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

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Speaker 1: Breakfast with the range Rover, the la designed to intrigue

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Speaker 1: and use togsdaed b will you welcome today?

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Speaker 2: More good news for our economy around Derry act getting

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Speaker 2: into the local election business with candidates for October. The

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Speaker 2: Prime Minister has met Modi in India overnight, So Chris

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Speaker 2: Luxen with us after seven thirty. Blair Jollins an ex

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Speaker 2: pat Keyweed making music for movies and indeed himself in

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Speaker 2: for a song and a chat after eat Katherine Field

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Speaker 2: in France. Rod Little does a little bit of the

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Speaker 2: old British forests pasky. Right here, here we go seven

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Speaker 2: past six. I tell you what, if the New Zealand

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Speaker 2: Labour Party want to get real about re election, they

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Speaker 2: should look no further than the UK Labor Party. So

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Speaker 2: keya Starmer blew up the NHS on Friday. It doesn't work,

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Speaker 2: he said, the bloating of the numbers has not improved anything.

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Speaker 2: He said jobs will be lost now. Before he blew

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Speaker 2: up the NHS, he attacked the welfare system. He called

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Speaker 2: it unjust and unfair. Essentially, there are far too many

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Speaker 2: people sitting on welfare doing nothing, and there's no incentive

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Speaker 2: for them to change their habits. Remember this is a

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Speaker 2: British labor prime minister. We're also expecting the Chancellor to

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Speaker 2: slash more spending. Why because they don't have any money.

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Speaker 2: Oh if only Hipkins or an Adern or a Robertson

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Speaker 2: were anything close to this. What was close to this,

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Speaker 2: by the way, was Roger Douglas, David Longee, Richard Prebble,

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Speaker 2: David Kagel and Mike Moore the proper Labour Party, the

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Speaker 2: Labour Party many recognized as being the middle of the road,

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Speaker 2: centrist type party that a lot of New Zealanders could recognize.

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Speaker 2: If what Starmer is up to works, he's Blair two

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Speaker 2: point zero and the lesson Blair taught us is the

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Speaker 2: same lesson that Bob Hawk taught us in Australia. A

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Speaker 2: labor movement doesn't have to be about wokeness and largesse

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Speaker 2: an economic ineptitude. It needs to be about common sense

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Speaker 2: the worker, and the worker, by the way, is not

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Speaker 2: a hardcore unionist, but a middle class New Zealander who

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Speaker 2: gets up, makes their kids, lunches, heads to work, comes

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Speaker 2: home a little bit late. Bit tired, ready for a

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Speaker 2: barbecue and a beer at the weekend, living in their

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Speaker 2: own home in suburbia, with a belief that life is

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Speaker 2: pretty good. New Zealand is pretty good and the future

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Speaker 2: is moderately bright. None of that is hard, but a betch.

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Speaker 2: It's completely foreign to most of the current labor lot,

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Speaker 2: who butchered the place between twenty seventeen and twenty twenty three.

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Speaker 2: The old adage around votes and political support, about the

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Speaker 2: center being large and a place to get a lot

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Speaker 2: of success is real, and we wouldn't mind some wider representation.

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Speaker 2: I mean, national or labor can occupy the center. History

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Speaker 2: shows it's possible and it's successful. Hipkins needs to study

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Speaker 2: Starma and learn.

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Speaker 1: News of the world. In ninety six going to.

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Speaker 2: The war, having got Ukraine on side, Trump on the

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Speaker 2: plane back to Washington from Florida, where he had been

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Speaker 2: overseeing the bombing of Yemen, is heading for the phone

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Speaker 2: with Ladd.

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Speaker 3: We're talking about power of plants, because that's a it's

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Speaker 3: a big question, but I think we have a lot

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Speaker 3: of it already discussed.

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Speaker 4: We're already talking about that dividing up certain.

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Speaker 2: Assets meantime in Syria, in fact, on the border with Lebanon.

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Speaker 2: Violence is broken.

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Speaker 5: Out the Ministry of the Firms Public.

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Speaker 6: Yeah, and I as your hymore, I attacked us just

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Speaker 6: like that, slaughtered us.

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Speaker 2: Our friends, our neighbors, our children, our relatives, our in laws,

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Speaker 2: all of them were slaughtered.

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Speaker 7: They stormed the houses shooting.

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Speaker 2: This blog is supposed to be in charge of security.

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Speaker 5: The Ministry of Defense, Public Security Department and police units

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Speaker 5: were there to protect the people. Many individuals from the

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Speaker 5: countryside surrounding the cost came seeking revenge.

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Speaker 2: At the space station. The two stuck for the past

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Speaker 2: nine months. They're getting all their belongings together before they

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Speaker 2: head back to Earth. Some debate around the claim that

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Speaker 2: a new president might have made the rescue a little

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Speaker 2: bit quicker.

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Speaker 8: The schedule.

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Speaker 9: Even way before the Trump administration. We knew that the

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Speaker 9: schedule was going to be February. SpaceX delayed it even

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Speaker 9: further till March. And that's why it's just an issue

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Speaker 9: of supply, so.

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Speaker 2: Had nothing to do with the President. Len a Britain

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Speaker 2: couple of things. One, the reform scrap between mister Law

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Speaker 2: and mister Farage is at least according to one side,

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Speaker 2: and not a bit.

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Speaker 10: It's very much at the agency. It's marginal. And look,

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Speaker 10: you know something, can you imagine given the complaints that

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Speaker 10: have been made against one of our MPs, can you

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Speaker 10: imagine if I've not done anything about it. Yeah, yeah,

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Speaker 10: had knowledge of allegations.

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Speaker 2: And two some growing uneas within labor. The aforementioned actually

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Speaker 2: over the pending welfare cuts. Some in labor, of course

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Speaker 2: still love welfare, but the minister has worked out they

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Speaker 2: don't have any money.

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Speaker 6: The current welfare system is failing the very people it

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Speaker 6: is supposed to help. The people is therefore, and our

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Speaker 6: aim is to make the system sustainable so that it'll.

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Speaker 8: Be there for people now and.

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Speaker 6: In the future.

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Speaker 2: Now, Rod's going to have more on that after thirty

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Speaker 2: many times that's news of the world than ninety forever

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Speaker 2: twenty one name you will know they're filed for bankruptcy

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Speaker 2: in the United States. And you say to yourself if

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Speaker 2: they filed for bankruptcy before? In the answer as well,

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Speaker 2: yes they have Chapter eleven of course sort of provides

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Speaker 2: you more protection rather than you closing the door. But

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Speaker 2: that originally they were filing in twenty nineteen. Anyway, Fast

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Speaker 2: Fashions Dead or Dying. They were founded in Los Angeles

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Speaker 2: and eighty four by South Korean immigrants. At its peak

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Speaker 2: in twenty sixteen, they had eight hundred stores globally, five

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Speaker 2: hundred of which were in the US. And speaking of

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Speaker 2: the US, the old retail sales came in this morning.

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Speaker 2: They thought they'd be zero point seven. Whoops, there are

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Speaker 2: zero point two, so things are tightening up. Twelve past six.

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

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Speaker 1: by News Talk ZEB.

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Speaker 2: While America's shrinking, China's expanding. Retail sales up four percent

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Speaker 2: this is for Jan and Feb are three point seven

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Speaker 2: in December. Industrial production up five point nine for the

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Speaker 2: Jan and Fab period as well. And the people who

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Speaker 2: run China are just promising money for Africa. They're bolstering

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Speaker 2: residents in comes, household spending there. It's money for all,

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Speaker 2: that's free for all. Fifteen past six now from jam

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Speaker 2: My Wealth Andrew callaher. Good morning, very good morning, Mike.

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Speaker 2: Not a free for all here? What happened to services?

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Speaker 2: I thought I thought we were going in the right direction.

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Speaker 11: Andrew, Yeah, well I think we are. I think we

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Speaker 11: You've just got to be a little bit patient. So look,

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Speaker 11: we've started the week with relative carmen off to markets. Actually,

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Speaker 11: I do want to make that point. That's a little unusual.

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Speaker 11: So no tariff discussions over the weekend out of the

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Speaker 11: White House, so I'm not sure whether that's an uneasy

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Speaker 11: silence or not.

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Speaker 8: Yeah, but yesterday morning, Mike, I think you covered off.

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Speaker 11: The manufacturing index update that we that we got from

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Speaker 11: B and Z Businesses on that was released on Friday,

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Speaker 11: and good news on that front. And we're also we

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Speaker 11: cheered that the partner data series is the Services Index

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Speaker 11: was released yesterday, So manufacturing cause for cheer, but unfortunately

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Speaker 11: the services outcome has sort of deflated.

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Speaker 8: Pop that bubble a little bit.

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Speaker 11: Because the services sector has slipped slipped back into contraction

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Speaker 11: after sort of just nudging into expansionary territory in January.

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Speaker 8: So sort of raining on.

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Speaker 11: The little parade I was planning on a little parade today, Mike,

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Speaker 11: the nascent economic recovery parade, and we've had to.

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Speaker 8: Put that, We've had to postpone that.

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Speaker 11: So forty nine point one was the number for the

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Speaker 11: Services index. So revisiting the space at occupied for much

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Speaker 11: of last year, which was below fifty, and just looking

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Speaker 11: through the sub indexes, you know, activity.

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Speaker 8: Sales that fell quite a bit. It fell four.

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Speaker 11: Point six points forty nine point two, new orders business

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Speaker 11: forty nine point four. What's going on here? Employment still

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Speaker 11: in contraction. But here's the thing. Let's take the glass

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Speaker 11: half full approach, though a note that in the last

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Speaker 11: couple of months both manufacturing and services have had one month.

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Speaker 8: In expansionary territory.

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Speaker 11: So that's an improvement on last year.

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Speaker 8: It's not earth.

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Speaker 11: Shattering, it's an improvement. Let's accept this inevitable noise in

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Speaker 11: the monthly did what it does underline, Mike those that

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Speaker 11: is that while we are we are going to see

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Speaker 11: an economic recovery this year, it's not going to be

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Speaker 11: a frothy recovery. If you look at the comments that

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Speaker 11: were made when they do the survey, they ask people

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Speaker 11: for comments, and the overall tough economic climate that still

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Speaker 11: remained the key observation. You put the two together, the

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Speaker 11: service and manufacturing, you get the Compson Index. Yes, it

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Speaker 11: did fall back into contraction, but the direction of travel

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Speaker 11: is improving and is consistent with some economic recovery this year.

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Speaker 8: Just be, just be You've just got to be cautious

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Speaker 8: about how much recovery you think we're going to see.

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Speaker 2: All right, very well. Put now housing, where are we

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Speaker 2: at that?

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Speaker 11: Yeah, everyone's favorite topic, you know, the traditional source of

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Speaker 11: the wealth effect that we've historically observed.

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Speaker 8: When house price is.

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Speaker 11: Left and Mike, a little bit of good news here.

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Speaker 11: House price is by way of my preferred measure in

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Speaker 11: the arians data, which is the house price Index, it

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Speaker 11: edged up zero point five percent.

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Speaker 8: That's in positive territory.

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Speaker 11: Mic I look at the annual move twelve months to

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Speaker 11: the end of every still in negative territory unfortunately, down

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Speaker 11: one point two percent. And Auckland, you know, the big

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Speaker 11: old market north of the Bombays, still a handbreak on

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Speaker 11: national progress given it's so large. It was down two

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Speaker 11: point three percent year on year. But other areas have

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Speaker 11: fed worse. Mike Faraday, that was down four percent. Told

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Speaker 11: on Wellington, Hastings down five percent. They're all pretty weak,

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Speaker 11: so not the only ones. There are others, but notably Mike.

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Speaker 11: This is not the same in the South Island. We

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Speaker 11: have bifurcation between the two islands. It looks more positive

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Speaker 11: down there. What's going on in the Cargo twelve month

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Speaker 11: house price is up four percent. Look, but in general,

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Speaker 11: looking at the state of the market. It's pretty it's

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Speaker 11: a pretty positive prose. I think, well, we are seeing

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Speaker 11: pretty pretty positive prose from the real estate folk. They

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Speaker 11: talk about growing confidence, fueling market momentum, sales have increased,

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Speaker 11: activity is ramping up. A quick throwaway comment that I

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Speaker 11: heard yesterday from a participant in the mortgage broking business.

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Speaker 11: He said that the mortgage brokers are busy. Something is stirring.

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Speaker 11: So look in the in the face of I guess

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Speaker 11: rising inventory and relatively stagnant prices that there's fighting talk

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Speaker 11: here in the commentary. In all fairness, the number of

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Speaker 11: sales have lifted. That's a good sign. And it was

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Speaker 11: a monthly increase in the house price action. So could

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Speaker 11: it be a change of trend?

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Speaker 2: Were you sure? We shall take all good news well received.

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Speaker 2: What are the numbers?

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Speaker 8: The numbers right? Well, here we go, nice positive start.

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Speaker 11: Today, the Dow Jones is up two hundred and eighty

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Speaker 11: two points or forty one thousand, seven hundred and sixty.

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Speaker 8: Seven, that's two thirds of a percent.

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Speaker 11: The S and P five hundred is up nine points

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Speaker 11: five six four seven, and the NASAK just down thirty six,

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Speaker 11: but only down small seventeen thousand, seven hundred and seventeen. Overnight,

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Speaker 11: the footsy one hundred gained forty nine points eight six

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Speaker 11: eight one, The nick was up almost one percent thirty

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Speaker 11: seven thy three hundred ninety six, the Shanghai composite gained

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Speaker 11: point one nine percent three four to two six. The

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Speaker 11: A six two hundred gained sixty four points point eight

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Speaker 11: three seven eight five four. Unfortunately, the NSX fifty started

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Speaker 11: the start of the week in negative territory, down point

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Speaker 11: eight two percent, down one hundred points twelve thousand, one

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Speaker 11: hundred and sixty six, and spark coming under more pressure.

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Speaker 8: But here's the thing.

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Speaker 11: The key we dollar against the US point five eight

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Speaker 11: one five, that's above fifty eight cents, above ninety one

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Speaker 11: cents against the Aussie point nine one one four point

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Speaker 11: five three two five Euro point four four seven seven

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Speaker 11: pounds eighty six point four seven Japanese yen goals still

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Speaker 11: around that three thousand dollars, just under two thousand and

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Speaker 11: nine one hundred and ninety five US dollars and Brent

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Speaker 11: crud seventy dollars and ninety seven cent good stuff.

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Speaker 2: See you tomorrow, Andrekellah Jmiwealth dot co dot m zsky

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Speaker 2: Political uncertainty is good for son Ryan Metal, Just to

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Speaker 2: let me give you an insight. They're an arms maker

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Speaker 2: in Germany, very well known. They're expecting twenty twenty five

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Speaker 2: sales to jump by twenty five to thirty percent thirty

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Speaker 2: six percent jump in consolidated sales last year. So you

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Speaker 2: take your thirty six from last year, add thirty this year.

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Speaker 2: Do the math. Operating profit record high last year, up

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Speaker 2: sixty one percent to two point six billion dollars. Wal

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Speaker 2: can be good six twenty one. In News Talk zv GO, Money.

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Speaker 1: Now Good, The Mike Hosking Breakfast Full Show podcast, ton

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Speaker 1: I have ready, Howard By News talks at me.

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Speaker 2: Covid are going to have some going to have some

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Speaker 2: pushback and some comeback. One hundred and twenty nine thousand

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Speaker 2: businesses took out COVID loans valuing two point four billion.

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Speaker 2: Now the deadline's coming for that to get paid back.

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Speaker 2: A lot hasn't been paid back, so we'll look at

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Speaker 2: that very shortly. Meantime, As Karne, new Prime Minister for Canada,

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Speaker 2: heads to France and we'll have Catherine on that for

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Speaker 2: you as well. Poll out, more than sixty percent of

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Speaker 2: Canadians reported buying fewer American products. I don't even know

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Speaker 2: that that's true. I'm very, very suspicious of these sort

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Speaker 2: of surveys. It's the it's the classic patriotism thing. Hey,

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Speaker 2: do you think you're buying more Canadians? You think you'll

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Speaker 2: buy more? Absolutely, we will. Whether that actually happens or not,

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Speaker 2: I don't know. Seven out of ten say they've upped

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Speaker 2: their purchases of goods made within the country. I was reading.

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Speaker 2: Funnily enough of the Trump puts two hundred percent on

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Speaker 2: wine Treasury, which is a major producer in Australia. Penfolds

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Speaker 2: they and I didn't realized this. They make a lot

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Speaker 2: of their wine in America, and so two hundred percent

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Speaker 2: is going to kill a lot of companies. But if

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Speaker 2: you're already in America, which is the whole Trump argument,

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Speaker 2: of course you have already there your quids in anyway,

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Speaker 2: more on that light of six twenty five.

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Speaker 1: Trending now with use the home of big brand fighters.

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Speaker 2: Now, Will Smith's making a musical comeback of sorts. It's

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Speaker 2: been twenty years since his last album, so his new

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Speaker 2: album is called Based on a True Story. It drops

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Speaker 2: twenty eight March. A couple of singles already out. Apparently

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Speaker 2: one's called Beautiful Scouce.

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Speaker 8: I hate the musical Why did he do it to

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Speaker 8: young on the helm?

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Speaker 9: That's the beautiful scarce.

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Speaker 1: Yeah, it's the beautiful flood.

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Speaker 12: Yeah, millions.

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Speaker 2: You don't like that one, And as it turns out,

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Speaker 2: I don't. This one's called work of art.

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Speaker 13: I am the paint and I'm the brush and I'm

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Speaker 13: the canvas. I am a think but if you touch,

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Speaker 13: I am a savage. I am a libra, but I

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Speaker 13: identify as a cancer. I am the tongue twoping the

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Speaker 13: buf in tandem. I am the fun and I'm the rain,

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Speaker 13: and I'm the way he.

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Speaker 2: Should turn to movies real. Oh sorry for his son.

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Speaker 13: Jaden's in that mousa Amjesus am judis.

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Speaker 2: In that Nepo baby kind of way that everything seems

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Speaker 2: to unfold these days. The album, he claims, will set

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Speaker 2: a new bar for musical artistry. He also addresses the

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Speaker 2: fact that he's been called socked by rappers because he

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Speaker 2: never swears in a song. So he's going to fix that.

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Speaker 2: He's going to add He's gonna swear like a mofo. Apparently. Yeah,

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Speaker 2: the COVID loans, So you wondered at the time, and

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Speaker 2: it was one of those weird things. And it was

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Speaker 2: mainly the sole operators or the sole traders who took

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Speaker 2: out the money. And we have a tremendous amount of money,

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Speaker 2: and of course there was very low interest and there

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Speaker 2: was also no kind of well do you think you

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Speaker 2: could pay them back? Are you in a position to

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Speaker 2: be able to pay back these loans? There was none

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Speaker 2: of that. So there's still nine hundred and fifty three

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Speaker 2: million dollars owing. So let's call that a round billion.

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Speaker 2: That's the labor party for you. Let's call it a

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Speaker 2: round billion. So what happens, simple question, what happens if

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Speaker 2: people can't pay it back. We'll have a look at

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Speaker 2: this after the news, which is next here on the

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Speaker 2: my Cosking breakfast news Talk, said.

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Speaker 1: B Mike usgame insightful, engaging and idle. The Mic Hosking

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

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Speaker 1: and rural news.

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Speaker 2: Togs Head be Mike Luxon seems to be promising stuff

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Speaker 2: we don't have. How can New Zealand contribute to military

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Speaker 2: in the region with India? He's dreaming, No, he's not

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Speaker 2: to Kaha is due there shortly, but we'll ask him

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Speaker 2: because he's with us in an oil mike. Further to

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Speaker 2: the COVID loans, whatever happened to the money people never

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Speaker 2: paid back when they state at MiQ they should have

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Speaker 2: had their credit cards. Will you know Greg where that's going.

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Speaker 2: That's another labor special that was Come and stay and

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Speaker 2: we'll give you a bill. Oh you don't want to

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Speaker 2: pay the bill? Are we going to chase you up? No,

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Speaker 2: we're not. And so it goes twenty three minutes away

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Speaker 2: from seven Canadian Plan Minister. The first port of call

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Speaker 2: is Prance and we'll caught catch up with catherin Field

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Speaker 2: in a couple of moments. Now back home, we might

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Speaker 2: be well, we might have a bubbling or a building,

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Speaker 2: a physical problem for some small businesses who borrowed money

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Speaker 2: during COVID. Our deadline for payback is June. We got

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Speaker 2: about a billion, a billion still owing. Ten thousand businesses

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Speaker 2: are already behind in payments to the tune of one

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Speaker 2: hundred and sixty one million. The default interest is almost

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Speaker 2: eleven percent. Managing Director of ABC Business Sales, Chris Smallback, Well,

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Speaker 2: this Chris, very good morning to you we might be

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Speaker 2: doing very well. Indeed, thank you. No security on the

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Speaker 2: loans at the time. In other words, if you said

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Speaker 2: you needed them, you got it. Was that a risk?

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Speaker 14: Yeah, it's a huge risk, Mike. You know, in hindsight

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Speaker 14: that the previous regime could look back. I'm sure they

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Speaker 14: would wind it back and put a few more bells

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Speaker 14: and braces in there, because what they're now finding is

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Speaker 14: people basically took the money thinking it was unlikely the

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Speaker 14: I'm going to pay it back, and sure enough they

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Speaker 14: haven't paid it back with little consequences. No security was

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Speaker 14: taken in the way pg's personal guarantees or any GSA's

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Speaker 14: every businesses. So it was a real free hit for

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Speaker 14: the business owner at the time.

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Speaker 2: So where where does the responsibility sit? Ultimately? Is the

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Speaker 2: business owner going to get pinged in some way if

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Speaker 2: they don't pay it back or not? And if they do,

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Speaker 2: what does that mean for the business community in general? Now,

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Speaker 2: are we going to see a whole bunch of small

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Speaker 2: companies go under I don't.

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Speaker 14: Believe so, because there was no security taken, so their

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Speaker 14: houses aren't at risk, no personal guarantees, so they can't

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Speaker 14: get personally bankrupted. All the id from what I have seen,

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Speaker 14: the red can do is put them this to fould

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Speaker 14: interest rate. You said, it'll keep mounting up and capitalizing,

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Speaker 14: and certainly in the sole traders position, they may just

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Speaker 14: walk away and set up a new entity or just

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Speaker 14: ignore it. But I don't think it's realistic for the

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Speaker 14: IOD to go around and just administration to speak, for

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Speaker 14: these one hundred and twenty odd thousand people to chase

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Speaker 14: it's just nothing to happen. So it's just it was

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Speaker 14: a balls up. That's can ecost Us hundreds of millions

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Speaker 14: of dollars unfortunately.

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Speaker 2: So we're on the hook for that. It's money that

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Speaker 2: At what point, I don't know, this is a new wheelhouse.

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Speaker 2: At what point does a government, because this will be

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Speaker 2: on the government books as a as a you know

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Speaker 2: it's coming back, it's our money, will get it. At

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Speaker 2: what point do they then write that off and go

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Speaker 2: we'll never see it again.

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Speaker 14: Well, they certainly won't do it this regime. It's a

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Speaker 14: bit like student loans. They never really wipe them off.

