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Speaker 1: New Zealand's voice of reason is Mike the my Hosking

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Speaker 1: Breakfast with Bailey's real Estate altogether better across residential, commercial

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Speaker 1: and rural news talks head beat, Well, are.

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Speaker 2: You welcome today? A couple of new laws that got

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Speaker 2: past yesterday. Drug testing on the roads is coming in

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Speaker 2: sentenced discounts at Fontira hits the road to talk to

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Speaker 2: us about the sale of their consumer division and speaking

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Speaker 2: of the land, more records have been broken in the

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Speaker 2: court industry, so will give you those numbers. Sir Bob

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Speaker 2: Geldoff cops in after eight three yarm with Joe mckennison,

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Speaker 2: Rome Rod Linton as the schedule from Britain. Posky, welcome

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Speaker 2: to Thursday seven past six. Yes, Fontira, they gave us

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Speaker 2: the half year profit the other day and this is

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Speaker 2: a company we should all be pleased for and celebrating

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Speaker 2: at the moment. Of course, the dairy story against the

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Speaker 2: backdrop of broader economic darkness for this country is not

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Speaker 2: to be underestimated. The billions of being poured into the

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Speaker 2: country is more than welcome. At the farm gate prices

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Speaker 2: at the midpoint of ten dollars, which is amazing for

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Speaker 2: farmers and all the downstream businesses that collect a bit

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Speaker 2: of that income. But as for the company itself, if

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Speaker 2: you look at the numbers, you will see what they

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Speaker 2: call the consumer channel. That's the stuff that they sell

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Speaker 2: at the shop as opposed to the bulk stuff they

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Speaker 2: sell like whole milk powder. The consumer channel is things

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Speaker 2: you will know and having your basket at the supermarket

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Speaker 2: anchor Mainland Fresh and fruity capity. The numbers for this

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Speaker 2: division for the half year volumes are up eight and

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Speaker 2: a half percent. They had margin growth, that's profit over all.

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Speaker 2: The profit was one hundred and seventy three million dollars.

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Speaker 2: This is a good business, and good businesses are doing well.

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Speaker 2: Why do I mention this well because they're wanting to

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Speaker 2: get out of that particular business. They want to sell

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Speaker 2: it or float it. They've decided that others can do

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Speaker 2: it better. This, as I've said before, and I'm taking

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Speaker 2: the opportunity given the result to say it again, is

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Speaker 2: a mistake. The numbers show you it is not a

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Speaker 2: troubled business. They are not sinking or losing money or

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Speaker 2: having problems being profitable. They know what they are doing.

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Speaker 2: It is also a related business. It's not like they

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Speaker 2: do whole milk powder and coat hangers. It's all dairy related.

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Speaker 2: The problem with getting rid of something that you've decided

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Speaker 2: you don't want is regret. What they have is valuable,

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Speaker 2: it's brands, it's loyalty, it's patriotism, it's a good news store,

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Speaker 2: performing will. Flicking something to pocket the cash super easy,

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Speaker 2: but you run the risk of regret. And here's the thing.

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Speaker 2: There are many people with vastly more experienced than me

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Speaker 2: in these areas that argue exactly the same. If Fontira

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Speaker 2: can line all the doubters up, pitch their case and

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Speaker 2: change minds, fine, but they haven't done that yet. So

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Speaker 2: the question is still very much alive. Are they on

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Speaker 2: the verge of making a very big and expensive mistake?

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Speaker 3: News of the World in ninety seven.

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Speaker 2: While hurl of the aforementioned with us after six thirty

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Speaker 2: this morning. Now it's not like this hasn't had built

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Speaker 2: up either, But Chancellor of Rachel, she was cutting and

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Speaker 2: slashing in the commons overnight in her spring statement, while

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Speaker 2: also telling you things are peaching, our plan for change

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Speaker 2: is working.

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Speaker 4: Defense spending is rising, waiting lists are falling, wages are up, interest.

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Speaker 3: Rates are cut.

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Speaker 5: That is the difference that this Labour government is making.

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Speaker 2: Toys. I said, what Tories do?

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Speaker 4: It was the right honorable lady who confected the twenty

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Speaker 4: two billion.

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Speaker 6: Pound black hole.

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Speaker 7: He smoked, scream there was only ever there in order

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Speaker 7: to cover up for a fact that she and the

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Speaker 7: Prime Minister renamed on their promises to.

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Speaker 2: The British Now part of the issue for Reeves and Stalmers,

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Speaker 2: of course, they are walking Philly fine line in their

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Speaker 2: own party.

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Speaker 8: I've heard in many of the new MPs which haven't

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Speaker 8: ever kind of rebelled against the government before, saying this

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Speaker 8: is a step too far and really want government to

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Speaker 8: pull back from.

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Speaker 2: That rod with this Later on, of course, meantime in Washington,

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Speaker 2: Cockade cock up Gate rolls on. In front of the Intellcommittee.

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Speaker 2: Miss Gibbet, who yesterday was blustering and huffing and puffing,

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Speaker 2: did more of the same to die Directoryvart.

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Speaker 9: Do you think that it's responsible for you, as head

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Speaker 9: of the intelligence community and the principal's presidential intelligence advisor,

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Speaker 9: to retweet posts from individuals affiliated with Russian state media?

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Speaker 10: That retweet came from my personal account, and I would

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Speaker 10: have to go back to look at the substance of

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Speaker 10: the tweet.

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Speaker 9: Can I act perhaps that you not think that you

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Speaker 9: should be saying one thing on your personal account?

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Speaker 10: Then you say, officially, I maintained my First Amendment rates

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Speaker 10: to be able to express my own personal views.

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Speaker 2: She's good, ah, not if any blame is to be

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Speaker 2: laid in any headers to roll. The focus seems now

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Speaker 2: to be tuning to the former Foxy Higgsith Secretary.

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Speaker 11: Hagsath has disclosed military plans as well as classified information.

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Speaker 12: He needs to resign immediately.

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Speaker 2: He needs to resign immediately and in full investigation needs

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Speaker 2: to be undertaken. Big developments on that. Just a couple

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Speaker 2: of moments where you finally another of these geography scraps

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Speaker 2: made famous by Champagne and Parmesan. This one's for rum.

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Speaker 2: Last year the Jamaican government changed the rules around what

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Speaker 2: could be classified as rum. Aging it overseas is now prohibited.

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Speaker 2: One of the biggest producers a run the National RUMs

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Speaker 2: of Jamaica. They say, well, hold on, that's part of

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Speaker 2: our business. The business model relies on us exporting in

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Speaker 2: bulk aging it off. Sure they're owned currently by the

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Speaker 2: French spirits for mess of I will keep you one

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Speaker 2: posted on that News of the world in ninety couple

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Speaker 2: of inflation reads. Good news for the forementioned Starmer and Co.

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Speaker 2: Two point eight for February, expectations for two point nine

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Speaker 2: core number three point five. They thought it might be

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Speaker 2: three point seven, so are things in the right direction there.

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Speaker 2: And also very good news yesterday for inflation in Australia.

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Speaker 2: They thought two point five came in at two point four.

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Speaker 2: More with Andrew shortly twelve past six.

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

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Speaker 1: by News Talk Zip.

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Speaker 2: Just quickly on that Spring statement. The takeout mainly are

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Speaker 2: the welfare cuts aforementioned three and a half thousand dollars

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Speaker 2: from your back pocket is taken from three million families,

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Speaker 2: so that's the politics of it. They've cut the growth

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Speaker 2: forecast for the country as well from two percent to

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Speaker 2: one percent, and the defense spending is increased by a

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Speaker 2: further four and a half to five billion dollars. So

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Speaker 2: more with Rod later fifteen past six Money j My

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Speaker 2: Wealth Andrew Keller had good morning, very good money, Michael.

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Speaker 2: Now we'll come to that Australian number in just a

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Speaker 2: couple of moments. But KMD, which we know of course,

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Speaker 2: is other things these days, So.

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Speaker 3: What do we know?

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Speaker 2: It didn't look that flash.

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Speaker 13: No, but things look like they could be getting better,

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Speaker 13: and I think that's the key takeout here. So yeah,

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Speaker 13: this was we're going through the sort of tail end

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Speaker 13: of company results yesterday. Name familiar to a lot of

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Speaker 13: the listeners CapMan Do or as it relates to the

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Speaker 13: stock Exchange called Catman Do brands these days. So you

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Speaker 13: got Catman Do as we know it, or the outdoor

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Speaker 13: cad and rip curls so wetsuit surf brand and this,

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Speaker 13: oh bos there's hiking tramping boots that I don't think

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Speaker 13: very many people would have heard of at all. Now, look,

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Speaker 13: we know retail has been a tough gig, Catmand Brands

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Speaker 13: has certainly not been immune from those tough conditions. Result

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Speaker 13: released yesterday gives us a little view into retail in Australasia.

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Speaker 13: So yeah, Mike, they had guided the market to a

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Speaker 13: week result and they told us it was going to be.

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Speaker 14: Tough, and the result was in line with that guidance.

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Speaker 13: Sales though, yeah, they do seem to be improving and

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Speaker 13: that's the good thing. So it was in line with guidance.

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Speaker 13: It wasn't good it's still a battle statutream net loss

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Speaker 13: of twenty point seven million for the six months to

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Speaker 13: jan thirty one, earnings down seventy four percent, sales marginally higher.

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Speaker 13: But there are these proverbial green shoots that do appear

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Speaker 13: to be some momentum in the rip Curl and the

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Speaker 13: cap Mandu sales. So if we look at the quarterly

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Speaker 13: sales treams, say go to rip Curl for the Court

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Speaker 13: versus a year earlier, you had five consecutive quarters of

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Speaker 13: negative outcomes, then all of a sudden they're Q two

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Speaker 13: twenty five numbers up six and a half percent. Now

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Speaker 13: on the same metric for the cat Mend shops, also

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Speaker 13: five consecutive quarters of negative quarterly growth, then second quarter

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Speaker 13: up six point nine percent. So look they're coming off

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Speaker 13: pretty low bases, but they are improving. You're not seeing

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Speaker 13: that on O Boz, but that's only a smaller part

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Speaker 13: of the business. And that momentum they saw in the Court,

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Speaker 13: remember that's the end of January, that does appear to

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Speaker 13: be feeding into the.

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Speaker 2: Following quarter as well.

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Speaker 13: So I do when I look at the numbers, Mike,

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Speaker 13: you do see that Australia looks a little bit more

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Speaker 13: resilient than New Zealand. A look across the whole half,

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Speaker 13: sales in Australia up three point eight percent but down

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Speaker 13: two percent in New Zealand, so as you're doing a

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Speaker 13: little bit better when they talk about outlook, they say

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Speaker 13: on the wholesale account, so business to business, they remain

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Speaker 13: cautious on preseason commitments in a challenging market, and they

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Speaker 13: are monitoring the impact of global uncertainty on consumer confidence,

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Speaker 13: supply chains.

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Speaker 2: And that's pretty much everyone, isn't it.

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Speaker 13: That's all terariffs there, share price in that sort of

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Speaker 13: retail euphoria. Back in twenty twenty one, share prices up

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Speaker 13: at the dollar sixty seven. It's now at thirty five cents.

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Speaker 13: So they've got to they have got some work to do.

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Speaker 13: But the tide may be turning good, maybe.

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Speaker 2: Turning well, I hope. So inflation in Australia within the band,

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Speaker 2: and then I think they're looking for a couple more cuts,

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Speaker 2: aren't they before the end.

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Speaker 3: Of the year.

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Speaker 13: Yeah, maybe, So this update on inflation, so still a

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Speaker 13: few We've still got all this uncertainty micro around sort

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Speaker 13: of tariffs and whether or not that's going to be

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Speaker 13: inflationary and all of that sort of stuff. But we've

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Speaker 13: got an update yesterday on inflation across the Tasmin hot

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Speaker 13: on the heels of those unexpected tax cuts and the

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Speaker 13: federal budget. Inflation running a little bit higher on the

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Speaker 13: headline level than it's here in New Zealand. Remember we're

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Speaker 13: sitting around two point two percent. Ossie come in a

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Speaker 13: little bit higher at two point four, but they were

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Speaker 13: expect from two point five. That is the lowest level

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Speaker 13: or equal to the lowest level Australia for three years.

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Speaker 13: The Reserve Bank they prefer what they call the trimmed

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Speaker 13: Meme measure. That print is slightly higher at two point

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Speaker 13: seven percent, but has also fallen from two point eight

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Speaker 13: percent in January. As you said, they're both within the

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Speaker 13: target range. A couple of issues. As I sort of noted,

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Speaker 13: rent inflation over there, which is included in the CPI

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Speaker 13: over there. Look, that's been quite high. It's now starting

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Speaker 13: to ease, but still running at five and a half percent,

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Speaker 13: so it's pretty high if you think about it. But

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Speaker 13: the cost of building MIC has interesting, you know, it's

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Speaker 13: been problematic here in New Zealand. Inflation on the cost

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Speaker 13: of building now only running at one point six percent.

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Speaker 13: Back in twenty twenty two it was up around twenty

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Speaker 13: two percent. It's virtually disappeared, so that's pretty good.

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Speaker 14: RBA.

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Speaker 13: They addressed the cash rate next week, as you said,

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Speaker 13: probably nothing next week, but still yep, some cuts on

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Speaker 13: the horizon.

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Speaker 2: There may be the end of the year numbers. Please.

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Speaker 13: So here's some interesting stuff. The dal Jones it's down,

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Speaker 13: it's down a third of a percent forty two thousand,

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Speaker 13: four hundred and forty seven. But the S and P

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Speaker 13: five hundred and Nasdaq quite a bit weaker. The S

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Speaker 13: and P five hundred down one percent five seven one eight,

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Speaker 13: but the Nastik down almost two percent seventeen thy nine

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Speaker 13: hundred and seventeen. And there's an issue there from video

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Speaker 13: because China is talking about bringing in some slightly higher

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Speaker 13: regulations on computer chips over there, and I'm just wondering

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Speaker 13: whether this is a bit of they're finding a way

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Speaker 13: to push back on the tariff talk. Forty one hundred

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Speaker 13: up point three percent over night, eighty six eight nine,

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Speaker 13: the Nicke up point sixty five percent three eight oh

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Speaker 13: too seven shag Ho coms that barely moved three three

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Speaker 13: six eight.

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Speaker 2: The Aussie is gainedo.

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Speaker 13: Point seven one yesterday seven nine O eight. We had

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Speaker 13: a good day on the internets fifty yesterday, Ryman up

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Speaker 13: six percent, Fish and Pocal Healthcare up almost five percent.

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Speaker 13: The Internet's fifty up one point two three percent. Twelve thousand,

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Speaker 13: three hundred and thirty four.

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Speaker 2: We like that key.

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Speaker 13: We dollop point five seven four to ozh against the

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Speaker 13: US point nine one O five ozziero point four three

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Speaker 13: two to one, Euro point four to four five one

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Speaker 13: pounds eighty six point four three Japanese and Gold three

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Speaker 13: thousand and fifteen US dollars.

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Speaker 14: And Brinker just creeping up a little bit. Mike, seventy

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Speaker 14: four bucks.

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Speaker 2: On Brinkle Crude. I don't want to see that doing No,

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Speaker 2: we do not, but I want to see you tomorrow.

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Speaker 2: I appreciate your time. Andrew kellaher Jomiwealth dot Co dot

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Speaker 2: m z Tsking, Steph Curry and Michelle Obama have launched

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Speaker 2: a sports drink this morning, three flavors. It's going to

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Speaker 2: be on Amazon select grocery stores. It's called Pleasi no

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Speaker 2: added sugar, artificial sweetness, less sodium, full daily dose of

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Speaker 2: vitamin C in there joins KB Bryant Lebron, James Logan,

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Speaker 2: Paul and all the others are into sports drinks. The

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Speaker 2: overall demand apparently for advanced hydration, that's what they call it,

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Speaker 2: is very strong. Pleasi means fun in Creole. Michelle Obama,

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Speaker 2: I mean Steph Curry. I get Michelle Obama?

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Speaker 12: Is she bored?

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Speaker 2: Six twenty one Here at Newstalk zb.

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Speaker 1: Love Myke Cosky Breakfast Full Show podcast on iHeartRadio powered

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Speaker 1: by News Talks at be mentioned.

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Speaker 2: Australia a moment ago, just before we leave, Jeens West

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Speaker 2: has fallen over collapsed ninety stores. The reporter is reading yesterday,

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Speaker 2: late yesterday. The stores here are not closing, they claim,

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Speaker 2: but they are in Australia entered the administration back in

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Speaker 2: January of twenty twenty rescue by a Hong Kong company.

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Speaker 2: So they spent the last five years trying to revive it.

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Speaker 2: Can't do it.

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Speaker 7: All.

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Speaker 2: Stock is expected to go on sale shortly. There's some

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Speaker 2: six hundred workers ninety stores, six hundred workers. But as

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Speaker 2: I say, as of yesterday out of Australia, Jeans West

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Speaker 2: here remains open. Apparently six twenty five. Now, Carolyn, well,

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Speaker 2: you know what happens this first of all their liars.

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Speaker 2: There was nothing. There was nothing secret on the on

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Speaker 2: the on the on the chat. Not true, But that's

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Speaker 2: not stopping Carolyn this morning blaming you know who.

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Speaker 15: If this story proves anything, it proves that Democrats and

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Speaker 15: their propagandas in the mainstream media know how to fabricate,

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Speaker 15: orchestrate and examinate a misinformation campaign quite well.

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Speaker 2: Now the problem is hig Seth has been sprung and

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Speaker 2: after the news I will give you exactly well, not

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Speaker 2: all of that, but it has been If you want

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Speaker 2: to go to the Atlantic, it's all been published. Is

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Speaker 2: it detailed? Is its secret? Should it never have been

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Speaker 2: on the platform?

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Speaker 8: Yes?

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Speaker 2: Yes, yes, yes, yes and yes six twenty five.

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Speaker 1: Trending Now Quill Chemist ware House the home of big

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Speaker 1: brand fighters.

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Speaker 2: Now from our Oberoted tourist hotspots files comes this morning

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Speaker 2: the news that although popular the Pyramids of Geezer, they

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Speaker 2: attracted about fifteen million people a year to go and

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Speaker 2: have a GRP, they might not be as fun as

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Speaker 2: they look on the brochure. This is travel vlogger and

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Speaker 2: TikTok a phil Cow.

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Speaker 4: What's the biggest disappointment of your life? Because for me

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Speaker 4: it was visiting the Pyramids of Gezer, something we've all

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Speaker 4: dreamed of doing, but in the end it crushed my

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Speaker 4: fairy size. The Great Pyramid is one of the most

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Speaker 4: special and mysterious buildings on the whole planet, but going

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Speaker 4: inside it is quite literally hell, as you're force fed

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Speaker 4: into a giant lump of stone with a load of

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Speaker 4: other Sucker is just trying to tick something off their bucket.

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Speaker 4: Lest whether the Pyramids were built by Aliens, the people

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Speaker 4: of Atlantis, or most likely the ancient Egyptians. I wish

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Speaker 4: they'd come back, tidy up and sought the place out,

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Speaker 4: because the whole complex is an absolute nightmare. You're hassled

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Speaker 4: by scammers the whole time. You're there, so much that

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Speaker 4: you forget what a special place you're at.

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Speaker 2: Yeah no, no, no, that's fine for now.

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Speaker 16: No no, no, no, I'll go.

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Speaker 2: His review has attracted ten million views, and that's before

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Speaker 2: we get to the business. What that underground city you're

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Speaker 2: following that story, the massive underground city hundreds of meters

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Speaker 2: below the soil that was apparently built thousands of years ago.

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Speaker 2: By the way, just quickly on Korea, yet another Korean update,

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Speaker 2: the appeals court has reversed a lower court ruling that

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Speaker 2: found the opposition leader, Guy called Legemung, not guilty of

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Speaker 2: violating election law. He was handed a one year sentence

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Speaker 2: suspended for a couple of years. If that had stood,

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Speaker 2: he would not have been able to run for president.

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Speaker 2: So they've overturned that. And that is completely separate what

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Speaker 2: I told you yesterday about the president of the Prime Minister,

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Speaker 2: which is also convoluted. And that's before I even get

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Speaker 2: to Thailand and the vote of confidence and Japan and

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Speaker 2: the movies, all of which I'll try and get to

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Speaker 2: after the news.

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Speaker 1: The Mike hos Game, we've been safefold, Ben Gaging and

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Speaker 1: Vital the Mic Hosking Breakfast with Veda, Retirement Communities, Life

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Speaker 1: Your Way News, togs Head.

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Speaker 2: B Arectormus leavit at the White House in a couple

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Speaker 2: of moments to speak, by the way, holding a press

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Speaker 2: conference at nine o'clock this morning. Meantime back home at

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Speaker 2: twenty three minutes away from seven Joe's in Italy two.

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Speaker 2: In a moment, popes back Homers, I'm sure you're well

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Speaker 2: aware upon Terra. So they're on the road this week

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Speaker 2: to talk to the stakeholders about the sale. It's consumer brands.

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Speaker 2: It's either a trade sailor and IPO. If it sells,

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Speaker 2: it involves names like Anchor and Mainland. Of course, as

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Speaker 2: I mentioned earlier, comes off the back of the golden

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Speaker 2: days and these big payarts for farmers. The Fontier boss,

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Speaker 2: Myles hurls back with us, good morning.

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Speaker 7: Good morning.

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Speaker 2: You make on very broad issues. You must be congratulated.

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Speaker 2: Does it feel at the moment as good as it looks?

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Speaker 7: Yeah, it doesn't mean. We're out on farm this week

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Speaker 7: right across the country, both senior management and the board

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Speaker 7: and out talking to farmers and you know that they

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Speaker 7: recognize where we have come from and to be standing

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Speaker 7: out there talking about their results for the six months.

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Speaker 7: It does feel good. So yeah, good to be acknowledged

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Speaker 7: in that way for across our team.

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Speaker 2: And with the forecast two seasons, two good seasons coming

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Speaker 2: and that's unusual. Is there anything weird out there that's

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Speaker 2: happening or is this these just golden days?

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Speaker 7: Well, well, certainly nothing that hasn't been communicated already. I mean,

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Speaker 7: you see that some of the geopolitics at play and

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Speaker 7: what's going on in Ukraine and Gaza or An everywhere

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Speaker 7: else around the world, and so these things are worrias

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Speaker 7: are on the back of our minds. Is a city today,

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Speaker 7: Supply demand is in pretty good shape, and so we

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Speaker 7: take that in terms of the forecast we have for

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Speaker 7: the season ahead. But we also need to be mindful

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Speaker 7: and our farmers have been through this business a number

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Speaker 7: of years and we'll be watching it closely at the

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Speaker 7: same time we do right.

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Speaker 2: So to the consumer side of the equation, how exercised

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Speaker 2: and energized? Is this discussion among you a lot?

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Speaker 7: Yes, there's a lot of clarification questions that are coming

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Speaker 7: from the floor, as you'd expect. I mean, it is

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Speaker 7: a big decision that ultimately our farms will make. So yeah,

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Speaker 7: a lot, a lot of conversation, but it's really around

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Speaker 7: the why. Let to understand the why and what does

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Speaker 7: the cop look like into the future. So that's where

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Speaker 7: the vast majority of questions are coming from. It's been

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Speaker 7: a good conversation.

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Speaker 2: Are you having to change minds?

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Speaker 7: No, not generally. I think people are walking in with

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Speaker 7: just that that those questions around. You know where we

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Speaker 7: going as a cooperative? We know we've come from. It's

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Speaker 7: pretty clear we're in a pretty good space as we

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Speaker 7: stand here. But what does the future look like. So

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Speaker 7: a lot of conversations around that, but but not not

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Speaker 7: not not changing minds per Sae, but just as clarification.

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Speaker 2: Why don't you see a future of the consumer side

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Speaker 2: of the equation.

