1 00:00:00,560 --> 00:00:04,600 Speaker 1: New Zealand's voice of reason is Mike the mic Hosking 2 00:00:04,640 --> 00:00:09,119 Speaker 1: Breakfast with Bailey's Real Estate, your local experts across residential, 3 00:00:09,160 --> 00:00:11,720 Speaker 1: commercial and rural news togs Head been bully. 4 00:00:11,480 --> 00:00:13,600 Speaker 2: And welcome today the Reserve bankers back to the cash 5 00:00:13,640 --> 00:00:15,600 Speaker 2: right cat in the world of tumults and good news 6 00:00:15,600 --> 00:00:18,800 Speaker 2: from universities. Got good news on house building, bad news 7 00:00:18,840 --> 00:00:21,840 Speaker 2: on organized crime, good news on super Rugby, Mark and 8 00:00:21,920 --> 00:00:25,400 Speaker 2: Jenny Politics Wednesday, Richard Arnold, Steve Price in there as well, 9 00:00:25,920 --> 00:00:27,920 Speaker 2: Pasky Little of the week. Let's get into it seven 10 00:00:27,960 --> 00:00:29,880 Speaker 2: past six. I mean, isn't it a lesson in life? 11 00:00:30,040 --> 00:00:31,880 Speaker 2: What seems a little bit tricky appears now in the 12 00:00:31,880 --> 00:00:35,199 Speaker 2: rearview mirror an absolute breeze. What were we dealing with 13 00:00:35,720 --> 00:00:38,200 Speaker 2: for today's Reserve Bank cash right call? A well one 14 00:00:38,360 --> 00:00:41,000 Speaker 2: broad agreement that we would have another twenty five points today, 15 00:00:41,000 --> 00:00:43,360 Speaker 2: followed by another twenty five points in May. We knew 16 00:00:43,360 --> 00:00:45,519 Speaker 2: this because the bank told us this too. There was 17 00:00:45,520 --> 00:00:48,080 Speaker 2: a level of back and forward over the so called recovery. 18 00:00:48,280 --> 00:00:51,000 Speaker 2: Little bit of good news here read the manufacturing back 19 00:00:51,000 --> 00:00:53,720 Speaker 2: and positive some bad news there read the spending in 20 00:00:53,760 --> 00:00:56,040 Speaker 2: the services sector is still treading water. We had the 21 00:00:56,080 --> 00:00:59,600 Speaker 2: GDP out of Q four, good healthy number. Inflation was sorted, 22 00:01:00,520 --> 00:01:02,840 Speaker 2: although some price pressure is still about the place, and 23 00:01:02,960 --> 00:01:05,800 Speaker 2: that Council rates insurance cost issue that you know, so 24 00:01:05,920 --> 00:01:09,280 Speaker 2: called non tradeable that was still not where we wanted it. 25 00:01:09,360 --> 00:01:12,600 Speaker 2: But broadly it all seem reasonably clear. Then came Trump 26 00:01:12,640 --> 00:01:14,520 Speaker 2: and tariffs and the world got tipped upside down. So 27 00:01:15,000 --> 00:01:17,160 Speaker 2: what do the RB do today? Ah, well, in Australia 28 00:01:17,200 --> 00:01:20,920 Speaker 2: than our expecting four cuts. Are the tariffs inflationary? Yes 29 00:01:20,959 --> 00:01:23,280 Speaker 2: they are, so we need to tame it, don't we. 30 00:01:23,400 --> 00:01:25,440 Speaker 2: So that means cuts are off, doesn't it. But do 31 00:01:25,520 --> 00:01:26,800 Speaker 2: the tariff slow the economy down? 32 00:01:26,840 --> 00:01:26,960 Speaker 3: Oh? 33 00:01:27,040 --> 00:01:30,280 Speaker 2: Yes they do, So that's rate cuts and more rate 34 00:01:30,319 --> 00:01:33,160 Speaker 2: cuts we need to stimulate. But what outweighs? What does 35 00:01:33,160 --> 00:01:35,080 Speaker 2: inflation trump recession? And by how much? 36 00:01:35,160 --> 00:01:35,480 Speaker 4: And when? 37 00:01:35,640 --> 00:01:38,400 Speaker 2: Who knows? Can New Zealand work our way through tariffs 38 00:01:38,440 --> 00:01:41,240 Speaker 2: with less impact? In other words, we sell quality more 39 00:01:41,280 --> 00:01:44,120 Speaker 2: than quantity. Equality is somewhat terriff proof, so we can 40 00:01:44,120 --> 00:01:46,679 Speaker 2: carry on the way we work, but we sell to 41 00:01:46,680 --> 00:01:49,200 Speaker 2: other countries that might be more affected. Therefore they slow down. 42 00:01:49,560 --> 00:01:51,880 Speaker 2: They can't buy our stuff after all, So are we 43 00:01:51,960 --> 00:01:55,080 Speaker 2: more affected? Further question given this is in the Reserve 44 00:01:55,120 --> 00:01:58,080 Speaker 2: Bank terms, breaking news and other words, it's only just 45 00:01:58,120 --> 00:02:00,040 Speaker 2: happened and because of that, no one knows what the 46 00:02:00,080 --> 00:02:02,080 Speaker 2: hell is next. How do you make a call around 47 00:02:02,120 --> 00:02:04,480 Speaker 2: all of this? How much of the past few days 48 00:02:04,560 --> 00:02:08,200 Speaker 2: is in today's decision? Final question? How pleased does Adrian 49 00:02:08,400 --> 00:02:10,640 Speaker 2: to be? The hell out of there? And on holiday? Actually? 50 00:02:10,680 --> 00:02:14,160 Speaker 2: Final final question? Where is Adrian? And do you ever 51 00:02:14,200 --> 00:02:16,760 Speaker 2: get an explanation for as Tanty and his exit? Anyway? 52 00:02:17,240 --> 00:02:20,640 Speaker 2: Newfill and governor today, same old monetary committee and the 53 00:02:20,639 --> 00:02:24,040 Speaker 2: future of our fragile recovery at stake? What could possibly 54 00:02:24,120 --> 00:02:24,600 Speaker 2: go wrong? 55 00:02:26,440 --> 00:02:28,680 Speaker 5: News of the world in ninety seconds. 56 00:02:28,720 --> 00:02:30,840 Speaker 2: Looks like the markets have found some sort of flaw 57 00:02:31,160 --> 00:02:33,840 Speaker 2: up for now. Anyways, we see broadly green numbers this morning, 58 00:02:33,880 --> 00:02:36,640 Speaker 2: but that's that has not addressed the what is next 59 00:02:36,720 --> 00:02:39,320 Speaker 2: bit For places like Britain, which is where Sir Quilla 60 00:02:39,440 --> 00:02:39,800 Speaker 2: comes in. 61 00:02:39,919 --> 00:02:43,639 Speaker 6: I don't think that they are good for our economy 62 00:02:43,680 --> 00:02:49,080 Speaker 6: or for economists around the world, and my instinct is 63 00:02:49,800 --> 00:02:53,000 Speaker 6: that we shouldn't jump in with both feature retaliate, So 64 00:02:53,040 --> 00:02:55,919 Speaker 6: in that sense I'm not changing my plans now. 65 00:02:55,919 --> 00:02:57,520 Speaker 2: He was in front of the Select Committee as Mate 66 00:02:57,560 --> 00:02:58,680 Speaker 2: Rachel was in the commons. 67 00:02:58,720 --> 00:03:01,760 Speaker 7: This is an anxious time for families who are worried 68 00:03:01,760 --> 00:03:05,720 Speaker 7: about the cost of living. We have your backs, and 69 00:03:05,800 --> 00:03:08,959 Speaker 7: British businesses who are worried about what a changing world 70 00:03:09,120 --> 00:03:12,000 Speaker 7: will mean for them, we have your backs too. 71 00:03:12,200 --> 00:03:14,400 Speaker 2: Meantime, the Trump team of finding the sand pit a 72 00:03:14,400 --> 00:03:16,880 Speaker 2: little bit crowded as Musk and Navarro go at it. 73 00:03:17,000 --> 00:03:21,000 Speaker 8: Navarro said about Musk that he was not a car manufacturer, 74 00:03:21,360 --> 00:03:23,080 Speaker 8: a car assembler. 75 00:03:23,320 --> 00:03:23,359 Speaker 9: No. 76 00:03:23,800 --> 00:03:27,520 Speaker 8: Musk's response to that has been to say if Peter Navarro, 77 00:03:28,240 --> 00:03:32,040 Speaker 8: he's a moron who is dumber than a sack of bricks. 78 00:03:32,280 --> 00:03:34,679 Speaker 2: Ah. And they're worry about Terriff's in London and in 79 00:03:34,720 --> 00:03:36,680 Speaker 2: Birmingham though they've got other problems. The reds are as 80 00:03:36,720 --> 00:03:38,680 Speaker 2: big as cat and the booms are still not empty. 81 00:03:38,800 --> 00:03:40,960 Speaker 10: So I understand how difficult this is for the people 82 00:03:40,960 --> 00:03:42,520 Speaker 10: in the city. This is why we're very keen to 83 00:03:42,520 --> 00:03:45,880 Speaker 10: get a resolution to the dispute, and also why are 84 00:03:45,880 --> 00:03:47,760 Speaker 10: we're taking the continuency mentions that we are as well 85 00:03:48,160 --> 00:03:51,040 Speaker 10: to ensure that we're providing support to the people. 86 00:03:51,320 --> 00:03:52,680 Speaker 3: And it's very difficult circumstance. 87 00:03:52,920 --> 00:03:55,400 Speaker 2: Royal News harries Beck and Court moaning about his lack 88 00:03:55,440 --> 00:03:56,480 Speaker 2: of security. 89 00:03:56,200 --> 00:03:59,880 Speaker 11: In his submission, it means that he has been single 90 00:04:00,080 --> 00:04:05,600 Speaker 11: out for different unjustified an inferior treatment. 91 00:04:05,960 --> 00:04:07,800 Speaker 2: And as he does, then his dad and step Mumer 92 00:04:07,840 --> 00:04:08,800 Speaker 2: seeing the sites of Rome. 93 00:04:08,840 --> 00:04:11,080 Speaker 12: While the tourists here the Colosseum probably got a bit 94 00:04:11,120 --> 00:04:13,720 Speaker 12: more of a show than they expected. Today you can 95 00:04:13,800 --> 00:04:16,960 Speaker 12: still just about here the Welsh Guards and the Sassari 96 00:04:17,120 --> 00:04:20,480 Speaker 12: Brigade bands who have been playing right inside the Colisseum 97 00:04:20,520 --> 00:04:22,640 Speaker 12: to welcome the King and Queen. 98 00:04:22,800 --> 00:04:25,080 Speaker 2: Finally, scientists claim to have found the Garden of Eden. 99 00:04:25,080 --> 00:04:28,000 Speaker 2: The main bloke is a computer scientist called Constantine. Anyways, 100 00:04:28,040 --> 00:04:29,960 Speaker 2: been looking at old maps and diagrams for the years, 101 00:04:30,000 --> 00:04:32,000 Speaker 2: and he believes the Bible talking about the river that 102 00:04:32,040 --> 00:04:34,520 Speaker 2: the garden of Edens near is actually referring to the mile, 103 00:04:35,040 --> 00:04:37,640 Speaker 2: so the gardens in Egypt. He also sees the Great 104 00:04:37,640 --> 00:04:39,839 Speaker 2: Pyramid of Giezer is in fact built on top of 105 00:04:39,960 --> 00:04:42,040 Speaker 2: where the Tree of Eternal Life is, so that will 106 00:04:42,080 --> 00:04:44,800 Speaker 2: be part of that big city that's underground that everyone's 107 00:04:44,839 --> 00:04:47,359 Speaker 2: interested in. All that could be complete and out of crap. 108 00:04:47,640 --> 00:04:49,120 Speaker 8: That is the news of the world in. 109 00:04:49,240 --> 00:04:52,880 Speaker 2: Nineteenth South Korea. By the way, they've I kepped you 110 00:04:52,920 --> 00:04:54,800 Speaker 2: up with South Korea. No one has kipped you up 111 00:04:54,839 --> 00:04:58,040 Speaker 2: with South Korea the way I have the impeached president. 112 00:04:58,080 --> 00:04:59,960 Speaker 2: They need to do something about that once they impeach, 113 00:05:00,279 --> 00:05:02,520 Speaker 2: so they need an election, a presidential election. Well I 114 00:05:02,600 --> 00:05:04,880 Speaker 2: have that for you. They've set the date overnight for 115 00:05:05,120 --> 00:05:07,800 Speaker 2: June three, So hopefully that's sorted once and for all. 116 00:05:07,839 --> 00:05:11,320 Speaker 2: Twelve past six, The. 117 00:05:11,400 --> 00:05:16,120 Speaker 1: Mic Asking Breakfast Full Show podcast on iHeartRadio powered by 118 00:05:16,240 --> 00:05:16,880 Speaker 1: News Talk. 119 00:05:16,760 --> 00:05:22,120 Speaker 2: Zeb opening debate last night Albanezi Dunton. Many people called 120 00:05:22,120 --> 00:05:23,560 Speaker 2: it a draw. A couple of people called it a 121 00:05:23,600 --> 00:05:26,520 Speaker 2: win for elbow. Most people call it boring. More shortly 122 00:05:26,520 --> 00:05:32,480 Speaker 2: fifteen past six, Jay am My Wealth Andrew callaher Good morning. Yeah, Moni, Mike, 123 00:05:32,680 --> 00:05:35,159 Speaker 2: is this stuff still live given I'm assuming some of 124 00:05:35,200 --> 00:05:37,760 Speaker 2: it was collected pre Liberation Day. 125 00:05:38,400 --> 00:05:44,600 Speaker 13: Yeah, you're talking about the ANXIQSBO. Well look just just quickly, 126 00:05:44,640 --> 00:05:47,719 Speaker 13: I mean, there's global fallout from the Trump tariff announcement 127 00:05:47,800 --> 00:05:50,160 Speaker 13: that's going to dominate financial hedal some time to come. 128 00:05:50,200 --> 00:05:52,719 Speaker 13: And just noting that we're only a few months into 129 00:05:52,720 --> 00:05:56,120 Speaker 13: a four year term, remember so, but we did have, 130 00:05:56,240 --> 00:05:59,040 Speaker 13: yes yesterday an important domestic survey. 131 00:05:58,800 --> 00:06:00,680 Speaker 14: Release so QSBO. 132 00:06:00,839 --> 00:06:03,560 Speaker 13: Now we know the RBNZ looked closely at the outputs 133 00:06:03,680 --> 00:06:07,040 Speaker 13: from this report. So it is reasonably important that there 134 00:06:07,080 --> 00:06:08,760 Speaker 13: is this caveat, as you say, and we're going to 135 00:06:08,800 --> 00:06:11,520 Speaker 13: have to use this caveat a lot over the coming weeks. 136 00:06:11,839 --> 00:06:12,239 Speaker 14: Micah. 137 00:06:12,240 --> 00:06:15,359 Speaker 13: Anything that was any data or any survey that was 138 00:06:15,360 --> 00:06:20,080 Speaker 13: collected before Liberation Day could quite possibly be out of date. 139 00:06:20,160 --> 00:06:21,480 Speaker 14: I mean, because sentiment in. 140 00:06:21,440 --> 00:06:23,560 Speaker 13: Particular could have taken a bit of a hit. But 141 00:06:24,240 --> 00:06:27,200 Speaker 13: what did we learn from the QSBO Well, headline business 142 00:06:27,240 --> 00:06:30,640 Speaker 13: confidence has lifted, with a net twenty three percent now 143 00:06:30,720 --> 00:06:35,640 Speaker 13: expecting general economic conditions to improve over the coming months, 144 00:06:35,640 --> 00:06:38,239 Speaker 13: and that's up from a net nine percent the previous quarter. 145 00:06:39,120 --> 00:06:42,600 Speaker 13: Forward but that that's forward looking, mic when you look 146 00:06:42,600 --> 00:06:44,680 Speaker 13: at actual runs on the board in gosh, how many 147 00:06:44,680 --> 00:06:45,080 Speaker 13: times have. 148 00:06:45,080 --> 00:06:45,560 Speaker 14: We said this? 149 00:06:45,680 --> 00:06:50,080 Speaker 13: At actual activity, a measure of firm's own trading activity 150 00:06:50,240 --> 00:06:53,800 Speaker 13: suggests weak demands. So we're seeing this difference between the 151 00:06:53,800 --> 00:06:57,080 Speaker 13: here and now and the forward looking explanation expectations. So 152 00:06:57,480 --> 00:07:01,159 Speaker 13: a net twenty one percent reported a decne in the 153 00:07:01,200 --> 00:07:04,359 Speaker 13: activity in their own business in the March quarter, so 154 00:07:04,560 --> 00:07:07,400 Speaker 13: that's still we're just still not seeing this come through yet. 155 00:07:07,839 --> 00:07:10,680 Speaker 13: There's also some caution around hiring, an investment that was 156 00:07:10,720 --> 00:07:13,800 Speaker 13: evident in the report. Also some evidence in the survey 157 00:07:13,960 --> 00:07:17,880 Speaker 13: of cost pressures. Now a net eight percent of firms 158 00:07:18,280 --> 00:07:21,800 Speaker 13: reported increasing their selling prices over the past three months, 159 00:07:21,800 --> 00:07:24,480 Speaker 13: So they're seeing those cost pressures. But that eight percent, 160 00:07:24,560 --> 00:07:28,440 Speaker 13: that's very low by historical comparisons, so suggest there is 161 00:07:28,640 --> 00:07:32,920 Speaker 13: little evidence of cost pressures being passed through. So from 162 00:07:32,920 --> 00:07:36,440 Speaker 13: an inflationary point of view, the survey seems pretty denied, 163 00:07:37,200 --> 00:07:39,480 Speaker 13: pretty benign. Now, the arbiens that are on the line 164 00:07:39,520 --> 00:07:42,600 Speaker 13: today their cashureate review. There is no monthary policy statement, 165 00:07:42,600 --> 00:07:44,360 Speaker 13: it's just official cash rate, and just looking at the 166 00:07:44,400 --> 00:07:47,400 Speaker 13: cash rate doesn't seem like there is anything to stand 167 00:07:47,400 --> 00:07:50,040 Speaker 13: in the way of twenty five basis point reduction, and 168 00:07:50,120 --> 00:07:51,800 Speaker 13: in the absence of a new governor, in the fact 169 00:07:51,800 --> 00:07:54,560 Speaker 13: that they clearly signal twenty five basis points, I think 170 00:07:54,600 --> 00:07:56,160 Speaker 13: they'll just rub a stamp that call. 171 00:07:56,000 --> 00:07:57,920 Speaker 2: Today okay, very good. Indeed, So what do we make 172 00:07:57,960 --> 00:07:59,840 Speaker 2: of what happened yesterday? Bits of Asia is still a 173 00:07:59,840 --> 00:08:03,040 Speaker 2: bit problematic, But we recovered dead cat bounce. What do 174 00:08:03,120 --> 00:08:03,320 Speaker 2: we got? 175 00:08:03,840 --> 00:08:04,040 Speaker 14: Yeah? 176 00:08:04,120 --> 00:08:06,000 Speaker 13: Well, I hate using the term dead cat bounce because 177 00:08:06,000 --> 00:08:07,360 Speaker 13: I'm sure there's a whole lot of you know pet 178 00:08:07,360 --> 00:08:09,040 Speaker 13: lovers out there that don't like it, but that is 179 00:08:09,080 --> 00:08:11,560 Speaker 13: actually kind of what we've seen. What we have seen 180 00:08:11,560 --> 00:08:13,720 Speaker 13: those the last twenty four hours might have been calmer, 181 00:08:14,160 --> 00:08:17,240 Speaker 13: so a little bit more settled across our time zone. Yesterday, 182 00:08:17,400 --> 00:08:20,280 Speaker 13: the INSIDEX gained just one hundred one percent. The AUSSI 183 00:08:20,400 --> 00:08:23,720 Speaker 13: market bounced two point three percent, so that's a reasonable bounce. 184 00:08:24,080 --> 00:08:25,560 Speaker 14: That trend continued. 185 00:08:25,120 --> 00:08:27,600 Speaker 13: Through Asia as well, so nick a six percent, but 186 00:08:27,680 --> 00:08:29,960 Speaker 13: it was down what eight percent the previous day. Hong 187 00:08:30,080 --> 00:08:34,640 Speaker 13: Kong Shanghai markets though a less enthusiastic bounce. Shang Ho 188 00:08:34,760 --> 00:08:37,560 Speaker 13: com'st up one point six percent. They hang seeing up 189 00:08:37,559 --> 00:08:41,160 Speaker 13: one and a half. But this volatility has continued over night, miake. 190 00:08:41,200 --> 00:08:43,320 Speaker 13: And actually when the US markets opened up, they had 191 00:08:43,320 --> 00:08:44,840 Speaker 13: a real spring in their stab, the S and P 192 00:08:44,920 --> 00:08:46,800 Speaker 13: five pounds a year, it was up four percent. But 193 00:08:47,080 --> 00:08:50,480 Speaker 13: as we've watched trading unfold, that rally has sort of faded, 194 00:08:50,559 --> 00:08:52,920 Speaker 13: although it's still up, but it's only up. Well, it 195 00:08:52,960 --> 00:08:54,960 Speaker 13: depends on what minutes you look at it. But let's 196 00:08:54,960 --> 00:08:57,679 Speaker 13: call it half a percent, shall we. Val Jones was 197 00:08:57,720 --> 00:09:00,360 Speaker 13: the same. It also opened up with a good bounds, 198 00:09:00,440 --> 00:09:02,800 Speaker 13: but now it's about that half a percent gain. 199 00:09:03,400 --> 00:09:05,400 Speaker 14: Interest rates have been interesting, Mike. In the last twenty 200 00:09:05,440 --> 00:09:06,160 Speaker 14: four hours. 201 00:09:05,920 --> 00:09:09,199 Speaker 13: Wholesale interest rates have done this massive sort of reversal. 202 00:09:09,679 --> 00:09:12,720 Speaker 13: The US long bond fell to three point nine to 203 00:09:12,720 --> 00:09:15,600 Speaker 13: oh it's now back at four point two to three. 204 00:09:15,440 --> 00:09:16,960 Speaker 14: So a lot of volatility there. 205 00:09:17,320 --> 00:09:19,760 Speaker 13: Our rates have done the full circuit to our tenure. 206 00:09:19,760 --> 00:09:24,000 Speaker 13: Government bond fell to four point three four, but that 207 00:09:24,200 --> 00:09:26,160 Speaker 13: interest rate yesterday shot back up. 208 00:09:26,000 --> 00:09:27,880 Speaker 14: To four point five four. 209 00:09:28,200 --> 00:09:30,040 Speaker 13: And I just want to make one comment though, mate, 210 00:09:30,080 --> 00:09:33,080 Speaker 13: because amidst all this tariff kerfuffle is the only thing 211 00:09:33,120 --> 00:09:36,359 Speaker 13: we can talk about. We have lost sight of some announcements, 212 00:09:36,480 --> 00:09:39,440 Speaker 13: that defense announcement yesterday, and we haven't talked about this. 213 00:09:39,679 --> 00:09:42,760 Speaker 13: So putting the actual defense spending to one side, there's 214 00:09:42,840 --> 00:09:45,000 Speaker 13: nine billion dollars of new spending in their mic. 215 00:09:46,080 --> 00:09:48,400 Speaker 14: You know, where can we afford that? Where's that money 216 00:09:48,440 --> 00:09:48,679 Speaker 14: coming to? 217 00:09:48,760 --> 00:09:51,960 Speaker 2: These questions? These are questions and it's all to be 218 00:09:52,000 --> 00:09:53,520 Speaker 2: revealed allegedly. 219 00:09:53,000 --> 00:09:53,600 Speaker 14: In the budget. 220 00:09:53,920 --> 00:09:56,640 Speaker 2: So exactly, I just have to wait a exactly what 221 00:09:56,640 --> 00:09:57,160 Speaker 2: are the numbers? 222 00:09:57,679 --> 00:10:00,679 Speaker 13: Okay, So for the record, Yeah, the Dow jones thirty 223 00:10:00,679 --> 00:10:03,000 Speaker 13: eight thousand, let's call it thirty eight thousand, two hundred 224 00:10:03,000 --> 00:10:06,079 Speaker 13: and twenty. That's up two thirsy percent, the S and 225 00:10:06,120 --> 00:10:08,920 Speaker 13: P five hundred up let's call it point four percent 226 00:10:09,200 --> 00:10:12,120 Speaker 13: five oh eight one, and the Nasdaq up point two 227 00:10:12,160 --> 00:10:15,280 Speaker 13: percent fifteen thousand, six hundred and thirty six. Yeah, quite 228 00:10:15,320 --> 00:10:17,439 Speaker 13: a strong rally in Europe. Last say, in the forty 229 00:10:17,520 --> 00:10:20,079 Speaker 13: one hundred up two point seven percent, so seven nine 230 00:10:20,120 --> 00:10:22,640 Speaker 13: one oh the mark there the Nickay, as I said, 231 00:10:22,720 --> 00:10:25,840 Speaker 13: was up six percent, so thirty three thy twelve Shanghai 232 00:10:25,880 --> 00:10:27,520 Speaker 13: composite three one four five. 233 00:10:28,120 --> 00:10:30,760 Speaker 14: The Ossie the A six two hundred closed at seven. 234 00:10:30,600 --> 00:10:33,160 Speaker 13: Five oh nine, as I said, two point three percent game, 235 00:10:33,200 --> 00:10:35,839 Speaker 13: and we closed at eleven thousand, eight hundred and ninety 236 00:10:35,880 --> 00:10:40,400 Speaker 13: one currencies. Might we're point five five five six against 237 00:10:40,480 --> 00:10:42,920 Speaker 13: the US. I just want to say that's probably the 238 00:10:42,960 --> 00:10:45,200 Speaker 13: weakest bar the GFC. 239 00:10:45,320 --> 00:10:46,840 Speaker 14: That's the weakest we've seen the Kiwi. 240 00:10:46,640 --> 00:10:50,160 Speaker 13: In probably twenty years Ossie point ninety nine one against 241 00:10:50,160 --> 00:10:53,160 Speaker 13: the against the Kiwi, but against the US, they're now 242 00:10:53,240 --> 00:10:55,600 Speaker 13: at levels we haven't seen in probably, you know. 243 00:10:55,600 --> 00:10:56,400 Speaker 14: Fifty years. 