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Speaker 14: They to seep them go for perpetuity and keep saying

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Speaker 14: it's on the balance sheet. But the realistic situations, I'll

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Speaker 14: never see the money a fair bit of it anyway.

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Speaker 2: Jeez, talk to me while I've got you the market

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Speaker 2: for sales and business generally, are we bullish? Are we

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Speaker 2: seeing any light? Are we still turning over?

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Speaker 15: Yeah?

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Speaker 16: Good?

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Speaker 14: Good questions. So we just we just finalized the numbers

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Speaker 14: to the end of FEB sits. In the eleven months,

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Speaker 14: we were fifteen percent up on transactions, largely driven by

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Speaker 14: unskilled ethnic groups coming into New Zealand, Indians, Filipinos, Chinese

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Speaker 14: buying businesses like service stations, fruits stores, bottle stores. So

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Speaker 14: up hasn't really been a drop off in business sales,

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Speaker 14: but that's largely driven by unemployment and unskilled immigration coming

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Speaker 14: into New Zealand. So we're a little bit characacistical. Well,

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Speaker 14: good for business, but good for business sales? Is it

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Speaker 14: good for New Zealand? And at least people do bring

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Speaker 14: workI fick to the economy. And you know, small businesses

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Speaker 14: are the lifeblood of New Zealand. So I don't think

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Speaker 14: it's necessarily a bad thing. There's plenty of put this way,

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Speaker 14: there's plenty of keys who don't want to buy these

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Speaker 14: types of businesses, those types of so I think we

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Speaker 14: need that balanced, all right.

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Speaker 2: I broadly like it. But I do worry about when

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Speaker 2: you say unskilled, how does an unskilled person get into

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Speaker 2: the country.

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Speaker 14: Well, without Delvin and too deep. They seem to have

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Speaker 14: relations and cousins and news who live here. I think

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Speaker 14: there's some weeks good on immigration, but it seems to

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Speaker 14: be the large driver the reasons, the large families who

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Speaker 14: have sort of multiple touch points in New Zealand.

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Speaker 2: So up fifteen percent, All right, Chris, nice to talk

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Speaker 2: to you. Appreciate it as always, Chris Small ABC business Sales.

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Speaker 2: I'm sure there's a conversation that we had with Erica

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Speaker 2: Stanford there somewhere, isn't there. It's nineteen minutes away from

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Speaker 2: seven Again, He's one hundred percent right. The work ethic

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Speaker 2: of your average immigrant is a vast improvement on the

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Speaker 2: work ethic of far too many New Zealanders. Unfortunately. Daniel Herbert,

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Speaker 2: you remember Daniel Herbert ex Wallaby. He runs Rugby Australia

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Speaker 2: these days and he's reading yesterday in the Australian Press.

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Speaker 2: He's the chair of Rugby Australia. And this is good

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Speaker 2: news for rugby because they need good news. The Super

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Speaker 2: season so far, average number of points per game is

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Speaker 2: the highest ever, one of the narrowest narrowest average winning

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Speaker 2: margins on record, So they're tight my vintage, he says,

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Speaker 2: all sort of reminisce about yesteryear when this happened and

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Speaker 2: that happened. It's pretty clear we've never seen footy as

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Speaker 2: good as this or rugby as good as this. It

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Speaker 2: is the best of the best. Do you think he's right?

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Speaker 2: Eighteen to two.

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

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Speaker 1: By News talks a.

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Speaker 2: B welling Mike, another slow clap for those who thought

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Speaker 2: Jacinda was the messiah. Very good, Mike, our builder been

436
00:20:41,040 --> 00:20:43,359
Speaker 2: in New Zealand fifteen years, exceptionally good. Took a forty

437
00:20:43,440 --> 00:20:45,639
Speaker 2: K loan thinking it was not repayable, had a good

438
00:20:45,720 --> 00:20:47,840
Speaker 2: year prior to COVID, then very little for two years.

439
00:20:48,119 --> 00:20:50,840
Speaker 2: Also had fifty K to pay, no income to pay it.

440
00:20:51,200 --> 00:20:54,199
Speaker 2: Add forty thousand penalties. IID wanted it all back in

441
00:20:54,240 --> 00:20:56,320
Speaker 2: three years. He's now shut. The business left the country.

442
00:20:56,400 --> 00:20:59,200
Speaker 2: Very sad, Mike. I have one of those loans. During COVID,

443
00:20:59,200 --> 00:21:01,480
Speaker 2: the government used our admin in payroll system to pay

444
00:21:01,520 --> 00:21:04,560
Speaker 2: staff for no remuneration. After three years of recession, there's

445
00:21:04,600 --> 00:21:06,960
Speaker 2: no way we can repay those loans. Sam. See that's

446
00:21:06,960 --> 00:21:09,320
Speaker 2: the interesting point, isn't it, when you've buggered the economy

447
00:21:09,960 --> 00:21:12,600
Speaker 2: this badly. And this is Adrian Or and Grant Robertson

448
00:21:12,640 --> 00:21:15,920
Speaker 2: and Justindra Adern and Chris Hipkins. So the whole idea was, look,

449
00:21:15,960 --> 00:21:17,560
Speaker 2: have the money, get the money out the door. How

450
00:21:17,600 --> 00:21:20,639
Speaker 2: many times did you hear Grant Robinson say, very important

451
00:21:20,640 --> 00:21:23,000
Speaker 2: to get the money out the door. The idea being

452
00:21:23,040 --> 00:21:25,879
Speaker 2: we'd bounce back with alacrity. We'd all be doing so

453
00:21:26,119 --> 00:21:28,320
Speaker 2: well that we'd be able to pay the loans back.

454
00:21:28,320 --> 00:21:30,200
Speaker 2: But of course, given what they did and how they

455
00:21:30,240 --> 00:21:32,920
Speaker 2: handled it, we never were going to bounce back. In fact,

456
00:21:32,960 --> 00:21:34,879
Speaker 2: we had three recessions. So even at the end of

457
00:21:34,960 --> 00:21:37,880
Speaker 2: it all years on, we're still talking about COVID. COVID

458
00:21:37,920 --> 00:21:40,000
Speaker 2: arrived in twenty twenty five years on, we're still talking

459
00:21:40,040 --> 00:21:43,119
Speaker 2: about COVID and nothing's bounced back. And that's the problem.

460
00:21:43,200 --> 00:21:44,879
Speaker 2: So you haven't got the income to pay back the

461
00:21:44,880 --> 00:21:46,880
Speaker 2: loan you shouldn't have got in the first place. Oh well,

462
00:21:48,160 --> 00:21:49,880
Speaker 2: fourteen away from seven.

463
00:21:50,080 --> 00:21:53,960
Speaker 1: International correspondence with ends and eye insurance. Peace of mind

464
00:21:54,000 --> 00:21:55,000
Speaker 1: for New Zealand business.

465
00:21:55,040 --> 00:21:56,040
Speaker 2: This is Frank Captain Field.

466
00:21:56,080 --> 00:21:58,400
Speaker 17: Good morning, Good morning mate, my row.

467
00:21:58,400 --> 00:22:01,200
Speaker 2: Big phone called Trump Puttin. How much anticipation around this

468
00:22:01,320 --> 00:22:01,960
Speaker 2: in Europe?

469
00:22:02,520 --> 00:22:05,760
Speaker 18: Oh, enormous anticipation, And I think we can honestly say

470
00:22:05,800 --> 00:22:09,400
Speaker 18: a lot of skepticism. Nobody really thinks that it's going

471
00:22:09,480 --> 00:22:12,720
Speaker 18: to go well. There are concerns, of course, that you're

472
00:22:12,760 --> 00:22:15,479
Speaker 18: on the eve of this phone call between Trump and Putin,

473
00:22:15,800 --> 00:22:18,200
Speaker 18: that Europe will again be left.

474
00:22:18,040 --> 00:22:18,560
Speaker 17: Out of it.

475
00:22:18,760 --> 00:22:22,560
Speaker 18: I mean we're hearing, particularly from the EU foreign policy

476
00:22:22,600 --> 00:22:26,240
Speaker 18: chiefs saying the question of Europe being invited to the

477
00:22:26,280 --> 00:22:27,240
Speaker 18: negotiating table.

478
00:22:27,359 --> 00:22:29,280
Speaker 17: She said just a few hours ago it.

479
00:22:29,320 --> 00:22:31,679
Speaker 18: Is not relevant because the Russians are not going to

480
00:22:31,680 --> 00:22:33,200
Speaker 18: come to the negotiating table.

481
00:22:33,200 --> 00:22:34,400
Speaker 17: They said that there.

482
00:22:34,280 --> 00:22:38,520
Speaker 18: Are concerns that these are just sort of ideas and

483
00:22:38,600 --> 00:22:41,000
Speaker 18: preconditions that are coming out and that it will never

484
00:22:41,119 --> 00:22:44,240
Speaker 18: these talks between Trump and Putent will lead to nothing.

485
00:22:45,000 --> 00:22:48,240
Speaker 18: That the US might say, yes, we've got a deal,

486
00:22:48,320 --> 00:22:50,520
Speaker 18: but of course it may not come to anything.

487
00:22:50,560 --> 00:22:52,160
Speaker 17: So there's concern about that.

488
00:22:52,720 --> 00:22:55,800
Speaker 18: At the same time, everyone in Europe is watching these

489
00:22:55,840 --> 00:23:01,600
Speaker 18: transatlantic alliances that's resolved, just dismantled or hour by hour

490
00:23:01,640 --> 00:23:02,080
Speaker 18: if you like.

491
00:23:02,600 --> 00:23:05,280
Speaker 17: And I think The big talking point at.

492
00:23:05,240 --> 00:23:08,439
Speaker 18: The moment still is this idea that there would be

493
00:23:08,560 --> 00:23:11,720
Speaker 18: a coalition of the willing prepared to put troops on

494
00:23:11,760 --> 00:23:15,080
Speaker 18: the ground and to put in other types of logistics

495
00:23:15,119 --> 00:23:18,720
Speaker 18: for some sort of force to go into key points

496
00:23:18,960 --> 00:23:21,760
Speaker 18: in Ukraine. If it does so happen, that there would

497
00:23:21,800 --> 00:23:25,760
Speaker 18: be some sort of peace deal, some sort of ceasefire.

498
00:23:25,880 --> 00:23:27,360
Speaker 17: Now, of course that's going to come up again.

499
00:23:27,200 --> 00:23:30,800
Speaker 18: On Thursday when we have another meeting of those military chiefs.

500
00:23:30,840 --> 00:23:33,320
Speaker 18: We saw one here in Paris just last week. New

501
00:23:33,400 --> 00:23:36,840
Speaker 18: Zealand and Australia present at that. But no big idea

502
00:23:37,160 --> 00:23:40,040
Speaker 18: even on that mic as to how many troops they'd be,

503
00:23:40,680 --> 00:23:43,080
Speaker 18: who'd give what. All we know is it would be

504
00:23:43,480 --> 00:23:49,040
Speaker 18: perhaps ten thousand troops, strong weapons, logistics, intelligence, But still

505
00:23:49,080 --> 00:23:52,320
Speaker 18: not clear about who would offer what, or what sort

506
00:23:52,320 --> 00:23:54,480
Speaker 18: of peace or what sort of ceasfire they would be

507
00:23:54,520 --> 00:23:57,959
Speaker 18: looking at being a sort of a backstop for exactly.

508
00:23:58,000 --> 00:24:00,040
Speaker 2: And how reliant are you on the Americans too? The

509
00:24:00,119 --> 00:24:02,159
Speaker 2: extent of that phone call goes the way we think

510
00:24:02,200 --> 00:24:04,040
Speaker 2: it is imputents and having no troops on the ground

511
00:24:04,040 --> 00:24:05,720
Speaker 2: at all, and America goes, well, look, we can do

512
00:24:05,760 --> 00:24:07,480
Speaker 2: a deal, but only if there's no troops on the ground.

513
00:24:07,480 --> 00:24:09,680
Speaker 2: What does Europe then do do they go oh okay

514
00:24:09,800 --> 00:24:11,600
Speaker 2: or what? Well?

515
00:24:11,760 --> 00:24:14,359
Speaker 18: They have come up with enormous amount of money that

516
00:24:14,400 --> 00:24:15,960
Speaker 18: they said that they can plow into Ukraine.

517
00:24:16,080 --> 00:24:16,800
Speaker 17: I mean they aren't.

518
00:24:16,880 --> 00:24:20,160
Speaker 18: The EU is negotiating to put in some forty billion euros.

519
00:24:20,880 --> 00:24:23,120
Speaker 18: They're saying all the time, and we're hearing this again

520
00:24:23,200 --> 00:24:26,000
Speaker 18: from the Canadian Prime Minister and from the Emmanual Macron

521
00:24:26,040 --> 00:24:29,560
Speaker 18: today that there needs to be clear commitments from Russia.

522
00:24:29,640 --> 00:24:32,280
Speaker 18: There needs to be resolve and they need to all

523
00:24:32,280 --> 00:24:32,919
Speaker 18: stand together.

524
00:24:33,040 --> 00:24:34,440
Speaker 17: So essentially what they.

525
00:24:34,359 --> 00:24:38,719
Speaker 18: Are saying is, yes, if America appeals away him Russia

526
00:24:38,720 --> 00:24:41,840
Speaker 18: and America on that side, Europe will still stand firm.

527
00:24:41,880 --> 00:24:45,720
Speaker 18: And we're seeing countries like Poland talking about this European

528
00:24:45,800 --> 00:24:51,280
Speaker 18: nuclear umbrella where France becomes a nuclear safeguard for the

529
00:24:51,320 --> 00:24:52,000
Speaker 18: whole of Europe.

530
00:24:52,080 --> 00:24:54,400
Speaker 17: So that's essential. They're going to get it all back

531
00:24:54,440 --> 00:24:55,640
Speaker 17: together and on that.

532
00:24:55,760 --> 00:24:57,040
Speaker 18: You know, we're going to get more on that as

533
00:24:57,080 --> 00:24:59,040
Speaker 18: a week progress, as Mike, because we've got that big

534
00:24:59,080 --> 00:25:02,240
Speaker 18: European summit later on this week, and we've also got

535
00:25:02,240 --> 00:25:05,000
Speaker 18: the French President going to Germany on Tuesday for talks

536
00:25:05,040 --> 00:25:07,720
Speaker 18: there again about that nuclear guarantee exactly.

537
00:25:07,840 --> 00:25:10,480
Speaker 2: But you mentioned Cardia Mama Ago the new Canadian prime minister.

538
00:25:10,600 --> 00:25:13,160
Speaker 2: Is this a flag waving exercise because he's in town

539
00:25:13,240 --> 00:25:14,959
Speaker 2: and he didn't go to America And is this all

540
00:25:15,040 --> 00:25:16,960
Speaker 2: part of the I'm on the EU sides and the

541
00:25:16,960 --> 00:25:18,280
Speaker 2: coalition of the Willing, et cetera.

542
00:25:19,040 --> 00:25:19,240
Speaker 19: Oh?

543
00:25:19,359 --> 00:25:22,199
Speaker 18: Absolutely, As you rightly say, Minke, it used to be

544
00:25:22,320 --> 00:25:25,920
Speaker 18: tradition that the Canadian Prime minister upon taking office goes

545
00:25:25,920 --> 00:25:26,880
Speaker 18: straight to Washington.

546
00:25:27,600 --> 00:25:28,760
Speaker 17: He didn't this time.

547
00:25:29,200 --> 00:25:33,760
Speaker 18: Relations really are unraveling between the US and Canada. Canada's

548
00:25:33,800 --> 00:25:38,520
Speaker 18: economy and sovereignty under threat, just like the EU, the

549
00:25:38,640 --> 00:25:42,280
Speaker 18: idea of the US imposing tariff. So he was also

550
00:25:42,359 --> 00:25:45,840
Speaker 18: talking about tariffs to Emmanuel manchron that. You know, it's

551
00:25:46,000 --> 00:25:50,200
Speaker 18: so many new alliances being formed at the same time

552
00:25:50,240 --> 00:25:52,200
Speaker 18: as just watching what is going on in the US.

553
00:25:52,400 --> 00:25:54,680
Speaker 2: Hey, super quick, and I know it hasn't started yet.

554
00:25:54,680 --> 00:25:57,680
Speaker 2: But this Kardashian trial, which I was really what the

555
00:25:57,720 --> 00:26:00,000
Speaker 2: great deal of interest yesterday because it was can you

556
00:26:00,000 --> 00:26:01,320
Speaker 2: I believe that it's ten and this is what I

557
00:26:01,400 --> 00:26:02,880
Speaker 2: want to know. It's ten years ago that she got

558
00:26:02,920 --> 00:26:05,800
Speaker 2: nabbed at Paris Fashion Week. Do things like this normally

559
00:26:05,800 --> 00:26:07,040
Speaker 2: take ten years to get to court.

560
00:26:08,560 --> 00:26:10,760
Speaker 18: Well, this is quite an extraor notine yet. It does

561
00:26:10,880 --> 00:26:13,520
Speaker 18: usually take a long time. But did I mention the

562
00:26:13,520 --> 00:26:16,480
Speaker 18: COVID word again, mikeh it.

563
00:26:15,880 --> 00:26:17,399
Speaker 17: It got held up by COVID.

564
00:26:17,440 --> 00:26:20,320
Speaker 18: But the police, particularly the Organized Crime Squad, they're really

565
00:26:20,359 --> 00:26:23,080
Speaker 18: furious that this is only going to come to trial

566
00:26:23,160 --> 00:26:25,920
Speaker 18: at the end of April this year, considering they caught

567
00:26:25,960 --> 00:26:29,040
Speaker 18: these guys back in January twenty seventeen. So you know,

568
00:26:29,160 --> 00:26:31,520
Speaker 18: we did our work. We got what's known as the

569
00:26:31,600 --> 00:26:34,439
Speaker 18: Kadashian twelve. We brought them, and surely you can do

570
00:26:34,480 --> 00:26:35,520
Speaker 18: this job a bit faster.

571
00:26:35,760 --> 00:26:38,040
Speaker 2: We shall talk more when it gets underway. Nice to

572
00:26:38,040 --> 00:26:40,119
Speaker 2: talk to Katheryne Catherine Field in France. One of them

573
00:26:40,200 --> 00:26:42,560
Speaker 2: is called old Omar. He's sixty nine. He's not that old,

574
00:26:42,640 --> 00:26:46,800
Speaker 2: sixty nine Old Omar. He suffers from a cute heart condition.

575
00:26:46,920 --> 00:26:50,800
Speaker 2: He's hard of hearing what he freely admits he was

576
00:26:50,840 --> 00:26:53,000
Speaker 2: the leader of the gang. There's a guy called Unusabas

577
00:26:53,000 --> 00:26:56,160
Speaker 2: who's seventy two. He wrote a book which was entitled

578
00:26:56,200 --> 00:26:58,600
Speaker 2: I Kidnapped Kim Kardashian. So I'm not sure the trial

579
00:26:58,680 --> 00:26:59,680
Speaker 2: is going to go particularly well.

580
00:26:59,680 --> 00:26:59,919
Speaker 8: For him.

581
00:27:00,040 --> 00:27:02,000
Speaker 2: We'll keep you posted. Nine away from seven.

582
00:27:02,400 --> 00:27:05,359
Speaker 1: The Mike Hosking Breakfast with the range Rover, the La

583
00:27:05,640 --> 00:27:06,520
Speaker 1: News Togs Dead be.

584
00:27:06,880 --> 00:27:09,040
Speaker 2: Morning, Mike. I go to COVID loan, have paid it back,

585
00:27:09,080 --> 00:27:11,640
Speaker 2: but after lockdown, we were promised life would bounce back

586
00:27:11,680 --> 00:27:14,520
Speaker 2: to normal. It didn't. Labour ruined the economy, so no

587
00:27:14,560 --> 00:27:16,520
Speaker 2: one can afford to eat, let alone pay the loan back.

588
00:27:16,560 --> 00:27:18,920
Speaker 2: I burned through three hundred thousand dollars of savings keeping

589
00:27:18,960 --> 00:27:22,040
Speaker 2: my business open during COVID, paying staff, et cetera, wearing

590
00:27:22,040 --> 00:27:25,119
Speaker 2: liquidations from other companies. It's a mess, five years of

591
00:27:25,119 --> 00:27:27,720
Speaker 2: mess exactly. So that's why these stories are so relevant

592
00:27:27,720 --> 00:27:30,879
Speaker 2: and so important, because we're still here, we're still paying

593
00:27:30,920 --> 00:27:33,120
Speaker 2: for it, and the most dangerous thing we could do

594
00:27:34,000 --> 00:27:38,680
Speaker 2: is forget five away from seven, all the ins.

595
00:27:38,320 --> 00:27:42,000
Speaker 1: And the ouse. It's the bizz with business favor. Take

596
00:27:42,080 --> 00:27:44,399
Speaker 1: your business productivity to the next level.

597
00:27:44,480 --> 00:27:46,320
Speaker 2: Right the OECD, you've come to the party, and I

598
00:27:46,400 --> 00:27:48,680
Speaker 2: use the word party fairly loosely this morning, because they've

599
00:27:48,800 --> 00:27:52,520
Speaker 2: issued their latest Global Growth reporter and Trump's basically ruined it.

600
00:27:53,000 --> 00:27:56,639
Speaker 2: Canada and Mexico biggest impact forecasters are down more than

601
00:27:56,720 --> 00:28:00,359
Speaker 2: halved Canada's growth outlook for the year and next. Before

602
00:28:00,359 --> 00:28:02,720
Speaker 2: the tariffs, they were predicting growth of two percent for

603
00:28:02,760 --> 00:28:05,480
Speaker 2: both years. That's down to zero point seven percent for

604
00:28:05,520 --> 00:28:08,840
Speaker 2: each year. Mexico was thinking they would grow one point

605
00:28:08,840 --> 00:28:12,199
Speaker 2: two and one point six. Now they're expected to contract

606
00:28:12,920 --> 00:28:16,359
Speaker 2: one point three this year and another zero point six

607
00:28:16,440 --> 00:28:20,600
Speaker 2: next year, so they're in trouble. So basically from positive

608
00:28:20,640 --> 00:28:23,760
Speaker 2: to negative. US has hit as well. Their growth goes

609
00:28:23,760 --> 00:28:25,439
Speaker 2: from two point four to two point one. This is

610
00:28:25,480 --> 00:28:27,359
Speaker 2: going to go really well for the midterms, isn't it.

611
00:28:27,400 --> 00:28:30,600
Speaker 2: How's he going to explain this to all the apoplectic

612
00:28:30,640 --> 00:28:34,080
Speaker 2: Republicans who are back in their states, going, what's happened

613
00:28:34,119 --> 00:28:37,560
Speaker 2: to the economy? Donald? Anyway? So that's dropped to two

614
00:28:37,560 --> 00:28:41,040
Speaker 2: point two and one point six. China, they don't care.