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Speaker 7: We're like any good business and it starts with a

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Speaker 7: good strategy, know and where you are good at and

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Speaker 7: the returns for many years act you an ingredients business

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Speaker 7: have been stellar right across the board. We have some

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Speaker 7: ups and downs on the way that buy and large

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Speaker 7: returns are very good. Food service of the past of

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Speaker 7: the five, six, seven years have done very very well,

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Speaker 7: and we continue to see growth in that in that business.

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Speaker 7: When you look at the consumer business and I heard

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Speaker 7: your opening this morning, one hundred and seventy three million

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Speaker 7: at a headline level looks okay. But what people lose

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Speaker 7: sight of it's three point four billion dollars of a

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Speaker 7: farmer's capital tied up in that business. And so that

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Speaker 7: the effectively roads value day by day because is not

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Speaker 7: getting a return on capital that our farmers have ultimately

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Speaker 7: are seeking. So we can invest that business that cash

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Speaker 7: back into consut into ingredients, back into food service, where

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Speaker 7: we believe you get higher returns.

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Speaker 2: Given that you're a good company, Why can't you do

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Speaker 2: what you would assume somebody else would do if they

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Speaker 2: bought it off you.

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Speaker 7: Yeah, and look, you go to the supermarket here in

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Speaker 7: New Zealand and we have a very good presence. You

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Speaker 7: look at the chillis space here and even on the

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Speaker 7: dry shelf, we have a very good presence. But it's

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Speaker 7: sort of misunderstood that you get the international market, we

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Speaker 7: don't have that sort of presence. You know, we have

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Speaker 7: very strong category control in certain areas, but they're quite

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Speaker 7: narrow categories. So if we wanted to really go in

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Speaker 7: as scale and actually look at sort of spreading costs

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Speaker 7: across a wider business, you'd probably need to go beyond theiry.

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Speaker 7: You probably need to go a lot beyond New Zealandairy.

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Speaker 7: You'd probably need to start thinking about confectionery and maybe

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Speaker 7: chocolate and potentially back into ice cream to start to

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Speaker 7: become a real consumer goods company in those markets. And

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Speaker 7: we truly believe that's not part of her expertise. We've

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Speaker 7: been year before we tried to get into some businesses

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Speaker 7: that were outside of our expertise in international markets, and

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Speaker 7: it took a number of years to try and turn

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Speaker 7: that around. So you know, focusing on what you're good at,

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Speaker 7: looking at the cash, can you recycle and the things

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Speaker 7: you're good at, and we truly believe in those ingredients

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Speaker 7: and food service, which is you know, by far better

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Speaker 7: returning businesses over the long term. That for us is

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Speaker 7: about value add and so that's where we're going to go.

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Speaker 2: And not just potentially a sale, but how you sell

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Speaker 2: IPO or trade. Is that angsty as well.

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Speaker 7: Or not not angsty? But again, you know they want

438
00:19:29,000 --> 00:19:30,840
Speaker 7: they want in clarity now which way we're going, but

439
00:19:31,119 --> 00:19:33,520
Speaker 7: from ours, we need to try both those channels and

440
00:19:33,560 --> 00:19:36,080
Speaker 7: see where the best returns come from. So yeah, we're

441
00:19:36,080 --> 00:19:39,080
Speaker 7: going hard on that and we'd expect some update in the

442
00:19:39,080 --> 00:19:41,240
Speaker 7: next few months out to our shareholders. But you're going

443
00:19:41,280 --> 00:19:44,320
Speaker 7: hard on both those avenues. Both are very expensive to operate,

444
00:19:45,000 --> 00:19:46,360
Speaker 7: but at the same time we think it's the right

445
00:19:46,359 --> 00:19:46,719
Speaker 7: thing to do.

446
00:19:47,000 --> 00:19:50,280
Speaker 2: Is there any value you're placing as a company and

447
00:19:50,320 --> 00:19:53,440
Speaker 2: the IPO side of the equation about patriotism New Zealanders

448
00:19:53,480 --> 00:19:55,639
Speaker 2: participating any of that or you're just looking for the dollar.

449
00:19:56,440 --> 00:19:59,560
Speaker 7: No, certainly it does come into play. But at the

450
00:19:59,600 --> 00:20:01,640
Speaker 7: same time, there has been a question from the floor around,

451
00:20:01,680 --> 00:20:03,960
Speaker 7: you know, social license and all that sort of sort

452
00:20:04,000 --> 00:20:06,240
Speaker 7: of thing. But you know it's no secret. And again

453
00:20:06,280 --> 00:20:08,040
Speaker 7: you mentioned in your opening, you know, the team have

454
00:20:08,080 --> 00:20:10,600
Speaker 7: done a pretty good job in getting New Zealand to

455
00:20:11,080 --> 00:20:13,359
Speaker 7: where we are economically. We've done our fearsue of lifting

456
00:20:13,400 --> 00:20:16,480
Speaker 7: as farmers, and so when it comes to you know,

457
00:20:16,520 --> 00:20:18,879
Speaker 7: do we have a social license? I mean, it's not

458
00:20:18,920 --> 00:20:21,159
Speaker 7: the questions I get in the weekends, most of they

459
00:20:21,160 --> 00:20:24,080
Speaker 7: go to the price of butter and things that are

460
00:20:24,080 --> 00:20:25,040
Speaker 7: outside of our control.

461
00:20:25,160 --> 00:20:26,120
Speaker 14: So you know, I'd.

462
00:20:25,960 --> 00:20:28,440
Speaker 7: Challenge it a bit. Our farmers haven't really had the

463
00:20:28,480 --> 00:20:30,280
Speaker 7: recognition for what they do here in New Zealand.

464
00:20:30,840 --> 00:20:33,440
Speaker 2: Really is there an education? But just on the butter

465
00:20:33,600 --> 00:20:36,439
Speaker 2: got me going, Can you honestly tell me that most

466
00:20:36,480 --> 00:20:38,480
Speaker 2: people don't understand why they're paying too much for butter

467
00:20:38,520 --> 00:20:40,679
Speaker 2: as much as they hate paying too much. I mean,

468
00:20:40,720 --> 00:20:43,760
Speaker 2: there's a reason for it, and a good one, yeah.

469
00:20:43,600 --> 00:20:46,200
Speaker 7: There is. And we're dictated pretty much by the international market,

470
00:20:46,240 --> 00:20:47,679
Speaker 7: and then the retailers of News and them will sit

471
00:20:47,720 --> 00:20:49,280
Speaker 7: their own prices. And clearly there's a bit in there

472
00:20:49,280 --> 00:20:52,479
Speaker 7: for us in terms of efficiency and manufacturing costs and

473
00:20:52,600 --> 00:20:56,320
Speaker 7: margins and those things. But you know, it is misunderstood clearly,

474
00:20:56,359 --> 00:20:58,360
Speaker 7: but you know, at the same time it's very hard

475
00:20:58,359 --> 00:21:02,159
Speaker 7: to explain in a twenty second crossover. So you know,

476
00:21:02,400 --> 00:21:04,520
Speaker 7: we try a best but it's a non easy conversation.

477
00:21:04,560 --> 00:21:05,080
Speaker 7: It's for sure.

478
00:21:05,200 --> 00:21:06,720
Speaker 2: When are we going to know whether you flick it

479
00:21:06,720 --> 00:21:07,520
Speaker 2: and how you flick it?

480
00:21:08,640 --> 00:21:10,399
Speaker 7: Yeah, So the market guidance we've got out there at

481
00:21:10,400 --> 00:21:12,480
Speaker 7: the moment, which we said in May last year we'd

482
00:21:12,520 --> 00:21:14,639
Speaker 7: be twelve to eighteen month program and so you know

483
00:21:14,640 --> 00:21:16,360
Speaker 7: we're still sticking to that and so but the team

484
00:21:16,400 --> 00:21:18,760
Speaker 7: are running hard. We've got we've just had the non

485
00:21:18,760 --> 00:21:22,359
Speaker 7: deal road shows throughout Asia, Asia, Pacuffolk that they've just concluded,

486
00:21:22,880 --> 00:21:25,240
Speaker 7: and then we're expecting some non binding offers to come

487
00:21:25,240 --> 00:21:27,520
Speaker 7: through on the trade sale side of things over the

488
00:21:27,520 --> 00:21:29,440
Speaker 7: next month or so. So you know, sitting with the

489
00:21:29,480 --> 00:21:31,440
Speaker 7: next few months, we'll be going to have some clarity

490
00:21:31,440 --> 00:21:33,360
Speaker 7: and then the real week start.

491
00:21:33,440 --> 00:21:37,040
Speaker 2: Thanks all right, appreciate your time, Marrels, Miles Hurrible Fontira

492
00:21:37,119 --> 00:21:39,640
Speaker 2: CEO and just quickly, the Fed Farmers a note yesterday

493
00:21:39,640 --> 00:21:42,200
Speaker 2: that they're on board with the government's roma reform announced

494
00:21:42,240 --> 00:21:43,920
Speaker 2: this week. Christ Bishop with us by the way. Later

495
00:21:43,960 --> 00:21:45,960
Speaker 2: on in the program, difficult to get things done. The

496
00:21:45,960 --> 00:21:48,600
Speaker 2: red tape and box sticking has become totally ridiculous. Reforms

497
00:21:48,680 --> 00:21:50,679
Speaker 2: are on the right track, and so say all of

498
00:21:50,760 --> 00:21:51,920
Speaker 2: us seventeen too.

499
00:21:53,800 --> 00:21:57,840
Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeart Radio

500
00:21:58,040 --> 00:21:59,160
Speaker 1: cow it by News Talks.

501
00:21:59,200 --> 00:22:03,360
Speaker 2: It be a question for you. Are you an active relaxer?

502
00:22:03,600 --> 00:22:06,000
Speaker 2: And if you are, a New A Island is for you.

503
00:22:06,040 --> 00:22:08,399
Speaker 2: It's an authentic Pacific experience where things are you know,

504
00:22:08,680 --> 00:22:11,760
Speaker 2: basically the way life used to be. No traffic, no que, safe, warm.

505
00:22:11,920 --> 00:22:15,159
Speaker 2: You'll experience plenty of experiences of lifetime on a daily basis.

506
00:22:15,200 --> 00:22:18,520
Speaker 2: You can relax, you can walk, you can explore the

507
00:22:18,600 --> 00:22:21,200
Speaker 2: multitude of tracks that take you to secret caves and

508
00:22:21,280 --> 00:22:23,119
Speaker 2: chasms and pools. You can swim with the whales and

509
00:22:23,160 --> 00:22:24,680
Speaker 2: the dolphins. You can snorkel, you can dive in the

510
00:22:24,720 --> 00:22:27,520
Speaker 2: clearest waters in the Pacific. If you're into fishing, New

511
00:22:27,520 --> 00:22:29,600
Speaker 2: A's got your covered. Matt Watson goes to New A

512
00:22:29,720 --> 00:22:32,600
Speaker 2: loves New A. So the entire island basically is your resort.

513
00:22:32,640 --> 00:22:35,000
Speaker 2: You'll feel that you've met the whole island by the

514
00:22:35,000 --> 00:22:37,280
Speaker 2: time you leave your arrive as a visitor, and you'll

515
00:22:37,320 --> 00:22:39,440
Speaker 2: leave as a friend. So your island paradise isn't even

516
00:22:39,480 --> 00:22:42,280
Speaker 2: that far away. You'll be flying there direct from Auckland

517
00:22:42,359 --> 00:22:45,359
Speaker 2: in just over three hours. New Ayiland dot com is

518
00:22:45,400 --> 00:22:47,679
Speaker 2: where you're looking. Or see your travel agent obviously and

519
00:22:47,680 --> 00:22:50,879
Speaker 2: get yourself to new A But New Ailand dot.

520
00:22:50,600 --> 00:22:55,000
Speaker 16: Com International correspondence with Ends and Eye Insurance Peace of

521
00:22:55,040 --> 00:22:57,280
Speaker 16: mind for New Zealand business, we go, Joe.

522
00:22:57,240 --> 00:23:00,960
Speaker 2: Morning, good money man, jeez side. It was to see

523
00:23:01,000 --> 00:23:03,000
Speaker 2: him on the balcony the other day and the flowers

524
00:23:03,000 --> 00:23:04,720
Speaker 2: and he waved and he gave the thumbs up and

525
00:23:04,720 --> 00:23:06,800
Speaker 2: he jumped in the little feet and then he stopped.

526
00:23:06,800 --> 00:23:08,960
Speaker 2: It was just just brilliant, isn't it. I take it

527
00:23:09,000 --> 00:23:10,000
Speaker 2: everyone Italy's thrilled.

528
00:23:11,560 --> 00:23:14,480
Speaker 8: Well, it was a very strange experience. I'm sure you'll agree,

529
00:23:14,520 --> 00:23:16,879
Speaker 8: and especially when he took a detour to visit his

530
00:23:16,960 --> 00:23:20,000
Speaker 8: favorite church in Rome before going inside the Vatican. They're

531
00:23:20,040 --> 00:23:23,680
Speaker 8: saying he's quite exhausted now, not surprisingly, and I don't

532
00:23:23,680 --> 00:23:25,240
Speaker 8: think we're going to see him for a while.

533
00:23:26,119 --> 00:23:28,919
Speaker 2: So what's the prognosis. Do we still get the daily

534
00:23:29,080 --> 00:23:30,159
Speaker 2: ish updates or not.

535
00:23:31,119 --> 00:23:35,200
Speaker 8: We're not getting as many updates now every couple of days,

536
00:23:35,320 --> 00:23:38,200
Speaker 8: but it's very generic, and they're saying that he's continuing

537
00:23:38,200 --> 00:23:42,520
Speaker 8: his therapy and he's seeing a minimal amount of people

538
00:23:42,560 --> 00:23:46,199
Speaker 8: inside the Vatican. I think he's pretty much confined to

539
00:23:46,240 --> 00:23:48,760
Speaker 8: his room and as you probably saw from those images,

540
00:23:48,800 --> 00:23:52,560
Speaker 8: he's still moving around with a nasal tube of oxygen

541
00:23:52,800 --> 00:23:53,600
Speaker 8: up his nose. There.

542
00:23:53,800 --> 00:23:56,760
Speaker 2: Exactly interesting. How did this just happen recently? It was

543
00:23:56,800 --> 00:23:59,400
Speaker 2: just two days agos waxing Lyrica bout Charles and Camilla

544
00:23:59,400 --> 00:24:00,920
Speaker 2: and they were going and it was still on and

545
00:24:00,920 --> 00:24:01,920
Speaker 2: stuff that's now off.

546
00:24:02,800 --> 00:24:05,760
Speaker 8: Yeah, I think that's another indication of him not doing

547
00:24:05,800 --> 00:24:08,760
Speaker 8: well enough to see visitors, and they're concerned about exposure

548
00:24:08,800 --> 00:24:11,240
Speaker 8: to infection, so they really want to keep him away

549
00:24:11,240 --> 00:24:12,520
Speaker 8: from meeting anyone at all.

550
00:24:12,800 --> 00:24:15,040
Speaker 2: Okay, talk to me about this. This has happened asmart

551
00:24:15,080 --> 00:24:16,560
Speaker 2: as I can work out in the last couple of hours.

552
00:24:16,600 --> 00:24:19,080
Speaker 2: So Italy has handed this text demand to Meta and

553
00:24:19,240 --> 00:24:22,000
Speaker 2: X and LinkedIn and all that. So it's a vat claim.

554
00:24:22,560 --> 00:24:25,919
Speaker 2: Has this come out of nowhere? Do they represent all

555
00:24:25,960 --> 00:24:29,760
Speaker 2: of Europe or just Italy? And what are these Meta

556
00:24:29,800 --> 00:24:30,679
Speaker 2: and Co Going to do with it?

557
00:24:31,760 --> 00:24:34,440
Speaker 8: Well, from what I'm seeing, this is a decision that's

558
00:24:34,480 --> 00:24:38,199
Speaker 8: come been coming for a while. These tax demands affect

559
00:24:38,280 --> 00:24:45,680
Speaker 8: Meta X and LinkedIn an unprecedented VAT claim. It seems

560
00:24:45,720 --> 00:24:49,160
Speaker 8: too it could have repercussions across the European Union. I'm

561
00:24:49,160 --> 00:24:52,000
Speaker 8: only seeing Italy at the moment, and I think this

562
00:24:52,040 --> 00:24:56,160
Speaker 8: is incredibly risky, Mike, because Italy has been negotiating with

563
00:24:56,720 --> 00:25:01,000
Speaker 8: Elon Musk, with SpaceX, the possibility of, you know, a

564
00:25:01,080 --> 00:25:05,040
Speaker 8: billion dollar a billion euro deal to do a deal

565
00:25:05,080 --> 00:25:07,960
Speaker 8: with the entrepreneur, and also in the light of the

566
00:25:08,000 --> 00:25:11,879
Speaker 8: possibility of Trump tariffs exactly, this seems incredibly provocative.

567
00:25:11,960 --> 00:25:13,840
Speaker 2: Yeah, I would have thought so too. Speaking of which,

568
00:25:14,080 --> 00:25:16,840
Speaker 2: Maloney is off to another one of these gab fists tomorrow.

569
00:25:16,880 --> 00:25:19,159
Speaker 2: So where are you guys sitting on peacekeeping forces? What

570
00:25:19,200 --> 00:25:20,919
Speaker 2: do we know about the peace deal? Are you in?

571
00:25:21,040 --> 00:25:22,200
Speaker 2: Are you not? Where are we at?

572
00:25:23,119 --> 00:25:25,040
Speaker 8: Well, you know, she's making all the right noises, but

573
00:25:25,080 --> 00:25:27,960
Speaker 8: as we've said before, she's straddling this sort of situation

574
00:25:28,040 --> 00:25:30,560
Speaker 8: where she wants to be friends with Donald Trump and

575
00:25:30,680 --> 00:25:35,040
Speaker 8: yet be part of this coalition in Europe. They Italy

576
00:25:35,040 --> 00:25:40,359
Speaker 8: as opposed to participation in a peacekeeping force, but she

577
00:25:40,480 --> 00:25:44,800
Speaker 8: wants obviously wants peace in Ukraine as well, So she's struggling,

578
00:25:44,800 --> 00:25:47,280
Speaker 8: I think to keep her status as a major EU

579
00:25:47,400 --> 00:25:48,800
Speaker 8: powerbroker at this point.

580
00:25:49,359 --> 00:25:53,960
Speaker 2: And how is this this cockup on social media going

581
00:25:54,000 --> 00:25:56,240
Speaker 2: down in Europe in terms of bailing you guys out

582
00:25:56,280 --> 00:25:58,160
Speaker 2: and you're all a bunch of losers and the Americans

583
00:25:58,160 --> 00:25:59,920
Speaker 2: hate you anyway, I mean, how's that gone down?

584
00:26:00,800 --> 00:26:04,680
Speaker 8: Well, I'm surprised that the Foreign Minister Antonio Taiani actually

585
00:26:04,880 --> 00:26:08,040
Speaker 8: hit back very strongly at the Vice President Jed Evans,

586
00:26:08,640 --> 00:26:12,920
Speaker 8: particularly regarding the merchant vessels in that area of the world,

587
00:26:13,000 --> 00:26:15,879
Speaker 8: in the Middle East, in the Red Sea, saying, you know,

588
00:26:16,000 --> 00:26:18,159
Speaker 8: we're not being bound out by the US. We have

589
00:26:18,320 --> 00:26:21,280
Speaker 8: our own ships in that region and you don't really

590
00:26:21,280 --> 00:26:22,200
Speaker 8: know what you're talking about.

591
00:26:22,440 --> 00:26:24,639
Speaker 2: Interesting, all right, Joe ketchup nickslus I appreciate it as

592
00:26:24,680 --> 00:26:26,640
Speaker 2: a wis jem McKenna in Europe. Back to the White

593
00:26:26,680 --> 00:26:28,240
Speaker 2: House where Miss Libbittt's going for it.

594
00:26:28,480 --> 00:26:32,080
Speaker 15: There's arguably no one in the media who loves manufacturing

595
00:26:32,119 --> 00:26:36,560
Speaker 15: and pushing hoaxes more than Jeffrey Goldberg. Goldberg is an

596
00:26:36,600 --> 00:26:40,920
Speaker 15: anti Trump hater. He is a registered Democrat. Goldberg's wife

597
00:26:41,080 --> 00:26:44,119
Speaker 15: is also a registered Democrat and a big Democrat donor

598
00:26:44,320 --> 00:26:46,960
Speaker 15: who used to work under who Hillary Clinton.

599
00:26:47,520 --> 00:26:48,520
Speaker 3: This is the same.

600
00:26:48,400 --> 00:26:52,040
Speaker 15: Jeffrey Goldberg who infamously lied about weapons of mass destruction

601
00:26:52,160 --> 00:26:54,880
Speaker 15: to get us into the Iraq War, which costs trillions

602
00:26:54,920 --> 00:26:57,120
Speaker 15: of dollars and thousands of American soldiers.

603
00:26:58,720 --> 00:27:01,800
Speaker 2: Just let me read you one of the messages from

604
00:27:01,920 --> 00:27:05,600
Speaker 2: hig Seth. Were they war plans or not? They said

605
00:27:05,640 --> 00:27:09,200
Speaker 2: yesterday no war plans message sent eleven forty four am

606
00:27:09,240 --> 00:27:14,720
Speaker 2: Eastern Time. Whether it's favorable just confirmed w slash sent

607
00:27:14,800 --> 00:27:20,000
Speaker 2: com we are go for mission launch. Sounds relatively secret

608
00:27:20,000 --> 00:27:23,199
Speaker 2: to me. Sounds like a war plan. Call me old fashion,

609
00:27:23,320 --> 00:27:26,360
Speaker 2: but that sounds like a war plan. Nine away from seven.

610
00:27:26,600 --> 00:27:30,680
Speaker 1: The Mike Hosking breakfast with al Vida Retirement Communities News

611
00:27:30,720 --> 00:27:31,440
Speaker 1: togs had been.

612
00:27:31,400 --> 00:27:34,320
Speaker 2: The fascinating report. Yesterday. The Pope was so ill. The

613
00:27:34,400 --> 00:27:36,920
Speaker 2: doctors were going, I don't think we can do anything more,

614
00:27:37,800 --> 00:27:41,399
Speaker 2: and he had delegated all of his health responsibilities to

615
00:27:41,480 --> 00:27:45,360
Speaker 2: a woman called Masamilianistra Petty, his personal health care assistant.

616
00:27:46,280 --> 00:27:47,560
Speaker 2: They said, what do you want to do? What would

617
00:27:47,600 --> 00:27:49,199
Speaker 2: the Pope want to do? And she goes try everything.

618
00:27:49,200 --> 00:27:51,280
Speaker 2: We won't give up, That's what we all thought. No

619
00:27:51,280 --> 00:27:53,560
Speaker 2: one gave up, so they were thinking about until she

620
00:27:53,600 --> 00:27:55,680
Speaker 2: came to the party. Mike, I haven't seen anything official

621
00:27:55,680 --> 00:27:58,199
Speaker 2: regarding liam But do you think the fact that they

622
00:27:58,280 --> 00:28:01,879
Speaker 2: haven't come out and said know that there's truth to it?

623
00:28:01,880 --> 00:28:02,040
Speaker 7: Oh?

624
00:28:02,040 --> 00:28:04,400
Speaker 2: That I know? There is no question there's truth to it.

625
00:28:04,960 --> 00:28:06,720
Speaker 2: Talk to a couple of people over night who would know,

626
00:28:06,960 --> 00:28:10,399
Speaker 2: and there is sadly no question that there is truth

627
00:28:10,520 --> 00:28:12,639
Speaker 2: to it. Mike. I think most people understand why. But

628
00:28:12,800 --> 00:28:15,159
Speaker 2: this goes back to Myles Hurrale costs so much, but

629
00:28:15,320 --> 00:28:17,840
Speaker 2: why should we have to pay an international price index

630
00:28:18,000 --> 00:28:20,200
Speaker 2: when produced in our own backyard? Anthony, I'm sorry you

631
00:28:20,240 --> 00:28:23,080
Speaker 2: had to ask that question. Who would you so? But's

632
00:28:23,119 --> 00:28:25,760
Speaker 2: nine bucks a block and you don't want to pay that?

