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

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Speaker 1: the Mic asking Breakfast with a Veda, Retirement, Communities, Life

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Speaker 1: Your Way news, togs Head.

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Speaker 2: Been boding and welcome today more good housing news were

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Speaker 2: increasingly bullish around prices. We have significantly fewer victims of

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Speaker 2: violent crime as well. CEO of The New Zealand tells

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Speaker 2: us when as engines are back and they turn a profit.

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Speaker 2: The week with Tim mccatie. Of course, Richard Arnold Murray

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Speaker 2: olds they had a bit of class to the joint

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Speaker 2: pasking the past six Welcome to Friday. We'll talk with

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Speaker 2: the New Zealand CEO later on the show. But there's

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Speaker 2: no doubt though Air New Zealand has got issues. In

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Speaker 2: a week of company reports, the vast majority of which

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Speaker 2: contained good news in New Zealand was a glaring exception.

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Speaker 2: A national airline losing money in an industry that's booming

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Speaker 2: doesn't make sense. They've got engine issues, yes, that's real

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Speaker 2: and it's not over. They got eight granded planes, planes

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Speaker 2: that don't fly, don't make money. They've got issues getting planes.

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Speaker 2: That's been applicable to everyone. So a perfect storm of sorts.

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Speaker 2: But if you read the report, the engine compensation was

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Speaker 2: fifty five million, but the bottom line would have been

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Speaker 2: ninety they claim if the engines were on the plane.

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Speaker 2: But add the ninety to the loss and you're still

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Speaker 2: not making a lot of money. They blame domestic demand,

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Speaker 2: all lack of it. They blame increased charges. They're real

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Speaker 2: the cost plus accounting of landing charges and so on.

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Speaker 2: It's not only material, but it's criminal and the government

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Speaker 2: is a main shareholder, needs to do something about that.

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Speaker 2: But enter David Seymour. An election year, he says we

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Speaker 2: should sell the thing, go break. They're two politically motivated.

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Speaker 2: Seymour's wrong. We need a national airliine. Just imagine the

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Speaker 2: sale to a private operator and the thing tanks. A

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Speaker 2: country needs an air network and Jetstar, isn't it. A

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Speaker 2: government saved Air New Zealand before they could do it again.

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Speaker 2: A country with no airline is not a country. But

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Speaker 2: that doesn't mean Seymour's completely wrong. Air New Zealand is

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Speaker 2: woke and it does have reputational issues. It's focused on

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Speaker 2: uniforms and departure videos to a degree that's laughable. The

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Speaker 2: Great Airlines Emirates Singapore, Katar have ordinary uniforms and ordinary videos,

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Speaker 2: but world class product and a shedload of profit. That

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Speaker 2: is where Air New Zealand is badly missing. Too often

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Speaker 2: they charge first world prices for BUDE services, and domestically

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Speaker 2: the services are not reliable enough. There's a line between

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Speaker 2: their genuine issues and their brand issues. They do have problems,

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Speaker 2: but they also don't look like all they could be,

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Speaker 2: and they haven't for years. Some of it is small country,

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Speaker 2: small population. Some of it is too much purple and

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Speaker 2: too much pr around Cassava crisps and eight hundred dollar

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Speaker 2: flights to small towns. The CEO has a hell of

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Speaker 2: a job. The turnaround, they say is coming. But read

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Speaker 2: the report. I don't see it yet.

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Speaker 3: Wow, news of the world in ninety seconds.

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Speaker 2: A couple of things to start. Stateside. Hillary has just

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Speaker 2: begun the testimony over Epstein never met him. Cubans, though, meantime,

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Speaker 2: have gone and shot some people dead, and the boat

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Speaker 2: registered in the States. They claim bad things were going

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Speaker 2: to happen. The Republicans, they're not convinced.

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Speaker 4: It is a twenty four foot open fisherman with one

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Speaker 4: three hundred horsepower engine and you've got ten people on it.

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Speaker 4: It's not going to go very fast. And so the

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Speaker 4: original story was that they were transporting. It was human

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Speaker 4: you know, smuggling, and now that they're terrorists again and

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Speaker 4: they're changing their story.

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Speaker 2: In old Kamela, remember her, she's in front and center

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Speaker 2: over the latest version of the voter id legislation, something.

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Speaker 5: Like forty of Americans don't have those documents married women.

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Speaker 5: If you changed your name when you got married, it's

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Speaker 5: going to be different than what's on your birth certificate.

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Speaker 2: She is right, right, she's really working that upward inflections.

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Speaker 2: And she then in Britain by election day with the

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Speaker 2: polls open as we speak, Starmas sweating on the result

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Speaker 2: in Manchester while he waits a lot of banks over

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Speaker 2: the right to die bill. It seems it's been delayed

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Speaker 2: so long. In the Lords, they'll run out of time.

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Speaker 6: They do do good work in scrutinizing and improving bills.

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Speaker 6: What they don't do is say we know better than

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Speaker 6: the Commons. And indeed it's not the Lords as a

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Speaker 6: whole that's saying that it's.

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Speaker 2: A small minority. Campaigners aren't giving up hope.

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Speaker 7: That I'm saying to the House of Lords, how can

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Speaker 7: you be so cruel, so inhumane and so undemocratic.

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Speaker 2: Was that the ghost of Margaret Thatcher. As always, it's contentious,

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Speaker 2: not all laws good law.

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Speaker 8: There wasn't a proper scrutiny process in the Commons, and

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Speaker 8: so when the bill came to the Lords, the peers

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Speaker 8: understandably have been very concerned about the state that it

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Speaker 8: was an even Lord Faulkner has proposed sixty nine amendments.

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Speaker 2: And from the old social media file says on next week,

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Speaker 2: instda's rolling out alts of appearances kids are repeatedly searching

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Speaker 2: for terms related to self harmon suicide. Not that you

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Speaker 2: can please everyone.

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Speaker 9: If Instagram was serious about protecting children and young people

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Speaker 9: at about the best interest of children, it would be

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Speaker 9: cleaning up the mess that is its platform. It would

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Speaker 9: be getting to grips with these algorithms pushing content, harmful

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Speaker 9: content to children.

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Speaker 2: And that as news of the world in ninety only

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Speaker 2: what they are falling like flies Borg Brinda not a

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Speaker 2: name you'll know, but he's the President's c of the

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Speaker 2: World Economic Forum. He was in Dabos just a couple

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Speaker 2: of days ago. He's resigned. Why Epstein. Larry Summers, you

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Speaker 2: remember him, former Treasury Secretary. He's quit why Epstein from

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Speaker 2: Harvard University previously served as president. Three months after he

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Speaker 2: took leave from Harvard. He's also resigned from the board

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Speaker 2: of the artificial intelligence company open Ai. Doctor Richard Axel,

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Speaker 2: you may or may not know the name. Nobel Prize

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Speaker 2: winning scientist. He's gone why Epstein, stepping down as co

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Speaker 2: director of Columbia University Zuckerman Mind Brain Behavior Institute, And

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Speaker 2: so it goes. Twelve past six.

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

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Speaker 1: by News Talks B.

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Speaker 2: Yes, some good news for Starmaro over night while he

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Speaker 2: waits the by election result. The people claiming asylum in

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Speaker 2: Britain of fall and four percent, so that's better than nothing.

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Speaker 2: But the ones who came on the small boats are

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Speaker 2: up thirteen percent, So you got one hundred thousand, six

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Speaker 2: hundred and twenty five people. These are all illegals, about

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Speaker 2: forty percent of them arrived on small boats, so that

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Speaker 2: problem's far from soul. Fifteen past six, Oh my gosh. Yeah,

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Speaker 2: from sur and Partners, Andrew callaher good morning, very good Bonnie.

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Speaker 10: Mikey in Vidie is good.

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Speaker 2: For nothing else apart from just eyewatering numbers, isn't it.

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Speaker 2: I mean, in.

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Speaker 11: GOB's backing extraordinary numbers really in some in some cases.

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Speaker 11: So after we spoke yesterday, in Video released its quarterly results.

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Speaker 11: So I had an interesting overnight trading response to this

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Speaker 11: and the massive amount of interest going into the result.

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Speaker 11: I mean, it's seen as being an important barometer of

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Speaker 11: what's happening in the AI space. That whole AI space

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Speaker 11: been very volatile recently, and lots of speculation about what's

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Speaker 11: going to happen with demand, how a company is going

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Speaker 11: to get a return on these crazy levels of capex. Well,

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Speaker 11: remember that in Video is selling the kit, that's selling

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Speaker 11: the hardware. So and after ours trading, straight after the

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Speaker 11: release the share park the share price rallied, so it

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Speaker 11: went up, then it settled sort of flat. But it's

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Speaker 11: turned around overnight and it's weaker. But this is in

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Speaker 11: the face of what was a great result.

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Speaker 10: The result was.

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Speaker 11: Strong, which would seem to allay some of the short

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Speaker 11: term concerns in the whole AI space. But they they

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Speaker 11: reported a massive increase in profit, record sales and the

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Speaker 11: fourth quarter net income forty three billion, sales of sixty

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Speaker 11: eight point one billion. All these measures, beating market consensus estimates.

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Speaker 11: It's all about data center hardware that is over ninety

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Speaker 11: percent of the revenue. It does seem, though, that the

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Speaker 11: market is not expecting great results, it's expecting spectacular results.

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Speaker 11: I mean, this was a dead set great outcome gross margins.

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Speaker 11: I mean, Mike, we're talking about a business here that's

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Speaker 11: got sales of almost seventy billion dollars a quarter. Gross

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Speaker 11: margins for this business are at seventy five percent. That

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Speaker 11: is extraordinary. They actually see their revenue lifting further in

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Speaker 11: the first quarter of the of the new year too,

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Speaker 11: now getting close to eighty billion US dollars. And Jason

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Speaker 11: Juan said, computing demand is growing exponentially.

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Speaker 3: But here's the thing.

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Speaker 11: Overnight share price down four point four and a quarter percent.

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Speaker 11: So this is a classic case of the old share

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Speaker 11: market adage mic of by the rumor, sell the fact.

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Speaker 2: And then we come to our news healand.

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Speaker 10: Oh what is?

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Speaker 11: And unfortunately, unfortunately I speak from great experience because I'm

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Speaker 11: one of the very, very frequent flyers on their New Zealand.

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Speaker 11: So look, we've spoken a few times this week, Mike

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Speaker 11: about increased revenue but lower profits. Well, here we go

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Speaker 11: again first half loss before tax fifty nine million, after

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Speaker 11: tax forty million loss. Look from their announcement, Marke, it's

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Speaker 11: the result of global engine maintenance delays, which is true,

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Speaker 11: slower than expected recovery and domestic demand, increasing aviation system

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Speaker 11: costs that would be landing charges, and a weak New

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Speaker 11: Zealand dollar. Look, there are definitely external factors, particularly issues

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Speaker 11: here with the.

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Speaker 2: Engines and the planes.

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Speaker 11: But this loss is quite a bit bigger than what

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Speaker 11: the market was expecting. And they told us that in

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Speaker 11: October and they gave a range of thirty to fifty

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Speaker 11: five million. It's coming not just at the top of

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Speaker 11: that range, but out the other side of that range.

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Speaker 11: And this is despite total revenue increasing two point two

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Speaker 11: percent to three point four billion. And if you look

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Speaker 11: inside this mic, the pre cabin is growing faster than

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Speaker 11: the economy. Can people want to spend money, don't they Look,

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Speaker 11: fuel prices were higher than they thought, but looking forward

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Speaker 11: there's no real improvement. The second half outlookers for a

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Speaker 11: loss before tax as well, in line with or modestly

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Speaker 11: below the first half result. You're going to end up

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Speaker 11: with a year loss of you know, it will potentially

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Speaker 11: be well over one hundred million bucks. Still uncertainty around

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Speaker 11: timing of aircraft return. The Border has initiated a strategic review.

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Speaker 12: I think, are you.

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Speaker 11: Talking to the CEO. Yes, So it looks like he

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Speaker 11: got this directed before he'd even gotten the job. And

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Speaker 11: this comment in there, which I think a lot of

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Speaker 11: people will be quite worried about around the country. The

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Speaker 11: regional fires that the statement the trajectory of further cost

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Speaker 11: increases place additional pressure on, amongst other things, the sustainability

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Speaker 11: of regional connectivity.

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Speaker 2: So I think people will be quite worried about. I

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Speaker 2: need to talk to the Prome Minister about them on

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Speaker 2: Monday as well. Business outlooks so it's down a bit,

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Speaker 2: but we're still elevated. We're still feeling okay, that's right,

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Speaker 2: So it's pulling back.

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Speaker 11: It looks like generally we all took a little bit

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Speaker 11: of a breather in January because we've seen this in

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Speaker 11: other numbers as well. So headline business confidence fell five

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Speaker 11: points still, restaurant fifty nine, own activity outlooked up from

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Speaker 11: fifty one point six to fifty two point six. Past

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Speaker 11: own activity that fell a little bit. Construction notably weaker there.

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Speaker 11: The RBNZ will take some comfort from the number of

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Speaker 11: firms that are looking to raise prices has actually fallen

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Speaker 11: a big pullback in enthusiasm and residential building fifty eight

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Speaker 11: point eight to forty one point four cost expectations are

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Speaker 11: still high. It looks like maybe that change in intrastrate

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Speaker 11: expectations that we saw after the RBNZ, NPS and November

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Speaker 11: looks like that might have had an impact. But we're

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Speaker 11: going okay, But we do want to see a resurgence

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Speaker 11: in sort of inactivity through February and March.

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Speaker 2: Yes, we do numbers please.

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Speaker 11: So US markets just come off a little bit. As

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Speaker 11: I talked about the market bit negative. Dow Jones down

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Speaker 11: one hundred and eighty three points point three seven percent

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Speaker 11: forty nine two hundred and ninety seven. The S and

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Speaker 11: P five hundred is down points nine percent, sixty three

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Speaker 11: points six eight eighty three, and the NASDAK is the

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Speaker 11: one that's getting hit one point sixty four percent four

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Speaker 11: their three hundred and seventy eight points twenty two thousand,

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Speaker 11: seven hundred and seventy one. The forty one hundred overnight

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Speaker 11: gained forty points ten thousand and eight four six. The

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Speaker 11: NICKET was uper point two nine percent fifty eight thousand,

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Speaker 11: seven hundred and fifty three Shanghai composite relatively stable four

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Speaker 11: one four six. The Aussie's gained half percent overnight nine

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Speaker 11: one seven five the mark on the A six two hundred, and.

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Speaker 3: We've had a good week atchal on the Interet's fifty.

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Speaker 11: Nice to see up one point oh seven percent yesterday,

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Speaker 11: one hundred and forty five points thirteen thousand, six hundred

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Speaker 11: and seventy ki we dollar point five nine seven two

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Speaker 11: against the US look against the Ossie marc point eight

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Speaker 11: four to two to two. So it's cheap for Ozsis

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Speaker 11: to come here. At the moment, it should be screaming,

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Speaker 11: and shouldn't they good for tourism? The euro point five

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Speaker 11: four sixty five point four four two four against the

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Speaker 11: pound ninety three point twenty six, Japanese en gold five

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Speaker 11: to one seven nine and Brent crude still l seventy

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Speaker 11: one dollars and ninety two cents.

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Speaker 2: You have great seen, Sandra Keller, a great weekend, Andrew Keller,

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Speaker 2: Hert Sure and Partners Pasky Man. You profit, yes, last

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Speaker 2: year it was three point nine million. This year it's

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Speaker 2: thirty two. So on the surface good. What they're worried

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Speaker 2: about debt? How much debt? Do they have? One point

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Speaker 2: three billion? Ratcliff's in there cutting things out, left, right

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Speaker 2: and center. So they are profitable, but boy, that debt's

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Speaker 2: got to be a problem. Six twenty one, here a

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Speaker 2: News Talks. He'd be.

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Speaker 1: The vic Asking Breakfast full Show podcast on iHeartRadio powered

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Speaker 1: by News Talks'd be It's.

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Speaker 2: A national pastime assorts, isn't it, Mike, Like a lot

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Speaker 2: of things in New Zealand, we need to go back

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Speaker 2: to basics and do them bloody well. In New Zealand's

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Speaker 2: overcook their brand. Mike Emerts and Singapore, arguably the two

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Speaker 2: best airlines in the world, never changed their livery, never

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Speaker 2: changed their uniforms. Both completely focused on their customer experience.

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Speaker 2: You can't argue with that. But Nicol rabys Shanka after

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Speaker 2: seven thirty six twenty.

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Speaker 1: Five Trending Now with Whom as Well and You're Home

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Speaker 1: of Sports and.

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Speaker 2: Nutrition mist of News Season eight, Drive to Survive Drops

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Speaker 2: Win Win? Does it drop drops today? On Netflix? The

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Speaker 2: bits we've already sort of got so far. There's lots

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Speaker 2: of teasers out there. Race ten. This is Canada. You

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Speaker 2: might remember a battle between the two McLaren's.

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Speaker 3: Ask it, there's three laps to go after this count

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Speaker 3: to Lando.

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Speaker 10: Now to a point six behind and free to race,

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Speaker 10: free to race.

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Speaker 3: You know the rules Lando, it's the passes car crack.

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Speaker 10: Let's use the pace contest. I know what I'm capable

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Speaker 10: of doing.

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Speaker 6: I want to win badly.

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Speaker 13: And sometimes too badly.

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Speaker 10: Okay, George.

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Speaker 14: Two mclard's contacted to what Norris has stopped on the

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Speaker 14: left hand side.

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Speaker 2: Must have been coming from many races. I mean surprised

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Speaker 2: it's got to Canada before they've made contact.

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Speaker 15: Every team has the golden rule, don't hit your teammates.

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Speaker 2: It was one of the great debates of the year,

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Speaker 2: the so called Papaya rules. They're right up there. They

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Speaker 2: put the rankings out, I mean, the rankings of the

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Speaker 2: rankings to the hell knows what the rankings are out

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Speaker 2: of all the testing bottom that aston Martin have got

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Speaker 2: major worries. I watched the thing with Peter wins It.

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Speaker 2: Peter Windsor we have on the program periodically, former f

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Speaker 2: one from Ferrari and Williams. He's absolutely convinced new he's

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Speaker 2: a genius and it's perfection. He's chasing perfection's the problem.

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Speaker 2: But once he gets there, the car's going to roll.

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Speaker 2: So that's the thinking round. Aston Martin Cadillacer at the

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Speaker 2: back of the field as you would expect, along without

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Speaker 2: he as you would expect Liam racing balls middle of

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Speaker 2: the field. They got him about seven midfield pack. They've

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Speaker 2: got Elpine up. Elpine seem to have had a good offseason.

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Speaker 2: They put a shed load of money in and a

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Speaker 2: brand new engine, so that'll help them and the top

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Speaker 2: four of the top four, but there is much debate

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Speaker 2: around the top four as to who's really that good.

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Speaker 2: Mercedes generally is seen as the best. Russell's seen as

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Speaker 2: your future champion. Red Bull that there or thereabouts, but

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Speaker 2: it seems to would agree anyway that Ferrari are back.

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Speaker 16: That.

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Speaker 2: By the way, A drops when I say today not

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Speaker 2: till nine o'clock tonight. For those of us who go

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Speaker 2: to bed early. It's going to be a Saturday Watch

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Speaker 2: News is next, and then we'll talk about the confidence

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Speaker 2: in the economy, more new data for you. That's shortly.

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

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Speaker 1: Mike the mic Hosking Breakfast with the Defender, embrace the

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Speaker 1: impossible news talks headv so.

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Speaker 2: Iran and Cuba and the Clintons Richard Arnold shortan twenty

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Speaker 2: four minutes away from seven other piece in the economic recovery.

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Speaker 2: Before we get to Richard Arnald, another piece in the

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Speaker 2: economic recovery mix gets added this Friday morning with new

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Speaker 2: data on housing. So the confidence survey from the ASP

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Speaker 2: it is up thirty percent. Now expect prices to rise

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Speaker 2: over the next year. The last quarter it was just

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Speaker 2: seventeen so you can see the optimism. They're twenty seven percent,

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Speaker 2: so now it's a good time to buy. That's well

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Speaker 2: above the long term average. Nick Tupley is of course,

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Speaker 2: asb's chief economist, is back with us. Nick, good morning

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Speaker 2: to you.

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Speaker 12: Good morning.

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Speaker 2: Do we have a nice mix at the moment, good

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Speaker 2: expectations on prices. That's positivele so good choice. I'm assuming

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Speaker 2: we're still calling it a buyer's mark.

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Speaker 17: It's definitely a buyer's market. So you've got a lot

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Speaker 17: of supply on the market. Prices aren't actually really moving

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Speaker 17: anywhere in most parts of the country at the moment,

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Speaker 17: and interest rates, you know that whilst you have seen

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Speaker 17: some creeping up, you know, the debt servicing rates that

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Speaker 17: bank supply are still very very low, So that affordability

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Speaker 17: factor it's really good too.

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Speaker 2: Yeah, let me tell you that long term money which

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Speaker 2: is started to drop off again this week. What's driving that?

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Speaker 2: And is that a thing?

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Speaker 17: Well, I think we've just seen a slight adjustment in

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Speaker 17: the market expectations over how quickly the Reserve Bank will

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Speaker 17: lift interest rates here. But let's also just bear in

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Speaker 17: minded at the direction is going to be up over time,

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Speaker 17: and you are seeing that being reflected in the fact

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Speaker 17: that those longer term rates are still a lot higher

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Speaker 17: than the shorter term rates, which is still pretty low

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Speaker 17: around four and a half percent.

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Speaker 2: What sort of waiting do you give the psychology of this?

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Speaker 2: In other words, I'm sitting here thinking about the housing market.

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Speaker 2: Our rates going up this year? Are they? I'm not sure?

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Speaker 2: If they do, do I freak out? I mean, how

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Speaker 2: important does that bit?

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Speaker 17: Well, we do see the survey as giving a sort

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Speaker 17: of pretty good insight into what people are thinking at

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Speaker 17: the moment. And look, three things I call out with

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Speaker 17: the survey is that there's been a massive shift in

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Speaker 17: people's expectations where interest rates are going to go, So

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Speaker 17: instead of like pretty much half of the people surveyed

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Speaker 17: thinking mortgage rates will drop over the next year. Now

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Speaker 17: that's really pulled back a long way, and I've had

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Speaker 17: quite a lift in people thinking rates will will go up.

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Speaker 17: But despite that, you've actually seen house price expectations edge

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Speaker 17: up further. And that's sort of across the board. Pet's

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Speaker 17: quite well founded in parts of the South Island, perhaps

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Speaker 17: a little bit of over optimism in the North Island.

