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Speaker 1: The Breakfast Show You Can Trust, the Mic Hosking Breakfast

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Speaker 1: with Bailey's Real Estate, your local experts across residential, commercial

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Speaker 1: and rural news.

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Speaker 2: Togs Head been on you. Welcome to Day, the mysterious

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Speaker 2: treaty bill that hasn't been seen and yet has been changed.

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Speaker 2: The school counseling program that appears to work, The workplace

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Speaker 2: that operates around your body clock. Christopher Luxen is in

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Speaker 2: Richard Quest for a whip around the world and try

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Speaker 2: and understand an increasingly complex place. Catherine Field from France,

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Speaker 2: of course, and Rod Liddle. They make up the team

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Speaker 2: as well.

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Speaker 3: Husking.

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Speaker 2: Welcome to Tuesday morning, seven past six. Now Chris Hipkins

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Speaker 2: wants a little bit of advice on his journey towards

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Speaker 2: twenty twenty six. Obviously I would drop the tax bit

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Speaker 2: because it's a pathway to nowhere. He might like to

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Speaker 2: look at what the Dems are doing in the States

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Speaker 2: in fact, and why they've closed the gap so dramatically.

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Speaker 2: Kamela Harris is running on hope and good vibes. Now

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Speaker 2: that's entirely superficial, of course, and doesn't stop a deficit,

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Speaker 2: but people love it. People to some degree vote on

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Speaker 2: a brighter tomorrow, a better future Tony Blair, if you

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Speaker 2: want to go back, his theme song was things can

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Speaker 2: only get better. It was a landslide for Chris is

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Speaker 2: that by twenty twenty six is entirely possible things will

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Speaker 2: have got better, a lot better. And him rolling along

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Speaker 2: telling anyone who will listen that we need to raise

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Speaker 2: your pockets more will not be welcomed nor heard. And

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Speaker 2: that's before you get to the superannuation debate, which is

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Speaker 2: partly tied up with tax of course, but in many

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Speaker 2: respects is a separate issue and nevertheless will get entangled

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Speaker 2: and what will very quickly become an Omnie Shamnel's omnie shambles,

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Speaker 2: where any nuance and subtlety will well and truly be lost.

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Speaker 2: I mean, yes, more people are getting older, obviously, but

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Speaker 2: whether you're entitled to something from the state in your

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Speaker 2: so called golden years must be separated out from how

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Speaker 2: it will be paid for. The great misunderstanding this thinking

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Speaker 2: is all based on has been Labour's downfall. Of course,

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Speaker 2: for years. Middle New Zealand are in fact aspirational, you

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Speaker 2: always have been. People like to do well for themselves,

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Speaker 2: people like the idea of working hard, of reaping those

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Speaker 2: rewards and sharing in the spoils. They like the idea

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Speaker 2: of being able to get ahead, to see tangible outworkings

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Speaker 2: for effort. They see people like Hipkins as sheltered wonks

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Speaker 2: who've never been in the real world, never held a

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Speaker 2: job in the private sector, far less ever taken a

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Speaker 2: road can start at a company. Leaders of great success

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Speaker 2: are those you can relate to, like David Longie or

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Speaker 2: Bob Hawk, those who've done well in life like John

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Speaker 2: Key or the once in a generation, orators and hype

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Speaker 2: merchants like Obama. Hipkins is a none of those, which

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Speaker 2: is actually the biggest red flag of all. But arriving

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Speaker 2: with no charisma and the bad policy is political death.

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Speaker 2: Who news of the world in ninety second Now the

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Speaker 2: very uplifting news this morning is that the Princess has

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Speaker 2: finished chemo.

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Speaker 4: Doing what I can to stay cancer free is now

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Speaker 4: my focus. Although I have finished chemotherapy, my path to

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Speaker 4: healing and full recovery is long, and I must continue

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Speaker 4: to take each day as it comes.

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Speaker 2: We also have the start of the third part of

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Speaker 2: the COVID inquiry. Those who have been admitted to the NHS.

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Speaker 5: I am a different person and my body is different

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Speaker 5: from before. You see, I have permanent damage from COVID,

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Speaker 5: so it's like another kind of long COVID.

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Speaker 2: And looking into the NHF itself, did.

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Speaker 6: We protect the h did we save lives? And perhaps

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Speaker 6: as importantly, why did we need to protect the nhs

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Speaker 6: and at what cost?

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Speaker 2: Also in play is the song going about around text

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Speaker 2: given the oldies are having their heating subsidies cat the

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Speaker 2: Union see easier ways to get money.

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Speaker 7: The fair economy means that everybody's got to pay their

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Speaker 7: due through progressive taxation. That will mean wealth taxes. The

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Speaker 7: accumulated wealth of the super rich will have to be

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Speaker 7: taxed at the same rates that all of the rest

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Speaker 7: of us do on paye.

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Speaker 2: And the in state tide. As we count down to

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Speaker 2: tomorrow's face off at the National Constitution Center in Philadelphia,

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Speaker 2: the Hero's campaign, they're rolling out the heads. Here's his

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Speaker 2: vice president.

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Speaker 8: Anyone who puts himself over the constitution should never be

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Speaker 8: president of the United States.

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Speaker 9: It should come as no surprise that I will not

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Speaker 9: be endorsing Donald Trump this year.

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Speaker 2: His Defense secretary.

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Speaker 10: Do you think Trump can be trusted with the nation's secrets? Ever?

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Speaker 3: Again?

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Speaker 2: No, Trump campaign have their own heads.

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Speaker 11: It is our undocumented immigrants that are the least.

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Speaker 2: Likely to commit. Finally, breakthrough and transplant technology. Aaron James

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Speaker 2: lost his left eye when an electrical cable touched it

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Speaker 2: three years ago, so he elected to try a full

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Speaker 2: eye transplant, which had been successful but showed in animals

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Speaker 2: that the eye shrinks significantly within months of the surgery.

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Speaker 2: How in Aaron's case this has not happened, So doctor

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Speaker 2: say the outcome will help change ice surgery forever. Excuse

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Speaker 2: the world in nineteen seconds. If you're a fan and

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Speaker 2: follower of the royal family, as you well know I am,

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Speaker 2: I would encourage you to watch the video that's been

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Speaker 2: produced by the Household overnight. It runs the risk of

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Speaker 2: possibly being overproduced. It's three minutes long, and the good

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Speaker 2: news is she now They don't say cancer free, they

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Speaker 2: say they can't say cancer free, but she's finished her chemo.

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Speaker 2: She's in a field in Norfolk with her family heading

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Speaker 2: a ball, playing a little cricket, playing a lot of cards,

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Speaker 2: a lot of cards being played in this particular video,

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Speaker 2: but she hopefully will be carrying out a few engagements

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Speaker 2: before the end of the year. It could include remembrance

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Speaker 2: and mens in November, and you'll Christmas Carol concert as well.

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Speaker 2: But the good news is she appears to be back

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Speaker 2: and it's very uplifting. Twelve past six.

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

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Speaker 1: by News Talks.

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Speaker 2: Evy My Middle New Zealanders. Who and what labor used

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Speaker 2: to stand for? Not anymore. You're right, it's a different

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Speaker 2: version of labor these days. And by the way, speaking

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Speaker 2: of labor, the woolworst workers are out today. They want

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Speaker 2: more money. Obviously, I'll come back to that in the moment,

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Speaker 2: because the report that came out the other day show

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Speaker 2: they've already got more money, and it shows you and

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Speaker 2: insight as to how it never ends anyway. They must

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Speaker 2: have been looking at Boeing because I know the Bowing

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Speaker 2: overnight's off of their work is twenty five percent, just

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Speaker 2: the twenty five percent increase, so they don't go on strike.

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Speaker 2: Fifteen past six and no, Fortunately, Bowen's doing unbelievably well

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Speaker 2: at the moment, making really good planes and selling heaps

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Speaker 2: of them. From JMI Wealth Andrew Keller Her Good Morning, Morty,

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Speaker 2: Mike Tower, the Strategic Review, It's back. What do we

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Speaker 2: know it's back just quickly for a starter.

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Speaker 10: I do note the US markets are bouncing back after

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Speaker 10: it's a pretty rocky starts to last week.

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Speaker 2: We'll come back and update those numbers year.

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Speaker 10: Tower insurance companies haven't been far from the headlines, have

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Speaker 10: they in the last eighty months or so? And there's

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Speaker 10: nothing like a few major events and national desert or

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Speaker 10: natural disasters to sort.

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Speaker 2: Of shine the light on the insurance sector.

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Speaker 12: Yeah.

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Speaker 10: Tower, it's listed on the internets and the ASEX and

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Speaker 10: sort of navigated that period over the last eighty months

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Speaker 10: pretty successfully. Really, if you look at the share price performance,

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Speaker 10: which after languishing through twenty twenty three, has been on

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Speaker 10: absolute tear over twenty twenty four. Now, shareholders who held

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Speaker 10: Tower shares at the beginning of the year beginning of

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Speaker 10: this year have enjoyed a return close to one hundred percent,

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Speaker 10: which is a pretty stellar return, So happy shareholders there. Yesterday,

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Speaker 10: Tower announced the conclusion of a strategic review that started

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Speaker 10: back in December twenty three, so it's been going on

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Speaker 10: for a while. The purpose that review was to look

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Speaker 10: to maximize value for shareholders and optimize its capital structure.

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Speaker 10: In the end, they've come to the conclusion that returning

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Speaker 10: capital to shareholders by way of share buyback is the

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Speaker 10: preferred option. They did assess other current opportunities. They've sold

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Speaker 10: their subsidiaries in the Pacific. They've been trying to simplify

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Speaker 10: the business. So what you're going to get now is

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Speaker 10: forty five million dollars of capital will be returned to

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Speaker 10: shareholders by way of a mandatory share buyback. So it's

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Speaker 10: just going to happen with you, whether you like it

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Speaker 10: as a sharehold or not. It's not happening immediately. There

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Speaker 10: are a few conditions that have to be satisfied to

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Speaker 10: confirm the process. They need to get an IRD ruling,

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Speaker 10: they need to get sharehold approving. That won't happen until

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Speaker 10: early twenty twenty five. They've also reaffirmed their guidance for

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Speaker 10: the twenty twenty five financi share that will be bolstered,

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Speaker 10: and this is one of the reasons why the share

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Speaker 10: price has done well. That will be bolstered by forty

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Speaker 10: five million dollars less tax if no major events occur,

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Speaker 10: because that's what they put aside to cover major events.

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Speaker 2: So that's one of the good news stories there.

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Speaker 10: The share price up four cents yesterday to a dollar

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Speaker 10: eighteen right, sin Lay, what's the story there, Yeah, well

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Speaker 10: this is at the other end of the scale is

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Speaker 10: and it's another strategic review and another company that's never

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Speaker 10: been far from the headlines. They've completed aget review of

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Speaker 10: their North Island assets. In contrast to Tower, where you've

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Speaker 10: got the share price up one hundred percent. Unfortunately, Sinlow

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Speaker 10: shareholders have been seen their investments sort of more than

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Speaker 10: halved in value so far this year. Now it has

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Speaker 10: been negotiating its way Sindilary have been negotiated its way

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Speaker 10: through a series of challenges, production problems at Pocono, They've

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Speaker 10: had debt deadlines, They've had tricky relationships with shareholders. Things

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Speaker 10: are looking up though the share price bottomed down in June.

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Speaker 10: They've managed to sort of shore up the balance sheet now,

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Speaker 10: so the share price recovered from ye've got the lower

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Speaker 10: I think twenty two and a half cents, it's now

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Speaker 10: forty one cents. So they completed this review of the

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Speaker 10: North Island assets, key here being the big manufacturing facility

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Speaker 10: and Pocono out there amongst all the new subdivisions on

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Speaker 10: the southern fringe of Auckland City, and the Auckland Canning

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Speaker 10: facility and the Pocono facility will now not process raw milk,

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Speaker 10: so no milk going to that processing capacity. Transportation to

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Speaker 10: the facility is quoted as one of the issues, as

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Speaker 10: well as a number of manufacturing costs, so it concentrate

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Speaker 10: solely on producing advanced nutrition products that don't require raw milk. Now,

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Speaker 10: obviously they've got a whole lot of suppliers out there.

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Speaker 10: They will meet all of their contractful obligations to or

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Speaker 10: their farmer suppliers, but that milk will now be collected

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Speaker 10: by Open Country, and quite a few of their suppliers

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Speaker 10: have been have notified them that they're going to stop

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Speaker 10: supplying them. Look, the share price unchanged on the day.

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Speaker 10: Market probably expected something like this. Look, I think the

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Speaker 10: sin Lay story is. Look, it's not over yet, but

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Speaker 10: they have negotiated time to work through sort of issues

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Speaker 10: and start what I would call their journey back to profitability.

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Speaker 10: But look, I suspect we will hear more.

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Speaker 2: We wish them. Well, what are the numbers?

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Speaker 10: Yes, so look at the moment, those Apple wants out

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Speaker 10: there will be glued to the Apple. The Apple launch,

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Speaker 10: which no doubt Glen.

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Speaker 2: Is clock this morning bracing himself is fizzing up the bank,

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Speaker 2: just muttering.

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Speaker 10: I don't even know what number they're up to, but

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Speaker 10: I can tell you that the down Jones is up

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Speaker 10: four hundred and sixty four points though so somebody likes

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Speaker 10: that's one point one five percent, so forty eight hundred

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Speaker 10: and thirteen. The S and P five hundreds up fifty

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Speaker 10: two almost one percent five for six o and the

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Speaker 10: Nasdaq is up one hundred and thirty one points sixteen thousand,

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Speaker 10: eight hundred and twenty one, so bouncing back. The fort

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Speaker 10: to one hundred overnight was up over one percent eight

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Speaker 10: to seven oh. On that, the NIKA fell just under

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Speaker 10: half a percent thirty six thousand, two hundred and twelve.

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Speaker 10: The Shanghai comps it was also down twenty nine points

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Speaker 10: two seven three six. The Aussies yesterday lost twenty five

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Speaker 10: points point three percent seven thousand, nine hundred and eighty

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Speaker 10: eight the close. Then we gained six points in the

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Speaker 10: n six fifty twelve thousand, six hundred and twenty one.

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Speaker 10: The New Zealand dollar points sixty one five two against

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Speaker 10: the US point nineteen three, our OSSI point five five

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Speaker 10: six nine against the euro point four to seven exactly

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Speaker 10: against the pound eighty seven point eight five Japanese end

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Speaker 10: goal trading bang on two and a half thousand US

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Speaker 10: dollars and Brent Crud is at seventy one dollars and

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Speaker 10: seventy three cents. But Mike, at the current New Zealand

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Speaker 10: dollar rate, we are looking at gold. Sorry, we're looking

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Speaker 10: at Brent crud being probably the lowest it's been in

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Speaker 10: New Zealand dollars and since the beginning of twenty twenty two.

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Speaker 2: Fell up today and enjoy go well. Andrew kelliher Jomiwealth

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Speaker 2: dot Co dot m Zskeegle Juice, Beetlejuice. Big opening weekend

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Speaker 2: domestically in America, the follow up of the eighty eight

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Speaker 2: classic one hundred and ten million. Is that good? Yes,

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Speaker 2: It's second highest ever for a movie opening in September.

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Speaker 2: The helst was it back in twenty seventeen collected one

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Speaker 2: hundred and twenty three A rare sequel. All the reviews

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Speaker 2: seem to be fantastic. It's a rare sequel, the latest

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Speaker 2: one that felt like a continuation, not a remake of

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Speaker 2: the original, while still giving audiences what they wanted. So

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Speaker 2: they're cashing in big time six twenty one hearing News talk.

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Speaker 12: S eDV.

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

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Speaker 1: powered by News.

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Speaker 2: Talks at b HI. Mike Wow. Amazing the royals here

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Speaker 2: so carefully scripted and produced, a bit over the top. However,

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Speaker 2: to me it shows a very loving family doing and

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Speaker 2: enjoying everyday things actually rather special. I agree. I think

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Speaker 2: it's heavily produced and there's plenty of money being involved.

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Speaker 2: But nevertheless, you know, if you want it, if you

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Speaker 2: want to do something, to do it properly. By the way,

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Speaker 2: there's a pole out, and what I mean, what's the

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Speaker 2: worst that can happen? You watch it today you feel

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Speaker 2: a bit uplifted. I mean, for goodness sake, there's a

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Speaker 2: poll out. So you saw all the demonstrations. This is

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Speaker 2: another good insight into the way the world works at

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Speaker 2: the moment. So if you follow news in France, what

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Speaker 2: you got over the weekend was plenty of coverage of

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Speaker 2: all the protesters. Yet again, another weekend of France busy

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Speaker 2: protesting out on the street, lambasting the appointment of Michael Barnier.

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Speaker 2: Then you get the pole. What's the pole say? It's

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Speaker 2: an iefop Pole. What's the poll say? Fifty two percent

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Speaker 2: of people perfectly satisfied with this appointment. Fifty three percent

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Speaker 2: approve the nomination of Gabriel at Teal. He was the

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Speaker 2: bloke who was in front of Barnier. So by and

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Speaker 2: large people are happy. So you got one hundred thousand

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Speaker 2: left wingers on the streets that gets all the news,

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Speaker 2: barely get coverage of the Poles, the oldest prime minister

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Speaker 2: in history. By the way, I didn't realize that. They

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Speaker 2: think he's competent sixty two percent, they think he's open

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Speaker 2: to dialogue sixty one percent, and they think he's likable

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Speaker 2: sixty percent. So all at all, nothing to protest about.

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Speaker 2: Catherine Field's with us from France. By the way, in

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Speaker 2: about fifteen minutes six twenty.

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Speaker 13: Five trending now between Jim Square House, the home of

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Speaker 13: Big Brand fightamens now.

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Speaker 2: Saturday Night Live is an American institution on the Telly.

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Speaker 2: You can see it here if you scroll through enough

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Speaker 2: odd Sky channels. But it's success in America has led

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Speaker 2: us these things do to a movie they've called the

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Speaker 2: movie about the TV show Saturday Night It's the story

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Speaker 2: of how the show came to be and the lead

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Speaker 2: up to the first broadcast in October of nineteen seventy five.

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Speaker 14: My name is Laurden Michaels.

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Speaker 15: I'm the prouser and creator of Saturday Night. We're excited

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Speaker 15: because there's never been a television show like this.

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Speaker 1: Okay, well, what kind of show is it?

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Speaker 12: Larreant?

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Speaker 1: Do you even know what the show is? Did anyone

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Speaker 1: ask Adison what a lame bob was before you?

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Speaker 2: Highness Electricity, who are you in the metaphor and fact, non.

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Speaker 8: Rehearsal and no weekend updates.

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Speaker 16: NBC makes more money playing ruins of the Tonight Show.

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Speaker 6: I mean more than ninety minutes.

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Speaker 9: Of live television by a good of twenty year olds.

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Speaker 15: But we've never mean anything.

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Speaker 16: Okay, so this is I don't have to share that

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Speaker 16: they do.

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Speaker 5: You just have to make a.

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Speaker 2: Dare why Dylan O'Brien plays Dan Aykroyd, Williem dafoees and

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Speaker 2: there JK. Simmons, Nicholas Braun. Nicholas Braun was Gregor succession.

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Speaker 2: Everyone loves Nicholas Braun. That's greg and Succession. It's in

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Speaker 2: select theaters on the twenty seventh of September and then

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Speaker 2: basically all the other theaters from October the eleventh. I

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Speaker 2: don't know why they do. I don't know what. That's

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Speaker 2: sort of straight awards.

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Speaker 1: That's why.

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Speaker 2: Anyway, what are we got? We've got a counseling service,

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Speaker 2: a trial run by the er, the Education Review Office,

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Speaker 2: four primary schools. Why are primary school kids getting counseling?

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Speaker 2: There's your first question. Anyway, it appears to work more shortly.

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Speaker 1: Big news, bold opinions. Look the my costing, Breakfast with

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Speaker 1: a Vida, retirement, communities, Life your Way news togs had been.

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Speaker 2: It's building a head esteem the subject. Mike, you would

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Speaker 2: think that Mara would welcome the council's referendum vote for

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Speaker 2: Mary Wards, that this is the only democratic path and

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Speaker 2: the result will finally put it to bed. This referendum

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Speaker 2: will see an increase in voting, Ellen, I hope you're

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Speaker 2: right that it does see an increase in voting Mike.

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Speaker 2: The four hundred clergy tied in separate but tied in

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Speaker 2: the four hundred clergy who have declared publicly that they're

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Speaker 2: personally opposed to the Treaty Principles Bill that's currently before

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Speaker 2: Parliament have absolutely no authority to make this or any

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Speaker 2: statement on behalf of their parishioners. How arrogant? Who do

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Speaker 2: they think they are? I thought, first of all, it's

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Speaker 2: not in front of parliament, and that's part of the problem.

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Speaker 2: Doesn't go in front of parliament until November. People seem

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Speaker 2: genuinely confused about this, and that's probably because we've not

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Speaker 2: seen a draft document. In one of the ironies yesterday

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Speaker 2: in the postcap press conference by the Prime Minister, he

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Speaker 2: admitted he hadn't seen it either, And yet I can't

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Speaker 2: work out how you discussed something you hadn't seen, which

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Speaker 2: apparently he may or may not have done in cabinet.

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Speaker 2: The whole thing was a shambles anyways, with us in

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Speaker 2: an hour. But the point is I think that David

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Speaker 2: Seymour and this is typical of what these people do.

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Speaker 2: They say we're against this, which is fine. You're entitled

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Speaker 2: to say you're against it. But because we're against it,

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Speaker 2: and because we're superior to you and we're bright and

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Speaker 2: you're thick, it needs to go no further and that

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Speaker 2: is the real problem. Twenty ten minutes away from seven,

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Speaker 2: how's from Fielders in France. There's not a bunch of

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Speaker 2: interesting stuff going on there. It's a convoluted old place,

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Speaker 2: and we will touch on Germany for what was that music?

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Speaker 2: We'll just listen to the music.

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Speaker 15: What is this?

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Speaker 2: Who is?

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Speaker 9: If you're gonna ask me who it is, I'll find out.

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Speaker 15: Oh, how are you doing? By somebody else?

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Speaker 16: When we talked about mental health issue? No, okay, I

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Speaker 16: thought we were about to, so I thought i'd.

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Speaker 2: Play twenty ten. No, we are twenty two minutes away

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Speaker 2: from seven. It almost seems odd to say, but primary

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Speaker 2: school counseling services are showing promising results. Over the past

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Speaker 2: three years, more than two hundred and twenty schools have

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Speaker 2: taken part in the zero Project or this Pilot. Eighty

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Speaker 2: percent of the students involved, so their mental health has

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Speaker 2: improved in more than seventy five percent of the teachers

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Speaker 2: and parents say attendance and results have increased. So counselor

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Speaker 2: dead phrase Isshoes, director of Mirror Services, and is with

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Speaker 2: us dead Morning.