615
00:28:41,240 --> 00:28:44,520
Speaker 2: They've increased their forecast slightly four point eight. Mind, yet

616
00:28:44,520 --> 00:28:47,480
Speaker 2: it ain't what it was. For the world generally, growth

617
00:28:47,600 --> 00:28:49,160
Speaker 2: is going to slow from three point two to three

618
00:28:49,200 --> 00:28:52,960
Speaker 2: point one. It's also previously forecast global inflation at three

619
00:28:52,960 --> 00:28:55,320
Speaker 2: point five that's now at three point eight. So this

620
00:28:55,360 --> 00:28:58,479
Speaker 2: is against everything Donald said. So what Donald said was

621
00:28:58,920 --> 00:29:02,640
Speaker 2: prices go down up. None of this is inflationary. It's

622
00:29:02,680 --> 00:29:04,480
Speaker 2: just a little short term thing. It's just a little

623
00:29:04,520 --> 00:29:06,640
Speaker 2: short term thing. No one's going to notice. It's not

624
00:29:06,640 --> 00:29:09,080
Speaker 2: going to be a problem. As for that idiot Lutnik,

625
00:29:09,200 --> 00:29:11,160
Speaker 2: there won't be no recession. There's not going to be

626
00:29:11,240 --> 00:29:16,720
Speaker 2: a recession. Never going to be a recession. Wrong. So

627
00:29:16,840 --> 00:29:19,720
Speaker 2: the good news here while we wait for the impact

628
00:29:19,800 --> 00:29:21,840
Speaker 2: on tariffs in this particular part of the world, is

629
00:29:21,920 --> 00:29:24,160
Speaker 2: Daria coming to the party yet again. So we're already.

630
00:29:24,160 --> 00:29:26,440
Speaker 2: So what traditionally happens is that you have a really

631
00:29:26,440 --> 00:29:28,320
Speaker 2: good year, which we're having. We're in the teens by

632
00:29:28,360 --> 00:29:30,680
Speaker 2: way of a payout and the dividends up around the

633
00:29:30,720 --> 00:29:33,040
Speaker 2: seventy cent mark, and then you have a sort of

634
00:29:33,080 --> 00:29:34,880
Speaker 2: a not so good year. But that's been going on

635
00:29:34,880 --> 00:29:36,760
Speaker 2: for twenty five years. Now, we're going to hear this

636
00:29:36,800 --> 00:29:38,600
Speaker 2: morning we're going to have a good year, and then

637
00:29:39,120 --> 00:29:41,360
Speaker 2: tell you what, let's have another good year. So we'll

638
00:29:41,360 --> 00:29:43,720
Speaker 2: give you the numbers for you after the news here

639
00:29:43,720 --> 00:29:44,720
Speaker 2: a news talk said.

640
00:29:44,560 --> 00:29:50,720
Speaker 1: People, news, opinion and everything in between. The mic hunting,

641
00:29:50,760 --> 00:29:55,200
Speaker 1: Breakfast with a Vita, Retirement, Communities, Life your Way, news

642
00:29:55,200 --> 00:29:55,880
Speaker 1: talks head.

643
00:29:55,680 --> 00:29:58,680
Speaker 2: Be seven past seven. So the dairy story continues what

644
00:29:58,760 --> 00:30:00,880
Speaker 2: looks like a golden run. We've got new forecast this

645
00:30:00,920 --> 00:30:02,760
Speaker 2: morning from dary en Z telling us the twenty five

646
00:30:02,760 --> 00:30:05,320
Speaker 2: to twenty six season could be one for the history box. Basically,

647
00:30:05,320 --> 00:30:07,160
Speaker 2: for the last quarter century, you get a good year

648
00:30:07,240 --> 00:30:09,000
Speaker 2: yet a not so good year. That's how the trend

649
00:30:09,120 --> 00:30:11,920
Speaker 2: is gone. Darien Z had of economics Mark stories with

650
00:30:12,080 --> 00:30:15,360
Speaker 2: us Mark morning, Good morning, Mike. So what's happening into

651
00:30:15,400 --> 00:30:18,080
Speaker 2: the new year. We got supply demand balancing out nicely

652
00:30:18,120 --> 00:30:20,520
Speaker 2: and it's all golden rainbows.

653
00:30:21,040 --> 00:30:26,440
Speaker 19: It's looking positive. It's always a bit it's always a

654
00:30:26,440 --> 00:30:29,160
Speaker 19: bit risky doing a forecast and looking ahead into the

655
00:30:29,160 --> 00:30:32,400
Speaker 19: next season because things so change. But we've had a

656
00:30:32,400 --> 00:30:35,400
Speaker 19: good season to one we're currently in in terms of

657
00:30:35,400 --> 00:30:38,040
Speaker 19: the payout price, it's looking like the Spine de Marn's

658
00:30:38,040 --> 00:30:41,320
Speaker 19: in good balance and we are. We released our forecast

659
00:30:41,360 --> 00:30:45,720
Speaker 19: yesterday and we're looking at another payout average payout of

660
00:30:45,760 --> 00:30:48,400
Speaker 19: in access for ten dollars, which is always a good

661
00:30:48,440 --> 00:30:49,040
Speaker 19: place to be in.

662
00:30:49,440 --> 00:30:52,440
Speaker 2: That's the truth. Average average break even points eight point

663
00:30:52,400 --> 00:30:55,440
Speaker 2: fifty ish. Is there too much debt in deary generally?

664
00:30:55,720 --> 00:30:57,800
Speaker 2: I mean tens are big number you need and if

665
00:30:57,800 --> 00:31:00,000
Speaker 2: you need to eight to fifty every time you're asked

666
00:31:00,000 --> 00:31:00,959
Speaker 2: looking for trouble, aren't you.

667
00:31:03,040 --> 00:31:03,520
Speaker 15: Yeah, it is.

668
00:31:03,600 --> 00:31:08,040
Speaker 19: So that's reflecting quite high high farm working expenses and

669
00:31:08,120 --> 00:31:12,120
Speaker 19: other debt repayment, interest costs, et cetera, which really sort

670
00:31:12,120 --> 00:31:15,120
Speaker 19: of spiked over the last few years. So while it's

671
00:31:15,200 --> 00:31:18,560
Speaker 19: a good return, it's a good income, it's undeniable that

672
00:31:18,560 --> 00:31:20,920
Speaker 19: the prices are still the expenses still pretty high. The

673
00:31:20,960 --> 00:31:24,120
Speaker 19: good news and that is we're sort of seeing some

674
00:31:24,160 --> 00:31:28,640
Speaker 19: of that farm price inflation sort of start to ease off,

675
00:31:29,360 --> 00:31:31,960
Speaker 19: and our interest for interest costs are coming down. So

676
00:31:32,080 --> 00:31:34,920
Speaker 19: farmers have been making repayments on their debt in the

677
00:31:35,000 --> 00:31:38,200
Speaker 19: last season or two, and we certainly encourage them to

678
00:31:38,200 --> 00:31:40,600
Speaker 19: continue to do so. So there's a good pay there's

679
00:31:40,640 --> 00:31:43,280
Speaker 19: a good story in terms of getting their debt levels

680
00:31:43,280 --> 00:31:45,080
Speaker 19: down as well, which is which has been a key

681
00:31:45,120 --> 00:31:46,480
Speaker 19: issue in the last couple of seasons.

682
00:31:46,520 --> 00:31:48,680
Speaker 2: You've got to hit around tariffs and what happens now.

683
00:31:50,880 --> 00:31:54,120
Speaker 19: That's kind of the sort of the warning signs with

684
00:31:54,200 --> 00:31:56,920
Speaker 19: any with any making any sort of predictions about the

685
00:31:56,920 --> 00:31:59,600
Speaker 19: future is we just we just don't know. So it's

686
00:31:59,720 --> 00:32:03,080
Speaker 19: it's volatile on the number fronts. Dairy like all our

687
00:32:03,520 --> 00:32:07,120
Speaker 19: trade sector is kind of hugely exposed to what happens

688
00:32:07,120 --> 00:32:11,440
Speaker 19: offshore and things outside of the farmer's control. So yeah,

689
00:32:11,480 --> 00:32:15,640
Speaker 19: the tariff discussion is of concern because so many things

690
00:32:15,640 --> 00:32:18,719
Speaker 19: could go, could go, could go pear shaped, or there

691
00:32:18,720 --> 00:32:22,080
Speaker 19: could be opportunities in there in terms of other people's

692
00:32:22,080 --> 00:32:23,920
Speaker 19: strife as well. So it's really hard to say at

693
00:32:23,920 --> 00:32:24,680
Speaker 19: the stage.

694
00:32:25,240 --> 00:32:27,520
Speaker 2: About China, isn't it. And I'm looking yet again at

695
00:32:27,520 --> 00:32:30,320
Speaker 2: the Chinese wanting to, you know, just seemingly print money

696
00:32:30,360 --> 00:32:33,000
Speaker 2: and give it to everybody within China. And I'm assuming

697
00:32:33,040 --> 00:32:35,000
Speaker 2: some of that flows through to us because I'm assuming

698
00:32:35,040 --> 00:32:37,560
Speaker 2: the desire for dairy from the middle class is still strong.

699
00:32:38,960 --> 00:32:41,080
Speaker 19: Yeah, I'm in China's a big part of the market

700
00:32:41,240 --> 00:32:45,360
Speaker 19: and if they're in there buying it's that's what's getting

701
00:32:45,400 --> 00:32:48,320
Speaker 19: the good market concisions for us. So we'll watch that

702
00:32:48,640 --> 00:32:52,160
Speaker 19: and you know, the trade, the trade issues between the

703
00:32:52,320 --> 00:32:54,640
Speaker 19: US and China and Mexico and Canada with interests.

704
00:32:54,840 --> 00:32:56,680
Speaker 2: Okay, good to talk to you, Marke. Appreciate the insight

705
00:32:56,760 --> 00:32:59,000
Speaker 2: Mark's story Dairy and New Zealand Head of Economics with

706
00:32:59,080 --> 00:33:01,520
Speaker 2: US ten minutes, seven parts. Get I'm also reading some

707
00:33:01,520 --> 00:33:03,520
Speaker 2: good reading you be done on blueberries. I love blueberries.

708
00:33:03,560 --> 00:33:05,760
Speaker 2: Part of some blueberries the other day. Four thousand tons

709
00:33:05,760 --> 00:33:07,800
Speaker 2: in this country from a thousand hectares. They're now looking

710
00:33:07,840 --> 00:33:10,160
Speaker 2: to Australia in South Korea. So things look bright in

711
00:33:10,160 --> 00:33:13,040
Speaker 2: that particular department. It ain't no dairy, but we'll take

712
00:33:13,040 --> 00:33:14,640
Speaker 2: all the good news. We can possibly get a new

713
00:33:14,640 --> 00:33:16,840
Speaker 2: player in the local body election game for you. This morning,

714
00:33:16,880 --> 00:33:20,280
Speaker 2: actor announcing for the first time they will stand candidates

715
00:33:20,280 --> 00:33:23,920
Speaker 2: come October. David Seymour's with us morning, Good morning, Way,

716
00:33:24,040 --> 00:33:26,240
Speaker 2: isn't this a big call? Do you need this headache?

717
00:33:27,560 --> 00:33:30,600
Speaker 16: It's not a headache, it's an opportunity. I've been a

718
00:33:30,640 --> 00:33:33,120
Speaker 16: member of Parliament for a bit over ten years now

719
00:33:33,440 --> 00:33:36,480
Speaker 16: and I can't tell you how many of the issues

720
00:33:36,520 --> 00:33:39,720
Speaker 16: people bring to me. If I'm honest with them, I'd say, well,

721
00:33:40,520 --> 00:33:43,480
Speaker 16: that comes down to your counselor it's your counsel that's

722
00:33:43,520 --> 00:33:46,720
Speaker 16: making that decision. But have their own elected body, it's

723
00:33:46,800 --> 00:33:49,600
Speaker 16: really for them. Of course, I usually don't say that

724
00:33:49,680 --> 00:33:51,920
Speaker 16: because people want their problem solved by the person in

725
00:33:51,920 --> 00:33:54,280
Speaker 16: front of them, but I just feel that if New

726
00:33:54,360 --> 00:33:57,480
Speaker 16: Zealand has had people in front of them who they

727
00:33:57,520 --> 00:33:59,920
Speaker 16: know what they're getting because they're part of a brand

728
00:34:00,480 --> 00:34:04,560
Speaker 16: that the people who are committed to reducing wastes and rates,

729
00:34:04,560 --> 00:34:07,080
Speaker 16: helping people get where they want to get on their terms,

730
00:34:07,120 --> 00:34:10,960
Speaker 16: not socially engineering them in diciple ways. And believe in

731
00:34:11,280 --> 00:34:15,520
Speaker 16: universal human rights where we no longer divide people by

732
00:34:15,800 --> 00:34:18,319
Speaker 16: when their ancestors arrive. Those are three things where I

733
00:34:18,320 --> 00:34:21,120
Speaker 16: think ACT has a strong brand. I think there might

734
00:34:21,160 --> 00:34:23,359
Speaker 16: be people in each community who want to stand under

735
00:34:23,360 --> 00:34:25,880
Speaker 16: that banner and we'd get better local government as a result.

736
00:34:25,960 --> 00:34:28,080
Speaker 2: Why can't they do that as an independent? What are

737
00:34:28,080 --> 00:34:30,080
Speaker 2: you looking for? An independent or an ACT? Disciple?

738
00:34:31,640 --> 00:34:35,160
Speaker 16: Well, I think it's actually a combination of the two.

739
00:34:35,520 --> 00:34:38,360
Speaker 16: Disciple is a strong word, but you basically need to

740
00:34:38,360 --> 00:34:39,080
Speaker 16: know what you're getting.

741
00:34:39,120 --> 00:34:41,640
Speaker 14: And often people will say to me, well.

742
00:34:41,520 --> 00:34:43,439
Speaker 16: My council sent me the little book. I look through

743
00:34:43,440 --> 00:34:46,000
Speaker 16: the names. I didn't know them, and I wasn't really

744
00:34:46,040 --> 00:34:48,160
Speaker 16: sure what I was getting, but I tipped someone anyway.

745
00:34:48,560 --> 00:34:52,000
Speaker 16: As a result, we end up with counsels that tend

746
00:34:52,080 --> 00:34:55,000
Speaker 16: to disappoint people. I think having a team of people

747
00:34:55,080 --> 00:34:58,239
Speaker 16: under a common brand and with a common set of

748
00:34:58,280 --> 00:35:02,560
Speaker 16: beliefs on your council could actually restore some of people's

749
00:35:02,560 --> 00:35:05,480
Speaker 16: trusts and hope for what their council can do for them,

750
00:35:05,800 --> 00:35:07,520
Speaker 16: or in many cases not do, because I would say

751
00:35:07,520 --> 00:35:08,560
Speaker 16: they're doing too much.

752
00:35:08,480 --> 00:35:10,319
Speaker 2: Given there's a lot of councils and the fact there's

753
00:35:10,360 --> 00:35:12,080
Speaker 2: far too many councils in this country and far too

754
00:35:12,080 --> 00:35:14,680
Speaker 2: many council is. Do you worry about the quality in

755
00:35:14,719 --> 00:35:17,879
Speaker 2: your presence branding wise that you go a bit thin

756
00:35:17,960 --> 00:35:20,040
Speaker 2: on the ground and you might find a few people

757
00:35:20,120 --> 00:35:20,960
Speaker 2: going rogue on you.

758
00:35:22,239 --> 00:35:25,799
Speaker 16: Well, that's why I'm calling it an exploratory campaign at

759
00:35:25,800 --> 00:35:28,640
Speaker 16: this point. If we get people we think are solid,

760
00:35:29,239 --> 00:35:32,080
Speaker 16: respected in their community, who can stand up and do

761
00:35:32,160 --> 00:35:35,440
Speaker 16: the business for three years if elected, then we'll go ahead.

762
00:35:35,480 --> 00:35:39,200
Speaker 16: There's always a chance that we won't and then we'll say, look,

763
00:35:39,400 --> 00:35:41,719
Speaker 16: we looked at it, but maybe people aren't ready for

764
00:35:41,719 --> 00:35:42,160
Speaker 16: this yet.

765
00:35:42,440 --> 00:35:44,120
Speaker 2: At least we try, all right, fair enough, Nice to

766
00:35:44,120 --> 00:35:45,920
Speaker 2: talk David Seymour, the act lead and more on this

767
00:35:46,520 --> 00:35:49,279
Speaker 2: on the CRUs Hipkins Wellington debarkle. If you're not up

768
00:35:49,280 --> 00:35:51,800
Speaker 2: on that, I'll explain very shortly thirteen minutes past seven.

769
00:35:52,880 --> 00:35:55,080
Speaker 2: It feels like Sultan the win every time the mainstream

770
00:35:55,120 --> 00:35:57,520
Speaker 2: media goes to Hipkins for his opinion on everything, considering

771
00:35:57,560 --> 00:35:59,359
Speaker 2: the mess that you made of everything he touched. Mike,

772
00:35:59,440 --> 00:36:01,800
Speaker 2: my relative small loan. This has taken off this morning.

773
00:36:02,520 --> 00:36:05,520
Speaker 2: My relatively small loan. The COVID loan helped keep my

774
00:36:05,560 --> 00:36:08,000
Speaker 2: full staff alive. Two years after COVID, my industry did

775
00:36:08,000 --> 00:36:10,360
Speaker 2: not bounce back. I am now just a sole trader

776
00:36:10,400 --> 00:36:12,680
Speaker 2: with a thirty K loan. I can't pay it, Mike.

777
00:36:12,719 --> 00:36:15,760
Speaker 2: Why aren't the mainstream media talking about these COVID loans

778
00:36:15,760 --> 00:36:19,239
Speaker 2: and labor of buggering the economy? I don't know. I

779
00:36:19,239 --> 00:36:20,520
Speaker 2: don't follow the mainstream media.

780
00:36:20,560 --> 00:36:20,719
Speaker 15: Mike.

781
00:36:20,800 --> 00:36:24,440
Speaker 2: They should double the port's CEOs. Fine, this is the

782
00:36:24,440 --> 00:36:27,239
Speaker 2: Gibson case, as he clearly doesn't understand that someone under

783
00:36:27,320 --> 00:36:29,840
Speaker 2: him died. Let me come back to that, because I

784
00:36:29,880 --> 00:36:30,600
Speaker 2: disagree with you.

785
00:36:30,680 --> 00:36:35,759
Speaker 1: Thirteen past the high asking Breakfast Full Show podcast on

786
00:36:35,920 --> 00:36:38,279
Speaker 1: iHeartRadio powered by News Talks.

787
00:36:38,000 --> 00:36:41,440
Speaker 2: Atb News Talks will be Christopher Luxon out of India. Shortly.

788
00:36:41,520 --> 00:36:44,359
Speaker 2: It's sixteen past seven. So Simon Watts, who's the new

789
00:36:44,440 --> 00:36:46,839
Speaker 2: Energy Minister? As a result of the summery shuffle. Of course,

790
00:36:46,840 --> 00:36:48,920
Speaker 2: he was given a briefing on his new portfolio. The

791
00:36:48,960 --> 00:36:52,840
Speaker 2: SUS standard practice. That particular document has been released in

792
00:36:52,880 --> 00:36:54,879
Speaker 2: the last twenty four hours. In a way, it tells

793
00:36:54,960 --> 00:36:57,280
Speaker 2: us nothing we shouldn't have known. We don't have enough power.

794
00:36:57,280 --> 00:36:59,600
Speaker 2: Renewables don't cover the gap in the present point in time,

795
00:36:59,640 --> 00:37:01,239
Speaker 2: and what's needs to take a long term view of

796
00:37:01,280 --> 00:37:03,359
Speaker 2: all of this. Anyway, the energy resources are there right

797
00:37:03,440 --> 00:37:06,879
Speaker 2: to see. John Carnegie's well us John Morning, Ye morning.

798
00:37:07,120 --> 00:37:10,160
Speaker 2: He's been fairly bullish on his talk towards Gen Taylor's

799
00:37:10,160 --> 00:37:12,480
Speaker 2: and the plan selling and spot prices and stuff. Are

800
00:37:12,480 --> 00:37:14,520
Speaker 2: you're happy with what's being said? At least?

801
00:37:16,520 --> 00:37:16,600
Speaker 8: No?

802
00:37:16,640 --> 00:37:21,000
Speaker 15: Look, I think everyone wants and deserves an electricity market

803
00:37:21,000 --> 00:37:25,040
Speaker 15: that's as competitive as possible, So it's useful to shine

804
00:37:25,080 --> 00:37:27,319
Speaker 15: the light every now and again and make sure that

805
00:37:27,320 --> 00:37:28,440
Speaker 15: that's exactly what's going on.

806
00:37:28,920 --> 00:37:31,279
Speaker 2: We're in a better place, or so the industry keeps

807
00:37:31,280 --> 00:37:33,720
Speaker 2: saying this year than we were last. Is that luck

808
00:37:33,920 --> 00:37:35,680
Speaker 2: and rain or something more than that?

809
00:37:36,800 --> 00:37:37,360
Speaker 14: Oh?

810
00:37:37,480 --> 00:37:40,040
Speaker 15: Yeah, No, Look, New Zealand certainly just doesn't have the

811
00:37:40,120 --> 00:37:44,960
Speaker 15: natural gas needed to run our electricity system. And actually,

812
00:37:45,040 --> 00:37:46,560
Speaker 15: I think you said it in the intro. We just

813
00:37:46,600 --> 00:37:50,400
Speaker 15: don't have the affordable alternates to fill the massive energy

814
00:37:50,440 --> 00:37:52,960
Speaker 15: gap that we now face. And so we're starting to

815
00:37:52,960 --> 00:37:57,399
Speaker 15: see elevated spot market electricity and spot market prices as

816
00:37:57,440 --> 00:38:00,319
Speaker 15: a result. And you know, the upshot of is that

817
00:38:00,400 --> 00:38:02,440
Speaker 15: relying on the weather isn't a great way to run

818
00:38:02,480 --> 00:38:05,480
Speaker 15: an economy, let alone an energy system. And correct, we

819
00:38:05,600 --> 00:38:09,280
Speaker 15: can't keep on reaching from winter to winter without taking

820
00:38:09,320 --> 00:38:10,680
Speaker 15: some systemic action.

821
00:38:11,640 --> 00:38:14,560
Speaker 2: Well, the systemic action comes from the power companies who

822
00:38:14,560 --> 00:38:18,000
Speaker 2: are had on the program, who say be patient, in time,

823
00:38:18,120 --> 00:38:20,319
Speaker 2: renewables will fill the gap. Are they wrong?

824
00:38:22,239 --> 00:38:25,000
Speaker 15: Oh, well, they're certainly going to help. I mean, we've

825
00:38:25,040 --> 00:38:29,080
Speaker 15: kind of got an amazing problem to have. But what

826
00:38:29,120 --> 00:38:32,320
Speaker 15: we do have is an overreliance on weather dependent sources

827
00:38:32,360 --> 00:38:36,160
Speaker 15: of power generation that need to be backed by coal

828
00:38:36,520 --> 00:38:40,200
Speaker 15: or natural gas. And I think it's abundantly clear for

829
00:38:40,280 --> 00:38:43,160
Speaker 15: all to see that without new gas fields or new

830
00:38:43,239 --> 00:38:47,239
Speaker 15: permitted areas for expiration gas and no longer fully the

831
00:38:47,440 --> 00:38:51,359
Speaker 15: hydro lake levels as they should, and that threatens our

832
00:38:51,440 --> 00:38:53,840
Speaker 15: economic resilience and energy security.

