1 00:00:00,200 --> 00:00:03,880 Speaker 1: In New Zealand's home for trusted news and views, The 2 00:00:04,080 --> 00:00:07,680 Speaker 1: Mic Hosking Breakfitt with the Defender Doctor the most Powerful 3 00:00:07,720 --> 00:00:08,840 Speaker 1: Defender ever made? 4 00:00:08,880 --> 00:00:10,320 Speaker 2: And news togs Head been any. 5 00:00:10,119 --> 00:00:12,399 Speaker 3: Why couldn't today bodycams for the Coppers? And are the 6 00:00:12,480 --> 00:00:15,160 Speaker 3: warlest Ones with the ram It's week for the Chinese 7 00:00:15,200 --> 00:00:17,040 Speaker 3: tourists coming here? The pome min is the before he 8 00:00:17,160 --> 00:00:18,840 Speaker 3: gets off to China with NATO. The lads in the 9 00:00:18,880 --> 00:00:21,920 Speaker 3: commentary box, of course being Monday, Richard Arnold, Steve Price, 10 00:00:22,160 --> 00:00:25,439 Speaker 3: Beren as well Pasky, Welcome to the week seven past six. 11 00:00:25,600 --> 00:00:27,840 Speaker 3: It was an odd looking thing, I thought, wasn't it. 12 00:00:27,880 --> 00:00:29,640 Speaker 3: I mean, it's not like we don't know. America has 13 00:00:29,640 --> 00:00:33,519 Speaker 3: a large military. America spends more on defense than anyone. Basically, 14 00:00:33,520 --> 00:00:35,520 Speaker 3: they spent about a trillion dollars a year. The Chinese 15 00:00:35,520 --> 00:00:37,680 Speaker 3: spent about a quarterback. But there they were, on what 16 00:00:37,800 --> 00:00:40,919 Speaker 3: looked like sparsely attended Washington streets, rolling down the road, 17 00:00:41,000 --> 00:00:43,519 Speaker 3: tanks and drones and guns and manpower. It was a 18 00:00:43,600 --> 00:00:45,959 Speaker 3: scene normally reserved for smaller powers who need to look 19 00:00:46,080 --> 00:00:48,680 Speaker 3: like the more important or serious than they are. Behind 20 00:00:48,720 --> 00:00:51,960 Speaker 3: the glass, the President and the Missus looked on earlier 21 00:00:52,000 --> 00:00:54,400 Speaker 3: on the day, several fellow politicians have been shot, some 22 00:00:54,520 --> 00:00:57,680 Speaker 3: of them fatally. Across the country, counter protests against the 23 00:00:57,720 --> 00:00:59,680 Speaker 3: parade were going on, Some got out of hand and 24 00:00:59,720 --> 00:01:02,480 Speaker 3: people got injured. A couple of days earlier, Israel had 25 00:01:02,520 --> 00:01:05,320 Speaker 3: gone after Iran. Iran had gone after Israel. The US 26 00:01:05,400 --> 00:01:07,640 Speaker 3: President did what he always does, which is to say 27 00:01:07,800 --> 00:01:09,959 Speaker 3: I warned them, but they didn't want to do a deal, 28 00:01:10,440 --> 00:01:13,400 Speaker 3: followed by we'll see what happens, then some vague threat 29 00:01:13,440 --> 00:01:16,080 Speaker 3: about it not ending well. As he watched all his 30 00:01:16,240 --> 00:01:19,600 Speaker 3: tanks and celebrated his seventy ninth birthday, He's losing them 31 00:01:19,640 --> 00:01:21,680 Speaker 3: at least, of course, he's losing Iran. He's losing the 32 00:01:21,880 --> 00:01:23,760 Speaker 3: Ukrainian War, at least one of which he said he 33 00:01:23,800 --> 00:01:26,720 Speaker 3: had sought out on day one. He wanted an Iranian deal. 34 00:01:26,959 --> 00:01:29,320 Speaker 3: He didn't get it. He, along with everyone else's losing 35 00:01:29,360 --> 00:01:32,200 Speaker 3: patients with Israel. The world looks a mess. And where 36 00:01:32,240 --> 00:01:35,400 Speaker 3: once America at least looked like they were actively engaged 37 00:01:35,440 --> 00:01:38,080 Speaker 3: in trying to play some sort of authoritative role, the 38 00:01:38,120 --> 00:01:40,240 Speaker 3: bloker runs the place these days looks more like he 39 00:01:40,360 --> 00:01:43,440 Speaker 3: enjoys parades and birthday celebrations and golf days and generally 40 00:01:43,480 --> 00:01:46,160 Speaker 3: paying lip service to big issues. All this, of course, 41 00:01:46,680 --> 00:01:48,480 Speaker 3: was going on after a week where the Marines and 42 00:01:48,520 --> 00:01:50,720 Speaker 3: the National Guard went to la and looked as we 43 00:01:50,840 --> 00:01:52,240 Speaker 3: were looked on as they tried to work out what 44 00:01:52,240 --> 00:01:54,440 Speaker 3: the hell they were doing there, given it sure as anything, 45 00:01:54,520 --> 00:01:57,560 Speaker 3: wasn't saving a burning city, given it wasn't burning, despite 46 00:01:57,600 --> 00:01:59,760 Speaker 3: the fact the birthday boy said it was. Trump so 47 00:02:00,560 --> 00:02:04,040 Speaker 3: looks a complete chaotic mess. His paperwork, though, also released 48 00:02:04,120 --> 00:02:06,360 Speaker 3: last week, shows he's making good money on crypto and 49 00:02:06,480 --> 00:02:09,200 Speaker 3: resort fees. His missus had some good income from a 50 00:02:09,280 --> 00:02:11,919 Speaker 3: mean coin, so at least they're fluid. Will it all 51 00:02:12,000 --> 00:02:14,399 Speaker 3: come to an end of sorts of next year's midterms? 52 00:02:14,400 --> 00:02:17,239 Speaker 3: I wondered to myself over the weekend, because surely this 53 00:02:17,400 --> 00:02:19,919 Speaker 3: circus has to be worrying thin, with enough Americans who 54 00:02:19,960 --> 00:02:21,520 Speaker 3: can't believe what they're seeing. 55 00:02:23,639 --> 00:02:26,000 Speaker 2: News of the world in ninety seconds. 56 00:02:26,320 --> 00:02:29,400 Speaker 3: Mainly the Iranian missiles have failed to penetrate the Dime, 57 00:02:29,440 --> 00:02:30,359 Speaker 3: but some did get through. 58 00:02:30,560 --> 00:02:32,600 Speaker 4: We've gathered a lot of intelligence and put together a 59 00:02:32,639 --> 00:02:35,400 Speaker 4: picture to try to figure out who we're looking for, 60 00:02:35,840 --> 00:02:39,120 Speaker 4: where we should be looking for, specifically in the building 61 00:02:39,200 --> 00:02:41,120 Speaker 4: that collapsed, we. 62 00:02:42,680 --> 00:02:45,079 Speaker 3: We extracted a few casualties nip Yeah. 63 00:02:45,120 --> 00:02:47,480 Speaker 5: Who had advice, Whoever heard and carried out the home 64 00:02:47,560 --> 00:02:51,200 Speaker 5: front commands instructions and was in a protected area was saved. 65 00:02:51,400 --> 00:02:55,519 Speaker 5: Whoever did not, unfortunately, was harmed. We have embarked on 66 00:02:55,560 --> 00:02:58,800 Speaker 5: a war of salvation against a double threat of annihilation, 67 00:02:59,200 --> 00:03:00,440 Speaker 5: and we're doing it vigorously. 68 00:03:00,720 --> 00:03:02,079 Speaker 3: The rhetoric has fallen as well. 69 00:03:02,360 --> 00:03:06,800 Speaker 6: This defense is entirely legitimate. We're defending with strength and resolve, 70 00:03:07,200 --> 00:03:10,720 Speaker 6: and our response is a reaction to aggression. Therefore, if 71 00:03:10,760 --> 00:03:14,440 Speaker 6: the aggression stops, naturally, our response will also cease. 72 00:03:14,680 --> 00:03:17,160 Speaker 3: The Israeli President wants to help the back call upon. 73 00:03:17,120 --> 00:03:19,720 Speaker 7: The leaders of the G seven and will convene tomorrow 74 00:03:19,800 --> 00:03:22,959 Speaker 7: in Canada. Nation, all be with us, because if you 75 00:03:23,080 --> 00:03:25,959 Speaker 7: want to get the nukes out with a better work. 76 00:03:25,960 --> 00:03:29,720 Speaker 3: Together with us against this miss is the G seven, 77 00:03:29,760 --> 00:03:31,840 Speaker 3: the afore mention which is about to get underweing Canada. 78 00:03:31,880 --> 00:03:33,079 Speaker 3: Of course Stam has already there. 79 00:03:33,280 --> 00:03:36,760 Speaker 1: This provides the opportunity to talk to our. 80 00:03:37,000 --> 00:03:41,600 Speaker 8: Leaders about the class and the situation and to make 81 00:03:41,720 --> 00:03:44,160 Speaker 8: our strong case together that. 82 00:03:44,240 --> 00:03:47,560 Speaker 3: There must be the explosion of this straight side. They're 83 00:03:47,560 --> 00:03:50,840 Speaker 3: still looking for vance balter after yesterday's shootings of Minnesota 84 00:03:50,880 --> 00:03:52,480 Speaker 3: or Senator speaks for most the. 85 00:03:52,800 --> 00:03:59,360 Speaker 9: Level of threat that lawmakers are exposed to is just unacceptable, 86 00:03:59,440 --> 00:04:01,920 Speaker 9: and that we have to find a way of ratcheting 87 00:04:02,000 --> 00:04:02,920 Speaker 9: down this. 88 00:04:04,360 --> 00:04:09,160 Speaker 3: This just intensity you reckon. Finally, restaurant trouble for years, 89 00:04:09,240 --> 00:04:12,680 Speaker 3: Saburino de Botanist. This is in Madrid has held Beginner's 90 00:04:12,680 --> 00:04:14,960 Speaker 3: world record for being the oldest restaurant. There's three hundred, 91 00:04:15,480 --> 00:04:18,040 Speaker 3: but now it's heaven. Also in Madrid on the outskirts, 92 00:04:18,080 --> 00:04:21,280 Speaker 3: in fact called Casa Pedro is making the claim they're 93 00:04:21,279 --> 00:04:23,680 Speaker 3: actually three hundred and twenty three. They said, look at 94 00:04:23,720 --> 00:04:27,040 Speaker 3: the logo Casa Pedro since seventeen oh two. I wouldn't 95 00:04:27,040 --> 00:04:28,640 Speaker 3: have thought that was out. How to drum up anyway, 96 00:04:28,680 --> 00:04:29,920 Speaker 3: this said, look at the little bit of the logo 97 00:04:30,040 --> 00:04:32,560 Speaker 3: Cassa Pedros and seventeen oh two. So far a private 98 00:04:32,600 --> 00:04:35,960 Speaker 3: investigator has traced its lineage back to seventeen fifty, which 99 00:04:36,040 --> 00:04:37,840 Speaker 3: isn't three hundred and twenty three years ago or even 100 00:04:37,880 --> 00:04:39,800 Speaker 3: three hundred years ago. So others in our offering to 101 00:04:39,880 --> 00:04:41,320 Speaker 3: help and they crack it. We will let you in 102 00:04:41,440 --> 00:04:44,480 Speaker 3: on us a little world. In nineteen yeah, the G 103 00:04:44,680 --> 00:04:47,800 Speaker 3: seven no communicat all. Mike Carney's running this one, which 104 00:04:47,800 --> 00:04:49,679 Speaker 3: will be quite something for a brand new prime minister. 105 00:04:49,760 --> 00:04:52,120 Speaker 3: Of course, he's decided to abandon the annual practice of 106 00:04:52,200 --> 00:04:55,320 Speaker 3: issuing a joint statement or communicat They are a bit 107 00:04:55,400 --> 00:04:58,320 Speaker 3: worried about somebody mentioning Canada being the fifty first state 108 00:04:58,480 --> 00:05:02,320 Speaker 3: and taking over Greenland, so they thought, let's just let 109 00:05:02,400 --> 00:05:05,400 Speaker 3: that communication slide. This time. Around twelve past six. 110 00:05:07,360 --> 00:05:12,000 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio Call 111 00:05:12,120 --> 00:05:13,280 Speaker 1: It by News talks. 112 00:05:13,000 --> 00:05:17,760 Speaker 3: Eb War's good for the unloved US dollar. I note 113 00:05:17,760 --> 00:05:20,160 Speaker 3: the dollar index over the weekend is about ninety eight 114 00:05:20,200 --> 00:05:22,080 Speaker 3: point three to three, which is higher, of course, so 115 00:05:22,560 --> 00:05:24,640 Speaker 3: a bit over sold, a bit undervalued of Lake done 116 00:05:24,680 --> 00:05:27,560 Speaker 3: that seems to have been momentarily rectified. Fourteen past six 117 00:05:29,720 --> 00:05:31,240 Speaker 3: deven Fund Management Brig Smith. 118 00:05:31,080 --> 00:05:33,400 Speaker 10: Morning to you moreing to Mic of course, the other 119 00:05:33,480 --> 00:05:34,240 Speaker 10: thing with war is. 120 00:05:34,400 --> 00:05:35,520 Speaker 3: The oil goes through the roof. 121 00:05:36,200 --> 00:05:38,760 Speaker 11: Yeah, absolutely, Yeah. Creude prices they sowed as much as 122 00:05:38,880 --> 00:05:42,480 Speaker 11: fourteen percent on Friday, so they've gone back above seventy 123 00:05:42,520 --> 00:05:46,000 Speaker 11: bucks a barrow. So obviously, real concerns about tensions in 124 00:05:46,040 --> 00:05:51,000 Speaker 11: the region generally and also specifically their impact on energy supplies. 125 00:05:51,120 --> 00:05:57,040 Speaker 11: So RAN's the third largest producer OPEK and you look 126 00:05:57,080 --> 00:05:58,680 Speaker 11: at the Middle East, that's around about a third of 127 00:05:59,000 --> 00:06:02,600 Speaker 11: global or supply. So yeah, also suppose a thread of 128 00:06:02,720 --> 00:06:06,800 Speaker 11: escalation whether energy infrastructure will broadly will be targeted. So yeah, 129 00:06:07,000 --> 00:06:09,680 Speaker 11: you certainly might move on from trade wars to real wars. 130 00:06:09,800 --> 00:06:12,440 Speaker 11: Might see, we don't hope this doesn't escalate, but ye're 131 00:06:12,480 --> 00:06:14,839 Speaker 11: looking at the supply side on the oil I suppose 132 00:06:14,880 --> 00:06:18,159 Speaker 11: there's also concerned about retaliatory measures aimed at the Strait 133 00:06:18,200 --> 00:06:21,200 Speaker 11: of Humus, so now a waterway that separates around from 134 00:06:21,240 --> 00:06:24,159 Speaker 11: the Gulf State, so it's a major conduit of course, 135 00:06:24,279 --> 00:06:26,839 Speaker 11: handles around about twenty percent of global flows. We've obviously 136 00:06:26,880 --> 00:06:29,919 Speaker 11: seen militants, you know, sort of disrupting things in the past, 137 00:06:29,960 --> 00:06:32,240 Speaker 11: but never sort of a full full scale blockage, so 138 00:06:32,560 --> 00:06:35,960 Speaker 11: that would certainly have an impact. So yeah, hence we're 139 00:06:35,960 --> 00:06:39,760 Speaker 11: seeing the all prices there, so of course an evolving situation. Yeah, 140 00:06:39,800 --> 00:06:42,840 Speaker 11: these geopolical risks obviously have occurred in the past that 141 00:06:42,960 --> 00:06:46,040 Speaker 11: it typically don't have a long term impact on oil, 142 00:06:46,120 --> 00:06:47,839 Speaker 11: but they certainly do have an impact, and there's an 143 00:06:47,920 --> 00:06:51,000 Speaker 11: argument that OPEC could increase supply to an extent, but yeah, 144 00:06:51,040 --> 00:06:53,880 Speaker 11: there's sort of concerns now that this could see all 145 00:06:53,960 --> 00:06:55,920 Speaker 11: go above one hundred dollars that We've even had one 146 00:06:55,960 --> 00:06:58,960 Speaker 11: major investment bank saying that this strait was impacted, that 147 00:06:59,080 --> 00:07:01,520 Speaker 11: could go to one third. So hopefully we don't see that. 148 00:07:02,160 --> 00:07:04,000 Speaker 11: The reality as well, it's going to put pressure back 149 00:07:04,040 --> 00:07:07,000 Speaker 11: on headlight inflation, of course. Yeah, falling all price that's 150 00:07:07,000 --> 00:07:08,640 Speaker 11: been a big story this year. It was eighty dollars 151 00:07:08,640 --> 00:07:10,840 Speaker 11: at the start of the year, it dropped around sixty, 152 00:07:10,880 --> 00:07:12,760 Speaker 11: but it's now sort of heading the other way. So 153 00:07:12,840 --> 00:07:14,200 Speaker 11: we certainly need to watch this closely. 154 00:07:14,400 --> 00:07:16,440 Speaker 3: Indeed, we do. And before all that happened, of course, 155 00:07:16,480 --> 00:07:19,400 Speaker 3: the US consumer read came in and they've sort of 156 00:07:19,440 --> 00:07:22,320 Speaker 3: got over themselves and came back to normal sort of. 157 00:07:23,040 --> 00:07:23,200 Speaker 12: Yeah. 158 00:07:23,200 --> 00:07:26,120 Speaker 11: Absolutely obviously predated what we've seen in recent days. But yeah, 159 00:07:26,120 --> 00:07:28,760 Speaker 11: the University of Michigan survey that ticked up in June 160 00:07:28,800 --> 00:07:31,080 Speaker 11: sixty point five that was well aheaded best. It's fifty 161 00:07:31,120 --> 00:07:34,000 Speaker 11: four was up sixteen percent on a month ago. So 162 00:07:34,040 --> 00:07:36,200 Speaker 11: I suppose you know, it's because all the Trump rhetorics 163 00:07:36,200 --> 00:07:38,960 Speaker 11: sort of calmed down and Tako has been alive and 164 00:07:39,040 --> 00:07:42,120 Speaker 11: well and the White House's back traed on thread after thread, 165 00:07:42,160 --> 00:07:43,760 Speaker 11: and it has been paused in place and deal with 166 00:07:43,800 --> 00:07:46,840 Speaker 11: sorts of China. So I think it's all about that. Yeah, 167 00:07:46,880 --> 00:07:52,040 Speaker 11: con US consumers less pessimistic and also less pessimistic about inflation. 