1 00:00:00,280 --> 00:00:03,520 Speaker 1: New Zealand's home for trusted news and views. 2 00:00:03,760 --> 00:00:08,440 Speaker 2: The Mike Hosking Breakfast with Rainthrover, Leading by Example, news Togs, 3 00:00:08,480 --> 00:00:10,040 Speaker 2: Dead Bull and Welcome Today. 4 00:00:10,080 --> 00:00:12,320 Speaker 3: The Commissioner and the Policeman Stern the Phillip's Case. So 5 00:00:12,360 --> 00:00:15,159 Speaker 3: Brian Roche, Public Services Commissioner on his ongoing battle of 6 00:00:15,240 --> 00:00:17,919 Speaker 3: the education unions. Are good news from the super Fun 7 00:00:18,000 --> 00:00:21,520 Speaker 3: good news of euro Renter Catherine Field? Are the votes 8 00:00:21,560 --> 00:00:24,119 Speaker 3: gone badly? So we need a new government? Rod Liddell 9 00:00:24,160 --> 00:00:28,280 Speaker 3: checks in from the UK, asking it is seven pass six, 10 00:00:28,320 --> 00:00:29,880 Speaker 3: so tell you what I'd like to think. In fact, 11 00:00:29,920 --> 00:00:32,479 Speaker 3: we should all thank Kelly Echoldt, sometime participant on the 12 00:00:32,479 --> 00:00:34,680 Speaker 3: show most of the time economists at Westpac for us 13 00:00:34,720 --> 00:00:37,680 Speaker 3: thinking around the future of the Reserve Bank. As I've 14 00:00:37,720 --> 00:00:40,279 Speaker 3: said many many times, if one good thing came out 15 00:00:40,320 --> 00:00:42,680 Speaker 3: of COVID, it put the Reserve Bank its role and 16 00:00:42,760 --> 00:00:45,120 Speaker 3: influence front end center for many more of us that 17 00:00:45,200 --> 00:00:47,879 Speaker 3: may never really have paid attention to its workings and 18 00:00:47,920 --> 00:00:50,960 Speaker 3: its ability to shape everyday aspects of our lives. Eckold 19 00:00:51,000 --> 00:00:54,160 Speaker 3: suggests the new governor put the inflation target a little 20 00:00:54,160 --> 00:00:56,600 Speaker 3: bit higher than the one point three percent historically we 21 00:00:56,600 --> 00:00:58,600 Speaker 3: said at about two and a half percent, so chasing 22 00:00:58,680 --> 00:01:01,000 Speaker 3: less than that and have a lot of effects you 23 00:01:01,040 --> 00:01:04,160 Speaker 3: may or may not want do Remember some inflation's good. 24 00:01:04,200 --> 00:01:06,319 Speaker 3: You actually want inflation, you just don't want the amount 25 00:01:06,360 --> 00:01:08,240 Speaker 3: we've had, and you want it produced from growth, not 26 00:01:08,360 --> 00:01:10,840 Speaker 3: just the cost plus accounting from councils and power companies. 27 00:01:11,120 --> 00:01:14,360 Speaker 3: More importantly for me is the public accountability. He speaks of. 28 00:01:14,400 --> 00:01:17,560 Speaker 3: The quickly or debarcle shows you what can go on 29 00:01:17,880 --> 00:01:20,720 Speaker 3: if public disclosure is not as fulsome as it could be. 30 00:01:20,920 --> 00:01:25,400 Speaker 3: Echold wants the Monetary Committee vote made public good idea, 31 00:01:25,480 --> 00:01:28,240 Speaker 3: So it should be. It's not often there's a divergence, 32 00:01:28,240 --> 00:01:29,959 Speaker 3: but there has been lately, in fact, in the last 33 00:01:29,959 --> 00:01:31,880 Speaker 3: statement and involved the vote of four to two. They've 34 00:01:31,920 --> 00:01:34,679 Speaker 3: never had that happen before four to two. So why 35 00:01:34,680 --> 00:01:36,600 Speaker 3: don't we know who they were and what they said? Well, 36 00:01:36,840 --> 00:01:39,039 Speaker 3: the rules as they stand mean a person on the 37 00:01:39,040 --> 00:01:41,560 Speaker 3: committee can indeed out themselves. But you will notice from 38 00:01:41,640 --> 00:01:44,800 Speaker 3: last time no one did. Why not next time? A 39 00:01:44,800 --> 00:01:47,480 Speaker 3: press conference should be held after each meeting, not just 40 00:01:47,520 --> 00:01:49,840 Speaker 3: the ones that produce a cash right call good idea. 41 00:01:49,960 --> 00:01:52,200 Speaker 3: I cannot and I know I'm a wonk, but I 42 00:01:52,320 --> 00:01:55,600 Speaker 3: cannot press enough the value of watching these things live, 43 00:01:55,720 --> 00:01:58,520 Speaker 3: not just the Reserve Bank but politicians who these days, 44 00:01:58,520 --> 00:02:01,480 Speaker 3: thanks to digital coverage place like the Herald run them 45 00:02:01,480 --> 00:02:03,520 Speaker 3: in full routine them I mean Peter's over the weekend 46 00:02:03,560 --> 00:02:05,360 Speaker 3: spoke for an excess of an hour. It was an 47 00:02:05,400 --> 00:02:07,960 Speaker 3: interesting watch. The irony of that is you would be 48 00:02:08,120 --> 00:02:11,040 Speaker 3: amazed what you learn as opposed to what you may 49 00:02:11,120 --> 00:02:13,080 Speaker 3: or may not learn from a news bullet and edited 50 00:02:13,120 --> 00:02:15,240 Speaker 3: and often curtailed to a point of nonsense later in 51 00:02:15,240 --> 00:02:17,799 Speaker 3: the day. The best example on an ongoing basis of 52 00:02:17,880 --> 00:02:20,320 Speaker 3: the Prime ministerial press conference on a Monday after cabinet 53 00:02:20,400 --> 00:02:22,399 Speaker 3: yesterday was a good example, went for about forty five 54 00:02:22,440 --> 00:02:24,960 Speaker 3: to fifty minutes. It was interesting. So more press is 55 00:02:25,000 --> 00:02:28,760 Speaker 3: more transparency, which is more detailed, more sunlike, more inquisition, 56 00:02:28,880 --> 00:02:32,360 Speaker 3: more knowledge. What possibly could the Reserve Bank argue is 57 00:02:32,400 --> 00:02:32,960 Speaker 3: wrong with that? 58 00:02:33,800 --> 00:02:38,040 Speaker 1: Wow, News of the world in ninety second time. 59 00:02:37,840 --> 00:02:39,920 Speaker 3: In France, as the PM tries one last time to 60 00:02:39,919 --> 00:02:42,280 Speaker 3: convince his colleagues living within new means is not a 61 00:02:42,280 --> 00:02:42,840 Speaker 3: bad idea. 62 00:02:43,000 --> 00:02:48,040 Speaker 4: I'm asking your approval on one single point, the realization 63 00:02:48,320 --> 00:02:55,160 Speaker 4: of the country situation. Trance has not a balanced budget 64 00:02:55,160 --> 00:02:56,000 Speaker 4: for fifty one. 65 00:02:55,919 --> 00:02:58,760 Speaker 3: Years didn't quite get the message across to the national rally. 66 00:02:58,800 --> 00:03:01,560 Speaker 5: When we hear about upcoming tax increases of more than 67 00:03:01,600 --> 00:03:05,480 Speaker 5: twenty billion euros more public spending with no savings made 68 00:03:05,480 --> 00:03:09,120 Speaker 5: on wasteful state spending, our responsibility is to stop these 69 00:03:09,160 --> 00:03:11,480 Speaker 5: people from further wrecking our public finances. 70 00:03:11,680 --> 00:03:12,320 Speaker 3: No looking. 71 00:03:12,639 --> 00:03:18,800 Speaker 4: This is the end of a ghost government, a shadow government. 72 00:03:18,800 --> 00:03:23,920 Speaker 4: In eight months, a number of invisible or transparent ministers 73 00:03:23,960 --> 00:03:28,040 Speaker 4: were able to produce only five laws. 74 00:03:29,480 --> 00:03:31,639 Speaker 3: It didn't work. Three sixty four to one ninety four 75 00:03:31,720 --> 00:03:35,640 Speaker 3: wasn't even close. So Beo's gone. Governments collapsed and Macron's 76 00:03:35,680 --> 00:03:37,800 Speaker 3: going to have to find himself another Prime Minister. Catherine 77 00:03:37,840 --> 00:03:40,560 Speaker 3: with the detail shortly Middle East, the Palestinians, open fire 78 00:03:40,560 --> 00:03:41,440 Speaker 3: and East Jerusalem. 79 00:03:41,560 --> 00:03:44,800 Speaker 5: Six of the While it was happening, I saw people falling, 80 00:03:45,000 --> 00:03:47,920 Speaker 5: getting hurt while trying to escape. I saw a woman 81 00:03:47,960 --> 00:03:50,680 Speaker 5: who suddenly fainted and another woman who was bleeding. 82 00:03:51,120 --> 00:03:52,400 Speaker 6: Thank god I was spared. 83 00:03:52,720 --> 00:03:54,880 Speaker 3: So what to do? Like Ukraine, I guess all roads 84 00:03:54,880 --> 00:03:56,240 Speaker 3: seem to lead back to this flog. 85 00:03:56,480 --> 00:03:58,040 Speaker 7: I think I think we're going to have a deal 86 00:03:58,120 --> 00:03:59,160 Speaker 7: on Gaza very soon. 87 00:04:00,800 --> 00:04:02,320 Speaker 8: It's a hell of a problem. 88 00:04:03,000 --> 00:04:04,800 Speaker 3: Won't give again, It's a problem we. 89 00:04:04,720 --> 00:04:08,400 Speaker 7: Want it solve for the Middle East, for Israel, for 90 00:04:09,640 --> 00:04:10,440 Speaker 7: for everybody. 91 00:04:10,560 --> 00:04:13,160 Speaker 3: Then in the UK and new Home Secretary, new rules, 92 00:04:13,160 --> 00:04:14,560 Speaker 3: maybe for illegals. 93 00:04:14,400 --> 00:04:16,840 Speaker 9: Countries that do not pay ball. We've been talking about 94 00:04:16,839 --> 00:04:20,240 Speaker 9: how we can take much more coordinated action between the 95 00:04:20,279 --> 00:04:24,320 Speaker 9: five highest countries and for us that means including possiully 96 00:04:24,360 --> 00:04:26,279 Speaker 9: the cutting of visas in the future. 97 00:04:26,520 --> 00:04:29,360 Speaker 3: Rod little with that after thirty this morning finally knew 98 00:04:29,400 --> 00:04:32,440 Speaker 3: Benksy Mural. Do look at it because it's as always brilliant. 99 00:04:32,520 --> 00:04:34,200 Speaker 3: It's on the side of the Royal Courts of Justice 100 00:04:34,200 --> 00:04:36,719 Speaker 3: Central London. Chose a judge beating up a protester with 101 00:04:36,760 --> 00:04:40,360 Speaker 3: a gabble. Very Pillastinian nect of you followed that debicle 102 00:04:40,440 --> 00:04:42,799 Speaker 3: over the weekend. It's been covered by plastic sheets already 103 00:04:42,800 --> 00:04:44,640 Speaker 3: a metal barriers, but there are plenty of photos of 104 00:04:44,680 --> 00:04:47,720 Speaker 3: it around. It may not last long despite its artistic 105 00:04:47,760 --> 00:04:50,320 Speaker 3: merit that's new to the world in the ninety hard 106 00:04:50,320 --> 00:04:52,040 Speaker 3: to read at the moment given what's going on. But 107 00:04:52,040 --> 00:04:54,800 Speaker 3: we want China to do well, don't we for obvious reasons. 108 00:04:54,800 --> 00:04:56,599 Speaker 3: But we've got these tariffs and I'll come back with 109 00:04:56,640 --> 00:04:58,640 Speaker 3: some postal numbers in a couple of moments been anyway. 110 00:04:58,680 --> 00:05:01,479 Speaker 3: Their exports climb four point four percent in August in 111 00:05:01,640 --> 00:05:04,640 Speaker 3: US dollar terms, is that good? Not really? Lowest growth 112 00:05:04,640 --> 00:05:07,200 Speaker 3: since February. Imports up one point three percent last month 113 00:05:07,240 --> 00:05:09,719 Speaker 3: from a year ago, missed the Reuters target of three percent. 114 00:05:09,760 --> 00:05:11,760 Speaker 3: So it's hard to know whether they're struggling just because 115 00:05:11,760 --> 00:05:14,440 Speaker 3: they're struggling, or whether the tariffs are playing a part 116 00:05:14,560 --> 00:05:16,920 Speaker 3: or a combination of the both. But there's the numbers. 117 00:05:16,960 --> 00:05:18,000 Speaker 3: Twelve past six. 118 00:05:19,800 --> 00:05:24,679 Speaker 2: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 119 00:05:24,680 --> 00:05:25,880 Speaker 2: by News Talks av. 120 00:05:28,279 --> 00:05:30,960 Speaker 3: The Stateside had winning a loss for the president, so 121 00:05:31,080 --> 00:05:34,520 Speaker 3: he's lost on e Gene Carroll. The court rejected his 122 00:05:34,600 --> 00:05:37,040 Speaker 3: bit to overturn that jury verdict. The he owes her 123 00:05:37,080 --> 00:05:40,520 Speaker 3: eighty three point three million dollars. They argued it was 124 00:05:40,600 --> 00:05:44,039 Speaker 3: excessive and he's got some sort of presidential immunity. Now, 125 00:05:44,120 --> 00:05:46,320 Speaker 3: quoting the Supreme Court, they said, don't worry about it. 126 00:05:46,360 --> 00:05:50,680 Speaker 3: You lose. On the upside, the Supreme Court has allowed 127 00:05:50,720 --> 00:05:54,320 Speaker 3: the Ice National Guard thing to continue the so called 128 00:05:54,440 --> 00:05:57,400 Speaker 3: roving patrols in southern California. The lower court said it 129 00:05:57,480 --> 00:06:00,760 Speaker 3: violated the Fourth Amendment. The Supreme Court said, not true. 130 00:06:00,800 --> 00:06:03,400 Speaker 3: So you can hit the streets again. They didn't offer 131 00:06:03,440 --> 00:06:06,520 Speaker 3: an explanation to how they got there, and there was 132 00:06:06,640 --> 00:06:09,279 Speaker 3: somems sharp descent from the three liberal justices. But apart 133 00:06:09,279 --> 00:06:13,800 Speaker 3: from that, it's a win. Fifteen past six j My 134 00:06:13,839 --> 00:06:17,080 Speaker 3: Welth Andrew Keller, how good morning, very good morning, marking 135 00:06:17,160 --> 00:06:20,440 Speaker 3: the stage CPI, the PPI, the stagflation, the growth, the mood, 136 00:06:20,520 --> 00:06:21,600 Speaker 3: the vibe, what's going on. 137 00:06:22,000 --> 00:06:24,719 Speaker 10: Yeah, let's talk stagflation. And I'm prompted to do this 138 00:06:24,839 --> 00:06:27,159 Speaker 10: by that absolute shocker of a number that we saw 139 00:06:27,200 --> 00:06:29,320 Speaker 10: in the US labour market over the week and that 140 00:06:29,360 --> 00:06:31,760 Speaker 10: non fun parilsnum that you spoke about yesterday morning. And 141 00:06:32,040 --> 00:06:35,280 Speaker 10: I think you made the comment, the very perceptive comment 142 00:06:35,320 --> 00:06:36,800 Speaker 10: that getting rid of the head of the Bureau of 143 00:06:36,839 --> 00:06:40,600 Speaker 10: Labor Statistics hasn't improved the numbers so much that the 144 00:06:40,880 --> 00:06:43,040 Speaker 10: numbers are what they are. But anyway, we're starting to 145 00:06:43,080 --> 00:06:46,800 Speaker 10: see more headlines now featuring this concept of stagflation over there, 146 00:06:46,800 --> 00:06:51,440 Speaker 10: which implies very low growth but problematic inflation, and that 147 00:06:51,600 --> 00:06:55,480 Speaker 10: is a very tricky situation for the central bank to handle. 148 00:06:55,520 --> 00:06:57,599 Speaker 10: It's one of the most difficult things that a central 149 00:06:57,640 --> 00:06:58,400 Speaker 10: bank can deal with. 150 00:06:58,720 --> 00:06:58,920 Speaker 6: Now. 151 00:06:59,000 --> 00:07:02,360 Speaker 10: I note Mike that this week sees the release of 152 00:07:02,360 --> 00:07:06,680 Speaker 10: what these large scale historic revisions, so a big, major 153 00:07:06,800 --> 00:07:09,600 Speaker 10: tidy up of data of the non farm payroll data. 154 00:07:09,680 --> 00:07:12,400 Speaker 10: This happens once a year and it looks back to 155 00:07:12,480 --> 00:07:14,240 Speaker 10: sort of the year to March twenty five. But I 156 00:07:14,280 --> 00:07:16,920 Speaker 10: expect this number to be significantly negative. It's not going 157 00:07:16,960 --> 00:07:19,480 Speaker 10: to help the vibe at all. And then over the 158 00:07:19,520 --> 00:07:22,120 Speaker 10: course of this week we've got their consumer price inflation 159 00:07:22,280 --> 00:07:26,360 Speaker 10: and producerfly price inflation releases in the States. Now, I 160 00:07:26,480 --> 00:07:29,360 Speaker 10: just want to the point here is that the definition 161 00:07:29,440 --> 00:07:32,360 Speaker 10: of recession in the US is a bit different from here. 162 00:07:32,480 --> 00:07:34,640 Speaker 10: It's easy. Here, we just say two quarters of negative 163 00:07:34,680 --> 00:07:36,600 Speaker 10: GDB growth. There you go, you've got a recession. But 164 00:07:36,680 --> 00:07:39,840 Speaker 10: in the States, the National Bureau of Economic Research is 165 00:07:39,880 --> 00:07:42,760 Speaker 10: the arbiter of what constitutes a recession, and they talk 166 00:07:42,760 --> 00:07:46,560 Speaker 10: about a significant decline in economic activity across the country 167 00:07:46,760 --> 00:07:48,480 Speaker 10: that lasts for more than a few months, across a 168 00:07:48,560 --> 00:07:51,920 Speaker 10: range of factors. Now, whereas a recession does seem likely, 169 00:07:52,320 --> 00:07:54,960 Speaker 10: it's not that hard to point the finger for what 170 00:07:55,120 --> 00:07:59,200 Speaker 10: could be significant US economic malays at these trade and 171 00:07:59,280 --> 00:08:01,960 Speaker 10: terrif issues. The FED is argued all along that the 172 00:08:02,000 --> 00:08:05,160 Speaker 10: impact of tariffs possibly won't feed through the households for 173 00:08:05,240 --> 00:08:07,680 Speaker 10: an extended period of time if you think about it. 174 00:08:07,720 --> 00:08:10,960 Speaker 10: They really came into play, you know, July August, so 175 00:08:11,240 --> 00:08:13,360 Speaker 10: you know, you're probably not going to see the impact 176 00:08:13,400 --> 00:08:15,120 Speaker 10: of these through to the end of the year. And 177 00:08:15,160 --> 00:08:18,280 Speaker 10: that's one of the key uncertainties and a factor it's 178 00:08:18,320 --> 00:08:20,520 Speaker 10: behind the Fed, you know, not moving the Fed funds 179 00:08:20,600 --> 00:08:23,000 Speaker 10: rate as quickly as the US administration would. 180 00:08:22,760 --> 00:08:23,440 Speaker 3: Like to see it moved. 181 00:08:24,040 --> 00:08:26,640 Speaker 10: Now, what I will say is that the futures pricing 182 00:08:26,720 --> 00:08:29,800 Speaker 10: in the US now is fully pricing in a cut 183 00:08:29,920 --> 00:08:32,160 Speaker 10: in the FED funds rate on the seventeenth of September. 184 00:08:32,200 --> 00:08:33,240 Speaker 3: So that's next week. 185 00:08:33,280 --> 00:08:36,920 Speaker 10: And almost three cuts by Christmas. So it looks like 186 00:08:37,200 --> 00:08:40,960 Speaker 10: the weak labor market will trump the inflation concerns as 187 00:08:40,960 --> 00:08:42,040 Speaker 10: far as the market's opened. 188 00:08:42,200 --> 00:08:44,480 Speaker 3: Okay, so that's the stage. What about here? Next week? 189 00:08:44,520 --> 00:08:47,920 Speaker 3: Also we get our big Q two read So what 190 00:08:47,960 --> 00:08:49,160 Speaker 3: do we need? Where are we at with that? 191 00:08:49,800 --> 00:08:50,000 Speaker 6: Well? 192 00:08:50,080 --> 00:08:52,439 Speaker 10: So yeah, we get the release. So today, Mike and 193 00:08:52,440 --> 00:08:53,640 Speaker 10: you say, and we get the release of what will 194 00:08:53,679 --> 00:08:56,199 Speaker 10: be the final imput since the Q two GDP forecast. 195 00:08:56,240 --> 00:08:58,160 Speaker 10: So you had that building work put in place that 196 00:08:58,240 --> 00:08:59,840 Speaker 10: was sort of one of the last partials. It wasn't 197 00:09:00,240 --> 00:09:02,640 Speaker 10: as strong as had been hoped, but it still points 198 00:09:02,679 --> 00:09:05,800 Speaker 10: to the GDP outcome being a bit higher than the 199 00:09:05,840 --> 00:09:08,880 Speaker 10: minus zero point three percent forecast contained in the most 200 00:09:08,880 --> 00:09:12,800 Speaker 10: recent RB and Z month for Policy statement. Today we 201 00:09:12,880 --> 00:09:15,760 Speaker 10: get the release of what called the Business Financial Employment 202 00:09:16,160 --> 00:09:19,120 Speaker 10: data for the June courter that includes manufacturing data. Now 203 00:09:19,160 --> 00:09:22,520 Speaker 10: this this will or should allow the local economists to 204 00:09:22,520 --> 00:09:26,080 Speaker 10: finalize their GDP forecasts. Look, we won't even get close 205 00:09:26,200 --> 00:09:28,760 Speaker 10: to the zero point six percent the Lucky Country punched 206 00:09:28,760 --> 00:09:31,800 Speaker 10: out over the second quarter across the Tasman but Isis's 207 00:09:31,960 --> 00:09:34,480 Speaker 10: forecasts are going to be close to zero than that 208 00:09:34,520 --> 00:09:37,040 Speaker 10: minus zero point three And if you look at the 209 00:09:37,120 --> 00:09:38,839 Speaker 10: RB and Z, the Army said to a great Page 210 00:09:38,880 --> 00:09:41,040 Speaker 10: Mike that the GDP now live cast. 211 00:09:41,080 --> 00:09:41,840 Speaker 3: It's a forecast. 212 00:09:41,840 --> 00:09:43,120 Speaker 10: You can go the RB and Z you can have 213 00:09:43,160 --> 00:09:46,000 Speaker 10: a look at it. That has improved since the Monetary 214 00:09:46,040 --> 00:09:46,840 Speaker 10: Policy statement. 215 00:09:46,920 --> 00:09:48,600 Speaker 3: So that's GDP. That's next Thursday. 216 00:09:48,720 --> 00:09:50,360 Speaker 10: You've got a whole bunch of other data this week. 217 00:09:50,360 --> 00:09:53,440 Speaker 10: You've got PMI on Friday and the POSI next Monday. 218 00:09:53,440 --> 00:09:56,040 Speaker 10: Got migration numbers, cards, spending, all good stuff, and we'll 219 00:09:56,240 --> 00:09:58,640 Speaker 10: update those over the course of the week. 220 00:09:58,559 --> 00:10:00,000 Speaker 3: And itallytastic. What are the numbers? 221 00:10:00,600 --> 00:10:01,199 Speaker 6: So at the. 222 00:10:01,160 --> 00:10:04,640 Speaker 10: Moment, the down Jose is down two points. I'd call 223 00:10:04,679 --> 00:10:07,840 Speaker 10: that stable. Forty five thousand, four hundred. The S and 224 00:10:07,880 --> 00:10:09,839 Speaker 10: P five hundred is up three points. That this is 225 00:10:09,880 --> 00:10:13,120 Speaker 10: all fairly quiet, six four eighty four, and the Nasdaq 226 00:10:13,320 --> 00:10:16,000 Speaker 10: is up one hundred and nineteen points twenty one thousand, 227 00:10:16,320 --> 00:10:19,720 Speaker 10: eight hundred and eighteen. Overnight, the forty one hundred gained 228 00:10:20,280 --> 00:10:23,280 Speaker 10: zero point one four percent nine two two one was 229 00:10:23,320 --> 00:10:26,040 Speaker 10: the close there. The NICK up six hundred and twenty 230 00:10:26,040 --> 00:10:29,439 Speaker 10: five points. More political ructions, of course, one point four 231 00:10:29,520 --> 00:10:31,959 Speaker 10: foot in Japan one point four five percent gain their 232 00:10:32,000 --> 00:10:35,760 Speaker 10: forty three thousand, six hundred and forty three. The Shanghai 233 00:10:35,840 --> 00:10:38,800 Speaker 10: Composite gained point three eight of a percent. That's fourteen 234 00:10:38,840 --> 00:10:41,679 Speaker 10: points three eight to six the close there. The A 235 00:10:41,840 --> 00:10:44,400 Speaker 10: six two hundred lost about a quarter of percent yesterday, 236 00:10:45,160 --> 00:10:47,600 Speaker 10: twenty two points down eight eighty five oh the close there, 237 00:10:47,600 --> 00:10:50,440 Speaker 10: and the enseidets fifty gained point four to four of 238 00:10:50,440 --> 00:10:53,599 Speaker 10: a percent fifty eight points thirteen thousand, two hundred and 239 00:10:53,640 --> 00:10:56,200 Speaker 10: eighty one the close. The ends of the New Zealand 240 00:10:56,240 --> 00:10:58,840 Speaker 10: dollar has actually lifted a bit against the US, it's 241 00:10:58,880 --> 00:11:02,000 Speaker 10: a point five nine three back OVID ninety cents against 242 00:11:02,040 --> 00:11:05,120 Speaker 10: the Aussie dollar, point nine zero zero, eight point five 243 00:11:05,280 --> 00:11:07,560 Speaker 10: h five zero against the euro, point four to three, 244 00:11:07,679 --> 00:11:10,760 Speaker 10: eight to two against the pound, eighty seven point six one. 245 00:11:10,880 --> 00:11:14,760 Speaker 10: Japanese end goal surging again three thousand, six hundred and 246 00:11:14,760 --> 00:11:17,760 Speaker 10: thirty four dollars and break crude sixty six dollars and 247 00:11:18,000 --> 00:11:18,640 Speaker 10: eight cents. 