1 00:00:00,760 --> 00:00:04,400 Speaker 1: You're trusted Home the News, Thought, Entertainment of Opinion and 2 00:00:04,680 --> 00:00:08,879 Speaker 1: Mike The Mike Hosking Breakfast with a Veda, Retirement, Communities, 3 00:00:09,160 --> 00:00:11,640 Speaker 1: Life Your Way, News tog send b Bodding. 4 00:00:11,440 --> 00:00:13,640 Speaker 2: And welcome today we dive into health new numbers for 5 00:00:13,680 --> 00:00:15,920 Speaker 2: you this morning. What it costs this country it's high water? 6 00:00:16,040 --> 00:00:19,799 Speaker 2: And can Singapore be an investment savior for our infrastructure? 7 00:00:20,000 --> 00:00:22,080 Speaker 2: Prime ministers and the lads are in the commentary box 8 00:00:22,120 --> 00:00:24,520 Speaker 2: capturin Field and France Rod Liddle does the UK for 9 00:00:24,720 --> 00:00:27,840 Speaker 2: us tasking rolling on the short In week seven past six, 10 00:00:27,880 --> 00:00:29,960 Speaker 2: fresh off the back of the new Labour Prime Minister 11 00:00:30,000 --> 00:00:34,720 Speaker 2: Sakia Stamer accepting free suits and glasses. But by the way, 12 00:00:34,760 --> 00:00:37,600 Speaker 2: is it just me? Or is accepting free glasses even 13 00:00:37,680 --> 00:00:40,320 Speaker 2: weirder than accepting a free suit? Anyway? The deputy leader 14 00:00:40,320 --> 00:00:43,400 Speaker 2: of the British Labor Party accepted a free apartment in 15 00:00:43,479 --> 00:00:45,480 Speaker 2: New York, which I can sort of understand a little 16 00:00:45,479 --> 00:00:47,640 Speaker 2: bit more readily. I mean, you're in New York. A 17 00:00:47,760 --> 00:00:49,639 Speaker 2: donor says, look, I've got a place in New York. 18 00:00:49,640 --> 00:00:52,200 Speaker 2: Why't you stay there? You needed a place to stay? Anyway, 19 00:00:52,200 --> 00:00:55,400 Speaker 2: that sort of makes sense. Whereas most people who need 20 00:00:55,480 --> 00:00:59,080 Speaker 2: reading glasses, buy them for themselves. Anyway, Clothing's tricky to 21 00:00:59,120 --> 00:01:01,279 Speaker 2: the extent of spouse gets added to the mix, so 22 00:01:01,320 --> 00:01:03,440 Speaker 2: you're expected to look a certain way. It's expected you 23 00:01:03,440 --> 00:01:05,560 Speaker 2: can't turn up looking the same every time, so you 24 00:01:05,640 --> 00:01:07,880 Speaker 2: need more clothes than normal people. But where's the line 25 00:01:07,880 --> 00:01:11,039 Speaker 2: between an allowance and simply taking the mickey? MPs aren't 26 00:01:11,040 --> 00:01:13,240 Speaker 2: paid all that much of course, here or in Britain 27 00:01:13,360 --> 00:01:15,800 Speaker 2: or in Australia, which is where in Australia they're prime mins. 28 00:01:15,840 --> 00:01:18,839 Speaker 2: To Anthony Albaneze, he now finds himself in his own 29 00:01:18,880 --> 00:01:21,520 Speaker 2: hole after revelations over the weekend he organized a bunch 30 00:01:21,560 --> 00:01:24,360 Speaker 2: of free upgrades on Quantis by allegedly going directly to 31 00:01:24,400 --> 00:01:28,360 Speaker 2: the then CEO, Ellen Joyce. This was for personal travel 32 00:01:28,360 --> 00:01:30,119 Speaker 2: for himself and his family. I mean, obviously, as Prime 33 00:01:30,120 --> 00:01:31,720 Speaker 2: ministery flies at the front of the plane if not 34 00:01:31,800 --> 00:01:34,360 Speaker 2: on an Air Force jet. But your son travels like 35 00:01:34,360 --> 00:01:37,039 Speaker 2: anybody else, or they do unless Dad's been on the 36 00:01:37,040 --> 00:01:40,280 Speaker 2: phone to the CEO. Now, how these people won think 37 00:01:40,319 --> 00:01:42,319 Speaker 2: this is normal, I've got no idea. And to how 38 00:01:42,319 --> 00:01:44,600 Speaker 2: they think they'll get away with it is beyond me. 39 00:01:44,680 --> 00:01:48,120 Speaker 2: Public life these days is transparent you can do nothing 40 00:01:48,400 --> 00:01:52,280 Speaker 2: without a snitch or a leak or a WhatsApp going Australia. 41 00:01:52,360 --> 00:01:54,120 Speaker 2: Is it a labour thing? I was thinking to myself 42 00:01:54,120 --> 00:01:55,960 Speaker 2: over the weekends, A sort of a left wing thing. 43 00:01:55,960 --> 00:01:59,320 Speaker 2: I mean, how does Starmer and Elbow explain freebies that 44 00:01:59,360 --> 00:02:01,880 Speaker 2: you and I would Again? How do they defend freebies 45 00:02:01,880 --> 00:02:05,480 Speaker 2: from an already exalted position? I mean, Becky and Luxon, 46 00:02:05,880 --> 00:02:07,880 Speaker 2: you've got a begging for doing nothing wrong apart from 47 00:02:07,880 --> 00:02:10,200 Speaker 2: being successful enough to own a few houses. What would 48 00:02:10,240 --> 00:02:12,960 Speaker 2: we have done if he'd been upgrading himself or accepting 49 00:02:13,000 --> 00:02:15,840 Speaker 2: free suits? And Amanda turns up in new I wear 50 00:02:16,280 --> 00:02:20,120 Speaker 2: paid for by party supporters. Public service once meant serving 51 00:02:20,200 --> 00:02:23,920 Speaker 2: the public, not using your position to upgrade yourself, whether 52 00:02:24,320 --> 00:02:26,919 Speaker 2: aviationally or soar to Really. 53 00:02:27,360 --> 00:02:30,960 Speaker 1: Why news of the world in ninety seconds? 54 00:02:30,960 --> 00:02:32,959 Speaker 2: Well he to keep coming from the aforementioned British Prime 55 00:02:32,960 --> 00:02:35,160 Speaker 2: Minister as he lines the country up for some ugly 56 00:02:35,240 --> 00:02:36,640 Speaker 2: numbers this week in his first budget. 57 00:02:36,680 --> 00:02:39,760 Speaker 3: If they think that taxes are too high but they 58 00:02:39,840 --> 00:02:43,880 Speaker 3: don't want to cut public spending, let them tell working 59 00:02:43,919 --> 00:02:47,799 Speaker 3: people why the lessons of less trust no longer apply. 60 00:02:48,080 --> 00:02:49,800 Speaker 2: This bloke worked at the Reserve Bank. 61 00:02:50,080 --> 00:02:57,600 Speaker 4: They chancefers likely to relax borrowing rules to allow more 62 00:02:57,760 --> 00:03:02,120 Speaker 4: public investment than by the previous government. 63 00:03:01,840 --> 00:03:03,960 Speaker 2: Into the US rights with the rellies and the advertising 64 00:03:04,000 --> 00:03:06,359 Speaker 2: of being laid on thick and fast. 65 00:03:06,120 --> 00:03:09,520 Speaker 5: We will put these vicious and bloodthirsty criminals in jail 66 00:03:10,280 --> 00:03:12,840 Speaker 5: and to kick them the hell out of our country. 67 00:03:12,400 --> 00:03:13,800 Speaker 6: As fast as possible. 68 00:03:14,120 --> 00:03:16,880 Speaker 5: I'm here by calling for the death penalty for any 69 00:03:16,960 --> 00:03:19,480 Speaker 5: migrant that kills an American citizen or. 70 00:03:19,480 --> 00:03:21,720 Speaker 7: A law enforcement officer. 71 00:03:22,040 --> 00:03:23,680 Speaker 2: Hero's appealing to the Puerto Ricans. 72 00:03:23,840 --> 00:03:26,600 Speaker 8: I will never forget what Donald Trump did and what 73 00:03:26,720 --> 00:03:30,120 Speaker 8: he did not do when Puerto Rico needed a caring 74 00:03:30,639 --> 00:03:35,080 Speaker 8: and a competent leader, He abandoned the island, tried to 75 00:03:35,120 --> 00:03:39,200 Speaker 8: block aid after back to back devastating hurricanes. 76 00:03:38,760 --> 00:03:41,760 Speaker 2: And Trump let's yesterdize NFL games with edge that lasted 77 00:03:41,840 --> 00:03:43,360 Speaker 2: up to two and a half minutes. 78 00:03:43,440 --> 00:03:46,960 Speaker 9: We are going to launch a new golden age of 79 00:03:47,080 --> 00:03:50,840 Speaker 9: American success for the citizens. 80 00:03:49,840 --> 00:03:52,920 Speaker 10: Of every race, religion, color, and creed. 81 00:03:53,480 --> 00:03:57,880 Speaker 2: Remember Commaloo broken. President Trump will fix it. That didn't 82 00:03:57,880 --> 00:03:59,920 Speaker 2: s why this Republican and pencil. 83 00:04:00,360 --> 00:04:03,560 Speaker 11: I'm not voting for a candidate, I'm not voting for 84 00:04:03,600 --> 00:04:07,600 Speaker 11: a policy. I'm voting against a candidate and policies, and 85 00:04:07,640 --> 00:04:10,880 Speaker 11: not even all the policies, just you know, the unstableness 86 00:04:10,880 --> 00:04:13,080 Speaker 11: of some of the things he says are truly scary. 87 00:04:13,440 --> 00:04:15,800 Speaker 2: Finally, in a first of its kind, studying scientists have 88 00:04:15,920 --> 00:04:20,720 Speaker 2: discovered three three connecting black holes. This is in space. 89 00:04:20,920 --> 00:04:23,960 Speaker 2: They called it black hole triple. Basically, it's a black 90 00:04:23,960 --> 00:04:26,159 Speaker 2: hole in the middle of consuming a star with another 91 00:04:26,200 --> 00:04:28,560 Speaker 2: one also being pulled in. May estimate the star being 92 00:04:28,600 --> 00:04:31,080 Speaker 2: sucked in was circling the black hole every six and 93 00:04:31,120 --> 00:04:33,920 Speaker 2: a half days, while the third star was circling every 94 00:04:33,920 --> 00:04:37,000 Speaker 2: seventy thousand years, which shows you the strength of the 95 00:04:37,000 --> 00:04:40,960 Speaker 2: gravitational pull they think. I think it calls into question 96 00:04:41,080 --> 00:04:43,479 Speaker 2: the theory that all black holes form from exploding stars. 97 00:04:44,000 --> 00:04:46,800 Speaker 2: Use the world out of worlds, and by the way, 98 00:04:46,800 --> 00:04:48,560 Speaker 2: it's going to come to win needed always was Elon 99 00:04:48,640 --> 00:04:50,680 Speaker 2: Musk and as million dollars a day the Department of 100 00:04:50,800 --> 00:04:52,720 Speaker 2: Justice tried last week and saying this could be a 101 00:04:52,760 --> 00:04:56,240 Speaker 2: little bit illlegal, but the Philadelphia District Attorney overnight that 102 00:04:56,279 --> 00:04:58,719 Speaker 2: office has filed a lawsuits, So I think the million 103 00:04:58,760 --> 00:05:01,360 Speaker 2: a day is fairly apparently coming to an end. Twelve 104 00:05:01,440 --> 00:05:04,440 Speaker 2: past six, the. 105 00:05:04,520 --> 00:05:09,840 Speaker 1: Mic asking Breakfast Full Show podcast on iHeartRadio powered by News. 106 00:05:09,600 --> 00:05:13,720 Speaker 2: Talksb reminder of just how solid the Russian economy is 107 00:05:13,720 --> 00:05:15,719 Speaker 2: at the moment. The Central Bank over the weekend increase 108 00:05:15,760 --> 00:05:18,960 Speaker 2: their cash rate by two hundred basis points. And not 109 00:05:19,000 --> 00:05:21,200 Speaker 2: only was it two hundred basis points, most of the 110 00:05:21,200 --> 00:05:23,120 Speaker 2: analysts thought it would only be one hundred. So they've 111 00:05:23,120 --> 00:05:26,720 Speaker 2: taken their cash rate to twenty one. Fifteen past six 112 00:05:28,560 --> 00:05:32,480 Speaker 2: and j I will Andrew kellerher good morning, Hi Mike, 113 00:05:32,560 --> 00:05:34,760 Speaker 2: how are you? I'm well, thank you, and better than 114 00:05:34,800 --> 00:05:37,320 Speaker 2: the New Zealand confidence figure, which I thought we saw 115 00:05:37,360 --> 00:05:40,080 Speaker 2: some green shoots. I thought we saw some hope coming 116 00:05:40,120 --> 00:05:42,640 Speaker 2: for summer and then bom, we're back to reality. 117 00:05:43,160 --> 00:05:46,000 Speaker 12: Yeah, well hope springs eternal, doesn't it make. I've spent 118 00:05:46,160 --> 00:05:48,240 Speaker 12: sort of a week in and around the CBDs of 119 00:05:48,279 --> 00:05:51,159 Speaker 12: Melbourne and Sydney, and it certainly feels like a different 120 00:05:51,279 --> 00:05:53,800 Speaker 12: vibe from that which he get in sort of Central Auckland. 121 00:05:54,040 --> 00:05:57,080 Speaker 12: So it kind of timely to ponder the vibe of 122 00:05:57,200 --> 00:06:00,240 Speaker 12: the New Zealand consumer. So how opportune it was we 123 00:06:00,279 --> 00:06:03,800 Speaker 12: have the release of the z Roy Morgan consumer Confidence 124 00:06:04,040 --> 00:06:05,560 Speaker 12: survey on Friday. 125 00:06:05,880 --> 00:06:07,920 Speaker 6: The headline reads back to reality. 126 00:06:07,960 --> 00:06:09,719 Speaker 12: And I'm about to start a bit of a series 127 00:06:09,760 --> 00:06:11,320 Speaker 12: of talks around the country of the next few week, 128 00:06:11,360 --> 00:06:13,440 Speaker 12: Mike's and Mike and one of the key themes I'm 129 00:06:13,480 --> 00:06:16,760 Speaker 12: sort of exploring or trying to reconcile, is this downbeat 130 00:06:17,000 --> 00:06:19,960 Speaker 12: here and now. You know, with recent lift we've seen 131 00:06:19,960 --> 00:06:23,560 Speaker 12: and expectations, so that lift in consumer and business confidence, 132 00:06:23,880 --> 00:06:26,400 Speaker 12: but you know, the here and now numbers aren't reflecting 133 00:06:26,440 --> 00:06:27,920 Speaker 12: yet that sort of lift in spirits. 134 00:06:28,080 --> 00:06:29,760 Speaker 2: But yeah, that. 135 00:06:29,680 --> 00:06:31,560 Speaker 6: Lift and confidence has stalled. 136 00:06:31,880 --> 00:06:35,080 Speaker 12: The A and Z Roy Morgan Consumer Confidence Index fell 137 00:06:36,000 --> 00:06:38,080 Speaker 12: at the headline level that was only four points to 138 00:06:38,160 --> 00:06:41,600 Speaker 12: ninety one point two, but that follows three months of improvements. 139 00:06:42,240 --> 00:06:44,680 Speaker 12: I think the RBNZ just looking into the data, they'll 140 00:06:44,680 --> 00:06:49,520 Speaker 12: share the fact that consumer inflation expectations are steady. Admittedly, 141 00:06:49,600 --> 00:06:51,839 Speaker 12: they came in at three point eight, which does seem 142 00:06:51,880 --> 00:06:55,880 Speaker 12: quite high, but households typically do tend to over state inflation. 143 00:06:56,480 --> 00:06:59,480 Speaker 12: There was a small lift in house price expectations, and 144 00:06:59,560 --> 00:07:02,719 Speaker 12: we're now starting to get some sort of different expectations, 145 00:07:02,800 --> 00:07:06,240 Speaker 12: or some varying expectations of how the housing market is going. 146 00:07:06,160 --> 00:07:08,920 Speaker 6: To react to lower interest rates next year. 147 00:07:08,960 --> 00:07:11,520 Speaker 12: If I look across the survey that does appear to 148 00:07:11,560 --> 00:07:15,160 Speaker 12: be a general tempering of views over the current and 149 00:07:15,240 --> 00:07:20,640 Speaker 12: future situation. Future conditions in next foul. Perceptions of current 150 00:07:20,680 --> 00:07:23,920 Speaker 12: personal financial conditions foul. The number of people who think 151 00:07:23,960 --> 00:07:26,880 Speaker 12: they will be better off next year, Mike fell eleven percent. 152 00:07:27,800 --> 00:07:29,680 Speaker 12: Now we've spoken a couple of times now about the 153 00:07:29,720 --> 00:07:33,680 Speaker 12: speed of monetary policy transmission. We think about half of 154 00:07:33,720 --> 00:07:38,320 Speaker 12: all mortgage holders will benefit from mortgages repricing lower we 155 00:07:38,360 --> 00:07:41,840 Speaker 12: assume in the next six month. But I'm speculating, Mike, 156 00:07:41,920 --> 00:07:44,920 Speaker 12: that the prospect of a weaker jobs market may now 157 00:07:44,960 --> 00:07:47,640 Speaker 12: becoming a little bit more real, and that will be 158 00:07:47,680 --> 00:07:50,040 Speaker 12: the case of you know, our reality for some time. 159 00:07:50,120 --> 00:07:50,320 Speaker 2: Now. 160 00:07:50,440 --> 00:07:53,320 Speaker 12: We get an update on business confidence later this week, 161 00:07:53,360 --> 00:07:55,160 Speaker 12: so I'd be fascinating to see if the same things 162 00:07:55,160 --> 00:07:55,640 Speaker 12: happen there. 163 00:07:55,720 --> 00:07:58,000 Speaker 2: Okay, let's look at the States, big names, big numbers 164 00:07:58,000 --> 00:07:58,480 Speaker 2: this week. 165 00:07:59,080 --> 00:08:02,480 Speaker 6: Hang on to your hats, mister Hoskins, strap in. 166 00:08:02,520 --> 00:08:05,200 Speaker 12: We're heading into a couple of big weeks for offshore 167 00:08:05,240 --> 00:08:08,600 Speaker 12: financial markets. Firstly, you've got earnings continue to come out 168 00:08:08,640 --> 00:08:09,040 Speaker 12: in the US. 169 00:08:09,080 --> 00:08:09,240 Speaker 13: Now. 170 00:08:09,280 --> 00:08:11,760 Speaker 6: Tesla may have given the NASTAQ index a bit of 171 00:08:11,760 --> 00:08:12,920 Speaker 6: a boost last week, and it. 172 00:08:12,840 --> 00:08:16,240 Speaker 12: Actually it has held on to those gains overnight. But 173 00:08:16,360 --> 00:08:20,120 Speaker 12: this week really is crunch week. You've approximately a third 174 00:08:20,400 --> 00:08:23,160 Speaker 12: of the S and P five hundred companies reporting this week, 175 00:08:23,160 --> 00:08:29,280 Speaker 12: and you've got the biggies there. You've got Alphabet, that's Google, Apple, Amazon, Meta, Microsoft, 176 00:08:29,360 --> 00:08:31,960 Speaker 12: so the Magnificent seven is almost completely covered. But you've 177 00:08:31,960 --> 00:08:34,559 Speaker 12: got Eli Lilly X on mobile visa as well, and 178 00:08:34,679 --> 00:08:36,320 Speaker 12: we'll get a better feel, i think for the role 179 00:08:36,360 --> 00:08:39,160 Speaker 12: of AI developments in those businesses. 180 00:08:39,200 --> 00:08:39,520 Speaker 6: And Mike. 181 00:08:39,640 --> 00:08:45,000 Speaker 12: On Friday, I attended a presentation in Melbourne from Australia's 182 00:08:45,080 --> 00:08:47,200 Speaker 12: answer to sort of big tech guru. It's a guy 183 00:08:47,240 --> 00:08:51,240 Speaker 12: called Craig Scroggie. He's boss of next DC. Next DC, 184 00:08:51,400 --> 00:08:55,120 Speaker 12: they're data center operator. He was absolutely convinced that we're 185 00:08:55,120 --> 00:08:58,240 Speaker 12: on the cusp of the fourth Industrial Revolution. In the 186 00:08:58,240 --> 00:09:01,520 Speaker 12: next few years we'll see change x celerated an enormous 187 00:09:01,559 --> 00:09:02,040 Speaker 12: rate of notts. 188 00:09:02,160 --> 00:09:04,959 Speaker 6: But he may be correct, but company valuations in this. 189 00:09:04,920 --> 00:09:07,960 Speaker 12: Space could be quite volatile till those real outcomes become 190 00:09:07,960 --> 00:09:11,480 Speaker 12: a little clearer. You've got PCE inflation in the US 191 00:09:11,520 --> 00:09:13,800 Speaker 12: this week, that's the one the FED lights. We've got 192 00:09:13,800 --> 00:09:16,440 Speaker 12: the first read on third quarter GDP for the US. 193 00:09:16,520 --> 00:09:19,360 Speaker 12: You've got jobs numbers that sort of book ending the week. 194 00:09:19,400 --> 00:09:22,480 Speaker 12: That's the central piece of the monetary policy jigsaw puzzle. 195 00:09:22,480 --> 00:09:25,320 Speaker 12: You've got Bank of Japan, they've got an illustrate decision. 196 00:09:25,720 --> 00:09:28,439 Speaker 12: Missed all the political upheaval there UK budget though you 197 00:09:28,600 --> 00:09:32,199 Speaker 12: just talked about, and of course the US election keeps 198 00:09:32,360 --> 00:09:36,480 Speaker 12: careering towards what's going to be an absolutely fascinating conclusion. 199 00:09:36,559 --> 00:09:37,880 Speaker 2: There's a good times for one of the numbers. 200 00:09:38,600 --> 00:09:40,599 Speaker 6: The dal Jones is up. It's up two hundred and 201 00:09:40,640 --> 00:09:42,720 Speaker 6: seventy four points. Love that. 202 00:09:42,720 --> 00:09:45,800 Speaker 12: That's point sixty five percent forty three hundred and eighty nine. 203 00:09:46,040 --> 00:09:47,760 Speaker 12: The S and P five hundred is up twenty one 204 00:09:47,840 --> 00:09:51,120 Speaker 12: points point three five percent five eight two eight, and 205 00:09:51,240 --> 00:09:53,880 Speaker 12: the Nasdaq up ninety one points just under half a 206 00:09:53,920 --> 00:09:56,360 Speaker 12: percent eighteeny six hundred and nine. 207 00:09:56,400 --> 00:09:58,480 Speaker 6: Overnight. The fort se one hundred gained. 208 00:09:58,520 --> 00:10:01,280 Speaker 12: Point four to five percent eight to eight five the close. 209 00:10:01,720 --> 00:10:03,720 Speaker 12: The Necke was up one point eight two percent three 210 00:10:03,800 --> 00:10:06,760 Speaker 12: eight six oh five. Shanghai comps ab up points six 211 00:10:06,920 --> 00:10:10,920 Speaker 12: eight three three two two. The Aussies they weren't on holiday, yesdoy, 212 00:10:10,960 --> 00:10:13,720 Speaker 12: they gained ten points eight two to one. We obviously 213 00:10:13,800 --> 00:10:16,199 Speaker 12: wear the clothes on Friday twelve thousand, seven hundred and 214 00:10:16,240 --> 00:10:19,640 Speaker 12: seventy one Kiwi dollar. It's under sixty cents against the 215 00:10:19,720 --> 00:10:23,000 Speaker 12: US mike point five nine seven seven points nine oh 216 00:10:23,120 --> 00:10:25,360 Speaker 12: seven eight against the ossie point five five two six 217 00:10:25,480 --> 00:10:29,280 Speaker 12: euro point four six five against the pound ninety one 218 00:10:29,360 --> 00:10:31,960 Speaker 12: point sixty two Japanese end gold Gosh is a story here. 219 00:10:32,000 --> 00:10:34,400 Speaker 12: Gold just keeps going up two thousand, seven hundred and 220 00:10:34,400 --> 00:10:35,920 Speaker 12: forty two dollars. I might have to talk about that 221 00:10:36,000 --> 00:10:39,240 Speaker 12: at some stage and break crude falling a bit seventy 222 00:10:39,280 --> 00:10:41,480 Speaker 12: one dollars and ninety eight cents oil going down. 223 00:10:41,600 --> 00:10:44,560 Speaker 2: Yes, and I can ketchup tomorrow. Appreciated Andrew kelliher Joemiwealth 224 00:10:44,600 --> 00:10:47,520 Speaker 2: dot co dot mz tasket what happens when the Israelis 225 00:10:47,559 --> 00:10:51,040 Speaker 2: don't to strike the oild reserves? Now in Nvidia became 226 00:10:51,120 --> 00:10:54,319 Speaker 2: once again the world's most valuable company on Friday, five 227 00:10:54,360 --> 00:10:58,000 Speaker 2: point nine trillion, five point nine trillion dollars. Apple at 228 00:10:58,040 --> 00:11:01,480 Speaker 2: five eight eight, Microsoft five three one, So there's fifteen 229 00:11:01,559 --> 00:11:05,040 Speaker 2: trillion between the three of them. It's crazy. Six twenty one. 230 00:11:05,480 --> 00:11:06,240 Speaker 2: You're at News Talks. 