244 00:10:56,440 --> 00:10:59,360 Speaker 13: Bar you know a few episodes against the euro point 245 00:10:59,360 --> 00:11:01,400 Speaker 13: five to eight point four to three, four to six 246 00:11:01,400 --> 00:11:03,520 Speaker 13: against the pound eighty one point four Our Japanese end 247 00:11:03,640 --> 00:11:06,920 Speaker 13: Gold twenty nine hundred and eighty five dollars, and Brentkrut 248 00:11:07,040 --> 00:11:10,200 Speaker 13: has weakened again sixty three dollars and forty four cents. 249 00:11:10,280 --> 00:11:13,320 Speaker 2: Right mate, go well, Andrew Kelleher joemowealth dot co dot 250 00:11:13,400 --> 00:11:16,080 Speaker 2: m Z once again. I don't know whether this is 251 00:11:16,120 --> 00:11:18,719 Speaker 2: a liberation day, but to Manhattan's real estate market is 252 00:11:18,760 --> 00:11:21,280 Speaker 2: back big time, best first quarter in six years. Total 253 00:11:21,360 --> 00:11:24,439 Speaker 2: value of apartments sold almost six billion. That's US, so 254 00:11:24,520 --> 00:11:27,240 Speaker 2: make it about eleven billion New Zealand dollars, which is 255 00:11:27,320 --> 00:11:30,360 Speaker 2: up fifty six percent since the same time last year. 256 00:11:30,600 --> 00:11:33,480 Speaker 2: It's all high end luxury stuff twenty five hundred and 257 00:11:33,520 --> 00:11:36,320 Speaker 2: sixty sales in the quarter, which is up from nineteen 258 00:11:36,360 --> 00:11:38,160 Speaker 2: hundred and eighty eight. So someone's got money and they're 259 00:11:38,160 --> 00:11:41,080 Speaker 2: spending it on real estate. Six twenty one, He read 260 00:11:41,120 --> 00:11:41,880 Speaker 2: News Talks. 261 00:11:41,600 --> 00:11:42,000 Speaker 4: Will Be. 262 00:11:44,640 --> 00:11:49,600 Speaker 1: Good, the My Hosking Breakfast Full Show podcast on iHeartRadio 263 00:11:49,920 --> 00:11:52,440 Speaker 1: powered by News Talks A B Well. 264 00:11:53,520 --> 00:11:56,800 Speaker 2: Ratings are in for the final episode of White Lotus 265 00:11:56,960 --> 00:11:59,880 Speaker 2: for HBO six point two million. Is that good? It's 266 00:12:00,160 --> 00:12:03,400 Speaker 2: very good. It's a thirty percent increase on the previous 267 00:12:03,440 --> 00:12:06,560 Speaker 2: record six point two millions, a record thirty percent increase 268 00:12:06,600 --> 00:12:08,480 Speaker 2: on the previous record. What was the previous record four 269 00:12:08,520 --> 00:12:10,040 Speaker 2: point eight and that was the week before, So they're 270 00:12:10,040 --> 00:12:13,559 Speaker 2: sitting record after record and the finale this week of 271 00:12:13,600 --> 00:12:18,280 Speaker 2: six point two million is fifty percent bigger fifty than 272 00:12:18,360 --> 00:12:20,480 Speaker 2: season two. So for all the people who said it 273 00:12:20,520 --> 00:12:22,480 Speaker 2: wasn't as good as it used to be wrong, at 274 00:12:22,559 --> 00:12:24,120 Speaker 2: least you watched it six twenty. 275 00:12:23,800 --> 00:12:29,199 Speaker 1: Five trending now with chemist Well's keeping Kiwi's healthy all. 276 00:12:29,120 --> 00:12:31,679 Speaker 2: Year out on the telly. The first debate between Elberonesi 277 00:12:31,720 --> 00:12:34,360 Speaker 2: and Dunton last night, from my reading of reviews, didn't 278 00:12:34,360 --> 00:12:36,000 Speaker 2: actually miss a lot. They called each other a liar 279 00:12:36,000 --> 00:12:37,880 Speaker 2: a couple of times. Either was talk about bribes or 280 00:12:37,960 --> 00:12:40,920 Speaker 2: carrots that they're dangling the voter. Trump and Troists barely 281 00:12:40,920 --> 00:12:43,520 Speaker 2: got to mention, which is weird. There were three moments 282 00:12:43,559 --> 00:12:46,000 Speaker 2: that were considered key. Apparently the spending of the government. 283 00:12:46,040 --> 00:12:50,040 Speaker 15: Are you the biggest spending government since Whitlam so forty years? 284 00:12:50,440 --> 00:12:52,920 Speaker 15: In forty years, there has not been a higher. 285 00:12:52,679 --> 00:12:55,000 Speaker 14: Spending government than your government? Is that correct? 286 00:12:55,040 --> 00:12:56,800 Speaker 16: Well, that's not true except for the one that you 287 00:12:56,840 --> 00:13:00,920 Speaker 16: were a part of and COVID. 288 00:13:00,679 --> 00:13:04,360 Speaker 2: Of course, Dunton and nuclear energy plans. 289 00:13:04,120 --> 00:13:06,760 Speaker 15: That is I think transformational for our economy, but a 290 00:13:06,840 --> 00:13:08,920 Speaker 15: course opposed by the Prime Well let's hear him. 291 00:13:08,920 --> 00:13:11,600 Speaker 16: Well, the only gas policy that the Coalition have is 292 00:13:11,640 --> 00:13:14,720 Speaker 16: the gas lighting of the Australian public. He disagrees with 293 00:13:14,880 --> 00:13:17,600 Speaker 16: all of the experts which are out there, whether it's 294 00:13:17,640 --> 00:13:20,280 Speaker 16: the Australian Energy Market operator, everyone. 295 00:13:20,000 --> 00:13:20,839 Speaker 14: Who looks at it. 296 00:13:21,040 --> 00:13:25,160 Speaker 16: If the nuclear plan stacked up, the private sector would 297 00:13:25,200 --> 00:13:25,840 Speaker 16: invest in it. 298 00:13:26,280 --> 00:13:27,880 Speaker 2: And Medicare and doctor's appointments. 299 00:13:28,000 --> 00:13:31,480 Speaker 16: You just need your Medicare card, not your credit card, 300 00:13:31,920 --> 00:13:35,920 Speaker 16: because labor creative Medicare or strengthen Medicare. 301 00:13:35,960 --> 00:13:38,000 Speaker 15: Do you have to use your just your Medicare card 302 00:13:38,040 --> 00:13:39,360 Speaker 15: or do you have to use your credit card as. 303 00:13:39,280 --> 00:13:42,880 Speaker 6: Well, because most billing doesn't cover the full. 304 00:13:42,800 --> 00:13:43,880 Speaker 7: Chance up to pay something. 305 00:13:45,280 --> 00:13:47,360 Speaker 15: Thank you very much and I appreciate it because yours 306 00:13:47,440 --> 00:13:50,640 Speaker 15: is the story of literally hundreds of thousands, millions of Australians. 307 00:13:50,920 --> 00:13:54,440 Speaker 2: Sky News, ABC nine News called it for Elberannezy. Sydney 308 00:13:54,480 --> 00:13:57,880 Speaker 2: Morning Hero called it a draw Sydney Morning Herald. If 309 00:13:57,880 --> 00:13:59,800 Speaker 2: you came for sawing rhetoric and a powerful vision of 310 00:13:59,880 --> 00:14:03,200 Speaker 2: US Tralia's future, you landed at the wrong address in 311 00:14:03,240 --> 00:14:06,160 Speaker 2: the form of a Democratic People's forum in Sydney's western suburbs. 312 00:14:06,160 --> 00:14:08,640 Speaker 2: It was prosaic. Neither leader landed much of a blow 313 00:14:08,679 --> 00:14:10,720 Speaker 2: on the other. The best you could say was they 314 00:14:10,760 --> 00:14:14,720 Speaker 2: were both solid and neither stuffed up. That was a draw. 315 00:14:14,840 --> 00:14:16,320 Speaker 2: As far as the people there were concerned, there were 316 00:14:16,320 --> 00:14:20,000 Speaker 2: one hundred undecided. They never undecided, pilot crap anyway, there 317 00:14:20,000 --> 00:14:22,120 Speaker 2: are a hundred people who had clearly nothing better to 318 00:14:22,160 --> 00:14:24,200 Speaker 2: do with their lives. Forty four said that vote for 319 00:14:24,240 --> 00:14:27,360 Speaker 2: Elbanezy thirty five said that vote for Dutton, which doesn't 320 00:14:27,400 --> 00:14:29,240 Speaker 2: tell us who they were voting for before because they 321 00:14:29,240 --> 00:14:31,240 Speaker 2: were lying when they said they're undecided. So we all 322 00:14:31,240 --> 00:14:34,240 Speaker 2: know how that game works. So after eight thirty Steve Price, 323 00:14:34,280 --> 00:14:35,600 Speaker 2: who would have been part of that. Of course he 324 00:14:35,840 --> 00:14:39,680 Speaker 2: is with us on the program and in a moment, houses, 325 00:14:40,160 --> 00:14:42,040 Speaker 2: we've got some good news. If you've ever thought about 326 00:14:42,040 --> 00:14:45,400 Speaker 2: building allegedly, there's never been a better time to do so. 327 00:14:45,520 --> 00:14:48,640 Speaker 2: Crunch through a few numbers for you in a moment. Meantime, 328 00:14:48,640 --> 00:14:50,640 Speaker 2: the news is next hered news talk, said. 329 00:14:55,360 --> 00:15:00,360 Speaker 1: Mike cosgame been safeld with them gagging and Vidal Mike 330 00:15:00,440 --> 00:15:05,280 Speaker 1: Hosking Breakfast with Alvida retirement communities, life, your way, youth 331 00:15:05,320 --> 00:15:05,880 Speaker 1: talks dead be. 332 00:15:06,040 --> 00:15:07,760 Speaker 2: When we come to this morning, the Dow was up 333 00:15:07,760 --> 00:15:10,000 Speaker 2: about twelve hundred points. We're thinking, oh, if things are 334 00:15:10,000 --> 00:15:12,440 Speaker 2: recovering slightly, it's now down thirty five, so it's still 335 00:15:12,440 --> 00:15:15,520 Speaker 2: on a wild wild ride. Meantime, in the White House, 336 00:15:15,960 --> 00:15:20,600 Speaker 2: Navarro calls Elon Musk akar assembler. Musk calls Navarro a 337 00:15:20,720 --> 00:15:24,800 Speaker 2: moron and is dumber than a sack of bricks, which 338 00:15:24,840 --> 00:15:28,600 Speaker 2: brings in the evangelical Carolyn Levitt, who has to explain 339 00:15:29,120 --> 00:15:30,040 Speaker 2: how old this works. 340 00:15:30,280 --> 00:15:32,840 Speaker 17: Boys will be boys, and we will let their public 341 00:15:32,880 --> 00:15:35,920 Speaker 17: sparring continue. And you guys should all be very grateful 342 00:15:35,920 --> 00:15:38,800 Speaker 17: that we have the most transparent administration in history. And 343 00:15:39,240 --> 00:15:42,280 Speaker 17: I think it also speaks to the President's willingness to 344 00:15:42,320 --> 00:15:44,400 Speaker 17: hear from all sides that he has people at the 345 00:15:44,480 --> 00:15:46,880 Speaker 17: highest levels of dis government in this White House who 346 00:15:46,920 --> 00:15:50,360 Speaker 17: have very diverse opinions on very diverse issues. But the 347 00:15:50,360 --> 00:15:53,120 Speaker 17: President takes all opinions in mind, and then he makes 348 00:15:53,120 --> 00:15:56,040 Speaker 17: the best decision based on the best interests of the 349 00:15:56,080 --> 00:15:56,880 Speaker 17: American public. 350 00:15:57,440 --> 00:15:58,120 Speaker 18: I love it. 351 00:15:59,040 --> 00:16:01,160 Speaker 2: You couldn't find me in to weis spend that chip 352 00:16:01,640 --> 00:16:04,320 Speaker 2: twenty two minutes away from seven. Richard Arnold more on 353 00:16:04,320 --> 00:16:06,160 Speaker 2: that in just a couple of Minmes's got some very 354 00:16:06,200 --> 00:16:08,680 Speaker 2: encouraging numbers around the cost of building a home. So 355 00:16:08,760 --> 00:16:11,720 Speaker 2: call Logic's latest construction cost in Dick shows us the 356 00:16:11,800 --> 00:16:14,280 Speaker 2: price to build as the lowest it's been since twenty twelve. 357 00:16:14,360 --> 00:16:16,880 Speaker 2: So it's this good generation homes bost Craig Harrison's with us, 358 00:16:17,120 --> 00:16:21,000 Speaker 2: Craig morning, Good morning mate. So it's not going back down, 359 00:16:21,120 --> 00:16:24,800 Speaker 2: it's moderation at an elevated levels. People sort of settled 360 00:16:24,840 --> 00:16:27,240 Speaker 2: with the number and feel good about building, or we've 361 00:16:27,240 --> 00:16:28,280 Speaker 2: still got some way to go. 362 00:16:29,160 --> 00:16:30,640 Speaker 19: We've still got a bit of a way to go. 363 00:16:31,200 --> 00:16:34,000 Speaker 19: I mean, our biggest competition is obviously the existing market 364 00:16:34,160 --> 00:16:36,440 Speaker 19: and that you know, you've got a very high level there. 365 00:16:36,480 --> 00:16:38,680 Speaker 19: It's about thirty three thousand houses up for sale in 366 00:16:38,720 --> 00:16:41,240 Speaker 19: that space, and there's quite a few of the public 367 00:16:41,240 --> 00:16:43,920 Speaker 19: that sort of have that I want it and I 368 00:16:43,960 --> 00:16:46,800 Speaker 19: want it now mentality, So that doesn't quite fit into 369 00:16:46,880 --> 00:16:48,960 Speaker 19: what we do. But as far as building a house 370 00:16:49,040 --> 00:16:50,400 Speaker 19: right now, it is at the perfect time. 371 00:16:50,880 --> 00:16:53,920 Speaker 2: How much do you deal with the individual like, you know, 372 00:16:53,960 --> 00:16:56,240 Speaker 2: the mum and dad investor or the first time buyer 373 00:16:56,320 --> 00:16:58,800 Speaker 2: versus a developer, and you build up fifty seven of them, 374 00:16:58,840 --> 00:16:59,680 Speaker 2: then you flick them off. 375 00:17:01,080 --> 00:17:04,359 Speaker 19: Generation homes is more about where we deal with the 376 00:17:04,560 --> 00:17:07,879 Speaker 19: mar and PA run people who are looking to go 377 00:17:07,960 --> 00:17:10,680 Speaker 19: into a home, who are wanting to build something for themselves. 378 00:17:10,680 --> 00:17:14,080 Speaker 19: We're not a developer of big scale where we tend 379 00:17:14,080 --> 00:17:17,040 Speaker 19: to work individually with each individual person and give them 380 00:17:17,080 --> 00:17:17,520 Speaker 19: their dream. 381 00:17:17,560 --> 00:17:20,639 Speaker 2: Really, what's your square meter? What's the square meter cost? 382 00:17:20,760 --> 00:17:21,960 Speaker 2: Roughly at the moment. 383 00:17:22,520 --> 00:17:24,639 Speaker 19: Well, that's very hard to say because it depends on 384 00:17:24,680 --> 00:17:29,000 Speaker 19: what you're building. You can get anywhere around that sort 385 00:17:29,000 --> 00:17:31,399 Speaker 19: of you know, three to four thousand dollar mark is 386 00:17:31,440 --> 00:17:34,480 Speaker 19: going to get you a pretty reasonable home, and then 387 00:17:34,520 --> 00:17:36,480 Speaker 19: you can also spend seven to eight thousand dollars a 388 00:17:36,520 --> 00:17:38,240 Speaker 19: SCOO meter to give you a home. So it really 389 00:17:38,280 --> 00:17:41,280 Speaker 19: comes down to what you're building and yeah, sort of 390 00:17:41,320 --> 00:17:44,359 Speaker 19: the requirements that you're acquiring as a family to live in. 391 00:17:44,680 --> 00:17:48,040 Speaker 2: Okay, do the message about it never being a better time? 392 00:17:48,119 --> 00:17:50,080 Speaker 2: Is this a long term thing? Do you think the 393 00:17:50,160 --> 00:17:52,840 Speaker 2: things that have been driving the inflation over the COVID 394 00:17:52,880 --> 00:17:56,040 Speaker 2: period and post that are settled for good? 395 00:17:56,920 --> 00:17:57,160 Speaker 3: Yeah? 396 00:17:57,200 --> 00:17:59,280 Speaker 19: I mean I sort of hollow to a couple of 397 00:17:59,280 --> 00:18:01,639 Speaker 19: things recently around why it's good to build. I mean, 398 00:18:01,680 --> 00:18:03,560 Speaker 19: obviously the interest rates have come down and new you 399 00:18:03,600 --> 00:18:06,920 Speaker 19: sort of spoke earlier around another drop in the oci rate. 400 00:18:07,280 --> 00:18:08,960 Speaker 19: So if you look at some of your rates there, 401 00:18:09,000 --> 00:18:11,000 Speaker 19: I mean a two year rate average has been six 402 00:18:11,080 --> 00:18:13,040 Speaker 19: point five one over the last of the twenty years, 403 00:18:13,040 --> 00:18:14,639 Speaker 19: and now it's down to four point ninet nine, So 404 00:18:15,000 --> 00:18:17,680 Speaker 19: good time to do that. The supply chain has indicated 405 00:18:17,720 --> 00:18:21,200 Speaker 19: some potential increases coming in quarter to and quarter three. 406 00:18:21,720 --> 00:18:24,280 Speaker 19: You've got banks has now started to sort of say hey, 407 00:18:24,320 --> 00:18:27,240 Speaker 19: we're back into the lending space and have dropped some 408 00:18:27,280 --> 00:18:29,600 Speaker 19: of their ratios to make it work. And then you've 409 00:18:29,600 --> 00:18:31,760 Speaker 19: also got obviously you're at the bottom of the market, 410 00:18:31,800 --> 00:18:34,119 Speaker 19: so you have that opportunity to get those capital games. 411 00:18:34,400 --> 00:18:37,760 Speaker 2: So we had the business confidence survey yesterday. Where's your 412 00:18:37,840 --> 00:18:41,360 Speaker 2: business confidence at right now? And going forward your positive 413 00:18:41,400 --> 00:18:42,760 Speaker 2: or negatible neutral. 414 00:18:43,760 --> 00:18:46,920 Speaker 19: Probably neutral for the next six months, and then looking 415 00:18:47,000 --> 00:18:48,200 Speaker 19: to be positive thereafter. 416 00:18:48,600 --> 00:18:51,119 Speaker 2: Good stuff, Craig, appreciate your INSIGHTE Craig Harrison, who's the 417 00:18:51,200 --> 00:18:55,480 Speaker 2: Generation Home CEO, nineteen minutes away from seven pasking back 418 00:18:55,480 --> 00:18:58,560 Speaker 2: to the evangelical Carolyn at the White House. So they 419 00:18:58,560 --> 00:19:01,040 Speaker 2: have this new system whereby somebody from the media who 420 00:19:01,040 --> 00:19:04,280 Speaker 2: hasn't been in there before. Some fringe media groupie who's 421 00:19:04,359 --> 00:19:05,879 Speaker 2: never been able to go to the White House and 422 00:19:05,920 --> 00:19:08,520 Speaker 2: ask a question gets to ask a question. This one 423 00:19:08,560 --> 00:19:09,680 Speaker 2: tuned out to be quite good. 424 00:19:09,920 --> 00:19:13,639 Speaker 17: Keep explain the White House's evolution from this is not 425 00:19:13,760 --> 00:19:17,159 Speaker 17: a negotiation on terroriffs too. Countries should pitch us and 426 00:19:17,320 --> 00:19:18,680 Speaker 17: start negotiations for sure. 427 00:19:19,040 --> 00:19:21,639 Speaker 9: As the President said yesterday, Jasmine, both things can be 428 00:19:21,680 --> 00:19:23,800 Speaker 9: true at the same time, and it is a non 429 00:19:23,800 --> 00:19:27,280 Speaker 9: negotiable position that the United States has faced a national 430 00:19:27,280 --> 00:19:30,960 Speaker 9: security and economic crisis because of the unfair trade practices 431 00:19:31,240 --> 00:19:34,119 Speaker 9: by countries around the world. As for the President, I 432 00:19:34,200 --> 00:19:35,280 Speaker 9: have maintained this position. 433 00:19:35,320 --> 00:19:38,159 Speaker 17: The entire administration has always said that President Trump is 434 00:19:38,200 --> 00:19:39,880 Speaker 17: willing to pick up the phone and talk. 435 00:19:40,640 --> 00:19:43,040 Speaker 2: Both things can be true. In fact, if you close 436 00:19:43,080 --> 00:19:46,119 Speaker 2: your eyes and hum everything can be true if you 437 00:19:46,160 --> 00:19:49,480 Speaker 2: think hard enough. Mike Hamish Campbell Harris for being a 438 00:19:49,480 --> 00:19:52,479 Speaker 2: member of a church. Benjamin Doyle hardly touched. Come on. 439 00:19:53,160 --> 00:19:55,159 Speaker 2: So there's a bit of ankst around that text. As 440 00:19:55,200 --> 00:19:56,840 Speaker 2: you can tell. The Hamish Campbell thing if you know 441 00:19:56,920 --> 00:19:59,080 Speaker 2: that with it involves the church, a church you probably 442 00:19:59,119 --> 00:20:00,840 Speaker 2: never heard of. I don't I think he was arressed? 443 00:20:00,840 --> 00:20:02,840 Speaker 2: He was asked a couple of simple questions. He's a 444 00:20:02,880 --> 00:20:06,040 Speaker 2: publicly elected official. But more shortly eighteen to two. 445 00:20:06,600 --> 00:20:11,199 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered 446 00:20:11,240 --> 00:20:11,920 Speaker 1: by News. 447 00:20:11,680 --> 00:20:14,679 Speaker 2: Talks, it be well, he might. We're backing ourselves and 448 00:20:14,680 --> 00:20:18,560 Speaker 2: building in christ Church, high quality home, high stud tile baths. 449 00:20:18,960 --> 00:20:21,080 Speaker 2: I'm sure you're not putting tiles in the bathroom. I'm 450 00:20:21,160 --> 00:20:24,680 Speaker 2: assuming him meaning a tiled bathroom, large quealer decking thirty 451 00:20:24,720 --> 00:20:26,800 Speaker 2: three hundred and eighty three, a square meet out there 452 00:20:26,800 --> 00:20:27,920 Speaker 2: you go, You're living the dream. 453 00:20:28,000 --> 00:20:32,440 Speaker 20: Sixteen to two International Correspondence with ends an eye insurance, 454 00:20:32,600 --> 00:20:35,000 Speaker 20: peace of mind for New Zealand, business of an old. 455 00:20:34,840 --> 00:20:37,480 Speaker 2: Make yesterday up and lead in Auckland for christ Church. 456 00:20:37,560 --> 00:20:39,040 Speaker 2: They thought there's nothing here for us, let's go to 457 00:20:39,119 --> 00:20:41,160 Speaker 2: christ Church. Found a beautiful place in ridclips So they're 458 00:20:41,200 --> 00:20:43,320 Speaker 2: living their dream as well. Now, Richard, how are you 459 00:20:46,280 --> 00:20:46,760 Speaker 2: you there? 460 00:20:46,760 --> 00:20:46,960 Speaker 21: He is? 461 00:20:47,000 --> 00:20:50,680 Speaker 2: My apologies, Richard Simon said. The tariffs, where are we at? 462 00:20:52,280 --> 00:20:53,199 Speaker 22: Tariffs and markets? 463 00:20:53,240 --> 00:20:53,440 Speaker 14: Yeah? 464 00:20:53,480 --> 00:20:55,159 Speaker 22: You know it is obvious. During the madness of the 465 00:20:55,160 --> 00:20:57,560 Speaker 22: past twenty four hours, which saw the biggest windows swing 466 00:20:57,560 --> 00:20:58,639 Speaker 22: in the history of the Dow. 467 00:21:00,000 --> 00:21:00,240 Speaker 4: Street. 468 00:21:00,240 --> 00:21:02,680 Speaker 22: Investors are desperate for any sign of a break from 469 00:21:02,920 --> 00:21:05,080 Speaker 22: this tariff threat, even if fake news that Trump might 470 00:21:05,119 --> 00:21:07,439 Speaker 22: be considering an only day pause at the market like 471 00:21:07,480 --> 00:21:09,680 Speaker 22: a rocket. It's been up and down again today. Right 472 00:21:09,720 --> 00:21:11,640 Speaker 22: now it's down just a few points. As the Trump 473 00:21:11,680 --> 00:21:15,400 Speaker 22: team has been talking about negotiations with some countries. 474 00:21:15,440 --> 00:21:15,640 Speaker 23: Sirs. 475 00:21:15,640 --> 00:21:20,639 Speaker 24: Trump, virtually every country wants to negotiate. If I didn't 476 00:21:20,680 --> 00:21:23,480 Speaker 24: do what I did over the last couple of weeks, 477 00:21:23,920 --> 00:21:25,760 Speaker 24: you wouldn't have anybody wants to negotia. 478 00:21:25,880 --> 00:21:27,800 Speaker 22: Yeah, so at least he's talking about that now. US 479 00:21:27,880 --> 00:21:30,840 Speaker 22: Treasury secretary has got better and there's some seventy countries 480 00:21:30,920 --> 00:21:34,040 Speaker 22: made contexts on this, and a couple of them are 481 00:21:34,320 --> 00:21:36,920 Speaker 22: also moving to have talks with the White House. 