833
00:38:54,000 --> 00:38:56,440
Speaker 2: That's what I can't understand. So even if we all

834
00:38:56,440 --> 00:38:59,200
Speaker 2: agree that renewables may one day be fantastic, and that's

835
00:38:59,280 --> 00:39:03,040
Speaker 2: fine and dandy, right here right now, it's surely it's

836
00:39:03,080 --> 00:39:07,480
Speaker 2: irrefutable we don't have enough gas, and it's irrefutable that. No,

837
00:39:07,600 --> 00:39:10,960
Speaker 2: we may not like coal, but it's the answer. Do

838
00:39:11,040 --> 00:39:13,560
Speaker 2: people argue against that, Oh.

839
00:39:13,520 --> 00:39:16,479
Speaker 15: Yeah, no of course, because we get some who say

840
00:39:16,520 --> 00:39:21,840
Speaker 15: that we can have one hundred percent renewable electricity system, but.

841
00:39:22,200 --> 00:39:24,799
Speaker 2: So does but we don't. That's the point. I mean,

842
00:39:24,840 --> 00:39:25,279
Speaker 2: we don't.

843
00:39:25,320 --> 00:39:29,200
Speaker 15: It's just not feasible. It's not feasible. Even the Climate

844
00:39:29,280 --> 00:39:33,719
Speaker 15: Change Commission argued against a one hundred percent renewable electricity

845
00:39:33,760 --> 00:39:38,360
Speaker 15: system because it is unreliable and it is too expensive.

846
00:39:38,440 --> 00:39:41,879
Speaker 15: And basically, when the sun doesn't shine, it doesn't rain

847
00:39:41,960 --> 00:39:44,840
Speaker 15: and the wind doesn't blow. We need a system that

848
00:39:45,000 --> 00:39:48,799
Speaker 15: is resilient enough to fill the gaps, and that can

849
00:39:48,880 --> 00:39:52,560
Speaker 15: only come from natural gas. And unfortunately, now.

850
00:39:52,480 --> 00:39:55,719
Speaker 2: Yes Cole right, your voice is being heard at the

851
00:39:55,800 --> 00:39:59,399
Speaker 2: highest level so that something more sensible can be done

852
00:39:59,680 --> 00:40:01,960
Speaker 2: as a post having power outages.

853
00:40:03,480 --> 00:40:07,200
Speaker 15: Look, you know, Minister Jant, Yes, we're working collaboratively with

854
00:40:07,320 --> 00:40:09,640
Speaker 15: Minister Jones and other ministers. You know, they are hard

855
00:40:09,680 --> 00:40:12,359
Speaker 15: at work on you know, because of course, as I've

856
00:40:12,400 --> 00:40:14,640
Speaker 15: said a number of times on you show the problem

857
00:40:15,000 --> 00:40:18,480
Speaker 15: with the New Zealand energy systems that because of the

858
00:40:18,520 --> 00:40:21,600
Speaker 15: oil and gas span of twenty eighteen, the sector now

859
00:40:21,719 --> 00:40:26,400
Speaker 15: faces massive sovereign risk, which means that investors are wary

860
00:40:26,920 --> 00:40:29,880
Speaker 15: of investing, and so Minister Jones and his colleagues are

861
00:40:29,880 --> 00:40:33,080
Speaker 15: looking at that and what's needed including actually, I see

862
00:40:33,680 --> 00:40:37,080
Speaker 15: just maybe last week there was discussion about the Crown

863
00:40:37,239 --> 00:40:41,360
Speaker 15: taking equity stakes, so investing in new permit areas to

864
00:40:41,480 --> 00:40:45,960
Speaker 15: actually take back some of the risks and appropriately pushed

865
00:40:46,000 --> 00:40:50,000
Speaker 15: onto the sector. And we welcome good, we welcome those suggestions.

866
00:40:50,120 --> 00:40:53,960
Speaker 2: Good having the program as always, John Carnegie, the ee

867
00:40:54,400 --> 00:40:56,600
Speaker 2: C A. I'll come back to the next half hour

868
00:40:56,640 --> 00:40:58,680
Speaker 2: if I get time. It's seven twenty.

869
00:41:00,280 --> 00:41:04,920
Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio, how

870
00:41:05,000 --> 00:41:06,360
Speaker 1: It by News Talk Sep.

871
00:41:08,400 --> 00:41:10,800
Speaker 2: Right. As a business leader, you understand how important the

872
00:41:10,840 --> 00:41:12,400
Speaker 2: old AI is going to be for the future of

873
00:41:12,440 --> 00:41:15,160
Speaker 2: your business success. And like many business ps, not clear

874
00:41:15,840 --> 00:41:18,080
Speaker 2: just how AI can or should be applied in your

875
00:41:18,080 --> 00:41:20,960
Speaker 2: business process. This is where the old one net experts

876
00:41:20,960 --> 00:41:23,360
Speaker 2: can help because they've got as sister company called Grizzly AI,

877
00:41:24,080 --> 00:41:26,160
Speaker 2: and they've gone and built a safe and secure path

878
00:41:26,160 --> 00:41:28,960
Speaker 2: for risk adverst businesses to access the generative AI. Now

879
00:41:29,000 --> 00:41:33,440
Speaker 2: Grizzly AI software. It means you can transport workflows in

880
00:41:33,480 --> 00:41:39,000
Speaker 2: your operations and lowering costs and improving quality and increasing speed.

881
00:41:39,239 --> 00:41:41,120
Speaker 2: So basically, if you need to make a profit, one

882
00:41:41,120 --> 00:41:42,879
Speaker 2: net dot co dot inzet is where you go one

883
00:41:42,880 --> 00:41:46,440
Speaker 2: net dot co dot inzet request a complementary consultation to

884
00:41:46,480 --> 00:41:49,840
Speaker 2: assess how your business can benefit from AI and powered workflows.

885
00:41:49,840 --> 00:41:51,360
Speaker 2: In other words, you've got a lot of questions. Everyone's

886
00:41:51,360 --> 00:41:53,480
Speaker 2: got a lot of questions around AI. They've got the answers.

887
00:41:53,800 --> 00:41:56,120
Speaker 2: One net, dot co dot inzet it is one net,

888
00:41:56,280 --> 00:42:00,000
Speaker 2: It's grizzly AI. They are helping you to succeed in business.

889
00:42:01,160 --> 00:42:03,680
Speaker 2: Oscuido sevent twenty four turns out, despite all that's been

890
00:42:03,719 --> 00:42:06,520
Speaker 2: said about Wellington and is now infamous implosion led by

891
00:42:06,600 --> 00:42:10,239
Speaker 2: the inexplicably incompetent cencumbent, the Labour Party has had to

892
00:42:10,280 --> 00:42:12,920
Speaker 2: extend the nomination process for the local body elections, if

893
00:42:12,960 --> 00:42:15,239
Speaker 2: you can believe it, because they can't find anybody who

894
00:42:15,239 --> 00:42:17,719
Speaker 2: wants to stand for mayor. So several questions I would

895
00:42:17,719 --> 00:42:20,080
Speaker 2: have thought come out of this one. This, by the way,

896
00:42:20,120 --> 00:42:22,959
Speaker 2: does not mean an independent or a more conservative leaning

897
00:42:23,000 --> 00:42:25,800
Speaker 2: candidate can't be found and won't come forward and potentially

898
00:42:25,800 --> 00:42:28,000
Speaker 2: sweep the whole field. But as far as the left

899
00:42:28,000 --> 00:42:31,560
Speaker 2: are concerned, can we ask these questions, is the lack

900
00:42:31,600 --> 00:42:34,120
Speaker 2: of a candidate from Labor assigned that local body politics

901
00:42:34,200 --> 00:42:37,160
Speaker 2: is so doer so distasteful no one in their right

902
00:42:37,200 --> 00:42:40,560
Speaker 2: mind can be bothered? Or does it say something about

903
00:42:40,600 --> 00:42:42,840
Speaker 2: Labour and its brand? In other words, the stench of

904
00:42:42,840 --> 00:42:45,160
Speaker 2: twenty twenty three nationally is still so bad no one

905
00:42:45,200 --> 00:42:47,080
Speaker 2: in their right mind wants to have a red banner

906
00:42:47,080 --> 00:42:50,240
Speaker 2: saying Labour candidate, because no matter what they argue around

907
00:42:50,239 --> 00:42:52,879
Speaker 2: local issues, they will be inextricably linked to Central Labor

908
00:42:52,920 --> 00:42:56,560
Speaker 2: at Parliament. Does Chris Hipkins actually already know this? Hence

909
00:42:56,640 --> 00:42:59,279
Speaker 2: is offer yesterday to back an independent? Or if you

910
00:42:59,320 --> 00:43:01,680
Speaker 2: are an independent, would you want the Hipkins backing at all?

911
00:43:01,920 --> 00:43:05,680
Speaker 2: Or could you argue the Green vote is so popular

912
00:43:05,719 --> 00:43:09,120
Speaker 2: in the capitol Tory Farner is actually hot stuff and

913
00:43:09,160 --> 00:43:12,399
Speaker 2: she is such a potential political force that no one

914
00:43:12,440 --> 00:43:15,520
Speaker 2: from the left can overcome that sort of brilliance, Or

915
00:43:16,280 --> 00:43:19,440
Speaker 2: can you argue Tory has a fantastic cheek in even

916
00:43:19,600 --> 00:43:23,040
Speaker 2: trying it on bystanding given that Wellington has become famous

917
00:43:23,280 --> 00:43:25,759
Speaker 2: for its shier shambles and she has been the head

918
00:43:25,760 --> 00:43:30,439
Speaker 2: deliverer of that shambles, or is that reputation really only

919
00:43:30,480 --> 00:43:33,840
Speaker 2: outside Wellington? And enough people inside Wellington think Wellington is

920
00:43:33,880 --> 00:43:36,279
Speaker 2: a rock star city and they can't, for the life

921
00:43:36,280 --> 00:43:37,839
Speaker 2: of them work out what the rest of us are

922
00:43:37,880 --> 00:43:41,319
Speaker 2: on about. But a simple question from an observer in

923
00:43:41,360 --> 00:43:44,880
Speaker 2: another place, grateful that this isn't his day to day reality,

924
00:43:45,280 --> 00:43:48,279
Speaker 2: how is it possible you can do what's being done

925
00:43:48,280 --> 00:43:51,760
Speaker 2: to the place and there isn't a queue left, right

926
00:43:51,920 --> 00:43:54,560
Speaker 2: and seenter lining up to put it right? How can

927
00:43:54,600 --> 00:43:57,560
Speaker 2: you watch that and not want to do something about

928
00:43:57,560 --> 00:44:01,960
Speaker 2: fixing it? Asking text and story. So the news or

929
00:44:02,000 --> 00:44:04,160
Speaker 2: development of this morning is Tony Gibson, who is the

930
00:44:04,200 --> 00:44:06,960
Speaker 2: former CEO of the Port of Auckland, and he was

931
00:44:07,000 --> 00:44:09,359
Speaker 2: found guilty and has been fired one hundred and thirty

932
00:44:09,360 --> 00:44:11,839
Speaker 2: thousand dollars and sixty thousand dollars in costs. The news

933
00:44:11,840 --> 00:44:13,400
Speaker 2: this morning is he is appealing it. This is the

934
00:44:13,440 --> 00:44:16,120
Speaker 2: death of the worker at the port. My concern about this,

935
00:44:16,160 --> 00:44:17,880
Speaker 2: and the person was suggesting on the text that they

936
00:44:17,920 --> 00:44:20,200
Speaker 2: double the fine and people died, et cetera. I get

937
00:44:20,200 --> 00:44:21,719
Speaker 2: all of that, fully understand it. And this is the

938
00:44:21,760 --> 00:44:24,080
Speaker 2: difficulty in talking about cases like this, because you're dealing

939
00:44:24,120 --> 00:44:26,759
Speaker 2: with the death and a tragedy, and in talking about it,

940
00:44:26,800 --> 00:44:31,240
Speaker 2: that does not take away the tragedic nature of the circumstances,

941
00:44:32,239 --> 00:44:34,520
Speaker 2: other than to say, you've got to be very very

942
00:44:34,520 --> 00:44:37,399
Speaker 2: careful in law when you're looking to get somebody, because

943
00:44:37,440 --> 00:44:41,680
Speaker 2: if you look administratively speaking at the gap between the

944
00:44:41,680 --> 00:44:45,200
Speaker 2: person on the floor the factory floor, of the port floor,

945
00:44:45,200 --> 00:44:47,080
Speaker 2: whatever the case may be, and the person in the

946
00:44:47,080 --> 00:44:50,760
Speaker 2: corner office, there's a lot of people in between. So ultimately,

947
00:44:50,840 --> 00:44:52,359
Speaker 2: of course the buck stops at the top. We get

948
00:44:52,360 --> 00:44:54,400
Speaker 2: all that, We understand that, and we I think broadly

949
00:44:54,440 --> 00:44:58,120
Speaker 2: accept that, but do they get found guilty criminally? And

950
00:44:58,160 --> 00:45:00,239
Speaker 2: what happened to all the people in the middle? And

951
00:45:00,520 --> 00:45:03,920
Speaker 2: we just is it a bit sledgehammery this particular law

952
00:45:03,960 --> 00:45:06,799
Speaker 2: hence the appeal and so there's precedent's being set on

953
00:45:06,840 --> 00:45:08,759
Speaker 2: this and this is why we need to be, in

954
00:45:08,840 --> 00:45:12,680
Speaker 2: my humble opinion, very very careful. Stand by off to India.

955
00:45:12,760 --> 00:45:13,879
Speaker 2: Christopher Luxen is.

956
00:45:13,840 --> 00:45:18,760
Speaker 1: Next Zarni's New Zealand's home for trusted news and views,

957
00:45:19,040 --> 00:45:23,040
Speaker 1: the mic Hosking Breakfast with the range Rover Villa designed

958
00:45:23,280 --> 00:45:24,720
Speaker 1: to intrigue and news togs.

959
00:45:24,719 --> 00:45:29,120
Speaker 2: There'd be Greg Jolins, expat New Zealander in Britain these days.

960
00:45:29,160 --> 00:45:31,960
Speaker 2: A song and a chat. He's into film music and

961
00:45:32,280 --> 00:45:34,080
Speaker 2: his own music as it turns out, So a song

962
00:45:34,160 --> 00:45:36,080
Speaker 2: in a chat with Blair after eight lean time and

963
00:45:36,160 --> 00:45:38,640
Speaker 2: twenty three minutes away from make modi other night. How

964
00:45:38,680 --> 00:45:42,160
Speaker 2: the ViBe's going? Did it go well? The Prime Minister

965
00:45:42,239 --> 00:45:44,720
Speaker 2: on a trade mission? Of course, of some note, Christopher

966
00:45:44,760 --> 00:45:46,080
Speaker 2: Luckson is with us from India.

967
00:45:46,120 --> 00:45:47,319
Speaker 7: Good morning, morning, Mike.

968
00:45:47,560 --> 00:45:50,480
Speaker 2: The meeting with Mody on a scale of one to ten, ten,

969
00:45:50,560 --> 00:45:52,719
Speaker 2: it was a love first one. You can't stand each other.

970
00:45:52,719 --> 00:45:53,440
Speaker 2: What's your number?

971
00:45:54,880 --> 00:45:57,520
Speaker 7: That's pretty much a ten. We get on very well.

972
00:45:57,719 --> 00:46:00,239
Speaker 20: It's a good personal chemistry and good relationship there. He's

973
00:46:00,239 --> 00:46:03,120
Speaker 20: got a good sense of humor and we connected very

974
00:46:03,120 --> 00:46:04,840
Speaker 20: well in Laos and that actually is what led to

975
00:46:04,880 --> 00:46:08,040
Speaker 20: the state visit and then obviously we've accelerated things from there.

976
00:46:08,080 --> 00:46:10,560
Speaker 20: But you know, he approaches things in a similar way

977
00:46:10,560 --> 00:46:13,080
Speaker 20: that I think about things around delivery results. How you

978
00:46:13,120 --> 00:46:15,920
Speaker 20: get delivery out of a team in your public service.

979
00:46:15,920 --> 00:46:17,520
Speaker 20: So no, we connect really well, really well.

980
00:46:17,680 --> 00:46:20,720
Speaker 2: How much time was spent on the FTA specifically.

981
00:46:21,960 --> 00:46:23,759
Speaker 20: Well, there's been a lot of time leading up until

982
00:46:23,800 --> 00:46:25,759
Speaker 20: the announcement that I know Todd talked to you the

983
00:46:25,800 --> 00:46:28,600
Speaker 20: other day about. But from our point of view, inside

984
00:46:28,600 --> 00:46:30,840
Speaker 20: the actual meetings that we had, it was, you know,

985
00:46:30,880 --> 00:46:31,799
Speaker 20: we talked about it.

986
00:46:31,840 --> 00:46:32,600
Speaker 7: We know what we want to do.

987
00:46:32,680 --> 00:46:34,520
Speaker 20: We both said to our trade ministers we wanted to

988
00:46:34,520 --> 00:46:37,560
Speaker 20: move as quickly as possible, and we said that in

989
00:46:37,560 --> 00:46:39,719
Speaker 20: front of our respective delegations, just to make sure that

990
00:46:39,760 --> 00:46:43,200
Speaker 20: the systems understood that we're expecting a response to be worked.

991
00:46:43,000 --> 00:46:43,800
Speaker 7: Through pretty quickly.

992
00:46:44,280 --> 00:46:47,040
Speaker 20: So but you know, there was also conversations around the

993
00:46:47,040 --> 00:46:49,239
Speaker 20: broader you know, defense, we've got we've got a big

994
00:46:49,280 --> 00:46:51,040
Speaker 20: step up happening in defense and security.

995
00:46:51,080 --> 00:46:52,880
Speaker 7: We should be doing more work with India.

996
00:46:53,200 --> 00:46:56,360
Speaker 20: We're actually leading a maritime force at the moment with

997
00:46:56,400 --> 00:46:58,920
Speaker 20: India as our deputy and we've obviously got Ta Kaha

998
00:46:58,960 --> 00:47:01,640
Speaker 20: coming into Mumbail on the week as well. So you know,

999
00:47:01,640 --> 00:47:04,280
Speaker 20: we talked about the defense aspects, we talked about certainly

1000
00:47:04,560 --> 00:47:07,239
Speaker 20: you know, the commerce and economic aspects, but also there's

1001
00:47:07,280 --> 00:47:09,080
Speaker 20: a lot of people to people connection stuff, which is

1002
00:47:09,120 --> 00:47:11,799
Speaker 20: really important. They're very interested in. One of the things

1003
00:47:11,800 --> 00:47:13,640
Speaker 20: we talked a lot about was actually sports. I mean,

1004
00:47:13,680 --> 00:47:15,360
Speaker 20: they want to make a pitch for the Olympics in

1005
00:47:15,400 --> 00:47:18,680
Speaker 20: twenty thirty six. They noticed that we performed really well

1006
00:47:18,880 --> 00:47:20,839
Speaker 20: through the Olympics on a per head basis, and they're

1007
00:47:20,880 --> 00:47:23,480
Speaker 20: interested in all of those sorts of things so as well.

1008
00:47:23,520 --> 00:47:25,680
Speaker 20: So there's quite a lot in the people to people space.

1009
00:47:26,000 --> 00:47:29,200
Speaker 2: How much actual business will be done this week from

1010
00:47:29,200 --> 00:47:30,360
Speaker 2: the delegation.

1011
00:47:31,680 --> 00:47:34,040
Speaker 20: Well, that's quite a bit going on. We've actually we've

1012
00:47:34,080 --> 00:47:37,320
Speaker 20: just completed one day out of four. We've got another

1013
00:47:37,360 --> 00:47:38,839
Speaker 20: day here in New Delhi and then we do move

1014
00:47:38,880 --> 00:47:40,880
Speaker 20: to a much more business orientation in the last two

1015
00:47:40,960 --> 00:47:43,840
Speaker 20: days in Mumbai, which is obviously the commercial capital of India.

1016
00:47:44,560 --> 00:47:47,200
Speaker 20: But you know, I think the getting that you know,

1017
00:47:47,280 --> 00:47:49,560
Speaker 20: really economic breakthrough, I think and being able to kick

1018
00:47:49,600 --> 00:47:54,200
Speaker 20: off the FTA negotiations is really important. I mean this

1019
00:47:54,280 --> 00:47:56,680
Speaker 20: morning as I check in with the delegations each morning

1020
00:47:56,800 --> 00:47:58,840
Speaker 20: and get them to do a round table, and I

1021
00:47:58,880 --> 00:48:01,400
Speaker 20: was just talking to you know, Pan Pacific, and they

1022
00:48:01,400 --> 00:48:04,000
Speaker 20: were talking about their wood products that are sold into India. Well,

1023
00:48:04,040 --> 00:48:07,239
Speaker 20: they experience a five to ten percent tariff typically that

1024
00:48:07,280 --> 00:48:08,800
Speaker 20: they don't experience out of Australia.

1025
00:48:09,560 --> 00:48:11,520
Speaker 7: Wine. You know, there's a whole bunch.

1026
00:48:11,400 --> 00:48:14,640
Speaker 20: Of products, you know, apples that actually have huge tariffs

1027
00:48:14,640 --> 00:48:16,560
Speaker 20: attached with them and the Australians don't have it.

1028
00:48:16,600 --> 00:48:18,319
Speaker 7: So you know, we know we've got work to do.

1029
00:48:18,600 --> 00:48:21,239
Speaker 20: There'll be some sensitive issues on both sides, but you know,

1030
00:48:21,320 --> 00:48:24,080
Speaker 20: I'm very comfortable with the relationship we're built that we

1031
00:48:24,080 --> 00:48:25,960
Speaker 20: can work them through quite practically.

1032
00:48:25,960 --> 00:48:28,560
Speaker 2: Where where does dairy sit or where will it sit?

1033
00:48:28,800 --> 00:48:31,280
Speaker 2: Or how do you handle it? Well?

1034
00:48:31,400 --> 00:48:33,560
Speaker 7: What we what we don't do is say we're going.

1035
00:48:33,480 --> 00:48:36,279
Speaker 20: To walk away, because that will be a hard conversation

1036
00:48:36,680 --> 00:48:39,200
Speaker 20: and I get that there's sensitivity on the Indian side.

1037
00:48:39,400 --> 00:48:41,240
Speaker 20: To give you a feel for it, Mike, about forty

1038
00:48:41,239 --> 00:48:44,760
Speaker 20: five percent of Indians are engaged in agriculture and about

1039
00:48:44,840 --> 00:48:48,440
Speaker 20: it's about fifteen percent of their actual GDP, so it's

1040
00:48:48,480 --> 00:48:51,080
Speaker 20: a it's a very sensitive political issue.

1041
00:48:51,080 --> 00:48:51,239
Speaker 17: Now.