231 00:11:06,280 --> 00:11:10,839 Speaker 1: It'd be the Vike Asking Breakfast Full Show podcast on 232 00:11:11,080 --> 00:11:13,960 Speaker 1: iHeartRadio powered by News talks at b Jell. 233 00:11:14,040 --> 00:11:15,800 Speaker 2: You what, There's a lot of democracy going on over 234 00:11:15,840 --> 00:11:19,120 Speaker 2: the weekend. We'll talk to Catherine about Georgia. Basically Georgia 235 00:11:19,200 --> 00:11:22,280 Speaker 2: the Dream Party which runs the place pro Russia. They 236 00:11:22,320 --> 00:11:24,000 Speaker 2: were off against a bunch of people who wanted to 237 00:11:24,080 --> 00:11:27,439 Speaker 2: be more pro EU. Russia wins, so we'll cover that off. 238 00:11:27,760 --> 00:11:32,240 Speaker 2: Chrisph Fuller is your new premier in Queensland. The Liberal 239 00:11:32,320 --> 00:11:36,000 Speaker 2: National Coalition thrashed the Labor Party, so that to change 240 00:11:36,040 --> 00:11:37,760 Speaker 2: your government after a very long period of time. The 241 00:11:37,840 --> 00:11:40,080 Speaker 2: interesting thing there is Stephen Miles, who was the leader 242 00:11:40,080 --> 00:11:42,679 Speaker 2: of the Labor Party, former premier. He wants to stay on, 243 00:11:42,920 --> 00:11:44,679 Speaker 2: so there's a bit of angst around whether or not 244 00:11:44,720 --> 00:11:46,520 Speaker 2: they're going to let him, whether there's some sort of 245 00:11:46,920 --> 00:11:49,200 Speaker 2: leadership challenge. The really interesting one over the weekend though, 246 00:11:49,280 --> 00:11:52,439 Speaker 2: was Japan. Because Ashiba, who only got to be Prime 247 00:11:52,480 --> 00:11:54,280 Speaker 2: Minister a very short time ago, the very first thing 248 00:11:54,320 --> 00:11:55,640 Speaker 2: he did a month or so back when he got 249 00:11:55,679 --> 00:11:58,079 Speaker 2: the job was pulled the treader on a snap election, 250 00:11:58,800 --> 00:12:01,080 Speaker 2: which is always risky at the best of times, especially 251 00:12:01,120 --> 00:12:02,679 Speaker 2: when you've been in power for a very long time, 252 00:12:02,720 --> 00:12:04,600 Speaker 2: which is the case in Japan. The LDP of basically 253 00:12:04,679 --> 00:12:07,559 Speaker 2: run Japan forever, but they've been bogged down with one 254 00:12:07,600 --> 00:12:10,120 Speaker 2: and economy that's not going particularly well, and two, probably 255 00:12:10,200 --> 00:12:12,440 Speaker 2: more importantly for the Japanese voter, a lot of scandal. 256 00:12:13,080 --> 00:12:14,760 Speaker 2: So in pulling the trigger, and he came to the 257 00:12:14,840 --> 00:12:18,079 Speaker 2: job as a result of a scandal, So in pulling 258 00:12:18,120 --> 00:12:19,839 Speaker 2: the trigger, he took a risk and he's lost. He's 259 00:12:19,880 --> 00:12:22,640 Speaker 2: blown it. So they are still the biggest party of 260 00:12:22,640 --> 00:12:26,199 Speaker 2: the LDP, but they've got a coalition partner, the Commodo Party, 261 00:12:26,840 --> 00:12:29,520 Speaker 2: and they sort of have run Japan and it's just 262 00:12:29,679 --> 00:12:32,520 Speaker 2: the way it is. But those two parties now don't 263 00:12:32,559 --> 00:12:35,079 Speaker 2: have the numbers they need, so they're going to have 264 00:12:35,160 --> 00:12:38,439 Speaker 2: to stitch together something that looks like a government, and 265 00:12:38,559 --> 00:12:41,120 Speaker 2: nobody knows quite how they're going to do that. So 266 00:12:41,320 --> 00:12:43,280 Speaker 2: we'll watch the space with a great deal of interest. 267 00:12:43,400 --> 00:12:44,319 Speaker 2: Six twenty five. 268 00:12:44,559 --> 00:12:47,880 Speaker 14: Trending now with them as well, and you're home of 269 00:12:47,960 --> 00:12:49,520 Speaker 14: supports and nutrition now. 270 00:12:49,520 --> 00:12:52,720 Speaker 2: And that's before we get to the Eskibeedi toilet trend. 271 00:12:53,480 --> 00:12:55,400 Speaker 2: So it starts on YouTube. There's a remix of a 272 00:12:55,480 --> 00:12:58,199 Speaker 2: song called dom Dom Yes Yes, and that's by Bulgarian 273 00:12:58,280 --> 00:13:02,440 Speaker 2: DJ Biza King Give me the Dot dumb, dumb, dumb 274 00:13:02,559 --> 00:13:07,880 Speaker 2: dump Yes, yes, yes, crap social media. Why did Ginny 275 00:13:07,920 --> 00:13:09,880 Speaker 2: Anderson spend more time on this instead of what you 276 00:13:10,320 --> 00:13:12,199 Speaker 2: did spend your time on on social media? There's a 277 00:13:12,320 --> 00:13:15,000 Speaker 2: question for you this morning. So that's the original. We've 278 00:13:15,040 --> 00:13:17,760 Speaker 2: got a remixed video that came out has been viewed 279 00:13:17,800 --> 00:13:24,439 Speaker 2: over two hundred and eight million times, and the video 280 00:13:24,800 --> 00:13:28,120 Speaker 2: is set to a head popping up out of a toilet. 281 00:13:28,760 --> 00:13:36,440 Speaker 8: Thismstatis STiMi. 282 00:13:36,120 --> 00:13:43,360 Speaker 2: Skimmy skimmy, so it's aimed at jin elfa, which are 283 00:13:43,400 --> 00:13:47,840 Speaker 2: those people born after twenty ten? And the Skimedi toilet tiktoks, 284 00:13:48,480 --> 00:13:51,760 Speaker 2: the Scabbedi toilet tiktoks have been viewed more than twenty 285 00:13:52,920 --> 00:13:57,840 Speaker 2: billion times and it went even bigger when Northwest bought 286 00:13:57,920 --> 00:14:02,240 Speaker 2: Kim Kardashian a Skabedi toilet necklace. And now kids are 287 00:14:02,320 --> 00:14:05,320 Speaker 2: yelling at random times in a classroom. So the teachers 288 00:14:05,360 --> 00:14:06,640 Speaker 2: of TikTok page have made. 289 00:14:06,559 --> 00:14:11,280 Speaker 15: This Welcome to another presentation. This one is called when 290 00:14:11,400 --> 00:14:15,880 Speaker 15: can you yell skibbity toilet Between the hours of twelve 291 00:14:15,920 --> 00:14:19,360 Speaker 15: am and nine to fifteen am and four o'clock pm 292 00:14:19,640 --> 00:14:21,040 Speaker 15: to eleven fifteen nine. 293 00:14:21,120 --> 00:14:23,920 Speaker 6: Am, you'll notice that these are hours. 294 00:14:23,640 --> 00:14:26,960 Speaker 7: That we are not at school and that is on purpose. 295 00:14:28,400 --> 00:14:33,480 Speaker 9: Thank you. Also, what is skibbity toilet? 296 00:14:35,000 --> 00:14:38,320 Speaker 2: Mike, My five year old boy loves skibbity toilet. I 297 00:14:38,520 --> 00:14:40,760 Speaker 2: just don't get it. And that's probably a good thing. 298 00:14:42,600 --> 00:14:45,000 Speaker 2: And for all of those you're asking, is the world 299 00:14:45,120 --> 00:14:48,040 Speaker 2: going to hell and a handcut? Yes, its We do 300 00:14:48,280 --> 00:14:50,560 Speaker 2: have the prospect of a float for key we Bank. 301 00:14:50,680 --> 00:14:52,920 Speaker 2: We'll have a look at the prospects of this after 302 00:14:53,000 --> 00:14:53,400 Speaker 2: the news. 303 00:14:54,960 --> 00:14:58,560 Speaker 1: The newspakers and the personalities of the big names talk 304 00:14:59,000 --> 00:15:02,720 Speaker 1: to Mike Costing breakfast with the range rover, the la 305 00:15:03,160 --> 00:15:06,240 Speaker 1: designed to intrigue and use constat b the war. 306 00:15:06,240 --> 00:15:09,000 Speaker 2: Seems funny to me. We sort of notice the same thing. 307 00:15:09,080 --> 00:15:11,520 Speaker 2: So Israel. We all sit on the edge of our 308 00:15:11,560 --> 00:15:13,480 Speaker 2: seats going, oh geez, what's this rail going to do 309 00:15:13,560 --> 00:15:15,800 Speaker 2: to Iran? And then they do something to Iran which 310 00:15:15,880 --> 00:15:18,760 Speaker 2: involves them not hitting the oil all the nuclear so 311 00:15:18,880 --> 00:15:21,400 Speaker 2: we all go, oh, sure that's good, and so of 312 00:15:21,520 --> 00:15:24,000 Speaker 2: course the price of oil drops. Price of oil drop 313 00:15:24,080 --> 00:15:26,760 Speaker 2: four percent. Then the I told us sits there going ah, 314 00:15:26,840 --> 00:15:29,320 Speaker 2: it wasn't very successful. It was a little bit successful, 315 00:15:29,360 --> 00:15:31,240 Speaker 2: but not too successful. So we're gonna have a good 316 00:15:31,280 --> 00:15:32,560 Speaker 2: think about it, and we're going to see it. So 317 00:15:32,800 --> 00:15:34,280 Speaker 2: now we're all on the edge of our seats again 318 00:15:34,360 --> 00:15:36,120 Speaker 2: waiting for them to telegraph what they're going to do, 319 00:15:36,200 --> 00:15:38,480 Speaker 2: which will be a series of drones, and then they'll 320 00:15:38,520 --> 00:15:40,440 Speaker 2: telegraph the series of drones the day before they send 321 00:15:40,480 --> 00:15:42,320 Speaker 2: the series of drones, and then Israel will shoot them 322 00:15:42,360 --> 00:15:44,280 Speaker 2: all down and they go, well, that's unacceptable. We're gonna 323 00:15:44,280 --> 00:15:45,880 Speaker 2: have to do this, and back back and forward AGAs 324 00:15:45,880 --> 00:15:49,960 Speaker 2: it's weirdest thing. Twenty three minutes away from seven the 325 00:15:51,400 --> 00:15:54,840 Speaker 2: Georgia election, among other matters with Captain Field and France 326 00:15:54,880 --> 00:15:57,040 Speaker 2: for in a couple of moments. Meantime, back here, the 327 00:15:57,120 --> 00:15:59,400 Speaker 2: long road to some sort of disruptibility in the banking 328 00:15:59,440 --> 00:16:01,880 Speaker 2: sectors got to new idea. Let's plow Kiwi bank. That's 329 00:16:01,920 --> 00:16:04,840 Speaker 2: the thinking. Documents released by Treasury suggest if you stuck 330 00:16:04,880 --> 00:16:06,840 Speaker 2: the bank on the share market, we'd all invest, would 331 00:16:06,840 --> 00:16:08,880 Speaker 2: we They would get the money to get amongst the 332 00:16:08,920 --> 00:16:11,280 Speaker 2: big players and bring about the utopian present so many 333 00:16:11,360 --> 00:16:13,600 Speaker 2: seem to think will make some sort of difference. Massive 334 00:16:13,680 --> 00:16:16,480 Speaker 2: University Associate Professor Clear Matthews is with us. Clear, very 335 00:16:16,520 --> 00:16:19,440 Speaker 2: good morning to you, moriendam Mike as an idea. 336 00:16:19,520 --> 00:16:19,960 Speaker 13: Do you like it? 337 00:16:23,160 --> 00:16:25,000 Speaker 16: I guess I'm probably a bit on the fence. On 338 00:16:25,120 --> 00:16:27,760 Speaker 16: the one hand, if we think we want to really 339 00:16:27,880 --> 00:16:30,800 Speaker 16: get Kiwibank doing something in the market, then they need 340 00:16:30,920 --> 00:16:33,720 Speaker 16: capital and it's a sensible way of doing it. Whether 341 00:16:33,840 --> 00:16:35,960 Speaker 16: there's any value in trying to actually do that with 342 00:16:36,080 --> 00:16:37,360 Speaker 16: Key Bank, it's a different issure. 343 00:16:37,920 --> 00:16:39,960 Speaker 2: I sit on the fence with you. I can't. There 344 00:16:40,040 --> 00:16:43,480 Speaker 2: is no guarantee that making no matter what mechanism is, 345 00:16:43,680 --> 00:16:46,720 Speaker 2: there is no guarantee that making Kiwibank bigger would automatically 346 00:16:46,840 --> 00:16:49,200 Speaker 2: mean anything, would it? Apart from the fact that gets bigger. 347 00:16:50,440 --> 00:16:50,960 Speaker 17: Well, that's right. 348 00:16:51,040 --> 00:16:53,000 Speaker 16: I mean, if it's bigger, it's going to be able 349 00:16:53,080 --> 00:16:56,120 Speaker 16: to operate at a similar level to the other banks 350 00:16:56,520 --> 00:16:59,240 Speaker 16: are the other big banks. But whether that's actually going 351 00:16:59,320 --> 00:17:01,240 Speaker 16: to make a difference. Whether they're just going to become 352 00:17:01,760 --> 00:17:04,400 Speaker 16: like the other big banks and make those sorts of profits, 353 00:17:04,560 --> 00:17:07,520 Speaker 16: which might be good because then the shareholders including government 354 00:17:07,560 --> 00:17:10,160 Speaker 16: would get bigger dividends. That might be good, But where 355 00:17:10,160 --> 00:17:12,560 Speaker 16: that would actually make a real difference in terms of 356 00:17:12,640 --> 00:17:15,920 Speaker 16: how the banking market operates. I guess we won't know 357 00:17:16,040 --> 00:17:16,800 Speaker 16: unless it happens. 358 00:17:17,000 --> 00:17:20,240 Speaker 2: No, the Big four versus the Big five, what difference 359 00:17:20,280 --> 00:17:20,760 Speaker 2: would there be. 360 00:17:23,040 --> 00:17:25,480 Speaker 16: There'd be NEXTRA bank in there. One of them is 361 00:17:25,560 --> 00:17:30,440 Speaker 16: New Zealand. One of them is New Zealand owned. Because 362 00:17:30,480 --> 00:17:32,560 Speaker 16: it's bigger, because it's got more capital, it may be 363 00:17:32,640 --> 00:17:34,080 Speaker 16: able to do things slightly differently. 364 00:17:35,320 --> 00:17:38,000 Speaker 2: Explain to us in what way? Because I mean, if 365 00:17:38,119 --> 00:17:39,760 Speaker 2: I can go to QWI Bank and get a mortgage 366 00:17:39,800 --> 00:17:42,240 Speaker 2: now the same way an ZB and Z or Westpac. 367 00:17:42,600 --> 00:17:44,639 Speaker 2: People have decided they do or they don't. It's not 368 00:17:44,760 --> 00:17:49,600 Speaker 2: been particularly successful patriotically speaking. If they were bigger, what 369 00:17:49,720 --> 00:17:51,280 Speaker 2: would they do They can't do now. 370 00:17:52,760 --> 00:17:57,040 Speaker 16: They give them capital to try different things. So what 371 00:17:57,160 --> 00:18:00,680 Speaker 16: they might do, I mean that's crystal ball gazing, and 372 00:18:00,840 --> 00:18:02,919 Speaker 16: so I don't know what sort of things they might 373 00:18:03,000 --> 00:18:05,879 Speaker 16: be thinking about trying. But in reality, banking is banking, 374 00:18:06,040 --> 00:18:10,200 Speaker 16: and so there are limited opportunities. So it's difficult to 375 00:18:10,240 --> 00:18:12,560 Speaker 16: see exactly what they would do differently if they've got 376 00:18:12,640 --> 00:18:16,520 Speaker 16: more capital. But this is seen as being one of 377 00:18:16,600 --> 00:18:18,560 Speaker 16: the things that can be done to try and make 378 00:18:18,600 --> 00:18:21,159 Speaker 16: the banking sector or competitive, although I would argue that 379 00:18:21,240 --> 00:18:24,080 Speaker 16: it is actually already quite competitive. I know others don't agree, 380 00:18:25,400 --> 00:18:28,639 Speaker 16: and so it is really difficult to see really in 381 00:18:28,760 --> 00:18:31,760 Speaker 16: reality how much difference it would actually make. But if 382 00:18:31,800 --> 00:18:33,840 Speaker 16: it's seen as important, it's. 383 00:18:33,640 --> 00:18:34,280 Speaker 18: A way to do it. 384 00:18:34,920 --> 00:18:37,080 Speaker 2: I take it you following the banking inquiry like I 385 00:18:37,280 --> 00:18:40,359 Speaker 2: am and I heard last week. I mean, the government 386 00:18:40,480 --> 00:18:42,760 Speaker 2: seems to have made up their mind there's something wrong 387 00:18:42,840 --> 00:18:45,600 Speaker 2: with banking and they need to do something which brings 388 00:18:45,640 --> 00:18:46,879 Speaker 2: in a political aspect, doesn't it. 389 00:18:48,280 --> 00:18:50,480 Speaker 16: Absolutely? But I don't think it's just the government that's 390 00:18:50,480 --> 00:18:53,879 Speaker 16: decided there's something wrong with banking. I think to an extent, 391 00:18:54,640 --> 00:18:57,240 Speaker 16: all the political parties sitting something wrong with banking, which 392 00:18:57,320 --> 00:18:59,800 Speaker 16: reflects the fact that the New Zealand population things. 393 00:19:00,560 --> 00:19:02,760 Speaker 2: But we can't explain why though clear we've just been 394 00:19:02,840 --> 00:19:05,560 Speaker 2: told there's something wrong and we go, oh, yere's something 395 00:19:05,600 --> 00:19:07,600 Speaker 2: wrong with them, and you go, well, like what you 396 00:19:07,760 --> 00:19:10,040 Speaker 2: and as you've just tried to articulate, you're an expert 397 00:19:10,040 --> 00:19:12,080 Speaker 2: and you can't explain it. We've got heaps of banks. 398 00:19:13,760 --> 00:19:15,600 Speaker 16: What scene is the problem is the fact that they 399 00:19:15,720 --> 00:19:20,960 Speaker 16: make lots of money and what successful They are huge 400 00:19:21,040 --> 00:19:24,280 Speaker 16: organizations that are working with a lot of money. They 401 00:19:24,359 --> 00:19:26,600 Speaker 16: make a reasonable amount and they need to make a 402 00:19:26,680 --> 00:19:29,280 Speaker 16: reasonable amount because of they don't make enough money. The 403 00:19:29,400 --> 00:19:31,440 Speaker 16: parent mean will say, what's the point of being in 404 00:19:31,520 --> 00:19:34,480 Speaker 16: New Zealand. It's such a full part of our operation, 405 00:19:35,000 --> 00:19:37,480 Speaker 16: it's not worth our while. Let's get rid of it, 406 00:19:37,600 --> 00:19:38,679 Speaker 16: and then New Zealand. 407 00:19:38,440 --> 00:19:40,560 Speaker 2: Would be a lot worse off, Which goes back to 408 00:19:40,600 --> 00:19:42,240 Speaker 2: my question, how come you can work this out and 409 00:19:42,320 --> 00:19:44,240 Speaker 2: I can work it out. Not not defending the banks, 410 00:19:44,640 --> 00:19:46,240 Speaker 2: but I mean, it just seems to me. I'm open 411 00:19:46,320 --> 00:19:49,040 Speaker 2: to an argument from somebody that goes explain to me 412 00:19:49,200 --> 00:19:52,280 Speaker 2: cohesively why there's such a problem here, and I just 413 00:19:52,480 --> 00:19:53,240 Speaker 2: can't see it. 414 00:19:56,280 --> 00:19:56,960 Speaker 16: I can't help you. 415 00:19:58,119 --> 00:20:01,520 Speaker 2: And by adding another bank, I don't know what it solves. 416 00:20:01,960 --> 00:20:03,840 Speaker 2: I mean, I mean, maybe I get to invest in 417 00:20:03,920 --> 00:20:06,280 Speaker 2: key we Bank, WHIPEDI do. What difference does that make 418 00:20:06,320 --> 00:20:08,879 Speaker 2: to anybody apart from the fact I get to invest 419 00:20:08,920 --> 00:20:10,320 Speaker 2: and they get to make some money and maybe they 420 00:20:10,400 --> 00:20:12,440 Speaker 2: get bigger. But you know, we still have the so 421 00:20:12,640 --> 00:20:15,520 Speaker 2: called broken model. If you believe the model is broken. 422 00:20:16,560 --> 00:20:20,040 Speaker 16: Absolutely so it's really difficult to see in reality what 423 00:20:20,320 --> 00:20:25,240 Speaker 16: difference it would make, what practical value there would be. Okay, so, 424 00:20:26,000 --> 00:20:27,920 Speaker 16: but if it's done, it's good for the government. It 425 00:20:28,000 --> 00:20:30,000 Speaker 16: makes it look like they're doing something. Looks like they're 426 00:20:30,000 --> 00:20:35,000 Speaker 16: responding to what the public want, and so therefore that's 427 00:20:35,000 --> 00:20:35,560 Speaker 16: going to be better. 428 00:20:35,960 --> 00:20:38,359 Speaker 2: Okay, all right, clear, we can go about our day now. 429 00:20:38,480 --> 00:20:41,320 Speaker 2: This is excellent. Clear Matthew's, associate professor at Massi University 430 00:20:41,440 --> 00:20:43,600 Speaker 2: Business School. I mean, do you disagree? I mean, everybody 431 00:20:43,680 --> 00:20:45,960 Speaker 2: goes our banking is broken. Is it explain to me 432 00:20:46,080 --> 00:20:49,200 Speaker 2: how eighteen minutes away from seven Paski kna's got trouble. 433 00:20:49,200 --> 00:20:51,880 Speaker 2: Their industrial profits. Won't buoy you with the specifics, but nevertheless, 434 00:20:51,880 --> 00:20:54,320 Speaker 2: their industrial profits came out over the weekend. They've tanked. 435 00:20:55,160 --> 00:20:57,639 Speaker 2: They're down seventeen point eight percent in August and twenty 436 00:20:57,800 --> 00:20:59,440 Speaker 2: seven percent of September. Is this bad? 437 00:20:59,520 --> 00:20:59,639 Speaker 9: Yes? 438 00:20:59,720 --> 00:20:59,879 Speaker 11: It is? 439 00:21:00,000 --> 00:21:02,440 Speaker 2: Why is it bad? Because we rely on China, which 440 00:21:02,520 --> 00:21:05,240 Speaker 2: leads you to the Chinese Parliament. So they announced also 441 00:21:05,280 --> 00:21:07,520 Speaker 2: over the weekend they're having a highly anticipated meeting in 442 00:21:07,760 --> 00:21:09,679 Speaker 2: next week four through eight. I don't know why they 443 00:21:09,720 --> 00:21:11,480 Speaker 2: need four days to do it, but nevertheless, four through 444 00:21:11,520 --> 00:21:14,040 Speaker 2: eight of November, and they're going to be talking about 445 00:21:14,080 --> 00:21:16,960 Speaker 2: what more stimulus, which is already at trillions of dollars, 446 00:21:17,240 --> 00:21:20,240 Speaker 2: what more stimulus they can provide the economy. So we 447 00:21:20,359 --> 00:21:22,480 Speaker 2: watch and wait with a great deal of interest. Seventeen 448 00:21:22,480 --> 00:21:22,840 Speaker 2: to two. 449 00:21:23,840 --> 00:21:28,399 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 450 00:21:28,480 --> 00:21:29,200 Speaker 1: by News Talks. 451 00:21:29,240 --> 00:21:31,440 Speaker 2: It'd be Mike, I thought the banking inquiry was kicked 452 00:21:31,440 --> 00:21:33,600 Speaker 2: after look into the rural banking. It now feels like 453 00:21:33,680 --> 00:21:37,000 Speaker 2: it's been twisted to accommodate all sectors. You're right, but wrong. 454 00:21:37,440 --> 00:21:41,280 Speaker 2: It was a general inquiry with an emphasis on rural banking, 455 00:21:41,320 --> 00:21:43,080 Speaker 2: but you're often running on that subject. It'll come back 456 00:21:43,080 --> 00:21:44,240 Speaker 2: to it in the moment. Fourteen to two. 457 00:21:44,880 --> 00:21:48,720 Speaker 19: International Correspondence with ends and Eye Insurance, Peace of mind 458 00:21:48,840 --> 00:21:50,680 Speaker 19: for New Zealand business right the plants. 459 00:21:50,520 --> 00:21:52,080 Speaker 2: We go, Captain feel very good morning to you. 460 00:21:52,960 --> 00:21:53,760 Speaker 20: Good morning Mane. 461 00:21:53,800 --> 00:21:56,800 Speaker 2: Now the Georgia election interesting, so pro Russia, b po 462 00:21:57,160 --> 00:21:59,119 Speaker 2: pro EU. It looks like Russia wins. 463 00:22:00,520 --> 00:22:02,960 Speaker 20: It does look a bit like that, although there are 464 00:22:03,080 --> 00:22:09,400 Speaker 20: allegations coming from election observers of ballot box stuffing, of intimidation, 465 00:22:10,280 --> 00:22:14,280 Speaker 20: coercion among voters. I mean, as I'm speaking to Mike 466 00:22:14,320 --> 00:22:16,760 Speaker 20: with seeing pictures coming home of a big demonstration in 467 00:22:16,840 --> 00:22:20,360 Speaker 20: the center of the capital Tabilisi, tens of thousands coming 468 00:22:20,400 --> 00:22:22,720 Speaker 20: out onto the streets. They've been called up there by 469 00:22:22,880 --> 00:22:29,520 Speaker 20: the President salamezerabash Pheeli, who alleges there were irregularities. 