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Speaker 3: To you, st and Mike.

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Speaker 11: How are you doing very well?

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Speaker 2: Indeed?

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Speaker 3: Thank you.

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Speaker 2: How many kids do you see and how many of

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Speaker 2: them would need counseling? Do you think?

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Speaker 7: Oh?

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Speaker 11: How many do we see? I mean we're in across

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Speaker 11: five different schools in the Southern district, and we're available

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Speaker 11: to students who are year eight nunder, So all of

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Speaker 11: those children can have access to counseling if it's consented

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Speaker 11: to by their parents. And so we're seeing at least

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Speaker 11: five children a day and saying that we're only like

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Speaker 11: five hours in each of those schools or ten hours

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Speaker 11: in one of the bigger schools. So you know, it's

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Speaker 11: not a lot of counseling ours, but it is making

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Speaker 11: a significant difference.

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Speaker 2: How does it actually work? In other words, armer five

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Speaker 2: or six year old who approaches me to say do

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Speaker 2: you want some count.

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Speaker 11: Yeah, it's identified either by their teacher, the students themselves

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Speaker 11: are made aware that counselings available to them, or a

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Speaker 11: parent can also refer them into the service. So it's

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Speaker 11: great that there's multiple ways that they can access the services.

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Speaker 2: Was it so long ago that, I mean, I can't

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Speaker 2: imagine as a five year old somebody coming to me

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Speaker 2: an adult going high Mike, I'm just wondering if you'd

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Speaker 2: like some counseling. I would have had no idea what

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Speaker 2: you're talking about.

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Speaker 11: Yeah, exactly. Yeah, there's a difficult concept.

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Speaker 3: For a child.

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Speaker 11: It really is positioned as a way as somebody to

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Speaker 11: talk to if there are you know, if you're not

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Speaker 11: sleeping well, or something's happened that's upset you, and you're

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Speaker 11: not engaging in school or not wanting to come to school,

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Speaker 11: all those sorts of things that's really doubt drilled down

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Speaker 11: in a basic level for children to understand. But we

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Speaker 11: are talking more year seven and eight and of course

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Speaker 11: under as well.

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Speaker 2: Yeah, so when you say it has improved, how do

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Speaker 2: you know that? And do the kids tell you that?

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Speaker 2: And how would they quantify that in their own minds?

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Speaker 11: Yeah, So there are questionnaires that we do that get

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Speaker 11: you know, give a baseline of where somebody comes in

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Speaker 11: and how they're functioning, what their functioning is, and then afterwards,

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Speaker 11: after I've completed, so we can see the difference that

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Speaker 11: it makes, and they do do a session, you know,

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Speaker 11: how they found a session as well, so they're able

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Speaker 11: to report on what their experience is like. But I

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Speaker 11: think the reporting's coming from not just the children themselves,

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Speaker 11: but parents and their teachers. So it's like as not

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Speaker 11: quite a three sixty, but it's almost you know, there's

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Speaker 11: a number of points of input into that.

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Speaker 2: Well, do you give them coping mechanisms? Because I'd imagine

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Speaker 2: a lot of the problems if the kids have problems,

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Speaker 2: a lot of the problems we're at home. You can't

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Speaker 2: necessarily fix what's going on home. Therefore you give the

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Speaker 2: kid to coping mechanism. Is that fair or not?

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Speaker 10: Yeah?

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Speaker 11: Yeah, it is about strategies and coping and just being

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Speaker 11: able to talk about what's securing. But ideally working with

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Speaker 11: family is also important when you're working with children. So

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Speaker 11: where we can we involve family or where it's needed.

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Speaker 2: To good stuff. I'm glad it's working well. Appreciate the insight.

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Speaker 2: Did Fraser, who's Mirror Services director, rotate ten minutes away

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Speaker 2: from seven? So you'll be asking the Prime minister about

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Speaker 2: this what's going on here? You've seen it with the

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00:20:28,800 --> 00:20:31,720
Speaker 2: local council. So the government passes the law on the

438
00:20:31,760 --> 00:20:33,439
Speaker 2: Mariy seats. We all know what the law is on

439
00:20:33,480 --> 00:20:35,280
Speaker 2: the Marriory seats. You go to either get rid of them,

440
00:20:35,280 --> 00:20:37,679
Speaker 2: what we're going to put them to a referendum. Very simple.

441
00:20:37,960 --> 00:20:39,760
Speaker 2: So what are the councils or some of the councils do.

442
00:20:39,800 --> 00:20:41,480
Speaker 2: The first thing they do is they go hire a lawyer.

443
00:20:41,480 --> 00:20:44,680
Speaker 2: They look at going hiring legal advice. Why Law's the law?

444
00:20:44,920 --> 00:20:46,399
Speaker 2: Why are we getting this pushback? And then we get

445
00:20:46,440 --> 00:20:48,960
Speaker 2: Shane Ritty yesterday we are telling you about the story.

446
00:20:48,960 --> 00:20:53,040
Speaker 2: This is Hawk's Bay once again, race based healthcare. If

447
00:20:53,119 --> 00:20:55,360
Speaker 2: you're Marrie, you go to the front of the queue

448
00:20:55,400 --> 00:20:59,960
Speaker 2: for free service. Why Retty steps in and goes it's again,

449
00:21:00,040 --> 00:21:04,120
Speaker 2: it's the rules. You can't do it. It stops now. Why

450
00:21:04,240 --> 00:21:08,080
Speaker 2: is the health minister or any minister being forced to

451
00:21:08,119 --> 00:21:10,840
Speaker 2: deal with the bureaucracy in which they are in charge

452
00:21:10,880 --> 00:21:13,840
Speaker 2: of to get them to follow the rules they already

453
00:21:13,840 --> 00:21:17,400
Speaker 2: should be following us. There's some sort of subversive activity

454
00:21:17,440 --> 00:21:19,600
Speaker 2: going on in the public service whereby you sort of

455
00:21:19,640 --> 00:21:21,440
Speaker 2: make it up as you go along, and you work

456
00:21:21,440 --> 00:21:24,600
Speaker 2: out what rule you like, what rule you won't, which

457
00:21:24,600 --> 00:21:26,960
Speaker 2: one you'll follow, which one you're There's something not right

458
00:21:27,000 --> 00:21:28,840
Speaker 2: here anyway more Later seventeen two.

459
00:21:29,560 --> 00:21:34,040
Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio Power

460
00:21:34,040 --> 00:21:34,919
Speaker 1: It by News.

461
00:21:34,640 --> 00:21:37,600
Speaker 2: TALKSP Mike, where's the Health New Zealand CEO? You mean

462
00:21:37,680 --> 00:21:46,760
Speaker 2: Margie Appa that's in that I suspect is your problem? Morning, Mike.

463
00:21:46,800 --> 00:21:49,280
Speaker 2: I can't believe Pario or high school re Nceea. The

464
00:21:49,320 --> 00:21:51,879
Speaker 2: headmaster needs to be sacked. My son rose up at

465
00:21:51,880 --> 00:21:54,199
Speaker 2: four thirty four times a week and still studies and

466
00:21:54,320 --> 00:21:57,560
Speaker 2: is doing well. It's crime or river. If you've missed

467
00:21:57,600 --> 00:22:00,560
Speaker 2: the story. She was on the news yesterday's suggesting that

468
00:22:00,600 --> 00:22:03,280
Speaker 2: they've delayed one of the NCEEA tests, you know these

469
00:22:03,359 --> 00:22:05,480
Speaker 2: numerously and literacy tests, because their kids have got a

470
00:22:05,480 --> 00:22:08,119
Speaker 2: whole bunch of stuff on. And I did, to be

471
00:22:08,200 --> 00:22:11,160
Speaker 2: fair come to a similar conclusion fourteen minutes away from.

472
00:22:10,960 --> 00:22:15,239
Speaker 1: Seven International correspondence with Ends and Eye Insurance. Peace of

473
00:22:15,280 --> 00:22:16,720
Speaker 1: mind for New Zealand business.

474
00:22:16,720 --> 00:22:18,560
Speaker 2: Not that ES just really needs to be sacked, but

475
00:22:19,080 --> 00:22:21,119
Speaker 2: part of the problem in the malays we face in

476
00:22:21,200 --> 00:22:24,320
Speaker 2: this country is based on that kind of mentality, unfortunately.

477
00:22:24,400 --> 00:22:27,879
Speaker 2: Catherine Fields in France, good morning, Good morning. Now this

478
00:22:28,000 --> 00:22:31,320
Speaker 2: DRAGI reports interesting because what it does, from this distance

479
00:22:31,320 --> 00:22:33,439
Speaker 2: at the bottom of the world sort of encapsulate to

480
00:22:33,440 --> 00:22:35,560
Speaker 2: me all of Europe's many, many problems. You've got great

481
00:22:35,600 --> 00:22:37,920
Speaker 2: countries and you've got basket case countries, and they're all

482
00:22:37,920 --> 00:22:40,399
Speaker 2: in the same group together, and that's part of the problem,

483
00:22:40,440 --> 00:22:40,720
Speaker 2: isn't it.

484
00:22:41,600 --> 00:22:44,080
Speaker 17: Well, yeah, I mean the some breaker is over and

485
00:22:44,280 --> 00:22:47,200
Speaker 17: Marrio Drug, former head of the European Central Bank, has

486
00:22:47,480 --> 00:22:50,080
Speaker 17: put forward this report on what's.

487
00:22:49,880 --> 00:22:52,000
Speaker 2: Wrong with Europe's economy at the moment.

488
00:22:52,119 --> 00:22:55,000
Speaker 17: I mean, essentially, he's said that everything's going to be

489
00:22:55,000 --> 00:22:58,600
Speaker 17: shaken up, that the Chinese economy and the American economy

490
00:22:58,680 --> 00:23:02,320
Speaker 17: is just lasting on ahead, and whilst Europe will continue

491
00:23:02,359 --> 00:23:07,280
Speaker 17: to be important, it will decline globally. It's influence, its

492
00:23:07,320 --> 00:23:11,320
Speaker 17: economies will decline unless there is a lot of change.

493
00:23:11,359 --> 00:23:15,640
Speaker 17: Now he's come up with the whole patchwork of suggestions.

494
00:23:15,720 --> 00:23:19,120
Speaker 17: You need new strategic goals. That means getting away from

495
00:23:19,160 --> 00:23:23,720
Speaker 17: producing cars all the time, having a whole new industrial plan.

496
00:23:24,240 --> 00:23:30,119
Speaker 17: You're enabling market consolidation, centralized capital markets, all these sorts

497
00:23:30,160 --> 00:23:33,679
Speaker 17: of ideas that people have been coming up with for years.

498
00:23:33,720 --> 00:23:36,400
Speaker 17: But he feels now is the time to put it forward,

499
00:23:36,480 --> 00:23:38,480
Speaker 17: this new industrial strategy.

500
00:23:39,119 --> 00:23:40,840
Speaker 2: The problem is, Mike.

501
00:23:41,400 --> 00:23:43,239
Speaker 17: Is going to be the cost. He reckons it's going

502
00:23:43,320 --> 00:23:46,680
Speaker 17: to cost about eight hundred billion euros a year. That's

503
00:23:46,760 --> 00:23:52,600
Speaker 17: about five percent of the EU's whole GDP. So where

504
00:23:52,600 --> 00:23:54,480
Speaker 17: does the money come from? When he says there's lots

505
00:23:54,520 --> 00:23:56,920
Speaker 17: of ideas, aren't there? You can either get it through

506
00:23:57,240 --> 00:24:01,240
Speaker 17: contributions from member states, or you can get new debt.

507
00:24:01,680 --> 00:24:04,240
Speaker 17: There are a lot of ways around it. And Europe's

508
00:24:04,280 --> 00:24:07,480
Speaker 17: got to really start taking it seriously. And one of

509
00:24:07,520 --> 00:24:10,040
Speaker 17: the suggestions he came up with, Mike that was that,

510
00:24:10,320 --> 00:24:13,880
Speaker 17: for example, Europe when it comes to defense, it buys

511
00:24:14,119 --> 00:24:19,040
Speaker 17: around sixty three percent of its defense equipment from the US.

512
00:24:19,400 --> 00:24:21,639
Speaker 17: So he since Europe shouldn't be doing this, they should

513
00:24:21,640 --> 00:24:24,879
Speaker 17: be making itself. So we're all looking at this report,

514
00:24:24,960 --> 00:24:28,399
Speaker 17: four hundred pages long, all about the need for change,

515
00:24:28,600 --> 00:24:30,359
Speaker 17: all about how much money is needed.

516
00:24:30,760 --> 00:24:32,200
Speaker 2: But you know, Mike, that old.

517
00:24:32,040 --> 00:24:34,600
Speaker 17: Saying that everyone's got a plan until they come up

518
00:24:34,640 --> 00:24:39,160
Speaker 17: against entrenched national interests. Well, this isn't going to fly

519
00:24:39,280 --> 00:24:41,160
Speaker 17: in France, it's not going to fly in Germany.

520
00:24:41,359 --> 00:24:44,120
Speaker 2: So interesting. And then you come to Schultz, who's head

521
00:24:44,160 --> 00:24:46,440
Speaker 2: is regional elections. He's going to have to do something else.

522
00:24:46,440 --> 00:24:48,800
Speaker 2: He's going to find himself out of office. So what's

523
00:24:48,840 --> 00:24:50,320
Speaker 2: he doing about migration.

524
00:24:50,800 --> 00:24:54,159
Speaker 17: Well, he's just put in places. Interior Ministry announced just

525
00:24:54,200 --> 00:24:57,320
Speaker 17: a couple of hours ago that for six months an

526
00:24:57,400 --> 00:25:00,040
Speaker 17: initial period, they say that they're going to put in

527
00:25:00,119 --> 00:25:04,800
Speaker 17: place border controls across its whole land border. That means

528
00:25:04,880 --> 00:25:09,240
Speaker 17: three thy seven hundred kilometers long border nine countries. They're

529
00:25:09,240 --> 00:25:12,520
Speaker 17: going to tighten these border controls. That means, they say

530
00:25:12,680 --> 00:25:17,200
Speaker 17: that they'll be less uncontrolled regular migration. Plus they're also

531
00:25:17,480 --> 00:25:23,720
Speaker 17: going to expand the possibilities for repatriating those people who

532
00:25:23,760 --> 00:25:28,680
Speaker 17: have had their applications for asylum rejected. When you look

533
00:25:28,720 --> 00:25:31,920
Speaker 17: at the figures, Mike, they are extraordinary. Just last year

534
00:25:31,960 --> 00:25:36,640
Speaker 17: and the year before, Germany took in another million Ukrainians

535
00:25:36,680 --> 00:25:39,960
Speaker 17: who were fleeing from the war in Ukraine. Twenty twenty

536
00:25:39,960 --> 00:25:44,120
Speaker 17: two they took in two million asylum seekers. So these

537
00:25:44,119 --> 00:25:46,080
Speaker 17: are the sort of numbers you're looking at. Twenty twenty

538
00:25:46,119 --> 00:25:48,199
Speaker 17: one they took in one point two million. These are

539
00:25:48,280 --> 00:25:52,120
Speaker 17: huge numbers. They say they just cannot cope and it's

540
00:25:52,400 --> 00:25:55,280
Speaker 17: time to you know, really, if you're in a way, Mike,

541
00:25:55,359 --> 00:25:57,840
Speaker 17: you know, thumbit's nose at the EU and say, listen,

542
00:25:58,119 --> 00:26:01,560
Speaker 17: the Shngen agreement on having open border hasn't worked for Germany.

543
00:26:01,560 --> 00:26:04,280
Speaker 17: We're putting them in place. And if you want to

544
00:26:04,320 --> 00:26:05,840
Speaker 17: talk to us about it, they say, you come and

545
00:26:05,880 --> 00:26:07,239
Speaker 17: talk to us, and you go and talk to our

546
00:26:07,280 --> 00:26:08,280
Speaker 17: photos about it as well.

547
00:26:08,320 --> 00:26:09,800
Speaker 2: All right, good to catch up with the Catherine see

548
00:26:09,840 --> 00:26:11,919
Speaker 2: next Tuesday. Catherine Field and France. I remember saying at

549
00:26:11,920 --> 00:26:14,440
Speaker 2: the time when Merkel opened the gate. We're all refugees once,

550
00:26:14,480 --> 00:26:16,199
Speaker 2: she said, and I thought, that is the end of

551
00:26:16,240 --> 00:26:18,840
Speaker 2: your political career. And so it turned out to be

552
00:26:18,960 --> 00:26:20,200
Speaker 2: ten away from seven.

553
00:26:20,600 --> 00:26:24,680
Speaker 1: On my costal breakfasits with our Veda Retirement Communities News

554
00:26:24,720 --> 00:26:25,280
Speaker 1: Tom SEDB.

555
00:26:25,560 --> 00:26:28,280
Speaker 2: Part of the whole HIPKNS tax you more debate is

556
00:26:28,359 --> 00:26:30,320
Speaker 2: based around the idea that we're all getting older, which

557
00:26:30,359 --> 00:26:32,440
Speaker 2: of course is factually true, and living longer, which is

558
00:26:32,480 --> 00:26:35,560
Speaker 2: equally factorily true, and we can't, allegedly, which is debatable,

559
00:26:35,600 --> 00:26:38,600
Speaker 2: afford it. But then yesterday we get the Superannuation Fund

560
00:26:38,600 --> 00:26:41,080
Speaker 2: news record high of seventy six point six billion dollars.

561
00:26:41,480 --> 00:26:43,439
Speaker 2: It earned eleven point two billion for the year end

562
00:26:43,480 --> 00:26:45,840
Speaker 2: of June. That's a fourteen point nine percent rise on

563
00:26:45,880 --> 00:26:48,720
Speaker 2: the previous year. Not a bad return, I hear you say.

564
00:26:49,280 --> 00:26:52,080
Speaker 2: Been around for twenty three years now. Since it began

565
00:26:52,119 --> 00:26:54,600
Speaker 2: in two thousand and one, funders averaged and this is

566
00:26:54,640 --> 00:26:59,320
Speaker 2: the really impressive part. It has averaged ten percent each

567
00:26:59,560 --> 00:27:04,200
Speaker 2: and every single year for twenty something years. And it's

568
00:27:04,240 --> 00:27:07,000
Speaker 2: expected to start making payments for the country superannuation bill

569
00:27:07,040 --> 00:27:08,960
Speaker 2: in the mid twenty thirty. So if they keep going

570
00:27:08,960 --> 00:27:11,560
Speaker 2: the way they are, you'll be miles in excess of

571
00:27:11,560 --> 00:27:16,280
Speaker 2: one hundred million dollars once and presumably mitigating the problem

572
00:27:16,359 --> 00:27:18,720
Speaker 2: that they seem to think we have five minutes away

573
00:27:18,720 --> 00:27:19,480
Speaker 2: from seven.

574
00:27:20,920 --> 00:27:22,440
Speaker 13: For the ins and the outs.

575
00:27:22,760 --> 00:27:26,880
Speaker 1: It's the fizz with business fiber, take your business productivity

576
00:27:26,960 --> 00:27:27,879
Speaker 1: to the next level.

577
00:27:27,920 --> 00:27:30,399
Speaker 2: Now, China unfortunately still an issue. So we've got a

578
00:27:30,400 --> 00:27:32,720
Speaker 2: couple of figures for you. The Producer Price Index that

579
00:27:32,840 --> 00:27:35,200
Speaker 2: mess measures the cost of goods at the factory gate.

580
00:27:35,240 --> 00:27:37,159
Speaker 2: You know how much domestic producers are receiving for their

581
00:27:37,200 --> 00:27:40,000
Speaker 2: goods and services. So for August that was down never good,

582
00:27:40,119 --> 00:27:42,240
Speaker 2: one point eight percent compared to this time last year.

583
00:27:42,359 --> 00:27:44,520
Speaker 2: That to beg increase on the decline of zero point

584
00:27:44,560 --> 00:27:48,000
Speaker 2: eight percent in July and was worse than the analyst prediction.

585
00:27:48,080 --> 00:27:49,840
Speaker 2: The analyst thought it was one point four ten out

586
00:27:49,840 --> 00:27:52,560
Speaker 2: to be one point eight not good. Meanwhile, the Consumer

587
00:27:52,560 --> 00:27:55,680
Speaker 2: Price Index to CPI the increase of zero point sixty

588
00:27:55,760 --> 00:27:58,520
Speaker 2: year on year, slightly less than they were hoping for.

589
00:27:58,560 --> 00:28:01,639
Speaker 2: The prediction was zero point seven, a little bit faster

590
00:28:01,680 --> 00:28:05,120
Speaker 2: than July zero point five. So you know, read into

591
00:28:05,200 --> 00:28:07,679
Speaker 2: that what you will consumers are paying more for goods

592
00:28:07,880 --> 00:28:09,960
Speaker 2: those at the factory gate are getting less for what

593
00:28:10,040 --> 00:28:11,919
Speaker 2: they produce. Not a great combo. So a lot of

594
00:28:11,920 --> 00:28:14,080
Speaker 2: it's down to the weather. They've had some deadly floods,

595
00:28:14,080 --> 00:28:16,080
Speaker 2: they've had some heat waves, which has pushed up the

596
00:28:16,080 --> 00:28:19,080
Speaker 2: farmer's produced prices. They've also lost one point to four

597
00:28:19,080 --> 00:28:23,040
Speaker 2: to six million hectares of crops in August alone. Food

598
00:28:23,080 --> 00:28:25,200
Speaker 2: prices are up two point eight percent, which isn't the

599
00:28:25,280 --> 00:28:28,000
Speaker 2: end of the world. Non food inflation was up zero

600
00:28:28,080 --> 00:28:30,520
Speaker 2: point two percent. That's month on months. Economists a little

601
00:28:30,520 --> 00:28:33,560
Speaker 2: bit worried about the deflationary PPI as it could mean

602
00:28:33,600 --> 00:28:36,080
Speaker 2: investments are going to fall off and margins come under pressure,

603
00:28:36,080 --> 00:28:37,560
Speaker 2: and they're trying and get back into the black of mets.

