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Speaker 1: New Zealand's home for trusted news and views, The Mic

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Speaker 1: Hosking Breakfast with the range Rover Villa designed to intrigue

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Speaker 1: and use togs, dead beings.

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Speaker 2: Well, you welcome today and you can sense authority that

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Speaker 2: might well revolutionize house and building. We've got the Reserve

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Speaker 2: Bank in their call of course and crunch a couple

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Speaker 2: of numbers run Just how big are export led with covery?

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Speaker 2: Appears to be politics? Wednesday after eight with Mike and Jinior,

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Speaker 2: Richard Arnold and Steve Price are abound to be awesome

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Speaker 2: as well, pasking Welcome to the day seven past six

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Speaker 2: now to give you an insight into just how hard

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Speaker 2: Christian Hawksby's job is today. Have a look at what

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Speaker 2: the shadow board says now. The Insidier has a monetary

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Speaker 2: policy shadow board. It's a bunch of economists and their

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Speaker 2: view as to what should be happening today. Some say

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Speaker 2: twenty five points once is fifty. Some say don't do

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Speaker 2: anything at all? How do you deal with that? These

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Speaker 2: are experts. They know what they're doing or do they so?

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Speaker 2: No matter what Christian does, some of them are going

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Speaker 2: to be going what nurs the thinking think about the

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Speaker 2: difference between fifty and nothing. I mean, fifty is a lot.

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Speaker 2: Fifty is things aren't good and we need to fire

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Speaker 2: the place up a bit. Nothing as well, things are

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Speaker 2: just where we want them? Are they where we want them?

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Speaker 3: No?

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Speaker 2: Is my answer, But then I'm not an economist. Most

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Speaker 2: of them say things like, boy, this is tricky. My

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Speaker 2: word isn't uncertainty the watch word of the day. And

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Speaker 2: it's through this murky mix of who the hell knows

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Speaker 2: what's going on? Christian has to wide and produce something

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Speaker 2: that will see us head into a half decent Christmas.

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Speaker 2: Of course, that's part of the mess we're in. There

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Speaker 2: is a lot of water to go under our beleagued

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Speaker 2: bridge before Christmas, and a number of decisions from the

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Speaker 2: Reserve Bank still to come along. Of course, with the

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Speaker 2: much dissected commentary what is twenty five or fifty or

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Speaker 2: nothing actually mean? What's old Christian thinking? Tell you this

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Speaker 2: for nothing? A big part of this equation is mood.

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Speaker 2: It's the same with the budget last week and this

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Speaker 2: depreciation measure. You've got to want to get amongst this.

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Speaker 2: You have to take your mortgage rate cut and do

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Speaker 2: something with it. You have to want to buy your

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Speaker 2: tractor or your ute and depreciate at twenty percent. If

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Speaker 2: you're in a funk and you're not spending, then depreciating

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Speaker 2: nothing is nothing and no one gains. Christian or Nicola

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Speaker 2: for that matter, can't do it all. At some point

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Speaker 2: we have to believe, we have to have our arm

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Speaker 2: t west, that we have to see of a little

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Speaker 2: bit of light. Most important factor in any economy is

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Speaker 2: us in mood. At some point a switch has to

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Speaker 2: go off, a decision has to be made, and better

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Speaker 2: days have to be looked forward to. So let's hope

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Speaker 2: today is part of that story.

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Speaker 4: Wow.

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Speaker 1: News of the world in ninety seconds.

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Speaker 2: The news of the nutterre in Liverpool and yesterday's tragedy.

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Speaker 5: We have arrested a fifty three year old month from

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Speaker 5: my Starby on suspicion of attempted murder, dangerous driving offenses

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Speaker 5: and driving whilst unfit through drugs. He remains in quested

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Speaker 5: in why.

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Speaker 2: He is being interviewed favorit of anngsters we saw on

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Speaker 2: our tics machine here yesterday over this white person detailed

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Speaker 2: that the police released at the time. PM isn't biting.

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Speaker 6: I think today is a day really thinking about all

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Speaker 6: those impacted by this something absolutely clear that we stand

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Speaker 6: with them.

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Speaker 2: Also in Britain a couple of things around kids Faraj

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Speaker 2: and reform onto offer tax breaks to have more of them.

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Speaker 2: The government are looking at lifting the two child welfare

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Speaker 2: capitals so they can hand out yet more benefits, which

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Speaker 2: of course is why labor are struggling and reform is booming.

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Speaker 7: It is unsmarring, it is disconnected through real live It.

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Speaker 8: Is in my view.

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Speaker 7: Unpatrioland in opinion involving Today suggesting that over half a

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Speaker 7: country thinks his leadership frankly is pointless.

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Speaker 2: Kings and Canada opening the parliament possibly offering a bit

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Speaker 2: of soft diplomacy over you know what.

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Speaker 4: The system of open global trade that, while not perfect,

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Speaker 4: has helped to deliver prosperity for Canadians for decades is changing.

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Speaker 2: Stateside, harbored are in for another bad week, lightest move

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Speaker 2: as all federal money has been kept.

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Speaker 9: The measures that they have taken to address these that

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Speaker 9: don't even hit the same people that they believe are

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Speaker 9: causing the problems. Why cut off research funding.

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Speaker 2: And in the war the Germans have up the long

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Speaker 2: range anti over missiles and how far Ukraine can fire

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Speaker 2: them which has not thrilled the Russians.

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Speaker 10: It makes us think again that a decision on a

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Speaker 10: allowing Ukraine to do what are once within certain limits,

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Speaker 10: which includes conducting strikes at aims on the Russian territory,

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Speaker 10: this decision have been taken a long time ago, but

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Speaker 10: kept secrets with you.

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Speaker 2: Finally, back in the UK, we've got a bloke suing

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Speaker 2: as employer for not giving him a pay rise. Small detail.

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Speaker 2: This blake's been on sickly for other fifteen years. His

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Speaker 2: name's Ian Ian. He went on mental health lead back

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Speaker 2: in two thousand and eight from IBM. He's still off

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Speaker 2: working twenty thirteen when he was diagnosed with leukemia. Now,

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Speaker 2: during the time, he struck a deal with the company

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Speaker 2: to pay him seventy five percent of his salary until

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Speaker 2: he retired. We're talking about one hundred and twenty three

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Speaker 2: thousand New Zealand dollars. He's tried twice to sue. He's

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Speaker 2: lost twice. He deserves a pay rise and the reason

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Speaker 2: he wasn't given one, he argues, is because of disability discrimination.

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Speaker 2: Judge threw it out twice. You since the third time

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Speaker 2: is not going to be any lucky. Arris the will

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Speaker 2: and might he actually speaking of the UK. Very good

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Speaker 2: news this morning from the IMF International Monetary Fund. They've

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Speaker 2: had to look at the UK economy and they're forecasting

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Speaker 2: to grow slightly more than previously expected. But the Chancellor's

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Speaker 2: gon to stick with her rules on tax and spinning

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Speaker 2: and that's a that's an open question. At the moment.

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Speaker 2: They did think one point two percent for the year.

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Speaker 2: They now think one point four. The economic recovery quote

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Speaker 2: unquote is underway. Twelve past six.

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

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Speaker 1: by News Talk Zippy.

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Speaker 2: More good news. China industrial profits rose three percent in April.

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Speaker 2: Is that good seem so? First four months of this

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Speaker 2: year industrial profits up one point four percent, So in

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Speaker 2: a single month three percent. So I think we'll take

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Speaker 2: that way week fifteen past six, right over from j

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Speaker 2: My Wilth Andrew Keller her good Wednesday morning. Yeah, morning, Mike,

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Speaker 2: how would you like to be Christian today?

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Speaker 11: Hey?

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Speaker 8: Well, it's his job.

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Speaker 2: Yeah, So Adian said that.

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Speaker 7: Yeah, we'll all be glued to the wires this afternoon

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Speaker 7: for the I suppose the monetary policy nerds like myself

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Speaker 7: out there not so much for what will widely expect

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Speaker 7: to be a twenty five basis point cut to the OCI.

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Speaker 7: But really it's the it's the content of the monetary

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Speaker 7: policy statement.

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Speaker 8: It's a full review.

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Speaker 7: So what are the fullcasts, what's the ocater, what's their view.

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Speaker 8: On the world now?

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Speaker 7: Now, Mike always find this interesting because there's always this

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Speaker 7: debate around what the ardand Z will do and what

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Speaker 7: they should do.

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Speaker 8: Now, they will, I.

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Speaker 7: Believe, as I said, sort of very much a consensus

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Speaker 7: called they'll they'll drop the OCR to three and a

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Speaker 7: quarter percent. I also think it's quite likely that they

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Speaker 7: will signal further easing will be appropriate. So STARD dependers ever,

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Speaker 7: which I think we can interpret is at least three

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Speaker 7: percent okay, particularly given the potential hit to global growth

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Speaker 7: from all the tariff disruptions that affects our major trading partners.

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Speaker 7: But after that sort of three in a quarter, that

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Speaker 7: potentially three percent. Views after that are a lot less aligned.

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Speaker 8: I mean, so what do we know?

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Speaker 7: We know the economic recovery is patchy, and that lends

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Speaker 7: weight to the argument for getting the OCR down expeditiously.

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Speaker 7: The pm IPSI services manufacturing, they aren't screaming frothy, are they?

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Speaker 7: Card transaction grad suspending. That's pretty anemic. Employment isn't strong.

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Speaker 7: We saw that surprising that the unemployment rate didn't go

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Speaker 7: up as much as we thought it would, but that

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Speaker 7: was really due to an unexpected move in the participation

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Speaker 7: rate private sector wages.

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Speaker 8: They aren't rising overly quickly. But here's the big butt though, Mike, the.

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Speaker 7: RBI and Z will have a wary eye on inflation,

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Speaker 7: creeping inflation because we saw evidence of this in the

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Speaker 7: selected price indexes and CPI inflation.

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Speaker 8: Just want to remind everyone out there.

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Speaker 7: CPI inflation is likely to edge back towards three percent

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Speaker 7: in the short term. And remember that's Christian's job, Mike,

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Speaker 7: Price stability is his job, that's the mandate. But at

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Speaker 7: my view, get the rate down to three percent over

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Speaker 7: the next two meetings of me being.

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Speaker 8: Then you can afford to sit and wait.

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Speaker 7: Then I was interested, Mike in the in the Budgets

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Speaker 7: Economic and Physical Update, Treasury have the forecast ninety day

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Speaker 7: rate falling to two point six percent between now and

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Speaker 7: two thousand and nine. That implies an OCR of well

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Speaker 7: under three percent. That was I thought interesting. But the

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Speaker 7: thing that what they could do make they could thread

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Speaker 7: the tricky needle of uncertainty by giving an alternative scenario,

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Speaker 7: so they could, yeah, where tariff implementation is onerous, has

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Speaker 7: a large impact on growth and factor in a lower

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Speaker 7: OCR in that scenario, so they could cover the bases

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Speaker 7: that way.

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Speaker 8: I think they might do that.

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Speaker 2: Okay, Well see, but that's the thing. So you're seeing

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Speaker 2: in the reporting season that any number of companies going

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Speaker 2: wouldn't have a clue. But he can't really afford to

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Speaker 2: do that, Kenny, and I think that's that's what makes

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Speaker 2: this job so tricky. So I hope he's well paid. Hey,

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Speaker 2: eighty five to ninety eight on the Conference Board, that

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Speaker 2: seems like a leap. Where where's all that coming from?

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Speaker 7: Yeah, So good rebound in US markets overnight after the

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Speaker 7: Memorial Day holiday, So the NASA's bounds well to almost

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Speaker 7: two and a half percent, actually, S and P five

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Speaker 7: hundred up over two percent, So picking up on the

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Speaker 7: good news that constructive announcement around.

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Speaker 8: The US EU trade talks.

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Speaker 7: But it's a big week for you a start, and

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Speaker 7: overnight we had consumer conference.

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Speaker 8: This is from the Conference Board survey.

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Speaker 7: Now that has been one of the surveys where we've

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Speaker 7: seen consumer confidence slumping and slumping a lot. And yeah,

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Speaker 7: it's bounced overnight. It's Princident ninety eight. That's a big lift.

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Speaker 7: So it sort of picked up on that pause and

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Speaker 7: tariff implementation. In other words, for as much as Trump

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Speaker 7: doesn't think this is affecting people, it is affecting people.

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Speaker 7: It had declined for five straight months. Expectations also surged

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Speaker 7: the in fact, the expectations consumer expectations had the largest

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Speaker 7: month of a month increase for that number, six two

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Speaker 7: thousand and nine. Just a couple of other things overnight,

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Speaker 7: my US treasury market getting lots of attention at the moment,

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Speaker 7: that US thirty year bond that had risen over five percent,

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Speaker 7: it's dropped below five percent.

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Speaker 8: Tenure hit four point six.

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Speaker 7: We know the US administration focus that that's also come

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Speaker 7: back a little bit as well, So that's a bit

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Speaker 7: of a positive.

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Speaker 8: And in video reporting after the close and that will

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Speaker 8: be closely watched.

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Speaker 2: One of the numbers, the.

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Speaker 7: Dal Jones is at forty two, three hundred and twenty

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Speaker 7: six except seven hundred and twenty three points one on

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Speaker 7: three quarter percent.

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Speaker 8: The S and P five hundred has said.

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Speaker 7: Over two percent game there five nine two oh and

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Speaker 7: the NASDAK nineteen thousand, one hundred and ninety three, up

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Speaker 7: two point four four percent. The Fortzy one hundred also

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Speaker 7: joined the glee It's up sixty points point six nine

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Speaker 7: percent eight seven seven eight. Then nick was up half

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Speaker 7: percent three seven thirty seven thousand, seven hundred and twenty

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Speaker 7: four shang.

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Speaker 8: Her Competent down six.

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Speaker 7: The Ossie's gained point five six percent yesterday, the A

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Speaker 7: six two hundred closing at eight four oh seven. The

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Speaker 7: nz NEX fifty gained point two eight percent thirty five

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Speaker 7: points twelve thousand.

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Speaker 8: Five hundred and eighty two.

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Speaker 7: The New Zealand dollar point five nine four seven on

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Speaker 7: the wholesale markets against the US point nine two three

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Speaker 7: oh against the ossie point five two four seven euro

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Speaker 7: point four four oh three pounds eighty five point eight

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Speaker 7: against the Japanese end gold is trading at three thousand,

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Speaker 7: three hundred and two dollars.

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Speaker 8: Break could come off a.

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Speaker 7: Little bit sixty three dollars and eighty three ten cents

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Speaker 7: and all eyes on the rb n Z ed at

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Speaker 7: two pm this afternoon.

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Speaker 2: Let us talk about it tomorrow. Go well, Jmiwealth dot

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Speaker 2: Co dot m Z the boring Oat Milk Company. I'm

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Speaker 2: interested in note milk these days because we've taken up

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Speaker 2: oat milk in our house. When I say we, it's

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Speaker 2: not me, but there are others in the house that

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Speaker 2: are into it, so I shake it up and put

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Speaker 2: it in the jug for the tea and the stuff.

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Speaker 2: So I've sort of become fascinated anyway, the boring oat

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Speaker 2: Milk company, they've cut a deal of thousand Woolworth supermarkets

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Speaker 2: in Australia, nine hundred and fifty three supermarkets, eighty metro locations,

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Speaker 2: so they're going to be supplying ninety five percent of

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Speaker 2: Woolworth sites in Australia. So you can't I aue with that.

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Speaker 2: News six twenty one here of News talk Z Boo the.

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Speaker 1: Well the Mike Hosking Breakfast Full Show podcast on iHeartRadio

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Speaker 1: powered by News Talks at B.

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Speaker 2: Brain Power's already flying. Mike oat milkeve it mainly seed oils.

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Speaker 2: Wouldn't think it would be allowed in your house. We

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Speaker 2: use it for another reason. I can't remember what the

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Speaker 2: reason is, but I'm told it's well worth doing. I

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Speaker 2: just follow instructions, Mike. The most important thing in economics

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Speaker 2: comes down to one thing. Confidence. It drives activity. When

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Speaker 2: it's on fire and burns activity when it's not. If

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Speaker 2: there's one thing our new fillin resis Governor has he

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Speaker 2: doesn't have all the garbage that Adrian All had with

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Speaker 2: mismanaging the economy. So he's already one step ahead. Well,

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Speaker 2: let's hope. So be fascinating to see what he says

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Speaker 2: and how he says it. Today, Mike, the B and

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Speaker 2: Z claim to have dropped interest rates ahead of the

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Speaker 2: OCR announcement today at less than one percent reduction. What

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Speaker 2: a joke. No, this is an important point you make,

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Speaker 2: John Banks. You've got to factor you're weighing too much weight.

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Speaker 2: We're putting too much weight on the cash rate. The

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Speaker 2: cash rate doesn't equate in completeness to what the banks are.

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Speaker 2: The banks are already baked in what's about to happen today,

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Speaker 2: So the cuts you see will not automatically equate to

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Speaker 2: what you get.

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Speaker 12: From the just just like petrol prices and oil.

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Speaker 2: Prices, very very similar. Business six twenty five.

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Speaker 1: Trending now Quit chemist Warehouse, Mayhem, megasale on now now.

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Speaker 2: Clarkson's farm News. Firstly, if you missed it, the latest

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Speaker 2: season has dropped in the past week. First four episodes around.

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Speaker 2: It's as good as ever. It really is enjoyable and

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Speaker 2: uplifting stuff. A report out this morning, Yes, Clarkson has

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Speaker 2: made an estimated of one hundred and sixty million pounds

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Speaker 2: from the first three seasons, so it's it's good coin

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Speaker 2: And a talking point of season four is a woman

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Speaker 2: called Harriet Cohen. Now she's a phil and farm hand

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Speaker 2: who turns up on the show. She turns up because

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Speaker 2: Caleb's away promoting this book. He's become a star. So

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Speaker 2: he's written books and he's on tour and he's doing

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Speaker 2: a show that part of it. They film it briefly.

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Speaker 2: It's quite funny. It's so British, it's unbelievably British watching him. Anyway,

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Speaker 2: she is amazing. And here she is trying to help

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Speaker 2: Clarkson put some track to forks on.

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Speaker 1: Drive forward?

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Speaker 8: Is that right?

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Speaker 1: Hell off?

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Speaker 13: A little bit come on?

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Speaker 1: Work too much down forward? Off a little bit off?

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Speaker 2: What you being off?

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Speaker 1: A tiny bit, A tiny bet, a bit more.

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Speaker 12: Right start, drive forward, till back, a bit back, tilt back.

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Speaker 11: Those are eyelashes and what she's doing.

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Speaker 8: Necessarily go to Jap.

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Speaker 1: Is that it?

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Speaker 14: Yeah, go go back?

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Speaker 13: Are fund Yeah?

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Speaker 15: Your proper tracts for the first time in your life.

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Speaker 2: Definitely not. Caleb came back in the episode, was watching

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Speaker 2: last night episode three, So she's left the show and

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Speaker 2: that's got a lot of people want to get back,

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Speaker 2: so the online petitions on and in that her arrival

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Speaker 2: is the subtlety and the brilliance of the program, So

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Speaker 2: they're going for a whole new demographic Caleb's away, who

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Speaker 2: do we get. We get a moderately attractive, really useful

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Speaker 2: woman on the farm to send out a whole lot

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Speaker 2: of subliminal messages to the audience to suddenly go, oh,

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Speaker 2: hang on, that's farming, that's young people, that's Britain, that's

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Speaker 2: modern Britain. And that is why Clarkson's Farm is just

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Speaker 2: a stroke of sheer broadcasting genius. You'll note also in

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Speaker 2: the series is a whole lot of subtleish social messages

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Speaker 2: infused into it as well, but as always, it is

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Speaker 2: well and truly worth watching. We mentioned inflation a moment ago.

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Speaker 2: If you put your prices up a lot, is that inflation?

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Speaker 11: Really?

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Speaker 2: Yes, it is. We're going to meet a bloke who's

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Speaker 2: doing exactly that.

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Speaker 1: Next, setting the agenda and talking the big issues the

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Speaker 1: Mic Hosking Breakfast with Bailey's Real Estate, your local experts

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Speaker 1: across residential, commercial and rural news. Togs Dad be But what.

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Speaker 2: Platform is Clarkson's farm on the answer, Steve is Amazon Prime,

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Speaker 2: which has also got mob Land. So it's almost worthless

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Speaker 2: sub these days, which is not often you can say

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Speaker 2: that Richard Arnold shorty stayed side back here at twenty

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Speaker 2: three to seven. Access to the ports of Auckland's about

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Speaker 2: to get more expensive to truckie seventy seven percent price hike.

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Speaker 2: This is on peak access, means you're paying about two

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Speaker 2: hundred and thirty dollars. The theory is it encourages off

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Speaker 2: peak use. They're trying to manipulate the traffic.

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Speaker 11: Here.

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Speaker 2: Roger Graves the Port of Auckland as CEO and is

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Speaker 2: back with us.

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Speaker 11: Roger, good morning, Good morning man.

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Speaker 2: Now my understanding is you messaged this then you said

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Speaker 2: to people, you know, shuffle, shuffle your entry to the

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Speaker 2: port around, and that hasn't worked as well as you

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Speaker 2: would have thought. Is that fear?

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Speaker 3: That is fair? We gave the advice of these price

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Speaker 3: rises over a year ago.

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Speaker 2: Okay, so people are going to freak out.

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Speaker 3: I think there's certain concern from the transfer detective. We

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Speaker 3: have bought one of the increases forward by six months,

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Speaker 3: and you're exactly right. We're trying to influence the time

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Speaker 3: of use within the city to assist in reducing congestion.

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Speaker 2: Is that easily done? Can you just go to a

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Speaker 2: trucking firm and so, by the way, we want you

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Speaker 2: in at five point fifteen in the morning instead of

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Speaker 2: two in the afternoon.

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Speaker 3: Well, what we do is we do have booking slots.

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Speaker 3: But you know, it's the behavior both of the trucking

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Speaker 3: companies but also the cargo owners are opening up their

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Speaker 3: distribution centers that will allow us to achieve this goal.

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Speaker 3: And it's certainly a goal that the mayor is keen

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Speaker 3: for us to keep working towards.

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Speaker 2: I'm not surprised. Is there good will amongst all of

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Speaker 2: this and the people get it? Or are you the

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Speaker 2: bad guy?

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Speaker 8: Now?

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Speaker 3: I think the National Road Carriers have perhaps portrayed us

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Speaker 3: as the bad guys. You know, we've given them these

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Speaker 3: price rises. To put in context, are fifty dollars per container.

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Speaker 3: One of them happens in seven months time and one

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Speaker 3: of them happens in thirteen months time. So we've given

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Speaker 3: them a long lead time and we think that we're

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Speaker 3: taking the right direction to the port.

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Speaker 2: Is it about revenue or do you genuinely think you

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Speaker 2: can move traffic And if it doesn't move traffic, what

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Speaker 2: are you going to do?

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Speaker 3: Then? Well, Mike, we're going to continue to lift prices

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Speaker 3: and we've signaled that in order to do two things.

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Speaker 3: One move the congestion peak off to assist the city,

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Speaker 3: and secondly, we want to continue on our commitment to

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Speaker 3: deliver a fair return to the city. And the interesting

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Speaker 3: point about this is these charges and profit support may

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Speaker 3: go back to ratepayers a put down at pressure on rates.

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Speaker 2: Yeah, but that's only because you happen to be owned

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Speaker 2: by the council. If you won't owned by the council,

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Speaker 2: to be owned by a shareholder and the shareholder be

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Speaker 2: getting bigger dividends. So it's at the end of the day,

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Speaker 2: this is a big bottom line move. Do you think

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Speaker 2: or not.

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Speaker 3: It contributes towards our commitment to deliver thee hundred million

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Speaker 3: dollars profit that we've told the city that.

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Speaker 2: Do you think they'll pass it on? So you charge

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Speaker 2: more than somebody else passes on. Therefore it's inflationery.

