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

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

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Speaker 1: your Way, News, Togs, heead.

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Speaker 2: Be Billy, You're welcome today, good news for mortgage borrowing

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Speaker 2: all good news from the classroom as time, it's maths

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Speaker 2: and English. Speaking of which, the country's first all online

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Speaker 2: charter schools open it Bill selected Gale Paratism, She's quit

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Speaker 2: gone out in the blaze of glory. Mark and Gilly

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Speaker 2: do politics Wednesday, Richard Arnold, Steve Price. They rock up

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Speaker 2: with some high quality contributions as well, pasking Welcome to

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Speaker 2: the day. Seven Pass six were amending the Policing Act.

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Speaker 2: Did you realize that police will be able to once

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Speaker 2: again take photos office? There has been an issue, apparently

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Speaker 2: some confusion as to where and when they could do it,

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Speaker 2: so that by the time they got it to court

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Speaker 2: it became problematic. The warning then came, of course from

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Speaker 2: the privacy freaks, as it always does, that we could

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Speaker 2: become a police state now. Personally, coppers can take as

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Speaker 2: many photos of videos as me as they want, because

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Speaker 2: I'm not doing anything worth videoing, and if I can

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Speaker 2: make the police's job easier. I'm all for it. See

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Speaker 2: it's been fascinating watching the National Guard in places like

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Speaker 2: Chicago and Los Angeles. It is, of course a political

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Speaker 2: stunt by a megalomaniac, but like a lot of what

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Speaker 2: Trump does, it actually starts with a semi sensible idea.

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Speaker 2: Major cities all over the world have got crime problems.

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Speaker 2: New Zealand's no different. Downtown Auckland is not a place

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Speaker 2: I go at night because it's ugly. I'd argue Wellington

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Speaker 2: as too, possibly christ Dutch as well. No, it's not

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Speaker 2: Chicago or Portland, but it's still not safe. If I

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Speaker 2: saw cops or the military at the top of Queen

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Speaker 2: Street or Courtney Place, guess what I'd feel better about it.

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Speaker 2: It's been extraordinary to watch the mayors and governors of

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Speaker 2: states troubled by drugs and gangs and rampant crime trying

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Speaker 2: to defend their area as though everyone was happy and

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Speaker 2: no one was afraid of anything. The federal intrusion is

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Speaker 2: Trump no pun intended the simple truth that a lot

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Speaker 2: of major centers are indeed no go areas. Authority and

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Speaker 2: the presence and surveillance of authority works. It makes places safe.

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Speaker 2: It allows freedom of movement if the police want to

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Speaker 2: photograph me. And do remember the downtown area of any

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Speaker 2: major center these days as festooned with CCTV anyway, But

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Speaker 2: a photograffingly allows us to move about the place more easily.

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Speaker 2: What an earth is wrong with it?

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Speaker 3: What news of the world in ninety seconds.

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Speaker 2: Day after the big swap? We have insight into what

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Speaker 2: the Israeli hostages went through.

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Speaker 4: He has told us he was tortured brutally, at least

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Speaker 4: in the first few months. He was on his own

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Speaker 4: for a long time under watch. But he told me, Mum,

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Speaker 4: even in the most extreme situations, I knew I wasn't

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Speaker 4: going to submit to these monsters.

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Speaker 2: Meantime, back in London, the tambloids having a field day

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Speaker 2: over Starmer's pursued humiliation in Egypt yesterday, Not that Starmer's

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Speaker 2: telling it like that.

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Speaker 5: We've worked behind the scenes for months with the US,

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Speaker 5: Arab and European nations to help deliver a cease fire,

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Speaker 5: get the hostages out, get aid in, and secure a

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Speaker 5: better future for Israel, Gaza.

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Speaker 2: And the Westboine and Kimi knows what to one.

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Speaker 6: Leber decided to recognize a State of Palestine with no

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Speaker 6: condition to release the hostages still held in the tunnels

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Speaker 6: of Garza. Marca Ruviu condemned this recognition, saying it had

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Speaker 6: made ceasefire negotiations harder.

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Speaker 2: I think she wins that one, of course, the ceasefire

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Speaker 2: is but the first step, and all the other steps

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Speaker 2: look complicated, including this one state two state thing.

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Speaker 7: I'm not joking about single state or double state or

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Speaker 7: two state. We're talking about the rebuilding of Gaza. A

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Speaker 7: lot of people like the one state solution. Some people

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Speaker 7: like the two state solutions. We'll have to see. I

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Speaker 7: haven't drummed on that.

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Speaker 2: In couple of other things, one migrant threaten to kill

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Speaker 2: Nigel Varietih's got some good jail time.

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Speaker 8: The only reason we know about this guy is because

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Speaker 8: somebody sent it to me on TikTok And it makes

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Speaker 8: me wonder how many other matter passas are there now

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Speaker 8: in this country or will there be? As the boats

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Speaker 8: continue to cross the channel.

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Speaker 2: And two America from a government working point of view,

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Speaker 2: is still closed down, which means the blame game is

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Speaker 2: still full on.

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Speaker 9: Welcome to day fourteen of the Democrat government shutdown.

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Speaker 3: It's two weeks, two weeks of.

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Speaker 9: Democrats in Congress and inflicting untold pain on the American

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Speaker 9: people for nothing other than pure politics.

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Speaker 2: Now, finally, we've got a huge dump of personal phone numbers.

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Speaker 2: If you haven't caught up on this one yet, We've

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Speaker 2: got a website and set up to expose the numbers

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Speaker 2: of when you get Trump, you got a BARMI got Albinezy,

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Speaker 2: you get Starma. Site claims to have over three hundred

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Speaker 2: million numbers. They'll all be changed by now this why

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Speaker 2: this is a so pointless? Anyway, individuals can fill out

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Speaker 2: of form to opt out of having their person details displayed,

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Speaker 2: but that poem would take a week process. Apparently that

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Speaker 2: is news of the world in ninety If you're not

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Speaker 2: up on this either, Zolensky's due at the White House

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Speaker 2: now Saturday. So War one sorted in Trump's mind anyway,

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Speaker 2: of course it has not been. Nevertheless, in as mind

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Speaker 2: it is. But so we go back to Washington. Zelensky

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Speaker 2: is now due at the White House on Saturday, and

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Speaker 2: also look it up if you can be bothered Trump.

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Speaker 2: He's made the cover of Time Trump, but he's not

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Speaker 2: happy about the photo. Eleven past six, the.

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

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Speaker 1: News Talk.

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Speaker 2: SEP Singapore, Keeping on, keeping on, three months to September GDP,

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Speaker 2: what do they come and at two point nine they'll

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Speaker 2: take that. And by the way, everyone is texting it's

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Speaker 2: a meteor. We don't know where over the North ironn.

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Speaker 2: Some people are saying why kat has, some people saying

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Speaker 2: Hawk's bait. But it's a meteor. That's what you're looking

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Speaker 2: up on the go. Well, what was it? It's a meteor.

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Speaker 2: Fourteen past brom Sure and Partners. Andrew kellerh good morning,

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Speaker 2: It's very good morning, Mike. Now the spending explain this

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Speaker 2: to me. It's why earning the big bucks. For the

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Speaker 2: month it's down, but for the quarter it was up.

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Speaker 2: So are we worried or not? What's going on?

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Speaker 10: I think we should continue to be a little bit worried.

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Speaker 10: I mean, we've had lots of data out this week.

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Speaker 10: It's all giving us a window into the sort of

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Speaker 10: strength of the economy over Q three and I did reflect,

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Speaker 10: yes down the fact that we don't get this Q

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Speaker 10: three GDP number until the eighteenth of December, which just

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Speaker 10: feels like forever, isn't it. So yesterday, yeah, we got

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Speaker 10: more data one spending. So we've recently had insights since

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Speaker 10: a spending. We had the am said cards spending data

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Speaker 10: we spoke about that, we've had the paymark numbers. Yesterday,

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Speaker 10: SATs Zeal released electronic card transaction data for September. So

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Speaker 10: here we go. At the headline, spending in retail industries decreased.

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Speaker 10: You didn't mishear that decreased. It fell zero point five percent.

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Speaker 10: Spending in call retail industries fell zero point four percent.

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Speaker 10: Now that point five percent fall in the retail reversus

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Speaker 10: a zero point six percent gain in August, So we

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Speaker 10: got one step forward and then one step back. The

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Speaker 10: annual changes here, Mike, and total card spending is one percent,

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Speaker 10: total retail spending one percent up, so that's value. Remember,

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Speaker 10: so there's obviously price changes in there, called retail spending.

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Speaker 10: Annual change up one point four percent, so inflation really

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Speaker 10: really eating up all of that and more so, these

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Speaker 10: numbers are anemic, Mike, and particularly if you look at

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Speaker 10: them on per capita basis that they are anemic. So

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Speaker 10: you know, I keep talking. If you're looking for the flickers,

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Speaker 10: if you're looking for the glimmers in this data. It's

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Speaker 10: a pretty tough job, let alone looking for green shoots.

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Speaker 10: There's really no evidence of any shift here. Mind in

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Speaker 10: domestic demand. I mean, if I look at the breakdown consumables, durables, apparel,

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Speaker 10: all of these categories look fairly, fairly sick. That they

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Speaker 10: all fell. Durables like yes, is notable because it sort

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Speaker 10: of relates to the housing market. If the housing markets strong,

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Speaker 10: then people buying fridges and washing machines and that sort

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Speaker 10: of stuff. Well, it fell zero point eight percent, which

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Speaker 10: suggests that house prices, sales, building, et cetera doesn't have

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Speaker 10: much strength. But Mike, but there's a butt at the

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Speaker 10: end of this, there is a flicker. It's a little one.

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Speaker 10: Hospitality makes up twenty two million, one point five percent.

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Speaker 10: Something's happening in hospitality, Mike. I don't know whether it's

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Speaker 10: travel related, whether it's visitor related, but it gained one

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Speaker 10: point five percent last month as well. So look, that's

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Speaker 10: great to see. But in total, the numbers are still

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Speaker 10: still subdued. I think that's the latest word.

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Speaker 2: Fair enough subdued it is. You talk about fridges and

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Speaker 2: the housing market, So what do we see outside of

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Speaker 2: central Otago, is anyone doing anything.

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Speaker 10: Look, there are pockets of the start that I'm that

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Speaker 10: I'm quite liking to see. So this is the monthly

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Speaker 10: dose of data from Real Estate Institute in New Zealm,

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Speaker 10: house post data, sales, et cetera. And look, Mike, I

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Speaker 10: haven't boarded up for a while, but we do have

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Speaker 10: a bet on which I think is it's almost done.

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Speaker 2: This conced I mean, I think to be frank, I

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Speaker 2: could have conceded probably in April. Yeah, it shockingly.

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Speaker 10: My only concern Mike is will there be any restaurants

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Speaker 10: still left open in Auckland by the time we get there.

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Speaker 10: So that this is the house price and the next

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Speaker 10: housing market value nationwide has lifted zero point two percent.

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Speaker 10: Now that's not the monthly number, that's the annual number,

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Speaker 10: zero point two percent. And it does tale of two

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Speaker 10: markets in many senses Auckland year and your house percent

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Speaker 10: it's down one percent, but ex Auckland up zero point

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Speaker 10: nine percent. So the housing market is effectively still still

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Speaker 10: for twelve months, and yet no surprises you called it.

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Speaker 10: When you look at the regional data. The top three

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Speaker 10: regions all in the South Island. Southland up five point

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Speaker 10: seven percent annual Canterbury two point eight, Italio two point five.

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Speaker 10: So you've got these divides Auckland X, Auckland, North South,

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Speaker 10: urban rural. I mean those are all the devive. Here's

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Speaker 10: a pit of data that I do like. Though sales

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Speaker 10: are increasing, that's a critical element of working through high

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Speaker 10: levels of supply, and I'm talking about an overhang getting

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Speaker 10: rid of the overhang. So nationally sales up three point

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Speaker 10: one percent, again healthier outside the big smoke of aorbland.

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Speaker 10: But this is the number I think that's really important,

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Speaker 10: median days to sell. It's dropped six days. That's significant.

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Speaker 10: So we're churning through. We're churning through the overhang a

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Speaker 10: little bit quicker, and that's both in and outside of Auckland.

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Speaker 10: So it's forty three days. There's thirty one thousand properties

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Speaker 10: for sale. I think QB data was out yesterday as well.

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Speaker 10: It sort of supports the general thesis of what's going

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Speaker 10: on here too.

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Speaker 2: Judo is super quick. The RBR change is going to

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Speaker 2: make any difference.

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Speaker 10: No, I don't think it will, but it's had the

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Speaker 10: margin and it's a positive move. So the IRB and

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Speaker 10: z Reese the bulletin yesterday they noted the impact of

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Speaker 10: the debt to income ratios that brought in. They made

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Speaker 10: the fact, they sort of pointed out that debt to

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Speaker 10: income ratios work together with loan to evaluation ratios. Because

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Speaker 10: it's all working okay at the moment, and they're bedded

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Speaker 10: in the detaiys, they now get at the risk they're

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Speaker 10: now going to drop so the LBRs. But it is

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Speaker 10: at the margin, so it means the banks can then

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Speaker 10: a little bit more at the at the alvars. It's

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Speaker 10: a positive move, but probably only at the margin. That's

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Speaker 10: effective December.

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Speaker 2: The first as well, by the right, no numbers please.

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Speaker 10: So the Dow Jones is up three hundred and fifty

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Speaker 10: five points, which is three quarters percent forty six, four

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Speaker 10: hundred and twenty two. Note, Mike, we're going to keep

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Speaker 10: account on this now day fourteen of the US government

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Speaker 10: shut down, and the longer it goes, the less we

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Speaker 10: talk about. If you notice that the S and P

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Speaker 10: five hundred six six six six up twelve points point

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Speaker 10: one eight percent. The na's that they're just down slightly

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Speaker 10: twenty two thousand, six hundred and forty eight it's down

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Speaker 10: forty six pointser point two percent for one hundred gain

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Speaker 10: ten nine four five two, So small game there. The

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Speaker 10: Nicka still politically few political ructions there. It's given up

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Speaker 10: a lot of those games we talked about. It's down

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Speaker 10: one thousand, two hundred and forty one points overnight two

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Speaker 10: point five eight percent, forty six thousand and eight four

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Speaker 10: seven Shangho composite down point six two three eight six fives.

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Speaker 10: The Aussie's gained point one nine percent yesterday on the

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Speaker 10: A six two hundred and eight eight nine nine, and

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Speaker 10: then Sex fifty lost just over half percent thirty thousand,

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Speaker 10: two hundred and seventy seven. The key we was going

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Speaker 10: to I was going to call the Kiwi dollar a

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Speaker 10: bad word, but it's foul below fifty seven cents over

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Speaker 10: a night point five seven one seven, languishing point eight

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Speaker 10: eight one to zer against the ossie point four nine

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Speaker 10: two three euro point four two nine to one pounds

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Speaker 10: eighty six point seventeen four to two. Yeah, you're not

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Speaker 10: miss hearing me four to two. Yeah, I was going

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Speaker 10: to call it the keyw Wei payover. That's probably I

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Speaker 10: shouldn't do that sort because that's you know, that's that's sorry.

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Speaker 10: Carry on, Yeah, gold four thousand, one hundred and forty

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Speaker 10: four dollars just keeps going and Brent Crude, here we

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Speaker 10: go positive to finish that sixty two.

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Speaker 2: Dollars and forty eight seens. I'll take that well' Andrew

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Speaker 2: Kella Hershure and partners. Lachel Reef's got a budget next month.

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Speaker 2: She'll be please because the IMF have come out overnight

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Speaker 2: and said the UK is going to be the second

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Speaker 2: fastest growing economy in the G seven, behind only the

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Speaker 2: United States. And Boeing had a good month. Fifty five

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Speaker 2: aircraft in September. That's the most since twenty eighteen seven

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Speaker 2: three seven max. They reckon they can do forty two

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Speaker 2: of them per month by the end of the year.

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Speaker 2: Currently capped by the FAA for fairly well known reason.

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Speaker 2: So they they're bullish hopefully six twenty one and a half.

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Speaker 2: You're a News Talk ZMB, the.

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

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Speaker 1: News Talks.

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Speaker 2: B Come on, Mike, the lower dollars great for our

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Speaker 2: exporters and we need some export dollars currently. Mike, you're right,

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Speaker 2: but you're wrong. There's a balance to be struck because

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Speaker 2: we're a net importing nation. We import more than we export. Unfortunately,

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Speaker 2: hence we've got a trade deficit, and you don't want

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Speaker 2: a trade deficit. So the lower dollar, of course makes

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Speaker 2: imports more expensive. So there's a balance to be struck.

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Speaker 2: Because according to your theory, why don't we just make

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Speaker 2: the pound instead of forty two, Let's make it one

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Speaker 2: and then we could export till we're blue in the face.

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Speaker 2: It doesn't work that way. Madagascar, Rajalina is safe, but

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Speaker 2: the military's done it. They've gone and done it. They've

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Speaker 2: taken power and they've ousked to Rajalina. They've suspended the

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Speaker 2: key democratic institutions. Constitutional courts gone, electrical mission's gone. Lawmakers

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Speaker 2: have voted to impeach Rausia Alena. We don't know where

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Speaker 2: raj Aalina is, but he went on Facebook yesterday said

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Speaker 2: I'm hiding and I'm safe. So he's rejected the impeachment

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Speaker 2: as null and void. So Madagascar continues to be well.

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Speaker 2: Madagascar six twenty five.

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Speaker 1: Trending now with chemiswereuse great savings every day.

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Speaker 2: A couple of animated films that are breaking records. Demon

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Speaker 2: Slayer Infinity Castle is on a roll.

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Speaker 8: Now.

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Speaker 2: We told you. Last week it had moved into fifth

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Speaker 2: place for the highest grossing movie so far this year.

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Speaker 2: It's now become the first Japanese film ever ever across

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Speaker 2: the six hundred million dollar global box office market sits

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Speaker 2: this morning at six hundred and forty eight million in counting.

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Speaker 2: It's also now the highest grossing international movie ever In

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Speaker 2: the US. It turned almost one hundred and thirty million

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Speaker 2: US at the box office, beats out Crutching Tiger Hidden Dragon,

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Speaker 2: which held that record for twenty five years. So we're

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Speaker 2: talking history here, and there are two more in that series.

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Speaker 2: They're coming out twenty seven and twenty nine. Then we

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Speaker 2: come to the K Pop demon Hunters Hit Me Yeah time.

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Speaker 2: So that's become Netflix's most popular film.

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Speaker 11: Of all time, of all time, it's been seeing more

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Speaker 11: than twe or twenty hived a million times, which beats

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Speaker 11: out Red Notice.

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Speaker 2: Would you have said Red Notice? If I said to

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Speaker 2: your most popular all the time? Would you have gone, oh,

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Speaker 2: read not? No, I don't think so. Then it went

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Speaker 2: on to beat the first season viewership numbers of squad

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Speaker 2: games see squid Game. I would have gone if I

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Speaker 2: would have gone squid Game Pop Quiz at the pub

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Speaker 2: I would have gone Mike Entertainment, squid Game, and I

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Speaker 2: would have been wrong. They're making it Netflix's most successful

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Speaker 2: release ever. It's a strange old world, isn't it. But

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Speaker 2: these LVR is interesting. Yesterday you got to ask the

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Speaker 2: question once Adrian. Isn't it amazing how you can see

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Speaker 2: the world in a different like Post Adrian, all lvrs

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Speaker 2: were musts, debt COO incomes musts. All that money the

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Speaker 2: retail banks had to keep aside just in case were

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Speaker 2: musts according to Adrian. And now all of a sudden

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Speaker 2: that Adrian's gone, suddenly we can do it all differently.

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Speaker 2: Isn't that amazing? So Squirrel mortgages. We'll talk with David Cunningham.

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Speaker 2: Is this going to drive demand of the market place?

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Speaker 2: The first time buys back the investors back will do that?

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Speaker 2: In the next half hour, and our new hero of

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Speaker 2: the week Gail Parata out of Netball New Zealand. She's

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Speaker 2: joining us after seven thirty meantime, News.

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Speaker 1: Is next, the newsmakers and the personalities, the big names

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Speaker 1: talk to Mike the mic Hosking Breakfast with the Defender,

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Speaker 1: embraced the impossible news togs.

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Speaker 12: He'd been so.

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Speaker 2: Many respects was of course the easy but so what

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Speaker 2: now for the Middle East? As Trump's back in Washington

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Speaker 2: wedding BRAZILIANSKI on Saturday on a related matter, different war,

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Speaker 2: same problem anyway, Richard Arnold in the state shortly meantime

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Speaker 2: back here. Amazing how the Reserve bankers are saying a

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Speaker 2: moment ago, Amazing how the Reserve Bank views the world.

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Speaker 2: One's agary and leaves the building, isn't it. We've got

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Speaker 2: changes to the loan to value ratio LBRs. Essentially the

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Speaker 2: retail banks will be able to lean more money to

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Speaker 2: people with low deposits. So does it fire up the

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Speaker 2: housing market? David Cunningham, as the CEO of Squirrel Mortgage Mortgages,

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Speaker 2: back with us. Good morning, Good morning mate. Are we

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Speaker 2: on the right track here?

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Speaker 13: We are? For once, I'm quite conflimentary of the Reserve

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Speaker 13: Bank on the changes here. They've got a good toolkit

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Speaker 13: and they're using it wisely. So yeah, this is a

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Speaker 13: really good move and the background paper that they've done

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Speaker 13: on it is sadly presented and based on good research

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Speaker 13: and good thinking. So congratulations to the Reserve Bank for

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Speaker 13: a change that is.

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Speaker 2: It debatable that we even needed to be as restricted

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Speaker 2: as we have been.

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Speaker 13: With the toolkit that the Reserve Bank had before with

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Speaker 13: loan to value ratios, it lacked one thing, and that

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Speaker 13: was that when enterprices property prices went up, it basically

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Speaker 13: enabled banks to lend more. So property prices would go

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Speaker 13: at more, which enabled banks to lend more and so on.

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Speaker 13: And so what the debt to income ratios, which came

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Speaker 13: in a bit over a year ago, have done is

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Speaker 13: set some guardrails around that that says, hey, this is

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Speaker 13: thing called income and how much you're borrowing. And so

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Speaker 13: those two together work far more effectively because there's a

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Speaker 13: natural guardrail from the debt to income ratios, which which

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Speaker 13: sort of the Reserve Bank calls this pro cyclicality. The

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Speaker 13: more you lend, your more you can lend sort of things.

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Speaker 13: So yeah, I think it's sort of good outcome, and

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Speaker 13: it's enabled the Reserve Bank to ease the loan to

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Speaker 13: valuatia restrictions, not that they were really applying because the

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Speaker 13: economy has been.

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Speaker 2: Dead there were Well that was my next question, where's

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Speaker 2: the demand bit at? I mean, is there a demand?

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Speaker 2: If you've had more money, will people take it up?

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Speaker 13: Look, there's been no constraint for ages. Now, you haven't

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Speaker 13: been in recession for best part of two years, so

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Speaker 13: you know the housing market has been falling in price

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Speaker 13: for a long period and then stable for the last year,

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Speaker 13: so the demand's not there today. This is very much

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Speaker 13: a long term change to the toolkit and how it

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Speaker 13: will be applied. It's positive definitely, first home bars because

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Speaker 13: the speed limit, as it's called, so the amount of

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Speaker 13: lending banks can do above that LVR level that there

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Speaker 13: reserve Bank sets, which is eighty percent for homeowners and

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Speaker 13: seventy percent which is slightly raised for investors. So they've

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Speaker 13: raised that amount that can be done from twenty to

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Speaker 13: twenty five percent for the homeowners and from five to

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Speaker 13: ten percent. Now that's a speed limit. Banks will always

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Speaker 13: operate under the speed limits. So when the speed limit

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Speaker 13: was say twenty vesents for home buyers, they operated at

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Speaker 13: sustained So it's not like, you know, you get a

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Speaker 13: speeding ticket and they're well, whatever, our payer, you can't

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Speaker 13: do that. As a bank, they never want to pass

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Speaker 13: there because the reserve bank will.

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Speaker 12: Come down on them hard, all right.