633
00:28:26,440 --> 00:28:28,680
Speaker 2: Who's paying the difference? Do you want the government to

634
00:28:28,680 --> 00:28:29,479
Speaker 2: write that check to you?

635
00:28:29,520 --> 00:28:29,600
Speaker 11: So?

636
00:28:29,760 --> 00:28:31,720
Speaker 2: What should it be? Two dollars fifty and the government

637
00:28:31,760 --> 00:28:34,000
Speaker 2: pays the rest? Every other taxpayer pays. It's like the

638
00:28:34,000 --> 00:28:36,840
Speaker 2: car business with evs? Do you want other people to

639
00:28:36,840 --> 00:28:40,120
Speaker 2: pay for your basic groceries? When you grow and produce

640
00:28:40,160 --> 00:28:43,240
Speaker 2: stuff here and sell it on international markets, you pay

641
00:28:43,240 --> 00:28:45,520
Speaker 2: the international price far away from seven.

642
00:28:46,400 --> 00:28:47,960
Speaker 3: All the ins and the outs.

643
00:28:48,280 --> 00:28:52,400
Speaker 1: It's the fizz with business favor take your business productivity

644
00:28:52,440 --> 00:28:53,360
Speaker 1: to the next level.

645
00:28:53,440 --> 00:28:53,600
Speaker 17: Now.

646
00:28:53,720 --> 00:28:56,640
Speaker 2: Unfortunately, we got insight into our creative sector this morning.

647
00:28:56,720 --> 00:29:00,400
Speaker 2: It's not great arts, heritage, sport, broadcasting, all that sort

648
00:29:00,440 --> 00:29:02,240
Speaker 2: of stuff. The stats come to us from the Ministry

649
00:29:02,240 --> 00:29:05,120
Speaker 2: of Culture and Heritage. The sector contributed seventeen and a

650
00:29:05,200 --> 00:29:07,120
Speaker 2: half billion dollars to our economy in the year to

651
00:29:07,480 --> 00:29:09,320
Speaker 2: March of last year. So seventeen and a half billion.

652
00:29:09,320 --> 00:29:11,080
Speaker 2: That's a lot of money. It's not bad. It creates

653
00:29:11,080 --> 00:29:14,600
Speaker 2: to four point two percent of GDP. But sector employees

654
00:29:14,600 --> 00:29:16,520
Speaker 2: just to tick under one hundred and eighteen thousand, they

655
00:29:16,560 --> 00:29:18,800
Speaker 2: think there could be another eight thousand, seven hundred jobs

656
00:29:18,840 --> 00:29:21,360
Speaker 2: to be added by twenty thirty doll I suspect that's guesswork.

657
00:29:22,120 --> 00:29:26,040
Speaker 2: The media dragging things down a bit. Negative GDP growth

658
00:29:26,040 --> 00:29:28,680
Speaker 2: the media, good old media. Negative GDP growth one point

659
00:29:28,760 --> 00:29:31,760
Speaker 2: nine percent, and employment went down for fairly obvious reasons

660
00:29:31,920 --> 00:29:37,200
Speaker 2: by zero point nine percent. So ups and overs, unders

661
00:29:37,240 --> 00:29:38,880
Speaker 2: neighbors or whatever they say. Is that what they say,

662
00:29:38,960 --> 00:29:41,280
Speaker 2: unders and neighbors, good times and bads to won't be

663
00:29:41,360 --> 00:29:44,040
Speaker 2: around the time Rolling tone gathers, No moss, I don't

664
00:29:44,080 --> 00:29:46,920
Speaker 2: know a couple of laws to deal with another call

665
00:29:46,960 --> 00:29:49,920
Speaker 2: from another bank to sort out this capital setting review.

666
00:29:50,000 --> 00:29:52,560
Speaker 2: Will work you through all of that, Sir Bob Geldoff

667
00:29:52,640 --> 00:29:54,600
Speaker 2: in the studio after right for you as.

668
00:29:54,480 --> 00:30:00,680
Speaker 3: Well, news opinion and every in between.

669
00:30:01,000 --> 00:30:03,760
Speaker 1: The Mike Hosking break best with the range Rover, the

670
00:30:03,880 --> 00:30:07,040
Speaker 1: la designed to intrigue and use togs dead.

671
00:30:06,840 --> 00:30:09,240
Speaker 2: Be seven past seven to westpax wide into the capital

672
00:30:09,280 --> 00:30:11,960
Speaker 2: settings debate. In simple terms, Adrian or required banks to

673
00:30:11,960 --> 00:30:14,200
Speaker 2: put aside very large amounts of money for a rainy day.

674
00:30:14,240 --> 00:30:16,479
Speaker 2: The retail banks and the Finance Minister argue it's more

675
00:30:16,520 --> 00:30:18,480
Speaker 2: than they need and by doing that it costs a

676
00:30:18,480 --> 00:30:20,600
Speaker 2: lot more to do business in this country. Anyway, Massi

677
00:30:20,720 --> 00:30:23,840
Speaker 2: University banking expert Claire Matthews back with us clear, good

678
00:30:23,840 --> 00:30:27,120
Speaker 2: morning more Ndomike, this has a feel of it sort

679
00:30:27,120 --> 00:30:29,120
Speaker 2: of being sorted out by itself. I mean, Nicola will

680
00:30:29,120 --> 00:30:31,200
Speaker 2: as seems to be aligned with the retail banks. The

681
00:30:31,200 --> 00:30:33,320
Speaker 2: retail banks will agree with each other, Adrian, all is

682
00:30:33,320 --> 00:30:34,479
Speaker 2: gone as this is coming to an end.

683
00:30:34,680 --> 00:30:38,280
Speaker 6: Ish Well, I guess it just depends who the new

684
00:30:38,360 --> 00:30:41,560
Speaker 6: governor is and whether they share that same view. One

685
00:30:41,600 --> 00:30:44,880
Speaker 6: of the concerns I think there is is it seems

686
00:30:44,920 --> 00:30:49,120
Speaker 6: really logical based on the way the conversations going, that

687
00:30:49,200 --> 00:30:52,000
Speaker 6: capital level should reduce, and there is certainly an argument

688
00:30:52,080 --> 00:30:55,240
Speaker 6: that Adrian or in terms of the capital level that

689
00:30:55,240 --> 00:30:58,880
Speaker 6: he put it, it was potentially too high, But that

690
00:30:58,960 --> 00:31:01,520
Speaker 6: doesn't necessarily mean we should go back to exactly what

691
00:31:01,560 --> 00:31:04,160
Speaker 6: they were, and that maybe it was a somewhere in

692
00:31:04,200 --> 00:31:06,480
Speaker 6: between that we need to ender and there needs to

693
00:31:06,560 --> 00:31:10,520
Speaker 6: be that careful Abalyasis got to remember that capital is

694
00:31:10,520 --> 00:31:12,920
Speaker 6: there for a purpose. It's not just there because it

695
00:31:12,960 --> 00:31:15,920
Speaker 6: looks good. It's there to make the bank safer, and

696
00:31:15,960 --> 00:31:16,840
Speaker 6: we've got to make sure.

697
00:31:16,720 --> 00:31:17,760
Speaker 12: That they've got the right I manage give.

698
00:31:17,760 --> 00:31:19,600
Speaker 2: But it's like insuring yourself. Do you ensure yourself for

699
00:31:19,640 --> 00:31:21,560
Speaker 2: a million dollars or fifty million dollars? And that's what

700
00:31:21,600 --> 00:31:22,680
Speaker 2: it boils down to, wasn't it.

701
00:31:24,200 --> 00:31:26,800
Speaker 6: Well, yes, it's yes and no. We've got to remember

702
00:31:26,800 --> 00:31:28,480
Speaker 6: that when you're talking about the banks, you're talking about

703
00:31:28,520 --> 00:31:31,440
Speaker 6: everybody's money, and if a bank fails and there's not

704
00:31:31,600 --> 00:31:33,840
Speaker 6: enough money to pay run out, that would have a

705
00:31:33,920 --> 00:31:37,760
Speaker 6: huge impact on individuals personally, but also for the economy.

706
00:31:38,040 --> 00:31:39,960
Speaker 6: So we do need to be sure that the banks

707
00:31:39,960 --> 00:31:42,560
Speaker 6: have got enough capital to make sure that they are

708
00:31:42,600 --> 00:31:43,880
Speaker 6: able to operate effectively.

709
00:31:44,040 --> 00:31:46,160
Speaker 2: My argument has always been, and I'm as simple ton

710
00:31:46,200 --> 00:31:49,040
Speaker 2: I know, but nevertheless, we've seen the GFC, we've seen COVID,

711
00:31:49,120 --> 00:31:52,520
Speaker 2: and we've seen the banks and they literally bathe in money.

712
00:31:52,600 --> 00:31:54,200
Speaker 2: There's no chance they're going to fall over.

713
00:31:55,760 --> 00:31:59,600
Speaker 6: Oh that's a very dangerous thought to have banks. We've

714
00:31:59,640 --> 00:32:01,480
Speaker 6: been for in New Zealand that we have not had

715
00:32:01,480 --> 00:32:03,960
Speaker 6: a bank fail for some time, but we actually have

716
00:32:04,000 --> 00:32:06,479
Speaker 6: to go back to nineteen the early nineteen nineties when

717
00:32:06,520 --> 00:32:09,800
Speaker 6: the Baby Zellan did have significant problems and did have

718
00:32:09,920 --> 00:32:13,400
Speaker 6: to effectively be bail out. So it's not that long ago.

719
00:32:13,520 --> 00:32:16,120
Speaker 6: And if you look at the US banks have failed

720
00:32:16,200 --> 00:32:20,240
Speaker 6: more recently. Banks do fail, and just because they haven't

721
00:32:20,440 --> 00:32:21,840
Speaker 6: doesn't mean they're not going through this year.

722
00:32:22,520 --> 00:32:24,760
Speaker 2: What I am interested in at the moment is Nichola

723
00:32:24,800 --> 00:32:27,720
Speaker 2: willis sniffing around as Finance Minister. Can she do what

724
00:32:27,800 --> 00:32:31,200
Speaker 2: she seems to want to do while still allowing the

725
00:32:31,320 --> 00:32:32,640
Speaker 2: RB to remain independent?

726
00:32:35,480 --> 00:32:38,400
Speaker 6: But it's a really good question. Effectively, she can't give

727
00:32:38,640 --> 00:32:42,120
Speaker 6: any official ruling, she can't say this is what you

728
00:32:42,200 --> 00:32:46,040
Speaker 6: must do. But obviously she's got the ability to have

729
00:32:46,120 --> 00:32:49,280
Speaker 6: a significant input into the appointment of the new governor,

730
00:32:49,880 --> 00:32:52,480
Speaker 6: and is she going to recommend somebody who takes a

731
00:32:52,520 --> 00:32:55,959
Speaker 6: significantly different view from what she and the government are

732
00:32:56,000 --> 00:32:58,440
Speaker 6: looking at. So indirectly, yes.

733
00:32:58,400 --> 00:33:01,000
Speaker 2: She's likely to get what she was insight clear. Appreciate

734
00:33:01,000 --> 00:33:03,479
Speaker 2: your time, as always claim Matthews Messy University Banking ten

735
00:33:03,520 --> 00:33:06,760
Speaker 2: minutes past seven score you Law for Courts and Sentencing.

736
00:33:06,800 --> 00:33:09,560
Speaker 2: So the Sentencing Reform Amendment Bill that passed its third

737
00:33:09,600 --> 00:33:11,720
Speaker 2: reading yesterday, this is the one that kept the discount.

738
00:33:11,800 --> 00:33:15,400
Speaker 2: Judges can apply repeat discounts for showing remorse. That's gone.

739
00:33:15,680 --> 00:33:18,880
Speaker 2: Law Association VP. Juli Inking Cage back with this, Julian morning,

740
00:33:19,600 --> 00:33:22,360
Speaker 2: Good morning Mike. Now you submitted did they listen to you?

741
00:33:24,000 --> 00:33:26,440
Speaker 18: This is a wonderful example of demin action. I think

742
00:33:26,560 --> 00:33:27,959
Speaker 18: there are a lot of people who met it at

743
00:33:27,960 --> 00:33:31,000
Speaker 18: the slightly stage pressing very similar concerns, and they seem

744
00:33:31,040 --> 00:33:34,480
Speaker 18: to have been reflected in the changes that took place

745
00:33:34,600 --> 00:33:40,320
Speaker 18: after that select committee stage. One of the ideas was

746
00:33:40,360 --> 00:33:44,880
Speaker 18: this forty percent cap which was on all sentencing reductions,

747
00:33:44,880 --> 00:33:47,560
Speaker 18: which was an important part of that new act, and

748
00:33:47,600 --> 00:33:51,320
Speaker 18: that has been softened and it has been now allowing

749
00:33:51,400 --> 00:33:56,680
Speaker 18: four examples, specifically for examples where people provide information which

750
00:33:56,720 --> 00:34:01,400
Speaker 18: prevents further serious crime taking place, and that's seen as

751
00:34:01,400 --> 00:34:02,440
Speaker 18: a recognized exception.

752
00:34:02,640 --> 00:34:04,280
Speaker 2: Would you describe yourself as happy?

753
00:34:07,800 --> 00:34:10,520
Speaker 18: I think, and my concern is that we already have

754
00:34:10,600 --> 00:34:14,480
Speaker 18: an terribly high prison population in New Zealand, higher than

755
00:34:14,480 --> 00:34:17,480
Speaker 18: any of our comparable countries, at one hundred and eighty

756
00:34:17,480 --> 00:34:21,000
Speaker 18: seven people pair one hundred thousand. Our ramand space is

757
00:34:21,600 --> 00:34:24,640
Speaker 18: for women, sixty percent of people women in prison are

758
00:34:24,680 --> 00:34:29,279
Speaker 18: on remand our prisons are full. We have these new

759
00:34:29,400 --> 00:34:33,040
Speaker 18: things coming into play which are designed to make prison

760
00:34:33,080 --> 00:34:36,160
Speaker 18: sentences longer and people to be in prison longer, as

761
00:34:36,160 --> 00:34:38,480
Speaker 18: well as three strikes coming into play in the seventeenth

762
00:34:38,480 --> 00:34:41,200
Speaker 18: of June this year, and these will lead to an

763
00:34:41,200 --> 00:34:44,360
Speaker 18: increase in our prison population, which is already a breaking point.

764
00:34:44,520 --> 00:34:46,520
Speaker 2: Having said that, if you build more prisons, you solve

765
00:34:46,600 --> 00:34:49,160
Speaker 2: that problem and you appease the population. Who would argue

766
00:34:49,160 --> 00:34:51,399
Speaker 2: we want more people in jail, even though I'm sure

767
00:34:51,400 --> 00:34:52,400
Speaker 2: you would argue against that.

768
00:34:53,160 --> 00:34:55,200
Speaker 18: I understand that people say that, but you've got to

769
00:34:55,360 --> 00:34:57,920
Speaker 18: also understand it cost one hundred and fifty thousand dollars

770
00:34:57,960 --> 00:35:00,279
Speaker 18: about to keep a person in prison free year in

771
00:35:00,280 --> 00:35:02,719
Speaker 18: New Zealand. So that's ten more people in jail for

772
00:35:02,800 --> 00:35:05,840
Speaker 18: one year at each is one point five million, and

773
00:35:05,880 --> 00:35:09,800
Speaker 18: that would pay I'm sure for a palliative pediatric doctor

774
00:35:09,840 --> 00:35:10,600
Speaker 18: to come to New Zealand.

775
00:35:11,719 --> 00:35:13,520
Speaker 2: Last time I looked, there was one hundred thousand. So

776
00:35:13,560 --> 00:35:15,080
Speaker 2: there is inflation for you, it's gone up to one

777
00:35:15,160 --> 00:35:17,600
Speaker 2: hundred and fifty. What haven't they Well, I googled it

778
00:35:17,719 --> 00:35:18,120
Speaker 2: last side.

779
00:35:18,120 --> 00:35:21,960
Speaker 18: It's very difficult to give an actual figure because it

780
00:35:22,080 --> 00:35:26,279
Speaker 18: depends on the security risk of someone in prison. Someone

781
00:35:26,320 --> 00:35:28,279
Speaker 18: who's high security, it costs a lot more to keep

782
00:35:28,320 --> 00:35:31,080
Speaker 18: them than someone who's low security. So that's why there's

783
00:35:31,080 --> 00:35:31,560
Speaker 18: always going to.

784
00:35:31,560 --> 00:35:32,000
Speaker 9: Be a variance.

785
00:35:32,160 --> 00:35:34,399
Speaker 2: Forget the politics for a moment. If you want to

786
00:35:34,719 --> 00:35:37,840
Speaker 2: put people in jail longer, does this law.

787
00:35:37,800 --> 00:35:41,400
Speaker 3: Do that, it'll help.

788
00:35:41,480 --> 00:35:45,279
Speaker 18: And it does focus a lot on recidivist offending. So

789
00:35:45,840 --> 00:35:48,160
Speaker 18: where there's where they once didn't want anyone to have

790
00:35:48,200 --> 00:35:51,400
Speaker 18: a reduction for youth and remorse, what they're saying is

791
00:35:51,719 --> 00:35:55,080
Speaker 18: they don't want that being a repeated mitigating factor. And

792
00:35:55,160 --> 00:35:59,120
Speaker 18: so those are points which I think people can understand.

793
00:35:59,160 --> 00:36:02,360
Speaker 18: Why can expressed on the government's trying to act on it.

794
00:36:02,480 --> 00:36:05,160
Speaker 2: Julian, always appreciate your company, Julian Kincaid, who's the Law

795
00:36:05,200 --> 00:36:08,399
Speaker 2: Association VP with us this morning, it's thirteen minutes past seven,

796
00:36:08,760 --> 00:36:12,319
Speaker 2: asking heik sith has in Hawaii at the moment he's

797
00:36:12,320 --> 00:36:14,680
Speaker 2: come out, and he said, it's all my fault. I

798
00:36:14,719 --> 00:36:17,359
Speaker 2: didn't know what I was doing. I'm dreadfully sorry. I'm

799
00:36:17,360 --> 00:36:18,560
Speaker 2: an incompetent. I quit.

800
00:36:19,239 --> 00:36:20,960
Speaker 12: Nobody's texting war plans?

801
00:36:21,920 --> 00:36:25,800
Speaker 11: Well, I noticed this morning, how came something that doesn't

802
00:36:25,800 --> 00:36:29,160
Speaker 11: look like war plans? And as a matter of fact,

803
00:36:29,239 --> 00:36:31,000
Speaker 11: they even changed the title to attack.

804
00:36:30,800 --> 00:36:33,600
Speaker 12: Plans because they know it's not war plans.

805
00:36:34,239 --> 00:36:40,240
Speaker 19: There's no units, no locations, no routes, no flight paths,

806
00:36:40,760 --> 00:36:44,840
Speaker 19: no sources, no methods, no classified information.

807
00:36:45,120 --> 00:36:46,480
Speaker 12: You know who sees war plans?

808
00:36:47,040 --> 00:36:50,160
Speaker 11: I see them every single day.

809
00:36:50,239 --> 00:36:51,520
Speaker 12: I looked at him this morning.

810
00:36:52,880 --> 00:36:56,839
Speaker 2: Whether it's favorable, just confirmed w scent com we go

811
00:36:56,960 --> 00:37:02,000
Speaker 2: for mission launch. What a bunch lies? I suppose their

812
00:37:02,440 --> 00:37:06,560
Speaker 2: plan is that if they say it long enough, thick

813
00:37:06,600 --> 00:37:08,560
Speaker 2: people will believe them. He's only doing his job.

814
00:37:08,719 --> 00:37:11,680
Speaker 11: My job, as it said at top of that, everybody's

815
00:37:11,680 --> 00:37:16,600
Speaker 11: seen it now, Team Update, is to provide updates in

816
00:37:16,680 --> 00:37:20,680
Speaker 11: real time, general updates in real time, keep everybody in form.

817
00:37:21,040 --> 00:37:23,880
Speaker 12: That's what I did that's my job.

818
00:37:24,080 --> 00:37:30,240
Speaker 1: He is the like Asking Breakfast Full Show podcast on iHeartRadio.

819
00:37:30,480 --> 00:37:31,840
Speaker 3: Howard By News Talks.

820
00:37:31,560 --> 00:37:34,279
Speaker 2: At B also got a new drug test in laws

821
00:37:34,280 --> 00:37:36,720
Speaker 2: passed yesterday, so we'll talk to Chris Bishop about that shortly.

822
00:37:36,719 --> 00:37:38,960
Speaker 2: Bob Geldoff with us in the studio after eight seventeen

823
00:37:39,000 --> 00:37:41,080
Speaker 2: past seven. So it seems Liam Lawson's time in Red

824
00:37:41,080 --> 00:37:44,440
Speaker 2: Bull is over. Still nothing official this morning, but multiple

825
00:37:44,440 --> 00:37:47,520
Speaker 2: reports have laws in racing balls for Japan next weekend

826
00:37:47,960 --> 00:37:50,880
Speaker 2: while Sonoda gets the main seat. Formula One journalist Chris Midlands, Well,

827
00:37:50,880 --> 00:37:55,000
Speaker 2: there's Chris morning to you. I'm very well indo two

828
00:37:55,160 --> 00:37:57,840
Speaker 2: races to be dump shows. There must be panic in

829
00:37:57,920 --> 00:37:59,719
Speaker 2: Red Bull. The stap and can't make it go as

830
00:37:59,760 --> 00:38:01,320
Speaker 2: fast as they want. They're not going to get the

831
00:38:01,320 --> 00:38:03,960
Speaker 2: constructors unless they get both cars moving. Would that be

832
00:38:04,000 --> 00:38:06,160
Speaker 2: about what's driving the decision making.

833
00:38:07,400 --> 00:38:08,000
Speaker 3: A little bit?

834
00:38:08,080 --> 00:38:10,680
Speaker 5: I think so yeah. I think they've probably seen that

835
00:38:10,719 --> 00:38:13,640
Speaker 5: Liam struggling so much and someone who is a young

836
00:38:13,719 --> 00:38:16,319
Speaker 5: driver so inexperienced, he only had eleven races under his

837
00:38:16,320 --> 00:38:18,799
Speaker 5: belt before getting that seat. I think they've probably gone

838
00:38:18,840 --> 00:38:23,040
Speaker 5: okay before it becomes even irrepairable for him and hurts

839
00:38:23,040 --> 00:38:25,880
Speaker 5: his confidence too much. Let's make a change. And to

840
00:38:25,920 --> 00:38:28,400
Speaker 5: be honest, from my point of view, it's the decision

841
00:38:28,400 --> 00:38:30,120
Speaker 5: they should have taken over the winter, where they had

842
00:38:30,160 --> 00:38:33,239
Speaker 5: Yuki Sonoda, who's much more experienced, ready to go, and

843
00:38:33,520 --> 00:38:35,839
Speaker 5: he's the one you could almost risk going through something

844
00:38:35,880 --> 00:38:37,839
Speaker 5: like this with because he had nothing left to prove,

845
00:38:38,000 --> 00:38:39,640
Speaker 5: whereas Liam still had a lot of learning to do.

846
00:38:39,719 --> 00:38:43,600
Speaker 5: So it's a really tough call on Liam, but hopefully

847
00:38:43,680 --> 00:38:45,000
Speaker 5: it gives them a chance to go into a car

848
00:38:45,040 --> 00:38:47,359
Speaker 5: that he knows well, where he an environment's performed well

849
00:38:47,400 --> 00:38:49,000
Speaker 5: in and he can rebuild from there.

850
00:38:49,239 --> 00:38:51,279
Speaker 2: What are they going to do if Sonoda can't make

851
00:38:51,360 --> 00:38:53,200
Speaker 2: the car work because the car is too difficult to

852
00:38:53,200 --> 00:38:53,640
Speaker 2: make work.