168 00:07:52,120 --> 00:07:54,560 Speaker 11: In fact, on the one year outlook for inflation, it's 169 00:07:54,600 --> 00:07:57,400 Speaker 11: got to levels not seince nineteen eighty one, so it 170 00:07:57,520 --> 00:08:00,440 Speaker 11: slid to five point one percent. That's all one point 171 00:08:00,480 --> 00:08:03,720 Speaker 11: five percentage drop. The five year you edge to lower 172 00:08:03,760 --> 00:08:06,520 Speaker 11: to four point one percent. So yeah, US consumers have 173 00:08:06,680 --> 00:08:09,080 Speaker 11: been feeling better about the here and now current conditions 174 00:08:09,120 --> 00:08:14,160 Speaker 11: that jumped eight percent. Future expectations that sawed twenty two percent. 175 00:08:14,800 --> 00:08:16,720 Speaker 11: But look, just to give it some context as well, 176 00:08:16,800 --> 00:08:20,320 Speaker 11: might there are still some concerns about the downside risks 177 00:08:20,360 --> 00:08:22,920 Speaker 11: to the economy. So most of those cement sentiment indices, 178 00:08:22,960 --> 00:08:25,960 Speaker 11: while they've picked up, still well below the year ago reading. 179 00:08:26,080 --> 00:08:29,200 Speaker 11: Inflation expectations are still above that seed in the second 180 00:08:29,240 --> 00:08:31,720 Speaker 11: half of twenty twenty four, And of course now we 181 00:08:31,880 --> 00:08:35,599 Speaker 11: have rising energy prices to contend with. So yeah, we 182 00:08:35,679 --> 00:08:38,400 Speaker 11: did have those couple of soft inflation prints last week, 183 00:08:38,440 --> 00:08:40,640 Speaker 11: which we talked about, but you'd have to think that 184 00:08:41,160 --> 00:08:42,880 Speaker 11: energy and what's going on in the Middle East will 185 00:08:42,920 --> 00:08:45,439 Speaker 11: be of concern to the feed as well. They meet 186 00:08:45,480 --> 00:08:47,600 Speaker 11: this week. It's hard to see them adopting anything other 187 00:08:47,679 --> 00:08:49,120 Speaker 11: than a wait and see approach. 188 00:08:49,320 --> 00:08:51,920 Speaker 3: Now back here, what happened? For goodness sake, they've been 189 00:08:52,000 --> 00:08:54,320 Speaker 3: going so well, but manufacturing seems to have hit a wall. 190 00:08:54,800 --> 00:08:56,720 Speaker 11: Yeah, that's right. I mean, we thought we'd turn the corner, 191 00:08:56,800 --> 00:08:57,079 Speaker 11: didn't we. 192 00:08:57,160 --> 00:08:58,320 Speaker 8: But yeah. 193 00:08:58,320 --> 00:09:00,360 Speaker 11: The ben Z Business newsum Performance of Men in Affection 194 00:09:00,520 --> 00:09:03,600 Speaker 11: report was titled back in the red, so that gives 195 00:09:03,640 --> 00:09:05,720 Speaker 11: you a bit of a clue. But after four months 196 00:09:05,760 --> 00:09:08,480 Speaker 11: of expansion, we're back in contraction modes. It was forty 197 00:09:08,559 --> 00:09:11,440 Speaker 11: seven point five, so that's below the powering of fifty. 198 00:09:11,480 --> 00:09:14,440 Speaker 11: It's down from fifty three point three in April. New 199 00:09:14,600 --> 00:09:17,720 Speaker 11: orders are contracting employment that have been doing pretty well 200 00:09:17,800 --> 00:09:21,040 Speaker 11: February through April, but that's actually back at its lowest 201 00:09:21,080 --> 00:09:24,600 Speaker 11: level of activity since July twenty twenty four. And yeah, 202 00:09:24,640 --> 00:09:27,599 Speaker 11: the comments always are pretty insightful, Mike and Sidian. A 203 00:09:27,679 --> 00:09:30,160 Speaker 11: number of negative comments was fifty eight percent in April. 204 00:09:30,280 --> 00:09:34,360 Speaker 11: That's jumped to sixty five percent. Manufacturers that are concerned 205 00:09:34,360 --> 00:09:38,920 Speaker 11: about lots of things falling demand, weak orders, low business confidence. Obviously, 206 00:09:38,920 --> 00:09:41,199 Speaker 11: we've got economic uncertainty, we've got more techning in the 207 00:09:41,240 --> 00:09:43,920 Speaker 11: Middle East there and consumer spending, so this isn't going 208 00:09:43,960 --> 00:09:46,599 Speaker 11: to help our economy. I noticed quite a few commentators 209 00:09:46,679 --> 00:09:48,040 Speaker 11: saying that, you know, we're going to get the strong 210 00:09:48,120 --> 00:09:50,760 Speaker 11: GDP print this week. It could be around point seven 211 00:09:50,760 --> 00:09:53,079 Speaker 11: percent in the March core and the RBN central pause. 212 00:09:54,040 --> 00:09:56,839 Speaker 11: I think there's a pretty obvious counter argument to that. 213 00:09:57,000 --> 00:10:01,240 Speaker 11: This March callter GDP is out of date. Pre Liberation Day, 214 00:10:01,920 --> 00:10:04,920 Speaker 11: farmers and tourism. They're doing well, which is fantastic, but 215 00:10:05,120 --> 00:10:09,320 Speaker 11: our economy is doing it tough. Ask anyone in retail, construction, 216 00:10:09,720 --> 00:10:12,400 Speaker 11: school leavers trying to get an apprenticeship, or anyone trying 217 00:10:12,440 --> 00:10:14,720 Speaker 11: to sell anything of value on tradeing things. 218 00:10:14,600 --> 00:10:15,200 Speaker 3: Are pretty tough. 219 00:10:15,800 --> 00:10:17,800 Speaker 11: We probably will get a good gen people this week, 220 00:10:17,920 --> 00:10:19,959 Speaker 11: but I still think the case is there for more 221 00:10:20,000 --> 00:10:21,160 Speaker 11: rate cuts if anything. 222 00:10:21,280 --> 00:10:22,439 Speaker 3: All right, mate, what are the numbers? 223 00:10:23,360 --> 00:10:26,000 Speaker 11: So the DORET was down one point eight percent on 224 00:10:26,240 --> 00:10:28,640 Speaker 11: Friday forty two one nine seven on those events we 225 00:10:28,720 --> 00:10:30,320 Speaker 11: see in the Middle East. S and P five hundred 226 00:10:30,520 --> 00:10:32,199 Speaker 11: was actually up point four percent for the week, but 227 00:10:32,280 --> 00:10:34,360 Speaker 11: down one point one percent on Friday, and there's Deck 228 00:10:34,400 --> 00:10:37,680 Speaker 11: down one point three percent, Footy one hundred down point 229 00:10:37,800 --> 00:10:40,680 Speaker 11: four percent, Asex two hundred down point two percent, Intertex 230 00:10:40,720 --> 00:10:42,719 Speaker 11: fifty we were down point eight percent, twelve five to 231 00:10:42,760 --> 00:10:45,439 Speaker 11: five to two. He mentioned safe haven buying. Gold was 232 00:10:45,520 --> 00:10:48,439 Speaker 11: doing it as well, up fifty dollars three four three five, 233 00:10:48,520 --> 00:10:52,240 Speaker 11: and ounce oil up five dollars up, finished up seven 234 00:10:52,280 --> 00:10:55,160 Speaker 11: point three percent, that's seventy three even a barrel. And 235 00:10:55,280 --> 00:10:58,320 Speaker 11: the currency markets, the US STYLL was obviously strong, as 236 00:10:58,360 --> 00:11:01,440 Speaker 11: you mentioned against the Kiwi sixty point two. Strayan dollar 237 00:11:01,559 --> 00:11:04,160 Speaker 11: q is ninety two point seven lower as well, forty 238 00:11:04,200 --> 00:11:06,880 Speaker 11: four point three against Stirling down point seven percent, and 239 00:11:06,960 --> 00:11:09,720 Speaker 11: the Japanese yen eighty six point seven down a half percent. 240 00:11:09,800 --> 00:11:13,160 Speaker 11: So this week plenty going on services data. We've got 241 00:11:13,440 --> 00:11:16,520 Speaker 11: consumer confidence here and have a dairy auction. M mobs 242 00:11:16,760 --> 00:11:19,600 Speaker 11: got their first called GDP offshore. Obviously the G seven 243 00:11:19,600 --> 00:11:22,199 Speaker 11: as you mentioned, some China and US started. But yeah're 244 00:11:22,200 --> 00:11:23,640 Speaker 11: gonna be a lot of interest in what the Bank 245 00:11:23,679 --> 00:11:25,440 Speaker 11: of Japan does, bankland and of. 246 00:11:25,440 --> 00:11:26,080 Speaker 13: Course the Fed. 247 00:11:26,440 --> 00:11:30,959 Speaker 3: Busy time seed tomorrow. Greg Smith Deman Funds Management cosgy 248 00:11:31,080 --> 00:11:35,760 Speaker 3: Ripco near a thirty million dollar profit, very successful company. Ripco. 249 00:11:36,080 --> 00:11:37,960 Speaker 3: They double the profit since twenty nineteen. They get one 250 00:11:38,000 --> 00:11:40,079 Speaker 3: hundred and twenty eight stores around this beautiful country of ours. 251 00:11:40,120 --> 00:11:42,800 Speaker 3: At the moment, revenue gone from three seventy seven back 252 00:11:42,880 --> 00:11:45,400 Speaker 3: in twenty nineteen to five hundred and sixty eighty. Profit 253 00:11:45,440 --> 00:11:47,800 Speaker 3: increase from fourteen million to twenty nine point seven million. 254 00:11:48,120 --> 00:11:50,480 Speaker 3: People love cars, and they love bits that go on 255 00:11:50,679 --> 00:11:55,240 Speaker 3: cars and bits that clean cars. Ripco's running with some 256 00:11:55,360 --> 00:11:57,480 Speaker 3: of that good news six twenty one here at News 257 00:11:57,520 --> 00:12:00,959 Speaker 3: talks eb You come girl. 258 00:12:00,840 --> 00:12:01,840 Speaker 2: I don't mind. 259 00:12:03,320 --> 00:12:07,600 Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio now 260 00:12:07,679 --> 00:12:08,800 Speaker 1: ad By News Talks at Me. 261 00:12:09,880 --> 00:12:12,280 Speaker 3: Yeah, come back to the GDP numbers. Greg's been very 262 00:12:12,360 --> 00:12:14,680 Speaker 3: consistent and he deserves credit for it, along with Jared 263 00:12:14,720 --> 00:12:17,480 Speaker 3: at Kiey Bank, and he's for a long period of 264 00:12:17,520 --> 00:12:21,160 Speaker 3: time said things are worse than we appear to think 265 00:12:21,840 --> 00:12:24,640 Speaker 3: and the RB needs to do more. And I'm increasingly 266 00:12:24,720 --> 00:12:26,640 Speaker 3: of the view that they are right and the others 267 00:12:26,640 --> 00:12:28,120 Speaker 3: are wrong. But let me come back to that. If 268 00:12:28,120 --> 00:12:31,480 Speaker 3: you're not watching the Montreal Race, it's not going well 269 00:12:31,520 --> 00:12:33,760 Speaker 3: for Liam. He started in the pit, and he started 270 00:12:33,800 --> 00:12:35,040 Speaker 3: in the pit because he was at the back of 271 00:12:35,080 --> 00:12:37,120 Speaker 3: the field and sometimes when they decide you're at the 272 00:12:37,120 --> 00:12:38,599 Speaker 3: back of the field, they throw a new engine and 273 00:12:38,640 --> 00:12:41,120 Speaker 3: bits and pieces in the car and they take a 274 00:12:41,160 --> 00:12:43,480 Speaker 3: grid penalty. So he started once again from the pit lane. 275 00:12:43,520 --> 00:12:47,880 Speaker 3: So that's basically his race done and dusted. Russell got pole, 276 00:12:48,320 --> 00:12:50,760 Speaker 3: he took off. Well, it's not representive at the moment. 277 00:12:50,880 --> 00:12:52,800 Speaker 3: Norris is leading, but they've started petting. It's a two 278 00:12:52,880 --> 00:12:56,559 Speaker 3: stopper and they've started petting. So currently Norris leads, but 279 00:12:56,640 --> 00:13:00,800 Speaker 3: Russell was leading and leading relatively well. So potentially for Mercedes, 280 00:13:00,920 --> 00:13:02,760 Speaker 3: is going to be a very good day. Well, I'm interested. 281 00:13:02,800 --> 00:13:05,680 Speaker 3: Funnily enough, in Montreal, they go there earlier next year. 282 00:13:06,320 --> 00:13:08,640 Speaker 3: Last year was a disaster because it rained and it 283 00:13:08,760 --> 00:13:11,760 Speaker 3: flooded and it was just as shambles. This year is beautiful, 284 00:13:11,880 --> 00:13:15,080 Speaker 3: but earlier. I can get two degrees in Montreal when 285 00:13:15,120 --> 00:13:17,439 Speaker 3: they go there next year, which is not conducive to 286 00:13:17,520 --> 00:13:19,200 Speaker 3: motor racing, I would have thought. So it's a big call. 287 00:13:19,520 --> 00:13:22,360 Speaker 3: It's all part of there. I want to be environmentally conscious. 288 00:13:22,400 --> 00:13:25,600 Speaker 3: So they can go to the back of Miami truck 289 00:13:25,679 --> 00:13:27,800 Speaker 3: the parts from Miami up to Montreal and do it 290 00:13:27,840 --> 00:13:29,760 Speaker 3: earlier next year. So it'll be interesting, very nice town 291 00:13:29,760 --> 00:13:31,719 Speaker 3: in Montreal. The moment, clear blue Sky's in twenty five 292 00:13:31,800 --> 00:13:33,200 Speaker 3: degrees six twenty five. 293 00:13:33,480 --> 00:13:37,760 Speaker 1: Trending now with Chemist's Warehouse, the real House of vitamins. 294 00:13:37,840 --> 00:13:39,680 Speaker 3: Now, while we're on the subject of sport in the AFL, 295 00:13:39,920 --> 00:13:42,719 Speaker 3: as in football across the Tasmans and Kilda, there's a 296 00:13:42,960 --> 00:13:47,640 Speaker 3: killder sponsor. He's going viral, very unathletic injury. His name 297 00:13:47,720 --> 00:13:49,760 Speaker 3: is nic Harrison. He's doing the coin toss. That's all 298 00:13:49,800 --> 00:13:52,800 Speaker 3: he's doing. He's just standing there doing a coin toss. 299 00:13:52,880 --> 00:13:54,920 Speaker 3: This is for some kilder in the Western Bulldogs game. 300 00:13:55,200 --> 00:13:58,080 Speaker 3: He steps forward to flip the coin. As he steps forward, 301 00:13:58,080 --> 00:14:01,719 Speaker 3: he grabs his HEMI limp off. It's been confirmed he 302 00:14:01,800 --> 00:14:04,679 Speaker 3: had seriously strained his hamstring and he had to go 303 00:14:04,760 --> 00:14:07,679 Speaker 3: to physio for seven weeks. Anyway, Channel seven he ended 304 00:14:07,720 --> 00:14:08,920 Speaker 3: up catching up with them yesterday. 305 00:14:09,240 --> 00:14:11,360 Speaker 14: Probably no me to think I could just go out 306 00:14:11,400 --> 00:14:13,240 Speaker 14: and toss the coin without any preparation. 307 00:14:13,360 --> 00:14:15,960 Speaker 2: I paid the price. It's a foolish mistake. How long 308 00:14:15,960 --> 00:14:18,599 Speaker 2: do you think you're out for. I'm probably going to 309 00:14:18,679 --> 00:14:19,760 Speaker 2: miss six or seven tosses. 310 00:14:19,800 --> 00:14:23,400 Speaker 15: I guess it is the first coin toss related injury 311 00:14:23,480 --> 00:14:23,960 Speaker 15: this season. 312 00:14:25,600 --> 00:14:28,080 Speaker 3: And you got to watch the video because it's the 313 00:14:28,200 --> 00:14:31,160 Speaker 3: most He's not even doing anything and as he literally 314 00:14:31,240 --> 00:14:35,200 Speaker 3: flips the coin up, he grabs the hamming weirdest thing. 315 00:14:36,000 --> 00:14:39,200 Speaker 3: Speaking of economics, Lucy Ellis is the Westpac Group as 316 00:14:39,280 --> 00:14:40,920 Speaker 3: and she comes out of Australia. She happens to be 317 00:14:40,960 --> 00:14:42,640 Speaker 3: in the country at the moment, so we thought we'd 318 00:14:42,680 --> 00:14:44,560 Speaker 3: tap into some of her expertise. I mean, there is 319 00:14:44,720 --> 00:14:46,840 Speaker 3: so much going on in the world at the moment 320 00:14:47,360 --> 00:14:50,040 Speaker 3: it makes your headspin. And this is against the backdrop, 321 00:14:50,080 --> 00:14:51,720 Speaker 3: of course, of the Prime Minister leading the country to 322 00:14:52,360 --> 00:14:54,600 Speaker 3: go to China, have a word with she and then 323 00:14:54,760 --> 00:14:57,880 Speaker 3: head on to to NATO. So here's Willis after seven thirty. 