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Speaker 1: You're trusted home for news, sport, entertainment, opinion and Mike

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Speaker 1: the My asking breakfast with Bailey's real estate altogether better

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Speaker 1: across residential, commercial and rural news talks.

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Speaker 2: Hed been welcome today new petrol alignment with Australia money

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Speaker 2: coming to help us pay for it. But is it

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Speaker 2: all a bit late? Given the walls over new cricket

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Speaker 2: competition being launched? It comes with real controversy, of course,

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Speaker 2: and resignations. Phil Rosenthale of Somebody Feed Phil famous with

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Speaker 2: us after a Catherine Field and France Rod Little in

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Speaker 2: the UK pasking welcome to the day, and what a

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Speaker 2: day it is? Seven past six, just like that, the

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Speaker 2: deadline's off a and the price of oil is down?

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Speaker 2: Is that taco trade Tuesday? A? Trump always chickens out.

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Speaker 2: We're very intent on making deals, says the man who

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Speaker 2: said Arun wants to make a deal, but we don't

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Speaker 2: until we do. And that, sadly is how it goes

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Speaker 2: in a world that seemingly is run by mad people.

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Speaker 2: Greenland was going to be invaded till it wasn't. The

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Speaker 2: Strait is a strait jacket for the US president, of course,

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Speaker 2: in a war that increasingly looks a lot more complicated

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Speaker 2: than he ever anticipated. We're buying Russian and a rainy

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Speaker 2: and oil for them goodness sake. That alone is gobsmackingly absurd.

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Speaker 2: But we're doing that because for reasons best known to themselves,

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Speaker 2: and despite any amount of history pointing in other directions,

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Speaker 2: they didn't seem to think the Strait would be as

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Speaker 2: closed as it is. I honestly, once again, given history,

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Speaker 2: cannot believe this is true. This would be over if

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Speaker 2: it wasn't for the Strait. No, there is no ragiume change.

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Speaker 2: There may never be ragiume change. But as I've said

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Speaker 2: a number of times, don't look to paint this conflict

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Speaker 2: with a traditional brush, given the bloke we're dealing with

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Speaker 2: isn't traditional or even normal. Straight aside, if he called

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Speaker 2: it off today claimed victory cut a so called deal.

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Speaker 2: No one is around to really argue. Iran is flattened,

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Speaker 2: some heavyweight leaderships dead, the place will be rebuilding for years.

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Speaker 2: The world would move on. But the Strait, the oil.

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Speaker 2: You can't pretend that's fine, as much as you can

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Speaker 2: pretend to. War is one. If normality is not returned,

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Speaker 2: if ships aren't moving, the oil price isn't back in

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Speaker 2: the seventies or eighties, making it worse as the entire

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Speaker 2: world is paying the price and is his fault. The

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Speaker 2: whole world is hating on him. While the waterway doesn't work.

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Speaker 2: It's real, it's tangible, it's indisputable, and that is why

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Speaker 2: he has done what he's done this morning. So much

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Speaker 2: of a wider war is open to interpretation, is available

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Speaker 2: for verbal massage, its perception, regime change, or military destruction.

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Speaker 2: It's open for a story to be told or a

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Speaker 2: lie to be planted. But a waterways open or it isn't.

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Speaker 2: Ships sail through or they don't. Business gets done or

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Speaker 2: it doesn't. And right now it isn't, and it's his

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Speaker 2: fault and everyone knows it. He's lost the ability to

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Speaker 2: jawbone the oil price. He's down to a massive threat.

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Speaker 2: It may work, it may not. If he wins, it

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Speaker 2: may chase him for the rest of his presidency, it

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Speaker 2: may not. But victory is now not what victory looked

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Speaker 2: like three weeks ago, And in that is yet another

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Speaker 2: lesson for American interventionism.

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Speaker 1: Who news of the world in ninety seconds.

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Speaker 2: It relacks the deal. Wheels are turning.

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Speaker 3: They want very.

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Speaker 4: Much to make a deal. We'd like to make a

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Speaker 4: deal too. We're doing a five day period. We'll see

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Speaker 4: how that goes, and if it goes well, we're gonna

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Speaker 4: end up with settling this. Otherwise we just keep bombing

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Speaker 4: our little hearts out.

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Speaker 5: Well.

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Speaker 2: Sakia, who was on the phone to Donald yesterday's got

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Speaker 2: some insight.

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Speaker 6: I think all of our focus and energy has to

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Speaker 6: be in the swifty escalation. But we've got to plan

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Speaker 6: on the basis that it could go on for some

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Speaker 6: time and that's the way in which we'll plan.

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Speaker 2: This afternoon, he by the wise in front of a

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Speaker 2: liaison committee with the Tories head of pop So we could.

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Speaker 7: Even stop one hundred and fifty kilometers on Perile drone

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Speaker 7: from getting through to HIPing a sovereign base in Cyprus.

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Speaker 7: This match of a lack of war fighting mentality that

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Speaker 7: reaches right across the government.

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Speaker 2: It wasn't the only thing start Ihad on his mind.

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Speaker 2: For Jewish ambulances were tortured in an attack in London.

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Speaker 2: That's got a lot of people up sitting Angrish.

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Speaker 6: Anti Semitism has no place in our society and it's

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Speaker 6: really important that we all stand together at a moment.

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Speaker 2: Like this, London mayor joined in.

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Speaker 8: The idea that's somebody who attacks away because they're Jewish

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Speaker 8: or their attack hat Zola is perverse, and that's where

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Speaker 8: all of us needs to be aware of how scared

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Speaker 8: Jewish people are.

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Speaker 2: Jeef Rabbi is not surprised.

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Speaker 3: We are sad and.

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Speaker 9: We always knew these kind of things are possible, and

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Speaker 9: they are happening one after the other after the other

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Speaker 9: right around the globe.

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Speaker 10: And this is a hideous evil attack.

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Speaker 5: Yes.

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Speaker 2: Indeed, finally, while we are broadly in the UK, and

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Speaker 2: if that hasn't put you off living there, we've got

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Speaker 2: this year's list of the top places to live. Norwich

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Speaker 2: number one for its medieval heritage and contemporary call. It's

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Speaker 2: the only city that's ap peede in that list every year.

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Speaker 2: Malmsbury in Wiltshire came second. Malmsbury and Skipton in North

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Speaker 2: Yorkshire was third, and Letters Music the World and landing

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Speaker 2: spots in ninety. Isn't it what this clown says? It'll

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Speaker 2: be open soon straight U him as, don't worry about

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Speaker 2: it'll be open soon. It'll be jointly controlled. Me and

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Speaker 2: the iy are toller whoever the iy are toller Is

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Speaker 2: whoever the next EI are toller Is, and there will

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Speaker 2: also be some very serious form of regime change. There's

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Speaker 2: automatically regime change. But we're dealing with some people that

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Speaker 2: I find to be very reasonable, very solid. The people

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Speaker 2: within the know, within the know, know who they are,

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Speaker 2: they're very respected, and maybe one of them will be

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Speaker 2: exactly what we're looking for. So that's that. Then twelve

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Speaker 2: past six.

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Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, car

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Speaker 1: it by News Talk.

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Speaker 2: Zippy while they're lining up the new aatolers Or it's

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Speaker 2: important to point out, by the way, Ran says, there

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Speaker 2: are no talks, so you know, to see that for

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Speaker 2: what it is. Anyway, Chris Wright, who's the Energy Secretary,

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Speaker 2: while they're sorting all of this out, diesels a real concern,

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Speaker 2: as it is all over the world, but in America

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Speaker 2: it's cracked well through five dollars a gallon, and they're worried.

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Speaker 2: And this is, as I keep saying, why this is

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Speaker 2: all coming to an end of course, so they're going

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Speaker 2: to throw dip into the emergency stockpile once again. They're

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Speaker 2: going to throw three million barrels a day at that

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Speaker 2: particular problem fifteen past. There we go from sure in

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Speaker 2: partner's Andrew kellaher good morning of the morning, Mike, So

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Speaker 2: see a green isn't Andrew, Well, there are green numbers.

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Speaker 11: Another twenty four hours and another period of reasonable volatility.

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Speaker 11: You know, when we walked out of the office this afternoon, Mike,

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Speaker 11: there was this specter of the Trump ultimat and hanging

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Speaker 11: over all of our head. It's that forty eight and

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Speaker 11: now I reckon that forty eight hour ultimatum was due

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Speaker 11: to finish around lunchtime today.

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Speaker 12: That has now been removed.

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Speaker 11: I would make the comment this is not untypical of

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Speaker 11: the past behavior of the US president. The swift reversal

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Speaker 11: I can't help but notice you know that when markets

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Speaker 11: opened yesterday morning there was quite a strong reaction, which I'll.

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Speaker 3: Cover that in a second.

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Speaker 12: But Mark are the shades of Liberation Day here.

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Speaker 11: That does seem to be a trigger point for the

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Speaker 11: president around potential market implications of things that have been announced.

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Speaker 12: But when we opened up yesterday that all price spiked up.

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Speaker 11: And share market, Asian share markets over the course, they

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Speaker 11: certainly didn't like the look of that ultimatum. Actually, I

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Speaker 11: just want to talk about interest rates for a second, Mike,

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Speaker 11: because we talked about that yesterday morning, and it's sort

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Speaker 11: of been the forgotten child of the markets because everyone

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Speaker 11: looks at the share markets, but we've seen quite strong

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Speaker 11: movements in interst rates, and our interest rates gapped up

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Speaker 11: yesterday morning.

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Speaker 12: Again that Fitch down Greg wouldn't have helped.

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Speaker 11: Four point two one's five year swap rate yesterday, it's

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Speaker 11: the highest since the middle of twenty twenty four. Your

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Speaker 11: short term rates, the two year all sort of one

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Speaker 11: and a half high. That feeds into the cost of

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Speaker 11: fixed rate mortgages. So nine o'clock this morning, we've got

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Speaker 11: Governor Breman. She's going to come out, she's going to

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Speaker 11: try and calm the farm. I would just also point

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Speaker 11: out that the local what we call the futures, the

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Speaker 11: market forward pricing have got yesterday, they had got almost

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Speaker 11: four rate hikes priced in by December this year. This year,

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Speaker 11: this year, this year, well three point six rate hikes

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Speaker 11: priced in. It was going crazy yesterday. That market was

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Speaker 11: going up and down, up and down.

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Speaker 12: Hopefully that will settle down today and some of that

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Speaker 12: will get pulled back, but.

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Speaker 3: Yes, that was all quite alarming.

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Speaker 11: Asian markets took the big hit I think Korea and

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Speaker 11: five six percent. Japanese they caught up four percent, so

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Speaker 11: the ultimate has been pulled back oil as we look

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Speaker 11: at now one hundred and one dollars, you do, I

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Speaker 11: think you've made this very valid point this morning. You've

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Speaker 11: got to look behind the headlines and ask ourselves is

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Speaker 11: the straight open? It's not, but you are seeing this

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Speaker 11: relief rally. We do have a bit of a sea

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Speaker 11: of greenix that one of two exceptions with certainly Europe

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Speaker 11: looking a little bit better.

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Speaker 3: But it's exhausting, Mike.

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Speaker 2: Yes, it is exhausting. It's fascinating and exhausting in mad

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Speaker 2: all at the same time. Back home. What a contrast, ay,

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Speaker 2: Fonterira and Sinlay.

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Speaker 12: Yeah, you got the good and the bad.

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Speaker 11: Aren't we lucky that we've got a good agri sector though,

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Speaker 11: I think that's one of the things I take from there.

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Speaker 12: So, yeah, we saw the good and the bad side

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Speaker 12: of yesday.

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Speaker 11: Fonterra what an announcement and Sinlay So we had the

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Speaker 11: six month announcement from Fonterra.

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Speaker 13: Mate.

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Speaker 11: Look it's not listed, but it's a massive part of

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Speaker 11: the Zealand economy. Yes, they announced a great result, eleven

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Speaker 11: point two percent increase in operating profit for the first

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Speaker 11: six months one point two to three billion there versus

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Speaker 11: one point one billion the previous year. To give you

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Speaker 11: an idea of the feel of the scale of this business,

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Speaker 11: revenue of thirteen point nine billion dollars and net profit

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Speaker 11: of seven hundred and fifty million.

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Speaker 12: They lifted their guidance for earnings for the full year.

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Speaker 11: Same time, they listed the forecast fine Gate milk price

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Speaker 11: to a range of nine forty to ten bucks the

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Speaker 11: mid point of nine seventy fifty to sixty five cents

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Speaker 11: per share, Earnings, interim dividend twenty four cents per share,

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Speaker 11: a special dividend as well.

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Speaker 12: Just it's just all good news, isn't it.

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Speaker 11: So they had better global commodity prices, they control their

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Speaker 11: internal costs pretty well. However, there's always a butt, and

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Speaker 11: the butt here is that significant volatility remains. To use

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Speaker 11: Miles Morrell's words, you got that main Mainland Group sales

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Speaker 11: settles next week and then they've.

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Speaker 12: Got to work on the rest of the business that

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Speaker 12: they have left.

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Speaker 2: You want to give me some numbers, Yeah, I can give.

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Speaker 12: You some numbers.

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Speaker 2: Here we go.

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Speaker 11: So we got the DW Jones up six hundred and

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Speaker 11: ten points, Happy days one point three four percent, forty

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Speaker 11: six one hundred and ninety two, the S and P

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Speaker 11: five hundred up to seventy four points, up one percent

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Speaker 11: sixty five eight O, and the nasdak Is I'm looking

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Speaker 11: now up two hundred and fifty four points over one

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Speaker 11: percent twenty one thousand, eight hundred ninety nine.

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Speaker 2: The forty one hundred.

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Speaker 12: Yes, they lost quarter percent.

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Speaker 11: They weren't getting they weren't getting involved in all that

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Speaker 11: joy and gaiety nine to eight nine four. The NICK

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Speaker 11: fell three point four eight percent yesterday. It will bounce

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Speaker 11: back today one thousand, eight hundred and fifty seven points

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Speaker 11: fifty one thousand, five hundred and fifteen. The Shanghai Composite

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Speaker 11: also heavy lost three point six percent, down one point

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Speaker 11: four to three percent three eight one three. The OSSI's

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Speaker 11: yesday lost three coreters of percent eight three six five,

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Speaker 11: and we were down point sixty nine percent on the

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Speaker 11: INZETX fifty twelve thousand, eight hundred and ninety.

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Speaker 12: Nine Kimi dollar.

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Speaker 11: It's recovering point five to eight five three against the

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Speaker 11: US point eight three five one. So also bounced back

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Speaker 11: against the ossie point five oh four seven euro point

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Speaker 11: four three sixty four against the pound ninety two point

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Speaker 11: eight five Japanese yet gold four thousand, three hundred and

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Speaker 11: eighty four, So quite a large fall in gold and

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Speaker 11: has said Brent Cruti as I look at it, one

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Speaker 11: hundred and one dollars and twelve cents.

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Speaker 2: Good on you ketch up tomorrow. Shorrant Partners Andrew kellaher

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Speaker 2: pall point out. When I got here at about three

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Speaker 2: o'clock this morning, the Dow Jones was up. Well, I'm

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Speaker 2: in excess of one thousand, and oil was below one hundred,

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Speaker 2: so they've sobered up a bit since then. Brisbane, by

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Speaker 2: the way, they're in the tourism game as well. Like US,

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Speaker 2: visitor economy cracked seventeen billion for the first time ever.

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Speaker 2: So this is from Tourism Research. Australia International visitor numbers

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Speaker 2: up fourteen point eight percent, visitor knights through the roof,

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Speaker 2: hundreds of thousands of holiday makers, billions of dollars flowing

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Speaker 2: into the goldie as they say. Six twenty one, he.

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Speaker 1: Reviews Talks dB, the Mike Asking Breakfast Full Show podcast

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Speaker 1: on iHeartRadio powered by News Talks.

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Speaker 2: At b so one o'clock, two o'clock, he's gonna blow

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Speaker 2: everything up until he wasn't, of course, and now he

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Speaker 2: wasn't dealing with him. He couldn't find anyone the other

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Speaker 2: day they went through. All the leaders were dead. They're

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Speaker 2: all dead, and he couldn't find anyone to talk to until,

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Speaker 2: of course he could.

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Speaker 4: We're dealing with the man who I believe is the

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Speaker 4: most respected and the leader. You know, it's a little tough.

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Speaker 4: They've wiped out. We've wiped out everybody. No, not the

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Speaker 4: Supreme Leader. We don't. Well, nobody's ever nobody heard of

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Speaker 4: the second Supreme Leader of the Sun direct nobody. We

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Speaker 4: have not heard from the Sun. Everyone said, well, you

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Speaker 4: see a statement, mate, but we haven't.

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Speaker 3: We don't know if he's living.

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Speaker 4: But the people that seem to be running it, and

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Speaker 4: they seem that based on really fact because things they've

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Speaker 4: said have taken place.

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Speaker 1: Trending now with the chemist warehouse keeping Kiwi's healthy all

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Speaker 1: year round.

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Speaker 2: How many times do I have to say, you count

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Speaker 2: like this stuff unbelievable when it saw But do you

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Speaker 2: think we'll listen? Well, not the war. I mean he

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Speaker 2: was wrong and that's all. But do you think we'll

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Speaker 2: miss it anyway? What am I playing here? I'm playing

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Speaker 2: you some music?

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Speaker 5: Who is this? Well?

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Speaker 2: We've got new music? You live against? Just wandered up

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Speaker 2: a little bit loos Bery man. He's eighty two, but

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Speaker 2: age is just a number for as I find myself

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Speaker 2: increasingly telling people. And what a set of numbers he's

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Speaker 2: got lined up. He's got his first album in fifteen years.

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Speaker 2: What a time? Where at a statement on the times?

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Speaker 2: What a time? June five it'll be his thirty third

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Speaker 2: studio album. We get a single, which is this one?

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Speaker 2: It's so showy sun? What's that sound like that? Just

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Speaker 2: that line there lay.

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Speaker 14: Just like me.

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Speaker 2: They long to be close to you, close to your capitis.

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Speaker 2: He's stolen it from the capitis. He's stealing material. Yeah,

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Speaker 2: but you know what I'm saying anyway, co wrote this

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Speaker 2: with Gary Barlow. Doesn't he have lung cancer? Of course

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Speaker 2: you're asking that, and he does. But he was diagnosed

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Speaker 2: in December, the treatment is going well and of further

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Speaker 2: good news, postponed tour will now head off next month.

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Speaker 2: So let's I guess a little bit, Michael. The government

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Speaker 2: about to announce a fuel package to a selected group

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Speaker 2: of New Zealanders when they have no money and also

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Speaker 2: have even more pressure from the credit rating agency. I

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Speaker 2: can't help but think this is just a political point

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Speaker 2: scoring exercise. If they don't have the opposition to climb into.

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Speaker 2: If they do, where does the money come from? It's

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Speaker 2: a very good question. And given the developments this morning,

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Speaker 2: and I know the wall's not over obviously, and we've

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Speaker 2: got five days, but it's very clear how this thing's

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Speaker 2: going to unfold. And given it's very clear how it's

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Speaker 2: going to unfold, why are you handing out money today

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Speaker 2: on something that's coming to an end? And once you

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Speaker 2: start handing out money, when do you pull the trigger? Anyway?

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Speaker 2: Shane Jones on this and other matters, and the other

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Speaker 2: alignment issue is the fascinating thing for me. If we're

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Speaker 2: increasingly aligned with Australia as we appear to be, why

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Speaker 2: don't we just become part of Australia? Hey, why don't

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Speaker 2: we ask that questions? Monny? Why don't we just become

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Speaker 2: another state of Australia.

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Speaker 1: The newsmakers and the personalities, the big names talk to Mike,

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Speaker 1: the mic Hosking, Breakfast with a Vida, Retirement, Communities, life,

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Speaker 1: your Way News talks dead vs like.

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Speaker 2: I hope that we don't have another massive spend up

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Speaker 2: of taxpayers money over an oil panic. Kent me too,

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Speaker 2: but Shane Jones with us in about an hour's time. Meantime,

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Speaker 2: the talks are on, while the rain and say the

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Speaker 2: talks aren't on, but the Americans say the talks are on.

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Speaker 2: What are they agreed to? So many points of agreement

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Speaker 2: with Iran right now?

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Speaker 11: What can you give us a bake?

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Speaker 3: Fifteen points?

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Speaker 4: Fifteen points said, yes, well, they're not going to have

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Speaker 4: a nuclear weapon.

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Speaker 3: That's number one.

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Speaker 4: That's number one, two and three, they will never have

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Speaker 4: a nuclear weapon.

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Speaker 3: Yes, they've agreed to that.

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Speaker 2: We have been voting municipally in France. And the interesting

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Speaker 2: thing is Leapin hasn't done very well. Se Casment's on

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Speaker 2: that and the reaction to Trump and just a couple

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Speaker 2: of moments in Paris. Meantime, back here, small irony, as

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Speaker 2: we mentioned with Andrew a couple of moms ago, small irony.

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Speaker 2: In the same day, Fontira reinforces its success with the

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Speaker 2: stunking prophit. Poor old Sinley posts an eighty point six

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Speaker 2: million dollars half a year lost debts eighty eight percent.

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Speaker 2: Revenue is rising those and there's something Richard Wyeth, as

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Speaker 2: the CEO ofsin Lane, was with us good Morning Morning, like,

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Speaker 2: how hard is the slog at the moment?

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Speaker 15: It's probably the most challenging period I've had in the

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Speaker 15: close to twenty years in the industry.

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Speaker 2: So at what stage you turn around? Are you.

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Speaker 5: Well, we're at a point where.

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Speaker 15: The next probably five to six months are pretty critical

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Speaker 15: for us. We've got the sale of the North Island

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Speaker 15: lessett coming up, which is great, so we need to

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Speaker 15: execute that. We still need to catch up on a

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Speaker 15: backlog for our advanced nutrition which will take probably four

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Speaker 15: to five months, and then we can really focus forward.

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Speaker 2: Are you confident?

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Speaker 5: Absolutely?

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Speaker 15: It comes down to us executing operationally, so getting operational

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Speaker 15: stability and quality under control.

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Speaker 5: We haven't been.

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Speaker 15: Brilliant at that over the last few years, so we

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Speaker 15: really need to get focused on that, simplfyre the business

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Speaker 15: and move forward.

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Speaker 2: So you say, am that Pocono manufacturing? But how big

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Speaker 2: a deal is that? And once that's cleared you're off

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Speaker 2: and running.

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Speaker 5: It's huge for us, Mike. I mean in the past,

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Speaker 5: obviously for a number of years since that was built.

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Speaker 5: It's been a.

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Speaker 15: Drag on the business. So to execute that sale. It's

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Speaker 15: a fantastic asset. It's been well sold, so that helps

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Speaker 15: with the balance sheet, but it also takes noise out.

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Speaker 5: Of the business and just sympathies.

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Speaker 15: It allows us to really get stuck into the Dune

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Speaker 15: Sandal site.