853
00:38:54,960 --> 00:38:56,319
Speaker 5: I wish I could give you the answer to that,

854
00:38:56,440 --> 00:38:59,160
Speaker 5: because the sensible question would be they look at themselves

855
00:38:59,200 --> 00:39:01,719
Speaker 5: finally and and go, okay, why is it that we

856
00:39:01,760 --> 00:39:04,239
Speaker 5: can't give two drivers a car that is that they

857
00:39:04,280 --> 00:39:07,320
Speaker 5: can drive well enough? Let's be honest, Matxa Stappan is

858
00:39:07,360 --> 00:39:09,480
Speaker 5: an incredible talent, and then what he's doing is papering

859
00:39:09,480 --> 00:39:11,600
Speaker 5: over the cracks and finding a way of driving that

860
00:39:11,640 --> 00:39:14,719
Speaker 5: car in a way that most people can't. And that's

861
00:39:14,719 --> 00:39:16,360
Speaker 5: no slight on any other driver on the grid. But

862
00:39:16,400 --> 00:39:18,960
Speaker 5: that's just the standard that mats of stappens at. But

863
00:39:19,040 --> 00:39:21,560
Speaker 5: Red Bull have had problems with the second car for

864
00:39:21,760 --> 00:39:24,880
Speaker 5: five six years now. Really, Sergio Perez was highly experienced,

865
00:39:24,920 --> 00:39:27,080
Speaker 5: a proven race winner, and it all went wrong for

866
00:39:27,160 --> 00:39:29,239
Speaker 5: him last year and then they thought the way to

867
00:39:29,280 --> 00:39:31,560
Speaker 5: fix that was to put in someone with little experience

868
00:39:32,200 --> 00:39:34,560
Speaker 5: and say, go on, you do a better job, with

869
00:39:34,880 --> 00:39:38,560
Speaker 5: very little opportunity to prove himselves. So it's always been

870
00:39:38,680 --> 00:39:41,120
Speaker 5: a source of frustration actually, the way that they've not

871
00:39:41,239 --> 00:39:43,200
Speaker 5: made it work for both drivers over the last five

872
00:39:43,280 --> 00:39:45,560
Speaker 5: or six years, and Red Bull seems to always blame

873
00:39:45,680 --> 00:39:50,160
Speaker 5: the driver. Hopefully if UK also struggles, it will finally

874
00:39:50,239 --> 00:39:52,560
Speaker 5: mean that someone goes, Okay, this is not the driver's fault.

875
00:39:52,600 --> 00:39:53,960
Speaker 5: We need to change something ourselves.

876
00:39:54,160 --> 00:39:55,799
Speaker 2: You I'm sure you've heard, but do you can you

877
00:39:55,840 --> 00:39:58,319
Speaker 2: confirm the ten million thing from Honda? And is that

878
00:39:58,600 --> 00:40:00,279
Speaker 2: I mean, that's if one hasn't it that end of

879
00:40:00,280 --> 00:40:01,160
Speaker 2: the DILB. But is it true.

880
00:40:02,680 --> 00:40:04,160
Speaker 5: I'm not aware of that's true or not, to be

881
00:40:04,160 --> 00:40:06,640
Speaker 5: honest with you, and I'd actually be sort of surprised

882
00:40:06,680 --> 00:40:07,279
Speaker 5: if it was.

883
00:40:07,800 --> 00:40:08,960
Speaker 2: It could go that way.

884
00:40:09,000 --> 00:40:10,840
Speaker 5: But Honda leaving Red Bull at the end of the season,

885
00:40:10,840 --> 00:40:13,880
Speaker 5: they're going to be partnering with Aston Martin. That relationship

886
00:40:13,960 --> 00:40:15,960
Speaker 5: was actually a bit sour I think a couple of

887
00:40:16,000 --> 00:40:18,760
Speaker 5: years ago because Honda originally pulled out. Red Bulls started

888
00:40:18,760 --> 00:40:21,120
Speaker 5: making their own engine as a result because Honda were leaving,

889
00:40:21,320 --> 00:40:24,399
Speaker 5: and then when the regulations changed for engines for next year,

890
00:40:24,600 --> 00:40:27,360
Speaker 5: Honda decided on the new ownership or new leadership that

891
00:40:27,360 --> 00:40:29,160
Speaker 5: they wanted to come back in and it kind of

892
00:40:29,200 --> 00:40:32,239
Speaker 5: dropped Red Bull in it. So that wasn't a particularly

893
00:40:32,480 --> 00:40:34,799
Speaker 5: harmonious relationship anymore, and I think that's one of the

894
00:40:34,800 --> 00:40:37,960
Speaker 5: reasons Sonoda wasn't getting a chance. But now I think

895
00:40:38,000 --> 00:40:40,920
Speaker 5: they have seen, okay, like Lim's really struggling here. Do

896
00:40:41,000 --> 00:40:43,120
Speaker 5: we drag it out for a long time and kind

897
00:40:43,120 --> 00:40:45,560
Speaker 5: of see if he turns it around, but at what cost?

898
00:40:46,360 --> 00:40:48,160
Speaker 5: Or do we go with the more experienced driver we

899
00:40:48,200 --> 00:40:50,879
Speaker 5: have in our books right now and as you say,

900
00:40:50,880 --> 00:40:53,200
Speaker 5: the timing works for him as a Japanese driver going

901
00:40:53,239 --> 00:40:55,520
Speaker 5: in ahead of the Japanese Grand Prix and see if

902
00:40:55,520 --> 00:40:58,239
Speaker 5: he does better. I still feel they should have made

903
00:40:58,239 --> 00:40:59,520
Speaker 5: that call at the start of the season. Then it

904
00:40:59,520 --> 00:41:02,000
Speaker 5: would have been far less damaging for everybody involved, but

905
00:41:02,480 --> 00:41:03,160
Speaker 5: here we are now.

906
00:41:03,360 --> 00:41:05,080
Speaker 2: Great to have you on the program. Chris, We'll talk again,

907
00:41:05,160 --> 00:41:07,200
Speaker 2: Chris Midle and Formula one journalists. More on Liam in

908
00:41:07,239 --> 00:41:11,000
Speaker 2: a Moment seven twenty.

909
00:41:11,640 --> 00:41:16,279
Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio cow

910
00:41:16,360 --> 00:41:17,560
Speaker 1: It by News Talk Zippy.

911
00:41:19,719 --> 00:41:21,320
Speaker 2: You know a rain driver when you see one. You

912
00:41:21,440 --> 00:41:24,040
Speaker 2: got that roof, you got that waistline, unmistakable rain drover.

913
00:41:24,080 --> 00:41:26,480
Speaker 2: The rain driver evoke just doesn't look the part. It's

914
00:41:26,480 --> 00:41:28,640
Speaker 2: got forty five years of rain drover DNA running through

915
00:41:28,680 --> 00:41:31,440
Speaker 2: its veins. Plug in hybrid these days. I mean, this

916
00:41:31,520 --> 00:41:34,600
Speaker 2: is not some halfway compromise. This is sixty one k's

917
00:41:35,080 --> 00:41:39,240
Speaker 2: of proper electric range. That's real world usable DC rapid

918
00:41:39,320 --> 00:41:41,200
Speaker 2: charging that works of truths. I don't worry about that,

919
00:41:41,280 --> 00:41:44,760
Speaker 2: So step inside the ebug. Sumptuous interior discovered the convenience

920
00:41:44,760 --> 00:41:46,799
Speaker 2: of the comprehensive sweeter features. What they got where they've

921
00:41:46,800 --> 00:41:49,160
Speaker 2: got three D surround camera with the ground view ground

922
00:41:49,239 --> 00:41:51,200
Speaker 2: views brilliant makes sure, I mean, you can actually see

923
00:41:51,200 --> 00:41:53,640
Speaker 2: what you're doing when you're parking. Are the rearview mirror

924
00:41:53,680 --> 00:41:55,480
Speaker 2: that gives you the vision without the passenger's heads in

925
00:41:55,520 --> 00:41:57,680
Speaker 2: the way. That's clever. Got the equality in the cabin

926
00:41:57,760 --> 00:42:02,240
Speaker 2: electronically controlled. You've got the Meridian sounds, which is absolutely brilliant.

927
00:42:02,480 --> 00:42:04,000
Speaker 2: The best news of all you buy the rain driver

928
00:42:04,120 --> 00:42:05,759
Speaker 2: evoked before the end of March, so you haven't got

929
00:42:05,800 --> 00:42:08,240
Speaker 2: many days left think about this. Move on it March

930
00:42:08,280 --> 00:42:12,400
Speaker 2: thirty one. They'll include that f NEX home charger comp lamentary,

931
00:42:12,880 --> 00:42:15,680
Speaker 2: So visit your local retailer today. Charge into the future

932
00:42:15,680 --> 00:42:20,600
Speaker 2: with the fabulous rain Drover evoke fasking seventy four. Problem

933
00:42:20,640 --> 00:42:23,520
Speaker 2: with this Red Bull Liam Lawson thing is several fold.

934
00:42:23,640 --> 00:42:25,799
Speaker 2: One the most egregious part, obviously, as I mentioned a

935
00:42:25,800 --> 00:42:28,000
Speaker 2: moment ago, is these reports that hond is offering another

936
00:42:28,040 --> 00:42:30,160
Speaker 2: ten million to get their Mansonoda in the seat. I

937
00:42:30,200 --> 00:42:32,759
Speaker 2: appreciate what Chris says, it isn't new though they've offered

938
00:42:32,760 --> 00:42:34,880
Speaker 2: the ten million previously, and we know that to be true.

939
00:42:35,080 --> 00:42:38,120
Speaker 2: Two next weekend would be the first track Liam's actually

940
00:42:38,200 --> 00:42:39,440
Speaker 2: driven on previously.

941
00:42:39,920 --> 00:42:40,759
Speaker 3: Red Bull would have.

942
00:42:40,800 --> 00:42:43,480
Speaker 2: Known that when they hired him to have two races

943
00:42:43,480 --> 00:42:46,480
Speaker 2: on unknown tracks. That's tough. Three they hang in with

944
00:42:46,560 --> 00:42:49,040
Speaker 2: other drivers who struggled a lot longer than two races,

945
00:42:49,040 --> 00:42:52,080
Speaker 2: so suddenly the harshness has reached a new level and

946
00:42:52,120 --> 00:42:55,440
Speaker 2: probably reflects an internal level of panic given the performance

947
00:42:55,480 --> 00:42:58,200
Speaker 2: of the other teams. And four they know Liam can

948
00:42:58,239 --> 00:43:00,360
Speaker 2: actually drive the car. They saw it, they yest to

949
00:43:00,400 --> 00:43:03,719
Speaker 2: them he can do it, so they're not guessing. They

950
00:43:03,719 --> 00:43:05,560
Speaker 2: took a punt on him, but not a blind punt.

951
00:43:05,800 --> 00:43:07,799
Speaker 2: So you then have to look at the damage you're

952
00:43:07,840 --> 00:43:10,040
Speaker 2: doing to a young driver and his confidence. I mean, yes,

953
00:43:10,080 --> 00:43:12,120
Speaker 2: he's still an F one. Yes, the Racing Bulls are

954
00:43:12,160 --> 00:43:15,319
Speaker 2: improving on what they did last year, but he will

955
00:43:15,320 --> 00:43:17,560
Speaker 2: think about it this way. He will never win, mainly

956
00:43:17,560 --> 00:43:19,680
Speaker 2: because Racing Bulls is a feeder team to Red Bull,

957
00:43:19,840 --> 00:43:22,319
Speaker 2: so they're not allowed to win. Red Bull also carry

958
00:43:22,320 --> 00:43:24,600
Speaker 2: responsibility for building a cart that doesn't work. I mean,

959
00:43:24,640 --> 00:43:27,640
Speaker 2: even as was mentioned a moment ago, even Maxwstappan, who

960
00:43:27,760 --> 00:43:31,440
Speaker 2: was the driver of his generation, is having trouble. So

961
00:43:31,560 --> 00:43:34,400
Speaker 2: Liam goes to a midfield team to do what hopefully

962
00:43:34,400 --> 00:43:36,920
Speaker 2: perform well, to then be lured away. I would hope

963
00:43:37,080 --> 00:43:40,080
Speaker 2: to somebody who can offer the prospect of better returns

964
00:43:40,320 --> 00:43:43,480
Speaker 2: as exciting as living an F one. Dreamers turning up

965
00:43:43,520 --> 00:43:45,879
Speaker 2: every weekend to come thirteenth can't be that much fun.

966
00:43:45,920 --> 00:43:48,279
Speaker 2: After a while, the cutthroat part, though, I mean, I

967
00:43:48,320 --> 00:43:51,760
Speaker 2: suppose you can argue that's life. The good thing about

968
00:43:51,760 --> 00:43:54,520
Speaker 2: motor racing is they've been in it since they were kids.

969
00:43:54,920 --> 00:43:57,880
Speaker 2: They've been schooled in winning and losing, in victory and failure.

970
00:43:58,280 --> 00:44:01,240
Speaker 2: Liam's had helmet Marco and his ear forever. It's a tough,

971
00:44:01,320 --> 00:44:04,880
Speaker 2: unforgiving business. But that's the keyword business. They aren't in

972
00:44:04,920 --> 00:44:06,759
Speaker 2: it because they like you. They are in it to

973
00:44:06,880 --> 00:44:09,240
Speaker 2: use your talent for as long as you are useful.

974
00:44:09,719 --> 00:44:12,040
Speaker 2: The reward is if you're good, you get rich and

975
00:44:12,120 --> 00:44:14,760
Speaker 2: famous and collect trophies and buy a place in Monaco

976
00:44:14,800 --> 00:44:17,200
Speaker 2: and live your dream. If you're okay, you drive an

977
00:44:17,320 --> 00:44:20,120
Speaker 2: LP or sober, travel the world, get moderately wealthy. It

978
00:44:20,160 --> 00:44:22,160
Speaker 2: ain't over, of course, but your heart goes out, doesn't

979
00:44:22,160 --> 00:44:25,960
Speaker 2: it to a bloke who was that close and seems

980
00:44:26,280 --> 00:44:29,280
Speaker 2: sadly to be on the end of some very poor management,

981
00:44:29,719 --> 00:44:34,880
Speaker 2: some ruthless ethics, and the cold reality of elite sports.

982
00:44:35,160 --> 00:44:36,960
Speaker 2: Even gun to stein Er, I knowe this morning is

983
00:44:37,000 --> 00:44:39,480
Speaker 2: saying give him Japan. And that's if there's anything that

984
00:44:39,520 --> 00:44:41,160
Speaker 2: surprised me out of this. I mean not to give

985
00:44:41,200 --> 00:44:44,480
Speaker 2: him Japan. The track he knows is you know, how

986
00:44:44,520 --> 00:44:47,200
Speaker 2: do you explain it, Mike. Everyone's cutthroat, but what red

987
00:44:47,200 --> 00:44:50,080
Speaker 2: Bull has done is is nothing sort of abysmal shows.

988
00:44:50,120 --> 00:44:52,640
Speaker 2: Red Bull's management is a mess and heads need to roll.

989
00:44:52,640 --> 00:44:55,080
Speaker 2: There's probably something in that as well, because Adrian Newey,

990
00:44:55,080 --> 00:44:56,759
Speaker 2: if you know the name, he's gone to Aston Martin

991
00:44:56,800 --> 00:44:59,000
Speaker 2: and that'll come to fruition next year and all the

992
00:44:59,040 --> 00:45:01,840
Speaker 2: regulations in the car changed, and so as an organization

993
00:45:01,920 --> 00:45:05,320
Speaker 2: as a business, they're not performing particularly well at the moment.

994
00:45:05,360 --> 00:45:07,799
Speaker 2: But you know that's beyond his control. It's the luck

995
00:45:07,840 --> 00:45:10,560
Speaker 2: of the draw. There's only twenty drivers, there's only ten teams,

996
00:45:11,400 --> 00:45:14,760
Speaker 2: and so very few ever get to participate. Now, Chris Bishop,

997
00:45:14,960 --> 00:45:17,120
Speaker 2: the business of drug testing is this a matrix? Is

998
00:45:17,120 --> 00:45:19,440
Speaker 2: going to change the way the roads operate in this country.

999
00:45:19,480 --> 00:45:21,439
Speaker 2: We'll ask him about that. Got some very good news

1000
00:45:21,440 --> 00:45:24,239
Speaker 2: from Hart this morning to Devil Into and Sir Bob

1001
00:45:24,280 --> 00:45:27,239
Speaker 2: Geldoff in the studio for you after eight o'clock. News

1002
00:45:27,320 --> 00:45:27,640
Speaker 2: is next.

1003
00:45:28,400 --> 00:45:31,920
Speaker 3: It's New Zealand's home for trusted news and views.

1004
00:45:32,200 --> 00:45:36,440
Speaker 1: The Mic Hosking Breakfast with Bailey's Real Estate Altogether Better

1005
00:45:36,480 --> 00:45:39,120
Speaker 1: across residential, commercial and rural news.

1006
00:45:39,120 --> 00:45:40,680
Speaker 2: Togs Head b No one of the things just need

1007
00:45:40,680 --> 00:45:42,480
Speaker 2: to tell you about if you missed them in japan court,

1008
00:45:42,760 --> 00:45:44,879
Speaker 2: the Japanese court yesterday, I told you. The Japanese court

1009
00:45:44,960 --> 00:45:51,919
Speaker 2: yesterday released that bloke, our longest death row inmate, paid

1010
00:45:51,960 --> 00:45:54,080
Speaker 2: them one and a half million dollars in compensation. Yesterday.

1011
00:45:54,080 --> 00:45:57,640
Speaker 2: Also they basically told the Moonies that they've got to dissolve.

1012
00:45:58,000 --> 00:46:00,080
Speaker 2: This goes back to Abe. You might remember that. But

1013
00:46:00,520 --> 00:46:02,200
Speaker 2: he was killed and there was a person that was

1014
00:46:02,200 --> 00:46:03,920
Speaker 2: a link to the church, and the Japanese government had

1015
00:46:03,960 --> 00:46:07,520
Speaker 2: been all over since The Education Culture Ministry sought the

1016
00:46:07,719 --> 00:46:12,200
Speaker 2: church's dissolution, accused her of manipulating followers into making huge donations, etc.

1017
00:46:12,520 --> 00:46:18,160
Speaker 2: So they're getting unwound. Meantime, in Thailand, thereafter Shinawatra, who's

1018
00:46:18,480 --> 00:46:20,880
Speaker 2: currently the Prime minister, and there's been a lot of

1019
00:46:20,920 --> 00:46:24,200
Speaker 2: Shinawatra's running the place over the years. There suggestion is

1020
00:46:24,280 --> 00:46:26,600
Speaker 2: she doesn't have a clue what's going on or how

1021
00:46:26,640 --> 00:46:30,919
Speaker 2: to run the country. But because she's called Shinawatra, she's

1022
00:46:31,080 --> 00:46:33,120
Speaker 2: sort of got the job and is asking your father

1023
00:46:33,160 --> 00:46:34,800
Speaker 2: how to run the place. So they had a no

1024
00:46:34,880 --> 00:46:37,680
Speaker 2: confidence right yesterday they lost at the opposition party lost it.

1025
00:46:38,200 --> 00:46:40,279
Speaker 2: So she remains in charge. A lot of feedback on

1026
00:46:40,360 --> 00:46:42,439
Speaker 2: Liam seemed to be eleven teams. Mike, who knows Liam

1027
00:46:42,440 --> 00:46:44,319
Speaker 2: may be wanted by Andred? Yeah, well, I mean he's

1028
00:46:44,320 --> 00:46:45,799
Speaker 2: a good driver. You may well end up who knows

1029
00:46:45,800 --> 00:46:47,920
Speaker 2: where he ends up. He may well stay for the

1030
00:46:47,960 --> 00:46:49,480
Speaker 2: rest of his career. He's got a good career. He's

1031
00:46:49,520 --> 00:46:51,839
Speaker 2: good for ten years at least, if not more. He'll

1032
00:46:51,880 --> 00:46:53,719
Speaker 2: develop as a driver. He may well stay at Racing

1033
00:46:53,719 --> 00:46:55,680
Speaker 2: Balls for ten years. But I mean, my main point

1034
00:46:55,760 --> 00:46:57,040
Speaker 2: is that once you're in there, you want to be

1035
00:46:57,120 --> 00:46:58,680
Speaker 2: for the right team. You want to be at Ferrari,

1036
00:46:58,719 --> 00:47:01,279
Speaker 2: you want to be at McLaren. You probably eventually want

1037
00:47:01,280 --> 00:47:02,600
Speaker 2: to be at Aston, or you want to be in

1038
00:47:02,640 --> 00:47:04,280
Speaker 2: Red Bull. You don't want to be at Racing Balls

1039
00:47:04,320 --> 00:47:06,839
Speaker 2: or sourbur or any of those other teams. Mike, if

1040
00:47:06,880 --> 00:47:09,959
Speaker 2: our butter and I'm surprised I still get asked this question.

1041
00:47:10,040 --> 00:47:12,719
Speaker 2: If our butter is based on international price, how come

1042
00:47:12,760 --> 00:47:14,880
Speaker 2: people in Saudi Arabia pay around a dollar too New

1043
00:47:15,000 --> 00:47:17,400
Speaker 2: Zealand for a letter of ninety one petrol. They produce

1044
00:47:17,480 --> 00:47:19,440
Speaker 2: the oil but don't pay the international price. The answer

1045
00:47:19,440 --> 00:47:22,239
Speaker 2: is really simple. The government pays the difference I mean,

1046
00:47:22,280 --> 00:47:24,279
Speaker 2: this is not hard to understand. So the cost of

1047
00:47:24,320 --> 00:47:26,480
Speaker 2: a product is the cost of a product. Say it

1048
00:47:26,480 --> 00:47:28,239
Speaker 2: cost your buck to make it, right, you sell it

1049
00:47:28,239 --> 00:47:30,800
Speaker 2: for a buck into the marketplace. If you want locals

1050
00:47:30,840 --> 00:47:33,680
Speaker 2: to pay less than a dollar, somebody else has to

1051
00:47:33,719 --> 00:47:36,600
Speaker 2: pay the difference. So in Saudi Arabia, the Saudi Arabian

1052
00:47:36,600 --> 00:47:39,160
Speaker 2: government pays the difference. It's as simple as that. We

1053
00:47:39,560 --> 00:47:41,759
Speaker 2: could sell butter in this country for three cents if

1054
00:47:41,760 --> 00:47:45,520
Speaker 2: we wanted, but somebody would be paying the nine dollars

1055
00:47:45,600 --> 00:47:48,000
Speaker 2: ninety seven difference, and that would be the tax payer,

1056
00:47:48,040 --> 00:47:50,560
Speaker 2: all the government. Because a cost of a product is

1057
00:47:50,600 --> 00:47:52,359
Speaker 2: a cost of a product. When he went away from

1058
00:47:52,360 --> 00:47:56,600
Speaker 2: eight key, it's above the old oft is in the

1059
00:47:56,600 --> 00:47:58,719
Speaker 2: studio up to late A Klotchman, twenty years since we

1060
00:47:58,800 --> 00:48:01,200
Speaker 2: last chatted. He won't remember it, any of it, but

1061
00:48:01,880 --> 00:48:04,360
Speaker 2: I do, well. I did yesterday after a Google it,

1062
00:48:04,440 --> 00:48:06,200
Speaker 2: and I mean, how long has we been since? How

1063
00:48:06,200 --> 00:48:08,160
Speaker 2: long since I last saw's? But he was here in

1064
00:48:08,200 --> 00:48:09,880
Speaker 2: two thousand and sixy two thousand and seven, aways back

1065
00:48:09,880 --> 00:48:12,839
Speaker 2: in the country. Roadside drug testing has been passed into law.

1066
00:48:12,880 --> 00:48:14,600
Speaker 2: That was the other law that got through its third

1067
00:48:14,600 --> 00:48:17,320
Speaker 2: reading yesterday. Police we'll be able to undertake random roadsides

1068
00:48:17,360 --> 00:48:19,800
Speaker 2: the labar tests. Of course, there were a few concerns

1069
00:48:19,840 --> 00:48:23,720
Speaker 2: around the people on the ADHD anxiety, whatever sort of medicines.