482 00:21:37,040 --> 00:21:37,360 Speaker 25: We have. 483 00:21:38,920 --> 00:21:41,600 Speaker 19: One of the themers officials coming in this week. The 484 00:21:41,760 --> 00:21:44,640 Speaker 19: Japanese are very eager to get over and I think 485 00:21:44,640 --> 00:21:46,760 Speaker 19: you're going to see a couple of big trading partners 486 00:21:46,800 --> 00:21:48,400 Speaker 19: in deals very well. 487 00:21:48,520 --> 00:21:50,639 Speaker 22: Not China. They say they will not be bullied in 488 00:21:50,680 --> 00:21:53,440 Speaker 22: the White House says the so called reciprocal tariffs will 489 00:21:53,480 --> 00:21:57,040 Speaker 22: take effect from midnight here, including an additional fifty percent 490 00:21:57,200 --> 00:22:00,400 Speaker 22: on goods from China. At a briefing a short time ago, 491 00:22:00,640 --> 00:22:03,520 Speaker 22: Trump's press person said the presents would like to see 492 00:22:04,040 --> 00:22:06,920 Speaker 22: iPhones made in the United States. You know, Apple has 493 00:22:07,200 --> 00:22:10,000 Speaker 22: lost about twenty percent of its value in the last 494 00:22:11,000 --> 00:22:13,200 Speaker 22: three days and says it is now planning to supply 495 00:22:13,760 --> 00:22:16,159 Speaker 22: more iPhones from India, not China. So none of this 496 00:22:16,320 --> 00:22:20,399 Speaker 22: is settled. Higher prices could be felt here within days 497 00:22:20,560 --> 00:22:24,440 Speaker 22: on cars, on food, and other items, so this is 498 00:22:24,520 --> 00:22:27,879 Speaker 22: really starting to bite. As for iPhones, they're saying that 499 00:22:28,000 --> 00:22:31,879 Speaker 22: the prospect of talking about iPhones being made in the 500 00:22:31,960 --> 00:22:34,960 Speaker 22: United States is absurd because it would cost in many 501 00:22:35,080 --> 00:22:39,360 Speaker 22: thousands of dollars, is the estimate. None of this, obviously 502 00:22:39,480 --> 00:22:42,280 Speaker 22: is settled. Meantime, Elon Musk, as you've been hearing a 503 00:22:42,320 --> 00:22:44,479 Speaker 22: split with Trump on tariffs, with the White House now 504 00:22:44,920 --> 00:22:48,560 Speaker 22: saying quote, boys will be boys, and so that's his 505 00:22:48,800 --> 00:22:52,080 Speaker 22: take on this. But Musk also posted the nineteen fifty 506 00:22:52,160 --> 00:22:56,240 Speaker 22: zero video of conservative economist Milton Friedman talking about the pencil. Yeah, 507 00:22:56,280 --> 00:22:58,200 Speaker 22: the humble pencil and how it could not be made 508 00:22:58,280 --> 00:23:01,760 Speaker 22: without free trade. Here is part of Musque's post. 509 00:23:01,840 --> 00:23:04,400 Speaker 26: There's not a single person in the world who could 510 00:23:04,440 --> 00:23:09,040 Speaker 26: make this pencil. Remarkable statement not at all. The wood 511 00:23:09,320 --> 00:23:11,600 Speaker 26: from which it's made, for all I know, comes from 512 00:23:11,600 --> 00:23:13,479 Speaker 26: a tree that was cut down in the state of Washington. 513 00:23:13,840 --> 00:23:16,760 Speaker 26: To cut down that tree, it took a saw to 514 00:23:16,880 --> 00:23:19,399 Speaker 26: make the saw. It took steel to make the steal. 515 00:23:19,640 --> 00:23:24,400 Speaker 26: It took iron ore. This black center we call it lead, 516 00:23:24,440 --> 00:23:28,440 Speaker 26: but it's really graphight compressed graphite. I'm not sure where 517 00:23:28,480 --> 00:23:30,480 Speaker 26: it comes from, but I think it comes from some 518 00:23:30,600 --> 00:23:34,680 Speaker 26: mines in South America. This red top of here, the 519 00:23:34,800 --> 00:23:38,800 Speaker 26: eraser bit of rubber probably comes from Malaya, where the 520 00:23:38,880 --> 00:23:41,560 Speaker 26: rubber tree isn't even native. Who was imported from South 521 00:23:41,640 --> 00:23:44,280 Speaker 26: America by some businessmen who was the help of the 522 00:23:44,320 --> 00:23:45,080 Speaker 26: British government. 523 00:23:46,040 --> 00:23:48,720 Speaker 22: So it's an interesting history. Musks is he wants zero 524 00:23:49,000 --> 00:23:50,520 Speaker 22: terrace with Europe. 525 00:23:50,320 --> 00:23:54,440 Speaker 26: Effectively creating a free trade zone between Europe and North America. 526 00:23:55,160 --> 00:23:57,560 Speaker 22: So what take Experts are welcome from everywhere to travel 527 00:23:57,600 --> 00:24:00,680 Speaker 22: to Silicon Feilio or to Elon Musk's cap plans, except 528 00:24:00,720 --> 00:24:03,639 Speaker 22: maybe not from Mexico. Mask also has split with Trump's 529 00:24:03,640 --> 00:24:06,679 Speaker 22: economic advisor Pete Navarro, as you've been hearing, calling him 530 00:24:06,680 --> 00:24:08,960 Speaker 22: a moron and dumber than a sack of bricks. This 531 00:24:09,119 --> 00:24:11,560 Speaker 22: after Navarro said Mosk is not a car manufacturer but 532 00:24:11,680 --> 00:24:14,040 Speaker 22: a car assembler. So yeah, sort of stuff that Trump 533 00:24:14,160 --> 00:24:14,800 Speaker 22: really enjoys. 534 00:24:14,920 --> 00:24:17,320 Speaker 2: And then we've got RFK and the MAHA movement. Where 535 00:24:17,359 --> 00:24:18,280 Speaker 2: are we at with the measles? 536 00:24:19,440 --> 00:24:22,359 Speaker 22: Yeah, markets down, measles up. The US is dealing with 537 00:24:22,440 --> 00:24:25,440 Speaker 22: the worst measles outbreak in decades, or because many people 538 00:24:25,560 --> 00:24:27,800 Speaker 22: are not getting their kids vaccinated. So in parts of 539 00:24:27,880 --> 00:24:30,679 Speaker 22: Texas where the anti vac sentiment are strong, we are 540 00:24:30,720 --> 00:24:33,879 Speaker 22: seeing hundreds of cases and measles. Now, two children have 541 00:24:33,960 --> 00:24:37,160 Speaker 22: died of it, including an unvaccinated eight year old girl. 542 00:24:37,400 --> 00:24:39,880 Speaker 22: There are more than six hundred cases in the US 543 00:24:39,960 --> 00:24:43,199 Speaker 22: so far this year, and they've spread into eighteen states. 544 00:24:43,560 --> 00:24:46,120 Speaker 22: Health Secretary Arak Junior, who are said in the past 545 00:24:46,160 --> 00:24:47,920 Speaker 22: that measles can be good for you if you get 546 00:24:47,960 --> 00:24:51,080 Speaker 22: over it. Well, this young girl did not get over it. 547 00:24:51,400 --> 00:24:53,800 Speaker 22: RFK traveled to Texas to attend a funeral and he 548 00:24:53,840 --> 00:24:57,280 Speaker 22: issued a statement where he reversed decades of his own remarks, saying, quote, 549 00:24:57,280 --> 00:24:59,400 Speaker 22: the most effective way to prevent the spread of measles 550 00:25:00,160 --> 00:25:05,560 Speaker 22: is quote the MMR vaccine end quote. Then, after leaving 551 00:25:05,640 --> 00:25:08,560 Speaker 22: that funeral, outer K Folston praising a Texas doctor is 552 00:25:08,600 --> 00:25:11,960 Speaker 22: called mass infections of meadles quote God's version of immunization. 553 00:25:12,200 --> 00:25:12,359 Speaker 9: You know. 554 00:25:12,720 --> 00:25:15,880 Speaker 22: In twenty nineteen, RFK went off to Samoa during their 555 00:25:16,000 --> 00:25:18,680 Speaker 22: measles outbreak, which led to fifty seven hundred cases and 556 00:25:18,760 --> 00:25:22,640 Speaker 22: eighty three deaths due to decreased vaccination race there, which 557 00:25:22,840 --> 00:25:25,800 Speaker 22: RFK had endorsed on that trip. The measles, by the way, 558 00:25:25,920 --> 00:25:28,560 Speaker 22: arrived in Samoa from New Zealand carried on a steamer 559 00:25:28,640 --> 00:25:31,120 Speaker 22: in eighteen ninety three, and over one thousand people died 560 00:25:31,119 --> 00:25:34,280 Speaker 22: at that time. Epidemiologist doctor Michael Miner says he is 561 00:25:34,400 --> 00:25:37,359 Speaker 22: terrified these US resurgence could be the start of another 562 00:25:37,720 --> 00:25:41,600 Speaker 22: measles Academic here his take on the situation. 563 00:25:41,840 --> 00:25:43,880 Speaker 16: As we start to see a case in one community 564 00:25:43,960 --> 00:25:48,560 Speaker 16: start to spoke, it has its risking igniting Franklin a 565 00:25:48,720 --> 00:25:50,400 Speaker 16: nationwied outbreak. 566 00:25:50,600 --> 00:25:53,040 Speaker 22: He notes that measles, as one of the most contagious 567 00:25:53,280 --> 00:25:56,040 Speaker 22: viruses known, can spread from one case to dozens of people, 568 00:25:56,160 --> 00:25:59,560 Speaker 22: causing not only a ration of fever, but also brain inflammation, 569 00:25:59,680 --> 00:26:03,520 Speaker 22: per disability, and death, as in this latest instance. 570 00:26:03,800 --> 00:26:06,520 Speaker 2: One see you Friday. Richard Arnold stateside, I've got a 571 00:26:06,560 --> 00:26:09,640 Speaker 2: receipt in front of me from a place called Fabletics, 572 00:26:10,280 --> 00:26:14,520 Speaker 2: which is out of China, and so the order subtotal 573 00:26:14,560 --> 00:26:16,840 Speaker 2: five hundred and sixty four dollars sixty you take off 574 00:26:16,880 --> 00:26:19,000 Speaker 2: one hundred and seventy five dollars for your total VIP 575 00:26:19,160 --> 00:26:21,360 Speaker 2: savings and you get a discount of twenty one ninety eight. 576 00:26:21,880 --> 00:26:24,879 Speaker 2: Shipping is free, so that's encouraging. But now we've got 577 00:26:24,920 --> 00:26:28,160 Speaker 2: a new addition to the bill. It's called a tariff surcharge, 578 00:26:28,760 --> 00:26:31,120 Speaker 2: and the tariff'sur charge on this particular receipt is forty 579 00:26:31,119 --> 00:26:33,280 Speaker 2: four dollars and nine cent bring the total order to 580 00:26:33,280 --> 00:26:35,240 Speaker 2: four hundred and eleven dollars seventy one. So it's real, 581 00:26:35,359 --> 00:26:37,080 Speaker 2: it's arrived, it's happening in nine to seven. 582 00:26:37,600 --> 00:26:41,680 Speaker 1: The Mike Hosking Breakfast with a Vita Retirement Communities news 583 00:26:41,760 --> 00:26:42,560 Speaker 1: togs had been. 584 00:26:42,600 --> 00:26:45,400 Speaker 2: So amidst the unanswerable questions around tariff's. Of course, people 585 00:26:45,520 --> 00:26:46,760 Speaker 2: did want to know about some of the pool. I 586 00:26:46,800 --> 00:26:49,399 Speaker 2: was watching an interview yesterday. Los Soto has virtually no 587 00:26:49,600 --> 00:26:52,640 Speaker 2: trade with America, and the reason they have no trade 588 00:26:52,640 --> 00:26:54,520 Speaker 2: with America is they're all poor. They earned three dollars 589 00:26:54,560 --> 00:26:56,840 Speaker 2: on average per person per day, so they can't afford 590 00:26:56,840 --> 00:26:58,879 Speaker 2: anything from America. But they're still been whacked with tariffs. 591 00:26:58,880 --> 00:27:00,560 Speaker 2: How does that work? What about the ping? How con 592 00:27:00,600 --> 00:27:03,080 Speaker 2: the penguin's got weik with tars? And what about madagesca well. 593 00:27:03,040 --> 00:27:06,560 Speaker 17: The reciprocal tariff rates that were implemented by country. We're 594 00:27:06,600 --> 00:27:10,120 Speaker 17: focused on the monetary tariff that those countries have imposed 595 00:27:10,119 --> 00:27:12,919 Speaker 17: on the United States, but also the non monetary tariff 596 00:27:12,960 --> 00:27:15,480 Speaker 17: barriers and the regulations, if you will, that have been 597 00:27:15,520 --> 00:27:17,680 Speaker 17: put into effect over the years making it harder for 598 00:27:17,760 --> 00:27:22,120 Speaker 17: America to export to these countries. These were very carefully 599 00:27:22,240 --> 00:27:25,639 Speaker 17: crafted numbers. There was also a ten percent baseline tariff 600 00:27:25,680 --> 00:27:28,119 Speaker 17: across the board as well as you know, moving forward, 601 00:27:28,200 --> 00:27:31,000 Speaker 17: the President will talk to any country that picks up 602 00:27:31,000 --> 00:27:32,480 Speaker 17: the phone to call, and I can tell you the 603 00:27:32,560 --> 00:27:34,440 Speaker 17: phones have been ringing off the hook. 604 00:27:35,280 --> 00:27:40,240 Speaker 2: SHEII generated five minutes away from seven holl the ins 605 00:27:40,480 --> 00:27:41,119 Speaker 2: and the outs. 606 00:27:41,400 --> 00:27:45,480 Speaker 1: It's the fizz with business tiber take your business productivity 607 00:27:45,600 --> 00:27:46,480 Speaker 1: to the mixed level. 608 00:27:46,640 --> 00:27:49,000 Speaker 2: Related matter is the oil plunge. At the moment they 609 00:27:49,040 --> 00:27:50,359 Speaker 2: reckon it's going to be short lived. You got a 610 00:27:50,400 --> 00:27:53,560 Speaker 2: bunch of oil Exix currently meeting at a symposium in Toronto. 611 00:27:53,760 --> 00:27:56,960 Speaker 2: So they think this is a shock reaction as opposed 612 00:27:56,960 --> 00:27:59,760 Speaker 2: to a supply demand ongoing issue. Mind you, that may 613 00:27:59,800 --> 00:28:02,840 Speaker 2: well change of the economy's tank. Of course, Chief Executive 614 00:28:02,840 --> 00:28:07,320 Speaker 2: didn't play oil. It's dropped on fear, a fear of recession, 615 00:28:07,400 --> 00:28:12,040 Speaker 2: and nothing else. So currently West Texas Intermediate low sixties 616 00:28:12,440 --> 00:28:17,080 Speaker 2: down fifteen percent, Brent sixty four. The CEOs of all 617 00:28:17,080 --> 00:28:19,280 Speaker 2: the big companies say this will go back up if 618 00:28:19,320 --> 00:28:21,640 Speaker 2: it doesn't immediately. Trump can claim, of course, that oil 619 00:28:21,760 --> 00:28:24,159 Speaker 2: so low, it's incredibly low. I can't believe how low 620 00:28:24,240 --> 00:28:27,040 Speaker 2: it is, you know how he does. So anyway, we'll 621 00:28:27,040 --> 00:28:29,320 Speaker 2: see where that goes at the moment. But I mean, 622 00:28:29,359 --> 00:28:32,000 Speaker 2: once you hit recession, of the fear of recession becomes 623 00:28:32,119 --> 00:28:35,080 Speaker 2: real recession, then oil does go down, doesn't it. By 624 00:28:35,080 --> 00:28:36,560 Speaker 2: the way, the only wind Trump's got in the last 625 00:28:36,560 --> 00:28:37,959 Speaker 2: twenty four hours, as far as I can work out, 626 00:28:38,000 --> 00:28:41,960 Speaker 2: as the Supreme Court, the seventeen ninety eight Alien Act 627 00:28:42,120 --> 00:28:45,280 Speaker 2: that he's quoting at the court over the el sell 628 00:28:45,360 --> 00:28:47,040 Speaker 2: the door business. All these people he's rounded up, he's 629 00:28:47,080 --> 00:28:48,600 Speaker 2: runded U one hundred and thirty seven of them so 630 00:28:48,760 --> 00:28:52,440 Speaker 2: far and deported them under the Alien Enemies Act that 631 00:28:52,600 --> 00:28:54,280 Speaker 2: was passed as part of a series of laws back 632 00:28:54,320 --> 00:28:57,800 Speaker 2: in seventeen ninety eight when the US believed it would 633 00:28:57,920 --> 00:29:00,560 Speaker 2: enter a war with France, they went to the court. 634 00:29:00,600 --> 00:29:03,840 Speaker 2: Everyone's gone, wait a minute, you can't enact that, and 635 00:29:04,000 --> 00:29:06,280 Speaker 2: the Supreme Court for now has said, yes you can. 636 00:29:06,560 --> 00:29:10,640 Speaker 2: So that's a win. But they also said that you've 637 00:29:10,640 --> 00:29:12,360 Speaker 2: got to test it. So in other words, you begin 638 00:29:12,440 --> 00:29:14,680 Speaker 2: to round somebody up, you can't just put them on 639 00:29:14,720 --> 00:29:17,160 Speaker 2: a plane. They have to be allowed to go to 640 00:29:17,280 --> 00:29:20,120 Speaker 2: court to defend themselves. So that's a little bit of 641 00:29:21,600 --> 00:29:24,440 Speaker 2: plant the ointment, but overall they're claiming it as a victory. 642 00:29:24,800 --> 00:29:27,400 Speaker 2: Come back to this Hamish Campbell thing harassed as a 643 00:29:27,480 --> 00:29:30,240 Speaker 2: member of the church and the Benjamin Doyle angst around 644 00:29:30,240 --> 00:29:32,160 Speaker 2: the place. But we'll also look at the Reserve Bank. 645 00:29:32,160 --> 00:29:35,400 Speaker 2: They're out today twenty five points. Everyone seems to agree, 646 00:29:35,440 --> 00:29:37,280 Speaker 2: but where do we go from there? That's the big question. 647 00:29:37,680 --> 00:29:40,200 Speaker 2: Sharon Zola, chief economist of the Gay and Z is 648 00:29:40,240 --> 00:29:42,160 Speaker 2: back on the program right after the news, which. 649 00:29:42,040 --> 00:29:46,479 Speaker 5: Is mixed news, opinion and everything in between. 650 00:29:46,880 --> 00:29:50,800 Speaker 1: The Mic Hosking Breakfast with the range Rover Villa designed 651 00:29:51,080 --> 00:29:52,760 Speaker 1: to intrigue and use Togsdad be. 652 00:29:52,840 --> 00:29:55,000 Speaker 2: Only seven past seven, so before last week, the Reserve 653 00:29:55,040 --> 00:29:57,520 Speaker 2: Bank story seemed fairly straightforward, didn't it. Twenty five points 654 00:29:57,560 --> 00:29:59,840 Speaker 2: to day another twenty five next meeting were largely done 655 00:30:00,000 --> 00:30:02,320 Speaker 2: inflation in the box. Welcome to the new normal. Obviously 656 00:30:02,480 --> 00:30:04,160 Speaker 2: the world has since been tipped on its head. So 657 00:30:04,280 --> 00:30:07,440 Speaker 2: how does that play out today? Aine's the chief economist, 658 00:30:07,440 --> 00:30:08,640 Speaker 2: Sharon's on the back? Will this Sharon? 659 00:30:08,680 --> 00:30:10,520 Speaker 21: Good morning, Good morning? 660 00:30:10,640 --> 00:30:12,640 Speaker 2: Are we all aligned around twenty five today? 661 00:30:13,960 --> 00:30:17,640 Speaker 27: Yes, that is certainly the case. But obviously the risk 662 00:30:17,760 --> 00:30:20,440 Speaker 27: that they do something else has rythen, given all the 663 00:30:20,520 --> 00:30:23,840 Speaker 27: kerfuffle in the last week. So if they were to surprise, 664 00:30:24,440 --> 00:30:27,560 Speaker 27: then a fifty point cup would be likelier than a pause. 665 00:30:27,640 --> 00:30:30,239 Speaker 27: But there is a general agreement that the senseful thing 666 00:30:30,280 --> 00:30:31,920 Speaker 27: to do at the moment is just sick to the 667 00:30:31,960 --> 00:30:34,640 Speaker 27: plan and keep a watching brief. 668 00:30:34,960 --> 00:30:37,600 Speaker 2: How breaking news is the committee? I mean, how much 669 00:30:37,680 --> 00:30:39,840 Speaker 2: of what has happened in the last handful of days 670 00:30:39,920 --> 00:30:41,600 Speaker 2: will color what they're doing? 671 00:30:42,800 --> 00:30:46,200 Speaker 27: Well, it certainly colors the risks, but it's too soon 672 00:30:46,360 --> 00:30:50,440 Speaker 27: for them to actually put it into their forecasts. It's 673 00:30:50,640 --> 00:30:52,520 Speaker 27: very unclear how this is all going to pan out. 674 00:30:53,200 --> 00:30:55,560 Speaker 27: I think most people are realizing that there's less bluff 675 00:30:55,720 --> 00:30:59,200 Speaker 27: in these tariff moves than was hoped or perhaps assumed 676 00:30:59,240 --> 00:31:03,840 Speaker 27: early on, and therefore that the global growth outlook is weaker. 677 00:31:04,080 --> 00:31:06,240 Speaker 27: I mean, the direct tariff impact from New Zealand is 678 00:31:06,320 --> 00:31:09,360 Speaker 27: manageable ten percent tariff on about thirteen percent of our 679 00:31:09,400 --> 00:31:12,480 Speaker 27: goods exports. So that's okay, that's not a game changer. 680 00:31:12,560 --> 00:31:16,120 Speaker 27: But if global growth starts to look weaker everywhere and 681 00:31:16,200 --> 00:31:19,840 Speaker 27: it really impacts the outlook for the Chinese consumer and 682 00:31:20,360 --> 00:31:22,320 Speaker 27: everyone else, then that's a bit different. 683 00:31:22,760 --> 00:31:24,240 Speaker 2: Is three percent still neutral? 684 00:31:25,760 --> 00:31:28,120 Speaker 27: That is a rezive bank's estimate at the moment, So 685 00:31:28,240 --> 00:31:29,760 Speaker 27: that's sort of what we're all working to. But it's 686 00:31:29,800 --> 00:31:31,240 Speaker 27: one of those things that they sort of wait and 687 00:31:31,280 --> 00:31:33,280 Speaker 27: see how things pan out and then realize, oh, it 688 00:31:33,400 --> 00:31:37,480 Speaker 27: must have been that. It seems a reasonable working assumption, 689 00:31:37,920 --> 00:31:40,080 Speaker 27: but they always keep an open mind on that front. 690 00:31:40,320 --> 00:31:42,240 Speaker 2: How important does the commentary? It is not a full 691 00:31:42,280 --> 00:31:45,080 Speaker 2: monetary so what he says, and the fact he's in 692 00:31:45,480 --> 00:31:47,680 Speaker 2: part time, he's only there for six months, it's all 693 00:31:47,720 --> 00:31:49,920 Speaker 2: got a flux vibe about it, doesn't it. 694 00:31:50,800 --> 00:31:52,560 Speaker 27: Yeah, But I wouldn't say it's what he says, it's 695 00:31:52,600 --> 00:31:56,000 Speaker 27: what the committee says. They do pour over those documents 696 00:31:56,160 --> 00:31:58,800 Speaker 27: together very much. So yes, it's all going to be 697 00:31:58,880 --> 00:32:01,400 Speaker 27: about hints about what comes next, about how open they 698 00:32:01,480 --> 00:32:05,040 Speaker 27: are to cutting more, cutting faster. I would expect some 699 00:32:05,440 --> 00:32:08,880 Speaker 27: reassuring words that they stand ready to do whatever is 700 00:32:09,320 --> 00:32:12,520 Speaker 27: required to in the face of weaver might come around 701 00:32:12,600 --> 00:32:15,280 Speaker 27: the corner. So the market has already moved to price 702 00:32:15,480 --> 00:32:18,360 Speaker 27: a small chance of the fifty today but also more 703 00:32:18,440 --> 00:32:21,120 Speaker 27: cuts going forward, and I wouldn't expect the Reserve Bank 704 00:32:21,160 --> 00:32:23,800 Speaker 27: to push back against that because that's a very reasonable 705 00:32:23,840 --> 00:32:26,920 Speaker 27: affection of the risks as they stand today. So I 706 00:32:26,960 --> 00:32:29,640 Speaker 27: don't think the Reserve Bank will sound is as sure 707 00:32:29,720 --> 00:32:31,840 Speaker 27: about what comes next as they did in Tebery. 708 00:32:31,960 --> 00:32:34,840 Speaker 2: But what about the psychology of in other words, the 709 00:32:34,920 --> 00:32:36,960 Speaker 2: key we say for people who are freaking out and 710 00:32:37,080 --> 00:32:39,720 Speaker 2: the mortgage people who are freaking out because they don't know, 711 00:32:39,920 --> 00:32:42,400 Speaker 2: because no one knows, and that plays into the vibe 712 00:32:42,440 --> 00:32:43,080 Speaker 2: and the economy. 713 00:32:43,120 --> 00:32:43,720 Speaker 3: Is that a problem. 