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Speaker 17: We do think that the price movement itself will be

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Speaker 17: up a little bit this year, but I'm still going

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Speaker 17: to be yah.

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Speaker 2: Well, see that. That's the interesting thing about the thirty percent.

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Speaker 2: Why isn't that ninety percent? Because I had no doubt

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Speaker 2: in my mind that prices will rise. I mean, you

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Speaker 2: can argue about how much, but there's no doubt in

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Speaker 2: my mind prices will rise. Is there some question mark

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Speaker 2: around that?

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Speaker 12: Well, when we look at.

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Speaker 17: That, look the balance where you've still got the larger

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Speaker 17: proportion of people being c thinking prices will go up.

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Speaker 17: Look at about thirty that's above the long run average,

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Speaker 17: which was closer to about a net twenty five percent.

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Speaker 17: So it's pretty much people are saying we're expecting a

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Speaker 17: fairly normal rate of appreciation at the moment, so it's

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Speaker 17: not too bad a result. I just think in terms

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Speaker 17: of what the interest rate expectations that it was quite

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Speaker 17: quite a resilient result. Though we've got more people expecting

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Speaker 17: pricing great.

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Speaker 2: What about the supply part of the equation? Are we

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Speaker 2: still building and given I don't think we are to

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Speaker 2: the extent we were, does that eventually have some sort

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Speaker 2: of impact on pricing? Yeah?

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Speaker 17: Well, I think that's why we're seeing pricing remaining relatively

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Speaker 17: flat now and in the short term we still think

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Speaker 17: that will continue. We are still seeing consent issuance run

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Speaker 17: at a rate that's probably higher than what the population

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Speaker 17: growth really suggests we should be doing. So we do

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Speaker 17: see that supply being there until we get a bit

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Speaker 17: more active buying homes or see more n immigration coming through,

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Speaker 17: and we're seeing some early signs of that.

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Speaker 2: Good turn up. All right, Nick, you have a good week.

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Speaker 2: I appreciate it verymacing Nick Tuffley asb Chief Economists reading

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Speaker 2: one roof this week, there's a lot of listings seem

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Speaker 2: to me to be a lot of listings this week

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Speaker 2: suddenly hitting the market, which I thought was interesting. The

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Speaker 2: other piece you want to read Tony Alexander. He gave

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Speaker 2: a long list of why the days of the mum

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Speaker 2: and dad investor are largely over. I think he's got

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00:19:22,080 --> 00:19:25,240
Speaker 2: hang on, He's got sixteen reasons why it's not good

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Speaker 2: to be a mum and dad investor. I'm still one

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00:19:28,160 --> 00:19:30,280
Speaker 2: and I'm not changing despite what Tony says. But I

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Speaker 2: like what Tony says. I just don't agree with it,

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Speaker 2: but read it. Nineteen away from seven.

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Speaker 1: The Mike Hosking Breakfast Full Show podcast on I have

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Speaker 2: So get into your ear as Harvey Norman Store or

436
00:20:36,080 --> 00:20:39,680
Speaker 2: you can shop online. Pascal call it a snap, it's

437
00:20:39,720 --> 00:20:42,520
Speaker 2: not really. But the Danish prime ministers called an early election.

438
00:20:42,600 --> 00:20:44,480
Speaker 2: They had until the end of October. They're going March

439
00:20:44,520 --> 00:20:47,879
Speaker 2: twenty four. We need to define our relationship with the

440
00:20:47,960 --> 00:20:51,360
Speaker 2: United States. We must rearm to ensure peace on our continent.

441
00:20:51,640 --> 00:20:54,119
Speaker 2: We must stick together in Europe. We must secure the

442
00:20:54,119 --> 00:20:57,840
Speaker 2: future of the Danish Commonwealth, ie Denmark, Greenland and the

443
00:20:57,880 --> 00:21:01,480
Speaker 2: Pharaoh Islands. She's part of a coalition. She's asking for

444
00:21:01,560 --> 00:21:03,680
Speaker 2: boats for the Social Democrats, but they're just one part

445
00:21:03,720 --> 00:21:06,040
Speaker 2: of the mix. So they're going March twenty four instead

446
00:21:06,080 --> 00:21:08,160
Speaker 2: of the end of October six forty five.

447
00:21:08,680 --> 00:21:12,560
Speaker 16: International Correspondence with Ends and Eye Insurance, Peace of Mind

448
00:21:12,600 --> 00:21:14,720
Speaker 16: for New Zealand business Side with Jdanald.

449
00:21:14,760 --> 00:21:17,600
Speaker 2: Morning, Hey Mike, So we come to Cuban a moment. Iran,

450
00:21:17,640 --> 00:21:19,760
Speaker 2: the talks they work. Well, are we dropping bombs?

451
00:21:20,960 --> 00:21:21,120
Speaker 12: Oh?

452
00:21:21,119 --> 00:21:24,160
Speaker 15: Well, we just wait to see on this. And there's

453
00:21:24,160 --> 00:21:26,399
Speaker 15: a said round of talks taking place between Iran and

454
00:21:26,440 --> 00:21:29,240
Speaker 15: the US on the nuclear program. This is the US

455
00:21:29,280 --> 00:21:31,560
Speaker 15: has put together in the region the biggest accumulation of

456
00:21:31,600 --> 00:21:34,960
Speaker 15: military firepower since the two thousand and three Iraq invasion.

457
00:21:35,320 --> 00:21:39,040
Speaker 15: There are two aircraft carriers, strike groups, and dozens of

458
00:21:39,040 --> 00:21:42,479
Speaker 15: finer jets and aerial refuelers in the region now, as

459
00:21:42,480 --> 00:21:45,280
Speaker 15: Trump has raised the prospect of new military action against Iran.

460
00:21:45,560 --> 00:21:48,080
Speaker 15: Last Junior, of course, Trump claimed the US had quote

461
00:21:48,119 --> 00:21:51,840
Speaker 15: obliterated Around's nuclear program, but now he's suggesting that Iran

462
00:21:52,280 --> 00:21:54,960
Speaker 15: has not given up on that effort. Secretary of State

463
00:21:55,040 --> 00:21:59,919
Speaker 15: Marco Rubo is saying, in relation to this, after.

464
00:21:59,680 --> 00:22:02,439
Speaker 18: Their new clear program was obliterated, they were told not

465
00:22:02,520 --> 00:22:04,480
Speaker 18: to try to restart it, and here they are. You

466
00:22:04,480 --> 00:22:06,760
Speaker 18: can see them always trying to rebuild elements of it.

467
00:22:06,960 --> 00:22:08,959
Speaker 18: They're not enriching right now, but they're trying to get

468
00:22:09,000 --> 00:22:10,359
Speaker 18: to the point where they ultimately count.

469
00:22:10,440 --> 00:22:12,919
Speaker 15: So Rubio is laying out some of the bases for

470
00:22:12,960 --> 00:22:16,080
Speaker 15: postable US attack, and that includes Tolka's will of Iran's

471
00:22:16,200 --> 00:22:18,080
Speaker 15: huge missile capability.

472
00:22:18,160 --> 00:22:22,760
Speaker 18: Iran possesses a very large number of ballistic missiles, particularly

473
00:22:22,840 --> 00:22:26,840
Speaker 18: short range ballistic missiles that threaten the United States and

474
00:22:26,880 --> 00:22:29,480
Speaker 18: our bases in the region and our partners in the region,

475
00:22:30,040 --> 00:22:32,080
Speaker 18: and all of our bases in the UAE and Qatar

476
00:22:32,880 --> 00:22:37,600
Speaker 18: in Bahrain. And they also possess naval assets that threaten

477
00:22:37,680 --> 00:22:40,359
Speaker 18: shipping and try to threaten the US Navy.

478
00:22:40,680 --> 00:22:41,600
Speaker 10: So I want to have better.

479
00:22:41,520 --> 00:22:45,000
Speaker 18: Understand that beyond just a nuclear program, they possess these

480
00:22:45,040 --> 00:22:49,400
Speaker 18: conventional weapons that are solely designed to attack America.

481
00:22:49,480 --> 00:22:51,639
Speaker 15: Well, a lot of the debate is spilling out into

482
00:22:51,680 --> 00:22:53,800
Speaker 15: the public now. Some in the White House have argued

483
00:22:53,800 --> 00:22:56,320
Speaker 15: it would be better if Israel struck I run first,

484
00:22:56,320 --> 00:22:59,280
Speaker 15: which would trigger Irun to retaliate. Hoping to increase they

485
00:22:59,280 --> 00:23:02,639
Speaker 15: suggest public support here for an American attack. Others propose

486
00:23:02,720 --> 00:23:05,360
Speaker 15: a joint initial US as radio operation if it comes

487
00:23:05,400 --> 00:23:07,560
Speaker 15: to this. While the head of the US Joined Chiefs.

488
00:23:07,720 --> 00:23:10,080
Speaker 15: Dan Kin is warning that the US still may not

489
00:23:10,160 --> 00:23:13,280
Speaker 15: have the right forces in place to carry out any

490
00:23:13,400 --> 00:23:17,440
Speaker 15: lengthy campaign against Iran. He's raising concerns that without allies

491
00:23:17,440 --> 00:23:19,920
Speaker 15: in the region, this might be a difficult mission. That's

492
00:23:19,960 --> 00:23:23,560
Speaker 15: echoed by foreign policy expert David Ignatius of The Washington Post.

493
00:23:23,720 --> 00:23:26,400
Speaker 19: I wish there was a sign hosted in the White

494
00:23:26,440 --> 00:23:29,360
Speaker 19: House as they think about Iran. The sign would say

495
00:23:29,520 --> 00:23:34,320
Speaker 19: this is not Venezuela. There's a view after the enormous

496
00:23:34,359 --> 00:23:39,240
Speaker 19: success of Venezuela that using military power quickly surgically is easy.

497
00:23:39,440 --> 00:23:44,040
Speaker 15: Just power Iran, he says, is far more complicated meantime.

498
00:23:44,200 --> 00:23:48,439
Speaker 15: Cuba Wild Story today, where Cuba says it attacked a

499
00:23:48,520 --> 00:23:51,440
Speaker 15: US speedboat with ten Cuban residents of the United States

500
00:23:51,480 --> 00:23:54,000
Speaker 15: on board this thing. Four were killed, six others were

501
00:23:54,040 --> 00:23:58,040
Speaker 15: injured in what Cuba calls a terrorist plot and armed infiltration.

502
00:23:58,119 --> 00:24:00,719
Speaker 15: They say the speedboat was inside their terror story of waters.

503
00:24:00,960 --> 00:24:03,919
Speaker 15: On board, they found assault rifles, other guns, along with

504
00:24:03,960 --> 00:24:09,080
Speaker 15: explosive devices, telescopic site, bulletproof versed camouflire's gill, all kinds

505
00:24:09,080 --> 00:24:13,040
Speaker 15: of paraphernalia. Rubio says he's not taking Cuba's account on

506
00:24:13,119 --> 00:24:14,680
Speaker 15: all of this at face value.

507
00:24:14,400 --> 00:24:18,200
Speaker 18: It is highly unusual to see shootouts an open sea

508
00:24:18,320 --> 00:24:18,520
Speaker 18: like that.

509
00:24:18,720 --> 00:24:19,520
Speaker 2: We're going to find out.

510
00:24:19,520 --> 00:24:21,920
Speaker 18: We're not going to base our conclusions on what they've

511
00:24:21,920 --> 00:24:22,600
Speaker 18: told us.

512
00:24:23,119 --> 00:24:24,920
Speaker 15: Cuba, though, who says that the six people they have

513
00:24:25,000 --> 00:24:29,920
Speaker 15: detained have mostly criminal history. So investigations go on.

514
00:24:30,200 --> 00:24:32,560
Speaker 2: And then we come to the testimony Hillary first.

515
00:24:33,560 --> 00:24:36,520
Speaker 15: That's right. The Epstein probe really stepping up. Hillary Clinton

516
00:24:36,560 --> 00:24:39,960
Speaker 15: is testifying before the House Oversight Committee today. Former President

517
00:24:40,000 --> 00:24:43,880
Speaker 15: Bill Clinton peers tomorrow. Why Hillary, That's not clear. It's

518
00:24:43,920 --> 00:24:47,680
Speaker 15: not apparent she ever met with pedophile Epstein. She had

519
00:24:47,720 --> 00:24:50,840
Speaker 15: met his sex trafficking associate, Julanne Maxwell. Her testimony will

520
00:24:50,840 --> 00:24:53,240
Speaker 15: be videotaped, and I guess so we'll hear a lot

521
00:24:53,320 --> 00:24:55,480
Speaker 15: from the lawmakers involved in this. There are photos in

522
00:24:55,480 --> 00:24:58,240
Speaker 15: the Epstein files of Bill Clinton with Epstein and with Maxwell.

523
00:24:58,240 --> 00:25:01,520
Speaker 15: As we know, the Clinton's repeated have denied wrongdoing related

524
00:25:01,520 --> 00:25:04,320
Speaker 15: to Epstein. Hillary Clinton has accused the House panel of

525
00:25:04,440 --> 00:25:06,840
Speaker 15: using her and a husband to distract from Trump's ties

526
00:25:06,880 --> 00:25:10,440
Speaker 15: to Epstein. Democrat Robert Garcia says the committee should call

527
00:25:10,520 --> 00:25:12,879
Speaker 15: President Trump as well as the Clintons.

528
00:25:13,000 --> 00:25:16,919
Speaker 20: Let's get President Trump in front of our committee to

529
00:25:17,080 --> 00:25:22,560
Speaker 20: answer the questions that are being asked across this country

530
00:25:23,119 --> 00:25:26,639
Speaker 20: from survivors, from those who have been brutally attacked and raped,

531
00:25:26,680 --> 00:25:27,920
Speaker 20: sometimes as children.

532
00:25:28,240 --> 00:25:31,040
Speaker 15: Yeah, the Trump Justice Department is being accused of improperly

533
00:25:31,080 --> 00:25:34,440
Speaker 15: withholding some Epstein interviews that refer to Trump. This is

534
00:25:34,480 --> 00:25:36,480
Speaker 15: a story just to come out some of these withheld

535
00:25:36,520 --> 00:25:39,640
Speaker 15: masterials that describe claims by a woman who came forward

536
00:25:39,680 --> 00:25:42,600
Speaker 15: in twenty nineteen saying she was assaulted both by Epstein

537
00:25:42,680 --> 00:25:45,000
Speaker 15: and by Trump when she was a minor, in a

538
00:25:45,040 --> 00:25:48,159
Speaker 15: period when she would have been thirteen to fifteen years old.

539
00:25:48,680 --> 00:25:52,040
Speaker 15: President Trump denies any wrongdoing. The FBI did three subsequent

540
00:25:52,080 --> 00:25:55,200
Speaker 15: interviews on this, but reports of those interviews were withheld

541
00:25:55,200 --> 00:25:58,080
Speaker 15: from the public, even though the Justice Department was required

542
00:25:58,359 --> 00:26:01,200
Speaker 15: by the Congress to release them. The DOJ now says,

543
00:26:01,400 --> 00:26:04,080
Speaker 15: with this story going viral, it is quote reviewing where

544
00:26:04,080 --> 00:26:07,600
Speaker 15: the Epstein reports were improperly withheld. But dominoes are falling

545
00:26:07,640 --> 00:26:11,040
Speaker 15: all over. Bill Gates has apologized for his Epstein tirees,

546
00:26:11,080 --> 00:26:14,200
Speaker 15: saying they were a quote huge mistake, admitting affairs while

547
00:26:14,200 --> 00:26:16,840
Speaker 15: he was married with two Russian women, one a Russian

548
00:26:16,920 --> 00:26:21,400
Speaker 15: nuclear physicist, and the other a Russian bridge player. Larry Summers,

549
00:26:21,400 --> 00:26:24,240
Speaker 15: former US Treasury Secretary, is to resign from Harvard now

550
00:26:24,240 --> 00:26:26,520
Speaker 15: because of his Epstein tires. That's the latest on that.

551
00:26:26,920 --> 00:26:30,000
Speaker 15: Harvard also has placed an administrative leave on a professor

552
00:26:30,040 --> 00:26:33,840
Speaker 15: of maths and biology, Martin Nowak. Former Democratic Senator Bob

553
00:26:33,920 --> 00:26:36,720
Speaker 15: Kerry also has popped up, resigning from the board of

554
00:26:36,760 --> 00:26:40,240
Speaker 15: an energy startup because of his correspondence with Epstein after

555
00:26:40,280 --> 00:26:42,800
Speaker 15: his initial conviction. So is there no end of this crap?

556
00:26:43,359 --> 00:26:43,920
Speaker 15: Not so far.

557
00:26:44,080 --> 00:26:46,240
Speaker 2: Now you have a good week in Richard Arnold State tried.

558
00:26:46,280 --> 00:26:47,840
Speaker 2: The writings are in, by the way, for the State

559
00:26:47,840 --> 00:26:50,400
Speaker 2: of the Union. It wasn't great. But that's not necessarily

560
00:26:50,440 --> 00:26:52,640
Speaker 2: on Trump. They generally aren't. The first one you get

561
00:26:52,640 --> 00:26:54,720
Speaker 2: a good audience, the second one. And so it goes

562
00:26:54,760 --> 00:26:56,959
Speaker 2: thirty one million, thirty one and a half million last year,

563
00:26:57,000 --> 00:26:59,480
Speaker 2: this year, twenty seven point eight. And if you like

564
00:26:59,560 --> 00:27:02,320
Speaker 2: Trump and watch Fox, which generally you do, Fox did

565
00:27:02,440 --> 00:27:04,040
Speaker 2: okay out of it. Then we come to some poles,

566
00:27:04,040 --> 00:27:06,600
Speaker 2: and I have them in a moment increasingly, I've got

567
00:27:06,600 --> 00:27:10,000
Speaker 2: I think it's three poles. Increasing The Americans are starting

568
00:27:10,000 --> 00:27:13,240
Speaker 2: to go down. The Biden esque track on Trump and

569
00:27:13,280 --> 00:27:15,879
Speaker 2: whether he's mentally up for it now nine away from seven,

570
00:27:16,480 --> 00:27:16,960
Speaker 2: the Mike.

571
00:27:16,920 --> 00:27:20,400
Speaker 1: Asking breakfast with Bailey's real estate news dogs, there'd be.

572
00:27:20,600 --> 00:27:23,040
Speaker 2: Mike Tony Alexander's one hundred percent correct owning a rentals

573
00:27:23,040 --> 00:27:25,320
Speaker 2: of money pit now sold ours last year luckily made

574
00:27:25,359 --> 00:27:27,960
Speaker 2: a small profit after five years. Certainly, the labor government

575
00:27:28,040 --> 00:27:30,320
Speaker 2: CGT's going nowhere. It's a good point feat. I mean,

576
00:27:30,359 --> 00:27:32,440
Speaker 2: there is not going to be a labor government because

577
00:27:32,440 --> 00:27:35,080
Speaker 2: they're not going to win. But CGT is based on profit,

578
00:27:35,119 --> 00:27:36,600
Speaker 2: and if there is no profit, there is no tax.

579
00:27:36,640 --> 00:27:40,119
Speaker 2: Of course, those poles I mentioned the Reuter Zipsos. Sixty

580
00:27:40,160 --> 00:27:42,640
Speaker 2: one percent of Americans agreed that Trump has become erratic

581
00:27:42,720 --> 00:27:47,120
Speaker 2: with age see Ann poll. Stamina and sharpness to serve

582
00:27:47,160 --> 00:27:51,119
Speaker 2: effectively as president as declining fifty three percent, gone from

583
00:27:51,160 --> 00:27:54,159
Speaker 2: forty six. The forty six is still a mile above Biden,

584
00:27:54,200 --> 00:27:57,400
Speaker 2: of course, who was at twenty five Washington Post ABC pole.

585
00:27:57,440 --> 00:28:00,200
Speaker 2: The majority said Trump didn't have the mental sharpness ffty

586
00:28:00,240 --> 00:28:03,959
Speaker 2: six percent or physical health fifty one percent to serve effectively.

587
00:28:04,000 --> 00:28:06,719
Speaker 2: The formers up thirteen, the latters up even more twenty

588
00:28:06,800 --> 00:28:10,600
Speaker 2: three points. So it's becoming an issue five minutes away

589
00:28:10,600 --> 00:28:11,440
Speaker 2: from seven.

590
00:28:13,960 --> 00:28:17,359
Speaker 3: Bill, the ins and the outs. It's the fiz.

591
00:28:17,200 --> 00:28:21,000
Speaker 1: With business tiber take your business productivity to the next level.

592
00:28:21,160 --> 00:28:24,119
Speaker 2: R E these bad news. We'll try the Stilantis. They

593
00:28:24,160 --> 00:28:30,919
Speaker 2: are one of the big players, GEP, Dodge, Fiat, Chrysler, Pugo, Maserati. Anyway,

594
00:28:30,960 --> 00:28:33,040
Speaker 2: they posted their full year results for twenty five. Were

595
00:28:33,040 --> 00:28:34,960
Speaker 2: they good? No, they weren't. Now last year twenty four

596
00:28:35,000 --> 00:28:37,240
Speaker 2: they posted a profit at nine point two billion. What

597
00:28:37,359 --> 00:28:39,440
Speaker 2: is it? This year there's a loss, forty four billion

598
00:28:39,440 --> 00:28:39,960
Speaker 2: dollar loss.

599
00:28:39,960 --> 00:28:40,360
Speaker 10: A loss.

600
00:28:40,400 --> 00:28:43,800
Speaker 2: It's their first ever loss. They've never lost money until

601
00:28:43,800 --> 00:28:45,880
Speaker 2: they've lost money. Now it's a write off ev right

602
00:28:45,920 --> 00:28:51,040
Speaker 2: off of fifty billion dollars. Shares are up. Why because

603
00:28:51,040 --> 00:28:54,960
Speaker 2: they outline growth and key markets with petrol and hybrid vehicles,

604
00:28:55,000 --> 00:28:58,360
Speaker 2: including the increased production of the HEMI, the HEMIV eight.