1070
00:48:23,960 --> 00:48:26,800
Speaker 2: Transport Minister Chris Bishop with this morning, good morning, this

1071
00:48:27,000 --> 00:48:29,960
Speaker 2: drug driving. The level of difference you would expected to make.

1072
00:48:30,120 --> 00:48:32,200
Speaker 2: Is this a game changer or just another tool in

1073
00:48:32,239 --> 00:48:32,920
Speaker 2: the toolbox.

1074
00:48:34,120 --> 00:48:35,799
Speaker 20: Well, it's a tool on this toolbox and I hope

1075
00:48:35,800 --> 00:48:37,719
Speaker 20: it will make a difference over time. The police are

1076
00:48:37,760 --> 00:48:41,080
Speaker 20: going to do about fifty thousand oral roadside fluorid drug

1077
00:48:41,120 --> 00:48:43,279
Speaker 20: tests per year. They've funded to do that and we've

1078
00:48:43,280 --> 00:48:46,000
Speaker 20: instructed them to do that. It's another tool in the toolbox.

1079
00:48:46,000 --> 00:48:48,560
Speaker 20: About thirty percent of deaths and serious injuries on our

1080
00:48:48,640 --> 00:48:52,040
Speaker 20: roads are connected to drug use. It's actually quite a

1081
00:48:52,120 --> 00:48:54,040
Speaker 20: high number when you think about it, and you know,

1082
00:48:54,040 --> 00:48:56,120
Speaker 20: when you take a step back and you say, well,

1083
00:48:56,160 --> 00:48:58,839
Speaker 20: we've had thirty years of blood alcohol testing, breath testing

1084
00:48:58,840 --> 00:49:01,479
Speaker 20: which people are pretty familiar but controversial when it first

1085
00:49:01,480 --> 00:49:03,239
Speaker 20: came in, but it's hard to imagine the roads without

1086
00:49:03,280 --> 00:49:05,080
Speaker 20: it now. I think we'll look back in five to

1087
00:49:05,160 --> 00:49:07,160
Speaker 20: ten years and say, you know what, it was pretty

1088
00:49:07,160 --> 00:49:09,799
Speaker 20: crazy that for a long time you could get high,

1089
00:49:09,920 --> 00:49:11,839
Speaker 20: get behind the wheel and you could never get caught

1090
00:49:11,840 --> 00:49:13,000
Speaker 20: and there was no punishment for it.

1091
00:49:13,120 --> 00:49:14,719
Speaker 2: Yeah, I agree with that, But at most of the

1092
00:49:14,760 --> 00:49:16,920
Speaker 2: problems of the cannas you talk of, are they drugs

1093
00:49:16,960 --> 00:49:19,040
Speaker 2: and drink related? In other words, if you get the drink,

1094
00:49:19,040 --> 00:49:21,920
Speaker 2: you'll get the drugs, or do people exclusively take drugs

1095
00:49:21,920 --> 00:49:22,479
Speaker 2: and go drive.

1096
00:49:23,480 --> 00:49:26,440
Speaker 20: All the figures I've got are that drugs and alcohol

1097
00:49:26,520 --> 00:49:29,840
Speaker 20: are are combined the number one cause of death and

1098
00:49:29,840 --> 00:49:32,759
Speaker 20: serious injuries, and drugs are a big part of that.

1099
00:49:33,640 --> 00:49:36,440
Speaker 20: And you know we're time to take action. Parliament's had

1100
00:49:36,440 --> 00:49:38,760
Speaker 20: three goes at this over the years, you know, Julie

1101
00:49:38,920 --> 00:49:41,600
Speaker 20: Jinto trides do it nashtrite and we think we've got

1102
00:49:41,640 --> 00:49:42,239
Speaker 20: it right now.

1103
00:49:42,520 --> 00:49:46,279
Speaker 2: The prescription drug aspect of it, people on ADHD or that,

1104
00:49:47,000 --> 00:49:49,120
Speaker 2: do you wait that, do you give that some credence

1105
00:49:49,200 --> 00:49:49,360
Speaker 2: or not?

1106
00:49:50,400 --> 00:49:52,600
Speaker 21: That The tests won't pack up for that stuff.

1107
00:49:53,600 --> 00:49:59,279
Speaker 20: So it's testing for things like cocaine, ecstasy, marijuana, And

1108
00:49:59,320 --> 00:50:01,759
Speaker 20: they've got some pretty sophisticated tests out there that other

1109
00:50:01,800 --> 00:50:04,440
Speaker 20: jurisdictions use that we're hoping to use here where you

1110
00:50:04,480 --> 00:50:07,799
Speaker 20: pick that stuff up and you know it would have

1111
00:50:07,800 --> 00:50:11,399
Speaker 20: two tests at the roadside and you know, then if

1112
00:50:12,000 --> 00:50:16,239
Speaker 20: there's two tests that you fail, then you will be

1113
00:50:16,280 --> 00:50:17,840
Speaker 20: banned from driving for twelve hours.

1114
00:50:18,680 --> 00:50:21,399
Speaker 2: While I've got you this k road building that you're

1115
00:50:21,400 --> 00:50:23,560
Speaker 2: on about the other day, you are RMA reform. I

1116
00:50:23,600 --> 00:50:25,239
Speaker 2: note the Fed farmers behind it, which is good. But

1117
00:50:25,280 --> 00:50:28,520
Speaker 2: we have Hipkins on the program yesterday. I can't work

1118
00:50:28,600 --> 00:50:30,360
Speaker 2: him out. He sounds like he wants to cooperate, but

1119
00:50:30,360 --> 00:50:31,880
Speaker 2: I don't think he wants to cooperate. At the end

1120
00:50:31,920 --> 00:50:34,399
Speaker 2: of the day. Is cooperation going any wear hand on heart?

1121
00:50:34,400 --> 00:50:34,920
Speaker 2: Do you reckon?

1122
00:50:35,960 --> 00:50:36,160
Speaker 22: Yes?

1123
00:50:36,200 --> 00:50:36,520
Speaker 14: It is.

1124
00:50:36,640 --> 00:50:38,839
Speaker 20: I've written to Labor and the Greens and I've said

1125
00:50:38,840 --> 00:50:40,720
Speaker 20: lot in good faith, let's sit down and work together.

1126
00:50:41,160 --> 00:50:44,560
Speaker 20: Now we have election commitments around, you know, making it

1127
00:50:44,560 --> 00:50:46,360
Speaker 20: easier to farm, get well ins and out of farming.

1128
00:50:46,560 --> 00:50:48,480
Speaker 20: We're not going to compromise on those. But you know,

1129
00:50:48,800 --> 00:50:51,320
Speaker 20: RMA reforms big right. This devil is in the detail

1130
00:50:51,360 --> 00:50:54,160
Speaker 20: on this stuff, and I want to genuinely work with

1131
00:50:54,200 --> 00:50:56,399
Speaker 20: the opposition to get it right. It's an everyone's interest

1132
00:50:56,480 --> 00:50:59,960
Speaker 20: that we have a stable regulatory environment. And I reckon,

1133
00:51:00,080 --> 00:51:01,839
Speaker 20: And you know, when there's a weld as a way

1134
00:51:02,120 --> 00:51:03,960
Speaker 20: if we can get some stability on this stuff, it's

1135
00:51:04,000 --> 00:51:06,480
Speaker 20: really important. So I'm really determined to try because it's

1136
00:51:06,480 --> 00:51:07,360
Speaker 20: in the country's interest.

1137
00:51:07,560 --> 00:51:11,319
Speaker 2: Will you be the person that changed the direction of

1138
00:51:11,360 --> 00:51:13,879
Speaker 2: the country in terms of regulation so we never see

1139
00:51:13,920 --> 00:51:16,359
Speaker 2: a k road building like that rejected, or a wind

1140
00:51:16,400 --> 00:51:19,359
Speaker 2: farm in Southland rejected in a way that no one

1141
00:51:19,400 --> 00:51:20,360
Speaker 2: can truly explain.

1142
00:51:22,400 --> 00:51:23,520
Speaker 3: Mike, that is my aim.

1143
00:51:23,600 --> 00:51:26,680
Speaker 20: I wake up every morning determined to try and liberalize

1144
00:51:26,680 --> 00:51:29,359
Speaker 20: the planning laws in this country. It's totally insane where

1145
00:51:29,360 --> 00:51:31,600
Speaker 20: we've got to. It's too hard to build houses, too

1146
00:51:31,600 --> 00:51:34,440
Speaker 20: hard to build energy projects, too hard to actually get

1147
00:51:34,440 --> 00:51:37,000
Speaker 20: stuff built in this country. And the lot if I

1148
00:51:37,040 --> 00:51:40,920
Speaker 20: can end my time as in Parliament having fixed our

1149
00:51:40,920 --> 00:51:42,480
Speaker 20: planning laws so that we can actually get on and

1150
00:51:42,520 --> 00:51:44,799
Speaker 20: build stuff again, and I'll be a happy man.

1151
00:51:44,960 --> 00:51:46,920
Speaker 2: Here we go, all right, good on, you go well

1152
00:51:47,000 --> 00:51:50,879
Speaker 2: Chris Bushop the RMA but also Transport Minister of course.

1153
00:51:50,920 --> 00:51:55,360
Speaker 1: Seventeen to eight The Mike Hosking Breakfast Full Show podcast

1154
00:51:55,560 --> 00:51:57,960
Speaker 1: on iHeartRadio powered by News.

1155
00:51:57,719 --> 00:51:58,239
Speaker 14: Talks that be.

1156
00:52:00,040 --> 00:52:01,759
Speaker 2: Minutes away from It's going to very well at the

1157
00:52:01,760 --> 00:52:04,920
Speaker 2: Intel Select Committee on the Hill this morning. So this

1158
00:52:04,960 --> 00:52:08,720
Speaker 2: is Jimmy Gomes and he's asking Tulsey Gebbett, who seems

1159
00:52:08,760 --> 00:52:11,520
Speaker 2: to have been in the firing line for about two

1160
00:52:11,600 --> 00:52:15,239
Speaker 2: days now, probably feels like three weeks. John Retcliffe is there.

1161
00:52:15,280 --> 00:52:18,120
Speaker 2: Redcliff is the head of the CIA. The question is

1162
00:52:18,160 --> 00:52:21,759
Speaker 2: with a higg Seth who has form on this had

1163
00:52:21,800 --> 00:52:24,880
Speaker 2: been drinking when he takes to the wall plans her knowledge.

1164
00:52:24,920 --> 00:52:28,200
Speaker 23: Do you know whether Pete Hexat had been drinking before

1165
00:52:28,239 --> 00:52:29,680
Speaker 23: he leave classified information?

1166
00:52:31,440 --> 00:52:35,160
Speaker 10: I don't have any knowledge of Secretary Hegsath's personal habits.

1167
00:52:36,719 --> 00:52:42,840
Speaker 23: Director Radcliffe, same question, yes or no?

1168
00:52:43,040 --> 00:52:45,600
Speaker 24: You know no, I'm going to answer that. I think

1169
00:52:45,640 --> 00:52:48,040
Speaker 24: that's an offensive line of questioning. The answer is no.

1170
00:52:48,600 --> 00:52:50,840
Speaker 24: I find it interesting that you want to you know,

1171
00:52:50,920 --> 00:52:52,080
Speaker 24: I know I'm going to answer.

1172
00:52:52,600 --> 00:52:54,400
Speaker 12: You answer a question. Do you want to answer no?

1173
00:52:54,640 --> 00:52:56,680
Speaker 24: Listen, I don't want to focus on the good work

1174
00:52:56,719 --> 00:52:59,680
Speaker 24: that the CIA is doing, that the intelligence community.

1175
00:52:59,719 --> 00:52:59,959
Speaker 9: Correct.

1176
00:53:00,000 --> 00:53:02,480
Speaker 23: Sure, I want to reclaim my time, Director, I reclaim

1177
00:53:02,560 --> 00:53:07,280
Speaker 23: my time here. I have huge respect for the CIA,

1178
00:53:07,480 --> 00:53:08,720
Speaker 23: huge respect.

1179
00:53:08,320 --> 00:53:10,000
Speaker 2: For men and women in uniform.

1180
00:53:10,320 --> 00:53:12,400
Speaker 23: But this was a question that's on the top of

1181
00:53:12,560 --> 00:53:14,600
Speaker 23: minds of every American.

1182
00:53:15,080 --> 00:53:17,560
Speaker 2: So I went unanswered. But he did say, Reckcliffe that

1183
00:53:17,600 --> 00:53:21,000
Speaker 2: one of the participants he was on that chat that

1184
00:53:21,160 --> 00:53:25,759
Speaker 2: predecisional strike deliberation should be conducted through classified channels. So

1185
00:53:26,080 --> 00:53:29,560
Speaker 2: it's a remarkable thing that we're witnessing because you've got

1186
00:53:29,600 --> 00:53:32,120
Speaker 2: several problems. Problem number one, they were doing what they

1187
00:53:32,120 --> 00:53:35,640
Speaker 2: were doing anyway, and that was bad enough. Problem number two,

1188
00:53:36,120 --> 00:53:39,279
Speaker 2: they lied about it. Problem number three, when they lied

1189
00:53:39,280 --> 00:53:42,160
Speaker 2: about it and got busted, they then still run this

1190
00:53:42,239 --> 00:53:45,960
Speaker 2: line about how it's this poor SAPs problem at the Atlantic.

1191
00:53:46,440 --> 00:53:48,840
Speaker 2: Now let me ask you this question. Other issue is

1192
00:53:48,840 --> 00:53:51,360
Speaker 2: locally Dylan Walker, who you may or may not know

1193
00:53:51,440 --> 00:53:53,439
Speaker 2: as a warrior, who's not a warrior anymore. He played

1194
00:53:53,440 --> 00:53:54,960
Speaker 2: his last game last Friday and what was a very

1195
00:53:54,960 --> 00:53:57,880
Speaker 2: good win over the Sydney Roosters fourteen six. Anyway, Dylan's

1196
00:53:57,920 --> 00:54:00,680
Speaker 2: another one of these people who, on compassion, has been

1197
00:54:00,719 --> 00:54:02,120
Speaker 2: let go from the side. He wants to go home

1198
00:54:02,120 --> 00:54:04,759
Speaker 2: to Australia. So here's my question to you. And this

1199
00:54:04,800 --> 00:54:06,560
Speaker 2: was aidan former Blake, and we had the same problem

1200
00:54:06,640 --> 00:54:10,520
Speaker 2: last year. How many of these people sign contracts. We

1201
00:54:10,560 --> 00:54:12,760
Speaker 2: don't know what the grounds are. They are compassionate grounds.

1202
00:54:12,760 --> 00:54:14,920
Speaker 2: The warriors do the usual thing, and I suppose it's

1203
00:54:15,400 --> 00:54:17,200
Speaker 2: I can't work out whether it's the nice thing to

1204
00:54:17,239 --> 00:54:19,600
Speaker 2: do or whether it's the modern thing to do. He

1205
00:54:19,680 --> 00:54:22,799
Speaker 2: goes with our support and best wishes. He came to

1206
00:54:22,880 --> 00:54:25,560
Speaker 2: us from Manly. He's very good, kind of be nice

1207
00:54:25,600 --> 00:54:27,960
Speaker 2: if he stayed all that stuff. But here's the problem.

1208
00:54:28,239 --> 00:54:30,719
Speaker 2: When you're bringing these people in from Australia and I'm

1209
00:54:30,760 --> 00:54:33,440
Speaker 2: assuming it's family related. When you're bringing these people in

1210
00:54:33,480 --> 00:54:35,600
Speaker 2: from Australia and you're signing three year deals. I mean

1211
00:54:35,600 --> 00:54:37,120
Speaker 2: it's one thing to sign a one year deal. I

1212
00:54:37,120 --> 00:54:38,600
Speaker 2: get it and go, look, you know, I might have

1213
00:54:38,680 --> 00:54:42,160
Speaker 2: some kid problems or you know, alimony problems, or family problems,

1214
00:54:42,239 --> 00:54:44,319
Speaker 2: or illness problems or whatever, so let me sign for

1215
00:54:44,320 --> 00:54:46,000
Speaker 2: a year and we'll see how we go. But when

1216
00:54:46,040 --> 00:54:48,759
Speaker 2: you're signing a three year deal, you're making are you

1217
00:54:48,840 --> 00:54:52,080
Speaker 2: not a commitment to the side for a in this case,

1218
00:54:52,160 --> 00:54:55,839
Speaker 2: three year period of time? And as an adult you've

1219
00:54:55,840 --> 00:54:57,959
Speaker 2: got to own a bit of that and go yep.

1220
00:54:58,040 --> 00:55:00,400
Speaker 2: Things have changed for me across the Tasman. But I

1221
00:55:00,600 --> 00:55:02,160
Speaker 2: deal as a deal in Net's life or am I

1222
00:55:02,239 --> 00:55:04,239
Speaker 2: being because a lot of people go, we'll make them pay.

1223
00:55:04,360 --> 00:55:06,000
Speaker 2: But of course the counter from the warriors is you

1224
00:55:06,040 --> 00:55:08,120
Speaker 2: don't want somebody there that doesn't want to be there,

1225
00:55:08,640 --> 00:55:10,759
Speaker 2: sulking on the bench and not doing the right thing.

1226
00:55:10,840 --> 00:55:12,319
Speaker 2: So I don't answer them between a rock and a

1227
00:55:12,320 --> 00:55:15,600
Speaker 2: hard place, but clearly it's a problem for us and

1228
00:55:15,640 --> 00:55:18,240
Speaker 2: getting people from across the Tasman ten Away from eight.

1229
00:55:18,680 --> 00:55:22,439
Speaker 1: The Mic Hosking Breakfast with the Range Rover Villa News Togs,

1230
00:55:22,480 --> 00:55:23,000
Speaker 1: Dead Bees.

1231
00:55:22,880 --> 00:55:24,560
Speaker 2: Giving Away from It. Turns out it was a summer

1232
00:55:24,560 --> 00:55:26,759
Speaker 2: to remember for many growers of the cherry industry. The

1233
00:55:26,840 --> 00:55:29,799
Speaker 2: latest to break records. Five thousand tons were exported for

1234
00:55:29,800 --> 00:55:32,160
Speaker 2: the first time, smashed the twenty seventeen eighteen season out

1235
00:55:32,200 --> 00:55:34,239
Speaker 2: of the park by about eight hundred tons. Are the

1236
00:55:34,280 --> 00:55:36,560
Speaker 2: summer few. New Zealand CEO Dean Smith's with this. Dean,

1237
00:55:36,680 --> 00:55:37,440
Speaker 2: very good morning to you.

1238
00:55:38,160 --> 00:55:38,839
Speaker 22: Good morning Mike.

1239
00:55:39,000 --> 00:55:42,000
Speaker 2: Quality and quantity was the quality just as good as

1240
00:55:42,040 --> 00:55:42,560
Speaker 2: the quantity.

1241
00:55:43,560 --> 00:55:46,160
Speaker 22: Look the quality the export quality this year was strong

1242
00:55:46,280 --> 00:55:48,680
Speaker 22: and it needs to be. You know, we're a quite

1243
00:55:48,719 --> 00:55:51,160
Speaker 22: high quality product and so I guess to occupy that

1244
00:55:51,239 --> 00:55:53,080
Speaker 22: premium place in the market, that's what we need to

1245
00:55:53,120 --> 00:55:53,560
Speaker 22: be focused on.

1246
00:55:53,719 --> 00:55:54,840
Speaker 2: And we're getting good prices.

1247
00:55:56,000 --> 00:55:58,520
Speaker 22: Well, look, I guess you know, the top line numbers

1248
00:55:58,560 --> 00:56:00,279
Speaker 22: look favorable for the year, but we need to be

1249
00:56:00,520 --> 00:56:03,000
Speaker 22: we need to remember I suppose those numbers that have

1250
00:56:03,040 --> 00:56:05,840
Speaker 22: been floating around are based on the FOB value for

1251
00:56:05,960 --> 00:56:08,560
Speaker 22: customs purposes. I guess we're a little bit too soon

1252
00:56:08,600 --> 00:56:10,520
Speaker 22: to know. I guess just what the returns are going

1253
00:56:10,560 --> 00:56:13,160
Speaker 22: to look like for growers, But we're I guess cautiously optimistic.

1254
00:56:13,280 --> 00:56:15,759
Speaker 2: What's the bigger picture the markets we're in as their

1255
00:56:15,800 --> 00:56:18,000
Speaker 2: room for growth, is the room for new markets?

1256
00:56:19,080 --> 00:56:22,279
Speaker 22: Well? I think both absolutely both. I mean, if you

1257
00:56:22,320 --> 00:56:23,960
Speaker 22: look at the profile of the markets that we're in,

1258
00:56:24,040 --> 00:56:26,520
Speaker 22: Taiwana is actually the largest market for New Zealand cheries

1259
00:56:26,600 --> 00:56:29,759
Speaker 22: by a long way. We're obviously the second biggest market

1260
00:56:29,800 --> 00:56:33,160
Speaker 22: there being mainland China, which obviously is much larger market.

1261
00:56:33,320 --> 00:56:35,640
Speaker 22: So you know, that would suggest that there is significant

1262
00:56:35,640 --> 00:56:38,279
Speaker 22: potential there, but it's a very competitive marketplace like the

1263
00:56:38,800 --> 00:56:42,360
Speaker 22: Chilean's especially have really increased their production as well. So

1264
00:56:42,800 --> 00:56:43,799
Speaker 22: as I said earlier, we have.

1265
00:56:43,880 --> 00:56:45,600
Speaker 2: To be focused on quoth is it like wine? And

1266
00:56:45,680 --> 00:56:48,040
Speaker 2: do excuse my ignorance, the profile of the New Zealand

1267
00:56:48,120 --> 00:56:51,400
Speaker 2: cherry Do you compete with Chile on profile? Or is

1268
00:56:51,440 --> 00:56:52,239
Speaker 2: a cherry a chery?

1269
00:56:53,719 --> 00:56:53,839
Speaker 7: Oh?

1270
00:56:53,920 --> 00:56:55,960
Speaker 22: Look, cherry is not just a cherry. A cherry is

1271
00:56:55,960 --> 00:56:58,360
Speaker 22: about a number of things. It's about the obviously the

1272
00:56:58,440 --> 00:57:00,760
Speaker 22: taste and the profile of it, but it's also about

1273
00:57:00,920 --> 00:57:02,960
Speaker 22: the efficiency of our supply chains and how quickly we

1274
00:57:03,000 --> 00:57:04,759
Speaker 22: can get our product up there into market. And that's

1275
00:57:04,800 --> 00:57:06,920
Speaker 22: one of the hallmarks of the New Zealand cherry as well.

1276
00:57:06,960 --> 00:57:10,520
Speaker 22: It's fresh and it's got lovely purity and it's just

1277
00:57:10,560 --> 00:57:11,640
Speaker 22: a great eating experience here.

1278
00:57:11,719 --> 00:57:13,959
Speaker 2: And what about acreage here? Is that growing? Are people

1279
00:57:14,080 --> 00:57:14,680
Speaker 2: planting or not?

1280
00:57:15,800 --> 00:57:19,440
Speaker 22: Yeah, Look, there has been recent investment into the industry,

1281
00:57:19,480 --> 00:57:21,480
Speaker 22: which I guess is why we expect that top line

1282
00:57:21,520 --> 00:57:24,640
Speaker 22: number to be growing, because we need that return on

1283
00:57:24,720 --> 00:57:27,120
Speaker 22: that investment. So there has been investment there. There's also

1284
00:57:27,200 --> 00:57:30,080
Speaker 22: been some investment as well into improvement of existing growing

1285
00:57:30,120 --> 00:57:32,520
Speaker 22: systems as well, which is I guess another factor in

1286
00:57:32,640 --> 00:57:33,720
Speaker 22: terms of what's driving yield.

