1
00:00:00,160 --> 00:00:04,040
Speaker 1: The newsmakers and the personalities the big names talk to

2
00:00:04,200 --> 00:00:08,400
Speaker 1: Mike the mic Hosking, Breakfast with a Vita, Retirement Communities,

3
00:00:08,640 --> 00:00:10,800
Speaker 1: Life Your Way, News togs Head been.

4
00:00:10,720 --> 00:00:13,159
Speaker 2: Dawning and welcome today good news on energy as a

5
00:00:13,240 --> 00:00:15,760
Speaker 2: small que forms for those looking to explore our resource.

6
00:00:15,800 --> 00:00:17,840
Speaker 2: We're back in the business of looking for teachers as well.

7
00:00:17,880 --> 00:00:19,720
Speaker 2: God claimed that one of the big banks is messing

8
00:00:19,800 --> 00:00:23,200
Speaker 2: with our mortgages for more profit. Glare chick talk sailing

9
00:00:23,280 --> 00:00:26,240
Speaker 2: really really fast? Are Catherine Fields in France? Rod Little

10
00:00:26,280 --> 00:00:28,960
Speaker 2: one of the few who seems to have not defected.

11
00:00:28,600 --> 00:00:30,920
Speaker 3: To reform pasking.

12
00:00:30,840 --> 00:00:33,040
Speaker 2: Welcome to the day. Seven past six, twenty twenty six

13
00:00:33,080 --> 00:00:36,919
Speaker 2: holds the most promise in years. Mike Jones, economist at

14
00:00:36,920 --> 00:00:39,400
Speaker 2: the ASP, said that like all numbers men, he's had

15
00:00:39,400 --> 00:00:40,960
Speaker 2: to look at the year ahead. How to think about

16
00:00:41,000 --> 00:00:44,919
Speaker 2: what we're in for. Uncertainty is one absolute. Personally, I'm

17
00:00:44,920 --> 00:00:47,440
Speaker 2: finding it a mix of fascinating, stimulating and exciting at

18
00:00:47,440 --> 00:00:50,400
Speaker 2: the moment, ram I mad The rules globally, of course,

19
00:00:50,400 --> 00:00:52,320
Speaker 2: are being rewritten in front of our eyes. Tests of

20
00:00:52,360 --> 00:00:55,240
Speaker 2: all sorts of leadership and backbones are being played out daily,

21
00:00:55,680 --> 00:00:57,360
Speaker 2: and as an observer at the bottom of the world.

22
00:00:57,440 --> 00:00:59,000
Speaker 2: Know there isn't a lot you can do about it,

23
00:00:59,040 --> 00:01:00,920
Speaker 2: but boy, it's unreal to watch at the moment, don't

24
00:01:00,960 --> 00:01:03,400
Speaker 2: you think. And from what I've learned so far, this

25
00:01:03,480 --> 00:01:06,680
Speaker 2: all enhances us as a place of some respite and escape.

26
00:01:06,720 --> 00:01:08,240
Speaker 2: I think we're going to be fine. But back to

27
00:01:08,280 --> 00:01:11,480
Speaker 2: the year, things basically are looking up. And that is

28
00:01:11,520 --> 00:01:13,160
Speaker 2: why you got what you got in the PM State

29
00:01:13,200 --> 00:01:16,399
Speaker 2: of the Nation yesterday. Nothing specific. If you read Richard

30
00:01:16,400 --> 00:01:18,200
Speaker 2: Prebble's piece which was very good a week or so

31
00:01:18,280 --> 00:01:20,120
Speaker 2: back in the Herald, he mentioned the amount of reform

32
00:01:20,200 --> 00:01:23,560
Speaker 2: this government is undertaken. And in that observation is your

33
00:01:23,600 --> 00:01:26,920
Speaker 2: answer to the speech. Given all that's going on, all

34
00:01:26,920 --> 00:01:28,839
Speaker 2: that you had to unfold and play out, why would

35
00:01:28,880 --> 00:01:31,080
Speaker 2: you need to drop anything new. Say whatever you want

36
00:01:31,120 --> 00:01:33,040
Speaker 2: about the Prime Minister, but he's working pretty hard at

37
00:01:33,040 --> 00:01:35,640
Speaker 2: being the adult in the room. True to the business background.

38
00:01:35,840 --> 00:01:38,600
Speaker 2: This is about the big picture, about decisions, big decisions,

39
00:01:38,600 --> 00:01:41,840
Speaker 2: the foundations, the long term deal. The foundations have or

40
00:01:41,880 --> 00:01:44,559
Speaker 2: are being put in place. The election is about showing

41
00:01:44,600 --> 00:01:47,000
Speaker 2: us some results. That's where the Jones observation comes in.

42
00:01:47,040 --> 00:01:49,800
Speaker 2: And also to remind us that professionals hold the reins

43
00:01:49,800 --> 00:01:51,280
Speaker 2: and this is all going to pay off over the

44
00:01:51,280 --> 00:01:54,880
Speaker 2: next period of time. Whether enough of it is evident

45
00:01:54,920 --> 00:01:57,320
Speaker 2: to your average voter is of course what makes this

46
00:01:57,400 --> 00:02:00,320
Speaker 2: year gripping. As always, there will be no shortage those

47
00:02:00,360 --> 00:02:02,920
Speaker 2: telling us you what mess, it's all gone wrong and

48
00:02:03,000 --> 00:02:05,080
Speaker 2: only they can help. But the key to the speech

49
00:02:05,160 --> 00:02:08,760
Speaker 2: yesterday was the fact that there were no lollies, no enticements,

50
00:02:08,960 --> 00:02:11,200
Speaker 2: for they would have been seen surely as signs of

51
00:02:11,240 --> 00:02:14,840
Speaker 2: panic bribery. And election year is the surest indicator that the

52
00:02:14,840 --> 00:02:17,520
Speaker 2: people who run the joint of freaking out. The speech yesterday,

53
00:02:17,560 --> 00:02:20,360
Speaker 2: with its outline, its vision, its reassurance, it's a good

54
00:02:20,440 --> 00:02:23,560
Speaker 2: sign they feel good about the direction of travel as well.

55
00:02:23,560 --> 00:02:27,600
Speaker 2: They might from manufacturing to confidence to GDP. As Jones says,

56
00:02:27,840 --> 00:02:31,440
Speaker 2: twenty six holds the most promise in years.

57
00:02:31,960 --> 00:02:35,600
Speaker 3: Wow, news of the world in ninety seconds.

58
00:02:35,600 --> 00:02:38,400
Speaker 2: So we begin with record amounts of anks around Greenland's

59
00:02:38,400 --> 00:02:40,240
Speaker 2: The key has been rolled out to try his best.

60
00:02:40,280 --> 00:02:45,840
Speaker 4: Any decision about the future status of Greenland belongs to

61
00:02:45,919 --> 00:02:50,359
Speaker 4: the people of Greenland and the Kingdom of Denmark alone.

62
00:02:50,760 --> 00:02:55,520
Speaker 4: The use of tariffs against allies is completely wrong.

63
00:02:55,880 --> 00:02:58,200
Speaker 2: In Darbos, where all the money lovees gather this time

64
00:02:58,200 --> 00:02:59,920
Speaker 2: of year. Of course the IMF, they're trying hard to

65
00:03:00,040 --> 00:03:01,160
Speaker 2: run the old free trade line.

66
00:03:01,200 --> 00:03:04,440
Speaker 5: Increasing tariffs is something that will hurt both the country

67
00:03:04,440 --> 00:03:07,000
Speaker 5: that is putting the tariffs on, as we've seen as

68
00:03:07,000 --> 00:03:09,720
Speaker 5: have just discuabed for the case of the US, of course,

69
00:03:09,760 --> 00:03:12,079
Speaker 5: it's also hurning other countries.

70
00:03:12,360 --> 00:03:15,720
Speaker 2: But as the red of the lib dims, if it's

71
00:03:15,760 --> 00:03:17,760
Speaker 2: tried bazooka time, then how about we grow up.

72
00:03:17,919 --> 00:03:20,120
Speaker 6: I was a bit disappointed by the Prime Minister at

73
00:03:20,120 --> 00:03:23,920
Speaker 6: its prefit conference when he took retality tariffs off the table.

74
00:03:24,200 --> 00:03:26,840
Speaker 6: The only wants them, but we need to work with

75
00:03:26,880 --> 00:03:30,079
Speaker 6: our European allies they've kept on the table. That's the

76
00:03:30,120 --> 00:03:32,080
Speaker 6: sort of language that Trump might listen to.

77
00:03:32,360 --> 00:03:34,640
Speaker 2: Tied into all of us through the revelation that Trumpy

78
00:03:34,639 --> 00:03:37,040
Speaker 2: went ballistic after we got a letter from Norway oversee

79
00:03:37,080 --> 00:03:39,320
Speaker 2: tariffs and all of a sudden peace and nobills or

80
00:03:39,360 --> 00:03:41,680
Speaker 2: the back of them, and what's really important.

81
00:03:41,360 --> 00:03:43,880
Speaker 7: Considering your country decided not to give me the Nobel

82
00:03:43,880 --> 00:03:46,840
Speaker 7: Peace Prize for having stopped eight wars plus I no

83
00:03:46,880 --> 00:03:49,920
Speaker 7: longer feel an obligation to think purely of peace. Denmark

84
00:03:49,960 --> 00:03:52,640
Speaker 7: cannot protect that land from Russia or China. And why

85
00:03:52,680 --> 00:03:54,920
Speaker 7: do they have a right of ownership Anyway, it's only

86
00:03:54,960 --> 00:03:57,000
Speaker 7: their boat landed there hundreds of years ago.

87
00:03:57,200 --> 00:04:00,880
Speaker 2: Meantime, in London, US American relations have never bitter. Speaker

88
00:04:00,920 --> 00:04:05,360
Speaker 2: Johnson meet speak of oil. You know a special relationship.

89
00:04:05,880 --> 00:04:06,880
Speaker 2: We've got to make it a.

90
00:04:07,080 --> 00:04:08,600
Speaker 3: Very special relationship.

91
00:04:08,960 --> 00:04:10,360
Speaker 2: Oh we've got a tribe double.

92
00:04:10,920 --> 00:04:13,320
Speaker 8: Speaking of a very special relationship. I like that.

93
00:04:13,320 --> 00:04:13,960
Speaker 9: That's a good theme.

94
00:04:14,000 --> 00:04:14,600
Speaker 10: I'm going to pick up.

95
00:04:15,400 --> 00:04:18,560
Speaker 2: So it's an important time, right, yes, yes, yes, Then

96
00:04:18,600 --> 00:04:20,760
Speaker 2: to this train disaster and Spain, the PM's travel to

97
00:04:20,800 --> 00:04:22,320
Speaker 2: the site and done what PM's do.

98
00:04:22,360 --> 00:04:23,080
Speaker 3: Missmo Momento.

99
00:04:23,800 --> 00:04:28,279
Speaker 11: I think from the very moment when it's tragedy occurred,

100
00:04:29,040 --> 00:04:33,359
Speaker 11: the government has acted as it should do, inunity and

101
00:04:33,400 --> 00:04:36,240
Speaker 11: a coordinated fashion and with loyalty.

102
00:04:36,880 --> 00:04:39,320
Speaker 2: And that was news of the world in ninety I

103
00:04:39,480 --> 00:04:41,320
Speaker 2: begain to by the way. I think I started talking

104
00:04:41,360 --> 00:04:43,040
Speaker 2: about this before I left for the holiday, so it's

105
00:04:43,040 --> 00:04:44,680
Speaker 2: been going on a while. Anyway, they got around to

106
00:04:44,720 --> 00:04:48,679
Speaker 2: the presidential vote. I use the word vote really loosely. Anyway,

107
00:04:48,839 --> 00:04:51,320
Speaker 2: Miss seventy who was running the place, is going to

108
00:04:51,320 --> 00:04:53,200
Speaker 2: be running the place against seventy percent of the voters

109
00:04:53,200 --> 00:04:55,160
Speaker 2: and He's got seventy five percent of the actual vote

110
00:04:55,160 --> 00:04:57,640
Speaker 2: from seventy percent. Bobby Wine, who was against him. I

111
00:04:57,640 --> 00:04:59,560
Speaker 2: think he was a singer once. Anyway, they randed him up.

112
00:04:59,560 --> 00:05:03,160
Speaker 2: He's just that's how it goes in You again did

113
00:05:03,240 --> 00:05:04,280
Speaker 2: twelve past six.

114
00:05:06,279 --> 00:05:11,159
Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio, followed

115
00:05:11,160 --> 00:05:12,159
Speaker 1: by News Talks EB.

116
00:05:14,240 --> 00:05:16,240
Speaker 2: Now, the good news is Syria's cutter deal. There's a

117
00:05:16,279 --> 00:05:19,360
Speaker 2: peace deal. The immediate nationwide ceasefire they've been scrapping with

118
00:05:19,400 --> 00:05:22,160
Speaker 2: the SDF, which is the Kurdish led Syrian Democratic Forces

119
00:05:22,320 --> 00:05:25,040
Speaker 2: of the government be the forces a couple of weeks

120
00:05:25,040 --> 00:05:28,200
Speaker 2: of fighting, a fourteen point plan. The Americans are involved,

121
00:05:28,240 --> 00:05:30,080
Speaker 2: so Trump will probably say that's war number nine. I

122
00:05:30,080 --> 00:05:32,320
Speaker 2: don't know, but any ideals a deal fourteen passed.

123
00:05:32,320 --> 00:05:34,760
Speaker 3: Well, I went to my brother from.

124
00:05:35,880 --> 00:05:38,640
Speaker 2: Breg Smith morning to you Morning to Mike. Five percent

125
00:05:38,680 --> 00:05:40,120
Speaker 2: from China. Do we like that or not?

126
00:05:40,640 --> 00:05:43,400
Speaker 12: Well, the headline number was pretty good, being in line

127
00:05:43,400 --> 00:05:45,360
Speaker 12: with the gunment's target, But yeah, I think just some

128
00:05:45,480 --> 00:05:47,960
Speaker 12: question marks over the quality and yeah, particularly what it

129
00:05:48,000 --> 00:05:51,560
Speaker 12: was driven by. So exports. They accounted for the largest

130
00:05:51,600 --> 00:05:57,159
Speaker 12: year of growth since nineteen eight ninety seven record one

131
00:05:57,200 --> 00:06:00,200
Speaker 12: point two trillion dollar trade. Sip plet's that way, it's

132
00:06:00,360 --> 00:06:04,120
Speaker 12: too well of the White House. And yeah, the domestic

133
00:06:04,160 --> 00:06:07,800
Speaker 12: story pretty weak. So Chinese stocks actually finished the session

134
00:06:07,839 --> 00:06:09,920
Speaker 12: fairly flat, which gives you a bit.

135
00:06:10,120 --> 00:06:10,719
Speaker 9: Bit of a clue.

136
00:06:10,760 --> 00:06:14,120
Speaker 12: So just looking below the headline number, growth slowed in

137
00:06:14,160 --> 00:06:16,280
Speaker 12: the December quarter four and a half percent. That was

138
00:06:16,320 --> 00:06:19,800
Speaker 12: the weakest since post COVID reopening. Industrial output that was

139
00:06:19,800 --> 00:06:21,919
Speaker 12: a good story. There was up five point nine percent,

140
00:06:21,960 --> 00:06:25,799
Speaker 12: that's the strongest since twenty twenty one. Five percent December line,

141
00:06:25,839 --> 00:06:30,080
Speaker 12: but retail sales are just three point seven percent high

142
00:06:30,240 --> 00:06:32,840
Speaker 12: for the year. They've been trying to obviously increased household demand,

143
00:06:32,960 --> 00:06:36,160
Speaker 12: it's not quite working. Consumers still under pressure from the

144
00:06:36,200 --> 00:06:39,480
Speaker 12: housing slump. Speaking of that, property investment that was down

145
00:06:39,760 --> 00:06:43,360
Speaker 12: seventeen percent. So the Malaysia is not really getting any better,

146
00:06:43,400 --> 00:06:47,239
Speaker 12: no real sign of recovery. John Markett's still relatively weak

147
00:06:47,320 --> 00:06:50,200
Speaker 12: in deflation if you look at the nominal growth just

148
00:06:50,279 --> 00:06:53,360
Speaker 12: four percent, So deflation for the third straight years. So

149
00:06:53,760 --> 00:06:56,600
Speaker 12: I suppose in addition to the quality Mike, you know,

150
00:06:56,640 --> 00:06:59,960
Speaker 12: there's I suppose investors are wondering when this stimnus Berzuk

151
00:07:00,160 --> 00:07:02,279
Speaker 12: is going to come. But it appears positive makers are

152
00:07:02,320 --> 00:07:06,640
Speaker 12: choosing stability over stimulus. I don't want another property bubble

153
00:07:06,720 --> 00:07:09,880
Speaker 12: or igniting that and blowing out debts. So I suppose

154
00:07:09,920 --> 00:07:12,640
Speaker 12: that's the big risk here. And also that demand at

155
00:07:12,640 --> 00:07:14,560
Speaker 12: home is going to remain weak, and that means that

156
00:07:14,640 --> 00:07:17,760
Speaker 12: Chinese firms are going to pursue exports more aggressively, and

157
00:07:17,840 --> 00:07:19,960
Speaker 12: that's not going to sit well with the US and Europe.

158
00:07:20,160 --> 00:07:22,720
Speaker 2: No, it is not speaking of China to say two things. Interesting.

159
00:07:22,720 --> 00:07:25,520
Speaker 2: So the birth rate's down. A two's on hold, Yeah,

160
00:07:25,560 --> 00:07:26,480
Speaker 2: that's yeah for sure.

161
00:07:26,520 --> 00:07:29,240
Speaker 12: So that the birth rate was a question actually over

162
00:07:29,280 --> 00:07:31,560
Speaker 12: what the announcement was going to come from. Sort of

163
00:07:31,600 --> 00:07:34,600
Speaker 12: A two just went to a training hold in Australia. Anyway,

164
00:07:34,680 --> 00:07:37,160
Speaker 12: not much really happened here, but yeah, the shares were

165
00:07:37,200 --> 00:07:41,680
Speaker 12: down significantly on the day, down ten percent. So birth

166
00:07:41,720 --> 00:07:44,640
Speaker 12: rate fell to its lowest since nineteen forty nine. China

167
00:07:44,760 --> 00:07:48,920
Speaker 12: is the largest market for A two and it's the

168
00:07:48,960 --> 00:07:51,600
Speaker 12: fourth largest brand there, so it certainly has a big impact.

169
00:07:52,160 --> 00:07:56,000
Speaker 12: Seven point nine million babies that was down seventeen percent

170
00:07:56,520 --> 00:07:58,760
Speaker 12: on the years. It was much worse than expected. A

171
00:07:58,840 --> 00:08:01,160
Speaker 12: number of births per thousand people that's five point six

172
00:08:01,520 --> 00:08:04,920
Speaker 12: that's the lowest since the founding of the People's Republic.

173
00:08:05,040 --> 00:08:08,720
Speaker 12: So Beijing's obviously been trying to get people to have kids,

174
00:08:08,760 --> 00:08:11,080
Speaker 12: rolling out subseeds that's not really working. Of course, they

175
00:08:11,160 --> 00:08:14,200
Speaker 12: abandoned those birth controls, as most people would know back

176
00:08:14,240 --> 00:08:19,679
Speaker 12: in twenty sixteen. But yeah, changing views on marriage, education, rapidabilization,

177
00:08:19,800 --> 00:08:23,200
Speaker 12: also just higher cost of raising children, so we did

178
00:08:23,240 --> 00:08:24,920
Speaker 12: see a bit of a false dam I suppose the

179
00:08:24,960 --> 00:08:27,160
Speaker 12: Year of the Dragon twenty twenty four things got a

180
00:08:27,200 --> 00:08:29,720
Speaker 12: bit exciting in terms of birth rates, but that looks

181
00:08:29,800 --> 00:08:31,800
Speaker 12: now to be a bit of an outlier. So yeah,

182
00:08:31,800 --> 00:08:35,600
Speaker 12: a fewer babies, tougher industry for infant milk. I suppose

183
00:08:35,720 --> 00:08:37,400
Speaker 12: one positive if we want to look flip it and

184
00:08:37,400 --> 00:08:40,160
Speaker 12: look at it that way for a two. Yeah, the

185
00:08:40,160 --> 00:08:43,839
Speaker 12: birth rate's been a week for some time, stripping out

186
00:08:43,880 --> 00:08:46,960
Speaker 12: twenty twenty four, and they'll be taking market share they've

187
00:08:46,960 --> 00:08:50,800
Speaker 12: been posishing themselves as a premium offering. And also marriages

188
00:08:50,880 --> 00:08:53,880
Speaker 12: actually rose in twenty twenty five, so that's one positive.

189
00:08:53,880 --> 00:08:56,240
Speaker 12: That's up around about ten percent year on year in China.

190
00:08:56,280 --> 00:08:58,920
Speaker 12: That's as you would expect a leading indicator for birth.

191
00:08:59,000 --> 00:09:01,360
Speaker 12: So maybe we get avery in twenty twenty six. But

192
00:09:01,800 --> 00:09:03,600
Speaker 12: I guess the real question are we going to have

193
00:09:03,720 --> 00:09:07,720
Speaker 12: persistently low birth rates? Is just something structural really relevant

194
00:09:07,720 --> 00:09:10,000
Speaker 12: to A two and a bit of a lagger as well.

195
00:09:10,040 --> 00:09:13,280
Speaker 12: Most their products are for kids six months plus, so

196
00:09:14,280 --> 00:09:16,200
Speaker 12: A two have been pretty tight lit. We might have

197
00:09:16,200 --> 00:09:18,240
Speaker 12: to wait till the results in MIDFIEB are expected to

198
00:09:18,280 --> 00:09:21,520
Speaker 12: be good. But let's see, right, I need the numbers

199
00:09:21,600 --> 00:09:21,960
Speaker 12: very good.

200
00:09:22,000 --> 00:09:22,200
Speaker 2: Okay.

201
00:09:22,320 --> 00:09:25,839
Speaker 12: The youth markets are closed for Martin Luther King Junior Day,

202
00:09:25,920 --> 00:09:28,120
Speaker 12: so not much happening there, but the rest of it's

203
00:09:28,160 --> 00:09:31,360
Speaker 12: pretty weak. FOOTS one hundred down point four percent, ten

204
00:09:31,400 --> 00:09:34,199
Speaker 12: one nine eight stocks fifty in Europe down one point

205
00:09:34,240 --> 00:09:37,600
Speaker 12: six percent. Obviously, den they're not going to devosae and

206
00:09:37,640 --> 00:09:40,600
Speaker 12: Germany said the Trumps across a red line Shango compost

207
00:09:40,600 --> 00:09:43,280
Speaker 12: it up point three percent, but the hang sing down

208
00:09:43,360 --> 00:09:46,080
Speaker 12: one point one percent. Nicky that was down point sixty

209
00:09:46,080 --> 00:09:49,160
Speaker 12: five percent. Got a snap election, fairbaight a SX two

210
00:09:49,240 --> 00:09:51,520
Speaker 12: hundred down point three percent, eight eight seven four indets

211
00:09:51,559 --> 00:09:54,600
Speaker 12: fifty are we're one percent lower A two eight as

212
00:09:54,760 --> 00:09:57,520
Speaker 12: fish and Pocal Healthcare down one point four percent. Injets

213
00:09:57,600 --> 00:10:01,320
Speaker 12: fifty thirteen five eighty plenty of action. Precious metals mike

214
00:10:01,720 --> 00:10:04,880
Speaker 12: record highs for gold it's up two percent four thousand,

215
00:10:04,920 --> 00:10:07,920
Speaker 12: six hundred and seven and ounce, so cocktail uncertainly there

216
00:10:07,920 --> 00:10:11,840
Speaker 12: and silver high ho that's up to four percent ninety

217
00:10:11,920 --> 00:10:15,480
Speaker 12: four an ounce. That is also a record. Oil up

218
00:10:15,480 --> 00:10:19,520
Speaker 12: eleven cents fifty nine spot fifty five. For WTI currency markets,

219
00:10:19,760 --> 00:10:22,280
Speaker 12: the Kiwi is up against most of the majors, so

220
00:10:22,760 --> 00:10:25,200
Speaker 12: point seven percent against the US fifty seven spot ninety

221
00:10:25,240 --> 00:10:27,959
Speaker 12: four a dollar a high eighty six point twenty nine

222
00:10:28,120 --> 00:10:30,640
Speaker 12: British pound we are forty three point one, and the

223
00:10:30,720 --> 00:10:33,240
Speaker 12: Japanese gen we're at point seven percent higher as well,

224
00:10:33,480 --> 00:10:34,320
Speaker 12: ninety one point six.

225
00:10:34,480 --> 00:10:36,280
Speaker 2: Yeah, great day, mate, ketch up to morrow. Greg Smith

226
00:10:36,320 --> 00:10:40,880
Speaker 2: from Generate Wealth Anti Kiwi Saber specialist PASKI good news.

227
00:10:40,720 --> 00:10:44,200
Speaker 2: I mentioned it briefly yesterday. We cannot get over flying.