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Speaker 3: I think what it does is that it does get

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Speaker 3: passed on, is no doubt about that. But as I said,

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Speaker 3: you contributing to downward pressure on rates helps. But secondly,

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Speaker 3: my fist was on a handling power ten power side.

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Speaker 3: It's just material amount of money.

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Speaker 2: Yeah, but that's always the argument. Isn't a little bit here,

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Speaker 2: a little bit there, and by the time everyone does

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Speaker 2: a little bit here and a little bit there, it's

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Speaker 2: inflationery and that's what we're trying to beat down, isn't it.

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Speaker 3: Well, we'll do our bit by contributing back to the city,

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Speaker 3: and the city will do that by keeping our aids

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Speaker 3: lower than they would have been otherwise.

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Speaker 2: The fact you're a monopoly this has got a touch

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Speaker 2: of the old Auckland airports about it, doesn't it.

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Speaker 3: Well, we're not a monopoly like many cargo owners choose

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Speaker 3: to take their cargo in and out through the port

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Speaker 3: of tone Iron or Northport, so a little different than

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Speaker 3: the airports.

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Speaker 2: Is that real? Though? If I'm suddenly coming into you guys,

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Speaker 2: and I'm a regular and suddenly you whack me with us,

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Speaker 2: am I suddenly going down to Towerong or up to Northland?

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Speaker 2: Because of this or I just suck it up.

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Speaker 3: Well, what we've noticed is actually a number of the

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Speaker 3: cargo owners have been coming to the port, and we've

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Speaker 3: grown by seven percent year on year in our container

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Speaker 3: body because of our proximity to the market.

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Speaker 2: How does this sit with you, personally? Hand on hard

427
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Speaker 2: boss of a port in an inflationary period, cost of

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Speaker 2: living crisis. Ye know, there's seventy seventy seventy seven percent

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Speaker 2: suck on that.

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Speaker 3: Well, I'll be honest with you. When I got to

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Speaker 3: the port, we were making a two two point five

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Speaker 3: percent return on equity for the city. The container terminal

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Speaker 3: was losing twenty five million a year and we're turning

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Speaker 3: that around. And I feel pretty comfortable about doing that.

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Speaker 2: Good stuff and nice to talk to you appreciate it.

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Speaker 2: Roger gray Port's of Aukland CEO, And there is your

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Speaker 2: classic problem with the New Zealand economy. So he is

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Speaker 2: answerable to the council, his owner, and he's going to

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Speaker 2: make more money and he's going to make more money

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Speaker 2: from you because he can. And isn't that what we're

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Speaker 2: trying to flex Eighteen minutes to seven.

442
00:20:02,440 --> 00:20:07,080
Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered

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Speaker 1: by News Talks.

444
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Speaker 2: B got a big night a footy of course, State

445
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446
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Speaker 2: tonight Queensland Maroons take on the New South Wales Blues.

447
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449
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Speaker 2: bet on. You've got time because kickoff is until five

458
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Speaker 2: minutes past ten tonight. You see on time, so don't

459
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Speaker 2: miss the State of Origin Game one Maroon Blues mav

460
00:20:46,480 --> 00:20:49,080
Speaker 2: mate State B State. Make an edge of the seat

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462
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463
00:20:54,320 --> 00:20:58,879
Speaker 2: eighteen bet responsibly pasking he might regarding the charges by

464
00:20:58,880 --> 00:21:01,480
Speaker 2: the ports driven by the work ideas of the Auckland

465
00:21:01,520 --> 00:21:05,000
Speaker 2: City Council and Wayne Brown is disgusting, Mike. These port

466
00:21:05,080 --> 00:21:07,359
Speaker 2: charges are nothing more than increasing revenue for the council.

467
00:21:07,840 --> 00:21:10,640
Speaker 2: These charges are inflationary and won't be passed on to ratepayers.

468
00:21:10,640 --> 00:21:12,840
Speaker 2: Of course they won't. Just a money grab. Could they

469
00:21:12,840 --> 00:21:14,520
Speaker 2: have done it with a booking system? If they really

470
00:21:14,520 --> 00:21:16,879
Speaker 2: want to manipulate the traffic, could they have just said, oh,

471
00:21:16,920 --> 00:21:18,400
Speaker 2: you want to come in and pick time, Sorry, we're

472
00:21:18,400 --> 00:21:20,240
Speaker 2: not taking books that day. We'll put you somewhere else.

473
00:21:20,280 --> 00:21:22,400
Speaker 2: You don't need to charge anymore. I think we can

474
00:21:22,440 --> 00:21:24,080
Speaker 2: see this for what it is, can't we?

475
00:21:24,359 --> 00:21:28,760
Speaker 16: Six forty five international correspondence with ends and eye insurance

476
00:21:28,880 --> 00:21:31,520
Speaker 16: peace of mind for New Zealand Business right cried.

477
00:21:31,320 --> 00:21:33,480
Speaker 2: Would morning to you, Mike?

478
00:21:33,680 --> 00:21:33,840
Speaker 16: Right?

479
00:21:33,960 --> 00:21:35,480
Speaker 2: Ukraine, where are.

480
00:21:35,400 --> 00:21:35,879
Speaker 8: We at with this?

481
00:21:36,480 --> 00:21:36,680
Speaker 13: Well?

482
00:21:36,680 --> 00:21:39,399
Speaker 17: It's looking pretty dangerous in some respect, isn't it? Not

483
00:21:39,440 --> 00:21:41,320
Speaker 17: that it hasn't been all along. But Trump is vamping

484
00:21:41,400 --> 00:21:44,240
Speaker 17: up his criticism of Putin with another statement posted a

485
00:21:44,240 --> 00:21:47,480
Speaker 17: short time ago in response to what we're seeing this

486
00:21:47,760 --> 00:21:50,840
Speaker 17: record number of Russian missile launchers against Ukraine in recent

487
00:21:50,840 --> 00:21:54,240
Speaker 17: oil It says Trump quote. What Vladimir Putin doesn't realize

488
00:21:54,280 --> 00:21:56,840
Speaker 17: is that if it weren't for me, lots of really

489
00:21:56,840 --> 00:21:59,600
Speaker 17: bad things would have already happened to Russia. And I

490
00:21:59,680 --> 00:22:03,400
Speaker 17: mean really bad. Well, caps he's playing with fire end quote.

491
00:22:03,600 --> 00:22:05,840
Speaker 17: So I'm saying Trump is about the last person on

492
00:22:05,920 --> 00:22:08,280
Speaker 17: planet Earth to realize this. The Murdoc and Wall Street

493
00:22:08,320 --> 00:22:11,439
Speaker 17: Journal says Putin is defying Trump. Former US ambassador at

494
00:22:11,440 --> 00:22:14,159
Speaker 17: a Moscow Mike McFall says it is direct.

495
00:22:14,400 --> 00:22:17,440
Speaker 18: Russians are mocking the President of the United States.

496
00:22:17,760 --> 00:22:21,359
Speaker 17: So far from Trump, it is only talk. Some hours ago,

497
00:22:21,800 --> 00:22:26,080
Speaker 17: as the latest Russian barrows began, Trump said of Putin

498
00:22:26,119 --> 00:22:28,159
Speaker 17: that he has gone absolutely crazy.

499
00:22:28,240 --> 00:22:30,440
Speaker 19: I'm not happy with what Putin's doing.

500
00:22:30,560 --> 00:22:32,000
Speaker 4: Is killing a lot of people, and.

501
00:22:31,960 --> 00:22:33,760
Speaker 19: I don't know what the hell happened to Putin.

502
00:22:33,800 --> 00:22:36,320
Speaker 14: I've known him a long time, always.

503
00:22:35,960 --> 00:22:39,360
Speaker 20: Gotten along with him. But he's sending rockets into cities

504
00:22:39,520 --> 00:22:42,359
Speaker 20: and killing people, and I don't like it at all.

505
00:22:42,400 --> 00:22:45,080
Speaker 17: In the past three days, Putin has fired into Ukraine

506
00:22:45,080 --> 00:22:48,800
Speaker 17: some thirteen hundred drones almost one hundred missiles. At least

507
00:22:48,840 --> 00:22:50,720
Speaker 17: thirty civilians have been killed. More of one hundred and

508
00:22:50,760 --> 00:22:54,840
Speaker 17: fifty people have been injured through attacks on civilian sites.

509
00:22:55,760 --> 00:22:58,240
Speaker 17: In response to the Trump criticism of Crimlin is suggesting

510
00:22:58,240 --> 00:23:02,400
Speaker 17: now that Trump is suffering from quote emotional overload. Tired

511
00:23:02,440 --> 00:23:05,359
Speaker 17: and emotional is he? When Russia began the war in Ukraine,

512
00:23:05,400 --> 00:23:08,919
Speaker 17: Trump called Putin a quote unquote genius. Now it is

513
00:23:08,960 --> 00:23:10,920
Speaker 17: Trump who seems to be left on the sideline. So

514
00:23:10,920 --> 00:23:12,840
Speaker 17: the White House now is putting out word that Trump

515
00:23:12,840 --> 00:23:16,920
Speaker 17: could move ahead with new sanctions on Russia, sanctions he

516
00:23:16,960 --> 00:23:19,639
Speaker 17: opposed when the Europeans urged him to do so. Just

517
00:23:19,720 --> 00:23:23,680
Speaker 17: last week, Democratic Senator Richard Blumenthal has joined Republican Senator

518
00:23:23,720 --> 00:23:26,560
Speaker 17: Lindsay Graham to back a sanctions bill that would include

519
00:23:26,800 --> 00:23:31,080
Speaker 17: a massive five hundred percent tariff on countries buying Russian energy.

520
00:23:31,119 --> 00:23:33,920
Speaker 17: More than eighty senators have signed onto this bipartisan bill

521
00:23:34,000 --> 00:23:39,040
Speaker 17: so far. Those countries affected include places like India and China.

522
00:23:39,119 --> 00:23:40,119
Speaker 6: So this is huge.

523
00:23:40,280 --> 00:23:42,800
Speaker 17: So if Trump has not signed on. Former Ambassador McFall

524
00:23:42,880 --> 00:23:45,000
Speaker 17: says Putin thinks Trump is weak.

525
00:23:45,200 --> 00:23:50,040
Speaker 18: His calculation is President Trump will eventually walk away. He'll

526
00:23:50,080 --> 00:23:54,720
Speaker 18: stop providing assistance Ukraine, and that's exactly what Vladimir Putin want.

527
00:23:54,840 --> 00:23:58,280
Speaker 17: Former NATO Commander General Whiz Clark says sanctions in his view,

528
00:23:58,280 --> 00:24:01,359
Speaker 17: and not enough. He says the Ukrainians will patriot anti

529
00:24:01,480 --> 00:24:03,560
Speaker 17: missile defenses and also.

530
00:24:03,600 --> 00:24:07,760
Speaker 21: Urge more US artillery in small arms.

531
00:24:08,200 --> 00:24:10,439
Speaker 17: Trump seems a long way from any of that, and

532
00:24:10,480 --> 00:24:12,880
Speaker 17: Ambassador McFall is saying.

533
00:24:12,800 --> 00:24:15,119
Speaker 18: I was just in Taiwan a couple months ago, and

534
00:24:15,240 --> 00:24:17,280
Speaker 18: let me tell you, the people on the island of

535
00:24:17,280 --> 00:24:22,120
Speaker 18: Taiwan are watching very closely, because if we abandon Ukraine today,

536
00:24:22,520 --> 00:24:25,560
Speaker 18: what's to say we won't abandon other friends, allies and

537
00:24:25,600 --> 00:24:26,440
Speaker 18: partners tomorrow.

538
00:24:26,480 --> 00:24:29,840
Speaker 17: With the US dithering, Germany's new Chancellor, Heredrich Mattz is

539
00:24:30,240 --> 00:24:33,240
Speaker 17: making his country a stronger force in noto. He's just

540
00:24:33,280 --> 00:24:36,280
Speaker 17: traveled off to Lithuania to activate a German tank brigade

541
00:24:36,280 --> 00:24:38,120
Speaker 17: there to serve as some kind of line against any

542
00:24:38,160 --> 00:24:41,800
Speaker 17: Russian invasion that might happen through Belarus. This is the

543
00:24:41,880 --> 00:24:44,920
Speaker 17: first fully armored German brigade on foreign soil since World

544
00:24:45,000 --> 00:24:48,320
Speaker 17: War II. Germany also has lifted the ban on Ukraine

545
00:24:48,400 --> 00:24:51,480
Speaker 17: firing Western weapons further into Russia. Removed that Moscow is

546
00:24:51,520 --> 00:24:55,960
Speaker 17: calling today very dangerous? Will Ukraine strike targets deep inside Russia?

547
00:24:56,080 --> 00:24:59,040
Speaker 17: Would Russia deploy nukes in response? The former NATO biss

548
00:24:59,119 --> 00:25:00,600
Speaker 17: General Clark is saying.

549
00:25:00,560 --> 00:25:04,159
Speaker 21: Putin hasn't slacked off. He's doing everything he can, I

550
00:25:04,200 --> 00:25:07,800
Speaker 21: think to intensify this, while at the same time posturing

551
00:25:07,840 --> 00:25:13,200
Speaker 21: forces to be prepared to go into Belarus, through Belarus

552
00:25:13,200 --> 00:25:18,800
Speaker 21: and into Lithuania or northeast Poland by autumn.

553
00:25:19,280 --> 00:25:23,200
Speaker 17: That's the threat Lithuania, Poland NATO members, and NATO's Article five,

554
00:25:23,240 --> 00:25:26,720
Speaker 17: of course, would require all NATO members to join together

555
00:25:26,840 --> 00:25:28,400
Speaker 17: and respond to any ITTA.

556
00:25:28,520 --> 00:25:30,159
Speaker 2: So you're in front of my Richard Darnold said, so

557
00:25:30,320 --> 00:25:33,160
Speaker 2: just before we leave America, weird goings on in Massachusetts.

558
00:25:33,440 --> 00:25:36,560
Speaker 2: Senate Majority Leader Cynthia stone Cream is eighty two and

559
00:25:36,600 --> 00:25:39,840
Speaker 2: a Democrat. She wants to set limits on the use

560
00:25:39,880 --> 00:25:43,719
Speaker 2: of your private vehicle. Filed legislation based on law she

561
00:25:43,880 --> 00:25:46,399
Speaker 2: says have been adopted in Colorado Minnesota. So we'll look

562
00:25:46,400 --> 00:25:48,919
Speaker 2: into that and report back Tomorroncy whether any of that's true.

563
00:25:49,480 --> 00:25:53,680
Speaker 2: Reducing vehicle miles while addressing environmental concerns. It's the usual thing,

564
00:25:54,160 --> 00:25:56,240
Speaker 2: and because of course, the obvious question is how on

565
00:25:56,280 --> 00:25:59,399
Speaker 2: earth would you do this? Interagency coordinating counsel is what

566
00:25:59,440 --> 00:26:01,880
Speaker 2: she wants, similar to the existing Coordinating Council for rev

567
00:26:02,000 --> 00:26:04,440
Speaker 2: charging infrastructure, to come up with a whole of government

568
00:26:04,480 --> 00:26:07,040
Speaker 2: plan to reduce vehicle miles traveled and to increase access

569
00:26:07,080 --> 00:26:11,520
Speaker 2: to transportation options other than personal vehicles. Weird place ten

570
00:26:11,560 --> 00:26:13,200
Speaker 2: minutes away from eight except.

571
00:26:13,359 --> 00:26:17,160
Speaker 1: The Mike asking breakfast with the range rover Villa news.

572
00:26:17,000 --> 00:26:19,600
Speaker 2: Togs DV can't PORTAITI containers a year through the ports

573
00:26:19,600 --> 00:26:21,639
Speaker 2: of Auckland. The full price increase for cartage will be

574
00:26:21,680 --> 00:26:23,640
Speaker 2: added to a cost of my business. Course it will

575
00:26:23,640 --> 00:26:25,520
Speaker 2: I don't. I don't think anyone argues, well, that might

576
00:26:25,560 --> 00:26:27,240
Speaker 2: be write the ports are making more money out of

577
00:26:27,280 --> 00:26:29,400
Speaker 2: us being in the transport sector. A lot of distribution

578
00:26:29,560 --> 00:26:32,720
Speaker 2: centers at booking times for delivery, coordinating the trucks to

579
00:26:32,760 --> 00:26:35,520
Speaker 2: meet these as a nightmare. Trucks end up sitting around

580
00:26:35,520 --> 00:26:37,680
Speaker 2: waiting for these. Then you need more drivers to cover

581
00:26:37,720 --> 00:26:39,440
Speaker 2: these trucks that are tied up for longer and doing

582
00:26:39,520 --> 00:26:41,919
Speaker 2: less work, so inefficient, and the food prices go up.

583
00:26:41,920 --> 00:26:44,800
Speaker 2: Mike rang my local Ford dealer. I hope this is true.

584
00:26:44,840 --> 00:26:47,400
Speaker 2: Murray to see if I can upgrade my ute for work.

585
00:26:47,720 --> 00:26:52,080
Speaker 2: They said they've been swamped, swamped with people inquiring about

586
00:26:52,080 --> 00:26:54,600
Speaker 2: buying vehicles because of this. Twenty percent rebate from the

587
00:26:54,600 --> 00:26:57,680
Speaker 2: budget last week. That's encouraging Mike, state of state, state

588
00:26:57,720 --> 00:27:01,280
Speaker 2: of origin, State v. State v Mate run it straight

589
00:27:01,280 --> 00:27:04,639
Speaker 2: while holding a bull It's my point, Richie Barnett's will

590
00:27:04,680 --> 00:27:07,120
Speaker 2: us after seven o'clock this morning, all this angst, Why

591
00:27:07,119 --> 00:27:09,160
Speaker 2: do we angst so much? Which is not to say

592
00:27:09,160 --> 00:27:12,399
Speaker 2: what happened isn't a tragedy, because it is, obviously, But

593
00:27:13,240 --> 00:27:16,080
Speaker 2: this has been going on since time immemorial. Every single

594
00:27:16,119 --> 00:27:18,320
Speaker 2: one of us has played bull rush. Every single one

595
00:27:18,320 --> 00:27:21,600
Speaker 2: of us has run at somebody head down, bum up,

596
00:27:21,800 --> 00:27:24,080
Speaker 2: set to go. It's what happens. Doesn't make it right,

597
00:27:24,160 --> 00:27:26,919
Speaker 2: doesn't make it smart, doesn't make it clever. It just

598
00:27:26,960 --> 00:27:30,040
Speaker 2: doesn't need the endless amount of angst and handringing on

599
00:27:30,119 --> 00:27:34,080
Speaker 2: the media from people and organized NGOs and groups and

600
00:27:34,080 --> 00:27:36,920
Speaker 2: whoever else. They are looking to ban everything in life.

601
00:27:37,000 --> 00:27:40,680
Speaker 2: Five minutes away from seven, all the ins and the ouse.

602
00:27:41,000 --> 00:27:45,120
Speaker 1: It's the fizz with business favor take your business productivity

603
00:27:45,200 --> 00:27:46,159
Speaker 1: to the next level.

604
00:27:46,240 --> 00:27:50,440
Speaker 2: Housing news from Brands Brands Builds Insights Dashboard. This is

605
00:27:50,480 --> 00:27:53,000
Speaker 2: from the building and construction sector. Eighty six percent of

606
00:27:53,080 --> 00:27:55,480
Speaker 2: new homeowners have had to call a trading back to

607
00:27:55,480 --> 00:27:58,760
Speaker 2: make some sort of fix. A big reason as to

608
00:27:58,760 --> 00:28:01,080
Speaker 2: our new homeowner is satisfied. Actions dropped has gone from

609
00:28:01,080 --> 00:28:03,560
Speaker 2: eighty nine percent back in twenty seventeen to eighty one

610
00:28:03,600 --> 00:28:05,920
Speaker 2: percent and twenty twenty three, twenty twenty three of the

611
00:28:06,000 --> 00:28:08,280
Speaker 2: latest figures we have so eighty nine down to eighty one.

612
00:28:09,560 --> 00:28:13,000
Speaker 2: Who are these tradees ay? Who are the useless ones?

613
00:28:14,080 --> 00:28:16,440
Speaker 2: Painters chop of the list? Fifty percent of the time

614
00:28:16,440 --> 00:28:19,280
Speaker 2: they were called back because ob an install a related defect.

615
00:28:19,280 --> 00:28:22,120
Speaker 2: Carpenter's next forty five percent. Forty five percent of carpenters

616
00:28:22,119 --> 00:28:26,119
Speaker 2: came back, Plumbers thirty one percent, Electricians twenty nine percent.

617
00:28:26,200 --> 00:28:28,280
Speaker 2: Lot of that lot of the electricians are that stuff

618
00:28:28,280 --> 00:28:29,919
Speaker 2: that didn't work, Like you put your light switch in.

619
00:28:29,920 --> 00:28:32,240
Speaker 2: That was the light switch that was boldly not the electrician.

620
00:28:33,119 --> 00:28:35,119
Speaker 2: Concrete layers only twenty three percent of the time. The

621
00:28:35,160 --> 00:28:37,240
Speaker 2: plaster was twenty three, the floor is twenty, the roof

622
00:28:37,280 --> 00:28:40,920
Speaker 2: for eighteen. Tyler's sixteen the glazy of fourteen. Hard to

623
00:28:40,920 --> 00:28:42,920
Speaker 2: get a window wrong, I've said that for years. Very

624
00:28:42,920 --> 00:28:45,160
Speaker 2: hard to get a window wrong. But the painting I'm

625
00:28:45,200 --> 00:28:47,160
Speaker 2: not impressed with Phil, my painter wouldn't be like that.

626
00:28:47,200 --> 00:28:50,040
Speaker 2: Filed been with me for years, never called them back once.

627
00:28:50,480 --> 00:28:52,000
Speaker 2: All I ever do is text them and call them,

628
00:28:52,000 --> 00:28:53,600
Speaker 2: tell them what a wonderful job he's done. Back in

629
00:28:53,600 --> 00:28:56,840
Speaker 2: twenty seventeen, seventy percent of new homeowners said they were

630
00:28:56,880 --> 00:28:58,920
Speaker 2: likely to recommend their builder to somebody else. What's that

631
00:28:58,960 --> 00:29:02,440
Speaker 2: drop to sixty one seventy down to sixty one thirty

632
00:29:02,480 --> 00:29:06,640
Speaker 2: two percent? Now wouldn't even bother that's gone up. Obviously,

633
00:29:07,720 --> 00:29:10,800
Speaker 2: consenting the longest time to get a consent. And this

634
00:29:10,840 --> 00:29:12,560
Speaker 2: is interesting because we've got a story with us the

635
00:29:12,560 --> 00:29:14,680
Speaker 2: construction min it's a Chrispink. Whether shortly this is going

636
00:29:14,760 --> 00:29:17,360
Speaker 2: to change. Longest period of time for consenters in the

637
00:29:17,360 --> 00:29:22,760
Speaker 2: Wykatto average of nineteen days, Auckland sixteen days, eleven for

638
00:29:22,880 --> 00:29:25,320
Speaker 2: christ Church, Cartertan or Buller. This is where you want

639
00:29:25,320 --> 00:29:28,360
Speaker 2: to go, Carterton five days on average, or bull of

640
00:29:28,400 --> 00:29:31,040
Speaker 2: five days five days. You go in Monday, you're building

641
00:29:31,080 --> 00:29:34,080
Speaker 2: by Saturday. That's my kind of area, and you get

642
00:29:34,120 --> 00:29:36,560
Speaker 2: to live in Carterton and you get to live in Carterton.

643
00:29:36,880 --> 00:29:38,880
Speaker 2: By the way, As I mentioned Chris Pink. So what's

644
00:29:38,920 --> 00:29:41,200
Speaker 2: happening today? This could be a game change as far

645
00:29:41,200 --> 00:29:43,480
Speaker 2: as I can work out forget the council. This is

646
00:29:43,520 --> 00:29:46,560
Speaker 2: a private company that's going to give you consent. It's

647
00:29:46,560 --> 00:29:49,640
Speaker 2: applicable nationwide. If you can do it through a private

648
00:29:49,680 --> 00:29:52,480
Speaker 2: company backed by the government, Why would you ever go

649
00:29:52,560 --> 00:29:55,200
Speaker 2: to the council again? Aren't they good words? Why would

650
00:29:55,280 --> 00:29:57,240
Speaker 2: you ever go to the council again?