324 00:14:57,920 --> 00:15:00,720 Speaker 3: But we'll talk some economics after the news, which is next. 325 00:15:01,040 --> 00:15:02,200 Speaker 3: Your news talks hed been. 326 00:15:06,120 --> 00:15:13,920 Speaker 2: The setting the agenda and talking the big issues. 327 00:15:14,320 --> 00:15:17,960 Speaker 1: The Mike Hosking breakfast with Bailey's real Estate doing real 328 00:15:18,040 --> 00:15:21,400 Speaker 1: estate differently since nineteen seventy three News talks head be. 329 00:15:21,480 --> 00:15:23,040 Speaker 3: You'll raise it with the Prime Minister in about an 330 00:15:23,040 --> 00:15:25,440 Speaker 3: hour's time. But the Reserve Bank sees the GDP number 331 00:15:25,440 --> 00:15:27,520 Speaker 3: for Q one for this country at zero point four. 332 00:15:27,640 --> 00:15:29,200 Speaker 3: So where they got that number from, I've got no 333 00:15:29,320 --> 00:15:31,520 Speaker 3: idea in the general consensus from the banks is that 334 00:15:31,680 --> 00:15:33,840 Speaker 3: any reading above zero point four, which is what the 335 00:15:33,880 --> 00:15:36,360 Speaker 3: banks are telling us, that would increase the risk of 336 00:15:36,400 --> 00:15:38,640 Speaker 3: a pause in the easing cycle. So the next time 337 00:15:38,680 --> 00:15:41,920 Speaker 3: out from the RB, here's July next month, but West 338 00:15:41,960 --> 00:15:44,240 Speaker 3: Pac say zero point seven, as did the B and zaid. 339 00:15:44,240 --> 00:15:46,720 Speaker 3: The B and zaid they've got two further cuts coming 340 00:15:46,760 --> 00:15:49,800 Speaker 3: from the RB July and August, which would take us 341 00:15:49,800 --> 00:15:52,560 Speaker 3: to neutral at two seven five. But once again, especially 342 00:15:52,600 --> 00:15:54,880 Speaker 3: given the manufacturing numbers out on Friday, once again the 343 00:15:54,960 --> 00:15:58,240 Speaker 3: commentary is starting to run around the words of at 344 00:15:58,320 --> 00:16:00,800 Speaker 3: least a couple of cuts, if not more than two cuts, 345 00:16:00,840 --> 00:16:02,840 Speaker 3: if not possibly a fifty point it's so anyway more 346 00:16:02,880 --> 00:16:05,040 Speaker 3: for the Prime Minister shortly twenty three minutes away from 347 00:16:05,200 --> 00:16:09,640 Speaker 3: seven speaking of economics, with another war under way, of course, 348 00:16:09,880 --> 00:16:11,600 Speaker 3: are going to keep that in mind. The questions around 349 00:16:11,600 --> 00:16:14,520 Speaker 3: the uncertainty of the global economic or the global economy, 350 00:16:14,600 --> 00:16:17,520 Speaker 3: increase shipping through the Middle East, the price of oil 351 00:16:17,560 --> 00:16:21,160 Speaker 3: as spike. This is against the backdrop of already reduced 352 00:16:21,200 --> 00:16:24,600 Speaker 3: growth forecast due to things like tariffs. Now Westpact groups 353 00:16:24,720 --> 00:16:26,640 Speaker 3: are Chief economist Lucy Ellis happens to be in the 354 00:16:26,640 --> 00:16:28,800 Speaker 3: country with us this morning. Lucy, very good morning to you. 355 00:16:30,040 --> 00:16:30,800 Speaker 15: Good morning, Mike. 356 00:16:30,880 --> 00:16:31,520 Speaker 2: Great to be here. 357 00:16:31,960 --> 00:16:35,080 Speaker 3: Do you materially change your view of the world now 358 00:16:35,160 --> 00:16:37,040 Speaker 3: that Iran and Israel are going at it? 359 00:16:39,360 --> 00:16:42,480 Speaker 15: It's not clear that it's a material change to where 360 00:16:42,520 --> 00:16:48,640 Speaker 15: we already were, which is an increasing number of regional conflicts. 361 00:16:49,520 --> 00:16:54,640 Speaker 15: They're not necessarily spilling out into global conflict. But we've 362 00:16:54,720 --> 00:16:57,680 Speaker 15: seen Israel and Iran go at each other a couple 363 00:16:57,720 --> 00:17:03,000 Speaker 15: of times. We've got Russia having invaded Ukraine and that's 364 00:17:03,080 --> 00:17:05,800 Speaker 15: been going on for quite some time. We've also seen 365 00:17:05,880 --> 00:17:08,280 Speaker 15: Iran and Pakistan have to go at each other recently. 366 00:17:08,480 --> 00:17:11,560 Speaker 15: So I think where we're going to be seeing more 367 00:17:11,640 --> 00:17:16,080 Speaker 15: of these regional conflicts, and that's very worrisome. But I 368 00:17:16,200 --> 00:17:19,880 Speaker 15: think they do have a character of staying regional rather 369 00:17:20,000 --> 00:17:20,840 Speaker 15: than going global. 370 00:17:20,920 --> 00:17:21,400 Speaker 8: At the moment. 371 00:17:22,640 --> 00:17:24,200 Speaker 15: There are a lot of countries saying we want you 372 00:17:24,280 --> 00:17:27,480 Speaker 15: to de escalate, we want you to de escalate. You're 373 00:17:27,520 --> 00:17:31,359 Speaker 15: looking at the headlines this morning. It's quite clear Israel 374 00:17:31,480 --> 00:17:35,320 Speaker 15: has no intention of just de escalating. It has a 375 00:17:35,359 --> 00:17:40,480 Speaker 15: particular objective, which is to remove Iran's nuclear capability, and 376 00:17:41,040 --> 00:17:43,400 Speaker 15: it looks like it's going to keep going until that's done. 377 00:17:43,600 --> 00:17:45,840 Speaker 3: Economically, then do you worry more about the tariffs and 378 00:17:45,880 --> 00:17:47,200 Speaker 3: what may or may not happen there. 379 00:17:49,680 --> 00:17:53,320 Speaker 15: We've always said at Westpact that what the US had 380 00:17:53,359 --> 00:17:57,320 Speaker 15: initially announced was an act of economic self harm. It 381 00:17:57,480 --> 00:17:59,880 Speaker 15: was far too self destructive to stand at the level 382 00:18:00,560 --> 00:18:03,239 Speaker 15: that were originally announced, and so they were always going 383 00:18:03,280 --> 00:18:07,119 Speaker 15: to de escalate. And so you saw the US negotiating 384 00:18:07,200 --> 00:18:11,280 Speaker 15: with itself offering a cut and a carve out to 385 00:18:11,600 --> 00:18:15,199 Speaker 15: electronics when they realized how much an iPhone was going 386 00:18:15,280 --> 00:18:17,119 Speaker 15: to cost in the US if they went through with this. 387 00:18:17,680 --> 00:18:21,800 Speaker 15: We've seen this framework deal last week with China where 388 00:18:22,359 --> 00:18:24,879 Speaker 15: it does look like, well there will still be significant 389 00:18:25,000 --> 00:18:28,800 Speaker 15: tariffs on China in the US, but it's a lot 390 00:18:28,880 --> 00:18:32,560 Speaker 15: lower than what was announced initially. China has de escalated 391 00:18:33,240 --> 00:18:36,879 Speaker 15: its retaliation. I think the way to think about the 392 00:18:36,920 --> 00:18:39,760 Speaker 15: tariffs is this is still going to be something that 393 00:18:40,280 --> 00:18:42,120 Speaker 15: imposes harm on the US economy. 394 00:18:42,800 --> 00:18:44,040 Speaker 8: We will still see. 395 00:18:44,040 --> 00:18:48,200 Speaker 15: Trade patterns change to some extent, but other countries aren't 396 00:18:48,200 --> 00:18:51,720 Speaker 15: going to escalate. Other countries are not imposing tariffs back 397 00:18:51,760 --> 00:18:52,359 Speaker 15: on the US. 398 00:18:52,960 --> 00:18:54,879 Speaker 3: How much work has Elbow got this week as he 399 00:18:54,960 --> 00:18:56,920 Speaker 3: heads to Canada, to have a word with Trump given 400 00:18:56,960 --> 00:18:59,320 Speaker 3: your situation as a surplus from the American side of 401 00:18:59,359 --> 00:19:02,880 Speaker 3: the equation. Hence, you know Donald Trump's sentiment that he's 402 00:19:02,920 --> 00:19:05,159 Speaker 3: being ripped off and you've got your steel issues. Is 403 00:19:05,200 --> 00:19:08,120 Speaker 3: their business to be done there or we just would 404 00:19:08,240 --> 00:19:09,840 Speaker 3: have a clue how Trump runs things. 405 00:19:12,000 --> 00:19:14,199 Speaker 15: At some level, you almost don't want to draw attention 406 00:19:14,359 --> 00:19:18,159 Speaker 15: to yourselves. Australia, like New Zealand, has a ten percent tariff, 407 00:19:19,480 --> 00:19:22,199 Speaker 15: so you know, you guys, us and the penguins are 408 00:19:22,200 --> 00:19:25,480 Speaker 15: all being tariffed at the same level. A ten percent 409 00:19:25,600 --> 00:19:30,520 Speaker 15: tariff isn't really going to change minds about how much 410 00:19:30,600 --> 00:19:34,119 Speaker 15: to import from Australia and New Zealand, so you know, 411 00:19:34,560 --> 00:19:37,760 Speaker 15: this is not going to be particularly damaging to our 412 00:19:37,840 --> 00:19:41,000 Speaker 15: economy as a whole. The steel is a problem, but 413 00:19:41,119 --> 00:19:45,240 Speaker 15: that has already been the subject of considerable government support. 414 00:19:45,720 --> 00:19:47,800 Speaker 15: It's unlikely that we're going to be able to get 415 00:19:47,840 --> 00:19:51,760 Speaker 15: a carve out from the US just for steel and aluminium, 416 00:19:52,800 --> 00:19:55,840 Speaker 15: and in many respects these are things we can export 417 00:19:55,920 --> 00:19:56,800 Speaker 15: to other places. 418 00:19:57,320 --> 00:19:57,480 Speaker 8: You know. 419 00:19:57,600 --> 00:20:02,879 Speaker 15: The commodities that we do tend to export to the US, 420 00:20:04,080 --> 00:20:07,800 Speaker 15: things like beef, as does New Zealand, which they're going 421 00:20:07,880 --> 00:20:11,280 Speaker 15: to keep importing because we have grain fed beef that 422 00:20:11,440 --> 00:20:15,400 Speaker 15: makes back better hamburger patties, or we can direct it elsewhere. 423 00:20:15,920 --> 00:20:18,719 Speaker 15: We're certainly selling more beef to China since all this happened. 424 00:20:19,200 --> 00:20:20,919 Speaker 8: And of course there's also services. 425 00:20:21,280 --> 00:20:23,760 Speaker 15: You know, people may not be aware, but Australia had 426 00:20:23,800 --> 00:20:26,880 Speaker 15: a seven and a half billion dollar export industry called 427 00:20:26,960 --> 00:20:32,240 Speaker 15: software licensing. Things Canvorin, Lassian and wisetech all add up 428 00:20:32,320 --> 00:20:36,720 Speaker 15: to almost as much of an export industry as our 429 00:20:36,760 --> 00:20:39,879 Speaker 15: wheat exports last year. It's more than bali, it's more 430 00:20:39,960 --> 00:20:44,480 Speaker 15: than our aluminium industry. So those things aren't tariffed. And 431 00:20:44,720 --> 00:20:46,960 Speaker 15: so I think we need to just focus on the 432 00:20:47,080 --> 00:20:50,720 Speaker 15: less damaging parts of our relationship because drawing attention to 433 00:20:50,800 --> 00:20:52,320 Speaker 15: ourselves isn't going to help us wise. 434 00:20:52,359 --> 00:20:54,720 Speaker 3: Woods Lusie, appreciate you time very much. Lucy Ellis, who's 435 00:20:54,760 --> 00:20:58,160 Speaker 3: the Westpac Group chief economists. Eighteen minutes away from seven 436 00:20:58,320 --> 00:21:01,320 Speaker 3: pass games. Aeroplanes seem to be going well. Boeing they 437 00:21:01,400 --> 00:21:03,840 Speaker 3: had this thing called a twenty year forecast. How they 438 00:21:04,080 --> 00:21:05,720 Speaker 3: work out what they're going to need in twenty years, 439 00:21:05,720 --> 00:21:08,760 Speaker 3: I've got no idea, but they do. For commercial airllies. 440 00:21:08,760 --> 00:21:10,160 Speaker 3: This is the head of the Paris Air Show, which 441 00:21:10,200 --> 00:21:12,280 Speaker 3: is coming up. Forty three thousand, six hundred is the 442 00:21:12,359 --> 00:21:15,440 Speaker 3: number they've landed on. Forty three thousand, six hundred new 443 00:21:15,560 --> 00:21:20,840 Speaker 3: aeroplanes through to twenty forty four Airbus they've revised up 444 00:21:20,880 --> 00:21:23,480 Speaker 3: their demand to forty three thousand, four hundred and twenty. 445 00:21:23,560 --> 00:21:26,520 Speaker 3: That'll be thirty three thousand, three hundred single aisle aeroplanes. 446 00:21:26,600 --> 00:21:30,040 Speaker 3: That's seven three sevens, seventy eight hundred wide bodies, nine 447 00:21:30,160 --> 00:21:32,680 Speaker 3: hundred and fifty five factory built freighters, in fifteen hundred 448 00:21:32,680 --> 00:21:35,080 Speaker 3: and forty five regional jets. So it seems that despite 449 00:21:35,240 --> 00:21:38,000 Speaker 3: everything that's going on in the world, people love to fly. 450 00:21:38,320 --> 00:21:40,720 Speaker 3: People love the holiday, and for that you need a plane. 451 00:21:40,920 --> 00:21:41,680 Speaker 3: Seventeen to two. 452 00:21:42,600 --> 00:21:47,159 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered 453 00:21:47,240 --> 00:21:51,600 Speaker 1: by News Talks by. 454 00:21:49,920 --> 00:21:52,600 Speaker 3: A Credit where credits due to Jared Kerr at Kiwibank. 455 00:21:52,920 --> 00:21:55,240 Speaker 3: We maintain a sense of optimism for twenty twenty six. 456 00:21:55,320 --> 00:21:57,359 Speaker 3: You notice the change of narrative. They're not just from Jared, 457 00:21:57,400 --> 00:21:59,520 Speaker 3: but from everybody. This was like here in the middle 458 00:21:59,520 --> 00:22:03,000 Speaker 3: of June, things were supposed to be coming right. Led 459 00:22:03,040 --> 00:22:04,640 Speaker 3: a part of twenty five we're going to be moving. 460 00:22:04,720 --> 00:22:07,400 Speaker 3: Doesn't mean to say that we're not, but it looks 461 00:22:07,440 --> 00:22:10,520 Speaker 3: increasingly dark. So now he's talking about twenty twenty six, 462 00:22:10,600 --> 00:22:13,679 Speaker 3: so he says we need more. We need another seventy 463 00:22:13,720 --> 00:22:16,280 Speaker 3: five points from the Central Bank, but anyway more with 464 00:22:16,359 --> 00:22:16,920 Speaker 3: the Prime Minister. 465 00:22:17,000 --> 00:22:21,960 Speaker 16: Shortly fourteen two international correspondence with endsit Eye insurance, peace 466 00:22:22,040 --> 00:22:23,439 Speaker 16: of mind for New Zealand business. 467 00:22:23,600 --> 00:22:26,120 Speaker 10: If I would know, very good morning, good morning mine. 468 00:22:26,119 --> 00:22:27,639 Speaker 3: All right, So what does the US do about this? 469 00:22:27,800 --> 00:22:29,760 Speaker 3: If anything? Iran Israel we speak of, of. 470 00:22:29,840 --> 00:22:33,639 Speaker 7: Course, Well, Trump is injecting himself into talk about all 471 00:22:33,720 --> 00:22:37,680 Speaker 7: of this as the Israel Iran conflict deepens, both sides 472 00:22:37,720 --> 00:22:41,120 Speaker 7: launching daylight attacks today. In a telephone interview with American 473 00:22:41,160 --> 00:22:43,680 Speaker 7: ABC a short time ago, Trump saying the US is 474 00:22:43,760 --> 00:22:46,480 Speaker 7: not involved in Israel's military strikes, but then he added, 475 00:22:46,800 --> 00:22:48,720 Speaker 7: it is possible we could get involved. 476 00:22:49,240 --> 00:22:50,400 Speaker 3: So sit with that for a moment. 