1 00:00:00,160 --> 00:00:03,840 Speaker 1: To New Zealand's home for trusted news and views, the 2 00:00:04,040 --> 00:00:07,800 Speaker 1: Mic Hosking Breakfaitt with the range Rover, the la designed 3 00:00:08,000 --> 00:00:10,080 Speaker 1: to intrigue can use togs Head be an. 4 00:00:10,080 --> 00:00:12,520 Speaker 2: You welcome today the GDP number. We celebrate the fact 5 00:00:12,520 --> 00:00:14,880 Speaker 2: that we are at long last out of recession. We 6 00:00:14,880 --> 00:00:17,599 Speaker 2: look at Napu's doctor problem, or ranks from the Commerce Commission. 7 00:00:17,640 --> 00:00:19,880 Speaker 2: Over your phone companies, We're going to talk classic cars 8 00:00:19,880 --> 00:00:23,000 Speaker 2: in Central Otargo this weekend. Tipicate you, Ray Kuper as 9 00:00:23,000 --> 00:00:26,600 Speaker 2: to Richard Arnold and Murray Olds Pod Friday morning. Welcome 10 00:00:26,600 --> 00:00:29,159 Speaker 2: to at seven past six. Now, if you accept that 11 00:00:29,160 --> 00:00:31,040 Speaker 2: the government of struggling in the polls, you may well 12 00:00:31,080 --> 00:00:33,440 Speaker 2: accept the general notion that part of what is driving 13 00:00:33,440 --> 00:00:35,440 Speaker 2: that is the lack of runs on the board perhaps 14 00:00:35,479 --> 00:00:38,199 Speaker 2: and impatience is frustrating some of us. We voted to 15 00:00:38,200 --> 00:00:40,559 Speaker 2: get rid of the last lot on the understanding that 16 00:00:40,600 --> 00:00:42,680 Speaker 2: things have been wrecked and destroyed and there was this 17 00:00:42,760 --> 00:00:45,040 Speaker 2: new lot that we're going to put it right. Trouble 18 00:00:45,080 --> 00:00:48,879 Speaker 2: has been as they've tried to explain things. Fiscal cliffs 19 00:00:49,159 --> 00:00:51,360 Speaker 2: were a lot worse than anticipated. And the problem with 20 00:00:51,400 --> 00:00:53,720 Speaker 2: too many voters is we vote and move on and 21 00:00:53,760 --> 00:00:56,160 Speaker 2: then when we re engage, we expect fixes to problems 22 00:00:56,160 --> 00:00:58,080 Speaker 2: that are more complex than we gave them credit for. 23 00:00:58,480 --> 00:01:00,920 Speaker 2: So this government has announced a lot, changed a lot, 24 00:01:01,120 --> 00:01:03,440 Speaker 2: but the simple to read runs on the board are 25 00:01:03,440 --> 00:01:06,720 Speaker 2: only starting to trickle through. The downturn on crime would 26 00:01:06,760 --> 00:01:08,279 Speaker 2: be one of them. I would have thought. The police 27 00:01:08,319 --> 00:01:10,160 Speaker 2: focus on running up a few people so we feel 28 00:01:10,160 --> 00:01:12,480 Speaker 2: safe on the streets. That's a tangible Are the targets 29 00:01:12,520 --> 00:01:15,680 Speaker 2: on emergency housing being met years ahead of schedule? That's another, surely, 30 00:01:15,720 --> 00:01:19,800 Speaker 2: and yesterday. The gross domestic product the GDP, surely one 31 00:01:19,800 --> 00:01:22,080 Speaker 2: of the most important of all. It is the economy, 32 00:01:22,120 --> 00:01:25,319 Speaker 2: and the economy is everything pays, the bills retires that 33 00:01:25,400 --> 00:01:27,200 Speaker 2: it forks out for. The program sets the mood of 34 00:01:27,200 --> 00:01:29,720 Speaker 2: the nation. If you are growing, and as it turns out, 35 00:01:29,720 --> 00:01:32,000 Speaker 2: I think, the good Lord we are. You are moving forward, 36 00:01:32,000 --> 00:01:35,880 Speaker 2: and moving forward is what gets popular governments and governments reelective. 37 00:01:36,080 --> 00:01:38,280 Speaker 2: Everyone as in the experts had the number at anywhere 38 00:01:38,280 --> 00:01:41,320 Speaker 2: between zero point three and zero point five percent, importantly, 39 00:01:41,400 --> 00:01:43,760 Speaker 2: of course, in the right direction, in the positive. So 40 00:01:43,880 --> 00:01:47,000 Speaker 2: the actual figure zero point seven is better than expected 41 00:01:47,000 --> 00:01:48,520 Speaker 2: and must be the best of use. I would have 42 00:01:48,520 --> 00:01:50,920 Speaker 2: thought for a country that has spent more time in 43 00:01:50,960 --> 00:01:54,520 Speaker 2: recession than virtually anyone, certainly anyone we compare ourselves to 44 00:01:54,560 --> 00:01:57,920 Speaker 2: anyone in the OECD. This cannot be overstated in terms 45 00:01:57,920 --> 00:02:00,960 Speaker 2: of importance. Zero point seven surely comes with the sense 46 00:02:01,280 --> 00:02:03,200 Speaker 2: that there is more where that came from. So maybe, 47 00:02:03,320 --> 00:02:05,720 Speaker 2: just maybe we can turn our backs on the dark 48 00:02:05,800 --> 00:02:08,800 Speaker 2: days or in our case, dark years, that have dragged 49 00:02:08,840 --> 00:02:11,640 Speaker 2: this country to places economically it's never really been. No, 50 00:02:11,760 --> 00:02:13,760 Speaker 2: it is not over, and yes there is much to do, 51 00:02:14,040 --> 00:02:16,720 Speaker 2: But such a decent dare I suggest better than expected 52 00:02:16,760 --> 00:02:19,600 Speaker 2: number will tell you the current government might have got 53 00:02:19,639 --> 00:02:26,120 Speaker 2: a grip on the worst of it and turn the tide. 54 00:02:24,320 --> 00:02:25,320 Speaker 1: News of the world. 55 00:02:25,720 --> 00:02:28,720 Speaker 2: In ninety seconds, Europeans are together again for another one 56 00:02:28,720 --> 00:02:30,799 Speaker 2: of their what shall we do about the war chats? 57 00:02:30,840 --> 00:02:33,640 Speaker 2: The Norwegians are throwing more at the Ukrainians and weapons 58 00:02:33,639 --> 00:02:33,880 Speaker 2: in aid. 59 00:02:34,040 --> 00:02:38,280 Speaker 3: The trippening of Norwegian defense support to Ukraine is now 60 00:02:38,360 --> 00:02:43,720 Speaker 3: being immediately translated into support for artillery ammunition, for drone 61 00:02:43,840 --> 00:02:49,040 Speaker 3: capacity and also for investment in Ukraine's own industry. 62 00:02:49,160 --> 00:02:51,520 Speaker 2: It probably won't surprise you have learned Zelensky isn't that 63 00:02:51,600 --> 00:02:53,839 Speaker 2: keen on Donald's idea that he hand over the power 64 00:02:53,840 --> 00:02:54,919 Speaker 2: plants for the Americans. 65 00:02:55,000 --> 00:02:58,880 Speaker 4: All nuclear power plans belong to the people of Ukraine. 66 00:02:59,000 --> 00:03:04,440 Speaker 4: These are eight owned nuclear power plants Crimea, that is 67 00:03:04,560 --> 00:03:10,360 Speaker 4: Ukrainian Peninsula. Mister President Trump did not raise this issue. 68 00:03:09,919 --> 00:03:13,200 Speaker 2: With me, Soaqia, still ribbling in the newfound global status 69 00:03:13,200 --> 00:03:15,160 Speaker 2: as an all round good guy and problem solver, has 70 00:03:15,160 --> 00:03:16,920 Speaker 2: issued more reassurance today. 71 00:03:17,160 --> 00:03:20,920 Speaker 5: Those plans are focusing on keepping the sky safe, the 72 00:03:20,960 --> 00:03:24,760 Speaker 5: sea safe, and the borders safe and secure in Ukraine 73 00:03:24,840 --> 00:03:27,320 Speaker 5: and working with the Ukrainians. If there's a deal, it's 74 00:03:27,360 --> 00:03:30,000 Speaker 5: really important that we're able to react straight away. 75 00:03:30,200 --> 00:03:32,200 Speaker 2: The meantime, SAQIA is Mike David Lemming, who is the 76 00:03:32,240 --> 00:03:34,040 Speaker 2: Foreign Secretary, has been having a word back home for 77 00:03:34,080 --> 00:03:36,000 Speaker 2: the business community and laying it on thick as to 78 00:03:36,200 --> 00:03:38,120 Speaker 2: just how different this new labor lot really is. 79 00:03:38,240 --> 00:03:43,120 Speaker 6: The liberal assumptions of my youth have collapsed. We live 80 00:03:43,160 --> 00:03:47,640 Speaker 6: in a time of accelerating threats in which not just 81 00:03:47,760 --> 00:03:53,600 Speaker 6: our defense spending, but our whole socio economic model needs reshaping. 82 00:03:54,040 --> 00:03:56,640 Speaker 2: The IOC as in the Olympics, they voted in a 83 00:03:56,680 --> 00:03:58,720 Speaker 2: new president. Wouldn't you know it's a female. 84 00:03:58,800 --> 00:04:01,640 Speaker 7: As a nine year old girl, I never thought that 85 00:04:01,720 --> 00:04:04,760 Speaker 7: I would be standing up here one day. I will 86 00:04:04,840 --> 00:04:09,200 Speaker 7: lead this organization with so much pride, with the values 87 00:04:09,200 --> 00:04:13,080 Speaker 7: at the core, and I will make all of you very, 88 00:04:13,160 --> 00:04:13,760 Speaker 7: very proud. 89 00:04:14,160 --> 00:04:16,560 Speaker 2: And one of BEF one's great Eddie Jordan, has died. 90 00:04:16,600 --> 00:04:17,880 Speaker 2: He was fighting prostate cancer. 91 00:04:17,920 --> 00:04:21,159 Speaker 8: And Jordan was one of the biggest characters of Formula one, 92 00:04:22,080 --> 00:04:24,000 Speaker 8: absolutely irrepressible. 93 00:04:24,800 --> 00:04:25,760 Speaker 9: Everybody loved him. 94 00:04:27,120 --> 00:04:29,480 Speaker 8: It was such a strong character to have around that 95 00:04:29,520 --> 00:04:30,760 Speaker 8: there's a sensi humor. 96 00:04:31,760 --> 00:04:35,360 Speaker 2: Conor McGregor speaking of sportspeople, he's gone all political these days. 97 00:04:35,360 --> 00:04:36,599 Speaker 2: The other day we had him in the White House, 98 00:04:36,600 --> 00:04:38,839 Speaker 2: you might remember, and that briefing room ranting away. Today 99 00:04:38,880 --> 00:04:41,680 Speaker 2: a twelve day deadline has been issued by him for 100 00:04:41,760 --> 00:04:44,640 Speaker 2: the Irish government. He wants Ireland to dismantle a human 101 00:04:44,680 --> 00:04:47,279 Speaker 2: trafficking racket, to port some migrants and have more springent 102 00:04:47,320 --> 00:04:51,280 Speaker 2: border control. If they don't, they will receive papers who 103 00:04:51,279 --> 00:04:53,760 Speaker 2: claimed signed by him and the White House. Also, he 104 00:04:53,760 --> 00:04:56,000 Speaker 2: hasn't ruled out running for president. That's of Ireland, so 105 00:04:56,000 --> 00:04:58,039 Speaker 2: I'm sure that Michael Higgins will be quaking him his boots. 106 00:04:58,080 --> 00:05:01,080 Speaker 2: That's news of the world. In ninety Central Bank action 107 00:05:01,160 --> 00:05:03,720 Speaker 2: for you this morning. Bank of England overnight unchanged four 108 00:05:03,760 --> 00:05:05,480 Speaker 2: point five percent of that part of the world. Bank 109 00:05:05,520 --> 00:05:09,120 Speaker 2: of Japan yesterday afternoon unchanged their cash rates only at 110 00:05:09,200 --> 00:05:12,080 Speaker 2: zero point five percent, but they're an unusual economy. Central 111 00:05:12,080 --> 00:05:13,760 Speaker 2: Bank in China they get a couple of rates. The 112 00:05:13,760 --> 00:05:15,960 Speaker 2: one year loan prime rate at three point one, five 113 00:05:16,000 --> 00:05:18,640 Speaker 2: year at three point six that's unchanged as well. 114 00:05:18,920 --> 00:05:25,280 Speaker 1: Twelve past six, the Mike Asking Breakfast Full Show podcast 115 00:05:25,520 --> 00:05:28,680 Speaker 1: on iHeartRadio part My News talks eppy. 116 00:05:30,520 --> 00:05:33,440 Speaker 2: More economic data for your four point one percent in Australia, 117 00:05:33,480 --> 00:05:36,880 Speaker 2: that's the unemployment rate. It will probably worry Ald and 118 00:05:36,920 --> 00:05:41,160 Speaker 2: Easy seeing he's zoning in on an election because employment 119 00:05:41,720 --> 00:05:44,600 Speaker 2: fell by fifty three thousand. The overall number didn't change, 120 00:05:45,080 --> 00:05:47,400 Speaker 2: but fewer people are working in the participation rates down. 121 00:05:47,400 --> 00:05:49,200 Speaker 2: But we'll talk to Mariy Eld's about that. Shortly fifteen 122 00:05:49,240 --> 00:05:52,440 Speaker 2: past six, a business blido jam I Well Andrew Keller 123 00:05:52,520 --> 00:05:53,640 Speaker 2: had good morning. 124 00:05:54,080 --> 00:05:54,720 Speaker 10: Good morning mate. 125 00:05:54,760 --> 00:05:57,919 Speaker 2: I'll take zero point seven any day of the week. 126 00:05:58,520 --> 00:06:02,039 Speaker 11: Yeah, well, it does sound like you are luxuriating in 127 00:06:02,080 --> 00:06:05,400 Speaker 11: the glow of a growing economy. But do you think 128 00:06:05,600 --> 00:06:08,720 Speaker 11: the question is is everyone and it's it's not just 129 00:06:08,760 --> 00:06:11,200 Speaker 11: a facetious question because it sort of speaks to this 130 00:06:11,240 --> 00:06:14,880 Speaker 11: issue of sentiment because the economy turned around in the 131 00:06:15,000 --> 00:06:16,080 Speaker 11: last corps of last year. 132 00:06:16,440 --> 00:06:18,640 Speaker 10: But you know, it's the penetration of that mic. 133 00:06:18,800 --> 00:06:21,800 Speaker 11: You know, at the moment, the sort of resulting impact 134 00:06:21,960 --> 00:06:25,279 Speaker 11: is not widespread. I don't think so. The aggres sector 135 00:06:25,320 --> 00:06:27,120 Speaker 11: is definitely feeling it, aren't they. We know that, but 136 00:06:27,160 --> 00:06:30,520 Speaker 11: not broadly evidence. So, yeah, GDP grew by zero point 137 00:06:30,520 --> 00:06:33,520 Speaker 11: seven percent. That's production GDP in quarter four of twenty 138 00:06:33,600 --> 00:06:35,920 Speaker 11: twenty four. It does feel like that there is a 139 00:06:36,040 --> 00:06:39,479 Speaker 11: modicum of restraint in the celebrations, though, doesn't there You know, 140 00:06:39,560 --> 00:06:42,560 Speaker 11: it's if you look at the annual number, GDP was 141 00:06:42,600 --> 00:06:45,239 Speaker 11: still one point one percent lower over the twelve month period, 142 00:06:45,279 --> 00:06:47,600 Speaker 11: and I guess that gives you some indication of why 143 00:06:47,839 --> 00:06:50,919 Speaker 11: there might be that restraint. And on a mike, this 144 00:06:51,000 --> 00:06:54,560 Speaker 11: is the one I like. Per capita basis, GDP grew 145 00:06:54,720 --> 00:06:59,159 Speaker 11: by zero point four percent. How leiluljah, that hasn't happened 146 00:06:59,160 --> 00:07:02,200 Speaker 11: for quite a while. GDP per capital numbers above zero. 147 00:07:02,320 --> 00:07:05,280 Speaker 11: It's still four point four percent below the peak back 148 00:07:05,279 --> 00:07:06,240 Speaker 11: in twenty twenty two. 149 00:07:06,760 --> 00:07:08,960 Speaker 10: But you made the point. The result was well ahead of. 150 00:07:08,839 --> 00:07:12,840 Speaker 11: Both the central bank expectations and market expectations, so you know, 151 00:07:12,920 --> 00:07:13,720 Speaker 11: that's pretty good. 152 00:07:15,280 --> 00:07:16,000 Speaker 10: What we need to. 153 00:07:15,920 --> 00:07:18,520 Speaker 11: See now is the momentum and sustainability. So that's sort 154 00:07:18,560 --> 00:07:20,880 Speaker 11: of the rubb, isn't it. So you had two quarters 155 00:07:20,880 --> 00:07:23,920 Speaker 11: of pretty negative growth in quarter two and quarter three, 156 00:07:24,160 --> 00:07:26,000 Speaker 11: so they were really really ugly, So you're. 157 00:07:25,800 --> 00:07:28,200 Speaker 10: Coming off quite a low base. Still a lot of 158 00:07:28,240 --> 00:07:29,240 Speaker 10: noise in the data. 159 00:07:29,280 --> 00:07:31,600 Speaker 11: But look, Mike, I reckon, we need to just park 160 00:07:31,680 --> 00:07:33,720 Speaker 11: all of that stuff for a moment, Just park it 161 00:07:33,760 --> 00:07:36,320 Speaker 11: all and take a moment to celebrate that growth is 162 00:07:36,360 --> 00:07:39,360 Speaker 11: moving in the right direction, and we shall be pleased 163 00:07:39,400 --> 00:07:42,920 Speaker 11: about that. What contributed to the outcome, Look, there were 164 00:07:42,920 --> 00:07:46,480 Speaker 11: some technical factors in that there's a balancing item in 165 00:07:46,520 --> 00:07:49,000 Speaker 11: there that was zero point three percent. That's when you've 166 00:07:49,040 --> 00:07:52,080 Speaker 11: got a zero point seven percent outcome, that's almost half 167 00:07:52,200 --> 00:07:55,600 Speaker 11: of the GDPs and a balancing item. Services sector zero 168 00:07:55,680 --> 00:07:57,600 Speaker 11: point eight above expectations. 169 00:07:57,960 --> 00:07:59,880 Speaker 10: Healthcare and social assistance. 170 00:07:59,440 --> 00:08:03,120 Speaker 11: In particular, their professional services contracted a little bit. There's 171 00:08:03,120 --> 00:08:05,480 Speaker 11: a little bit of concern about that because you know, 172 00:08:05,520 --> 00:08:08,160 Speaker 11: you would have thought if the if the economy had momentum, 173 00:08:08,520 --> 00:08:10,880 Speaker 11: you'd start to see a lift in the professional services, 174 00:08:11,040 --> 00:08:15,440 Speaker 11: big jump and utilities, electricity, gas, water. That reverses previous 175 00:08:15,520 --> 00:08:20,320 Speaker 11: quarter fall Monetary policy implications I think might fairly limited. 176 00:08:20,960 --> 00:08:24,280 Speaker 11: Still plenty of spare capacity in the economy. Look, it's 177 00:08:24,320 --> 00:08:27,640 Speaker 11: I think you could say those people pointing towards a 178 00:08:27,680 --> 00:08:31,160 Speaker 11: two point seventy five percent ocr that might be a 179 00:08:31,200 --> 00:08:34,000 Speaker 11: little bit optimistic. Now I think you can bank on 180 00:08:34,080 --> 00:08:36,080 Speaker 11: three in a quarter and then below that, we'll just 181 00:08:36,160 --> 00:08:40,040 Speaker 11: have to wait and see. Currencies actually lower overnight slightly 182 00:08:40,040 --> 00:08:43,880 Speaker 11: lower HOLESO rates, but nothing significant. You got to remember, unfortunately, 183 00:08:43,880 --> 00:08:46,280 Speaker 11: GDP wasn't the only show in town Yesta because the 184 00:08:46,360 --> 00:08:49,200 Speaker 11: headline act arguably or ed ungraud was probably the Fed. 185 00:08:49,280 --> 00:08:52,880 Speaker 11: And when we make of that, look markets haven't really 186 00:08:52,960 --> 00:08:55,120 Speaker 11: markets are sort of fairly muted, really, I mean the 187 00:08:55,160 --> 00:08:58,160 Speaker 11: Fed left rates unchanged at at the seven o'clot yesterday morning. 188 00:08:58,320 --> 00:08:59,720 Speaker 10: That was the expected outcome. 189 00:09:00,400 --> 00:09:02,560 Speaker 11: Any interest I think was really going to be in 190 00:09:02,600 --> 00:09:05,920 Speaker 11: the sort of post press conference comments around economy, tariffs, 191 00:09:06,240 --> 00:09:10,240 Speaker 11: forward track of expected move and Fed funds rate look 192 00:09:10,320 --> 00:09:12,640 Speaker 11: in that there was a nod to the current situation 193 00:09:12,920 --> 00:09:16,600 Speaker 11: in the commentary. They said uncertainty in the economy has increased, 194 00:09:16,640 --> 00:09:20,320 Speaker 11: So maybe that does suggest some trepidation about what's happening. 195 00:09:20,360 --> 00:09:24,280 Speaker 11: They revised their growth expectations. We're sitting at two point 196 00:09:24,320 --> 00:09:27,120 Speaker 11: one for this year, now at one point seven, then 197 00:09:27,160 --> 00:09:28,280 Speaker 11: one point eight for. 198 00:09:28,360 --> 00:09:29,480 Speaker 10: Twenty six twenty seven. 199 00:09:29,480 --> 00:09:32,760 Speaker 11: That's sort of on long term averages, risking the lad 200 00:09:32,840 --> 00:09:37,040 Speaker 11: market and now high. In the post press conference, Powell 201 00:09:37,240 --> 00:09:39,320 Speaker 11: said a couple of interesting comments. So he said a 202 00:09:39,360 --> 00:09:43,520 Speaker 11: good part of their higher inflationary expectations comes from tariff's 203 00:09:44,120 --> 00:09:47,400 Speaker 11: but you take weaker growth and higher inflation together and 204 00:09:47,400 --> 00:09:48,640 Speaker 11: they sort of offset each. 205 00:09:48,480 --> 00:09:49,959 Speaker 10: Other, they balance each other out. 206 00:09:50,120 --> 00:09:53,800 Speaker 11: He said they really didn't know if the inflationary aspects 207 00:09:53,800 --> 00:09:56,160 Speaker 11: of tariff will be tempered or not. And he poured 208 00:09:56,200 --> 00:09:58,280 Speaker 11: a little bit of cold water on a recent lift 209 00:09:58,280 --> 00:10:00,840 Speaker 11: in inflationary expectations, said, that's an outline. 210 00:10:00,880 --> 00:10:01,560 Speaker 10: That's the one off. 211 00:10:01,840 --> 00:10:04,840 Speaker 11: Still talking about two cuts this year, so market's pretty stable. 212 00:10:05,160 --> 00:10:08,360 Speaker 11: Was still waiting to see this kind of a little 213 00:10:08,360 --> 00:10:10,400 Speaker 11: bit of a showdown between Powell and Trump, and. 214 00:10:10,320 --> 00:10:11,280 Speaker 10: There was a little bit of that. 215 00:10:11,320 --> 00:10:14,040 Speaker 11: Trump put out a social media post saying he wants 216 00:10:14,080 --> 00:10:16,720 Speaker 11: lower rates now, but at the moment that one is 217 00:10:16,760 --> 00:10:19,240 Speaker 11: still sort of just bubbling under the surface. 218 00:10:19,080 --> 00:10:22,080 Speaker 2: Right O, numbers please, The Dow Jones is up sixty 219 00:10:22,080 --> 00:10:22,680 Speaker 2: two points. 220 00:10:23,080 --> 00:10:26,240 Speaker 11: It's forty twenty twenty seven, so a very small rise there. 221 00:10:26,360 --> 00:10:27,840 Speaker 10: The S and P five hundred down. 222 00:10:27,679 --> 00:10:30,000 Speaker 11: Small, it's down five points as I look at it, 223 00:10:30,080 --> 00:10:33,520 Speaker 11: five sixty sixty nine, and the NASTAC also relatively unchanged, 224 00:10:33,559 --> 00:10:37,320 Speaker 11: down thirty one points seventeen seven hundred and twenty overnight. 225 00:10:37,840 --> 00:10:39,560 Speaker 11: Not much of a moving the foots to one hundred 226 00:10:39,640 --> 00:10:43,440 Speaker 11: down eight points, the nick A down quarter percent thirty 227 00:10:43,480 --> 00:10:46,240 Speaker 11: seven thousand, seven hundred and fifty one. The Shanghai Composit 228 00:10:46,320 --> 00:10:48,880 Speaker 11: lost half a percent three four eight. 229 00:10:48,920 --> 00:10:50,240 Speaker 10: The Aussies, yes, they had a good day. 230 00:10:50,720 --> 00:10:53,280 Speaker 11: They gained over one percent seven nine to one eight 231 00:10:53,760 --> 00:10:56,839 Speaker 11: and then the next fifty relatively unchanged, yes as well, 232 00:10:56,920 --> 00:11:00,200 Speaker 11: up eight points twelve fifty four. Kiwi doris a it 233 00:11:00,240 --> 00:11:02,839 Speaker 11: is weaker over night point five seven four four against 234 00:11:02,880 --> 00:11:06,040 Speaker 11: the US point nine one two Sissie point five two 235 00:11:06,120 --> 00:11:08,400 Speaker 11: nine four against the Euro, point four to four to 236 00:11:08,480 --> 00:11:10,839 Speaker 11: three against the pound eighty five point four to six 237 00:11:11,200 --> 00:11:13,880 Speaker 11: as the number against the Japanese end gold still strong 238 00:11:14,320 --> 00:11:17,080 Speaker 11: three thousand and thirty seven US dollars and Brent Crew 239 00:11:17,200 --> 00:11:20,000 Speaker 11: just being a little bit unruly seventy one dollars and 240 00:11:20,080 --> 00:11:20,800 Speaker 11: eighty six cents. 241 00:11:21,840 --> 00:11:23,080 Speaker 10: See that. Carry on doing all right? 