1 00:00:00,440 --> 00:00:04,600 Speaker 1: Your source of breaking news, challenging opinion and honored backs. 2 00:00:04,800 --> 00:00:09,360 Speaker 1: The Mike Hosking Breakfast with a Vita, Retirement Communities, Life 3 00:00:09,520 --> 00:00:11,120 Speaker 1: Your Way News, togs Head, Been. 4 00:00:11,080 --> 00:00:14,160 Speaker 2: Body Welcome Today, Plain News. We have original Service boost 5 00:00:14,200 --> 00:00:16,560 Speaker 2: and we have on time data as to whether your 6 00:00:16,560 --> 00:00:19,599 Speaker 2: plane is on time. A new move to prosecute parents, 7 00:00:19,600 --> 00:00:21,640 Speaker 2: Ober Truancy. We've got new money coming with the King 8 00:00:21,720 --> 00:00:23,799 Speaker 2: on It. New insight in theo Perst home Buyers, Tim 9 00:00:23,800 --> 00:00:26,439 Speaker 2: and Katie Murray, Gold's Richard Arnold. There's some of the 10 00:00:26,480 --> 00:00:29,960 Speaker 2: A listers rocking up. Pasky right, let's get amongst it. 11 00:00:30,000 --> 00:00:31,760 Speaker 2: Friday morning, seven past six. I tell you what, I 12 00:00:31,800 --> 00:00:33,720 Speaker 2: cannot recommend a piece of reading in the Listener, and 13 00:00:33,760 --> 00:00:38,000 Speaker 2: it's been reproduced elsewhere on a longitudinal study that now 14 00:00:38,000 --> 00:00:41,280 Speaker 2: spans thirty five years and twelve elections. I cannot recommend 15 00:00:41,280 --> 00:00:44,080 Speaker 2: this enough. It is gripping. Couple of thousand people each 16 00:00:44,080 --> 00:00:46,919 Speaker 2: election are given dozens and dozens of questions. Now it's 17 00:00:47,000 --> 00:00:49,680 Speaker 2: weakness is some of those questions are a bit vague, 18 00:00:50,120 --> 00:00:52,040 Speaker 2: and they throw up the sort of responses around things 19 00:00:52,080 --> 00:00:54,680 Speaker 2: like healthcare and public services that you would expect. Turns out, 20 00:00:54,760 --> 00:00:57,160 Speaker 2: we like them. We want more of them, but I mean, 21 00:00:57,200 --> 00:00:58,840 Speaker 2: how much more? What if the money is wasted? We 22 00:00:58,880 --> 00:01:01,040 Speaker 2: don't get to know that sort of sting bit of 23 00:01:01,160 --> 00:01:03,560 Speaker 2: history for you. The long E government of nineteen eighty 24 00:01:03,560 --> 00:01:05,880 Speaker 2: four blew at big time. According to us, went way 25 00:01:05,880 --> 00:01:08,320 Speaker 2: too far, upset too many people. I remember it well. 26 00:01:08,840 --> 00:01:12,680 Speaker 2: We love strong leaders. We are more socially conservative than 27 00:01:12,720 --> 00:01:16,080 Speaker 2: you might think. The electoral system doesn't represent what we 28 00:01:16,240 --> 00:01:18,960 Speaker 2: actually want or like. Turns out, the majority of US, 29 00:01:18,959 --> 00:01:21,280 Speaker 2: and this has been applicable for years. We like the 30 00:01:21,319 --> 00:01:24,400 Speaker 2: death penalty, yet we've never had it. A couple of 31 00:01:24,440 --> 00:01:28,040 Speaker 2: highlights for me Labour's moves around Mari and introducing Treaty 32 00:01:28,040 --> 00:01:31,319 Speaker 2: of White Hangy Principles into some legislation. The majority of 33 00:01:31,400 --> 00:01:35,800 Speaker 2: US decades ago didn't want it. Now we don't have 34 00:01:35,840 --> 00:01:37,800 Speaker 2: the twenty twenty three results as yet, but I bet 35 00:01:37,840 --> 00:01:40,160 Speaker 2: you nothing's changed, which I would have thought would lead 36 00:01:40,160 --> 00:01:41,959 Speaker 2: you to ask, well, why hasn't it changed? Why hasn't 37 00:01:41,959 --> 00:01:44,000 Speaker 2: it been fixed? A bad idea allowed to fester and 38 00:01:44,360 --> 00:01:48,000 Speaker 2: cause on going angst and upset for decades? Why? Secondly, 39 00:01:48,360 --> 00:01:51,640 Speaker 2: there are signs of increasing They tell us dissatisfaction, concern, 40 00:01:51,760 --> 00:01:54,800 Speaker 2: and unhappiness. The authors say not like the nineties. Now, 41 00:01:54,840 --> 00:01:57,200 Speaker 2: I remember the nineties as well. It was Richardson and Shipley. 42 00:01:57,640 --> 00:01:59,880 Speaker 2: It was welfare reform, the mother of all budgets. It 43 00:01:59,920 --> 00:02:02,240 Speaker 2: was burning of effigies on the Parliament grounds. You can 44 00:02:02,240 --> 00:02:05,280 Speaker 2: see the edginess these days with similar discourse and protest. 45 00:02:05,000 --> 00:02:10,800 Speaker 2: But it is suggested political polarization has declined over the 46 00:02:10,840 --> 00:02:14,120 Speaker 2: past decade. Really do you believe that. I don't. I 47 00:02:14,120 --> 00:02:16,440 Speaker 2: don't think we've ever been more divided, never been more 48 00:02:16,480 --> 00:02:18,200 Speaker 2: stark in our views of the country, in the world, 49 00:02:18,240 --> 00:02:21,600 Speaker 2: social media distrust, fake news, polarizing views and stands. I've 50 00:02:21,600 --> 00:02:23,400 Speaker 2: got no idea how they've concluded that. But it's a 51 00:02:23,440 --> 00:02:25,720 Speaker 2: server and it's new Zealander is speaking. Read it and 52 00:02:25,720 --> 00:02:27,880 Speaker 2: see if you disagree. But on most stuff, and here's 53 00:02:27,919 --> 00:02:32,240 Speaker 2: the really interesting thing, on most stuff, we haven't changed. 54 00:02:32,800 --> 00:02:35,560 Speaker 2: For decades. We haven't changed. The times have changed, the 55 00:02:35,600 --> 00:02:39,240 Speaker 2: circumstances have changed, but broadly we don't. And I'm not 56 00:02:39,240 --> 00:02:40,080 Speaker 2: sure if that's good or. 57 00:02:40,080 --> 00:02:44,800 Speaker 1: Bad news of the world in ninety second, Well. 58 00:02:44,680 --> 00:02:47,040 Speaker 2: It's Washington where the Donald got the bad news from 59 00:02:47,040 --> 00:02:49,919 Speaker 2: the courts over tariffs. Turns out they werellegal. The appeals 60 00:02:49,919 --> 00:02:52,000 Speaker 2: already in and then the question I suppose as to 61 00:02:52,000 --> 00:02:54,079 Speaker 2: whether any of this legal noise makes any difference. 62 00:02:54,440 --> 00:02:58,639 Speaker 3: I don't think that Trump will back out and basically 63 00:02:58,720 --> 00:03:02,560 Speaker 3: abandon his treate agenda because of the Court and what 64 00:03:02,760 --> 00:03:04,760 Speaker 3: he'd done. After that, he would go to an appeal, 65 00:03:04,840 --> 00:03:07,200 Speaker 3: he would go to Supreme Court, and in many cases 66 00:03:07,200 --> 00:03:08,040 Speaker 3: he will. 67 00:03:08,240 --> 00:03:11,200 Speaker 2: Then though Gelon has left to head back to the dumpsters. Father, 68 00:03:11,400 --> 00:03:13,720 Speaker 2: this is car company where investors a quaking to see 69 00:03:13,720 --> 00:03:15,240 Speaker 2: and put in a good forty hours a week, and 70 00:03:15,280 --> 00:03:15,640 Speaker 2: this is. 71 00:03:15,600 --> 00:03:19,679 Speaker 4: A dark chapters that ultimately must needed to end Insures 72 00:03:19,760 --> 00:03:23,520 Speaker 4: PASSA and now indeed the Trump White House roll it 73 00:03:23,600 --> 00:03:26,360 Speaker 4: removes a black cloud over Tasso's stock. 74 00:03:26,720 --> 00:03:29,280 Speaker 2: Back on the hill, they beside committee is busy in 75 00:03:29,320 --> 00:03:31,760 Speaker 2: getting into the old Biden auto pien saga. 76 00:03:31,800 --> 00:03:34,280 Speaker 5: More and more evidence is coming out from Jake Tapper 77 00:03:34,600 --> 00:03:37,720 Speaker 5: to other whistleblowers in the administration that some of these 78 00:03:37,760 --> 00:03:41,000 Speaker 5: unnamed bureaucrats in the White House were using the outopen 79 00:03:41,560 --> 00:03:45,200 Speaker 5: to sign Joe Biden's name on very important things like 80 00:03:45,320 --> 00:03:47,120 Speaker 5: pardons and like executive orders. 81 00:03:47,240 --> 00:03:49,040 Speaker 2: Then to Britain, where it seems the PM has been 82 00:03:49,040 --> 00:03:51,320 Speaker 2: reading the polls and found out that reform is quite 83 00:03:51,360 --> 00:03:53,040 Speaker 2: popular que the barrage. 84 00:03:53,120 --> 00:03:57,040 Speaker 6: He set out economic plants that contained billions upon billions 85 00:03:57,240 --> 00:04:03,360 Speaker 6: of completely unfunded spending, precisely the sort of irresponsible splurge 86 00:04:03,800 --> 00:04:07,240 Speaker 6: that sent your mortgage, cost your bills and the costs 87 00:04:07,240 --> 00:04:08,720 Speaker 6: a living through the route. 88 00:04:09,200 --> 00:04:11,320 Speaker 2: When you're popular and they come after year, there's only 89 00:04:11,360 --> 00:04:12,040 Speaker 2: one way to play. 90 00:04:12,160 --> 00:04:15,920 Speaker 7: Kiir Starmer is panicking because his awful government is now 91 00:04:15,960 --> 00:04:20,000 Speaker 7: trailing reform by staggering eight points in the latest Yugo poll. 92 00:04:20,200 --> 00:04:22,400 Speaker 7: We're always told by the two hour parties there's no 93 00:04:22,480 --> 00:04:24,880 Speaker 7: money left. But Nigel's the prime minister that changes and 94 00:04:24,880 --> 00:04:26,880 Speaker 7: the interest of the British people will come first. 95 00:04:27,000 --> 00:04:29,560 Speaker 2: And a good diabetical aerospace. So they've got an electric 96 00:04:29,600 --> 00:04:32,920 Speaker 2: flying taxi today they had their first real world test flight. 97 00:04:33,040 --> 00:04:36,600 Speaker 8: The cost per seat per kilometer is around two dollars, 98 00:04:37,240 --> 00:04:39,480 Speaker 8: which is equivalent to a black cab. It's equivalent to 99 00:04:39,480 --> 00:04:41,520 Speaker 8: an other black So if you look at the medium 100 00:04:41,600 --> 00:04:44,240 Speaker 8: to long term, absolutely this is mass transport. 101 00:04:44,360 --> 00:04:46,200 Speaker 2: Now this was the first for Europe. You've got four 102 00:04:46,240 --> 00:04:48,919 Speaker 2: passengers on board. It's London to Heathrow in eight minutes 103 00:04:48,960 --> 00:04:51,000 Speaker 2: as opposed to fifty two minutes by the road. Got 104 00:04:51,000 --> 00:04:53,120 Speaker 2: to one hundred and fifty miles from now, so let's 105 00:04:53,240 --> 00:04:56,840 Speaker 2: use the world in future world in ninety Korea. They 106 00:04:56,880 --> 00:04:59,960 Speaker 2: went again yesterday twenty five points, another twenty five basis points, 107 00:05:00,040 --> 00:05:01,800 Speaker 2: two and a half percent there down to now that's 108 00:05:01,839 --> 00:05:03,760 Speaker 2: the fourth cut currently. And we also get news this 109 00:05:03,760 --> 00:05:06,520 Speaker 2: morning from the IMF that India is on the March. 110 00:05:06,640 --> 00:05:09,839 Speaker 2: Their GDP is due to reach this year four point 111 00:05:09,880 --> 00:05:13,640 Speaker 2: one eighty seven trillion, which would mean it surpasses Japan 112 00:05:13,720 --> 00:05:17,479 Speaker 2: to become the fourth largest economy in the world. Twelve 113 00:05:17,520 --> 00:05:18,240 Speaker 2: past six. 114 00:05:20,480 --> 00:05:25,279 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio powered 115 00:05:25,360 --> 00:05:26,400 Speaker 1: by News Talks. 116 00:05:26,160 --> 00:05:32,520 Speaker 2: Evy twenty six degrees this coming weekend in England and 117 00:05:32,600 --> 00:05:34,240 Speaker 2: Eastern Wales. Why am I telling you this? 118 00:05:34,279 --> 00:05:34,479 Speaker 9: Well? 119 00:05:34,520 --> 00:05:37,159 Speaker 2: Won the northern Southern's comers and northern summer's coming up 120 00:05:37,160 --> 00:05:38,520 Speaker 2: and a lot of people head to the northern part 121 00:05:38,560 --> 00:05:41,159 Speaker 2: of the world for summer. Anyway, it was officially announced 122 00:05:41,200 --> 00:05:47,080 Speaker 2: yesterday it was the sunniest spring in England ever. Fifteen 123 00:05:47,120 --> 00:05:50,359 Speaker 2: past six, Jay my Wealth. 124 00:05:50,200 --> 00:05:53,120 Speaker 10: Andrew kellerher, good morning, Very good morning, Mike m. 125 00:05:55,000 --> 00:06:00,800 Speaker 2: Twelve points down and so it wasn't in the Reserve 126 00:06:00,839 --> 00:06:02,840 Speaker 2: Bank announcement and we didn't all jump up and down 127 00:06:02,920 --> 00:06:05,000 Speaker 2: clearly did we And I'm assuming all the responses came 128 00:06:05,000 --> 00:06:08,200 Speaker 2: in before run Christian Mader's announcement. Yeah, yeah, a lot 129 00:06:08,240 --> 00:06:09,040 Speaker 2: lots going on there. 130 00:06:09,040 --> 00:06:11,440 Speaker 11: This is hot on the heels of the rbnzre dropping 131 00:06:11,480 --> 00:06:14,600 Speaker 11: the official cash right to three and a quarter. Yesterday 132 00:06:14,680 --> 00:06:17,599 Speaker 11: we got the latest read on business outlook from A 133 00:06:17,720 --> 00:06:21,120 Speaker 11: and said, so this high frequency read on business sentiment, 134 00:06:21,200 --> 00:06:23,920 Speaker 11: and at the headline level, Mike, it does look quite 135 00:06:24,080 --> 00:06:28,400 Speaker 11: supportive of lower interest rate settings because confidence has fallen 136 00:06:28,520 --> 00:06:29,480 Speaker 11: in the made data. 137 00:06:29,560 --> 00:06:31,800 Speaker 10: So yeah, at the headline, as you said, it's. 138 00:06:31,640 --> 00:06:34,440 Speaker 11: Fallen twelve points to plus thirty seven, which is not 139 00:06:34,560 --> 00:06:38,800 Speaker 11: exactly buoyant, not exactly frothy. Aortland and Canterbury were higher 140 00:06:38,839 --> 00:06:42,080 Speaker 11: than that. They will go Auckland finally north of forty. 141 00:06:42,560 --> 00:06:46,839 Speaker 11: But Wellington, here we go plus eleven plus eleven. 142 00:06:46,880 --> 00:06:47,800 Speaker 10: It's grim down there. 143 00:06:48,160 --> 00:06:50,760 Speaker 11: Past own activity this is real, it's not forward looking, 144 00:06:50,960 --> 00:06:53,040 Speaker 11: and this is a good This is the best reflection 145 00:06:53,120 --> 00:06:56,960 Speaker 11: of GDP that fell from eleven to five. So plus 146 00:06:57,040 --> 00:06:59,760 Speaker 11: eleven to plus five, So the economic recovery is still 147 00:06:59,800 --> 00:07:01,640 Speaker 11: kind of hiding in the shadows, isn't it. 148 00:07:01,960 --> 00:07:05,239 Speaker 10: And past employment also real that fell into negative territory 149 00:07:05,279 --> 00:07:05,800 Speaker 10: negative ten. 150 00:07:05,960 --> 00:07:07,960 Speaker 11: So look, if we left it all at that, Mike, 151 00:07:08,320 --> 00:07:10,440 Speaker 11: you could be forgiven for sort of turning round and 152 00:07:10,480 --> 00:07:13,840 Speaker 11: going asking the Monetary Policy Committee for another twenty five 153 00:07:13,840 --> 00:07:14,880 Speaker 11: basis points please. 154 00:07:15,960 --> 00:07:17,480 Speaker 10: But there's a butt here. 155 00:07:17,320 --> 00:07:19,280 Speaker 11: And this is a repeat of what was at last month, 156 00:07:19,320 --> 00:07:23,480 Speaker 11: so significant divergence within the month. So it sort of 157 00:07:23,520 --> 00:07:26,600 Speaker 11: got materially better as the month progressed. So the response 158 00:07:26,640 --> 00:07:30,120 Speaker 11: has improved, global markets settled down, but it still leaves 159 00:07:30,120 --> 00:07:32,840 Speaker 11: you with the impression that if in fact the recovery 160 00:07:32,880 --> 00:07:34,600 Speaker 11: is there, it's still very modest. 161 00:07:34,600 --> 00:07:35,520 Speaker 10: It's hard work. 162 00:07:35,760 --> 00:07:37,760 Speaker 11: I actually spent last night with a whole bunch of 163 00:07:37,800 --> 00:07:42,040 Speaker 11: business people talking to them, and anecdotally they say, May 164 00:07:42,360 --> 00:07:44,480 Speaker 11: May felt like it went back into a little bit 165 00:07:44,480 --> 00:07:47,200 Speaker 11: of a hole. A and Z is still holding to 166 00:07:47,200 --> 00:07:49,440 Speaker 11: the view that the OCR will need to go to 167 00:07:49,480 --> 00:07:49,880 Speaker 11: two and. 168 00:07:49,800 --> 00:07:51,920 Speaker 10: A half to assist the economic recovery. 169 00:07:52,120 --> 00:07:55,560 Speaker 11: So they are doing, Mike, what the RBNZ suggested yesterday, 170 00:07:55,600 --> 00:07:58,320 Speaker 11: We all should do make our own minds up about 171 00:07:58,320 --> 00:07:59,920 Speaker 11: where the OCR should go. 172 00:08:00,200 --> 00:08:03,760 Speaker 2: Okay, in video, so we seem to like it, and 173 00:08:03,760 --> 00:08:06,200 Speaker 2: they seem to have dodged a bullet. 174 00:08:06,600 --> 00:08:09,000 Speaker 11: Yeah, yeah, absolutely, yeah, they did. I mean because they 175 00:08:09,000 --> 00:08:10,680 Speaker 11: had this China issue. They went in, they sell to 176 00:08:10,760 --> 00:08:13,080 Speaker 11: China and they managed to they managed to put out 177 00:08:13,120 --> 00:08:16,680 Speaker 11: a blooming good result despite that. So during the day, 178 00:08:16,760 --> 00:08:19,880 Speaker 11: so after we spoke yesterday and Video released its quarterly results, 179 00:08:20,320 --> 00:08:22,760 Speaker 11: and actually during the day, the US share market futures 180 00:08:22,760 --> 00:08:26,600 Speaker 11: reacted quite quite positiveness. But they're struggling to hold onto 181 00:08:26,640 --> 00:08:29,200 Speaker 11: this rally at the moment. So yeah, in Video, I 182 00:08:29,240 --> 00:08:31,800 Speaker 11: mean after ours training, they're up almost six percent. They 183 00:08:31,840 --> 00:08:35,000 Speaker 11: beat revenue estimates forty four point one billion versus forty 184 00:08:35,000 --> 00:08:38,560 Speaker 11: three point three expected. That is the tenth straight quarter 185 00:08:39,080 --> 00:08:42,520 Speaker 11: of record revenue growth and the second quarter revenue aspect 186 00:08:42,600 --> 00:08:45,160 Speaker 11: to go higher again to over forty five billion. 187 00:08:45,200 --> 00:08:47,520 Speaker 10: And yes, despite the hits sales. 188 00:08:47,480 --> 00:08:50,720 Speaker 11: Due to tighter restrictions on the US chip sales to China. 189 00:08:51,280 --> 00:08:54,800 Speaker 11: CEO Jensen commented specifically on the China situation. 190 00:08:55,160 --> 00:08:56,520 Speaker 10: He also made I thought was. 191 00:08:56,520 --> 00:08:59,120 Speaker 11: A really interesting situation. He talked about the broadening of 192 00:08:59,160 --> 00:09:02,559 Speaker 11: interest in chips for AI. So it's gone from being 193 00:09:03,080 --> 00:09:07,840 Speaker 11: the hyperscalers, the hype Nai Amazon, Microsoft, Metament alphabet. 194 00:09:08,320 --> 00:09:09,160 Speaker 10: This is really interesting. 195 00:09:09,400 --> 00:09:14,599 Speaker 11: Two sovereign states, people like Saudi Arabia, Taiwan investing heavily. 196 00:09:14,520 --> 00:09:16,920 Speaker 10: Into AI and Nvidia now vying. 197 00:09:16,679 --> 00:09:19,520 Speaker 11: With Microsoft to be the largest listed company in the world. 198 00:09:19,520 --> 00:09:22,080 Speaker 11: So it's very much a tailwind for the U S 199 00:09:22,080 --> 00:09:22,640 Speaker 11: share market. 200 00:09:22,760 --> 00:09:25,600 Speaker 2: Now, this judiciary thing that the courts and stuff, what 201 00:09:25,600 --> 00:09:26,200 Speaker 2: do we do with that? 202 00:09:26,600 --> 00:09:27,920 Speaker 10: Well, so there's a bombshell. 203 00:09:28,040 --> 00:09:30,640 Speaker 11: Really, I suppose in a sense, this is the Court 204 00:09:30,679 --> 00:09:32,880 Speaker 11: of International Trade, which most of us would never have 205 00:09:32,920 --> 00:09:34,600 Speaker 11: heard of. You know, it's ruled that the trades are 206 00:09:34,640 --> 00:09:37,000 Speaker 11: legal now. And the interesting thing, Mike, I've been doing 207 00:09:37,040 --> 00:09:40,200 Speaker 11: sort of presentation around the country recently. I've been highlighting 208 00:09:40,480 --> 00:09:43,559 Speaker 11: this statute on which the tariffs are based, the International 209 00:09:43,840 --> 00:09:47,400 Speaker 11: Emergency Economic Powers Act of nineteen seventy seven, because it 210 00:09:47,559 --> 00:09:51,280 Speaker 11: seemed unlikely that that basis would withstand judicial scrutiny, which 211 00:09:51,320 --> 00:09:53,520 Speaker 11: is what has happened. Because the logic here is that 212 00:09:54,000 --> 00:09:58,320 Speaker 11: no emergency exists because US trade deficits have persisted for 213 00:09:58,440 --> 00:10:02,440 Speaker 11: decades without causing economic calm. It obviously will continue to 214 00:10:02,440 --> 00:10:05,800 Speaker 11: be battled around court. And actually market's sort of reacted positively, 215 00:10:05,840 --> 00:10:08,360 Speaker 11: but just looking at the headline flow now they're sort 216 00:10:08,360 --> 00:10:10,280 Speaker 11: of saying, you know what these tarifs are going. It's 217 00:10:10,360 --> 00:10:12,960 Speaker 11: this They're just going to keep going. This court ruling 218 00:10:13,040 --> 00:10:14,600 Speaker 11: probably won't distract from that. 219 00:10:14,760 --> 00:10:16,120 Speaker 2: Right, I need some numbers. 220 00:10:16,120 --> 00:10:19,040 Speaker 10: Sure, Yeah, So the rally is fading. 221 00:10:19,600 --> 00:10:23,600 Speaker 11: The dal Jones is now down forty six points forty 222 00:10:23,600 --> 00:10:26,320 Speaker 11: two thousand and fifty two. The S and P five 223 00:10:26,400 --> 00:10:28,719 Speaker 11: hundred is just flirting with the fIF five thy nine 224 00:10:28,800 --> 00:10:29,360 Speaker 11: hundred level. 225 00:10:29,360 --> 00:10:31,080 Speaker 10: It's now up twelve that's. 226 00:10:30,920 --> 00:10:33,120 Speaker 11: About point two percent, and the Nasdaq, which was up 227 00:10:33,160 --> 00:10:36,560 Speaker 11: quite strongly, is now only up twenty points nineteen one 228 00:10:36,640 --> 00:10:37,320 Speaker 11: hundred and twenty one. 229 00:10:37,320 --> 00:10:40,760 Speaker 10: There was a GDP some GDP numbers as well. What 230 00:10:40,840 --> 00:10:41,320 Speaker 10: else have we got? 231 00:10:41,360 --> 00:10:43,640 Speaker 11: We got the foots one hundred down ten points eight 232 00:10:43,720 --> 00:10:46,760 Speaker 11: seven one six, the nick at up one point eight 233 00:10:46,880 --> 00:10:49,720 Speaker 11: eight that's seven hundred and eleven points thirty eight thousand, 234 00:10:49,760 --> 00:10:52,199 Speaker 11: four hundred and thirty two. The Shanghai Composite I was 235 00:10:52,280 --> 00:10:54,280 Speaker 11: up point seven percent yesterday. 236 00:10:53,920 --> 00:10:54,960 Speaker 10: Three three six three. 237 00:10:55,000 --> 00:10:57,800 Speaker 11: The Aussie has gained thirteen points on the A six 238 00:10:57,880 --> 00:11:00,959 Speaker 11: two hundred, closing at eight four oh nine. The insects 239 00:11:01,000 --> 00:11:04,160 Speaker 11: fifty we lost eighty one points yesterday, point sixty five percent, 240 00:11:04,559 --> 00:11:06,680 Speaker 11: twelve thousand, two hundred and eighty one. 241 00:11:07,160 --> 00:11:08,640 Speaker 10: Kiwi dollar against the US. 242 00:11:08,920 --> 00:11:10,920 Speaker 11: The wholesale markets will get your point five to nine 243 00:11:10,960 --> 00:11:13,240 Speaker 11: eight two US point nine. 244 00:11:13,040 --> 00:11:15,800 Speaker 10: Two seven six oussie point five to two five seven. 