604
00:28:37,560 --> 00:28:39,720
Speaker 2: Before I even get down the rabbit hole that is

605
00:28:39,760 --> 00:28:43,600
Speaker 2: the Chinese housing market at the moment, after seven o'clock,

606
00:28:43,640 --> 00:28:45,640
Speaker 2: what can I tell you, well, Chris fin lesson on

607
00:28:45,680 --> 00:28:52,280
Speaker 2: this treaty negotiation, this Treaty Principal's Bill which the Prime

608
00:28:52,280 --> 00:28:55,000
Speaker 2: Minister came out of cabinet yesterday and the first questions

609
00:28:55,040 --> 00:28:57,320
Speaker 2: everybody were, they were all fizzing about, you know how

610
00:28:57,360 --> 00:28:59,000
Speaker 2: they were going to have this discussion about the Treaty

611
00:28:59,000 --> 00:29:01,160
Speaker 2: Principle's Bill and of course lucks and said, well, we

612
00:29:01,200 --> 00:29:02,960
Speaker 2: can't talk about what goes on in cabinet, so that

613
00:29:03,040 --> 00:29:04,400
Speaker 2: was sort of the beginning in the end of that.

614
00:29:05,000 --> 00:29:07,320
Speaker 2: Then he said he hadn't actually seen a draft form

615
00:29:07,360 --> 00:29:09,440
Speaker 2: of the bill. Then somebody, i think, asked, is there

616
00:29:09,440 --> 00:29:11,160
Speaker 2: actually a bill there at all? Or are we just

617
00:29:11,320 --> 00:29:13,800
Speaker 2: wandering around around in circles making this stuff up. Meantime,

618
00:29:13,880 --> 00:29:17,160
Speaker 2: David Seymour, architect of the bill that may or may

619
00:29:17,200 --> 00:29:19,200
Speaker 2: not exist or may or may not have been discussed

620
00:29:19,200 --> 00:29:21,840
Speaker 2: at cabinet yesterday, is suggesting there is a change or

621
00:29:21,840 --> 00:29:24,120
Speaker 2: two coming as a result of that. So we'll cover

622
00:29:24,200 --> 00:29:25,840
Speaker 2: that off with Chris vanlay soon, and then we get

623
00:29:25,840 --> 00:29:29,680
Speaker 2: this slightly angsty business of the gang patches, whereby there's

624
00:29:29,680 --> 00:29:32,960
Speaker 2: a late change to the pending rule which has got

625
00:29:32,960 --> 00:29:37,240
Speaker 2: the law society particularly upset for recidiv as defenders. You

626
00:29:37,280 --> 00:29:39,840
Speaker 2: will not be able to wear a gang patch in

627
00:29:39,880 --> 00:29:42,880
Speaker 2: your lounge of your house. Now how they make that work?

628
00:29:42,920 --> 00:29:45,360
Speaker 2: As an interesting one? Sir Paul Goldsmith, the Justice Minister,

629
00:29:45,440 --> 00:29:47,520
Speaker 2: on that as well. After the News which is.

630
00:29:47,520 --> 00:29:52,960
Speaker 1: Next, demanding the answers from the decision makers, the mic

631
00:29:53,080 --> 00:29:56,800
Speaker 1: asking breakfast with the jaguar f Bayse cut from a

632
00:29:56,840 --> 00:29:58,800
Speaker 1: different clath news Tog said, be I.

633
00:29:58,720 --> 00:30:00,680
Speaker 2: Think seven past seven and the on owing mystery that

634
00:30:00,800 --> 00:30:02,800
Speaker 2: is the Treaty Principal's Bill. We got a wacky back

635
00:30:02,800 --> 00:30:04,960
Speaker 2: and forward from the PM yesterday that we'll deal with

636
00:30:05,000 --> 00:30:07,720
Speaker 2: after seven thirty. But we also seemingly got a change

637
00:30:07,720 --> 00:30:11,040
Speaker 2: of wording from the architect. Article two previously said apparently

638
00:30:11,080 --> 00:30:14,000
Speaker 2: the New Zealand government will honor all New Zealanders and

639
00:30:14,040 --> 00:30:16,479
Speaker 2: the chieftainship of their land and property. That's now going

640
00:30:16,520 --> 00:30:19,200
Speaker 2: to be changed the former treaty negotiations. Minister Chrispin license

641
00:30:19,240 --> 00:30:21,920
Speaker 2: with us. Chris, good morning to you morning. As a

642
00:30:21,960 --> 00:30:24,440
Speaker 2: man who's been in politics and now looks from some

643
00:30:24,480 --> 00:30:26,240
Speaker 2: sort of distance, what do you make of this whole

644
00:30:26,320 --> 00:30:27,840
Speaker 2: thing it's as it's unfolded.

645
00:30:29,280 --> 00:30:31,440
Speaker 12: Well, I just think it's most unfortunate.

646
00:30:31,520 --> 00:30:31,760
Speaker 15: Really.

647
00:30:32,080 --> 00:30:33,400
Speaker 12: It takes me back to when I was on my

648
00:30:33,520 --> 00:30:37,000
Speaker 12: first term in Parliament. Helen Clark and Michael Cullen agreed

649
00:30:37,080 --> 00:30:40,120
Speaker 12: with Winston that I wanted to and could introduce a

650
00:30:40,240 --> 00:30:43,200
Speaker 12: dilation of the principles of the Treaty Bill, and they

651
00:30:43,240 --> 00:30:45,880
Speaker 12: supported it through the first reading. I was on the

652
00:30:45,880 --> 00:30:50,840
Speaker 12: Select Committee. It was rubbish, gibberish, really and diet natural deaths,

653
00:30:50,840 --> 00:30:52,920
Speaker 12: and so I think this one is destined to suffer

654
00:30:52,960 --> 00:30:53,560
Speaker 12: the same faith?

655
00:30:53,760 --> 00:30:55,680
Speaker 2: Is this the problem? Does this go back to Christopher

656
00:30:55,720 --> 00:30:58,479
Speaker 2: Luxon in agreeing with it? And because you could if

657
00:30:59,160 --> 00:31:01,560
Speaker 2: we could see this unfolding the way it hats, couldn't we?

658
00:31:03,320 --> 00:31:03,560
Speaker 15: Yeah?

659
00:31:03,680 --> 00:31:07,880
Speaker 18: Well, twenty years on from Doug's effort, where a different country,

660
00:31:08,040 --> 00:31:11,760
Speaker 18: and whereas people just yawned when New Zealand Firsts Members

661
00:31:11,800 --> 00:31:14,640
Speaker 18: Bill was introduced in two thousand and six. I think

662
00:31:14,640 --> 00:31:19,120
Speaker 18: it was people They've moved on such a long way.

663
00:31:19,320 --> 00:31:21,000
Speaker 18: This sort of thing aggravates people.

664
00:31:21,280 --> 00:31:24,680
Speaker 2: Okay, but what about the broad based argument that it's

665
00:31:24,760 --> 00:31:27,400
Speaker 2: worth a debate, that a debate is not to be

666
00:31:27,400 --> 00:31:28,320
Speaker 2: shied away from.

667
00:31:29,000 --> 00:31:31,120
Speaker 12: Well, I would have thought for the ACT party, the

668
00:31:31,160 --> 00:31:33,360
Speaker 12: biggest debate that we should be having is how do

669
00:31:33,440 --> 00:31:36,360
Speaker 12: we not become an Argentina in twenty fifty And it's

670
00:31:36,400 --> 00:31:41,400
Speaker 12: tailor made for ACT to talk about greater productivity.

671
00:31:40,800 --> 00:31:45,800
Speaker 18: Less regulation, a leaner, smarter government of other sorts of

672
00:31:45,840 --> 00:31:47,560
Speaker 18: things David should be concentrating on.

673
00:31:47,800 --> 00:31:50,000
Speaker 12: That's why ACT was founded by Roger Douglas.

674
00:31:50,040 --> 00:31:53,320
Speaker 2: Indeed, so this goes to Parliament, it heads off to

675
00:31:53,360 --> 00:31:55,360
Speaker 2: Select committee, your pick would be it dies at that

676
00:31:55,400 --> 00:31:59,080
Speaker 2: particular point. Well, Simo's argument, as he can persuade people,

677
00:31:59,480 --> 00:32:01,200
Speaker 2: is that and slightly possible.

678
00:32:01,240 --> 00:32:03,520
Speaker 14: Do you think I'll get a life?

679
00:32:04,280 --> 00:32:05,840
Speaker 2: Good on? You're nice to talk to you. Chris fin

680
00:32:05,920 --> 00:32:11,880
Speaker 2: Layson Form treaty negotiations nine minutes past seven, pask gang.

681
00:32:11,960 --> 00:32:13,440
Speaker 2: I like people to come on and tell it like

682
00:32:13,480 --> 00:32:14,920
Speaker 2: it is. We've got a new clause and the gang

683
00:32:15,000 --> 00:32:17,240
Speaker 2: law members could have patches banned in their own homes.

684
00:32:17,520 --> 00:32:20,120
Speaker 2: So the changes of the Gang's Bill make it illegal

685
00:32:20,640 --> 00:32:23,440
Speaker 2: for repeater fenders to have insignia at their usual place

686
00:32:23,440 --> 00:32:25,760
Speaker 2: of residence. The Law Society's not thrilled about this. They

687
00:32:25,760 --> 00:32:28,080
Speaker 2: think it's been rush. Justice Minister Paul Goldsmith with us.

688
00:32:28,120 --> 00:32:31,200
Speaker 2: Poor morning, good morning. How are you you say what

689
00:32:31,280 --> 00:32:32,400
Speaker 2: to the law society?

690
00:32:33,560 --> 00:32:33,760
Speaker 12: Oh?

691
00:32:33,800 --> 00:32:36,400
Speaker 14: Look, I mean the the job to raise issues. But

692
00:32:36,440 --> 00:32:38,520
Speaker 14: we made no apologies for the fact that we want

693
00:32:38,560 --> 00:32:41,680
Speaker 14: to give the police extra tools to deal with gang

694
00:32:41,720 --> 00:32:45,280
Speaker 14: members who are making life miserable for many New Zealanders.

695
00:32:45,360 --> 00:32:47,920
Speaker 14: So we're less worried about the rights of the gang

696
00:32:47,960 --> 00:32:50,760
Speaker 14: members than we are about the rights of ordinary citizens

697
00:32:50,760 --> 00:32:53,800
Speaker 14: to go about without fear and intimidation in their communities.

698
00:32:53,960 --> 00:32:56,600
Speaker 2: Where did the specific bit come from and why so late?

699
00:32:58,000 --> 00:33:00,240
Speaker 14: Well, I mean it was through the Select Committee proces.

700
00:33:00,440 --> 00:33:04,280
Speaker 14: Questions were raised about how do you deal with people

701
00:33:04,280 --> 00:33:08,640
Speaker 14: who just flatantly, blatantly disregard the law. And so all

702
00:33:08,680 --> 00:33:12,200
Speaker 14: we're doing is saying that if you are convicted three

703
00:33:12,280 --> 00:33:16,720
Speaker 14: times of wearing the gang patch in public, then there's

704
00:33:16,760 --> 00:33:19,800
Speaker 14: an escalating consequence for that, and the consequences that you

705
00:33:19,880 --> 00:33:22,600
Speaker 14: get a ban not only in public but in your

706
00:33:22,600 --> 00:33:25,920
Speaker 14: private home and if the police suspect they can go

707
00:33:25,960 --> 00:33:28,760
Speaker 14: and search for it, and so that's just an escalating

708
00:33:28,800 --> 00:33:31,440
Speaker 14: consequences for what we hope will be only a very

709
00:33:31,480 --> 00:33:33,000
Speaker 14: small group of repeat offenders.

710
00:33:33,040 --> 00:33:34,680
Speaker 2: Well, I was going to say, how enforceable is it?

711
00:33:35,760 --> 00:33:40,320
Speaker 14: Well, it is very enforceable, and so we're about giving

712
00:33:40,360 --> 00:33:42,080
Speaker 14: the police the tools that they need. And this is

713
00:33:42,120 --> 00:33:44,760
Speaker 14: part of the Boarder context, which is around non dispersal

714
00:33:44,880 --> 00:33:48,840
Speaker 14: orders and breaking up areas of gangs, making an aggravating factor,

715
00:33:49,280 --> 00:33:52,200
Speaker 14: dealing with tougher firearms laws. I mean, the reality is

716
00:33:52,560 --> 00:33:55,560
Speaker 14: it's obvious to everybody who's listening that we've seen over

717
00:33:55,600 --> 00:33:59,880
Speaker 14: the last six years big increase in gang membership and intimidation,

718
00:34:00,160 --> 00:34:01,760
Speaker 14: and so we've got to have some extra tools to

719
00:34:01,760 --> 00:34:03,520
Speaker 14: fight back. And that's what we're going to give the police.

720
00:34:03,560 --> 00:34:05,160
Speaker 2: In practical terms, I should have asked it in a

721
00:34:05,200 --> 00:34:07,520
Speaker 2: different way when I say enforcible. Of course the laws enforcable.

722
00:34:07,560 --> 00:34:10,040
Speaker 2: But do they have the resource to knock on somebody's

723
00:34:10,080 --> 00:34:12,040
Speaker 2: window and go, haha, I see you in the lounge

724
00:34:12,040 --> 00:34:14,160
Speaker 2: there with a gang patch. Is this just something that

725
00:34:14,200 --> 00:34:16,200
Speaker 2: they can add to the charge sheet at the end

726
00:34:16,200 --> 00:34:17,640
Speaker 2: of the day when they round them up and raid

727
00:34:17,680 --> 00:34:18,080
Speaker 2: their house.

728
00:34:19,280 --> 00:34:23,640
Speaker 14: Well, no, I mean what it's about is giving them,

729
00:34:23,960 --> 00:34:26,359
Speaker 14: the police that option to deal with what we think

730
00:34:26,400 --> 00:34:27,960
Speaker 14: will be a small group of people who say, well,

731
00:34:28,040 --> 00:34:30,000
Speaker 14: stuff you, I'm just going to wear my patch and

732
00:34:30,040 --> 00:34:31,759
Speaker 14: I'll pay my fine and I'll keep on doing it.

733
00:34:32,280 --> 00:34:35,440
Speaker 14: And that would make it would undermine the purpose of

734
00:34:35,480 --> 00:34:37,879
Speaker 14: the bill, and that's why we got that feedback during

735
00:34:37,880 --> 00:34:40,080
Speaker 14: a Select committee. And so bringing in this extra tool

736
00:34:40,400 --> 00:34:42,440
Speaker 14: to give the police extra powers to deal with that

737
00:34:42,480 --> 00:34:44,040
Speaker 14: small number of repeat offenders.

738
00:34:44,080 --> 00:34:46,120
Speaker 2: Have you been surprised at the amount of pushback you've

739
00:34:46,120 --> 00:34:48,440
Speaker 2: got on this for something that you would think that

740
00:34:48,480 --> 00:34:50,799
Speaker 2: most New Zealanders are on board with, and I think

741
00:34:50,840 --> 00:34:53,840
Speaker 2: they are. There seems to be a coterie of people

742
00:34:53,920 --> 00:34:58,520
Speaker 2: whose life life's calling appears to be to push back

743
00:34:58,560 --> 00:34:59,720
Speaker 2: on everything you're trying.

744
00:35:02,120 --> 00:35:02,920
Speaker 16: No, I'm not surprised.

745
00:35:02,920 --> 00:35:05,319
Speaker 14: I mean we have, I think labored under a bit

746
00:35:05,360 --> 00:35:08,239
Speaker 14: of a culture of excuses when it comes to law

747
00:35:08,920 --> 00:35:13,560
Speaker 14: in disorder, where it's everybody else's fault for people causing

748
00:35:13,600 --> 00:35:16,480
Speaker 14: mayhem on our streets and violence, and we just don't

749
00:35:16,520 --> 00:35:19,239
Speaker 14: accept that principle. We think people are responsible for their

750
00:35:19,280 --> 00:35:21,640
Speaker 14: actions and they need to be held to account and

751
00:35:21,680 --> 00:35:23,640
Speaker 14: we need to give the police the tools to deal

752
00:35:23,680 --> 00:35:27,280
Speaker 14: with that very small section of society that's causing mayhem.

753
00:35:27,360 --> 00:35:29,680
Speaker 2: Good stuff. Paul pressuret of very much. Paul Goldsmith, who's

754
00:35:29,680 --> 00:35:33,200
Speaker 2: the Justice Minister. Twelve and it's past seven. That specific

755
00:35:33,280 --> 00:35:35,800
Speaker 2: question is a he's got the pushback I mentioned Retty

756
00:35:35,840 --> 00:35:37,759
Speaker 2: earlier on. And you know, we know the rules in

757
00:35:37,760 --> 00:35:40,280
Speaker 2: this country. You can't have race based health care until

758
00:35:40,320 --> 00:35:43,200
Speaker 2: you have remarkably race based healthcare and hawks Bay and

759
00:35:43,200 --> 00:35:45,600
Speaker 2: the Minister's got to dip his toe and say, by

760
00:35:45,640 --> 00:35:47,640
Speaker 2: the way, rules of the rules. And then we get

761
00:35:47,640 --> 00:35:50,160
Speaker 2: to the business this coverage and Nicole m Key, she's

762
00:35:50,640 --> 00:35:53,880
Speaker 2: very controversial figure according to some, particularly in the media,

763
00:35:54,080 --> 00:35:56,279
Speaker 2: and she wants to reform the gun law. She's working

764
00:35:56,320 --> 00:35:58,800
Speaker 2: through that. At the moment, there's another big story this morning.

765
00:35:58,880 --> 00:36:00,719
Speaker 2: There's two things in this country that really get up

766
00:36:00,719 --> 00:36:03,120
Speaker 2: my nose at the moment. One is this open letter

767
00:36:03,160 --> 00:36:04,719
Speaker 2: thing I mentioned yesterday, and Glen and I are on

768
00:36:04,760 --> 00:36:06,879
Speaker 2: the same page in this. There's too many bloody open

769
00:36:06,960 --> 00:36:09,480
Speaker 2: letters in this country. Stop writing open letters and the

770
00:36:09,520 --> 00:36:12,640
Speaker 2: media needs to stop obsessing with covering open letters. And

771
00:36:12,680 --> 00:36:17,040
Speaker 2: the other thing is this this this bureaucratic advice. Every

772
00:36:17,080 --> 00:36:20,240
Speaker 2: time that some agency gives a minister advice that doesn't

773
00:36:20,320 --> 00:36:22,480
Speaker 2: dubtail with what the minister or the government of the

774
00:36:22,560 --> 00:36:25,200
Speaker 2: day are trying to do, that suddenly is news some

775
00:36:25,520 --> 00:36:29,520
Speaker 2: faceless wonk who wrote a piece of paper. I don't

776
00:36:29,560 --> 00:36:32,000
Speaker 2: think that what you're doing it's going to work very well.

777
00:36:32,080 --> 00:36:34,240
Speaker 2: That isn't news by it. So who is this person?

778
00:36:34,480 --> 00:36:36,080
Speaker 2: Do they know what they're talking about, do they have

779
00:36:36,160 --> 00:36:39,000
Speaker 2: any level of experience or expertise? And why is it

780
00:36:39,120 --> 00:36:42,520
Speaker 2: suddenly news? But this morning's example is Nicole m Key,

781
00:36:42,520 --> 00:36:44,719
Speaker 2: who's getting more pushed back allegedly on what she has

782
00:36:44,719 --> 00:36:46,399
Speaker 2: to do with guns. Anyway, I'll cover all this off

783
00:36:46,400 --> 00:36:48,360
Speaker 2: with the Prime Minister. Shortly fourteen past.

784
00:36:49,600 --> 00:36:54,200
Speaker 1: The Asking Breakfast Full Show Podcast on iHeartRadio powered by

785
00:36:54,239 --> 00:36:55,040
Speaker 1: News Talk, said be.

786
00:36:55,360 --> 00:36:56,839
Speaker 2: And then look forward to the catch up after eight

787
00:36:56,840 --> 00:36:59,360
Speaker 2: o'clock this morning. Mike, it's alarming the law society is

788
00:36:59,400 --> 00:37:01,360
Speaker 2: more concerned about gang houses than they are about the

789
00:37:01,360 --> 00:37:03,680
Speaker 2: rest of New Zealand. I don't know that that's necessarily true.

790
00:37:03,680 --> 00:37:06,440
Speaker 2: I'm sure they just wanted their say on the application

791
00:37:06,600 --> 00:37:08,759
Speaker 2: and the workability of what the government we're trying to do.

792
00:37:09,080 --> 00:37:11,879
Speaker 2: Mike is a senior lawyer and lawyer I can tell

793
00:37:11,920 --> 00:37:14,479
Speaker 2: you that some official from the Law Society expressing views

794
00:37:14,480 --> 00:37:16,719
Speaker 2: on the gang patche law absolutely does not speak for

795
00:37:16,760 --> 00:37:20,280
Speaker 2: the profession. Mike, methinks this banning gang patches and houses

796
00:37:20,320 --> 00:37:23,000
Speaker 2: isn't going to work well, Thank you, Chris. It aggravates

797
00:37:23,000 --> 00:37:25,200
Speaker 2: to me, Mike that people aren't given respect to Seymour.

798
00:37:25,719 --> 00:37:27,839
Speaker 2: There is a large cohort of silent New Zealanders who

799
00:37:27,880 --> 00:37:29,600
Speaker 2: feel they don't have a place in their country four

800
00:37:29,680 --> 00:37:33,400
Speaker 2: or five generations on. I tend to agree with you,

801
00:37:33,480 --> 00:37:35,080
Speaker 2: but I sort of walk a fine line on this.

802
00:37:35,239 --> 00:37:37,399
Speaker 2: I mean, the problem is if you're dealing with practicalities,

803
00:37:37,440 --> 00:37:39,520
Speaker 2: here's the issue. This thing was always going to die

804
00:37:39,520 --> 00:37:42,120
Speaker 2: a death when your two major parties three party government.

805
00:37:42,160 --> 00:37:44,040
Speaker 2: Two of them don't even support this thing past the

806
00:37:44,080 --> 00:37:47,360
Speaker 2: first reading, so it will die a death. Seymour was

807
00:37:47,400 --> 00:37:50,840
Speaker 2: he naive to insist it's in the coalition agreement, thinking

808
00:37:50,920 --> 00:37:53,759
Speaker 2: he somehow, when presenting us with the evidence, we'd all

809
00:37:53,800 --> 00:37:57,160
Speaker 2: suddenly go, oh, my lord, this makes sense after all.