242 00:11:23,160 --> 00:11:24,440 Speaker 2: No, we do not. You have a good week. Hen 243 00:11:24,480 --> 00:11:26,840 Speaker 2: we'll see you next week. Andrew Callaheaer, j Amiwealth dot 244 00:11:26,880 --> 00:11:30,520 Speaker 2: co dot in zast West in the business Boston Celtics 245 00:11:30,520 --> 00:11:32,720 Speaker 2: have been sold six point one billion. That's US. It's 246 00:11:32,720 --> 00:11:35,280 Speaker 2: about eight hundred million New Zealand dollars or billion New 247 00:11:35,360 --> 00:11:37,920 Speaker 2: Zealand dollars. Private equity firm have picked them up. A family. 248 00:11:37,920 --> 00:11:39,720 Speaker 2: They all it's all owned by families. It was the 249 00:11:39,880 --> 00:11:42,120 Speaker 2: the Grousbeck family. They hang around for a couple of years. 250 00:11:42,120 --> 00:11:44,000 Speaker 2: But six point one billion is what it's been sold for. 251 00:11:44,760 --> 00:11:47,720 Speaker 2: And I note the breakers have been sold here with 252 00:11:47,880 --> 00:11:50,480 Speaker 2: myle mate, Leon Grise and his brother. I didn't know 253 00:11:50,520 --> 00:11:51,959 Speaker 2: he had a brother, but Leon Gris is one of 254 00:11:52,000 --> 00:11:54,400 Speaker 2: the nicest New Zealanders you will ever meet. It hasn't 255 00:11:54,440 --> 00:11:57,480 Speaker 2: been officially announced, so we don't know anything. But apparently 256 00:11:57,480 --> 00:11:59,360 Speaker 2: that news is coming to us officially on Monday, so 257 00:11:59,400 --> 00:12:01,920 Speaker 2: we'll look forward to that. Six twenty one your reviews talk. 258 00:12:01,760 --> 00:12:11,160 Speaker 1: Said the Mic Asking Breakfast Full Show podcast on iHeartRadio 259 00:12:11,400 --> 00:12:12,440 Speaker 1: powered by News. 260 00:12:12,200 --> 00:12:14,079 Speaker 10: Talks at b Geez. 261 00:12:14,080 --> 00:12:16,160 Speaker 2: You're not having it, Mike. You commentators are correct This 262 00:12:16,200 --> 00:12:18,320 Speaker 2: is one number. GDP per capita at zero point four 263 00:12:18,360 --> 00:12:20,000 Speaker 2: percent is not going to be felt by the majority. 264 00:12:20,080 --> 00:12:22,360 Speaker 2: Until twenty twenty eight, Mike, it was only above forecasts 265 00:12:22,360 --> 00:12:24,920 Speaker 2: because of the balancing item. People are getting carried away, Mike. 266 00:12:25,040 --> 00:12:27,560 Speaker 2: Is the re margin of error with the GDP numbers 267 00:12:27,600 --> 00:12:30,000 Speaker 2: because I'm not seeing it, sort of they can revise 268 00:12:30,040 --> 00:12:32,920 Speaker 2: at a later date, Mike, nothing is changing, or if so, 269 00:12:33,440 --> 00:12:36,040 Speaker 2: it's not noticeable. But it's still nine dollars plus. Let 270 00:12:36,040 --> 00:12:39,280 Speaker 2: me come back to that. You're miserable bastards. Zero point 271 00:12:39,360 --> 00:12:42,160 Speaker 2: seven is a very good number, and I'll explain more later. 272 00:12:42,280 --> 00:12:43,280 Speaker 2: Six twenty five. 273 00:12:43,480 --> 00:12:48,199 Speaker 1: Trending now with Chemist Warehouse, the home of big brand ftamens. 274 00:12:48,320 --> 00:12:51,559 Speaker 2: Now not only conspiracy theorists. I mean, what's going on here? 275 00:12:51,559 --> 00:12:53,760 Speaker 2: There's no smoking guns in the JFK files who follow 276 00:12:53,800 --> 00:12:57,600 Speaker 2: there's nothing there. So now they're reltigating the Emmanuel Macron 277 00:12:57,679 --> 00:12:59,880 Speaker 2: wife story. So just to recap that. In twenty twenty 278 00:12:59,880 --> 00:13:02,920 Speaker 2: one one, a far right French blogger made the original 279 00:13:02,960 --> 00:13:06,240 Speaker 2: claim that Brijitte and her brother ju Michid were actually 280 00:13:06,240 --> 00:13:08,680 Speaker 2: the same person. So this was bolted, advising to be 281 00:13:08,760 --> 00:13:11,160 Speaker 2: with a spiritual medium who agreed with them, so there 282 00:13:11,240 --> 00:13:14,280 Speaker 2: was that. Unfortunately that didn't go well because they got 283 00:13:14,280 --> 00:13:16,920 Speaker 2: taken to court we found guilty of slander. Anyway, it 284 00:13:16,960 --> 00:13:19,800 Speaker 2: was then picked up by US conspiracy lover Candas Owens. 285 00:13:19,840 --> 00:13:21,599 Speaker 2: You know Candas. She was the one who had a 286 00:13:21,640 --> 00:13:24,360 Speaker 2: little scrap hat here over her visa and was denied 287 00:13:24,360 --> 00:13:26,120 Speaker 2: of visa until the government stepped and now she has 288 00:13:26,160 --> 00:13:28,640 Speaker 2: a visa. Anyway, she's been big on the Brigitte is 289 00:13:28,640 --> 00:13:31,800 Speaker 2: a man since twenty twenty three. Now our old mate 290 00:13:31,800 --> 00:13:34,200 Speaker 2: Taka Carlson's decided to run with it. 291 00:13:35,000 --> 00:13:38,880 Speaker 12: I mean President Francis wife was accused first by French 292 00:13:39,000 --> 00:13:42,280 Speaker 12: journalists and then by my friend. Candace Owens was one 293 00:13:42,320 --> 00:13:46,080 Speaker 12: of the nicest people I've ever met. Actually, she's very 294 00:13:46,160 --> 00:13:48,520 Speaker 12: muchmor She's incredible. But she comes out and she's like, 295 00:13:48,640 --> 00:13:54,240 Speaker 12: I will wager my professional credibility on the claim that 296 00:13:54,520 --> 00:13:58,000 Speaker 12: mccrone's waife is actually a man. And I was like, 297 00:13:59,160 --> 00:14:01,240 Speaker 12: I was like, ah, canis Owans? 298 00:14:01,280 --> 00:14:03,720 Speaker 2: I love you, but I think this is too crazy. 299 00:14:03,880 --> 00:14:06,680 Speaker 12: Yeah, and then it turns out she's right. 300 00:14:08,000 --> 00:14:13,120 Speaker 2: My mind is plown, is she he? Anyways, more, we've 301 00:14:13,160 --> 00:14:16,959 Speaker 2: got some TikTok action from a woman called Gabby Garcia. 302 00:14:16,960 --> 00:14:20,800 Speaker 13: The French president is married to a trans woman, and 303 00:14:20,840 --> 00:14:24,920 Speaker 13: not just any trans woman, but his own father, his father. 304 00:14:25,200 --> 00:14:26,480 Speaker 14: I know that it sounds insane. 305 00:14:27,080 --> 00:14:29,960 Speaker 2: It is insane because you're insane, and you don't have 306 00:14:30,000 --> 00:14:32,600 Speaker 2: to set that sort of madness to music. Why did 307 00:14:32,800 --> 00:14:35,320 Speaker 2: mad people set it all to music? Anyway, back to 308 00:14:35,320 --> 00:14:37,840 Speaker 2: the business of the GDP. I saw some research the 309 00:14:37,920 --> 00:14:39,560 Speaker 2: other day. I don't think it's been made public, but 310 00:14:39,640 --> 00:14:42,080 Speaker 2: we're in a funk as a nation post COVID. We're 311 00:14:42,080 --> 00:14:44,240 Speaker 2: in a big funk, and we're determined to be in 312 00:14:44,280 --> 00:14:46,000 Speaker 2: a funk, and we don't know how to get out 313 00:14:46,040 --> 00:14:47,800 Speaker 2: of our funk. And that sort of backs up what 314 00:14:47,840 --> 00:14:49,960 Speaker 2: I've just seen in those texts, because zero point seven 315 00:14:50,000 --> 00:14:53,280 Speaker 2: and zero point seven it is higher than everybody thought 316 00:14:53,320 --> 00:14:55,400 Speaker 2: it would be. It is better than everybody thought it 317 00:14:55,400 --> 00:14:58,040 Speaker 2: would be, and yet we still refuse to see it. 318 00:14:58,360 --> 00:15:02,400 Speaker 2: Explain that to mes. 319 00:15:01,760 --> 00:15:04,880 Speaker 1: Setting me a gender and talking the big issues. The 320 00:15:05,080 --> 00:15:10,880 Speaker 1: Mike Hosking Breakfast with Bailey's real Estate altogether better across residential, commercial, 321 00:15:11,000 --> 00:15:12,440 Speaker 1: and rural news togs. 322 00:15:12,160 --> 00:15:14,960 Speaker 2: Head by Hi Mike. So finally some positive GDP growth, 323 00:15:15,000 --> 00:15:17,080 Speaker 2: small but positive. Rome wasn't built in a day, so 324 00:15:17,160 --> 00:15:19,360 Speaker 2: it's a long road to recovery in our economy. It's 325 00:15:19,360 --> 00:15:21,160 Speaker 2: a pity that the likes of Craig Rennie, who's a 326 00:15:21,200 --> 00:15:23,680 Speaker 2: CTU union slash economist, didn't think it was positive. Well 327 00:15:23,720 --> 00:15:26,000 Speaker 2: he wouldn't, would he, Mike. I work in trade sales. 328 00:15:26,040 --> 00:15:29,360 Speaker 2: That's getting busier. Floors are busier, more traffic, it's already started. 329 00:15:29,440 --> 00:15:31,400 Speaker 2: Good Mike, I'm with you. The rising GDP for our 330 00:15:31,440 --> 00:15:34,040 Speaker 2: last quarter of twenty four was just about the highest 331 00:15:34,080 --> 00:15:36,040 Speaker 2: in the world, according to AI and Brian. As we 332 00:15:36,120 --> 00:15:39,120 Speaker 2: all know, AI can't possibly be wrong. Twenty three to seven. 333 00:15:40,680 --> 00:15:42,680 Speaker 2: Trump me the Fed with Richard Arnold in a couple 334 00:15:42,720 --> 00:15:44,480 Speaker 2: of moments, Actually can you handle? Buckle up? And you 335 00:15:44,520 --> 00:15:48,000 Speaker 2: hadn't even more good news the farming That is the 336 00:15:48,200 --> 00:15:49,920 Speaker 2: story of the year, as far as I can work out, 337 00:15:50,000 --> 00:15:52,440 Speaker 2: so Fonterra coming to the party with an eight percent 338 00:15:52,520 --> 00:15:54,680 Speaker 2: lift in its first half net profit dividends of twenty 339 00:15:54,720 --> 00:15:56,920 Speaker 2: two cents per share, and that midpoint at the farm gate, 340 00:15:56,960 --> 00:15:59,960 Speaker 2: of course, is sitting around ten bucks. A dairy insights consultant, 341 00:16:00,000 --> 00:16:02,040 Speaker 2: Steve Davison's with us on this STU morning. 342 00:16:02,840 --> 00:16:04,480 Speaker 15: Good morning, Mike, how are you well? 343 00:16:04,640 --> 00:16:05,200 Speaker 2: You're fizzing. 344 00:16:06,280 --> 00:16:08,680 Speaker 15: Oh mate, I am fizzing, and I think the entire 345 00:16:08,720 --> 00:16:10,680 Speaker 15: industry is to be honest, you know, it's a pretty 346 00:16:10,840 --> 00:16:13,680 Speaker 15: uncommon results. He strong milk price and a strong dividend 347 00:16:14,120 --> 00:16:14,760 Speaker 15: in the same. 348 00:16:14,640 --> 00:16:17,160 Speaker 2: Season, exactly, and we've got a forecast for the same 349 00:16:17,240 --> 00:16:19,000 Speaker 2: next year, which is highly unusual. 350 00:16:19,920 --> 00:16:22,480 Speaker 15: Yeah, exactly, yeah, back and back. Good milk for rices 351 00:16:22,600 --> 00:16:24,960 Speaker 15: is not very common. You know, we send it in 352 00:16:25,000 --> 00:16:27,440 Speaker 15: the futures markets. How long it lasts up the question, 353 00:16:27,560 --> 00:16:29,240 Speaker 15: but you know, right, the wave while we've got. 354 00:16:29,160 --> 00:16:32,320 Speaker 2: It exactly the money, just to put it into perspective 355 00:16:32,360 --> 00:16:35,320 Speaker 2: for people who don't follow the rural economy, this is 356 00:16:35,440 --> 00:16:38,280 Speaker 2: billions and it goes into the economy, It goes into 357 00:16:38,280 --> 00:16:40,880 Speaker 2: small town New Zealand, which it goes into the whole economy. 358 00:16:40,920 --> 00:16:43,960 Speaker 2: A country this size cannot help but be affected by 359 00:16:44,120 --> 00:16:46,280 Speaker 2: billions of dollars from the farming community, can it. 360 00:16:47,080 --> 00:16:48,880 Speaker 15: No, you're exactly right. And that's you know, that's what 361 00:16:48,960 --> 00:16:50,960 Speaker 15: they say. Fifty cents of every dollar of the power 362 00:16:51,040 --> 00:16:54,240 Speaker 15: gets spent in communities, royal communities, all the New Zealand economy. 363 00:16:54,320 --> 00:16:58,120 Speaker 15: So New Zealand again rides the wave of the dairy 364 00:16:58,120 --> 00:17:01,040 Speaker 15: industry and the export channels that this opens up and 365 00:17:01,360 --> 00:17:03,040 Speaker 15: earns from the world. It's pretty impressive. 366 00:17:03,080 --> 00:17:06,040 Speaker 2: And this result aspects that without sucking up to him 367 00:17:06,040 --> 00:17:08,000 Speaker 2: too much, because he's on the program again next week. 368 00:17:08,119 --> 00:17:10,080 Speaker 2: How much of this do you put down to Hurrale? 369 00:17:10,359 --> 00:17:12,040 Speaker 2: I mean, he seems if you go back to the 370 00:17:12,080 --> 00:17:15,120 Speaker 2: Spearing years, to the Hurrale years, this is a completely 371 00:17:15,440 --> 00:17:17,960 Speaker 2: different story. Is it him or is it just Luck? 372 00:17:19,119 --> 00:17:20,000 Speaker 2: I think it's him, but I. 373 00:17:20,000 --> 00:17:22,200 Speaker 15: Think it's also the whole team too. Like you know, 374 00:17:22,320 --> 00:17:24,440 Speaker 15: to your point about not sticking up to Miles, he's done. 375 00:17:24,560 --> 00:17:26,240 Speaker 15: He has done very well. But and he'll say so 376 00:17:26,400 --> 00:17:28,640 Speaker 15: himself that the whole team is pointing in the same 377 00:17:28,720 --> 00:17:30,520 Speaker 15: direction too, which is pretty cool. You know that there's 378 00:17:30,960 --> 00:17:33,120 Speaker 15: some really interesting insights coming out of the co op 379 00:17:33,160 --> 00:17:35,720 Speaker 15: and they really understand where they went wrong in the past, 380 00:17:35,800 --> 00:17:37,920 Speaker 15: and they really understand what they need to do right 381 00:17:38,560 --> 00:17:41,639 Speaker 15: to keep this sort of performance going forward into the future, 382 00:17:42,000 --> 00:17:43,800 Speaker 15: not to mention, you know, keep their place in New 383 00:17:43,880 --> 00:17:45,639 Speaker 15: Zealand as the largest co op as well. You know, 384 00:17:45,680 --> 00:17:49,159 Speaker 15: they've got competition from alternative processes of New Zealander farmers 385 00:17:49,240 --> 00:17:52,520 Speaker 15: can can and are making the choices to change, and 386 00:17:52,600 --> 00:17:54,679 Speaker 15: so that's really important when they think about their results 387 00:17:54,720 --> 00:17:57,080 Speaker 15: and milk prices, you know, to stop that ebb and 388 00:17:57,200 --> 00:17:58,959 Speaker 15: flow of milk leaving the co op. 389 00:17:59,280 --> 00:18:02,119 Speaker 2: Which brings me to my current conundrum, which if he 390 00:18:02,280 --> 00:18:04,840 Speaker 2: knows what he's doing, then I shouldn't be arguing against him. 391 00:18:04,840 --> 00:18:06,439 Speaker 2: But and I think this consumer thing he's looking at 392 00:18:06,480 --> 00:18:08,479 Speaker 2: the IPO or the trade sale, I think is a mistake. 393 00:18:08,560 --> 00:18:09,399 Speaker 2: Do you have a view on that? 394 00:18:10,560 --> 00:18:13,040 Speaker 15: Yeah, I would have thought the same about a year 395 00:18:13,080 --> 00:18:15,880 Speaker 15: ago two and having talked to the team at Fonterra 396 00:18:15,960 --> 00:18:17,960 Speaker 15: about the same topic over the last year, I kind 397 00:18:18,000 --> 00:18:21,359 Speaker 15: of see their point around why the viewers to remove it. 398 00:18:21,840 --> 00:18:24,080 Speaker 15: It does continue to earn the less in terms of 399 00:18:24,200 --> 00:18:27,000 Speaker 15: return on capital. It is a bit of a complicated 400 00:18:27,119 --> 00:18:30,680 Speaker 15: arm of the cop and having the power to say, 401 00:18:30,720 --> 00:18:32,480 Speaker 15: you know what, actually when we're maybe not the best 402 00:18:32,560 --> 00:18:34,840 Speaker 15: I think it is a pretty brave call, but kind 403 00:18:34,880 --> 00:18:36,480 Speaker 15: of makes sense at the same time when there are 404 00:18:36,600 --> 00:18:39,440 Speaker 15: so good at ingredients and food service. You know, New 405 00:18:39,520 --> 00:18:43,000 Speaker 15: Zealand is a commodity and a large process, it makes 406 00:18:43,040 --> 00:18:45,040 Speaker 15: sense to let someone else take the brunt of it. 407 00:18:45,400 --> 00:18:47,639 Speaker 2: So you changed your mind, you think so? And I 408 00:18:48,080 --> 00:18:49,679 Speaker 2: I mean a trade sale is different to an IPO 409 00:18:49,760 --> 00:18:51,560 Speaker 2: and IPO would be quite good for the market apart 410 00:18:51,560 --> 00:18:53,640 Speaker 2: from anything else. Would you ipo it or trade. 411 00:18:53,440 --> 00:18:57,160 Speaker 15: Saler in my opinion on IPO, and there's a reason 412 00:18:57,240 --> 00:18:59,399 Speaker 15: for that too. I think the big emotional attachment for 413 00:18:59,560 --> 00:19:03,600 Speaker 15: kiwis and farmers around the mainland and the brands and whatnot. 414 00:19:03,960 --> 00:19:06,800 Speaker 15: An IPO will attract a lot of attention from New 415 00:19:06,880 --> 00:19:11,000 Speaker 15: Zealanders and right across the spectrum. And obviously it gives 416 00:19:11,119 --> 00:19:13,960 Speaker 15: the chance for current scyholders of Fonterra to use the 417 00:19:14,000 --> 00:19:16,119 Speaker 15: capital their return from that consumer sale to go and 418 00:19:16,200 --> 00:19:17,879 Speaker 15: invest in that IPO. So if you want to be 419 00:19:17,920 --> 00:19:20,840 Speaker 15: in there, you can, and if not, then do something 420 00:19:20,880 --> 00:19:23,000 Speaker 15: on your own farm with your own capital. But I 421 00:19:23,080 --> 00:19:25,040 Speaker 15: think it's a big opportunity for New Zealand to grow. 422 00:19:25,080 --> 00:19:28,200 Speaker 15: And if Fontira can get the milk supply agreements they've 423 00:19:28,200 --> 00:19:31,880 Speaker 15: talked about with his consumer businesses, that's a big win 424 00:19:32,040 --> 00:19:33,920 Speaker 15: for them as well. But I think a lot of 425 00:19:33,960 --> 00:19:36,200 Speaker 15: that all The other side of that consumer business conversation 426 00:19:36,359 --> 00:19:37,960 Speaker 15: is that, you know, we don't see a lot of 427 00:19:38,000 --> 00:19:41,360 Speaker 15: the businesses in the world that are under the consumer headline. 428 00:19:41,600 --> 00:19:43,680 Speaker 15: You Shri Lanka Australia. You know, if you asked the 429 00:19:43,680 --> 00:19:45,680 Speaker 15: average farmer in New Zealand. They wouldn't realize how much 430 00:19:45,760 --> 00:19:49,200 Speaker 15: milk fonterra collected and processed in Australia or Sri Lanka, 431 00:19:49,280 --> 00:19:49,760 Speaker 15: for example. 432 00:19:50,000 --> 00:19:51,840 Speaker 2: No, good point. Do you follow the F one or 433 00:19:51,880 --> 00:19:55,480 Speaker 2: the Warriors? F one love one? So you'll be watching 434 00:19:55,480 --> 00:19:56,960 Speaker 2: the F one tonight over the Warriors. 435 00:19:58,720 --> 00:20:00,240 Speaker 15: I mean, I'd love to say I've got By on 436 00:20:00,280 --> 00:20:02,480 Speaker 15: the screen, but it'll probably the Chinese gup first. 437 00:20:02,920 --> 00:20:04,680 Speaker 2: Yeah, okay, all right' Stu. Nice to talk to you. 438 00:20:04,720 --> 00:20:06,800 Speaker 2: Appreciate it very much. I apparently have got a television 439 00:20:06,840 --> 00:20:09,120 Speaker 2: that can split screens. Sam tells me this. I don't 440 00:20:09,160 --> 00:20:10,960 Speaker 2: know how to do that, but tonight it's going to 441 00:20:11,000 --> 00:20:12,080 Speaker 2: be the night I'm going to have to look at 442 00:20:12,119 --> 00:20:13,960 Speaker 2: doing that. So that's my problem. I just wanted to 443 00:20:13,960 --> 00:20:16,240 Speaker 2: share that with Stu there for a moment. Steve Davison, 444 00:20:16,280 --> 00:20:18,960 Speaker 2: I like a style Diary insights consultant eighteen minutes away 445 00:20:18,960 --> 00:20:22,560 Speaker 2: from sevens. Like the actual population in India who are 446 00:20:22,600 --> 00:20:25,320 Speaker 2: middle class is smaller than some European or agency. This 447 00:20:25,400 --> 00:20:28,639 Speaker 2: is the misery I'm talking about. Stop moaning. I already 448 00:20:28,680 --> 00:20:31,439 Speaker 2: gave you these figures. You're correct, of course, So one 449 00:20:31,480 --> 00:20:34,560 Speaker 2: point two billion Indians. But and the people with the 450 00:20:34,600 --> 00:20:36,399 Speaker 2: actual dollars is one hundred and thirty one hundred and 451 00:20:36,400 --> 00:20:39,520 Speaker 2: forty million, so you're correct. But one hundred and twenty 452 00:20:39,640 --> 00:20:41,320 Speaker 2: hundred and thirty million people with a lot of dough 453 00:20:41,520 --> 00:20:42,840 Speaker 2: is still a market worth chasing. 454 00:20:43,000 --> 00:20:46,119 Speaker 9: You can always find a gray lining to the cloud 455 00:20:46,160 --> 00:20:47,040 Speaker 9: if you want to. Can't. 456 00:20:47,080 --> 00:20:47,679 Speaker 2: Yeah, you can. 457 00:20:47,840 --> 00:20:50,320 Speaker 9: I mean, no matter how great things are, you'd always 458 00:20:50,320 --> 00:20:51,440 Speaker 9: say after it won't last. 459 00:20:52,880 --> 00:20:55,479 Speaker 2: Do you want to talk about wine? I've got new 460 00:20:55,560 --> 00:20:58,560 Speaker 2: stats on wine this morning. Turn off now if you 461 00:20:58,600 --> 00:21:01,560 Speaker 2: don't want any more Good News two The. 462 00:21:01,720 --> 00:21:06,199 Speaker 1: Mic Hosking Breakfast Full Show podcast on iHeartRadio powered by 463 00:21:06,280 --> 00:21:07,080 Speaker 1: News Talks AP. 464 00:21:08,160 --> 00:21:10,280 Speaker 2: Mike, you far too positive after your sick day? Can 465 00:21:10,359 --> 00:21:11,520 Speaker 2: we have a good news Friday? 466 00:21:11,600 --> 00:21:11,719 Speaker 16: Mike? 467 00:21:11,760 --> 00:21:13,879 Speaker 2: Every Friday starts off my weekend with the Smart's not 468 00:21:13,920 --> 00:21:15,840 Speaker 2: a bad idea, Mike. You will have to split your 469 00:21:15,880 --> 00:21:21,000 Speaker 2: screen three ways, all whites playing Fiji, And as. 470 00:21:20,920 --> 00:21:24,840 Speaker 9: We discussed during the break, it's sextually four ways because 471 00:21:24,880 --> 00:21:26,760 Speaker 9: this is the Chiefs game on tonight as well, so 472 00:21:27,160 --> 00:21:27,720 Speaker 9: two ways. 473 00:21:27,800 --> 00:21:29,360 Speaker 2: It is six forty five. 474 00:21:30,760 --> 00:21:34,600 Speaker 1: International Correspondence with ends and Eye Insurance, Peace of mind 475 00:21:34,680 --> 00:21:36,040 Speaker 1: for new Zealand Business right. 476 00:21:35,960 --> 00:21:39,760 Speaker 2: Third Chardinald Morning, Trump be the feed. Where are we at? 477 00:21:40,720 --> 00:21:40,880 Speaker 17: Well? 478 00:21:40,960 --> 00:21:42,880 Speaker 8: Yeah, Trump is taking on the head of the fair 479 00:21:42,920 --> 00:21:45,760 Speaker 8: that you are central Bank and calling for lower interest rates. 480 00:21:45,920 --> 00:21:48,560 Speaker 8: Do the right thing, says Trump on your social media now. 481 00:21:49,040 --> 00:21:52,160 Speaker 8: And those interest rates have been sky high for months 482 00:21:52,200 --> 00:21:55,080 Speaker 8: and months, and now with more tariffs living if heed 483 00:21:55,160 --> 00:21:58,480 Speaker 8: shaars your own Powe has left interest rates unchanged and 484 00:21:58,560 --> 00:22:02,320 Speaker 8: says uncertainty is outing the US economic outlook. That is 485 00:22:02,400 --> 00:22:05,200 Speaker 8: not what Trump wants to hear. It's what this country's 486 00:22:05,240 --> 00:22:08,440 Speaker 8: conceimers don't want to hear either, says chem and Powell. 