470 00:22:28,720 --> 00:22:29,359 Speaker 9: In the vote. 471 00:22:29,440 --> 00:22:31,600 Speaker 20: She actually has come out and said that this was 472 00:22:32,040 --> 00:22:35,920 Speaker 20: what she described as a Russian special operation. They say 473 00:22:36,000 --> 00:22:40,040 Speaker 20: that in fact, the ruling party, the Georgian Dream, that 474 00:22:40,160 --> 00:22:43,720 Speaker 20: Pro Russia party, won only forty percent of the votes. 475 00:22:43,800 --> 00:22:46,000 Speaker 2: So it's a it's a real worry. 476 00:22:45,800 --> 00:22:49,240 Speaker 20: Actually for that region because when you look at that region, Mike, 477 00:22:49,320 --> 00:22:53,320 Speaker 20: you've got so many tensions there. You've got Georgia itself, 478 00:22:53,440 --> 00:22:57,040 Speaker 20: you know, split between Russia, Iran Turkey, all of them 479 00:22:57,080 --> 00:22:59,600 Speaker 20: claiming a bit of it. We saw back in what 480 00:23:00,880 --> 00:23:06,320 Speaker 20: to Russia invaded parts of Georgia, which I said had 481 00:23:06,400 --> 00:23:10,120 Speaker 20: a big Russian minority living there. There are still UN 482 00:23:10,240 --> 00:23:13,359 Speaker 20: and EU observers that station there to try and stop 483 00:23:13,960 --> 00:23:18,000 Speaker 20: more conflict happening there. So it's a real concern that 484 00:23:18,119 --> 00:23:23,280 Speaker 20: yet again you're seeing on Europe's eastern flank pro Russian parties, 485 00:23:23,520 --> 00:23:27,680 Speaker 20: oligarch's taking power and question marks over exactly whether or 486 00:23:27,720 --> 00:23:29,959 Speaker 20: not these were free or fair elections exactly. 487 00:23:30,080 --> 00:23:32,760 Speaker 2: So the next question is anyone actually, apart from the 488 00:23:32,760 --> 00:23:34,359 Speaker 2: people on the street, going to do anything about it. 489 00:23:34,400 --> 00:23:36,800 Speaker 2: And then you come to another election which is in America, 490 00:23:36,960 --> 00:23:38,720 Speaker 2: and of a certain bloke who was standing in Medicine 491 00:23:38,720 --> 00:23:41,920 Speaker 2: Square garden yesterday wins. The implications for the EU, I 492 00:23:41,960 --> 00:23:43,080 Speaker 2: would have thought are enormous. 493 00:23:43,920 --> 00:23:47,920 Speaker 20: Oh, just absolutely enormous. I mean they have started thinking 494 00:23:47,960 --> 00:23:52,320 Speaker 20: about this, what about three years ago when former President 495 00:23:52,359 --> 00:23:54,200 Speaker 20: Donald Trump said that he was going to have another 496 00:23:54,280 --> 00:23:57,280 Speaker 20: shot at getting back into the White House. What they're 497 00:23:57,320 --> 00:24:00,640 Speaker 20: looking at is you're actually operating on what he has 498 00:24:00,800 --> 00:24:03,280 Speaker 20: said rather than what he might do. So what the 499 00:24:03,400 --> 00:24:06,760 Speaker 20: EU had done already, that's set up a special task force. 500 00:24:06,800 --> 00:24:09,760 Speaker 20: They're calling it a rapid reaction force that will hit 501 00:24:09,840 --> 00:24:12,760 Speaker 20: the ground as soon as the winner is announced. They 502 00:24:12,880 --> 00:24:18,080 Speaker 20: do not expect any changes to wait until inauguration next year. 503 00:24:18,160 --> 00:24:21,800 Speaker 20: They're expecting that if Trump wins, these changes will happen 504 00:24:21,960 --> 00:24:24,800 Speaker 20: very quickly. So they've set up this task force. We're 505 00:24:24,840 --> 00:24:29,240 Speaker 20: already seeing ambassadors, We're seeing people from various countries coming 506 00:24:29,480 --> 00:24:33,000 Speaker 20: to Brussels to talk about what could happen. So essentially, 507 00:24:33,080 --> 00:24:37,479 Speaker 20: they're saying that they know that Trump will not defend NATO, 508 00:24:37,800 --> 00:24:41,600 Speaker 20: particularly what he described as delinquent NATO allies, that is, 509 00:24:41,720 --> 00:24:44,200 Speaker 20: those that don't pay enough into their coffers to pay 510 00:24:44,280 --> 00:24:47,520 Speaker 20: for their defense. They're also expecting if he does come 511 00:24:47,560 --> 00:24:50,200 Speaker 20: to power that there will be immediate across the board 512 00:24:50,280 --> 00:24:54,200 Speaker 20: tariffs of between ten and twenty percent on imports, so 513 00:24:54,480 --> 00:24:57,160 Speaker 20: that's what they're looking at. They're also having a very 514 00:24:57,200 --> 00:25:00,359 Speaker 20: close look at Trump's entourage who would come in, what 515 00:25:00,560 --> 00:25:04,040 Speaker 20: his policies would be on on defense. Also a lot 516 00:25:04,200 --> 00:25:06,320 Speaker 20: you know you're also seeing here in France. The French 517 00:25:06,320 --> 00:25:08,560 Speaker 20: Foreign Ministry is set up as special task force to 518 00:25:08,560 --> 00:25:10,520 Speaker 20: look at this as well, because I think one of 519 00:25:10,600 --> 00:25:15,840 Speaker 20: their concerns is Mike that Trump will exploit internal EU divisions, 520 00:25:15,840 --> 00:25:18,399 Speaker 20: perhaps start picking off certain countries because they know he 521 00:25:18,640 --> 00:25:22,800 Speaker 20: does prefer bilateral relations rather than relations with these big 522 00:25:22,840 --> 00:25:24,760 Speaker 20: groupings such as the European Union. 523 00:25:25,040 --> 00:25:27,399 Speaker 2: Rand insight, Well done, Catherine Ketch up next Tuesday. Appreciate 524 00:25:27,440 --> 00:25:30,600 Speaker 2: it very much. What you can say about Trump that's irrefutable, 525 00:25:30,640 --> 00:25:33,439 Speaker 2: of course, is that when he first became president, there 526 00:25:33,480 --> 00:25:35,560 Speaker 2: were a lot of countries with a NATO that weren't 527 00:25:35,560 --> 00:25:37,919 Speaker 2: paying their way. America pays over three percent of GDP, 528 00:25:38,640 --> 00:25:40,760 Speaker 2: whereas most of the countries didn't play the two percent 529 00:25:40,800 --> 00:25:42,840 Speaker 2: they said they would pay. And now if you look 530 00:25:42,880 --> 00:25:45,480 Speaker 2: at the number of countries paying the two percent plus. 531 00:25:46,280 --> 00:25:49,000 Speaker 2: As a direct result of his basically pointing the finger 532 00:25:49,080 --> 00:25:50,879 Speaker 2: and say pull it out and get on with it. 533 00:25:51,480 --> 00:25:53,480 Speaker 2: He can claim the victory in that department. I would 534 00:25:53,480 --> 00:25:55,080 Speaker 2: have thought turn away from seven. 535 00:25:56,240 --> 00:25:58,760 Speaker 1: Cost breakfast with Bailey's. 536 00:26:00,240 --> 00:26:03,360 Speaker 2: Mike, using your argument, might as well sell qubank altogether 537 00:26:03,400 --> 00:26:05,600 Speaker 2: and then simply mind about the Australian banks, Bruce. I 538 00:26:05,640 --> 00:26:07,359 Speaker 2: don't care whether you sell it or not, float it, 539 00:26:07,800 --> 00:26:10,040 Speaker 2: turn it upside down, spank it. I don't care what 540 00:26:10,440 --> 00:26:13,480 Speaker 2: the argument is that the banking system's broken. This is 541 00:26:13,520 --> 00:26:16,400 Speaker 2: what the government will tell you. It's broken. They're robber barons. 542 00:26:16,480 --> 00:26:20,359 Speaker 2: We're being fleeced to paraphrasemus ire don and I'm saying 543 00:26:20,480 --> 00:26:22,399 Speaker 2: I don't see any evidence of it. There are thirteen 544 00:26:22,440 --> 00:26:24,399 Speaker 2: commercial banks in this country and go borrow money from 545 00:26:24,480 --> 00:26:27,120 Speaker 2: How many do you want? Fourteen, sixteen, seventeen, fifteen? When 546 00:26:27,160 --> 00:26:29,320 Speaker 2: does the problem get solved? Supply and demand Mike, more 547 00:26:29,320 --> 00:26:31,840 Speaker 2: competition means better rates? No, it doesn't a according to 548 00:26:31,880 --> 00:26:33,320 Speaker 2: the government. I mean, we've got plenty of banks. I've 549 00:26:33,320 --> 00:26:35,480 Speaker 2: just told you thirteen banks. How many do you want 550 00:26:35,760 --> 00:26:38,920 Speaker 2: for the better rates? If you had fourteen? Material improved Mike, 551 00:26:39,000 --> 00:26:41,840 Speaker 2: banking problems are in the eye of the declinent. It's 552 00:26:41,880 --> 00:26:44,400 Speaker 2: probably something in that Mike, Qbank doesn't lend and operate 553 00:26:44,480 --> 00:26:46,640 Speaker 2: in the commercial market, which is risky but more lucrative. 554 00:26:47,040 --> 00:26:49,320 Speaker 2: Not an unfair point, Mike. Is it just me or 555 00:26:49,359 --> 00:26:51,280 Speaker 2: does some of the rhetoric emanating from Trump and his 556 00:26:51,359 --> 00:26:53,440 Speaker 2: campaign remind you of dyr Men in his prime. I 557 00:26:53,480 --> 00:26:55,760 Speaker 2: watched Mediicine Square Garden yesterday. I watched the report last 558 00:26:55,840 --> 00:26:59,080 Speaker 2: night on the television. I'm a reporter who queued for 559 00:26:59,160 --> 00:27:03,680 Speaker 2: four hours, queued for four hours to arrive eventually after 560 00:27:04,000 --> 00:27:06,800 Speaker 2: the four hours, three hours early, so that's seven hours gone, 561 00:27:07,160 --> 00:27:09,600 Speaker 2: and then watch the two hours of whatever you call 562 00:27:09,720 --> 00:27:13,359 Speaker 2: that ensue, So nine hours. Who's got nine hours? For 563 00:27:13,440 --> 00:27:16,640 Speaker 2: goodness sake? A Fox reporter I watched when it was incredible, 564 00:27:17,280 --> 00:27:20,200 Speaker 2: it was electric, and then the other reporter I watched 565 00:27:20,200 --> 00:27:22,520 Speaker 2: said the crowd started to turn out and was low energy. 566 00:27:22,560 --> 00:27:24,680 Speaker 2: So which was it was electrical? Was it low energy? 567 00:27:25,040 --> 00:27:31,400 Speaker 2: I found it unbelievably boring, just saying five minutes away 568 00:27:31,400 --> 00:27:34,520 Speaker 2: from seven, the ins and the outs. 569 00:27:34,800 --> 00:27:38,880 Speaker 1: It's the fears with business fiber take your business productivity 570 00:27:39,000 --> 00:27:39,880 Speaker 1: to the next level. 571 00:27:39,960 --> 00:27:43,320 Speaker 2: It was opened by Rudy Giuliani who's a crook, Elon's 572 00:27:43,359 --> 00:27:46,359 Speaker 2: an idiots and Donald Trump. I mean, Malanie was probably 573 00:27:46,400 --> 00:27:48,399 Speaker 2: the highlight. And what she's doing with him, I got 574 00:27:48,440 --> 00:27:52,160 Speaker 2: no idea. The NFL is counting its popularity at the moment, 575 00:27:52,240 --> 00:27:54,919 Speaker 2: like so many American sports, They've got a new streaming partner. 576 00:27:55,359 --> 00:27:59,760 Speaker 2: It's an immersive technology company called COSM. They broadcast live 577 00:28:00,040 --> 00:28:03,399 Speaker 2: events using what they call shared reality. So they use 578 00:28:03,440 --> 00:28:08,400 Speaker 2: a three sixty degree dome, giant twelve k led screens 579 00:28:08,480 --> 00:28:10,800 Speaker 2: to make it feel like you are in the stands 580 00:28:10,880 --> 00:28:14,280 Speaker 2: watching the game. So each venue seats about seven hundred. 581 00:28:14,640 --> 00:28:16,840 Speaker 2: Tickets start at twenty two for the back one twenty 582 00:28:16,920 --> 00:28:19,679 Speaker 2: seven for the front row. They do it with college 583 00:28:19,720 --> 00:28:22,000 Speaker 2: games a lot of premier football as well. Deal means 584 00:28:22,000 --> 00:28:24,119 Speaker 2: they'll be able to broadcast all the Thursday night football 585 00:28:24,160 --> 00:28:26,879 Speaker 2: games on Amazon, the Sunday night games on NBC, some 586 00:28:27,040 --> 00:28:28,679 Speaker 2: of the games on Fox, and every game Monday Night 587 00:28:28,680 --> 00:28:32,920 Speaker 2: football on ESPN. Earlier this year, COSM raised a quarter 588 00:28:32,960 --> 00:28:35,679 Speaker 2: of the billion to expand and one of the fastest 589 00:28:35,720 --> 00:28:38,600 Speaker 2: growing broadcast partners, with deals already with the NBA, the UFC, 590 00:28:38,720 --> 00:28:43,040 Speaker 2: the ESPN, NBC, TNT, Fox, and Amazon. They've also got 591 00:28:43,080 --> 00:28:46,080 Speaker 2: some exclusive rights to the Olympics. So investors say they're 592 00:28:46,120 --> 00:28:48,440 Speaker 2: going to be the number two places to go for 593 00:28:49,160 --> 00:28:53,240 Speaker 2: for a sport event beside the venue itself. It's that real. 594 00:28:54,120 --> 00:28:56,200 Speaker 2: You believe it's that real? Or just because they tell 595 00:28:56,240 --> 00:28:58,600 Speaker 2: you it's real. Is the banking system broken or have 596 00:28:58,680 --> 00:29:00,600 Speaker 2: they just told you it's broken? We got some new 597 00:29:00,680 --> 00:29:03,280 Speaker 2: numbers around health, lads and the commentary box after rights. 598 00:29:03,320 --> 00:29:05,520 Speaker 2: Speaking of sport, by the way, my highlight of the 599 00:29:05,560 --> 00:29:08,360 Speaker 2: weekend last week in how we were waxing lyrical about 600 00:29:08,400 --> 00:29:10,920 Speaker 2: how it was the greatest sporting weekend ever. I think 601 00:29:10,960 --> 00:29:14,959 Speaker 2: this weekend beat it and beat it by some considerable margin. 602 00:29:15,640 --> 00:29:20,760 Speaker 2: And my favorite sporting moment, I was just fizzling with 603 00:29:20,920 --> 00:29:24,440 Speaker 2: excitement because it had never happened in the history of 604 00:29:24,520 --> 00:29:27,480 Speaker 2: the event ever, So history was literally made in front 605 00:29:27,520 --> 00:29:29,400 Speaker 2: of my eyes while I was watching it live. It 606 00:29:29,520 --> 00:29:32,480 Speaker 2: was incredible. Anyway, more later Health Crunch a few numbers 607 00:29:32,520 --> 00:29:35,280 Speaker 2: for you. The numbers around health are just either eyewatering, 608 00:29:35,400 --> 00:29:40,560 Speaker 2: order pressing, or both. Shane Rettick is next the Breakfast. 609 00:29:40,200 --> 00:29:44,320 Speaker 1: Show You Can Trust The Mic Hosking Breakfast with Bailey's 610 00:29:44,360 --> 00:29:48,400 Speaker 1: Real Estate your local experts across residential, commercial and rural 611 00:29:48,520 --> 00:29:49,640 Speaker 1: news togsad. 612 00:29:49,240 --> 00:29:51,320 Speaker 2: Be bullying seven past seven. So it's some fascinating new 613 00:29:51,400 --> 00:29:53,800 Speaker 2: numbers for you this morning to explain just how Gargantu 614 00:29:53,920 --> 00:29:57,520 Speaker 2: and our health services Health New Zealand employees eighty two thousand, 615 00:29:57,680 --> 00:30:01,160 Speaker 2: eight hundred full time equivalent stuff. That's one point five 616 00:30:01,200 --> 00:30:04,920 Speaker 2: percent of the entire population. One on every thirty members 617 00:30:05,000 --> 00:30:08,200 Speaker 2: of the workforce in this country works for health. The 618 00:30:08,320 --> 00:30:10,880 Speaker 2: cost of all that's thirty billion. Big question Treasury is 619 00:30:10,880 --> 00:30:13,520 Speaker 2: trying to answer is is it funded adequately? The Health 620 00:30:13,560 --> 00:30:15,680 Speaker 2: Minister Shame retties with us on the Shame morning to you. 621 00:30:16,520 --> 00:30:17,680 Speaker 9: Yeah, money mate, now much. 622 00:30:17,880 --> 00:30:19,800 Speaker 2: I think that line from the Prime Minister a couple 623 00:30:19,840 --> 00:30:22,200 Speaker 2: of months ago, thirty billion is enough. Do you stand 624 00:30:22,280 --> 00:30:22,520 Speaker 2: by that? 625 00:30:23,960 --> 00:30:26,840 Speaker 9: You so do, as you've heard from the commissioner. It's 626 00:30:27,080 --> 00:30:29,920 Speaker 9: just that we're funded enough, we're just not spending it well. 627 00:30:30,040 --> 00:30:32,240 Speaker 9: I mean put that in context. Every health system in 628 00:30:32,280 --> 00:30:34,440 Speaker 9: the world would like to have more funding, as would 629 00:30:34,480 --> 00:30:36,640 Speaker 9: I but for the key services we need to deliver, 630 00:30:36,760 --> 00:30:39,600 Speaker 9: as you correctly pointed out, for the biggest organization in 631 00:30:39,640 --> 00:30:42,120 Speaker 9: New Zealand, probably one of the top six between Australia 632 00:30:42,160 --> 00:30:45,240 Speaker 9: and New Zealand, it's a big organization and so thirty 633 00:30:45,320 --> 00:30:47,400 Speaker 9: billion will help those deliver cour services. 634 00:30:47,600 --> 00:30:50,360 Speaker 2: Is it so Gargantua and Nolan's quite got a handle 635 00:30:50,480 --> 00:30:51,560 Speaker 2: on its totality. 636 00:30:52,360 --> 00:30:54,160 Speaker 9: Oh, that's a very good point, and I think the 637 00:30:54,240 --> 00:30:56,840 Speaker 9: answer that would be yes, that's what happens when you 638 00:30:56,960 --> 00:31:00,680 Speaker 9: throw twenty DHBs together on short notice in the middle 639 00:31:00,720 --> 00:31:02,360 Speaker 9: of the pandemic. How did we think that was going 640 00:31:02,400 --> 00:31:04,840 Speaker 9: to play out? You know, that's the structure we've got. That, 641 00:31:05,000 --> 00:31:06,440 Speaker 9: that's the cards we've got. We've just got to play 642 00:31:06,480 --> 00:31:09,120 Speaker 9: them really well. But yes, it is a big entity. 643 00:31:09,440 --> 00:31:11,200 Speaker 2: And when you look at the size of the entity 644 00:31:11,360 --> 00:31:14,360 Speaker 2: serving five million people, does it seem too big? 645 00:31:16,800 --> 00:31:18,760 Speaker 9: Look, that's something that as you'll be aware of, the 646 00:31:18,840 --> 00:31:21,479 Speaker 9: Commissioner's working on with the statements we've made around how 647 00:31:21,520 --> 00:31:25,000 Speaker 9: we're going to get back to fiscal stability, around reducing 648 00:31:25,080 --> 00:31:28,160 Speaker 9: some of that back office because it is just too big. 649 00:31:29,360 --> 00:31:32,000 Speaker 9: I think after that would be a yes, it probably 650 00:31:32,160 --> 00:31:34,080 Speaker 9: is too big, but we've probably had people in the 651 00:31:34,080 --> 00:31:36,920 Speaker 9: wrong places our front line. Clearly, we've got some vacancies 652 00:31:36,960 --> 00:31:38,960 Speaker 9: we need to fill, and we have some positions in 653 00:31:39,000 --> 00:31:39,800 Speaker 9: the back office that we. 654 00:31:39,840 --> 00:31:40,640 Speaker 21: May not need so much. 655 00:31:40,920 --> 00:31:43,440 Speaker 2: The Treasury suggest it could cost us ten percent of 656 00:31:43,520 --> 00:31:46,280 Speaker 2: GDP by twenty sixty one Is that too much? 657 00:31:46,480 --> 00:31:50,280 Speaker 9: Is that a worry again in that context that you 658 00:31:50,320 --> 00:31:51,960 Speaker 9: could fill health with as much as you'd like to 659 00:31:52,000 --> 00:31:57,480 Speaker 9: give it. We want to be wise users of taxpayers money. 660 00:31:57,720 --> 00:31:59,880 Speaker 9: If we look at where we position in the OECD 661 00:32:00,160 --> 00:32:02,920 Speaker 9: for the amount we spend on GDP, we generally sit 662 00:32:02,960 --> 00:32:04,640 Speaker 9: in the middle. We box above our weight. 663 00:32:05,120 --> 00:32:07,720 Speaker 2: But of course you'd always like more this Treasury stuff. 664 00:32:07,760 --> 00:32:10,520 Speaker 2: I'm reading this morning's top down, bottom up? Do we 665 00:32:10,600 --> 00:32:13,160 Speaker 2: trust Treasury? The Treasury actually know what they're doing or 666 00:32:13,200 --> 00:32:15,120 Speaker 2: we're just just throwing darts boards here? 667 00:32:16,240 --> 00:32:20,160 Speaker 9: Oh, Treasury are very detailed, particularly around budget time, very 668 00:32:20,280 --> 00:32:24,000 Speaker 9: detailed around what postings might be if they start a 669 00:32:24,080 --> 00:32:26,960 Speaker 9: year out, if not further. And so the bottom up 670 00:32:27,080 --> 00:32:30,240 Speaker 9: was Health New Zealand approximation and the top down was 671 00:32:30,360 --> 00:32:33,800 Speaker 9: Treasury's approximation and it adds with most budgets this summer 672 00:32:33,840 --> 00:32:34,720 Speaker 9: meeting in the middle. 673 00:32:35,120 --> 00:32:37,840 Speaker 2: All right, appreciate time, Shane Retty. Here's the Health minister. 674 00:32:38,520 --> 00:32:40,760 Speaker 2: The details are the final details. There's some very good 675 00:32:40,800 --> 00:32:43,520 Speaker 2: work done by Thomas Coglin in The Herald this morning 676 00:32:43,520 --> 00:32:44,640 Speaker 2: if you want to watch. But I mean some of 677 00:32:44,680 --> 00:32:47,120 Speaker 2: these numbers, I mean thirty billion one in thirty seven, 678 00:32:47,160 --> 00:32:48,960 Speaker 2: you know, one point five percent of the entire population 679 00:32:49,080 --> 00:32:52,480 Speaker 2: eighty three thousand. It's a city. It's a city, and 680 00:32:52,560 --> 00:32:55,760 Speaker 2: a reasonable size city of people who work for health 681 00:32:55,800 --> 00:32:57,520 Speaker 2: in New Zealand. And still we sit there going, oh, 682 00:32:57,560 --> 00:32:59,840 Speaker 2: you can't get access to what doctor ten past seven 683 00:33:00,640 --> 00:33:02,840 Speaker 2: from the Good Ideas Department. The suggestion over the weekend 684 00:33:02,840 --> 00:33:05,200 Speaker 2: from Shane Jones not less that Singapore wants in on 685 00:33:05,280 --> 00:33:07,960 Speaker 2: some of our foreign investment for infrastructure. We want their money, 686 00:33:08,160 --> 00:33:11,520 Speaker 2: they want our food security. Seems simple. Queen City Laws. 687 00:33:11,600 --> 00:33:14,800 Speaker 2: Marcus Beveridge specializes in foreign investment and he's well, this Marcus, 688 00:33:14,880 --> 00:33:18,200 Speaker 2: morning to you mining make has it hanging very well. 689 00:33:18,320 --> 00:33:20,360 Speaker 2: I was a little bit surprised about all of this, 690 00:33:20,440 --> 00:33:23,040 Speaker 2: and I thought we were close with Singapore. They're an 691 00:33:23,080 --> 00:33:25,400 Speaker 2: entrepreneurial sort of city. They've got to carve out with 692 00:33:25,480 --> 00:33:27,320 Speaker 2: a foreign investment. I would have thought we'd be into 693 00:33:27,360 --> 00:33:30,280 Speaker 2: this already sort of floated as a new idea. Seems 694 00:33:30,360 --> 00:33:30,840 Speaker 2: weird to me. 695 00:33:32,280 --> 00:33:35,240 Speaker 5: Well, what about the exquisite irony of Shane and Winston 696 00:33:35,320 --> 00:33:38,160 Speaker 5: out there promoting this when they're the sort of reds 697 00:33:38,200 --> 00:33:40,680 Speaker 5: under your beds and Japanese submarines and the harbor guys. 698 00:33:40,760 --> 00:33:45,600 Speaker 5: I mean, look, fantastic idea. The Singaporeans have been big 699 00:33:45,640 --> 00:33:48,520 Speaker 5: players in our commercial property market for a long time, 700 00:33:48,640 --> 00:33:53,040 Speaker 5: but getting them to invest into our infrastructure is a 701 00:33:53,160 --> 00:33:54,680 Speaker 5: novel and really good idea. 702 00:33:54,880 --> 00:33:57,240 Speaker 21: But whether we can pull it off or not, I'm 703 00:33:57,280 --> 00:33:58,000 Speaker 21: not so sure. 704 00:33:58,480 --> 00:33:58,960 Speaker 2: What would do. 705 00:34:00,960 --> 00:34:01,120 Speaker 14: Well. 706 00:34:01,320 --> 00:34:03,360 Speaker 5: Thirty years ago we tried to get to Mussak, the 707 00:34:03,440 --> 00:34:06,719 Speaker 5: investment arm of their government, to invest in an internationally 708 00:34:06,760 --> 00:34:10,879 Speaker 5: important Taupo, which sounded like a great idea at the time, 709 00:34:10,920 --> 00:34:14,000 Speaker 5: but it didn't really happen. I think the problem is 710 00:34:14,440 --> 00:34:19,280 Speaker 5: reputationally at the moment, despite our regulatory framework being probably 711 00:34:19,680 --> 00:34:28,920 Speaker 5: considered attractive, we're not seen as a positive jurisdiction to invest. 