651
00:29:58,480 --> 00:30:01,480
Speaker 1: The breakfast show kiwis for us to stay in the know,

652
00:30:01,960 --> 00:30:06,440
Speaker 1: the Mike hosting Breakfast with a Vida, Retirement, Communities, Life

653
00:30:06,600 --> 00:30:07,960
Speaker 1: Your Way News togs.

654
00:30:07,760 --> 00:30:10,200
Speaker 2: Had been seven past seven, so reserved bank day to day.

655
00:30:10,200 --> 00:30:12,800
Speaker 2: Of course, given our straightened economic circumstances, we have the

656
00:30:12,840 --> 00:30:15,440
Speaker 2: increased level of interest in one cut to the possibility

657
00:30:15,480 --> 00:30:17,920
Speaker 2: of more cuts than three. The commentary associated with the cut.

658
00:30:18,000 --> 00:30:20,280
Speaker 2: Mike Jones has been zi's chief economists back with us,

659
00:30:20,280 --> 00:30:23,440
Speaker 2: Mike morning, mording MI you at twenty five.

660
00:30:24,240 --> 00:30:26,600
Speaker 22: We are We're like, we're in the consensus. We're picking

661
00:30:26,800 --> 00:30:30,760
Speaker 22: twenty five and maybe at a small downgrade to the

662
00:30:30,800 --> 00:30:33,920
Speaker 22: bank's forecast of where they see the OCO going from here.

663
00:30:33,760 --> 00:30:37,560
Speaker 2: With twenty five more to come, Well, we think.

664
00:30:37,920 --> 00:30:40,680
Speaker 22: We might get two more twenty five point cuts after this,

665
00:30:40,760 --> 00:30:43,040
Speaker 22: so that takes the official gest rate down to two

666
00:30:43,320 --> 00:30:46,640
Speaker 22: seventy five. But I think for today, it's really going

667
00:30:46,720 --> 00:30:49,120
Speaker 22: to be how the bank frames up that outlook. And

668
00:30:49,480 --> 00:30:52,280
Speaker 22: what we've seen from central banks globally is that been

669
00:30:52,280 --> 00:30:55,000
Speaker 22: pretty reluctant to hate anything too firm about the future

670
00:30:55,040 --> 00:30:56,800
Speaker 22: given the environment, Now, how do you.

671
00:30:56,800 --> 00:30:59,760
Speaker 2: Make that call? So new governor temporary, but nevertheless a

672
00:30:59,760 --> 00:31:02,480
Speaker 2: new and a new personality does come from a committee.

673
00:31:02,520 --> 00:31:07,400
Speaker 2: But given everyone's reluctant to say anything specific, why would

674
00:31:07,520 --> 00:31:08,440
Speaker 2: we expect them to.

675
00:31:10,040 --> 00:31:11,880
Speaker 22: I don't think they will, you know, I think it's

676
00:31:12,400 --> 00:31:14,680
Speaker 22: probably enough for this meeting to the bank for the

677
00:31:14,720 --> 00:31:17,960
Speaker 22: Bank to simply deliver on the guidance that they've been

678
00:31:18,160 --> 00:31:20,520
Speaker 22: telling us, which is another twenty five point cut, and

679
00:31:20,560 --> 00:31:24,160
Speaker 22: then indicate that the general direction is still lower and

680
00:31:24,240 --> 00:31:25,960
Speaker 22: more or less leave it at that. I mean, that

681
00:31:26,320 --> 00:31:28,280
Speaker 22: seems to be the playbook off shore, and it allows

682
00:31:28,320 --> 00:31:30,920
Speaker 22: them just to take things as they come and turn

683
00:31:31,000 --> 00:31:33,680
Speaker 22: up to the next meeting and assess the layer of the

684
00:31:33,720 --> 00:31:34,400
Speaker 22: land at that point.

685
00:31:34,800 --> 00:31:37,720
Speaker 2: The shadow board, which I was reading yesterday, everything from

686
00:31:38,000 --> 00:31:40,280
Speaker 2: no move at all to twenty five by the bulk

687
00:31:40,440 --> 00:31:43,800
Speaker 2: two fifty. If the economists can't agree, how does the

688
00:31:43,840 --> 00:31:45,400
Speaker 2: Reserve Bank and how do we know they're right?

689
00:31:47,800 --> 00:31:52,360
Speaker 22: It's a fair question. I think it's probably that that

690
00:31:52,560 --> 00:31:55,280
Speaker 22: difference in opinion is indicative of where we are in

691
00:31:55,280 --> 00:31:57,800
Speaker 22: the cycle, which is, we're probably getting to the point

692
00:31:57,880 --> 00:31:59,840
Speaker 22: or getting to that low point where the bank might

693
00:32:00,320 --> 00:32:02,840
Speaker 22: stop cutting for a while, and if they's like the

694
00:32:02,920 --> 00:32:05,240
Speaker 22: lay of the land, and at those turning points, you

695
00:32:05,320 --> 00:32:07,920
Speaker 22: tend to get a bit more disagreement about what the

696
00:32:07,960 --> 00:32:10,920
Speaker 22: path from here will look like. And it just goes

697
00:32:10,960 --> 00:32:12,640
Speaker 22: back to what we just talked about, which is, I

698
00:32:12,640 --> 00:32:16,480
Speaker 22: think to give firm guidance at this point is difficult,

699
00:32:16,560 --> 00:32:19,400
Speaker 22: and that's why the bank probably just refrain from doing

700
00:32:19,440 --> 00:32:20,600
Speaker 22: so this afternoon.

701
00:32:20,800 --> 00:32:23,640
Speaker 2: This creeping thing I'm seeing around the world that's applicable

702
00:32:23,640 --> 00:32:25,920
Speaker 2: here as well, just a little bit more inflation, bit more,

703
00:32:26,000 --> 00:32:28,320
Speaker 2: bit more, bit more. How much does that worry them,

704
00:32:28,360 --> 00:32:30,960
Speaker 2: given that's their reason for begging.

705
00:32:32,720 --> 00:32:35,040
Speaker 22: I think it's an annoyance for them. Of course, I

706
00:32:35,200 --> 00:32:40,440
Speaker 22: prefer those short term indicators for inflation to flattish or lower,

707
00:32:40,480 --> 00:32:42,000
Speaker 22: But I don't think we're at the point where it's

708
00:32:42,040 --> 00:32:46,360
Speaker 22: where it's a major worry. We think inflation is still

709
00:32:47,680 --> 00:32:51,120
Speaker 22: well contained and likely to stay in that target range

710
00:32:51,240 --> 00:32:52,920
Speaker 22: for the rbns, even they're going to be much more

711
00:32:52,960 --> 00:32:56,520
Speaker 22: concerned about the medium term inflation trend, which at the

712
00:32:56,520 --> 00:32:59,080
Speaker 22: moment is being suppressed by by pretty weak growth here

713
00:32:59,160 --> 00:33:01,920
Speaker 22: and the flow down we're seeing offshore and global growth.

714
00:33:02,040 --> 00:33:04,360
Speaker 2: What about the funk that we're in from the political

715
00:33:04,400 --> 00:33:06,600
Speaker 2: side of this, and it cuts good because your mortgage

716
00:33:06,600 --> 00:33:08,440
Speaker 2: goes down and I go spend some money and we

717
00:33:08,480 --> 00:33:09,800
Speaker 2: all get back to Christmas time.

718
00:33:10,360 --> 00:33:16,360
Speaker 23: The role of that, the confidence impact, Yeah, yeah, I

719
00:33:16,400 --> 00:33:18,440
Speaker 23: mean that's a big part of part of it, I think,

720
00:33:18,600 --> 00:33:23,440
Speaker 23: And that's why I think perhaps the bank today, the

721
00:33:23,440 --> 00:33:26,880
Speaker 23: Reserve Bank, can be seen as providing a little bit

722
00:33:26,880 --> 00:33:31,680
Speaker 23: of certainty in in otherwise extremely uncertain world by as

723
00:33:31,680 --> 00:33:35,440
Speaker 23: we talked about doing or fulfilling the forward guidance cutting,

724
00:33:35,960 --> 00:33:37,040
Speaker 23: saying they're going to cut again.

725
00:33:37,080 --> 00:33:41,640
Speaker 22: I think that's providing borrowers and lenders alike with a

726
00:33:41,640 --> 00:33:44,280
Speaker 22: bit more confidence than they might have otherwise said.

727
00:33:44,480 --> 00:33:46,280
Speaker 2: Right, we'll be watching with a great deal of interest.

728
00:33:46,360 --> 00:33:48,400
Speaker 2: Might appreciate it. Mike Jones, B and Z Chief Economists,

729
00:33:48,400 --> 00:33:52,000
Speaker 2: this morning, eleven past seven. More moving into the construction sector.

730
00:33:52,080 --> 00:33:54,160
Speaker 2: This is interesting. We're going to have our first independent

731
00:33:54,200 --> 00:33:57,680
Speaker 2: residential building Consent authority. It's private, yes, but it's backed

732
00:33:57,680 --> 00:33:59,920
Speaker 2: by the government. And mb it unless you building consents

733
00:34:00,040 --> 00:34:02,600
Speaker 2: within ten working days. Chris Pink is the building Construction

734
00:34:02,720 --> 00:34:04,880
Speaker 2: Minister and he's with us morning. What do you Mike,

735
00:34:05,120 --> 00:34:08,480
Speaker 2: So when it says eligible residential projects, what's that mean?

736
00:34:09,480 --> 00:34:12,359
Speaker 15: Yeah, I mean there's some technical categories, but basically it's

737
00:34:12,680 --> 00:34:15,200
Speaker 15: most of the residential work that would be done by

738
00:34:15,200 --> 00:34:17,640
Speaker 15: anyone who at the moment would go to their local council.

739
00:34:17,680 --> 00:34:19,399
Speaker 15: They'll be able to rock up and talk to these

740
00:34:19,400 --> 00:34:21,560
Speaker 15: guys instead and get the consent that they need.

741
00:34:21,760 --> 00:34:26,160
Speaker 2: So this is one officer as well as at scale projects. Yeah, correct,

742
00:34:26,280 --> 00:34:28,880
Speaker 2: that's right. Does this use surp a council completely?

743
00:34:30,520 --> 00:34:33,239
Speaker 15: Well, it will in the case of people who go

744
00:34:33,320 --> 00:34:36,440
Speaker 15: to this new building consider authority, it will. Yes, it'll

745
00:34:36,440 --> 00:34:39,120
Speaker 15: be in place of but having said that, the councils

746
00:34:39,120 --> 00:34:41,719
Speaker 15: themselves will remain in place, So people who want to

747
00:34:41,760 --> 00:34:43,919
Speaker 15: go along to their local council will still be able

748
00:34:43,960 --> 00:34:45,080
Speaker 15: to do that if they choose.

749
00:34:45,160 --> 00:34:48,319
Speaker 2: Having gone to a local council relatively recently, why would

750
00:34:48,360 --> 00:34:50,719
Speaker 2: I go ever again to a local council if what

751
00:34:50,760 --> 00:34:53,439
Speaker 2: you're suggesting is going to improve things?

752
00:34:54,160 --> 00:34:56,560
Speaker 15: Yeah, well, I think these guys will offer another option

753
00:34:56,800 --> 00:35:00,800
Speaker 15: and in fact providing a bit of competition. The discipline

754
00:35:00,880 --> 00:35:02,560
Speaker 15: of that is actually going to be helpful for the

755
00:35:02,600 --> 00:35:06,560
Speaker 15: system overall. Initially they will be small enough. I suppose

756
00:35:06,600 --> 00:35:08,040
Speaker 15: that they won't be able to take on all the

757
00:35:08,080 --> 00:35:11,920
Speaker 15: work of the work the council does currently now all

758
00:35:11,960 --> 00:35:14,319
Speaker 15: around New Zealand, so they may be able to scale up.

759
00:35:14,360 --> 00:35:16,440
Speaker 15: It'll be interesting to see what the appetite is out there,

760
00:35:16,480 --> 00:35:18,799
Speaker 15: given that a number of people in some parts of

761
00:35:18,800 --> 00:35:20,759
Speaker 15: New Zealand will have had a negative experience and be

762
00:35:20,840 --> 00:35:21,400
Speaker 15: keen to give.

763
00:35:21,239 --> 00:35:21,520
Speaker 3: It a go.

764
00:35:21,760 --> 00:35:24,600
Speaker 2: Exactly what's this really all about. Is this just about

765
00:35:24,680 --> 00:35:27,319
Speaker 2: improving speed, in other words, getting it done in ten

766
00:35:27,360 --> 00:35:31,280
Speaker 2: working days or is it about doing something uniform around

767
00:35:31,320 --> 00:35:33,440
Speaker 2: the country and not mucking around with individual rules and

768
00:35:33,480 --> 00:35:35,440
Speaker 2: regulations depending on what part of the country you live

769
00:35:35,480 --> 00:35:36,560
Speaker 2: in and what council you're under.

770
00:35:37,640 --> 00:35:38,480
Speaker 14: Yeah, it's a bit of both.

771
00:35:38,480 --> 00:35:41,200
Speaker 15: Actually, it's an important point that you make around the consistency.

772
00:35:41,600 --> 00:35:44,239
Speaker 15: So for those who are building at scale or even

773
00:35:44,280 --> 00:35:47,800
Speaker 15: a few projects but across different council boundaries, one of

774
00:35:47,840 --> 00:35:50,400
Speaker 15: the common complaints that I hear is that they have

775
00:35:50,520 --> 00:35:53,960
Speaker 15: different interpretation of the building Code according to which council

776
00:35:53,960 --> 00:35:56,480
Speaker 15: they're dealing with. So by definition, if you're dealing with

777
00:35:56,520 --> 00:35:59,520
Speaker 15: only one building can send authorities such as this new outfit,

778
00:36:00,080 --> 00:36:02,640
Speaker 15: you know you'll have that consistency regardless of where you

779
00:36:02,680 --> 00:36:03,520
Speaker 15: are doing that work.

780
00:36:03,840 --> 00:36:03,920
Speaker 6: It.

781
00:36:03,960 --> 00:36:07,000
Speaker 15: As for timing, yeah, I mean the speed of operation

782
00:36:07,280 --> 00:36:10,400
Speaker 15: is going to be really important. So it'll be fascinating

783
00:36:10,400 --> 00:36:13,279
Speaker 15: to see how these guys managed to work against that

784
00:36:13,320 --> 00:36:15,200
Speaker 15: statutory time frame of keen working days.

785
00:36:15,280 --> 00:36:17,760
Speaker 2: How do you see this unfolding? Does this company scale

786
00:36:18,040 --> 00:36:20,799
Speaker 2: or do a whole bunch of companies broadly doing the

787
00:36:20,840 --> 00:36:24,600
Speaker 2: same thing then pop up? In other words, your usurping

788
00:36:24,680 --> 00:36:26,920
Speaker 2: councils and councils are no longer needed for this sort

789
00:36:26,920 --> 00:36:27,279
Speaker 2: of work.

790
00:36:28,520 --> 00:36:30,760
Speaker 15: Yeah, well, we're in a stage of evolution, to be honest,

791
00:36:30,840 --> 00:36:34,200
Speaker 15: and if other private outfits want to put their hand up,

792
00:36:34,200 --> 00:36:36,840
Speaker 15: they'll need to meet the pretty high bar of having

793
00:36:36,960 --> 00:36:38,880
Speaker 15: what we call adequate means in other words, you know,

794
00:36:38,920 --> 00:36:42,160
Speaker 15: deep enough pockets to meet any liability that might arise,

795
00:36:42,239 --> 00:36:44,839
Speaker 15: and including by way of insurance and so on. But

796
00:36:44,880 --> 00:36:47,480
Speaker 15: we're already looking at a couple of other innovations. One

797
00:36:47,600 --> 00:36:51,560
Speaker 15: is to allow councils already existing at a district or

798
00:36:51,600 --> 00:36:55,200
Speaker 15: city level to consolidate their functions at a regional level,

799
00:36:55,360 --> 00:36:57,400
Speaker 15: and another one is looking at that question of liability

800
00:36:57,760 --> 00:36:59,880
Speaker 15: out of fairness to councils who have a lot of

801
00:37:00,120 --> 00:37:03,360
Speaker 15: ability as the last person standing, so are we're looking

802
00:37:03,400 --> 00:37:06,120
Speaker 15: to potentially move away from that too, which will help.

803
00:37:06,360 --> 00:37:08,280
Speaker 2: This seems like a game changer if it works.

804
00:37:09,520 --> 00:37:11,600
Speaker 1: Yeah, I'm really excited about its potential to be asked.

805
00:37:11,800 --> 00:37:14,640
Speaker 15: I'll be watching closely how they perform, how they operate,

806
00:37:14,680 --> 00:37:16,520
Speaker 15: how the market responds. I think there'll be a lot

807
00:37:16,520 --> 00:37:18,600
Speaker 15: of people who would be keen to see if they

808
00:37:18,920 --> 00:37:21,840
Speaker 15: do represent a game changer for what it means for

809
00:37:21,880 --> 00:37:26,200
Speaker 15: them getting consents and inspections conducted quickly. So watch the space.

810
00:37:26,280 --> 00:37:28,279
Speaker 2: Yeah, it's interesting, all right, Go well. Chris Panker's the

811
00:37:28,320 --> 00:37:32,120
Speaker 2: construction Minister. Very pleased to see Police Commissioner Chambers yesterday

812
00:37:32,200 --> 00:37:35,000
Speaker 2: sorting things out on that robbery thing. Obviously. Mitchell appears

813
00:37:35,040 --> 00:37:37,759
Speaker 2: after eight fourteen past the.

814
00:37:37,800 --> 00:37:42,200
Speaker 1: Mike Asking Breakfast Full Show podcast on iHeartRadio powered by

815
00:37:42,239 --> 00:37:42,760
Speaker 1: News Talks.

816
00:37:42,760 --> 00:37:43,040
Speaker 3: That'd be.

817
00:37:44,520 --> 00:37:47,080
Speaker 2: This economic boom we seem to be having this expert

818
00:37:47,160 --> 00:37:49,480
Speaker 2: lead recovery at the moment. More stats on this this morning.

819
00:37:49,840 --> 00:37:52,200
Speaker 2: Trade Minister Tom McLay with a shortly seventeen past seven,

820
00:37:52,200 --> 00:37:54,840
Speaker 2: So the run it's straight Phenomenon's producers for his tragedy.

821
00:37:54,840 --> 00:37:57,359
Speaker 2: It was a copycat type event Sunday Palmerston North. Of course,

822
00:37:57,440 --> 00:38:01,720
Speaker 2: nineteen year old Ryan Satisfait suffered to traumatic brain injury

823
00:38:01,800 --> 00:38:03,560
Speaker 2: died as a result. So what to do with anything

824
00:38:03,560 --> 00:38:06,120
Speaker 2: about this? Richie Barnett, of course, former Keywis League captains

825
00:38:06,120 --> 00:38:06,880
Speaker 2: back with this morning.

826
00:38:07,040 --> 00:38:07,840
Speaker 6: Good morning mate.

827
00:38:07,960 --> 00:38:11,160
Speaker 2: Obviously this is a tragedy, but I am always very

828
00:38:11,200 --> 00:38:14,480
Speaker 2: wary of grabbing headlines and people going nuts. Is this

829
00:38:14,719 --> 00:38:17,840
Speaker 2: any different to what you and I did as kids?

830
00:38:17,920 --> 00:38:22,200
Speaker 2: It's bull rush's it's lack of front courtal development, it's

831
00:38:22,480 --> 00:38:24,680
Speaker 2: boys being boys, and what do we do about it?

832
00:38:24,760 --> 00:38:25,759
Speaker 2: Why is it different now?

833
00:38:26,880 --> 00:38:30,600
Speaker 6: Yeah, I guess it's been. I guess with the media

834
00:38:31,200 --> 00:38:33,680
Speaker 6: the way it is now, I think it's highlighting certain

835
00:38:33,680 --> 00:38:36,160
Speaker 6: things that we've never seen before. And this is no

836
00:38:36,280 --> 00:38:39,080
Speaker 6: different to what we've done when we're young. And you know,

837
00:38:39,200 --> 00:38:42,680
Speaker 6: sport is risky, sport and activities that were seen today

838
00:38:42,800 --> 00:38:43,440
Speaker 6: in the world that.

839
00:38:43,400 --> 00:38:43,799
Speaker 22: We live in.

840
00:38:44,360 --> 00:38:46,879
Speaker 6: There are so many other sports and activities that were

841
00:38:46,920 --> 00:38:50,680
Speaker 6: seen in today's world that are so much more dangerous

842
00:38:50,719 --> 00:38:52,960
Speaker 6: than what we've seen today. But it's a tragedy and

843
00:38:53,080 --> 00:38:54,400
Speaker 6: respect goes out to the family.

844
00:38:54,600 --> 00:38:57,560
Speaker 2: Of course, before this tragedy happened, when you looked at

845
00:38:57,640 --> 00:39:00,440
Speaker 2: Run It Straight, did you form an opinion on it

846
00:39:00,440 --> 00:39:01,960
Speaker 2: in any way, shape or form.

847
00:39:02,400 --> 00:39:06,560
Speaker 6: Oh oh, and you've got to be nuts to be fair.

848
00:39:08,400 --> 00:39:11,960
Speaker 6: I yeah, I mean, I mean, I'm a I get it,

849
00:39:12,160 --> 00:39:15,480
Speaker 6: and there is some some safety around it with what

850
00:39:15,480 --> 00:39:19,480
Speaker 6: they're doing currently in an enclosed environment, but you know,

851
00:39:19,520 --> 00:39:22,120
Speaker 6: it's still head trauma. It's still it's still got risk

852
00:39:22,280 --> 00:39:24,960
Speaker 6: written all over it. And unfortunately for me, I've I've

853
00:39:24,960 --> 00:39:27,719
Speaker 6: had a number of friends who have passed away with

854
00:39:28,120 --> 00:39:31,120
Speaker 6: CTE Paul green back in the day, motor and neuron

855
00:39:31,200 --> 00:39:34,400
Speaker 6: as well as I've had two players that have passed

856
00:39:34,400 --> 00:39:37,560
Speaker 6: away with motor neurons. So you know, it sort of

857
00:39:37,560 --> 00:39:40,759
Speaker 6: sits close to my heart as well. So I'm I'm

858
00:39:40,800 --> 00:39:43,040
Speaker 6: one that's a few concussions as well, so I'm mindful

859
00:39:43,080 --> 00:39:43,319
Speaker 6: of it.

860
00:39:43,360 --> 00:39:44,920
Speaker 2: Well, that's the do you think things that see I'm

861
00:39:44,920 --> 00:39:47,279
Speaker 2: watching Fisher Harris. When you go see Fisher Harris coming

862
00:39:47,280 --> 00:39:49,879
Speaker 2: at your full tit or Bunty are fower? I mean,

863
00:39:49,920 --> 00:39:52,640
Speaker 2: that's league. All that Run Straight is is just an

864
00:39:52,760 --> 00:39:55,040
Speaker 2: organized form of what happens on a league or a

865
00:39:55,080 --> 00:39:57,440
Speaker 2: rugby field on any given Saturday or Sunday, isn't it.