245 00:11:15,640 --> 00:11:18,840 Speaker 11: Euro point four four three one against the pound eighty 246 00:11:18,880 --> 00:11:21,000 Speaker 11: six point one six Japanese. The end gold is trading 247 00:11:21,040 --> 00:11:23,559 Speaker 11: at three thousand, three hundred and twenty three. 248 00:11:23,400 --> 00:11:27,920 Speaker 2: Dollars oils down down, yep, fill that big. They're going 249 00:11:27,960 --> 00:11:29,040 Speaker 2: to pump more into the market. 250 00:11:29,320 --> 00:11:29,960 Speaker 12: Sixty four bucks. 251 00:11:30,040 --> 00:11:31,320 Speaker 10: Yeah, there's going to be more out there. 252 00:11:31,600 --> 00:11:34,480 Speaker 11: Go and get yourself a six liter car, Mike, or 253 00:11:34,480 --> 00:11:35,920 Speaker 11: you've probably already got one, haven't. 254 00:11:35,840 --> 00:11:37,959 Speaker 2: Yes, I do, as it turns out, And I was 255 00:11:38,000 --> 00:11:39,920 Speaker 2: looking at the ninety eyes, looking at the ninety eight 256 00:11:39,960 --> 00:11:41,760 Speaker 2: as I was filling her up this weakness, thinking that's 257 00:11:41,800 --> 00:11:42,800 Speaker 2: not a bad price. 258 00:11:43,080 --> 00:11:44,080 Speaker 10: Ye'll put your foot down. 259 00:11:44,240 --> 00:11:48,439 Speaker 2: Rebond week in Andrew Kellahejmiwealth dot co dot m z mosk. 260 00:11:48,480 --> 00:11:50,599 Speaker 2: Favorite business story of the last twenty four hours is 261 00:11:50,640 --> 00:11:54,800 Speaker 2: Hailey Bieber, who is married to you know who started 262 00:11:54,840 --> 00:11:58,160 Speaker 2: the thing called Road Rhode couple of years ago. It's 263 00:11:58,200 --> 00:12:00,320 Speaker 2: a makeup brand. We'll talk more about it later. Because 264 00:12:00,320 --> 00:12:02,240 Speaker 2: I was in the car with Katie yesterday having filled 265 00:12:02,280 --> 00:12:04,480 Speaker 2: up the aforementioned car, driving across town. I said this, 266 00:12:04,520 --> 00:12:07,200 Speaker 2: Hailey Beber, tell me about her anyway. She started a 267 00:12:07,200 --> 00:12:10,480 Speaker 2: makeup brand a couple of years ago. Three years ago, 268 00:12:11,080 --> 00:12:14,240 Speaker 2: zero no money has just sold it for a billion dollars. 269 00:12:14,600 --> 00:12:16,760 Speaker 2: It's not bad Ay six twenty one. You're a news 270 00:12:16,760 --> 00:12:17,559 Speaker 2: talk to book. 271 00:12:23,640 --> 00:12:28,120 Speaker 1: The Vike Hosking Breakfast Full Show podcast on iHeartRadio powered 272 00:12:28,160 --> 00:12:28,880 Speaker 1: by News Talks. 273 00:12:28,880 --> 00:12:32,600 Speaker 2: A'd be fun fact time, speaking of nvideo, if you'd 274 00:12:32,640 --> 00:12:35,840 Speaker 2: invested one thousand bucks a year ago, you'd have eleven 275 00:12:35,920 --> 00:12:38,760 Speaker 2: hundred and eighty four dollars. So five years ago, if 276 00:12:38,760 --> 00:12:41,959 Speaker 2: you'd invested a thousand, you'd have fifteen thousand, eight hundred 277 00:12:41,960 --> 00:12:45,040 Speaker 2: and ninety seven dollars, So you're thinking not bad. If 278 00:12:45,080 --> 00:12:48,880 Speaker 2: you'd invested your one thousand dollars ten years ago, you 279 00:12:48,920 --> 00:12:51,640 Speaker 2: would now have two hundred and forty three thousand dollars. 280 00:12:52,160 --> 00:12:55,200 Speaker 2: If you'd invested when it opened and floated for the 281 00:12:55,200 --> 00:12:58,640 Speaker 2: first time back in nineteen ninety nine, your one thousand 282 00:12:58,640 --> 00:13:03,080 Speaker 2: dollars today would be worth five zero point four million. 283 00:13:03,559 --> 00:13:04,320 Speaker 2: Six twenty five. 284 00:13:04,720 --> 00:13:09,480 Speaker 1: Trending now quit chemist Warehouse, Mayhem megasale on now. 285 00:13:09,559 --> 00:13:12,000 Speaker 2: If you watch Mobland, you'll have seen Helen Mirren, Pierce 286 00:13:12,040 --> 00:13:14,840 Speaker 2: Brosnan very good, great show. Anyway. Netflix like it as well, 287 00:13:14,880 --> 00:13:16,599 Speaker 2: they like that vibe, so they placed them in a 288 00:13:16,679 --> 00:13:19,040 Speaker 2: new project called The Thursday Murder Club. So that's based 289 00:13:19,080 --> 00:13:22,000 Speaker 2: on the novel Four Retirees. They spend their time solving 290 00:13:22,040 --> 00:13:26,000 Speaker 2: cold cases for fun until until they get caught up 291 00:13:26,040 --> 00:13:27,160 Speaker 2: in a case in real time. 292 00:13:27,920 --> 00:13:32,319 Speaker 13: Our latest cold case is from May the eleventh, nineteen 293 00:13:32,440 --> 00:13:33,160 Speaker 13: seventy three. 294 00:13:36,080 --> 00:13:41,559 Speaker 2: Oh my gods, isn't this room usually for jigsaws? Not 295 00:13:41,720 --> 00:13:50,440 Speaker 2: on a Thursday? No, welcome to Cooper's Chase. We're a team. 296 00:13:50,880 --> 00:13:55,559 Speaker 2: All systems go Roger that it's been a mud and 297 00:13:55,960 --> 00:13:59,920 Speaker 2: it's all mud now it's got a real case to solve. 298 00:14:00,080 --> 00:14:00,840 Speaker 2: Isn't it wonderful? 299 00:14:01,880 --> 00:14:02,360 Speaker 10: Obviously? 300 00:14:02,600 --> 00:14:03,360 Speaker 12: Rip and all that? 301 00:14:04,840 --> 00:14:05,199 Speaker 14: Who are you? 302 00:14:08,040 --> 00:14:12,520 Speaker 2: I'm sorry? How rood of me? We're the Thursday Murder Club. 303 00:14:13,000 --> 00:14:17,959 Speaker 2: Fantastic Mirrion Brosn and Ben Kinsley, Celia Emery there the 304 00:14:18,000 --> 00:14:20,960 Speaker 2: Four Retires. Tenant David is in there, Jonathan Price to 305 00:14:21,120 --> 00:14:23,840 Speaker 2: Pope's the Crown, Richard E. Grants and there he's always good. 306 00:14:23,880 --> 00:14:27,080 Speaker 2: Netflix August twenty eighth, Memorial Day. We can speaking of 307 00:14:27,120 --> 00:14:29,200 Speaker 2: television and movies and stuff. I did allude to it 308 00:14:29,320 --> 00:14:32,360 Speaker 2: the other day, but that whole what's his name? 309 00:14:33,040 --> 00:14:33,200 Speaker 9: You know? 310 00:14:33,400 --> 00:14:36,200 Speaker 2: Cruz Lelo and Stitch Mission impossible Anyway, turned out, the 311 00:14:36,320 --> 00:14:39,680 Speaker 2: Memorial Day weekend domestically in America was a record three 312 00:14:39,760 --> 00:14:42,840 Speaker 2: hundred and twenty six million stocks and movie companies have 313 00:14:42,920 --> 00:14:45,360 Speaker 2: gone up all week. They're thinking that the movies are 314 00:14:45,520 --> 00:14:48,280 Speaker 2: actually back. This was more than just a memorial This 315 00:14:48,480 --> 00:14:51,080 Speaker 2: was like people have finally got it. It's post COVID. 316 00:14:51,200 --> 00:14:53,520 Speaker 2: We've got some product, We're in the movies. We're going 317 00:14:53,600 --> 00:14:55,320 Speaker 2: back to eat the popcorn. So all is well with 318 00:14:55,400 --> 00:14:58,600 Speaker 2: the world housing Let's get amongst that. Got some interesting 319 00:14:58,680 --> 00:15:00,760 Speaker 2: news stats around first time by for you right after 320 00:15:00,800 --> 00:15:03,120 Speaker 2: the news, which is next the views togs edb. 321 00:15:05,120 --> 00:15:07,760 Speaker 9: The news and the news makers. 322 00:15:08,160 --> 00:15:12,280 Speaker 1: The Mic Hosking breakfast with the range Rover villa designed 323 00:15:12,520 --> 00:15:13,640 Speaker 1: to intrigue and use. 324 00:15:13,720 --> 00:15:16,560 Speaker 2: Togs edv's Mike followed, you'll suggest you watched Clarkson's Farm 325 00:15:16,640 --> 00:15:19,040 Speaker 2: for the first time last night from series one. My 326 00:15:19,160 --> 00:15:21,280 Speaker 2: fifteen year old daughter and I laughed all the way 327 00:15:21,360 --> 00:15:23,440 Speaker 2: through at great suggestion. Barton very pleased. Do you like 328 00:15:23,440 --> 00:15:26,120 Speaker 2: it's a brilliant show, mister Hosking. The warriors are going 329 00:15:26,200 --> 00:15:30,200 Speaker 2: rabbit hunting on Sunday, Yes, my friend, they are. What 330 00:15:30,400 --> 00:15:32,480 Speaker 2: is pretty RABBITO is pretty good these days. Six on 331 00:15:32,560 --> 00:15:34,680 Speaker 2: the table, mind you, not as good as us twenty 332 00:15:34,680 --> 00:15:38,000 Speaker 2: three minutes away from seven. So the business of the 333 00:15:38,080 --> 00:15:39,080 Speaker 2: tariffs and the courts? 334 00:15:39,160 --> 00:15:39,840 Speaker 9: What do we do now? 335 00:15:40,000 --> 00:15:42,200 Speaker 2: Richard Arnold state, So I shortly meantime back here. You've 336 00:15:42,200 --> 00:15:44,240 Speaker 2: got some good news I think around housing. You report 337 00:15:44,320 --> 00:15:46,440 Speaker 2: this morning shows that's nearly a quarter twenty five percent 338 00:15:46,480 --> 00:15:49,680 Speaker 2: of all purchases for first home buyers. Interestingly, the average 339 00:15:49,720 --> 00:15:51,760 Speaker 2: age for these first time buyers is up. It's now 340 00:15:51,880 --> 00:15:52,600 Speaker 2: thirty six. 341 00:15:52,720 --> 00:15:52,840 Speaker 9: Now. 342 00:15:52,960 --> 00:15:56,760 Speaker 2: Kelvin Davidson is Cautality Chief Property Economists and is back 343 00:15:56,800 --> 00:15:59,840 Speaker 2: with us. Calvin, morning to you, Good morning. Twenty five 344 00:16:00,000 --> 00:16:01,960 Speaker 2: is a pretty steady sort of number, I think, isn't it. 345 00:16:02,760 --> 00:16:05,240 Speaker 15: Yeah, that's yeah. I mean the average historically is about 346 00:16:05,240 --> 00:16:07,960 Speaker 15: twenty one twenty two, So yeah, twenty five pretty solid. 347 00:16:08,000 --> 00:16:10,240 Speaker 15: They have been up as high as twenty seven, but 348 00:16:10,800 --> 00:16:13,240 Speaker 15: ye're still doing pretty well at twenty five. So decent 349 00:16:13,320 --> 00:16:14,440 Speaker 15: market for first oone buyers. 350 00:16:14,560 --> 00:16:16,640 Speaker 2: Exactly what's the investor mix at the moment in terms 351 00:16:16,680 --> 00:16:18,840 Speaker 2: of competition for a first time buyer? Are they back 352 00:16:18,960 --> 00:16:19,160 Speaker 2: or not? 353 00:16:20,480 --> 00:16:23,120 Speaker 15: Yeah, investors are definitely coming back. They've risen for about 354 00:16:23,160 --> 00:16:26,800 Speaker 15: twenty percent up to twenty three twenty four, So, I 355 00:16:26,840 --> 00:16:28,880 Speaker 15: don't know. I think it's pretty balanced at the moment. 356 00:16:28,880 --> 00:16:31,440 Speaker 15: I mean there's opportunities for first home buyers, but investors 357 00:16:31,480 --> 00:16:35,920 Speaker 15: are coming back, interest rates down and interest deductibility back 358 00:16:35,920 --> 00:16:38,920 Speaker 15: to one hundred percent. Yeah, I think there's a bit 359 00:16:39,000 --> 00:16:39,400 Speaker 15: for everyone. 360 00:16:39,840 --> 00:16:42,640 Speaker 2: Access to money. I'm reading them increasingly, you can get 361 00:16:43,160 --> 00:16:45,280 Speaker 2: low deposits, there are deals to be done, et cetera. 362 00:16:45,400 --> 00:16:47,920 Speaker 15: Is all of that true, Yeah, I think that's right 363 00:16:47,960 --> 00:16:50,480 Speaker 15: as well. I mean there's a sense of balance across 364 00:16:50,560 --> 00:16:53,240 Speaker 15: lots of parts of the housing market. Certainly money is available. Yes, 365 00:16:53,360 --> 00:16:56,360 Speaker 15: you've got to get as fire serviceability testing, and obviously 366 00:16:56,440 --> 00:16:59,200 Speaker 15: have the deposit that sort of thing. Deposits are you 367 00:16:59,280 --> 00:17:01,880 Speaker 15: can get in with deposit, as you say, so your 368 00:17:01,920 --> 00:17:04,560 Speaker 15: money's available, people can get in they meet the criteria. 369 00:17:04,840 --> 00:17:07,600 Speaker 2: And there's talk also I'm reading of delays on processing 370 00:17:07,680 --> 00:17:10,359 Speaker 2: with various banks. Does that mean the demand is up 371 00:17:10,400 --> 00:17:11,600 Speaker 2: and there falls a Q forming. 372 00:17:12,640 --> 00:17:12,840 Speaker 1: Yeah. 373 00:17:12,880 --> 00:17:14,760 Speaker 15: I think that's That's one of the issues that I 374 00:17:14,880 --> 00:17:17,080 Speaker 15: hear quite a bit, And partly it's just the sort 375 00:17:17,119 --> 00:17:19,919 Speaker 15: of a legacy thing. Everyone wins on this thing. Back 376 00:17:19,920 --> 00:17:22,320 Speaker 15: to the end last year, the Reserve Bank made a 377 00:17:22,359 --> 00:17:24,960 Speaker 15: big o to our decision in November. Around about that time, 378 00:17:25,040 --> 00:17:28,440 Speaker 15: everyone stayed floating, and then after the decision decided to 379 00:17:28,480 --> 00:17:31,120 Speaker 15: fix for six months, you know, fixing short as they could. 380 00:17:31,560 --> 00:17:34,359 Speaker 15: Now that's six months roll forward, we're pretty much there now. 381 00:17:34,440 --> 00:17:37,560 Speaker 15: So there's this big wave of repricing the banks having 382 00:17:37,640 --> 00:17:41,080 Speaker 15: to deal with right now. So resources are spread just 383 00:17:41,119 --> 00:17:41,919 Speaker 15: a little bit thin. 384 00:17:42,040 --> 00:17:44,400 Speaker 2: Now this first time by our age. I was saying 385 00:17:44,400 --> 00:17:46,120 Speaker 2: earlier on if you'd asked me to guess, I would 386 00:17:46,119 --> 00:17:48,760 Speaker 2: have said twenty nine to thirty one, hand on heart. 387 00:17:48,880 --> 00:17:50,800 Speaker 2: What would you have said if you didn't have knowledge 388 00:17:50,800 --> 00:17:51,240 Speaker 2: of the data? 389 00:17:53,040 --> 00:17:57,160 Speaker 15: Well, yeah, good question, because I always do hard to say. 390 00:17:57,240 --> 00:17:59,080 Speaker 15: I mean, yeah, I would have said, perhaps on the 391 00:17:59,119 --> 00:18:01,520 Speaker 15: first half of the theory that these figures come from 392 00:18:01,560 --> 00:18:05,359 Speaker 15: West Pax mortgage lending records, so it's real data, it's 393 00:18:05,560 --> 00:18:08,600 Speaker 15: the hard data, it's what people are actually doing. So yeah, 394 00:18:08,720 --> 00:18:10,840 Speaker 15: up to thirty six, it's part of a long turn upwards. 395 00:18:10,920 --> 00:18:13,760 Speaker 15: Trend has got harder. But I think people are making 396 00:18:13,800 --> 00:18:16,200 Speaker 15: lifestyle choices too, the oe all that sort of thing. 397 00:18:16,280 --> 00:18:16,639 Speaker 9: Exact. 398 00:18:16,720 --> 00:18:18,959 Speaker 2: I'm glad you said that because I just wonder how 399 00:18:19,040 --> 00:18:21,159 Speaker 2: much of it is like everyone. You could look at 400 00:18:21,200 --> 00:18:24,200 Speaker 2: thirty six and go, see, can't afford it, or you 401 00:18:24,240 --> 00:18:26,000 Speaker 2: could look at thirty six and go, Yep, I've done 402 00:18:26,000 --> 00:18:28,080 Speaker 2: a whole bunch of other stuff because I decided that's 403 00:18:28,160 --> 00:18:29,400 Speaker 2: what I want to do with life. 404 00:18:30,480 --> 00:18:32,520 Speaker 15: Yeah, I think there's a mix of it at the moment. 405 00:18:32,560 --> 00:18:34,800 Speaker 15: If you look at affordability, So these numbers have gone 406 00:18:34,840 --> 00:18:38,560 Speaker 15: up from thirty four in twenty nineteen to thirty six now. Now, 407 00:18:38,560 --> 00:18:40,920 Speaker 15: if you look at affordability measures right now compared to 408 00:18:40,960 --> 00:18:43,840 Speaker 15: twenty nineteen, they're actually not that much different exactly. I 409 00:18:43,880 --> 00:18:46,520 Speaker 15: mean they were very very very stretched two or three 410 00:18:46,560 --> 00:18:48,600 Speaker 15: years ago, but compared to six years ago, they're not 411 00:18:48,760 --> 00:18:51,840 Speaker 15: that much different. So I think a way bit of affordability. 412 00:18:51,920 --> 00:18:54,760 Speaker 15: But also, yeah, lifestyle choices, you build your career, you 413 00:18:55,040 --> 00:18:56,639 Speaker 15: go on the OE, all that sort of stuff. 414 00:18:56,680 --> 00:19:00,840 Speaker 2: First, good insight, Calvin, enjoy your company, Kelvin Davidson, who's 415 00:19:00,840 --> 00:19:05,040 Speaker 2: the chief property economisty at cotality these days, Let's get 416 00:19:05,359 --> 00:19:09,560 Speaker 2: some tariff updates and musk updates stateside. Shortly with Richard 417 00:19:09,640 --> 00:19:10,600 Speaker 2: Arnold nineteen two. 418 00:19:11,400 --> 00:19:15,960 Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered 419 00:19:16,000 --> 00:19:17,520 Speaker 1: by News talksp. 420 00:19:18,119 --> 00:19:20,560 Speaker 2: Right now Harvey Norman got some seriously sharp deals. Are 421 00:19:20,680 --> 00:19:23,280 Speaker 2: King's Birthday weekend. They've got to win Tuesday though June third, 422 00:19:23,359 --> 00:19:25,960 Speaker 2: So we got the eighty six inch LG Smart four 423 00:19:26,080 --> 00:19:28,240 Speaker 2: K TB for just nineteen ninety nine. That's the saving 424 00:19:28,280 --> 00:19:29,959 Speaker 2: of seven hundred and thirty one bucks or twenty six 425 00:19:30,000 --> 00:19:32,480 Speaker 2: percent off. If you need a washing machine, the LG 426 00:19:32,640 --> 00:19:35,480 Speaker 2: eight K front loader only seven ninety eight. 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So best price is guaranteed. 441 00:20:18,240 --> 00:20:20,280 Speaker 2: You do not want to miss this King's Birthday deals. 442 00:20:20,320 --> 00:20:24,800 Speaker 2: Harvey Norman sale ends Tuesday pasking headline of the day 443 00:20:25,080 --> 00:20:29,240 Speaker 2: in New Zealand. Pilots smashed into runway edge lights. Pilots say, 444 00:20:29,359 --> 00:20:32,480 Speaker 2: lesson have been learned? What I haven't read the story? 445 00:20:32,560 --> 00:20:34,399 Speaker 2: Do I need to? What do you reckon the lessons 446 00:20:34,640 --> 00:20:37,560 Speaker 2: that have been learned? Would the lessons don't smash your 447 00:20:37,600 --> 00:20:38,439 Speaker 2: plane into stuff? 448 00:20:38,600 --> 00:20:39,879 Speaker 12: Make the runway a bit wider? 449 00:20:40,000 --> 00:20:40,160 Speaker 9: Yeah? 450 00:20:40,160 --> 00:20:41,400 Speaker 2: It could be six forty. 451 00:20:41,200 --> 00:20:45,520 Speaker 16: Five International correspondence with ends and eye insurance, Peace of 452 00:20:45,640 --> 00:20:47,840 Speaker 16: mind for New Zealand business sid. 453 00:20:47,480 --> 00:20:49,840 Speaker 2: Richard Donald, good morning, Good morning. So where do we 454 00:20:49,960 --> 00:20:51,840 Speaker 2: go here with these courts? Good question? 455 00:20:52,040 --> 00:20:55,600 Speaker 13: He Trump White House is reacting furiously after a trade 456 00:20:55,680 --> 00:20:59,000 Speaker 13: court initially blocked the Trump tariff. In a second court 457 00:20:59,040 --> 00:21:03,080 Speaker 13: short time ago, court just endorsed that ban. Trump's top adviser, 458 00:21:03,119 --> 00:21:05,920 Speaker 13: Steven Miller, is calling what is happening a judicial coup. 459 00:21:06,520 --> 00:21:08,720 Speaker 13: The first court in question is one a few people 460 00:21:09,080 --> 00:21:11,800 Speaker 13: who even heard of it, sat as a three judge 461 00:21:11,840 --> 00:21:14,280 Speaker 13: panel on the Court of International Trade. One of that 462 00:21:14,359 --> 00:21:17,760 Speaker 13: trio of judges was appointed by Trump and the others 463 00:21:17,800 --> 00:21:19,520 Speaker 13: by Reagan and Obama. 464 00:21:20,240 --> 00:21:21,120 Speaker 12: So there's the mix. 465 00:21:21,480 --> 00:21:23,720 Speaker 13: Now, the Trump team has gone ballistics, saying it should 466 00:21:23,720 --> 00:21:25,960 Speaker 13: not be left to unelected judges to decide how to 467 00:21:26,000 --> 00:21:28,879 Speaker 13: address a national emergency, in suggesting judges and members of 468 00:21:28,960 --> 00:21:33,240 Speaker 13: some deep state conspiracy. The judges produced a forty nine 469 00:21:33,320 --> 00:21:36,080 Speaker 13: page decision. By the way, now Trump intends to ask 470 00:21:36,119 --> 00:21:38,679 Speaker 13: that you were Supreme Court to pause this Trade Court's 471 00:21:38,720 --> 00:21:42,200 Speaker 13: tariff ban. Typically taris have to be approved by the 472 00:21:42,320 --> 00:21:46,000 Speaker 13: legislators in the Congress here, but the lawmakers shelved all 473 00:21:46,040 --> 00:21:48,680 Speaker 13: their responsibilities on that when Trump argued the trade deaf 474 00:21:48,680 --> 00:21:51,760 Speaker 13: as it was a national emergency, Liberation Day and all 475 00:21:51,800 --> 00:21:55,160 Speaker 13: of that, and that Trump as president should have complete control. Well, 476 00:21:55,160 --> 00:21:57,480 Speaker 13: as court now has said, what Trump did was exceeding 477 00:21:57,560 --> 00:22:01,720 Speaker 13: his authority was illegal. Financial markets are during the court ruling. 478 00:22:02,119 --> 00:22:03,800 Speaker 13: They don't much like the tariffs or all of the 479 00:22:04,480 --> 00:22:07,919 Speaker 13: economic confusion we've been seeing. This tariff court ruling affects 480 00:22:08,000 --> 00:22:11,280 Speaker 13: the swipping tariffs that Trump imposed on many countries last month. 481 00:22:11,480 --> 00:22:14,600 Speaker 13: Doesn't affect these specific industry tariffs like those on cars, 482 00:22:14,640 --> 00:22:17,439 Speaker 13: which remain in effect. The Trump team says they are 483 00:22:17,480 --> 00:22:20,120 Speaker 13: also looking in other ways to proceed, so the tariff game, 484 00:22:20,160 --> 00:22:22,600 Speaker 13: they suggest, is not done with yet. At the White House, 485 00:22:22,920 --> 00:22:25,960 Speaker 13: Trump was angered to hear from a question that some 486 00:22:26,240 --> 00:22:30,800 Speaker 13: on Wall Street are branding him as Taco Taco, meaning 487 00:22:30,880 --> 00:22:34,879 Speaker 13: they suggest Trump always chickens out, said Trump. 488 00:22:34,800 --> 00:22:37,000 Speaker 9: Oh, then checking out, I've never heard that. 489 00:22:37,240 --> 00:22:40,040 Speaker 13: You mean, because they reduced China from one hundred and 490 00:22:40,119 --> 00:22:42,560 Speaker 13: forty five percent of and you ask a nasty question 491 00:22:42,840 --> 00:22:46,719 Speaker 13: like that, it's called negotiation. Well, the Trade Court now 492 00:22:46,760 --> 00:22:49,000 Speaker 13: has given the White House ten days to issue new 493 00:22:49,240 --> 00:22:52,679 Speaker 13: orders reflecting their tariff ban, as Trump aids are slamming 494 00:22:52,720 --> 00:22:55,600 Speaker 13: the judges, and previously Trump has criticized other judges who 495 00:22:55,720 --> 00:22:59,240 Speaker 13: rule against him as crooked, radical and monsters. 