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Speaker 2: David appreciated David Cunningham, CEO of Squirrel Mortgages, with us

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Speaker 2: this morning, our Richard Ardel Next twenty two.

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

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Speaker 1: Radio powered by News Talks It B.

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Speaker 2: Bailey's real estate more than just property, of course, total

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Speaker 2: real estate solution, family homes, yes, beachside retreat you got

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Speaker 2: at commercial properties, they do, at all industrial offerings, farm

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Speaker 2: at stations, rural businesses. They have got your real estate

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Speaker 2: needs covered. The team of more than two thousand professionals

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Speaker 2: one hundred officers nationwide. They're work in partnership means that

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Speaker 2: you get the benefit of the collective expertise and international

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Speaker 2: networks that those two things achieve altogether better results. Basically,

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Speaker 2: so you've got people at the beating heart of everything

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Speaker 2: they do. They built a legacy of adding value, consistently

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Speaker 2: giving their clients the cutting yeage in a competitive marketplace,

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Speaker 2: and very proud as they should be to be one

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Speaker 2: hundred percent key. We owned and operated unbeatable local knowledge

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Speaker 2: and presence in every corner of the country because a

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Speaker 2: friendly face and the old firm handshake is still the

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Speaker 2: best way to do business. That's the way we like

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Speaker 2: to do business through a comprehensive range of services, strategic

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Speaker 2: international partnerships. Bailees basically finds the buyers that others can't.

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Speaker 2: They are the best of the best. Bailees dot co

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Speaker 2: dot n Z for all the details. Hasky, Mike, where's

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Speaker 2: the evidence the British economy is going to be the

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Speaker 2: second biggest growing economy in the world. I didn't say that.

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Speaker 2: I said the G seven are only beaten by the US,

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Speaker 2: and it comes to us this morning from the IMF. Mike,

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Speaker 2: you make you a good point. Read the dollar. However, with

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Speaker 2: the current state of our economy, what we need most

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Speaker 2: is money flowing into the country, not out of it.

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Speaker 2: When exports earn more, this ripples through the economy. Think

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Speaker 2: increased transport wages. Importers don't create that same domestic flow

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Speaker 2: and money leaves New Zealand. But I maintain a lower

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Speaker 2: dollar is a better stimulus for an export driven economy

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Speaker 2: like ours. Mike, I agree, but disagree. I love these

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Speaker 2: debates too. What's a lower dollar? Is it eighty seven

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Speaker 2: Australian or is it sixty nine or is it ninety two?

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00:20:04,400 --> 00:20:06,879
Speaker 2: And in that is the problem. You're wrong, Mike. A

430
00:20:06,920 --> 00:20:09,600
Speaker 2: country that depends almost solely on community exports and tourism

431
00:20:09,640 --> 00:20:11,360
Speaker 2: should not have a budget deficit. Well, I'm not wrong.

432
00:20:11,400 --> 00:20:13,320
Speaker 2: I didn't say I liked it. I just said it

433
00:20:13,320 --> 00:20:15,080
Speaker 2: was a statement of fact. We have a trade deficit.

434
00:20:15,080 --> 00:20:17,520
Speaker 2: We shouldn't have a trade deficit. No country should have

435
00:20:17,560 --> 00:20:19,520
Speaker 2: a trade deficit. But the cold hard reality, as we

436
00:20:19,560 --> 00:20:21,520
Speaker 2: import more than we export, we need to do something

437
00:20:21,560 --> 00:20:24,440
Speaker 2: about it. And the benefits from a lower country. The

438
00:20:24,480 --> 00:20:27,600
Speaker 2: point of the debate is where's the have a lower currency? Fine?

439
00:20:27,600 --> 00:20:30,560
Speaker 2: But how low? How low? Before it becomes problematic and

440
00:20:30,560 --> 00:20:32,879
Speaker 2: you're wandering around in a wheelbarrow full of cash like

441
00:20:33,080 --> 00:20:34,800
Speaker 2: Zimbabwe sixteen.

442
00:20:34,440 --> 00:20:38,879
Speaker 14: Two International correspondence with ends and eye insurance, peace of

443
00:20:38,920 --> 00:20:40,200
Speaker 14: mind for New Zealand business.

444
00:20:40,320 --> 00:20:43,399
Speaker 2: Well, good morning to you, Mike. Go back in Washington.

445
00:20:43,440 --> 00:20:44,920
Speaker 2: Where do we go now? Ah?

446
00:20:45,000 --> 00:20:47,679
Speaker 15: Well, we're coming off today, aren't we? Engulfing emotions as

447
00:20:47,720 --> 00:20:49,639
Speaker 15: twenty of the hostages held by her Muss more than

448
00:20:49,680 --> 00:20:58,080
Speaker 15: two years were returned to their families. As we saw, yeah,

449
00:20:58,720 --> 00:21:02,160
Speaker 15: more than seventeen one hundred Palestinian detainees in two hundred

450
00:21:02,160 --> 00:21:05,200
Speaker 15: and fifty prisoners also released as part of this Phase

451
00:21:05,240 --> 00:21:08,359
Speaker 15: one deal. President Trump has applied the pressure for this

452
00:21:08,440 --> 00:21:11,480
Speaker 15: ceasefire and was hailed in the israelikan Essa before moving

453
00:21:11,480 --> 00:21:14,600
Speaker 15: on to Egypt for that regional summit, which Israel's Ninthignie

454
00:21:14,680 --> 00:21:18,400
Speaker 15: who did not attend Netannia, who repeatedly praised Trump as

455
00:21:18,440 --> 00:21:20,760
Speaker 15: the greatest friend Israel has ever had, quote unquote, But

456
00:21:21,080 --> 00:21:24,320
Speaker 15: the Nettannier who speech said nothing about the Palestinians. So

457
00:21:24,400 --> 00:21:28,200
Speaker 15: the next steps for Israel and Gaza are uncertain. Already

458
00:21:28,240 --> 00:21:30,280
Speaker 15: there are some hiccups for bodies of just four of

459
00:21:30,320 --> 00:21:33,040
Speaker 15: the Hamas hostages who died in captivity have been returned,

460
00:21:33,400 --> 00:21:36,639
Speaker 15: including an Israeli who died of untreated injuries and a

461
00:21:36,680 --> 00:21:39,879
Speaker 15: Nepalese man who was murdered. The families of the twenty

462
00:21:39,880 --> 00:21:42,919
Speaker 15: four others who died are calling for an immediate suspension

463
00:21:42,920 --> 00:21:46,080
Speaker 15: of the ceasefire, says Ruby chen On, an American whose

464
00:21:46,240 --> 00:21:47,320
Speaker 15: son was killed.

465
00:21:47,440 --> 00:21:50,000
Speaker 16: Ittai was the youngest US citizen taken on until the

466
00:21:50,080 --> 00:21:53,840
Speaker 16: seventh President tomp and HISTMF talked so much about putting

467
00:21:53,840 --> 00:21:58,159
Speaker 16: American's fust, and I don't understand how when this category

468
00:21:58,200 --> 00:22:00,320
Speaker 16: of the seas coming out up, the United State was

469
00:22:00,359 --> 00:22:02,800
Speaker 16: not able to put its foot down and say to

470
00:22:02,840 --> 00:22:06,399
Speaker 16: the mediators to Katal, we want our citizens back. We

471
00:22:06,440 --> 00:22:09,160
Speaker 16: want US US citizens and for some reason, I don't

472
00:22:09,160 --> 00:22:10,199
Speaker 16: know why that's not happening.

473
00:22:10,240 --> 00:22:12,679
Speaker 15: Well. On his way back to this country, Trump claimed

474
00:22:12,720 --> 00:22:15,680
Speaker 15: again that the war is over and a golden angel

475
00:22:15,720 --> 00:22:18,000
Speaker 15: lies ahead for Gaza still and he had no input

476
00:22:18,040 --> 00:22:20,800
Speaker 15: as to how to resolve the Israeli Palestinian standard.

477
00:22:20,960 --> 00:22:24,359
Speaker 7: Talking about rebuilding Gaza, I'm not talking about single state

478
00:22:24,440 --> 00:22:28,840
Speaker 7: or double state or two state. We're talking about the

479
00:22:28,880 --> 00:22:32,640
Speaker 7: rebuilding of Gaza. A lot of people like the one

480
00:22:32,680 --> 00:22:35,720
Speaker 7: state solution, some people like the two state solutions. We'll

481
00:22:35,760 --> 00:22:38,040
Speaker 7: have to say I haven't commented on that.

482
00:22:38,160 --> 00:22:41,880
Speaker 15: It is the central issue. There is the twittery point

483
00:22:41,920 --> 00:22:44,639
Speaker 15: piece proposal, but it lacks detailing key areas and the

484
00:22:44,680 --> 00:22:49,040
Speaker 15: implementation remains tenuous. Israeli forces have pulled back to a

485
00:22:49,080 --> 00:22:51,560
Speaker 15: line that leaves them still involved in about two thirds

486
00:22:51,560 --> 00:22:53,960
Speaker 15: of Gaza. Hamas has not agreed to give up their weapons.

487
00:22:53,960 --> 00:22:56,760
Speaker 15: The formation of a new government buying technocrats who can

488
00:22:56,800 --> 00:22:59,000
Speaker 15: shift power from her mass as yet to happen. There

489
00:22:59,040 --> 00:23:02,080
Speaker 15: is fighting between Hamasa and other gangs in Gaza. The

490
00:23:02,160 --> 00:23:05,160
Speaker 15: key Ruffer border crossing still is closed. It's a long

491
00:23:05,160 --> 00:23:08,640
Speaker 15: list here. There has been bipartisan prays for Trump, including

492
00:23:08,680 --> 00:23:10,960
Speaker 15: from former presidents Biden and Clinton. But the task for

493
00:23:11,000 --> 00:23:13,119
Speaker 15: the US in bringing real shape to the troubled region

494
00:23:13,400 --> 00:23:15,439
Speaker 15: that assignment persists since is.

495
00:23:15,440 --> 00:23:18,080
Speaker 2: True, We go back to April Shapiro's house. It was torched.

496
00:23:18,160 --> 00:23:19,320
Speaker 2: The sky's now for guilty.

497
00:23:19,960 --> 00:23:22,720
Speaker 15: That's right, Shapiro, of course, one of the top Democratic

498
00:23:22,760 --> 00:23:27,439
Speaker 15: contenders for the twenty eight presidential elections. Here Pennsylvania's governor

499
00:23:27,480 --> 00:23:30,200
Speaker 15: has just spoken about the guilty plea by this individual

500
00:23:30,280 --> 00:23:32,840
Speaker 15: who tried to kill him, Shapiro saying it is difficult

501
00:23:32,880 --> 00:23:34,560
Speaker 15: for him even to say the words that he was

502
00:23:34,560 --> 00:23:37,439
Speaker 15: a potential murder target. This time is back to the

503
00:23:37,520 --> 00:23:39,680
Speaker 15: time you mentioned when that maniac thirty eight year old

504
00:23:39,720 --> 00:23:42,119
Speaker 15: Cody Bama broke into the governor's mansion and set the

505
00:23:42,160 --> 00:23:45,560
Speaker 15: place on fire, causing the extensive damage. That individual now

506
00:23:45,560 --> 00:23:48,000
Speaker 15: has pleaded guilty to attempt a murder and to twenty

507
00:23:48,040 --> 00:23:51,159
Speaker 15: two counts of arson, faces up to fifty years in jail.

508
00:23:51,680 --> 00:23:54,280
Speaker 15: Prosecutors have released new video of the attack, and we

509
00:23:54,400 --> 00:23:58,280
Speaker 15: see how he used multiple Molotov cocktails to set far

510
00:23:58,440 --> 00:24:00,760
Speaker 15: the dining room near where the governor and his family

511
00:24:00,840 --> 00:24:03,560
Speaker 15: was sleeping. It shows also that he tried to kick

512
00:24:03,600 --> 00:24:06,240
Speaker 15: open a door which would have opened into the area

513
00:24:06,280 --> 00:24:08,880
Speaker 15: where the governor is and his family and friends were,

514
00:24:08,920 --> 00:24:10,840
Speaker 15: but that door was locked and he was unable to

515
00:24:10,880 --> 00:24:13,439
Speaker 15: get through. The governor says it has been difficult to

516
00:24:13,480 --> 00:24:16,000
Speaker 15: recover from all this and to answer his kids questions

517
00:24:16,040 --> 00:24:19,160
Speaker 15: about how someone could have made it so far into

518
00:24:19,200 --> 00:24:22,159
Speaker 15: the residence that day. He says he doesn't know that

519
00:24:22,240 --> 00:24:25,080
Speaker 15: he's been able to ease all of his children's worries.

520
00:24:25,320 --> 00:24:28,880
Speaker 9: I need you know this is an on going thing

521
00:24:28,960 --> 00:24:31,960
Speaker 9: that we are dealing with and we are working through,

522
00:24:33,280 --> 00:24:37,480
Speaker 9: and I think we're confident it'll get better, but we

523
00:24:37,560 --> 00:24:40,880
Speaker 9: also know it's going to always be with us.

524
00:24:41,000 --> 00:24:41,119
Speaker 7: Well.

525
00:24:41,200 --> 00:24:42,840
Speaker 15: You hear the emotions, don't you. At a time when

526
00:24:43,520 --> 00:24:47,119
Speaker 15: politics and political violence so present here, including the shooting

527
00:24:47,200 --> 00:24:49,840
Speaker 15: of the Minnesota State polym with a Hartman and her husband,

528
00:24:49,880 --> 00:24:52,679
Speaker 15: and the murder of activist Charlie Kirk, and of course

529
00:24:52,960 --> 00:24:55,200
Speaker 15: the two attempts on the life of Donald Trump.

530
00:24:55,240 --> 00:24:59,040
Speaker 2: Good stuff. Richard arnoldback on Friday just related matters that

531
00:24:59,119 --> 00:25:02,440
Speaker 2: the Eurovisi song contest got very political there for a while.

532
00:25:02,440 --> 00:25:06,280
Speaker 2: The EBU, which is the European Broadcasting Union overnight recent

533
00:25:06,280 --> 00:25:09,040
Speaker 2: developments in the Middle East have prompted us to cancel

534
00:25:09,080 --> 00:25:11,720
Speaker 2: our virtual meeting schedule to take place in November. That

535
00:25:11,760 --> 00:25:13,840
Speaker 2: was all about people who were building up the Austrian

536
00:25:14,040 --> 00:25:18,480
Speaker 2: National Broadcaster orif were hosting the event next year. They

537
00:25:18,520 --> 00:25:21,400
Speaker 2: were urging countries not to boycott, but in growing number

538
00:25:21,400 --> 00:25:23,800
Speaker 2: of people that goes, we're going to look at Israel's there,

539
00:25:23,840 --> 00:25:27,959
Speaker 2: we're not so Spain, Ireland, Slovenia, Iceland, Netherlands etc. Said look,

540
00:25:27,960 --> 00:25:30,679
Speaker 2: we're going to consider boycotting. So that seems to have

541
00:25:30,680 --> 00:25:34,280
Speaker 2: been resolved, which is good unrelated matters, but nevertheless very

542
00:25:34,320 --> 00:25:37,040
Speaker 2: important to follow this lack on you. Guy who's been

543
00:25:37,080 --> 00:25:41,760
Speaker 2: reappointed as Prime minister overnight has suspended what basically is

544
00:25:41,880 --> 00:25:47,000
Speaker 2: Macron's legacy policy, which is the twenty twenty three pension reform,

545
00:25:47,280 --> 00:25:49,359
Speaker 2: which wasn't going to come in until twenty twenty seven,

546
00:25:49,359 --> 00:25:52,359
Speaker 2: in other words, delaying retirement in France. And you can

547
00:25:52,400 --> 00:25:54,640
Speaker 2: imagine all the left wingers who leck on you needs

548
00:25:54,640 --> 00:25:56,600
Speaker 2: for the budget. The budget is pressing, he needs to

549
00:25:56,760 --> 00:26:00,640
Speaker 2: present something, and so he's caved overnight and he said

550
00:26:00,640 --> 00:26:02,480
Speaker 2: there's going to be no increase in the retirement age

551
00:26:02,520 --> 00:26:05,960
Speaker 2: to take place now until January of twenty eight. So

552
00:26:06,200 --> 00:26:10,720
Speaker 2: Macron takes a bit of pain, Lacon You takes a

553
00:26:10,720 --> 00:26:12,920
Speaker 2: bit of pain, and presumably he's got enough left wingers

554
00:26:13,000 --> 00:26:14,840
Speaker 2: or he thinks he's got enough left wingers on board

555
00:26:14,880 --> 00:26:17,400
Speaker 2: to be able to win the no confidence vote, because

556
00:26:17,400 --> 00:26:20,480
Speaker 2: if he doesn't, he's out again. It'sen away from seven.

557
00:26:20,840 --> 00:26:24,440
Speaker 1: It's got my costing breakfast with Bailey's Real Estate news Dogs.

558
00:26:24,440 --> 00:26:26,000
Speaker 2: They'd be usually a couple of things. Of the car

559
00:26:26,160 --> 00:26:29,159
Speaker 2: industry in America, it's k shaped at the moment. The

560
00:26:29,200 --> 00:26:32,120
Speaker 2: economy is Cay shaped for consumers, so some up, some downs.

561
00:26:32,200 --> 00:26:34,760
Speaker 2: It's the two step. The average price of a car

562
00:26:35,280 --> 00:26:37,879
Speaker 2: last month's top fifty thousand dollars on average. The average

563
00:26:37,880 --> 00:26:39,800
Speaker 2: price of a new car top fifty thousand dollars for

564
00:26:39,840 --> 00:26:43,199
Speaker 2: the first time ever. But at the same time, defaults

565
00:26:43,240 --> 00:26:45,439
Speaker 2: and repossessions have increased as of late. So people have

566
00:26:45,480 --> 00:26:47,440
Speaker 2: got money are doing fine and they're out with alacrity.

567
00:26:47,720 --> 00:26:50,439
Speaker 2: People haven't got money are sinking. And this gives you

568
00:26:50,480 --> 00:26:53,800
Speaker 2: an insight yet another insight into the dilemma. That is

569
00:26:53,880 --> 00:26:57,679
Speaker 2: ebs GM have announced overnight general motors, so it is

570
00:26:57,760 --> 00:27:01,679
Speaker 2: just one company in one and they will take in

571
00:27:01,760 --> 00:27:04,960
Speaker 2: the third quarter a one point six billion dollar het

572
00:27:05,720 --> 00:27:08,000
Speaker 2: out of its all electric vehicle plan not playing out

573
00:27:08,040 --> 00:27:10,479
Speaker 2: as anticipated. So that's all the production. That's the workers,

574
00:27:10,480 --> 00:27:12,399
Speaker 2: it's the things that never happened. It's the cars they

575
00:27:12,440 --> 00:27:17,080
Speaker 2: never sold. So one company one quarter one point six

576
00:27:17,400 --> 00:27:21,800
Speaker 2: billion dollar hit, five away from seven while the.

577
00:27:21,880 --> 00:27:25,760
Speaker 1: Ins and the outs, it's the fizz with business fiber

578
00:27:25,920 --> 00:27:28,359
Speaker 1: take your business productivity to the next level.

579
00:27:28,359 --> 00:27:30,160
Speaker 2: I will get to the hospital after seven o'clock. They've

580
00:27:30,160 --> 00:27:32,560
Speaker 2: got record income at the moment. But Westpac have been

581
00:27:32,560 --> 00:27:34,080
Speaker 2: having a look at the economy as a whole. So

582
00:27:34,119 --> 00:27:36,520
Speaker 2: what do we have? So this is their regional roundup.

583
00:27:37,880 --> 00:27:39,800
Speaker 2: The winter is thawing. They do this weird thing like

584
00:27:40,280 --> 00:27:42,960
Speaker 2: we're all three year old, so it says we're cold

585
00:27:43,080 --> 00:27:45,399
Speaker 2: or thawing or warm or whatever the hell it is. Anyway,

586
00:27:45,440 --> 00:27:47,560
Speaker 2: businesses have been spoken to for the reports, say, but

587
00:27:47,600 --> 00:27:51,360
Speaker 2: whild conditions are still very challenging, especially in retail and construction.

588
00:27:51,600 --> 00:27:54,040
Speaker 2: They're not going backwards anymore like they have been over

589
00:27:54,080 --> 00:27:57,159
Speaker 2: the past twelve months, so that's good. Rural regions, of course,

590
00:27:57,600 --> 00:28:00,439
Speaker 2: are doing the heavy lifting. Dairy, agricultu sure if you're

591
00:28:00,480 --> 00:28:04,080
Speaker 2: in that area. You're laughing at Tago, which includes Queenstown

592
00:28:04,119 --> 00:28:07,680
Speaker 2: Lakes District start performing yet again. Mix of farming, increases

593
00:28:07,720 --> 00:28:10,520
Speaker 2: in international tourism, spending, a lot of building lot just

594
00:28:10,560 --> 00:28:12,520
Speaker 2: a huge amount of construction going on in that part

595
00:28:12,520 --> 00:28:14,840
Speaker 2: of the world. Why is it, I asked the question again,

596
00:28:15,200 --> 00:28:18,440
Speaker 2: why is it that Central Otago make the best homes

597
00:28:18,440 --> 00:28:22,560
Speaker 2: in the country. If you're looking for architectural individuality, no

598
00:28:22,600 --> 00:28:26,159
Speaker 2: one does that better than Central Otago. What is it?

599
00:28:26,280 --> 00:28:30,000
Speaker 2: Is it budgets? Is it architecture? Is it the owners?

600
00:28:30,080 --> 00:28:32,119
Speaker 2: Is it people going there? I'm going to build my

601
00:28:32,200 --> 00:28:33,919
Speaker 2: dream home. I mean, yeah, there's a lot of shists

602
00:28:33,920 --> 00:28:35,159
Speaker 2: and all that sort of stuff. I get that, But

603
00:28:35,240 --> 00:28:37,119
Speaker 2: I mean you get shissed anywhere if you truck it

604
00:28:37,160 --> 00:28:38,840
Speaker 2: up the country. It just seems to me, if you

605
00:28:38,840 --> 00:28:41,440
Speaker 2: look at your average house in Queenstown, Central Otago, it's

606
00:28:41,480 --> 00:28:45,320
Speaker 2: a vastly better looking thing then you'll find anywhere else.

607
00:28:45,360 --> 00:28:49,800
Speaker 2: Consumer confidence is downwellingtonness is Consumer confidence is down sixteen

608
00:28:49,840 --> 00:28:53,239
Speaker 2: percent on the historic average. Labor markets have struggled, as

609
00:28:53,240 --> 00:28:56,200
Speaker 2: we know ten year average by region as well. Down

610
00:28:56,240 --> 00:28:58,760
Speaker 2: on confidence. By the way they calculate it by saying

611
00:28:58,800 --> 00:29:01,120
Speaker 2: that any number over one hundred indicates the number of

612
00:29:01,120 --> 00:29:03,720
Speaker 2: households who are optimistic outweighs the numbers who are pessimistic.

613
00:29:04,080 --> 00:29:07,040
Speaker 2: National average by region currently ninety point nine, down from

614
00:29:07,120 --> 00:29:09,920
Speaker 2: ninety nine. Closer though to the key one hundred Marcus

615
00:29:09,920 --> 00:29:13,680
Speaker 2: Auckland ninety ten point five Aulish in Auckland regional economic

616
00:29:13,680 --> 00:29:17,200
Speaker 2: confidence bouncing back. They've got their optimistic pessimistic number needing

617
00:29:17,200 --> 00:29:20,600
Speaker 2: to be zero. Why Kattobay are plenty, Canterbury in Southland

618
00:29:20,640 --> 00:29:23,560
Speaker 2: above that Southland plus twenty five your boom mink, you'll

619
00:29:23,600 --> 00:29:26,800
Speaker 2: Laughin Wellington the worst at minus thirty two. So that's

620
00:29:26,840 --> 00:29:30,120
Speaker 2: your look broadly speaking at where we are at in

621
00:29:30,120 --> 00:29:33,160
Speaker 2: the country. But as I say, HOSPO, the numbers, if

622
00:29:33,160 --> 00:29:35,600
Speaker 2: you look at the individual's spending of late, HOSPO has

623
00:29:35,640 --> 00:29:38,200
Speaker 2: been up. Everything else is down, but Hospo's up, whether

624
00:29:38,240 --> 00:29:40,680
Speaker 2: you look at monthly, whether you look at quarterly, hospos up.