810
00:37:57,400 --> 00:37:59,480
Speaker 2: So we'll put pressure on the National Party in New

811
00:37:59,560 --> 00:38:02,000
Speaker 2: Zealand form and they too then will change their minds

812
00:38:02,080 --> 00:38:05,000
Speaker 2: and kumbaya. I don't think that was ever realistically going

813
00:38:05,040 --> 00:38:08,080
Speaker 2: to happen. Does it go back to Luxon in agreeing

814
00:38:08,120 --> 00:38:09,640
Speaker 2: to it, or did he sit there and go, look,

815
00:38:09,640 --> 00:38:11,120
Speaker 2: I'm trying to get this thing across the line and

816
00:38:11,120 --> 00:38:13,360
Speaker 2: get into government. If this is what you really want, David,

817
00:38:13,400 --> 00:38:15,799
Speaker 2: go for it, but we can't support you. I just

818
00:38:15,920 --> 00:38:19,759
Speaker 2: asked that question because yesterday he was getting increasingly frustrated

819
00:38:20,360 --> 00:38:23,560
Speaker 2: with the media asking the same questions and he can't

820
00:38:23,600 --> 00:38:25,840
Speaker 2: answer them because he doesn't like it and he doesn't

821
00:38:25,880 --> 00:38:28,279
Speaker 2: want to talk about it. But then I come back

822
00:38:28,320 --> 00:38:31,160
Speaker 2: to what I would argue is probably the libertarian view

823
00:38:31,200 --> 00:38:34,400
Speaker 2: of this. Why are we afraid of a debate? I mean,

824
00:38:34,440 --> 00:38:36,320
Speaker 2: even if it doesn't go anywhere, and even if you

825
00:38:36,360 --> 00:38:38,080
Speaker 2: don't agree with it, why are were And this goes

826
00:38:38,120 --> 00:38:40,080
Speaker 2: back to what I'm saying yesterday about the church leaders.

827
00:38:40,560 --> 00:38:43,000
Speaker 2: There's too many people in this country who think because

828
00:38:43,080 --> 00:38:46,279
Speaker 2: they have a view, that's the only view and it's

829
00:38:46,320 --> 00:38:48,640
Speaker 2: the only view worth having. And if you don't hold

830
00:38:48,640 --> 00:38:51,160
Speaker 2: that view, then you don't deserve a view. And we'll

831
00:38:51,200 --> 00:38:53,200
Speaker 2: just close it down here and now it's the weirdest

832
00:38:53,160 --> 00:38:54,680
Speaker 2: whole thing. But anyway, more on that than just a

833
00:38:54,719 --> 00:38:56,680
Speaker 2: couple of moments. And here's what the Prime Minister did

834
00:38:56,719 --> 00:39:00,799
Speaker 2: start with yesterday, and not a single question was asked.

835
00:39:01,120 --> 00:39:04,080
Speaker 2: He talked about coming back from overseas, how it's important

836
00:39:04,120 --> 00:39:06,000
Speaker 2: to get out in the world. How are our economies

837
00:39:06,040 --> 00:39:08,719
Speaker 2: in a mess, and we need to get foreign investment

838
00:39:08,800 --> 00:39:12,719
Speaker 2: and our current account is catastrophically bad. In fact, we

839
00:39:12,760 --> 00:39:14,959
Speaker 2: featured this on the program last week while he was away.

840
00:39:15,200 --> 00:39:17,120
Speaker 2: It's one of the worst in the entire world, if

841
00:39:17,120 --> 00:39:18,920
Speaker 2: not the worst in the world. So he raised that

842
00:39:18,920 --> 00:39:20,960
Speaker 2: as an issue yesterday. No journalist in the room was

843
00:39:21,000 --> 00:39:23,799
Speaker 2: awaken enough to ask questions about it. One of the

844
00:39:23,840 --> 00:39:26,160
Speaker 2: part of that report yesterday last week from S and P,

845
00:39:26,640 --> 00:39:29,240
Speaker 2: also in bold councils and council's debt, it is crippling

846
00:39:29,520 --> 00:39:31,719
Speaker 2: and yesterday as a result of that report, guess who

847
00:39:31,719 --> 00:39:35,440
Speaker 2: got downgraded A couple of councils. Wellington City Council's gone

848
00:39:36,000 --> 00:39:38,800
Speaker 2: to double A from double A plus and Hamilton Council's

849
00:39:38,800 --> 00:39:41,160
Speaker 2: gone from A plus to double A minus. What does

850
00:39:41,160 --> 00:39:43,560
Speaker 2: that mean? It means their debt not only is crippling,

851
00:39:43,600 --> 00:39:46,200
Speaker 2: it becomes even more crippling because the cost of borrowing

852
00:39:46,239 --> 00:39:48,560
Speaker 2: money gets more and more expensive. They don't have any

853
00:39:48,600 --> 00:39:51,400
Speaker 2: money because they borrowed too much. And we're sinking like

854
00:39:51,440 --> 00:39:53,359
Speaker 2: a stone in this country and nobody seems to care

855
00:39:53,400 --> 00:39:56,360
Speaker 2: about any of this, and we are being downgraded in

856
00:39:56,400 --> 00:39:58,200
Speaker 2: front of our eyes while we watch. He's trying to

857
00:39:58,239 --> 00:40:01,680
Speaker 2: alert us to this subject, but no one seems to care.

858
00:40:01,760 --> 00:40:03,560
Speaker 2: But we do, and we'll raise it with them. In

859
00:40:03,600 --> 00:40:05,080
Speaker 2: about fifteen minutes seven.

860
00:40:07,160 --> 00:40:11,799
Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio Call

861
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862
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863
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865
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866
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867
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869
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870
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886
00:41:24,120 --> 00:41:28,319
Speaker 2: Pasking I wonder as I mentioned Tomama Degards, I watched

887
00:41:28,320 --> 00:41:30,200
Speaker 2: the Prime Minister. It's seven twenty three, by the way,

888
00:41:30,440 --> 00:41:32,120
Speaker 2: as I watched the Prime Minister as I do post

889
00:41:32,120 --> 00:41:35,160
Speaker 2: Cabinet each Monday, whether he regrets ever entertaining this Act

890
00:41:35,360 --> 00:41:37,680
Speaker 2: Treaty Principle's Bill, because every time he talks about it

891
00:41:38,080 --> 00:41:39,960
Speaker 2: he dances on the head of a pennant. We suggested

892
00:41:39,960 --> 00:41:43,320
Speaker 2: that the draft bill was headed to Cabinet for discussion yesterday,

893
00:41:43,920 --> 00:41:45,640
Speaker 2: so a little bit of frothing at the mouth from

894
00:41:45,680 --> 00:41:48,279
Speaker 2: the media as they fired off question after question as

895
00:41:48,280 --> 00:41:50,479
Speaker 2: to where this thing might be heading. Where it is heading,

896
00:41:50,480 --> 00:41:53,120
Speaker 2: by the ways, to a first reading, then to Select Committee,

897
00:41:53,440 --> 00:41:56,040
Speaker 2: and if David Seymour can't turner the tide at that point,

898
00:41:56,080 --> 00:41:59,799
Speaker 2: it will die for something that most likely won't see

899
00:41:59,800 --> 00:42:02,160
Speaker 2: its conclusion. We have spent an awful lot of time

900
00:42:02,200 --> 00:42:04,439
Speaker 2: and energy angsting over it. It's been a long time,

901
00:42:04,480 --> 00:42:07,360
Speaker 2: if ever, in fact, that we've waxed and waned and

902
00:42:07,400 --> 00:42:10,560
Speaker 2: twisted and bent ourselves into a knot over something that's

903
00:42:10,560 --> 00:42:12,960
Speaker 2: basically just a debate and exchange of ideas driven by

904
00:42:12,960 --> 00:42:15,359
Speaker 2: the concept that being equal based on race is something

905
00:42:15,360 --> 00:42:17,839
Speaker 2: we should aspire to. To show you how mad it's

906
00:42:17,840 --> 00:42:20,399
Speaker 2: all got. The Prime Minister was able to bat away

907
00:42:20,440 --> 00:42:22,799
Speaker 2: virtually all questions by simply stating he doesn't talk about

908
00:42:22,840 --> 00:42:25,680
Speaker 2: what happens in cabinet. But then he said I think

909
00:42:25,760 --> 00:42:28,319
Speaker 2: mistakenly that he hadn't actually seen a copy of the

910
00:42:28,360 --> 00:42:31,560
Speaker 2: draft bill, meaning I assume if he hasn't seen a draft,

911
00:42:31,719 --> 00:42:34,279
Speaker 2: it can't really been talked about a cabinet, or can it.

912
00:42:34,680 --> 00:42:37,399
Speaker 2: Someone then asked whether there actually was a draft bill

913
00:42:37,440 --> 00:42:39,600
Speaker 2: at all, at which point I think he'd worked out

914
00:42:40,080 --> 00:42:42,560
Speaker 2: his error and returned to talking about things that may

915
00:42:42,719 --> 00:42:44,680
Speaker 2: or may not have been talked about in cabinet and

916
00:42:44,719 --> 00:42:46,879
Speaker 2: how he doesn't talk about them outside cabinet, or indeed

917
00:42:46,880 --> 00:42:50,120
Speaker 2: whether anything to be talked about even existed. The sad

918
00:42:50,120 --> 00:42:52,319
Speaker 2: thing about all this is it shows we are not

919
00:42:52,440 --> 00:42:54,200
Speaker 2: really up to much by way of big debates in

920
00:42:54,239 --> 00:42:57,120
Speaker 2: this country. Big debates should not be feared. But when

921
00:42:57,160 --> 00:42:59,280
Speaker 2: you have a three party government with two parties seemingly

922
00:42:59,280 --> 00:43:01,600
Speaker 2: against an idea from the start, one in particular looking

923
00:43:01,600 --> 00:43:04,920
Speaker 2: increasingly anxious ie national, not to mention the wider panic

924
00:43:05,239 --> 00:43:08,520
Speaker 2: from the wide Tangy tribunal to the churches, it reaffirms

925
00:43:08,560 --> 00:43:11,520
Speaker 2: this is a country where bold thinking doesn't often find

926
00:43:11,600 --> 00:43:15,160
Speaker 2: a space to be aired. Pasking like we're drowning in

927
00:43:15,239 --> 00:43:18,600
Speaker 2: debt and Chippy is grandstanding about borrowing more and increasing

928
00:43:18,600 --> 00:43:20,640
Speaker 2: taxes to spend more. Go figure. It's what I try

929
00:43:20,680 --> 00:43:22,800
Speaker 2: to open the show with this morning. Mike Seymour is

930
00:43:22,800 --> 00:43:25,399
Speaker 2: putting it in existence. It will become an election non

931
00:43:25,400 --> 00:43:29,280
Speaker 2: negotiable in a couple of years, that's possible. Mike Seymour

932
00:43:29,400 --> 00:43:32,160
Speaker 2: is thinking ahead to the next election where national fail

933
00:43:32,239 --> 00:43:36,400
Speaker 2: to get back in. Really, Mike, I think the benefit

934
00:43:36,440 --> 00:43:39,280
Speaker 2: for David Seymour in the Principles will be a boost

935
00:43:39,280 --> 00:43:41,759
Speaker 2: to his support. I'll be interested to see that. I

936
00:43:41,880 --> 00:43:43,719
Speaker 2: don't know that this is one of those things that

937
00:43:43,800 --> 00:43:47,279
Speaker 2: moves the dial. My summation of what's going on is

938
00:43:47,280 --> 00:43:50,960
Speaker 2: that for a small group of New Zealanders are very small,

939
00:43:51,080 --> 00:43:54,000
Speaker 2: this is an exercisable type thing. For most of us,

940
00:43:54,000 --> 00:43:56,839
Speaker 2: we're is getting on with life and then we come

941
00:43:56,880 --> 00:43:58,480
Speaker 2: to people who don't want to go to work today

942
00:43:59,480 --> 00:44:03,600
Speaker 2: and walling selection comes from Woolworths and they're off the

943
00:44:03,680 --> 00:44:05,480
Speaker 2: job for a couple of hours between twelve and two.

944
00:44:05,560 --> 00:44:07,040
Speaker 2: So if you're going to do some shopping, if you're

945
00:44:07,040 --> 00:44:08,799
Speaker 2: looking to get do they do the click claques. Are

946
00:44:08,800 --> 00:44:10,400
Speaker 2: they the same people doing the click claques at the

947
00:44:10,400 --> 00:44:14,239
Speaker 2: moment the glass containers? Willworths Research department quickly is it

948
00:44:14,320 --> 00:44:15,760
Speaker 2: Warlworths and the glass containers?

949
00:44:16,360 --> 00:44:16,600
Speaker 12: Uh?

950
00:44:16,880 --> 00:44:18,400
Speaker 10: Isn't Isn't that a new war promotion?

951
00:44:18,520 --> 00:44:20,120
Speaker 2: Well, it could be, That's what I'm saying. I don't

952
00:44:20,120 --> 00:44:22,600
Speaker 2: know anyone. I'm saying. If you're collecting your glass contact

953
00:44:22,640 --> 00:44:25,640
Speaker 2: the Disney, the Disney collectibles, I think are they? Well,

954
00:44:25,680 --> 00:44:28,359
Speaker 2: if you're after your Disney collectibles at Woolworth twelve to two,

955
00:44:28,360 --> 00:44:30,000
Speaker 2: it's going to be no use to you today anyway.

956
00:44:30,040 --> 00:44:32,520
Speaker 2: The first union who are behind this, here's what they say.

957
00:44:33,600 --> 00:44:39,520
Speaker 2: Workers are excited and enthusiastic about taking part in the

958
00:44:39,520 --> 00:44:44,480
Speaker 2: brand's first ebb of supermarket walkout. Is that true? Do

959
00:44:44,520 --> 00:44:48,040
Speaker 2: you think do you think that people who aren't going

960
00:44:48,040 --> 00:44:54,680
Speaker 2: to work today are excited and enthusiastic about striking or

961
00:44:54,680 --> 00:44:57,400
Speaker 2: do you think they've made that up? The Prime Minister

962
00:44:57,440 --> 00:44:59,160
Speaker 2: for you in a couple of moments time and then

963
00:44:59,239 --> 00:45:00,680
Speaker 2: Rich a quest out of and then we're going to

964
00:45:00,760 --> 00:45:03,520
Speaker 2: cover the US, We'll cover the election, we'll cover China,

965
00:45:03,640 --> 00:45:06,000
Speaker 2: we'll cover Europe, and we might even do a little

966
00:45:06,000 --> 00:45:08,520
Speaker 2: bit of playing spot and given Richard as the aviation expert.

967
00:45:08,560 --> 00:45:11,240
Speaker 2: Of course, Richard quest after eight on the Mike Hosking Breakfast.

968
00:45:11,239 --> 00:45:12,920
Speaker 2: But the news is next.

969
00:45:17,800 --> 00:45:22,040
Speaker 1: Your trusted source for news and views, The Mic Hosking

970
00:45:22,080 --> 00:45:27,160
Speaker 1: Breakfast with Bailey's Real Estate, your local experts across residential, commercial,

971
00:45:27,239 --> 00:45:28,680
Speaker 1: and rural news togs d B.

972
00:45:30,920 --> 00:45:32,759
Speaker 2: Richard quest of seeing En back with us after eight

973
00:45:32,760 --> 00:45:35,120
Speaker 2: o'clock this morning, twenty three minutes away from a Tuesday

974
00:45:35,160 --> 00:45:38,719
Speaker 2: morning Prime Minister time. Good morning, Good morning, Mike, how

975
00:45:38,960 --> 00:45:40,759
Speaker 2: today very well? Indeed, I know what the great deal

976
00:45:40,800 --> 00:45:44,480
Speaker 2: of interest you started yesterday's little cabinet post cabinet talk

977
00:45:44,560 --> 00:45:47,520
Speaker 2: with the current account, of course, in which came exactly

978
00:45:47,560 --> 00:45:51,719
Speaker 2: no questions. And then yesterday two councils got downgraded by

979
00:45:51,880 --> 00:45:54,839
Speaker 2: S and P. Why don't we seem to take the

980
00:45:54,880 --> 00:45:57,480
Speaker 2: plight we're in more seriously than we do?

981
00:45:58,840 --> 00:46:00,960
Speaker 16: Oh, we should be, And it's what I'm focused on.

982
00:46:01,120 --> 00:46:03,160
Speaker 16: I'm telling you we've got a lot of potential in

983
00:46:03,200 --> 00:46:04,960
Speaker 16: the joint, but we've got to realize it. And at

984
00:46:05,000 --> 00:46:07,560
Speaker 16: the moment, the last lot, frankly drove the car into

985
00:46:07,600 --> 00:46:09,000
Speaker 16: the ditch, and we've got to get ours. And that's

986
00:46:09,040 --> 00:46:11,440
Speaker 16: what we're doing, and you know, we're cleaning up the

987
00:46:11,440 --> 00:46:13,560
Speaker 16: finances first and foremost, but then we're getting onto the

988
00:46:13,560 --> 00:46:16,000
Speaker 16: growth plan because the only way yourself had a recession

989
00:46:16,000 --> 00:46:17,920
Speaker 16: and frankly set the future up from New Zealand is

990
00:46:17,960 --> 00:46:21,040
Speaker 16: actually growth. And that means the education work that we're doing.

991
00:46:21,040 --> 00:46:24,120
Speaker 16: It means science technology, it means getting rid of red tape,

992
00:46:24,160 --> 00:46:27,080
Speaker 16: it means you can infrastructure in place. But it's those

993
00:46:27,080 --> 00:46:29,960
Speaker 16: international connections. And that's why I opened talking about the

994
00:46:29,960 --> 00:46:32,160
Speaker 16: trip I had to Malaysia and Career. We hadn't had

995
00:46:32,200 --> 00:46:34,840
Speaker 16: a prime minister there since twenty fifteen, and it turns

996
00:46:34,840 --> 00:46:36,840
Speaker 16: out by showing up, actually a lot of these countries

997
00:46:36,920 --> 00:46:38,959
Speaker 16: actually want to do business with New Zealand. They actually

998
00:46:39,040 --> 00:46:40,719
Speaker 16: want to invest in New Zealand, but no one's been

999
00:46:40,719 --> 00:46:43,680
Speaker 16: talking to them. So as a result, you know, we

1000
00:46:43,760 --> 00:46:47,480
Speaker 16: had some really good company you to never deals with

1001
00:46:47,560 --> 00:46:50,960
Speaker 16: their counterparts over there. But importantly, you know, both Malaysia

1002
00:46:51,000 --> 00:46:53,040
Speaker 16: and Career are open to investing in New Zealand on

1003
00:46:53,080 --> 00:46:56,000
Speaker 16: things like public infrastructure and partnering with private companies, which

1004
00:46:56,000 --> 00:46:58,560
Speaker 16: gives us the capital, the knowledge, transfer, the things to

1005
00:46:58,640 --> 00:46:59,240
Speaker 16: keep killing.

1006
00:46:59,080 --> 00:47:01,360
Speaker 2: This movie forward and more so we will see.

1007
00:47:01,280 --> 00:47:02,719
Speaker 16: At a place. Then we're going to sfort more cancer

1008
00:47:02,760 --> 00:47:03,839
Speaker 16: drugs exactly, so.

1009
00:47:03,880 --> 00:47:06,160
Speaker 2: We will see tangibles out of your trip.

1010
00:47:07,320 --> 00:47:10,040
Speaker 16: Yeah, so it was interesting Like Malaysia again, pros hadn't

1011
00:47:10,040 --> 00:47:11,759
Speaker 16: been there since twenty fifteen. I think Key was the

1012
00:47:11,800 --> 00:47:15,279
Speaker 16: last one, and we agreed to review our FTA. We

1013
00:47:15,640 --> 00:47:18,720
Speaker 16: have a major problem in Malaysia getting red meat into Malaysia,

1014
00:47:18,840 --> 00:47:20,879
Speaker 16: and I said to the prominise, so, look, we've got

1015
00:47:20,880 --> 00:47:22,520
Speaker 16: to get this sorted in two months. When I see

1016
00:47:22,520 --> 00:47:23,960
Speaker 16: you at the end of the year, let's make sure

1017
00:47:23,960 --> 00:47:25,399
Speaker 16: we've got that done so we can get our red

1018
00:47:25,440 --> 00:47:27,680
Speaker 16: meat in to market here in Malaysia. We send allow

1019
00:47:27,800 --> 00:47:29,680
Speaker 16: meat to Indonesia, in to the Middle East. It's no

1020
00:47:29,719 --> 00:47:31,280
Speaker 16: reason we can't do it here. But you've got problems

1021
00:47:31,320 --> 00:47:34,080
Speaker 16: on your end with the bureaucracy. Let's get that sorted.

1022
00:47:34,480 --> 00:47:37,520
Speaker 16: And then when President you in Korea, immediately we lifted

1023
00:47:37,560 --> 00:47:40,120
Speaker 16: exports around blueberries from New Zealand and also there was

1024
00:47:40,200 --> 00:47:42,120
Speaker 16: five different types of dairy products we wanted to get

1025
00:47:42,160 --> 00:47:43,680
Speaker 16: into Korea. So we were able to do that. And

1026
00:47:43,719 --> 00:47:45,880
Speaker 16: as I said, we've agreed to up next year to

1027
00:47:46,000 --> 00:47:49,799
Speaker 16: upgrade our relationship with a comprehensive strategic partnership. So what

1028
00:47:49,920 --> 00:47:52,200
Speaker 16: was interesting, like is every country I go to, I

1029
00:47:52,280 --> 00:47:54,680
Speaker 16: spend an hour or two hours having a lunch with

1030
00:47:54,800 --> 00:47:58,160
Speaker 16: big investors. And it's not just wealthy individuals with a

1031
00:47:58,160 --> 00:48:00,719
Speaker 16: couple of hundred million dollars. It's actually funds that are

1032
00:48:00,719 --> 00:48:03,400
Speaker 16: worth billions of dollars. So they sit in Korea and

1033
00:48:03,440 --> 00:48:05,360
Speaker 16: one of their five pension funds that I spoke to

1034
00:48:05,400 --> 00:48:08,040
Speaker 16: over one of these dinners has two hundred and fifty

1035
00:48:08,040 --> 00:48:11,120
Speaker 16: billion uvest dollars to invest and they would love to

1036
00:48:11,160 --> 00:48:13,600
Speaker 16: invest in a four lane highway from Aukland to Fire

1037
00:48:13,760 --> 00:48:16,839
Speaker 16: but they just don't know about it. And I'm open

1038
00:48:16,880 --> 00:48:18,759
Speaker 16: to taking their money so I can get the infrastructure

1039
00:48:18,760 --> 00:48:21,719
Speaker 16: bealt quicker. And they want to give us money, but

1040
00:48:21,800 --> 00:48:24,279
Speaker 16: we've now got to do these connections that actually gets

1041
00:48:24,320 --> 00:48:27,319
Speaker 16: the money moving to New Zealand. So you know, that's

1042
00:48:28,120 --> 00:48:30,840
Speaker 16: very much my takeaway messages that I had consistently with

1043
00:48:30,960 --> 00:48:34,760
Speaker 16: us in Singapore, Japan. You know, you know, big investors

1044
00:48:34,760 --> 00:48:36,960
Speaker 16: wanting to invest in New Zealand as part of attracting investment.