714 00:32:44,640 --> 00:32:44,840 Speaker 21: Yeah. 715 00:32:44,920 --> 00:32:48,560 Speaker 27: Confidence is definitely a really important channel, and we are 716 00:32:48,840 --> 00:32:51,560 Speaker 27: still at a pretty fragile stage of the recovery. I mean, 717 00:32:51,600 --> 00:32:53,480 Speaker 27: the recovery is definitely happening. You can see that a 718 00:32:53,600 --> 00:32:55,560 Speaker 27: hole across a whole lot of data, but we're definitely 719 00:32:56,120 --> 00:32:58,200 Speaker 27: not in the coctual part of things, where people are 720 00:32:58,240 --> 00:33:01,200 Speaker 27: feeling that we're on a really good part. I think 721 00:33:01,280 --> 00:33:04,280 Speaker 27: terms are sort of just starting to dust off those 722 00:33:04,840 --> 00:33:07,959 Speaker 27: investment plans and employment plans, and this could see them 723 00:33:08,040 --> 00:33:09,840 Speaker 27: put them back on the shelf. And there was that 724 00:33:09,920 --> 00:33:14,000 Speaker 27: bank already assumed in their last statement that the global 725 00:33:14,120 --> 00:33:17,520 Speaker 27: uncertainty which would damp an investment. They'll be even more 726 00:33:17,560 --> 00:33:21,200 Speaker 27: alert to that possibility now. But of course the fifty 727 00:33:21,200 --> 00:33:23,280 Speaker 27: point cut could be counterproductive in that regard. And so 728 00:33:23,440 --> 00:33:24,560 Speaker 27: far as this is the message that. 729 00:33:24,600 --> 00:33:27,200 Speaker 2: Things are going to get really bad, jeez, it's interesting. 730 00:33:27,280 --> 00:33:29,080 Speaker 2: Good on you, Sharre and appreciate it very much. Sharon's 731 00:33:29,080 --> 00:33:31,480 Speaker 2: on them, am the chief Economists. Ten minutes past seven, 732 00:33:32,440 --> 00:33:34,360 Speaker 2: of course on z'd B. Today, police are delaying the 733 00:33:34,440 --> 00:33:36,360 Speaker 2: role out of the mental health changes for the second time. 734 00:33:36,400 --> 00:33:37,840 Speaker 2: He sort of saw this coming, didn't you mean? 735 00:33:37,880 --> 00:33:38,360 Speaker 4: This is work. 736 00:33:38,440 --> 00:33:40,720 Speaker 2: It's been underway to reduce basically the demand that mental 737 00:33:40,760 --> 00:33:42,800 Speaker 2: health call outs have on the police. At the request 738 00:33:42,840 --> 00:33:45,280 Speaker 2: of the multi agency group who are running this, the 739 00:33:45,400 --> 00:33:47,800 Speaker 2: rollout's now going to be staggered across the various police 740 00:33:47,880 --> 00:33:50,840 Speaker 2: districts rather than the all at once approached. The Police 741 00:33:50,840 --> 00:33:55,080 Speaker 2: Association President Chris Carhills Well it's Chris Morning more than Mike. 742 00:33:55,400 --> 00:33:59,600 Speaker 2: I didn't realize. But there's apparently district variation. Is that 743 00:34:00,080 --> 00:34:01,440 Speaker 2: even if it is true, why. 744 00:34:03,000 --> 00:34:06,760 Speaker 21: Basically because different districts have different capability to actually from 745 00:34:06,880 --> 00:34:09,480 Speaker 21: health to actually deliver on it. So they simply don't 746 00:34:09,520 --> 00:34:12,560 Speaker 21: have the services in some of those district health boards 747 00:34:12,880 --> 00:34:14,880 Speaker 21: for one of the better phrase, now they've a mountimated 748 00:34:14,960 --> 00:34:17,799 Speaker 21: them to actually deliver what the police need to hand 749 00:34:17,920 --> 00:34:21,719 Speaker 21: over these these people suffer in mental distress. So police 750 00:34:21,760 --> 00:34:23,640 Speaker 21: have agreed to just slow down and do it by 751 00:34:23,760 --> 00:34:27,280 Speaker 21: district I mean, the best thing, Mike. And finally health 752 00:34:27,360 --> 00:34:30,279 Speaker 21: and the national level of recognizing they've got to step 753 00:34:30,400 --> 00:34:32,720 Speaker 21: up and take responsibility for what is a health problem, 754 00:34:32,800 --> 00:34:33,560 Speaker 21: not a police problem. 755 00:34:33,719 --> 00:34:35,600 Speaker 2: How much of this in your heart of hearts do 756 00:34:35,640 --> 00:34:38,480 Speaker 2: you reckon? It's about people hating change, not liking it. 757 00:34:38,560 --> 00:34:40,520 Speaker 2: It's not my problem, So I'm going to complain a 758 00:34:40,560 --> 00:34:42,480 Speaker 2: lot and try and stall this as opposed to you 759 00:34:42,640 --> 00:34:44,600 Speaker 2: know what, it is your problem and you've got to 760 00:34:44,640 --> 00:34:45,080 Speaker 2: step up. 761 00:34:46,400 --> 00:34:49,560 Speaker 21: Originally, there was certainly a lot of the former people 762 00:34:50,200 --> 00:34:53,200 Speaker 21: in the health area just didn't want to take responsibility, 763 00:34:53,200 --> 00:34:55,800 Speaker 21: and that's what we learned from overseas. Unless police to 764 00:34:55,880 --> 00:34:58,000 Speaker 21: relign on the sand and say nope, you're going to 765 00:34:58,040 --> 00:35:00,480 Speaker 21: do it. The people suffer mental distress, don't get the 766 00:35:00,600 --> 00:35:02,480 Speaker 21: right care from the right people at the right time, 767 00:35:02,520 --> 00:35:06,680 Speaker 21: and that is not police officers sitting in hospitals for 768 00:35:06,800 --> 00:35:10,040 Speaker 21: six ass That's not good for anyone. So you know 769 00:35:10,200 --> 00:35:12,640 Speaker 21: we had to push it. We pushed it. Now I'm 770 00:35:12,800 --> 00:35:15,120 Speaker 21: engaged in and I understand what you're on. To slow 771 00:35:15,160 --> 00:35:16,520 Speaker 21: down and just make sure we get it right. We 772 00:35:16,560 --> 00:35:19,160 Speaker 21: don't want anyone falling through the cracks. But remember, police 773 00:35:19,200 --> 00:35:21,720 Speaker 21: will still go to anyone because at risk of harming 774 00:35:21,760 --> 00:35:27,000 Speaker 21: themselves or the public. So a police time is spent 775 00:35:27,400 --> 00:35:30,880 Speaker 21: on mental health call apps. It's the ridiculously, I don't think. 776 00:35:30,920 --> 00:35:33,440 Speaker 2: I don't think anyone seeing a cop sitting there literally 777 00:35:33,520 --> 00:35:35,840 Speaker 2: for six hours an eed is serving anybody. 778 00:35:35,880 --> 00:35:36,040 Speaker 24: Well. 779 00:35:36,040 --> 00:35:38,200 Speaker 2: I think most people get that. So you remain as 780 00:35:38,280 --> 00:35:39,839 Speaker 2: an idea. You're as confident as you were. 781 00:35:41,560 --> 00:35:41,759 Speaker 19: Yeah. 782 00:35:41,840 --> 00:35:45,200 Speaker 21: Look, I've spoken recently to the police team that have 783 00:35:45,280 --> 00:35:48,080 Speaker 21: griven up. I've said I'm going to hold you to account. 784 00:35:48,719 --> 00:35:50,479 Speaker 21: I don't want to see this as a backgund. They've 785 00:35:50,520 --> 00:35:53,719 Speaker 21: given me a surances note. It's just making sure that 786 00:35:53,960 --> 00:35:55,960 Speaker 21: things are in line. To actual people don't slip through 787 00:35:56,000 --> 00:35:58,440 Speaker 21: the cracks. So it takes a little bit longer to 788 00:35:58,440 --> 00:36:00,640 Speaker 21: get it right. So yet a long and this is 789 00:36:00,680 --> 00:36:04,400 Speaker 21: the thing on most team to make sure it happens. 790 00:36:04,640 --> 00:36:07,279 Speaker 21: How to on board and run with it and don't 791 00:36:07,400 --> 00:36:08,480 Speaker 21: just continue to push. 792 00:36:08,400 --> 00:36:11,640 Speaker 2: Back you befind so it gets us okay, Chris, well, 793 00:36:11,800 --> 00:36:15,120 Speaker 2: well done, Chris Carhill Police Association President, thirteen past seven 794 00:36:15,400 --> 00:36:18,080 Speaker 2: pask weak with the police. We'll find out this morning 795 00:36:18,160 --> 00:36:21,319 Speaker 2: via a poll from Courier that, unfortunately Tamotha Poll's out 796 00:36:21,320 --> 00:36:24,400 Speaker 2: to lunch breaking news didn't. I'm not sure if this 797 00:36:24,480 --> 00:36:26,919 Speaker 2: comes as a surprise. Question in the poll was does 798 00:36:27,040 --> 00:36:30,520 Speaker 2: seeing police officers on beat patrols make you feel more 799 00:36:30,800 --> 00:36:34,000 Speaker 2: or less safe? Nationally? Sixty six percent of say we 800 00:36:34,080 --> 00:36:36,719 Speaker 2: feel more safe. It was credible Tamitha was telling me 801 00:36:36,800 --> 00:36:39,200 Speaker 2: that apparently were we freak out when we see the police. 802 00:36:39,200 --> 00:36:41,200 Speaker 2: But no, it's not true. Sixty six percent of New 803 00:36:41,280 --> 00:36:44,759 Speaker 2: Zealanders feel more safe, only ten percent feel less safe, 804 00:36:45,160 --> 00:36:48,400 Speaker 2: twenty percent feel no difference. Broken down by gender if 805 00:36:48,440 --> 00:36:52,520 Speaker 2: you want gender, age, area, ethnicity, party vote. Is there 806 00:36:52,600 --> 00:36:57,279 Speaker 2: any incidence that Tamitha might be correct? No, not a 807 00:36:57,360 --> 00:37:01,759 Speaker 2: single one so Tamatha is officially completely and utterly out 808 00:37:01,840 --> 00:37:03,400 Speaker 2: to lunch fourteen past. 809 00:37:04,640 --> 00:37:09,040 Speaker 1: The Like Asking Breakfast Full Show podcast on iHeartRadio powered 810 00:37:09,080 --> 00:37:10,080 Speaker 1: by Newstalk. 811 00:37:09,760 --> 00:37:15,279 Speaker 2: STB, Organized Crime. It's bad reading our first report out. 812 00:37:15,320 --> 00:37:17,359 Speaker 2: There's a number of reports coming out. The government set 813 00:37:17,440 --> 00:37:20,000 Speaker 2: up a ministerial advisory group will work you through the 814 00:37:20,040 --> 00:37:22,720 Speaker 2: detail and talk more about it. After seven thirty seventeen 815 00:37:22,719 --> 00:37:24,640 Speaker 2: past seven, We've got good news meantime from the campus. 816 00:37:24,719 --> 00:37:27,040 Speaker 2: Though international student numbers are all but back to pre 817 00:37:27,160 --> 00:37:30,040 Speaker 2: COVID levels. Across eight unis there are around twenty thousand 818 00:37:30,080 --> 00:37:33,000 Speaker 2: full time foreign students right now. The university's New Zealand CEO, 819 00:37:33,080 --> 00:37:34,480 Speaker 2: Chris Wheelan, is back with us. 820 00:37:34,520 --> 00:37:36,160 Speaker 14: Chris Morning, Good morning. 821 00:37:36,280 --> 00:37:38,440 Speaker 2: So this is good because tourism hasn't managed to do 822 00:37:38,560 --> 00:37:41,000 Speaker 2: what you guys have, which is encouraging. Does this cement 823 00:37:41,120 --> 00:37:43,680 Speaker 2: our reputation? In other words, it's not permanently damaged? 824 00:37:44,880 --> 00:37:48,800 Speaker 23: Look, I certainly think so. All the feedback we're receiving 825 00:37:49,080 --> 00:37:53,759 Speaker 23: from agents networks and student networks overseas as it's great 826 00:37:53,800 --> 00:37:56,320 Speaker 23: to have these ends back open. We're seen as a 827 00:37:56,440 --> 00:38:00,239 Speaker 23: high quality destination to come and get a qualification, and 828 00:38:00,600 --> 00:38:03,400 Speaker 23: we are relatively free from a lot of the turmoil 829 00:38:03,680 --> 00:38:05,480 Speaker 23: that's being experienced around the rest of the world. 830 00:38:05,760 --> 00:38:07,640 Speaker 2: Is it the same countries, as the same makeup or 831 00:38:07,640 --> 00:38:08,600 Speaker 2: as things changed? 832 00:38:09,840 --> 00:38:13,920 Speaker 23: It's very much the same countries. International education takes a 833 00:38:14,000 --> 00:38:17,360 Speaker 23: long time to shift countries, So majority of US students 834 00:38:17,400 --> 00:38:19,640 Speaker 23: are still coming from China, then a big step down 835 00:38:19,760 --> 00:38:23,600 Speaker 23: to India. These will always be very very important markets 836 00:38:23,640 --> 00:38:26,720 Speaker 23: to US, and we have incredibly strong relationships with those countries. 837 00:38:27,040 --> 00:38:29,759 Speaker 23: But obviously, you know, we're also looking at expanding into 838 00:38:29,800 --> 00:38:33,960 Speaker 23: different markets as the world's education system changes over time. 839 00:38:34,120 --> 00:38:37,080 Speaker 2: Does the Australian scenario help us? That's got very angsty 840 00:38:37,200 --> 00:38:39,719 Speaker 2: Dunton's promising massive fees, all that sort of stuff. Do 841 00:38:39,880 --> 00:38:41,160 Speaker 2: we look better because of that? 842 00:38:42,239 --> 00:38:44,600 Speaker 23: Well, this is why I say we are protected from 843 00:38:44,600 --> 00:38:46,839 Speaker 23: a lot of the turmoil facing the rest of the world. 844 00:38:47,360 --> 00:38:51,000 Speaker 23: Most of our competitor markets have policy settings that are 845 00:38:51,040 --> 00:38:55,040 Speaker 23: making them quite unattractive now to international students. So China, 846 00:38:55,280 --> 00:38:58,120 Speaker 23: that's sorry. Canada, I'm sorry, put a hard limit on 847 00:38:58,320 --> 00:39:03,200 Speaker 23: student numbers well below their current levels, and they just 848 00:39:03,320 --> 00:39:06,840 Speaker 23: haven't had enrollment to get even close to their target 849 00:39:06,920 --> 00:39:09,319 Speaker 23: because you know, agents and students have kind of gone 850 00:39:09,560 --> 00:39:12,080 Speaker 23: Canada's closed for business. So countries, like you said, and 851 00:39:12,160 --> 00:39:13,600 Speaker 23: look pretty good in that context. 852 00:39:13,760 --> 00:39:14,799 Speaker 2: Fiscally, is it working? 853 00:39:16,040 --> 00:39:18,920 Speaker 23: Absolutely, look at you know, and obviously money is only 854 00:39:18,960 --> 00:39:21,040 Speaker 23: a part of why we do this. It's great to 855 00:39:21,080 --> 00:39:24,200 Speaker 23: see the look for life back on our campuses, you know, 856 00:39:24,280 --> 00:39:27,920 Speaker 23: with the industrial students and what they bring. But absolutely, 857 00:39:28,520 --> 00:39:31,400 Speaker 23: at a time when you know there are financial challenges, 858 00:39:31,680 --> 00:39:32,760 Speaker 23: they are very welcome. 859 00:39:32,920 --> 00:39:35,640 Speaker 2: Good stuff. Nice to catch up. Chris Wheeland, University's New 860 00:39:35,680 --> 00:39:39,200 Speaker 2: Zealand Boss. I've got the Trade Meet Market report on 861 00:39:39,360 --> 00:39:42,759 Speaker 2: housing for March. Prices up, demand more than a four 862 00:39:42,840 --> 00:39:46,120 Speaker 2: year high. Average asking prices increased by ten thousand dollars, 863 00:39:46,120 --> 00:39:48,080 Speaker 2: which is one point two percent, sitting at eight sixty 864 00:39:48,120 --> 00:39:51,400 Speaker 2: one thousand. Canterbury only one of the big three cities 865 00:39:51,440 --> 00:39:54,040 Speaker 2: to show both month one month and year on year 866 00:39:54,239 --> 00:39:58,240 Speaker 2: growth because that's Canterbury. Number of listings decade high in February. 867 00:39:58,280 --> 00:40:01,160 Speaker 2: Gisbon up thirty one, West Coast up twenty six, a 868 00:40:01,280 --> 00:40:03,360 Speaker 2: Targo up twenty four, Canibary up twenty percent, South and 869 00:40:03,480 --> 00:40:06,359 Speaker 2: up fourteen percent, so a lot of houses. Prices are up, 870 00:40:06,640 --> 00:40:10,239 Speaker 2: interests up, Things are coming to life nicely. Seven twenty. 871 00:40:13,160 --> 00:40:17,799 Speaker 1: The mic Hosking Breakfast full show podcast on iHeartRadio call 872 00:40:17,880 --> 00:40:19,080 Speaker 1: it by News Talk Seppy. 873 00:40:21,040 --> 00:40:23,040 Speaker 2: Now you're looking for some cracking Easter deals, you go 874 00:40:23,120 --> 00:40:25,680 Speaker 2: to chemist Warehouse, of course place to find unbeatable deals 875 00:40:25,719 --> 00:40:27,239 Speaker 2: on everything you need, So hid and story. 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These days, 894 00:41:20,120 --> 00:41:22,919 Speaker 2: he's a billionaire and a major donor to Donald Trump. 895 00:41:23,600 --> 00:41:25,839 Speaker 2: He is like the rest of us, looking on, incredulous 896 00:41:26,000 --> 00:41:29,400 Speaker 2: or furious, or in disbelief or in confusion. Yesterday, for 897 00:41:29,440 --> 00:41:31,440 Speaker 2: a very brief period of rumor that appeared to come 898 00:41:31,480 --> 00:41:33,239 Speaker 2: out of a very small account or two on X 899 00:41:33,960 --> 00:41:37,160 Speaker 2: swept the market. Trump was considering a ninety day pause 900 00:41:37,160 --> 00:41:39,760 Speaker 2: in tariffs. The market, which had been continuing its downward 901 00:41:39,800 --> 00:41:43,919 Speaker 2: trajectory or tanking as some people call it, abruptly upped 902 00:41:44,120 --> 00:41:46,439 Speaker 2: sticks and reversed, and it searched about eight percent, which 903 00:41:46,480 --> 00:41:48,360 Speaker 2: is a lot. Until it turned out and no, but 904 00:41:48,360 --> 00:41:51,160 Speaker 2: it was true, So I fell apart again. That's, as 905 00:41:51,200 --> 00:41:54,000 Speaker 2: one article suggested, was an off ramp for the president. 906 00:41:54,040 --> 00:41:56,839 Speaker 2: In other words, had the rumor been true, had Trump 907 00:41:56,920 --> 00:41:58,959 Speaker 2: decided it could all be a mistake, the markets would 908 00:41:58,960 --> 00:42:01,320 Speaker 2: have forgiven them, put it behind them, and we'd be 909 00:42:01,520 --> 00:42:04,759 Speaker 2: on our merry way. But back to Ken, Ken said, 910 00:42:05,239 --> 00:42:09,000 Speaker 2: I don't understand the goddamn formula, And in that he 911 00:42:09,080 --> 00:42:11,080 Speaker 2: is not alone. Many of the billionaires who backed Trump 912 00:42:11,120 --> 00:42:13,680 Speaker 2: don't understand the formula. They also didn't back the idea 913 00:42:13,719 --> 00:42:15,880 Speaker 2: that Trump would trash the place. And yet more of them, 914 00:42:16,000 --> 00:42:18,520 Speaker 2: mainly headed by the bloke who runs Blackrock, thinks the 915 00:42:18,680 --> 00:42:21,600 Speaker 2: US economy is already in recession. If it is in recession, 916 00:42:21,960 --> 00:42:24,200 Speaker 2: Howard Lutnik will need to be rolled out to explain 917 00:42:24,280 --> 00:42:26,920 Speaker 2: how that happened, given according to Luttnik, it wasn't possible. 918 00:42:27,200 --> 00:42:29,440 Speaker 2: So once again we asked the simple question. If the 919 00:42:29,560 --> 00:42:33,040 Speaker 2: brightest people in the room don't understand the goddamn formula, 920 00:42:33,640 --> 00:42:36,480 Speaker 2: If Trump's closest allies and supporters don't get it, who 921 00:42:36,560 --> 00:42:40,200 Speaker 2: does or worse, is it possible no one does? And 922 00:42:40,320 --> 00:42:42,320 Speaker 2: this thing is a runaway train? And if it's not 923 00:42:42,360 --> 00:42:44,799 Speaker 2: a runaway train, is it possible that yet another Trump 924 00:42:44,880 --> 00:42:47,600 Speaker 2: backer is right when he suggests America is now a 925 00:42:47,640 --> 00:42:50,880 Speaker 2: global laughing stock. And most of them, to quote Elon, 926 00:42:51,239 --> 00:42:53,320 Speaker 2: are dumber than a sack of bricks. 927 00:42:53,680 --> 00:42:55,760 Speaker 18: There's going to be no recession in America. 928 00:42:56,280 --> 00:43:00,360 Speaker 2: Hosking Hammer Capital was one of the ex posts Hammock Capital. 929 00:43:00,400 --> 00:43:03,440 Speaker 2: The other one was Walter Bloomberg, both with Blue techs. 930 00:43:04,120 --> 00:43:06,960 Speaker 2: Walter Bloomberg problem with Walter Bloomberg was Most people thought 931 00:43:07,000 --> 00:43:11,279 Speaker 2: it was Bloomberg asn't he, And you wonder why we're 932 00:43:11,280 --> 00:43:13,400 Speaker 2: all in trouble. So then we come back to flights 933 00:43:13,480 --> 00:43:17,480 Speaker 2: on Monday. We gave you the takeoff landing times, tiny 934 00:43:17,560 --> 00:43:20,239 Speaker 2: little numbers of cancelations. Everything looked tikety boo. In the 935 00:43:20,239 --> 00:43:22,000 Speaker 2: world of aviation, a lot of you said, hey, wait 936 00:43:22,040 --> 00:43:24,160 Speaker 2: a minute, what about regional what about the turbo props? 937 00:43:24,200 --> 00:43:26,719 Speaker 2: That's where the action is quite right. Good point. So 938 00:43:26,840 --> 00:43:28,960 Speaker 2: we go directly, of course, to the Ministry of Transport. 939 00:43:29,000 --> 00:43:30,719 Speaker 2: We go to them on the Monday and we say, hey, 940 00:43:30,800 --> 00:43:33,080 Speaker 2: how about these numbers. What's going on? Some suggesting that 941 00:43:33,120 --> 00:43:34,919 Speaker 2: in New Zealand works fairly hard to keep the numbers 942 00:43:35,000 --> 00:43:37,040 Speaker 2: quiet as as possible, we ask. So we go to 943 00:43:37,080 --> 00:43:39,680 Speaker 2: the Ministry of Transport on Monday. They come back to 944 00:43:39,800 --> 00:43:41,880 Speaker 2: us on Tuesday, because of course coming back to us 945 00:43:41,920 --> 00:43:44,080 Speaker 2: on Monday would be far too difficult. The same day, 946 00:43:44,840 --> 00:43:47,839 Speaker 2: so they come back to us on Tuesday and they 947 00:43:47,920 --> 00:43:51,080 Speaker 2: say they are quote working on a response. Now, this 948 00:43:51,280 --> 00:43:53,000 Speaker 2: was just at nine o'clock, just as we came off 949 00:43:53,040 --> 00:43:56,240 Speaker 2: here working on a response. Now we got no response, 950 00:43:56,280 --> 00:43:58,839 Speaker 2: so we chased them up yesterday afternoon, having given them 951 00:43:59,000 --> 00:44:01,760 Speaker 2: not only Monday, but another six or seven hours of Tuesday. 952 00:44:03,040 --> 00:44:06,239 Speaker 2: We are current, quote unquote, we are currently in discussions 953 00:44:06,400 --> 00:44:09,080 Speaker 2: with the number of airlines and are planning to provide 954 00:44:09,239 --> 00:44:13,720 Speaker 2: regional reporting shortly. I hope we didn't start that, because 955 00:44:13,719 --> 00:44:15,920 Speaker 2: it sounds like a lot of people hope too, a 956 00:44:16,040 --> 00:44:19,160 Speaker 2: lot of energy. We then went back four minutes later, 957 00:44:19,360 --> 00:44:22,000 Speaker 2: still before five o'clock, of course, because that's when Wellington closes, 958 00:44:22,000 --> 00:44:24,360 Speaker 2: and asked, what does shortly mean? Is there a timeline? 