866
00:39:58,280 --> 00:40:00,960
Speaker 6: Yeah, it's minimized, it is, and it's controlled and they

867
00:40:01,840 --> 00:40:04,239
Speaker 6: show them the technique and you're running straight, so it's

868
00:40:04,400 --> 00:40:08,719
Speaker 6: but it's still the impact, but it is controlled, so

869
00:40:08,760 --> 00:40:10,680
Speaker 6: you can then line up and you don't have any

870
00:40:10,680 --> 00:40:12,800
Speaker 6: issue with putting your head in the wrong space, although

871
00:40:12,840 --> 00:40:17,600
Speaker 6: it can happen. So yeah, but it's still impact. It's

872
00:40:17,600 --> 00:40:20,360
Speaker 6: not concussions that are the problem. It's actually the impact

873
00:40:20,840 --> 00:40:23,279
Speaker 6: on your brain. And you don't have to have a

874
00:40:23,320 --> 00:40:24,880
Speaker 6: concussion to have brain bleed.

875
00:40:25,120 --> 00:40:28,120
Speaker 2: No, do we need to change things? Are things changing

876
00:40:28,200 --> 00:40:30,920
Speaker 2: or is this just a discussion that will lead nowhere

877
00:40:31,320 --> 00:40:33,160
Speaker 2: and things will continue the way they do.

878
00:40:34,239 --> 00:40:36,799
Speaker 6: I think it's just going to continue on. There's not

879
00:40:36,880 --> 00:40:38,800
Speaker 6: much it's going to happen. They're in the rules of

880
00:40:40,880 --> 00:40:44,399
Speaker 6: they're lining and the rules of play. There's many other

881
00:40:44,440 --> 00:40:46,919
Speaker 6: things that are more dangerous than that. You know, base

882
00:40:47,040 --> 00:40:53,200
Speaker 6: jumping to riding horses, to bike riding, you name it.

883
00:40:53,239 --> 00:40:56,080
Speaker 6: There is so many more dangerous sports out there that

884
00:40:56,160 --> 00:40:59,840
Speaker 6: don't get the the highlight at the moment because of

885
00:40:59,880 --> 00:41:01,360
Speaker 6: it that's happened unfortunately.

886
00:41:01,440 --> 00:41:04,520
Speaker 2: Richie appreciate it. Richie Barnett, former league great of course,

887
00:41:04,680 --> 00:41:07,000
Speaker 2: have a coffee update for you shortly seven twenty.

888
00:41:08,600 --> 00:41:13,319
Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio, Power

889
00:41:13,360 --> 00:41:14,520
Speaker 1: It by News Talks Evy.

890
00:41:16,680 --> 00:41:18,120
Speaker 2: Now, if you've been waiting for the right time to

891
00:41:18,160 --> 00:41:20,719
Speaker 2: stock up on the old favorite skincare big brands, the

892
00:41:20,760 --> 00:41:24,000
Speaker 2: time has come. It's Chemist's Warehouse Mayhem Mega sale. It's

893
00:41:24,000 --> 00:41:25,440
Speaker 2: on right now. You can do it in store, you

894
00:41:25,440 --> 00:41:28,080
Speaker 2: can do it online. But the savings are at chemist

895
00:41:28,080 --> 00:41:31,600
Speaker 2: Warehouse find up to half price off their everyday load.

896
00:41:31,600 --> 00:41:34,120
Speaker 2: Price is on your favorite big brand skincare who we

897
00:41:34,200 --> 00:41:38,200
Speaker 2: got Dr Lewins Olay skincare all up to half price.

898
00:41:38,200 --> 00:41:41,160
Speaker 2: Your favorite at Ving or Elizabeth Harden skincare that's up

899
00:41:41,160 --> 00:41:43,719
Speaker 2: to half price. The Neostrata or the Trilogy skincare that's

900
00:41:43,760 --> 00:41:47,319
Speaker 2: up to half price. Thayers and Gania gannieh skincare that's

901
00:41:47,400 --> 00:41:49,400
Speaker 2: up to half price. You can shop the Antipodes or

902
00:41:49,440 --> 00:41:53,839
Speaker 2: the MC beauty range that's up to half price. Now

903
00:41:54,080 --> 00:41:58,440
Speaker 2: Neutral Gena Isano. Yes, yes, up to half price. So

904
00:41:58,560 --> 00:42:00,239
Speaker 2: this is the sale you've been waiting for. You better

905
00:42:00,280 --> 00:42:02,560
Speaker 2: be quick in store or online. Stop paying too much

906
00:42:02,560 --> 00:42:05,439
Speaker 2: in these great Chemist Warehouse may have megasale offers got

907
00:42:05,440 --> 00:42:07,400
Speaker 2: to end June four. In June four is not far away.

908
00:42:07,680 --> 00:42:10,200
Speaker 2: Teas and season exclusions applied, but saved the bargain. Stop

909
00:42:10,239 --> 00:42:14,359
Speaker 2: paying too much tasking with Chemist Warehouse seven twenty four

910
00:42:14,520 --> 00:42:17,600
Speaker 2: our small coffee update. This is important because large swathes

911
00:42:17,640 --> 00:42:20,920
Speaker 2: of this country are interested in coffee. It is widely

912
00:42:20,960 --> 00:42:23,560
Speaker 2: accepted that we have in this country a strong coffee culture,

913
00:42:23,800 --> 00:42:26,640
Speaker 2: although having said that, two thirds still drink instant coffee,

914
00:42:26,640 --> 00:42:28,719
Speaker 2: which of course has nothing to do with culture, but

915
00:42:28,760 --> 00:42:31,120
Speaker 2: that's just me being a snob. Before the latest round

916
00:42:31,160 --> 00:42:34,120
Speaker 2: of price increases, Instant, as we learn from the Consumer

917
00:42:34,160 --> 00:42:36,000
Speaker 2: Price Index the other day, stood at an average of

918
00:42:36,000 --> 00:42:38,440
Speaker 2: eight dollars twenty one foe hundred grams, which is about

919
00:42:38,440 --> 00:42:40,399
Speaker 2: twenty dollars for two hundred and fifty gram bag. Two

920
00:42:40,440 --> 00:42:42,480
Speaker 2: hundred and fifty grand bags are generally what you buy

921
00:42:42,520 --> 00:42:45,080
Speaker 2: beans with to what they come in two hundred fifty grams,

922
00:42:45,120 --> 00:42:49,480
Speaker 2: so instant seemed like a ripoff given it's an inferior product.

923
00:42:49,520 --> 00:42:52,320
Speaker 2: But until recently at our house we paid you. Ready,

924
00:42:52,480 --> 00:42:54,919
Speaker 2: we paid eleven dollars fifty for two hundred and fifty

925
00:42:55,000 --> 00:42:58,520
Speaker 2: grams so instance, at twenty we're paying eleven fifty so

926
00:42:58,600 --> 00:43:01,240
Speaker 2: compared to instant, what a bargain As of the weekend,

927
00:43:01,239 --> 00:43:03,480
Speaker 2: though very bad news twenty four dollars, so from eleven

928
00:43:03,520 --> 00:43:05,760
Speaker 2: fifty to twenty four. Now the twenty four does include

929
00:43:05,760 --> 00:43:08,560
Speaker 2: a little bit of postage, but it's still a remarkable increase,

930
00:43:08,600 --> 00:43:10,759
Speaker 2: but an increase we can see transparently, and this is

931
00:43:10,760 --> 00:43:13,040
Speaker 2: my defense of it. We all know about the supply

932
00:43:13,080 --> 00:43:16,160
Speaker 2: and demand issues. They're real globally all over the world.

933
00:43:16,239 --> 00:43:19,680
Speaker 2: This is a problem. Enter yesterday El Brown chef L Brown.

934
00:43:19,840 --> 00:43:22,719
Speaker 2: I like El but one thing L has done over

935
00:43:22,760 --> 00:43:28,440
Speaker 2: the years is serve filter coffee in his restaurants, Americano style,

936
00:43:28,480 --> 00:43:33,719
Speaker 2: big jug filter machine bollocks coffee. His argument it's more affordable,

937
00:43:33,760 --> 00:43:36,960
Speaker 2: which of course is true, but then it's bollocks. More

938
00:43:37,000 --> 00:43:40,880
Speaker 2: things generally that are bollocks are cheap. Fascinating thing for

939
00:43:40,920 --> 00:43:44,920
Speaker 2: me is our relationship between price and desire. Some things

940
00:43:44,960 --> 00:43:49,120
Speaker 2: subconsciously we will at a certain point borcat, won't we

941
00:43:49,239 --> 00:43:52,960
Speaker 2: pira jens a holiday, hotel room, new phone. We have

942
00:43:53,040 --> 00:43:55,360
Speaker 2: a price, we've got a budget, we've got a vibe.

943
00:43:55,400 --> 00:43:57,120
Speaker 2: But on coffee, you know what I don't think we

944
00:43:57,200 --> 00:44:00,879
Speaker 2: do well. Most of us won't. We might cut from

945
00:44:00,920 --> 00:44:03,640
Speaker 2: say two cups a day to one. But addiction, which

946
00:44:03,640 --> 00:44:06,400
Speaker 2: is what it is. Let's be frank and passion and

947
00:44:06,480 --> 00:44:09,440
Speaker 2: small luxury syndrome. That's real. It's amazing what you can

948
00:44:09,520 --> 00:44:12,720
Speaker 2: justify when you need to coffees like the Japanese and wine.

949
00:44:13,040 --> 00:44:15,040
Speaker 2: They've got a tradition of drinking what that they get

950
00:44:15,120 --> 00:44:17,480
Speaker 2: drinking up, in other words, getting better and better, more

951
00:44:17,480 --> 00:44:20,440
Speaker 2: and more quality coffees like that. Once you've gone to

952
00:44:20,440 --> 00:44:22,120
Speaker 2: the larch in balley and had a fern or a

953
00:44:22,120 --> 00:44:24,560
Speaker 2: heart stirred into your milk, you can never go back

954
00:44:25,200 --> 00:44:27,960
Speaker 2: to ol Andor's filter. I don't think there is a

955
00:44:28,000 --> 00:44:31,000
Speaker 2: price I would quit at at twenty four dollars a bag.

956
00:44:31,040 --> 00:44:32,640
Speaker 2: And here's the mass I do to justify at twenty

957
00:44:32,640 --> 00:44:35,320
Speaker 2: four dollars a bag, even with postage, getting ten cups

958
00:44:35,320 --> 00:44:39,160
Speaker 2: a bag, that's two dollars forty and that is still

959
00:44:39,160 --> 00:44:42,359
Speaker 2: a margin. I hate to say it, but you're wrong.

960
00:44:42,520 --> 00:44:44,880
Speaker 2: Bull Rush is a game of evasion. Run it. There

961
00:44:44,960 --> 00:44:48,720
Speaker 2: is no intempt to evade al You clearly never played

962
00:44:48,719 --> 00:44:52,560
Speaker 2: bull rush atlan Went High, me and my mates. There

963
00:44:52,600 --> 00:44:55,520
Speaker 2: was no attempt at evasion. Well, I was because I

964
00:44:55,600 --> 00:44:58,200
Speaker 2: was tiny. I tried to evade everything. But my mates,

965
00:44:59,080 --> 00:45:01,920
Speaker 2: many of them came from the islands, and they were

966
00:45:01,920 --> 00:45:04,120
Speaker 2: going straight through and there was no stopping them. And

967
00:45:04,160 --> 00:45:06,959
Speaker 2: that was the way you played Bullrush straight through point

968
00:45:07,040 --> 00:45:10,319
Speaker 2: A two point b in the shortest possible distance. Morning Mike,

969
00:45:10,360 --> 00:45:11,920
Speaker 2: I think Jim Bolge has lost the plot on his

970
00:45:12,040 --> 00:45:14,480
Speaker 2: latest media release. To be fair to Jim, it's not

971
00:45:14,520 --> 00:45:17,200
Speaker 2: a media release, it's an interview. He's marking his ninetieth

972
00:45:17,280 --> 00:45:21,319
Speaker 2: birthday this coming weekend. He has some interesting things to

973
00:45:21,360 --> 00:45:25,480
Speaker 2: say in an old person curmudgeonly type fashion, but probably

974
00:45:25,560 --> 00:45:27,719
Speaker 2: worth reading. If you can be bothered in the Herald this.

975
00:45:27,760 --> 00:45:33,600
Speaker 1: Morning, your source of freaking news, challenging opinion and honored backs.

976
00:45:33,880 --> 00:45:38,080
Speaker 1: The Mike Hosking breakfast with the range Rover villa designed

977
00:45:38,280 --> 00:45:40,680
Speaker 1: to intrigue. Can use Tod's dead b Well, it's.

978
00:45:40,520 --> 00:45:43,680
Speaker 2: Wednesday, Mark literally, Jinny Anderson with us twenty three minutes

979
00:45:43,680 --> 00:45:46,200
Speaker 2: away from mates. If there has been a bright spot

980
00:45:46,280 --> 00:45:48,000
Speaker 2: in our economy, it's come from the land of course.

981
00:45:48,080 --> 00:45:50,439
Speaker 2: Derry's booming. The season wrapping up literally as we speak,

982
00:45:50,480 --> 00:45:53,440
Speaker 2: with record crisis April stats out This Morning Show we've

983
00:45:53,440 --> 00:45:56,560
Speaker 2: got an additional one point one billion in red meat exports.

984
00:45:56,560 --> 00:45:59,560
Speaker 2: The big question is is there more Where that came

985
00:45:59,600 --> 00:46:01,840
Speaker 2: from Tomclas of course the Minister of Ating the Culture

986
00:46:01,920 --> 00:46:03,879
Speaker 2: Endflade and as well as very good morning to you.

987
00:46:04,600 --> 00:46:05,319
Speaker 20: Good morning mate.

988
00:46:05,480 --> 00:46:09,440
Speaker 2: There's a reporter out this morning KPMG there Agribusiness Agenda.

989
00:46:10,400 --> 00:46:12,799
Speaker 2: It says this, we can no longer rely on the

990
00:46:12,880 --> 00:46:16,200
Speaker 2: usual international customers. We need to look for new markets.

991
00:46:16,440 --> 00:46:19,720
Speaker 20: Are we well, we are looking at They're right, although

992
00:46:20,000 --> 00:46:22,759
Speaker 20: I think we can rely upon those markets. But we're

993
00:46:22,760 --> 00:46:25,400
Speaker 20: going to keep looking for more and keep growing the

994
00:46:25,560 --> 00:46:28,040
Speaker 20: value of what we're exporting. The reason you've seen us

995
00:46:28,080 --> 00:46:30,919
Speaker 20: do those two great trade deals in the midlease last

996
00:46:31,000 --> 00:46:32,879
Speaker 20: year and launched with India. So we're going to keep

997
00:46:32,920 --> 00:46:36,000
Speaker 20: looking for that. But that growth in the primary sector

998
00:46:36,080 --> 00:46:38,840
Speaker 20: four and a half billion more and dairy one point

999
00:46:38,840 --> 00:46:42,240
Speaker 20: two billion more. In red and meat, we've seen Zespriate

1000
00:46:42,280 --> 00:46:45,520
Speaker 20: hit five billion dollars exports for the first time ever

1001
00:46:45,640 --> 00:46:48,880
Speaker 20: this year. Look, there's growth across the board. That's because

1002
00:46:49,160 --> 00:46:52,040
Speaker 20: the New Zealand farmers produced the highest quality, safest food

1003
00:46:52,320 --> 00:46:54,640
Speaker 20: of the world and consumers are after that. And so

1004
00:46:54,880 --> 00:46:56,680
Speaker 20: we're out in the world stage, hustling and looking for

1005
00:46:56,719 --> 00:46:57,520
Speaker 20: every opportunity.

1006
00:46:57,719 --> 00:46:59,320
Speaker 2: You mentioned India, where are we at that?

1007
00:46:59,440 --> 00:47:03,920
Speaker 20: What is surely happened, So a lot of exchanges of texts.

1008
00:47:03,920 --> 00:47:07,160
Speaker 20: The first full round of negotiations took place in India

1009
00:47:07,160 --> 00:47:10,200
Speaker 20: a couple of weeks ago. Heavy going, but there was

1010
00:47:10,239 --> 00:47:13,239
Speaker 20: progress made. I'm on a plane over the weekend and

1011
00:47:13,280 --> 00:47:17,240
Speaker 20: we'll be meeting with my counterpart from India in Paris

1012
00:47:17,239 --> 00:47:19,800
Speaker 20: at the OECD just to make sure we're moving the

1013
00:47:19,840 --> 00:47:23,280
Speaker 20: right direction and for both sides to give a signal

1014
00:47:23,320 --> 00:47:25,799
Speaker 20: to our negotiators go faster. So we're making progress but

1015
00:47:25,960 --> 00:47:26,600
Speaker 20: going to be hard work.

1016
00:47:26,880 --> 00:47:29,880
Speaker 2: How much government is in this sort of conversation, as

1017
00:47:29,920 --> 00:47:32,840
Speaker 2: much as you'd like to participate. So when you're selling

1018
00:47:33,120 --> 00:47:36,279
Speaker 2: the bolt dairy products, whether you're selling the zespri, when

1019
00:47:36,320 --> 00:47:38,840
Speaker 2: you're selling the wine, how much of that overall success

1020
00:47:38,840 --> 00:47:42,960
Speaker 2: and equation is what the government did or does do well.

1021
00:47:43,000 --> 00:47:44,680
Speaker 20: I think in as far as if you think about

1022
00:47:44,719 --> 00:47:47,760
Speaker 20: the European Union of the UK, we've seen significant growth

1023
00:47:47,800 --> 00:47:51,200
Speaker 20: in that market, so billion dollars extra exports to the

1024
00:47:51,239 --> 00:47:54,560
Speaker 20: EU over the last year since the FDA came into place.

1025
00:47:54,640 --> 00:47:56,920
Speaker 20: So governments play the role. And as far as we

1026
00:47:57,000 --> 00:48:00,960
Speaker 20: negotiate deals with our negotiators, which gives Q we explore

1027
00:48:01,000 --> 00:48:03,239
Speaker 20: as a level playing for at field or an advantage.

1028
00:48:03,320 --> 00:48:05,560
Speaker 20: And then going to make sure the regulations in New

1029
00:48:05,640 --> 00:48:08,359
Speaker 20: Zealand not just piling costs. You think about farmers, right,

1030
00:48:08,520 --> 00:48:11,360
Speaker 20: there were twenty one extra RULs and regulations put on

1031
00:48:11,440 --> 00:48:14,080
Speaker 20: farmers over the six years of labor which just piled

1032
00:48:14,120 --> 00:48:16,440
Speaker 20: cost on them and made them less competitive. We've been

1033
00:48:16,480 --> 00:48:18,920
Speaker 20: taking those away, fixing them, you know, making sure they

1034
00:48:19,040 --> 00:48:21,600
Speaker 20: work and just don't add cost to the farm gate

1035
00:48:21,680 --> 00:48:23,720
Speaker 20: so that the farmers can be going better and faster,

1036
00:48:24,080 --> 00:48:26,000
Speaker 20: producing more that the world wants. So we're going to

1037
00:48:26,239 --> 00:48:29,239
Speaker 20: remain competitive both in New Zealand but open up those

1038
00:48:29,239 --> 00:48:29,960
Speaker 20: doors overseas.

1039
00:48:30,040 --> 00:48:32,080
Speaker 2: A couple of other things out of as KPMG report,

1040
00:48:32,120 --> 00:48:34,360
Speaker 2: biosecurity the top of the must do list. Are we

1041
00:48:34,400 --> 00:48:35,640
Speaker 2: on top of biosecurity or not?

1042
00:48:36,640 --> 00:48:36,839
Speaker 1: Yes?

1043
00:48:36,960 --> 00:48:40,080
Speaker 20: But always more to do. Andrew Hugad and I focus

1044
00:48:40,120 --> 00:48:42,680
Speaker 20: on this all the time. Probably if there's one thing

1045
00:48:42,719 --> 00:48:45,680
Speaker 20: that keeps me awake at night, it is something getting

1046
00:48:45,719 --> 00:48:47,120
Speaker 20: over the border. And so I'm just going to make

1047
00:48:47,120 --> 00:48:49,280
Speaker 20: sure we have the very best people with the resources

1048
00:48:49,320 --> 00:48:52,080
Speaker 20: they need. Although we've been having to look at waste

1049
00:48:52,080 --> 00:48:55,080
Speaker 20: for spending. We're actually putting a bit more into biosecurity

1050
00:48:55,200 --> 00:48:57,840
Speaker 20: and no cuts at all to the front line and

1051
00:48:57,880 --> 00:49:00,560
Speaker 20: frontline services. But that's the number one thing we need

1052
00:49:00,600 --> 00:49:03,440
Speaker 20: to focus on. The reason for that is it's our reputation.

1053
00:49:03,880 --> 00:49:05,879
Speaker 20: You know, if we get pest disease and here, then

1054
00:49:06,040 --> 00:49:08,759
Speaker 20: that reputation for high quality, safe food starts to be

1055
00:49:08,800 --> 00:49:09,600
Speaker 20: hit around the world.

1056
00:49:09,600 --> 00:49:12,120
Speaker 2: The other thing, they say, maintain migration settings. We need

1057
00:49:12,120 --> 00:49:15,280
Speaker 2: to grow a skilled labor force locally rather than relying

1058
00:49:15,280 --> 00:49:16,439
Speaker 2: on migrant labor fare.

1059
00:49:16,719 --> 00:49:20,240
Speaker 7: And if so, well, I think it's both of those things,

1060
00:49:20,280 --> 00:49:20,600
Speaker 7: isn't it.

1061
00:49:20,640 --> 00:49:23,080
Speaker 20: We need New Zealanders to be doing the jobs and

1062
00:49:23,120 --> 00:49:26,200
Speaker 20: be trained into those areas. But because we know there's

1063
00:49:26,239 --> 00:49:28,359
Speaker 20: a great big backlog in that, and you know, think

1064
00:49:28,360 --> 00:49:31,560
Speaker 20: about a truck driver taking something to report great big truck.

1065
00:49:31,840 --> 00:49:34,480
Speaker 20: It takes years and years to get that experience. So

1066
00:49:34,520 --> 00:49:37,120
Speaker 20: in the meantime, we do need labor from around the

1067
00:49:37,120 --> 00:49:39,840
Speaker 20: world to make sure that our businesses can function. So

1068
00:49:39,960 --> 00:49:41,120
Speaker 20: I think it's both those things.

1069
00:49:41,200 --> 00:49:44,040
Speaker 2: Okay. Another reporter read yesterday came from Lincoln University said

1070
00:49:44,040 --> 00:49:46,360
Speaker 2: a couple of really interesting things we could earn another

1071
00:49:46,400 --> 00:49:49,879
Speaker 2: ten billion over five to seven years through better land use,

1072
00:49:50,040 --> 00:49:54,560
Speaker 2: integrating horticulture into traditional pastoral systems, developing on farm processing

1073
00:49:54,560 --> 00:49:58,600
Speaker 2: to capture more value locally Mariagra business, high value niche products,

1074
00:49:58,600 --> 00:50:01,680
Speaker 2: Manuka honey, native by tentacles, et cetera. Are we on

1075
00:50:01,760 --> 00:50:02,319
Speaker 2: top of that?

1076
00:50:03,120 --> 00:50:03,200
Speaker 10: So?

1077
00:50:03,280 --> 00:50:06,160
Speaker 20: I agree completely with that. We have had rules of

1078
00:50:06,200 --> 00:50:08,200
Speaker 20: place in New Zealand for such a long time that

1079
00:50:08,280 --> 00:50:10,600
Speaker 20: says you can't do things with your own land even

1080
00:50:10,640 --> 00:50:14,120
Speaker 20: if there's a better or improved environmental or climate change

1081
00:50:14,320 --> 00:50:16,759
Speaker 20: outcome or footprint. I'm having a really good look at

1082
00:50:16,800 --> 00:50:19,319
Speaker 20: that and won't announce with me now, but give me

1083
00:50:19,320 --> 00:50:21,480
Speaker 20: another month or so we'll be talking about a lot.

1084
00:50:21,680 --> 00:50:23,719
Speaker 20: What we should be doing is saying to farmers, we're

1085
00:50:23,760 --> 00:50:25,840
Speaker 20: back here. We trust you. If you can show in

1086
00:50:25,880 --> 00:50:30,279
Speaker 20: the same or improved environmental footprint on your land, go

1087
00:50:30,360 --> 00:50:33,000
Speaker 20: for it. Get greater value of that land, including where

1088
00:50:33,040 --> 00:50:35,120
Speaker 20: you want to do more processing right there?

