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Speaker 1: The New Zealand's home for trusted news and views, The

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Speaker 1: Mike Hosking Breakfast with the range Rover, the la designed

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Speaker 1: to intrigue and use Togsdad b.

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Speaker 2: Well, then you welcome today the budget and whether more

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Speaker 2: debt is wise, whether up and que say the soul's

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Speaker 2: long term issues or just adds more cost to us

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Speaker 2: all where the two hundred million for gas exploration brings

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Speaker 2: the explorers back. Nicola Willis and the cast to be interested.

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Speaker 2: Richard Arnold stateside Timm and Katie after a murray olds

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Speaker 2: in a very wet New South Wales pasky. Welcome to

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Speaker 2: the day, seven past six. It's likely, indeed forecast that

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Speaker 2: this government, if re elected next year, will end its

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Speaker 2: second term i e. Twenty twenty nine, never having run

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Speaker 2: a surplus. Now that are the means they spend too

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Speaker 2: much or they inherited a gargantu and miss. The latter

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Speaker 2: we know to be a fact that the form is

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Speaker 2: a bit debatable. In fact, depending on how you measure things,

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Speaker 2: the fore car surplus and twenty twenty nine is so

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Speaker 2: thin it might be less than nothing. And that's the

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Speaker 2: optimistic way of measuring things. The government now favors on

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Speaker 2: to why that is, the traditional way still has a

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Speaker 2: three billion dollar hole. By twenty twenty nine, the pay

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Speaker 2: equity money turns out to be about two and a

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Speaker 2: half billion a year, which shows you how hopelessly loose

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Speaker 2: pay equity became. Primary teaching is not a pay equity issue,

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Speaker 2: the same way nursing isn't. It's a union pay grab.

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Speaker 2: The opposition will try and convince you otherwise, but they're wrong.

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Speaker 2: What we do know is the government found five billion

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Speaker 2: a year from savings in equity, which is a lot

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Speaker 2: of money, but money that still allegedly needs spending, hence

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Speaker 2: the ongoing deficits. The debt to GDP keeps going up.

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Speaker 2: It's too high. But under my way of doing things,

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Speaker 2: the little there was handed out or redistributed yesterday wouldn't

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Speaker 2: have been. But I suspect the politics of that particular

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Speaker 2: approach was too much to stomach. But and here is

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Speaker 2: the issue. A conservative government can only run things in

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Speaker 2: the red for so long before the public quite rightly

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Speaker 2: asks whether they actually know what they're doing. Can we

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Speaker 2: save a freebies for the so called wealthy? Good move?

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Speaker 2: Best start freebies for wealthy families? Good move? Means testing

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Speaker 2: wealthy families on jobless teenagers. Common sense. It's done on

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Speaker 2: student allowance, depreciation for business assets. Good move encourages people

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Speaker 2: to spend to take a punt more please. In the end,

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Speaker 2: it was pretty much a simple document because one, the

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Speaker 2: government has limited room to move, and two, governments should

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Speaker 2: not be the home of all good ideas, bum wiping

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Speaker 2: and problem solving. They should set the mood and clear

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Speaker 2: the runway. It's a classic center right budget written in

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Speaker 2: tough times. What they need politically is people to understand

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Speaker 2: just how tough and to give them leeway and some

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Speaker 2: patience to ride this out. And as for those who

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Speaker 2: dug as this hole in the first place, the less

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Speaker 2: we hear from them, the better.

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Speaker 1: News of the world.

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Speaker 2: In ninety seconds, Yaza came to the streets of Washington

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Speaker 2: last night when two Israeli embassy workers got shot dead.

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Speaker 3: I was walking by.

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Speaker 4: Guy came up and he shot this young couple.

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Speaker 5: We heard between ten to fifteen gun shots roughly, I

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Speaker 5: don't know the exact number, and all of us were

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Speaker 5: a little bit startled.

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Speaker 2: Israel's ambassador the people of Israel are resilient people.

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Speaker 6: The people of the United States of America are resilient people.

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Speaker 2: Together, we won't be afraid.

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Speaker 6: Together, we'll stand and we're going to overcome moral depravity.

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Speaker 2: The ag they.

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Speaker 7: Walked outside to go home and were gunned down.

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Speaker 8: That cannot happen in our community.

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Speaker 7: And this is the day where we all need to

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Speaker 7: come together, no matter what religion.

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Speaker 2: We are also sign Trumpet's big beautiful bill has passed

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Speaker 2: the House. Just the moderates bicyclely got beaten up by

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Speaker 2: the highline of some of these.

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Speaker 7: Cuts are not real. You know, if you do a

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Speaker 7: trade and a half, that's like a percent and a half.

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Speaker 7: So let's don't get high on a horse here that

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Speaker 7: we've somehow made some major advancement of reducing spending because we.

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Speaker 2: Did then big deal in brook and I finally count

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Speaker 2: the Chagos deal.

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Speaker 9: Anyone who would abandon this deal would abandon the base.

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Speaker 10: Yeah, they would.

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Speaker 11: Weaken the security of the British people, and they would

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Speaker 11: weaken the straight for the British armed forces.

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Speaker 2: Essentially the hand the place iba and least it veack

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Speaker 2: the Tories not fans.

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Speaker 11: We fundamentally opposed the idea of spending billions on a

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Speaker 11: surrender tax to lease back land that we currently own

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Speaker 11: freeholding final where.

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Speaker 2: The US Treasury is officially phasing out the penny. Now,

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Speaker 2: this announcement came over night, It's been coming for a while.

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Speaker 2: That costs more than three cents to produce each one

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Speaker 2: of them businesses that do the cash transaction, and there's

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Speaker 2: a lot of them, because America is a cash economy.

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Speaker 2: Of course, they'll soon need to start rounding up to

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Speaker 2: the nearest nickel problem with the nickel is the latest

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Speaker 2: figure shot It costs thirteen point eight cents to make

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Speaker 2: a nickel.

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Speaker 3: So that is news of the world.

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Speaker 2: Ninety Yeah, the Chagos deals one hundred and one million

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Speaker 2: pounds per year four ninety nine years, with an option

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Speaker 2: for another forty years after that. And the Big Beautiful

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Speaker 2: Bill two fifteen to two fourteen. Sure, two Republicans bailed.

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Speaker 2: It's now off to the Senate. Eleven past six.

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

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Speaker 1: by News talks it by.

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Speaker 2: Watch this one. Murray Olds is going to be interesting

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Speaker 2: after eight thirty this morning, Susan lad David Little Proud.

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Speaker 2: This is the collapse of the coalition during the week.

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Speaker 2: This is historic, a momentous day in Australian politics. It's

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Speaker 2: so momentous. They decide, I wonder if we haven't made

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Speaker 2: a mistake. So some crisis talks were enacted yesterday. Lay

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Speaker 2: reached out to Michael McCormick, Barnaby Joyce and Darren Chester

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Speaker 2: to salvage the situation. So we'll see where we go

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Speaker 2: with that. Fourteen past six management.

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Speaker 12: Gregsmith Moody to you morning, do you Mike.

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Speaker 2: Budget me up? What do you reckon?

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Speaker 13: Ah?

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Speaker 11: Well, obviously there's plenty of bad news, isn't it in

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Speaker 11: terms of the weaker economy. We at less text are

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Speaker 11: in you with a delayed surplus to twenty twenty nine,

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Speaker 11: and you know the rise in debt levels. But let's

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Speaker 11: look at some of the positives. So yeah, the new

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Speaker 11: Text incentive scheme deductions of firms of twenty percent of

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Speaker 11: new esse. It's near the purchased okon, that's great. It's

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Speaker 11: going to boost economic grave. It's going to cost six

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Speaker 11: point six billion, but it's going to left GDP by

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Speaker 11: one percent, wages by one and a half per cent

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Speaker 11: of allbit over the next twenty years. I think it's

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Speaker 11: good cause, as the government notes, share business investment raises

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Speaker 11: the product to the workers lists and drives economic growth,

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Speaker 11: simple equation, and we need that list and productivity given

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Speaker 11: we've got one of the lowest rates of it in

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Speaker 11: the OECD, So I think it's I think only good news. Obviously,

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Speaker 11: the in terms of ki we saving, you mentioned that

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Speaker 11: it does add costs, but I think overall it is

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Speaker 11: a great course. I think it's a net positive. So

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Speaker 11: we're raising that default minimum to three and a half

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Speaker 11: percent April next year, and then it's obviously going to

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Speaker 11: rise towards four percent by twenty twenty eight. And yeah,

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Speaker 11: yeah they having contributions. Of course, highers are out, but

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Speaker 11: we've got sixteen seventy year olds in and yeah, I

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Speaker 11: think overall it's a net positive. Look and if you

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Speaker 11: look at it, does the only need to obviously look

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Speaker 11: across the testament and the benefits of your having a

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Speaker 11: strong superannuation plan. Your Oddi's at eleven and a half percent,

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Speaker 11: so I'm not going to get there anytime soon, but

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Speaker 11: it's worked out pretty well there and I think you

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Speaker 11: know the reality is this, keys are pretty bad savers historically,

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Speaker 11: so this is a great way to investify wealth. It's

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Speaker 11: good for first home buyers, it's going to give them

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Speaker 11: a little helping hand on the ladder, and so I

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Speaker 11: really like that initiative, and I just think the overall

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Speaker 11: budget was it didn't build a ter any surprises and

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Speaker 11: a lot of saying it's not going to have much

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Speaker 11: bearing on the ABNZ next week and they're all going

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Speaker 11: to be looking at global factors. I think just sort

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Speaker 11: of reaffirms, you know, what a tough spot our economy

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Speaker 11: is in general. So I actually argue it is it

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Speaker 11: is something the abends that'll.

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Speaker 14: Be looking at.

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Speaker 2: Yeah, exactly reporting season next week. Are where you standing

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Speaker 2: by with trepidation or not? What's going on?

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Speaker 11: Yeah, we are a little bit so Yeah, I suppose

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Speaker 11: your disappointments have been punished early days and yeah, those

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Speaker 11: that have sort of been rewarded. So we've got quite

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Speaker 11: a few big blue chips supported next week, but we

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Speaker 11: had a few of the minnows a few appetizers yesterday.

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Speaker 11: Oceana Healthcare we've got rhyme and reporting next week. But

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Speaker 11: fellow retirement care operator they have their four years olds.

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Speaker 11: They're pretty solid. Four percent increase in earning thirty six million.

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Speaker 11: Income was up that sales momentum in the second half

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Speaker 11: volumes increasing seventeen percent, resales up. They're doing pretty well

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Speaker 11: on the development front, and Auckham and christ Church they're

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Speaker 11: taking costs out. She's a pretty flat but up around

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Speaker 11: fourteen percent year to date, so all their story is

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Speaker 11: pretty solid. Yeah. At Pharmaceuticals they sell maxages at tablets.

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Speaker 11: Now the revenues are up six percent turn or eight million.

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Speaker 11: They're doing really well in Australia. Sales are up seventeen percent,

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Speaker 11: operating profit they are up to sixty five percent, and

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Speaker 11: they are the only company in the world to secure

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Speaker 11: two licensing agreements into China and that's the second largest

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Speaker 11: farmer market. That's a good story. She is up nearly

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Speaker 11: four percent. And then of course there is maybe not

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Speaker 11: such a great name to some some in terms of

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Speaker 11: my food Bag that actually jumped seven percent following the result.

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Speaker 11: Earnings of sixteen million were pretty flat active customers as

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Speaker 11: well as well as revenues, but sales and the second

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Speaker 11: half up five percent, and they're doing well in the

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Speaker 11: first eight weeks of the year. Now there's a stock

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Speaker 11: which has burnt a lot of key we investors and

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Speaker 11: it's down ninety percent since that float back in twenty

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Speaker 11: twenty one. It's not going to get back there. So

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Speaker 11: it's all that sort of looking at the current situation.

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Speaker 11: But obviously a bit of a lesson was float and

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Speaker 11: peak conditions. A lot of investors brought into the hype

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Speaker 11: extrapolated situation, as we know now was only temporary. So

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Speaker 11: I think you have to say confidence with the stock

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Speaker 11: is pretty shot. But you know it's actually under three

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Speaker 11: times earning, so you know the values there it has

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Speaker 11: been right sized, not going to get back to formal glories.

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Speaker 11: But yeah, they seem to be doing well at the moment.

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Speaker 2: Okay, I need some numbers from you, griggles.

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Speaker 11: Okay, what have we got, Mike, We've got the Dore

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Speaker 11: is actually up point four percent, as you say, that

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Speaker 11: big beautiful bill has passed and it's gonna actually increase

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Speaker 11: the levels as well. But four to two zero three

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Speaker 11: three on the Dow is a B five hundred up

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Speaker 11: point three percent, five eight six four, And there's the

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Speaker 11: up point eight percent, the fifty one hundred down half percent.

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Speaker 11: There was some sort of positive data in terms of

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Speaker 11: business and consumer confidence. Nick I down point eight percent,

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Speaker 11: A six two hundred down half percent, Index fifty down

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Speaker 11: point three percent, twelve sixty sixty two, gold down sixteen

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Speaker 11: bucks three to two nine eight and ounce oil down

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Speaker 11: fifty cents sixty one spot zero four. And the currency

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Speaker 11: is Key is actually weaker across the border, partly on

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Speaker 11: the budget. So the US this is the Key with

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Speaker 11: fifty nine and down point six percent against is Traian

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Speaker 11: dollars with ninety two even. We're forty four even against

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Speaker 11: the Bruce bound and we're eighty five point one against

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Speaker 11: the Japanese.

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Speaker 2: Again, you have a good weekend, mate, appreciate your expertise.

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Speaker 2: This week, Greg Smith, Devon Funds Management Zesprey once again

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Speaker 2: came to the party. This was their corporate prophecies like

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Speaker 2: the Fontira versus the farm milkgate, blah blah. Anyway, it's

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Speaker 2: their corporate operation. They had a record profit and I'm

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Speaker 2: not surprised because if you can't do well in key

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Speaker 2: fruit at the moment, no one's doing well. And very

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Speaker 2: good news for christ Church, the South Island and travel

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Speaker 2: and Singapore Airlines and Christyuge Airport because we've got the season.

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Speaker 2: Another four flights between christ Church and Singapore each week

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Speaker 2: as of November has been announced. So basically this summer

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Speaker 2: period November through February, which is twenty three thousand extra seats,

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Speaker 2: so that's eleven services per week, so it's a lot

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Speaker 2: of choice. And they've got sixty four additional tons of

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Speaker 2: out bound freight to that particular part of the world.

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Speaker 2: So good on them. Six twenty Friday morning, you're on

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Speaker 2: the Make Consking.

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Speaker 1: Breakfast the Mike Asking Breakfast Full Show podcast on iHeartRadio

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Speaker 1: powered by News.

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Speaker 2: Talks at b Yeah, a very good point, Mike christ Dute.

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Speaker 2: Also flights from Cathay, China, Southern United Emirates punch as

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Speaker 2: well above its weight for connectivity. Now, very very good point.

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Speaker 2: Speaking of airlines and travel, so in America, and this

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Speaker 2: is the growing picture. We'll come to the bond market.

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Speaker 2: The yields the flight to safety out of America at

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Speaker 2: the moment because of Trump, but airlines are now forecasting

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Speaker 2: out of America what they're calling a summer of Hell.

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Speaker 2: They've got the usual issues with plane seats, etc. But

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Speaker 2: they've also got new issues, which is the pending recession

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Speaker 2: of the Rizwan. Certainly the sentiment is not the same,

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Speaker 2: so people's desire to buy tickets. They've got the ongoing

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Speaker 2: problem with flight delays, and cancelations around air traffic control.

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Speaker 2: Air traffic control is a major issue in America these days,

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Speaker 2: leading to all sorts of drama. And then you've got

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Speaker 2: the business of whether you actually want to go to

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Speaker 2: America anymore because you might get frisked or have your

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Speaker 2: phone looked at, or the border seems to be an

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Speaker 2: increasing problem. Having said that, so that's America meantime. Reported

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Speaker 2: to this morning that summer travel demand for the Northern

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Speaker 2: Europe period. There are a lot of people, of course

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Speaker 2: from this part of the world, in all parts, that

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Speaker 2: will go to Europe for summer, for July and August,

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Speaker 2: and that demand is booming. It looks good for summer.

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Speaker 2: There are capacity constraints already ahead of booking. So Europe good,

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Speaker 2: America not so good. It is twenty five minutes past

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Speaker 2: six trending.

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Speaker 1: Now quit chemist warehouse, mayhem megasale on.

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Speaker 2: Now now to the scandal that's gripping IndyCar that we

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Speaker 2: alluded to yesterday. One of the world's biggest races, the

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Speaker 2: Indy five hundred, of course, and of course we got

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Speaker 2: so many New Zealanders involved. Roger Penske he owns IndyCar.

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Speaker 2: He owns the Indianapolis five hundred. He owns the Indianapolis

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Speaker 2: Motor Speedway, so he's the team that Scott McLachlan drives

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Speaker 2: for now. The scandal is they've got a thing, as

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Speaker 2: I explained yesterday, called inn the tenuatter now that's designed

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Speaker 2: to cushion the blode of the car hits a wall. Now,

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Speaker 2: all the cars have the same attenuator from the same

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Speaker 2: single source supplier. However, Penske made modifications stuck him in

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Speaker 2: the Willpower and the Joe New Garden cars. Last year

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Speaker 2: they cheated too. This was the push to Pass scandal.

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Speaker 2: It was where software was putting all three of the

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Speaker 2: cars to give the driver's engine boosts. It's all illegal

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Speaker 2: and they got pinged on that. So Roger Penske had

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Speaker 2: to front up yesterday to try and hose it all down.

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Speaker 6: I'm totally disappointed with the outcome. And when I think

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Speaker 6: about Team Penske, we really have had an organization failure

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Speaker 6: two times, not once, but two times, and believe me,

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Speaker 6: it hurts me in my gut. There's a certain amount

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Speaker 6: of credibility you have to have. It's integrity individually and

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Speaker 6: collectively our team and I think we let people down.

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Speaker 2: You let people down, so he went and seck them

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Speaker 2: because he blames the people running the team.

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Speaker 6: Basically, Number one, I can look myself in the mirror

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Speaker 6: and say I've done the right thing. Obviously we have

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Speaker 6: not done a good job in the optics for people

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Speaker 6: outside this and these two violations you would call him

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Speaker 6: certainly show the fact that I need to be more diligent.

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Speaker 2: Yeah, so what you got is nine attenuators and this

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Speaker 2: is where got They messed with them. Some of they

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Speaker 2: messed with some of them they didn't. And that's why

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Speaker 2: McLaughlin got lucky. His car was cleaned.

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Speaker 15: Those have been rotated through the cars over the last

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Speaker 15: fifteen months. We also had newer ones that we bought

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Speaker 15: and those have been in the same batch. And that's

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Speaker 15: why you see that McLachlin didn't have an issue with

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Speaker 15: his car.

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Speaker 2: Now, the key to remember here is McLaughlin not only

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Speaker 2: is he lucky, but also him power and new guard.

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Speaker 2: In other words, the drivers, they aren't cheats, they're not

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Speaker 2: considered culpable. They didn't have a clue. The people were

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Speaker 2: doing the business behind the scenes. Now Here was so

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Speaker 2: much cover off in the budget. The key we say

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Speaker 2: the thing four percent and four percent. Is that actually

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Speaker 2: long term solution to a problem and this overall superannuation

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Speaker 2: thing that we can't afford in ensuing years or does

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Speaker 2: it simply add cost to business? And given that you

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Speaker 2: can opt out if you want to, are people going

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Speaker 2: to start opting out? We'll crunch a few numbers around here,

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Speaker 2: you say, before you after the news, which is next

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Speaker 2: here on the make Blonking.

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Speaker 1: Setting me agenda and talking the big issues, the Mike

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Speaker 1: costing breakfast with Bailey's real estate, your local experts across residential, commercial,

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Speaker 1: and rural news togs head be Mike.

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Speaker 2: Forty five times two hundred and sixty dollars eleven thy

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Speaker 2: seven hundred, even with compounding interests. That's far shorter than

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Speaker 2: the sixty six thousand laborers alleging the government is stealing

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Speaker 2: from Kii Saber for individuals. Tony, good point. But the

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Speaker 2: mistake you make is believing Labor party when it comes

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Speaker 2: to economic calculations. Am I right, Mike? And saying, after

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Speaker 2: all the drama about letting the Mallory Party into the

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Speaker 2: House to debate it, they didn't even turn up. Yes

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Speaker 2: you are, Mike, what about the Mallory Party didn't even

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Speaker 2: show up to the House for the budget. This was

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Speaker 2: brushed over quickly by most of the media. How is

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Speaker 2: this acceptable? It's acceptable only if you take them seriously,

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Speaker 2: which I don't. As Logan Royce famously said, these are

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Speaker 2: not serious people. Twenty three minutes away from seven Nichola

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Speaker 2: Wilson in ours time, This Quey Sabers story got the

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Speaker 2: adjustment yesterday. So what have we got? Minimum contributional increase

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Speaker 2: from three to four Percently amount the government puts in

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Speaker 2: will be hard to a maximum of two sixty one

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Speaker 2: a year means testing. So if you're high income earner

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Speaker 2: you get nothing superinnuation. Key we Saber expert Jonathan Erickson's

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Speaker 2: with us on this Jonathan.

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Speaker 4: Morning Morning, Mike, how thanks very well.

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Speaker 2: Indeed, thank you. The government's part of the equation, Is

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Speaker 2: it material for most people or not?

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Speaker 4: No, it's not. And in that sense, it's a pity

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Speaker 4: that they're interfering with a system that works really well

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Speaker 4: as it stands. On the other hand, the fact that

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Speaker 4: they're taking money away from Kei we Saber to put

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Speaker 4: into health and education is probably a good thing. But

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Speaker 4: the key good thing about this is that they're actually

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Speaker 4: encouraging and making employers contribute in respect of sixteen and

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Speaker 4: seventeen year olds, which means that younger people can start

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Speaker 4: contributing and learn.