228
00:10:44,280 --> 00:10:47,439
Speaker 2: We love flying. This record five point two billion passengers

229
00:10:47,480 --> 00:10:51,760
Speaker 2: projected globally for this year, five point two billion profits

230
00:10:52,200 --> 00:10:54,720
Speaker 2: last year thirty nine point five billion. This is US

231
00:10:54,840 --> 00:10:57,120
Speaker 2: money this year they think forty one, so that's going up.

232
00:10:57,520 --> 00:10:59,320
Speaker 2: And air freight seems to be a goer as well.

233
00:10:59,360 --> 00:11:02,760
Speaker 2: There's three hundred sixty yearlines representing eighty percent of global traffic,

234
00:11:02,840 --> 00:11:06,840
Speaker 2: so yet another year potentially of record breaking air travel.

235
00:11:07,000 --> 00:11:09,760
Speaker 2: Six twenty one. Here a News Talks. It'd be.

236
00:11:12,040 --> 00:11:16,520
Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio powered

237
00:11:16,559 --> 00:11:17,520
Speaker 1: by News Talks.

238
00:11:17,320 --> 00:11:21,200
Speaker 2: At b morriying Mike. I heard Chris Hipkins criticizing Luxon

239
00:11:21,280 --> 00:11:22,800
Speaker 2: on the cost of living after the State of the

240
00:11:22,880 --> 00:11:25,240
Speaker 2: Nation yesterday Heart to take him seriously when labor left

241
00:11:25,240 --> 00:11:27,520
Speaker 2: New Zealand and the massive economic hole was still digging

242
00:11:27,559 --> 00:11:29,800
Speaker 2: out of I was kind of I mean I watched obviously,

243
00:11:29,840 --> 00:11:32,000
Speaker 2: I watched the whole speech, and because I'm a nerd

244
00:11:32,080 --> 00:11:33,959
Speaker 2: like that, but if I was to give lucks in one,

245
00:11:34,000 --> 00:11:35,600
Speaker 2: I mean, I wasn't surprised there was nothing in there

246
00:11:35,640 --> 00:11:38,160
Speaker 2: because he said earlier on the day on our program

247
00:11:38,240 --> 00:11:40,200
Speaker 2: there's nothing in there, and nor should there have been,

248
00:11:40,240 --> 00:11:42,360
Speaker 2: as I just tried to articulate at the beginning of

249
00:11:42,360 --> 00:11:43,920
Speaker 2: the show. But if I was to give lucks and

250
00:11:43,960 --> 00:11:47,080
Speaker 2: some advice, he's low energy. He needs to be more energy.

251
00:11:47,120 --> 00:11:49,000
Speaker 2: He was in a big room and the audience were

252
00:11:49,120 --> 00:11:51,800
Speaker 2: either bored or boring, or accommodation of both one or

253
00:11:51,840 --> 00:11:53,320
Speaker 2: the other. It was low key. The whole thing was

254
00:11:53,320 --> 00:11:55,760
Speaker 2: low key, and he had a good message to sell,

255
00:11:55,800 --> 00:11:58,080
Speaker 2: but by the end of the speech is seemingly run

256
00:11:58,120 --> 00:12:00,920
Speaker 2: out a puff, you know, physically run out a puff.

257
00:12:00,920 --> 00:12:03,360
Speaker 2: He needs to sell himself more. But as for Hipkins,

258
00:12:03,440 --> 00:12:05,920
Speaker 2: you can't take I mean management mumbo jumbo. Is that

259
00:12:05,960 --> 00:12:09,040
Speaker 2: all Hipkins has got to say? Really? I mean, why

260
00:12:09,040 --> 00:12:10,760
Speaker 2: would you go to Hipkins? I would go to Hipkins

261
00:12:10,800 --> 00:12:13,240
Speaker 2: if I'm the media this year, in election year, I'm

262
00:12:13,280 --> 00:12:15,080
Speaker 2: gonna go to Hipkins and go, do you have anything

263
00:12:15,120 --> 00:12:16,680
Speaker 2: interesting to say about that? Or are you just going

264
00:12:16,720 --> 00:12:18,760
Speaker 2: to run it down in a boring, tedious sort of way.

265
00:12:18,800 --> 00:12:20,280
Speaker 2: The way you run down things in a bor is

266
00:12:20,600 --> 00:12:22,880
Speaker 2: boring tedious way all the time. And if he goes well,

267
00:12:22,880 --> 00:12:24,880
Speaker 2: I was just going to say, it's management mumbo jumbo.

268
00:12:24,880 --> 00:12:27,520
Speaker 2: Don't worry about it. See Simon Bridges at least, who

269
00:12:27,600 --> 00:12:30,040
Speaker 2: was there, said I would have liked to have seen

270
00:12:30,120 --> 00:12:34,160
Speaker 2: a bigger vision. Now that's a fair criticism, so I'll

271
00:12:34,160 --> 00:12:36,920
Speaker 2: cover Simon Bridges, but nos Chris Hipkins. Anyway, I gave

272
00:12:36,920 --> 00:12:38,160
Speaker 2: it about a six out of ten.

273
00:12:38,120 --> 00:12:43,240
Speaker 13: Six twenty five trending now is chimisweus your home of

274
00:12:43,320 --> 00:12:44,239
Speaker 13: summer assentsures?

275
00:12:44,480 --> 00:12:48,959
Speaker 2: Movie time Zootopia two highest grossing animated film of all time,

276
00:12:49,559 --> 00:12:51,400
Speaker 2: so it's now pulled in two point nine four billion.

277
00:12:51,440 --> 00:12:54,200
Speaker 2: This is New Zealand dollars is at the global box office,

278
00:12:54,600 --> 00:12:57,440
Speaker 2: which means it puts Inside Out two at two point

279
00:12:57,520 --> 00:13:00,280
Speaker 2: ninety billion into second place. Came out in the member

280
00:13:00,320 --> 00:13:02,120
Speaker 2: still in the theater, so the money is still rolling

281
00:13:02,120 --> 00:13:04,480
Speaker 2: and tells the story, of course, of Detective Judy hops

282
00:13:04,920 --> 00:13:07,760
Speaker 2: Nick Wilde, who find themselves on the twisting trail of

283
00:13:07,760 --> 00:13:11,800
Speaker 2: a mysterious reptile who turns the mammal metropolis of Utopia up.

284
00:13:12,640 --> 00:13:17,400
Speaker 3: Now snake has set foot in Utopia. In for references, Who's.

285
00:13:22,040 --> 00:13:22,520
Speaker 14: Snakes?

286
00:13:22,640 --> 00:13:23,920
Speaker 3: I'm the bad guys.

287
00:13:24,080 --> 00:13:26,520
Speaker 15: I have to set things right, and when I do,

288
00:13:26,840 --> 00:13:30,240
Speaker 15: my family will finally be able to come home.

289
00:13:31,559 --> 00:13:34,600
Speaker 3: Who Pops and whiles dream Team.

290
00:13:34,440 --> 00:13:35,400
Speaker 16: For graz.

291
00:13:36,559 --> 00:13:39,479
Speaker 2: Utopia has a secret reptile population.

292
00:13:39,760 --> 00:13:40,199
Speaker 3: Just let me.

293
00:13:40,160 --> 00:13:43,959
Speaker 17: Handle the local Hey bub hey hey bob, Hey bub

294
00:13:44,000 --> 00:13:50,520
Speaker 17: hey bub bub hey, hey Bob seeing a snake, maybe.

295
00:13:50,200 --> 00:13:52,320
Speaker 3: Everyone will see reptiles.

296
00:13:52,440 --> 00:13:53,360
Speaker 18: Ain't that different?

297
00:13:56,720 --> 00:13:59,080
Speaker 2: First ever time film remains the highest grossing film of

298
00:13:59,120 --> 00:14:01,240
Speaker 2: all time. It's more over five billion, but I don't

299
00:14:01,240 --> 00:14:02,680
Speaker 2: think it's going to be anymore if you have listened

300
00:14:02,720 --> 00:14:07,360
Speaker 2: to James Cameron just before Christmas song sung Blue very good.

301
00:14:07,760 --> 00:14:10,000
Speaker 2: I didn't go because it's at the movies, not on streaming,

302
00:14:10,040 --> 00:14:11,680
Speaker 2: and I don't go to the movies. But my wife

303
00:14:11,679 --> 00:14:14,520
Speaker 2: did with other people and she said, very very, very

304
00:14:14,720 --> 00:14:15,240
Speaker 2: very good.

305
00:14:15,600 --> 00:14:18,480
Speaker 14: Yes, I went to it as well. I went and

306
00:14:18,480 --> 00:14:19,440
Speaker 14: saw it at Madicano.

307
00:14:19,480 --> 00:14:21,160
Speaker 2: Actually she saw it at Madicanno.

308
00:14:21,320 --> 00:14:23,280
Speaker 14: Yeah, yeah, I noticed you were there.

309
00:14:23,720 --> 00:14:30,320
Speaker 2: She land Man last Night last episode of the second season.

310
00:14:30,400 --> 00:14:33,080
Speaker 2: If you haven't watched that, spoiler, I haven't watched it yet. No, no,

311
00:14:33,080 --> 00:14:35,440
Speaker 2: I'm not going to spoil it. It's what a beautifully

312
00:14:35,480 --> 00:14:39,320
Speaker 2: constructed episode and when you watch it, you'll go Hosking said,

313
00:14:39,320 --> 00:14:42,160
Speaker 2: it's a beautifully constructed episode and I couldn't concur more

314
00:14:42,200 --> 00:14:46,040
Speaker 2: with them, and it's set over a single day and

315
00:14:46,120 --> 00:14:49,400
Speaker 2: the ending is brilliant. And that was a series series one.

316
00:14:49,440 --> 00:14:51,440
Speaker 2: I thought, I want to be back for this. I'm

317
00:14:51,480 --> 00:14:53,040
Speaker 2: so glad I was back the series two.

318
00:14:53,160 --> 00:14:55,760
Speaker 14: You watched that episode of Night Manager yet the latest one? Yes,

319
00:14:56,440 --> 00:14:58,360
Speaker 14: it's getting juicy, isn't it so juicy?

320
00:14:58,440 --> 00:15:01,040
Speaker 2: Glenn? Use this next.

321
00:15:02,560 --> 00:15:04,880
Speaker 3: Credible, compelling the breakfast show.

322
00:15:04,960 --> 00:15:08,200
Speaker 1: You con bess it's hither Duplessy Allen on the mic

323
00:15:08,280 --> 00:15:12,520
Speaker 1: Hosking Breakfast with the Defender, embraced the impossible news togs

324
00:15:12,560 --> 00:15:12,880
Speaker 1: dead b.

325
00:15:13,360 --> 00:15:15,360
Speaker 2: No, it is not MORNI Mike. It never ceases to

326
00:15:15,400 --> 00:15:18,880
Speaker 2: irritate me. How news reports use percentages to dramatize the

327
00:15:18,960 --> 00:15:21,320
Speaker 2: reports without giving any context. I couldn't agree more. It's

328
00:15:21,360 --> 00:15:22,960
Speaker 2: the first thing I thought up at three o'clock this morning.

329
00:15:22,960 --> 00:15:24,840
Speaker 2: I thought, this is ridiculous. So the claimers there is

330
00:15:24,840 --> 00:15:28,720
Speaker 2: a twelve percent increase in teacher vacancies, what does that mean?

331
00:15:29,400 --> 00:15:31,440
Speaker 2: In fact, the number of vacancies around the country of

332
00:15:31,440 --> 00:15:34,200
Speaker 2: the home is only four hundred, which in a profession

333
00:15:34,240 --> 00:15:37,400
Speaker 2: of tens of thousands. I wouldn't have thought it was

334
00:15:37,440 --> 00:15:39,280
Speaker 2: that big a deal. But fortunately we've got the minister

335
00:15:39,360 --> 00:15:41,200
Speaker 2: after seven o'clock. Before that we go to a very

336
00:15:41,240 --> 00:15:44,200
Speaker 2: angsty Europe Greenland of course, as well as Darbus Catherine Field.

337
00:15:44,200 --> 00:15:51,000
Speaker 2: Shortly twenty three to seven the news from the energy sector.

338
00:15:51,000 --> 00:15:52,440
Speaker 2: I think it's a good use of US oil and

339
00:15:52,440 --> 00:15:54,600
Speaker 2: gas company jet X has applied for a permit to

340
00:15:54,640 --> 00:15:58,760
Speaker 2: extract cold seam gas near Huntley. Meantime, in Taranaki, the

341
00:15:58,760 --> 00:16:01,520
Speaker 2: Australian based z ener they've lodged an application for an

342
00:16:01,520 --> 00:16:04,240
Speaker 2: offical petroleumpermit. Now John Carnegie is, of course the chief

343
00:16:04,280 --> 00:16:06,760
Speaker 2: executive Energy Resources are to her back with us with

344
00:16:06,800 --> 00:16:09,920
Speaker 2: the new year. John morning, Good morning, Mike. Is this

345
00:16:10,000 --> 00:16:11,880
Speaker 2: a go at last? Is this the sort of the

346
00:16:12,720 --> 00:16:14,440
Speaker 2: tangibles we've been waiting for?

347
00:16:15,320 --> 00:16:17,560
Speaker 15: Well, Mike, look, this is what a restart of an

348
00:16:17,560 --> 00:16:20,720
Speaker 15: industry looks like. Small players, tentative steps, stipping their toes

349
00:16:20,760 --> 00:16:24,120
Speaker 15: back in the water here. But we do need to

350
00:16:24,160 --> 00:16:26,840
Speaker 15: be honest. Restarting an entire sector is going to be

351
00:16:26,920 --> 00:16:30,080
Speaker 15: hard work. But it is great to see companies like

352
00:16:30,200 --> 00:16:33,880
Speaker 15: jet X and nxet Energy coming forward, and for reasons

353
00:16:34,440 --> 00:16:37,920
Speaker 15: we all know our sector is now concentrated at the

354
00:16:37,960 --> 00:16:40,240
Speaker 15: mature end of the pipeline, and what we're now seeing

355
00:16:40,320 --> 00:16:43,000
Speaker 15: is rebuilding a pipeline of prospects for the future, and

356
00:16:43,040 --> 00:16:47,520
Speaker 15: that means new entrants, new work programs, and new possibilities.

357
00:16:47,640 --> 00:16:50,120
Speaker 2: It's funny hours too. I was reading about the Taranaki

358
00:16:50,200 --> 00:16:51,760
Speaker 2: side of the equation, so that we know that what

359
00:16:51,880 --> 00:16:53,800
Speaker 2: happens under the rules. Correct me if I'm wrong, as

360
00:16:53,840 --> 00:16:55,840
Speaker 2: you apply, say I want to do this, They then

361
00:16:55,920 --> 00:16:57,640
Speaker 2: go right. Is there anybody else who wants to have

362
00:16:57,640 --> 00:17:00,400
Speaker 2: a crack. Nobody did. Now MB's going to have a

363
00:17:00,400 --> 00:17:03,040
Speaker 2: look at the environment, all that sort of stuff. Is

364
00:17:03,120 --> 00:17:07,000
Speaker 2: that process workable, doable, sensible and that's where we want

365
00:17:07,000 --> 00:17:07,480
Speaker 2: to be heading.

366
00:17:08,440 --> 00:17:10,480
Speaker 15: Look, I think it's signals that New Zealand is open

367
00:17:10,520 --> 00:17:13,840
Speaker 15: for business again because it now balances a first come,

368
00:17:13,920 --> 00:17:16,760
Speaker 15: first served approach with the potential for a competitive bid.

369
00:17:17,840 --> 00:17:20,520
Speaker 15: So if you think there's opportunity there, you've got a

370
00:17:20,520 --> 00:17:22,439
Speaker 15: clear window to come in and put your money behind

371
00:17:22,480 --> 00:17:25,919
Speaker 15: a strong work program and compete on merit. And so,

372
00:17:26,000 --> 00:17:28,720
Speaker 15: as you said, Chief X is now in a three

373
00:17:28,720 --> 00:17:31,159
Speaker 15: month competitive window where the race is wide open to

374
00:17:31,160 --> 00:17:33,479
Speaker 15: provide the best work program.

375
00:17:33,200 --> 00:17:35,640
Speaker 2: I can't work out. So this is good news. These

376
00:17:35,640 --> 00:17:37,960
Speaker 2: guys are actually tangible, They're really here, they want to

377
00:17:37,960 --> 00:17:41,760
Speaker 2: do business. Is this that or will there are others

378
00:17:41,800 --> 00:17:43,879
Speaker 2: looking at going, well these guys go, I can go

379
00:17:43,960 --> 00:17:47,160
Speaker 2: as well. And is the government's two hundred million dollars

380
00:17:47,160 --> 00:17:49,080
Speaker 2: skin in the game thing? Is that part of the equation?

381
00:17:50,760 --> 00:17:52,960
Speaker 15: Well, given the damaged state of the industry, Mike, I'm

382
00:17:52,960 --> 00:17:55,640
Speaker 15: actually happy to see any investor with confidence in both

383
00:17:55,680 --> 00:17:58,480
Speaker 15: the future of the sector and the contribution that they

384
00:17:58,480 --> 00:18:02,800
Speaker 15: can make to New Zealand's economic prosperity and energy security.

385
00:18:02,840 --> 00:18:05,680
Speaker 15: And look as whether there will be any other applicants,

386
00:18:05,680 --> 00:18:07,800
Speaker 15: We'll just have to wait and see. But what actually

387
00:18:07,840 --> 00:18:11,520
Speaker 15: would help is to have politicians stop treating gas producers

388
00:18:11,520 --> 00:18:13,280
Speaker 15: and uses like political footballs.

389
00:18:13,440 --> 00:18:13,800
Speaker 18: Correct.

390
00:18:15,400 --> 00:18:18,520
Speaker 2: What's your vibe on gas and oil? After I read

391
00:18:18,520 --> 00:18:21,000
Speaker 2: another article over the holiday period that suggested from one

392
00:18:21,040 --> 00:18:23,479
Speaker 2: of the power companies, Hydros the future if you want

393
00:18:23,520 --> 00:18:26,639
Speaker 2: to run things, hydros your answer, as opposed to looking

394
00:18:26,640 --> 00:18:28,800
Speaker 2: for something that is increasingly hard to find.

395
00:18:29,560 --> 00:18:32,919
Speaker 15: We need to stop having binary, one dimensional conversations in

396
00:18:32,960 --> 00:18:36,400
Speaker 15: the energy sector, Mike. I think what we do need

397
00:18:36,560 --> 00:18:40,320
Speaker 15: is we need diversity of fuel types and technology types.

398
00:18:40,920 --> 00:18:46,080
Speaker 15: And it's widely acknowledged both across right across the energy

399
00:18:46,119 --> 00:18:49,199
Speaker 15: sector that natural guests will continue to play a vital

400
00:18:49,280 --> 00:18:54,480
Speaker 15: role in maintaining New Zealand's affordable and secure energy good.

401
00:18:54,680 --> 00:18:56,080
Speaker 2: Just while I've got you and I have no idea

402
00:18:56,119 --> 00:18:58,200
Speaker 2: whether this is a new wheelhouse or not, this NDP

403
00:18:58,440 --> 00:19:02,720
Speaker 2: goal merger, is that materially going to change the landscape

404
00:19:02,720 --> 00:19:04,680
Speaker 2: for me filling my car?

405
00:19:05,840 --> 00:19:09,320
Speaker 15: Yeah? Look, I mean I'm not quite sure about that, Mike.

406
00:19:10,119 --> 00:19:13,520
Speaker 15: My guess is that the investors have decided that don't

407
00:19:13,560 --> 00:19:19,359
Speaker 15: be able to make operational efficiencies, so at least it

408
00:19:19,840 --> 00:19:23,280
Speaker 15: would place some downward pressure on fuel prices.

409
00:19:23,359 --> 00:19:25,120
Speaker 2: All right, let's see how it goes. Nice to catch up, John,

410
00:19:25,200 --> 00:19:26,920
Speaker 2: go well, we'll catch up during the year. John Knigi,

411
00:19:26,960 --> 00:19:30,840
Speaker 2: who's the boss of Energy Resources? Are to your right? Yes, Greenland?

412
00:19:30,840 --> 00:19:32,040
Speaker 2: What are we going to do? Is it going to

413
00:19:32,040 --> 00:19:34,920
Speaker 2: make any difference at Davos? And how angsty is Europe?

414
00:19:34,960 --> 00:19:36,480
Speaker 2: Catherine shortly nineteen two.

415
00:19:37,080 --> 00:19:41,679
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

416
00:19:41,720 --> 00:19:42,480
Speaker 1: by News Talks.

417
00:19:42,480 --> 00:19:45,640
Speaker 2: It be, Mike, why aren't we building more dams? They're

418
00:19:45,640 --> 00:19:48,119
Speaker 2: reliable and green? Seems ridiculous. We wouldn't. Well, I can

419
00:19:48,160 --> 00:19:50,760
Speaker 2: answer that question because the last dam we built was

420
00:19:51,160 --> 00:19:54,080
Speaker 2: behind time and over budget by some considerable margin, and

421
00:19:54,119 --> 00:19:57,080
Speaker 2: getting anything done in this country up until recently has

422
00:19:57,119 --> 00:19:59,480
Speaker 2: been a nightmare. But nevertheless, do look up an article

423
00:19:59,520 --> 00:20:01,800
Speaker 2: a Prince a moment ago. Mike rhones his name. He's

424
00:20:01,840 --> 00:20:04,800
Speaker 2: the Meridian chief executive appears on the program periodically. Anyway.

425
00:20:04,800 --> 00:20:06,800
Speaker 2: He was featured in an article about a week ago,

426
00:20:06,840 --> 00:20:09,879
Speaker 2: maybe a bit more in the Herald Meridian. Boss backs

427
00:20:09,920 --> 00:20:13,120
Speaker 2: more hydro after the twenty twenty four winter price shock.

428
00:20:13,119 --> 00:20:15,000
Speaker 2: A couple of things came out of that that I

429
00:20:15,040 --> 00:20:17,639
Speaker 2: found interesting. One, he's all about hydro, and I was

430
00:20:17,680 --> 00:20:19,639
Speaker 2: thinking it was all very well to be all about hydro,

431
00:20:20,280 --> 00:20:22,800
Speaker 2: but we're not a country that's into building stuff of

432
00:20:22,920 --> 00:20:28,080
Speaker 2: that size and quality anymore. He thinks. He talks about Poukhack,

433
00:20:28,200 --> 00:20:30,679
Speaker 2: which I find interesting. He wants to somehow extend that

434
00:20:30,720 --> 00:20:35,080
Speaker 2: to sort of onslow it, make it a bucket. But

435
00:20:35,160 --> 00:20:37,320
Speaker 2: he also says that that deal they've done at Huntley,

436
00:20:37,359 --> 00:20:39,160
Speaker 2: which is the irony of the article. The deal they've

437
00:20:39,160 --> 00:20:42,399
Speaker 2: done at Huntley, this is coal of course, between all

438
00:20:42,440 --> 00:20:45,040
Speaker 2: of the power companies, solves our problem. So this business

439
00:20:45,040 --> 00:20:47,200
Speaker 2: of being in winter and having no power, that's now,

440
00:20:47,240 --> 00:20:49,479
Speaker 2: he says, solved. So I was very reassured by that.

441
00:20:50,119 --> 00:20:52,280
Speaker 2: So whether we ever get around to it's like retirement,

442
00:20:52,280 --> 00:20:54,000
Speaker 2: isn't it. We'll talk about that later as well. It's

443
00:20:54,040 --> 00:20:56,360
Speaker 2: like the young we've got to solve the retirement problem.

444
00:20:57,240 --> 00:20:58,879
Speaker 2: Here we go again. It's like, well we've got to

445
00:20:58,880 --> 00:21:01,920
Speaker 2: build more hydro. Damns we I mean, there are some

446
00:21:01,960 --> 00:21:05,040
Speaker 2: things we can do. Some things we just keep talking about.

447
00:21:05,119 --> 00:21:10,000
Speaker 19: Six forty five International correspondence with ENSI eye insurance, peace

448
00:21:10,000 --> 00:21:11,520
Speaker 19: of mind for New Zealand business.

449
00:21:11,680 --> 00:21:13,000
Speaker 2: Catherine Field, how are you.

450
00:21:14,040 --> 00:21:17,080
Speaker 20: I'm wonderful, Thank you very much. Mike, welcome back.

451
00:21:17,200 --> 00:21:19,000
Speaker 2: Thank you very much. It's a pleasure to be back

452
00:21:19,040 --> 00:21:22,520
Speaker 2: and to hear your glorious voice. Now, my thinking on

453
00:21:22,560 --> 00:21:24,240
Speaker 2: this from the other side of the world is, I

454
00:21:24,320 --> 00:21:27,480
Speaker 2: know you're all angsty, and I know what Trump's like

455
00:21:27,560 --> 00:21:30,640
Speaker 2: and all that stuff, but he's not invading Greenland. He's

456
00:21:30,680 --> 00:21:34,120
Speaker 2: not going to buy it. Something eventually will be sorted.

457
00:21:34,600 --> 00:21:41,920
Speaker 2: Do you agree, Well, the bullers.

458
00:21:41,600 --> 00:21:44,959
Speaker 20: In the China shop, let's put it that way. And

459
00:21:45,000 --> 00:21:47,160
Speaker 20: no one knows quite what to do. This has been

460
00:21:47,160 --> 00:21:50,840
Speaker 20: coming for a long time. The EU still can't agree

461
00:21:51,000 --> 00:21:54,880
Speaker 20: on what it needs to do. They have really split.