605
00:28:59,000 --> 00:29:01,400
Speaker 2: They were trying for an elect truck. No one wanted one,

606
00:29:01,520 --> 00:29:03,680
Speaker 2: so they stuck to hand me back then the Ram,

607
00:29:04,480 --> 00:29:07,120
Speaker 2: which was taken down to a V six. People who

608
00:29:07,200 --> 00:29:10,440
Speaker 2: drive rams go v what So the V eight's going

609
00:29:10,520 --> 00:29:12,280
Speaker 2: back in there. So you know, it's just one of

610
00:29:12,320 --> 00:29:16,640
Speaker 2: those massive reckoning moments. And I still argue there must

611
00:29:16,640 --> 00:29:19,240
Speaker 2: be lawyers out there who are thinking to themselves, how

612
00:29:19,320 --> 00:29:24,080
Speaker 2: is it possible that governments, mainly European can mandate certain

613
00:29:24,200 --> 00:29:28,040
Speaker 2: things that ruin businesses that the businesses didn't want to do,

614
00:29:28,280 --> 00:29:31,200
Speaker 2: new wouldn't work, and yet the only people paying the

615
00:29:31,240 --> 00:29:33,760
Speaker 2: price are the businesses who were told what to do

616
00:29:33,840 --> 00:29:36,440
Speaker 2: by idiots and Brussels. I mean, how does that work?

617
00:29:36,440 --> 00:29:38,280
Speaker 2: And that doesn't end up in court with an argument?

618
00:29:38,560 --> 00:29:42,280
Speaker 2: Paul Goldsmith, Justice minister. Tell you what I was upset

619
00:29:42,320 --> 00:29:44,720
Speaker 2: about yesterday as well, was that I watched the press

620
00:29:44,720 --> 00:29:50,360
Speaker 2: conference Goldsmith, Mitchell and luxon forty nine thousand fewer victims.

621
00:29:50,600 --> 00:29:53,760
Speaker 2: They didn't make that up. That's material, it's real. You

622
00:29:53,880 --> 00:29:56,040
Speaker 2: listen to the press pack around that. It's just like

623
00:29:56,280 --> 00:30:00,400
Speaker 2: talk about a bunch of misery gutses anyway, Paul Goldsmith.

624
00:30:00,320 --> 00:30:05,560
Speaker 3: Next twice credible, compelling. The breakfast show you can't best.

625
00:30:05,680 --> 00:30:09,600
Speaker 1: It's the Mic Hosking Breakfast with Bailey's Real Estate altogether

626
00:30:09,720 --> 00:30:13,480
Speaker 1: better across residential, commercial, and rural news talks had been.

627
00:30:13,320 --> 00:30:15,680
Speaker 2: Well seven past seven, so good news around crime and victims.

628
00:30:15,760 --> 00:30:17,960
Speaker 2: We have forty nine thousand fewer victims of violent crime.

629
00:30:17,960 --> 00:30:19,720
Speaker 2: The number dropped to one hundred and thirty six thousand,

630
00:30:19,720 --> 00:30:22,160
Speaker 2: which is still a lot. Of course. Paul Goldsmith, Minister

631
00:30:22,200 --> 00:30:24,959
Speaker 2: of Justice, is with us. Good morning, Good morning. So

632
00:30:25,040 --> 00:30:27,240
Speaker 2: is it courts, is it cops or is it both?

633
00:30:28,000 --> 00:30:30,400
Speaker 21: Look, it's a combination right across the justice system. I

634
00:30:30,400 --> 00:30:33,080
Speaker 21: think it's about sending a clear message two years ago

635
00:30:33,680 --> 00:30:36,640
Speaker 21: that we weren't in the culture of excuses anymore, that

636
00:30:36,680 --> 00:30:39,040
Speaker 21: people had to be accountable for their actions. And the

637
00:30:39,080 --> 00:30:42,080
Speaker 21: government's focus on the whole justice sector was not reducing

638
00:30:42,080 --> 00:30:45,000
Speaker 21: the prison population by thirty percent like it was under Labor.

639
00:30:45,160 --> 00:30:47,800
Speaker 21: It was about reducing the numbers of victims of crime.

640
00:30:48,240 --> 00:30:50,360
Speaker 21: And we've done a whole series of things, more cops

641
00:30:50,360 --> 00:30:53,680
Speaker 21: on the beats, tougher legislation, clearer messages, and I think

642
00:30:53,680 --> 00:30:55,400
Speaker 21: in combination it seems to be working.

643
00:30:55,680 --> 00:30:58,640
Speaker 2: You can't argue that you've blown past your forecast. Having

644
00:30:58,720 --> 00:31:01,360
Speaker 2: said that, how much of this is hanging fruit and

645
00:31:01,400 --> 00:31:04,240
Speaker 2: the one thirty six from here on in is hard work.

646
00:31:05,000 --> 00:31:06,960
Speaker 21: Yes, it will continue to be hard work. And you know,

647
00:31:07,000 --> 00:31:09,520
Speaker 21: I mean good news is these forty nine thousand families

648
00:31:09,520 --> 00:31:11,959
Speaker 21: that haven't had to go through the trauma of being

649
00:31:12,000 --> 00:31:14,640
Speaker 21: the victims of violent assaults. But there's still too many,

650
00:31:14,680 --> 00:31:16,560
Speaker 21: and that's why we wake up every morning we push

651
00:31:16,720 --> 00:31:19,200
Speaker 21: even harder. I mean, the obvious place to start if

652
00:31:19,200 --> 00:31:21,360
Speaker 21: you're wanting to reduce the number of victims of crime

653
00:31:21,760 --> 00:31:23,840
Speaker 21: is with that very small group of New Zealanders who

654
00:31:23,840 --> 00:31:26,400
Speaker 21: create multiple victims over and over and over again. And

655
00:31:26,440 --> 00:31:28,000
Speaker 21: then you know, frankly, some of them need to be

656
00:31:28,000 --> 00:31:29,760
Speaker 21: locked up for longer to keep off our streets and

657
00:31:29,800 --> 00:31:30,479
Speaker 21: keep our people up.

658
00:31:30,520 --> 00:31:32,480
Speaker 2: Which was my next question. How much of this is

659
00:31:32,520 --> 00:31:35,280
Speaker 2: a direct result of putting a handful of people away,

660
00:31:35,320 --> 00:31:37,240
Speaker 2: therefore the crime rate drops exponentially.

661
00:31:37,320 --> 00:31:41,280
Speaker 21: Well, look, it's hard to know the exact mechanism by

662
00:31:41,320 --> 00:31:43,320
Speaker 21: which this has happened. All we can say is that

663
00:31:43,360 --> 00:31:45,960
Speaker 21: we send a very powerful message two years ago. We've

664
00:31:46,000 --> 00:31:48,400
Speaker 21: been working very hard and it's very pleasing to see

665
00:31:48,640 --> 00:31:49,520
Speaker 21: the trend at the moment.

666
00:31:49,560 --> 00:31:49,680
Speaker 12: Now.

667
00:31:49,680 --> 00:31:51,840
Speaker 21: We don't take anything for granted. Things can bounce around,

668
00:31:51,840 --> 00:31:54,400
Speaker 21: but it's been consistently falling now for eighteen months.

669
00:31:54,560 --> 00:31:56,600
Speaker 2: Gangs and police. There seems to be a fixation in

670
00:31:56,600 --> 00:31:58,600
Speaker 2: the media. I mean, mind you, you did make the promise,

671
00:31:59,080 --> 00:32:01,920
Speaker 2: but gangs and police doesn't matter how many gang members

672
00:32:01,960 --> 00:32:04,720
Speaker 2: there are. If the crime rate from the gangs is

673
00:32:04,760 --> 00:32:05,360
Speaker 2: coming down.

674
00:32:06,360 --> 00:32:08,920
Speaker 21: Well, yes, we want to keep on reducing that. We

675
00:32:08,920 --> 00:32:11,120
Speaker 21: want to reduce the number of people in gangs. Gangs

676
00:32:11,120 --> 00:32:14,320
Speaker 21: are again a tiny section of society, are responsible for

677
00:32:14,400 --> 00:32:17,960
Speaker 21: a very significant section of the crime. So we're fighting

678
00:32:18,360 --> 00:32:20,720
Speaker 21: gangs on every front. The good news is that the

679
00:32:21,120 --> 00:32:23,280
Speaker 21: gang patch ban has worked well in terms of public

680
00:32:23,640 --> 00:32:27,960
Speaker 21: sense of intimidation. I've down Napier yesterday. Actually remarkable how

681
00:32:29,160 --> 00:32:32,120
Speaker 21: the visibility and intimidation of gangs in the Hawks Bay,

682
00:32:32,160 --> 00:32:35,840
Speaker 21: for example, has disappeared over the last couple of years. Now,

683
00:32:36,080 --> 00:32:38,480
Speaker 21: we've still got to deal with the hardcore gang members.

684
00:32:38,520 --> 00:32:40,800
Speaker 21: A lot of work to do, but you know, at

685
00:32:40,840 --> 00:32:43,320
Speaker 21: least we're making progress the move on orders.

686
00:32:43,480 --> 00:32:46,520
Speaker 2: Have you been surprised at the pushback, No, not at all.

687
00:32:47,240 --> 00:32:51,600
Speaker 21: I mean there's in New Zealand. As a warm hearted people,

688
00:32:51,880 --> 00:32:53,800
Speaker 21: we want to help people in need. And the simple

689
00:32:53,800 --> 00:32:55,800
Speaker 21: way I'd explain is we've got lots of tools to

690
00:32:55,840 --> 00:32:58,400
Speaker 21: help people who are in desperate need where they've got

691
00:32:58,400 --> 00:33:00,720
Speaker 21: one of the most wealth generous wealthare states in the world.

692
00:33:00,840 --> 00:33:04,320
Speaker 21: We give we've got lots of accommodation things available, but

693
00:33:04,400 --> 00:33:07,400
Speaker 21: we were short on tools to deal with people who

694
00:33:07,520 --> 00:33:11,520
Speaker 21: don't take that and very antisocial in their attitudes and

695
00:33:11,560 --> 00:33:13,920
Speaker 21: make it a blighting our cities, and we want to

696
00:33:13,960 --> 00:33:16,480
Speaker 21: have places where people really feel welcome or want to

697
00:33:16,480 --> 00:33:16,960
Speaker 21: come in and live.

698
00:33:17,080 --> 00:33:19,080
Speaker 2: One hundred percent convinced if you had to poll the

699
00:33:19,080 --> 00:33:21,400
Speaker 2: publics on your side on this, and this is just

700
00:33:21,440 --> 00:33:24,400
Speaker 2: the group of people who you would have thought would complain.

701
00:33:24,680 --> 00:33:25,680
Speaker 2: Do you get that sense?

702
00:33:26,360 --> 00:33:28,200
Speaker 21: Yes, But you know we're going to work hard to

703
00:33:28,640 --> 00:33:30,440
Speaker 21: explain to New Zealand it is exactly what we're doing

704
00:33:30,680 --> 00:33:32,520
Speaker 21: in the context of it, which is a context of

705
00:33:32,720 --> 00:33:33,480
Speaker 21: huge amount.

706
00:33:33,240 --> 00:33:34,160
Speaker 2: Of support available.

707
00:33:34,200 --> 00:33:36,400
Speaker 21: But we've also got to send a clear message that

708
00:33:36,480 --> 00:33:39,000
Speaker 21: it's not actually your right to live on Queen Street,

709
00:33:39,520 --> 00:33:41,920
Speaker 21: and it is actually the right of people who come

710
00:33:41,960 --> 00:33:44,520
Speaker 21: and go, who live here and work here to feel

711
00:33:44,520 --> 00:33:45,080
Speaker 21: safe in than the.

712
00:33:45,080 --> 00:33:47,920
Speaker 2: Varang and that press conference yesterday that I watched, you

713
00:33:47,960 --> 00:33:50,120
Speaker 2: were there for it if it was like you had

714
00:33:50,120 --> 00:33:54,560
Speaker 2: covered the media and excrement and insulted them, And how

715
00:33:54,600 --> 00:33:56,760
Speaker 2: big of a battle are you facing with the media

716
00:33:56,760 --> 00:34:00,800
Speaker 2: in this country when you present forty nine thousand victims.

717
00:34:01,160 --> 00:34:04,000
Speaker 2: That's a fact. You didn't make it up, it's not spin,

718
00:34:04,400 --> 00:34:06,440
Speaker 2: it's a fact. And yet to listen to them, you'd

719
00:34:06,440 --> 00:34:07,360
Speaker 2: think you'd shot them.

720
00:34:08,239 --> 00:34:12,840
Speaker 21: Well, yes, I mean a politician complaining about the media

721
00:34:12,920 --> 00:34:14,719
Speaker 21: is like a farmer complaining about the weather. It is

722
00:34:14,760 --> 00:34:16,359
Speaker 21: what it is, and we've got to find a way

723
00:34:16,360 --> 00:34:18,640
Speaker 21: to get our message across and that's what we can do.

724
00:34:19,040 --> 00:34:20,920
Speaker 2: Nice to see you have a good weekend, Justice Minister

725
00:34:20,960 --> 00:34:23,040
Speaker 2: Paul Goldsmith. It is eleven past seven.

726
00:34:23,360 --> 00:34:29,080
Speaker 1: Posking the Mike asking Breakfast Full show podcast on iHeartRadio

727
00:34:29,280 --> 00:34:30,360
Speaker 1: powered by News Talks.

728
00:34:30,360 --> 00:34:33,640
Speaker 2: Ad be my positive direction for crime stats. One news

729
00:34:33,719 --> 00:34:36,360
Speaker 2: response to Balanced report noting more gang members than police

730
00:34:36,360 --> 00:34:39,680
Speaker 2: that the government will pour on crime balance journalism. Might that?

731
00:34:39,800 --> 00:34:41,440
Speaker 2: Thank you, Marke. Let me come back to that in

732
00:34:41,520 --> 00:34:43,200
Speaker 2: just a couple of moments, because I'm not the only

733
00:34:43,280 --> 00:34:45,560
Speaker 2: one that was upset about that. Now, Electric Avenue, Christy,

734
00:34:45,560 --> 00:34:46,200
Speaker 2: it's this weekend.

735
00:34:46,239 --> 00:34:46,560
Speaker 10: Of course.

736
00:34:47,000 --> 00:34:50,279
Speaker 2: Interesting part of the story is how is it that

737
00:34:50,360 --> 00:34:52,680
Speaker 2: it's not only on but growing in a world where

738
00:34:52,760 --> 00:34:54,759
Speaker 2: music festivals are in deep trouble, if not vanishing. We

739
00:34:54,840 --> 00:34:56,719
Speaker 2: got forty five thousand tickets sold for each to day,

740
00:34:56,800 --> 00:34:59,520
Speaker 2: thirteen percent increase on last year. They went in just

741
00:34:59,560 --> 00:35:01,760
Speaker 2: twenty minut By the way, Kellum Mitchell is the Electric

742
00:35:01,800 --> 00:35:04,359
Speaker 2: Avenue director and as well as Kellum, Morning to.

743
00:35:04,360 --> 00:35:06,960
Speaker 22: You, good morning, Mike, How things good?

744
00:35:07,000 --> 00:35:09,960
Speaker 2: Thank you? What's the secret source going? You'd be well

745
00:35:09,960 --> 00:35:12,520
Speaker 2: acquainted with what's happening festivals all over the world. Why

746
00:35:12,560 --> 00:35:13,920
Speaker 2: are you winning in others aren't?

747
00:35:15,320 --> 00:35:18,839
Speaker 22: I think it's a multitude of factors. You know, over

748
00:35:18,840 --> 00:35:21,359
Speaker 22: the last twelve years or so, we've just doubled down

749
00:35:21,520 --> 00:35:23,799
Speaker 22: every year and tried to keep it, reinvesting into the

750
00:35:23,800 --> 00:35:25,720
Speaker 22: festival to keep it growing.

751
00:35:27,480 --> 00:35:27,680
Speaker 12: You know.

752
00:35:27,880 --> 00:35:29,560
Speaker 22: I think there's also the venue.

753
00:35:29,280 --> 00:35:29,719
Speaker 12: That we've got.

754
00:35:29,760 --> 00:35:32,880
Speaker 22: It's really accessible, so you know a lot of festivals

755
00:35:32,880 --> 00:35:36,520
Speaker 22: involve a long drive camping and you know, after a

756
00:35:36,560 --> 00:35:39,799
Speaker 22: certain age that's for everyone. So you know, being in

757
00:35:39,880 --> 00:35:42,680
Speaker 22: central city christ Church Hegley Park, you know it's only

758
00:35:43,239 --> 00:35:45,320
Speaker 22: a ten minute walk from most hotels in the area.

759
00:35:45,480 --> 00:35:47,920
Speaker 2: What's the logistics on that? Because an open space? The

760
00:35:47,960 --> 00:35:49,840
Speaker 2: only reason I ask of been fascinators through the domain

761
00:35:49,920 --> 00:35:52,360
Speaker 2: yesterday Good Charlotte's in Auckland tonight in the domain and

762
00:35:52,400 --> 00:35:55,040
Speaker 2: they got fencing and security because you know, I mean,

763
00:35:55,160 --> 00:35:57,080
Speaker 2: obviously you just don't want people wandering.

764
00:35:56,719 --> 00:35:59,080
Speaker 12: In no hell no, no.

765
00:35:59,200 --> 00:36:01,440
Speaker 22: We've got about seven eight kilometers of fencing and we

766
00:36:01,520 --> 00:36:04,319
Speaker 22: double fence it to prevent the odd fence jumple which

767
00:36:04,360 --> 00:36:07,040
Speaker 22: we're expecting a few of today with a sold out show.

768
00:36:08,640 --> 00:36:10,759
Speaker 22: You know, there's about seven or eight kilometers of fencing here.

769
00:36:10,800 --> 00:36:12,360
Speaker 22: I mean the whole site is about one hundred and

770
00:36:12,400 --> 00:36:16,799
Speaker 22: eighty thousand square meters, so it's not small. You know,

771
00:36:16,880 --> 00:36:21,440
Speaker 22: the logistics of the event being in christ Church. You

772
00:36:21,440 --> 00:36:23,359
Speaker 22: know a lot of the equipment has to travel down

773
00:36:23,360 --> 00:36:26,360
Speaker 22: from Auckland, so there's probably twenty to thirty truckloads of

774
00:36:26,400 --> 00:36:30,440
Speaker 22: gear from staging, to sound, to light and to led screens.

775
00:36:30,520 --> 00:36:31,920
Speaker 22: So it's a big undertaking.

776
00:36:32,480 --> 00:36:35,480
Speaker 2: The lineup itself. How critical is that or is it

777
00:36:35,600 --> 00:36:36,960
Speaker 2: just the vibe you're buying?

778
00:36:38,080 --> 00:36:39,759
Speaker 22: I think both, you know, I think a lot of

779
00:36:39,840 --> 00:36:42,960
Speaker 22: tickets would sell regardless of the lineup. You know a

780
00:36:43,000 --> 00:36:44,600
Speaker 22: lot of people have been coming to the festival for

781
00:36:44,680 --> 00:36:48,520
Speaker 22: years and they love the experience. But obviously lineup is critical.

782
00:36:48,600 --> 00:36:51,360
Speaker 22: I mean forty percent or so of our budget is

783
00:36:51,400 --> 00:36:53,719
Speaker 22: spent on lineup. You know, talent gets the punted through

784
00:36:53,760 --> 00:36:54,040
Speaker 22: the door.

785
00:36:54,239 --> 00:36:56,440
Speaker 2: Yeah, well go the numbers. By the way, just to

786
00:36:56,480 --> 00:36:58,680
Speaker 2: Confirms is twenty million to produce, but it adds ten

787
00:36:58,719 --> 00:37:01,880
Speaker 2: million to the economy. I'm taking the ten million is net.

788
00:37:02,520 --> 00:37:04,440
Speaker 2: In other words, it's not losing money or am I

789
00:37:04,640 --> 00:37:05,239
Speaker 2: incorrect in.

790
00:37:05,200 --> 00:37:10,400
Speaker 22: That that's ned without sort of fully understanding the methodology

791
00:37:10,440 --> 00:37:13,600
Speaker 22: and how they come up with these figures primarily based

792
00:37:13,600 --> 00:37:15,880
Speaker 22: around us. It a spin. So we know about forty

793
00:37:16,239 --> 00:37:18,680
Speaker 22: five percent of our audience travel from outside of christ

794
00:37:18,760 --> 00:37:21,000
Speaker 22: Church and most of them are staying in some form

795
00:37:21,000 --> 00:37:24,560
Speaker 22: of paid accommodation. So you know, it's bas been the

796
00:37:24,640 --> 00:37:27,719
Speaker 22: t retail at hotels, it's all of those things. When

797
00:37:27,760 --> 00:37:29,439
Speaker 22: people are in the city, it's good times.

798
00:37:29,600 --> 00:37:32,719
Speaker 2: Enjoy Callum Mitchell who's the Electric Avenue Festival director and

799
00:37:32,760 --> 00:37:35,800
Speaker 2: good on him seventeen minutes past seven asking Mark Mitchell

800
00:37:35,840 --> 00:37:38,879
Speaker 2: was upset yesterday come to the press conference. I'm being

801
00:37:38,880 --> 00:37:41,600
Speaker 2: a loser. I watched the whole thing live of course. Anyway, absolutely,

802
00:37:41,600 --> 00:37:45,840
Speaker 2: there's Mitchell on his social media. Absolutely unbelievable that on

803
00:37:45,880 --> 00:37:48,640
Speaker 2: a day the government announces forty nine thousand fewer victims

804
00:37:48,640 --> 00:37:51,799
Speaker 2: of violence crime, a twenty two percent decrease in serious

805
00:37:52,040 --> 00:37:55,120
Speaker 2: repeat youth offending. One News chose instead to engage in

806
00:37:55,200 --> 00:37:57,840
Speaker 2: unbalanced journalism by running a story about gang membership with

807
00:37:57,920 --> 00:38:00,319
Speaker 2: none of the context around the outstanding workout police doing

808
00:38:00,320 --> 00:38:02,279
Speaker 2: and cracking down on gangs in New Zealand. All of

809
00:38:02,360 --> 00:38:06,839
Speaker 2: which is true, and it's becoming overt in election year.