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Speaker 2: Without getting into the weeds. The stuff you got back

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Speaker 2: to Dune Sandal and you had to do something with it,

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Speaker 2: and what you were going to do all of that

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Speaker 2: is that one off. Was that just a series of

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Speaker 2: bad events and we can look through it or not.

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Speaker 5: Yeah, that's the key thing. They are largely resolved.

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Speaker 15: It's as say, it was an insurable event, so we're

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Speaker 15: not We can't control the timing of payment or when

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Speaker 15: that's going to happen.

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Speaker 5: But yeah, they are large one offs.

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Speaker 15: But the thing is when you're manufacturing infant formula, there

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Speaker 15: are always things that can go wrong, and it's a

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Speaker 15: complex business, so you've got to be right on your game.

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Speaker 15: If you do it poorly, you make a lot of

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Speaker 15: stop food. If you do it really well, you make

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Speaker 15: a lot of money. So we need to get back

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Speaker 15: to make.

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Speaker 2: Money because for people who don't follow this, you know

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Speaker 2: an aren't and the word weeds. They look at Fonterra

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Speaker 2: yesterday and they go that's they're making money like this,

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Speaker 2: No tomorrow. They look at you you're not. So you know,

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Speaker 2: how come if you can't make money and deary at

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Speaker 2: the moment, what are you doing?

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Speaker 5: Yeah, that's fair.

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Speaker 15: I mean basically it comes down to our ability to

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Speaker 15: execute at an operational level and quality level. And as

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Speaker 15: I say, we haven't done that well enough in the past,

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Speaker 15: so we need to get sorted and make that happen.

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Speaker 2: The good news at teen ten per kilo, they're good numbers, aren't.

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Speaker 5: They fantastic for the familers? Absolutely yeah.

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Speaker 2: And no guidance though, so you're on one hand telling

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Speaker 2: me you're confident, but then you can't offer guidance.

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Speaker 5: Well, we need to.

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Speaker 15: Yeah, we need to deliver the next five months and

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Speaker 15: then I'll be in a position where I can say, right,

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Speaker 15: the business is steady state, we're moving forward. So look,

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Speaker 15: it's just trying to be prudent and a little bit

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Speaker 15: conservative given given our background in industry.

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Speaker 2: All right, we'll go well with it. Appreciate it. Richard Wyth,

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Speaker 2: who's with SINLA this morning. People including the opposition waiting

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Speaker 2: for the government's board announcement today. Shouldn't get too excited.

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Speaker 2: This money is coming from other Kiwis who are hurting

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Speaker 2: just as much labor as zero credibility here after they

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Speaker 2: trashed the economy spraying cash during COVID, We're all still

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Speaker 2: paying for Robertson's mismanagement. I felt it was interesting yesterday

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Speaker 2: that Hipkins didn't have any ideas. They went to him

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Speaker 2: and said, what are your ideas? Because he's busy criticizing

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Speaker 2: something that hasn't even happened yet, And they said, well,

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Speaker 2: what are your ideas? And he had none, literally none.

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Speaker 2: He said, we're not the government, which is technically true.

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Speaker 2: But if he has no ideas, then he has no

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Speaker 2: right to criticize, does he.

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Speaker 1: Nineteen two the Mike Hosking Breakfast Full Show podcast on

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Speaker 1: iHeartRadio powered by Newstalks Apes.

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Speaker 2: And d Right now, there's only one topic on everyone's mind,

438
00:19:35,240 --> 00:19:37,560
Speaker 2: of course, it's the fuel prices, and for many Kiwis

439
00:19:37,560 --> 00:19:39,960
Speaker 2: and Kiwi businesses it is hitting hard, obviously, so in

440
00:19:40,040 --> 00:19:42,000
Speaker 2: times like these it pays to keep things simple, which

441
00:19:42,040 --> 00:19:45,080
Speaker 2: is where why Tom comes in. They're probably one hundred

442
00:19:45,080 --> 00:19:47,280
Speaker 2: percent quy owned. They're operated by the same family. For

443
00:19:47,320 --> 00:19:49,240
Speaker 2: the last eighty years, so they got skin in the

444
00:19:49,320 --> 00:19:51,720
Speaker 2: game and when it comes to supporting local communities, they're

445
00:19:51,720 --> 00:19:55,320
Speaker 2: into it. So their focus is simple fairer fuel prices

446
00:19:55,600 --> 00:19:58,080
Speaker 2: for Kiwis. So whether it's filling up the family car

447
00:19:58,920 --> 00:20:00,520
Speaker 2: or if you're into bulk fueled de livery with the

448
00:20:00,560 --> 00:20:03,160
Speaker 2: tank supply or the fuel delivered straight to the site,

449
00:20:03,160 --> 00:20:05,080
Speaker 2: why Tomo can do it and do it for less

450
00:20:05,119 --> 00:20:08,399
Speaker 2: consistently low prices every day, So when the dollar counts

451
00:20:08,680 --> 00:20:11,480
Speaker 2: and every dollar counts, customers know they're getting real value

452
00:20:11,480 --> 00:20:13,040
Speaker 2: at the pump, not paying for things they don't need.

453
00:20:13,119 --> 00:20:15,560
Speaker 2: So with fuel stops and delivery options right across the country,

454
00:20:15,760 --> 00:20:17,800
Speaker 2: it's easy to fuel up and get moving. So next

455
00:20:17,840 --> 00:20:21,080
Speaker 2: time you fill up, think why Tomo same fuel, great service,

456
00:20:21,119 --> 00:20:23,680
Speaker 2: better price. You can't get more Kiwi than that, and

457
00:20:23,760 --> 00:20:26,600
Speaker 2: we like Kiwi. Why Tomogroup dot co dot z If

458
00:20:26,600 --> 00:20:30,040
Speaker 2: you want the information why Tomo Group dot co dot

459
00:20:30,400 --> 00:20:32,960
Speaker 2: in z ask yeah, you're not liking the idea of

460
00:20:33,040 --> 00:20:35,399
Speaker 2: us joining Australia as a state. Absolutely no mike to

461
00:20:35,440 --> 00:20:37,920
Speaker 2: becoming an Australian state. The only reason oh I's being facetious.

462
00:20:37,920 --> 00:20:40,080
Speaker 2: Obviously it's not going to happen. But yesterday at the

463
00:20:40,080 --> 00:20:44,520
Speaker 2: press conferences was Willis Jones and Luxon Luxon. It sort

464
00:20:44,560 --> 00:20:47,679
Speaker 2: of came out, so they've realigned. We're realigning with petrol.

465
00:20:47,680 --> 00:20:49,040
Speaker 2: And he painted a picture and I thought it was

466
00:20:49,119 --> 00:20:51,880
Speaker 2: very true. If a tank is coming down from Singapore

467
00:20:52,000 --> 00:20:57,680
Speaker 2: or Korea and it's got neckstop Sydney or Melbourne, if

468
00:20:57,760 --> 00:21:01,639
Speaker 2: we have some sort of special ingredients in fuel, that's different.

469
00:21:01,760 --> 00:21:03,840
Speaker 2: Who the hell's coming down to a market of five

470
00:21:03,880 --> 00:21:06,040
Speaker 2: million people like New Zealand. Why don't they deal with

471
00:21:06,119 --> 00:21:08,280
Speaker 2: the market of thirty million people? And that sort of

472
00:21:08,320 --> 00:21:10,280
Speaker 2: alignment is where we need to head. And the Prime

473
00:21:10,320 --> 00:21:13,000
Speaker 2: Minister spoke reasonably eloquently about where we need to head

474
00:21:13,040 --> 00:21:15,920
Speaker 2: in that direction. Doesn't necessarily mean becoming a state, but

475
00:21:16,080 --> 00:21:19,240
Speaker 2: given that we've all left for Australia anyway, and we'd

476
00:21:19,280 --> 00:21:21,960
Speaker 2: get a better economy and we'd get a better dollar,

477
00:21:22,560 --> 00:21:26,080
Speaker 2: and we'd get more easy access to fuel, we're thinking about,

478
00:21:26,160 --> 00:21:27,120
Speaker 2: isn't it six to forty.

479
00:21:26,920 --> 00:21:31,200
Speaker 16: Five international correspondence with ends and eye insurance, Peace of

480
00:21:31,280 --> 00:21:32,560
Speaker 16: mind for New Zealand business.

481
00:21:32,720 --> 00:21:34,159
Speaker 2: Yes, I'm greeting, how are you?

482
00:21:35,119 --> 00:21:37,160
Speaker 10: I'm wonderful, Thank you so much for asking.

483
00:21:37,160 --> 00:21:39,320
Speaker 2: Is everybody full of JOI de vive now that the

484
00:21:39,600 --> 00:21:41,919
Speaker 2: war's over and Trump's got us fifteen points and has

485
00:21:41,960 --> 00:21:45,600
Speaker 2: found eighteen I told us to deal with Well, it's a.

486
00:21:45,640 --> 00:21:48,160
Speaker 10: Little bit of a wait and see, but certainly you're

487
00:21:48,280 --> 00:21:50,760
Speaker 10: on the markets across Europe. There was a bit of

488
00:21:50,800 --> 00:21:54,159
Speaker 10: a balance in the day after the news came that

489
00:21:54,760 --> 00:21:57,520
Speaker 10: the President Trump had said he'd ordered a five day

490
00:21:57,600 --> 00:22:01,359
Speaker 10: pause on strikes against Iranian power plants. I think a

491
00:22:01,480 --> 00:22:04,199
Speaker 10: lot of that joy Mike was sort of tempered by

492
00:22:04,240 --> 00:22:07,280
Speaker 10: the fact that not that many days before, Trump had

493
00:22:07,320 --> 00:22:11,639
Speaker 10: said he'd give a forty eight hour window for the

494
00:22:12,160 --> 00:22:14,800
Speaker 10: Iranians who open the Straight of Hormos or face destruction

495
00:22:14,960 --> 00:22:17,119
Speaker 10: of their energy infrastructure. So a little bit of a

496
00:22:17,160 --> 00:22:20,080
Speaker 10: wait there, but certainly looking at some of the stocks

497
00:22:20,080 --> 00:22:23,880
Speaker 10: that were doing better, Certainly the travel industry, hotel industry

498
00:22:24,160 --> 00:22:28,080
Speaker 10: picked up a bit because ever since the Iran war started,

499
00:22:28,160 --> 00:22:32,720
Speaker 10: which is eleventh of March. Around that time, airlines hotels

500
00:22:32,760 --> 00:22:34,960
Speaker 10: have really been struggling. I mean, let's look at it

501
00:22:35,080 --> 00:22:39,120
Speaker 10: here in France, some eight hundred thousand trips have been

502
00:22:39,520 --> 00:22:43,400
Speaker 10: canceled or changed, these long haul trips. People now apparently

503
00:22:43,480 --> 00:22:47,440
Speaker 10: preferring Italy or Spain the spring and the European string

504
00:22:48,080 --> 00:22:50,840
Speaker 10: travel agents say there's been a drop of between fifteen

505
00:22:50,960 --> 00:22:52,640
Speaker 10: and twenty percent.

506
00:22:52,840 --> 00:22:54,080
Speaker 12: Of booking so far.

507
00:22:54,920 --> 00:22:56,760
Speaker 10: And if you can think back again to some of

508
00:22:56,800 --> 00:23:00,119
Speaker 10: those pictures we saw during COVID mike of aircraft have

509
00:23:00,280 --> 00:23:04,080
Speaker 10: been parked at remote air bases, well cut Our Airlines

510
00:23:04,119 --> 00:23:07,840
Speaker 10: has parked twenty of its aircraft in eastern Spain. So

511
00:23:08,720 --> 00:23:11,160
Speaker 10: you know, airline industries picked up a bit.

512
00:23:11,160 --> 00:23:12,359
Speaker 12: But still a long way to go.

513
00:23:12,520 --> 00:23:15,120
Speaker 2: I think, right, I think actually with the spring coming, yeah,

514
00:23:15,119 --> 00:23:16,800
Speaker 2: I think the markets will be after the races later

515
00:23:16,880 --> 00:23:20,000
Speaker 2: on tonight tomorrow your time. These elections fascinate me. So

516
00:23:20,160 --> 00:23:25,800
Speaker 2: Paris and Marseilles. Socialists extended where was Lepin? Where was

517
00:23:25,840 --> 00:23:26,680
Speaker 2: the big right move?

518
00:23:26,800 --> 00:23:30,680
Speaker 10: What happened there didn't happen in the major urban centers.

519
00:23:31,000 --> 00:23:33,280
Speaker 10: Failed to win any of those big cities that they

520
00:23:33,320 --> 00:23:36,040
Speaker 10: thought they'd get Marseille, and we mentioned this last week.

521
00:23:36,200 --> 00:23:38,320
Speaker 10: They thought they had Marseilles in the bag, they thought

522
00:23:38,320 --> 00:23:41,560
Speaker 10: they had two long two major towns cities down in

523
00:23:41,640 --> 00:23:45,440
Speaker 10: the south of the Mediterranean. Didn't score those. They won

524
00:23:45,600 --> 00:23:48,159
Speaker 10: a few small towns in the north and in the

525
00:23:48,240 --> 00:23:52,040
Speaker 10: deep south, but certainly they didn't have that big victory

526
00:23:52,119 --> 00:23:56,240
Speaker 10: that they were hoping for Socialists and I think actually

527
00:23:56,280 --> 00:23:58,639
Speaker 10: more over the traditional parties, you know, the socialists and

528
00:23:58,680 --> 00:24:03,200
Speaker 10: the center right did well, showed that making concessions to

529
00:24:03,280 --> 00:24:07,040
Speaker 10: the extremes doesn't really work. The Socialism in particular, they

530
00:24:07,080 --> 00:24:09,680
Speaker 10: were staying well away from the far left. They seem

531
00:24:09,720 --> 00:24:14,480
Speaker 10: to have picked up votes there. Wheeness means the parties goes?

532
00:24:14,720 --> 00:24:17,520
Speaker 10: No one knows because the big problem with trying to

533
00:24:17,560 --> 00:24:19,879
Speaker 10: get any sort of indicator from these ones, Mike, is

534
00:24:19,920 --> 00:24:22,920
Speaker 10: that these are local elections, and Emanuel macaren was not

535
00:24:23,040 --> 00:24:25,720
Speaker 10: standing in any of them, so there was no kind

536
00:24:25,760 --> 00:24:27,800
Speaker 10: of if you like, there was no protest vote to

537
00:24:27,880 --> 00:24:31,280
Speaker 10: be had. But certainly all these parties have ended up

538
00:24:31,320 --> 00:24:34,040
Speaker 10: in the same place with not knowing who they're going

539
00:24:34,080 --> 00:24:36,959
Speaker 10: to put forward for next year's big presidential elections.

540
00:24:37,240 --> 00:24:39,919
Speaker 2: Let me no one clear candidate, is there? Yeah, let

541
00:24:39,960 --> 00:24:41,720
Speaker 2: me come back to that in mind. What about old Serge.

542
00:24:42,000 --> 00:24:43,880
Speaker 2: We remember Suge? We love Serge Blanco.

543
00:24:44,720 --> 00:24:46,399
Speaker 10: Do you just love him because he was on the

544
00:24:46,480 --> 00:24:48,680
Speaker 10: losing side that first rugby World Come.

545
00:24:48,840 --> 00:24:52,120
Speaker 2: Z, what's the point? That's the point?

546
00:24:52,359 --> 00:24:56,520
Speaker 10: Yeah, Serge Blanco former four Bague for the beer Ritz.

547
00:24:56,600 --> 00:24:59,800
Speaker 10: First of all but also French rugby ninety three caps

548
00:24:59,800 --> 00:25:02,080
Speaker 10: for France, eighteen times captain.

549
00:25:01,800 --> 00:25:02,560
Speaker 14: Of Les Bleu.

550
00:25:03,480 --> 00:25:06,879
Speaker 10: He had stood and won the mayoral election of Beerritz,

551
00:25:06,960 --> 00:25:11,080
Speaker 10: that kind of fancy seaside town in the southwest of France.

552
00:25:11,800 --> 00:25:12,800
Speaker 2: He made it through.

553
00:25:13,040 --> 00:25:16,119
Speaker 10: He said that he had gone to voters there because

554
00:25:16,160 --> 00:25:18,720
Speaker 10: he found that voters wanted to be spoken to from

555
00:25:18,760 --> 00:25:20,200
Speaker 10: the heart and to be respected.

556
00:25:20,520 --> 00:25:21,720
Speaker 2: So he's one there.

557
00:25:23,000 --> 00:25:25,320
Speaker 10: Going to be interesting to see how he does, though, Mike,

558
00:25:25,440 --> 00:25:28,920
Speaker 10: because let's not forget that he had once dabbled in

559
00:25:30,880 --> 00:25:35,000
Speaker 10: Just Clothing Enterprise, which, of course that successful closing clothing

560
00:25:35,080 --> 00:25:39,359
Speaker 10: brand nineteen ninety three. It started up, it ended badly

561
00:25:39,600 --> 00:25:44,160
Speaker 10: January twenty twe and twenty twenty closed down with years

562
00:25:44,200 --> 00:25:48,120
Speaker 10: of losses. So see how he goes. But certainly he's

563
00:25:48,240 --> 00:25:51,040
Speaker 10: the local guy of the moment and the man who

564
00:25:51,119 --> 00:25:54,000
Speaker 10: says he's going to give Beeritz back momentum.

565
00:25:54,040 --> 00:25:57,119
Speaker 2: It deserves fantastic good catch up Katheryn Cathernfield and France

566
00:25:57,160 --> 00:25:59,200
Speaker 2: Firus this morning out that traveled things interesting because I

567
00:25:59,280 --> 00:26:02,639
Speaker 2: know that Singapore announced more flights from Melbourne to London.

568
00:26:03,080 --> 00:26:06,000
Speaker 2: They're landing at Gatwick. The link being that we can

569
00:26:06,040 --> 00:26:07,960
Speaker 2: get to Melbourne. So if you're getting up to Europe

570
00:26:08,000 --> 00:26:10,000
Speaker 2: for the summer period, as so many people do, of

571
00:26:10,080 --> 00:26:12,800
Speaker 2: course you've got to go up through Singapore. You can

572
00:26:12,920 --> 00:26:14,959
Speaker 2: go through America, you can go up through Asia if

573
00:26:15,000 --> 00:26:18,280
Speaker 2: you want to use the Chinese airlines. But everyone's problem

574
00:26:18,440 --> 00:26:21,600
Speaker 2: is another person's opportunity. So Katar and Etty Yard and

575
00:26:21,760 --> 00:26:25,080
Speaker 2: Emirates of Bleeding. But Singapore Airlines are popping on some

576
00:26:25,200 --> 00:26:27,200
Speaker 2: more flights, so you're going to be doing six flights

577
00:26:27,200 --> 00:26:29,480
Speaker 2: a day to London from this part of the world.

578
00:26:29,520 --> 00:26:30,840
Speaker 2: As a result of all of that nine to.

579
00:26:30,880 --> 00:26:35,200
Speaker 1: Seven with the Mike Hosking Breakfast with a Vida Retirement,

580
00:26:35,240 --> 00:26:36,960
Speaker 1: Communities News, togs Head been.

581
00:26:37,000 --> 00:26:39,920
Speaker 2: Speak of tourism the like very nice piece in the

582
00:26:39,960 --> 00:26:42,119
Speaker 2: Australian media yesterday when it comes to great food, New

583
00:26:42,160 --> 00:26:44,520
Speaker 2: Zealand is cutting Australia's lunch. They've written a number of

584
00:26:44,560 --> 00:26:46,680
Speaker 2: articles about this. This is our Michelin thing. The government

585
00:26:46,680 --> 00:26:48,760
Speaker 2: announced a few months ago it'll be out in the

586
00:26:48,760 --> 00:26:50,560
Speaker 2: middle of the year. We paid five or six million

587
00:26:50,640 --> 00:26:52,959
Speaker 2: bucks for Michelin come to the country and rank our

588
00:26:53,000 --> 00:26:55,480
Speaker 2: restaurants and the Australians didn't. They turned it down and

589
00:26:55,520 --> 00:26:59,120
Speaker 2: they seem increasingly aggrieved about it. So we've snooked them

590
00:26:59,160 --> 00:27:02,800
Speaker 2: on that BTS. By the way, the company that owns them,

591
00:27:02,920 --> 00:27:07,600
Speaker 2: Hybe shares of tanked because that concert they had over

592
00:27:07,640 --> 00:27:10,239
Speaker 2: the weekend, the big reunification concert, once they all got

593
00:27:10,280 --> 00:27:12,320
Speaker 2: out of the military, one hundred and four thousand fans

594
00:27:12,359 --> 00:27:14,160
Speaker 2: turned up what they actually thought was going to happen

595
00:27:14,160 --> 00:27:15,760
Speaker 2: as two hundred and fifty thousand, So they might not

596
00:27:15,880 --> 00:27:18,200
Speaker 2: be what they once were. And in that part of

597
00:27:18,200 --> 00:27:20,000
Speaker 2: the world. In Hong Kong, I note they've adjusted the

598
00:27:20,119 --> 00:27:23,600
Speaker 2: law yesterday, the National Security Law, the NSL SO Hong

599
00:27:23,680 --> 00:27:25,959
Speaker 2: Kong Police. If you're going to Hong Kong, they can

600
00:27:26,000 --> 00:27:28,840
Speaker 2: now demand your phone and computer password and if you

601
00:27:28,840 --> 00:27:32,600
Speaker 2: don't give it to the sticky in jail, cool place. Eh. Hey,

602
00:27:32,680 --> 00:27:34,560
Speaker 2: you're just wandering down the street minding your own business,

603
00:27:34,600 --> 00:27:36,200
Speaker 2: they can ask for you to run your ID. And

604
00:27:36,280 --> 00:27:38,720
Speaker 2: you you think ice is a problem. Five minutes away

605
00:27:38,760 --> 00:27:39,520
Speaker 2: from seven.

606
00:27:40,119 --> 00:27:43,359
Speaker 1: All the ins and the ouse. It's the fizz with

607
00:27:43,640 --> 00:27:47,000
Speaker 1: business Faber take your business productivity to the next level.

608
00:27:47,080 --> 00:27:50,760
Speaker 2: Interesting thing from Cornell University. So if you are into buzzwords,

609
00:27:50,800 --> 00:27:52,680
Speaker 2: you know you go to meetings and the bosses. We're

610
00:27:52,800 --> 00:27:54,600
Speaker 2: working through it, and it's time to move the needle

611
00:27:54,640 --> 00:27:56,360
Speaker 2: and getting the barnacles off the boat, and it will

612
00:27:56,359 --> 00:27:57,840
Speaker 2: happen in two weeks. All that sort of stuff. You

613
00:27:57,920 --> 00:28:00,359
Speaker 2: get excited. If you're impressed by that sort of language,

614
00:28:00,840 --> 00:28:03,160
Speaker 2: then apart from being a planker, it turns out you're

615
00:28:03,160 --> 00:28:05,840
Speaker 2: also the least equipped to make an effective, practical business leader.