625
00:29:40,800 --> 00:29:43,400
Speaker 2: So that means now record their new report this morning,

626
00:29:43,720 --> 00:29:46,720
Speaker 2: record revenue. So how can you on one hand tell

627
00:29:46,800 --> 00:29:49,480
Speaker 2: us life is miserable in HOSPBOW but you've never made

628
00:29:49,480 --> 00:29:51,920
Speaker 2: more money? How do we do that? And then Jerry

629
00:29:51,920 --> 00:29:53,920
Speaker 2: Browny haven't mentioned this so far this morning? And watching

630
00:29:53,960 --> 00:29:57,360
Speaker 2: Jerry on the house yesterday Question Time, what was potentially

631
00:29:58,080 --> 00:30:01,800
Speaker 2: quite a good speech and a reasonable telling off went

632
00:30:01,880 --> 00:30:04,120
Speaker 2: up on a puff of smoke because he's got no spine.

633
00:30:04,560 --> 00:30:06,400
Speaker 2: So we'll talk about the changing of the rules with

634
00:30:06,480 --> 00:30:07,960
Speaker 2: David Counter shortly.

635
00:30:08,520 --> 00:30:10,800
Speaker 3: Credible, compelling the breakfast show.

636
00:30:10,880 --> 00:30:14,520
Speaker 1: You can't bess it's the Mic Hosking Breakfast with Bailey's

637
00:30:14,560 --> 00:30:16,280
Speaker 1: real Estate finding the buyers.

638
00:30:16,400 --> 00:30:18,040
Speaker 3: Others can't use togs deadb.

639
00:30:18,000 --> 00:30:19,800
Speaker 2: Only seven past seven, so you might have noticed a

640
00:30:19,800 --> 00:30:22,280
Speaker 2: blake and the spending numbers, although many are still struggling,

641
00:30:22,520 --> 00:30:25,440
Speaker 2: the hospital sector seeing a bump. Their annual report shows

642
00:30:25,440 --> 00:30:28,000
Speaker 2: record sales of fifteen point nine billion, takeaways up three

643
00:30:28,000 --> 00:30:30,800
Speaker 2: point two percent to four point four billion, cafes, restaurants

644
00:30:30,840 --> 00:30:32,800
Speaker 2: up zero point three percent to seven point eight billion.

645
00:30:32,840 --> 00:30:36,280
Speaker 2: International visitor spending our climb nine point two percent out

646
00:30:36,320 --> 00:30:39,360
Speaker 2: eighty six percent of pre COVID. Marissa midoires the CEO

647
00:30:39,360 --> 00:30:41,520
Speaker 2: of the Restaurant Association and is with us. Good morning,

648
00:30:41,680 --> 00:30:44,120
Speaker 2: Good morning mate. How do we argue two different things?

649
00:30:44,200 --> 00:30:46,320
Speaker 2: You argue that things are tight, they're strained, and yet

650
00:30:46,360 --> 00:30:48,480
Speaker 2: you're pulling in record money. How do we explain that?

651
00:30:49,800 --> 00:30:52,360
Speaker 17: Well, Look, as you've mentioned, we've seen record sales for

652
00:30:52,440 --> 00:30:55,400
Speaker 17: the year, but that doesn't necessarily mean record profits. The

653
00:30:55,440 --> 00:30:58,280
Speaker 17: one point four percent revenue growth that we've seen has

654
00:30:58,360 --> 00:31:02,040
Speaker 17: really been eroded by in costs. Food prices are at

655
00:31:02,040 --> 00:31:05,280
Speaker 17: four point six percent, wages continue to climb, and insurance

656
00:31:05,280 --> 00:31:07,400
Speaker 17: and rent have all gone up as well. So while

657
00:31:07,400 --> 00:31:09,920
Speaker 17: the numbers look good on paper, margins are tighter than

658
00:31:09,960 --> 00:31:11,240
Speaker 17: ever for most operators.

659
00:31:11,360 --> 00:31:13,600
Speaker 2: We have seen those spending increase in hospital for the

660
00:31:13,680 --> 00:31:15,880
Speaker 2: last couple of months. There's something going on there. Do

661
00:31:15,920 --> 00:31:17,880
Speaker 2: you know what it is? Is it tourism or is

662
00:31:17,880 --> 00:31:19,680
Speaker 2: it locals just fed up and they want a sandwich

663
00:31:19,720 --> 00:31:20,160
Speaker 2: in a beer.

664
00:31:21,080 --> 00:31:24,080
Speaker 17: Look, from what we're seeing, it is an uptick and

665
00:31:24,160 --> 00:31:27,000
Speaker 17: tourism numbers, which is such a positive sign for our

666
00:31:27,040 --> 00:31:28,960
Speaker 17: industry and very much welcomed.

667
00:31:29,560 --> 00:31:32,280
Speaker 2: Is it the immigrant issue as well, in the sense

668
00:31:32,320 --> 00:31:35,360
Speaker 2: that are we over hospited? In other words, people come

669
00:31:35,400 --> 00:31:36,640
Speaker 2: to the country and they go and I'm going to

670
00:31:36,640 --> 00:31:38,800
Speaker 2: buy myself a cafe, whether they know what they're doing

671
00:31:38,880 --> 00:31:39,080
Speaker 2: or not.

672
00:31:40,160 --> 00:31:42,840
Speaker 17: Look, I think, you know, hospitality is a very accessible

673
00:31:42,880 --> 00:31:45,400
Speaker 17: business model, but I think that's what makes it dynamic.

674
00:31:45,520 --> 00:31:49,000
Speaker 17: That's why as a consumer of hospitality, you know you're

675
00:31:49,000 --> 00:31:51,760
Speaker 17: in a great position there's lots of people wanting to

676
00:31:51,800 --> 00:31:55,840
Speaker 17: open businesses, try creative you know, sort of business models,

677
00:31:56,040 --> 00:32:00,239
Speaker 17: but really is great for consumers. However, it does mean

678
00:32:00,280 --> 00:32:03,400
Speaker 17: that there is some risk with that business model. That's

679
00:32:03,400 --> 00:32:06,720
Speaker 17: why we always encourage people to seek business advice before

680
00:32:06,840 --> 00:32:08,400
Speaker 17: opening the doors.

681
00:32:08,640 --> 00:32:11,760
Speaker 2: People still seem to be piling in though, don't they.

682
00:32:12,240 --> 00:32:15,920
Speaker 17: Well, look it is. We are seeing some subdued numbers

683
00:32:15,960 --> 00:32:19,800
Speaker 17: in terms of diners. Your household budgets are constrained, but

684
00:32:19,920 --> 00:32:22,440
Speaker 17: people are still dining out. They're just adjusting the way

685
00:32:22,320 --> 00:32:27,040
Speaker 17: they're dining out, spending a bit less, grabbing the shared plates.

686
00:32:27,120 --> 00:32:30,280
Speaker 17: They still want to dine out. Kiwi's love hospit and

687
00:32:31,000 --> 00:32:34,240
Speaker 17: that's why our industry continues to keep moving forward.

688
00:32:34,320 --> 00:32:36,400
Speaker 2: There's also a luck story, isn't there If you're near

689
00:32:36,440 --> 00:32:38,680
Speaker 2: the CRL in Auckland, if you're not in the tourist

690
00:32:38,680 --> 00:32:41,440
Speaker 2: area like Queenstown. You know what I'm saying. If you're

691
00:32:41,560 --> 00:32:43,720
Speaker 2: in the wrong place, you got trouble and there's not

692
00:32:43,760 --> 00:32:44,760
Speaker 2: a lot you can do about it.

693
00:32:45,320 --> 00:32:47,600
Speaker 17: Absolutely, and we've seen that. We've seen you know, some

694
00:32:47,800 --> 00:32:51,960
Speaker 17: regions have been hit harder. Our CBDs are struggling as well.

695
00:32:52,040 --> 00:32:54,160
Speaker 17: We haven't seen the sort of foot traffic get back

696
00:32:54,240 --> 00:32:57,760
Speaker 17: to pre COVID levels yet, So look there is it's

697
00:32:57,800 --> 00:32:59,920
Speaker 17: a two feed economy in a lot of ways. They're

698
00:33:00,120 --> 00:33:02,760
Speaker 17: some areas that are doing very well and others that

699
00:33:02,800 --> 00:33:03,400
Speaker 17: are struggling.

700
00:33:03,480 --> 00:33:07,160
Speaker 2: All right, Marissa appreciated. Marissa Bidwoirre, chief executive of the

701
00:33:07,200 --> 00:33:10,840
Speaker 2: Restaurant Association, coming up ten minutes past seven speaking Jerry

702
00:33:10,840 --> 00:33:13,240
Speaker 2: brownly looking to tidy Parliament up after he get another

703
00:33:13,280 --> 00:33:16,200
Speaker 2: decorum incursion from the Mallory Party, who, as he pointed out,

704
00:33:16,240 --> 00:33:18,280
Speaker 2: her more about noise and attention seeking them making the

705
00:33:18,320 --> 00:33:21,640
Speaker 2: place better, so stronger penalties, sanctions for non attendants, tough

706
00:33:21,640 --> 00:33:24,120
Speaker 2: addressed standards. David Carter, former Speaker of the Houses, back

707
00:33:24,160 --> 00:33:25,280
Speaker 2: with us, David, morning.

708
00:33:25,680 --> 00:33:26,240
Speaker 12: Morning, Michael.

709
00:33:26,280 --> 00:33:28,360
Speaker 2: I thought he missed a little bit of an opportunity yesterday,

710
00:33:28,400 --> 00:33:30,240
Speaker 2: honestly thought he was going to call Arenny out and

711
00:33:30,240 --> 00:33:32,840
Speaker 2: he didn't. Could he have? Should he have? Or should

712
00:33:32,880 --> 00:33:36,320
Speaker 2: somebody I e. And MP in the ensuing period since

713
00:33:36,400 --> 00:33:38,600
Speaker 2: last week have called them out and got them in

714
00:33:38,640 --> 00:33:40,680
Speaker 2: front of the Privileges Committee.

715
00:33:40,640 --> 00:33:43,400
Speaker 12: The speakers responsible for setting the standards of Parliament, and

716
00:33:43,440 --> 00:33:45,720
Speaker 12: he has to do that. They were lowered by mister

717
00:33:45,800 --> 00:33:50,280
Speaker 12: Mallard and mister Brownlee now has the responsibility to up

718
00:33:50,320 --> 00:33:53,800
Speaker 12: the standards in Parliament. He needs the backing of parliamentarians

719
00:33:53,840 --> 00:33:57,160
Speaker 12: to do it. He's chairs the Business Committee that meets

720
00:33:57,200 --> 00:33:59,960
Speaker 12: every week. If he can get the majority of parliament

721
00:34:00,040 --> 00:34:02,520
Speaker 12: Terrians to agree that the standards have slipped and need

722
00:34:02,600 --> 00:34:05,640
Speaker 12: to be improved, then he'll be able to do it with.

723
00:34:05,640 --> 00:34:07,600
Speaker 2: These Do you think he will get that support?

724
00:34:08,800 --> 00:34:11,719
Speaker 12: I think he definitely will. Parliamentarians like to think they

725
00:34:11,920 --> 00:34:14,879
Speaker 12: are members of the highest court in the land. Make

726
00:34:14,920 --> 00:34:17,160
Speaker 12: the highest court of the land adhere to standards that

727
00:34:17,200 --> 00:34:20,640
Speaker 12: are suitable, and I think the parliamentarians would back Jerry.

728
00:34:20,719 --> 00:34:22,319
Speaker 12: He's just got to show the world to do it.

729
00:34:22,680 --> 00:34:24,560
Speaker 2: Is there any room in there? I was thinking about

730
00:34:24,560 --> 00:34:27,080
Speaker 2: this as he was speaking yesterday. There's a lot of

731
00:34:27,320 --> 00:34:29,080
Speaker 2: I mean, you and I can sit here and go gee,

732
00:34:29,120 --> 00:34:30,920
Speaker 2: it's not like it was in the old days, is it?

733
00:34:30,960 --> 00:34:33,720
Speaker 2: But these aren't the old days. Is it the regenerational

734
00:34:33,760 --> 00:34:36,960
Speaker 2: slash cultural clash here that we might want to pay

735
00:34:36,960 --> 00:34:39,239
Speaker 2: attention to or is it just gone too far?

736
00:34:40,480 --> 00:34:42,440
Speaker 12: I think it's gone too far. But I do agree

737
00:34:42,480 --> 00:34:45,560
Speaker 12: that you've got to be continue adjusting your alls. So

738
00:34:46,000 --> 00:34:49,280
Speaker 12: the Mary Party are there. They're very strong and personalities.

739
00:34:49,560 --> 00:34:51,560
Speaker 12: They need to be listened to. But they are part

740
00:34:51,600 --> 00:34:54,920
Speaker 12: of the Business Committee. The Business Committee meets regularly. It

741
00:34:55,200 --> 00:34:59,600
Speaker 12: arives at decision by near unanimity. Doesn't require every parliamentarian

742
00:34:59,680 --> 00:35:02,920
Speaker 12: sitting around the Business Committee to agree, but the majority

743
00:35:03,000 --> 00:35:06,440
Speaker 12: win and that Parliament itself needs to adjust the rules

744
00:35:06,800 --> 00:35:09,360
Speaker 12: and be prepared to do so to raise the standards.

745
00:35:09,440 --> 00:35:11,400
Speaker 2: Is it just the Mallory party in your viewer of

746
00:35:11,480 --> 00:35:14,440
Speaker 2: the Greens fall under this net as well.

747
00:35:14,680 --> 00:35:16,759
Speaker 12: I don't watch parliament anymore. I was there for long

748
00:35:16,840 --> 00:35:18,959
Speaker 12: enough and I don't have to. You're the one that does.

749
00:35:19,960 --> 00:35:23,680
Speaker 12: I think all parliamentarians need to consider whether the standards

750
00:35:23,680 --> 00:35:26,760
Speaker 12: have dropped. I think they have. You had the speech

751
00:35:26,800 --> 00:35:28,880
Speaker 12: the other day that made the speech has caused the trouble.

752
00:35:28,960 --> 00:35:31,280
Speaker 12: It went well over time. That's not allowed to happen.

753
00:35:31,560 --> 00:35:34,160
Speaker 12: If you allow parliamentarians to just have their own speaking

754
00:35:34,200 --> 00:35:37,560
Speaker 12: times will become chaos. But the speaker, mister Brownie, could

755
00:35:37,560 --> 00:35:39,800
Speaker 12: have actually controlled that. He could have cut that speech

756
00:35:39,840 --> 00:35:43,560
Speaker 12: off at due time. He chose not to. He's got

757
00:35:43,560 --> 00:35:44,520
Speaker 12: it tough enough as well.

758
00:35:44,600 --> 00:35:47,120
Speaker 2: Good on you, David nicely said. David can't a former

759
00:35:47,160 --> 00:35:49,040
Speaker 2: speaker of the house. We'll talk about it with Jinny

760
00:35:49,080 --> 00:35:52,040
Speaker 2: and Mark, of course, who were in the house. But yeah,

761
00:35:52,640 --> 00:35:55,080
Speaker 2: it was building. I watched it live and I thought,

762
00:35:55,120 --> 00:35:57,080
Speaker 2: hang on, he's heading in the right direction here. I

763
00:35:57,080 --> 00:35:59,040
Speaker 2: think we've got something. He's going to name her and

764
00:35:59,040 --> 00:36:00,680
Speaker 2: he's going to do something about it, and he's sort

765
00:36:00,719 --> 00:36:03,200
Speaker 2: of whimped out. And I think my general criticism of

766
00:36:03,280 --> 00:36:05,440
Speaker 2: Jerry brownly so far as he's not a great speaker.

767
00:36:05,760 --> 00:36:08,319
Speaker 2: He's certainly better than Mallard, but that's saying nothing. He's

768
00:36:08,360 --> 00:36:10,640
Speaker 2: certainly not as good as Carter was. He wasn't as

769
00:36:10,640 --> 00:36:12,600
Speaker 2: good as Jonathan Hunt. And you can go back further

770
00:36:12,680 --> 00:36:16,120
Speaker 2: from that morning, Mike, it is thirteen past seven, Holy Mike,

771
00:36:16,239 --> 00:36:19,239
Speaker 2: A big difference between top line sales and making money.

772
00:36:19,280 --> 00:36:22,040
Speaker 2: One point four percent growth in hospitality doesn't translate to

773
00:36:22,040 --> 00:36:24,200
Speaker 2: making more money when inflation's at two point seven, food

774
00:36:24,239 --> 00:36:27,759
Speaker 2: inflation at four point six. Fair point. But I think

775
00:36:27,800 --> 00:36:31,080
Speaker 2: I'd still stand behind my comments that hospo's too open

776
00:36:31,560 --> 00:36:33,520
Speaker 2: to anyone who's got a checkbook and wants to buy

777
00:36:33,560 --> 00:36:37,480
Speaker 2: themselves a job, And HOSPO is also still too open

778
00:36:37,880 --> 00:36:40,439
Speaker 2: to people who aren't that good. And when you take

779
00:36:40,480 --> 00:36:44,399
Speaker 2: a large diverse sector. It's easy to average it all

780
00:36:44,440 --> 00:36:47,879
Speaker 2: out and start moaning and going. Whereas I can name,

781
00:36:47,920 --> 00:36:50,960
Speaker 2: and you can name because we all do it. You

782
00:36:51,120 --> 00:36:53,840
Speaker 2: name any number of people who are actually doing very well. Indeed,

783
00:36:53,840 --> 00:36:55,840
Speaker 2: thank you if you work hard and give people what

784
00:36:55,920 --> 00:36:59,200
Speaker 2: they want, relaxing LBR's Mike shows it was never about

785
00:36:59,200 --> 00:37:02,560
Speaker 2: managing risk. Its controlling people. DTIs dictate your allocation of

786
00:37:02,600 --> 00:37:05,400
Speaker 2: funding keeping people in their income class. Well done, well said,

787
00:37:05,800 --> 00:37:08,319
Speaker 2: they do nothing for risk. Now you can have six

788
00:37:08,400 --> 00:37:10,560
Speaker 2: to seven times and come with no or much lower

789
00:37:10,680 --> 00:37:15,000
Speaker 2: LBR buffer. It's incredible, isn't what a control freak? Adrian

790
00:37:15,160 --> 00:37:17,919
Speaker 2: or was my ongoing argument, and it's been this way

791
00:37:18,000 --> 00:37:20,360
Speaker 2: the whole time. I don't actually think we need the

792
00:37:20,400 --> 00:37:22,480
Speaker 2: reserve bank making rules. You need a reserve bank and

793
00:37:22,480 --> 00:37:24,759
Speaker 2: you need somebody kind of I guess overseeing, like you

794
00:37:24,800 --> 00:37:27,080
Speaker 2: need a boss, but you need to get out of

795
00:37:27,120 --> 00:37:29,319
Speaker 2: bank's face. Retail banks know what they're doing. How do

796
00:37:29,360 --> 00:37:32,840
Speaker 2: we know this? Because they're successful and they're profitable, always

797
00:37:32,840 --> 00:37:34,719
Speaker 2: have been, always will be. Why do you need some

798
00:37:34,840 --> 00:37:37,320
Speaker 2: wonk in Wellington on the terrace telling you how to

799
00:37:37,400 --> 00:37:39,440
Speaker 2: run your business? Fourteen past the.

800
00:37:40,440 --> 00:37:44,719
Speaker 1: Like asking breakfast full show podcast on iHeartRadio powered by

801
00:37:44,800 --> 00:37:45,600
Speaker 1: News Talks.

802
00:37:45,320 --> 00:37:48,040
Speaker 2: At b Gail Perata I think is my hero of

803
00:37:48,080 --> 00:37:50,719
Speaker 2: the week. She's the selector netball selector who's gone out

804
00:37:50,719 --> 00:37:53,240
Speaker 2: in the blaze of glory. She's with us shortly seventeen

805
00:37:53,280 --> 00:37:55,760
Speaker 2: past seven, right, another good report from our education sector.

806
00:37:56,080 --> 00:37:58,759
Speaker 2: ERO report shows changes to how the English and maths

807
00:37:58,800 --> 00:38:01,319
Speaker 2: are taught in primary schools, making a material difference. So

808
00:38:01,360 --> 00:38:04,399
Speaker 2: teachers are seeing higher student engagement. Three quarters of parents

809
00:38:04,440 --> 00:38:06,960
Speaker 2: say their child as showing clear progress. Lucy Naylor's the

810
00:38:07,000 --> 00:38:10,600
Speaker 2: Auckland Primary Principal's Association president also principal at Milford School

811
00:38:10,960 --> 00:38:12,440
Speaker 2: and as what this Lucy morning.

812
00:38:12,920 --> 00:38:13,800
Speaker 18: Good morning mate.

813
00:38:13,840 --> 00:38:15,359
Speaker 2: Would you agree? Do you see it?

814
00:38:16,680 --> 00:38:21,040
Speaker 18: Absolutely? Look, this is very promising early signs of improvement

815
00:38:21,080 --> 00:38:24,440
Speaker 18: across the sector. As you say, teachers and parents are

816
00:38:24,520 --> 00:38:27,279
Speaker 18: reporting the students for achieving much better in English and maths. Yeah,

817
00:38:28,080 --> 00:38:29,440
Speaker 18: we're really starting to see change.

818
00:38:29,480 --> 00:38:31,759
Speaker 2: Good, good good. My only concern about this report is

819
00:38:31,800 --> 00:38:34,439
Speaker 2: it's observational as opposed you know, one on one equals two.

820
00:38:35,000 --> 00:38:37,719
Speaker 2: Observations are a bit loose around the edges. Is a

821
00:38:37,840 --> 00:38:39,840
Speaker 2: feel good as valuable as a number.

822
00:38:41,120 --> 00:38:43,880
Speaker 18: In this instance, because it's early days. I think it is.

823
00:38:45,320 --> 00:38:48,560
Speaker 18: We've only been implementing the new curriculum since February this year,

824
00:38:48,680 --> 00:38:50,960
Speaker 18: so we haven't really got a lot of traction. But

825
00:38:51,000 --> 00:38:56,000
Speaker 18: this is definitely good signs and promising for moving forwards.

826
00:38:56,280 --> 00:38:57,960
Speaker 2: And have you seen it in the phonics that we

827
00:38:58,000 --> 00:38:59,719
Speaker 2: talked about earlier on in the week as well.

828
00:39:01,000 --> 00:39:04,880
Speaker 18: Absolutely, Look I'm talking from my own school now. Absolutely

829
00:39:04,880 --> 00:39:09,759
Speaker 18: we've seen huge improvements and the phonics checks and the

830
00:39:09,920 --> 00:39:12,200
Speaker 18: engagement as well, and the attention of the children that

831
00:39:12,239 --> 00:39:14,760
Speaker 18: are being taught using structure literacy.

832
00:39:14,880 --> 00:39:17,319
Speaker 2: Isn't this Because we had Eric r on yesterday and

833
00:39:17,360 --> 00:39:19,360
Speaker 2: I asked, is this low hanging fruit? I mean, in

834
00:39:19,400 --> 00:39:21,800
Speaker 2: other words, what I mean, is this the easy stuff?

835
00:39:21,800 --> 00:39:24,160
Speaker 2: And of course we were going to see improvement? Or

836
00:39:24,200 --> 00:39:27,040
Speaker 2: is this material? Do you think? And this will continue?

837
00:39:27,960 --> 00:39:30,000
Speaker 18: I think this is going to continue to be honest,

838
00:39:30,040 --> 00:39:32,400
Speaker 18: I think education that the English and Maths curriculum we're

839
00:39:32,480 --> 00:39:35,120
Speaker 18: kind of at a springboard. We're all prepped and ready

840
00:39:35,160 --> 00:39:38,680
Speaker 18: to leap into next year. There has been a slow

841
00:39:38,760 --> 00:39:40,640
Speaker 18: down and the roll out of the other curricular mirrors,

842
00:39:40,640 --> 00:39:42,520
Speaker 18: which is really useful for the secretor because we can

843
00:39:42,560 --> 00:39:47,600
Speaker 18: really focus and now the English and the MAS isn't it?