810
00:38:06,880 --> 00:38:08,840
Speaker 2: It's not just every now and again. He game, geez,

811
00:38:08,840 --> 00:38:10,839
Speaker 2: that was a bit unbalanced. Jesus, I wonder what sort

812
00:38:10,840 --> 00:38:14,680
Speaker 2: of agenda they're running. It's daily and it's overt, and

813
00:38:15,280 --> 00:38:17,960
Speaker 2: it's important. I keep saying this, and I don't know

814
00:38:17,960 --> 00:38:20,360
Speaker 2: whether anyone listens to it, but it's important to watch

815
00:38:20,400 --> 00:38:24,279
Speaker 2: these things live when they happen, because what you get

816
00:38:24,320 --> 00:38:27,480
Speaker 2: on the news is but a fraction and a tiny

817
00:38:27,560 --> 00:38:32,320
Speaker 2: one of what actually unfolded the press conference. Slight change

818
00:38:32,360 --> 00:38:35,680
Speaker 2: of subject at said press conference. Three people there, Goldsmith,

819
00:38:35,880 --> 00:38:40,200
Speaker 2: Mitchell and Luxen. If you can be bothered, track down

820
00:38:40,840 --> 00:38:44,440
Speaker 2: what happened yesterday, because this is where Luckson's got a

821
00:38:44,480 --> 00:38:47,640
Speaker 2: spot of bother in terms of reputation. So of the

822
00:38:47,680 --> 00:38:49,680
Speaker 2: three of them, and I know Goldsmith still in the building,

823
00:38:49,719 --> 00:38:51,839
Speaker 2: you hate me for saying it. He's the weakest communicator

824
00:38:51,880 --> 00:38:54,360
Speaker 2: of the lot. He's got that stumbling, bumbling sort of

825
00:38:54,360 --> 00:38:57,799
Speaker 2: thing about him that you know, you listen, he's got

826
00:38:57,800 --> 00:39:01,880
Speaker 2: that going on. Luxeon was good yesterday in terms of

827
00:39:01,920 --> 00:39:05,319
Speaker 2: messaging and attacking labor and putting the numbers out there.

828
00:39:05,440 --> 00:39:09,800
Speaker 2: You wouldn't fold him you wouldn't go he's useless, He's okay,

829
00:39:09,920 --> 00:39:15,000
Speaker 2: he's fine upstairs Mitchell and owns the space in a

830
00:39:15,000 --> 00:39:16,640
Speaker 2: way that you look at him and go, I'll tell

831
00:39:16,680 --> 00:39:18,680
Speaker 2: you what, if that guy was running the country, it

832
00:39:18,719 --> 00:39:22,439
Speaker 2: would be a whole different story. He reeks of credibility.

833
00:39:22,920 --> 00:39:25,080
Speaker 2: Now it may just be he reaks of credibility in

834
00:39:25,120 --> 00:39:28,280
Speaker 2: the singular area of his expertise because he's an ex cop.

835
00:39:28,600 --> 00:39:31,000
Speaker 2: He's all over the police, he's all over justice. This

836
00:39:31,080 --> 00:39:33,440
Speaker 2: is his specialty and Luxein's got to spread himself a

837
00:39:33,480 --> 00:39:37,200
Speaker 2: lot more thinly. But look at the contrast in what

838
00:39:37,280 --> 00:39:40,640
Speaker 2: Mitchell says, and it's almost when Mitchell spoke, the press

839
00:39:40,640 --> 00:39:45,280
Speaker 2: gallery shut up because they knew they couldn't battle them,

840
00:39:45,520 --> 00:39:47,400
Speaker 2: whereas on lux And they see him as a I

841
00:39:47,440 --> 00:39:50,160
Speaker 2: suspect a slightly weaker link. But if you're into that

842
00:39:50,200 --> 00:39:51,879
Speaker 2: sort of thing, it's well worth looking up. And that's

843
00:39:51,920 --> 00:39:57,320
Speaker 2: before I get to Mike. Have you got any comments

844
00:39:57,320 --> 00:40:02,160
Speaker 2: about Adern and the family settling in Sydney. Mike, please

845
00:40:02,200 --> 00:40:04,919
Speaker 2: spend this morning breaking down the embarrassment of Jacinda moving

846
00:40:04,960 --> 00:40:10,480
Speaker 2: to Australia. Honestly, Between the Herald and Stuff and Radio

847
00:40:10,520 --> 00:40:14,480
Speaker 2: New Zealand yesterday. What is the matter with you? A

848
00:40:14,520 --> 00:40:18,000
Speaker 2: person moving house is not news. The world is probably

849
00:40:18,480 --> 00:40:21,000
Speaker 2: one of the most fascinating places it's been in years

850
00:40:21,040 --> 00:40:24,000
Speaker 2: of not decades, and the fascination with the next Prime

851
00:40:24,000 --> 00:40:26,680
Speaker 2: minister moving house. If she's moved house. I don't even

852
00:40:26,719 --> 00:40:29,040
Speaker 2: know that she has moved house. The basis of the

853
00:40:29,080 --> 00:40:32,400
Speaker 2: story came from some small town mayor who saw and

854
00:40:32,440 --> 00:40:35,839
Speaker 2: went up and went get a Jacinda. I think you're marvelous.

855
00:40:37,120 --> 00:40:38,160
Speaker 2: I mean, what are you going to do with the

856
00:40:38,160 --> 00:40:39,760
Speaker 2: follow up? You're going to tell us when she buys

857
00:40:39,760 --> 00:40:42,480
Speaker 2: a new couch what calorah curtains are? How long does

858
00:40:42,520 --> 00:40:43,680
Speaker 2: this go for? It's pathetic?

859
00:40:44,040 --> 00:40:50,720
Speaker 1: Seven The Mike Asking Breakfast Full Show podcast on iHeartRadio

860
00:40:51,040 --> 00:40:52,200
Speaker 1: powered by News Talks.

861
00:40:52,239 --> 00:40:52,520
Speaker 10: I'd be.

862
00:40:54,360 --> 00:40:54,560
Speaker 12: Now.

863
00:40:54,560 --> 00:40:57,000
Speaker 2: Peter runs a business in Auckland, right mild hearing loss,

864
00:40:57,000 --> 00:40:59,440
Speaker 2: nothing dramatic, but he noticed something wasn't quite right, so

865
00:40:59,480 --> 00:41:01,480
Speaker 2: in the meetings he'd lose focus. He'd drift off a bit,

866
00:41:01,520 --> 00:41:03,440
Speaker 2: assume that people were just being you know, long winded

867
00:41:03,480 --> 00:41:06,400
Speaker 2: and boring. But the reality was much simpler than that.

868
00:41:06,440 --> 00:41:09,160
Speaker 2: Even mild hearing loss forces your brain to work harder

869
00:41:09,200 --> 00:41:11,239
Speaker 2: to keep up. You're filling in the gaps and you're

870
00:41:11,239 --> 00:41:13,400
Speaker 2: not even realizing you're doing that. That effort shows up

871
00:41:13,400 --> 00:41:16,560
Speaker 2: as fatigue right, loss of concentration, feeling switched off by

872
00:41:16,600 --> 00:41:18,600
Speaker 2: the end of the day. So Peter decided to do

873
00:41:18,640 --> 00:41:20,319
Speaker 2: something about it and good on and he tried hearing

874
00:41:20,400 --> 00:41:23,360
Speaker 2: aids through Resonate. So what surprised him wasn't just that

875
00:41:23,400 --> 00:41:25,200
Speaker 2: he could hear more clearly. It was just how much

876
00:41:25,239 --> 00:41:28,320
Speaker 2: more focused and energized he felt, more engaged in meetings,

877
00:41:28,520 --> 00:41:30,440
Speaker 2: less drained at the end of the day. He admitted

878
00:41:30,480 --> 00:41:33,759
Speaker 2: he worried briefly what people would think, but then it

879
00:41:33,760 --> 00:41:36,399
Speaker 2: became normals. Like wearing glasses, No one cares, and for him,

880
00:41:36,440 --> 00:41:38,680
Speaker 2: the ninety dollars a month subscription made it super simple

881
00:41:38,719 --> 00:41:41,200
Speaker 2: and affordable way to stay sharp and stay present. So

882
00:41:41,280 --> 00:41:42,920
Speaker 2: have you've been putting it down to, you know, just

883
00:41:42,960 --> 00:41:45,680
Speaker 2: getting older or just getting tired? Might be worth checking

884
00:41:45,760 --> 00:41:50,040
Speaker 2: your hearing properly? Oh eight hundred seven three seven six six'

885
00:41:50,160 --> 00:41:55,160
Speaker 2: two or resonatehealth dot co dot nz skiing twenty four

886
00:41:55,160 --> 00:41:56,719
Speaker 2: time now to mark the week little piece of news

887
00:41:56,719 --> 00:41:58,400
Speaker 2: and current events that were sold out through most Of

888
00:41:58,480 --> 00:42:01,000
Speaker 2: january actually but is now back in Stopf New. Zealand.

889
00:42:01,040 --> 00:42:03,239
Speaker 2: Eight it really has been quite the, week hasn't. It

890
00:42:03,239 --> 00:42:05,680
Speaker 2: from the deiry to the. Spending the, turnaround without question is.

891
00:42:05,719 --> 00:42:08,560
Speaker 2: Real the confidences up the role could be close to

892
00:42:08,600 --> 00:42:11,799
Speaker 2: being On kiwi For it. Nine now the forecast and

893
00:42:11,880 --> 00:42:13,879
Speaker 2: plan release this week is a good example of how

894
00:42:13,920 --> 00:42:15,919
Speaker 2: you think big when you're bullish and feeling good about.

895
00:42:15,920 --> 00:42:21,799
Speaker 2: Yourself Mitch barnett. Four obviously we wish them, well but

896
00:42:21,800 --> 00:42:24,600
Speaker 2: but the geography of the warriors cannot be escaped and

897
00:42:24,680 --> 00:42:27,560
Speaker 2: we get a. Swap so that's something and more importantly

898
00:42:29,719 --> 00:42:34,880
Speaker 2: correct the moon. Three is it weird or is it just?

899
00:42:34,960 --> 00:42:37,480
Speaker 2: Me how is it so hard in twenty twenty six

900
00:42:37,560 --> 00:42:39,360
Speaker 2: to do something they did a lifetime ago with not

901
00:42:39,440 --> 00:42:42,840
Speaker 2: quite the same. Resources razors, seven Bar bars at a

902
00:42:42,880 --> 00:42:45,040
Speaker 2: start got the job this, week increasingly get the sense

903
00:42:45,040 --> 00:42:47,280
Speaker 2: of the union don't actually know what they're. Doing cash.

904
00:42:47,440 --> 00:42:50,720
Speaker 2: Seven the banks are rightly or wrongly out of step

905
00:42:50,760 --> 00:42:52,600
Speaker 2: on this. One we like, cash may not use it

906
00:42:52,600 --> 00:42:55,440
Speaker 2: all that, often but enough Do Reserve bank, One retail

907
00:42:55,440 --> 00:42:59,799
Speaker 2: banks Nil wellington. SIX i, Mean god Bless Andrew. Little

908
00:42:59,840 --> 00:43:01,920
Speaker 2: you would never have Seen tory do, that would? You

909
00:43:01,960 --> 00:43:03,920
Speaker 2: but he came out with kelp on, us he'd you notice,

910
00:43:03,920 --> 00:43:06,839
Speaker 2: that and he was looking, hypothermic reminding us that even

911
00:43:06,880 --> 00:43:08,480
Speaker 2: on the best, day with the water as clear As Bora,

912
00:43:08,560 --> 00:43:11,840
Speaker 2: bora you don't swim In wellington In New. Zealand. Three

913
00:43:12,120 --> 00:43:14,640
Speaker 2: you know what in an industry a wash lift, profit

914
00:43:15,239 --> 00:43:18,160
Speaker 2: they still can't find. One stay at the. Union, Seven

915
00:43:18,440 --> 00:43:22,400
Speaker 2: please people. Increase i'm telling you it was actually not

916
00:43:22,440 --> 00:43:24,719
Speaker 2: a bad, show a picture Of america in all its

917
00:43:24,760 --> 00:43:28,120
Speaker 2: greatness and, madness and about the length of a. Movie

918
00:43:28,239 --> 00:43:30,719
Speaker 2: speaking of Which tariff's eight a win for the free

919
00:43:30,760 --> 00:43:33,560
Speaker 2: traders like us and a ten percent a material when at,

920
00:43:33,600 --> 00:43:36,799
Speaker 2: that remembering we were, fifteen the war two has the

921
00:43:36,840 --> 00:43:39,640
Speaker 2: world's other competing worries, stolen the impetus required to do

922
00:43:39,680 --> 00:43:43,680
Speaker 2: more than you, know just talk and stand. Together. Homelessness,

923
00:43:43,719 --> 00:43:46,879
Speaker 2: six it's down given what label will tell. You it's

924
00:43:46,960 --> 00:43:50,400
Speaker 2: why facts. Count g And carlo, six.

925
00:43:51,640 --> 00:43:51,840
Speaker 12: You know.

926
00:43:51,920 --> 00:43:55,520
Speaker 2: What there's honor in being, accountable but that goalie is

927
00:43:55,560 --> 00:43:59,200
Speaker 2: not the coach's. Fault there is honor also in being collectively,

928
00:43:59,239 --> 00:44:01,520
Speaker 2: responsible and that is the week copies on the, website

929
00:44:01,560 --> 00:44:03,759
Speaker 2: and given the Met gala theme as fashion as, art

930
00:44:04,160 --> 00:44:06,160
Speaker 2: it's only a matter of who turns up wearing marking

931
00:44:06,160 --> 00:44:08,120
Speaker 2: the week and how they accessorize.

932
00:44:08,160 --> 00:44:08,239
Speaker 23: It.

933
00:44:08,600 --> 00:44:11,000
Speaker 2: Lasky if you want some rent, numbers why? Not it's Fun,

934
00:44:11,080 --> 00:44:16,200
Speaker 2: Friday January. January what happened In? JANUARY a flat six

935
00:44:16,320 --> 00:44:18,120
Speaker 2: hundred and twenty is your second month in a row

936
00:44:18,120 --> 00:44:20,120
Speaker 2: six hundred and. Twenty that's your average around the. Country

937
00:44:20,120 --> 00:44:22,640
Speaker 2: everyone's Down Barrow, targo which is up three point. Three

938
00:44:22,680 --> 00:44:25,439
Speaker 2: that'll be the students two point. One In southland that'll

939
00:44:25,440 --> 00:44:30,040
Speaker 2: be the students who traveled Ah as just. Jokes northland's

940
00:44:30,080 --> 00:44:32,320
Speaker 2: up zero point, eight but the rest of the country

941
00:44:32,360 --> 00:44:34,560
Speaker 2: is down. Materially auklands down a percentage in a half

942
00:44:34,640 --> 00:44:37,080
Speaker 2: bay of twenty three point, Seven Hawks bay three point,

943
00:44:37,120 --> 00:44:41,480
Speaker 2: one seven point four In. Wellington that's got noise around.

944
00:44:41,480 --> 00:44:45,719
Speaker 2: It that'll correct or. Not last person out turn out the.

945
00:44:45,800 --> 00:44:49,440
Speaker 2: Lights marlbor two point, Six taranaki five point. Six he

946
00:44:49,520 --> 00:44:51,640
Speaker 2: said it was his dream. Job last TIME i talked to,

947
00:44:51,719 --> 00:44:53,839
Speaker 2: Him Nold, nickel he, said this is my dream job

948
00:44:53,920 --> 00:44:56,160
Speaker 2: running In New zealand and this is not his fault

949
00:44:56,160 --> 00:44:58,080
Speaker 2: the result obviously he's only been there three and a half.

950
00:44:58,080 --> 00:45:01,080
Speaker 2: Minutes big question, though what's he going to?

951
00:45:01,160 --> 00:45:06,080
Speaker 3: Do no, fluff just facts and fierce.

952
00:45:06,160 --> 00:45:10,760
Speaker 1: Debate The Mike Hosking breakfast With, Vita Retirement, Communities Life

953
00:45:10,960 --> 00:45:12,480
Speaker 1: Your Way news Togs head be.

954
00:45:13,800 --> 00:45:15,960
Speaker 2: Three to eight in a week where most public companies

955
00:45:16,000 --> 00:45:18,640
Speaker 2: reported good news In New, zealand was he clearing, exception of,

956
00:45:18,680 --> 00:45:21,160
Speaker 2: Course National carriers losing money forty million for the six

957
00:45:21,160 --> 00:45:24,200
Speaker 2: months To, december worse than. Expected it's the usual. Story

958
00:45:24,280 --> 00:45:27,640
Speaker 2: engines ground the planes and increase. Costs Nicol ravishanka is

959
00:45:27,680 --> 00:45:29,960
Speaker 2: THE ceo and is back with. Us good, morning good.

960
00:45:29,960 --> 00:45:32,759
Speaker 2: Morning so let me ask you. This if you had

961
00:45:32,760 --> 00:45:34,919
Speaker 2: all your engines and all your, planes how different would

962
00:45:34,960 --> 00:45:35,400
Speaker 2: the number be.

963
00:45:36,000 --> 00:45:39,959
Speaker 24: For the first? Half, Mate it'd be a ninety million.

964
00:45:41,280 --> 00:45:43,640
Speaker 10: Better. Result but you see.

965
00:45:43,400 --> 00:45:45,240
Speaker 2: That would barely be making money, though wouldn't.

966
00:45:45,239 --> 00:45:50,600
Speaker 24: It, yes the three factors driving the result for, us

967
00:45:50,840 --> 00:45:55,279
Speaker 24: one of them is our engine. Issues the two other

968
00:45:56,320 --> 00:45:58,680
Speaker 24: drivers of performance for us as being the fact that

969
00:46:00,880 --> 00:46:06,800
Speaker 24: we're seeing slower than expected, demand particularly here, domestically and cost.

970
00:46:06,840 --> 00:46:10,799
Speaker 24: Inflation and some of that cost inflation is related to the.

971
00:46:10,800 --> 00:46:16,600
Speaker 24: Engines it's just there's inherent inefficiency and as you, know

972
00:46:16,760 --> 00:46:21,200
Speaker 24: for the last six years we've we've built a business

973
00:46:21,239 --> 00:46:25,239
Speaker 24: around you, know focused around rebuilding out OF covid and

974
00:46:25,280 --> 00:46:29,240
Speaker 24: then dealing with these engine, issues but there are also

975
00:46:29,320 --> 00:46:32,799
Speaker 24: other cost inflationary issues that we're dealing, with particularly in

976
00:46:32,920 --> 00:46:43,040
Speaker 24: terms of engine aircraft spare parts and, levees fees and landing.

977
00:46:43,120 --> 00:46:46,680
Speaker 2: Charges now read domestic. Demand can you break that? Down

978
00:46:46,800 --> 00:46:49,200
Speaker 2: is that truly DOMESTIC i. E me And New zealand

979
00:46:49,200 --> 00:46:51,799
Speaker 2: are buying a ticket or are these tourists coming into

980
00:46:51,840 --> 00:46:54,560
Speaker 2: the country and buying? Tickets because of course tourism is.

981
00:46:54,560 --> 00:47:00,040
Speaker 24: Booming tourism is, booming and yes we can track. That

982
00:47:00,480 --> 00:47:03,800
Speaker 24: tourism inbound out of THE us particularly has been, strong

983
00:47:05,040 --> 00:47:07,080
Speaker 24: and tourism out Of asia has been strong. Too in,

984
00:47:07,080 --> 00:47:10,239
Speaker 24: fact we're very pleased with the fact, that you, know

985
00:47:10,400 --> 00:47:14,840
Speaker 24: government have set policy that sees us looking to grow that,

986
00:47:14,960 --> 00:47:18,640
Speaker 24: sector and particularly as we start to get some of

987
00:47:18,680 --> 00:47:21,600
Speaker 24: our aircraft back and some of those new aircraft aircraft

988
00:47:21,680 --> 00:47:24,759
Speaker 24: being delivered to, us we can't wait to start to

989
00:47:24,760 --> 00:47:27,680
Speaker 24: put our mind to growth something we haven't had the

990
00:47:27,760 --> 00:47:30,320
Speaker 24: luxury of doing for the last six, years.

991
00:47:30,080 --> 00:47:33,279
Speaker 2: That lack of domestic. DEMAND i, mean we've, got you,

992
00:47:33,280 --> 00:47:36,399
Speaker 2: know a material turnaround in the economy that will flow

993
00:47:36,440 --> 00:47:37,880
Speaker 2: through to domestic air tickets or.

994
00:47:37,880 --> 00:47:40,560
Speaker 24: Not, yeah that's the expectation.

995
00:47:41,320 --> 00:47:44,040
Speaker 2: Significantly but, look Because i'm trying to add up the

996
00:47:44,120 --> 00:47:46,040
Speaker 2: numbers here and they don't seem to make any. Sense

997
00:47:46,040 --> 00:47:48,920
Speaker 2: if you add the ninety from the engine problems and

998
00:47:48,960 --> 00:47:51,000
Speaker 2: you get some more planes and the economy comes, right

999
00:47:51,040 --> 00:47:54,239
Speaker 2: you still don't seem to be making the sort of

1000
00:47:54,280 --> 00:47:57,480
Speaker 2: money other realigns are because travel is booming and In

1001
00:47:57,600 --> 00:47:58,839
Speaker 2: New zealand is not booming with.

1002
00:47:58,880 --> 00:48:03,359
Speaker 24: It, YES i, mean domestic is half our, Business, mike

1003
00:48:03,560 --> 00:48:08,440
Speaker 24: so it would have a significant. Impact but, also AS i,

1004
00:48:08,480 --> 00:48:10,760
Speaker 24: said you, know we've got a business that's been built

1005
00:48:11,200 --> 00:48:15,560
Speaker 24: to deal with the POST covid rebuild and dealing.

1006
00:48:15,239 --> 00:48:15,880
Speaker 12: With these engine.

1007
00:48:15,880 --> 00:48:19,080
Speaker 24: Issues that's why in my first week in the, Job

1008
00:48:19,719 --> 00:48:22,000
Speaker 24: i've been in the hot seat now for four, Months

1009
00:48:23,000 --> 00:48:27,560
Speaker 24: i've initiated a business wide, review and that review is

1010
00:48:27,600 --> 00:48:31,320
Speaker 24: focused on ensuring that we do we set the business

1011
00:48:31,400 --> 00:48:35,400
Speaker 24: and get it focused on operating in much more of

1012
00:48:35,440 --> 00:48:38,640
Speaker 24: a normalized. Environment and that's what we're focused.

1013
00:48:38,320 --> 00:48:41,640
Speaker 2: On doing this. Review what specifically are you expecting to

1014
00:48:41,680 --> 00:48:44,000
Speaker 2: come out of? It Given i'm assuming all the troubles

1015
00:48:44,040 --> 00:48:45,920
Speaker 2: your company has gone through in the last couple of,

1016
00:48:46,000 --> 00:48:47,520
Speaker 2: years you've already had a bunch of reviews and you

1017
00:48:47,560 --> 00:48:49,880
Speaker 2: should already be sharpened up from those.