616
00:28:05,920 --> 00:28:08,200
Speaker 2: So Cornell's looked at all of this. They're calling it

617
00:28:08,320 --> 00:28:12,680
Speaker 2: corporate bullshit. Academically, bullshit is defined as a type of

618
00:28:13,359 --> 00:28:18,560
Speaker 2: semantically or logically dubious information that is misleadingly, impressive, important, informative,

619
00:28:18,640 --> 00:28:22,000
Speaker 2: or otherwise engaging, while corporate bullshit is when you use puzzling,

620
00:28:22,040 --> 00:28:25,399
Speaker 2: buzzwords and jargon that ultimately confuses. So they did the study.

621
00:28:25,920 --> 00:28:29,880
Speaker 2: They got participants to rate fake, made up corporate speed

622
00:28:29,960 --> 00:28:33,280
Speaker 2: quotes compared with real quotes. They then were presented with

623
00:28:33,359 --> 00:28:36,200
Speaker 2: business scenarios to decide on. They found those who fell

624
00:28:36,320 --> 00:28:40,640
Speaker 2: for the corporate speech displayed lower scores on analytical thinking, reflection,

625
00:28:40,840 --> 00:28:44,040
Speaker 2: and intelligence. If you fall for corporate speed, you're often

626
00:28:44,200 --> 00:28:47,280
Speaker 2: thinking that your supervisor or manager is visionary or charismatic,

627
00:28:47,720 --> 00:28:49,720
Speaker 2: and you're more likely to be inspired by the company's

628
00:28:49,720 --> 00:28:53,120
Speaker 2: mission statement and ultimately, like your job boards in the

629
00:28:53,120 --> 00:28:56,320
Speaker 2: old business, it is really important that when we lift

630
00:28:56,360 --> 00:28:59,040
Speaker 2: this lid up, we've got a rolling thunder of constant

631
00:28:59,040 --> 00:29:03,280
Speaker 2: announcements to remove roll show up. See I was laughing

632
00:29:03,280 --> 00:29:05,200
Speaker 2: at him. I was laughing at him. I'm not falling

633
00:29:05,280 --> 00:29:08,280
Speaker 2: for it. So the business of oil, there's two things here.

634
00:29:08,600 --> 00:29:11,320
Speaker 2: This alignment with Australia all I really want to know.

635
00:29:11,440 --> 00:29:13,760
Speaker 2: They asked, is it dirty fuel? It's not. It's just

636
00:29:13,880 --> 00:29:16,880
Speaker 2: the recipe. It's like Charaz and pen and noa, it's

637
00:29:16,880 --> 00:29:19,120
Speaker 2: still red wine. It just tastes slightly different. You stick

638
00:29:19,120 --> 00:29:21,200
Speaker 2: it in your car, you don't care. If it gives

639
00:29:21,320 --> 00:29:24,600
Speaker 2: us more access to oil and refined petrol, that's all good.

640
00:29:24,960 --> 00:29:26,240
Speaker 2: So we'll have a look at that, and then we

641
00:29:26,320 --> 00:29:28,360
Speaker 2: get to this business. The government's going to pull the

642
00:29:28,360 --> 00:29:31,800
Speaker 2: trigger on some sort of assistance today and you've got one.

643
00:29:32,040 --> 00:29:32,480
Speaker 17: What is it?

644
00:29:32,760 --> 00:29:34,840
Speaker 2: How generous is it? How long is it for? What

645
00:29:34,920 --> 00:29:38,080
Speaker 2: are the parameters? But more importantly, given what's happened overnight,

646
00:29:38,800 --> 00:29:41,720
Speaker 2: have they gone just to shade early? And if this

647
00:29:41,800 --> 00:29:43,880
Speaker 2: thing's going to be wrapped up sooner rather than later,

648
00:29:44,120 --> 00:29:46,840
Speaker 2: are we just throwing good money after bad so? Shane

649
00:29:46,920 --> 00:29:50,240
Speaker 2: Jones on that, among other matter, is Phil Rosenthal. Somebody

650
00:29:50,360 --> 00:29:52,960
Speaker 2: feed Phil he's back with his arms rate You're on

651
00:29:53,000 --> 00:29:53,600
Speaker 2: the make, Hosking.

652
00:29:53,640 --> 00:30:01,360
Speaker 1: Breakfast with the News is mixed, incredible, The Breakfast Show

653
00:30:01,440 --> 00:30:04,800
Speaker 1: you can't best. It's the mic asking, Breakfast with Ranger

654
00:30:04,880 --> 00:30:08,800
Speaker 1: of a Sport SV the Ultimate Performance SUV News togs

655
00:30:09,000 --> 00:30:10,080
Speaker 1: V seven.

656
00:30:10,120 --> 00:30:12,480
Speaker 2: So the question out of the petrol announcement yesterday is

657
00:30:12,560 --> 00:30:16,480
Speaker 2: what we well, we now align ourselves with the Australian recipe.

658
00:30:16,520 --> 00:30:18,680
Speaker 2: How much difference does it actually make? See in theory,

659
00:30:18,720 --> 00:30:22,120
Speaker 2: by matching Australian standards we open access to international shipments.

660
00:30:22,320 --> 00:30:25,280
Speaker 2: Lauren Damelo is the Senior Lecturer Department of Applied Finance

661
00:30:25,320 --> 00:30:28,560
Speaker 2: and Refined Oil Expert at Macquarie University, is with us

662
00:30:28,560 --> 00:30:33,000
Speaker 2: out of Australian Morning to you, good morning the oil

663
00:30:33,160 --> 00:30:35,520
Speaker 2: out there in the world. If we adjust what we

664
00:30:35,800 --> 00:30:39,400
Speaker 2: want all our standards, do we automatically get access to

665
00:30:39,520 --> 00:30:40,520
Speaker 2: a lot more oil.

666
00:30:43,880 --> 00:30:47,600
Speaker 14: It doesn't really work like that, you know, the shipments

667
00:30:47,680 --> 00:30:50,040
Speaker 14: have to be available. A lot of other countries have

668
00:30:50,160 --> 00:30:54,960
Speaker 14: also reduced their standards. Now, both sides of governments have

669
00:30:55,120 --> 00:30:58,840
Speaker 14: not been very transparent as to exactly what the relaxation

670
00:30:58,960 --> 00:31:04,160
Speaker 14: of standard actually means. So in Australia we've had you know,

671
00:31:04,600 --> 00:31:07,560
Speaker 14: fuel that has so fuel comes with a bit of

672
00:31:07,640 --> 00:31:10,840
Speaker 14: self for in it, and over the years we've reduced

673
00:31:10,880 --> 00:31:13,440
Speaker 14: our standards from one hundred and fifty parts per million

674
00:31:13,560 --> 00:31:17,200
Speaker 14: to fifty parts per million and now it's ten parts

675
00:31:17,280 --> 00:31:21,040
Speaker 14: per million. So I'm not sure exactly what the New

676
00:31:21,160 --> 00:31:23,560
Speaker 14: Zealand government's trying to say here, but at the same

677
00:31:23,640 --> 00:31:26,400
Speaker 14: time they're saying we're not going to allow what the

678
00:31:26,640 --> 00:31:30,840
Speaker 14: people have been calling dirty fuel. So the fuel with like,

679
00:31:31,120 --> 00:31:33,880
Speaker 14: you know, fifty parts per million that that's been put

680
00:31:33,960 --> 00:31:36,840
Speaker 14: in our tanks for the last ten years and if

681
00:31:36,880 --> 00:31:39,600
Speaker 14: the government's allowing that to come back in, it's it's

682
00:31:39,760 --> 00:31:42,720
Speaker 14: not going to do anything in no environmental damage that

683
00:31:42,880 --> 00:31:43,560
Speaker 14: some people are.

684
00:31:43,920 --> 00:31:47,000
Speaker 2: Thinking, Okay, so it isn't because the minister he has

685
00:31:47,040 --> 00:31:49,640
Speaker 2: said very clearly it is not dirty fuel. It is

686
00:31:50,480 --> 00:31:55,160
Speaker 2: untrue to call it dirty fuel. You would agree with that, Yeah, I.

687
00:31:55,160 --> 00:31:59,440
Speaker 14: Think the word dirty is kind of misused because, you know,

688
00:31:59,680 --> 00:32:02,720
Speaker 14: because the governments in Australia have been trying to move

689
00:32:02,760 --> 00:32:06,440
Speaker 14: away to the cleaner type fuel. So I think for

690
00:32:06,520 --> 00:32:08,400
Speaker 14: the last ten years, if you use the same fuel,

691
00:32:08,480 --> 00:32:11,360
Speaker 14: this only happened in December twenty twenty five. So I

692
00:32:11,440 --> 00:32:13,840
Speaker 14: think the government in New Zealand needs to go a

693
00:32:13,880 --> 00:32:16,720
Speaker 14: step further and kind of match, you know, what Australia

694
00:32:16,840 --> 00:32:19,680
Speaker 14: is doing, although I have to say the Australian government

695
00:32:19,760 --> 00:32:23,480
Speaker 14: is not very transparent exactly what type of fuel we're importing.

696
00:32:23,800 --> 00:32:26,000
Speaker 2: Well, it's going to say, because in my observation from

697
00:32:26,080 --> 00:32:27,560
Speaker 2: this side of the testament, I think you've got more

698
00:32:27,600 --> 00:32:30,240
Speaker 2: problems than we do. To be perfectly frank, and it

699
00:32:30,360 --> 00:32:33,680
Speaker 2: strikes we've got fifty days or something like that in reserve.

700
00:32:34,160 --> 00:32:36,080
Speaker 2: I don't know where you're at currently, but you've got

701
00:32:36,160 --> 00:32:38,840
Speaker 2: distribution problems and getting it to petrol stations. You've got

702
00:32:38,920 --> 00:32:40,560
Speaker 2: panic buying and all that sort of thing. Do you

703
00:32:40,640 --> 00:32:45,200
Speaker 2: have it under control? What's your observation of that's still

704
00:32:45,560 --> 00:32:46,720
Speaker 2: quite rampant over here.

705
00:32:47,640 --> 00:32:49,840
Speaker 14: I think yesterday there are one hundred and fifty petrol

706
00:32:49,880 --> 00:32:54,280
Speaker 14: stations without any fuel and the biggest problem here is distribution,

707
00:32:55,000 --> 00:32:59,280
Speaker 14: fuel hoarding. People are panic buying. So it is a

708
00:32:59,280 --> 00:33:01,720
Speaker 14: bigger problem I think in Australia and New Zealand, but

709
00:33:02,200 --> 00:33:05,640
Speaker 14: I think look for both countries. In diesel is a

710
00:33:06,120 --> 00:33:10,000
Speaker 14: is a really big concern and even though both sides

711
00:33:10,040 --> 00:33:14,280
Speaker 14: of government, you know, are reassuring us with these small

712
00:33:15,600 --> 00:33:19,880
Speaker 14: or announcement there that went both.

713
00:33:21,000 --> 00:33:23,400
Speaker 2: He's gone, Laurian Demelo, listen, I appreciate you getting up

714
00:33:23,400 --> 00:33:25,240
Speaker 2: early in the morning. Senior lecture a Department of Applied

715
00:33:25,280 --> 00:33:27,880
Speaker 2: Science and refined all expert at mcrorree University. He's up

716
00:33:27,920 --> 00:33:30,840
Speaker 2: early in Sydney, so it's ten minutes past five his time,

717
00:33:31,000 --> 00:33:34,959
Speaker 2: ten minutes past seven here, Pasky. Our economy we're geographically

718
00:33:35,040 --> 00:33:37,720
Speaker 2: each region is that we've got the ASB regional scorecard.

719
00:33:37,800 --> 00:33:41,760
Speaker 2: This morning. Canterbury outperforms everyone as usual, jobs, spending, tourism,

720
00:33:41,800 --> 00:33:43,720
Speaker 2: getting up in the morning and tying issue laces. They

721
00:33:43,760 --> 00:33:46,200
Speaker 2: went on everything at Targo and Wykatta were joined second,

722
00:33:46,240 --> 00:33:49,480
Speaker 2: Auckland is up to fourth, Wellington last. Nick Touughley is

723
00:33:49,520 --> 00:33:51,960
Speaker 2: the asb's chief economist, anders with us. Nick, morning to you,

724
00:33:52,640 --> 00:33:55,640
Speaker 2: good morning. Is this going to change in the foreseeable future?

725
00:33:55,680 --> 00:33:58,160
Speaker 2: As Canterbury just the rock star, followed closely by the

726
00:33:58,360 --> 00:33:59,880
Speaker 2: South Island broadly.

727
00:34:00,840 --> 00:34:03,959
Speaker 18: Well, it's not going to remain there forever, although there

728
00:34:04,000 --> 00:34:06,000
Speaker 18: have been some times and it's been pretty strong for

729
00:34:06,120 --> 00:34:10,000
Speaker 18: reasons such as all the earthquake rebuilding. But look what

730
00:34:10,160 --> 00:34:12,120
Speaker 18: we have seen over the last year or two is

731
00:34:12,200 --> 00:34:16,040
Speaker 18: just that general theme of its those export focused regions

732
00:34:16,239 --> 00:34:19,359
Speaker 18: have tended to be quite resilient and I think we'll

733
00:34:19,400 --> 00:34:22,640
Speaker 18: see that continuing to a fair degree. Although that rise

734
00:34:22,680 --> 00:34:26,440
Speaker 18: of Auckland does point two that impact that lower interest

735
00:34:26,560 --> 00:34:29,080
Speaker 18: rates over the last couple of years have started to have.

736
00:34:29,560 --> 00:34:31,719
Speaker 2: Right what about tourism, It seems to be on a

737
00:34:31,760 --> 00:34:33,640
Speaker 2: bit of a bounce back of those sort of areas

738
00:34:33,719 --> 00:34:35,760
Speaker 2: going to feel are feeling that at the moment.

739
00:34:37,160 --> 00:34:41,000
Speaker 18: We have done fairly well, although the tourism recovery has

740
00:34:41,000 --> 00:34:43,439
Speaker 18: sort of petered out for a number of markets. We've

741
00:34:43,480 --> 00:34:46,839
Speaker 18: been very reliant on that Australian market where just after

742
00:34:46,880 --> 00:34:50,000
Speaker 18: the initial post COVID rebound where we saw growth from

743
00:34:50,000 --> 00:34:52,800
Speaker 18: other markets sort of flatten off a but it's continued

744
00:34:52,840 --> 00:34:54,520
Speaker 18: to rise up. I think that's where a lot of

745
00:34:54,560 --> 00:34:59,040
Speaker 18: promise does lie because in these times of rising airfares,

746
00:34:59,440 --> 00:35:03,960
Speaker 18: worries about out global security, we are close and we

747
00:35:04,040 --> 00:35:06,520
Speaker 18: are really cheap with where the exchange rate is, so

748
00:35:06,719 --> 00:35:09,600
Speaker 18: that's one thing that we'll hopefully offset some of those

749
00:35:09,640 --> 00:35:10,240
Speaker 18: other negatives.

750
00:35:10,400 --> 00:35:12,880
Speaker 2: That Auckland resurgence is important, even if you're not in

751
00:35:13,000 --> 00:35:15,799
Speaker 2: Auckland because it's big numbers, it's big people, and it's

752
00:35:15,840 --> 00:35:18,800
Speaker 2: a big engine. So that moving moves everything, doesn't it.

753
00:35:19,719 --> 00:35:21,399
Speaker 18: It does help, you know, We've got sort of rough

754
00:35:21,400 --> 00:35:24,840
Speaker 18: around about thirty five percent of the population and economy

755
00:35:24,920 --> 00:35:27,719
Speaker 18: based in Auckland, so it does matter for demand around

756
00:35:27,760 --> 00:35:29,400
Speaker 18: the rest of the country. And when you think about

757
00:35:30,000 --> 00:35:34,200
Speaker 18: how much of a share of goods within New Zealand

758
00:35:34,320 --> 00:35:37,400
Speaker 18: moved through that sort of golden triangles of like Auckland

759
00:35:37,480 --> 00:35:40,279
Speaker 18: to like have a bay of plenty. Yeah, there are

760
00:35:40,320 --> 00:35:41,360
Speaker 18: those significance like that.

761
00:35:41,680 --> 00:35:43,160
Speaker 2: What do you make of the comments over night on

762
00:35:43,239 --> 00:35:45,440
Speaker 2: the war and the oil and the markets and or

763
00:35:45,560 --> 00:35:46,239
Speaker 2: we just don't know.

764
00:35:47,400 --> 00:35:50,680
Speaker 18: Look, I think quite frankly, we just don't know. It

765
00:35:50,840 --> 00:35:52,799
Speaker 18: sounds like there may have been some talks, although when

766
00:35:52,840 --> 00:35:54,520
Speaker 18: you read some of the comments, it doesn't sound like

767
00:35:54,560 --> 00:35:56,839
Speaker 18: the Uranians are as convinced that there have been been

768
00:35:56,920 --> 00:36:00,840
Speaker 18: some talks. I think we just need to be making

769
00:36:00,880 --> 00:36:05,520
Speaker 18: sure we're planning for all prices remaining high for a period.

770
00:36:05,520 --> 00:36:07,400
Speaker 18: It looks even if the war was to suddenly end

771
00:36:08,120 --> 00:36:12,400
Speaker 18: in this week, we're still going to face some disruption

772
00:36:12,520 --> 00:36:14,880
Speaker 18: to oil supplies and high oil prices because you've just

773
00:36:14,960 --> 00:36:19,280
Speaker 18: got this global supply chain which needs to untangle itself,

774
00:36:19,400 --> 00:36:21,560
Speaker 18: and you've got actual damage that has happened to some

775
00:36:21,840 --> 00:36:22,560
Speaker 18: of the facilities.

776
00:36:22,719 --> 00:36:24,560
Speaker 2: Do you agree with it? I think it was standard

777
00:36:24,600 --> 00:36:26,320
Speaker 2: and Pause, and if it wasn't standard in Pause, it

778
00:36:26,400 --> 00:36:28,480
Speaker 2: was also the head of United Airlians. He said, even

779
00:36:28,520 --> 00:36:30,840
Speaker 2: if this thing's fixed tomorrow, he sees aviation at one

780
00:36:30,920 --> 00:36:34,839
Speaker 2: hundred bucks a barrow right through twenty seven. Is that fair?

781
00:36:36,280 --> 00:36:39,680
Speaker 18: Well, we don't really see oil prices going back to

782
00:36:39,800 --> 00:36:43,520
Speaker 18: where they were before this. You still got the issue

783
00:36:43,640 --> 00:36:46,600
Speaker 18: of squeeze in the short term. We don't know quite

784
00:36:46,640 --> 00:36:48,680
Speaker 18: what damage has been done to some of the refining

785
00:36:49,160 --> 00:36:51,880
Speaker 18: capacity in the Middle East where there's been a lot

786
00:36:51,880 --> 00:36:56,200
Speaker 18: of diesel and jet fuel coming through from there as well.

787
00:36:56,360 --> 00:36:58,920
Speaker 18: But you're also, I think likely you have a lot

788
00:36:59,000 --> 00:37:03,200
Speaker 18: more focus on getting security of supply and that doesn't

789
00:37:03,239 --> 00:37:07,960
Speaker 18: necessarily mean that will be depending as much on Middle

790
00:37:07,960 --> 00:37:09,880
Speaker 18: East and fuel will be wanted to try and get

791
00:37:09,920 --> 00:37:10,719
Speaker 18: it from somewhere else.

792
00:37:10,960 --> 00:37:13,279
Speaker 2: Interesting, all right, mate, appreciate it. Nick Tuffley, who's the

793
00:37:13,320 --> 00:37:17,120
Speaker 2: ASB Chief Economists fourteen minutes past seven, Can my business

794
00:37:17,160 --> 00:37:17,800
Speaker 2: get a subsidy?

795
00:37:17,880 --> 00:37:18,000
Speaker 4: Mic?

796
00:37:18,040 --> 00:37:20,239
Speaker 2: As we're paying thirty eight percent fuel adjustment factor on

797
00:37:20,280 --> 00:37:23,760
Speaker 2: our sixty thousand dollars a month freight bill. Mike's significant

798
00:37:23,800 --> 00:37:26,279
Speaker 2: drop an oil price overnight retail fuel prices must be

799
00:37:26,360 --> 00:37:28,480
Speaker 2: coming down by lunchtime year. Right here, there's a lot

800
00:37:28,520 --> 00:37:30,640
Speaker 2: of pessimism about all of that. Mike. We had our

801
00:37:30,680 --> 00:37:33,120
Speaker 2: own oil refinery at Marsden Point. What happened to that?

802
00:37:33,800 --> 00:37:37,440
Speaker 2: Don't raise that. When Shane Jones is on the program,

803
00:37:37,760 --> 00:37:39,960
Speaker 2: he'll go off fourteen past.

804
00:37:41,120 --> 00:37:45,560
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

805
00:37:45,560 --> 00:37:46,520
Speaker 1: by News Talks.

806
00:37:46,320 --> 00:37:49,120
Speaker 2: At b Heath Mills. On this cricket, I'm not convinced

807
00:37:49,160 --> 00:37:52,760
Speaker 2: this cricket's a good vote. Yesterday, certainly deal Nash wasn't convinced.

808
00:37:52,800 --> 00:37:55,359
Speaker 2: He quit, So we'll do that in the next half hour,

809
00:37:55,360 --> 00:37:58,279
Speaker 2: Phil Rosenthal, if somebody food fill after eight seventeen minutes past.

810
00:37:58,320 --> 00:38:01,120
Speaker 2: Moving in the hotel sector too, a couple of local players,

811
00:38:01,200 --> 00:38:03,319
Speaker 2: Capstone and Marsden. Do you know the names. They've merged

812
00:38:03,360 --> 00:38:06,319
Speaker 2: to create the country's largest independent hotel platform. So we're

813
00:38:06,320 --> 00:38:08,439
Speaker 2: talking forty five properties, two and a half thousand rooms.

814
00:38:08,520 --> 00:38:12,120
Speaker 2: Sergeant Bassam is the CEO of the merged group and

815
00:38:12,360 --> 00:38:15,719
Speaker 2: is with us morning morning. This been in the pipeline

816
00:38:15,719 --> 00:38:16,080
Speaker 2: a while.

817
00:38:18,480 --> 00:38:21,839
Speaker 19: Yes, yes, of course, this is a strategic more for us,

818
00:38:21,880 --> 00:38:26,759
Speaker 19: which was a plan move. The timing basically reflects through

819
00:38:26,800 --> 00:38:30,879
Speaker 19: the market's heading for us, and we had two big

820
00:38:31,080 --> 00:38:36,440
Speaker 19: local businesses performing well independently and we saw this opportunity

821
00:38:36,520 --> 00:38:41,400
Speaker 19: to create something more powerful together, so we took. We

822
00:38:41,480 --> 00:38:44,880
Speaker 19: took the opportunity and this is scare benefits everyone and

823
00:38:45,040 --> 00:38:50,360
Speaker 19: the industry. Hence we got the bigger, more powerful local

824
00:38:50,440 --> 00:38:51,759
Speaker 19: company operator good.