712 00:34:28,680 --> 00:34:29,319 Speaker 21: In at the moment. 713 00:34:29,680 --> 00:34:32,640 Speaker 2: Wouldn't that be changing given that Peters is out there 714 00:34:32,719 --> 00:34:35,600 Speaker 2: every second day beating the drama and Luxin is not 715 00:34:35,680 --> 00:34:36,359 Speaker 2: far behind him. 716 00:34:37,600 --> 00:34:40,880 Speaker 5: Our hats off to Winston for doing that. But I 717 00:34:40,960 --> 00:34:43,640 Speaker 5: think we're sort of seen as the lawless West at 718 00:34:43,680 --> 00:34:45,960 Speaker 5: the moment. There's not so much the Aussie criminals. It's 719 00:34:45,960 --> 00:34:50,200 Speaker 5: probably more the Kiwi criminals. We've we've also with immigration, 720 00:34:50,280 --> 00:34:54,120 Speaker 5: we've damaged some relationships there. We had a client who 721 00:34:54,160 --> 00:34:57,040 Speaker 5: has two hundred and fifty million dollars worth of hotels here, employees, 722 00:34:57,480 --> 00:35:01,920 Speaker 5: five hundred kiwis and just he was decked around by 723 00:35:02,120 --> 00:35:07,319 Speaker 5: bureaucrats and Wellington and pulled the plug. So, I mean, 724 00:35:07,400 --> 00:35:09,200 Speaker 5: it's a great idea they've got. I was trying to 725 00:35:09,239 --> 00:35:12,280 Speaker 5: work out what their investment fund is. It actually equates 726 00:35:12,320 --> 00:35:15,800 Speaker 5: for about five hundred thousand million New Zealand dollars, but 727 00:35:17,760 --> 00:35:21,799 Speaker 5: they're shrewd investors and I don't know. I mean, if 728 00:35:21,840 --> 00:35:25,080 Speaker 5: you look at the underground railway, it should have taken 729 00:35:25,120 --> 00:35:27,080 Speaker 5: two years and cost two billion dollars and it's sort 730 00:35:27,120 --> 00:35:30,160 Speaker 5: of ten years later and getting close to ten billion. 731 00:35:30,200 --> 00:35:32,800 Speaker 5: I think, Leekon you would be turning in his grave. 732 00:35:32,960 --> 00:35:34,600 Speaker 2: Yeah, no, that's a very good point. So what you're 733 00:35:34,600 --> 00:35:36,520 Speaker 2: saying is one you need to get across the hurdle 734 00:35:36,600 --> 00:35:39,440 Speaker 2: reputational damage. If you get across that hurdle, you then 735 00:35:39,480 --> 00:35:41,439 Speaker 2: put your money into the country to watch a bunch 736 00:35:41,480 --> 00:35:44,440 Speaker 2: of road cones hold up everything and blow out at 737 00:35:44,480 --> 00:35:46,360 Speaker 2: twice the price. So we've got to fix that as well. 738 00:35:47,320 --> 00:35:48,480 Speaker 13: Well, see it. I mean that's it. 739 00:35:48,680 --> 00:35:53,120 Speaker 5: And yeah, so that whole governance around projects and how 740 00:35:53,160 --> 00:35:57,600 Speaker 5: we get stuff done efficiently. Yeah, it's you know, they're 741 00:35:57,640 --> 00:36:01,880 Speaker 5: not stupid and so yeah, there's a real politic thing 742 00:36:01,960 --> 00:36:04,120 Speaker 5: to deal with there. But the idea that Shane Jones 743 00:36:04,120 --> 00:36:05,160 Speaker 5: has is a great idea. 744 00:36:05,280 --> 00:36:07,319 Speaker 2: Yes, it is all right, Marcus, appreciate the insight. We'll 745 00:36:07,320 --> 00:36:09,480 Speaker 2: talk to the Prime Minister about it shortly. Marcus Beverage, 746 00:36:09,680 --> 00:36:12,640 Speaker 2: who's with Queen City Law. Mike, you didn't answer the 747 00:36:12,719 --> 00:36:16,399 Speaker 2: question how's it hanging. It's hanging as it always does. 748 00:36:16,719 --> 00:36:19,520 Speaker 2: Thirteen past seven, Paski, Mike, if it was cosm you 749 00:36:19,600 --> 00:36:22,320 Speaker 2: were talking about. My friends just watched Arsenal v. Liverpool 750 00:36:22,480 --> 00:36:25,360 Speaker 2: in Fort Worth, Dallas. So there you go. That's what 751 00:36:25,880 --> 00:36:28,080 Speaker 2: That's what they're into. The population. By the way, new 752 00:36:28,120 --> 00:36:31,359 Speaker 2: stats out on Friday from the Stats Department of all 753 00:36:31,440 --> 00:36:34,080 Speaker 2: the people coming to the country, of which there were 754 00:36:34,120 --> 00:36:37,560 Speaker 2: ninety three thousand, five hundred and increasing the population, half 755 00:36:37,600 --> 00:36:40,120 Speaker 2: of them park themselves in Auckland. So the gap between 756 00:36:40,239 --> 00:36:42,360 Speaker 2: Auckland and the rest of the country in terms of 757 00:36:42,440 --> 00:36:47,200 Speaker 2: population growth is continuing to grow. So ninety three thousand arrived, 758 00:36:47,640 --> 00:36:50,160 Speaker 2: spread themselves around the country, but forty four of those 759 00:36:50,280 --> 00:36:54,040 Speaker 2: ninety three parked themselves in Auckland. Why Kato's second strongest 760 00:36:54,080 --> 00:36:58,040 Speaker 2: growth region in the country, are Nelson the slowest. Fourteen past. 761 00:37:00,280 --> 00:37:04,640 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 762 00:37:04,719 --> 00:37:05,760 Speaker 1: by News Talks at. 763 00:37:05,640 --> 00:37:08,480 Speaker 2: B Prime inter selection with us after seven thirty seventeen 764 00:37:08,480 --> 00:37:11,080 Speaker 2: past seven other chapter in the evolving AI story, We've 765 00:37:11,080 --> 00:37:14,239 Speaker 2: got new research that suggests E waste could increase a 766 00:37:14,480 --> 00:37:17,279 Speaker 2: thousand times in five years. This is a study from 767 00:37:17,400 --> 00:37:21,840 Speaker 2: Nature Computational Science blames AI. Hardware becomes increasingly worthless, creating 768 00:37:21,880 --> 00:37:24,840 Speaker 2: as many as five million tons of the stuff. Ecotechnology 769 00:37:24,920 --> 00:37:27,680 Speaker 2: is a key we E waste recycle FIRMA. It's Bissus, 770 00:37:27,680 --> 00:37:29,160 Speaker 2: Patrick Moyner and who's with us? Mine? 771 00:37:29,360 --> 00:37:30,080 Speaker 17: Good morning, Mike. 772 00:37:31,440 --> 00:37:33,640 Speaker 2: No worries at all the numbers they talk of a 773 00:37:33,719 --> 00:37:37,200 Speaker 2: thousand times increase AI. Do any of this? Does any 774 00:37:37,239 --> 00:37:38,840 Speaker 2: of this sound real or accurate? 775 00:37:40,320 --> 00:37:44,480 Speaker 17: There's a few parts of us, Mike. So general electronic 776 00:37:44,640 --> 00:37:48,240 Speaker 17: waste now that's growing at sort of twelve thirteen percent 777 00:37:48,360 --> 00:37:54,920 Speaker 17: aggregated compounding growth per year. But to do with generative AI. 778 00:37:55,600 --> 00:37:58,120 Speaker 17: Potentially that has the opportunity to grow by a thousand 779 00:37:58,200 --> 00:37:58,799 Speaker 17: times And. 780 00:37:58,840 --> 00:38:00,840 Speaker 2: What if they're right? What are we going to do 781 00:38:00,880 --> 00:38:01,239 Speaker 2: about that? 782 00:38:04,160 --> 00:38:08,320 Speaker 17: Well, businesses like ours, like echo gear it up to 783 00:38:08,640 --> 00:38:14,160 Speaker 17: be able to receive, process and recycle or find the 784 00:38:14,280 --> 00:38:17,600 Speaker 17: partners to recycle and recover this kind of material. But 785 00:38:17,719 --> 00:38:22,520 Speaker 17: it is growing at an absolute greater Nott, would you. 786 00:38:23,120 --> 00:38:25,759 Speaker 2: At the stage describe the industry as being able to 787 00:38:25,800 --> 00:38:27,800 Speaker 2: deal with what you deal with and therefore you'll be 788 00:38:27,840 --> 00:38:28,960 Speaker 2: able to scale up or not. 789 00:38:30,840 --> 00:38:34,759 Speaker 17: Internationally, there's a number of businesses that have fit their 790 00:38:34,960 --> 00:38:39,560 Speaker 17: model to kind of meet the demand of this kind 791 00:38:39,600 --> 00:38:43,279 Speaker 17: of material, But you're dealing with these absolute juggernauts of 792 00:38:43,680 --> 00:38:48,640 Speaker 17: businesses like Nevada. They just as of yesterday became the 793 00:38:48,719 --> 00:38:53,839 Speaker 17: most valuable business in the world. So it's people can 794 00:38:54,000 --> 00:38:56,080 Speaker 17: deal with it, but it's it is a little bit 795 00:38:56,120 --> 00:38:59,279 Speaker 17: of a hand in glob situation and so kind of 796 00:38:59,320 --> 00:39:03,160 Speaker 17: continue to fight the battle. Figure out how to process 797 00:39:03,200 --> 00:39:04,640 Speaker 17: this kind of material, what sort. 798 00:39:04,520 --> 00:39:07,680 Speaker 2: Of model these commercial models? In other words, you can 799 00:39:07,760 --> 00:39:09,799 Speaker 2: make money out of doing this or does it need 800 00:39:09,880 --> 00:39:10,719 Speaker 2: to be subsidized? 801 00:39:11,840 --> 00:39:18,440 Speaker 17: This in particular to do with generative artificial and intelligence 802 00:39:18,440 --> 00:39:24,399 Speaker 17: and say AI is a higher value material, so it's 803 00:39:24,480 --> 00:39:28,960 Speaker 17: graphics processes, CPUs, power supplies and things. So there is 804 00:39:29,320 --> 00:39:35,600 Speaker 17: money money from the material, but general awaye televisions, appliances, 805 00:39:36,440 --> 00:39:40,520 Speaker 17: that sort of thing. It's usually a cost to the consumer. 806 00:39:40,239 --> 00:39:43,359 Speaker 2: All right, Patrick appreciator Patrick Moyner and Echo Technology. See 807 00:39:43,640 --> 00:39:46,880 Speaker 2: there's a new Zealand startup that's based themselves in America 808 00:39:47,320 --> 00:39:51,920 Speaker 2: called lists Assist. Speaking of AI, it's an AI tool 809 00:39:52,239 --> 00:39:56,040 Speaker 2: natural language queries on housing. So you go, hey, AI, 810 00:39:56,320 --> 00:39:58,440 Speaker 2: I'd like to find all the houses that have four 811 00:39:58,480 --> 00:40:01,840 Speaker 2: bedrooms three bathrooms, live around the corner from the dairy 812 00:40:02,000 --> 00:40:04,160 Speaker 2: and within three hundred meters of a school, and it 813 00:40:04,200 --> 00:40:07,000 Speaker 2: will go bing bing bing bing bing. Now, there's a 814 00:40:07,120 --> 00:40:09,600 Speaker 2: massive problem with this that no one seems to have 815 00:40:09,680 --> 00:40:11,680 Speaker 2: thought of. But I'll have more shortly seven twenty. 816 00:40:13,520 --> 00:40:18,280 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio Power 817 00:40:18,400 --> 00:40:19,200 Speaker 1: by News Talk. 818 00:40:19,120 --> 00:40:21,879 Speaker 2: Sp Well, if you're a business leader, you're always looking 819 00:40:21,920 --> 00:40:24,880 Speaker 2: for new innovative ideas and ways to make better business decisions, 820 00:40:24,920 --> 00:40:27,040 Speaker 2: aren't you? So how can you help your team think 821 00:40:27,080 --> 00:40:29,200 Speaker 2: of new innovative ideas? How can you help them make 822 00:40:29,239 --> 00:40:32,200 Speaker 2: better decisions? One way is to harness the AI, of course, 823 00:40:32,440 --> 00:40:35,960 Speaker 2: but how do you access AI safely and securely? So 824 00:40:36,080 --> 00:40:38,120 Speaker 2: how can you be sure that your new ideas and 825 00:40:38,239 --> 00:40:40,480 Speaker 2: decisions won't leak with AI? So this is where one 826 00:40:40,520 --> 00:40:42,960 Speaker 2: Net's got the answers. One nets syst company grizzly Ai. 827 00:40:43,560 --> 00:40:45,400 Speaker 2: They've gone and built the safe and secure path or 828 00:40:45,440 --> 00:40:48,000 Speaker 2: risk averse businesses to access generative AI. So it's a 829 00:40:48,040 --> 00:40:50,399 Speaker 2: low touch software works right out of the box, great 830 00:40:50,480 --> 00:40:53,560 Speaker 2: user experience, no integrations, no training, no delays in getting started. 831 00:40:53,880 --> 00:40:55,279 Speaker 2: So if you need to make a property, here's where 832 00:40:55,280 --> 00:40:57,560 Speaker 2: you go. One net, dot co dot n z They've 833 00:40:57,560 --> 00:40:59,839 Speaker 2: got a free seven day trial of grizzly Ai. Down 834 00:41:00,000 --> 00:41:02,279 Speaker 2: Load the white papers how grizzly ai can help you 835 00:41:02,400 --> 00:41:05,120 Speaker 2: make better business decisions and the other one is how 836 00:41:05,200 --> 00:41:08,240 Speaker 2: grizzly ai can help you come up with more innovative ideas. 837 00:41:08,520 --> 00:41:11,719 Speaker 2: So this is one Net. It's grizzly Ai. They are 838 00:41:11,800 --> 00:41:15,479 Speaker 2: innovation leaders since the year two thousand, Bosking Rodo seven 839 00:41:15,480 --> 00:41:18,200 Speaker 2: twenty three. Part of our long weekend was spent buying 840 00:41:18,239 --> 00:41:21,840 Speaker 2: three presents for three teachers that our youngest deemed necessary 841 00:41:21,880 --> 00:41:24,239 Speaker 2: to thank them for the work and energy that they 842 00:41:24,360 --> 00:41:27,600 Speaker 2: put into her final year at school. And buying teachers 843 00:41:27,640 --> 00:41:29,319 Speaker 2: gifts has become a little bit of a thing. If 844 00:41:29,360 --> 00:41:31,880 Speaker 2: you didn't realize this and our experience of modern schooling, 845 00:41:31,960 --> 00:41:35,240 Speaker 2: I mean I didn't buy my teacher teachers a present. 846 00:41:35,280 --> 00:41:37,600 Speaker 2: I don't remember anyone else doing it either. Chocolates and 847 00:41:37,680 --> 00:41:40,000 Speaker 2: bottles of wine seemed to be the go to these days. 848 00:41:40,040 --> 00:41:41,920 Speaker 2: The worst example I've witnessed over the years was a 849 00:41:41,960 --> 00:41:45,240 Speaker 2: teacher telling her class how excited she was to receive 850 00:41:45,360 --> 00:41:48,959 Speaker 2: all her gifts later on that weekend. Not to forget obligations. 851 00:41:49,000 --> 00:41:51,920 Speaker 2: One thing deserving of it is entirely another. So in 852 00:41:52,000 --> 00:41:54,320 Speaker 2: the three cards, our daughter explains just what it is 853 00:41:54,400 --> 00:41:57,239 Speaker 2: the teachers have contributed to her final year, and in 854 00:41:57,360 --> 00:41:59,799 Speaker 2: those words is the reminder that there are those who 855 00:41:59,840 --> 00:42:02,560 Speaker 2: make difference in our education systems. See for all the 856 00:42:02,600 --> 00:42:05,480 Speaker 2: coverage that schooling gets, most of it isn't good the 857 00:42:05,560 --> 00:42:07,600 Speaker 2: kids who don't turn up, the kids that do and fail, 858 00:42:07,680 --> 00:42:09,600 Speaker 2: the teachers. It can't be bothered, the results that shock 859 00:42:09,680 --> 00:42:11,920 Speaker 2: us all. But like so much of the news, sadly, 860 00:42:12,360 --> 00:42:14,719 Speaker 2: it doesn't paint the true picture or anywhere close to it. 861 00:42:15,040 --> 00:42:17,800 Speaker 2: Unlike the headlines. For example, most kids are actually fine 862 00:42:18,040 --> 00:42:20,400 Speaker 2: and they do well, And amid the myriad of teachers 863 00:42:20,480 --> 00:42:22,759 Speaker 2: on strike or unionized and miserable are the ones that 864 00:42:22,960 --> 00:42:25,520 Speaker 2: love what they do and make a real difference to 865 00:42:25,600 --> 00:42:28,239 Speaker 2: young people's lives. Now I'm not sure if it's representative, 866 00:42:28,680 --> 00:42:31,160 Speaker 2: but in our case, all three teachers are young women 867 00:42:31,480 --> 00:42:34,680 Speaker 2: about the same age, maybe late twenties, early thirties, experienced 868 00:42:34,800 --> 00:42:36,320 Speaker 2: enough to have a handle on what they're doing, but 869 00:42:36,440 --> 00:42:39,600 Speaker 2: not too experienced to have become jaded. They are loved 870 00:42:40,040 --> 00:42:42,319 Speaker 2: not just by our daughter, but all the students whose 871 00:42:42,400 --> 00:42:46,320 Speaker 2: lives they touch. Our daughter can very clearly articulate just 872 00:42:46,520 --> 00:42:49,000 Speaker 2: how she has benefited by having them in her life 873 00:42:49,040 --> 00:42:53,800 Speaker 2: and education. They're all enthusiastic, they're all available above and beyond. 874 00:42:54,120 --> 00:42:58,400 Speaker 2: They all have tangibly improved the outcome of their students. Basically, 875 00:42:58,840 --> 00:43:02,120 Speaker 2: they are rock stars, and they are a reminder that, 876 00:43:02,360 --> 00:43:04,440 Speaker 2: like so much in life, the bad news is but 877 00:43:04,600 --> 00:43:08,799 Speaker 2: a small portion of the real story. Asking now there's 878 00:43:08,800 --> 00:43:11,680 Speaker 2: business of AI with this company. Look, I list assist. 879 00:43:11,800 --> 00:43:14,320 Speaker 2: I wish them well. The reason they're based here, but 880 00:43:14,400 --> 00:43:16,040 Speaker 2: they're going to America is of course, if you look 881 00:43:16,040 --> 00:43:19,520 Speaker 2: at the number of houses in America. But here's the difference. 882 00:43:19,680 --> 00:43:23,440 Speaker 2: So what they're saying is just say it and the 883 00:43:23,560 --> 00:43:25,839 Speaker 2: AI will find it for you. So instead of going 884 00:43:25,880 --> 00:43:29,520 Speaker 2: to one roof and typing in three bedrooms two bathrooms, 885 00:43:30,360 --> 00:43:32,839 Speaker 2: you know, price between one million and one point three 886 00:43:32,920 --> 00:43:37,040 Speaker 2: million and go search. You just say that and it 887 00:43:37,080 --> 00:43:40,080 Speaker 2: will solve a problem for you. The obvious extension to 888 00:43:40,200 --> 00:43:43,640 Speaker 2: me for AI would be that you can basically bespoke 889 00:43:43,719 --> 00:43:47,440 Speaker 2: your house. But the problem with bespoking your house is 890 00:43:48,040 --> 00:43:49,719 Speaker 2: and a lot of people aren't seem to have work 891 00:43:49,800 --> 00:43:53,480 Speaker 2: this out yet. AI is only as good as the 892 00:43:53,600 --> 00:43:57,359 Speaker 2: information at control, and if the information at control isn't 893 00:43:57,400 --> 00:44:00,160 Speaker 2: that good, then its response is never going to be 894 00:44:00,239 --> 00:44:02,480 Speaker 2: any better than it is, so you're never going to 895 00:44:02,520 --> 00:44:05,160 Speaker 2: be able to go I'd like all blue houses with 896 00:44:05,320 --> 00:44:08,719 Speaker 2: four bedrooms, three bathrooms, three hundred meters or less from 897 00:44:08,719 --> 00:44:11,360 Speaker 2: a school with at least half of those bathrooms with 898 00:44:11,480 --> 00:44:15,080 Speaker 2: gold taps, one bath tub, and a range shark head. 899 00:44:15,200 --> 00:44:17,560 Speaker 2: Because of it less, of course, the real estate agent 900 00:44:18,160 --> 00:44:22,240 Speaker 2: has tagged that information specifically in each and every listing 901 00:44:22,320 --> 00:44:25,680 Speaker 2: that they do, which they are never going to. Therefore 902 00:44:25,760 --> 00:44:28,839 Speaker 2: AI will never know it's there. Therefore AI will never 903 00:44:28,920 --> 00:44:32,920 Speaker 2: be smart enough, sharp enough to get the listings and 904 00:44:33,000 --> 00:44:34,960 Speaker 2: the details in which you need. And no one seems 905 00:44:35,000 --> 00:44:38,480 Speaker 2: to understand that. But it's just another version of what 906 00:44:38,640 --> 00:44:40,920 Speaker 2: we already have. We somehow think it's going to just 907 00:44:41,200 --> 00:44:44,320 Speaker 2: change the world, and I suppose in certain areas it 908 00:44:44,360 --> 00:44:46,600 Speaker 2: may well or at least has the potential to do so. 909 00:44:47,040 --> 00:44:50,880 Speaker 2: But in basic applications like this, unless you feed it 910 00:44:50,960 --> 00:44:54,440 Speaker 2: appropriately in the first place, it will never regurgitate what 911 00:44:54,600 --> 00:44:57,560 Speaker 2: it doesn't have. And it's not bright enough, nor will 912 00:44:57,600 --> 00:45:00,920 Speaker 2: it ever be bright enough to invent the regurgitation. And 913 00:45:01,040 --> 00:45:05,600 Speaker 2: second guess you as humans all with it. And I 914 00:45:05,680 --> 00:45:09,080 Speaker 2: suppose that is the quandary, isn't it? Prime Minister's next. 915 00:45:10,600 --> 00:45:15,960 Speaker 1: Big News Bold Opinions the Mic Hosking Breakfast with al Vida, 916 00:45:16,080 --> 00:45:21,200 Speaker 1: Retirement Communities, Life Your Way News, togs head Bow. 917 00:45:21,800 --> 00:45:24,279 Speaker 2: Twenty three minutes away from Mate commentary, Bogs being the 918 00:45:24,320 --> 00:45:26,080 Speaker 2: shortened week of course, Andrew several guy I had dealt 919 00:45:26,120 --> 00:45:27,840 Speaker 2: with us after away the clock. Meantime, the Prime Minister 920 00:45:28,080 --> 00:45:30,759 Speaker 2: is Willison the studio. Very good morning to you. Yeah, 921 00:45:30,880 --> 00:45:33,600 Speaker 2: did anything tangible come out of childhream? 