1045
00:48:37,080 --> 00:48:39,560
Speaker 16: And the reason is we out amongst the worst in

1046
00:48:39,640 --> 00:48:43,200
Speaker 16: the OECD now attracting capital to New Zealand. And that's

1047
00:48:43,239 --> 00:48:45,879
Speaker 16: why fast track matters, That's why funding and financing through

1048
00:48:45,880 --> 00:48:48,160
Speaker 16: the national Infrastructure as the matters. That's why thirty year

1049
00:48:48,640 --> 00:48:51,479
Speaker 16: pipeline of proper defined projects, not sort of posted Night's

1050
00:48:51,560 --> 00:48:53,799
Speaker 16: ideas kind of matters a right.

1051
00:48:53,920 --> 00:48:56,680
Speaker 2: So speaking of what there's quite a bit of reported

1052
00:48:56,800 --> 00:48:58,680
Speaker 2: to this going on in Australia. It's got to do

1053
00:48:58,719 --> 00:49:00,920
Speaker 2: with ORCHEST. But Jake Sullivan, who out of the White House,

1054
00:49:01,880 --> 00:49:04,040
Speaker 2: do you're looking to deal with Australia at the moment.

1055
00:49:04,040 --> 00:49:05,799
Speaker 2: The US is looking to deal with Australia at the

1056
00:49:05,800 --> 00:49:08,680
Speaker 2: moment to counteract Chinese dominance in this particular part of

1057
00:49:08,680 --> 00:49:12,320
Speaker 2: the world, all sorts of trade ideas. Are you part

1058
00:49:12,320 --> 00:49:14,680
Speaker 2: of that in any way, shape or form that discussion

1059
00:49:14,719 --> 00:49:15,879
Speaker 2: at the moment specifically or.

1060
00:49:15,840 --> 00:49:17,879
Speaker 16: Not not specifically?

1061
00:49:18,440 --> 00:49:20,160
Speaker 2: But we do you know what I'm talking about? Or

1062
00:49:20,200 --> 00:49:21,120
Speaker 2: is this just all to do?

1063
00:49:22,600 --> 00:49:25,200
Speaker 16: I read the Jack Slomn article from the US yesterday

1064
00:49:26,160 --> 00:49:28,000
Speaker 16: and what I just say is, look, you know, we're,

1065
00:49:28,160 --> 00:49:31,000
Speaker 16: as you know, exploring ORCHEST Pillar two and will continue

1066
00:49:31,040 --> 00:49:33,239
Speaker 16: to do that. We are with respect to the US

1067
00:49:33,320 --> 00:49:38,400
Speaker 16: pied up with ip which is their sort of economic

1068
00:49:38,440 --> 00:49:43,680
Speaker 16: sort of activity around security, more around trade, around supply chains,

1069
00:49:43,960 --> 00:49:47,400
Speaker 16: technology transfers, all of those things in those conversations, and

1070
00:49:47,440 --> 00:49:49,040
Speaker 16: obviously when I was in DC, I met with a

1071
00:49:49,120 --> 00:49:53,000
Speaker 16: number of officials and even again Perfume, I met up with

1072
00:49:53,080 --> 00:49:56,080
Speaker 16: Kurt Campbell, who is from the State Department that is

1073
00:49:56,960 --> 00:50:00,759
Speaker 16: driving Asia Pacific and inpecific strategies as well. So look,

1074
00:50:00,800 --> 00:50:02,759
Speaker 16: I mean what was interesting is I went out to

1075
00:50:02,800 --> 00:50:06,040
Speaker 16: the DMZ, which is the border with North Korea South Korea,

1076
00:50:06,480 --> 00:50:08,200
Speaker 16: and you know that war never came to an end.

1077
00:50:08,239 --> 00:50:10,600
Speaker 16: It's just a permanent ceasefire for the last seventy years.

1078
00:50:11,040 --> 00:50:12,800
Speaker 16: As it's there, you know, balloons are going up in

1079
00:50:12,840 --> 00:50:15,520
Speaker 16: the flying trash over us. But yes, we've got New

1080
00:50:15,600 --> 00:50:19,400
Speaker 16: Zealand personnel which I've tripled into the peninsula. Because what

1081
00:50:19,640 --> 00:50:23,320
Speaker 16: strikes you is man because the piece has been achieved

1082
00:50:23,320 --> 00:50:26,120
Speaker 16: through a ceasefire, a bit difficult at times. That has

1083
00:50:26,239 --> 00:50:29,360
Speaker 16: enabled huge prosperity for South Korea to become the fourteenth

1084
00:50:29,440 --> 00:50:32,560
Speaker 16: largest economy in the world, our six biggest trading partner

1085
00:50:32,640 --> 00:50:34,719
Speaker 16: that's created wealth and opportunity for New Zealand is back

1086
00:50:34,719 --> 00:50:37,480
Speaker 16: here at home. So that's why I keep saying security

1087
00:50:37,680 --> 00:50:40,799
Speaker 16: is very anextricably linked economic prosperity, and the two things

1088
00:50:40,800 --> 00:50:44,480
Speaker 16: go together, and you know you can also on that Ponancia.

1089
00:50:44,560 --> 00:50:47,680
Speaker 16: What was interesting is North Korea is sending ammunition to

1090
00:50:47,760 --> 00:50:50,560
Speaker 16: Russia to be used in Ukraine, and so we've doubled

1091
00:50:50,560 --> 00:50:53,640
Speaker 16: our efforts on surveillance to make sure you in sanctions

1092
00:50:53,680 --> 00:50:56,799
Speaker 16: are being monitored, working with ten other countries up there

1093
00:50:56,840 --> 00:50:57,239
Speaker 16: as well.

1094
00:50:57,320 --> 00:51:00,360
Speaker 12: So you know, that's why curity.

1095
00:51:00,400 --> 00:51:02,600
Speaker 16: If you don't have security, as we've seen in Ukraine, yep,

1096
00:51:02,640 --> 00:51:05,000
Speaker 16: that cause is economic pain and suffering Western Europe around

1097
00:51:05,040 --> 00:51:07,560
Speaker 16: the developed world with green prices. So these two things

1098
00:51:07,600 --> 00:51:09,200
Speaker 16: go together, and that's what I'm trying to get people

1099
00:51:09,239 --> 00:51:09,880
Speaker 16: to understand.

1100
00:51:10,000 --> 00:51:12,080
Speaker 2: Okay, So there seems to be considered pushed by the

1101
00:51:12,080 --> 00:51:14,560
Speaker 2: Biden White House to do something before jan twenty in

1102
00:51:14,600 --> 00:51:17,920
Speaker 2: their administration ends. Is it possible between now and then,

1103
00:51:17,960 --> 00:51:19,640
Speaker 2: which is not far away, given we're in the middle

1104
00:51:19,680 --> 00:51:21,839
Speaker 2: of September, that we will see something with aucas two

1105
00:51:21,920 --> 00:51:22,720
Speaker 2: and this country.

1106
00:51:23,600 --> 00:51:24,319
Speaker 16: No, No.

1107
00:51:24,400 --> 00:51:24,920
Speaker 12: I think.

1108
00:51:26,239 --> 00:51:28,680
Speaker 16: The conversations that officials have been having are pretty you

1109
00:51:28,680 --> 00:51:31,279
Speaker 16: know that they're still pretty unclear the three countries. I

1110
00:51:31,320 --> 00:51:33,759
Speaker 16: think about what the two is actually about. I think

1111
00:51:33,760 --> 00:51:37,160
Speaker 16: that's what Jake Sullivan was alluding to, and I think

1112
00:51:38,000 --> 00:51:39,719
Speaker 16: we'll continue to make progress, but we can only move

1113
00:51:39,719 --> 00:51:41,560
Speaker 16: at the pace that they want to engage with or

1114
00:51:41,600 --> 00:51:42,280
Speaker 16: able to engage.

1115
00:51:42,280 --> 00:51:42,640
Speaker 13: As well.

1116
00:51:43,160 --> 00:51:46,080
Speaker 2: That thing yesterday where you were back and forward about

1117
00:51:46,080 --> 00:51:48,160
Speaker 2: stuff you talk about in the cabinet and don't and

1118
00:51:48,360 --> 00:51:50,120
Speaker 2: things you might have seen or might not have seen.

1119
00:51:50,200 --> 00:51:54,000
Speaker 2: Do you regret at any point allowing Seymour to be

1120
00:51:54,080 --> 00:51:56,719
Speaker 2: part of the coalition in terms of this Treaty Principles bill,

1121
00:51:56,760 --> 00:52:00,000
Speaker 2: which for you anyway seems almost now embarrassing.

1122
00:52:01,160 --> 00:52:04,239
Speaker 16: Well, it's not. I'm actually quite relaxed and calm about it.

1123
00:52:04,320 --> 00:52:06,640
Speaker 16: I mean, I've been consistent before the election and since

1124
00:52:06,680 --> 00:52:07,800
Speaker 16: the coalition.

1125
00:52:07,600 --> 00:52:08,280
Speaker 12: Was put together.

1126
00:52:09,600 --> 00:52:11,480
Speaker 16: I sort of have a different view on it, which is, Look,

1127
00:52:11,719 --> 00:52:14,120
Speaker 16: Manuella is rightly or wrong. They chose MMP. They've done

1128
00:52:14,160 --> 00:52:16,759
Speaker 16: it several times. That's the electoral system were dealt with, right.

1129
00:52:17,200 --> 00:52:19,440
Speaker 16: That's the same as Western Europe now, whether I'm in Germany,

1130
00:52:19,520 --> 00:52:21,399
Speaker 16: whether I'm in Netherlands, at the same deal they put

1131
00:52:21,440 --> 00:52:24,080
Speaker 16: four or five six party coalitions together and stuff these

1132
00:52:24,160 --> 00:52:26,880
Speaker 16: days around in Western Europe we've put a three party

1133
00:52:26,920 --> 00:52:30,240
Speaker 16: coalition together. We're united on the core. That's the economic staff,

1134
00:52:30,239 --> 00:52:32,960
Speaker 16: the law and all the staff, the public services things. Yes,

1135
00:52:32,960 --> 00:52:34,960
Speaker 16: we have differences on an issue like this and we

1136
00:52:35,040 --> 00:52:37,000
Speaker 16: find a compromise. That's what we're expected to do in

1137
00:52:37,000 --> 00:52:37,600
Speaker 16: an MP.

1138
00:52:39,719 --> 00:52:42,600
Speaker 2: About it. But look at what you went through yesterday.

1139
00:52:42,640 --> 00:52:44,319
Speaker 2: Just look at what you went through yesterday. That's all

1140
00:52:44,360 --> 00:52:46,239
Speaker 2: we seem to be able to be talking about in

1141
00:52:46,239 --> 00:52:48,360
Speaker 2: this country while I'm trying to raise this morning is

1142
00:52:48,400 --> 00:52:51,600
Speaker 2: some big picture stuff that's actually quite important. But you're

1143
00:52:51,640 --> 00:52:53,680
Speaker 2: bogged down and going what did David saying? Do you

1144
00:52:53,719 --> 00:52:56,320
Speaker 2: see this? And so that? Stuff you could have avoided

1145
00:52:56,640 --> 00:52:58,160
Speaker 2: if you didn't get bogged down in the first place.

1146
00:52:59,080 --> 00:53:01,759
Speaker 16: Well, not to get bogged down. I'm pretty clear about

1147
00:53:01,760 --> 00:53:04,560
Speaker 16: just restating our position. It gets pretty tiring because you know,

1148
00:53:04,560 --> 00:53:06,319
Speaker 16: you just saying the same thing over and over again

1149
00:53:06,360 --> 00:53:09,080
Speaker 16: because the position is pretty clear. But to be honest,

1150
00:53:09,120 --> 00:53:11,040
Speaker 16: I'm focused on how do I rebuild the economy, get

1151
00:53:11,040 --> 00:53:12,920
Speaker 16: it growing, how do I fix law and order, and

1152
00:53:12,960 --> 00:53:15,520
Speaker 16: how to health and education? And those are things, frankly,

1153
00:53:15,520 --> 00:53:17,600
Speaker 16: whether you're Maori or non Maori, that you actually want

1154
00:53:17,600 --> 00:53:20,399
Speaker 16: fixed and sorted in this country. So you know, look,

1155
00:53:20,400 --> 00:53:22,680
Speaker 16: I appreciate the press gallery here and Wellington. You can

1156
00:53:22,719 --> 00:53:25,120
Speaker 16: obsess on that and others will have different views on it.

1157
00:53:25,160 --> 00:53:26,800
Speaker 16: Across the country, and they are entitled to do so

1158
00:53:26,960 --> 00:53:29,600
Speaker 16: a liberal democracy. But I know what I'm what I

1159
00:53:29,640 --> 00:53:32,120
Speaker 16: stand for in that position, and we've got a compromise.

1160
00:53:32,680 --> 00:53:34,480
Speaker 16: David and act didn't get what they wanted. I didn't

1161
00:53:34,520 --> 00:53:37,000
Speaker 16: get what I wanted. But where when I need MP

1162
00:53:37,160 --> 00:53:39,319
Speaker 16: It's a coalition. The positions what it is. I mean,

1163
00:53:39,880 --> 00:53:42,600
Speaker 16: people want to put boys to it, but I'm pretty

1164
00:53:42,600 --> 00:53:43,080
Speaker 16: clear about it.

1165
00:53:43,200 --> 00:53:45,880
Speaker 2: Okay, speaking of Mari, have you got some sort of

1166
00:53:46,120 --> 00:53:48,840
Speaker 2: is there some sort of conspiracy or subterfuge going on

1167
00:53:48,880 --> 00:53:51,160
Speaker 2: in the public service in this country? So the Hawk's

1168
00:53:51,160 --> 00:53:54,480
Speaker 2: Bay Health run a program for Mari youth and you're

1169
00:53:54,520 --> 00:53:56,640
Speaker 2: at the front of the queue with you Mari. Ritty

1170
00:53:56,719 --> 00:53:59,440
Speaker 2: intervenes yesterday and says, that's not the way we do it.

1171
00:53:59,560 --> 00:54:02,759
Speaker 2: Stop it now you go. I'm changing the rules on

1172
00:54:02,800 --> 00:54:04,960
Speaker 2: Malory seats and Murray wards at local levels. First thing

1173
00:54:05,000 --> 00:54:07,560
Speaker 2: that is, oh, we're going to ring a lawyer. Is

1174
00:54:07,600 --> 00:54:10,319
Speaker 2: there something going on within the public service of this

1175
00:54:10,400 --> 00:54:13,600
Speaker 2: country that is actively fighting against what you were trying

1176
00:54:13,600 --> 00:54:13,920
Speaker 2: to do?

1177
00:54:15,320 --> 00:54:16,960
Speaker 16: Well, I mean they've had to adjust to a new

1178
00:54:17,000 --> 00:54:19,839
Speaker 16: government that's got very clear direction and you know, as

1179
00:54:19,840 --> 00:54:20,120
Speaker 16: you know.

1180
00:54:20,080 --> 00:54:20,880
Speaker 12: I've got targets.

1181
00:54:20,880 --> 00:54:24,439
Speaker 16: I've got, you know, got quarterly action plans, We've got

1182
00:54:24,680 --> 00:54:27,960
Speaker 16: six monthly reviews for ministers. We're running things very differently,

1183
00:54:28,040 --> 00:54:29,640
Speaker 16: right and so it is a change. But I'd have

1184
00:54:29,680 --> 00:54:31,960
Speaker 16: to say the public services increasingly getting on board with

1185
00:54:31,960 --> 00:54:35,120
Speaker 16: what we're trying to do. My conversations with those ces

1186
00:54:35,160 --> 00:54:37,400
Speaker 16: and the ministers when they come into my office regularly

1187
00:54:37,719 --> 00:54:40,399
Speaker 16: to talk about you know, tonight will be health. I've

1188
00:54:40,400 --> 00:54:42,319
Speaker 16: got monitoring. I'd lest the Levy in the room, I

1189
00:54:42,360 --> 00:54:45,960
Speaker 16: have Shane Resty in the room, Doucy others and we

1190
00:54:46,000 --> 00:54:47,799
Speaker 16: talk about those issues. So look, I think they are

1191
00:54:47,800 --> 00:54:50,640
Speaker 16: getting on board. But that was particular sort of felt

1192
00:54:50,680 --> 00:54:53,160
Speaker 16: like quite a rogue decision, which was in Shane ready

1193
00:54:53,200 --> 00:54:54,960
Speaker 16: good on and we got on immediately. Spoke to the

1194
00:54:54,960 --> 00:54:57,240
Speaker 16: Health Misauan officials and the enough confirm that they've substately

1195
00:54:57,320 --> 00:54:59,880
Speaker 16: changed that policy. But you know, we believe that you

1196
00:55:00,080 --> 00:55:03,960
Speaker 16: target healthcare based on needs, not ethnicity, and so you

1197
00:55:04,000 --> 00:55:07,600
Speaker 16: know that's a fundamental principle and that's the way it

1198
00:55:07,640 --> 00:55:10,839
Speaker 16: should be. So yeah, I'm not sure why they had

1199
00:55:10,880 --> 00:55:13,640
Speaker 16: that criteria or had that changed their criteria.

1200
00:55:14,320 --> 00:55:14,880
Speaker 12: GPS.

1201
00:55:14,920 --> 00:55:18,120
Speaker 2: My question the law simple, you run the country like

1202
00:55:18,160 --> 00:55:20,839
Speaker 2: it or not you run the country. Is somebody there

1203
00:55:20,880 --> 00:55:21,920
Speaker 2: going that stun you?

1204
00:55:23,480 --> 00:55:25,040
Speaker 16: Well, I don't know.

1205
00:55:26,000 --> 00:55:30,880
Speaker 2: Explain it, well, you don't. Policy, it's very clear, and

1206
00:55:30,960 --> 00:55:31,319
Speaker 2: yet they.

1207
00:55:31,280 --> 00:55:34,279
Speaker 16: Are correct, and that's why we make it very clear.

1208
00:55:34,520 --> 00:55:36,600
Speaker 16: We made it clear I thought an opposition and in

1209
00:55:36,600 --> 00:55:38,480
Speaker 16: the election campaign and we've made it clear since we've

1210
00:55:38,520 --> 00:55:41,239
Speaker 16: come to government and where it doesn't happen. Good to

1211
00:55:41,239 --> 00:55:43,120
Speaker 16: see Shane really stepping up and sorting it out very

1212
00:55:43,200 --> 00:55:47,120
Speaker 16: quickly within a day. But but look the bottom line is, Mike, Yeah,

1213
00:55:47,200 --> 00:55:49,480
Speaker 16: I've got to get the You've got to get the

1214
00:55:49,480 --> 00:55:50,960
Speaker 16: country out of the ditch. We've got to get into

1215
00:55:50,960 --> 00:55:53,080
Speaker 16: first and second gear, into third and fourth and moving forward.

1216
00:55:53,760 --> 00:55:56,640
Speaker 16: And honestly, I'm focused on, to be honest, some other things,

1217
00:55:56,680 --> 00:55:58,799
Speaker 16: which is economy, law and order, health education, you know.

1218
00:55:58,920 --> 00:56:00,680
Speaker 15: So we'll do the team.

1219
00:56:00,760 --> 00:56:04,520
Speaker 2: Ye appreciate time. Prime Minister Christopher Luxen thirteen away from eight.

1220
00:56:06,120 --> 00:56:10,600
Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio powered

1221
00:56:10,640 --> 00:56:11,359
Speaker 1: by News Talks.

1222
00:56:11,400 --> 00:56:13,920
Speaker 2: It'd be We're its tenm andus away from it. Mike,

1223
00:56:14,520 --> 00:56:16,480
Speaker 2: why hasn't there been a poll on what people think

1224
00:56:16,480 --> 00:56:18,239
Speaker 2: about David Seymore's plannable? It has And I'll give you

1225
00:56:18,280 --> 00:56:20,279
Speaker 2: the numbers in a moment, Mike. I've got two kids

1226
00:56:20,280 --> 00:56:22,440
Speaker 2: who work part time at Woolworth. They won't be striking

1227
00:56:22,440 --> 00:56:24,720
Speaker 2: as they weren't union members and they think pay is fair.

1228
00:56:25,000 --> 00:56:27,880
Speaker 2: That's the other part I didn't get, and I finished

1229
00:56:27,880 --> 00:56:30,040
Speaker 2: the text difference as they expect to move to higher

1230
00:56:30,080 --> 00:56:32,840
Speaker 2: paying work through their own efforts when they finished school university.

1231
00:56:33,040 --> 00:56:35,719
Speaker 2: The part I didn't get to re Woolworth today and

1232
00:56:35,760 --> 00:56:39,120
Speaker 2: the union business about how everyone's poorly treated. Its shocking,

1233
00:56:39,160 --> 00:56:42,200
Speaker 2: et cetera, et cetera. The company had offered minimum wage

1234
00:56:42,200 --> 00:56:44,600
Speaker 2: increases below the rising household cost of living. I think

1235
00:56:44,600 --> 00:56:46,280
Speaker 2: we've got to get rid of that line now because

1236
00:56:46,280 --> 00:56:48,319
Speaker 2: inflation by and large is now under control. The days

1237
00:56:48,360 --> 00:56:51,080
Speaker 2: of six or seven percent of gone in their annual

1238
00:56:51,200 --> 00:56:53,319
Speaker 2: report last week, and it wasn't last week, it was

1239
00:56:53,320 --> 00:56:58,320
Speaker 2: the week before. They had wage increases of eighteen percent

1240
00:56:59,040 --> 00:57:03,880
Speaker 2: over two years, so nine well beyond the cost of living,

1241
00:57:04,120 --> 00:57:07,640
Speaker 2: even if it's worst nine percent a year. And yet

1242
00:57:07,680 --> 00:57:10,439
Speaker 2: now we are still complaining that the wages aren't enough,

1243
00:57:10,440 --> 00:57:13,000
Speaker 2: and we're still going on strike. And to quote the

1244
00:57:13,080 --> 00:57:17,920
Speaker 2: unions being excited and enthusiastic about taking part in the

1245
00:57:17,960 --> 00:57:21,479
Speaker 2: brand's first ever supermarket walkout. Now, as regards the poll,

1246
00:57:21,680 --> 00:57:23,640
Speaker 2: very interesting numbers. I'll give them to you in a moment.