487 00:22:08,600 --> 00:22:12,159 Speaker 8: Inflation has started to move up now, we think partly 488 00:22:12,200 --> 00:22:16,119 Speaker 8: in response to tariffs, and there may be a delay 489 00:22:16,200 --> 00:22:18,399 Speaker 8: in further progress over the course of this year. You know, 490 00:22:18,480 --> 00:22:21,160 Speaker 8: in the past the White House has allowed the FED independence. 491 00:22:21,240 --> 00:22:21,600 Speaker 10: That is. 492 00:22:23,359 --> 00:22:25,800 Speaker 8: Not the Trump style, is it. He says that the 493 00:22:25,840 --> 00:22:30,240 Speaker 8: FED would be much better offering lower rates as US 494 00:22:30,320 --> 00:22:33,040 Speaker 8: tariff start to ease their way into the economy. Ease 495 00:22:33,800 --> 00:22:35,800 Speaker 8: many would suggest it's going to hit pretty hard with 496 00:22:35,880 --> 00:22:38,360 Speaker 8: all the Trump policy changes on trade, along with immigration 497 00:22:38,520 --> 00:22:41,320 Speaker 8: and so on. The EU will suggest delayed its first 498 00:22:41,440 --> 00:22:45,119 Speaker 8: round of tariff countermeasures until middle of April. So this 499 00:22:45,359 --> 00:22:48,720 Speaker 8: is a movable game. Trump has been saying that his 500 00:22:48,880 --> 00:22:51,280 Speaker 8: reciprocal tariff measures will start to buy it from the 501 00:22:51,400 --> 00:22:54,560 Speaker 8: beginning of April. Meantime, Ford and gm as stop piling 502 00:22:54,640 --> 00:22:57,639 Speaker 8: car production parts. We hear as the tariffs with Canada 503 00:22:57,680 --> 00:23:00,600 Speaker 8: and Mexico are supposed to take effect. Those car makers 504 00:23:00,600 --> 00:23:05,000 Speaker 8: say the industry is under threat, giving the risees that 505 00:23:05,119 --> 00:23:08,399 Speaker 8: they could face spiking the price for new vehicles to 506 00:23:08,560 --> 00:23:12,880 Speaker 8: unafford levels, unaffordable levels for everyone else. The meantime, credit 507 00:23:12,960 --> 00:23:15,680 Speaker 8: card interest rates just to note now at twenty two 508 00:23:15,680 --> 00:23:18,760 Speaker 8: point eight percent on average credit costs here insane. 509 00:23:18,920 --> 00:23:21,000 Speaker 2: Now, I'll tell you what's interesting, because we're following this 510 00:23:21,119 --> 00:23:24,560 Speaker 2: as well. These Australian media laws are so big tech 511 00:23:25,240 --> 00:23:27,440 Speaker 2: they will see that I'm assuming as anti American. 512 00:23:28,160 --> 00:23:28,360 Speaker 16: Yes. 513 00:23:28,680 --> 00:23:31,840 Speaker 8: Absolutely, there's another area where Elin Musk has his finger 514 00:23:31,880 --> 00:23:33,639 Speaker 8: in the pie. Musk and the tech brows are pushing 515 00:23:33,680 --> 00:23:37,520 Speaker 8: Trump to punish Australia for this planned tech tax. Australia 516 00:23:37,560 --> 00:23:40,560 Speaker 8: framing this is a bid to encourage voluntary deals with 517 00:23:41,000 --> 00:23:44,200 Speaker 8: Australian media to support otty media content. Companies would be 518 00:23:44,280 --> 00:23:47,399 Speaker 8: called on to contribute ten to twenty percent of what 519 00:23:47,480 --> 00:23:50,440 Speaker 8: they do in the region on Australian content. So this 520 00:23:50,600 --> 00:23:53,359 Speaker 8: is spurring calls here for the expansion of the Trump 521 00:23:53,440 --> 00:23:57,160 Speaker 8: trade wars, perhaps targeting of the experts of beef, agriculture 522 00:23:57,160 --> 00:23:58,040 Speaker 8: and pharmaceuticals. 523 00:23:58,160 --> 00:23:58,879 Speaker 2: As you suggest. 524 00:23:59,000 --> 00:24:01,239 Speaker 8: New Zealand watches all this playing out. 525 00:24:01,400 --> 00:24:02,760 Speaker 2: Yes, and very good to see you, mate. We'll catch 526 00:24:02,800 --> 00:24:05,080 Speaker 2: up Monday. Richard Arnold state, So that beef story is 527 00:24:05,160 --> 00:24:08,120 Speaker 2: massive because the American Farmers Association, of the one hundred 528 00:24:08,119 --> 00:24:11,400 Speaker 2: and seventy five thousand of them, are full on lobbying 529 00:24:11,480 --> 00:24:15,320 Speaker 2: Trump at the moment to slap massive tariffs on Australian beef. 530 00:24:15,440 --> 00:24:18,040 Speaker 2: Now I don't know enough about Australian beef, but I 531 00:24:18,119 --> 00:24:19,920 Speaker 2: do know about New Zealand beef, and I know that 532 00:24:20,000 --> 00:24:22,959 Speaker 2: we sell the Americans a tremendous amount. The American argument 533 00:24:23,680 --> 00:24:25,840 Speaker 2: is that the Australian seller heap of beef, but they 534 00:24:25,840 --> 00:24:27,840 Speaker 2: don't allow the US to bring the beef back into 535 00:24:27,880 --> 00:24:30,440 Speaker 2: Australia for a whole lot of what they call red 536 00:24:30,560 --> 00:24:33,320 Speaker 2: tape issues. So we'll talk to Marry about that as well. 537 00:24:33,400 --> 00:24:35,240 Speaker 2: But I need to get to someone, probably Nicola Willis. 538 00:24:35,280 --> 00:24:37,239 Speaker 2: Actually i'll ask her after seventh thirty whether that's going 539 00:24:37,280 --> 00:24:40,080 Speaker 2: to be potentially an issue for us. Also, just before 540 00:24:40,080 --> 00:24:43,520 Speaker 2: we leave the United States, the South Africans are lining 541 00:24:43,640 --> 00:24:45,680 Speaker 2: up to get to the United States and record number 542 00:24:45,680 --> 00:24:49,200 Speaker 2: seventy thousand people. So earlier on this year, Cyril Ramafosa, 543 00:24:49,240 --> 00:24:50,879 Speaker 2: who's as bad as any under the rest of them 544 00:24:50,920 --> 00:24:53,920 Speaker 2: who have been running that place since aparthey came to 545 00:24:54,000 --> 00:24:57,960 Speaker 2: an end, signed a deal a law allowing the state 546 00:24:58,040 --> 00:25:03,000 Speaker 2: to seize land without compensation provided it was quote unquote 547 00:25:03,080 --> 00:25:06,120 Speaker 2: in the public interest. Now Trump saw that and said 548 00:25:06,119 --> 00:25:08,639 Speaker 2: it's a scandal. And if Afrikaanas want to line up 549 00:25:08,680 --> 00:25:10,639 Speaker 2: and come to America, they're more than welcome. And are 550 00:25:10,680 --> 00:25:13,679 Speaker 2: they lining up? Seventy thousand of them have registered an interest. 551 00:25:14,440 --> 00:25:16,240 Speaker 2: So we'll watch that one really great deal of interest. 552 00:25:16,320 --> 00:25:18,520 Speaker 2: Let me come to the wine. Speaking of America, New 553 00:25:18,600 --> 00:25:21,000 Speaker 2: Zealand wine into America. What a story more shortly ten 554 00:25:21,040 --> 00:25:21,640 Speaker 2: to seven. 555 00:25:21,960 --> 00:25:25,720 Speaker 1: The Mic Hosking Breakfast with the Range Rover Villa News. 556 00:25:25,560 --> 00:25:27,480 Speaker 2: Togs tad been a fresh art of me this morning 557 00:25:27,520 --> 00:25:30,159 Speaker 2: on our fabulous Wine Industry. I was mentioned earlier on 558 00:25:30,240 --> 00:25:32,919 Speaker 2: this week, of course that the season looks really good, 559 00:25:32,960 --> 00:25:34,359 Speaker 2: and I got a lot of feedback on that the 560 00:25:34,440 --> 00:25:36,720 Speaker 2: season pretty much all over the country looks and there 561 00:25:36,840 --> 00:25:39,800 Speaker 2: we're impacking now ish and it looks to be a 562 00:25:39,920 --> 00:25:43,119 Speaker 2: sensational vintage. There's some stuff going to be left on 563 00:25:43,200 --> 00:25:45,280 Speaker 2: the vine in places like Marlborough because there are too 564 00:25:45,280 --> 00:25:48,560 Speaker 2: many contract growers, to many buying, growing too much bulk 565 00:25:48,600 --> 00:25:53,119 Speaker 2: wine unfortunately, but new numbers this morning recorded growth in 566 00:25:53,160 --> 00:25:56,600 Speaker 2: twenty twenty four, sixteenth consecutive year. This is to the States, 567 00:25:57,440 --> 00:25:59,560 Speaker 2: only nation to post a volume increased last year. So 568 00:25:59,640 --> 00:26:01,639 Speaker 2: of all the wine going into America from all the 569 00:26:01,640 --> 00:26:04,320 Speaker 2: different countries, only one country grew their market share, and 570 00:26:04,400 --> 00:26:06,080 Speaker 2: that was Us. So there's some good news for you. 571 00:26:06,440 --> 00:26:08,879 Speaker 2: And it's because it's premium priced and this is what 572 00:26:09,000 --> 00:26:12,159 Speaker 2: we like. So sales of wine fifteen bucks or more 573 00:26:12,160 --> 00:26:15,840 Speaker 2: a bottle is up fourteen point four percent. Below fifteen bucks, 574 00:26:15,880 --> 00:26:18,520 Speaker 2: it's only up zero point eight so people will pay 575 00:26:18,920 --> 00:26:20,639 Speaker 2: for quality, and this is the message we need to 576 00:26:20,680 --> 00:26:23,960 Speaker 2: get out. Our second highest ranked country now trailing France. 577 00:26:24,080 --> 00:26:27,040 Speaker 2: This is globally, so France is the world leader in 578 00:26:27,119 --> 00:26:31,119 Speaker 2: terms of quality wine. We come second White dominates. This 579 00:26:31,280 --> 00:26:35,320 Speaker 2: is continuing to be my cause for concern. Ninety five 580 00:26:35,359 --> 00:26:39,400 Speaker 2: percent of our shipments to the world is serving on bloc. 581 00:26:40,000 --> 00:26:42,159 Speaker 2: It's too much. We need to we need to do 582 00:26:42,240 --> 00:26:43,920 Speaker 2: something about it. We've been talking about it for years. 583 00:26:44,359 --> 00:26:46,440 Speaker 2: The industry now runs at two point one billion. That's 584 00:26:46,760 --> 00:26:48,720 Speaker 2: to the June year end of twenty four, two point 585 00:26:48,760 --> 00:26:50,480 Speaker 2: one billion. They were looking to crack two billion. They've 586 00:26:50,480 --> 00:26:52,840 Speaker 2: well and truly done it. This is brilliant exports to 587 00:26:52,920 --> 00:26:56,160 Speaker 2: the States thirty seven percent of the total exports exported 588 00:26:56,240 --> 00:26:58,960 Speaker 2: now generally to more than one hundred countries. It is 589 00:26:59,040 --> 00:27:03,639 Speaker 2: our sixth large just export group. The wonderful business of 590 00:27:03,680 --> 00:27:06,359 Speaker 2: the wine. I may just celebrate that news with a 591 00:27:06,400 --> 00:27:08,600 Speaker 2: glass or two myself tonight, And why don't you join 592 00:27:08,680 --> 00:27:09,879 Speaker 2: me five minutes away from seven. 593 00:27:10,760 --> 00:27:14,040 Speaker 1: All the ins and the outs, it's the biz with 594 00:27:14,320 --> 00:27:17,720 Speaker 1: business favor. Take your business productivity to the next level. 595 00:27:17,800 --> 00:27:19,280 Speaker 2: Now, then we come to and we will talk to 596 00:27:19,359 --> 00:27:21,240 Speaker 2: Nikola Willis about this later. Then we come to the 597 00:27:21,640 --> 00:27:24,160 Speaker 2: drag on the economy, the bit that hasn't come right, 598 00:27:24,400 --> 00:27:26,200 Speaker 2: and still we got a little bit to go. I 599 00:27:26,320 --> 00:27:28,840 Speaker 2: suspect if the forecasters are right, this is unemployment, this 600 00:27:28,920 --> 00:27:31,879 Speaker 2: is the jobs. We're about five points something and we 601 00:27:31,960 --> 00:27:35,120 Speaker 2: need to go apparently allegedly to five point five. Before 602 00:27:35,160 --> 00:27:37,160 Speaker 2: things turned I hope that Australias gave you that number 603 00:27:37,200 --> 00:27:40,160 Speaker 2: four point one gives you an indication of how materially 604 00:27:40,240 --> 00:27:42,240 Speaker 2: different we are on the job market. But then I 605 00:27:42,359 --> 00:27:44,320 Speaker 2: get to the supermarkets. I don't have time for this, 606 00:27:44,400 --> 00:27:46,879 Speaker 2: but I'll do it after report out this morning on 607 00:27:46,920 --> 00:27:49,639 Speaker 2: Australian supermarkets the most profitable in the world. So for 608 00:27:49,680 --> 00:27:52,360 Speaker 2: all your people who go, oh, I went to Queensland 609 00:27:53,040 --> 00:27:57,360 Speaker 2: and I bought seventeen pine apples for a dollar, It's bollocks. 610 00:27:57,600 --> 00:28:00,479 Speaker 2: It's not true. The supermarkets are is bad there as 611 00:28:00,480 --> 00:28:02,919 Speaker 2: they are here, if not worse. Anyway, where was I jobs? 612 00:28:03,480 --> 00:28:06,879 Speaker 2: So the recruiter Robert Half job security top of the 613 00:28:06,920 --> 00:28:08,680 Speaker 2: list for us. We're all worried about losing our jobs 614 00:28:08,680 --> 00:28:10,840 Speaker 2: at the moment. Eighty one percent of us are worried 615 00:28:10,880 --> 00:28:13,440 Speaker 2: about redundancies in the office this year. But if you 616 00:28:13,480 --> 00:28:15,680 Speaker 2: want a glass half full, what we've gone out and 617 00:28:15,760 --> 00:28:18,960 Speaker 2: done is upskill. Well some of us have. I said 618 00:28:18,960 --> 00:28:20,440 Speaker 2: to Sammy this morning, I said, Sammy, what have you 619 00:28:20,480 --> 00:28:22,680 Speaker 2: done to upskill? He goes, I've got your Pete Murray. 620 00:28:23,080 --> 00:28:25,560 Speaker 2: So we got the Pete Murray interview coming up, and 621 00:28:25,600 --> 00:28:27,119 Speaker 2: I said, who's Pete Murray? And then I did a 622 00:28:27,480 --> 00:28:29,440 Speaker 2: random test around the news room, went straight to the 623 00:28:29,640 --> 00:28:31,719 Speaker 2: font of all knowledge. He went straight to Andrew Ordison. 624 00:28:32,200 --> 00:28:34,280 Speaker 2: I said all this, I said, who's Pete Murray? And 625 00:28:34,359 --> 00:28:36,000 Speaker 2: he looked at me like, and you're really going to 626 00:28:36,080 --> 00:28:39,959 Speaker 2: Andrew and and I said, Pete Murray. He goes as 627 00:28:40,000 --> 00:28:42,680 Speaker 2: he does he play slip? I go, no, he doesn't, 628 00:28:42,720 --> 00:28:45,520 Speaker 2: he plays the guitar. Ninety four percent. So they're increasing 629 00:28:45,520 --> 00:28:49,920 Speaker 2: their employability to make sure it isn't them. Thirty seven 630 00:28:49,960 --> 00:28:53,600 Speaker 2: percent say they're prioritizing job security ahead of pay this year. 631 00:28:53,720 --> 00:28:57,240 Speaker 2: It's a good sign. Sixteen percent say they're prioritizing the salary. See, 632 00:28:57,240 --> 00:28:58,840 Speaker 2: they're the ones that can actually do the job. They're 633 00:28:58,840 --> 00:29:00,360 Speaker 2: the ones going up good at. 634 00:29:00,320 --> 00:29:00,600 Speaker 10: What I do. 635 00:29:00,680 --> 00:29:03,360 Speaker 2: I'll have the money, thanks. Forty seven percent so they 636 00:29:03,480 --> 00:29:09,760 Speaker 2: value which equally so pursuing training or certifications to improve 637 00:29:09,800 --> 00:29:14,400 Speaker 2: their marketability. Forty seven percent Passively looking for a new job. 638 00:29:14,520 --> 00:29:17,640 Speaker 2: That old trick. That's such a boring old question. Are 639 00:29:17,680 --> 00:29:20,440 Speaker 2: you looking for a new j Absolutely I am, I'm 640 00:29:20,480 --> 00:29:23,040 Speaker 2: looking for new I wouldn't be surprised if I quit 641 00:29:23,200 --> 00:29:25,920 Speaker 2: this year. How many times we heard that nonsense? Actively 642 00:29:26,000 --> 00:29:27,840 Speaker 2: looking for a new job twenty six percent. You run 643 00:29:27,880 --> 00:29:29,560 Speaker 2: out of music legally, and I took so long the 644 00:29:29,640 --> 00:29:30,200 Speaker 2: music ran out. 645 00:29:32,000 --> 00:29:35,920 Speaker 9: I I'm just trying to do the Friday good news 646 00:29:35,960 --> 00:29:38,720 Speaker 9: Friday thing. Yeah, I'm sick of hearing now. 647 00:29:38,960 --> 00:29:42,040 Speaker 2: Yes, sorry, okay, asking the manager about potential redundancies and 648 00:29:42,080 --> 00:29:44,400 Speaker 2: how their role may be impacted. Don't do that makes 649 00:29:44,440 --> 00:29:48,040 Speaker 2: you look weak. Twenty six percent are you going to 650 00:29:48,160 --> 00:29:52,040 Speaker 2: lay me off? Don't do that. Don't That's that's Mike's 651 00:29:52,040 --> 00:29:54,680 Speaker 2: advice for Friday morning. Don't don't be a sad sack 652 00:29:55,000 --> 00:29:55,480 Speaker 2: news for you. 653 00:29:55,680 --> 00:29:59,120 Speaker 1: In a couple of moments, the breakfast show, Kiwi's Trust 654 00:29:59,240 --> 00:30:02,640 Speaker 1: to Stay in the Know, the mic hosting breakfast with 655 00:30:02,960 --> 00:30:07,240 Speaker 1: al Vida, Retirement Communities, Life your Way News togs'd. 656 00:30:06,840 --> 00:30:09,280 Speaker 2: Be seven past seven. Maybe I'm repressed, but zero point 657 00:30:09,360 --> 00:30:11,080 Speaker 2: seven seemed a very good number to me. Were out 658 00:30:11,080 --> 00:30:13,480 Speaker 2: of recession, and the number was higher than any one forecast. 659 00:30:13,600 --> 00:30:16,800 Speaker 2: Growth was to be found, especially in transport, postal warehousing. 660 00:30:16,840 --> 00:30:18,400 Speaker 2: They had a two point four percent number for the 661 00:30:18,440 --> 00:30:22,080 Speaker 2: quarter alone. Charted Institute of Logistics and Transport Vice President 662 00:30:22,160 --> 00:30:23,880 Speaker 2: Paul Cosh is where there's Paul morning. 663 00:30:25,160 --> 00:30:26,800 Speaker 18: In Mike, how are you very well? 664 00:30:26,920 --> 00:30:30,400 Speaker 2: Are you feeling it, you're seeing it, Yeah, I have. 665 00:30:31,000 --> 00:30:35,480 Speaker 18: It's very interesting. Actually, I was talking to one of 666 00:30:35,640 --> 00:30:40,480 Speaker 18: my friends who owns a company in Auckland and tower 667 00:30:40,520 --> 00:30:43,840 Speaker 18: On and I was only talking to him on Wednesday 668 00:30:43,880 --> 00:30:46,240 Speaker 18: and he said, Paul, you won't believe it. My business 669 00:30:46,320 --> 00:30:51,280 Speaker 18: has taken off in the last three months. Good and 670 00:30:51,680 --> 00:30:54,640 Speaker 18: he's actually opening a new warehouse Inara. 671 00:30:54,880 --> 00:30:55,080 Speaker 17: Ah. 672 00:30:56,000 --> 00:30:57,800 Speaker 2: Well, that was my next question. Do you think this 673 00:30:58,080 --> 00:30:59,040 Speaker 2: leads to something? 674 00:31:00,520 --> 00:31:04,880 Speaker 18: Definitely? Definitely there's in talking to a lot of people 675 00:31:04,960 --> 00:31:08,440 Speaker 18: that I know in the industry, obviously they're definitely seeing 676 00:31:08,640 --> 00:31:11,840 Speaker 18: a lift, in some cases as much as ten percent. 677 00:31:12,440 --> 00:31:15,200 Speaker 18: I know the increase was only about two and a 678 00:31:15,240 --> 00:31:19,520 Speaker 18: half percent, as you alluded to, but there's some companies 679 00:31:19,560 --> 00:31:21,400 Speaker 18: that are doing way better than others. 680 00:31:21,480 --> 00:31:21,880 Speaker 16: Obviously. 681 00:31:22,920 --> 00:31:24,800 Speaker 2: Can you break that down? I mean, just for everybody 682 00:31:24,840 --> 00:31:27,680 Speaker 2: else who doesn't follow this, as go logistics and transport transport, 683 00:31:27,680 --> 00:31:29,600 Speaker 2: we understand who do you represent? I mean, what sort 684 00:31:29,600 --> 00:31:30,840 Speaker 2: of businesses are you dealing with? 685 00:31:32,320 --> 00:31:38,080 Speaker 18: Well, we're dealing with any transport operator, any warehousing come 686 00:31:38,600 --> 00:31:43,840 Speaker 18: three pl four pl Our members are quite diverse. We 687 00:31:44,160 --> 00:31:49,840 Speaker 18: also talk to the ports. Our president is he works 688 00:31:49,920 --> 00:31:53,719 Speaker 18: for the Port of Auckland and I'm in towering on myself, 689 00:31:54,240 --> 00:31:58,840 Speaker 18: and my background is thirty to fifty years of transport 690 00:31:59,080 --> 00:32:03,720 Speaker 18: through mainly trucking industry. But yes, I can say quite 691 00:32:03,760 --> 00:32:06,959 Speaker 18: honestly that there's definitely been a lift. And I hear 692 00:32:07,040 --> 00:32:11,440 Speaker 18: about these things all the time because I obviously my 693 00:32:11,960 --> 00:32:16,520 Speaker 18: network is quite diverse. And yeah, it's very very interesting 694 00:32:16,640 --> 00:32:18,360 Speaker 18: and really very exciting. 695 00:32:18,680 --> 00:32:18,920 Speaker 17: Good on. 696 00:32:19,040 --> 00:32:21,480 Speaker 2: You're Paul glad to hear something positive. Don't text me. 697 00:32:23,120 --> 00:32:25,320 Speaker 2: He represents a lot of people. Paul Coosh, who's with 698 00:32:25,440 --> 00:32:28,600 Speaker 2: the Charted Institute of Logistics and Transport, more good news. 699 00:32:28,720 --> 00:32:31,360 Speaker 2: I mean it's past seven. By the way, the jobs 700 00:32:31,360 --> 00:32:34,160 Speaker 2: I was mentioning salary growth continues to be a bit 701 00:32:34,200 --> 00:32:36,000 Speaker 2: of an initia see jobs. We'll talk to Nicola Willis 702 00:32:36,040 --> 00:32:38,280 Speaker 2: about this after the half hour. SEAK advertised salary index 703 00:32:38,360 --> 00:32:40,440 Speaker 2: up zero point seven percent. That for three months to 704 00:32:40,560 --> 00:32:43,280 Speaker 2: Feb two point six on the year. The important thing 705 00:32:43,280 --> 00:32:45,880 Speaker 2: about two point six doesn't beat inflation, Yes it does. 706 00:32:46,840 --> 00:32:49,320 Speaker 2: Where do you want your jobs? Science and tech? I'll 707 00:32:49,360 --> 00:32:53,160 Speaker 2: give you the annualized numbers science and tech seven percent 708 00:32:53,360 --> 00:32:57,200 Speaker 2: pay increase. Now this is worrying government jobs six point three. 709 00:32:57,280 --> 00:33:00,440 Speaker 2: What's going on there? Because that's our money marketing cammunication 710 00:33:00,600 --> 00:33:03,240 Speaker 2: over five percent engineering four point three, So there's still 711 00:33:03,240 --> 00:33:06,080 Speaker 2: plenty of people doing nicely in the old wage packet department. 712 00:33:06,160 --> 00:33:06,280 Speaker 17: Right. 713 00:33:06,560 --> 00:33:10,120 Speaker 2: Other matters the doctor scrap in Napier. The plan going 714 00:33:10,160 --> 00:33:14,240 Speaker 2: forward is access to a nurse prescriber overnight telehealthcare. But 715 00:33:14,320 --> 00:33:17,000 Speaker 2: the problem here apparently is no doctor per se hasting 716 00:33:17,080 --> 00:33:19,360 Speaker 2: zd's twenty five minute drive away. Anyway, the Napia mayor 717 00:33:19,800 --> 00:33:21,680 Speaker 2: Kirston wise as will this Kurston, morning. 718 00:33:21,480 --> 00:33:23,640 Speaker 13: To you, Good morning, Mike, how are you? 719 00:33:23,800 --> 00:33:25,680 Speaker 2: I'm very well. Indeed, do you not think what the 720 00:33:25,720 --> 00:33:26,920 Speaker 2: government has done is acceptable? 721 00:33:28,880 --> 00:33:31,320 Speaker 13: Spifly I'd like to say we do appreciate the decision 722 00:33:31,360 --> 00:33:34,520 Speaker 13: to keep the in person services with the enhanced nurse practitioners, 723 00:33:34,640 --> 00:33:38,720 Speaker 13: but really is disappointing if they haven't taken that next 724 00:33:38,760 --> 00:33:41,200 Speaker 13: step to ensure that we've got in person GPS on 725 00:33:41,440 --> 00:33:42,240 Speaker 13: site as well. 726 00:33:42,920 --> 00:33:44,960 Speaker 2: Okay, so can you do anything about it or is 727 00:33:45,000 --> 00:33:45,320 Speaker 2: it over? 728 00:33:47,320 --> 00:33:50,640 Speaker 13: We are going to continue to engage with the Minister 729 00:33:51,520 --> 00:33:55,240 Speaker 13: in government and the rally that was planned is going 730 00:33:55,320 --> 00:33:59,440 Speaker 13: to proceed on Sunday and we will be continuing to 731 00:33:59,800 --> 00:34:02,160 Speaker 13: fire for and it's not just this, It's not just 732 00:34:02,400 --> 00:34:06,800 Speaker 13: urgent overnight services. It's really the level of health services 733 00:34:07,080 --> 00:34:10,640 Speaker 13: in general that are being provided to the Napier community. 