844
00:39:47,640 --> 00:39:50,319
Speaker 2: Isn't this wonderful to be talking about education at long

845
00:39:50,440 --> 00:39:52,160
Speaker 2: last and such a positive light?

846
00:39:52,960 --> 00:39:53,280
Speaker 6: Oh?

847
00:39:53,320 --> 00:39:58,120
Speaker 18: Look, absolutely, and that success is largely down to the

848
00:39:58,160 --> 00:40:02,320
Speaker 18: massive work at primary schools teachers and leaders have put

849
00:40:02,360 --> 00:40:05,480
Speaker 18: into implementing the curriculum changes.

850
00:40:05,760 --> 00:40:07,879
Speaker 2: I'm so excited to go well, Lucy. Appreciate the insight,

851
00:40:08,000 --> 00:40:10,600
Speaker 2: Lucy Naylor, the Auckland Primary Principles Association, all the people

852
00:40:10,680 --> 00:40:12,799
Speaker 2: texting me on this was yesterday as well as you

853
00:40:12,840 --> 00:40:14,640
Speaker 2: realize it's only a small sample. Mind, is there a

854
00:40:14,640 --> 00:40:16,560
Speaker 2: default position among some people in this country to be

855
00:40:16,600 --> 00:40:19,359
Speaker 2: miserable and to be negative? All we've presented so far

856
00:40:19,400 --> 00:40:21,719
Speaker 2: this week is good news. Is there more? Hopefully?

857
00:40:21,760 --> 00:40:21,840
Speaker 7: Do?

858
00:40:21,920 --> 00:40:24,160
Speaker 2: We know? Not yet, But what we have so far

859
00:40:24,360 --> 00:40:27,360
Speaker 2: is good news. Things are changing, things are getting better.

860
00:40:27,920 --> 00:40:30,799
Speaker 2: And all the teachers and all the principles, all the administrators,

861
00:40:30,800 --> 00:40:32,799
Speaker 2: and all the government ministers and all the people have

862
00:40:32,840 --> 00:40:36,880
Speaker 2: worked on this deserve credit for what is seemingly indisputably

863
00:40:37,480 --> 00:40:39,360
Speaker 2: a success story. Seven twenty.

864
00:40:40,880 --> 00:40:45,560
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, How

865
00:40:45,600 --> 00:40:46,719
Speaker 1: It by News TALKSP.

866
00:40:48,800 --> 00:40:51,120
Speaker 2: You're probably driven you walk past or wonder what the

867
00:40:51,200 --> 00:40:53,960
Speaker 2: quaint little cottage in Victoria Park was situated on the

868
00:40:53,960 --> 00:40:55,960
Speaker 2: corner of Pancha on Halsey Street. This and Auckland we're

869
00:40:55,960 --> 00:41:00,440
Speaker 2: talking about parked up Auckland's licensed urban oasis. Uniquets amongst

870
00:41:00,440 --> 00:41:02,760
Speaker 2: the trees and the heart of Auckland CBD are casual

871
00:41:03,320 --> 00:41:05,359
Speaker 2: yet professional ticks. All the boxes for your next event

872
00:41:05,440 --> 00:41:07,560
Speaker 2: or function for up to three hundred people, food, beverage,

873
00:41:07,640 --> 00:41:11,080
Speaker 2: entertainment activities and more. Corporate functions in hosting. Yes, private

874
00:41:11,120 --> 00:41:14,840
Speaker 2: celebrations such as weddings, engagement, special occasions. Yes, it really

875
00:41:14,880 --> 00:41:16,440
Speaker 2: is the one stop party shop right in the heart

876
00:41:16,440 --> 00:41:18,279
Speaker 2: of the city. Pretty busy with the Christmas bookings as

877
00:41:18,280 --> 00:41:20,640
Speaker 2: you would imagine, but I am led to believe there's

878
00:41:20,640 --> 00:41:22,520
Speaker 2: a spot or two available so you can do your

879
00:41:22,520 --> 00:41:25,480
Speaker 2: booking now for the perfect garden party venue in the

880
00:41:25,520 --> 00:41:28,040
Speaker 2: new year, maybe the garden bar of the restaurant they're

881
00:41:28,080 --> 00:41:30,399
Speaker 2: close to opening as well. Gau Zebo's Games would fired

882
00:41:30,400 --> 00:41:33,400
Speaker 2: Pizza Ovens Spitz their very own parked up pills and

883
00:41:33,560 --> 00:41:35,160
Speaker 2: is on tap right in the heart of the CBD,

884
00:41:35,280 --> 00:41:37,200
Speaker 2: close to all the amenities here as we you go.

885
00:41:37,280 --> 00:41:40,960
Speaker 2: Auckland's licensed turban oasis parked up dot co dot in

886
00:41:41,120 --> 00:41:46,040
Speaker 2: z parked up dot co dot in Z sevent twenty four.

887
00:41:46,040 --> 00:41:49,319
Speaker 2: Most stories need a hero, and gayale Parata might fit

888
00:41:49,480 --> 00:41:51,719
Speaker 2: the role. In this particular netball mess or is it

889
00:41:51,760 --> 00:41:54,360
Speaker 2: now a scandal? Gaale Parata has resigned as a national

890
00:41:54,400 --> 00:41:57,040
Speaker 2: netball selector, and in doing so he has gone out

891
00:41:57,040 --> 00:41:59,160
Speaker 2: guns blazing. Because of that has given the rest of

892
00:41:59,239 --> 00:42:01,440
Speaker 2: us a decent insight into what a shambles the Nolding

893
00:42:01,520 --> 00:42:03,719
Speaker 2: two story really is. This thing is now weeks old,

894
00:42:03,760 --> 00:42:06,120
Speaker 2: and when we say weeks old, weeks since she got

895
00:42:06,160 --> 00:42:09,080
Speaker 2: stood down. The story the incidents, the genesis goes back,

896
00:42:09,080 --> 00:42:12,560
Speaker 2: apparently to a camp in summer. Taru's treatment, writes Paraha

897
00:42:12,680 --> 00:42:15,760
Speaker 2: on social media, sends a chilling message to every coach

898
00:42:15,840 --> 00:42:19,480
Speaker 2: in the country. The coaching profession's voice has been sidelined.

899
00:42:19,520 --> 00:42:22,200
Speaker 2: Even the most successful world class coaches are now dispensable.

900
00:42:22,640 --> 00:42:26,120
Speaker 2: The very essence of coaching relationships, trust and lived experience

901
00:42:26,200 --> 00:42:29,239
Speaker 2: no longer seems to hold weight with those making decisions.

902
00:42:29,400 --> 00:42:31,160
Speaker 2: She's on a roll at this point. God bless her

903
00:42:31,520 --> 00:42:35,399
Speaker 2: who she asks would step into a role now knowing

904
00:42:35,440 --> 00:42:38,560
Speaker 2: that one complaint, one misinterpretation, or one moment taken out

905
00:42:38,560 --> 00:42:41,000
Speaker 2: of context could end your career. Now, the value of this,

906
00:42:42,000 --> 00:42:43,680
Speaker 2: quite apart from the fact that it's the first time

907
00:42:43,680 --> 00:42:45,160
Speaker 2: as far as I know, that we've heard from a

908
00:42:45,320 --> 00:42:47,759
Speaker 2: so called third party, is that the so called third

909
00:42:47,760 --> 00:42:51,359
Speaker 2: party seems to infer what we all suspect. This thing

910
00:42:51,400 --> 00:42:54,680
Speaker 2: got blown out of all proportion. This thing, whatever it is,

911
00:42:54,960 --> 00:42:58,000
Speaker 2: seems to involve some sort of upset, moaning, whining, fragile

912
00:42:58,080 --> 00:43:01,160
Speaker 2: ego related overreaction to an event. In other words, some

913
00:43:01,160 --> 00:43:03,840
Speaker 2: players got a bit huffy over Nolean's approach. So the

914
00:43:03,840 --> 00:43:06,160
Speaker 2: big question for all in New Zealand is just how

915
00:43:06,200 --> 00:43:09,640
Speaker 2: many casualties do you want? You've got star players publicly

916
00:43:09,640 --> 00:43:12,360
Speaker 2: calling you out and wanting their coach back, You've got

917
00:43:12,440 --> 00:43:15,520
Speaker 2: lawyers and six minute blocks charging god knows what, and

918
00:43:15,560 --> 00:43:18,160
Speaker 2: now a selector who clearly feels someone has to break

919
00:43:18,160 --> 00:43:20,640
Speaker 2: the silence and flush a few truths out. The damage

920
00:43:20,800 --> 00:43:24,120
Speaker 2: is to Nolean, to the sport, to the selection panel,

921
00:43:24,320 --> 00:43:27,360
Speaker 2: and to coaches generally, because the questions raised by Parata

922
00:43:27,400 --> 00:43:29,960
Speaker 2: are all excellent and like all the other questions in

923
00:43:30,000 --> 00:43:34,440
Speaker 2: the stinking mess, requires some answers asky and the even

924
00:43:34,520 --> 00:43:36,719
Speaker 2: better news about that, as Gail Parat is a couple

925
00:43:36,760 --> 00:43:38,480
Speaker 2: of moments of issues on the program. Directly after the

926
00:43:38,560 --> 00:43:42,000
Speaker 2: new seven twenty five, Mike Adrian Orr was working with

927
00:43:42,080 --> 00:43:44,759
Speaker 2: Robertson to control regulations on the banking system borrowing to

928
00:43:44,760 --> 00:43:48,479
Speaker 2: reduce house price's debt to income LVR. We're not about

929
00:43:48,520 --> 00:43:50,920
Speaker 2: the bank system risk. It was in disguise another agenda.

930
00:43:51,000 --> 00:43:54,719
Speaker 2: These banking restrictions actually worked in the UK. Mike I

931
00:43:54,719 --> 00:43:56,640
Speaker 2: said this from day one that Jury is an extremely

932
00:43:56,719 --> 00:43:58,400
Speaker 2: lazy to speak. The number of times he should have

933
00:43:58,520 --> 00:44:00,759
Speaker 2: leapt to his feet being the gavel and given so

934
00:44:00,760 --> 00:44:02,799
Speaker 2: many MP's from any side of the house a good serve.

935
00:44:03,040 --> 00:44:05,239
Speaker 2: They're now reduced to a bunch of unruly kids. Erica

936
00:44:05,280 --> 00:44:08,840
Speaker 2: Stamford should be the speaker. Ericas Stamford can't do everything.

937
00:44:08,880 --> 00:44:10,840
Speaker 2: You got to stop this. Every time you find a

938
00:44:10,880 --> 00:44:13,240
Speaker 2: half decent politician, you can't make them the prime Minister,

939
00:44:13,360 --> 00:44:15,200
Speaker 2: you can't make them the speaker. I'll tell you what.

940
00:44:15,280 --> 00:44:16,680
Speaker 2: I'm going to raise it with Mark and Jenny. I

941
00:44:16,719 --> 00:44:19,160
Speaker 2: was watching the House yesterday as I always do. It

942
00:44:19,239 --> 00:44:22,760
Speaker 2: was clashing unfortunately with the Commanders and the Bears. But anyway,

943
00:44:22,840 --> 00:44:25,399
Speaker 2: be that as it may. And also, but here's the point,

944
00:44:25,480 --> 00:44:28,319
Speaker 2: Luxon needs some work on Question Time if you watch

945
00:44:28,360 --> 00:44:30,359
Speaker 2: question time, let me know. And the best example came

946
00:44:30,400 --> 00:44:34,640
Speaker 2: directly afterwards with Bishop. So Luxon doesn't look confident in

947
00:44:34,719 --> 00:44:37,239
Speaker 2: question time. Now, I know this is wonkishon in the

948
00:44:37,239 --> 00:44:39,440
Speaker 2: weeds because most people don't watch parliament, but here's one

949
00:44:39,480 --> 00:44:42,239
Speaker 2: I know about the Parliament. If you've got somebody who

950
00:44:42,239 --> 00:44:46,479
Speaker 2: does question time well, it emboldens the team. The team

951
00:44:46,560 --> 00:44:50,440
Speaker 2: go that guy's good, he's our man. And Luxon doesn't

952
00:44:50,440 --> 00:44:54,720
Speaker 2: seem to understand question time or use question time well,

953
00:44:55,239 --> 00:44:57,920
Speaker 2: or look remotely confident in question time. He doesn't look

954
00:44:57,920 --> 00:45:00,640
Speaker 2: prime ministerial. There used to be this question they go

955
00:45:00,800 --> 00:45:02,400
Speaker 2: to ask the prime Minister to stand behind all his

956
00:45:02,600 --> 00:45:04,799
Speaker 2: acts and deeds or words and whatever the question is,

957
00:45:05,040 --> 00:45:07,560
Speaker 2: and you leap to your feet and you go, yes,

958
00:45:07,680 --> 00:45:10,520
Speaker 2: I do. And here's the best example. Today doesn't do

959
00:45:10,560 --> 00:45:13,000
Speaker 2: that anymore. He just goes yes and then sits back

960
00:45:13,040 --> 00:45:16,160
Speaker 2: down again. But you look at Bishop yesterday. Bishop owns it.

961
00:45:16,239 --> 00:45:19,920
Speaker 2: Bishop had charts yesterday, he had numbers and he had facts,

962
00:45:19,960 --> 00:45:22,879
Speaker 2: and he stuck it right up the opposition, and you thought,

963
00:45:23,000 --> 00:45:25,040
Speaker 2: that's the guy who knows the rules, that's the guys

964
00:45:25,080 --> 00:45:27,879
Speaker 2: comfortable in the house. That's a good performer. And that's

965
00:45:27,920 --> 00:45:31,120
Speaker 2: what they need more of anyway, Mark and Jinny after

966
00:45:31,160 --> 00:45:33,160
Speaker 2: eight o'clock for you in the meantime that he uses

967
00:45:33,200 --> 00:45:36,520
Speaker 2: next ahead of Gail, You're on the Mike Hosking Bridge.

968
00:45:37,080 --> 00:45:41,080
Speaker 1: No fluff, just facts and fierce debate, The Mic Hosking

969
00:45:41,120 --> 00:45:45,359
Speaker 1: Breakfast with al Vida, Retirement, Communities, Life Your Way, News,

970
00:45:45,400 --> 00:45:46,160
Speaker 1: togs Head Been.

971
00:45:46,280 --> 00:45:49,160
Speaker 2: I continue after eight Politics Wednesday, twenty three to eight

972
00:45:49,200 --> 00:45:51,440
Speaker 2: writers we mentioned before the news is Gail Parata and

973
00:45:51,440 --> 00:45:54,360
Speaker 2: it bore saving grace. He's quit his National selector and

974
00:45:54,480 --> 00:45:56,520
Speaker 2: gone out making a number of suggestions over the way

975
00:45:56,560 --> 00:45:59,520
Speaker 2: the Nolding Tarler saga has been handled. Gail Parata is

976
00:45:59,520 --> 00:45:59,880
Speaker 2: with us.

977
00:46:00,080 --> 00:46:01,919
Speaker 3: Good morning morning mate.

978
00:46:02,120 --> 00:46:05,520
Speaker 2: Let's start with really simply your level of concern and

979
00:46:05,600 --> 00:46:08,080
Speaker 2: upset at this whole business. One. You couldn't give a

980
00:46:08,120 --> 00:46:10,359
Speaker 2: monkey's teen. You're apoplectic. Where are you at?

981
00:46:12,280 --> 00:46:15,000
Speaker 19: Well? Maybe a safe seven?

982
00:46:15,960 --> 00:46:19,160
Speaker 2: A safe seven. You don't quit because nothing's going wrong?

983
00:46:19,560 --> 00:46:21,960
Speaker 2: What led you to speak out the way you have?

984
00:46:23,040 --> 00:46:27,440
Speaker 19: Or absolutely disappointed in the whole process of how Nickborn

985
00:46:27,520 --> 00:46:30,480
Speaker 19: New's don't come about with standing day Nolling down. I

986
00:46:30,560 --> 00:46:33,280
Speaker 19: believe that day Nolling and deb before are the best

987
00:46:33,320 --> 00:46:37,080
Speaker 19: coaches to take our Silver Firs team forward. The visionary.

988
00:46:37,560 --> 00:46:41,000
Speaker 19: They are intelligence, the technical, and smart, all the things

989
00:46:41,000 --> 00:46:44,160
Speaker 19: that you need in world class coaches. And so that's

990
00:46:44,320 --> 00:46:47,040
Speaker 19: one of the key reasons why I decided to step down.

991
00:46:47,280 --> 00:46:50,000
Speaker 2: Did you tell all this to Jinny and Matt No.

992
00:46:50,040 --> 00:46:52,600
Speaker 19: I just gave them my notice. Didn't see that. I

993
00:46:52,640 --> 00:46:55,440
Speaker 19: was disappointed with the whole process. That's as much as

994
00:46:55,440 --> 00:46:55,880
Speaker 19: I said.

995
00:46:56,080 --> 00:46:57,880
Speaker 2: And were they in shock or surprised?

996
00:46:58,840 --> 00:46:58,960
Speaker 15: Uh?

997
00:46:59,200 --> 00:47:03,920
Speaker 19: Well, they were leave when I get my resign nation

998
00:47:04,080 --> 00:47:04,440
Speaker 19: letter in.

999
00:47:05,080 --> 00:47:07,640
Speaker 2: So that's disappointing. So can you confirm for us this

1000
00:47:07,760 --> 00:47:09,960
Speaker 2: is simply about a handful of players that didn't like

1001
00:47:10,000 --> 00:47:11,719
Speaker 2: the way that Noles runs. The thing is that is

1002
00:47:11,719 --> 00:47:12,520
Speaker 2: it that simple?

1003
00:47:13,239 --> 00:47:16,400
Speaker 19: That is is that simple? There's about thirty one people

1004
00:47:16,440 --> 00:47:20,239
Speaker 19: in the Silver Events environment, that's including management and other athletes,

1005
00:47:20,760 --> 00:47:24,040
Speaker 19: and they spoke to five silver fans plus two junior

1006
00:47:24,120 --> 00:47:27,720
Speaker 19: Silver events. You know why did they not speak to everyone?

1007
00:47:28,120 --> 00:47:30,239
Speaker 19: So that's really really disappointing.

1008
00:47:30,560 --> 00:47:33,319
Speaker 2: So can we say it's seven out of thirty one

1009
00:47:33,360 --> 00:47:34,320
Speaker 2: who have problems?

1010
00:47:35,120 --> 00:47:35,440
Speaker 12: Yes?

1011
00:47:35,719 --> 00:47:37,960
Speaker 2: Right, and the problems they have are what just Nole's

1012
00:47:38,200 --> 00:47:40,440
Speaker 2: who approach is just what a bit aggressive, a bit

1013
00:47:40,520 --> 00:47:42,319
Speaker 2: over whatever the case may be, is that it.

1014
00:47:43,280 --> 00:47:46,280
Speaker 19: Well, that's what they're saying. I don't know that exact

1015
00:47:46,360 --> 00:47:49,040
Speaker 19: part what this what it is, Like everyone else, I'm

1016
00:47:49,040 --> 00:47:52,040
Speaker 19: in the dark, But what I can say is that

1017
00:47:52,200 --> 00:47:55,840
Speaker 19: theories against the New South Wales Swiss where we got Trump,

1018
00:47:56,480 --> 00:47:59,000
Speaker 19: you know, wasn't a good look for our national team

1019
00:47:59,120 --> 00:48:01,680
Speaker 19: and so they probably deserve to get a bit of

1020
00:48:01,680 --> 00:48:02,759
Speaker 19: a blast about that.

1021
00:48:03,080 --> 00:48:05,879
Speaker 2: Yeah, but that's that's all it's about. It's about Noel said,

1022
00:48:05,880 --> 00:48:07,600
Speaker 2: we lost and we've got to do better. Let's pull

1023
00:48:07,680 --> 00:48:09,279
Speaker 2: up our socks, get on with this and work a

1024
00:48:09,280 --> 00:48:11,920
Speaker 2: bit harder, be a bit feder etcetera. That this is

1025
00:48:11,960 --> 00:48:12,600
Speaker 2: all it's about.

1026
00:48:13,320 --> 00:48:16,960
Speaker 19: Absolutely, I believe that it is because I know Noleye.

1027
00:48:17,239 --> 00:48:20,879
Speaker 19: I've been in the civil sans environment many years as

1028
00:48:20,920 --> 00:48:24,200
Speaker 19: a coach with Nolan and also as a national selector,

1029
00:48:24,280 --> 00:48:29,120
Speaker 19: and I have never never seen any well unsafe is

1030
00:48:29,200 --> 00:48:33,799
Speaker 19: the word that's been touted that Noley from nolink at all.

1031
00:48:34,360 --> 00:48:36,759
Speaker 2: Is there an environment? And this is the value of

1032
00:48:36,800 --> 00:48:38,799
Speaker 2: what you've done, Gail, because we get an insight because

1033
00:48:38,800 --> 00:48:41,360
Speaker 2: they're not talking. Is there an environment with a netball

1034
00:48:41,440 --> 00:48:44,440
Speaker 2: New Zealand at management level? That that's sort of I'm

1035
00:48:44,560 --> 00:48:48,280
Speaker 2: not happy, and I'm unsafe that that sort of talk

1036
00:48:49,080 --> 00:48:51,880
Speaker 2: would be taken on board and acted upon. Would would

1037
00:48:51,880 --> 00:48:54,200
Speaker 2: you have described that as a place where that happens

1038
00:48:54,400 --> 00:48:55,400
Speaker 2: before this or not?

1039
00:48:56,640 --> 00:49:00,239
Speaker 19: I would honestly not know, mik Are you talking about

1040
00:49:00,280 --> 00:49:01,400
Speaker 19: ethnical news Zellas?

1041
00:49:01,520 --> 00:49:02,080
Speaker 2: Yeah?

1042
00:49:02,560 --> 00:49:05,799
Speaker 19: Oh yeah, sorry, No, I suppose my role has just

1043
00:49:05,880 --> 00:49:09,359
Speaker 19: been as well in that end where the civil things

1044
00:49:09,360 --> 00:49:12,160
Speaker 19: aren't really so I'm not sure about that side.

1045
00:49:12,360 --> 00:49:14,400
Speaker 2: Do you look at a player well from a selector's

1046
00:49:14,400 --> 00:49:16,360
Speaker 2: point of view, then do you look at a player's

1047
00:49:16,440 --> 00:49:19,919
Speaker 2: robustness beyond the court, the ability to pass the ball

1048
00:49:19,960 --> 00:49:22,000
Speaker 2: and hold their position? Do you look at the mental

1049
00:49:22,040 --> 00:49:24,200
Speaker 2: so called mental fragility of a player? I mean, is

1050
00:49:24,239 --> 00:49:24,920
Speaker 2: that an issue?

1051
00:49:25,000 --> 00:49:28,879
Speaker 19: Absolutely, absolutely as part of our selections And you can

1052
00:49:28,920 --> 00:49:31,400
Speaker 19: read this, especially if you have the experience of working

1053
00:49:31,440 --> 00:49:35,399
Speaker 19: with athletes for years. Yeah, you do look at that.

1054
00:49:35,360 --> 00:49:37,680
Speaker 2: Side, see, because the thing that concerns I think a

1055
00:49:37,719 --> 00:49:39,920
Speaker 2: lot of us is that it's not like no one

1056
00:49:39,960 --> 00:49:42,600
Speaker 2: knows who Nolan Tarua is or what she's about. I mean,

1057
00:49:42,640 --> 00:49:45,000
Speaker 2: she is one of the most esteemed operators in the

1058
00:49:45,040 --> 00:49:48,320
Speaker 2: sport and has been for decades, and what is this

1059
00:49:48,640 --> 00:49:51,480
Speaker 2: tetless about you? You can get a couple of young

1060
00:49:51,520 --> 00:49:54,160
Speaker 2: people upset and suddenly you're on the sideline.