1018
00:48:50,040 --> 00:48:58,400
Speaker 24: Reviews it's a business that's been built, around, basically you,

1019
00:48:58,440 --> 00:49:01,520
Speaker 24: know dealing with some of the engine issues that we've been. Having,

1020
00:49:01,680 --> 00:49:07,359
Speaker 24: Right one fairly simple way i'd, like you, KNOW i

1021
00:49:07,440 --> 00:49:10,040
Speaker 24: characterize it WHEN i speak to my teams is, that

1022
00:49:10,840 --> 00:49:13,560
Speaker 24: for very good, reasons we've had to plan not to.

1023
00:49:13,600 --> 00:49:16,560
Speaker 24: Lose now we've got to build a business that's playing to,

1024
00:49:16,600 --> 00:49:23,400
Speaker 24: win and that is a a refactoring of the business

1025
00:49:23,880 --> 00:49:25,359
Speaker 24: and setting it up for the next.

1026
00:49:25,360 --> 00:49:27,719
Speaker 2: Phase the other problem we haven't talked about lack of.

1027
00:49:27,760 --> 00:49:30,920
Speaker 2: Planes are the planes? Coming how many and how confident

1028
00:49:30,960 --> 00:49:31,800
Speaker 2: are you they'll actually?

1029
00:49:31,920 --> 00:49:32,160
Speaker 10: Arrive?

1030
00:49:33,040 --> 00:49:36,080
Speaker 24: Yeah MAYBE i start with the new. Planes as you,

1031
00:49:36,120 --> 00:49:38,800
Speaker 24: know we've been waiting for new plane delivery since twenty twenty,

1032
00:49:38,800 --> 00:49:42,680
Speaker 24: two and finally this year we're going to get two

1033
00:49:42,719 --> 00:49:44,800
Speaker 24: of our new seven eight sevens. Arrive so the first

1034
00:49:44,800 --> 00:49:47,640
Speaker 24: one's due to arrive here In may and the second

1035
00:49:47,680 --> 00:49:49,880
Speaker 24: one In. June and that's been a long time coming

1036
00:49:49,960 --> 00:49:52,960
Speaker 24: and we're all very much looking forward to. It it's

1037
00:49:53,000 --> 00:49:55,480
Speaker 24: not just great for A New zealand, thrankly it's great

1038
00:49:55,480 --> 00:49:59,800
Speaker 24: For New. Zealand on the engine, issues we've had a

1039
00:49:59,800 --> 00:50:03,640
Speaker 24: couple blue wind Sto. Mic we've as far as maybe

1040
00:50:03,680 --> 00:50:07,200
Speaker 24: start With Rolls. Royce the fixes that they've been working

1041
00:50:07,239 --> 00:50:13,359
Speaker 24: on is working and so now really the processes is

1042
00:50:13,400 --> 00:50:16,400
Speaker 24: for us to get those engines through the shops for

1043
00:50:17,040 --> 00:50:21,319
Speaker 24: their maintenance visits and they are starting to stay on

1044
00:50:21,400 --> 00:50:25,520
Speaker 24: wing longer than the previous repairs seem, to so that

1045
00:50:25,960 --> 00:50:29,520
Speaker 24: gives us great. Hope on the patt And whitney, side

1046
00:50:29,640 --> 00:50:35,080
Speaker 24: we've negotiated a new deal which sees us getting one

1047
00:50:35,120 --> 00:50:38,680
Speaker 24: of our grounded aircraft back by One april this year

1048
00:50:39,239 --> 00:50:42,680
Speaker 24: and a second one by One november this. Year what

1049
00:50:42,719 --> 00:50:46,040
Speaker 24: that all means is our current grounded fleet of eight

1050
00:50:46,080 --> 00:50:49,840
Speaker 24: aircraft will be down to four aircraft and by the

1051
00:50:49,920 --> 00:50:53,600
Speaker 24: end of this calendar year that is a big new

1052
00:50:53,640 --> 00:50:56,640
Speaker 24: addition to, capacity so we can finally start to think

1053
00:50:56,680 --> 00:50:57,319
Speaker 24: about growing the.

1054
00:50:57,320 --> 00:51:01,200
Speaker 2: Business the retrofitz delignment do you really improve your bottom?

1055
00:51:01,239 --> 00:51:06,719
Speaker 24: Line they, do particularly as far as our ability to

1056
00:51:06,960 --> 00:51:10,040
Speaker 24: attract the right type of tourists into the, country if you.

1057
00:51:10,080 --> 00:51:15,880
Speaker 24: Will those retrofits have a high premium product on, board

1058
00:51:16,320 --> 00:51:20,560
Speaker 24: and the two new aircraft obviously our premium heavy, aircraft

1059
00:51:20,680 --> 00:51:24,440
Speaker 24: so from that perspective they do help with, yields and.

1060
00:51:24,400 --> 00:51:26,200
Speaker 2: What about the front of the? Plane do you have

1061
00:51:26,320 --> 00:51:29,359
Speaker 2: enough investment at the end of the? Plane given we

1062
00:51:29,440 --> 00:51:32,359
Speaker 2: see from all over the world people cannot spend enough

1063
00:51:32,400 --> 00:51:35,719
Speaker 2: money wanting to be in. Business and, first we've.

1064
00:51:35,440 --> 00:51:38,160
Speaker 24: Been investing quite, heavily as you, know on the retrofit

1065
00:51:38,200 --> 00:51:41,200
Speaker 24: program and the new aircraft. Program we think we do

1066
00:51:42,400 --> 00:51:45,200
Speaker 24: and you, know we've got ten new aircraft on, order

1067
00:51:45,760 --> 00:51:48,640
Speaker 24: five of which arrive on top of the retrofit, program

1068
00:51:48,640 --> 00:51:51,839
Speaker 24: five of which arrive over the course of the next twelve.

1069
00:51:51,920 --> 00:51:57,600
Speaker 24: Months and that's something that is going to be quite

1070
00:51:57,600 --> 00:52:00,560
Speaker 24: an important addition to the. Fleet on top of, that

1071
00:52:01,440 --> 00:52:04,520
Speaker 24: one of the Things i've, done again in the early

1072
00:52:04,560 --> 00:52:09,239
Speaker 24: stages of me taking over this, role is approving a

1073
00:52:09,280 --> 00:52:12,480
Speaker 24: business case to also retrofit our triple seven. Planes so

1074
00:52:13,200 --> 00:52:17,040
Speaker 24: by the end Of december twenty, seven our entire wide

1075
00:52:17,040 --> 00:52:19,480
Speaker 24: body fleet will be on a new product which, is

1076
00:52:19,800 --> 00:52:23,600
Speaker 24: as you, say mission ready to, attract not just a

1077
00:52:23,600 --> 00:52:26,839
Speaker 24: front of the, plane as across all three.

1078
00:52:26,840 --> 00:52:31,320
Speaker 2: Cabins, now these costs you cite in the report passenger, lebes, engineering,

1079
00:52:31,360 --> 00:52:34,359
Speaker 2: maintenance landing, charges all that sort of, thing how many

1080
00:52:34,440 --> 00:52:37,240
Speaker 2: are unique to? You because is this just another excuse

1081
00:52:37,280 --> 00:52:40,640
Speaker 2: because all airlines have to pay these same, costs don't.

1082
00:52:40,640 --> 00:52:46,279
Speaker 24: THEY i think the not all airlines are exposed to

1083
00:52:47,239 --> 00:52:51,239
Speaker 24: these costs as we are here. Locally to put that in,

1084
00:52:51,360 --> 00:52:57,440
Speaker 24: context airport landing charges since twenty nineteen has gone up

1085
00:52:57,560 --> 00:53:03,879
Speaker 24: eighty four eighty five. Percent you, know inflation since then

1086
00:53:03,920 --> 00:53:08,279
Speaker 24: has been around twenty nine thirty and our airfares have

1087
00:53:08,280 --> 00:53:12,120
Speaker 24: gone up thirty two percent during that same. Period so

1088
00:53:12,640 --> 00:53:17,239
Speaker 24: and this is all, happening you, know specifically in the

1089
00:53:17,280 --> 00:53:21,520
Speaker 24: case of our operations at our hub, Airport so we

1090
00:53:21,600 --> 00:53:25,920
Speaker 24: are disproportionately exposed to that cost inflation.

1091
00:53:27,000 --> 00:53:27,840
Speaker 10: As far as.

1092
00:53:29,160 --> 00:53:33,680
Speaker 24: Airport airline profitabilities. Consent you, know airlines are cyclical, businesses

1093
00:53:34,400 --> 00:53:39,320
Speaker 24: and and some of the businesses that are currently making

1094
00:53:39,360 --> 00:53:43,400
Speaker 24: money our businesses that have also relatively recently gone through a.

1095
00:53:43,719 --> 00:53:48,920
Speaker 24: Downturn it's partly nature of the. Business but in this

1096
00:53:49,000 --> 00:53:51,920
Speaker 24: instance there's a lot of things we are exposed to

1097
00:53:51,960 --> 00:53:54,320
Speaker 24: hear locally that some of our competitors.

1098
00:53:54,320 --> 00:53:57,160
Speaker 2: Aren't so, politics of, course you can't escape At David

1099
00:53:57,160 --> 00:54:01,360
Speaker 2: seymour yesterday says go go Broke youtubo policely motivated basically

1100
00:54:01,400 --> 00:54:03,080
Speaker 2: the government should sell. You you say WHAT.

1101
00:54:04,800 --> 00:54:05,960
Speaker 24: I, Say i'm Glad i'm not in.

1102
00:54:06,000 --> 00:54:08,799
Speaker 2: Politics when DO i ring You nickel and you, Go,

1103
00:54:08,960 --> 00:54:11,239
Speaker 2: look it's been a good, Year. Mike the planes are,

1104
00:54:11,280 --> 00:54:14,160
Speaker 2: here the engines are. On life is. Good when does that?

1105
00:54:14,280 --> 00:54:21,759
Speaker 24: Happen, look the the program to reset the business is not.

1106
00:54:23,520 --> 00:54:24,120
Speaker 12: Is not a quick.

1107
00:54:24,160 --> 00:54:28,240
Speaker 24: Fix as aircraft, arrive we need to deploy them, smartly

1108
00:54:28,719 --> 00:54:33,440
Speaker 24: but we'll also need to reset the business, smartly and

1109
00:54:33,480 --> 00:54:35,759
Speaker 24: that don't take a bit of. Time i'm HOPING i

1110
00:54:35,880 --> 00:54:38,040
Speaker 24: sit with you in the next eighteen twenty four months

1111
00:54:38,080 --> 00:54:43,880
Speaker 24: make and we'll be talking about the successor the turnaround

1112
00:54:43,920 --> 00:54:44,799
Speaker 24: program here at Any.

1113
00:54:44,880 --> 00:54:47,000
Speaker 2: Zealoving all, right, WELL i wish you, Well Nicol, ravishenker

1114
00:54:47,360 --> 00:54:49,600
Speaker 2: who's The Air New zealand chief. Executive this is WHAT

1115
00:54:49,680 --> 00:54:52,000
Speaker 2: i will raise with The Prime minister On. Monday if

1116
00:54:52,000 --> 00:54:54,760
Speaker 2: there's numbers a correct lending charges up eighty five, percent

1117
00:54:54,800 --> 00:54:58,640
Speaker 2: inflation THIRTY i mean there's something wrong there isn't there those?

1118
00:54:58,719 --> 00:55:01,840
Speaker 2: Charges but every plane that lands plays the land so you,

1119
00:55:01,880 --> 00:55:04,480
Speaker 2: know guitar pay the landing. Chargers SO i, mean, yes

1120
00:55:04,520 --> 00:55:07,200
Speaker 2: that's a, problem but there's something there that the majority

1121
00:55:07,280 --> 00:55:11,799
Speaker 2: shareholder surely can do something. About thirteen two.

1122
00:55:12,120 --> 00:55:16,600
Speaker 1: The mike Asking Breakfast Full show podcast On iHeartRadio powered

1123
00:55:16,640 --> 00:55:17,600
Speaker 1: By News talks at Be.

1124
00:55:18,600 --> 00:55:21,359
Speaker 2: Mayby domestic use is, Down mike due to. Unreliability there's

1125
00:55:21,360 --> 00:55:23,640
Speaker 2: probably something in, that but Harsh mike In New zealand

1126
00:55:23,719 --> 00:55:25,800
Speaker 2: land all their planes In Auckland emirates have about twenty a.

1127
00:55:25,840 --> 00:55:27,799
Speaker 2: Week that's a fair, point very fair. POINT a lot

1128
00:55:27,840 --> 00:55:29,319
Speaker 2: of those big players only come in one or two

1129
00:55:29,360 --> 00:55:32,799
Speaker 2: times a, week sometimes only once a. Day good, Chat

1130
00:55:32,840 --> 00:55:34,880
Speaker 2: Mike nickel feels like the right guy to get our

1131
00:55:34,880 --> 00:55:37,200
Speaker 2: rear line. Flying mike the In New Zealand boss speaks

1132
00:55:37,200 --> 00:55:39,399
Speaker 2: and lux And Management talk does not interview that. Well

1133
00:55:39,440 --> 00:55:42,040
Speaker 2: so you love him you hate. Him WHAT i can

1134
00:55:42,120 --> 00:55:44,319
Speaker 2: tell you Is Rolls. Royce he is an irony The Trent,

1135
00:55:44,440 --> 00:55:46,600
Speaker 2: engine which is what He New zealand deals With Rolls.

1136
00:55:46,680 --> 00:55:51,000
Speaker 2: Royce make that that company is going gangbusters another year

1137
00:55:51,040 --> 00:55:54,480
Speaker 2: of robust. Growth they reported. Overnight there's a massive buyback

1138
00:55:54,560 --> 00:55:57,279
Speaker 2: program going, on the share prices through the roof and

1139
00:55:57,440 --> 00:55:59,839
Speaker 2: the irony of a company that's doing that, well and

1140
00:56:00,120 --> 00:56:02,880
Speaker 2: yet we're still waiting for them to fix their engines

1141
00:56:02,920 --> 00:56:05,520
Speaker 2: that they cocked up in the first. Place, Meantime, Quantus

1142
00:56:05,600 --> 00:56:09,280
Speaker 2: i'm sure you're, aware posted YESTERDAY i didn't realize their loyalty.

1143
00:56:09,280 --> 00:56:11,960
Speaker 2: PROGRAM i don't Fly, quantas but their loyalty program did

1144
00:56:12,000 --> 00:56:14,560
Speaker 2: rely on you flying them to get. Points you couldn't spend.

1145
00:56:14,600 --> 00:56:17,319
Speaker 2: Money The New zealand program allows you to spend, money

1146
00:56:17,320 --> 00:56:19,000
Speaker 2: so you buy your groceries to get Their New zealand.

1147
00:56:19,000 --> 00:56:22,000
Speaker 2: POINTS i thought that we. Standard wasn't there changing all

1148
00:56:22,000 --> 00:56:24,640
Speaker 2: that At quantas? Now but profit one point four to

1149
00:56:24,640 --> 00:56:30,080
Speaker 2: six billion pre tax half, year strong, demand rising, efficiencies new,

1150
00:56:30,160 --> 00:56:33,560
Speaker 2: aircraft Jet stars. BOOMING i mean it just goes on and.

1151
00:56:33,600 --> 00:56:37,120
Speaker 2: On sixty percent Of jetstars increase in profitability is driven

1152
00:56:37,160 --> 00:56:39,200
Speaker 2: by its new. Aircraft so the better the, aircraft the more.

1153
00:56:39,360 --> 00:56:43,120
Speaker 2: Efficient they are six new aircraft arising in the half

1154
00:56:43,160 --> 00:56:46,120
Speaker 2: a further thirty arriving the next eighteen, months including those

1155
00:56:46,160 --> 00:56:48,800
Speaker 2: ultra long RANGE a three. Fifties that's The sunrise. Stuff

1156
00:56:49,080 --> 00:56:52,080
Speaker 2: when you can Fly sydney To london, direct that's a game,

1157
00:56:52,160 --> 00:56:53,879
Speaker 2: changer and they're on the cutting edge of. That they're

1158
00:56:53,880 --> 00:56:57,840
Speaker 2: going to employ eight and a half thousand more people

1159
00:56:58,320 --> 00:57:01,360
Speaker 2: by twenty. Thirty they plan to hire three and a

1160
00:57:01,360 --> 00:57:05,919
Speaker 2: half thousand more cabin, crew more than a thousand. Pilots it's.

1161
00:57:05,960 --> 00:57:09,600
Speaker 2: Incredible so that's typical of what's going on in aviation,

1162
00:57:09,760 --> 00:57:14,120
Speaker 2: globally and yet here In New zealand it's a whole different.

1163
00:57:14,120 --> 00:57:18,520
Speaker 1: Story eight to eight The Mike Hopking breakfast With, Vida

1164
00:57:18,600 --> 00:57:21,080
Speaker 1: Retirement Communities news togsad be just.

1165
00:57:21,000 --> 00:57:23,200
Speaker 2: One more note on the business of quantas they announced

1166
00:57:23,200 --> 00:57:26,160
Speaker 2: that they're the first seems inexplicable to. Me but they're

1167
00:57:26,160 --> 00:57:29,400
Speaker 2: the first airline in the world to announce a NonStop

1168
00:57:29,480 --> 00:57:32,200
Speaker 2: route To. Vegas Why i've never been To? Vegas for

1169
00:57:32,200 --> 00:57:35,440
Speaker 2: that very. Reason it is a known fact in aviation

1170
00:57:35,600 --> 00:57:39,040
Speaker 2: circles point to point as a, winner you increase patronage

1171
00:57:39,040 --> 00:57:42,600
Speaker 2: by an excess of thirty percent to a place if

1172
00:57:42,600 --> 00:57:45,080
Speaker 2: you can go point to. Point if you go point

1173
00:57:45,080 --> 00:57:48,520
Speaker 2: to point to, point the business isn't. There so why

1174
00:57:48,520 --> 00:57:50,960
Speaker 2: have they not landed internationally In? Vegas i've got no,

1175
00:57:51,040 --> 00:57:53,120
Speaker 2: idea because who wants to stop In Los angeles and,

1176
00:57:53,120 --> 00:57:54,800
Speaker 2: then you, know get a car or get another. Flight

1177
00:57:54,800 --> 00:57:56,880
Speaker 2: it's a disaster. Anyway they're going out Of december this.

1178
00:57:57,000 --> 00:57:59,480
Speaker 2: Year it'll be, seasonal three times a, week et, cetera et.

1179
00:57:59,480 --> 00:58:01,600
Speaker 2: Cetera the other THING i would argue that A New

1180
00:58:01,680 --> 00:58:04,440
Speaker 2: zealand's mister Trick on is, well two. Things, actually one

1181
00:58:04,520 --> 00:58:07,320
Speaker 2: Is london getting rid Of, london and that Was. Luxeon

1182
00:58:07,600 --> 00:58:09,840
Speaker 2: he decided he didn't want to go To london. ANYMORE

1183
00:58:10,160 --> 00:58:15,480
Speaker 2: i would argue that's a psychological and material mistake given

1184
00:58:15,520 --> 00:58:19,400
Speaker 2: the inextricable link we have With britain As New zealander

1185
00:58:19,440 --> 00:58:21,680
Speaker 2: is the fact you can't fly To london on your

1186
00:58:21,800 --> 00:58:27,160
Speaker 2: national airline without changing airlines is. Absurd now allegedly they're

1187
00:58:27,160 --> 00:58:28,800
Speaker 2: getting that back and they've got a. SLOT i think

1188
00:58:28,840 --> 00:58:30,560
Speaker 2: it's A gatwick and they're going to make some sort of.

1189
00:58:30,600 --> 00:58:33,240
Speaker 2: ANNOUNCEMENT i don't know, when but that was a material.

1190
00:58:33,320 --> 00:58:35,400
Speaker 2: Mistake the other THING i think they've made a mistake

1191
00:58:35,440 --> 00:58:38,880
Speaker 2: on is first. Class they don't have one and say

1192
00:58:38,880 --> 00:58:40,880
Speaker 2: whatever you. Want AND i just wonder if we're just

1193
00:58:40,920 --> 00:58:43,200
Speaker 2: a little bit egalitarian in this country and we all

1194
00:58:43,320 --> 00:58:45,920
Speaker 2: like the budget view of the, world but there is

1195
00:58:45,960 --> 00:58:49,320
Speaker 2: equally no doubt that first class not just, business but

1196
00:58:49,440 --> 00:58:51,200
Speaker 2: first class right at the point he end of the.

1197
00:58:51,200 --> 00:58:54,120
Speaker 2: Plane the price you pay for first class is through the,

1198
00:58:54,200 --> 00:58:58,400
Speaker 2: nose and the yield for an airline is. Unbelievable but

1199
00:58:58,520 --> 00:59:01,720
Speaker 2: what we know for a fact alignes buying flash seats

1200
00:59:01,760 --> 00:59:04,640
Speaker 2: like there's no tomorrow what we know for a fact

1201
00:59:04,840 --> 00:59:10,000
Speaker 2: is you can't meet the. Demand there are more people

1202
00:59:10,000 --> 00:59:12,200
Speaker 2: who want to give you money than there are seats. Available,

1203
00:59:12,320 --> 00:59:14,800
Speaker 2: now why we're not into, THAT i got no. Idea

1204
00:59:14,840 --> 00:59:16,680
Speaker 2: we used to do. It we used to have first

1205
00:59:16,720 --> 00:59:18,480
Speaker 2: clap in the olden. Days once we had those big,

1206
00:59:18,520 --> 00:59:20,720
Speaker 2: jumpers they had first. Class so it's not like we

1207
00:59:20,760 --> 00:59:22,560
Speaker 2: haven't done. It news for you in a couple of,

1208
00:59:22,560 --> 00:59:24,840
Speaker 2: Moments Kate hawksby And Tim wilson will do the week

1209
00:59:25,000 --> 00:59:26,920
Speaker 2: This friday. Morning here At News talks D be.

1210
00:59:30,600 --> 00:59:34,800
Speaker 1: Asking the questions others won't the mic Asking breakfast with The,

1211
00:59:34,840 --> 00:59:36,240
Speaker 1: defender embraced the.

1212
00:59:36,320 --> 00:59:39,960
Speaker 3: Impossible News talks D. B here's my final.

1213
00:59:40,200 --> 00:59:43,800
Speaker 4: Serenade here's a gun and here's a.

1214
00:59:43,880 --> 00:59:52,960
Speaker 3: Bled here's a picture. THERE i said To, god that's.

1215
00:59:53,000 --> 00:59:56,320
Speaker 2: Good just in case you were on the. Answer it

1216
00:59:56,400 --> 01:00:00,840
Speaker 2: was recorded in just ten. Days it is long, player

1217
01:00:01,880 --> 01:00:07,600
Speaker 2: comes just a year After. Rushma it is stomped flap folk.