248 00:11:18,720 --> 00:11:21,160 Speaker 3: Ketch up tomorrow. Andrew Kellah at jomowealth dot co dot 249 00:11:21,240 --> 00:11:25,040 Speaker 3: n z. It's interesting developments. He mentions, Japan, I've got 250 00:11:25,040 --> 00:11:26,559 Speaker 3: a couple of names for you in just a moment. 251 00:11:26,559 --> 00:11:29,000 Speaker 3: By the way, Manhattan offers leasing this SUGG just sort 252 00:11:29,000 --> 00:11:31,679 Speaker 3: of caterer as to where the New York economy might 253 00:11:31,720 --> 00:11:33,760 Speaker 3: well be at. It's increased twenty percent in August. The 254 00:11:33,800 --> 00:11:36,880 Speaker 3: line this from Colliers three point seven million square feet. 255 00:11:37,400 --> 00:11:41,120 Speaker 3: If demand continues, it's going to be back above twenty nineteen. So, 256 00:11:41,120 --> 00:11:43,120 Speaker 3: in other words, back above the COVID peak. And the 257 00:11:43,120 --> 00:11:45,520 Speaker 3: COVID was a disaster for New York as everyone left 258 00:11:45,559 --> 00:11:47,959 Speaker 3: and went to Florida. Average asking price is seventy four 259 00:11:47,960 --> 00:11:49,959 Speaker 3: dollars and seventy three cents a foot. Is that a lot? Yes? 260 00:11:49,960 --> 00:11:52,400 Speaker 3: It is, so Manhattan seems to be back six twenty 261 00:11:52,440 --> 00:11:54,520 Speaker 3: one at Newstalk. 262 00:11:54,200 --> 00:11:54,520 Speaker 11: Said b. 263 00:12:00,920 --> 00:12:05,480 Speaker 2: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Howard 264 00:12:05,480 --> 00:12:06,400 Speaker 2: By News talks at me. 265 00:12:07,880 --> 00:12:09,800 Speaker 3: It's all God at the moment. France looking for a 266 00:12:09,800 --> 00:12:12,160 Speaker 3: new prime minister, Catherine shortly, but as I told you 267 00:12:12,160 --> 00:12:15,200 Speaker 3: this time yesterday, the Japanese Prime minister he decided to quit. 268 00:12:15,280 --> 00:12:17,000 Speaker 3: So they're looking for a new prime minister as well. 269 00:12:17,000 --> 00:12:19,240 Speaker 3: A couple of names, not that they will mean anything 270 00:12:19,280 --> 00:12:23,360 Speaker 3: to you. One of them's Koizumi, current Agriculture minister, but 271 00:12:23,480 --> 00:12:27,320 Speaker 3: the other one is Takaishi. Now Takaishi's woman, and the 272 00:12:27,360 --> 00:12:29,760 Speaker 3: significance of her being a woman is if she wins. 273 00:12:29,840 --> 00:12:32,000 Speaker 3: And these are lots of names in the mix, but 274 00:12:32,080 --> 00:12:35,720 Speaker 3: these are the two key names apparently, and Takaishi would become, 275 00:12:35,800 --> 00:12:38,320 Speaker 3: of course, the first female prime minister ever, so there's 276 00:12:38,559 --> 00:12:40,960 Speaker 3: potentially a little bit of history in the making there. Mike, 277 00:12:41,000 --> 00:12:42,560 Speaker 3: I'm not a union memory yet a lot of this. 278 00:12:42,600 --> 00:12:44,120 Speaker 3: I'm not a union member, and I agree with you 279 00:12:44,160 --> 00:12:46,160 Speaker 3: about performance pay, but how on earth do you assigne 280 00:12:46,160 --> 00:12:49,840 Speaker 3: who's got this regards teachers the same way I've been 281 00:12:49,920 --> 00:12:52,080 Speaker 3: arguing this for like forty years, the same way you 282 00:12:52,160 --> 00:12:56,040 Speaker 3: decide anybody's any good. Every single job in the world, 283 00:12:56,400 --> 00:12:59,520 Speaker 3: every parent who ever took a kid to school, every 284 00:12:59,600 --> 00:13:02,400 Speaker 3: grand parent who deals with their kids' homework in the 285 00:13:02,720 --> 00:13:05,720 Speaker 3: teacher only days, and all the other stuff. Everyone knows 286 00:13:05,720 --> 00:13:08,120 Speaker 3: who a good teacher is. It's not difficult. I own 287 00:13:08,160 --> 00:13:11,120 Speaker 3: my own business, Mike, don't pay myself that I referenced 288 00:13:11,120 --> 00:13:13,200 Speaker 3: to one hundred and ten thousand dollars in terms of pay. 289 00:13:13,240 --> 00:13:15,280 Speaker 3: I'll come back to that. I bet you. That's the 290 00:13:15,280 --> 00:13:18,680 Speaker 3: case with most small businesses, Mike. If the teachers don't 291 00:13:18,720 --> 00:13:20,840 Speaker 3: like the pay, they could get a different career. I mean, 292 00:13:21,040 --> 00:13:24,720 Speaker 3: I wouldn't go that far personally. I'm a primary teacher 293 00:13:24,720 --> 00:13:26,920 Speaker 3: of thirty years. I owned ninety seven thousand dollars. I 294 00:13:26,920 --> 00:13:29,640 Speaker 3: do not want to strike. I voted to accept the offer. 295 00:13:29,640 --> 00:13:31,280 Speaker 3: We'll get on you six twenty. 296 00:13:30,960 --> 00:13:36,240 Speaker 2: Five trending now Jim as Well Spring Frenzy sale on now. 297 00:13:36,280 --> 00:13:38,040 Speaker 3: I'm dealing with it all, Sir. Brian roche with us 298 00:13:38,080 --> 00:13:40,439 Speaker 3: after a seven o'clock new documentary Life and Death of 299 00:13:40,520 --> 00:13:42,920 Speaker 3: John Candy. He died back in ninety four. Seems hard 300 00:13:42,920 --> 00:13:44,880 Speaker 3: to believe it was that long ago. He's only forty 301 00:13:44,920 --> 00:13:48,839 Speaker 3: three heart attack. He's considered one of the best, certainly 302 00:13:48,880 --> 00:13:51,840 Speaker 3: out of Canada. Uncle Buck plane trains and automobiles. That 303 00:13:51,920 --> 00:13:53,160 Speaker 3: was brilliant call Runnings. 304 00:13:53,360 --> 00:13:55,040 Speaker 2: I can't tell you what was rate a boy Chin 305 00:13:55,160 --> 00:13:58,559 Speaker 2: Candy or what was wrong, but he was my friend and. 306 00:14:00,120 --> 00:14:03,040 Speaker 1: To cry though when you see his face Amir. 307 00:14:05,000 --> 00:14:08,160 Speaker 10: Gush Bolinsky Polk King of the Midwest, Elgriffith, director of 308 00:14:08,200 --> 00:14:09,720 Speaker 10: Sales Shower Curtain Ring Division. 309 00:14:10,080 --> 00:14:12,280 Speaker 6: This is a guy who the minute you see his face, 310 00:14:12,880 --> 00:14:13,640 Speaker 6: you're gonna smile. 311 00:14:14,640 --> 00:14:19,160 Speaker 5: Even though John did distinctly different characters, John was always there. 312 00:14:19,440 --> 00:14:21,520 Speaker 1: And when you make winning your whole life, you have 313 00:14:21,600 --> 00:14:23,960 Speaker 1: to keep on winning. You've been in more turkeys than 314 00:14:24,000 --> 00:14:27,040 Speaker 1: a stuffing next see. I think the weight of everything 315 00:14:27,080 --> 00:14:29,920 Speaker 1: he was doing was just too much. He lived his 316 00:14:30,080 --> 00:14:32,160 Speaker 1: life very much like the movies. 317 00:14:32,640 --> 00:14:36,360 Speaker 12: He was the child that made everyone happy, and he 318 00:14:36,560 --> 00:14:38,160 Speaker 12: was the adult that did that. 319 00:14:38,840 --> 00:14:41,840 Speaker 3: It's called John Candy. I Like May. Produced by Ryan Reynolds, 320 00:14:41,880 --> 00:14:45,520 Speaker 3: Colin Hanks, stories and interviews from Steve. You will recognize 321 00:14:45,520 --> 00:14:47,640 Speaker 3: some of the boys of Steve Martin, Bill Murray Muttin Short, 322 00:14:47,680 --> 00:14:50,840 Speaker 3: Eugene Levy, Catherine O'Hara, Dan Eck, Royd and others. It's 323 00:14:50,840 --> 00:14:52,720 Speaker 3: out and he is the good news. It's out on 324 00:14:52,760 --> 00:14:55,280 Speaker 3: Prime Video this Thursday, so you've only got a couple 325 00:14:55,320 --> 00:14:56,000 Speaker 3: of days to wait. 326 00:14:56,480 --> 00:14:56,640 Speaker 8: Now. 327 00:14:56,840 --> 00:14:59,720 Speaker 3: He's a small irony. Oh super fun. This is the 328 00:14:59,760 --> 00:15:05,440 Speaker 3: whole thing that's designed to save us all from superannuation mageddon. 329 00:15:05,600 --> 00:15:09,520 Speaker 3: It's doing really well, and it's always done really well, 330 00:15:10,040 --> 00:15:11,840 Speaker 3: and it did really well when a bloke called Adrien 331 00:15:11,920 --> 00:15:13,880 Speaker 3: All was running it, which I think is slightly ironic 332 00:15:13,880 --> 00:15:16,040 Speaker 3: given circumstances. And ladle up anyway, we'll give you the 333 00:15:16,120 --> 00:15:18,280 Speaker 3: latest numbers which were yesterday. 334 00:15:18,640 --> 00:15:22,160 Speaker 2: Setting the agenda and talking the big issues the Mic 335 00:15:22,240 --> 00:15:26,120 Speaker 2: Hosking breakfast with Bailey's Real Estate covering all your real 336 00:15:26,200 --> 00:15:28,480 Speaker 2: estate needs news togs head be if you just. 337 00:15:28,520 --> 00:15:30,960 Speaker 3: Joined us class as looking for yet another new prime 338 00:15:31,000 --> 00:15:33,800 Speaker 3: Minister and Macrons in charge of that particular John Casminfield 339 00:15:33,800 --> 00:15:35,760 Speaker 3: with a shortly meantime back here at twenty three minutes 340 00:15:35,760 --> 00:15:37,760 Speaker 3: away from seven some good economic news in the form 341 00:15:37,800 --> 00:15:40,560 Speaker 3: of the New Zealand Super Fund, which continues to provide 342 00:15:40,600 --> 00:15:43,400 Speaker 3: excellent returns for the country and in doing so somewhat 343 00:15:43,440 --> 00:15:46,120 Speaker 3: offsets that great superannuation debate. The returns came in at 344 00:15:46,120 --> 00:15:48,640 Speaker 3: almost twelve percent over the past year, so the fund 345 00:15:48,640 --> 00:15:51,240 Speaker 3: has ground to eighty five billion dollars. Suggestions now it'll 346 00:15:51,240 --> 00:15:54,520 Speaker 3: crack one hundred billion by twenty twenty eight. Joe Townsend 347 00:15:55,040 --> 00:15:58,920 Speaker 3: is the super fun CEO. Joe Morning, good morning line 348 00:15:59,000 --> 00:16:01,040 Speaker 3: and well done. You must be please with the activity, 349 00:16:01,160 --> 00:16:04,840 Speaker 3: intensity of activity versus riding the markets. How active are you? 350 00:16:07,040 --> 00:16:10,240 Speaker 13: So the result of eleven point eight four percent was 351 00:16:11,080 --> 00:16:15,160 Speaker 13: surely reflective of very strong global equity markets after over 352 00:16:15,160 --> 00:16:19,960 Speaker 13: the past year. However, through our active investment strategies, we 353 00:16:20,040 --> 00:16:23,800 Speaker 13: did manage to add almost an additional one percent, which 354 00:16:23,920 --> 00:16:26,000 Speaker 13: you know, might not seem like it's an awful lot, 355 00:16:26,080 --> 00:16:28,360 Speaker 13: but it's the equivalent of about seven hundred and forty 356 00:16:28,400 --> 00:16:30,360 Speaker 13: five million dollars over the past year. 357 00:16:30,520 --> 00:16:32,040 Speaker 3: What do you make at the markets to the moment 358 00:16:32,080 --> 00:16:34,800 Speaker 3: because people who don't follow this, excuse me, we're all 359 00:16:34,800 --> 00:16:37,000 Speaker 3: in a cost of living crisis, yet the markets are 360 00:16:37,000 --> 00:16:37,560 Speaker 3: through the roof. 361 00:16:38,840 --> 00:16:41,080 Speaker 13: Yeah, well, it's interesting, right because I look at the 362 00:16:41,160 --> 00:16:44,120 Speaker 13: numbers over the past five years and they've been incredibly 363 00:16:44,200 --> 00:16:48,240 Speaker 13: strong despite what seems to be an ever increasing amount 364 00:16:48,280 --> 00:16:50,760 Speaker 13: of uncertainty in the world. So it just goes to 365 00:16:50,880 --> 00:16:53,720 Speaker 13: show that, you know, it's almost impossible to pick what 366 00:16:53,840 --> 00:16:56,680 Speaker 13: the market's going to do over the short term, whether 367 00:16:56,720 --> 00:16:59,200 Speaker 13: it be one year or five years. You know, our 368 00:16:59,320 --> 00:17:02,280 Speaker 13: job is to build portfolio that is resilient enough that 369 00:17:02,360 --> 00:17:04,920 Speaker 13: we can cope with markets when they're going up, which 370 00:17:04,960 --> 00:17:07,359 Speaker 13: they've been doing for quite a long time now, but 371 00:17:07,440 --> 00:17:10,240 Speaker 13: also to cope with markets when they're not so good. 372 00:17:10,280 --> 00:17:12,800 Speaker 13: And you know, we saw an episode of that earlier 373 00:17:12,840 --> 00:17:16,639 Speaker 13: this year with the announcement of the tariffs. You know, 374 00:17:16,720 --> 00:17:19,040 Speaker 13: for a long term investor like us, we try really 375 00:17:19,080 --> 00:17:21,000 Speaker 13: hard not to get caught up in the day to 376 00:17:21,080 --> 00:17:24,520 Speaker 13: day noise as markets, and so when markets are falling 377 00:17:24,640 --> 00:17:28,239 Speaker 13: during periods like that, you know, that's very much It 378 00:17:28,280 --> 00:17:30,879 Speaker 13: can be a good buying opportunity for us to go 379 00:17:30,960 --> 00:17:34,199 Speaker 13: into different markets and pick up assets that are cheaper 380 00:17:34,200 --> 00:17:36,199 Speaker 13: than what they were previously. 381 00:17:36,560 --> 00:17:39,000 Speaker 3: How unusual is what we're seeing at the moment in 382 00:17:39,080 --> 00:17:41,440 Speaker 3: terms of the tariffs and the presidency and the global 383 00:17:41,440 --> 00:17:43,720 Speaker 3: trade situation and all that. How wacky is it? 384 00:17:45,080 --> 00:17:48,679 Speaker 13: Oh, Look, it's really difficult to do scenario testing for 385 00:17:48,880 --> 00:17:51,879 Speaker 13: environments like we're in at the moment because the outcomes 386 00:17:51,920 --> 00:17:55,840 Speaker 13: can be quite binary, and it's really difficult to forecast 387 00:17:55,920 --> 00:17:58,359 Speaker 13: where markets are going to go and so you know, 388 00:17:58,400 --> 00:18:00,920 Speaker 13: we do a lot of scenario tests. But again, our 389 00:18:01,040 --> 00:18:03,960 Speaker 13: job is to make sure that we've got the most 390 00:18:04,080 --> 00:18:07,479 Speaker 13: robust portfolio that we can build for all all different 391 00:18:07,560 --> 00:18:08,640 Speaker 13: market environments. 392 00:18:09,040 --> 00:18:12,280 Speaker 3: Is it robust with blue chip you know safety or 393 00:18:12,359 --> 00:18:14,480 Speaker 3: are you you know in the corner they're doing a 394 00:18:14,520 --> 00:18:15,240 Speaker 3: little bit of risk? 395 00:18:17,000 --> 00:18:20,000 Speaker 13: Oh well, the thing about investing is that you have 396 00:18:20,080 --> 00:18:23,320 Speaker 13: to be prepared to take some risk to earn additional returns. 397 00:18:23,560 --> 00:18:24,160 Speaker 7: And so we. 398 00:18:24,160 --> 00:18:27,159 Speaker 13: Spend an awful lot of time thinking about risk and 399 00:18:27,520 --> 00:18:30,679 Speaker 13: assessing where we believe we understand risk and it's a 400 00:18:30,760 --> 00:18:36,000 Speaker 13: worthwhile investment to make. But our starting position is that 401 00:18:36,040 --> 00:18:39,679 Speaker 13: we have an eighty percent allocation to equities and that 402 00:18:39,880 --> 00:18:44,960 Speaker 13: is a reasonably growth oriented, risky starting position, and so 403 00:18:45,440 --> 00:18:48,439 Speaker 13: we believe that that's an appropriate setting for a fund 404 00:18:48,520 --> 00:18:51,720 Speaker 13: life the New Zealand Superfund. Because we are a very 405 00:18:51,800 --> 00:18:55,840 Speaker 13: long term investor. This fund will not peep in terms 406 00:18:55,840 --> 00:18:58,920 Speaker 13: of its importance to Zealand in terms of its GDP. 407 00:19:00,400 --> 00:19:05,040 Speaker 13: For another pigs well, and that context where you believe 408 00:19:05,119 --> 00:19:08,560 Speaker 13: that risk will be rewarded if you take risk, well, 409 00:19:09,480 --> 00:19:11,760 Speaker 13: we've seen it's fill appropriate setting for the fund to 410 00:19:11,840 --> 00:19:12,880 Speaker 13: have nice. 411 00:19:12,640 --> 00:19:14,919 Speaker 3: And I appreciate Joe Joe Townsend, and I mean you 412 00:19:14,920 --> 00:19:16,880 Speaker 3: can argue twelve percent over the past year. And as 413 00:19:16,880 --> 00:19:18,960 Speaker 3: I've said, if you've followed the fund over the years 414 00:19:19,080 --> 00:19:21,960 Speaker 3: when all was running it, they've always In fact, it's 415 00:19:22,000 --> 00:19:24,000 Speaker 3: one of the in terms of returns, it's one of 416 00:19:24,119 --> 00:19:27,600 Speaker 3: the most successful funds in the world, which is good. 417 00:19:27,760 --> 00:19:32,400 Speaker 2: Nineteen two The Mic Asking Breakfast Full Show podcast on 418 00:19:32,520 --> 00:19:34,720 Speaker 2: iHeartRadio coward By News Talks. 419 00:19:34,760 --> 00:19:35,000 Speaker 14: It be. 420 00:19:36,720 --> 00:19:38,879 Speaker 3: All the old saying goes, you should work smart or 421 00:19:38,920 --> 00:19:41,919 Speaker 3: not harder, of course, but is your credit card helping 422 00:19:41,960 --> 00:19:44,520 Speaker 3: you do that as well? American Express Airpoints Platinum Card 423 00:19:44,560 --> 00:19:47,040 Speaker 3: Now you are not only getting the fastest airpoints dollar 424 00:19:47,600 --> 00:19:49,840 Speaker 3: earning Platinum card in the country, you can also earn 425 00:19:49,880 --> 00:19:52,720 Speaker 3: three hundred bonus airpoints dollars as well. So this means 426 00:19:52,760 --> 00:19:54,560 Speaker 3: you're getting to do the things that you really want 427 00:19:54,600 --> 00:19:57,639 Speaker 3: to do, but you're doing them sooner, like putting your 428 00:19:57,680 --> 00:20:00,439 Speaker 3: feet up or enjoying the sunset on a tropic Ireland 429 00:20:00,480 --> 00:20:03,040 Speaker 3: because when you've got the American Express Airpoints Platinum Card, 430 00:20:03,040 --> 00:20:05,080 Speaker 3: you can be safe in the knowledge that credit card 431 00:20:05,160 --> 00:20:07,440 Speaker 3: is working harder for you even when you're relaxing. Sun 432 00:20:07,760 --> 00:20:10,120 Speaker 3: only question left to ask is do you want more 433 00:20:10,160 --> 00:20:13,080 Speaker 3: holiday or less holiday? So apply and be aproof for 434 00:20:13,119 --> 00:20:17,080 Speaker 3: the fastest airpoint dollars airpoints dollar earning Platinum card and 435 00:20:17,080 --> 00:20:20,240 Speaker 3: you could earn three hundred bonus air points dollars. Are 436 00:20:20,240 --> 00:20:24,000 Speaker 3: you search MS airpoints? That's what you're searching. AMEX airpoints. 437 00:20:24,240 --> 00:20:26,520 Speaker 3: Fifteen hundred dollars minimum has been required for the first 438 00:20:26,560 --> 00:20:28,879 Speaker 3: three months. Decency is applying new card members only an 439 00:20:28,920 --> 00:20:34,399 Speaker 3: offer subject to change without notice. Very good, give me 440 00:20:34,440 --> 00:20:37,480 Speaker 3: one glimp asking very good red meat numbers for you 441 00:20:37,560 --> 00:20:39,320 Speaker 3: once again, Thank the good Lord. The farmers are doing 442 00:20:39,359 --> 00:20:41,480 Speaker 3: the business. I'll come back to that. But speaking of numbers, 443 00:20:41,520 --> 00:20:43,520 Speaker 3: just let me warm you up for our chat with 444 00:20:43,520 --> 00:20:46,520 Speaker 3: Brian Roach, the Public Services Commissioner. Dealing with the teachers. 445 00:20:46,840 --> 00:20:51,000 Speaker 3: So pay increases for primary between three thousand, eight hundred 446 00:20:51,040 --> 00:20:55,480 Speaker 3: and nine thousand, four hundred ren regular annual progression included 447 00:20:56,040 --> 00:20:57,960 Speaker 3: over the two years, you're looking at an increase of 448 00:20:58,000 --> 00:21:02,360 Speaker 3: seven thy seven hundred through to six sixteen thousand, nine hundred. 449 00:21:03,119 --> 00:21:05,920 Speaker 3: Average salary for primary school teachers increased from eighty five 450 00:21:06,000 --> 00:21:09,680 Speaker 3: thousand three years ago to ninety four thousand, now fifty 451 00:21:09,760 --> 00:21:12,840 Speaker 3: seven percent of full time. Primary teachers are now earning 452 00:21:12,880 --> 00:21:15,399 Speaker 3: between nineteen one hundred and ten thousand dollars and sixteen 453 00:21:15,440 --> 00:21:17,720 Speaker 3: percent are earning over one hundred and ten thousand dollars. 454 00:21:18,200 --> 00:21:21,200 Speaker 3: Does that strike you as pretty good? 455 00:21:21,600 --> 00:21:26,240 Speaker 11: Six forty five international correspondence with ends in eye insurance, 456 00:21:26,359 --> 00:21:28,080 Speaker 11: peace of mind for New Zealand business. 457 00:21:28,200 --> 00:21:31,399 Speaker 3: Frank Gatinfield in Morning Inclod Morning, mate, I think that 458 00:21:31,480 --> 00:21:33,199 Speaker 3: interested me most. I think we all knew he was 459 00:21:33,240 --> 00:21:35,480 Speaker 3: going to lose. Is how much he lost by? Why 460 00:21:35,600 --> 00:21:36,560 Speaker 3: was he routed that way? 461 00:21:37,640 --> 00:21:40,879 Speaker 15: Well? Yeah, time is up for French Prime minister. So 462 00:21:41,000 --> 00:21:44,080 Speaker 15: by who nine months in office and who would have 463 00:21:44,119 --> 00:21:47,840 Speaker 15: believed that he would have such a resounding kicking out 464 00:21:47,880 --> 00:21:52,880 Speaker 15: of office? Mike, Nearly two thirds of Parliament voted against him. 465 00:21:53,000 --> 00:21:57,040 Speaker 15: Not only that, some fifteen MPs from his own party 466 00:21:57,240 --> 00:22:00,359 Speaker 15: also voted for him to leave the scene. So pretty 467 00:22:00,400 --> 00:22:03,800 Speaker 15: extraordinary scenes after only nine months in office. 468 00:22:04,880 --> 00:22:07,640 Speaker 14: Part of it, Mike was his attitude. 