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Speaker 2: To say you think that's material.

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Speaker 4: Yes, I do. In the sense it encourages people to

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Speaker 4: start saving earlier, because that is what they should be

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Speaker 4: trying to do for the rest of their lives until

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Speaker 4: they retire. But in terms of you know, cutting the

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Speaker 4: CO contribution in half and cutting it out entirely, if

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Speaker 4: you get over one hundred and eighty thousand a year, well,

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Speaker 4: for one hundred and eighty thousand or a two hundred

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Speaker 4: thousand dollars a year employee, that the tax on their

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Speaker 4: to twenty thousand dollars that they earn over one hundred

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Speaker 4: and eighty thousand is over one thousand dollars. So whether

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Speaker 4: the CO contributions five hundred or two sixty doesn't really matter.

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Speaker 4: The key thing is that they're paying more out an

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Speaker 4: extra tax as a result of the labor government putting

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Speaker 4: the tax rate up to thirty nine cents a few

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Speaker 4: years ago.

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Speaker 2: Don't get me started on that the four percent contribution

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Speaker 2: from employers. Is that a cost to business or a

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Speaker 2: solution to a long term problem.

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Speaker 4: No, it's a cost of business. Most people, most generous

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Speaker 4: employers put in four percent anyway, or five. They'll match

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Speaker 4: the employees, and some employees even match it up to

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Speaker 4: ten percent. So in that sense, having the minimum at

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Speaker 4: three is for people who can't afford to pay anymore,

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Speaker 4: and make them pay pay three and a half and

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Speaker 4: then four to get the co contribute. The matching contribution

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Speaker 4: from the employer doesn't really matter. And the real problem

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Speaker 4: is that every time they tweak this it damages people

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Speaker 4: confident and the system staying on.

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Speaker 2: Couldn't agree more, but they were always going to because

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Speaker 2: the politicians net gain or net loss as a move

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Speaker 2: out of yesterday.

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Speaker 4: From the Kiwi save side. It's a net loss because

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Speaker 4: people will actually contribute. They'll do their one thousand dollars

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Speaker 4: a year just to get the two hundred and sixteen

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Speaker 4: instead of five hundred and twenty, but they won't actually

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Speaker 4: contribute the way they could and should if the system's

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Speaker 4: kept the in its good form that it had.

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Speaker 2: Well, argue Jonathan, you have a good weekend, Appreciate it,

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Speaker 2: Jonathan Erickson, superannuation and key we expert. As I say,

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Speaker 2: Nikola Willis after seven thirty and bred Olds and to

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Speaker 2: crunch a few more numbers for us after seven nineteen

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Speaker 2: to two the.

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Speaker 1: Mic Hosking Breakfast Full Show podcast on iHeartRadio powered by

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Speaker 1: News Talk Zip.

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Speaker 2: Now, let's talk about the future of next gen AI laptops,

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Speaker 2: and it's already at Harvey Norman next gen AI Windows laptops,

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Speaker 2: they've landed, and they're smart. They learn how you work,

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Speaker 2: what you like, adapt to well. You help you work

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Speaker 2: faster basically and smarter and smooth, whether it's multitasking by day,

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Speaker 2: streaming by night. You will love the multi day battery life,

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Speaker 2: although let's be real, that will depend on how you

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Speaker 2: use it. Plus, the next gen security are for your

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Speaker 2: data that stays private, nice and safe, steps ahead of

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Speaker 2: the threats and deals well, they've got good deals. Save

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Speaker 2: three hundred ninety bucks with an introductory offer on the

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Speaker 2: hp O the Book five that's just eighteen ninety eight.

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Speaker 2: You grab her an introductory offer, save over five hundred

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Speaker 2: on the Lenovo Idea Padslam five now thirteen ninety eight.

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Speaker 2: On the Asis Swift AI co Pilots plus PC that's

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Speaker 2: only fourteen ninety seven, which saves y over three hundred.

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Speaker 2: So check out the future of next year in AI laptops,

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Speaker 2: cutting edge devices featuring state of the art technology, and

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Speaker 2: you are saving big worth Harvey Norman Cosking, Mike, how

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Speaker 2: can Hipkins talk trash about the budget when we're in

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Speaker 2: the position because him and just indes indability to run

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00:20:23,600 --> 00:20:26,120
Speaker 2: the country. They should they have money away and bought

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Speaker 2: their votes. She should be in jail. I wouldn't put

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Speaker 2: them in jail, but I just wouldn't give them as

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Speaker 2: much time as you seem to want to, Mike. Does

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Speaker 2: anyone have any evidence that New Zealanders are under saving

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Speaker 2: for retirement? Yes, we do. We've got plenty of evidence.

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Speaker 2: And the evidence is the percentage or the number of

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Speaker 2: people who are solely reliant on superannuation, and there are

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Speaker 2: far too many of them, thus indicating we've got a problem.

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Speaker 12: Six forty five International correspondence with Ends and Eye Insurance

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Speaker 12: Peace of mind for New Zealand business, say.

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Speaker 2: Sid Richard Arnold, Good Friday morning to you good And

436
00:20:58,960 --> 00:21:00,920
Speaker 2: he got there by one stop the center.

437
00:21:02,400 --> 00:21:04,560
Speaker 16: Well, a win's a win, right, He won the pressure

438
00:21:04,560 --> 00:21:06,040
Speaker 16: game when it came to the House. He got his

439
00:21:06,080 --> 00:21:08,840
Speaker 16: tax bill through by this single vote two hundred and

440
00:21:08,880 --> 00:21:11,160
Speaker 16: fifteen to two hundred and fourteen for what the Master

441
00:21:11,200 --> 00:21:14,960
Speaker 16: of nicknames calls, Who's one big beautiful bill. However, Matt Drudge,

442
00:21:15,000 --> 00:21:19,080
Speaker 16: the Conservative blog calls it quote the big beautiful tax bomb.

443
00:21:19,320 --> 00:21:21,600
Speaker 16: That's because this will add around three point eight trillion

444
00:21:21,640 --> 00:21:25,560
Speaker 16: dollars US to the massive deficit country has, which is

445
00:21:25,680 --> 00:21:28,480
Speaker 16: already at what thirty six a trillion, at a point

446
00:21:28,520 --> 00:21:30,639
Speaker 16: when others already are cooling on the US economy. So

447
00:21:30,680 --> 00:21:35,120
Speaker 16: if conservatives once called themselves fiscal conservatives, well they didn't

448
00:21:35,160 --> 00:21:37,520
Speaker 16: vote that way, did they. They talk about cutting the debt,

449
00:21:37,680 --> 00:21:40,280
Speaker 16: then they ballot it when they're in power. This now

450
00:21:40,320 --> 00:21:42,840
Speaker 16: goes to the US Senate, where some Republicans are saying

451
00:21:42,920 --> 00:21:44,679
Speaker 16: this is too big and they will not vote for

452
00:21:44,680 --> 00:21:47,159
Speaker 16: it in this form. Republican Senator Around Paul saying his

453
00:21:47,240 --> 00:21:50,200
Speaker 16: party will own the deficit if they back this thing.

454
00:21:50,520 --> 00:21:53,160
Speaker 16: Republicans Senate leader John Suons says they plan to seek

455
00:21:53,160 --> 00:21:57,160
Speaker 16: some changes and maybe break the bill apart into separate packages.

456
00:21:57,440 --> 00:22:01,240
Speaker 16: Republican Senator Lindsay Graham says the claims about spending cuts

457
00:22:01,280 --> 00:22:02,120
Speaker 16: are a mira.

458
00:22:02,359 --> 00:22:03,840
Speaker 11: Some of these cuts are not real.

459
00:22:04,600 --> 00:22:06,960
Speaker 7: So let's don't get high on a horse here. That

460
00:22:07,080 --> 00:22:11,359
Speaker 7: we've somehow made some major advance when are producing spending

461
00:22:11,440 --> 00:22:12,040
Speaker 7: costs we did.

462
00:22:12,640 --> 00:22:16,200
Speaker 16: When it's added up, the richest ten percent get an increase,

463
00:22:17,080 --> 00:22:22,080
Speaker 16: the poorest lose some money because the tax changes are aggressive,

464
00:22:22,119 --> 00:22:24,840
Speaker 16: and there are plan cuts as well through medical care

465
00:22:24,920 --> 00:22:27,560
Speaker 16: and food money for the poor, so rich do better

466
00:22:27,840 --> 00:22:29,960
Speaker 16: on the backs of the poor. There is an extension

467
00:22:30,000 --> 00:22:32,640
Speaker 16: of the twenty seventeen Trump's tax cuts that will cost

468
00:22:32,680 --> 00:22:35,520
Speaker 16: two point two trillion US. However, on the other side,

469
00:22:35,560 --> 00:22:37,960
Speaker 16: some eight point six million people here will be without

470
00:22:38,040 --> 00:22:42,200
Speaker 16: medical coverage, Food stamp requirements will be tightened. There will

471
00:22:42,200 --> 00:22:44,359
Speaker 16: be a temporary ban on taxing tips, which is an

472
00:22:44,400 --> 00:22:46,320
Speaker 16: idea that Trump put forward to win votes during the

473
00:22:46,400 --> 00:22:48,960
Speaker 16: campaign in Las Vegas and so on. But again that's

474
00:22:49,040 --> 00:22:50,760
Speaker 16: just temporary. There is a call for it would be

475
00:22:50,760 --> 00:22:53,840
Speaker 16: illigants to pay a thousand bucks to be considered in

476
00:22:53,880 --> 00:22:56,280
Speaker 16: the courts here, and there is a ban on some

477
00:22:56,440 --> 00:22:59,840
Speaker 16: clean energy incentives just on those elements. So if they

478
00:23:00,000 --> 00:23:02,040
Speaker 16: eliminated the tax counts for people who earn a half

479
00:23:02,080 --> 00:23:04,880
Speaker 16: a million bucks US a year or more, that would

480
00:23:04,920 --> 00:23:07,199
Speaker 16: save more than one trillion dollars, a little more than

481
00:23:07,240 --> 00:23:09,480
Speaker 16: the cost of health care and food for four of folks,

482
00:23:09,480 --> 00:23:11,800
Speaker 16: So that's basically the split.

483
00:23:11,840 --> 00:23:12,040
Speaker 9: Hire.

484
00:23:12,400 --> 00:23:14,679
Speaker 16: Trump already is calling for an early Senate vote on

485
00:23:14,720 --> 00:23:18,240
Speaker 16: his budget and says it would be disastrous if he loses,

486
00:23:18,280 --> 00:23:20,880
Speaker 16: so he's already turning up the pressure once again. Meantime,

487
00:23:21,119 --> 00:23:23,280
Speaker 16: one little provision that sort of snuck in Mike is

488
00:23:23,359 --> 00:23:25,600
Speaker 16: and how some publicans wanted to change the law that

489
00:23:25,720 --> 00:23:28,560
Speaker 16: gun owners now will not have to report it if

490
00:23:28,600 --> 00:23:31,320
Speaker 16: they buy silences for their weapons, because as we know,

491
00:23:31,480 --> 00:23:35,040
Speaker 16: the endless gun massacres in this country are so noisy.

492
00:23:35,280 --> 00:23:37,560
Speaker 2: Yeah, San Diego, what's the upload.

493
00:23:39,320 --> 00:23:42,360
Speaker 3: Yes, Well, we've just.

494
00:23:42,320 --> 00:23:45,360
Speaker 16: Had the initial numbers on the dead and injured from

495
00:23:45,359 --> 00:23:47,800
Speaker 16: this crash. It was a small business jet that went

496
00:23:47,880 --> 00:23:51,120
Speaker 16: down into a suburban area of San Diego. FIA Chief

497
00:23:51,240 --> 00:23:52,880
Speaker 16: Dan Eddie is saying we had eat.

498
00:23:52,720 --> 00:23:54,520
Speaker 5: Injuried and we had two fatalities as well.

499
00:23:54,520 --> 00:23:57,080
Speaker 4: We're currently out right now, so it injured two fatalities.

500
00:23:57,280 --> 00:23:59,080
Speaker 5: One of those injuries was transported.

501
00:23:59,320 --> 00:24:02,640
Speaker 16: It appears that those killed were on the jet. That's

502
00:24:02,800 --> 00:24:05,359
Speaker 16: not exactly confirmed us yet, they're still investigating. Some on

503
00:24:05,400 --> 00:24:09,480
Speaker 16: the ground also were among the injured. So this is

504
00:24:09,520 --> 00:24:12,640
Speaker 16: really a huge disaster scene. Some fifteen houses were set

505
00:24:12,640 --> 00:24:14,639
Speaker 16: on fire. There was a lot of jet fuel burning.

506
00:24:14,720 --> 00:24:16,840
Speaker 16: About one hundred people were evacuated in the middle of

507
00:24:16,880 --> 00:24:18,560
Speaker 16: the night. At the height of this thing, last word

508
00:24:18,600 --> 00:24:20,639
Speaker 16: from the pilot was this clockerby.

509
00:24:20,280 --> 00:24:21,640
Speaker 4: Traffic scitation triple to self.

510
00:24:21,680 --> 00:24:23,440
Speaker 10: This yere three miles chinal.

511
00:24:23,240 --> 00:24:27,159
Speaker 16: Twov so no indication than of any emergency at that

512
00:24:27,240 --> 00:24:29,920
Speaker 16: point that they knew about in the cabin. Meantime, this

513
00:24:29,960 --> 00:24:31,480
Speaker 16: occurred as they were coming in to land at a

514
00:24:31,520 --> 00:24:33,840
Speaker 16: small uncontrolled airport in the middle of the night. As

515
00:24:33,880 --> 00:24:36,720
Speaker 16: I say, thick fog as well. Not clear as yet

516
00:24:36,760 --> 00:24:39,360
Speaker 16: if there was any data voice recorder on the aircraft.

517
00:24:39,440 --> 00:24:42,240
Speaker 16: It was a citation two jet so dating for the

518
00:24:42,320 --> 00:24:44,960
Speaker 16: late seventies, so that was a point when these devices

519
00:24:45,000 --> 00:24:47,439
Speaker 16: weren't mandated. On the ground. Right now, they're doing more

520
00:24:47,480 --> 00:24:49,560
Speaker 16: searches to make sure everybody is out. This is a

521
00:24:49,560 --> 00:24:52,439
Speaker 16: place where a lot of military families live, says a

522
00:24:52,480 --> 00:24:53,160
Speaker 16: city councilor.

523
00:24:53,320 --> 00:24:55,840
Speaker 5: We know that there was many miracles and many heroic

524
00:24:56,400 --> 00:25:00,280
Speaker 5: actions from our police department, from our firefighters, and the

525
00:25:00,280 --> 00:25:03,760
Speaker 5: military members themselves. I've heard stories over at the school

526
00:25:03,880 --> 00:25:07,640
Speaker 5: just near us about military families helping military families out

527
00:25:07,640 --> 00:25:10,040
Speaker 5: of their home, jumping out of windows avoiding fire.

528
00:25:10,400 --> 00:25:12,440
Speaker 16: So quite a scene and amazing. There were not more

529
00:25:12,480 --> 00:25:15,280
Speaker 16: casualties made because everyone, of course would have been at home.

530
00:25:15,359 --> 00:25:18,240
Speaker 2: Yeah, exactly, all right, man't go well. Richard Arnold stateside

531
00:25:18,600 --> 00:25:20,800
Speaker 2: just quickly, so he got the big bill, through the

532
00:25:20,800 --> 00:25:23,800
Speaker 2: big beautiful bill. But a federal judge also has ordered

533
00:25:23,800 --> 00:25:26,160
Speaker 2: the administration to run state more than thirteen hundred US

534
00:25:26,200 --> 00:25:29,919
Speaker 2: Department of Education employees. Twenty one State sued him over that,

535
00:25:30,040 --> 00:25:34,399
Speaker 2: So that's a loss and big news. Today, Universal's epic

536
00:25:35,000 --> 00:25:38,320
Speaker 2: new theme park has opened. This is Comcast. This is

537
00:25:38,359 --> 00:25:42,200
Speaker 2: sort of TVV entertainment, sort of clashing. The world's coming together.

538
00:25:42,280 --> 00:25:44,720
Speaker 2: Epic Universe is what it's called. Sois major theme park

539
00:25:44,840 --> 00:25:47,720
Speaker 2: in the US that's opened in twenty years. It's in

540
00:25:47,840 --> 00:25:51,720
Speaker 2: Orlando and Florida. The most technologically advanced theme park ever.

541
00:25:52,440 --> 00:25:56,439
Speaker 2: Took six years to build seven point seven billion dollars.

542
00:25:56,600 --> 00:25:59,000
Speaker 2: It's you watch it on the telly, then you go

543
00:25:59,040 --> 00:26:02,480
Speaker 2: play with it. The park also goes the theory turn

544
00:26:02,520 --> 00:26:03,560
Speaker 2: Away from seven.

545
00:26:04,040 --> 00:26:07,480
Speaker 1: The Mike Hosking Breakfast with the Range, Rover Villa News

546
00:26:07,520 --> 00:26:08,800
Speaker 1: Talks Dad by.

547
00:26:08,480 --> 00:26:11,159
Speaker 2: Mike Carter taking ages to lift my own QIsab contributions

548
00:26:11,160 --> 00:26:13,119
Speaker 2: from three to ten percent. I encourage my kids to

549
00:26:13,160 --> 00:26:15,879
Speaker 2: contribute at ten percent from when they first started working.

550
00:26:15,920 --> 00:26:18,280
Speaker 2: They will never know the challenge of trying to lift

551
00:26:18,359 --> 00:26:21,680
Speaker 2: contributions and will be far better off. Maybe more job

552
00:26:21,760 --> 00:26:23,239
Speaker 2: Starter should try and do the same. It's a very

553
00:26:23,240 --> 00:26:25,520
Speaker 2: good point. It's the leak on new view of the

554
00:26:25,520 --> 00:26:27,639
Speaker 2: world in Singapore. I can't remember what their number was

555
00:26:27,680 --> 00:26:30,080
Speaker 2: all those years ago. Was it eight or eleven or whatever?

556
00:26:30,119 --> 00:26:32,160
Speaker 2: Anyone when we were a third WORL country. We can't

557
00:26:32,160 --> 00:26:34,280
Speaker 2: save and look at them now, Mike, I struggle to

558
00:26:34,359 --> 00:26:37,159
Speaker 2: understand why employers aren't required to make any payments to

559
00:26:37,200 --> 00:26:39,600
Speaker 2: qv Saver for staff at sixty five plus. I pay

560
00:26:39,680 --> 00:26:41,840
Speaker 2: ten percent of my salary. My employer pays nothing. Well,

561
00:26:41,880 --> 00:26:44,000
Speaker 2: that's because you're on Super. He's the obvious answer to

562
00:26:44,040 --> 00:26:46,919
Speaker 2: that question. Although that's the Nikola Willis argument. We are

563
00:26:47,000 --> 00:26:49,840
Speaker 2: going to have a have to have a conversation. At

564
00:26:49,840 --> 00:26:53,800
Speaker 2: twenty eight billion dollars for Super and the increasing number

565
00:26:53,840 --> 00:26:56,840
Speaker 2: of people sixty five plus who are still gainfully employed

566
00:26:56,880 --> 00:27:01,080
Speaker 2: and enjoying life, something's going to happen to Mike. Instead

567
00:27:01,080 --> 00:27:04,280
Speaker 2: of means test and Kiwi Saber contributions, they should have

568
00:27:04,280 --> 00:27:08,720
Speaker 2: paid full contribution to an age I e. Forty years,

569
00:27:08,760 --> 00:27:12,000
Speaker 2: get people into Kiwi Saber and the benefit of compound interest.

570
00:27:12,359 --> 00:27:15,440
Speaker 2: Everyone's got an idea. I've never been in Kiwi Saber.

571
00:27:15,600 --> 00:27:18,800
Speaker 2: I don't you know? You should sort yourself out? Is

572
00:27:18,800 --> 00:27:20,800
Speaker 2: my basic philosophy in life. If you want to say,

573
00:27:20,840 --> 00:27:24,040
Speaker 2: for a decent retirement, sort yourself out. Why are you're

574
00:27:24,040 --> 00:27:27,800
Speaker 2: relying on the government five minutes away from seven Because

575
00:27:27,800 --> 00:27:28,880
Speaker 2: as were said.

576
00:27:29,000 --> 00:27:33,040
Speaker 17: The ins and the outs, the fizz with business favor

577
00:27:33,200 --> 00:27:35,760
Speaker 17: take your business productivity to the next level.

578
00:27:35,800 --> 00:27:38,720
Speaker 2: Because, as our guest a couple of moments ago, Jonathan said,

579
00:27:39,119 --> 00:27:40,920
Speaker 2: the moment you rely on the government, they muck around

580
00:27:40,920 --> 00:27:43,400
Speaker 2: with it. Run your own life. You're not mucking around

581
00:27:43,400 --> 00:27:44,639
Speaker 2: with it. And if you are a no one to

582
00:27:44,640 --> 00:27:49,240
Speaker 2: blame but yourself. Us bond market, so they don't like

583
00:27:49,280 --> 00:27:53,119
Speaker 2: the big beautiful bill. The bond auction yesterday, demand was

584
00:27:53,160 --> 00:27:56,600
Speaker 2: at the lowest since February. Those who got in got

585
00:27:56,600 --> 00:27:58,480
Speaker 2: a higher yield. And this is this is the story

586
00:27:58,480 --> 00:28:02,600
Speaker 2: I'm trying to tell you. Watch this space. So poor

587
00:28:02,640 --> 00:28:07,200
Speaker 2: demand means that America is no longer seen the way

588
00:28:07,240 --> 00:28:10,360
Speaker 2: it used to be. It's increasingly seen as risky long

589
00:28:10,440 --> 00:28:14,360
Speaker 2: term treasuries fell even more yesterday. The yields, they've gone

590
00:28:14,440 --> 00:28:17,600
Speaker 2: up ten year, four point six one. Yesterday I was

591
00:28:17,600 --> 00:28:19,040
Speaker 2: talking to this four point five or something for the

592
00:28:19,119 --> 00:28:21,879
Speaker 2: four point six one thirty year above five, Well, anything

593
00:28:21,880 --> 00:28:24,679
Speaker 2: above five is a disaster for thirty years. It's now

594
00:28:24,680 --> 00:28:28,080
Speaker 2: at five point one four. The US dollars also going

595
00:28:28,119 --> 00:28:30,520
Speaker 2: the wrong way. The Big Beautiful Bill wouldd nearly four

596
00:28:30,600 --> 00:28:34,959
Speaker 2: trillion to America's thirty six trillion in debt. They already

597
00:28:34,960 --> 00:28:38,840
Speaker 2: spend sixteen percent of all their money sixteen percent of

598
00:28:38,880 --> 00:28:41,400
Speaker 2: all their money, or six hundred and eighty four billion

599
00:28:41,440 --> 00:28:44,400
Speaker 2: dollars just servicing the interest, six hundred and eighty four

600
00:28:44,480 --> 00:28:48,600
Speaker 2: billion dollars just servicing the interest on their ever growing debt.