496 00:22:59,760 --> 00:23:02,359 Speaker 2: Right, then we come to Musk, who's back at the 497 00:23:02,760 --> 00:23:05,080 Speaker 2: car yard, and so. 498 00:23:05,359 --> 00:23:05,840 Speaker 9: What did he do? 499 00:23:06,040 --> 00:23:06,760 Speaker 2: What happened there? 500 00:23:07,160 --> 00:23:09,280 Speaker 13: Yeah, it's been a long goodbye and it's a good question, 501 00:23:09,440 --> 00:23:12,040 Speaker 13: isn't it. Elon made an official late last night the 502 00:23:12,280 --> 00:23:14,959 Speaker 13: Washington exit after one of the most turbulent and sometimes 503 00:23:15,000 --> 00:23:18,680 Speaker 13: bizarre stints in the Capitol. He can firmed his departure 504 00:23:18,680 --> 00:23:21,440 Speaker 13: with a post on exits social media site late in 505 00:23:21,480 --> 00:23:25,639 Speaker 13: the night after the interview which he which he sampled yesterday, 506 00:23:25,640 --> 00:23:29,760 Speaker 13: where he criticized from Trump policies, including Trump's so called big, 507 00:23:29,960 --> 00:23:33,399 Speaker 13: beautiful budget plan, with Musk saying of. 508 00:23:33,840 --> 00:23:36,359 Speaker 1: That, I think a book can be big or it 509 00:23:36,400 --> 00:23:39,160 Speaker 1: can be beautiful, but I don't know if it could 510 00:23:39,160 --> 00:23:39,480 Speaker 1: be both. 511 00:23:39,520 --> 00:23:40,640 Speaker 2: I had to play that again. 512 00:23:40,680 --> 00:23:42,560 Speaker 13: It's tested to become a classic line I record. So 513 00:23:42,760 --> 00:23:46,400 Speaker 13: what's the assessment of the Musk and Doge minions team? 514 00:23:47,200 --> 00:23:49,920 Speaker 13: Trump aid Stephen Miller says, what Doge has done is quote, 515 00:23:49,960 --> 00:23:52,960 Speaker 13: among the most valuable services ever rendered to government? 516 00:23:53,080 --> 00:23:53,560 Speaker 9: End quote? 517 00:23:53,680 --> 00:23:53,840 Speaker 4: Is it? 518 00:23:54,720 --> 00:23:59,879 Speaker 13: Musk came in saying he would trim with budget chainsaws. 519 00:24:00,040 --> 00:24:03,399 Speaker 13: The ready two trillion dollars nine billion in cuts have 520 00:24:03,520 --> 00:24:05,280 Speaker 13: been forwarded to the Congress. Here a bit of a 521 00:24:05,359 --> 00:24:09,840 Speaker 13: gap nine billion, two trillion, says Kara Swisser, a tech 522 00:24:09,920 --> 00:24:12,359 Speaker 13: reporter who's known Elon Musk for many, many years. 523 00:24:12,680 --> 00:24:15,359 Speaker 17: I think he found a lot more difficulty in finding 524 00:24:15,440 --> 00:24:18,840 Speaker 17: real cuts and everything else. And I think they're only 525 00:24:19,080 --> 00:24:24,120 Speaker 17: sending nine billion dollars in Doge cuts to which is nothing. 526 00:24:24,200 --> 00:24:26,840 Speaker 17: It's a drop in the bucket, which means pretty much 527 00:24:26,920 --> 00:24:28,080 Speaker 17: his effort was a failure. 528 00:24:28,200 --> 00:24:31,040 Speaker 13: She argues that Mask's boss of the company style was 529 00:24:31,160 --> 00:24:31,840 Speaker 13: a big part. 530 00:24:31,680 --> 00:24:32,280 Speaker 9: Of the problem. 531 00:24:32,359 --> 00:24:34,800 Speaker 17: I think Elon thought, because the way he runs his 532 00:24:34,880 --> 00:24:37,439 Speaker 17: own companies, that he could just come in and trample everybody. 533 00:24:37,520 --> 00:24:38,960 Speaker 17: I think that was one of the problems. I think 534 00:24:39,000 --> 00:24:42,280 Speaker 17: he bullied cabinet members. I think he ran over things. 535 00:24:42,320 --> 00:24:44,000 Speaker 17: He took a lot of Lion's share of the attention 536 00:24:44,200 --> 00:24:47,720 Speaker 17: the whole chainsaw thing, and I think he did a 537 00:24:47,760 --> 00:24:49,840 Speaker 17: lot more showmanship than he did actual work. 538 00:24:50,240 --> 00:24:52,480 Speaker 13: So yeah, as you say, it's back to the cow 539 00:24:52,560 --> 00:24:54,159 Speaker 13: lot and the space ped have a. 540 00:24:54,160 --> 00:24:57,080 Speaker 2: Good long week Wednesday. Richard Donald steitside by the way, 541 00:24:57,400 --> 00:24:59,720 Speaker 2: the whole bond thing in America, you know, people freaking 542 00:24:59,720 --> 00:25:02,680 Speaker 2: out of America. There was a bond auction this week 543 00:25:02,840 --> 00:25:05,000 Speaker 2: in Japan. People are starting to freak out about Japan 544 00:25:05,080 --> 00:25:09,399 Speaker 2: because the forty year bonds were not particularly sold heavily 545 00:25:09,480 --> 00:25:13,359 Speaker 2: because the demand wasn't there. People with money, i e. Gold, 546 00:25:13,880 --> 00:25:16,840 Speaker 2: they're parking gold literally now in Singapore seems to be. 547 00:25:17,000 --> 00:25:18,720 Speaker 2: There's a place called the Reserve, which is a sixth 548 00:25:18,760 --> 00:25:22,040 Speaker 2: story building I'm reading about this week where you park 549 00:25:22,119 --> 00:25:23,960 Speaker 2: your gold and silver. They've got a billion and a 550 00:25:24,000 --> 00:25:26,880 Speaker 2: half coming in started the year, there's an eighty eight 551 00:25:27,119 --> 00:25:30,399 Speaker 2: percent increase in orders to store gold and silver. So 552 00:25:30,480 --> 00:25:34,000 Speaker 2: the world's on edge at the moment a little bit, Mike, 553 00:25:34,119 --> 00:25:36,200 Speaker 2: I'm sixty one, first home by a living the dream. 554 00:25:36,200 --> 00:25:37,960 Speaker 2: I'd love to know what your story is. Where were 555 00:25:38,160 --> 00:25:40,240 Speaker 2: you between zero and sixty one? What happened there? But 556 00:25:40,400 --> 00:25:42,960 Speaker 2: welcome to home ownership. You'll never regret it. Ten Away 557 00:25:42,960 --> 00:25:47,080 Speaker 2: from seven, the Make Costing Breakfast with Bailey's real estate 558 00:25:47,240 --> 00:25:49,280 Speaker 2: news dogs dead Bee. Shall we play a little game 559 00:25:49,320 --> 00:25:51,440 Speaker 2: of let's write the listener up? Just just a taste 560 00:25:51,680 --> 00:25:53,840 Speaker 2: to start for this morning. So I've got the stats 561 00:25:53,960 --> 00:25:58,000 Speaker 2: on on time departure arrivals for airlines regionally and the jets. 562 00:25:58,040 --> 00:25:59,639 Speaker 2: And this is the thing that's got you going over 563 00:25:59,680 --> 00:26:01,920 Speaker 2: the last couple of months. You remember we went to 564 00:26:01,960 --> 00:26:04,080 Speaker 2: the Ministry of Transport. They mucked us around for days 565 00:26:04,080 --> 00:26:06,160 Speaker 2: on end. They said, look, we're putting all these numbers together. 566 00:26:06,240 --> 00:26:09,840 Speaker 2: It will arrive. Well they've arrived. It's not what I 567 00:26:10,119 --> 00:26:12,320 Speaker 2: in the Mike Hosking scale of having your act together 568 00:26:12,400 --> 00:26:14,760 Speaker 2: and getting on with life. No, it's not fantastic, but 569 00:26:14,880 --> 00:26:16,840 Speaker 2: it's not as bad as you think. You tell me 570 00:26:16,920 --> 00:26:19,000 Speaker 2: it's a disaster every time you hop on a little 571 00:26:19,000 --> 00:26:22,840 Speaker 2: propeller plane from Auckland to Blenham or Wellington to Omoru, 572 00:26:22,960 --> 00:26:25,920 Speaker 2: you're going never takes off, it's always canceled. It's a disaster. 573 00:26:26,080 --> 00:26:30,040 Speaker 2: You're wrong, you are wrong, You are factually incorrect. Overall 574 00:26:30,760 --> 00:26:35,000 Speaker 2: domestic regional on time performance trends for all airlines eighty 575 00:26:35,040 --> 00:26:37,200 Speaker 2: one percent. Now, as I say in my world, eighty 576 00:26:37,200 --> 00:26:38,960 Speaker 2: percent is not good enough, but it's better than you 577 00:26:39,040 --> 00:26:41,920 Speaker 2: make it out to be. Air Chathams sixty seven, Well 578 00:26:41,960 --> 00:26:46,119 Speaker 2: they're a bit useless. Air New Zealand eighty percent. Eight 579 00:26:46,200 --> 00:26:48,160 Speaker 2: out of ten planes arrive and take off on time. 580 00:26:48,240 --> 00:26:52,480 Speaker 2: Barrier Air sixty three not good, Golden Air eighty one, 581 00:26:53,040 --> 00:26:56,520 Speaker 2: Origineer ninety two. Go originere they won't have many planes 582 00:26:56,560 --> 00:26:58,359 Speaker 2: many flights, of course, and that'll help them out. Sounds 583 00:26:58,359 --> 00:27:01,400 Speaker 2: the same story. Percent of plans take off and land 584 00:27:01,440 --> 00:27:03,399 Speaker 2: on time sunny and ninety eight percent. So the other 585 00:27:03,440 --> 00:27:05,040 Speaker 2: one to go with if you can find them. But 586 00:27:06,720 --> 00:27:09,720 Speaker 2: Auckland to Blenham eighty five percent of the time takes 587 00:27:09,760 --> 00:27:11,720 Speaker 2: off and lands on time. Eighty five percent of the time. 588 00:27:11,760 --> 00:27:15,440 Speaker 2: Auckland Gismond seventy six. Auckland Hawk's base seventy seven Auckland 589 00:27:15,480 --> 00:27:18,159 Speaker 2: and but Cargol ninety five percent. You're going to do 590 00:27:18,200 --> 00:27:21,200 Speaker 2: in Icago for the weekend. You'll get there. Kai Tire 591 00:27:21,440 --> 00:27:24,159 Speaker 2: not so good sixty five percent Kerrie Carey, See the 592 00:27:24,280 --> 00:27:26,800 Speaker 2: North seems to be the problem. Sixty eight The Tasman's crap, 593 00:27:27,440 --> 00:27:30,720 Speaker 2: absolute crap on the Tasman And that's everybody that's emirates 594 00:27:30,800 --> 00:27:34,000 Speaker 2: in New Zealand jetsty But regionally, which is what you 595 00:27:34,160 --> 00:27:37,800 Speaker 2: were interested in. Regionally, it doesn't appear to be the 596 00:27:38,000 --> 00:27:38,760 Speaker 2: end of the world. 597 00:27:38,880 --> 00:27:41,080 Speaker 18: Yeah, but there are stats and stats so at eighty 598 00:27:41,119 --> 00:27:43,280 Speaker 18: percent there aren't. Yeah, no, so that means one out 599 00:27:43,320 --> 00:27:47,240 Speaker 18: of every five times, right, So work with me here. 600 00:27:47,840 --> 00:27:50,080 Speaker 18: Most of the time you're doing a return trip. 601 00:27:50,080 --> 00:27:52,080 Speaker 2: Right, Oh you're gonna are you gonna do that? 602 00:27:52,160 --> 00:27:54,679 Speaker 12: That means that means every three trips you take. 603 00:27:54,840 --> 00:27:59,000 Speaker 2: No, because the stats are separated out and the numbers 604 00:27:59,000 --> 00:28:02,320 Speaker 2: are basically the same, so the odds remained. So don't 605 00:28:02,400 --> 00:28:05,520 Speaker 2: come at me with your mathematician game. Five minutes away 606 00:28:05,560 --> 00:28:06,200 Speaker 2: from seven. 607 00:28:07,400 --> 00:28:08,439 Speaker 9: Well, the ins and. 608 00:28:08,560 --> 00:28:12,239 Speaker 1: The outs, it's the fizz with business favor. Take your 609 00:28:12,320 --> 00:28:14,200 Speaker 1: business productivity to the next lift. 610 00:28:14,480 --> 00:28:16,399 Speaker 2: More on that later, By the way, EV Report this 611 00:28:16,480 --> 00:28:20,160 Speaker 2: morning from Coxa automotivate a BUK twenty four old, twenty 612 00:28:20,200 --> 00:28:22,280 Speaker 2: four month old car, two year old car on average. 613 00:28:22,280 --> 00:28:23,840 Speaker 2: How much did you sell it for? You sell it 614 00:28:23,920 --> 00:28:25,879 Speaker 2: for forty seven percent of what you pay for it. 615 00:28:25,960 --> 00:28:28,080 Speaker 2: You paid one hundred grand. I'll give you forty seven 616 00:28:28,280 --> 00:28:30,800 Speaker 2: thousand dollars after two years. Once upon a time, like 617 00:28:30,880 --> 00:28:33,000 Speaker 2: two years ago, it was eighty three percent. What's happened 618 00:28:33,400 --> 00:28:37,840 Speaker 2: rules quotas? Last year the quota for car manufacturers to 619 00:28:37,840 --> 00:28:39,560 Speaker 2: sell cars, you had to sell twenty two percent of 620 00:28:39,600 --> 00:28:42,280 Speaker 2: them as EV's. This year it's twenty eight, Next year 621 00:28:42,280 --> 00:28:44,640 Speaker 2: it's thirty three. Then it jumps to eighty percent by 622 00:28:44,680 --> 00:28:47,240 Speaker 2: twenty thirty. So what do you think happens? They panic 623 00:28:47,440 --> 00:28:48,880 Speaker 2: and they go, oh my god, how am I going 624 00:28:48,920 --> 00:28:50,920 Speaker 2: to sell eighty percent of EV's new Well, what I'll 625 00:28:50,960 --> 00:28:53,360 Speaker 2: do is I'll slash the price. I'll just slash the 626 00:28:53,400 --> 00:28:55,320 Speaker 2: price left, right and center. And when you slash the 627 00:28:55,360 --> 00:28:56,880 Speaker 2: price for a new car, what do you reckon? Happens 628 00:28:56,880 --> 00:28:59,920 Speaker 2: to the value of your old car? It tanks, suckers, 629 00:29:00,440 --> 00:29:03,320 Speaker 2: and so therefore you're not getting anything back. A trade 630 00:29:03,320 --> 00:29:07,240 Speaker 2: off between losses or punishment. So, as a manufacturer, if 631 00:29:07,280 --> 00:29:09,720 Speaker 2: you don't meet those targets. I mean you're losing money 632 00:29:09,760 --> 00:29:11,440 Speaker 2: on every new car you sell, of course, but if 633 00:29:11,480 --> 00:29:14,360 Speaker 2: you don't meet the targets, the EU will charge you 634 00:29:14,440 --> 00:29:17,480 Speaker 2: twenty seven thousand dollars for every car that you didn't 635 00:29:17,520 --> 00:29:19,960 Speaker 2: sell below the threshold. So do you lose money on 636 00:29:20,080 --> 00:29:22,360 Speaker 2: your new car or do you get fined by the EU? 637 00:29:22,800 --> 00:29:26,400 Speaker 2: That's how stupid the whole market is. Now. That is 638 00:29:26,480 --> 00:29:29,560 Speaker 2: before I get to BYD, who I've been reading about 639 00:29:29,560 --> 00:29:30,960 Speaker 2: in Europe, and this will be the same here because 640 00:29:31,000 --> 00:29:34,040 Speaker 2: BYD's here they got a car in Europe now that 641 00:29:34,280 --> 00:29:35,600 Speaker 2: I'm not going to tell you what the price. 642 00:29:35,480 --> 00:29:36,080 Speaker 9: Is, but you will. 643 00:29:36,480 --> 00:29:39,160 Speaker 2: I will tell you later, but you will not believe 644 00:29:39,560 --> 00:29:43,200 Speaker 2: what they're selling their cheapest new car for. And if 645 00:29:43,240 --> 00:29:46,080 Speaker 2: they continue to do that, jobs are going to be lost, 646 00:29:46,800 --> 00:29:49,680 Speaker 2: Companies are going to close, and the whole way we 647 00:29:49,840 --> 00:29:53,360 Speaker 2: see cars is going to change basically forever. So we'll 648 00:29:53,400 --> 00:29:56,160 Speaker 2: do that after seven o'clock, among many other things this 649 00:29:56,360 --> 00:29:58,560 Speaker 2: Friday morning on the My Costing Breakfast with the News. 650 00:29:58,520 --> 00:30:02,440 Speaker 1: Is next the only report you need to start your 651 00:30:02,560 --> 00:30:06,520 Speaker 1: day on My cost Breakfast with Bailey's Real Estate, your 652 00:30:06,600 --> 00:30:09,920 Speaker 1: local experts across residential, commercial and rural news. 653 00:30:10,000 --> 00:30:12,200 Speaker 2: Togs Head been seven past seven. So as we head 654 00:30:12,240 --> 00:30:14,320 Speaker 2: into another long weekend where any number of schools will 655 00:30:14,320 --> 00:30:16,160 Speaker 2: have had teacher only days this week and any number 656 00:30:16,160 --> 00:30:17,880 Speaker 2: of parents will take an extra day. The government is 657 00:30:17,920 --> 00:30:20,600 Speaker 2: cracking down on truancy, so the Ministry of Ed has 658 00:30:20,640 --> 00:30:23,120 Speaker 2: been given the directive to prosecute parents who let their 659 00:30:23,160 --> 00:30:25,440 Speaker 2: kids attend and suffer. So we've got about ten percent 660 00:30:25,560 --> 00:30:28,440 Speaker 2: of students who are absent for fifteen days or more 661 00:30:28,600 --> 00:30:29,600 Speaker 2: in a school term. 662 00:30:29,680 --> 00:30:29,760 Speaker 19: Now. 663 00:30:29,840 --> 00:30:32,160 Speaker 2: David Seymore is the Associate Minister of Education of course, 664 00:30:32,200 --> 00:30:35,000 Speaker 2: and is we this morning to you wedding make Are 665 00:30:35,040 --> 00:30:37,360 Speaker 2: the schools doing enough? Do you think or not? 666 00:30:39,320 --> 00:30:43,440 Speaker 20: It varies a lot around the country. I've since taken 667 00:30:43,520 --> 00:30:47,080 Speaker 20: on this job visited dozens of schools, and I've sat 668 00:30:47,200 --> 00:30:52,280 Speaker 20: down with groups of Deputy principles and attendance officers, youth aide, 669 00:30:52,400 --> 00:30:56,000 Speaker 20: police and local charities. And there are people that are 670 00:30:56,040 --> 00:30:59,680 Speaker 20: doing a great job. There are other schools where less 671 00:30:59,680 --> 00:31:03,080 Speaker 20: than of the children show up and it's just not 672 00:31:03,200 --> 00:31:05,720 Speaker 20: good enough. But on balance, I think most people and 673 00:31:05,800 --> 00:31:07,960 Speaker 20: most schools are actually trying to solve this problem. 674 00:31:08,160 --> 00:31:08,360 Speaker 9: Good. 675 00:31:08,480 --> 00:31:09,960 Speaker 2: What's a prosecution. 676 00:31:11,560 --> 00:31:13,920 Speaker 20: Well, Basically a school will go to the Ministry of 677 00:31:14,080 --> 00:31:17,000 Speaker 20: Education say look, we've got someone that they're not a 678 00:31:17,120 --> 00:31:20,560 Speaker 20: can't there or won't We've tried, we've gone out, we've 679 00:31:20,600 --> 00:31:23,600 Speaker 20: engaged with them, are basically giving us the middle finger 680 00:31:23,720 --> 00:31:25,920 Speaker 20: and saying education is not important and you've got no 681 00:31:26,080 --> 00:31:29,520 Speaker 20: right to demand that my kid enrolls and attends a school. 682 00:31:30,280 --> 00:31:33,360 Speaker 20: In that case, I've been told by the youth aide police, 683 00:31:33,440 --> 00:31:36,680 Speaker 20: by the attendance officers, by the deputy principals, we need 684 00:31:36,760 --> 00:31:39,320 Speaker 20: another sanction, another step we can take. At that point, 685 00:31:40,040 --> 00:31:42,280 Speaker 20: they will go to the Ministry of Education and say 686 00:31:42,440 --> 00:31:45,840 Speaker 20: this is a potential prosecution case. Ministry of Education will 687 00:31:45,880 --> 00:31:48,800 Speaker 20: weigh it up and if it stacks up, they'll take 688 00:31:48,840 --> 00:31:51,880 Speaker 20: a prosecution. Ultimately go before the courts. Now you can 689 00:31:52,560 --> 00:31:55,880 Speaker 20: find thirty bucks a day up to three hundred dollars 690 00:31:55,960 --> 00:31:58,959 Speaker 20: initially for a repeat offending. The fine on parents can 691 00:31:59,040 --> 00:31:59,880 Speaker 20: be three thousand dollars. 692 00:32:00,080 --> 00:32:02,040 Speaker 2: As much as I want this country to be a 693 00:32:02,080 --> 00:32:06,160 Speaker 2: better place than all aspects, it is taking a bunch 694 00:32:06,240 --> 00:32:08,560 Speaker 2: of losers to court who don't have any money anyway, 695 00:32:08,600 --> 00:32:12,120 Speaker 2: who won't pay their fine, really of any value. 696 00:32:13,760 --> 00:32:17,480 Speaker 20: Yeah, it is a value, and what you say police officer. 697 00:32:17,600 --> 00:32:20,680 Speaker 20: Remember very clearly told me in Parmeston, North if I've 698 00:32:20,800 --> 00:32:24,560 Speaker 20: got no sanctions to issue, then i can't do my job. 699 00:32:25,000 --> 00:32:28,760 Speaker 20: I actually need some teeth. It's also you talk about value, 700 00:32:28,840 --> 00:32:32,920 Speaker 20: it's about values as well. We find people for speeding 701 00:32:33,040 --> 00:32:36,560 Speaker 20: past a school gate, and so we should running over 702 00:32:36,680 --> 00:32:39,080 Speaker 20: children obviously something that we should put a lot of 703 00:32:39,080 --> 00:32:44,600 Speaker 20: effort into preventing. However, I would say that the denial 704 00:32:44,720 --> 00:32:48,840 Speaker 20: of a future to a child by not going to school, 705 00:32:48,880 --> 00:32:52,000 Speaker 20: getting knowledge from prior generations and being able to navigate 706 00:32:52,040 --> 00:32:55,200 Speaker 20: your life in the twenty first century, that is also 707 00:32:55,600 --> 00:33:00,480 Speaker 20: a serious crime against a child. And our system of 708 00:33:00,560 --> 00:33:03,600 Speaker 20: government and our set of choices about who we find 709 00:33:03,680 --> 00:33:06,840 Speaker 20: and what we do in terms of policy should prioritize 710 00:33:06,920 --> 00:33:07,360 Speaker 20: that as well. 711 00:33:07,600 --> 00:33:11,040 Speaker 2: Well. Articulated actually, David Seymour, the Associate Ministry of Education 712 00:33:11,160 --> 00:33:14,720 Speaker 2: and as of this weekend Deputy Prime Minister ten minutes 713 00:33:14,760 --> 00:33:18,000 Speaker 2: past sevens the whole world's going to change, a massive 714 00:33:18,080 --> 00:33:20,200 Speaker 2: change speaking, which is coming to the way we do 715 00:33:20,240 --> 00:33:21,920 Speaker 2: a whole bunch of stuff as part of a wider 716 00:33:22,080 --> 00:33:24,880 Speaker 2: Rima reform. Now the guidelines which I waited my way 717 00:33:24,960 --> 00:33:29,520 Speaker 2: through yesterday. God, it's complex. The guidelines deal with housing, mining, 718 00:33:29,560 --> 00:33:32,600 Speaker 2: and agriculture, the big ones for farmers being the removal 719 00:33:32,640 --> 00:33:35,160 Speaker 2: of restrictions on non invasive grazing and wetlands, removal of 720 00:33:35,280 --> 00:33:38,800 Speaker 2: land use capability. Basically, it's designed to make everything easier anyway. 721 00:33:38,840 --> 00:33:41,800 Speaker 2: Mark Hoop's the Federated Farmer's RAMA spokesperson. He's with us. 722 00:33:41,840 --> 00:33:45,880 Speaker 2: Mark morning, Good morning. If I gave you a spot 723 00:33:46,000 --> 00:33:49,840 Speaker 2: quiz here from questions I asked myself yesterday, one hundred questions. 724 00:33:49,880 --> 00:33:51,760 Speaker 2: How many reckon you get out of one hundred? 725 00:33:52,880 --> 00:33:54,080 Speaker 21: Pretty low? Pretty low. 726 00:33:54,240 --> 00:33:58,640 Speaker 2: It's like mind bogglingly complex and detail, doesn't it. 727 00:33:59,680 --> 00:34:03,640 Speaker 21: Although the irony here is, of course that the intention 728 00:34:03,880 --> 00:34:07,360 Speaker 21: is to make it less complex, less expensive, and more predictable. 729 00:34:08,280 --> 00:34:11,680 Speaker 21: So there is a lot to weighe through. There's a 730 00:34:11,719 --> 00:34:14,360 Speaker 21: lot to work out in there, but one hopes that 731 00:34:15,920 --> 00:34:18,480 Speaker 21: what they the intent here is very much to get 732 00:34:18,520 --> 00:34:19,240 Speaker 21: a better outcome. 