477 00:22:50,880 --> 00:22:53,359 Speaker 7: Iran already is asserting that the US is playing a 478 00:22:53,520 --> 00:22:56,200 Speaker 7: direct part, even as Michael Rubio, the Secretary of State 479 00:22:56,280 --> 00:22:56,920 Speaker 7: here says. 480 00:22:56,720 --> 00:22:57,040 Speaker 8: It is not. 481 00:22:57,200 --> 00:23:00,320 Speaker 7: And at the same time, Trump was quoted this grabbing 482 00:23:00,320 --> 00:23:03,639 Speaker 7: the initial Israeli strike as excellent, even a bit reports 483 00:23:03,680 --> 00:23:06,280 Speaker 7: that the US vetoed in Israeli plan to assassinate Iran 484 00:23:06,400 --> 00:23:11,040 Speaker 7: supremely dent Laotola Ali Kameni. On social media. Trump also 485 00:23:11,080 --> 00:23:14,120 Speaker 7: added this quote, If we are attacked in any way, 486 00:23:14,320 --> 00:23:16,680 Speaker 7: shape or formed by Iran, the full strength and weight 487 00:23:16,760 --> 00:23:19,359 Speaker 7: of the US armed forces will come down on you 488 00:23:19,480 --> 00:23:23,760 Speaker 7: at levels never seen before. Trump also is praising his 489 00:23:23,880 --> 00:23:26,720 Speaker 7: latest call with Russia's Putin, who offered himself as a 490 00:23:26,760 --> 00:23:32,080 Speaker 7: beast baker beast baker wow h no comment really. A 491 00:23:32,320 --> 00:23:34,960 Speaker 7: Washington human rights group talies at least four hundred and 492 00:23:35,000 --> 00:23:37,960 Speaker 7: six Iranians killed and six hundred and fifty four wounded. 493 00:23:38,119 --> 00:23:42,040 Speaker 7: Israel has struck an aerial refueling plane in eastern Iran today. 494 00:23:42,119 --> 00:23:45,520 Speaker 7: That's its longest range attacks so far, and says fourteen 495 00:23:45,600 --> 00:23:49,639 Speaker 7: nuclear officials have been killed in their attacks. Israel's ambassador 496 00:23:49,760 --> 00:23:52,560 Speaker 7: here and Michael Lighter, says his country's iron dome its 497 00:23:52,640 --> 00:23:55,479 Speaker 7: defenses are not catching everything. 498 00:23:55,680 --> 00:23:58,399 Speaker 4: There's about ten to fifteen percent of these ballistic missiles 499 00:23:58,440 --> 00:24:02,440 Speaker 4: that get through sustained significant attacks. 500 00:24:02,520 --> 00:24:03,240 Speaker 13: Last night, we have. 501 00:24:03,320 --> 00:24:05,959 Speaker 3: Over ten fatalities and one hundreds wounded. 502 00:24:06,480 --> 00:24:09,560 Speaker 7: Yeah, up to fifteen percent of Iranian strikes heading through 503 00:24:09,840 --> 00:24:13,520 Speaker 7: that is a lot, isn't it. He claims that Israel 504 00:24:13,840 --> 00:24:16,320 Speaker 7: can set back around's nuclear program by many years, But 505 00:24:16,440 --> 00:24:20,480 Speaker 7: one lingering question always is four doh the underground site 506 00:24:20,520 --> 00:24:23,240 Speaker 7: that Iran has built in recent times, a site that 507 00:24:23,320 --> 00:24:27,000 Speaker 7: can only be destroyed by American bunker busting bombs if 508 00:24:27,040 --> 00:24:27,920 Speaker 7: the US approves that. 509 00:24:28,359 --> 00:24:28,960 Speaker 13: So what next? 510 00:24:29,119 --> 00:24:33,280 Speaker 7: Israel is foreshadowing weeks of attacks, showing yet again starting 511 00:24:33,320 --> 00:24:36,840 Speaker 7: the wars straightforward, ending one way more difficult. 512 00:24:37,040 --> 00:24:41,119 Speaker 3: Indeed, where are we at in Minnesota? Well, not too far. 513 00:24:41,200 --> 00:24:43,960 Speaker 7: The search is widened for this individual from Minnesota, fifty 514 00:24:44,000 --> 00:24:47,159 Speaker 7: seven year old Vance Belta, who is wanted as the 515 00:24:47,240 --> 00:24:50,240 Speaker 7: alleged to sassion of a state politician and her husband 516 00:24:50,359 --> 00:24:53,080 Speaker 7: shot dead in their own home. You know, they used 517 00:24:53,080 --> 00:24:56,320 Speaker 7: to talk about Minnesota nice. That was a cliche the 518 00:24:56,400 --> 00:24:59,119 Speaker 7: courtesy of Minnesotan's where the police used to put their 519 00:24:59,119 --> 00:25:01,479 Speaker 7: home addresses on their web pages. I don't think they 520 00:25:01,520 --> 00:25:02,520 Speaker 7: want to do that anymore. 521 00:25:03,119 --> 00:25:03,239 Speaker 11: Now. 522 00:25:03,400 --> 00:25:06,240 Speaker 7: Former Speaker Melissa Hortman has been shot dead along with 523 00:25:06,359 --> 00:25:09,919 Speaker 7: her husband Mark, and at another home, a state senator 524 00:25:09,960 --> 00:25:12,520 Speaker 7: and his wife also have been shot multiple times are 525 00:25:12,560 --> 00:25:14,639 Speaker 7: in critical condition, just hanging ins. As a friend of 526 00:25:14,720 --> 00:25:18,040 Speaker 7: the Democratic Senator Amy Klovesha, who was especially close to 527 00:25:18,080 --> 00:25:22,000 Speaker 7: Melissa Hortman, whom she knew as a mum of young 528 00:25:22,119 --> 00:25:24,040 Speaker 7: children before she went into politics. 529 00:25:24,119 --> 00:25:26,119 Speaker 17: I got to know her then, and I saw how 530 00:25:26,240 --> 00:25:30,200 Speaker 17: she door knocked and knew practically every person in her district. 531 00:25:31,160 --> 00:25:34,280 Speaker 17: She was able to juggle being a Sunday school teacher, 532 00:25:34,440 --> 00:25:39,119 Speaker 17: being a Girl Scout leader, training service dogs for veterans. 533 00:25:39,440 --> 00:25:40,439 Speaker 10: They were able to. 534 00:25:40,480 --> 00:25:42,320 Speaker 17: Juggle it all, and maybe that's what helped her be 535 00:25:42,440 --> 00:25:45,840 Speaker 17: this incredible legislator who worked her way up to Speaker 536 00:25:45,880 --> 00:25:48,800 Speaker 17: of the House, who helped lead the efforts to pass 537 00:25:49,640 --> 00:25:54,720 Speaker 17: this incredible work on paid family leave, where Minnesota is 538 00:25:54,840 --> 00:25:57,000 Speaker 17: on the map in such a big way to help people, 539 00:25:57,320 --> 00:25:59,280 Speaker 17: or free school lunch. 540 00:26:00,000 --> 00:26:02,159 Speaker 7: The police confronted the suspect at the home of the 541 00:26:02,240 --> 00:26:04,800 Speaker 7: other victims, but he got away, and now they say, 542 00:26:04,880 --> 00:26:07,480 Speaker 7: don't approach him if he's seen. He left in his 543 00:26:07,560 --> 00:26:11,960 Speaker 7: car papers listing some seventy other potential targets along with 544 00:26:12,200 --> 00:26:16,120 Speaker 7: anti abortion materials. All this overshadowed the big Trump Parade Day, 545 00:26:16,160 --> 00:26:19,000 Speaker 7: which was well a dud. It rained on the Trump 546 00:26:19,040 --> 00:26:22,960 Speaker 7: military parade. Literally, the crowd was tiny, low energy, as 547 00:26:23,000 --> 00:26:26,520 Speaker 7: Trump might say. The front of the Lincoln Monument looked 548 00:26:26,560 --> 00:26:29,040 Speaker 7: like a local football game, not much more than that. 549 00:26:29,200 --> 00:26:31,920 Speaker 7: Many seats along the seventy four million dollar parade route 550 00:26:31,920 --> 00:26:35,439 Speaker 7: were empty. Trump looked pretty unhappy. Meantime. Some five million 551 00:26:35,520 --> 00:26:38,040 Speaker 7: people are estimated to have taken part in anti Trump 552 00:26:38,119 --> 00:26:41,680 Speaker 7: protests in twenty one hundred cities across the land, including 553 00:26:41,720 --> 00:26:44,680 Speaker 7: big crowds in Idaho and Texas, Red States, one hundred 554 00:26:44,720 --> 00:26:48,960 Speaker 7: thousand in Philadelphia, seventy five thousand in Chicago and in LA. 555 00:26:51,720 --> 00:26:56,359 Speaker 15: And unlike there were sixty six hundred troops in Washington, DC. 556 00:26:57,280 --> 00:27:03,880 Speaker 5: No one was ordered to be here, No rue. 557 00:27:04,000 --> 00:27:05,920 Speaker 18: Was paid to be here. 558 00:27:06,119 --> 00:27:08,520 Speaker 7: Yeah, that's been the Trump claim, and Trump himself seems 559 00:27:08,520 --> 00:27:11,840 Speaker 7: to be backing down from ice agents supporting undocumented farm 560 00:27:11,880 --> 00:27:15,320 Speaker 7: workers and restaurant workers. Those businesses are telling Trump now 561 00:27:15,359 --> 00:27:17,760 Speaker 7: they actually need those folks, many of whom have worked 562 00:27:17,800 --> 00:27:20,720 Speaker 7: in the kitchens and fields for decades. 563 00:27:20,840 --> 00:27:23,679 Speaker 3: See Wednesday Richard Arnold State Side nine to seven. 564 00:27:24,440 --> 00:27:28,080 Speaker 2: The Mic Hosking Breakfast with the Defender, octur News Togs. 565 00:27:27,880 --> 00:27:30,680 Speaker 3: Dead b jumped with the one forty one laps of 566 00:27:30,760 --> 00:27:34,080 Speaker 3: seventy gone. Everyone's petted it'll be a two stopper Lawcense 567 00:27:34,119 --> 00:27:35,840 Speaker 3: currently at the back of the field, but that doesn't 568 00:27:35,840 --> 00:27:37,840 Speaker 3: mean anything because he's only just put because they sent 569 00:27:37,920 --> 00:27:39,760 Speaker 3: him out on hard so that he could stay out 570 00:27:39,800 --> 00:27:42,800 Speaker 3: there longer. Russell is back in the lead by a 571 00:27:43,040 --> 00:27:45,879 Speaker 3: reasonable margin, so sure of the safety Carrot's probably his 572 00:27:46,040 --> 00:27:47,639 Speaker 3: to lose five minutes away from seven. 573 00:27:50,040 --> 00:27:51,320 Speaker 2: The ins and the outs. 574 00:27:51,640 --> 00:27:55,720 Speaker 1: It's the fizz with business fiber take your business productivity 575 00:27:55,800 --> 00:27:56,800 Speaker 1: to the next levels. 576 00:27:56,840 --> 00:27:59,200 Speaker 3: It's wire costs in the old grocery department. This is 577 00:27:59,200 --> 00:28:03,320 Speaker 3: the food stuff. The Infometric's grosses supplier index average increase 578 00:28:03,359 --> 00:28:05,119 Speaker 3: of two percent, so that's the third month in a 579 00:28:05,200 --> 00:28:08,359 Speaker 3: row of two percent increases. To get an average, though, 580 00:28:08,359 --> 00:28:11,560 Speaker 3: you need your ups and overs unders novers. Month on month, 581 00:28:11,600 --> 00:28:13,840 Speaker 3: we had twenty nine hundred products that increased in cost 582 00:28:13,920 --> 00:28:17,800 Speaker 3: to of those, seventeen percent increased by twenty percent or more. 583 00:28:18,080 --> 00:28:21,200 Speaker 3: You've got three main categories. You got chilled, bakery, and bulk. 584 00:28:22,359 --> 00:28:25,200 Speaker 3: Therely three categories highest increases. A lot of that impact 585 00:28:25,240 --> 00:28:28,000 Speaker 3: came from the first two categories. At your butter, your cheese, 586 00:28:28,280 --> 00:28:31,359 Speaker 3: your yoga. Commodity price Index is part of the report 587 00:28:31,400 --> 00:28:34,240 Speaker 3: shows the world commodity prices were up fifteen percent that's 588 00:28:34,280 --> 00:28:37,280 Speaker 3: in May alone. Dairies up twenty two percent for the year, 589 00:28:37,680 --> 00:28:41,200 Speaker 3: which is now sixty three percent higher than the start 590 00:28:41,280 --> 00:28:45,000 Speaker 3: of twenty nineteen, meets up sixteen harts up eight point 591 00:28:45,080 --> 00:28:47,840 Speaker 3: six All of that for New Zealand Inc. In selling 592 00:28:47,880 --> 00:28:50,800 Speaker 3: to the world's fantastic for a person with a trolley 593 00:28:50,840 --> 00:28:53,840 Speaker 3: wandering down Aisle six. Not so flash. Our import costs 594 00:28:53,920 --> 00:28:55,960 Speaker 3: will be felt by the consumer as well. Overall food 595 00:28:55,960 --> 00:28:57,800 Speaker 3: and beverage costs are eight percent higher in the March 596 00:28:57,880 --> 00:29:00,880 Speaker 3: quarter compared with last year. Vigia court prices are up 597 00:29:00,920 --> 00:29:03,520 Speaker 3: seven point two percent. But then I always argue it's 598 00:29:03,600 --> 00:29:05,360 Speaker 3: your inflation, isn't it. I mean, are you buy why 599 00:29:05,400 --> 00:29:07,920 Speaker 3: are you buying vegetables imported? So and vegetables that are 600 00:29:07,960 --> 00:29:10,600 Speaker 3: imported are up and you look at that and go, geez, 601 00:29:10,600 --> 00:29:13,440 Speaker 3: that's that California orange is a bit expensive. Maybe you 602 00:29:13,480 --> 00:29:15,440 Speaker 3: don't buy it. Therefore your cost of living doesn't go 603 00:29:15,560 --> 00:29:18,160 Speaker 3: off as much, so you know you can do a 604 00:29:18,240 --> 00:29:19,880 Speaker 3: bit about it, is what I'm saying, if you really 605 00:29:19,960 --> 00:29:22,200 Speaker 3: want to. Now there's business of body cameras for the police. 606 00:29:22,200 --> 00:29:24,000 Speaker 3: Are we behind the eight ball on this? I mean, 607 00:29:24,040 --> 00:29:26,280 Speaker 3: if people in supermarkets can do it why are the 608 00:29:26,320 --> 00:29:28,560 Speaker 3: police wandering around without body cameras and why has it 609 00:29:28,680 --> 00:29:31,280 Speaker 3: taking us this long to get this far? Minister or 610 00:29:31,320 --> 00:29:33,760 Speaker 3: police with us directly after the news, which is next 611 00:29:34,120 --> 00:29:35,200 Speaker 3: You're at newstalk s head be. 612 00:29:39,680 --> 00:29:42,680 Speaker 1: The breakfast show, Kiwi's Trust to Stay in the Know, 613 00:29:43,160 --> 00:29:47,560 Speaker 1: the Mic Hosking breakfast with our Veta Retirement Communities, Life 614 00:29:47,760 --> 00:29:49,920 Speaker 1: Your Way News Talks head by. 615 00:29:49,560 --> 00:29:51,600 Speaker 3: Seven past seven. So works underway to get our police 616 00:29:51,640 --> 00:29:53,959 Speaker 3: force equipped with body cameras. They're looking to do options 617 00:29:54,000 --> 00:29:56,440 Speaker 3: over the next year. Apparently the Police Minister Mark Mitchell 618 00:29:56,480 --> 00:29:59,120 Speaker 3: with us this Monday morning morning Mate, good morning. Why 619 00:30:00,080 --> 00:30:02,880 Speaker 3: is this a political decision an operational decision or both? 620 00:30:03,840 --> 00:30:07,200 Speaker 19: No, it is an operational decision. And on the appointment 621 00:30:07,240 --> 00:30:09,880 Speaker 19: of the new Commissioner, he was very clear that he 622 00:30:09,920 --> 00:30:12,080 Speaker 19: wanted to get feedback from the front line and start 623 00:30:12,120 --> 00:30:13,400 Speaker 19: looking at body cameras straight away. 624 00:30:13,440 --> 00:30:14,160 Speaker 8: And that's what he's doing. 625 00:30:14,280 --> 00:30:16,400 Speaker 3: And when we talk about options like, I mean, you 626 00:30:16,560 --> 00:30:17,880 Speaker 3: either do it or you don't. Doesn't it I mean 627 00:30:17,920 --> 00:30:19,200 Speaker 3: or are there are lots of options out there? 628 00:30:19,960 --> 00:30:22,440 Speaker 19: Oh, there might be different technical options out there. I mean, 629 00:30:22,520 --> 00:30:25,160 Speaker 19: we love as a government, we love technology. Last time 630 00:30:25,160 --> 00:30:27,800 Speaker 19: we're in government We've had a huge investment into technology 631 00:30:27,840 --> 00:30:30,800 Speaker 19: for our frontline police officers to allow them to get 632 00:30:30,800 --> 00:30:33,200 Speaker 19: out of the stations more and do more work out 633 00:30:33,240 --> 00:30:36,280 Speaker 19: on the street. That was very effective. But they'll have 634 00:30:36,360 --> 00:30:38,000 Speaker 19: to look at the different technology options. 635 00:30:38,240 --> 00:30:39,760 Speaker 3: Are we a bit late to the party on this? 636 00:30:39,800 --> 00:30:41,960 Speaker 3: Shouldn't our cops already have it in twenty twenty five? 637 00:30:42,840 --> 00:30:45,280 Speaker 19: Well, it is an operational decision. I personally like the 638 00:30:45,320 --> 00:30:48,800 Speaker 19: body cameras, but it is an operational decision for police. 