1061
00:49:55,360 --> 00:49:57,680
Speaker 19: Yeah, and that's what it's very scary to be a

1062
00:49:57,719 --> 00:50:01,359
Speaker 19: coach right now. I mean, you know, the job is demanding,

1063
00:50:02,120 --> 00:50:06,399
Speaker 19: often voluntary, for many long hours, and you know that

1064
00:50:06,719 --> 00:50:09,200
Speaker 19: type of thing can happen to any coach and next

1065
00:50:09,239 --> 00:50:10,439
Speaker 19: minute they don't have a job again.

1066
00:50:10,640 --> 00:50:13,160
Speaker 2: Yeah, how would you have handled a view of the boss?

1067
00:50:14,800 --> 00:50:17,880
Speaker 19: Well, they needed to be due process, they needed to

1068
00:50:17,880 --> 00:50:22,760
Speaker 19: be transparent, fairness in there as well. You know, one,

1069
00:50:22,840 --> 00:50:25,719
Speaker 19: they should never have done a review with five or

1070
00:50:25,760 --> 00:50:29,480
Speaker 19: seven athletes. That was just wrong right from the beginning.

1071
00:50:30,200 --> 00:50:33,080
Speaker 19: I understand there hasn't been a formal complaint either, so

1072
00:50:33,640 --> 00:50:35,680
Speaker 19: you know, there's been no other process to follow.

1073
00:50:35,760 --> 00:50:39,040
Speaker 2: Really, so, because the problem with us now, Gail is

1074
00:50:39,120 --> 00:50:42,839
Speaker 2: we've lost you, we've lost Noline. How long does this

1075
00:50:42,920 --> 00:50:44,400
Speaker 2: need to go and how many more people do we

1076
00:50:44,440 --> 00:50:44,960
Speaker 2: need to lose?

1077
00:50:46,520 --> 00:50:49,400
Speaker 19: Well, fortunately it's going to go to the end of

1078
00:50:49,400 --> 00:50:53,920
Speaker 19: the year because she's been stood down till then. But yeah, again,

1079
00:50:54,440 --> 00:50:57,720
Speaker 19: I just think it's a ridiculous decision that Nipple has made.

1080
00:50:58,040 --> 00:51:03,600
Speaker 19: And you know, from five consumed athletes and here we are.

1081
00:51:03,960 --> 00:51:06,879
Speaker 2: Yeah, So your message to Jenny Wiley and Matt Winner

1082
00:51:07,000 --> 00:51:07,239
Speaker 2: as what.

1083
00:51:09,040 --> 00:51:12,839
Speaker 19: Well, they need to reinstate Dave Nolen and dB Faller

1084
00:51:12,960 --> 00:51:14,920
Speaker 19: so we can get on. You know, we've been preparing

1085
00:51:14,920 --> 00:51:17,279
Speaker 19: for the last four years for the Commonwealth Games in

1086
00:51:17,320 --> 00:51:20,680
Speaker 19: the Nipple World Cup. This is now delaying our process forward.

1087
00:51:20,760 --> 00:51:21,000
Speaker 7: For that.

1088
00:51:21,400 --> 00:51:24,520
Speaker 19: The new coaches don't know the athletes right now, I

1089
00:51:24,560 --> 00:51:27,360
Speaker 19: mean the brand new to them, and we're the ones

1090
00:51:27,400 --> 00:51:30,960
Speaker 19: that know exactly what the athletes can do and what

1091
00:51:31,000 --> 00:51:34,120
Speaker 19: our plan was. So they need to reinstate Day Nolen

1092
00:51:34,239 --> 00:51:35,239
Speaker 19: and d before.

1093
00:51:35,200 --> 00:51:37,480
Speaker 2: All right, Gail, appreciate it very much, gil Parata, there's

1094
00:51:37,520 --> 00:51:40,560
Speaker 2: an insight. A former selector for Knitball New Zealand. Mike,

1095
00:51:40,560 --> 00:51:42,720
Speaker 2: I watch television every day of question Time at Parliament

1096
00:51:42,760 --> 00:51:45,200
Speaker 2: and never miss a program. I totally disagree with you

1097
00:51:45,200 --> 00:51:47,480
Speaker 2: about our prime mins. Rey stands up very well against Hipkins,

1098
00:51:47,480 --> 00:51:50,280
Speaker 2: the Greens and TBM, but you are correct about Bishop.

1099
00:51:50,360 --> 00:51:54,560
Speaker 2: He speaks exceptionally well and Oozer's confidence the weakest is

1100
00:51:54,600 --> 00:51:56,000
Speaker 2: the speak of seventeen to two.

1101
00:51:57,200 --> 00:52:01,080
Speaker 1: The mic Asking Breakfast, a full show podcast on iHeartRadio

1102
00:52:01,360 --> 00:52:02,880
Speaker 1: powered by the News Talks av.

1103
00:52:04,520 --> 00:52:06,399
Speaker 2: God. Mike, I never thought I'd ever agree with you.

1104
00:52:06,800 --> 00:52:09,800
Speaker 2: Luxon's ability at question time. He totally lacks confidence, doesn't

1105
00:52:09,800 --> 00:52:12,520
Speaker 2: have the skills needed. I always remember just Sinda saying

1106
00:52:12,520 --> 00:52:15,359
Speaker 2: she used to prep so much for every question time,

1107
00:52:15,360 --> 00:52:17,279
Speaker 2: didn't enjoy it, but it never showed through. Well that's

1108
00:52:17,320 --> 00:52:19,480
Speaker 2: not true. Perhaps he needs to prep a bit more.

1109
00:52:19,560 --> 00:52:22,120
Speaker 2: Possibly he's starting to show signs of anger at every

1110
00:52:22,200 --> 00:52:24,800
Speaker 2: question time now as sure sign of a lack of confidence.

1111
00:52:24,800 --> 00:52:26,960
Speaker 2: Thank you, Monica. I don't agree with you, but I

1112
00:52:26,960 --> 00:52:29,320
Speaker 2: appreciate your input. Mike. Chris Bishop has been in Parliament

1113
00:52:29,360 --> 00:52:31,600
Speaker 2: about six years longer than Luxen, so it has had

1114
00:52:31,600 --> 00:52:34,080
Speaker 2: more practice and question time. I watch QT most days.

1115
00:52:34,480 --> 00:52:37,080
Speaker 2: The longest serving MPs can be extremely entertaining, Winston and

1116
00:52:37,120 --> 00:52:39,480
Speaker 2: Bishop usually getting the better of their opponent's experience. I

1117
00:52:39,520 --> 00:52:42,200
Speaker 2: guess ah, yes and no. I regard it as an

1118
00:52:42,280 --> 00:52:46,479
Speaker 2: art and a skill, and time can help. I'd agree

1119
00:52:46,520 --> 00:52:48,360
Speaker 2: with that part of it. But yeah, either got in

1120
00:52:48,400 --> 00:52:51,360
Speaker 2: my humble opinion, either god it or you haven't taking

1121
00:52:51,360 --> 00:52:54,440
Speaker 2: a glass half full. Mic. I enjoyed a Jared Kirkuey

1122
00:52:54,520 --> 00:52:56,759
Speaker 2: Bank Economy session last night in the Hawk's Bay. He

1123
00:52:56,840 --> 00:52:59,400
Speaker 2: gave some fundamentals on why we will see almost This

1124
00:52:59,440 --> 00:53:03,799
Speaker 2: is interesting. Why we will see almost zero inflation and

1125
00:53:03,800 --> 00:53:06,240
Speaker 2: should see a two percent OCR in the next twelve months.

1126
00:53:06,360 --> 00:53:09,640
Speaker 2: That's a big call. But it comes from Jared Kerr,

1127
00:53:09,680 --> 00:53:12,800
Speaker 2: and if anyone's worth listening to from the economic community,

1128
00:53:12,840 --> 00:53:15,520
Speaker 2: it is Jared Kerr because he's called this right from

1129
00:53:15,640 --> 00:53:18,799
Speaker 2: day one. He's called the fifty points he got in early.

1130
00:53:18,880 --> 00:53:21,040
Speaker 2: He said this is what we need and he's been

1131
00:53:21,080 --> 00:53:23,400
Speaker 2: proven with the benefit of hindsight, to be absolutely correct

1132
00:53:23,680 --> 00:53:26,400
Speaker 2: and far outpace the Reserve Bank, who didn't have a clue.

1133
00:53:26,520 --> 00:53:28,919
Speaker 2: Also outlined where New Zealand needs to invest to build

1134
00:53:28,920 --> 00:53:31,920
Speaker 2: a stronger base for the next generational infrastructure, business efficiency

1135
00:53:31,960 --> 00:53:35,440
Speaker 2: and the environment to retain our great New Zealanders here, Nathan,

1136
00:53:35,480 --> 00:53:39,120
Speaker 2: I hope you. I hope you enjoyed the night. Mike,

1137
00:53:39,160 --> 00:53:41,719
Speaker 2: I might have missed this this morning. This is interesting too.

1138
00:53:41,760 --> 00:53:44,440
Speaker 2: The RB are doing their bit with the lower lvrs.

1139
00:53:45,160 --> 00:53:48,920
Speaker 2: Are they a hefty rate cut last week? Yes, they

1140
00:53:49,080 --> 00:53:51,000
Speaker 2: just need the banks to pass on some of the margin.

1141
00:53:51,080 --> 00:53:54,359
Speaker 2: Note one, the one year swaps at two point four

1142
00:53:54,719 --> 00:53:56,960
Speaker 2: four point four to nine best one year rate over

1143
00:53:57,000 --> 00:53:59,200
Speaker 2: a two percent margin. Well, welcome to the real world,

1144
00:53:59,200 --> 00:54:01,319
Speaker 2: my friend, and thank you for raising this. So what

1145
00:54:01,400 --> 00:54:03,800
Speaker 2: makes it so interesting is that part of the argument.

1146
00:54:03,840 --> 00:54:06,920
Speaker 2: This was Adrian's argument, and this is I think ultimately

1147
00:54:06,920 --> 00:54:09,960
Speaker 2: where he will be either proven right or wrong. Adrian

1148
00:54:10,080 --> 00:54:13,400
Speaker 2: had the retail banks put aside what I regard to

1149
00:54:13,400 --> 00:54:15,440
Speaker 2: be an astonishing amount of money for quote unquote a

1150
00:54:15,520 --> 00:54:18,400
Speaker 2: rainy day. Now, they didn't need to put that amount

1151
00:54:18,400 --> 00:54:21,040
Speaker 2: of money aside, because Adrian was a control freak. The

1152
00:54:21,080 --> 00:54:22,840
Speaker 2: banks are profitable, they were going to be fine. They

1153
00:54:22,840 --> 00:54:24,640
Speaker 2: didn't need to put aside all this money. By putting

1154
00:54:24,680 --> 00:54:27,799
Speaker 2: aside all this money, the retail banks argued, we have

1155
00:54:27,920 --> 00:54:32,280
Speaker 2: to charge more. That's why our margin rate is higher

1156
00:54:32,320 --> 00:54:36,400
Speaker 2: here than, for example, in Australia. Adrian argued this to

1157
00:54:36,440 --> 00:54:39,160
Speaker 2: be the case. Now, what we now know, with the

1158
00:54:39,160 --> 00:54:42,000
Speaker 2: reevaluation of what the banks have to put aside, the

1159
00:54:42,040 --> 00:54:44,080
Speaker 2: retail banks have to put aside, they have to put

1160
00:54:44,160 --> 00:54:49,040
Speaker 2: less aside. Therefore, surely if one plus one equals two,

1161
00:54:49,600 --> 00:54:52,360
Speaker 2: the margin rate will go down. Now, if it doesn't

1162
00:54:52,400 --> 00:54:54,640
Speaker 2: go down, you've then got to ask some very hard

1163
00:54:54,680 --> 00:54:57,400
Speaker 2: questions of the retail bank, saying whereas well, that was

1164
00:54:57,440 --> 00:55:01,040
Speaker 2: your excuse, why is it not gone down? And you

1165
00:55:01,040 --> 00:55:03,319
Speaker 2: can then lead yourself to the conclusion that maybe they

1166
00:55:03,320 --> 00:55:05,279
Speaker 2: were making that up. As an excuse and ripping us

1167
00:55:05,280 --> 00:55:08,120
Speaker 2: off all along. So let's see where the market goes.

1168
00:55:08,360 --> 00:55:13,560
Speaker 1: Tend away the mic Hosking breakfast with a Veda retirement, communities,

1169
00:55:13,680 --> 00:55:14,720
Speaker 1: news togs, dead bs.

1170
00:55:14,640 --> 00:55:17,320
Speaker 2: Given away from the charter school story continues to unfold

1171
00:55:17,560 --> 00:55:20,600
Speaker 2: with our first online charter school caters for those facing

1172
00:55:20,640 --> 00:55:24,319
Speaker 2: geographic barriers, are disengagement from traditional model, social challenges, all

1173
00:55:24,360 --> 00:55:26,920
Speaker 2: the usual stuff for charter schools. Target rolls two hundred

1174
00:55:26,920 --> 00:55:30,640
Speaker 2: initially class sizes of twenty regular school term apply. Sarrah

1175
00:55:30,640 --> 00:55:34,719
Speaker 2: Boyle is the principle of the new Arteria Infinite Academy

1176
00:55:34,880 --> 00:55:36,799
Speaker 2: and us with us this morning, Siah, morning to you.

1177
00:55:37,800 --> 00:55:38,400
Speaker 19: Good morning.

1178
00:55:38,560 --> 00:55:41,200
Speaker 2: Now this is a link to Crimson and Crimson already

1179
00:55:41,239 --> 00:55:43,359
Speaker 2: do this to some degree online, don't they.

1180
00:55:44,800 --> 00:55:47,120
Speaker 20: They have a private school online. Yes, I have a

1181
00:55:47,120 --> 00:55:49,200
Speaker 20: couple of private schools, but this is quite different. This

1182
00:55:49,280 --> 00:55:52,440
Speaker 20: is an amazing opportunity for us to use our experience

1183
00:55:52,560 --> 00:55:55,680
Speaker 20: in the online space by partnering with government to make

1184
00:55:55,719 --> 00:55:59,919
Speaker 20: sure that learning is accessible to every ambitious learner across NEWSIC,

1185
00:56:00,440 --> 00:56:02,160
Speaker 20: irrespective of their postcode.

1186
00:56:02,239 --> 00:56:04,400
Speaker 2: That's my point. My point being that you're already up

1187
00:56:04,400 --> 00:56:06,440
Speaker 2: and running on the tich side of the equation, so

1188
00:56:06,480 --> 00:56:08,399
Speaker 2: you know what you're doing, so this isn't some sort

1189
00:56:08,400 --> 00:56:10,400
Speaker 2: of strange experiment that may or may not work.

1190
00:56:11,120 --> 00:56:13,719
Speaker 20: That's right, and we're using our experience to make sure

1191
00:56:13,760 --> 00:56:16,279
Speaker 20: that this, you know, it's off the ground. It's an

1192
00:56:16,280 --> 00:56:18,160
Speaker 20: amazing experience for these young people.

1193
00:56:18,400 --> 00:56:22,040
Speaker 2: Difficulty with Charter versus private is that in private you've

1194
00:56:22,040 --> 00:56:25,239
Speaker 2: got people willing and able to be there. Under Charter,

1195
00:56:25,440 --> 00:56:27,480
Speaker 2: part of that story is you've got people who have

1196
00:56:27,520 --> 00:56:29,520
Speaker 2: struggled in the system. How are you going to work

1197
00:56:29,600 --> 00:56:32,400
Speaker 2: that out alongside people who may just be in your

1198
00:56:32,400 --> 00:56:35,040
Speaker 2: class because they're in a rural or remote location.

1199
00:56:36,719 --> 00:56:39,719
Speaker 20: We're going to make sure that the timetable is engaging.

1200
00:56:39,920 --> 00:56:43,799
Speaker 20: We have access to high quality teachers across all of

1201
00:56:44,280 --> 00:56:46,759
Speaker 20: New Zealand, and we're going to make sure that there

1202
00:56:46,800 --> 00:56:49,879
Speaker 20: are systems and processes in place so that our young

1203
00:56:49,920 --> 00:56:52,319
Speaker 20: people when they come to the school, they're excited to

1204
00:56:52,360 --> 00:56:56,280
Speaker 20: be part of our community. They're excited to build relationships

1205
00:56:56,320 --> 00:56:59,800
Speaker 20: and to actually approach and engage in their learning and

1206
00:57:00,160 --> 00:57:03,760
Speaker 20: new and innovative way and hopefully in ways that will

1207
00:57:04,719 --> 00:57:06,799
Speaker 20: meet their needs in the way that they haven't been

1208
00:57:06,840 --> 00:57:07,680
Speaker 20: met previously.

1209
00:57:08,040 --> 00:57:10,200
Speaker 2: What's the demand? How many people are lining up for

1210
00:57:10,239 --> 00:57:11,960
Speaker 2: this well.

1211
00:57:12,280 --> 00:57:15,120
Speaker 20: The announcement was made yesterday and we've already got a

1212
00:57:15,160 --> 00:57:19,440
Speaker 20: substantial number of people who are inquiring, with a wide

1213
00:57:19,520 --> 00:57:22,560
Speaker 20: range of reasons for those inquiries. So we're really excited

1214
00:57:22,600 --> 00:57:25,480
Speaker 20: to be going on the road for a road show

1215
00:57:25,680 --> 00:57:28,600
Speaker 20: starting fourth of November through to the twelfth of November

1216
00:57:28,880 --> 00:57:31,800
Speaker 20: from Kerry Carey right through to Queenstown and many places

1217
00:57:31,840 --> 00:57:36,280
Speaker 20: in between. And we will open enrollments on the twelfth

1218
00:57:36,320 --> 00:57:39,080
Speaker 20: of November and it will be first come, first serve basis,

1219
00:57:39,080 --> 00:57:41,760
Speaker 20: So check out our website and see what you've got

1220
00:57:41,800 --> 00:57:43,320
Speaker 20: to do to come and meet us.

1221
00:57:43,600 --> 00:57:45,080
Speaker 2: I was going to say, is there an element of

1222
00:57:45,160 --> 00:57:47,480
Speaker 2: cherry picking going on there or not as far as

1223
00:57:47,480 --> 00:57:48,600
Speaker 2: students are definitely not.

1224
00:57:48,880 --> 00:57:52,080
Speaker 20: Definitely not. There's no preferences, no cherry picking. It is

1225
00:57:52,440 --> 00:57:57,120
Speaker 20: most certainly open to absolutely any learner across New Zealand

1226
00:57:57,280 --> 00:57:59,760
Speaker 20: and all they need to do is get onto our

1227
00:57:59,800 --> 00:58:02,840
Speaker 20: way signed when the enrolment's open on the twelfth of

1228
00:58:02,880 --> 00:58:05,240
Speaker 20: November and make an application.

1229
00:58:05,480 --> 00:58:08,560
Speaker 2: What have you got KPI wise in terms of results

1230
00:58:08,560 --> 00:58:10,240
Speaker 2: for the government to look at to see whether this

1231
00:58:10,240 --> 00:58:11,080
Speaker 2: thing works.

1232
00:58:12,520 --> 00:58:15,000
Speaker 20: As with all charter schools and all schools. In fact,

1233
00:58:15,080 --> 00:58:20,400
Speaker 20: we will be setting our KPIs in partnership with the

1234
00:58:20,480 --> 00:58:24,120
Speaker 20: Charter School Agency and we will need to find out

1235
00:58:24,120 --> 00:58:26,480
Speaker 20: who our learners are and what their needs are before

1236
00:58:26,480 --> 00:58:29,680
Speaker 20: we can really hone in on those. But obviously academic excellence,

1237
00:58:30,080 --> 00:58:33,280
Speaker 20: achievement and progress are top of the list for.

1238
00:58:33,200 --> 00:58:36,320
Speaker 2: Us Fantastic and recruitment of teachers. Have you done that

1239
00:58:36,440 --> 00:58:38,440
Speaker 2: or will do that? And do you anticipate any issues

1240
00:58:38,480 --> 00:58:38,760
Speaker 2: around that?

1241
00:58:40,080 --> 00:58:42,960
Speaker 20: No, we're in the process. We have a really strong

1242
00:58:43,120 --> 00:58:48,960
Speaker 20: and senior leadership team with experience across a range of

1243
00:58:49,000 --> 00:58:51,800
Speaker 20: schools and a lot of them with experience in the

1244
00:58:51,880 --> 00:58:56,040
Speaker 20: online space, and we're currently open to advertising for teachers

1245
00:58:56,120 --> 00:59:01,200
Speaker 20: and Dean and Esenko So if there are any teachers

1246
00:59:01,200 --> 00:59:03,760
Speaker 20: out there, this is an amazing opportunity for you to

1247
00:59:03,760 --> 00:59:06,840
Speaker 20: be part of something innovative and there's many benefits from

1248
00:59:06,840 --> 00:59:10,400
Speaker 20: being online. We encourage you to go and check out our.

1249
00:59:10,280 --> 00:59:12,680
Speaker 2: Jobs bored Fantastic I We're shure the very best with them.

1250
00:59:12,720 --> 00:59:14,480
Speaker 2: A big fan of the charter schools in general. Surah

1251
00:59:14,560 --> 00:59:18,920
Speaker 2: Boyle principle of infinite academic part of the charter school program.

1252
00:59:19,120 --> 00:59:22,320
Speaker 2: Mike with a win yesterday, the Atlanta Falcons have now

1253
00:59:22,360 --> 00:59:25,360
Speaker 2: had victories over Buffalo, Washington, Minnesota three playoff teams from

1254
00:59:25,440 --> 00:59:28,800
Speaker 2: last season. Vikings are useless, so the Falcons have not

1255
00:59:28,840 --> 00:59:31,040
Speaker 2: made the playoffs or had a winning season since twenty seventeen.

1256
00:59:31,120 --> 00:59:33,120
Speaker 2: Year the Falcons looked the real deal. I watched yesterday.

1257
00:59:33,120 --> 00:59:37,240
Speaker 2: That was a good game. The Commander's Bears was the disappointment.

1258
00:59:37,640 --> 00:59:40,480
Speaker 2: The Commanders, we're going to win, and they were counting

1259
00:59:40,480 --> 00:59:42,080
Speaker 2: the clock down. It was two minutes in counting ten

1260
00:59:42,120 --> 00:59:43,520
Speaker 2: minutes in county. They had the ball. They just had

1261
00:59:43,560 --> 00:59:45,160
Speaker 2: to go down the field, didn't even that score. Just

1262
00:59:45,200 --> 00:59:46,720
Speaker 2: had to hold the ball until the clock went out,

1263
00:59:46,720 --> 00:59:48,280
Speaker 2: and then they dropped the ball. The Bears got the

1264
00:59:48,280 --> 00:59:49,720
Speaker 2: ball and they took it right down the other end

1265
00:59:49,760 --> 00:59:52,520
Speaker 2: of the field. Won the game. Very disappointing if you're

1266
00:59:52,520 --> 00:59:56,760
Speaker 2: a Commander's fan. Politics Wednesday, Mark Mitchell and Jinny Anderson

1267
00:59:56,840 --> 00:59:59,440
Speaker 2: are but moments away. Meantime, the news is next. You're

1268
00:59:59,440 --> 01:00:00,280
Speaker 2: a news talk see.

1269
01:00:02,080 --> 01:00:05,600
Speaker 15: You person on over again.

1270
01:00:06,960 --> 01:00:10,840
Speaker 1: Asking the questions others won't the mic asking breakfast with

1271
01:00:11,000 --> 01:00:23,680
Speaker 1: the defender, embraced the impossible news togs he'd be talking on.

1272
01:00:24,120 --> 01:00:27,919
Speaker 2: Would be very pleased to know that she did some work.