1042
00:48:51,239 --> 00:48:54,080
Speaker 20: Having said that, we want to make sure that we

1043
00:48:54,160 --> 00:48:56,440
Speaker 20: do everything we can to advance dairy with India. We're

1044
00:48:56,480 --> 00:48:57,960
Speaker 20: not going to give up and have a mentality to

1045
00:48:57,960 --> 00:49:00,920
Speaker 20: say we can't even try, and that's been part of

1046
00:49:00,920 --> 00:49:03,319
Speaker 20: the conversation leading into the kickoff of these They haven't

1047
00:49:03,400 --> 00:49:04,000
Speaker 20: ruled that out.

1048
00:49:04,640 --> 00:49:06,799
Speaker 7: We haven't ruled it out, and we know.

1049
00:49:06,800 --> 00:49:09,279
Speaker 20: That'll be difficult, but you know, we're determined to try

1050
00:49:09,280 --> 00:49:10,640
Speaker 20: and find a way through it and do the very

1051
00:49:10,719 --> 00:49:12,080
Speaker 20: very best we can from New Zealand.

1052
00:49:12,200 --> 00:49:14,080
Speaker 2: Is it possible it's a slow burn, so you could

1053
00:49:14,120 --> 00:49:16,480
Speaker 2: do some sort of deal with dairy coming in later.

1054
00:49:16,760 --> 00:49:18,839
Speaker 2: Is that the sort of scenario you look at.

1055
00:49:20,040 --> 00:49:23,080
Speaker 20: Well, there's all sorts of options, but for us right now,

1056
00:49:23,120 --> 00:49:24,920
Speaker 20: I do actually want to push on and do the

1057
00:49:25,080 --> 00:49:26,960
Speaker 20: very very best that we can do, and I want

1058
00:49:26,960 --> 00:49:29,280
Speaker 20: to make sure that we get the best deal compared

1059
00:49:29,280 --> 00:49:32,600
Speaker 20: to any other country around dairy and we.

1060
00:49:32,520 --> 00:49:34,040
Speaker 7: Protect ourselves in that negotiation.

1061
00:49:34,120 --> 00:49:35,799
Speaker 20: So I'm sure there's lots of ways we can play that,

1062
00:49:36,160 --> 00:49:38,160
Speaker 20: and there'll be some other asks from the Indian side

1063
00:49:38,160 --> 00:49:40,319
Speaker 20: I suspect as well, and other things that will come

1064
00:49:40,360 --> 00:49:42,239
Speaker 20: up from our side. But you know, the key thing

1065
00:49:42,280 --> 00:49:43,680
Speaker 20: is I want to push on now and get this

1066
00:49:43,719 --> 00:49:45,279
Speaker 20: thing resolved and done.

1067
00:49:45,480 --> 00:49:50,439
Speaker 7: What's the timeline on it, Well, I mean promise to Moodion.

1068
00:49:50,480 --> 00:49:52,680
Speaker 20: I didn't put a timeframe on it, but suffice to say,

1069
00:49:52,719 --> 00:49:54,520
Speaker 20: we made it very clear that we're expecting to make

1070
00:49:54,560 --> 00:49:56,439
Speaker 20: good progress on it through the course of this year.

1071
00:49:57,320 --> 00:50:00,719
Speaker 20: And yeah, I think actually frankly, given some of the

1072
00:50:00,719 --> 00:50:03,920
Speaker 20: work and conversations that have already happened, and given the.

1073
00:50:03,600 --> 00:50:05,640
Speaker 7: Relationships that we've got at the top, top level.

1074
00:50:05,920 --> 00:50:07,920
Speaker 20: There's no reason why we shouldn't have an expectation we

1075
00:50:07,920 --> 00:50:09,520
Speaker 20: should be able to try and push really hard to

1076
00:50:09,520 --> 00:50:10,839
Speaker 20: try and do as much of it as we can

1077
00:50:10,880 --> 00:50:13,279
Speaker 20: this year. But you know, you never can put a

1078
00:50:13,280 --> 00:50:16,520
Speaker 20: timeline on it. We will negotiate hard, they will negotiate hard.

1079
00:50:17,239 --> 00:50:19,080
Speaker 20: I've done a lot of business in India here and

1080
00:50:19,200 --> 00:50:21,200
Speaker 20: my past life, and I can tell you they are

1081
00:50:20,960 --> 00:50:25,360
Speaker 20: the most some pretty brutal negotiations. But it's really important

1082
00:50:25,400 --> 00:50:27,480
Speaker 20: that we do the very best we can. We secure

1083
00:50:27,480 --> 00:50:29,000
Speaker 20: the best outcome we can. So it will take as

1084
00:50:29,040 --> 00:50:31,000
Speaker 20: long as it takes. But you know, to be honest,

1085
00:50:31,000 --> 00:50:33,040
Speaker 20: today and our bilaterals, we were making it pretty clear

1086
00:50:33,080 --> 00:50:35,440
Speaker 20: to our teams on all sides that we wanted to

1087
00:50:35,440 --> 00:50:37,640
Speaker 20: get on with it. And that's really helpful in a big,

1088
00:50:37,760 --> 00:50:42,279
Speaker 20: large Indian system that's got to negotiate agreements with the US. Now,

1089
00:50:42,960 --> 00:50:44,479
Speaker 20: you know, we want to make sure the system knows

1090
00:50:44,520 --> 00:50:46,640
Speaker 20: that actually this is a priority for both prime ministers

1091
00:50:46,640 --> 00:50:47,520
Speaker 20: and let's get onto it.

1092
00:50:47,600 --> 00:50:50,399
Speaker 2: Having said that, issul Vandeline you said they have it done.

1093
00:50:50,440 --> 00:50:52,840
Speaker 2: She thought by the end of the year, shouldn't we

1094
00:50:52,920 --> 00:50:55,319
Speaker 2: be aiming for that in that sense and states that

1095
00:50:55,400 --> 00:50:56,600
Speaker 2: and being a bit bold about it.

1096
00:50:57,600 --> 00:51:02,040
Speaker 20: Yes, that's my expectation privately, and I think that would

1097
00:51:02,040 --> 00:51:03,560
Speaker 20: be promise to motives and we might even try and

1098
00:51:03,560 --> 00:51:05,239
Speaker 20: push even harder. But you know, we will push as

1099
00:51:05,280 --> 00:51:08,239
Speaker 20: hard as we can to say, stay focused. We know

1100
00:51:09,480 --> 00:51:10,960
Speaker 20: you know what the lay of the land looks like,

1101
00:51:11,000 --> 00:51:13,080
Speaker 20: given the work that we've put into before we even

1102
00:51:13,080 --> 00:51:16,960
Speaker 20: committed to launching these negotiations, so you know, we know where.

1103
00:51:16,760 --> 00:51:17,800
Speaker 7: The issues will be difficult.

1104
00:51:17,800 --> 00:51:20,840
Speaker 20: But actually it's about a mentality, Frankly, Mike, which is

1105
00:51:20,840 --> 00:51:22,760
Speaker 20: that you know, this is a country, you know, Zely

1106
00:51:22,760 --> 00:51:24,440
Speaker 20: needs to grow and then you get money into people's

1107
00:51:24,440 --> 00:51:26,800
Speaker 20: back pockets and when you actually have you know, we

1108
00:51:27,200 --> 00:51:29,279
Speaker 20: think in the six year period under previous minstratum we

1109
00:51:29,360 --> 00:51:31,920
Speaker 20: declined like seventeen percent with two way trade with India.

1110
00:51:32,080 --> 00:51:34,440
Speaker 20: You know it's two or three it's three billion dollars. Now,

1111
00:51:34,640 --> 00:51:36,719
Speaker 20: it's hardly anything in the scheme of the country, the

1112
00:51:36,719 --> 00:51:38,480
Speaker 20: size that it is, with the wealth that it has.

1113
00:51:38,800 --> 00:51:41,240
Speaker 20: It's our twelfth biggest partner, it's one point five percent

1114
00:51:41,239 --> 00:51:43,440
Speaker 20: of our exports and deserves to be much bigger than that.

1115
00:51:43,480 --> 00:51:46,400
Speaker 20: And we have to try and so but I can.

1116
00:51:46,239 --> 00:51:48,440
Speaker 7: Tell you, like we've got a great delegation.

1117
00:51:48,040 --> 00:51:51,080
Speaker 20: With us, and even tonight we've had a fantastic function

1118
00:51:51,160 --> 00:51:54,440
Speaker 20: with them, just hearing some of the excitement that they've got,

1119
00:51:54,520 --> 00:51:56,400
Speaker 20: and whether it's in the services, whether it's in the

1120
00:51:56,440 --> 00:51:59,160
Speaker 20: sports world, where it's in the education world, even the

1121
00:51:59,200 --> 00:52:01,200
Speaker 20: primary industry is you know, we've got a lot of

1122
00:52:01,280 --> 00:52:04,040
Speaker 20: value added products and services that are unavailable here in

1123
00:52:04,080 --> 00:52:06,200
Speaker 20: this market. So I think there's lots of ways to

1124
00:52:06,200 --> 00:52:06,880
Speaker 20: skin this cat.

1125
00:52:07,040 --> 00:52:09,239
Speaker 2: Explain and you would be an expert in this area

1126
00:52:09,239 --> 00:52:11,799
Speaker 2: from a previous life. Explain to me. Given the immigration flow,

1127
00:52:12,160 --> 00:52:14,840
Speaker 2: particularly from India to New Zealand, why is it that

1128
00:52:14,920 --> 00:52:17,040
Speaker 2: air New Zealand doesn't go direct? Why can't I go

1129
00:52:17,080 --> 00:52:20,160
Speaker 2: from Auckland to Delhi, Orgland, tom By, Auckland anywhere in India.

1130
00:52:21,120 --> 00:52:24,320
Speaker 20: Yeah, well, I'm pushing all the airlines really hard because

1131
00:52:24,520 --> 00:52:26,440
Speaker 20: I actually think you're right. I think we're are at

1132
00:52:26,480 --> 00:52:30,000
Speaker 20: a point where actually I haven't seen recent analysis. I

1133
00:52:30,000 --> 00:52:32,759
Speaker 20: looked at it maybe ten years ago, and I think,

1134
00:52:32,800 --> 00:52:35,759
Speaker 20: you know, the growth in the numbers of international tourists,

1135
00:52:35,800 --> 00:52:38,640
Speaker 20: international students membering every student brings in three or four

1136
00:52:39,239 --> 00:52:42,439
Speaker 20: other visitors in a given year there's a really good

1137
00:52:42,480 --> 00:52:44,560
Speaker 20: case to say there must be demands starting to build

1138
00:52:44,600 --> 00:52:47,120
Speaker 20: from at least New Delhi or Mumbai into Auckland directly.

1139
00:52:47,600 --> 00:52:50,560
Speaker 20: So I know area lines on both sides are actually

1140
00:52:50,640 --> 00:52:52,239
Speaker 20: very keen to try and see where they can work

1141
00:52:52,280 --> 00:52:54,960
Speaker 20: together to make that happen. But the major issue, to

1142
00:52:54,960 --> 00:52:57,120
Speaker 20: be honest, Mike, is actually demand. And you've got to

1143
00:52:57,120 --> 00:52:59,720
Speaker 20: make sure that you know, when you've got capital deployed

1144
00:52:59,760 --> 00:53:02,040
Speaker 20: with two big aircraft doing a daily service, you've got

1145
00:53:02,040 --> 00:53:05,680
Speaker 20: to cover costs. It's expensive, but equally you've got to

1146
00:53:05,719 --> 00:53:07,719
Speaker 20: have confidence to go grow this market. And this is

1147
00:53:07,719 --> 00:53:10,560
Speaker 20: a market where the middle classes are just growing at

1148
00:53:10,640 --> 00:53:13,360
Speaker 20: such a rate. I mean, Mody said to me tonight

1149
00:53:13,360 --> 00:53:15,920
Speaker 20: over dinner, he said, they need two thousand more aircraft.

1150
00:53:16,320 --> 00:53:18,960
Speaker 20: They started with seventy airports, they have one hundred and

1151
00:53:19,000 --> 00:53:20,520
Speaker 20: fifty and they're heading to two hundred and fifty in

1152
00:53:20,520 --> 00:53:21,760
Speaker 20: the next three or four years.

1153
00:53:22,080 --> 00:53:24,040
Speaker 7: So you know, as people are, but you know.

1154
00:53:23,960 --> 00:53:26,239
Speaker 20: Two hundred and fifty million people have been lifted out

1155
00:53:26,239 --> 00:53:28,680
Speaker 20: of poverty and as they go into the middle class,

1156
00:53:28,719 --> 00:53:30,600
Speaker 20: you know they're saving money for retirement, they want to

1157
00:53:30,640 --> 00:53:32,800
Speaker 20: go traveling, they want to make sure they invest in

1158
00:53:32,800 --> 00:53:35,040
Speaker 20: their kids' education, and so you know, we've got to

1159
00:53:35,040 --> 00:53:36,719
Speaker 20: get our share of that money. And that's why I think,

1160
00:53:36,800 --> 00:53:39,360
Speaker 20: you know, the time is right to revisit air routes

1161
00:53:39,400 --> 00:53:40,560
Speaker 20: and direct services as well.

1162
00:53:40,719 --> 00:53:42,120
Speaker 2: While I've got you and we had Peter's on the

1163
00:53:42,160 --> 00:53:44,719
Speaker 2: program yesterday, what's your expectation of the Peter's Ruby are

1164
00:53:44,760 --> 00:53:45,440
Speaker 2: meeting tomorrow.

1165
00:53:46,840 --> 00:53:49,399
Speaker 20: Well, it's just really making sure that we've got good

1166
00:53:49,440 --> 00:53:51,800
Speaker 20: connectivity into the administration. I think, as I'd said to

1167
00:53:51,840 --> 00:53:54,040
Speaker 20: you before, you know, President Trump and I've had a

1168
00:53:54,080 --> 00:53:59,400
Speaker 20: good connection Severrety Rubio and Peters have actually I already

1169
00:53:59,400 --> 00:54:02,160
Speaker 20: had a conversation and person. Now it's about putting that

1170
00:54:02,400 --> 00:54:05,680
Speaker 20: relationship together. And obviously Judith Collins has had a good

1171
00:54:05,719 --> 00:54:08,240
Speaker 20: relationship with Peter Higseth in a good.

1172
00:54:08,000 --> 00:54:08,720
Speaker 7: Call as well.

1173
00:54:08,760 --> 00:54:11,400
Speaker 20: So really we've set up as said system last year,

1174
00:54:11,400 --> 00:54:13,520
Speaker 20: if you remember where we said, we want the Secretary

1175
00:54:13,520 --> 00:54:15,840
Speaker 20: of State and the Foreign Minister have a formal meeting

1176
00:54:15,840 --> 00:54:17,960
Speaker 20: at least once a year, and it just means that

1177
00:54:18,000 --> 00:54:20,560
Speaker 20: we cannot go into a period of time like we

1178
00:54:20,680 --> 00:54:23,600
Speaker 20: previously experienced where there wasn't a lot of deep connectivity

1179
00:54:23,640 --> 00:54:26,319
Speaker 20: at the top to top level. And so really it's

1180
00:54:26,360 --> 00:54:28,840
Speaker 20: a good chance for those two to build a good relationship,

1181
00:54:28,880 --> 00:54:30,959
Speaker 20: talk about some issues in the region and obviously around

1182
00:54:30,960 --> 00:54:31,320
Speaker 20: the world.

1183
00:54:31,360 --> 00:54:32,759
Speaker 2: All right, go well for the rest of the week.

1184
00:54:32,760 --> 00:54:35,160
Speaker 2: Appreciate a Prime Minister. Christopher Luxon out of India this

1185
00:54:35,239 --> 00:54:36,200
Speaker 2: morning fourteen to.

1186
00:54:36,200 --> 00:54:40,680
Speaker 1: Eight cool The Vike Asking Breakfast Full Show podcast on

1187
00:54:40,880 --> 00:54:43,320
Speaker 1: iHeartRadio powered by the News talks.

1188
00:54:43,040 --> 00:54:46,600
Speaker 2: At be great interview with lux and Mike Hu's honor's game.

1189
00:54:46,640 --> 00:54:48,760
Speaker 2: We're lucky to have a prime minister's driving New Zealand

1190
00:54:48,840 --> 00:54:52,480
Speaker 2: on the global stage with an agenda of growth. Next text,

1191
00:54:52,520 --> 00:54:54,440
Speaker 2: What a load of rubbish all that was? So you

1192
00:54:54,440 --> 00:54:57,120
Speaker 2: can't please everybody all the time? Can you? Mike Luxon

1193
00:54:57,200 --> 00:55:00,000
Speaker 2: just instills confidence in what he's saying and doing. Good

1194
00:55:00,120 --> 00:55:03,080
Speaker 2: on Luxe and via durn Peters Vima who to no comparison?

1195
00:55:03,120 --> 00:55:03,279
Speaker 8: Mike.

1196
00:55:03,280 --> 00:55:05,960
Speaker 2: Can you imagine a dern being across all those topics

1197
00:55:06,000 --> 00:55:08,160
Speaker 2: he covered with the Prime minister? I don't think so,

1198
00:55:08,520 --> 00:55:10,799
Speaker 2: Thank you, Chris, Mike, good interview. Imagine that if you

1199
00:55:10,800 --> 00:55:12,680
Speaker 2: put all those questions to adourn or Hipkins, how do

1200
00:55:12,719 --> 00:55:15,400
Speaker 2: you think that interview would have gone? Christopher Luxon sounding

1201
00:55:15,440 --> 00:55:17,120
Speaker 2: like a very confident prime minister. This is where he

1202
00:55:17,160 --> 00:55:20,240
Speaker 2: excels so much more confidence in his voice this morning

1203
00:55:20,280 --> 00:55:23,440
Speaker 2: compared with his usual Tuesday Luxean's best in India. This

1204
00:55:24,000 --> 00:55:26,040
Speaker 2: is the stuff he really gets. Yeah, I think it's

1205
00:55:26,080 --> 00:55:29,160
Speaker 2: a happy place to be honest with you. Back to

1206
00:55:29,719 --> 00:55:32,040
Speaker 2: John Carnegie, who was on the program earlier on this morning.

1207
00:55:32,120 --> 00:55:36,400
Speaker 2: He's part of the EECA, the Energy Efficiency and Conservation Authority.

1208
00:55:36,440 --> 00:55:39,879
Speaker 2: Now he's there at the request of Missus Simeon Brown,

1209
00:55:39,880 --> 00:55:44,560
Speaker 2: who's the new minister. There was some angst last week,

1210
00:55:44,920 --> 00:55:47,719
Speaker 2: driven largely by Radio New Zealand who seemed to fascinate

1211
00:55:47,760 --> 00:55:52,040
Speaker 2: with themselves with this ongoing thing the media does whereby

1212
00:55:52,160 --> 00:55:55,560
Speaker 2: officials give advice to the government and if the officials

1213
00:55:55,600 --> 00:55:58,600
Speaker 2: advice is not followed by the government somehow, that's a story,

1214
00:55:58,640 --> 00:56:02,200
Speaker 2: if not a scandal, assuming of course, that officials one

1215
00:56:02,320 --> 00:56:07,400
Speaker 2: know what they're doing, competent, have institutional knowledge, offer advice

1216
00:56:07,440 --> 00:56:09,759
Speaker 2: that you would even want to follow, or dare I

1217
00:56:09,880 --> 00:56:11,960
Speaker 2: suggest that the politician doesn't have a mind of their

1218
00:56:11,960 --> 00:56:14,239
Speaker 2: own and have an agenda and a plan that they

1219
00:56:14,280 --> 00:56:19,960
Speaker 2: were voted in to enact. So he apparently Carnegie was

1220
00:56:20,040 --> 00:56:25,000
Speaker 2: rejected by the officials managing the recruitment process. In fact,

1221
00:56:25,000 --> 00:56:28,400
Speaker 2: he was rejected twice, first after the initial screening, second

1222
00:56:28,400 --> 00:56:30,600
Speaker 2: time after Brand instructed them to interview him anyway, so

1223
00:56:30,600 --> 00:56:33,440
Speaker 2: they rejected him twice. Now, under normal circumstances, I wouldn't

1224
00:56:33,440 --> 00:56:37,319
Speaker 2: bother with this, but having read the Deloitte's report into

1225
00:56:37,320 --> 00:56:39,520
Speaker 2: health in New Zealand, and having read the Roch Report

1226
00:56:39,640 --> 00:56:43,719
Speaker 2: into the public service in general, I am increasingly concerned

1227
00:56:43,760 --> 00:56:46,200
Speaker 2: about one the quality of the public service and to

1228
00:56:46,239 --> 00:56:50,799
Speaker 2: their political that they're alleged political neutrality. Is it not

1229
00:56:52,080 --> 00:56:56,160
Speaker 2: possible that they looked at this guy because they have

1230
00:56:56,239 --> 00:56:59,960
Speaker 2: a certain agenda And Carnegie's what you would very loosely

1231
00:57:00,320 --> 00:57:03,120
Speaker 2: call you know, well, he's pro power, actually likes to

1232
00:57:03,120 --> 00:57:05,360
Speaker 2: have the lights on, so he's a regular New Zealander,

1233
00:57:05,360 --> 00:57:08,920
Speaker 2: but he's not an idealist or an ideologue in the

1234
00:57:08,960 --> 00:57:13,280
Speaker 2: area of renewables. Is it possible that the officials managing

1235
00:57:13,280 --> 00:57:15,839
Speaker 2: the recruitment process don't like people like him and we're

1236
00:57:15,880 --> 00:57:17,320
Speaker 2: never going to put him through. If it wasn't for

1237
00:57:17,360 --> 00:57:19,720
Speaker 2: Simon Brown, he'd never be anywhere to see They were

1238
00:57:19,720 --> 00:57:22,120
Speaker 2: asked about it in Parliament last week and Simmingon Brown

1239
00:57:22,200 --> 00:57:25,040
Speaker 2: quite rightly said, we don't want everybody with the same

1240
00:57:25,120 --> 00:57:27,400
Speaker 2: view and it's not bad to have somebody with a

1241
00:57:27,440 --> 00:57:29,720
Speaker 2: different view, and what's possibly wrong with that? And if

1242
00:57:29,720 --> 00:57:32,480
Speaker 2: there's nothing wrong with that, which there isn't, why then

1243
00:57:32,600 --> 00:57:34,919
Speaker 2: is a minister rejecting a bit of official advice even

1244
00:57:34,920 --> 00:57:37,200
Speaker 2: a story a ate away from hate?

1245
00:57:37,920 --> 00:57:41,560
Speaker 1: The Mic Hosking Breakfast with Bailey's Real Estate News Dogs

1246
00:57:41,600 --> 00:57:41,880
Speaker 1: Dead be.