733 00:34:19,400 --> 00:34:19,600 Speaker 9: Yeah. 734 00:34:19,719 --> 00:34:23,120 Speaker 2: I did get the overarching view that they're trying to 735 00:34:23,160 --> 00:34:25,960 Speaker 2: make things simpler and that what you had to once 736 00:34:26,000 --> 00:34:28,680 Speaker 2: supply for talk to someone about fill out some paperwork, 737 00:34:28,719 --> 00:34:31,080 Speaker 2: you can just go ahead and do. This's just what 738 00:34:31,160 --> 00:34:34,120 Speaker 2: I'm trying to say. There's a lot of this stuff changing, 739 00:34:34,280 --> 00:34:34,759 Speaker 2: isn't there. 740 00:34:35,560 --> 00:34:37,160 Speaker 21: There is a lot of this stuff changing. I think 741 00:34:37,280 --> 00:34:40,920 Speaker 21: I think it's probably in terms of understanding the bigger picture, 742 00:34:41,000 --> 00:34:44,759 Speaker 21: it's important to realize that this is another step in 743 00:34:44,880 --> 00:34:47,240 Speaker 21: a process that has been going on since the beginning 744 00:34:47,280 --> 00:34:50,640 Speaker 21: of this coalition government. You know, they repealed the Natural 745 00:34:50,680 --> 00:34:53,719 Speaker 21: Built Environment at from the previous government. They introduced the 746 00:34:53,800 --> 00:34:58,040 Speaker 21: fast Track legislation, they did RMA Amendment Bill one, RMA 747 00:34:58,080 --> 00:35:02,520 Speaker 21: Amendment Bill two. Still working on the rewrite of the 748 00:35:03,320 --> 00:35:07,919 Speaker 21: Resource Management Act, but that's not expected until next year. 749 00:35:08,520 --> 00:35:10,520 Speaker 21: And so in the meantime you have a whole lot 750 00:35:10,560 --> 00:35:15,680 Speaker 21: of secondary legislation in the form of national policy statements. 751 00:35:15,920 --> 00:35:20,120 Speaker 21: It's under that primary legislation, and at the moment it's 752 00:35:20,600 --> 00:35:24,000 Speaker 21: even more confusing because local authorities and things are not 753 00:35:24,120 --> 00:35:28,200 Speaker 21: sure where those national policy statements and things sit until 754 00:35:28,200 --> 00:35:31,279 Speaker 21: we've got the new legislation. So the intent of this 755 00:35:31,480 --> 00:35:36,400 Speaker 21: release is to help you hopefully provide is hopefully to 756 00:35:36,520 --> 00:35:40,200 Speaker 21: provide a little bit more guidance and certainty for local 757 00:35:40,280 --> 00:35:42,759 Speaker 21: authorities so that they can get on with some of 758 00:35:42,840 --> 00:35:46,040 Speaker 21: their planning responsibilities in the meantime where we're waiting for 759 00:35:46,160 --> 00:35:48,000 Speaker 21: that new Act to come through. 760 00:35:48,520 --> 00:35:50,880 Speaker 2: Broad A question for the weekend. Mark, how good is 761 00:35:50,960 --> 00:35:52,840 Speaker 2: being a farmer at the moment, whether you're in dairy 762 00:35:53,040 --> 00:35:55,400 Speaker 2: or beef or getting twenty percent off your tractor. I 763 00:35:55,480 --> 00:35:57,640 Speaker 2: mean you've got to be feeling good. 764 00:35:58,800 --> 00:36:04,080 Speaker 21: Yeah, yeah, no, absolutely, Positivities really increased. Obviously, Fonterra came 765 00:36:04,120 --> 00:36:06,799 Speaker 21: out with an announcement for next season, which is still 766 00:36:06,880 --> 00:36:12,120 Speaker 21: looking strong. Beef prices are still holding really well. You know, 767 00:36:12,239 --> 00:36:15,520 Speaker 21: most areas have kind of recovered from drought conditions, and 768 00:36:17,440 --> 00:36:21,120 Speaker 21: you know, the inflationary costs are under control a little bit. 769 00:36:21,200 --> 00:36:22,799 Speaker 21: And then yeah, as you say a little bit around 770 00:36:22,880 --> 00:36:25,680 Speaker 21: depreciation and stuff there, it's looking good for further investment. 771 00:36:25,760 --> 00:36:27,360 Speaker 2: Good to hear well, I mate, you have a good weekend. 772 00:36:27,360 --> 00:36:30,520 Speaker 2: Mark Hooper, who's the Federated Farmer's RIMA spokesperson, I would 773 00:36:30,520 --> 00:36:33,920 Speaker 2: suggest you read it and what I found funny yesterday 774 00:36:34,000 --> 00:36:36,600 Speaker 2: is there it's open to public consultation. I got no 775 00:36:36,719 --> 00:36:39,200 Speaker 2: idea who's going to read it all and be appraised 776 00:36:39,360 --> 00:36:41,360 Speaker 2: enough of what they're trying to do in terms of 777 00:36:41,440 --> 00:36:45,960 Speaker 2: detail to articulate and be knowledgeable enough to go in 778 00:36:46,120 --> 00:36:49,080 Speaker 2: there and go here's what I think, because man, it's complex. 779 00:36:49,360 --> 00:36:52,600 Speaker 2: Thirteen past Passy liked laughing out loud at your factory 780 00:36:52,680 --> 00:36:54,960 Speaker 2: in New Zealand. As I sit at Apu Airport after 781 00:36:55,040 --> 00:36:57,480 Speaker 2: my flight was canceled, this am twenty minutes for departure. 782 00:36:57,719 --> 00:36:59,879 Speaker 2: See that's where this has come from. And I'm glad 783 00:36:59,920 --> 00:37:02,760 Speaker 2: you raise that point in your world. It's like inflation 784 00:37:02,840 --> 00:37:04,680 Speaker 2: isn't when you see it from inflation number and gable 785 00:37:04,719 --> 00:37:06,480 Speaker 2: hold on my inflation is not like that. If you're 786 00:37:06,480 --> 00:37:08,600 Speaker 2: sitting at the airport and your plan has just been canceled, 787 00:37:08,880 --> 00:37:10,680 Speaker 2: there is no amount of data I can give you 788 00:37:10,800 --> 00:37:13,600 Speaker 2: to convince you otherwise. And that's the that's the theory 789 00:37:14,120 --> 00:37:17,800 Speaker 2: versus reality. Do the flight stats include cancelations? Good question, 790 00:37:18,560 --> 00:37:21,920 Speaker 2: Yes they do, and by and large the cancelation as 791 00:37:21,960 --> 00:37:25,120 Speaker 2: opposed to take off and landing, the cancelation numbers are 792 00:37:25,160 --> 00:37:29,120 Speaker 2: really low. They're about two percent, So that might infuriate 793 00:37:29,160 --> 00:37:29,600 Speaker 2: you some mond. 794 00:37:29,719 --> 00:37:32,920 Speaker 12: So it's not just you don't have infinite added into 795 00:37:33,360 --> 00:37:33,800 Speaker 12: nat en. 796 00:37:34,280 --> 00:37:37,799 Speaker 2: We are going to talk to Captain James Meagher after 797 00:37:37,840 --> 00:37:39,440 Speaker 2: seven thirty fourteen past. 798 00:37:40,680 --> 00:37:45,080 Speaker 1: The Like asking Breakfast Full Show podcast on iHeartRadio powered 799 00:37:45,120 --> 00:37:46,120 Speaker 1: by News Talks. 800 00:37:45,840 --> 00:37:48,920 Speaker 2: At b SO, Mike, why do you only have a 801 00:37:48,960 --> 00:37:52,400 Speaker 2: heavy in New Zealand? Cheerleaders on. We haven't need anyone 802 00:37:52,480 --> 00:37:55,840 Speaker 2: on you. Christ Chuch did nu Needin always canceled of 803 00:37:56,000 --> 00:37:58,279 Speaker 2: under twelve people, Christ juch to Dunedan. Let me just 804 00:37:58,320 --> 00:38:02,200 Speaker 2: look at the facts. Cancelation three percent, so ninety seven 805 00:38:02,239 --> 00:38:04,680 Speaker 2: percent of the time it goes. Now, I can't convince 806 00:38:04,719 --> 00:38:06,640 Speaker 2: you otherwise, but those are the facts. Now, speaking of 807 00:38:06,760 --> 00:38:10,800 Speaker 2: travel airport, Auckland Airport are into a major domestic upgrade 808 00:38:10,960 --> 00:38:13,080 Speaker 2: time I should give it to you seventeen past seven. 809 00:38:13,400 --> 00:38:15,840 Speaker 2: They're looking to unlock regional capacity. So there's going to 810 00:38:15,880 --> 00:38:18,960 Speaker 2: be four new regional aircraft parking spots right, some of 811 00:38:19,000 --> 00:38:21,040 Speaker 2: those could hold a jet if the jets get into 812 00:38:21,080 --> 00:38:21,759 Speaker 2: the regional routes. 813 00:38:21,760 --> 00:38:21,880 Speaker 9: Now. 814 00:38:21,920 --> 00:38:24,720 Speaker 2: Billy Moore is the chief executive at New Zealand Airport's 815 00:38:24,719 --> 00:38:27,080 Speaker 2: Association and is back. Well this Billy, very good morning 816 00:38:27,160 --> 00:38:27,320 Speaker 2: to you. 817 00:38:28,160 --> 00:38:28,640 Speaker 22: Good morning. 818 00:38:28,840 --> 00:38:30,759 Speaker 2: How much of a service any given service is the 819 00:38:30,840 --> 00:38:32,879 Speaker 2: parking space versus a demand for the seat? 820 00:38:34,560 --> 00:38:39,000 Speaker 22: Well, look, the airport has to build thirty years in advance, 821 00:38:39,080 --> 00:38:40,920 Speaker 22: or do its planning thirty years and advance. So what 822 00:38:41,080 --> 00:38:44,839 Speaker 22: the Aucland Airport is doing here is looking at population projections, 823 00:38:44,920 --> 00:38:48,800 Speaker 22: travel projections alongside the airlines working through that and seeing 824 00:38:48,880 --> 00:38:52,720 Speaker 22: what is an appropriate increase in capacity. Auckland, the airport 825 00:38:52,840 --> 00:38:56,680 Speaker 22: is essentially New Zealand's biggest regional airport. Forty percent of 826 00:38:56,719 --> 00:38:59,560 Speaker 22: regional flights go to and from the airport, so the 827 00:38:59,640 --> 00:39:03,120 Speaker 22: rest of network does rely on Auckland to increase its 828 00:39:03,800 --> 00:39:06,480 Speaker 22: capacity for turbo props, so the rest of the airports 829 00:39:06,560 --> 00:39:10,239 Speaker 22: can also receive and grow as well. So it is 830 00:39:10,280 --> 00:39:13,040 Speaker 22: a really welcome announcement. It feels like the right level 831 00:39:13,120 --> 00:39:15,400 Speaker 22: of investment through to twenty twenty eight. 832 00:39:15,600 --> 00:39:19,160 Speaker 2: You use the word turboprops, Are we are honestly going 833 00:39:19,200 --> 00:39:21,200 Speaker 2: to be still in turbo props in thirty years time. 834 00:39:22,440 --> 00:39:24,600 Speaker 22: Well, we're certainly going to be in turbo props for 835 00:39:25,320 --> 00:39:28,880 Speaker 22: decades to come. Absolutely, So I would say in New 836 00:39:28,960 --> 00:39:31,960 Speaker 22: Zealand will be using the Q three hundreds for you know, 837 00:39:32,960 --> 00:39:37,160 Speaker 22: through to twenty thirty five, twenty forty potentially. These are 838 00:39:37,239 --> 00:39:40,680 Speaker 22: really good, reliable aircraft and there's really no debate about 839 00:39:40,680 --> 00:39:43,759 Speaker 22: that in the aviation sector, and there's the right size 840 00:39:43,760 --> 00:39:46,160 Speaker 22: of aircraft for many regional routes. So one of the 841 00:39:46,239 --> 00:39:48,160 Speaker 22: things we often have to balance is people do like 842 00:39:48,239 --> 00:39:51,160 Speaker 22: to travel on jets, but also turboprops. Mean they can 843 00:39:51,239 --> 00:39:55,359 Speaker 22: have more frequency for business travel and more flights during 844 00:39:55,400 --> 00:39:57,520 Speaker 22: the day, so it is still a really core part 845 00:39:57,680 --> 00:39:59,080 Speaker 22: of travel and regional New Zealand. 846 00:39:59,360 --> 00:40:01,120 Speaker 2: They clip the two at the Auckland Airport. I mean 847 00:40:01,160 --> 00:40:02,640 Speaker 2: this is good for them as well, doesn't The more 848 00:40:02,680 --> 00:40:06,640 Speaker 2: people arriving, the more landing fees there are, et cetera, which. 849 00:40:06,520 --> 00:40:09,080 Speaker 22: Is a really important part of the system. Airports are 850 00:40:09,120 --> 00:40:13,280 Speaker 22: incy device to have growth. Airlines are able to increase 851 00:40:13,400 --> 00:40:16,680 Speaker 22: fears for yields, but airports are inty device to grow volume, 852 00:40:17,480 --> 00:40:20,040 Speaker 22: and so that is an important part of making the 853 00:40:20,160 --> 00:40:24,080 Speaker 22: system work because more capacity means that airfares can go 854 00:40:24,280 --> 00:40:28,160 Speaker 22: down with more competition and more flights coming in. So yes, 855 00:40:28,239 --> 00:40:31,239 Speaker 22: they obviously do. Landing charges are an important part of 856 00:40:31,280 --> 00:40:33,879 Speaker 22: the system, but it's already part of their capital plan. 857 00:40:34,000 --> 00:40:36,160 Speaker 22: I think the leanding charges for these regional flights are 858 00:40:36,160 --> 00:40:39,000 Speaker 22: going up a dollar in twenty twenty seven, so it's 859 00:40:39,360 --> 00:40:41,160 Speaker 22: all pretty good on track at the moment. 860 00:40:41,239 --> 00:40:42,960 Speaker 2: Good stuff, Billy, Yeah, but good week. I appreciate it 861 00:40:43,040 --> 00:40:45,040 Speaker 2: very much, Billy Moore. And might I suggest if you've 862 00:40:45,080 --> 00:40:47,960 Speaker 2: ever been to Auckland Airport at that end of the terminal, 863 00:40:48,040 --> 00:40:50,440 Speaker 2: it really is I mean, not only do you get 864 00:40:50,480 --> 00:40:52,440 Speaker 2: to go outside in the wind and the rain and 865 00:40:52,480 --> 00:40:55,799 Speaker 2: get really wet and you watch your luggage pulled by 866 00:40:55,880 --> 00:40:58,279 Speaker 2: some poor bloke in a trolley, you then get to 867 00:40:58,360 --> 00:41:04,200 Speaker 2: go on a crappy old aircraft to go. But then 868 00:41:04,239 --> 00:41:06,440 Speaker 2: I'm a snob. Let's mark the weekend of Mine at 869 00:41:06,440 --> 00:41:07,200 Speaker 2: seven twenty. 870 00:41:09,120 --> 00:41:13,759 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio, How 871 00:41:13,840 --> 00:41:15,359 Speaker 1: of My News Talk Zippy. 872 00:41:17,239 --> 00:41:17,359 Speaker 9: Now. 873 00:41:17,400 --> 00:41:20,239 Speaker 2: Over the last few years, Hollywood's undergone this huge transformation, 874 00:41:20,760 --> 00:41:24,799 Speaker 2: as you well aware. But Tom Cruise has just kept 875 00:41:24,840 --> 00:41:27,240 Speaker 2: on keeping on and he's back now. Ethan Hunt final 876 00:41:27,320 --> 00:41:30,839 Speaker 2: film Mission Impossible, Well, it's called the Final Reckoning. It's 877 00:41:30,920 --> 00:41:32,719 Speaker 2: the last one in the franchise, so soak it up 878 00:41:32,719 --> 00:41:35,600 Speaker 2: while you can. Directed by Christopher mcquarie, film brings all 879 00:41:35,640 --> 00:41:38,160 Speaker 2: the dynamic action that you've learned from Mission Impossible franchise 880 00:41:38,200 --> 00:41:39,560 Speaker 2: for the past that he is. Can you believe it's 881 00:41:39,600 --> 00:41:42,600 Speaker 2: been going for three decades? Mission Impossible? The Final Reckoning 882 00:41:42,800 --> 00:41:44,520 Speaker 2: is not hitting the brakes on the action. If you've 883 00:41:44,520 --> 00:41:48,319 Speaker 2: seen the promos, it's brilliant. Angeloba sets back Simon peg 884 00:41:48,480 --> 00:41:51,400 Speaker 2: haileyat Well along with Crue's film is jam packed with 885 00:41:51,520 --> 00:41:55,359 Speaker 2: exhilarating sequences, thrilling drama, all wrapped up in an explosive 886 00:41:55,719 --> 00:41:59,640 Speaker 2: spectacle that demonstrates exceptional Hollywood filmmaking at its finest. Make 887 00:41:59,680 --> 00:42:02,080 Speaker 2: sure you check it out. Maybe this long weekend mission impossible, 888 00:42:02,400 --> 00:42:05,600 Speaker 2: the final reckoning in cinemas. Now it's rated DMC. You 889 00:42:05,640 --> 00:42:09,400 Speaker 2: can take just about everybody. Get your ticks now. Hosky 890 00:42:09,560 --> 00:42:11,319 Speaker 2: given twenty four time now to marke the week. Little 891 00:42:11,320 --> 00:42:14,120 Speaker 2: piece of news and current events that's more impactful than 892 00:42:14,160 --> 00:42:16,239 Speaker 2: an air New Zealand Triple seven smacking into the side 893 00:42:16,239 --> 00:42:22,040 Speaker 2: of aneebridge Fontierra nine. It is literally raining money, record 894 00:42:22,120 --> 00:42:25,640 Speaker 2: farm gate record profits starting at ten bucks for next year. 895 00:42:25,760 --> 00:42:28,400 Speaker 2: Go buy a ute port of Auckland two. I mean 896 00:42:28,440 --> 00:42:31,640 Speaker 2: everything that's wrong with New Zealand putting prices up because 897 00:42:31,680 --> 00:42:35,920 Speaker 2: you can wyuku three wata everything that's wrong with New Zealand. 898 00:42:35,920 --> 00:42:39,160 Speaker 2: Four hundred k for a raised crossing. It's fascical. I'll 899 00:42:39,200 --> 00:42:43,319 Speaker 2: come back to that red meat eight April months along 900 00:42:43,360 --> 00:42:45,720 Speaker 2: with the dairy numbers. Keep this little country ticking. Auckland 901 00:42:45,800 --> 00:42:50,000 Speaker 2: FC seven falling when they did took the shine off, 902 00:42:50,520 --> 00:42:52,120 Speaker 2: but up until then there was a lot of shine 903 00:42:52,160 --> 00:42:54,720 Speaker 2: to enjoy. So that's the upside of that equation. Liam 904 00:42:55,239 --> 00:42:59,160 Speaker 2: seven points at last, plenty of season to go. Of course, 905 00:42:59,200 --> 00:43:01,120 Speaker 2: you get the sense things are happening for him. Spain 906 00:43:01,200 --> 00:43:04,760 Speaker 2: this weekend new consenting rule seven. See this is seven. 907 00:43:04,960 --> 00:43:07,520 Speaker 2: This is what we need. More of, less counsel, more 908 00:43:07,600 --> 00:43:10,560 Speaker 2: private sector, faster decisions. Let's get on with it. Trump four, 909 00:43:10,680 --> 00:43:12,600 Speaker 2: don't ever say what you said. 910 00:43:12,680 --> 00:43:14,040 Speaker 9: That's a nasty question. 911 00:43:14,000 --> 00:43:16,160 Speaker 2: Till who looks roping you by the day, the mean dinner, 912 00:43:16,280 --> 00:43:19,200 Speaker 2: the court blockade of tariffs, the ceasefires that haven't happened. 913 00:43:19,200 --> 00:43:21,440 Speaker 2: It looks rambling, ill disciplined, and then saying, oh, that's 914 00:43:21,440 --> 00:43:24,200 Speaker 2: before I get to Harvard Tourism six, Well, at least 915 00:43:24,239 --> 00:43:25,920 Speaker 2: the great walks. I mean a couple sold out in 916 00:43:26,040 --> 00:43:27,920 Speaker 2: half an hour this week. That's demand, doesn't it. And 917 00:43:28,080 --> 00:43:30,680 Speaker 2: a reminder that chunks of this country truly are world 918 00:43:30,719 --> 00:43:33,839 Speaker 2: class coffee for in ten bucks a cup and El 919 00:43:33,920 --> 00:43:37,560 Speaker 2: Brown's selling filter. I mean it's not right. Maryland wearing four. 920 00:43:37,920 --> 00:43:40,200 Speaker 2: I mean, I call it the Clarkification of New Zealand. 921 00:43:40,440 --> 00:43:44,359 Speaker 2: Do your thing fine, but when you retire, retire Russell eight. 922 00:43:45,120 --> 00:43:47,839 Speaker 2: The National Geographic Board couldn't decide, so the Minister did 923 00:43:47,880 --> 00:43:51,439 Speaker 2: the place is called Russell. It's a win for common sense. 924 00:43:51,640 --> 00:43:52,960 Speaker 2: Clarkson's farm hate is. 925 00:43:52,960 --> 00:43:53,480 Speaker 1: That right. 926 00:43:55,200 --> 00:43:57,600 Speaker 2: Between the production values, the humor of the hardship, the 927 00:43:57,640 --> 00:43:59,719 Speaker 2: story arc. It is what great TV should be. And 928 00:43:59,760 --> 00:44:01,400 Speaker 2: some still as if you haven't caught up with it, 929 00:44:01,480 --> 00:44:06,479 Speaker 2: watch it this weekend Radio New Zealand. For all that money, 930 00:44:07,440 --> 00:44:09,480 Speaker 2: for all those listeners to wander off to places like 931 00:44:09,560 --> 00:44:12,160 Speaker 2: the Mike asking breakfast, what's worse value a public radio 932 00:44:12,280 --> 00:44:13,880 Speaker 2: that you don't want all the way who crossing you 933 00:44:13,920 --> 00:44:16,200 Speaker 2: can't afford? That's the week copies on the website and 934 00:44:16,360 --> 00:44:18,400 Speaker 2: thirty two of these, by the way, have been specially 935 00:44:18,440 --> 00:44:20,920 Speaker 2: cut out and shaped and turned into address for Nicola 936 00:44:21,040 --> 00:44:26,400 Speaker 2: next budget day pasking turbo props take less runway for 937 00:44:26,520 --> 00:44:28,680 Speaker 2: taking off and landing. That's why regional airports need the 938 00:44:28,680 --> 00:44:30,160 Speaker 2: moments are talking about that, I mean, I get that 939 00:44:30,239 --> 00:44:31,400 Speaker 2: part off. You're going to a tiny part of the 940 00:44:31,400 --> 00:44:33,600 Speaker 2: New Zealand course, I'm talking Wellington to christ Church. You 941 00:44:34,200 --> 00:44:37,080 Speaker 2: can get on a turbo props from Wellington to christ Church. 942 00:44:37,440 --> 00:44:41,480 Speaker 2: That's ridiculous. There is some plane from the now. Let 943 00:44:41,560 --> 00:44:44,880 Speaker 2: me have a look from the Corporate Communications Department of 944 00:44:44,880 --> 00:44:52,719 Speaker 2: Auckland Transport, Blake Creighton Brown writes to me. He doesn't 945 00:44:52,719 --> 00:44:55,839 Speaker 2: write to me, wrote to the Herald complaining, ummm, he's 946 00:44:55,880 --> 00:44:58,600 Speaker 2: claiming at sixty five thousand dollars not four hundred thousand 947 00:44:58,640 --> 00:45:00,920 Speaker 2: dollars for a raised crossing, and we need to put 948 00:45:00,960 --> 00:45:03,239 Speaker 2: that figure across. Can you please give me a call 949 00:45:03,360 --> 00:45:06,840 Speaker 2: to discuss asap. I don't think we did, but I 950 00:45:06,960 --> 00:45:09,480 Speaker 2: did that. So if it's sixty five, that's better. It's 951 00:45:09,480 --> 00:45:11,719 Speaker 2: still far too expensive. As Luxon and I said we 952 00:45:11,760 --> 00:45:13,680 Speaker 2: could do a working bee over the weekend. We'll charge 953 00:45:13,680 --> 00:45:16,839 Speaker 2: a twenty five grand, saving money all over the place. 954 00:45:16,880 --> 00:45:20,720 Speaker 2: On the mic Hosking Breakfast. Now we'll go to James Meager. James, 955 00:45:21,360 --> 00:45:24,680 Speaker 2: have I got some ideas for domestic regional air traveled 956 00:45:24,719 --> 00:45:27,160 Speaker 2: in this country? Mega? As well as after the News, 957 00:45:27,239 --> 00:45:27,879 Speaker 2: which is next. 958 00:45:29,680 --> 00:45:33,680 Speaker 1: New Zealand's Voice of Reason is Mike the mic Hosking 959 00:45:33,719 --> 00:45:38,120 Speaker 1: Breakfast with a Veta, Retirement, Communities, Life Your Way, News, 960 00:45:38,200 --> 00:45:39,680 Speaker 1: TOGSADB I carry up for. 961 00:45:39,840 --> 00:45:42,160 Speaker 2: Twenty three to eight. At last, we have these numbers 962 00:45:42,200 --> 00:45:44,800 Speaker 2: that we so often talk about, as I've been alluding 963 00:45:44,840 --> 00:45:46,720 Speaker 2: to this morning, when it comes to playing around the country. 