922 00:45:33,880 --> 00:45:34,080 Speaker 9: Yeah? 923 00:45:34,120 --> 00:45:35,560 Speaker 22: Look, I mean it was the first chog on we're 924 00:45:35,560 --> 00:45:38,279 Speaker 22: held on the Pacific apart from being in Australia and 925 00:45:38,320 --> 00:45:41,600 Speaker 22: New Zealand. Pretty interesting group actually, fifty six countries, most 926 00:45:41,600 --> 00:45:44,400 Speaker 22: of them small island developing states. And really it was 927 00:45:44,440 --> 00:45:46,880 Speaker 22: the Arpa Ocean's Declaration and one of the big features 928 00:45:46,920 --> 00:45:49,920 Speaker 22: of that was that actually recognizing the sovereignty of the 929 00:45:50,000 --> 00:45:53,480 Speaker 22: current eess that exists around these island nations and if 930 00:45:53,520 --> 00:45:56,040 Speaker 22: they deal with the future of sea rise and we 931 00:45:56,120 --> 00:45:58,640 Speaker 22: don't want those EZ shrinking. And so that actually was 932 00:45:58,719 --> 00:46:00,680 Speaker 22: quite a good win to put out there on the record, 933 00:46:00,800 --> 00:46:02,080 Speaker 22: I think, which was good good outcome. 934 00:46:02,160 --> 00:46:03,839 Speaker 2: What does that even mean? None of that made sense 935 00:46:03,880 --> 00:46:05,480 Speaker 2: to me. What it means is on a piece of 936 00:46:05,520 --> 00:46:08,720 Speaker 2: plate you got climate change about the ocean signed chrysopal accident. 937 00:46:09,040 --> 00:46:10,480 Speaker 22: Now what it means is like if you're a place 938 00:46:10,560 --> 00:46:12,640 Speaker 22: like Tavalu, which is in the next one hundred years 939 00:46:12,880 --> 00:46:15,680 Speaker 22: worst case scenario, probably ninety percent of the Adohl sort 940 00:46:15,719 --> 00:46:19,960 Speaker 22: of underwater, then actually its historic border is respected and 941 00:46:20,040 --> 00:46:22,520 Speaker 22: as a result, it's EZ which has its opportunity for 942 00:46:22,560 --> 00:46:26,640 Speaker 22: fishing rights. Its economic zone around the islands as actually 943 00:46:26,680 --> 00:46:28,799 Speaker 22: maintained as it currently is today, not as it would 944 00:46:28,840 --> 00:46:30,640 Speaker 22: be in the future if the worst case happens. 945 00:46:30,760 --> 00:46:34,759 Speaker 2: Okay, the slavery question that Kyostarama was particularly exercised about, 946 00:46:35,120 --> 00:46:38,040 Speaker 2: did that go anywhere? Will it go anywhere? Do you think? 947 00:46:38,239 --> 00:46:38,439 Speaker 17: Well? 948 00:46:38,480 --> 00:46:40,520 Speaker 22: The key thing was to push it out of Chogham frankly, 949 00:46:40,600 --> 00:46:43,320 Speaker 22: because it's a peculiar UK Caribbean issue that needs to 950 00:46:43,360 --> 00:46:45,359 Speaker 22: be dealt with by them. In a conversation, I think 951 00:46:45,400 --> 00:46:49,960 Speaker 22: they plan to do a UK Caribbean dialogue next year, 952 00:46:50,440 --> 00:46:53,040 Speaker 22: but it was really pushed out of Chogham so that 953 00:46:53,080 --> 00:46:55,759 Speaker 22: the Brits and the Caribbean can deal with it directly. Okay, yeah, 954 00:46:55,800 --> 00:46:57,960 Speaker 22: because really you want Chogham to be about democracy, you 955 00:46:58,000 --> 00:47:01,360 Speaker 22: want it to be about actual development. But for me 956 00:47:01,480 --> 00:47:03,239 Speaker 22: it was a good opportunity to meet, you know, leaders 957 00:47:03,280 --> 00:47:04,759 Speaker 22: from Africa and the Criban who I don't get a 958 00:47:04,840 --> 00:47:07,360 Speaker 22: chance to see that much, but effectively could build some. 959 00:47:07,360 --> 00:47:09,120 Speaker 2: Relationships to have a future cham. 960 00:47:09,320 --> 00:47:10,160 Speaker 23: Yeah, I think it does. 961 00:47:10,239 --> 00:47:12,360 Speaker 22: I think it has to be focused back on development 962 00:47:12,600 --> 00:47:16,640 Speaker 22: and democracy, you know, strengthening against democratic institutions, building the 963 00:47:16,680 --> 00:47:21,120 Speaker 22: capacity of public services and developing states, getting rid of corruption. 964 00:47:21,960 --> 00:47:23,520 Speaker 22: Those kinds of things I think are important. 965 00:47:23,600 --> 00:47:26,040 Speaker 2: Okay. So Shane Jones, he's been in Singapore. He comes 966 00:47:26,120 --> 00:47:28,440 Speaker 2: back this sort of surprised me that we haven't thought 967 00:47:28,440 --> 00:47:30,279 Speaker 2: about this or done anything about it before. So his 968 00:47:30,480 --> 00:47:33,040 Speaker 2: argument is they've got plenty of dough and they want 969 00:47:33,080 --> 00:47:36,600 Speaker 2: to invest in infrastructure good. They also want food security. 970 00:47:36,640 --> 00:47:38,640 Speaker 2: I'm assuming we can do something along those lines, why 971 00:47:38,680 --> 00:47:40,120 Speaker 2: hasn't that been stitched up signed off? 972 00:47:40,200 --> 00:47:42,800 Speaker 22: Well, it is actually so promised to Lee and promise 973 00:47:42,840 --> 00:47:44,759 Speaker 22: to Wong, and I've spoken about that where we're moving 974 00:47:44,840 --> 00:47:47,400 Speaker 22: through what we call an enhard strategic partnership, which is 975 00:47:47,560 --> 00:47:49,839 Speaker 22: building our relationship to Singapore to the next level. Next 976 00:47:49,920 --> 00:47:52,200 Speaker 22: year will be our sixtieth anniversary, and that's exactly right. 977 00:47:52,560 --> 00:47:55,719 Speaker 22: The Singaporeans are really concerned about food security, and I'm 978 00:47:55,760 --> 00:47:58,160 Speaker 22: really concerned about supply chain certainty. So if you think 979 00:47:58,200 --> 00:48:01,240 Speaker 22: about oil coming through single poor coming into New Zealand, 980 00:48:01,760 --> 00:48:04,240 Speaker 22: I would want protection of that, and they'd want protection 981 00:48:04,360 --> 00:48:07,759 Speaker 22: and more, more and more security around their food. The 982 00:48:07,840 --> 00:48:09,640 Speaker 22: other thing is that every time I go off Sure, 983 00:48:09,680 --> 00:48:13,040 Speaker 22: I spent about two hours meeting with groups of investors 984 00:48:13,080 --> 00:48:14,680 Speaker 22: asking for the good, the bad, and the ugly of 985 00:48:15,040 --> 00:48:17,759 Speaker 22: investing in New Zealand. And my big takeaway is that 986 00:48:17,880 --> 00:48:19,960 Speaker 22: actually they're open to investing in New Zealand, they just 987 00:48:20,000 --> 00:48:22,759 Speaker 22: don't know what's here to invest in. I'm very open 988 00:48:22,800 --> 00:48:25,439 Speaker 22: to taking foreign direct investment into the country because we're 989 00:48:25,440 --> 00:48:28,359 Speaker 22: the lowest in the OECD. We've slipped to thirty eight 990 00:48:28,400 --> 00:48:30,920 Speaker 22: out of thirty eight, and we need that to get 991 00:48:31,040 --> 00:48:33,440 Speaker 22: knowledge transfer into our companies, but also the capital that 992 00:48:33,480 --> 00:48:35,160 Speaker 22: we desperately need for infrastructures. 993 00:48:35,400 --> 00:48:38,239 Speaker 2: Reputationally, we're trouble. We had an investment. Guys, we're doing 994 00:48:38,239 --> 00:48:40,399 Speaker 2: this for thirty years on the prayer, he said, reputationally 995 00:48:40,560 --> 00:48:42,279 Speaker 2: where we're not well looked well. 996 00:48:42,480 --> 00:48:44,239 Speaker 22: I think the reality is I've looked at us in 997 00:48:44,360 --> 00:48:47,160 Speaker 22: recent years and said it's too slow to get anything 998 00:48:47,239 --> 00:48:50,960 Speaker 22: done in New Zealand. It's actually you don't welcome capital 999 00:48:51,400 --> 00:48:53,360 Speaker 22: like other countries. Do you say it's a privilege to 1000 00:48:53,440 --> 00:48:55,839 Speaker 22: invest here versus thank you for coming and spending your 1001 00:48:55,880 --> 00:48:59,080 Speaker 22: money and make the investment and just management manage our 1002 00:48:59,160 --> 00:49:01,319 Speaker 22: risks versus Actually, these days they've got to say it's 1003 00:49:01,320 --> 00:49:02,160 Speaker 22: a privilege. 1004 00:49:01,760 --> 00:49:02,040 Speaker 23: To being here. 1005 00:49:02,120 --> 00:49:03,759 Speaker 22: Now, let me justify why my investment's going to be 1006 00:49:03,800 --> 00:49:06,160 Speaker 22: good for New Zealand, so that the mindset's are wrong 1007 00:49:06,400 --> 00:49:08,960 Speaker 22: on the investment. And also, we haven't been a country 1008 00:49:09,000 --> 00:49:12,640 Speaker 22: that's been using this big sovereign wealth funds pension funds 1009 00:49:12,680 --> 00:49:15,359 Speaker 22: for actually doing public infrastructure, which is what we're doing 1010 00:49:15,400 --> 00:49:18,239 Speaker 22: with the National Infrastructure Agency that we're creating. So all 1011 00:49:18,280 --> 00:49:20,200 Speaker 22: of those messages say, look, I'm open to investing in 1012 00:49:20,200 --> 00:49:21,839 Speaker 22: New Zealand, but I just don't know what's here. 1013 00:49:22,280 --> 00:49:24,000 Speaker 23: And I think, can you turn that round? 1014 00:49:24,120 --> 00:49:24,319 Speaker 21: Yeah? 1015 00:49:24,320 --> 00:49:25,440 Speaker 23: I can, because I think what I. 1016 00:49:25,520 --> 00:49:28,000 Speaker 22: Have to do is present a deal sheet essentially of 1017 00:49:28,080 --> 00:49:31,040 Speaker 22: the different assets that we are up for investment from overseas, 1018 00:49:31,440 --> 00:49:33,640 Speaker 22: and then make that very explicit to the investors and 1019 00:49:34,320 --> 00:49:36,359 Speaker 22: actually get them down here to see them, to show 1020 00:49:36,400 --> 00:49:36,960 Speaker 22: them what's here. 1021 00:49:37,239 --> 00:49:39,560 Speaker 2: The other thing they said to or told me this 1022 00:49:39,680 --> 00:49:41,600 Speaker 2: morning was once they get here, they look at the 1023 00:49:41,800 --> 00:49:44,120 Speaker 2: CRL and go call big hole in the ground that's 1024 00:49:44,160 --> 00:49:47,400 Speaker 2: three times over budget and years like, how do we 1025 00:49:47,480 --> 00:49:48,319 Speaker 2: fix that? Yeah? 1026 00:49:48,360 --> 00:49:50,360 Speaker 22: Well, I mean that's where the fast track and the 1027 00:49:50,560 --> 00:49:53,960 Speaker 22: consenting stuff is really serious. I mean the consenting stuff 1028 00:49:54,040 --> 00:49:56,960 Speaker 22: has doubled in time and time is money, you know, and. 1029 00:49:57,760 --> 00:50:00,840 Speaker 23: Also you know the laws. And I spoke to a guy. 1030 00:50:00,719 --> 00:50:02,720 Speaker 22: Who wants to build a data center in New Zealand 1031 00:50:03,080 --> 00:50:05,560 Speaker 22: and was he said, Chris, I love your country. He says, 1032 00:50:05,719 --> 00:50:07,359 Speaker 22: where I go, they make it easy for me because 1033 00:50:07,360 --> 00:50:08,960 Speaker 22: they want a data center here. It's probably half a 1034 00:50:09,000 --> 00:50:11,520 Speaker 22: billion dollars worth of investment. But he said, I'm dealing 1035 00:50:11,600 --> 00:50:14,359 Speaker 22: with an Auckland Council volcanic cone. 1036 00:50:14,440 --> 00:50:16,800 Speaker 23: View issue by laur and I don't know what that is. 1037 00:50:17,400 --> 00:50:20,319 Speaker 22: And I said to mate, Yeah, that exactly underscores the point, 1038 00:50:20,320 --> 00:50:22,080 Speaker 22: which is if you are a project of regional and 1039 00:50:22,280 --> 00:50:24,800 Speaker 22: or national significance, which is where we started with the 1040 00:50:24,840 --> 00:50:27,239 Speaker 22: fast Track to try and break the system, and what 1041 00:50:27,320 --> 00:50:29,480 Speaker 22: we try and shrine next year with the full system 1042 00:50:29,719 --> 00:50:31,279 Speaker 22: is you know, we've got to be able to get 1043 00:50:31,320 --> 00:50:32,520 Speaker 22: through this stuff and get things. 1044 00:50:32,640 --> 00:50:35,080 Speaker 2: I'm very glad you raised data centers because once they 1045 00:50:35,200 --> 00:50:36,879 Speaker 2: arrive here and we do want to be a center 1046 00:50:36,920 --> 00:50:39,040 Speaker 2: for data centers, how is it we're running them with power? 1047 00:50:39,360 --> 00:50:40,920 Speaker 23: Yeah, well that's a major challenge. 1048 00:50:41,719 --> 00:50:44,399 Speaker 22: No, No, as in twousand Sydney and I think there's 1049 00:50:44,440 --> 00:50:46,919 Speaker 22: two data center projects there that they're proposing to build 1050 00:50:46,960 --> 00:50:48,920 Speaker 22: in the next five years that will take up one 1051 00:50:49,000 --> 00:50:52,880 Speaker 22: hundred percent of Sydney's electricity today. So that's why you know, 1052 00:50:53,280 --> 00:50:56,960 Speaker 22: we've got twenty two fast track resource renewable energy projects 1053 00:50:57,040 --> 00:50:58,280 Speaker 22: in the fast Track legislation. 1054 00:50:58,520 --> 00:51:01,560 Speaker 23: But that is the current electricity. 1055 00:51:01,680 --> 00:51:03,160 Speaker 2: I mean, we're not building what are we doing? We're 1056 00:51:03,200 --> 00:51:05,760 Speaker 2: building wind mills, are we building farms? Are we building 1057 00:51:05,960 --> 00:51:07,799 Speaker 2: all of the above? All of the above? Why don't 1058 00:51:07,840 --> 00:51:08,480 Speaker 2: we go nuclear? 1059 00:51:08,880 --> 00:51:11,879 Speaker 22: Well that's not something that well, we've got abundant natural 1060 00:51:11,920 --> 00:51:13,520 Speaker 22: resources we just haven't even tried to. 1061 00:51:13,520 --> 00:51:15,160 Speaker 2: Do what we've know. Let me, let me give you 1062 00:51:15,200 --> 00:51:17,840 Speaker 2: the argument. So you look at Google and Microsoft and Oracle. 1063 00:51:18,040 --> 00:51:20,520 Speaker 2: What are they doing. They're doing deals with three Mile Island. 1064 00:51:20,560 --> 00:51:23,760 Speaker 2: They're building their own nuclear reactors. Why because you cannot 1065 00:51:23,840 --> 00:51:24,640 Speaker 2: rely on rain? 1066 00:51:25,080 --> 00:51:26,279 Speaker 23: Yep, no, I hear you. 1067 00:51:26,440 --> 00:51:29,240 Speaker 22: But I also know that we've got abundant natural resources, 1068 00:51:29,280 --> 00:51:30,880 Speaker 22: and we haven't done the job that we should be 1069 00:51:30,880 --> 00:51:32,560 Speaker 22: able to do with the resources that we've already got. 1070 00:51:32,800 --> 00:51:37,040 Speaker 2: So we can build enough wind mills, and enough solar panels, 1071 00:51:37,080 --> 00:51:41,640 Speaker 2: and enough dams, yeah with gas, with some gas to 1072 00:51:41,760 --> 00:51:43,880 Speaker 2: run any number of data center. I think when we 1073 00:51:44,080 --> 00:51:46,400 Speaker 2: can't turn the lights on in the middle of winter. 1074 00:51:46,320 --> 00:51:48,160 Speaker 23: Well that's but I just say to you, that's why 1075 00:51:48,239 --> 00:51:49,640 Speaker 23: we've got to properly go through. 1076 00:51:49,680 --> 00:51:51,799 Speaker 22: I mean, we're in a perverse situation which took us 1077 00:51:51,880 --> 00:51:54,040 Speaker 22: eight years to consent to win farm, two years to 1078 00:51:54,080 --> 00:51:56,320 Speaker 22: build it. That should be a one year consenting. We 1079 00:51:56,360 --> 00:51:58,120 Speaker 22: should get the benefit within three years and then we 1080 00:51:58,160 --> 00:51:59,799 Speaker 22: can move on. You know, that's one hundred and thirty 1081 00:51:59,800 --> 00:52:02,239 Speaker 22: furs and houses. You know, the particular farm I was 1082 00:52:02,280 --> 00:52:05,000 Speaker 22: thinking about one hundred and thirty thousand houses. Actually all 1083 00:52:05,000 --> 00:52:06,760 Speaker 22: the energy needs met through off you know, through. 1084 00:52:07,239 --> 00:52:09,759 Speaker 2: Your argument and really simple terms. We can do it renewably. Yeah, 1085 00:52:10,239 --> 00:52:13,720 Speaker 2: without nuclear. Nuclear is not on the table in an ocular. 1086 00:52:14,120 --> 00:52:15,440 Speaker 2: But what we can do is we do a hell 1087 00:52:15,440 --> 00:52:18,120 Speaker 2: of a better job than what we've been doing. Because again, 1088 00:52:18,120 --> 00:52:20,279 Speaker 2: if you're sitting in Singapore, you've got one hundred and 1089 00:52:20,320 --> 00:52:23,600 Speaker 2: ninety five countries to invest that sovereign wealth superannuation money. 1090 00:52:23,640 --> 00:52:25,920 Speaker 2: And if you're sitting in Korea or Japan with the 1091 00:52:25,960 --> 00:52:28,439 Speaker 2: other places you know I've spoken to as well, they've 1092 00:52:28,480 --> 00:52:30,880 Speaker 2: got so much money. Yeah, I sat down in a 1093 00:52:30,960 --> 00:52:34,160 Speaker 2: meeting of five Japanese bankers. You know, they immediately had 1094 00:52:34,239 --> 00:52:36,600 Speaker 2: like probably three hundred and fifty billion dollars to invest, 1095 00:52:36,760 --> 00:52:37,440 Speaker 2: just and a lot of it. 1096 00:52:37,440 --> 00:52:38,719 Speaker 23: They would love to send this part of the world. 1097 00:52:38,719 --> 00:52:39,680 Speaker 23: They just don't know what's here. 1098 00:52:40,040 --> 00:52:42,520 Speaker 22: I met with the Katari Prime Minister for four hours 1099 00:52:42,520 --> 00:52:45,080 Speaker 22: and just said, he's got a Katari investment fund. We 1100 00:52:45,120 --> 00:52:46,759 Speaker 22: would love their money. He said, it came through here. 1101 00:52:46,880 --> 00:52:49,000 Speaker 22: You know, seven years ago, Sauce I couldn't find anything 1102 00:52:49,080 --> 00:52:51,480 Speaker 22: to invest in. I said, we'll come back. You know, 1103 00:52:51,640 --> 00:52:53,520 Speaker 22: let me let me get you the deal sheet of 1104 00:52:53,600 --> 00:52:54,920 Speaker 22: what I think. You know, you might want to make 1105 00:52:54,960 --> 00:52:56,480 Speaker 22: investments making essence, what. 1106 00:52:56,520 --> 00:52:57,560 Speaker 2: Are you going to do with the QWI bank? 1107 00:52:58,239 --> 00:53:00,960 Speaker 22: Look, I mean what we've said is the banking set 1108 00:53:01,040 --> 00:53:03,640 Speaker 22: does not competitive. The competition is not good because consumers 1109 00:53:03,680 --> 00:53:06,560 Speaker 22: are paying for it with higher prices. We've now got 1110 00:53:06,640 --> 00:53:09,160 Speaker 22: this inquiry going on through the Finance and expenditu Committee 1111 00:53:09,160 --> 00:53:11,160 Speaker 22: that will roll through, but we need Kerey Bank to 1112 00:53:11,200 --> 00:53:13,000 Speaker 22: actually be fired up as the maverick as it's been 1113 00:53:13,040 --> 00:53:13,439 Speaker 22: talked about. 1114 00:53:13,480 --> 00:53:15,600 Speaker 2: You're going to float it, well, we're going to get. 1115 00:53:15,440 --> 00:53:17,720 Speaker 22: A bunch of investment options that Nicolas asked the Treasury 1116 00:53:17,760 --> 00:53:20,480 Speaker 22: to give her. Has giving you the options. One of 1117 00:53:20,480 --> 00:53:22,280 Speaker 22: the options is floating well, I haven't seen the advice 1118 00:53:22,360 --> 00:53:25,640 Speaker 22: yet to float it. Yeah, well, one of the options 1119 00:53:25,719 --> 00:53:28,760 Speaker 22: could be to put some into the New Zealand Stock Exchange, 1120 00:53:28,800 --> 00:53:30,759 Speaker 22: other ways in which you could get super funds or 1121 00:53:30,880 --> 00:53:34,279 Speaker 22: other other funds to invest in its favor. I don't 1122 00:53:34,280 --> 00:53:35,920 Speaker 22: have a view until I see that advice. Mike, I 1123 00:53:36,000 --> 00:53:36,920 Speaker 22: know that's not the answer you want. 1124 00:53:37,000 --> 00:53:40,160 Speaker 2: Tell no premature until here's my main point. My point 1125 00:53:40,160 --> 00:53:42,839 Speaker 2: is keep your bank tomorrow, so you sell it off, 1126 00:53:43,120 --> 00:53:46,320 Speaker 2: tell me materially how it changes the banking landscape of 1127 00:53:46,400 --> 00:53:46,880 Speaker 2: this country. 1128 00:53:47,120 --> 00:53:49,840 Speaker 22: Well, I think a more capital growth into care We 1129 00:53:49,960 --> 00:53:53,200 Speaker 22: Bank so that it actually can compete wronger. It makes 1130 00:53:53,239 --> 00:53:56,440 Speaker 22: them bigger, but also makes them be able to compete 1131 00:53:56,520 --> 00:53:58,960 Speaker 22: very strongly for that business. I think there's other things 1132 00:53:58,960 --> 00:54:01,040 Speaker 22: that we're going to need to do well with the banking. 1133 00:54:01,120 --> 00:54:02,640 Speaker 22: But let's get through some of this inquiries. 1134 00:54:02,680 --> 00:54:05,200 Speaker 2: Because I'm following this inquiry with a great deal of interest. 1135 00:54:05,239 --> 00:54:08,840 Speaker 2: I listened to Antonio last week. She's fantastic, so she 1136 00:54:09,280 --> 00:54:11,680 Speaker 2: who was a perfectly coach and argument. I thought, I mean, yes, 1137 00:54:11,719 --> 00:54:12,800 Speaker 2: they make a lot of money, but there are a 1138 00:54:12,840 --> 00:54:15,520 Speaker 2: big bank, so that the other four major banks so 1139 00:54:15,680 --> 00:54:18,200 Speaker 2: to keep. If Keywi Bank was floated tomorrow, it would 1140 00:54:18,200 --> 00:54:20,799 Speaker 2: become a bigger bank. There'd be five big banks. How 1141 00:54:20,840 --> 00:54:21,800 Speaker 2: does that fix anything? 1142 00:54:22,040 --> 00:54:23,640 Speaker 22: No, I just I think, you know, the reality is 1143 00:54:23,680 --> 00:54:26,160 Speaker 22: we've got four We've got four cozy banks and a 1144 00:54:26,280 --> 00:54:27,400 Speaker 22: very cozy relationship and. 1145 00:54:27,719 --> 00:54:28,359 Speaker 2: Has shaken stop. 1146 00:54:28,440 --> 00:54:32,040 Speaker 22: And here's an example, an open banking for example, it's 1147 00:54:32,080 --> 00:54:32,880 Speaker 22: something that's going to. 1148 00:54:33,160 --> 00:54:35,200 Speaker 2: Have you Have you read the documentation in Australia on 1149 00:54:35,239 --> 00:54:36,640 Speaker 2: open Yeah, yea, but it looks no different. 1150 00:54:36,800 --> 00:54:39,160 Speaker 22: But the point is it's been left with the banks 1151 00:54:39,200 --> 00:54:41,880 Speaker 22: to manage amongst themselves. That open banking piece rather than 1152 00:54:41,880 --> 00:54:44,520 Speaker 22: actually that regulation coming from a different place. And I 1153 00:54:44,600 --> 00:54:47,879 Speaker 22: think you know people, you know, they don't move banks easily, 1154 00:54:47,960 --> 00:54:49,640 Speaker 22: but actually if you made it much easier to do so, 1155 00:54:49,719 --> 00:54:52,440 Speaker 22: you would when you leave it to the bank, it 1156 00:54:52,760 --> 00:54:54,399 Speaker 22: does not their interesting changed. 