825
00:38:52,000 --> 00:38:54,640
Speaker 2: So this is just about scale or is there a

826
00:38:54,719 --> 00:38:57,480
Speaker 2: whole lot of alignment involved within the hotels, within the

827
00:38:57,560 --> 00:38:59,319
Speaker 2: company where you need to sort of you know, get

828
00:38:59,320 --> 00:38:59,960
Speaker 2: your ducks in a row.

829
00:39:02,719 --> 00:39:04,680
Speaker 19: No, it's not just about the scale. It's it's it's

830
00:39:04,760 --> 00:39:08,240
Speaker 19: one of the main reasons. But we've got international brands

831
00:39:08,400 --> 00:39:13,600
Speaker 19: expanding into New Zealand, UH and to be able to

832
00:39:13,680 --> 00:39:15,600
Speaker 19: compete with it was one of the main things we

833
00:39:15,719 --> 00:39:21,280
Speaker 19: need was the scale, UH and that's what was lacking

834
00:39:21,360 --> 00:39:24,360
Speaker 19: for us because we were both operating independently and powerfully.

835
00:39:24,880 --> 00:39:27,239
Speaker 19: But this gives us the ability to compete with these

836
00:39:27,320 --> 00:39:28,160
Speaker 19: international brands.

837
00:39:28,200 --> 00:39:31,000
Speaker 2: You fullish, you bullish on tourism at the moment, do

838
00:39:31,080 --> 00:39:32,840
Speaker 2: you feel that things are going pretty well, that the

839
00:39:32,880 --> 00:39:33,719
Speaker 2: recovery is on a bit.

840
00:39:36,080 --> 00:39:36,560
Speaker 18: We we do.

841
00:39:36,880 --> 00:39:37,680
Speaker 5: We are positive.

842
00:39:38,440 --> 00:39:42,920
Speaker 19: We are definitely positive. Tourism is coming back, the demand

843
00:39:43,080 --> 00:39:46,719
Speaker 19: is there. The focus now is making it sustainable. You

844
00:39:46,760 --> 00:39:51,520
Speaker 19: know we derive infrastructure, staffing and a you know, better

845
00:39:52,120 --> 00:39:53,280
Speaker 19: margin across the country.

846
00:39:53,400 --> 00:39:56,000
Speaker 2: Yeah, well, I'll wish you the base well appreciated. Sergia Basum,

847
00:39:56,000 --> 00:39:58,759
Speaker 2: who's the boss of Kepstone of Marsden. I looked them up.

848
00:39:58,840 --> 00:40:00,480
Speaker 2: So how in Auckland if you you know that won

849
00:40:00,520 --> 00:40:02,640
Speaker 2: the Nautilus Arua north of Auckland. When I was going

850
00:40:02,680 --> 00:40:04,720
Speaker 2: to tell you in the Tasman, they've got the Aurarua Lodge,

851
00:40:05,320 --> 00:40:08,319
Speaker 2: They've got the Theatre Royal on the west coast, they've

852
00:40:08,320 --> 00:40:11,600
Speaker 2: got the Woodhouse Mountain Lodge. In the mighty matter Carn Mike.

853
00:40:11,680 --> 00:40:14,440
Speaker 2: If SQ can put six flights to London, surely New

854
00:40:14,520 --> 00:40:16,000
Speaker 2: Zealand couldust off ends in one year.

855
00:40:16,040 --> 00:40:16,319
Speaker 5: Well they are.

856
00:40:16,360 --> 00:40:19,120
Speaker 2: They're going to gatwork. I don't know when, but they're

857
00:40:19,120 --> 00:40:21,439
Speaker 2: problem's playing. I'm bullish on air New Zealand. I'm hoping

858
00:40:21,440 --> 00:40:23,840
Speaker 2: I'm bullish on air New Zealand because everyone who's not

859
00:40:23,880 --> 00:40:26,480
Speaker 2: flying through the Middle East is flying up through Asia

860
00:40:26,520 --> 00:40:29,279
Speaker 2: which is US, or flying up through America, which also

861
00:40:29,440 --> 00:40:32,800
Speaker 2: can be US. So therefore, if we can get planes

862
00:40:33,040 --> 00:40:36,719
Speaker 2: and seats, I would like to think that the New

863
00:40:36,800 --> 00:40:39,120
Speaker 2: Zealand could be a beneficiary of the upheaval and the

864
00:40:39,160 --> 00:40:42,040
Speaker 2: travel market at the moment like Singapore. Clearly are seven.

865
00:40:44,080 --> 00:40:48,719
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, car

866
00:40:48,840 --> 00:40:50,480
Speaker 1: off by News talksp.

867
00:40:52,160 --> 00:40:52,200
Speaker 4: I.

868
00:40:52,280 --> 00:40:54,080
Speaker 2: Now, if you're a sales leader under pressure, you know

869
00:40:54,160 --> 00:40:56,239
Speaker 2: what it's like when that profitable new business winning those

870
00:40:56,280 --> 00:40:58,640
Speaker 2: tenders in the RFPs. That's the key to your success.

871
00:40:58,800 --> 00:41:01,160
Speaker 2: But not just any tender or RFP. You want the

872
00:41:01,160 --> 00:41:03,799
Speaker 2: good customers, you want the profitable ones. So that means

873
00:41:04,080 --> 00:41:06,600
Speaker 2: sort of having to carefully select your target prospects and

874
00:41:06,680 --> 00:41:09,880
Speaker 2: vestor more creative time with your responses increase your odds

875
00:41:09,920 --> 00:41:12,279
Speaker 2: of winning without the pain of responding. So you can

876
00:41:12,440 --> 00:41:14,480
Speaker 2: make your luck. This is the good news. You can

877
00:41:14,600 --> 00:41:17,120
Speaker 2: make your luck by focusing on the quality of your response,

878
00:41:17,640 --> 00:41:21,080
Speaker 2: not with last minute rehash, but with a consistent, cohesive

879
00:41:21,160 --> 00:41:23,120
Speaker 2: response and one that can help you win that profitable

880
00:41:23,160 --> 00:41:25,879
Speaker 2: business too. Because they've got the sister company Grizzly AI.

881
00:41:26,400 --> 00:41:28,600
Speaker 2: Grizzly's gone and built the safe and secure software for

882
00:41:28,640 --> 00:41:30,600
Speaker 2: the risk of urs businesses to water. Make that tender

883
00:41:30,600 --> 00:41:33,920
Speaker 2: and RFP response with AI and Grizzly software means you

884
00:41:34,000 --> 00:41:38,160
Speaker 2: can create winning proposals faster, lower cost, much higher success rate.

885
00:41:38,480 --> 00:41:40,960
Speaker 2: And if you need to win new profitable businesses one

886
00:41:41,040 --> 00:41:43,000
Speaker 2: net dot co dot MZ, there's your address, the winning

887
00:41:43,040 --> 00:41:45,840
Speaker 2: address one net dot co dot nz. You'll get a

888
00:41:45,880 --> 00:41:49,560
Speaker 2: complementary consultation that will assess how your business can win

889
00:41:49,680 --> 00:41:52,840
Speaker 2: more RFPs with Grizzly. So you got one Net, you

890
00:41:52,960 --> 00:41:55,759
Speaker 2: got Grizzly. You've got a powerful team for increasing your

891
00:41:55,800 --> 00:41:59,359
Speaker 2: profitability pasking right now. Sevent twenty four of the question

892
00:41:59,520 --> 00:42:01,440
Speaker 2: is what can the government do to help you offset

893
00:42:01,520 --> 00:42:03,919
Speaker 2: the war and its costs. The answers will not only

894
00:42:04,080 --> 00:42:06,640
Speaker 2: be all different, of course, chances are no one is

895
00:42:06,680 --> 00:42:08,799
Speaker 2: going to end up satisfied or even grateful. And yet

896
00:42:08,880 --> 00:42:12,240
Speaker 2: that is the dilemma the government currently faces, as indeed

897
00:42:12,239 --> 00:42:15,399
Speaker 2: to all governments. The moment something untoward happens, our first

898
00:42:15,480 --> 00:42:17,320
Speaker 2: port of call is always the government. Of course, epic

899
00:42:17,400 --> 00:42:19,759
Speaker 2: fury is not the government's fault, it is not of

900
00:42:19,800 --> 00:42:23,440
Speaker 2: their making. It is just life in an increasingly unsettled

901
00:42:23,480 --> 00:42:26,480
Speaker 2: and unpredictable world now, depending also on your political leaning,

902
00:42:26,920 --> 00:42:29,320
Speaker 2: depends on just what sort of role the government should

903
00:42:29,360 --> 00:42:31,640
Speaker 2: have in your life. It is made worse for our

904
00:42:31,760 --> 00:42:34,920
Speaker 2: government because its election year. Their great fear will be

905
00:42:35,040 --> 00:42:37,279
Speaker 2: one this thing isn't over soon, and to therefore the

906
00:42:37,360 --> 00:42:40,880
Speaker 2: fallout will be simply keep getting worse and worse. Outside

907
00:42:40,920 --> 00:42:44,040
Speaker 2: of petrol, we actually haven't seen any impact yet because

908
00:42:44,080 --> 00:42:46,640
Speaker 2: most have already forgotten. This thing is only three weeks old,

909
00:42:46,680 --> 00:42:48,600
Speaker 2: and even though they said it could be sex, we're

910
00:42:48,680 --> 00:42:51,239
Speaker 2: over it already. But in some way, shape or form,

911
00:42:51,760 --> 00:42:54,560
Speaker 2: we will be short of something sooner or later. The

912
00:42:54,640 --> 00:42:56,640
Speaker 2: trick for the government is when to pull the trigger.

913
00:42:56,680 --> 00:42:59,240
Speaker 2: The trigger is being pulled today, What sort of trigger

914
00:42:59,360 --> 00:43:02,560
Speaker 2: is it? Once you start, your first trap is the out?

915
00:43:03,120 --> 00:43:05,960
Speaker 2: Getting in is always easier than getting out. Turning the

916
00:43:06,040 --> 00:43:08,680
Speaker 2: tap on is always easier than turning it off. What's

917
00:43:08,760 --> 00:43:11,439
Speaker 2: the end? What's it look like? What has to happen?

918
00:43:11,960 --> 00:43:14,160
Speaker 2: You really win on that you see? Given we don't

919
00:43:14,200 --> 00:43:16,320
Speaker 2: know what happens next in a conflict, we have no

920
00:43:16,400 --> 00:43:18,520
Speaker 2: control over. What are the parameters of the help? How

921
00:43:18,600 --> 00:43:21,120
Speaker 2: targeted can it be? How much should a government help

922
00:43:21,160 --> 00:43:24,480
Speaker 2: and who should they help? If it's petrol. Why not food?

923
00:43:25,040 --> 00:43:27,520
Speaker 2: Why not your mortgage? I mean they're all directly related

924
00:43:27,560 --> 00:43:29,879
Speaker 2: and will all potentially move because of the war. Best

925
00:43:29,960 --> 00:43:32,640
Speaker 2: scenario is, of course, this thing gets wrapped and it's

926
00:43:32,680 --> 00:43:34,680
Speaker 2: a blip and we can all get on life. And

927
00:43:34,800 --> 00:43:37,200
Speaker 2: the overnight action, of course, would indicate that this thing's

928
00:43:37,239 --> 00:43:39,879
Speaker 2: going to be over sooner rather than later. But from

929
00:43:39,920 --> 00:43:43,000
Speaker 2: the starting point of having less than no money, in

930
00:43:43,160 --> 00:43:45,760
Speaker 2: a world where debt is getting more expensive and nothing

931
00:43:45,840 --> 00:43:49,400
Speaker 2: you do will be enough, you wouldn't wish that headache

932
00:43:49,440 --> 00:43:52,160
Speaker 2: on your worst enemy, would you? Asking do you want

933
00:43:52,160 --> 00:43:54,480
Speaker 2: an apology? I've I'm in the mood for an apology,

934
00:43:54,600 --> 00:43:58,200
Speaker 2: Linda writes to me. Linda's ropable. Linda's a principle. I

935
00:43:58,239 --> 00:44:00,279
Speaker 2: don't think she's ropeable. I made that up. She's at

936
00:44:00,280 --> 00:44:02,640
Speaker 2: Glenn View School. This time is yesterday. I was telling

937
00:44:02,640 --> 00:44:05,200
Speaker 2: you about the story she was on the news on Friday.

938
00:44:05,239 --> 00:44:07,960
Speaker 2: I think it was school lunches. She wants to give

939
00:44:07,960 --> 00:44:09,920
Speaker 2: away the school lunches that aren't eating. She calls the

940
00:44:09,960 --> 00:44:10,920
Speaker 2: food delicious. It's fair.

941
00:44:11,000 --> 00:44:13,560
Speaker 20: How can we look at a lovely portion? Are a

942
00:44:13,640 --> 00:44:18,279
Speaker 20: few portions of lasagnya chicken pass de bake heading off

943
00:44:18,320 --> 00:44:20,680
Speaker 20: to the rubbish sperm when we know that there are

944
00:44:20,760 --> 00:44:24,120
Speaker 20: some families in our community that would really appreciate it.

945
00:44:24,360 --> 00:44:26,719
Speaker 2: So she writes, Mike, you misquoted me when you said

946
00:44:26,760 --> 00:44:28,440
Speaker 2: I was the same principle who a few months ago

947
00:44:28,520 --> 00:44:30,880
Speaker 2: had been complaining about how terrible the lunches are. The

948
00:44:30,960 --> 00:44:34,000
Speaker 2: miscommunication here, Linda is I was referring, and I'll copy it.

949
00:44:34,360 --> 00:44:36,000
Speaker 2: I'm sorry if I did upset you, and I don't

950
00:44:36,040 --> 00:44:39,200
Speaker 2: want to. I was suggesting these are the same people,

951
00:44:39,600 --> 00:44:42,120
Speaker 2: broadly speaking, the teaching community. They're the same people who

952
00:44:42,120 --> 00:44:44,239
Speaker 2: wouldn't eat the stuff because it was muck. Now they

953
00:44:44,280 --> 00:44:46,320
Speaker 2: want to give it away because it's beautiful. And she

954
00:44:46,480 --> 00:44:48,800
Speaker 2: does ask at the end of the letter, what's the

955
00:44:48,840 --> 00:44:51,040
Speaker 2: problem with giving away food? Well, I think the rules

956
00:44:51,080 --> 00:44:52,719
Speaker 2: of the problem with giving away the food. You can't

957
00:44:52,760 --> 00:44:55,759
Speaker 2: just give away food because when you give away food

958
00:44:55,840 --> 00:44:57,960
Speaker 2: and the expiry dates go on and somebody eats it

959
00:44:58,000 --> 00:45:00,680
Speaker 2: and then they get salmonella? Is that your at David

960
00:45:00,719 --> 00:45:02,800
Speaker 2: Seymour's fault? Is it another story on the news on

961
00:45:02,840 --> 00:45:06,320
Speaker 2: the television at night? So my sincere apologies, have you

962
00:45:06,400 --> 00:45:09,560
Speaker 2: got caught up on this? But the point being teachers

963
00:45:09,719 --> 00:45:13,319
Speaker 2: hated the food. It was disgusting, and now apparently it's

964
00:45:13,360 --> 00:45:15,279
Speaker 2: not so disgusting, and we want to give it away

965
00:45:15,320 --> 00:45:20,480
Speaker 2: because it's apparently delicious. Shane Jones. Shortly then this cricket

966
00:45:21,239 --> 00:45:24,359
Speaker 2: Dion Nash, Actually Heath Mills is with us. He's quit

967
00:45:24,440 --> 00:45:26,560
Speaker 2: as well. I don't think he's quit because of the

968
00:45:27,160 --> 00:45:29,560
Speaker 2: new cricket, but he's quit. So we'll ask him about that.

969
00:45:31,080 --> 00:45:35,080
Speaker 1: No fluff, just facts and fierce debate. The mic asking

970
00:45:35,160 --> 00:45:39,840
Speaker 1: breakfast with Bailey's real estate altogether better across residential, commercial

971
00:45:40,000 --> 00:45:41,200
Speaker 1: and rural news talks.

972
00:45:41,200 --> 00:45:43,120
Speaker 2: Head Been, I might want to talk you about last

973
00:45:43,160 --> 00:45:46,560
Speaker 2: week in Saudi Arabia. I didn't realize it was part

974
00:45:46,600 --> 00:45:48,440
Speaker 2: of a forty five year plan. So if you ever

975
00:45:48,480 --> 00:45:50,360
Speaker 2: want to go down the track of planning for the

976
00:45:50,440 --> 00:45:53,000
Speaker 2: future or planning for the worst case scenario, this is

977
00:45:53,040 --> 00:45:55,200
Speaker 2: a good example of it. I'll come back to the

978
00:45:55,239 --> 00:45:57,640
Speaker 2: pine of details in a moment, but on related matters,

979
00:45:58,120 --> 00:46:00,400
Speaker 2: we get details today of some sort of relief from

980
00:46:00,440 --> 00:46:03,240
Speaker 2: the government. Of course, we also have these newly aligned

981
00:46:03,320 --> 00:46:06,440
Speaker 2: fuel standards with Australia. Shane Jones, as the Associated Minister

982
00:46:06,520 --> 00:46:07,400
Speaker 2: of Energy, is with us.

983
00:46:07,480 --> 00:46:10,600
Speaker 9: Morning to you, Hey, Gilda morning.

984
00:46:10,680 --> 00:46:13,440
Speaker 2: Folks, can you, in Layman's terms, and I was watching

985
00:46:13,560 --> 00:46:16,560
Speaker 2: yesterday in the Beehive, can you, in Layman's terms, explain

986
00:46:16,640 --> 00:46:18,920
Speaker 2: to me what the alignment is? I mean, how different

987
00:46:19,120 --> 00:46:22,000
Speaker 2: is the fuel and how much more access to product

988
00:46:22,080 --> 00:46:23,960
Speaker 2: do we get as a result of it?

989
00:46:26,480 --> 00:46:31,759
Speaker 9: Right without risking the fear and the negative feedback of

990
00:46:31,840 --> 00:46:35,560
Speaker 9: reminding your listeners how little they know about chemistry. The

991
00:46:35,680 --> 00:46:39,840
Speaker 9: reason that we ended up with slightly different fuel specifications

992
00:46:40,440 --> 00:46:44,320
Speaker 9: attained to the different temperatures in our country. Fuel that

993
00:46:44,520 --> 00:46:49,480
Speaker 9: is designed for Queensland doesn't necessarily find great usefulness in

994
00:46:49,600 --> 00:46:52,680
Speaker 9: twice all, and there is a problem called engine knock. Now,

995
00:46:52,800 --> 00:46:54,840
Speaker 9: you being a carpacy, you know that would know about

996
00:46:54,840 --> 00:46:59,200
Speaker 9: this and what we've ended up doing as ensuring that

997
00:46:59,360 --> 00:47:04,040
Speaker 9: those specialifications which can be aligned and harmonized with the Aussies,

998
00:47:04,360 --> 00:47:07,920
Speaker 9: we're signing them off. The most vulnerable piece we're not

999
00:47:08,080 --> 00:47:10,960
Speaker 9: signing off, which does do damage to cars, not unlike

1000
00:47:11,000 --> 00:47:14,120
Speaker 9: the new European car that you've got, is sulfur content

1001
00:47:14,440 --> 00:47:17,600
Speaker 9: inside the fuel that we use. That is not going

1002
00:47:17,680 --> 00:47:20,440
Speaker 9: to be signed off until we're confident what's the extent

1003
00:47:20,560 --> 00:47:25,239
Speaker 9: of risk to the new European emissions compliant engines in

1004
00:47:25,320 --> 00:47:25,880
Speaker 9: New Zealand.

1005
00:47:26,160 --> 00:47:29,239
Speaker 2: Right, so well, explain, thank you. Having said that, in

1006
00:47:29,440 --> 00:47:32,200
Speaker 2: doing what we've done, how much more oil can we

1007
00:47:32,320 --> 00:47:33,800
Speaker 2: get access to as a result.

1008
00:47:35,080 --> 00:47:38,120
Speaker 9: Well, the fuel companies tell us that'll give them more options.

1009
00:47:38,280 --> 00:47:41,600
Speaker 9: I think where we're heading, Mike is to an ANZAC

1010
00:47:41,760 --> 00:47:43,960
Speaker 9: sort of arrangement, because on a good day, there's about

1011
00:47:44,000 --> 00:47:46,320
Speaker 9: thirty million of us in Australasia and we're at the

1012
00:47:46,480 --> 00:47:49,400
Speaker 9: end of the railway track. We need to work together.

1013
00:47:49,480 --> 00:47:52,000
Speaker 9: The Prime Minister has been talking with the Australian Prime

1014
00:47:52,040 --> 00:47:56,200
Speaker 9: Minister and in the event, we need to act more

1015
00:47:56,320 --> 00:47:59,239
Speaker 9: robustly on the supply side, and it's better that we

1016
00:47:59,360 --> 00:48:03,239
Speaker 9: do it together. The harmonization of the specifications and the

1017
00:48:03,360 --> 00:48:08,080
Speaker 9: technicalities will enable us to draw fuel from a wider

1018
00:48:08,200 --> 00:48:11,480
Speaker 9: range of sources. That's what the oil companies tell us.

1019
00:48:11,520 --> 00:48:16,080
Speaker 9: For example, one hundred and twenty million liter carrier, which

1020
00:48:16,120 --> 00:48:18,560
Speaker 9: is not a milk run carrier, may be bringing that

1021
00:48:18,680 --> 00:48:22,320
Speaker 9: fuel to Australia. Now, if that is the case, and

1022
00:48:22,440 --> 00:48:24,759
Speaker 9: it's possible to drop some off in New Zealand by

1023
00:48:25,200 --> 00:48:27,359
Speaker 9: aligning the specifications, that can happen.

1024
00:48:27,560 --> 00:48:31,800
Speaker 2: Yeah, it seems simple. Why don't we just make it permanent.

1025
00:48:33,680 --> 00:48:37,000
Speaker 9: Well, the PM is actually on the case with the

1026
00:48:37,040 --> 00:48:41,600
Speaker 9: host of his ministers and wants to see more harmonization

1027
00:48:41,800 --> 00:48:42,360
Speaker 9: and alignment.

1028
00:48:42,440 --> 00:48:44,080
Speaker 13: And I would look no further than the.

1029
00:48:44,120 --> 00:48:48,320
Speaker 9: Civil aviation regulations that like New Zealand and an organization

1030
00:48:48,480 --> 00:48:50,920
Speaker 9: that has failed, in my view, the facilitation and the

1031
00:48:51,000 --> 00:48:54,200
Speaker 9: development of our aviation sector. And I only hope and

1032
00:48:54,280 --> 00:48:57,120
Speaker 9: pray we get around to harmonizing those regulations with the

1033
00:48:57,160 --> 00:48:59,120
Speaker 9: Aussies and the KEYWI sooner rather than later.