639 00:30:49,600 --> 00:30:52,280 Speaker 19: But you know, the commissioner obviously, the incoming commissioner said 640 00:30:52,320 --> 00:30:54,400 Speaker 19: that he had obviously big focus on this. It's one 641 00:30:54,440 --> 00:30:57,400 Speaker 19: of the first things he spoke about. And so we'll 642 00:30:57,400 --> 00:30:59,240 Speaker 19: wait and see what happens they do in a review 643 00:30:59,280 --> 00:31:00,720 Speaker 19: now in terms of what best options are. 644 00:31:01,080 --> 00:31:03,120 Speaker 3: Is it preventative? And the reason I asked that in 645 00:31:03,240 --> 00:31:06,080 Speaker 3: supermarkets we've seen it as preventative, but I mean some 646 00:31:06,160 --> 00:31:07,960 Speaker 3: of the stuff that the police would deal with is 647 00:31:07,960 --> 00:31:10,920 Speaker 3: a lot more elevated than you know, an outgrow robber 648 00:31:10,960 --> 00:31:13,520 Speaker 3: and supermarket is it Will it actually make that much difference? 649 00:31:15,000 --> 00:31:16,120 Speaker 2: Well, I think it will. 650 00:31:16,240 --> 00:31:19,360 Speaker 19: I think yes, it's been quite successful in the supermarkets 651 00:31:19,360 --> 00:31:21,440 Speaker 19: because people see a camera there and they realize their 652 00:31:21,480 --> 00:31:24,360 Speaker 19: behavior has been captured and it's hard to argue with 653 00:31:24,480 --> 00:31:27,320 Speaker 19: what's or try and rewrite history when it's actually been recorded. 654 00:31:28,640 --> 00:31:29,040 Speaker 14: I like you. 655 00:31:29,240 --> 00:31:30,720 Speaker 19: I mean, I was still into a young consport was 656 00:31:30,760 --> 00:31:34,760 Speaker 19: assaulted in the Auckland CBD, you know, just to cowards 657 00:31:34,800 --> 00:31:36,560 Speaker 19: punch someone that'd come out drunk from the pub and 658 00:31:37,120 --> 00:31:39,640 Speaker 19: and that sort of stuff when it's recorded as compelling 659 00:31:39,680 --> 00:31:41,080 Speaker 19: evidence when it's put in front of court. 660 00:31:41,360 --> 00:31:43,520 Speaker 3: I guess, so you got a timeline on this other 661 00:31:43,640 --> 00:31:45,480 Speaker 3: than sometime this year or next year. 662 00:31:47,560 --> 00:31:50,959 Speaker 19: That so the Commissioner I think, is indicated they're going 663 00:31:51,000 --> 00:31:53,040 Speaker 19: to take twelve months to work through it. So yeah, 664 00:31:53,120 --> 00:31:55,080 Speaker 19: it'll be it's more likely to be next year. 665 00:31:55,240 --> 00:31:57,480 Speaker 3: While I've got you on this discretion thing and you're 666 00:31:57,520 --> 00:31:59,240 Speaker 3: typing and you're swimming and all of that. Have we 667 00:31:59,320 --> 00:32:01,400 Speaker 3: got to the bottom. Has this been sorted once and 668 00:32:01,480 --> 00:32:02,000 Speaker 3: for all or not? 669 00:32:02,720 --> 00:32:03,240 Speaker 2: Yes, we have. 670 00:32:03,920 --> 00:32:06,120 Speaker 19: So the Commissioner has come out clearly and stated that 671 00:32:06,240 --> 00:32:10,280 Speaker 19: there will be no discretion around standards in terms of 672 00:32:10,640 --> 00:32:15,280 Speaker 19: the recruiting process. We fully completely support that. Back under 673 00:32:15,280 --> 00:32:17,800 Speaker 19: the previous company, I was opposition. I raised this through 674 00:32:17,840 --> 00:32:20,000 Speaker 19: Select Committee and I said I do not like the 675 00:32:20,080 --> 00:32:23,840 Speaker 19: fact that you're looking at dropping standards in a service 676 00:32:23,880 --> 00:32:27,160 Speaker 19: and agency like the police, standards are extremely important and 677 00:32:27,320 --> 00:32:29,800 Speaker 19: must be maintained. So I was very happy to see 678 00:32:29,800 --> 00:32:32,600 Speaker 19: the commissioner come out and be unequivocal about. 679 00:32:32,360 --> 00:32:34,800 Speaker 3: That good stuff. Appreciate it. Mark Mitchell back Wednesday on 680 00:32:34,840 --> 00:32:36,800 Speaker 3: the program. Of course the police minister name and it's 681 00:32:36,840 --> 00:32:40,880 Speaker 3: past seven right, the strikes continue. Is Israel in Iran exchange? 682 00:32:40,920 --> 00:32:42,800 Speaker 3: Find that nyah who says the attack so far and 683 00:32:42,880 --> 00:32:45,320 Speaker 3: nothing compared with what is coming. Gideon Levy is the 684 00:32:45,800 --> 00:32:48,400 Speaker 3: journalist analysts with us from Tel Abeed. Gideon, morning to you, 685 00:32:49,760 --> 00:32:51,760 Speaker 3: Good morning to you. From all I've been able to 686 00:32:51,800 --> 00:32:53,800 Speaker 3: read over the weekend, the sense is this is a 687 00:32:53,880 --> 00:32:57,440 Speaker 3: fourteen day campaign with raging change in mind. Is that 688 00:32:57,640 --> 00:32:58,200 Speaker 3: fair or not? 689 00:33:00,320 --> 00:33:03,080 Speaker 12: It is fair, except of the limit of fourteen days, 690 00:33:03,320 --> 00:33:06,800 Speaker 12: it might be thought it might be four hundreds. You 691 00:33:06,920 --> 00:33:09,160 Speaker 12: know how it starts, you don't know how it will end. 692 00:33:10,720 --> 00:33:15,480 Speaker 12: Iran can take it for a long time Israel less, 693 00:33:16,600 --> 00:33:19,840 Speaker 12: but it might take I don't see right now, how 694 00:33:20,920 --> 00:33:21,560 Speaker 12: do we end it? 695 00:33:22,440 --> 00:33:24,120 Speaker 3: No, well, I was going to ask about that. In 696 00:33:24,240 --> 00:33:27,080 Speaker 3: general terms, the iron Dome seems to have worked to 697 00:33:27,200 --> 00:33:30,720 Speaker 3: a degree. The parts that haven't, how difficult. Has it 698 00:33:30,800 --> 00:33:31,680 Speaker 3: been over the weekend? 699 00:33:33,240 --> 00:33:39,760 Speaker 12: It was, including today, including yesterday. It is tough. It's 700 00:33:40,120 --> 00:33:43,120 Speaker 12: maybe the toughest to take over Israel of a civilian 701 00:33:43,240 --> 00:33:50,560 Speaker 12: Israel ever. But for the short term it is bearable. 702 00:33:51,360 --> 00:33:53,560 Speaker 12: What is unbearable if it will go on like this 703 00:33:53,760 --> 00:33:54,280 Speaker 12: for months? 704 00:33:55,240 --> 00:33:56,120 Speaker 3: Does anybody know? 705 00:33:56,280 --> 00:34:04,800 Speaker 12: Though everybody knows it. First of all, I can't not 706 00:34:05,000 --> 00:34:08,000 Speaker 12: to mention the fact that whatever we are going through 707 00:34:08,080 --> 00:34:11,600 Speaker 12: now is nothing compared to what the people of Gaza 708 00:34:11,680 --> 00:34:15,040 Speaker 12: went through in the last twenty months. Let's just put 709 00:34:15,080 --> 00:34:17,879 Speaker 12: it in our mind that what we are doing now 710 00:34:18,000 --> 00:34:21,560 Speaker 12: it's really a summer camp relatively to what they are 711 00:34:21,640 --> 00:34:24,719 Speaker 12: going through. But in any case, it is tough. It's 712 00:34:24,920 --> 00:34:27,400 Speaker 12: very tough, and I'm not sure that it's very societic 713 00:34:27,520 --> 00:34:30,319 Speaker 12: and handle it over a long period of time. 714 00:34:30,480 --> 00:34:33,440 Speaker 3: Yeah, how stretched is Israel by the time you deal 715 00:34:33,480 --> 00:34:36,520 Speaker 3: with Gaza and Iran and on the Gaza front, the 716 00:34:36,600 --> 00:34:40,520 Speaker 3: international community, the patients was worrying pretty thain. How stritched 717 00:34:40,560 --> 00:34:41,920 Speaker 3: does Israel at the moment. 718 00:34:43,680 --> 00:34:44,000 Speaker 8: It is? 719 00:34:45,400 --> 00:34:49,480 Speaker 12: It's the question is if you mean it militarily military 720 00:34:49,560 --> 00:34:52,640 Speaker 12: oa I think is where can handle it? Because in 721 00:34:52,840 --> 00:34:59,240 Speaker 12: Iran it's mainly almost only the air Force, so troops 722 00:34:59,280 --> 00:35:03,840 Speaker 12: are not on the growth, and the main force of 723 00:35:03,960 --> 00:35:07,840 Speaker 12: Israel is still in Gaza and continues to be and 724 00:35:07,960 --> 00:35:10,879 Speaker 12: continue to kill and continue to destruct on a daily 725 00:35:10,960 --> 00:35:17,480 Speaker 12: basis without any purpose. The problem is the society, the 726 00:35:17,600 --> 00:35:21,640 Speaker 12: civil society. We are now quite paralyzed. I mean nothing 727 00:35:21,800 --> 00:35:25,560 Speaker 12: is working, schools are not working, people at home. This 728 00:35:25,800 --> 00:35:28,960 Speaker 12: is very nice for a short period of time. It 729 00:35:29,080 --> 00:35:31,640 Speaker 12: will not be accepted here for a very long time. 730 00:35:31,719 --> 00:35:34,920 Speaker 12: The airports are closed. There's no way to get out 731 00:35:34,960 --> 00:35:37,480 Speaker 12: of Israel right now, no way to get into Israel. 732 00:35:38,160 --> 00:35:42,600 Speaker 12: Those are not normal realities and they cannot last for long. 733 00:35:43,200 --> 00:35:45,239 Speaker 3: Gidean, appreciate your time. Will stay in touch. Gibey and 734 00:35:45,360 --> 00:35:47,920 Speaker 3: Gideon Levy, who is an Israeli journalist, they had the 735 00:35:48,880 --> 00:35:50,560 Speaker 3: by the confidence I told you about last week. He 736 00:35:50,640 --> 00:35:52,680 Speaker 3: needed sixty one to get there and he got the 737 00:35:52,960 --> 00:35:55,000 Speaker 3: sixty one just I'm also reading out of the weekend. 738 00:35:55,040 --> 00:35:59,560 Speaker 3: Interestingly enough, Hamas have got some major leadership vacuum. Basically 739 00:35:59,760 --> 00:36:03,120 Speaker 3: all the Sinewars have been killed, and so this war 740 00:36:03,239 --> 00:36:08,840 Speaker 3: council that runs the place very secret, generally don't meet physically. 741 00:36:09,400 --> 00:36:11,560 Speaker 3: A lot of it's done over walky talkie, so it 742 00:36:11,640 --> 00:36:14,960 Speaker 3: can't be tracked or traced. But they've had been so 743 00:36:15,080 --> 00:36:20,480 Speaker 3: effective the Israelis and getting the leadership Hermasa stretched at 744 00:36:20,520 --> 00:36:22,680 Speaker 3: the moment themselves to the whole place, of course, is 745 00:36:22,719 --> 00:36:25,720 Speaker 3: a complete enoughing mess. Back home thirteen past seven Passki 746 00:36:25,840 --> 00:36:28,640 Speaker 3: government's made I don't know enough about the soul. I 747 00:36:28,719 --> 00:36:30,479 Speaker 3: need to bring myself up to speed. But this plus 748 00:36:30,560 --> 00:36:33,000 Speaker 3: six plus or minus six percent versus plus a minus 749 00:36:33,040 --> 00:36:36,839 Speaker 3: ten percent solar powers what we're talking about. Government made 750 00:36:36,840 --> 00:36:39,280 Speaker 3: the announcement over the weekend. So if you've got sola 751 00:36:39,440 --> 00:36:42,279 Speaker 3: and this moves me personally closer to getting solar, I'm 752 00:36:42,280 --> 00:36:45,120 Speaker 3: sort of interested in this now. And you export some 753 00:36:45,239 --> 00:36:47,279 Speaker 3: of it to the grid, and you were limited up 754 00:36:47,360 --> 00:36:49,239 Speaker 3: until now the plus or minus six percent, they're going 755 00:36:49,280 --> 00:36:50,800 Speaker 3: to change that to plus a minus ten percent. In 756 00:36:50,800 --> 00:36:52,800 Speaker 3: other words, it's like a tap or a hose. You 757 00:36:53,200 --> 00:36:55,680 Speaker 3: can export more of it. Therefore it makes it more affordable. 758 00:36:56,000 --> 00:36:58,320 Speaker 3: Therefore it makes it more appealing. Therefore, you know, the 759 00:36:58,320 --> 00:37:01,160 Speaker 3: whole thing becomes a tipping point. So we'll talk about 760 00:37:01,200 --> 00:37:02,600 Speaker 3: that with the Prime Minister when he joins us in 761 00:37:02,640 --> 00:37:06,440 Speaker 3: the studio in about twenty minutes fourteen past the. 762 00:37:06,560 --> 00:37:10,920 Speaker 1: Mic asking breakfast full show podcast on iHeartRadio powered by 763 00:37:11,000 --> 00:37:11,799 Speaker 1: News Talks a B. 764 00:37:12,560 --> 00:37:15,040 Speaker 3: Bad news from F one. Lilliams out power unit problem, 765 00:37:15,040 --> 00:37:17,160 Speaker 3: which is unfortunately giving. Most of the power unit was 766 00:37:17,200 --> 00:37:19,680 Speaker 3: brand new, hence he started from the pit. But because 767 00:37:19,719 --> 00:37:21,520 Speaker 3: it's brand new, I assume it's under warranty and they 768 00:37:21,560 --> 00:37:22,640 Speaker 3: can take it back and get a new. 769 00:37:22,560 --> 00:37:23,480 Speaker 8: One or not. 770 00:37:24,120 --> 00:37:27,040 Speaker 3: Seventeen past seven get another tweak to tourism. This time 771 00:37:27,080 --> 00:37:29,480 Speaker 3: we've got a visa waive, a trial scheme for Chinese 772 00:37:29,560 --> 00:37:32,359 Speaker 3: tourists if they're traveling through Australia. So Aaron Hunter's lawyer 773 00:37:32,360 --> 00:37:35,480 Speaker 3: at McVeigh Fleming who specialized in immigration law, Aaron, morning to. 774 00:37:35,520 --> 00:37:36,920 Speaker 18: You, Good morning Mike. 775 00:37:37,520 --> 00:37:39,480 Speaker 3: Does this work? Is this a game changer or a 776 00:37:39,600 --> 00:37:40,160 Speaker 3: tweak or what? 777 00:37:41,719 --> 00:37:41,920 Speaker 8: I think? 778 00:37:41,920 --> 00:37:44,680 Speaker 18: It's probably somewhere in between. It basically means those have 779 00:37:44,760 --> 00:37:47,320 Speaker 18: been through the Australian process or Australia have trusted with 780 00:37:47,600 --> 00:37:49,480 Speaker 18: a visit of visa or a student visa or a 781 00:37:49,560 --> 00:37:51,480 Speaker 18: week visa or a patch of visa. They can either 782 00:37:51,560 --> 00:37:53,600 Speaker 18: come to cy and as part of their hobbidays, or 783 00:37:53,640 --> 00:37:55,920 Speaker 18: if they're based on Australia, come across here as a 784 00:37:56,000 --> 00:37:56,840 Speaker 18: base of their hobbidays. 785 00:37:56,960 --> 00:37:59,640 Speaker 3: Okay, so yes, you would do the paperwork if you 786 00:37:59,719 --> 00:38:01,640 Speaker 3: were going to be a student or working there. I 787 00:38:01,760 --> 00:38:04,200 Speaker 3: get that part. Would you do the paperwork if only 788 00:38:04,239 --> 00:38:07,239 Speaker 3: you're a tourist and then go, well, since I've done Australia, 789 00:38:07,280 --> 00:38:09,719 Speaker 3: I'll flip through to New Zealand or not, or we 790 00:38:09,840 --> 00:38:10,160 Speaker 3: don't know. 791 00:38:11,560 --> 00:38:13,840 Speaker 18: I think it's we don't know. I think you're probably 792 00:38:13,880 --> 00:38:15,400 Speaker 18: going to have some sort of stats to those who 793 00:38:15,400 --> 00:38:17,920 Speaker 18: will come to Australia and go, wow, these Zeland's just 794 00:38:18,080 --> 00:38:21,440 Speaker 18: that nearby. We'll get better try as well, probably just 795 00:38:21,920 --> 00:38:24,160 Speaker 18: for the sake of the small mant of costs for US, 796 00:38:24,200 --> 00:38:27,279 Speaker 18: Australia or done the league work for us. Effectively, it 797 00:38:27,320 --> 00:38:29,160 Speaker 18: gives them another chance to bring the more tourists. 798 00:38:29,239 --> 00:38:31,680 Speaker 3: Because what I is the Australian If I'm filling out 799 00:38:31,719 --> 00:38:34,120 Speaker 3: of visa for Australia as a tourist, is it as 800 00:38:34,239 --> 00:38:36,560 Speaker 3: arduous as it is or has been for New Zealand? 801 00:38:37,640 --> 00:38:40,720 Speaker 18: Probably slightly more so. Well, immigration New Zealand are actually 802 00:38:41,320 --> 00:38:44,160 Speaker 18: reasonably nice when it comes to dealing with applications, Australia 803 00:38:44,239 --> 00:38:46,400 Speaker 18: not so much. A bit more hardlined. So I can 804 00:38:46,440 --> 00:38:48,200 Speaker 18: get on Australian visa and I think we can pretty 805 00:38:48,239 --> 00:38:50,600 Speaker 18: much trust that these people have been vetted quite quite well. 806 00:38:50,760 --> 00:38:53,320 Speaker 3: Okay, So because part of this whole discussion is the 807 00:38:53,560 --> 00:38:57,720 Speaker 3: impediment that that is to us boosting our tourism numbers 808 00:38:57,920 --> 00:39:00,359 Speaker 3: back to what they were, are we doing the thing 809 00:39:00,400 --> 00:39:02,760 Speaker 3: in other words, you know, instead of just saying welcome, 810 00:39:02,840 --> 00:39:05,399 Speaker 3: please come, and you know the PaperWorks required in other words, 811 00:39:05,440 --> 00:39:06,360 Speaker 3: because of they're Chinese. 