1157 00:54:54,440 --> 00:54:56,440 Speaker 2: You've not convinced me that we've got some sort of 1158 00:54:56,600 --> 00:54:59,919 Speaker 2: robber barons scenario in this country where everyone's getting ripped off. 1159 00:55:00,239 --> 00:55:02,560 Speaker 2: I mean, and if you could, that's fantastic, because I 1160 00:55:02,640 --> 00:55:06,680 Speaker 2: don't care. I just don't see what floating selling doing 1161 00:55:06,719 --> 00:55:10,160 Speaker 2: anything to Kiwi Bank profoundly changes the marketplace. 1162 00:55:10,480 --> 00:55:12,279 Speaker 22: I think in a market like New Zealand where you 1163 00:55:12,400 --> 00:55:15,160 Speaker 22: end up defaulting to one or two players, two players 1164 00:55:15,280 --> 00:55:18,600 Speaker 22: or in this case four, that actually anything that promotes 1165 00:55:18,640 --> 00:55:22,520 Speaker 22: there's actually fifteen retail there's actually eighteen banks and the 1166 00:55:22,560 --> 00:55:25,480 Speaker 22: four majors. Yeah yeah, yeah, but they but they're not 1167 00:55:25,719 --> 00:55:27,320 Speaker 22: you know, we need to make sure they're capitalized in 1168 00:55:27,360 --> 00:55:29,120 Speaker 22: a way that they can actually compete very strongly. And 1169 00:55:29,200 --> 00:55:31,759 Speaker 22: I do think capital which capitalized they get out into 1170 00:55:31,760 --> 00:55:34,760 Speaker 22: the rural sector. Do you think suddenly materially the escape 1171 00:55:34,800 --> 00:55:37,399 Speaker 22: of the rural I think ki Bank and I think 1172 00:55:37,480 --> 00:55:39,319 Speaker 22: that's one of the big observations. If you take rural 1173 00:55:39,400 --> 00:55:41,800 Speaker 22: banking for example, you know many of our farmers have 1174 00:55:41,840 --> 00:55:43,720 Speaker 22: been put under huge amounts of pressure by their banks. 1175 00:55:44,080 --> 00:55:46,280 Speaker 22: They end up having to run a much higher interest 1176 00:55:46,360 --> 00:55:48,200 Speaker 22: rates than we do in the cities. The resonsequence because 1177 00:55:48,200 --> 00:55:51,520 Speaker 22: the risk, I get it, but actually I think many 1178 00:55:51,560 --> 00:55:52,960 Speaker 22: of them would want to change to someone who had 1179 00:55:52,960 --> 00:55:53,640 Speaker 22: actually back them more. 1180 00:55:53,719 --> 00:55:55,280 Speaker 2: Give me a timeline and when this is happening. 1181 00:55:55,840 --> 00:55:58,359 Speaker 22: Well again, what we're getting is advice coming back from 1182 00:55:58,400 --> 00:56:00,759 Speaker 22: Treasure about the options around KIEMI banking capital. I think 1183 00:56:00,800 --> 00:56:03,080 Speaker 22: we'll have a conversation in cabinet as planned for in 1184 00:56:03,120 --> 00:56:03,880 Speaker 22: the month of December. 1185 00:56:04,040 --> 00:56:06,719 Speaker 2: Okay, good to see. I apprecious Prime Minister Christopher lux 1186 00:56:06,760 --> 00:56:07,560 Speaker 2: Than thirteen two. 1187 00:56:08,400 --> 00:56:13,360 Speaker 1: GOO the Mike Hosking Breakfast Full Show podcast on iHeartRadio 1188 00:56:13,680 --> 00:56:15,000 Speaker 1: powered by News Talks at. 1189 00:56:14,920 --> 00:56:18,600 Speaker 2: B Iceland's done a four day week trial and it 1190 00:56:18,719 --> 00:56:22,120 Speaker 2: works the public service. Between twenty twenty and twenty twenty two, 1191 00:56:22,680 --> 00:56:24,400 Speaker 2: fifty one percent of the workers in the country had 1192 00:56:24,400 --> 00:56:28,000 Speaker 2: accepted shorter working hours, unemployment rates one of the lowest 1193 00:56:28,239 --> 00:56:32,480 Speaker 2: in Europe. Shorter working hours become widespread throughout the country now, 1194 00:56:32,600 --> 00:56:35,240 Speaker 2: so two large trials twenty fifteen to twenty nineteen, public 1195 00:56:35,280 --> 00:56:37,920 Speaker 2: sector employees worked thirty five thirty six hours a week 1196 00:56:37,920 --> 00:56:39,799 Speaker 2: instead of forty, so it's not really a four day week, 1197 00:56:39,840 --> 00:56:42,080 Speaker 2: but it's heading towards a four day week. No reduction 1198 00:56:42,200 --> 00:56:44,920 Speaker 2: in pay for that. Many had previously worked the forty 1199 00:56:45,000 --> 00:56:47,400 Speaker 2: hours trials in above two and a half thousand people. 1200 00:56:47,719 --> 00:56:50,640 Speaker 2: They said productivity increased as a result of that. They 1201 00:56:50,760 --> 00:56:53,439 Speaker 2: moved to a four day week. So they've got more 1202 00:56:53,520 --> 00:56:56,360 Speaker 2: economic growth in the EU than most other countries in 1203 00:56:56,440 --> 00:56:59,319 Speaker 2: the EU, and they're working fewer hours and they get 1204 00:56:59,400 --> 00:57:01,839 Speaker 2: the same party and all as well in the world 1205 00:57:01,880 --> 00:57:03,880 Speaker 2: of Iceland, So maybe that four day week is on 1206 00:57:04,000 --> 00:57:06,879 Speaker 2: to something. Mike, my daughter's tutor group got their teacher 1207 00:57:06,920 --> 00:57:09,000 Speaker 2: a seven hundred dollars massage about so that's not a 1208 00:57:09,040 --> 00:57:10,719 Speaker 2: bad gift. Just going back to gifts as we were 1209 00:57:11,280 --> 00:57:14,360 Speaker 2: before seven thirty this morning. Mike, Singapore wanted wanted in 1210 00:57:14,520 --> 00:57:17,080 Speaker 2: here fifteen years ago. I lived there for seven years 1211 00:57:17,120 --> 00:57:20,200 Speaker 2: as an investment banker, tried on several projects. Resource consents 1212 00:57:20,240 --> 00:57:23,320 Speaker 2: and lackabee wee buy in were required basically and killed 1213 00:57:23,360 --> 00:57:26,240 Speaker 2: it too difficult. Well, hopefully the Prime Minister depressed and 1214 00:57:26,320 --> 00:57:28,840 Speaker 2: listened with the Prime Ministers not him personally, but you 1215 00:57:28,920 --> 00:57:31,040 Speaker 2: know the attitude that we've had to foreign investment in 1216 00:57:31,120 --> 00:57:34,000 Speaker 2: this country and the way we've treated people, and hopefully 1217 00:57:34,040 --> 00:57:37,080 Speaker 2: they can turn it around in a relatively short period 1218 00:57:37,120 --> 00:57:37,400 Speaker 2: of time. 1219 00:57:37,680 --> 00:57:41,680 Speaker 1: Ate away from eight the Mic Hosking breakfast with al 1220 00:57:41,800 --> 00:57:44,360 Speaker 1: Vida Retirement Communities news togs had been. 1221 00:57:44,320 --> 00:57:47,280 Speaker 2: Bonny Mike scant media coverage of Ginny Anderson's sexist attempt 1222 00:57:47,280 --> 00:57:49,640 Speaker 2: to shame the king and his suit trousers on its own. 1223 00:57:49,640 --> 00:57:51,840 Speaker 2: It's just a silly mistake. But Jinny asked Mark Mitchell 1224 00:57:51,840 --> 00:57:53,760 Speaker 2: how many people he killed. Genny was accused by two 1225 00:57:53,800 --> 00:57:56,600 Speaker 2: teenage volunteers of bullying, all in the space of twelve months. 1226 00:57:56,880 --> 00:57:59,640 Speaker 2: Crickets from the Usually Offended. I don't know whether there 1227 00:57:59,680 --> 00:58:01,800 Speaker 2: was an coverage around at the weekend. Was it one 1228 00:58:01,840 --> 00:58:05,040 Speaker 2: of those stories. It's the question I would ask, is 1229 00:58:05,080 --> 00:58:07,360 Speaker 2: what do you reckon's wrong with? There's something you know 1230 00:58:07,560 --> 00:58:13,400 Speaker 2: some people just have a thing about them whereby trouble 1231 00:58:13,520 --> 00:58:16,720 Speaker 2: follows them, or they're a magnet for trouble of some description. 1232 00:58:16,920 --> 00:58:20,880 Speaker 2: And I think the text is very good by itself, dumb, 1233 00:58:21,760 --> 00:58:25,640 Speaker 2: but not the end of the world. Cumulatively, you start 1234 00:58:25,720 --> 00:58:27,640 Speaker 2: to ask a few questions after a while. She also 1235 00:58:27,680 --> 00:58:29,760 Speaker 2: blamed on this program. Wasn't just Mark Mitchell how many 1236 00:58:29,800 --> 00:58:31,840 Speaker 2: people he killed? But on this program she blamed Luxel 1237 00:58:31,960 --> 00:58:35,680 Speaker 2: for running in New Zealand into trouble I think three 1238 00:58:35,760 --> 00:58:37,880 Speaker 2: times when he did nothing of the sort, and when 1239 00:58:37,920 --> 00:58:39,360 Speaker 2: he was in charge of me in New Zealand, they 1240 00:58:39,360 --> 00:58:42,560 Speaker 2: didn't run into trouble at all. There's just something about 1241 00:58:42,760 --> 00:58:46,720 Speaker 2: some people that they either shoot from the lip without thinking, 1242 00:58:47,320 --> 00:58:49,360 Speaker 2: or they do random stuff, or they don't have a 1243 00:58:49,880 --> 00:58:53,080 Speaker 2: radar that goes. If I do this, if I like 1244 00:58:53,240 --> 00:58:57,200 Speaker 2: this particular social media post, what are the implications for 1245 00:58:57,360 --> 00:59:01,120 Speaker 2: me as a public figure of reasonable high standing within 1246 00:59:01,200 --> 00:59:05,000 Speaker 2: the nation's opposition party? Or don't I think about them? 1247 00:59:05,160 --> 00:59:09,040 Speaker 2: It's just the weirdest thing, isn't it. Anyway. She's on holiday, 1248 00:59:10,120 --> 00:59:12,000 Speaker 2: which makes it even weirder because I would have thought 1249 00:59:12,040 --> 00:59:15,040 Speaker 2: she'd be off doing something useful instead of liking posts. 1250 00:59:15,520 --> 00:59:17,400 Speaker 2: So she won't be with us on the program tomorrow, 1251 00:59:17,480 --> 00:59:20,720 Speaker 2: but Kira MacNulty will, So he'll be drawing the short 1252 00:59:20,760 --> 00:59:24,640 Speaker 2: straw when I ask what's wrong with Ginny Anderson news 1253 00:59:24,720 --> 00:59:24,920 Speaker 2: for you? 1254 00:59:25,040 --> 00:59:31,360 Speaker 1: Then we'll get into the sport, your trusted source for 1255 00:59:31,520 --> 00:59:35,960 Speaker 1: news and Fews, the Mic Hosking Breakfast with the Range 1256 00:59:36,040 --> 00:59:38,480 Speaker 1: Rover Villa designed to intrigue. 1257 00:59:38,560 --> 00:59:39,560 Speaker 2: Can use togs d B. 1258 00:59:41,120 --> 00:59:43,720 Speaker 14: Sprung room it. 1259 00:59:43,880 --> 00:59:44,880 Speaker 2: Is no room. 1260 00:59:45,680 --> 00:59:47,960 Speaker 7: No, that's that crowd. 1261 00:59:48,680 --> 00:59:52,600 Speaker 24: Many go well, it's a live is twenty twenty four. 1262 00:59:53,120 --> 00:59:58,840 Speaker 24: That title is yours, absolutely outstanding and. 1263 00:59:58,920 --> 00:59:59,760 Speaker 13: That is the full time. 1264 01:00:01,080 --> 01:00:06,200 Speaker 25: In Yokohama sixty four nineteen, For only the third time 1265 01:00:06,840 --> 01:00:13,800 Speaker 25: in fourteen Constellation Cup Series, New Zealand win the silverware 1266 01:00:14,360 --> 01:00:20,640 Speaker 25: with a game Despair, A Game Despair, A Constellation Cup 1267 01:00:21,440 --> 01:00:23,320 Speaker 25: is coming home first. 1268 01:00:23,440 --> 01:00:26,920 Speaker 1: The Monday Morning commentary barks on the Mike Husking Breakfast 1269 01:00:27,080 --> 01:00:30,920 Speaker 1: with Spears Finance supporting Kiwi businesses with finance solutions for 1270 01:00:31,080 --> 01:00:32,000 Speaker 1: over fifty years. 1271 01:00:32,120 --> 01:00:34,600 Speaker 2: Go held Andrews have both well us fellows, Good morning, 1272 01:00:35,320 --> 01:00:38,600 Speaker 2: Good Michael, right here we go for you guy. The 1273 01:00:38,960 --> 01:00:42,320 Speaker 2: highlight of the weekend sporting wise, for you was. 1274 01:00:42,400 --> 01:00:47,240 Speaker 18: What it's tied at the top the black Cats winning 1275 01:00:47,560 --> 01:00:50,240 Speaker 18: a Test series in India for the first ever at time, 1276 01:00:50,360 --> 01:00:54,000 Speaker 18: which was just incredible and I think ranks probably up 1277 01:00:54,080 --> 01:00:56,800 Speaker 18: there with them beating Australia in a series for the 1278 01:00:56,880 --> 01:01:00,959 Speaker 18: first time in what eighty five eighty six and James 1279 01:01:01,040 --> 01:01:03,920 Speaker 18: McDonald winning the Cox plate on board via Sestina. That 1280 01:01:04,040 --> 01:01:06,080 Speaker 18: was a very special moment and winning is one hundredth 1281 01:01:06,120 --> 01:01:10,080 Speaker 18: Group one, which I know you will probably not really 1282 01:01:10,240 --> 01:01:13,000 Speaker 18: care about, but it's a significant achievement for Diet thirty 1283 01:01:13,000 --> 01:01:13,439 Speaker 18: two years. 1284 01:01:13,440 --> 01:01:13,600 Speaker 17: Well. 1285 01:01:13,640 --> 01:01:16,200 Speaker 2: I know James a very very very likable guy. 1286 01:01:16,960 --> 01:01:17,160 Speaker 21: Yep. 1287 01:01:17,280 --> 01:01:18,600 Speaker 18: I was going to say, I don't know if you've 1288 01:01:18,600 --> 01:01:20,200 Speaker 18: ever had him on your show, but he'd be a 1289 01:01:20,320 --> 01:01:22,560 Speaker 18: great person for you to get for fifteen twenty minutes. 1290 01:01:22,600 --> 01:01:25,320 Speaker 18: He's a fantastic talker and he's had a very interesting 1291 01:01:25,400 --> 01:01:27,680 Speaker 18: life and he is just a phenomenal jockey. 1292 01:01:27,800 --> 01:01:29,400 Speaker 2: He's a very nice guy. What about you, Andrew? What 1293 01:01:29,520 --> 01:01:30,960 Speaker 2: was what was fizzing? 1294 01:01:32,160 --> 01:01:34,360 Speaker 21: I have to say the Black Cats might first and foremost, 1295 01:01:34,480 --> 01:01:37,680 Speaker 21: given that ripped through India four times in India with 1296 01:01:37,760 --> 01:01:41,160 Speaker 21: their bowling maybe once or twice on a tour that 1297 01:01:41,320 --> 01:01:46,680 Speaker 21: happens in India, and the fact that that first Test 1298 01:01:46,880 --> 01:01:50,880 Speaker 21: win wasn't a fluke, and also the fact that Mitchell 1299 01:01:51,000 --> 01:01:55,480 Speaker 21: Santana pretty much a part time spinner takes what was 1300 01:01:55,480 --> 01:01:56,880 Speaker 21: it twelve thirteen wickets. 1301 01:01:56,600 --> 01:01:57,080 Speaker 13: For the match. 1302 01:01:57,320 --> 01:02:00,440 Speaker 21: Quite extraordinary. Silver Thirds have done very well against Australia 1303 01:02:00,480 --> 01:02:01,560 Speaker 21: that's come out of the blue. 1304 01:02:02,960 --> 01:02:04,760 Speaker 2: Do you have any insight into what's happened. Last time 1305 01:02:04,760 --> 01:02:06,920 Speaker 2: I checked in with these Silver Ferns, they were but useless. 1306 01:02:07,560 --> 01:02:10,120 Speaker 21: They lost to England in that series at home recently, 1307 01:02:10,360 --> 01:02:14,560 Speaker 21: and then all all indications were that they were going 1308 01:02:14,600 --> 01:02:16,120 Speaker 21: to get something by the Aussies. All of a sudden 1309 01:02:16,120 --> 01:02:18,680 Speaker 21: they had this camp, deep and meaningful camp. I think 1310 01:02:18,720 --> 01:02:20,560 Speaker 21: it was in Hawke's Bay for four or five days. 1311 01:02:21,120 --> 01:02:23,680 Speaker 21: Some home crews were delivered and then next thing they 1312 01:02:23,760 --> 01:02:25,480 Speaker 21: go in and beult the Aussies in three games to 1313 01:02:25,960 --> 01:02:29,920 Speaker 21: win by some of those margins in Australia. 1314 01:02:30,480 --> 01:02:33,120 Speaker 2: Does it say anything about Australia and all Australia but 1315 01:02:33,200 --> 01:02:34,760 Speaker 2: weak on it. It's just nolan I. 1316 01:02:34,760 --> 01:02:37,720 Speaker 21: Thought Australia was strong. I thought all the indications were 1317 01:02:37,920 --> 01:02:40,520 Speaker 21: that Australia still at the top of the netball tree 1318 01:02:40,560 --> 01:02:42,240 Speaker 21: and that they were very, very strong. The Silver Fans 1319 01:02:42,240 --> 01:02:43,040 Speaker 21: weren't going to get close. 1320 01:02:43,600 --> 01:02:44,320 Speaker 2: It was just Nolane. 1321 01:02:45,040 --> 01:02:48,560 Speaker 21: A third highlight surely was Liam Lawson flipping the bird. 1322 01:02:49,360 --> 01:02:50,880 Speaker 4: That was that. 1323 01:02:51,040 --> 01:02:53,280 Speaker 2: That was as far as a race. If you watched 1324 01:02:53,320 --> 01:02:57,720 Speaker 2: the whole race, yeah, I mean, you cannot not love 1325 01:02:57,880 --> 01:03:00,840 Speaker 2: if one. It was phenomenal from one end of the 1326 01:03:00,880 --> 01:03:03,520 Speaker 2: field to the other it was high drama and there 1327 01:03:03,560 --> 01:03:06,720 Speaker 2: were so many stories and it was just absolutely brilliant 1328 01:03:07,160 --> 01:03:08,120 Speaker 2: and amazing. 1329 01:03:08,240 --> 01:03:12,840 Speaker 21: How through when a season is one side of when 1330 01:03:13,000 --> 01:03:15,840 Speaker 21: estapends leading by heaps, nothing really happens in races or 1331 01:03:15,880 --> 01:03:20,720 Speaker 21: there's very very very little fan fear or controversy. Now 1332 01:03:20,880 --> 01:03:23,360 Speaker 21: every second lap there seems to be time penalties. It 1333 01:03:23,400 --> 01:03:25,880 Speaker 21: seems to be guys being pushed off the track, this 1334 01:03:26,120 --> 01:03:27,200 Speaker 21: incident after incidents. 1335 01:03:27,240 --> 01:03:31,600 Speaker 2: Fantastic, and you see how panicked Red Bull are with 1336 01:03:31,760 --> 01:03:34,080 Speaker 2: what's going on. They're our third in the constructors. And 1337 01:03:34,200 --> 01:03:36,120 Speaker 2: that's why I think that you're probably going to see 1338 01:03:36,200 --> 01:03:39,280 Speaker 2: Perry is jettisoned out sooner rather than later, because they'll 1339 01:03:39,280 --> 01:03:42,240 Speaker 2: be asking themselves who can get us points canned Lawson? 1340 01:03:42,720 --> 01:03:45,320 Speaker 2: Yes or no? Is it a risk? Yes? Is it 1341 01:03:45,400 --> 01:03:46,600 Speaker 2: any worse than what we've got? 1342 01:03:46,840 --> 01:03:46,880 Speaker 7: No? 1343 01:03:47,480 --> 01:03:47,520 Speaker 15: No? 1344 01:03:48,200 --> 01:03:50,840 Speaker 21: Yeah, Today I would imagine there were images of him, 1345 01:03:51,120 --> 01:03:54,520 Speaker 21: There were images of him being spoken to by Christian Horner, 1346 01:03:54,600 --> 01:03:56,720 Speaker 21: or going into a meeting, which normally happens after a race. 1347 01:03:56,720 --> 01:03:59,520 Speaker 21: Week it anyway, but I would imagine outwardly, yes, Lee, 1348 01:03:59,600 --> 01:04:01,160 Speaker 21: and you don't want to do that again. But how 1349 01:04:01,200 --> 01:04:04,800 Speaker 21: we've I'd imagined inwardly in that camp. We're saying, Liam, 1350 01:04:04,880 --> 01:04:05,880 Speaker 21: you're you're a racer. 1351 01:04:06,120 --> 01:04:06,800 Speaker 2: Couldn't agreement. 1352 01:04:06,840 --> 01:04:08,760 Speaker 21: You're giving it. You're giving it to the old guys. 1353 01:04:08,800 --> 01:04:09,640 Speaker 21: As it's fantastic. 1354 01:04:09,760 --> 01:04:11,960 Speaker 2: Keep doing what you He's stuck it right up Alonso 1355 01:04:12,120 --> 01:04:14,560 Speaker 2: and Peirez in two weekends in a row. That that 1356 01:04:14,680 --> 01:04:17,320 Speaker 2: shows real gonuts for a young guy trying to. 1357 01:04:17,520 --> 01:04:18,280 Speaker 21: How do you drive? 1358 01:04:18,440 --> 01:04:20,640 Speaker 2: But three hundred k and our take your hand off 1359 01:04:20,680 --> 01:04:21,280 Speaker 2: the wheel. 1360 01:04:21,360 --> 01:04:24,040 Speaker 21: Take your right hand general and slip the bird out 1361 01:04:24,040 --> 01:04:24,360 Speaker 21: the leap. 1362 01:04:27,880 --> 01:04:31,160 Speaker 2: I've driven quite a lot at two fifty sixty, and 1363 01:04:31,280 --> 01:04:34,520 Speaker 2: that to me is like gob smackingly fast and I 1364 01:04:35,000 --> 01:04:37,560 Speaker 2: am not doing anything other than holding on for your life. 1365 01:04:37,600 --> 01:04:39,840 Speaker 2: So how he does that? I got no idea. 1366 01:04:40,280 --> 01:04:43,520 Speaker 21: And having grown up on having for Liam grown up 1367 01:04:43,560 --> 01:04:47,480 Speaker 21: on the streets, that's nothing. The bird's nothing right exactly, 1368 01:04:48,320 --> 01:04:49,520 Speaker 21: that's just HI, how you doing? 1369 01:04:50,640 --> 01:04:53,080 Speaker 18: They leave him out? So they leave Liam Lawson out 1370 01:04:53,360 --> 01:04:56,120 Speaker 18: to help the step and get back through. Was that 1371 01:04:56,760 --> 01:05:00,880 Speaker 18: because that seemed like a terribly bad technical era. He 1372 01:05:01,040 --> 01:05:03,160 Speaker 18: was out for so long when it was obviously you 1373 01:05:03,240 --> 01:05:04,640 Speaker 18: needed to go on the pets because. 1374 01:05:04,440 --> 01:05:06,280 Speaker 2: His car was well, well, it was out the same 1375 01:05:06,360 --> 01:05:08,240 Speaker 2: They ran the same sort of strategy. The week before, 1376 01:05:08,240 --> 01:05:10,640 Speaker 2: you remember, on the hard tires, and so they're trying 1377 01:05:10,680 --> 01:05:12,440 Speaker 2: to work out what when you put the mediums on, 1378 01:05:12,520 --> 01:05:14,200 Speaker 2: and how long the mediums last and all that sort 1379 01:05:14,240 --> 01:05:15,440 Speaker 2: of stuff and whether you're going to be in the 1380 01:05:15,480 --> 01:05:18,200 Speaker 2: points and stuff like that, and so he was not 1381 01:05:18,360 --> 01:05:19,880 Speaker 2: going to be in the points. You got to remember, 1382 01:05:19,960 --> 01:05:21,920 Speaker 2: even at his best point, he was before all the 1383 01:05:21,960 --> 01:05:24,400 Speaker 2: pit stops, he was about twelfth, so as chances of 1384 01:05:24,440 --> 01:05:26,440 Speaker 2: him getting to the top team were relatively slim so 1385 01:05:26,800 --> 01:05:28,520 Speaker 2: and then of course color Pinto came along and it 1386 01:05:28,600 --> 01:05:32,240 Speaker 2: all sort of fell apart. You guys haven't asked me 1387 01:05:32,320 --> 01:05:33,960 Speaker 2: what my highlight of the weekend support was. 1388 01:05:34,440 --> 01:05:36,240 Speaker 21: Oh Mike, what was your highlight? 1389 01:05:36,520 --> 01:05:37,080 Speaker 2: I had to take a. 1390 01:05:37,120 --> 01:05:38,520 Speaker 21: Break the one. 1391 01:05:39,000 --> 01:05:42,200 Speaker 2: No, it's not more shortly, Guy held Andrew Sevil thirteen past. 1392 01:05:42,840 --> 01:05:47,400 Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered 1393 01:05:47,480 --> 01:05:48,080 Speaker 1: by News. 1394 01:05:47,920 --> 01:05:51,120 Speaker 2: Talk ZB new Just Talks every fifteen past eight. 