964 00:45:46,760 --> 00:45:50,240 Speaker 2: Now this is the Ministry of Transport Aviation Flight Times 965 00:45:50,280 --> 00:45:53,520 Speaker 2: and Productivity Report. Now these are stats for April. They 966 00:45:53,600 --> 00:45:56,000 Speaker 2: show Air New Zealand at just over sixty percent for example, 967 00:45:56,040 --> 00:45:59,719 Speaker 2: on time departures for the trans Tasmin. That's a disaster. Domestically, 968 00:45:59,760 --> 00:46:03,719 Speaker 2: the jets Star seventy five percent. James meag Is, the 969 00:46:03,719 --> 00:46:06,520 Speaker 2: Associate Minister of transportant is with us. Good morning, morning Mike. 970 00:46:06,760 --> 00:46:08,759 Speaker 2: Are these numbers acceptable or not? 971 00:46:10,120 --> 00:46:12,120 Speaker 19: Well? I think they are a snapshot in time. I 972 00:46:12,239 --> 00:46:15,080 Speaker 19: think for the regions they aren't acceptable in terms of 973 00:46:15,160 --> 00:46:17,960 Speaker 19: some of those really high cancelation rates. So at least 974 00:46:18,000 --> 00:46:21,120 Speaker 19: it gives us some transparency about what's happening and can 975 00:46:21,200 --> 00:46:23,200 Speaker 19: focus on some of those regions that are really really 976 00:46:23,200 --> 00:46:24,440 Speaker 19: suffering from poor performance. 977 00:46:24,560 --> 00:46:26,879 Speaker 2: When you talk about cancelation rates, what do you refer 978 00:46:26,960 --> 00:46:29,440 Speaker 2: to specifically? I'm looking broadly speaking. There's a couple of 979 00:46:29,600 --> 00:46:32,840 Speaker 2: randoms in there. Northland seems to be a problem for 980 00:46:32,920 --> 00:46:35,359 Speaker 2: the New Zealand. Some of your great Barrier airlines seem 981 00:46:35,400 --> 00:46:38,040 Speaker 2: to have troubles. But generally the cancelation rates around two 982 00:46:38,080 --> 00:46:39,719 Speaker 2: or three percent, which I wouldn't thoughts the end of 983 00:46:39,719 --> 00:46:40,200 Speaker 2: the world, is it. 984 00:46:41,040 --> 00:46:41,239 Speaker 9: Yeah? 985 00:46:41,280 --> 00:46:43,640 Speaker 19: I think around the national average is about five point two, 986 00:46:43,719 --> 00:46:45,240 Speaker 19: So you've got to bear in mind for this report, 987 00:46:45,280 --> 00:46:47,120 Speaker 19: it's a snapshot in time for eight pots, so it 988 00:46:47,200 --> 00:46:50,920 Speaker 19: takes into account cyclone, tam and easter. So your Northland 989 00:46:51,160 --> 00:46:53,200 Speaker 19: top of the North routes are going to be higher 990 00:46:53,280 --> 00:46:55,160 Speaker 19: this month. What we're going to need to look at 991 00:46:55,320 --> 00:46:57,520 Speaker 19: is the trend over the next few months to see 992 00:46:57,560 --> 00:46:59,719 Speaker 19: where it all settles out, and I'd be looking for 993 00:47:00,000 --> 00:47:03,320 Speaker 19: improvement over time. That's the point for of how heavy metropols. 994 00:47:03,360 --> 00:47:06,360 Speaker 2: Okay, so this is low tide in your view as 995 00:47:06,400 --> 00:47:07,440 Speaker 2: far as you're concerned or not. 996 00:47:08,760 --> 00:47:11,439 Speaker 19: I would hope that for those northern regions that's about 997 00:47:11,480 --> 00:47:13,839 Speaker 19: as highs against for some continent weather events. But if 998 00:47:13,880 --> 00:47:18,040 Speaker 19: you look at places like Topora and Timoru and Okoteka, 999 00:47:18,480 --> 00:47:20,160 Speaker 19: they are higher than average, and they've been high for 1000 00:47:20,239 --> 00:47:22,000 Speaker 19: quite a while and they weren't as affected by that 1001 00:47:22,080 --> 00:47:24,080 Speaker 19: weather event. So we want to make sure that airlines 1002 00:47:24,160 --> 00:47:26,120 Speaker 19: keep focused on those routes and make sure they improve 1003 00:47:26,160 --> 00:47:26,720 Speaker 19: their performance. 1004 00:47:27,120 --> 00:47:28,520 Speaker 2: It's easy to do this, and I know it is 1005 00:47:28,560 --> 00:47:30,120 Speaker 2: a snapshot in time, and I've read it and I've 1006 00:47:30,120 --> 00:47:32,040 Speaker 2: looked through all the numbers, and you can fascinate yourself 1007 00:47:32,080 --> 00:47:34,360 Speaker 2: till you're blue in the face. I would like to 1008 00:47:34,440 --> 00:47:37,240 Speaker 2: see it higher, of course I would, but at about 1009 00:47:37,480 --> 00:47:42,000 Speaker 2: eighty ish percent overall to take off in land, it 1010 00:47:42,200 --> 00:47:43,040 Speaker 2: isn't bad, is it. 1011 00:47:44,120 --> 00:47:45,960 Speaker 19: I think in terms of delay it's not bad. But 1012 00:47:46,080 --> 00:47:48,320 Speaker 19: when you look at some of the high rates of 1013 00:47:48,400 --> 00:47:51,560 Speaker 19: cancelations for the regions, that really impacts people who are 1014 00:47:51,600 --> 00:47:54,399 Speaker 19: needing to travel in the regions for work, particularly because 1015 00:47:54,400 --> 00:47:58,800 Speaker 19: they're already geographically isolated. So yeah, I think on generally 1016 00:47:58,880 --> 00:48:01,080 Speaker 19: airlines do a relative a good job, but when it 1017 00:48:01,239 --> 00:48:03,799 Speaker 19: comes to serving the regions, we've really got to make 1018 00:48:03,840 --> 00:48:05,799 Speaker 19: sure we focus on those high rates and at least 1019 00:48:05,840 --> 00:48:07,560 Speaker 19: get them down to where everyone else is performance. 1020 00:48:07,680 --> 00:48:09,040 Speaker 2: Okay, So what are you going to do about it, 1021 00:48:09,120 --> 00:48:10,600 Speaker 2: if anything, apart from jaw boneit. 1022 00:48:11,640 --> 00:48:14,120 Speaker 19: Well, I think it's good to have the data to 1023 00:48:14,200 --> 00:48:16,239 Speaker 19: actually prove the point that some of those regions are 1024 00:48:16,320 --> 00:48:19,080 Speaker 19: finding it tough. Government can do a few things that 1025 00:48:19,120 --> 00:48:21,560 Speaker 19: can look at what it's doing to invest in airline 1026 00:48:21,680 --> 00:48:24,920 Speaker 19: and airport infrastructure to reduce the costs on airlines to 1027 00:48:24,960 --> 00:48:26,920 Speaker 19: make it easier for them to travel. We're always going 1028 00:48:26,960 --> 00:48:28,960 Speaker 19: to be affected by weather, but there are some things 1029 00:48:29,000 --> 00:48:32,120 Speaker 19: around workforce development, access to pilots, access to engineers that 1030 00:48:32,239 --> 00:48:35,520 Speaker 19: the government can do for workforce development, and also access 1031 00:48:35,600 --> 00:48:39,440 Speaker 19: to capital to help with purchase of parts and new 1032 00:48:39,520 --> 00:48:41,080 Speaker 19: planes and the global shortages there. 1033 00:48:41,239 --> 00:48:41,439 Speaker 9: See. 1034 00:48:41,480 --> 00:48:43,680 Speaker 2: One of the interesting things was when I started looking 1035 00:48:43,719 --> 00:48:46,280 Speaker 2: into this regionally, everyone going, nah, don't do the jets 1036 00:48:46,320 --> 00:48:49,440 Speaker 2: service because that's easy. The regionals are the problem. And 1037 00:48:49,560 --> 00:48:52,040 Speaker 2: yet if you look at the Tasman what a what 1038 00:48:52,200 --> 00:48:55,279 Speaker 2: an absolute shit show that is, and you've got nothing 1039 00:48:55,360 --> 00:48:56,840 Speaker 2: but jets and no one does it properly. 1040 00:48:58,200 --> 00:48:59,800 Speaker 19: Yeah, again, I think you've got to look at that 1041 00:49:00,360 --> 00:49:03,080 Speaker 19: over time. For the jets, we dearth data transpatesment going 1042 00:49:03,120 --> 00:49:04,879 Speaker 19: back a few months and it shows that it sort 1043 00:49:04,880 --> 00:49:07,480 Speaker 19: of bounces up around about the eighty percent all the time. 1044 00:49:08,360 --> 00:49:10,359 Speaker 19: I think for April and the jets. You've also got 1045 00:49:10,400 --> 00:49:12,400 Speaker 19: to look at some of the weather events over in Australia, 1046 00:49:12,440 --> 00:49:13,840 Speaker 19: so there wasn't going to take this time around. But 1047 00:49:13,960 --> 00:49:16,360 Speaker 19: you're right. I mean, cancelation rates are always going to 1048 00:49:16,480 --> 00:49:19,640 Speaker 19: jump up around and there's probably no internationally accepted standard. 1049 00:49:19,719 --> 00:49:22,400 Speaker 19: But if you look at overall for the likes of 1050 00:49:22,440 --> 00:49:25,480 Speaker 19: your domestic jets, that's around about point eight percent cancelation. 1051 00:49:25,760 --> 00:49:27,919 Speaker 19: If you look at domestic routes, it's about five point 1052 00:49:27,920 --> 00:49:28,400 Speaker 19: two percent. 1053 00:49:28,520 --> 00:49:32,440 Speaker 2: So what we're coming up with, and see Jesus Heavens 1054 00:49:32,440 --> 00:49:34,279 Speaker 2: for videm and apologies with the airlines, but I mean 1055 00:49:34,320 --> 00:49:36,439 Speaker 2: what you're coming up with, you've just given yourself away 1056 00:49:36,480 --> 00:49:38,160 Speaker 2: to a degree. Yeah, we've got a bit of weather there, 1057 00:49:38,200 --> 00:49:39,719 Speaker 2: and then we had a storm there, and then we 1058 00:49:39,800 --> 00:49:41,480 Speaker 2: had a strike there. And I mean what you're going 1059 00:49:41,560 --> 00:49:45,080 Speaker 2: to find over time is there's always something somewhere and 1060 00:49:45,200 --> 00:49:46,920 Speaker 2: that's going to skew the figures, isn't it. 1061 00:49:48,080 --> 00:49:50,400 Speaker 19: Yeah, on one off occasions it will. But if I 1062 00:49:50,520 --> 00:49:52,560 Speaker 19: want to look at making sure those trends over time 1063 00:49:52,640 --> 00:49:55,160 Speaker 19: are going downwards and that airlines are focusing on the 1064 00:49:55,239 --> 00:49:57,279 Speaker 19: areas that are causing issues for travelers, Like if you 1065 00:49:57,360 --> 00:50:03,000 Speaker 19: look at twenty percent cancelation rates for tire, they're probably 1066 00:50:03,080 --> 00:50:04,279 Speaker 19: too high to be acceptable. 1067 00:50:05,840 --> 00:50:07,960 Speaker 2: James, can I be honest? I mean, fitty younger, I 1068 00:50:08,040 --> 00:50:11,800 Speaker 2: mean honestly, fitty younger if you drive. I mean, for 1069 00:50:11,880 --> 00:50:14,560 Speaker 2: goodness sake, it's like, what do you expect in a 1070 00:50:14,600 --> 00:50:17,719 Speaker 2: third world country which we are these days? Sadly, do 1071 00:50:17,840 --> 00:50:20,600 Speaker 2: you honestly expect to hop on a seven three seven 1072 00:50:20,680 --> 00:50:22,560 Speaker 2: to fit a younger and take off on time and 1073 00:50:22,680 --> 00:50:23,840 Speaker 2: be served a cocktail. 1074 00:50:24,760 --> 00:50:26,840 Speaker 19: No, and I don't think anyone does. And look younger. 1075 00:50:27,080 --> 00:50:29,719 Speaker 19: There's about eighty flights a month. They't think in and 1076 00:50:29,800 --> 00:50:31,800 Speaker 19: out of there. So I think people don't expect that. 1077 00:50:32,120 --> 00:50:34,480 Speaker 19: What they do expect is to have some reasonable form 1078 00:50:34,520 --> 00:50:36,960 Speaker 19: of connectivity so you aren't spending a different amount of 1079 00:50:37,000 --> 00:50:39,480 Speaker 19: times in the car to get places. And like the 1080 00:50:39,520 --> 00:50:43,560 Speaker 19: West Coast, Fittanger, Farnorth, yep, they are geographically isolated and 1081 00:50:43,600 --> 00:50:45,400 Speaker 19: it's harder to get around, but we can do some 1082 00:50:45,520 --> 00:50:48,160 Speaker 19: stuff to support those regions. It's important to support our regions. 1083 00:50:48,200 --> 00:50:51,160 Speaker 2: Of course, it is what is the James Meager scale 1084 00:50:51,320 --> 00:50:53,680 Speaker 2: of acceptability for regional New Zealand. 1085 00:50:54,800 --> 00:50:56,839 Speaker 19: I think if you look at the national average being 1086 00:50:56,920 --> 00:50:59,320 Speaker 19: five percent, I would hope that most regions would like 1087 00:50:59,400 --> 00:51:02,000 Speaker 19: to think that they doing no worse than the national average. 1088 00:51:02,040 --> 00:51:03,839 Speaker 19: And of course it's hard because averages, you know half 1089 00:51:03,840 --> 00:51:05,680 Speaker 19: the people are always going to be above that. But 1090 00:51:05,800 --> 00:51:08,960 Speaker 19: I think over time, if you're talking about Hokatika, Rode 1091 00:51:09,120 --> 00:51:11,319 Speaker 19: or Timmorary, places like that, if you pour them down 1092 00:51:11,360 --> 00:51:13,560 Speaker 19: from the ten to sevens into the fives and fours, 1093 00:51:13,760 --> 00:51:14,640 Speaker 19: I think that's improvement. 1094 00:51:14,840 --> 00:51:17,160 Speaker 2: Okay, we haven't had a chance to talk since you 1095 00:51:17,239 --> 00:51:21,280 Speaker 2: had your extraordinary thought bubble on reorganizing the domestic airline 1096 00:51:21,320 --> 00:51:23,640 Speaker 2: service in this country with government help. How far have 1097 00:51:23,760 --> 00:51:25,480 Speaker 2: you progressed that particular idea. 1098 00:51:26,440 --> 00:51:29,759 Speaker 19: Yeah, so ministers are still discussing the options around what 1099 00:51:29,840 --> 00:51:33,920 Speaker 19: we can do to support infrastructure. We've made some investments, 1100 00:51:33,960 --> 00:51:36,800 Speaker 19: particularly in the West coast. Takka Airport made some investments 1101 00:51:36,840 --> 00:51:39,400 Speaker 19: over there recently, so it's still in train. But I mean, 1102 00:51:39,840 --> 00:51:41,799 Speaker 19: you're right, it's a difficult problem to try and fix 1103 00:51:41,920 --> 00:51:44,000 Speaker 19: because it is about competition, but it's also about the 1104 00:51:44,040 --> 00:51:46,880 Speaker 19: economics of flying airlines. And I've talked to the likes 1105 00:51:46,920 --> 00:51:50,600 Speaker 19: of Sound there who have excellent flight performance but still 1106 00:51:50,640 --> 00:51:52,640 Speaker 19: find it difficult to operate just because of the costs 1107 00:51:52,640 --> 00:51:54,840 Speaker 19: of running airlines. So we are making progress on that. 1108 00:51:55,040 --> 00:51:57,680 Speaker 19: Just to start a reporting will help airline price, It 1109 00:51:57,719 --> 00:52:01,160 Speaker 19: will help better airport infrastructure will help Government lowering its 1110 00:52:01,239 --> 00:52:03,600 Speaker 19: own fees over time will help as well. It all 1111 00:52:03,640 --> 00:52:04,279 Speaker 19: goes into the max. 1112 00:52:04,400 --> 00:52:06,040 Speaker 2: Okay, appreciate your time. You have a good week in 1113 00:52:06,160 --> 00:52:09,960 Speaker 2: James Meager, Associate Transport. We're still discussing. Tell you what 1114 00:52:10,040 --> 00:52:13,879 Speaker 2: a discussion was aviation fuel wh would be getting places, Mike, 1115 00:52:13,920 --> 00:52:16,360 Speaker 2: the Taupou flight's always canceled. No, it's not. Let me 1116 00:52:16,400 --> 00:52:18,879 Speaker 2: come back to it. By the way, a federal appeals court, 1117 00:52:18,960 --> 00:52:21,879 Speaker 2: this is Trump, this is Tariff's. A federal appeals court 1118 00:52:22,040 --> 00:52:26,320 Speaker 2: justin they granted the administration request to temporarily pause the 1119 00:52:26,440 --> 00:52:28,799 Speaker 2: lower court ruling. So, in other words, the lower court said, 1120 00:52:28,840 --> 00:52:32,160 Speaker 2: you can't have your tariffs. The federal appeals court said, 1121 00:52:32,239 --> 00:52:35,520 Speaker 2: yes you can. So tariffs are back on. As regards 1122 00:52:35,560 --> 00:52:38,800 Speaker 2: the Taupeau flight is always canceled. I have the Taupou numbers, 1123 00:52:38,880 --> 00:52:40,839 Speaker 2: and the answer is it's not always canceled. There were 1124 00:52:40,920 --> 00:52:44,120 Speaker 2: sixty flight scheduled. Fifty four of them took off. Sorry, 1125 00:52:44,200 --> 00:52:46,359 Speaker 2: fifty six of them took off. Most of them took off. 1126 00:52:46,480 --> 00:52:48,520 Speaker 2: There was a cancelation rate of six percent, and on 1127 00:52:48,680 --> 00:52:50,879 Speaker 2: time and landing seventy five percent of the time. 1128 00:52:51,080 --> 00:52:55,680 Speaker 1: Sixteen to two, the Mike Asking Breakfast Full Show podcast 1129 00:52:55,880 --> 00:52:58,600 Speaker 1: on iHeartRadio, Power by News Talks, it'd. 1130 00:52:58,520 --> 00:53:01,840 Speaker 2: Be Mike James Meagher on top of his portfolio and 1131 00:53:01,880 --> 00:53:03,399 Speaker 2: press a few he is he's a very good guy. 1132 00:53:03,800 --> 00:53:06,080 Speaker 2: Came to prominence, of course with that maiden speech, and 1133 00:53:06,160 --> 00:53:08,880 Speaker 2: everyone went, oh my god, isn't he call? And so 1134 00:53:09,680 --> 00:53:11,080 Speaker 2: he's one to watch for the future. Mind you, he 1135 00:53:11,160 --> 00:53:13,800 Speaker 2: comes from Canterbury, so that helps. Very good piece in 1136 00:53:13,920 --> 00:53:16,160 Speaker 2: newsroom the website if you want to read it about 1137 00:53:16,239 --> 00:53:18,960 Speaker 2: seeing we've sort of fixated a bit on regional airlines 1138 00:53:19,000 --> 00:53:21,640 Speaker 2: and aviation generally. This morning. The headline is the headwinds 1139 00:53:21,680 --> 00:53:24,960 Speaker 2: facing regional airlines. It's interesting it says passenger numbers on 1140 00:53:25,040 --> 00:53:27,920 Speaker 2: regional airlines have never been better, costs of running them 1141 00:53:27,960 --> 00:53:30,879 Speaker 2: have never been higher. Passenger numbers are through the roof. 1142 00:53:30,960 --> 00:53:33,440 Speaker 2: This is sounds ere guy Andrew runs sounds there. He 1143 00:53:33,520 --> 00:53:36,160 Speaker 2: says the passenger numbers are through the roof. But he's 1144 00:53:36,160 --> 00:53:38,719 Speaker 2: had to kill off Taupo and Westport and sell an 1145 00:53:38,719 --> 00:53:41,120 Speaker 2: aircraft and the company is still losing money. I wouldn't 1146 00:53:41,160 --> 00:53:45,160 Speaker 2: know one airline that isn't, so you've got possibly a 1147 00:53:45,239 --> 00:53:48,880 Speaker 2: perfect storm. Other interesting subject this morning, Mike, I think 1148 00:53:48,920 --> 00:53:52,879 Speaker 2: people need to reframe they're thinking about buying their first home. 1149 00:53:53,000 --> 00:53:55,279 Speaker 2: I'm not on a huge salary, and I'm single, and 1150 00:53:55,360 --> 00:53:57,920 Speaker 2: I just flatted all through my twenties and thirties and 1151 00:53:57,960 --> 00:54:01,080 Speaker 2: then bought my first home at forty two one bedroom apartment. 1152 00:54:01,120 --> 00:54:03,040 Speaker 2: But I love it and finally being able to live 1153 00:54:03,080 --> 00:54:05,480 Speaker 2: in my own space is amazing. I probably could have 1154 00:54:05,520 --> 00:54:07,520 Speaker 2: built a place a bit earlier if I'd really looked 1155 00:54:07,560 --> 00:54:09,560 Speaker 2: into it, but I just assumed I couldn't afford it. Ah, 1156 00:54:10,080 --> 00:54:12,200 Speaker 2: And there it is. I just assumed. And I was 1157 00:54:12,239 --> 00:54:15,319 Speaker 2: telling Ryan earlier on this morning that you know, our 1158 00:54:15,440 --> 00:54:18,480 Speaker 2: kids and a part of a generation now who wrongly 1159 00:54:18,840 --> 00:54:21,080 Speaker 2: and we tell them they're wrong, but they're not to 1160 00:54:21,120 --> 00:54:23,160 Speaker 2: be convinced. They're like the people who got on a 1161 00:54:23,200 --> 00:54:25,279 Speaker 2: plane at Taupo and thought it was never going to 1162 00:54:25,360 --> 00:54:27,839 Speaker 2: live and we say you will buy your house one day. 1163 00:54:27,880 --> 00:54:29,600 Speaker 2: They say it's not possible, can't do it. So there's 1164 00:54:29,640 --> 00:54:31,960 Speaker 2: a whole generation of people out there that have absolutely 1165 00:54:32,000 --> 00:54:35,360 Speaker 2: convinced themselves that home ownership is beyond them, and it's not. 1166 00:54:36,160 --> 00:54:38,200 Speaker 2: And we've got living proof in this building that there 1167 00:54:38,239 --> 00:54:40,920 Speaker 2: are people in their low twenties who have gone out 1168 00:54:40,960 --> 00:54:43,279 Speaker 2: and bought houses for themselves. And it just depends on 1169 00:54:43,400 --> 00:54:46,839 Speaker 2: how you view life, what your aspirations are, what your 1170 00:54:46,880 --> 00:54:49,920 Speaker 2: priorities are. But what I do know in life is 1171 00:54:49,960 --> 00:54:51,600 Speaker 2: that old saying, if you think you're going to failure, 1172 00:54:51,680 --> 00:54:54,200 Speaker 2: correct you will. And if you genuinely believe you can 1173 00:54:54,280 --> 00:54:57,040 Speaker 2: never do something you're correct, you won't and so until 1174 00:54:57,080 --> 00:54:59,640 Speaker 2: we amend that slightly. And the stats, I mean, I 1175 00:54:59,719 --> 00:55:02,440 Speaker 2: can't convince you with the stats either, because, as we 1176 00:55:02,480 --> 00:55:05,160 Speaker 2: heard earlier on this morning, a quarter of all sales, 1177 00:55:05,640 --> 00:55:07,680 Speaker 2: and this has been this way forever, a quarter of 1178 00:55:07,840 --> 00:55:10,680 Speaker 2: all sales are first time buyers. So there are always 1179 00:55:10,840 --> 00:55:13,560 Speaker 2: first time buyers and lots of them in the market. 1180 00:55:13,960 --> 00:55:16,759 Speaker 2: A man with the best job title and I think 1181 00:55:16,800 --> 00:55:18,600 Speaker 2: I've said this before in the program last time we 1182 00:55:18,640 --> 00:55:21,280 Speaker 2: had him on, A man with the best job title 1183 00:55:21,480 --> 00:55:24,160 Speaker 2: in the world is next tend to wait. 1184 00:55:24,400 --> 00:55:28,799 Speaker 1: The mat Hosking breakfast with a Vita Retirement Communities News 1185 00:55:28,880 --> 00:55:29,680 Speaker 1: Togsdad bes. 1186 00:55:29,600 --> 00:55:31,600 Speaker 2: Seven away from eight to new ten cent coiners on 1187 00:55:31,640 --> 00:55:33,680 Speaker 2: the way. The Reserve Bank has been given the green 1188 00:55:33,719 --> 00:55:35,640 Speaker 2: light to put King Charles on the coin, so we're 1189 00:55:35,640 --> 00:55:37,520 Speaker 2: making them in Canada and you'll see them in your 1190 00:55:37,520 --> 00:55:40,719 Speaker 2: wallet or your car ashtra by twenty twenty seven, Director 1191 00:55:40,920 --> 00:55:43,880 Speaker 2: of Money and Cash at the Reserve Banking in Wolfed's 1192 00:55:43,920 --> 00:55:47,480 Speaker 2: with us Ian Morning Morning, Mike, Why does this take 1193 00:55:47,560 --> 00:55:49,719 Speaker 2: so long? Because the King arrived in twenty three and 1194 00:55:49,760 --> 00:55:51,400 Speaker 2: we won't get the money till twenty seven. 