462
00:21:55,560 --> 00:21:58,639
Speaker 20: The Germans are very clear that what needs to be

463
00:21:58,680 --> 00:22:03,600
Speaker 20: done is the hind closed door. Be more combative, but

464
00:22:03,800 --> 00:22:08,399
Speaker 20: in public, be more conciliatory. French President Emmanuel Macron says, hey, no,

465
00:22:08,560 --> 00:22:11,680
Speaker 20: this has gone too far. Let's use the what they're

466
00:22:11,720 --> 00:22:16,119
Speaker 20: calling the bazooka, which is imposed a one hundred and

467
00:22:16,200 --> 00:22:21,000
Speaker 20: ninety billion New Zealand dollar limit worth of tariffs on

468
00:22:21,680 --> 00:22:24,719
Speaker 20: the Americans and put into play. Spot's called an anti

469
00:22:25,040 --> 00:22:30,000
Speaker 20: coercion instrument which would shut off American companies from the

470
00:22:30,040 --> 00:22:33,679
Speaker 20: EU Single Market, so that means American companies would not

471
00:22:33,760 --> 00:22:37,240
Speaker 20: have access to five hundred million consumers, it would limit

472
00:22:37,280 --> 00:22:39,800
Speaker 20: trade licenses, and they wouldn't be able to get involved

473
00:22:39,800 --> 00:22:42,880
Speaker 20: in public procurement. But they can't agree on that at

474
00:22:42,880 --> 00:22:47,080
Speaker 20: the moment. So what we're all looking for, Mike is Wednesday,

475
00:22:47,160 --> 00:22:49,959
Speaker 20: the big day. Everyone's going to be in DeVos, hoping

476
00:22:50,359 --> 00:22:53,840
Speaker 20: to get that chance to buttonhole the US President Donald Trump,

477
00:22:53,920 --> 00:22:56,520
Speaker 20: to say to him this has got to stop. We're

478
00:22:56,560 --> 00:23:00,000
Speaker 20: determined you can't go on like this. But of course

479
00:23:00,320 --> 00:23:03,879
Speaker 20: we've been done this before. Trump just keeps ramping up

480
00:23:03,960 --> 00:23:06,160
Speaker 20: the pressure, and of course there's going to be that

481
00:23:06,320 --> 00:23:09,680
Speaker 20: big US presidence at Davos, you've got Secretary of State,

482
00:23:09,920 --> 00:23:13,920
Speaker 20: Treasury Commerce. But certainly now, Mike, I have to say,

483
00:23:14,000 --> 00:23:18,240
Speaker 20: everyone's holding their breath wondering how much further can this escalate?

484
00:23:18,640 --> 00:23:21,919
Speaker 2: And where does this leave NATO? If Trump does whatever

485
00:23:21,960 --> 00:23:25,439
Speaker 2: Trump means up doing with Greenland, what happens with.

486
00:23:25,480 --> 00:23:30,040
Speaker 20: NATO, Well, NATO can actually survive without the US. It's

487
00:23:30,119 --> 00:23:32,680
Speaker 20: just going to be a lot more expensive because NATO

488
00:23:32,720 --> 00:23:36,119
Speaker 20: members would have to really quickly buy lots of equipment.

489
00:23:36,520 --> 00:23:38,679
Speaker 20: I think the thing you have to remember, Mike, is

490
00:23:38,920 --> 00:23:41,520
Speaker 20: NATO has a framework, it's got a command structure, it's

491
00:23:41,520 --> 00:23:43,960
Speaker 20: got a doctrine, it's got a way of doing business

492
00:23:44,359 --> 00:23:47,919
Speaker 20: that's been built up over what seventy five years, so

493
00:23:48,119 --> 00:23:50,399
Speaker 20: they could still work out that way. So it's a

494
00:23:50,520 --> 00:23:54,959
Speaker 20: very successful military alliance. If it does disappear, it will

495
00:23:55,000 --> 00:23:56,840
Speaker 20: go done in history. Is one that kept the piece

496
00:23:56,920 --> 00:24:01,080
Speaker 20: for many generations. Thirty two member states, so it will

497
00:24:01,119 --> 00:24:03,760
Speaker 20: have to up its game again. We're looking at the

498
00:24:03,800 --> 00:24:07,760
Speaker 20: problem of how do you get tough with Trump without

499
00:24:08,000 --> 00:24:10,720
Speaker 20: having him just walk away from the Ukraine peace process.

500
00:24:11,040 --> 00:24:11,920
Speaker 21: That's the problem.

501
00:24:12,440 --> 00:24:15,280
Speaker 20: However, in the last couple of hours, the French President

502
00:24:15,280 --> 00:24:18,600
Speaker 20: of Manual Macron has told his cabinet, the big cabinet

503
00:24:18,600 --> 00:24:21,320
Speaker 20: meeting at the LUSA Palace and I'm quoting here, to

504
00:24:21,359 --> 00:24:24,879
Speaker 20: be free, you have to be feared. We weren't feared enough.

505
00:24:25,720 --> 00:24:29,080
Speaker 2: No, okay, Well we'll see what happens over the next

506
00:24:29,119 --> 00:24:31,320
Speaker 2: couple of days. I guess by the way that Louver robbery.

507
00:24:31,359 --> 00:24:33,960
Speaker 2: But they found anything of anything happened to that?

508
00:24:35,040 --> 00:24:38,760
Speaker 20: No, nothing, Actually, that's still got four suspects and custody.

509
00:24:39,400 --> 00:24:43,400
Speaker 20: It would seem that they're not talking the original suggestion

510
00:24:43,560 --> 00:24:47,320
Speaker 20: that this was just an opportunist heist, since we've been

511
00:24:47,320 --> 00:24:50,160
Speaker 20: going out the window because of the way those four

512
00:24:50,240 --> 00:24:54,120
Speaker 20: actually operated afterwards, abandoned their scooters for a van, knew

513
00:24:54,160 --> 00:24:56,840
Speaker 20: where to change to from their scooters to a van

514
00:24:56,960 --> 00:25:00,479
Speaker 20: an area that didn't have closed circuit TV, and they

515
00:25:00,520 --> 00:25:01,800
Speaker 20: still haven't found the jewels.

516
00:25:02,440 --> 00:25:04,679
Speaker 2: Good to catch up, Katherine Catherine Field back next Tuesday.

517
00:25:04,720 --> 00:25:06,360
Speaker 2: Of course. The other thing I note in that particular

518
00:25:06,359 --> 00:25:08,800
Speaker 2: part of the world is reading over the holidays, Algeria's

519
00:25:08,840 --> 00:25:13,800
Speaker 2: parliament unanimously passed a law declaring France's colonization of their

520
00:25:13,800 --> 00:25:16,879
Speaker 2: country are a crime, and they want an apology and

521
00:25:16,920 --> 00:25:20,000
Speaker 2: they want reparations. So we'll see where that goes. The letter,

522
00:25:20,080 --> 00:25:23,160
Speaker 2: by the way, Visa v. Trump and Greenland and Norway

523
00:25:23,359 --> 00:25:29,119
Speaker 2: and the prize, we're a big baby Norway wrote to them.

524
00:25:29,160 --> 00:25:31,320
Speaker 2: They didn't even say anything. Pactor Big said, I'll read

525
00:25:31,400 --> 00:25:33,920
Speaker 2: you the letter. In the moment ten to seven, the.

526
00:25:34,040 --> 00:25:37,720
Speaker 1: Mic Hosking breakfast with Bailey's Real Estate News dogs, they'd.

527
00:25:37,600 --> 00:25:41,639
Speaker 2: Be dear mister President, dear Donald on this from a

528
00:25:41,680 --> 00:25:45,280
Speaker 2: guy called Store who's the Prime Minister of agreement on

529
00:25:45,359 --> 00:25:48,760
Speaker 2: the contact across the Atlantic, on Greenland, Gaza, Ukraine and

530
00:25:48,800 --> 00:25:52,480
Speaker 2: your tariff announcement yesterday. You know our position on these issues,

531
00:25:52,520 --> 00:25:54,399
Speaker 2: but we believe we should all work to take this

532
00:25:54,520 --> 00:25:57,040
Speaker 2: down and de escalate. So much is happening around us

533
00:25:57,240 --> 00:25:59,679
Speaker 2: where we need to stand together. We are proposing a

534
00:25:59,720 --> 00:26:02,280
Speaker 2: call you later today with both of us or separately,

535
00:26:02,680 --> 00:26:05,639
Speaker 2: give us a hint of what you prefer best. Alex

536
00:26:05,680 --> 00:26:08,440
Speaker 2: and Jonas. Alex is short for the Alexander Stubb who's

537
00:26:08,480 --> 00:26:13,720
Speaker 2: the president of Finland, and from that came his spray

538
00:26:13,760 --> 00:26:16,119
Speaker 2: about it's not about peace and we don't need to

539
00:26:16,119 --> 00:26:18,800
Speaker 2: do this and that and anymore. He's unhinged. There's no

540
00:26:18,920 --> 00:26:21,600
Speaker 2: question about the fact he's unhinged. See an n poll

541
00:26:21,640 --> 00:26:23,919
Speaker 2: this morning, six percent of Americans are satisfied with the

542
00:26:23,920 --> 00:26:26,920
Speaker 2: Epstein thing. I got bored witless by the Epstein thing. Personally.

543
00:26:27,240 --> 00:26:29,800
Speaker 2: I don't think there's anything in it. And the problem

544
00:26:29,800 --> 00:26:32,439
Speaker 2: with it is in the Democrats have blown this for

545
00:26:32,600 --> 00:26:36,720
Speaker 2: themselves because they keep releasing those stupid photos. And you

546
00:26:36,760 --> 00:26:38,880
Speaker 2: saw Clinton in a spa pool and you think, oh,

547
00:26:39,160 --> 00:26:40,840
Speaker 2: Clinton a spar Paul. But once you got past the

548
00:26:40,840 --> 00:26:43,760
Speaker 2: fact that Clinton, he's a grub and he's in a

549
00:26:43,760 --> 00:26:47,240
Speaker 2: spar pool. There's no crime. Where's the smoking gun? You

550
00:26:47,280 --> 00:26:49,639
Speaker 2: can release photos of people and names and things that

551
00:26:49,680 --> 00:26:53,760
Speaker 2: get blue in the face. Where's the smoking gun? And

552
00:26:53,800 --> 00:26:55,760
Speaker 2: of course, given that there are millions of these bits

553
00:26:55,760 --> 00:26:57,480
Speaker 2: of paper, I mean, then Trump made it worse for

554
00:26:57,560 --> 00:27:00,400
Speaker 2: himself by saying they can release them all. When we're

555
00:27:00,400 --> 00:27:02,600
Speaker 2: expected to see them all released, they weren't. About one

556
00:27:02,600 --> 00:27:05,320
Speaker 2: percent has been released. Now they've commandeered every man and

557
00:27:05,359 --> 00:27:09,040
Speaker 2: his dog in the department to oversee all the redactions

558
00:27:09,160 --> 00:27:11,840
Speaker 2: that they need to make. So nothing's happening quickly, and

559
00:27:11,840 --> 00:27:13,639
Speaker 2: people are getting frustrated. And the next thing you know,

560
00:27:13,640 --> 00:27:15,560
Speaker 2: you get a poll that just six percent of Americans

561
00:27:15,600 --> 00:27:18,880
Speaker 2: are satisfied with how much has been released sixteen percent.

562
00:27:19,800 --> 00:27:21,800
Speaker 2: So the government is making an effort, but it's one

563
00:27:21,840 --> 00:27:24,480
Speaker 2: of those classic scenarios where no one's winner. It's just

564
00:27:24,520 --> 00:27:27,800
Speaker 2: a big mess. Five minutes away from seven well.

565
00:27:27,640 --> 00:27:28,920
Speaker 3: The ins and the outs.

566
00:27:29,240 --> 00:27:33,360
Speaker 1: It's the FIARZ with business fiber take your business productivity

567
00:27:33,440 --> 00:27:34,359
Speaker 1: to the next level.

568
00:27:34,560 --> 00:27:36,679
Speaker 2: Back to the movies from the animated records that were

569
00:27:36,720 --> 00:27:38,240
Speaker 2: told you about about half an hour ago to the

570
00:27:38,640 --> 00:27:41,760
Speaker 2: year ahead twenty five was okay, Actually, twenty twenty five

571
00:27:41,760 --> 00:27:43,719
Speaker 2: could be a springboard for twenty six. So numbers out

572
00:27:43,760 --> 00:27:46,320
Speaker 2: of the US and Canada ticket sales were up four

573
00:27:46,320 --> 00:27:48,480
Speaker 2: percent last year. That's good. So they pulled in fifteen

574
00:27:48,520 --> 00:27:51,639
Speaker 2: point six billion. Disney made up twenty seven percent of that,

575
00:27:51,840 --> 00:27:56,200
Speaker 2: Warner's twenty one percent, Universal nineteen. That Netflix thing is interesting,

576
00:27:56,240 --> 00:27:59,359
Speaker 2: isn't it. Warner Brothers, Netflix, et cetera. We're interested to

577
00:27:59,400 --> 00:28:01,320
Speaker 2: see where that goes. Anyway, where was I Warner Brothers

578
00:28:01,359 --> 00:28:05,360
Speaker 2: twenty one Universe or nineteen Smaller Players, Sony, Paramount, lions Gate.

579
00:28:05,400 --> 00:28:08,679
Speaker 2: They all had single digit slices of the market. Analysts

580
00:28:08,720 --> 00:28:12,280
Speaker 2: reckon this year it will be easily eclipsed their words

581
00:28:12,400 --> 00:28:14,320
Speaker 2: from twenty five. So twenty six bit in the twenty

582
00:28:14,320 --> 00:28:17,399
Speaker 2: five easily. Why Well, the big boys are out Disney,

583
00:28:17,440 --> 00:28:20,280
Speaker 2: they've got a new Star Wars, They've got Toy Story five,

584
00:28:20,359 --> 00:28:24,119
Speaker 2: they've got another Mowana, another installment of the Avengers franchise.

585
00:28:24,720 --> 00:28:27,120
Speaker 2: Other studios are going to be releasing a new Spider Man,

586
00:28:27,320 --> 00:28:35,040
Speaker 2: Dune Part three, Minions three, the third Jamanshi film is

587
00:28:35,080 --> 00:28:36,800
Speaker 2: coming out. So all of that leads to a very

588
00:28:36,800 --> 00:28:39,520
Speaker 2: good box officer. I watched one movie over the holidays,

589
00:28:40,360 --> 00:28:43,960
Speaker 2: and it was F one and that had a lot

590
00:28:44,000 --> 00:28:45,920
Speaker 2: of hype around it. And I'm not sure whether the

591
00:28:46,000 --> 00:28:48,280
Speaker 2: hype came only from the F one people, because they

592
00:28:48,280 --> 00:28:51,200
Speaker 2: were so heavily involved in the movie, co directed or

593
00:28:51,240 --> 00:28:54,120
Speaker 2: produced or whatever you call it. By Bruckhamer did it,

594
00:28:54,160 --> 00:28:56,239
Speaker 2: but Lewis Hamilton was involved, and they had a lot

595
00:28:56,240 --> 00:28:58,920
Speaker 2: of the F one actual F one circus, and they're right,

596
00:28:59,040 --> 00:29:03,080
Speaker 2: the cutting of the splicing of Brad's car with the

597
00:29:03,080 --> 00:29:05,640
Speaker 2: real cars, the racing around the tracks, all that sort

598
00:29:05,640 --> 00:29:08,000
Speaker 2: of stuff brilliantly done. Lord knows how long it took

599
00:29:08,040 --> 00:29:10,880
Speaker 2: in the editing suite. But as for the movie itself,

600
00:29:11,080 --> 00:29:17,680
Speaker 2: what a load of crap, What a glorious waste of time, money,

601
00:29:17,720 --> 00:29:20,960
Speaker 2: and energy. And I just I really felt wet and

602
00:29:21,000 --> 00:29:22,440
Speaker 2: dirty at the end of it. High Way.

603
00:29:22,480 --> 00:29:24,240
Speaker 14: I had no idea that you could just sort of

604
00:29:24,280 --> 00:29:30,280
Speaker 14: wander in to race day at any given GP and

605
00:29:30,600 --> 00:29:32,400
Speaker 14: decide I'm going to race today.

606
00:29:32,600 --> 00:29:35,200
Speaker 2: And the fact that he expected you to believe that,

607
00:29:35,400 --> 00:29:37,920
Speaker 2: and that Brad at his age could do that and

608
00:29:38,000 --> 00:29:40,640
Speaker 2: far less go on to win. Oh I spoiled it.

609
00:29:40,720 --> 00:29:44,160
Speaker 2: I spoiled it. He went on to win anyway, really

610
00:29:44,280 --> 00:29:47,280
Speaker 2: what a waste of time. Jobs teaches a lot of them.

611
00:29:47,280 --> 00:29:49,560
Speaker 2: But here's the good news from my reading this morning,

612
00:29:50,000 --> 00:29:53,280
Speaker 2: I've actually solved the teacher shortage problems. So that's good

613
00:29:53,360 --> 00:29:55,520
Speaker 2: because Erica Stanford is but moments.

614
00:29:55,200 --> 00:29:59,080
Speaker 3: Away credible, compelling.

615
00:29:59,280 --> 00:30:02,320
Speaker 1: The breakfast Oh you can't best it's the mic asking

616
00:30:02,360 --> 00:30:06,200
Speaker 1: breakfast with Bailey's real Estate doing real estate differently since

617
00:30:06,280 --> 00:30:08,960
Speaker 1: nineteen seventy three, news togs had been only.

618
00:30:08,840 --> 00:30:11,200
Speaker 2: Seven past seven. So we're back in the teacher shortage business.

619
00:30:11,200 --> 00:30:13,479
Speaker 2: We've got four hundred and forty five jobs currently vacant. Now,

620
00:30:13,520 --> 00:30:15,160
Speaker 2: depending on how you read these things, and this is

621
00:30:15,200 --> 00:30:16,960
Speaker 2: the key to the story or lack of story, are

622
00:30:17,040 --> 00:30:20,640
Speaker 2: that's twelve percent up on last year. But is four

623
00:30:20,720 --> 00:30:22,880
Speaker 2: hundred odd jobs, which is what it is in a

624
00:30:22,960 --> 00:30:25,320
Speaker 2: sector with literally thousands of one thousands of them? Is

625
00:30:25,320 --> 00:30:27,360
Speaker 2: that a thing? Seventy five percent of these jobs, by

626
00:30:27,400 --> 00:30:29,840
Speaker 2: the way, are in the North Island, Auckland's heavily represented.

627
00:30:30,240 --> 00:30:34,160
Speaker 2: Maths and physics. Are your problems? Erica Stanford Education Minister

628
00:30:34,160 --> 00:30:37,640
Speaker 2: back with us. Morning, Good morning, Mike, Hi, I'm well,

629
00:30:37,720 --> 00:30:40,680
Speaker 2: happy new year to you. Now four forty five is

630
00:30:40,680 --> 00:30:42,720
Speaker 2: this the thing? Is a union press release.

631
00:30:44,280 --> 00:30:47,280
Speaker 22: Well, the unions are certainly going hard at the moment.

632
00:30:47,640 --> 00:30:51,120
Speaker 22: It's not really the correct figures to look at. Every

633
00:30:51,240 --> 00:30:54,800
Speaker 22: year we release the teacher supply numbers, which the Ministry

634
00:30:54,800 --> 00:30:58,160
Speaker 22: of Education go around the country and are extraordinarily accurate.

635
00:30:58,240 --> 00:31:01,480
Speaker 22: We know it by region for the first time last

636
00:31:01,560 --> 00:31:03,560
Speaker 22: year rather than just overall, and we'll get that in

637
00:31:03,600 --> 00:31:06,360
Speaker 22: the next month or so. It's not very accurate just

638
00:31:06,440 --> 00:31:10,440
Speaker 22: to look at the vacancy rate this year compared to

639
00:31:10,520 --> 00:31:13,280
Speaker 22: last year, because they may not be and they mostly

640
00:31:13,320 --> 00:31:15,880
Speaker 22: are not full time roles. So four hundred and fifty

641
00:31:15,960 --> 00:31:19,240
Speaker 22: vacancies does not mean four hundred and fifty classrooms without teachers.

642
00:31:19,560 --> 00:31:22,320
Speaker 22: Some of those could be for a part time teacher.

643
00:31:22,720 --> 00:31:24,600
Speaker 22: But the important thing to remember is I would have

644
00:31:24,640 --> 00:31:27,480
Speaker 22: expected this time of the year, right now, and certainly

645
00:31:27,560 --> 00:31:29,560
Speaker 22: this year, for there to be a higher vacancy rate

646
00:31:30,080 --> 00:31:34,160
Speaker 22: because we have funded in this year's budget a huge

647
00:31:34,160 --> 00:31:37,760
Speaker 22: amount of more support teachers one hundred and forty three

648
00:31:38,000 --> 00:31:41,600
Speaker 22: maths intervention teachers and other seventy eight literacy intervention teachers

649
00:31:41,600 --> 00:31:44,600
Speaker 22: and two hundred and sixteen learning support coordinators, so they

650
00:31:44,640 --> 00:31:49,080
Speaker 22: will all be advertised right now for this coming year.

651
00:31:49,440 --> 00:31:51,600
Speaker 22: So I expected there to be a smaller increase.

652
00:31:51,880 --> 00:31:54,120
Speaker 2: Okay, do we have a problem or not.

653
00:31:55,640 --> 00:32:00,800
Speaker 22: We certainly have a problem in certain regions. Overall, we

654
00:32:00,880 --> 00:32:04,920
Speaker 22: know that, you know, for example, in Northland, we have

655
00:32:05,000 --> 00:32:06,960
Speaker 22: a teacher supply problem. But it's why we need to

656
00:32:07,000 --> 00:32:09,680
Speaker 22: wait for these detailed numbers that come out from the

657
00:32:09,720 --> 00:32:13,120
Speaker 22: Ministry to see exactly where the problems are. They can

658
00:32:13,160 --> 00:32:16,960
Speaker 22: be very localized. But we have invested extraordinarily heavily and

659
00:32:17,040 --> 00:32:19,040
Speaker 22: to teacher supply in the last two years. I mean

660
00:32:19,080 --> 00:32:22,120
Speaker 22: the on site teacher training program. We've boosted the numbers

661
00:32:22,160 --> 00:32:24,480
Speaker 22: by six hundred and the first budget and then another

662
00:32:24,800 --> 00:32:27,719
Speaker 22: five hundred and thirty and the second budget. We're training

663
00:32:27,800 --> 00:32:32,600
Speaker 22: up principles in our Principal Leadership program. We're paying teacher

664
00:32:32,640 --> 00:32:37,160
Speaker 22: registration fees that got hundreds of teachers back into the workforce.

665
00:32:36,680 --> 00:32:37,360
Speaker 18: In the last year.

666
00:32:37,480 --> 00:32:40,920
Speaker 22: So we've done a huge amount and it's paying off

667
00:32:41,000 --> 00:32:43,000
Speaker 22: because last year we saw that what two and a

668
00:32:43,040 --> 00:32:46,280
Speaker 22: half percent more teachers are in the workforce, thirty percent

669
00:32:46,840 --> 00:32:50,160
Speaker 22: increase on teachers who are training, So the numbers are

670
00:32:50,320 --> 00:32:52,400
Speaker 22: for the future are looking really good. But that doesn't

671
00:32:52,480 --> 00:32:54,640
Speaker 22: mean we don't have a you know, still have a

672
00:32:54,640 --> 00:32:56,960
Speaker 22: bit of a sticky problem in certain regions at the moment.

673
00:32:57,200 --> 00:33:00,920
Speaker 22: But we're doing everything we can, including regional boost programs

674
00:33:00,960 --> 00:33:01,320
Speaker 22: and all.

675
00:33:01,240 --> 00:33:04,000
Speaker 2: Sorts of that training thing. Is that solving the problem

676
00:33:04,080 --> 00:33:06,400
Speaker 2: long term? In other words, are people wanting to be teachers?

677
00:33:06,440 --> 00:33:08,520
Speaker 2: Because I'm just reading this morning and here's my good

678
00:33:08,520 --> 00:33:11,480
Speaker 2: news for you. There's people in Scotland can't get work.

679
00:33:11,840 --> 00:33:14,160
Speaker 2: So the teachers in Scotland, they're on the waiting list

680
00:33:14,200 --> 00:33:16,120
Speaker 2: for years. There are lack of permanent jobs. They're leaving

681
00:33:16,160 --> 00:33:18,280
Speaker 2: the country. So there are teachers out there. Do we

682
00:33:18,320 --> 00:33:20,480
Speaker 2: need to bring them in or train them?

683
00:33:21,080 --> 00:33:22,520
Speaker 22: We need to a bit of both. And we've always

684
00:33:22,520 --> 00:33:24,400
Speaker 22: said that, I mean, we'd love training our own. And

685
00:33:24,400 --> 00:33:26,920
Speaker 22: we are training, as I say, thirty percent more this

686
00:33:27,000 --> 00:33:29,320
Speaker 22: year than we were last year, which is a huge increase.