1034
00:48:59,280 --> 00:48:59,600
Speaker 2: Should we?

1035
00:49:00,080 --> 00:49:00,239
Speaker 17: Yet?

1036
00:49:00,360 --> 00:49:00,640
Speaker 5: Is it not?

1037
00:49:01,160 --> 00:49:02,200
Speaker 2: The things are they?

1038
00:49:03,920 --> 00:49:04,120
Speaker 13: Yeah?

1039
00:49:04,200 --> 00:49:09,160
Speaker 9: Well, obviously we have an absolute need for aviation innovation,

1040
00:49:09,680 --> 00:49:13,440
Speaker 9: not only for regional travel but for export movements. And

1041
00:49:14,520 --> 00:49:20,120
Speaker 9: our colleague mister Meeger's working with various elements in the bureaucracy.

1042
00:49:20,239 --> 00:49:23,560
Speaker 9: That's a specific example of where we could do other harmonization.

1043
00:49:24,200 --> 00:49:27,320
Speaker 9: If I get the support from the cabinet after further analysis,

1044
00:49:27,760 --> 00:49:30,480
Speaker 9: then I'm all up for making this harmonization permanently.

1045
00:49:30,719 --> 00:49:33,440
Speaker 2: So this is never wasting a crisis where we're learning

1046
00:49:33,520 --> 00:49:35,399
Speaker 2: things here. We may well come out of this better

1047
00:49:35,440 --> 00:49:36,279
Speaker 2: than when we went in.

1048
00:49:37,719 --> 00:49:37,919
Speaker 13: Yeah.

1049
00:49:38,120 --> 00:49:38,319
Speaker 5: Yeah.

1050
00:49:38,400 --> 00:49:40,279
Speaker 9: What we've got to make sure we do is we

1051
00:49:40,360 --> 00:49:43,600
Speaker 9: don't turn the checkbook into confetti, and that may sound

1052
00:49:43,640 --> 00:49:46,560
Speaker 9: a tad harsh, but the reality is we have limited

1053
00:49:46,680 --> 00:49:50,000
Speaker 9: fiscal boundaries to work with them because, as you've said

1054
00:49:50,040 --> 00:49:54,120
Speaker 9: on your own program, an enormous amount of profligacy I

1055
00:49:54,239 --> 00:49:55,120
Speaker 9: was visited upon.

1056
00:49:55,080 --> 00:49:59,720
Speaker 2: Us yes time, the speaking of which in this announcement today,

1057
00:50:00,000 --> 00:50:04,200
Speaker 2: even what's happened overnight and this is clearly ending very shortly,

1058
00:50:05,440 --> 00:50:07,319
Speaker 2: are you going to pull the trigger? It's not your job,

1059
00:50:07,400 --> 00:50:09,440
Speaker 2: I get it, but you're the only minister on Are

1060
00:50:09,480 --> 00:50:11,320
Speaker 2: you going to potentially pull the trigger today? Just a

1061
00:50:11,400 --> 00:50:13,239
Speaker 2: bit soon and you might want to hold off.

1062
00:50:15,280 --> 00:50:19,640
Speaker 9: Well, Winston has already said that the hostilities and the

1063
00:50:19,719 --> 00:50:24,360
Speaker 9: actual conflict will be over well before we ever find

1064
00:50:24,440 --> 00:50:26,800
Speaker 9: the time to put Humpty Dumpty back together again in

1065
00:50:26,880 --> 00:50:30,800
Speaker 9: a fuel supply site. So what we're doing, quite apart

1066
00:50:30,880 --> 00:50:34,520
Speaker 9: from the fiscal dimension that the Finance mines is going

1067
00:50:34,560 --> 00:50:38,279
Speaker 9: to refer to later today, we've got to really rephrase

1068
00:50:38,520 --> 00:50:40,759
Speaker 9: and rethink how we deal with fuel, both from a

1069
00:50:41,000 --> 00:50:43,880
Speaker 9: public trust point of view, national security point of view,

1070
00:50:43,920 --> 00:50:46,440
Speaker 9: and economic resilience. So you're right that this work's going

1071
00:50:46,520 --> 00:50:49,399
Speaker 9: to go on even after the hostility cease, but it's

1072
00:50:49,480 --> 00:50:53,000
Speaker 9: up to the Finance Minister to address the physcal package.

1073
00:50:53,520 --> 00:50:55,600
Speaker 2: You couldn't resist. And I don't blame you yesterday on

1074
00:50:55,719 --> 00:51:00,160
Speaker 2: Marsden forget opening it, but the storage, I mean you

1075
00:51:00,520 --> 00:51:03,120
Speaker 2: were peer without pissing in your pocket. You appear more

1076
00:51:03,200 --> 00:51:03,879
Speaker 2: right by the day.

1077
00:51:05,760 --> 00:51:08,200
Speaker 9: Yeah, I mean all I'm doing is I am day

1078
00:51:08,239 --> 00:51:14,080
Speaker 9: by day reading the cabinet paper that that political fugitive

1079
00:51:14,120 --> 00:51:18,720
Speaker 9: from electoral Justice to Cindra Adern did to our country

1080
00:51:18,800 --> 00:51:22,000
Speaker 9: with Meghan Woods her sort of muppet like support it

1081
00:51:22,080 --> 00:51:25,279
Speaker 9: from the South Island. And mate, we do not have

1082
00:51:25,440 --> 00:51:29,239
Speaker 9: the ability to store enormous amounts of fuel for resilience

1083
00:51:29,280 --> 00:51:32,719
Speaker 9: purposes because in the closure of the refinery they degraded

1084
00:51:32,800 --> 00:51:35,920
Speaker 9: seven hundred million dollars worth of storage capacity, which is

1085
00:51:36,000 --> 00:51:38,479
Speaker 9: sitting fifty percent idolist Marston Point.

1086
00:51:39,440 --> 00:51:41,239
Speaker 2: And that's just a statement of fact. You can't argue

1087
00:51:41,280 --> 00:51:43,560
Speaker 2: with that. Listen, I appreciate it. Shane Jones, Associate Minister

1088
00:51:43,760 --> 00:51:46,160
Speaker 2: of Energy. Let me come back to this. In the

1089
00:51:46,200 --> 00:51:48,719
Speaker 2: twenty first century, New Zealand needs to rebuild thero of

1090
00:51:48,880 --> 00:51:53,319
Speaker 2: refinery at Marsden after Durn shut the only refinery New

1091
00:51:53,400 --> 00:51:55,600
Speaker 2: Zealand had as a country. We need to grow up

1092
00:51:55,680 --> 00:51:58,200
Speaker 2: and rebuild a twenty first century refiner and stop bludging

1093
00:51:58,280 --> 00:52:00,359
Speaker 2: off Australia. But more on that in the moment.

1094
00:52:00,520 --> 00:52:05,120
Speaker 1: Seventeen to two the Mike Asking Breakfast Full Show podcast

1095
00:52:05,320 --> 00:52:08,040
Speaker 1: on iHeartRadio powered by News Talks at B.

1096
00:52:09,480 --> 00:52:11,279
Speaker 2: You're going to be interested to see if Nicholas serses

1097
00:52:11,280 --> 00:52:16,400
Speaker 2: any things specific today about tonight's last night's decision, because obviously,

1098
00:52:17,560 --> 00:52:19,759
Speaker 2: I mean, what's the point of her announcing today for

1099
00:52:19,840 --> 00:52:22,160
Speaker 2: the next two weeks we're going to do something which

1100
00:52:22,280 --> 00:52:24,439
Speaker 2: essentially is it unless he's going to run it along

1101
00:52:24,520 --> 00:52:26,480
Speaker 2: the lines of despite the war coming to an end

1102
00:52:26,520 --> 00:52:29,879
Speaker 2: in a couple of weeks time, the implications are still

1103
00:52:29,920 --> 00:52:31,400
Speaker 2: going to be felt for a number of months to come,

1104
00:52:31,440 --> 00:52:33,000
Speaker 2: et cetera, et cetera. So I want to see a

1105
00:52:33,040 --> 00:52:35,640
Speaker 2: start in an indate today as well as a very

1106
00:52:35,800 --> 00:52:38,160
Speaker 2: very tight fiscal envelope in terms of it will cost

1107
00:52:38,200 --> 00:52:40,640
Speaker 2: a sex because I'm assuming they'll set aside a budget

1108
00:52:40,680 --> 00:52:42,719
Speaker 2: amount of money. In otherwise, they'll set aside three hundred

1109
00:52:42,719 --> 00:52:45,440
Speaker 2: and sixty seven million dollars and that will last for

1110
00:52:45,520 --> 00:52:47,280
Speaker 2: one month and at the end of that we'll revisit.

1111
00:52:47,360 --> 00:52:49,200
Speaker 2: So you need to know exactly where you're at as

1112
00:52:49,239 --> 00:52:51,480
Speaker 2: opposed to this random kind of make it up as

1113
00:52:51,520 --> 00:52:55,360
Speaker 2: you go along thing now Marsden just quickly. Peter's referred

1114
00:52:55,360 --> 00:52:57,600
Speaker 2: to it in a speech on Sunday. He referred to

1115
00:52:57,680 --> 00:53:00,960
Speaker 2: the specific cabinet paper that Megan Wood's the genius in

1116
00:53:01,080 --> 00:53:03,439
Speaker 2: fuel that she is. She decided the risks were next

1117
00:53:03,480 --> 00:53:05,560
Speaker 2: to zero, so she wasn't going to interfere. Of course,

1118
00:53:05,920 --> 00:53:07,839
Speaker 2: where the closure of Marsden Point. All the people who

1119
00:53:07,920 --> 00:53:09,920
Speaker 2: text me going Marsden Point was private, the government had

1120
00:53:09,960 --> 00:53:13,000
Speaker 2: nothing to do with it, are wrong. They are wrong, wrong, wrong,

1121
00:53:13,160 --> 00:53:17,120
Speaker 2: wrong and wrong. Yes, Marsden Point is a private company,

1122
00:53:17,200 --> 00:53:19,839
Speaker 2: but the government could have done something with it. They

1123
00:53:19,960 --> 00:53:24,200
Speaker 2: could have Governments can do anything. So the ideology at

1124
00:53:24,200 --> 00:53:26,759
Speaker 2: the time was wet fuel. We hate gas, we hate oil,

1125
00:53:27,120 --> 00:53:28,879
Speaker 2: so we're going to scupper the whole thing. And that's

1126
00:53:28,880 --> 00:53:31,279
Speaker 2: why to a degree we're in part in trouble now.

1127
00:53:31,440 --> 00:53:35,200
Speaker 2: But incoming to government is part of the coalition agreement.

1128
00:53:35,239 --> 00:53:36,759
Speaker 2: This is the other thing people text me about, why

1129
00:53:36,800 --> 00:53:38,440
Speaker 2: don't we just reopen And I don't know why you're

1130
00:53:38,440 --> 00:53:41,400
Speaker 2: still asking me this question. The inquiry was done, it

1131
00:53:41,520 --> 00:53:44,040
Speaker 2: was part of the coalition agreement. The inquiry was done.

1132
00:53:44,400 --> 00:53:46,960
Speaker 2: The bill to open it back up would be billions.

1133
00:53:47,120 --> 00:53:50,279
Speaker 2: We can't afford it, so forget that. But there is

1134
00:53:50,480 --> 00:53:54,280
Speaker 2: storage there for tens of millions of liters of fuel.

1135
00:53:54,960 --> 00:53:57,680
Speaker 2: If they'd only been able to sort of basically clean

1136
00:53:57,760 --> 00:53:59,799
Speaker 2: them out, tidying them up and get them back in use,

1137
00:54:00,440 --> 00:54:03,800
Speaker 2: that's still a realistic possibility. Another I think it's thirty

1138
00:54:03,920 --> 00:54:06,840
Speaker 2: million liters, and so instead of fifty days and to

1139
00:54:06,920 --> 00:54:09,160
Speaker 2: be sixty days, et cetera. The more we can store

1140
00:54:09,560 --> 00:54:13,799
Speaker 2: the better. So they were right. It is indisputable now

1141
00:54:13,920 --> 00:54:16,279
Speaker 2: to say that New Zealand first weren't correct because they

1142
00:54:16,360 --> 00:54:20,200
Speaker 2: were to Saudi Arabia. The pipeline I told you about

1143
00:54:20,239 --> 00:54:23,080
Speaker 2: last week. There are two of them, but the Saudi

1144
00:54:23,160 --> 00:54:26,040
Speaker 2: Arabian one's the big one. They built it forty five

1145
00:54:26,120 --> 00:54:28,200
Speaker 2: years ago. This is the part I didn't realize. It's

1146
00:54:28,280 --> 00:54:33,360
Speaker 2: twelve hundred k's built in the eighties and it was

1147
00:54:33,440 --> 00:54:36,680
Speaker 2: a stroke of genius. It runs the breadth of the

1148
00:54:36,760 --> 00:54:40,680
Speaker 2: Arabian Peninsula from the oil fields in the east. It's

1149
00:54:40,719 --> 00:54:43,600
Speaker 2: called the East West Pipeline. It empties out in the

1150
00:54:43,640 --> 00:54:49,000
Speaker 2: Red Sea. So and they built this for exactly this reason.

1151
00:54:49,239 --> 00:54:52,000
Speaker 2: The straits closed, what do they do? So Saudi Aramco

1152
00:54:52,960 --> 00:54:56,319
Speaker 2: are testing as we speak, how quickly and sustainably they

1153
00:54:56,360 --> 00:54:59,399
Speaker 2: can ramp up the flows. It's a five day rolling

1154
00:54:59,440 --> 00:55:01,359
Speaker 2: average at the MO to three point six six million

1155
00:55:01,440 --> 00:55:04,839
Speaker 2: barrels as of Friday and growing. Now, when I told

1156
00:55:04,880 --> 00:55:06,880
Speaker 2: you last week about the two pipelines, that they get

1157
00:55:06,960 --> 00:55:09,520
Speaker 2: both pipelines cut, is the other one Saudi Arabia's this

1158
00:55:09,600 --> 00:55:11,680
Speaker 2: one I'm telling you about. If they get both pipelines rolling,

1159
00:55:11,719 --> 00:55:15,640
Speaker 2: they're upwards ten eleven million barrels a day, which make

1160
00:55:15,880 --> 00:55:18,360
Speaker 2: which I would have thought, it's a pretty significant contribution

1161
00:55:19,000 --> 00:55:22,640
Speaker 2: to the world's problem. So the East West the quote

1162
00:55:22,680 --> 00:55:24,960
Speaker 2: of the day, the East West Pipeline is looking like

1163
00:55:25,080 --> 00:55:28,880
Speaker 2: a strategic master stroke. And that is a good example.

1164
00:55:28,920 --> 00:55:30,160
Speaker 2: If you want to know more, look it up and

1165
00:55:30,239 --> 00:55:32,359
Speaker 2: read about it, and they did yesterday. It's fascinating. It's

1166
00:55:32,400 --> 00:55:35,400
Speaker 2: a very good example of planning for the future and

1167
00:55:35,480 --> 00:55:37,560
Speaker 2: at the time. And because there are you know, there's

1168
00:55:37,560 --> 00:55:39,160
Speaker 2: no democracy in that part of the world, they could

1169
00:55:39,160 --> 00:55:40,880
Speaker 2: do whatever they want. If a government of the day

1170
00:55:40,920 --> 00:55:42,600
Speaker 2: said hey, look we're going to build a massive pipeline.

1171
00:55:42,600 --> 00:55:44,719
Speaker 2: It's going to cost several billion dollars. Everyone going what for,

1172
00:55:44,880 --> 00:55:46,400
Speaker 2: You're never going to need it? One a waste of

1173
00:55:46,480 --> 00:55:49,520
Speaker 2: time forty years later, Who looks smart?

1174
00:55:49,600 --> 00:55:49,719
Speaker 5: Now?

1175
00:55:49,920 --> 00:55:52,000
Speaker 2: Ten away from eight the make.

1176
00:55:51,880 --> 00:55:55,520
Speaker 1: Hosking Breakfast with Ranger of a sport SV News togs

1177
00:55:55,560 --> 00:55:56,080
Speaker 1: ten v's.

1178
00:55:55,960 --> 00:55:58,600
Speaker 2: Given away from a New Cricket compre not without controversy,

1179
00:55:58,680 --> 00:56:00,480
Speaker 2: of course, So we're to launch our own n Z

1180
00:56:00,640 --> 00:56:05,000
Speaker 2: twenty franchise competition could have voted of course to join

1181
00:56:05,040 --> 00:56:07,080
Speaker 2: the Big Bash in Australia. Target is the beginning of

1182
00:56:07,160 --> 00:56:09,600
Speaker 2: next year. Heath Mills is the Players Association boss and.

1183
00:56:09,760 --> 00:56:10,080
Speaker 18: Is with us.

1184
00:56:10,120 --> 00:56:13,080
Speaker 2: Good morning, Good morning Michael. Given what happened with Dion yesterday,

1185
00:56:13,160 --> 00:56:15,759
Speaker 2: how much tension has there been around this whole thing?

1186
00:56:17,040 --> 00:56:20,359
Speaker 21: I was disappointed to see that yesterday. Yes I said

1187
00:56:20,360 --> 00:56:23,600
Speaker 21: it as reflective. There has been a little bit of negativity,

1188
00:56:23,719 --> 00:56:26,080
Speaker 21: but another huge amount. To be honest with you, Mike,

1189
00:56:27,080 --> 00:56:30,880
Speaker 21: the vast majority of people we talked to throughout cricket

1190
00:56:30,880 --> 00:56:34,080
Speaker 21: and New Zealand and internationally are really supportive of NZ

1191
00:56:34,200 --> 00:56:37,400
Speaker 21: twenty and what we're trying to achieve. So whilst I

1192
00:56:37,480 --> 00:56:40,000
Speaker 21: think in life, when big decisions are made, who's going

1193
00:56:40,080 --> 00:56:43,120
Speaker 21: to get some people with different views and that's fine.

1194
00:56:43,719 --> 00:56:46,160
Speaker 21: Just delighted that New Zealand Cricketive managed to find a

1195
00:56:46,200 --> 00:56:48,759
Speaker 21: way to make a decision, so we can get on

1196
00:56:48,880 --> 00:56:50,799
Speaker 21: with it and try and help EZ twenty to stand

1197
00:56:50,880 --> 00:56:52,000
Speaker 21: up over the next six months.

1198
00:56:52,280 --> 00:56:55,880
Speaker 2: What's your sense of the theory versus reality good idea

1199
00:56:55,960 --> 00:56:57,759
Speaker 2: that might hit an economic wall or not.

1200
00:56:59,239 --> 00:57:03,360
Speaker 21: I've been real encouraged by the level of interest in

1201
00:57:04,080 --> 00:57:05,879
Speaker 21: the competition and potentially teams here.

1202
00:57:06,360 --> 00:57:06,480
Speaker 5: Now.

1203
00:57:06,719 --> 00:57:09,279
Speaker 21: I think we're institutionalized a bit to think that New

1204
00:57:09,360 --> 00:57:12,439
Speaker 21: Zealand's too small, we don't have enough people, we don't

1205
00:57:12,480 --> 00:57:16,160
Speaker 21: have enough money here. But I just point to other

1206
00:57:16,320 --> 00:57:20,240
Speaker 21: successful leagues around the world of Caribbean. It's very successful league,

1207
00:57:20,240 --> 00:57:23,800
Speaker 21: biggest cricket event in the West Indies now much more

1208
00:57:23,880 --> 00:57:27,120
Speaker 21: economy than New Zealand, most time zoned for India Indian

1209
00:57:27,240 --> 00:57:30,720
Speaker 21: terms of broadcast SA two Andy has been hugely successful.

1210
00:57:30,760 --> 00:57:33,200
Speaker 21: I just want us to be aspirational about it.

1211
00:57:33,480 --> 00:57:34,120
Speaker 5: We can do it.

1212
00:57:34,280 --> 00:57:37,120
Speaker 21: There's a significant interest in people owning cricket teams here

1213
00:57:37,160 --> 00:57:39,880
Speaker 21: in New Zealand, so let's try and stand it up.

1214
00:57:40,480 --> 00:57:41,840
Speaker 2: How many people do you know want to own a

1215
00:57:41,880 --> 00:57:42,400
Speaker 2: cricket team.

1216
00:57:43,880 --> 00:57:47,040
Speaker 21: There are about twenty five to thirty odd people who

1217
00:57:47,160 --> 00:57:52,680
Speaker 21: have expressed an interest, and that's an international investors. Obviously

1218
00:57:52,760 --> 00:57:55,800
Speaker 21: some IPLT owners. There are some of the owners out

1219
00:57:55,840 --> 00:57:57,960
Speaker 21: of the US and the new Major League Cricket comp

1220
00:57:58,000 --> 00:58:00,200
Speaker 21: there are tech guys who have expressed in US.

1221
00:58:00,760 --> 00:58:00,880
Speaker 5: Well.

1222
00:58:00,960 --> 00:58:03,880
Speaker 21: It's been what's been interesting for me personally is people

1223
00:58:03,960 --> 00:58:07,000
Speaker 21: want to invest in New Zealand because it's for other reasons. Actually,

1224
00:58:07,040 --> 00:58:09,200
Speaker 21: they want to spend time here, they want to own

1225
00:58:09,280 --> 00:58:12,520
Speaker 21: assets here. They know we have good laws, transparent laws,

1226
00:58:12,680 --> 00:58:14,960
Speaker 21: it's a safe place to invest. So there's a whole

1227
00:58:14,960 --> 00:58:17,080
Speaker 21: lot of other things going for us other than the

1228
00:58:17,200 --> 00:58:20,280
Speaker 21: cricket teams. And actually some of them want to bring

1229
00:58:20,320 --> 00:58:22,280
Speaker 21: their businesses here in New Zealand and invest in.

1230
00:58:22,320 --> 00:58:24,600
Speaker 2: Other things, other things, So it's encouraging.

1231
00:58:24,680 --> 00:58:27,160
Speaker 21: Yeah, I'm excited by it, but there's a lot. There

1232
00:58:27,240 --> 00:58:29,160
Speaker 21: is a lot of work to do and whether NZ

1233
00:58:29,320 --> 00:58:31,480
Speaker 21: twin you can get up in time for next year

1234
00:58:31,840 --> 00:58:34,840
Speaker 21: it will be will be a challenge. But if everyone

1235
00:58:34,920 --> 00:58:36,720
Speaker 21: leans and behind it now, I think they've got a

1236
00:58:36,720 --> 00:58:37,640
Speaker 21: good chance of getting there.

1237
00:58:37,880 --> 00:58:39,920
Speaker 2: Well, I've got you, why'd you quit? What's going on here?