734 00:34:10,960 --> 00:34:13,560 Speaker 2: Okay. Part of the original argument they said was lack 735 00:34:13,600 --> 00:34:15,319 Speaker 2: of demand anyway, So I mean, how many people are 736 00:34:15,320 --> 00:34:17,640 Speaker 2: standing there too in the morning wanting the script filled 737 00:34:17,719 --> 00:34:18,840 Speaker 2: or something to deal with. 738 00:34:20,320 --> 00:34:23,479 Speaker 13: The lack of demand is largely driven by the level 739 00:34:23,520 --> 00:34:27,080 Speaker 13: of service that was being provided. So people weren't going 740 00:34:27,120 --> 00:34:30,240 Speaker 13: there because it was nurses who had a very limited 741 00:34:30,280 --> 00:34:34,400 Speaker 13: ability to actually assist them anyway. So that's where the 742 00:34:34,480 --> 00:34:38,160 Speaker 13: nurse practitioners will have an ability to provide a higher 743 00:34:38,320 --> 00:34:41,640 Speaker 13: level of care. And because the other part of the 744 00:34:41,920 --> 00:34:47,000 Speaker 13: equation is our ed in Hastings, which is already overloaded 745 00:34:47,120 --> 00:34:50,839 Speaker 13: and beyond capacity, so we don't want to put any 746 00:34:50,920 --> 00:34:51,759 Speaker 13: more pressure on there. 747 00:34:52,280 --> 00:34:54,719 Speaker 2: Okay, Because I was going to say the twenty five 748 00:34:54,719 --> 00:34:56,799 Speaker 2: minutes from Napier, I mean, in a big city, twenty 749 00:34:56,840 --> 00:34:58,640 Speaker 2: five minutes is nothing. I can't go around the block 750 00:34:58,680 --> 00:35:00,560 Speaker 2: in twenty five minutes. That's just one of those things, 751 00:35:00,640 --> 00:35:02,640 Speaker 2: isn't it. So it's twenty five minutes really the end 752 00:35:02,640 --> 00:35:04,279 Speaker 2: of the world, or you're telling me that Hastings is 753 00:35:04,360 --> 00:35:05,800 Speaker 2: overfull anyway, So it's pointless. 754 00:35:06,920 --> 00:35:09,680 Speaker 13: That's exactly right. You present in hasting ZD and you're 755 00:35:09,680 --> 00:35:14,200 Speaker 13: waiting six seven, eight hours and you know the other again, 756 00:35:14,360 --> 00:35:17,160 Speaker 13: the other part of this is we saw in cyclone 757 00:35:17,200 --> 00:35:19,840 Speaker 13: Gabrielle nature got completely cut off from the rest of 758 00:35:19,880 --> 00:35:24,640 Speaker 13: the country, including our hospital and acknowledging that events like 759 00:35:24,760 --> 00:35:27,000 Speaker 13: that don't happen every day. But at the same time, 760 00:35:27,239 --> 00:35:30,000 Speaker 13: it's a very real risk that we need to mitigate. 761 00:35:30,400 --> 00:35:32,279 Speaker 2: Right. Do you realize you've got a poorse show on 762 00:35:32,400 --> 00:35:33,479 Speaker 2: this weekend at your place? 763 00:35:35,840 --> 00:35:36,120 Speaker 7: I do. 764 00:35:36,440 --> 00:35:39,839 Speaker 13: I was in our War Memorial Center yesterday admiring all 765 00:35:39,920 --> 00:35:42,480 Speaker 13: the porsches. My goodness, are absolutely incredible. 766 00:35:42,640 --> 00:35:44,560 Speaker 2: That'll bring people in from far and wide, won't it. 767 00:35:45,680 --> 00:35:48,640 Speaker 13: I understand there's about two hundred delegates attending, so yeah, 768 00:35:48,640 --> 00:35:49,280 Speaker 13: that's fantastic. 769 00:35:49,400 --> 00:35:50,640 Speaker 2: It'll be brilliant. And what are you going to do 770 00:35:50,719 --> 00:35:52,399 Speaker 2: with the aquarium? That's the other thing I've been reading 771 00:35:52,400 --> 00:35:54,640 Speaker 2: about this week, and it's leaking. Is it too expensive 772 00:35:54,640 --> 00:35:55,360 Speaker 2: to keep going or not? 773 00:35:56,680 --> 00:35:59,560 Speaker 13: We certainly cannot continue with the status quo, and that's 774 00:35:59,560 --> 00:36:02,520 Speaker 13: what we're told our community, and that's what we're talking 775 00:36:02,560 --> 00:36:06,280 Speaker 13: to them about. There's an number of options on the table, 776 00:36:06,680 --> 00:36:11,239 Speaker 13: including you know, see a reimagine or closure and what 777 00:36:11,840 --> 00:36:13,719 Speaker 13: we want to do, what's best for our ratepayers. 778 00:36:13,920 --> 00:36:15,720 Speaker 2: Good on you, Christ, you have a good weekend. Appreciate 779 00:36:15,760 --> 00:36:17,960 Speaker 2: it very much. Kristin Wise, who is the NAPEI mayor 780 00:36:20,239 --> 00:36:22,720 Speaker 2: know me another host that can go that rogue that quickly. 781 00:36:22,960 --> 00:36:26,680 Speaker 2: Thirteen past seven, Asking but relevant question, speaking of cars, 782 00:36:26,719 --> 00:36:29,600 Speaker 2: we've got the air burned thing this weekend. They've got 783 00:36:29,719 --> 00:36:33,320 Speaker 2: some wait till you here, they've got some unbelievable cars 784 00:36:33,600 --> 00:36:36,799 Speaker 2: coming to Central Otago. Maybe people can avoid redundancy by 785 00:36:36,880 --> 00:36:39,239 Speaker 2: going to the office Monday and Friday. It's a very 786 00:36:39,239 --> 00:36:41,919 Speaker 2: good question, Mike, where were you yesterday? You don't sound sick. 787 00:36:43,640 --> 00:36:45,719 Speaker 2: Mind your own business. Thirteen past. 788 00:36:47,120 --> 00:36:51,480 Speaker 1: The Hike, Asking Breakfast full show podcast on iHeartRadio powered 789 00:36:51,560 --> 00:36:52,560 Speaker 1: by News Talks at B. 790 00:36:53,320 --> 00:36:54,840 Speaker 2: Get a lot of theo's, Mike, most of New Zealand 791 00:36:54,920 --> 00:36:56,640 Speaker 2: drives twenty five minutes to the doctor and waits up 792 00:36:56,680 --> 00:37:00,600 Speaker 2: to eight house. It's the classic provincial slash rurals urban 793 00:37:00,680 --> 00:37:03,640 Speaker 2: split in this country. And your expectations around delivery and 794 00:37:03,719 --> 00:37:06,480 Speaker 2: distance and time and stuff like that varies widely, of course. 795 00:37:06,760 --> 00:37:09,440 Speaker 2: Now sixteen past seven, Commo's Commission is going after the 796 00:37:09,640 --> 00:37:13,160 Speaker 2: telcos again, are their current concerners our ability or inability 797 00:37:13,200 --> 00:37:16,120 Speaker 2: to switch providers. According to this new study, more than 798 00:37:16,200 --> 00:37:18,520 Speaker 2: half of us who changed ran into an issue or two. 799 00:37:18,800 --> 00:37:21,879 Speaker 2: Telecommunications Forum CEO Paul Brislanes, whether it's Paul, very good 800 00:37:21,880 --> 00:37:24,560 Speaker 2: morning to you, good morning. Do they have a point 801 00:37:24,640 --> 00:37:24,800 Speaker 2: or no? 802 00:37:26,560 --> 00:37:28,040 Speaker 19: Look, we're happy to have a look at it. But 803 00:37:28,440 --> 00:37:31,600 Speaker 19: their own findings say that only four or five percent 804 00:37:31,719 --> 00:37:34,839 Speaker 19: of customers were unhappy with what they got. Eighty five 805 00:37:34,920 --> 00:37:37,920 Speaker 19: percent were delighted with the process, And I think that's 806 00:37:37,960 --> 00:37:38,680 Speaker 19: pretty much a win. 807 00:37:39,040 --> 00:37:40,799 Speaker 2: I do worry about the ComCom at the moment. They 808 00:37:40,840 --> 00:37:44,160 Speaker 2: seem obsessed with a lot of stuff. Are they fairly 809 00:37:44,239 --> 00:37:45,960 Speaker 2: obsessed with a lot of stuff or are they just 810 00:37:46,400 --> 00:37:47,080 Speaker 2: filling time? 811 00:37:48,960 --> 00:37:50,920 Speaker 20: Well, look, I know where does any of it go? 812 00:37:51,160 --> 00:37:52,600 Speaker 2: I mean, how many times have you heard them talk 813 00:37:52,600 --> 00:37:55,400 Speaker 2: about telcos and banks and supermarkets and that nothing seems 814 00:37:55,400 --> 00:37:55,840 Speaker 2: to change? 815 00:37:56,719 --> 00:37:59,480 Speaker 19: Well, you know, this is one of my issues was 816 00:37:59,560 --> 00:37:59,960 Speaker 19: what's going on? 817 00:38:00,280 --> 00:38:00,400 Speaker 7: Is that? 818 00:38:00,480 --> 00:38:02,360 Speaker 19: I think if you asked the average key with what 819 00:38:02,440 --> 00:38:05,200 Speaker 19: are your biggest problems? You'd have groceries, You'd have the 820 00:38:05,280 --> 00:38:11,040 Speaker 19: price of fuel, cheese, dairy, you know, even down to rents, 821 00:38:11,280 --> 00:38:14,279 Speaker 19: down to how much you pay for. I don't think 822 00:38:14,320 --> 00:38:16,840 Speaker 19: Telco makes the top ten list. To be honest, It's 823 00:38:17,400 --> 00:38:19,600 Speaker 19: really not an issue most people think about. They seem 824 00:38:19,640 --> 00:38:22,480 Speaker 19: to be just getting along fine. We've got strong competition, 825 00:38:23,480 --> 00:38:26,400 Speaker 19: world class infrastructure with the Fiber to the home program, 826 00:38:26,640 --> 00:38:29,600 Speaker 19: and I think we just crack on and get stuck 827 00:38:29,640 --> 00:38:29,920 Speaker 19: into it. 828 00:38:30,160 --> 00:38:31,719 Speaker 2: Is there a tune in telcos? 829 00:38:32,960 --> 00:38:33,239 Speaker 17: There is? 830 00:38:33,480 --> 00:38:37,960 Speaker 19: There is plenty of people switching back and forth. I mean, 831 00:38:38,760 --> 00:38:40,880 Speaker 19: look at some of the stories you've seen recently about 832 00:38:41,000 --> 00:38:45,239 Speaker 19: Spark losing customers or One losing customers. There are a 833 00:38:45,400 --> 00:38:47,560 Speaker 19: range of options out there, and people are quite happy 834 00:38:47,640 --> 00:38:50,000 Speaker 19: to make use of it. What we're not sure about 835 00:38:50,239 --> 00:38:54,160 Speaker 19: is why people don't move is what the Commission's asking 836 00:38:54,280 --> 00:38:56,759 Speaker 19: us to look at. Why are people staying where they are? 837 00:38:57,000 --> 00:38:58,600 Speaker 19: And I don't know about you, but I rarely think 838 00:38:58,640 --> 00:39:02,439 Speaker 19: about my phone bill are flat rate rates, so it's 839 00:39:02,480 --> 00:39:05,600 Speaker 19: not as if you're sitting there minding your gigabits like 840 00:39:05,680 --> 00:39:07,640 Speaker 19: you used to. You just get on and use it 841 00:39:07,640 --> 00:39:08,080 Speaker 19: and don't. 842 00:39:07,880 --> 00:39:08,360 Speaker 10: Worry about it. 843 00:39:08,400 --> 00:39:10,080 Speaker 2: Well, I think part of the surveyor one of the questions, 844 00:39:10,239 --> 00:39:12,719 Speaker 2: was that they did not want to change provider, even 845 00:39:12,719 --> 00:39:15,799 Speaker 2: if they could save money, because the process seemed too hard. 846 00:39:15,880 --> 00:39:19,359 Speaker 2: Now that's perception, and I can't really help your perception. 847 00:39:19,120 --> 00:39:19,360 Speaker 17: Can I? 848 00:39:20,280 --> 00:39:20,320 Speaker 7: No? 849 00:39:20,560 --> 00:39:23,560 Speaker 19: No, And I think that's a good take on it, Mike. 850 00:39:23,640 --> 00:39:25,840 Speaker 19: I mean, this is a perception issue. It seems like 851 00:39:25,920 --> 00:39:28,359 Speaker 19: it would be too hard. If you're on a swap banks, 852 00:39:28,400 --> 00:39:29,800 Speaker 19: when you've got a mortgage, you need to get a 853 00:39:29,880 --> 00:39:32,080 Speaker 19: lawyer involved. You don't have to do any of that. 854 00:39:32,160 --> 00:39:33,719 Speaker 19: When you've got a phone that you want to move 855 00:39:33,760 --> 00:39:36,120 Speaker 19: to another provider, you ring up and you provide us 856 00:39:36,120 --> 00:39:37,759 Speaker 19: so I'd like to join you and they handle it 857 00:39:37,880 --> 00:39:40,919 Speaker 19: from there. It's actually really quite straightforward. 858 00:39:40,400 --> 00:39:42,439 Speaker 2: Good stuff. Paul, have a good weekend. Appreciate at Paul 859 00:39:42,440 --> 00:39:44,880 Speaker 2: Brislyn to the communications for them. So one of the 860 00:39:44,960 --> 00:39:46,600 Speaker 2: things I bought you witnessed with earlier on in the 861 00:39:46,640 --> 00:39:48,440 Speaker 2: week was my problem with one New Zealand. 862 00:39:48,640 --> 00:39:51,120 Speaker 9: So you immediately changed Telco's right, No, I didn't. 863 00:39:51,600 --> 00:39:55,160 Speaker 2: They rang and apologized and it was entirely their problem, 864 00:39:55,320 --> 00:39:57,560 Speaker 2: which is highly unusual in my life. Normally it's I've 865 00:39:57,600 --> 00:40:01,480 Speaker 2: done something stupid, but it was an entirely their problem. 866 00:40:01,600 --> 00:40:04,839 Speaker 2: It was no fault of my own whatsoever. They apologize 867 00:40:05,000 --> 00:40:08,600 Speaker 2: profusely several times over have changed the system. The system 868 00:40:08,719 --> 00:40:11,160 Speaker 2: change didn't go well for them and it was all 869 00:40:11,280 --> 00:40:13,600 Speaker 2: on them. So I was very pleased by the way. 870 00:40:13,680 --> 00:40:15,759 Speaker 2: Just quickly, while we're talking about competition, just to save 871 00:40:15,840 --> 00:40:17,959 Speaker 2: you complaining about you know, I'm going to Australia because 872 00:40:17,960 --> 00:40:22,279 Speaker 2: everything's cheaper. Their routine headline this morning report won't be 873 00:40:22,280 --> 00:40:26,560 Speaker 2: out until later the day. Australia's supermarkets most profitable in 874 00:40:26,920 --> 00:40:30,600 Speaker 2: the world. This is the Australian Competition Consumer Commission released today. 875 00:40:30,880 --> 00:40:35,080 Speaker 2: Without more substantial rivals, the stranglehold enjoyed by Coles and 876 00:40:35,120 --> 00:40:38,000 Speaker 2: Woolworsts over the nation, shoppers will intensify, delivering them higher 877 00:40:38,000 --> 00:40:41,680 Speaker 2: profit margins they started last year. This investigation, run by 878 00:40:41,719 --> 00:40:44,000 Speaker 2: the federal government will worse thirty eight percent of the market. 879 00:40:44,080 --> 00:40:47,359 Speaker 2: Cole's twenty nine LD nine met cash in there as well. 880 00:40:47,760 --> 00:40:51,360 Speaker 2: They're ripping Australians off, left, right and center allegedly, so 881 00:40:51,480 --> 00:40:53,319 Speaker 2: all the people who think it's cheaper there not true. 882 00:40:53,520 --> 00:40:54,400 Speaker 2: Seven twenty. 883 00:40:56,160 --> 00:41:00,320 Speaker 1: The Mike Asking Breakfast Full Show podcast on a radio 884 00:41:00,640 --> 00:41:02,800 Speaker 1: call it by the newstalksp. 885 00:41:04,040 --> 00:41:06,839 Speaker 2: Now a smaller medium business has got very big needs 886 00:41:06,840 --> 00:41:08,399 Speaker 2: when it comes to the old Internet, which is why 887 00:41:08,440 --> 00:41:10,960 Speaker 2: New Zealand businesses run of course on fiber. So with 888 00:41:11,080 --> 00:41:15,360 Speaker 2: business fiber you can optimize business performance with uncompromising bandwidth 889 00:41:15,400 --> 00:41:17,400 Speaker 2: and reliability. It's great for business looking to get that 890 00:41:17,480 --> 00:41:20,800 Speaker 2: extra edge and sustain it future proof connection which handles 891 00:41:20,840 --> 00:41:23,760 Speaker 2: the most advanced data hungry tasks. You can upload, download 892 00:41:23,840 --> 00:41:27,120 Speaker 2: huge files. You can make super fast transactions, a glittery 893 00:41:27,239 --> 00:41:30,520 Speaker 2: video calls, seamlessly, collaborate online, run multiple cloud based apps. 894 00:41:30,560 --> 00:41:33,160 Speaker 2: With these all of the above, to this day and 895 00:41:33,280 --> 00:41:36,760 Speaker 2: this day and age, it's an absolute must plus for businesses. 896 00:41:36,800 --> 00:41:38,480 Speaker 2: By the way that we've got no time at the downtime, 897 00:41:38,520 --> 00:41:41,200 Speaker 2: the business Fiber customers get the priority fault restoration that 898 00:41:41,320 --> 00:41:43,640 Speaker 2: means getting back online fast says. To find out more 899 00:41:44,120 --> 00:41:46,200 Speaker 2: and to find out which fiber connection would be suit 900 00:41:46,320 --> 00:41:49,279 Speaker 2: your business, check out the Chorus recommendation tool that you'll 901 00:41:49,320 --> 00:41:51,359 Speaker 2: find that at Chorus dot co dot in z forard 902 00:41:51,400 --> 00:41:54,600 Speaker 2: slash business Fiber, that is Coorus dot co dot in 903 00:41:54,719 --> 00:41:57,200 Speaker 2: z forward slash business Fiber. So you can take your 904 00:41:57,239 --> 00:42:00,440 Speaker 2: business productivity next level and get your business running on 905 00:42:00,680 --> 00:42:01,480 Speaker 2: business fiber. 906 00:42:02,040 --> 00:42:02,440 Speaker 1: Pasking. 907 00:42:02,600 --> 00:42:04,319 Speaker 2: There's twenty four time now to mark the week, little 908 00:42:04,320 --> 00:42:06,080 Speaker 2: piece of news and current events that's as popular as 909 00:42:06,120 --> 00:42:07,879 Speaker 2: a capsule that actually works and can get you back 910 00:42:07,880 --> 00:42:11,479 Speaker 2: to earth. GDP seven or point seven, it's a bigger 911 00:42:11,560 --> 00:42:13,560 Speaker 2: under than they thought and an indication that we have 912 00:42:13,760 --> 00:42:16,680 Speaker 2: finally turned the corner. Are the FTA seven? 913 00:42:17,080 --> 00:42:17,200 Speaker 17: Now? 914 00:42:17,239 --> 00:42:19,400 Speaker 2: The media got a bit bogged down on the triviality 915 00:42:19,440 --> 00:42:21,680 Speaker 2: of days. Whether it's sixty or ninety or longer, it's 916 00:42:21,719 --> 00:42:24,160 Speaker 2: not the point. The point is that free trade is 917 00:42:24,280 --> 00:42:27,160 Speaker 2: good for New Zealand inc. Are the COVID loan deadline 918 00:42:27,400 --> 00:42:31,120 Speaker 2: free way? Sad sad sad reminder of why the zero 919 00:42:31,200 --> 00:42:33,440 Speaker 2: point seven and GDP has taken so long to get here? 920 00:42:34,160 --> 00:42:36,080 Speaker 2: Close to a billion dollars is still owed. What do 921 00:42:36,120 --> 00:42:38,120 Speaker 2: you reckon the chances of that being paid back? A huh? 922 00:42:38,480 --> 00:42:41,239 Speaker 2: Can we bad knock? Eight? In some senses? My hero 923 00:42:41,440 --> 00:42:43,719 Speaker 2: of the week net zero for Britain, she said, isn't 924 00:42:43,760 --> 00:42:46,560 Speaker 2: real without a level of economic carnage. She is not 925 00:42:46,680 --> 00:42:49,839 Speaker 2: prepared to put her country through rare honesty. You might 926 00:42:49,880 --> 00:42:52,560 Speaker 2: not like it, but it's true. Local Government New Zealand 927 00:42:52,600 --> 00:42:55,160 Speaker 2: four now this week it was the Western Bay of 928 00:42:55,239 --> 00:42:57,680 Speaker 2: Plenty quitting that organization. Have they worked out they might 929 00:42:57,760 --> 00:43:00,480 Speaker 2: have a problem. Speaking of councils, fung Or and their 930 00:43:00,520 --> 00:43:05,960 Speaker 2: fluoride meeting too. Read the spinoffs blow by blow account 931 00:43:06,000 --> 00:43:08,400 Speaker 2: of that meeting. It's gold, unless, of course you live 932 00:43:08,440 --> 00:43:10,640 Speaker 2: there and pay for it, then it's farcical. The JFK 933 00:43:10,840 --> 00:43:14,160 Speaker 2: files five ye, kind of the con of the week. 934 00:43:14,280 --> 00:43:18,239 Speaker 2: There is no smoking gun on a grassy nol or not. 935 00:43:18,800 --> 00:43:22,520 Speaker 2: Salary reviews seven Yes, growth as the general good economic 936 00:43:22,600 --> 00:43:24,200 Speaker 2: news of the week's salaries are still going up more 937 00:43:24,200 --> 00:43:27,280 Speaker 2: than inflation. In other words, we are winning ted Lasso 938 00:43:27,640 --> 00:43:30,600 Speaker 2: eight another series when they said there wasn't another series 939 00:43:30,680 --> 00:43:34,799 Speaker 2: if one seven you know the New Zealand Later half 940 00:43:34,840 --> 00:43:37,000 Speaker 2: a million of us watched that race. That would make 941 00:43:37,080 --> 00:43:39,319 Speaker 2: it the most watch program of the week, or very 942 00:43:39,320 --> 00:43:43,719 Speaker 2: close to it anyway. Grope seven Pickings Underway. I was in, Oh, 943 00:43:43,920 --> 00:43:48,240 Speaker 2: nice pickings underway. Quality of most areas is outstanding. Fontier 944 00:43:48,239 --> 00:43:51,080 Speaker 2: a half year profits seven. I mean more numbers that 945 00:43:51,160 --> 00:43:54,120 Speaker 2: show farming as golden factors, if not better than gold. 946 00:43:54,239 --> 00:43:56,880 Speaker 2: Are the wars three need dreadful week? The Trump call 947 00:43:56,920 --> 00:43:58,640 Speaker 2: to poot and that was a joke, and the ceasefire 948 00:43:58,680 --> 00:44:00,839 Speaker 2: felt bits in the Middle East. Gold actually gold eight 949 00:44:01,560 --> 00:44:04,680 Speaker 2: Gold is gold at over three thousand announced. That's troubled 950 00:44:04,719 --> 00:44:06,319 Speaker 2: times for you. Isn't it. And that is the week 951 00:44:06,640 --> 00:44:09,000 Speaker 2: copies on the website and it was a special marking 952 00:44:09,040 --> 00:44:11,360 Speaker 2: the week cake this week that was cut earlier this 953 00:44:11,400 --> 00:44:13,879 Speaker 2: week to mark the thirty eighth birthday of News Talk 954 00:44:14,000 --> 00:44:16,120 Speaker 2: zed B, where at least three people were heard to 955 00:44:16,160 --> 00:44:18,560 Speaker 2: say zed B doesn't look a day over twenty seven 956 00:44:18,960 --> 00:44:22,960 Speaker 2: Codskime Building Construction Wykatto Mike busy as we're hiring. Well, 957 00:44:22,960 --> 00:44:24,839 Speaker 2: that's very good here by the way, speaking of F one, 958 00:44:24,960 --> 00:44:28,520 Speaker 2: just quickly, cost of the bill so far in crashes, 959 00:44:28,600 --> 00:44:31,000 Speaker 2: Bearman leads the pack at one point seven million. That 960 00:44:31,080 --> 00:44:34,000 Speaker 2: crash in Melbourne last week. He whacked it badly, one 961 00:44:34,040 --> 00:44:36,440 Speaker 2: point seven million. Very expensive to fix. You know, if 962 00:44:36,480 --> 00:44:38,360 Speaker 2: you thought panel beating your car, you can get the 963 00:44:38,400 --> 00:44:41,640 Speaker 2: parts exactly. Try an F one car. Carlos one point 964 00:44:41,680 --> 00:44:43,480 Speaker 2: three to four million, Jack doing one point one to 965 00:44:43,560 --> 00:44:47,000 Speaker 2: eight Alonzo at nine hundred and ten thousand, but that's Naston. 966 00:44:47,120 --> 00:44:50,000 Speaker 2: They're cheaper. Bought a bought a letter seven hundred and 967 00:44:50,000 --> 00:44:52,480 Speaker 2: twenty five. Liam only cost three hundred thirty four thousand, 968 00:44:52,640 --> 00:44:54,800 Speaker 2: so it wasn't bad at all, just a small bumper. 