1218
01:00:07,720 --> 01:00:13,640
Speaker 2: Pop he recognized his boy made. Mistakes It's Chris, stapleton

1219
01:00:14,120 --> 01:00:16,640
Speaker 2: but the main group is The mumper And. Sons mumpet

1220
01:00:16,680 --> 01:00:19,320
Speaker 2: And son's new Album Prize, Fighter but this Is stapleton

1221
01:00:19,400 --> 01:00:22,840
Speaker 2: Honored rubber Band man's a. Favorite we've been listening to

1222
01:00:22,880 --> 01:00:24,800
Speaker 2: it at the house for a while. NOW i don't

1223
01:00:24,800 --> 01:00:28,080
Speaker 2: know whether it's impossible to understand these days when albums come,

1224
01:00:28,080 --> 01:00:30,000
Speaker 2: out or singles come, out or a series of singles come,

1225
01:00:30,040 --> 01:00:30,640
Speaker 2: out or a series of.

1226
01:00:30,640 --> 01:00:40,240
Speaker 19: Albums Chris, wow yours as well to.

1227
01:00:40,440 --> 01:00:43,800
Speaker 2: Belong he can do no. Wrongs he could sing. Anything

1228
01:00:43,880 --> 01:00:47,400
Speaker 2: he could. Sing he could sing the national anthem and

1229
01:00:47,440 --> 01:00:49,640
Speaker 2: make a good job of. IT i reckon our nest

1230
01:00:49,760 --> 01:00:54,760
Speaker 2: any national. Anthem so prize, Fighter mumpet and.

1231
01:00:54,840 --> 01:00:58,680
Speaker 1: Sons it's a week in review with two degrees bringing

1232
01:00:58,760 --> 01:01:00,280
Speaker 1: smart business solutions to the.

1233
01:01:00,280 --> 01:01:02,040
Speaker 2: Table, okay it talks to, Me Tim, Wilson, Willis good

1234
01:01:02,040 --> 01:01:02,680
Speaker 2: morning to both of.

1235
01:01:02,680 --> 01:01:06,960
Speaker 7: YOU i can't morning Play Jason segal singing night.

1236
01:01:07,080 --> 01:01:09,800
Speaker 2: Swimming, okay here's the here's the. Thing, okay there's a

1237
01:01:09,840 --> 01:01:13,600
Speaker 2: story behind. THAT i When glenn came into the building this,

1238
01:01:13,600 --> 01:01:15,800
Speaker 2: MORNING i, said, hey re after. Right that's ALL i.

1239
01:01:15,800 --> 01:01:18,960
Speaker 2: SAID i, said, hey re after, right and he went.

1240
01:01:20,880 --> 01:01:21,000
Speaker 12: Like.

1241
01:01:21,040 --> 01:01:23,040
Speaker 2: That it was the weirdest sound of ne. Everhood he,

1242
01:01:23,120 --> 01:01:30,320
Speaker 2: went he, WENT i went what he? GOES i, said

1243
01:01:30,360 --> 01:01:33,280
Speaker 2: have you got something? Good and he, goesh, yeah, yeah

1244
01:01:33,320 --> 01:01:35,320
Speaker 2: but you tell me what yours? Is AND i, said

1245
01:01:35,400 --> 01:01:37,080
Speaker 2: is it really? Good he, goes, YEAH i think you'll like.

1246
01:01:37,120 --> 01:01:38,680
Speaker 2: IT i, said but tell me what yours? Is AND

1247
01:01:38,960 --> 01:01:40,880
Speaker 2: i SAID i don't want to any, more and he

1248
01:01:40,880 --> 01:01:41,959
Speaker 2: said good chat walked.

1249
01:01:42,000 --> 01:01:45,360
Speaker 7: Away oh that's what you should.

1250
01:01:45,360 --> 01:01:46,240
Speaker 10: Be what's going? On?

1251
01:01:47,240 --> 01:01:52,320
Speaker 2: Well? Here, no BECAUSE i just said hey after, it and.

1252
01:01:52,880 --> 01:01:56,240
Speaker 14: Well it's just. THERE i, thought here we. Go he's

1253
01:01:56,280 --> 01:01:58,760
Speaker 14: heard he's heard a song on some program that he

1254
01:01:58,800 --> 01:02:03,720
Speaker 14: wasn't even watching ON, tv and he wants me to

1255
01:02:03,760 --> 01:02:07,200
Speaker 14: play that because he's heard this random, song whereas, Meanwhile

1256
01:02:07,360 --> 01:02:10,200
Speaker 14: i've already loaded a bunch of tracks and waiting to.

1257
01:02:10,240 --> 01:02:15,040
Speaker 14: Play you, know four days ago that noise THAT i

1258
01:02:15,160 --> 01:02:18,360
Speaker 14: made was just trying to convey that for the second

1259
01:02:18,400 --> 01:02:20,200
Speaker 14: week in a, row he's just blowing all my show

1260
01:02:20,240 --> 01:02:20,800
Speaker 14: prep out of the.

1261
01:02:20,880 --> 01:02:24,720
Speaker 2: Water COULD i couldn't? Make can you?

1262
01:02:24,800 --> 01:02:27,400
Speaker 10: Make can you make the? Noise BECAUSE i think it's

1263
01:02:27,440 --> 01:02:28,800
Speaker 10: probably different to the way he made.

1264
01:02:29,040 --> 01:02:31,480
Speaker 2: Noise i'm PERSONALLY i think he was pretty he was

1265
01:02:31,480 --> 01:02:35,720
Speaker 2: pretty accurate with the. Noises pretty, yeah, Okay.

1266
01:02:33,680 --> 01:02:37,120
Speaker 14: But THEN i don't think it was quite as petulant

1267
01:02:37,120 --> 01:02:40,280
Speaker 14: as what he all the noises that he made after

1268
01:02:40,360 --> 01:02:42,720
Speaker 14: it when when he then refused to tell me what

1269
01:02:42,760 --> 01:02:43,880
Speaker 14: his suggestion, Was.

1270
01:02:43,800 --> 01:02:44,400
Speaker 2: WELL i didn't.

1271
01:02:44,440 --> 01:02:45,920
Speaker 10: Know can you do his?

1272
01:02:46,080 --> 01:02:49,160
Speaker 2: Noises at this, Point i'm in trouble with the. Missus

1273
01:02:49,200 --> 01:02:51,400
Speaker 2: and that's my, difficulty you, see BECAUSE i don't want

1274
01:02:51,400 --> 01:02:53,800
Speaker 2: to Upset glenn because he's done all this prep allegedly

1275
01:02:53,840 --> 01:02:56,440
Speaker 2: four days in. Advance BUT i know THAT i want

1276
01:02:56,440 --> 01:02:58,600
Speaker 2: to Surprise katie Because i've got this, song because she'll

1277
01:02:58,600 --> 01:03:02,000
Speaker 2: be expecting. It and Then I'm i'm between a rock

1278
01:03:02,040 --> 01:03:02,400
Speaker 2: and a hard.

1279
01:03:02,400 --> 01:03:05,440
Speaker 7: Place, no, no, no not Upsetting, glen who's done all

1280
01:03:05,480 --> 01:03:07,560
Speaker 7: the show. Preppers far more important that comes to show

1281
01:03:07,600 --> 01:03:09,760
Speaker 7: than mentorry about. Me AND i wasn't expecting, it BUT

1282
01:03:09,760 --> 01:03:11,120
Speaker 7: i thought the person you.

1283
01:03:11,080 --> 01:03:15,360
Speaker 2: See apart from Race Jason, segal can we just not

1284
01:03:15,440 --> 01:03:17,360
Speaker 2: have a race to like who's the biggest victim?

1285
01:03:17,360 --> 01:03:20,480
Speaker 10: Here because there's too much of that broadly. Society so let's.

1286
01:03:20,320 --> 01:03:22,000
Speaker 2: Just kind agree, more can, You?

1287
01:03:22,120 --> 01:03:25,480
Speaker 7: Glen Because mike's got two, Marriages me And glenn.

1288
01:03:26,520 --> 01:03:29,640
Speaker 2: The ones only ones in? Therapy now?

1289
01:03:29,720 --> 01:03:32,760
Speaker 14: What and then you look at the crazy thing is

1290
01:03:33,000 --> 01:03:35,040
Speaker 14: we do actually have the, ability we can we can

1291
01:03:35,120 --> 01:03:36,160
Speaker 14: actually play more than one.

1292
01:03:36,200 --> 01:03:38,080
Speaker 2: Song, yeah let's do? That can you do that for?

1293
01:03:38,160 --> 01:03:38,720
Speaker 12: Us here we?

1294
01:03:38,760 --> 01:03:39,680
Speaker 14: Go no.

1295
01:03:46,640 --> 01:03:59,280
Speaker 2: Photographon dashboard taken years turn around. BACK i saw The Wednesdays.

1296
01:04:00,200 --> 01:04:05,600
Speaker 10: Ever, history Lag rever picture And.

1297
01:04:06,080 --> 01:04:09,440
Speaker 2: Rever do you think he's a good? Singer Tim, still

1298
01:04:09,560 --> 01:04:13,440
Speaker 2: it's who is? This Jason sigal the?

1299
01:04:13,520 --> 01:04:16,080
Speaker 25: Actor it's all. RIGHT i MEAN i liked us AS

1300
01:04:16,120 --> 01:04:17,640
Speaker 25: i heard. IT i was, thinking you know what at

1301
01:04:17,680 --> 01:04:18,720
Speaker 25: the first, staple.

1302
01:04:18,400 --> 01:04:20,040
Speaker 14: Tip can you stop calling him?

1303
01:04:20,040 --> 01:04:22,480
Speaker 2: Cigar by the, Way, WELL i can't help. It it's one,

1304
01:04:22,520 --> 01:04:25,360
Speaker 2: cigar all. CIGARS i, mean they're all the, same aren't. They, See,

1305
01:04:25,440 --> 01:04:27,880
Speaker 2: cadie you need to explain from. Shrinking this is a

1306
01:04:27,920 --> 01:04:31,520
Speaker 2: deeply moving moment in which you were lying and the

1307
01:04:31,600 --> 01:04:36,320
Speaker 2: dog next to you on the sofa was. Going shrinking

1308
01:04:36,360 --> 01:04:38,400
Speaker 2: is a Deep can you stop doing those?

1309
01:04:38,480 --> 01:04:40,040
Speaker 3: Noises anybody that.

1310
01:04:40,040 --> 01:04:45,320
Speaker 7: Watches shrinking will understand maybe out of, context.

1311
01:04:43,520 --> 01:04:47,280
Speaker 2: But to be, Fair i've listened to the song every

1312
01:04:47,400 --> 01:04:51,160
Speaker 2: day to work this week AND i love. It, yeah

1313
01:04:51,240 --> 01:04:54,479
Speaker 2: every day AND i love. It and SO i didn't

1314
01:04:54,520 --> 01:04:56,880
Speaker 2: even see the proben Because glenn was one hundred percent.

1315
01:04:56,960 --> 01:04:58,680
Speaker 2: Right it's a.

1316
01:04:58,800 --> 01:05:02,440
Speaker 7: Great it's a great song either, Way arim Or, jon that's.

1317
01:05:02,480 --> 01:05:05,040
Speaker 2: Great, hey, listen two things to deal with the of

1318
01:05:05,160 --> 01:05:06,920
Speaker 2: serious note this, morning and we'll take a break and

1319
01:05:06,920 --> 01:05:11,560
Speaker 2: come back in the. Moment one children and speeding tickets and.

1320
01:05:13,320 --> 01:05:13,560
Speaker 16: Still.

1321
01:05:13,800 --> 01:05:18,440
Speaker 2: Personal, yeah it's deeply. Personal and two they much requested

1322
01:05:18,880 --> 01:05:22,560
Speaker 2: how much Did sam spend At chibo last? Week oh,

1323
01:05:22,640 --> 01:05:24,800
Speaker 2: yes miss, dinner big. Deal now you think of a.

1324
01:05:24,880 --> 01:05:27,200
Speaker 2: Number you think of a, Number, TIM i want a, number, Now,

1325
01:05:27,280 --> 01:05:28,480
Speaker 2: katie you know the, number don't?

1326
01:05:28,520 --> 01:05:31,000
Speaker 10: You BECAUSE i paid? It?

1327
01:05:31,120 --> 01:05:34,880
Speaker 2: Yeah, yeah, okay you know the. Number so more in a.

1328
01:05:34,920 --> 01:05:37,280
Speaker 2: Moment thirteen past.

1329
01:05:36,760 --> 01:05:41,360
Speaker 1: The Mic Asking Breakfast Full show podcast On iHeartRadio powered

1330
01:05:41,360 --> 01:05:42,240
Speaker 1: By News Talk.

1331
01:05:42,080 --> 01:05:45,320
Speaker 2: Zippy News talks At. Me sixteen past Eight.

1332
01:05:45,360 --> 01:05:48,880
Speaker 1: The week In review with two, degrees fighting for fear

1333
01:05:48,960 --> 01:05:49,560
Speaker 1: For Kiwi.

1334
01:05:49,560 --> 01:05:50,760
Speaker 2: Business what's your? Number?

1335
01:05:50,760 --> 01:05:57,560
Speaker 25: Ten, okay two people, dinner one not, drinking one. Drinking

1336
01:05:57,760 --> 01:05:59,600
Speaker 25: i'd say two twenty seven.

1337
01:05:59,400 --> 01:06:03,480
Speaker 2: To fifty twenty seven and Fifty sam's, actually, ironically he

1338
01:06:03,480 --> 01:06:05,360
Speaker 2: didn't have a clue because he knew he didn't have

1339
01:06:05,400 --> 01:06:06,800
Speaker 2: to put the, bill so he didn't add it, up

1340
01:06:06,960 --> 01:06:09,040
Speaker 2: despite the fact he had the menu and the prices

1341
01:06:09,400 --> 01:06:11,600
Speaker 2: in front of. Him so he's just done a rough

1342
01:06:11,680 --> 01:06:15,440
Speaker 2: calculation of what he thought had. Happened he's come to

1343
01:06:15,600 --> 01:06:20,640
Speaker 2: four forty oh yeah for two people for two that's

1344
01:06:20,680 --> 01:06:23,760
Speaker 2: WHAT i thought that's. Right so what sure there were two? People,

1345
01:06:23,880 --> 01:06:26,840
Speaker 2: yeah exactly, so and it doesn't include something And i'll

1346
01:06:26,840 --> 01:06:28,840
Speaker 2: come to in just a couple of. Moments So, katie

1347
01:06:28,920 --> 01:06:30,600
Speaker 2: the final bill for two people, was.

1348
01:06:31,640 --> 01:06:33,360
Speaker 7: Well, sorry are we including the tip or?

1349
01:06:33,400 --> 01:06:33,480
Speaker 25: Not?

1350
01:06:34,320 --> 01:06:34,760
Speaker 2: Oh not my?

1351
01:06:34,840 --> 01:06:36,840
Speaker 10: Tip OBVIOUSLY i.

1352
01:06:36,920 --> 01:06:39,120
Speaker 2: Tipped, Okay, well they had really good.

1353
01:06:38,960 --> 01:06:42,200
Speaker 7: Service Because sam texted me AND i was getting updates

1354
01:06:42,200 --> 01:06:44,320
Speaker 7: and they were having a great. Night they were getting great, sex.

1355
01:06:44,680 --> 01:06:45,160
Speaker 22: Winning a good.

1356
01:06:45,240 --> 01:06:48,000
Speaker 2: Night and that's. True so all, right tip hand note

1357
01:06:48,000 --> 01:06:49,040
Speaker 2: tip without.

1358
01:06:48,720 --> 01:06:52,120
Speaker 7: Tip without tip four ninety three.

1359
01:06:52,040 --> 01:06:56,960
Speaker 2: Four nine three.

1360
01:06:57,600 --> 01:06:59,280
Speaker 12: For that and with?

1361
01:06:59,440 --> 01:07:00,240
Speaker 2: Tip how much was the?

1362
01:07:00,320 --> 01:07:00,560
Speaker 10: Tip?

1363
01:07:01,800 --> 01:07:04,160
Speaker 7: WELL i JUST i paid them five Fifty.

1364
01:07:04,040 --> 01:07:06,439
Speaker 2: Okay that's. Good so that's ten. Percent so four nine.

1365
01:07:06,480 --> 01:07:10,080
Speaker 2: Three here's the. Thing what it doesn't include is the. One,

1366
01:07:10,200 --> 01:07:12,800
Speaker 2: now the interesting thing about the four nine three is

1367
01:07:12,920 --> 01:07:16,479
Speaker 2: four hundred and twenty of that is. Alcohol so they.

1368
01:07:16,440 --> 01:07:22,400
Speaker 25: Really, Wait so What sami's, beloved because because Wasn't?

1369
01:07:22,440 --> 01:07:25,000
Speaker 10: Sammy he? WAS i, mean he actually does, drink but

1370
01:07:25,040 --> 01:07:25,479
Speaker 10: he wasn't?

1371
01:07:26,240 --> 01:07:28,000
Speaker 2: Drinks were he?

1372
01:07:28,120 --> 01:07:29,040
Speaker 10: Drinks does?

1373
01:07:29,080 --> 01:07:32,920
Speaker 2: He he certainly wasn't. Driving given the size of the alcohol,

1374
01:07:32,960 --> 01:07:37,600
Speaker 2: bill he certainly wasn't. Driving and so the, wait so

1375
01:07:37,720 --> 01:07:40,960
Speaker 2: drinking is going out generally not With, Sam, sami not With,

1376
01:07:41,000 --> 01:07:44,480
Speaker 2: sami and the brider isn't. Anyway it didn't include and

1377
01:07:44,520 --> 01:07:46,960
Speaker 2: this is a revelation TO, uk it didn't the four

1378
01:07:47,040 --> 01:07:51,920
Speaker 2: nine three minus tip didn't include the one hundred and

1379
01:07:51,920 --> 01:07:56,320
Speaker 2: twenty dollars worth of drinks bought by other people at other. Tables,

1380
01:07:56,800 --> 01:07:58,440
Speaker 2: no what what.

1381
01:08:02,400 --> 01:08:06,000
Speaker 10: They are per legless six.

1382
01:08:05,960 --> 01:08:10,000
Speaker 2: Hundred and twenty, dollars of which five hundred and ninety

1383
01:08:10,040 --> 01:08:11,120
Speaker 2: four dollars fifty was.

1384
01:08:11,160 --> 01:08:14,960
Speaker 10: Alcohol, wow it sho theres a oother people to buy them.

1385
01:08:15,040 --> 01:08:15,560
Speaker 10: Drinks that's.

1386
01:08:15,600 --> 01:08:19,000
Speaker 2: Awesome, yeah that was what was. Said jeremy was telling

1387
01:08:19,040 --> 01:08:20,760
Speaker 2: me what was happening later in the. Evening was there

1388
01:08:20,960 --> 01:08:21,959
Speaker 2: a given an hom.

1389
01:08:22,960 --> 01:08:27,880
Speaker 7: What more's that speaks to the great clientele Of chibo

1390
01:08:28,080 --> 01:08:30,760
Speaker 7: that they're so lovely and generous they want everyone to

1391
01:08:30,760 --> 01:08:31,120
Speaker 7: have a good.

1392
01:08:31,160 --> 01:08:35,879
Speaker 25: Time, well because they realized the trials That sammy endures

1393
01:08:35,960 --> 01:08:39,320
Speaker 25: during the, day you, know working for working For, mike the.

1394
01:08:39,360 --> 01:08:43,320
Speaker 25: Struggles you, know you Think mike's impersonation Of glenn was,

1395
01:08:43,360 --> 01:08:46,160
Speaker 25: mean you, Know mike's impersonation Of sam is so much,

1396
01:08:46,240 --> 01:08:49,160
Speaker 25: meaner and so of course he's going to take solace

1397
01:08:49,360 --> 01:08:50,920
Speaker 25: in a drink or. Two the end of the.

1398
01:08:50,960 --> 01:08:52,640
Speaker 2: Week but you had him at two twenty seven to

1399
01:08:52,680 --> 01:08:56,679
Speaker 2: fifty little did you? Know, okay next quis next? Quisdom

1400
01:08:57,360 --> 01:08:59,840
Speaker 2: how much is a speeding ticket when you were twenty

1401
01:08:59,840 --> 01:09:01,120
Speaker 2: one kilometers over the?

1402
01:09:01,240 --> 01:09:05,640
Speaker 7: Limit i've told him off HERE i think here told me?

1403
01:09:05,720 --> 01:09:08,720
Speaker 2: Before what is seventy one hundred and seventy? Dollars do

1404
01:09:08,800 --> 01:09:11,280
Speaker 2: you think one hundred and seventy? Dollars BECAUSE i don't

1405
01:09:11,280 --> 01:09:14,360
Speaker 2: get speeding tickets BECAUSE i drive nice and. Safely do

1406
01:09:14,479 --> 01:09:16,600
Speaker 2: you do you think you?

1407
01:09:16,840 --> 01:09:19,599
Speaker 10: Guy you're the guy who told me an orange light

1408
01:09:20,000 --> 01:09:20,439
Speaker 10: it means.

1409
01:09:20,479 --> 01:09:24,000
Speaker 2: Accelerating, yeah, okay so do you think one hundred and

1410
01:09:24,000 --> 01:09:27,800
Speaker 2: twice one hundred and seventy dollars is a? Deterrent it's

1411
01:09:27,840 --> 01:09:28,639
Speaker 2: been an expensive.

1412
01:09:28,680 --> 01:09:30,439
Speaker 9: Week that's a.

1413
01:09:30,479 --> 01:09:34,679
Speaker 7: Lot and What i'm about is the adult son who's

1414
01:09:34,680 --> 01:09:36,599
Speaker 7: now returned to THE uk giving me back my car

1415
01:09:36,640 --> 01:09:39,559
Speaker 7: which he curbed and curbd a safety, camera a speak

1416
01:09:39,640 --> 01:09:42,000
Speaker 7: camera fine on DO i get merit?

1417
01:09:42,040 --> 01:09:42,400
Speaker 24: Points?

1418
01:09:42,760 --> 01:09:43,559
Speaker 2: No, Yes, no you.

1419
01:09:43,600 --> 01:09:45,880
Speaker 10: Don't, no you paid paid a. Fine you just paid the.

1420
01:09:45,920 --> 01:09:48,439
Speaker 10: Fine are you close to the? Line katie is?