1238
00:58:40,000 --> 00:58:40,720
Speaker 2: Where are you going?

1239
00:58:42,040 --> 00:58:45,360
Speaker 21: As much time? Mike, It's been twenty six years, so

1240
00:58:45,560 --> 00:58:47,600
Speaker 21: it's probably been boring for a year or two now,

1241
00:58:47,840 --> 00:58:50,840
Speaker 21: and I've got an opportunity to spend half my time

1242
00:58:50,920 --> 00:58:53,640
Speaker 21: in the executive chair role of the World Crickets Association

1243
00:58:53,800 --> 00:58:56,680
Speaker 21: and help push a couple of matters there and in

1244
00:58:56,760 --> 00:58:59,520
Speaker 21: front some of the issues and some of the challenges

1245
00:58:59,560 --> 00:59:03,040
Speaker 21: we have in now environment. So but yeah, it's time, Mike.

1246
00:59:03,120 --> 00:59:04,600
Speaker 21: I think we all get to the point where it's

1247
00:59:04,600 --> 00:59:06,720
Speaker 21: probably going to have someone new come in and look

1248
00:59:06,760 --> 00:59:08,520
Speaker 21: at things through with a different set of eyes. And

1249
00:59:09,160 --> 00:59:10,880
Speaker 21: you know, I'm actually looking forward to making a bit

1250
00:59:10,920 --> 00:59:12,680
Speaker 21: of a change. Just got to get through the next

1251
00:59:12,720 --> 00:59:13,160
Speaker 21: six months.

1252
00:59:13,200 --> 00:59:15,080
Speaker 2: Good on him, all right, we'll go well Keith Mills,

1253
00:59:15,120 --> 00:59:17,520
Speaker 2: the Players Association chief. He is there twenty sixty years.

1254
00:59:17,560 --> 00:59:20,080
Speaker 2: That's a good runs in it. But you know, apparently

1255
00:59:20,160 --> 00:59:25,160
Speaker 2: you know, you know er Phil Rosenthal. We had him?

1256
00:59:25,280 --> 00:59:25,840
Speaker 2: When do we have him?

1257
00:59:25,880 --> 00:59:25,920
Speaker 4: On?

1258
00:59:26,040 --> 00:59:27,640
Speaker 2: Was a year ago, two years ago, whenever it was.

1259
00:59:28,400 --> 00:59:30,760
Speaker 2: I hadn't heard of the show. But then I started

1260
00:59:30,760 --> 00:59:33,200
Speaker 2: watching the show and I thought, what a cool show.

1261
00:59:33,400 --> 00:59:36,640
Speaker 2: Somebody feed Phil. It's become a phenomenon because you think

1262
00:59:36,720 --> 00:59:39,000
Speaker 2: you invent a food program, Oh god, we got another

1263
00:59:39,040 --> 00:59:41,440
Speaker 2: food program? How many food programs that we need? Turns

1264
00:59:41,480 --> 00:59:43,760
Speaker 2: out he's made this thing his own and it's moving

1265
00:59:43,800 --> 00:59:47,280
Speaker 2: to YouTube from Netflix. He's outgrownd Netflix that says something

1266
00:59:47,320 --> 00:59:49,800
Speaker 2: about it. Success doesn't anyways. Coming back to the country, Phil,

1267
00:59:50,040 --> 00:59:52,120
Speaker 2: So he's with us correctly after the News, which is

1268
00:59:52,200 --> 00:59:53,240
Speaker 2: next at us talk.

1269
00:59:53,160 --> 01:00:02,040
Speaker 1: SEC asking the questions, others vote the mic asking breakfast

1270
01:00:02,200 --> 01:00:06,360
Speaker 1: with Vita, retirement communities, Life your Way News tog said,

1271
01:00:06,400 --> 01:00:07,720
Speaker 1: be it are seven past night.

1272
01:00:07,760 --> 01:00:09,960
Speaker 2: One of the biggest names in food heading back our way,

1273
01:00:10,040 --> 01:00:14,040
Speaker 2: Phil Rosenthal, eight seasons of Somebody Feed Phil under his belt.

1274
01:00:14,080 --> 01:00:16,240
Speaker 2: He kind of reinvented himself after a success. If you

1275
01:00:16,280 --> 01:00:19,280
Speaker 2: didn't know, he wrote everybody Loves Raymond of course. Anyway,

1276
01:00:19,320 --> 01:00:21,720
Speaker 2: Phil Rosenthal is back with us. Good morning.

1277
01:00:22,160 --> 01:00:23,040
Speaker 3: What's good about it?

1278
01:00:23,320 --> 01:00:24,440
Speaker 2: What's not good about it?

1279
01:00:24,640 --> 01:00:27,480
Speaker 17: I have your attitude to be honest. I think the

1280
01:00:27,560 --> 01:00:29,960
Speaker 17: world is mostly nice and sweet like you.

1281
01:00:30,440 --> 01:00:30,960
Speaker 5: That is true.

1282
01:00:31,000 --> 01:00:32,640
Speaker 2: It's very nice of you to say. Now, listen, if

1283
01:00:32,680 --> 01:00:35,120
Speaker 2: you read the reviews of your show, what everyone knows

1284
01:00:35,200 --> 01:00:38,200
Speaker 2: and loves is from the feedback is you love everybody,

1285
01:00:38,480 --> 01:00:41,480
Speaker 2: You love everything, and that good vibe comes out of

1286
01:00:41,520 --> 01:00:42,760
Speaker 2: the program, hence its success.

1287
01:00:43,040 --> 01:00:46,680
Speaker 17: Yeah, I mean, it's certainly a tiny bit of an exaggeration.

1288
01:00:47,320 --> 01:00:50,360
Speaker 17: You can't love everything. There's enough in the world to

1289
01:00:50,480 --> 01:00:54,600
Speaker 17: make you angry and scared and frustrated. But I'm here

1290
01:00:54,680 --> 01:00:58,520
Speaker 17: to tell everyone that most of the world is not that,

1291
01:00:59,520 --> 01:01:02,280
Speaker 17: and it's only on the news because it stands out

1292
01:01:02,440 --> 01:01:04,720
Speaker 17: from everything else post COVID.

1293
01:01:05,200 --> 01:01:08,160
Speaker 2: So eight seasons in season nine we'll talk about shortly,

1294
01:01:08,200 --> 01:01:09,760
Speaker 2: but eight seasons, and a good chunk of those are

1295
01:01:09,760 --> 01:01:12,360
Speaker 2: going to be post COVID. The world and getting around

1296
01:01:12,400 --> 01:01:15,040
Speaker 2: it and interacting with it. Has it changed dramatically?

1297
01:01:15,280 --> 01:01:18,800
Speaker 17: Well, it certainly changed during COVID, and maybe there's a

1298
01:01:18,920 --> 01:01:22,200
Speaker 17: slight I don't know. I can't even say that. I

1299
01:01:22,280 --> 01:01:25,320
Speaker 17: think there was actually a resurgence in travel after COVID.

1300
01:01:25,360 --> 01:01:28,240
Speaker 17: I think COVID made us realize how precious life is

1301
01:01:29,280 --> 01:01:31,680
Speaker 17: and the things that we took for granted. Right, they

1302
01:01:31,680 --> 01:01:35,000
Speaker 17: always say, you don't know what you've got till it's gone,

1303
01:01:35,720 --> 01:01:40,480
Speaker 17: And COVID scared us enough and made us realize, wait

1304
01:01:40,520 --> 01:01:44,240
Speaker 17: a minute. Now that we have our freedom back, meaning

1305
01:01:44,440 --> 01:01:49,280
Speaker 17: freedom to go outside and interact with human beings, let's

1306
01:01:49,680 --> 01:01:53,800
Speaker 17: do that trip we've always wanted to do. So I

1307
01:01:53,880 --> 01:01:56,240
Speaker 17: think that tourism was actually boosted by it.

1308
01:01:56,480 --> 01:01:57,720
Speaker 2: It was trying to work out, you know, you go

1309
01:01:57,840 --> 01:02:01,040
Speaker 2: back to the very start. So your post Raymond. You

1310
01:02:01,160 --> 01:02:03,920
Speaker 2: want to do something, presumably content wise, and so you

1311
01:02:04,000 --> 01:02:06,040
Speaker 2: think on a piece of paper, you go, right, food show.

1312
01:02:06,120 --> 01:02:07,800
Speaker 2: But there's a lot I mean, I'm assuming you're aware

1313
01:02:07,840 --> 01:02:10,200
Speaker 2: that there are lots of food shows out there, so

1314
01:02:10,400 --> 01:02:13,000
Speaker 2: you need one with a point of difference. How did

1315
01:02:13,040 --> 01:02:13,680
Speaker 2: all that evolve?

1316
01:02:14,880 --> 01:02:17,760
Speaker 17: I sold the show with one line. This is the line,

1317
01:02:19,280 --> 01:02:22,640
Speaker 17: I'm exactly like Anthony Bourdain if he was afraid of everything.

1318
01:02:24,920 --> 01:02:29,479
Speaker 17: And that came genuinely to me because I would watch

1319
01:02:29,520 --> 01:02:32,640
Speaker 17: Anthony Bourdain like everyone else and was a huge fan, and.

1320
01:02:32,760 --> 01:02:37,480
Speaker 3: I thought, this guy is a superhero. He's amazing. I'm

1321
01:02:37,640 --> 01:02:39,919
Speaker 3: never doing that what he's doing.

1322
01:02:40,440 --> 01:02:43,760
Speaker 17: I'm never going to go to Borneo and get drunk

1323
01:02:43,880 --> 01:02:48,200
Speaker 17: with some tribesmen and let them pound painted nails into

1324
01:02:48,280 --> 01:02:52,000
Speaker 17: my chest with hammers to make a tattoo on my chest.

1325
01:02:52,440 --> 01:02:53,040
Speaker 3: That's not me.

1326
01:02:54,400 --> 01:02:58,360
Speaker 17: But I thought, I bet it's not. Most of the

1327
01:02:58,480 --> 01:03:02,440
Speaker 17: audience watch him as I do and go, he's amazing.

1328
01:03:02,600 --> 01:03:03,480
Speaker 3: I'm never doing that.

1329
01:03:04,360 --> 01:03:08,320
Speaker 17: So maybe there's a show for people like me who

1330
01:03:08,400 --> 01:03:09,080
Speaker 17: are sitting.

1331
01:03:08,880 --> 01:03:12,920
Speaker 3: On the couch and maybe just getting off.

1332
01:03:12,840 --> 01:03:15,560
Speaker 17: That couch is taking a giant step out of their

1333
01:03:15,600 --> 01:03:21,160
Speaker 17: comfort zone. So that's I figured out a niche for myself.

1334
01:03:21,320 --> 01:03:24,400
Speaker 2: Also your family, because your wife feature is often certain

1335
01:03:24,440 --> 01:03:27,160
Speaker 2: members of your family work behind the scenes as well.

1336
01:03:27,320 --> 01:03:29,640
Speaker 2: So was the plan if I could make a television

1337
01:03:29,680 --> 01:03:32,960
Speaker 2: show and make a living and go on holiday and

1338
01:03:33,120 --> 01:03:35,000
Speaker 2: bring the family. I've like struck gold.

1339
01:03:35,680 --> 01:03:37,880
Speaker 17: So it took so long to get this thing. People

1340
01:03:37,960 --> 01:03:40,280
Speaker 17: think after everybody loves Raymond, They said, what do you

1341
01:03:40,320 --> 01:03:42,320
Speaker 17: want to do now, phill we give you anything you want. No,

1342
01:03:42,760 --> 01:03:47,680
Speaker 17: it took ten years to get this show because I

1343
01:03:47,840 --> 01:03:50,560
Speaker 17: was switching lanes. And the way it works in Hollywood.

1344
01:03:50,560 --> 01:03:53,480
Speaker 17: If not every field is we know you from this,

1345
01:03:54,280 --> 01:03:58,680
Speaker 17: why would we like you in that right? And so

1346
01:03:59,120 --> 01:04:03,480
Speaker 17: if I was going to craft this thing for myself,

1347
01:04:03,600 --> 01:04:07,880
Speaker 17: this vehicle, why not populate it with everything I love

1348
01:04:07,960 --> 01:04:11,920
Speaker 17: in life. So my family's a big part of that.

1349
01:04:12,160 --> 01:04:14,480
Speaker 2: Yeah, exactly, Now how do you go about it? So

1350
01:04:14,560 --> 01:04:16,600
Speaker 2: one of the recent episodes Sydney End Australia, So you

1351
01:04:16,640 --> 01:04:19,760
Speaker 2: got to Australia, Sydney and Adelaide, and you must get

1352
01:04:19,800 --> 01:04:22,600
Speaker 2: this all the time, because presumably when they see Sydney Edelaide,

1353
01:04:22,600 --> 01:04:24,640
Speaker 2: the people in Melbourne go, well, hold on, you know

1354
01:04:25,240 --> 01:04:27,400
Speaker 2: what about Melbourne? So you must get that A.

1355
01:04:27,400 --> 01:04:29,840
Speaker 17: Lot I get that a little and I only get

1356
01:04:29,920 --> 01:04:35,640
Speaker 17: it from Australians. But I was working with the Tourism

1357
01:04:35,680 --> 01:04:38,640
Speaker 17: Board and I hope to work with them again and

1358
01:04:38,840 --> 01:04:43,480
Speaker 17: do Melbourne. But because they were helping us, I felt

1359
01:04:43,840 --> 01:04:46,560
Speaker 17: like I'm gonna do what they would like me to do.

1360
01:04:47,600 --> 01:04:52,080
Speaker 17: Melbourne maybe didn't need the tourism bump that the other

1361
01:04:52,200 --> 01:04:57,520
Speaker 17: two places might need a little more. But as we know,

1362
01:04:57,640 --> 01:05:01,520
Speaker 17: Australia is a big place with many great cities and

1363
01:05:01,640 --> 01:05:05,040
Speaker 17: places to eat, and so I can't wait to do Melbourne.

1364
01:05:06,040 --> 01:05:08,520
Speaker 3: It is coming. I am going to do it good.

1365
01:05:08,560 --> 01:05:11,320
Speaker 2: Well, we're in New Zealand obviously, so I know obviously

1366
01:05:11,360 --> 01:05:13,880
Speaker 2: it's selfish, but why haven't you done New Zealand. I mean,

1367
01:05:13,920 --> 01:05:15,560
Speaker 2: you're coming here for a show. Why wouldn't you do

1368
01:05:15,960 --> 01:05:16,600
Speaker 2: your food show?

1369
01:05:16,840 --> 01:05:18,240
Speaker 3: Of course I want to do a show there.

1370
01:05:18,800 --> 01:05:22,720
Speaker 17: Again, we depend on the tourism boards for help, so

1371
01:05:23,120 --> 01:05:26,200
Speaker 17: at the moment they're ready, I'm ready. Because I've only

1372
01:05:26,280 --> 01:05:30,120
Speaker 17: been to Auckland. I think it's great, but I know

1373
01:05:30,280 --> 01:05:33,920
Speaker 17: that the gorgeous parts of New Zealand are in the

1374
01:05:34,000 --> 01:05:36,480
Speaker 17: countryside and what I've seen in movies. Of course, like

1375
01:05:36,520 --> 01:05:39,680
Speaker 17: everybody else, I can't wait to do it. Listen, there's

1376
01:05:39,720 --> 01:05:42,360
Speaker 17: no prejudice in my heart for any of these places.

1377
01:05:42,480 --> 01:05:45,000
Speaker 17: I want to see the world and see.

1378
01:05:45,040 --> 01:05:47,440
Speaker 3: All of it. We have a limited amount of time

1379
01:05:47,520 --> 01:05:49,360
Speaker 3: on the planet. I want to see the planet.

1380
01:05:49,520 --> 01:05:51,959
Speaker 2: Okay, listen, hold on, We'll come back and talk about

1381
01:05:52,520 --> 01:05:55,760
Speaker 2: Netflix YouTube in just a couple of moments. Somebody feed

1382
01:05:55,800 --> 01:05:58,560
Speaker 2: Phil Phil Rosenthal thirteen Past Night.

1383
01:05:59,120 --> 01:06:03,120
Speaker 1: The Mic Hoski Breakfast Full Show podcast on iHeart Radio

1384
01:06:03,400 --> 01:06:04,800
Speaker 1: powered by News Talks.

1385
01:06:04,520 --> 01:06:04,800
Speaker 10: It Be.

1386
01:06:06,440 --> 01:06:08,760
Speaker 2: Talks, It Be Phil Rosenthal's with his creator and producer,

1387
01:06:08,760 --> 01:06:11,320
Speaker 2: of course, was Somebody for Phil East Coming to the

1388
01:06:11,360 --> 01:06:14,600
Speaker 2: Country Now season eight, which I mentioned before before you

1389
01:06:14,680 --> 01:06:16,520
Speaker 2: go to YouTube. So season eight, the scene I think

1390
01:06:16,680 --> 01:06:19,360
Speaker 2: was to Bleasey, Georgia. You're in that bathhouse, right, so

1391
01:06:19,440 --> 01:06:21,720
Speaker 2: you get water thrown all over you. My brother loved

1392
01:06:21,760 --> 01:06:24,160
Speaker 2: that scene, so funny, funny scene. So you're walking out

1393
01:06:24,240 --> 01:06:27,280
Speaker 2: and then behind you as the crew, they're just all

1394
01:06:27,360 --> 01:06:29,800
Speaker 2: wearing towels as well. So my point being, there's a

1395
01:06:29,840 --> 01:06:33,120
Speaker 2: lot of you did Netflix and does the Netflix type

1396
01:06:33,200 --> 01:06:36,400
Speaker 2: deal the streaming world deal these days in a world

1397
01:06:36,440 --> 01:06:38,360
Speaker 2: with no real money for television, do it does a

1398
01:06:38,440 --> 01:06:40,680
Speaker 2: deal like that give you, you know, the staff, the crew,

1399
01:06:40,760 --> 01:06:43,439
Speaker 2: the cameras, the facilities that make it look so good.

1400
01:06:44,040 --> 01:06:46,680
Speaker 17: Part of it is Netflix, obviously, and part of it

1401
01:06:46,920 --> 01:06:50,360
Speaker 17: was tourism boards. Yeah, that's where the budget comes from.

1402
01:06:50,760 --> 01:06:51,920
Speaker 2: Seems like a good budget.

1403
01:06:52,040 --> 01:06:55,080
Speaker 3: It's it's it's enough for us to make it.

1404
01:06:56,040 --> 01:06:58,920
Speaker 17: No one's getting rich on the show at CRuMs and

1405
01:06:59,480 --> 01:07:03,720
Speaker 17: I practically do it for free, and I don't mind.

1406
01:07:03,840 --> 01:07:07,080
Speaker 17: I'm not complaining because my payment is that I get

1407
01:07:07,160 --> 01:07:08,200
Speaker 17: to do it at all.

1408
01:07:09,040 --> 01:07:09,640
Speaker 2: Fantastic.

1409
01:07:10,360 --> 01:07:12,800
Speaker 3: I love doing it. And next year I'm moving to YouTube.

1410
01:07:12,920 --> 01:07:14,240
Speaker 3: The show is moving to YouTube.

1411
01:07:14,440 --> 01:07:16,920
Speaker 2: So I was referencing season nine. Season nine is going

1412
01:07:17,000 --> 01:07:20,600
Speaker 2: to go to YouTube. Is this a piece of strategic

1413
01:07:20,760 --> 01:07:21,640
Speaker 2: genius on your.

1414
01:07:21,640 --> 01:07:23,680
Speaker 3: Pa, Yes, I'm a genius.

1415
01:07:27,960 --> 01:07:31,960
Speaker 17: I listen, A big company came to me and was

1416
01:07:32,040 --> 01:07:34,760
Speaker 17: interested in doing work with me, and they said, would

1417
01:07:34,760 --> 01:07:36,400
Speaker 17: you ever want to do stuff on YouTube? And they

1418
01:07:36,480 --> 01:07:40,640
Speaker 17: started to explain to this old guy that YouTube is

1419
01:07:40,720 --> 01:07:44,080
Speaker 17: not only the present, it's the future. A lot of

1420
01:07:44,160 --> 01:07:48,280
Speaker 17: shows are going to be premiering on YouTube. I think

1421
01:07:48,360 --> 01:07:51,960
Speaker 17: we're the first show to go from Netflix to YouTube,

1422
01:07:53,440 --> 01:07:57,600
Speaker 17: and it seems to be a nice move because the

1423
01:07:57,640 --> 01:08:02,040
Speaker 17: biggest audience in the world is on YouTube. And I've

1424
01:08:02,160 --> 01:08:04,200
Speaker 17: loved being on Netflix, they made me who I am.

1425
01:08:05,840 --> 01:08:09,280
Speaker 17: But this is the It's been eight seasons and this

1426
01:08:09,400 --> 01:08:13,600
Speaker 17: seems to be an evolutionary step. What I like about

1427
01:08:13,640 --> 01:08:15,640
Speaker 17: it most of all is that it'll be free to

1428
01:08:15,800 --> 01:08:16,240
Speaker 17: the world.

1429
01:08:16,640 --> 01:08:20,040
Speaker 2: Interesting thing about that is, presumably on YouTube you get

1430
01:08:20,080 --> 01:08:22,800
Speaker 2: complete creative control. But did you have complete creative control

1431
01:08:22,840 --> 01:08:23,639
Speaker 2: on Netflix as well?

1432
01:08:23,840 --> 01:08:28,800
Speaker 17: Pretty much they would give notes, but they were helpful suggestions.

1433
01:08:28,880 --> 01:08:32,080
Speaker 3: Really the I'd have to I have to say that creatively,

1434
01:08:32,640 --> 01:08:33,360
Speaker 3: they were terrific.

1435
01:08:33,760 --> 01:08:35,960
Speaker 2: So isn't isn't Isn't that a full circle moment? So

1436
01:08:36,160 --> 01:08:38,320
Speaker 2: you like go back to the beginning of raiment right

1437
01:08:38,400 --> 01:08:41,960
Speaker 2: and the networks and networks, you know, network executives and

1438
01:08:42,080 --> 01:08:44,800
Speaker 2: how they envisiage whatever it is you're doing fast forward

1439
01:08:44,880 --> 01:08:47,599
Speaker 2: YouTube and you can do whatever you like. I mean,

1440
01:08:47,680 --> 01:08:49,240
Speaker 2: what a transformation in TV.

1441
01:08:49,680 --> 01:08:51,040
Speaker 3: It's a wonderful feeling.

1442
01:08:52,240 --> 01:08:52,360
Speaker 16: Uh.

1443
01:08:53,200 --> 01:08:55,760
Speaker 17: You know, after eight seasons of anything, you should know

1444
01:08:55,880 --> 01:08:59,240
Speaker 17: what the show is. So we're not worried about you know,

1445
01:08:59,520 --> 01:09:03,479
Speaker 17: we don't really need creative notes. You either like the

1446
01:09:03,520 --> 01:09:05,200
Speaker 17: show or you don't. You either picking it up or

1447
01:09:05,240 --> 01:09:09,120
Speaker 17: you're not right, And so they leave us alone because

1448
01:09:09,640 --> 01:09:10,840
Speaker 17: it seems to be working.