959 00:44:24,600 --> 00:44:26,799 Speaker 2: No response to that. So I sit here at seven 960 00:44:26,880 --> 00:44:31,359 Speaker 2: twenty seven on a Wednesday morning, having engaged them first 961 00:44:31,400 --> 00:44:35,040 Speaker 2: thing on Monday, and we are still, like many an 962 00:44:35,080 --> 00:44:37,759 Speaker 2: Air New Zealand flight, yet to arrive, yet to land. 963 00:44:38,080 --> 00:44:40,239 Speaker 28: What makes you think that Wellington stays open till five? 964 00:44:40,760 --> 00:44:44,400 Speaker 2: Good point, very good point. So we'll keep All I 965 00:44:44,480 --> 00:44:46,200 Speaker 2: can do is keep you posted. But if you ever 966 00:44:46,280 --> 00:44:48,919 Speaker 2: wanted to see some efficiency in the public service, it's 967 00:44:49,080 --> 00:44:52,400 Speaker 2: not quite happened yet. We'll certainly not. At the Ministry 968 00:44:52,440 --> 00:44:55,600 Speaker 2: of Transport, they have done a report though a ministerial 969 00:44:55,640 --> 00:44:58,200 Speaker 2: advisory group. They've been having a good look at organized 970 00:44:58,239 --> 00:45:01,520 Speaker 2: crime and they've found a treming amount of it. In fact, 971 00:45:01,560 --> 00:45:04,000 Speaker 2: if you want to growth industry, organized crime as the 972 00:45:04,040 --> 00:45:05,800 Speaker 2: places to look. So what do we do about it? 973 00:45:05,960 --> 00:45:08,760 Speaker 2: Is the big question, of course, and is an age 974 00:45:08,800 --> 00:45:12,400 Speaker 2: old problem still an age old problem. More details on that. 975 00:45:12,600 --> 00:45:18,080 Speaker 1: Next New Zealand's home for Trusted News and Views, The 976 00:45:18,280 --> 00:45:22,320 Speaker 1: Mike asking breakfast with Bailey's real Estate, your local experts 977 00:45:22,360 --> 00:45:24,839 Speaker 1: across residential, commercial and rural news. 978 00:45:24,920 --> 00:45:28,160 Speaker 2: Togs Head been significant court case yesterday in the High 979 00:45:28,280 --> 00:45:31,200 Speaker 2: Court and the crown is lost and it's to do 980 00:45:31,320 --> 00:45:32,800 Speaker 2: with fisheries and not come back to that in a 981 00:45:32,840 --> 00:45:35,080 Speaker 2: couple of moments. What the government does is the interesting 982 00:45:35,160 --> 00:45:38,080 Speaker 2: part about it. Anyway, Morning Mike. How does the stock 983 00:45:38,120 --> 00:45:40,279 Speaker 2: market compare to what it was when he took over? 984 00:45:40,360 --> 00:45:42,680 Speaker 2: He being Trump at the beginning of the year. Everyone's 985 00:45:42,760 --> 00:45:45,080 Speaker 2: blowing up, but it's still higher than when Biden was 986 00:45:45,120 --> 00:45:48,480 Speaker 2: in power. Well, unfortunately that's not true or indeed anywhere close. 987 00:45:49,000 --> 00:45:50,960 Speaker 2: So the S and P is down ten percent, the 988 00:45:51,040 --> 00:45:53,640 Speaker 2: dows down ten percent, the Nasdack's down fifteen percent. 989 00:45:54,560 --> 00:45:57,280 Speaker 28: Just still at least it was that by over fourteen 990 00:45:57,440 --> 00:45:58,440 Speaker 28: hundred today. 991 00:45:58,800 --> 00:46:01,160 Speaker 29: Actually I know, no couple of moments it was down 992 00:46:01,200 --> 00:46:04,880 Speaker 29: now down six hundred, So it's gone plus twelve hundred. No, no, 993 00:46:05,000 --> 00:46:09,320 Speaker 29: at first fourteen fourteen hundred, now currently minus six hundred, 994 00:46:09,400 --> 00:46:12,200 Speaker 29: it's a two thousand point swing. 995 00:46:13,160 --> 00:46:18,120 Speaker 2: And no, it wasn't better. Well it was better, significantly 996 00:46:18,200 --> 00:46:22,960 Speaker 2: better with Biden twenty two minutes away from eight. But 997 00:46:23,080 --> 00:46:27,160 Speaker 2: don't worry. There will be no recession and everyone's going 998 00:46:27,239 --> 00:46:30,240 Speaker 2: to get rich. What else he's saying. And the penguins 999 00:46:30,239 --> 00:46:34,240 Speaker 2: are happy and in the track of trillions of trillions 1000 00:46:34,239 --> 00:46:37,319 Speaker 2: of dollars are flooding into America and the Golden Age 1001 00:46:37,719 --> 00:46:41,480 Speaker 2: has begun. So that's good, Jenny and Mark after eight 1002 00:46:41,520 --> 00:46:44,440 Speaker 2: Politics Wednesday. Right back here, things are not going well. 1003 00:46:44,840 --> 00:46:46,120 Speaker 2: I'm afraid to tell you when it comes to the 1004 00:46:46,120 --> 00:46:49,400 Speaker 2: battle over organized crime and Ministerial Advisory Groups delivered its 1005 00:46:49,440 --> 00:46:52,680 Speaker 2: first report. We have record drugs usures, new tactics from gangs, 1006 00:46:52,719 --> 00:46:55,960 Speaker 2: new streams making cash, a lot of fraud, migrant exploitation, 1007 00:46:56,080 --> 00:46:58,440 Speaker 2: illegal tobacco. The safety and security of kiwis are said 1008 00:46:58,440 --> 00:47:01,640 Speaker 2: to be impacted in unprecedented ways. The chair of this 1009 00:47:01,719 --> 00:47:04,600 Speaker 2: Ministerial Advisory Group is Steve Simon. Steve morning to. 1010 00:47:04,640 --> 00:47:06,120 Speaker 4: You, good morning. 1011 00:47:06,320 --> 00:47:08,920 Speaker 2: Does this what you delivered and what you thought you 1012 00:47:09,000 --> 00:47:11,600 Speaker 2: might deliver? Are they two different things were basically the same. 1013 00:47:13,640 --> 00:47:14,160 Speaker 3: That different. 1014 00:47:14,239 --> 00:47:17,320 Speaker 28: Mike, I've been doing this for twenty years, so I 1015 00:47:17,400 --> 00:47:20,560 Speaker 28: thought by this stage, being a prosecutor for two decades, 1016 00:47:21,280 --> 00:47:23,759 Speaker 28: there'd be very little that surprised me. But if you 1017 00:47:23,840 --> 00:47:26,800 Speaker 28: look at the numbers, particularly the wastewater numbers, and you 1018 00:47:26,880 --> 00:47:29,400 Speaker 28: look at the seizure numbers of how much we're stopping 1019 00:47:29,480 --> 00:47:32,040 Speaker 28: coming into the country, it's pretty frightening. 1020 00:47:32,920 --> 00:47:38,160 Speaker 2: Right, do you place any weight on the partial argument 1021 00:47:38,360 --> 00:47:39,960 Speaker 2: was put up when those numbers came out the other 1022 00:47:40,080 --> 00:47:42,480 Speaker 2: day a meth and the water that was just gangs 1023 00:47:42,560 --> 00:47:44,960 Speaker 2: dumping because the police were raiding them, and therefore you 1024 00:47:45,000 --> 00:47:46,040 Speaker 2: know spike the figures. 1025 00:47:46,960 --> 00:47:49,719 Speaker 28: Well, the difficulty without argument is we've seen it go 1026 00:47:49,880 --> 00:47:52,960 Speaker 28: up in two quarters now, the end of twenty twenty four, 1027 00:47:53,080 --> 00:47:56,640 Speaker 28: the start of twenty twenty five. And also it's all 1028 00:47:56,680 --> 00:47:59,680 Speaker 28: across the country, so you're seeing it unless is a 1029 00:47:59,760 --> 00:48:02,279 Speaker 28: cord needed dumping by these gangs all at the same time, 1030 00:48:03,320 --> 00:48:06,239 Speaker 28: what we're saying is high spike rates in a lot 1031 00:48:06,280 --> 00:48:09,040 Speaker 28: of rural areas. So all the small towns the are 1032 00:48:09,080 --> 00:48:09,960 Speaker 28: the ones being affected. 1033 00:48:10,440 --> 00:48:12,960 Speaker 2: Right, You've got a banking security expert on your panel. 1034 00:48:13,120 --> 00:48:15,279 Speaker 2: Are the banks aware of the money flow. Are they 1035 00:48:15,360 --> 00:48:16,320 Speaker 2: all over it or not? 1036 00:48:18,000 --> 00:48:21,440 Speaker 28: The banks are aware of money floats, their banks have 1037 00:48:21,600 --> 00:48:25,040 Speaker 28: a lot of data. But certainly there's a disconnect between 1038 00:48:25,400 --> 00:48:28,239 Speaker 28: the work done by the private world and also the 1039 00:48:28,360 --> 00:48:29,160 Speaker 28: government agencies. 1040 00:48:29,960 --> 00:48:32,120 Speaker 2: Yeah, so there's two key points, and that one's the 1041 00:48:32,160 --> 00:48:34,000 Speaker 2: private and the government. So the private feel a bit 1042 00:48:34,120 --> 00:48:36,080 Speaker 2: locked out of what the government are doing. Is that 1043 00:48:36,239 --> 00:48:38,000 Speaker 2: easily solvable in your view or not. 1044 00:48:39,320 --> 00:48:42,000 Speaker 28: I don't think it's easily solvable, but it needs to 1045 00:48:42,080 --> 00:48:45,520 Speaker 28: be solved, and that's certainly something the Minister's asked us 1046 00:48:45,560 --> 00:48:46,880 Speaker 28: to find a way to do. 1047 00:48:47,280 --> 00:48:49,359 Speaker 2: And the other problem, and I've been around a while 1048 00:48:49,400 --> 00:48:51,560 Speaker 2: and I've heard this about a million times, and that 1049 00:48:51,719 --> 00:48:53,799 Speaker 2: is that no one talks to each other and one 1050 00:48:53,880 --> 00:48:57,240 Speaker 2: department doesn't share. When does that get fixed? 1051 00:48:58,400 --> 00:49:00,560 Speaker 28: Yeah, you could be more right. I pick up any 1052 00:49:00,680 --> 00:49:04,359 Speaker 28: report and I've read a few now. They all talk 1053 00:49:04,400 --> 00:49:07,520 Speaker 28: about information sharing being one of the biggest problems for 1054 00:49:08,120 --> 00:49:12,120 Speaker 28: us collectively to target organized crime. And what we need 1055 00:49:12,160 --> 00:49:14,800 Speaker 28: to do is have a pretty honest and bold conversation 1056 00:49:14,960 --> 00:49:20,200 Speaker 28: about what information we share between government agencies and what 1057 00:49:20,520 --> 00:49:23,680 Speaker 28: is the culture we have in terms of encouraging organizations 1058 00:49:23,760 --> 00:49:27,360 Speaker 28: to share information with one another. So we can target 1059 00:49:27,400 --> 00:49:28,200 Speaker 28: that organized crime. 1060 00:49:28,719 --> 00:49:30,560 Speaker 2: Is it culture or is it the law? Are there 1061 00:49:30,640 --> 00:49:33,000 Speaker 2: barriers that they would say, look, I can't. I would, 1062 00:49:33,040 --> 00:49:33,520 Speaker 2: but I can't. 1063 00:49:34,640 --> 00:49:36,960 Speaker 28: I think, to be fair, Mike, it's both. I think 1064 00:49:37,040 --> 00:49:40,880 Speaker 28: some agencies are concerned about whether they can share information 1065 00:49:41,800 --> 00:49:44,719 Speaker 28: about organized crime because of concerns that they might be 1066 00:49:44,800 --> 00:49:48,759 Speaker 28: breaching privacy rights. And there's a conversation to be had there, 1067 00:49:48,920 --> 00:49:51,480 Speaker 28: and there's also a cultural piece. If you're working in 1068 00:49:51,520 --> 00:49:55,320 Speaker 28: a government organization, you're focusing on what that organization is 1069 00:49:55,360 --> 00:49:58,000 Speaker 28: trying to achieve, and sometimes you're not looking outside to 1070 00:49:58,080 --> 00:50:02,160 Speaker 28: what information might help another organization target organized crime. 1071 00:50:02,440 --> 00:50:04,160 Speaker 2: Is there any reason why this I don't even know 1072 00:50:04,200 --> 00:50:05,719 Speaker 2: if you know the answer. Is there any reason this 1073 00:50:05,840 --> 00:50:07,879 Speaker 2: is going to the Assistant Police Commission in the case 1074 00:50:07,960 --> 00:50:09,480 Speaker 2: is Costello as opposed to Mark Mitchell? 1075 00:50:11,360 --> 00:50:13,959 Speaker 28: This was a I think the better way to frame 1076 00:50:14,040 --> 00:50:19,040 Speaker 28: it is that Minister Costello kind of took this opportunity. 1077 00:50:18,520 --> 00:50:19,160 Speaker 23: And ran with it. 1078 00:50:20,560 --> 00:50:22,399 Speaker 28: She's had some interest in this for a long time. 1079 00:50:22,480 --> 00:50:26,800 Speaker 28: Of course, having a background herself and the police and 1080 00:50:27,000 --> 00:50:29,799 Speaker 28: I know that she had a big interest in trying 1081 00:50:29,840 --> 00:50:31,960 Speaker 28: to tackle the sisue of organized crime. And that was 1082 00:50:32,040 --> 00:50:35,440 Speaker 28: even before these wastewater numbers came out, which provided some 1083 00:50:35,600 --> 00:50:38,960 Speaker 28: momentum for her putting together this group. And the reason 1084 00:50:39,040 --> 00:50:41,759 Speaker 28: for the group was she didn't want another report by 1085 00:50:41,800 --> 00:50:44,319 Speaker 28: a government agency saying the same thing good. She wanted 1086 00:50:44,400 --> 00:50:47,600 Speaker 28: us to stand outside the independent do something different. 1087 00:50:47,840 --> 00:50:50,000 Speaker 2: What's your vibe on the Steve as in what I'm 1088 00:50:50,040 --> 00:50:51,799 Speaker 2: sure you are a very busy man with a lot 1089 00:50:51,880 --> 00:50:54,239 Speaker 2: of interesting things to do in life. Do you sit 1090 00:50:54,360 --> 00:50:56,560 Speaker 2: on a committee that's going nowhere or do you sit 1091 00:50:56,600 --> 00:50:58,480 Speaker 2: on the committee that will affect actual change. 1092 00:51:01,280 --> 00:51:03,919 Speaker 28: I sit on a committee as a prosecutor and also 1093 00:51:03,960 --> 00:51:06,239 Speaker 28: as a dad worried about what the future might be 1094 00:51:06,480 --> 00:51:10,200 Speaker 28: like for my kids, and I think I will make 1095 00:51:11,040 --> 00:51:13,960 Speaker 28: have a team with me which will make some robust recommendations. 1096 00:51:14,520 --> 00:51:18,200 Speaker 28: And I'm hopeful that those recommendations, recommendations will be kept 1097 00:51:18,280 --> 00:51:19,799 Speaker 28: up and some positive change will happen. 1098 00:51:19,960 --> 00:51:22,440 Speaker 2: Good stuff. Hopefully, talk again, preciate it. Steve Simon, chair 1099 00:51:22,480 --> 00:51:24,920 Speaker 2: of the Ministerial Advisor at Group for Organized Crime. Obviously 1100 00:51:24,960 --> 00:51:27,960 Speaker 2: we'll touch on that with Mark. After eight seventeen away 1101 00:51:28,000 --> 00:51:31,799 Speaker 2: from ASCAR, Mi Katvians had reported door stopped National MP 1102 00:51:32,000 --> 00:51:34,560 Speaker 2: claiming he's part of a secretively religious sector the Central 1103 00:51:34,600 --> 00:51:37,759 Speaker 2: Sexual abuse investigation. Is this gas lighting language? Did the 1104 00:51:37,840 --> 00:51:41,040 Speaker 2: media door stop Benjamin Doyle after a social media post? Now, 1105 00:51:41,560 --> 00:51:43,200 Speaker 2: let me just ask you a question. This morning we're 1106 00:51:43,200 --> 00:51:45,640 Speaker 2: getting a little bit of this. What's your fascination with 1107 00:51:45,760 --> 00:51:48,959 Speaker 2: Benjamin Doyle? I mean, just the obsession with Benjamin Doyle. 1108 00:51:50,120 --> 00:51:53,439 Speaker 2: We covered it off extensively a week ago. It led 1109 00:51:53,600 --> 00:51:56,600 Speaker 2: endless numbers of bulletins. Is it perhaps that you've not 1110 00:51:56,680 --> 00:51:59,040 Speaker 2: got some sort of resolution. I mean, Doyle hasn't been seen. 1111 00:51:59,080 --> 00:52:01,080 Speaker 2: He's another green event off the face of the earth, 1112 00:52:01,160 --> 00:52:03,040 Speaker 2: on full pain. You don't never hear from him again. 1113 00:52:03,200 --> 00:52:08,640 Speaker 2: Is that what riles you? In defense of this bloke 1114 00:52:08,719 --> 00:52:12,320 Speaker 2: from IRELM They asked him, I'm trying to get my 1115 00:52:12,400 --> 00:52:15,520 Speaker 2: head around it to the idea that I was the 1116 00:52:15,680 --> 00:52:19,920 Speaker 2: inference that he somehow deeply involved in the church, so 1117 00:52:20,160 --> 00:52:24,120 Speaker 2: involved in the church that he would know of this investigation. 1118 00:52:25,000 --> 00:52:27,319 Speaker 2: Or is it like going up to a person going, hey, 1119 00:52:27,440 --> 00:52:30,600 Speaker 2: you're Roman Catholic. I don't know if you've noticed that 1120 00:52:30,760 --> 00:52:32,760 Speaker 2: some of the people in the Vatican are a bit dodgy, 1121 00:52:33,120 --> 00:52:35,080 Speaker 2: and you somehow sitting in New Zealand going I have 1122 00:52:35,200 --> 00:52:38,320 Speaker 2: no idea what you're talking about, or somewhere in between. 1123 00:52:38,360 --> 00:52:40,040 Speaker 2: But anyway, we'll deal with this after right as well. 1124 00:52:40,080 --> 00:52:44,560 Speaker 1: Sixteen to two the Vike Asking Breakfast Full Show podcast 1125 00:52:44,760 --> 00:52:47,520 Speaker 1: on iHeartRadio powered by News Talks. 1126 00:52:47,239 --> 00:52:49,960 Speaker 2: At be got some good news on super rug before 1127 00:52:49,960 --> 00:52:52,000 Speaker 2: you in just a couple of moments. Just Treaty Settlement's 1128 00:52:52,040 --> 00:52:54,080 Speaker 2: case in the High Court. So the Crowns breached one 1129 00:52:54,160 --> 00:52:58,000 Speaker 2: of our oldest treaty settlements, which is appropriating mary fishing 1130 00:52:58,040 --> 00:53:00,960 Speaker 2: quotas without compensation. I can't work out why they did it. 1131 00:53:02,360 --> 00:53:05,080 Speaker 2: So nineteen ninety two Fishery Settlement otherwise known as the 1132 00:53:05,120 --> 00:53:07,160 Speaker 2: Sea lawd Deal we've all heard of the Sea Lord Deal. 1133 00:53:07,840 --> 00:53:12,319 Speaker 2: A group called hu or te oorhu ke Mawana took 1134 00:53:12,360 --> 00:53:15,520 Speaker 2: them to court in one So the compensation ode they 1135 00:53:15,640 --> 00:53:17,680 Speaker 2: claim is substantial. This is the part we're up to. 1136 00:53:18,360 --> 00:53:21,400 Speaker 2: So the introduction of the quota management system in nineteen 1137 00:53:21,520 --> 00:53:25,880 Speaker 2: eighty six, they operated as a fixed tonnage regime basically right, 1138 00:53:25,920 --> 00:53:28,600 Speaker 2: so the Crown would assess whether the fishery was sustainable 1139 00:53:28,680 --> 00:53:31,160 Speaker 2: or not. They'd allocate fishing quota on that basis. Now 1140 00:53:31,520 --> 00:53:33,640 Speaker 2: it included the option of what was called a twenty 1141 00:53:33,680 --> 00:53:36,319 Speaker 2: eight en right to compensate owners for the money they 1142 00:53:36,400 --> 00:53:39,160 Speaker 2: would lose as a result of the coms. So in 1143 00:53:39,239 --> 00:53:40,560 Speaker 2: other words, I come to you and say, look, you 1144 00:53:41,160 --> 00:53:43,440 Speaker 2: ten percent less this year because the fisheries a bit dodgy, 1145 00:53:44,400 --> 00:53:46,279 Speaker 2: that's the twenty eighty and they could choose to be 1146 00:53:46,360 --> 00:53:48,680 Speaker 2: paid out. I either give me the difference or be 1147 00:53:48,719 --> 00:53:50,920 Speaker 2: the first in line for some new quota. Then in 1148 00:53:50,960 --> 00:53:53,080 Speaker 2: the early two thousands this system was changed so that 1149 00:53:53,200 --> 00:53:55,320 Speaker 2: rather than the Crown bearing the debt, it would be 1150 00:53:55,400 --> 00:53:59,040 Speaker 2: made up by reallocating quotas from other fisheries. So the 1151 00:53:59,120 --> 00:54:02,480 Speaker 2: court found that have our renegotiators had known settlement quota 1152 00:54:02,880 --> 00:54:06,600 Speaker 2: would be subject to reappropriation without compensation in years to come, 1153 00:54:06,680 --> 00:54:09,160 Speaker 2: they never would have accepted the nineteen ninety two settlement. 1154 00:54:09,840 --> 00:54:12,319 Speaker 2: So that's the win. It seems reasonably clear cut. Now 1155 00:54:12,400 --> 00:54:14,719 Speaker 2: the Crown, what do they do? So the Oceans and 1156 00:54:14,760 --> 00:54:18,280 Speaker 2: Fisheries Minister Shane Jones, of course he's quote unquote seeking advice, 1157 00:54:18,360 --> 00:54:20,040 Speaker 2: and the advice will be one of a couple of things. 1158 00:54:21,280 --> 00:54:26,400 Speaker 2: One appeal and hope and two write a check. So 1159 00:54:26,920 --> 00:54:29,799 Speaker 2: either either ones problematic. So it's one of those things 1160 00:54:29,840 --> 00:54:32,480 Speaker 2: that we will need to follow with a great deal 1161 00:54:32,520 --> 00:54:35,000 Speaker 2: of interest because it seems that it's unlike so many 1162 00:54:35,160 --> 00:54:37,279 Speaker 2: Like if you follow the Nahu case at the moment 1163 00:54:37,760 --> 00:54:40,520 Speaker 2: in christ Church are on water rights that that's really 1164 00:54:40,719 --> 00:54:43,320 Speaker 2: going nowhere. I mean, nothing's going to come out of that, 1165 00:54:43,680 --> 00:54:46,359 Speaker 2: no matter which way it goes. Whereas this seems more 1166 00:54:47,360 --> 00:54:50,800 Speaker 2: specific if you like, so watch the space, tend to wait. 1167 00:54:51,719 --> 00:54:55,240 Speaker 5: The Make asking Breakfast with the Range Rover Villa news. 1168 00:54:55,120 --> 00:54:57,040 Speaker 2: Tokstad b d away from Make got some good news 1169 00:54:57,080 --> 00:54:59,000 Speaker 2: around Super Rugby. The amount of time, as in the 1170 00:54:59,040 --> 00:55:01,440 Speaker 2: static time where nothing on the field's actually happening, that's down. 1171 00:55:01,440 --> 00:55:04,040 Speaker 2: It's been cut by seventy three seconds on average. We're 1172 00:55:04,080 --> 00:55:06,120 Speaker 2: scoring more points per game this year than ever sixty 1173 00:55:06,160 --> 00:55:07,920 Speaker 2: one on average, a lot of points and we're watching 1174 00:55:07,960 --> 00:55:09,360 Speaker 2: more of it. The ratings are up. All of the 1175 00:55:09,440 --> 00:55:12,920 Speaker 2: seems good. Super Rugby Pacific boss Jack Missley's well, there's Jack. 1176 00:55:13,000 --> 00:55:16,320 Speaker 2: Morning to you morning, Mike. How are you very well? Indeed, 1177 00:55:16,520 --> 00:55:18,480 Speaker 2: I know you're in Australia. I know the crowds and 1178 00:55:18,680 --> 00:55:21,279 Speaker 2: watching the viewer. I mean the fact that Australian sides 1179 00:55:21,320 --> 00:55:23,279 Speaker 2: are competitive makes all the difference, doesn't. 1180 00:55:23,000 --> 00:55:25,279 Speaker 4: It, Well it does. 1181 00:55:26,280 --> 00:55:30,920 Speaker 3: You know, we're seeing really unexpected results and many hoods 1182 00:55:31,000 --> 00:55:34,759 Speaker 3: for many years get broken. And yeah, a huge lot 1183 00:55:34,800 --> 00:55:38,880 Speaker 3: of reversal of results of matches from last year, not 1184 00:55:39,040 --> 00:55:41,759 Speaker 3: just with the Australian sides, even you know, with more 1185 00:55:41,800 --> 00:55:45,359 Speaker 3: on a specific for example, and you know we're seeing 1186 00:55:45,640 --> 00:55:49,120 Speaker 3: big ladder changes. The Crusaders are back from last year 1187 00:55:49,160 --> 00:55:52,120 Speaker 3: as well, So all of that sort of unexpected results 1188 00:55:52,440 --> 00:55:53,680 Speaker 3: is certainly feeling some interest. 1189 00:55:53,840 --> 00:55:56,239 Speaker 2: What sort of television audience are we're talking about, because 1190 00:55:56,239 --> 00:55:59,040 Speaker 2: they seem to be secretive in this country, are relatively secretive. 1191 00:55:59,080 --> 00:56:02,600 Speaker 2: You're claiming thirty an increase in nine viewership and it 1192 00:56:02,680 --> 00:56:05,319 Speaker 2: seems twelve percent here, twelve percent based on what from 1193 00:56:05,400 --> 00:56:07,240 Speaker 2: what to what? I mean, how many hundreds of thousands 1194 00:56:07,239 --> 00:56:08,280 Speaker 2: of people are watching television? 