469 00:22:08,640 --> 00:22:12,240 Speaker 15: He antagonized part of my who seemed to antagonize everyone 470 00:22:12,359 --> 00:22:16,199 Speaker 15: he spoke to. He didn't negotiate, he didn't try and 471 00:22:16,320 --> 00:22:20,159 Speaker 15: seek coalitions. He sort of stayed within his sort of 472 00:22:20,200 --> 00:22:22,440 Speaker 15: fractured right wing block in Parliament. 473 00:22:22,480 --> 00:22:24,800 Speaker 14: And talked among them themselves. 474 00:22:25,640 --> 00:22:27,920 Speaker 15: Then when it came to putting a budget for next year, 475 00:22:28,680 --> 00:22:31,400 Speaker 15: he just put together a budget and handed it down 476 00:22:31,440 --> 00:22:33,080 Speaker 15: and said, this is what we're going to have. It's 477 00:22:33,119 --> 00:22:36,240 Speaker 15: going to be what eighty seven billion New Zealand dollars 478 00:22:36,240 --> 00:22:38,879 Speaker 15: worth of savings and if you want to talk to me, 479 00:22:38,960 --> 00:22:41,520 Speaker 15: you know where I am. So of course that really 480 00:22:41,560 --> 00:22:44,199 Speaker 15: did annoy people. The parliamentarians were saying, no, you know 481 00:22:44,280 --> 00:22:46,560 Speaker 15: the way that you do this, if you've got a 482 00:22:46,600 --> 00:22:49,159 Speaker 15: split parliament like this, a minority government, you come and 483 00:22:49,200 --> 00:22:50,040 Speaker 15: talk to us before you. 484 00:22:50,000 --> 00:22:52,680 Speaker 14: Put the budget down. So that didn't go down well. 485 00:22:53,359 --> 00:22:55,560 Speaker 15: And I think there were two more things that really 486 00:22:55,560 --> 00:22:59,520 Speaker 15: did rile parliamentarians. One was he said over the summer 487 00:22:59,560 --> 00:23:02,200 Speaker 15: months he couldn't get in touch with any of the parliamentarians, 488 00:23:02,240 --> 00:23:04,360 Speaker 15: any of the MPs. He said they were all on holiday, 489 00:23:04,680 --> 00:23:07,520 Speaker 15: so it was as though mobile phones didn't even exist. 490 00:23:08,119 --> 00:23:11,720 Speaker 15: The other thing we're hearing was that he led Emanual Macron, 491 00:23:11,880 --> 00:23:14,720 Speaker 15: the president, to believe that he had already talked to 492 00:23:14,760 --> 00:23:18,159 Speaker 15: the other political parties about this vote of confidence, and 493 00:23:18,240 --> 00:23:21,399 Speaker 15: it seemed that he hadn't, and so Emanual Macron is 494 00:23:21,440 --> 00:23:24,680 Speaker 15: going to be meetings hansel By, who was just under 495 00:23:24,800 --> 00:23:28,440 Speaker 15: twelve hours time from now, and we'll say, yeah, you've 496 00:23:28,440 --> 00:23:29,160 Speaker 15: got to stay. 497 00:23:28,920 --> 00:23:31,000 Speaker 14: On as a caretaker until we get a new prime minister. 498 00:23:31,080 --> 00:23:31,720 Speaker 14: But you're fired. 499 00:23:31,840 --> 00:23:34,359 Speaker 15: You singly failed to do the job I put you 500 00:23:34,359 --> 00:23:40,760 Speaker 15: in there for the country is still in fiscal chaos. 501 00:23:39,440 --> 00:23:41,639 Speaker 14: And everything will just go on. 502 00:23:42,920 --> 00:23:45,200 Speaker 15: The President's office has said there will be a new 503 00:23:45,240 --> 00:23:47,639 Speaker 15: prime minister in the coming days. 504 00:23:47,960 --> 00:23:51,960 Speaker 3: Right, does you exactly does this reflect badly on Macron? 505 00:23:52,080 --> 00:23:53,720 Speaker 3: I mean he can't keep picking prime ministers. 506 00:23:53,760 --> 00:23:58,000 Speaker 15: Kenny Well his alternative, he can keep picking prime ministers. Yeah, 507 00:23:58,000 --> 00:24:01,320 Speaker 15: this is only a political crisis, it's not constitutional crisis. 508 00:24:02,119 --> 00:24:04,800 Speaker 15: He could dissolve parliament again, it's been more than a 509 00:24:04,880 --> 00:24:07,600 Speaker 15: year since there were parliamentary elections. But if he does 510 00:24:07,680 --> 00:24:10,080 Speaker 15: that then his party would do even worse than it 511 00:24:10,080 --> 00:24:13,399 Speaker 15: did just every year ago. You would still not have 512 00:24:14,400 --> 00:24:18,920 Speaker 15: a strong central government a parliament there. And there is 513 00:24:18,960 --> 00:24:21,680 Speaker 15: also the risk that Marhine la pen in the far 514 00:24:21,840 --> 00:24:24,960 Speaker 15: right would do better. The latest shows that would come 515 00:24:24,960 --> 00:24:28,359 Speaker 15: in with around thirty one percent of the vote, so 516 00:24:28,480 --> 00:24:30,840 Speaker 15: that's way ahead of the Left block which were coming 517 00:24:30,880 --> 00:24:33,960 Speaker 15: at twenty three percent. So he's just got to keep 518 00:24:34,119 --> 00:24:34,919 Speaker 15: fumbling along. 519 00:24:35,320 --> 00:24:38,160 Speaker 3: Interesting how much of the weight of the argument you'll 520 00:24:38,160 --> 00:24:41,679 Speaker 3: append your national rallies, which is, we're not against what 521 00:24:41,680 --> 00:24:43,400 Speaker 3: you're trying to do. It's just like, have a look 522 00:24:43,440 --> 00:24:45,320 Speaker 3: over there at the waist, and we're over there at 523 00:24:45,359 --> 00:24:47,840 Speaker 3: the waist and start tiding up some of the waste 524 00:24:47,880 --> 00:24:49,520 Speaker 3: that we see as waste as opposed to what you 525 00:24:49,600 --> 00:24:50,520 Speaker 3: might see his waste. 526 00:24:50,920 --> 00:24:51,959 Speaker 14: Well, that's exactly it. 527 00:24:52,040 --> 00:24:55,919 Speaker 15: You've not only got mahinla Pen the far right saying, hey, listen, 528 00:24:55,960 --> 00:24:59,520 Speaker 15: you know, don't just cut government spending, don't just cut 529 00:24:59,600 --> 00:25:02,760 Speaker 15: healthcare spending. Have a bit more of a of a 530 00:25:03,200 --> 00:25:06,160 Speaker 15: you know, finger on the wallet of the super rich. 531 00:25:06,240 --> 00:25:08,919 Speaker 15: You get some money from them. And that's exactly also 532 00:25:09,880 --> 00:25:12,439 Speaker 15: what the socials say. On the left, there's saying, you know, 533 00:25:12,520 --> 00:25:14,679 Speaker 15: let's have a rich text, the ultra rich should be 534 00:25:14,720 --> 00:25:16,359 Speaker 15: taxed more. The thing. 535 00:25:16,480 --> 00:25:18,480 Speaker 14: The other thing is essentially mat Krome. 536 00:25:18,640 --> 00:25:20,920 Speaker 15: He's got what two years, not not even two years 537 00:25:20,920 --> 00:25:23,520 Speaker 15: after an office. He's a lame duck when it comes 538 00:25:23,520 --> 00:25:28,320 Speaker 15: to to the domestic politics anyway, and no one likes him. 539 00:25:28,480 --> 00:25:31,040 Speaker 15: His opinion whole ratings are really low. At the best, 540 00:25:31,080 --> 00:25:34,080 Speaker 15: he can sort of scuffer together eighteen percent approval ratings, 541 00:25:34,119 --> 00:25:37,199 Speaker 15: so no one wants him to succeed, so all he 542 00:25:37,200 --> 00:25:40,040 Speaker 15: can do is try and find another prime minister. 543 00:25:40,480 --> 00:25:41,880 Speaker 14: And as they're saying here, you. 544 00:25:41,800 --> 00:25:43,560 Speaker 15: Know, just in the last couple of minutes, the joke 545 00:25:43,560 --> 00:25:46,119 Speaker 15: around is next, please, who wants it next? 546 00:25:46,280 --> 00:25:47,919 Speaker 3: Well, that's the thing, isn't it. I mean you need 547 00:25:47,960 --> 00:25:50,000 Speaker 3: to find I suppose Barney was like that. You know, 548 00:25:50,040 --> 00:25:52,160 Speaker 3: he'd been doing other work. He's probably sitting there having 549 00:25:52,200 --> 00:25:53,520 Speaker 3: a good time, and he said, do you want to 550 00:25:53,520 --> 00:25:54,840 Speaker 3: do me a favor and run the place for a 551 00:25:54,840 --> 00:25:56,560 Speaker 3: while and see when you get some numbers through the house. 552 00:25:56,600 --> 00:25:58,560 Speaker 3: You need to find somebody who's gone. Look, I'll give 553 00:25:58,560 --> 00:25:59,879 Speaker 3: it a crack, but I mean, who wants that? 554 00:26:01,440 --> 00:26:04,600 Speaker 15: Well, this is also the problem when you've got presidential 555 00:26:04,680 --> 00:26:06,959 Speaker 15: elections coming up in just under two years time. No 556 00:26:07,000 --> 00:26:10,840 Speaker 15: one wants to have their copybook blotted by having ruined 557 00:26:10,880 --> 00:26:15,480 Speaker 15: the economy, of being behind a widespread process that break out, 558 00:26:15,640 --> 00:26:17,720 Speaker 15: which is expected that there will be protests the next 559 00:26:17,760 --> 00:26:21,199 Speaker 15: couple of weeks. There's almost someone somewhere some of the 560 00:26:21,280 --> 00:26:24,760 Speaker 15: names that have been dripped up, you know, politicians have 561 00:26:24,880 --> 00:26:27,159 Speaker 15: retired and they can bring them back to sort of 562 00:26:27,200 --> 00:26:30,400 Speaker 15: mind the shock. So steady the ship, and I think 563 00:26:30,440 --> 00:26:33,880 Speaker 15: that is actually what Macron does, what and if anything 564 00:26:33,920 --> 00:26:36,160 Speaker 15: that was fast our Byrooy managed to do. They kind 565 00:26:36,160 --> 00:26:40,040 Speaker 15: of stabilize it for a while domestically, which allowed Macron 566 00:26:40,080 --> 00:26:42,840 Speaker 15: to go and do what he does on the international scene, 567 00:26:42,880 --> 00:26:45,280 Speaker 15: which French people do like all. 568 00:26:45,200 --> 00:26:46,879 Speaker 3: Right, Catherine, good to catch up with you. So you 569 00:26:46,880 --> 00:26:49,159 Speaker 3: asson Catherine Field in France for us this morning. And 570 00:26:49,760 --> 00:26:52,199 Speaker 3: I mean that's before we get to Britain, which is 571 00:26:52,760 --> 00:26:55,920 Speaker 3: equally a cluster at the moment, after the reshuffle and 572 00:26:55,960 --> 00:26:58,000 Speaker 3: the resignation in the boat for the deputy Prime Minister 573 00:26:58,080 --> 00:26:59,560 Speaker 3: and all the new jobs that will come to rod 574 00:26:59,600 --> 00:27:01,760 Speaker 3: later on mine away from seven, the. 575 00:27:01,840 --> 00:27:07,120 Speaker 2: Make Hosking breakfast with Rainthrower news TODs dead b. 576 00:27:06,280 --> 00:27:09,359 Speaker 3: By the taxpayer union poll yesterday. I wasn't a national 577 00:27:09,440 --> 00:27:12,439 Speaker 3: upper bur labor gone nowhere anyway. The point is sixty 578 00:27:12,440 --> 00:27:15,200 Speaker 3: one sixty. Everyone seemed to make a headline out of it. 579 00:27:15,200 --> 00:27:16,880 Speaker 3: It would be a change of government. I mean, will 580 00:27:16,880 --> 00:27:18,280 Speaker 3: it really? I mean if you look at the numbers 581 00:27:18,280 --> 00:27:21,359 Speaker 3: for the parties, the Greens are at almost eleven percent, 582 00:27:21,400 --> 00:27:24,159 Speaker 3: that's not real. To party Murray is at four and 583 00:27:24,160 --> 00:27:26,520 Speaker 3: a half percent, that's not real. It's not remotely real. 584 00:27:27,320 --> 00:27:29,679 Speaker 3: So all the rest are you know, apparently actor at 585 00:27:29,680 --> 00:27:31,320 Speaker 3: six point seven. It may or may not be real. 586 00:27:31,359 --> 00:27:33,280 Speaker 3: But they're down two points. I mean, you don't lose that. 587 00:27:33,600 --> 00:27:36,240 Speaker 3: There's too much movement, is what I'm saying. It's up, 588 00:27:36,280 --> 00:27:41,760 Speaker 3: it's down, it's all over the place. The by election 589 00:27:41,920 --> 00:27:44,320 Speaker 3: was going to be close. Woops, Now it wasn't five 590 00:27:44,359 --> 00:27:45,359 Speaker 3: minutes away from seven. 591 00:27:48,280 --> 00:27:51,560 Speaker 2: Well, the ins and the outs, it's the fiz with 592 00:27:51,840 --> 00:27:55,520 Speaker 2: business flavor, take your business productivity to the next level. 593 00:27:55,320 --> 00:27:57,200 Speaker 3: Telling it's going to be close, and that's going to 594 00:27:57,280 --> 00:28:00,000 Speaker 3: make the next year an exciting year. QB house price startup, 595 00:28:00,080 --> 00:28:02,320 Speaker 3: what can I tell you? Down for the three months 596 00:28:02,359 --> 00:28:05,680 Speaker 3: until August, So the last three months until August down 597 00:28:05,760 --> 00:28:08,120 Speaker 3: zero point eight on average, So the average price around 598 00:28:08,119 --> 00:28:10,280 Speaker 3: the country nine oh seven. Now Queen's down laughing up 599 00:28:10,359 --> 00:28:13,359 Speaker 3: two point five percent, that's almost a percent a month. 600 00:28:14,200 --> 00:28:16,680 Speaker 3: Also an increase one point seven percent in Hastings. A 601 00:28:16,720 --> 00:28:18,640 Speaker 3: couple of small ones tower on a zero point three 602 00:28:18,680 --> 00:28:20,800 Speaker 3: in picangle zero point four, New plymth zero point one, 603 00:28:20,840 --> 00:28:23,760 Speaker 3: all moving in the right direction. Nelson largest quarterly drop 604 00:28:23,800 --> 00:28:25,639 Speaker 3: at three point two. That's over a percent a month, 605 00:28:25,840 --> 00:28:29,000 Speaker 3: what's going on? Nelson? Wellington down two point four, Auckland 606 00:28:29,080 --> 00:28:31,800 Speaker 3: one point four, Hamilton one point two. Christ It's down 607 00:28:31,800 --> 00:28:33,720 Speaker 3: one point two. Hamilton's interesting. Wait till I get to 608 00:28:33,760 --> 00:28:37,120 Speaker 3: Hamilton Central. The Needon down zero point seven. It's flatish, 609 00:28:37,119 --> 00:28:40,280 Speaker 3: apart from the odd exception, flatish. I think we're settling 610 00:28:40,320 --> 00:28:43,080 Speaker 3: down a bit now. If you want to do your 611 00:28:43,080 --> 00:28:46,200 Speaker 3: peak numbers, Auckland's down twenty percent on peak, Wellington's down 612 00:28:46,240 --> 00:28:48,440 Speaker 3: thirty percent on peak. Once upon a time, Wellington, your 613 00:28:48,440 --> 00:28:50,480 Speaker 3: house was worth one point four million, Now it's worth one. 614 00:28:50,760 --> 00:28:53,600 Speaker 3: You've lost four hundred thousand dollars and you've got Tory 615 00:28:54,440 --> 00:28:57,840 Speaker 3: Queenstown now one eight six. Your home is worth two 616 00:28:57,880 --> 00:28:59,400 Speaker 3: hundred and seventy thousand dollars more than it was in 617 00:28:59,480 --> 00:29:02,120 Speaker 3: twenty twenty to it's the place to be now. As 618 00:29:02,160 --> 00:29:04,600 Speaker 3: regards my big bet with Andrew Callaheer, I said prices 619 00:29:04,640 --> 00:29:06,640 Speaker 3: would rise seven percent for the year. I am, of 620 00:29:06,640 --> 00:29:10,360 Speaker 3: course right if you isolate out Techapoe as the singular 621 00:29:10,400 --> 00:29:13,160 Speaker 3: example of that, and in the techapoe is up seven percent. 622 00:29:13,200 --> 00:29:14,680 Speaker 3: See I told you, and I think that's what we've 623 00:29:14,720 --> 00:29:18,400 Speaker 3: been focusing on. I said, you know where Tekapo goes, 624 00:29:18,440 --> 00:29:20,160 Speaker 3: the market goes. I mean, that's an old saying in 625 00:29:20,200 --> 00:29:23,040 Speaker 3: real estate. And what about Hamilton Central, So Hamilton General, 626 00:29:23,360 --> 00:29:25,440 Speaker 3: don't worry about what I said about them. Hamilton Central 627 00:29:25,520 --> 00:29:27,320 Speaker 3: up six point eight percent? Shall we call that seven? 628 00:29:27,320 --> 00:29:28,200 Speaker 3: Shall we call it lunch? 629 00:29:28,360 --> 00:29:29,880 Speaker 6: No wonder they call it the city of Love. 630 00:29:30,120 --> 00:29:33,080 Speaker 3: That is exactly what's going on there, right News me 631 00:29:33,200 --> 00:29:37,200 Speaker 3: in a couple of moments, Police Commissioner Richard Chambers, Mark 632 00:29:37,320 --> 00:29:41,480 Speaker 3: Mitchell on the same subject later on, and the Brian 633 00:29:41,560 --> 00:29:42,720 Speaker 3: Roach with us as well. 634 00:29:43,160 --> 00:29:46,120 Speaker 2: The Breakfast Show, Kiwi's Trust to Stay in the Know, 635 00:29:46,600 --> 00:29:51,040 Speaker 2: The Mike Hosking Breakfast with a Vida, Retirement, Communities, Life 636 00:29:51,200 --> 00:29:52,560 Speaker 2: Your Way News togs. 637 00:29:52,360 --> 00:29:54,960 Speaker 3: Head been seven past seven, so after virtually four years, 638 00:29:54,960 --> 00:29:57,320 Speaker 3: the Tom Phillips saka came to a conclusion yesterday in 639 00:29:57,360 --> 00:30:00,600 Speaker 3: dramatic fashion. Phillips as dead. A police officer remains in condition, 640 00:30:00,640 --> 00:30:02,960 Speaker 3: but the children are safe, with the remaining two haven't 641 00:30:02,960 --> 00:30:05,840 Speaker 3: been found. Late afternoon, Richard Chambers, Police Commissioner with us, 642 00:30:05,840 --> 00:30:06,640 Speaker 3: Good morning. 643 00:30:06,640 --> 00:30:07,440 Speaker 6: Good morning, Mike. 644 00:30:07,560 --> 00:30:10,880 Speaker 3: As we sit here this morning, the overarching approach of 645 00:30:10,920 --> 00:30:13,720 Speaker 3: the police in allowing this to go as long as 646 00:30:13,720 --> 00:30:15,360 Speaker 3: it did. Your views are what. 647 00:30:16,880 --> 00:30:19,320 Speaker 12: Well look First of all, Mike, I am very very 648 00:30:19,400 --> 00:30:25,600 Speaker 12: relieved that we have safely recovered for children. Our goal 649 00:30:25,680 --> 00:30:28,200 Speaker 12: was always to ensure they're safe recovery. It was also 650 00:30:28,320 --> 00:30:32,920 Speaker 12: to ensure the safe arrest of mister Phillips that played 651 00:30:32,920 --> 00:30:34,840 Speaker 12: out in a way yesterday morning that none of us 652 00:30:35,600 --> 00:30:39,960 Speaker 12: hoped would occur, but it did. Yes, it's taken a while, 653 00:30:40,000 --> 00:30:43,360 Speaker 12: and I know there'll be questions, but I've been brief 654 00:30:43,400 --> 00:30:46,040 Speaker 12: throughout this process. I know my staff have worked very 655 00:30:46,160 --> 00:30:50,560 Speaker 12: very hard for a very long time in very challenging circumstances, dances, 656 00:30:50,640 --> 00:30:54,400 Speaker 12: and you know, it's there's obviously a lot of work 657 00:30:54,400 --> 00:30:56,640 Speaker 12: to do now in terms of putting the puzzle together, 658 00:30:56,680 --> 00:30:59,760 Speaker 12: but I know how hard they've worked, and I'm just 659 00:30:59,840 --> 00:31:03,600 Speaker 12: very very relieved that the children have been recovered safely. 660 00:31:03,680 --> 00:31:05,480 Speaker 3: I think we all are. Having said that, when you 661 00:31:05,520 --> 00:31:08,320 Speaker 3: talk about the questions, who's asking the questions? And are 662 00:31:08,360 --> 00:31:11,239 Speaker 3: you asking the questions of yourself? And is that an 663 00:31:11,240 --> 00:31:12,320 Speaker 3: official process? 664 00:31:13,480 --> 00:31:15,840 Speaker 12: Absolutely it is, Mike. Yes, Look, we ask questions of 665 00:31:15,920 --> 00:31:18,880 Speaker 12: ourselves all the time. Even I have been involved in 666 00:31:18,920 --> 00:31:21,480 Speaker 12: that this year while I've been the commissioner. I visited 667 00:31:21,480 --> 00:31:25,320 Speaker 12: staff at their operation day, so visited staff out in 668 00:31:25,360 --> 00:31:27,640 Speaker 12: the field and the bush late at night. You know, 669 00:31:28,200 --> 00:31:30,520 Speaker 12: I've shown them my best support, and we've always asked 670 00:31:30,600 --> 00:31:34,400 Speaker 12: questions of ourselves. We challenge ourselves. We've spoken to other 671 00:31:34,520 --> 00:31:40,840 Speaker 12: law enforcement, we've spoken with private providers of capability. We've 672 00:31:40,840 --> 00:31:43,680 Speaker 12: done everything, and my staff have done a magnificent job, 673 00:31:44,280 --> 00:31:46,000 Speaker 12: very very challenging circumstances. 674 00:31:46,200 --> 00:31:48,560 Speaker 3: That sounds like because I was going to ask, was 675 00:31:48,600 --> 00:31:51,080 Speaker 3: this a deliberate approach? In other words, were you worried 676 00:31:51,120 --> 00:31:53,240 Speaker 3: that the children would be harmed therefore you didn't want 677 00:31:53,280 --> 00:31:56,120 Speaker 3: to bring it to a dramatic conclusion or your comments 678 00:31:56,160 --> 00:31:58,840 Speaker 3: previously indicate that perhaps you were looking, but you simply 679 00:31:58,920 --> 00:31:59,720 Speaker 3: couldn't find them. 680 00:32:00,520 --> 00:32:00,600 Speaker 15: No. 681 00:32:00,760 --> 00:32:04,640 Speaker 12: Look, we have always been very very concerned, Mike. We 682 00:32:04,720 --> 00:32:07,480 Speaker 12: knew that we were dealing with an armed, a dangerous 683 00:32:07,480 --> 00:32:11,800 Speaker 12: and a very motivated individual in mister Phillips, and we 684 00:32:11,880 --> 00:32:14,240 Speaker 12: had to be very very cautious about the approach that 685 00:32:14,280 --> 00:32:18,280 Speaker 12: we have taken. You know, that played out yesterday morning 686 00:32:18,320 --> 00:32:20,560 Speaker 12: in a way that we suspected it could, which is 687 00:32:20,600 --> 00:32:23,720 Speaker 12: not something that any of us wanted. But our assessment 688 00:32:23,760 --> 00:32:27,000 Speaker 12: of the situation over the last four years has been 689 00:32:27,040 --> 00:32:32,240 Speaker 12: spot on, and that was shown yesterday morning when when 690 00:32:32,440 --> 00:32:37,560 Speaker 12: we confronted mister Phillips, he shot one of my staff and. 691 00:32:39,040 --> 00:32:40,640 Speaker 6: We had to return fire. 692 00:32:41,040 --> 00:32:43,640 Speaker 12: And we have always been concerned that that may be 693 00:32:43,680 --> 00:32:47,320 Speaker 12: exactly what occurred, and of course that may also involve 694 00:32:47,800 --> 00:32:48,280 Speaker 12: the children. 695 00:32:48,640 --> 00:32:50,520 Speaker 3: When you found the camp and the two kids at 696 00:32:50,520 --> 00:32:52,440 Speaker 3: the camp last night, was it a place where you 697 00:32:52,560 --> 00:32:54,920 Speaker 3: thought it's no wonder we didn't find it, or was 698 00:32:54,920 --> 00:32:56,800 Speaker 3: it a place you thought, hell, we should have been 699 00:32:56,840 --> 00:32:57,360 Speaker 3: here sooner. 700 00:32:58,240 --> 00:33:00,840 Speaker 12: Well, look, we are very confident that this is not 701 00:33:00,920 --> 00:33:03,840 Speaker 12: the location where they have spent a considerable amount of time. 702 00:33:03,880 --> 00:33:06,160 Speaker 12: We believe they have been moving around. The terrain in 703 00:33:06,200 --> 00:33:10,600 Speaker 12: this area is challenging, and they've been on the move, 704 00:33:10,840 --> 00:33:14,000 Speaker 12: and they were deep in the bush about two kilometers 705 00:33:14,000 --> 00:33:18,720 Speaker 12: away from where the shooting occurred yesterday morning. And we 706 00:33:18,800 --> 00:33:22,920 Speaker 12: also had information that there were further firearms at this campsite. 