812 00:39:07,880 --> 00:39:10,640 Speaker 18: I think it's part of the what one good step, 813 00:39:10,719 --> 00:39:12,920 Speaker 18: it's what one if many steps of bringing the Chinese 814 00:39:12,960 --> 00:39:15,279 Speaker 18: market backs in New Zealand that of course lacks and 815 00:39:15,360 --> 00:39:17,800 Speaker 18: going to China marketing all those sorts of areas. It 816 00:39:18,040 --> 00:39:20,959 Speaker 18: just takes about one less area that are currently in place. 817 00:39:21,280 --> 00:39:24,800 Speaker 3: See they're traveling I know for a within the region 818 00:39:24,840 --> 00:39:27,040 Speaker 3: the Chinese, this is within their region, and I know 819 00:39:27,120 --> 00:39:30,719 Speaker 3: they're going to Europe. Do those countries make the paperwork 820 00:39:30,760 --> 00:39:32,839 Speaker 3: as arduous as we do, or we do we need 821 00:39:32,920 --> 00:39:33,800 Speaker 3: to do something different? 822 00:39:36,080 --> 00:39:39,759 Speaker 18: Oh, I think perhaps we could be a bit less 823 00:39:40,040 --> 00:39:42,200 Speaker 18: hardline than some of the applications. Definitely not have an 824 00:39:42,200 --> 00:39:45,319 Speaker 18: open border at all. An ecta to or China would 825 00:39:45,320 --> 00:39:48,600 Speaker 18: be a high risk of those other staying. But perhaps 826 00:39:48,680 --> 00:39:50,680 Speaker 18: seeing some point somewhere in between, we have removed a 827 00:39:50,719 --> 00:39:53,520 Speaker 18: lot of the requirements of translations. They think that those 828 00:39:53,520 --> 00:39:55,720 Speaker 18: are quite check to get done in China. There perhaps 829 00:39:55,800 --> 00:39:58,880 Speaker 18: needs to be a softening a little bit to the 830 00:39:59,120 --> 00:39:59,919 Speaker 18: general visit of EISA. 831 00:40:00,080 --> 00:40:02,399 Speaker 3: I'd tend to agree, Aaron ppreciate your expertise, Aaron Hunt, 832 00:40:02,400 --> 00:40:05,839 Speaker 3: who's an immigration lawyer. We've talked to Luck numerous times 833 00:40:05,880 --> 00:40:09,239 Speaker 3: about this, so at least they're slowly but surely getting there. 834 00:40:09,280 --> 00:40:10,120 Speaker 3: Seven twenty. 835 00:40:11,920 --> 00:40:16,680 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio power 836 00:40:16,800 --> 00:40:18,000 Speaker 1: by News Talks EB. 837 00:40:19,800 --> 00:40:21,839 Speaker 3: Now question, did you know approximately one hundred and eighty 838 00:40:21,840 --> 00:40:24,520 Speaker 3: thousand New Zealanders living with some form of heart issue? 839 00:40:24,640 --> 00:40:27,279 Speaker 3: So looking after your heart and overall cardiovascular health has 840 00:40:27,400 --> 00:40:29,960 Speaker 3: never been more important, which is why About Health have 841 00:40:30,120 --> 00:40:33,080 Speaker 3: created the Healthy Aging Pack, of course, and that is 842 00:40:33,160 --> 00:40:35,440 Speaker 3: designed to support your heart, your energy and your overall 843 00:40:35,520 --> 00:40:39,000 Speaker 3: well being. 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By the way, ten 859 00:41:23,800 --> 00:41:26,080 Speaker 3: to twenty percent increase they argue ten to twenty percent 860 00:41:26,160 --> 00:41:28,120 Speaker 3: increase in the number of Chinese tourists as a result 861 00:41:28,160 --> 00:41:30,040 Speaker 3: of that move. So let's hope that comes to pass now. 862 00:41:30,400 --> 00:41:33,240 Speaker 3: As much as we tried to celebrate last week's excellent 863 00:41:33,320 --> 00:41:35,560 Speaker 3: economic numbers, the food and the fire of the blishness 864 00:41:35,640 --> 00:41:38,680 Speaker 3: of the field, Daisy boost an elective surgery, the boom 865 00:41:38,680 --> 00:41:40,560 Speaker 3: and teacher numbers, and many of those will continue to 866 00:41:40,600 --> 00:41:42,880 Speaker 3: be a good news story. What you can't ignore is, 867 00:41:42,960 --> 00:41:45,920 Speaker 3: sadly are the manufacturing read for April it hit a 868 00:41:45,960 --> 00:41:48,920 Speaker 3: brick wall it fell over six points. It is below 869 00:41:48,960 --> 00:41:51,320 Speaker 3: the fifty point expansion remark. Now, now, a couple of 870 00:41:51,400 --> 00:41:55,240 Speaker 3: key things about that. While services and sentiment and spending 871 00:41:55,280 --> 00:41:58,680 Speaker 3: figures have been bad, manufacturing four months now has been 872 00:41:58,840 --> 00:42:01,279 Speaker 3: on the increase each and every month it has been 873 00:42:01,320 --> 00:42:03,880 Speaker 3: above fifty. It has been growing. It has been a 874 00:42:03,920 --> 00:42:06,920 Speaker 3: significant green shoot in the overall economic picture. Other thing 875 00:42:07,040 --> 00:42:10,920 Speaker 3: is employment. This is a subcategory that had its biggest 876 00:42:11,120 --> 00:42:15,399 Speaker 3: reversal in the history of the index. What makes us worse? 877 00:42:15,560 --> 00:42:18,200 Speaker 3: For those of you going, oh, that'll be Trump, the 878 00:42:18,239 --> 00:42:21,319 Speaker 3: experts don't think so. It's April, remember so Liberation Day 879 00:42:21,320 --> 00:42:23,040 Speaker 3: hadn't come to pass yet. So the big question is 880 00:42:23,360 --> 00:42:25,840 Speaker 3: how much of it is the world? Remember the world 881 00:42:26,000 --> 00:42:28,640 Speaker 3: and the World Bank last week reduced global growth all 882 00:42:28,680 --> 00:42:30,640 Speaker 3: over the place, versus how much of it is us? 883 00:42:31,200 --> 00:42:34,799 Speaker 3: Has New Zealand Inc? Hit a tough spot for trainspotters. 884 00:42:34,880 --> 00:42:37,279 Speaker 3: It was suggested fairly far and White at the time 885 00:42:37,360 --> 00:42:38,960 Speaker 3: that April and may seem to be a little bit 886 00:42:38,960 --> 00:42:41,200 Speaker 3: of an issue, and all that momentum that we felt 887 00:42:41,320 --> 00:42:42,960 Speaker 3: we had at the start of the year had suddenly 888 00:42:43,000 --> 00:42:44,680 Speaker 3: run out of puff. Well, these numbers would tend to 889 00:42:44,680 --> 00:42:48,080 Speaker 3: suggest that vibe was real. Ironically, this week we get 890 00:42:48,120 --> 00:42:50,799 Speaker 3: the GDP figures four Q one, which is Jan Fabrom March, 891 00:42:51,200 --> 00:42:54,080 Speaker 3: and the broad consensus is that we will see good growth. 892 00:42:54,280 --> 00:42:56,160 Speaker 3: They think it's about zero point seven for the quarter. 893 00:42:56,239 --> 00:42:58,879 Speaker 3: If you add and you will annualize that out, gives 894 00:42:58,880 --> 00:43:01,839 Speaker 3: your number very close to three, which anyone would take 895 00:43:01,840 --> 00:43:04,200 Speaker 3: in this troubled and turbulent will. But we can't annualize 896 00:43:04,239 --> 00:43:07,120 Speaker 3: it out, not with manufacturing numbers like this. It might 897 00:43:07,200 --> 00:43:10,120 Speaker 3: be short term. It may involve the Reserve Bank, and 898 00:43:10,200 --> 00:43:11,880 Speaker 3: that idea that they had that the things were but 899 00:43:12,080 --> 00:43:14,359 Speaker 3: you know, neutral and therefore not needing a g up 900 00:43:14,920 --> 00:43:17,840 Speaker 3: may well be hopelessly wrong. Politically, of course, it's a 901 00:43:17,920 --> 00:43:19,719 Speaker 3: hole in the head. The government don't need, because it's 902 00:43:19,760 --> 00:43:22,239 Speaker 3: not like they aren't peddling fast. But when one of 903 00:43:22,320 --> 00:43:27,560 Speaker 3: your major economic reads that was good now isn't doesn't 904 00:43:27,600 --> 00:43:30,640 Speaker 3: take an economics degree to recognize a bid, big fat 905 00:43:31,360 --> 00:43:37,080 Speaker 3: red flag hosking. Just to wrap up this formula one, 906 00:43:37,120 --> 00:43:40,440 Speaker 3: which is coming to a culmination in four laps, Antonelli 907 00:43:40,640 --> 00:43:44,520 Speaker 3: will get a podium if he holds out Piastree. Piastre's 908 00:43:44,760 --> 00:43:48,520 Speaker 3: got Norris Upper's tailpipe at the moment, so Papya rules 909 00:43:48,560 --> 00:43:51,920 Speaker 3: will be coming into play, so while they battle it out, 910 00:43:51,960 --> 00:43:54,440 Speaker 3: Antonelli might be praying that they keep battling it out, 911 00:43:54,440 --> 00:43:56,880 Speaker 3: and therefore he ends up third, which is a podium 912 00:43:56,960 --> 00:43:59,280 Speaker 3: for a very young and successful driver, which is fantastic 913 00:43:59,320 --> 00:44:02,839 Speaker 3: for Staple behind Russell who got pole in the first place. 914 00:44:02,920 --> 00:44:05,440 Speaker 3: So that's a win for Mercedes. As we've already told you, 915 00:44:05,560 --> 00:44:08,600 Speaker 3: Liam has gone nowhere because his car blew up. Had 916 00:44:08,640 --> 00:44:11,040 Speaker 3: you got a three place penalty, so he's gone nowhere. 917 00:44:11,680 --> 00:44:14,040 Speaker 3: So Noda is useless, so he's in thirteenth, So there's 918 00:44:14,080 --> 00:44:16,120 Speaker 3: no points there for red Bull. So if it wasn't 919 00:44:16,160 --> 00:44:17,640 Speaker 3: for the staff and who's probably fed up with the 920 00:44:17,680 --> 00:44:21,000 Speaker 3: whole place anyway, and off somewhere next year, red bullar'd 921 00:44:21,040 --> 00:44:23,279 Speaker 3: be having a bad weekend. So that's where we're at 922 00:44:23,360 --> 00:44:25,520 Speaker 3: with the F one. The Prime Minister is in the 923 00:44:25,600 --> 00:44:28,120 Speaker 3: studio after the news, which is next to us talk 924 00:44:28,400 --> 00:44:30,480 Speaker 3: past forever. 925 00:44:30,960 --> 00:44:34,719 Speaker 2: So here is to get there. Then there's the om 926 00:44:35,400 --> 00:44:36,840 Speaker 2: we could dazz we can dance on that. 927 00:44:38,360 --> 00:44:42,720 Speaker 1: It's your source of freaking news, challenging opinion and honored backs. 928 00:44:43,000 --> 00:44:46,520 Speaker 1: The Mike Husking Breakfast were the Defender Doctor, the most 929 00:44:46,600 --> 00:44:49,359 Speaker 1: powerful defender ever made and news togs Head been. 930 00:44:49,320 --> 00:44:51,960 Speaker 3: The prim Mint's way to late Prime Minister is well 931 00:44:52,000 --> 00:44:54,600 Speaker 3: us ahead of his departure to China. Good morning to you, 932 00:44:55,320 --> 00:44:59,160 Speaker 3: So just quickly tick the boxes. So China, you want specifically, 933 00:44:59,280 --> 00:45:00,120 Speaker 3: what if any. 934 00:45:00,520 --> 00:45:02,480 Speaker 13: I want to broaden out the trade relationship and that 935 00:45:02,640 --> 00:45:06,320 Speaker 13: focus particularly on red meat, tourism and education. Otherwise you know, 936 00:45:06,400 --> 00:45:10,080 Speaker 13: primary industries going gangbusters, tourisms actually coming right across the country, 937 00:45:10,120 --> 00:45:12,279 Speaker 13: but we've got challenges in China and Australia to get 938 00:45:12,280 --> 00:45:14,799 Speaker 13: those numbers back. So a big focus on those two things. 939 00:45:15,080 --> 00:45:17,480 Speaker 3: How delicate is the dance given all that's happening in 940 00:45:17,520 --> 00:45:19,400 Speaker 3: the Indo Pacific and the Americans. 941 00:45:19,880 --> 00:45:21,840 Speaker 13: Yeah, look, I mean you know, as I've talked to 942 00:45:21,920 --> 00:45:24,480 Speaker 13: present Premier le and prison She before, Yeah, there's huge 943 00:45:24,520 --> 00:45:28,480 Speaker 13: areas of cooperation and this relationship is important one long standing, vital, 944 00:45:28,560 --> 00:45:31,000 Speaker 13: all that good stuff mature. But also we do have 945 00:45:31,080 --> 00:45:33,000 Speaker 13: differences and we raise them and so we'll talk about 946 00:45:33,000 --> 00:45:35,359 Speaker 13: those differences and eviably around different issues in the region 947 00:45:35,400 --> 00:45:36,200 Speaker 13: and around the world. Trench. 948 00:45:36,400 --> 00:45:39,520 Speaker 3: So it's a large delegation that goes Will deals be signed? Yeah? 949 00:45:39,520 --> 00:45:42,000 Speaker 13: Absolutely, you know there's some good work that's been going 950 00:45:42,080 --> 00:45:44,480 Speaker 13: on in advance. You've seen us announced yesterday around some 951 00:45:44,600 --> 00:45:48,080 Speaker 13: visa changes to make that those Chinese visits in Australia 952 00:45:48,160 --> 00:45:49,879 Speaker 13: much easier to come over to New Zealand. So there's 953 00:45:49,920 --> 00:45:51,840 Speaker 13: there'll be a series of eleven or twelve announcements. 954 00:45:51,960 --> 00:45:54,080 Speaker 3: Did I all dare I sueduce that it was several 955 00:45:54,160 --> 00:45:56,600 Speaker 3: months ago? I did raise the Chinese situation with you 956 00:45:56,760 --> 00:45:58,239 Speaker 3: and that we might want to be a little more 957 00:45:58,280 --> 00:46:01,680 Speaker 3: friendly towards the visa application. You know, you are such 958 00:46:02,160 --> 00:46:05,040 Speaker 3: the oracle, the oracle of Walkld or whatever. I'm just 959 00:46:05,160 --> 00:46:07,800 Speaker 3: I'm just practical, and I'm just wondering why it takes. 960 00:46:07,640 --> 00:46:09,800 Speaker 13: You so long to do that sort of because and 961 00:46:09,840 --> 00:46:11,840 Speaker 13: then so if you think about the package we announced yesterday, 962 00:46:11,840 --> 00:46:14,200 Speaker 13: we're saying, look, we don't want to have you get 963 00:46:14,200 --> 00:46:16,520 Speaker 13: your translation of your form certified, which is what was 964 00:46:16,520 --> 00:46:19,480 Speaker 13: happening before. We've got some dedicated support going to travel 965 00:46:19,520 --> 00:46:22,040 Speaker 13: agents up there. We're simplifying the web sort of stuff 966 00:46:22,080 --> 00:46:24,480 Speaker 13: that is needed. But most important, we're saying, look, there's 967 00:46:24,480 --> 00:46:26,000 Speaker 13: a hell of a lot of Chinese visitors that come 968 00:46:26,040 --> 00:46:29,160 Speaker 13: from Australia. They do both countries at the same time. 969 00:46:29,360 --> 00:46:31,200 Speaker 13: Why would we put them through a whole process. Again, 970 00:46:31,480 --> 00:46:33,120 Speaker 13: if it's good enough for Australia, like we saw in 971 00:46:33,200 --> 00:46:35,320 Speaker 13: the Cricket World Cup when I was actually in New Zealand, 972 00:46:35,920 --> 00:46:37,560 Speaker 13: that was a that was the first time we did 973 00:46:37,640 --> 00:46:40,680 Speaker 13: that joint sort of transitatsment, sort of visa type approach. 974 00:46:40,760 --> 00:46:43,439 Speaker 13: So look, it's just common sense, right, and it's about 975 00:46:43,440 --> 00:46:45,200 Speaker 13: packaging it up, getting it done and with there's more 976 00:46:45,200 --> 00:46:47,200 Speaker 13: stuff to do, will continue to do in Europe anything 977 00:46:47,280 --> 00:46:49,879 Speaker 13: tangible or not. Two things really, one is to sort 978 00:46:49,920 --> 00:46:53,680 Speaker 13: of reinforce the trade side. You know, we've had a 979 00:46:53,760 --> 00:46:56,440 Speaker 13: billion dollars extra of exports to the EU since the 980 00:46:56,560 --> 00:46:59,280 Speaker 13: FTA came into effect last year. It's up twenty eight percent. 