601
00:28:48,880 --> 00:28:51,160
Speaker 2: And of course that debt becomes more expensive as the

602
00:28:51,280 --> 00:28:54,680
Speaker 2: yield goes up. See join those dots and the bond

603
00:28:54,680 --> 00:28:57,400
Speaker 2: markets are affecting everyday Americans because the mortgage rates are up.

604
00:28:57,840 --> 00:29:01,040
Speaker 2: Our average fixed rate now six to eighty six, and

605
00:29:01,080 --> 00:29:03,160
Speaker 2: that's only going to get worse. Some mortgages now third

606
00:29:03,200 --> 00:29:07,080
Speaker 2: a year, have gone through seven percent. Emerging markets are

607
00:29:07,120 --> 00:29:08,840
Speaker 2: said to be the next bull run. This is what

608
00:29:08,880 --> 00:29:11,560
Speaker 2: I'm reading yesterday from the Bank of America, the next

609
00:29:11,560 --> 00:29:15,320
Speaker 2: bull market, the weaker US dollars dollar, the US bond yield,

610
00:29:15,800 --> 00:29:20,120
Speaker 2: Chinese economic recovery. Nothing will work better than emerging market stocks.

611
00:29:20,120 --> 00:29:21,840
Speaker 2: This is what the Bank of America are saying. And

612
00:29:21,880 --> 00:29:24,320
Speaker 2: why are they saying that? Because there is a flight

613
00:29:24,520 --> 00:29:28,640
Speaker 2: to consistency, there is a flight to surety, there is

614
00:29:28,680 --> 00:29:33,200
Speaker 2: a flight to or away from nuttiness. That's where the

615
00:29:33,200 --> 00:29:36,800
Speaker 2: money goes. People don't like surprises and trumps. One big, fat,

616
00:29:36,880 --> 00:29:41,440
Speaker 2: massive surprise. Yesterday's budget I thought was overall pretty reasonable

617
00:29:41,560 --> 00:29:43,680
Speaker 2: given the constraints of what they were dealing with. Brad

618
00:29:43,680 --> 00:29:45,720
Speaker 2: Olsen to workers through a few of the numbers. In

619
00:29:45,760 --> 00:29:47,680
Speaker 2: the next half hour of the program, the Finance Minister

620
00:29:47,760 --> 00:29:50,880
Speaker 2: Nikola willis, she'll be answering a few questions that weren't

621
00:29:50,880 --> 00:29:53,560
Speaker 2: asked properly yesterday and after eight too, and Katie will

622
00:29:53,600 --> 00:29:56,400
Speaker 2: be the weak for us here on the My Costume Bricks.

623
00:29:58,760 --> 00:30:01,720
Speaker 1: The Breakfast Show, Ki Trust to Stay in the Know,

624
00:30:02,200 --> 00:30:07,040
Speaker 1: the mic hosting Breakfast with Veda, Retirement Communities, Life Your

625
00:30:07,080 --> 00:30:08,240
Speaker 1: Way News, togs Head b.

626
00:30:08,320 --> 00:30:10,560
Speaker 2: Twenty seven past seven. So Budget twenty five. The government,

627
00:30:10,560 --> 00:30:12,280
Speaker 2: it turned out, did have a lot of money, and

628
00:30:12,320 --> 00:30:14,040
Speaker 2: that came from savings, half of them from the pay

629
00:30:14,040 --> 00:30:16,360
Speaker 2: equity adjustments, the rest from adjustments to key we save

630
00:30:16,400 --> 00:30:19,200
Speaker 2: a best start and benefit cuts infometrics principle. Economist Brad

631
00:30:19,200 --> 00:30:20,680
Speaker 2: Olson's back with this, Bradley, good.

632
00:30:20,600 --> 00:30:22,440
Speaker 3: Morning, Good morning.

633
00:30:22,520 --> 00:30:25,640
Speaker 2: Do tell me this means testing thing that they're doing

634
00:30:25,640 --> 00:30:28,160
Speaker 2: in various ways, shapes and sizes. Whenever I've asked a

635
00:30:28,240 --> 00:30:31,200
Speaker 2: government previously why they don't do it for doctors and

636
00:30:31,280 --> 00:30:34,640
Speaker 2: kids and stuff like that, they've always said it's too hard.

637
00:30:34,800 --> 00:30:36,840
Speaker 2: Is it suddenly not too hard and we can mean

638
00:30:36,840 --> 00:30:37,480
Speaker 2: to test people?

639
00:30:38,840 --> 00:30:40,960
Speaker 10: Well, I think it's probably an element of there where

640
00:30:41,000 --> 00:30:44,760
Speaker 10: it now becomes politically expedient enough to do it. I mean,

641
00:30:44,800 --> 00:30:46,320
Speaker 10: you look at the lights of the changes to the

642
00:30:46,360 --> 00:30:49,520
Speaker 10: eighteen to nineteen year olds. If you can means test

643
00:30:49,920 --> 00:30:52,840
Speaker 10: that age group when they go to university, when they

644
00:30:52,960 --> 00:30:55,120
Speaker 10: try and get a student allowance and similar it shouldn't

645
00:30:55,120 --> 00:30:57,479
Speaker 10: be too much harder to do it for the unemployment benefit.

646
00:30:57,640 --> 00:31:00,800
Speaker 10: So there's part there. Was interesting though, looking through some

647
00:31:00,840 --> 00:31:03,640
Speaker 10: of the budget documents that the government is also expecting

648
00:31:03,680 --> 00:31:08,320
Speaker 10: further savings over time from having better data. Thinking between

649
00:31:08,360 --> 00:31:11,760
Speaker 10: the likes of MSD and IID two effectively do that

650
00:31:11,800 --> 00:31:14,120
Speaker 10: means setting much more efficiently. So I do think that

651
00:31:14,200 --> 00:31:16,400
Speaker 10: over time, as the government is getting better and better

652
00:31:16,440 --> 00:31:18,760
Speaker 10: with its data, it's able to better and better do

653
00:31:19,160 --> 00:31:21,800
Speaker 10: that means sesting without all of these big inefficiencies that

654
00:31:21,880 --> 00:31:24,160
Speaker 10: might have previously been there. So a little bit of

655
00:31:24,160 --> 00:31:26,600
Speaker 10: an advancement over time, a little bit of a political

656
00:31:26,640 --> 00:31:27,440
Speaker 10: shift as well.

657
00:31:27,480 --> 00:31:30,680
Speaker 2: I think the deficit surplus by twenty nine and how

658
00:31:30,720 --> 00:31:33,600
Speaker 2: you measure it, which way do you favor measuring And

659
00:31:33,720 --> 00:31:35,720
Speaker 2: are the government cooking the books?

660
00:31:36,760 --> 00:31:38,440
Speaker 10: No, they're not cooking the books so that you can

661
00:31:38,480 --> 00:31:41,440
Speaker 10: definitely come up with the various measures regardless of how

662
00:31:41,480 --> 00:31:44,240
Speaker 10: you do it. The government is on track for a surplus,

663
00:31:44,280 --> 00:31:46,200
Speaker 10: but it's going to be pretty touch and go, and

664
00:31:46,240 --> 00:31:48,880
Speaker 10: I think that highlights the storialities right that we are

665
00:31:49,200 --> 00:31:52,040
Speaker 10: still for a while going to be living beyond our means.

666
00:31:52,040 --> 00:31:55,400
Speaker 10: The government is still seeing expenses that are above thirty

667
00:31:55,400 --> 00:31:58,320
Speaker 10: one percent of GDP all the way out until twenty

668
00:31:58,320 --> 00:32:00,920
Speaker 10: twenty nine. So look at it on the overgal measure,

669
00:32:01,000 --> 00:32:03,719
Speaker 10: look at it on the overgal x measure. They're all

670
00:32:03,760 --> 00:32:06,640
Speaker 10: trending towards the same point. But I think it does

671
00:32:06,720 --> 00:32:09,680
Speaker 10: highlight to look for the government, this is now you know,

672
00:32:09,760 --> 00:32:11,760
Speaker 10: I think probably the third maybe fourth year in a row,

673
00:32:11,800 --> 00:32:14,640
Speaker 10: that that budget gets a whole lot harder to return

674
00:32:14,680 --> 00:32:17,800
Speaker 10: to surplus. So long story short, for every budget into

675
00:32:17,840 --> 00:32:19,840
Speaker 10: the future, for the next couple, they will do the

676
00:32:19,880 --> 00:32:22,320
Speaker 10: exact same thing. It will probably get harder to achieve

677
00:32:22,360 --> 00:32:24,680
Speaker 10: that target. Something will have to give, and that means

678
00:32:24,680 --> 00:32:27,320
Speaker 10: probably less spending or something else coming along the way.

679
00:32:27,600 --> 00:32:30,680
Speaker 2: The debt to GDP. Does that worry you?

680
00:32:32,840 --> 00:32:35,480
Speaker 10: I think it's concerning to see it remaining so high

681
00:32:35,520 --> 00:32:38,520
Speaker 10: for so long. I can understand that it's difficult to

682
00:32:38,560 --> 00:32:42,160
Speaker 10: get that down without making some incredibly much deeper cuts

683
00:32:42,200 --> 00:32:45,520
Speaker 10: than we've already seen. But and this is a debate

684
00:32:45,760 --> 00:32:48,000
Speaker 10: that's been playing out, i think this week between the

685
00:32:48,320 --> 00:32:51,719
Speaker 10: government and the opposition around debt levels. If something hits tomorrow,

686
00:32:51,800 --> 00:32:54,000
Speaker 10: if you have the Alpine fault that goes, if you

687
00:32:54,080 --> 00:32:57,040
Speaker 10: have another major weather event and similar that's where the

688
00:32:57,080 --> 00:32:59,600
Speaker 10: debt room is important because it helps us get through

689
00:33:00,000 --> 00:33:03,440
Speaker 10: Trresury recently estimated that after a big economic shop, we

690
00:33:03,520 --> 00:33:07,120
Speaker 10: spend something like ten percent of GDP on that recovery.

691
00:33:07,200 --> 00:33:09,400
Speaker 10: We've got to have that buffer head room. So as

692
00:33:09,480 --> 00:33:12,080
Speaker 10: much as it is important that we invest in the future,

693
00:33:12,280 --> 00:33:15,120
Speaker 10: and let's get that right. Particular infrastructure, we've got to

694
00:33:15,120 --> 00:33:16,240
Speaker 10: have a bit of buffer.

695
00:33:15,960 --> 00:33:18,280
Speaker 2: Too, okay, Brad good and so I appreciate it as

696
00:33:18,280 --> 00:33:21,160
Speaker 2: always brand of alson infometric principal economist. Where there's ten

697
00:33:21,160 --> 00:33:23,920
Speaker 2: minutes past seven. My favorite bit of you can apply

698
00:33:23,960 --> 00:33:25,840
Speaker 2: that phrase to a budget is there's two hundred million

699
00:33:25,840 --> 00:33:28,600
Speaker 2: dollars in due exploration for gas. It's basically a skin

700
00:33:28,680 --> 00:33:30,600
Speaker 2: in the game fund. It sends a message to the

701
00:33:30,640 --> 00:33:33,040
Speaker 2: industry the government is serious about getting back into this business.

702
00:33:33,120 --> 00:33:36,480
Speaker 2: The energy resources out here are Chief Executive John Carnegie's

703
00:33:36,480 --> 00:33:39,040
Speaker 2: back with us. John morning, Yeah, good morning mine. This

704
00:33:39,160 --> 00:33:41,800
Speaker 2: is reputational for the country and the government does it

705
00:33:41,880 --> 00:33:43,800
Speaker 2: work well?

706
00:33:44,200 --> 00:33:46,520
Speaker 9: Look, we think it well. I mean it's important to

707
00:33:48,520 --> 00:33:50,840
Speaker 9: put it under perspective, of course, because over the last

708
00:33:50,880 --> 00:33:53,040
Speaker 9: seven years all of the policy signals for the sector

709
00:33:53,040 --> 00:33:57,320
Speaker 9: have been unremittingly negative. So this end of changes the

710
00:33:57,400 --> 00:33:59,360
Speaker 9: government's now looking to make in the bill which is

711
00:33:59,360 --> 00:34:03,200
Speaker 9: in Parliament at the moment, will tilt the economic signals

712
00:34:03,240 --> 00:34:07,760
Speaker 9: back towards neutral and in doing so, tilt investment confidence

713
00:34:07,800 --> 00:34:08,880
Speaker 9: back towards investing.

714
00:34:09,040 --> 00:34:11,000
Speaker 11: So is it a positive signal yet?

715
00:34:11,120 --> 00:34:13,759
Speaker 2: Absolutely not a ten or fifteen percent, Is it enough?

716
00:34:13,840 --> 00:34:15,399
Speaker 2: I mean, if I'm coming to the country and I've

717
00:34:15,440 --> 00:34:17,120
Speaker 2: got the government coming in at that level, am I

718
00:34:17,160 --> 00:34:19,239
Speaker 2: thinking good on them? Or am I still taking a

719
00:34:19,360 --> 00:34:20,000
Speaker 2: very big risk?

720
00:34:20,680 --> 00:34:20,919
Speaker 10: Oh?

721
00:34:20,960 --> 00:34:25,280
Speaker 9: Look again, it's important to put it into perspective. It

722
00:34:25,760 --> 00:34:28,520
Speaker 9: the number would set around about twenty percent of the

723
00:34:28,520 --> 00:34:32,279
Speaker 9: capital invested in the sector over the past few years,

724
00:34:32,320 --> 00:34:36,320
Speaker 9: so it's not insignificant. And these projects do require huge

725
00:34:36,360 --> 00:34:39,920
Speaker 9: amounts of capital, so even a little government participation can

726
00:34:39,960 --> 00:34:43,759
Speaker 9: help de risk and catalyze investment. And it's also I

727
00:34:43,800 --> 00:34:47,040
Speaker 9: think important to think about the upside because of course,

728
00:34:47,560 --> 00:34:52,120
Speaker 9: while it may be as much about signaling government's intent

729
00:34:52,239 --> 00:34:56,560
Speaker 9: to partner with the industry, it could also prove to

730
00:34:56,560 --> 00:34:59,719
Speaker 9: be incredibly lucrative for the ground, especially if it's successful

731
00:35:00,360 --> 00:35:04,120
Speaker 9: and you know, the industry starts paying more royalties text

732
00:35:04,160 --> 00:35:06,080
Speaker 9: and the wider economic benefits of such.

733
00:35:06,200 --> 00:35:08,239
Speaker 2: Exactly flip side of that, and the Greens will be

734
00:35:08,280 --> 00:35:10,359
Speaker 2: all over it. If you find nothing, though, and that's

735
00:35:10,520 --> 00:35:12,280
Speaker 2: that's government money down the drain.

736
00:35:14,200 --> 00:35:19,000
Speaker 9: Well, you know, I think as you will recognize that

737
00:35:20,000 --> 00:35:24,200
Speaker 9: finding our energy system lurching from crisis to crisis that

738
00:35:24,280 --> 00:35:27,160
Speaker 9: we've been doing since twenty eighteen so look, you know,

739
00:35:28,280 --> 00:35:31,000
Speaker 9: people can call it what they want. We call it

740
00:35:31,000 --> 00:35:33,400
Speaker 9: an investment and now economic an energy future.

741
00:35:34,080 --> 00:35:37,520
Speaker 2: Good all right, John, appreciate it, John Carnegie, Energy Resources

742
00:35:37,520 --> 00:35:42,240
Speaker 2: with us this morning, thirteen minutes past seven. Rents national

743
00:35:42,280 --> 00:35:45,160
Speaker 2: medians falling for the second month in a row. Starts

744
00:35:45,160 --> 00:35:47,399
Speaker 2: out this morning zero point appresent drop in March, another

745
00:35:47,440 --> 00:35:49,920
Speaker 2: one in April. Overall, year on year, that's a decrease

746
00:35:49,920 --> 00:35:53,040
Speaker 2: of three point one percent. So your medium price around

747
00:35:53,040 --> 00:35:55,080
Speaker 2: the country is five hundred and sixty dollars, which is

748
00:35:55,120 --> 00:35:57,160
Speaker 2: twenty dollars less and it was so in other words,

749
00:35:57,239 --> 00:35:59,840
Speaker 2: is more affordable to rent these days? Noisy numbers for

750
00:35:59,880 --> 00:36:01,800
Speaker 2: a month on month, but I'll give them to you anyway.

751
00:36:02,040 --> 00:36:04,080
Speaker 2: On the upside, you've got Taranaki. It's up one point

752
00:36:04,080 --> 00:36:08,479
Speaker 2: seven northan one point seven. On the downside, big drop

753
00:36:08,480 --> 00:36:11,680
Speaker 2: in Otigo, four point eight, minus one point five in Auckland,

754
00:36:11,680 --> 00:36:13,279
Speaker 2: and minus two point nine to the Bay of Plenty.

755
00:36:13,320 --> 00:36:15,239
Speaker 2: I don't know about you, but we've been discovering lately,

756
00:36:16,440 --> 00:36:21,479
Speaker 2: Mike Hosking Incorporated, that the ird are big on this

757
00:36:20,920 --> 00:36:27,200
Speaker 2: this this relationship between maintenance and so called improvements on

758
00:36:27,239 --> 00:36:30,200
Speaker 2: a rental property. If you're a landlord. They are cracking

759
00:36:30,239 --> 00:36:33,400
Speaker 2: down big time on that. And even if you're a

760
00:36:33,440 --> 00:36:36,080
Speaker 2: straight up and down player like I am, as honest

761
00:36:36,080 --> 00:36:39,400
Speaker 2: as the day is long and deeply conservative for a

762
00:36:39,440 --> 00:36:41,600
Speaker 2: variety of reasons, not least of which is the last

763
00:36:41,600 --> 00:36:43,560
Speaker 2: thing I need as a red flag next to my name.

764
00:36:44,480 --> 00:36:46,839
Speaker 2: Even when you're as honest as the day is long,

765
00:36:46,920 --> 00:36:49,880
Speaker 2: there's still someone's given them the word to have a

766
00:36:49,920 --> 00:36:53,359
Speaker 2: good hard look at depreciation and what things are writing off.

767
00:36:53,400 --> 00:36:55,040
Speaker 2: So the only reason I raise that, because you don't

768
00:36:55,040 --> 00:36:56,640
Speaker 2: give the monkeys about what I do in my life,

769
00:36:56,760 --> 00:36:59,680
Speaker 2: is that is the twenty percent yesterday? Are we all

770
00:36:59,680 --> 00:37:02,120
Speaker 2: going out and buying stuff now? And if we all

771
00:37:02,160 --> 00:37:04,759
Speaker 2: go out and buy an ATV like I could go

772
00:37:04,800 --> 00:37:07,960
Speaker 2: buy an ATV tomorrow for my six hectears of land,

773
00:37:08,040 --> 00:37:10,080
Speaker 2: it doesn't have anything to do with business. But am

774
00:37:10,120 --> 00:37:11,880
Speaker 2: I now writing that off at twenty percent? And that

775
00:37:12,280 --> 00:37:14,120
Speaker 2: is that somehow good for business, good for the economy.

776
00:37:14,120 --> 00:37:16,040
Speaker 2: We'll talk to Nicoler about that. Fourteen past.

777
00:37:17,320 --> 00:37:21,760
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

778
00:37:21,760 --> 00:37:23,640
Speaker 1: by News Talks at b OH.

779
00:37:23,719 --> 00:37:26,560
Speaker 2: Mike, isn't it interesting that interest deductibility has come back

780
00:37:26,640 --> 00:37:29,480
Speaker 2: and rents a down. Surprise, surprise, you stop bashing landlords,

781
00:37:29,520 --> 00:37:31,840
Speaker 2: take away the punitive taxes and there's less pressure to

782
00:37:31,840 --> 00:37:34,720
Speaker 2: increase rent. What a very good point. Seventeen past seven,

783
00:37:35,080 --> 00:37:36,960
Speaker 2: Part two of the Aukland FC this weekend as they

784
00:37:36,960 --> 00:37:39,040
Speaker 2: take on Melbourne second leg of course of the playoffs.

785
00:37:39,080 --> 00:37:41,120
Speaker 2: One Neil last week home ground this week sold out

786
00:37:41,160 --> 00:37:43,160
Speaker 2: of course. Aukland de f C boss Nick Beck is

787
00:37:43,160 --> 00:37:43,640
Speaker 2: back with us.

788
00:37:43,719 --> 00:37:43,959
Speaker 3: Nick.

789
00:37:44,080 --> 00:37:47,480
Speaker 2: Morning to you, morning Mike. How are you well? Thank you?

790
00:37:48,120 --> 00:37:51,480
Speaker 2: If you win this weekend? Will you be as hungover

791
00:37:51,600 --> 00:37:54,279
Speaker 2: as if I talk to you next week as you

792
00:37:54,320 --> 00:37:55,240
Speaker 2: were last time?