707 00:33:22,960 --> 00:33:26,000 Speaker 12: So again, yes, it took us a while to ensure 708 00:33:26,000 --> 00:33:28,760 Speaker 12: the safe fortaviary of the children yesterday, but we had 709 00:33:28,800 --> 00:33:31,520 Speaker 12: to take that approach because we knew that there were 710 00:33:31,520 --> 00:33:35,040 Speaker 12: firearms present and we could not we could not risk 711 00:33:35,080 --> 00:33:37,960 Speaker 12: anything plan out that might compromise the safety of those children. 712 00:33:38,000 --> 00:33:40,120 Speaker 3: All my staff correct me if I've got this wrong, 713 00:33:40,160 --> 00:33:43,000 Speaker 3: but the officer going to the burglary was by himself. 714 00:33:43,160 --> 00:33:45,560 Speaker 3: Back up was coming, but in an area where you 715 00:33:45,680 --> 00:33:48,640 Speaker 3: knew he probably was and there would be a burglary 716 00:33:48,800 --> 00:33:51,160 Speaker 3: or some sort of issue in the early hours of 717 00:33:51,280 --> 00:33:54,120 Speaker 3: a morning. Why was a singular police officer going to 718 00:33:54,160 --> 00:33:54,800 Speaker 3: something like that. 719 00:33:55,680 --> 00:33:57,360 Speaker 12: Well, look, I was in Albourn yesterday. I got a 720 00:33:57,400 --> 00:33:59,720 Speaker 12: phone call it one pin forty seven in the morning, 721 00:33:59,720 --> 00:34:02,200 Speaker 12: and as soon as that happened, I jumped onto our 722 00:34:02,200 --> 00:34:03,880 Speaker 12: police system and I had a look at the number 723 00:34:03,920 --> 00:34:06,360 Speaker 12: of units that were in the area at the time, 724 00:34:06,440 --> 00:34:09,480 Speaker 12: and yes, that support was close by, and that obviously 725 00:34:09,480 --> 00:34:12,759 Speaker 12: played out yesterday morning, thank Heavens, with the backup that 726 00:34:12,880 --> 00:34:15,840 Speaker 12: was there on the spot. So he was in a 727 00:34:15,920 --> 00:34:18,319 Speaker 12: car police on his own, but he was with his 728 00:34:18,400 --> 00:34:23,000 Speaker 12: colleagues Yesaturday morning, so I'm confident that support was what 729 00:34:23,120 --> 00:34:23,920 Speaker 12: I would want it to be. 730 00:34:24,160 --> 00:34:25,000 Speaker 3: Okay, how is he? 731 00:34:26,800 --> 00:34:30,040 Speaker 12: Look, he's spent most of yesterday and surgery. He's got 732 00:34:30,080 --> 00:34:33,640 Speaker 12: serious injuries to his head and his shoulder, and I'm 733 00:34:33,680 --> 00:34:36,600 Speaker 12: looking really forward to gain seeing him and his family 734 00:34:36,680 --> 00:34:37,120 Speaker 12: this morning. 735 00:34:37,120 --> 00:34:37,440 Speaker 6: In the way. 736 00:34:37,480 --> 00:34:40,600 Speaker 3: Kto the thing that bugged me the whole time is 737 00:34:40,360 --> 00:34:43,719 Speaker 3: this community thing whereby somehow this guy's a hero, or 738 00:34:43,800 --> 00:34:45,600 Speaker 3: he's allowed to do what he wants to do, or 739 00:34:46,080 --> 00:34:48,600 Speaker 3: I don't understand that. Do you deal with that? Is 740 00:34:48,600 --> 00:34:50,400 Speaker 3: that common in rural New Zealand? 741 00:34:51,680 --> 00:34:55,200 Speaker 12: You mean in respect of mister Phillips. Yeah, he's not 742 00:34:55,239 --> 00:34:55,520 Speaker 12: a hero. 743 00:34:55,800 --> 00:34:58,480 Speaker 3: No, I know that, I know that, But people defend him. 744 00:34:58,520 --> 00:35:00,240 Speaker 3: They still defend him to this day. 745 00:35:00,640 --> 00:35:03,839 Speaker 12: Oh sure, Look, look you know there's I'm sure there 746 00:35:03,840 --> 00:35:08,520 Speaker 12: are some in the community who may defend him. Look, 747 00:35:09,880 --> 00:35:12,120 Speaker 12: we just dire with the situation that we need to 748 00:35:12,120 --> 00:35:14,120 Speaker 12: in a way that the community and the public would 749 00:35:14,120 --> 00:35:17,799 Speaker 12: expect us to. And our priority has always been the 750 00:35:18,080 --> 00:35:20,799 Speaker 12: safer rest of mister Phillips in the same recovery of 751 00:35:20,800 --> 00:35:23,400 Speaker 12: the children, I respective of what people's views may be, 752 00:35:23,520 --> 00:35:26,160 Speaker 12: whether that's himself or other people in the community. So 753 00:35:26,200 --> 00:35:28,400 Speaker 12: we just get on with the job. Very proud of 754 00:35:28,440 --> 00:35:31,239 Speaker 12: myselff who's done a remarkable job. And I'm just very 755 00:35:31,320 --> 00:35:31,880 Speaker 12: very relieved. 756 00:35:31,920 --> 00:35:35,160 Speaker 3: Appreciate your time. Richard Chambers Police Commissioner, Mark Mitchell, Police 757 00:35:35,200 --> 00:35:38,400 Speaker 3: Minister with a shortly meantime at thirteen minutes past seven. 758 00:35:39,080 --> 00:35:42,440 Speaker 3: The industrial landscape, more strike action possible by teachers. Secondary 759 00:35:42,440 --> 00:35:44,000 Speaker 3: teacher has been off at two point five and two 760 00:35:44,040 --> 00:35:47,320 Speaker 3: point one over two years. Union once that rejected meantime 761 00:35:47,360 --> 00:35:50,439 Speaker 3: Primary two point seven and four point one de mite 762 00:35:50,440 --> 00:35:52,520 Speaker 3: finding warnings there's no more money, Sir Brian Roaches, the 763 00:35:52,520 --> 00:35:54,040 Speaker 3: Public Services Commissioner, and he's. 764 00:35:53,880 --> 00:35:55,320 Speaker 1: With us morning, good morningly. 765 00:35:55,480 --> 00:35:57,440 Speaker 3: On a scale of one to ten, ten you want 766 00:35:57,440 --> 00:36:00,400 Speaker 3: to ring somebody's neck. What's your level of frustration over this? 767 00:36:02,600 --> 00:36:05,920 Speaker 16: Definitely around eight to nine, because I think it's a 768 00:36:06,080 --> 00:36:09,200 Speaker 16: genuine lost opportunity to get a good outcome on a 769 00:36:09,239 --> 00:36:12,120 Speaker 16: timely basis that benefits teachers. 770 00:36:12,080 --> 00:36:18,320 Speaker 3: Primary, particularly four point one. What's the problem? 771 00:36:18,560 --> 00:36:20,640 Speaker 16: That's a problem. That's a question you really put to them. 772 00:36:20,840 --> 00:36:23,800 Speaker 16: We thought really hard about this. We were always wanting 773 00:36:24,280 --> 00:36:27,440 Speaker 16: this round to go as quickly and as efficiently as possible. 774 00:36:27,440 --> 00:36:30,120 Speaker 16: I think it's a very credible offer, it's very fair, 775 00:36:30,920 --> 00:36:33,560 Speaker 16: and it reflects since trade offs who've had to make. 776 00:36:33,719 --> 00:36:36,799 Speaker 16: So the fact that they've rejected it, I just it's 777 00:36:36,960 --> 00:36:37,880 Speaker 16: illogical to me. 778 00:36:38,320 --> 00:36:40,640 Speaker 3: I know there are differences between jobs. I get that, 779 00:36:40,760 --> 00:36:43,719 Speaker 3: but the secondary at two point one versus primary at 780 00:36:43,719 --> 00:36:46,120 Speaker 3: four point one, why is there a difference and is 781 00:36:46,160 --> 00:36:47,240 Speaker 3: that potentially an issue? 782 00:36:48,680 --> 00:36:48,759 Speaker 15: No? 783 00:36:49,440 --> 00:36:51,680 Speaker 16: Those one is over one year, the other one is. 784 00:36:51,640 --> 00:36:53,239 Speaker 6: Over the period of the term. 785 00:36:53,400 --> 00:36:57,279 Speaker 16: So it's it is very fair and equitable between all 786 00:36:57,400 --> 00:37:01,000 Speaker 16: teachers across the whole sector. And something we did. We 787 00:37:01,120 --> 00:37:04,239 Speaker 16: decided last week to send a common letter to all 788 00:37:04,320 --> 00:37:06,480 Speaker 16: three of them, as I said earlier, because we are 789 00:37:06,480 --> 00:37:10,800 Speaker 16: already determined to stop the disruption to the children, the students, 790 00:37:10,880 --> 00:37:14,440 Speaker 16: the parents and the teachers. And I'm very surprised that 791 00:37:14,520 --> 00:37:16,040 Speaker 16: they've rejected it out of hand. 792 00:37:16,239 --> 00:37:18,640 Speaker 3: From their point of view, is this about money or 793 00:37:18,680 --> 00:37:19,440 Speaker 3: other stuff? 794 00:37:21,520 --> 00:37:23,880 Speaker 16: They say it's about other stuff, but that's a mystery. 795 00:37:23,960 --> 00:37:26,719 Speaker 16: I think ultimately it's about the headline number. I think 796 00:37:26,760 --> 00:37:27,760 Speaker 16: the headline. 797 00:37:27,360 --> 00:37:28,440 Speaker 6: Number is very good. 798 00:37:28,840 --> 00:37:32,480 Speaker 16: There's been a significant investment put into education this year 799 00:37:32,520 --> 00:37:35,120 Speaker 16: by the government through the budget. We've done a lot 800 00:37:35,120 --> 00:37:39,239 Speaker 16: of things including paying this teacher's registration for each individual. 801 00:37:39,640 --> 00:37:43,160 Speaker 16: These things all demonstrate goodwill and commitment to the public 802 00:37:43,280 --> 00:37:44,440 Speaker 16: education system. 803 00:37:44,840 --> 00:37:48,200 Speaker 3: The callback days explain what they are and is that 804 00:37:48,320 --> 00:37:50,160 Speaker 3: part of the issue. 805 00:37:50,640 --> 00:37:52,920 Speaker 16: I understand, it's the issue that I haven't heard that 806 00:37:53,000 --> 00:37:54,759 Speaker 16: for me say look, I'll just talk you through so 807 00:37:54,920 --> 00:37:58,360 Speaker 16: that the callback days, basically, the teachers get paid fifty 808 00:37:58,360 --> 00:38:01,600 Speaker 16: two weeks a year, twelve weeks of which is non 809 00:38:01,680 --> 00:38:06,960 Speaker 16: contact time. So what we're saying is actually, we currently 810 00:38:07,440 --> 00:38:10,120 Speaker 16: have the ability to call you back for more to 811 00:38:10,239 --> 00:38:13,799 Speaker 16: ten days. We're looking at another ten days. They are 812 00:38:13,800 --> 00:38:17,319 Speaker 16: getting paid for this. It's not that we're depriving them 813 00:38:17,320 --> 00:38:20,360 Speaker 16: of anything. We're just asking them to be available for 814 00:38:20,840 --> 00:38:25,279 Speaker 16: basically time when the students aren't at school for development 815 00:38:25,480 --> 00:38:29,520 Speaker 16: career development. It is entirely reasonable. We are not shorthanding 816 00:38:29,600 --> 00:38:31,560 Speaker 16: anyone here or short changing. 817 00:38:32,000 --> 00:38:34,600 Speaker 3: So what's their problem They don't want a call back 818 00:38:34,680 --> 00:38:36,759 Speaker 3: day no matter what you pay them, or they want 819 00:38:36,800 --> 00:38:40,240 Speaker 3: more to be paid for a callback day. 820 00:38:40,280 --> 00:38:44,040 Speaker 16: It would seem I'm genuinely confused. I'm not avoiding the question. 821 00:38:44,440 --> 00:38:47,799 Speaker 16: We already pay them, we have the ability, and we're 822 00:38:47,840 --> 00:38:50,520 Speaker 16: asking for them to make themselves available. I think it 823 00:38:50,560 --> 00:38:53,960 Speaker 16: is entirely reasonable as somebody who funds them, that we 824 00:38:54,040 --> 00:38:57,600 Speaker 16: have some determination over the twelve weeks non contact. 825 00:38:57,920 --> 00:39:00,880 Speaker 3: How far apart are you in do you think? 826 00:39:02,520 --> 00:39:02,719 Speaker 17: Well? 827 00:39:02,719 --> 00:39:04,640 Speaker 16: I didn't think we were far apart at all. I 828 00:39:04,680 --> 00:39:06,440 Speaker 16: just think there has to be other issues which have 829 00:39:06,520 --> 00:39:08,840 Speaker 16: not been brought to my attention. We're not trying to 830 00:39:08,840 --> 00:39:12,080 Speaker 16: be stupid here, We're trying to find an efficient way through. 831 00:39:12,239 --> 00:39:13,840 Speaker 16: It is a new bargaining ground. 832 00:39:13,920 --> 00:39:15,600 Speaker 6: It was always going to be difficult. 833 00:39:15,960 --> 00:39:18,960 Speaker 16: I'm just really disappointed at where we've ended up because 834 00:39:19,000 --> 00:39:21,800 Speaker 16: I think there are the lost opportunity for the teachers. 835 00:39:21,920 --> 00:39:23,560 Speaker 3: And also, in your gut, how much of this is 836 00:39:23,560 --> 00:39:26,560 Speaker 3: about the unions as opposed to your average teacher. If 837 00:39:26,560 --> 00:39:28,319 Speaker 3: you rounded ten of them up and ask them and 838 00:39:28,360 --> 00:39:30,520 Speaker 3: talk to them, is this a union issue or a 839 00:39:30,560 --> 00:39:33,000 Speaker 3: genuine teacher issue and all teachers are behind the union? 840 00:39:34,719 --> 00:39:35,200 Speaker 1: I have my. 841 00:39:35,280 --> 00:39:39,239 Speaker 16: Doubts actually on that, Mic. I think most teachers just 842 00:39:39,360 --> 00:39:41,719 Speaker 16: want to be in the classroom. They want some certainty 843 00:39:41,760 --> 00:39:42,880 Speaker 16: and they want some reward. 844 00:39:43,080 --> 00:39:46,799 Speaker 3: That right, I appreciate it very much. Brian Rose, who 845 00:39:46,840 --> 00:39:50,359 Speaker 3: is the Public Service Commissioner. Speaking of wages, I'll come 846 00:39:50,400 --> 00:39:52,480 Speaker 3: back with some interesting numbers around our economy just a 847 00:39:52,520 --> 00:39:54,000 Speaker 3: couple of moments seventeen past. 848 00:39:55,160 --> 00:39:59,600 Speaker 2: The Mic Asking Breakfast Full Show podcast on iHeartRadio powered 849 00:39:59,600 --> 00:40:00,719 Speaker 2: by News Talks that be. 850 00:40:01,600 --> 00:40:03,560 Speaker 3: Just before I come to the wages and the wages 851 00:40:03,680 --> 00:40:06,840 Speaker 3: for everybody. By the way, our economy in general, international 852 00:40:06,840 --> 00:40:09,399 Speaker 3: comparisons were made yesterday and it's not particularly good reading, 853 00:40:09,480 --> 00:40:10,960 Speaker 3: but be that as it may. That's what happens when 854 00:40:11,000 --> 00:40:12,600 Speaker 3: you take an economy. Let me come back to that 855 00:40:12,880 --> 00:40:15,560 Speaker 3: on education, though, you know, I'm a fan of the 856 00:40:15,640 --> 00:40:17,960 Speaker 3: charter schools, not as a magic bullet or a silver 857 00:40:18,000 --> 00:40:21,480 Speaker 3: bullet or anything like that, but just as an alternative. 858 00:40:21,520 --> 00:40:24,640 Speaker 3: Listen to this. So Kaikoe Northern College, they're looking to 859 00:40:24,640 --> 00:40:28,520 Speaker 3: become a charter school, first state school to public publicly 860 00:40:28,560 --> 00:40:32,040 Speaker 3: reveal their doing so. The principal, Dwayne Allen, formerly a 861 00:40:32,080 --> 00:40:34,920 Speaker 3: strong opponent of charter schools, but after five years in charge, 862 00:40:35,200 --> 00:40:36,960 Speaker 3: he saw a need to try a different approach. We've 863 00:40:37,000 --> 00:40:39,319 Speaker 3: got really really good people here who are working really 864 00:40:39,360 --> 00:40:41,600 Speaker 3: hard to try and come up with innovative solutions within 865 00:40:41,640 --> 00:40:44,319 Speaker 3: the current system, and we haven't been able to get 866 00:40:44,320 --> 00:40:47,200 Speaker 3: the direction that we'd like to. So it's a genuine 867 00:40:47,280 --> 00:40:50,680 Speaker 3: investigation and a step into an alternative that we think 868 00:40:50,760 --> 00:40:54,160 Speaker 3: could be quite powerful. It's encouraging, isn't it? Seven twenty one. 869 00:40:55,760 --> 00:40:59,880 Speaker 2: The Mike Asking Breakfast Full Show podcast on iHeartRadio. 870 00:41:00,239 --> 00:41:05,080 Speaker 11: Goll It by Newstalks Evy Right. 871 00:41:05,080 --> 00:41:06,680 Speaker 3: If you're a business leader, you will aware of how 872 00:41:06,680 --> 00:41:09,799 Speaker 3: important the successful response to a potential customer's request for 873 00:41:09,880 --> 00:41:12,200 Speaker 3: proposal as to your future success. So if your business 874 00:41:12,200 --> 00:41:15,840 Speaker 3: spends a lot of time drafting those proposals, gathering supporting documents, 875 00:41:15,880 --> 00:41:18,919 Speaker 3: managing tight RFP response deadlines. All of that one net 876 00:41:18,960 --> 00:41:21,759 Speaker 3: can help. They've got the sister company, Grizzly AI have 877 00:41:21,880 --> 00:41:23,759 Speaker 3: gone and built that safe and secure path or risk 878 00:41:23,760 --> 00:41:27,320 Speaker 3: averse businesses to access Generator AI and the software enables 879 00:41:27,320 --> 00:41:30,359 Speaker 3: your sales team to automate the RFP proposal workflows using 880 00:41:30,719 --> 00:41:34,279 Speaker 3: leading AI models and most AI automation and solutions. As 881 00:41:34,280 --> 00:41:36,440 Speaker 3: I'm sure you're well aware, they are the black boxes. 882 00:41:36,480 --> 00:41:38,800 Speaker 3: You don't understand what's going on. But with Grizzly AI 883 00:41:39,239 --> 00:41:42,240 Speaker 3: all that automation that it's transparent so you can easily 884 00:41:42,320 --> 00:41:44,799 Speaker 3: make sure that everything is working as it should. So 885 00:41:45,280 --> 00:41:48,160 Speaker 3: if you need to grow your profit by winning new business, 886 00:41:48,160 --> 00:41:51,640 Speaker 3: one net, dot co dot MZ request a complementary consultation 887 00:41:51,719 --> 00:41:54,320 Speaker 3: to assess how your business can automate your RFP proposal 888 00:41:54,320 --> 00:41:57,440 Speaker 3: workflows with AI. It is one Net, it is Grizzly AI. 889 00:41:57,680 --> 00:42:01,000 Speaker 3: Innovation leaders since the year two thousand scheme Liven twenty 890 00:42:01,000 --> 00:42:03,920 Speaker 3: four right, simple lesson in running an economy, and it's 891 00:42:03,920 --> 00:42:05,359 Speaker 3: fall out if you get it wrong when it comes 892 00:42:05,400 --> 00:42:07,560 Speaker 3: to income growth, We're one of the worst in the 893 00:42:07,600 --> 00:42:09,279 Speaker 3: world and sorry to tell you this. In the past 894 00:42:09,360 --> 00:42:11,760 Speaker 3: decade we were twenty five out of forty three countries. 895 00:42:12,080 --> 00:42:14,359 Speaker 3: That's bad enough, But in the past couple of years 896 00:42:14,360 --> 00:42:16,960 Speaker 3: we learned yesterday post COVID the induced recession of all 897 00:42:17,120 --> 00:42:19,920 Speaker 3: robertson adorn the usual suspects. We're now thirty seven thirty 898 00:42:19,920 --> 00:42:23,040 Speaker 3: seven out of forty three. Why because when an economy 899 00:42:23,040 --> 00:42:25,279 Speaker 3: goes backwards, there are lots of people looking for work, 900 00:42:25,320 --> 00:42:26,680 Speaker 3: but not a lot of work to do. So you 901 00:42:26,719 --> 00:42:28,359 Speaker 3: don't have to pay people as much as you might 902 00:42:28,400 --> 00:42:30,319 Speaker 3: have if you couldn't find anyone to do the job, 903 00:42:30,360 --> 00:42:33,399 Speaker 3: because they are all gamefully employed. Side note, by the way, 904 00:42:33,719 --> 00:42:36,680 Speaker 3: is a bloke called Girko runs a company called XDX Markets. 905 00:42:36,880 --> 00:42:39,359 Speaker 3: He's currently offering interns who want to deal with AI 906 00:42:39,440 --> 00:42:43,120 Speaker 3: and trading fifty three thousand dollars a month a month. 907 00:42:43,360 --> 00:42:46,240 Speaker 3: That's because the world can't get enough excuse me tech geeks, 908 00:42:46,560 --> 00:42:48,240 Speaker 3: and the ones who are good are offered a fortune. 909 00:42:48,560 --> 00:42:51,400 Speaker 3: It's good old fashioned supply and demand. Basically, the banks 910 00:42:51,440 --> 00:42:54,839 Speaker 3: call it capacity in the economy. When you have capacity, 911 00:42:55,160 --> 00:42:56,800 Speaker 3: you don't have a lot of jobs about the place. 912 00:42:57,000 --> 00:43:00,319 Speaker 3: You can if you're so desire artificially paper people more. 913 00:43:00,360 --> 00:43:02,960 Speaker 3: I mean in Britain, for example, their wage growth remarkable 914 00:43:03,239 --> 00:43:05,160 Speaker 3: as well, in excess of five percent, which is well 915 00:43:05,200 --> 00:43:08,480 Speaker 3: above inflation. So people, at least in theory, are getting ahead. 916 00:43:08,520 --> 00:43:10,960 Speaker 3: And you might say, well, based on those figures, my word, 917 00:43:11,000 --> 00:43:13,960 Speaker 3: Britain is doing well, except they're not because they paid 918 00:43:14,000 --> 00:43:17,239 Speaker 3: the public service masses more money than they didn't have, 919 00:43:17,719 --> 00:43:20,279 Speaker 3: and hence they're now in basically little short of a 920 00:43:20,360 --> 00:43:23,120 Speaker 3: fiscal crisis, which is why you see teachers, nurses and 921 00:43:23,160 --> 00:43:26,080 Speaker 3: doctors here on strike, because they're being offered pay rises 922 00:43:26,080 --> 00:43:29,319 Speaker 3: below inflation. But then when the people writing the checks 923 00:43:29,320 --> 00:43:31,279 Speaker 3: have less than no money, you might be might be 924 00:43:31,320 --> 00:43:34,760 Speaker 3: worth asking why that is, And the answer is because 925 00:43:34,760 --> 00:43:37,560 Speaker 3: we screwed the economy, printed the money, blew the budget, 926 00:43:37,560 --> 00:43:39,320 Speaker 3: and all the previous government could offer by way of 927 00:43:39,400 --> 00:43:42,799 Speaker 3: rationale was the well used line we saved lives, and 928 00:43:42,840 --> 00:43:46,280 Speaker 3: even that, according to the COVID inquiry, is now highly debatable. Anyway, 929 00:43:46,680 --> 00:43:50,640 Speaker 3: years on wage growth some of the worst in the world, 930 00:43:51,320 --> 00:43:56,920 Speaker 3: brought about entirely by making simple fundamental economic mistakes. Asking 931 00:43:57,200 --> 00:43:59,400 Speaker 3: much the more you understand the remuneration of teachers, the 932 00:43:59,400 --> 00:44:02,200 Speaker 3: more frustrated disappointed you get, well spoken Brian Roche, Mike, 933 00:44:02,239 --> 00:44:05,880 Speaker 3: surely it's time in the public started getting genuinely angry 934 00:44:05,880 --> 00:44:08,319 Speaker 3: with teachers in the union. It's ridiculous, Mike, one hundred 935 00:44:08,320 --> 00:44:10,879 Speaker 3: and ten k for forty weeks worth. I'll take that. 936 00:44:11,000 --> 00:44:12,880 Speaker 3: It's not all one hundred and ten but you know, 937 00:44:13,120 --> 00:44:16,520 Speaker 3: eventually the numbers don't lie, and eventually you come to 938 00:44:16,560 --> 00:44:20,080 Speaker 3: the conclusion. Do you not that it's actually not bad money? 