969 00:44:55,400 --> 00:44:57,080 Speaker 2: Had your three hundred and thirty four thousand, and he 970 00:44:57,120 --> 00:44:58,600 Speaker 2: cried a lot. You see Helmet mark I said it 971 00:44:58,640 --> 00:45:03,520 Speaker 2: was embarrassing when he cried, whereas Christian Horner, who I 972 00:45:03,560 --> 00:45:05,839 Speaker 2: would have thought Philly hard said if your heart went 973 00:45:05,880 --> 00:45:07,960 Speaker 2: out to him. My heart went out to him. But 974 00:45:08,120 --> 00:45:10,400 Speaker 2: Helmet at eighty one years old ago, I think it 975 00:45:10,680 --> 00:45:13,480 Speaker 2: was the door to be fair. 976 00:45:13,440 --> 00:45:19,399 Speaker 9: On Saturday, after Liam you didn't qualify for the second round. 977 00:45:20,600 --> 00:45:23,600 Speaker 9: He looked like he was trying very hard not to cry. 978 00:45:23,680 --> 00:45:26,440 Speaker 2: It'd be devastating news for you in a couple of 979 00:45:26,480 --> 00:45:27,879 Speaker 2: moments than Nikola willis. 980 00:45:28,640 --> 00:45:32,560 Speaker 1: Your source of breaking news, challenging opinion and honors. Back 981 00:45:32,960 --> 00:45:36,160 Speaker 1: the Mike Hosking breakfast with the range Rover, the la 982 00:45:36,640 --> 00:45:39,160 Speaker 1: designed to intrigue and use. Tom said, b. 983 00:45:40,000 --> 00:45:42,920 Speaker 2: Mike seventh performs here, come on at least nine. I'll 984 00:45:43,000 --> 00:45:44,840 Speaker 2: take that. Actually, I think you're probably right. And a 985 00:45:44,880 --> 00:45:46,520 Speaker 2: number of you said why didn't I mean some Sam 986 00:45:46,640 --> 00:45:49,239 Speaker 2: routhe fair enough to He looked pretty good to me 987 00:45:50,440 --> 00:45:52,960 Speaker 2: twenty three minutes away from a to caddy after eight 988 00:45:53,000 --> 00:45:55,359 Speaker 2: being Friday. Of course, meantime, it was a solid piece 989 00:45:55,400 --> 00:45:57,480 Speaker 2: of good news iple anyway the government wanted and probably 990 00:45:57,560 --> 00:45:59,520 Speaker 2: needed it as well. We're out of recessing Q four 991 00:45:59,640 --> 00:46:03,359 Speaker 2: zero seven. Are we on our way to finance? Minister 992 00:46:03,440 --> 00:46:05,040 Speaker 2: Nikola will is with us. Very good morning to you. 993 00:46:05,719 --> 00:46:06,479 Speaker 14: Good morning mate. 994 00:46:06,560 --> 00:46:08,160 Speaker 2: I was surprised. I don't know if you read the 995 00:46:08,200 --> 00:46:09,879 Speaker 2: media or not, but there's a lot of misery around 996 00:46:09,920 --> 00:46:12,000 Speaker 2: the number. I think Radio and New Zealand said we 997 00:46:12,320 --> 00:46:15,640 Speaker 2: crawled out. I mean, zero point seven's a solid number. 998 00:46:15,680 --> 00:46:17,800 Speaker 2: If you annualize it out, it's almost three percent. 999 00:46:18,640 --> 00:46:21,080 Speaker 14: It is solid and the numbers do not lie. Not 1000 00:46:21,200 --> 00:46:23,520 Speaker 14: only was it a positive number, but it was a 1001 00:46:23,760 --> 00:46:27,879 Speaker 14: far bigger number than anyone was predicting. So let's take 1002 00:46:27,960 --> 00:46:30,359 Speaker 14: the good news when it comes. Mike, there's always someone 1003 00:46:30,400 --> 00:46:33,160 Speaker 14: who can think of a nancy negative way of looking 1004 00:46:33,239 --> 00:46:35,640 Speaker 14: at it, But actually, this is an economy that has 1005 00:46:35,680 --> 00:46:38,399 Speaker 14: been bouncing along the bottom for a very long time, 1006 00:46:38,600 --> 00:46:41,160 Speaker 14: and now we are turning the corner. Let's celebrate that 1007 00:46:41,360 --> 00:46:44,000 Speaker 14: it's set to continue. Let's have a positive mindset. 1008 00:46:44,239 --> 00:46:46,240 Speaker 2: Well, that was my next question. Is it set to continue? 1009 00:46:46,320 --> 00:46:49,319 Speaker 2: Q one? What's your sense of it? Manufacturing back into 1010 00:46:49,360 --> 00:46:53,920 Speaker 2: negative consumers manufacturing expanding, sorry, consumer into negative though. Have 1011 00:46:54,040 --> 00:46:55,359 Speaker 2: we got continued growth? 1012 00:46:56,320 --> 00:47:01,080 Speaker 14: Yes, those tail wines of tourism up doing well. Our 1013 00:47:01,200 --> 00:47:04,320 Speaker 14: agricultural export is doing well. That is set to continue. 1014 00:47:04,640 --> 00:47:08,200 Speaker 14: But we're also going to see households I think, getting 1015 00:47:08,320 --> 00:47:11,319 Speaker 14: more of their household budget able to be spent because 1016 00:47:11,360 --> 00:47:13,439 Speaker 14: they're going to be switching on to lower mortgage rates. 1017 00:47:13,480 --> 00:47:15,800 Speaker 14: So that should continue to flow through into the economy. 1018 00:47:15,840 --> 00:47:20,359 Speaker 14: And the consensus across the forecasters is growth accelerates this year, 1019 00:47:20,760 --> 00:47:23,200 Speaker 14: which is exactly what we need because that's when people 1020 00:47:23,239 --> 00:47:25,480 Speaker 14: are going to start feeling genuinely better off. 1021 00:47:25,800 --> 00:47:28,120 Speaker 2: Okay, are we reliant on too few industries? Mind you, 1022 00:47:28,160 --> 00:47:29,960 Speaker 2: that's an age old question, I suppose, isn't it. 1023 00:47:30,840 --> 00:47:33,840 Speaker 14: No, I don't think so. I visited this week a 1024 00:47:34,160 --> 00:47:37,040 Speaker 14: business in Toronga who are doing some of the best 1025 00:47:37,200 --> 00:47:40,759 Speaker 14: automated vehicles in the world, drones and the like, exporting 1026 00:47:41,200 --> 00:47:44,879 Speaker 14: around the world, being bought by international defense forces. They're 1027 00:47:44,920 --> 00:47:48,480 Speaker 14: doing that from New Zealand. I went to Auckland University 1028 00:47:48,560 --> 00:47:51,719 Speaker 14: yesterday where they are producing medical devices that are world 1029 00:47:51,880 --> 00:47:53,760 Speaker 14: leading businesses that are growing. 1030 00:47:53,960 --> 00:47:54,000 Speaker 13: So. 1031 00:47:54,719 --> 00:47:57,520 Speaker 14: Yes, we've got dairy, Yes, we've got tourism. They're fantastic. 1032 00:47:58,239 --> 00:48:00,480 Speaker 14: We shouldn't we shouldn't be sad about that. But we've 1033 00:48:00,520 --> 00:48:02,600 Speaker 14: got other industries coming along as well. 1034 00:48:02,880 --> 00:48:05,160 Speaker 2: Our current account, though, which was a number also out 1035 00:48:05,200 --> 00:48:07,600 Speaker 2: this week at six point two percent of GDP is bollocks. 1036 00:48:07,680 --> 00:48:10,000 Speaker 2: When does that get addressed? And in your mind, what 1037 00:48:10,360 --> 00:48:11,080 Speaker 2: is addressed? 1038 00:48:12,120 --> 00:48:14,319 Speaker 14: Well, it is getting better, So that's the first thing 1039 00:48:14,360 --> 00:48:17,160 Speaker 14: I'd say there because of that growth and the tourism 1040 00:48:17,239 --> 00:48:19,840 Speaker 14: numbers in the terms of trade being better, the prices 1041 00:48:19,840 --> 00:48:22,480 Speaker 14: we're getting for our goods being better, that is improving. 1042 00:48:22,880 --> 00:48:24,440 Speaker 14: The challenge we have is we do have a lot 1043 00:48:24,480 --> 00:48:28,120 Speaker 14: of multinational business here is here, including banks, so their 1044 00:48:28,200 --> 00:48:31,520 Speaker 14: funds do get repatriated back to those countries and so 1045 00:48:31,840 --> 00:48:33,920 Speaker 14: that is always a challenge to our current account. But 1046 00:48:34,000 --> 00:48:37,080 Speaker 14: what we want to see is export is exporting more 1047 00:48:37,400 --> 00:48:41,160 Speaker 14: for higher prices, and actually that is set to continue. 1048 00:48:41,280 --> 00:48:44,919 Speaker 2: Yeah, it is. And so exports increased by almost let's 1049 00:48:44,920 --> 00:48:47,160 Speaker 2: call it seven hundred million in the December quarter to 1050 00:48:47,239 --> 00:48:50,719 Speaker 2: eighteen and a half billion. But our imports increased as well. 1051 00:48:50,800 --> 00:48:53,120 Speaker 2: Are we importing too much stuff or do we just 1052 00:48:53,280 --> 00:48:56,080 Speaker 2: not make enough stuff so therefore we have to import stuff. 1053 00:48:57,040 --> 00:49:00,000 Speaker 14: Well, we do have to import stuff because we can't 1054 00:49:00,200 --> 00:49:03,839 Speaker 14: manufacture all of the sophisticated goods on New Zealand consumers want. 1055 00:49:04,560 --> 00:49:07,200 Speaker 14: But what I'm really encouraged to see is that we 1056 00:49:07,360 --> 00:49:10,080 Speaker 14: are selling more offshore too. That's the book I think 1057 00:49:10,120 --> 00:49:13,040 Speaker 14: we really need to focus on, is that export lead 1058 00:49:13,120 --> 00:49:16,719 Speaker 14: recovery having Our export is selling more products to more 1059 00:49:16,800 --> 00:49:21,359 Speaker 14: markets at higher prices, and that is happening. Our flexible dollar, 1060 00:49:21,440 --> 00:49:24,279 Speaker 14: our floating exchange rate is obviously helping with that. It's 1061 00:49:24,480 --> 00:49:28,600 Speaker 14: ensuring that our exporters remain competitive. And look, I think 1062 00:49:28,640 --> 00:49:29,799 Speaker 14: there's a positive story there. 1063 00:49:30,080 --> 00:49:34,440 Speaker 2: Okay, does the zero point seven on GDP give you 1064 00:49:34,760 --> 00:49:37,919 Speaker 2: hope that the tail of the jobs which lags, of course, 1065 00:49:38,480 --> 00:49:40,560 Speaker 2: might end a little bit or peak a little bit 1066 00:49:40,600 --> 00:49:42,279 Speaker 2: sooner than we thought, or it is what it is. 1067 00:49:43,040 --> 00:49:46,000 Speaker 14: Well, we have seen the forecasts for unemployment coming off 1068 00:49:46,120 --> 00:49:49,799 Speaker 14: a little bit since we came to government. As you've said, 1069 00:49:50,320 --> 00:49:53,280 Speaker 14: employment is the last thing to recover when an economy 1070 00:49:53,360 --> 00:49:56,520 Speaker 14: goes through a time like New Zealand has. The forecasts 1071 00:49:56,560 --> 00:49:58,880 Speaker 14: are that it will peak halfway through the year and 1072 00:49:58,920 --> 00:50:00,799 Speaker 14: then it's going to get better in the second half 1073 00:50:00,840 --> 00:50:03,160 Speaker 14: of the year. That's consistent with what I'm seeing in 1074 00:50:03,200 --> 00:50:06,040 Speaker 14: the economy, which is that we are seeing that many 1075 00:50:06,080 --> 00:50:09,040 Speaker 14: firms are continuing to hire, and we are seeing that 1076 00:50:09,080 --> 00:50:11,719 Speaker 14: they're still demand for a lot of workers across a 1077 00:50:11,760 --> 00:50:14,560 Speaker 14: lot of industry. So I think with the stronger number 1078 00:50:14,560 --> 00:50:17,400 Speaker 14: off the back of last year, we could get a 1079 00:50:17,440 --> 00:50:19,759 Speaker 14: pretty positive impact for employment as well. 1080 00:50:20,000 --> 00:50:21,799 Speaker 2: I'm not sure this is in your wheelhouse, but I'm 1081 00:50:21,800 --> 00:50:24,840 Speaker 2: reading yesterday in Australia, the Americans have got hold of 1082 00:50:24,880 --> 00:50:27,600 Speaker 2: the Australian beef situation. So the Australians export a lot 1083 00:50:27,640 --> 00:50:29,759 Speaker 2: of beef to America. We export a lot of beef 1084 00:50:29,800 --> 00:50:32,440 Speaker 2: to America as well. The Americans are not happy with 1085 00:50:32,440 --> 00:50:34,719 Speaker 2: the Australians because it's not reciprocated. They've come up with 1086 00:50:34,760 --> 00:50:36,560 Speaker 2: a whole bunch of reasons why they can't import a 1087 00:50:36,600 --> 00:50:39,200 Speaker 2: lot of American beef. Are we in that cart as 1088 00:50:39,280 --> 00:50:39,920 Speaker 2: well or not? 1089 00:50:41,160 --> 00:50:43,160 Speaker 14: I don't think that we are. I want to be 1090 00:50:43,239 --> 00:50:46,719 Speaker 14: diplomatic about other countries' trade disputes, but one thing New 1091 00:50:46,800 --> 00:50:50,000 Speaker 14: Zealand has always done well as we play by the 1092 00:50:50,160 --> 00:50:54,439 Speaker 14: rules internationally. We have low tariffs. We don't use non 1093 00:50:54,560 --> 00:50:57,680 Speaker 14: tariff barriers to try and exclude people from our market, 1094 00:50:58,640 --> 00:51:02,879 Speaker 14: and that position us well visa the US because we're 1095 00:51:02,920 --> 00:51:05,400 Speaker 14: not doing naughty things, Mike, so we don't have anything 1096 00:51:05,480 --> 00:51:08,759 Speaker 14: to get caught out on. And we also around the 1097 00:51:08,840 --> 00:51:12,920 Speaker 14: world have a number of trading relationships where We're well respected. 1098 00:51:13,080 --> 00:51:13,799 Speaker 20: So while the. 1099 00:51:13,840 --> 00:51:17,120 Speaker 14: Global picture on trade isn't the one that I would prefer, 1100 00:51:17,600 --> 00:51:19,360 Speaker 14: within it, New Zealand's well positioned. 1101 00:51:19,440 --> 00:51:23,200 Speaker 2: Okay, just one more thing. Your business of the Reserve Bank, 1102 00:51:23,320 --> 00:51:25,520 Speaker 2: the amount of money retail banks have to put to 1103 00:51:25,600 --> 00:51:28,600 Speaker 2: one side under the Adrian or regime, and your design 1104 00:51:28,680 --> 00:51:30,520 Speaker 2: to do something about that, where are you at with that? 1105 00:51:31,880 --> 00:51:34,640 Speaker 14: Well, look, my observation is a simple one, which is 1106 00:51:34,760 --> 00:51:38,920 Speaker 14: that everyone said when those higher kypteradequacy ratios were put 1107 00:51:38,960 --> 00:51:43,600 Speaker 14: on that it could dampen GDP, restrict lending and add 1108 00:51:44,080 --> 00:51:46,800 Speaker 14: to interest rates. So I think it's timely that the 1109 00:51:46,880 --> 00:51:51,200 Speaker 14: Parliamentary Select Committee is now examining that and asking whether 1110 00:51:51,280 --> 00:51:54,759 Speaker 14: that has happened. The Reserve Bank will be presenting to 1111 00:51:54,920 --> 00:51:57,120 Speaker 14: that Select Committee next week, and I think it's very 1112 00:51:57,160 --> 00:52:00,360 Speaker 14: important that they have their say about what's going on, 1113 00:52:00,719 --> 00:52:04,120 Speaker 14: because of course, ultimately they have options about whether or 1114 00:52:04,120 --> 00:52:06,200 Speaker 14: not they continue to do this ramp up that has 1115 00:52:06,239 --> 00:52:07,439 Speaker 14: been the case in recent years. 1116 00:52:07,640 --> 00:52:08,960 Speaker 2: All right, appreciate you time you I have a good 1117 00:52:09,000 --> 00:52:11,960 Speaker 2: weekend with Nikola Willis, who is the Finance Minister. Seventeen 1118 00:52:11,960 --> 00:52:14,480 Speaker 2: minutes away from eight past guess on that current account 1119 00:52:14,480 --> 00:52:15,880 Speaker 2: and I know it's a bit wonky, but it is 1120 00:52:15,960 --> 00:52:18,680 Speaker 2: critically important. The current account is what we do with 1121 00:52:18,760 --> 00:52:20,759 Speaker 2: the world. In other words, do we do more with 1122 00:52:20,880 --> 00:52:23,480 Speaker 2: the world than they do with us? And it's the latter, 1123 00:52:23,800 --> 00:52:25,840 Speaker 2: and that's always bad. So the current account deficit was 1124 00:52:25,840 --> 00:52:28,760 Speaker 2: twenty six point four billion dollars. It is an improvement, 1125 00:52:28,760 --> 00:52:31,400 Speaker 2: as Nikola Willis said, but not by much. It was 1126 00:52:31,520 --> 00:52:33,880 Speaker 2: six point five percent of GDP, so that's gone down 1127 00:52:33,920 --> 00:52:35,759 Speaker 2: to six point two percent. It should be zero or 1128 00:52:35,800 --> 00:52:37,719 Speaker 2: the opposite. In other words, we should be selling more 1129 00:52:37,760 --> 00:52:41,400 Speaker 2: to the world than we're importing, and we're not. We haven't, 1130 00:52:41,680 --> 00:52:45,000 Speaker 2: we don't, and that's going to hold us back. So 1131 00:52:45,280 --> 00:52:48,359 Speaker 2: the exports have increased again, all of which is good, 1132 00:52:48,800 --> 00:52:51,560 Speaker 2: but so of the imports by half a billion dollars 1133 00:52:51,600 --> 00:52:54,120 Speaker 2: to twenty billion versus the eighteen billion dollars worth that 1134 00:52:54,239 --> 00:52:56,680 Speaker 2: we sold to the world, so that continues to be 1135 00:52:56,760 --> 00:52:57,799 Speaker 2: a drag. Sixteen to two. 1136 00:52:59,480 --> 00:53:03,360 Speaker 1: The VIC Asking Breakfast, a full show podcast on iHeartRadio, 1137 00:53:03,640 --> 00:53:06,160 Speaker 1: Power by the News talks at be Mike. 1138 00:53:06,239 --> 00:53:08,680 Speaker 2: The New Zealand dollar needs to devalue to solve all 1139 00:53:08,719 --> 00:53:11,600 Speaker 2: these problems? Are you serious? How much would you like 1140 00:53:11,680 --> 00:53:12,360 Speaker 2: it to devalue? 1141 00:53:12,440 --> 00:53:12,600 Speaker 18: Two? 1142 00:53:13,080 --> 00:53:15,640 Speaker 2: As it sits at forty four P. Would you like 1143 00:53:15,719 --> 00:53:19,640 Speaker 2: it down at twelve P? I mean, he's serious. Finland's 1144 00:53:19,640 --> 00:53:21,360 Speaker 2: the happiest country in the world. Again, I look at 1145 00:53:21,440 --> 00:53:26,000 Speaker 2: Valterei Botas, He's the only thing I know, and he doesn't. 1146 00:53:26,680 --> 00:53:30,719 Speaker 2: He seems at peace with himself. But apart from that, 1147 00:53:30,800 --> 00:53:32,839 Speaker 2: I don't look at Valteri Botas and go, my word, 1148 00:53:32,920 --> 00:53:36,440 Speaker 2: what a happy chap. Anyway, this is the UN sponsored 1149 00:53:36,480 --> 00:53:39,600 Speaker 2: World Happiness Report, apparently yesterday or today's World Happiness Day, 1150 00:53:39,600 --> 00:53:42,120 Speaker 2: which is once again another stupid thing the United Nations 1151 00:53:42,200 --> 00:53:48,840 Speaker 2: has invented. They did this test on lost wallets and strangers, 1152 00:53:48,880 --> 00:53:50,960 Speaker 2: as it turns out, are about twice as kind as 1153 00:53:51,040 --> 00:53:54,600 Speaker 2: people think. So they measure trust. So how many wallets 1154 00:53:54,640 --> 00:53:56,560 Speaker 2: they lose, how many got put back? And it was 1155 00:53:56,600 --> 00:53:59,120 Speaker 2: twice as many as you want. And now here's the 1156 00:53:59,200 --> 00:54:01,719 Speaker 2: really interesting thing from my point of view. Actually, I'll 1157 00:54:01,719 --> 00:54:03,480 Speaker 2: give you that in a moment. So ten through nine, 1158 00:54:03,520 --> 00:54:05,239 Speaker 2: you want to do ten through one as better than 1159 00:54:05,280 --> 00:54:09,280 Speaker 2: one through ten? Ten Mexico first time top ten Mexico, 1160 00:54:09,440 --> 00:54:11,640 Speaker 2: so happy they'll be that president. The way she took 1161 00:54:11,640 --> 00:54:15,920 Speaker 2: on Trump on the tariffs, I reckon Luxembourg. Nine Israel 1162 00:54:17,560 --> 00:54:22,799 Speaker 2: really really right now, Israel is the eighth happiest place 1163 00:54:22,840 --> 00:54:27,600 Speaker 2: in the world. Honestly, imagine what would happen if the 1164 00:54:27,640 --> 00:54:32,040 Speaker 2: war stop. That's straight to number one Norway, Costa Rica. 1165 00:54:32,080 --> 00:54:34,880 Speaker 2: What do you reckon's going on there? Netherlands they'll be 1166 00:54:34,920 --> 00:54:39,480 Speaker 2: the drugs. Sweden and the usual suspect Sweden, Iceland and 1167 00:54:39,640 --> 00:54:43,880 Speaker 2: Mark Finland. They're all interchangeable. But ninety percent of Finns 1168 00:54:45,120 --> 00:54:48,560 Speaker 2: sauna every week, and that is the key to happiness 1169 00:54:48,600 --> 00:54:51,719 Speaker 2: in my book. If you sauna every week, not only 1170 00:54:51,840 --> 00:54:55,080 Speaker 2: do you live longer, but it's a communal they communally sauna. 1171 00:54:55,160 --> 00:54:57,200 Speaker 2: I don't favor that myself, and I don't. 1172 00:54:57,440 --> 00:54:59,320 Speaker 9: Like these ones that you see by the beach. You know, 1173 00:54:59,400 --> 00:55:00,520 Speaker 9: they park by the beach. 1174 00:55:00,600 --> 00:55:01,680 Speaker 2: Yea very uncomon. 1175 00:55:01,840 --> 00:55:04,640 Speaker 9: And when I'm by the beach normally I'm quite hot. 1176 00:55:04,880 --> 00:55:06,160 Speaker 2: Yeah, you know, I want to get hot here, I 1177 00:55:06,200 --> 00:55:08,480 Speaker 2: don't really want to exactly. And also I don't want 1178 00:55:08,560 --> 00:55:11,799 Speaker 2: to be naked. Communally, I find that I. 1179 00:55:11,840 --> 00:55:13,800 Speaker 9: Don't even want to be sitting on something that somebody 1180 00:55:13,880 --> 00:55:15,880 Speaker 9: else has been sitting on communally. 1181 00:55:16,080 --> 00:55:19,160 Speaker 2: So I sauna each day, literally every day at home, 1182 00:55:19,320 --> 00:55:22,040 Speaker 2: by myself, and I find that to be good company, 1183 00:55:22,680 --> 00:55:27,920 Speaker 2: but you cannot underestimate the health benefits of saunaing ten 1184 00:55:27,960 --> 00:55:29,360 Speaker 2: minutes away from eight the. 1185 00:55:29,560 --> 00:55:33,319 Speaker 1: Mike Hosking Breakfast with Bailey's Real Estate News Talks, there'd be. 1186 00:55:33,480 --> 00:55:35,600 Speaker 2: Sim and Katy shortly seven away from a big weekend 1187 00:55:35,640 --> 00:55:38,440 Speaker 2: in Central Otago, the inaugural Airboo Classic. This is an 1188 00:55:38,480 --> 00:55:40,880 Speaker 2: narrow town. Hundreds of vintage and luxury cars are going 1189 00:55:40,920 --> 00:55:42,400 Speaker 2: to be on show. Now the wind and boss and 1190 00:55:42,560 --> 00:55:45,279 Speaker 2: the Airburn owner is Chris me and who's with us? 1191 00:55:45,320 --> 00:55:48,520 Speaker 2: Chris morning, I much tell you, I'm very well. Indeed, 1192 00:55:48,920 --> 00:55:51,000 Speaker 2: it feels to me like a touch of the Pebble Beaches. 1193 00:55:51,040 --> 00:55:52,759 Speaker 2: Has it got that sort of vibe about it? 1194 00:55:53,440 --> 00:55:55,640 Speaker 16: Yeah, I'd say more good Wood than Pebble Beach. Prebble 1195 00:55:55,719 --> 00:55:57,719 Speaker 16: Beach is a bit of gold buttons and cravats, But 1196 00:55:58,160 --> 00:55:59,600 Speaker 16: and I think good woulds a bit more fun. So 1197 00:55:59,640 --> 00:56:02,560 Speaker 16: it's sort of heading more towards the Goodwood style of event. 1198 00:56:02,640 --> 00:56:05,120 Speaker 16: But it'll be it'll be a great thing for Christ 1199 00:56:05,520 --> 00:56:06,480 Speaker 16: and a great thing from giving on. 1200 00:56:06,600 --> 00:56:06,719 Speaker 17: Well. 1201 00:56:06,719 --> 00:56:08,719 Speaker 2: I was going to say, is this about Airburn, which 1202 00:56:08,719 --> 00:56:11,839 Speaker 2: of people don't know as a facility in its own right? 1203 00:56:11,960 --> 00:56:13,759 Speaker 2: Is it about Airburn or the regional both. 1204 00:56:15,200 --> 00:56:17,000 Speaker 16: I think it's both much. I mean, if you put 1205 00:56:17,040 --> 00:56:19,319 Speaker 16: it in context, and a year and a half ago 1206 00:56:19,440 --> 00:56:21,480 Speaker 16: was a was a sheep paddict that no one came to. 1207 00:56:21,719 --> 00:56:23,640 Speaker 16: And then we've got ten restaurants and bars and a 1208 00:56:24,200 --> 00:56:27,359 Speaker 16: fantastic winery and we're doing about forty thousand meals a month, 1209 00:56:27,400 --> 00:56:29,879 Speaker 16: So it's a it's a big step up from being 1210 00:56:29,920 --> 00:56:32,160 Speaker 16: a place that no one visited. And we just want 1211 00:56:32,400 --> 00:56:35,120 Speaker 16: fun events like this to encourage people to come and 1212 00:56:35,239 --> 00:56:35,520 Speaker 16: just have a. 1213 00:56:35,520 --> 00:56:37,400 Speaker 20: Great weekend and the tourism. 