793
00:37:56,000 --> 00:37:58,319
Speaker 11: No? Well, listen, if we win, that's a very good question.

794
00:37:58,360 --> 00:38:01,239
Speaker 11: I appreciate it. But if we go through it, I

795
00:38:01,239 --> 00:38:03,560
Speaker 11: certainly hope we do. This Saturday, it's going to be

796
00:38:03,560 --> 00:38:05,160
Speaker 11: a massive week for the club as we'll lead into

797
00:38:05,200 --> 00:38:07,600
Speaker 11: our first ever home ground final. So that's the plan.

798
00:38:07,680 --> 00:38:09,960
Speaker 11: I think I'll behave myself. But if you asked me

799
00:38:10,040 --> 00:38:13,920
Speaker 11: that question in two weeks time, it could be could.

800
00:38:13,719 --> 00:38:16,439
Speaker 2: Be a whole different story. The who do you play?

801
00:38:16,480 --> 00:38:16,719
Speaker 3: Are you?

802
00:38:16,840 --> 00:38:19,080
Speaker 2: Are you ahead to the final and winning the whole

803
00:38:19,080 --> 00:38:20,920
Speaker 2: thing yet or are we just taking this weekend?

804
00:38:21,719 --> 00:38:23,719
Speaker 11: No, we're definitely not getting ahead of ourselves and that's

805
00:38:23,719 --> 00:38:26,680
Speaker 11: that's definitely been a big message from from everyone from

806
00:38:26,719 --> 00:38:29,240
Speaker 11: Bill right down to you know, like sort of Steve

807
00:38:29,400 --> 00:38:31,920
Speaker 11: and the coaching staff have said to the boys a

808
00:38:31,920 --> 00:38:34,279
Speaker 11: few times this week. We've set them down and said, look,

809
00:38:34,600 --> 00:38:36,640
Speaker 11: you know, we we're on that. We've had a fantastic season.

810
00:38:36,680 --> 00:38:38,799
Speaker 11: It's been an amazing journey so far, but nobody wants

811
00:38:38,800 --> 00:38:41,200
Speaker 11: it to end. And if we start thinking about a

812
00:38:41,200 --> 00:38:43,480
Speaker 11: Grand Final, we can slip up. And it's all about

813
00:38:43,520 --> 00:38:46,239
Speaker 11: having that focus and concentration. And to be honest, if

814
00:38:46,239 --> 00:38:49,000
Speaker 11: I think if they play like they did last Saturday,

815
00:38:49,040 --> 00:38:53,320
Speaker 11: where they were just hungrier, they wanted it more immense

816
00:38:53,400 --> 00:38:56,080
Speaker 11: and defense, and then you know, to get a one

817
00:38:56,160 --> 00:38:58,160
Speaker 11: mill away is exactly the position you want to be

818
00:38:58,160 --> 00:38:59,280
Speaker 11: coming to a home seer.

819
00:38:59,080 --> 00:39:02,680
Speaker 2: Final, exactly. The bottom line affect crowd aside, homeground advantage

820
00:39:02,680 --> 00:39:06,040
Speaker 2: aside the bottom line effect. Having extra games at home

821
00:39:06,160 --> 00:39:07,800
Speaker 2: must be good for business.

822
00:39:08,600 --> 00:39:11,080
Speaker 11: You would think so much, but unfortunately, the way that

823
00:39:11,120 --> 00:39:13,040
Speaker 11: the structure of the A LEA goes is the majority

824
00:39:13,040 --> 00:39:16,200
Speaker 11: of that particuling money goes off to the A League

825
00:39:16,239 --> 00:39:19,440
Speaker 11: to API who run it. So although there are a

826
00:39:19,480 --> 00:39:21,719
Speaker 11: few advantages for it and certainly it helps out our

827
00:39:21,719 --> 00:39:24,680
Speaker 11: retail sales. The structure of the camp at the moment

828
00:39:24,719 --> 00:39:26,640
Speaker 11: as it is, and I mean it's probably down to

829
00:39:26,680 --> 00:39:28,680
Speaker 11: fact it's only a young competition where it's only twenty

830
00:39:28,760 --> 00:39:31,040
Speaker 11: years old. But they come in and do a smash

831
00:39:31,040 --> 00:39:33,760
Speaker 11: and grab and take our final, our final ticketing money.

832
00:39:33,800 --> 00:39:36,400
Speaker 11: So it's not as lucrative as you'd hope it to be.

833
00:39:36,520 --> 00:39:37,520
Speaker 2: You need to rearrange that.

834
00:39:38,680 --> 00:39:41,200
Speaker 11: I do agree, and we're going to plan. That is

835
00:39:41,239 --> 00:39:43,440
Speaker 11: on high on the list of things to do.

836
00:39:44,200 --> 00:39:45,640
Speaker 2: And that well, that was the other thing. I didn't

837
00:39:45,680 --> 00:39:47,840
Speaker 2: realize that away goal thing had gone years ago and

838
00:39:47,840 --> 00:39:49,719
Speaker 2: all sorts of competitions around the world. Why did that go?

839
00:39:49,760 --> 00:39:50,600
Speaker 2: And is that good or not?

840
00:39:52,080 --> 00:39:55,000
Speaker 11: I think goals should be treated as a le goal.

841
00:39:55,239 --> 00:39:57,600
Speaker 11: I think the goals goals, you don't like it to

842
00:39:57,680 --> 00:40:00,120
Speaker 11: be partners with a double goal from away thing. It

843
00:40:00,120 --> 00:40:01,480
Speaker 11: could have been an own goal, could have been a

844
00:40:01,560 --> 00:40:03,360
Speaker 11: terrible goal, you know, it sort of could have been

845
00:40:03,560 --> 00:40:06,160
Speaker 11: a referring era of var era, you know. So I

846
00:40:06,160 --> 00:40:08,120
Speaker 11: think the fair eye is to have a goal as

847
00:40:08,120 --> 00:40:10,279
Speaker 11: a goal and you win it in the time or

848
00:40:10,320 --> 00:40:12,000
Speaker 11: it goes into extra time and it goes down to

849
00:40:12,480 --> 00:40:14,080
Speaker 11: the penalties. If it's all locked up.

850
00:40:14,360 --> 00:40:17,040
Speaker 2: After that, okay, well, good luck this weekend. Most of

851
00:40:17,040 --> 00:40:18,440
Speaker 2: the nations behind you as far as I can work

852
00:40:18,440 --> 00:40:20,239
Speaker 2: out in Nick Becker, who's the boss of Auckland FC.

853
00:40:20,560 --> 00:40:22,040
Speaker 2: A lot of this coming in this morning, Mike, can

854
00:40:22,080 --> 00:40:24,360
Speaker 2: you please ask Nickeola the real question with pay equity?

855
00:40:24,760 --> 00:40:26,520
Speaker 2: Do you believe a social worker should get paid the

856
00:40:26,520 --> 00:40:28,880
Speaker 2: same as near traffic controller. I won't be asking that

857
00:40:29,520 --> 00:40:31,879
Speaker 2: because she's already answered it many times over, but there

858
00:40:31,920 --> 00:40:34,879
Speaker 2: is the debate, and it's an intense debate because it's

859
00:40:34,880 --> 00:40:38,600
Speaker 2: represented by this Mike. It's the reverse Robin Hood budget

860
00:40:38,600 --> 00:40:41,439
Speaker 2: completely saved. Eighty percent of the savings come from ripping

861
00:40:41,480 --> 00:40:43,319
Speaker 2: off the lowest paid worker. Well that's not true. It's half.

862
00:40:43,360 --> 00:40:45,080
Speaker 2: It's not eighty percent as half, and this is part

863
00:40:45,080 --> 00:40:47,160
Speaker 2: of the problem. People get all their facts wrong. So

864
00:40:47,320 --> 00:40:49,759
Speaker 2: fifty percent from doing some of the hardest work with

865
00:40:49,880 --> 00:40:52,600
Speaker 2: the most vulnerable in our society, and yet there's still

866
00:40:52,640 --> 00:40:55,719
Speaker 2: money for millions more for private schools. So you've got

867
00:40:55,719 --> 00:40:58,680
Speaker 2: a really angsty sort of debate, and we'll come back

868
00:40:58,719 --> 00:41:01,320
Speaker 2: to that after seven to thirty this morning, seven twenty.

869
00:41:02,840 --> 00:41:07,560
Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio Power

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Speaker 1: by Newstalksippy.

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Speaker 2: So let's face it, way we do businesses moved on

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Speaker 2: Taking your business productivity to the next level, gets your

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Speaker 2: business running on the business fibers. Five Day, seven twenty four.

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Speaker 2: Time now to mark the week. Little piece of news

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Speaker 2: and current offense. It's as popular as Peter's stand off

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Speaker 2: on a Wellington railway platform. A New Zealand inc. Seven.

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Speaker 2: All in all a pretty good week. I mean the

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Speaker 2: export receipts, the trade balance, the Kiwi fruit numbers. There's

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Speaker 2: still a decent chunk of the joint operating pretty well,

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Speaker 2: if not brilliantly. Are the Greens budget one? They shouldn't

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Speaker 2: need to be allowed near a calculator. When nurses get

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Speaker 2: pay cuts because of their tax regime, you know you're

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Speaker 2: dealing with nutters. Are the real budget? Seven? In totality,

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Speaker 2: she did quite a lot with next to nothing. And

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Speaker 2: the intent and messaging I hope, gave hope and boy

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Speaker 2: do we need hope? Oh and also a surplus? Are

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Speaker 2: the privileges debate six?

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Speaker 3: Now?

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Speaker 2: Because at last the committee came to the party on

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Speaker 2: rule breaking and at least tempted to write the egregious

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Speaker 2: mess The place has become Chris Bishop seven out of

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Speaker 2: nowhere on the ensuing debate genius are the Warriors eight?

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Speaker 12: Can't do work?

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Speaker 11: Yeah?

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Speaker 2: They just keep on winning and at home against the

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Speaker 2: Raider is what a lipsmacker this weekend when we beat

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Speaker 2: the Raiders, we're going to be top of the table,

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Speaker 2: literally top of the table coalition in Australia. One. I

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Speaker 2: mean you can't overstate how big this is set up

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Speaker 2: in the twenties for goodness sake, and to watch it

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Speaker 2: all fall apart the way it did this week in

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Speaker 2: one day, that was major. It was a big day

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Speaker 2: in Australian political history. More from Murray later, not to

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Speaker 2: mention the effect the labor would clearly produced across the

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Speaker 2: political spectrum. Now the Golden Dome. Six, we will have

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Speaker 2: the best system ever? Is it even real? I mean,

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Speaker 2: can you build the Dome in three years? And if

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Speaker 2: you can, how come we can't build a road in

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Speaker 2: that time? Are the US credit down grade? Three? This

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Speaker 2: is the I mean, this too might be historic if

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Speaker 2: the fundamental shift away from America and the belief in

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Speaker 2: it is real. And it seems to me run it straight. Five.

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Speaker 2: I mean I'm nonplus it seems a bit idiotic, But

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Speaker 2: then so does Love Island, the Sun, the Cross too,

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Speaker 2: a couple of whining locals, and the Council's suddenly got

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Speaker 2: money in time for a survey, I mean, get real

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Speaker 2: the FMA one a twenty one day workers survey questionnaire,

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Speaker 2: day after day after day after day after day, Get real,

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Speaker 2: Ardie Savi and nine. Imagine if he played for the Warriors,

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Speaker 2: Smith and Coey's two. That is what Arrogan's and competence,

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Speaker 2: blind ideology and lack of vision does for a city

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Speaker 2: Auckland Council Radio ratings, Radio ratings eight. It would appear

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Speaker 2: results release yesterday indicate this particular program might have got

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Speaker 2: a few numbers that made people go, can that guy

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Speaker 2: get any bigger and better? Or words to that effect.

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Speaker 2: That's the week copies of the website and if you

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Speaker 2: look closely at this week's pecuniary interest list, one MP

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Speaker 2: declared they had been gifted four hundred of these, asking right,

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Speaker 2: Sir Nichola Willison. The next half hour of the program

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Speaker 2: got a little bit correspondence on Smith and Keey closing down. Actually,

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Speaker 2: and it's not all interestingly enough, they would argue, and

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Speaker 2: these people are experts in the field, it's not all

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Speaker 2: the council's fault. It might be sitting just quietly there

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Speaker 2: on the doorstep of Psmith and Coe. But I'll come

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Speaker 2: back to all of that in the next half hour

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Speaker 2: of the program. Tim and Katy for you after Rake

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Speaker 2: this Friday morning on the Mike Hosking rest.

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Speaker 1: Your source of breaking news, challenging opinion and honored facts.

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Speaker 1: The Mike Hosking Breakfast with the range Rover Villa designed

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Speaker 1: to intrigue and use togs Head be.

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Speaker 2: Katy Afterday twenty three to eight. So the Finnounce Minister

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Speaker 2: found a shedloaded dave from savings and spread it about

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Speaker 2: the place. A lot of it is pre announced. The

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Speaker 2: course essorsors these days areas like health and defense we

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Speaker 2: already knew about. We don't have a surplus though for years,

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Speaker 2: and we are borrowing yet more money. The Finance Minister,

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Speaker 2: Nichola Willis is with us, a very good morning to you.

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Speaker 8: Good morning mate.

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Speaker 2: The surplus that you are promising by twenty twenty nine

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Speaker 2: under your dodgy measurement process, what if you're wrong? That

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Speaker 2: will be two terms of a national government that couldn't

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Speaker 2: deliver a single surplus? Is that a government that knows

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Speaker 2: how to run an economy.

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Speaker 8: Well, it's really important to me that we do get

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Speaker 8: the books back in balance and back in surplus, and

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Speaker 8: that's our fiscal strategy. And what we've shown is despite

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Speaker 8: everything that's been happening internationally and the downgraded forecasts that

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Speaker 8: have resulted from that, we're still on track to get

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Speaker 8: that surplus. So I don't take economic recovery for granted.

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Speaker 8: That's why in this budget we've put that focus on

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Speaker 8: the investment boost policy to encourage businesses to keep investing.

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Speaker 8: That's why we're making a number of reforms for growth

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Speaker 8: because ultimately, the biggest risk to surplus is if our

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Speaker 8: economy slows down, and so that's why we're really on

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Speaker 8: the side of driving activity in this economy.

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Speaker 2: The means testing stuff. I've asked many people over the

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Speaker 2: years around doctors and why you're subsidizing my kids to

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Speaker 2: go to a doctor, No idea. I don't need your help.

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Speaker 2: You've always explained that it's too difficult to means test.

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Speaker 2: How come suddenly we can means test lots of stuff

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Speaker 2: and that's apparently doable.

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Speaker 8: Well, I do support means testing.

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Speaker 2: I do too, but you've explained previously you can't.

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Speaker 8: Do it well in some cases, in some particular areas,

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Speaker 8: it may be challenging. But in the couple of areas

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Speaker 8: that we've chosen in this budget, it's very straightforward. With

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Speaker 8: Key we Saver, we're simply not putting the government contribution,

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Speaker 8: the government subsidy in for those earning one hundred and

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Speaker 8: eighty thousand dollars or more. That's pretty simple to do

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Speaker 8: via ID. And with the Best Start Payment, which is

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Speaker 8: a payment for people who have babies, we're just lining

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Speaker 8: that up with what the regime already is for year

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Speaker 8: two and three. There's always been means testing there, it's

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Speaker 8: just been only for the year two and three of

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Speaker 8: the payment, and we're are liigning it a new one.

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Speaker 8: So those are simple changes. Collectively, they save hundreds of

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Speaker 8: millions of dollars. I think everyone just needs to remember

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Speaker 8: right now than anything the government's doing like that, we

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Speaker 8: are borrowing to do it, and that cannot go on forever.

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Speaker 8: We have to make savings if we want to invest

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Speaker 8: in the things that we.

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Speaker 2: All under your it is, and that's that's part of

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Speaker 2: the problem. That forty six percent debt to GDP, that's

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Speaker 2: that's ruinous. We don't have enough room to move should

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Speaker 2: should something go wrong?

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Speaker 8: Yeah, Well, what the projections show is that debt is

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Speaker 8: peaking a little bit lower than was being predicted a

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Speaker 8: few months ago at the half year update before Christmas,

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Speaker 8: but and then it is starting to come down in

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Speaker 8: the final year of our forecasts. We want to see

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Speaker 8: debt coming back down to forty percent of GDP because

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Speaker 8: we need a bit more of a buffer for a

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Speaker 8: rainy day than box refrish GDP.

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Speaker 2: Where it wasn't that long ago when Stephen Joyce lift off.

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Speaker 2: It was nineteen that's right.

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Speaker 8: And even after the GFC and the christ chich earthquake,

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Speaker 8: the highest debt got was twenty five percent. So I

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Speaker 8: think we just have to try that context. How much, Well,

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Speaker 8: because I got left with an absolute debt mountain by

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Speaker 8: the last loot. That's the reality of what's happened to here.

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Speaker 8: Not only did they leave an absolute debt mountain, more

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Speaker 8: than a hundred billion dollars more of debt with very

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Speaker 8: little to show for it, they left a structural deficit

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Speaker 8: in the box, which is they were structurally spending a

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Speaker 8: lot more than we were earning, and we're now having

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Speaker 8: to pair that back and correct it, and it's pretty

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Speaker 8: hard work, but we can do it, and we've put

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Speaker 8: out a plan that shows that we'll get there.

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Speaker 2: Were you tempted to go harder?

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Speaker 8: Well, I was always of the view that we should

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Speaker 8: look for as many savings as we could reasonably deliver,

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Speaker 8: because when you're borrowing to pay for the groceries, you

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Speaker 8: owe it. I think to New Zealanders to say, have

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Speaker 8: I really tested whether we're getting value for money for everything?

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Speaker 8: And there were some big calls in this budget. No

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Speaker 8: one's saying it's easy, but I think where we've got

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Speaker 8: to is the right balance, because for me it is

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Speaker 8: important we keep investing in education, we keep investing in

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Speaker 8: how those things matter to people, and they ultimately making

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Speaker 8: a difference to the Acommy.

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Speaker 2: Do you don't give me your normal answer, which is

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Speaker 2: this is what I've been told by Treasury. Do you

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Speaker 2: believe the growth forecasts of an average of two point

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Speaker 2: nine over the next four years?

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Speaker 10: I do.

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Speaker 8: I look at our exporters and are well they are

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Speaker 8: doing right now? I can see that continuing. I have

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Speaker 8: the benefit of visiting really cool businesses across the country

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Speaker 8: and seeing their prospects for the future, and I look

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Speaker 8: at New Zealand compared to lots of other countries in

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Speaker 8: the world. Right now, we're safe, we're secure, we've got

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Speaker 8: great farmers, we've got lots of trading relationships. There's every

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Speaker 8: reason we can succeed over these next few years. But

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Speaker 8: we do need a government that's on the side of business,

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Speaker 8: and we absolutely are.

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Speaker 2: Are we structurally limited? Do you think at about see

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Speaker 2: two point ninety three is about what we do in

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Speaker 2: the good days, if we can manage that over the

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Speaker 2: next four years, that this is an export lead recovery,

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Speaker 2: all of that's great news. Are we structurally limited to

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Speaker 2: doing anything better than that without sort of soaking inflation?

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Speaker 3: Yeah?

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Speaker 8: Well, look what Treasury says that we do come up

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Speaker 8: against productivity constraints when growth gets a bit higher than that,

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Speaker 8: And that's why we're doing this investment boost policy. That's

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Speaker 8: about acknowledging that one of the things that's held us

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Speaker 8: back traditionally is we've got low rates of capital intensive.

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Speaker 8: That is, our firms don't have as good a machinery

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Speaker 8: and technology as their international counterparts. How do we encourage

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Speaker 8: people to invest more in that while we're giving them

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Speaker 8: a tax break for investing in assets those are the

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Speaker 8: sorts of things that over the years, will make this

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Speaker 8: a more productive economy. But it's also things like having

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Speaker 8: better educated workers, having a better match up between business

1083
00:51:19,080 --> 00:51:22,759
Speaker 8: and science, having resource consent laws that don't mean you

1084
00:51:22,800 --> 00:51:26,400
Speaker 8: have to spend three years in court fighting to build something.

1085
00:51:26,719 --> 00:51:28,360
Speaker 8: You know that stuff is waste for it gets in

1086
00:51:28,360 --> 00:51:29,080
Speaker 8: the way of growth.

1087
00:51:29,239 --> 00:51:31,360
Speaker 2: The RB next week, are they going to come to

1088
00:51:31,400 --> 00:51:31,840
Speaker 2: the party?

1089
00:51:33,280 --> 00:51:36,480
Speaker 8: I think they will. Obviously I'm not allowed to influence them,

1090
00:51:36,480 --> 00:51:39,480
Speaker 8: but you don't need to talk to many economists to

1091
00:51:39,520 --> 00:51:42,200
Speaker 8: hear that there's room for interest rates to ease further.

1092
00:51:42,320 --> 00:51:47,279
Speaker 8: Certainly treasuries forecasts show that our budget helps create that room.

1093
00:51:48,120 --> 00:51:50,520
Speaker 8: And I look around the world and I think that

1094
00:51:50,520 --> 00:51:53,640
Speaker 8: the uncertainty still is out there, So I think the

1095
00:51:53,840 --> 00:51:55,160
Speaker 8: Reserve Bank still has room to go.

1096
00:51:55,320 --> 00:51:57,480
Speaker 2: What do you, well, are you not influencing the Reserve Bank?

1097
00:51:57,480 --> 00:52:00,040
Speaker 2: They can make up their own mind. What's neutral? You

1098
00:52:00,080 --> 00:52:00,479
Speaker 2: and a half?

1099
00:52:02,239 --> 00:52:02,520
Speaker 4: Well?

1100
00:52:02,680 --> 00:52:04,759
Speaker 2: The reason I asked that is I think it's two

1101
00:52:04,800 --> 00:52:06,600
Speaker 2: and a half to two seven five. And the reason

1102
00:52:06,640 --> 00:52:09,040
Speaker 2: I think that is I think things are harder than

1103
00:52:09,080 --> 00:52:10,160
Speaker 2: a lot of people understand.