1089
00:50:35,239 --> 00:50:38,720
Speaker 2: What about the budget and the depreciation is that boom times?

1090
00:50:38,719 --> 00:50:40,640
Speaker 2: Are people actually going to pull the trigger or we

1091
00:50:40,840 --> 00:50:41,480
Speaker 2: still don't know?

1092
00:50:42,560 --> 00:50:46,359
Speaker 20: I am hearing from around rural New Zealand, but more

1093
00:50:46,360 --> 00:50:49,880
Speaker 20: than that from processes from the the wood processing industry

1094
00:50:50,280 --> 00:50:54,319
Speaker 20: that as a result of this additional depreciation on day one,

1095
00:50:54,600 --> 00:50:56,080
Speaker 20: that they aren't going to pull the trigger and start

1096
00:50:56,120 --> 00:50:58,200
Speaker 20: spending money, many of them wanting to do things and

1097
00:50:58,280 --> 00:51:00,880
Speaker 20: holding back. But think of it this way goes out

1098
00:51:00,920 --> 00:51:03,439
Speaker 20: and buys a tractor worth one hundred thousand dollars. There's

1099
00:51:03,600 --> 00:51:07,200
Speaker 20: nine thousand dollars in tax saving just from that purchase

1100
00:51:07,239 --> 00:51:10,279
Speaker 20: from nicol Lewis's new policy. Guess what he's going to do.

1101
00:51:10,320 --> 00:51:12,200
Speaker 20: He's not going to save and he's going to recycle

1102
00:51:12,239 --> 00:51:15,960
Speaker 20: that and spend that nine that nine thousand dollars somewhere

1103
00:51:16,000 --> 00:51:18,399
Speaker 20: else in the economy that supports the jobs and grows

1104
00:51:18,440 --> 00:51:21,040
Speaker 20: other businesses. So I think the field days will be

1105
00:51:21,120 --> 00:51:22,480
Speaker 20: unbelievably good this year.

1106
00:51:22,600 --> 00:51:24,840
Speaker 2: Good stuff always good to talk Minister of Agriculture and

1107
00:51:24,880 --> 00:51:27,040
Speaker 2: try Todd McLeod's good portfolio to have at the moment,

1108
00:51:27,080 --> 00:51:30,960
Speaker 2: isn't eighteen minutes away from eight enough? Actually, on Clarkson's farms,

1109
00:51:31,000 --> 00:51:34,400
Speaker 2: I went and looked up tractors yesterday because on Clarkson's

1110
00:51:34,400 --> 00:51:36,960
Speaker 2: farm I was watching he's getting in It was getting

1111
00:51:37,000 --> 00:51:38,960
Speaker 2: or is getting a new tractor and he had some

1112
00:51:39,000 --> 00:51:41,759
Speaker 2: big boys come in and they were in Britain two

1113
00:51:41,880 --> 00:51:43,880
Speaker 2: hundred and twenty two hundred and thirty two hundred and

1114
00:51:43,880 --> 00:51:48,600
Speaker 2: forty thousand pounds pounds, so half a million dollars for

1115
00:51:48,680 --> 00:51:51,840
Speaker 2: a big tractor. And I'm thinking, is that possible? Anyway,

1116
00:51:51,840 --> 00:51:53,520
Speaker 2: I'm looking them up here, I can find anything much

1117
00:51:53,520 --> 00:51:57,760
Speaker 2: more than two hundred thousand dollars. So is tractoring expensive

1118
00:51:57,760 --> 00:52:00,680
Speaker 2: in Britain for some reason and cheaper here? Or was

1119
00:52:00,719 --> 00:52:02,399
Speaker 2: I just looking at the wrong tractors? By the way,

1120
00:52:02,440 --> 00:52:04,560
Speaker 2: in New Zealand, I mentioned aviation a couple of times

1121
00:52:04,640 --> 00:52:07,560
Speaker 2: this week and things are starting to move around the place.

1122
00:52:07,640 --> 00:52:10,879
Speaker 2: In New Zealand announced yesterday Hamilton to christ Church. As

1123
00:52:10,920 --> 00:52:13,879
Speaker 2: of the middle of September, they're bringing the domestic jet

1124
00:52:14,000 --> 00:52:16,799
Speaker 2: services back for the first time in twenty five years.

1125
00:52:16,840 --> 00:52:19,239
Speaker 2: Can you believe that? Because, as you'll be well aware

1126
00:52:19,280 --> 00:52:22,560
Speaker 2: of you've ever left Hamilton, it's an ATR, it's a turboprop,

1127
00:52:22,840 --> 00:52:25,440
Speaker 2: it's propellers, which should be banned. To be fair, I mean,

1128
00:52:25,480 --> 00:52:28,120
Speaker 2: in twenty twenty five you should not be on something

1129
00:52:28,160 --> 00:52:30,279
Speaker 2: with a propeller unless it's your own plane. If you've

1130
00:52:30,280 --> 00:52:33,160
Speaker 2: got a little Cessna or something fantastic, have a good time.

1131
00:52:33,440 --> 00:52:36,480
Speaker 2: But in twenty twenty five, you should not be involving

1132
00:52:36,520 --> 00:52:40,160
Speaker 2: yourself with anything that has a propeller anyway. So they're

1133
00:52:40,239 --> 00:52:42,240
Speaker 2: bringing the jets back for the first time in twenty

1134
00:52:42,239 --> 00:52:45,200
Speaker 2: five years. Hamilton christ Church, they say, is one of

1135
00:52:45,200 --> 00:52:48,480
Speaker 2: the strongest, fastest growing regional routes. So that's encouraging. Sixteen

1136
00:52:48,560 --> 00:52:49,760
Speaker 2: two good.

1137
00:52:50,520 --> 00:52:54,919
Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio now

1138
00:52:54,920 --> 00:52:55,760
Speaker 1: ad By News talks.

1139
00:52:55,800 --> 00:52:59,239
Speaker 2: That'd be thirteen to Mike. Rule of thumb buying a

1140
00:52:59,320 --> 00:53:02,960
Speaker 2: tractor a cave per hp or horsepower every tractor on

1141
00:53:03,000 --> 00:53:04,439
Speaker 2: a farm for a dairy B one hundred and fifty

1142
00:53:04,440 --> 00:53:07,200
Speaker 2: break horsepower contracting two hundred and forty plus. That makes sense.

1143
00:53:07,239 --> 00:53:09,080
Speaker 2: Another of you're saying you get three four hundred thousand

1144
00:53:09,080 --> 00:53:11,799
Speaker 2: dollars tractor. I'm assuming that's true because I couldn't work

1145
00:53:11,800 --> 00:53:13,719
Speaker 2: out why it would be cheaper here than it is

1146
00:53:13,760 --> 00:53:15,719
Speaker 2: in Britain. Mike, I'm shopping for tractors at the moment.

1147
00:53:16,040 --> 00:53:18,439
Speaker 2: When you're getting into the one eighty plus horsepower range,

1148
00:53:18,440 --> 00:53:20,160
Speaker 2: you're over two hundred for the base model. For a

1149
00:53:20,239 --> 00:53:23,600
Speaker 2: large around two hundred plus horsepower, John Doer, you're starting

1150
00:53:23,600 --> 00:53:25,760
Speaker 2: at about four hundred thousand dollars. Mind, you'll last forever,

1151
00:53:25,800 --> 00:53:27,960
Speaker 2: doesn't it. Essentially, it's not like a car or anything, Mike,

1152
00:53:27,960 --> 00:53:31,040
Speaker 2: coffee is coffee is coffee, No difference between incidant or

1153
00:53:31,080 --> 00:53:32,200
Speaker 2: beans or plunger or filter.

1154
00:53:34,280 --> 00:53:38,520
Speaker 12: You realize that your whole price arguments completely flawed.

1155
00:53:38,560 --> 00:53:39,319
Speaker 14: Don't you do it?

1156
00:53:39,360 --> 00:53:39,520
Speaker 11: Well?

1157
00:53:39,520 --> 00:53:42,280
Speaker 2: Of course I do right. But it's about It's about emotion,

1158
00:53:42,440 --> 00:53:44,080
Speaker 2: is what I'm trying to explain to you.

1159
00:53:44,200 --> 00:53:46,279
Speaker 12: I'm just worried that you thought that a spoonful of

1160
00:53:46,360 --> 00:53:49,160
Speaker 12: instant coffee. It's I've done the same amount of coffee

1161
00:53:49,200 --> 00:53:50,400
Speaker 12: as a spoonful of coffee.

1162
00:53:50,440 --> 00:53:52,680
Speaker 2: I would argue that you would get what would you

1163
00:53:52,719 --> 00:53:54,360
Speaker 2: get out of a jar of instant coffee?

1164
00:53:54,400 --> 00:53:56,799
Speaker 14: Twenty oh way more?

1165
00:53:57,239 --> 00:53:59,120
Speaker 2: Yeah, but you're waking weak coffee. You're the sort of

1166
00:53:59,120 --> 00:54:02,160
Speaker 2: person who would make I would nana coffee.

1167
00:54:02,200 --> 00:54:04,120
Speaker 12: I see, I don't. I don't do a spoonful of

1168
00:54:04,120 --> 00:54:06,360
Speaker 12: coffee in the morning. I dip my mug.

1169
00:54:06,480 --> 00:54:08,239
Speaker 2: Yeah, but I reckon you do three or four I

1170
00:54:08,280 --> 00:54:10,359
Speaker 2: reckon you do three or four spoons. Yeah, be three

1171
00:54:10,440 --> 00:54:11,319
Speaker 2: or four spoons.

1172
00:54:11,120 --> 00:54:15,960
Speaker 12: But that still is not that weighs less than one

1173
00:54:16,000 --> 00:54:17,120
Speaker 12: spoonful of coffee beans.

1174
00:54:17,120 --> 00:54:19,480
Speaker 2: I'd do you reckon people, the people this morning out

1175
00:54:19,480 --> 00:54:21,799
Speaker 2: of Australia's no reason to believe this isn't applicable here

1176
00:54:22,800 --> 00:54:26,280
Speaker 2: only seven percent to seven percent seven of gin zas.

1177
00:54:26,320 --> 00:54:27,839
Speaker 2: So that's yeah, But I don't know. You're twenty year

1178
00:54:27,840 --> 00:54:30,680
Speaker 2: olds and eight percent of speaking of twenty year old's

1179
00:54:30,719 --> 00:54:34,520
Speaker 2: our oldest eldest Jackson's twenty six today, parent of a

1180
00:54:34,520 --> 00:54:37,600
Speaker 2: twenty six year old. How depressing is that? So depressing? Well,

1181
00:54:37,680 --> 00:54:40,880
Speaker 2: not depressing because he's cool, but it's still numerical.

1182
00:54:40,440 --> 00:54:42,080
Speaker 14: Least he's not living in your house anymore.

1183
00:54:42,120 --> 00:54:44,839
Speaker 2: You're certainly not living in the house. And and can

1184
00:54:44,920 --> 00:54:47,280
Speaker 2: I just say, can I just say for all your parents?

1185
00:54:48,000 --> 00:54:49,480
Speaker 2: I have to come back to that. So because I've

1186
00:54:49,480 --> 00:54:51,319
Speaker 2: got a thought, can I just say, for all the

1187
00:54:51,360 --> 00:54:52,759
Speaker 2: parents to come up to me on a constant base,

1188
00:54:52,880 --> 00:54:53,759
Speaker 2: Are they bounce back?

1189
00:54:54,680 --> 00:54:54,759
Speaker 13: No?

1190
00:54:54,880 --> 00:54:57,480
Speaker 2: They don't, not if you don't let them. Are they

1191
00:54:57,480 --> 00:55:00,279
Speaker 2: bounced back? Not if you don't let them. Of the

1192
00:55:00,320 --> 00:55:02,600
Speaker 2: four that have left, one's too young to leave. I

1193
00:55:02,640 --> 00:55:04,440
Speaker 2: mean not according to me, but according to others in

1194
00:55:04,440 --> 00:55:06,560
Speaker 2: the house, she is. Those she had left, well, she's

1195
00:55:06,760 --> 00:55:09,920
Speaker 2: you know, it's it's a moving feast anyway. Of the

1196
00:55:09,960 --> 00:55:12,879
Speaker 2: four who's left, who have left, no one's come back

1197
00:55:13,480 --> 00:55:13,920
Speaker 2: and from this.

1198
00:55:14,120 --> 00:55:16,600
Speaker 14: Obviously we're just finding out that one has bounced back.

1199
00:55:17,239 --> 00:55:19,600
Speaker 2: Let me just say, let me just say, and they

1200
00:55:19,640 --> 00:55:22,919
Speaker 2: never will. And they never will. So when you say

1201
00:55:23,360 --> 00:55:25,640
Speaker 2: I was coming back, no, they don't. Not if you

1202
00:55:25,719 --> 00:55:28,239
Speaker 2: don't want them to tend away from eight the.

1203
00:55:28,360 --> 00:55:32,120
Speaker 1: Mike Hosking breakfast with Bailey's Real Estate News Dogs, they'd

1204
00:55:32,120 --> 00:55:34,719
Speaker 1: be sorry.

1205
00:55:35,719 --> 00:55:39,080
Speaker 2: The twenty four dollars for the coffee does not include postage,

1206
00:55:39,080 --> 00:55:41,040
Speaker 2: so we're paying twenty four. Also, when I said we

1207
00:55:41,120 --> 00:55:43,480
Speaker 2: have oat milk in our house, we don't. That's full

1208
00:55:43,520 --> 00:55:44,960
Speaker 2: of crap. So I don't know what we have. We

1209
00:55:45,040 --> 00:55:48,360
Speaker 2: have some other whifs. What would it be? Would it

1210
00:55:48,400 --> 00:55:49,040
Speaker 2: be soy milk.

1211
00:55:49,320 --> 00:55:51,600
Speaker 14: I don't believe anything you say anymore.

1212
00:55:51,280 --> 00:55:53,800
Speaker 2: So I don't either. I find it better that way.

1213
00:55:53,920 --> 00:55:57,000
Speaker 2: It's more fun. Seven Away from a Catnip. It's the

1214
00:55:57,000 --> 00:56:00,440
Speaker 2: next big thing for our export industry. Apparently first catnet

1215
00:56:00,440 --> 00:56:03,520
Speaker 2: based wine taps into a growing trend for the human

1216
00:56:04,160 --> 00:56:09,880
Speaker 2: afication humanification of pet diet. Apparently it's backing from the

1217
00:56:09,920 --> 00:56:12,680
Speaker 2: New Zealand Trading Enterprise to go global. Apparently John Roberts

1218
00:56:12,760 --> 00:56:14,759
Speaker 2: is the director of Muttley's Estate and he's doing all

1219
00:56:14,800 --> 00:56:16,399
Speaker 2: of this, and he's well, this John, very good morning

1220
00:56:16,440 --> 00:56:16,719
Speaker 2: to you.

1221
00:56:17,400 --> 00:56:17,880
Speaker 24: Good morning.

1222
00:56:17,920 --> 00:56:21,680
Speaker 2: I've looked at your website. Looks quite cool. Cat nip itself.

1223
00:56:21,800 --> 00:56:25,880
Speaker 2: How widespread, how commercially used is it, whether in wine

1224
00:56:25,960 --> 00:56:26,160
Speaker 2: or not?

1225
00:56:27,480 --> 00:56:31,359
Speaker 24: Commercially not very at the moment. We're trying to grow

1226
00:56:31,400 --> 00:56:35,040
Speaker 24: that market segment. It's a relatively easy crop to grow.

1227
00:56:35,360 --> 00:56:37,359
Speaker 2: Okay. So you take a bottle of this and your

1228
00:56:37,440 --> 00:56:39,560
Speaker 2: your marketing is quite clever by the way, per no

1229
00:56:40,440 --> 00:56:43,279
Speaker 2: et cetera. And you put what a little bit in

1230
00:56:43,360 --> 00:56:45,960
Speaker 2: the food or they drink it straight the cattle the dog.

1231
00:56:46,560 --> 00:56:47,960
Speaker 24: They drink it straight out of the bottle.

1232
00:56:48,040 --> 00:56:51,359
Speaker 2: It's a RTD wow and they And can you tell

1233
00:56:51,360 --> 00:56:53,520
Speaker 2: whether when you say they, you know, sort of distresses

1234
00:56:53,520 --> 00:56:54,879
Speaker 2: them or can you tell that for.

1235
00:56:54,840 --> 00:56:58,040
Speaker 1: Sure or yeah, definitely you can.

1236
00:56:58,280 --> 00:57:03,600
Speaker 24: With dogs, especially especially older dogs or dogs around fireworks,

1237
00:57:04,080 --> 00:57:05,799
Speaker 24: it really does seem to calm them down when you

1238
00:57:05,800 --> 00:57:09,600
Speaker 24: put it in the bowl. They just jumped straight at it.

1239
00:57:09,760 --> 00:57:13,160
Speaker 24: During one of our tasting events in Herne Bay and

1240
00:57:13,520 --> 00:57:17,360
Speaker 24: also lloyd Alsmore in East Auckland, the dogs ended up

1241
00:57:17,400 --> 00:57:20,520
Speaker 24: actually rolling around in the bowl of the cabinet try

1242
00:57:20,520 --> 00:57:21,320
Speaker 24: and get it on their skin.

1243
00:57:21,640 --> 00:57:24,560
Speaker 2: Okay, and shelf stable seems to be the key. You've

1244
00:57:24,560 --> 00:57:26,280
Speaker 2: made the stuff shelf stable? How have you done that?

1245
00:57:26,400 --> 00:57:27,200
Speaker 2: Is that complex?

1246
00:57:28,160 --> 00:57:29,840
Speaker 24: Yeah, it took quite a bit of R and D

1247
00:57:30,000 --> 00:57:32,520
Speaker 24: to get some of the earlier batches We needed to

1248
00:57:32,560 --> 00:57:35,280
Speaker 24: have a little play around with, but yeah, we finally

1249
00:57:35,320 --> 00:57:36,240
Speaker 24: managed to figure it out.

1250
00:57:36,760 --> 00:57:40,000
Speaker 2: Wow, And so you've got the market is sort of

1251
00:57:40,080 --> 00:57:43,320
Speaker 2: to yourself at the moment. What's the plan for the upscale?

1252
00:57:44,080 --> 00:57:47,200
Speaker 24: Same for the upscale is exporting at the moment. We've

1253
00:57:47,200 --> 00:57:50,880
Speaker 24: only been around for a short while, getting good support

1254
00:57:50,920 --> 00:57:54,760
Speaker 24: locally vet clinics, pet retailers, that sort of thing. But

1255
00:57:54,840 --> 00:57:57,840
Speaker 24: we are targeting the US and the Australian markets.

1256
00:57:58,040 --> 00:58:00,640
Speaker 2: And what sort of growth do you see? Or you

1257
00:58:00,720 --> 00:58:02,720
Speaker 2: just wouldn't dip your toe in and see what happens.

1258
00:58:04,200 --> 00:58:08,479
Speaker 24: Growth in terms of the actual markets themselves is growing

1259
00:58:08,560 --> 00:58:10,960
Speaker 24: quite rapidly. I think it's a five point seven percent

1260
00:58:11,320 --> 00:58:14,720
Speaker 24: projected growth in the pet tree market in New Zealand

1261
00:58:14,760 --> 00:58:18,800
Speaker 24: going forward. Yes, but the global pet tree market is

1262
00:58:18,960 --> 00:58:20,400
Speaker 24: just massive.

1263
00:58:21,160 --> 00:58:24,040
Speaker 2: People are mental, I mean, what were Anyone who's got

1264
00:58:24,080 --> 00:58:26,320
Speaker 2: a pet goes mental? Don't they? There's no amount of

1265
00:58:26,320 --> 00:58:30,160
Speaker 2: money you are not prepared to spend on your pet yeah.

1266
00:58:30,720 --> 00:58:33,160
Speaker 24: I mean even in America they've got designer dog clothes

1267
00:58:33,200 --> 00:58:34,360
Speaker 24: like Hugo Boss hoodies.

1268
00:58:35,640 --> 00:58:37,800
Speaker 2: Yeah, what's wrong with that. I've got one of those. No,

1269
00:58:37,800 --> 00:58:39,760
Speaker 2: I'm kidding, I haven't got one of those. Exactly do

1270
00:58:39,800 --> 00:58:42,720
Speaker 2: you come from catnip? From pet food? How do you

1271
00:58:42,720 --> 00:58:43,280
Speaker 2: get into this?

1272
00:58:44,360 --> 00:58:48,080
Speaker 24: My family in vetery pharmaceuticals, so we've had a veterary

1273
00:58:48,120 --> 00:58:51,479
Speaker 24: pharmaceutical company founded by my grandfather for a number of years.

1274
00:58:51,720 --> 00:58:53,960
Speaker 2: There you go, well, congratulations on it. I hope it

1275
00:58:54,000 --> 00:58:55,840
Speaker 2: goes extremely well for you and we'll stay in touch

1276
00:58:55,880 --> 00:58:59,000
Speaker 2: and chart your journey. John Roberts's, director of Muttley's Estate.

1277
00:58:59,360 --> 00:59:01,840
Speaker 2: Have a look at their website. It's it's quite cool

1278
00:59:01,880 --> 00:59:03,880
Speaker 2: if you're into the cat nap. That's the other thing

1279
00:59:03,920 --> 00:59:06,520
Speaker 2: along with coffee, isn't it. Once you get a pet.

1280
00:59:06,720 --> 00:59:08,640
Speaker 2: Samy's got a pet house. Day three of the pet

1281
00:59:08,840 --> 00:59:12,120
Speaker 2: By the ways, that day three of the pet day one, unfortunately,

1282
00:59:12,120 --> 00:59:15,880
Speaker 2: doggy did the poopoos inside, I.

1283
00:59:15,800 --> 00:59:16,800
Speaker 14: Said, sons standard.

1284
00:59:17,000 --> 00:59:19,160
Speaker 2: Yeah, at least the doggie didn't do the poo poos

1285
00:59:19,200 --> 00:59:21,320
Speaker 2: inside on the dining table, because there isn't one.

1286
00:59:24,360 --> 00:59:25,760
Speaker 14: Just a couple of corrections.

1287
00:59:25,760 --> 00:59:29,200
Speaker 12: By the way, Yes, I've heard it from my informant

1288
00:59:29,240 --> 00:59:31,040
Speaker 12: that all your kids have left home.

1289
00:59:31,240 --> 00:59:35,040
Speaker 14: Yes, and it's soy protein plus milk.

1290
00:59:35,320 --> 00:59:36,200
Speaker 2: Soy protein I knew.

1291
00:59:36,360 --> 00:59:40,160
Speaker 12: Apparently that's the only one that doesn't have added oils

1292
00:59:40,200 --> 00:59:40,800
Speaker 12: and fillers.

1293
00:59:41,040 --> 00:59:44,240
Speaker 2: Very good points. Quote crap, Yeah, that's that's what the

1294
00:59:44,320 --> 00:59:46,320
Speaker 2: texts were saying earlier. And I couldn't work out whether

1295
00:59:46,400 --> 00:59:48,200
Speaker 2: texts were right or my wife was right. My wife

1296
00:59:48,280 --> 00:59:50,320
Speaker 2: was right all along, of course obviously, Well when isn't

1297
00:59:50,320 --> 00:59:52,880
Speaker 2: she That is correct and they have all lost left home.

1298
00:59:53,080 --> 00:59:57,360
Speaker 2: So that's five out of five. I come on, go

1299
00:59:57,560 --> 00:59:59,720
Speaker 2: the good parenting use for you in a couple of moments.

1300
00:59:59,760 --> 01:00:05,720
Speaker 2: Then politics Wednesday.