1247
00:57:42,040 --> 00:57:44,400
Speaker 2: Bye away from hate. So there's a report out yesterday

1248
00:57:44,400 --> 00:57:46,760
Speaker 2: from the Retirement Commission. Can I ask you this question,

1249
00:57:46,880 --> 00:57:49,320
Speaker 2: is key We saber or bust? I'm not in key

1250
00:57:49,400 --> 00:57:51,200
Speaker 2: que save, It never been in Keyy Saber, but a

1251
00:57:51,200 --> 00:57:54,320
Speaker 2: lot of people are. But for what end or to

1252
00:57:54,400 --> 00:57:57,280
Speaker 2: what end? And the reason I ask this is because

1253
00:57:57,320 --> 00:58:00,280
Speaker 2: the average and I think this is widely and the

1254
00:58:00,320 --> 00:58:03,160
Speaker 2: average amount in KEW savers thirty seven thousand dollars, which

1255
00:58:03,200 --> 00:58:04,920
Speaker 2: isn't enough to retire on. The whole point of keV

1256
00:58:04,960 --> 00:58:07,160
Speaker 2: saver is you have enough to retire on. I can

1257
00:58:07,200 --> 00:58:10,040
Speaker 2: assure you thirty seven thousand dollars isn't enough to retire on.

1258
00:58:10,480 --> 00:58:14,480
Speaker 2: But they broke it down yesterday and showed us what

1259
00:58:14,520 --> 00:58:17,560
Speaker 2: sort of percentage depending on what age group you are. So,

1260
00:58:17,680 --> 00:58:20,000
Speaker 2: for example, thirty six to forty year olds, the average

1261
00:58:20,000 --> 00:58:22,280
Speaker 2: is thirty grand. So you're still young, you're still working,

1262
00:58:22,280 --> 00:58:23,760
Speaker 2: you've still got plenty of times, so not the end

1263
00:58:23,800 --> 00:58:26,720
Speaker 2: of the world. Fifty six to sixty sixty five grand.

1264
00:58:26,920 --> 00:58:28,720
Speaker 2: So in the ensuing twenty years, it hasn't really gone

1265
00:58:28,760 --> 00:58:30,480
Speaker 2: up much, and it certainly hasn't gone up to a

1266
00:58:30,480 --> 00:58:33,160
Speaker 2: point where you're going, oh, well, I'll be set, has it.

1267
00:58:33,560 --> 00:58:36,280
Speaker 2: In fact, there is no number here in any of

1268
00:58:36,280 --> 00:58:39,440
Speaker 2: the age brackets that indicates you would have enough money

1269
00:58:39,440 --> 00:58:42,640
Speaker 2: to comfortably retire in any way, shape or form. So

1270
00:58:42,680 --> 00:58:44,760
Speaker 2: my point is this, are we just a very poor

1271
00:58:44,800 --> 00:58:47,560
Speaker 2: country who has no money no matter what we're saving,

1272
00:58:47,560 --> 00:58:50,320
Speaker 2: and we're never going to get ahead, or do we

1273
00:58:50,400 --> 00:58:52,680
Speaker 2: have our money elsewhere and houses and things like that,

1274
00:58:52,840 --> 00:58:55,040
Speaker 2: and we don't really take qu saver seriously and we've

1275
00:58:55,080 --> 00:58:59,960
Speaker 2: never really put it aside, or the whole thing's way

1276
00:59:00,000 --> 00:59:01,800
Speaker 2: waste of time. The biggest numbers one hundred and seventy

1277
00:59:01,840 --> 00:59:04,720
Speaker 2: four thousand dollars, So that's a decent amount of money.

1278
00:59:04,720 --> 00:59:07,080
Speaker 2: Who's got that? People who are eighty six and over,

1279
00:59:07,600 --> 00:59:10,400
Speaker 2: which you could probably argue you don't need it for

1280
00:59:10,480 --> 00:59:11,000
Speaker 2: that much long?

1281
00:59:11,080 --> 00:59:13,680
Speaker 12: Is it just because Kimi Sava hasn't really been going

1282
00:59:13,720 --> 00:59:14,160
Speaker 12: that long?

1283
00:59:14,920 --> 00:59:16,720
Speaker 2: What twenty years how long you wanted to go for

1284
00:59:16,800 --> 00:59:19,080
Speaker 2: So you think in fifty years and one hundred years

1285
00:59:19,120 --> 00:59:21,800
Speaker 2: it'll be it'll solve itself. I would argue, I would

1286
00:59:21,800 --> 00:59:24,120
Speaker 2: start to and I'm not on a libertarian and I'm

1287
00:59:24,160 --> 00:59:27,040
Speaker 2: not into compulsion in any way, shape or form. But

1288
00:59:27,120 --> 00:59:29,560
Speaker 2: I look at the size of our program, and I

1289
00:59:29,600 --> 00:59:31,680
Speaker 2: look at the size, for example, of the Australians, and

1290
00:59:31,720 --> 00:59:34,160
Speaker 2: I know which one actually I would rather be in.

1291
00:59:34,400 --> 00:59:38,160
Speaker 2: And Singapore did basically the same thing. So ponder that

1292
00:59:38,200 --> 00:59:40,080
Speaker 2: where you and we'll have some music and some chat

1293
00:59:40,160 --> 00:59:42,800
Speaker 2: in a moment with Blair Jolins after the.

1294
00:59:42,800 --> 00:59:47,440
Speaker 1: News, setting me a gender and talking the big issues,

1295
00:59:47,760 --> 00:59:52,040
Speaker 1: the Mike Honking breakfast with Bailey's real estate altogether better

1296
00:59:52,120 --> 00:59:56,000
Speaker 1: across residential, commercial and rural news talks head be he.

1297
00:59:58,360 --> 01:00:02,080
Speaker 2: We have been, so you've been?

1298
01:00:04,520 --> 01:00:05,680
Speaker 4: Is anything wrong?

1299
01:00:06,200 --> 01:00:08,480
Speaker 2: It is seven past eight? Another respect playing the musical

1300
01:00:08,520 --> 01:00:11,280
Speaker 2: play for you. Blared Jollins as a musician sound designer

1301
01:00:11,320 --> 01:00:13,560
Speaker 2: as well. Among other things, he composes and designs the

1302
01:00:13,560 --> 01:00:16,800
Speaker 2: soundtracks for programs like pol Dark, Shackleton, Midas Man, and

1303
01:00:16,920 --> 01:00:20,240
Speaker 2: Alien b Predator. He's also performed and released music under

1304
01:00:20,400 --> 01:00:23,760
Speaker 2: the name El Hula. His fourth album, Little comment has

1305
01:00:23,800 --> 01:00:26,360
Speaker 2: just been released in his own name and Bled Jollins

1306
01:00:26,400 --> 01:00:28,240
Speaker 2: as well. It's very good morning, po Mike. Thanks for

1307
01:00:28,240 --> 01:00:31,120
Speaker 2: having me. Now, the el Hula, how do we explain

1308
01:00:31,160 --> 01:00:34,800
Speaker 2: that what's going on there? El Hula was actually a

1309
01:00:34,920 --> 01:00:38,000
Speaker 2: name of what was my sort of alter ego, so

1310
01:00:38,160 --> 01:00:40,200
Speaker 2: to speak, a little while ago, when I was on

1311
01:00:40,280 --> 01:00:44,120
Speaker 2: Boy George's label and and it was a project, and

1312
01:00:44,480 --> 01:00:47,800
Speaker 2: just recently I revamped it and we did an EP

1313
01:00:48,200 --> 01:00:51,720
Speaker 2: which you were just playing there. Yes, And actually el

1314
01:00:51,840 --> 01:00:54,080
Speaker 2: Hula I was a big well I'm a big fan

1315
01:00:54,120 --> 01:00:56,480
Speaker 2: of Elvis, but at the time I thought, well, when

1316
01:00:56,520 --> 01:00:58,320
Speaker 2: I've got my records on the shelves, I want to

1317
01:00:58,360 --> 01:01:00,680
Speaker 2: be near Alvis. So el Huda was a close and

1318
01:01:00,720 --> 01:01:05,680
Speaker 2: it worked. Actually, that's quite clever. You left how long ago?

1319
01:01:06,520 --> 01:01:09,360
Speaker 2: I left in ninety five. I went to the States

1320
01:01:09,360 --> 01:01:12,240
Speaker 2: for a little while, like busking, and stayed in New

1321
01:01:12,320 --> 01:01:15,840
Speaker 2: Orleans and went around the perimeter twenty six states. I

1322
01:01:15,880 --> 01:01:18,280
Speaker 2: loved it, and then I run out of money, got

1323
01:01:18,320 --> 01:01:21,320
Speaker 2: to the UK and I thought I'll stay here for

1324
01:01:21,320 --> 01:01:24,600
Speaker 2: a year or two, and here we are. And that's

1325
01:01:24,600 --> 01:01:27,800
Speaker 2: the way it goes. The story whereby the sound what

1326
01:01:27,840 --> 01:01:29,360
Speaker 2: do you call it? In the movies. What do you

1327
01:01:29,360 --> 01:01:33,160
Speaker 2: call it? Sound engineering? Sound design? Sound design? So that

1328
01:01:33,360 --> 01:01:36,120
Speaker 2: story whereby you want to pass the theater. So you're

1329
01:01:36,120 --> 01:01:40,000
Speaker 2: working in a cafe just off Sable Row and you

1330
01:01:40,080 --> 01:01:44,040
Speaker 2: wander past the theater with the sign for the job

1331
01:01:44,560 --> 01:01:47,520
Speaker 2: and you just walk in. Yeah, and you get the job.

1332
01:01:47,880 --> 01:01:48,960
Speaker 7: Oh, you've done your homework.

1333
01:01:49,960 --> 01:01:51,320
Speaker 2: You're dealing with a pro here maintain.

1334
01:01:51,480 --> 01:01:53,040
Speaker 7: Well, yeah, that's very good.

1335
01:01:54,200 --> 01:01:57,480
Speaker 2: Is that real? That is real? And it's really happens.

1336
01:01:57,520 --> 01:01:59,160
Speaker 2: I mean, it's so hard to get in that business,

1337
01:01:59,160 --> 01:02:02,800
Speaker 2: and people runners for years and they go to you know,

1338
01:02:02,880 --> 01:02:04,840
Speaker 2: go to film school and college to try and get

1339
01:02:04,880 --> 01:02:08,080
Speaker 2: into it. But literally I was I think I was.

1340
01:02:08,120 --> 01:02:12,960
Speaker 2: I was working for I was a coffee barrister and

1341
01:02:12,960 --> 01:02:15,479
Speaker 2: and I thought, you know, I really need to get

1342
01:02:15,520 --> 01:02:17,680
Speaker 2: something that pays a little bit more to help my

1343
01:02:17,800 --> 01:02:22,520
Speaker 2: music alone. And and I did have experience. I'd worked

1344
01:02:22,520 --> 01:02:26,000
Speaker 2: at Stebbings here in Auckland as a mastering engineer, so

1345
01:02:26,040 --> 01:02:28,320
Speaker 2: I did kind of know how to operate a little

1346
01:02:28,320 --> 01:02:32,160
Speaker 2: bit of a cat. So I actually walked in and

1347
01:02:32,200 --> 01:02:35,240
Speaker 2: gave them my CV and a week later they said

1348
01:02:35,520 --> 01:02:37,960
Speaker 2: will you come in because we had three people just

1349
01:02:38,080 --> 01:02:41,680
Speaker 2: they've been headhunted and they've gone to another studio and

1350
01:02:42,040 --> 01:02:43,480
Speaker 2: then and then like can you Yeah?

1351
01:02:43,480 --> 01:02:43,640
Speaker 19: God.

1352
01:02:43,760 --> 01:02:46,080
Speaker 2: The reason I just that question is is that seems

1353
01:02:46,120 --> 01:02:48,880
Speaker 2: to be a time and place type story of something

1354
01:02:48,920 --> 01:02:51,640
Speaker 2: that cannot be creating nowadays, and if you landed in

1355
01:02:51,640 --> 01:02:55,040
Speaker 2: London tomorrow, it would never happen. I don't want to

1356
01:02:55,080 --> 01:02:58,480
Speaker 2: discourage people try it, but yeah, I think it was

1357
01:02:59,000 --> 01:03:01,760
Speaker 2: pretty pretty I'm very lucky in the right place at

1358
01:03:01,800 --> 01:03:05,080
Speaker 2: the right time for sure. Yeah. Creatively speaking, what's the

1359
01:03:05,120 --> 01:03:08,960
Speaker 2: difference between sound design and a movie and the music

1360
01:03:09,080 --> 01:03:11,920
Speaker 2: you want to make? Are you doing it too for

1361
01:03:12,560 --> 01:03:17,439
Speaker 2: you know, description prescription? I would say there's these days

1362
01:03:17,560 --> 01:03:20,200
Speaker 2: is a real fine line between music and sound design,

1363
01:03:20,440 --> 01:03:25,960
Speaker 2: Like if I, for an example, the late Johann Johanssen,

1364
01:03:26,560 --> 01:03:30,280
Speaker 2: for say, his movie Secario's. I find it very hard

1365
01:03:30,280 --> 01:03:32,479
Speaker 2: to establish what is music and what is sound design.

1366
01:03:32,520 --> 01:03:38,360
Speaker 2: It's very tonal, it's not as harmonic, less melodic, but

1367
01:03:38,880 --> 01:03:44,200
Speaker 2: generally speaking, sound design is more organic and we capture

1368
01:03:44,240 --> 01:03:50,240
Speaker 2: sounds and manipulate them, but not so as to really

1369
01:03:50,360 --> 01:03:54,000
Speaker 2: compete with score, right, so they have to be slightly

1370
01:03:54,040 --> 01:03:58,640
Speaker 2: different so as not to be out of tune with

1371
01:03:58,680 --> 01:04:01,040
Speaker 2: each other. Is it a give or you learn it

1372
01:04:02,120 --> 01:04:04,600
Speaker 2: I think both. You know, I personally felt I had

1373
01:04:04,600 --> 01:04:09,120
Speaker 2: an affinity with it. Being a musician, there's definitely a

1374
01:04:09,160 --> 01:04:12,520
Speaker 2: lot of timing involved with sound design, knowing when to

1375
01:04:12,560 --> 01:04:16,320
Speaker 2: place sounds like when do you place the rooster crow

1376
01:04:17,000 --> 01:04:19,280
Speaker 2: in a cutaway? You know, how long do you wait?

1377
01:04:19,400 --> 01:04:22,720
Speaker 2: And when's that? When's that blast of thunder? And the

1378
01:04:22,760 --> 01:04:25,680
Speaker 2: distance just to sort of help and emotion. Is that

1379
01:04:25,760 --> 01:04:27,480
Speaker 2: one of those things? And the reason I'm building up

1380
01:04:27,520 --> 01:04:29,200
Speaker 2: to this. Do you watch White Lotus? Do you know

1381
01:04:29,240 --> 01:04:30,560
Speaker 2: White Lotus the television printer?

1382
01:04:30,600 --> 01:04:31,040
Speaker 8: I've heard of it?

1383
01:04:31,280 --> 01:04:33,600
Speaker 2: Okay, right, so it doesn't matter. So the third series

1384
01:04:33,680 --> 01:04:37,760
Speaker 2: is just out now. People are reacting to the music,

1385
01:04:37,840 --> 01:04:41,320
Speaker 2: the sound design. They don't like season three. It's gone

1386
01:04:41,360 --> 01:04:43,680
Speaker 2: because it's set in different place. First season Hawaii, then

1387
01:04:43,760 --> 01:04:46,440
Speaker 2: Italy and now it's set in Thailand. It's different, it's

1388
01:04:46,480 --> 01:04:48,760
Speaker 2: got a tie vibe to it. But people are reacting

1389
01:04:48,800 --> 01:04:53,000
Speaker 2: to it. Is it supposed to be just so subtle

1390
01:04:53,040 --> 01:04:55,560
Speaker 2: that you don't even realize it's there?

1391
01:04:56,000 --> 01:04:56,320
Speaker 7: Yes?

1392
01:04:56,600 --> 01:04:58,560
Speaker 2: Or can you then go wait a minute, here I

1393
01:04:58,600 --> 01:05:01,479
Speaker 2: am and suddenly that's when people reacting that you haven't

1394
01:05:01,480 --> 01:05:04,360
Speaker 2: done think it should be? It should be like Ringo

1395
01:05:04,520 --> 01:05:06,520
Speaker 2: star on the drum kit. You don't notice it, but

1396
01:05:06,560 --> 01:05:08,720
Speaker 2: it's there and it's solid and it's doing its job.

1397
01:05:11,120 --> 01:05:11,320
Speaker 8: You know.

1398
01:05:11,560 --> 01:05:14,400
Speaker 2: A very good example of great sound design is the

1399
01:05:14,520 --> 01:05:18,560
Speaker 2: lightsaber from Star Wars. You know, we noticed that. It's

1400
01:05:18,600 --> 01:05:24,520
Speaker 2: just really cool, right, Yeah, but you just accept it.

1401
01:05:24,520 --> 01:05:26,320
Speaker 2: It is what I'm saying with White Lotus that the

1402
01:05:26,440 --> 01:05:30,560
Speaker 2: news people are starting it jars. It just distracts from

1403
01:05:30,560 --> 01:05:33,480
Speaker 2: you the night saber thing, isn't it because it is?

1404
01:05:33,560 --> 01:05:36,280
Speaker 2: It is cool? But is it cool because it is cool,

1405
01:05:36,400 --> 01:05:40,720
Speaker 2: or we've just in retrospect decided it's cool because it

1406
01:05:40,760 --> 01:05:42,720
Speaker 2: could have been different. I think it really is actually

1407
01:05:42,760 --> 01:05:47,280
Speaker 2: really really cool. It's a cool sound that someone's made

1408
01:05:47,520 --> 01:05:50,200
Speaker 2: from like smacking a cable and then manipulating that and

1409
01:05:50,200 --> 01:05:52,880
Speaker 2: putting it through lots of guitar pitals or something. It's

1410
01:05:52,880 --> 01:05:54,360
Speaker 2: so true. Now, what are you going to play for

1411
01:05:54,440 --> 01:05:56,360
Speaker 2: us after the break? I'm going to play a song

1412
01:05:56,480 --> 01:05:58,720
Speaker 2: called Wading in the Water, which is off my new album.

1413
01:05:58,800 --> 01:06:01,080
Speaker 2: I listened to that yesterday. Yeah, it's a good song.

1414
01:06:02,360 --> 01:06:04,520
Speaker 2: Are you going to change it up for the live

1415
01:06:05,440 --> 01:06:10,240
Speaker 2: acoustic gar I'll cut it down a bit. You know,

1416
01:06:10,280 --> 01:06:13,720
Speaker 2: I wanted to play Waiting in the Water because you

1417
01:06:13,760 --> 01:06:18,000
Speaker 2: know it's a song that embraces, encourage us to embrace

1418
01:06:18,320 --> 01:06:20,400
Speaker 2: not only the light and the joy, but the darkness

1419
01:06:20,400 --> 01:06:23,840
Speaker 2: and loss and grief, and lately, for me the last year,

1420
01:06:23,880 --> 01:06:25,720
Speaker 2: I've experienced quite a bit of that. I lost my

1421
01:06:25,800 --> 01:06:29,240
Speaker 2: mum last month, and you know it's painful. And I

1422
01:06:29,280 --> 01:06:32,400
Speaker 2: know that a lot of listeners will be you know,

1423
01:06:32,480 --> 01:06:34,240
Speaker 2: have gone through it or going through it, So you

1424
01:06:34,240 --> 01:06:36,760
Speaker 2: know this one's for all of us. Okay, take a

1425
01:06:36,760 --> 01:06:39,160
Speaker 2: brief break, Get your guitar. Is that get you Harmonica?

1426
01:06:39,280 --> 01:06:41,360
Speaker 2: Get thee and we're more in a moment. It is

1427
01:06:41,400 --> 01:06:42,400
Speaker 2: thirteen minutes past eight.

1428
01:06:42,400 --> 01:06:48,400
Speaker 1: Blair Jolins the Mic Asking Breakfast Full Show podcast on iHeartRadio,

1429
01:06:48,680 --> 01:06:49,840
Speaker 1: part by News Talk.

1430
01:06:49,760 --> 01:06:53,240
Speaker 2: Zippy Use talks me sixteen past eight. The guest is

1431
01:06:53,280 --> 01:06:56,840
Speaker 2: Bleared Jolins. The album's little comments. The song is wading

1432
01:06:57,520 --> 01:06:58,080
Speaker 2: in the water.

1433
01:07:00,080 --> 01:07:16,480
Speaker 4: Mh, We're gone, little Souldier, were saved.

1434
01:07:17,000 --> 01:07:17,840
Speaker 6: I free.

1435
01:07:20,600 --> 01:07:20,800
Speaker 8: Well.

1436
01:07:20,800 --> 01:07:26,120
Speaker 4: I would long just to hold you for all the

1437
01:07:26,280 --> 01:07:27,840
Speaker 4: waves and the sea.

1438
01:07:29,560 --> 01:07:37,120
Speaker 21: Still I look through the bottle. The light is broken

1439
01:07:37,280 --> 01:07:46,600
Speaker 21: in the sand. Still I look through tomorrow burn that

1440
01:07:46,920 --> 01:07:47,960
Speaker 21: message in my.

1441
01:07:50,120 --> 01:07:50,840
Speaker 8: And I'm.

1442
01:07:55,320 --> 01:08:00,760
Speaker 22: In the water, but I can't find you. And I'll

1443
01:08:00,880 --> 01:08:09,000
Speaker 22: stand a let a longer so I can't hold you.

1444
01:08:10,520 --> 01:08:12,000
Speaker 4: And way.

1445
01:08:13,440 --> 01:08:19,360
Speaker 22: And out in the water where I can't find you,

1446
01:08:20,720 --> 01:08:29,640
Speaker 22: and I way around, let a longer so I can't older,

1447
01:08:30,800 --> 01:08:38,680
Speaker 22: and I won't hold you, And all the deeds on

1448
01:08:38,920 --> 01:08:47,800
Speaker 22: account and lost in a rage to the flood, throw

1449
01:08:48,000 --> 01:08:50,559
Speaker 22: the gold in the mountain.

1450
01:08:50,240 --> 01:08:50,320
Speaker 13: And.

1451
01:08:52,680 --> 01:08:54,960
Speaker 4: Well I would trade for blood.

1452
01:08:56,600 --> 01:08:59,880
Speaker 7: Still I look through the bar.

1453
01:09:03,000 --> 01:09:08,040
Speaker 21: Their light is broken in the same Still I look

1454
01:09:09,439 --> 01:09:13,680
Speaker 21: through tomorrow, burn the.

1455
01:09:13,960 --> 01:09:18,440
Speaker 4: Message in my and I'm waiting.

1456
01:09:20,080 --> 01:09:27,439
Speaker 22: And in the water, but I can't find you, and

1457
01:09:27,640 --> 01:09:36,040
Speaker 22: no way around a little longer, so I can't hold you.

1458
01:10:22,760 --> 01:10:25,800
Speaker 2: Brilliant, Well done, le Jarlon's good to see you have

1459
01:10:25,880 --> 01:10:28,280
Speaker 2: a good dumb star in the country. Thanks so much.

1460
01:10:28,400 --> 01:10:29,920
Speaker 2: Come and look us up next time you backquine you

1461
01:10:30,000 --> 01:10:32,720
Speaker 2: little comments as the album that was Wading in the

1462
01:10:32,840 --> 01:10:34,120
Speaker 2: Water eight twenty.