1195 00:56:10,239 --> 00:56:13,840 Speaker 3: Well, our main game on Saturday night in New Zealand 1196 00:56:13,960 --> 00:56:17,600 Speaker 3: is definitely a couple of hundred thousand on Sky, so 1197 00:56:17,840 --> 00:56:21,520 Speaker 3: it's really good numbers. And this is off the back 1198 00:56:21,560 --> 00:56:24,080 Speaker 3: of good, great last year as well. So yeah, we're 1199 00:56:24,080 --> 00:56:25,479 Speaker 3: really pleased with how. 1200 00:56:25,440 --> 00:56:28,719 Speaker 2: That's going because I'm interested in the crowd size as well, 1201 00:56:28,760 --> 00:56:31,560 Speaker 2: because the crowds look a mnemic in some games here, 1202 00:56:32,239 --> 00:56:34,120 Speaker 2: are they not? Or am I just not looking at 1203 00:56:34,120 --> 00:56:36,080 Speaker 2: the right games? And so you're doing averages. 1204 00:56:37,000 --> 00:56:40,400 Speaker 3: Oh no, I mean I think the great great on 1205 00:56:40,520 --> 00:56:45,200 Speaker 3: both sides of the ditch, which is great. Probably lead 1206 00:56:45,280 --> 00:56:48,560 Speaker 3: this year stronger in Australia than New Zealand. But we're 1207 00:56:48,560 --> 00:56:52,080 Speaker 3: seeing we're seeing growth. There's no doubt there's a lot 1208 00:56:52,120 --> 00:56:54,040 Speaker 3: of upside for us to be had. There's a lot 1209 00:56:54,080 --> 00:56:56,120 Speaker 3: of seats, a lot of tickets we can still sell. 1210 00:56:57,360 --> 00:57:00,880 Speaker 3: But again, you know, this doesn't happen overnight. You know, 1211 00:57:01,000 --> 00:57:03,960 Speaker 3: our focus is really a string season and seasons of 1212 00:57:04,200 --> 00:57:07,040 Speaker 3: growth back to back so that we are sort of 1213 00:57:07,120 --> 00:57:10,160 Speaker 3: moving in the right direction. And that's certainly happening. I mean, 1214 00:57:10,200 --> 00:57:12,600 Speaker 3: I think one of the things we did and the 1215 00:57:13,040 --> 00:57:15,800 Speaker 3: data we've released today with a big piece of fan research, 1216 00:57:15,920 --> 00:57:20,160 Speaker 3: really getting into our core product. And you know that's 1217 00:57:20,240 --> 00:57:21,400 Speaker 3: been the focus this season. 1218 00:57:21,600 --> 00:57:24,280 Speaker 2: Good it is to really really work with. 1219 00:57:24,320 --> 00:57:27,120 Speaker 3: The match epistles, the laws of the game to make 1220 00:57:27,160 --> 00:57:28,640 Speaker 3: the product as compelling as possible. 1221 00:57:28,720 --> 00:57:30,520 Speaker 2: Not that I'm being negative, but how much of it's luck? 1222 00:57:30,600 --> 00:57:32,760 Speaker 2: So your static time, I get it, it's around rules, 1223 00:57:32,800 --> 00:57:34,800 Speaker 2: it's movement, I get all of that. But your average, 1224 00:57:35,560 --> 00:57:38,080 Speaker 2: my favorite stat, an average of four point three lead 1225 00:57:38,240 --> 00:57:42,040 Speaker 2: changes per match. That makes it exciting. You can't manufacture 1226 00:57:42,080 --> 00:57:43,160 Speaker 2: that that's just luck, isn't it. 1227 00:57:44,960 --> 00:57:47,440 Speaker 3: Yes, But I think what you can do and what 1228 00:57:47,560 --> 00:57:51,160 Speaker 3: we have done is through those law changes and the 1229 00:57:51,200 --> 00:57:53,920 Speaker 3: match official interpretation moving the game forward, you're bringing You're 1230 00:57:53,920 --> 00:57:57,440 Speaker 3: bringing more fatigue into the match. That opens up the 1231 00:57:57,520 --> 00:58:01,880 Speaker 3: match for this, for this a play that can That 1232 00:58:02,080 --> 00:58:04,800 Speaker 3: means that you know we are getting more unexpected results. 1233 00:58:05,280 --> 00:58:07,480 Speaker 3: And then I think you know, there's there's clearly been 1234 00:58:07,600 --> 00:58:11,400 Speaker 3: some advancement in the Australian teams quality the Australian teams. 1235 00:58:12,320 --> 00:58:14,280 Speaker 3: The rebels have had at a role to play and 1236 00:58:14,360 --> 00:58:16,640 Speaker 3: that is that dispersement of talent has been put through 1237 00:58:16,640 --> 00:58:17,520 Speaker 3: the other teams as well. 1238 00:58:17,800 --> 00:58:19,320 Speaker 2: Good stuff, Jack, go well with it. I hope it 1239 00:58:19,360 --> 00:58:20,920 Speaker 2: goes well for the rest of the season. Jack Mesley, 1240 00:58:20,920 --> 00:58:23,800 Speaker 2: who's the Super Rugby Pacific CEO, four minutes away from 1241 00:58:23,920 --> 00:58:26,400 Speaker 2: eight asking Andrew Little as me or is he the 1242 00:58:26,440 --> 00:58:29,520 Speaker 2: answer to Wellington? I don't even think he was from Wellington. 1243 00:58:29,800 --> 00:58:31,200 Speaker 2: I thought he'd last time I looked at his from 1244 00:58:31,240 --> 00:58:33,960 Speaker 2: New Plymouth? Is that how this works? And this this 1245 00:58:34,120 --> 00:58:36,320 Speaker 2: in a way, And don't get me wrong, I like Andrew. 1246 00:58:36,400 --> 00:58:38,520 Speaker 2: I got a lot of time for him. I don't 1247 00:58:38,560 --> 00:58:40,560 Speaker 2: know how effective as a leader he is. I think 1248 00:58:40,600 --> 00:58:42,360 Speaker 2: we tried that out and it was called the Labor Party. 1249 00:58:42,400 --> 00:58:44,760 Speaker 2: Didn't work that well? So could he be a mayor 1250 00:58:44,920 --> 00:58:47,360 Speaker 2: in Wellington? Why would he be a mayor and Wellington? 1251 00:58:48,040 --> 00:58:50,400 Speaker 2: Could he be amor and Wellington? Only because when you 1252 00:58:50,440 --> 00:58:52,120 Speaker 2: look at the box, you go, oh, Andrew Little here, 1253 00:58:52,160 --> 00:58:54,120 Speaker 2: I recognize that name? And is that all it boils 1254 00:58:54,160 --> 00:58:56,960 Speaker 2: down to? What are his credentials to lead a city? 1255 00:58:57,520 --> 00:58:59,840 Speaker 2: If he couldn't lead a party and couldn't lead a country? 1256 00:59:00,720 --> 00:59:04,040 Speaker 2: And is it literally name recognition? Could Mike Hosking Andrew 1257 00:59:04,160 --> 00:59:09,560 Speaker 2: Little and pick a name Desley Simpson, Lamborghini Lover run 1258 00:59:09,920 --> 00:59:13,160 Speaker 2: for election and just suddenly win because for no the 1259 00:59:13,240 --> 00:59:15,160 Speaker 2: reason you happen to recognize the name. And if that's 1260 00:59:15,200 --> 00:59:17,840 Speaker 2: the case, how weird is that? That's before I get 1261 00:59:17,880 --> 00:59:22,240 Speaker 2: to David Parker, who leaves, who retired yesterday and gives 1262 00:59:22,280 --> 00:59:25,200 Speaker 2: his vow he's a serial entrepreneur, he called himself, which 1263 00:59:25,240 --> 00:59:27,479 Speaker 2: I happen to know is true. He's also a nice 1264 00:59:27,520 --> 00:59:29,760 Speaker 2: guy anyway. The reason I raise both those names as 1265 00:59:29,800 --> 00:59:31,680 Speaker 2: we shall cover them off with a couple more names 1266 00:59:31,960 --> 00:59:33,480 Speaker 2: in just a couple of moments. And those names are 1267 00:59:33,520 --> 00:59:37,600 Speaker 2: Mark Mitchell, and Ginny Anderson's Politics Wednesday is next. 1268 00:59:39,080 --> 00:59:42,640 Speaker 1: Setting the agenda and talking the big issues, the Mike 1269 00:59:42,720 --> 00:59:47,560 Speaker 1: Hosking Breakfast with Alveda, Retirement, Communities, Life Your Way, News, 1270 00:59:47,600 --> 00:59:52,160 Speaker 1: Togsdad Bhing Normal. 1271 00:59:54,040 --> 01:00:07,360 Speaker 30: Mr is Marlon Williams in what seems to be a 1272 01:00:07,480 --> 01:00:10,040 Speaker 30: scene at the moment of putting out albums in the 1273 01:00:10,120 --> 01:00:10,880 Speaker 30: Maray language. 1274 01:00:11,440 --> 01:00:12,080 Speaker 3: And it was. 1275 01:00:14,160 --> 01:00:17,640 Speaker 2: Stan Walker who got the what are we calling them 1276 01:00:17,720 --> 01:00:20,400 Speaker 2: the songwriters? And there was the Silver Sculls, but the 1277 01:00:20,440 --> 01:00:22,960 Speaker 2: awards that got announced yesterday or the day before, so 1278 01:00:23,080 --> 01:00:25,240 Speaker 2: he got the most nominations. He's put an Alman and 1279 01:00:25,360 --> 01:00:28,919 Speaker 2: Murray and then there was a Rapper and Cheetah particularly well. 1280 01:00:29,040 --> 01:00:33,320 Speaker 2: And Marlon Williams has put this out and I did 1281 01:00:33,400 --> 01:00:35,439 Speaker 2: read an article the other day that suggested he wants 1282 01:00:35,480 --> 01:00:42,280 Speaker 2: to dream in Murray. There are fourteen tracks. In fact, 1283 01:00:42,320 --> 01:00:44,040 Speaker 2: this is the album where Lord speeching in one of 1284 01:00:44,080 --> 01:00:50,400 Speaker 2: them thirty eight minutes and forty nine seconds. We wished 1285 01:00:50,440 --> 01:00:53,040 Speaker 2: them well on their awards. It is eight minutes past eight. 1286 01:00:53,520 --> 01:00:58,320 Speaker 2: From the Labor Party Ginny Anderson, good morning, good morning, 1287 01:00:58,440 --> 01:01:00,960 Speaker 2: and from the National Party Market Ritual, Good morning to you, 1288 01:01:01,600 --> 01:01:04,400 Speaker 2: Good morning, Mike, Ginny. Did I make a mistake before 1289 01:01:04,440 --> 01:01:07,480 Speaker 2: the news. Where did I get the idea that Andrew 1290 01:01:07,560 --> 01:01:08,880 Speaker 2: Little was from New Plymouth? 1291 01:01:10,320 --> 01:01:12,840 Speaker 11: He stood in New Plymouth and he has lived there 1292 01:01:12,880 --> 01:01:15,800 Speaker 11: for some time, so he was Yeah, he stood there, 1293 01:01:15,840 --> 01:01:17,360 Speaker 11: But he now lives in an Island Bay. 1294 01:01:17,480 --> 01:01:20,360 Speaker 2: Right, So has he lived as my texts has he said? 1295 01:01:20,640 --> 01:01:22,400 Speaker 2: My text here says he's lived in Island Bay for 1296 01:01:22,480 --> 01:01:24,360 Speaker 2: fifteen years, which I don't think is true because he's 1297 01:01:24,480 --> 01:01:25,400 Speaker 2: stood for New Plymouth. 1298 01:01:26,720 --> 01:01:27,360 Speaker 21: Its family. 1299 01:01:27,520 --> 01:01:29,800 Speaker 11: I can know his mum lived there for a while. 1300 01:01:29,920 --> 01:01:32,080 Speaker 11: I'd have to go double check. But he's got family 1301 01:01:32,160 --> 01:01:34,439 Speaker 11: connections there and he has lived there in his life 1302 01:01:34,720 --> 01:01:35,880 Speaker 11: and spent time growing up there. 1303 01:01:36,000 --> 01:01:38,160 Speaker 2: Would he be better than Tory? Would any I mean, 1304 01:01:38,240 --> 01:01:39,919 Speaker 2: let's be honest, would anyone be better than. 1305 01:01:41,760 --> 01:01:42,320 Speaker 4: Absolutely? 1306 01:01:42,720 --> 01:01:44,280 Speaker 11: I think he'd be pretty good, to be honest. I 1307 01:01:44,320 --> 01:01:46,560 Speaker 11: think he'd cut through a lot of the mucking around. 1308 01:01:46,640 --> 01:01:48,880 Speaker 11: I mean, you know, they've kind of debated whether to 1309 01:01:49,240 --> 01:01:52,120 Speaker 11: bulldoze the Bagonia House for about you know, five months 1310 01:01:52,200 --> 01:01:52,760 Speaker 11: or six months. 1311 01:01:52,800 --> 01:01:54,200 Speaker 2: That's a crime that's beautiful there. 1312 01:01:55,360 --> 01:01:57,920 Speaker 11: But he's someone who would kind of not just announce 1313 01:01:58,000 --> 01:01:59,959 Speaker 11: things and then do a U turn and muck around 1314 01:02:00,120 --> 01:02:01,720 Speaker 11: that he would get on with the job. And I 1315 01:02:01,760 --> 01:02:04,680 Speaker 11: think he'd realized the importance of creating consensus and a 1316 01:02:04,760 --> 01:02:08,440 Speaker 11: council and if once you've got your majority, having agreement 1317 01:02:08,560 --> 01:02:10,720 Speaker 11: in just getting work done, I think he'd be. 1318 01:02:10,760 --> 01:02:11,080 Speaker 27: Good at that. 1319 01:02:11,360 --> 01:02:13,320 Speaker 2: Can I ask the question that I'm assuming a lot 1320 01:02:13,360 --> 01:02:14,960 Speaker 2: of people would ask if he ran. If you can't 1321 01:02:15,000 --> 01:02:16,760 Speaker 2: run the country and you can't run the Labor Party, 1322 01:02:16,800 --> 01:02:17,919 Speaker 2: what makes you think you can run. 1323 01:02:17,880 --> 01:02:22,680 Speaker 11: Wellington well I think he's the kind of person that 1324 01:02:22,760 --> 01:02:25,680 Speaker 11: doesn't divide people, and I think that's problematic at local 1325 01:02:25,800 --> 01:02:29,480 Speaker 11: government level that some people don't quite realize that you've 1326 01:02:29,520 --> 01:02:31,600 Speaker 11: got a range of different views and you need to 1327 01:02:31,680 --> 01:02:35,200 Speaker 11: bring them together to get progress happening. I think he's 1328 01:02:35,240 --> 01:02:38,240 Speaker 11: quite level headed and you would be trusted as a good, 1329 01:02:38,280 --> 01:02:40,720 Speaker 11: safe pair of Henes just to get progress, and Wellington 1330 01:02:40,760 --> 01:02:44,240 Speaker 11: desperately needs it. We just need some progress to start happening, 1331 01:02:44,360 --> 01:02:47,600 Speaker 11: and to happen that life and economic vitality back into 1332 01:02:47,680 --> 01:02:48,080 Speaker 11: our city. 1333 01:02:48,400 --> 01:02:50,880 Speaker 2: Mark. Have you met the Napui people up north on 1334 01:02:50,960 --> 01:02:51,840 Speaker 2: the methan fhetamine. 1335 01:02:52,840 --> 01:02:53,800 Speaker 4: No, we're meeting today. 1336 01:02:53,880 --> 01:02:56,040 Speaker 25: We've got a meeting today with them, so they're in Wellington, 1337 01:02:56,120 --> 01:02:57,880 Speaker 25: so we'll all be coming together for a meeting later 1338 01:02:57,960 --> 01:02:59,080 Speaker 25: on so afternoon. 1339 01:02:58,960 --> 01:03:01,200 Speaker 2: Because that report that went to this is separate, he 1340 01:03:01,280 --> 01:03:03,520 Speaker 2: wrote to you. But the report that went to cases Castello, 1341 01:03:03,520 --> 01:03:06,440 Speaker 2: I mean, what are shambles with organized crime and the 1342 01:03:06,640 --> 01:03:08,320 Speaker 2: myth and the I mean, jeez. 1343 01:03:09,320 --> 01:03:12,360 Speaker 25: Well, we know that we've got a big problem as 1344 01:03:12,400 --> 01:03:14,960 Speaker 25: a country. We know that this has taken decades to 1345 01:03:15,040 --> 01:03:17,160 Speaker 25: sort of grow and manifest itself. But I can tell 1346 01:03:17,160 --> 01:03:19,600 Speaker 25: you this that in the last eighty months we've already 1347 01:03:19,640 --> 01:03:22,320 Speaker 25: taken really firm steps in terms of dealing with that. 1348 01:03:23,200 --> 01:03:23,840 Speaker 4: We committed to. 1349 01:03:23,840 --> 01:03:25,080 Speaker 25: Make sure that we get on top of it. It 1350 01:03:25,160 --> 01:03:27,400 Speaker 25: is going to take a whole of system approaching. When 1351 01:03:27,440 --> 01:03:30,600 Speaker 25: I say that, I mean central government, local government, community, 1352 01:03:30,640 --> 01:03:31,720 Speaker 25: groups of private sector. 1353 01:03:32,400 --> 01:03:33,480 Speaker 4: But look, we can get on top of it. 1354 01:03:33,520 --> 01:03:35,000 Speaker 25: When it was certainly not that we haven't waved the 1355 01:03:35,040 --> 01:03:36,840 Speaker 25: white flag on the amount of crime that we still 1356 01:03:36,920 --> 01:03:39,160 Speaker 25: grow over the last six years, we're slowly getting on 1357 01:03:39,200 --> 01:03:39,520 Speaker 25: top of that. 1358 01:03:39,560 --> 01:03:40,440 Speaker 4: We're going to get on top of this. 1359 01:03:40,680 --> 01:03:43,479 Speaker 2: You need to both of you, though, do something about 1360 01:03:43,520 --> 01:03:45,440 Speaker 2: this business. How many reports have I read in my 1361 01:03:45,560 --> 01:03:47,680 Speaker 2: forty four years in this industry that say there's not 1362 01:03:47,800 --> 01:03:50,680 Speaker 2: enough sharing of information between government departments and there are 1363 01:03:50,760 --> 01:03:53,280 Speaker 2: rules of regulations and attitudes around that and none of 1364 01:03:53,360 --> 01:03:55,720 Speaker 2: that and this report says the same thing, none of 1365 01:03:55,760 --> 01:03:57,200 Speaker 2: that seems to have changed. Why not? 1366 01:03:58,320 --> 01:03:59,840 Speaker 4: So we are breaking those walls down. 1367 01:03:59,880 --> 01:04:01,800 Speaker 25: And of course, you know, the whole idea of a 1368 01:04:01,880 --> 01:04:04,480 Speaker 25: social Investment agency is to make sure that we get 1369 01:04:04,520 --> 01:04:08,200 Speaker 25: all the government agencies that historically operate in silos working 1370 01:04:08,240 --> 01:04:10,439 Speaker 25: together and focused on where the best use of tax 1371 01:04:10,480 --> 01:04:13,440 Speaker 25: bars money lies and what will deliver the best results. 1372 01:04:13,480 --> 01:04:15,520 Speaker 4: And that comes to fighting crime as well. 1373 01:04:16,160 --> 01:04:19,080 Speaker 25: And look at the classic example is myself and Simon 1374 01:04:19,120 --> 01:04:22,480 Speaker 25: Wattson and Casey Costello, who of course is my associate 1375 01:04:22,640 --> 01:04:25,000 Speaker 25: and has got the delegation for this, and the reason 1376 01:04:25,040 --> 01:04:27,840 Speaker 25: why she has that is because she's also got customs 1377 01:04:28,000 --> 01:04:30,800 Speaker 25: and they've got an important role to play around law enforcement. 1378 01:04:30,920 --> 01:04:34,480 Speaker 25: And she was a qualified detective, she was a vice 1379 01:04:34,520 --> 01:04:38,280 Speaker 25: president with the Police Association. She's outstanding, very experienced in 1380 01:04:38,360 --> 01:04:40,760 Speaker 25: her and I work very closely together in terms of 1381 01:04:40,840 --> 01:04:41,280 Speaker 25: dealing with this. 1382 01:04:41,400 --> 01:04:43,000 Speaker 4: But I had a meeting with Simon watts who. 1383 01:04:42,880 --> 01:04:45,760 Speaker 25: As the Minister for IRD just before Christmas and said 1384 01:04:46,000 --> 01:04:49,000 Speaker 25: we've got to get information, share and support happening across 1385 01:04:49,040 --> 01:04:50,000 Speaker 25: the agency is much better. 1386 01:04:50,040 --> 01:04:50,640 Speaker 4: And that's happening. 1387 01:04:50,840 --> 01:04:53,400 Speaker 2: Are they running if I'm running pe AM, I running 1388 01:04:53,400 --> 01:04:57,400 Speaker 2: that through the ir D taking more cash operation. 1389 01:04:58,080 --> 01:05:05,439 Speaker 11: No, that would be nice, I think. Well to note 1390 01:05:05,440 --> 01:05:08,200 Speaker 11: actually they've actually slightly loosened up anti money launderings. There's 1391 01:05:08,200 --> 01:05:10,320 Speaker 11: a Billet's elect committing now which we're taking a look at. 1392 01:05:10,640 --> 01:05:12,520 Speaker 11: So it is it is a concern about how much 1393 01:05:12,560 --> 01:05:14,840 Speaker 11: money laundering. John k was pretty good at cracking down 1394 01:05:14,880 --> 01:05:16,160 Speaker 11: on that, and I think we actually need to take 1395 01:05:16,200 --> 01:05:18,600 Speaker 11: a closer look at it. But these two key issues 1396 01:05:18,640 --> 01:05:20,560 Speaker 11: that we need an answer to. First of all, we 1397 01:05:20,640 --> 01:05:22,880 Speaker 11: need to know how much it's the Mexican cartails coming 1398 01:05:22,920 --> 01:05:26,080 Speaker 11: and selling meath much cheaper. It's dropped in about thirty 1399 01:05:26,080 --> 01:05:28,720 Speaker 11: eight percent in price. It's the biggest price drop in 1400 01:05:28,760 --> 01:05:31,360 Speaker 11: New Zealand's history, and that means the market is flooded 1401 01:05:31,400 --> 01:05:34,440 Speaker 11: with cheap methamphetamine. And the second point we need to 1402 01:05:34,520 --> 01:05:37,040 Speaker 11: really find out is is it the same user group 1403 01:05:37,440 --> 01:05:40,520 Speaker 11: using more using is that the ninety six percent increase 1404 01:05:41,040 --> 01:05:43,560 Speaker 11: or is it a widing group. Are they younger people 1405 01:05:43,760 --> 01:05:46,080 Speaker 11: using And that's the big worry because that steals over 1406 01:05:46,200 --> 01:05:47,040 Speaker 11: into retail crime. 1407 01:05:47,280 --> 01:05:49,760 Speaker 25: So at the moment, the evidence on the second point 1408 01:05:49,920 --> 01:05:52,640 Speaker 25: is the fact that we're not seeing although that obviously 1409 01:05:52,680 --> 01:05:56,080 Speaker 25: in the latest wastewater testing there's been a massive increase. 1410 01:05:56,520 --> 01:05:58,960 Speaker 25: We're not seeing that manifest itself in the health system 1411 01:05:59,160 --> 01:06:00,640 Speaker 25: or so we. 1412 01:06:00,640 --> 01:06:04,880 Speaker 2: Don't know the same people more more. Yeah, exactly, And 1413 01:06:05,000 --> 01:06:06,120 Speaker 2: the excerts have said so. 1414 01:06:06,280 --> 01:06:08,600 Speaker 11: Chris Wilkins, I'm sure, who's been in the space for 1415 01:06:08,760 --> 01:06:11,240 Speaker 11: twenty years, says that it takes about three to four 1416 01:06:11,320 --> 01:06:13,840 Speaker 11: months maybe more for it to kind of for one 1417 01:06:13,880 --> 01:06:16,440 Speaker 11: a bit of a word, to actually start showing in 1418 01:06:16,600 --> 01:06:19,640 Speaker 11: social disintegration as family units start to break down and 1419 01:06:19,680 --> 01:06:22,240 Speaker 11: people commit crime against the people they love. That's what 1420 01:06:22,520 --> 01:06:25,280 Speaker 11: it does to communities, and so it'll take four or 1421 01:06:25,320 --> 01:06:27,560 Speaker 11: five months for those kinds of signs to start presenting. 1422 01:06:27,760 --> 01:06:29,320 Speaker 2: All right, let's take a brief break more in a moment. 1423 01:06:29,400 --> 01:06:31,920 Speaker 2: Jinny Anderson, Mark Mentell thirteen past the. 1424 01:06:32,120 --> 01:06:36,600 Speaker 1: Mic Asking Breakfast full Show podcast on iHeartRadio, how it by, 1425 01:06:36,680 --> 01:06:37,520 Speaker 1: News Talks. 1426 01:06:37,240 --> 01:06:40,280 Speaker 2: It Be News Talks will be sixteen past eight, couple 1427 01:06:40,280 --> 01:06:45,320 Speaker 2: of quickies Ginny Mark with us Jinny David Parker thoughts 1428 01:06:45,440 --> 01:06:45,960 Speaker 2: out of ten. 1429 01:06:47,880 --> 01:06:51,080 Speaker 11: He's a great guy. He's a huge contribution, and to 1430 01:06:51,200 --> 01:06:54,760 Speaker 11: be honest, he's a personal friend. I've known him pretty 1431 01:06:54,840 --> 01:06:57,440 Speaker 11: much straight away since he came into Parliament and he's 1432 01:06:57,480 --> 01:06:59,040 Speaker 11: one of those people that if you've got a problem 1433 01:06:59,160 --> 01:07:00,520 Speaker 11: or you're dealing with an is so you can go 1434 01:07:00,760 --> 01:07:02,760 Speaker 11: into his office and talk to him and he will 1435 01:07:02,800 --> 01:07:07,280 Speaker 11: just give you an hour. He's really generous and incredibly clever. 1436 01:07:07,600 --> 01:07:08,280 Speaker 11: Real smart guy. 1437 01:07:08,440 --> 01:07:09,560 Speaker 2: Yes, he is a thought smart. 