1287
00:57:34,040 --> 00:57:36,439
Speaker 2: Good stuff. Dean good Insight, appreciate it. Dean smith Somemmer

1288
00:57:36,440 --> 00:57:38,360
Speaker 2: Fruit news Hilla another record that's good. At one hundred

1289
00:57:38,360 --> 00:57:39,840
Speaker 2: and twenty four million dollars. They've got a long way

1290
00:57:39,840 --> 00:57:41,560
Speaker 2: to go to reach Kiwi fruit and grapes of course,

1291
00:57:41,760 --> 00:57:43,560
Speaker 2: grapes at a couple of billion and kiwi fruit of

1292
00:57:43,600 --> 00:57:46,360
Speaker 2: four billion. But we'll take it. We'll take anything now.

1293
00:57:46,440 --> 00:57:48,680
Speaker 2: But for long term forecast. I don't notice long term

1294
00:57:48,720 --> 00:57:50,960
Speaker 2: forecast because they might as well throw a data toboard.

1295
00:57:51,520 --> 00:57:55,400
Speaker 2: But they're suggesting this summer of ours continues. There's no

1296
00:57:55,520 --> 00:57:58,680
Speaker 2: real rain in the forecast. It depends. I mean, you know,

1297
00:57:58,760 --> 00:58:01,720
Speaker 2: you tell good news storyline Cherry's fantastic lot of farmers

1298
00:58:01,760 --> 00:58:03,600
Speaker 2: around the North Island. Parts of the North Island at

1299
00:58:03,640 --> 00:58:07,120
Speaker 2: the moment really really struggling with the dry Where we

1300
00:58:07,240 --> 00:58:09,720
Speaker 2: are in the country. I notice, interestingly enough, the farm

1301
00:58:09,760 --> 00:58:11,800
Speaker 2: I look across the hill ath all across the valley

1302
00:58:12,200 --> 00:58:15,040
Speaker 2: is still green, green ish. It's not spring green, but

1303
00:58:15,520 --> 00:58:17,320
Speaker 2: certainly not brown the way it has been some year.

1304
00:58:17,400 --> 00:58:19,000
Speaker 2: So it very much depends on where you go around

1305
00:58:19,000 --> 00:58:20,960
Speaker 2: the country. I guess, Mike, is breaking a sports contract

1306
00:58:21,040 --> 00:58:22,560
Speaker 2: not like breaking a mortgage you got to pay a

1307
00:58:22,560 --> 00:58:25,760
Speaker 2: break fee? A good question, actually, I mean technically, I

1308
00:58:25,840 --> 00:58:28,360
Speaker 2: suppose they could go hardball and go, look, you can't

1309
00:58:28,360 --> 00:58:31,200
Speaker 2: break your contract. Deal's a deal. If you do, we

1310
00:58:31,320 --> 00:58:34,080
Speaker 2: want some money. But the Warriors aren't like that in

1311
00:58:34,320 --> 00:58:36,880
Speaker 2: my experience these days. Contracts, so if you're a talent,

1312
00:58:38,280 --> 00:58:40,680
Speaker 2: the powers in your court, Mike. Surely, with Honda involved

1313
00:58:40,720 --> 00:58:42,600
Speaker 2: with RB, they want the Japanese driver to get the

1314
00:58:42,680 --> 00:58:44,200
Speaker 2: Japanese crub. Well, of course they do. That's where the

1315
00:58:44,240 --> 00:58:46,640
Speaker 2: ten million dollars, if that's true, came from. I mean

1316
00:58:46,760 --> 00:58:48,360
Speaker 2: from a point of view. I mean, but would you

1317
00:58:48,480 --> 00:58:52,400
Speaker 2: want it? Think about Yuki Sonoda turns up this weekend

1318
00:58:52,920 --> 00:58:57,240
Speaker 2: week in Japan. They'll go off, and what sort of

1319
00:58:57,280 --> 00:58:59,400
Speaker 2: pressures he under to get in a car that doesn't

1320
00:58:59,440 --> 00:59:02,000
Speaker 2: work well and do something spectacular? I mean, if he does,

1321
00:59:02,040 --> 00:59:04,280
Speaker 2: he's a hero for life. But if it all goes wrong,

1322
00:59:04,320 --> 00:59:07,040
Speaker 2: it all goes wrong, So that'll be interesting. Mike just

1323
00:59:07,080 --> 00:59:08,560
Speaker 2: got in the car to drop the kids at school.

1324
00:59:08,640 --> 00:59:11,919
Speaker 2: Have we missed you discussing limb? Yeah?

1325
00:59:11,920 --> 00:59:14,680
Speaker 17: Will you please say something about Liam Lawson?

1326
00:59:14,720 --> 00:59:16,360
Speaker 2: I mean, how many times? How many times do I

1327
00:59:16,440 --> 00:59:19,120
Speaker 2: have to tell you I'm not running this program for

1328
00:59:19,240 --> 00:59:22,920
Speaker 2: your school. Run starts at six, ends at nine. It's

1329
00:59:22,960 --> 00:59:24,880
Speaker 2: a free flowing affair. We do what we want at

1330
00:59:24,920 --> 00:59:26,280
Speaker 2: the time. And if you just hoping to pop in

1331
00:59:26,320 --> 00:59:28,240
Speaker 2: the card, the question, the more important question is just

1332
00:59:28,280 --> 00:59:30,080
Speaker 2: before you popped in the car and turned the radio on.

1333
00:59:30,400 --> 00:59:33,280
Speaker 2: Good that you're doing and educating the kids, But what

1334
00:59:33,360 --> 00:59:34,240
Speaker 2: were you doing beforehand?

1335
00:59:34,320 --> 00:59:34,480
Speaker 14: Eh?

1336
00:59:34,680 --> 00:59:38,040
Speaker 2: Why won't you listening beforehand? Readily available to you three

1337
00:59:38,080 --> 00:59:39,920
Speaker 2: hours every day. Bob Geldof, is he here?

1338
00:59:40,760 --> 00:59:41,400
Speaker 21: Oh he is here?

1339
00:59:41,600 --> 00:59:44,240
Speaker 2: Oh good, Well, then he'll be with us after the news,

1340
00:59:44,280 --> 00:59:45,160
Speaker 2: so that works out well.

1341
00:59:45,200 --> 00:59:51,320
Speaker 1: Then setting me agender and talking the big issues, the

1342
00:59:51,560 --> 00:59:56,680
Speaker 1: mic hanting, breakfast with a Vita, retirement, communities, life, your way, news,

1343
00:59:56,720 --> 00:59:58,080
Speaker 1: togs head, be it.

1344
00:59:58,320 --> 01:00:01,040
Speaker 2: Seven minutes past day, leave it or can believe at

1345
01:00:01,040 --> 01:00:03,360
Speaker 2: the boomtown rats are marking fifty odd years in the business,

1346
01:00:03,560 --> 01:00:05,439
Speaker 2: and the group wouldn't be the only thing that Bob

1347
01:00:05,480 --> 01:00:07,520
Speaker 2: Geldof did, of course, the change music.

1348
01:00:07,400 --> 01:00:08,000
Speaker 14: All the world.

1349
01:00:08,120 --> 01:00:10,440
Speaker 2: That's also the fortieth anniversary of band Aid. And you

1350
01:00:10,520 --> 01:00:12,400
Speaker 2: put it all together in a stage show and you've

1351
01:00:12,400 --> 01:00:14,600
Speaker 2: got a couple of dates here. It's called an Evening

1352
01:00:14,640 --> 01:00:17,760
Speaker 2: with Bob Geldoff. Songs and stories from an extraordinary life,

1353
01:00:17,880 --> 01:00:20,760
Speaker 2: and the great Bob Geldof is with us. Good morning,

1354
01:00:20,880 --> 01:00:24,640
Speaker 2: good morning, Good to see you you too, Mat. We

1355
01:00:24,760 --> 01:00:28,800
Speaker 2: were talking about health off air, and because you look amazing,

1356
01:00:29,280 --> 01:00:31,120
Speaker 2: because the last time I was explaining on the show

1357
01:00:31,160 --> 01:00:33,160
Speaker 2: before you arrived, last time I saw you was twenty

1358
01:00:33,240 --> 01:00:35,560
Speaker 2: years ago and you didn't look a lot different then,

1359
01:00:35,680 --> 01:00:37,760
Speaker 2: so either you were aging. You've got to say something else.

1360
01:00:38,200 --> 01:00:39,640
Speaker 2: You look terrible to me.

1361
01:00:39,720 --> 01:00:40,800
Speaker 3: I know, yeah, yeah you were.

1362
01:00:40,840 --> 01:00:43,400
Speaker 2: You were either aging poorly then and brilliantly now. I

1363
01:00:43,440 --> 01:00:45,760
Speaker 2: don't know what's going on, but you look and find

1364
01:00:45,840 --> 01:00:47,800
Speaker 2: fettle and good health. But it does remind me of

1365
01:00:48,320 --> 01:00:50,480
Speaker 2: in talking about health and all the performance stuff. To

1366
01:00:50,640 --> 01:00:55,320
Speaker 2: do something each day, to have purpose keeps you young.

1367
01:00:55,720 --> 01:00:57,600
Speaker 2: Is that fair? Do you think? Absolutely fair?

1368
01:00:57,720 --> 01:01:00,720
Speaker 21: There's you know, if a human doesn't it purpose and

1369
01:01:00,880 --> 01:01:04,320
Speaker 21: it can be whatever, then what's it about?

1370
01:01:04,880 --> 01:01:05,040
Speaker 11: You know?

1371
01:01:05,160 --> 01:01:08,080
Speaker 21: There has to be some point to existence, I guess.

1372
01:01:08,680 --> 01:01:13,840
Speaker 21: And the problem with unemployment is simply that you know,

1373
01:01:14,000 --> 01:01:17,360
Speaker 21: you fall into this sort of you know, I don't

1374
01:01:17,520 --> 01:01:20,880
Speaker 21: distitute this lethargy, and you can't get up. It's just

1375
01:01:21,000 --> 01:01:24,960
Speaker 21: like I woke up and now what. And it's a

1376
01:01:25,040 --> 01:01:27,280
Speaker 21: very good point because I tend to do things. If

1377
01:01:27,320 --> 01:01:30,880
Speaker 21: the phone doesn't ring, I get worried and I then

1378
01:01:31,440 --> 01:01:34,680
Speaker 21: have some mad idea that I'll embark on. And because

1379
01:01:34,720 --> 01:01:38,640
Speaker 21: I live in London, the possibility of an idea happening.

1380
01:01:38,800 --> 01:01:39,680
Speaker 2: Is quite high.

1381
01:01:40,120 --> 01:01:43,000
Speaker 21: So two days later there's these people ring me, Yeah,

1382
01:01:43,080 --> 01:01:45,640
Speaker 21: let's do that. And five years later, I'm still involved

1383
01:01:45,680 --> 01:01:47,560
Speaker 21: in this thing that bored me in the first place.

1384
01:01:47,600 --> 01:01:50,800
Speaker 2: I never wanted to start it. So yeah, that's it.

1385
01:01:51,080 --> 01:01:54,840
Speaker 21: And I don't even know, like you know, I just

1386
01:01:54,920 --> 01:01:56,040
Speaker 21: get up and do stuff.

1387
01:01:56,240 --> 01:01:56,560
Speaker 14: That's it.

1388
01:01:56,760 --> 01:01:59,480
Speaker 2: And it's worked out, okay, hasn't it? In general?

1389
01:02:00,120 --> 01:02:00,320
Speaker 14: Yeah?

1390
01:02:00,520 --> 01:02:03,640
Speaker 21: I mean, you know, I think most people think they

1391
01:02:03,720 --> 01:02:05,920
Speaker 21: get up and do a job and they're not particularly

1392
01:02:06,040 --> 01:02:08,360
Speaker 21: satisfied with the job. But imagine if you didn't do that,

1393
01:02:08,600 --> 01:02:09,680
Speaker 21: you know, I can't imagine.

1394
01:02:10,040 --> 01:02:11,280
Speaker 2: Do you still enjoy performing?

1395
01:02:11,960 --> 01:02:12,120
Speaker 7: I do.

1396
01:02:14,880 --> 01:02:18,520
Speaker 21: It's very cathartic and it varies like this thing we're doing.

1397
01:02:18,720 --> 01:02:20,640
Speaker 21: I mean, you've read the long opening to it.

1398
01:02:20,720 --> 01:02:21,840
Speaker 14: I said, why call it?

1399
01:02:21,960 --> 01:02:23,680
Speaker 2: Why call it the life and next doraor whatever?

1400
01:02:23,760 --> 01:02:25,360
Speaker 21: I said, I just call it life.

1401
01:02:26,040 --> 01:02:29,560
Speaker 2: WTF, you know, because you know who'd have thought?

1402
01:02:30,360 --> 01:02:30,400
Speaker 8: So?

1403
01:02:31,000 --> 01:02:34,600
Speaker 21: I do enjoy doing this because it's why would I

1404
01:02:34,680 --> 01:02:37,320
Speaker 21: do it? Because it was put to me just before

1405
01:02:37,440 --> 01:02:40,360
Speaker 21: Christmas in Australia when I was talking about band Aid

1406
01:02:40,400 --> 01:02:43,080
Speaker 21: the fortieth anniversary, and they said, why don't you tell

1407
01:02:43,160 --> 01:02:46,680
Speaker 21: those stories in a sort of show thing? And I'd

1408
01:02:46,800 --> 01:02:49,920
Speaker 21: seen the an evening with stuff where you just sit

1409
01:02:50,040 --> 01:02:53,560
Speaker 21: down with a guy like yourself, and I do these

1410
01:02:53,640 --> 01:02:55,720
Speaker 21: interviews all the time, and I didn't want to do

1411
01:02:55,880 --> 01:02:58,600
Speaker 21: that and I'd seen Springsteen's One Man Show. I'd seen

1412
01:02:58,680 --> 01:02:59,800
Speaker 21: Bono's One Man Show.

1413
01:03:00,320 --> 01:03:01,280
Speaker 2: They're both Irish.

1414
01:03:01,400 --> 01:03:04,600
Speaker 21: I'm Irish. We can tell stories, and I thought i'd

1415
01:03:04,640 --> 01:03:07,720
Speaker 21: do it more like that, more theatrical, with you know,

1416
01:03:07,960 --> 01:03:11,600
Speaker 21: visuals and songs and all that. And I really enjoy

1417
01:03:11,640 --> 01:03:14,280
Speaker 21: it because it's not something i'd normally do in the summer.

1418
01:03:14,440 --> 01:03:16,600
Speaker 21: As you said, the rats are fifty, we'll do all

1419
01:03:16,640 --> 01:03:21,000
Speaker 21: the big festivals. And then we're talking off Mike about

1420
01:03:21,040 --> 01:03:24,240
Speaker 21: you know, suddenly Bobby Boonetown's in the house and it's

1421
01:03:24,360 --> 01:03:27,640
Speaker 21: lame for anyone listening, but the you know, the sagacious,

1422
01:03:27,800 --> 01:03:31,520
Speaker 21: quiet person you're listening to right now becomes something else,

1423
01:03:32,200 --> 01:03:36,720
Speaker 21: and that band start up, and it must be that

1424
01:03:36,840 --> 01:03:40,240
Speaker 21: the music excites me and I go absolutely nuts and

1425
01:03:40,360 --> 01:03:43,760
Speaker 21: I don't mean to. It's not something considered and by

1426
01:03:43,800 --> 01:03:46,440
Speaker 21: the end of it, I'm completely exhausted. But it's a

1427
01:03:46,760 --> 01:03:52,680
Speaker 21: great Catharsis. It's a great sense of something being done.

1428
01:03:52,840 --> 01:03:54,840
Speaker 21: I was going to say being achieved, but that's two

1429
01:03:54,960 --> 01:03:55,840
Speaker 21: grand so.

1430
01:03:56,320 --> 01:03:59,160
Speaker 2: That the show goes on. In reading you in Australia,

1431
01:03:59,360 --> 01:04:02,720
Speaker 2: it can go for any length of time. Yeah, would

1432
01:04:02,720 --> 01:04:05,160
Speaker 2: you just a thing you and I did a thing

1433
01:04:06,400 --> 01:04:07,640
Speaker 2: in two thousand and six.

1434
01:04:07,560 --> 01:04:10,720
Speaker 21: With the great Malcolm McLaren, you know, certainly a cultural

1435
01:04:10,800 --> 01:04:15,200
Speaker 21: avatar of our times, you know, Vivian Westwards, partner and

1436
01:04:15,560 --> 01:04:18,720
Speaker 21: designer and the sex Pistols manager and one of the

1437
01:04:18,800 --> 01:04:19,600
Speaker 21: great speakers.

1438
01:04:20,080 --> 01:04:20,640
Speaker 2: Yeah, and.

1439
01:04:23,440 --> 01:04:24,040
Speaker 14: That some of did.

1440
01:04:24,080 --> 01:04:25,600
Speaker 2: The audience asked him a question and.

1441
01:04:25,680 --> 01:04:29,040
Speaker 21: The answer took up forty five minutes and he never

1442
01:04:29,120 --> 01:04:31,520
Speaker 21: once addressed the question. So it's a bit like that

1443
01:04:31,680 --> 01:04:34,240
Speaker 21: with this show. It can it can't bring us sleeping

1444
01:04:34,320 --> 01:04:35,400
Speaker 21: bags all I'm saying.

1445
01:04:35,840 --> 01:04:38,240
Speaker 2: It could go on. By the way, speaking Irish people,

1446
01:04:38,280 --> 01:04:40,040
Speaker 2: Colin mcgrigord, do you realize he wants to run for

1447
01:04:40,080 --> 01:04:41,040
Speaker 2: the president of Ireland?

1448
01:04:41,160 --> 01:04:41,320
Speaker 8: Yeah?

1449
01:04:41,640 --> 01:04:46,160
Speaker 2: Would he? He's creep? Okay, so not no vote from Bob.

1450
01:04:47,000 --> 01:04:51,400
Speaker 21: Did you see how he humiliated himself and Ireland with Trump?

1451
01:04:52,600 --> 01:04:52,760
Speaker 11: You know?

1452
01:04:53,160 --> 01:04:53,560
Speaker 2: Awful?

1453
01:04:53,600 --> 01:04:56,600
Speaker 21: I mean I've had so many memes from people saying

1454
01:04:56,600 --> 01:04:57,480
Speaker 21: how shamed they are?

1455
01:04:57,640 --> 01:05:01,080
Speaker 2: You know, did you do you from where you came from?

1456
01:05:01,320 --> 01:05:03,240
Speaker 2: Speaking of Ireland, when you start out, you know, in

1457
01:05:03,280 --> 01:05:06,680
Speaker 2: the meat works and the diggers and stuff, do you

1458
01:05:06,880 --> 01:05:10,840
Speaker 2: appreciate what you've achieved more as opposed to have been

1459
01:05:10,880 --> 01:05:13,080
Speaker 2: born into it? You've got a guitar, and success came

1460
01:05:13,120 --> 01:05:13,600
Speaker 2: your way.

1461
01:05:14,560 --> 01:05:17,320
Speaker 21: And no, I don't appreciate it, because it's if you're

1462
01:05:17,360 --> 01:05:20,200
Speaker 21: living a life as anyone listening or you know, it's

1463
01:05:20,360 --> 01:05:25,920
Speaker 21: sort of a linear thing. In retrospecting, things appear inevitable.

1464
01:05:26,040 --> 01:05:28,280
Speaker 21: The only thing I know is that because I was

1465
01:05:28,360 --> 01:05:32,640
Speaker 21: offered no choices. Ireland was very poor, my dad had

1466
01:05:32,720 --> 01:05:36,000
Speaker 21: no money. I did nothing in school, So you know,

1467
01:05:36,400 --> 01:05:42,640
Speaker 21: you leave and you invent yourself into being. And the

1468
01:05:42,760 --> 01:05:46,760
Speaker 21: only thing I know is that initially I just went

1469
01:05:46,880 --> 01:05:48,680
Speaker 21: for jobs where I could get a bit of money,

1470
01:05:48,840 --> 01:05:51,520
Speaker 21: take me to the next country, the next job. Something

1471
01:05:51,680 --> 01:05:54,800
Speaker 21: was going to happen, and I was working towards something

1472
01:05:55,000 --> 01:05:57,560
Speaker 21: when out of the blue the band started. But I

1473
01:05:57,560 --> 01:06:02,640
Speaker 21: would always take that road less travel, and that seemed

1474
01:06:02,680 --> 01:06:05,280
Speaker 21: to me to offer the most opportunities. And even when

1475
01:06:05,320 --> 01:06:09,800
Speaker 21: the band was really peaking at its height, I got

1476
01:06:10,000 --> 01:06:14,240
Speaker 21: distracted by something that interested me. And if it interests me,

1477
01:06:15,520 --> 01:06:18,080
Speaker 21: and it's got something to do with an interest in

1478
01:06:18,160 --> 01:06:21,560
Speaker 21: the past, and I'll go down that route. So but

1479
01:06:21,720 --> 01:06:25,880
Speaker 21: everything spins off of rock and roll, really, everything spins

1480
01:06:25,960 --> 01:06:30,000
Speaker 21: off of it. Things were not great when I was

1481
01:06:30,160 --> 01:06:35,280
Speaker 21: a kid, so the only avenues of possibility were suggested

1482
01:06:35,400 --> 01:06:38,400
Speaker 21: by you know, John and Paul, Mick and Keith, Bob

1483
01:06:38,520 --> 01:06:41,480
Speaker 21: and Pete and those people. And I clung onto that.

1484
01:06:41,920 --> 01:06:44,880
Speaker 21: And the message seemed to be that the world was

1485
01:06:45,000 --> 01:06:49,520
Speaker 21: not immutable, that change was necessary, desirable and evitable. And

1486
01:06:49,800 --> 01:06:52,520
Speaker 21: because I was young and listening to these people suggesting

1487
01:06:52,640 --> 01:06:55,200
Speaker 21: that rock and roll became the rhetoric of change and

1488
01:06:55,320 --> 01:06:58,280
Speaker 21: indeed the platform so that leads you to live aid

1489
01:06:58,760 --> 01:07:03,080
Speaker 21: you know, that sort of stuff, and uh, you know,

1490
01:07:03,560 --> 01:07:09,200
Speaker 21: retrospectively again, all the other stuff spins out of that fact.

1491
01:07:09,280 --> 01:07:12,840
Speaker 21: That's central fact of pop music and rock and roll,

1492
01:07:12,840 --> 01:07:16,480
Speaker 21: which seems, I suppose, seemingly lame, but for me was

1493
01:07:16,680 --> 01:07:20,120
Speaker 21: a true a golden thread lowered out of the purple

1494
01:07:20,200 --> 01:07:22,480
Speaker 21: ether of rock and roll, which I've clung on too

1495
01:07:22,600 --> 01:07:23,880
Speaker 21: ferociously ever since.

1496
01:07:24,200 --> 01:07:26,480
Speaker 2: Listen, hold on Don't Go Brief break more from Bob

1497
01:07:26,520 --> 01:07:28,240
Speaker 2: Geldof In a moment fourteen past.

1498
01:07:28,880 --> 01:07:32,880
Speaker 1: The mic asking Breakfast Full Show podcast on iHeart Radio,

1499
01:07:33,120 --> 01:07:34,120
Speaker 1: pollt by News.

1500
01:07:33,960 --> 01:07:38,000
Speaker 2: Talks It Be Talks seventeen past, I said, Bob Gueldof

1501
01:07:38,080 --> 01:07:40,040
Speaker 2: is a guest. A couple of quick questions before I forget.

1502
01:07:40,240 --> 01:07:41,960
Speaker 2: I don't know that most people know this. What was

1503
01:07:42,040 --> 01:07:45,160
Speaker 2: it called PS? Twenty four year company. It was planning

1504
01:07:45,360 --> 01:07:48,120
Speaker 2: twenty feur. Yeah, and it got sold eventually. But did

1505
01:07:48,200 --> 01:07:49,200
Speaker 2: you been survivor?

1506
01:07:49,400 --> 01:07:49,600
Speaker 14: Yeah?

1507
01:07:50,920 --> 01:07:52,840
Speaker 2: See, people don't know that about you. They think band

1508
01:07:52,880 --> 01:07:55,600
Speaker 2: aid and I don't like mondays, but don't don't put

1509
01:07:55,600 --> 01:07:58,280
Speaker 2: it on my gravestone. Did you clip the ticket on it?