1301
01:00:03,440 --> 01:00:08,000
Speaker 1: The news and the news makers, the mic asking breakfast

1302
01:00:08,160 --> 01:00:12,400
Speaker 1: with Bailey's real estate, your local experts across residential, commercial

1303
01:00:12,480 --> 01:00:13,960
Speaker 1: and rural news talks dead be.

1304
01:00:17,080 --> 01:00:17,960
Speaker 8: People just get.

1305
01:00:19,600 --> 01:00:22,520
Speaker 2: Maybe we are to talk about a gun going on.

1306
01:00:24,240 --> 01:00:32,360
Speaker 2: Everybody knows a better way. Everyone said taj Mahal as

1307
01:00:32,360 --> 01:00:34,480
Speaker 2: tang Mahal wasn't as opposed to kiv Mo. This is

1308
01:00:34,560 --> 01:00:39,680
Speaker 2: kim Mo and taj Mahal taj Mo. They did tam

1309
01:00:39,800 --> 01:00:43,440
Speaker 2: back in twenty seventeen, and they toured the world with it,

1310
01:00:43,800 --> 01:00:46,600
Speaker 2: and they thought this is cooled, that's one off, did

1311
01:00:46,640 --> 01:00:49,800
Speaker 2: it dusted done? And then somebody went, oh that was

1312
01:00:49,840 --> 01:00:51,840
Speaker 2: really cooled. Maybe you know, hey, could you do some more?

1313
01:00:51,880 --> 01:00:54,200
Speaker 2: And they think, oh, we did so for a couple

1314
01:00:54,200 --> 01:00:56,800
Speaker 2: of weeks they got together in a Nashville studio and

1315
01:00:56,840 --> 01:01:02,760
Speaker 2: they produced this, which is called Room on the portas everywhere.

1316
01:01:03,920 --> 01:01:05,440
Speaker 8: It's a bum on my fit.

1317
01:01:07,800 --> 01:01:11,880
Speaker 2: It's a little bit disappointing because there's only ten tracks,

1318
01:01:12,640 --> 01:01:18,200
Speaker 2: seven originals, three covers, but it's forty three minutes and

1319
01:01:18,240 --> 01:01:21,840
Speaker 2: forty five seconds worth of taj Mahal and kebmo or

1320
01:01:22,040 --> 01:01:25,720
Speaker 2: taj Ma. It is eight minutes lass day on the

1321
01:01:25,760 --> 01:01:29,320
Speaker 2: My Costing Breakfast with Jinny Anderson and Mark Mitchell for

1322
01:01:29,360 --> 01:01:30,919
Speaker 2: Politics Wednesday. Good morning to you both.

1323
01:01:31,600 --> 01:01:32,880
Speaker 11: Good morning Mike, morning Jilly.

1324
01:01:33,000 --> 01:01:35,439
Speaker 2: Now a broad subject that you both will have dealt

1325
01:01:35,480 --> 01:01:38,040
Speaker 2: within your ministerial roles over the time. Now, Mark, you

1326
01:01:38,120 --> 01:01:40,840
Speaker 2: weren't on this program yesterday when there I suggest you

1327
01:01:40,880 --> 01:01:43,360
Speaker 2: needed to be, when all of this, this this retail

1328
01:01:43,480 --> 01:01:46,200
Speaker 2: crime stuff was breaking and there were memos flying all

1329
01:01:46,240 --> 01:01:48,360
Speaker 2: over the place and the police weren't looking at small

1330
01:01:48,360 --> 01:01:50,480
Speaker 2: time crime anymore. And we rang your office and we

1331
01:01:50,480 --> 01:01:52,920
Speaker 2: were told Mark's not doing any more. Interviews on the subject. Now,

1332
01:01:53,040 --> 01:01:55,920
Speaker 2: what one, What the hell does that mean? And where

1333
01:01:55,920 --> 01:01:58,640
Speaker 2: were you and why aren't you more accountable on this

1334
01:01:58,640 --> 01:02:02,320
Speaker 2: stuff given you you hung your hat on crime and

1335
01:02:02,320 --> 01:02:02,880
Speaker 2: getting it down.

1336
01:02:02,880 --> 01:02:05,120
Speaker 11: Well, I didn't. I didn't. I didn't have visibility on there.

1337
01:02:05,120 --> 01:02:06,360
Speaker 11: If I knew that you wanted to come on the

1338
01:02:06,400 --> 01:02:08,080
Speaker 11: show would have come immediately. I was on with Kerry,

1339
01:02:08,080 --> 01:02:10,560
Speaker 11: I was on with Heather so Ill.

1340
01:02:11,320 --> 01:02:11,640
Speaker 8: Office.

1341
01:02:11,640 --> 01:02:13,960
Speaker 2: That's blocking you because this is bollocks, because we're having

1342
01:02:14,000 --> 01:02:15,640
Speaker 2: the same and I won't bore you guys with it,

1343
01:02:15,640 --> 01:02:17,320
Speaker 2: but I'll do it after eight thirty. We're having the

1344
01:02:17,320 --> 01:02:19,800
Speaker 2: same problem with the Prime Minister at the moment, and

1345
01:02:19,840 --> 01:02:22,919
Speaker 2: this all these little people running around an office.

1346
01:02:22,920 --> 01:02:23,040
Speaker 11: Ag.

1347
01:02:23,120 --> 01:02:25,200
Speaker 2: I'm sorry the monuster is not available at that time.

1348
01:02:25,320 --> 01:02:27,680
Speaker 2: The day, I think tells that about Well.

1349
01:02:27,720 --> 01:02:29,520
Speaker 11: The only the only thing that I can put it

1350
01:02:29,560 --> 01:02:31,760
Speaker 11: down to is because all the media requests I got

1351
01:02:31,800 --> 01:02:33,480
Speaker 11: you today, I went on. I wasn't aware of this one.

1352
01:02:33,520 --> 01:02:35,720
Speaker 11: But maybe there's a decision made because I was meeting

1353
01:02:35,720 --> 01:02:39,280
Speaker 11: with all my local Saint John's leadership, and it's possible

1354
01:02:39,280 --> 01:02:41,120
Speaker 11: that I depend on what time you asked, that I

1355
01:02:41,160 --> 01:02:43,240
Speaker 11: was in a meeting with them, because I did meet

1356
01:02:43,240 --> 01:02:44,560
Speaker 11: and spend the morning with them yesterday.

1357
01:02:44,600 --> 01:02:46,280
Speaker 2: Yeah, but here's my thing and what we always say,

1358
01:02:46,280 --> 01:02:47,760
Speaker 2: and we're doing this with the Prime Minister at the moment.

1359
01:02:47,800 --> 01:02:50,200
Speaker 2: I'm here at three in the morning, available anytime. You're like, mate,

1360
01:02:50,200 --> 01:02:51,880
Speaker 2: we'll pre record it from three in the morning. And

1361
01:02:51,880 --> 01:02:54,120
Speaker 2: you can't tell me there's a single minister in any government,

1362
01:02:54,120 --> 01:02:56,760
Speaker 2: anyone in the world you know, is not available or

1363
01:02:56,800 --> 01:02:59,040
Speaker 2: busy at three o'clock in the morning. So there's something

1364
01:02:59,080 --> 01:03:01,600
Speaker 2: going on with your calm and government. And for you,

1365
01:03:01,640 --> 01:03:04,280
Speaker 2: this doesn't look good because we had to explain you

1366
01:03:04,280 --> 01:03:07,080
Speaker 2: weren't doing interviews and you weren't available and on a

1367
01:03:07,160 --> 01:03:09,320
Speaker 2: subject that's that's critical for you.

1368
01:03:10,000 --> 01:03:12,080
Speaker 11: Look, I agree with you entirely, and I have to

1369
01:03:12,080 --> 01:03:14,560
Speaker 11: say that my entire time as Police Minister, I don't

1370
01:03:14,640 --> 01:03:16,600
Speaker 11: I think I've missed maybe one or two interviews because

1371
01:03:16,600 --> 01:03:18,680
Speaker 11: I've been tied up or been traveling. I do every

1372
01:03:18,720 --> 01:03:21,120
Speaker 11: media request I get I front up to because I

1373
01:03:21,120 --> 01:03:23,720
Speaker 11: think part of democracy we need to do that. I

1374
01:03:23,720 --> 01:03:26,800
Speaker 11: don't know what happened yesterday. I apologize for that.

1375
01:03:26,840 --> 01:03:29,680
Speaker 2: I haven't done apologies and I don't want I don't

1376
01:03:29,720 --> 01:03:31,760
Speaker 2: want to make this about me and it's like, I'm

1377
01:03:31,760 --> 01:03:34,080
Speaker 2: so important, you must front up. All I'm saying is

1378
01:03:34,120 --> 01:03:36,240
Speaker 2: from your you guys point of view, and you would

1379
01:03:36,280 --> 01:03:39,000
Speaker 2: understand this journey when you've said what you've said about

1380
01:03:39,000 --> 01:03:41,920
Speaker 2: retail crime and what was unfolding yesterday. You need to

1381
01:03:41,920 --> 01:03:43,240
Speaker 2: be front and center on that, don't you.

1382
01:03:46,360 --> 01:03:48,800
Speaker 11: Yeah. I think that I think she might have. I

1383
01:03:48,800 --> 01:03:51,000
Speaker 11: think you chowing cheeks, might have hit the rob button again.

1384
01:03:51,040 --> 01:03:52,400
Speaker 1: But look, no, I'm here.

1385
01:03:52,120 --> 01:03:53,959
Speaker 13: I'm here, and I thought it was he was acting

1386
01:03:54,040 --> 01:03:55,080
Speaker 13: you thought, not me.

1387
01:03:55,920 --> 01:03:58,800
Speaker 11: No, I just I just say my I agree with you.

1388
01:03:58,800 --> 01:04:01,040
Speaker 11: You do have to front up. Did I did front

1389
01:04:01,080 --> 01:04:02,760
Speaker 11: up to all the media. I don't know what happened

1390
01:04:02,760 --> 01:04:05,000
Speaker 11: with yours. I'll go back and find out. You've got

1391
01:04:05,000 --> 01:04:06,160
Speaker 11: my number? You text me.

1392
01:04:06,240 --> 01:04:10,160
Speaker 2: No, that's that's for another day. I guess, Ginny, do

1393
01:04:10,160 --> 01:04:13,200
Speaker 2: you have any sympathy on this? I mean, more importantly,

1394
01:04:13,240 --> 01:04:16,840
Speaker 2: I suppose is by the time Chambers fronted up yesterday,

1395
01:04:16,920 --> 01:04:18,800
Speaker 2: we seem to have an answer or are you not

1396
01:04:18,920 --> 01:04:20,080
Speaker 2: convinced with the answer.

1397
01:04:20,920 --> 01:04:23,600
Speaker 13: I'm not convinced with the answer. The person whose response

1398
01:04:23,720 --> 01:04:27,120
Speaker 13: was a superintendent that's very high up in police. So

1399
01:04:27,240 --> 01:04:29,920
Speaker 13: even Sunny Kushol, whose Mark's head of Retail Crime group

1400
01:04:30,440 --> 01:04:32,800
Speaker 13: is skeptical about what the order is for it to

1401
01:04:32,840 --> 01:04:34,760
Speaker 13: be that high up the chain and a MIMO given

1402
01:04:34,760 --> 01:04:38,120
Speaker 13: out as indicative that there is real pressure on the

1403
01:04:38,120 --> 01:04:40,640
Speaker 13: front line to be able to investigate these crimes.

1404
01:04:40,960 --> 01:04:44,000
Speaker 2: Yeah, But having said, do we get an answer mark

1405
01:04:44,080 --> 01:04:47,960
Speaker 2: because the words were there in a memo and that

1406
01:04:48,040 --> 01:04:51,200
Speaker 2: doesn't seem to doubtail with what you promised the people

1407
01:04:51,240 --> 01:04:54,080
Speaker 2: of this country poorlywooded memo.

1408
01:04:54,240 --> 01:04:56,800
Speaker 11: Both both myself and the Commission have been very clear

1409
01:04:56,800 --> 01:04:59,439
Speaker 11: about that. We've also been very clear that no, there

1410
01:04:59,440 --> 01:05:02,120
Speaker 11: are no three sholds that if a member of the

1411
01:05:02,120 --> 01:05:04,480
Speaker 11: public reports a crime, regardless of the value of it,

1412
01:05:04,800 --> 01:05:08,120
Speaker 11: there'll be a police response. Now, they've always had to trios,

1413
01:05:08,160 --> 01:05:11,960
Speaker 11: they've always had to prioritize because there is only so

1414
01:05:12,000 --> 01:05:14,040
Speaker 11: many frontline police officers and they have to work out

1415
01:05:14,080 --> 01:05:17,000
Speaker 11: and prioritize around the serious of the job. There's risks

1416
01:05:17,040 --> 01:05:22,120
Speaker 11: to someone's you know, there's risk of harm. So that's

1417
01:05:22,160 --> 01:05:23,960
Speaker 11: always happened. But we've been very clear that there's no

1418
01:05:24,040 --> 01:05:26,960
Speaker 11: three sholds. The police are doing an outstanding job and

1419
01:05:27,000 --> 01:05:29,120
Speaker 11: they make no mistake. We had a big mountain to

1420
01:05:29,160 --> 01:05:31,560
Speaker 11: climb as an incoming government we've been focused on retail

1421
01:05:31,640 --> 01:05:34,560
Speaker 11: violent retail crime. We've seen some good success there, but

1422
01:05:34,600 --> 01:05:38,120
Speaker 11: we're also focusing on the nonviolent retail crime that can't

1423
01:05:38,120 --> 01:05:40,480
Speaker 11: be solved entirely by itself by police. We're working with

1424
01:05:40,520 --> 01:05:43,280
Speaker 11: the stakeholders with the retail sector. We're doing some really

1425
01:05:43,280 --> 01:05:46,640
Speaker 11: good work around there. Sonny Kelshall and his group being

1426
01:05:46,840 --> 01:05:52,040
Speaker 11: forward some very very good advice around additional powers and

1427
01:05:52,160 --> 01:05:54,680
Speaker 11: things that we can do to help them, facial recognition,

1428
01:05:55,040 --> 01:05:58,160
Speaker 11: food stuffs around an outstanding trial on that that's been

1429
01:05:58,240 --> 01:06:01,200
Speaker 11: very successful. So there's lots of things that are happening

1430
01:06:01,280 --> 01:06:02,919
Speaker 11: in that space to make sure that we're a safer

1431
01:06:03,000 --> 01:06:05,520
Speaker 11: country and that retail employees can go to their workplace

1432
01:06:05,840 --> 01:06:06,760
Speaker 11: and not feel threatened.

1433
01:06:06,800 --> 01:06:09,040
Speaker 2: All right, give you, give you a craicking enviment, Junny,

1434
01:06:09,080 --> 01:06:10,640
Speaker 2: just two seconds. Do that, and I'm want to talk

1435
01:06:10,640 --> 01:06:11,720
Speaker 2: to you about private health as well.

1436
01:06:11,720 --> 01:06:17,320
Speaker 1: Thirteen past eight, the Mike Hosking Breakfast Full Show podcast

1437
01:06:17,360 --> 01:06:20,200
Speaker 1: on iHeartRadio, car It Bay News talks.

1438
01:06:19,960 --> 01:06:22,360
Speaker 2: It be new Stalks that be called a bus stay

1439
01:06:22,440 --> 01:06:25,640
Speaker 2: Junny Anderson, Mark Mitellwright, Ginny your comment, I.

1440
01:06:25,640 --> 01:06:27,760
Speaker 13: Was just interested to know why the memo was written

1441
01:06:27,840 --> 01:06:30,880
Speaker 13: in the first place. It's superintendent within police with very

1442
01:06:30,920 --> 01:06:35,479
Speaker 13: specific amounts of money that have been obviously talked about

1443
01:06:35,520 --> 01:06:38,960
Speaker 13: and decided. That doesn't just materialize that a thinny. I mean,

1444
01:06:39,200 --> 01:06:41,560
Speaker 13: where did that come from and why did it occur?

1445
01:06:43,080 --> 01:06:45,240
Speaker 11: Well, I mean the simple answer there is that you've

1446
01:06:45,280 --> 01:06:47,960
Speaker 11: got to like all of our police officers, including the police,

1447
01:06:48,040 --> 01:06:50,600
Speaker 11: our senior police leadership, they try to do the best

1448
01:06:50,600 --> 01:06:52,800
Speaker 11: that they can. They're trying to provide the best possible

1449
01:06:52,840 --> 01:06:55,680
Speaker 11: service to the public, and of course they have to

1450
01:06:55,680 --> 01:06:59,160
Speaker 11: be able to manage resources properly. The problem with that

1451
01:06:59,240 --> 01:07:01,920
Speaker 11: and Memos agrees that it was poorly worded and it

1452
01:07:02,000 --> 01:07:04,120
Speaker 11: left the impression that there's going to be thresholds around

1453
01:07:04,480 --> 01:07:06,160
Speaker 11: response by police and both myself.

1454
01:07:07,320 --> 01:07:09,480
Speaker 2: That's a question though Mark from Jim, why put a

1455
01:07:09,560 --> 01:07:12,280
Speaker 2: number on it, because all it does, I suspect, unfortunately,

1456
01:07:12,840 --> 01:07:15,440
Speaker 2: is confirm what most people would believe, rightly or wrongly,

1457
01:07:15,600 --> 01:07:17,200
Speaker 2: that if it's not worth much value, you're never going

1458
01:07:17,240 --> 01:07:17,880
Speaker 2: to see the cops.

1459
01:07:18,480 --> 01:07:20,800
Speaker 13: And people know that already, right, people know that under

1460
01:07:20,800 --> 01:07:22,680
Speaker 13: a certain amount it is really hard to get placed

1461
01:07:22,720 --> 01:07:24,720
Speaker 13: to turn that. So, I mean, I don't accept the

1462
01:07:24,760 --> 01:07:28,760
Speaker 13: word it was poorly worded. It's pretty clear what it said.

1463
01:07:28,880 --> 01:07:31,720
Speaker 11: That's nothing new, and as the incoming policemannister, that had

1464
01:07:31,720 --> 01:07:34,360
Speaker 11: been happening under the previous government. Quite simply, what we're

1465
01:07:34,360 --> 01:07:36,560
Speaker 11: trying to do is we're trying to free up those resources.

1466
01:07:36,560 --> 01:07:39,200
Speaker 11: We've got the police head a sixty percent increase in

1467
01:07:39,600 --> 01:07:42,440
Speaker 11: attaining mental health callouts. Many of those they don't need

1468
01:07:42,440 --> 01:07:44,040
Speaker 11: to be at it, and there's a proper health response

1469
01:07:44,120 --> 01:07:46,520
Speaker 11: to them. So time we've freeing up resource so they

1470
01:07:46,520 --> 01:07:47,800
Speaker 11: can actually get to these events.

1471
01:07:49,600 --> 01:07:51,920
Speaker 2: Genny, let me ask you this, and it seems to

1472
01:07:51,920 --> 01:07:54,080
Speaker 2: be perpetrated by you guys, and as far as I

1473
01:07:54,080 --> 01:07:55,920
Speaker 2: can work out radio in New Zealand, but this obsession

1474
01:07:55,960 --> 01:07:58,760
Speaker 2: you guys have with having elective operations in private hospitals,

1475
01:07:59,080 --> 01:08:02,040
Speaker 2: what's wrong with that?

1476
01:08:02,040 --> 01:08:03,720
Speaker 13: That's one of the blue.

1477
01:08:03,880 --> 01:08:06,680
Speaker 2: Well you guys on and on and on about it.

1478
01:08:06,720 --> 01:08:09,760
Speaker 2: Suddenly you know, elective elective surgery because the public health

1479
01:08:09,760 --> 01:08:11,480
Speaker 2: system is the way it is, and because you should

1480
01:08:11,480 --> 01:08:14,280
Speaker 2: have staff, and because you can't get so you're sending

1481
01:08:14,360 --> 01:08:17,400
Speaker 2: some stuff out to private hospitals. Elective operations are being

1482
01:08:17,400 --> 01:08:19,160
Speaker 2: done in private hospitals, and all of a sudden, all

1483
01:08:19,160 --> 01:08:21,120
Speaker 2: hell's breaking list because there's something wrong with that. I

1484
01:08:21,200 --> 01:08:22,160
Speaker 2: just can't for the life.

1485
01:08:22,560 --> 01:08:25,160
Speaker 13: It was the problem. The problem I understand is what

1486
01:08:25,200 --> 01:08:27,760
Speaker 13: happened under the last National government is when they put

1487
01:08:27,760 --> 01:08:31,200
Speaker 13: in these goals of how many elective surgeries they need

1488
01:08:31,240 --> 01:08:33,920
Speaker 13: to meet. One of them, for example, is cataracts, which

1489
01:08:33,960 --> 01:08:36,200
Speaker 13: is really easy to do. It's a quick one, so

1490
01:08:36,240 --> 01:08:38,839
Speaker 13: you can show very quickly that you get high numbers

1491
01:08:39,080 --> 01:08:42,320
Speaker 13: because it doesn't specify which what is the electrove surgery.

1492
01:08:42,560 --> 01:08:45,240
Speaker 13: So under the last National government we saw that being

1493
01:08:45,360 --> 01:08:49,759
Speaker 13: used to tick the box for reducing waitlists for elective surgeries.

1494
01:08:50,479 --> 01:08:54,360
Speaker 13: Majority of those were cataracts, which let me finish. Let

1495
01:08:54,400 --> 01:08:57,479
Speaker 13: me finish, because cataracts, because it's not knees or hips

1496
01:08:57,479 --> 01:08:59,280
Speaker 13: and they're the main things.

1497
01:08:58,960 --> 01:09:02,439
Speaker 2: But that's sort of the subjects as well. If somebody

1498
01:09:02,560 --> 01:09:07,839
Speaker 2: is used for performing operations and they're reducing waiting lists

1499
01:09:07,920 --> 01:09:11,360
Speaker 2: and people are getting what they want, who what it

1500
01:09:11,479 --> 01:09:12,240
Speaker 2: is or where it's.

1501
01:09:12,080 --> 01:09:15,200
Speaker 13: Done, No, it's not because it's other things. Cate Acts

1502
01:09:15,240 --> 01:09:18,280
Speaker 13: are not important as knees and HAPs witch are mobility

1503
01:09:18,320 --> 01:09:19,639
Speaker 13: and quality of life.

1504
01:09:19,760 --> 01:09:20,320
Speaker 2: Who says we.

1505
01:09:21,120 --> 01:09:23,960
Speaker 13: Who are waiting three years for a knee or hip operation.

1506
01:09:24,360 --> 01:09:26,640
Speaker 11: We see targets and you bolish them. So we do

1507
01:09:26,720 --> 01:09:29,439
Speaker 11: set targets because we think that we should be targets

1508
01:09:29,760 --> 01:09:32,519
Speaker 11: driving because I think because I think when you set targets,

1509
01:09:32,520 --> 01:09:35,759
Speaker 11: it does drive outcomes and it provides accountability. You scraped

1510
01:09:35,800 --> 01:09:38,519
Speaker 11: all the targets. We've put targets back in place. I

1511
01:09:38,520 --> 01:09:40,160
Speaker 11: think that's a good thing. I've done that with law

1512
01:09:40,160 --> 01:09:42,120
Speaker 11: and or as well. But the reality of it is

1513
01:09:42,120 --> 01:09:44,760
Speaker 11: the labor governments. It's a philosophical thing, right. It's the

1514
01:09:44,760 --> 01:09:46,640
Speaker 11: same with their education system. They want us to be

1515
01:09:46,680 --> 01:09:49,040
Speaker 11: like the Soviet They want to they want us to

1516
01:09:49,040 --> 01:09:54,120
Speaker 11: be like a Soviet term everything Besides your.

1517
01:09:54,040 --> 01:09:56,599
Speaker 2: Question, though, Jenny, do you as as as an individual,

1518
01:09:56,680 --> 01:09:59,400
Speaker 2: just doesn't it is that do you care if you

1519
01:09:59,439 --> 01:10:01,760
Speaker 2: get your knee operation in a private hospital or a

1520
01:10:01,760 --> 01:10:02,840
Speaker 2: public hospital? Do you care?