1104
00:52:11,520 --> 00:52:13,640
Speaker 8: Yeah, well, I think the Reserve Bank thinks neutral is

1105
00:52:13,680 --> 00:52:15,920
Speaker 8: a bit higher than that, but it'll be interesting to

1106
00:52:15,920 --> 00:52:19,360
Speaker 8: see what they say next week. But I think the

1107
00:52:19,440 --> 00:52:22,359
Speaker 8: key thing that we've seen recently is that interest rates

1108
00:52:22,400 --> 00:52:25,560
Speaker 8: haven't necessarily transmitted through to people. You've still got a

1109
00:52:25,560 --> 00:52:27,479
Speaker 8: lot of people who haven't gone on to a lower

1110
00:52:27,560 --> 00:52:30,080
Speaker 8: rate yet, so we haven't had all the stimulatory effect

1111
00:52:30,120 --> 00:52:33,480
Speaker 8: of the earlier cuts. So things should be flowing through

1112
00:52:33,520 --> 00:52:34,920
Speaker 8: over the next few months and that'll be what the

1113
00:52:34,920 --> 00:52:35,600
Speaker 8: Reserve banks.

1114
00:52:35,680 --> 00:52:37,680
Speaker 2: And that for you, then brings in the politics of

1115
00:52:37,680 --> 00:52:40,360
Speaker 2: all of this because you look at manufacturing, manufacturers on

1116
00:52:40,440 --> 00:52:42,600
Speaker 2: the move, exports as we know, are on the move,

1117
00:52:43,160 --> 00:52:47,840
Speaker 2: services isn't, and sentiment isn't and you need something to

1118
00:52:47,920 --> 00:52:50,239
Speaker 2: switch otherwise people come election to you are just going

1119
00:52:50,239 --> 00:52:51,759
Speaker 2: to look at you and go, jeez, we're still in

1120
00:52:51,800 --> 00:52:53,640
Speaker 2: debt and the place is still stuff. Let's give someone

1121
00:52:53,640 --> 00:52:54,160
Speaker 2: else a crack.

1122
00:52:55,239 --> 00:52:55,439
Speaker 3: Yeah.

1123
00:52:55,480 --> 00:52:57,839
Speaker 8: Well, look, that's why I'm heartened by this forecast, because

1124
00:52:57,840 --> 00:53:01,160
Speaker 8: what they show is growth really speeding up next year.

1125
00:53:01,239 --> 00:53:04,960
Speaker 8: They show unemployment peaking the middle of this year and

1126
00:53:04,960 --> 00:53:07,200
Speaker 8: then coming down again. They show a lot of job

1127
00:53:07,239 --> 00:53:10,160
Speaker 8: creation happening. And when I'm out and about talking to businesses,

1128
00:53:10,760 --> 00:53:12,719
Speaker 8: they say to me, look, the thing we need to

1129
00:53:12,719 --> 00:53:14,640
Speaker 8: see is that the government's really on our side that

1130
00:53:14,719 --> 00:53:17,680
Speaker 8: investment boost tax policy. It's a very clear indication that

1131
00:53:17,760 --> 00:53:21,919
Speaker 8: we are. We'll get our Resource Management Act replacement this year.

1132
00:53:22,719 --> 00:53:24,719
Speaker 8: We're going to have a succession of things that I

1133
00:53:24,760 --> 00:53:27,359
Speaker 8: think will and gender confidence and will build a sense

1134
00:53:27,400 --> 00:53:31,600
Speaker 8: of momentum. I can't stop international events making people a

1135
00:53:31,640 --> 00:53:34,200
Speaker 8: bit wobbly. That is the reality of things.

1136
00:53:34,239 --> 00:53:34,640
Speaker 3: A lot of.

1137
00:53:34,560 --> 00:53:36,759
Speaker 8: Businesses look at the world and go, I'm not sure

1138
00:53:36,760 --> 00:53:39,319
Speaker 8: I'm that confident right now, but I think that every

1139
00:53:39,360 --> 00:53:41,040
Speaker 8: reason to be. This is a much better place to

1140
00:53:41,040 --> 00:53:43,040
Speaker 8: be doing business than lots of other parts of the world.

1141
00:53:43,120 --> 00:53:45,960
Speaker 2: The under eighteen nineteen year olds who are unemployed, You're

1142
00:53:45,960 --> 00:53:49,000
Speaker 2: going to mean test that parents. When's that announcement coming?

1143
00:53:49,640 --> 00:53:52,600
Speaker 2: And why wasn't it yesterday? And when it does come,

1144
00:53:52,640 --> 00:53:54,920
Speaker 2: the reason it wasn't yesterday is people are going to squeal.

1145
00:53:56,320 --> 00:53:59,240
Speaker 8: Well, it's a great policy, Mike, because I have talked

1146
00:53:59,320 --> 00:54:01,959
Speaker 8: to parents myself who say it's pretty tough.

1147
00:54:02,280 --> 00:54:04,719
Speaker 2: But it depends where Nicola, don't play this game with me.

1148
00:54:04,760 --> 00:54:06,560
Speaker 2: It depends when you where where are you going to

1149
00:54:06,600 --> 00:54:08,719
Speaker 2: means test the mat Is it one eighty plus or

1150
00:54:08,760 --> 00:54:10,399
Speaker 2: is it a lot lower? And a lot of parents

1151
00:54:10,400 --> 00:54:12,160
Speaker 2: are going to go I can't afford to do that.

1152
00:54:12,400 --> 00:54:14,400
Speaker 8: Well, we only really want it to be an exceptional

1153
00:54:14,480 --> 00:54:18,440
Speaker 8: circumstances that this policy doesn't apply, because our base expectation

1154
00:54:18,680 --> 00:54:22,319
Speaker 8: is if you're a teenager, we expect agreement. If you

1155
00:54:22,360 --> 00:54:24,920
Speaker 8: can't get a job, you should be in training or

1156
00:54:24,960 --> 00:54:25,680
Speaker 8: an apprenticeship.

1157
00:54:25,719 --> 00:54:28,880
Speaker 2: You're talking to just how much, Nicola? How much does

1158
00:54:28,920 --> 00:54:30,719
Speaker 2: a parent have to earn before you ping them?

1159
00:54:31,320 --> 00:54:32,960
Speaker 8: Well, Cabinet will make those decisions.

1160
00:54:33,000 --> 00:54:34,080
Speaker 2: You haven't even made the decision.

1161
00:54:35,280 --> 00:54:37,920
Speaker 8: No, we haven't made that decision. The final design of

1162
00:54:37,960 --> 00:54:41,000
Speaker 8: the policy is yet to be made. But what we

1163
00:54:41,040 --> 00:54:43,640
Speaker 8: are clear about is that it will be very difficult

1164
00:54:44,040 --> 00:54:46,680
Speaker 8: for those teenagers to access a benefit. It will only

1165
00:54:46,719 --> 00:54:49,920
Speaker 8: be an exceptional circumstances where they genuinely can't rely on

1166
00:54:49,960 --> 00:54:50,920
Speaker 8: their parents for support.

1167
00:54:51,080 --> 00:54:53,520
Speaker 2: Is it one plus? Should it be one eighty plus?

1168
00:54:54,719 --> 00:54:56,319
Speaker 8: Well, I actually think it should be less than that.

1169
00:54:56,920 --> 00:54:59,239
Speaker 8: Cabinet will obviously have to deliberate what we said.

1170
00:54:59,280 --> 00:55:01,239
Speaker 2: Do you think it's less than one hundred thousand dollars?

1171
00:55:01,520 --> 00:55:05,160
Speaker 8: Well, I think basically any parent doesn't really matter what

1172
00:55:05,200 --> 00:55:08,480
Speaker 8: their income situation is, doesn't want to have to say

1173
00:55:08,480 --> 00:55:10,400
Speaker 8: to their kid, look just live at home. It's fine.

1174
00:55:10,480 --> 00:55:12,920
Speaker 8: Take take the doll take it, take the benefit from

1175
00:55:13,239 --> 00:55:14,839
Speaker 8: the government. They want to be able to say, look,

1176
00:55:15,520 --> 00:55:19,280
Speaker 8: get out there, do some training, get a job, because

1177
00:55:19,320 --> 00:55:22,600
Speaker 8: that's actually where your future lies. And we're aspirational for you.

1178
00:55:22,640 --> 00:55:25,000
Speaker 8: We don't want you just taking a check from the government.

1179
00:55:25,080 --> 00:55:27,320
Speaker 8: And actually that's not a nice recipe for anyone.

1180
00:55:27,400 --> 00:55:29,880
Speaker 2: No, it isn't. But that number is going to be political,

1181
00:55:29,920 --> 00:55:31,480
Speaker 2: isn't it a nice suspect that's why you've not made

1182
00:55:31,520 --> 00:55:32,280
Speaker 2: the decision yet.

1183
00:55:33,320 --> 00:55:35,200
Speaker 8: Well, no, it's not that. It's just that we were

1184
00:55:35,200 --> 00:55:37,920
Speaker 8: clear that this was a reform that we wanted to progress,

1185
00:55:37,960 --> 00:55:40,520
Speaker 8: but we needed to finalize some of the details and

1186
00:55:40,560 --> 00:55:42,520
Speaker 8: we'll look forward to announcing those in due course.

1187
00:55:42,680 --> 00:55:44,200
Speaker 2: Look forward to talking to you about it. Appreciate it,

1188
00:55:44,280 --> 00:55:47,520
Speaker 2: Finance Minister Nikola Willis thirteen to two.

1189
00:55:47,800 --> 00:55:52,240
Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio powered

1190
00:55:52,320 --> 00:55:53,040
Speaker 1: by News Talks.

1191
00:55:53,040 --> 00:55:56,799
Speaker 2: That'd be turn away from it means testing is fine, Mike,

1192
00:55:56,840 --> 00:55:59,040
Speaker 2: but the level is important. It's exactly why I was

1193
00:55:59,080 --> 00:56:01,640
Speaker 2: asking your nice So I suspect that's a story for

1194
00:56:01,680 --> 00:56:03,640
Speaker 2: another day, Mike. Where one hundred and twenty thousand dollars

1195
00:56:03,680 --> 00:56:06,160
Speaker 2: a year house four kids. I wish this law was

1196
00:56:06,160 --> 00:56:08,480
Speaker 2: around for my eldest, he's twenty five, still at home.

1197
00:56:08,520 --> 00:56:11,000
Speaker 2: I can't work out what to do. There are many, many,

1198
00:56:11,120 --> 00:56:13,520
Speaker 2: many parents in that same scenario. Nicola is one hundred

1199
00:56:13,520 --> 00:56:15,400
Speaker 2: percent right. I mean, most parents you should be give

1200
00:56:15,760 --> 00:56:17,839
Speaker 2: kick up the ass and telling them to get out

1201
00:56:17,880 --> 00:56:20,479
Speaker 2: into the world. But if suddenly the bill's on you

1202
00:56:21,160 --> 00:56:24,080
Speaker 2: and it's the big clue there was below one hundred thousand,

1203
00:56:24,120 --> 00:56:25,680
Speaker 2: I mean a lot of this means testing has done

1204
00:56:25,680 --> 00:56:27,839
Speaker 2: at one eighty plus on the top tax rate. If

1205
00:56:27,840 --> 00:56:29,640
Speaker 2: you're any ninety five thousand dollars a year and you

1206
00:56:29,680 --> 00:56:31,200
Speaker 2: got three or four kids at home and suddenly you're

1207
00:56:31,239 --> 00:56:32,919
Speaker 2: expected to look after the kid because the kid can't

1208
00:56:32,920 --> 00:56:36,040
Speaker 2: get any welfare, that's going to be political.

1209
00:56:36,080 --> 00:56:36,239
Speaker 4: Mike.

1210
00:56:36,239 --> 00:56:38,160
Speaker 2: I'm sick of listening to this government blaming the last

1211
00:56:38,160 --> 00:56:40,759
Speaker 2: government about debt. Where would national have got the money

1212
00:56:40,800 --> 00:56:44,240
Speaker 2: from during COVID or cyclone? Gabriel, It is a fair question,

1213
00:56:44,360 --> 00:56:46,600
Speaker 2: but the answer is not about the amount or where

1214
00:56:46,640 --> 00:56:48,040
Speaker 2: they would have got it from, the course they would

1215
00:56:48,040 --> 00:56:50,440
Speaker 2: have borrowed it, but it's about what they would have

1216
00:56:50,440 --> 00:56:52,239
Speaker 2: done with it, how they would have done it, and

1217
00:56:52,280 --> 00:56:55,160
Speaker 2: how quickly they would have paid it back. The amount

1218
00:56:55,160 --> 00:56:58,040
Speaker 2: of waste from the previous government and this has been

1219
00:56:58,080 --> 00:57:01,560
Speaker 2: so ruinous for the economy. Was they literally just machine

1220
00:57:01,560 --> 00:57:03,880
Speaker 2: gunned the place. They sprayed money all over the place,

1221
00:57:04,080 --> 00:57:07,080
Speaker 2: all the businesses who took loans and have never paid

1222
00:57:07,120 --> 00:57:09,680
Speaker 2: them back, and we're never expected to pay them back,

1223
00:57:09,760 --> 00:57:12,200
Speaker 2: although technically they were, but they knew they wouldn't. There's

1224
00:57:12,200 --> 00:57:15,360
Speaker 2: billions of dollars been flushed down the toilets that somebody

1225
00:57:15,440 --> 00:57:17,640
Speaker 2: still owes I e. The government, I EU and I

1226
00:57:17,760 --> 00:57:20,600
Speaker 2: the taxpayer. That was just waste. So it's not what

1227
00:57:20,680 --> 00:57:22,520
Speaker 2: you do, it's how you do. It's the key, Mike.

1228
00:57:22,600 --> 00:57:26,280
Speaker 2: I'm on a private school board fully support the increase

1229
00:57:26,280 --> 00:57:28,360
Speaker 2: of the private school budget dedication. The funding has an

1230
00:57:28,360 --> 00:57:30,480
Speaker 2: increased since two thousand and ten. Most private schools pay

1231
00:57:30,520 --> 00:57:33,120
Speaker 2: more on GST than they receive in government funding. It's

1232
00:57:33,160 --> 00:57:35,680
Speaker 2: such an easy chestnut for an ill informed or the

1233
00:57:36,080 --> 00:57:38,880
Speaker 2: ill informed to make inaccurate comments about private school funding

1234
00:57:39,120 --> 00:57:41,640
Speaker 2: without understanding how much private schools contribute to the country.

1235
00:57:41,680 --> 00:57:44,120
Speaker 2: Couldn't agree more. That's a win for ACT. And of

1236
00:57:44,120 --> 00:57:45,880
Speaker 2: course you got a remember if you didn't have private schools,

1237
00:57:45,880 --> 00:57:48,360
Speaker 2: they'd all be in public schools ate away from it.

1238
00:57:48,440 --> 00:57:53,040
Speaker 1: The make Hosking breakfast with Bailey's real estate news dogs, they'd.

1239
00:57:52,800 --> 00:57:55,160
Speaker 2: Be probably not surprised. I'm just being told that the

1240
00:57:55,280 --> 00:57:59,840
Speaker 2: video yesterday from Ramafosa Trump was showing them of the killings,

1241
00:57:59,840 --> 00:58:03,040
Speaker 2: and Ramaphosa quite rightly. He's by and large and reasonably

1242
00:58:03,080 --> 00:58:05,840
Speaker 2: well treated by the rest of the world for handling

1243
00:58:05,880 --> 00:58:08,800
Speaker 2: it pretty well, given it was an ambush. He asked

1244
00:58:08,840 --> 00:58:10,760
Speaker 2: where as this, and Trump said South Africa, which have

1245
00:58:11,680 --> 00:58:14,440
Speaker 2: as I say, not surprisingly, turns out wasn't true. It

1246
00:58:14,480 --> 00:58:17,960
Speaker 2: was Congo, so he got completely the wrong place. This

1247
00:58:18,040 --> 00:58:20,360
Speaker 2: is the feedback. Smith and Coey very sad this week

1248
00:58:20,800 --> 00:58:22,880
Speaker 2: that they're closing down an Auckland Icon one hundred and

1249
00:58:22,920 --> 00:58:25,080
Speaker 2: forty odd years worth of business. But this is from

1250
00:58:25,080 --> 00:58:28,000
Speaker 2: a person who I know and deal with, who does

1251
00:58:28,080 --> 00:58:31,520
Speaker 2: business in the downtown Auckland area, says this. While much

1252
00:58:31,560 --> 00:58:34,640
Speaker 2: has been said about the external pressures facing Smith and Coey,

1253
00:58:34,640 --> 00:58:38,120
Speaker 2: CBD infrastructure issues, changing real to our habits, and rising costs,

1254
00:58:38,120 --> 00:58:41,680
Speaker 2: the truth is that its rebirth was equally hindered by

1255
00:58:41,720 --> 00:58:44,400
Speaker 2: internal failings. There was little of any meaningful shift in

1256
00:58:44,440 --> 00:58:47,959
Speaker 2: sales culture, the opportunity to redefine what a department store

1257
00:58:47,960 --> 00:58:51,960
Speaker 2: service could look like was missed. In a retail environment

1258
00:58:52,360 --> 00:58:56,880
Speaker 2: where experiences everything. Smith and Coey remained stuck in the past, bored,

1259
00:58:57,000 --> 00:59:01,360
Speaker 2: passive staff positioned more as deterrence than ambassttors. The focus

1260
00:59:01,360 --> 00:59:04,120
Speaker 2: seemed to be on preventing theft rather than enriching the

1261
00:59:04,160 --> 00:59:07,760
Speaker 2: customer experience. Now, I trust this person because, as I say,

1262
00:59:07,760 --> 00:59:10,760
Speaker 2: he's an experienced operator, he's in the area, he does well.

1263
00:59:11,240 --> 00:59:13,360
Speaker 2: I do business with him. He knows how to run

1264
00:59:13,400 --> 00:59:15,840
Speaker 2: a proper business. Others have said something similar to me,

1265
00:59:16,080 --> 00:59:18,520
Speaker 2: which is not to diss Smith and Coey at all,

1266
00:59:19,080 --> 00:59:21,040
Speaker 2: but it is to try and balance the argument. As

1267
00:59:21,080 --> 00:59:23,320
Speaker 2: much as it's easy to blame a council, and it's

1268
00:59:23,360 --> 00:59:26,640
Speaker 2: easy to blame road cones and downtown Auckland is a

1269
00:59:26,680 --> 00:59:31,320
Speaker 2: complete and utter dump. Do not get me wrong. It's

1270
00:59:31,400 --> 00:59:35,919
Speaker 2: not always open and shut, black and white, right and wrong. Mike,

1271
00:59:36,080 --> 00:59:38,280
Speaker 2: what other lot is going to run the country? The

1272
00:59:38,360 --> 00:59:43,160
Speaker 2: other lot created this mess? Well, Graham, never underestimate people's

1273
00:59:43,200 --> 00:59:47,080
Speaker 2: memory or desire for in difficult times, just a little

1274
00:59:47,080 --> 00:59:49,760
Speaker 2: bit more large. Yes, with somebody else footing the bill,

1275
00:59:49,800 --> 00:59:52,600
Speaker 2: there's a great power to that particular equation.

1276
00:59:53,200 --> 00:59:58,760
Speaker 17: The news is next, the news and the newsmakers, the

1277
00:59:58,920 --> 01:00:02,480
Speaker 17: mic asking read fast with Bailey's real estate, your local

1278
01:00:02,520 --> 01:00:06,200
Speaker 17: experts across residential, commercial and rural news talks head be.

1279
01:00:08,840 --> 01:00:21,560
Speaker 2: You is this like? Who am I thinking? This is Oasis? Yeah,

1280
01:00:21,800 --> 01:00:24,520
Speaker 2: says isn't it? It's not, but that's who it could be.

1281
01:00:24,720 --> 01:00:26,360
Speaker 2: It's Voom now.

1282
01:00:26,520 --> 01:00:27,920
Speaker 12: Boom is a.

1283
01:00:27,880 --> 01:00:30,680
Speaker 2: Band that's been around for two decades through a local band,

1284
01:00:33,000 --> 01:00:36,680
Speaker 2: in fact, not only the local deal from Auckland. Nineteen

1285
01:00:37,000 --> 01:00:41,960
Speaker 2: years since their last album. The last album was two

1286
01:00:42,000 --> 01:00:44,400
Speaker 2: thousand and six. They call it They're much loved two

1287
01:00:44,440 --> 01:00:47,200
Speaker 2: thousand and six record, Hello are you there? Is it

1288
01:00:47,280 --> 01:00:48,680
Speaker 2: much loved? Honestly?

1289
01:00:49,040 --> 01:00:49,160
Speaker 6: Oh?

1290
01:00:49,240 --> 01:00:50,200
Speaker 18: Sure some people are like that.

1291
01:00:51,960 --> 01:00:54,200
Speaker 2: Since then, because obviously you're asking what have they been

1292
01:00:54,200 --> 01:00:57,320
Speaker 2: doing since then? Well, they've been jamming and gigging and writing,

1293
01:00:57,480 --> 01:01:01,880
Speaker 2: rewriting and sifting. Now the label is Flying None, the

1294
01:01:01,920 --> 01:01:05,200
Speaker 2: famous Flying None, who said, how about you guys get

1295
01:01:05,240 --> 01:01:07,440
Speaker 2: together all this material you have been mucking around with?

1296
01:01:07,720 --> 01:01:09,680
Speaker 2: They sound like eighteen and nineteen year olds. He should

1297
01:01:09,680 --> 01:01:12,360
Speaker 2: be means tested by their parents. Basically, shouldn't make go

1298
01:01:12,440 --> 01:01:16,080
Speaker 2: get a job anyway, Package it all up and let's

1299
01:01:16,080 --> 01:01:17,000
Speaker 2: see what we can do with it.