1510
01:07:59,160 --> 01:08:00,480
Speaker 2: Did I what look the ticket?

1511
01:08:00,680 --> 01:08:00,800
Speaker 18: You know?

1512
01:08:00,880 --> 01:08:03,720
Speaker 2: I did the money complying? That was that was that

1513
01:08:03,920 --> 01:08:05,720
Speaker 2: was the big payoff. That was the magic.

1514
01:08:05,880 --> 01:08:09,680
Speaker 21: Yeah, we had So after live Aid, I hadn't worked

1515
01:08:09,720 --> 01:08:11,960
Speaker 21: for two years because you know, trying to all do

1516
01:08:12,080 --> 01:08:14,200
Speaker 21: all this stuff and focus on them to set up

1517
01:08:14,240 --> 01:08:17,800
Speaker 21: the structure and the trust and the actual enabling of

1518
01:08:18,800 --> 01:08:22,240
Speaker 21: you know, putting everything into place. And I was broke

1519
01:08:22,880 --> 01:08:25,880
Speaker 21: because I promised that every single penny we got will

1520
01:08:25,960 --> 01:08:30,160
Speaker 21: go to someone in need. And after we're forty years

1521
01:08:30,200 --> 01:08:32,000
Speaker 21: old now I have to tell you that not a

1522
01:08:32,120 --> 01:08:35,439
Speaker 21: single sandwich, cup of coffee or phone call has come

1523
01:08:35,479 --> 01:08:37,840
Speaker 21: out of that money. And we do it every day.

1524
01:08:38,240 --> 01:08:39,240
Speaker 2: But I was broke.

1525
01:08:39,479 --> 01:08:42,000
Speaker 21: And the band, because we hadn't worked for two years,

1526
01:08:42,080 --> 01:08:44,560
Speaker 21: they'd gone off and done separate things. Pete became a

1527
01:08:44,600 --> 01:08:46,880
Speaker 21: big producer. Some of the band played with other guys.

1528
01:08:47,479 --> 01:08:49,479
Speaker 21: So the first thing I did was write a book.

1529
01:08:49,720 --> 01:08:52,800
Speaker 21: Then I did some ads to get some money. Then

1530
01:08:52,960 --> 01:08:58,599
Speaker 21: I started making solo records. But because I've been as

1531
01:08:58,640 --> 01:09:01,080
Speaker 21: I say, everything spins off roll, because I've been in

1532
01:09:01,240 --> 01:09:03,960
Speaker 21: music for ten years, on every TV and radio show,

1533
01:09:04,120 --> 01:09:07,680
Speaker 21: it was second nature to me. So I set up

1534
01:09:07,720 --> 01:09:11,200
Speaker 21: a TV company with two friends of mine, and again

1535
01:09:11,320 --> 01:09:13,759
Speaker 21: the attitude was very like The Rats was very punk.

1536
01:09:13,840 --> 01:09:16,080
Speaker 21: You know, let's let's turn over the Apple cards. There's

1537
01:09:16,080 --> 01:09:20,680
Speaker 21: got to be something underneath it, and there was. We

1538
01:09:21,479 --> 01:09:24,479
Speaker 21: had a the go Go, go to rock and roll

1539
01:09:24,560 --> 01:09:27,200
Speaker 21: show of the nineties was the word that was ours,

1540
01:09:27,720 --> 01:09:31,200
Speaker 21: and there was. We had the Breakfast franchise for ten years,

1541
01:09:31,320 --> 01:09:33,800
Speaker 21: two hours every day, five days a week. That was

1542
01:09:34,240 --> 01:09:37,320
Speaker 21: the big make or break thing. But out of the

1543
01:09:37,400 --> 01:09:40,360
Speaker 21: word came there was a section called I do anything

1544
01:09:40,400 --> 01:09:44,480
Speaker 21: to be on television, and you know, it got grotesque

1545
01:09:44,600 --> 01:09:46,480
Speaker 21: people as people wrote.

1546
01:09:46,240 --> 01:09:46,800
Speaker 2: In with things.

1547
01:09:46,880 --> 01:09:50,240
Speaker 21: And I remember once was a lady of ninety in

1548
01:09:50,360 --> 01:09:53,839
Speaker 21: a bath full of worms being kissed by a seventeen

1549
01:09:53,920 --> 01:09:54,479
Speaker 21: year old boy.

1550
01:09:54,880 --> 01:09:56,000
Speaker 2: And that is grotesque.

1551
01:09:56,320 --> 01:10:00,120
Speaker 21: And I mean it probably appears to your you know, oh,

1552
01:10:00,240 --> 01:10:02,679
Speaker 21: this disgusting sense of humor in this country.

1553
01:10:02,760 --> 01:10:04,960
Speaker 3: But you know, I just thought no.

1554
01:10:05,479 --> 01:10:06,559
Speaker 2: So we got called in.

1555
01:10:07,000 --> 01:10:09,519
Speaker 21: By Channel four, which is the alternator of Channel in

1556
01:10:09,680 --> 01:10:12,519
Speaker 21: the UK, and they said, look, there's this new thing

1557
01:10:12,600 --> 01:10:15,400
Speaker 21: called reality television. We want you to make this edgy,

1558
01:10:15,760 --> 01:10:17,160
Speaker 21: you know sort of thing. We said, what are you

1559
01:10:17,200 --> 01:10:19,559
Speaker 21: talking about? They said, you know, like police cameras action

1560
01:10:19,720 --> 01:10:22,599
Speaker 21: you get real footage of people being arrested and all

1561
01:10:22,640 --> 01:10:27,839
Speaker 21: that stuff. And Charlie, my partner, just said, that's our reality.

1562
01:10:27,880 --> 01:10:32,519
Speaker 21: And they said, so what is reality? And life is reality?

1563
01:10:32,560 --> 01:10:35,519
Speaker 21: You're compressed into this short time period with all these

1564
01:10:35,600 --> 01:10:36,680
Speaker 21: pressures put upon you.

1565
01:10:37,160 --> 01:10:38,040
Speaker 2: How do you deal with that?

1566
01:10:38,479 --> 01:10:40,599
Speaker 21: And you know you've got to make friends with people.

1567
01:10:40,680 --> 01:10:45,240
Speaker 21: So what happens if that's artificially constructed over a short

1568
01:10:45,280 --> 01:10:47,719
Speaker 21: period of time and people get to vote on whether

1569
01:10:48,160 --> 01:10:48,360
Speaker 21: you know.

1570
01:10:48,680 --> 01:10:52,680
Speaker 2: They like you or not? And so that was Survivor.

1571
01:10:53,000 --> 01:10:56,000
Speaker 21: We sold it first to Scandinavia. We never made it.

1572
01:10:56,479 --> 01:10:59,679
Speaker 21: We saw scanned EVA and Charlie said, look, people will

1573
01:11:00,040 --> 01:11:03,120
Speaker 21: we act to this very differently. You need to profile

1574
01:11:03,200 --> 01:11:06,840
Speaker 21: people coming on this. And I think I can't remember

1575
01:11:06,840 --> 01:11:10,479
Speaker 21: which country exactly ran out first, Sweden, Norway, Denmark and

1576
01:11:11,560 --> 01:11:15,920
Speaker 21: the first guy I think voted off killed himself. I

1577
01:11:16,000 --> 01:11:19,519
Speaker 21: think that's what happened and the place went nuts. And

1578
01:11:20,560 --> 01:11:23,880
Speaker 21: they hadn't profiled he was very vulnerable. People had you know,

1579
01:11:24,040 --> 01:11:28,240
Speaker 21: his peers had voted him off. And so I think

1580
01:11:28,320 --> 01:11:30,840
Speaker 21: it was went off the air, but everywhere else bought it.

1581
01:11:30,960 --> 01:11:33,400
Speaker 21: That's how sick it was, you know. So in America

1582
01:11:33,439 --> 01:11:35,640
Speaker 21: it turned out to be the Beatles of television. So

1583
01:11:36,080 --> 01:11:40,280
Speaker 21: Beyonce did I'm a Survivor, Destiny's Child. Pontiac brought out

1584
01:11:40,320 --> 01:11:44,640
Speaker 21: the Pontiac Survivor and yeah, we killed it and we

1585
01:11:44,760 --> 01:11:47,240
Speaker 21: never made it. We franchised it.

1586
01:11:47,360 --> 01:11:51,280
Speaker 2: And the idea is the magic though, wasn't it the magic?

1587
01:11:51,400 --> 01:11:52,360
Speaker 2: The idea? Yeah?

1588
01:11:52,439 --> 01:11:56,080
Speaker 21: Yeah, And you know, thank God for Survivor.

1589
01:11:56,200 --> 01:11:59,200
Speaker 2: You know, I watched you on British television last year.

1590
01:11:59,200 --> 01:12:01,479
Speaker 2: I felt bad for you when the fortieth anniversary of

1591
01:12:01,560 --> 01:12:04,679
Speaker 2: Banda Live I came along because I thought it summed

1592
01:12:04,720 --> 01:12:06,360
Speaker 2: up everything that's gone wrong with the world. What you

1593
01:12:06,439 --> 01:12:09,240
Speaker 2: did forty years ago was a stroke of genius and

1594
01:12:09,479 --> 01:12:11,639
Speaker 2: was done from the heart and for the right reasons.

1595
01:12:11,720 --> 01:12:16,160
Speaker 2: Forty years later, it's a winathon. It's like, yeah, you're

1596
01:12:16,200 --> 01:12:18,800
Speaker 2: preaching to the Africans. It's like, you know, let's how

1597
01:12:18,840 --> 01:12:19,800
Speaker 2: the world has changed, isn't it.

1598
01:12:20,320 --> 01:12:23,120
Speaker 21: Yeah, there were two things going on. One is you

1599
01:12:23,240 --> 01:12:26,080
Speaker 21: want to keep as many people alive as possible from

1600
01:12:26,160 --> 01:12:29,680
Speaker 21: starving in the world of food surplus, it's absurd. And

1601
01:12:29,880 --> 01:12:34,800
Speaker 21: then there's a newer sensibility which is completely different to

1602
01:12:34,840 --> 01:12:39,600
Speaker 21: what we were doing about, especially from the children of

1603
01:12:39,640 --> 01:12:43,040
Speaker 21: African emigrets, a pride and where they come from, and

1604
01:12:43,200 --> 01:12:45,760
Speaker 21: they feel this is sort of shameful, you know that.

1605
01:12:46,320 --> 01:12:48,639
Speaker 21: But we didn't care what sort of people were dying,

1606
01:12:48,680 --> 01:12:51,240
Speaker 21: if they were Martians, if it was happening in Yorkshire,

1607
01:12:51,479 --> 01:12:53,800
Speaker 21: if it was happening in Wellington, I'd have done the

1608
01:12:53,880 --> 01:12:56,519
Speaker 21: same exactly. And so you know, there's two separate issues.

1609
01:12:56,560 --> 01:13:00,000
Speaker 21: You understand both of them, but one gets in the word,

1610
01:13:00,280 --> 01:13:03,680
Speaker 21: the other the simple act of helping it. Just turn

1611
01:13:03,720 --> 01:13:05,680
Speaker 21: your head, let me give you a hand up here, mate. Yeah,

1612
01:13:05,720 --> 01:13:07,840
Speaker 21: and that's all it was, exactly mate. Good to see

1613
01:13:07,880 --> 01:13:09,960
Speaker 21: you again, you too after twenty years. Come back in

1614
01:13:10,000 --> 01:13:13,439
Speaker 21: another twenty you'll be ninety two. Yeah, pretty, Malcolm, listen,

1615
01:13:13,880 --> 01:13:15,400
Speaker 21: lovely to see you have a good couple of those,

1616
01:13:15,400 --> 01:13:17,040
Speaker 21: will give the details. Nice to see you so. Bob

1617
01:13:17,080 --> 01:13:18,280
Speaker 21: geldof a twenty three.

1618
01:13:19,439 --> 01:13:23,160
Speaker 3: The Mic asking Breakfast with Bailey's real Estate news talks.

1619
01:13:22,920 --> 01:13:23,880
Speaker 14: Did be no.

1620
01:13:24,080 --> 01:13:26,559
Speaker 2: You often hear us talk about the Healthy Aging Pack

1621
01:13:26,600 --> 01:13:28,679
Speaker 2: from About Health. Of course, now that includes the renown

1622
01:13:28,760 --> 01:13:30,840
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1623
01:13:30,960 --> 01:13:32,800
Speaker 2: everyday health and well being. But if you're someone who

1624
01:13:32,880 --> 01:13:34,920
Speaker 2: needs extra support with the joints of the brain health

1625
01:13:35,160 --> 01:13:37,160
Speaker 2: and if your body has gone through challenges that needs

1626
01:13:37,160 --> 01:13:39,000
Speaker 2: a little you know, a little extra t LC, then

1627
01:13:39,400 --> 01:13:41,439
Speaker 2: maybe time to give the Ultimate Healthy Aging Pack a

1628
01:13:41,600 --> 01:13:44,519
Speaker 2: goo the Ultimate Healthy Aging Pack. So you've got Life

1629
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Speaker 2: max in a you got Lesters Oil advanced couple of

1630
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Speaker 2: premium supplements. Now they support the cellular energy production the

1631
01:13:51,160 --> 01:13:54,759
Speaker 2: brain health centrally, providing advanced and comprehensive healthy aging support.

1632
01:13:55,080 --> 01:13:58,080
Speaker 2: Ultimate Healthy Aging Pack is when you you know, basically,

1633
01:13:58,120 --> 01:13:59,600
Speaker 2: when you only want the best, and why wouldn't you

1634
01:13:59,600 --> 01:14:01,439
Speaker 2: want the best? Read the label, Take only as directed.

1635
01:14:01,680 --> 01:14:04,320
Speaker 2: Eight hundred triple nine three oh nine. That's the number

1636
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Speaker 2: for about Health online. It's about health dot co dot nz.

1637
01:14:07,439 --> 01:14:09,760
Speaker 2: Order today. That'll save you sixty bucks already, so you're

1638
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1639
01:14:13,520 --> 01:14:15,519
Speaker 2: you a free one month supply of the Lister's Nightcap

1640
01:14:15,600 --> 01:14:18,519
Speaker 2: that's valued at forty nine ninety five absolutely free. So

1641
01:14:18,640 --> 01:14:21,080
Speaker 2: it is all good. It's all the best life Maxina

1642
01:14:21,360 --> 01:14:25,920
Speaker 2: and Lester's oil advanced from about health pasking My Bob

1643
01:14:26,000 --> 01:14:29,439
Speaker 2: Geldoff is a gritty, truthful inspiration. I would always take

1644
01:14:29,479 --> 01:14:31,960
Speaker 2: the road less travel. That's a self reflection that everyone

1645
01:14:32,000 --> 01:14:34,080
Speaker 2: can gain from. Isn't he a nice blow? I'll give

1646
01:14:34,120 --> 01:14:36,080
Speaker 2: you the details. You've got three shows and the concert

1647
01:14:36,120 --> 01:14:38,559
Speaker 2: that's coming next couple of days. Give you the details

1648
01:14:38,600 --> 01:14:39,920
Speaker 2: and a couple of minments and then we'll get to

1649
01:14:40,160 --> 01:14:42,960
Speaker 2: Britain and Rod Little on the My Casking Breaks.

1650
01:14:49,120 --> 01:14:52,120
Speaker 1: The Breakfast Show, Kiwi's Trust to Stay in the Know,

1651
01:14:52,600 --> 01:14:55,840
Speaker 1: the mic Hosking Breakfast with the range Rover, the law

1652
01:14:56,200 --> 01:14:59,120
Speaker 1: designed to intrigue and use togs deadb Mike.

1653
01:14:59,200 --> 01:15:00,880
Speaker 2: It's annoying that for the last ten years we watch

1654
01:15:00,880 --> 01:15:04,000
Speaker 2: Australian Highway Patrol doing roadside drug tests on television, yet

1655
01:15:04,040 --> 01:15:06,040
Speaker 2: our idiots here in Parliament and not been able to

1656
01:15:06,080 --> 01:15:08,439
Speaker 2: pass or implement any until now. Shane, it's a very

1657
01:15:08,439 --> 01:15:10,000
Speaker 2: good point. But mind you, if you've been listening to

1658
01:15:10,120 --> 01:15:13,200
Speaker 2: Tamotha Paul this week and her views on crime and

1659
01:15:13,439 --> 01:15:15,640
Speaker 2: justice and punishment, it won't be a surprise to you

1660
01:15:15,720 --> 01:15:18,759
Speaker 2: Geldof by the way, Sir Bob, tomorrow night in Auckland,

1661
01:15:19,840 --> 01:15:22,479
Speaker 2: Saturday in the Capitol and if you want to head

1662
01:15:22,520 --> 01:15:27,240
Speaker 2: to Teg daintyteg Dainty dot com for ticketing and to

1663
01:15:27,479 --> 01:15:28,599
Speaker 2: information twenty three.

1664
01:15:28,479 --> 01:15:33,040
Speaker 16: To nine International correspondence with ends and Eye Insurance, Peace

1665
01:15:33,080 --> 01:15:34,960
Speaker 16: of mind for New Zealand business on.

1666
01:15:34,920 --> 01:15:35,720
Speaker 2: A little morning to you.

1667
01:15:37,120 --> 01:15:37,920
Speaker 14: Good morning mate.

1668
01:15:38,040 --> 01:15:41,120
Speaker 2: So the spring statement, much anticipation, much build up on this,

1669
01:15:41,240 --> 01:15:42,840
Speaker 2: and we got pretty much what they said they were

1670
01:15:42,880 --> 01:15:44,599
Speaker 2: going to you cutting welfare and a lot of people

1671
01:15:44,680 --> 01:15:46,599
Speaker 2: lose out, a few people I note gain there's more

1672
01:15:46,680 --> 01:15:48,960
Speaker 2: on defense. Let's do the cuts first of all. With

1673
01:15:49,160 --> 01:15:52,559
Speaker 2: that many people having money taken out of their pocket

1674
01:15:52,680 --> 01:15:54,639
Speaker 2: or not arriving in their pocket in the first place.

1675
01:15:55,080 --> 01:15:57,400
Speaker 2: Is there a political price to pay for this or not.

1676
01:15:59,240 --> 01:16:02,479
Speaker 14: That's a very big political price to pay for this.

1677
01:16:02,600 --> 01:16:05,080
Speaker 14: For Rachel Reeves, I think Rachel Reeves is on her

1678
01:16:05,120 --> 01:16:10,599
Speaker 14: last legs, to be absolutely honest, because let's leave aside

1679
01:16:10,640 --> 01:16:14,240
Speaker 14: the fact that her budget in the autumn of last

1680
01:16:14,320 --> 01:16:17,679
Speaker 14: year destroyed what was left of a fairly frail economy

1681
01:16:18,439 --> 01:16:21,560
Speaker 14: by putting up national insurance and hammering with small businesses.

1682
01:16:22,760 --> 01:16:25,840
Speaker 14: She's suddenly seen that the reason the OBS, the Office

1683
01:16:25,840 --> 01:16:31,200
Speaker 14: for Budget Responsibility is OBIA has made this fling statement

1684
01:16:31,760 --> 01:16:36,360
Speaker 14: is to correct the huge problems which were caused by

1685
01:16:36,439 --> 01:16:39,560
Speaker 14: her last budget. And as laborers put a lot of

1686
01:16:39,600 --> 01:16:42,120
Speaker 14: faith into the OBR, there's nothing they can do about it.

1687
01:16:42,160 --> 01:16:44,439
Speaker 14: They just have to carry on with it. And that

1688
01:16:44,640 --> 01:16:48,280
Speaker 14: means that she is going to be cutting benefits now.

1689
01:16:49,080 --> 01:16:53,240
Speaker 14: You know, between you and me, right, there's five billion

1690
01:16:53,680 --> 01:16:57,720
Speaker 14: pound cuts between now and twenty thirty That to me

1691
01:16:58,439 --> 01:17:01,320
Speaker 14: doesn't come anywhere near the level we should be cutting

1692
01:17:01,360 --> 01:17:05,240
Speaker 14: benefits by not it doesn't scrape the surface. But what

1693
01:17:05,400 --> 01:17:09,360
Speaker 14: it's done is it's aroused the fury of the backbench

1694
01:17:09,479 --> 01:17:15,519
Speaker 14: Labor MPs who say they cannot possibly vote for this policy,

1695
01:17:16,000 --> 01:17:19,120
Speaker 14: that it's not a labor policy. And so the left

1696
01:17:19,160 --> 01:17:22,479
Speaker 14: of the Labor Party and actually the soft left are

1697
01:17:22,600 --> 01:17:28,200
Speaker 14: in some real ferment about this whole problem. So it

1698
01:17:28,280 --> 01:17:30,240
Speaker 14: remains to be seeing what you can done, how many

1699
01:17:30,280 --> 01:17:33,320
Speaker 14: people affected by it. The thing you will hear on

1700
01:17:33,439 --> 01:17:38,960
Speaker 14: our radio every day is fifty thousand children. It's become

1701
01:17:39,080 --> 01:17:42,000
Speaker 14: this kind of mantra that fifty thousand children are going

1702
01:17:42,080 --> 01:17:44,200
Speaker 14: to be made worse off. Well, actually they're not going

1703
01:17:44,280 --> 01:17:47,040
Speaker 14: to be made worse off if their mums and dads

1704
01:17:47,200 --> 01:17:47,760
Speaker 14: get a job.

1705
01:17:48,000 --> 01:17:48,200
Speaker 7: You know.

1706
01:17:49,800 --> 01:17:52,040
Speaker 14: That this is the problem we have. We have two

1707
01:17:52,200 --> 01:17:57,519
Speaker 14: few people in employment, two few people actually going out

1708
01:17:57,600 --> 01:18:01,439
Speaker 14: to do a day's work, partly because wages are low,

1709
01:18:01,520 --> 01:18:06,559
Speaker 14: but partly also a hangover from the furlough system of COVID.

1710
01:18:06,920 --> 01:18:09,080
Speaker 2: It's an amazing thing. I was watching or listening to

1711
01:18:09,479 --> 01:18:12,720
Speaker 2: Angela Rayner, she was on BABC, She's on Radio four

1712
01:18:12,760 --> 01:18:16,360
Speaker 2: and she goes, the working class do not want handouts,

1713
01:18:16,960 --> 01:18:19,000
Speaker 2: but they want support to find jobs. And I thought, well,

1714
01:18:19,000 --> 01:18:22,799
Speaker 2: that's a good line, but your benefit system would indicate

1715
01:18:23,320 --> 01:18:25,599
Speaker 2: they're perfectly happy to have a handout and they can't

1716
01:18:25,640 --> 01:18:27,080
Speaker 2: be bothered getting a job. Is that fear?

1717
01:18:28,439 --> 01:18:32,559
Speaker 14: I think up to a point. I think Rainer has

1718
01:18:32,600 --> 01:18:35,600
Speaker 14: a good point there, and it's a point I've been

1719
01:18:35,640 --> 01:18:40,320
Speaker 14: making to various friends in the Labor Party recently, which

1720
01:18:40,400 --> 01:18:44,160
Speaker 14: is that there is nothing the hard working working class

1721
01:18:44,760 --> 01:18:46,480
Speaker 14: hate more than sponges.

1722
01:18:46,680 --> 01:18:46,880
Speaker 2: Yeah.

1723
01:18:47,600 --> 01:18:52,360
Speaker 14: It absolutely gallsome when they're working. And our big problem

1724
01:18:52,479 --> 01:18:54,479
Speaker 14: is we have a low wage economy. But latly it's

1725
01:18:54,479 --> 01:18:56,920
Speaker 14: a consequence of immigration. But we have a low wage

1726
01:18:56,960 --> 01:19:00,160
Speaker 14: economy and people go out and they graft for for

1727
01:19:00,600 --> 01:19:03,200
Speaker 14: ten hours a day, and their wives are out working

1728
01:19:03,280 --> 01:19:05,439
Speaker 14: for ten hours a day, and they come home and

1729
01:19:05,479 --> 01:19:08,040
Speaker 14: they see their next door neighbor, you know, getting a

1730
01:19:08,120 --> 01:19:10,840
Speaker 14: taxi back from the pub having been on benefits all day.