1195 00:55:52,800 --> 00:55:56,120 Speaker 23: Yeah, we checked in with the Palace a few years 1196 00:55:56,160 --> 00:55:58,800 Speaker 23: ago and we got some pretty clear advice which was 1197 00:56:02,040 --> 00:56:05,160 Speaker 23: not to be wasteful. We've got quite a big inventory 1198 00:56:05,360 --> 00:56:08,760 Speaker 23: because it's really important to us that banknotes and coins 1199 00:56:08,760 --> 00:56:12,520 Speaker 23: are available when people need them, So we hold quite 1200 00:56:12,520 --> 00:56:17,840 Speaker 23: a buffer, and it takes quite a while to do 1201 00:56:17,960 --> 00:56:20,719 Speaker 23: the production and get it moved from Canada. We need 1202 00:56:20,760 --> 00:56:23,800 Speaker 23: to work with industry to make sure the coin is 1203 00:56:23,800 --> 00:56:26,719 Speaker 23: accepting machines or work. There's actually a bit more sort 1204 00:56:26,719 --> 00:56:28,960 Speaker 23: of science and a coin than people understand. 1205 00:56:29,080 --> 00:56:31,800 Speaker 2: I'm sure that's true. Who decidns on whether it's a 1206 00:56:31,840 --> 00:56:32,920 Speaker 2: ten to twenty or fifty? 1207 00:56:36,040 --> 00:56:39,000 Speaker 23: Well, the reason why we're going with tens at the moment, 1208 00:56:39,080 --> 00:56:43,040 Speaker 23: it just reflects where our inventory's at, so they're the 1209 00:56:43,120 --> 00:56:44,759 Speaker 23: ones that we need to stock up a bit on. 1210 00:56:45,000 --> 00:56:46,640 Speaker 23: So that's just the first cab. 1211 00:56:46,480 --> 00:56:48,120 Speaker 2: Off the rank, and then you'll do twenty and then 1212 00:56:48,160 --> 00:56:48,800 Speaker 2: you do fifty. 1213 00:56:49,760 --> 00:56:50,600 Speaker 23: Yeah, yeah, that's right. 1214 00:56:50,960 --> 00:56:52,440 Speaker 2: How much does it cost to make a tense? So 1215 00:56:52,520 --> 00:56:54,040 Speaker 2: the only reason I asked this is I found out 1216 00:56:54,080 --> 00:56:56,120 Speaker 2: this week it costs thirteen cents to make a nickel. 1217 00:56:58,480 --> 00:56:58,719 Speaker 9: Yeah. 1218 00:56:58,960 --> 00:57:01,960 Speaker 23: No, and it costs more than a penny to make 1219 00:57:01,960 --> 00:57:05,880 Speaker 23: a penny. Yes, it actually only I mean, it's commercially sensitive, 1220 00:57:05,880 --> 00:57:07,440 Speaker 23: but it's just a couple of cents. 1221 00:57:07,640 --> 00:57:10,239 Speaker 2: And actually that so it's cheaper to make a ten 1222 00:57:10,320 --> 00:57:13,000 Speaker 2: cent than So how come they're so expensive in America. 1223 00:57:15,000 --> 00:57:18,080 Speaker 23: I don't really know the details of what's going on 1224 00:57:18,160 --> 00:57:20,880 Speaker 23: in America, but this is this is how central banks 1225 00:57:20,920 --> 00:57:26,760 Speaker 23: actually make their money. So, without getting too technical, you know, 1226 00:57:26,840 --> 00:57:29,640 Speaker 23: when we produce a coin or a banknote, it costs 1227 00:57:29,640 --> 00:57:31,560 Speaker 23: a few cents on the dollar, and then when we 1228 00:57:31,880 --> 00:57:34,200 Speaker 23: when we release it to the public, it goes onto 1229 00:57:34,280 --> 00:57:37,040 Speaker 23: a balance sheet at face for you. So a ten 1230 00:57:37,120 --> 00:57:40,240 Speaker 23: cent coin mightn't cost a few a few cents. There's 1231 00:57:40,280 --> 00:57:43,800 Speaker 23: a little bit more money that we make. But you know, 1232 00:57:44,000 --> 00:57:46,440 Speaker 23: one hundred dollar bank note a few cents. 1233 00:57:47,080 --> 00:57:49,600 Speaker 2: A good coin, that's a that's a margin they rip off. 1234 00:57:49,680 --> 00:57:53,640 Speaker 2: That's inflation rey and for goodness sake, Well no, no, no, no. 1235 00:57:53,720 --> 00:57:56,120 Speaker 23: No, that's that's I mean, the Reserve Bank is one 1236 00:57:56,160 --> 00:57:58,440 Speaker 23: of the few government sort of profit centers, so we 1237 00:57:58,520 --> 00:58:01,720 Speaker 23: actually pay a dividend to the government every year. A 1238 00:58:01,880 --> 00:58:04,320 Speaker 23: portion of that sort of kept back through our funding 1239 00:58:04,400 --> 00:58:09,600 Speaker 23: agreement to funder operations. But you know, that's the way 1240 00:58:09,640 --> 00:58:11,800 Speaker 23: it works around the world. Central banks have a legal 1241 00:58:12,680 --> 00:58:16,840 Speaker 23: right to issue. You know, your sovereign currency, the costs 1242 00:58:16,840 --> 00:58:19,440 Speaker 23: of production are low. It goes on to your balance 1243 00:58:19,480 --> 00:58:22,320 Speaker 23: sheet at face value, and then that money is really, 1244 00:58:23,480 --> 00:58:24,840 Speaker 23: you know, revenue for the government. 1245 00:58:25,040 --> 00:58:27,200 Speaker 2: How much How many tens have we got in the 1246 00:58:27,400 --> 00:58:30,520 Speaker 2: economy at any given time? Are there millions or hundreds 1247 00:58:30,520 --> 00:58:31,200 Speaker 2: of thousands or one? 1248 00:58:32,000 --> 00:58:35,080 Speaker 23: Oh no, tens of millions, tens and tens of millions. 1249 00:58:34,880 --> 00:58:38,280 Speaker 2: Tens of millions, And that's the same for all coins generally. 1250 00:58:38,120 --> 00:58:38,280 Speaker 9: Or not. 1251 00:58:40,440 --> 00:58:44,400 Speaker 23: The denominations. I mean, yes, it is. You know, tens 1252 00:58:44,480 --> 00:58:46,520 Speaker 23: and tens of millions coins are out there. 1253 00:58:47,400 --> 00:58:47,520 Speaker 9: You know. 1254 00:58:47,600 --> 00:58:50,040 Speaker 23: One of the things that people often says, well, I 1255 00:58:50,080 --> 00:58:54,040 Speaker 23: don't use cash that much, but you know, the amount 1256 00:58:54,080 --> 00:58:56,919 Speaker 23: of cash and circulations doubled over the last ten years, 1257 00:58:57,040 --> 00:59:01,280 Speaker 23: and actually some of the heat uses a cash using 1258 00:59:01,360 --> 00:59:05,840 Speaker 23: cash a bit more. Yeah, So yeah, it's it's out there. 1259 00:59:06,240 --> 00:59:08,640 Speaker 23: There's a lot of money in circulation, over nine billion 1260 00:59:08,920 --> 00:59:09,560 Speaker 23: in circulation. 1261 00:59:09,680 --> 00:59:11,520 Speaker 2: Good stuff, all right, Ian, Nice to talk to you again. 1262 00:59:11,520 --> 00:59:13,680 Speaker 2: Appreciate it very much. And Wilford, who's the director of 1263 00:59:13,840 --> 00:59:14,760 Speaker 2: money in cash. 1264 00:59:15,040 --> 00:59:18,320 Speaker 18: I just asked Sam how many he's got personal points? No, 1265 00:59:18,480 --> 00:59:21,479 Speaker 18: ten sensors and how many has he got none? Because 1266 00:59:21,520 --> 00:59:24,120 Speaker 18: do you know why he throws them out? 1267 00:59:25,640 --> 00:59:27,400 Speaker 2: See, I keep telling you he's paid too much money. 1268 00:59:27,840 --> 00:59:29,880 Speaker 2: He's got his own apartment. He's in his twenties. He's 1269 00:59:29,920 --> 00:59:30,720 Speaker 2: got his own apartment. 1270 00:59:31,120 --> 00:59:32,440 Speaker 12: Doesn't flash dog, He's. 1271 00:59:32,320 --> 00:59:34,600 Speaker 2: Got a flash dog. He throws money out. 1272 00:59:35,240 --> 00:59:36,840 Speaker 12: He literally throws money away. 1273 00:59:36,960 --> 00:59:40,760 Speaker 2: He throws money away. Mike, it must be Kate's husband. 1274 00:59:40,880 --> 00:59:43,000 Speaker 2: Greatest job title in the world. It's very night and 1275 00:59:43,360 --> 00:59:46,520 Speaker 2: probably through. Speaking of which we'll do the weekly after 1276 00:59:46,600 --> 00:59:47,640 Speaker 2: the News, which is next. 1277 00:59:49,720 --> 00:59:55,280 Speaker 1: The mikeskame in fateful, engaging and idal, the Mike asking 1278 00:59:55,320 --> 00:59:59,760 Speaker 1: breakfast with the range rover villa designed to intrigue can use. 1279 00:59:59,800 --> 01:00:00,400 Speaker 12: Tom said be. 1280 01:00:02,200 --> 01:00:03,240 Speaker 9: One two three. 1281 01:00:14,440 --> 01:00:17,560 Speaker 2: Joe Jonas, who was once part of the Jonas Brothers, 1282 01:00:17,920 --> 01:00:18,960 Speaker 2: and I. 1283 01:00:19,000 --> 01:00:20,240 Speaker 12: Think he still has a Jonahs brother. 1284 01:00:20,280 --> 01:00:24,760 Speaker 2: I think, well, in a familiar sort of fashion. It's 1285 01:00:24,960 --> 01:00:27,760 Speaker 2: not necessarily musically, Yes, good point music for people who 1286 01:00:27,880 --> 01:00:30,120 Speaker 2: believe in love, I believe. I think that's probably the 1287 01:00:30,200 --> 01:00:31,920 Speaker 2: best title of the album this year. 1288 01:00:32,000 --> 01:00:32,320 Speaker 9: So time. 1289 01:00:32,360 --> 01:00:34,920 Speaker 2: I like Tho's barges of title music for people who 1290 01:00:34,960 --> 01:00:39,200 Speaker 2: believe in love. This is distorted, obviously, so that's a 1291 01:00:39,280 --> 01:00:41,840 Speaker 2: thing that he does. He also I've seen him several 1292 01:00:41,880 --> 01:00:44,240 Speaker 2: times at the F one, so I give him cute 1293 01:00:44,240 --> 01:00:46,240 Speaker 2: os for that. Anyway, who likes F one is a 1294 01:00:46,280 --> 01:00:46,959 Speaker 2: half decent person. 1295 01:00:47,040 --> 01:00:47,600 Speaker 12: This is only a. 1296 01:00:47,640 --> 01:00:49,920 Speaker 2: Second solo album, which seems weird for a person who, 1297 01:00:50,320 --> 01:00:52,439 Speaker 2: in my mind, has been around for quite a while 1298 01:00:52,960 --> 01:00:58,000 Speaker 2: thoughtfully mature melgam of his previous pop incarnations. The record 1299 01:00:58,080 --> 01:01:00,600 Speaker 2: is technically the follow up to twenty eleven Fast Luck. 1300 01:01:00,840 --> 01:01:03,320 Speaker 2: So twenty eleven was Fast Life was his first album. 1301 01:01:03,360 --> 01:01:04,840 Speaker 2: I was right, he has been around forever and is 1302 01:01:04,880 --> 01:01:06,919 Speaker 2: this only his second one in twelve or thirteen years? 1303 01:01:07,120 --> 01:01:10,280 Speaker 2: Maybe spending too much time at the F one. Concentrate 1304 01:01:10,320 --> 01:01:14,360 Speaker 2: on the music. Thirteen tracks, forty one minutes and forty 1305 01:01:14,440 --> 01:01:15,480 Speaker 2: four seconds of this stuff. 1306 01:01:16,200 --> 01:01:19,680 Speaker 1: The week in review with two degrees fighting for fair 1307 01:01:19,800 --> 01:01:21,280 Speaker 1: for Kiwi Business, said Wilson. 1308 01:01:21,360 --> 01:01:24,640 Speaker 2: Kate Hawk's be good morning, good morning, good morning, good morning, 1309 01:01:25,240 --> 01:01:30,840 Speaker 2: good morning. My favorite story of the week is Hailey 1310 01:01:30,920 --> 01:01:35,680 Speaker 2: Bieber and her sale. You won't know much about this, tim, 1311 01:01:35,720 --> 01:01:37,920 Speaker 2: but Katie and I talked about this extensively in the 1312 01:01:38,000 --> 01:01:42,560 Speaker 2: car as we crossed town yesterday, and I said to Katie, 1313 01:01:42,600 --> 01:01:48,320 Speaker 2: my social media slash cutting edge modern ish vibe person, 1314 01:01:48,800 --> 01:01:51,520 Speaker 2: a tech guru, and my tech guru, I said this 1315 01:01:51,680 --> 01:01:53,440 Speaker 2: Hailey Biber talk to me. 1316 01:01:53,640 --> 01:01:57,080 Speaker 24: You know you didn't fake news. You said, quote unquote, 1317 01:01:57,800 --> 01:01:59,160 Speaker 24: who's Hailey Bieber? 1318 01:02:00,440 --> 01:02:01,960 Speaker 9: Is she a thing? 1319 01:02:02,240 --> 01:02:03,960 Speaker 24: And I said, are you joking? 1320 01:02:04,200 --> 01:02:07,960 Speaker 2: And you said, no, I'm not, that is true. What 1321 01:02:08,120 --> 01:02:10,920 Speaker 2: I didn't know, Tim, stop laughing. What I didn't know 1322 01:02:11,120 --> 01:02:14,400 Speaker 2: was that Hayley Bieber was a Baldwin. And according to 1323 01:02:14,560 --> 01:02:18,880 Speaker 2: my social media manager, All Baldwinds, she's a NEPO baby, 1324 01:02:18,960 --> 01:02:21,040 Speaker 2: so all Baldwin's phase. What I wanted to know is 1325 01:02:21,280 --> 01:02:23,880 Speaker 2: to bring everybody up to speed on this. She started 1326 01:02:23,920 --> 01:02:27,760 Speaker 2: three years ago a makeup company and she's now sold 1327 01:02:27,800 --> 01:02:30,360 Speaker 2: it for a billion dollars, so three hundred and thirty 1328 01:02:30,440 --> 01:02:32,720 Speaker 2: three million dollars per year. So three years later she 1329 01:02:32,800 --> 01:02:34,400 Speaker 2: sold it for a billion dollars. What I wanted to 1330 01:02:34,520 --> 01:02:37,280 Speaker 2: know was she a thing going in? So in other words, 1331 01:02:37,320 --> 01:02:40,040 Speaker 2: when you go high, I'm making mascara these days, do 1332 01:02:40,160 --> 01:02:42,720 Speaker 2: people then buy the mescara because you're a thing? And 1333 01:02:42,880 --> 01:02:45,400 Speaker 2: I think she was a thing as a supermodel. You 1334 01:02:45,560 --> 01:02:47,600 Speaker 2: tried to tell me, Katie she was a Baldwin, which 1335 01:02:47,640 --> 01:02:50,040 Speaker 2: made her semi famous. But I don't know that people 1336 01:02:50,080 --> 01:02:52,920 Speaker 2: buy makeup because Alex's somehow involved in the process. 1337 01:02:53,040 --> 01:02:55,800 Speaker 24: Well, she's justin Bieber's wife, which is when she is that. 1338 01:02:55,920 --> 01:03:01,560 Speaker 14: Why yeah, that's where she exploded into the celebrity stratospect. 1339 01:03:01,640 --> 01:03:03,560 Speaker 2: But do you buy listic really. 1340 01:03:03,520 --> 01:03:06,320 Speaker 25: Beautiful glowy skin? So she did a range of like 1341 01:03:06,600 --> 01:03:09,840 Speaker 25: it's really more skin here. It's like dewy, glowy skin drops. 1342 01:03:09,600 --> 01:03:11,560 Speaker 24: And lip arms, and people look at her and go, 1343 01:03:11,880 --> 01:03:14,240 Speaker 24: I want to look like you. It's the Kylie jen effect. 1344 01:03:14,280 --> 01:03:16,040 Speaker 24: It's the same reason success. 1345 01:03:16,080 --> 01:03:17,880 Speaker 9: Can I get Mike? Shall I go and get the 1346 01:03:17,960 --> 01:03:19,280 Speaker 9: Reo bi power drill back again? 1347 01:03:19,320 --> 01:03:21,560 Speaker 14: It's getting all No, it's just just saying. 1348 01:03:21,720 --> 01:03:24,600 Speaker 2: What I'm saying is that in a world of in 1349 01:03:24,680 --> 01:03:28,360 Speaker 2: a world of stuff, that's an extraordinary story. There's a 1350 01:03:28,360 --> 01:03:30,920 Speaker 2: story this morning. Now I've written it down and unfortunately 1351 01:03:30,960 --> 01:03:32,720 Speaker 2: my write I can't read my own writing. Is there 1352 01:03:32,760 --> 01:03:37,000 Speaker 2: a brand? Is there a brand called. 1353 01:03:36,880 --> 01:03:37,520 Speaker 9: What you need to do? 1354 01:03:37,680 --> 01:03:39,640 Speaker 14: You need to you need to stop with the cursor 1355 01:03:39,720 --> 01:03:40,760 Speaker 14: and get with the printing. 1356 01:03:40,880 --> 01:03:41,800 Speaker 9: That's what the kids doing. 1357 01:03:43,360 --> 01:03:46,400 Speaker 2: Thoughts, All of my thoughts are down in writing in 1358 01:03:46,520 --> 01:03:49,440 Speaker 2: terms of typewriter. But unfortunately I've then gone and scribbled. 1359 01:03:49,880 --> 01:03:53,640 Speaker 2: Is r A a ce a local brand. It's a 1360 01:03:53,680 --> 01:03:59,080 Speaker 2: botanical skin care deal. Is it racy rah Rah Ray Ray, 1361 01:03:59,200 --> 01:04:05,040 Speaker 2: it's r a I is it? That'll do? Okay, now 1362 01:04:05,120 --> 01:04:07,000 Speaker 2: that story this morning, they've just gone and done a 1363 01:04:07,040 --> 01:04:10,439 Speaker 2: deal with the botanical skin care at Sephora, so there's 1364 01:04:10,520 --> 01:04:12,960 Speaker 2: money there. So I'm just wondering if we need to 1365 01:04:13,040 --> 01:04:16,760 Speaker 2: launch our own marking the week skincare mark the Wheat 1366 01:04:16,800 --> 01:04:18,680 Speaker 2: skin Care. Yeah, I think we do. 1367 01:04:19,240 --> 01:04:21,280 Speaker 25: I think it would could probably be an anti wrinkled 1368 01:04:21,320 --> 01:04:23,360 Speaker 25: cream given out collective ages. 1369 01:04:25,640 --> 01:04:28,240 Speaker 14: Don't well, okay, I don't think anyone might wants Mike 1370 01:04:28,400 --> 01:04:29,919 Speaker 14: or my skin, but maybe your skin. 1371 01:04:30,040 --> 01:04:32,640 Speaker 2: My skin's pretty good on My skin's pretty good. 1372 01:04:33,200 --> 01:04:35,439 Speaker 24: His skin is excellent. He gets comments us all the time. 1373 01:04:35,560 --> 01:04:36,640 Speaker 24: He looks after the skin. 1374 01:04:36,960 --> 01:04:37,600 Speaker 9: Do you know what my. 1375 01:04:37,720 --> 01:04:41,680 Speaker 2: Highlight of working for TV and Z was I would 1376 01:04:41,720 --> 01:04:43,960 Speaker 2: sit there, No I know, I would sit in the 1377 01:04:44,040 --> 01:04:48,520 Speaker 2: chair and and they would go, your skin's incredible. Wow, 1378 01:04:48,840 --> 01:04:50,919 Speaker 2: that's what they're saying. That's what more than one person, 1379 01:04:51,000 --> 01:04:53,120 Speaker 2: and that was the highlight over another gear while I mean, 1380 01:04:53,160 --> 01:04:54,920 Speaker 2: you know you want light there. 1381 01:04:55,880 --> 01:04:56,400 Speaker 9: You know I was. 1382 01:04:56,760 --> 01:04:58,560 Speaker 12: I was there with you on seven sharp for a while. 1383 01:04:58,800 --> 01:05:02,600 Speaker 2: You know we've all work there. Okay, Next question, quick question, 1384 01:05:03,600 --> 01:05:07,480 Speaker 2: how many poos has Sammy's dog done on the carpet 1385 01:05:07,520 --> 01:05:07,840 Speaker 2: this week. 1386 01:05:08,520 --> 01:05:10,720 Speaker 25: Oh yeah, I was just talking to my off ear 1387 01:05:10,760 --> 01:05:12,640 Speaker 25: saying it, really, a puppy is like a kin to 1388 01:05:12,720 --> 01:05:15,520 Speaker 25: a newborn because it is so distracting and so twenty 1389 01:05:15,560 --> 01:05:17,280 Speaker 25: four seven you can't take your eyes off it. 1390 01:05:17,720 --> 01:05:19,400 Speaker 9: No, I disagree. 1391 01:05:19,480 --> 01:05:21,320 Speaker 14: I don't think it is the equivalent of a new ball. 1392 01:05:21,360 --> 01:05:23,320 Speaker 12: I know you've had both, but I just can't see it. 1393 01:05:23,560 --> 01:05:24,400 Speaker 9: I do agree with. 1394 01:05:24,440 --> 01:05:27,480 Speaker 25: Tim, it's four it's a good it's a good practice 1395 01:05:27,520 --> 01:05:28,160 Speaker 25: run for sam. 1396 01:05:28,280 --> 01:05:29,680 Speaker 24: If not incredible, not. 1397 01:05:29,680 --> 01:05:31,720 Speaker 2: Doing very well, I wouldn't have kids. It's my advice. 1398 01:05:31,760 --> 01:05:34,240 Speaker 2: After week one exactly, there's poos on the wall. 1399 01:05:37,040 --> 01:05:38,280 Speaker 12: What's wrong with you? 1400 01:05:38,880 --> 01:05:40,320 Speaker 2: You don't you can't see our walls? 1401 01:05:40,360 --> 01:05:41,000 Speaker 9: Why are you laughing? 1402 01:05:41,240 --> 01:05:43,640 Speaker 2: Well, because I'm just thinking I can see it all coming. 1403 01:05:43,680 --> 01:05:46,480 Speaker 2: What I enjoy at this stage of my life is 1404 01:05:46,560 --> 01:05:49,560 Speaker 2: seeing people go through things that you know are going 1405 01:05:49,600 --> 01:05:51,480 Speaker 2: to unfold in the way that you know they're going 1406 01:05:51,560 --> 01:05:53,120 Speaker 2: to unfold, and they go no no no no no 1407 01:05:53,200 --> 01:05:55,280 Speaker 2: no no no no, and then they unfold exactly the 1408 01:05:55,320 --> 01:05:57,760 Speaker 2: way you thought they were, and it's just so enjoyable 1409 01:05:57,800 --> 01:06:00,600 Speaker 2: to watch. Basically, But see, I was right all along. 1410 01:06:00,760 --> 01:06:03,959 Speaker 2: He argues, now we'll ask this question going to the break. 1411 01:06:04,960 --> 01:06:06,760 Speaker 2: When I said, how's it gone this week in the 1412 01:06:06,840 --> 01:06:12,240 Speaker 2: old department, he goes, she only did it once on 1413 01:06:12,400 --> 01:06:17,720 Speaker 2: the carpet. And I said, but what about the wall? 1414 01:06:18,840 --> 01:06:23,720 Speaker 2: And he said, he said, they're separate things. My question 1415 01:06:23,880 --> 01:06:26,440 Speaker 2: to you going to the break is doing. 1416 01:06:27,760 --> 01:06:28,120 Speaker 9: Is doing? 1417 01:06:28,920 --> 01:06:32,360 Speaker 2: I can't even thirteen past eight. 1418 01:06:33,480 --> 01:06:37,959 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio, Power 1419 01:06:37,960 --> 01:06:38,640 Speaker 1: it By News. 1420 01:06:38,560 --> 01:06:41,920 Speaker 2: Talksp News Talks, sixteen past eight. 1421 01:06:42,200 --> 01:06:45,960 Speaker 1: The Week in Review with two degrees bringing smart business 1422 01:06:46,000 --> 01:06:47,120 Speaker 1: solutions to the table. 1423 01:06:47,400 --> 01:06:50,200 Speaker 2: Simple rules, Sam, puppies of food and food out instantly 1424 01:06:50,280 --> 01:06:52,760 Speaker 2: take your puppy outside straight after feeding. Now that's good advice. 1425 01:06:52,840 --> 01:06:55,439 Speaker 2: What Texter doesn't realize is Sam's on the forty second 1426 01:06:55,480 --> 01:06:57,520 Speaker 2: floor of this thirty seven square meter apartment. 1427 01:06:57,600 --> 01:06:58,160 Speaker 9: You can't do that. 1428 01:07:00,280 --> 01:07:03,040 Speaker 2: Yep, learning curve with a dash hound puppy so busy. 1429 01:07:03,160 --> 01:07:07,960 Speaker 2: By the way, Glenn's we dog, Gavin is for surgery 1430 01:07:08,080 --> 01:07:09,240 Speaker 2: today at the bit. 1431 01:07:09,560 --> 01:07:13,480 Speaker 24: Oh what sort of surgery? 1432 01:07:13,600 --> 01:07:14,120 Speaker 2: Good question? 1433 01:07:15,240 --> 01:07:16,360 Speaker 12: How much is that going to cost? 1434 01:07:18,760 --> 01:07:19,520 Speaker 2: Doesn't want talk about it? 1435 01:07:20,400 --> 01:07:20,800 Speaker 25: Insurance? 1436 01:07:20,920 --> 01:07:21,680 Speaker 9: Does he? Yes? 1437 01:07:22,480 --> 01:07:25,040 Speaker 18: It seems to be a very gray area over exactly 1438 01:07:25,440 --> 01:07:28,960 Speaker 18: how much, exactly what they cover what percentage? 1439 01:07:29,000 --> 01:07:31,760 Speaker 2: They know you never asked those questions when you take 1440 01:07:31,800 --> 01:07:33,160 Speaker 2: it out, do you? And the problem with that is 1441 01:07:33,320 --> 01:07:34,960 Speaker 2: you never asked because you never know what you're going 1442 01:07:35,040 --> 01:07:36,120 Speaker 2: to be requiring, and because you. 1443 01:07:36,320 --> 01:07:38,480 Speaker 12: Know these insurance companies would rather not pay. 1444 01:07:38,880 --> 01:07:40,720 Speaker 2: So I always say to look at the how to 1445 01:07:40,760 --> 01:07:42,960 Speaker 2: look at the profit margins and insurance company and tell them, 1446 01:07:43,040 --> 01:07:43,880 Speaker 2: tell me how that works. 1447 01:07:43,960 --> 01:07:45,840 Speaker 12: The dog is named Jerry, by the way, is it 1448 01:07:45,920 --> 01:07:47,640 Speaker 12: not Jerry? 1449 01:07:49,400 --> 01:07:50,960 Speaker 25: I didn't want to say anything, but I didn't think 1450 01:07:51,040 --> 01:07:53,800 Speaker 25: Gavin was an unusual dog's name, more. 1451 01:07:53,760 --> 01:07:55,240 Speaker 12: Or less unusual than storm. 