1521
01:10:04,120 --> 01:10:07,280
Speaker 13: At the point is, though, Mike, is that what is

1522
01:10:07,320 --> 01:10:09,519
Speaker 13: the quality of the public system, and if it's used

1523
01:10:09,520 --> 01:10:12,200
Speaker 13: to erode the quality of service in our hospitals, which

1524
01:10:12,200 --> 01:10:15,759
Speaker 13: we see we don't have doctors, we don't have newses

1525
01:10:15,920 --> 01:10:17,679
Speaker 13: we need to invest war into.

1526
01:10:19,160 --> 01:10:21,559
Speaker 2: In the meantime, this is all I'm trying to get

1527
01:10:21,560 --> 01:10:23,760
Speaker 2: to the bottom. In the meantime, if I get rung

1528
01:10:23,840 --> 01:10:26,120
Speaker 2: up and saying, Mike, your knee operations next Tuesday at

1529
01:10:26,120 --> 01:10:27,920
Speaker 2: a private facility. Who cares.

1530
01:10:29,400 --> 01:10:31,679
Speaker 13: It really depends on what the operation is and whether

1531
01:10:31,720 --> 01:10:33,760
Speaker 13: it's helping the wait list and if it If it is,

1532
01:10:35,840 --> 01:10:37,559
Speaker 13: I see in the heart. I see in the heart

1533
01:10:37,800 --> 01:10:40,800
Speaker 13: people with needs services.

1534
01:10:40,760 --> 01:10:43,880
Speaker 11: Like private medical provisions.

1535
01:10:43,200 --> 01:10:45,800
Speaker 13: Because it's used to fudge the books.

1536
01:10:45,800 --> 01:10:48,080
Speaker 11: It's a socialist view of the world. More people depending

1537
01:10:48,120 --> 01:10:54,800
Speaker 11: on the government, keep everything the same, embrace mediocrity, don't

1538
01:10:54,800 --> 01:10:58,000
Speaker 11: sit targets, and that's what under social sciedments, that's what

1539
01:10:58,040 --> 01:11:01,800
Speaker 11: happens that you drive towards mediocrity. So I know that, Mike,

1540
01:11:01,840 --> 01:11:05,080
Speaker 11: I've got Norcial Hospital as my local hospital for my electorate,

1541
01:11:05,160 --> 01:11:06,559
Speaker 11: and I want to do a shout out to them

1542
01:11:06,600 --> 01:11:08,760
Speaker 11: because I know that health is in the media a lot.

1543
01:11:08,840 --> 01:11:11,280
Speaker 11: I get that, but the staff and there are quite

1544
01:11:11,280 --> 01:11:13,519
Speaker 11: simply outstanding. And the feedback that I get from my

1545
01:11:13,560 --> 01:11:16,040
Speaker 11: own constituents when they have to go to hospital as

1546
01:11:16,080 --> 01:11:19,400
Speaker 11: the service they get about public health services.

1547
01:11:20,000 --> 01:11:24,920
Speaker 13: Can I say morning this morning, isn't he The problem

1548
01:11:24,960 --> 01:11:27,200
Speaker 13: we do have, though, is that there was no extra

1549
01:11:27,240 --> 01:11:29,519
Speaker 13: money and the budget at all for health services, and

1550
01:11:29,560 --> 01:11:32,519
Speaker 13: the population has increased and health complexities have.

1551
01:11:32,520 --> 01:11:34,760
Speaker 11: Increased, been a massive increase in the budget.

1552
01:11:34,840 --> 01:11:38,800
Speaker 2: Not for health, not for for health, absolutely not money.

1553
01:11:39,040 --> 01:11:42,519
Speaker 11: It was it was the hospital and hospital.

1554
01:11:46,479 --> 01:11:48,200
Speaker 13: It was the cancer drugs. You didn't pay for it

1555
01:11:48,200 --> 01:11:50,160
Speaker 13: in the last budget that was funded by this one.

1556
01:11:50,680 --> 01:11:53,839
Speaker 2: Which one of you, which one of you is inviting

1557
01:11:53,840 --> 01:11:55,160
Speaker 2: me to the pint of order?

1558
01:11:56,479 --> 01:12:00,120
Speaker 11: The point, yes, olive, you to that absolutely centers how

1559
01:12:00,120 --> 01:12:01,920
Speaker 11: I didn't come on the show you today. I can

1560
01:12:01,960 --> 01:12:03,400
Speaker 11: make up for it by taking you to the point.

1561
01:12:03,560 --> 01:12:05,280
Speaker 2: Do you not know what the pint of order is? Jenny?

1562
01:12:05,960 --> 01:12:07,760
Speaker 13: I don't think I don't know you do. It's in

1563
01:12:07,760 --> 01:12:08,080
Speaker 13: your pub.

1564
01:12:08,520 --> 01:12:09,880
Speaker 2: It's exactly in there.

1565
01:12:10,160 --> 01:12:11,679
Speaker 13: I snack in there when it's not funny.

1566
01:12:11,720 --> 01:12:11,880
Speaker 8: You go.

1567
01:12:12,000 --> 01:12:13,960
Speaker 13: I've got to tell I saw a workman in yet

1568
01:12:13,960 --> 01:12:15,479
Speaker 13: and I said, can I have a luck? He said sure.

1569
01:12:15,800 --> 01:12:17,320
Speaker 13: He was from Cape Town. He was very nice and

1570
01:12:17,360 --> 01:12:18,240
Speaker 13: he gave me a little tour.

1571
01:12:18,600 --> 01:12:21,639
Speaker 2: Not an labor Jenny, not another margrant. Goodness.

1572
01:12:22,120 --> 01:12:23,920
Speaker 13: He was a lovely guy. He lots to say about

1573
01:12:23,920 --> 01:12:25,040
Speaker 13: the National Party to Italy.

1574
01:12:25,120 --> 01:12:25,479
Speaker 11: He did.

1575
01:12:26,920 --> 01:12:28,839
Speaker 2: National Party, he wasn't.

1576
01:12:28,640 --> 01:12:30,840
Speaker 13: A National supporter. I can tell you that I've got

1577
01:12:30,840 --> 01:12:31,800
Speaker 13: the plumbing sune very well.

1578
01:12:31,800 --> 01:12:33,200
Speaker 2: He showed me what he doesn't look good.

1579
01:12:34,439 --> 01:12:37,519
Speaker 13: It's quite small. The cap that's read. So Mark went

1580
01:12:37,680 --> 01:12:40,920
Speaker 13: like that. But it looks quite lovely. It's the sort

1581
01:12:40,920 --> 01:12:44,880
Speaker 13: of tiling most Alfrisco type tiling and one area and

1582
01:12:45,000 --> 01:12:45,799
Speaker 13: it looks really pretty.

1583
01:12:45,840 --> 01:12:47,840
Speaker 11: Did they have always put some ruggs? We can put

1584
01:12:47,840 --> 01:12:50,479
Speaker 11: some ruggs in a very alarm and color. So you

1585
01:12:50,520 --> 01:12:51,360
Speaker 11: didn cover that up?

1586
01:12:51,600 --> 01:12:52,040
Speaker 2: Did they have?

1587
01:12:52,120 --> 01:12:55,280
Speaker 13: At Mark will be rolling around on the floor anyway, So.

1588
01:12:56,000 --> 01:12:58,000
Speaker 2: All right, nice, Nice to see you guys, Ginny Anderson,

1589
01:12:58,080 --> 01:13:01,160
Speaker 2: Mark Mature. The Pint of Order by the the pub

1590
01:13:01,160 --> 01:13:03,400
Speaker 2: that's been closed ever since they expanded Parliament buildings for

1591
01:13:03,479 --> 01:13:05,759
Speaker 2: new offices and that's been finished and as of Tuesday,

1592
01:13:05,760 --> 01:13:09,160
Speaker 2: the Pint of Order is going to be open for business.

1593
01:13:09,200 --> 01:13:11,000
Speaker 2: Not for you and I, just for them. Eight twenty

1594
01:13:11,040 --> 01:13:12,240
Speaker 2: two The.

1595
01:13:12,439 --> 01:13:16,599
Speaker 1: Mic Hosking Breakfast with a Vita Retirement Communities News, togs

1596
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Speaker 1: Head b.

1597
01:13:18,080 --> 01:13:21,120
Speaker 2: Now we love celebrating que success stories, obviously, and here's

1598
01:13:21,160 --> 01:13:23,679
Speaker 2: one that's been doing the business for almost fifty years.

1599
01:13:23,720 --> 01:13:26,800
Speaker 2: You do It Kitchens U d U You do It

1600
01:13:26,840 --> 01:13:31,439
Speaker 2: DIY Kitchen specialists right, incredibly affordable, superior quality kitchens are

1601
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Speaker 2: proudly que. We made secret. Well it's the U Sizet,

1602
01:13:34,840 --> 01:13:38,120
Speaker 2: the unique use Sizet system lets you customize cabinet sizes,

1603
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Speaker 2: no extra cost, no impact on delivery times, real human

1604
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Speaker 2: DIY experts. They're just an email away to give. The

1605
01:13:43,840 --> 01:13:47,040
Speaker 2: advice means you can design your kitchen yourself, get exactly

1606
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Speaker 2: what you want, Choose from over thirty five colors and

1607
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Speaker 2: finishes for goodness sake, all available at your fingertips online

1608
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Speaker 2: and once you've made your choice, click send, and as

1609
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Speaker 2: quick as you like, ready seven days, everything is dispatched

1610
01:13:59,200 --> 01:14:03,120
Speaker 2: directly to you. Assembly, super easy, excellent instructions. So basically

1611
01:14:03,120 --> 01:14:05,320
Speaker 2: you're getting the kitchen you want. You've designed it yourself,

1612
01:14:05,360 --> 01:14:08,880
Speaker 2: You've saved that thousands in the process. So you've got

1613
01:14:08,880 --> 01:14:09,880
Speaker 2: to get amongst.

1614
01:14:09,600 --> 01:14:09,960
Speaker 11: You do it.

1615
01:14:10,080 --> 01:14:14,720
Speaker 2: You do U d uit you do it, kitchens that

1616
01:14:14,800 --> 01:14:18,400
Speaker 2: do it for you. Asking Mike, Jenny's talking rubbish. Any

1617
01:14:18,479 --> 01:14:21,599
Speaker 2: operation the private hospital reduces wait lists, it's one list

1618
01:14:21,680 --> 01:14:23,400
Speaker 2: that needs performing it. That's the part I just couldn't

1619
01:14:23,400 --> 01:14:26,880
Speaker 2: get around. There's something going on there. And here's another

1620
01:14:26,880 --> 01:14:29,479
Speaker 2: one says Jenny doesn't know what's going Hips are replaced

1621
01:14:29,720 --> 01:14:31,800
Speaker 2: and private hospitals five to seven years ago. It's just

1622
01:14:31,800 --> 01:14:34,519
Speaker 2: since the previous government did it. So there's this angst

1623
01:14:34,520 --> 01:14:36,519
Speaker 2: floating around at the moment that somehow that moving to

1624
01:14:36,600 --> 01:14:39,519
Speaker 2: private hospitals or contracting out to private hospitals. These people

1625
01:14:39,560 --> 01:14:41,960
Speaker 2: are sitting around looking for work. If you can't do

1626
01:14:42,000 --> 01:14:44,080
Speaker 2: it publicly, do it privately. Who cares how it's done,

1627
01:14:44,120 --> 01:14:46,360
Speaker 2: where it's done, as long as it's done and if

1628
01:14:46,400 --> 01:14:48,400
Speaker 2: it reduces a waiting list, and yet they still find

1629
01:14:48,400 --> 01:14:51,280
Speaker 2: trouble to comply. I have no idea how to explain it,

1630
01:14:51,280 --> 01:14:53,040
Speaker 2: And having asked a simple question, I don't think we've

1631
01:14:53,040 --> 01:14:57,280
Speaker 2: got a particularly good explanation. Did we News in Australia

1632
01:14:57,640 --> 01:15:01,200
Speaker 2: the election they're still counting, if you can believe it.

1633
01:15:01,439 --> 01:15:02,280
Speaker 2: Steve is next.

1634
01:15:03,880 --> 01:15:06,920
Speaker 1: The only report you need to start your day the

1635
01:15:07,160 --> 01:15:11,720
Speaker 1: my Casting Breakfast with a Vita Retirement, Communities, Life Your

1636
01:15:11,760 --> 01:15:13,000
Speaker 1: Way News togs Head been.

1637
01:15:13,120 --> 01:15:14,439
Speaker 2: I was going to raise it with Marke and Jinny,

1638
01:15:14,479 --> 01:15:16,280
Speaker 2: but I didn't have time. But there was a leak

1639
01:15:16,360 --> 01:15:19,320
Speaker 2: this morning. The irony of the leak is it was

1640
01:15:19,439 --> 01:15:23,960
Speaker 2: a memo that was leaked about leaking and it came

1641
01:15:24,000 --> 01:15:26,240
Speaker 2: from so Brian Roach, who's the you know, he's the

1642
01:15:26,240 --> 01:15:29,880
Speaker 2: public service boss, and he was writing this memo saying, guys, really,

1643
01:15:29,920 --> 01:15:32,800
Speaker 2: this public service thing, we've got to stop leaking and

1644
01:15:32,920 --> 01:15:35,320
Speaker 2: unless we stopped leaking, I'm going to look at firings

1645
01:15:35,320 --> 01:15:36,719
Speaker 2: and people. So that was leaked.

1646
01:15:37,280 --> 01:15:39,080
Speaker 14: So I just sleaky Nemo season.

1647
01:15:39,360 --> 01:15:41,439
Speaker 2: I don't know where it is, but anyway, So anyway,

1648
01:15:41,439 --> 01:15:43,200
Speaker 2: I didn't raise it with him, but maybe next We're

1649
01:15:43,200 --> 01:15:44,439
Speaker 2: twenty three minutes away from.

1650
01:15:44,360 --> 01:15:49,120
Speaker 16: Nine International Correspondence with ends and eye insurance, Peace of

1651
01:15:49,120 --> 01:15:50,400
Speaker 16: mind for New Zealand.

1652
01:15:50,080 --> 01:15:52,760
Speaker 2: Business with A Stephen, Good morning to you.

1653
01:15:53,280 --> 01:15:53,559
Speaker 6: Hello.

1654
01:15:53,960 --> 01:15:55,960
Speaker 2: I'm on the risk of making full of myself, but

1655
01:15:56,000 --> 01:15:57,800
Speaker 2: I'm watching sky News and I only reason I ask

1656
01:15:57,840 --> 01:15:59,719
Speaker 2: you this is you work for sky News. The guy

1657
01:16:00,479 --> 01:16:03,240
Speaker 2: in the afternoon is that Tom Connell is a youngish

1658
01:16:03,240 --> 01:16:05,160
Speaker 2: looking guy, spiky here with glasses.

1659
01:16:06,040 --> 01:16:08,240
Speaker 3: Yeah, it does all of the analysis of sea.

1660
01:16:08,760 --> 01:16:12,800
Speaker 2: Absolutely phenomenal talent. So I'm watching him yesterday doing his

1661
01:16:12,960 --> 01:16:15,280
Speaker 2: numbers on the screen. And what we haven't discussed, and

1662
01:16:15,320 --> 01:16:17,599
Speaker 2: it's important to given what happened in the Lower House

1663
01:16:17,600 --> 01:16:19,920
Speaker 2: to well but easy and how successfully won. They were

1664
01:16:19,960 --> 01:16:23,120
Speaker 2: looking at the way through the Senate and what they

1665
01:16:23,160 --> 01:16:24,960
Speaker 2: can do and what they can't do. And what he

1666
01:16:25,080 --> 01:16:28,840
Speaker 2: explained really clearly was when all the bottom house you want,

1667
01:16:29,840 --> 01:16:34,120
Speaker 2: the Senate is still a problem, isn't it?

1668
01:16:34,120 --> 01:16:35,720
Speaker 3: It is a problem because you're going to have to

1669
01:16:35,760 --> 01:16:38,200
Speaker 3: negotiate with the Greens. So it's the Greens and the

1670
01:16:38,240 --> 01:16:41,240
Speaker 3: Coalition get together. Labe can't do anything. I mean that

1671
01:16:41,320 --> 01:16:44,160
Speaker 3: can sweet talk all of the independence they like, but

1672
01:16:44,200 --> 01:16:47,719
Speaker 3: they can't get any legislation through. So despite the fact

1673
01:16:47,720 --> 01:16:51,280
Speaker 3: that during the entire election campaign we were told by

1674
01:16:51,439 --> 01:16:54,160
Speaker 3: Anthony Albinizi that I won't be doing deals with the Greens,

1675
01:16:54,200 --> 01:16:57,320
Speaker 3: I won't preference at Greens, blah blah blah, he's now

1676
01:16:57,400 --> 01:16:59,320
Speaker 3: got to sit down on a daily basis with the

1677
01:16:59,360 --> 01:17:03,519
Speaker 3: new leader of the Greens, Larissa Waters, because thankfully Adam Bant,

1678
01:17:03,520 --> 01:17:07,120
Speaker 3: the former leader, lost his seat, and negotiate everything he

1679
01:17:07,160 --> 01:17:09,439
Speaker 3: wants to get through the Senate. So they do have

1680
01:17:09,520 --> 01:17:11,919
Speaker 3: to do deals with the Greens, and that will include

1681
01:17:12,000 --> 01:17:14,200
Speaker 3: this new wealth tax that they're trying to ram through

1682
01:17:14,560 --> 01:17:16,519
Speaker 3: that they've had sitting there in the Senate blocked for

1683
01:17:16,520 --> 01:17:17,400
Speaker 3: the last two years.

1684
01:17:17,520 --> 01:17:20,240
Speaker 2: And this is the wealth tax on superannuation. So what's

1685
01:17:20,280 --> 01:17:22,479
Speaker 2: interesting it because we're about to I think have a

1686
01:17:22,520 --> 01:17:26,800
Speaker 2: fairly substantial discussion in this country about superannuation. We're at

1687
01:17:26,800 --> 01:17:29,000
Speaker 2: sixty five. One of the parties wants to put it

1688
01:17:29,120 --> 01:17:31,960
Speaker 2: up we've changed some rules around what we call key

1689
01:17:32,000 --> 01:17:34,880
Speaker 2: we savor. The superannuation system we run in this country

1690
01:17:34,960 --> 01:17:38,559
Speaker 2: isn't compulsory unlike yours. But the counter argument is that

1691
01:17:38,640 --> 01:17:40,880
Speaker 2: the moment you get politicians in bold and super, they

1692
01:17:40,920 --> 01:17:43,599
Speaker 2: mess with it and this super tax so suddenly you've

1693
01:17:43,640 --> 01:17:45,880
Speaker 2: done well, wops will just have some of that, Thank

1694
01:17:45,920 --> 01:17:47,360
Speaker 2: you very much. How does that go down?

1695
01:17:47,880 --> 01:17:48,080
Speaker 11: Yeah?

1696
01:17:48,080 --> 01:17:49,840
Speaker 3: I don't want to complicate it too much because super

1697
01:17:49,880 --> 01:17:53,200
Speaker 3: is complicated. But basically, if you have a superannuation account

1698
01:17:53,439 --> 01:17:55,559
Speaker 3: and these are mainly self managed super fund so they're

1699
01:17:55,560 --> 01:17:59,840
Speaker 3: not inside industry funds, they are currently taxed if you're

1700
01:18:00,080 --> 01:18:04,759
Speaker 3: all putting money in at fifteen percent on your earnings,

1701
01:18:04,760 --> 01:18:07,559
Speaker 3: including anything over three million. What the government wants to

1702
01:18:07,600 --> 01:18:11,759
Speaker 3: do is double that tax to thirty percent. But the

1703
01:18:11,800 --> 01:18:15,480
Speaker 3: real problem with this is they're going to tax your

1704
01:18:16,160 --> 01:18:19,800
Speaker 3: profits on unrealized assets. What does that mean. Well, if

1705
01:18:19,840 --> 01:18:24,240
Speaker 3: you're a farmer and your farms within your superfund and

1706
01:18:24,280 --> 01:18:26,200
Speaker 3: it's worth more than three million, you have a good

1707
01:18:26,240 --> 01:18:29,360
Speaker 3: year and your fund goes from three to point one

1708
01:18:29,400 --> 01:18:33,519
Speaker 3: to three point two, they're going to tax you thirty

1709
01:18:33,560 --> 01:18:37,280
Speaker 3: percent on those profits, even though you haven't realized the

1710
01:18:37,320 --> 01:18:40,880
Speaker 3: profits it's just the first time ever in Australia that

1711
01:18:40,920 --> 01:18:44,599
Speaker 3: anyone's decided, oh well, we can tax you on earnings

1712
01:18:44,600 --> 01:18:47,320
Speaker 3: you make, even if you don't realize the earnings. I mean,

1713
01:18:47,360 --> 01:18:52,160
Speaker 3: it is just unbelievably ridiculous. And the Greens have come

1714
01:18:52,160 --> 01:18:54,240
Speaker 3: out this morning. Larissa Ward is the new leader, as

1715
01:18:54,280 --> 01:18:57,679
Speaker 3: you mentioned, and she's gone, well we quite like that. Yes,

1716
01:18:57,760 --> 01:19:00,200
Speaker 3: we love to tax the rich, we're the Greens, but

1717
01:19:00,280 --> 01:19:04,400
Speaker 3: we want the actual level to be kicking in at

1718
01:19:04,400 --> 01:19:07,880
Speaker 3: two million, not three. So suddenly the government has got

1719
01:19:07,880 --> 01:19:10,360
Speaker 3: a little bit of a problem for itself because if

1720
01:19:10,360 --> 01:19:12,960
Speaker 3: they do that to two million, not three, they're going

1721
01:19:12,960 --> 01:19:14,800
Speaker 3: to rake in a a lot more money, but they're

1722
01:19:14,800 --> 01:19:16,080
Speaker 3: going to harm a lot more people.

1723
01:19:16,120 --> 01:19:18,920
Speaker 2: And I would imagine giving your superannuation. So you don't

1724
01:19:18,920 --> 01:19:20,360
Speaker 2: want to sound like the rich person, but I mean,

1725
01:19:20,360 --> 01:19:23,400
Speaker 2: if you start saving when you're sixteen, seventeen, eighteen years old,

1726
01:19:23,439 --> 01:19:25,479
Speaker 2: and you do reasonably well for yourself and life, there's

1727
01:19:25,479 --> 01:19:27,760
Speaker 2: going to be a decent I'm assuming there's thousands of

1728
01:19:27,760 --> 01:19:30,439
Speaker 2: people in Australia with three million dollars or more on

1729
01:19:30,479 --> 01:19:31,880
Speaker 2: the super account.

1730
01:19:31,840 --> 01:19:34,360
Speaker 3: And that uplimit's not going to be indexed. So if

1731
01:19:34,400 --> 01:19:36,920
Speaker 3: you're a twenty five year old earning one hundred and

1732
01:19:36,920 --> 01:19:39,800
Speaker 3: fifty thousand dollars a year, which there's plenty of Australians

1733
01:19:39,800 --> 01:19:42,800
Speaker 3: that are on that sort of salary, and you get

1734
01:19:42,840 --> 01:19:45,320
Speaker 3: to touch your super at sixty five, you're going to

1735
01:19:45,560 --> 01:19:48,719
Speaker 3: easily have three million dollars if this thing's not index.

1736
01:19:48,840 --> 01:19:51,799
Speaker 3: So there's the index question. That's one of the questions

1737
01:19:51,800 --> 01:19:55,720
Speaker 3: that the government's got to talk talk about. And the

1738
01:19:55,760 --> 01:19:57,880
Speaker 3: Green's wanting to pull this back to two minutes. It

1739
01:19:58,479 --> 01:20:01,599
Speaker 3: is frightening what's going they happen if they push this through.