981 00:46:59,680 --> 00:47:01,600 Speaker 13: Our expert is on a good job. So it's about 982 00:47:01,640 --> 00:47:04,920 Speaker 13: bilateral speed dating with all these leaders in one place. 983 00:47:05,600 --> 00:47:08,200 Speaker 13: And then also as part of the IP four which 984 00:47:08,239 --> 00:47:10,239 Speaker 13: is the end of Pacific for Japan career austraight to 985 00:47:10,280 --> 00:47:14,320 Speaker 13: New Zealand, it's about understanding insights from Europe Atlantic region 986 00:47:14,600 --> 00:47:17,640 Speaker 13: and the relevancy to Indo Pacific and how that deals 987 00:47:17,680 --> 00:47:20,359 Speaker 13: with that. So on defense and security bits as well. 988 00:47:20,440 --> 00:47:23,719 Speaker 3: We need all of that because the manufacturing read that 989 00:47:23,800 --> 00:47:27,080 Speaker 3: came out on Friday has now gone backwards of all 990 00:47:27,120 --> 00:47:28,960 Speaker 3: the things that was going well, and last week was 991 00:47:29,000 --> 00:47:30,560 Speaker 3: a good week I thought for the country for all 992 00:47:30,600 --> 00:47:34,000 Speaker 3: sorts of reasons. But the manufacturing has been expanding now 993 00:47:34,080 --> 00:47:34,520 Speaker 3: it isn't. 994 00:47:35,160 --> 00:47:37,480 Speaker 13: Why not, Well, it's been spluttering as a way I've 995 00:47:37,480 --> 00:47:39,040 Speaker 13: described it to our guys, but. 996 00:47:39,120 --> 00:47:41,719 Speaker 3: It's at least been expansionary. Yeah, it has been. 997 00:47:42,120 --> 00:47:44,520 Speaker 13: But I think things like Investment boost will help a lot, 998 00:47:44,600 --> 00:47:47,919 Speaker 13: you know, as people start to think about tipping capital, plant, 999 00:47:47,960 --> 00:47:50,600 Speaker 13: capital equipment into the manufacturing or advanced manufacturing that's going 1000 00:47:50,640 --> 00:47:53,880 Speaker 13: on across the country. That's been well received. Actually up 1001 00:47:53,880 --> 00:47:55,279 Speaker 13: and down the country. I've been into a lot of 1002 00:47:55,360 --> 00:47:59,160 Speaker 13: small manufacturing businesses who planned to buy a different machinery 1003 00:47:59,239 --> 00:48:01,600 Speaker 13: that off is much more productive than what they've got, 1004 00:48:01,800 --> 00:48:04,000 Speaker 13: So let's hope that that works really well. And then 1005 00:48:04,080 --> 00:48:06,440 Speaker 13: continuing to expand market access. So that's sort of two 1006 00:48:06,480 --> 00:48:07,279 Speaker 13: things we can do for them. 1007 00:48:07,320 --> 00:48:10,240 Speaker 3: Okay, twenty seven thousand people more are on a benefit 1008 00:48:10,320 --> 00:48:12,520 Speaker 3: in May. That once again is not a good read 1009 00:48:12,600 --> 00:48:14,080 Speaker 3: for the economy. What's happening. 1010 00:48:14,400 --> 00:48:18,040 Speaker 13: No, that's not good in terms of well we've really 1011 00:48:18,120 --> 00:48:20,480 Speaker 13: dealt with We're trying to get spending under control, which 1012 00:48:20,520 --> 00:48:23,280 Speaker 13: gets inflation down, gets interest rates down, gets economy growing. 1013 00:48:23,360 --> 00:48:23,759 Speaker 3: That's good. 1014 00:48:24,120 --> 00:48:26,480 Speaker 13: But the last but the leaf as the unemployment. 1015 00:48:26,920 --> 00:48:29,600 Speaker 3: But that part fell apart. So your theory was you've 1016 00:48:29,600 --> 00:48:32,200 Speaker 3: got your spending under control to a degree, inflation is 1017 00:48:32,280 --> 00:48:36,360 Speaker 3: down to a degree, were at this point now stuck. Well, no, 1018 00:48:36,480 --> 00:48:38,239 Speaker 3: we've run out of part. I can't see whether the 1019 00:48:38,320 --> 00:48:40,759 Speaker 3: economy is growing outside of deary and for it, you know, 1020 00:48:40,840 --> 00:48:43,160 Speaker 3: all that stuff we talked about last week. We now 1021 00:48:43,239 --> 00:48:46,040 Speaker 3: appear to be that theory that April May was a problem, 1022 00:48:46,680 --> 00:48:48,799 Speaker 3: but hang on, the latter part of twenty five will 1023 00:48:48,840 --> 00:48:51,719 Speaker 3: be fine. Doesn't seem much real as it once did. 1024 00:48:51,880 --> 00:48:54,960 Speaker 13: Yeah, I mean we always knew unemployments the last, but 1025 00:48:55,160 --> 00:48:57,480 Speaker 13: that has to come right after those first four bits. 1026 00:48:57,480 --> 00:48:59,640 Speaker 13: And so yeah, we've been forecasting that it will peak 1027 00:48:59,640 --> 00:49:01,040 Speaker 13: in the middle of the year and then start to 1028 00:49:01,120 --> 00:49:03,200 Speaker 13: trend down on the back half of the year, which 1029 00:49:03,280 --> 00:49:05,800 Speaker 13: is as the economy continues to grow. But like just 1030 00:49:05,840 --> 00:49:07,759 Speaker 13: say to you, look it is going game buses. You know, 1031 00:49:08,080 --> 00:49:10,080 Speaker 13: you come out of the primary industries and you look 1032 00:49:10,120 --> 00:49:12,720 Speaker 13: at you know, double digit growth our set. It's been amazing. 1033 00:49:13,239 --> 00:49:15,920 Speaker 13: Tourism is coming back. Yes, we're pulling up the Australia 1034 00:49:15,920 --> 00:49:17,520 Speaker 13: and the Chinese numbers. That's what this is about. 1035 00:49:17,719 --> 00:49:20,200 Speaker 3: Is it really coming back at eighty six percent? Eighty 1036 00:49:20,280 --> 00:49:22,080 Speaker 3: six percent? Stuck at eighty six percent. 1037 00:49:22,160 --> 00:49:23,759 Speaker 13: But what I mean is that we've got you know, 1038 00:49:23,840 --> 00:49:26,040 Speaker 13: we've got growth in the American market, the Indian market, 1039 00:49:26,080 --> 00:49:28,279 Speaker 13: and tourism. Yes, Australia and China are the two that 1040 00:49:28,320 --> 00:49:30,560 Speaker 13: we're working, but even the Australians starting to move forward. 1041 00:49:30,719 --> 00:49:33,080 Speaker 13: China's a big chance. This week it's been at sixty percent, 1042 00:49:33,800 --> 00:49:35,799 Speaker 13: so we've really got to step that up. And then 1043 00:49:35,840 --> 00:49:38,000 Speaker 13: I think, you know, things like the investment boost, you know, 1044 00:49:38,120 --> 00:49:40,640 Speaker 13: and low inflation, lower interest rates, all of that is 1045 00:49:40,719 --> 00:49:44,000 Speaker 13: going to encourage people oftenly to invest. Yes, there's uncertainty 1046 00:49:44,040 --> 00:49:45,320 Speaker 13: in the world and that's been a bit of a 1047 00:49:45,800 --> 00:49:48,600 Speaker 13: concern for people in April with the tariff announcements, but 1048 00:49:48,840 --> 00:49:50,719 Speaker 13: you know, post the budget at the end of May, 1049 00:49:50,800 --> 00:49:52,520 Speaker 13: I think, you know, we've got some things that actually 1050 00:49:52,560 --> 00:49:53,399 Speaker 13: catalyze that growth. 1051 00:49:53,719 --> 00:49:56,320 Speaker 3: Do the Reserve Bank need and I know they're independent, 1052 00:49:56,360 --> 00:49:58,360 Speaker 3: I get all that, but do the Reserve Bank need 1053 00:49:58,480 --> 00:50:01,640 Speaker 3: to do some more if we're stuck in the middle 1054 00:50:01,680 --> 00:50:03,160 Speaker 3: of the year, do they need to do some more 1055 00:50:03,200 --> 00:50:05,239 Speaker 3: than because they're sitting there going, oh, we're in the band, 1056 00:50:05,280 --> 00:50:06,960 Speaker 3: We're okay, Well, I mean we're not. 1057 00:50:07,239 --> 00:50:10,640 Speaker 13: Yeah, Well, we'll inflations in the band. They will bounce 1058 00:50:10,680 --> 00:50:12,480 Speaker 13: around a bit, but it's got to stay under three percent, 1059 00:50:12,560 --> 00:50:14,759 Speaker 13: which is where it needs to be, and they'll make 1060 00:50:14,840 --> 00:50:17,080 Speaker 13: that assessment as to whether there's further rate cuts to come. 1061 00:50:17,160 --> 00:50:19,600 Speaker 13: I mean, you know, we should be keep you doing 1062 00:50:19,640 --> 00:50:21,399 Speaker 13: everything we can to keep it down with pressure on rates, 1063 00:50:22,200 --> 00:50:23,239 Speaker 13: and that'll be their call. 1064 00:50:23,440 --> 00:50:26,840 Speaker 3: Okay, two things I learned last week. One was the 1065 00:50:26,880 --> 00:50:29,359 Speaker 3: public service. You've only cut two thousand people. For all 1066 00:50:29,440 --> 00:50:32,719 Speaker 3: that noise of you hoeing through the public service, you've 1067 00:50:32,880 --> 00:50:35,720 Speaker 3: lost two thousand people out of sixty four thousand. 1068 00:50:36,320 --> 00:50:38,920 Speaker 13: Yeah, so you're doing a couple of things there. One is, 1069 00:50:39,160 --> 00:50:41,319 Speaker 13: if the trend had continued, you'd have eight thousand more. 1070 00:50:41,560 --> 00:50:43,800 Speaker 13: So we've actually stopped that, and we've actually stopped that, 1071 00:50:44,200 --> 00:50:46,239 Speaker 13: we've pulled it back. There's a net two thousand you're right, 1072 00:50:46,280 --> 00:50:49,240 Speaker 13: that have come out of the system. But the bigger issue, 1073 00:50:49,440 --> 00:50:51,840 Speaker 13: which is what we've talked about, is actually taking the 1074 00:50:51,920 --> 00:50:54,800 Speaker 13: resources we've got and making sure it's damn well focused 1075 00:50:54,840 --> 00:50:57,440 Speaker 13: on the frontline and also delivering better outcomes. So if 1076 00:50:57,480 --> 00:50:59,600 Speaker 13: you want to go high seven hundred more corrections officers 1077 00:51:00,120 --> 00:51:02,680 Speaker 13: what we've done. If you want to go hire more 1078 00:51:02,800 --> 00:51:05,200 Speaker 13: ird folks to go after tax avoidance, which we know 1079 00:51:05,239 --> 00:51:08,000 Speaker 13: there's huge return there, then that's a good thing. Ots 1080 00:51:08,080 --> 00:51:09,960 Speaker 13: have problems in the youth justice facilities, so we've put 1081 00:51:10,000 --> 00:51:12,399 Speaker 13: more resources into that. So when we've been saying we're 1082 00:51:12,440 --> 00:51:16,399 Speaker 13: investing in frontline services to focus on delivering outcomes, that's 1083 00:51:16,440 --> 00:51:19,480 Speaker 13: where that's So it's a bit of shuffling of back 1084 00:51:19,520 --> 00:51:20,120 Speaker 13: office to front. 1085 00:51:20,360 --> 00:51:22,279 Speaker 3: So you would defend at two thousand is fined as 1086 00:51:22,320 --> 00:51:24,480 Speaker 3: long as the efficiency is better. In the efficiency more 1087 00:51:24,560 --> 00:51:24,719 Speaker 3: to do. 1088 00:51:24,840 --> 00:51:26,719 Speaker 13: But the way to get the performance right and to 1089 00:51:26,760 --> 00:51:29,600 Speaker 13: get the organization's right size is to focus them very 1090 00:51:29,640 --> 00:51:32,400 Speaker 13: clearly on what they have to deliver. And they should 1091 00:51:32,440 --> 00:51:34,800 Speaker 13: be large service organizations that think of the public of 1092 00:51:34,840 --> 00:51:37,279 Speaker 13: New Zealand as customers and they should be crystal clear. 1093 00:51:37,320 --> 00:51:39,239 Speaker 13: If you look at what Simeon's done on healthcare, we're 1094 00:51:39,320 --> 00:51:42,800 Speaker 13: really cranking in to say we want outcomes and results 1095 00:51:42,800 --> 00:51:43,960 Speaker 13: and I'm going to lead you into that. 1096 00:51:44,200 --> 00:51:46,120 Speaker 3: Well, that was the other thing I learned last week, 1097 00:51:46,160 --> 00:51:47,400 Speaker 3: and I don't know why I didn't know, but we 1098 00:51:47,480 --> 00:51:50,160 Speaker 3: had a surgeon on who is this public private thing? 1099 00:51:50,200 --> 00:51:51,799 Speaker 3: And you're putting, you know, a lot more Operation nine 1100 00:51:51,840 --> 00:51:55,200 Speaker 3: thousand six brilliant, And I'm thinking, what's theo? I'm asking 1101 00:51:55,280 --> 00:51:58,000 Speaker 3: this guy, what's the ideological problem that people have? We're 1102 00:51:58,040 --> 00:52:00,839 Speaker 3: putting you know who cares? We and that's fine. I said, well, 1103 00:52:00,880 --> 00:52:02,840 Speaker 3: what's going wrong in health? He says, well, anything that 1104 00:52:02,920 --> 00:52:06,040 Speaker 3: looks like it's going past four o'clock operationally in the 1105 00:52:06,840 --> 00:52:10,239 Speaker 3: gets pulled. Did you realize that they're looking at is 1106 00:52:10,320 --> 00:52:11,840 Speaker 3: this operation going past four o'clock? 1107 00:52:11,960 --> 00:52:12,080 Speaker 8: Is it? 1108 00:52:12,600 --> 00:52:15,359 Speaker 3: We'll probably delay that till tomorrow. What's that about? Well, 1109 00:52:15,440 --> 00:52:15,759 Speaker 3: I don't know. 1110 00:52:15,840 --> 00:52:17,640 Speaker 13: I mean, I don't know how they organized their schedules. 1111 00:52:17,640 --> 00:52:18,799 Speaker 3: I thought a lot of doctors did. 1112 00:52:18,680 --> 00:52:20,239 Speaker 13: Everything in the morning and did their rounds in the 1113 00:52:20,280 --> 00:52:22,520 Speaker 13: afternoon to check on how this doesn't concern you if 1114 00:52:22,560 --> 00:52:24,560 Speaker 13: that's true, Well, what concerns me is just that you've 1115 00:52:24,600 --> 00:52:27,360 Speaker 13: had a twin yellop when Labour came to power. And 1116 00:52:27,440 --> 00:52:28,919 Speaker 13: they don't want me bashing up on the other guys. 1117 00:52:28,920 --> 00:52:30,680 Speaker 13: But there was a thousand people that were waiting for 1118 00:52:30,760 --> 00:52:33,120 Speaker 13: elective surgeries. Now that when we came to power, this 1119 00:52:33,239 --> 00:52:35,719 Speaker 13: twenty seven thousand, So it got worse right by twenty seven, 1120 00:52:36,120 --> 00:52:38,719 Speaker 13: and then you get this ideological conversation about, oh, you 1121 00:52:38,800 --> 00:52:41,680 Speaker 13: can't use resource that's sitting there in the private hospital system. Well, 1122 00:52:41,719 --> 00:52:44,480 Speaker 13: the private hospital system is very efficient at doing knees 1123 00:52:44,520 --> 00:52:47,000 Speaker 13: and hips and cataracts and hernias and all that stuff. 1124 00:52:47,440 --> 00:52:49,719 Speaker 13: So Simeon very coming on as new minister, I said, right, 1125 00:52:49,719 --> 00:52:51,640 Speaker 13: I'm going to do I think you know, nine thousand, 1126 00:52:51,719 --> 00:52:54,719 Speaker 13: six hundred extra elective surgeries. He's done ninety percent of 1127 00:52:54,760 --> 00:52:57,279 Speaker 13: it in the private hospital system. And why wouldn't we 1128 00:52:57,360 --> 00:52:58,960 Speaker 13: use that capacy Because when you're lying on your bed 1129 00:52:59,040 --> 00:53:00,919 Speaker 13: looking up at the ceiling an't really key. But they've 1130 00:53:00,920 --> 00:53:01,840 Speaker 13: got done in private. 1131 00:53:02,719 --> 00:53:04,440 Speaker 3: We pay for it anyway. Imagine how many more you 1132 00:53:04,480 --> 00:53:06,800 Speaker 3: could do if the public health system didn't start wrapping 1133 00:53:06,880 --> 00:53:07,600 Speaker 3: up at four o'clock. 1134 00:53:07,719 --> 00:53:10,520 Speaker 13: Well that may be true, So I'm sure if that's true, 1135 00:53:10,560 --> 00:53:11,200 Speaker 13: we'll find. 1136 00:53:11,080 --> 00:53:11,480 Speaker 2: Out about it. 1137 00:53:11,520 --> 00:53:13,440 Speaker 3: Other thing was my tech guy was round at my 1138 00:53:13,560 --> 00:53:17,200 Speaker 3: house on Friday fixing some stuff. They restart Mike and 1139 00:53:17,400 --> 00:53:19,960 Speaker 3: any screen of death was it, And and he said 1140 00:53:20,000 --> 00:53:22,480 Speaker 3: to me, he said, why do we still have ten 1141 00:53:22,520 --> 00:53:25,439 Speaker 3: days sickly? And I thought that's quite a good question. 