1247
00:57:23,760 --> 00:57:27,920
Speaker 1: Nine to eight on my costume Breakfast with the Jaguar

1248
00:57:28,080 --> 00:57:29,600
Speaker 1: fbase News talks eNB.

1249
00:57:30,280 --> 00:57:34,640
Speaker 2: So the poll came out in October and the question

1250
00:57:34,840 --> 00:57:38,640
Speaker 2: is treaty principles do your support et cetera. Sixty percent

1251
00:57:39,920 --> 00:57:42,480
Speaker 2: say they would support the proposal if put to them

1252
00:57:42,520 --> 00:57:45,040
Speaker 2: in a referendum. It won't get to a referendum, of course,

1253
00:57:45,120 --> 00:57:48,360
Speaker 2: unless something miraculous happens for David Symol, but sixty percent

1254
00:57:48,520 --> 00:57:52,120
Speaker 2: would support it. Eighteen percent opposed the idea. The remaining

1255
00:57:52,120 --> 00:57:54,760
Speaker 2: twenty two percent say said at the time they weren't

1256
00:57:54,760 --> 00:57:56,600
Speaker 2: sure that number will have dropped by now seeing we've

1257
00:57:56,640 --> 00:57:58,080
Speaker 2: had a bit of a debate on it, but sixty

1258
00:57:58,080 --> 00:58:01,560
Speaker 2: percent that's what we'll have stoked or driven David Cymore

1259
00:58:01,600 --> 00:58:03,080
Speaker 2: on because he would have believed that he would have

1260
00:58:03,120 --> 00:58:05,600
Speaker 2: got the support of the support of the people. Now

1261
00:58:05,720 --> 00:58:09,120
Speaker 2: on the councils and their debt and the downgrading of

1262
00:58:09,120 --> 00:58:12,200
Speaker 2: Hamilton and Wellington yesterday by SMP. I did have some

1263
00:58:12,200 --> 00:58:14,040
Speaker 2: sympathy with a buller mare who's a guy called Jamie

1264
00:58:14,120 --> 00:58:16,200
Speaker 2: Klein who's been on the program before, a very likable

1265
00:58:16,240 --> 00:58:18,880
Speaker 2: guy dumping the nice to habs. And this is reaction

1266
00:58:18,960 --> 00:58:20,960
Speaker 2: to the Prime Minister's speech a couple of weeks ago

1267
00:58:21,000 --> 00:58:23,760
Speaker 2: to the local body where he said, basics, brilliantly, get

1268
00:58:23,800 --> 00:58:25,520
Speaker 2: on with it, do some burms, do some rubbish, do

1269
00:58:25,640 --> 00:58:28,800
Speaker 2: some libraries, and stop all the fancy stuff and putting

1270
00:58:28,800 --> 00:58:30,640
Speaker 2: your rates up left, right and center, all of which

1271
00:58:30,680 --> 00:58:32,400
Speaker 2: I agree with. But he comes back and he says, look,

1272
00:58:32,440 --> 00:58:34,480
Speaker 2: these are the things in small town New Zealand and

1273
00:58:34,480 --> 00:58:37,760
Speaker 2: Buller that sort of knit the community together. They're the

1274
00:58:37,840 --> 00:58:40,600
Speaker 2: life blood of the community. Elderly housing, park, sports grounds

1275
00:58:40,600 --> 00:58:43,240
Speaker 2: funding And he says, if you cobble together the cost

1276
00:58:43,280 --> 00:58:46,440
Speaker 2: of all of those things, it virtually kills off all

1277
00:58:46,440 --> 00:58:50,960
Speaker 2: our volunteers, all our community projects. Meantime, we've still got

1278
00:58:51,000 --> 00:58:54,400
Speaker 2: the eighty million dollar problem for the infrastructure, and in

1279
00:58:54,400 --> 00:58:56,919
Speaker 2: that I have an element of sympathy. Small councils around

1280
00:58:56,920 --> 00:58:59,800
Speaker 2: the country have a small rating base, but when it

1281
00:58:59,800 --> 00:59:02,680
Speaker 2: comes to infrastructure, the infrastructure problems. You know, a road

1282
00:59:02,760 --> 00:59:05,720
Speaker 2: is a road and it costs the same roughly in

1283
00:59:05,840 --> 00:59:08,040
Speaker 2: Buller as it does in Auckland, and you've got no

1284
00:59:08,120 --> 00:59:09,920
Speaker 2: rating base in Buller, but you do in Auckland. So

1285
00:59:10,120 --> 00:59:12,400
Speaker 2: the road doesn't get fixed because you don't have the money,

1286
00:59:12,400 --> 00:59:14,440
Speaker 2: because you don't have the rating base. So then you

1287
00:59:14,520 --> 00:59:17,000
Speaker 2: kill off all the so called nice to habs like

1288
00:59:17,080 --> 00:59:18,920
Speaker 2: your parks, like your sports grounds you're funding and you

1289
00:59:18,960 --> 00:59:21,600
Speaker 2: cobble together all the savings from that, which comparatively speaking,

1290
00:59:21,720 --> 00:59:24,400
Speaker 2: when it comes to infrastructures, next to nothing. So you

1291
00:59:24,400 --> 00:59:26,000
Speaker 2: haven't raised an your money, you've killed off all the

1292
00:59:26,000 --> 00:59:28,040
Speaker 2: community events, you haven't got the money for the infrastructure.

1293
00:59:28,040 --> 00:59:29,760
Speaker 2: What are you left with? And in that actually he

1294
00:59:29,840 --> 00:59:32,360
Speaker 2: makes a not unreasonable point, is my suspicion, which I

1295
00:59:32,400 --> 00:59:36,120
Speaker 2: assume the government would reply, well, that's where these these

1296
00:59:36,160 --> 00:59:38,240
Speaker 2: deals come in. And you can hook up with your

1297
00:59:38,280 --> 00:59:40,760
Speaker 2: local council and you hook up with central government will

1298
00:59:40,760 --> 00:59:43,000
Speaker 2: turn the tap on for some funding and we'll solve

1299
00:59:43,000 --> 00:59:46,440
Speaker 2: a few problems that way. Now, speaking of problems everything

1300
00:59:46,440 --> 00:59:50,800
Speaker 2: from America, the race to China to Europe aviation as well.

1301
00:59:51,080 --> 00:59:54,320
Speaker 2: Richard quest next setting the.

1302
00:59:54,320 --> 00:59:58,040
Speaker 1: News agenda and digging into the issues the Mic costing,

1303
00:59:58,080 --> 01:00:02,439
Speaker 1: Breakfast with Veda ret and Communities Life your Way news

1304
01:00:02,520 --> 01:00:03,080
Speaker 1: talk said, be.

1305
01:00:03,320 --> 01:00:05,680
Speaker 2: It is seven past days in a troubled and busy

1306
01:00:05,720 --> 01:00:08,200
Speaker 2: world with insights and valuable the courselves get about the

1307
01:00:08,200 --> 01:00:10,760
Speaker 2: place of states, to Europe, to China, to the war

1308
01:00:10,840 --> 01:00:12,640
Speaker 2: on a little bit of plain spotty. Maybe the book

1309
01:00:12,760 --> 01:00:15,800
Speaker 2: Richard Quist and Quist means business and Quist's World of

1310
01:00:15,800 --> 01:00:17,680
Speaker 2: Wonder on cn INN is with us from New York.

1311
01:00:17,760 --> 01:00:18,520
Speaker 2: Very good morning to.

1312
01:00:18,520 --> 01:00:21,240
Speaker 3: You, are they Good morning? Your good afternoon, I should say,

1313
01:00:21,280 --> 01:00:21,880
Speaker 3: from New York.

1314
01:00:21,960 --> 01:00:23,520
Speaker 2: Now I want to cover a bunch of bases with

1315
01:00:23,600 --> 01:00:25,640
Speaker 2: you this morning if we could, the great Fed debate

1316
01:00:25,760 --> 01:00:28,919
Speaker 2: what's your feel? What's the feel of the FID when

1317
01:00:28,960 --> 01:00:32,160
Speaker 2: they move? Had they lifted too late? Have they managed

1318
01:00:32,200 --> 01:00:34,040
Speaker 2: the soft landing? What's your call?

1319
01:00:35,680 --> 01:00:38,600
Speaker 3: That is a big question. The fact that they're going

1320
01:00:38,680 --> 01:00:42,520
Speaker 3: to move in September, I think is beyond doubt. If

1321
01:00:42,560 --> 01:00:46,440
Speaker 3: they did not move, then firstly they should all be

1322
01:00:46,560 --> 01:00:49,480
Speaker 3: fired because they have led us down the garden path

1323
01:00:49,960 --> 01:00:53,240
Speaker 3: believing that a rate cut of either certainly a quarter

1324
01:00:53,360 --> 01:00:56,960
Speaker 3: possibly a half percent is on its way. And the

1325
01:00:56,960 --> 01:01:00,840
Speaker 3: one rule is you don't lull the mark and investors

1326
01:01:00,840 --> 01:01:04,960
Speaker 3: into a false sense of security. So the Fed has

1327
01:01:05,400 --> 01:01:08,960
Speaker 3: pretty much set the stage for a rate cut later

1328
01:01:09,200 --> 01:01:13,480
Speaker 3: this month. Whether they've left it too late will be

1329
01:01:13,680 --> 01:01:16,120
Speaker 3: only something we can judge in the rear view mirror

1330
01:01:17,280 --> 01:01:19,760
Speaker 3: it started. I mean, if you look at PMI numbers,

1331
01:01:20,080 --> 01:01:23,040
Speaker 3: you look into the hood of the economic data, there

1332
01:01:23,080 --> 01:01:27,720
Speaker 3: is strong suggestion that it is late and that I

1333
01:01:27,720 --> 01:01:32,080
Speaker 3: mean a technical recession. Who knows, but people are hurting,

1334
01:01:32,480 --> 01:01:36,840
Speaker 3: whether it's from inflation or a rise in unemployment which

1335
01:01:36,880 --> 01:01:39,360
Speaker 3: is going up faster than they fed would like. Now,

1336
01:01:40,640 --> 01:01:43,840
Speaker 3: there was a fine balance to be done, and it

1337
01:01:43,920 --> 01:01:46,680
Speaker 3: is not clear that they got it entirely right.

1338
01:01:47,120 --> 01:01:49,240
Speaker 2: When I look at the markets on a daily basis,

1339
01:01:49,240 --> 01:01:51,920
Speaker 2: and no one's looked looking closer than you. How much

1340
01:01:51,960 --> 01:01:53,560
Speaker 2: of what's going on in the markets at the moment

1341
01:01:53,560 --> 01:01:56,680
Speaker 2: of the fundamentals of the American economy reflected by the

1342
01:01:56,720 --> 01:01:59,800
Speaker 2: global economy, and how much of it's just weird behavior

1343
01:02:00,000 --> 01:02:01,120
Speaker 2: around things like in video.

1344
01:02:01,680 --> 01:02:07,640
Speaker 3: Well, you say weird behavior around in Vidia, but the

1345
01:02:07,720 --> 01:02:12,320
Speaker 3: inn Vidia has become the bell weather for tech and

1346
01:02:12,640 --> 01:02:17,200
Speaker 3: AI and therefore the ramp up in a video it's

1347
01:02:17,200 --> 01:02:20,720
Speaker 3: still not one percent of the share price this year.

1348
01:02:21,120 --> 01:02:25,640
Speaker 3: The issue within Vidia and with all those stocks is

1349
01:02:25,800 --> 01:02:31,400
Speaker 3: whether the economic conditions, the trading conditions, can justify those

1350
01:02:31,440 --> 01:02:36,480
Speaker 3: lofty valuations. Putting it crudely, Mike, are we back to

1351
01:02:36,600 --> 01:02:40,600
Speaker 3: good old fashioned earnings per share. The share price is

1352
01:02:41,200 --> 01:02:44,959
Speaker 3: a metrics of future earnings. Are we back to good

1353
01:02:44,960 --> 01:02:49,480
Speaker 3: old valuations? And what is happening is not a crisis

1354
01:02:49,840 --> 01:02:56,680
Speaker 3: allah global debt, or allah pandemic or the Great Recession.

1355
01:02:56,880 --> 01:03:00,840
Speaker 3: It's not that crisis. This is the market doing its

1356
01:03:01,040 --> 01:03:08,320
Speaker 3: proper due diligence and saying, you know, we thought in Nvidia, Cisco, Intel,

1357
01:03:08,720 --> 01:03:11,600
Speaker 3: we thought the chip makers were going to do better.

1358
01:03:12,440 --> 01:03:15,960
Speaker 3: The evidence is suggesting they'll still do well, but not

1359
01:03:16,200 --> 01:03:19,480
Speaker 3: well enough to justify these prices. And this is a

1360
01:03:19,520 --> 01:03:22,000
Speaker 3: long way sorry, go ahead.

1361
01:03:22,080 --> 01:03:22,120
Speaker 4: No.

1362
01:03:22,320 --> 01:03:24,680
Speaker 2: I was going to say, well, where did the geopolitics

1363
01:03:24,680 --> 01:03:26,400
Speaker 2: of all of this fit into this? When I look

1364
01:03:26,400 --> 01:03:29,720
Speaker 2: at a place like China, Canada, Canola Royal this week,

1365
01:03:29,880 --> 01:03:33,080
Speaker 2: back and forth, the geopolitics and the uncertain nature of

1366
01:03:33,120 --> 01:03:34,800
Speaker 2: the world, where do they fit into all with this?

1367
01:03:35,400 --> 01:03:39,400
Speaker 3: Well, they fit into it in creating the economic landscape

1368
01:03:39,720 --> 01:03:43,800
Speaker 3: by which everybody's trading again. Put on the left side

1369
01:03:43,840 --> 01:03:46,840
Speaker 3: of the garden fence, put Tech and Invidia on the

1370
01:03:46,920 --> 01:03:50,800
Speaker 3: right side. Put a potential bigger slow down than was

1371
01:03:50,840 --> 01:03:55,440
Speaker 3: expected in the US. Put problems and protectionism with China.

1372
01:03:55,680 --> 01:03:58,800
Speaker 3: Put a US election where there will be tariffs. Whoever

1373
01:03:59,000 --> 01:04:03,240
Speaker 3: gets elected problems in Europe and within the EU. Now

1374
01:04:03,320 --> 01:04:06,640
Speaker 3: that creates a slowdown, which again means that you can't

1375
01:04:06,880 --> 01:04:13,160
Speaker 3: justify these share prices, and it implicates the tech because

1376
01:04:13,200 --> 01:04:16,760
Speaker 3: suddenly companies are not going to invest in tech and

1377
01:04:16,920 --> 01:04:21,200
Speaker 3: AI like we thought they will. It's not it's not

1378
01:04:21,320 --> 01:04:25,640
Speaker 3: a crisis, and it's not a very fast moving downward spiral.

1379
01:04:26,000 --> 01:04:29,400
Speaker 3: But they are feeding into each other and that's why

1380
01:04:29,440 --> 01:04:33,160
Speaker 3: there is this unease, this worry that's out there.

1381
01:04:33,720 --> 01:04:36,480
Speaker 2: You mentioned tariffs in the election. Generally speaking, where does

1382
01:04:36,520 --> 01:04:37,640
Speaker 2: the election fit in.

1383
01:04:39,280 --> 01:04:44,000
Speaker 3: Good question? We know that tariffs are coming regardless of

1384
01:04:44,080 --> 01:04:47,120
Speaker 3: who wins. If it's Donald Trump, they'll be broad based.

1385
01:04:47,400 --> 01:04:49,600
Speaker 3: There will be a you know, across the board, and

1386
01:04:49,640 --> 01:04:52,960
Speaker 3: they will be deep and painful. If it's Kanora Harris,

1387
01:04:53,120 --> 01:04:55,520
Speaker 3: they will be more targeted against China. They'll be more

1388
01:04:55,560 --> 01:04:58,200
Speaker 3: tip related, they'll be more tech related, they'll be more

1389
01:04:58,200 --> 01:05:02,040
Speaker 3: protectionists in the sense in a sort of a tight,

1390
01:05:02,320 --> 01:05:06,080
Speaker 3: a tighter sense. And remember Joe Biden did not remove

1391
01:05:06,200 --> 01:05:10,600
Speaker 3: most of Donald Trump's former tariffs that he puts in place,

1392
01:05:10,680 --> 01:05:15,280
Speaker 3: or former President tax on the economic front. We just

1393
01:05:15,440 --> 01:05:17,640
Speaker 3: don't know how either of them are going to pay

1394
01:05:17,680 --> 01:05:20,320
Speaker 3: for their plans. We don't know how Donald Trump is

1395
01:05:20,320 --> 01:05:22,480
Speaker 3: going to pay for his tax cuts. We don't know

1396
01:05:22,520 --> 01:05:26,480
Speaker 3: how Kamala Harris is going to pay for her increased

1397
01:05:26,520 --> 01:05:30,720
Speaker 3: social spending. Nor, to be blunt, do we have any

1398
01:05:30,760 --> 01:05:36,080
Speaker 3: idea about the ability the proprietary the simple common sense

1399
01:05:36,560 --> 01:05:40,600
Speaker 3: of her price gouging policies which seem to make no

1400
01:05:40,680 --> 01:05:42,120
Speaker 3: sense whatsoever, Dedan.

1401
01:05:42,160 --> 01:05:45,439
Speaker 2: We'll look forward to the debike tomorrow afternoon. Hold on there, Richard,

1402
01:05:45,480 --> 01:05:47,200
Speaker 2: Richard quest out of seeing in more. In the moment,

1403
01:05:47,200 --> 01:05:49,320
Speaker 2: we'll bring in the walls for you. Thirteen past ike.

1404
01:05:50,160 --> 01:05:54,720
Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio. Howard

1405
01:05:54,760 --> 01:05:55,520
Speaker 1: by News Talks.

1406
01:05:55,560 --> 01:05:57,720
Speaker 2: It be news Talksiby Rod Little in the UK for

1407
01:05:57,800 --> 01:06:00,720
Speaker 2: us in about twenty minutes time. Fifteen past eight Richard Quist.

1408
01:06:00,880 --> 01:06:04,120
Speaker 2: Guess right, Richard. The wars, the complexity of them ties

1409
01:06:04,160 --> 01:06:07,240
Speaker 2: in with the elections, of course, America's approach to the wars,

1410
01:06:07,280 --> 01:06:09,320
Speaker 2: the finding of equipment, the cost of all of the

1411
01:06:09,400 --> 01:06:12,840
Speaker 2: rising date, what changes if there's a change of president.

1412
01:06:12,920 --> 01:06:15,160
Speaker 2: With Europe and the Middle East, I.

1413
01:06:15,080 --> 01:06:18,760
Speaker 3: Think the Middle East less. So Ukraine's going to be

1414
01:06:18,800 --> 01:06:23,400
Speaker 3: the big one because if Donald Trump is elected, then

1415
01:06:23,680 --> 01:06:27,840
Speaker 3: his ability and capacity to continue to support Ukraine is

1416
01:06:28,480 --> 01:06:31,320
Speaker 3: very much in doubt now to a certain extent, though

1417
01:06:31,400 --> 01:06:35,560
Speaker 3: US still will. It's a NATO will and NATO still

1418
01:06:35,600 --> 01:06:38,160
Speaker 3: will do, but it will be a lot more painful

1419
01:06:38,160 --> 01:06:42,040
Speaker 3: for Ukraine, and there willy serious questions on Gaza and

1420
01:06:42,080 --> 01:06:45,600
Speaker 3: the Middle East. If Kamala Harris is elected, well, then

1421
01:06:45,640 --> 01:06:49,640
Speaker 3: of course you've got problems of the progressive left within

1422
01:06:49,680 --> 01:06:53,480
Speaker 3: the Democrats economically, because I think that's what you're talking about,

1423
01:06:54,120 --> 01:06:58,000
Speaker 3: no real changes and less as an exogenous event that

1424
01:06:58,040 --> 01:07:01,600
Speaker 3: would cause oil prices to rise or supply lines to

1425
01:07:01,640 --> 01:07:07,440
Speaker 3: become disrupted. We are already, Mike adapting. I was talking

1426
01:07:07,480 --> 01:07:10,880
Speaker 3: to the CEO of Mirth and they are already adapting

1427
01:07:11,200 --> 01:07:13,240
Speaker 3: to the fact that the Red Sea might be out

1428
01:07:13,240 --> 01:07:16,400
Speaker 3: of operation for quite some time to get from Asia

1429
01:07:16,480 --> 01:07:21,600
Speaker 3: through up until Europe longer term. If there's an exogenous event,

1430
01:07:21,640 --> 01:07:25,080
Speaker 3: if the wars get worse, if oil and other supply

1431
01:07:25,200 --> 01:07:29,200
Speaker 3: lines become endangered, then I think you're looking at some

1432
01:07:29,240 --> 01:07:30,840
Speaker 3: really serious economic problems.

1433
01:07:30,960 --> 01:07:33,240
Speaker 2: And then Richard, what about Europe and what we've seen

1434
01:07:33,280 --> 01:07:35,560
Speaker 2: in Germany and whether what we've seen in Germany is

1435
01:07:35,600 --> 01:07:38,280
Speaker 2: reflected more broadly in Europe and if it is, what

1436
01:07:38,440 --> 01:07:39,480
Speaker 2: then for Europe.

1437
01:07:39,920 --> 01:07:43,160
Speaker 3: Well, let's just look at this, and you're talking of

1438
01:07:43,160 --> 01:07:45,400
Speaker 3: course about the AfD and sort of the shift to

1439
01:07:45,440 --> 01:07:48,440
Speaker 3: the right, and we saw it in Italy with the OED.

1440
01:07:48,840 --> 01:07:51,120
Speaker 3: It's a couple of years ago, and we've seen it.