939 00:44:20,080 --> 00:44:22,200 Speaker 3: And what are you and the job for the personal 940 00:44:22,239 --> 00:44:25,440 Speaker 3: satisfaction of growing young minds? Or is it just an 941 00:44:25,480 --> 00:44:28,719 Speaker 3: endless battle to get more and more and more importantly 942 00:44:28,760 --> 00:44:31,560 Speaker 3: for me, I reckon, most of the teachers are over it, 943 00:44:32,160 --> 00:44:34,520 Speaker 3: and this is a union based thing, and I think 944 00:44:34,560 --> 00:44:37,160 Speaker 3: that in there as part of the problem. Let's return 945 00:44:37,239 --> 00:44:39,080 Speaker 3: to the Phillips case. In a couple of moments, the 946 00:44:39,080 --> 00:44:42,880 Speaker 3: Police Minister Mark Mitchell is with us next News Talk said. 947 00:44:44,880 --> 00:44:49,000 Speaker 2: Your source of freaking news, challenging opinion and honors facts, 948 00:44:49,200 --> 00:44:53,640 Speaker 2: the Mike Hosking Breakfast with Rainthrover, Leading by example, News 949 00:44:53,680 --> 00:44:55,920 Speaker 2: Togs Dead b James Lachlan. 950 00:44:56,000 --> 00:44:58,240 Speaker 3: You may or may not know the name well renowned 951 00:44:58,280 --> 00:45:00,799 Speaker 3: strategist and high performance leadership which is with us after 952 00:45:01,040 --> 00:45:02,840 Speaker 3: eight o'clock this morning for something about up lived In 953 00:45:02,840 --> 00:45:04,960 Speaker 3: twenty three minutes, away from back to the Phillips case. 954 00:45:05,000 --> 00:45:07,520 Speaker 3: Phillip's dead, of course, the officer remains in the hospital, 955 00:45:07,840 --> 00:45:10,560 Speaker 3: the children recovered. So what happens now. Mark Mitchell's the 956 00:45:10,560 --> 00:45:12,920 Speaker 3: police minister and as well as Marke good morning. 957 00:45:13,360 --> 00:45:14,000 Speaker 18: Good morning, Mike. 958 00:45:14,160 --> 00:45:17,440 Speaker 3: So your thoughts on yesterday and more broadly, your thoughts 959 00:45:17,480 --> 00:45:18,680 Speaker 3: on the last four years. 960 00:45:19,680 --> 00:45:23,240 Speaker 18: Well, I mean, obviously an awful situation to everyone involved. 961 00:45:23,280 --> 00:45:25,880 Speaker 18: We've got a police officer that was critically injured thankfully 962 00:45:25,920 --> 00:45:29,040 Speaker 18: has come through a surgeries yesterday quite well. Myself and 963 00:45:29,040 --> 00:45:31,879 Speaker 18: the Commissioner are driving down there shortly to go him 964 00:45:31,920 --> 00:45:36,200 Speaker 18: and his family. You know, I think everyone could see, Mike, 965 00:45:36,800 --> 00:45:40,360 Speaker 18: just how difficult the situation was for police to deal with. 966 00:45:40,440 --> 00:45:43,799 Speaker 18: It's almost the worst case scenario when you've got a 967 00:45:43,880 --> 00:45:47,000 Speaker 18: father with three children deep in the bush with firearms, 968 00:45:47,120 --> 00:45:47,960 Speaker 18: high powered. 969 00:45:47,680 --> 00:45:51,239 Speaker 1: Firearms, unpredictable and likely to use them. 970 00:45:51,360 --> 00:45:54,360 Speaker 18: And so you know, in some ways though, it was 971 00:45:54,360 --> 00:45:59,040 Speaker 18: an absolute tragedy yesterday. Obviously, recovering the children and having 972 00:45:59,040 --> 00:46:02,240 Speaker 18: them now safely and I rang a tmricky and extended 973 00:46:02,280 --> 00:46:05,640 Speaker 18: family care, you know, is a good thing. 974 00:46:05,760 --> 00:46:07,399 Speaker 3: Did it need to go as long as it did? 975 00:46:08,880 --> 00:46:11,440 Speaker 18: Well, like I said, it was you look at the 976 00:46:11,440 --> 00:46:13,600 Speaker 18: complexity of the situation they're dealing with. I've been the 977 00:46:13,640 --> 00:46:16,960 Speaker 18: policemanister now for over eighteen months. I've spoken with and 978 00:46:17,080 --> 00:46:20,399 Speaker 18: visited several of the officers that have been on prolonged operations, 979 00:46:21,120 --> 00:46:23,440 Speaker 18: that have been investigating and have been working hard to 980 00:46:23,440 --> 00:46:26,800 Speaker 18: try and recover those children safely, and they were confronted 981 00:46:26,840 --> 00:46:30,600 Speaker 18: with almost an impossible situation. We've got a very unpredictable, 982 00:46:31,200 --> 00:46:35,080 Speaker 18: you know, father with high powered firearms, likely to use them, 983 00:46:35,239 --> 00:46:38,640 Speaker 18: and they don't want to create a tragedy. 984 00:46:39,040 --> 00:46:40,120 Speaker 1: And that is all of us. 985 00:46:40,160 --> 00:46:42,399 Speaker 18: I think every key we would fear, certainly my fear 986 00:46:42,440 --> 00:46:46,279 Speaker 18: as the minister, you know, losing those children. You know, 987 00:46:46,360 --> 00:46:49,120 Speaker 18: the focus was always on the safe recovery of the 988 00:46:49,200 --> 00:46:53,160 Speaker 18: children and it was just a very very difficult situation 989 00:46:53,239 --> 00:46:55,560 Speaker 18: for them to deal with. They three resources, edit, they 990 00:46:55,560 --> 00:46:57,360 Speaker 18: were relentless in the way that they approached it and 991 00:46:57,400 --> 00:47:00,480 Speaker 18: trying to recover them. But always they understand that it 992 00:47:00,520 --> 00:47:03,160 Speaker 18: was a very dangerous situation to go into and it 993 00:47:03,200 --> 00:47:04,560 Speaker 18: was and they were going to try and avoid it 994 00:47:04,600 --> 00:47:07,399 Speaker 18: all costs, putting those children in harm's way. 995 00:47:07,640 --> 00:47:09,920 Speaker 3: Did you have intel on that, did you have a 996 00:47:10,040 --> 00:47:14,760 Speaker 3: genuine knowledge based belief that he was capable of harming 997 00:47:14,800 --> 00:47:15,440 Speaker 3: his own children. 998 00:47:16,840 --> 00:47:19,759 Speaker 18: Well, I don't know, Abe, I can't answer that I 999 00:47:19,840 --> 00:47:22,000 Speaker 18: was in the detail in terms of the riskst analysis 1000 00:47:22,040 --> 00:47:23,840 Speaker 18: that would have been done around him and whether or 1001 00:47:23,920 --> 00:47:26,640 Speaker 18: not he was capable of harming his own children. I 1002 00:47:26,719 --> 00:47:29,040 Speaker 18: do know this that he is the suspect for some 1003 00:47:29,120 --> 00:47:32,000 Speaker 18: serious violent offending over the period that he's had them, 1004 00:47:32,000 --> 00:47:34,880 Speaker 18: and he's included those children in that offending, and no 1005 00:47:35,000 --> 00:47:38,200 Speaker 18: responsible father would ever put their children in harm's way, 1006 00:47:38,280 --> 00:47:38,880 Speaker 18: and he did that. 1007 00:47:41,320 --> 00:47:43,479 Speaker 3: Because what I'm trying to suppose her to a degree 1008 00:47:43,560 --> 00:47:45,399 Speaker 3: doesn't really matter now. But what I'm trying to work 1009 00:47:45,440 --> 00:47:48,640 Speaker 3: out is, did you guys or did the police know 1010 00:47:49,200 --> 00:47:51,920 Speaker 3: ish where he was and if they'd worked a bit 1011 00:47:51,960 --> 00:47:54,759 Speaker 3: harder they could have found him sooner or was that 1012 00:47:54,840 --> 00:47:58,120 Speaker 3: not really the emphasis? The emphasis was we don't want 1013 00:47:58,120 --> 00:47:58,879 Speaker 3: the katan. 1014 00:47:59,560 --> 00:48:03,000 Speaker 18: The emphasis we don't want the kids armed. And so, 1015 00:48:03,200 --> 00:48:05,200 Speaker 18: you know, the police are very good, they're very efficient, 1016 00:48:05,200 --> 00:48:07,919 Speaker 18: they've got lots of tools, they've got very deep capability, 1017 00:48:08,640 --> 00:48:11,760 Speaker 18: they can find people. But it's a big complicating factor 1018 00:48:12,160 --> 00:48:14,399 Speaker 18: when you've got young children in a situation with high 1019 00:48:14,440 --> 00:48:17,799 Speaker 18: powered firearms and a very unpredictable father and not knowing 1020 00:48:18,239 --> 00:48:20,480 Speaker 18: you know, exactly how he's going to react and respond. 1021 00:48:20,760 --> 00:48:23,600 Speaker 18: That was definitely my fears as police minister, without a doubt, 1022 00:48:24,480 --> 00:48:28,960 Speaker 18: averting a tragedy. Unfortunately, mister Phillips has been killed. He's 1023 00:48:28,960 --> 00:48:31,839 Speaker 18: been killed because he used he showed that he would 1024 00:48:31,960 --> 00:48:34,440 Speaker 18: use those firearms and we now have a police officer 1025 00:48:34,440 --> 00:48:37,120 Speaker 18: that's critically injured Line in the hospital because you know, 1026 00:48:37,200 --> 00:48:38,279 Speaker 18: Phillips tried to kill him. 1027 00:48:38,360 --> 00:48:40,359 Speaker 3: Speaking of that, I asked Chambers, that's the same question 1028 00:48:40,400 --> 00:48:42,560 Speaker 3: that I'm interested in your view. Why does an officer 1029 00:48:42,640 --> 00:48:47,080 Speaker 3: go out in remote New Zealand in these specific circumstances 1030 00:48:47,160 --> 00:48:50,120 Speaker 3: knowing that a burglary chances are it's you know who, 1031 00:48:50,239 --> 00:48:52,880 Speaker 3: Why is he out there by himself with back up coming? 1032 00:48:53,040 --> 00:48:55,200 Speaker 3: I know, but he was still out there by himself. 1033 00:48:55,800 --> 00:48:58,120 Speaker 18: Well, that is operational. I do leave the commissioner to 1034 00:48:58,160 --> 00:49:00,319 Speaker 18: speak with that. But why do police officers take risk? 1035 00:49:00,360 --> 00:49:03,560 Speaker 18: Because because they take their jobs very seriously and they're 1036 00:49:03,600 --> 00:49:06,960 Speaker 18: willing to put themselves at risk to protect the communities 1037 00:49:07,000 --> 00:49:09,160 Speaker 18: that they serve. And I'm extremely proud of them. The 1038 00:49:09,200 --> 00:49:13,680 Speaker 18: officers that responded to that, in my viewer, are very 1039 00:49:13,680 --> 00:49:17,279 Speaker 18: courageous and the way that they dealt with it, you know, 1040 00:49:17,320 --> 00:49:19,160 Speaker 18: And that is the nature of policing. And I get 1041 00:49:19,160 --> 00:49:21,560 Speaker 18: to see and hear about tens of thousands of positive 1042 00:49:21,640 --> 00:49:24,800 Speaker 18: actions that our police officers take every week in the 1043 00:49:25,160 --> 00:49:27,200 Speaker 18: service and the protection of the communities that they serve. 1044 00:49:27,920 --> 00:49:30,759 Speaker 18: So you know, from what I understand talking with the commissioner, 1045 00:49:30,760 --> 00:49:33,040 Speaker 18: there were more than there was more than one police 1046 00:49:33,040 --> 00:49:36,759 Speaker 18: officer there, and obviously you can see that there was 1047 00:49:36,800 --> 00:49:40,200 Speaker 18: a very firm, direct and immediate response from police in 1048 00:49:40,280 --> 00:49:42,680 Speaker 18: terms of dealing with that threat against the officer that 1049 00:49:42,719 --> 00:49:43,560 Speaker 18: had already been shot. 1050 00:49:44,080 --> 00:49:46,759 Speaker 3: The Obviously there are questions out of all of this, 1051 00:49:46,840 --> 00:49:48,520 Speaker 3: and there are debriefs, and I get all of that, 1052 00:49:48,560 --> 00:49:52,480 Speaker 3: But beyond the standard, does this present a bunch of 1053 00:49:52,920 --> 00:49:57,239 Speaker 3: unusual questions that might provide some unusual answers and the 1054 00:49:57,280 --> 00:49:59,120 Speaker 3: police need to be looking at the way they do things. 1055 00:49:59,239 --> 00:50:01,080 Speaker 3: Or are you comfortab Ball as you sit here talking 1056 00:50:01,080 --> 00:50:02,879 Speaker 3: to me this morning that things have gone as well 1057 00:50:02,920 --> 00:50:03,640 Speaker 3: as they could have. 1058 00:50:04,560 --> 00:50:07,080 Speaker 18: I'm very comfortable since I've become police Minister that they 1059 00:50:07,120 --> 00:50:09,360 Speaker 18: have tried everything and they've done all that they could 1060 00:50:09,640 --> 00:50:13,719 Speaker 18: to try and recover those children safely. Like any good organization, 1061 00:50:13,800 --> 00:50:16,320 Speaker 18: the police are constantly looking for improvement. They will review 1062 00:50:16,440 --> 00:50:19,560 Speaker 18: everything that's happened. There will be significant after action reviews. 1063 00:50:19,600 --> 00:50:22,640 Speaker 18: I know how the police operate. Of course, there's some 1064 00:50:22,680 --> 00:50:25,840 Speaker 18: inquiries that are immediately spark there'll be an eternal police inquiry, 1065 00:50:25,880 --> 00:50:28,600 Speaker 18: there'll be an IBC inquiry, and it's a coroner's case 1066 00:50:28,640 --> 00:50:32,319 Speaker 18: as well. But am I comfortable that the police have 1067 00:50:32,600 --> 00:50:36,919 Speaker 18: absolutely done everything that they could, that they have made 1068 00:50:37,000 --> 00:50:39,239 Speaker 18: sure that at the center of everything that they've done 1069 00:50:39,239 --> 00:50:41,880 Speaker 18: and the decisions that they've made have put the children 1070 00:50:41,920 --> 00:50:44,319 Speaker 18: in their safety at the heart of that. And I 1071 00:50:44,360 --> 00:50:46,520 Speaker 18: think we all saw in the last twenty four hours 1072 00:50:46,800 --> 00:50:50,239 Speaker 18: it all highlighted just how difficult the situation was for 1073 00:50:50,320 --> 00:50:51,720 Speaker 18: police to manage. 1074 00:50:51,840 --> 00:50:53,640 Speaker 3: I don't know if I'm drawing too many dot joining 1075 00:50:53,640 --> 00:50:55,200 Speaker 3: too many dots here, but you happen to be in 1076 00:50:55,239 --> 00:50:58,680 Speaker 3: Melbourne with Chambers at a funeral of a couple of 1077 00:50:58,680 --> 00:51:01,799 Speaker 3: slain police officers, or yet a number and Nutter that's 1078 00:51:01,840 --> 00:51:04,920 Speaker 3: still looking for in Victoria. Is there something going on 1079 00:51:05,080 --> 00:51:08,160 Speaker 3: here where we are seeing more and more men with 1080 00:51:08,320 --> 00:51:10,279 Speaker 3: guns going rogue and it's a thing. 1081 00:51:11,680 --> 00:51:13,680 Speaker 18: So that's something that will be to I have a 1082 00:51:13,680 --> 00:51:16,719 Speaker 18: Police Council meeting in Canberra early next month. That's something 1083 00:51:16,719 --> 00:51:20,600 Speaker 18: that's on the agenda to discuss. Obviously, the situation in 1084 00:51:20,719 --> 00:51:21,800 Speaker 18: Victoria is tragic. 1085 00:51:21,840 --> 00:51:23,359 Speaker 3: We're at both the. 1086 00:51:23,280 --> 00:51:26,040 Speaker 18: Commissioner and I are at the service of Neil Thompson, 1087 00:51:27,160 --> 00:51:30,480 Speaker 18: a thirty nine year veteran that was literally days away 1088 00:51:30,520 --> 00:51:35,200 Speaker 18: from retiring and was killed by a person that caused 1089 00:51:35,239 --> 00:51:38,840 Speaker 18: himself a sovereign citizen. So you know, there's still a 1090 00:51:38,920 --> 00:51:42,279 Speaker 18: large police operation of men hunt underway there to try 1091 00:51:42,320 --> 00:51:44,719 Speaker 18: and find him. But you know, the issue that you 1092 00:51:44,840 --> 00:51:46,839 Speaker 18: raised is something that we'll be talking about further. 1093 00:51:46,880 --> 00:51:49,160 Speaker 3: Without a doubt. Do you have a view on the community, 1094 00:51:49,200 --> 00:51:51,520 Speaker 3: because when there's the local community here, I'm talking about 1095 00:51:51,560 --> 00:51:54,640 Speaker 3: the number of people who defended this guy, and men 1096 00:51:54,719 --> 00:51:56,759 Speaker 3: in the country go bush with guns and they take 1097 00:51:56,760 --> 00:51:58,360 Speaker 3: their kids and that's just life. And we in the 1098 00:51:58,360 --> 00:52:00,680 Speaker 3: city don't have a clue what's going on. And that's 1099 00:52:00,680 --> 00:52:03,520 Speaker 3: still that that view still pervades. Does that abnormal? 1100 00:52:04,480 --> 00:52:06,920 Speaker 18: Well, you and I fathers and I don't think that 1101 00:52:06,960 --> 00:52:09,080 Speaker 18: you or I would take our children away from their 1102 00:52:09,120 --> 00:52:15,000 Speaker 18: broader support networks, away from their friends, family, put them 1103 00:52:15,040 --> 00:52:17,839 Speaker 18: and take them out with serious violent offending, put them 1104 00:52:17,840 --> 00:52:20,680 Speaker 18: at harms in harm's way, you. 1105 00:52:20,640 --> 00:52:22,400 Speaker 3: Know, and shoot police officers. 1106 00:52:22,920 --> 00:52:25,719 Speaker 18: So you know, I don't really understand why people are 1107 00:52:25,760 --> 00:52:28,520 Speaker 18: holding this guy up as a as a pillar of 1108 00:52:28,600 --> 00:52:31,680 Speaker 18: society and someone that should be admired. A quick complete opposite. 1109 00:52:31,840 --> 00:52:34,480 Speaker 18: He's shot one of our police officers. Probably very very 1110 00:52:34,520 --> 00:52:37,400 Speaker 18: lucky that police officer alive and that police officers out 1111 00:52:37,440 --> 00:52:39,600 Speaker 18: there putting himself in harm's way to protect the community 1112 00:52:39,640 --> 00:52:40,120 Speaker 18: that he serves. 1113 00:52:40,200 --> 00:52:41,560 Speaker 3: All right, mate, I'll let you get on with you day. 1114 00:52:41,560 --> 00:52:44,120 Speaker 3: Appreciate it very much. Make mature police minister with us 1115 00:52:44,160 --> 00:52:47,200 Speaker 3: the morning. One legal question for you after the break 1116 00:52:47,239 --> 00:52:48,320 Speaker 3: seven forty five. 1117 00:52:49,440 --> 00:52:53,360 Speaker 2: Love Asking Breakfast Full Show podcast on iHeartRadio. 1118 00:52:53,600 --> 00:52:54,600 Speaker 1: Now Advay News. 1119 00:52:54,400 --> 00:52:57,600 Speaker 3: Talks at Me, Mike, you should read out some of 1120 00:52:57,600 --> 00:52:59,760 Speaker 3: the comments on read it. Ninety nine percent of proton 1121 00:52:59,840 --> 00:53:02,040 Speaker 3: for describe him as a model father and the police 1122 00:53:02,080 --> 00:53:05,799 Speaker 3: has beenful of bastards. The thing I'll always remember about 1123 00:53:05,800 --> 00:53:08,839 Speaker 3: this particular case is my wife, when she was doing 1124 00:53:09,040 --> 00:53:13,080 Speaker 3: Kate Hawksby, when she was doing early Edition at the 1125 00:53:13,200 --> 00:53:16,600 Speaker 3: very start of this story said there's something deeply wrong 1126 00:53:16,680 --> 00:53:21,120 Speaker 3: here and this isn't going to necessarily end well, which 1127 00:53:21,160 --> 00:53:25,239 Speaker 3: I thought was relatively obvious and not slightly astute observation. 1128 00:53:25,440 --> 00:53:30,719 Speaker 3: And the hate she got from people who accused her 1129 00:53:30,760 --> 00:53:33,799 Speaker 3: of being from you know, urban New Zealand. Didn't have 1130 00:53:33,800 --> 00:53:37,000 Speaker 3: a clue how life worked. These blokes wander off into 1131 00:53:37,000 --> 00:53:39,200 Speaker 3: the bush where their kids all the time. Everyone goes 1132 00:53:39,239 --> 00:53:43,479 Speaker 3: bush every weekend. Guns are fun, everyone's got guns. Don't 1133 00:53:43,520 --> 00:53:46,000 Speaker 3: talk to us from Auckland about how we live our lives. 1134 00:53:46,080 --> 00:53:48,880 Speaker 3: You know, it was a shock. I just couldn't believe 1135 00:53:49,200 --> 00:53:51,720 Speaker 3: the amount of you know, it wasn't just an opinion, 1136 00:53:51,760 --> 00:53:55,399 Speaker 3: it was just vitriol. And so ultimately she of course 1137 00:53:55,440 --> 00:53:58,880 Speaker 3: proven was proven sadly to be correct. The simple question 1138 00:53:58,960 --> 00:54:01,279 Speaker 3: I have, and there's just open needed question if someone 1139 00:54:01,320 --> 00:54:03,920 Speaker 3: with a legal mind has the answer. Given this is 1140 00:54:03,960 --> 00:54:08,640 Speaker 3: a court case and dealt with the looking after of kids, 1141 00:54:09,840 --> 00:54:12,399 Speaker 3: why is o rung A Tomriiki involved? Does oh rung 1142 00:54:12,400 --> 00:54:16,480 Speaker 3: A Tomriki automatically get involved if, for example, the family 1143 00:54:16,520 --> 00:54:19,960 Speaker 3: don't want them to be so, In other words, presumably 1144 00:54:20,200 --> 00:54:23,439 Speaker 3: something's happened. The extraordinary thing about this is the time 1145 00:54:23,560 --> 00:54:26,359 Speaker 3: or length of time. But under normal circumstances, when there's 1146 00:54:26,360 --> 00:54:29,000 Speaker 3: a breach and mum and dad have been fighting over 1147 00:54:29,000 --> 00:54:30,680 Speaker 3: the kids and there's a breach, the kids go back 1148 00:54:30,680 --> 00:54:34,000 Speaker 3: to the side that won the court case. Is that 1149 00:54:35,080 --> 00:54:38,000 Speaker 3: still the same today? Or do is there a time 1150 00:54:38,080 --> 00:54:40,360 Speaker 3: thing where I rung a tamariki get involved or have 1151 00:54:40,400 --> 00:54:42,560 Speaker 3: to get involved or the lawyer says they must get involved. 1152 00:54:42,600 --> 00:54:44,920 Speaker 3: Obviously the family say we want help, they will. But 1153 00:54:44,920 --> 00:54:46,759 Speaker 3: if the family simply say right, we've got a kids 1154 00:54:46,760 --> 00:54:48,720 Speaker 3: back leat us alone, let us get on with our lives. 1155 00:54:49,440 --> 00:54:51,000 Speaker 3: Is that the end of it as far as the 1156 00:54:51,000 --> 00:54:54,080 Speaker 3: state's concerned. Where does the law sit with that? If 1157 00:54:54,080 --> 00:54:55,279 Speaker 3: you can let me know that, it'll be good. 1158 00:54:55,280 --> 00:54:59,440 Speaker 2: Tend away the Mike Asking Breakfast with Bailey's Real Estate 1159 00:54:59,560 --> 00:55:00,120 Speaker 2: news top. 1160 00:55:00,520 --> 00:55:02,560 Speaker 3: Shiving away from it. Got new rental down to this morning, 1161 00:55:02,560 --> 00:55:04,719 Speaker 3: good news for the renter drop across the board. The 1162 00:55:04,800 --> 00:55:07,680 Speaker 3: national average down to six twenty eight, lowest since September 1163 00:55:07,719 --> 00:55:10,399 Speaker 3: of twenty three, Wellington down almost twelve percent, Aukland down 1164 00:55:10,400 --> 00:55:14,480 Speaker 3: two point three. Listings are up sixteen percent year on year. 1165 00:55:15,520 --> 00:55:18,759 Speaker 3: Mike Atkinson is managing director of the Spire Property as 1166 00:55:18,800 --> 00:55:22,760 Speaker 3: well as Mike Morning, Good Morning. These monthly numbers, especially 1167 00:55:22,760 --> 00:55:25,360 Speaker 3: in a place like Wellington, are they noise or we 1168 00:55:25,400 --> 00:55:27,440 Speaker 3: actually got some sort of trend going on here on 1169 00:55:27,480 --> 00:55:28,720 Speaker 3: a monthly basis? 