1300
01:01:17,240 --> 01:01:18,760
Speaker 18: This is what's going to happen, is going to be

1301
01:01:18,800 --> 01:01:21,840
Speaker 18: less boom because it was that.

1302
01:01:21,920 --> 01:01:24,080
Speaker 2: Was most food. Because parents will have kicked them out

1303
01:01:24,120 --> 01:01:26,680
Speaker 2: of the house. Written, recorded in a variety of locations,

1304
01:01:26,680 --> 01:01:31,360
Speaker 2: a plethora of different equipment, over decades and seasons and

1305
01:01:31,520 --> 01:01:37,880
Speaker 2: life stages. Front Man's called Buzz. All of them Buzz. Murray,

1306
01:01:37,960 --> 01:01:42,240
Speaker 2: Nick and Josh are multi instrumentalists and producers in their

1307
01:01:42,280 --> 01:01:46,480
Speaker 2: own right. They are produced after the last nineteen years,

1308
01:01:46,520 --> 01:01:48,800
Speaker 2: fourteen songs, which is less than a song a year,

1309
01:01:48,840 --> 01:01:51,240
Speaker 2: which is and you wonder why we've got a productivity problem,

1310
01:01:51,280 --> 01:01:53,480
Speaker 2: And there it is right there, fourteen songs out of

1311
01:01:53,560 --> 01:01:57,000
Speaker 2: nineteen years, thirty two minutes and fifty seven seconds. Even

1312
01:01:57,000 --> 01:01:59,080
Speaker 2: when you round this up to thirty three minutes. That's

1313
01:01:59,240 --> 01:02:00,960
Speaker 2: These guys have been and around for t.

1314
01:02:01,040 --> 01:02:06,400
Speaker 1: The Week in Review with two degrees bringing smart business

1315
01:02:06,480 --> 01:02:07,600
Speaker 1: solutions to the table.

1316
01:02:08,400 --> 01:02:10,800
Speaker 2: Now, Oh this is Oh, this is just going to

1317
01:02:10,840 --> 01:02:13,280
Speaker 2: get right now. Don't come in here, I know what

1318
01:02:13,360 --> 01:02:15,880
Speaker 2: I'm doing. Don't pound in here and pretend in front

1319
01:02:15,880 --> 01:02:19,760
Speaker 2: about and Tim Wilson's Willison Kate Hawk's be good morning

1320
01:02:19,800 --> 01:02:23,000
Speaker 2: to both of you. The reason I had a technical

1321
01:02:23,040 --> 01:02:24,880
Speaker 2: problem there is because I don't need to use the

1322
01:02:24,920 --> 01:02:27,240
Speaker 2: phone anymore for you guys, because I use the WhatsApp,

1323
01:02:27,320 --> 01:02:29,360
Speaker 2: and so I don't need to do the special switching.

1324
01:02:30,040 --> 01:02:31,920
Speaker 2: But I didn't do the switching because I didn't need

1325
01:02:31,960 --> 01:02:34,040
Speaker 2: to do the switching, but because you're on the phone today,

1326
01:02:34,040 --> 01:02:35,920
Speaker 2: not the WhatsApp, I didn't need to do the switching.

1327
01:02:35,960 --> 01:02:37,880
Speaker 2: But I only got told this last minute, and then

1328
01:02:37,920 --> 01:02:39,440
Speaker 2: all of a sudden I was in a panic.

1329
01:02:41,280 --> 01:02:42,439
Speaker 11: But you counted up very well.

1330
01:02:42,600 --> 01:02:44,760
Speaker 2: Yeah, you wouldn't have known anything went wrong there.

1331
01:02:44,800 --> 01:02:45,480
Speaker 10: You wouldn't have known.

1332
01:02:46,000 --> 01:02:47,520
Speaker 2: And the reason we're doing it on the phone and

1333
01:02:47,560 --> 01:02:50,160
Speaker 2: not the WhatsApp, tim, is because you, your boomer, have

1334
01:02:50,280 --> 01:02:52,200
Speaker 2: gone and messed up your WhatsApp.

1335
01:02:53,200 --> 01:02:55,840
Speaker 14: You wash your mouth out with culta. So I am

1336
01:02:55,920 --> 01:02:59,240
Speaker 14: actually kin it's as you well know, so take it back.

1337
01:02:59,400 --> 01:03:02,560
Speaker 2: And so all right, GenEx, you're gonna mucked up your WhatsApp?

1338
01:03:02,720 --> 01:03:03,040
Speaker 3: How do you?

1339
01:03:03,200 --> 01:03:04,200
Speaker 2: How do you reckon app?

1340
01:03:05,800 --> 01:03:06,000
Speaker 3: Well?

1341
01:03:06,040 --> 01:03:08,480
Speaker 14: Look, look it's it's it's a long it's a long story.

1342
01:03:08,800 --> 01:03:10,840
Speaker 14: It's a long story. But I've got a question for you.

1343
01:03:11,240 --> 01:03:11,720
Speaker 11: Are you ready?

1344
01:03:12,440 --> 01:03:14,360
Speaker 3: You're ready? Yes, Okay, here we go.

1345
01:03:16,880 --> 01:03:17,400
Speaker 14: Do you hear that?

1346
01:03:17,680 --> 01:03:17,880
Speaker 10: No?

1347
01:03:18,320 --> 01:03:19,160
Speaker 2: Well, you sort of.

1348
01:03:22,120 --> 01:03:23,480
Speaker 14: What kind of power drel is that.

1349
01:03:25,360 --> 01:03:26,360
Speaker 19: Sounds like singing out?

1350
01:03:26,640 --> 01:03:29,800
Speaker 2: It sounds like it sounds it's battery operated.

1351
01:03:30,400 --> 01:03:33,320
Speaker 14: You got it, it's getting close. It's how many vaults

1352
01:03:33,320 --> 01:03:33,920
Speaker 14: on the battery?

1353
01:03:34,160 --> 01:03:34,920
Speaker 2: It's fourteen?

1354
01:03:36,080 --> 01:03:38,360
Speaker 14: No, it's an eighteen vault and let's keep going.

1355
01:03:38,400 --> 01:03:40,680
Speaker 2: And it's Makita.

1356
01:03:41,040 --> 01:03:41,800
Speaker 14: It's a Riobi.

1357
01:03:43,240 --> 01:03:44,200
Speaker 2: Wasn't far out.

1358
01:03:45,640 --> 01:03:50,720
Speaker 19: Though, What sort of man segment is that unappearing?

1359
01:03:51,160 --> 01:03:53,920
Speaker 2: One of the one of the best things I ever

1360
01:03:53,960 --> 01:03:57,000
Speaker 2: saw on television was a guy and he was on

1361
01:03:57,080 --> 01:03:59,480
Speaker 2: top Gear. He was a guest on top Gear and

1362
01:03:59,520 --> 01:04:01,880
Speaker 2: he was a I You could play the shutting of

1363
01:04:01,920 --> 01:04:04,520
Speaker 2: a door to and he would tell you what.

1364
01:04:04,480 --> 01:04:05,480
Speaker 14: Car it was the car.

1365
01:04:06,760 --> 01:04:08,640
Speaker 2: And not only that, but they played a whole bunch

1366
01:04:08,680 --> 01:04:11,680
Speaker 2: of random doors, and I mean really random, and he

1367
01:04:11,800 --> 01:04:15,600
Speaker 2: got every single one of them. That's a party trick

1368
01:04:15,600 --> 01:04:19,200
Speaker 2: for the ages. What would you like to contribute if

1369
01:04:19,200 --> 01:04:22,760
Speaker 2: it's a bit masculine for you feminized it up?

1370
01:04:22,800 --> 01:04:23,600
Speaker 3: What do we got up?

1371
01:04:24,160 --> 01:04:26,760
Speaker 19: Well, speaking of masculine, I was actually just wondering this morning,

1372
01:04:26,800 --> 01:04:29,040
Speaker 19: what on earth New Zealand media, what did we do

1373
01:04:29,160 --> 01:04:34,320
Speaker 19: before Brad Olson in terms of financial commentary, Because he's

1374
01:04:34,360 --> 01:04:36,160
Speaker 19: the man, isn't he I mean, I don't know what

1375
01:04:36,240 --> 01:04:36,600
Speaker 19: we did.

1376
01:04:37,120 --> 01:04:42,240
Speaker 2: He has come of age because I remember, was that you,

1377
01:04:42,440 --> 01:04:44,720
Speaker 2: Tim that launched him in some sort of way. Can

1378
01:04:44,760 --> 01:04:46,400
Speaker 2: I give you credit for that? Well, you did. You

1379
01:04:46,400 --> 01:04:49,640
Speaker 2: have some sort of hook with him early on, and.

1380
01:04:49,280 --> 01:04:51,240
Speaker 14: I'll tell you what we served away though. He did

1381
01:04:51,280 --> 01:04:54,440
Speaker 14: a series of lectures during COVID because you couldn't have

1382
01:04:54,440 --> 01:04:56,560
Speaker 14: big events, and so we did a series of lectures

1383
01:04:56,600 --> 01:05:01,880
Speaker 14: around the country on the economy and he was just fantastic.

1384
01:05:02,040 --> 01:05:04,840
Speaker 2: I feel that's where he came from. I feel you

1385
01:05:04,960 --> 01:05:06,640
Speaker 2: launched him into the world because then you've got to

1386
01:05:06,640 --> 01:05:10,520
Speaker 2: remember his eyes. He's only seventeen or eighteen years old.

1387
01:05:10,560 --> 01:05:12,840
Speaker 2: So back in COVID he was still at high school.

1388
01:05:14,080 --> 01:05:17,560
Speaker 14: He's going to text me and say, you're running me down.

1389
01:05:18,120 --> 01:05:20,240
Speaker 2: I'm not running it. No, it's fantastic.

1390
01:05:21,040 --> 01:05:23,760
Speaker 14: He was well and he was like yeah, he was

1391
01:05:23,800 --> 01:05:26,640
Speaker 14: like the lead guy into metrics. I think just as

1392
01:05:26,640 --> 01:05:28,000
Speaker 14: he graduated from primary school.

1393
01:05:28,080 --> 01:05:32,000
Speaker 2: Yes, he's a real talent. Can I ask this question then,

1394
01:05:32,000 --> 01:05:34,440
Speaker 2: while we're talking about economists, I'm very well raised, Katie,

1395
01:05:34,520 --> 01:05:36,920
Speaker 2: because it reminded me of Cameron Bagriy, who I do

1396
01:05:37,000 --> 01:05:38,920
Speaker 2: have some time for. He was on one of the

1397
01:05:38,960 --> 01:05:43,440
Speaker 2: news bulletins this week via zoom on television. And he

1398
01:05:43,480 --> 01:05:46,240
Speaker 2: was in front of his window and out the back

1399
01:05:46,240 --> 01:05:48,680
Speaker 2: of his window, and I might be superficial that I

1400
01:05:48,720 --> 01:05:53,400
Speaker 2: make judgments on people, especially economists, by their surroundings. And

1401
01:05:53,480 --> 01:05:55,720
Speaker 2: out the back of his window in his yard was

1402
01:05:55,760 --> 01:05:56,520
Speaker 2: a dead tree.

1403
01:05:57,560 --> 01:06:03,320
Speaker 19: Now that is such a new thing to spot. You know,

1404
01:06:04,480 --> 01:06:07,120
Speaker 19: your house the first thing like that when he walks in,

1405
01:06:07,280 --> 01:06:10,680
Speaker 19: poor agents, haters. He goes in and he's like, you know,

1406
01:06:10,720 --> 01:06:12,160
Speaker 19: you can go into the most beautiful house in the

1407
01:06:12,200 --> 01:06:14,240
Speaker 19: world of Mike, who go there's a light bulbout. Now,

1408
01:06:14,360 --> 01:06:16,640
Speaker 19: these are the sort of people who, if they haven't noticed,

1409
01:06:16,760 --> 01:06:19,080
Speaker 19: is a bulbout and there's a light missing, I don't

1410
01:06:19,080 --> 01:06:20,919
Speaker 19: want to buy their house because they're obviously not looking

1411
01:06:20,920 --> 01:06:21,320
Speaker 19: after it.

1412
01:06:21,520 --> 01:06:25,960
Speaker 2: They're obviously I got standards. But I asked you this question.

1413
01:06:26,240 --> 01:06:27,200
Speaker 2: I ask you this question.

1414
01:06:27,240 --> 01:06:29,760
Speaker 14: But this is is that, this is this is why

1415
01:06:29,760 --> 01:06:33,200
Speaker 14: you're number one, because you've got standards. It's scrutinizing Nicola

1416
01:06:33,240 --> 01:06:35,480
Speaker 14: willis why is there a bulbout? Why are there a bunch?

1417
01:06:35,640 --> 01:06:37,840
Speaker 2: Why is there a bowl? Then exactly, but I'm looking

1418
01:06:37,840 --> 01:06:39,920
Speaker 2: at Cameron Baggery and I'm seeing his dead tree in

1419
01:06:39,920 --> 01:06:44,680
Speaker 2: his backyard, And I'm thinking, can can a man with

1420
01:06:45,080 --> 01:06:48,360
Speaker 2: any sort of credibility you can't run his backyard? Can

1421
01:06:48,360 --> 01:06:49,200
Speaker 2: he run a country?

1422
01:06:49,960 --> 01:06:52,520
Speaker 19: He's probably so busy running other stuff he doesn't have

1423
01:06:52,560 --> 01:06:53,800
Speaker 19: time to run in his backyard.

1424
01:06:54,040 --> 01:06:55,760
Speaker 2: Okay, listen, I'm going to put you on hold now

1425
01:06:55,760 --> 01:06:57,840
Speaker 2: because we're using the phone system today because of old

1426
01:06:57,840 --> 01:07:00,680
Speaker 2: gen exit. Tim Kate talks with Tim Wilson thirteen past.

1427
01:07:01,240 --> 01:07:06,200
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered by.

1428
01:07:06,080 --> 01:07:09,920
Speaker 2: News Talks Be New Talks at sixteen past eight The

1429
01:07:10,040 --> 01:07:11,120
Speaker 2: Week in Review.

1430
01:07:11,120 --> 01:07:14,320
Speaker 1: With two degrees fighting for fair for Kiwi business.

1431
01:07:14,400 --> 01:07:16,360
Speaker 2: I don't know whether to be insulted or you're just

1432
01:07:16,400 --> 01:07:18,480
Speaker 2: being nice, Mike. Lots of trees look dead this time

1433
01:07:18,520 --> 01:07:21,560
Speaker 2: of year. It's probably deciduous, could have been deciduous, Mike.

1434
01:07:21,680 --> 01:07:24,240
Speaker 2: Was it dead or tunnel? I know a dead tree

1435
01:07:24,280 --> 01:07:27,760
Speaker 2: when I see one versus a deciduous tree. Believe me

1436
01:07:27,840 --> 01:07:31,920
Speaker 2: it was dead, Mike. Congratulations to Katie's daughter for her

1437
01:07:32,040 --> 01:07:38,680
Speaker 2: university graduation. My daughter was on stage after her in brackets.

1438
01:07:39,120 --> 01:07:42,520
Speaker 2: I think it was her, which of course it wasn't.

1439
01:07:43,120 --> 01:07:49,560
Speaker 19: That'll be my niece, that'd be my beautiful talented, successful niece.

1440
01:07:49,760 --> 01:07:51,400
Speaker 2: But congratulations to her as well.

1441
01:07:52,080 --> 01:07:53,560
Speaker 19: Congratulations of Jemima.

1442
01:07:53,880 --> 01:07:58,280
Speaker 2: Okay, how much can two key social questions for you, guys?

1443
01:07:58,320 --> 01:08:01,480
Speaker 2: Tim you first? So the prim turns up this week

1444
01:08:01,520 --> 01:08:04,000
Speaker 2: in the studio and he tells me that he's watched

1445
01:08:04,040 --> 01:08:06,240
Speaker 2: some social media of me over the weekend that Katie

1446
01:08:06,240 --> 01:08:08,680
Speaker 2: put out there and thought it was very funny. Plus

1447
01:08:08,720 --> 01:08:13,720
Speaker 2: also he's he's also he started watching he's watching Mobland.

1448
01:08:14,440 --> 01:08:18,519
Speaker 2: How much frippery is too much of you trying to

1449
01:08:18,560 --> 01:08:19,240
Speaker 2: run the country?

1450
01:08:21,200 --> 01:08:22,479
Speaker 11: Good question, Good question.

1451
01:08:22,720 --> 01:08:24,640
Speaker 14: I'd say pick pick one and go with it. But

1452
01:08:24,800 --> 01:08:28,200
Speaker 14: Mobland or Katie social Media? I'll go with Katie social

1453
01:08:28,240 --> 01:08:29,080
Speaker 14: media every time.

1454
01:08:29,080 --> 01:08:30,840
Speaker 19: Well, when you say Katie social media, I only have

1455
01:08:30,920 --> 01:08:33,400
Speaker 19: Instagram and I don't think he follows me on Instagram,

1456
01:08:33,439 --> 01:08:36,720
Speaker 19: so maybe his wife does. I'm not sure the kids

1457
01:08:36,760 --> 01:08:37,439
Speaker 19: showed it to him.

1458
01:08:37,520 --> 01:08:40,280
Speaker 2: My point is, does a prime minister in a troubled

1459
01:08:40,280 --> 01:08:42,839
Speaker 2: country have time for light entertainment over the weekend?

1460
01:08:44,040 --> 01:08:47,800
Speaker 19: Well he should. He should have some ability to switch

1461
01:08:47,800 --> 01:08:49,879
Speaker 19: off at some point, because we know that the previous

1462
01:08:49,880 --> 01:08:52,720
Speaker 19: government's spent a lot of time switched off, because every

1463
01:08:52,760 --> 01:08:54,559
Speaker 19: time they turned up for interviews with you, they were

1464
01:08:54,640 --> 01:08:56,720
Speaker 19: I haven't seen that. I haven't read that. Sorry I had.

1465
01:08:56,680 --> 01:08:59,719
Speaker 2: Don't know that exactly. And we think we ran into Amanda,

1466
01:08:59,760 --> 01:09:05,679
Speaker 2: miss luck and yesterday, don't we. We don't know because

1467
01:09:05,720 --> 01:09:07,519
Speaker 2: a very nice lady Tim we were off to marriage

1468
01:09:07,520 --> 01:09:08,880
Speaker 2: counsel and we were just walking in.

1469
01:09:11,720 --> 01:09:13,679
Speaker 14: Wait a minute, I thought I was your marriage counselor

1470
01:09:13,720 --> 01:09:14,240
Speaker 14: what's going on?

1471
01:09:14,280 --> 01:09:15,120
Speaker 20: Well at he.

1472
01:09:17,000 --> 01:09:20,760
Speaker 19: Was accompanying me to or blood tests? Very sweet, very

1473
01:09:20,840 --> 01:09:21,320
Speaker 19: very kind.

1474
01:09:21,760 --> 01:09:24,240
Speaker 2: Anyway, and a woman bounces out from the doctors like

1475
01:09:24,439 --> 01:09:29,040
Speaker 2: bounces out in like fitness gear and incredible arms. We

1476
01:09:29,080 --> 01:09:31,920
Speaker 2: saw the arms come first, and she said hello, are

1477
01:09:31,920 --> 01:09:34,760
Speaker 2: you like in like so much energy and vibrancy you

1478
01:09:34,760 --> 01:09:37,799
Speaker 2: couldn't believe it, And so we thought, who was that? Anyway?

1479
01:09:37,840 --> 01:09:41,000
Speaker 2: I think we think we think this was missus Luckson.

1480
01:09:41,400 --> 01:09:43,639
Speaker 19: I'm pretty sure because she would be a friendly person.

1481
01:09:43,680 --> 01:09:47,479
Speaker 19: And Mike did his standards talking to stranger's routine where

1482
01:09:47,479 --> 01:09:52,280
Speaker 19: he said, hello, how are you or something? Why do

1483
01:09:52,320 --> 01:09:52,840
Speaker 19: you do that?

1484
01:09:52,880 --> 01:09:56,839
Speaker 2: Why do you talk like it's a default position. The

1485
01:09:56,880 --> 01:09:59,040
Speaker 2: second question for you, Katie, how much did we pay

1486
01:09:59,040 --> 01:09:59,519
Speaker 2: for our dog?

1487
01:10:01,240 --> 01:10:04,080
Speaker 19: Oh gosh, I'm not sure you're allowed to know that.

1488
01:10:04,320 --> 01:10:06,439
Speaker 19: I think we keept that on the download for you didn't.

1489
01:10:06,320 --> 01:10:07,960
Speaker 2: There was a segret there's a story for another day.

1490
01:10:07,960 --> 01:10:11,880
Speaker 2: But yeah, but what roughly was it? Because Little Sammy's

1491
01:10:11,880 --> 01:10:15,040
Speaker 2: off this weekend to get his dog.

1492
01:10:18,040 --> 01:10:18,880
Speaker 19: Sam was getting a dog.

1493
01:10:19,000 --> 01:10:22,559
Speaker 2: He's getting a dog. So Little Sammy and his girlfriend that, well,

1494
01:10:23,160 --> 01:10:24,600
Speaker 2: let me build up to this because this is the

1495
01:10:24,640 --> 01:10:26,400
Speaker 2: important point. I just wanted to know what we paid

1496
01:10:26,400 --> 01:10:29,760
Speaker 2: for ours. He's driving to tower On which we got

1497
01:10:29,760 --> 01:10:31,800
Speaker 2: our dog from Towering, so there's a lot of dog

1498
01:10:31,840 --> 01:10:37,839
Speaker 2: breeding going on and Towering. Clearly he's paid his Argentinian ridgeback.

1499
01:10:38,520 --> 01:10:44,479
Speaker 2: So yeah, so he's paid Argentinian ridgeback is very similar

1500
01:10:44,560 --> 01:10:49,040
Speaker 2: to like a rot wheeler, like it's quite a powerful,

1501
01:10:49,160 --> 01:10:49,720
Speaker 2: large dog.

1502
01:10:50,560 --> 01:10:51,679
Speaker 19: Living in an apartment.