1441
01:07:51,160 --> 01:07:55,840
Speaker 3: Of course, we've seen Victor Auban holding onto power, although

1442
01:07:55,880 --> 01:07:58,440
Speaker 3: that is certainly less soon. But then you have Poland

1443
01:07:58,680 --> 01:08:04,800
Speaker 3: where Donald Tusk came back. The European election, the parliamentary

1444
01:08:04,800 --> 01:08:10,520
Speaker 3: results has given pause for thought. How President vonder Lyon

1445
01:08:11,160 --> 01:08:15,000
Speaker 3: and the new President of the Council, and you know,

1446
01:08:15,200 --> 01:08:20,320
Speaker 3: it's a measure of just you could ask most people

1447
01:08:20,320 --> 01:08:22,640
Speaker 3: in Europe who the new President of the Council is

1448
01:08:22,800 --> 01:08:25,599
Speaker 3: and even I can't remember his name just at the moment,

1449
01:08:25,760 --> 01:08:29,479
Speaker 3: where without looking it up to just remind myself, you've

1450
01:08:29,520 --> 01:08:32,800
Speaker 3: got to ask yourself what role this is all going

1451
01:08:32,840 --> 01:08:38,200
Speaker 3: to play, particularly if Europeans are angry. Do you see

1452
01:08:38,240 --> 01:08:41,120
Speaker 3: a week in fact in fac in fact, let me

1453
01:08:41,200 --> 01:08:44,479
Speaker 3: just point out to you the say, the the the

1454
01:08:44,760 --> 01:08:48,120
Speaker 3: haven of stability at the moment, despite all the problems

1455
01:08:48,120 --> 01:08:51,799
Speaker 3: in the UK economy might be britten because the election

1456
01:08:51,960 --> 01:08:56,080
Speaker 3: is out the way Kirstarmer is in is in number

1457
01:08:56,120 --> 01:08:59,719
Speaker 3: ten and is likely to be We're a very strong majority.

1458
01:09:00,040 --> 01:09:04,879
Speaker 3: So we've seen US bonds guilts radly, quite sharply because

1459
01:09:04,920 --> 01:09:08,160
Speaker 3: the and in fact the demand for guilts in the

1460
01:09:08,240 --> 01:09:14,679
Speaker 3: last bond auction dramatically dramatically outstripped supply because people want

1461
01:09:14,720 --> 01:09:16,640
Speaker 3: to hold where those perceived to be stability.

1462
01:09:17,040 --> 01:09:19,240
Speaker 2: I was just going to ask about Takir Stama. I

1463
01:09:19,280 --> 01:09:21,320
Speaker 2: can't work out what I'm seeing there. On one hand,

1464
01:09:21,360 --> 01:09:24,679
Speaker 2: he's cutting heating to patroners, which seems a very conservative

1465
01:09:24,720 --> 01:09:26,120
Speaker 2: sort of thing for a Libor government to do because

1466
01:09:26,120 --> 01:09:27,479
Speaker 2: they haven't got any money. And then on the other

1467
01:09:27,520 --> 01:09:29,519
Speaker 2: hand he's wandering into the back of the pub garden

1468
01:09:30,040 --> 01:09:32,240
Speaker 2: telling you you can't smoke, which is a very progressive

1469
01:09:32,280 --> 01:09:34,200
Speaker 2: Libor sort of thing. What sort of government are they?

1470
01:09:34,800 --> 01:09:40,440
Speaker 3: I think I would say, Sekire has got you exactly

1471
01:09:40,840 --> 01:09:46,599
Speaker 3: where he wants to be, exactly. He would say, I'm

1472
01:09:47,040 --> 01:09:50,360
Speaker 3: you know, I have policies and they are pragmatic policies

1473
01:09:50,680 --> 01:09:55,479
Speaker 3: that I will follow as necessary with certain values. For instance,

1474
01:09:55,479 --> 01:09:59,320
Speaker 3: the British government has today got to increase pensions by

1475
01:09:59,360 --> 01:10:02,320
Speaker 3: more than the re of inflation because they have signed

1476
01:10:02,320 --> 01:10:05,639
Speaker 3: onto and adhered to the so called triple lock. That's

1477
01:10:05,840 --> 01:10:10,200
Speaker 3: very expensive for them. Does it make sense to remove

1478
01:10:10,320 --> 01:10:15,080
Speaker 3: the winter fuel allowance economically? Probably does, Most pensioners didn't

1479
01:10:15,160 --> 01:10:18,600
Speaker 3: need it. Why not make it means tested? But it

1480
01:10:18,640 --> 01:10:21,880
Speaker 3: had become part of the fabric of winter for pensioners,

1481
01:10:21,920 --> 01:10:25,160
Speaker 3: and for a labor government to take it away it

1482
01:10:25,280 --> 01:10:29,720
Speaker 3: was just it was sordid and a little bit sleazy.

1483
01:10:29,560 --> 01:10:32,960
Speaker 2: Exactly, just an overarching thing to wind Richard, as an

1484
01:10:32,960 --> 01:10:35,360
Speaker 2: observer of all of this for an extended period of

1485
01:10:35,400 --> 01:10:37,519
Speaker 2: time and expert in the field, do you find the

1486
01:10:37,560 --> 01:10:42,160
Speaker 2: world particularly interesting, weird and unusual at the moment or

1487
01:10:42,160 --> 01:10:44,240
Speaker 2: are we sort of just getting a bit excited and

1488
01:10:44,280 --> 01:10:45,599
Speaker 2: it's always been this way if you.

1489
01:10:45,520 --> 01:10:49,240
Speaker 3: Look economically, I think we're fine economically, bearing a moment

1490
01:10:49,240 --> 01:10:51,320
Speaker 3: where we came from in twenty twenty with the pandemic,

1491
01:10:51,520 --> 01:10:53,920
Speaker 3: I think we're just about fine. Some countries will grow

1492
01:10:54,000 --> 01:10:56,439
Speaker 3: more than others. You know, the fact that we have

1493
01:10:56,600 --> 01:10:59,639
Speaker 3: proven we can get rid of inflation. Arguably we should

1494
01:10:59,640 --> 01:11:01,160
Speaker 3: never have had think we should have been more careful,

1495
01:11:01,160 --> 01:11:03,240
Speaker 3: blah blah blah. You know, could I should have would have.

1496
01:11:03,600 --> 01:11:08,440
Speaker 3: But the biggest worry has to be the war in Ukraine.

1497
01:11:08,880 --> 01:11:11,439
Speaker 3: The potential worsening of the Middle East and expansion of

1498
01:11:11,479 --> 01:11:14,920
Speaker 3: the Middle East war, and the Taiwan Straits and the

1499
01:11:15,640 --> 01:11:18,240
Speaker 3: battle within you know, the battles that will happen in

1500
01:11:18,880 --> 01:11:26,200
Speaker 3: Asia with China. Those have the serious potential to just

1501
01:11:26,400 --> 01:11:32,639
Speaker 3: completely literally blow us out of the water. Whyder issues?

1502
01:11:32,720 --> 01:11:35,000
Speaker 3: Might if I give you one sort of post summer

1503
01:11:35,040 --> 01:11:38,320
Speaker 3: here as you thought, why theer issues? How we're going

1504
01:11:38,320 --> 01:11:43,400
Speaker 3: to deal with social media and AI You know, how

1505
01:11:43,439 --> 01:11:48,000
Speaker 3: do we teach a generation that what they see might

1506
01:11:48,080 --> 01:11:51,599
Speaker 3: not be accurate and fair and true, what they hear

1507
01:11:51,720 --> 01:11:55,120
Speaker 3: might not be the real thing to their ears, and

1508
01:11:55,160 --> 01:11:57,479
Speaker 3: what they're being told they're going to have to take

1509
01:11:57,520 --> 01:12:00,519
Speaker 3: with a pinch of salt. How do we tell people

1510
01:12:00,840 --> 01:12:05,800
Speaker 3: who are skeptical, cynical and downright disbelievers to believe Mike

1511
01:12:05,880 --> 01:12:08,240
Speaker 3: Hoskins because he's been doing it more years than he

1512
01:12:08,320 --> 01:12:10,840
Speaker 3: is honest, he knows what he's talking about, And to

1513
01:12:10,920 --> 01:12:14,400
Speaker 3: believe rich request because he does know what he's talking about,

1514
01:12:14,600 --> 01:12:17,599
Speaker 3: and they are not just shills if you will, of

1515
01:12:17,680 --> 01:12:20,160
Speaker 3: Corporate America or New Zealand or whatever.

1516
01:12:20,720 --> 01:12:23,040
Speaker 2: When you get the answer, let us know and we'll

1517
01:12:23,040 --> 01:12:24,040
Speaker 2: award you the no bell.

1518
01:12:25,240 --> 01:12:26,960
Speaker 3: When I get the Answer'm keeping it to myself.

1519
01:12:27,560 --> 01:12:30,240
Speaker 2: Man nice to catch up Richard Quest out of CNN.

1520
01:12:30,920 --> 01:12:32,080
Speaker 2: It is eight twenty two.

1521
01:12:33,560 --> 01:12:37,160
Speaker 1: The Mic Hosking Breakfast with Dailey's Real Estate News Talks

1522
01:12:37,160 --> 01:12:37,439
Speaker 1: there be.

1523
01:12:39,200 --> 01:12:41,599
Speaker 2: Now let me fill you in on the fabulous Jaguar

1524
01:12:41,600 --> 01:12:45,040
Speaker 2: if pace. It is a sporty, refined Ryan and the

1525
01:12:45,120 --> 01:12:47,880
Speaker 2: kind of agility, responsiveness and refinement that all Jaguars are

1526
01:12:47,880 --> 01:12:50,519
Speaker 2: famous for. Of course, the design striking, beautiful slick lines,

1527
01:12:50,560 --> 01:12:54,120
Speaker 2: powerful rear haunches in those distinctive tail like graphics. They

1528
01:12:54,120 --> 01:12:56,400
Speaker 2: make it stand out. Now inside you're in for retreat

1529
01:12:56,439 --> 01:12:58,839
Speaker 2: as you would expect. The Kevin's all about the quality,

1530
01:12:58,880 --> 01:13:01,240
Speaker 2: top notch materials. Play the storage. If you enjoy a

1531
01:13:01,320 --> 01:13:05,120
Speaker 2: quiet drive, the active noise cancelation ensures a serene experience.

1532
01:13:05,200 --> 01:13:07,760
Speaker 2: Tech enthusiasts will appreciate the wireless Apple car play. The

1533
01:13:07,800 --> 01:13:13,719
Speaker 2: Android auto keeps you connected effortlessly. Handling f pace doesn't disappoint.

1534
01:13:13,720 --> 01:13:17,120
Speaker 2: There lightweight aluminium build, near perfect weight distribution, which is important.

1535
01:13:17,120 --> 01:13:20,360
Speaker 2: Of course, sophisticated suspension. They offers a superb ride. Have

1536
01:13:20,400 --> 01:13:22,880
Speaker 2: done it in the country Round Windy Roads is absolutely brilliant,

1537
01:13:22,920 --> 01:13:25,760
Speaker 2: defies its size. This issuev It's not just a pretty face.

1538
01:13:25,760 --> 01:13:30,439
Speaker 2: It's got credentials, snagged over seventy global awards, including Worldcar

1539
01:13:30,479 --> 01:13:32,320
Speaker 2: of the Year, Worldcar Design of the Year, plus the

1540
01:13:32,400 --> 01:13:35,840
Speaker 2: hybrid model comes with the DC fast Charging for added convenience,

1541
01:13:36,320 --> 01:13:38,800
Speaker 2: limited availability as Jaguar shifts to the new lineup of

1542
01:13:38,800 --> 01:13:41,680
Speaker 2: electrified vehicles, of course, the f Pace stands out as

1543
01:13:41,760 --> 01:13:45,519
Speaker 2: Jaguar's ultimate practical sports car. You do not want to

1544
01:13:45,560 --> 01:13:48,120
Speaker 2: miss it. Have a word with your local Jaguar retailer

1545
01:13:48,120 --> 01:13:49,760
Speaker 2: and get behind the wheel of your new jag. It

1546
01:13:49,840 --> 01:13:53,280
Speaker 2: is a twenty six pasking a little bit of solar

1547
01:13:53,360 --> 01:13:55,760
Speaker 2: work that I've been reading about, and so this is

1548
01:13:55,800 --> 01:13:57,840
Speaker 2: this big gap. We're all panicking a while ago. A

1549
01:13:57,840 --> 01:13:59,680
Speaker 2: couple of weeks ago, it didn't rain and there was

1550
01:13:59,720 --> 01:14:01,240
Speaker 2: no water in the lakes, and what are we going

1551
01:14:01,280 --> 01:14:03,080
Speaker 2: to do? And the gap wasn't there, and the renewables

1552
01:14:03,120 --> 01:14:05,519
Speaker 2: weren't working. There's one hundred and forty seven I'm reading

1553
01:14:05,560 --> 01:14:07,679
Speaker 2: one hundred and forty seven solar, wind and geo thermal

1554
01:14:07,760 --> 01:14:11,800
Speaker 2: projects that have been announced. If every solar or wind

1555
01:14:11,880 --> 01:14:15,479
Speaker 2: farm that was announced got built, we would have more

1556
01:14:15,520 --> 01:14:17,760
Speaker 2: renewable energy than we knew what to do with. So

1557
01:14:17,800 --> 01:14:20,000
Speaker 2: there's two points to this that are important. As far

1558
01:14:20,040 --> 01:14:23,479
Speaker 2: as I can work out. Point one, announcing is not doing.

1559
01:14:23,960 --> 01:14:27,080
Speaker 2: It's a very labor party. So just because you've anounced

1560
01:14:27,080 --> 01:14:29,719
Speaker 2: you're going to build something doesn't mean you are. Next question,

1561
01:14:30,040 --> 01:14:31,920
Speaker 2: once you've raised all the money, and I'll give you

1562
01:14:31,920 --> 01:14:34,439
Speaker 2: some of these numbers after eight thirty. Once you've raised

1563
01:14:34,439 --> 01:14:36,280
Speaker 2: all the money and you've built all the stuff you

1564
01:14:36,320 --> 01:14:39,800
Speaker 2: want to build, do you not then have over capacity?

1565
01:14:40,280 --> 01:14:43,840
Speaker 2: And the people who invested in the capacity realize they've

1566
01:14:43,840 --> 01:14:46,960
Speaker 2: got over capacity. Therefore the returns are not going to

1567
01:14:47,000 --> 01:14:49,280
Speaker 2: be anything like they thought they would be. Because you've

1568
01:14:49,280 --> 01:14:52,519
Speaker 2: permanently got more demand than supply or supplied than demand.

1569
01:14:54,600 --> 01:14:58,920
Speaker 1: You're trusted home for News for Entertainment's opinion and making

1570
01:14:59,000 --> 01:15:02,320
Speaker 1: them my cosking for first with the Jaguar f phase

1571
01:15:02,680 --> 01:15:04,920
Speaker 1: cut from a different clath News togs D.

1572
01:15:05,160 --> 01:15:08,360
Speaker 2: Don't we return to the business of renewables. So one

1573
01:15:08,439 --> 01:15:10,679
Speaker 2: hundred and forty seven solar wind and geo thermal projects

1574
01:15:10,720 --> 01:15:13,320
Speaker 2: have been announced, right, so if every solar wind farm

1575
01:15:13,720 --> 01:15:16,599
Speaker 2: was got built, we'd have more than enough so problems

1576
01:15:16,640 --> 01:15:20,240
Speaker 2: would be solved. The electricity authorities Generation pipeline has got

1577
01:15:20,280 --> 01:15:25,160
Speaker 2: ten thousand gigawatt hours of new supply. They're being actively

1578
01:15:25,160 --> 01:15:27,800
Speaker 2: pursued out to twenty twenty six, equal to between a

1579
01:15:27,880 --> 01:15:32,000
Speaker 2: quarter and twenty percent of the country's entire power consumption,

1580
01:15:32,400 --> 01:15:35,599
Speaker 2: but less than a fifth of that was fully committed.

1581
01:15:35,640 --> 01:15:37,600
Speaker 2: So there's your major problem. The major problem is we

1582
01:15:37,640 --> 01:15:40,600
Speaker 2: talk about it, we don't actually do it. Wholesale prices

1583
01:15:40,680 --> 01:15:43,080
Speaker 2: looking forward suggested that shortages are going to happen again

1584
01:15:43,160 --> 01:15:45,400
Speaker 2: next winter. Is why I raised this because we've just

1585
01:15:45,479 --> 01:15:47,559
Speaker 2: gone through this angsty. There's a big meeting today by

1586
01:15:47,600 --> 01:15:50,439
Speaker 2: the way, the Windstone people are meeting, and you know,

1587
01:15:50,960 --> 01:15:52,639
Speaker 2: we wish you the best, but you know, Lord knows

1588
01:15:52,640 --> 01:15:54,160
Speaker 2: what's going to happen out of all of that. So

1589
01:15:54,479 --> 01:15:56,639
Speaker 2: we've got a problem. Now, We've got a problem next winter.

1590
01:15:56,640 --> 01:15:58,280
Speaker 2: We don't seem to be doing anything about it. There

1591
01:15:58,280 --> 01:16:02,960
Speaker 2: is an enormous pipeline of possible projects. Stu pended that

1592
01:16:02,960 --> 01:16:06,839
Speaker 2: I'm quoting an expert. He are stupendously large. A boom

1593
01:16:06,920 --> 01:16:09,479
Speaker 2: since the start of twenty twenty three saw enough renewable

1594
01:16:09,520 --> 01:16:13,479
Speaker 2: electricity added to power seven percent of the country's consumption.

1595
01:16:13,840 --> 01:16:17,840
Speaker 2: So that's just since twenty twenty three, rooftop solar installation

1596
01:16:17,960 --> 01:16:21,519
Speaker 2: on individual buildings, that's our houses. That's almost doubled in

1597
01:16:21,600 --> 01:16:23,639
Speaker 2: the previous year as well, So we're starting to get there.

1598
01:16:23,640 --> 01:16:25,960
Speaker 2: But my question, apart from the fact we're not building enough,

1599
01:16:26,600 --> 01:16:30,240
Speaker 2: is when we build too much, then what happens and

1600
01:16:30,280 --> 01:16:34,000
Speaker 2: all that investment that isn't used, isn't needed, what happens

1601
01:16:34,040 --> 01:16:36,439
Speaker 2: to the investment in the returns on that? Twenty two

1602
01:16:36,479 --> 01:16:37,200
Speaker 2: minutes away from.

1603
01:16:37,160 --> 01:16:41,400
Speaker 1: Nine International correspondence with Ends and Eye Insurance Peace of

1604
01:16:41,439 --> 01:16:43,040
Speaker 1: Mind for New Zealand business to.

1605
01:16:43,040 --> 01:16:45,000
Speaker 2: The UK, we go Ron Little very good morning mate,

1606
01:16:45,160 --> 01:16:45,839
Speaker 2: Good morning.

1607
01:16:45,680 --> 01:16:46,200
Speaker 15: To you mate.

1608
01:16:46,640 --> 01:16:49,320
Speaker 2: How's the video going down in your particular part of

1609
01:16:49,320 --> 01:16:49,719
Speaker 2: the world?

1610
01:16:53,080 --> 01:16:57,000
Speaker 15: Sorry say that again, I missed that. The Cape video?

1611
01:16:57,200 --> 01:16:59,479
Speaker 2: Yeah, the Cape video. How's it going down in your

1612
01:16:59,520 --> 01:17:00,000
Speaker 2: part of the world.

1613
01:17:02,520 --> 01:17:06,800
Speaker 15: Well, it's difficult, it's going down very well. And the

1614
01:17:06,960 --> 01:17:10,760
Speaker 15: kars Damer has wished Kate all the best and hope

1615
01:17:10,800 --> 01:17:15,040
Speaker 15: she recovers from cancer very quickly and is glad sheallys

1616
01:17:15,080 --> 01:17:20,120
Speaker 15: through her chemo and most people, what all people assume

1617
01:17:20,160 --> 01:17:23,400
Speaker 15: would would think the same thing. But there is the

1618
01:17:23,520 --> 01:17:27,639
Speaker 15: question that's been raised, I suppose over here is that

1619
01:17:27,720 --> 01:17:30,679
Speaker 15: we were never really told and there's no great reason

1620
01:17:30,720 --> 01:17:34,519
Speaker 15: why we should be the very very seriousness of this

1621
01:17:34,600 --> 01:17:37,800
Speaker 15: illness right at the outset, and it was held from

1622
01:17:37,800 --> 01:17:40,639
Speaker 15: the public for quite a long time, and it clearly,

1623
01:17:41,040 --> 01:17:44,280
Speaker 15: given the course of treatment, given the state that Kate

1624
01:17:44,400 --> 01:17:50,120
Speaker 15: is now in, was a rather more grave case of

1625
01:17:50,160 --> 01:17:53,919
Speaker 15: the illness than we had we had expected, and obviously

1626
01:17:53,960 --> 01:17:57,160
Speaker 15: everyone now wishes for the best. She's made a couple

1627
01:17:57,240 --> 01:18:00,519
Speaker 15: of public appearances, she's said that is going to do

1628
01:18:00,560 --> 01:18:04,680
Speaker 15: a number of light appearances in the next a few months,

1629
01:18:05,880 --> 01:18:07,920
Speaker 15: so she's clearly enough back to full speed, and she

1630
01:18:08,000 --> 01:18:11,920
Speaker 15: said she's going to focus on recovering and preventing cancer

1631
01:18:11,920 --> 01:18:15,519
Speaker 15: from coming back. But it must have been an appalling

1632
01:18:15,600 --> 01:18:17,840
Speaker 15: time for her. She says, you know that it has

1633
01:18:17,920 --> 01:18:23,280
Speaker 15: been incredibly tough for this last nine months, and of

1634
01:18:23,360 --> 01:18:27,519
Speaker 15: course nine months takes us back really to slightly before

1635
01:18:27,560 --> 01:18:32,320
Speaker 15: we knew anything was wrong, and I'm sure it has been.

1636
01:18:32,880 --> 01:18:36,559
Speaker 15: And all one could do is just wish her every

1637
01:18:36,760 --> 01:18:37,840
Speaker 15: best wish in the world.

1638
01:18:38,040 --> 01:18:40,640
Speaker 2: Couldn't agree more, and given that we don't know what

1639
01:18:40,680 --> 01:18:42,640
Speaker 2: we were dealing with, and cancer is a difficult thing

1640
01:18:42,640 --> 01:18:45,160
Speaker 2: at the best of times. She does look at I

1641
01:18:45,160 --> 01:18:48,639
Speaker 2: think she looks remarkably well, doesn't she.

1642
01:18:48,640 --> 01:18:54,280
Speaker 15: She looks incredibly well, given that this was one is suspected,

1643
01:18:54,760 --> 01:18:59,720
Speaker 15: one suspects a quite advanced stage of cancer, and that

1644
01:18:59,800 --> 01:19:03,320
Speaker 15: she has undergone this treatment and that she is now

1645
01:19:03,360 --> 01:19:07,720
Speaker 15: focusing on banishing the cancer from returning. Yes, she does

1646
01:19:07,760 --> 01:19:10,599
Speaker 15: look very well, and she's looked well on the couple

1647
01:19:10,600 --> 01:19:14,439
Speaker 15: of public appearances that she's made in the last month

1648
01:19:14,560 --> 01:19:18,400
Speaker 15: or so. But it has been a terrible time for

1649
01:19:18,439 --> 01:19:22,759
Speaker 15: the royal family, you know, with the kiding himself suffering

1650
01:19:22,760 --> 01:19:26,000
Speaker 15: from cancer and we don't know how well he is.