1449
01:09:11,080 --> 01:09:13,360
Speaker 2: I know your company by the way, is called lucky bastards?

1450
01:09:13,439 --> 01:09:13,640
Speaker 17: Is that.

1451
01:09:15,439 --> 01:09:17,880
Speaker 2: Simply because they say, Phil, what are you? Oh, I'm

1452
01:09:17,920 --> 01:09:18,679
Speaker 2: a lucky bastard.

1453
01:09:19,080 --> 01:09:22,240
Speaker 17: That's almost exactly what happened. When I called my brother

1454
01:09:22,439 --> 01:09:24,600
Speaker 17: to tell him I got the job. First on the

1455
01:09:24,720 --> 01:09:28,120
Speaker 17: American public broadcasting system, it was called I'll have what

1456
01:09:28,240 --> 01:09:31,280
Speaker 17: Phil's having? And I told him that I got this gig.

1457
01:09:31,920 --> 01:09:33,920
Speaker 17: He said, really, they're going to let you travel around

1458
01:09:33,960 --> 01:09:36,600
Speaker 17: the world and eat. I said, yeah, He goes, what

1459
01:09:36,680 --> 01:09:38,679
Speaker 17: are they going to call the show the lucky Bastard?

1460
01:09:39,400 --> 01:09:42,439
Speaker 17: And I said, quit your job and come produce the

1461
01:09:42,520 --> 01:09:46,920
Speaker 17: show with me, and we'll call our production company lucky Bastards.

1462
01:09:47,200 --> 01:09:49,479
Speaker 2: And the risk, as they say, is history.

1463
01:09:49,600 --> 01:09:49,880
Speaker 3: That's it.

1464
01:09:50,439 --> 01:09:50,519
Speaker 9: Now.

1465
01:09:50,600 --> 01:09:52,400
Speaker 2: Look, I am slightly going to say this, Phil, I'm

1466
01:09:52,439 --> 01:09:55,479
Speaker 2: slightly disappointed for people watching this as opposed to just

1467
01:09:55,600 --> 01:09:58,040
Speaker 2: listening to this. You're on a running machine on this

1468
01:09:58,200 --> 01:10:00,400
Speaker 2: thing right here at this And so what was fttic

1469
01:10:00,520 --> 01:10:02,880
Speaker 2: was I was desperate to continue this interview to the

1470
01:10:03,000 --> 01:10:06,200
Speaker 2: point that you started losing breath and possibly even consciousness.

1471
01:10:06,479 --> 01:10:08,920
Speaker 3: That makes good TV. You know what makes good television?

1472
01:10:09,400 --> 01:10:11,840
Speaker 17: My brother can't wait for me to choke to death

1473
01:10:11,960 --> 01:10:12,639
Speaker 17: on TV.

1474
01:10:14,080 --> 01:10:17,519
Speaker 2: But you leapt off, which does answer the question concerns

1475
01:10:17,560 --> 01:10:19,960
Speaker 2: everybody who hosts a food show. I'm assuming how do

1476
01:10:20,040 --> 01:10:21,360
Speaker 2: you balance health and consumption?

1477
01:10:21,720 --> 01:10:24,640
Speaker 17: Right, So I don't finish anything, I share everything, and

1478
01:10:24,760 --> 01:10:27,439
Speaker 17: I don't eat until we do that scene that it's

1479
01:10:27,520 --> 01:10:30,360
Speaker 17: really that simple, And I work out every single day.

1480
01:10:30,600 --> 01:10:32,840
Speaker 3: I walk as much as I possibly can.

1481
01:10:33,800 --> 01:10:36,840
Speaker 2: And you know we have to right. Well, we'll looking

1482
01:10:36,840 --> 01:10:38,600
Speaker 2: forward to seeing you and the country looking forward to

1483
01:10:38,880 --> 01:10:41,000
Speaker 2: seeing the show at season nine and enjoying that. But

1484
01:10:41,200 --> 01:10:45,599
Speaker 2: by the way, that debut on YouTube wins it out.

1485
01:10:46,640 --> 01:10:50,160
Speaker 17: Season nine we think will be in the early part

1486
01:10:50,200 --> 01:10:52,639
Speaker 17: of twenty twenty seven because we have to film.

1487
01:10:52,439 --> 01:10:54,320
Speaker 2: It and where are you going and do you have

1488
01:10:54,400 --> 01:10:54,960
Speaker 2: a plane yet?

1489
01:10:55,080 --> 01:10:59,840
Speaker 17: No, it will depend on tourism boards and sponsors and

1490
01:11:00,160 --> 01:11:04,120
Speaker 17: all of this because on YouTube you self financed, but

1491
01:11:04,280 --> 01:11:07,559
Speaker 17: the company that I'm with has sponsorship deals and all

1492
01:11:07,680 --> 01:11:11,200
Speaker 17: kinds of things, so it's just a different model, but

1493
01:11:11,360 --> 01:11:12,920
Speaker 17: it will be the same exact Shra.

1494
01:11:13,080 --> 01:11:15,880
Speaker 2: Well, this is the biggest radio program in the country.

1495
01:11:16,040 --> 01:11:18,519
Speaker 2: So if the tourism board hasn't heard this and they

1496
01:11:18,560 --> 01:11:20,880
Speaker 2: don't see any sort of leverage and opportunity in this

1497
01:11:21,320 --> 01:11:23,920
Speaker 2: and getting YouTube, New Zealand to film the show. I

1498
01:11:23,960 --> 01:11:25,920
Speaker 2: don't know what to do, but anyway, meantime, thrilled to

1499
01:11:25,920 --> 01:11:27,479
Speaker 2: see you again, good chat and go well.

1500
01:11:27,640 --> 01:11:29,519
Speaker 3: I can't wait to come back to New Zealand. I

1501
01:11:29,600 --> 01:11:29,840
Speaker 3: love it.

1502
01:11:30,000 --> 01:11:33,120
Speaker 2: Yes, indeed, all right, So Phil Rosenthal is with us

1503
01:11:33,160 --> 01:11:35,320
Speaker 2: on the seventeenth of May, which is the Sunday. Tickets

1504
01:11:35,360 --> 01:11:39,280
Speaker 2: for the show a ticket master and presumably hopefully fingers

1505
01:11:39,320 --> 01:11:42,240
Speaker 2: cross something comes out of that from the tourism people.

1506
01:11:42,360 --> 01:11:44,040
Speaker 2: Eight twenty one on.

1507
01:11:44,160 --> 01:11:47,680
Speaker 1: My costume Breakfast with Bailey's Real Estate News Talks V.

1508
01:11:48,040 --> 01:11:51,719
Speaker 2: Now there's performance, then there's a per performance done properly.

1509
01:11:51,760 --> 01:11:53,599
Speaker 2: This is the rain Droversport SV. So you got six

1510
01:11:53,720 --> 01:11:55,720
Speaker 2: hundred and thirty five horses, eight hundred and to met

1511
01:11:55,920 --> 01:11:59,080
Speaker 2: twin Turbov eight. It's an incredible engine, most powerful rain

1512
01:11:59,160 --> 01:12:01,599
Speaker 2: drover sport ever created. And you mix that with something

1513
01:12:01,720 --> 01:12:05,479
Speaker 2: uniquely rain drover, which is of course refinement. So yes,

1514
01:12:05,560 --> 01:12:07,360
Speaker 2: you'll do one hundred and three point eight. Yes, you

1515
01:12:07,439 --> 01:12:10,320
Speaker 2: got your carbon ceramics developed with Brembo. You've got your

1516
01:12:10,360 --> 01:12:15,040
Speaker 2: Welfare sixty dynamic suspension system that's actually genius, so that

1517
01:12:15,400 --> 01:12:17,800
Speaker 2: gives your real stability through the corners. First came out

1518
01:12:17,840 --> 01:12:20,719
Speaker 2: and the Defender Opera. It's amazing anyway. Inside it's a sanctuary,

1519
01:12:21,360 --> 01:12:23,240
Speaker 2: something called the body in soul seat. You've got to

1520
01:12:23,280 --> 01:12:25,120
Speaker 2: experience to believe. So it doesn't just play you. The

1521
01:12:25,200 --> 01:12:28,000
Speaker 2: music will lets you feel it. It's got wellness programs

1522
01:12:28,040 --> 01:12:30,719
Speaker 2: designed to reduce stress, improve the awareness. It's got Meridian

1523
01:12:30,760 --> 01:12:33,800
Speaker 2: signature sound, which is the best there is. Intelligent air purification,

1524
01:12:34,280 --> 01:12:36,719
Speaker 2: got the full zone climate control, so whether you're heading

1525
01:12:37,200 --> 01:12:40,439
Speaker 2: into town or just escaping to the weekend, it adapts instantly.

1526
01:12:40,520 --> 01:12:44,439
Speaker 2: So press that SV mode lowers itself, throttle quickens, exhaust deepens,

1527
01:12:44,680 --> 01:12:47,960
Speaker 2: switch it off. It's refined, composed and supremely comfortable, which

1528
01:12:48,040 --> 01:12:50,799
Speaker 2: is the brilliance of the rain Drover Sport SV sporting

1529
01:12:50,960 --> 01:12:55,880
Speaker 2: luxury without compromise. Visit your local Range Rover dealer today.

1530
01:12:56,280 --> 01:12:56,719
Speaker 5: Tasking.

1531
01:12:56,960 --> 01:12:59,519
Speaker 2: Now, speaking of cooking shows Netflix, I'm ready. I haven't

1532
01:12:59,520 --> 01:13:05,080
Speaker 2: seen the show Culinary Class Wars, so reservation and waiting

1533
01:13:05,200 --> 01:13:08,960
Speaker 2: lists have increased by an average of three hundred and

1534
01:13:09,200 --> 01:13:13,120
Speaker 2: three percent. This is in Singapore and Japan since the

1535
01:13:13,240 --> 01:13:16,640
Speaker 2: second season the program premiered on Netflix three hundred and

1536
01:13:16,880 --> 01:13:20,559
Speaker 2: three percent. So the chefs are either black spoons who

1537
01:13:20,560 --> 01:13:23,000
Speaker 2: are hidden masters, or White Spoons who are elite chefs.

1538
01:13:24,000 --> 01:13:28,639
Speaker 2: It's the dichotomy between street food and Michelin starred experiences. Anyway,

1539
01:13:28,680 --> 01:13:31,880
Speaker 2: it's going off and everyone wants to eat food and

1540
01:13:31,960 --> 01:13:34,000
Speaker 2: experience food and go to restaurants and things like that.

1541
01:13:34,320 --> 01:13:37,000
Speaker 2: We have almost wrapped Ramsey by the way, which is

1542
01:13:37,040 --> 01:13:40,000
Speaker 2: on Netflix, speaking of which, and I just can't help them.

1543
01:13:40,000 --> 01:13:41,720
Speaker 2: I'm a no one's a bigger fan of Ramsey than

1544
01:13:41,760 --> 01:13:45,440
Speaker 2: I am. But he's got the whole programs about Bishopsgate,

1545
01:13:45,760 --> 01:13:48,120
Speaker 2: which is a building. It's famous building in London. It's

1546
01:13:48,160 --> 01:13:50,040
Speaker 2: one of the tallest buildings in London. He's putting in

1547
01:13:50,080 --> 01:13:51,840
Speaker 2: three or four restaurants up at the top of the building.

1548
01:13:52,040 --> 01:13:54,720
Speaker 2: And I can't help but think they got mesmerized by

1549
01:13:54,760 --> 01:13:57,040
Speaker 2: the view. And the thing about London is there are

1550
01:13:57,120 --> 01:13:59,360
Speaker 2: no real views outside of the Shad and there's the

1551
01:13:59,400 --> 01:14:02,080
Speaker 2: shrank Shehen Hotel in there. Outside of the Sharp there's

1552
01:14:02,120 --> 01:14:04,160
Speaker 2: really nowhere to look at big views. So I think

1553
01:14:04,200 --> 01:14:05,960
Speaker 2: they got excited about the views. But most of us

1554
01:14:06,000 --> 01:14:08,360
Speaker 2: who have been around a bit, you know, having a

1555
01:14:08,439 --> 01:14:10,280
Speaker 2: view is not the beginning of the middle. In the end,

1556
01:14:10,439 --> 01:14:14,000
Speaker 2: just London's a low rise city and if you come

1557
01:14:14,040 --> 01:14:16,080
Speaker 2: from a high ish rise city, which is most of

1558
01:14:16,360 --> 01:14:19,000
Speaker 2: the Western world. Having a view doesn't seem to be

1559
01:14:19,120 --> 01:14:21,479
Speaker 2: a thing. So having a view like the skytower in Auckland,

1560
01:14:21,520 --> 01:14:24,760
Speaker 2: for example, like you go to dinner and you get

1561
01:14:24,800 --> 01:14:27,360
Speaker 2: a view, It's like, okay, cool. His view is not

1562
01:14:27,400 --> 01:14:30,400
Speaker 2: as good as the skytower's view, or the skytower in Sydney,

1563
01:14:31,080 --> 01:14:33,519
Speaker 2: or the Needle in Seattle, or any other tall building

1564
01:14:33,560 --> 01:14:34,960
Speaker 2: in New York go one to name. But he seems

1565
01:14:35,000 --> 01:14:36,560
Speaker 2: to have been fascinated by the fact that they're in

1566
01:14:36,600 --> 01:14:39,200
Speaker 2: a tall building in London. So and I think I

1567
01:14:39,280 --> 01:14:40,600
Speaker 2: can't help but think he's become a sort of a

1568
01:14:40,640 --> 01:14:43,080
Speaker 2: business person. There's nothing wrong with that. But he doesn't

1569
01:14:43,080 --> 01:14:44,720
Speaker 2: spend a lot of time on the pans anymore. He's

1570
01:14:44,760 --> 01:14:48,799
Speaker 2: more interested in sort of just spreading himself thinner and thin. Anyway.

1571
01:14:48,840 --> 01:14:52,200
Speaker 2: Speaking of Britain, Rod Little's will us in a couple

1572
01:14:52,200 --> 01:14:54,479
Speaker 2: of moments, how they handling the news from overnight. We'll

1573
01:14:54,479 --> 01:14:56,519
Speaker 2: get you there right after the news, which is next

1574
01:14:56,880 --> 01:14:58,120
Speaker 2: here at News Talk, Zed.

1575
01:14:57,960 --> 01:15:04,760
Speaker 1: Books, Opinion, Edit, Informed, Unapologetic, The Mic Hosking Breakfast with

1576
01:15:05,040 --> 01:15:09,759
Speaker 1: Range Over Sport sv The Ultimate Performance SUV, News, Togs, Dead.

1577
01:15:09,600 --> 01:15:12,040
Speaker 2: V, Mike my view, is no direct call between Trump

1578
01:15:12,040 --> 01:15:14,240
Speaker 2: and Iran actually took place. It's more likely the key

1579
01:15:14,280 --> 01:15:17,200
Speaker 2: Middle Eastern allies applied significant pressure to avoid strikes on

1580
01:15:17,240 --> 01:15:21,000
Speaker 2: critical Iranian infrastructure given the risk that Iran could retaliate

1581
01:15:21,040 --> 01:15:23,920
Speaker 2: by targeting desalination facilities. I think, Josh, you're probably go

1582
01:15:23,960 --> 01:15:26,080
Speaker 2: onto it. And at the end of the day, what's

1583
01:15:26,120 --> 01:15:30,160
Speaker 2: important is it's over sooner rather than later, or it

1584
01:15:30,200 --> 01:15:32,760
Speaker 2: would appear it is twenty three minutes away from.

1585
01:15:32,720 --> 01:15:36,800
Speaker 16: Non international correspondence with ends and eye insurance, peace of

1586
01:15:36,880 --> 01:15:39,200
Speaker 16: mind for New Zealand business at.

1587
01:15:39,120 --> 01:15:40,040
Speaker 2: The moment, but other matters.

1588
01:15:40,080 --> 01:15:43,200
Speaker 13: First, was Rod Rod morning to you, good morning.

1589
01:15:43,280 --> 01:15:46,439
Speaker 2: Maybe these these ambulances, this attack in London, I mean,

1590
01:15:46,760 --> 01:15:48,960
Speaker 2: I mean sure of everyone saying what they've said, which

1591
01:15:49,040 --> 01:15:51,000
Speaker 2: is it's shocking, it's appalled. I mean, where does it go?

1592
01:15:51,120 --> 01:15:51,519
Speaker 5: What do you do?

1593
01:15:51,680 --> 01:15:54,000
Speaker 2: I mean anti Semitism's anti Semitism isn't well.

1594
01:15:55,200 --> 01:15:57,960
Speaker 13: It's almost a perfect example of where we are now.

1595
01:15:59,160 --> 01:16:04,000
Speaker 13: There is a growing and very cheaperous and vicious and

1596
01:16:04,439 --> 01:16:10,320
Speaker 13: illegal loathing of Jewish people. I don't blame some Jewish

1597
01:16:10,360 --> 01:16:15,479
Speaker 13: commentators because some have already said for saying that Britain

1598
01:16:15,600 --> 01:16:19,560
Speaker 13: now looks like Germany in nineteen thirty four. It is

1599
01:16:19,720 --> 01:16:22,920
Speaker 13: very difficult to argue against that these are people who

1600
01:16:23,840 --> 01:16:27,680
Speaker 13: we don't know who has taught these three ambulances in

1601
01:16:27,880 --> 01:16:32,760
Speaker 13: Golders Green, which is the most Jewish square couple of

1602
01:16:32,880 --> 01:16:39,880
Speaker 13: miles of Britain that there is, and they were ambulances

1603
01:16:39,920 --> 01:16:42,559
Speaker 13: paid for by the Jewish community to look after their

1604
01:16:42,640 --> 01:16:51,840
Speaker 13: own people. It is becoming truly frightening that you know

1605
01:16:52,120 --> 01:16:55,920
Speaker 13: that the Jewish people are now under attack from every

1606
01:16:56,120 --> 01:17:00,840
Speaker 13: possible angle. And of course there are a number of

1607
01:17:01,000 --> 01:17:05,120
Speaker 13: Muslim people. Muslim population has grown exponentially over the last

1608
01:17:05,240 --> 01:17:11,240
Speaker 13: fifteen years, and I mean exponentially, but by the same token,

1609
01:17:11,600 --> 01:17:16,000
Speaker 13: there are so many white liberals who have been drawn

1610
01:17:16,080 --> 01:17:22,840
Speaker 13: into this morass of anti Semitic hatred that you know,

1611
01:17:23,120 --> 01:17:25,320
Speaker 13: it's no longer so simple as to say where the

1612
01:17:25,400 --> 01:17:28,960
Speaker 13: blame lies. No exactly, but there has no doubt, you know,

1613
01:17:29,320 --> 01:17:34,839
Speaker 13: on the BBC, on the mainstream media been a fairly

1614
01:17:35,479 --> 01:17:41,960
Speaker 13: comprehensive loathing of Israel, which translates or percolates down to

1615
01:17:42,080 --> 01:17:44,439
Speaker 13: a loathing of Jews. And that's where we are in

1616
01:17:44,520 --> 01:17:45,320
Speaker 13: Britain at the moment.

1617
01:17:45,520 --> 01:17:48,840
Speaker 2: Yeah, I think you're right. The phone call yesterday was

1618
01:17:49,040 --> 01:17:50,719
Speaker 2: sick in phone call as far as a nice starm

1619
01:17:50,760 --> 01:17:54,479
Speaker 2: at Trump, what I mean, it seems to now be

1620
01:17:54,560 --> 01:17:56,320
Speaker 2: coming to an end and they'll sort some sort of

1621
01:17:56,400 --> 01:17:59,000
Speaker 2: deal out. I mean where starmaret And is he sort

1622
01:17:59,040 --> 01:18:01,599
Speaker 2: of salvaged as reputation to any degree?

1623
01:18:03,320 --> 01:18:04,519
Speaker 16: Well, do you know?

1624
01:18:04,760 --> 01:18:07,040
Speaker 13: I mean most people don't think this. I think he

1625
01:18:07,200 --> 01:18:14,240
Speaker 13: probably has. I think it was probably right not to

1626
01:18:14,360 --> 01:18:19,200
Speaker 13: go along with this attack on Iran, given that we

1627
01:18:19,320 --> 01:18:22,519
Speaker 13: didn't know what the endpoint was meant to be, what

1628
01:18:22,680 --> 01:18:26,680
Speaker 13: the games were meant to be, and so on. What

1629
01:18:26,920 --> 01:18:29,680
Speaker 13: Starma has to do is to try to separate out

1630
01:18:30,920 --> 01:18:34,000
Speaker 13: the attack on Iran and the effect that that has

1631
01:18:34,040 --> 01:18:36,719
Speaker 13: set out upon the British people, which is a higher

1632
01:18:37,720 --> 01:18:41,960
Speaker 13: energy prices obviously, and say I was never a part

1633
01:18:42,000 --> 01:18:43,840
Speaker 13: of this, and I think he has done that with

1634
01:18:44,040 --> 01:18:49,200
Speaker 13: some dexterity. It is again an example of Starma being

1635
01:18:49,439 --> 01:18:52,639
Speaker 13: far far better at dealing with foreign affairs and he's

1636
01:18:52,840 --> 01:18:54,320
Speaker 13: dealing with domestic affairs.

1637
01:18:55,640 --> 01:18:58,160
Speaker 2: Given your North, roughly, when you look at it on

1638
01:18:58,280 --> 01:19:00,240
Speaker 2: a map of the straight up, a moves and not

1639
01:19:00,840 --> 01:19:03,280
Speaker 2: and so a lot of stuff comes down our way

1640
01:19:03,960 --> 01:19:07,160
Speaker 2: to what economic effect is this currently affecting you at

1641
01:19:07,200 --> 01:19:08,840
Speaker 2: the pump and the power prison and all that stuff.

1642
01:19:10,360 --> 01:19:13,800
Speaker 13: Well, look, I filled up my car yesterday and the

1643
01:19:13,920 --> 01:19:18,120
Speaker 13: price hadn't changed. It was you know, I forget what

1644
01:19:18,200 --> 01:19:21,280
Speaker 13: it was. It was about one three five per liter.

1645
01:19:23,720 --> 01:19:27,960
Speaker 13: So not yet, but it will. There seems to be

1646
01:19:28,080 --> 01:19:30,439
Speaker 13: no question that it will at some point in time.