687
00:33:29,400 --> 00:33:32,040
Speaker 22: But we know in places like Northern Ireland, we know

688
00:33:32,120 --> 00:33:33,880
Speaker 22: in Finland, and we know in Scotland that they have

689
00:33:33,920 --> 00:33:38,400
Speaker 22: an oversupply of primary school teachers especially And we pay

690
00:33:38,800 --> 00:33:42,320
Speaker 22: a relocation fee of ten thousand dollars and we also

691
00:33:42,360 --> 00:33:45,240
Speaker 22: offer straight to residence pathways which we just changed, rather

692
00:33:45,280 --> 00:33:47,280
Speaker 22: than a two year work to residence. So we are

693
00:33:47,680 --> 00:33:50,200
Speaker 22: pulling out all of the stops to make sure that

694
00:33:50,480 --> 00:33:52,840
Speaker 22: we're doing everything we can to get teachers and quality

695
00:33:52,840 --> 00:33:54,000
Speaker 22: teachers in front of students.

696
00:33:54,080 --> 00:33:56,720
Speaker 2: All right, appreciate your time, Erica Stanford, Education Minister, eleven

697
00:33:56,760 --> 00:33:59,640
Speaker 2: minutes past seven. It's still a bit of verbal over

698
00:33:59,680 --> 00:34:03,120
Speaker 2: the profits an interest rates. So Amzida bumped bumped asn't

699
00:34:03,200 --> 00:34:05,720
Speaker 2: hiked their floating rates. So in today bed cunning in

700
00:34:05,800 --> 00:34:08,239
Speaker 2: these Squirrel mortgages, boss who suggests that that will add

701
00:34:08,239 --> 00:34:11,520
Speaker 2: twelve million to the bank's bottom line. He's the CEO

702
00:34:11,640 --> 00:34:13,640
Speaker 2: of Squirrel, of course, and he's with as David morning,

703
00:34:14,480 --> 00:34:16,760
Speaker 2: Hello mate, trick hereers do others follow?

704
00:34:17,920 --> 00:34:20,759
Speaker 16: Well, no, because all pan zeb was doing was adjusting

705
00:34:20,960 --> 00:34:23,759
Speaker 16: upwards to where other banks were. It was almost like

706
00:34:23,880 --> 00:34:27,200
Speaker 16: they misstepped and went a little bit far and hooks well,

707
00:34:27,280 --> 00:34:30,480
Speaker 16: others are higher. So in this extremely competitive banking market,

708
00:34:30,560 --> 00:34:31,879
Speaker 16: let's match everyone else.

709
00:34:32,000 --> 00:34:34,320
Speaker 2: So that's not that's not a goopoly. That's a scandal.

710
00:34:34,360 --> 00:34:36,799
Speaker 2: That's that's into the Minister of Finance to fix the

711
00:34:36,840 --> 00:34:38,359
Speaker 2: competition problem. Or is it.

712
00:34:38,719 --> 00:34:41,959
Speaker 16: Well, well, no, it's it's it's not a scandal. It's

713
00:34:42,000 --> 00:34:44,680
Speaker 16: just the way the banking system and ologopolies work. You know,

714
00:34:44,719 --> 00:34:48,600
Speaker 16: they gravitate to the same to the same price. And

715
00:34:49,200 --> 00:34:53,440
Speaker 16: you had the Azz on your show last year last year,

716
00:34:53,560 --> 00:34:55,319
Speaker 16: and as she said, you know you put your price down.

717
00:34:55,360 --> 00:34:57,480
Speaker 16: If one matches, you put your broth down. Again, everyone matches,

718
00:34:57,480 --> 00:34:59,280
Speaker 16: and it's a race to the bottom and no one wins.

719
00:34:59,320 --> 00:35:03,120
Speaker 16: So why Bob was almost implication who wins the banks?

720
00:35:03,120 --> 00:35:05,839
Speaker 16: Who loses the customer? So as a customer, you've got

721
00:35:05,840 --> 00:35:06,439
Speaker 16: to play the game.

722
00:35:06,560 --> 00:35:07,440
Speaker 2: Who's in floating?

723
00:35:07,440 --> 00:35:11,560
Speaker 16: Anyway, about ten percent of all the balances of home

724
00:35:11,600 --> 00:35:14,040
Speaker 16: loans are in New Zealand. In New Zealander so sitt

725
00:35:14,080 --> 00:35:16,319
Speaker 16: A close to four hundred billion of home loans, so

726
00:35:16,320 --> 00:35:20,399
Speaker 16: about ten percent is forty billion, so everyone's often people

727
00:35:20,480 --> 00:35:23,279
Speaker 16: have a better on floating for flexibility the bulk on

728
00:35:23,440 --> 00:35:26,839
Speaker 16: fix than when your fixed rate finishes, you're automatically roll

729
00:35:26,920 --> 00:35:28,759
Speaker 16: for floating. So that happened to me last year, my

730
00:35:29,160 --> 00:35:32,480
Speaker 16: own roll to floating. I forgot and suddenly I was

731
00:35:32,520 --> 00:35:33,719
Speaker 16: paying one and a half percent more.

732
00:35:33,760 --> 00:35:36,840
Speaker 2: You forgot. So you're the heat of David. You're the

733
00:35:36,840 --> 00:35:39,320
Speaker 2: head of Squirrel Mortgages and you're not in charge of

734
00:35:39,360 --> 00:35:40,319
Speaker 2: your own mortgage.

735
00:35:40,680 --> 00:35:42,960
Speaker 16: Well, you know it does your life talking to you

736
00:35:43,040 --> 00:35:45,960
Speaker 16: and others, but you know this is what happens, and

737
00:35:46,000 --> 00:35:48,320
Speaker 16: so you know that bolsters bank profits because here's the

738
00:35:48,400 --> 00:35:51,160
Speaker 16: think like the floating rates five seventy nine, the one

739
00:35:51,200 --> 00:35:54,480
Speaker 16: you fixed rates four point four to nine. Simple question,

740
00:35:54,680 --> 00:35:57,719
Speaker 16: why it's just a bolstering bank profit. So you add

741
00:35:57,760 --> 00:36:01,160
Speaker 16: up to that forty billion sorry, yeah, forty billion, and

742
00:36:01,239 --> 00:36:03,560
Speaker 16: multiplier by one, you know, one point three percent. You're

743
00:36:03,560 --> 00:36:05,279
Speaker 16: talking set of five hundred million.

744
00:36:05,040 --> 00:36:08,080
Speaker 2: Of the scalability. If I look at the number and

745
00:36:08,120 --> 00:36:09,920
Speaker 2: go zero point one, I go, what do I care?

746
00:36:09,960 --> 00:36:11,919
Speaker 2: But when you do it tens of thousands of times.

747
00:36:12,120 --> 00:36:13,640
Speaker 2: But that's where your twelve million comes from. And that's

748
00:36:13,640 --> 00:36:15,280
Speaker 2: why it bankspect the money they do right.

749
00:36:15,760 --> 00:36:19,000
Speaker 16: Exactly, and it's probably about twenty five dollars each year

750
00:36:19,120 --> 00:36:22,080
Speaker 16: for a few hundreds of thousands of people. And that's

751
00:36:22,160 --> 00:36:24,520
Speaker 16: that's the secret. And banking is it a little bit here,

752
00:36:24,600 --> 00:36:27,840
Speaker 16: multiplied by many people. And mostly it's an electronic system

753
00:36:27,880 --> 00:36:31,160
Speaker 16: these days. So yeah, you costs don't go up, but yeah, you.

754
00:36:31,120 --> 00:36:32,000
Speaker 3: Know your revenue does.

755
00:36:32,120 --> 00:36:33,280
Speaker 18: So welcome to banking.

756
00:36:33,480 --> 00:36:36,160
Speaker 2: Oligopley always good to talk to you, David go Well,

757
00:36:36,320 --> 00:36:39,799
Speaker 2: David Cunningham, who's the boss of Squirrel Mortgages. By the way,

758
00:36:40,200 --> 00:36:42,160
Speaker 2: when was I reading one route the other day. Lending

759
00:36:42,200 --> 00:36:44,800
Speaker 2: rose nineteen percent in November. These are the latest numbers,

760
00:36:45,040 --> 00:36:47,800
Speaker 2: nineteen percent in November. So that's eight point eight billion

761
00:36:47,840 --> 00:36:51,759
Speaker 2: dollars of new mortgages, which seems to indicate that the

762
00:36:51,840 --> 00:36:53,920
Speaker 2: housing market is at least got a little bit of

763
00:36:53,960 --> 00:36:55,760
Speaker 2: life into it. Fourteen past seven.

764
00:36:56,760 --> 00:37:00,680
Speaker 1: The Like Asking Breakfast Full Show podcast on Hard Radio

765
00:37:00,880 --> 00:37:01,920
Speaker 1: powered by News Talks.

766
00:37:01,960 --> 00:37:05,240
Speaker 2: Ad Be Blair Chuks back with us after eight o'clock

767
00:37:05,320 --> 00:37:08,320
Speaker 2: this morning. The second round of the sailing is coming

768
00:37:08,320 --> 00:37:11,120
Speaker 2: our way after the weekend and Perth, of course, I

769
00:37:11,160 --> 00:37:12,759
Speaker 2: assume he picked up all the bits of boat that

770
00:37:12,800 --> 00:37:15,200
Speaker 2: were left in the water and bluing them back together

771
00:37:15,280 --> 00:37:17,000
Speaker 2: or whatever they do these days. Would that been anyway?

772
00:37:17,000 --> 00:37:20,080
Speaker 2: That's still to come. Sixteen past seven, So housing that's

773
00:37:20,080 --> 00:37:21,719
Speaker 2: going to be part of the election year debate. Of course.

774
00:37:21,760 --> 00:37:23,720
Speaker 2: Now the government appear to have read the room. In Auckland.

775
00:37:23,719 --> 00:37:25,879
Speaker 2: They're about to backtrack on what they call Plan one

776
00:37:25,960 --> 00:37:29,680
Speaker 2: twenty basically as the council has to plan. They were

777
00:37:29,680 --> 00:37:31,480
Speaker 2: made to plan for up to two million homes. Troy

778
00:37:31,560 --> 00:37:36,360
Speaker 2: Churton is the Iraqi Local Board member and Planning Portfolio lead. Troy,

779
00:37:36,400 --> 00:37:40,000
Speaker 2: good morning to you. What am I I never understood

780
00:37:40,040 --> 00:37:41,160
Speaker 2: and I don't want to bore the rest of the

781
00:37:41,160 --> 00:37:43,440
Speaker 2: country with Auckland's many and varied problems, but I never

782
00:37:43,520 --> 00:37:47,160
Speaker 2: understood how the government thought that going two million houses

783
00:37:47,160 --> 00:37:48,319
Speaker 2: wouldn't freak people out.

784
00:37:49,320 --> 00:37:53,600
Speaker 23: No, I don't think many Aucklanders understood why Minister Bishop

785
00:37:53,640 --> 00:37:56,480
Speaker 23: and lower Hut would have led such a campaign. But

786
00:37:56,840 --> 00:38:00,319
Speaker 23: what I think Aucklanders do appreciate and was create of

787
00:38:00,360 --> 00:38:03,880
Speaker 23: the government to recently indicate that it might look at

788
00:38:03,880 --> 00:38:06,880
Speaker 23: reviewing this, was that that PC two twenty was an

789
00:38:06,880 --> 00:38:09,880
Speaker 23: attempt to accelerate change, and the government's always been very

790
00:38:09,960 --> 00:38:13,200
Speaker 23: keen to accelerate change for housing on the perception that

791
00:38:13,200 --> 00:38:16,279
Speaker 23: there's some sort of housing crisis. But the scale and

792
00:38:16,320 --> 00:38:20,640
Speaker 23: the bluntness of that change as clearly undermined the durability

793
00:38:21,040 --> 00:38:21,800
Speaker 23: of the whole system.

794
00:38:21,880 --> 00:38:23,600
Speaker 2: Right, tell you what happened. If I go to these

795
00:38:23,600 --> 00:38:26,399
Speaker 2: houses and the first thing I asked the real estate

796
00:38:26,440 --> 00:38:28,279
Speaker 2: agent is they go, what's getting built over there? And

797
00:38:28,280 --> 00:38:30,359
Speaker 2: of course their answers I would have a clue. Who

798
00:38:30,400 --> 00:38:32,560
Speaker 2: would know at which point I go, I'm not buying

799
00:38:32,560 --> 00:38:33,200
Speaker 2: that house.

800
00:38:33,800 --> 00:38:36,399
Speaker 23: Yeah yeah, And if you look around, I mean there

801
00:38:36,400 --> 00:38:39,200
Speaker 23: are lots of developers who are doing developments near train

802
00:38:39,280 --> 00:38:41,799
Speaker 23: stations and arterials at the moment, who are succeeding I

803
00:38:41,840 --> 00:38:44,680
Speaker 23: mean simplicity, And I can come to mind the existing

804
00:38:44,719 --> 00:38:48,319
Speaker 23: settings aren't denying housing supply. And I think the thing

805
00:38:48,360 --> 00:38:51,479
Speaker 23: that personally aggravates me is that we think that there's

806
00:38:51,560 --> 00:38:53,520
Speaker 23: a bigger problem here at play, and we can do

807
00:38:53,600 --> 00:38:57,040
Speaker 23: a much more considered process to get the settings for

808
00:38:57,080 --> 00:39:01,600
Speaker 23: intensification right than we being forced to do under PC

809
00:39:01,760 --> 00:39:02,320
Speaker 23: one twenty.

810
00:39:02,320 --> 00:39:05,240
Speaker 2: And the law change key is what sort of back

811
00:39:05,360 --> 00:39:07,320
Speaker 2: down do you think they've got it or do you

812
00:39:07,360 --> 00:39:09,120
Speaker 2: think they're going to say something that's going to further

813
00:39:09,120 --> 00:39:09,759
Speaker 2: piss you off.

814
00:39:11,680 --> 00:39:15,759
Speaker 23: Well, I think any plan changes that are based on

815
00:39:15,920 --> 00:39:19,560
Speaker 23: a figure of housing capacity are always going to be

816
00:39:19,600 --> 00:39:24,160
Speaker 23: subject to scrutiny. That what the AUP process told us

817
00:39:24,280 --> 00:39:27,640
Speaker 23: was that when you go through a slower, considered, evidence

818
00:39:27,680 --> 00:39:31,120
Speaker 23: based approach, you get far better outcomes. And that's the

819
00:39:31,160 --> 00:39:33,000
Speaker 23: heart of it, Weaver. You know, I was in a

820
00:39:33,000 --> 00:39:36,759
Speaker 23: planning workshop and heard Mayor Brown say that maybe if

821
00:39:36,760 --> 00:39:38,879
Speaker 23: the figure was one point four million, it we would

822
00:39:38,880 --> 00:39:41,440
Speaker 23: have ended up with a better outcome. But whether it's

823
00:39:41,480 --> 00:39:44,640
Speaker 23: one point four or one point six or one, it's

824
00:39:44,680 --> 00:39:48,759
Speaker 23: the process that's that's involved in getting the outcome, which

825
00:39:48,800 --> 00:39:52,040
Speaker 23: is more important. And in my argument is that if

826
00:39:52,040 --> 00:39:55,680
Speaker 23: we were to do the statue required unitary plan review process,

827
00:39:55,480 --> 00:39:58,440
Speaker 23: that we would have saved millions and we would have

828
00:39:58,520 --> 00:40:01,919
Speaker 23: ended up with a far better outcome. And it's still

829
00:40:01,960 --> 00:40:05,200
Speaker 23: available to the government to go down that route. And hopefully,

830
00:40:05,280 --> 00:40:07,840
Speaker 23: you know, Chris Luxon has to be applauded in my

831
00:40:07,960 --> 00:40:11,600
Speaker 23: view for acknowledging that a reset is still on the table.

832
00:40:11,719 --> 00:40:14,480
Speaker 2: Exactly, good on you, Troy, Well, explained Troy Churton, who's

833
00:40:14,480 --> 00:40:16,720
Speaker 2: the IRAQI local board member. He might be my local

834
00:40:16,760 --> 00:40:18,600
Speaker 2: board member. Actually, for all I know, I think I'm

835
00:40:18,600 --> 00:40:20,799
Speaker 2: in that area. Isn't it pathetic that I don't know

836
00:40:20,800 --> 00:40:23,400
Speaker 2: what area? I'm almost certain i'm in that area.

837
00:40:23,520 --> 00:40:24,399
Speaker 14: Did you vote for him?

838
00:40:24,800 --> 00:40:27,279
Speaker 2: I don't think so. Not that I didn't vote for

839
00:40:27,360 --> 00:40:29,600
Speaker 2: him or against him, but I didn't vote for the members.

840
00:40:29,600 --> 00:40:30,960
Speaker 2: I only do the mayor thing.

841
00:40:31,080 --> 00:40:32,719
Speaker 14: Oh wow, there we go.

842
00:40:32,880 --> 00:40:35,680
Speaker 2: Yeah, exactly, welcome back, Mike, So good to have you back.

843
00:40:36,000 --> 00:40:38,200
Speaker 2: G Eric is good, isn't she? And as usual, the

844
00:40:38,280 --> 00:40:40,440
Speaker 2: unions are skewing the numbers to make the situation look

845
00:40:40,480 --> 00:40:43,319
Speaker 2: worse than it really is. I don't know. All I

846
00:40:43,360 --> 00:40:45,719
Speaker 2: know is that lots of businesses have lots of vacancies.

847
00:40:45,719 --> 00:40:47,560
Speaker 2: And what I know also from personal experience, they had

848
00:40:47,560 --> 00:40:49,600
Speaker 2: a couple of teachers who left a school last year,

849
00:40:49,800 --> 00:40:51,600
Speaker 2: and they left a school because they are sick of

850
00:40:51,600 --> 00:40:54,160
Speaker 2: the school. It's the individual school. Now they've all gone

851
00:40:54,160 --> 00:40:56,719
Speaker 2: and got jobs and they're perfectly happy moving forward. But

852
00:40:56,760 --> 00:40:59,200
Speaker 2: you've got to also look at the individual circumstances around

853
00:40:59,239 --> 00:41:01,799
Speaker 2: the school. Zeraha pointed out there are certain regions that

854
00:41:01,840 --> 00:41:04,040
Speaker 2: have always been hard to staff and hard to staff

855
00:41:04,040 --> 00:41:07,239
Speaker 2: in everything far less teaching. Seven twenty.

856
00:41:08,960 --> 00:41:13,760
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

857
00:41:13,840 --> 00:41:14,839
Speaker 1: by News Talks EP.

858
00:41:17,040 --> 00:41:20,160
Speaker 2: By the way, that one twenty thing, that that back down,

859
00:41:20,200 --> 00:41:22,279
Speaker 2: turn around, rethink, whatever you want to call it, I

860
00:41:22,440 --> 00:41:25,200
Speaker 2: think is being announced tomorrow because the nets are gathering

861
00:41:25,239 --> 00:41:28,000
Speaker 2: in christ Church for their annual you know what, and

862
00:41:28,080 --> 00:41:30,480
Speaker 2: they're announcing the election date. I think tomorrow is the

863
00:41:30,480 --> 00:41:33,719
Speaker 2: election date. And the backdown on one twenty. Well, so

864
00:41:33,840 --> 00:41:36,160
Speaker 2: I'm led to believe seven twenty three. Now, of all

865
00:41:36,200 --> 00:41:38,879
Speaker 2: the nutty stuff Trump is up to at the moment,

866
00:41:38,880 --> 00:41:42,200
Speaker 2: the most egregious I think is the DOJ. Powell investigation.

867
00:41:42,440 --> 00:41:46,080
Speaker 2: Jerome Powell, I have got not one shadow of doubt, makes,

868
00:41:46,080 --> 00:41:48,840
Speaker 2: along with his board members, decisions based on traditional economic

869
00:41:48,880 --> 00:41:51,719
Speaker 2: or monetary thinking. Trump does not. Of course. Of course,

870
00:41:51,719 --> 00:41:53,439
Speaker 2: you can debate, as we have in this country, whether

871
00:41:53,480 --> 00:41:55,400
Speaker 2: a governor or a chair or a central banker is

872
00:41:55,440 --> 00:41:57,200
Speaker 2: doing the right thing or a good thing. But what

873
00:41:57,239 --> 00:41:59,839
Speaker 2: you don't do is weaponize the law to hunt them down.

874
00:42:00,160 --> 00:42:03,000
Speaker 2: The central bank's independence is the cornerstone of how a

875
00:42:03,000 --> 00:42:05,560
Speaker 2: lot of the world's economy works. It matters, which is

876
00:42:05,600 --> 00:42:08,280
Speaker 2: why so many central bank chiefs came out in defense

877
00:42:08,320 --> 00:42:10,360
Speaker 2: of Powell, one of which was our newly limited governor,

878
00:42:10,400 --> 00:42:15,400
Speaker 2: doctor Bremer. She is now, it seems in trouble. Winston,

879
00:42:15,520 --> 00:42:17,680
Speaker 2: I didn't take that seriously, actually, but Willis I do,

880
00:42:17,960 --> 00:42:20,680
Speaker 2: and together I most certainly do. Both now have spoken

881
00:42:20,719 --> 00:42:23,720
Speaker 2: out against her move. Willis says she should have taken advice.

882
00:42:24,120 --> 00:42:24,279
Speaker 18: Now.

883
00:42:24,320 --> 00:42:27,279
Speaker 2: Bremen says she didn't want to wake Willis at three

884
00:42:27,280 --> 00:42:30,200
Speaker 2: in the morning. Now that in itself worries me. I've

885
00:42:30,239 --> 00:42:31,879
Speaker 2: woken the boss here at three in the morning because

886
00:42:31,920 --> 00:42:34,040
Speaker 2: my computer password doesn't work, and I would have no

887
00:42:34,120 --> 00:42:37,200
Speaker 2: hesitation ringing Willis. At a similar time, I worry about

888
00:42:37,239 --> 00:42:41,600
Speaker 2: Bremen's weakness, but more importantly, advice on what Bremen is

889
00:42:41,680 --> 00:42:46,160
Speaker 2: independent irony is the entire debate around Powell is about

890
00:42:46,200 --> 00:42:49,879
Speaker 2: independence and the defense of it. Can Bremen now only

891
00:42:49,920 --> 00:42:51,879
Speaker 2: be independent if the government says so? Is that what's

892
00:42:51,920 --> 00:42:54,040
Speaker 2: going on? And if that's the case, how far removed

893
00:42:54,040 --> 00:42:55,480
Speaker 2: from the Trump view of the world as Peters and

894
00:42:55,520 --> 00:42:58,520
Speaker 2: Willis are Willis and Peter's scared of America and the

895
00:42:58,520 --> 00:43:02,600
Speaker 2: White House and the advice have been Look, obviously you're independent,

896
00:43:02,600 --> 00:43:04,640
Speaker 2: but please keep in mind we're scared witless of the

897
00:43:04,719 --> 00:43:06,840
Speaker 2: nut job in Washington, so anything you can do to

898
00:43:06,840 --> 00:43:10,960
Speaker 2: stop things getting messy would be appreciated. Or or if

899
00:43:10,960 --> 00:43:14,000
Speaker 2: we are universally agree that Breman should have taken advice,

900
00:43:14,560 --> 00:43:17,160
Speaker 2: is she in fact a loose unit? Have we hired

901
00:43:17,200 --> 00:43:19,160
Speaker 2: the wrong person, a person who's put a foot in

902
00:43:19,200 --> 00:43:21,640
Speaker 2: it having only been in the job about fifteen minutes.

903
00:43:21,680 --> 00:43:25,160
Speaker 2: So which is it? She's independent and good honor, or

904
00:43:25,200 --> 00:43:27,240
Speaker 2: she's a puppet of the government and she's in trouble,

905
00:43:27,880 --> 00:43:33,360
Speaker 2: basically trouble waiting to happen. Answers please asking Mike disagree

906
00:43:33,440 --> 00:43:35,440
Speaker 2: ref one. This is the movie I was banging on

907
00:43:35,520 --> 00:43:39,000
Speaker 2: about it's a fantasy hero move fantasy. It's not a fantasy.

908
00:43:39,040 --> 00:43:41,320
Speaker 2: It's a fantasy hero movie except that, and it was

909
00:43:41,400 --> 00:43:44,720
Speaker 2: quite enjoyable. Mike, Guess what if One was a movie?

910
00:43:44,840 --> 00:43:47,400
Speaker 2: You know, that entertainment thing that we watch for escapism

911
00:43:47,440 --> 00:43:50,160
Speaker 2: and fun. She sh lighten up some nice eye candy

912
00:43:50,200 --> 00:43:51,920
Speaker 2: in a bit of fun, not a bloody documentary. Now

913
00:43:52,000 --> 00:43:54,840
Speaker 2: you're missing the point completely. What they were trying to

914
00:43:54,840 --> 00:43:57,920
Speaker 2: do was walk the line between the node or F

915
00:43:58,000 --> 00:44:02,400
Speaker 2: one fans like me and present a story of some

916
00:44:02,560 --> 00:44:05,640
Speaker 2: liberty and entertainment that would bring people who know nothing

917
00:44:05,640 --> 00:44:11,799
Speaker 2: about IF One into the equation. They failed in both spectacularly. Morning, Mike,

918
00:44:11,960 --> 00:44:14,160
Speaker 2: welcome back. I couldn't agree more with your f one

919
00:44:14,200 --> 00:44:16,480
Speaker 2: movie comment and overhyped waste of time that should only

920
00:44:16,480 --> 00:44:19,560
Speaker 2: appeal to editing gigs dribble on steroids. It was very

921
00:44:19,560 --> 00:44:23,239
Speaker 2: well edited, Mike. Best movie I saw last year Dead

922
00:44:23,239 --> 00:44:27,720
Speaker 2: to Right. Well, really, I don't know what movies you're watching,

923
00:44:27,719 --> 00:44:29,959
Speaker 2: but they're not very good ones, are they. How much

924
00:44:30,040 --> 00:44:34,320
Speaker 2: time do you want to spend on the retirement issue?