1452 01:07:56,480 --> 01:07:59,400 Speaker 2: Storm. No, storm, Storm's a good dog's name because not 1453 01:07:59,560 --> 01:08:01,880 Speaker 2: not many people are called storm. Is that what your 1454 01:08:01,960 --> 01:08:06,840 Speaker 2: dog's name? So Sam's oh, jeez, stamps call it storm? Well, 1455 01:08:06,960 --> 01:08:07,360 Speaker 2: that's car. 1456 01:08:07,560 --> 01:08:09,440 Speaker 14: That's like, that's like calling a kid's storm. That's like 1457 01:08:09,520 --> 01:08:11,720 Speaker 14: calling a kid tantrum. That's why would you do that? 1458 01:08:11,800 --> 01:08:12,200 Speaker 9: It's like a. 1459 01:08:12,240 --> 01:08:16,759 Speaker 2: Herald headline, kids is called storm? Who's called Who's called storms? 1460 01:08:17,360 --> 01:08:18,599 Speaker 24: One of Kylie Jenna's kids? 1461 01:08:19,160 --> 01:08:20,040 Speaker 9: Well, I rest my case. 1462 01:08:20,040 --> 01:08:22,320 Speaker 2: Does a kid making makeup? Has a kid got a 1463 01:08:22,360 --> 01:08:23,280 Speaker 2: mascara line out? 1464 01:08:23,880 --> 01:08:24,960 Speaker 24: Get that dog its own? 1465 01:08:25,000 --> 01:08:25,240 Speaker 9: Show? 1466 01:08:25,439 --> 01:08:29,559 Speaker 2: Stormlips? So they thought about that stormlips, storm eyes, stormy eyes. 1467 01:08:29,640 --> 01:08:31,840 Speaker 2: I mean that I'm whiteboarding this as we go left 1468 01:08:31,840 --> 01:08:34,280 Speaker 2: front center, Tim, how old were you when you bought 1469 01:08:34,320 --> 01:08:34,960 Speaker 2: your first house? 1470 01:08:36,400 --> 01:08:38,080 Speaker 9: Bought? Mom? 1471 01:08:38,360 --> 01:08:41,720 Speaker 10: Oh, golly's fourteen. 1472 01:08:41,840 --> 01:08:46,439 Speaker 2: Twenty fourteen years ago? Tim, So do you rage? Well, 1473 01:08:46,479 --> 01:08:50,439 Speaker 2: so you're seventy sixty four, you're three, sixty three, sixty 1474 01:08:51,320 --> 01:08:57,360 Speaker 2: this year sixty your sixty forty nine, Yeah, so forty nine. 1475 01:08:57,400 --> 01:08:58,400 Speaker 2: You're well above the average. 1476 01:08:58,439 --> 01:08:58,719 Speaker 9: Katie. 1477 01:08:58,720 --> 01:08:59,200 Speaker 2: How old were you. 1478 01:09:00,920 --> 01:09:02,240 Speaker 25: Twenty two or three? 1479 01:09:02,760 --> 01:09:02,960 Speaker 20: Yeah? 1480 01:09:03,560 --> 01:09:05,479 Speaker 2: See, it's a time of life thing, isn't it. You're 1481 01:09:05,520 --> 01:09:07,040 Speaker 2: a bit lost, won't your Tim? I mean that's what 1482 01:09:07,200 --> 01:09:09,320 Speaker 2: that boiled down to. We are a bit lost. I 1483 01:09:09,960 --> 01:09:12,840 Speaker 2: was wandering in the wilderness for many years, and that 1484 01:09:13,000 --> 01:09:14,080 Speaker 2: and that is that is the thing. 1485 01:09:14,200 --> 01:09:15,519 Speaker 24: That's That's the same with our kids. 1486 01:09:15,560 --> 01:09:17,200 Speaker 25: I heard you saying they're not going to buy houses, 1487 01:09:17,240 --> 01:09:19,240 Speaker 25: and it's priorities for them as well. 1488 01:09:19,479 --> 01:09:21,400 Speaker 24: A lot of them would rather travel and see the 1489 01:09:21,439 --> 01:09:23,519 Speaker 24: world and do other stuff. So they're not at that. 1490 01:09:24,080 --> 01:09:26,400 Speaker 25: Then they're at a totally different stage of life that 1491 01:09:26,520 --> 01:09:29,200 Speaker 25: we were at at that time. So everything is happening older. 1492 01:09:29,240 --> 01:09:31,080 Speaker 25: I think that's just the truth. That's just what's happening. 1493 01:09:31,160 --> 01:09:32,479 Speaker 24: So you say that it's doing stuff. 1494 01:09:32,479 --> 01:09:32,800 Speaker 16: They don't. 1495 01:09:33,120 --> 01:09:34,800 Speaker 24: They none of them want to get married young, none 1496 01:09:34,840 --> 01:09:35,559 Speaker 24: them want to buy houses. 1497 01:09:35,680 --> 01:09:37,519 Speaker 14: See now I would yeah, I would push, I would push. 1498 01:09:37,680 --> 01:09:39,120 Speaker 14: I don't know if that's a good thing. You see, 1499 01:09:39,160 --> 01:09:43,680 Speaker 14: I think what it is, well, well, but we can 1500 01:09:43,800 --> 01:09:45,400 Speaker 14: we can still make a value judgment on it. 1501 01:09:45,640 --> 01:09:46,120 Speaker 2: I don't think. 1502 01:09:46,160 --> 01:09:46,960 Speaker 9: I don't think it's. 1503 01:09:46,920 --> 01:09:50,880 Speaker 14: It's well, the perstponement of the of adulthood is actually 1504 01:09:50,920 --> 01:09:53,000 Speaker 14: the extension of infantilism. 1505 01:09:53,280 --> 01:09:55,840 Speaker 2: Well, I tend to agree with you, Tim, But having 1506 01:09:55,880 --> 01:09:58,040 Speaker 2: said that, I did read this, and I must once 1507 01:09:58,040 --> 01:10:00,000 Speaker 2: again reiterate to everybody. I don't know whether you want 1508 01:10:00,040 --> 01:10:01,639 Speaker 2: to get yourself a copy of the Listener, because that's 1509 01:10:01,680 --> 01:10:04,360 Speaker 2: not good for your health. But it was reprinted elsewhere. 1510 01:10:04,920 --> 01:10:08,320 Speaker 2: They've been doing this longitudinal study post elections of a 1511 01:10:08,360 --> 01:10:10,879 Speaker 2: couple of thousand people every election for the last twelve elections, 1512 01:10:11,479 --> 01:10:14,599 Speaker 2: and what I found out from that it's fascinating reading, 1513 01:10:15,120 --> 01:10:19,000 Speaker 2: is essentially we've not changed. I don't believe that you 1514 01:10:19,120 --> 01:10:21,160 Speaker 2: can argue with fellow New Zealanders. 1515 01:10:21,240 --> 01:10:21,880 Speaker 9: It is what it is. 1516 01:10:23,280 --> 01:10:26,479 Speaker 2: It sounds like a towerplow to Aukland turboprop traveler. 1517 01:10:26,560 --> 01:10:28,400 Speaker 24: I don't believe that either. I do not believe those 1518 01:10:28,439 --> 01:10:29,320 Speaker 24: stats on the flights. 1519 01:10:29,840 --> 01:10:31,880 Speaker 25: You talk to anyone in an airport or anyone who's 1520 01:10:31,880 --> 01:10:35,160 Speaker 25: fown anywhere recently their flight's been canceled, that they cannot 1521 01:10:35,200 --> 01:10:35,479 Speaker 25: be right. 1522 01:10:35,800 --> 01:10:37,800 Speaker 2: What's the point of statistics? Why don't we just maybe 1523 01:10:37,840 --> 01:10:38,920 Speaker 2: the mystery of Catherine. 1524 01:10:38,960 --> 01:10:40,479 Speaker 9: But maybe the stats are not up to date. 1525 01:10:40,760 --> 01:10:41,960 Speaker 2: Maybe it's from April. 1526 01:10:43,120 --> 01:10:45,559 Speaker 14: That's from April, that the end of money. 1527 01:10:46,200 --> 01:10:48,679 Speaker 25: I just wonder whether that's the same people being interviewed 1528 01:10:48,720 --> 01:10:50,160 Speaker 25: over and over again, and it's an aging. 1529 01:10:50,240 --> 01:10:52,759 Speaker 2: It's not people being interviewed. It's not people being interviewed 1530 01:10:52,800 --> 01:10:56,479 Speaker 2: on planes. It's like did the plane taper down at 1531 01:10:56,479 --> 01:10:59,960 Speaker 2: the airport? Going there? She goes, she's off market now. 1532 01:11:00,280 --> 01:11:02,280 Speaker 24: Not talking about the other study, not the. 1533 01:11:04,560 --> 01:11:07,080 Speaker 2: Here's three people who know nothing about statistics. 1534 01:11:07,120 --> 01:11:08,160 Speaker 9: To mat No, I do. 1535 01:11:08,360 --> 01:11:11,240 Speaker 2: I take your point on the post election vibe thing, 1536 01:11:11,360 --> 01:11:13,519 Speaker 2: but but I thought the most interesting part of it 1537 01:11:13,640 --> 01:11:16,280 Speaker 2: was the death penalty. The majority of New Zealand and 1538 01:11:16,360 --> 01:11:17,720 Speaker 2: this is a yes or no thing. I mean, so 1539 01:11:17,840 --> 01:11:20,000 Speaker 2: when you ask somebody, do you want more healthcare spending? 1540 01:11:20,040 --> 01:11:23,280 Speaker 2: That's a stupid question, But do you favor the death penalty? 1541 01:11:23,360 --> 01:11:23,720 Speaker 9: Yes or no? 1542 01:11:23,800 --> 01:11:26,320 Speaker 2: It's a yes or no question. We've always the majority 1543 01:11:26,360 --> 01:11:28,920 Speaker 2: of New Zealanders have always favored the death penalty. And 1544 01:11:29,000 --> 01:11:29,880 Speaker 2: yet do you think we've got it? 1545 01:11:30,040 --> 01:11:30,080 Speaker 4: No? 1546 01:11:30,280 --> 01:11:32,000 Speaker 2: Will we know why not? 1547 01:11:33,760 --> 01:11:33,960 Speaker 9: Yeah? 1548 01:11:33,960 --> 01:11:34,640 Speaker 24: I don't believe it. 1549 01:11:34,960 --> 01:11:37,040 Speaker 2: Of course you don't, And I don't know why we 1550 01:11:37,120 --> 01:11:42,000 Speaker 2: run these believe it my whole life offer a last 1551 01:11:42,040 --> 01:11:46,320 Speaker 2: night for the last minute, a last minute life hack. Yes, 1552 01:11:47,200 --> 01:11:47,840 Speaker 2: you want more time. 1553 01:11:47,880 --> 01:11:50,599 Speaker 14: We're making a big fuss over King's birthday, all right. 1554 01:11:50,600 --> 01:11:53,960 Speaker 14: The last minute life hack is instant coffee. Instant coffee 1555 01:11:54,600 --> 01:11:57,519 Speaker 14: five minutes. It's five minutes less than the other than 1556 01:11:57,560 --> 01:12:00,559 Speaker 14: the smart coffee. Three cups a day. That's forteen minutes 1557 01:12:00,600 --> 01:12:03,200 Speaker 14: a day, ninety one hours a year, almost four days 1558 01:12:03,240 --> 01:12:03,519 Speaker 14: a week. 1559 01:12:03,560 --> 01:12:05,120 Speaker 9: We make a fuss over King's birthday. 1560 01:12:05,200 --> 01:12:08,800 Speaker 2: Give yourself an aw You can have a long weekend 1561 01:12:09,479 --> 01:12:12,240 Speaker 2: simply by drinking instant coffee, is what you're saying. Absolutely, 1562 01:12:12,600 --> 01:12:15,600 Speaker 2: that's actually not bad at the end of it. What 1563 01:12:15,760 --> 01:12:18,280 Speaker 2: do you believe, Katie, Well, I just. 1564 01:12:18,280 --> 01:12:20,320 Speaker 25: Don't believe those two studies you've raised this morning. I 1565 01:12:20,439 --> 01:12:22,519 Speaker 25: just can't believe either of them are correct in any way, 1566 01:12:22,520 --> 01:12:24,360 Speaker 25: shape or form. I think you're talking to probably an 1567 01:12:24,360 --> 01:12:28,000 Speaker 25: older generation in the long tunal study. I don't believe 1568 01:12:28,040 --> 01:12:30,600 Speaker 25: that that's current, even though they say they do it. 1569 01:12:30,920 --> 01:12:33,720 Speaker 25: And I know we don't have time to dissect how 1570 01:12:33,800 --> 01:12:35,000 Speaker 25: I think that works, but I don't. 1571 01:12:35,240 --> 01:12:36,360 Speaker 2: You've got you've got a long weekend. 1572 01:12:36,439 --> 01:12:38,680 Speaker 9: Now you guys can dig into the numbers. Get back 1573 01:12:38,680 --> 01:12:38,920 Speaker 9: to us. 1574 01:12:39,040 --> 01:12:41,160 Speaker 2: What's going to be a great weekend? Can you promise 1575 01:12:41,240 --> 01:12:42,760 Speaker 2: me over the next three days? Katie, you're not going 1576 01:12:42,840 --> 01:12:43,479 Speaker 2: to raise this again? 1577 01:12:45,720 --> 01:12:46,400 Speaker 24: Will you raise it? 1578 01:12:46,840 --> 01:12:48,439 Speaker 9: I didn't want to raise it, but I just don't 1579 01:12:48,479 --> 01:12:50,200 Speaker 9: believe Mike. 1580 01:12:50,400 --> 01:12:52,080 Speaker 2: I'm Mike, Mike. Lookout, lookout. 1581 01:12:52,080 --> 01:12:53,640 Speaker 12: It looks like she's going to give you a prejet mat. 1582 01:12:53,800 --> 01:12:53,960 Speaker 19: Wrong. 1583 01:12:55,200 --> 01:12:58,599 Speaker 2: Get the out and I'm going to your place. It's 1584 01:12:58,640 --> 01:13:01,320 Speaker 2: a twenty three Welcome. 1585 01:13:01,040 --> 01:13:04,519 Speaker 1: The Mic Hosking Breakfast with the Range, Rover Villa News 1586 01:13:04,560 --> 01:13:05,120 Speaker 1: Toms B. 1587 01:13:05,920 --> 01:13:07,200 Speaker 2: Now tell you what have you been waiting for the 1588 01:13:07,280 --> 01:13:09,360 Speaker 2: right time to stock up on those big brand vitamins 1589 01:13:09,400 --> 01:13:12,479 Speaker 2: your favorites. Time has come Chemist Warehouse Mayhem Mega sale 1590 01:13:12,520 --> 01:13:15,360 Speaker 2: that's on right now in store online. Yes, yes, yes, 1591 01:13:16,439 --> 01:13:17,080 Speaker 2: up to half price. 1592 01:13:17,160 --> 01:13:17,760 Speaker 9: So what have we got? 1593 01:13:17,800 --> 01:13:19,400 Speaker 2: We've got the Go Health. You got the Go Health 1594 01:13:20,040 --> 01:13:21,760 Speaker 2: up to half price. You've got your Health frees You've 1595 01:13:21,760 --> 01:13:24,080 Speaker 2: got your Neutral Life Vitamins up to half price. Live 1596 01:13:24,200 --> 01:13:26,360 Speaker 2: Stream and Healthy Care Vitamins they're up to half price. 1597 01:13:26,479 --> 01:13:28,679 Speaker 2: Nature's Weigh Clinicians, you've got it up to half price. 1598 01:13:28,920 --> 01:13:32,040 Speaker 2: Black Moors and Sweets up to half price. It doesn't 1599 01:13:32,040 --> 01:13:34,559 Speaker 2: stop there. You can find me Today and Nature's Wigh 1600 01:13:34,640 --> 01:13:36,720 Speaker 2: Vitamins our for up to heart price. So this is 1601 01:13:36,760 --> 01:13:39,000 Speaker 2: the sale you've been waiting for. All the bargains are 1602 01:13:39,040 --> 01:13:40,960 Speaker 2: there in store or online. Stop paying too much, for 1603 01:13:41,000 --> 01:13:44,600 Speaker 2: goodness sake, these great chemists Warehouse may Mega Mayhem or 1604 01:13:44,720 --> 01:13:47,840 Speaker 2: Mayhem megasale that office that ends the fourth of June 1605 01:13:47,920 --> 01:13:50,800 Speaker 2: see basically at the weekend. Teas and season exclusions apply, 1606 01:13:50,960 --> 01:13:54,840 Speaker 2: but do stop paying too much with Chemists Warehouse make 1607 01:13:54,920 --> 01:13:57,760 Speaker 2: My grandchildren brother and sister pulled their capital bought a 1608 01:13:57,800 --> 01:14:00,840 Speaker 2: three bedroom house they share twenty four to twenty sixty respectably. 1609 01:14:01,320 --> 01:14:03,320 Speaker 2: No help from the bank or mum and dad or grandparents. 1610 01:14:03,360 --> 01:14:05,120 Speaker 2: It can be done with some sacrifices. Be us at 1611 01:14:05,160 --> 01:14:06,640 Speaker 2: home with friends and good happy times. So you go 1612 01:14:06,760 --> 01:14:08,880 Speaker 2: well done. That's a good story. That's an uplifting story. Mike, 1613 01:14:09,240 --> 01:14:12,040 Speaker 2: my partner and I late twenties have just gone unconditional 1614 01:14:12,120 --> 01:14:15,400 Speaker 2: on a standalone and pocketcoe, no help from parents or family. 1615 01:14:15,439 --> 01:14:17,639 Speaker 2: We've been saving and slogging for years and have finally 1616 01:14:17,720 --> 01:14:19,800 Speaker 2: got there. People my age are afraid of hard work 1617 01:14:19,960 --> 01:14:21,639 Speaker 2: and always seem to want the newest splash of schedule. 1618 01:14:21,680 --> 01:14:23,439 Speaker 2: It's a very good point. It's all about the attitude. 1619 01:14:23,479 --> 01:14:26,280 Speaker 2: As I keep saying, if you believe you'll never going 1620 01:14:26,360 --> 01:14:27,880 Speaker 2: to own a home, you never will, and if you 1621 01:14:27,920 --> 01:14:30,920 Speaker 2: believe you can, you will. Murray's all over the place 1622 01:14:31,439 --> 01:14:33,920 Speaker 2: because there's so much going on. We've got the gas 1623 01:14:34,040 --> 01:14:37,400 Speaker 2: deal in Wa which is massive, which is ironic because 1624 01:14:37,439 --> 01:14:41,719 Speaker 2: that's a labor government backing gas exploration. Wake up, Chippy. 1625 01:14:42,560 --> 01:14:45,000 Speaker 2: We've got the Darwin Port thing which went from Chinese 1626 01:14:45,040 --> 01:14:46,800 Speaker 2: to America. So it's all go Australia. 1627 01:14:46,880 --> 01:14:52,880 Speaker 1: Next news opinion and everything in between. The Mike Hosking 1628 01:14:52,960 --> 01:14:57,280 Speaker 1: Breakfast with Bailey's real Estate, your local experts across residential, 1629 01:14:57,320 --> 01:14:58,760 Speaker 1: commercial and rural news. 1630 01:14:58,840 --> 01:15:00,360 Speaker 12: Togs Head been we ought to. 1631 01:15:00,400 --> 01:15:03,080 Speaker 2: Worked a school, holidays at pack and Say from age fifteen, 1632 01:15:03,160 --> 01:15:05,880 Speaker 2: had three part time jobs through UNI and now works 1633 01:15:05,960 --> 01:15:08,439 Speaker 2: full time. Last year she brought a standalone three bed 1634 01:15:08,520 --> 01:15:11,000 Speaker 2: in Glenfield, age twenty four. Well good on her, how 1635 01:15:11,040 --> 01:15:12,840 Speaker 2: do you go to Union and have part time jobs. 1636 01:15:12,880 --> 01:15:15,240 Speaker 2: I've had people at UNI, got people at UNI currently, 1637 01:15:16,520 --> 01:15:20,640 Speaker 2: even on a regular sort of degree, Getting work of 1638 01:15:20,760 --> 01:15:24,240 Speaker 2: any great substance strikes me as being reasonably difficult. And 1639 01:15:24,240 --> 01:15:26,200 Speaker 2: I'm not talking about the type labor market. I'm talking 1640 01:15:26,200 --> 01:15:30,000 Speaker 2: about time away from study. If you're serious about study. 1641 01:15:30,000 --> 01:15:31,720 Speaker 2: I mean, obviously, if you're just asking about you can 1642 01:15:31,720 --> 01:15:33,160 Speaker 2: gave you a job and you're not really at UNI, 1643 01:15:33,240 --> 01:15:37,040 Speaker 2: are you. But if you're taking UNI seriously, getting three 1644 01:15:37,120 --> 01:15:39,400 Speaker 2: part time jobs strikes me is somewhat impossible. But the 1645 01:15:39,479 --> 01:15:41,160 Speaker 2: age of twenty four, well done, you can argue with that. 1646 01:15:41,240 --> 01:15:42,360 Speaker 2: Twenty three minutes away from. 1647 01:15:42,320 --> 01:15:46,400 Speaker 16: Nine International correspondence with ends and eye insurance, peace of 1648 01:15:46,479 --> 01:15:47,759 Speaker 16: mind for New Zealand business. 1649 01:15:47,920 --> 01:15:50,599 Speaker 2: Murray, how are you going, Michael? 1650 01:15:50,720 --> 01:15:52,760 Speaker 9: Very good morning? Clear, Yeah, pretty well, thank you. At 1651 01:15:52,760 --> 01:15:54,160 Speaker 9: the end of the working week. 1652 01:15:54,400 --> 01:15:58,200 Speaker 2: So can you explain to me. I love the Warriors, 1653 01:15:59,120 --> 01:16:03,479 Speaker 2: but I've never really understood the fascination of our state 1654 01:16:03,520 --> 01:16:06,960 Speaker 2: of origin. But I look at the ratings this week 1655 01:16:07,000 --> 01:16:09,200 Speaker 2: at three point seventy five to five million, it's a 1656 01:16:09,280 --> 01:16:14,560 Speaker 2: record huge, Yeah, absolutely, it beats everything hands down, and 1657 01:16:14,840 --> 01:16:16,640 Speaker 2: it's just like, what is it about it? 1658 01:16:17,200 --> 01:16:19,080 Speaker 9: I mean, well, look it, it's been around for a 1659 01:16:19,120 --> 01:16:22,720 Speaker 9: long time, I think nineteen eighty eighty one, you know, 1660 01:16:22,840 --> 01:16:25,519 Speaker 9: and they've had classic, you know, absolute legends of the 1661 01:16:25,600 --> 01:16:28,880 Speaker 9: game down the years, Arthur Beats and Wally Lewis, the 1662 01:16:29,000 --> 01:16:29,679 Speaker 9: list goes. 1663 01:16:29,560 --> 01:16:32,720 Speaker 2: On, and the legends for other things, weren't they. I 1664 01:16:32,800 --> 01:16:35,479 Speaker 2: mean Wally Lewis Brisbane Bronco. He was like, that's that's 1665 01:16:35,479 --> 01:16:36,519 Speaker 2: what he became famous for. 1666 01:16:37,360 --> 01:16:40,640 Speaker 9: But Origin, Origin has this special place and some of 1667 01:16:40,680 --> 01:16:43,920 Speaker 9: the characters they were already big in the standard rugby 1668 01:16:44,000 --> 01:16:47,400 Speaker 9: league competition when Origin became a thing. It was marketed, 1669 01:16:47,560 --> 01:16:52,920 Speaker 9: stayed against State, made against Mike car and it's just 1670 01:16:53,040 --> 01:16:56,080 Speaker 9: really it's taken its as a whole life attached it 1671 01:16:56,160 --> 01:16:56,719 Speaker 9: to Origin. 1672 01:16:56,840 --> 01:16:59,639 Speaker 2: Well here's yeah, but here's my next point. State against State. 1673 01:16:59,800 --> 01:17:01,679 Speaker 2: This was back in the days when it was only 1674 01:17:01,720 --> 01:17:03,840 Speaker 2: two states playing the game. You go to Victoria. Now 1675 01:17:03,960 --> 01:17:06,960 Speaker 2: it's big in Victoria, it's big in South Australia. It's 1676 01:17:07,000 --> 01:17:10,479 Speaker 2: so how do you feel in Perth watching two states 1677 01:17:10,560 --> 01:17:12,120 Speaker 2: that you don't care about play each other? 1678 01:17:12,760 --> 01:17:15,640 Speaker 9: And yeah, but don't forget the new Bears team in 1679 01:17:15,760 --> 01:17:18,320 Speaker 9: Perth will have some Queenslanders in it. We'll have some 1680 01:17:18,439 --> 01:17:20,400 Speaker 9: kiwis in it for that matter, and no doubt some 1681 01:17:20,479 --> 01:17:23,840 Speaker 9: New South Wales people, so it's marketed as Queensland New 1682 01:17:23,920 --> 01:17:27,519 Speaker 9: South Wales. I'm not surprised to see that enormous ratings 1683 01:17:27,640 --> 01:17:30,240 Speaker 9: figure and what a spanking for Queensland. Come on the 1684 01:17:30,320 --> 01:17:33,240 Speaker 9: Blues for it could have been bigger. 1685 01:17:33,680 --> 01:17:36,360 Speaker 2: I was looking old Colin Boyce. I don't know whether 1686 01:17:36,439 --> 01:17:39,720 Speaker 2: Colin's famous, but he's a Queensland Nationals MP and I 1687 01:17:40,000 --> 01:17:42,920 Speaker 2: like people who speak their mind one hundred percent disappointed. 1688 01:17:43,040 --> 01:17:45,800 Speaker 2: I'm furious. So those Nationals, that whole National Libs thing 1689 01:17:46,600 --> 01:17:48,679 Speaker 2: still looks to me, despite the fact they're back together 1690 01:17:49,000 --> 01:17:49,679 Speaker 2: like a mess. 1691 01:17:50,680 --> 01:17:52,800 Speaker 9: Well there's a mess. It's a total mess. I mean, 1692 01:17:53,200 --> 01:17:57,559 Speaker 9: both sides hate each other, particularly the way the split 1693 01:17:57,760 --> 01:18:01,720 Speaker 9: was engineered by the Nationals leader David Little Proud. They 1694 01:18:01,760 --> 01:18:04,599 Speaker 9: reckon he's on borrow time. His party room is furious 1695 01:18:04,640 --> 01:18:08,599 Speaker 9: with them. He made them look like an absolute pack 1696 01:18:08,640 --> 01:18:13,080 Speaker 9: of country bumpkins. And I mean, here's the thing, it 1697 01:18:13,200 --> 01:18:15,880 Speaker 9: was never going to be a happy relationship given the 1698 01:18:16,880 --> 01:18:20,320 Speaker 9: scale of the shellacking they copped the last election. The 1699 01:18:20,439 --> 01:18:22,800 Speaker 9: National Party can rightly point to the Liberals and say, 1700 01:18:22,880 --> 01:18:25,559 Speaker 9: you guys let us down. We hung on to our seats. 