1421
01:09:48,479 --> 01:09:52,920
Speaker 2: There she's on sixteen. Points i'm pretty close To the

1422
01:09:53,000 --> 01:09:55,080
Speaker 2: drink driving one was the one that really pinged it?

1423
01:09:55,160 --> 01:09:59,880
Speaker 2: Badly oh, Whatever Sam ranger and, said can she? Goes

1424
01:10:00,040 --> 01:10:03,880
Speaker 2: Think i'm just a log to, go So i'll come jet.

1425
01:10:04,000 --> 01:10:09,400
Speaker 2: You where AM i taking the car On? Monday tim

1426
01:10:09,439 --> 01:10:12,800
Speaker 2: taking the car to the Decurbifying, Yeah i'm taking to

1427
01:10:12,840 --> 01:10:15,040
Speaker 2: the alloy wheel place and they're going to just put

1428
01:10:15,080 --> 01:10:17,880
Speaker 2: the wheels back together. Again so how much of that does?

1429
01:10:17,920 --> 01:10:20,280
Speaker 2: That one's fame all of?

1430
01:10:20,320 --> 01:10:21,680
Speaker 10: It what's going on? Here is?

1431
01:10:21,720 --> 01:10:21,800
Speaker 12: This?

1432
01:10:21,960 --> 01:10:25,320
Speaker 10: Like just come, here run up a speeding? Ticket cured the?

1433
01:10:25,960 --> 01:10:29,040
Speaker 10: WORRIES i, mean is there a serious conversation about to be?

1434
01:10:29,120 --> 01:10:30,479
Speaker 10: Initiated but we do it?

1435
01:10:30,479 --> 01:10:30,599
Speaker 12: On?

1436
01:10:30,640 --> 01:10:32,680
Speaker 2: Are is? There is there a very serious conversation to

1437
01:10:32,680 --> 01:10:33,720
Speaker 2: be Initiated catie or?

1438
01:10:33,760 --> 01:10:36,519
Speaker 7: NOT i just spoke to him this. Morning he's pretty jet.

1439
01:10:36,560 --> 01:10:37,439
Speaker 10: Legged he's pretty.

1440
01:10:37,479 --> 01:10:42,759
Speaker 2: Tight you curbed the, Car you've got a speeding?

1441
01:10:42,800 --> 01:10:46,080
Speaker 10: Ticket, yeah But i've got you leg so?

1442
01:10:46,160 --> 01:10:51,680
Speaker 2: Much he's? Nothing is?

1443
01:10:51,720 --> 01:10:52,160
Speaker 12: He just?

1444
01:10:52,439 --> 01:10:53,240
Speaker 10: So jit?

1445
01:10:53,560 --> 01:10:53,880
Speaker 6: LEG?

1446
01:10:55,400 --> 01:10:57,880
Speaker 7: I CAN i just raise something really quickly that you mentioned.

1447
01:10:57,880 --> 01:10:59,800
Speaker 7: EARLIER i didn't know about it BECAUSE i don't read the.

1448
01:10:59,840 --> 01:11:02,000
Speaker 7: Page this whole just end a moving To. Australia THINK

1449
01:11:02,240 --> 01:11:04,320
Speaker 7: i DON'T i didn't know about any of, that BUT

1450
01:11:04,360 --> 01:11:06,920
Speaker 7: i think more it would be more that people would

1451
01:11:06,920 --> 01:11:08,800
Speaker 7: be aggrieved at the fact that she has well and

1452
01:11:08,840 --> 01:11:10,120
Speaker 7: truly officially Abandoned New.

1453
01:11:10,200 --> 01:11:13,920
Speaker 2: Zealand that is, true but do you think? It do

1454
01:11:13,960 --> 01:11:17,240
Speaker 2: you think moving and being spotted by a rural mayor

1455
01:11:17,479 --> 01:11:19,439
Speaker 2: is news in any, way shape or.

1456
01:11:19,520 --> 01:11:24,040
Speaker 10: Form she's a, celebrity so as she's a celebrity of.

1457
01:11:24,120 --> 01:11:26,519
Speaker 2: Sorts, well, NO i don't think. SO i think the

1458
01:11:26,560 --> 01:11:29,160
Speaker 2: story was Some Meya sora and when gid A, cindy

1459
01:11:29,240 --> 01:11:32,439
Speaker 2: how are you? LOVE, covid love the, lockdown, love good on.

1460
01:11:32,600 --> 01:11:35,160
Speaker 2: YOU i think that's the, beginning middle and end of the.

1461
01:11:35,200 --> 01:11:37,160
Speaker 10: Story as a, Segment mike does silly.

1462
01:11:37,240 --> 01:11:39,080
Speaker 25: Voices, Hey i've Got i've Got i've got a Positive

1463
01:11:39,120 --> 01:11:41,360
Speaker 25: i've got a positive way to finish a.

1464
01:11:41,360 --> 01:11:43,360
Speaker 10: Playground we're at a playground.

1465
01:11:43,000 --> 01:11:46,000
Speaker 25: Last, night met some, kids met their mom and. Dad guess,

1466
01:11:46,040 --> 01:11:48,519
Speaker 25: what just moved back From, perth spent some time In.

1467
01:11:48,560 --> 01:11:50,880
Speaker 25: Perth come back To New. Zealand there's no place like.

1468
01:11:50,880 --> 01:11:51,840
Speaker 10: Home so there we.

1469
01:11:51,880 --> 01:11:54,120
Speaker 2: Go nice, one nice, Ending, Tim well coming.

1470
01:11:54,200 --> 01:11:55,000
Speaker 10: Back do you have a good?

1471
01:11:55,000 --> 01:11:57,200
Speaker 2: Weekend Tim Wilson Kate hawk's b eight twenty, Two.

1472
01:11:58,120 --> 01:12:01,200
Speaker 3: The Mike Husking breakfast with The defender and use togs.

1473
01:12:01,280 --> 01:12:04,120
Speaker 2: eNB, now if you like, value AND i mean, me who,

1474
01:12:04,160 --> 01:12:06,400
Speaker 2: doesn't you want to see The Chemist warehouse what they've

1475
01:12:06,439 --> 01:12:09,240
Speaker 2: got on this. Month it's the say hello to savings

1476
01:12:09,280 --> 01:12:12,400
Speaker 2: much catalog right savings all over the. Place so, vitamins,

1477
01:12:12,479 --> 01:12:14,519
Speaker 2: yes up to twenty five percent off the good health

1478
01:12:14,600 --> 01:12:18,120
Speaker 2: range our Good health magnesium sleep sixty bitch caps nineteen ninety,

1479
01:12:18,160 --> 01:12:21,000
Speaker 2: nine save. Six moving to sports nutrition twenty percent off

1480
01:12:21,000 --> 01:12:23,880
Speaker 2: the optimum nutrition like the one hundred percent gold standard

1481
01:12:23,920 --> 01:12:25,920
Speaker 2: way two point twenty seven kilo tub that's one hundred

1482
01:12:25,920 --> 01:12:28,360
Speaker 2: and thirty eight ninety. Nine it'll last you. Forever Here

1483
01:12:28,439 --> 01:12:31,000
Speaker 2: kere got it forty percent. Off The trasame shampoo and

1484
01:12:31,040 --> 01:12:34,519
Speaker 2: conditioned are nine forty mil big bottles just ten ninety nine.

1485
01:12:34,760 --> 01:12:36,960
Speaker 2: Plus so much more than savings to be found across

1486
01:12:36,960 --> 01:12:41,879
Speaker 2: all those favorite, brands real, value real. Savings Chemists. Warehouse

1487
01:12:41,960 --> 01:12:43,519
Speaker 2: so you do it in, store you do it. Online

1488
01:12:43,520 --> 01:12:45,400
Speaker 2: they're open seven days week as they should, be are

1489
01:12:45,439 --> 01:12:49,800
Speaker 2: from early till, late so great savings every day At Chemis.

1490
01:12:49,920 --> 01:12:52,800
Speaker 2: Warehouse tad skiing cash only. Weekends this is the thing

1491
01:12:52,840 --> 01:12:55,120
Speaker 2: on social media. Apparently think it's being of going on On,

1492
01:12:55,160 --> 01:12:57,120
Speaker 2: friday so you know it starts as a low key,

1493
01:12:57,160 --> 01:13:01,840
Speaker 2: evening multiple rounds of, cocktails rites share, surge late night.

1494
01:13:01,880 --> 01:13:03,960
Speaker 2: Meal it costs as much as the grocery bill of the vibes,

1495
01:13:03,960 --> 01:13:05,200
Speaker 2: grade all that sort of. Thing then to get the

1496
01:13:05,240 --> 01:13:07,400
Speaker 2: got so they start this thing called cash only. Weekends

1497
01:13:07,840 --> 01:13:10,120
Speaker 2: and so you take the, cash whatever the cash. Is

1498
01:13:10,120 --> 01:13:12,000
Speaker 2: and this goes to the conversation we've had this week

1499
01:13:12,000 --> 01:13:13,840
Speaker 2: about cash and The Reserve bank and retail banks and

1500
01:13:13,880 --> 01:13:16,120
Speaker 2: ATMs and all that sort of. Stuff you take the

1501
01:13:16,160 --> 01:13:20,200
Speaker 2: cash and that's. It so when the cash is gone

1502
01:13:20,800 --> 01:13:22,240
Speaker 2: on the, night no matter what you do and how

1503
01:13:22,240 --> 01:13:24,519
Speaker 2: you do, it that's, gone so there's no surprise when

1504
01:13:24,560 --> 01:13:25,920
Speaker 2: you wake. UP i thought that was quite a good.

1505
01:13:25,960 --> 01:13:28,880
Speaker 2: IDEA i am interested in knowing Whether murray got stuck

1506
01:13:28,880 --> 01:13:31,000
Speaker 2: on the bridge last. Night it was raining like it's

1507
01:13:31,040 --> 01:13:33,960
Speaker 2: never rained before In. Sydney sydney has had a shocking

1508
01:13:34,080 --> 01:13:37,719
Speaker 2: summer and it poured last. Night that was flash flooding

1509
01:13:37,760 --> 01:13:40,280
Speaker 2: At Olympic park in A paramatta and a fairfield in the.

1510
01:13:40,320 --> 01:13:43,720
Speaker 2: City they were stuck on the bridge for. Hours The

1511
01:13:43,720 --> 01:13:46,080
Speaker 2: Anzac bridge was blocked for a couple of hours one hundred.

1512
01:13:46,160 --> 01:13:49,479
Speaker 2: Mills so we'll see If murray's, okay and then cover

1513
01:13:49,560 --> 01:13:51,040
Speaker 2: the news of the week In australia when we come

1514
01:13:51,080 --> 01:13:53,480
Speaker 2: back to you directly after the, news which is next.

1515
01:13:53,479 --> 01:14:06,479
Speaker 1: On the my costing bridges is this, opinionated, informed unapologetic

1516
01:14:06,680 --> 01:14:11,240
Speaker 1: the mic asking breakfast With bailey's real estate altogether better across,

1517
01:14:11,280 --> 01:14:13,160
Speaker 1: residential commercial and rural.

1518
01:14:13,240 --> 01:14:14,080
Speaker 3: News Togs head be.

1519
01:14:14,360 --> 01:14:16,120
Speaker 2: Like six k's over the limit In, sydney it's one

1520
01:14:16,200 --> 01:14:18,240
Speaker 2: hundred and forty. Bucks New zealand soft on. CRIME i

1521
01:14:18,280 --> 01:14:20,320
Speaker 2: don't know about that one hundred see twenty one k's

1522
01:14:20,360 --> 01:14:23,680
Speaker 2: one hundred and seventy. DOLLARS i, MEAN i can't. Remember in,

1523
01:14:23,680 --> 01:14:26,559
Speaker 2: FACT i don't even. Know i'm trying to think of

1524
01:14:26,560 --> 01:14:28,200
Speaker 2: a TIME i got a speeding. Ticket i'm SURE i,

1525
01:14:28,240 --> 01:14:30,360
Speaker 2: did but it was nothing like twenty one kilometers over

1526
01:14:30,400 --> 01:14:33,240
Speaker 2: the speed. Limit so but one hundred and seventy dollars

1527
01:14:33,240 --> 01:14:35,320
Speaker 2: does that put you? OFF i mean they would argue

1528
01:14:35,360 --> 01:14:38,960
Speaker 2: it's a disincentive and you change your driving habits because of.

1529
01:14:39,000 --> 01:14:41,760
Speaker 2: IT i would argue that it, isn't because if it,

1530
01:14:41,880 --> 01:14:44,000
Speaker 2: was people wouldn't get picked the way they do. Anyway

1531
01:14:44,080 --> 01:14:47,479
Speaker 2: Ian taylor Here mike email. Yesterday Ian, Taylor i'm assuming

1532
01:14:47,520 --> 01:14:49,720
Speaker 2: it's The suri And taylor as in the you, Know

1533
01:14:50,240 --> 01:14:52,920
Speaker 2: dunedin And tech driving to The New Zealand open From

1534
01:14:53,040 --> 01:14:56,920
Speaker 2: dunedin ON fsd which is full self. Driving so we

1535
01:14:56,920 --> 01:14:59,240
Speaker 2: were talking about the self driving with Any. Tesla i'm

1536
01:14:59,280 --> 01:15:03,200
Speaker 2: assuming isn't It, Tesla whether Any tesla has been sold

1537
01:15:03,240 --> 01:15:05,280
Speaker 2: with And i've written BACK i haven't heard so. Far

1538
01:15:05,360 --> 01:15:06,760
Speaker 2: BUT i wrote back to him and asked did he

1539
01:15:06,800 --> 01:15:09,200
Speaker 2: buy it or did he lease? It because we Rang

1540
01:15:09,240 --> 01:15:12,160
Speaker 2: tesla who still haven't rung back to say how many

1541
01:15:12,160 --> 01:15:14,960
Speaker 2: of these FSDs are you actually leasing or selling in this?

1542
01:15:15,000 --> 01:15:17,720
Speaker 2: Country because my argument is there's no demand for. It

1543
01:15:17,760 --> 01:15:20,120
Speaker 2: but Obviously ian's got it and good. On AND i

1544
01:15:20,120 --> 01:15:22,120
Speaker 2: was watching a bit of the golf. Yesterday the golf

1545
01:15:22,200 --> 01:15:26,160
Speaker 2: is interesting because it's At, millbrook is a beautiful. Place

1546
01:15:26,200 --> 01:15:29,840
Speaker 2: has also played At hill's old place of. Course but

1547
01:15:29,920 --> 01:15:34,080
Speaker 2: it was cold. Yesterday it was, cloudy it was, windy

1548
01:15:34,400 --> 01:15:38,479
Speaker 2: and they were wearing beanies In february in, summer so

1549
01:15:38,520 --> 01:15:40,679
Speaker 2: it just reminds you it's a very alpine. Place twenty

1550
01:15:40,680 --> 01:15:41,559
Speaker 2: two minutes away from.

1551
01:15:41,520 --> 01:15:45,680
Speaker 16: Nine International correspondence With ends And Eye, Insurance peace of

1552
01:15:45,720 --> 01:15:47,880
Speaker 16: mind For New zealand, Business, murray.

1553
01:15:47,680 --> 01:15:51,360
Speaker 12: How are you good, Morning. Mike get pretty, well, thanks pretty.

1554
01:15:51,400 --> 01:15:55,280
Speaker 12: Excited apparently Former New zealand At Prime Minister Center adert

1555
01:15:55,400 --> 01:15:58,200
Speaker 12: is looking for a home on city's northern, beaches and

1556
01:15:58,640 --> 01:16:01,160
Speaker 12: as it, happens the apartment right next door to minus for.

1557
01:16:01,280 --> 01:16:07,640
Speaker 2: Sale you're trolling, that you're trolling. Me the it's, available is?

1558
01:16:07,680 --> 01:16:09,160
Speaker 2: IT i, mean what do you what are you? Talking

1559
01:16:09,160 --> 01:16:12,479
Speaker 2: so you're in Beautiful manly and so the, apartments what

1560
01:16:12,240 --> 01:16:14,040
Speaker 2: is what sort of? Sizes and what are you? Paying

1561
01:16:14,040 --> 01:16:16,639
Speaker 2: because interestingly, Enough i'm reading a story this week the

1562
01:16:16,880 --> 01:16:20,400
Speaker 2: entry price of a house In. Sydney the headline was

1563
01:16:20,520 --> 01:16:26,080
Speaker 2: quote unquote shocking one point one five, million which is

1564
01:16:26,160 --> 01:16:29,479
Speaker 2: up sixty four percent and five years entry level In.

1565
01:16:29,560 --> 01:16:32,719
Speaker 12: Sydney, yeah and that doesn't buy you very much, Anymore,

1566
01:16:32,720 --> 01:16:35,360
Speaker 12: MIKE i can assure you one point five. Million that's

1567
01:16:35,400 --> 01:16:39,080
Speaker 12: at the lower. End a. Minute you, know the PRICE

1568
01:16:39,160 --> 01:16:41,479
Speaker 12: i remember hearing is one point seven for the.

1569
01:16:41,479 --> 01:16:44,000
Speaker 2: Median yeah, yeah that's. Average yeah, yeah, yeah that's.

1570
01:16:44,080 --> 01:16:48,040
Speaker 12: Everything the median house price one point seven apartments you

1571
01:16:48,080 --> 01:16:51,000
Speaker 12: know about one point three one point four something like.

1572
01:16:51,040 --> 01:16:54,080
Speaker 12: That and what that does is taken of, course you

1573
01:16:54,120 --> 01:16:57,599
Speaker 12: know the ridiculous fifteen twenty twenty five million dollar apartments

1574
01:16:57,600 --> 01:17:00,000
Speaker 12: that are now for, sale And sydney it's not. Uncommon

1575
01:17:01,120 --> 01:17:04,680
Speaker 12: you've got these vast piles that are selling for you,

1576
01:17:04,720 --> 01:17:07,600
Speaker 12: know multiples of. That and you've also got apartments that

1577
01:17:07,640 --> 01:17:10,080
Speaker 12: are still available in parts Of sydney for hundred million.

1578
01:17:10,120 --> 01:17:11,439
Speaker 12: Dollars but you don't get very.

1579
01:17:11,520 --> 01:17:14,360
Speaker 2: Much, no you do. Not are you still in your old?

1580
01:17:14,400 --> 01:17:14,880
Speaker 2: House have you?

1581
01:17:14,960 --> 01:17:18,080
Speaker 12: Moved, No we've been down in an apartment on the

1582
01:17:18,080 --> 01:17:21,920
Speaker 12: beach for a decade, now and just send a good

1583
01:17:21,920 --> 01:17:23,920
Speaker 12: slip in next door for about three and a half

1584
01:17:23,960 --> 01:17:25,080
Speaker 12: maybe three point seventy.

1585
01:17:25,080 --> 01:17:27,960
Speaker 2: Five have you got a bill up when you go

1586
01:17:28,040 --> 01:17:29,840
Speaker 2: to your? Balcony have you got a wall up so

1587
01:17:29,960 --> 01:17:30,519
Speaker 2: you can't see?

1588
01:17:30,520 --> 01:17:35,200
Speaker 12: You, well we would have a shared wall between, us

1589
01:17:35,240 --> 01:17:37,160
Speaker 12: but that's. All And i'll be able to show her

1590
01:17:37,200 --> 01:17:39,800
Speaker 12: how to use the stacker and the rubbishpins On. Wednesday

1591
01:17:39,840 --> 01:17:42,799
Speaker 12: And i'd be a perfect neighbor. Mate look at a swimming,

1592
01:17:42,840 --> 01:17:45,439
Speaker 12: pool you know we've got a lot of. HERE i

1593
01:17:45,520 --> 01:17:47,559
Speaker 12: look after the. Gardens it should be very much at.

1594
01:17:47,560 --> 01:17:47,880
Speaker 10: HOME i.

1595
01:17:48,000 --> 01:17:50,719
Speaker 12: Put i'd actually like a honey bit in the front

1596
01:17:50,760 --> 01:17:56,160
Speaker 12: yard for. It i'll be all over, it. Mate are you?

1597
01:17:56,280 --> 01:17:58,120
Speaker 2: Funny did you get do you get rained On.

1598
01:17:58,120 --> 01:18:02,360
Speaker 12: Yesterday bucketed, Down team. Down there was flash flooding all

1599
01:18:02,400 --> 01:18:07,640
Speaker 12: Over sydney and what was the STAT i? Heard apparently

1600
01:18:07,680 --> 01:18:11,000
Speaker 12: two hours delay on one Of sydney's busiest get home.

1601
01:18:11,040 --> 01:18:14,559
Speaker 12: Motorways it was, ridiculous. Crazy it came out of nowhere

1602
01:18:14,600 --> 01:18:17,479
Speaker 12: after days and days of appalling boody. Humidity it was

1603
01:18:17,560 --> 01:18:19,600
Speaker 12: like The Gold coast on steroids. Down it was.

1604
01:18:19,680 --> 01:18:25,280
Speaker 2: Dreadful why two part? Questions So elbow does this stupid

1605
01:18:25,320 --> 01:18:28,840
Speaker 2: question and answer In victoria and it gets pinged On Grace,

1606
01:18:28,960 --> 01:18:32,880
Speaker 2: Tame why does a guy that experienced get caught up

1607
01:18:32,920 --> 01:18:34,599
Speaker 2: in the dumb one word answer.

1608
01:18:34,640 --> 01:18:38,479
Speaker 12: GAME i don't. KNOW i honestly don't. Know you, KNOW i,

1609
01:18:38,479 --> 01:18:42,200
Speaker 12: mean you Know, andrew but the Former Prince andrew. GRUB i,

1610
01:18:42,200 --> 01:18:43,960
Speaker 12: MEAN i don't know, what as you, SAID i don't

1611
01:18:43,960 --> 01:18:45,880
Speaker 12: know why he'd even do it in the first. Place

1612
01:18:45,920 --> 01:18:51,080
Speaker 12: So andrew's a. Grub Angus taylor is the. Leader that's

1613
01:18:51,120 --> 01:18:53,640
Speaker 12: the buddy worst he's got For Angus. Taylor goodness, me

1614
01:18:53,720 --> 01:18:55,559
Speaker 12: he's a bucket full of things you can throw At Angus.