925
00:44:34,520 --> 00:44:38,800
Speaker 2: So lux and yesterday goes as the retirement age inevitably rises.

926
00:44:38,880 --> 00:44:42,080
Speaker 2: Now that's not true. If we were running a lie, Detective,

927
00:44:42,200 --> 00:44:44,400
Speaker 2: how was that? Ce and n guy on untruths that

928
00:44:44,480 --> 00:44:47,000
Speaker 2: the leader told in his speech. I would have gone that, hey,

929
00:44:47,000 --> 00:44:48,920
Speaker 2: can we get him to do that? Maybe we should,

930
00:44:49,160 --> 00:44:51,920
Speaker 2: because that's not actually true. It's not a foregone conclusion

931
00:44:51,960 --> 00:44:55,080
Speaker 2: at all. It's an opinion. He's entitled to the opinion.

932
00:44:55,320 --> 00:44:57,760
Speaker 2: He's had that opinion for a while. He was merely

933
00:44:57,800 --> 00:45:01,239
Speaker 2: expressing that opinion. Now what I know is one he

934
00:45:01,280 --> 00:45:04,120
Speaker 2: will win the election. Two he will need Winston Peters

935
00:45:04,160 --> 00:45:07,000
Speaker 2: to form the government. Three Winston Peters is not changing

936
00:45:07,000 --> 00:45:10,719
Speaker 2: the retirement age. Therefore, the aforementioned idea is not inevitable

937
00:45:10,800 --> 00:45:14,080
Speaker 2: at all. Which brings me to Jane Wrightson, who is

938
00:45:14,080 --> 00:45:17,319
Speaker 2: the Retirement Commissioner, who I think wants the retirement age

939
00:45:17,400 --> 00:45:21,560
Speaker 2: to go up. But she's also leaving a job, so

940
00:45:21,680 --> 00:45:23,040
Speaker 2: I don't know that she's going to be there long

941
00:45:23,120 --> 00:45:26,560
Speaker 2: enough to influence anybody Somewhere in This is me who's

942
00:45:26,600 --> 00:45:29,520
Speaker 2: left to ask some questions.

943
00:45:29,560 --> 00:45:32,560
Speaker 3: No fluff, just facts and fierce debate.

944
00:45:32,719 --> 00:45:36,800
Speaker 1: The mic Hosking Breakfast with a Vita, Retirement, Communities, Life

945
00:45:36,960 --> 00:45:38,360
Speaker 1: your Way, News, Togs dead b.

946
00:45:38,600 --> 00:45:40,080
Speaker 2: I've got a little bit of good news around the

947
00:45:40,520 --> 00:45:42,839
Speaker 2: tennis in this country for you shortly, but twenty three

948
00:45:42,880 --> 00:45:45,080
Speaker 2: minutes away from Mabletchu by the way, speaking of sport

949
00:45:45,239 --> 00:45:47,319
Speaker 2: from the Black Boyle sales gup and all that after

950
00:45:47,440 --> 00:45:49,840
Speaker 2: eight for us. But the meantime part of yesterday stated

951
00:45:49,880 --> 00:45:53,200
Speaker 2: the nation g up for the NATT was a revisit

952
00:45:53,239 --> 00:45:55,719
Speaker 2: once again to the thorny old issue of the retirement age.

953
00:45:55,760 --> 00:45:55,840
Speaker 15: Now.

954
00:45:55,880 --> 00:45:59,719
Speaker 2: Christoph Laxen called for greater ambition around savings, including high

955
00:45:59,760 --> 00:46:03,279
Speaker 2: key say contributions of course that would be offset well.

956
00:46:03,320 --> 00:46:06,000
Speaker 2: What he suggested was the inevitable, the inevitable. This is

957
00:46:06,040 --> 00:46:07,719
Speaker 2: the Ketha willerd This is the inevitable lift in the

958
00:46:07,719 --> 00:46:10,919
Speaker 2: retirement age now. Joan Writeson is the Retirement Commissioner, of course,

959
00:46:11,000 --> 00:46:14,240
Speaker 2: and is with us. Jane, good morning, good morning mate.

960
00:46:14,280 --> 00:46:15,759
Speaker 2: You're pro upping the age, aren't you.

961
00:46:17,920 --> 00:46:21,239
Speaker 18: I am pro having a really.

962
00:46:21,080 --> 00:46:24,319
Speaker 21: Careful look at the system. Yes, but it's not just

963
00:46:25,040 --> 00:46:27,480
Speaker 21: it's not just a single issue like putting up the age.

964
00:46:27,760 --> 00:46:30,759
Speaker 21: It's quite complicated. What it needs is a long term

965
00:46:30,800 --> 00:46:34,560
Speaker 21: set of thinking around it. It's not just a fiscal issue.

966
00:46:34,600 --> 00:46:37,080
Speaker 21: It's an issue for the people of New Zealand. What's

967
00:46:37,120 --> 00:46:38,920
Speaker 21: good about this is that it seems to be on

968
00:46:38,960 --> 00:46:41,680
Speaker 21: the political agenda this year, So I'm hoping that all

969
00:46:41,760 --> 00:46:45,680
Speaker 21: parties will set out a kind of view about what

970
00:46:45,719 --> 00:46:49,360
Speaker 21: they think might be a good way to move forward.

971
00:46:49,800 --> 00:46:52,120
Speaker 21: And then what we really need is a good cross

972
00:46:52,160 --> 00:46:55,000
Speaker 21: party conversation somehow to say, what is the next ten years?

973
00:46:55,120 --> 00:46:59,160
Speaker 18: Got quite? What are these competing tensions? Got quite? If

974
00:46:59,160 --> 00:47:02,320
Speaker 18: we do the age, who benefits? Who who's hurt?

975
00:47:02,719 --> 00:47:05,000
Speaker 21: If we don't do the age, one of the physical implication,

976
00:47:05,080 --> 00:47:09,319
Speaker 21: who benefit who hurts? You know, it's not impossible this,

977
00:47:09,440 --> 00:47:11,560
Speaker 21: but it's not just a single problem, and it's a

978
00:47:11,560 --> 00:47:14,440
Speaker 21: system that involves both ends and super and key we

979
00:47:14,480 --> 00:47:15,200
Speaker 21: savor together.

980
00:47:15,480 --> 00:47:17,920
Speaker 2: And no, it is not impossible. But can I suggest

981
00:47:18,400 --> 00:47:22,439
Speaker 2: that it's unlikely that any strong Yeah, see, we're going

982
00:47:22,440 --> 00:47:24,280
Speaker 2: nowhere with us, are we? Jane?

983
00:47:24,719 --> 00:47:27,200
Speaker 21: Or going nowhere with its simply means we talk about

984
00:47:27,239 --> 00:47:30,040
Speaker 21: it or that and change may or may not be inevitable.

985
00:47:30,120 --> 00:47:32,160
Speaker 21: But I think we need a kind of clear ten

986
00:47:32,280 --> 00:47:35,239
Speaker 21: year direction. Right, So if we say we're not going

987
00:47:35,280 --> 00:47:37,040
Speaker 21: to change the system for ten years, but in ten

988
00:47:37,120 --> 00:47:38,840
Speaker 21: years we're going to do this, or we're going to

989
00:47:38,920 --> 00:47:41,799
Speaker 21: change the system in five years, and meantime, these are

990
00:47:41,840 --> 00:47:44,680
Speaker 21: the other settings changes we need to look at or

991
00:47:44,840 --> 00:47:47,920
Speaker 21: or but otherwise this football will just continue to be

992
00:47:48,000 --> 00:47:54,120
Speaker 21: kicked around. Yes, I don't necessarily think that major changes

993
00:47:54,280 --> 00:47:57,719
Speaker 21: is desperately needed, but you know, if it is, then

994
00:47:57,800 --> 00:47:59,600
Speaker 21: let's do it in a really considered way, and let's

995
00:47:59,640 --> 00:48:01,480
Speaker 21: do it in a way that focuses on what the

996
00:48:01,520 --> 00:48:04,840
Speaker 21: future retirees of New Zealanders need, of New Zealand needs.

997
00:48:04,920 --> 00:48:06,959
Speaker 2: I was saying to someone earlier on I started working

998
00:48:07,040 --> 00:48:10,520
Speaker 2: nineteen eighty two, and I distinctly you're so young. I

999
00:48:11,960 --> 00:48:16,440
Speaker 2: distinctly remember in nineteen eighty two thinking to myself, superannuation

1000
00:48:16,520 --> 00:48:20,040
Speaker 2: won't be a thing by the time I retire, and

1001
00:48:20,080 --> 00:48:22,640
Speaker 2: so it still is. So I took care of myself.

1002
00:48:23,200 --> 00:48:24,040
Speaker 2: Is that the answer?

1003
00:48:25,360 --> 00:48:27,359
Speaker 18: Well, it's a mixture of both, isn't it. It's a

1004
00:48:27,360 --> 00:48:27,960
Speaker 18: mixture of.

1005
00:48:27,920 --> 00:48:31,360
Speaker 21: What the underlying government support looks like and what the

1006
00:48:31,400 --> 00:48:32,560
Speaker 21: self provision looks like.

1007
00:48:33,600 --> 00:48:35,799
Speaker 18: The pension will always be with us in one form

1008
00:48:35,880 --> 00:48:36,200
Speaker 18: or another.

1009
00:48:36,280 --> 00:48:38,879
Speaker 21: It has to be, because not all people that look

1010
00:48:38,920 --> 00:48:41,560
Speaker 21: after themselves, and not all people can, you know, survive

1011
00:48:41,800 --> 00:48:44,600
Speaker 21: forty years of working and not working life without life shocks.

1012
00:48:44,600 --> 00:48:46,000
Speaker 18: So it's really important.

1013
00:48:47,160 --> 00:48:51,680
Speaker 21: So you need you need financial education, absolutely true. You

1014
00:48:51,760 --> 00:48:54,400
Speaker 21: need the right incentives to put money aside at the

1015
00:48:54,480 --> 00:48:57,680
Speaker 21: right time. You need careful nudging to make sure you

1016
00:48:57,719 --> 00:48:59,920
Speaker 21: stay on track, because god, you know we're not perfect,

1017
00:49:00,080 --> 00:49:01,560
Speaker 21: are we We go off track all the time and

1018
00:49:01,600 --> 00:49:05,160
Speaker 21: all sorts of things, and we need consistent government policy

1019
00:49:05,239 --> 00:49:08,200
Speaker 21: that allows us to trust the system that says, by

1020
00:49:08,239 --> 00:49:10,800
Speaker 21: the time I get to the stage where I can't work,

1021
00:49:11,560 --> 00:49:14,319
Speaker 21: then this is the system that we'll be facing me.

1022
00:49:14,920 --> 00:49:17,120
Speaker 21: All right, Jo, I mean, by the way, it's not

1023
00:49:17,120 --> 00:49:18,279
Speaker 21: that hard the practice it is.

1024
00:49:18,560 --> 00:49:20,480
Speaker 2: No, it doesn't. Are you leaving?

1025
00:49:21,960 --> 00:49:22,399
Speaker 17: I am?

1026
00:49:22,760 --> 00:49:25,040
Speaker 18: Yes, I am. My twom finishes in a month or so.

1027
00:49:25,239 --> 00:49:25,880
Speaker 2: What are you going to do.

1028
00:49:26,800 --> 00:49:30,840
Speaker 18: I'm going to semi retire, but I'll still be working

1029
00:49:30,880 --> 00:49:31,680
Speaker 18: in various ways.

1030
00:49:31,719 --> 00:49:34,480
Speaker 21: But yes, you know, I'm doing what I say people

1031
00:49:34,520 --> 00:49:37,400
Speaker 21: should always do is step down, slowly, step off the

1032
00:49:37,400 --> 00:49:38,120
Speaker 21: cliff immediately.

1033
00:49:38,239 --> 00:49:39,840
Speaker 2: Very good, indeed, nice to talk to you. Appreciate it

1034
00:49:39,880 --> 00:49:42,799
Speaker 2: very much, Jane writam who is the retirement commissioner for

1035
00:49:42,880 --> 00:49:46,040
Speaker 2: another month or so, nineteen minutes away from eight Sloop.

1036
00:49:46,120 --> 00:49:46,399
Speaker 18: Very good.

1037
00:49:46,400 --> 00:49:49,520
Speaker 2: Police, speaking of which, it was a massive study. It

1038
00:49:49,560 --> 00:49:51,560
Speaker 2: was in the Washington Post, but a massive study. These

1039
00:49:51,600 --> 00:49:54,480
Speaker 2: blokes tracked the transactions of more than half a million

1040
00:49:54,520 --> 00:49:58,200
Speaker 2: American since twenty fourteen, and they looked at what happened

1041
00:49:58,200 --> 00:50:02,279
Speaker 2: when home prices rose in any in countries and how

1042
00:50:02,320 --> 00:50:05,520
Speaker 2: people adapted their thinking and their spending, and the conclusion

1043
00:50:05,800 --> 00:50:08,040
Speaker 2: you should look it up. It was under the headline

1044
00:50:08,080 --> 00:50:12,000
Speaker 2: abandoning home ownership may be changing how people behave at

1045
00:50:12,040 --> 00:50:15,359
Speaker 2: work and home. And so the theory was these two

1046
00:50:15,400 --> 00:50:18,520
Speaker 2: economists looked at it. If you grow up in a

1047
00:50:18,560 --> 00:50:22,040
Speaker 2: world where you have decided, rightly or wrongly, that you

1048
00:50:22,120 --> 00:50:24,920
Speaker 2: will never own a home, what do you then do

1049
00:50:25,040 --> 00:50:28,000
Speaker 2: with your money? And the answer they came to all

1050
00:50:28,000 --> 00:50:29,840
Speaker 2: the conclusion they came to by following these half a

1051
00:50:29,840 --> 00:50:33,520
Speaker 2: million Americans, is you basically fritter it away. And they

1052
00:50:33,840 --> 00:50:36,400
Speaker 2: seem to indicate that this has got very, very serious

1053
00:50:36,440 --> 00:50:39,520
Speaker 2: long term implications, because yes, it's fantastic that you're going

1054
00:50:39,520 --> 00:50:42,120
Speaker 2: to the movies and plays and traveling more often, but

1055
00:50:42,239 --> 00:50:44,440
Speaker 2: you will get to sixty five or whatever the retirement

1056
00:50:44,480 --> 00:50:47,000
Speaker 2: age in your country is, and you'll have nothing because

1057
00:50:47,080 --> 00:50:49,120
Speaker 2: part of saving has always been home ownership. And this

1058
00:50:49,120 --> 00:50:50,759
Speaker 2: is applicable all over the world. It's not just in

1059
00:50:50,800 --> 00:50:54,080
Speaker 2: New Zealand. But if you have nothing, and you might

1060
00:50:54,080 --> 00:50:56,239
Speaker 2: have had a good time, but then so in other words,

1061
00:50:56,280 --> 00:50:59,280
Speaker 2: that it's a time bomb building. And so the argument

1062
00:50:59,360 --> 00:51:00,880
Speaker 2: is there's one of two things. One you've got to

1063
00:51:00,960 --> 00:51:03,040
Speaker 2: change the attitude, or b you've got to convince people,

1064
00:51:03,080 --> 00:51:04,680
Speaker 2: the young people of today, that they can own a

1065
00:51:04,719 --> 00:51:07,200
Speaker 2: home and they will own a home. And I've got

1066
00:51:07,200 --> 00:51:09,600
Speaker 2: five kids who are all broadly speaking of the same

1067
00:51:09,640 --> 00:51:11,120
Speaker 2: view they're never going to own a home, and I

1068
00:51:11,200 --> 00:51:15,399
Speaker 2: keep telling them that's simply not true. But they're too

1069
00:51:15,440 --> 00:51:18,000
Speaker 2: young to understand that things will change materially for them

1070
00:51:18,000 --> 00:51:20,359
Speaker 2: in a comparatively short period of time. But as long

1071
00:51:20,400 --> 00:51:22,600
Speaker 2: as you've got generations of people thinking they're never going

1072
00:51:22,640 --> 00:51:25,360
Speaker 2: to own a home, we've got a massive In other words,

1073
00:51:25,400 --> 00:51:28,160
Speaker 2: we are less than solving the problem, we're making the

1074
00:51:28,200 --> 00:51:31,480
Speaker 2: problem worse. Eighteen to two, The.

1075
00:51:31,560 --> 00:51:35,960
Speaker 1: Vike Asking Breakfast Full Show podcast on iHeartRadio powered by

1076
00:51:36,040 --> 00:51:36,840
Speaker 1: News talks at b.

1077
00:51:37,960 --> 00:51:40,879
Speaker 2: A store called Ruby. It's in a street called High Street,

1078
00:51:40,880 --> 00:51:42,840
Speaker 2: which is in Auckland, which is a very nice street

1079
00:51:42,960 --> 00:51:45,160
Speaker 2: in the central part of Auckland City. Once again, I

1080
00:51:45,200 --> 00:51:47,360
Speaker 2: apologize them on boring the rest of the country Whitler's

1081
00:51:47,360 --> 00:51:50,040
Speaker 2: but the problem is to a degree anyway, nationwide anyway,

1082
00:51:50,120 --> 00:51:53,000
Speaker 2: Ruby's closing permanently. They announced us yesterday they're closing their

1083
00:51:53,040 --> 00:51:56,520
Speaker 2: High Street shop permanently after twenty four years. They cite

1084
00:51:56,560 --> 00:52:00,320
Speaker 2: Now this is the media beat up or is the

1085
00:52:00,400 --> 00:52:04,560
Speaker 2: a genuine story here? They're citing safety. So the headline

1086
00:52:04,640 --> 00:52:08,080
Speaker 2: was safety concerns right of Downtown's dreadful. It's a problem.

1087
00:52:08,200 --> 00:52:11,800
Speaker 2: Here's another shop closing up. So they cited safety concerns,

1088
00:52:12,600 --> 00:52:16,640
Speaker 2: changing energy in the CBD. I don't know what that means.

1089
00:52:16,920 --> 00:52:20,720
Speaker 2: And and here's a big clue need for a bigger space,

1090
00:52:21,200 --> 00:52:24,439
Speaker 2: and they reiterated that their High Street store was no

1091
00:52:24,480 --> 00:52:27,200
Speaker 2: longer big enough for the business. So is it a

1092
00:52:27,360 --> 00:52:31,440
Speaker 2: size thing or is it a safety thing. We've reached

1093
00:52:31,440 --> 00:52:34,359
Speaker 2: a point where the ongoing realities of Auckland CBD mean

1094
00:52:34,440 --> 00:52:36,680
Speaker 2: High Street is no longer the right place for us.

1095
00:52:37,160 --> 00:52:38,799
Speaker 2: We have been holding on, but in the end that

1096
00:52:38,840 --> 00:52:41,279
Speaker 2: space is no longer where or what we need for

1097
00:52:41,320 --> 00:52:43,680
Speaker 2: our retail environment. Now, all of that's fine, they can

1098
00:52:43,760 --> 00:52:46,560
Speaker 2: think and say whatever they like. In present day Auckland,

1099
00:52:46,600 --> 00:52:49,879
Speaker 2: the central city has had a rough time. There are

1100
00:52:49,960 --> 00:52:54,520
Speaker 2: genuine and ongoing safety concerns for our team. So they've

1101
00:52:54,520 --> 00:52:56,560
Speaker 2: got a bit of everything going on there now. The

1102
00:52:56,600 --> 00:52:59,160
Speaker 2: only reason I raised this with you is twofold one

1103
00:52:59,239 --> 00:53:03,839
Speaker 2: Mark Mitchell's on the program tomorrow two. It was part

1104
00:53:03,880 --> 00:53:06,440
Speaker 2: of the Prime Minister's speech yesterday in which he feels

1105
00:53:06,520 --> 00:53:08,400
Speaker 2: very confident to talk about law and order, and so

1106
00:53:08,480 --> 00:53:11,000
Speaker 2: he should. Broadly speaking, this government has done it very

1107
00:53:11,080 --> 00:53:13,319
Speaker 2: very under the auspices of Mitchell, are done a very

1108
00:53:13,440 --> 00:53:15,399
Speaker 2: very good job on law and order. Law in order

1109
00:53:15,520 --> 00:53:19,600
Speaker 2: is nothing like the issue it used to be in

1110
00:53:19,640 --> 00:53:22,880
Speaker 2: this country. However, we are still standing by in the

1111
00:53:22,920 --> 00:53:25,439
Speaker 2: Auckland CBD area, are we not? For the move on orders?

1112
00:53:25,440 --> 00:53:27,319
Speaker 2: What happened to that? Before Christmas? They were sorting it

1113
00:53:27,360 --> 00:53:29,399
Speaker 2: all out, and all the homeless people and the drug

1114
00:53:29,400 --> 00:53:32,960
Speaker 2: adult and the drink addult who still frequent the area

1115
00:53:33,400 --> 00:53:35,440
Speaker 2: are seemingly still there. And I cite the second part

1116
00:53:35,440 --> 00:53:37,640
Speaker 2: of the story where we were downtown on Saturday to

1117
00:53:37,680 --> 00:53:42,080
Speaker 2: celebrate Katie's birthday at a very high end a restaurant

1118
00:53:42,200 --> 00:53:46,279
Speaker 2: in a part of Auckland that I found fascinating. It

1119
00:53:46,360 --> 00:53:48,600
Speaker 2: was a small street in which at one end you

1120
00:53:48,640 --> 00:53:50,799
Speaker 2: could look at the worst of Auckland, and at the

1121
00:53:50,840 --> 00:53:52,239
Speaker 2: other end of the street you could look at the

1122
00:53:52,280 --> 00:53:54,800
Speaker 2: best of Auckland and this restaurant was somewhere in the middle,

1123
00:53:55,280 --> 00:53:59,200
Speaker 2: and if their punt pays off, all of Auckland will

1124
00:53:59,239 --> 00:54:00,960
Speaker 2: be what they wanted to be. And I wish them

1125
00:54:00,960 --> 00:54:03,000
Speaker 2: the best with it, and I hope they're right, because

1126
00:54:03,000 --> 00:54:05,560
Speaker 2: clearly the fit out of the restaurant was spectacular and

1127
00:54:05,640 --> 00:54:08,040
Speaker 2: a lot of money had been spent, and with that

1128
00:54:08,120 --> 00:54:10,640
Speaker 2: money a lot of optimism that maybe things would eventually

1129
00:54:10,680 --> 00:54:13,719
Speaker 2: come right. But to come right, they need to get

1130
00:54:13,719 --> 00:54:15,319
Speaker 2: these move on or what is sorted. They need to

1131
00:54:15,320 --> 00:54:17,360
Speaker 2: get these people out of the downtown area, and they

1132
00:54:17,440 --> 00:54:19,360
Speaker 2: need to solve this problem. And this is where the

1133
00:54:19,400 --> 00:54:22,280
Speaker 2: government needs to actually be seen to be doing something tangible,

1134
00:54:22,560 --> 00:54:25,719
Speaker 2: because for all the speeches Luxeon can make. As I

1135
00:54:25,840 --> 00:54:29,680
Speaker 2: wandered into lunch with my family on Saturday, on the

1136
00:54:29,719 --> 00:54:32,239
Speaker 2: bench outside the restaurant was yet another one of these

1137
00:54:32,320 --> 00:54:40,440
Speaker 2: drug addled losers, yelling, screaming, causing mayhem. She eventually wandered

1138
00:54:40,440 --> 00:54:43,560
Speaker 2: off of her own volition, only to be followed by

1139
00:54:43,600 --> 00:54:47,200
Speaker 2: another one wheeling a shopping cart, and we sat down

1140
00:54:47,200 --> 00:54:50,480
Speaker 2: on the restaurant and the music seemed abnormally loud, so

1141
00:54:50,640 --> 00:54:53,040
Speaker 2: loud that we couldn't really hear ourselves talk of that much,

1142
00:54:53,719 --> 00:54:55,600
Speaker 2: and it suddenly occurred to me the reason the music

1143
00:54:55,680 --> 00:54:58,239
Speaker 2: was so loud is to drown out the screaming on

1144
00:54:58,280 --> 00:55:01,480
Speaker 2: the street of the dead are out there causing problem.