1170 00:55:29,360 --> 00:55:30,840 Speaker 7: I think we do actually have a bit of a 1171 00:55:30,880 --> 00:55:34,480 Speaker 7: trend happening in particular in Wellington. You know, they're facing 1172 00:55:34,520 --> 00:55:37,360 Speaker 7: all the same economic headwinds that the whole country is facing, 1173 00:55:38,600 --> 00:55:41,360 Speaker 7: but some more specific ones as well, with all the 1174 00:55:41,440 --> 00:55:44,560 Speaker 7: public service jobs that have gone nine five hundred jobs 1175 00:55:44,560 --> 00:55:48,120 Speaker 7: have gone there in the last two years, and Nationals 1176 00:55:48,120 --> 00:55:51,120 Speaker 7: cutting back on all the consultants and contractors of slash 1177 00:55:51,160 --> 00:55:54,279 Speaker 7: spending thereby one hundred and seventy five million. So that's 1178 00:55:54,320 --> 00:55:55,960 Speaker 7: a lot of people that sort of don't need to 1179 00:55:56,000 --> 00:55:58,160 Speaker 7: be living in the Wellington City area anymore. 1180 00:55:58,320 --> 00:56:02,000 Speaker 3: So if there's a fall is the bottom. 1181 00:56:02,080 --> 00:56:04,720 Speaker 7: I think in the Auckland market, we've seen the listings 1182 00:56:04,760 --> 00:56:06,680 Speaker 7: starting to come back down, so I think we may 1183 00:56:06,680 --> 00:56:09,800 Speaker 7: be getting close to the bottom at the moment. Everything 1184 00:56:09,880 --> 00:56:11,680 Speaker 7: always picks up a bit in the summer months, so 1185 00:56:11,719 --> 00:56:13,399 Speaker 7: there'll be some temporary release there. 1186 00:56:13,719 --> 00:56:16,640 Speaker 3: Okay, the sixty seven hundred listings for the month of August, 1187 00:56:16,640 --> 00:56:18,680 Speaker 3: where do they all come from? 1188 00:56:19,000 --> 00:56:21,160 Speaker 7: Oh, that's just people that aren't able to find a 1189 00:56:21,200 --> 00:56:24,320 Speaker 7: tenant basically, So when the properties stay online, that number 1190 00:56:24,320 --> 00:56:24,759 Speaker 7: goes up. 1191 00:56:24,840 --> 00:56:27,840 Speaker 3: So it's really more listings. It's not suddenly there's a 1192 00:56:27,840 --> 00:56:30,000 Speaker 3: whole bunch of houses suddenly coming to the market. 1193 00:56:30,880 --> 00:56:32,880 Speaker 7: Oh well, I do think there is an increase in 1194 00:56:32,960 --> 00:56:36,040 Speaker 7: actual overall supply. You know, you see all this townhouse 1195 00:56:36,080 --> 00:56:38,719 Speaker 7: developments happening right across the country over the last two 1196 00:56:38,800 --> 00:56:40,800 Speaker 7: or three years, and they are coming onto the market. 1197 00:56:40,880 --> 00:56:42,240 Speaker 7: So it's a combination of both. 1198 00:56:42,600 --> 00:56:46,239 Speaker 3: Okay, they're better deals out there. I mean, what's your 1199 00:56:46,239 --> 00:56:48,000 Speaker 3: advice to rent is? I mean, good for rent is 1200 00:56:48,000 --> 00:56:49,120 Speaker 3: not so good for landlords? 1201 00:56:50,160 --> 00:56:52,600 Speaker 7: Yeah, I mean my advice to tenants is that rents 1202 00:56:52,600 --> 00:56:55,319 Speaker 7: are definitely negotiable at the moment. And my advice to 1203 00:56:55,440 --> 00:56:57,680 Speaker 7: landlords is to work with the tenants that you do 1204 00:56:57,840 --> 00:57:01,200 Speaker 7: have and really value them. So a commercial tenant, you know, 1205 00:57:01,239 --> 00:57:03,000 Speaker 7: you don't just replace a tenant if you have a 1206 00:57:03,040 --> 00:57:03,920 Speaker 7: minus agreement. 1207 00:57:04,200 --> 00:57:06,880 Speaker 3: Yeah, exactly, all right, my good insight precire at micat 1208 00:57:06,920 --> 00:57:09,640 Speaker 3: cans Aspire, property managing director five minutes away from eight. 1209 00:57:10,640 --> 00:57:12,680 Speaker 3: So get to the red meat numbers, and I want 1210 00:57:12,719 --> 00:57:15,000 Speaker 3: to because that's very good news. Strong European demand for 1211 00:57:15,000 --> 00:57:16,640 Speaker 3: the sheep. The sheep at eight hundred and sixty four 1212 00:57:16,640 --> 00:57:18,800 Speaker 3: million dollars for July. These are the native numbers came 1213 00:57:18,800 --> 00:57:21,800 Speaker 3: out yesterday. Export values and this is a cease overall 1214 00:57:22,080 --> 00:57:23,880 Speaker 3: the amount of meat was shipping around the world is 1215 00:57:23,920 --> 00:57:26,000 Speaker 3: down a smage, not a lot, bit a bit, but 1216 00:57:26,120 --> 00:57:31,080 Speaker 3: the value is up. So sheep meat up nineteen percent. Volume, 1217 00:57:31,680 --> 00:57:34,680 Speaker 3: for example, grew thirty four percent into Europe, so that's 1218 00:57:34,760 --> 00:57:38,320 Speaker 3: encouraging export values higher across all your major markets. So 1219 00:57:38,360 --> 00:57:42,600 Speaker 3: we're getting more banged for buck. America largest overall destination 1220 00:57:42,800 --> 00:57:46,920 Speaker 3: up eleven percent, China up seventeen percent, the UK up 1221 00:57:47,040 --> 00:57:50,440 Speaker 3: forty nine percent, Taiwan up fifty one percent, Netherlands up 1222 00:57:50,480 --> 00:57:53,320 Speaker 3: thirty nine percent, So they're buying, they're buying more and 1223 00:57:53,360 --> 00:57:56,080 Speaker 3: they're paying more. Sheep meat value up twenty one percent, 1224 00:57:56,480 --> 00:57:59,000 Speaker 3: and if you add beef, which is the value up 1225 00:57:59,040 --> 00:58:01,400 Speaker 3: seventeen percent between the two of them, that's in excess 1226 00:58:01,440 --> 00:58:05,200 Speaker 3: of seven one hundred million dollars worth of business. Very 1227 00:58:05,200 --> 00:58:07,880 Speaker 3: interesting article are read from Australia. They're doing gang or 1228 00:58:07,880 --> 00:58:11,360 Speaker 3: they're going gangbusters beef wise into the States Americans. So 1229 00:58:11,520 --> 00:58:15,480 Speaker 3: the herd size in America is that historic lows, drought, 1230 00:58:15,560 --> 00:58:18,640 Speaker 3: cost of raising cattle, et cetera. That's not changing, nor 1231 00:58:18,720 --> 00:58:20,800 Speaker 3: is their desire to eat beef. They will not be 1232 00:58:20,920 --> 00:58:23,560 Speaker 3: shifted off beef no matter what the cost. Now the 1233 00:58:23,640 --> 00:58:27,040 Speaker 3: tariffs are killing them the two biggest markets for beef 1234 00:58:27,080 --> 00:58:29,480 Speaker 3: in America are Australia and Brazil. We're in there, but 1235 00:58:29,520 --> 00:58:32,360 Speaker 3: the big ones are Australia and Brazil. What's Brazil got 1236 00:58:32,360 --> 00:58:35,840 Speaker 3: fifty percent tariffs? The price of beef is through the roof. 1237 00:58:36,360 --> 00:58:38,400 Speaker 3: So they just had a long weekend, labor weekend. What 1238 00:58:38,400 --> 00:58:41,120 Speaker 3: are they buying? The buying burgers for the barbecue, for 1239 00:58:41,160 --> 00:58:44,160 Speaker 3: the grille, and they're paying more, so it's real, it's material. 1240 00:58:44,160 --> 00:58:46,280 Speaker 3: They gang will hold on Trump, he said the cost 1241 00:58:46,280 --> 00:58:47,400 Speaker 3: of everything's going to come down. 1242 00:58:47,440 --> 00:58:47,760 Speaker 1: It's not. 1243 00:58:48,440 --> 00:58:50,880 Speaker 3: It's going up. And because they can't give up beef, 1244 00:58:51,040 --> 00:58:53,600 Speaker 3: because they're hooked on it, they will pay whatever. So 1245 00:58:53,640 --> 00:58:58,400 Speaker 3: who's the winner, US, Australia and Brazil. Irony of ironies. 1246 00:58:58,800 --> 00:59:00,960 Speaker 3: How about a bit of motivation? If I'm not enough, 1247 00:59:01,720 --> 00:59:03,800 Speaker 3: well maybe it's a counter to me. Anyway, more on that. 1248 00:59:03,840 --> 00:59:05,560 Speaker 3: Shortly after the news, which is next. 1249 00:59:07,440 --> 00:59:12,280 Speaker 2: The news, the news makers the mic asking Breakfast with 1250 00:59:12,480 --> 00:59:15,960 Speaker 2: Bailey's Real Estate covering all your real estate needs, us 1251 00:59:16,040 --> 00:59:16,640 Speaker 2: Togs dead, b. 1252 00:59:21,440 --> 00:59:25,560 Speaker 3: Let's meet James Laughlin, ed Mice, change your life, James 1253 00:59:25,640 --> 00:59:27,760 Speaker 3: the seven time world champion drummer. I'll get to the 1254 00:59:27,800 --> 00:59:30,120 Speaker 3: drumming partner moment, a coach to top CEOs and the 1255 00:59:30,160 --> 00:59:32,920 Speaker 3: high performance leadership trainer and speaker. He also the mental 1256 00:59:32,960 --> 00:59:35,160 Speaker 3: skills coach for the Canterary Rugby people. This book is 1257 00:59:35,240 --> 00:59:37,800 Speaker 3: called Habits for High Performers. It's number one on the 1258 00:59:37,840 --> 00:59:41,200 Speaker 3: book Scandalist Comes, recommended by somebody called Sir John Key 1259 00:59:41,320 --> 00:59:44,160 Speaker 3: and Sam Whitelocke. Anyway, James Lachlan is well us, James, 1260 00:59:44,240 --> 00:59:45,360 Speaker 3: very good morning to you. 1261 00:59:46,160 --> 00:59:47,760 Speaker 6: Top of the mining mate, gret to speak to you. 1262 00:59:47,840 --> 00:59:48,160 Speaker 6: How are you? 1263 00:59:48,320 --> 00:59:50,120 Speaker 3: I'm very well. Indeed you'd be very happy with the 1264 00:59:50,120 --> 00:59:52,680 Speaker 3: Canterary performance at the weekend. And how long do you 1265 00:59:52,680 --> 00:59:54,440 Speaker 3: think they'll hold the rnfully shield? 1266 00:59:55,360 --> 00:59:55,600 Speaker 7: Long? 1267 00:59:55,640 --> 00:59:57,360 Speaker 6: Mat continue? That's all I have to say. 1268 00:59:59,160 --> 01:00:03,520 Speaker 3: Do you have a in Canterbury Rugby in general that 1269 01:00:03,600 --> 01:00:06,320 Speaker 3: they keep on keeping on and performing at the highest 1270 01:00:06,360 --> 01:00:09,520 Speaker 3: level year in, year out, no matter who happens to 1271 01:00:09,560 --> 01:00:11,320 Speaker 3: be there at the time. How does that work? 1272 01:00:12,480 --> 01:00:12,680 Speaker 6: Look? 1273 01:00:12,760 --> 01:00:15,120 Speaker 17: I think the leadership goes deep there, and it's been 1274 01:00:15,480 --> 01:00:17,120 Speaker 17: probably decades in the making. 1275 01:00:17,200 --> 01:00:17,480 Speaker 6: It said. 1276 01:00:17,480 --> 01:00:19,800 Speaker 17: It's no one secret sauce, but there's something at Rugby 1277 01:00:19,800 --> 01:00:22,120 Speaker 17: Park there when you walk in a pretty special place. 1278 01:00:22,160 --> 01:00:24,560 Speaker 17: And yes, certainly I think the leadership runs very deep. 1279 01:00:24,920 --> 01:00:26,960 Speaker 3: Okay, and so where do they or how do you 1280 01:00:27,040 --> 01:00:28,120 Speaker 3: fit into that equation? 1281 01:00:28,280 --> 01:00:32,320 Speaker 17: Then yes, I offer mental skills for the players and 1282 01:00:32,400 --> 01:00:35,360 Speaker 17: for the management, and I work with them as a team. 1283 01:00:35,520 --> 01:00:38,640 Speaker 17: Also work within the individually number of the old blacks 1284 01:00:38,680 --> 01:00:40,880 Speaker 17: as well, so working on the top two inches, performing 1285 01:00:40,960 --> 01:00:41,560 Speaker 17: under pressure. 1286 01:00:42,760 --> 01:00:45,240 Speaker 3: The thing I like about you immediately is you don't 1287 01:00:45,280 --> 01:00:48,520 Speaker 3: believe in work life balance. What do you believe in? 1288 01:00:49,320 --> 01:00:51,040 Speaker 17: Yeah, there's no such thing as work life plants. If 1289 01:00:51,040 --> 01:00:55,400 Speaker 17: people are chasing it, it's madness. I believe in counterbalance, 1290 01:00:55,560 --> 01:00:57,560 Speaker 17: that idea that you know you've got to work your 1291 01:00:57,560 --> 01:01:00,640 Speaker 17: butt off, work towards goals and the media, sixty seventy 1292 01:01:00,640 --> 01:01:03,360 Speaker 17: hour week, and then realize, okay, there's other things that 1293 01:01:03,400 --> 01:01:06,200 Speaker 17: are a high priority. What are they and turn your 1294 01:01:06,200 --> 01:01:08,960 Speaker 17: focus to those. So you're constantly in counterbalance. 1295 01:01:09,680 --> 01:01:12,160 Speaker 3: So how do you implement counterbalance in your life? I mean, 1296 01:01:12,200 --> 01:01:14,480 Speaker 3: what are you saying? Because normally I'm assuming and working 1297 01:01:14,520 --> 01:01:17,400 Speaker 3: really hard. It's the work that you're working hard at 1298 01:01:17,400 --> 01:01:18,440 Speaker 3: in general. 1299 01:01:19,720 --> 01:01:21,440 Speaker 17: Perc Look, I hear a lot make that. People say 1300 01:01:21,440 --> 01:01:23,760 Speaker 17: I'm busy, I'm really busy, And you know, I hear 1301 01:01:23,760 --> 01:01:25,960 Speaker 17: it from politicians, I hear it from leaders. I hear 1302 01:01:25,960 --> 01:01:28,320 Speaker 17: it from everyday people. But I would say most people 1303 01:01:28,320 --> 01:01:30,880 Speaker 17: don't have a busy problem, they have a priority problem. 1304 01:01:31,120 --> 01:01:33,280 Speaker 17: And getting clear on your priorities. 1305 01:01:33,320 --> 01:01:34,160 Speaker 6: You know what is that? Family? 1306 01:01:34,240 --> 01:01:37,120 Speaker 17: Is it, fitness, finances, work, Get clear on what order 1307 01:01:37,160 --> 01:01:39,560 Speaker 17: they are in and that will help you to counterbalance. 1308 01:01:39,840 --> 01:01:41,920 Speaker 3: Okay, so are these, by the way, in just in 1309 01:01:41,960 --> 01:01:44,920 Speaker 3: general terms, does this this a gift or is this 1310 01:01:45,040 --> 01:01:47,720 Speaker 3: learned and can be learned by anybody. 1311 01:01:48,000 --> 01:01:50,920 Speaker 17: High performance is not a birthrate, it's it's a habit. 1312 01:01:51,000 --> 01:01:54,880 Speaker 17: So what separates high performers from everyone else is not hustle, 1313 01:01:55,200 --> 01:01:57,439 Speaker 17: it's not luck, it's simply habits. 1314 01:01:57,800 --> 01:02:00,280 Speaker 3: What is a high performer? I mean, so how do 1315 01:02:00,320 --> 01:02:02,560 Speaker 3: you know you are one or that person over there 1316 01:02:02,640 --> 01:02:02,960 Speaker 3: is one? 1317 01:02:03,040 --> 01:02:06,360 Speaker 6: I mean apart from the Auchius Yeah, absolutely so. 1318 01:02:06,800 --> 01:02:11,000 Speaker 17: First thing, assistently exceeding norms, So not just doing it once, 1319 01:02:11,040 --> 01:02:13,400 Speaker 17: but doing it multiple times. Well, so, whether it's you know, 1320 01:02:13,440 --> 01:02:15,200 Speaker 17: for me it was drumming as a kid, winning the 1321 01:02:15,200 --> 01:02:17,640 Speaker 17: World championships once, that was good, but let's win a 1322 01:02:17,760 --> 01:02:21,040 Speaker 17: multiple times. Consistently exceed the norms in your industry or 1323 01:02:21,080 --> 01:02:26,120 Speaker 17: in your life whilst maintaining healthy relationships and well being. 1324 01:02:26,160 --> 01:02:27,720 Speaker 17: That last bit is crucial. 1325 01:02:28,920 --> 01:02:31,960 Speaker 3: Okay? Is that still the same as it was in 1326 01:02:32,000 --> 01:02:34,360 Speaker 3: the seventies, the eighties, the nineties, because our view of 1327 01:02:34,440 --> 01:02:37,040 Speaker 3: life and work has changed dramatically in that period of time, 1328 01:02:37,080 --> 01:02:38,720 Speaker 3: hasn't it hugely? 1329 01:02:38,840 --> 01:02:40,960 Speaker 17: And I would say back in the eighties and nineties, 1330 01:02:40,960 --> 01:02:43,040 Speaker 17: et cetera, it was about when at all costs, high 1331 01:02:43,040 --> 01:02:45,640 Speaker 17: performance is simply winning. But you and I both know 1332 01:02:45,680 --> 01:02:48,440 Speaker 17: there's a significant cost to that. I believe people can 1333 01:02:48,480 --> 01:02:52,240 Speaker 17: achieve on field whilst looking after themselves and their lives 1334 01:02:52,240 --> 01:02:52,720 Speaker 17: off field. 1335 01:02:53,000 --> 01:02:57,080 Speaker 3: Okay, that drumming I referenced, this was pipe band drumming, 1336 01:02:57,120 --> 01:02:59,600 Speaker 3: wasn't It wasn't like you know, you're backing up Phil Collins. 1337 01:02:59,640 --> 01:03:01,480 Speaker 3: Will sit next to Phil Collins on the drums. 1338 01:03:02,240 --> 01:03:04,440 Speaker 17: Now Phil Collins comes to us pipe band drummers for 1339 01:03:04,520 --> 01:03:06,240 Speaker 17: technique help. But no, I certainly wasn't. 1340 01:03:07,120 --> 01:03:09,840 Speaker 6: I wasn't a rock drummer. I was wearing a kilt net. 1341 01:03:11,040 --> 01:03:13,960 Speaker 3: So who were you world champion with? I mean, we're 1342 01:03:14,000 --> 01:03:15,040 Speaker 3: where did that all start? 1343 01:03:15,840 --> 01:03:16,000 Speaker 6: Yes? 1344 01:03:16,080 --> 01:03:19,040 Speaker 17: So I was a world solo juvenile champion as a 1345 01:03:19,080 --> 01:03:21,360 Speaker 17: young thirteen year old and fourteen year old again, and 1346 01:03:21,400 --> 01:03:25,040 Speaker 17: then headed to Vancouver, Canada and won it there five times. 1347 01:03:25,040 --> 01:03:27,880 Speaker 17: With the Simon Fraser University band and then came to 1348 01:03:27,880 --> 01:03:30,439 Speaker 17: New Zealand to help a band down in christ Church 1349 01:03:30,480 --> 01:03:33,120 Speaker 17: become the very first and still the only world champions 1350 01:03:33,120 --> 01:03:33,800 Speaker 17: from New Zealand. 1351 01:03:33,960 --> 01:03:37,400 Speaker 3: So you can teach greatness at that level. And in 1352 01:03:37,440 --> 01:03:39,680 Speaker 3: other words to Car, I've got a drum kit in 1353 01:03:39,760 --> 01:03:42,560 Speaker 3: my barn and the country and it's now mine based 1354 01:03:42,600 --> 01:03:44,400 Speaker 3: on the fact that I bought it for my child 1355 01:03:44,640 --> 01:03:48,080 Speaker 3: who used it twice. But I can't drum. I cannot 1356 01:03:48,120 --> 01:03:51,000 Speaker 3: do it. Could you teach me one? 1357 01:03:51,640 --> 01:03:54,120 Speaker 6: It's a very teachable skill. I promise you make right. 1358 01:03:54,240 --> 01:03:58,240 Speaker 3: So the foot, you know, the boom, so all of that, 1359 01:03:58,240 --> 01:04:00,959 Speaker 3: that coordination thing can be done. 1360 01:04:01,560 --> 01:04:02,040 Speaker 6: We've all got it. 1361 01:04:02,080 --> 01:04:03,880 Speaker 17: If you have a heartbeat and you're able to walk, 1362 01:04:03,920 --> 01:04:04,680 Speaker 17: you can be a drummer. 1363 01:04:04,760 --> 01:04:06,800 Speaker 3: Well, some people question the habig thing. That could be 1364 01:04:06,800 --> 01:04:11,120 Speaker 3: my problem. The seven the seven principles, So you get 1365 01:04:11,200 --> 01:04:14,160 Speaker 3: ridically clear. You sort of answered that before. So that's prioritization, 1366 01:04:14,280 --> 01:04:18,160 Speaker 3: right yep. So that's knowing what you want, how to 1367 01:04:18,200 --> 01:04:19,360 Speaker 3: do it and balancing it up. 1368 01:04:20,240 --> 01:04:21,920 Speaker 6: That's it. Most people find it difficult. 1369 01:04:22,160 --> 01:04:25,320 Speaker 3: Okay, supercharge your belief systems? What's that mean? 1370 01:04:26,280 --> 01:04:31,480 Speaker 17: So Mike, you are full of BS belief systems. I'm 1371 01:04:31,480 --> 01:04:32,920 Speaker 17: going to ask you a question. What's the first thing? 1372 01:04:32,960 --> 01:04:34,480 Speaker 17: First two or three things that come to mind when 1373 01:04:34,520 --> 01:04:35,320 Speaker 17: you think of an Irishman? 1374 01:04:36,560 --> 01:04:41,800 Speaker 3: Humor, drink and is that not right? I think, I 1375 01:04:41,840 --> 01:04:43,360 Speaker 3: think of greenness, I think of guinness and. 1376 01:04:43,400 --> 01:04:45,760 Speaker 17: Human There we go good on a great rugby team, 1377 01:04:45,760 --> 01:04:49,120 Speaker 17: of course. So what we're looking at there is your BS, 1378 01:04:49,120 --> 01:04:51,000 Speaker 17: your belief systems, and it doesn't make them right, doesn't 1379 01:04:51,000 --> 01:04:53,120 Speaker 17: make them wrong. But those things that the subconscious mind. 1380 01:04:53,200 --> 01:04:56,600 Speaker 17: High performers know that they believe certain things around failure, 1381 01:04:56,640 --> 01:05:00,400 Speaker 17: they believe certain things around money, success, the government, and 1382 01:05:00,440 --> 01:05:02,920 Speaker 17: these things. We've got to rewire them to help us 1383 01:05:02,920 --> 01:05:03,800 Speaker 17: achieve our goals. 1384 01:05:04,200 --> 01:05:05,880 Speaker 3: Is this the same with men and women? 1385 01:05:07,400 --> 01:05:09,800 Speaker 17: Well, I'd set us some global beliefs. Let's take money. 1386 01:05:10,680 --> 01:05:13,320 Speaker 17: Lots of us would believe money doesn't grow on trees. 1387 01:05:13,440 --> 01:05:13,720 Speaker 6: Certainly. 1388 01:05:13,760 --> 01:05:15,600 Speaker 17: I grew up in a small working class town and 1389 01:05:15,760 --> 01:05:17,919 Speaker 17: I believe it didn't grow on trees. So I would 1390 01:05:17,920 --> 01:05:21,080 Speaker 17: say there are global beliefs that transcend genders for sure. 1391 01:05:21,240 --> 01:05:22,880 Speaker 3: Okay, And I'll come back on the age thing in 1392 01:05:22,920 --> 01:05:24,560 Speaker 3: just a moment, And I've got three through seven for 1393 01:05:24,680 --> 01:05:27,080 Speaker 3: you shortly. James Laughlin more in a Moment. Habits for 1394 01:05:27,200 --> 01:05:29,880 Speaker 3: higher Performers thirteen past eight, The. 1395 01:05:29,960 --> 01:05:34,480 Speaker 2: Mic Hosking Breakfast Full Show podcast on iHeartRadio powered by 1396 01:05:34,560 --> 01:05:35,080 Speaker 2: News Talks. 