1214 00:56:37,440 --> 00:56:39,719 Speaker 2: Are you seeing that in the region itself doesn't need 1215 00:56:39,880 --> 00:56:41,799 Speaker 2: more events? I thought the place was pai. 1216 00:56:43,360 --> 00:56:44,960 Speaker 16: No, I think you've got you know, there's almost to 1217 00:56:45,080 --> 00:56:46,640 Speaker 16: be a reason for people to come down here. I 1218 00:56:46,719 --> 00:56:48,840 Speaker 16: think we're providing a good reason. And I think in 1219 00:56:48,960 --> 00:56:50,920 Speaker 16: time we will be an event, you know, of a 1220 00:56:51,000 --> 00:56:53,880 Speaker 16: caliber of a marathon or the usualand to and go, 1221 00:56:54,080 --> 00:56:57,080 Speaker 16: and we'll get a lot of visitation from overseas as well. 1222 00:56:57,360 --> 00:56:59,239 Speaker 2: Good how many cars you got and what are they 1223 00:56:59,520 --> 00:57:00,920 Speaker 2: tempt me? Are they all on you? 1224 00:57:02,800 --> 00:57:04,120 Speaker 16: So if you had asked me a week, yeah, we've 1225 00:57:04,120 --> 00:57:05,879 Speaker 16: got about two hundred on display. But I think that's 1226 00:57:05,920 --> 00:57:09,360 Speaker 16: climbing and probably closer to fifty. Now we've got everything 1227 00:57:09,480 --> 00:57:16,520 Speaker 16: from you know, Lamborghini's, Bpaghetti's, lots of Ferraris, Asin Martin Monzroyce, mccarit, Lodgers. 1228 00:57:18,240 --> 00:57:20,200 Speaker 2: It's amazing, isn't it? Because I don't know if you're 1229 00:57:20,200 --> 00:57:22,680 Speaker 2: a car guy, but New Zealand has per head of 1230 00:57:22,760 --> 00:57:25,240 Speaker 2: population more cars than anyone else in the world apart 1231 00:57:25,280 --> 00:57:28,240 Speaker 2: from America. And you hit the highway on any given 1232 00:57:28,320 --> 00:57:31,720 Speaker 2: Sunday and the number of fantastic cars in people's garages 1233 00:57:31,840 --> 00:57:33,720 Speaker 2: or collections is incredible. 1234 00:57:35,080 --> 00:57:37,120 Speaker 16: It's been extraordinary. All the cars have just come up 1235 00:57:37,160 --> 00:57:39,120 Speaker 16: with woodwork, particularly in the Southland. A lot of them 1236 00:57:39,160 --> 00:57:42,040 Speaker 16: stepped away in Barnes and verses and people have had 1237 00:57:42,080 --> 00:57:43,800 Speaker 16: them for years and that they're itching for a chance 1238 00:57:43,880 --> 00:57:45,000 Speaker 16: to hit them on display. 1239 00:57:45,520 --> 00:57:47,560 Speaker 2: Yeah, well you have a good time with them. Appreciate 1240 00:57:47,600 --> 00:57:50,120 Speaker 2: your time. Chris mean, who's the Winter CEO and the 1241 00:57:50,200 --> 00:57:53,920 Speaker 2: airburn owner? It is five minutes away from eight pasking. 1242 00:57:55,400 --> 00:57:57,280 Speaker 2: When was the last time you used to blow a 1243 00:57:57,400 --> 00:58:03,439 Speaker 2: back Champ? Jeez, don't take me on on a Friday, Pal. 1244 00:58:04,640 --> 00:58:05,880 Speaker 2: I'm pretty sure I lived with it. 1245 00:58:06,440 --> 00:58:07,440 Speaker 9: Yeah, I sleep with it. 1246 00:58:07,720 --> 00:58:11,880 Speaker 2: When was the last time Piccaday Pickaday that ends with why, buddy, 1247 00:58:12,920 --> 00:58:15,040 Speaker 2: every day is a blow of back? What time do 1248 00:58:15,080 --> 00:58:17,680 Speaker 2: you get up to come exactly precisely what when? 1249 00:58:17,880 --> 00:58:20,320 Speaker 9: The question do you think Mike's neighbors hate him so much? 1250 00:58:20,600 --> 00:58:21,000 Speaker 2: Exactly? 1251 00:58:21,360 --> 00:58:21,920 Speaker 9: He will use it. 1252 00:58:22,240 --> 00:58:25,440 Speaker 2: The question you should the question you should have asked, 1253 00:58:26,320 --> 00:58:29,520 Speaker 2: my friend is when was the last time you didn't 1254 00:58:29,640 --> 00:58:32,320 Speaker 2: use a blower? Fact, that was the question Mike. Is 1255 00:58:32,320 --> 00:58:35,000 Speaker 2: you're on a traditional or infrared? Very very good question. 1256 00:58:35,600 --> 00:58:37,880 Speaker 2: It's traditional, So the infrared one. I can tell you. 1257 00:58:37,920 --> 00:58:40,120 Speaker 2: I can bore your witness about this, the infrared, because 1258 00:58:40,160 --> 00:58:42,240 Speaker 2: we looked into getting one of those. The infrared runs 1259 00:58:42,280 --> 00:58:45,000 Speaker 2: at are much lower temperature. But what I didn't know 1260 00:58:45,440 --> 00:58:47,720 Speaker 2: until I looked into it is it can only run 1261 00:58:47,800 --> 00:58:51,080 Speaker 2: twenty degrees warmer than the room it's in. So you've 1262 00:58:51,080 --> 00:58:53,120 Speaker 2: got to have a reasonably warm room to start with. 1263 00:58:53,200 --> 00:58:55,120 Speaker 2: And if you don't have a reasonably warm room, and 1264 00:58:55,240 --> 00:58:57,240 Speaker 2: it's it's it's sort of an inside out thing. Whereas 1265 00:58:57,280 --> 00:58:59,800 Speaker 2: a traditional saunas you run it at like eighty ninety 1266 00:58:59,800 --> 00:59:05,120 Speaker 2: degree very celsius, and that's hot, so you're sweat, whereas 1267 00:59:05,240 --> 00:59:07,320 Speaker 2: the other one you don't sweat as much. You do 1268 00:59:07,440 --> 00:59:09,320 Speaker 2: after a while. But it's an inside out sort of 1269 00:59:09,360 --> 00:59:12,040 Speaker 2: cooking process the old infrared. But the infrared is much 1270 00:59:12,120 --> 00:59:14,720 Speaker 2: easier because it's a sort of a plug and go. 1271 00:59:14,920 --> 00:59:15,520 Speaker 2: You can get them. 1272 00:59:15,440 --> 00:59:18,360 Speaker 9: Indoors and stuff of a microwave situation. 1273 00:59:18,120 --> 00:59:19,920 Speaker 2: Not unlike a microrive that's correct. 1274 00:59:19,960 --> 00:59:21,400 Speaker 9: And so you go round around on a. 1275 00:59:23,400 --> 00:59:25,919 Speaker 2: You're not actually moving. It doesn't going when you're ready. 1276 00:59:26,600 --> 00:59:29,720 Speaker 2: But they're much easier to do, and people people swear 1277 00:59:29,760 --> 00:59:31,600 Speaker 2: by them that use them. But I was looking at 1278 00:59:31,600 --> 00:59:33,840 Speaker 2: an infrared, but we decided to go with the traditional. 1279 00:59:33,840 --> 00:59:35,680 Speaker 9: That's a shame because after you'd had your cold shower, 1280 00:59:35,720 --> 00:59:38,160 Speaker 9: you can get in there and put it on to frost. 1281 00:59:38,080 --> 00:59:41,560 Speaker 2: Y, use it a couple of moments, and then timid 1282 00:59:41,600 --> 00:59:43,160 Speaker 2: cat you do the week you're on the mic Hosking 1283 00:59:43,240 --> 00:59:47,120 Speaker 2: Breakfast Masie. 1284 00:59:46,760 --> 00:59:51,240 Speaker 1: The news and the news makers, the mic Hosking Breakfast 1285 00:59:51,480 --> 00:59:55,880 Speaker 1: with Bailey's real Estate altogether better across residential, commercial and 1286 00:59:56,120 --> 00:59:57,040 Speaker 1: rural news talks. 1287 00:59:57,080 --> 00:59:57,360 Speaker 17: He'd be. 1288 01:00:00,120 --> 01:00:02,720 Speaker 20: You hand me one, sir, hurts you back. You gave 1289 01:00:02,840 --> 01:00:04,400 Speaker 20: us kickery, gave us snuff. 1290 01:00:04,560 --> 01:00:07,160 Speaker 1: You smashed the plate over my head, and I said, 1291 01:00:07,240 --> 01:00:08,560 Speaker 1: fire to our bit. 1292 01:00:09,840 --> 01:00:11,400 Speaker 2: What a great bully's fan you me? 1293 01:00:11,560 --> 01:00:12,840 Speaker 20: One seats back. 1294 01:00:12,960 --> 01:00:14,000 Speaker 17: You gave her kickuy. 1295 01:00:14,120 --> 01:00:16,240 Speaker 2: I loved live album as well. I don't love live 1296 01:00:16,280 --> 01:00:19,120 Speaker 2: albums anymore. You know, there aren't many live albums. I 1297 01:00:19,120 --> 01:00:21,840 Speaker 2: don't know why, because not like everyone isn't touring. Why 1298 01:00:21,880 --> 01:00:23,400 Speaker 2: don't they just stick a tape recorder on it and 1299 01:00:23,480 --> 01:00:26,520 Speaker 2: just you know, put it out anyway. This is called 1300 01:00:26,560 --> 01:00:29,080 Speaker 2: Symphony of the Lungs the BBC proms at the Royal 1301 01:00:29,120 --> 01:00:31,560 Speaker 2: Albert Hall, Royal Overhol's beautiful, just across the road from 1302 01:00:31,640 --> 01:00:34,840 Speaker 2: Kensington Palace, which isn't the palace. And I know that 1303 01:00:34,960 --> 01:00:37,080 Speaker 2: because I went there last time I was in London 1304 01:00:37,120 --> 01:00:38,920 Speaker 2: and I thought, this isn't the palace. This is misnamed 1305 01:00:39,000 --> 01:00:41,000 Speaker 2: for a start. This is just a large house and 1306 01:00:41,160 --> 01:00:45,720 Speaker 2: to be Frank nfberticularly the interest of one Kensington House anyway, 1307 01:00:45,720 --> 01:00:48,040 Speaker 2: across the road from Royal Albert Lawrence and the Machine 1308 01:00:48,280 --> 01:00:51,880 Speaker 2: James Buckley and his orchestra. This was recorded September last year. 1309 01:00:52,840 --> 01:00:55,120 Speaker 2: Live recording, as you can hear, featured the standard album 1310 01:00:55,240 --> 01:00:57,440 Speaker 2: in its entirety, but we also have in this one 1311 01:00:58,040 --> 01:01:01,440 Speaker 2: B sides and some bonus tracks and boy what a 1312 01:01:01,480 --> 01:01:05,880 Speaker 2: bones to do? Seventeen songs, one hour and twenty three 1313 01:01:06,000 --> 01:01:07,320 Speaker 2: minutes worth of music. 1314 01:01:07,360 --> 01:01:11,280 Speaker 1: And that's a week interview with two degrees bringing smart 1315 01:01:11,360 --> 01:01:12,840 Speaker 1: business solutions to the table. 1316 01:01:12,960 --> 01:01:14,160 Speaker 2: I was just going to say, that's the good thing 1317 01:01:14,200 --> 01:01:16,520 Speaker 2: about live albums. They tend to interpret the songs and 1318 01:01:16,680 --> 01:01:18,720 Speaker 2: you know, send them out and play a few riffs 1319 01:01:18,760 --> 01:01:20,960 Speaker 2: and brakes and no, it's as to be down. Tim 1320 01:01:21,000 --> 01:01:22,320 Speaker 2: Wilson's with us along with Kayhawks. 1321 01:01:22,360 --> 01:01:26,920 Speaker 21: Me morning, morning, morning, good morning, good morning, good morning. 1322 01:01:27,240 --> 01:01:30,840 Speaker 21: Hey quick quick yeah, go okay, go ahead, you go, Tim. 1323 01:01:31,360 --> 01:01:32,680 Speaker 21: I just want to know when you say a blow 1324 01:01:32,720 --> 01:01:34,160 Speaker 21: a vac, is that like a leaf blower? 1325 01:01:34,480 --> 01:01:35,480 Speaker 10: Is that what you're talking about? 1326 01:01:36,040 --> 01:01:39,440 Speaker 2: I know, Tim, Welcome to till time. So what you've 1327 01:01:39,480 --> 01:01:45,120 Speaker 2: got is the blower. Traditionally, you start your engine and 1328 01:01:45,200 --> 01:01:48,080 Speaker 2: then you pull the trigger and it blows, blow, blow, blow, 1329 01:01:48,120 --> 01:01:50,840 Speaker 2: blow blow. If you get a bigger version of that, 1330 01:01:50,920 --> 01:01:52,560 Speaker 2: you can get a blower vac. So there's a little 1331 01:01:52,720 --> 01:01:55,560 Speaker 2: knob or a handle on the side that you twist 1332 01:01:55,960 --> 01:01:59,160 Speaker 2: and then it internally does something so it becomes a sucker. 1333 01:02:00,480 --> 01:02:02,840 Speaker 20: Oh I like that. Okay, I like that because I 1334 01:02:02,880 --> 01:02:06,840 Speaker 20: hate blowers. Blowers are just blowers. Just make your problem 1335 01:02:07,080 --> 01:02:10,600 Speaker 20: other people's problems. It's it's it's like running the bower 1336 01:02:10,800 --> 01:02:11,600 Speaker 20: without a catcher. 1337 01:02:11,920 --> 01:02:15,760 Speaker 2: That's unless you get a multi mi. If you get 1338 01:02:15,760 --> 01:02:17,640 Speaker 2: a multi mo, you can you can run the mile 1339 01:02:17,720 --> 01:02:19,919 Speaker 2: or a multi mile without the catcher. To be fair, 1340 01:02:20,520 --> 01:02:22,880 Speaker 2: but I think your your initial point about the blow 1341 01:02:22,960 --> 01:02:25,160 Speaker 2: is true. Therefore, get yourself a blower back and if 1342 01:02:25,200 --> 01:02:27,000 Speaker 2: you get the back, once you're on back, you'll never 1343 01:02:27,040 --> 01:02:29,280 Speaker 2: look back. That's what they say, that's their strap one. 1344 01:02:29,680 --> 01:02:31,920 Speaker 2: Once you're on the back, you'll never look back. 1345 01:02:32,520 --> 01:02:32,800 Speaker 17: Okay. 1346 01:02:32,920 --> 01:02:35,000 Speaker 22: I just wanted to quickly address the text that you 1347 01:02:35,080 --> 01:02:37,040 Speaker 22: dismissed earlier who asked where you were yesterday and you 1348 01:02:37,080 --> 01:02:39,200 Speaker 22: said none of your business. That I think is actually 1349 01:02:39,280 --> 01:02:42,240 Speaker 22: a fair question because you take your responsibility to. 1350 01:02:42,240 --> 01:02:44,040 Speaker 20: Your audience very very seriously. 1351 01:02:43,760 --> 01:02:47,240 Speaker 22: And you hate not being there. Hence you never ever, ever, ever, 1352 01:02:47,360 --> 01:02:49,880 Speaker 22: ever take a sick day, and so I think you 1353 01:02:50,120 --> 01:02:52,720 Speaker 22: do are your audience an explanation, and you do. You 1354 01:02:52,840 --> 01:02:55,320 Speaker 22: are able to say that you weren't feeling well yesterday. 1355 01:02:55,400 --> 01:02:58,840 Speaker 22: And I was thinking by listening to you this morning 1356 01:02:58,880 --> 01:03:01,160 Speaker 22: and actually asked, Sam, you're you're like a toddler. When 1357 01:03:01,200 --> 01:03:03,800 Speaker 22: you go down, you go down like Saccahemmer's bounce back. 1358 01:03:04,400 --> 01:03:06,680 Speaker 22: The bounce me is so intense and so quick, and 1359 01:03:06,760 --> 01:03:10,000 Speaker 22: today I'm thinking, were you ever really sick yesterday? 1360 01:03:10,040 --> 01:03:12,200 Speaker 20: Because you sound a million bucks? 1361 01:03:12,560 --> 01:03:15,600 Speaker 2: I didn't know what to say because it could be 1362 01:03:15,760 --> 01:03:20,320 Speaker 2: leading to a vastly bigger health problem, and so I'm 1363 01:03:20,360 --> 01:03:24,160 Speaker 2: afraid of yes So yesterday could have been the small 1364 01:03:24,360 --> 01:03:29,320 Speaker 2: seed of what could lead to an exploratory and ongoing 1365 01:03:29,440 --> 01:03:30,200 Speaker 2: health crisis. 1366 01:03:30,400 --> 01:03:32,280 Speaker 20: Oh, don't think I haven't been in touch with the doctor. 1367 01:03:32,480 --> 01:03:34,200 Speaker 20: It'll be exploratory, mark my word. 1368 01:03:34,280 --> 01:03:34,800 Speaker 16: Here we go. 1369 01:03:37,160 --> 01:03:39,880 Speaker 20: I think we're all talking in code and feeling very uncomfortable. 1370 01:03:40,640 --> 01:03:43,960 Speaker 2: Yeah. Now, the funny thing was Jason came and Jason 1371 01:03:44,040 --> 01:03:46,120 Speaker 2: was the person I rang at three o'clock in the morning. 1372 01:03:46,560 --> 01:03:48,520 Speaker 2: And so, just to give you an insight, part. 1373 01:03:48,360 --> 01:03:50,960 Speaker 9: Of he's not your boss anymore, rson. 1374 01:03:50,720 --> 01:03:53,720 Speaker 2: Jason's my friend. I ring my friends in times of crisis, 1375 01:03:54,120 --> 01:03:56,280 Speaker 2: even though Jason isn't my boss, although he is still 1376 01:03:56,360 --> 01:03:58,960 Speaker 2: my boss. But the new boss isn't isn't isn't established 1377 01:03:59,080 --> 01:04:01,880 Speaker 2: enough yet to take the call. He's not your best 1378 01:04:02,200 --> 01:04:02,920 Speaker 2: like Jason. 1379 01:04:04,160 --> 01:04:06,840 Speaker 9: Is the ultimate test, Like if he took the call, 1380 01:04:07,200 --> 01:04:08,240 Speaker 9: then he's established ra. 1381 01:04:08,320 --> 01:04:10,160 Speaker 2: But it's how you handle the call, glean. It's not 1382 01:04:10,320 --> 01:04:13,480 Speaker 2: just game hello, you know. And I think Will who's 1383 01:04:13,520 --> 01:04:16,200 Speaker 2: the new boss, appears at this early stage to be 1384 01:04:16,280 --> 01:04:20,120 Speaker 2: a relatively pleasant individual, but has not hasn't got the 1385 01:04:20,160 --> 01:04:21,120 Speaker 2: runs on the board as yet. 1386 01:04:21,960 --> 01:04:23,320 Speaker 22: Do we know that he sleeps with his phone on? 1387 01:04:23,440 --> 01:04:27,160 Speaker 2: Like Jason question, do we do we know that he 1388 01:04:27,240 --> 01:04:28,840 Speaker 2: doesn't ever take a day off? 1389 01:04:28,880 --> 01:04:31,240 Speaker 22: He doesn't exactly, So Jason knows that when you ring 1390 01:04:31,280 --> 01:04:33,080 Speaker 22: at three o'clock it's serious because. 1391 01:04:33,720 --> 01:04:35,920 Speaker 2: What he said to me, he said, I've never heard 1392 01:04:36,360 --> 01:04:38,640 Speaker 2: this is what he said this morning. I have never 1393 01:04:38,760 --> 01:04:42,640 Speaker 2: heard more sincerity in your voice than I heard in 1394 01:04:42,760 --> 01:04:45,080 Speaker 2: the wee small hours of yesterday morning. And what I 1395 01:04:45,280 --> 01:04:47,720 Speaker 2: was doing the sincerity, and he refers to, is my 1396 01:04:47,880 --> 01:04:51,920 Speaker 2: intense apology, because in my forty four years of radio, 1397 01:04:52,200 --> 01:04:54,680 Speaker 2: sixteen seventeen years here, I've never rung him in the 1398 01:04:54,720 --> 01:04:57,840 Speaker 2: early hours of the morning ever, except to abuse him. 1399 01:04:58,600 --> 01:04:59,880 Speaker 17: And so this you have it. 1400 01:05:00,040 --> 01:05:01,680 Speaker 9: Didn't you ring him wind wasn't working? 1401 01:05:01,800 --> 01:05:06,439 Speaker 2: Yeah, exactly, and looked at your name? 1402 01:05:06,600 --> 01:05:08,320 Speaker 20: He would have looked. He would have looked at your 1403 01:05:08,400 --> 01:05:11,840 Speaker 20: name on the on the phone, go oh no. And 1404 01:05:11,880 --> 01:05:14,240 Speaker 20: then he gets sincere husking, exactly that would have been 1405 01:05:14,320 --> 01:05:14,920 Speaker 20: that would have done it. 1406 01:05:15,040 --> 01:05:17,400 Speaker 2: I've brung him many times to abuse him, only this 1407 01:05:17,560 --> 01:05:19,800 Speaker 2: time to say, I am so sorry for waking you, 1408 01:05:19,960 --> 01:05:22,680 Speaker 2: but I am unable to go to work. So that 1409 01:05:22,840 --> 01:05:24,600 Speaker 2: was quite quite an emotional. 1410 01:05:24,480 --> 01:05:25,120 Speaker 13: But here's the thing. 1411 01:05:25,280 --> 01:05:26,680 Speaker 22: You you did attempt to go to work. 1412 01:05:26,720 --> 01:05:29,200 Speaker 2: You drove in Yeah I did. Oh my goodness, yeah 1413 01:05:29,200 --> 01:05:32,439 Speaker 2: I did. I got, unfortunately, the beauty of being able 1414 01:05:32,440 --> 01:05:33,840 Speaker 2: to drive to work at two thirty in the morning. 1415 01:05:33,840 --> 01:05:35,280 Speaker 2: There's no one else on the road because I was 1416 01:05:35,360 --> 01:05:38,800 Speaker 2: using all the lanes god, weaving and weaving away on 1417 01:05:38,880 --> 01:05:41,760 Speaker 2: the motorway. Oh no, in my state. And I thought, 1418 01:05:41,880 --> 01:05:43,919 Speaker 2: surely I don't need to be using all these three 1419 01:05:44,040 --> 01:05:46,920 Speaker 2: lanes at what point? At what point? And this was 1420 01:05:46,960 --> 01:05:49,200 Speaker 2: the problem on the motorway, because I'm on State Highway one, 1421 01:05:49,280 --> 01:05:52,240 Speaker 2: multi lane highway, and I'm thinking, oh, this is not 1422 01:05:52,360 --> 01:05:54,880 Speaker 2: going well. And then I thought, at what point do 1423 01:05:55,000 --> 01:05:56,640 Speaker 2: I turn around to go home? But of course you've 1424 01:05:56,640 --> 01:05:58,720 Speaker 2: got to pick an off rent, and the next off 1425 01:05:58,760 --> 01:06:00,560 Speaker 2: rent was going to be the Northwest, which would take 1426 01:06:00,600 --> 01:06:03,400 Speaker 2: me pretty much to I don't know tetany and so 1427 01:06:03,480 --> 01:06:05,120 Speaker 2: I thought, I don't want to be on the Northwestern 1428 01:06:05,200 --> 01:06:07,200 Speaker 2: because you can see that in the news. Hosking found 1429 01:06:07,240 --> 01:06:13,080 Speaker 2: in Teta Rangy and disheveled stuff, and that's that doesn't 1430 01:06:13,080 --> 01:06:15,000 Speaker 2: play well. So I got to the I got to 1431 01:06:15,080 --> 01:06:17,320 Speaker 2: the off REMP before the Northwestern off ramp and did 1432 01:06:17,360 --> 01:06:18,880 Speaker 2: the U tune. So then I went home and then 1433 01:06:18,920 --> 01:06:19,400 Speaker 2: I rang him. 1434 01:06:19,400 --> 01:06:20,040 Speaker 16: So that was that. 1435 01:06:20,840 --> 01:06:25,960 Speaker 2: Anyway. Sorry, I've talked far too much. I need to 1436 01:06:26,280 --> 01:06:27,880 Speaker 2: I need to go. You go, you go to the 1437 01:06:27,920 --> 01:06:31,920 Speaker 2: break I need to say more, say more. Shortly thirteen 1438 01:06:32,000 --> 01:06:36,000 Speaker 2: past oh The Mic. 1439 01:06:35,880 --> 01:06:40,320 Speaker 1: Asking Breakfast Full Show podcast on iHeartRadio powered by News 1440 01:06:40,400 --> 01:06:42,360 Speaker 1: Talks It Balks. 1441 01:06:42,600 --> 01:06:43,400 Speaker 2: Sixteen past eight. 1442 01:06:43,800 --> 01:06:48,120 Speaker 1: The Weekend Review with two degrees bringing smart business solutions 1443 01:06:48,160 --> 01:06:49,040 Speaker 1: to the table. 1444 01:06:49,240 --> 01:06:51,520 Speaker 2: Sorted Mike at gore bladder, get it out and it's 1445 01:06:51,600 --> 01:06:54,640 Speaker 2: not so you were drunk? No, Mike, can you please 1446 01:06:54,680 --> 01:06:57,520 Speaker 2: confirm you're not dying? Yes? OMG, did you have a 1447 01:06:57,600 --> 01:07:01,040 Speaker 2: terminal diagnosis? No, Mike, if you not, No good came 1448 01:07:01,040 --> 01:07:03,200 Speaker 2: out of your recent prostateic exam. Good luck with it now. 1449 01:07:03,240 --> 01:07:05,760 Speaker 2: It all came out well, I. 1450 01:07:05,760 --> 01:07:08,920 Speaker 22: Think because you won't go to the doctor, so so 1451 01:07:09,680 --> 01:07:10,680 Speaker 22: I don't want I. 1452 01:07:10,880 --> 01:07:12,960 Speaker 2: Had the doctor about three weeks ago, and you hated 1453 01:07:12,960 --> 01:07:14,760 Speaker 2: the diagnosis because it was so positive. 1454 01:07:14,880 --> 01:07:17,600 Speaker 22: No, only because I veget and and and insisted you 1455 01:07:17,880 --> 01:07:19,720 Speaker 22: did go to the doctor for a checkout, because you 1456 01:07:19,800 --> 01:07:22,480 Speaker 22: hadn't been in ten years and you were turning sixty. 1457 01:07:23,200 --> 01:07:26,800 Speaker 22: So I'll be insisting you go again next week after yesterday. Okay, 1458 01:07:27,000 --> 01:07:28,919 Speaker 22: this is my this is my sole job in life 1459 01:07:28,960 --> 01:07:30,040 Speaker 22: now is just to keep you alive? 