1145
00:55:01,560 --> 00:55:05,120
Speaker 2: So you've spent a fortune fitting out your restaurant, you've

1146
00:55:05,160 --> 00:55:07,480
Speaker 2: got these losers out on the street causing any amount

1147
00:55:07,520 --> 00:55:09,200
Speaker 2: of mayhem and putting people off. And of course this

1148
00:55:09,320 --> 00:55:11,279
Speaker 2: was a part of Auckland where all the tourists are,

1149
00:55:11,719 --> 00:55:13,879
Speaker 2: and so god knows what they think when they can't

1150
00:55:13,920 --> 00:55:15,560
Speaker 2: get into the restaurant where they'd like to go and

1151
00:55:15,600 --> 00:55:17,640
Speaker 2: have some lunch. Because these people are causing any problem,

1152
00:55:17,719 --> 00:55:19,680
Speaker 2: So have they solved the problem or not. So for

1153
00:55:19,760 --> 00:55:23,000
Speaker 2: all the speeches Luxeon and Mitchell can make, every time

1154
00:55:23,040 --> 00:55:24,920
Speaker 2: I individually run into one of these people on a

1155
00:55:24,920 --> 00:55:27,439
Speaker 2: park bench preventing me having lunch or spoiling my lunch,

1156
00:55:27,680 --> 00:55:29,600
Speaker 2: I'm thinking to myself, they haven't done their job properly.

1157
00:55:29,960 --> 00:55:33,279
Speaker 2: And in election year, those stories count. Turn Away from.

1158
00:55:33,200 --> 00:55:37,320
Speaker 1: Eight Heather Duplessy Allen on the mic, asking Breakfast with

1159
00:55:37,600 --> 00:55:40,600
Speaker 1: a Vita retirement, Communities News, Togs head Bes.

1160
00:55:40,440 --> 00:55:42,480
Speaker 2: Shitting away from It's got some good news around the tennis.

1161
00:55:42,560 --> 00:55:44,880
Speaker 2: If you watch the holiday tournaments out of Auckland. You

1162
00:55:44,880 --> 00:55:46,719
Speaker 2: will have seen once again rain delays. But now we've

1163
00:55:46,719 --> 00:55:50,319
Speaker 2: got a timeline all lines. Ideally the roof goes on

1164
00:55:50,719 --> 00:55:52,520
Speaker 2: there's at Stanley Street. Of course the roof goes on

1165
00:55:52,560 --> 00:55:54,920
Speaker 2: by next year, more realistically twenty eight. So it could

1166
00:55:54,920 --> 00:55:56,959
Speaker 2: be twenty seven, could be twenty eight anyway. Run West

1167
00:55:57,040 --> 00:55:59,480
Speaker 2: is the CEO of Tennis Auckland and is with us round.

1168
00:55:59,520 --> 00:56:02,840
Speaker 2: Good morning, Good morning, Mike. Can you doing very well? Indeed,

1169
00:56:02,840 --> 00:56:05,000
Speaker 2: for what I've been reading and hearing, the tournaments men's

1170
00:56:05,040 --> 00:56:07,319
Speaker 2: and women's was a success this year? Fair equip fair

1171
00:56:07,400 --> 00:56:08,080
Speaker 2: enough to say.

1172
00:56:07,880 --> 00:56:13,920
Speaker 8: That absolutely on virtually every matrix that we monitor and measure,

1173
00:56:14,560 --> 00:56:16,719
Speaker 8: I think we're going to be setting a lot of

1174
00:56:16,719 --> 00:56:17,560
Speaker 8: records this year.

1175
00:56:17,719 --> 00:56:20,120
Speaker 2: Okay, Why do these things and roofs take so long?

1176
00:56:20,200 --> 00:56:22,520
Speaker 2: The conversation's gone forever. I know the government came to

1177
00:56:22,560 --> 00:56:24,320
Speaker 2: the party to the tune of a handful of million

1178
00:56:24,360 --> 00:56:26,879
Speaker 2: dollars last year. Why does it take so long?

1179
00:56:28,920 --> 00:56:32,560
Speaker 8: Well, if anyone's been involved in major construction or even

1180
00:56:32,800 --> 00:56:37,200
Speaker 8: building your home, people know that it does take quite

1181
00:56:37,200 --> 00:56:42,560
Speaker 8: a while to get a major construction project completed. Where

1182
00:56:42,920 --> 00:56:46,000
Speaker 8: only days, if not a couple of weeks away from

1183
00:56:46,080 --> 00:56:49,360
Speaker 8: issuing our full tender pack to go out to the

1184
00:56:49,400 --> 00:56:54,239
Speaker 8: market to get our roofing and main contractor partner. So

1185
00:56:54,320 --> 00:56:57,399
Speaker 8: that's going to take a little while, probably a month

1186
00:56:57,480 --> 00:57:00,319
Speaker 8: or so to get those responses back in and we've

1187
00:57:00,320 --> 00:57:03,920
Speaker 8: got the process of a now analyzing. That's getting the

1188
00:57:04,239 --> 00:57:09,600
Speaker 8: final plans done and the dreaded building consent phase. But

1189
00:57:09,760 --> 00:57:13,239
Speaker 8: thankfully we've got great friends at the council. They are

1190
00:57:13,719 --> 00:57:21,080
Speaker 8: fully supporting the project with both finances and also the

1191
00:57:21,120 --> 00:57:24,920
Speaker 8: professional people behind the scenes. So we've already prepped them

1192
00:57:25,280 --> 00:57:28,200
Speaker 8: about the building consent and they're right behind us, and

1193
00:57:28,240 --> 00:57:33,080
Speaker 8: we'll try and circumvent as much time as possible. Then

1194
00:57:33,120 --> 00:57:36,120
Speaker 8: we've got the actual construction Mike and a few people

1195
00:57:36,160 --> 00:57:41,440
Speaker 8: probably and most people won't know that the ASB Classic starts.

1196
00:57:41,440 --> 00:57:45,480
Speaker 8: It's temporary build usually the first week of October every year,

1197
00:57:45,520 --> 00:57:48,600
Speaker 8: and it takes about three months to put everything in place,

1198
00:57:48,640 --> 00:57:53,160
Speaker 8: so we actually need to stop construction of a roof

1199
00:57:53,480 --> 00:57:56,280
Speaker 8: or have it completed by the first weekend of October

1200
00:57:56,320 --> 00:58:00,720
Speaker 8: every year. So between now and then, that's that's only

1201
00:58:00,760 --> 00:58:06,080
Speaker 8: seven months. So to have such a big project done

1202
00:58:06,120 --> 00:58:09,280
Speaker 8: in seven months, it is possible. I'm not saying it's not,

1203
00:58:09,640 --> 00:58:13,320
Speaker 8: but it is probably unlikely. So and then the last

1204
00:58:13,360 --> 00:58:17,440
Speaker 8: thing is our court is it may sound like it's

1205
00:58:17,560 --> 00:58:20,080
Speaker 8: or look like it's quite hard, but it's what's called

1206
00:58:20,120 --> 00:58:23,640
Speaker 8: a cushioned acrylic hard court surface and has actually quite

1207
00:58:23,680 --> 00:58:27,080
Speaker 8: soft So if you actually came down here and rammed

1208
00:58:27,080 --> 00:58:31,120
Speaker 8: your thumbnail into the court, it actually leaves a dent.

1209
00:58:31,280 --> 00:58:35,080
Speaker 8: So to construct the and install the roof, we will

1210
00:58:35,160 --> 00:58:39,080
Speaker 8: have to put some very large truck cranes on center court.

1211
00:58:39,160 --> 00:58:42,520
Speaker 8: We'll protect it as we always do when we have

1212
00:58:42,600 --> 00:58:45,800
Speaker 8: equipment on it, but we do need some time to

1213
00:58:45,840 --> 00:58:50,920
Speaker 8: then analyze what that equipment might do in terms of

1214
00:58:50,960 --> 00:58:54,360
Speaker 8: damage to the court and make the repairs. So if

1215
00:58:54,360 --> 00:58:56,840
Speaker 8: we don't have an operable court, we don't have a

1216
00:58:56,920 --> 00:58:57,640
Speaker 8: nice spe trailing.

1217
00:58:57,680 --> 00:58:59,960
Speaker 2: You do not exactly. Well, I'm glad the wheels finally,

1218
00:59:00,320 --> 00:59:02,880
Speaker 2: but I'm saying twenty eight not twenty seven, because from

1219
00:59:02,920 --> 00:59:04,920
Speaker 2: what you've just explained, that's going to take till twenty eight,

1220
00:59:04,960 --> 00:59:06,320
Speaker 2: not twenty seven. But I wish you were were at

1221
00:59:06,360 --> 00:59:08,320
Speaker 2: Rome West, who's the the boss of Auckland Tennis. There

1222
00:59:08,360 --> 00:59:11,360
Speaker 2: was a bit of random rain around the place over

1223
00:59:11,400 --> 00:59:14,040
Speaker 2: somewhere and they lost some time. Once again, Mike no

1224
00:59:14,080 --> 00:59:16,320
Speaker 2: one goes to town. It's all your set simply isn't true.

1225
00:59:16,920 --> 00:59:19,160
Speaker 2: Having been in the Auckland CBD a couple of times

1226
00:59:19,160 --> 00:59:22,560
Speaker 2: over of the summer period, I've noted a marked, marked

1227
00:59:22,800 --> 00:59:27,280
Speaker 2: change one in Auckland. Generally there are more people in Auckland.

1228
00:59:27,320 --> 00:59:29,640
Speaker 2: I said the other day yesterday, I couldn't work out

1229
00:59:29,640 --> 00:59:31,960
Speaker 2: whether a lot of people have come to Auckland from

1230
00:59:31,960 --> 00:59:33,680
Speaker 2: outside for the holidays or where there's just a lot

1231
00:59:33,720 --> 00:59:36,000
Speaker 2: of Auckland people didn't leave Auckland anyway. I've noticed that

1232
00:59:36,080 --> 00:59:40,120
Speaker 2: change and also downtown have been downtown specificly hardcore CBD

1233
00:59:40,400 --> 00:59:42,880
Speaker 2: a couple of times, and I've been surprised.

1234
00:59:44,040 --> 00:59:46,720
Speaker 14: Most importantly, you haven't told us how was Popeye's Like?

1235
00:59:47,560 --> 00:59:48,400
Speaker 2: It's incredible.

1236
00:59:48,640 --> 00:59:49,600
Speaker 14: Yeah, I haven't been yet.

1237
00:59:50,320 --> 00:59:54,320
Speaker 2: Hear those flavorate chips, good stuff, but it was some

1238
00:59:54,440 --> 00:59:56,280
Speaker 2: nice birthdays. You wanted to go there? So what do

1239
00:59:56,320 --> 00:59:58,760
Speaker 2: you do? News for you in a couple of moments,

1240
00:59:58,840 --> 00:59:59,840
Speaker 2: and then Blair.

1241
00:59:59,720 --> 01:00:06,480
Speaker 1: Chute asking the questions others won't the mic asking Breakfast

1242
01:00:06,560 --> 01:00:20,600
Speaker 1: with the Defender embraced the impossible news togs the'd be.

1243
01:00:15,440 --> 01:00:17,560
Speaker 2: A seven past age in the world where there was

1244
01:00:17,600 --> 01:00:19,440
Speaker 2: one A lot of sport and two a lot of

1245
01:00:19,440 --> 01:00:23,040
Speaker 2: sports that's increasingly increasing in popularity sales. GP is right

1246
01:00:23,080 --> 01:00:24,480
Speaker 2: up there in terms of growth at the moment. The

1247
01:00:24,480 --> 01:00:26,880
Speaker 2: competition heading towards its second round in New Zealand. For

1248
01:00:26,920 --> 01:00:28,840
Speaker 2: this year, round one over the weekend got the headlines

1249
01:00:28,880 --> 01:00:30,760
Speaker 2: of course, as olboat got nailed and we had to

1250
01:00:30,800 --> 01:00:34,600
Speaker 2: pick bits up out of the water. Co Ceo Blair

1251
01:00:34,720 --> 01:00:37,040
Speaker 2: Chuke is with us from the Black Boils. Blair, good

1252
01:00:37,040 --> 01:00:40,240
Speaker 2: morning to you. Yeah, good morning Mike, and happy New

1253
01:00:40,320 --> 01:00:42,040
Speaker 2: Year to you. Do you get any time off over

1254
01:00:42,080 --> 01:00:45,320
Speaker 2: the Christmas period? It was at all hands to the deck.

1255
01:00:46,480 --> 01:00:46,520
Speaker 24: No.

1256
01:00:46,640 --> 01:00:48,240
Speaker 9: I did manage to get a couple of weeks off,

1257
01:00:48,280 --> 01:00:48,919
Speaker 9: which was nice.

1258
01:00:48,960 --> 01:00:53,560
Speaker 24: But yeah, we finished that last season what early December,

1259
01:00:53,560 --> 01:00:56,920
Speaker 24: and then this one was just last on the weekend

1260
01:00:56,960 --> 01:00:59,520
Speaker 24: with the prep bleeding ends. It wasn't it wasn't too

1261
01:00:59,560 --> 01:01:01,800
Speaker 24: much time off, but nice to be in New Zealand

1262
01:01:01,800 --> 01:01:03,120
Speaker 24: spend some time with friends and family.

1263
01:01:03,320 --> 01:01:05,120
Speaker 2: So what do you do? Did you pick all the

1264
01:01:05,120 --> 01:01:06,880
Speaker 2: pieces up out of the water if you glued them

1265
01:01:06,880 --> 01:01:08,560
Speaker 2: make together? How does that work these days?

1266
01:01:09,600 --> 01:01:11,760
Speaker 9: Yeah, it certainly wasn't a good moment for us.

1267
01:01:11,800 --> 01:01:15,800
Speaker 24: In Perth on the weekend, one of the bigger incidents

1268
01:01:15,800 --> 01:01:21,480
Speaker 24: have been involved with. Just yeah, really unfortunate, Mike. You know,

1269
01:01:21,520 --> 01:01:23,960
Speaker 24: the racing rules are sailing are one thing, and through

1270
01:01:24,000 --> 01:01:26,560
Speaker 24: that moment when you're maneuvering like that, two boats are maneuvering,

1271
01:01:26,600 --> 01:01:29,800
Speaker 24: the rules are changing between probably three different rules in

1272
01:01:29,840 --> 01:01:33,720
Speaker 24: this space of a few seconds. The umpires deemed us

1273
01:01:33,760 --> 01:01:37,520
Speaker 24: to be in the wrong what people would probably recognize

1274
01:01:37,520 --> 01:01:39,480
Speaker 24: as a clear port star but it although it all

1275
01:01:39,520 --> 01:01:43,960
Speaker 24: happen quick, but outside of the racing rules, there's an

1276
01:01:43,720 --> 01:01:46,560
Speaker 24: obligation on all boats to try and keep the boats apart,

1277
01:01:47,120 --> 01:01:52,280
Speaker 24: and the aggressive move by the Swiss was quite dangerous

1278
01:01:52,480 --> 01:01:55,840
Speaker 24: in my opinion, and trying to clear out behind us

1279
01:01:55,920 --> 01:02:00,440
Speaker 24: rather than diverging them steer back to the left, you know,

1280
01:02:00,640 --> 01:02:03,360
Speaker 24: was what caused the Bigginson in my opinion. So yeah,

1281
01:02:03,360 --> 01:02:05,400
Speaker 24: pretty frustrated to be ruled out of the weekend, but

1282
01:02:05,400 --> 01:02:08,320
Speaker 24: at the same time glad that everyone's okay, especially Pete

1283
01:02:08,320 --> 01:02:11,000
Speaker 24: at the back. There was very close to where the

1284
01:02:11,040 --> 01:02:12,160
Speaker 24: bow went through our boat.

1285
01:02:13,240 --> 01:02:16,360
Speaker 2: Is the fixed difficult? And is it time? Is it money?

1286
01:02:16,440 --> 01:02:16,959
Speaker 2: Is it both?

1287
01:02:18,400 --> 01:02:22,600
Speaker 24: Yes, it's difficult first answer, but the sale GP technology

1288
01:02:22,640 --> 01:02:25,360
Speaker 24: seems very good now they're up and running in the

1289
01:02:25,440 --> 01:02:29,360
Speaker 24: new facility in Southampton in the UK, and what will

1290
01:02:29,440 --> 01:02:31,400
Speaker 24: happen from here will be that a new part of

1291
01:02:31,440 --> 01:02:35,640
Speaker 24: the boat will be made, or they're going to take

1292
01:02:35,640 --> 01:02:38,400
Speaker 24: a part of the boat that's actually in one of

1293
01:02:38,400 --> 01:02:39,960
Speaker 24: the boats that was coming online next season.

1294
01:02:40,000 --> 01:02:42,400
Speaker 9: So I'll take the port stern of one of those boats.

1295
01:02:43,280 --> 01:02:45,160
Speaker 24: They'll cut that or lay up a new one the

1296
01:02:45,240 --> 01:02:48,000
Speaker 24: last one meter and a half or two meters, and

1297
01:02:48,040 --> 01:02:50,760
Speaker 24: then they'll fly that down to Auckland, which they should

1298
01:02:50,760 --> 01:02:54,720
Speaker 24: rendezvous with our boat coming from Perth on around the

1299
01:02:54,760 --> 01:02:57,880
Speaker 24: fourth or fifth of February, and then here in Auckland

1300
01:02:57,880 --> 01:03:02,640
Speaker 24: they'll splice the two together and we should be racing

1301
01:03:02,880 --> 01:03:04,080
Speaker 24: on the fourteenth and fifteenth.

1302
01:03:04,360 --> 01:03:05,040
Speaker 9: That's the plan.

1303
01:03:05,120 --> 01:03:07,320
Speaker 24: All going well, but it's going to need some work.

1304
01:03:07,440 --> 01:03:09,920
Speaker 24: But really confident in the team they've got there to

1305
01:03:09,920 --> 01:03:10,600
Speaker 24: do that for us.

1306
01:03:10,680 --> 01:03:12,760
Speaker 2: Who pays for that? How does the system work? Because

1307
01:03:12,920 --> 01:03:15,160
Speaker 2: I'm an F one gig and so you've got your

1308
01:03:15,160 --> 01:03:17,800
Speaker 2: own budgets, your own teams, you fix your own problems.

1309
01:03:17,840 --> 01:03:21,960
Speaker 2: So you've got a centerpiece in Britain. Is it covered

1310
01:03:21,960 --> 01:03:22,920
Speaker 2: as part of the competition.

1311
01:03:24,200 --> 01:03:25,920
Speaker 9: No, this will be covered by the team.

1312
01:03:26,560 --> 01:03:30,480
Speaker 24: However it gets fixed by the all the boats in

1313
01:03:30,600 --> 01:03:36,040
Speaker 24: sales GP are owned by the league themselves, and we

1314
01:03:36,200 --> 01:03:39,760
Speaker 24: charted them off off the league. However, any costs like

1315
01:03:39,800 --> 01:03:43,400
Speaker 24: this would be incurred by the teams. Wow, and different

1316
01:03:43,400 --> 01:03:45,960
Speaker 24: teams have different variants of levels of insurance cover this

1317
01:03:46,000 --> 01:03:50,160
Speaker 24: sort of thing. So yeah, it's a fairly significant cost.

1318
01:03:50,360 --> 01:03:55,240
Speaker 24: But the racings type moments like these are happening every

1319
01:03:55,240 --> 01:03:58,760
Speaker 24: other weekend. Like I said right the headline, I guess

1320
01:03:58,800 --> 01:04:04,800
Speaker 24: just disappointed at the action where they came aggressive to

1321
01:04:04,800 --> 01:04:06,360
Speaker 24: go behind us rather than divert your way.

1322
01:04:06,520 --> 01:04:10,240
Speaker 2: I speaking to you as a CEO, co CEO that,

1323
01:04:10,360 --> 01:04:12,800
Speaker 2: by the way, are you enjoying that away from how

1324
01:04:12,880 --> 01:04:16,400
Speaker 2: much away from sailing CEO is going on for you?

1325
01:04:17,400 --> 01:04:17,960
Speaker 3: Oh a lot?

1326
01:04:18,080 --> 01:04:20,760
Speaker 24: No, That's definitely where I've seen my future, and that

1327
01:04:21,200 --> 01:04:23,560
Speaker 24: evolution on my role over the last few years has

1328
01:04:23,600 --> 01:04:28,000
Speaker 24: been something that I've loved. That's challenged me more than

1329
01:04:28,360 --> 01:04:31,360
Speaker 24: what the sailing has right, that's sailing over the last

1330
01:04:31,800 --> 01:04:36,280
Speaker 24: few years I've rased in America's Cups were racing the Olympics. Yes,

1331
01:04:36,320 --> 01:04:38,360
Speaker 24: we haven't won sale GP yet.

1332
01:04:38,200 --> 01:04:40,520
Speaker 9: But the.

1333
01:04:41,120 --> 01:04:44,240
Speaker 24: Wider business and trying to grow the black Foils on

1334
01:04:44,320 --> 01:04:47,240
Speaker 24: all aspects of it is what's challenged me, excites me,

1335
01:04:47,320 --> 01:04:49,960
Speaker 24: and I've got huge potential in the future.

1336
01:04:50,040 --> 01:04:51,120
Speaker 9: Act you talked about.

1337
01:04:50,880 --> 01:04:54,720
Speaker 2: The start because because back to my original question, the model,

1338
01:04:55,240 --> 01:04:56,120
Speaker 2: does the model work?

1339
01:04:56,160 --> 01:04:56,360
Speaker 10: Well?

1340
01:04:56,360 --> 01:04:58,439
Speaker 2: Do you like the model that you've got a central base,

1341
01:04:58,480 --> 01:05:01,040
Speaker 2: You've got some independence, but not compared Lee independence. Is that?

1342
01:05:01,240 --> 01:05:02,640
Speaker 2: Is that a good way of operating?

1343
01:05:04,320 --> 01:05:06,520
Speaker 9: Yes, I think the model's proven itself.

1344
01:05:06,720 --> 01:05:10,479
Speaker 24: We're into season six now, and yeah, the numbers speak

1345
01:05:10,520 --> 01:05:14,640
Speaker 24: for themselves. Sal GPS growing at a huge you know,

1346
01:05:14,680 --> 01:05:15,920
Speaker 24: it's on a huge trajectory.

1347
01:05:16,320 --> 01:05:18,640
Speaker 9: Both the league itself but also.

1348
01:05:18,960 --> 01:05:24,280
Speaker 24: The individual teams averaged eighteen million dedicated broadcast views per

1349
01:05:24,320 --> 01:05:27,880
Speaker 24: event last year. Social media grows, the events are growing.

1350
01:05:28,800 --> 01:05:33,400
Speaker 24: I took the opportunity actually on Sunday, which was was

1351
01:05:33,480 --> 01:05:36,200
Speaker 24: tough to swallow, to go sit in the grandstands. And

1352
01:05:36,960 --> 01:05:41,160
Speaker 24: once I got over myself and started enjoying it, it

1353
01:05:40,800 --> 01:05:43,320
Speaker 24: was an awesome experience and I wouldn't get that otherwise.

1354
01:05:43,320 --> 01:05:45,040
Speaker 24: And I wanted to go put in my CEO head.

1355
01:05:45,040 --> 01:05:48,600
Speaker 24: I wanted to go and sit in there and trying

1356
01:05:48,640 --> 01:05:51,240
Speaker 24: to enjoy it and understand that side of the business.

1357
01:05:51,280 --> 01:05:54,640
Speaker 24: And yeah, that's a seriously cool sporting property I have.

1358
01:05:54,760 --> 01:05:56,280
Speaker 2: I have several questions around that for you in just

1359
01:05:56,320 --> 01:05:58,040
Speaker 2: a moment, hold on, I go away. Blair Chuke is

1360
01:05:58,040 --> 01:05:58,800
Speaker 2: with us more than a moment.

1361
01:05:58,880 --> 01:06:03,480
Speaker 1: Thirteen past the Mic Hosking Breakfast Full Show podcast on

1362
01:06:03,600 --> 01:06:05,800
Speaker 1: iHeartRadio powered by News Talks.

1363
01:06:05,840 --> 01:06:08,600
Speaker 2: It be News Talks that we caught a past a

1364
01:06:08,640 --> 01:06:10,640
Speaker 2: Bleir too, because I guest Blear. I was reading the

1365
01:06:11,160 --> 01:06:12,960
Speaker 2: You talked about the audiences and the growth and all

1366
01:06:13,000 --> 01:06:14,880
Speaker 2: that time looking at the metrics and how many people

1367
01:06:14,880 --> 01:06:17,480
Speaker 2: are watching. Do you have a view, either as a

1368
01:06:17,520 --> 01:06:20,360
Speaker 2: sportsman or a CEO. It seems to me there are

1369
01:06:20,400 --> 01:06:22,320
Speaker 2: certain sports in the world. Yours is one of them.

1370
01:06:22,520 --> 01:06:26,320
Speaker 2: The growth is exponential. People can't get enough of sport.

1371
01:06:26,640 --> 01:06:29,959
Speaker 2: There are eyeballs, there are ticket sales, that are broadcasting rights,

1372
01:06:30,000 --> 01:06:33,840
Speaker 2: there's huge money involved in it all. Why what's happened

1373
01:06:33,880 --> 01:06:35,440
Speaker 2: to sport that has become so big?

1374
01:06:37,680 --> 01:06:40,920
Speaker 9: Well, I think for us it's a it's a new

1375
01:06:41,040 --> 01:06:41,800
Speaker 9: sporting property.