1647
01:19:31,920 --> 01:19:36,800
Speaker 13: The question is, therefore, how does Starmus deflect that from

1648
01:19:37,040 --> 01:19:40,400
Speaker 13: his own policies. And he's able to do that quite

1649
01:19:40,479 --> 01:19:43,639
Speaker 13: well by you know, perhaps supporting some of those people

1650
01:19:44,080 --> 01:19:47,679
Speaker 13: in the country who can't afford those sorts of changes

1651
01:19:47,760 --> 01:19:53,560
Speaker 13: in oil prices. What he can't do is dodge the

1652
01:19:53,680 --> 01:19:59,000
Speaker 13: fact that his party supports an energy policy which makes

1653
01:19:59,080 --> 01:20:02,240
Speaker 13: us more more vulnerable to this sort of attack. You know,

1654
01:20:02,400 --> 01:20:03,800
Speaker 13: you just cannot dodge that.

1655
01:20:04,120 --> 01:20:07,000
Speaker 2: Yeah, So I'm reading three hundred and thirty two pounds

1656
01:20:07,040 --> 01:20:09,920
Speaker 2: and typical energy bill forecasterized by three hundred and thirty

1657
01:20:09,960 --> 01:20:13,720
Speaker 2: two pounds a year. We in New Zealand today are

1658
01:20:13,760 --> 01:20:15,880
Speaker 2: going to get some sort of fiscal or some people

1659
01:20:15,960 --> 01:20:19,360
Speaker 2: are fiscal relief at the pump because our price fuels

1660
01:20:19,400 --> 01:20:22,040
Speaker 2: gone through the roof. At three hundred and thirty two

1661
01:20:22,160 --> 01:20:25,120
Speaker 2: pounds a year for your power bill, is that enough

1662
01:20:25,240 --> 01:20:28,000
Speaker 2: for enough people to go Keia help me out and

1663
01:20:28,040 --> 01:20:28,960
Speaker 2: pay some bills for me.

1664
01:20:30,400 --> 01:20:34,599
Speaker 13: Well, probably not, but there is no question that he will.

1665
01:20:35,840 --> 01:20:39,720
Speaker 13: That there will be some targeted and I think that's important,

1666
01:20:39,960 --> 01:20:43,439
Speaker 13: targeted relief for people at the very very lowest level.

1667
01:20:44,920 --> 01:20:50,679
Speaker 13: Probably not me, Mike, which is annoying. Mind about six

1668
01:20:50,800 --> 01:20:54,240
Speaker 13: thousand pounds a year, you know, but there we are.

1669
01:20:55,120 --> 01:20:59,280
Speaker 13: That's oil. So I think there will be targeted relief.

1670
01:20:59,320 --> 01:21:01,720
Speaker 13: And I think by and large has got away with it,

1671
01:21:01,840 --> 01:21:04,880
Speaker 13: you know, And it's kind away with it for partly

1672
01:21:04,960 --> 01:21:07,760
Speaker 13: the right reasons, which is that you never signed up

1673
01:21:07,800 --> 01:21:11,960
Speaker 13: to the attack on Iran and was quite clear about that,

1674
01:21:12,560 --> 01:21:15,160
Speaker 13: and partly for the wrong reasons, which is we wouldn't

1675
01:21:15,160 --> 01:21:17,799
Speaker 13: be in this position if we had a better energy policy.

1676
01:21:18,040 --> 01:21:21,360
Speaker 2: Yeah, exactly. By the way, Having said all that, and

1677
01:21:21,400 --> 01:21:23,160
Speaker 2: we've talked about it before, and I know you answered,

1678
01:21:23,280 --> 01:21:26,040
Speaker 2: I'll ask again. Your teen year guilt jumps sixty eight

1679
01:21:26,120 --> 01:21:28,960
Speaker 2: basis points. The other day, you're borrowing costs at record levels.

1680
01:21:29,000 --> 01:21:30,920
Speaker 2: You don't have any money. Everyone knows you don't have

1681
01:21:30,960 --> 01:21:34,160
Speaker 2: any money, so when they hand out the money, no

1682
01:21:34,240 --> 01:21:36,679
Speaker 2: one cares about that. They be you going broke.

1683
01:21:38,280 --> 01:21:41,559
Speaker 13: No one gives a monkey's mate, No No one gives

1684
01:21:42,000 --> 01:21:47,280
Speaker 13: a monkey's about any of those extrapolations. No, of course

1685
01:21:47,360 --> 01:21:50,599
Speaker 13: they don't. It's all about what happens in the here

1686
01:21:50,720 --> 01:21:52,040
Speaker 13: and now immediately.

1687
01:21:52,320 --> 01:21:54,360
Speaker 2: That's true. It's always the way, is it now? Listen, Met,

1688
01:21:54,439 --> 01:21:57,360
Speaker 2: I don't know if you know Met Britain. I'm reading

1689
01:21:57,439 --> 01:22:00,680
Speaker 2: Met Britain whose ex Google is lined up to be

1690
01:22:00,800 --> 01:22:03,439
Speaker 2: the new boss at the BBC. Do you know anything

1691
01:22:03,520 --> 01:22:05,400
Speaker 2: of them? And why would anyone in the right mind

1692
01:22:05,439 --> 01:22:06,639
Speaker 2: want to be the boss of the BBC?

1693
01:22:07,960 --> 01:22:10,000
Speaker 13: Well, I don't know why anyone would want to be

1694
01:22:10,080 --> 01:22:13,320
Speaker 13: the boss of the BBC. It's clearly an institution which

1695
01:22:13,400 --> 01:22:17,960
Speaker 13: is on a downward spiral, and quite a rapid downward spiral,

1696
01:22:18,560 --> 01:22:22,719
Speaker 13: and it will leave Matt Britain open to attacks every

1697
01:22:22,800 --> 01:22:26,320
Speaker 13: day of the week. That being said, he's from Google.

1698
01:22:28,479 --> 01:22:31,080
Speaker 13: I think that there is a certain sense in this,

1699
01:22:32,000 --> 01:22:35,599
Speaker 13: that it jects a certain commercialism into the BBC which

1700
01:22:36,280 --> 01:22:41,439
Speaker 13: hitherto has been entirely absent, and a certain reality. So

1701
01:22:41,800 --> 01:22:45,000
Speaker 13: maybe he will be good. But then, you know, Mike,

1702
01:22:45,280 --> 01:22:49,280
Speaker 13: I said that about Tim Davey. Oh, dear, exactly, Dear.

1703
01:22:49,920 --> 01:22:52,360
Speaker 2: We'll catch up, catch you up on Thursday. Appreciate it.

1704
01:22:52,439 --> 01:22:55,439
Speaker 2: You met Britain, by the way, president of Google Europe,

1705
01:22:55,479 --> 01:22:59,200
Speaker 2: Middle Eastern Africa. Twenty years with the company. Former Great

1706
01:22:59,240 --> 01:23:01,960
Speaker 2: Britain will Rute owing Champ worked with Trinity Mirror. He

1707
01:23:02,080 --> 01:23:03,720
Speaker 2: was on the board of the Guardian Immediate Group. That's

1708
01:23:03,760 --> 01:23:07,439
Speaker 2: the reference Rod makes to commercialism. He hasn't been announced yet,

1709
01:23:07,479 --> 01:23:10,479
Speaker 2: but everyone assumes it's him. A forty five.

1710
01:23:12,120 --> 01:23:16,519
Speaker 1: The High Asking Breakfast Fall Show podcast on iHeartRadio, Howard

1711
01:23:16,560 --> 01:23:17,560
Speaker 1: by News talks.

1712
01:23:17,320 --> 01:23:20,560
Speaker 2: At be just before we leave Britain. Last time we

1713
01:23:20,640 --> 01:23:22,280
Speaker 2: talked to Rod, which was last week. The bloke from

1714
01:23:22,400 --> 01:23:24,600
Speaker 2: Nigeria President was there. A was the first time the

1715
01:23:24,720 --> 01:23:26,519
Speaker 2: king they rolled out the red cap for the whole thing,

1716
01:23:26,560 --> 01:23:28,479
Speaker 2: first time in thirty seven years he'd been there. Anyway,

1717
01:23:28,520 --> 01:23:31,880
Speaker 2: he met Starmer as well, and they've done a deal

1718
01:23:32,160 --> 01:23:35,240
Speaker 2: where the government will recognize what they call UK letters,

1719
01:23:35,320 --> 01:23:39,080
Speaker 2: which is an identification document basically issued to you without

1720
01:23:39,160 --> 01:23:42,800
Speaker 2: a valid passport, and that basically means that they will

1721
01:23:42,840 --> 01:23:45,640
Speaker 2: take you back. So if you overstay, if you're an

1722
01:23:45,640 --> 01:23:49,519
Speaker 2: asylum seeker, if you're a criminal or whatever, they'll take

1723
01:23:49,560 --> 01:23:52,040
Speaker 2: you back. Annual returns to Nigeria nearly doubled to eleven

1724
01:23:52,160 --> 01:23:54,960
Speaker 2: hundred and fifty so they cut that particular deal. Australia.

1725
01:23:55,040 --> 01:23:57,519
Speaker 2: Great debate yesterday, looking forward to catching up with Steve tomorrow.

1726
01:23:57,560 --> 01:23:59,840
Speaker 2: Great debate in Australia yesterday. They seem to a bony

1727
01:24:00,120 --> 01:24:01,680
Speaker 2: woken up to it. One of the things they do

1728
01:24:03,120 --> 01:24:05,160
Speaker 2: is ship out gas to the world, and they're not

1729
01:24:05,240 --> 01:24:07,479
Speaker 2: making enough, so the calls are therefore are some sort

1730
01:24:07,479 --> 01:24:11,000
Speaker 2: of gas tax. Because it's very like we do in

1731
01:24:11,080 --> 01:24:13,760
Speaker 2: New Zealand with Fonterra. So we complain about the cost

1732
01:24:13,760 --> 01:24:15,320
Speaker 2: of but to complain about the cost of beef and

1733
01:24:15,360 --> 01:24:16,880
Speaker 2: meat and sheep and all of that. And the reason

1734
01:24:16,920 --> 01:24:19,200
Speaker 2: we do that is because of course we sell things

1735
01:24:19,280 --> 01:24:22,280
Speaker 2: to the world and therefore we pay the international price.

1736
01:24:22,680 --> 01:24:25,120
Speaker 2: They've got the same problem in Australia with the gas exports,

1737
01:24:25,160 --> 01:24:27,240
Speaker 2: and so they're talking about a twenty five percent gas

1738
01:24:27,800 --> 01:24:29,960
Speaker 2: So the idea with the twenty five percent gas tax

1739
01:24:30,040 --> 01:24:31,840
Speaker 2: would be that the people have got the gas, go

1740
01:24:32,280 --> 01:24:35,360
Speaker 2: do we really need to ship it? And if we do,

1741
01:24:35,479 --> 01:24:37,680
Speaker 2: we'll get taxed, whereas we could do it locally and

1742
01:24:37,800 --> 01:24:40,080
Speaker 2: make the price cheaper therefore sell more, et cetera. The

1743
01:24:40,160 --> 01:24:42,960
Speaker 2: other thing they've got that we don't is the ability

1744
01:24:43,040 --> 01:24:46,840
Speaker 2: on leverage, so prime Minister Luxen talked with Prime Minister

1745
01:24:46,920 --> 01:24:50,559
Speaker 2: Wong last night in Singapore, and we've got nothing to offer.

1746
01:24:50,640 --> 01:24:52,559
Speaker 2: I mean, we've got that food deal whereby have they

1747
01:24:52,640 --> 01:24:54,360
Speaker 2: run out of food, we can ship them food and

1748
01:24:54,520 --> 01:24:57,040
Speaker 2: maybe hopefully that relationship will help us if we ever

1749
01:24:57,120 --> 01:24:59,479
Speaker 2: run short on fuel. And therefore, you know they will

1750
01:24:59,520 --> 01:25:02,960
Speaker 2: make sure that contracts are adhered to. But Australia, of course,

1751
01:25:03,240 --> 01:25:05,920
Speaker 2: for places like Japan, China, et cetera, has gats and

1752
01:25:06,000 --> 01:25:08,320
Speaker 2: they go, well, we're quite keen to get the oil down,

1753
01:25:09,080 --> 01:25:11,960
Speaker 2: and if you were to be having troubles signing off

1754
01:25:12,000 --> 01:25:14,000
Speaker 2: on these particular contracts, we might have trouble all of

1755
01:25:14,040 --> 01:25:15,960
Speaker 2: a sudden exporting the gas to you. You see how

1756
01:25:16,000 --> 01:25:18,560
Speaker 2: that works. So they've got something, the other guys have

1757
01:25:18,640 --> 01:25:21,479
Speaker 2: got something, and that's how international trade works. The other

1758
01:25:21,520 --> 01:25:23,160
Speaker 2: thing I forgot to mention the other day and it

1759
01:25:23,200 --> 01:25:26,240
Speaker 2: still hasn't happened, is they keep saying they're on the

1760
01:25:26,320 --> 01:25:29,400
Speaker 2: verge of signing that FTA with the European Union. Vander

1761
01:25:29,439 --> 01:25:32,280
Speaker 2: Lane was supposed to be in Australia and I've not

1762
01:25:32,400 --> 01:25:35,080
Speaker 2: seen a turn up. Maybe she can't get a ticket,

1763
01:25:35,520 --> 01:25:37,360
Speaker 2: but the point being she was going to turn up.

1764
01:25:37,400 --> 01:25:38,640
Speaker 2: They were going to sign it and it was going

1765
01:25:38,720 --> 01:25:41,360
Speaker 2: to be a big deal. The interest for us being

1766
01:25:41,479 --> 01:25:46,080
Speaker 2: we signed ages ago. They didn't because they didn't like

1767
01:25:46,200 --> 01:25:49,000
Speaker 2: the access on farm. They thought the farmers weren't happy.

1768
01:25:49,080 --> 01:25:52,120
Speaker 2: Now their farmers are our farmers within a margin, we

1769
01:25:52,360 --> 01:25:56,800
Speaker 2: seemed happy. They didn't. And so if they've materially as

1770
01:25:56,800 --> 01:25:59,080
Speaker 2: a result of walking away, got a far better deal

1771
01:25:59,280 --> 01:26:01,880
Speaker 2: for their farmers we've got, there'll be questions to us.

1772
01:26:02,000 --> 01:26:03,760
Speaker 2: So we'll see how that unfolds. If it happens in

1773
01:26:03,800 --> 01:26:07,280
Speaker 2: the next few days. Night Away from nine the.

1774
01:26:07,479 --> 01:26:11,599
Speaker 1: Mic Hosking Breakfast with a Vida Retirement Communities News togs

1775
01:26:11,640 --> 01:26:12,080
Speaker 1: Head been.

1776
01:26:12,120 --> 01:26:14,559
Speaker 2: Over twenty six thousand kiwis have discovered that the key

1777
01:26:14,640 --> 01:26:16,920
Speaker 2: to the old retirement is right in the walls. This

1778
01:26:17,120 --> 01:26:20,200
Speaker 2: is the reverse mortgage from Heartland Bank. So approaching a

1779
01:26:20,280 --> 01:26:23,960
Speaker 2: reverse mortgage with questions and concerns, that's a very good thing.

1780
01:26:24,080 --> 01:26:25,960
Speaker 2: So here are some common questions that are raised by

1781
01:26:26,040 --> 01:26:28,800
Speaker 2: existing Heartland Bank customers. Will you still own your home?

1782
01:26:29,160 --> 01:26:29,360
Speaker 5: Yes?

1783
01:26:29,640 --> 01:26:32,080
Speaker 2: Yes, yes, yes reverse mortgage. You continue to own one

1784
01:26:32,160 --> 01:26:33,600
Speaker 2: hundred percent of your home for as long as you

1785
01:26:33,640 --> 01:26:36,280
Speaker 2: live in it. Will your debt be passed on to

1786
01:26:36,360 --> 01:26:40,360
Speaker 2: your children. No, so the Heartland Bank's no negative equity guarantee.

1787
01:26:40,400 --> 01:26:42,160
Speaker 2: That means you won't own more than what your home

1788
01:26:42,280 --> 01:26:45,439
Speaker 2: sells for. Will you be locked into regular loan repayments? No,

1789
01:26:46,080 --> 01:26:47,920
Speaker 2: you don't need to make repayments while you live in

1790
01:26:48,000 --> 01:26:50,840
Speaker 2: your home, but you can if you want, because that

1791
01:26:50,920 --> 01:26:53,080
Speaker 2: reduces the interest you pay. Of course, so if you're

1792
01:26:53,120 --> 01:26:56,080
Speaker 2: over sixty, unlock the possibilities of your retirement with a

1793
01:26:56,120 --> 01:26:58,320
Speaker 2: Heartland Bank reverse mortgage. Oh eight hundred and four double

1794
01:26:58,360 --> 01:27:01,800
Speaker 2: eight seven forty eight hundred four eight eight seven to

1795
01:27:01,840 --> 01:27:04,200
Speaker 2: four zero. Talk to a specialist. Get all your questions

1796
01:27:04,240 --> 01:27:06,559
Speaker 2: answered online if you like Heartland dot co, dot nz

1797
01:27:06,600 --> 01:27:10,040
Speaker 2: it and Heartland Bank's responsible lending criteria. Teas and seas

1798
01:27:10,200 --> 01:27:13,920
Speaker 2: and flees a fly hosking. Following on from the comments

1799
01:27:13,920 --> 01:27:18,599
Speaker 2: of your excellent overseas correspondent, the price of petrol? Why

1800
01:27:18,680 --> 01:27:21,439
Speaker 2: is it not increased whereas the leaders in this country

1801
01:27:21,560 --> 01:27:25,880
Speaker 2: ratcheted up the prizes either almost immediately upon application. Right,

1802
01:27:25,920 --> 01:27:29,320
Speaker 2: I'll explain this one more time. So petrol is priced

1803
01:27:29,520 --> 01:27:35,200
Speaker 2: on replacement cost. Our replacement comes from South Korea and Singapore.

1804
01:27:35,439 --> 01:27:39,000
Speaker 2: South Korea and Singapore get their oil from the Middle East.

1805
01:27:39,720 --> 01:27:44,080
Speaker 2: Therefore the replacement cost goes up. Oil is made all

1806
01:27:44,120 --> 01:27:46,599
Speaker 2: over the world. It's made by America, it's made by Brazil,

1807
01:27:46,720 --> 01:27:50,080
Speaker 2: it's made by Venezuela, it's made by Canada, it's made

1808
01:27:50,120 --> 01:27:53,200
Speaker 2: in Europe, made in Russia. And so the oil that

1809
01:27:53,360 --> 01:27:56,840
Speaker 2: you buy in the UK is not necessarily coming from

1810
01:27:56,960 --> 01:27:58,800
Speaker 2: Singapore and North Korea. In facted I know for a

1811
01:27:58,840 --> 01:28:02,439
Speaker 2: fact it isn't coming from those places. Therefore, if your

1812
01:28:02,560 --> 01:28:05,519
Speaker 2: future replacement cost hasn't gone up yet, because you're dealing

1813
01:28:05,600 --> 01:28:09,320
Speaker 2: with different people. Therefore, that's why the cost hasn't moved

1814
01:28:09,360 --> 01:28:12,000
Speaker 2: at the pump. It's the replacement cost that you were

1815
01:28:12,040 --> 01:28:14,920
Speaker 2: being charged. Five to nine's.

1816
01:28:14,560 --> 01:28:17,760
Speaker 1: Trending now with him as well house and you're home

1817
01:28:17,840 --> 01:28:19,240
Speaker 1: of sports and Nutritia.

1818
01:28:21,600 --> 01:28:25,800
Speaker 2: This is almost under On the day that we told

1819
01:28:25,840 --> 01:28:30,639
Speaker 2: you that Barry Manilow eighty two throat cancer is coming

1820
01:28:30,720 --> 01:28:35,400
Speaker 2: back with a new album and a tour, I can

1821
01:28:35,560 --> 01:28:39,680
Speaker 2: tell you that Celine Dion looked at Barry Manilow and

1822
01:28:39,760 --> 01:28:42,719
Speaker 2: when that old fark can get out of bed and tour,

1823
01:28:42,840 --> 01:28:45,360
Speaker 2: then so can I with my stiff persons and drape

1824
01:28:46,200 --> 01:28:49,760
Speaker 2: and so she has apparently, because there are a whole

1825
01:28:49,800 --> 01:28:52,880
Speaker 2: bunch of posters done on my castin didn't tell us this.

1826
01:28:53,280 --> 01:28:55,040
Speaker 2: I mean, we had Catherine on from France for goodness

1827
01:28:55,040 --> 01:28:57,600
Speaker 2: sake and say what's happening in Paris Catherine, and she

1828
01:28:57,760 --> 01:29:00,160
Speaker 2: went something on about oil and a war, and then

1829
01:29:00,200 --> 01:29:03,160
Speaker 2: she talked about elections, and no point did she say,

1830
01:29:03,160 --> 01:29:04,960
Speaker 2: I've seen a whole lot of posters, Mike, all out

1831
01:29:04,960 --> 01:29:06,360
Speaker 2: of the place here in Paris. I never mentioned it

1832
01:29:06,439 --> 01:29:09,960
Speaker 2: once anyway, there are posters around Paris for a series

1833
01:29:10,000 --> 01:29:11,680
Speaker 2: of concerts. When I say series, there are two, so

1834
01:29:11,760 --> 01:29:13,799
Speaker 2: it's not really a series that there are two concerts.

1835
01:29:14,560 --> 01:29:17,519
Speaker 2: One of them is going to be in September and

1836
01:29:17,600 --> 01:29:20,080
Speaker 2: one of them is going to be in October. I can.

1837
01:29:20,240 --> 01:29:24,080
Speaker 2: I can feel Larry Williams on the Google already. Yeah,

1838
01:29:24,080 --> 01:29:27,200
Speaker 2: she's doing two concerts a week, two concerts a week,

1839
01:29:28,400 --> 01:29:31,400
Speaker 2: so it there's a series of concerts. I was grown apologize.

1840
01:29:31,920 --> 01:29:36,080
Speaker 2: She's doing two concerts a week in Paris for September

1841
01:29:36,160 --> 01:29:39,519
Speaker 2: and October, so virtually eight nine concerts. Huge number of concerts,

1842
01:29:40,600 --> 01:29:44,439
Speaker 2: first one since March of twenty twenty. So hope she's

1843
01:29:44,439 --> 01:29:44,840
Speaker 2: warming up.

1844
01:29:44,920 --> 01:29:46,519
Speaker 8: Larry's going to be torn because he doesn't love the

1845
01:29:46,560 --> 01:29:48,880
Speaker 8: French food, so much, he does not he does lave

1846
01:29:48,920 --> 01:29:50,680
Speaker 8: Selene and what will you do?

1847
01:29:50,840 --> 01:29:53,320
Speaker 2: EH? Take your own food pack of lunch pack a

1848
01:29:53,439 --> 01:29:56,759
Speaker 2: lunch back tomorrow from Sex Says Always Happy Days.

1849
01:30:00,479 --> 01:30:03,360
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1850
01:30:03,479 --> 01:30:06,640
Speaker 1: News Talk SETB from six am weekdays, or follow the

1851
01:30:06,720 --> 01:30:08,160
Speaker 1: podcast on iHeartRadio