1701 01:18:25,800 --> 01:18:28,280 Speaker 9: You guys are the ones who collapsed. And you know 1702 01:18:29,280 --> 01:18:32,320 Speaker 9: that is a legitimate criticism. The Liberals, of course, hate 1703 01:18:32,360 --> 01:18:34,759 Speaker 9: the fact that the Nationals and this little country bumpkin 1704 01:18:34,880 --> 01:18:37,599 Speaker 9: rump who are now it's the tail wagging the dog. 1705 01:18:37,960 --> 01:18:41,280 Speaker 9: Susan Lee's come out with her shadow ministry, Mike. You 1706 01:18:41,360 --> 01:18:44,280 Speaker 9: can read the tea leaves. She's rewarded her supporters. She's 1707 01:18:44,320 --> 01:18:47,360 Speaker 9: given the flick to turncoats like Jacenter Price, who was 1708 01:18:47,400 --> 01:18:49,920 Speaker 9: then grizzling and mumbling, or I don't think it was 1709 01:18:50,520 --> 01:18:52,719 Speaker 9: done on merit. It's never done on merit. It's always 1710 01:18:52,760 --> 01:18:55,160 Speaker 9: done on factions. You know that. Well, she only been 1711 01:18:55,200 --> 01:18:58,160 Speaker 9: there two minutes only, it's the first term, it's only 1712 01:18:58,240 --> 01:19:00,160 Speaker 9: her second term in parliament, and yet she thinks she's 1713 01:19:00,200 --> 01:19:02,480 Speaker 9: going to be Prime Minister next week. It's just ridiculous. 1714 01:19:02,840 --> 01:19:06,559 Speaker 9: So what you've got now, she has demoted as Susan Lee, 1715 01:19:06,680 --> 01:19:10,040 Speaker 9: the first female Liberal leader, has devoted a lot of 1716 01:19:10,160 --> 01:19:14,280 Speaker 9: very high performing women who apparently did not support her. 1717 01:19:14,320 --> 01:19:17,120 Speaker 9: They supported Angus Taylor and the leadership ballot, so they 1718 01:19:17,160 --> 01:19:19,400 Speaker 9: have been shown the door as well. Look, it's a 1719 01:19:19,520 --> 01:19:22,840 Speaker 9: mess anyway you look at it. Albert easy unless there's 1720 01:19:22,880 --> 01:19:25,800 Speaker 9: some catastrophic blow up of the labor government over here. 1721 01:19:26,320 --> 01:19:28,880 Speaker 9: I've got another two terms in office. There's no way 1722 01:19:29,040 --> 01:19:31,280 Speaker 9: they can come back forty or fifty seats behind and 1723 01:19:31,360 --> 01:19:32,439 Speaker 9: win government next election. 1724 01:19:32,560 --> 01:19:35,280 Speaker 2: Now, speaking of labor, I'm talking to Chris Hipkins this week. 1725 01:19:35,479 --> 01:19:37,920 Speaker 2: He's the opposition leader in this country. I run into him, 1726 01:19:37,920 --> 01:19:39,640 Speaker 2: so we're having a chat and I'm trying to educate him. 1727 01:19:40,080 --> 01:19:42,120 Speaker 2: And so what I'm saying is, so what they did 1728 01:19:42,240 --> 01:19:44,760 Speaker 2: is a labor government here is they banned all exploration 1729 01:19:44,840 --> 01:19:47,560 Speaker 2: of oil and gas. Right, so how stupid guess what 1730 01:19:47,600 --> 01:19:49,479 Speaker 2: happened there? Well, we ran out of oil and gas 1731 01:19:49,640 --> 01:19:53,280 Speaker 2: and we second guess ourselves every cold morning in winter 1732 01:19:53,320 --> 01:19:55,679 Speaker 2: because we don't have enough power. Yet there's a labor 1733 01:19:55,720 --> 01:19:57,800 Speaker 2: government just across the Tasman. I say to Chris, just 1734 01:19:57,840 --> 01:20:00,439 Speaker 2: across the Tasman, there's a labor government who give the 1735 01:20:00,520 --> 01:20:02,519 Speaker 2: go ahead for gas production. Why do they do that? 1736 01:20:02,800 --> 01:20:05,200 Speaker 2: Because people quite like the lights. 1737 01:20:04,960 --> 01:20:07,960 Speaker 9: On they do. It's a funny thing, isn't it. Twenty 1738 01:20:07,960 --> 01:20:10,400 Speaker 9: first century, twenty twenty five, We do like a lights on. 1739 01:20:10,760 --> 01:20:17,000 Speaker 9: That's why this Northwest Shelf project by Woodside Woodsides, the developer, 1740 01:20:17,320 --> 01:20:20,280 Speaker 9: it applied. Oh if I said ten years ago it 1741 01:20:20,439 --> 01:20:24,880 Speaker 9: wanted to expand this project out beyond twenty thirty. It 1742 01:20:24,960 --> 01:20:29,639 Speaker 9: wanted an extra extension by forty years out to twenty seventy. 1743 01:20:30,000 --> 01:20:34,800 Speaker 9: And that's exactly what this brand new, newly reindorsed Labor 1744 01:20:34,840 --> 01:20:37,720 Speaker 9: government of Albanzi has given them. They're going to be 1745 01:20:37,800 --> 01:20:42,200 Speaker 9: able to expand the development of this project up there, 1746 01:20:43,240 --> 01:20:45,559 Speaker 9: it's six years a big department. That's how long ago 1747 01:20:45,640 --> 01:20:48,360 Speaker 9: they applied for this extension. So they've got that out 1748 01:20:48,400 --> 01:20:52,599 Speaker 9: to twenty seventy. Basically, what's going to happen. Woodside will 1749 01:20:52,680 --> 01:20:56,120 Speaker 9: keep on operating this facility, it won't necessarily stay in 1750 01:20:56,200 --> 01:20:58,760 Speaker 9: operation until that date. And there's not going to be 1751 01:20:58,800 --> 01:21:01,559 Speaker 9: any new gas fields developed. So the Greens are saying, oh, 1752 01:21:01,680 --> 01:21:05,160 Speaker 9: it's disgraceful fossil fuel blah blah blah. But Labor is 1753 01:21:05,200 --> 01:21:09,400 Speaker 9: well aware, well aware that the rollout of renewables, wind 1754 01:21:09,600 --> 01:21:12,920 Speaker 9: and solar power is not going as fast as they 1755 01:21:13,000 --> 01:21:15,160 Speaker 9: would like. You're going to have to have something to 1756 01:21:15,520 --> 01:21:19,240 Speaker 9: firm up that power supply, and no one is no 1757 01:21:19,360 --> 01:21:23,160 Speaker 9: one anywhere in Australia, no banks, no superinnuation funds are 1758 01:21:23,200 --> 01:21:26,160 Speaker 9: willing to invest in new coal fired power stakes. So 1759 01:21:26,240 --> 01:21:27,720 Speaker 9: where's it going to come from. It's going to come 1760 01:21:27,720 --> 01:21:28,240 Speaker 9: from gas. 1761 01:21:28,160 --> 01:21:30,240 Speaker 2: Mitright, and give us quickie, just real quick on this 1762 01:21:30,400 --> 01:21:34,360 Speaker 2: Darwin thing, which was the Chinese had the lease election issue. 1763 01:21:34,479 --> 01:21:37,719 Speaker 2: Now the equity firm out of America comes and who 1764 01:21:37,920 --> 01:21:40,000 Speaker 2: what does Elbow want? Who does he care who owns 1765 01:21:40,040 --> 01:21:40,360 Speaker 2: it or not? 1766 01:21:41,160 --> 01:21:43,360 Speaker 9: Yes, he does. He wants it in Australian hands. Doesn't 1767 01:21:43,360 --> 01:21:46,000 Speaker 9: want Americans running it, doesn't want certainly the Chinese running it, 1768 01:21:46,080 --> 01:21:48,639 Speaker 9: even though the Chinese ambassadors hit this week land Bridge, 1769 01:21:48,680 --> 01:21:50,960 Speaker 9: which is the Chinese company, we have the deal, we 1770 01:21:51,080 --> 01:21:52,920 Speaker 9: have the deal. We should be allowed to keep on. 1771 01:21:53,240 --> 01:21:58,120 Speaker 9: You're cracking jokes, Chinese ambassador out of the way. For 1772 01:21:58,240 --> 01:22:01,120 Speaker 9: some bizarre reason, this deal was signed in twenty fifteen, 1773 01:22:01,240 --> 01:22:04,960 Speaker 9: giving a Chinese company a ninety nine year lease over 1774 01:22:05,160 --> 01:22:09,040 Speaker 9: the most probably the most strategic port in Australia. Well, 1775 01:22:09,200 --> 01:22:11,840 Speaker 9: alberiz he wants that back. He's made no secret of 1776 01:22:11,840 --> 01:22:13,920 Speaker 9: the fact that went to the election saying this. Both 1777 01:22:13,960 --> 01:22:16,080 Speaker 9: sides in fact went to the election saying this and 1778 01:22:16,280 --> 01:22:20,440 Speaker 9: Australia a bigger pardon. Alberizi is now looking at Australian's 1779 01:22:20,439 --> 01:22:23,639 Speaker 9: superannuation funds to step in and take over this lease. 1780 01:22:23,680 --> 01:22:26,320 Speaker 9: He wants it in Australian hands. He's determined to get it. 1781 01:22:26,560 --> 01:22:29,720 Speaker 2: Do you have King's Birthday weekend at all? And if 1782 01:22:29,800 --> 01:22:30,479 Speaker 2: you do, winners it? 1783 01:22:31,720 --> 01:22:32,760 Speaker 9: You know? I don't know. 1784 01:22:34,040 --> 01:22:37,479 Speaker 2: I think if we do, you have a queen birthday? 1785 01:22:37,720 --> 01:22:39,600 Speaker 2: You must have had Queen's birthday? Well did you not? 1786 01:22:39,800 --> 01:22:42,040 Speaker 9: Yeah, Queen's birth I'm just not sure about her son. 1787 01:22:42,160 --> 01:22:44,240 Speaker 9: I'm just not sure about the King. Look, if there 1788 01:22:44,320 --> 01:22:44,439 Speaker 9: was a. 1789 01:22:44,439 --> 01:22:49,040 Speaker 2: Birthday Monday June, it might be in a couple of weeks, 1790 01:22:49,680 --> 01:22:52,040 Speaker 2: even though I'm a royalist. Yeah, well, I mean, why 1791 01:22:52,040 --> 01:22:54,400 Speaker 2: wouldn't you celebrate the King's birthday and second second Monday 1792 01:22:54,400 --> 01:22:57,040 Speaker 2: of June, So that would be this this Monday week? 1793 01:22:58,720 --> 01:23:00,880 Speaker 9: It would be No, it would be Onday coming up. 1794 01:23:01,160 --> 01:23:03,679 Speaker 2: No, that's the second, first Monday. That's the first Monday, Murray. 1795 01:23:03,760 --> 01:23:05,040 Speaker 2: The second Monday is Monday week. 1796 01:23:05,800 --> 01:23:09,120 Speaker 9: Oh, I beg your pardon. I'll find out, mate, I'll 1797 01:23:09,120 --> 01:23:09,559 Speaker 9: take it away. 1798 01:23:09,600 --> 01:23:10,960 Speaker 2: So I've just given you a day off for the 1799 01:23:11,000 --> 01:23:13,519 Speaker 2: second Monday for goodness saying I'm here to help me. 1800 01:23:14,040 --> 01:23:15,120 Speaker 9: Good. Thank you very much. 1801 01:23:15,240 --> 01:23:18,240 Speaker 2: You see Murray olds across the Tasman for us A forty. 1802 01:23:18,000 --> 01:23:23,600 Speaker 1: Five the Mike Asking Breakfast Full Show podcast on iHeartRadio 1803 01:23:23,840 --> 01:23:25,280 Speaker 1: powered by News Talk, said. 1804 01:23:25,120 --> 01:23:28,559 Speaker 2: B just Monday week except for Queensland and WA when 1805 01:23:28,600 --> 01:23:32,679 Speaker 2: it's in what do we say October? That's the federalism system. 1806 01:23:32,720 --> 01:23:37,280 Speaker 2: It's a ridiculous system. Honda, by the way, have made 1807 01:23:37,360 --> 01:23:43,320 Speaker 2: this is quite something. Cumulutive global production of motorcycles. They 1808 01:23:43,479 --> 01:23:47,200 Speaker 2: hit this week five hundred million, half a billion, seventy 1809 01:23:47,320 --> 01:23:50,439 Speaker 2: six years after they began mass production back in forty 1810 01:23:50,560 --> 01:23:54,120 Speaker 2: nine of the dream D type. That's when words were 1811 01:23:54,200 --> 01:23:56,720 Speaker 2: used properly, the dream. Because you aspire to something with 1812 01:23:56,800 --> 01:23:59,439 Speaker 2: a word and dream, don't you, the dream D type. 1813 01:23:59,439 --> 01:24:03,080 Speaker 2: That's why b ideas successful, build your dream. More than 1814 01:24:03,120 --> 01:24:05,320 Speaker 2: twenty percent of those particular bites just one model line, 1815 01:24:05,360 --> 01:24:08,639 Speaker 2: the Super Cub that came out in nineteen fifty eight. 1816 01:24:09,080 --> 01:24:12,160 Speaker 2: Credible number of scooters. Never owned a scooter, only driven 1817 01:24:12,200 --> 01:24:14,720 Speaker 2: a scooter twice. Never really liked them. That step through thing, 1818 01:24:15,120 --> 01:24:17,000 Speaker 2: not into the step through, remember the step through again, 1819 01:24:17,080 --> 01:24:19,960 Speaker 2: not really into it. Do you want to talk about 1820 01:24:19,960 --> 01:24:22,320 Speaker 2: people who have kids who have bought houses, or how 1821 01:24:22,400 --> 01:24:25,160 Speaker 2: the EV market's going to get up ended? I don't 1822 01:24:25,160 --> 01:24:29,120 Speaker 2: know what to do. My daughter completed completed I'm assuming, 1823 01:24:29,160 --> 01:24:32,960 Speaker 2: and architecture degree followed up with the design degree worked 1824 01:24:33,000 --> 01:24:35,560 Speaker 2: through both. We couldn't assist her as parents. Although a 1825 01:24:35,600 --> 01:24:37,720 Speaker 2: top five percent student, she didn't get a scholarship. They 1826 01:24:37,840 --> 01:24:40,400 Speaker 2: seem to go to those whose parents could help anyhow, 1827 01:24:40,800 --> 01:24:42,960 Speaker 2: currently working, has just been headhunted for a new position. 1828 01:24:43,000 --> 01:24:45,559 Speaker 2: She's twenty eight. What a great story, Mike. Very much 1829 01:24:45,600 --> 01:24:47,200 Speaker 2: depends on the degree you do. I did a b 1830 01:24:47,360 --> 01:24:49,920 Speaker 2: com in marketing work fifteen hours a week in a 1831 01:24:49,960 --> 01:24:53,599 Speaker 2: boo shop, no problem. Obviously, more serious degrees like medicine 1832 01:24:53,640 --> 01:24:57,760 Speaker 2: are more demanding. My son's nineteen, just been preapproved on 1833 01:24:57,840 --> 01:24:59,920 Speaker 2: a first home. I got them started in Kiwi Saber 1834 01:25:00,000 --> 01:25:02,840 Speaker 2: about ten years ago, so it was nine that helped. 1835 01:25:03,120 --> 01:25:06,240 Speaker 2: I've not charged him rent as here a great saver, 1836 01:25:06,360 --> 01:25:07,840 Speaker 2: so I thought a better way to help him get ahead. 1837 01:25:07,880 --> 01:25:10,200 Speaker 2: That's not bad going, Chris, well done you. I note 1838 01:25:10,240 --> 01:25:13,759 Speaker 2: that the new guy in Germany Mertz Meritz. Everyone's pronouncing 1839 01:25:13,800 --> 01:25:18,880 Speaker 2: it Mertz, it's Mertz. Anyway. He's looking at introducing a 1840 01:25:18,920 --> 01:25:21,920 Speaker 2: saving scheme for six year olds in Germany. Solve a 1841 01:25:21,960 --> 01:25:24,599 Speaker 2: problem long term, get the six year olds into it. Incredible, 1842 01:25:24,640 --> 01:25:27,280 Speaker 2: isn't it? Smart guy? I think Germany's on the way Back. 1843 01:25:27,360 --> 01:25:30,640 Speaker 2: Germany was once great, hasn't been lately, could well be 1844 01:25:30,720 --> 01:25:31,320 Speaker 2: on the way back. 1845 01:25:31,520 --> 01:25:35,360 Speaker 1: Ten to nine The Myke Costing Breakfast with Bailey's Real 1846 01:25:35,479 --> 01:25:36,760 Speaker 1: Estate news Dogs. 1847 01:25:36,479 --> 01:25:38,720 Speaker 2: There'd be We've all heard stories about cold damp on 1848 01:25:38,800 --> 01:25:41,880 Speaker 2: healthy homes. You might have even experienced some of that 1849 01:25:41,960 --> 01:25:44,240 Speaker 2: yourself are So it's times to say not to all 1850 01:25:44,280 --> 01:25:47,200 Speaker 2: that nonsense. No to the windows crying condensation, No to 1851 01:25:47,280 --> 01:25:51,960 Speaker 2: mold and mildew and allergy triggers. So the solution drier, healthier, 1852 01:25:52,040 --> 01:25:52,760 Speaker 2: more comfortable home. 1853 01:25:52,800 --> 01:25:53,600 Speaker 9: How do you do that? Will you? 1854 01:25:54,120 --> 01:25:56,759 Speaker 2: You say a simple yes, yes, yes, yes to DVS 1855 01:25:57,160 --> 01:26:00,760 Speaker 2: thirty years of fresh air insdale Erat technology. It's been 1856 01:26:00,760 --> 01:26:03,960 Speaker 2: transforming Kiwi homes and lives. Of course, heat pumps, sinsulation, 1857 01:26:04,080 --> 01:26:05,640 Speaker 2: extract a fans and the like. They're all part of 1858 01:26:05,680 --> 01:26:08,759 Speaker 2: the healthy home puzzle. But without the DVS home ventilation, 1859 01:26:09,120 --> 01:26:12,000 Speaker 2: your home can't breathe and that's what causes the condensation. 1860 01:26:12,360 --> 01:26:14,759 Speaker 2: So it's not just for the older homes. New homes 1861 01:26:14,760 --> 01:26:18,479 Speaker 2: are built tight, but they don't ventilate, right, So this 1862 01:26:18,600 --> 01:26:20,400 Speaker 2: is where DBS comes in. They got the solution for 1863 01:26:20,479 --> 01:26:23,599 Speaker 2: the new builds as well, So say yes to DBS. 1864 01:26:23,800 --> 01:26:26,240 Speaker 2: Your healthy home is not complete without it. And where 1865 01:26:26,240 --> 01:26:29,559 Speaker 2: do you go for this simple eight hundred dbsdbs? How 1866 01:26:29,600 --> 01:26:34,040 Speaker 2: could satday eight hundred DBSDBS or online at DBS dot 1867 01:26:34,120 --> 01:26:37,439 Speaker 2: co dot nz for all the help you need asking 1868 01:26:37,840 --> 01:26:40,479 Speaker 2: awareness of potential. So I don't know, No, that's I've 1869 01:26:40,479 --> 01:26:42,519 Speaker 2: come back to that one around time for ReBs today, Mike. 1870 01:26:42,600 --> 01:26:46,000 Speaker 2: My daughter did a double degree law and arts did well, 1871 01:26:46,080 --> 01:26:47,960 Speaker 2: worked into need in the whole way through. Not possible 1872 01:26:47,960 --> 01:26:50,439 Speaker 2: for my daughter in medicine to miniasia. That's true. I speak, 1873 01:26:50,520 --> 01:26:51,920 Speaker 2: I speak from I was going to say, I speak 1874 01:26:51,920 --> 01:26:53,720 Speaker 2: from personal experience. I didn't go to med school, but 1875 01:26:54,040 --> 01:26:56,040 Speaker 2: I have a daughter of his. By the way, mars 1876 01:26:56,160 --> 01:26:59,519 Speaker 2: as in the Lolly people, not the planet. They've announced 1877 01:26:59,560 --> 01:27:02,160 Speaker 2: that their take making the taking an ingredient out of 1878 01:27:02,200 --> 01:27:06,320 Speaker 2: their skittles, the cizarfk for one of the color editives. 1879 01:27:06,600 --> 01:27:09,080 Speaker 2: It's been banned in the EU for since twenty twenty two. 1880 01:27:10,920 --> 01:27:15,800 Speaker 2: It's called titanium dioxide. Can you can you it's a 1881 01:27:15,920 --> 01:27:19,320 Speaker 2: it's a color. Basically, can you believe if you eat 1882 01:27:19,360 --> 01:27:25,479 Speaker 2: this crap that you eat willingly titanium dioxide? And they 1883 01:27:25,680 --> 01:27:31,000 Speaker 2: take some titanium dioxide and they put it on the chocolate, 1884 01:27:31,640 --> 01:27:34,880 Speaker 2: and they put it in a packet and they go suckers. 1885 01:27:35,360 --> 01:27:35,840 Speaker 12: Well, hang on. 1886 01:27:36,160 --> 01:27:38,160 Speaker 18: So we had doctor Olivy on earlier in the week 1887 01:27:38,200 --> 01:27:40,120 Speaker 18: telling us to eat iron. We're not supposed to eat. 1888 01:27:40,560 --> 01:27:42,560 Speaker 2: Don't you go down that track with me. 1889 01:27:43,000 --> 01:27:44,040 Speaker 12: I'm just going to go off and do some of 1890 01:27:44,120 --> 01:27:44,799 Speaker 12: my own research. 1891 01:27:44,960 --> 01:27:46,360 Speaker 2: Five minutes away from nine. 1892 01:27:47,320 --> 01:27:51,880 Speaker 1: Trending now with chemist well House, Maya megasales on now. 1893 01:27:52,040 --> 01:27:53,920 Speaker 2: Now the Big Beautiful Bill. This is Trump sort of 1894 01:27:54,040 --> 01:27:56,160 Speaker 2: let's add some more money into the debt pile, which 1895 01:27:56,200 --> 01:27:58,120 Speaker 2: is a weird thing giving such a conservative, but it 1896 01:27:58,120 --> 01:28:01,519 Speaker 2: adds three point three trillion federal deficits over the next 1897 01:28:01,600 --> 01:28:06,320 Speaker 2: ten years. Increasingly Republicans are against the fafili obvious reasons. 1898 01:28:06,439 --> 01:28:11,479 Speaker 2: But fortunately, and this is Trump's genius, he has doctor, 1899 01:28:11,720 --> 01:28:16,880 Speaker 2: if not Professor Emerisus Carolyn Leavitt with the truth. 1900 01:28:17,040 --> 01:28:19,360 Speaker 26: Growth will average three percent in the long run after 1901 01:28:19,400 --> 01:28:22,000 Speaker 26: the one Big Beautiful Bill is passed, which is nearly 1902 01:28:22,120 --> 01:28:25,960 Speaker 26: double the ridiculous CBO projection. This higher growth would result 1903 01:28:26,040 --> 01:28:29,240 Speaker 26: in four point one trillion dollars in additional revenue over 1904 01:28:29,280 --> 01:28:32,599 Speaker 26: the next ten years. Between the common sense spending reforms 1905 01:28:32,640 --> 01:28:35,120 Speaker 26: contained in the one big, Beautiful Bill and the robust 1906 01:28:35,200 --> 01:28:37,640 Speaker 26: economic growth that will be generated as a result of it, 1907 01:28:38,000 --> 01:28:40,800 Speaker 26: there will be no increase to the deficit. The same 1908 01:28:40,840 --> 01:28:43,960 Speaker 26: analysis from the CEA shows just how this historic package 1909 01:28:44,000 --> 01:28:47,679 Speaker 26: will unleash prosperity and ignite a blue collar boom across America. 1910 01:28:47,840 --> 01:28:53,360 Speaker 2: She my kind of woman, love a woman with the figures. Okay, ConA, 1911 01:28:53,520 --> 01:28:55,479 Speaker 2: you of that. Tell me what bit of that was wrong? 1912 01:28:56,280 --> 01:28:57,960 Speaker 2: Tell me what bit of that she just might up? 1913 01:28:58,560 --> 01:29:01,400 Speaker 2: Come on, what have we got this weekend? I'm just 1914 01:29:01,439 --> 01:29:03,479 Speaker 2: having a look, by the way, Complete unknown. Just some 1915 01:29:03,560 --> 01:29:06,000 Speaker 2: recommendation for the television viewing, Complete unknown. If you haven't 1916 01:29:06,000 --> 01:29:08,960 Speaker 2: seen it yet, quite good, well worth it. You won't 1917 01:29:08,960 --> 01:29:12,160 Speaker 2: disappoint yourself. And what else can I recommend? That's quite good? 1918 01:29:12,320 --> 01:29:16,240 Speaker 2: I finished Tucci last night on National Geographic, five episodes 1919 01:29:16,280 --> 01:29:18,240 Speaker 2: around Italy. If you like Italy, if you like food, 1920 01:29:18,760 --> 01:29:20,759 Speaker 2: I like him. I like the food, I like Italy. 1921 01:29:20,880 --> 01:29:24,679 Speaker 2: So it all gelled quite nicely. He had some bread 1922 01:29:24,760 --> 01:29:27,000 Speaker 2: dipped in tomato last night, sort of fried up, and 1923 01:29:27,040 --> 01:29:29,800 Speaker 2: I thought, ah, I love bread. Yeah, so what he 1924 01:29:29,920 --> 01:29:32,000 Speaker 2: did too, So there you go. It's your kind of program. 1925 01:29:32,439 --> 01:29:35,120 Speaker 2: We got the f one in Spain, so that's always exciting. 1926 01:29:35,880 --> 01:29:37,920 Speaker 2: We've got the Crusaders beating the Brumbies. It'll be a 1927 01:29:37,960 --> 01:29:39,479 Speaker 2: bit boring as far as they can work out. 1928 01:29:40,040 --> 01:29:42,360 Speaker 12: Be a great weekend for the Highlander is probably Yeah. 1929 01:29:42,520 --> 01:29:47,360 Speaker 2: Imagine being the Highlanders. Imagine imagine being our Highlander. Anyway 1930 01:29:47,840 --> 01:29:52,920 Speaker 2: back on Tuesday at six o'clock, as always, Happy Days. 1931 01:29:55,680 --> 01:29:58,560 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1932 01:29:58,680 --> 01:30:01,719 Speaker 1: news talks. It'd be from six am weekdays, or follow 1933 01:30:01,800 --> 01:30:03,320 Speaker 1: the podcast on iHeartRadio.