1460 01:07:30,840 --> 01:07:31,400 Speaker 20: Can we can? 1461 01:07:31,440 --> 01:07:33,640 Speaker 23: We just know that probably when poor Holmes used to 1462 01:07:33,680 --> 01:07:35,800 Speaker 23: come to work, he would always weave across three lanes 1463 01:07:35,840 --> 01:07:36,160 Speaker 23: at the most. 1464 01:07:36,200 --> 01:07:37,400 Speaker 17: Well, that is not a big deal. 1465 01:07:37,600 --> 01:07:41,800 Speaker 2: So they hadn't seen before that exactly that is true. 1466 01:07:42,160 --> 01:07:44,640 Speaker 2: I would account before what to makes You'll ask you 1467 01:07:44,680 --> 01:07:47,760 Speaker 2: because you're the brightest among us. I think the word 1468 01:07:48,200 --> 01:07:51,560 Speaker 2: the word less so, not less sue, less so means 1469 01:07:51,600 --> 01:07:53,360 Speaker 2: what what's it mean? 1470 01:07:53,840 --> 01:07:54,040 Speaker 1: Oh? 1471 01:07:54,800 --> 01:07:57,280 Speaker 2: Oh well, okay, starting have you heard of. 1472 01:07:57,320 --> 01:08:01,439 Speaker 20: This is the surname of a Netflix series or something. 1473 01:08:03,120 --> 01:08:05,080 Speaker 2: But the word lasso. Have you heard of the word 1474 01:08:05,200 --> 01:08:06,520 Speaker 2: and too? If you have? What's it mean? 1475 01:08:07,720 --> 01:08:07,840 Speaker 7: Is it? 1476 01:08:08,040 --> 01:08:09,880 Speaker 20: Is it sort of close to lassitude, which is a 1477 01:08:09,960 --> 01:08:11,280 Speaker 20: sort of state of torpor? 1478 01:08:12,320 --> 01:08:13,040 Speaker 2: Is it close? 1479 01:08:15,000 --> 01:08:17,320 Speaker 22: I thought it was like a lass su like a 1480 01:08:17,439 --> 01:08:20,719 Speaker 22: rope like I assume that's how you spell lasso. 1481 01:08:22,280 --> 01:08:23,040 Speaker 2: Lasso is la. 1482 01:08:23,960 --> 01:08:25,240 Speaker 22: But does it spelled lesso? 1483 01:08:25,600 --> 01:08:30,080 Speaker 2: Yeah? So this is the wordle from yesterday, and my my, 1484 01:08:30,960 --> 01:08:32,920 Speaker 2: my problem was that we talked about the word and 1485 01:08:33,000 --> 01:08:38,040 Speaker 2: she got it in two and so yesterday okay, well 1486 01:08:38,040 --> 01:08:40,360 Speaker 2: the lasso was one before. But she but I said, oh, 1487 01:08:40,439 --> 01:08:42,760 Speaker 2: let's so strange word. What's it mean? And she goes, 1488 01:08:42,800 --> 01:08:44,680 Speaker 2: I don't know. I said, well, why why don't you know? 1489 01:08:44,800 --> 01:08:46,560 Speaker 2: You're doing wordle? What's the point of wordle if you 1490 01:08:46,600 --> 01:08:48,040 Speaker 2: don't know what the word means? And she goes, is 1491 01:08:48,080 --> 01:08:50,080 Speaker 2: that the point of wordle? And I went, isn't that 1492 01:08:50,120 --> 01:08:51,519 Speaker 2: the point of word? And she goes, no, no, it's 1493 01:08:51,520 --> 01:08:52,960 Speaker 2: not the point of word. Put the word is to 1494 01:08:52,960 --> 01:08:55,000 Speaker 2: get it in two. And I said, even if you 1495 01:08:55,040 --> 01:08:56,720 Speaker 2: don't know what the word is. So she goes, oh yeah, 1496 01:08:56,760 --> 01:08:57,960 Speaker 2: just guess and you get lucky sometimes. 1497 01:08:58,000 --> 01:08:59,120 Speaker 24: Oh what a waste of time? 1498 01:08:59,160 --> 01:08:59,720 Speaker 17: Wordle is? 1499 01:09:00,120 --> 01:09:02,400 Speaker 2: I thought it was supposed to expand your vocabulary. 1500 01:09:03,640 --> 01:09:05,400 Speaker 20: Well why do we call this rap the week? Why 1501 01:09:05,439 --> 01:09:07,559 Speaker 20: don't we call this just counsel the marriage? Because that's 1502 01:09:07,640 --> 01:09:08,560 Speaker 20: what this is? 1503 01:09:08,640 --> 01:09:10,600 Speaker 2: Your stuff that's come up, that's part of. 1504 01:09:10,640 --> 01:09:12,439 Speaker 17: It is what it is. 1505 01:09:12,600 --> 01:09:15,160 Speaker 22: Actually it's running me down needlessly. 1506 01:09:15,560 --> 01:09:18,120 Speaker 20: We were all, I gotta I got it, Well tell 1507 01:09:18,200 --> 01:09:19,280 Speaker 20: us what less less? 1508 01:09:19,479 --> 01:09:20,920 Speaker 2: I don't know what it means I'm not on word. 1509 01:09:21,280 --> 01:09:24,760 Speaker 2: You know, I know what each of the words were, 1510 01:09:24,880 --> 01:09:26,120 Speaker 2: especially if I crushed them in two. 1511 01:09:28,920 --> 01:09:31,160 Speaker 20: What don't I feel your pain? Cap I feel your pain? 1512 01:09:31,400 --> 01:09:32,160 Speaker 10: Can we talk about it? 1513 01:09:33,200 --> 01:09:34,640 Speaker 23: It's a bit like it's a bit like Simmey and 1514 01:09:34,680 --> 01:09:37,120 Speaker 23: Brown taking on Health New Zealand. Isn't it about you know, 1515 01:09:37,280 --> 01:09:40,639 Speaker 23: not not secking to court business? And then suddenly it's 1516 01:09:40,680 --> 01:09:43,519 Speaker 23: all about, oh my feelings about what Simeon Brown's been saying, 1517 01:09:43,880 --> 01:09:46,000 Speaker 23: when in fact you know that they haven't been sicking 1518 01:09:46,040 --> 01:09:46,719 Speaker 23: to court business. 1519 01:09:46,960 --> 01:09:51,599 Speaker 2: So count submissions into McDonald's is not Health New Zealand's job. 1520 01:09:51,760 --> 01:09:53,120 Speaker 2: And I think he's one hundred percent right. 1521 01:09:53,920 --> 01:09:54,679 Speaker 20: Well, here's the deal. 1522 01:09:54,760 --> 01:09:58,280 Speaker 24: The actual submission it was eight pages and it mentioned 1523 01:09:58,479 --> 01:10:03,160 Speaker 24: planetary health, lands, gape values, traffic and titidity and didn't 1524 01:10:03,240 --> 01:10:04,840 Speaker 24: mention healthy eating once. 1525 01:10:04,960 --> 01:10:06,600 Speaker 2: Yeah, it's cut and gives me. It's a lot of 1526 01:10:06,640 --> 01:10:09,679 Speaker 2: cut and past stuff. We were working out Sam Ruth, 1527 01:10:09,720 --> 01:10:12,400 Speaker 2: who's this fifteen year old around the sub form inut. 1528 01:10:12,240 --> 01:10:12,800 Speaker 1: Of my eating? 1529 01:10:13,400 --> 01:10:14,320 Speaker 20: Well he's incredible. 1530 01:10:14,360 --> 01:10:17,519 Speaker 2: A correct me if I'm wrong, But he's running at 1531 01:10:17,520 --> 01:10:21,800 Speaker 2: about fifteen one hundred meters in about fifteen seconds. So 1532 01:10:21,960 --> 01:10:24,479 Speaker 2: the world class runs at nine to eight something like that. Right, 1533 01:10:24,520 --> 01:10:28,760 Speaker 2: for one hundred, he's doing fifteen seconds per hundred, many 1534 01:10:28,920 --> 01:10:33,000 Speaker 2: times over Matt's virtue. For most of it's virtually sprinting, 1535 01:10:33,040 --> 01:10:35,479 Speaker 2: isn't it for fifteen hundred meters for a mile? 1536 01:10:35,600 --> 01:10:37,400 Speaker 20: Yeah, he's incredible. I was so happy for him too, 1537 01:10:37,520 --> 01:10:40,280 Speaker 20: What a cool kid, And he didn't it was so lovely. 1538 01:10:40,439 --> 01:10:43,439 Speaker 20: And how did he celebrate the drive through a burger king? 1539 01:10:43,600 --> 01:10:43,800 Speaker 17: Yeah? 1540 01:10:43,840 --> 01:10:46,880 Speaker 2: Well, when you're that fit, you can drive through anything, 1541 01:10:47,320 --> 01:10:47,640 Speaker 2: can't you. 1542 01:10:48,800 --> 01:10:50,920 Speaker 23: I think healthy user, I'm probably going to see them 1543 01:10:50,960 --> 01:10:53,080 Speaker 23: an eight page subscription submission. 1544 01:10:53,200 --> 01:10:55,200 Speaker 2: They probably are. Do you know how to split our 1545 01:10:55,240 --> 01:10:56,200 Speaker 2: television screen, Caddy? 1546 01:10:58,520 --> 01:11:00,600 Speaker 22: I think I could figure it out better than I 1547 01:11:00,640 --> 01:11:02,320 Speaker 22: could figure out some of the words on word or 1548 01:11:02,360 --> 01:11:03,800 Speaker 22: But I'm going to give it a go because I 1549 01:11:03,880 --> 01:11:05,400 Speaker 22: know it's going to be important to you. I actually 1550 01:11:05,479 --> 01:11:08,080 Speaker 22: back you to watch the F one over the Warriors. 1551 01:11:08,200 --> 01:11:10,920 Speaker 2: I agree, be right, Yes, you're correct. 1552 01:11:11,120 --> 01:11:11,439 Speaker 17: You know me? 1553 01:11:11,520 --> 01:11:13,439 Speaker 2: Well I should have married you. The thing about that 1554 01:11:13,680 --> 01:11:17,479 Speaker 2: is that this is the Warriors, you know, there's something 1555 01:11:17,520 --> 01:11:19,439 Speaker 2: about the F one This year. Half a million people 1556 01:11:19,479 --> 01:11:21,080 Speaker 2: watched that race last week, and that'll make it the 1557 01:11:21,120 --> 01:11:23,400 Speaker 2: biggest show of the week on television. You can't argue 1558 01:11:23,400 --> 01:11:27,400 Speaker 2: with that. The nation is gripped by the plight and 1559 01:11:27,560 --> 01:11:29,920 Speaker 2: journey of Liam Lawson. I think that's a wonderful, wonderful thing. 1560 01:11:30,360 --> 01:11:33,160 Speaker 9: Hey, how do you just how do you spell lesson again? 1561 01:11:33,320 --> 01:11:36,720 Speaker 2: Question? Glynn? Well, less so on me? 1562 01:11:37,640 --> 01:11:38,760 Speaker 9: I thought it was l A s O. 1563 01:11:38,960 --> 01:11:40,800 Speaker 17: Oh, what is it? 1564 01:11:41,120 --> 01:11:42,320 Speaker 2: No, it doesn't start with an L. 1565 01:11:42,960 --> 01:11:47,040 Speaker 20: Yeah, l A s O two is so can we 1566 01:11:47,200 --> 01:11:48,320 Speaker 20: can we find out what it means? 1567 01:11:48,320 --> 01:11:51,160 Speaker 2: Well, then then ted lasso, which is spelt the same way, 1568 01:11:51,240 --> 01:11:52,640 Speaker 2: isn't he isn't the L A S s O? So 1569 01:11:52,800 --> 01:11:55,519 Speaker 2: lasso less sue? Maybe it wasn't another word, Katie. Maybe 1570 01:11:55,560 --> 01:11:57,040 Speaker 2: you just confused. Maybe it was lessu. 1571 01:11:57,160 --> 01:11:59,640 Speaker 16: No, No, I guess the. 1572 01:11:59,680 --> 01:12:01,360 Speaker 22: Word, but I can't tell you that it means let. 1573 01:12:01,479 --> 01:12:03,800 Speaker 22: I thought I thought lasso would have another zero. 1574 01:12:04,200 --> 01:12:08,400 Speaker 2: I mean, there doesn't have any zeros. Just got a 1575 01:12:08,439 --> 01:12:10,680 Speaker 2: couple of assas and an L and a and an o. 1576 01:12:11,000 --> 01:12:13,479 Speaker 2: And so what you did is actually spell lassue thinking 1577 01:12:13,520 --> 01:12:14,240 Speaker 2: it's another word. 1578 01:12:14,880 --> 01:12:17,080 Speaker 9: I do agree with you. I do agree with you 1579 01:12:17,160 --> 01:12:20,360 Speaker 9: that that the hearthouse rules and scrabble is if you 1580 01:12:20,479 --> 01:12:22,800 Speaker 9: can't define the word, you're not allowed to use that. 1581 01:12:22,840 --> 01:12:23,760 Speaker 2: Yeah, that's a classic rule. 1582 01:12:24,080 --> 01:12:25,640 Speaker 23: I think that's a good point. By the way, can 1583 01:12:26,080 --> 01:12:28,040 Speaker 23: neither of you drive for then? I don't know if 1584 01:12:28,040 --> 01:12:29,479 Speaker 23: you've been drinking at this hour of the morning, but 1585 01:12:29,560 --> 01:12:30,360 Speaker 23: it's just a circus. 1586 01:12:30,479 --> 01:12:32,320 Speaker 2: Do you know I gave up drinking, Tim, I haven't 1587 01:12:32,360 --> 01:12:35,240 Speaker 2: told you on that I've given up drinking. What Yeah, No, 1588 01:12:35,520 --> 01:12:39,880 Speaker 2: be honest, okay on that bombshell. We'll end the segment 1589 01:12:40,000 --> 01:12:40,840 Speaker 2: eight twenty two. 1590 01:12:41,800 --> 01:12:45,920 Speaker 1: The Mic Hosking Breakfast with a Vida Retirement Communities News 1591 01:12:45,960 --> 01:12:46,559 Speaker 1: togs Head b. 1592 01:12:46,920 --> 01:12:49,879 Speaker 2: You're gonna listen to these prices ridiculous Chemis Warehouse Fragrance 1593 01:12:50,040 --> 01:12:52,200 Speaker 2: Frenzy sale on right now, so you go and still 1594 01:12:52,240 --> 01:12:55,000 Speaker 2: do it online if you like crazy Fragrance deal stare wide. 1595 01:12:55,000 --> 01:12:57,200 Speaker 2: You've got your rebel on. Charlie. Read the ETD one 1596 01:12:57,280 --> 01:13:01,160 Speaker 2: hundred meals now seven ninety nine saved twenty six bucks. 1597 01:13:01,439 --> 01:13:04,880 Speaker 2: Abercrombri and Fritch Fias Cologne fifty mills just sixty nine 1598 01:13:04,960 --> 01:13:07,519 Speaker 2: ninety nine. You're saving forty five. While you there, you 1599 01:13:07,560 --> 01:13:09,840 Speaker 2: can have one of the old favorites, the Paco Rabah 1600 01:13:09,920 --> 01:13:13,680 Speaker 2: one million EDT one hundred mills. That's ninety nine ninety nine, 1601 01:13:13,720 --> 01:13:15,479 Speaker 2: which is less than half price, save one hundred and 1602 01:13:15,520 --> 01:13:18,120 Speaker 2: five bucks. You can't walk past one of the all 1603 01:13:18,160 --> 01:13:20,880 Speaker 2: time greats, which is the Elizabeth Arden Fifth Avenue edp 1604 01:13:21,320 --> 01:13:24,880 Speaker 2: won twenty five mills just thirty two ninety nine. You're 1605 01:13:24,920 --> 01:13:29,519 Speaker 2: saving one hundred and twenty six dollars. The sales only 1606 01:13:29,600 --> 01:13:31,880 Speaker 2: for three days. Not surprisingly, it's got to end on Sunday. 1607 01:13:32,360 --> 01:13:34,840 Speaker 2: And in addition to visiting the local Chemist Warehouse store, 1608 01:13:34,840 --> 01:13:36,559 Speaker 2: you can order online if you like, click and collect 1609 01:13:36,600 --> 01:13:39,000 Speaker 2: to save time, or choose fast delivery for the same 1610 01:13:39,080 --> 01:13:41,080 Speaker 2: day home delivery. Teas and season charges may apply. This 1611 01:13:41,200 --> 01:13:44,080 Speaker 2: chemist where House crazy the real house of fragrances with 1612 01:13:44,200 --> 01:13:48,840 Speaker 2: massive savings at Chemist Warehouse. Pasking Mike, was your health 1613 01:13:48,840 --> 01:13:51,120 Speaker 2: problem a racing heart? If so, you should get at check. 1614 01:13:51,160 --> 01:13:53,559 Speaker 2: Thank you for that advice. No, it wasn't actually funnily enough. 1615 01:13:53,600 --> 01:13:55,800 Speaker 2: I did my blood freshy yesterday. My resting heart rate 1616 01:13:55,960 --> 01:13:58,560 Speaker 2: was fifty seven, which I thought was quite good. It 1617 01:13:58,720 --> 01:14:03,280 Speaker 2: wasn't as good. I was very low. Beyond Borgs was 1618 01:14:03,360 --> 01:14:06,519 Speaker 2: forty four, and but I was never quite as good 1619 01:14:06,560 --> 01:14:08,760 Speaker 2: as beyond borg nor as sweet. And the Swedes are 1620 01:14:08,800 --> 01:14:10,360 Speaker 2: like that, aren't they They're so laid back? You go, 1621 01:14:10,439 --> 01:14:13,760 Speaker 2: what's your resting heart regard you for so fifty seven 1622 01:14:13,760 --> 01:14:16,920 Speaker 2: I thought it wasn't Beth, might be time for an MRI. 1623 01:14:16,960 --> 01:14:18,400 Speaker 2: I Mike, did you play rugby? 1624 01:14:18,439 --> 01:14:18,559 Speaker 1: Well? 1625 01:14:18,600 --> 01:14:20,320 Speaker 2: I did, and that'll be the front row time for 1626 01:14:20,439 --> 01:14:22,840 Speaker 2: the Surly under sevens. Because when I was prop for 1627 01:14:22,880 --> 01:14:25,600 Speaker 2: the Surly Under sevens, I thought, hang on, something's not 1628 01:14:25,720 --> 01:14:26,080 Speaker 2: right here. 1629 01:14:26,080 --> 01:14:27,400 Speaker 9: I'm just wondering if we've got a sort of a 1630 01:14:28,320 --> 01:14:32,080 Speaker 9: a Munchausen syndrome by proxy situation here. Kate's determined that 1631 01:14:32,160 --> 01:14:33,519 Speaker 9: you've got something wrong with you, isn't you? 1632 01:14:33,800 --> 01:14:34,120 Speaker 16: I think so? 1633 01:14:34,120 --> 01:14:37,280 Speaker 2: That's what I'd tell her all the time. I absolutely 1634 01:14:37,360 --> 01:14:40,120 Speaker 2: love how you are with Kate. What an amazing relationship 1635 01:14:40,200 --> 01:14:41,720 Speaker 2: you two have. Isn't that nice? Very nice of you 1636 01:14:41,800 --> 01:14:42,000 Speaker 2: to say. 1637 01:14:42,040 --> 01:14:43,559 Speaker 17: And it's true. We're very blessed. 1638 01:14:43,680 --> 01:14:45,640 Speaker 2: I'm more blessed than too because I'm boxing. But we 1639 01:14:45,720 --> 01:14:46,479 Speaker 2: all know that, don't we. 1640 01:14:48,160 --> 01:14:51,280 Speaker 1: The only report you need to start your day's on 1641 01:14:51,479 --> 01:14:57,600 Speaker 1: my casting Breakfast with a Vita Retirement, Communities, Life Your Way, News, Togsdad. 1642 01:14:57,200 --> 01:14:59,040 Speaker 2: Be Mike super Heck for the if one Tragic, get 1643 01:14:59,080 --> 01:15:01,280 Speaker 2: the F one app and watch law Sense in Car 1644 01:15:01,400 --> 01:15:04,679 Speaker 2: and Team Radio. Yeah you can buy It's one hundred 1645 01:15:04,680 --> 01:15:08,120 Speaker 2: and ninety nine dollars for a year for the whole season, 1646 01:15:08,680 --> 01:15:13,120 Speaker 2: and it gives you team radio telemetrics. You can go 1647 01:15:13,240 --> 01:15:16,439 Speaker 2: to any car at any time you like. It's quite cool. 1648 01:15:16,520 --> 01:15:19,720 Speaker 2: Mike calling for a lower New Zealand dollars. Mad the 1649 01:15:19,800 --> 01:15:21,720 Speaker 2: New Zealand dollars our share price for the rest of 1650 01:15:21,760 --> 01:15:23,439 Speaker 2: the world. Yeah, I know. I don't know why people 1651 01:15:23,479 --> 01:15:25,080 Speaker 2: do it, but they somehow think that, you know, the 1652 01:15:25,200 --> 01:15:27,880 Speaker 2: cheaper we get somehow that improves things. Mike, Can I 1653 01:15:27,960 --> 01:15:30,960 Speaker 2: get some of your wines now? No, you can't, Glenn, 1654 01:15:31,160 --> 01:15:33,639 Speaker 2: not the Shardonnay though I don't have any. I don't 1655 01:15:33,680 --> 01:15:39,800 Speaker 2: have any Shardonnay Rose. I don't have any Rose. Why 1656 01:15:39,840 --> 01:15:42,040 Speaker 2: are we all paying for the plethora of TV and 1657 01:15:42,160 --> 01:15:44,679 Speaker 2: radio ads for ACC? Why do they need to advertise 1658 01:15:44,720 --> 01:15:47,800 Speaker 2: at all? It's not like we could choose competitors. It's 1659 01:15:47,880 --> 01:15:49,800 Speaker 2: not a bad question. The answer is what they'll be 1660 01:15:49,880 --> 01:15:51,760 Speaker 2: trying to do, because if you follow ACC at the 1661 01:15:51,800 --> 01:15:55,599 Speaker 2: moment they're in dreadful financial trouble again, is they're trying 1662 01:15:55,600 --> 01:15:59,200 Speaker 2: to reduce people falling over and injuring themselves. That the 1663 01:15:59,280 --> 01:16:00,920 Speaker 2: problem that they see see in this country. I can 1664 01:16:01,520 --> 01:16:03,240 Speaker 2: and I've got a couple of examples of lake that 1665 01:16:03,280 --> 01:16:06,720 Speaker 2: I know personally. The way it's run, you can sort 1666 01:16:06,760 --> 01:16:09,240 Speaker 2: of see from the individual circumstances I know about, you 1667 01:16:09,320 --> 01:16:11,400 Speaker 2: can sort of see why they're trying to do what 1668 01:16:11,439 --> 01:16:15,040 Speaker 2: they're doing. But the outworking of what they're doing practically 1669 01:16:15,240 --> 01:16:17,840 Speaker 2: is just ridiculous. And the time that people spend on 1670 01:16:17,920 --> 01:16:20,960 Speaker 2: acc is absurd. The amount of money that gets handed 1671 01:16:21,000 --> 01:16:22,880 Speaker 2: out is absurd. But because of all of that, that's 1672 01:16:22,880 --> 01:16:25,000 Speaker 2: why they'll be advertising, because they'll be trying to have you, 1673 01:16:25,000 --> 01:16:26,719 Speaker 2: you know, front of mine when you're up a ladder, 1674 01:16:27,160 --> 01:16:29,360 Speaker 2: not to fall off. Twenty two minutes away from nine. 1675 01:16:29,640 --> 01:16:33,519 Speaker 1: International Correspondence with ends and Eye Insurance Peace of mind 1676 01:16:33,600 --> 01:16:34,520 Speaker 1: for New Zealand. 1677 01:16:34,240 --> 01:16:39,200 Speaker 2: Business's Boud Murray Old, good morning. Is he withers or 1678 01:16:39,400 --> 01:16:43,400 Speaker 2: not today? Oh he's gone. It's blown up. It's gone 1679 01:16:44,240 --> 01:16:47,559 Speaker 2: four point one percent for the unemployment rate. Employment falls 1680 01:16:47,600 --> 01:16:49,519 Speaker 2: by fifty three thousand, So it's one of those ones. 1681 01:16:49,560 --> 01:16:52,320 Speaker 2: It's not quite as good as it was, but the 1682 01:16:52,479 --> 01:16:55,080 Speaker 2: four point one doesn't move, so that the importance of 1683 01:16:55,120 --> 01:16:57,000 Speaker 2: that is. Of course, they're running into an election campaign, 1684 01:16:57,080 --> 01:16:59,360 Speaker 2: so Albanez is going to have to defend the old 1685 01:17:00,040 --> 01:17:04,519 Speaker 2: economy sixty six point eight percent is the participation rate. 1686 01:17:04,640 --> 01:17:06,200 Speaker 2: That's the one I always look at, how many people 1687 01:17:06,240 --> 01:17:09,280 Speaker 2: are actively in the market wanting to participate in jobs 1688 01:17:09,360 --> 01:17:12,000 Speaker 2: versus sixty seven point three percent. That sixty seven was 1689 01:17:12,600 --> 01:17:17,320 Speaker 2: a record. Anyway, murray you with us? Why don't we just. 1690 01:17:17,320 --> 01:17:17,760 Speaker 18: Wanting to think? 1691 01:17:17,800 --> 01:17:20,280 Speaker 17: My big ear knock out the line for split second, 1692 01:17:20,360 --> 01:17:22,360 Speaker 17: so I do a publicize good morning? 1693 01:17:22,400 --> 01:17:24,240 Speaker 2: Do you now the four point one I'm just talking 1694 01:17:24,280 --> 01:17:26,519 Speaker 2: about the unemployment rate when you look at it, you know, 1695 01:17:26,760 --> 01:17:29,560 Speaker 2: juxtaposed against the election campaign, which is sort of in 1696 01:17:29,640 --> 01:17:32,160 Speaker 2: at the moment. Do people feel good about the economy 1697 01:17:32,280 --> 01:17:32,400 Speaker 2: or not? 1698 01:17:33,520 --> 01:17:37,320 Speaker 17: No, absolutely not, Mike, is still the overriding number one 1699 01:17:37,400 --> 01:17:39,720 Speaker 17: issue for people. They go into the ballot box and 1700 01:17:39,960 --> 01:17:42,400 Speaker 17: they are going to be thinking about the price of groceries, 1701 01:17:42,439 --> 01:17:46,960 Speaker 17: the price of petrol, getting kids through school, and paying 1702 01:17:47,000 --> 01:17:49,240 Speaker 17: off the mortgage because interest rates are crippling. There's no 1703 01:17:49,360 --> 01:17:53,519 Speaker 17: doubt about that. And the fact that fifty thousand jobs 1704 01:17:53,600 --> 01:17:58,000 Speaker 17: plus were lost from the economy in February is very disturbing. 1705 01:17:58,120 --> 01:18:01,519 Speaker 17: I mean, you know, they it was balanced out because 1706 01:18:01,520 --> 01:18:04,280 Speaker 17: a lot of people stop looking or actually retired, which 1707 01:18:04,360 --> 01:18:07,880 Speaker 17: is interesting. We've got a big, a very big boomer 1708 01:18:07,960 --> 01:18:11,240 Speaker 17: cohort that is retiring the year as the years unfold. 1709 01:18:11,760 --> 01:18:15,839 Speaker 17: So we lost fifty two thousand, eight hundred jobs in February. 1710 01:18:15,960 --> 01:18:19,080 Speaker 17: People just said sorry, we have to say goodbye. We 1711 01:18:19,160 --> 01:18:22,000 Speaker 17: can't afford to keep you on. And this will contribute 1712 01:18:22,000 --> 01:18:23,960 Speaker 17: to the answer as we leaded the election, which, as 1713 01:18:24,000 --> 01:18:26,679 Speaker 17: you say, the election campaigns well and truly under waves. 