1397 01:05:35,120 --> 01:05:38,040 Speaker 3: It Be News Talks, It Be sixteen past eight. James 1398 01:05:38,120 --> 01:05:41,480 Speaker 3: Loughlin's I guess habits for high performers. James, I'm getting 1399 01:05:41,480 --> 01:05:44,200 Speaker 3: the heat here. I disagree with this guy. You need 1400 01:05:44,240 --> 01:05:46,360 Speaker 3: internal rhythm to be a really good drummer, which is 1401 01:05:46,400 --> 01:05:49,640 Speaker 3: innate and can't be taught. You'll never make it. That's 1402 01:05:49,680 --> 01:05:51,120 Speaker 3: what Sylvia says. You say what. 1403 01:05:52,640 --> 01:05:54,920 Speaker 6: Sylvia is wrong, as simple as that. 1404 01:05:55,040 --> 01:05:58,040 Speaker 3: Sorry, Sylvia, You're wrong. Right Number three? Lead your life 1405 01:05:58,120 --> 01:05:59,240 Speaker 3: on purpose? What does that mean? 1406 01:06:00,160 --> 01:06:00,480 Speaker 6: You know what? 1407 01:06:00,520 --> 01:06:02,680 Speaker 17: Do work that matters? You know, not everyone's going to 1408 01:06:02,680 --> 01:06:05,320 Speaker 17: be a Mandela or a Mother terrasa. But do work 1409 01:06:05,440 --> 01:06:08,520 Speaker 17: actually matters? And we spend a lot of time working 1410 01:06:08,680 --> 01:06:12,080 Speaker 17: and following our passion. So do stuff that actually brings 1411 01:06:12,120 --> 01:06:14,600 Speaker 17: you Joe and makes a difference to others. And when 1412 01:06:14,640 --> 01:06:16,720 Speaker 17: I look at high performers over the long term, they 1413 01:06:16,720 --> 01:06:19,080 Speaker 17: have purpose interweaved into what they do. 1414 01:06:19,640 --> 01:06:23,160 Speaker 3: Would you recommend somebody leave their work if they were 1415 01:06:23,200 --> 01:06:24,960 Speaker 3: just doing it for the sake of doing it or 1416 01:06:25,000 --> 01:06:26,920 Speaker 3: doing it for the money, and you asked them the question, 1417 01:06:27,040 --> 01:06:28,080 Speaker 3: do you thoroughly enjoy this? 1418 01:06:28,160 --> 01:06:31,480 Speaker 17: And I said no, if you're miserable, don't hang around. 1419 01:06:31,480 --> 01:06:33,440 Speaker 17: I mean, you've got to put a foot on the table. 1420 01:06:33,680 --> 01:06:36,120 Speaker 17: So don't be just quitting today after hearing this. But 1421 01:06:36,600 --> 01:06:39,240 Speaker 17: you know what, your life is short, but you spend 1422 01:06:39,280 --> 01:06:41,040 Speaker 17: a lot a lot of that time at work, So 1423 01:06:41,120 --> 01:06:43,640 Speaker 17: get clear on what brings you joy. And I went 1424 01:06:43,640 --> 01:06:46,120 Speaker 17: from teaching drums loving drums at a point where I 1425 01:06:46,120 --> 01:06:48,520 Speaker 17: was burnt out and I wasn't doing high performance very 1426 01:06:48,560 --> 01:06:52,360 Speaker 17: well because well being and relationships weren't in the position 1427 01:06:52,360 --> 01:06:54,720 Speaker 17: they should be. So I made some changes. It took 1428 01:06:54,800 --> 01:06:56,880 Speaker 17: some time, Mike, but it made a big difference. 1429 01:06:57,080 --> 01:06:58,600 Speaker 3: Multiply your motivation. 1430 01:07:00,480 --> 01:07:03,760 Speaker 6: Yeah, so success is an inside job. 1431 01:07:03,920 --> 01:07:05,400 Speaker 17: And I hear people say, look, don't talk to me 1432 01:07:05,480 --> 01:07:07,200 Speaker 17: till I've had my coffee, and I'm saying, that sucks. 1433 01:07:07,200 --> 01:07:09,040 Speaker 17: Why don't you just drink the coffee because you love it? 1434 01:07:09,160 --> 01:07:10,400 Speaker 6: Or gems, I need to go for a smoke. 1435 01:07:10,440 --> 01:07:11,840 Speaker 17: I need to need to go and calm down after 1436 01:07:11,840 --> 01:07:14,120 Speaker 17: that result, Well, why don't you just enjoy the cigarette 1437 01:07:14,120 --> 01:07:16,080 Speaker 17: because you love the cigarette? Hopefully you know you can quit, 1438 01:07:16,120 --> 01:07:17,960 Speaker 17: but you know why do we need to rely on 1439 01:07:18,040 --> 01:07:21,280 Speaker 17: external things. Some people are really motivated extrinsically, Mike. It's 1440 01:07:21,280 --> 01:07:23,760 Speaker 17: the money, status, power, fame. Those people that have the 1441 01:07:23,880 --> 01:07:26,800 Speaker 17: Air New Zealand luggage tag on their laptop bag instead 1442 01:07:26,800 --> 01:07:29,400 Speaker 17: of on their luggage bag. That always tells me there's 1443 01:07:29,440 --> 01:07:31,320 Speaker 17: a little bit of extrinsic motivation for them. 1444 01:07:32,840 --> 01:07:35,280 Speaker 3: Do the work? Is that literal advice? 1445 01:07:36,440 --> 01:07:37,080 Speaker 6: Absolutely? 1446 01:07:37,280 --> 01:07:40,560 Speaker 17: So discipline your inner domain if you want to dominate 1447 01:07:40,600 --> 01:07:41,320 Speaker 17: the outer domain. 1448 01:07:41,440 --> 01:07:42,560 Speaker 6: So get to work. 1449 01:07:42,600 --> 01:07:44,600 Speaker 17: You know, these people go to the gym and at 1450 01:07:44,640 --> 01:07:46,360 Speaker 17: four am they take a photo of themselves at the 1451 01:07:46,360 --> 01:07:49,480 Speaker 17: gym and tell the world. I truly believe high performers 1452 01:07:49,480 --> 01:07:51,840 Speaker 17: do the work in the dark so they can shine 1453 01:07:51,840 --> 01:07:52,240 Speaker 17: in the light. 1454 01:07:53,880 --> 01:07:57,480 Speaker 3: So you're a high performer who taught you? 1455 01:07:59,240 --> 01:07:59,880 Speaker 6: It's interesting? 1456 01:08:00,040 --> 01:08:01,920 Speaker 17: So I look back and I would say my head master, 1457 01:08:02,080 --> 01:08:05,000 Speaker 17: mister Pollock, was the biggest influence. He's said what I'd 1458 01:08:05,040 --> 01:08:08,360 Speaker 17: call a possibilitarian. I was a little upstart at school 1459 01:08:08,600 --> 01:08:11,640 Speaker 17: and he said, James, a weeked attention or a set 1460 01:08:11,640 --> 01:08:13,800 Speaker 17: of drumsticks. And I thought I was going to be 1461 01:08:13,880 --> 01:08:17,320 Speaker 17: Ringo star Mic. Instead I was wearing a skirt and playing. 1462 01:08:17,000 --> 01:08:18,040 Speaker 6: With the bag by itself. 1463 01:08:18,760 --> 01:08:20,880 Speaker 17: Not quite the same he was the biggest influence. 1464 01:08:21,080 --> 01:08:22,960 Speaker 3: So those are the people in your life that you need. 1465 01:08:23,000 --> 01:08:25,120 Speaker 3: You may not have the principle, but there's somebody in 1466 01:08:25,160 --> 01:08:27,760 Speaker 3: there who sees something in you, or gives you an opportunity, 1467 01:08:27,960 --> 01:08:30,519 Speaker 3: or does something that you may not realize at the time. 1468 01:08:31,320 --> 01:08:33,040 Speaker 3: Is a bit more profound than what you think it is. 1469 01:08:34,640 --> 01:08:36,640 Speaker 6: And they're probably be closer to than you imagine. 1470 01:08:36,720 --> 01:08:39,439 Speaker 3: Okay, focus on your priorities. What's that mean? 1471 01:08:40,680 --> 01:08:41,080 Speaker 6: You know what? 1472 01:08:41,360 --> 01:08:44,760 Speaker 17: High performers always know what their priorities are. They make 1473 01:08:44,840 --> 01:08:46,880 Speaker 17: time for health because they know if they don't have 1474 01:08:46,920 --> 01:08:48,800 Speaker 17: to make time for sickness. So I always say high 1475 01:08:48,840 --> 01:08:52,280 Speaker 17: performers should take their meds. Meds should be number one priority. 1476 01:08:52,600 --> 01:08:56,960 Speaker 17: That's meditation, exercise, diet, and sleep. Common sense, but not 1477 01:08:57,000 --> 01:08:57,759 Speaker 17: common practice. 1478 01:08:57,840 --> 01:09:00,519 Speaker 3: No, that is true because they if you talk about 1479 01:09:00,560 --> 01:09:03,320 Speaker 3: your traditional high performer, that's the person who's working hard, 1480 01:09:03,360 --> 01:09:05,160 Speaker 3: grinding and they don't have time for any of that 1481 01:09:05,240 --> 01:09:07,040 Speaker 3: other stuff, which is what you were talking about before. 1482 01:09:07,040 --> 01:09:09,280 Speaker 6: You Absolutely make time for it. 1483 01:09:09,720 --> 01:09:13,280 Speaker 3: Take no shortcuts, you know what. 1484 01:09:13,320 --> 01:09:14,120 Speaker 6: I believe that. 1485 01:09:14,600 --> 01:09:17,719 Speaker 17: The person who takes the shortcut pays the price. So 1486 01:09:17,800 --> 01:09:20,519 Speaker 17: if you want great results, it's played a long game. 1487 01:09:20,640 --> 01:09:24,360 Speaker 17: Nothing great happens overnight. Overex sensations are made over decades. 1488 01:09:25,840 --> 01:09:28,759 Speaker 3: Geez, it's good advice. If only well, this is the difference. 1489 01:09:28,800 --> 01:09:30,840 Speaker 3: If only we could apply all of these things, we'd 1490 01:09:30,880 --> 01:09:33,560 Speaker 3: all be high achievers. And I guess that's what separates 1491 01:09:33,560 --> 01:09:37,000 Speaker 3: out the high achievers from the non high achievers. If 1492 01:09:37,000 --> 01:09:39,000 Speaker 3: you believe you're a high achievement, and no matter what 1493 01:09:39,000 --> 01:09:40,840 Speaker 3: you're doing and where you are, if you believe you're 1494 01:09:40,840 --> 01:09:42,280 Speaker 3: a higher achiever, are. 1495 01:09:42,120 --> 01:09:47,080 Speaker 17: You look, all starts with achieving, starts with believing. So 1496 01:09:47,200 --> 01:09:50,360 Speaker 17: I believed at twelve I could win the World Championships 1497 01:09:50,400 --> 01:09:52,880 Speaker 17: at thirteen. My dad, if he wasn't Northern Irish, he 1498 01:09:52,920 --> 01:09:56,160 Speaker 17: could be ki we Studability is everything, he said, Son, 1499 01:09:56,200 --> 01:09:58,479 Speaker 17: don't set yourself up for failure. You're probably not going 1500 01:09:58,520 --> 01:10:01,120 Speaker 17: to win this. But I said that if I go 1501 01:10:01,160 --> 01:10:03,400 Speaker 17: in thinking like that, I've lost already. So I do 1502 01:10:03,520 --> 01:10:05,320 Speaker 17: believe that you've got to have it in your mind 1503 01:10:05,360 --> 01:10:06,839 Speaker 17: before you have it in reality. 1504 01:10:07,120 --> 01:10:10,400 Speaker 3: Fantastic, great to talk to you, James. Good advice apart 1505 01:10:10,439 --> 01:10:12,160 Speaker 3: from anything else. And I think it was free. Was free. 1506 01:10:12,200 --> 01:10:13,479 Speaker 3: We didn't pay them for that, do we yeares? I 1507 01:10:13,479 --> 01:10:16,120 Speaker 3: think it was free? His book is habits for high 1508 01:10:16,200 --> 01:10:18,719 Speaker 3: performance James Laughlin A twenty one. 1509 01:10:19,240 --> 01:10:23,879 Speaker 2: The Mike Hosking Breakfast with a Veda Retirement, Communities News, togs. 1510 01:10:23,680 --> 01:10:26,680 Speaker 3: Heead b Now let's face it, the way we do 1511 01:10:26,760 --> 01:10:29,000 Speaker 3: business has moved on from landlines and face to face meetings. 1512 01:10:29,040 --> 01:10:32,679 Speaker 3: Now it's mostly online, meaning your Internet connection super vital investment. 1513 01:10:32,720 --> 01:10:36,040 Speaker 3: So Kiwi businesses of every size shouldn't sure their internet 1514 01:10:36,040 --> 01:10:40,040 Speaker 3: provides uncompromising reliability. Bendwidin a better restoration service to minimize 1515 01:10:40,200 --> 01:10:42,559 Speaker 3: any downtime, which is why New Zealand business runs on 1516 01:10:43,000 --> 01:10:46,720 Speaker 3: business fiber so experienced seamless video calls, upload download large 1517 01:10:46,760 --> 01:10:50,200 Speaker 3: files quick smart carry out the swift transactions, collaborate seamlessly 1518 01:10:50,240 --> 01:10:53,000 Speaker 3: online with cloud based apps, all with business fibers. To 1519 01:10:53,040 --> 01:10:56,000 Speaker 3: get your business ahead, stay ahead by future proofing that 1520 01:10:56,040 --> 01:10:59,519 Speaker 3: connection as the workplace has become even more digital. Plus, 1521 01:10:59,520 --> 01:11:02,080 Speaker 3: as business fiber customer, are you going to get priority 1522 01:11:02,120 --> 01:11:05,560 Speaker 3: fault restoration means you're back up and running faster, minimizes 1523 01:11:05,600 --> 01:11:08,000 Speaker 3: the time spent offline. And to find out which fiber 1524 01:11:08,040 --> 01:11:10,439 Speaker 3: connection would best suit your business, here's where we go. 1525 01:11:10,520 --> 01:11:13,840 Speaker 3: Chorus recommendation toil that's to be found at Coorus dot 1526 01:11:13,880 --> 01:11:18,000 Speaker 3: co dot nz Forward slash business fiber Chorus dot co 1527 01:11:18,120 --> 01:11:21,760 Speaker 3: dot nz Ford slash business Fiber. Basically, what you're doing 1528 01:11:21,800 --> 01:11:24,960 Speaker 3: is taking your business productivity next level, So get your 1529 01:11:24,960 --> 01:11:30,400 Speaker 3: business running on the business fiber Husky. Very interesting. This 1530 01:11:30,479 --> 01:11:33,360 Speaker 3: guy's a full work life balances and must have and 1531 01:11:33,400 --> 01:11:37,000 Speaker 3: critical to mental health. He's just reworking or rewording what 1532 01:11:37,040 --> 01:11:40,840 Speaker 3: it really means. Not everyone can be a high achiever. Jeez, Glenn, 1533 01:11:41,000 --> 01:11:46,960 Speaker 3: it's Glenn, Glenn, It's Glenn. I literally did not everyone 1534 01:11:46,960 --> 01:11:49,160 Speaker 3: can be a high achiever, because if we're all high achievers, 1535 01:11:49,160 --> 01:11:50,800 Speaker 3: then we're all just average achieve Is that wea? Is 1536 01:11:50,840 --> 01:11:54,960 Speaker 3: it just Glenn's who don't You've got to have Glens 1537 01:11:55,000 --> 01:11:57,040 Speaker 3: Gleans who make the will go around. That is too many, 1538 01:11:57,120 --> 01:11:59,599 Speaker 3: if not most, can mentally motivate themselves to be champions 1539 01:11:59,640 --> 01:12:01,360 Speaker 3: or have the ability to do so. He does not 1540 01:12:01,479 --> 01:12:05,280 Speaker 3: understand the psychic ability of your average person or of 1541 01:12:05,400 --> 01:12:08,320 Speaker 3: your average glean. That's what I'm saying, Spirrah thought for 1542 01:12:08,360 --> 01:12:10,280 Speaker 3: the average people? Way, what about it? What about the 1543 01:12:10,320 --> 01:12:13,120 Speaker 3: Glenn's out there? Fair enough? Very good piece from Chris 1544 01:12:13,240 --> 01:12:16,479 Speaker 3: Keel yesterday, the Tech editor in The Herald, on this 1545 01:12:16,960 --> 01:12:20,280 Speaker 3: ongoing mystery of the media's reaction to AWS last week, 1546 01:12:20,800 --> 01:12:23,200 Speaker 3: and they talked to a bloke who basically, they are 1547 01:12:23,320 --> 01:12:24,960 Speaker 3: using the power by the way people are going, does 1548 01:12:25,000 --> 01:12:27,320 Speaker 3: it really exist? Did anything really happen? Was it a 1549 01:12:27,320 --> 01:12:29,919 Speaker 3: new story? Was it not? Yes, it was because Amazon 1550 01:12:29,920 --> 01:12:33,080 Speaker 3: are currently using the power contract that they signed with 1551 01:12:33,160 --> 01:12:36,160 Speaker 3: Mercury back in twenty twenty three to take half the 1552 01:12:36,240 --> 01:12:39,320 Speaker 3: output from the gent Taylor's new one hundred and three 1553 01:12:39,360 --> 01:12:41,920 Speaker 3: megawatt wind farms south of Palmston North. So they are 1554 01:12:41,960 --> 01:12:44,879 Speaker 3: pulling power off the crit like there is no tomorrow. 1555 01:12:45,000 --> 01:12:47,080 Speaker 3: But as one guy called Glenn Barnes says in the article, 1556 01:12:47,080 --> 01:12:49,840 Speaker 3: read the whole article is fascinating inside. He didn't care 1557 01:12:49,920 --> 01:12:53,439 Speaker 3: how Amazon delivered its cluster of three availability zones. Whether 1558 01:12:53,479 --> 01:12:57,160 Speaker 3: they built their own or co located doesn't matter. It 1559 01:12:57,200 --> 01:12:59,639 Speaker 3: doesn't matter if they own the data center or its 1560 01:12:59,680 --> 01:13:02,280 Speaker 3: third party, And the one out West would only have 1561 01:13:02,360 --> 01:13:04,240 Speaker 3: been one of the three they required for the region. 1562 01:13:04,240 --> 01:13:05,640 Speaker 3: That's the one that didn't get built and all the 1563 01:13:05,680 --> 01:13:09,840 Speaker 3: scandals started from. So quote them. What's the problem for 1564 01:13:10,040 --> 01:13:12,960 Speaker 3: us having AWS and New Zealand's a good thing as 1565 01:13:13,000 --> 01:13:15,519 Speaker 3: it makes it easier to land New Zealand based business. 1566 01:13:16,160 --> 01:13:18,800 Speaker 3: He saw no issue with the business leasing space rather 1567 01:13:18,800 --> 01:13:20,160 Speaker 3: than owning it. So read all of that. 1568 01:13:20,560 --> 01:13:22,200 Speaker 14: More straight talk from an average Glen. 1569 01:13:22,280 --> 01:13:25,160 Speaker 3: Yeah, more straight talk from an average glen. Not a 1570 01:13:25,240 --> 01:13:29,880 Speaker 3: high performer, but just logical news for you. In a 1571 01:13:29,920 --> 01:13:32,240 Speaker 3: couple of moments, then to the UK and our mate 1572 01:13:32,320 --> 01:13:33,960 Speaker 3: Rod Little Hearing News Talk Zed. 1573 01:13:33,840 --> 01:13:38,960 Speaker 2: Be the only report you need to start your day. 1574 01:13:39,200 --> 01:13:43,639 Speaker 2: The my Casting Breakfast with a Vida, Retirement Communities, Life 1575 01:13:43,880 --> 01:13:45,760 Speaker 2: Your Way News, togs dB Mike. 1576 01:13:45,800 --> 01:13:48,280 Speaker 3: My power price per kilowatt from Mercury went up forty 1577 01:13:48,280 --> 01:13:50,720 Speaker 3: six percent the day after a WUS announcement. I can 1578 01:13:50,760 --> 01:13:52,200 Speaker 3: send you the bill. You don't need to send me 1579 01:13:52,240 --> 01:13:54,240 Speaker 3: the bill. What And you should read the article that 1580 01:13:54,320 --> 01:13:58,280 Speaker 3: I alerted to you too before the news because it's 1581 01:13:58,400 --> 01:14:00,880 Speaker 3: not forty six percent, and it's not Mercury, and it 1582 01:14:00,920 --> 01:14:03,919 Speaker 3: wasn't tied into the day after. But the article does indicate, 1583 01:14:04,600 --> 01:14:07,160 Speaker 3: and it is a valid point, is that the more 1584 01:14:07,240 --> 01:14:09,240 Speaker 3: data centers you have in the country, the more power 1585 01:14:09,280 --> 01:14:13,320 Speaker 3: that's required and needed, and that's going to be potentially 1586 01:14:13,320 --> 01:14:16,360 Speaker 3: an issue and it does drive the market price wise. 1587 01:14:16,560 --> 01:14:19,360 Speaker 3: So in that sense, it's a classic supply demand situation. 1588 01:14:19,880 --> 01:14:23,120 Speaker 3: If we had unlimited supply fantastic, but we don't. And 1589 01:14:23,160 --> 01:14:26,200 Speaker 3: so as the demand grows but the supply doesn't match it, 1590 01:14:26,600 --> 01:14:28,759 Speaker 3: that's where your price rises come. So it is material. 1591 01:14:28,840 --> 01:14:31,599 Speaker 3: So your point is reasonably well made. Let me take 1592 01:14:31,600 --> 01:14:36,760 Speaker 3: you to a private dinner. We're in Washington and there 1593 01:14:36,800 --> 01:14:38,960 Speaker 3: is a clash between a couple of Trump's top people. 1594 01:14:39,080 --> 01:14:42,200 Speaker 3: One's a guy should I know, Bill Pult? I don't 1595 01:14:42,240 --> 01:14:44,800 Speaker 3: know the name anyway, So he's one of the key guys. 1596 01:14:44,800 --> 01:14:49,760 Speaker 3: He's the Housing Finance official, Bill Pult. But the other 1597 01:14:49,800 --> 01:14:53,720 Speaker 3: guy we do know. He is Scott Bessant, And at 1598 01:14:53,720 --> 01:14:58,720 Speaker 3: one particular point at this dinner, Bessant was threatening to 1599 01:14:58,880 --> 01:15:04,080 Speaker 3: punch Pult in the effing face. This last Wednesday was 1600 01:15:04,120 --> 01:15:08,080 Speaker 3: supposed to be a celebratory dinner, much anticipated inaugural dinner 1601 01:15:08,120 --> 01:15:10,320 Speaker 3: at the Executive Brunch Georgetown Club. 1602 01:15:10,680 --> 01:15:12,360 Speaker 6: Did he's steal a chip off his plate or something? 1603 01:15:12,400 --> 01:15:15,599 Speaker 3: Probably long table? Thirty guests? How at? Lutnek was there? 1604 01:15:15,640 --> 01:15:19,160 Speaker 3: Bougain was there? Brooke Rowlins was there, Tossy Gabbard was there? 1605 01:15:19,720 --> 01:15:24,080 Speaker 3: Ah Marmette Oz otherwise known as doctor Oz. He was there? Anyway? 1606 01:15:24,080 --> 01:15:26,920 Speaker 3: The Treasury Secretary heard from several people from the Federal 1607 01:15:26,960 --> 01:15:30,840 Speaker 3: Housing Finance Agency director that he'd been bad mouthed by him, So, 1608 01:15:30,880 --> 01:15:32,599 Speaker 3: in other words, what he was saying there is Pult 1609 01:15:32,760 --> 01:15:37,160 Speaker 3: is bad mouthing Bessant. Why the f are you talking 1610 01:15:37,200 --> 01:15:38,240 Speaker 3: to the President about me? 1611 01:15:38,479 --> 01:15:38,680 Speaker 5: F you? 1612 01:15:39,200 --> 01:15:41,720 Speaker 3: Besant told Pult, I'm going to punch you in the 1613 01:15:41,760 --> 01:15:47,400 Speaker 3: effing face. Pault appeared stunned. The encounter prompted the club 1614 01:15:47,439 --> 01:15:50,320 Speaker 3: owner and financier, a guy called Omeid Malick, to intervene, 1615 01:15:51,640 --> 01:15:54,200 Speaker 3: at which point it's either me or him. Bessant said 1616 01:15:54,200 --> 01:15:57,160 Speaker 3: to Malick, you tell me who's getting the f outer here, 1617 01:15:57,680 --> 01:16:02,000 Speaker 3: or he added, we could go out. This is not 1618 01:16:02,040 --> 01:16:04,519 Speaker 3: a movie. This happened last Wednesday, and Washington to do 1619 01:16:04,640 --> 01:16:10,599 Speaker 3: what asked Pault to talk no, Besant replied, I'm going 1620 01:16:10,680 --> 01:16:18,599 Speaker 3: to if and beat your ass. Melick separated them, walked 1621 01:16:18,600 --> 01:16:20,599 Speaker 3: Best into another part of the club to calm him 1622 01:16:20,640 --> 01:16:23,599 Speaker 3: down't you? And when they finally got around to sitting 1623 01:16:23,640 --> 01:16:25,800 Speaker 3: down for dinner, Best and Pault were at the oppice 1624 01:16:25,840 --> 01:16:28,840 Speaker 3: the ends of the table. Things are going well. Twenty 1625 01:16:28,840 --> 01:16:29,799 Speaker 3: one minutes away from. 1626 01:16:29,680 --> 01:16:35,439 Speaker 11: Nine International correspondence with Insit Eye Insurance Peace of Mind 1627 01:16:35,479 --> 01:16:36,920 Speaker 11: for New Zealand Business. 1628 01:16:36,680 --> 01:16:38,320 Speaker 3: Right to Britain, Rod Morning. 1629 01:16:38,080 --> 01:16:39,559 Speaker 8: Mate, Good morning mate. 1630 01:16:39,640 --> 01:16:42,439 Speaker 3: Since we last spoke, it's all turned to custard, so 1631 01:16:42,600 --> 01:16:46,440 Speaker 3: Rainer quits. Of course, my main question is in rain acquitting, 1632 01:16:47,080 --> 01:16:49,040 Speaker 3: did we need a full blow and reshuffle. 1633 01:16:50,160 --> 01:16:54,240 Speaker 8: No, this was planned before. The reshuffle had already been 1634 01:16:54,240 --> 01:16:58,280 Speaker 8: planned by the arm probably to come well before Reeves's 1635 01:16:58,320 --> 01:17:01,080 Speaker 8: autumn statement, but in the next few weeks. But given 1636 01:17:01,680 --> 01:17:08,479 Speaker 8: Rayner's departure, it was they were kind of lumped together. 