1731
01:19:11,520 --> 01:19:15,920
Speaker 14: It really really great, and it happens. You know, It's

1732
01:19:16,000 --> 01:19:19,720
Speaker 14: been mentioned to me colloquially so many times, so she

1733
01:19:19,920 --> 01:19:23,920
Speaker 14: may have a point, but there's no question, Mike. You

1734
01:19:24,000 --> 01:19:27,800
Speaker 14: know that the furlough scheme put ideas into our heads

1735
01:19:28,160 --> 01:19:31,680
Speaker 14: which we had not previously happ and that's that it

1736
01:19:31,800 --> 01:19:34,080
Speaker 14: doesn't matter if we work, the government will pay for us.

1737
01:19:34,200 --> 01:19:38,519
Speaker 2: Yeah, exactly, Defense two point two billion. What does that bind?

1738
01:19:38,560 --> 01:19:41,240
Speaker 2: Does that go anywhere towards the europe needs to stand

1739
01:19:41,280 --> 01:19:43,120
Speaker 2: on their own and America's out of it? I mean,

1740
01:19:43,120 --> 01:19:44,560
Speaker 2: does that fix any sort of problem or not?

1741
01:19:46,120 --> 01:19:48,400
Speaker 14: No, I mean it doesn't remotely fix a problem. It

1742
01:19:48,560 --> 01:19:52,000
Speaker 14: is welcome. I think most people would say it was welcome,

1743
01:19:52,040 --> 01:19:56,920
Speaker 14: particularly obviously the armed services. The aspiration, I'm told by

1744
01:19:57,040 --> 01:20:00,840
Speaker 14: people who are advising Sir Keir Starmer, is to reach

1745
01:20:00,920 --> 01:20:03,320
Speaker 14: the end of this parliament with spending on defense at

1746
01:20:03,400 --> 01:20:06,800
Speaker 14: four percent, which would put us above what the US

1747
01:20:06,880 --> 01:20:11,080
Speaker 14: spens of defense. So there is a genuine wish to increase,

1748
01:20:11,920 --> 01:20:15,680
Speaker 14: to increase expenditures so that we can lead Europe in

1749
01:20:15,840 --> 01:20:19,800
Speaker 14: being able to defend the continent from whoever is menacing it,

1750
01:20:19,840 --> 01:20:24,639
Speaker 14: whether it be Vladimir Putin or g or indeed Donald

1751
01:20:24,720 --> 01:20:28,519
Speaker 14: Trump trying to take over Greenland. We feel more cornered.

1752
01:20:28,840 --> 01:20:31,240
Speaker 14: I think it's fair to say lim at any time

1753
01:20:31,280 --> 01:20:33,000
Speaker 14: since about nineteen thirty nine.

1754
01:20:33,240 --> 01:20:36,760
Speaker 2: As regards GDP, the forecast has gone from two percent

1755
01:20:36,840 --> 01:20:38,960
Speaker 2: to one percent, which is never good for a politician.

1756
01:20:39,360 --> 01:20:41,800
Speaker 2: She claims that it's going to get bitter eventually, but

1757
01:20:41,920 --> 01:20:44,639
Speaker 2: she would say that, wouldn't she how idly does it feel?

1758
01:20:47,320 --> 01:20:50,760
Speaker 14: It's not good. It's not good at all. What she

1759
01:20:50,880 --> 01:20:53,120
Speaker 14: should have done was swallow a little bit of humble

1760
01:20:53,200 --> 01:20:57,880
Speaker 14: pie and do something in the buttet which relieved the

1761
01:20:58,000 --> 01:21:01,439
Speaker 14: problems for small and medium businesses, which are the bedrock

1762
01:21:01,520 --> 01:21:04,720
Speaker 14: of our economy these days. And she didn't do that.

1763
01:21:05,400 --> 01:21:08,040
Speaker 14: And you know, I've had businessmen ranting up me on

1764
01:21:08,120 --> 01:21:10,519
Speaker 14: the telephone saying you've got to hold them to account

1765
01:21:10,560 --> 01:21:14,439
Speaker 14: on this, and there seems to be no way forward

1766
01:21:14,520 --> 01:21:16,519
Speaker 14: with growth. One of the one area where there might

1767
01:21:16,600 --> 01:21:20,679
Speaker 14: be growth is on the labor government's proposals to pave

1768
01:21:20,800 --> 01:21:23,200
Speaker 14: over the entire country to build more houses for people

1769
01:21:23,240 --> 01:21:27,400
Speaker 14: who shouldn't be coming here in the first place, which

1770
01:21:27,479 --> 01:21:31,519
Speaker 14: will undoubtedly generate growth. You know, that will do it

1771
01:21:31,640 --> 01:21:34,000
Speaker 14: if they actually stick to their what they're planning to do.

1772
01:21:34,520 --> 01:21:36,439
Speaker 14: But it also seems to me that it won't be

1773
01:21:36,760 --> 01:21:38,000
Speaker 14: terribly good for the country.

1774
01:21:38,240 --> 01:21:40,599
Speaker 2: No, you started us by saying she's on a last legs.

1775
01:21:40,600 --> 01:21:42,680
Speaker 2: If she's on a last legs, who's a replacement?

1776
01:21:44,000 --> 01:21:48,240
Speaker 14: Well that that is their major problem. But there is

1777
01:21:48,439 --> 01:21:51,120
Speaker 14: talent on that labor front bench. You know, there's people

1778
01:21:51,200 --> 01:21:54,360
Speaker 14: like John Heaey at Defense, who's very very good West

1779
01:21:54,400 --> 01:21:58,519
Speaker 14: Streeting at health. That would be a canny move.

1780
01:21:58,640 --> 01:21:59,120
Speaker 2: You move.

1781
01:22:01,760 --> 01:22:04,400
Speaker 14: The closest challenger that we have at the moment to

1782
01:22:04,439 --> 01:22:08,800
Speaker 14: secure starma. We move him from the comparative ease of

1783
01:22:08,960 --> 01:22:12,400
Speaker 14: health to the Treasury and see if you can rescue

1784
01:22:12,680 --> 01:22:20,400
Speaker 14: the situation. So there are people there, but it's I

1785
01:22:20,520 --> 01:22:23,280
Speaker 14: don't know the mechanism by which Starmer could get rid

1786
01:22:23,320 --> 01:22:25,800
Speaker 14: of Reeves at the moment, beause is so closely tied

1787
01:22:25,840 --> 01:22:29,280
Speaker 14: to her. But one assumes that it can't be that long.

1788
01:22:29,520 --> 01:22:35,280
Speaker 14: Perhaps the next growth figures, perhaps perhaps when National Insurance

1789
01:22:35,320 --> 01:22:39,040
Speaker 14: comes into bite in April, then we will see the

1790
01:22:39,120 --> 01:22:40,080
Speaker 14: true catastrophe.

1791
01:22:40,400 --> 01:22:42,439
Speaker 2: Always a pleasure might catch up next week roder Little

1792
01:22:42,439 --> 01:22:44,479
Speaker 2: and Britain just before we leave Heathrow. By the way,

1793
01:22:44,520 --> 01:22:47,400
Speaker 2: it's official, they had a counter tier of people had

1794
01:22:47,439 --> 01:22:49,479
Speaker 2: a look at the fire. There is no evidence to

1795
01:22:49,560 --> 01:22:53,240
Speaker 2: seduce anything was dodgy. It was just a substation that

1796
01:22:53,280 --> 01:22:55,679
Speaker 2: blew up. The remaind questions, of course about what Pethrow

1797
01:22:55,720 --> 01:22:57,720
Speaker 2: should have done, the fact they were reliant on one

1798
01:22:57,760 --> 01:22:59,639
Speaker 2: pass or so, all those sort of questions still remain

1799
01:22:59,720 --> 01:23:03,679
Speaker 2: very much. But as to the nefarious activity or suggestion

1800
01:23:03,880 --> 01:23:07,600
Speaker 2: of came to nothing. Eight forty five The Like.

1801
01:23:07,680 --> 01:23:12,040
Speaker 1: Asking Breakfast Full Show podcast on iHeartRadio Howard By News

1802
01:23:12,080 --> 01:23:12,640
Speaker 1: Talks that Be.

1803
01:23:13,760 --> 01:23:16,080
Speaker 2: Mike heard you talking about gut health yesterday morning. We

1804
01:23:16,240 --> 01:23:19,120
Speaker 2: educated across New Zealand about the impact of gut microbiome

1805
01:23:19,200 --> 01:23:21,479
Speaker 2: on physical and mental well being. The gut brain access

1806
01:23:21,640 --> 01:23:24,479
Speaker 2: is an essential tool for combating the current mental health crisis.

1807
01:23:24,600 --> 01:23:27,760
Speaker 2: More people need to understand the implications of their gut health.

1808
01:23:27,800 --> 01:23:29,920
Speaker 2: Everyone has a gut so that democracy is fairly broad.

1809
01:23:30,400 --> 01:23:33,719
Speaker 2: Alice appreciate it. The gut foundation of New Zealand cannot

1810
01:23:34,479 --> 01:23:38,360
Speaker 2: spook advocate for gut health more. Very pleased also to

1811
01:23:38,400 --> 01:23:40,760
Speaker 2: read yesterday. I was sort of at this time talking

1812
01:23:40,800 --> 01:23:45,200
Speaker 2: to Steve, just out loud, being frustrated at what's happening

1813
01:23:45,280 --> 01:23:48,479
Speaker 2: to Australia, the Australian economy, the Australian country, with the

1814
01:23:48,840 --> 01:23:52,720
Speaker 2: politicians just literally trying to outbid each other, with an

1815
01:23:52,720 --> 01:23:55,880
Speaker 2: economy that doesn't have the money and can't handle it.

1816
01:23:55,960 --> 01:23:57,760
Speaker 2: But a very good piece of writing if you want

1817
01:23:57,800 --> 01:24:00,320
Speaker 2: to read it in The Australian and the City Herald,

1818
01:24:00,360 --> 01:24:03,160
Speaker 2: Albanese indutting bidding to buy your vote with no regard

1819
01:24:03,200 --> 01:24:05,479
Speaker 2: for the price. Australians are about to be invited to

1820
01:24:05,520 --> 01:24:07,439
Speaker 2: an auction, which is literally what it was and.

1821
01:24:07,520 --> 01:24:08,040
Speaker 10: What I mean.

1822
01:24:08,360 --> 01:24:11,360
Speaker 2: Obviously, time will tell as to whether people get sucked

1823
01:24:11,400 --> 01:24:13,479
Speaker 2: in by that or whether people maybe people just don't

1824
01:24:13,520 --> 01:24:16,720
Speaker 2: care anymore. Maybe COVID has changed us all forever. We

1825
01:24:16,920 --> 01:24:19,479
Speaker 2: went to work from home, we took some extra days off.

1826
01:24:19,840 --> 01:24:21,680
Speaker 2: Government can run up any amount of debt they want.

1827
01:24:21,680 --> 01:24:23,960
Speaker 2: Who cares is not our problem anymore. The tax argument,

1828
01:24:24,000 --> 01:24:26,800
Speaker 2: they write, the tax argument means hiding some ugly facts

1829
01:24:26,800 --> 01:24:29,600
Speaker 2: from Australia because the nation's finances are two week to

1830
01:24:29,640 --> 01:24:32,519
Speaker 2: sustain an election, spendeth on worse. Both sides dodge the

1831
01:24:32,640 --> 01:24:36,200
Speaker 2: truth worth misinformation. The debt rises to nine hundred and

1832
01:24:36,240 --> 01:24:38,000
Speaker 2: forty billion this year, keeps growing to one point two

1833
01:24:38,000 --> 01:24:40,479
Speaker 2: trillion by June of twenty nine. Does anybody care? As

1834
01:24:40,520 --> 01:24:43,800
Speaker 2: the questions aplicable here, It's applicable in Australia, certainly applicable

1835
01:24:43,800 --> 01:24:48,200
Speaker 2: in places like America. Equally, I read this morning with

1836
01:24:48,240 --> 01:24:52,840
Speaker 2: a great ilementrist The Australian Labor Party compensated bloggers social

1837
01:24:52,960 --> 01:24:56,320
Speaker 2: media influences for their expenses to come to Canberra. So

1838
01:24:56,400 --> 01:24:59,360
Speaker 2: first of all, they invited these bloggers to Canberra for

1839
01:24:59,439 --> 01:25:01,840
Speaker 2: budget time. So come to Canberra and come to the

1840
01:25:01,880 --> 01:25:03,280
Speaker 2: lock up and have a look at what we're doing

1841
01:25:03,360 --> 01:25:05,120
Speaker 2: and then post it out on you on you with.

1842
01:25:05,160 --> 01:25:07,519
Speaker 2: They had a sports where brand ambassador, they had a

1843
01:25:07,640 --> 01:25:11,240
Speaker 2: charity founder, they had some Instagram finance advisors, they had

1844
01:25:11,280 --> 01:25:15,679
Speaker 2: a left wing feminist influencer. The party provided quote unquote

1845
01:25:15,720 --> 01:25:17,800
Speaker 2: logistical support. In other words, they paid their air fares.

1846
01:25:18,080 --> 01:25:22,720
Speaker 2: They didn't pay them per se, but they reimburse the expenses.

1847
01:25:23,439 --> 01:25:27,200
Speaker 2: Thirteen in all people invited to report on the budget

1848
01:25:27,280 --> 01:25:31,040
Speaker 2: selected by the party and the government ministers. Now, next person,

1849
01:25:31,080 --> 01:25:32,479
Speaker 2: I get on high up in this government. I'm going

1850
01:25:32,560 --> 01:25:34,519
Speaker 2: to ask whether they do this here because that strikes

1851
01:25:34,600 --> 01:25:37,519
Speaker 2: me as dodgy. Does that strike you as dodgy to

1852
01:25:38,439 --> 01:25:41,040
Speaker 2: say we'll pay your air fare, we'll put you up,

1853
01:25:41,880 --> 01:25:44,000
Speaker 2: we'll probably buy your can a coca and a sandwich,

1854
01:25:44,400 --> 01:25:46,880
Speaker 2: Come into the lock up and just you know, get

1855
01:25:46,960 --> 01:25:48,840
Speaker 2: out to your people and tell us what you think. Now,

1856
01:25:48,880 --> 01:25:52,679
Speaker 2: if you've chosen them, that's different to you a random

1857
01:25:52,760 --> 01:25:55,720
Speaker 2: poll of twenty bloggers. You might, you might go fair enough.

1858
01:25:56,400 --> 01:25:59,160
Speaker 2: You choose them, you're choosing the content. So it's like

1859
01:25:59,400 --> 01:26:02,280
Speaker 2: them ringing me and saying, Mike, we'll pay your airfe

1860
01:26:02,320 --> 01:26:04,759
Speaker 2: at a Wellington and we'll take you out to dinner.

1861
01:26:05,640 --> 01:26:08,040
Speaker 2: Come sit in the lock up and then you just

1862
01:26:08,120 --> 01:26:09,000
Speaker 2: tell people what you think.

1863
01:26:09,160 --> 01:26:13,000
Speaker 17: Eventually, the bigger question is I can't believe thirteen people

1864
01:26:13,160 --> 01:26:14,799
Speaker 17: said yes, I would like to go to Canberra.

1865
01:26:14,840 --> 01:26:15,120
Speaker 14: Please.

1866
01:26:15,520 --> 01:26:18,280
Speaker 2: Have you not met an influencer? They would go to

1867
01:26:18,400 --> 01:26:21,519
Speaker 2: the opening of an envelope nine away from nine.

1868
01:26:21,760 --> 01:26:26,320
Speaker 1: The make Hosking breakfast with a Vita Retirement Communities news

1869
01:26:26,360 --> 01:26:27,160
Speaker 1: togs had been.

1870
01:26:27,080 --> 01:26:29,040
Speaker 2: Are the averages came out yesterday from I think the

1871
01:26:29,080 --> 01:26:32,880
Speaker 2: Stats Department average. You know, are we average hourly average wage.

1872
01:26:32,880 --> 01:26:35,320
Speaker 2: If you're in a full time worker, your average hourly

1873
01:26:35,520 --> 01:26:38,200
Speaker 2: rate in this country's forty two to fifty seven, which

1874
01:26:38,240 --> 01:26:40,400
Speaker 2: would mean you earning eighty eight thousand, five hundred dollars

1875
01:26:40,479 --> 01:26:42,840
Speaker 2: on average. Average homes now worth nine hundred and twelve

1876
01:26:43,200 --> 01:26:45,840
Speaker 2: nine hundred and four dollars. If you're a first time buyer,

1877
01:26:45,880 --> 01:26:48,800
Speaker 2: the average mortgage is five hundred and fifty thousand dollars.

1878
01:26:49,439 --> 01:26:52,160
Speaker 2: Average mortgage generally, if you're not a first time buyer,

1879
01:26:52,240 --> 01:26:54,880
Speaker 2: just overall average three hundred and eighteen, one hundred and

1880
01:26:54,880 --> 01:26:55,639
Speaker 2: fifty one. That it's not bad?

1881
01:26:55,720 --> 01:26:55,800
Speaker 11: Is it?

1882
01:26:55,880 --> 01:26:57,800
Speaker 2: That the average house is worth nine hundred and twelve thousand,

1883
01:26:57,840 --> 01:26:59,519
Speaker 2: the average mortgage three You own two thirds, But that's

1884
01:26:59,560 --> 01:27:05,080
Speaker 2: not bad. Average weekly insurance fifty three dollars seventy doesn't

1885
01:27:05,080 --> 01:27:07,280
Speaker 2: seem much, does it? Fifty bucks a week, two hundred

1886
01:27:07,280 --> 01:27:09,280
Speaker 2: dollars a month, couple of thousand dollars a year for insurance.

1887
01:27:10,200 --> 01:27:16,160
Speaker 2: Average savings account's got sixteen grand in it. It is

1888
01:27:16,240 --> 01:27:17,639
Speaker 2: five minutes away from nine.

1889
01:27:18,400 --> 01:27:23,080
Speaker 1: Trending now qui chemist Wouse, the home of big brand Ftalmens.

1890
01:27:23,520 --> 01:27:27,040
Speaker 2: This morning, we have news from the Marvel Cinematic Universe

1891
01:27:27,280 --> 01:27:29,960
Speaker 2: they're announcing the cast of the next edition of the

1892
01:27:30,080 --> 01:27:34,960
Speaker 2: Avengers series. This is Avengers Doomsday now. It's on Marvel's

1893
01:27:34,960 --> 01:27:37,960
Speaker 2: social channels, and it's been going on for a long time.

1894
01:27:38,000 --> 01:27:39,479
Speaker 2: Apparently it's been going Is that right? Is that what

1895
01:27:39,560 --> 01:27:42,560
Speaker 2: I'm meaning? Something just goes on and there is no

1896
01:27:42,760 --> 01:27:44,880
Speaker 2: noise or is no announcement. So what you're getting is

1897
01:27:44,960 --> 01:27:49,280
Speaker 2: a slow pan of the camera across chairs, and on

1898
01:27:49,400 --> 01:27:52,640
Speaker 2: those chairs are the cast members' names. So that's a

1899
01:27:52,760 --> 01:27:55,080
Speaker 2: cheap way of announcing the cast, I suppose, because they

1900
01:27:55,120 --> 01:27:57,120
Speaker 2: didn't want to anyway. This is the sound that you're hearing.

1901
01:27:59,360 --> 01:28:02,000
Speaker 2: So just imagine if camera scares a game from left

1902
01:28:02,040 --> 01:28:05,599
Speaker 2: to right or right to left. Initially, well, it goes back,

1903
01:28:05,640 --> 01:28:07,960
Speaker 2: doesn't it. It starts how left to right, goes right

1904
01:28:08,000 --> 01:28:10,080
Speaker 2: to left. No, it goes left to right, yep, and

1905
01:28:10,160 --> 01:28:11,720
Speaker 2: then stays that way and then just starts again.

1906
01:28:11,720 --> 01:28:13,599
Speaker 17: It goes out to right just if so often another

1907
01:28:13,720 --> 01:28:15,840
Speaker 17: cheer sort of comes into frame.

1908
01:28:16,120 --> 01:28:19,719
Speaker 2: It's like that program Severance, is it? Severance? I started

1909
01:28:19,760 --> 01:28:22,080
Speaker 2: watching that last night of You did No, No, No,

1910
01:28:22,320 --> 01:28:26,680
Speaker 2: Let me finish on the recommendation of our son, who

1911
01:28:26,760 --> 01:28:28,720
Speaker 2: I said to Katie must never be listened to for

1912
01:28:28,840 --> 01:28:31,640
Speaker 2: televisual recommendations. We sat down and start watching Severance and

1913
01:28:31,640 --> 01:28:33,680
Speaker 2: the woman tried to leave the building, but then when

1914
01:28:33,680 --> 01:28:35,640
Speaker 2: she left the building, she hadn't left the building. She

1915
01:28:35,680 --> 01:28:37,559
Speaker 2: kept leaving the building and leaving the building, couldn't leave

1916
01:28:37,560 --> 01:28:40,840
Speaker 2: the building, which happens fairly early on an episode, at

1917
01:28:40,840 --> 01:28:42,879
Speaker 2: which point I stood up and said, this is complete

1918
01:28:43,040 --> 01:28:45,680
Speaker 2: crap and we are never listening to Josh on this

1919
01:28:45,840 --> 01:28:48,479
Speaker 2: ever again. She stayed. I think in the room for

1920
01:28:48,640 --> 01:28:50,320
Speaker 2: how long? I don't know because I went off to bed.

1921
01:28:50,400 --> 01:28:52,679
Speaker 2: But anyway, where was I. Who's in the Marvel universe?

1922
01:28:52,720 --> 01:28:55,360
Speaker 2: Who's in this as you listen to this? Hum Chris

1923
01:28:55,439 --> 01:29:01,920
Speaker 2: Hemsworth of Byron Bay, Paul Rudd, Flora. It's Pugh Kelsey Grammar.

1924
01:29:02,200 --> 01:29:06,120
Speaker 2: I like Kelsey Grammar. I interviewed Kelsey Grammar and I

1925
01:29:06,200 --> 01:29:07,560
Speaker 2: asked him, I sid in twenty years, what do you

1926
01:29:07,600 --> 01:29:08,880
Speaker 2: want to achieve? And he said, I want to rule

1927
01:29:08,920 --> 01:29:11,280
Speaker 2: the world. I thought, that's not a bad answer. I

1928
01:29:11,320 --> 01:29:15,479
Speaker 2: want to rule the world. David Harbor, Tom Hillston, Sir

1929
01:29:15,560 --> 01:29:21,040
Speaker 2: Patrick Stewart, Serrien mckallan, Allen Cumming, Ellen Cumming, I love

1930
01:29:21,560 --> 01:29:23,360
Speaker 2: until I saw him in the Scottish House of the

1931
01:29:23,439 --> 01:29:25,280
Speaker 2: Year Awards, and I thought, that's a strange thing for

1932
01:29:25,360 --> 01:29:28,120
Speaker 2: a Why is he doing that for a person that clever?

1933
01:29:28,160 --> 01:29:30,719
Speaker 2: Why are you doing the Scottish House of the Year awards? Anyway,

1934
01:29:30,800 --> 01:29:33,920
Speaker 2: that's the that's from the Marvel Cinema. Tom Marsden's just

1935
01:29:34,000 --> 01:29:37,720
Speaker 2: been Tom Marsden, He's been. I'm hoping you'd be there.

1936
01:29:38,160 --> 01:29:40,960
Speaker 17: Goodness, is there anybody who hasn't been a superhero? Now,

1937
01:29:41,040 --> 01:29:43,320
Speaker 17: if you haven't been, you must be feeling very left out.

1938
01:29:44,800 --> 01:29:47,680
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1939
01:29:47,840 --> 01:29:50,519
Speaker 1: news talks it'd be from six am week days, or

1940
01:29:50,600 --> 01:29:52,480
Speaker 1: follow the podcast on iHeartRadio.