1438 01:07:10,960 --> 01:07:11,120 Speaker 14: Yeah. 1439 01:07:11,160 --> 01:07:13,400 Speaker 25: I really liked David. I mean I remember when I 1440 01:07:13,480 --> 01:07:16,160 Speaker 25: was Defense Minister. I took him up to Bagdad to 1441 01:07:16,240 --> 01:07:18,800 Speaker 25: see our troops up there, and he came back and 1442 01:07:18,800 --> 01:07:20,640 Speaker 25: he was very supportive of them, and I got to 1443 01:07:20,720 --> 01:07:23,200 Speaker 25: know him on that trip, and so yeah, just huge 1444 01:07:23,200 --> 01:07:26,000 Speaker 25: acknowledgment and respect for his service and what he's done. 1445 01:07:26,760 --> 01:07:29,040 Speaker 25: He's obviously moving on to Green of Field, so they 1446 01:07:29,080 --> 01:07:31,720 Speaker 25: say that when you leave Parliament you're immediately ten years younger, 1447 01:07:31,800 --> 01:07:34,240 Speaker 25: so I'm sure he's hoping that happens as well. 1448 01:07:35,120 --> 01:07:38,840 Speaker 2: Protection for MP's Ginny. They're looking at this at the moment. 1449 01:07:38,960 --> 01:07:41,680 Speaker 2: Shane Jones obviously is in the news. Brownly apparently is 1450 01:07:41,720 --> 01:07:44,160 Speaker 2: looking to say do you feel you need something more 1451 01:07:44,200 --> 01:07:45,560 Speaker 2: than what you have, which, as far as I can 1452 01:07:45,600 --> 01:07:47,200 Speaker 2: work out as an alarm and nothing else. 1453 01:07:48,160 --> 01:07:51,240 Speaker 11: I would say that I think post COVID things shifted. 1454 01:07:51,920 --> 01:07:56,120 Speaker 11: You did get more kind of weird stuff happening in 1455 01:07:56,360 --> 01:07:58,520 Speaker 11: sort of threats, not just on social media but in 1456 01:07:58,640 --> 01:08:02,080 Speaker 11: other areas as well. So yeah, I think the threat 1457 01:08:02,200 --> 01:08:05,840 Speaker 11: risk has probably increased. To be honest, it's for not 1458 01:08:06,160 --> 01:08:08,400 Speaker 11: like not Park. Your women get it far more, far 1459 01:08:08,520 --> 01:08:11,960 Speaker 11: greater in terms of online abuse. And that's just the 1460 01:08:12,040 --> 01:08:14,720 Speaker 11: honest truth. But the kinds of things people are saying 1461 01:08:14,760 --> 01:08:17,800 Speaker 11: to you are kind of weird, and yeah, so I 1462 01:08:17,840 --> 01:08:20,080 Speaker 11: always watch it myself to see what they're actually saying. 1463 01:08:20,160 --> 01:08:22,519 Speaker 11: And sometimes, to be honest, maybe I shouldn't, but I 1464 01:08:22,600 --> 01:08:25,000 Speaker 11: do respond to emails I get that that are religion 1465 01:08:25,080 --> 01:08:27,360 Speaker 11: weird stuff, do you, because I feel they deserve a 1466 01:08:27,400 --> 01:08:29,240 Speaker 11: response a lot from your show. Actually, not to be 1467 01:08:29,840 --> 01:08:33,680 Speaker 11: I get about four or five emails from different individuals 1468 01:08:33,720 --> 01:08:36,680 Speaker 11: around the company country with some pretty interesting views, and 1469 01:08:36,800 --> 01:08:40,040 Speaker 11: I often I usually respond, So maybe that's maybe I 1470 01:08:40,040 --> 01:08:40,800 Speaker 11: should stop doing that. 1471 01:08:40,920 --> 01:08:44,479 Speaker 2: But iblic official, and I guess you're sort of open 1472 01:08:44,520 --> 01:08:46,200 Speaker 2: to that sort of thing, Mark, do you? I mean 1473 01:08:46,240 --> 01:08:48,120 Speaker 2: in a high but really like when you're Minister of 1474 01:08:48,200 --> 01:08:52,360 Speaker 2: the Crown, Mark, so police, but I think most people 1475 01:08:52,400 --> 01:08:54,439 Speaker 2: will be on your side ish now, apart from maybe 1476 01:08:54,479 --> 01:08:57,880 Speaker 2: the gangs, but in those contentious areas. I mean, Shane 1477 01:08:57,960 --> 01:09:00,559 Speaker 2: Jones's wife doesn't deserve what happened at all. Deport does 1478 01:09:00,640 --> 01:09:00,960 Speaker 2: you no. 1479 01:09:01,680 --> 01:09:06,160 Speaker 25: Know what that look and that completely totally, you know, 1480 01:09:06,680 --> 01:09:09,840 Speaker 25: condemned that behavior and without a doubt. I think since 1481 01:09:09,920 --> 01:09:13,439 Speaker 25: post COVID, for some reason, boundaries have changed. People are 1482 01:09:13,760 --> 01:09:17,519 Speaker 25: more aggressive and which is bad. As a country. We 1483 01:09:17,600 --> 01:09:19,559 Speaker 25: got to start to move ourselves back in the other direction. 1484 01:09:20,560 --> 01:09:22,559 Speaker 25: Look like, to be honest with you, I've been lucky. Yes, 1485 01:09:22,680 --> 01:09:24,960 Speaker 25: I can't talk publicly about some of the threats that 1486 01:09:25,000 --> 01:09:25,360 Speaker 25: I've had. 1487 01:09:26,000 --> 01:09:26,639 Speaker 4: They do come. 1488 01:09:26,760 --> 01:09:29,599 Speaker 25: They've been mostly because of the work they've done around gangs. 1489 01:09:29,960 --> 01:09:32,799 Speaker 25: That's not going to stop. But I worry about my staff. 1490 01:09:32,840 --> 01:09:36,040 Speaker 25: We had someone in my office last week that required 1491 01:09:36,520 --> 01:09:40,360 Speaker 25: a police response, and you know that that's the world 1492 01:09:40,400 --> 01:09:44,120 Speaker 25: that we live in. For me, I just I'm not alarmist, 1493 01:09:44,479 --> 01:09:46,360 Speaker 25: and I'm just situation where and make sure that my 1494 01:09:46,400 --> 01:09:47,880 Speaker 25: staff and every want is safe from around me. 1495 01:09:49,000 --> 01:09:51,840 Speaker 2: A couple of mark do you know anything about Hamish 1496 01:09:51,840 --> 01:09:53,600 Speaker 2: Campbell of Ireland and two by twos and what the 1497 01:09:53,640 --> 01:09:55,320 Speaker 2: hell's going on here and whether this is a thing 1498 01:09:55,439 --> 01:09:55,560 Speaker 2: or not? 1499 01:09:57,120 --> 01:09:59,640 Speaker 25: To me, it just looks like a huge nothing beat up, 1500 01:10:00,800 --> 01:10:03,080 Speaker 25: you know, I know Hamous very well. He's a good guy. 1501 01:10:03,160 --> 01:10:06,759 Speaker 25: He's he's a very good local MP, really diligent, hard working, 1502 01:10:08,040 --> 01:10:09,240 Speaker 25: hard working in our caucus. 1503 01:10:10,000 --> 01:10:10,880 Speaker 4: So I don't know. 1504 01:10:11,040 --> 01:10:12,840 Speaker 25: I've only seen what I've read in the media, and 1505 01:10:12,920 --> 01:10:15,639 Speaker 25: to me, it's like, I don't really know what they're 1506 01:10:15,640 --> 01:10:16,120 Speaker 25: going on to it. 1507 01:10:16,520 --> 01:10:17,040 Speaker 4: What do you do? 1508 01:10:17,120 --> 01:10:18,680 Speaker 2: Do you have a view? Ginny? Do you know what 1509 01:10:18,760 --> 01:10:23,880 Speaker 2: the twos are? You ever heard of the not in perhaps. 1510 01:10:25,600 --> 01:10:28,560 Speaker 11: And I've ever been advised into one? No, I have 1511 01:10:28,680 --> 01:10:31,080 Speaker 11: read about them. I'm always a bit interested in cults 1512 01:10:31,160 --> 01:10:33,720 Speaker 11: and you know, like sort of small groups. I've read 1513 01:10:33,760 --> 01:10:35,680 Speaker 11: about them, and I think the fear point would be 1514 01:10:35,720 --> 01:10:39,679 Speaker 11: if there is a police investigation relating to child abuse 1515 01:10:39,760 --> 01:10:41,479 Speaker 11: and that needs to play out and you need to leave. 1516 01:10:41,720 --> 01:10:43,920 Speaker 2: Of course, I don't think anyone's talking that. What I 1517 01:10:43,960 --> 01:10:46,479 Speaker 2: couldn't work out is the repolice investigation in New Zealand. 1518 01:10:47,880 --> 01:10:50,320 Speaker 11: I think that I FBI have contacted New Zealand. There 1519 01:10:50,320 --> 01:10:52,479 Speaker 11: seems to be like there's a bit obscure, but there 1520 01:10:52,479 --> 01:10:54,479 Speaker 11: seems to be some contact. Mike will probably know more, 1521 01:10:54,760 --> 01:10:56,840 Speaker 11: but it seems like I FBI have contacted New Zealand 1522 01:10:56,880 --> 01:10:59,839 Speaker 11: police for information and there's some sort of well, that's 1523 01:11:00,200 --> 01:11:01,120 Speaker 11: that's that that. 1524 01:11:01,160 --> 01:11:03,240 Speaker 25: Would be an operational meta. So no, I don't know 1525 01:11:03,280 --> 01:11:05,840 Speaker 25: anything about that. And if there's a FBI a joint 1526 01:11:05,840 --> 01:11:09,719 Speaker 25: police investigation, then let that happen and let them control 1527 01:11:09,800 --> 01:11:11,080 Speaker 25: that in reporting. 1528 01:11:11,080 --> 01:11:13,599 Speaker 2: It just couldn't work out whether he's been ping, because 1529 01:11:13,840 --> 01:11:15,559 Speaker 2: I mean it's it's I don't know what the two 1530 01:11:15,600 --> 01:11:17,360 Speaker 2: by twos do or don't do. But at the end 1531 01:11:17,400 --> 01:11:20,920 Speaker 2: of the day, unless he's directly accused in some way, 1532 01:11:21,000 --> 01:11:24,000 Speaker 2: shape or form of doing something illegal, being part of 1533 01:11:24,080 --> 01:11:26,040 Speaker 2: something isn't a thing. And it's like saying, look, there's 1534 01:11:26,040 --> 01:11:27,960 Speaker 2: a lot of dodgy people in the Roman Catholic Church 1535 01:11:28,000 --> 01:11:28,880 Speaker 2: and what do you know about that? 1536 01:11:29,439 --> 01:11:30,400 Speaker 4: I agree with you completely. 1537 01:11:30,479 --> 01:11:32,479 Speaker 25: That's the whole point is that why are they reporting 1538 01:11:32,520 --> 01:11:36,960 Speaker 25: on something that unless you know, unless there is involvement 1539 01:11:37,080 --> 01:11:37,680 Speaker 25: or something like that. 1540 01:11:38,400 --> 01:11:39,720 Speaker 4: To me, it just looks like a beat up. 1541 01:11:39,920 --> 01:11:43,160 Speaker 2: Just quickly, Ginny, I'm up against it now, Benjamin Doyle. 1542 01:11:43,240 --> 01:11:45,439 Speaker 2: Do we need to have something more than what we 1543 01:11:45,600 --> 01:11:48,200 Speaker 2: have currently by way of information detail anything? 1544 01:11:49,720 --> 01:11:52,000 Speaker 11: Well, I mean again, it's a similar situation to the 1545 01:11:52,040 --> 01:11:54,800 Speaker 11: one you've just discussed. If there are grounds for a 1546 01:11:54,880 --> 01:11:59,120 Speaker 11: further investigation, that's that there are people to do that, 1547 01:11:59,400 --> 01:12:01,880 Speaker 11: but I don't think so. I think more in terms 1548 01:12:01,920 --> 01:12:04,240 Speaker 11: of a safety it seems like there's been some pretty 1549 01:12:04,280 --> 01:12:07,599 Speaker 11: significant de threats to him, so I think there needs 1550 01:12:07,640 --> 01:12:10,400 Speaker 11: to be some serious considerations around whether he can continue 1551 01:12:10,439 --> 01:12:13,360 Speaker 11: to feel safe in the parliamentary environment and even in 1552 01:12:13,400 --> 01:12:14,320 Speaker 11: the public as well. 1553 01:12:15,080 --> 01:12:17,519 Speaker 2: Yeah, anything, make no. 1554 01:12:17,600 --> 01:12:19,160 Speaker 4: I just think in terms of the safety thing. 1555 01:12:19,240 --> 01:12:22,800 Speaker 25: Look, I totally agree that you know, people should be 1556 01:12:22,840 --> 01:12:25,240 Speaker 25: able to feel safe whether they're at home, whether out 1557 01:12:25,240 --> 01:12:28,320 Speaker 25: in public, or they're in their workplace. So that's the 1558 01:12:28,400 --> 01:12:29,720 Speaker 25: number one thing that needs to be a dressed. But 1559 01:12:29,720 --> 01:12:32,040 Speaker 25: at the end of the days, he's paid by the tech. 1560 01:12:32,080 --> 01:12:34,000 Speaker 25: We're all paid by the text pars. We're in service 1561 01:12:34,439 --> 01:12:37,000 Speaker 25: of the text pars andations. 1562 01:12:36,160 --> 01:12:37,200 Speaker 4: Which we find up to work here. 1563 01:12:37,240 --> 01:12:39,280 Speaker 2: Good stuff. Nice talk to you, Mark Mitchell, Ginny Anderson 1564 01:12:39,320 --> 01:12:40,080 Speaker 2: A twenty two. 1565 01:12:41,120 --> 01:12:45,120 Speaker 1: The MAKEE Hosking Breakfast with Bailey's Real Estate News Talks. 1566 01:12:45,160 --> 01:12:47,360 Speaker 2: They'd be well, how good are the holidays? We've got 1567 01:12:47,400 --> 01:12:50,160 Speaker 2: some coming up of course with Booker Batch. Holidays are 1568 01:12:50,200 --> 01:12:52,880 Speaker 2: how they should be fantastic memorable, because holidays are meant 1569 01:12:52,920 --> 01:12:54,960 Speaker 2: to be, you know, creating memories with the family, not 1570 01:12:55,000 --> 01:12:58,800 Speaker 2: putting up with an uninvited stranger crashing your Coremandel escape. 1571 01:12:58,840 --> 01:13:00,720 Speaker 2: When you're into holiday home by the way from Book 1572 01:13:00,760 --> 01:13:03,160 Speaker 2: a Batch, you always get like the whole house all 1573 01:13:03,240 --> 01:13:05,080 Speaker 2: to yourself, so you never have to worry about sharing 1574 01:13:05,080 --> 01:13:07,479 Speaker 2: your holiday home with an overbearing host ebba A. No 1575 01:13:07,600 --> 01:13:11,479 Speaker 2: more host reiterating the house rules every single day. Are 1576 01:13:11,560 --> 01:13:14,080 Speaker 2: no more host mowing the lawns, whacking the weeds at 1577 01:13:14,120 --> 01:13:15,880 Speaker 2: sex in the morning. No more host joining you for 1578 01:13:15,920 --> 01:13:17,840 Speaker 2: dinner by the pool than their togs, which means you 1579 01:13:17,920 --> 01:13:21,000 Speaker 2: can you can stress less, you can enjoy more and 1580 01:13:21,400 --> 01:13:23,680 Speaker 2: get that precious holiday time together a going. So how 1581 01:13:23,720 --> 01:13:25,960 Speaker 2: good would all of that be? Well, next time a 1582 01:13:26,000 --> 01:13:29,320 Speaker 2: holiday is on the horizon, ghosts the host plan a 1583 01:13:29,360 --> 01:13:31,439 Speaker 2: trip in the perfect time with the whole family, and 1584 01:13:31,520 --> 01:13:33,200 Speaker 2: the whole family will love it. And the place you 1585 01:13:33,240 --> 01:13:37,920 Speaker 2: go is Book a Batch, Book a Batch. Asking, does 1586 01:13:37,960 --> 01:13:40,919 Speaker 2: some more investigation need to be done into Ginny's fascination 1587 01:13:41,040 --> 01:13:46,120 Speaker 2: with cults? Just asking? So refreshing to hear those two 1588 01:13:46,240 --> 01:13:49,280 Speaker 2: not sniping at each other but having adult conversations about 1589 01:13:49,320 --> 01:13:51,720 Speaker 2: some fixing major issues. Well done, Michael, thank you for that. 1590 01:13:52,200 --> 01:13:55,120 Speaker 2: Next text, Mike, time to change up the slot. Done 1591 01:13:55,200 --> 01:14:01,599 Speaker 2: with both, Kay for the same said second thoughts exactly 1592 01:14:01,680 --> 01:14:04,040 Speaker 2: another fun day on the mic Hosking Breakfast. Just if 1593 01:14:04,080 --> 01:14:06,479 Speaker 2: you a listener to this program, a regular to this program, 1594 01:14:06,960 --> 01:14:09,519 Speaker 2: and you are emailing Jenny, can you just as a 1595 01:14:09,560 --> 01:14:11,719 Speaker 2: personal favor to me, not come across as too weird? 1596 01:14:12,280 --> 01:14:16,040 Speaker 2: Don't say strange stuff. Just say don't say random unusual stuff. 1597 01:14:16,640 --> 01:14:19,120 Speaker 2: I'm just interested in the reputation of the program on 1598 01:14:19,160 --> 01:14:22,639 Speaker 2: a broader scale because the difficulty of having got quite 1599 01:14:22,760 --> 01:14:25,240 Speaker 2: large as a program is you got You've got the 1600 01:14:25,280 --> 01:14:26,879 Speaker 2: whole kit kaboodle of the population. 1601 01:14:26,960 --> 01:14:27,160 Speaker 19: Here. 1602 01:14:27,200 --> 01:14:27,920 Speaker 4: Everyone's welcome. 1603 01:14:27,960 --> 01:14:30,519 Speaker 2: It's everyone's welcome. Broad check. No, everyone's there's a super 1604 01:14:30,560 --> 01:14:33,679 Speaker 2: broad church. But just you know, just keep the nuhiness 1605 01:14:33,720 --> 01:14:37,000 Speaker 2: at bay. Just on the emails if you don't mind news. 1606 01:14:36,760 --> 01:14:41,560 Speaker 5: As the Breakfast show, Kiwi's trust to stay in the know. 1607 01:14:42,040 --> 01:14:45,120 Speaker 1: The mic Hosking Breakfast with the range Rover vi LA 1608 01:14:45,560 --> 01:14:48,519 Speaker 1: designed to intrigue and use togs dead b might. 1609 01:14:48,479 --> 01:14:50,720 Speaker 2: Be interested to hear in New Zealand regional stats. My 1610 01:14:50,840 --> 01:14:53,360 Speaker 2: husband trying to fly Auckland to Taupo yesterday canceled and 1611 01:14:53,479 --> 01:14:56,640 Speaker 2: from Kerry Carey to Auckland today delayed. This happens frequently 1612 01:14:56,800 --> 01:15:00,920 Speaker 2: on provincial routes. Don't worry. As I mentioned, we are 1613 01:15:01,400 --> 01:15:05,960 Speaker 2: right up the JACKXI of the Ministry of transfermaket Urgent Urgent. 1614 01:15:06,400 --> 01:15:09,160 Speaker 2: We wrote and we rang them on Monday and we 1615 01:15:09,280 --> 01:15:13,800 Speaker 2: got the response back on Tuesday yesterday, first thing saying 1616 01:15:13,880 --> 01:15:16,280 Speaker 2: they were on to it, they were cracking on with it, 1617 01:15:16,840 --> 01:15:19,719 Speaker 2: and by middle of yesterday afternoon they were still cracking 1618 01:15:19,760 --> 01:15:22,599 Speaker 2: on with it. They had a team, they were rounding 1619 01:15:22,680 --> 01:15:25,320 Speaker 2: up some some airlines to talk to and they were 1620 01:15:25,400 --> 01:15:27,280 Speaker 2: they were going to let us know soon, and we 1621 01:15:27,400 --> 01:15:29,760 Speaker 2: went back and said win soon. No response. That was 1622 01:15:30,040 --> 01:15:33,040 Speaker 2: before five o'clock yesterday. Any updates this morning so far? 1623 01:15:33,240 --> 01:15:35,439 Speaker 2: Nothing so far, but it's only eight thirty seven. 1624 01:15:35,479 --> 01:15:36,439 Speaker 28: Yeah, it won't be open yet. 1625 01:15:36,439 --> 01:15:39,080 Speaker 2: It won't be open yet, but when they are, we're 1626 01:15:39,120 --> 01:15:39,439 Speaker 2: all over. 1627 01:15:39,600 --> 01:15:43,919 Speaker 20: Twenty three to night International correspondence with ends and eye insurance, 1628 01:15:44,120 --> 01:15:45,799 Speaker 20: Peace of mind for New Zealand business. 1629 01:15:46,080 --> 01:15:50,599 Speaker 2: Right, good morning to you. Two part question, How long 1630 01:15:50,880 --> 01:15:54,000 Speaker 2: was it and will you get any of those moments back? 1631 01:15:56,200 --> 01:16:00,240 Speaker 18: It was an hour and I worked for the telever to. 1632 01:16:00,439 --> 01:16:06,040 Speaker 18: The company that staged the debate was at the Worthwhile event. Look, 1633 01:16:06,120 --> 01:16:09,120 Speaker 18: I think to get them both together on the same 1634 01:16:09,360 --> 01:16:12,120 Speaker 18: stage is not a bad thing to have happened during 1635 01:16:12,120 --> 01:16:15,360 Speaker 18: an election debate. Election campaign. I mean, we're only a 1636 01:16:15,400 --> 01:16:17,280 Speaker 18: week and a bit into it, We've got four to go. 1637 01:16:17,640 --> 01:16:19,280 Speaker 18: The next debate is going to be on the ABC, 1638 01:16:19,520 --> 01:16:23,080 Speaker 18: so you can imagine what way that'll go. This was 1639 01:16:23,120 --> 01:16:26,040 Speaker 18: a Sky News Daily Telegraph, supposed to be an audience 1640 01:16:26,040 --> 01:16:30,000 Speaker 18: of one hundred undecided voters. I was a little skeptical 1641 01:16:30,040 --> 01:16:34,479 Speaker 18: about how undecided these people are as they filed out. 1642 01:16:35,720 --> 01:16:39,360 Speaker 18: The result fell in in Albow's favor forty four for him, 1643 01:16:39,920 --> 01:16:42,479 Speaker 18: thirty five for Dutt and twenty one people who bothered 1644 01:16:42,520 --> 01:16:46,760 Speaker 18: to turn up as undecided voters still were unstarted when 1645 01:16:46,800 --> 01:16:49,040 Speaker 18: they left, so that might say a little bit about 1646 01:16:49,040 --> 01:16:51,080 Speaker 18: what it was like online. Peter Dutton has said to 1647 01:16:51,160 --> 01:16:55,799 Speaker 18: have been a stronger performer. Interestingly, an hour before it happened, 1648 01:16:56,400 --> 01:16:58,720 Speaker 18: he got news to his father back in Queensland had 1649 01:16:58,720 --> 01:17:02,160 Speaker 18: a heart attack. He'd have to cut him some slack there, 1650 01:17:02,400 --> 01:17:05,280 Speaker 18: because I mean, obviously that would be very bad news. 1651 01:17:05,600 --> 01:17:08,800 Speaker 18: We've got eight days to go now, really because and 1652 01:17:08,880 --> 01:17:10,880 Speaker 18: the reason I say that is we're going to be 1653 01:17:10,960 --> 01:17:13,400 Speaker 18: interrupted at a told on Monday by Easter and the 1654 01:17:13,479 --> 01:17:17,120 Speaker 18: ANZAC Day long weekend, so there's there's eight days before 1655 01:17:17,200 --> 01:17:19,639 Speaker 18: Easter and then about four or five days a clear 1656 01:17:19,720 --> 01:17:22,880 Speaker 18: era after that. I think Dutton last night did himself 1657 01:17:24,920 --> 01:17:28,040 Speaker 18: albut did himself no favors. I think Dutton was pretty 1658 01:17:28,120 --> 01:17:31,200 Speaker 18: strong and he needed to be because, as we said 1659 01:17:31,240 --> 01:17:33,360 Speaker 18: on Monday, he's been struggling now. 1660 01:17:33,680 --> 01:17:36,240 Speaker 2: So as I understand it correctly, if I'm wrong, there 1661 01:17:36,240 --> 01:17:38,840 Speaker 2: are two debates sort of that one plus as you say, 1662 01:17:38,880 --> 01:17:41,760 Speaker 2: the ABC seven and nine wants something, Will they do 1663 01:17:42,080 --> 01:17:42,720 Speaker 2: more or not? 1664 01:17:44,200 --> 01:17:46,880 Speaker 18: Well, Peter Dutton says, to his advantage, they do more 1665 01:17:47,240 --> 01:17:49,920 Speaker 18: because I think he's a better performer live and unscripted 1666 01:17:49,960 --> 01:17:53,439 Speaker 18: than what the Prime Minister is. So whether it goes 1667 01:17:53,479 --> 01:17:56,519 Speaker 18: to one of those two commercial networks, who knows, but 1668 01:17:56,800 --> 01:18:00,920 Speaker 18: I imagine that they will twist their arms Anthony's I 1669 01:18:01,120 --> 01:18:03,599 Speaker 18: doubt that he'll commit to another one. He's done Sky 1670 01:18:03,720 --> 01:18:07,040 Speaker 18: and the Telegraph, so that is what you would describe 1671 01:18:07,120 --> 01:18:11,120 Speaker 18: as the right leaning media and the ABC is far 1672 01:18:11,240 --> 01:18:13,200 Speaker 18: to the left, and so he will think. I think 1673 01:18:13,240 --> 01:18:15,000 Speaker 18: that he's got all bases covered. 