1463
01:10:35,320 --> 01:10:39,599
Speaker 1: The Mic Hosking Breakfast with Vida, Retirement Communities News, togs

1464
01:10:39,640 --> 01:10:40,760
Speaker 1: Head b Now.

1465
01:10:40,840 --> 01:10:44,120
Speaker 2: When SpaceX introduced starlink, we love style Link groundbreaking tech.

1466
01:10:44,200 --> 01:10:47,479
Speaker 2: Of course, there are a few local use cases to

1467
01:10:47,600 --> 01:10:50,280
Speaker 2: back up the effectiveness of the solution. In other words,

1468
01:10:50,320 --> 01:10:53,679
Speaker 2: did it work. Fletcher Tech, which is Fletcher Building's technology division,

1469
01:10:53,840 --> 01:10:56,639
Speaker 2: has teamed up with two degrees and two degrees business

1470
01:10:56,680 --> 01:11:00,160
Speaker 2: to tackle significant connectivity challenges faced in remote locations cross

1471
01:11:00,280 --> 01:11:03,920
Speaker 2: the country and indeed in Australia where traditional fiber where

1472
01:11:03,960 --> 01:11:07,639
Speaker 2: the four g's unavailable. Fletcher Tech had been installing Staralink

1473
01:11:07,680 --> 01:11:10,200
Speaker 2: for business solutions. Now Staralink through two degrees is now

1474
01:11:10,240 --> 01:11:14,559
Speaker 2: recognized by Fletcher Tech as a rapidly rapid deployable solution

1475
01:11:14,960 --> 01:11:18,240
Speaker 2: for network redundancy offers a flexible, affordable solution supported by

1476
01:11:18,240 --> 01:11:20,840
Speaker 2: a two degrees managed services team. It's based right here

1477
01:11:20,880 --> 01:11:23,120
Speaker 2: in the country and two degrees have proved they are

1478
01:11:23,320 --> 01:11:26,280
Speaker 2: serious about starlink through their own testing and service and oversight.

1479
01:11:26,320 --> 01:11:27,600
Speaker 2: So if you want to find out more about it,

1480
01:11:28,200 --> 01:11:30,559
Speaker 2: starlink for business here as where you go two degrees

1481
01:11:30,800 --> 01:11:33,280
Speaker 2: dot end z forward slash business. Simple as that can't

1482
01:11:33,320 --> 01:11:37,799
Speaker 2: go wrong two degrees dot end z forward slash business.

1483
01:11:38,560 --> 01:11:42,040
Speaker 2: Asking Jeep as Mike car back to the KeyWe Saber conversation, Mike,

1484
01:11:42,080 --> 01:11:44,559
Speaker 2: what is your alternative to KEYI Saber? I've averaged close

1485
01:11:44,600 --> 01:11:47,400
Speaker 2: to twenty percent return on my money with my KEYW Saber.

1486
01:11:47,400 --> 01:11:49,200
Speaker 2: I'm sitting on about two d and sixty thousand dollars.

1487
01:11:49,240 --> 01:11:51,479
Speaker 2: You write yourself with the numbers, your precious National Party

1488
01:11:51,520 --> 01:11:54,040
Speaker 2: have not made an abysmal decision to drop the superannuation

1489
01:11:54,120 --> 01:11:57,680
Speaker 2: scheme in the seventies. Ah, very good point. So the

1490
01:11:57,760 --> 01:12:00,719
Speaker 2: problem with governments, and this is no different key we Saber,

1491
01:12:01,240 --> 01:12:03,799
Speaker 2: is that really should be sort of reliant on yourself

1492
01:12:03,840 --> 01:12:05,920
Speaker 2: and solved your own problem. But you're two sixty. My

1493
01:12:06,040 --> 01:12:08,160
Speaker 2: point in telling these numbers, or giving these numbers to

1494
01:12:08,240 --> 01:12:10,720
Speaker 2: you from the Retirement Commission is virtually no one's got

1495
01:12:10,720 --> 01:12:13,200
Speaker 2: two hundred and sixty thousand dollars. You're an outlier. Your

1496
01:12:13,240 --> 01:12:16,160
Speaker 2: twenty percent is unusual. Your contribution is you know, one

1497
01:12:16,200 --> 01:12:19,720
Speaker 2: on one hundred. Most people in age brackets have ten

1498
01:12:19,840 --> 01:12:22,719
Speaker 2: twenty thirty thousand dollars the average amount of thirty thousand dollars.

1499
01:12:23,120 --> 01:12:27,880
Speaker 2: If the idea was to save for retirement. My argument

1500
01:12:28,000 --> 01:12:30,280
Speaker 2: is from the numbers, it isn't working.

1501
01:12:30,439 --> 01:12:30,559
Speaker 5: Now.

1502
01:12:30,720 --> 01:12:34,200
Speaker 2: You're right. And of course this very current QI Saber scheme,

1503
01:12:34,240 --> 01:12:35,880
Speaker 2: which came into two thousand and seven, by the way,

1504
01:12:35,920 --> 01:12:38,840
Speaker 2: it is twenty years older they'reabout, has been marched with

1505
01:12:39,200 --> 01:12:42,320
Speaker 2: by various governments as regards government contributions and whether we

1506
01:12:42,360 --> 01:12:44,479
Speaker 2: should be you know, they're looking currently at putting more

1507
01:12:44,479 --> 01:12:46,559
Speaker 2: and and so on and so forth. My argument has

1508
01:12:46,600 --> 01:12:49,000
Speaker 2: always been, if you want to sort your retirement out,

1509
01:12:49,320 --> 01:12:51,760
Speaker 2: the last person you want to be relying on is

1510
01:12:51,840 --> 01:12:53,320
Speaker 2: the government. At the end of the day, Mike, A

1511
01:12:53,360 --> 01:12:55,960
Speaker 2: lot of people love like White Lotus series three. Music

1512
01:12:56,120 --> 01:13:00,920
Speaker 2: is great. Casting is excellent, a slow build with tension. Chao, Justine,

1513
01:13:00,960 --> 01:13:04,760
Speaker 2: you're right, but people don't like the music. That's become

1514
01:13:04,920 --> 01:13:07,800
Speaker 2: quite a thing internationally with people reacting to the music.

1515
01:13:08,200 --> 01:13:10,679
Speaker 2: Casting is excellent. You're one hundred percent. And Sam Rockwell

1516
01:13:10,760 --> 01:13:13,879
Speaker 2: turned up in episode four, and that's got everyone. Everyone's

1517
01:13:13,960 --> 01:13:18,559
Speaker 2: gone off about Rockwell. Season three White Lotus. Mike has

1518
01:13:18,640 --> 01:13:21,479
Speaker 2: done a Yellowstone, got tired being dragged out, and nothing

1519
01:13:21,600 --> 01:13:24,639
Speaker 2: is happening each episode currently, Ellen, you're wrong. You haven't

1520
01:13:24,680 --> 01:13:28,080
Speaker 2: watched episode four. Watch episode four, which dropped yesterday or

1521
01:13:28,120 --> 01:13:32,400
Speaker 2: the day before or whenever it was the even time magazine.

1522
01:13:33,160 --> 01:13:34,320
Speaker 12: Has episode five.

1523
01:13:34,439 --> 01:13:37,120
Speaker 2: Yesterday was episode five. My apologies, so episode two.

1524
01:13:37,160 --> 01:13:38,360
Speaker 12: You watch episode five already.

1525
01:13:38,800 --> 01:13:41,360
Speaker 2: I've seen episode five already. It's one with Sam Rockwell.

1526
01:13:41,439 --> 01:13:44,479
Speaker 2: It will become known as the rock Will episode Mark

1527
01:13:44,520 --> 01:13:46,160
Speaker 2: my words turns out, and this.

1528
01:13:46,240 --> 01:13:47,680
Speaker 12: Is did he get his winger out like the guy

1529
01:13:47,680 --> 01:13:48,439
Speaker 12: I did the week before?

1530
01:13:48,680 --> 01:13:53,040
Speaker 2: There was a wanger, but not his and my wife,

1531
01:13:53,040 --> 01:13:55,320
Speaker 2: who was sitting next to me on the sofa, funnily enough, said,

1532
01:13:56,040 --> 01:13:58,360
Speaker 2: who's the guy who writes it, Sam White, whatever his

1533
01:13:58,479 --> 01:14:02,720
Speaker 2: name is, because she likes a wanger, he likes a winger. Well,

1534
01:14:02,800 --> 01:14:04,760
Speaker 2: I don't think she used that worklin, but I'm just jam,

1535
01:14:05,000 --> 01:14:07,400
Speaker 2: you know, using the vernacular anyway, So there was one. Yes,

1536
01:14:07,479 --> 01:14:13,120
Speaker 2: it was a Russian one anyway, rock will the the monologue,

1537
01:14:13,320 --> 01:14:17,519
Speaker 2: the Rockwell monologue on episode.

1538
01:14:17,120 --> 01:14:20,040
Speaker 12: Five, Well, I'd better have made all the other episodes

1539
01:14:20,080 --> 01:14:20,320
Speaker 12: worth it.

1540
01:14:20,320 --> 01:14:23,160
Speaker 2: Because they have just been laid down. Laid down, Missa.

1541
01:14:23,439 --> 01:14:30,959
Speaker 2: It's like hated. Every five saves five you go, oh.

1542
01:14:31,200 --> 01:14:33,240
Speaker 12: My god, all right, I'll give it one last.

1543
01:14:33,360 --> 01:14:37,240
Speaker 2: Sam Rockwell and Goggan's sitting there next.

1544
01:14:37,439 --> 01:14:38,439
Speaker 12: I love a bit of Goggins.

1545
01:14:38,520 --> 01:14:41,560
Speaker 2: Goggans, is it it is not?

1546
01:14:42,120 --> 01:14:48,160
Speaker 1: Go next? Let the Breakfast show, Kiwi's Trust to Stay

1547
01:14:48,439 --> 01:14:53,160
Speaker 1: in the Know, the mic Husking Breakfast with a Vita, Retirement, Communities,

1548
01:14:53,439 --> 01:14:55,960
Speaker 1: Life Your Way News, togsa'd be Mike.

1549
01:14:56,000 --> 01:14:57,840
Speaker 2: I'm currently on just over two hundred thousand and the

1550
01:14:57,880 --> 01:15:00,120
Speaker 2: Kiwi Saber and fifty seven joined in late two two

1551
01:15:00,120 --> 01:15:02,000
Speaker 2: thousand and seven, so you've been in pretty much since

1552
01:15:02,080 --> 01:15:04,439
Speaker 2: day one. It's dropped by eight thousand in the last

1553
01:15:04,479 --> 01:15:06,559
Speaker 2: two weeks. By the time I retire, I'll have around

1554
01:15:06,600 --> 01:15:09,360
Speaker 2: three fifty to four hundred, enough to supplement my super

1555
01:15:09,439 --> 01:15:11,160
Speaker 2: for a great number of years, so I can put

1556
01:15:11,200 --> 01:15:13,719
Speaker 2: my rate power insurance SMA blah blah blah blah, et cetera.

1557
01:15:14,000 --> 01:15:15,599
Speaker 2: So yeah, if you end up with three fifty four

1558
01:15:15,680 --> 01:15:19,320
Speaker 2: hundred thousand dollars. The boss was justin here bending our

1559
01:15:19,400 --> 01:15:22,000
Speaker 2: ear about this, so he makes a not unreasonable point.

1560
01:15:22,760 --> 01:15:24,560
Speaker 2: Free money is one point which was part of the

1561
01:15:24,600 --> 01:15:27,760
Speaker 2: whole scenario from the start. Second point, and where he

1562
01:15:27,840 --> 01:15:30,240
Speaker 2: goes wrong is where everyone goes wrong with things. Like

1563
01:15:30,360 --> 01:15:32,559
Speaker 2: he we say, but the moment you involved the government

1564
01:15:32,680 --> 01:15:35,280
Speaker 2: in anything, they're going to mess with you. And this

1565
01:15:35,479 --> 01:15:37,840
Speaker 2: is simply no different. The other point he made and

1566
01:15:37,880 --> 01:15:39,840
Speaker 2: Glenn made it also, is that it is young. At

1567
01:15:39,880 --> 01:15:41,760
Speaker 2: twenty years, you probably give it a bit more life.

1568
01:15:41,800 --> 01:15:44,160
Speaker 2: But at thirty seven thousand, all the texts coming and going,

1569
01:15:44,200 --> 01:15:46,799
Speaker 2: I've got two hundred thousand, I've got six hundred thousand,

1570
01:15:47,000 --> 01:15:49,439
Speaker 2: I've got two hundred and seventy thousand. All of that's fine.

1571
01:15:50,040 --> 01:15:53,320
Speaker 2: But what was released yesterday from the Retirement Commission is

1572
01:15:53,439 --> 01:15:57,160
Speaker 2: not individual scenarios, but the collective, and the collective is

1573
01:15:57,280 --> 01:16:01,240
Speaker 2: only thirty something thousand dollars, and it's not that maybe

1574
01:16:02,000 --> 01:16:04,200
Speaker 2: in twenty years it will be maybe it'll be different,

1575
01:16:04,240 --> 01:16:06,880
Speaker 2: But I'd still argue that if you look at somewhere

1576
01:16:06,960 --> 01:16:10,560
Speaker 2: wealthy like Singapore or indeed Australia, the size of the

1577
01:16:10,600 --> 01:16:14,840
Speaker 2: superannuation scheme is yes, you put a lot in, but

1578
01:16:15,040 --> 01:16:17,800
Speaker 2: yes it's matched. And at the end of it, though,

1579
01:16:17,880 --> 01:16:20,280
Speaker 2: you set for life basically, so there's nothing wrong with that.

1580
01:16:20,360 --> 01:16:22,720
Speaker 2: Now Rod's disappeared off the face of the earth for

1581
01:16:23,000 --> 01:16:24,840
Speaker 2: some reason, which is disappointing because a couple of things

1582
01:16:24,880 --> 01:16:26,120
Speaker 2: I want to cover off with them, and I'll come

1583
01:16:26,160 --> 01:16:28,479
Speaker 2: back to them in a moment. But just before I

1584
01:16:28,600 --> 01:16:32,479
Speaker 2: forget Rockwell last Night on when I say last night streaming,

1585
01:16:32,520 --> 01:16:33,840
Speaker 2: there is no last Night in streaming?

1586
01:16:33,920 --> 01:16:34,120
Speaker 14: Is there?

1587
01:16:34,600 --> 01:16:39,599
Speaker 2: White Lotus Episode five? So Rockwell turns out. Surprise factor

1588
01:16:39,720 --> 01:16:42,080
Speaker 2: was Rockwell is married to one of the stars of

1589
01:16:42,120 --> 01:16:44,759
Speaker 2: the show, which I didn't know, not that that really matters,

1590
01:16:45,040 --> 01:16:46,800
Speaker 2: but I did want to alert you to the fact

1591
01:16:47,240 --> 01:16:52,280
Speaker 2: Walton Goggins, who is in the scene with Rockwell, can

1592
01:16:52,360 --> 01:16:54,840
Speaker 2: be found and I would thoroughly recommend it. If you're

1593
01:16:54,880 --> 01:16:58,960
Speaker 2: into architecture, which I happen to be. Architectural Digest do

1594
01:16:59,120 --> 01:17:03,360
Speaker 2: this thing whereby they do vlogs of people's houses. Sometimes

1595
01:17:03,479 --> 01:17:06,280
Speaker 2: it's a famous person's house, and if it's not a

1596
01:17:06,320 --> 01:17:09,439
Speaker 2: famous person's house, it's a really cool house. And they're

1597
01:17:09,479 --> 01:17:11,720
Speaker 2: worth wandering around and just getting ideas and having a

1598
01:17:11,760 --> 01:17:13,320
Speaker 2: look at how some people live and where they are

1599
01:17:13,360 --> 01:17:16,120
Speaker 2: in the world and things like that. Walton Goggins has

1600
01:17:16,200 --> 01:17:19,840
Speaker 2: got the most beautiful house in the Hudson Valley, which

1601
01:17:19,880 --> 01:17:21,840
Speaker 2: is a couple of hours north of New York. He's

1602
01:17:21,880 --> 01:17:25,519
Speaker 2: got one hundred acres. The house is modeled on an

1603
01:17:25,520 --> 01:17:27,960
Speaker 2: early It was built in the early nineteen hundreds nineteen twenty.

1604
01:17:28,320 --> 01:17:32,439
Speaker 2: It is modeled on a Scottish hunting lodge, so it's

1605
01:17:32,479 --> 01:17:35,320
Speaker 2: got that and he's remodeled the whole thing. And he

1606
01:17:35,400 --> 01:17:37,160
Speaker 2: goes through all the people that help them, and the

1607
01:17:37,320 --> 01:17:40,840
Speaker 2: lighting and the and the design and the furniture, and

1608
01:17:41,160 --> 01:17:45,200
Speaker 2: what he's got is just something to die for. But

1609
01:17:45,400 --> 01:17:48,600
Speaker 2: do watch so two things for you today. One Architectural

1610
01:17:48,720 --> 01:17:54,040
Speaker 2: Digest in Goggin's house to the monologue in episode five

1611
01:17:54,120 --> 01:17:57,320
Speaker 2: between Goggins. It's not really Goggins. Goggins just stares at him.

1612
01:17:57,439 --> 01:18:00,679
Speaker 2: That's half the brilliance of it. And Rockwell, who delivers

1613
01:18:00,720 --> 01:18:04,000
Speaker 2: one of the great monologues of all time. It's gone viral,

1614
01:18:04,160 --> 01:18:07,639
Speaker 2: it's gone off, and everybody seemingly is either in shock

1615
01:18:08,520 --> 01:18:11,240
Speaker 2: and or loves it. Twenty minutes away from.

1616
01:18:11,200 --> 01:18:18,840
Speaker 1: NME the Mic Asking Breakfast Full Show podcast on iHeartRadio,

1617
01:18:19,040 --> 01:18:20,400
Speaker 1: Howard By News talks.

1618
01:18:20,120 --> 01:18:23,120
Speaker 2: At be Mike. I've been working on retirement budgets. The

1619
01:18:23,160 --> 01:18:25,840
Speaker 2: biggest killers of health insurance, home and contents, insurance rates,

1620
01:18:25,880 --> 01:18:28,360
Speaker 2: and electricity inflation and the cost of living inflation. And

1621
01:18:28,439 --> 01:18:30,840
Speaker 2: that's even the case when you've got zero mortgage and debts.

1622
01:18:30,880 --> 01:18:33,080
Speaker 2: New Zealand super doesn't keep up with disaster. That's one

1623
01:18:33,160 --> 01:18:38,080
Speaker 2: hundred percent correct. Hence you should be financially stable by

1624
01:18:38,120 --> 01:18:39,840
Speaker 2: the time you do go to retire. By the way,

1625
01:18:39,880 --> 01:18:42,400
Speaker 2: what I wanted to cover off with Rod is forty

1626
01:18:42,439 --> 01:18:45,560
Speaker 2: two thousand people. This is the boat people problem. So

1627
01:18:45,840 --> 01:18:49,759
Speaker 2: numbers out yesterday. There are forty two thousand people waiting

1628
01:18:50,520 --> 01:18:53,600
Speaker 2: for an appeal. So the Home office rejects. So you

1629
01:18:53,720 --> 01:18:56,880
Speaker 2: lob up and you go hello, I'd like to apply

1630
01:18:57,000 --> 01:18:59,479
Speaker 2: for asylum please, and they go, well, don't be stupid,

1631
01:18:59,520 --> 01:19:01,439
Speaker 2: forget it, and you go right, I've got a lawyer.

1632
01:19:01,520 --> 01:19:03,679
Speaker 2: I'm going to appeal. So there are forty two thousand

1633
01:19:03,720 --> 01:19:08,360
Speaker 2: of those, it's a fivefold increase in two years, and

1634
01:19:09,439 --> 01:19:12,800
Speaker 2: forty thousand of them are still in hotels. So you're

1635
01:19:12,800 --> 01:19:16,200
Speaker 2: simply been shuffled from one government department to another. And

1636
01:19:16,280 --> 01:19:18,960
Speaker 2: I've got no idea how they how they get around that.

1637
01:19:19,400 --> 01:19:21,240
Speaker 2: The other thing was there seems to be a massive

1638
01:19:21,280 --> 01:19:24,120
Speaker 2: debate on at the moment. The government wanted to sort

1639
01:19:24,160 --> 01:19:28,800
Speaker 2: of ban smartphones and schools, but they couldn't get the

1640
01:19:28,840 --> 01:19:32,280
Speaker 2: support for it, so they sort of issued a sort

1641
01:19:32,320 --> 01:19:33,920
Speaker 2: of a need dick saying, hey, listen, can you do

1642
01:19:34,080 --> 01:19:36,640
Speaker 2: something schools about smartphones? They're not very good and if

1643
01:19:36,680 --> 01:19:39,040
Speaker 2: you wouldn't mind doing that, we'd really appreciate that. And

1644
01:19:39,120 --> 01:19:40,479
Speaker 2: they were trying to water it down. But then the

1645
01:19:40,520 --> 01:19:42,360
Speaker 2: conservatives have come out and say they want to ban it.

1646
01:19:42,439 --> 01:19:44,719
Speaker 2: So I assume between the two parties, Old Dole enact

1647
01:19:44,800 --> 01:19:46,920
Speaker 2: some sort of ban, or at least you hope they would.

1648
01:19:47,439 --> 01:19:52,360
Speaker 2: Meantime in Washington at the Kennedy Center, JD. Vants, who

1649
01:19:52,400 --> 01:19:53,960
Speaker 2: seems to have a lot of time on his hands.

1650
01:19:53,960 --> 01:19:56,200
Speaker 2: Because it was last week and you'll remember that it

1651
01:19:56,320 --> 01:19:59,759
Speaker 2: was post the Zelensky meeting. JD and his family jetted

1652
01:19:59,800 --> 01:20:01,960
Speaker 2: off to Vermont to go skiing, you remember that. And

1653
01:20:02,120 --> 01:20:03,800
Speaker 2: so he was skiing for the weekend and they had

1654
01:20:03,840 --> 01:20:06,400
Speaker 2: all the protesters there, and I thought, oh, yeah, fair enough.

1655
01:20:06,680 --> 01:20:08,400
Speaker 2: I wouldn't have thought, having been on the job only

1656
01:20:08,400 --> 01:20:09,880
Speaker 2: a couple of months, you've got time to go skiing,

1657
01:20:09,920 --> 01:20:12,720
Speaker 2: But clearly he does. Then this last weekend he went

1658
01:20:12,800 --> 01:20:15,120
Speaker 2: to the Kennedy Center for a show, and you got

1659
01:20:15,200 --> 01:20:18,439
Speaker 2: booed because a lot of people, a lot of artsy people,

1660
01:20:18,479 --> 01:20:21,760
Speaker 2: don't like JD. Vant anyway, speaking of the Kennedy Center,

1661
01:20:22,640 --> 01:20:25,439
Speaker 2: Trump's all over this like a rash, and so he

1662
01:20:25,560 --> 01:20:31,400
Speaker 2: wants shows. Trump loves shows. Come here and see a show.

1663
01:20:32,360 --> 01:20:33,600
Speaker 2: I was never a big fan of it.