1395 01:05:52,400 --> 01:05:55,880 Speaker 1: The Monday morning commentary Box on the Mic Hosking Breakfast 1396 01:05:56,040 --> 01:06:00,080 Speaker 1: with Spears Finance, supporting Kiwi businesses with finance solutions for 1397 01:06:00,200 --> 01:06:01,160 Speaker 1: over fifty years. 1398 01:06:01,360 --> 01:06:03,120 Speaker 2: Guy, are you exercised? 1399 01:06:03,640 --> 01:06:04,479 Speaker 21: Can I take a punt? 1400 01:06:05,200 --> 01:06:05,320 Speaker 2: Yes? 1401 01:06:05,400 --> 01:06:05,640 Speaker 13: You can? 1402 01:06:06,400 --> 01:06:06,960 Speaker 2: You can and. 1403 01:06:09,080 --> 01:06:10,640 Speaker 21: I'll take the punt, and this guy I would say 1404 01:06:10,680 --> 01:06:17,080 Speaker 21: please bit responsibly. Yeah, well it was either that Hong 1405 01:06:17,200 --> 01:06:19,920 Speaker 21: Kong Invitational billions or Gold Coast Supercars. 1406 01:06:20,480 --> 01:06:24,920 Speaker 2: No, it wasn't either. The the snooker was excellent. The 1407 01:06:25,000 --> 01:06:28,080 Speaker 2: NPC final, well, now this is this is part of it. 1408 01:06:28,200 --> 01:06:30,640 Speaker 2: So I reckon this weekend was better than the previous 1409 01:06:30,680 --> 01:06:34,480 Speaker 2: weekend if you think about it. If one on the 1410 01:06:34,480 --> 01:06:38,120 Speaker 2: Saturday morning, P one and P two, the supercars, the abs, 1411 01:06:38,320 --> 01:06:40,240 Speaker 2: not that they were that exciting. The final of the 1412 01:06:40,600 --> 01:06:44,240 Speaker 2: NPC was brilliant given the extra time and how exciting 1413 01:06:44,320 --> 01:06:46,480 Speaker 2: that was. But this was a piece of history. I 1414 01:06:46,560 --> 01:06:49,000 Speaker 2: watched it live, and it's when you watch it live 1415 01:06:49,080 --> 01:06:50,880 Speaker 2: that it's truly special as opposed to just going and 1416 01:06:50,920 --> 01:06:53,920 Speaker 2: watching it on YouTube. It was a walk off Grand Slam. 1417 01:06:54,760 --> 01:06:57,720 Speaker 21: Oh yes, yes, yes. Dodgers Yankees Game one. 1418 01:06:57,640 --> 01:07:01,920 Speaker 2: Of the World Series. So bottom of the tenth, so 1419 01:07:02,080 --> 01:07:05,680 Speaker 2: extra innings, two out, Yankees are up three to two. 1420 01:07:06,560 --> 01:07:09,520 Speaker 2: Last batter up. They walk mooky Bets because they don't 1421 01:07:09,560 --> 01:07:10,920 Speaker 2: want to face them, because they're scared of them, so 1422 01:07:10,960 --> 01:07:14,040 Speaker 2: they walk them. So bases loaded. They get the guy 1423 01:07:14,200 --> 01:07:18,520 Speaker 2: Freeman up, ball In puts it in the crowd. Never 1424 01:07:18,680 --> 01:07:21,080 Speaker 2: in the history of World Series Baseball has there been 1425 01:07:21,080 --> 01:07:23,560 Speaker 2: a walk off Grand Slam. Ever, Yeah, it was moving 1426 01:07:24,440 --> 01:07:28,400 Speaker 2: and it was only ten in all of baseball. Think 1427 01:07:28,400 --> 01:07:30,840 Speaker 2: about that, In all of baseball, there's only been ten 1428 01:07:31,760 --> 01:07:34,200 Speaker 2: and none in the World Series. So I was there 1429 01:07:35,040 --> 01:07:37,480 Speaker 2: on the sofa thinking, geez, I wonder what pressures on 1430 01:07:37,560 --> 01:07:39,400 Speaker 2: this guy. He's in the crowd, he's one. 1431 01:07:39,680 --> 01:07:42,920 Speaker 21: It's the most in any home it again in the 1432 01:07:43,080 --> 01:07:44,600 Speaker 21: game two? Was it on Sunday? 1433 01:07:44,720 --> 01:07:44,880 Speaker 18: Yes? 1434 01:07:44,920 --> 01:07:46,680 Speaker 2: It was any home it again? So there now too. 1435 01:07:46,800 --> 01:07:48,760 Speaker 2: Do you want a fund stat the people who lead 1436 01:07:48,880 --> 01:07:52,160 Speaker 2: the World Series to nil Game three today in New York, 1437 01:07:52,600 --> 01:07:54,720 Speaker 2: The people who lead the World Series to nil go 1438 01:07:54,840 --> 01:07:56,560 Speaker 2: on to win at eighty four percent of the time. 1439 01:07:57,520 --> 01:08:00,400 Speaker 21: Is this your new golf? For new and it's where 1440 01:08:00,400 --> 01:08:02,160 Speaker 21: you become fixated with something and watch it. 1441 01:08:02,480 --> 01:08:04,360 Speaker 2: No, I just happened to see it. I liked the Dodgers, 1442 01:08:04,400 --> 01:08:06,040 Speaker 2: and I saw him do it, and I thought, I 1443 01:08:06,160 --> 01:08:08,480 Speaker 2: wonder if this is historic? What has just happened in 1444 01:08:08,520 --> 01:08:09,720 Speaker 2: front of me? And sure enough it was. 1445 01:08:09,800 --> 01:08:11,920 Speaker 18: You'll see him. You'll see him out in the dadding cage. 1446 01:08:11,960 --> 01:08:15,000 Speaker 18: In a couple of days, there drew no help bashing 1447 01:08:15,080 --> 01:08:16,559 Speaker 18: a few balls into the stands. 1448 01:08:17,240 --> 01:08:19,519 Speaker 21: Yeah, yeah, and then and then in six months time 1449 01:08:19,600 --> 01:08:21,080 Speaker 21: he'll give it up and he'll tell us he could 1450 01:08:21,080 --> 01:08:24,200 Speaker 21: have made it to the MAK if he was younger, 1451 01:08:24,240 --> 01:08:24,920 Speaker 21: if he's taller. 1452 01:08:26,920 --> 01:08:29,360 Speaker 2: Tell you what, I was first base at Linwood High 1453 01:08:29,400 --> 01:08:36,240 Speaker 2: in the first one. That was easy, and I made 1454 01:08:36,280 --> 01:08:36,880 Speaker 2: the first one. 1455 01:08:36,960 --> 01:08:38,800 Speaker 21: Didn't they stick the real useless kids on? 1456 01:08:43,840 --> 01:08:48,080 Speaker 2: No they did not. Now, Guy Warner's captaincy being lifted, 1457 01:08:48,200 --> 01:08:49,519 Speaker 2: is that a thing or not? Really? 1458 01:08:50,840 --> 01:08:53,479 Speaker 18: Uh well, he's never going to play for Australia again 1459 01:08:53,520 --> 01:08:55,240 Speaker 18: in Test cricket, so I don't think. 1460 01:08:55,080 --> 01:09:00,200 Speaker 2: It doesn't really really mean much. Second question, the one 1461 01:09:00,320 --> 01:09:01,799 Speaker 2: hundred Do you know about the one hundred? 1462 01:09:03,479 --> 01:09:04,880 Speaker 21: What the one hundred are we talking about? 1463 01:09:05,040 --> 01:09:05,880 Speaker 2: Cricket England? 1464 01:09:06,160 --> 01:09:07,240 Speaker 18: Private in England? 1465 01:09:07,360 --> 01:09:07,559 Speaker 16: Yeah? 1466 01:09:08,120 --> 01:09:09,840 Speaker 2: Is that going to turn the game on its head 1467 01:09:09,960 --> 01:09:11,800 Speaker 2: given the amount of money. I'm just reading about it 1468 01:09:11,840 --> 01:09:13,920 Speaker 2: over the weekend and like all the leagues around the world, 1469 01:09:13,960 --> 01:09:16,880 Speaker 2: they think this potentially has got like no one will 1470 01:09:16,920 --> 01:09:18,400 Speaker 2: ever play for their country ever again. 1471 01:09:18,640 --> 01:09:19,960 Speaker 21: It's been going all while though. 1472 01:09:20,160 --> 01:09:22,240 Speaker 2: Yeah, no, no, no, it's getting the turbo charge with 1473 01:09:22,280 --> 01:09:22,599 Speaker 2: the money. 1474 01:09:24,800 --> 01:09:26,639 Speaker 18: I don't think so. I think I think the IPL 1475 01:09:26,720 --> 01:09:28,280 Speaker 18: will always be the one that will make the money 1476 01:09:28,320 --> 01:09:31,160 Speaker 18: and we'll get the players there. If there's enough money 1477 01:09:31,240 --> 01:09:34,120 Speaker 18: to pay these players, you know, money that the IPL 1478 01:09:34,360 --> 01:09:36,840 Speaker 18: is paying them, then of course it's going to drag 1479 01:09:36,960 --> 01:09:39,840 Speaker 18: some bigger stars there than it already has. But I 1480 01:09:39,920 --> 01:09:42,479 Speaker 18: think the IPL will still be number one. The big 1481 01:09:42,560 --> 01:09:45,600 Speaker 18: thing is how much is all of this in a 1482 01:09:46,040 --> 01:09:48,880 Speaker 18: heightened hundred How much is that going to impact the 1483 01:09:48,920 --> 01:09:51,840 Speaker 18: international game? Because it already has, but how much if 1484 01:09:51,880 --> 01:09:54,320 Speaker 18: they continue to just keep throwing more and more and 1485 01:09:54,479 --> 01:09:56,439 Speaker 18: more dollars at it, how much is it going to 1486 01:09:56,479 --> 01:09:57,559 Speaker 18: impact the international game? 1487 01:09:57,920 --> 01:10:01,920 Speaker 2: What the question Andrew Auckland deaf cea top of the 1488 01:10:02,000 --> 01:10:04,479 Speaker 2: table think about and right lost? 1489 01:10:05,400 --> 01:10:08,360 Speaker 21: Yeah? I mean, not only was that first game fantastic 1490 01:10:08,439 --> 01:10:12,759 Speaker 21: atmosphere and a good result given the team had barely 1491 01:10:12,840 --> 01:10:15,120 Speaker 21: played together, but then at the weekend they beat someone 1492 01:10:15,200 --> 01:10:19,880 Speaker 21: like Sydney FC. Look that they put on a good show. 1493 01:10:20,479 --> 01:10:24,320 Speaker 21: They're very fan focused and obviously if they keep winning, 1494 01:10:24,560 --> 01:10:27,800 Speaker 21: that will only boost attendances and boost interests. I think 1495 01:10:27,800 --> 01:10:30,360 Speaker 21: they've had a fantastic Startland Derby. 1496 01:10:30,439 --> 01:10:31,639 Speaker 18: This weekend they play the Phoenix. 1497 01:10:31,800 --> 01:10:34,840 Speaker 2: Yeah, that'll be huge, Although win, won't they. 1498 01:10:36,360 --> 01:10:36,599 Speaker 13: Wow? 1499 01:10:36,920 --> 01:10:38,840 Speaker 18: I don't know, but I'm more interested in to see that, 1500 01:10:39,000 --> 01:10:40,280 Speaker 18: the atmosphere and that sort of thing. 1501 01:10:40,280 --> 01:10:43,240 Speaker 2: I think they'll be where it is it Auckland or Wellington? 1502 01:10:43,520 --> 01:10:44,439 Speaker 18: I think it's Wellington. 1503 01:10:44,520 --> 01:10:45,960 Speaker 2: Yeah, we'll see. That's a shame they don't turn up 1504 01:10:46,000 --> 01:10:47,280 Speaker 2: in Wellington. That's the problem, isn't it? 1505 01:10:47,360 --> 01:10:48,479 Speaker 17: But I think they might for this. 1506 01:10:49,200 --> 01:10:50,479 Speaker 21: It up for this, I'd say, yep. 1507 01:10:50,920 --> 01:10:52,519 Speaker 2: If you're not going to turn up for a local derby, 1508 01:10:52,560 --> 01:10:54,200 Speaker 2: there's no point in having a local derby, is there. 1509 01:10:54,720 --> 01:10:55,719 Speaker 13: I'll really been going. 1510 01:10:55,560 --> 01:10:58,160 Speaker 21: Two games and I've got this fantastic section of of 1511 01:10:58,360 --> 01:11:02,800 Speaker 21: die hard fans already too light. Yeah, it's been quite 1512 01:11:02,840 --> 01:11:03,559 Speaker 21: a remarkable start. 1513 01:11:03,800 --> 01:11:06,400 Speaker 2: Real quick question for you guy, calm games? Can we 1514 01:11:06,520 --> 01:11:08,560 Speaker 2: be bothered on not ten sports? Give it up or 1515 01:11:08,640 --> 01:11:09,120 Speaker 2: keep it going? 1516 01:11:12,320 --> 01:11:13,160 Speaker 18: I'd say give it up? 1517 01:11:13,400 --> 01:11:16,800 Speaker 2: Okay, this, Andrew the irony veer mic. 1518 01:11:16,920 --> 01:11:19,120 Speaker 21: Is the sports that needed the most have been kicked out? 1519 01:11:19,920 --> 01:11:22,000 Speaker 21: I don't know that I would question this. 1520 01:11:23,120 --> 01:11:25,680 Speaker 2: Yeah, I think so too. So will officially kill it? 1521 01:11:25,720 --> 01:11:27,680 Speaker 2: Shall I just pass it on to the Olympic committee then? 1522 01:11:27,800 --> 01:11:28,000 Speaker 13: Yeah? 1523 01:11:29,479 --> 01:11:31,840 Speaker 2: Nice to see you guys have helped Andrew Sevil for 1524 01:11:31,840 --> 01:11:36,280 Speaker 2: another week. It is eight twenty two, the MIC hosting 1525 01:11:36,360 --> 01:11:40,720 Speaker 2: Breakfast with the range rover of the line US. No 1526 01:11:40,840 --> 01:11:44,000 Speaker 2: doubt low energy levels have a massive impact on everyday life, 1527 01:11:44,000 --> 01:11:45,360 Speaker 2: of course, but the biggest consumer with the lack of 1528 01:11:45,439 --> 01:11:48,040 Speaker 2: energy is loss of independence. Now About Health's renowned res 1529 01:11:48,160 --> 01:11:49,720 Speaker 2: V is going to be up to help. They got 1530 01:11:49,720 --> 01:11:53,720 Speaker 2: the beautifully formulated a combination there with the super antioxidants. 1531 01:11:53,760 --> 01:11:55,760 Speaker 2: You got your resvera troll, got your pine bark, your 1532 01:11:55,800 --> 01:11:58,600 Speaker 2: grape skin, extract, your green tea, your tumeric, and that 1533 01:11:58,720 --> 01:12:02,439 Speaker 2: supports the energy and vitality throughout the day so you 1534 01:12:02,479 --> 01:12:04,880 Speaker 2: can keep doing what you love. So feedback, plenty of feedback, 1535 01:12:04,880 --> 01:12:07,920 Speaker 2: always feedback. Lind says, I find at the age of 1536 01:12:08,000 --> 01:12:09,680 Speaker 2: eighty one that I keep good health and notice my 1537 01:12:09,800 --> 01:12:11,680 Speaker 2: energy levels when I take the Resbe Ultimate. I think 1538 01:12:11,680 --> 01:12:14,280 Speaker 2: we all do revitalized with Risbe Ultimate. Today, you call 1539 01:12:14,320 --> 01:12:17,360 Speaker 2: about Health eight hundred triple nine three oh nine online 1540 01:12:17,360 --> 01:12:19,880 Speaker 2: at about health dot co dot Nz three months supply 1541 01:12:20,240 --> 01:12:22,599 Speaker 2: order that and they'll send you a free one month 1542 01:12:22,640 --> 01:12:26,280 Speaker 2: supply of their sleep formula Lister's Nightcap, and that's valued 1543 01:12:26,280 --> 01:12:29,000 Speaker 2: at forty nine ninety five and they'll do that absolutely free. 1544 01:12:29,040 --> 01:12:31,559 Speaker 2: When you use the code breakfast, read the label take 1545 01:12:31,600 --> 01:12:34,200 Speaker 2: only as directive, but all the details from About Health 1546 01:12:34,320 --> 01:12:36,519 Speaker 2: on the phone at eight hundred triple nine three oh 1547 01:12:36,640 --> 01:12:40,120 Speaker 2: nine or online at about health dot co dot nz. 1548 01:12:41,240 --> 01:12:45,479 Speaker 2: Hosking Mike, I loved every seventy one lapse drama from 1549 01:12:45,520 --> 01:12:47,880 Speaker 2: the get go. At one point Liam was fourth, short 1550 01:12:47,920 --> 01:12:50,479 Speaker 2: lived but all good for him. Moving on yep. They 1551 01:12:50,560 --> 01:12:54,320 Speaker 2: move on to Brazil to the famous Interlagos. There's a 1552 01:12:55,040 --> 01:12:56,880 Speaker 2: week's break after that, and then they go to Las 1553 01:12:56,960 --> 01:12:59,040 Speaker 2: Vegas and then they wrap the season up a week 1554 01:12:59,080 --> 01:13:00,880 Speaker 2: after that. It's another tup headed with a couple of 1555 01:13:00,960 --> 01:13:03,360 Speaker 2: races in the Middle Eastern and there's a couple of 1556 01:13:03,400 --> 01:13:05,680 Speaker 2: sprint races to take care of as well. Mike, how 1557 01:13:05,760 --> 01:13:07,880 Speaker 2: many people at the Auckland FC game yesterday. I saw 1558 01:13:07,920 --> 01:13:10,920 Speaker 2: a little bit of it and I looked to me 1559 01:13:11,040 --> 01:13:12,760 Speaker 2: the same size or the same number of people who 1560 01:13:12,760 --> 01:13:14,200 Speaker 2: were there the week one and they claimed that it 1561 01:13:14,320 --> 01:13:16,519 Speaker 2: was a sellout. I'm not sure it was truly a sellout, 1562 01:13:16,560 --> 01:13:18,439 Speaker 2: but there were about twenty five thousand people in week one, 1563 01:13:18,479 --> 01:13:20,880 Speaker 2: so I'm guessing there's about twenty five thousand people in 1564 01:13:21,000 --> 01:13:23,439 Speaker 2: week two, which I would have thought relatively encouraging. And 1565 01:13:23,600 --> 01:13:25,920 Speaker 2: it will be with a local Wellington's always had this 1566 01:13:26,040 --> 01:13:30,320 Speaker 2: issue with it being not well supported by the fans 1567 01:13:30,439 --> 01:13:33,280 Speaker 2: or not as well hardcore but not the big numbers. 1568 01:13:33,320 --> 01:13:36,519 Speaker 2: By the way, the aforementioned baseball the most expensive ticket 1569 01:13:36,600 --> 01:13:39,519 Speaker 2: on average. As I mentioned Game three today, Yankees Dodgers 1570 01:13:39,640 --> 01:13:43,080 Speaker 2: in New York, first time in New York, and as 1571 01:13:43,120 --> 01:13:44,800 Speaker 2: I alluded to the other day, you can't get a 1572 01:13:45,080 --> 01:13:46,840 Speaker 2: better match up because you've got the two biggest cities 1573 01:13:46,880 --> 01:13:49,519 Speaker 2: in America East Coast, West Coast, New York versus Los Angeles. 1574 01:13:49,560 --> 01:13:52,320 Speaker 2: Blah blah blah. Average ticket price in the US dollars 1575 01:13:52,439 --> 01:13:56,559 Speaker 2: is seventeen hundred dollars, so say three thousand New Zealand. 1576 01:13:56,560 --> 01:14:00,639 Speaker 2: That's on the secondary market. That's broken records. Previous record 1577 01:14:00,840 --> 01:14:05,200 Speaker 2: was back in twenty sixteen. It's doubled last year's average. 1578 01:14:06,200 --> 01:14:08,800 Speaker 2: So you're paying big bucks to be amongst the crowd. 1579 01:14:09,640 --> 01:14:11,400 Speaker 2: News me in a couple of moments, there's a bloke 1580 01:14:11,439 --> 01:14:14,519 Speaker 2: of labor MP another one in the UK who was 1581 01:14:14,600 --> 01:14:17,640 Speaker 2: caught on camera beating up a person. Now call me 1582 01:14:17,720 --> 01:14:21,080 Speaker 2: old fashioned, but when you're an MP and in government, 1583 01:14:21,240 --> 01:14:23,800 Speaker 2: you don't go around beating up people and getting caught 1584 01:14:23,880 --> 01:14:26,880 Speaker 2: on camera. So we'll get the details from lot little shortly. 1585 01:14:28,760 --> 01:14:32,080 Speaker 1: Setting the news agenda and digging into the issues the 1586 01:14:32,320 --> 01:14:36,360 Speaker 1: Mike Hosking Breakfast with Bailey's real Estate, your local experts 1587 01:14:36,360 --> 01:14:39,200 Speaker 1: across residential, commercial and rural news togs. 1588 01:14:39,240 --> 01:14:41,840 Speaker 2: He'd be one of my inside sources in the world 1589 01:14:41,880 --> 01:14:44,680 Speaker 2: of motor racing, suggesting to me that Liam will be 1590 01:14:44,720 --> 01:14:49,519 Speaker 2: announced in the RB tonight for Brazil this coming weekend. 1591 01:14:50,160 --> 01:14:53,559 Speaker 2: Last time they were correct, so we'll see who see 1592 01:14:53,600 --> 01:14:55,120 Speaker 2: whether they're r at this time. Mike, I flew home 1593 01:14:55,120 --> 01:14:58,040 Speaker 2: from Honolulu yesterday. Oh my flight was an amazing anger 1594 01:14:58,080 --> 01:15:00,759 Speaker 2: lady by the name of Kaitline O'Reilly who was returning 1595 01:15:00,800 --> 01:15:03,160 Speaker 2: home after competing an amazing feat of being the youngest 1596 01:15:03,200 --> 01:15:06,720 Speaker 2: person age twenty to complete the Seven Seas challenge. That's 1597 01:15:06,760 --> 01:15:08,640 Speaker 2: going to be my sporting moment of the weekend. Look 1598 01:15:08,760 --> 01:15:10,360 Speaker 2: that one up and read more about it. Twenty three 1599 01:15:10,400 --> 01:15:11,599 Speaker 2: minutes away from nine. 1600 01:15:11,960 --> 01:15:15,920 Speaker 19: International correspondence with Insie Eye Insurance Peace of Mind for 1601 01:15:16,000 --> 01:15:16,840 Speaker 19: New Zealand Business. 1602 01:15:16,880 --> 01:15:18,840 Speaker 2: You're the manam United Kingdom. We go on a little 1603 01:15:18,880 --> 01:15:19,320 Speaker 2: morning to you. 1604 01:15:20,439 --> 01:15:22,200 Speaker 13: Good morning, Mike. Can you do it very well? 1605 01:15:22,240 --> 01:15:25,360 Speaker 2: Indeed, Sir this Amesbury was he a household name before 1606 01:15:25,400 --> 01:15:28,120 Speaker 2: he started beating people up and getting suspended. 