1273
01:00:28,040 --> 01:00:29,760
Speaker 2: This is Holly Cook of course, she did some work

1274
01:00:29,800 --> 01:00:32,400
Speaker 2: with the indie rock Powerhouse Merge, but she's back in

1275
01:00:32,440 --> 01:00:34,720
Speaker 2: her original home, which is mister Bongo. Say he's back

1276
01:00:34,760 --> 01:00:39,600
Speaker 2: with Mister Bongo for her fifth studio album, I think

1277
01:00:39,640 --> 01:00:45,320
Speaker 2: you can hear the difference. Tracks are pretty straightforward, steady,

1278
01:00:46,400 --> 01:00:49,840
Speaker 2: lightly skanking rhythms, heart on sleeve lyrics. It's what you

1279
01:00:49,880 --> 01:00:52,560
Speaker 2: want to Holly at mister Bongo, don't you love? We've

1280
01:00:52,600 --> 01:00:56,080
Speaker 2: come to know? And she got twelve of these songs,

1281
01:00:57,200 --> 01:00:59,800
Speaker 2: and you'll finally last thirty nine minutes in nineteen seconds,

1282
01:01:00,800 --> 01:01:04,200
Speaker 2: which at eight minutes past very nicely. The Politics Wednesday,

1283
01:01:04,760 --> 01:01:06,920
Speaker 2: where we find Mark Mitchell joining the program along with

1284
01:01:06,960 --> 01:01:10,600
Speaker 2: Jinny Anderson. Good morning to your boat, Good morning Mike. Mark.

1285
01:01:10,640 --> 01:01:11,680
Speaker 2: How are you feeling? Out of ten?

1286
01:01:13,200 --> 01:01:14,360
Speaker 21: I'm feeling four.

1287
01:01:15,080 --> 01:01:16,240
Speaker 22: Four it's not good.

1288
01:01:16,600 --> 01:01:17,200
Speaker 2: It's not good.

1289
01:01:17,400 --> 01:01:19,360
Speaker 21: Four that's pretty good. That's pretty good.

1290
01:01:19,640 --> 01:01:22,640
Speaker 2: Four out of ten it's pretty good.

1291
01:01:23,000 --> 01:01:23,840
Speaker 22: The boardroom.

1292
01:01:23,880 --> 01:01:26,240
Speaker 21: Sorry sorry, sorry, sorry, I'm getting off the pain scale.

1293
01:01:26,240 --> 01:01:28,560
Speaker 21: You gotta go paying one to teen. So on the

1294
01:01:28,600 --> 01:01:31,600
Speaker 21: pain scale, I'm four, so recovery, I'm probably about an eight.

1295
01:01:31,680 --> 01:01:38,200
Speaker 2: Hurricanes what about understanding? Simple questions? Mark? Where are you

1296
01:01:38,280 --> 01:01:41,800
Speaker 2: on the scale? I just changed my answer.

1297
01:01:42,080 --> 01:01:44,320
Speaker 21: Last last weekend, I was very worried because I was

1298
01:01:44,880 --> 01:01:46,360
Speaker 21: hit a lot of more feet in my system. When

1299
01:01:46,400 --> 01:01:47,120
Speaker 21: I came on the show.

1300
01:01:46,960 --> 01:01:47,960
Speaker 22: Last I think still.

1301
01:01:49,600 --> 01:01:52,240
Speaker 21: There's a little bit the ends a little bit. It

1302
01:01:52,320 --> 01:01:55,560
Speaker 21: was interesting because when I was on last week, I say, look,

1303
01:01:55,560 --> 01:01:58,200
Speaker 21: I'm pretty optimistic. I think that I'm getting great key here.

1304
01:01:58,200 --> 01:02:00,000
Speaker 21: I'll be up running a couple of days the same as.

1305
01:02:00,080 --> 01:02:02,360
Speaker 21: Only got quite a few calls saying that's irresponsible.

1306
01:02:02,360 --> 01:02:05,280
Speaker 2: I've been irresponsible for what be on the show from

1307
01:02:05,320 --> 01:02:05,800
Speaker 2: the hospital.

1308
01:02:06,760 --> 01:02:08,720
Speaker 21: No, no, no, for trying to recover and get out

1309
01:02:08,760 --> 01:02:10,960
Speaker 21: of hospital in a couple of days. And well, everyone

1310
01:02:11,000 --> 01:02:11,880
Speaker 21: recovers at their own.

1311
01:02:11,760 --> 01:02:18,240
Speaker 2: Rates, exactly said. People are moanas, aren't they? Son's crew,

1312
01:02:18,360 --> 01:02:22,800
Speaker 2: that was Jenny's crew. Let me get this, let me

1313
01:02:22,840 --> 01:02:25,320
Speaker 2: get this right? So so so okay or not?

1314
01:02:26,640 --> 01:02:26,800
Speaker 7: Yeah?

1315
01:02:26,880 --> 01:02:28,800
Speaker 21: I am I am no, No, I'm definitely on the

1316
01:02:28,880 --> 01:02:30,840
Speaker 21: right on the road to recovery. There's no doubt about that.

1317
01:02:30,960 --> 01:02:33,560
Speaker 2: Well, where's the pain coming from? What pain are you suffering?

1318
01:02:34,200 --> 01:02:37,560
Speaker 21: I've got cellulitis, and it does take a few days

1319
01:02:37,560 --> 01:02:38,040
Speaker 21: to come right.

1320
01:02:38,160 --> 01:02:41,520
Speaker 2: For goodness sake, it's not good. Terrible, Yeah, it is terrible.

1321
01:02:41,880 --> 01:02:45,080
Speaker 21: It's fine. Fine. When guys, there's other things in the

1322
01:02:45,120 --> 01:02:46,040
Speaker 21: world to worry about.

1323
01:02:46,080 --> 01:02:50,360
Speaker 2: Oh no, not now, I'm worrying. You worried, Jenny, Well.

1324
01:02:50,240 --> 01:02:51,680
Speaker 22: I don't even know what it is. I thought cell

1325
01:02:51,680 --> 01:02:53,440
Speaker 22: you light was like a fat bum, but it's not.

1326
01:02:53,480 --> 01:03:02,360
Speaker 23: That's not right, that's your that's your definitions, right when

1327
01:03:03,520 --> 01:03:04,240
Speaker 23: st a feature.

1328
01:03:04,680 --> 01:03:07,400
Speaker 2: Look, I tell you what, ever, since Morning Reports started

1329
01:03:07,440 --> 01:03:10,360
Speaker 2: copying this segment, I mean, there's that there's there's going

1330
01:03:10,400 --> 01:03:12,240
Speaker 2: to be nothing like this on thats there. I mean,

1331
01:03:12,280 --> 01:03:16,360
Speaker 2: you know this is as good as it gets. Did

1332
01:03:16,400 --> 01:03:20,680
Speaker 2: you when did you open the jewelry shop? Mark the

1333
01:03:20,760 --> 01:03:21,400
Speaker 2: jewelry shop?

1334
01:03:21,440 --> 01:03:24,440
Speaker 21: I did that? Not last weekend, the weekend before.

1335
01:03:24,280 --> 01:03:26,200
Speaker 2: Oh, for God's sake, because I'm reading it in the

1336
01:03:26,200 --> 01:03:28,880
Speaker 2: Herald over the weekend. And the problem the Herald at

1337
01:03:28,920 --> 01:03:30,720
Speaker 2: the moment is they're running. They're doing this thing whereby

1338
01:03:30,760 --> 01:03:33,200
Speaker 2: their run stories for eight years, and so I know

1339
01:03:33,400 --> 01:03:35,640
Speaker 2: I no longer know whether anything happened because I saw

1340
01:03:35,680 --> 01:03:36,640
Speaker 2: you at the jewelry shop.

1341
01:03:36,720 --> 01:03:38,160
Speaker 21: Yeah, that's true, that's true.

1342
01:03:38,160 --> 01:03:41,160
Speaker 2: And I thought this guy's left hospital to open a

1343
01:03:41,280 --> 01:03:42,040
Speaker 2: jewelry shop.

1344
01:03:42,560 --> 01:03:44,920
Speaker 21: No, no, it was just it was literally that was

1345
01:03:44,960 --> 01:03:45,360
Speaker 21: literally the.

1346
01:03:45,400 --> 01:03:45,880
Speaker 2: Day before that.

1347
01:03:46,000 --> 01:03:46,600
Speaker 21: We didn't.

1348
01:03:48,040 --> 01:03:50,320
Speaker 2: Jeez. Now, Jinny, can I pick you up? Can I

1349
01:03:50,360 --> 01:03:53,280
Speaker 2: pick you up? Yesterday? From question time, you look bored witless?

1350
01:03:53,600 --> 01:03:55,800
Speaker 2: You were Who was the person sitting next to you

1351
01:03:55,840 --> 01:03:59,360
Speaker 2: asking the question? Was that Willow Jean je No, you

1352
01:03:59,480 --> 01:04:01,160
Speaker 2: like Willow Gene because you look you had your head,

1353
01:04:01,840 --> 01:04:03,560
Speaker 2: You're heading in your hands, and you're going, oh god,

1354
01:04:03,600 --> 01:04:05,720
Speaker 2: I'd ask a better question than her, get on with it.

1355
01:04:05,760 --> 01:04:06,959
Speaker 2: And you had that look about you.

1356
01:04:07,800 --> 01:04:09,560
Speaker 22: Sorry, and I should I should pick my head up

1357
01:04:09,560 --> 01:04:11,160
Speaker 22: a bit better. I was acture, I had stuff like

1358
01:04:11,240 --> 01:04:14,680
Speaker 22: you've done. So I was working on my phone while listening.

1359
01:04:14,480 --> 01:04:16,640
Speaker 2: And then I saw you steering into middle distance up

1360
01:04:16,680 --> 01:04:18,320
Speaker 2: in the gallery. Who was up in the gallery? That

1361
01:04:18,400 --> 01:04:19,200
Speaker 2: was so fascinating?

1362
01:04:21,480 --> 01:04:23,200
Speaker 22: What was I looking? Or there were other people up

1363
01:04:23,200 --> 01:04:24,080
Speaker 22: in the gallery who were.

1364
01:04:24,360 --> 01:04:25,640
Speaker 2: Were they waving at you something?

1365
01:04:25,960 --> 01:04:26,160
Speaker 7: Yeah?

1366
01:04:26,200 --> 01:04:28,920
Speaker 2: They were? Actually what do you do? Wave back? Are

1367
01:04:28,960 --> 01:04:31,560
Speaker 2: you paying attention? This is a serious place.

1368
01:04:32,240 --> 01:04:34,040
Speaker 22: You're not really need to wave back. No, but I

1369
01:04:34,040 --> 01:04:35,520
Speaker 22: think there was a group of people from the hat

1370
01:04:35,520 --> 01:04:36,680
Speaker 22: who were.

1371
01:04:36,040 --> 01:04:42,640
Speaker 21: She was googling treatment for cell you.

1372
01:04:43,280 --> 01:04:46,200
Speaker 2: I've loved that, now, test Okay, all right, well I'm

1373
01:04:46,240 --> 01:04:49,080
Speaker 2: glad we've got the important business of the day, right, Ginny.

1374
01:04:49,120 --> 01:04:51,840
Speaker 2: You first, the Maori party and their various problems. Are

1375
01:04:51,880 --> 01:04:55,320
Speaker 2: you surprised? And what advice is the seasoned professional would

1376
01:04:55,320 --> 01:04:56,200
Speaker 2: you offer them?

1377
01:04:56,720 --> 01:04:59,680
Speaker 22: Well, I suppose you know, like all parties have the

1378
01:05:00,080 --> 01:05:03,640
Speaker 22: you know all you know, ructions and fights, it's just

1379
01:05:03,760 --> 01:05:05,760
Speaker 22: not so often that we see it and hear it

1380
01:05:05,880 --> 01:05:09,040
Speaker 22: so much. So, so yeah, I guess I am surprised

1381
01:05:09,320 --> 01:05:13,040
Speaker 22: that we've seen it in such detail sort of play

1382
01:05:13,080 --> 01:05:16,800
Speaker 22: out over the last couple of days. But I guess

1383
01:05:17,120 --> 01:05:19,920
Speaker 22: that the main point is is that's what caucus discipline

1384
01:05:19,960 --> 01:05:23,200
Speaker 22: is about. And you know, if you if you're going

1385
01:05:23,240 --> 01:05:26,880
Speaker 22: to be holding yourself accountable, that you need to have

1386
01:05:26,960 --> 01:05:30,920
Speaker 22: a caucus that sticks together. And so having caucus collective

1387
01:05:30,920 --> 01:05:35,160
Speaker 22: responsibility and having a unified group in there, that's that's

1388
01:05:35,200 --> 01:05:38,000
Speaker 22: a critical part of being able to carry yourself politically.

1389
01:05:38,160 --> 01:05:39,800
Speaker 2: Mark, do you do you run a budget? I mean

1390
01:05:39,800 --> 01:05:41,680
Speaker 2: this budget of one hundred and thirty thousand dollars? Do

1391
01:05:41,720 --> 01:05:43,000
Speaker 2: you have a budget? Do you run it? And does

1392
01:05:43,040 --> 01:05:44,720
Speaker 2: anyone oversee what you're doing with it?

1393
01:05:46,200 --> 01:05:46,520
Speaker 10: Yeah?

1394
01:05:46,560 --> 01:05:48,960
Speaker 21: I mean all them peace have a budget and they

1395
01:05:49,040 --> 01:05:50,560
Speaker 21: used they run it to make sure they stay with

1396
01:05:50,600 --> 01:05:51,160
Speaker 21: them budget.

1397
01:05:51,360 --> 01:05:53,320
Speaker 2: And who comes to you and goes Mark, you spend

1398
01:05:53,360 --> 01:05:55,080
Speaker 2: one hundred and thirty thousand dollars more than you were

1399
01:05:55,080 --> 01:05:55,480
Speaker 2: supposed to.

1400
01:05:56,400 --> 01:05:59,400
Speaker 21: Well, Parliamentary Services will help run that budget alongside you,

1401
01:06:00,000 --> 01:06:01,880
Speaker 21: and it's probably them that have come and said, look,

1402
01:06:02,080 --> 01:06:05,640
Speaker 21: you've had a mess of blowout here. But look I'm

1403
01:06:05,680 --> 01:06:06,720
Speaker 21: only I'm guessing.

1404
01:06:07,440 --> 01:06:09,040
Speaker 2: But if you had a blow out of one hundred

1405
01:06:09,040 --> 01:06:11,040
Speaker 2: and thirty thousand dollars, wouldn't you know it? I mean,

1406
01:06:11,040 --> 01:06:11,760
Speaker 2: what's your budget?

1407
01:06:12,480 --> 01:06:15,160
Speaker 21: Well you should know it, definitely, Yeah, you should know

1408
01:06:15,160 --> 01:06:17,040
Speaker 21: if you've had a blow out of ten thousand dollars

1409
01:06:17,520 --> 01:06:18,360
Speaker 21: without a doubt.

1410
01:06:18,320 --> 01:06:20,960
Speaker 2: What's your jinny? Do you have a budget as a

1411
01:06:21,840 --> 01:06:22,840
Speaker 2: opposition MP?

1412
01:06:23,720 --> 01:06:24,080
Speaker 3: Totally?

1413
01:06:24,160 --> 01:06:26,120
Speaker 22: Yeah, you have a budget and you manage it and

1414
01:06:26,360 --> 01:06:29,480
Speaker 22: Parliamentary Service support you and effectively managing it, and you

1415
01:06:29,520 --> 01:06:31,479
Speaker 22: get better at it, to be honest, over time because

1416
01:06:31,480 --> 01:06:34,320
Speaker 22: you get to know, you know what your staff payers,

1417
01:06:34,440 --> 01:06:36,680
Speaker 22: what their allocations are for annually. That's all going to

1418
01:06:36,680 --> 01:06:38,440
Speaker 22: come out of it. You've also had to pay for

1419
01:06:38,440 --> 01:06:41,560
Speaker 22: your things that it or whatever things you need, and

1420
01:06:41,640 --> 01:06:45,240
Speaker 22: I also you also got to fund an office in

1421
01:06:45,320 --> 01:06:47,800
Speaker 22: one way, Mutter and an officer Tony, so we've got

1422
01:06:47,800 --> 01:06:50,160
Speaker 22: to make sure that all those things are covered as well.

1423
01:06:50,200 --> 01:06:52,880
Speaker 22: So yeah, you have to make sure that you know

1424
01:06:52,960 --> 01:06:55,360
Speaker 22: your whips are watching you as well as Parliamentary service

1425
01:06:55,400 --> 01:06:58,120
Speaker 22: to make sure that you're on target, and you usually

1426
01:06:58,160 --> 01:06:59,960
Speaker 22: get a graph to be honest, how you track you?

1427
01:07:00,440 --> 01:07:03,160
Speaker 2: Yeah, well, all right, listen to I've got more questions,

1428
01:07:03,200 --> 01:07:05,440
Speaker 2: probing questions more in a moment. Fourteen past eight.

1429
01:07:06,400 --> 01:07:10,960
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

1430
01:07:11,040 --> 01:07:12,360
Speaker 1: by Newstalks.

1431
01:07:11,800 --> 01:07:15,040
Speaker 2: It be News Talks will be sixteen past eight. Jinny's

1432
01:07:15,040 --> 01:07:16,760
Speaker 2: whether as along with Mark Mitchell this morning? Mark, what

1433
01:07:16,800 --> 01:07:18,280
Speaker 2: do you make of jury yesterday in the House and

1434
01:07:18,360 --> 01:07:19,680
Speaker 2: the speech and what he wants to achieve?

1435
01:07:21,000 --> 01:07:23,919
Speaker 21: I have always said that we should bring standards back

1436
01:07:23,920 --> 01:07:26,280
Speaker 21: to the House. I never agreed with dropping the standards.

1437
01:07:26,320 --> 01:07:28,840
Speaker 21: I think that that is one there is one place

1438
01:07:28,840 --> 01:07:30,720
Speaker 21: in this country that you should take seriously and you

1439
01:07:30,720 --> 01:07:34,240
Speaker 21: should turn up, you know, taking some time to actually

1440
01:07:34,280 --> 01:07:35,840
Speaker 21: look like you're there to do the business of the

1441
01:07:35,880 --> 01:07:38,080
Speaker 21: country for the people that you represent. I've always been

1442
01:07:38,120 --> 01:07:42,920
Speaker 21: in that space. So I congratulate Jury and embrace the changes.

1443
01:07:42,960 --> 01:07:46,000
Speaker 22: What do you make of Ginny, Yeah, well, I think

1444
01:07:46,000 --> 01:07:48,440
Speaker 22: it's good, but whether or not it happens or not

1445
01:07:48,760 --> 01:07:49,720
Speaker 22: is another story.

1446
01:07:49,960 --> 01:07:51,760
Speaker 2: Well will Well, I mean it will happen if you

1447
01:07:51,800 --> 01:07:52,720
Speaker 2: wanted to have them, won't it.

1448
01:07:53,720 --> 01:07:56,200
Speaker 22: Well, you know, I mean the things he said was

1449
01:07:56,240 --> 01:07:58,680
Speaker 22: around you know, turning up, which is fair enough, dress code,

1450
01:07:58,720 --> 01:08:01,520
Speaker 22: which is I think also fair enough. But the use

1451
01:08:01,560 --> 01:08:04,560
Speaker 22: of supplementary questions and how that operates. I mean, we

1452
01:08:04,600 --> 01:08:07,040
Speaker 22: still have Winston Peters every day getting up asking a

1453
01:08:07,080 --> 01:08:09,840
Speaker 22: supplementary that's not a supplementary. And he started to crack

1454
01:08:09,880 --> 01:08:13,000
Speaker 22: down on that a bit. But it's important that you

1455
01:08:13,080 --> 01:08:15,160
Speaker 22: have a single stand that across the house, and I

1456
01:08:15,200 --> 01:08:17,320
Speaker 22: think he's realizing now the important But by.

1457
01:08:17,160 --> 01:08:19,960
Speaker 21: The way, we never the National Party never dropped the standards.

1458
01:08:20,040 --> 01:08:22,320
Speaker 21: So when that was during the speaker, mel I dropped

1459
01:08:22,320 --> 01:08:24,439
Speaker 21: the stead We never did them sid We would stick

1460
01:08:24,479 --> 01:08:26,080
Speaker 21: to the standards that they are important. But you had

1461
01:08:26,360 --> 01:08:28,559
Speaker 21: the Green parties with people turning up looking like at

1462
01:08:28,600 --> 01:08:31,080
Speaker 21: Fonzarelli and stuff.

1463
01:08:33,520 --> 01:08:35,280
Speaker 2: It is true, I look at you, Ginny. I'm not

1464
01:08:35,360 --> 01:08:36,920
Speaker 2: sucking up to you because you're on the show, but

1465
01:08:36,960 --> 01:08:39,360
Speaker 2: you would be one of the better, if not best,

1466
01:08:39,439 --> 01:08:44,080
Speaker 2: presented of the labor MPs. So your appearance is clearly

1467
01:08:44,160 --> 01:08:46,200
Speaker 2: of importance to you, and good on you for that.

1468
01:08:46,960 --> 01:08:49,880
Speaker 22: But well, we were always brought up that way, and

1469
01:08:50,720 --> 01:08:53,400
Speaker 22: you know, we were you know, largely from working class background,

1470
01:08:53,439 --> 01:08:56,759
Speaker 22: but we were always taught that you might not be wealthy,

1471
01:08:56,800 --> 01:08:59,000
Speaker 22: but it was important to look good and present well

1472
01:08:59,080 --> 01:09:01,760
Speaker 22: and that's always been drilled it to me from day one.

1473
01:09:01,960 --> 01:09:04,519
Speaker 2: Yeah, I could be critical Mark and try it. I'm

1474
01:09:04,760 --> 01:09:07,160
Speaker 2: to distance yourself from the fact he's national impeak. I

1475
01:09:07,200 --> 01:09:09,040
Speaker 2: thought he missed a beat yesterday. I thought he was

1476
01:09:09,080 --> 01:09:10,760
Speaker 2: heading somewhere and he was going to call a reny

1477
01:09:10,840 --> 01:09:13,960
Speaker 2: out and he didn't. And I just it just because

1478
01:09:14,000 --> 01:09:16,559
Speaker 2: he's clearly pissed off with what's going on, and rightly

1479
01:09:16,640 --> 01:09:19,280
Speaker 2: so he wants to do something about it, and he

1480
01:09:19,320 --> 01:09:21,720
Speaker 2: could have done more than he did, and he did. Yeah.

1481
01:09:21,760 --> 01:09:25,400
Speaker 22: Probably, Yeah.

1482
01:09:22,680 --> 01:09:23,080
Speaker 12: I think.

1483
01:09:25,520 --> 01:09:28,839
Speaker 21: He put trust anti party Mary and they just completely

1484
01:09:28,840 --> 01:09:30,439
Speaker 21: blew it out the back door. So I think that

1485
01:09:30,439 --> 01:09:32,200
Speaker 21: they're done and their chips are done.

1486
01:09:33,080 --> 01:09:35,599
Speaker 2: Is it just though Mark, Is it just Marie Party

1487
01:09:35,720 --> 01:09:36,880
Speaker 2: or is it the Greens as well?

1488
01:09:38,439 --> 01:09:40,800
Speaker 21: No, the Greens are pretty bad too, without a doubt.

1489
01:09:40,840 --> 01:09:43,799
Speaker 21: In terms of what I feel is not showing respect

1490
01:09:44,160 --> 01:09:46,880
Speaker 21: to the House. It's almost they showed disdain. Why run

1491
01:09:46,960 --> 01:09:50,160
Speaker 21: for parliament? Why come into parliament if you if you

1492
01:09:50,240 --> 01:09:50,800
Speaker 21: hate the place?

1493
01:09:51,400 --> 01:09:54,360
Speaker 2: It's performant. He's right where he's right, Jenny, is it's performative,

1494
01:09:54,439 --> 01:09:56,040
Speaker 2: isn't it is? That they're not there to bet in

1495
01:09:56,080 --> 01:09:58,720
Speaker 2: New Zealand, agree or disagree on politics. They're not there

1496
01:09:58,760 --> 01:10:00,920
Speaker 2: to bet in New Zealand. They're there to form.