1740
01:20:01,720 --> 01:20:04,599
Speaker 3: But they've got such a thumping majority in six years

1741
01:20:04,600 --> 01:20:07,240
Speaker 3: in government that eventually they'll get it through. And that's

1742
01:20:07,240 --> 01:20:09,720
Speaker 3: what's going to happen. And you know what, everybody with

1743
01:20:09,880 --> 01:20:13,040
Speaker 3: anything over three million in soupers doing me included what

1744
01:20:13,040 --> 01:20:15,200
Speaker 3: do you think I'm doing. I'm going to my financial

1745
01:20:15,240 --> 01:20:17,800
Speaker 3: advisor saying get me under three and tell me where

1746
01:20:17,800 --> 01:20:19,320
Speaker 3: to put the rest of the money exactly.

1747
01:20:19,840 --> 01:20:22,400
Speaker 2: And a number of people, interestingly enough, who suggested successful

1748
01:20:22,400 --> 01:20:24,840
Speaker 2: people who are still working, they'll just retire and bugger off.

1749
01:20:24,840 --> 01:20:27,720
Speaker 2: And it's a disaster anyway. That's for another day. The

1750
01:20:27,760 --> 01:20:29,439
Speaker 2: lives in the nets are they're getting on yet or not.

1751
01:20:30,400 --> 01:20:33,240
Speaker 3: It looks like the quick divorce will be back to

1752
01:20:33,360 --> 01:20:38,400
Speaker 3: marriage today. That was just a complete disaster for the coalition.

1753
01:20:38,520 --> 01:20:41,040
Speaker 3: The Nats well you know, through the toys out of

1754
01:20:41,040 --> 01:20:43,120
Speaker 3: the ran off in the other direction, so we don't

1755
01:20:43,120 --> 01:20:46,240
Speaker 3: want to play with you anymore. That lasted about three days.

1756
01:20:46,280 --> 01:20:49,080
Speaker 3: Looks like the deal will be done today. And interestingly

1757
01:20:49,280 --> 01:20:53,160
Speaker 3: the new opposition front bench is small and untalented as

1758
01:20:53,200 --> 01:20:57,480
Speaker 3: it now is, will be announced later in the week. Interestingly,

1759
01:20:57,680 --> 01:21:02,200
Speaker 3: the former National Senator on the Northern Territory just sent

1760
01:21:02,280 --> 01:21:07,240
Speaker 3: a Nampa Jim for Price who jumped ship, angering her

1761
01:21:07,360 --> 01:21:10,320
Speaker 3: nap mates. She looks like getting a front bench position,

1762
01:21:10,360 --> 01:21:12,439
Speaker 3: but not as senior as who she'd stayed where she

1763
01:21:12,680 --> 01:21:15,200
Speaker 3: was so susan ly, the new leader of the coalition's

1764
01:21:15,200 --> 01:21:17,639
Speaker 3: got a huge job on her hands. She's a moderate.

1765
01:21:17,680 --> 01:21:20,240
Speaker 3: She's got to keep the Conservatives happy. No one's going

1766
01:21:20,320 --> 01:21:22,360
Speaker 3: to be happy. Who would be happy knowing that for

1767
01:21:22,400 --> 01:21:24,519
Speaker 3: the next one is going to be in opposition.

1768
01:21:24,280 --> 01:21:27,559
Speaker 2: Just before we leave the election, this unusually large number

1769
01:21:27,600 --> 01:21:30,760
Speaker 2: of votes and hospitals and age care facilities and how

1770
01:21:30,800 --> 01:21:32,880
Speaker 2: they've discovered that and what they do with it, and

1771
01:21:33,479 --> 01:21:35,960
Speaker 2: the possibility that in some of the tight seats it

1772
01:21:36,040 --> 01:21:40,200
Speaker 2: may be, you know, problematic. Is all of this appear

1773
01:21:40,320 --> 01:21:43,000
Speaker 2: as it does from my you know, in another country.

1774
01:21:43,000 --> 01:21:43,799
Speaker 2: This seems missy.

1775
01:21:44,760 --> 01:21:47,400
Speaker 3: It is MESSI the system's messy. The whole thing is messy.

1776
01:21:47,400 --> 01:21:49,760
Speaker 3: And you mentioned tight contest, of course, is going to

1777
01:21:49,800 --> 01:21:52,599
Speaker 3: be a partial recount of the Sea Caueled Gold Steam

1778
01:21:53,120 --> 01:21:57,679
Speaker 3: where a teer Independent Zoey Daniel is refusing to say

1779
01:21:57,720 --> 01:22:00,600
Speaker 3: that she's lost that seat even though the live is

1780
01:22:00,640 --> 01:22:02,760
Speaker 3: in front by two hundred and sixty votes. But two

1781
01:22:02,800 --> 01:22:04,720
Speaker 3: hundred and sixty votes is not a hell of a

1782
01:22:04,720 --> 01:22:08,040
Speaker 3: lot of votes. Our system is. I mean you still

1783
01:22:08,120 --> 01:22:10,320
Speaker 3: vote if you turn up at a polling booth with

1784
01:22:10,360 --> 01:22:12,920
Speaker 3: a pencil on a bit of paper. I mean while

1785
01:22:12,920 --> 01:22:15,959
Speaker 3: we don't do digital voting, I mean I can transfer

1786
01:22:16,080 --> 01:22:20,120
Speaker 3: money every day of the week digitally safely. Why can't

1787
01:22:20,120 --> 01:22:21,760
Speaker 3: we vote digitally? It's ridiculous.

1788
01:22:21,840 --> 01:22:25,599
Speaker 2: Yeah, it's weird. Now rose Hill is rose Hill? Nice struck?

1789
01:22:26,080 --> 01:22:28,200
Speaker 2: What are you going to do? Bollet and build houses.

1790
01:22:28,520 --> 01:22:32,200
Speaker 3: In a west beautiful racecourse? But we have a shortage

1791
01:22:32,200 --> 01:22:34,880
Speaker 3: of housing in the capital cities. So the government has

1792
01:22:35,000 --> 01:22:37,479
Speaker 3: had planned to do a deal with the rose Hill

1793
01:22:38,240 --> 01:22:41,120
Speaker 3: racecourse to buy it off them for five billion dollars

1794
01:22:41,160 --> 01:22:44,920
Speaker 3: and build twenty five thousand homes and a new metro station.

1795
01:22:45,439 --> 01:22:49,240
Speaker 3: Now this is Middle West from the CBD. It's not

1796
01:22:49,320 --> 01:22:51,960
Speaker 3: far away and it's the biggest bit of lamb that

1797
01:22:52,040 --> 01:22:54,720
Speaker 3: you could get your hands on and build all those homes. Well,

1798
01:22:54,760 --> 01:22:57,960
Speaker 3: the meeting yesterday of the members of the Australian Turf

1799
01:22:57,960 --> 01:23:00,639
Speaker 3: Club that run Rose Hill, well they vote fifty six

1800
01:23:00,720 --> 01:23:03,880
Speaker 3: to forty four percent against the sale and it's now

1801
01:23:03,920 --> 01:23:07,679
Speaker 3: fallen over and so they'll continue to run race meetings

1802
01:23:07,680 --> 01:23:11,040
Speaker 3: there every Saturday. The twenty five thousand homes won't be built,

1803
01:23:11,280 --> 01:23:14,400
Speaker 3: neither will the new metro station, and the premiere of

1804
01:23:14,400 --> 01:23:16,080
Speaker 3: New South Wales has now got a big problem on

1805
01:23:16,080 --> 01:23:17,760
Speaker 3: his hands because he's got to find somewhere else to

1806
01:23:17,800 --> 01:23:18,599
Speaker 3: build all his houses.

1807
01:23:18,640 --> 01:23:21,600
Speaker 2: Jeez, you would have geez five billion. You would have

1808
01:23:21,640 --> 01:23:23,280
Speaker 2: been tempted sitting around that table, wouldn't you.

1809
01:23:23,400 --> 01:23:23,559
Speaker 8: Eh?

1810
01:23:24,800 --> 01:23:28,120
Speaker 3: Absolutely, And they were guaranteed all sorts of perks and lerks,

1811
01:23:28,160 --> 01:23:31,560
Speaker 3: membership at another racecourse for life, thousand dollars worth of

1812
01:23:31,680 --> 01:23:34,880
Speaker 3: drinks and entertainment. I mean, I don't know why they

1813
01:23:34,960 --> 01:23:37,280
Speaker 3: voted against it, but there was many in the racing

1814
01:23:37,320 --> 01:23:39,320
Speaker 3: industry who said, once you give up a racecourse, and

1815
01:23:39,880 --> 01:23:43,080
Speaker 3: all of your New Zealand listeners would absolutely understand this,

1816
01:23:43,120 --> 01:23:45,320
Speaker 3: once you give it up, never coming back.

1817
01:23:45,640 --> 01:23:47,240
Speaker 2: Good on you, mate, ketch up next week, appreciate it.

1818
01:23:47,280 --> 01:23:49,680
Speaker 2: Sleep price out of Australia. Just before we leave the

1819
01:23:49,880 --> 01:23:51,720
Speaker 2: big red land to the left of us New South

1820
01:23:51,720 --> 01:23:55,879
Speaker 2: Wales Police just if you're thinking about immigrating to Australia

1821
01:23:55,880 --> 01:23:57,760
Speaker 2: because it's just so wonderful, so you can get your

1822
01:23:57,920 --> 01:24:00,439
Speaker 2: super tax the way they do. At the moment, they've

1823
01:24:00,479 --> 01:24:03,439
Speaker 2: just established a new task force the police because the

1824
01:24:03,520 --> 01:24:05,639
Speaker 2: fearing at the moment tip for tat escalation of gang

1825
01:24:05,680 --> 01:24:09,280
Speaker 2: warfare after tensions in the underworld spilled onto the streets

1826
01:24:09,280 --> 01:24:11,920
Speaker 2: on Sunday afternoon daylight shooting. Task Force Falcon is what

1827
01:24:11,960 --> 01:24:13,360
Speaker 2: they're calling that. They've got a more one hundred and

1828
01:24:13,360 --> 01:24:15,960
Speaker 2: fifty coppers assigned to putting a stop to the violence.

1829
01:24:16,000 --> 01:24:18,519
Speaker 2: This backs up the May twenty two task force, which

1830
01:24:18,600 --> 01:24:21,400
Speaker 2: was called Task Force Erebus after a wave of gang

1831
01:24:21,479 --> 01:24:24,160
Speaker 2: violence saw thirteen people killed in just eighteen months. So

1832
01:24:24,640 --> 01:24:27,400
Speaker 2: fun times and I was fourteen to two.

1833
01:24:28,120 --> 01:24:32,559
Speaker 1: The My Asking Breakfast Full Show podcast on iHeartRadio powered

1834
01:24:32,560 --> 01:24:33,560
Speaker 1: by news talks.

1835
01:24:33,280 --> 01:24:36,479
Speaker 2: At be Turtler grew, Mike with a race course. Once

1836
01:24:36,479 --> 01:24:38,439
Speaker 2: a green space has gone, it's gone. That's what sixty

1837
01:24:38,479 --> 01:24:40,680
Speaker 2: seven thousand golfers have been saying since the council this

1838
01:24:40,800 --> 01:24:44,120
Speaker 2: is Auckland warned that Tacapona golf Course would become a swamp?

1839
01:24:44,240 --> 01:24:47,160
Speaker 2: Is it sixty seven thousand golfers at Tacapona. I don't

1840
01:24:47,160 --> 01:24:49,559
Speaker 2: know about sixty seven thousand, but it's a public course,

1841
01:24:49,600 --> 01:24:51,559
Speaker 2: and there are very few public courses about the place.

1842
01:24:51,800 --> 01:24:55,720
Speaker 2: I played three four times at Tacapona. It's okay as

1843
01:24:55,760 --> 01:24:58,880
Speaker 2: a course. It did suffer when you know it rained, etc. Mike,

1844
01:24:59,120 --> 01:25:01,320
Speaker 2: I hope you've seen the LA just radio audience measurements

1845
01:25:01,360 --> 01:25:02,800
Speaker 2: for radio and New Zealand. Well, of course I have

1846
01:25:02,840 --> 01:25:06,000
Speaker 2: them in the industry, big drops across all the major programs.

1847
01:25:07,360 --> 01:25:09,439
Speaker 2: I'm caught between. There was a piece in the Herald

1848
01:25:09,479 --> 01:25:12,759
Speaker 2: yesterday under the headline Radio New Zealand National and Morning

1849
01:25:12,840 --> 01:25:16,599
Speaker 2: Report radio audiences fall to lowest levels in more than

1850
01:25:16,640 --> 01:25:19,120
Speaker 2: five years. And I'm between a bit of a rock

1851
01:25:19,160 --> 01:25:22,519
Speaker 2: and a hard place in raising this because I don't

1852
01:25:22,520 --> 01:25:25,559
Speaker 2: want to appear self indulgent or any of that. But

1853
01:25:25,880 --> 01:25:29,800
Speaker 2: the broader question that I will not be asking this

1854
01:25:29,840 --> 01:25:31,519
Speaker 2: morning because I don't have time, but it's worth asking

1855
01:25:31,560 --> 01:25:34,800
Speaker 2: another day of somebody. I'm just not sure who is

1856
01:25:35,640 --> 01:25:38,479
Speaker 2: we pay for all of this? This is the point.

1857
01:25:38,600 --> 01:25:40,479
Speaker 2: Now they got a little trim up in the budget

1858
01:25:40,640 --> 01:25:43,960
Speaker 2: in terms of money the other day, having got just

1859
01:25:44,080 --> 01:25:47,880
Speaker 2: a g GANSU and waterfall of money, had their way

1860
01:25:47,960 --> 01:25:52,040
Speaker 2: under Willy, I can't give you enough money for my

1861
01:25:52,160 --> 01:25:56,400
Speaker 2: favorite radio station, Jackson, And you thought, how has they

1862
01:25:56,479 --> 01:25:59,040
Speaker 2: spend that many millions of dollars? And what is it

1863
01:25:59,080 --> 01:26:01,280
Speaker 2: they spend it on? Partially what they've spent it on

1864
01:26:01,400 --> 01:26:03,840
Speaker 2: is losing their audience. Now how you do that? I

1865
01:26:03,880 --> 01:26:06,599
Speaker 2: don't know, because we, of course, if you've also read

1866
01:26:06,600 --> 01:26:09,479
Speaker 2: the story, gone the opposite way. And in the last

1867
01:26:09,479 --> 01:26:12,240
Speaker 2: handful of years things have been particularly good for this program,

1868
01:26:12,360 --> 01:26:14,240
Speaker 2: and I don't take that for granted, and we don't

1869
01:26:14,280 --> 01:26:15,880
Speaker 2: take it for granted, and we work really hard at

1870
01:26:15,920 --> 01:26:17,920
Speaker 2: what we do and we're successful at it and good

1871
01:26:17,960 --> 01:26:20,720
Speaker 2: on us and etc. But they're not. And at some

1872
01:26:20,800 --> 01:26:23,720
Speaker 2: point somebody's got to ask the question, what is it

1873
01:26:23,760 --> 01:26:27,240
Speaker 2: we're getting in return for public money? How is it

1874
01:26:27,280 --> 01:26:31,800
Speaker 2: they justify their existence? Who's being held to account, And

1875
01:26:31,920 --> 01:26:33,720
Speaker 2: I can tell you something for nothing, having been in

1876
01:26:33,760 --> 01:26:36,479
Speaker 2: this game for about forty something years. If I'd lost

1877
01:26:36,479 --> 01:26:39,679
Speaker 2: the sort of audience they'd lost, chances are pretty high

1878
01:26:39,720 --> 01:26:41,840
Speaker 2: I wouldn't be here telling you this story this morning.

1879
01:26:42,240 --> 01:26:45,160
Speaker 2: And yet I see nobody held to account for public money.

1880
01:26:45,240 --> 01:26:48,519
Speaker 2: So somebody's answerable for that. I'm assuming it's Goldsmith. I

1881
01:26:48,520 --> 01:26:50,920
Speaker 2: don't know how hard he goes at them. There's a

1882
01:26:50,920 --> 01:26:52,920
Speaker 2: couple of people on the board there, one of whom,

1883
01:26:52,960 --> 01:26:55,240
Speaker 2: in particular, I am assuming is going to get the

1884
01:26:55,280 --> 01:26:59,000
Speaker 2: chairmanship sooner or later. In my I don't know, light

1885
01:26:59,040 --> 01:27:01,120
Speaker 2: a fuse and blow a few people up. But maybe

1886
01:27:01,160 --> 01:27:03,680
Speaker 2: I'm being hopelessly optimistic. But we are spending a lot

1887
01:27:03,760 --> 01:27:06,880
Speaker 2: of money on something that isn't performing, and that's applicable

1888
01:27:06,920 --> 01:27:10,240
Speaker 2: not only to public radio or public television, but the

1889
01:27:10,240 --> 01:27:12,360
Speaker 2: public in general. So why aren't they being held to account?

1890
01:27:12,479 --> 01:27:14,479
Speaker 2: Eight away from nine the.

1891
01:27:14,560 --> 01:27:18,360
Speaker 1: Mike Hosking Breakfast with the Range Rover Villa News Tomstad

1892
01:27:18,360 --> 01:27:19,120
Speaker 1: Be good news.

1893
01:27:19,120 --> 01:27:22,200
Speaker 2: Milford have done it again, eight years running. Eight years running.

1894
01:27:22,200 --> 01:27:24,519
Speaker 2: They've taken up the Consumer New Zealand People's Choice Award

1895
01:27:24,600 --> 01:27:28,519
Speaker 2: Kewisaber for their run. Milford Keiwisaber Plan and there's more.

1896
01:27:28,520 --> 01:27:31,760
Speaker 2: Morning Star's latest independent survey found that Morningstar dot com

1897
01:27:31,760 --> 01:27:33,639
Speaker 2: dot A you look at up Morningstar dot com dot

1898
01:27:33,640 --> 01:27:36,599
Speaker 2: AU shows that Milford has had the number one performing

1899
01:27:36,680 --> 01:27:39,720
Speaker 2: qisaber funds and the growth, balanced and conservative categories for

1900
01:27:39,840 --> 01:27:41,880
Speaker 2: returns over the past ten years. All of us down

1901
01:27:41,920 --> 01:27:44,960
Speaker 2: to Milford's expert team. Of course, their active approach and investment.

1902
01:27:45,040 --> 01:27:47,599
Speaker 2: So why wouldn't you switch to Milford for your qsaber account?

1903
01:27:48,080 --> 01:27:52,400
Speaker 2: Takes minutes literally jump online photo id ird number handy

1904
01:27:52,439 --> 01:27:55,320
Speaker 2: good to go. Past performance is not a reliable indicator

1905
01:27:55,360 --> 01:27:57,519
Speaker 2: of future performance. Milford Funds Limited, the issuer of the

1906
01:27:57,600 --> 01:28:00,160
Speaker 2: Milford Keewisaber Plan. Plus you can read the milfit'squar we

1907
01:28:00,200 --> 01:28:03,479
Speaker 2: save a planned product disclosure statement at Milford Asset dot

1908
01:28:03,520 --> 01:28:06,800
Speaker 2: com Milford Asset dot com Before investing. You may wish

1909
01:28:06,800 --> 01:28:10,040
Speaker 2: to seek financial advice. For more information on Milford's advice

1910
01:28:10,040 --> 01:28:13,080
Speaker 2: services and to see their financial advice provided disclosure statement,

1911
01:28:13,439 --> 01:28:19,559
Speaker 2: go to Milford Asset dot com slash Getting Dash advice.

1912
01:28:19,680 --> 01:28:24,439
Speaker 1: Trending now with Chemist Warehouse Mayhem megasale on now.

1913
01:28:24,479 --> 01:28:27,280
Speaker 2: From the Department of RFK Junior this morning. The US

1914
01:28:27,320 --> 01:28:30,080
Speaker 2: are no longer recommending COVID nineteen vaccines for children and

1915
01:28:30,120 --> 01:28:32,360
Speaker 2: pregnant women who are healthy. They say, oh, we're in

1916
01:28:32,400 --> 01:28:34,759
Speaker 2: lockstep with a couple of countries like Germany and France.

1917
01:28:35,479 --> 01:28:38,280
Speaker 2: But in Germany and France it's the boosters are only

1918
01:28:38,280 --> 01:28:40,920
Speaker 2: recommended now for the elderly and those with different illnesses.

1919
01:28:41,240 --> 01:28:43,479
Speaker 2: That's just the booster, whereas the US is going further

1920
01:28:43,520 --> 01:28:46,559
Speaker 2: by doing away with the two dose vaccines entirely. Here's

1921
01:28:46,600 --> 01:28:47,680
Speaker 2: the FDA commissioner.

1922
01:28:47,760 --> 01:28:51,439
Speaker 19: The entire world has moved on to a risk stratified approach.

1923
01:28:51,600 --> 01:28:54,200
Speaker 19: The UK says you've got to be seventy five years

1924
01:28:54,840 --> 01:28:58,519
Speaker 19: of age or older, and high risk France it's eighty

1925
01:28:58,600 --> 01:29:01,559
Speaker 19: years of age. And they've been looking at US saying,

1926
01:29:01,640 --> 01:29:05,040
Speaker 19: why are you still recommending the COVID booster every year

1927
01:29:05,080 --> 01:29:07,800
Speaker 19: in perpetuity for young, healthy kids.

1928
01:29:08,040 --> 01:29:09,679
Speaker 2: So this is a catch up moment.

1929
01:29:09,760 --> 01:29:12,400
Speaker 19: This is a milestone moment because, as you know, well,

1930
01:29:12,600 --> 01:29:14,719
Speaker 19: we're trying to rebuild public trust.

1931
01:29:15,240 --> 01:29:15,920
Speaker 8: There was a.

1932
01:29:15,800 --> 01:29:19,599
Speaker 19: Theory that people would need the COVID vaccine every year

1933
01:29:19,600 --> 01:29:22,240
Speaker 19: in perpetuity, So a young girl born today would need

1934
01:29:22,600 --> 01:29:26,400
Speaker 19: eighty COVID shots in her average eighty year lifespan. And

1935
01:29:26,520 --> 01:29:29,680
Speaker 19: that theory is unproven. So we're bringing back science and

1936
01:29:29,720 --> 01:29:31,000
Speaker 19: an evidence based approach.

1937
01:29:31,240 --> 01:29:33,920
Speaker 2: That's Martin Mackery a couple of moments ago. It's interesting,

1938
01:29:33,960 --> 01:29:35,880
Speaker 2: isn't it? So the Prime Minister wasn't with us on

1939
01:29:35,920 --> 01:29:38,920
Speaker 2: Monday because he had a cold slash waz ill. It

1940
01:29:38,960 --> 01:29:40,439
Speaker 2: was a time and it wasn't that long ago in

1941
01:29:40,479 --> 01:29:43,240
Speaker 2: this country or COVID witch is COVID. No one mentioned

1942
01:29:43,240 --> 01:29:45,439
Speaker 2: the wood COVID. I think we've all moved on cadn't we.

1943
01:29:46,000 --> 01:29:47,880
Speaker 2: Speaking of the Prime Minister, he may or may not

1944
01:29:47,920 --> 01:29:49,880
Speaker 2: be on the program. There's a story behind that, and

1945
01:29:50,000 --> 01:29:52,599
Speaker 2: I'll probably tell that tomorrow as well on the program.

1946
01:29:52,640 --> 01:29:54,120
Speaker 2: And a whole lot of other weird things that are

1947
01:29:54,120 --> 01:29:56,880
Speaker 2: happening at home that aren't true. So that makes it fun.

1948
01:29:57,160 --> 01:30:00,040
Speaker 2: As always, Happy Days.

1949
01:30:00,400 --> 01:30:03,280
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1950
01:30:03,400 --> 01:30:06,600
Speaker 1: News Talk SETB from six am weekdays, or follow the

1951
01:30:06,640 --> 01:30:08,080
Speaker 1: podcast on iHeartRadio.