1607 01:15:28,640 --> 01:15:31,400 Speaker 13: And nobody he is now, which is nice for him. 1608 01:15:32,080 --> 01:15:36,880 Speaker 13: He's shut in MP's since twenty seventeen for various little 1609 01:15:37,360 --> 01:15:42,880 Speaker 13: pockets of affluent Cheshire, the Weaver Valley and Runcorn. And 1610 01:15:43,320 --> 01:15:46,559 Speaker 13: it seems that he emerged from a pub and had 1611 01:15:46,600 --> 01:15:49,439 Speaker 13: an altercation with a man about a number of issues, 1612 01:15:49,520 --> 01:15:54,200 Speaker 13: including a local bridge closure and the winter fuel pavements, 1613 01:15:54,560 --> 01:15:59,040 Speaker 13: and apparently seemingly from nothing, he punched him in the 1614 01:15:59,120 --> 01:16:02,280 Speaker 13: face that stood over him, and continued to punch him 1615 01:16:02,280 --> 01:16:05,680 Speaker 13: while he was on the ground, and then returned as 1616 01:16:05,920 --> 01:16:09,479 Speaker 13: women intervened and said no, leave it out, leave it out, 1617 01:16:09,960 --> 01:16:12,479 Speaker 13: and so on. As you can imagine, he returned and 1618 01:16:12,600 --> 01:16:15,840 Speaker 13: said you'll not threaten your MP again, will you, and 1619 01:16:16,520 --> 01:16:23,280 Speaker 13: pointed his finger in very emotive footage. And Keir Starmer 1620 01:16:23,280 --> 01:16:27,160 Speaker 13: has suspended him from the Labor Party and said he 1621 01:16:27,280 --> 01:16:32,080 Speaker 13: found the footage shocking. It has to be said, one 1622 01:16:32,439 --> 01:16:35,880 Speaker 13: tiny little bit of mitigation which may come out. You 1623 01:16:35,960 --> 01:16:41,760 Speaker 13: don't know that a bloke was jailed a couple of 1624 01:16:41,840 --> 01:16:48,439 Speaker 13: years ago for stalking Mike Hainesbury and was clearly a 1625 01:16:48,600 --> 01:16:51,760 Speaker 13: threat to Mike Cainsbury. And it may be that this 1626 01:16:51,960 --> 01:16:54,080 Speaker 13: was all in the back of his mind, But why 1627 01:16:54,240 --> 01:16:58,840 Speaker 13: I am bothering to fabricate excuses for the suggery of 1628 01:16:58,960 --> 01:17:02,080 Speaker 13: the Labor Party? No, Mike, but there we are. 1629 01:17:02,360 --> 01:17:05,000 Speaker 2: Have we heard from mister Ramsbury in anyway, shape or 1630 01:17:05,040 --> 01:17:08,360 Speaker 2: form by a lawyer or an apology or both or. 1631 01:17:09,000 --> 01:17:12,120 Speaker 13: No, certainly not an apology. All we've heard is I 1632 01:17:12,240 --> 01:17:16,360 Speaker 13: felt I was threatened on the streets of this particular 1633 01:17:16,479 --> 01:17:20,599 Speaker 13: town in Cheshire and reacted. But there's been nothing more 1634 01:17:20,680 --> 01:17:20,920 Speaker 13: than that. 1635 01:17:22,200 --> 01:17:24,679 Speaker 2: What happened to literally? I mean one of the rules 1636 01:17:24,720 --> 01:17:26,519 Speaker 2: we have, I think from memory of making this up, 1637 01:17:26,600 --> 01:17:28,840 Speaker 2: it's about two years? Have you sentenced to two years 1638 01:17:28,960 --> 01:17:32,280 Speaker 2: or more in jail? You're no longer an MP? What 1639 01:17:32,720 --> 01:17:35,120 Speaker 2: happens in Britain? Presumably they don't want him back, do they? 1640 01:17:35,280 --> 01:17:38,080 Speaker 13: Or do they? They don't want him back, but this 1641 01:17:38,240 --> 01:17:41,479 Speaker 13: course is a problem for them because there is no 1642 01:17:42,000 --> 01:17:45,200 Speaker 13: real means of getting rid of him, especially as they've 1643 01:17:45,280 --> 01:17:46,960 Speaker 13: kicked him out of the Labor Party. Is now an 1644 01:17:47,000 --> 01:17:51,439 Speaker 13: independent MP, and therefore they can't reselect him because he 1645 01:17:51,680 --> 01:17:55,080 Speaker 13: is the MP, and they can put another candle up 1646 01:17:55,080 --> 01:17:59,040 Speaker 13: against him, but there's five years to wait until that 1647 01:17:59,200 --> 01:18:02,960 Speaker 13: comes about. And we've seen that before always with Labor MPs. 1648 01:18:04,560 --> 01:18:06,560 Speaker 13: I forget the name of the woman who it was 1649 01:18:06,640 --> 01:18:10,080 Speaker 13: who was suspended having been found guilty in a court 1650 01:18:10,160 --> 01:18:15,559 Speaker 13: of law of perverting the course of justice. I think 1651 01:18:15,600 --> 01:18:20,400 Speaker 13: it was. And she remained in office cheerfully enough for 1652 01:18:20,520 --> 01:18:22,600 Speaker 13: three years and there was nothing Labour could do to 1653 01:18:22,680 --> 01:18:23,200 Speaker 13: get rid of her. 1654 01:18:23,360 --> 01:18:27,120 Speaker 2: Wow, the budget, I mean, this is a distraction they 1655 01:18:27,160 --> 01:18:30,559 Speaker 2: don't need, of course. Is it possible, let me pose 1656 01:18:30,640 --> 01:18:33,320 Speaker 2: this one to you. Is it possible that the Labor 1657 01:18:33,400 --> 01:18:36,880 Speaker 2: Party Labor government have laid the budget on so thick 1658 01:18:37,520 --> 01:18:39,800 Speaker 2: that what has announced isn't quite as bad as they've 1659 01:18:39,800 --> 01:18:40,479 Speaker 2: made it out to be. 1660 01:18:41,640 --> 01:18:45,639 Speaker 13: I think that's almost certainly right. Certainly from a personal 1661 01:18:45,840 --> 01:18:48,160 Speaker 13: point of view, I'm very much hoping that that's what 1662 01:18:48,280 --> 01:18:52,679 Speaker 13: they've done, because you may have seen stories about people 1663 01:18:52,720 --> 01:18:56,320 Speaker 13: fleeing the country rather like the last helicopter out of 1664 01:18:56,439 --> 01:19:01,439 Speaker 13: Psichon and the latest rob we had the the quite 1665 01:19:01,560 --> 01:19:06,280 Speaker 13: famous and slightly irritating I have to say, Pimlico Plumbers Company. 1666 01:19:07,280 --> 01:19:11,280 Speaker 13: Who it's a huge chain of plumbers operating in London. 1667 01:19:12,560 --> 01:19:17,200 Speaker 2: The main guy I've forgotten this af forgot it or something, 1668 01:19:17,280 --> 01:19:17,560 Speaker 2: isn't it. 1669 01:19:17,960 --> 01:19:20,240 Speaker 13: Yeah, that's right, And he was he was very very 1670 01:19:20,400 --> 01:19:26,000 Speaker 13: vocal for example during the Brexit debate where he said, 1671 01:19:26,960 --> 01:19:30,840 Speaker 13: you know, if if if we left, he'd be leaving 1672 01:19:30,920 --> 01:19:34,320 Speaker 13: as well. He was very very much against it. But 1673 01:19:35,040 --> 01:19:40,200 Speaker 13: Charlie Mullins, right, Charlie, anyways, the hell we could just 1674 01:19:40,280 --> 01:19:45,640 Speaker 13: buy mat where where I find that the that the 1675 01:19:45,760 --> 01:19:52,639 Speaker 13: local wages are quite low for for blue collar jobs 1676 01:19:53,120 --> 01:19:56,240 Speaker 13: out there, So yeah, you may be right, you may 1677 01:19:56,320 --> 01:19:58,479 Speaker 13: be right, and certainly that's what a lot of people 1678 01:19:58,520 --> 01:20:01,040 Speaker 13: are hoping. There is no doubt it's going to hurt 1679 01:20:01,080 --> 01:20:01,360 Speaker 13: a bit. 1680 01:20:01,920 --> 01:20:05,120 Speaker 2: How big a deal? Let me ask you this, how 1681 01:20:05,160 --> 01:20:07,000 Speaker 2: big a deal in the wonderful world of football? It's 1682 01:20:07,040 --> 01:20:08,280 Speaker 2: not your team, and I don't think is a But 1683 01:20:08,600 --> 01:20:10,400 Speaker 2: when Erica I saw Eric in the beck of an 1684 01:20:10,520 --> 01:20:12,720 Speaker 2: s class Mersides going out to an airport to catch 1685 01:20:12,760 --> 01:20:16,280 Speaker 2: a private playing back to the Netherlands his second tin 1686 01:20:16,439 --> 01:20:18,360 Speaker 2: hag second, how big a deal is that? In the 1687 01:20:18,400 --> 01:20:19,360 Speaker 2: world of football today? 1688 01:20:20,320 --> 01:20:24,479 Speaker 13: I think Eric sucking is kind of I mean, I've 1689 01:20:24,520 --> 01:20:27,200 Speaker 13: been writing about it for for weeks in a sports column. 1690 01:20:27,240 --> 01:20:27,439 Speaker 16: I do. 1691 01:20:30,000 --> 01:20:33,720 Speaker 13: It's hard to know when the final straw came. But 1692 01:20:34,240 --> 01:20:37,720 Speaker 13: we now go into Manchester United games looking at the 1693 01:20:38,400 --> 01:20:40,320 Speaker 13: game and saying they're probably not even going to get 1694 01:20:40,320 --> 01:20:43,200 Speaker 13: a point out of this, and that is exactly the case. 1695 01:20:44,400 --> 01:20:48,640 Speaker 13: They are lying well below mid table. There are a 1696 01:20:48,680 --> 01:20:52,320 Speaker 13: few healthy points above the relegation zone, but it's nowhere 1697 01:20:52,479 --> 01:20:55,719 Speaker 13: near what they where they should be. That being said, 1698 01:20:56,000 --> 01:21:02,560 Speaker 13: Manchester United have been ruled badly and sometimes ineptly, to 1699 01:21:02,680 --> 01:21:07,320 Speaker 13: an extraordinary degree ever since Alex Ferguson left. Yeah, they 1700 01:21:07,360 --> 01:21:08,880 Speaker 13: have never hit those heights again. 1701 01:21:09,080 --> 01:21:11,000 Speaker 2: No, indeed, all right mate, we'll catch up on Thursday, 1702 01:21:11,000 --> 01:21:13,200 Speaker 2: appreciate it as always the other day after budget day? 1703 01:21:15,760 --> 01:21:18,160 Speaker 2: Can we say here we've got on visa be the 1704 01:21:18,200 --> 01:21:20,000 Speaker 2: budget or not? Is it a bit early to say that? 1705 01:21:22,080 --> 01:21:25,080 Speaker 2: A bit early? Okay, I'd like to be okay, just 1706 01:21:25,160 --> 01:21:27,160 Speaker 2: for the record, I'd like to personally, I'd like to 1707 01:21:27,200 --> 01:21:28,400 Speaker 2: be able to tell you who we've got on. 1708 01:21:28,720 --> 01:21:32,400 Speaker 7: We're trying to create sizz around somebody covering the UK budget. 1709 01:21:33,320 --> 01:21:34,880 Speaker 2: Yeah, well no, I've got a good name for it, 1710 01:21:35,080 --> 01:21:36,519 Speaker 2: that's all. If I gave you the name, you go, 1711 01:21:36,640 --> 01:21:39,760 Speaker 2: oh yeah, okay, yeah, no, no, no, no, no, fair enough, 1712 01:21:39,960 --> 01:21:43,799 Speaker 2: that's what would happen. But I've been prevented. Tommy Robinson, 1713 01:21:43,840 --> 01:21:47,400 Speaker 2: by the way, his real name is Stephen Yaxley Lennon 1714 01:21:47,960 --> 01:21:49,760 Speaker 2: he's sort of one of those things who causes a 1715 01:21:49,800 --> 01:21:52,320 Speaker 2: lot of trouble online and stuff like that. Anyway, he's 1716 01:21:52,360 --> 01:21:55,200 Speaker 2: been banged up ten breeches of a High court order 1717 01:21:55,760 --> 01:21:59,400 Speaker 2: barring him from repeating libelous allegations against the Syrian that 1718 01:21:59,479 --> 01:22:02,320 Speaker 2: he had be worth anyways, been banged up for eighteen months. 1719 01:22:02,400 --> 01:22:04,720 Speaker 2: So he's back. And I note with interest and an 1720 01:22:04,760 --> 01:22:08,640 Speaker 2: element of sadness, that all five one Direction albums have 1721 01:22:08,760 --> 01:22:12,559 Speaker 2: returned to the top forty. There's been a five hundred 1722 01:22:12,560 --> 01:22:15,960 Speaker 2: and seventeen percent week on week increase in sales and 1723 01:22:16,080 --> 01:22:21,240 Speaker 2: streams since Liam found his way off the balcony in 1724 01:22:21,360 --> 01:22:23,960 Speaker 2: South America. And I can't help it. The sadness is 1725 01:22:24,200 --> 01:22:27,600 Speaker 2: I mean, obviously that he's dead, but the money, the 1726 01:22:27,680 --> 01:22:30,560 Speaker 2: clipping of the ticket, I think almost certainly will be 1727 01:22:30,600 --> 01:22:34,400 Speaker 2: going to mister Simon cowb And so it seems someone 1728 01:22:34,479 --> 01:22:38,839 Speaker 2: ironic that tragedy leads to greater riches. Eight forty five. 1729 01:22:40,320 --> 01:22:44,719 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, powered 1730 01:22:44,760 --> 01:22:46,320 Speaker 1: by News Talks at be Mike. 1731 01:22:46,360 --> 01:22:47,880 Speaker 2: You don't get rich working nine to five. You get 1732 01:22:47,960 --> 01:22:50,439 Speaker 2: rich by being like Simon cal and having others work 1733 01:22:50,479 --> 01:22:53,000 Speaker 2: for you. Yeah, that's parts true, but I was sort 1734 01:22:53,040 --> 01:22:56,080 Speaker 2: of in my sort of strange hope that there would 1735 01:22:56,120 --> 01:22:59,120 Speaker 2: be some sort of charity announcement, as in, like all 1736 01:22:59,200 --> 01:23:01,040 Speaker 2: the money raised in the last couple of weeks goes 1737 01:23:01,080 --> 01:23:03,960 Speaker 2: to ex charity or something like that. Mike, did you 1738 01:23:04,000 --> 01:23:05,520 Speaker 2: watch the Rogan Trump podcast? 1739 01:23:05,720 --> 01:23:05,880 Speaker 23: Yes? 1740 01:23:05,960 --> 01:23:09,559 Speaker 2: And no obviously not three hours. No, No one's got 1741 01:23:09,720 --> 01:23:13,320 Speaker 2: three hours to watch or listen coming earlier on. I 1742 01:23:13,479 --> 01:23:17,679 Speaker 2: did watch, funnily enough, the thing at Madison Square Garden yesterday, 1743 01:23:18,360 --> 01:23:21,080 Speaker 2: and I mentioned it earlier on. But my interest was 1744 01:23:21,240 --> 01:23:23,640 Speaker 2: that it was it was I can't work out what 1745 01:23:23,720 --> 01:23:28,280 Speaker 2: they're for, because at this point in the campaign, surely 1746 01:23:28,439 --> 01:23:31,000 Speaker 2: everybody's made up their mind one way or the other. 1747 01:23:31,120 --> 01:23:33,560 Speaker 2: Either you're voting for Harris, you're voting for Trump, or 1748 01:23:33,600 --> 01:23:36,240 Speaker 2: you're not voting at all and going along. And I 1749 01:23:36,320 --> 01:23:39,120 Speaker 2: mentioned a reporter I saw had queued for four hours 1750 01:23:39,720 --> 01:23:42,280 Speaker 2: to arrive three hours early to watch the thing for 1751 01:23:42,360 --> 01:23:45,599 Speaker 2: two hours, so nine hours that you spent in Madison 1752 01:23:45,640 --> 01:23:48,800 Speaker 2: Square Garden. And for what I mean as a show, 1753 01:23:49,240 --> 01:23:52,240 Speaker 2: it was boring is all. There was nothing about it 1754 01:23:52,320 --> 01:23:56,080 Speaker 2: that was entertaining. It was nothing new, It wasn't particularly 1755 01:23:56,160 --> 01:23:57,880 Speaker 2: any more or less relevant than anything else. 1756 01:23:57,800 --> 01:23:59,120 Speaker 7: You had, You mean, you needed to tell you my 1757 01:23:59,240 --> 01:24:02,040 Speaker 7: whole Hogan ripping off and singular to reveal another single. 1758 01:24:02,240 --> 01:24:04,360 Speaker 2: Because I've seen that before, and that was an old 1759 01:24:04,400 --> 01:24:10,320 Speaker 2: act and the comedian clearly wasn't funny, and Giuliani wasn't interesting. 1760 01:24:11,520 --> 01:24:14,519 Speaker 7: You didn't find a comedian describing Puerto Rico as an 1761 01:24:14,600 --> 01:24:15,719 Speaker 7: island of garbage funny. 1762 01:24:15,920 --> 01:24:20,719 Speaker 2: I did not know. And Tucker Carlson seemed literally insane. 1763 01:24:21,800 --> 01:24:23,960 Speaker 2: And so just look at go back to look at 1764 01:24:24,000 --> 01:24:24,719 Speaker 2: Tucker Carlson. 1765 01:24:25,439 --> 01:24:26,800 Speaker 7: Just look at it. You don't even have to listen. 1766 01:24:28,880 --> 01:24:31,040 Speaker 2: Look at the way he talks and moves his head. 1767 01:24:31,120 --> 01:24:32,880 Speaker 7: You know, we come at the frog starts waving his 1768 01:24:33,040 --> 01:24:35,120 Speaker 7: arms all around the place. And if I. 1769 01:24:35,720 --> 01:24:39,160 Speaker 2: Would have been prepared personally, five minute Q pop in 1770 01:24:39,240 --> 01:24:41,120 Speaker 2: half an hour before the show, get a beer and 1771 01:24:41,240 --> 01:24:43,599 Speaker 2: go let's see what this is all about. But nine hours, 1772 01:24:44,040 --> 01:24:46,600 Speaker 2: there is no amount of anything that he could have 1773 01:24:46,720 --> 01:24:50,560 Speaker 2: delivered that would have justified my presence there with me 1774 01:24:50,720 --> 01:24:53,439 Speaker 2: walking away going that was an historic moment, or I've 1775 01:24:53,560 --> 01:24:55,599 Speaker 2: changed my mind on the vote, or I am now 1776 01:24:55,720 --> 01:24:59,160 Speaker 2: going to vote because of that. Nothing. There was nothing there. 1777 01:25:00,040 --> 01:25:02,120 Speaker 2: So I just wonder what the point is short of 1778 01:25:02,400 --> 01:25:05,000 Speaker 2: providing material yet again for the media to go. And 1779 01:25:05,080 --> 01:25:07,160 Speaker 2: Trump was in New York, and Harris was in Michigan, 1780 01:25:07,560 --> 01:25:10,240 Speaker 2: and then Trump was in Pennsylvania, and Harrison was in Wisconsin, 1781 01:25:10,560 --> 01:25:15,720 Speaker 2: and Trump was in Arizona today and ten minutes away 1782 01:25:15,720 --> 01:25:17,280 Speaker 2: from nine the. 1783 01:25:17,400 --> 01:25:21,080 Speaker 10: Myke Hosty Racist with Bailey's Real Estate hughs talk CV 1784 01:25:22,439 --> 01:25:25,040 Speaker 10: Seeing the Apprentice movie Micah five star movie of Trump's 1785 01:25:25,040 --> 01:25:27,840 Speaker 10: start and building his empire, great acting, highly recommended, Grahame. 1786 01:25:27,880 --> 01:25:30,720 Speaker 2: We featured the promo a week or so back on 1787 01:25:30,760 --> 01:25:32,519 Speaker 2: the program. My sister in law's seen it, but I 1788 01:25:32,640 --> 01:25:35,080 Speaker 2: understand at this present point in time it's only in theaters. 1789 01:25:35,200 --> 01:25:37,040 Speaker 2: I think I'm correct in saying she said it was good. 1790 01:25:37,080 --> 01:25:39,080 Speaker 2: It's getting quite a good review, quite a good buzz. 1791 01:25:39,560 --> 01:25:42,519 Speaker 2: The guy who plays Trump's very good. And I will 1792 01:25:42,600 --> 01:25:44,960 Speaker 2: see it, but I don't go to movie, so when 1793 01:25:45,000 --> 01:25:47,519 Speaker 2: it comes to a streaming service near me, I will 1794 01:25:47,600 --> 01:25:50,360 Speaker 2: be availing myself of the opportunity. Mike, are we or 1795 01:25:50,439 --> 01:25:52,639 Speaker 2: are be sure that Lawson's a better driver than Yuki? Well, 1796 01:25:52,640 --> 01:25:57,120 Speaker 2: certainly up to yesterday, we are, because I I don't 1797 01:25:57,120 --> 01:25:59,400 Speaker 2: know if you saw Yuki yesterday, but he didn't get 1798 01:25:59,439 --> 01:26:03,679 Speaker 2: past the first straight away, he drove about five hundred 1799 01:26:03,760 --> 01:26:10,519 Speaker 2: meters and crashed. So yep, I reckon Liam probably on 1800 01:26:10,600 --> 01:26:12,360 Speaker 2: the day if you're in fact. Even though it went 1801 01:26:12,360 --> 01:26:15,400 Speaker 2: wrong for Liam with Colopinto, Liam was the second most 1802 01:26:15,400 --> 01:26:18,120 Speaker 2: successful Red Bull driver because he beat Perez and he 1803 01:26:18,200 --> 01:26:21,519 Speaker 2: beat Yuki. So job number one beat Yuki, job number 1804 01:26:21,560 --> 01:26:24,800 Speaker 2: two beat Perez. So job done, Mike, I reckon Max 1805 01:26:24,880 --> 01:26:26,599 Speaker 2: wants Liam as his team made. As soon as Liam 1806 01:26:26,640 --> 01:26:29,560 Speaker 2: pass Sujio, it was all over. So yeah, and do 1807 01:26:29,760 --> 01:26:32,080 Speaker 2: understand the Sugio thing and some of the media. What 1808 01:26:32,200 --> 01:26:34,080 Speaker 2: I'm loving about the local media in this country at 1809 01:26:34,120 --> 01:26:36,759 Speaker 2: the moment, by the way, is suddenly they've all become 1810 01:26:36,880 --> 01:26:39,479 Speaker 2: fascinated with F one a all of a sudden, having 1811 01:26:39,560 --> 01:26:43,160 Speaker 2: ignored it for years and not having the slightest idea 1812 01:26:43,280 --> 01:26:46,200 Speaker 2: what a nose cone is from an exhaust pipe. Suddenly 1813 01:26:46,280 --> 01:26:48,640 Speaker 2: it's left, right and center coverage. But do understand that 1814 01:26:48,680 --> 01:26:50,599 Speaker 2: when they were trying to make something of the Perez 1815 01:26:50,680 --> 01:26:54,880 Speaker 2: thing yesterday. Perez is a man under tremendous pressure, and 1816 01:26:55,000 --> 01:26:57,000 Speaker 2: he's got a twenty two to twenty three year old 1817 01:26:57,439 --> 01:27:00,840 Speaker 2: up his tailpipe about to take his job. Things are angsty, 1818 01:27:00,880 --> 01:27:02,599 Speaker 2: and that's where a lot of that comes from, of course, 1819 01:27:02,840 --> 01:27:03,599 Speaker 2: five Away from. 1820 01:27:03,560 --> 01:27:08,880 Speaker 14: Nine trending now with Chemist Wells keeping Kiwi's healthy. 1821 01:27:08,800 --> 01:27:09,559 Speaker 17: All year round. 1822 01:27:09,680 --> 01:27:13,240 Speaker 2: I got Apple News. We've got some Apple Intelligence being 1823 01:27:13,360 --> 01:27:16,360 Speaker 2: rolled out today. So you need the right device. Unfortunately, 1824 01:27:16,479 --> 01:27:19,280 Speaker 2: so to get the Apple Intelligence, you need to have 1825 01:27:19,520 --> 01:27:25,120 Speaker 2: the latest iPhone or iPad or or the all new iMac. 1826 01:27:25,320 --> 01:27:28,400 Speaker 26: The new iMac features a fresh new set of beautiful colors. 1827 01:27:28,800 --> 01:27:32,160 Speaker 26: It has even more performance and with Apple Intelligence, it's 1828 01:27:32,200 --> 01:27:33,879 Speaker 26: the world's best on in one. 1829 01:27:33,760 --> 01:27:35,759 Speaker 7: For AI one for AI. 1830 01:27:36,640 --> 01:27:41,120 Speaker 2: So the new iMac much faster, more powerful. But as 1831 01:27:41,439 --> 01:27:46,120 Speaker 2: as my kermit esque friend alluded to some colors, it 1832 01:27:46,160 --> 01:27:46,479 Speaker 2: comes in. 1833 01:27:46,479 --> 01:27:49,080 Speaker 26: A parade of new and playful colors that are more 1834 01:27:49,120 --> 01:27:52,160 Speaker 26: beautiful than ever. And it's so much fun to pick 1835 01:27:52,240 --> 01:27:54,479 Speaker 26: the color that matches your vived and add a pop 1836 01:27:54,560 --> 01:27:56,559 Speaker 26: a personality to your home or work speed. 1837 01:27:57,120 --> 01:28:00,439 Speaker 2: Honestly, do they can you? There must be apartment they 1838 01:28:00,479 --> 01:28:03,360 Speaker 2: sit there. If I say a pop of personality, do 1839 01:28:03,560 --> 01:28:04,840 Speaker 2: I come across as a dick? 1840 01:28:05,560 --> 01:28:05,600 Speaker 9: No? 1841 01:28:06,439 --> 01:28:07,559 Speaker 2: Not even a little bit. 1842 01:28:08,040 --> 01:28:10,160 Speaker 7: Well, I can think we know what color matches. 1843 01:28:09,880 --> 01:28:17,600 Speaker 2: Your vibe, green, orange, pink, purple, blue, silver, and yellow. No, 1844 01:28:19,320 --> 01:28:22,800 Speaker 2: not yellow, depends what sort of yellow it is. 1845 01:28:22,920 --> 01:28:24,800 Speaker 7: No, it doesn't. Nobody wants yellow. 1846 01:28:25,160 --> 01:28:27,320 Speaker 2: But well, sales would tell you that, wouldn't they wouldn't 1847 01:28:27,320 --> 01:28:28,760 Speaker 2: they be able to go that we made ten million 1848 01:28:28,840 --> 01:28:31,720 Speaker 2: iMacs and two people bought yellow, and therefore let's dump 1849 01:28:31,720 --> 01:28:34,080 Speaker 2: the yellow. Isn't that what they do with cars? Now 1850 01:28:34,120 --> 01:28:37,880 Speaker 2: here's my question. You can pre order your iMac at 1851 01:28:37,920 --> 01:28:40,000 Speaker 2: twenty four hundred and ninety nine dollars. That strikes me 1852 01:28:40,040 --> 01:28:43,360 Speaker 2: as a reasonable price because I think a little eyepad 1853 01:28:43,960 --> 01:28:46,200 Speaker 2: you can pay just as much, can't you, Well, you. 1854 01:28:46,280 --> 01:28:48,520 Speaker 7: Can, It depends how much storage. 1855 01:28:48,600 --> 01:28:52,400 Speaker 2: And yeah, pad for Mac, Pad for Mac Max seems 1856 01:28:52,439 --> 01:28:54,160 Speaker 2: a bitter bang for buck than a Mac. 1857 01:28:54,280 --> 01:28:56,799 Speaker 7: Well, you do get a beautiful large, yeah. 1858 01:28:57,360 --> 01:29:00,120 Speaker 2: Big screen, big screen with a big keyboard. 1859 01:28:59,720 --> 01:29:02,800 Speaker 7: And look important and the color that matches your vibe 1860 01:29:02,920 --> 01:29:03,400 Speaker 7: and a. 1861 01:29:03,560 --> 01:29:06,320 Speaker 2: Little popper personality or popper color and what anyway, if 1862 01:29:06,360 --> 01:29:09,280 Speaker 2: you want to order any of that, it's in stores 1863 01:29:09,600 --> 01:29:12,720 Speaker 2: Friday week, that's this coming Friday, the Friday after this 1864 01:29:12,880 --> 01:29:14,640 Speaker 2: coming Friday. But if you had AI, but. 1865 01:29:14,680 --> 01:29:16,160 Speaker 7: You can pre order it now on the website. 1866 01:29:16,240 --> 01:29:20,880 Speaker 2: Can your boots fantastic? Anyway? Back tomorrow morning, Wednesday morning, 1867 01:29:20,920 --> 01:29:24,599 Speaker 2: already see how short week works. Fantastic as always Happy Days. 1868 01:29:26,320 --> 01:29:29,200 Speaker 1: For more from the mic Asking Breakfast, listen live to 1869 01:29:29,320 --> 01:29:32,400 Speaker 1: news talks it'd be from six am weekdays, or follow 1870 01:29:32,439 --> 01:29:33,960 Speaker 1: the podcast on iHeartRadio