1503
01:10:51,720 --> 01:10:54,040
Speaker 2: He's still living. This is part of the problem. So

1504
01:10:54,200 --> 01:10:57,920
Speaker 2: Sam's living in his part. He's got no he's got

1505
01:10:57,920 --> 01:11:01,320
Speaker 2: no dining table. He's got no dining table because he

1506
01:11:01,360 --> 01:11:04,240
Speaker 2: can't afford a dining table. But he's got money on

1507
01:11:04,439 --> 01:11:08,719
Speaker 2: Argentinian ridgeback. So what's he paying three and a half greened.

1508
01:11:10,120 --> 01:11:12,120
Speaker 14: Yeah, that's not a dog, that's a car.

1509
01:11:12,880 --> 01:11:14,400
Speaker 11: He could have three and a.

1510
01:11:14,400 --> 01:11:17,280
Speaker 2: Half gate this is but he couldn't put it well,

1511
01:11:17,280 --> 01:11:18,760
Speaker 2: he probably could put it in the apartment because he

1512
01:11:18,760 --> 01:11:20,120
Speaker 2: hasn't got you.

1513
01:11:20,120 --> 01:11:22,439
Speaker 14: Know what it would fit in the in the list.

1514
01:11:22,720 --> 01:11:24,960
Speaker 14: He drives it into the apartment. He's got a table

1515
01:11:25,000 --> 01:11:25,360
Speaker 14: as well.

1516
01:11:25,920 --> 01:11:29,840
Speaker 2: He's got a table, a car, no Argentinian ridgeback and

1517
01:11:30,200 --> 01:11:34,479
Speaker 2: I said, the dog's going to eat the furniture. That's really.

1518
01:11:37,960 --> 01:11:41,080
Speaker 18: He's quietly seething next to me because it seems like

1519
01:11:41,120 --> 01:11:43,240
Speaker 18: some of the facts of the story may have been

1520
01:11:44,800 --> 01:11:46,080
Speaker 18: represented by the host.

1521
01:11:47,600 --> 01:11:49,400
Speaker 19: I am slightly concerned about going.

1522
01:11:49,640 --> 01:11:52,760
Speaker 2: I don't know you believe he's going. Look, it's the

1523
01:11:52,840 --> 01:11:55,280
Speaker 2: truth is more embarrassing. He has paid three and a

1524
01:11:55,320 --> 01:12:00,000
Speaker 2: half thousand dollars. He is going to towerong. But it's

1525
01:12:00,040 --> 01:12:04,120
Speaker 2: a coccas poole. It's a it's a little cocas poodle.

1526
01:12:05,120 --> 01:12:13,240
Speaker 2: It's a little hairdressers coccas poodle. And it's the funny.

1527
01:12:13,400 --> 01:12:13,920
Speaker 19: It isn't.

1528
01:12:15,320 --> 01:12:16,080
Speaker 3: Just make that up.

1529
01:12:16,200 --> 01:12:20,120
Speaker 18: What's funny is that he's trying to correct Mike again

1530
01:12:20,160 --> 01:12:24,080
Speaker 18: and he's yelling out, it's a minute's a Lebros Boodle's

1531
01:12:24,400 --> 01:12:28,559
Speaker 18: it's a Lebros poodle. He's yelling out, it's.

1532
01:12:28,400 --> 01:12:32,439
Speaker 2: Not a cocas poodle.

1533
01:12:32,560 --> 01:12:35,760
Speaker 19: Is not even apod will be absolutely adorable.

1534
01:12:36,000 --> 01:12:39,000
Speaker 2: That's what he says, and with a speech impediment, he goes,

1535
01:12:39,000 --> 01:12:41,599
Speaker 2: it's absolutely adorable. That's what he said.

1536
01:12:43,160 --> 01:12:45,120
Speaker 14: He's speechediment.

1537
01:12:47,000 --> 01:12:51,480
Speaker 2: It's it's just when he says, les poodle.

1538
01:12:53,160 --> 01:12:55,720
Speaker 18: To believe it's only been a week since bullying days.

1539
01:12:56,360 --> 01:12:59,160
Speaker 14: Yeah, I know exactly. I think Jay says to put

1540
01:12:59,160 --> 01:13:00,320
Speaker 14: on this think shoot a.

1541
01:13:01,360 --> 01:13:05,880
Speaker 2: Hey, listen, this secret, as always has to come to

1542
01:13:05,920 --> 01:13:08,160
Speaker 2: an end, and it has now. It's nice to see

1543
01:13:08,200 --> 01:13:10,360
Speaker 2: you guys, and see you next week. Fix up fix

1544
01:13:10,439 --> 01:13:12,160
Speaker 2: your WhatsApp, Tim, then I won't be able to muck

1545
01:13:12,240 --> 01:13:14,559
Speaker 2: up the phone again. Tim Wilson, Kateawks p eight twenty two.

1546
01:13:15,160 --> 01:13:19,280
Speaker 1: The Mic Asking Breakfast with a Veta Retirement, Communities News,

1547
01:13:19,320 --> 01:13:20,639
Speaker 1: togs Head b Now.

1548
01:13:20,640 --> 01:13:22,320
Speaker 2: If you've been hanging out to your favorite big brand

1549
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Speaker 2: sports nutrition essentials are on sale, then have we got

1550
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Speaker 2: good news for you. Chemist Warehouse, get into it the

1551
01:13:27,280 --> 01:13:30,000
Speaker 2: Chemist Warehouse Mayhem meg a sale. It's on right now

1552
01:13:30,080 --> 01:13:32,000
Speaker 2: in store online. If you like, you can find up

1553
01:13:32,000 --> 01:13:34,200
Speaker 2: to half price off those big brand sports nutritions so

1554
01:13:34,280 --> 01:13:36,040
Speaker 2: much more. They got the biggest range. Buy in Sea

1555
01:13:36,400 --> 01:13:39,120
Speaker 2: and Athena sports Nutrition up to half price. A favorite

1556
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Speaker 2: massache your balanced sports nutrition essentials up to half price

1557
01:13:41,960 --> 01:13:45,880
Speaker 2: Bonbi Protein Company or Faction Labs, Sports Nutrition up to

1558
01:13:45,880 --> 01:13:49,519
Speaker 2: half price BSc and Optimum Nutrition up to half price.

1559
01:13:49,640 --> 01:13:52,360
Speaker 2: Good news doesn't stop. There so many other great offers

1560
01:13:52,400 --> 01:13:55,200
Speaker 2: to see and store. Head on over to Chemist Warehouse

1561
01:13:55,280 --> 01:13:57,200
Speaker 2: jump online. You can find up to half price off

1562
01:13:57,200 --> 01:14:00,400
Speaker 2: there every day, low prices on all your favorite big branch.

1563
01:14:00,439 --> 01:14:01,840
Speaker 2: This is the sale you've been waiting for, so you

1564
01:14:01,920 --> 01:14:04,880
Speaker 2: better be quick online in store stopped paying too much.

1565
01:14:04,960 --> 01:14:09,280
Speaker 2: The great Chemist Warehouse mayhem megasale offers in four June.

1566
01:14:09,800 --> 01:14:14,280
Speaker 2: T's and sees and exclusions apply. Exciting news. We knew

1567
01:14:14,280 --> 01:14:16,479
Speaker 2: the news Supercars is going to do it two times

1568
01:14:16,479 --> 01:14:19,559
Speaker 2: Taupo and now christ Church Rupuna and christ Church which

1569
01:14:19,600 --> 01:14:21,439
Speaker 2: is fantastic over the next three years. So it's been

1570
01:14:21,520 --> 01:14:24,640
Speaker 2: officially announced this morning from Louise Upston's office who is

1571
01:14:24,680 --> 01:14:28,240
Speaker 2: the Minister for Supercars, and the Government is investing five

1572
01:14:28,240 --> 01:14:31,120
Speaker 2: point nine million from the Major Events Fund to support

1573
01:14:31,160 --> 01:14:33,240
Speaker 2: the events in both Taupo and christ Church for the

1574
01:14:33,240 --> 01:14:36,200
Speaker 2: next three years. So that's government money, taxpars money. You're

1575
01:14:36,240 --> 01:14:38,360
Speaker 2: yours are my money, as far as I'm concerned, well

1576
01:14:38,360 --> 01:14:39,960
Speaker 2: spent because if you look at the crowds at Tawerpa.

1577
01:14:40,040 --> 01:14:41,959
Speaker 2: If you look at the impact into the local economy,

1578
01:14:42,479 --> 01:14:45,400
Speaker 2: it goes gangbusters. So next to bit for supercars by

1579
01:14:45,400 --> 01:14:47,720
Speaker 2: the Ways, next weekend Beginning Maddy Payne. I think the

1580
01:14:47,720 --> 01:14:50,080
Speaker 2: beginning Meddy Pain. They're looking at Maddy Paine on News

1581
01:14:50,160 --> 01:14:51,960
Speaker 2: for You in a couple of moments and then Murray

1582
01:14:51,960 --> 01:14:52,439
Speaker 2: Olds for.

1583
01:14:52,439 --> 01:14:57,080
Speaker 1: You the only report you need to start your day

1584
01:14:57,320 --> 01:15:01,799
Speaker 1: on My costing Breakfast with a veto retirement, Communities, Life

1585
01:15:01,960 --> 01:15:03,840
Speaker 1: your Way News dogs head be like.

1586
01:15:03,880 --> 01:15:05,720
Speaker 2: My wife bought a miniature poodle for three and a

1587
01:15:05,720 --> 01:15:07,720
Speaker 2: half thousand dollars. It got rehomed at no cost to

1588
01:15:07,800 --> 01:15:10,519
Speaker 2: the recipient after she discovered it had high anxiety. Also

1589
01:15:10,520 --> 01:15:13,479
Speaker 2: wouldn't shut up by it. Beware, Mike, you're a bully.

1590
01:15:13,880 --> 01:15:16,760
Speaker 2: Although I do enjoy your banter, I guess that makes

1591
01:15:16,760 --> 01:15:19,360
Speaker 2: me want too. Yeah. Probably a lab poodle cross are

1592
01:15:19,360 --> 01:15:22,160
Speaker 2: the best dogs used a lot in visiting the elderly

1593
01:15:22,240 --> 01:15:25,679
Speaker 2: and mental health patients. Sam must be kind to choose

1594
01:15:25,680 --> 01:15:29,440
Speaker 2: this dog. There you go, Mike, tell Sam a cockapoo

1595
01:15:29,520 --> 01:15:30,360
Speaker 2: dog breed.

1596
01:15:32,160 --> 01:15:33,360
Speaker 18: Are now cockapoo?

1597
01:15:33,439 --> 01:15:34,040
Speaker 11: That is a breed.

1598
01:15:34,360 --> 01:15:38,800
Speaker 2: Cockapoo are completely stupid. Class is one of the craziest

1599
01:15:38,800 --> 01:15:41,200
Speaker 2: dogs and trainers recommend you don't buy them.

1600
01:15:41,439 --> 01:15:45,240
Speaker 18: It's actually a miniature labradoodle. I was saying labraspoodle because

1601
01:15:45,280 --> 01:15:46,599
Speaker 18: that's the dog I've got.

1602
01:15:46,720 --> 01:15:50,000
Speaker 2: Of course, it is just surrounded by it. Look, this

1603
01:15:50,120 --> 01:15:52,519
Speaker 2: is this show. I mean, what's the matter with this show?

1604
01:15:52,560 --> 01:15:54,760
Speaker 2: We've got a what have you got? A cockspoodle?

1605
01:15:54,880 --> 01:15:57,000
Speaker 18: No, a miniature labraspoodle, labraspoodle?

1606
01:15:57,080 --> 01:15:59,719
Speaker 2: Got a miniature labraspoodle. You've got a cockon poo.

1607
01:15:59,840 --> 01:16:02,960
Speaker 18: No, he's getting a labradoodle and poodle.

1608
01:16:03,520 --> 01:16:07,360
Speaker 2: And I've got a mal teaser. I mean what I mean? What?

1609
01:16:07,360 --> 01:16:09,800
Speaker 2: What a bunch of losers? Twenty two to.

1610
01:16:09,840 --> 01:16:14,120
Speaker 12: Nine International Correspondence with Ends and Eye Insurance Peace of

1611
01:16:14,160 --> 01:16:15,519
Speaker 12: Mind for New Zealand Business.

1612
01:16:15,600 --> 01:16:18,920
Speaker 20: Marry Olden's WETHERUS morning mate, god A, Michael, good morning

1613
01:16:18,920 --> 01:16:19,360
Speaker 20: to you.

1614
01:16:19,400 --> 01:16:22,799
Speaker 2: There's weather you' bean having seemingly in New South Wales

1615
01:16:22,880 --> 01:16:26,439
Speaker 2: parts of all year. What on Earth's going wrong?

1616
01:16:27,439 --> 01:16:29,920
Speaker 3: Well, I'm not sure it is unseasonal.

1617
01:16:29,960 --> 01:16:31,880
Speaker 20: I mean obviously started winter, going to get a bit

1618
01:16:31,920 --> 01:16:34,559
Speaker 20: more rain, but this there's been a low, low pressure

1619
01:16:34,600 --> 01:16:37,599
Speaker 20: trough sitting off the coast for well what's Friday now?

1620
01:16:37,600 --> 01:16:40,759
Speaker 20: So it started last weekend and I've had record rainfall.

1621
01:16:40,840 --> 01:16:43,680
Speaker 20: I mean not since nineteen hundred and twenty nine was

1622
01:16:43,720 --> 01:16:47,840
Speaker 20: the last record flood in Trre far exceeded this week

1623
01:16:48,120 --> 01:16:51,160
Speaker 20: that since nineteen twenty nine, and it hasn't been confined

1624
01:16:51,160 --> 01:16:53,360
Speaker 20: to that part of the mid North coast. I meant

1625
01:16:53,400 --> 01:16:55,760
Speaker 20: up and down the coast. Three people dead, there are

1626
01:16:55,800 --> 01:16:59,479
Speaker 20: others missing. This morning, fifty thousand people have been cut

1627
01:16:59,520 --> 01:17:02,519
Speaker 20: off on either isolated properties, you know, big farms. They

1628
01:17:02,600 --> 01:17:05,240
Speaker 20: can't get out all these little communities up and down

1629
01:17:05,240 --> 01:17:05,719
Speaker 20: the rivers.

1630
01:17:06,200 --> 01:17:07,639
Speaker 3: You've got these little villages, you.

1631
01:17:07,640 --> 01:17:10,160
Speaker 20: Might only have fifty people in some of them, and

1632
01:17:10,240 --> 01:17:12,360
Speaker 20: they can't get out either because you know, the river

1633
01:17:12,439 --> 01:17:15,280
Speaker 20: levels are up so high. There have been hundreds of rescues,

1634
01:17:15,400 --> 01:17:21,080
Speaker 20: absolute dickheads, pardon my French. The State Emergency Service, the rescue.

1635
01:17:20,800 --> 01:17:21,760
Speaker 3: Was are volunteers.

1636
01:17:21,960 --> 01:17:24,519
Speaker 20: They're going out time after time after time to get

1637
01:17:24,560 --> 01:17:28,160
Speaker 20: people out of trouble. They've driven into floodwaters idiots. The

1638
01:17:28,200 --> 01:17:30,639
Speaker 20: road might not even be there anymore, and they are

1639
01:17:30,800 --> 01:17:33,920
Speaker 20: just so frustrated the people who who were tasked with

1640
01:17:33,960 --> 01:17:36,920
Speaker 20: these rescues, because they put themselves at risk try to

1641
01:17:36,920 --> 01:17:39,960
Speaker 20: help these idiots. So there's been a lot of frustration,

1642
01:17:39,960 --> 01:17:42,360
Speaker 20: a lot of anger. The federal government's helping out. They've

1643
01:17:42,400 --> 01:17:46,280
Speaker 20: got army personnel coming in to help. You've got fodder drops,

1644
01:17:46,320 --> 01:17:50,760
Speaker 20: you've got aircraft helicopters out there fishing old people out

1645
01:17:50,800 --> 01:17:53,320
Speaker 20: of homes because they're sitting on the kitchen table as

1646
01:17:53,320 --> 01:17:54,160
Speaker 20: the water's coming up.

1647
01:17:54,160 --> 01:17:55,720
Speaker 3: It's just absolutely off the chart.

1648
01:17:56,080 --> 01:17:58,719
Speaker 2: Tell you why I'm interested, purely from a selfish region.

1649
01:17:59,040 --> 01:18:02,160
Speaker 2: I watched the the pastern of the weather and it

1650
01:18:02,240 --> 01:18:05,439
Speaker 2: seems to come in from the north and hook into

1651
01:18:05,479 --> 01:18:08,759
Speaker 2: New South Wales. Thus in the middle of the Tasman

1652
01:18:08,800 --> 01:18:10,960
Speaker 2: putting up a barrier because the northern part of New

1653
01:18:11,040 --> 01:18:15,639
Speaker 2: Zealand has had the most one spectacular summer and two

1654
01:18:15,640 --> 01:18:18,280
Speaker 2: of the most incredible autumn slash in the winter. For

1655
01:18:18,320 --> 01:18:20,040
Speaker 2: this last week in the northern part of the country,

1656
01:18:20,240 --> 01:18:24,680
Speaker 2: it's clear blue skies fifteen sixteen seventeen degrees every single day.

1657
01:18:24,680 --> 01:18:27,639
Speaker 2: It's just ridiculous. Meantime, I'm looking across at you guys swimming.

1658
01:18:29,000 --> 01:18:31,960
Speaker 20: Indeed, swimming is right, but and you know we're going

1659
01:18:32,040 --> 01:18:35,160
Speaker 20: to be swimming for a fairoh while the weather's contracting south.

1660
01:18:35,479 --> 01:18:37,559
Speaker 20: I've just hung up from the Weather Bureau of Angus Hines.

1661
01:18:37,720 --> 01:18:39,960
Speaker 20: He's another Kiwi fella here. I've been over here for

1662
01:18:40,000 --> 01:18:43,080
Speaker 20: a bit. He's based in Melbourne, so he's got his rich,

1663
01:18:43,120 --> 01:18:45,679
Speaker 20: thick New Zealand accent across the air waves.

1664
01:18:45,720 --> 01:18:46,240
Speaker 3: This morning.

1665
01:18:46,479 --> 01:18:48,680
Speaker 20: The weather is contracting south, so they're going to get

1666
01:18:48,920 --> 01:18:50,840
Speaker 20: on the News World's South Coast today.

1667
01:18:50,880 --> 01:18:51,400
Speaker 3: In Brisbane.

1668
01:18:51,400 --> 01:18:53,960
Speaker 20: I think it's twenty five degrees in sunny, so you

1669
01:18:54,000 --> 01:18:56,120
Speaker 20: only have to go south of the border, and you've

1670
01:18:56,120 --> 01:18:58,920
Speaker 20: got river levels that I've not seen before, so it's

1671
01:18:59,120 --> 01:19:01,960
Speaker 20: absolutely crazy. But when you think about Brisbane to Sydney

1672
01:19:02,080 --> 01:19:04,840
Speaker 20: is the lect of New Zealand, you can get some

1673
01:19:05,000 --> 01:19:08,760
Speaker 20: idea of the scale of the geography involved, so you know,

1674
01:19:08,840 --> 01:19:12,080
Speaker 20: different weather patterns I suppose aren't that unusual. I guess

1675
01:19:12,200 --> 01:19:15,120
Speaker 20: over that sort of length of coastline. But it has

1676
01:19:15,200 --> 01:19:17,280
Speaker 20: been all hands to the pumps literally.

1677
01:19:17,920 --> 01:19:22,439
Speaker 2: I was watching a Little Proud yesterday and what I've

1678
01:19:22,479 --> 01:19:24,439
Speaker 2: never seen such a mess in my life. One it

1679
01:19:24,479 --> 01:19:27,639
Speaker 2: fell apart and then it fell apart and I couldn't

1680
01:19:27,680 --> 01:19:29,720
Speaker 2: work out So why didn't you just go Look, we

1681
01:19:30,040 --> 01:19:33,679
Speaker 2: got smashed. You liberals particularly got smashed. Go away, sort

1682
01:19:33,720 --> 01:19:35,280
Speaker 2: out a few policies, come back and we'll have a

1683
01:19:35,360 --> 01:19:37,800
Speaker 2: chin wag instead of the whole we're not dealing with

1684
01:19:37,840 --> 01:19:40,519
Speaker 2: you anymore. And then having done that, they then go,

1685
01:19:40,640 --> 01:19:42,360
Speaker 2: oh dear, this is a bit of a mess. Let's

1686
01:19:42,400 --> 01:19:44,559
Speaker 2: have some crisis talk. So what the hell's going on?

1687
01:19:45,320 --> 01:19:47,960
Speaker 20: Okay, well there's a bunch of different things to unpack there.

1688
01:19:48,439 --> 01:19:50,280
Speaker 20: I wasn't aware of this, but David little Proud, the

1689
01:19:50,360 --> 01:19:54,080
Speaker 20: National's leader, the junior coalnition partner, Susan Lee, the brand new,

1690
01:19:54,240 --> 01:19:57,680
Speaker 20: freshly minted Liberal leader, they hate each other. And that

1691
01:19:57,840 --> 01:20:00,360
Speaker 20: goes back to two thousand and one when Susan Lee

1692
01:20:01,360 --> 01:20:03,799
Speaker 20: stood for the Liberal Party in the New South Wales

1693
01:20:03,880 --> 01:20:06,920
Speaker 20: country seat of Farah and she won, and she's there

1694
01:20:06,920 --> 01:20:10,120
Speaker 20: twenty four years later. So National Party members are the

1695
01:20:10,120 --> 01:20:13,040
Speaker 20: country members over here. They've got long memories. They don't

1696
01:20:13,080 --> 01:20:15,519
Speaker 20: like Susan Lee because she pinched a Bush seat for

1697
01:20:15,600 --> 01:20:19,280
Speaker 20: the Liberal Party. So that's that background of personalities. Little

1698
01:20:19,320 --> 01:20:21,640
Speaker 20: Proud is a little man. He's just a clown of

1699
01:20:21,640 --> 01:20:25,479
Speaker 20: a bloke. Barnaby Joyce, the National Party had some sort

1700
01:20:25,520 --> 01:20:29,240
Speaker 20: of presence. This guy, this Pence, narrow, little bloke from Queensland.