1674 01:18:15,120 --> 01:18:18,600 Speaker 2: Now, given our EMMP situation and given your possibility of 1675 01:18:18,720 --> 01:18:22,240 Speaker 2: a hung Parliament. When it comes to dealing with minor players, 1676 01:18:22,360 --> 01:18:24,439 Speaker 2: are you in the stage yet where you know what 1677 01:18:24,680 --> 01:18:26,960 Speaker 2: they are demanding or who they will go with and 1678 01:18:27,080 --> 01:18:29,000 Speaker 2: what they want and won't get in bottom lines and 1679 01:18:29,040 --> 01:18:29,800 Speaker 2: all that stuff or not. 1680 01:18:30,680 --> 01:18:33,320 Speaker 18: Well, yes, from the Greens, but not from the tills. 1681 01:18:33,560 --> 01:18:36,000 Speaker 18: So we have that problem that we have a group 1682 01:18:36,080 --> 01:18:40,880 Speaker 18: of so called independent community independents, whereas they're really funded 1683 01:18:40,960 --> 01:18:44,080 Speaker 18: by Simon Holmes, a Court and Climate two hundred and 1684 01:18:44,120 --> 01:18:46,719 Speaker 18: they took millions into these people, so they're not really independent. 1685 01:18:47,000 --> 01:18:49,639 Speaker 18: But Adam the leader of the Greens, will today outline 1686 01:18:49,720 --> 01:18:53,080 Speaker 18: what he wants if there's a hung government, hung parliament 1687 01:18:53,160 --> 01:18:57,040 Speaker 18: that demands the Greens to stump up and allow them 1688 01:18:57,080 --> 01:19:00,800 Speaker 18: to govern. And the list is extraordinary. And they're going 1689 01:19:00,840 --> 01:19:03,519 Speaker 18: to tax billionaire as they say and rate in twenty 1690 01:19:03,560 --> 01:19:05,680 Speaker 18: three billion. We're not sure how they'll do that. The 1691 01:19:05,800 --> 01:19:08,439 Speaker 18: company tax rate warll go up to forty percent. They 1692 01:19:08,479 --> 01:19:11,000 Speaker 18: want dental put on Medicare, which will cost the country 1693 01:19:11,080 --> 01:19:13,320 Speaker 18: billions of dollars. They want to turn the government into 1694 01:19:13,400 --> 01:19:17,559 Speaker 18: property developers to build cheap and sell cheap houses, stop 1695 01:19:17,640 --> 01:19:22,000 Speaker 18: all coal and gas mining completely. All public transport will 1696 01:19:22,040 --> 01:19:24,679 Speaker 18: be at fifty cents a ride. They're going to wipe 1697 01:19:24,720 --> 01:19:27,400 Speaker 18: all student debt and they'll give every pair in eight 1698 01:19:27,479 --> 01:19:29,519 Speaker 18: hundred dollars for the kids to go back to school 1699 01:19:30,840 --> 01:19:33,000 Speaker 18: and labol its all public school fees. 1700 01:19:33,080 --> 01:19:35,280 Speaker 4: Of course that's a nice little list. 1701 01:19:35,479 --> 01:19:38,559 Speaker 2: Of course they will. And if push came to shove, 1702 01:19:39,160 --> 01:19:41,599 Speaker 2: would they rather be OUSI The history of the Green 1703 01:19:41,680 --> 01:19:43,760 Speaker 2: Party in this country in general is they'd rather be 1704 01:19:43,840 --> 01:19:47,280 Speaker 2: out of power than in power because they stand on 1705 01:19:47,360 --> 01:19:49,559 Speaker 2: quote unquote principle and if you can't agree with us, 1706 01:19:49,600 --> 01:19:51,479 Speaker 2: then you're wrong and therefore we don't want any part 1707 01:19:51,520 --> 01:19:53,280 Speaker 2: of it. So how does it play out at your place? 1708 01:19:53,960 --> 01:19:57,000 Speaker 18: Pretty much the same, except I mean, obviously with the 1709 01:19:57,120 --> 01:20:03,280 Speaker 18: debate around global warming and negative being able to argue 1710 01:20:03,360 --> 01:20:06,000 Speaker 18: that you're doing the right thing about the climate, they 1711 01:20:06,040 --> 01:20:09,280 Speaker 18: probably wouldn't mind a seat at the table. But unfortunately 1712 01:20:09,360 --> 01:20:11,800 Speaker 18: for them, there's so many other independents that even if 1713 01:20:11,880 --> 01:20:15,640 Speaker 18: Anthony Albanezi needs two or three, he doesn't need the Greens. Right. 1714 01:20:15,920 --> 01:20:17,800 Speaker 2: Where are at with the tariffs in this fallout we've 1715 01:20:17,800 --> 01:20:18,720 Speaker 2: seen the last few days? 1716 01:20:19,360 --> 01:20:21,760 Speaker 18: Yeah, Well, the US Finance Committee met while we were 1717 01:20:21,760 --> 01:20:25,280 Speaker 18: asleep last night. Boy called Senator Mark Warner is blown 1718 01:20:25,360 --> 01:20:28,000 Speaker 18: up at a bow called Jamison Greer, who's the US 1719 01:20:28,120 --> 01:20:31,280 Speaker 18: trade representative. He wanted to know why friends like Australia 1720 01:20:31,320 --> 01:20:33,080 Speaker 18: and we can put in New Zealand in to this list. 1721 01:20:33,120 --> 01:20:37,080 Speaker 18: I imagine we're hit with a ten percent tariff. He 1722 01:20:37,280 --> 01:20:43,600 Speaker 18: said that Australia is vital to the US security in 1723 01:20:43,840 --> 01:20:47,840 Speaker 18: this region of the world. He talked about Aucas. He said, 1724 01:20:47,840 --> 01:20:50,600 Speaker 18: Australia is one of our strongest allies. We have a 1725 01:20:50,680 --> 01:20:53,600 Speaker 18: free trade agreement with Australia. We don't have tariffs. We 1726 01:20:53,720 --> 01:20:56,479 Speaker 18: even have a trade surplus with Australia. So we do 1727 01:20:56,680 --> 01:20:59,360 Speaker 18: have some Republicans over there having our story. 1728 01:20:59,600 --> 01:20:59,800 Speaker 4: Good. 1729 01:21:00,160 --> 01:21:04,000 Speaker 2: Hey Hanson Pauline who funnily enough, I don't want to 1730 01:21:04,040 --> 01:21:06,599 Speaker 2: be rude or unrude about it, but that says she's 1731 01:21:06,600 --> 01:21:08,880 Speaker 2: approaching seventy, she's about to retire. I didn't have her 1732 01:21:08,880 --> 01:21:12,120 Speaker 2: at seventy, so she's aged very well. She's recruited her 1733 01:21:12,280 --> 01:21:16,200 Speaker 2: daughter Lee to stand in Tasmania, and of Lee wins 1734 01:21:16,479 --> 01:21:19,040 Speaker 2: because she wouldn't have any of us sons anywhere near Parliament, 1735 01:21:19,080 --> 01:21:21,439 Speaker 2: which I thought was good. Anyway, if she wins, that'll 1736 01:21:21,479 --> 01:21:24,479 Speaker 2: be the first mother daughter combo. Is there any chance 1737 01:21:24,560 --> 01:21:26,320 Speaker 2: that Lee wins? Do we have any clue or not? 1738 01:21:26,920 --> 01:21:27,120 Speaker 14: Yeah? 1739 01:21:27,200 --> 01:21:29,920 Speaker 18: Possibly, I mean the Hanson name and the handsome brand 1740 01:21:30,800 --> 01:21:33,519 Speaker 18: to a certain part of the Australian voting public is 1741 01:21:33,640 --> 01:21:36,599 Speaker 18: very strong. Probably Hanson. Were you like her or don't? 1742 01:21:36,760 --> 01:21:39,240 Speaker 18: I interviewed it face to face a number of times, 1743 01:21:39,320 --> 01:21:41,599 Speaker 18: even went once to her house out in the back 1744 01:21:41,640 --> 01:21:45,600 Speaker 18: of Brisbane and interviewed it for television. She is a 1745 01:21:45,680 --> 01:21:50,400 Speaker 18: principled woman who's never varied from that first speech that 1746 01:21:50,560 --> 01:21:53,639 Speaker 18: she gave back when she first entered Parliament all those 1747 01:21:53,720 --> 01:21:55,840 Speaker 18: years ago, where she said, there and we were bringing 1748 01:21:55,920 --> 01:21:57,960 Speaker 18: in too many migrants and it was going to cause 1749 01:21:58,000 --> 01:22:00,920 Speaker 18: us trouble. And then she said that forever the daughter 1750 01:22:00,960 --> 01:22:04,240 Speaker 18: could get up, Yes, she certainly could. Pauline retiring, I'll 1751 01:22:04,520 --> 01:22:06,639 Speaker 18: believe that when I see it. I don't think she's 1752 01:22:06,720 --> 01:22:08,839 Speaker 18: up for elections time round, and that's why she's probably 1753 01:22:09,320 --> 01:22:11,840 Speaker 18: brought the daughter in. It's interesting, isn't it. There's never 1754 01:22:11,960 --> 01:22:15,519 Speaker 18: been a mother mother daughter comba exactly. 1755 01:22:15,560 --> 01:22:17,559 Speaker 2: All right, Nice to see you mate, good weekend. We'll 1756 01:22:17,600 --> 01:22:19,360 Speaker 2: catch up next week. Appreciate it very much. Dee Price 1757 01:22:19,439 --> 01:22:23,200 Speaker 2: out of Australia. For this Wednesday morning, it is Geez 1758 01:22:23,240 --> 01:22:24,160 Speaker 2: sixteen to nine. 1759 01:22:25,280 --> 01:22:29,639 Speaker 1: The Like Asking Breakfast Full Show podcast on iHeartRadio, powered 1760 01:22:29,720 --> 01:22:30,680 Speaker 1: by News talks at b. 1761 01:22:31,400 --> 01:22:33,360 Speaker 2: We're at thirteen away from nine. Couple of things that 1762 01:22:34,080 --> 01:22:36,439 Speaker 2: seem to be unfolding that I seem to concur with. 1763 01:22:36,560 --> 01:22:38,519 Speaker 2: As it turns out, part of Brook vin Velden, who 1764 01:22:38,560 --> 01:22:40,160 Speaker 2: we had on the program last week as part of 1765 01:22:40,240 --> 01:22:43,320 Speaker 2: her ongoing avalanche or suite of changes around the health 1766 01:22:43,360 --> 01:22:46,240 Speaker 2: and safety area or the workplace area, she announced yesterday. 1767 01:22:46,280 --> 01:22:47,800 Speaker 2: She said there was a whole bunch of stuff coming 1768 01:22:47,880 --> 01:22:49,880 Speaker 2: that was going to She did the announcement with the 1769 01:22:49,880 --> 01:22:52,599 Speaker 2: Prime Minister at the eight hundred road Cone thing, which 1770 01:22:52,680 --> 01:22:54,040 Speaker 2: is when we got her on the next day, but 1771 01:22:54,160 --> 01:22:56,360 Speaker 2: she had some more stuff coming anyway. She's scrapping the 1772 01:22:56,439 --> 01:22:59,680 Speaker 2: thirty day rule that automatically signs an employee up to 1773 01:22:59,720 --> 01:23:01,840 Speaker 2: the elect of agreement when they sign on to a 1774 01:23:01,920 --> 01:23:06,759 Speaker 2: new job. She's all for freedom of choice, good reducing 1775 01:23:06,840 --> 01:23:11,000 Speaker 2: the burden on employers. Good employees and employers would be 1776 01:23:11,040 --> 01:23:13,040 Speaker 2: free to agree in a wider range of employment terms 1777 01:23:13,080 --> 01:23:15,680 Speaker 2: if a new employee listen to the rationale behind it. 1778 01:23:15,960 --> 01:23:18,960 Speaker 2: If a new employee chooses to negotiate the terms and 1779 01:23:18,960 --> 01:23:21,840 Speaker 2: conditions that suit their personal preferences or situation, they should 1780 01:23:21,840 --> 01:23:24,080 Speaker 2: have that choice. Realize from day one of employment. Can 1781 01:23:24,120 --> 01:23:25,720 Speaker 2: you argue with that? You can't possibly argue with that, 1782 01:23:25,760 --> 01:23:30,120 Speaker 2: can you. It's like compulsory kei wei saber or forcing 1783 01:23:30,200 --> 01:23:33,200 Speaker 2: you to join unions. There's something woefully wrong with all 1784 01:23:33,240 --> 01:23:34,479 Speaker 2: of that. If you want to join a union, to 1785 01:23:34,560 --> 01:23:36,360 Speaker 2: join one, but being forced to join a union or 1786 01:23:36,400 --> 01:23:38,880 Speaker 2: automatically being enrolled in a union after a certain period 1787 01:23:38,920 --> 01:23:41,639 Speaker 2: of time is wrong. Meantime, the government also have announced 1788 01:23:41,640 --> 01:23:44,000 Speaker 2: they're closing down the four hundred million dollar Climate Investment Fund. 1789 01:23:44,000 --> 01:23:45,599 Speaker 2: Where did that come from? That was a James Shaw 1790 01:23:45,680 --> 01:23:48,040 Speaker 2: special that the last time you heard about the four 1791 01:23:48,120 --> 01:23:50,400 Speaker 2: hundred million dollar Climate Investment Fund, which in and of 1792 01:23:50,560 --> 01:23:54,160 Speaker 2: itself in theory, is not the end of the world, 1793 01:23:54,240 --> 01:23:56,960 Speaker 2: because the idea is you've got some government money. They 1794 01:23:57,120 --> 01:24:00,920 Speaker 2: invest as opposed to give they invest in businesses. Now 1795 01:24:00,960 --> 01:24:03,160 Speaker 2: the problem when you last heard about it, they'd invested 1796 01:24:03,200 --> 01:24:05,720 Speaker 2: and sold a zero and sold a zero wasn't a 1797 01:24:05,760 --> 01:24:07,880 Speaker 2: company anymore because it had gone belly up, and there 1798 01:24:07,960 --> 01:24:11,720 Speaker 2: was some question about Blackrock, and Blackrock pulled out, etc. 1799 01:24:12,040 --> 01:24:15,160 Speaker 2: And so suddenly the whole soul of market became a 1800 01:24:15,280 --> 01:24:17,599 Speaker 2: talking point. And whether or not we get any money 1801 01:24:17,640 --> 01:24:22,160 Speaker 2: back from that is debatable. So in announcing they're winding 1802 01:24:22,200 --> 01:24:24,280 Speaker 2: it up, they're looking to get money back. How much 1803 01:24:24,320 --> 01:24:26,720 Speaker 2: will they recoup, especially given the market over the last 1804 01:24:26,760 --> 01:24:29,880 Speaker 2: couple of days. Who knows the funds invested almost four 1805 01:24:29,960 --> 01:24:33,360 Speaker 2: hundred million four quote very limited results. Here's the kicker. 1806 01:24:33,800 --> 01:24:35,560 Speaker 2: Here's the part that I agree with the Minister of 1807 01:24:35,560 --> 01:24:38,680 Speaker 2: the Climate Change Minister Simon Watts. There are more than 1808 01:24:38,840 --> 01:24:44,280 Speaker 2: twenty government funds operating with similar objectives. My question, why 1809 01:24:45,200 --> 01:24:48,920 Speaker 2: if you want to run a fund for green renewable 1810 01:24:49,040 --> 01:24:52,120 Speaker 2: whatever you want to call it, fine, why do you 1811 01:24:52,160 --> 01:24:54,720 Speaker 2: need twenty one of them? What's the point of that? 1812 01:24:55,320 --> 01:24:57,360 Speaker 2: And one of them being one that didn't seem to 1813 01:24:57,400 --> 01:25:00,599 Speaker 2: do any well anyway, do very well anyway. It's nine 1814 01:25:00,640 --> 01:25:01,400 Speaker 2: minutes away. 1815 01:25:01,160 --> 01:25:05,799 Speaker 1: From nine the Mike asking breakfast with our Veda Retirement 1816 01:25:05,880 --> 01:25:07,439 Speaker 1: Communities News togs head b. 1817 01:25:07,640 --> 01:25:10,120 Speaker 2: Given away from NAHAH. Note that fit Farmers is calling 1818 01:25:10,200 --> 01:25:13,280 Speaker 2: for the government to strip green Peace of charity status 1819 01:25:14,120 --> 01:25:16,320 Speaker 2: their latest forays at the Port of Taranaki this week. 1820 01:25:16,360 --> 01:25:18,560 Speaker 2: I legal occupation. There's no way quote unquote, there's no 1821 01:25:18,560 --> 01:25:21,120 Speaker 2: way Greenpeace should be eligible for charitable status when they're 1822 01:25:21,160 --> 01:25:23,960 Speaker 2: engaging in I legal activity. They're nothing short of an 1823 01:25:24,000 --> 01:25:27,559 Speaker 2: extreme activist group. Who legally disrupt legitimate businesses and spread 1824 01:25:27,600 --> 01:25:29,920 Speaker 2: dangerous misinformation. Now, under the Charities Act, and this is 1825 01:25:29,960 --> 01:25:31,600 Speaker 2: the part I've got a tremendous amount of sympathy with. 1826 01:25:32,040 --> 01:25:34,679 Speaker 2: Under the Charities Act, they must operate for the public 1827 01:25:34,760 --> 01:25:38,400 Speaker 2: good and not primarily serve political law advocacy purposes. Now, 1828 01:25:38,600 --> 01:25:43,000 Speaker 2: can you possibly argue that Greenpeace primarily operate for the 1829 01:25:43,000 --> 01:25:46,200 Speaker 2: public good as opposed to primarily serve political or advocacy purposes. 1830 01:25:46,280 --> 01:25:50,320 Speaker 2: You can't. Hard working Kiwi taxpayers are effectively being forced 1831 01:25:50,360 --> 01:25:53,320 Speaker 2: to subsidize green Peace as I legal activity and political activism. 1832 01:25:53,960 --> 01:25:56,519 Speaker 2: They've lodged a formal complaint with the Charity Services requesting 1833 01:25:56,560 --> 01:25:59,840 Speaker 2: they open inquiring I don't know the services do inquire it. 1834 01:26:01,040 --> 01:26:02,960 Speaker 2: So they run through a whole bunch of stuff. They've done. 1835 01:26:03,200 --> 01:26:06,639 Speaker 2: The Nobel Discoverer Ship occupation twenty twelve, the Amazon Warrior 1836 01:26:06,680 --> 01:26:09,599 Speaker 2: See protest of seventeen, the Parliament crane protest of seventeen. 1837 01:26:09,640 --> 01:26:12,519 Speaker 2: I remember that one. The Fonterra to rap a dairy 1838 01:26:12,560 --> 01:26:15,000 Speaker 2: factory protest of twenty four I remember that one as well. Actually, 1839 01:26:15,080 --> 01:26:18,280 Speaker 2: Straterra officers protest in Wellington. Don't think I remember that 1840 01:26:18,760 --> 01:26:21,880 Speaker 2: Port Narinaki occupation this year. So they've been busy, but 1841 01:26:22,080 --> 01:26:24,439 Speaker 2: they don't pay tax because they're charity. Are they a 1842 01:26:24,560 --> 01:26:27,679 Speaker 2: legitimate charity? I ask you as indeed, do the Federated 1843 01:26:27,720 --> 01:26:29,840 Speaker 2: Farmers Six away from nine. 1844 01:26:30,000 --> 01:26:33,720 Speaker 5: Trending now with Chemist ware House, the home of Big 1845 01:26:33,800 --> 01:26:34,320 Speaker 5: Brand Fighter. 1846 01:26:34,560 --> 01:26:37,040 Speaker 2: I'm just reading this. This is a very lengthy piece 1847 01:26:37,360 --> 01:26:41,960 Speaker 2: that Sam has presented to me for Trending, and I 1848 01:26:42,000 --> 01:26:44,360 Speaker 2: have not been able to pre read it or give 1849 01:26:44,400 --> 01:26:46,519 Speaker 2: it my usual cursory bill. I might just have to 1850 01:26:46,520 --> 01:26:49,400 Speaker 2: read it as an imagine that. No, I don't do 1851 01:26:49,520 --> 01:26:52,479 Speaker 2: that glint. No, I'm well aware of That's not how 1852 01:26:52,560 --> 01:26:56,400 Speaker 2: I do that stuff. It starts look out big evil 1853 01:26:56,800 --> 01:26:58,840 Speaker 2: music companies. Now, that's not something I would have said. 1854 01:27:00,160 --> 01:27:01,560 Speaker 2: I would have said that. What would you have said it? 1855 01:27:01,640 --> 01:27:02,200 Speaker 4: Ironically? 1856 01:27:03,560 --> 01:27:03,600 Speaker 26: No? 1857 01:27:03,800 --> 01:27:08,799 Speaker 2: Probably not. There's a lawsuit coming self proclaimed musician slash 1858 01:27:08,840 --> 01:27:14,360 Speaker 2: boxer slash actor Mark Mysterio. If you haven't heard of Mark, 1859 01:27:14,920 --> 01:27:19,680 Speaker 2: then don't worry because no one had, right Salmon, I 1860 01:27:19,800 --> 01:27:23,599 Speaker 2: wait that only Sam can write. Mark is suing Amazon 1861 01:27:23,720 --> 01:27:27,519 Speaker 2: Music alleging that they've shadow band as music on their 1862 01:27:27,560 --> 01:27:30,720 Speaker 2: streaming service. What's shadow band? 1863 01:27:31,479 --> 01:27:31,679 Speaker 23: Well? 1864 01:27:31,720 --> 01:27:32,040 Speaker 27: Read on? 1865 01:27:33,400 --> 01:27:36,599 Speaker 2: I will win, Thank you? He alleges that Amazon has 1866 01:27:36,640 --> 01:27:39,000 Speaker 2: put an algorithm on his music so that whenever he 1867 01:27:39,080 --> 01:27:41,400 Speaker 2: puts out new music, Amazon marks it with the dash, 1868 01:27:41,920 --> 01:27:46,040 Speaker 2: which means it doesn't get promoted on the site. He says, 1869 01:27:46,080 --> 01:27:48,040 Speaker 2: it means his music doesn't get to us one point 1870 01:27:48,080 --> 01:27:51,639 Speaker 2: twenty five million fans. Where these fans are? We can't 1871 01:27:51,720 --> 01:27:57,519 Speaker 2: figure out? O ironic line from Sam there. The lawsuit 1872 01:27:57,600 --> 01:28:00,360 Speaker 2: also says that Mysterio is a twenty year music veteran 1873 01:28:00,439 --> 01:28:02,799 Speaker 2: and one of Amazon's top stars. He says, between September 1874 01:28:02,800 --> 01:28:04,880 Speaker 2: of twenty three and August of twenty four, he had 1875 01:28:04,960 --> 01:28:09,160 Speaker 2: eighty million streams of his music for you, Yet somehow amazingly, 1876 01:28:09,760 --> 01:28:11,640 Speaker 2: since August of last year, the streams have dropped to 1877 01:28:11,720 --> 01:28:15,320 Speaker 2: essentially nothing. The shadow banning must also be happening on Spotify, 1878 01:28:15,400 --> 01:28:17,519 Speaker 2: because he says, only has one hundred and eighty one 1879 01:28:17,560 --> 01:28:22,720 Speaker 2: monthly listeners, so they're clearly scamming too. The kicker, I'll 1880 01:28:22,720 --> 01:28:24,720 Speaker 2: put inflection with the question mark right Sam at the 1881 01:28:24,760 --> 01:28:28,479 Speaker 2: nth the kicker, he says, proof is that in a 1882 01:28:28,560 --> 01:28:31,559 Speaker 2: fifty song mixed from Sabrina Kapiner, seventeen of her song's 1883 01:28:31,600 --> 01:28:36,320 Speaker 2: got promoted, while the fifty song mixed from Mark Mysterio. None, none, 1884 01:28:36,760 --> 01:28:39,880 Speaker 2: what is going on? Of them got promoted? And if 1885 01:28:39,960 --> 01:28:45,200 Speaker 2: you wondered why he called himself a boxer, a good point, Sam, 1886 01:28:45,240 --> 01:28:47,479 Speaker 2: I actually hadn't, but nice to raise that at the 1887 01:28:47,560 --> 01:28:50,160 Speaker 2: very end, just as a surprise. And if you wondered 1888 01:28:50,200 --> 01:28:53,479 Speaker 2: why he called himself a boxer, he says he holds 1889 01:28:53,560 --> 01:28:56,120 Speaker 2: IBA boxing recognition as a contender for a vacant world 1890 01:28:56,160 --> 01:28:59,200 Speaker 2: title against Jake Paul. There is no evidence for that 1891 01:28:59,680 --> 01:29:02,719 Speaker 2: on the ABA's IBA site. Sam's gone to the siteans 1892 01:29:02,800 --> 01:29:04,160 Speaker 2: Chick because he's a fact check. 1893 01:29:04,840 --> 01:29:06,679 Speaker 14: See, there was a row well researched trending. 1894 01:29:06,720 --> 01:29:09,000 Speaker 2: Now you can't make it pretty pretty. It was lengthy, 1895 01:29:09,400 --> 01:29:11,840 Speaker 2: but well researched, plenty of detail in there with a 1896 01:29:11,880 --> 01:29:14,760 Speaker 2: couple of question marks and fulfilled you. Probably some good 1897 01:29:14,800 --> 01:29:15,800 Speaker 2: protein in there as well. 1898 01:29:15,880 --> 01:29:18,120 Speaker 28: And we're gonna follow the Mark Mysterios story closely. 1899 01:29:18,320 --> 01:29:19,120 Speaker 2: Is this Marke mysteriou? 1900 01:29:19,160 --> 01:29:19,320 Speaker 5: Yeah? 1901 01:29:19,360 --> 01:29:21,160 Speaker 2: Yeah, yeah, Well we're promoting him, aren't we. So we've 1902 01:29:21,160 --> 01:29:23,760 Speaker 2: solved Make Mysterio's problem. We promoted Mark Mysterio on the 1903 01:29:23,800 --> 01:29:27,200 Speaker 2: biggest radio program in this country. Now that is us 1904 01:29:28,439 --> 01:29:30,639 Speaker 2: for the day. We returned to My Morning from six 1905 01:29:30,680 --> 01:29:32,120 Speaker 2: as all ons Pappy Days 1906 01:29:35,680 --> 01:29:38,519 Speaker 1: For more from the mic Asking breakfast, listen live to 1907 01:29:38,680 --> 01:29:41,360 Speaker 1: news talks it'd be from six am week days, or 1908 01:29:41,479 --> 01:29:43,320 Speaker 1: follow the podcast on iHeartRadio