1376
01:06:41,880 --> 01:06:44,920
Speaker 24: Yes it's a it's a sailing race, but it's a

1377
01:06:45,000 --> 01:06:47,840
Speaker 24: sailing race that hasn't been seen before, and it's been

1378
01:06:48,280 --> 01:06:52,800
Speaker 24: built for the fans from the outset and because of

1379
01:06:52,840 --> 01:06:56,600
Speaker 24: that nature and because there was no yes, we race

1380
01:06:57,160 --> 01:06:59,480
Speaker 24: sort of under the racing rules of sailing. But it's

1381
01:06:59,760 --> 01:07:02,880
Speaker 24: just started up from it from scratch, and the league

1382
01:07:03,000 --> 01:07:04,600
Speaker 24: and all the teams have been able to pivot and

1383
01:07:04,640 --> 01:07:09,240
Speaker 24: are just much like a startup bill would. And so

1384
01:07:09,320 --> 01:07:11,960
Speaker 24: we've just pivot followed what what the fans want, what

1385
01:07:12,000 --> 01:07:14,960
Speaker 24: the commercial partners want, and that's helped us with that

1386
01:07:15,080 --> 01:07:20,600
Speaker 24: trajectory and it's a it's a really exciting thing to watch.

1387
01:07:20,920 --> 01:07:23,760
Speaker 24: I know you're a big F one fan and when

1388
01:07:23,800 --> 01:07:25,400
Speaker 24: you what you see with the growth of F one,

1389
01:07:25,440 --> 01:07:28,520
Speaker 24: when you're at F one race, you're seeing one corner

1390
01:07:28,600 --> 01:07:30,720
Speaker 24: or one one straight, whatever it might be.

1391
01:07:30,760 --> 01:07:33,480
Speaker 9: At a SALGP race, you see the whole course.

1392
01:07:33,720 --> 01:07:36,960
Speaker 24: So there's action a plenty and I saw that firsthand

1393
01:07:37,640 --> 01:07:40,880
Speaker 24: free on the weekend where you're seeing boats whether it're

1394
01:07:40,880 --> 01:07:44,600
Speaker 24: in first or back in tenth or eleventh, are coming

1395
01:07:44,640 --> 01:07:47,240
Speaker 24: into the bottom marks, crashing and you're seeing the whole thing.

1396
01:07:47,360 --> 01:07:52,680
Speaker 24: So that's the big machines and that and it is

1397
01:07:52,760 --> 01:07:57,400
Speaker 24: capturing people's imaginations and dragging people to it and it's

1398
01:07:57,480 --> 01:08:02,800
Speaker 24: bringing its salgyps. Ever been about getting the sailing fans involved.

1399
01:08:02,840 --> 01:08:05,800
Speaker 24: It's always been about that racing fans and trying to

1400
01:08:05,840 --> 01:08:08,720
Speaker 24: convert them across from other types of sports and that's

1401
01:08:08,720 --> 01:08:11,520
Speaker 24: happening where people want to see action and they get.

1402
01:08:11,760 --> 01:08:13,760
Speaker 2: That was my that was my next question. Are the

1403
01:08:13,760 --> 01:08:15,560
Speaker 2: people who are coming do you know what does the

1404
01:08:15,600 --> 01:08:18,559
Speaker 2: league know? Are they coming from other sports or are

1405
01:08:18,560 --> 01:08:22,040
Speaker 2: these just it's tech, it's speed And if you've got

1406
01:08:22,080 --> 01:08:23,800
Speaker 2: tech and speed together, you've got a fan.

1407
01:08:25,120 --> 01:08:28,280
Speaker 24: Yes, that's the primary fan, is what we deem the

1408
01:08:28,960 --> 01:08:32,559
Speaker 24: racing fans. So that's the someone that likes this type

1409
01:08:32,560 --> 01:08:35,519
Speaker 24: of sport and sees this and goes, well, I want

1410
01:08:35,560 --> 01:08:38,479
Speaker 24: to watch it, try and alarm myself with the team

1411
01:08:39,080 --> 01:08:41,880
Speaker 24: that's first and foremost, and that's happening and big numbers

1412
01:08:41,920 --> 01:08:44,200
Speaker 24: right across the world. And you know, for us at

1413
01:08:44,240 --> 01:08:46,680
Speaker 24: the Black Foils, we've we've got people that might have

1414
01:08:46,760 --> 01:08:48,880
Speaker 24: been America's Cup fans in the past, or Pete and

1415
01:08:48,880 --> 01:08:51,400
Speaker 24: Blair fans through the Olympics, and they are now becoming

1416
01:08:51,800 --> 01:08:55,080
Speaker 24: Black Foils fans and they're learning the leos, the lives

1417
01:08:55,080 --> 01:08:59,320
Speaker 24: and they are becoming their own stars, stars in their own.

1418
01:08:59,360 --> 01:09:02,280
Speaker 9: So that's it's different different markets.

1419
01:09:02,439 --> 01:09:04,240
Speaker 24: And we're lucky here in New Zealand we've got that

1420
01:09:04,800 --> 01:09:10,800
Speaker 24: big foundation of sailing support. So when you get that

1421
01:09:10,840 --> 01:09:12,439
Speaker 24: combination it's powerful.

1422
01:09:12,760 --> 01:09:15,240
Speaker 2: Do you have a breakdown in that sense? Is it

1423
01:09:15,320 --> 01:09:17,320
Speaker 2: young people? Everybody?

1424
01:09:17,479 --> 01:09:17,679
Speaker 22: Men?

1425
01:09:17,840 --> 01:09:20,080
Speaker 9: Women, Yes, it's.

1426
01:09:21,520 --> 01:09:25,160
Speaker 24: It's pretty even gender wise, and it's I think the

1427
01:09:25,200 --> 01:09:26,080
Speaker 24: average fan.

1428
01:09:28,320 --> 01:09:28,759
Speaker 9: Thirties.

1429
01:09:28,800 --> 01:09:31,479
Speaker 24: We've still got which so it's not the super young,

1430
01:09:32,120 --> 01:09:36,680
Speaker 24: but it is low right. And then there's also there's

1431
01:09:36,680 --> 01:09:38,800
Speaker 24: people that are watching at home. But then there's also

1432
01:09:38,840 --> 01:09:41,840
Speaker 24: the people coming to enjoy the events, as you know,

1433
01:09:41,840 --> 01:09:43,599
Speaker 24: we'll see in Auckland where people want to come out,

1434
01:09:43,640 --> 01:09:45,360
Speaker 24: they want to have a good day out. Sure there's

1435
01:09:45,360 --> 01:09:48,080
Speaker 24: some sailing on, but it's more about the whole experience

1436
01:09:48,280 --> 01:09:50,480
Speaker 24: rather than just the sailing.

1437
01:09:50,240 --> 01:09:53,640
Speaker 2: And the appendages to the competition, like renewable power, the

1438
01:09:53,680 --> 01:09:57,599
Speaker 2: sort of the messaging around that. How important is that

1439
01:09:57,720 --> 01:10:01,920
Speaker 2: as a model to present to a wider public? I mean,

1440
01:10:01,960 --> 01:10:03,960
Speaker 2: does it mean anything to the average fan or are

1441
01:10:03,960 --> 01:10:05,080
Speaker 2: you just watching a bit of sailing?

1442
01:10:06,360 --> 01:10:06,400
Speaker 20: No?

1443
01:10:06,600 --> 01:10:13,559
Speaker 24: I think having that foundation there of you know, for us,

1444
01:10:13,560 --> 01:10:16,160
Speaker 24: it's racing in partnership with live otion. Different teams have

1445
01:10:16,240 --> 01:10:20,519
Speaker 24: got different organizational chows are aligned with. For us, it's

1446
01:10:20,720 --> 01:10:23,040
Speaker 24: it's right now the DNA as a team and it

1447
01:10:23,080 --> 01:10:25,600
Speaker 24: has been from the start, so it's not like it

1448
01:10:25,720 --> 01:10:28,439
Speaker 24: was something that said, oh we need to go clean

1449
01:10:28,439 --> 01:10:30,080
Speaker 24: and green and tie us to something.

1450
01:10:30,120 --> 01:10:30,800
Speaker 9: So let's do it.

1451
01:10:30,840 --> 01:10:32,680
Speaker 24: And you can kind of see from the outside that

1452
01:10:32,720 --> 01:10:37,080
Speaker 24: it's just just token for us as and with the team,

1453
01:10:37,080 --> 01:10:38,880
Speaker 24: and has been from the start. I mean we started

1454
01:10:38,920 --> 01:10:44,360
Speaker 24: liveotion before the Black Foils. So I think obviously we've

1455
01:10:44,360 --> 01:10:46,639
Speaker 24: seen a lot of change in the in the world

1456
01:10:46,640 --> 01:10:49,160
Speaker 24: over the last couple of years where countries are pulling

1457
01:10:49,200 --> 01:10:53,559
Speaker 24: back and organizations are pulling back in this area, but

1458
01:10:53,760 --> 01:10:57,200
Speaker 24: it's still really core to the whole of svaldyp as

1459
01:10:57,200 --> 01:10:58,920
Speaker 24: a league and the individual teams.

1460
01:10:59,479 --> 01:11:01,200
Speaker 2: Did you think what it is today is what it

1461
01:11:01,240 --> 01:11:03,879
Speaker 2: would be? I mean, someone's a genius as Coots a genius.

1462
01:11:06,040 --> 01:11:11,840
Speaker 24: Yeah, he's got a very good vision for this and

1463
01:11:11,880 --> 01:11:16,120
Speaker 24: he and Larry. Obviously without Larry there to underride it

1464
01:11:16,320 --> 01:11:19,800
Speaker 24: and get it going, wouldn't have wouldn't have happened. But

1465
01:11:19,880 --> 01:11:23,080
Speaker 24: now that you're seeing the sponsors, they are involved and

1466
01:11:23,120 --> 01:11:27,400
Speaker 24: are involved, big global brands, ten year plus deals.

1467
01:11:27,439 --> 01:11:32,040
Speaker 9: That's this is the real deal. So it's yeah, it's.

1468
01:11:31,880 --> 01:11:34,519
Speaker 24: Still early, like right, it seems like five six years,

1469
01:11:34,720 --> 01:11:38,360
Speaker 24: but this is still early doors for where all going to.

1470
01:11:39,320 --> 01:11:42,120
Speaker 2: How do you personally view it? I mean, is it

1471
01:11:42,240 --> 01:11:45,880
Speaker 2: still exciting to get on those little boats that you

1472
01:11:45,960 --> 01:11:48,719
Speaker 2: used to win Olympics in or is that now just

1473
01:11:48,760 --> 01:11:51,080
Speaker 2: so far down the rear view mirror it's not worth

1474
01:11:51,080 --> 01:11:53,360
Speaker 2: talking about. And is the America's Cup still a thing

1475
01:11:53,400 --> 01:11:56,559
Speaker 2: because of its glamor in history or is the tech

1476
01:11:56,600 --> 01:11:59,280
Speaker 2: and the speed where it's all going to be at?

1477
01:12:01,160 --> 01:12:04,320
Speaker 9: Well, I think the first part of that question.

1478
01:12:04,400 --> 01:12:06,479
Speaker 24: The forty nine is always going to have a special

1479
01:12:06,840 --> 01:12:10,040
Speaker 24: part in my heart. Is such a big chunk of

1480
01:12:10,640 --> 01:12:13,400
Speaker 24: Pete and myself's career and it's what led us to

1481
01:12:13,439 --> 01:12:17,360
Speaker 24: so so much where there was America's Cup or all

1482
01:12:17,400 --> 01:12:21,760
Speaker 24: this the Black Foils. But yeah, no one's ever going

1483
01:12:21,800 --> 01:12:24,200
Speaker 24: to take away from your leading the country into the

1484
01:12:24,240 --> 01:12:28,439
Speaker 24: into the Madicana Stadium in Rio, or winning that gold medal,

1485
01:12:28,439 --> 01:12:31,479
Speaker 24: and that's such a such a huge thing. And there's

1486
01:12:31,560 --> 01:12:33,760
Speaker 24: a lot of young guys and girls coming up through

1487
01:12:33,760 --> 01:12:36,759
Speaker 24: the Olympic sailing in New Zealand now that are sailing

1488
01:12:36,760 --> 01:12:39,799
Speaker 24: those boats and they'll have bright futures. So that's still

1489
01:12:40,000 --> 01:12:44,040
Speaker 24: that still is very much a pathway with regards to

1490
01:12:44,040 --> 01:12:46,800
Speaker 24: America's Cup. I think, you know, I really do hope

1491
01:12:46,800 --> 01:12:51,720
Speaker 24: that both sporting properties have a successful future, and I

1492
01:12:51,720 --> 01:12:54,400
Speaker 24: think the America's Cup, like you mentioned, has has that

1493
01:12:54,560 --> 01:12:58,120
Speaker 24: long history and that they will always that and that

1494
01:12:58,120 --> 01:13:00,280
Speaker 24: that sets them up really well from a brand point

1495
01:13:00,280 --> 01:13:03,839
Speaker 24: of view. You know, they've made some quite big changes

1496
01:13:03,920 --> 01:13:08,800
Speaker 24: this edition and some continuity and try and take out

1497
01:13:08,840 --> 01:13:12,200
Speaker 24: the big laos for sale GP that's been part of

1498
01:13:12,200 --> 01:13:14,080
Speaker 24: it from the start where we race. You know this

1499
01:13:14,200 --> 01:13:17,280
Speaker 24: year thirty or forteen events all around the world.

1500
01:13:18,280 --> 01:13:20,600
Speaker 2: Jerkley interesting, great to catch up with you might go

1501
01:13:20,680 --> 01:13:22,400
Speaker 2: well and good luck an early feb and I hope

1502
01:13:22,400 --> 01:13:24,120
Speaker 2: it all comes back together again. A lot of people

1503
01:13:24,160 --> 01:13:25,680
Speaker 2: will be turning out to watch good to catch up

1504
01:13:25,680 --> 01:13:26,200
Speaker 2: with you and talk.

1505
01:13:27,200 --> 01:13:27,479
Speaker 9: Thank you.

1506
01:13:27,520 --> 01:13:31,479
Speaker 2: Mike blair Chuk, who is the co CEO of sale

1507
01:13:31,520 --> 01:13:33,719
Speaker 2: Gpick the Black Boils twenty two.

1508
01:13:34,560 --> 01:13:37,639
Speaker 1: The Mic Asking, Breakfast with the Defender and news Togs

1509
01:13:37,640 --> 01:13:39,080
Speaker 1: Dead b tell.

1510
01:13:38,960 --> 01:13:40,880
Speaker 2: You what one of the interesting things after Christmas, how

1511
01:13:40,880 --> 01:13:43,040
Speaker 2: many people realize what they've been missing out on. Right,

1512
01:13:43,080 --> 01:13:45,400
Speaker 2: So you're sitting with family, the grandkids are chatting, the

1513
01:13:45,479 --> 01:13:48,400
Speaker 2: jokes rolling, You catch yourself smiling along rather than joining it,

1514
01:13:48,439 --> 01:13:50,920
Speaker 2: and sneaks up on you see, and many don't notice

1515
01:13:50,960 --> 01:13:55,000
Speaker 2: until moments like this. So resonates team say it's exactly

1516
01:13:55,040 --> 01:13:57,080
Speaker 2: these sort of things when the older the hearing aid

1517
01:13:57,120 --> 01:13:59,840
Speaker 2: whereas you know, suddenly go We'll hold on, here's something

1518
01:13:59,880 --> 01:14:02,240
Speaker 2: my not be right. So catching the comments, all the

1519
01:14:02,320 --> 01:14:04,519
Speaker 2: laugh of the subtle background noises, all that sort of

1520
01:14:04,520 --> 01:14:07,040
Speaker 2: thing makes you feel connected, which is why so many

1521
01:14:07,040 --> 01:14:09,240
Speaker 2: people book appointments in January, which is what they're doing

1522
01:14:09,320 --> 01:14:12,320
Speaker 2: at the moment. Christmas makes it clear that something's changed.

1523
01:14:12,360 --> 01:14:15,400
Speaker 2: So if you felt that feeling recently worth getting checked

1524
01:14:15,439 --> 01:14:19,040
Speaker 2: properly full hearing assessment that brings clarity. This is resonates

1525
01:14:19,120 --> 01:14:24,000
Speaker 2: EAR three sixty assessment looks at ehygiene, hearing balance, cognition. Overall,

1526
01:14:24,040 --> 01:14:27,720
Speaker 2: ear health catches those small issues early mentioned my name, Mike.

1527
01:14:27,840 --> 01:14:30,479
Speaker 2: You'll receive fifty percent off that EAR three sixty assessment.

1528
01:14:30,520 --> 01:14:33,519
Speaker 2: That's well worth having. It's at Resonate eight hundred Resonate

1529
01:14:34,200 --> 01:14:37,240
Speaker 2: eight hundred seven three seven sixty six two online at

1530
01:14:37,320 --> 01:14:41,880
Speaker 2: resonatehealth dot co dot nz. Asking Mike, who do you

1531
01:14:41,920 --> 01:14:43,880
Speaker 2: have for the Super Bowl? Good question. I'll come back

1532
01:14:43,880 --> 01:14:45,560
Speaker 2: to you. Mike. Has there been an outcome read the

1533
01:14:45,640 --> 01:14:49,400
Speaker 2: ransom demand on my health? Very good question. I'll come

1534
01:14:49,439 --> 01:14:51,559
Speaker 2: back to you on that as well. After the news

1535
01:14:51,560 --> 01:14:53,240
Speaker 2: in a couple of moments, and I've got some good

1536
01:14:53,280 --> 01:14:55,679
Speaker 2: news on that Ruby Downtown story I told you about.

1537
01:14:55,920 --> 01:14:59,320
Speaker 2: I didn't realize a resolution has been found already to that.

1538
01:15:01,200 --> 01:15:04,479
Speaker 2: We will go to Rodludle in the UK meantime for News.

1539
01:15:04,320 --> 01:15:10,960
Speaker 1: Is Next Opinionated, informed, unapologetic, the mic asking breakfast with

1540
01:15:11,120 --> 01:15:15,200
Speaker 1: Bailey's real Estate, doing real estate differently since nineteen seventy three,

1541
01:15:15,360 --> 01:15:16,320
Speaker 1: News togs he'd.

1542
01:15:16,120 --> 01:15:16,840
Speaker 3: Been very good.

1543
01:15:16,920 --> 01:15:19,960
Speaker 2: Question outcome to the ransom demand for my health. It

1544
01:15:19,960 --> 01:15:24,120
Speaker 2: turns out I was caught up in that because I

1545
01:15:24,160 --> 01:15:27,600
Speaker 2: am involved with manage my health and so not that

1546
01:15:27,720 --> 01:15:30,120
Speaker 2: I was. We did have a discussion over the holiday period.

1547
01:15:30,240 --> 01:15:32,840
Speaker 2: I said, I don't care if they've got my health

1548
01:15:32,920 --> 01:15:36,880
Speaker 2: records such as they are, publish them till they're blue

1549
01:15:36,920 --> 01:15:40,400
Speaker 2: in the face. I'm not interested. Could go out there

1550
01:15:40,439 --> 01:15:43,280
Speaker 2: and anyway, I do understand other people have got health

1551
01:15:43,320 --> 01:15:45,439
Speaker 2: issues may not want them made public. Anyway. The last

1552
01:15:45,439 --> 01:15:48,720
Speaker 2: deadline for ransom was Gen nine. By the way, I

1553
01:15:48,800 --> 01:15:51,880
Speaker 2: wasn't compromised. The doctor wrote to me and said, we

1554
01:15:51,920 --> 01:15:53,960
Speaker 2: all got emails at the same time. Funnily enough, we

1555
01:15:54,000 --> 01:15:55,960
Speaker 2: all came in at the same time and we all

1556
01:15:56,120 --> 01:15:57,400
Speaker 2: I didn't look till the end of the day.

1557
01:15:57,400 --> 01:15:59,479
Speaker 14: Because once it's the same doctor who told you you

1558
01:15:59,520 --> 01:16:00,439
Speaker 14: were five ten.

1559
01:16:00,680 --> 01:16:03,400
Speaker 2: Now that doctor's moved on. Turns out didn't have a license.

1560
01:16:03,880 --> 01:16:05,960
Speaker 2: Who would have thought anyway? They wrote to us all

1561
01:16:05,960 --> 01:16:09,400
Speaker 2: at the same time. We all got emails and everyone

1562
01:16:09,439 --> 01:16:11,360
Speaker 2: in the house was going, oh, I'm not involved, I'm

1563
01:16:11,400 --> 01:16:13,360
Speaker 2: not involved. I couldn't even be bothered looking at my

1564
01:16:13,439 --> 01:16:16,040
Speaker 2: email because I couldn't care less at the end of

1565
01:16:16,080 --> 01:16:19,120
Speaker 2: the day when I'm clearing my emails, I wasn't involved.

1566
01:16:19,120 --> 01:16:21,320
Speaker 2: So anyway, where was I? Jen nine was the deadline

1567
01:16:21,640 --> 01:16:24,320
Speaker 2: and we've heard nothing from the hackers since. No word

1568
01:16:24,360 --> 01:16:26,240
Speaker 2: as to whether ransom was paid, because of course they're

1569
01:16:26,240 --> 01:16:29,480
Speaker 2: a private company. They can do whatever they like. Jan fourteen,

1570
01:16:30,040 --> 01:16:32,240
Speaker 2: Managed my Health admitted it told the wrong people they

1571
01:16:32,240 --> 01:16:35,320
Speaker 2: were compromised. So anyway, that still seems to be sort

1572
01:16:35,360 --> 01:16:37,479
Speaker 2: of lied, because there are plenty of aggrieved people around

1573
01:16:37,479 --> 01:16:39,759
Speaker 2: the way that that was handled by that particular company.

1574
01:16:39,760 --> 01:16:40,879
Speaker 2: Twenty two minutes away.

1575
01:16:40,680 --> 01:16:45,000
Speaker 19: From nine International correspondence with ends in eye Insurance Peace

1576
01:16:45,000 --> 01:16:46,400
Speaker 19: of mind for New Zealand business.

1577
01:16:46,479 --> 01:16:48,760
Speaker 2: Now here's a voice I've been looking forward to hearing again,

1578
01:16:48,880 --> 01:16:49,880
Speaker 2: Rod Little, how are you?

1579
01:16:50,880 --> 01:16:51,559
Speaker 10: I'm very well.

1580
01:16:51,640 --> 01:16:53,599
Speaker 9: Happy New Year, mate, and to you too.

1581
01:16:53,760 --> 01:16:56,600
Speaker 2: Just let me I've got a series of holiday questions

1582
01:16:57,080 --> 01:17:00,400
Speaker 2: that involves your country. That that I've been reading about

1583
01:17:00,400 --> 01:17:05,880
Speaker 2: the words Rossendell Jinrick as a Howie wind. Does it

1584
01:17:06,040 --> 01:17:08,160
Speaker 2: stop in our reform the real deal?

1585
01:17:11,040 --> 01:17:13,439
Speaker 10: I don't think it does stop, or at least it

1586
01:17:13,439 --> 01:17:16,880
Speaker 10: doesn't stop until Reform show signs of sagging, and they

1587
01:17:16,880 --> 01:17:19,320
Speaker 10: are sagging a little in the polls there, down from

1588
01:17:19,360 --> 01:17:23,320
Speaker 10: thirty to twenty seven. But Rossendell is quite a capture.

1589
01:17:24,240 --> 01:17:27,720
Speaker 10: He's not the same profile as Robert Jenrick, but he

1590
01:17:27,840 --> 01:17:31,920
Speaker 10: is a sitting MP who you represents Rodford, so it's

1591
01:17:32,000 --> 01:17:37,920
Speaker 10: absolutely prime territory East End of London for a reform seat,

1592
01:17:38,320 --> 01:17:41,840
Speaker 10: and he probably saw which way the wind was blowing.

1593
01:17:42,040 --> 01:17:47,160
Speaker 10: But he's always been on that populist reformish side of

1594
01:17:47,200 --> 01:17:51,040
Speaker 10: the Conservative Party, so it's not a huge surprise. There

1595
01:17:51,120 --> 01:17:55,720
Speaker 10: is some resistance, probably not to Rossendell, but probably to

1596
01:17:55,800 --> 01:17:58,880
Speaker 10: Robert Jenwick and certainly to the rather oil in that

1597
01:17:59,000 --> 01:18:06,840
Speaker 10: Deems Zahawi from Reform members. About twenty percent of them say, look,

1598
01:18:07,040 --> 01:18:09,439
Speaker 10: just stop all this. We've had enough tourris coming in.

1599
01:18:09,720 --> 01:18:12,080
Speaker 10: This isn't going to be the Tory Party Mark too,

1600
01:18:12,560 --> 01:18:16,800
Speaker 10: and you know, okay, generic's a big name, but Nadeem Saharawi,

1601
01:18:16,920 --> 01:18:20,720
Speaker 10: who was in trouble for his financial dealings, you know,

1602
01:18:20,800 --> 01:18:23,120
Speaker 10: we don't want any of that. That's the stuff we're

1603
01:18:23,120 --> 01:18:23,920
Speaker 10: rebelling against.