1701
01:20:29,560 --> 01:20:31,840
Speaker 20: He was you know, he threw his toys out of

1702
01:20:31,840 --> 01:20:34,280
Speaker 20: the cot on Tuesday and when all of a sudden

1703
01:20:34,280 --> 01:20:36,760
Speaker 20: they realized, hang on a second, we're the junior. This

1704
01:20:36,840 --> 01:20:39,040
Speaker 20: is the tail waggon that we're trying to wag the dog,

1705
01:20:39,520 --> 01:20:41,880
Speaker 20: and he and his team they scuttled back to the

1706
01:20:41,920 --> 01:20:44,920
Speaker 20: National Party caucus room, all eleven of them or something.

1707
01:20:45,160 --> 01:20:46,920
Speaker 20: They realized all of a sudden they wouldn't get the

1708
01:20:46,960 --> 01:20:49,880
Speaker 20: pay rises that come with being shadow ministers, and they said, oh,

1709
01:20:49,920 --> 01:20:51,920
Speaker 20: hang on a second, we actually haven't got any saying

1710
01:20:51,960 --> 01:20:55,600
Speaker 20: in parliament. In the Senate, they didn't even have party status.

1711
01:20:56,080 --> 01:20:57,800
Speaker 20: So they said, oh, hang on, Dave, you better go

1712
01:20:57,880 --> 01:21:00,840
Speaker 20: back and kissed Susan on the backside. Sorry, let'skiss and

1713
01:21:00,880 --> 01:21:04,559
Speaker 20: make up. It is absolutely a shambles. And just imagine

1714
01:21:04,600 --> 01:21:06,759
Speaker 20: if the Conservative side of politics out of here splits

1715
01:21:06,800 --> 01:21:09,920
Speaker 20: into two little rumps, Anthony Albaneza will be in Prime

1716
01:21:09,920 --> 01:21:10,759
Speaker 20: minister until.

1717
01:21:10,920 --> 01:21:13,160
Speaker 2: Fifty Yeah, exactly, it's funny.

1718
01:21:13,160 --> 01:21:14,040
Speaker 3: It's stupid.

1719
01:21:14,280 --> 01:21:17,000
Speaker 2: The Michelle Bullock, who I've got a lot of time

1720
01:21:17,040 --> 01:21:19,479
Speaker 2: for as the RB governor. So she cuts again and

1721
01:21:19,840 --> 01:21:22,920
Speaker 2: this commentary she ran that there's more where that came

1722
01:21:22,920 --> 01:21:25,080
Speaker 2: from if we need it. That indicates to me that

1723
01:21:25,160 --> 01:21:28,120
Speaker 2: things aren't that flash, which then dovetails into the election

1724
01:21:28,640 --> 01:21:30,559
Speaker 2: and the conversation you and I have had a million

1725
01:21:30,600 --> 01:21:32,519
Speaker 2: times leading up to it. That elbow's a bit on

1726
01:21:32,560 --> 01:21:34,720
Speaker 2: the nose, the economy is not that good and he

1727
01:21:34,840 --> 01:21:37,400
Speaker 2: might be in for a close run thing. Contrast what

1728
01:21:37,520 --> 01:21:39,640
Speaker 2: actually happened. These are fascinating times.

1729
01:21:40,200 --> 01:21:41,400
Speaker 3: Oh, there's no doubt about it.

1730
01:21:42,040 --> 01:21:45,120
Speaker 20: To your first point about Michelle Bullock, what a breadth

1731
01:21:45,120 --> 01:21:47,639
Speaker 20: of fresh air. I mean, she's actually out there addressing

1732
01:21:47,640 --> 01:21:50,880
Speaker 20: the media after the Reserve Bank decisions, explaining what the

1733
01:21:50,920 --> 01:21:53,960
Speaker 20: Bank Board has done and why they've done it. Inflation

1734
01:21:54,120 --> 01:21:56,960
Speaker 20: is within that target band that's come down, notwithstanding the

1735
01:21:57,040 --> 01:22:01,160
Speaker 20: fact employment's been bloody strong over here. Jobs are out

1736
01:22:01,160 --> 01:22:03,479
Speaker 20: there to be had. So that was a big worry that,

1737
01:22:04,000 --> 01:22:07,320
Speaker 20: you know, the very strong, continuing strong employment would really

1738
01:22:07,360 --> 01:22:10,519
Speaker 20: put in upward pressure on inflation. That hasn't happened. She's

1739
01:22:10,640 --> 01:22:12,760
Speaker 20: very happy, the board is very happy with where we're at.

1740
01:22:12,960 --> 01:22:14,840
Speaker 20: The big well, I suppose there are two big things.

1741
01:22:15,160 --> 01:22:19,160
Speaker 20: The enormous spending promises made by labor and by the opposition,

1742
01:22:19,240 --> 01:22:20,760
Speaker 20: of course, and the lead up to the election, how

1743
01:22:20,760 --> 01:22:22,400
Speaker 20: are we going to pay for those? And of course

1744
01:22:22,400 --> 01:22:25,040
Speaker 20: Donald Trump and the tariffs. What's going to happen globally

1745
01:22:25,080 --> 01:22:27,920
Speaker 20: because Australia is a trade dependent economy. We need other

1746
01:22:28,000 --> 01:22:30,960
Speaker 20: markets to buy our stuff, and you know China's going

1747
01:22:30,960 --> 01:22:32,920
Speaker 20: to keep buying. But you have to look beyond China

1748
01:22:33,400 --> 01:22:36,160
Speaker 20: because if China's going to be whacked with the US tariffs,

1749
01:22:36,160 --> 01:22:37,760
Speaker 20: that're going to be buying as much iron ore and

1750
01:22:37,840 --> 01:22:39,160
Speaker 20: coal and whatnot.

1751
01:22:39,560 --> 01:22:42,320
Speaker 3: So look it is. There are many balls in the air,

1752
01:22:42,360 --> 01:22:43,519
Speaker 3: but I think you're one.

1753
01:22:43,479 --> 01:22:47,000
Speaker 20: Hundred percent right, Michelle Bullock a very capable set of

1754
01:22:47,040 --> 01:22:49,160
Speaker 20: hands at a very difficult and challenging time.

1755
01:22:49,320 --> 01:22:51,280
Speaker 2: You're a very capable set of hands as well, Murray,

1756
01:22:51,320 --> 01:22:53,519
Speaker 2: and good looking. So you have a good even good week.

1757
01:22:53,640 --> 01:22:56,439
Speaker 2: Is nice to see Murray els goss A Testament eight

1758
01:22:56,479 --> 01:22:57,280
Speaker 2: forty five.

1759
01:22:58,600 --> 01:23:03,040
Speaker 1: The Mike Asking Breakfast Fall Show podcast on iHeartRadio powered

1760
01:23:03,040 --> 01:23:04,040
Speaker 1: by News Talks.

1761
01:23:03,760 --> 01:23:07,639
Speaker 2: At B Mike Dannel and Vicargoll at the Oyster Festival

1762
01:23:07,640 --> 01:23:10,240
Speaker 2: wanted into an impromptu performance by Jenny Mitchell, who I've

1763
01:23:10,280 --> 01:23:12,200
Speaker 2: never heard of. What A voice talked to her after

1764
01:23:12,240 --> 01:23:14,160
Speaker 2: the show suggested she should see if she can perform

1765
01:23:14,200 --> 01:23:17,120
Speaker 2: on your show. Apparently she already has when she released

1766
01:23:17,120 --> 01:23:18,880
Speaker 2: the previous Helping Me she has. We checked that house

1767
01:23:18,880 --> 01:23:21,559
Speaker 2: back in twenty twenty two, she has a new one out.

1768
01:23:21,960 --> 01:23:25,320
Speaker 2: She was with Jack on Saturday morning recently. Mike, how

1769
01:23:25,320 --> 01:23:27,920
Speaker 2: can you give the budget a seven? It's marking the

1770
01:23:27,920 --> 01:23:31,000
Speaker 2: week when government debt our debt is increasing by seventy

1771
01:23:31,000 --> 01:23:32,960
Speaker 2: three billion by twenty twenty nine. We all know there's

1772
01:23:32,960 --> 01:23:35,000
Speaker 2: a waste in this budget. But rather than cutting, we

1773
01:23:35,080 --> 01:23:37,799
Speaker 2: just keep borrowing more and more. It's a fair question,

1774
01:23:38,040 --> 01:23:40,400
Speaker 2: and I would have if they had gone harder, I

1775
01:23:40,439 --> 01:23:43,280
Speaker 2: would have given it an eight or nine. But you've

1776
01:23:43,280 --> 01:23:47,080
Speaker 2: got to understand in any given budget there's a political component,

1777
01:23:47,160 --> 01:23:49,640
Speaker 2: and the political component is that we are in so

1778
01:23:49,760 --> 01:23:53,160
Speaker 2: much fiscal trouble that really cutting to the bone, like

1779
01:23:53,320 --> 01:23:56,920
Speaker 2: really going hell for leather to doze, it would cost

1780
01:23:56,960 --> 01:23:59,840
Speaker 2: the government political support. Because as much as you and

1781
01:23:59,840 --> 01:24:02,240
Speaker 2: I I might you know, like to cut our cloth

1782
01:24:02,280 --> 01:24:05,519
Speaker 2: appropriately in a conservative fashion, there are no shortage of

1783
01:24:05,560 --> 01:24:08,080
Speaker 2: people who go I want some money, I like some money.

1784
01:24:08,160 --> 01:24:10,800
Speaker 2: I am reliant on money. You know, this working for

1785
01:24:10,840 --> 01:24:14,920
Speaker 2: families thing is John Key once called it communism by stealth,

1786
01:24:14,960 --> 01:24:17,400
Speaker 2: and he was right. And you've got part of the

1787
01:24:17,439 --> 01:24:19,920
Speaker 2: announcement yesterday. It was fourteen dollars. There's one hundred and

1788
01:24:19,960 --> 01:24:23,719
Speaker 2: forty two thousand families who suddenly got fourteen dollars more

1789
01:24:23,880 --> 01:24:26,439
Speaker 2: and that's one hundred and forty two thousand families ago.

1790
01:24:26,479 --> 01:24:28,800
Speaker 2: Thank you very much. I'll take that. And if you

1791
01:24:28,840 --> 01:24:30,800
Speaker 2: went to them and said, nah, you can give us

1792
01:24:30,840 --> 01:24:32,720
Speaker 2: that back. And by the way, working for families is off,

1793
01:24:32,760 --> 01:24:35,599
Speaker 2: they go what happened there? And there's a political component,

1794
01:24:35,680 --> 01:24:37,679
Speaker 2: so you've got to take that into account. I note

1795
01:24:37,680 --> 01:24:40,760
Speaker 2: this week, interestingly enough, they have announced or they had

1796
01:24:40,800 --> 01:24:43,760
Speaker 2: a boat. American Football NFL. They had a boat on

1797
01:24:43,800 --> 01:24:45,280
Speaker 2: a number of things. One of the things they kept

1798
01:24:45,360 --> 01:24:48,120
Speaker 2: was the tushbush, which would be follow NFL is a

1799
01:24:48,120 --> 01:24:49,880
Speaker 2: weird thing. And I won't explain it if you don't

1800
01:24:49,880 --> 01:24:53,320
Speaker 2: follow NFL because it doesn't matter. But it's slightly controversial.

1801
01:24:53,360 --> 01:24:55,639
Speaker 2: I don't see why it's so controversial. It's a play.

1802
01:24:56,240 --> 01:24:59,040
Speaker 2: It was made famous by the Philadelphia Eagles. They're very

1803
01:24:59,080 --> 01:25:02,160
Speaker 2: successful using them toush push play, and there was some

1804
01:25:02,200 --> 01:25:04,040
Speaker 2: sort of suggestion it could be gotten rid of a

1805
01:25:04,080 --> 01:25:05,439
Speaker 2: lot of owners voted to get rid of it, but

1806
01:25:05,520 --> 01:25:07,599
Speaker 2: when it came pushed came to shove, they passed it.

1807
01:25:07,600 --> 01:25:11,600
Speaker 2: So you did there, Well, yeah, I'm so clever. I

1808
01:25:11,600 --> 01:25:15,679
Speaker 2: didn't even notice anyway. More importantly, they voted to allow

1809
01:25:17,040 --> 01:25:21,640
Speaker 2: their players' professional players to be available for flag football,

1810
01:25:22,200 --> 01:25:23,680
Speaker 2: which is going to be at the Olympics. As of

1811
01:25:23,720 --> 01:25:28,280
Speaker 2: twenty twenty eight in Los Angeles, only one player per team,

1812
01:25:28,560 --> 01:25:33,280
Speaker 2: although players chasing the origin of country origin they may

1813
01:25:33,320 --> 01:25:35,719
Speaker 2: well end up obviously being more than one player per team.

1814
01:25:35,720 --> 01:25:39,479
Speaker 2: But nevertheless, flag football question, is that a sport? Not really?

1815
01:25:39,520 --> 01:25:43,160
Speaker 2: It's like touch football. If you put touch football in

1816
01:25:43,240 --> 01:25:45,519
Speaker 2: the Olympics, would you go, that's not serious, which is

1817
01:25:45,600 --> 01:25:47,920
Speaker 2: essentially what flag football is, and you'll have people like

1818
01:25:47,960 --> 01:25:51,280
Speaker 2: Patrick Mahomes playing touch football at the Olympic Games. The

1819
01:25:51,320 --> 01:25:53,519
Speaker 2: Olympics is not right. And that's before I get to pickle,

1820
01:25:54,080 --> 01:25:55,560
Speaker 2: which I'll come back to in a moment. Ten to

1821
01:25:55,640 --> 01:25:56,599
Speaker 2: nine The.

1822
01:25:56,720 --> 01:26:01,040
Speaker 1: Mike Hosking Breakfast with the Range Rover Villa tobs some.

1823
01:26:01,080 --> 01:26:02,559
Speaker 2: The thing about it over the weekend. If you're looking

1824
01:26:02,600 --> 01:26:04,479
Speaker 2: for a change of career, you might want to look

1825
01:26:04,479 --> 01:26:06,200
Speaker 2: at Hire a Hubby. So they've been around for over

1826
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Speaker 2: twenty five years now Hire a Hubby. They've helped deliver

1827
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Speaker 2: quality maintenance or renovation services to homes commercial properties all

1828
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Speaker 2: over the country and now it has never been easier

1829
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Speaker 2: to work with them because Hire a Hubby. You have

1830
01:26:15,920 --> 01:26:18,200
Speaker 2: got opportunities at the moment for you to run your

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01:26:18,280 --> 01:26:20,880
Speaker 2: own franchise. So when you join Hire a Hubby as

1832
01:26:20,920 --> 01:26:23,960
Speaker 2: a franchisee, you're able to turn your practical skills into

1833
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Speaker 2: basically a thriving business venture. So you become an integral

1834
01:26:26,720 --> 01:26:30,200
Speaker 2: part of helping everyday keewis transform their homes into a

1835
01:26:30,479 --> 01:26:32,920
Speaker 2: dream haven that they've been wanting. So win for you,

1836
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Speaker 2: win for them. You get to help people get real

1837
01:26:35,680 --> 01:26:37,240
Speaker 2: value out of their property. And at the same time,

1838
01:26:37,280 --> 01:26:39,120
Speaker 2: of course, you get the opportunity to be part of

1839
01:26:39,160 --> 01:26:42,240
Speaker 2: a network about the successful franchisees. And don't forget about

1840
01:26:42,280 --> 01:26:44,880
Speaker 2: the flexibility that you're afforded. There's no limit to how

1841
01:26:44,960 --> 01:26:47,640
Speaker 2: successful your business can be. Basically, you're taking control of

1842
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Speaker 2: your life. You're your own boss to dream come true

1843
01:26:50,720 --> 01:26:52,400
Speaker 2: for many people. So if you want some more information,

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Speaker 2: here's where you go. Hire a Hubby dot co dot

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Speaker 2: NZ Hire a hubby dot co dot nz pasking, I'm

1846
01:27:00,160 --> 01:27:03,719
Speaker 2: thinking be a beta in VHS here. So the biggest

1847
01:27:04,120 --> 01:27:08,240
Speaker 2: franchiser of Pickle, which is Pickler go to odd twenty

1848
01:27:08,240 --> 01:27:11,080
Speaker 2: locations in Japan. They've announced overnight they've sold five hundred

1849
01:27:11,120 --> 01:27:15,280
Speaker 2: locations worldwide. Pickle's huge, particularly in America. Now, pickle is

1850
01:27:15,320 --> 01:27:18,360
Speaker 2: the small court with a special batan a special ball,

1851
01:27:19,160 --> 01:27:23,120
Speaker 2: as opposed to paddle, which is an equally smaller court

1852
01:27:23,439 --> 01:27:25,519
Speaker 2: when I say smaller court from a tennis court, but

1853
01:27:25,600 --> 01:27:28,720
Speaker 2: it has walls, so it's sort of more like squash.

1854
01:27:29,120 --> 01:27:33,080
Speaker 2: So it's pickle the paddle, And my argument is the

1855
01:27:33,120 --> 01:27:36,599
Speaker 2: two cannot coexist and it's Beata Vhs all over again.

1856
01:27:36,640 --> 01:27:38,240
Speaker 2: So you've got to pick a site because you invest

1857
01:27:38,240 --> 01:27:41,400
Speaker 2: in both, someone's going to be unhappy. Five minutes away

1858
01:27:41,400 --> 01:27:42,080
Speaker 2: from nine.

1859
01:27:42,600 --> 01:27:47,280
Speaker 1: Trending now with Chemist Warehouse, Maya megasaled.

1860
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Speaker 2: On now Dyson, this is too exciting for words, Sir James.

1861
01:27:51,000 --> 01:27:52,200
Speaker 2: He's launched this in Japan.

1862
01:27:52,479 --> 01:27:55,680
Speaker 13: Each of these that the air app, the original supersonic,

1863
01:27:55,880 --> 01:28:00,440
Speaker 13: supersonic Neural and the supersonic car all have a diameter

1864
01:28:00,840 --> 01:28:04,320
Speaker 13: of thirty eight millimeters and you're in fact holding the

1865
01:28:04,360 --> 01:28:08,439
Speaker 13: motor in your hand. We've now done another product that

1866
01:28:08,600 --> 01:28:14,400
Speaker 13: is also thirty eight millimeters and diameter and it's the

1867
01:28:14,439 --> 01:28:16,920
Speaker 13: world's slimmest vacuum cleaner.

1868
01:28:21,360 --> 01:28:27,439
Speaker 2: That's low key Japan. It's called the Pencil vac It's

1869
01:28:27,560 --> 01:28:30,240
Speaker 2: just a tube, just a skinny little tube and it's

1870
01:28:30,240 --> 01:28:34,040
Speaker 2: got four rotating fluffy cones on the end. And do

1871
01:28:34,040 --> 01:28:36,719
Speaker 2: you know what Dyson have called the four rotating fluffy

1872
01:28:36,760 --> 01:28:39,439
Speaker 2: cones on the end fluffy cones.

1873
01:28:39,560 --> 01:28:43,439
Speaker 13: The other thing we've done is to expose the edges

1874
01:28:44,479 --> 01:28:46,800
Speaker 13: of the cleaner head so that you can go right

1875
01:28:46,840 --> 01:28:51,479
Speaker 13: into the edge of a wall and clean right up close,

1876
01:28:51,560 --> 01:28:56,519
Speaker 13: because all that's touching the wall is these soft fluffy bits.

1877
01:28:58,160 --> 01:29:02,120
Speaker 2: See I'm under that. Because they're cone shape, you don't

1878
01:29:02,160 --> 01:29:04,640
Speaker 2: get any hair tangled in the either. It's genius. The

1879
01:29:04,720 --> 01:29:08,719
Speaker 2: pencil back, it's not on sale yet, it is coming

1880
01:29:08,880 --> 01:29:14,640
Speaker 2: soon and I will be buying several. It sounds amazing.

1881
01:29:14,960 --> 01:29:18,400
Speaker 2: The only thing they've made that I don't is the fan. Yeah,

1882
01:29:18,720 --> 01:29:20,960
Speaker 2: if you've seen look it up, the circular fan. It's

1883
01:29:21,000 --> 01:29:24,560
Speaker 2: too noisy, makes too much noise. Apart from that, no

1884
01:29:24,600 --> 01:29:26,479
Speaker 2: one's a bigger Dison fan than me. Monico, What do

1885
01:29:26,479 --> 01:29:30,160
Speaker 2: you reckon this weekend? Monico? You can't pass it Monaco.

1886
01:29:30,280 --> 01:29:34,599
Speaker 2: So qualifying at Monaco is everything, So where we're waiting

1887
01:29:34,600 --> 01:29:36,920
Speaker 2: for the best. And also, by the way, statement of fact,

1888
01:29:37,000 --> 01:29:38,760
Speaker 2: worry is when they went and beat the Raiders, because

1889
01:29:38,800 --> 01:29:42,000
Speaker 2: the Bulldogs lost last night, Top of the Table, Top

1890
01:29:42,000 --> 01:29:43,360
Speaker 2: of the Table on Monday. I'm going to talk about

1891
01:29:43,400 --> 01:29:45,080
Speaker 2: being top of the table on Monday for at six o'clock.

1892
01:29:45,080 --> 01:29:47,240
Speaker 2: So we'll look forward to your company, think happy days.

1893
01:29:50,400 --> 01:29:53,280
Speaker 1: For more from the mic Asking Breakfast, listen live to

1894
01:29:53,400 --> 01:29:56,479
Speaker 1: news talks that'd be from six am weekdays, or follow

1895
01:29:56,520 --> 01:29:58,080
Speaker 1: the podcast on iHeartRadio.