1664
01:20:33,640 --> 01:20:35,479
Speaker 4: I never liked to Hamilton very.

1665
01:20:35,439 --> 01:20:38,360
Speaker 14: Much, and I never liked him.

1666
01:20:38,840 --> 01:20:42,360
Speaker 3: But we are going to have some really good shows.

1667
01:20:42,640 --> 01:20:45,560
Speaker 3: I always say this, Come here and watch it, and

1668
01:20:45,640 --> 01:20:47,920
Speaker 3: you'll see over a period of time it'll improve very

1669
01:20:48,000 --> 01:20:51,280
Speaker 3: greatly physically, and we're going to get some very good shows.

1670
01:20:51,560 --> 01:20:54,840
Speaker 3: The thing that does well are Broadway hits, and we

1671
01:20:54,960 --> 01:20:57,439
Speaker 3: have some beauty. I guess we have le Miz coming

1672
01:20:58,040 --> 01:21:00,800
Speaker 3: and we have some others, but the Broadway hits have

1673
01:21:00,880 --> 01:21:03,599
Speaker 3: done very well, so I'm going to spend some time.

1674
01:21:03,680 --> 01:21:04,519
Speaker 6: We have a good board.

1675
01:21:05,360 --> 01:21:07,760
Speaker 3: In the meantime, we're running the country and we're running

1676
01:21:07,800 --> 01:21:11,839
Speaker 3: it well. We have tremendous things to report tomorrow. Speaking

1677
01:21:11,960 --> 01:21:16,559
Speaker 3: with President Bouton of Russia to save some soldiers who

1678
01:21:16,560 --> 01:21:17,479
Speaker 3: are in deep trouble.

1679
01:21:17,520 --> 01:21:18,200
Speaker 8: They're captured.

1680
01:21:18,360 --> 01:21:22,680
Speaker 3: Essentially, they're surrounded by Russian soldiers. So I give it

1681
01:21:22,760 --> 01:21:24,200
Speaker 3: to you a lot of different I give you a

1682
01:21:24,240 --> 01:21:27,320
Speaker 3: lot of different things in one news conference, but it's

1683
01:21:27,360 --> 01:21:32,280
Speaker 3: a big deal. They're surrounded by Russian soldiers, and I

1684
01:21:32,400 --> 01:21:34,679
Speaker 3: believe it was. If it wasn't for me, they would

1685
01:21:34,760 --> 01:21:37,240
Speaker 3: be they wouldn't be here any longer.

1686
01:21:37,320 --> 01:21:38,320
Speaker 8: I was able to get them.

1687
01:21:38,320 --> 01:21:40,760
Speaker 2: And if they weren't here any longer, they presume it.

1688
01:21:41,400 --> 01:21:42,320
Speaker 15: You want to be pasking.

1689
01:21:42,720 --> 01:21:45,559
Speaker 2: Couldn't see any shows because I assume you can't see

1690
01:21:45,560 --> 01:21:48,120
Speaker 2: any shows if you did, so he's bringing shows.

1691
01:21:48,280 --> 01:21:49,760
Speaker 12: He's got a point. If everybody just went to a

1692
01:21:49,800 --> 01:21:51,360
Speaker 12: show instead of going to.

1693
01:21:51,400 --> 01:21:53,600
Speaker 2: A show instead of the war, we wouldn't be in

1694
01:21:53,640 --> 01:21:56,280
Speaker 2: the miss work. I mean, there are very few presidents

1695
01:21:56,280 --> 01:21:59,400
Speaker 2: who can handle that sort of that sort of delicate

1696
01:21:59,520 --> 01:22:03,080
Speaker 2: dance between Hamilton and the war BMW. By the way,

1697
01:22:03,120 --> 01:22:05,120
Speaker 2: thirty seven percent drop an annual net profit. Why am

1698
01:22:05,120 --> 01:22:06,960
Speaker 2: I telling you this, Well, because I've got a car theme,

1699
01:22:07,040 --> 01:22:10,120
Speaker 2: So thirty seven percent drop an annual net profit. Ferrari

1700
01:22:10,200 --> 01:22:12,760
Speaker 2: announced overnight forty percent of the new bars are now

1701
01:22:12,880 --> 01:22:15,840
Speaker 2: under forty. See those are people who got into Kisaber early,

1702
01:22:15,840 --> 01:22:18,160
Speaker 2: aren't they. You're into keiv Saber early. Next thing you know,

1703
01:22:18,320 --> 01:22:18,959
Speaker 2: you're thirty.

1704
01:22:18,800 --> 01:22:19,360
Speaker 4: Nine years old.

1705
01:22:19,400 --> 01:22:20,599
Speaker 2: You're buying yourself a Ferrari.

1706
01:22:21,400 --> 01:22:23,679
Speaker 12: Are you allowed to cash in your kii'sab for a Ferrari?

1707
01:22:24,120 --> 01:22:26,200
Speaker 2: You call it a house, So that's the first time,

1708
01:22:26,320 --> 01:22:29,400
Speaker 2: so if you're living it exactly. And then we come

1709
01:22:29,439 --> 01:22:31,519
Speaker 2: to my favorite cart story of the last twenty four hours,

1710
01:22:31,560 --> 01:22:35,599
Speaker 2: elon Musk. Unfortunately, the cyber truck has not gone well

1711
01:22:35,640 --> 01:22:38,440
Speaker 2: from what I didn't realize about the cyber truck. They've

1712
01:22:38,600 --> 01:22:42,839
Speaker 2: done a recall, another recall. No one recalls like Tesla,

1713
01:22:43,479 --> 01:22:46,000
Speaker 2: but they've done a recall on the cyber truck because unfortunately,

1714
01:22:46,080 --> 01:22:48,080
Speaker 2: what I didn't realize about the cyber truck is, you

1715
01:22:48,160 --> 01:22:51,639
Speaker 2: know how the panels they sort of like their joined

1716
01:22:51,720 --> 01:22:54,679
Speaker 2: together and they're not part of the car. That's actually

1717
01:22:54,760 --> 01:22:57,160
Speaker 2: the case. The panels are not part of the car,

1718
01:22:57,360 --> 01:22:59,600
Speaker 2: the frame itself. Normally in a car, what happens is

1719
01:22:59,640 --> 01:23:02,960
Speaker 2: that the bits get welded and joined to the front.

1720
01:23:03,160 --> 01:23:04,719
Speaker 12: So this is in this case, it's more of a shell.

1721
01:23:05,240 --> 01:23:07,360
Speaker 2: It's a shell exactly, and they stick bits on the

1722
01:23:07,400 --> 01:23:08,120
Speaker 2: outside of the shell.

1723
01:23:08,400 --> 01:23:11,080
Speaker 12: So this is every time we talk about Tesla and

1724
01:23:11,160 --> 01:23:13,680
Speaker 12: we talk about what our favorite model is. You know,

1725
01:23:13,720 --> 01:23:15,599
Speaker 12: the other day when they're all parked outside the White

1726
01:23:15,640 --> 01:23:17,519
Speaker 12: House and Trump was saying he was he was just

1727
01:23:17,560 --> 01:23:20,240
Speaker 12: going to have the He was just gonna have a

1728
01:23:20,320 --> 01:23:20,720
Speaker 12: Model three.

1729
01:23:20,800 --> 01:23:22,040
Speaker 2: Wasn't he three plaid?

1730
01:23:22,160 --> 01:23:22,360
Speaker 8: Yeah?

1731
01:23:23,320 --> 01:23:24,280
Speaker 2: Yeah, he should have gone for that.

1732
01:23:24,360 --> 01:23:26,360
Speaker 12: And I've always said the Models is quite it is

1733
01:23:26,400 --> 01:23:29,000
Speaker 12: not a bad looking car. But you've always gone cyber.

1734
01:23:28,840 --> 01:23:30,920
Speaker 2: Trucker, track truck, I thought, Simon.

1735
01:23:30,960 --> 01:23:33,519
Speaker 12: I always say it's the ugliest thing I've did it exactly.

1736
01:23:33,680 --> 01:23:35,799
Speaker 2: No, no, no, But in its ugliness is the appeal.

1737
01:23:35,960 --> 01:23:38,800
Speaker 2: But here's the point. Unfortunately, and I didn't realize this,

1738
01:23:39,040 --> 01:23:42,040
Speaker 2: they glue the bits on, so they're just glued. And

1739
01:23:42,120 --> 01:23:46,000
Speaker 2: now unfortunately the glues coming off, and especially they're found

1740
01:23:46,080 --> 01:23:49,240
Speaker 2: in cold weather. The glue reacts to the cold weather,

1741
01:23:49,360 --> 01:23:51,160
Speaker 2: and the punts are just falling off the cow.

1742
01:23:51,640 --> 01:23:53,960
Speaker 12: So they've had and that's before of course the battery

1743
01:23:54,040 --> 01:23:56,519
Speaker 12: has reacted with the cold weather and not lasting as

1744
01:23:56,560 --> 01:23:57,280
Speaker 12: long as it should have.

1745
01:23:58,000 --> 01:23:58,240
Speaker 8: Problem.

1746
01:23:58,439 --> 01:24:01,400
Speaker 2: But the cyber truck literally just what's that? It's a

1747
01:24:01,439 --> 01:24:03,200
Speaker 2: bit that fell off the car, so they glue them.

1748
01:24:03,200 --> 01:24:05,240
Speaker 12: I didn't realize that, So I always just assume that

1749
01:24:05,280 --> 01:24:07,080
Speaker 12: you were saying that you were one to one, just

1750
01:24:07,160 --> 01:24:10,799
Speaker 12: sort of as a as an ironic collector desire exactly.

1751
01:24:10,920 --> 01:24:13,599
Speaker 12: But that's a bit like a day meaden a self portrack.

1752
01:24:14,360 --> 01:24:16,040
Speaker 2: I'm not into just picking up the parts of my

1753
01:24:16,120 --> 01:24:18,160
Speaker 2: new car in the morning and the garas that's just embarrassing.

1754
01:24:18,200 --> 01:24:19,800
Speaker 2: That's just stupid. Ten Away from.

1755
01:24:19,800 --> 01:24:23,679
Speaker 1: Nine the Mike Hosking Breakfast with the Range Rover Villa

1756
01:24:24,000 --> 01:24:25,479
Speaker 1: News togs Head b Now we.

1757
01:24:25,560 --> 01:24:27,240
Speaker 2: All enjoy a little bit of time off work, but

1758
01:24:27,320 --> 01:24:29,439
Speaker 2: what what what if you could make your time off

1759
01:24:29,520 --> 01:24:32,559
Speaker 2: work work even harder? So you got the American Express

1760
01:24:32,600 --> 01:24:35,960
Speaker 2: Airpoints Platinum card, you can now we're in four hundred

1761
01:24:36,040 --> 01:24:38,840
Speaker 2: bonus points dollars for a limited time only. You're going

1762
01:24:38,880 --> 01:24:41,799
Speaker 2: to be getting even more holiday earning ear dollars airpoints

1763
01:24:41,840 --> 01:24:44,680
Speaker 2: dollars as you treat yourself to experiences like booking an

1764
01:24:44,720 --> 01:24:47,479
Speaker 2: island cruiser, enjoying sunset cocktails. So if you have a

1765
01:24:47,600 --> 01:24:50,920
Speaker 2: choice to make, do you want more while you're putting

1766
01:24:50,920 --> 01:24:53,200
Speaker 2: your feet up on holiday? Or let's like more Figi

1767
01:24:53,320 --> 01:24:55,760
Speaker 2: orless Fiji, more island hopping or less island hopping, more

1768
01:24:55,800 --> 01:24:58,759
Speaker 2: massages or fear of massage. Anyway, apply for the fastest

1769
01:24:58,800 --> 01:25:01,960
Speaker 2: here points dollar earning Platinum card and you could earn

1770
01:25:02,080 --> 01:25:06,240
Speaker 2: four hundred bonus air dollar eight points dollars. So search

1771
01:25:06,360 --> 01:25:10,479
Speaker 2: Emex Airpoints. That's what you're searching. MX Airpoints. Fastest airpoints

1772
01:25:10,520 --> 01:25:12,960
Speaker 2: dollar earning Platinum card in the country. One thy five

1773
01:25:13,080 --> 01:25:14,960
Speaker 2: hundred dollars minimum has been required in the first three

1774
01:25:15,000 --> 01:25:17,479
Speaker 2: months from an approval offer ends twenty six of May.

1775
01:25:17,800 --> 01:25:18,160
Speaker 8: This year.

1776
01:25:18,200 --> 01:25:21,400
Speaker 2: Teasncy's are playing new card members only, but search Amex

1777
01:25:21,960 --> 01:25:25,680
Speaker 2: air Points pasking. I know this morning that there's a

1778
01:25:26,720 --> 01:25:30,880
Speaker 2: anything that's good in Hospo and Wellington is good by me.

1779
01:25:31,080 --> 01:25:34,160
Speaker 2: Jared Strong a Beaver's garage. So they did the subscription service.

1780
01:25:34,200 --> 01:25:36,080
Speaker 2: You know those weird card things that when you go

1781
01:25:36,160 --> 01:25:38,360
Speaker 2: buy coffee you get one free one stamp, two stamp,

1782
01:25:38,439 --> 01:25:40,240
Speaker 2: ten stamp, you get a free They don't believe in

1783
01:25:40,240 --> 01:25:43,280
Speaker 2: any of that. They did a subscription thing. Subscriptions were

1784
01:25:43,320 --> 01:25:44,519
Speaker 2: going to be a thing for a while, weren't They

1785
01:25:44,640 --> 01:25:45,920
Speaker 2: were going to be like everything was going to be

1786
01:25:45,960 --> 01:25:47,560
Speaker 2: a subscription. I'm not sure it's turned out to be

1787
01:25:47,640 --> 01:25:49,360
Speaker 2: what they thought it was going to be. Anyway. For

1788
01:25:49,439 --> 01:25:51,920
Speaker 2: seventy dollars a month, I think they're on the wrong track.

1789
01:25:52,320 --> 01:25:54,360
Speaker 2: If I could just offer this piece of personal advice,

1790
01:25:54,439 --> 01:25:57,679
Speaker 2: I think you've gone too low because for seventy dollars

1791
01:25:57,720 --> 01:25:59,639
Speaker 2: a month, you get as many free drinks as you want.

1792
01:26:00,160 --> 01:26:01,880
Speaker 2: So you just do the numbers on that for a minute.

1793
01:26:01,920 --> 01:26:04,120
Speaker 12: For thirty got free, that's seventy dollars a month.

1794
01:26:04,360 --> 01:26:07,360
Speaker 2: Well, they're seventy dollars a month, and in return you

1795
01:26:07,479 --> 01:26:10,360
Speaker 2: get as many as you want. So under normal circumstances,

1796
01:26:10,439 --> 01:26:13,519
Speaker 2: at six bucks a coffee, you're getting maybe eleven twelve coffees, right,

1797
01:26:15,040 --> 01:26:16,880
Speaker 2: So if you go for twenty five coffees, it still

1798
01:26:16,920 --> 01:26:18,559
Speaker 2: only costs you seventy dollars a month. And if you're

1799
01:26:18,560 --> 01:26:21,120
Speaker 2: walking past this place every day, why wouldn't you, So

1800
01:26:21,240 --> 01:26:24,880
Speaker 2: you're doing thirty thirty coffees a month. Thirty dollars a month.

1801
01:26:25,360 --> 01:26:28,439
Speaker 2: All drinks are two bucks or fifteen dollars a month.

1802
01:26:28,560 --> 01:26:30,759
Speaker 2: All drinks are half price. So I think the seventy

1803
01:26:30,840 --> 01:26:32,519
Speaker 2: is going to bite them in the bum because they

1804
01:26:32,720 --> 01:26:34,360
Speaker 2: tell us this morning that the seventy is the most

1805
01:26:34,400 --> 01:26:37,120
Speaker 2: popular option, no kidding, I wonder why that would be.

1806
01:26:37,600 --> 01:26:39,479
Speaker 2: So I do two coffees a day, two express as

1807
01:26:39,479 --> 01:26:41,800
Speaker 2: a day, I would do twenty a month, forty a month,

1808
01:26:41,880 --> 01:26:46,880
Speaker 2: So forty coffees I would do for seventy dollars. I

1809
01:26:46,920 --> 01:26:49,120
Speaker 2: don't know there's money to be made there, but anyway,

1810
01:26:49,160 --> 01:26:51,240
Speaker 2: we wish them well anyone who thinks outside of the box.

1811
01:26:51,560 --> 01:26:54,200
Speaker 2: I am all over by the way, just quickly Liam

1812
01:26:54,280 --> 01:26:56,479
Speaker 2: Lawson I'm reading about as well as he heads to China.

1813
01:26:56,560 --> 01:26:58,760
Speaker 2: Two things won the race if you follow if one

1814
01:26:58,800 --> 01:27:02,479
Speaker 2: the race is a very good podcast, asked, They called

1815
01:27:02,520 --> 01:27:08,840
Speaker 2: him worryingly pereerz like, which worries me because they're not

1816
01:27:09,080 --> 01:27:11,479
Speaker 2: like that. They're not they're not extremists. They're they're very

1817
01:27:11,800 --> 01:27:14,280
Speaker 2: you know, they're intelligent people who study the data and

1818
01:27:14,360 --> 01:27:16,760
Speaker 2: the tracking and stuff, and so that that concerns me.

1819
01:27:16,880 --> 01:27:18,679
Speaker 12: Surely you're only pereiers like if you do the same

1820
01:27:18,760 --> 01:27:20,000
Speaker 12: thing for five races of the day.

1821
01:27:20,200 --> 01:27:23,479
Speaker 2: Yeah, that's true, he's got one two. Zach Brown said,

1822
01:27:24,200 --> 01:27:26,439
Speaker 2: Yuki did a great job. This is reference to Melbourne.

1823
01:27:26,800 --> 01:27:29,439
Speaker 2: Yuki did a great job. He's probably the guy that

1824
01:27:29,520 --> 01:27:31,000
Speaker 2: should be in the red Ball if you look at

1825
01:27:31,040 --> 01:27:33,799
Speaker 2: how he's performed. But they seem to make some strange

1826
01:27:33,880 --> 01:27:36,760
Speaker 2: driver choices. Now that's politics, of course, that plays a

1827
01:27:36,800 --> 01:27:40,800
Speaker 2: lot of politics. But pressure is on. Five minutes away

1828
01:27:40,800 --> 01:27:41,439
Speaker 2: from nine.

1829
01:27:41,840 --> 01:27:46,240
Speaker 1: Trending now with the chemist Wells keeping Kiwi's healthy all

1830
01:27:46,360 --> 01:27:46,840
Speaker 1: year round.

1831
01:27:46,960 --> 01:27:49,800
Speaker 2: John McGregor's at the White House to celebrate Saint Patrick's Day,

1832
01:27:49,800 --> 01:27:52,040
Speaker 2: which is today, of course in that part of the

1833
01:27:52,080 --> 01:27:56,400
Speaker 2: world anyway, Trump calls McGregor his favorite Irish person, which

1834
01:27:56,439 --> 01:27:58,400
Speaker 2: is weird, per just this sort of thing. He'd say,

1835
01:27:58,479 --> 01:28:01,120
Speaker 2: he's seen Hamilton and while I'm at it, you're my

1836
01:28:01,200 --> 01:28:04,800
Speaker 2: favorite Irish person. So he's taken time, has mcgreggor to

1837
01:28:04,800 --> 01:28:06,080
Speaker 2: get in front of the leg turn of the White

1838
01:28:06,120 --> 01:28:08,240
Speaker 2: House in the press briefing room, where he got a

1839
01:28:08,240 --> 01:28:11,160
Speaker 2: little bit fired about and fired up about illegal aliens

1840
01:28:11,280 --> 01:28:11,839
Speaker 2: in Ireland.

1841
01:28:12,040 --> 01:28:16,400
Speaker 23: Illegal immigration rackets is running ravag on the country. There

1842
01:28:16,439 --> 01:28:18,800
Speaker 23: are rural towns in Ireland that have been over running

1843
01:28:18,840 --> 01:28:21,240
Speaker 23: one sloop that have become a minority in one sloop.

1844
01:28:21,720 --> 01:28:24,719
Speaker 23: So it's just needing that's addressed. And the forty million

1845
01:28:24,800 --> 01:28:27,599
Speaker 23: Irish Americans, as I said, need to hear this because

1846
01:28:28,439 --> 01:28:30,479
Speaker 23: if not, there will be no place to come home

1847
01:28:30,520 --> 01:28:32,920
Speaker 23: and visit. You know, Ireland is at the coast of

1848
01:28:33,360 --> 01:28:35,120
Speaker 23: you know, potentially losing its irishness.

1849
01:28:35,880 --> 01:28:37,760
Speaker 2: Was he in front of anybody who was hearing that?

1850
01:28:38,439 --> 01:28:41,240
Speaker 12: It was part of the White House press briefing or

1851
01:28:41,240 --> 01:28:44,320
Speaker 12: it was with Carolyn oh Good and she was in

1852
01:28:44,400 --> 01:28:47,040
Speaker 12: a green dress. He was in a green suit. Good

1853
01:28:47,560 --> 01:28:50,679
Speaker 12: very well tailored suit of course, because he's a big lead, right.

1854
01:28:50,800 --> 01:28:52,920
Speaker 2: Very hard to not hard to tailor a suit to

1855
01:28:52,960 --> 01:28:56,920
Speaker 2: a body that you think, you think not just little

1856
01:28:57,000 --> 01:28:59,559
Speaker 2: nippin tack there, little nip, but also green.

1857
01:29:00,360 --> 01:29:02,760
Speaker 12: I can't think of anybody who wears a green suit?

1858
01:29:02,800 --> 01:29:02,960
Speaker 13: Can you?

1859
01:29:03,120 --> 01:29:06,439
Speaker 2: While you do on you do on Sir Patrick's duck. Anyway,

1860
01:29:06,520 --> 01:29:08,759
Speaker 2: the meeting is going to take place later on today.

1861
01:29:08,840 --> 01:29:11,040
Speaker 2: There's a little bit of controversy around McGregor because he

1862
01:29:11,120 --> 01:29:12,960
Speaker 2: was found guilty last year of that sexual assault. Of

1863
01:29:12,960 --> 01:29:15,080
Speaker 2: course I think he's appealing there isn't he appealing now

1864
01:29:15,120 --> 01:29:18,360
Speaker 2: that he's appealing there anyway, favorite of Irish Pierson. But

1865
01:29:18,520 --> 01:29:20,960
Speaker 2: he hangs out with Dana White, and Dona White hangs

1866
01:29:20,960 --> 01:29:22,920
Speaker 2: out with Trump, and they hang out with Joe Rogan.

1867
01:29:22,960 --> 01:29:25,720
Speaker 2: They all hang out together and it's just a it's

1868
01:29:25,800 --> 01:29:30,040
Speaker 2: like the mafia. Anyway Back tomorrow morning, as always, Happy Days.

1869
01:29:34,560 --> 01:29:37,400
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1870
01:29:37,560 --> 01:29:40,599
Speaker 1: news Talks it'd be from six am weekdays, or follow

1871
01:29:40,680 --> 01:29:42,200
Speaker 1: the podcast on iHeartRadio