1604
01:18:24,200 --> 01:18:28,200
Speaker 2: So would that lead to no coalition arrangement deal whatever

1605
01:18:28,280 --> 01:18:29,960
Speaker 2: between them and the Tories come election time.

1606
01:18:31,240 --> 01:18:33,840
Speaker 10: Some people are saying that, but I don't think so.

1607
01:18:33,920 --> 01:18:37,000
Speaker 10: I think that pragmatics will come into play in three

1608
01:18:37,080 --> 01:18:39,160
Speaker 10: years time, which is a long way away, of course,

1609
01:18:40,000 --> 01:18:43,000
Speaker 10: and if it looks as if the Tories and Reform

1610
01:18:43,120 --> 01:18:46,240
Speaker 10: can do some sort of casual deal in order to

1611
01:18:46,840 --> 01:18:50,639
Speaker 10: ensure the maximum success on both sides, then they will

1612
01:18:50,640 --> 01:18:52,640
Speaker 10: do it. And I don't think there's much doubt about that,

1613
01:18:52,760 --> 01:18:54,960
Speaker 10: no matter what Kenny Badeno might say. Now.

1614
01:18:55,200 --> 01:18:58,519
Speaker 2: Other bits of holiday reading Government to water down business right,

1615
01:18:58,640 --> 01:19:02,960
Speaker 2: rise for pubs Government, Paul's Hills Law amendment after becklash,

1616
01:19:03,000 --> 01:19:06,080
Speaker 2: Government drops plans for mandatory digital ID to work in

1617
01:19:06,120 --> 01:19:09,559
Speaker 2: the UK headlined Starmer's thirteenth U turn. Does he have

1618
01:19:09,600 --> 01:19:10,519
Speaker 2: a clue what he's doing?

1619
01:19:11,640 --> 01:19:14,599
Speaker 10: No, not the remotest clue, certainly, not on domestic policy,

1620
01:19:15,360 --> 01:19:17,840
Speaker 10: no idea whatsoever. There have been new turns after U

1621
01:19:17,880 --> 01:19:21,400
Speaker 10: turns after U turns, and also failures to implement laws

1622
01:19:21,439 --> 01:19:24,519
Speaker 10: which are causing them problems all over the place, such as,

1623
01:19:24,560 --> 01:19:30,080
Speaker 10: for example, the Supreme Court in April last year made

1624
01:19:30,120 --> 01:19:33,960
Speaker 10: it absolutely clear that, well it came to public spaces,

1625
01:19:34,000 --> 01:19:37,080
Speaker 10: somebody's sex meant their sex, you know, none of this

1626
01:19:37,240 --> 01:19:40,639
Speaker 10: gender nonsense. And the government still hasn't got to groups

1627
01:19:40,680 --> 01:19:46,600
Speaker 10: without another tribune and aw was ruled against the transgender

1628
01:19:46,800 --> 01:19:51,080
Speaker 10: activist argument on Friday. And yet the government is terrified

1629
01:19:51,080 --> 01:19:53,559
Speaker 10: of its own left wing backbenchers who will object to

1630
01:19:53,640 --> 01:19:56,080
Speaker 10: all of this. So there have been new turns and

1631
01:19:56,160 --> 01:19:59,720
Speaker 10: new turns. We haven't yet seen a proper U turn

1632
01:19:59,840 --> 01:20:02,800
Speaker 10: on the pubs, by the way, and that's it's a

1633
01:20:02,840 --> 01:20:06,040
Speaker 10: frightening one. You know, pubs are already under the cosh.

1634
01:20:06,160 --> 01:20:11,160
Speaker 10: The smoking ban hurt pubs, COVID hurd pubs, and the

1635
01:20:11,240 --> 01:20:15,080
Speaker 10: fact that you know, the grosthing no no, no alcoholic

1636
01:20:15,160 --> 01:20:18,080
Speaker 10: beers and so on has really hurt the pubs as well.

1637
01:20:18,360 --> 01:20:20,760
Speaker 10: This this, this is the final death knell.

1638
01:20:20,880 --> 01:20:24,120
Speaker 2: I think it's interesting, yet another hitdline. I was reading

1639
01:20:24,120 --> 01:20:27,280
Speaker 2: about the question was why does labor not like pubs?

1640
01:20:27,320 --> 01:20:29,280
Speaker 2: And I thought that's a good question to ask, because

1641
01:20:29,320 --> 01:20:31,640
Speaker 2: you know, working class, all that stuff. What what is this?

1642
01:20:31,840 --> 01:20:35,000
Speaker 10: It doesn't like the working class mine, It's never liked

1643
01:20:35,040 --> 01:20:39,800
Speaker 10: the wig clubs, the working class. It despises what they like.

1644
01:20:40,600 --> 01:20:45,600
Speaker 10: It despises their food, their culture, their their behavior. It

1645
01:20:45,800 --> 01:20:48,280
Speaker 10: has no time for them whatsoever. It's now a party

1646
01:20:48,680 --> 01:20:50,600
Speaker 10: of the public sector middle class.

1647
01:20:50,800 --> 01:20:53,280
Speaker 2: So what happens over the next three years given, I mean,

1648
01:20:53,280 --> 01:20:55,160
Speaker 2: this is just my reading over the summer period. For

1649
01:20:55,160 --> 01:20:59,479
Speaker 2: goodness sake, three three years of this continues. Presumably Starmer

1650
01:20:59,520 --> 01:21:02,000
Speaker 2: doesn't last the distance, or somebody wakes up and guys

1651
01:21:02,040 --> 01:21:04,240
Speaker 2: were going for a loss of the election. How does

1652
01:21:04,280 --> 01:21:06,480
Speaker 2: it all unfold?

1653
01:21:06,800 --> 01:21:09,439
Speaker 10: Well, the sensible way to say it unfolds at the

1654
01:21:09,479 --> 01:21:13,680
Speaker 10: moment is to say that reform becomes the government. But

1655
01:21:14,920 --> 01:21:17,360
Speaker 10: there are things which Starmer has up his sleeves. The

1656
01:21:17,400 --> 01:21:21,000
Speaker 10: economy is picking up a little bit, wages are picking

1657
01:21:21,080 --> 01:21:24,479
Speaker 10: up a little bit. And what was meant to be

1658
01:21:24,640 --> 01:21:31,480
Speaker 10: his kind of his execution moment, which was the May elections,

1659
01:21:31,920 --> 01:21:35,479
Speaker 10: have been circumvented a little bit because he's managed to

1660
01:21:35,520 --> 01:21:38,920
Speaker 10: persuade twenty five percent of local councils not to have

1661
01:21:39,000 --> 01:21:42,519
Speaker 10: elections at all. So they banned local elections because they're

1662
01:21:42,560 --> 01:21:47,280
Speaker 10: rearranging local government. It's shocking. It's genuinely shocking, you know,

1663
01:21:48,960 --> 01:21:54,040
Speaker 10: So that the trouble he will have got from having

1664
01:21:54,080 --> 01:21:57,160
Speaker 10: lost hundreds and hundreds of seats isn't going to happen

1665
01:21:57,280 --> 01:22:00,360
Speaker 10: almost certainly because there are enough seats up for grabs now.

1666
01:22:01,680 --> 01:22:03,679
Speaker 10: So I think he may well persist.

1667
01:22:04,640 --> 01:22:08,720
Speaker 2: We persist, Sorry, on does he have as I hid

1668
01:22:08,720 --> 01:22:11,560
Speaker 2: in one I've written one story this morning on c CNBC.

1669
01:22:11,800 --> 01:22:14,240
Speaker 2: They refer to his magic and he was going to

1670
01:22:14,360 --> 01:22:18,800
Speaker 2: roll out his magic to quill Trump visa v. Greenland.

1671
01:22:18,840 --> 01:22:20,080
Speaker 2: Does he have such magic?

1672
01:22:22,400 --> 01:22:25,559
Speaker 10: No, he is the least magical person with the world

1673
01:22:25,640 --> 01:22:30,879
Speaker 10: has ever seen. I think is probably the answer to that. However, however,

1674
01:22:31,240 --> 01:22:33,840
Speaker 10: he has played a carry as up set you many

1675
01:22:33,840 --> 01:22:37,759
Speaker 10: times before. He's played a Cannie line when dealing with Trump.

1676
01:22:39,439 --> 01:22:42,920
Speaker 10: It may be two canny this time. You know that

1677
01:22:43,000 --> 01:22:45,120
Speaker 10: the Europeans sent a whole bunch of people to a

1678
01:22:45,280 --> 01:22:49,040
Speaker 10: whole bunch of servicemen to the Antarctic, to the Arctic

1679
01:22:49,200 --> 01:22:55,320
Speaker 10: rather to Greenland to patrol and stay there as a

1680
01:22:55,400 --> 01:22:59,720
Speaker 10: kind of presence, and we've sent one person. And in

1681
01:22:59,760 --> 01:23:03,360
Speaker 10: his response to Trump's latest demands on Greenland. He has

1682
01:23:03,400 --> 01:23:07,200
Speaker 10: been by far, by far the most equivocal of all

1683
01:23:07,200 --> 01:23:10,679
Speaker 10: the European leaders. Now he's obviously anxious not to ruin

1684
01:23:11,360 --> 01:23:14,719
Speaker 10: a relationship with the USA, but if we get cropped

1685
01:23:14,840 --> 01:23:17,599
Speaker 10: by ten percent tariffs, which is what Trump is threatening,

1686
01:23:17,880 --> 01:23:20,120
Speaker 10: that won't do it some anthing good at all. Given

1687
01:23:20,280 --> 01:23:23,280
Speaker 10: that Trump it looks to me at the moment, I

1688
01:23:23,320 --> 01:23:25,000
Speaker 10: don't know what you think, Mike, but it looks to

1689
01:23:25,040 --> 01:23:27,760
Speaker 10: me as if NATO is dead in the water with

1690
01:23:27,840 --> 01:23:28,600
Speaker 10: all this going on.

1691
01:23:29,080 --> 01:23:31,080
Speaker 2: Well, I was going to ask for a prediction NATO,

1692
01:23:31,200 --> 01:23:33,719
Speaker 2: So you say, did in the water. How does Greenland

1693
01:23:33,760 --> 01:23:36,200
Speaker 2: get resolved? There is an increased NATO presence, there is

1694
01:23:36,240 --> 01:23:38,960
Speaker 2: an increased American prison. Do they sell it to America?

1695
01:23:38,960 --> 01:23:40,400
Speaker 2: What do he reckon happens?

1696
01:23:40,920 --> 01:23:42,840
Speaker 10: I don't think they sell it to America. I just

1697
01:23:42,880 --> 01:23:47,479
Speaker 10: don't think that's going to happen. I still don't think

1698
01:23:47,960 --> 01:23:51,439
Speaker 10: that Trump will send troops or try to tell her.

1699
01:23:51,840 --> 01:23:55,240
Speaker 10: So I think it remains as a sort of grouchy

1700
01:23:55,360 --> 01:24:02,120
Speaker 10: impass with Denmark still in control of Greenland. NATO basically,

1701
01:24:02,280 --> 01:24:06,840
Speaker 10: aside from America, supporting that rule of Greenland because of

1702
01:24:06,880 --> 01:24:12,160
Speaker 10: course it is that country, and with and and you know,

1703
01:24:12,880 --> 01:24:15,680
Speaker 10: don't forget there's only there's only two and a half

1704
01:24:15,760 --> 01:24:19,720
Speaker 10: to three years left of Trump, and Greenland's lasted with

1705
01:24:19,800 --> 01:24:21,160
Speaker 10: Denmark a lot longer than that.

1706
01:24:21,400 --> 01:24:23,080
Speaker 2: Very good point. Always good to have you on the program.

1707
01:24:23,160 --> 01:24:25,840
Speaker 2: Welcome back to the Rod Little back on Thursday morning.

1708
01:24:25,880 --> 01:24:27,000
Speaker 2: It's already fourteen.

1709
01:24:26,680 --> 01:24:32,440
Speaker 1: Two the Mike Asking Breakfast Full Show podcast on iHeartRadio

1710
01:24:32,640 --> 01:24:34,000
Speaker 1: powered by News Talks.

1711
01:24:33,720 --> 01:24:33,960
Speaker 16: At be.

1712
01:24:36,000 --> 01:24:38,439
Speaker 2: Just we were mentioning Ruby the Sharp earlier on downtown

1713
01:24:38,439 --> 01:24:41,640
Speaker 2: Auckland downtown issues, et cetera. Some news is coming on

1714
01:24:41,680 --> 01:24:44,559
Speaker 2: that with another business who will be filling the space

1715
01:24:44,600 --> 01:24:47,240
Speaker 2: and expanding. So that's encouraging. So I'm excited about that. Mike,

1716
01:24:47,240 --> 01:24:50,959
Speaker 2: don't forget about the college championship today. See one person's

1717
01:24:51,320 --> 01:24:55,440
Speaker 2: discomfort and upset and misery and concern as another person's opportunity,

1718
01:24:55,479 --> 01:24:58,120
Speaker 2: isn't it. That's life. Don't forget the college championship today.

1719
01:24:58,160 --> 01:25:01,160
Speaker 2: I'm not really into college football to be I just

1720
01:25:01,240 --> 01:25:05,120
Speaker 2: don't have time in general. But it's Miami Indiana today.

1721
01:25:05,120 --> 01:25:08,080
Speaker 2: Indiana has been quite the story and Miami are at home,

1722
01:25:08,120 --> 01:25:10,080
Speaker 2: which is highly unusual. They happened to be playing it

1723
01:25:10,160 --> 01:25:12,880
Speaker 2: in Miami, which brings us to the question and who

1724
01:25:12,880 --> 01:25:14,920
Speaker 2: have you got for the Super Bowl? Well, as of yesterday,

1725
01:25:15,160 --> 01:25:19,280
Speaker 2: I think I've got New England to play Seattle. Seattle.

1726
01:25:19,320 --> 01:25:21,080
Speaker 2: I've got to beat LA yet, but based on what

1727
01:25:21,080 --> 01:25:24,400
Speaker 2: I saw yesterday from LA, they will be beaten by Seattle, because,

1728
01:25:24,800 --> 01:25:27,439
Speaker 2: mind you, LA were in Chicago, and in Chicago at

1729
01:25:27,479 --> 01:25:29,280
Speaker 2: the moment, it's about a minus three hundred and twenty

1730
01:25:29,280 --> 01:25:31,760
Speaker 2: five and LA are not used to playing in the snow,

1731
01:25:31,760 --> 01:25:33,519
Speaker 2: and it was snowing yesterday and it was a very

1732
01:25:33,520 --> 01:25:35,760
Speaker 2: tight game. It was a grouping game, it was the

1733
01:25:35,920 --> 01:25:38,360
Speaker 2: game for the ages. It was winter overtime, and it

1734
01:25:38,400 --> 01:25:42,559
Speaker 2: was absolutely fantastic. But the Rams should have beaten the

1735
01:25:42,560 --> 01:25:45,439
Speaker 2: Bears more than they did, so that worries me. Then

1736
01:25:45,439 --> 01:25:47,960
Speaker 2: you've got New England who looked good and Denver who

1737
01:25:47,960 --> 01:25:50,479
Speaker 2: are the number one seeds. But Denver's lost their quarterback

1738
01:25:50,520 --> 01:25:53,479
Speaker 2: to an ankle broken ankle or bone in the foot,

1739
01:25:54,040 --> 01:25:57,240
Speaker 2: and their filand quarterback as somebody you've never heard of.

1740
01:25:57,800 --> 01:25:59,960
Speaker 2: And despite the coach saying, oh, I think he's ready,

1741
01:26:00,120 --> 01:26:02,200
Speaker 2: I don't think he is ready because he hasn't played

1742
01:26:02,200 --> 01:26:04,639
Speaker 2: professional football. He hasn't taken a snap for three years.

1743
01:26:04,960 --> 01:26:07,439
Speaker 2: If you hadn't done something for three years, and they said,

1744
01:26:07,520 --> 01:26:11,080
Speaker 2: this is the championship game, give it a go. Would

1745
01:26:11,160 --> 01:26:12,800
Speaker 2: you feel good about that? I don't think you'd feel

1746
01:26:12,840 --> 01:26:14,840
Speaker 2: that good about that. So New England will beat Denver.

1747
01:26:15,200 --> 01:26:17,200
Speaker 2: They'll go on to play Seattle in the Super Bowl

1748
01:26:17,320 --> 01:26:19,679
Speaker 2: and toss a coin nine to nine.

1749
01:26:20,360 --> 01:26:24,240
Speaker 1: The Mike Hosking Breakfast with Bailey's real Estate news dogs

1750
01:26:24,240 --> 01:26:24,920
Speaker 1: there'd be Mike.

1751
01:26:24,960 --> 01:26:27,519
Speaker 2: Fletchers have announced a sale of its construction division two

1752
01:26:27,560 --> 01:26:30,720
Speaker 2: French Vincy. I haven't seen that yet, but I take

1753
01:26:30,760 --> 01:26:32,719
Speaker 2: you word they've been looking to do that for a while,

1754
01:26:32,760 --> 01:26:35,960
Speaker 2: not to the French necessarily, but to I mean the

1755
01:26:36,000 --> 01:26:38,200
Speaker 2: tailor wo for Fletchers over the last couple of years.

1756
01:26:38,680 --> 01:26:41,439
Speaker 2: It's the stuff of a very large book, broadly speaking

1757
01:26:41,479 --> 01:26:44,960
Speaker 2: related growth IMF for out this morning. I should have

1758
01:26:44,960 --> 01:26:48,439
Speaker 2: got this earlier, actually, because quite important anyway. They're quite

1759
01:26:48,479 --> 01:26:51,439
Speaker 2: bullish on the world the IMF. They did do this

1760
01:26:51,479 --> 01:26:55,160
Speaker 2: before Trump went post along Greenland and threatened those tariffs

1761
01:26:55,200 --> 01:26:58,679
Speaker 2: on those eight countries in Europe. So that may change things.

1762
01:26:58,680 --> 01:27:00,479
Speaker 2: I don't think it will, but it may. The world

1763
01:27:00,479 --> 01:27:05,040
Speaker 2: economic outlook, global economy, steady growth, expected to remain resilient.

1764
01:27:05,080 --> 01:27:08,599
Speaker 2: Their words, not mine, three point three percent this year

1765
01:27:08,600 --> 01:27:11,400
Speaker 2: for global growth. That's an increase on three point one.

1766
01:27:11,520 --> 01:27:13,760
Speaker 2: So we're going up. We're in the right direction. That's

1767
01:27:13,760 --> 01:27:16,720
Speaker 2: good three point two and twenty twenty seven, so that's

1768
01:27:16,800 --> 01:27:21,479
Speaker 2: encouraging as well. We I can't wait. I'm almost excited

1769
01:27:21,520 --> 01:27:23,320
Speaker 2: now for the Q four number for New Zealand's GDP

1770
01:27:23,439 --> 01:27:25,840
Speaker 2: after that one point one in Q three if Q

1771
01:27:25,960 --> 01:27:27,880
Speaker 2: four's the same if you look in a calendar year

1772
01:27:28,320 --> 01:27:30,040
Speaker 2: and you take Q one, if you remember Q one

1773
01:27:30,160 --> 01:27:33,400
Speaker 2: was one, so we're over three.

1774
01:27:33,800 --> 01:27:37,400
Speaker 14: When where's that you out? March April May this year?

1775
01:27:37,479 --> 01:27:40,439
Speaker 2: Next year? Who would know five minutes away from nine

1776
01:27:40,920 --> 01:27:41,840
Speaker 2: trending now?

1777
01:27:42,360 --> 01:27:45,479
Speaker 3: Who had Chemist Wells Greek Savings every day?

1778
01:27:45,640 --> 01:27:49,679
Speaker 2: Here we go. Fletcher announced entering a binding agreement construction

1779
01:27:49,760 --> 01:27:53,760
Speaker 2: Division two Vinci three hundred and fifteen million, subject to

1780
01:27:53,760 --> 01:27:56,599
Speaker 2: potential increase of up to eighteen million and aggregate pending

1781
01:27:56,600 --> 01:27:58,960
Speaker 2: the final outcome of a small number of key contracts.

1782
01:28:00,200 --> 01:28:02,960
Speaker 2: Managing director a chief executive. Over the past year, we've

1783
01:28:02,960 --> 01:28:04,960
Speaker 2: been clear that Fletcher Building's future lies and it being

1784
01:28:05,000 --> 01:28:08,400
Speaker 2: focused building projects, manufacturer and distributor supported by a strong

1785
01:28:08,400 --> 01:28:10,240
Speaker 2: bell and ship blah blah blah blah, blah. So they're

1786
01:28:10,240 --> 01:28:13,000
Speaker 2: getting out of building houses. So let's hope that's the

1787
01:28:13,360 --> 01:28:14,439
Speaker 2: end of the bad news from them.

1788
01:28:14,439 --> 01:28:18,840
Speaker 13: Where was like trending now with house your home of

1789
01:28:18,920 --> 01:28:19,719
Speaker 13: summer essential.

1790
01:28:19,800 --> 01:28:22,719
Speaker 2: The urelest from the nineties is doing the rounds this morning.

1791
01:28:22,720 --> 01:28:25,599
Speaker 2: It comes from Karl Randolph Junior from his dad when

1792
01:28:25,640 --> 01:28:28,439
Speaker 2: he was eight. Not as dad being eight, Carl Junior

1793
01:28:28,439 --> 01:28:31,880
Speaker 2: was eight daily weekly, monthly chores before school. Carl had

1794
01:28:31,920 --> 01:28:34,040
Speaker 2: to make his bed, eat breakfast, check his homework for

1795
01:28:34,080 --> 01:28:36,920
Speaker 2: neatness and completeness, and be out the door by six fifty.

1796
01:28:37,000 --> 01:28:39,520
Speaker 2: That's the sort of thing they talk about on Fox.

1797
01:28:40,240 --> 01:28:42,439
Speaker 25: And I saw on Instagram somebody said like, I can't

1798
01:28:42,479 --> 01:28:44,280
Speaker 25: be a gentle parent because this kid is not being

1799
01:28:44,320 --> 01:28:47,479
Speaker 25: a gentle kid. I mean, you could try the one

1800
01:28:47,760 --> 01:28:50,960
Speaker 25: two the tourneys send him the time out. These kids

1801
01:28:50,960 --> 01:28:52,559
Speaker 25: these days, they're looking at it. You're like, okay, I'll

1802
01:28:52,560 --> 01:28:53,920
Speaker 25: hang out and time out and go back into the

1803
01:28:53,960 --> 01:28:54,519
Speaker 25: same thing again.

1804
01:28:54,960 --> 01:28:57,240
Speaker 26: My husband grew up in the mountains with a navy

1805
01:28:57,280 --> 01:29:00,639
Speaker 26: father and horses, and so every time I would worry,

1806
01:29:00,720 --> 01:29:02,200
Speaker 26: like is this too hard, and he would want them

1807
01:29:02,240 --> 01:29:05,000
Speaker 26: to do something. He would say, you know, it's hard. Shoveling,

1808
01:29:05,080 --> 01:29:06,120
Speaker 26: frozen horsemaneuver.

1809
01:29:06,280 --> 01:29:06,439
Speaker 18: Aus.

1810
01:29:06,439 --> 01:29:09,479
Speaker 26: We got older, we got more and more responsibility, and

1811
01:29:09,560 --> 01:29:12,519
Speaker 26: it was about expectation. I loved hearing the words from

1812
01:29:12,560 --> 01:29:13,960
Speaker 26: my parents, good job.

1813
01:29:14,680 --> 01:29:16,120
Speaker 14: Now, wow, you completed that.

1814
01:29:18,240 --> 01:29:20,519
Speaker 2: Do you think that's really true? I don't think it is.

1815
01:29:20,560 --> 01:29:22,200
Speaker 2: And you don't hear enough of that in New Zealand,

1816
01:29:22,280 --> 01:29:24,800
Speaker 2: do you. I grew up in the mountains with the

1817
01:29:24,880 --> 01:29:25,920
Speaker 2: navy father.

1818
01:29:25,960 --> 01:29:28,679
Speaker 14: And horses and frozen horse manure.

1819
01:29:28,720 --> 01:29:31,519
Speaker 2: It just doesn't happen here, and that's probably why we

1820
01:29:31,560 --> 01:29:34,200
Speaker 2: are the way we are anyway. Cayle Junior did another interview,

1821
01:29:34,240 --> 01:29:36,720
Speaker 2: this time with the magazine Newsweek, and they said, do

1822
01:29:36,760 --> 01:29:38,479
Speaker 2: you still do that? Chory goes no, no, no. I

1823
01:29:38,479 --> 01:29:41,280
Speaker 2: got a cleaning lady for that now. And that is

1824
01:29:41,320 --> 01:29:43,400
Speaker 2: the way of the world, isn't it. We are back

1825
01:29:43,439 --> 01:29:46,400
Speaker 2: tomorrow morning from six as always.

1826
01:29:46,280 --> 01:29:51,880
Speaker 14: Happy.

1827
01:29:54,680 --> 01:29:57,560
Speaker 1: For more from the Mic Asking Breakfast. Listen live to

1828
01:29:57,680 --> 01:30:00,400
Speaker 1: news talks it'd be from six am we days, or

1829
01:30:00,439 --> 01:30:02,360
Speaker 1: follow the podcast on iHeartRadio.