1714 01:18:26,720 --> 01:18:27,759 Speaker 17: Haven't got a date yet. 1715 01:18:27,800 --> 01:18:30,599 Speaker 2: Because I was watching Charmers give a speech. In fact, 1716 01:18:30,640 --> 01:18:32,560 Speaker 2: a couple of things happened. There were people, you know, 1717 01:18:32,720 --> 01:18:34,960 Speaker 2: protests and stuff like that. Anyway, the point being has 1718 01:18:35,160 --> 01:18:38,360 Speaker 2: he's got a massive deficit and Albanese is out there 1719 01:18:38,400 --> 01:18:41,679 Speaker 2: promising more support to go to the doctor. Do people 1720 01:18:42,720 --> 01:18:46,519 Speaker 2: understand that one you don't have any money to a 1721 01:18:46,680 --> 01:18:49,880 Speaker 2: government that offers you freebies to go to the doctor 1722 01:18:50,000 --> 01:18:52,439 Speaker 2: is paid for by money you don't have, and it's 1723 01:18:52,520 --> 01:18:54,400 Speaker 2: not the sign of a strong economy and they're just 1724 01:18:54,439 --> 01:18:56,080 Speaker 2: trying to buy your vote or they don't care. 1725 01:18:57,680 --> 01:18:59,759 Speaker 17: Look, I think a bit of both, to be honest. 1726 01:19:00,120 --> 01:19:02,360 Speaker 17: A lot of people just think, you know what, if 1727 01:19:02,400 --> 01:19:04,479 Speaker 17: I could get the kids to the doctor, great, If 1728 01:19:04,520 --> 01:19:06,439 Speaker 17: I can get government up with that, great. They don't 1729 01:19:06,479 --> 01:19:09,320 Speaker 17: think beyond that. Other people say like you, yeah, we 1730 01:19:09,400 --> 01:19:12,080 Speaker 17: have to borrow this money. But look, both sides are 1731 01:19:12,120 --> 01:19:16,599 Speaker 17: involved in the spender film this crazy, you know, spending 1732 01:19:16,720 --> 01:19:19,720 Speaker 17: cash we don't have in a desperate attempt to buy 1733 01:19:19,880 --> 01:19:24,080 Speaker 17: votes ahead of the election. And that's as stark as 1734 01:19:24,120 --> 01:19:28,200 Speaker 17: it can be. The government promises, as you say, cheaper 1735 01:19:28,280 --> 01:19:32,560 Speaker 17: visits of the doctor, much cheaper medicines, earning the potential 1736 01:19:32,640 --> 01:19:36,719 Speaker 17: wrath of Donald Trump and American drug manufacturers. Peter Dutton 1737 01:19:36,760 --> 01:19:39,960 Speaker 17: falls into lockstep. They're exactly the same, promising on the 1738 01:19:40,040 --> 01:19:44,080 Speaker 17: never never, promising on tech effectively, and no one seems 1739 01:19:44,120 --> 01:19:44,840 Speaker 17: to care less. 1740 01:19:45,120 --> 01:19:45,320 Speaker 10: Weird. 1741 01:19:45,920 --> 01:19:49,400 Speaker 2: Just speaking of Dote three, this citizenship test to test 1742 01:19:49,479 --> 01:19:52,519 Speaker 2: for your anti semitism? What literally do you ask somebody 1743 01:19:52,640 --> 01:19:55,680 Speaker 2: and if you are anti Semitic, aren't you alerted to 1744 01:19:55,760 --> 01:19:57,000 Speaker 2: the fact that that could be a bit of a 1745 01:19:57,080 --> 01:19:59,320 Speaker 2: trick question and you might make up something? 1746 01:20:00,160 --> 01:20:04,000 Speaker 17: Oh mate, it's just a dog's breakfast. I mean, this 1747 01:20:04,439 --> 01:20:07,120 Speaker 17: is classic Peter Dutton. I mean, and I know you 1748 01:20:07,240 --> 01:20:09,200 Speaker 17: think I'll keep bagging him, but I mean, look, he 1749 01:20:09,280 --> 01:20:12,200 Speaker 17: threw this out to appeal to the conservative voters of Australia. 1750 01:20:12,760 --> 01:20:15,439 Speaker 17: It was a thought bubble, said anthy Albanezi. That were 1751 01:20:15,479 --> 01:20:20,599 Speaker 17: blown up by lunchtime because because Peter Dutton's shadow Attorney 1752 01:20:20,720 --> 01:20:22,720 Speaker 17: General came out and said it would only be an 1753 01:20:22,760 --> 01:20:25,960 Speaker 17: absolute last resort. Well, I mean, what does it all mean. 1754 01:20:26,040 --> 01:20:29,200 Speaker 17: It means nothing. There's no meat on that particular bone. 1755 01:20:29,240 --> 01:20:31,439 Speaker 17: It's just a buddy old chicken bone. He's tossed out 1756 01:20:31,479 --> 01:20:35,080 Speaker 17: there for the vast right wing populist to slaver over 1757 01:20:35,960 --> 01:20:39,040 Speaker 17: as they contemplate. You know, a second or third lartee 1758 01:20:39,320 --> 01:20:42,320 Speaker 17: at the Almond Latte as well at the very groovy 1759 01:20:42,360 --> 01:20:43,440 Speaker 17: in a city cafes. 1760 01:20:44,120 --> 01:20:46,840 Speaker 2: Have you ever heard, by the way, you're still you're 1761 01:20:46,840 --> 01:20:50,720 Speaker 2: a barista, a trained barrista I am, indeed, mate. Have 1762 01:20:50,800 --> 01:20:52,759 Speaker 2: you ever heard of a coffee machine called a slayer? 1763 01:20:53,880 --> 01:20:53,920 Speaker 17: No? 1764 01:20:54,040 --> 01:20:56,160 Speaker 2: I have not look it up today. If you get 1765 01:20:56,160 --> 01:20:59,360 Speaker 2: a chance, someone, No, No, I can't afford one. But 1766 01:20:59,479 --> 01:21:03,960 Speaker 2: it's made the you know, you know Larch and Bali. Yes, 1767 01:21:04,040 --> 01:21:06,920 Speaker 2: I did, right, So the Larch and Bali family make 1768 01:21:07,040 --> 01:21:09,679 Speaker 2: them hand make them in Seattle and Washington, and they 1769 01:21:09,760 --> 01:21:14,479 Speaker 2: are the most beautiful machine. And apparently that they are 1770 01:21:14,520 --> 01:21:16,679 Speaker 2: the shes if you want to spend all your pension, 1771 01:21:17,520 --> 01:21:19,400 Speaker 2: they are the machine to get. But they look them 1772 01:21:19,479 --> 01:21:20,920 Speaker 2: up today and tell me it's not the greatest thing 1773 01:21:20,920 --> 01:21:22,760 Speaker 2: you've ever seen. By the way, the polling I was 1774 01:21:22,800 --> 01:21:24,880 Speaker 2: reading this week for the Independence, Now this is interesting. 1775 01:21:24,920 --> 01:21:26,880 Speaker 2: I don't know you guys have had the debate yet. 1776 01:21:27,360 --> 01:21:30,639 Speaker 2: So you get a minority government, the balance of powers 1777 01:21:30,680 --> 01:21:33,479 Speaker 2: held by these independents. The polling says people want to 1778 01:21:33,600 --> 01:21:36,679 Speaker 2: know which way they're going to side before they vote, 1779 01:21:36,840 --> 01:21:39,720 Speaker 2: which is a not unreasonable request. We've been through it 1780 01:21:39,880 --> 01:21:42,439 Speaker 2: because of course we have MMP. I don't think you have, 1781 01:21:42,640 --> 01:21:44,680 Speaker 2: have you and most people came back seventy percent of 1782 01:21:44,720 --> 01:21:47,720 Speaker 2: the various electorates said we want to know. Now, are 1783 01:21:47,800 --> 01:21:49,760 Speaker 2: they going to cough and tell you or not? 1784 01:21:50,720 --> 01:21:54,200 Speaker 17: I wouldn't think so. I think the Independence you know, 1785 01:21:54,280 --> 01:21:56,439 Speaker 17: we've had a bunch of them in the last federal parliament, 1786 01:21:56,720 --> 01:21:58,400 Speaker 17: and there's a lot of them at state level two 1787 01:21:58,520 --> 01:22:02,519 Speaker 17: now and you know, derisively dubbed the Teals because that 1788 01:22:02,640 --> 01:22:05,720 Speaker 17: sort of greens but not quite green. The fact of 1789 01:22:05,760 --> 01:22:08,600 Speaker 17: the matter is, you will and they're all women, and 1790 01:22:08,760 --> 01:22:12,240 Speaker 17: if you diss these women, you do it your political 1791 01:22:12,360 --> 01:22:15,479 Speaker 17: peril because they are a substantial block and chances are 1792 01:22:15,479 --> 01:22:17,680 Speaker 17: they could get bigger at this election. And all this 1793 01:22:17,840 --> 01:22:19,760 Speaker 17: talk about we need to know we're going to stand 1794 01:22:20,120 --> 01:22:23,200 Speaker 17: bugger off, we'll tell you. And the same as Peter 1795 01:22:23,280 --> 01:22:25,680 Speaker 17: Dutton says, I'm going to have nuclear power as part 1796 01:22:25,720 --> 01:22:28,400 Speaker 17: of our Okay, tell us, tell us about it, tell 1797 01:22:28,439 --> 01:22:29,800 Speaker 17: us how much is going to cost. When's it going 1798 01:22:29,880 --> 01:22:32,160 Speaker 17: to happen. He's saying, hang on a second, bugger off, 1799 01:22:32,200 --> 01:22:34,960 Speaker 17: I'll tell you. You know when it's time to drop 1800 01:22:35,000 --> 01:22:37,200 Speaker 17: this policy. They're not going to tell. I mean, we 1801 01:22:37,400 --> 01:22:40,320 Speaker 17: know which way they go. They're worried about every one 1802 01:22:40,360 --> 01:22:44,120 Speaker 17: of these teals is worried about the environment, worried about 1803 01:22:44,160 --> 01:22:47,160 Speaker 17: climate change, worried about cost of living for families, trying 1804 01:22:47,200 --> 01:22:49,080 Speaker 17: to get to the doctor, trying to pay for the groceries. 1805 01:22:49,280 --> 01:22:51,400 Speaker 17: They are the three big ticket items on their list. 1806 01:22:51,680 --> 01:22:53,640 Speaker 17: That's what you're going to get if you boat them 1807 01:22:53,680 --> 01:22:53,920 Speaker 17: back in. 1808 01:22:54,160 --> 01:22:56,120 Speaker 2: Yeah, you get your guess as though they live just 1809 01:22:56,200 --> 01:22:58,720 Speaker 2: real quick this beef scrap because I think this may 1810 01:22:58,840 --> 01:23:01,639 Speaker 2: or may not apply to us. So suddenly the American 1811 01:23:01,720 --> 01:23:05,439 Speaker 2: farmer's eyeballing you guys. You sell a lot of beef 1812 01:23:05,520 --> 01:23:08,000 Speaker 2: to America. They're not allowed to sell a lot of 1813 01:23:08,040 --> 01:23:10,400 Speaker 2: beef to you, they argue, because of all your red 1814 01:23:10,479 --> 01:23:13,400 Speaker 2: tape and the rules you keep inventing. Is that true? 1815 01:23:13,520 --> 01:23:16,080 Speaker 2: And if it is true, are you in trouble teriff wise? 1816 01:23:16,800 --> 01:23:18,839 Speaker 17: Well, it could be, It could be, but it just depends. 1817 01:23:19,080 --> 01:23:21,639 Speaker 17: You know, who's getting in Trump's ear about tariffs because 1818 01:23:21,680 --> 01:23:25,280 Speaker 17: the pharmaceutical manufacturer a furious with Australia as well beef 1819 01:23:25,360 --> 01:23:28,840 Speaker 17: manufacturers too. Australia says, we've got a clean beef industry here. 1820 01:23:28,880 --> 01:23:31,439 Speaker 17: We don't need all the antibiotics you shove into American beef. 1821 01:23:31,479 --> 01:23:35,160 Speaker 17: We don't want that here Australia. The federal government buys 1822 01:23:35,240 --> 01:23:38,600 Speaker 17: up tons and tons and tons of American pharmaceuticals and 1823 01:23:38,800 --> 01:23:41,160 Speaker 17: uses its government muscle to drive down the cost of 1824 01:23:41,240 --> 01:23:45,080 Speaker 17: those of those pharmaceuticals, passes them on to Australian consumers 1825 01:23:45,120 --> 01:23:49,160 Speaker 17: mike as subsidies subsidized medicines. So in both of these cases, 1826 01:23:49,160 --> 01:23:54,280 Speaker 17: American beef produces American manufactur the manufacturer of American pharmaceuticals. 1827 01:23:54,400 --> 01:23:57,160 Speaker 17: They are saying to Donald Trump's tariff people, listen, punish 1828 01:23:57,200 --> 01:24:01,160 Speaker 17: Australia on this because Australia's denying US atys to high 1829 01:24:01,240 --> 01:24:04,400 Speaker 17: priced medicines and access to beef. Well, Australia is not 1830 01:24:04,439 --> 01:24:06,920 Speaker 17: going to blink and exactly the same as I mentioned 1831 01:24:06,960 --> 01:24:10,519 Speaker 17: before Peter Dutton and lockstep with Anthony Alberinezi on this. 1832 01:24:10,720 --> 01:24:13,639 Speaker 17: So we have to see which way the tariff mop flops. 1833 01:24:13,720 --> 01:24:15,920 Speaker 2: I must say, super interesting. Made always a pleasure to 1834 01:24:15,960 --> 01:24:16,559 Speaker 2: have you on the program. 1835 01:24:16,640 --> 01:24:17,240 Speaker 16: So can you find it? 1836 01:24:17,400 --> 01:24:19,240 Speaker 2: Murray Olds Across the Tasman fourteen to. 1837 01:24:19,200 --> 01:24:24,720 Speaker 1: Two, The Mic Asking Breakfast Full Show podcast on iHeartRadio 1838 01:24:24,920 --> 01:24:26,280 Speaker 1: powered by News Talks at b. 1839 01:24:27,760 --> 01:24:30,360 Speaker 2: HI Mike nineteen thousand dollars for slayers a bit much 1840 01:24:30,439 --> 01:24:32,840 Speaker 2: for me, will meet too, and they can be more 1841 01:24:32,880 --> 01:24:33,439 Speaker 2: than nineteen. 1842 01:24:33,800 --> 01:24:35,280 Speaker 9: That's a cheap one. The one I'm looking at is 1843 01:24:35,320 --> 01:24:36,400 Speaker 9: twenty thousand euro. 1844 01:24:36,560 --> 01:24:39,880 Speaker 2: You can you can spend thirty without even worrying about it. 1845 01:24:39,960 --> 01:24:42,240 Speaker 2: It's just a there, aren't they a beautiful machine? 1846 01:24:42,320 --> 01:24:42,360 Speaker 7: No? 1847 01:24:42,760 --> 01:24:43,439 Speaker 2: Do you get on think so? 1848 01:24:43,760 --> 01:24:43,800 Speaker 17: No? 1849 01:24:44,040 --> 01:24:45,639 Speaker 9: It looks like something that was made in the sixth 1850 01:24:45,680 --> 01:24:46,679 Speaker 9: form metal work class. 1851 01:24:47,080 --> 01:24:49,120 Speaker 2: Well that's I take that as positive. Because you're you're 1852 01:24:49,120 --> 01:24:52,960 Speaker 2: anti can, You're anti whatever the zeitgeisters, So just look 1853 01:24:53,000 --> 01:24:54,280 Speaker 2: at it. Tell me I reckon, I reckon. 1854 01:24:54,320 --> 01:24:56,880 Speaker 9: If you got I would take my Brevel Virtuo n 1855 01:24:57,000 --> 01:25:00,439 Speaker 9: Espresso machine over that any day of the week. The speech, 1856 01:25:00,680 --> 01:25:02,160 Speaker 9: I don't even have the bench space for it for 1857 01:25:02,200 --> 01:25:03,160 Speaker 9: a start, it's huge. 1858 01:25:03,600 --> 01:25:05,880 Speaker 2: Well some of them, are you? Just the speeds to 1859 01:25:05,920 --> 01:25:08,080 Speaker 2: coffee machine is the bomb, Mike, that's a Van der 1860 01:25:08,120 --> 01:25:11,879 Speaker 2: Veston Slayers are stunning machines. But the breakdowns are constant, 1861 01:25:12,000 --> 01:25:12,360 Speaker 2: are they? 1862 01:25:13,120 --> 01:25:13,280 Speaker 17: Yeah? 1863 01:25:13,320 --> 01:25:15,920 Speaker 9: See, that'd be right. And then once again you can't 1864 01:25:15,960 --> 01:25:18,200 Speaker 9: get the pats. You've been there, haven't you. 1865 01:25:18,320 --> 01:25:20,599 Speaker 2: I've been there. I have been there. It's the bespoke business. 1866 01:25:20,840 --> 01:25:24,919 Speaker 2: By the way, quick podcast update for you. I stumbled 1867 01:25:25,000 --> 01:25:29,200 Speaker 2: upon a thing called high Performance. The podcast called High Performance. 1868 01:25:29,240 --> 01:25:30,800 Speaker 2: There's a bloke I've never heard of. There's a couple 1869 01:25:30,840 --> 01:25:32,240 Speaker 2: of them, but this particular one who was doing the 1870 01:25:32,280 --> 01:25:34,120 Speaker 2: podcast I've never heard of, but apparently worked an f 1871 01:25:34,200 --> 01:25:36,040 Speaker 2: one for a while as a reporter. He's a Journalist's 1872 01:25:36,040 --> 01:25:38,200 Speaker 2: gone on to do a podcast, haven't they all? Anyway? 1873 01:25:38,360 --> 01:25:41,800 Speaker 2: He was talking to Clear Williams, who is the daughter 1874 01:25:41,840 --> 01:25:45,080 Speaker 2: of Frank Frank a legend and the Williams racing team 1875 01:25:45,120 --> 01:25:46,880 Speaker 2: of course, And I won't bore you with the story, 1876 01:25:46,960 --> 01:25:48,640 Speaker 2: but she had to sell the company. They ran out 1877 01:25:48,640 --> 01:25:50,599 Speaker 2: of road, ran out of money, ran out of everything, 1878 01:25:51,160 --> 01:25:53,120 Speaker 2: and she had to sell the company and the private 1879 01:25:53,160 --> 01:25:55,519 Speaker 2: equity company bought it. They put in James Valves. They're 1880 01:25:55,560 --> 01:25:58,680 Speaker 2: now a moderately successful side that's on the improve and 1881 01:25:58,760 --> 01:26:00,960 Speaker 2: may well turn out to be fantastic one day. But 1882 01:26:01,200 --> 01:26:04,679 Speaker 2: she tells a really interesting story about where she came from, 1883 01:26:04,840 --> 01:26:07,880 Speaker 2: the upbringing, the way that Frank ran business, ran racing, 1884 01:26:08,000 --> 01:26:09,720 Speaker 2: ran the family, all of that sort of thing. She's 1885 01:26:09,720 --> 01:26:13,960 Speaker 2: still in therapy, which is I'm always interested in. It 1886 01:26:14,160 --> 01:26:17,120 Speaker 2: was the business of letting the family down, trying to 1887 01:26:17,200 --> 01:26:20,800 Speaker 2: keep the company alive, keep the Williams name alive, and 1888 01:26:21,000 --> 01:26:22,840 Speaker 2: the letting go. And this happened a couple of years ago. 1889 01:26:22,920 --> 01:26:25,120 Speaker 2: This is not recently what was raletively recent, but she's 1890 01:26:25,160 --> 01:26:29,639 Speaker 2: still in therapy on how that affected her. So it's 1891 01:26:29,680 --> 01:26:31,560 Speaker 2: if you got time over the weekend between the F 1892 01:26:31,680 --> 01:26:36,760 Speaker 2: one and the Warriors and whatever else you're doing trying 1893 01:26:36,760 --> 01:26:39,680 Speaker 2: to split your television screen, then you might want to 1894 01:26:39,840 --> 01:26:42,200 Speaker 2: watch that. High Performance is the name of the podcast 1895 01:26:42,320 --> 01:26:42,880 Speaker 2: nine to nine. 1896 01:26:43,800 --> 01:26:47,120 Speaker 1: A make Hosking Breakfast with the Range Rover Villain News. 1897 01:26:47,200 --> 01:26:49,960 Speaker 2: Togs Head been just in the Warehouse Group half year 1898 01:26:50,040 --> 01:26:54,320 Speaker 2: result for the six months ending January. Group sales down 1899 01:26:54,400 --> 01:26:57,080 Speaker 2: one point six, same source tales down one point one, 1900 01:26:57,160 --> 01:26:59,519 Speaker 2: profit margin thirty two point five percent down one hundred 1901 01:26:59,520 --> 01:27:01,840 Speaker 2: and eighty basis points cost of doing business down, so 1902 01:27:01,920 --> 01:27:03,599 Speaker 2: that we pleased about that. I suppose two point eight 1903 01:27:03,600 --> 01:27:06,920 Speaker 2: percent down. Operating profit nineteen point five million. That's compared 1904 01:27:06,960 --> 01:27:08,920 Speaker 2: with the forty three million dollar loss. So I suppose 1905 01:27:08,960 --> 01:27:11,880 Speaker 2: that's a turnaround story. Net profit after tax eleven point 1906 01:27:11,880 --> 01:27:13,800 Speaker 2: eight million, up from the reported net loss of twenty 1907 01:27:13,840 --> 01:27:17,599 Speaker 2: three point seven previously. The chair who's Dame Joan Withers, 1908 01:27:17,640 --> 01:27:20,559 Speaker 2: who is one of the world's nicest people. Your group 1909 01:27:20,640 --> 01:27:23,599 Speaker 2: has taking decisive action to strength in its position, starting 1910 01:27:23,640 --> 01:27:26,080 Speaker 2: to see meaningful progress. So that's good. So that's the 1911 01:27:26,120 --> 01:27:29,160 Speaker 2: Warehouse's story for this Friday morning, five minutes away from nine. 1912 01:27:29,320 --> 01:27:34,240 Speaker 1: Trending now with Chemist Wells keeping Kiwi's healthy all year round. 1913 01:27:34,320 --> 01:27:37,120 Speaker 2: It's from Fox. Jesse Waters, who is on in the 1914 01:27:37,160 --> 01:27:40,280 Speaker 2: afternoon our time, recently overtook Cahannity as the most popular 1915 01:27:40,320 --> 01:27:42,559 Speaker 2: host on Fox, which is interesting. He's thees issued as 1916 01:27:42,640 --> 01:27:45,880 Speaker 2: five rules for men. It was in response to Tim Waltz, 1917 01:27:46,000 --> 01:27:49,240 Speaker 2: who said the Republicans were obsessed with his masculinity. 1918 01:27:49,600 --> 01:27:51,160 Speaker 20: I have rules for men. They're just funny. 1919 01:27:51,240 --> 01:27:53,280 Speaker 10: They're not that serious, Like you don't eat soup. 1920 01:27:53,360 --> 01:27:53,879 Speaker 1: In public. 1921 01:27:54,880 --> 01:27:58,240 Speaker 20: You don't cross your legs, and you don't drink from 1922 01:27:58,280 --> 01:27:58,679 Speaker 20: a straw. 1923 01:27:58,840 --> 01:28:00,920 Speaker 19: And one of the reasons you don't drink from astros 1924 01:28:01,040 --> 01:28:04,559 Speaker 19: because the way your lips purse it's very effeminate. 1925 01:28:04,360 --> 01:28:05,200 Speaker 17: And you are. 1926 01:28:05,400 --> 01:28:07,560 Speaker 20: His excuse was, well, I was drinking a milkshake. 1927 01:28:08,080 --> 01:28:12,559 Speaker 16: Again, you shouldn't be drinking a milkshake milkshakes. 1928 01:28:12,439 --> 01:28:13,040 Speaker 1: Or for kids. 1929 01:28:15,640 --> 01:28:19,000 Speaker 2: There's fifth one is the crossing the legs. 1930 01:28:19,040 --> 01:28:20,800 Speaker 17: I do well. 1931 01:28:20,840 --> 01:28:22,920 Speaker 2: The rest I go along with his fifth one is 1932 01:28:22,960 --> 01:28:25,519 Speaker 2: you don't weigh men. Don't weigh with two hands, which 1933 01:28:25,560 --> 01:28:31,080 Speaker 2: I would have thought goes without saying reaction. There's a 1934 01:28:31,200 --> 01:28:35,640 Speaker 2: sixth rule, don't let down a girl's tires so she 1935 01:28:35,760 --> 01:28:39,320 Speaker 2: has to get in your car. He did that, apparently, 1936 01:28:39,360 --> 01:28:42,479 Speaker 2: what has did that so he could offer his now 1937 01:28:42,600 --> 01:28:45,639 Speaker 2: wife a ride home from work so he could talk 1938 01:28:45,680 --> 01:28:46,519 Speaker 2: to her for the first time. 1939 01:28:47,120 --> 01:28:48,000 Speaker 9: Nothing creepy about that. 1940 01:28:48,240 --> 01:28:51,519 Speaker 2: Yeah, see, it's creepy until he ends up marrying her. 1941 01:28:51,840 --> 01:28:55,320 Speaker 2: So it's a happy lever after story, isn't it. Because 1942 01:28:55,360 --> 01:28:56,760 Speaker 2: he was so shy he couldn't talk to her for 1943 01:28:56,960 --> 01:28:59,639 Speaker 2: saying ah. But then the initial I let the girls 1944 01:28:59,720 --> 01:29:01,680 Speaker 2: tire down so she could hop in the car is 1945 01:29:01,800 --> 01:29:06,840 Speaker 2: like really okay. Anyway. They were also making fun of 1946 01:29:06,880 --> 01:29:09,720 Speaker 2: the way Tim Walls holds his gun. He doesn't hold 1947 01:29:09,760 --> 01:29:12,000 Speaker 2: his gun properly. He sort of cradles his gun like 1948 01:29:12,120 --> 01:29:14,200 Speaker 2: he's almost never held a gun in his life before. 1949 01:29:14,240 --> 01:29:16,680 Speaker 2: Because everyone on Fox, of course is a hunter and 1950 01:29:16,840 --> 01:29:19,960 Speaker 2: owns a thousand guns each, so they've handled plenty of 1951 01:29:20,040 --> 01:29:22,000 Speaker 2: weaponry and Tim wolves as a pussy. 1952 01:29:23,040 --> 01:29:23,200 Speaker 20: Right. 1953 01:29:23,800 --> 01:29:28,000 Speaker 2: That's us for the week. How excited are we about Liam? 1954 01:29:28,000 --> 01:29:31,639 Speaker 2: I'm excited unchanged side for the warriors too, by the way, 1955 01:29:31,720 --> 01:29:34,240 Speaker 2: so that's exciting too. So that's maybe a couple of wins. 1956 01:29:34,280 --> 01:29:36,280 Speaker 2: Who knows you have a good weekend. We'll seehim Monday. 1957 01:29:36,760 --> 01:29:37,400 Speaker 2: Happy Days. 1958 01:29:42,000 --> 01:29:44,840 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1959 01:29:45,000 --> 01:29:48,040 Speaker 1: news talks it'd be from six am weekdays, or follow 1960 01:29:48,120 --> 01:29:49,640 Speaker 1: the podcast on iHeartRadio.