1497
01:10:01,439 --> 01:10:03,880
Speaker 22: Well, I think they would argue differently from from the

1498
01:10:04,120 --> 01:10:06,639
Speaker 22: course that the way they're present is that they are

1499
01:10:06,720 --> 01:10:08,920
Speaker 22: arguing for the things that they believe in. But I'm

1500
01:10:08,920 --> 01:10:11,800
Speaker 22: not going to come on and defend them today, that

1501
01:10:11,800 --> 01:10:14,400
Speaker 22: that's not my job. But I think it's important to

1502
01:10:14,439 --> 01:10:16,880
Speaker 22: note that it's not just Dreace, and it's not just that,

1503
01:10:17,000 --> 01:10:19,559
Speaker 22: it's also the behavior in the house and we have,

1504
01:10:20,120 --> 01:10:23,760
Speaker 22: you know, consistently supplementary questions being asked that technically are

1505
01:10:23,800 --> 01:10:28,519
Speaker 22: not supplementary questions. They're just designed to be stunted. So

1506
01:10:28,600 --> 01:10:30,960
Speaker 22: I think when Jerry's cracking down, I think what he's

1507
01:10:31,000 --> 01:10:32,800
Speaker 22: going to find himself doing is if he wants to

1508
01:10:33,040 --> 01:10:35,280
Speaker 22: raise the bar across the house, he's going to have

1509
01:10:35,360 --> 01:10:36,360
Speaker 22: to do that as well.

1510
01:10:36,360 --> 01:10:38,080
Speaker 2: My problem with that, though, Jinny is I know what

1511
01:10:38,120 --> 01:10:40,280
Speaker 2: you're saying, but only you may be technically right, but

1512
01:10:40,720 --> 01:10:43,400
Speaker 2: often not always, But often those questions are quite comedic

1513
01:10:43,479 --> 01:10:45,720
Speaker 2: and where I'm critical of Jerry is he doesn't have

1514
01:10:45,720 --> 01:10:47,880
Speaker 2: a sense of humor and and and the back and

1515
01:10:47,960 --> 01:10:49,680
Speaker 2: forward and the banter and the agro and a bit

1516
01:10:49,720 --> 01:10:52,000
Speaker 2: of biffo every now and again. No longer. He doesn't

1517
01:10:52,040 --> 01:10:53,400
Speaker 2: tolerate it. And I like it.

1518
01:10:53,479 --> 01:10:56,400
Speaker 22: And yeah, I think it's patient kind of run.

1519
01:10:56,280 --> 01:10:58,320
Speaker 21: Out, which is a necessary part of it.

1520
01:10:58,320 --> 01:11:03,000
Speaker 22: With Thursday watching his face, you know, he was really

1521
01:11:03,120 --> 01:11:05,439
Speaker 22: not happy camper, you know, like he was real You

1522
01:11:05,439 --> 01:11:07,360
Speaker 22: could say he was going away to do some deep breathing,

1523
01:11:07,400 --> 01:11:09,680
Speaker 22: you know, he was doing everything in code.

1524
01:11:10,080 --> 01:11:13,960
Speaker 21: Yeah, because he's dealing with bad behavior. And look to

1525
01:11:14,040 --> 01:11:17,840
Speaker 21: compare once Saint Peter's who is I think most key

1526
01:11:17,840 --> 01:11:19,760
Speaker 21: weis even if they don't enjoy a don't agree with

1527
01:11:19,800 --> 01:11:22,519
Speaker 21: his politics, would degree he's an outstanding statesman for us.

1528
01:11:22,680 --> 01:11:23,080
Speaker 2: That's true.

1529
01:11:23,160 --> 01:11:27,759
Speaker 21: He's impecably dressed. He takes the place seriously, the longest

1530
01:11:27,760 --> 01:11:31,479
Speaker 21: service Parliamentaria, absolutely knows the rules. So to compare them

1531
01:11:31,520 --> 01:11:33,760
Speaker 21: to the just eval Greens that come in with the

1532
01:11:33,920 --> 01:11:36,400
Speaker 21: leather jackets and all the rest of the stuff going on,

1533
01:11:36,479 --> 01:11:39,320
Speaker 21: and to Party Mary that have just got they've got

1534
01:11:39,320 --> 01:11:42,479
Speaker 21: no respect for Parliament at all, I'd say that Genny

1535
01:11:42,560 --> 01:11:45,120
Speaker 21: you need to be defending your coalition partners because they're

1536
01:11:45,160 --> 01:11:46,080
Speaker 21: not behaving very well.

1537
01:11:46,840 --> 01:11:47,080
Speaker 20: Well.

1538
01:11:47,160 --> 01:11:51,160
Speaker 22: My view is that I've always personally taken Parliament incredibly

1539
01:11:51,240 --> 01:11:54,920
Speaker 22: seriously and I think the vast majority of MP's who

1540
01:11:55,520 --> 01:11:57,720
Speaker 22: come in each day believe in why they're there, and

1541
01:11:57,720 --> 01:11:59,839
Speaker 22: they all want to make New Zealand a bit of country.

1542
01:12:00,080 --> 01:12:03,360
Speaker 22: I think we might have different philosophical approaches as to

1543
01:12:03,400 --> 01:12:05,400
Speaker 22: how that might be a cheap, but I do believe

1544
01:12:05,439 --> 01:12:07,519
Speaker 22: all in peace come to that place because we love

1545
01:12:07,560 --> 01:12:09,040
Speaker 22: New Zealand and we want to make it better.

1546
01:12:09,360 --> 01:12:12,439
Speaker 2: Interesting, A right good Mark, And I was just going

1547
01:12:12,479 --> 01:12:13,640
Speaker 2: to say I do agree with that.

1548
01:12:13,640 --> 01:12:15,439
Speaker 21: I've always said that myself too. I do believe that

1549
01:12:15,479 --> 01:12:18,280
Speaker 21: everyone comes here because they united by one thing and

1550
01:12:18,640 --> 01:12:20,360
Speaker 21: that's what they believe in. Try to make it better.

1551
01:12:20,400 --> 01:12:23,719
Speaker 21: But the looseness in the in the in the standards,

1552
01:12:23,800 --> 01:12:27,439
Speaker 21: the dropping of standards, and it's a slippery slide, and

1553
01:12:27,800 --> 01:12:29,360
Speaker 21: it is and they've got to be reinstated with it.

1554
01:12:29,479 --> 01:12:31,479
Speaker 2: Lovely to see you. I hope for better Scots for

1555
01:12:31,520 --> 01:12:33,080
Speaker 2: you next week. Mark. Do you want do you want

1556
01:12:33,080 --> 01:12:34,400
Speaker 2: me to see something? Do you want me to do

1557
01:12:34,400 --> 01:12:35,439
Speaker 2: you want some chocolate?

1558
01:12:35,640 --> 01:12:35,880
Speaker 7: Something?

1559
01:12:36,280 --> 01:12:38,840
Speaker 21: But Rocket I don't know your your I like that

1560
01:12:38,840 --> 01:12:40,920
Speaker 21: that little container that you have with all your goodies

1561
01:12:40,920 --> 01:12:41,599
Speaker 21: and it looks.

1562
01:12:41,960 --> 01:12:43,200
Speaker 2: On the Mediterranean salad.

1563
01:12:43,720 --> 01:12:44,679
Speaker 21: The Mediterranean salad.

1564
01:12:44,720 --> 01:12:47,120
Speaker 2: Yeah, I'll send you out a Mediterranean salad. You'll be

1565
01:12:47,160 --> 01:12:51,040
Speaker 2: amazed at. Nice to see you both. Make Mitchell Jinny

1566
01:12:51,040 --> 01:12:52,560
Speaker 2: Anderson for another week A twenty.

1567
01:12:52,320 --> 01:12:56,599
Speaker 1: Two the Make Hosking Breakfast with the Defender and Youth.

1568
01:12:56,400 --> 01:12:57,840
Speaker 3: Togs Dead be right.

1569
01:12:57,920 --> 01:12:59,800
Speaker 2: If you've ever looked around the old kitchen thought, listen,

1570
01:12:59,880 --> 01:13:01,519
Speaker 2: I can do a bit better than this. You're probably right.

1571
01:13:01,520 --> 01:13:05,000
Speaker 2: New Seeland's premium kitchen in a DIY format is the

1572
01:13:05,040 --> 01:13:08,360
Speaker 2: fabulous you do It DIY kitchen, so great savings without

1573
01:13:08,400 --> 01:13:10,600
Speaker 2: compromising on the quality. And they've been doing this for

1574
01:13:10,640 --> 01:13:12,760
Speaker 2: almost fifty years, so they're a proud Keywi company and

1575
01:13:12,800 --> 01:13:15,360
Speaker 2: we love those. They've been helping the homeowners create the

1576
01:13:15,360 --> 01:13:18,960
Speaker 2: superior quality kitchens incredibly affordable prices. Now the affordability bit

1577
01:13:19,080 --> 01:13:21,880
Speaker 2: is that you're doing the design, so they've got the

1578
01:13:21,920 --> 01:13:24,920
Speaker 2: easy tools right. Let you customize the cabinet sizes, add

1579
01:13:24,920 --> 01:13:26,760
Speaker 2: no extra cost. You get to choose from over thirty

1580
01:13:26,760 --> 01:13:30,280
Speaker 2: five color options. Once you've locked in that design, then

1581
01:13:30,439 --> 01:13:32,960
Speaker 2: you do it. Team precision manufacture that kitchen right here

1582
01:13:32,960 --> 01:13:35,400
Speaker 2: in the country, and they do it in only seven days. Ridiculous,

1583
01:13:35,439 --> 01:13:37,920
Speaker 2: only seven days. Everything is dispatched to your door. And

1584
01:13:37,960 --> 01:13:40,080
Speaker 2: you don't need to be a DIY pro either because

1585
01:13:40,120 --> 01:13:42,320
Speaker 2: assembly super easy. If you need a bit of help,

1586
01:13:42,360 --> 01:13:45,040
Speaker 2: the DIY experts are only an email away. And so

1587
01:13:45,200 --> 01:13:46,800
Speaker 2: think about this. You know when the housing market's a

1588
01:13:46,800 --> 01:13:49,960
Speaker 2: bit flat, that strategic improvement is your best investment. So

1589
01:13:50,040 --> 01:13:52,240
Speaker 2: you get the exact kitchen you want, you add the

1590
01:13:52,280 --> 01:13:55,120
Speaker 2: real value to your home, you say, thousands of dollars

1591
01:13:55,120 --> 01:14:00,320
Speaker 2: in the process. So you do it. U d Uiers

1592
01:14:00,320 --> 01:14:02,640
Speaker 2: are proud to say I did it myself. It's you

1593
01:14:02,720 --> 01:14:06,759
Speaker 2: do it pasking until the standards MICA raised in New Zealand,

1594
01:14:06,840 --> 01:14:09,320
Speaker 2: in general, parliament will remain a place full of ordinary

1595
01:14:09,320 --> 01:14:11,920
Speaker 2: people where just an ordinary nation and that has exemplified

1596
01:14:11,920 --> 01:14:14,000
Speaker 2: a on showe in parliament. I mean that's the counter argument.

1597
01:14:14,040 --> 01:14:16,800
Speaker 2: Of course, the House of Representatives is supposed to be

1598
01:14:16,880 --> 01:14:20,559
Speaker 2: a house of representatives and you know from the biggest

1599
01:14:20,600 --> 01:14:24,679
Speaker 2: doofers there to the brain box they represented it probably

1600
01:14:24,880 --> 01:14:27,080
Speaker 2: in New Zealand of Chathams. I sort of got excited

1601
01:14:27,080 --> 01:14:29,679
Speaker 2: about this yesterday until I didn't, so a New Zealand

1602
01:14:29,680 --> 01:14:32,240
Speaker 2: and Chathams have signed up. The theory being you can

1603
01:14:32,280 --> 01:14:34,080
Speaker 2: book one ticket go all the way, it doesn't matter

1604
01:14:34,080 --> 01:14:36,080
Speaker 2: where you leave in the country. James Megha. By the way,

1605
01:14:36,120 --> 01:14:39,599
Speaker 2: this was done in Fukatani. The announcement right Mega flew

1606
01:14:39,600 --> 01:14:43,040
Speaker 2: from Timaru to Wellington to Towering to Fakatani and come

1607
01:14:43,040 --> 01:14:44,960
Speaker 2: on anyway. So the idea is you book it all

1608
01:14:44,960 --> 01:14:47,040
Speaker 2: in one go, your bags will go all the way

1609
01:14:47,040 --> 01:14:50,040
Speaker 2: through anyway. The funny part about that story was that

1610
01:14:50,120 --> 01:14:52,559
Speaker 2: the New Zealand and Chathams have been thinking about this

1611
01:14:52,640 --> 01:14:57,400
Speaker 2: and talking about it for five years. God, no wonder

1612
01:14:57,400 --> 01:14:59,599
Speaker 2: we're not getting anything done in this country. I mean, good,

1613
01:14:59,640 --> 01:15:01,960
Speaker 2: you got the in the end, but geez, five years.

1614
01:15:02,640 --> 01:15:04,400
Speaker 2: News for you in a couple of moments, and then

1615
01:15:04,400 --> 01:15:06,360
Speaker 2: we'll cross the Tasman to our mate Steve.

1616
01:15:07,840 --> 01:15:11,360
Speaker 1: Tough On Power sharp on inside the my casking breakfast

1617
01:15:11,680 --> 01:15:14,240
Speaker 1: with Bailey's real estate, finding the buyers.

1618
01:15:14,280 --> 01:15:16,479
Speaker 3: Others can't use Togsdad b my question.

1619
01:15:17,080 --> 01:15:19,800
Speaker 2: So heck Seth and the Pentagon they've decided they're going

1620
01:15:19,800 --> 01:15:22,439
Speaker 2: to make the media sign up to this idea that

1621
01:15:23,120 --> 01:15:27,160
Speaker 2: they can't obtain or use unauthorized material, even if it's

1622
01:15:27,160 --> 01:15:29,960
Speaker 2: to classify it now. If you don't sign up to that,

1623
01:15:30,040 --> 01:15:33,000
Speaker 2: the passes deadlines tomorrow, passes will be taken off you

1624
01:15:33,040 --> 01:15:36,200
Speaker 2: tomorrow if you haven't signed up so far, ABC, CBSC

1625
01:15:36,280 --> 01:15:41,280
Speaker 2: and n NBC, Fox, even Newsmax, Reuter's Ap, The New

1626
01:15:41,360 --> 01:15:44,840
Speaker 2: York Times, Washington Post, The Atlantic, NPR, National Public Radio

1627
01:15:45,120 --> 01:15:49,519
Speaker 2: have refused to sign. If no one signs, do they

1628
01:15:49,600 --> 01:15:52,519
Speaker 2: back down or is that just what they're wanting and

1629
01:15:52,560 --> 01:15:55,519
Speaker 2: therefore no one will ever cover the Pentagon again? Twenty

1630
01:15:55,520 --> 01:15:55,920
Speaker 2: three to.

1631
01:15:55,920 --> 01:16:00,880
Speaker 14: Nine International correspondence with NS and Eye Insurance for New

1632
01:16:00,960 --> 01:16:02,120
Speaker 14: Zealand Business.

1633
01:16:01,840 --> 01:16:03,599
Speaker 2: And Supprises with US an Australian money.

1634
01:16:03,600 --> 01:16:05,000
Speaker 24: Mate, Hey, they're.

1635
01:16:04,960 --> 01:16:08,400
Speaker 2: A super tax backflip now, the Chambers thing or the

1636
01:16:08,520 --> 01:16:12,679
Speaker 2: Charmers thing. The timing I read yesterday headlined the timing

1637
01:16:12,720 --> 01:16:15,599
Speaker 2: of charmers humiliating super backdown is cynical for a couple

1638
01:16:15,640 --> 01:16:18,599
Speaker 2: of reasons, and went through it. Does it make sense

1639
01:16:18,760 --> 01:16:21,360
Speaker 2: or is this just government mucking around with rules and

1640
01:16:21,439 --> 01:16:22,599
Speaker 2: changing rules? Yet again?

1641
01:16:23,280 --> 01:16:25,080
Speaker 24: No, it makes sense. He could never have done it,

1642
01:16:25,120 --> 01:16:27,479
Speaker 24: I mean, And the timing you mentioned is, of course

1643
01:16:28,160 --> 01:16:31,080
Speaker 24: he wheeled out this backflip on the same day the

1644
01:16:31,120 --> 01:16:34,559
Speaker 24: peace deal was announced, and it was announced about the

1645
01:16:34,560 --> 01:16:37,960
Speaker 24: same time that the Air Force one was landing in Israel. I. Mean,

1646
01:16:38,320 --> 01:16:40,240
Speaker 24: there's no doubt that they tried to just slip it

1647
01:16:40,280 --> 01:16:42,839
Speaker 24: out there and hope no one would notice the problem

1648
01:16:42,880 --> 01:16:45,280
Speaker 24: with this tax. And so it only affects people who've

1649
01:16:45,280 --> 01:16:47,640
Speaker 24: got a super fund of three million or more. And

1650
01:16:47,760 --> 01:16:52,000
Speaker 24: for anything over three million, the current tax over two

1651
01:16:52,000 --> 01:16:56,120
Speaker 24: point fifty is fifteen percent, and they want a double

1652
01:16:56,200 --> 01:16:58,320
Speaker 24: lad if you've got more than three million to thirty percent.

1653
01:16:59,000 --> 01:17:02,640
Speaker 24: But it was on unre realized profits, so even if

1654
01:17:02,640 --> 01:17:05,120
Speaker 24: you hadn't sold your shares or in a fact, in

1655
01:17:05,160 --> 01:17:07,400
Speaker 24: the case of someone like a farmer who has a

1656
01:17:07,439 --> 01:17:10,800
Speaker 24: bad season because the wheat crop doesn't work properly, they

1657
01:17:10,800 --> 01:17:12,600
Speaker 24: were still going to have to pay the tax on

1658
01:17:12,880 --> 01:17:16,000
Speaker 24: based on the value of their assets. And everybody said,

1659
01:17:16,000 --> 01:17:18,760
Speaker 24: this is bloody crazy. You can't do this. It's not

1660
01:17:18,880 --> 01:17:21,240
Speaker 24: in our tax system anywhere else and you shouldn't do it.

1661
01:17:21,520 --> 01:17:23,680
Speaker 24: And then Paul Keating stepped in, who's the father of

1662
01:17:23,720 --> 01:17:26,280
Speaker 24: super in Australia, and he got in Charmer's ear and

1663
01:17:26,320 --> 01:17:28,479
Speaker 24: said you've got to stop doing this. So they're not

1664
01:17:28,520 --> 01:17:30,240
Speaker 24: going to do that now. It's probably going to cost

1665
01:17:30,240 --> 01:17:33,879
Speaker 24: them the budget about ten billion dollars over ten years,

1666
01:17:34,439 --> 01:17:37,679
Speaker 24: So Charmers has got to find some way of filling

1667
01:17:37,840 --> 01:17:42,479
Speaker 24: that hole and it has done his reputation no good

1668
01:17:42,520 --> 01:17:47,240
Speaker 24: at all. So where does he now go. Well, a

1669
01:17:47,280 --> 01:17:49,439
Speaker 24: lot of critics are now saying that they've got to

1670
01:17:49,439 --> 01:17:53,439
Speaker 24: stop spending and he has shows no sign of doing that.

1671
01:17:53,520 --> 01:17:55,519
Speaker 24: So the budget's now in even more trouble than it

1672
01:17:55,640 --> 01:17:58,800
Speaker 24: was before they came up with this crazy idea and partisanism.

1673
01:17:58,840 --> 01:18:00,720
Speaker 2: Of course, his elbows not a the country. Is he

1674
01:18:00,800 --> 01:18:01,759
Speaker 2: nicked off to get married.

1675
01:18:02,760 --> 01:18:05,200
Speaker 24: He wouldn't tell anyone where he is. He's not getting married.

1676
01:18:05,280 --> 01:18:07,760
Speaker 24: He's out of the country my suspicion, he's probably in

1677
01:18:07,760 --> 01:18:10,840
Speaker 24: somewhere like Fiji. He's taken a week off and then

1678
01:18:10,920 --> 01:18:13,920
Speaker 24: next week he goes to the United States to front

1679
01:18:13,960 --> 01:18:16,080
Speaker 24: up to Donald Trump, which is going to be fascinating

1680
01:18:16,120 --> 01:18:18,840
Speaker 24: to see how that all works out. There has been

1681
01:18:18,840 --> 01:18:21,280
Speaker 24: some criticism of why he would take this week off,

1682
01:18:21,400 --> 01:18:24,439
Speaker 24: because you would think you'd have your Prime minister standing

1683
01:18:24,520 --> 01:18:27,880
Speaker 24: up lording Donald Trump for the police deal that he's

1684
01:18:27,880 --> 01:18:29,600
Speaker 24: pulled off in the Middle East and the return of

1685
01:18:29,640 --> 01:18:31,960
Speaker 24: the hostages. But now those know where to be seen.

1686
01:18:32,120 --> 01:18:35,360
Speaker 2: Having said that is that speaking of Donald Trump at

1687
01:18:35,360 --> 01:18:37,519
Speaker 2: the meeting. Another piece I read Yesterda, this has been

1688
01:18:37,560 --> 01:18:40,400
Speaker 2: ongoing the rare earth thing that you do in Australia.

1689
01:18:40,439 --> 01:18:42,160
Speaker 2: You've got a lot of rare earths, and the last

1690
01:18:42,200 --> 01:18:44,360
Speaker 2: article I read is there seemed to be an indication

1691
01:18:44,439 --> 01:18:46,519
Speaker 2: that you weren't far off being able to refine them

1692
01:18:46,560 --> 01:18:50,200
Speaker 2: to the point where Australia becomes a major rare earth player.

1693
01:18:50,360 --> 01:18:52,680
Speaker 2: And given the geopolitics of China and rare earths at

1694
01:18:52,720 --> 01:18:56,680
Speaker 2: the moment, this puts you in a fantastic position with

1695
01:18:56,800 --> 01:18:57,920
Speaker 2: the Americans.

1696
01:18:59,400 --> 01:19:03,280
Speaker 24: We are a great mine were The problem for Australia

1697
01:19:03,400 --> 01:19:05,960
Speaker 24: is that uranium, for example, we dig it up and

1698
01:19:05,960 --> 01:19:08,280
Speaker 24: sell it to everyone else to put into nuclear reactors,

1699
01:19:08,280 --> 01:19:11,559
Speaker 24: but won't build one ourselves. But yes, that is a

1700
01:19:11,560 --> 01:19:14,240
Speaker 24: big bargaining tip. And the other news out this morning

1701
01:19:14,280 --> 01:19:16,120
Speaker 24: is that we've entered into a deal with the US.

1702
01:19:16,120 --> 01:19:20,320
Speaker 24: We're going to co produce guided missile rocket systems. We've

1703
01:19:20,320 --> 01:19:22,639
Speaker 24: set up an office in the United States and we

1704
01:19:22,680 --> 01:19:24,720
Speaker 24: are not far off being able to do it here

1705
01:19:24,720 --> 01:19:28,320
Speaker 24: in Australia. So obviously now Albanize has got lined up

1706
01:19:28,840 --> 01:19:31,960
Speaker 24: quite a number of advantages Australia has when it steps

1707
01:19:32,000 --> 01:19:33,760
Speaker 24: into a room with Donald Trump, which stet to wait

1708
01:19:33,800 --> 01:19:34,479
Speaker 24: to see how it goes.

1709
01:19:34,560 --> 01:19:36,599
Speaker 2: It'll be interesting. Now the Libs where are they at?

1710
01:19:37,920 --> 01:19:41,640
Speaker 2: Is there was a schism as they say within the party.

1711
01:19:42,080 --> 01:19:44,160
Speaker 24: Yeah, there is. They're headless and drifting and they've got

1712
01:19:44,200 --> 01:19:46,519
Speaker 24: to get it back there, back together to that end

1713
01:19:46,600 --> 01:19:50,040
Speaker 24: of seeingor liberal. James Patterson, he's a senator from Victoria,

1714
01:19:50,080 --> 01:19:52,639
Speaker 24: has written a piece in The Australian Today. He says

1715
01:19:52,680 --> 01:19:54,599
Speaker 24: we've got to put a stop to the apology tour,

1716
01:19:54,680 --> 01:19:58,000
Speaker 24: that is apologizing for how badly they did last election.