1637 01:17:08,760 --> 01:17:16,360 Speaker 8: So he replaces Rayner at some point and the rest 1638 01:17:16,360 --> 01:17:19,160 Speaker 8: of the cabinet, which hasn't done very well for itself, 1639 01:17:19,439 --> 01:17:23,679 Speaker 8: gets reshuffled a couple of the cabinet posts. It's definitely 1640 01:17:23,720 --> 01:17:26,920 Speaker 8: a step forward against Shabana mc mood into the Home 1641 01:17:26,960 --> 01:17:30,639 Speaker 8: Office in place of Event Cooper. But the Home Offices 1642 01:17:31,479 --> 01:17:34,559 Speaker 8: again is the Foreign Office is lost because I'm afraid 1643 01:17:35,320 --> 01:17:40,640 Speaker 8: trusts over there. No great no great change, it's just 1644 01:17:40,880 --> 01:17:43,679 Speaker 8: shifting the death chairs, as they say. 1645 01:17:43,880 --> 01:17:44,080 Speaker 6: Yeah. 1646 01:17:44,080 --> 01:17:46,040 Speaker 3: I was going to ask whether there's a talent issue, 1647 01:17:46,040 --> 01:17:47,880 Speaker 3: because I know that you're one of the world's biggest 1648 01:17:47,960 --> 01:17:52,200 Speaker 3: fans of David Lammy, so his loss would be no, right, yes, exactly, No, it. 1649 01:17:52,280 --> 01:17:55,839 Speaker 8: Has to be said. I don't think with the exception 1650 01:17:56,000 --> 01:17:59,400 Speaker 8: of the Chagos Island deal. I don't think Lammy has 1651 01:17:59,439 --> 01:18:03,799 Speaker 8: performed particularly badly as Foreign Secretary, and he's certainly managed 1652 01:18:03,800 --> 01:18:07,960 Speaker 8: to get on side with JD. Vance and the American regime, 1653 01:18:08,000 --> 01:18:10,840 Speaker 8: which is what we wanted of him. That being said, 1654 01:18:11,120 --> 01:18:14,439 Speaker 8: he's been moved to a role where as Deputy Prime 1655 01:18:14,439 --> 01:18:19,000 Speaker 8: Minister basically you don't really do anything. You know, it's 1656 01:18:19,760 --> 01:18:25,000 Speaker 8: it's it's it's not a role which has any great power. 1657 01:18:25,880 --> 01:18:30,559 Speaker 8: And now, of course Starmer's in real trouble because the 1658 01:18:30,840 --> 01:18:33,240 Speaker 8: Labor Party is tearing itself to bits over who should 1659 01:18:33,280 --> 01:18:36,560 Speaker 8: become Deputy Labor Party leader. 1660 01:18:36,720 --> 01:18:39,760 Speaker 3: And that's a vite and so who are the hot containers? 1661 01:18:39,920 --> 01:18:41,880 Speaker 3: Who's likely to win? And does it sit well with 1662 01:18:42,200 --> 01:18:43,160 Speaker 3: you know, Starmer? 1663 01:18:43,840 --> 01:18:48,519 Speaker 8: Yeah, the hot contenders, people like Louise Heigho has already 1664 01:18:48,840 --> 01:18:54,559 Speaker 8: done for fraud. It's whatever way clear Starbar turns. There 1665 01:18:54,640 --> 01:18:58,679 Speaker 8: is misery and trouble looking at him. Basically, I suspect 1666 01:18:58,720 --> 01:19:01,759 Speaker 8: he will end up stuck with someone who is quite 1667 01:19:01,840 --> 01:19:06,480 Speaker 8: left wing as his deputy PM. Richard Bergen is quite popular. 1668 01:19:07,120 --> 01:19:10,640 Speaker 8: He's a moron and actually just I don't know if 1669 01:19:10,680 --> 01:19:13,360 Speaker 8: you've ever spoken to him, It's like a plank of wood. 1670 01:19:13,400 --> 01:19:17,040 Speaker 8: Mic but there we are. He's going to end up 1671 01:19:17,040 --> 01:19:22,040 Speaker 8: with someone very left wing, indeed, I suspect, and he 1672 01:19:22,120 --> 01:19:24,719 Speaker 8: will have to take notice of them. It's a difficult 1673 01:19:24,760 --> 01:19:25,760 Speaker 8: time for Starba. 1674 01:19:25,840 --> 01:19:28,519 Speaker 3: It looks like a difficult time. Shabana Mahmud, who you 1675 01:19:28,680 --> 01:19:31,960 Speaker 3: referenced just a moment ago, on her first day in 1676 01:19:32,000 --> 01:19:35,880 Speaker 3: the job, one ninety seven people arrived in the Good 1677 01:19:35,880 --> 01:19:39,600 Speaker 3: Country via the boat illegally. Is she good for the 1678 01:19:40,200 --> 01:19:41,880 Speaker 3: Is she good for some sort of answer to this 1679 01:19:42,000 --> 01:19:42,240 Speaker 3: or not? 1680 01:19:42,640 --> 01:19:46,040 Speaker 8: I think she probably is. She's certainly been over the 1681 01:19:46,120 --> 01:19:50,519 Speaker 8: last year the most effective, along with west streeting of 1682 01:19:50,560 --> 01:19:54,960 Speaker 8: all labor, the labor cabinet ministers. She's quite blue labourish. 1683 01:19:55,040 --> 01:19:58,479 Speaker 8: There's a tough streak to her. She's already saying now 1684 01:19:58,520 --> 01:20:03,040 Speaker 8: they're going to stop visas for countries which refuse to 1685 01:20:03,080 --> 01:20:06,880 Speaker 8: take migrants back. That's a step forward. I think she 1686 01:20:07,080 --> 01:20:09,880 Speaker 8: kind of possibly. I mean, she's lucky in the sense 1687 01:20:10,280 --> 01:20:14,360 Speaker 8: to any worsity beat Cooper, but she is a talent 1688 01:20:15,040 --> 01:20:18,479 Speaker 8: and this labor government is not packed with talent. 1689 01:20:19,160 --> 01:20:21,280 Speaker 3: Since we also last Spike I followed with the great 1690 01:20:21,280 --> 01:20:24,160 Speaker 3: deal of interest over the weekend the Reform Party conference, 1691 01:20:24,280 --> 01:20:26,480 Speaker 3: and one of the articles I was reading, was suggesting 1692 01:20:27,120 --> 01:20:28,559 Speaker 3: there was a time when they were sort of a 1693 01:20:28,680 --> 01:20:30,680 Speaker 3: niche and you had a bit of a vibe, and 1694 01:20:30,760 --> 01:20:33,200 Speaker 3: they were full of vermin, vigor and energy. Whereas now 1695 01:20:33,240 --> 01:20:35,519 Speaker 3: they're major and they hire the big halls and they're 1696 01:20:35,560 --> 01:20:39,479 Speaker 3: still full of them and vigor. This seems a thing. 1697 01:20:40,160 --> 01:20:41,960 Speaker 3: They seem to be the real deal. 1698 01:20:42,320 --> 01:20:45,680 Speaker 8: They are the real deal. They're massively. I spoke to 1699 01:20:45,720 --> 01:20:49,360 Speaker 8: a few of them at their conference. They are so bulliant, 1700 01:20:49,439 --> 01:20:53,240 Speaker 8: so full of themselves to quite a sickening degree. But 1701 01:20:53,360 --> 01:20:56,160 Speaker 8: that's come about because they are at thirty five percent 1702 01:20:56,240 --> 01:20:59,840 Speaker 8: in the polls and the Labor Party is tearing itself 1703 01:20:59,880 --> 01:21:02,639 Speaker 8: to fits. You know, it could not be better for them, 1704 01:21:03,160 --> 01:21:06,960 Speaker 8: and the odds shortened by the week on them being 1705 01:21:07,200 --> 01:21:08,240 Speaker 8: you know, the next government. 1706 01:21:08,439 --> 01:21:10,479 Speaker 3: It's going to be interesting to see rodpreciate it. Rod's 1707 01:21:10,479 --> 01:21:13,439 Speaker 3: back on Thursday. Because of course their FPP system, you 1708 01:21:13,479 --> 01:21:15,400 Speaker 3: can get a lot in the polls, but not necessarily 1709 01:21:15,400 --> 01:21:17,720 Speaker 3: see it translate if you go back far enough in time, 1710 01:21:17,800 --> 01:21:19,960 Speaker 3: you go back to the Values Party and those sort 1711 01:21:20,000 --> 01:21:21,960 Speaker 3: of social credit parties in this country where they got 1712 01:21:21,960 --> 01:21:24,799 Speaker 3: a percentage but never saw the light of day in parliament. 1713 01:21:24,840 --> 01:21:26,920 Speaker 3: Are the UK by the way two hundred and fifty million 1714 01:21:27,200 --> 01:21:34,000 Speaker 3: pound Defense Strategy. Also new Defense Industrial Strategy regional economic 1715 01:21:34,040 --> 01:21:37,280 Speaker 3: growth boost innovation in the defense sector will offer working 1716 01:21:37,320 --> 01:21:40,440 Speaker 3: families across the country opportunities such as highly skilled engineering 1717 01:21:40,479 --> 01:21:43,200 Speaker 3: positions or apprenticeships for young people. So that might be 1718 01:21:43,400 --> 01:21:48,439 Speaker 3: something to follow. And the ongoing Palestine Action shambles after 1719 01:21:48,479 --> 01:21:51,759 Speaker 3: the weekend, yet another weekend of upset and arrests. Anyway, 1720 01:21:51,800 --> 01:21:54,519 Speaker 3: the Home Office has been given permission to challenge the 1721 01:21:54,600 --> 01:21:58,240 Speaker 3: High Court ruling which allowed the Palestine Action to appeal 1722 01:21:58,800 --> 01:22:02,719 Speaker 3: against its ban under terror legislation. So lawyers as always 1723 01:22:02,760 --> 01:22:04,479 Speaker 3: a little winner. Eight forty five. 1724 01:22:06,080 --> 01:22:10,519 Speaker 2: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 1725 01:22:10,520 --> 01:22:11,519 Speaker 2: by News Talks at B. 1726 01:22:12,720 --> 01:22:15,599 Speaker 3: Twelve away from nine. Mike, So Amazon comes and probably 1727 01:22:15,680 --> 01:22:18,400 Speaker 3: demands better pricing over fifteen years. So why isn't Amazon 1728 01:22:18,439 --> 01:22:20,920 Speaker 3: being charged a premium so that every day customers receive 1729 01:22:20,920 --> 01:22:23,880 Speaker 3: a better price. Answer l Jay to that particular question 1730 01:22:24,000 --> 01:22:26,439 Speaker 3: is there isn't a business in the world that charges 1731 01:22:26,479 --> 01:22:29,920 Speaker 3: people more per unit for the more they buy. No 1732 01:22:30,000 --> 01:22:31,599 Speaker 3: one's ever done that. When you walk into a car 1733 01:22:31,680 --> 01:22:33,759 Speaker 3: yard and say I don't want one car, I want fifty, 1734 01:22:34,040 --> 01:22:36,280 Speaker 3: they go well, the cost per car's gone up. No 1735 01:22:36,320 --> 01:22:38,880 Speaker 3: one does that. It's the exact opposite. And so they 1736 01:22:38,920 --> 01:22:40,320 Speaker 3: do have a deal. I gave you the deal a 1737 01:22:40,360 --> 01:22:43,280 Speaker 3: moment ago. So it's a same as ty point. When 1738 01:22:43,320 --> 01:22:44,840 Speaker 3: you're selling a lot of it, you like a lot 1739 01:22:44,840 --> 01:22:47,280 Speaker 3: of it because you've got guaranteed income. Speaking of income, 1740 01:22:47,760 --> 01:22:49,840 Speaker 3: was it yesterday? We're talking to the bloke who did 1741 01:22:49,920 --> 01:22:52,120 Speaker 3: the reporter? Was it last week? Locu did the report 1742 01:22:52,160 --> 01:22:54,439 Speaker 3: on internationals not paying enough tax here and they need 1743 01:22:54,479 --> 01:22:56,559 Speaker 3: to flick them off into the service fees and all 1744 01:22:56,600 --> 01:23:01,320 Speaker 3: that sort of stuff. Yesterday Uber and for Reats, so 1745 01:23:01,400 --> 01:23:03,719 Speaker 3: the food delivery part, and this is in New Zealand, 1746 01:23:03,720 --> 01:23:06,360 Speaker 3: but they paid less than they pulled down four hundred 1747 01:23:06,400 --> 01:23:08,960 Speaker 3: million dollars in this country. We gave them four hundred 1748 01:23:09,000 --> 01:23:11,559 Speaker 3: million dollars. They paid less than a million in tax 1749 01:23:11,680 --> 01:23:12,880 Speaker 3: and as far as they could do. And I think 1750 01:23:12,880 --> 01:23:15,400 Speaker 3: I referenced at the time of the interview, was there's 1751 01:23:15,400 --> 01:23:17,240 Speaker 3: no model around it. When I asked them the question 1752 01:23:17,520 --> 01:23:19,160 Speaker 3: showing me you know who's done it well, there was 1753 01:23:19,160 --> 01:23:20,920 Speaker 3: a very large pause as he tried to work out 1754 01:23:20,960 --> 01:23:22,400 Speaker 3: who did it well. And the answer is, no, one's 1755 01:23:22,439 --> 01:23:25,040 Speaker 3: done it well. Because of service fee. When you were 1756 01:23:25,040 --> 01:23:27,439 Speaker 3: set up in New Zealand and your quarantined or head 1757 01:23:27,479 --> 01:23:30,640 Speaker 3: office elsewhere, you pay this quote unquote service fee and 1758 01:23:30,680 --> 01:23:32,640 Speaker 3: you avoid paying tax likely and if you can, why 1759 01:23:32,680 --> 01:23:36,000 Speaker 3: wouldn't you? For goodness sake, food delivery profit increase from 1760 01:23:36,040 --> 01:23:38,759 Speaker 3: one point seven to two point four million, so revenues 1761 01:23:38,840 --> 01:23:40,960 Speaker 3: up seventeen percent, Which is interesting, isn't it. In the 1762 01:23:41,000 --> 01:23:44,679 Speaker 3: so called cost of living crisis, we gave Uber food 1763 01:23:44,680 --> 01:23:47,320 Speaker 3: delivery seventeen percent more money. Why do we do that? 1764 01:23:48,040 --> 01:23:53,519 Speaker 3: Ryde hail net profit fell, so that's interesting. Revenue slipped 1765 01:23:53,520 --> 01:23:55,320 Speaker 3: as well, so it went backwards from one hundred nine 1766 01:23:55,360 --> 01:23:58,040 Speaker 3: to one hundred and four million, so income was based 1767 01:23:58,040 --> 01:24:01,160 Speaker 3: on five hundred and thirty nine thousand dollars they paid 1768 01:24:01,200 --> 01:24:04,240 Speaker 3: once again these big service fees to the US parent 1769 01:24:05,200 --> 01:24:07,160 Speaker 3: Uber Eats paid a service fee of one hundred and 1770 01:24:07,200 --> 01:24:10,360 Speaker 3: thirteen point eight million. Uber paid ninety eight point six million. 1771 01:24:10,880 --> 01:24:14,160 Speaker 3: Combined revenue increased from three sixty five to four h three, 1772 01:24:14,760 --> 01:24:16,880 Speaker 3: net profit from three point three to three point five, 1773 01:24:16,960 --> 01:24:18,680 Speaker 3: so they are making a profit because most of the 1774 01:24:18,680 --> 01:24:20,879 Speaker 3: time they've not made a profit in this particular country. 1775 01:24:21,520 --> 01:24:23,840 Speaker 3: What I didn't realize is John Small who's the head 1776 01:24:23,840 --> 01:24:27,639 Speaker 3: of the Commerce Commission? Back in July posted on LinkedIn. 1777 01:24:27,760 --> 01:24:29,880 Speaker 3: That's probably why I didn't realize, because I'm not on LinkedIn. 1778 01:24:30,160 --> 01:24:35,120 Speaker 3: If you're using Uber, please reconsider. He urged people to 1779 01:24:35,160 --> 01:24:38,519 Speaker 3: switch to Bolt or d D to be kind to 1780 01:24:38,600 --> 01:24:40,960 Speaker 3: your driver. Given the peer let the driver keep more 1781 01:24:41,000 --> 01:24:43,040 Speaker 3: of the fair. So the Commerce Commission was involved. But 1782 01:24:43,080 --> 01:24:44,960 Speaker 3: you wouldn't know that, would you? And I don't think 1783 01:24:45,000 --> 01:24:47,280 Speaker 3: anyone of us think that, do they. I mean, in general, 1784 01:24:47,320 --> 01:24:49,120 Speaker 3: you just get the food delivered, the food turns up, 1785 01:24:49,200 --> 01:24:50,599 Speaker 3: and as far as I can work out, the guys 1786 01:24:50,600 --> 01:24:52,640 Speaker 3: will work for everyone, don't they. That just depends on 1787 01:24:52,680 --> 01:24:55,280 Speaker 3: what you want. You're a taxi driver, you're an Uber driver, 1788 01:24:55,680 --> 01:24:59,639 Speaker 3: You're a Bolt driver, a help driver, a private limousine 1789 01:24:59,720 --> 01:25:03,320 Speaker 3: driver for just a driver nine minutes away from nine. 1790 01:25:03,640 --> 01:25:07,080 Speaker 1: Don Mike Hosking breakfast with Rainfrowvern use togs d B. 1791 01:25:07,479 --> 01:25:09,439 Speaker 3: Imagine the company of the backs itself so much that 1792 01:25:09,479 --> 01:25:12,040 Speaker 3: it lets you bring the product back at any time, 1793 01:25:12,160 --> 01:25:15,120 Speaker 3: And then imagine they promised never to increase the price 1794 01:25:15,120 --> 01:25:16,840 Speaker 3: for the rest of your life. Hey, sounds too good 1795 01:25:16,840 --> 01:25:18,760 Speaker 3: to be true, but it's not. It's real. It's the 1796 01:25:18,840 --> 01:25:22,920 Speaker 3: unlimited Hearing Aid subscription. This is from Resonate Health. For 1797 01:25:23,080 --> 01:25:24,720 Speaker 3: just ninety dollars a month. You get top of the 1798 01:25:24,800 --> 01:25:27,240 Speaker 3: range hearing aids, ongoing support in every three years, a 1799 01:25:27,280 --> 01:25:30,920 Speaker 3: free upgrade to the latest tech. No lump sums, no surprises, 1800 01:25:31,000 --> 01:25:33,639 Speaker 3: no price hikes ever. So it's not just smart, it's 1801 01:25:33,720 --> 01:25:36,720 Speaker 3: Kiwi Resonate Healthy one hundred percent Kiwi owned, which is 1802 01:25:36,760 --> 01:25:39,280 Speaker 3: what we love it. And they've been in business for 1803 01:25:39,360 --> 01:25:42,240 Speaker 3: just three years. They've already got more five star Google 1804 01:25:42,280 --> 01:25:44,240 Speaker 3: reviews than any other provider, so this is a good 1805 01:25:44,240 --> 01:25:47,160 Speaker 3: news story. They've grown to twenty nine studios in twenty 1806 01:25:47,280 --> 01:25:50,679 Speaker 3: nine months. Another month, another studio because people trust the model. 1807 01:25:50,840 --> 01:25:52,759 Speaker 3: So you don't want to wait. Oh eight hundred Resonate 1808 01:25:53,200 --> 01:25:55,639 Speaker 3: which is eight hundred seven three seven sixty six two. 1809 01:25:55,680 --> 01:25:58,639 Speaker 3: Oh eight hundred seven three seven sixty six two. Speak 1810 01:25:58,720 --> 01:26:01,439 Speaker 3: with the Resonate Hearing HEALTHYCT but get all your questions answered. 1811 01:26:01,479 --> 01:26:03,360 Speaker 3: Oh eight hundred resonate or online if you want to 1812 01:26:03,360 --> 01:26:05,519 Speaker 3: do it and book book and to talk to them 1813 01:26:05,720 --> 01:26:09,559 Speaker 3: resonate Health dot co dot inz, resonate Health dot co 1814 01:26:09,720 --> 01:26:13,120 Speaker 3: dot in z. Asking by the way, Thomas Coglin's done 1815 01:26:13,120 --> 01:26:16,559 Speaker 3: the numbers for you Winston Peter's compulsory mandatory key Wesaber 1816 01:26:16,600 --> 01:26:18,720 Speaker 3: thing over the weekend. Obviously, first question you asked when 1817 01:26:18,760 --> 01:26:20,639 Speaker 3: the tax cuts came, how much is that going to cost? 1818 01:26:20,760 --> 01:26:23,439 Speaker 3: Nothing wrong with mandatory, you notice, ever since two weeks 1819 01:26:23,479 --> 01:26:26,400 Speaker 3: ago I said we need to make Keyisaber compulsory, everyone's 1820 01:26:26,439 --> 01:26:30,639 Speaker 3: decided to make keV save. There's at least two NGO's 1821 01:26:30,640 --> 01:26:32,680 Speaker 3: government groups, research groups, whatever you want to call them, 1822 01:26:32,720 --> 01:26:34,920 Speaker 3: have come out and said we need to make it compulsory. 1823 01:26:34,960 --> 01:26:37,360 Speaker 3: And now Peters has decided to make it compulsory. Anyway, 1824 01:26:37,360 --> 01:26:39,160 Speaker 3: he's offsetting it with tax cuts. How much would the 1825 01:26:39,160 --> 01:26:42,280 Speaker 3: tax cuts cost Somewhere between twelve point three and twenty 1826 01:26:42,360 --> 01:26:45,880 Speaker 3: eight point three billion. So you take the twenty twenty 1827 01:26:45,880 --> 01:26:48,800 Speaker 3: four key Wesab contribution, they're five point nine percent of 1828 01:26:48,800 --> 01:26:52,080 Speaker 3: all wages reported to the IRD, So you're dealing immediately 1829 01:26:52,120 --> 01:26:54,840 Speaker 3: with eleven point nine billion. If you increase that to 1830 01:26:54,880 --> 01:26:57,719 Speaker 3: a contribution of eight percent for the employee, four percent 1831 01:26:57,720 --> 01:26:59,960 Speaker 3: for the employee er, you're up at twelve point three 1832 01:27:00,120 --> 01:27:03,960 Speaker 3: billion in additional contributions. So that's an easy game. Four 1833 01:27:03,960 --> 01:27:05,040 Speaker 3: minutes away from nine. 1834 01:27:05,439 --> 01:27:09,600 Speaker 2: Trending now with him as well. Spring Frenzy sale on. 1835 01:27:09,840 --> 01:27:12,280 Speaker 3: Now Harry's back in the UK. He's talking to his 1836 01:27:12,360 --> 01:27:13,400 Speaker 3: friends at well Child. 1837 01:27:13,880 --> 01:27:16,040 Speaker 19: The world has thrown a fair few challenges our way, 1838 01:27:16,720 --> 01:27:19,360 Speaker 19: but through it all, weld Child has remained rock solid 1839 01:27:19,560 --> 01:27:23,080 Speaker 19: in its mission to give children and young people with 1840 01:27:23,200 --> 01:27:26,440 Speaker 19: complex medical needs the chance to thrive fabulous. 1841 01:27:27,080 --> 01:27:29,640 Speaker 3: He then had a sword fight with some balloons and 1842 01:27:29,680 --> 01:27:32,759 Speaker 3: he told everybody because they were gripped, that he's watching Hostage, 1843 01:27:32,800 --> 01:27:35,120 Speaker 3: which is on Netflix. And he watches Netflix because he's 1844 01:27:35,160 --> 01:27:37,400 Speaker 3: been told to by his missus, because that's how they 1845 01:27:37,439 --> 01:27:40,800 Speaker 3: make the money these days. Anyway, he still has friends 1846 01:27:40,880 --> 01:27:41,519 Speaker 3: left in Britain. 1847 01:27:41,720 --> 01:27:44,680 Speaker 5: I think people talk a lot and they don't know 1848 01:27:44,720 --> 01:27:44,960 Speaker 5: a lot. 1849 01:27:45,400 --> 01:27:48,080 Speaker 13: And when it comes to people like Clarry. 1850 01:27:47,760 --> 01:27:51,000 Speaker 1: And anybody in the public fight. 1851 01:27:50,920 --> 01:27:53,200 Speaker 14: It doesn't really matter who profs in the pudding. 1852 01:27:53,400 --> 01:27:54,519 Speaker 9: So at the end of the day he. 1853 01:27:54,479 --> 01:27:56,200 Speaker 14: Does really good at work, peoples. 1854 01:27:56,400 --> 01:27:59,000 Speaker 3: That's Josh Stone, in case you were wondering who that was. 1855 01:28:00,040 --> 01:28:02,240 Speaker 3: The big question is he's in town. I think is 1856 01:28:02,240 --> 01:28:04,840 Speaker 3: it two or three days? I can't remember, but he's 1857 01:28:04,880 --> 01:28:06,200 Speaker 3: in down for a couple of days. And the big 1858 01:28:06,280 --> 01:28:09,920 Speaker 3: question is Dad's up in Scotland at the moment. So 1859 01:28:10,000 --> 01:28:13,240 Speaker 3: it's the are we getting back together. This is are 1860 01:28:13,320 --> 01:28:16,040 Speaker 3: the stars aligned? Is the question? Will there be a 1861 01:28:16,080 --> 01:28:18,719 Speaker 3: meeting of minds, a shaking of hands, a forgiving of ills, 1862 01:28:19,240 --> 01:28:21,519 Speaker 3: and all will be well with the world. Well that's 1863 01:28:21,520 --> 01:28:24,080 Speaker 3: probably something we can talk some more about tomorrow, because look, 1864 01:28:24,320 --> 01:28:26,240 Speaker 3: once again they tell me I've got to get out 1865 01:28:26,240 --> 01:28:31,440 Speaker 3: of here. Back tomorrow. Happy days, I'm fucking mam my baby. 1866 01:28:32,960 --> 01:28:35,880 Speaker 2: For more from the Mic Asking Breakfast, listen live to 1867 01:28:36,000 --> 01:28:39,080 Speaker 2: news Talks. It'd be from six am weekdays, or follow 1868 01:28:39,120 --> 01:28:40,680 Speaker 2: the podcast on iHeartRadio.