1615
01:18:55,560 --> 01:18:59,000
Speaker 12: Taylor Grace, tame former strainer of The, year not everyone's

1616
01:18:59,040 --> 01:19:02,200
Speaker 12: cup of. Tea obviously he Gave Scott morrison the best

1617
01:19:02,200 --> 01:19:05,200
Speaker 12: SIDE i you've ever, seen and he calls it difficult

1618
01:19:05,400 --> 01:19:09,600
Speaker 12: and then and then tries to cover it up with

1619
01:19:09,640 --> 01:19:13,240
Speaker 12: a live so contrived and outrageous and so Blatant. Mike

1620
01:19:13,320 --> 01:19:15,320
Speaker 12: it was like a child who hadn't done his homework

1621
01:19:15,840 --> 01:19:18,880
Speaker 12: and she's just slapped. Him, silly you don't be so

1622
01:19:19,040 --> 01:19:20,200
Speaker 12: condescending to the old.

1623
01:19:20,280 --> 01:19:23,439
Speaker 2: Man condescension old man was her line.

1624
01:19:23,439 --> 01:19:27,920
Speaker 12: Here oh, BRILLIANT i, mean and, Look elbow's making stumbles

1625
01:19:27,920 --> 01:19:30,760
Speaker 12: all the. Time is there going to be any significant

1626
01:19:30,800 --> 01:19:33,320
Speaker 12: tax reform of the. Budget there's been any number of

1627
01:19:33,400 --> 01:19:37,560
Speaker 12: stories in the last little while about the internal conflict

1628
01:19:37,600 --> 01:19:42,680
Speaker 12: Between elbow do, Nothing elbow Incremental elbow and people Like

1629
01:19:42,800 --> 01:19:45,040
Speaker 12: Jim chalmers and the young guns who want to have

1630
01:19:45,200 --> 01:19:48,240
Speaker 12: much more significant. Reform they've got ninety four seats in

1631
01:19:48,280 --> 01:19:51,960
Speaker 12: The Federal Parliament Lower, house for goodness, sake it's never

1632
01:19:52,000 --> 01:19:54,919
Speaker 12: going to be any. Better they've got an opposition in complete,

1633
01:19:54,960 --> 01:19:58,320
Speaker 12: disarray poorly Enhansomble vanish you mark my, words she will

1634
01:19:58,360 --> 01:20:00,840
Speaker 12: not get any seats in The Lower house except for

1635
01:20:00,920 --> 01:20:04,439
Speaker 12: Maybe Bartaby. JOYCE i cannot see that. Happening And elbow

1636
01:20:04,479 --> 01:20:06,479
Speaker 12: is sitting on his, hands too frightened to open the

1637
01:20:06,520 --> 01:20:09,840
Speaker 12: door in case someone goes. Booeting get going on tax.

1638
01:20:09,880 --> 01:20:15,320
Speaker 12: Reform the intergenerational wealth disaster is unfolding before everyone's. Eyes

1639
01:20:15,360 --> 01:20:18,439
Speaker 12: you mentioned median house prices In. Sydney kids can't get

1640
01:20:18,439 --> 01:20:21,680
Speaker 12: a house. Anymore there's mom and. Dad they've got millions of.

1641
01:20:21,720 --> 01:20:24,400
Speaker 2: Dollars and this is a labor. Government this is a labor.

1642
01:20:24,439 --> 01:20:27,960
Speaker 12: Government, well it's not more than a labor. GOVERNMENT i,

1643
01:20:28,000 --> 01:20:31,360
Speaker 12: mean the labor government can certainly spend a lot. Less

1644
01:20:31,520 --> 01:20:34,040
Speaker 12: and didn't the government bristle this week when the former

1645
01:20:34,120 --> 01:20:36,280
Speaker 12: boss of The Reserve bank suggest that they do just

1646
01:20:36,360 --> 01:20:40,719
Speaker 12: that well and needs start knocking anyone if anyone gets

1647
01:20:40,720 --> 01:20:44,599
Speaker 12: any any suggestion that the labor could be doing. More

1648
01:20:45,080 --> 01:20:47,519
Speaker 12: there's any number of stories around in the latter half

1649
01:20:47,520 --> 01:20:50,800
Speaker 12: of this week that the government is prepared to move

1650
01:20:50,960 --> 01:20:55,680
Speaker 12: against things like negative, gearing where you can write up.

1651
01:20:55,720 --> 01:20:58,960
Speaker 12: Losses you, know if you have investment, properties you can

1652
01:20:59,000 --> 01:21:02,680
Speaker 12: write losses off any. Number now you're going to have

1653
01:21:02,720 --> 01:21:06,160
Speaker 12: ten or twenty investment. Properties and the argument goes that

1654
01:21:06,280 --> 01:21:08,840
Speaker 12: denies young people a chance to get in the ground.

1655
01:21:08,840 --> 01:21:11,600
Speaker 12: FLOOR a suggestion now that that will be limited to

1656
01:21:11,640 --> 01:21:16,840
Speaker 12: two properties and that's what Apparently treasury has been asked to.

1657
01:21:17,560 --> 01:21:20,839
Speaker 12: Model and there's also a very strong hint the government's

1658
01:21:20,880 --> 01:21:23,560
Speaker 12: going to move to cut the CAPITAL gainst tax. Concession

1659
01:21:24,240 --> 01:21:26,800
Speaker 12: they will cut it in half in some, cases so

1660
01:21:26,920 --> 01:21:30,439
Speaker 12: predictable hows of protests and the usual rent. Seekers but

1661
01:21:30,840 --> 01:21:33,120
Speaker 12: don't look at THE gst for any. Reform it's still

1662
01:21:33,120 --> 01:21:35,920
Speaker 12: stuck at thirty twelve, percent and all these things are

1663
01:21:35,960 --> 01:21:38,559
Speaker 12: exempt that they had any, ticker any political, ticker and

1664
01:21:38,800 --> 01:21:42,120
Speaker 12: the courage to use their. Capital that's, right fifteen, percent

1665
01:21:42,160 --> 01:21:45,920
Speaker 12: maybe twenty Like. Denmark and then cut income tax to.

1666
01:21:45,960 --> 01:21:47,960
Speaker 12: PEOPLE i, mean it's just. Ridiculous that's WHAT.

1667
01:21:48,000 --> 01:21:50,160
Speaker 2: I do like and we don't do it here and we.

1668
01:21:50,200 --> 01:21:53,519
Speaker 2: Should is you got a government back five percent deposit,

1669
01:21:53,600 --> 01:21:57,240
Speaker 2: scheme so that if there's one thing that helps young

1670
01:21:57,280 --> 01:22:00,720
Speaker 2: people get into, houses it's the low deposit BECAUSE i, mean,

1671
01:22:02,120 --> 01:22:04,320
Speaker 2: well of course you've got to pay the. Mortgage of

1672
01:22:04,320 --> 01:22:06,479
Speaker 2: course you. DO i get, that BUT i mean In

1673
01:22:06,479 --> 01:22:09,240
Speaker 2: New zealand it's twenty and so if your average price

1674
01:22:09,320 --> 01:22:11,479
Speaker 2: is a, million you've got to raise two hundred thousand

1675
01:22:11,520 --> 01:22:12,840
Speaker 2: dollars and who's going to do?

1676
01:22:12,880 --> 01:22:17,360
Speaker 12: That, well very good, argument but the counter argument to,

1677
01:22:17,400 --> 01:22:19,639
Speaker 12: that and we're already seeing that play. Out we've GOT

1678
01:22:19,800 --> 01:22:21,840
Speaker 12: i don't know the last. FIGURE i still around eighty

1679
01:22:21,920 --> 01:22:24,679
Speaker 12: Thousand australians have taken advantage of this to five percent,

1680
01:22:24,720 --> 01:22:28,080
Speaker 12: deposit so they owe ninety five percent of the value

1681
01:22:28,080 --> 01:22:30,880
Speaker 12: of the. Property what happens when interest, rates as they

1682
01:22:30,920 --> 01:22:34,519
Speaker 12: did just last, month go. Up it doesn't mean much

1683
01:22:34,520 --> 01:22:37,880
Speaker 12: to people who to already own their, home doesn't mean

1684
01:22:37,960 --> 01:22:40,840
Speaker 12: much to people who've got a loan. Mortgage but if you've,

1685
01:22:40,880 --> 01:22:43,840
Speaker 12: got you, know a ninety five percent bloody balance on

1686
01:22:43,880 --> 01:22:47,439
Speaker 12: your loan, outstanding every tick of interest rates heading north is.

1687
01:22:47,520 --> 01:22:48,559
Speaker 12: Dreadful do you?

1688
01:22:48,640 --> 01:22:51,519
Speaker 2: KNOW i am just counting the number of STORIES i

1689
01:22:51,560 --> 01:22:52,960
Speaker 2: had to talk to you, about and we've run out

1690
01:22:53,000 --> 01:22:55,240
Speaker 2: of time AND i only got about. Two we're, hopeless.

1691
01:22:55,240 --> 01:22:57,040
Speaker 2: Worry we need to tighten this thing. Up we need

1692
01:22:57,080 --> 01:22:59,040
Speaker 2: to goodness, say.

1693
01:23:00,920 --> 01:23:02,800
Speaker 12: We may have a crump down The gold, coast But

1694
01:23:02,840 --> 01:23:04,800
Speaker 12: sandy the bloke is proposing it's twice at.

1695
01:23:04,880 --> 01:23:06,640
Speaker 2: Bankrupt oh, NO i didn't know that.

1696
01:23:06,760 --> 01:23:07,640
Speaker 12: Part Vegetarian.

1697
01:23:07,760 --> 01:23:09,720
Speaker 2: JACK i saw the picture AND i, thought it's not.

1698
01:23:09,800 --> 01:23:13,240
Speaker 2: Bad it's all. Right it's just another tower on the,

1699
01:23:13,280 --> 01:23:15,920
Speaker 2: coast isn't. It there comes a Point and here's the top.

1700
01:23:15,960 --> 01:23:18,000
Speaker 2: Tip you don't want to be so far up the

1701
01:23:18,040 --> 01:23:20,000
Speaker 2: tower that when you're sitting in your lounge at night

1702
01:23:20,040 --> 01:23:22,400
Speaker 2: you can't see. Anything because of COURSE i reckon pass

1703
01:23:22,400 --> 01:23:24,920
Speaker 2: about floor, twenty you lose all you're looking at is

1704
01:23:24,960 --> 01:23:25,320
Speaker 2: a dark.

1705
01:23:25,400 --> 01:23:28,640
Speaker 12: Sky, YEAH i, Know i've found that as. WELL i

1706
01:23:28,640 --> 01:23:31,600
Speaker 12: have my staff. REFLECTING i get the reflecting mirrors SO

1707
01:23:31,720 --> 01:23:33,320
Speaker 12: i can see the plebs on the ground.

1708
01:23:33,439 --> 01:23:35,880
Speaker 2: Exactly it's, difficult isn't it nice to see Your Murray

1709
01:23:35,960 --> 01:23:38,960
Speaker 2: murray olds In australia Every friday morning at fourteen to nine.

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01:23:40,360 --> 01:23:44,759
Speaker 1: The Mike Asking Breakfast Full show podcast On iHeartRadio powered

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01:23:44,800 --> 01:23:45,240
Speaker 1: By News.

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01:23:45,240 --> 01:23:48,080
Speaker 2: Talks a'd be it's eleven away from. Time so entry

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01:23:48,160 --> 01:23:51,000
Speaker 2: level house In sydney's one point one, five which is

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01:23:51,080 --> 01:23:53,280
Speaker 2: up sixty four, percent as telling you In murray at

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01:23:53,280 --> 01:23:55,519
Speaker 2: that price and average working couple between the ages of

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01:23:55,520 --> 01:23:57,840
Speaker 2: twenty five and thirty four need to, say for more

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01:23:57,840 --> 01:23:59,760
Speaker 2: than seven and a half years to get the twenty

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01:23:59,760 --> 01:24:04,120
Speaker 2: percent deposit mortgage would then theoretically chew up sixty two

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01:24:04,280 --> 01:24:07,639
Speaker 2: percent of your. Income and at that late no one's

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01:24:07,640 --> 01:24:09,479
Speaker 2: going to lead you the money. Anyway So murray was.

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01:24:09,560 --> 01:24:12,600
Speaker 2: RIGHT i, mean you can have, deposit deposit yourself to

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01:24:12,640 --> 01:24:14,040
Speaker 2: your blue in the. Face if you can't afford the,

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01:24:14,040 --> 01:24:17,080
Speaker 2: mortgage you can't afford the. Mortgage so the way they

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01:24:17,120 --> 01:24:19,120
Speaker 2: did this is they derived the entry level house price

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01:24:19,160 --> 01:24:22,639
Speaker 2: by disregarding the top three quarters of sales And Greater.

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01:24:22,680 --> 01:24:25,519
Speaker 2: Sydney this was from the three months To. December then

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01:24:25,520 --> 01:24:27,800
Speaker 2: they selected the top sales from the remaining twenty five.

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01:24:27,840 --> 01:24:30,000
Speaker 2: Percent so for all of the people The New zealanders

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01:24:30,040 --> 01:24:31,519
Speaker 2: have gone across and, go, oh tell you WHAT i

1730
01:24:31,520 --> 01:24:33,280
Speaker 2: can go such and such In sydney AND i get

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01:24:33,280 --> 01:24:34,960
Speaker 2: twenty percent, more it doesn't really matter because you can't

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01:24:34,960 --> 01:24:38,120
Speaker 2: afford a. House northern end of The Eastern suburbs is.

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01:24:38,200 --> 01:24:41,240
Speaker 2: Average Northern end of The Eastern suburbs on, average your

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01:24:41,280 --> 01:24:45,040
Speaker 2: average price In sydney three zero point four to four,

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01:24:45,120 --> 01:24:48,880
Speaker 2: Million Canada bay two point. Three to get the twenty,

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01:24:48,880 --> 01:24:52,040
Speaker 2: percent an average couple learning would need to save over

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01:24:52,120 --> 01:24:57,719
Speaker 2: sixteen years sixteen years for The Eastern suburbs and thirteen

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01:24:57,800 --> 01:25:01,519
Speaker 2: years For Canada. Bay the entry level house price rose

1739
01:25:01,760 --> 01:25:06,719
Speaker 2: fifteen percent this. Year so that's how our to control

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01:25:06,800 --> 01:25:09,160
Speaker 2: that particular market. Is so there's no way around. That

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01:25:09,200 --> 01:25:11,760
Speaker 2: so if you think we've got problems comparatively, speaking we

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01:25:11,880 --> 01:25:14,160
Speaker 2: don't night away from? Nine do you know THAT.

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01:25:14,040 --> 01:25:17,920
Speaker 3: I Make hosking breakfast With Bailey's Real Estate news togs

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01:25:18,080 --> 01:25:18,200
Speaker 3: d be?

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01:25:18,439 --> 01:25:20,439
Speaker 2: Sorry So keena can't stop? Myself did you know that

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01:25:20,479 --> 01:25:22,840
Speaker 2: over twenty six Thousand kiwis have discovered that the key

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01:25:22,880 --> 01:25:25,519
Speaker 2: to their retirement is in the walls, Basically, so this

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01:25:25,600 --> 01:25:29,880
Speaker 2: is The Heartland Bank reserve reverse mortgage which lets you

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01:25:29,920 --> 01:25:31,760
Speaker 2: unlock the value of your. Home right, so it means

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01:25:31,760 --> 01:25:34,000
Speaker 2: you can leverage the asset you own while keeping the

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01:25:34,000 --> 01:25:36,080
Speaker 2: home you. Love so here's how it. Works Your Heartland

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01:25:36,080 --> 01:25:39,200
Speaker 2: bank specialists will work out with you are the figure

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01:25:39,400 --> 01:25:41,599
Speaker 2: how much you're able to. Access there's no negative equity,

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01:25:41,640 --> 01:25:44,120
Speaker 2: guarantee means you will never own more than your home

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01:25:44,160 --> 01:25:47,120
Speaker 2: sales for no compulsory repayments when you live in the

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01:25:47,160 --> 01:25:49,439
Speaker 2: home and to help easy cash flow. Pressure that's all.

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01:25:49,439 --> 01:25:53,120
Speaker 2: Good and their lifetime occupancy promise means you continue to

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01:25:53,320 --> 01:25:55,320
Speaker 2: own and live in your home for as long as you.

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01:25:55,400 --> 01:25:58,280
Speaker 2: Choose and so what do people use this reverse mortgage

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01:25:58,280 --> 01:26:00,920
Speaker 2: for all sorts of, Things trips overseas to that those grandkits,

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01:26:00,960 --> 01:26:04,680
Speaker 2: renovations consolidating the, debt HEALTHCARE i don't know buying the

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01:26:04,680 --> 01:26:07,080
Speaker 2: motorbike you always. Wanted so if you're over, sixty unlock

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01:26:07,120 --> 01:26:09,880
Speaker 2: the possibilities of your retirement with a Heart Land bank

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01:26:09,960 --> 01:26:13,360
Speaker 2: reverse mortgage eight hundred four double eight seven forty eight

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01:26:13,439 --> 01:26:16,240
Speaker 2: hundred four eight eight seven to four to oh talk

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01:26:16,280 --> 01:26:20,040
Speaker 2: to a Specialist heartlandbank dot co DOT. NZ a responsible

1767
01:26:20,120 --> 01:26:22,439
Speaker 2: lending criteria, applies of course teas and season fees, supply

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01:26:22,520 --> 01:26:27,200
Speaker 2: But heartland dot co dot zask, like we can do

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01:26:27,280 --> 01:26:29,599
Speaker 2: loans through kying or for five. Percent there are rules

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01:26:29,600 --> 01:26:31,680
Speaker 2: around max, income but we can go to ninety. Percent that's.

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01:26:31,720 --> 01:26:33,880
Speaker 2: True there's a little bit of room for movement the

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01:26:34,000 --> 01:26:37,040
Speaker 2: lvrs and the debt to income. Ratios we do do.

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01:26:37,080 --> 01:26:39,120
Speaker 2: That some banks moving on. THAT i NOTE i can't

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01:26:39,160 --> 01:26:41,680
Speaker 2: remember which one this week joined that kyeing OR a.

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01:26:41,760 --> 01:26:43,960
Speaker 2: PROGRAM i think it might have BEEN asb and if

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01:26:43,960 --> 01:26:45,559
Speaker 2: it WASN'T asb TO B a IN z but one

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01:26:45,600 --> 01:26:48,040
Speaker 2: of the. Banks so there are mechanisms there to make

1778
01:26:48,080 --> 01:26:51,640
Speaker 2: it slightly, easier which is. Encouraging five minutes away from nine.

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01:26:52,000 --> 01:26:56,720
Speaker 1: Trending now With Chemist wells keeping kiwis healthy all year.

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01:26:56,800 --> 01:26:59,960
Speaker 2: Round Linda Booger, KING i hate fast food and, yes

1781
01:27:00,120 --> 01:27:02,160
Speaker 2: that makes me sound like a, snob but bets. Me

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01:27:02,760 --> 01:27:07,479
Speaker 2: but but IF i if you said to me you

1783
01:27:07,600 --> 01:27:11,519
Speaker 2: have to eat a commercial, BURGER i would go burger

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01:27:11,600 --> 01:27:17,920
Speaker 2: king BECAUSE i would. Anyway the, whopper WHICH i don't

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01:27:17,960 --> 01:27:20,160
Speaker 2: Think i've ever had the changing it, now they haven't

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01:27:20,240 --> 01:27:22,960
Speaker 2: changed it for ten. Years it's higher. Quality it's a

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01:27:23,000 --> 01:27:28,000
Speaker 2: higher quality. Whopper what's, changing well here Is Melina.

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01:27:28,360 --> 01:27:33,120
Speaker 23: Yukovic so what the changes are is a new premium,

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01:27:33,160 --> 01:27:36,559
Speaker 23: bun changed to the, mayonnaise and then a change to the.

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01:27:36,640 --> 01:27:39,000
Speaker 13: Packaging the, bun as you can, see has a little

1791
01:27:39,000 --> 01:27:42,439
Speaker 13: bit of a. Glaze it's, shinier so the sesame steeds

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01:27:42,479 --> 01:27:45,639
Speaker 13: also stick a little bit better than mayonnaise is becoming

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01:27:45,720 --> 01:27:49,160
Speaker 13: premier with now a sweet and citrus kind of tang to.

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01:27:49,240 --> 01:27:50,439
Speaker 10: It and the.

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01:27:50,479 --> 01:27:53,719
Speaker 23: Box the box is really important because people were complaining

1796
01:27:53,760 --> 01:27:56,479
Speaker 23: that they would get their whopper and it was completely falling.

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01:27:56,880 --> 01:28:08,200
Speaker 2: Apart was she on a television? Show? Correct, okay burger

1798
01:28:08,280 --> 01:28:11,960
Speaker 2: was getting. SMUSHED i don't even think that's a. Word premium,

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01:28:12,000 --> 01:28:14,400
Speaker 2: bun new box is going to change. It and the

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01:28:14,439 --> 01:28:16,200
Speaker 2: mayonnaise with that. CITRUSY i, mean.

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01:28:16,120 --> 01:28:17,360
Speaker 14: Who doesn't want to shiney a burger?

1802
01:28:17,400 --> 01:28:20,439
Speaker 2: BAN i worry about the. SHINE i think that shine

1803
01:28:20,479 --> 01:28:23,320
Speaker 2: is almost certainly. ARTIFICIAL i don't think there's a natural

1804
01:28:23,479 --> 01:28:27,519
Speaker 2: ingredient in the shine at. All AS i leave you

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01:28:27,520 --> 01:28:29,880
Speaker 2: for the, WEEKEND i wish you all the happiness in the,

1806
01:28:29,880 --> 01:28:33,040
Speaker 2: world and you, know recreational sex and. DRINKING i don't

1807
01:28:33,040 --> 01:28:36,720
Speaker 2: know whatever you want to do over the. WEEKEND i

1808
01:28:36,720 --> 01:28:39,519
Speaker 2: can tell you That Liam lawson is on the program

1809
01:28:39,560 --> 01:28:44,200
Speaker 2: next week in the, studio me And. Liam my fear

1810
01:28:44,360 --> 01:28:52,040
Speaker 2: is once we start, talking it won't. Stop But green

1811
01:28:52,080 --> 01:28:53,200
Speaker 2: can take me off here or something.

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01:28:53,280 --> 01:28:56,800
Speaker 14: HERE i can literally just tell carry on talking all.

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01:28:56,840 --> 01:28:57,840
Speaker 2: Day if you want happy.

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01:28:57,920 --> 01:29:02,840
Speaker 1: Days more from The Mic Asking. Breakfast listen live To

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01:29:02,920 --> 01:29:06,000
Speaker 1: News talks AT b from six am, weekdays or follow

1816
01:29:06,040 --> 01:29:06,800
Speaker 1: the podcast On.

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01:29:06,880 --> 01:29:07,560
Speaker 3: iHeartRadio