1717
01:19:58,400 --> 01:20:00,600
Speaker 24: Said you've got to put a clear time limit on

1718
01:20:00,800 --> 01:20:05,680
Speaker 24: soul searching, and you've got to stop labor federally victorianizing

1719
01:20:05,760 --> 01:20:08,320
Speaker 24: the country. Now you and I've spoken enough about how

1720
01:20:08,439 --> 01:20:12,320
Speaker 24: what bad state Victoria is currently and getting worse, and

1721
01:20:12,479 --> 01:20:16,599
Speaker 24: so that comment rings true for me. So he would

1722
01:20:16,600 --> 01:20:19,960
Speaker 24: be described as common sense down the middle. Patterson, he

1723
01:20:20,120 --> 01:20:22,840
Speaker 24: is a conservative, but he's not as far to the

1724
01:20:22,920 --> 01:20:26,280
Speaker 24: writers say Andrew Hasty or Nampagin for price, were both

1725
01:20:26,360 --> 01:20:29,560
Speaker 24: now on the backbench. So this is clearly obviously to me,

1726
01:20:30,160 --> 01:20:33,599
Speaker 24: it looks like the Liberals are deciding that Patterson's going

1727
01:20:33,640 --> 01:20:35,200
Speaker 24: to be the one that's going to go out and speak.

1728
01:20:35,680 --> 01:20:37,839
Speaker 24: Susan Lee will hang onto a job for the meantime.

1729
01:20:37,920 --> 01:20:40,519
Speaker 24: But Patterson could even swap out of the Senate to

1730
01:20:40,600 --> 01:20:43,080
Speaker 24: the Lower House at any election coming up, and he's

1731
01:20:43,080 --> 01:20:44,200
Speaker 24: a potential future leader.

1732
01:20:44,360 --> 01:20:46,760
Speaker 2: Interesting I was reading about Melbourne yesterday. You've got a

1733
01:20:46,800 --> 01:20:49,640
Speaker 2: seventy three percent increase in your congestionally becoming next year.

1734
01:20:49,680 --> 01:20:51,880
Speaker 2: For car parks. You have what they call category one

1735
01:20:51,920 --> 01:20:54,880
Speaker 2: and category two areas. For category one at the moment,

1736
01:20:55,040 --> 01:20:57,280
Speaker 2: seventeen hundred and fifty dollars a year from next year,

1737
01:20:57,280 --> 01:20:59,840
Speaker 2: it's three thousand, just like that, seventy three percent. Who

1738
01:21:00,160 --> 01:21:01,320
Speaker 2: votes for this nonsense?

1739
01:21:02,400 --> 01:21:04,600
Speaker 24: Well people who don't have to put their car in

1740
01:21:04,640 --> 01:21:07,519
Speaker 24: a car park in the city presumably, And most people

1741
01:21:07,560 --> 01:21:09,400
Speaker 24: didn't know anything about it. Until you dig into it,

1742
01:21:09,520 --> 01:21:13,280
Speaker 24: you don't realize the percentage increase. It's just extraordinary. I mean,

1743
01:21:13,360 --> 01:21:16,120
Speaker 24: that's going to apply to any business that runs a

1744
01:21:16,200 --> 01:21:19,120
Speaker 24: business in Melbourne who have to provide a car park

1745
01:21:19,560 --> 01:21:23,200
Speaker 24: for their staff. And so where does that costs come from? Well,

1746
01:21:23,240 --> 01:21:24,920
Speaker 24: it comes straight off the bottom line of the business.

1747
01:21:24,960 --> 01:21:27,680
Speaker 24: And so people are not getting pay rises. They are

1748
01:21:27,960 --> 01:21:30,080
Speaker 24: desperate for money. And so that's one of the reasons

1749
01:21:30,080 --> 01:21:31,680
Speaker 24: they're going to do that, because they need to keep

1750
01:21:32,000 --> 01:21:33,240
Speaker 24: the cash rolling through the door.

1751
01:21:33,520 --> 01:21:37,800
Speaker 2: Unreal. I knowe that Mario Andretti has jumped on board

1752
01:21:37,880 --> 01:21:41,559
Speaker 2: your your bandwagon, and you might have been onto something

1753
01:21:41,600 --> 01:21:42,040
Speaker 2: all along.

1754
01:21:43,360 --> 01:21:48,280
Speaker 24: Andretti just very briefly twelve Grand Prix wins, four IndyCar titles,

1755
01:21:48,360 --> 01:21:52,640
Speaker 24: seventy eight world champion in F one has come out

1756
01:21:52,720 --> 01:21:56,160
Speaker 24: and said, well, I like Oscar Piastre and I don't

1757
01:21:56,160 --> 01:22:00,280
Speaker 24: mind Lando Norris, but it appears that McLaren are favoring Forrris.

1758
01:22:00,360 --> 01:22:02,240
Speaker 24: Now where have you heard that before? You might have

1759
01:22:02,280 --> 01:22:05,280
Speaker 24: heard it on this very radio program. But there's an

1760
01:22:05,360 --> 01:22:09,000
Speaker 24: even broader conspiracy theory I'm about to share with you.

1761
01:22:10,000 --> 01:22:15,000
Speaker 24: Mario Andretti sits on the board of Cadillac F one, yes,

1762
01:22:15,120 --> 01:22:17,559
Speaker 24: where they are going to join the grid next year.

1763
01:22:18,520 --> 01:22:21,960
Speaker 24: So I think he's trying to stir up trouble within

1764
01:22:22,320 --> 01:22:25,040
Speaker 24: the McLaren camp because he's got his eyes in the

1765
01:22:25,120 --> 01:22:27,679
Speaker 24: future on Oscar driving to them.

1766
01:22:28,280 --> 01:22:31,120
Speaker 2: Interesting, I'll remember you're onto it, Stephen. Nice to talk

1767
01:22:31,120 --> 01:22:33,479
Speaker 2: to you. Appreciate it, Stephen Price. Back next week. They

1768
01:22:33,560 --> 01:22:35,920
Speaker 2: got botas and peries. Of course, Cadillaca for their opening

1769
01:22:35,960 --> 01:22:38,040
Speaker 2: season next year. By the way, that's rare earth thing

1770
01:22:38,200 --> 01:22:40,000
Speaker 2: is worth following if you're not into rare earths, but

1771
01:22:40,120 --> 01:22:42,800
Speaker 2: rare ersts make the world go round. Of course, without

1772
01:22:42,880 --> 01:22:45,120
Speaker 2: rare earth, there are no smartphones. There are no computers

1773
01:22:45,200 --> 01:22:47,599
Speaker 2: or radars or MRI scanners or electric ows or wind

1774
01:22:47,600 --> 01:22:49,920
Speaker 2: turbines or jet engines on the guard and missiles anyway.

1775
01:22:49,960 --> 01:22:51,960
Speaker 2: The point being that Trump is all exercised at the

1776
01:22:52,000 --> 01:22:54,840
Speaker 2: moment because China squeezed on the rare earth market, because

1777
01:22:54,840 --> 01:22:57,479
Speaker 2: they control most of the rare earth. They squeezed it

1778
01:22:57,560 --> 01:22:59,680
Speaker 2: the other day and Trompin what I can't believe it,

1779
01:22:59,720 --> 01:23:03,320
Speaker 2: the one hundred percent tariffs. But I was reminded yesterday

1780
01:23:03,320 --> 01:23:05,519
Speaker 2: and reading about this dung japing, and you're going back

1781
01:23:05,520 --> 01:23:08,080
Speaker 2: to the eighties here famous quote back in eighty seven.

1782
01:23:08,120 --> 01:23:12,120
Speaker 2: The Middle East has oil, China has rare roots. And

1783
01:23:12,240 --> 01:23:13,400
Speaker 2: he was saying it in the eighties. So if you

1784
01:23:13,400 --> 01:23:14,760
Speaker 2: couldn't see that coming, you weren't looking.

1785
01:23:14,920 --> 01:23:19,480
Speaker 1: Eight forty five, The High Casking Breakfast Full Show podcast

1786
01:23:19,680 --> 01:23:22,320
Speaker 1: on iHeartRadio powered by News Talks at.

1787
01:23:22,280 --> 01:23:26,200
Speaker 2: B Just before I forget on F one is raised

1788
01:23:26,240 --> 01:23:29,200
Speaker 2: by Steven moment ago. Christian Horner, they say, is it's

1789
01:23:29,240 --> 01:23:31,280
Speaker 2: being reported in the tabloids and Britain this morning is

1790
01:23:31,320 --> 01:23:34,559
Speaker 2: and talks with Ferrari. Now, the problem with that particular

1791
01:23:34,640 --> 01:23:37,000
Speaker 2: rumor is that all the other rumors involved in going

1792
01:23:37,040 --> 01:23:40,560
Speaker 2: to Elpin, not specifically Elpine, but the idea behind Elpine

1793
01:23:41,320 --> 01:23:42,880
Speaker 2: was he could own a chunk of the company and

1794
01:23:42,960 --> 01:23:45,360
Speaker 2: eccleston was going to provide him the money or help

1795
01:23:45,439 --> 01:23:47,720
Speaker 2: him with the money. And what he really wanted to

1796
01:23:47,800 --> 01:23:49,920
Speaker 2: do was not just be a boss, but be the owner,

1797
01:23:49,960 --> 01:23:51,960
Speaker 2: had a slice of the action. So Elpin was really

1798
01:23:52,000 --> 01:23:54,200
Speaker 2: the one that was open and briatory. Who kind of

1799
01:23:54,280 --> 01:23:56,280
Speaker 2: runs the thing at the moment in an advisory capacity

1800
01:23:56,320 --> 01:23:57,960
Speaker 2: is a bit of a shambles, and the whole teams

1801
01:23:57,960 --> 01:23:59,400
Speaker 2: are shambles, and they don't know where they're heading or

1802
01:23:59,439 --> 01:24:01,080
Speaker 2: what they're doing anyway, So a little bit of the

1803
01:24:01,120 --> 01:24:05,400
Speaker 2: old Horner magic might be good, whereas Ferrari there is

1804
01:24:05,520 --> 01:24:09,200
Speaker 2: no ownership and you're part of what is a calamitous

1805
01:24:09,320 --> 01:24:13,320
Speaker 2: Italian machine that finds it hard to change a tire

1806
01:24:13,439 --> 01:24:15,600
Speaker 2: in a pit stop, far less find a car that

1807
01:24:15,720 --> 01:24:18,160
Speaker 2: can go fast enough to win a race. So what

1808
01:24:18,280 --> 01:24:20,320
Speaker 2: he wants with that I don't know, but anyway, that's

1809
01:24:20,360 --> 01:24:22,200
Speaker 2: the latest. The other thing that sort of caught my

1810
01:24:22,240 --> 01:24:25,640
Speaker 2: attention yesterday was Tirau, which we like Tira, I think

1811
01:24:25,680 --> 01:24:27,599
Speaker 2: when we drive through it. But Tira is a place,

1812
01:24:27,680 --> 01:24:29,720
Speaker 2: It's a place on the way to somewhere else, isn't

1813
01:24:29,720 --> 01:24:31,800
Speaker 2: it really? To be honest, it's no one goes to Tira.

1814
01:24:31,960 --> 01:24:34,040
Speaker 2: You go through Tirau too. I don't know places like

1815
01:24:34,640 --> 01:24:38,000
Speaker 2: I don't know Taalpo anyway, So they've been having these

1816
01:24:38,080 --> 01:24:40,040
Speaker 2: hearings and I didn't realize this is how it worked.

1817
01:24:40,400 --> 01:24:43,919
Speaker 2: So Burger in this particular case, Burger King and Starbucks

1818
01:24:44,160 --> 01:24:46,120
Speaker 2: have applied to open up. I didn't realize you had

1819
01:24:46,120 --> 01:24:49,040
Speaker 2: to go through hoops for that. If you were controversial,

1820
01:24:49,160 --> 01:24:51,439
Speaker 2: I thought maybe if you're a liquor outlet, if you're

1821
01:24:51,479 --> 01:24:55,160
Speaker 2: a hooker, yeah you want to open up a pole

1822
01:24:55,280 --> 01:24:57,160
Speaker 2: dancing thing, maybe you have to go to the authorities.

1823
01:24:57,200 --> 01:24:59,559
Speaker 2: I don't know. But if you're just selling coffee, well

1824
01:24:59,600 --> 01:25:03,760
Speaker 2: what about one of McDonald's. Yeah, that's that. That was

1825
01:25:03,840 --> 01:25:05,559
Speaker 2: because it was a first all because it was part

1826
01:25:05,600 --> 01:25:07,640
Speaker 2: of the reserve, or because it was part of a

1827
01:25:07,720 --> 01:25:09,320
Speaker 2: natural landscape that was different.

1828
01:25:09,360 --> 01:25:11,280
Speaker 1: Again, wasn't it just because there was a budge of

1829
01:25:11,320 --> 01:25:13,519
Speaker 1: but busy bodies and one didn't want to McDonald's.

1830
01:25:13,520 --> 01:25:13,560
Speaker 7: No.

1831
01:25:13,720 --> 01:25:15,680
Speaker 2: Well, yes it was that, but equally it was part

1832
01:25:15,680 --> 01:25:18,080
Speaker 2: of a part of a natural heritage area, or you know,

1833
01:25:18,200 --> 01:25:20,439
Speaker 2: you were too close to the mountain or something like that.

1834
01:25:20,520 --> 01:25:21,800
Speaker 2: But this is just people who just want to go

1835
01:25:21,920 --> 01:25:24,080
Speaker 2: high to you here we are anyway, whole lot of people.

1836
01:25:24,200 --> 01:25:26,799
Speaker 2: They had endless submission, one hundred and forty eight submissions,

1837
01:25:26,800 --> 01:25:28,840
Speaker 2: the majority opposed to the development. Well, of course they are.

1838
01:25:28,880 --> 01:25:33,480
Speaker 2: Everyone's opposed to everything here, noise, traffic, storm water, proximity

1839
01:25:33,840 --> 01:25:36,439
Speaker 2: to the local school, character of the town, I mean,

1840
01:25:36,560 --> 01:25:37,240
Speaker 2: character of the town.

1841
01:25:37,280 --> 01:25:39,560
Speaker 24: I guess couldn't you get that around that whether it

1842
01:25:39,720 --> 01:25:42,560
Speaker 24: corrugated a big giant corrugated cup of coffee.

1843
01:25:42,280 --> 01:25:44,719
Speaker 2: Well exactly, that's that's the point, you know, talk about

1844
01:25:45,040 --> 01:25:48,040
Speaker 2: put some corrugation on there and you're away and laughing. Anyway,

1845
01:25:48,200 --> 01:25:50,400
Speaker 2: two days of public hearings and they've been allowed to

1846
01:25:50,479 --> 01:25:52,920
Speaker 2: go ahead. But they can only operate between five in

1847
01:25:52,960 --> 01:25:54,479
Speaker 2: the morning and eleven at night, which I don't know

1848
01:25:54,520 --> 01:25:56,400
Speaker 2: whether that's fine or not, But all I'm saying is

1849
01:25:57,000 --> 01:25:59,439
Speaker 2: if you can't, if you're a regular run of the

1850
01:25:59,479 --> 01:26:02,559
Speaker 2: mill they burgers and cups of coffee. If you've got

1851
01:26:02,640 --> 01:26:07,960
Speaker 2: to leap through hurdles to simply open your door, how

1852
01:26:07,960 --> 01:26:10,000
Speaker 2: hard are we making doing business in this country?

1853
01:26:10,160 --> 01:26:14,360
Speaker 1: Nine to nine The Make Hosking Breakfast with Bailey's Real

1854
01:26:14,439 --> 01:26:15,439
Speaker 1: Estate News Talks.

1855
01:26:15,680 --> 01:26:15,920
Speaker 7: D No.

1856
01:26:16,040 --> 01:26:17,840
Speaker 2: You heard me talk about the importance of performance and

1857
01:26:17,880 --> 01:26:19,840
Speaker 2: results time and time again. You know my views on

1858
01:26:19,920 --> 01:26:22,920
Speaker 2: getting resultsfull According to the latest independent data from morning

1859
01:26:23,080 --> 01:26:24,600
Speaker 2: Star and you can see this for yourself. By the

1860
01:26:24,600 --> 01:26:28,200
Speaker 2: way Morningstar dot com dot au, Milford's Kisaber funds the

1861
01:26:28,320 --> 01:26:30,400
Speaker 2: number one for performance over the past ten years. This

1862
01:26:30,520 --> 01:26:35,000
Speaker 2: is in the active growth, balanced and conservative categories. It's

1863
01:26:35,040 --> 01:26:37,439
Speaker 2: not a flup. That's a decade of consistency, driven by

1864
01:26:37,479 --> 01:26:40,400
Speaker 2: an expert team and an active investment strategy that responds

1865
01:26:40,439 --> 01:26:42,439
Speaker 2: to the market. They've also picked up a few awards

1866
01:26:42,479 --> 01:26:44,800
Speaker 2: along the way. They've got Canstar's Kiwisaber Provider of the

1867
01:26:44,880 --> 01:26:48,240
Speaker 2: Year awards for outstanding Value and most Satisfied Customers. And

1868
01:26:48,439 --> 01:26:51,160
Speaker 2: yes they've won the Consumer People's Choice Award eight years straight.

1869
01:26:51,200 --> 01:26:53,720
Speaker 2: So performance and customer satisfaction matter, and let's be honest,

1870
01:26:53,760 --> 01:26:56,360
Speaker 2: they do. They're Milford's worth a serious luck changing in

1871
01:26:56,400 --> 01:26:59,599
Speaker 2: Milford too, super simple, just takes minutes. Online. Go online

1872
01:26:59,640 --> 01:27:02,920
Speaker 2: Milford set dot com. Right, Milford Asset dot com, photo

1873
01:27:03,000 --> 01:27:06,479
Speaker 2: ID and ird number handy, You're done. Past performance not

1874
01:27:06,560 --> 01:27:09,040
Speaker 2: a reliable indicator of the future performance of Milford Funds

1875
01:27:09,080 --> 01:27:11,639
Speaker 2: Limited is the issuer of the Milford q wesaber planning

1876
01:27:11,640 --> 01:27:13,760
Speaker 2: the Milford Investment Funds. So go to Milford Asset dot

1877
01:27:13,800 --> 01:27:16,960
Speaker 2: com read the relevant Milford product disclosure statement and to

1878
01:27:17,040 --> 01:27:20,640
Speaker 2: read their financial Advice Provider disclosure statement as well. But

1879
01:27:20,720 --> 01:27:25,160
Speaker 2: it's all at Milford Asset dot com. Pasking now. Sora,

1880
01:27:25,520 --> 01:27:28,679
Speaker 2: Sora too, and chat gbt are consuming so much power

1881
01:27:28,720 --> 01:27:32,000
Speaker 2: that open I Open AI yesterday has just done another

1882
01:27:32,240 --> 01:27:37,160
Speaker 2: ten gigawatt deal, partnering with broad coom to design and

1883
01:27:37,200 --> 01:27:41,640
Speaker 2: develop ten gigawatts of custom AI chips and systems. That

1884
01:27:41,840 --> 01:27:43,360
Speaker 2: means what does that mean? You're saying, well, what the

1885
01:27:43,439 --> 01:27:46,360
Speaker 2: hell does that mean? Chat gbt, by the ways, eight

1886
01:27:46,439 --> 01:27:48,720
Speaker 2: hundred million weekly users, by the way, they think Sora

1887
01:27:48,880 --> 01:27:51,639
Speaker 2: is now growing at a faster rate than chat GPT.

1888
01:27:52,520 --> 01:27:54,320
Speaker 2: Sora is where you tap in and go, you know,

1889
01:27:54,760 --> 01:27:57,000
Speaker 2: do me a video of my cosking dancing like a chicken,

1890
01:27:57,000 --> 01:27:58,800
Speaker 2: and it comes up with it's all AI generates. Just

1891
01:27:58,960 --> 01:27:59,400
Speaker 2: it's crap.

1892
01:27:59,479 --> 01:28:00,800
Speaker 20: You don't dad any other way, do you?

1893
01:28:01,120 --> 01:28:03,040
Speaker 2: The only the only way to dance, Glenn. As we

1894
01:28:03,080 --> 01:28:07,559
Speaker 2: all know, eight million households, That deal yesterday, that one

1895
01:28:07,640 --> 01:28:11,519
Speaker 2: deal yesterday is the equivalent of power to eight million

1896
01:28:11,920 --> 01:28:14,639
Speaker 2: households five minutes away from.

1897
01:28:14,600 --> 01:28:19,439
Speaker 1: Nine trending now with Chemist Warehouse celebrate big brands and

1898
01:28:19,520 --> 01:28:20,680
Speaker 1: biggest savings.

1899
01:28:20,360 --> 01:28:22,000
Speaker 2: And the windmills are going to provide all the power

1900
01:28:22,040 --> 01:28:25,320
Speaker 2: you need for that, aren't they? Eh? Aren't they? Turning Point,

1901
01:28:25,479 --> 01:28:27,400
Speaker 2: you know, Turning Point, Charlie Kirk, all of that sort

1902
01:28:27,439 --> 01:28:30,680
Speaker 2: of stuff. Then are hosting their own show for the

1903
01:28:30,760 --> 01:28:33,760
Speaker 2: Super Bowl. After Bad Bunny was announced. They don't like

1904
01:28:33,840 --> 01:28:37,240
Speaker 2: bad Bunny. Bad bunnies are bad Bunny anyway. So this

1905
01:28:37,360 --> 01:28:40,840
Speaker 2: fake poster went viral saying they're going to have kid Rock,

1906
01:28:41,439 --> 01:28:45,840
Speaker 2: Jason Eldean, Lee Greenwood, Proud to be an American and

1907
01:28:45,920 --> 01:28:53,200
Speaker 2: special guest Measles. So we're all laughing, that's quite funny. Unfortunately,

1908
01:28:53,240 --> 01:28:56,360
Speaker 2: the mega influencers who aren't that bright, thought that was real.

1909
01:28:56,880 --> 01:28:58,680
Speaker 2: Then Turning Point had to come out and say it's

1910
01:28:59,040 --> 01:29:04,080
Speaker 2: not real anyway. They think they know mega influences, who

1911
01:29:04,200 --> 01:29:06,080
Speaker 2: really is going to be at the Super Bowl show.

1912
01:29:06,120 --> 01:29:07,160
Speaker 2: It's this woman. Listen to this.

1913
01:29:07,960 --> 01:29:11,280
Speaker 7: There's a Dugs cripping inside joy.

1914
01:29:16,080 --> 01:29:18,880
Speaker 3: It says, come up until.

1915
01:29:18,960 --> 01:29:19,840
Speaker 23: Leave you her.

1916
01:29:20,120 --> 01:29:23,120
Speaker 2: It's Lara Trump. Perhaps the most hell them's adobed the

1917
01:29:23,120 --> 01:29:31,080
Speaker 2: Trump Plan. Kai plays golf, Don Junior does Don Junior

1918
01:29:31,120 --> 01:29:35,200
Speaker 2: stuff with the Crypto. But Lara's scenes and you've seen

1919
01:29:35,280 --> 01:29:39,680
Speaker 2: Lara's show on Fox. She interviews people in the administration

1920
01:29:40,120 --> 01:29:42,840
Speaker 2: and they show around their offices, and she goes and

1921
01:29:42,920 --> 01:29:44,559
Speaker 2: you sit down here at the desk, and they goes

1922
01:29:44,600 --> 01:29:47,599
Speaker 2: where we sit Lara, and what are these pictures? Well,

1923
01:29:47,640 --> 01:29:49,000
Speaker 2: the pictures are past presidents.

1924
01:29:49,120 --> 01:29:49,360
Speaker 13: Lara.

1925
01:29:49,439 --> 01:29:51,240
Speaker 2: Oh, that's cool. It's a cool office. That's a whole

1926
01:29:51,280 --> 01:29:53,560
Speaker 2: show on Fox. Anyway, She's got a whole lot of

1927
01:29:53,600 --> 01:29:55,960
Speaker 2: other singles. Seven singles out on Spotify at the moment.

1928
01:29:57,080 --> 01:30:01,400
Speaker 2: Go Lara, there's us for another day, Back tomorrow, Happy Days.

1929
01:30:03,080 --> 01:30:05,960
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1930
01:30:06,080 --> 01:30:09,120
Speaker 1: News Talks at b from six am weekdays, or follow

1931
01:30:09,200 --> 01:30:10,720
Speaker 1: the podcast on iHeartRadio.