1651
01:19:26,360 --> 01:19:29,160
Speaker 15: It seems to be slightly less serious in his case.

1652
01:19:29,760 --> 01:19:34,200
Speaker 15: And then in the background the troubles murmuring on with

1653
01:19:35,280 --> 01:19:39,160
Speaker 15: Harry and Meghan in the States, and that issue never

1654
01:19:39,640 --> 01:19:41,960
Speaker 15: really resolved and I don't think it ever will be.

1655
01:19:42,560 --> 01:19:46,920
Speaker 15: And of course the question of that large oath Andrew,

1656
01:19:47,920 --> 01:19:51,840
Speaker 15: who seems to have been given his addition noticed by

1657
01:19:52,000 --> 01:19:52,400
Speaker 15: the King.

1658
01:19:52,880 --> 01:19:55,559
Speaker 2: Yes, exactly what I mean. This thing has gone on

1659
01:19:55,600 --> 01:19:57,760
Speaker 2: for months. I mean, does he ring Andrew up and

1660
01:19:57,800 --> 01:20:00,559
Speaker 2: go by the way you can't stay by the way

1661
01:20:00,600 --> 01:20:03,080
Speaker 2: I've seen the peckers around. I mean, and he just

1662
01:20:03,080 --> 01:20:05,360
Speaker 2: what locks the door and refuses to leave.

1663
01:20:06,600 --> 01:20:09,639
Speaker 15: I think it's something like that, you know, Andrew lives

1664
01:20:09,640 --> 01:20:13,519
Speaker 15: in the Grand Lodge in Windsor. Windsor has its castle

1665
01:20:13,600 --> 01:20:17,240
Speaker 15: of course where the important people stay, but there are

1666
01:20:17,280 --> 01:20:20,240
Speaker 15: also it's kind of like a center parks for royals.

1667
01:20:20,680 --> 01:20:24,840
Speaker 15: There's various other little kind of outlets where they all

1668
01:20:24,880 --> 01:20:28,439
Speaker 15: hold up. And he's got this lodge and has been

1669
01:20:28,479 --> 01:20:30,479
Speaker 15: told he's got to get out of it or pay

1670
01:20:30,520 --> 01:20:36,799
Speaker 15: the costs. And assume I assume the King has acted

1671
01:20:36,840 --> 01:20:40,840
Speaker 15: precipitously now to say you are out in order not

1672
01:20:40,880 --> 01:20:43,280
Speaker 15: to fall foul of the Labor Party for the Labor

1673
01:20:43,320 --> 01:20:48,080
Speaker 15: Government's new Charter on rented accommodation, which comes into effect

1674
01:20:48,200 --> 01:20:52,360
Speaker 15: quite soon and will banish people like King Charles from

1675
01:20:52,520 --> 01:20:56,280
Speaker 15: evicting people from their own as if they're lodgers.

1676
01:20:57,280 --> 01:21:00,840
Speaker 2: Right now in Sport League cars Lee last night I

1677
01:21:00,920 --> 01:21:02,680
Speaker 2: saw of this was leading into the weekend. I think

1678
01:21:02,720 --> 01:21:04,720
Speaker 2: from memory he wasn't going to sing. I take it

1679
01:21:04,760 --> 01:21:07,839
Speaker 2: he didn't sing. Has he been sacked, hung drawn, courted?

1680
01:21:07,880 --> 01:21:08,479
Speaker 2: What happened?

1681
01:21:09,720 --> 01:21:12,719
Speaker 15: He's been sacked, hung drawn and courted by the Daily Mail,

1682
01:21:12,920 --> 01:21:15,360
Speaker 15: but not by anybody else in the country, I don't think.

1683
01:21:16,560 --> 01:21:23,439
Speaker 15: And his passion is his passage to becoming England manager properly,

1684
01:21:23,560 --> 01:21:26,320
Speaker 15: his only interim at the moment has probably been helped

1685
01:21:26,320 --> 01:21:29,639
Speaker 15: by stuffing Ireland to literally have been about five or six.

1686
01:21:30,960 --> 01:21:34,720
Speaker 15: He kept his lips very firmly sealed. And it's just

1687
01:21:35,160 --> 01:21:38,719
Speaker 15: such a quirk of fate that he would his first

1688
01:21:38,800 --> 01:21:41,840
Speaker 15: job as England manager be brought up against the team

1689
01:21:42,080 --> 01:21:45,000
Speaker 15: Ireland for whom he played forty times, because he is

1690
01:21:45,600 --> 01:21:48,200
Speaker 15: Irish by dint of the fact that I think he

1691
01:21:48,280 --> 01:21:50,799
Speaker 15: once got a postcard from someone who lived in Cork

1692
01:21:51,880 --> 01:21:57,080
Speaker 15: and that hippy is about it. It's ruffled fewer feathers

1693
01:21:57,080 --> 01:21:59,600
Speaker 15: than he would have thought. There is a sort of

1694
01:21:59,720 --> 01:22:04,680
Speaker 15: out rage on the far right and amongst the and

1695
01:22:04,800 --> 01:22:07,080
Speaker 15: of the day, within the Daily Mail. You know this

1696
01:22:07,200 --> 01:22:11,439
Speaker 15: man shouldn't be But we've had managers before Fabio Capello

1697
01:22:11,880 --> 01:22:14,880
Speaker 15: who did murmur during the national anthem, but god knows

1698
01:22:14,920 --> 01:22:19,200
Speaker 15: what he was murmuring, and Senor and Ericsson who perhaps

1699
01:22:19,000 --> 01:22:22,840
Speaker 15: whistled the national anthem as he was sort of squiring,

1700
01:22:22,960 --> 01:22:26,680
Speaker 15: or Rika Johnson around town. But you know it is

1701
01:22:26,760 --> 01:22:30,400
Speaker 15: it seems to be an absurdity that you would expect

1702
01:22:30,400 --> 01:22:33,479
Speaker 15: an England manager to sign up to everything, and especially

1703
01:22:33,520 --> 01:22:37,680
Speaker 15: to an anthem scribbled down in seventeen forty four by

1704
01:22:37,760 --> 01:22:41,160
Speaker 15: anonymous peoples and which has got words with which no

1705
01:22:41,240 --> 01:22:42,880
Speaker 15: one today would properly agree with.

1706
01:22:43,640 --> 01:22:45,280
Speaker 2: All right, Mike, we'll catch up those. I appreciate it,

1707
01:22:45,360 --> 01:22:48,320
Speaker 2: Ron little. I'll get to the COVID inquiry which has

1708
01:22:48,360 --> 01:22:50,280
Speaker 2: begun there today in just a couple of moments. A

1709
01:22:50,320 --> 01:22:51,240
Speaker 2: bit of scandal around that.

1710
01:22:51,320 --> 01:22:55,880
Speaker 1: Eight forty five the mic Asking Breakfast Full Show podcast

1711
01:22:56,040 --> 01:22:57,160
Speaker 1: on iHeartRadio.

1712
01:22:57,360 --> 01:22:58,360
Speaker 13: Howard By News.

1713
01:22:58,120 --> 01:22:58,680
Speaker 12: Talks at be.

1714
01:23:00,600 --> 01:23:03,400
Speaker 2: They're up to of COVID in the UK Public Inquiry,

1715
01:23:03,479 --> 01:23:06,080
Speaker 2: ten weeks of hearings looking at the impact on patients,

1716
01:23:06,120 --> 01:23:08,439
Speaker 2: health workers in the wider RENHS, which is interesting. But

1717
01:23:08,479 --> 01:23:12,080
Speaker 2: at the same time there's an anti corruption charity. Theyvidedifed

1718
01:23:12,120 --> 01:23:15,559
Speaker 2: significant concerns and contracts worth over fifteen billion pounds, so

1719
01:23:15,640 --> 01:23:20,200
Speaker 2: let's call it thirty billion New Zealand dollars equivalent to

1720
01:23:20,280 --> 01:23:24,320
Speaker 2: one in every three bucks spent. It's extraordinary, isn't This

1721
01:23:24,320 --> 01:23:27,200
Speaker 2: is Transparency International. They found one hundred and thirty five

1722
01:23:27,360 --> 01:23:30,680
Speaker 2: high risk contracts at least three red flags with at

1723
01:23:30,800 --> 01:23:34,120
Speaker 2: least three red flags, so it wasn't ye three red

1724
01:23:34,120 --> 01:23:38,000
Speaker 2: flags and you've got these contracts. Twenty eight contracts worth

1725
01:23:38,040 --> 01:23:42,360
Speaker 2: eight billion dollars went to firms with non political connections.

1726
01:23:42,680 --> 01:23:46,960
Speaker 2: Fifty one worth eight billion dollars went through a VIP

1727
01:23:47,240 --> 01:23:50,960
Speaker 2: lane for companies recommended by MP's and pers a practice

1728
01:23:51,000 --> 01:23:54,400
Speaker 2: the High Court ruled unlawful. They analyzed five thousand contracts

1729
01:23:54,439 --> 01:23:57,880
Speaker 2: for red flags in total. So that's got scandal written

1730
01:23:57,920 --> 01:23:59,800
Speaker 2: all over it. Speaking of watch and I did have

1731
01:24:00,040 --> 01:24:02,479
Speaker 2: I'm to raisers with the Prime Minister, but I will

1732
01:24:02,479 --> 01:24:04,479
Speaker 2: do it another day. There is a suggestion that Part

1733
01:24:04,520 --> 01:24:07,520
Speaker 2: one of our COVID inquiry, which comes to a culmination

1734
01:24:07,600 --> 01:24:10,800
Speaker 2: conclusion in November before Part two begins, is that the

1735
01:24:10,800 --> 01:24:12,439
Speaker 2: government are going to get that report and they're going

1736
01:24:12,439 --> 01:24:14,360
Speaker 2: to hold on to it, not release it publicly until

1737
01:24:14,400 --> 01:24:16,679
Speaker 2: I've got something back on Part two, which is towards

1738
01:24:16,680 --> 01:24:20,040
Speaker 2: the election, which I find deeply concerning. This is either

1739
01:24:20,240 --> 01:24:22,600
Speaker 2: a transparent government or it's not. This is either a

1740
01:24:22,600 --> 01:24:25,360
Speaker 2: transparent public inquiry or it isn't. And to get hold

1741
01:24:25,400 --> 01:24:27,599
Speaker 2: of a report to hold on to it not really.

1742
01:24:27,680 --> 01:24:29,080
Speaker 2: It means nothing wrong with holding it for a month

1743
01:24:29,120 --> 01:24:30,599
Speaker 2: while you read it and pass it around your mates

1744
01:24:30,600 --> 01:24:31,800
Speaker 2: and do all that sort of stuff. But I mean

1745
01:24:31,840 --> 01:24:34,479
Speaker 2: to hold it until the next part's done. That that

1746
01:24:34,520 --> 01:24:37,200
Speaker 2: doesn't seem right. To me. So that's a conversation for

1747
01:24:37,240 --> 01:24:41,040
Speaker 2: another day. How excited are you about Apple and iPhone sixteen?

1748
01:24:41,080 --> 01:24:43,000
Speaker 2: You're bit excited about this or a wee bit past

1749
01:24:43,040 --> 01:24:46,040
Speaker 2: this sort of this revelationary, revolutionary. Look at the new

1750
01:24:46,080 --> 01:24:48,200
Speaker 2: colors I've got for you. I have some information on

1751
01:24:48,320 --> 01:24:50,240
Speaker 2: today's I was going to say big event, but it's

1752
01:24:50,240 --> 01:24:51,479
Speaker 2: not really a big event, isn't. I mean, it's a

1753
01:24:51,479 --> 01:24:53,840
Speaker 2: big event, but as far as events go, it's not

1754
01:24:53,880 --> 01:24:56,320
Speaker 2: the event it used to be. Am I babbling just

1755
01:24:56,360 --> 01:25:00,519
Speaker 2: a little more. In a moment ten away from nine.

1756
01:25:00,520 --> 01:25:05,040
Speaker 1: My costume breakfast with our Veda Retairement, Communities news togsad

1757
01:25:05,080 --> 01:25:05,800
Speaker 1: be just.

1758
01:25:05,800 --> 01:25:09,000
Speaker 2: And sadly, James L. Jones has passed away. Darth Vader,

1759
01:25:09,040 --> 01:25:12,800
Speaker 2: of course in Star Wars, won three Tony's, two Emmys

1760
01:25:12,880 --> 01:25:15,599
Speaker 2: and a Grammy Award, and probably more well known for

1761
01:25:15,680 --> 01:25:20,680
Speaker 2: this is CNN. He was ninety three. The cause of

1762
01:25:20,720 --> 01:25:24,040
Speaker 2: death has not been announced at this particular stage. By

1763
01:25:24,040 --> 01:25:26,200
Speaker 2: the way, just it occurred to me. I didn't raise

1764
01:25:26,200 --> 01:25:27,559
Speaker 2: it with Road because it didn't have time. But I

1765
01:25:27,640 --> 01:25:30,160
Speaker 2: told you about Hamilton and Wellington being done greater credit

1766
01:25:30,200 --> 01:25:33,360
Speaker 2: wise because they've got so much debt. Announced by Unison,

1767
01:25:33,400 --> 01:25:36,639
Speaker 2: the United Kingdom's largest trade union, overnight that a bunch

1768
01:25:36,720 --> 01:25:39,400
Speaker 2: of councils basically are on the verge of collapse in Britain.

1769
01:25:39,439 --> 01:25:42,160
Speaker 2: They owe collectively about eight billion dollars. They don't have it,

1770
01:25:42,560 --> 01:25:45,240
Speaker 2: they show no signs of having it, and so seemingly

1771
01:25:45,320 --> 01:25:47,160
Speaker 2: councils and various parts of the world don't know how

1772
01:25:47,200 --> 01:25:50,080
Speaker 2: to run the books. Probably, Oh my lord, it is

1773
01:25:50,120 --> 01:25:51,720
Speaker 2: seven away from nine.

1774
01:25:51,479 --> 01:25:55,040
Speaker 13: Trending now with the Square House, the home of big

1775
01:25:55,080 --> 01:25:56,000
Speaker 13: brand cosmetics.

1776
01:25:56,040 --> 01:25:57,880
Speaker 2: Now, when I say events, it wasn't a big event.

1777
01:25:57,920 --> 01:25:59,360
Speaker 2: It was a big event because it's been built up

1778
01:25:59,360 --> 01:26:01,559
Speaker 2: to and everyone went, oh my god, it's an Apple event.

1779
01:26:01,600 --> 01:26:02,960
Speaker 2: But they don't have the event, so I don't realize

1780
01:26:03,000 --> 01:26:04,680
Speaker 2: they didn't have events anymore. No one turns up, no

1781
01:26:04,720 --> 01:26:06,280
Speaker 2: one doesn't anything. It's just a pre recorded thing and

1782
01:26:06,320 --> 01:26:10,360
Speaker 2: Tim goes, hello, here's what we've got anyway, first time

1783
01:26:10,360 --> 01:26:12,519
Speaker 2: ever it's happened on a Monday, because it's Monday in America,

1784
01:26:12,960 --> 01:26:15,160
Speaker 2: they think, because they want to avoid the debate tomorrow,

1785
01:26:15,200 --> 01:26:18,200
Speaker 2: which means they wouldn't get any headlines. It's the sixteen,

1786
01:26:18,400 --> 01:26:21,640
Speaker 2: the iPhone sixteen, but it's glow up time, which is

1787
01:26:21,640 --> 01:26:24,439
Speaker 2: what they calling it because SyRI now lights up when

1788
01:26:24,479 --> 01:26:29,320
Speaker 2: you use it. That's booster bi Apple Intelligence. Anyway, he's him.

1789
01:26:29,840 --> 01:26:34,040
Speaker 8: Today, we have exciting announcements to share about Apple Watch

1790
01:26:34,280 --> 01:26:37,720
Speaker 8: and air Pods, and we are thrilled to introduce the

1791
01:26:37,760 --> 01:26:41,680
Speaker 8: first iPhones designed from the ground up for Apple Intelligence

1792
01:26:42,000 --> 01:26:43,880
Speaker 8: and it's breakthrough capabilities.

1793
01:26:44,160 --> 01:26:51,280
Speaker 2: Fantastic ten A series ten Apple Watch thinnest EBB. We've

1794
01:26:51,280 --> 01:26:54,200
Speaker 2: got a sixty new color for it, jet black. Oh my.

1795
01:26:54,400 --> 01:26:58,120
Speaker 9: It's our first ever polished aluminum finish for Apple Watch.

1796
01:26:58,560 --> 01:27:02,160
Speaker 9: The case is made from our durable aluminum alloy and

1797
01:27:02,240 --> 01:27:08,040
Speaker 9: polished using silica nanoparticles until the surface achieves a reflective shine.

1798
01:27:08,640 --> 01:27:10,719
Speaker 2: You laugh, but when you see it, I do laugh.

1799
01:27:11,120 --> 01:27:11,920
Speaker 2: I do laugh.

1800
01:27:12,200 --> 01:27:14,680
Speaker 10: I mean you've brought some pretty weaky looking watches in

1801
01:27:14,680 --> 01:27:15,120
Speaker 10: your toe.

1802
01:27:15,160 --> 01:27:18,680
Speaker 2: That is true. You can also get it in titanium.

1803
01:27:19,120 --> 01:27:20,439
Speaker 2: You can go another step and you can get an

1804
01:27:20,439 --> 01:27:23,840
Speaker 2: Apple Watch Ultra two. The Ultra two came out last year,

1805
01:27:23,920 --> 01:27:26,280
Speaker 2: saying isn't the Ultra two alreadyet Yes, it is. You

1806
01:27:26,320 --> 01:27:28,880
Speaker 2: can also get that in black as well. We've got

1807
01:27:28,920 --> 01:27:32,639
Speaker 2: AirPods AirPods four, which come with better sound voice isolation

1808
01:27:32,720 --> 01:27:36,080
Speaker 2: for phone calls. You cannot and shake your head to

1809
01:27:36,120 --> 01:27:40,000
Speaker 2: communicate with Siri, who presumably lights up at the same time.

1810
01:27:40,040 --> 01:27:42,519
Speaker 2: Does she light it when you're not or shake? You've

1811
01:27:42,520 --> 01:27:45,280
Speaker 2: got noise cancelation on the EarPods four as well. They've

1812
01:27:45,280 --> 01:27:49,200
Speaker 2: also relaunched the EarPods Max. These are the headphones. They're

1813
01:27:49,200 --> 01:27:51,639
Speaker 2: not new either, but they do have new colors, possibly

1814
01:27:51,640 --> 01:27:54,360
Speaker 2: polished inside titanium or not. We don't know that part.

1815
01:27:54,960 --> 01:27:58,560
Speaker 2: You can now charge it with the USBC d usbe

1816
01:27:59,120 --> 01:28:02,040
Speaker 2: it does all the us is incredible. Then you've got

1817
01:28:02,040 --> 01:28:06,360
Speaker 2: the EarPods Pro two with the soft ear tips. So

1818
01:28:06,479 --> 01:28:09,320
Speaker 2: that's a bunch of software upgrades there are very very

1819
01:28:09,320 --> 01:28:14,320
Speaker 2: helpful with ear health apparently. So you're saying, do we

1820
01:28:14,360 --> 01:28:15,960
Speaker 2: have a phone, Yes, we have a phone. It's the

1821
01:28:16,000 --> 01:28:23,400
Speaker 2: iPhone sixteen, the base model up new, exciting larger size

1822
01:28:23,600 --> 01:28:25,600
Speaker 2: sixteen plus got two new buttons.

1823
01:28:25,760 --> 01:28:30,240
Speaker 19: iPhone sixteen now has the customizable Action button, allowing you

1824
01:28:30,280 --> 01:28:33,280
Speaker 19: to perform a variety of functions with just a press.

1825
01:28:33,439 --> 01:28:34,920
Speaker 4: The camera control.

1826
01:28:34,640 --> 01:28:38,439
Speaker 19: Provides instant easy access to the camera with just a

1827
01:28:38,439 --> 01:28:40,799
Speaker 19: click action button.

1828
01:28:41,680 --> 01:28:44,599
Speaker 2: So the action button was on last year's Pro model.

1829
01:28:44,640 --> 01:28:48,440
Speaker 2: Of course, the camera control is completely new. The sixteen

1830
01:28:48,479 --> 01:28:51,519
Speaker 2: Pro and the Pro Max. They are bigger than ever

1831
01:28:51,720 --> 01:28:57,479
Speaker 2: and yes, yes they come in a tougher titanium finish,

1832
01:28:58,120 --> 01:29:00,960
Speaker 2: total redesign from the ground up on some prices. Let's

1833
01:29:00,960 --> 01:29:04,200
Speaker 2: go for some prices. The Apple Watch ten starts at

1834
01:29:04,240 --> 01:29:09,400
Speaker 2: seven forty nine. The Airpod's four start at two forty nine.

1835
01:29:10,320 --> 01:29:14,840
Speaker 2: Your basic iPhone sixteen one thousand, five hundred and ninety nine.

1836
01:29:14,880 --> 01:29:17,559
Speaker 2: But you're a loser if you want the iPhone sixteen

1837
01:29:17,600 --> 01:29:21,599
Speaker 2: based model. What you want, of course, is the Promax. Now,

1838
01:29:21,640 --> 01:29:24,880
Speaker 2: the Promax is the same price as a used car.

1839
01:29:25,880 --> 01:29:28,840
Speaker 2: So you either want a car or you want a phone.

1840
01:29:28,880 --> 01:29:31,559
Speaker 18: And I think we all know that we'd prefer phone

1841
01:29:31,680 --> 01:29:32,479
Speaker 18: right three.

1842
01:29:33,400 --> 01:29:39,280
Speaker 2: That's right, three thousand, one hundred and ninety nine glorious

1843
01:29:39,360 --> 01:29:40,280
Speaker 2: New Zealand dollars.

1844
01:29:40,280 --> 01:29:43,680
Speaker 9: It's with a terrifyt of storage that you're getting at

1845
01:29:43,720 --> 01:29:45,280
Speaker 9: a desert titanium Back.

1846
01:29:45,160 --> 01:29:46,559
Speaker 2: Tomorrow, Happy Days.

1847
01:29:48,520 --> 01:29:51,439
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1848
01:29:51,560 --> 01:29:54,599
Speaker 1: news talks. It'd be from six am weekdays, or follow

1849
01:29:54,640 --> 01:29:56,240
Speaker 1: the podcast on iHeartRadio.