1142 00:53:26,040 --> 00:53:27,520 Speaker 3: Why do we have ten days sick leave? 1143 00:53:27,640 --> 00:53:31,600 Speaker 13: Yeah, well there's some changes coming through on workplace relations, So. 1144 00:53:31,719 --> 00:53:34,560 Speaker 3: We had five sick days until just decided we needed 1145 00:53:34,640 --> 00:53:37,560 Speaker 3: ten correct for COVID. COVID is now, can we agree 1146 00:53:37,600 --> 00:53:40,800 Speaker 3: that it's gone? Yes, and dere we might need to 1147 00:53:40,880 --> 00:53:43,480 Speaker 3: do something about sickly. We might need to might need 1148 00:53:43,520 --> 00:53:45,680 Speaker 3: to do things about pro rataing sick leave as well, 1149 00:53:45,760 --> 00:53:48,640 Speaker 3: because you know, people who were on part time contracts 1150 00:53:48,719 --> 00:53:51,799 Speaker 3: are getting full time ten day equivalency. So Broke van 1151 00:53:51,880 --> 00:53:53,520 Speaker 3: Velden's working through some of those. When are we getting 1152 00:53:53,520 --> 00:53:57,440 Speaker 3: an announcement on that? I can't do this to me 1153 00:53:57,520 --> 00:54:01,680 Speaker 3: every frequent. I'm sorry to hold you to account myer apologies. 1154 00:54:01,920 --> 00:54:03,680 Speaker 3: I just thought you were running the place. There will be. 1155 00:54:04,080 --> 00:54:05,600 Speaker 13: I just can't remember the date off the top of 1156 00:54:05,680 --> 00:54:05,920 Speaker 13: my head. 1157 00:54:06,040 --> 00:54:08,520 Speaker 3: So an announcement, but I know it's sick leave is 1158 00:54:08,640 --> 00:54:10,000 Speaker 3: coming from Brooklyn, There'll be. 1159 00:54:10,200 --> 00:54:12,360 Speaker 13: There was a whole bunch of workplace relations stuff as 1160 00:54:12,400 --> 00:54:14,239 Speaker 13: you've started to see, there's also stuff on health and 1161 00:54:14,320 --> 00:54:17,200 Speaker 13: safety and in the mix and there is like yeah, 1162 00:54:17,200 --> 00:54:18,000 Speaker 13: sick leave and stuff. 1163 00:54:18,080 --> 00:54:20,400 Speaker 3: Yeah, fantastic, have a good trip to China. Will are 1164 00:54:20,400 --> 00:54:21,480 Speaker 3: you going to join us next week? 1165 00:54:21,560 --> 00:54:23,400 Speaker 13: You know, I am so committed. I'll be there at 1166 00:54:23,440 --> 00:54:24,799 Speaker 13: one am in the morning. 1167 00:54:25,800 --> 00:54:28,359 Speaker 3: With me and I think will be this time next week. 1168 00:54:28,400 --> 00:54:31,359 Speaker 3: Will think I'll be in Belgium there you're going. I'll 1169 00:54:31,360 --> 00:54:33,279 Speaker 3: be it's teen to nine at night. You'll be just 1170 00:54:33,360 --> 00:54:35,480 Speaker 3: going out for a little a pair of teeth. You'll 1171 00:54:35,520 --> 00:54:37,200 Speaker 3: be able to go as the corn, no worries at all. 1172 00:54:37,440 --> 00:54:38,719 Speaker 13: Yeah, that's this commitment from me. 1173 00:54:39,400 --> 00:54:41,400 Speaker 3: All right, I'll be here. You'll get on. Nice to 1174 00:54:41,440 --> 00:54:43,680 Speaker 3: see your Prime Minister. Christopher Luxan thirteen to two. 1175 00:54:45,040 --> 00:54:49,319 Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio now 1176 00:54:49,560 --> 00:54:50,080 Speaker 1: by news. 1177 00:54:50,000 --> 00:54:50,520 Speaker 8: Talks it be. 1178 00:54:51,760 --> 00:54:54,120 Speaker 3: It is ten minutes away from eight. By the way, 1179 00:54:54,160 --> 00:54:55,759 Speaker 3: I didn't raise it with him because I didn't have time, 1180 00:54:55,840 --> 00:54:59,200 Speaker 3: but it's well worth reading if you've got time. On 1181 00:54:59,280 --> 00:55:02,319 Speaker 3: the news room website. It's an article about Neil Quiggley. Now, 1182 00:55:02,440 --> 00:55:05,239 Speaker 3: Neil Quiggley, among other things, as the chairman of the 1183 00:55:05,280 --> 00:55:08,319 Speaker 3: Reserve Bank Board, and Neil Quigley has not really held 1184 00:55:08,400 --> 00:55:13,719 Speaker 3: himself to the highest standing as regards his relationship with 1185 00:55:13,920 --> 00:55:17,800 Speaker 3: the media and therefore the public and his relationship of 1186 00:55:17,880 --> 00:55:20,840 Speaker 3: course with Adrian or in releasing the paperwork that he 1187 00:55:20,920 --> 00:55:23,160 Speaker 3: did last week on the resignation of war. He basically 1188 00:55:23,280 --> 00:55:25,200 Speaker 3: said one thing and what turned out to be something 1189 00:55:25,239 --> 00:55:29,160 Speaker 3: completely different. Anyway, this article deep dives into who quickly is, 1190 00:55:29,719 --> 00:55:34,040 Speaker 3: who knew him, who doesn't really like him, and whether 1191 00:55:34,160 --> 00:55:36,840 Speaker 3: or not he should continue to be the chairman of 1192 00:55:36,840 --> 00:55:39,080 Speaker 3: the board. Another good piece also, by the way, this 1193 00:55:39,160 --> 00:55:41,000 Speaker 3: is just the weekend reading. I was doing another very 1194 00:55:41,000 --> 00:55:44,400 Speaker 3: good piece by a guy called Rod McNaughton, and this 1195 00:55:44,560 --> 00:55:46,879 Speaker 3: is well worth reading and well worth understanding. It's under 1196 00:55:46,880 --> 00:55:50,520 Speaker 3: the headline New Zealand's economy is not underperforming by accident, 1197 00:55:51,239 --> 00:55:53,080 Speaker 3: and it's a whole bunch of stuff I didn't know 1198 00:55:53,120 --> 00:55:55,600 Speaker 3: about New Zealand's economy and why we're not doing as 1199 00:55:55,680 --> 00:55:58,400 Speaker 3: well as we should be could be, and some of 1200 00:55:58,440 --> 00:56:00,480 Speaker 3: the countries that we would compare our to do, some 1201 00:56:00,560 --> 00:56:03,480 Speaker 3: of these Scandinavian countries. They talk about the New Zealand 1202 00:56:03,520 --> 00:56:07,200 Speaker 3: productivity challenge, where we can improve, why we're not improving, 1203 00:56:07,280 --> 00:56:09,560 Speaker 3: how long this has been going on for, and how 1204 00:56:09,680 --> 00:56:13,480 Speaker 3: nothing will improve unless we fairly dramatically change the way 1205 00:56:13,520 --> 00:56:15,640 Speaker 3: we do things in this country. And it quotes the 1206 00:56:15,680 --> 00:56:18,479 Speaker 3: IMF and all sorts of interesting people. So a couple 1207 00:56:18,520 --> 00:56:20,200 Speaker 3: of good things, but the more important one is New 1208 00:56:20,239 --> 00:56:23,480 Speaker 3: Zealand's economy is not underperforming by accident. Other thing I 1209 00:56:23,520 --> 00:56:25,120 Speaker 3: didn't know, by the way, and he was referring to 1210 00:56:25,200 --> 00:56:27,920 Speaker 3: it amanago the Prime Minister. Is Mitchell's going to be 1211 00:56:28,000 --> 00:56:29,759 Speaker 3: I said Mitchell's back on Wednesday in the years. But 1212 00:56:29,800 --> 00:56:31,640 Speaker 3: Mitchell's going to be in China. Now why is in 1213 00:56:31,760 --> 00:56:33,960 Speaker 3: what capacity he's in China. We're trying to work out 1214 00:56:34,320 --> 00:56:37,240 Speaker 3: because he's Minister of Sport and he's Minister of Emergency Management, 1215 00:56:37,280 --> 00:56:38,880 Speaker 3: he's Minister of Police, and I can't work out how 1216 00:56:38,920 --> 00:56:41,400 Speaker 3: a trade deal gets him there. But be that as 1217 00:56:41,440 --> 00:56:44,160 Speaker 3: it may. He'll be there at about four o'clock in 1218 00:56:44,200 --> 00:56:47,560 Speaker 3: the morning in China for us, so we appreciate that effort. 1219 00:56:47,600 --> 00:56:51,400 Speaker 1: Eight away from eight the make Hosking Breakfast with Bailey's 1220 00:56:51,440 --> 00:56:52,920 Speaker 1: Real Estate News Dogs. 1221 00:56:52,680 --> 00:56:55,960 Speaker 3: Dead be if you missed it all Russell, Gods, Victory, George. 1222 00:56:56,440 --> 00:56:59,280 Speaker 3: So Mercedes are in the Hunt. So that means occasionally 1223 00:56:59,360 --> 00:57:02,520 Speaker 3: Ferrari the Hunt, Mercedes are in the Hunt. McLaren's in 1224 00:57:02,560 --> 00:57:05,560 Speaker 3: the hunt, Max's occasionally. So it makes it an exciting season. 1225 00:57:05,640 --> 00:57:07,360 Speaker 3: So that's the good part of it. Antonelli got his 1226 00:57:07,480 --> 00:57:11,160 Speaker 3: first podium, so that's very exciting for him. The talking 1227 00:57:11,200 --> 00:57:12,759 Speaker 3: point out of this thing is going to be what's 1228 00:57:12,800 --> 00:57:14,960 Speaker 3: called the Papaya rules, which is the McLaren race team, 1229 00:57:15,000 --> 00:57:16,840 Speaker 3: and they were warned about this throughout the season, and 1230 00:57:16,960 --> 00:57:19,680 Speaker 3: indeed it started last season. And when you have two 1231 00:57:19,800 --> 00:57:22,840 Speaker 3: good drivers and you don't name one driver as a 1232 00:57:22,920 --> 00:57:26,560 Speaker 3: number one driver, you have problems because they both got 1233 00:57:26,600 --> 00:57:28,680 Speaker 3: egos and they both want to win. And what was 1234 00:57:28,680 --> 00:57:30,280 Speaker 3: happening in this race a couple of moments ago in 1235 00:57:30,320 --> 00:57:34,160 Speaker 3: Montreal is Norris was up the tail pipe of Piastre 1236 00:57:34,880 --> 00:57:37,600 Speaker 3: and Norris got impatient and I'm assuming I didn't hear 1237 00:57:37,640 --> 00:57:40,160 Speaker 3: the team radio, but the team radio almost certainly will 1238 00:57:40,200 --> 00:57:43,240 Speaker 3: be problematic, and they didn't offer clear instructions, and so 1239 00:57:43,680 --> 00:57:45,680 Speaker 3: Norris goes to tryin over's at this with half a 1240 00:57:45,680 --> 00:57:49,480 Speaker 3: dozen laps to go, Norris tries to Overtakestre. Piastre is, 1241 00:57:49,480 --> 00:57:52,120 Speaker 3: because he's a stone cold killer, is having none of this. 1242 00:57:53,080 --> 00:57:54,760 Speaker 3: So the next thing you know, Norris is in the 1243 00:57:54,800 --> 00:57:57,960 Speaker 3: wall and that's the end of his race. It's the 1244 00:57:58,080 --> 00:58:08,680 Speaker 3: end of McLaren's points and there'll just be fury, opprobrium, ropability, fireworks, knives, 1245 00:58:09,640 --> 00:58:12,560 Speaker 3: guns at dawn and they'll have to sort something up. 1246 00:58:12,640 --> 00:58:14,160 Speaker 3: And it's not like they weren't told to sort it 1247 00:58:14,200 --> 00:58:16,000 Speaker 3: out last year, and it's not like they weren't told 1248 00:58:16,040 --> 00:58:17,320 Speaker 3: to sort it out at the beginning of this year. 1249 00:58:17,360 --> 00:58:19,560 Speaker 3: They said, at some point in the season, these two 1250 00:58:19,600 --> 00:58:21,720 Speaker 3: are going to clash and when they do, points are 1251 00:58:21,720 --> 00:58:24,400 Speaker 3: at stake, and as a team for the constructors, which 1252 00:58:24,440 --> 00:58:26,200 Speaker 3: is where all the money is an F one, you 1253 00:58:26,440 --> 00:58:31,400 Speaker 3: don't want to have this problem, Zach Brown. Until they 1254 00:58:31,480 --> 00:58:33,520 Speaker 3: ran into each other, and Norris, who will be in 1255 00:58:33,560 --> 00:58:35,320 Speaker 3: tears at the moment because he's that sort of character. 1256 00:58:35,840 --> 00:58:38,000 Speaker 3: We'll be wondering what's going wrong now? More sports shortly 1257 00:58:38,080 --> 00:58:41,000 Speaker 3: with the the lads, this Club World Cup and the 1258 00:58:41,120 --> 00:58:43,600 Speaker 3: fiefa World Club Cup. When you're losing one hundred to 1259 00:58:43,720 --> 00:58:47,040 Speaker 3: mil is that a contest you want to be a 1260 00:58:47,120 --> 00:58:49,760 Speaker 3: part of. I mean, what's the point of some people 1261 00:58:50,000 --> 00:58:52,040 Speaker 3: turning up to be thrashed. I don't understand that. And 1262 00:58:52,160 --> 00:58:53,880 Speaker 3: of course we've got the Super Rugby to do with 1263 00:58:54,080 --> 00:58:56,160 Speaker 3: this goal. More sport for you after the news. 1264 00:58:56,040 --> 00:59:02,360 Speaker 1: Which is nice, the news and the newsmakers, the mic 1265 00:59:02,440 --> 00:59:06,200 Speaker 1: Hosking breakfast with Bailey's real Estate doing real estate differently 1266 00:59:06,320 --> 00:59:08,920 Speaker 1: since nineteen seventy three News Talks head. 1267 00:59:08,800 --> 00:59:13,000 Speaker 3: Been spru. 1268 00:59:13,320 --> 00:59:16,040 Speaker 8: No wrong, no ron cor. 1269 00:59:21,680 --> 00:59:24,000 Speaker 3: Cruse side Jos. 1270 00:59:25,720 --> 00:59:28,000 Speaker 10: She's all Ivory and River here in Hamilton. 1271 00:59:28,320 --> 00:59:31,040 Speaker 8: That Jas have come back from a dissout boarding display 1272 00:59:31,400 --> 00:59:33,880 Speaker 8: against the Blues last week and they've run out the 1273 00:59:33,920 --> 00:59:36,360 Speaker 8: one that's thirty seven seventeen. 1274 00:59:36,800 --> 00:59:40,320 Speaker 1: The Monday Morning Commentary Box on the Mic Hosking Breakfast 1275 00:59:40,480 --> 00:59:44,320 Speaker 1: with Spears Finance, supporting Kiwi businesses with finance solutions for 1276 00:59:44,440 --> 00:59:45,400 Speaker 1: over fifty years. 1277 00:59:45,520 --> 00:59:48,600 Speaker 3: They passed out Jason Pine and Andrews Heivill, both Withers Fellows, 1278 00:59:48,640 --> 00:59:52,280 Speaker 3: good morning, good bye, Mike Andrew. I was just talking 1279 00:59:52,320 --> 00:59:56,960 Speaker 3: to Jason, the boss here, who was betting over the weekend, 1280 00:59:57,240 --> 01:00:01,320 Speaker 3: and he got odds of a dollar forty five on 1281 01:00:01,440 --> 01:00:03,560 Speaker 3: the Crusaders to win, and I was just saying to them, 1282 01:00:03,600 --> 01:00:05,280 Speaker 3: I wouldn't have given you much more than the dollar 1283 01:00:05,400 --> 01:00:07,760 Speaker 3: one or two. I would have thought they were laid down, 1284 01:00:07,920 --> 01:00:10,040 Speaker 3: hands up, like not even a thing, and yet a 1285 01:00:10,080 --> 01:00:11,720 Speaker 3: dollar forty five. They're good odds, aren't they? 1286 01:00:12,440 --> 01:00:12,560 Speaker 7: Oh? 1287 01:00:12,720 --> 01:00:16,960 Speaker 14: Your dollar forty five still relatively is it warm towards 1288 01:00:17,080 --> 01:00:18,080 Speaker 14: hot favorite, though? 1289 01:00:18,440 --> 01:00:18,640 Speaker 9: Is it? 1290 01:00:19,680 --> 01:00:21,600 Speaker 14: I see? I think the tab has them at one 1291 01:00:21,760 --> 01:00:23,840 Speaker 14: ninety each for the final. The Chiefs in the one 1292 01:00:23,960 --> 01:00:27,760 Speaker 14: ninety each, Yeah, dollar ninety. I would have thought the 1293 01:00:27,920 --> 01:00:32,840 Speaker 14: Crusaders would be favorites hands down. Well, look Chiefs not 1294 01:00:32,960 --> 01:00:34,560 Speaker 14: saying that, yeah, look at the record, but not saying 1295 01:00:34,560 --> 01:00:35,760 Speaker 14: the Chiefs don't have a chance. 1296 01:00:35,640 --> 01:00:39,320 Speaker 3: Now, of course, not because the Chiefs correct correct me 1297 01:00:39,320 --> 01:00:41,440 Speaker 3: if I'm wrong. But the Chiefs have beaten the Crusaders, 1298 01:00:41,880 --> 01:00:45,000 Speaker 3: so there's that. But the Crusaders just don't lose at 1299 01:00:45,040 --> 01:00:45,920 Speaker 3: home in a final. 1300 01:00:46,800 --> 01:00:49,600 Speaker 10: No, I feel as though their favorite, slim favorite. 1301 01:00:49,640 --> 01:00:53,000 Speaker 20: But if anybody can go to christ Church and beat 1302 01:00:53,040 --> 01:00:54,439 Speaker 20: the Crusaders, it is the Chiefs. 1303 01:00:54,480 --> 01:00:55,640 Speaker 10: You're right, they've done it this year. 1304 01:00:56,680 --> 01:00:59,600 Speaker 20: They've As Clayton McMillan said after the game the other night, 1305 01:00:59,720 --> 01:01:01,680 Speaker 20: you know, of all the teams, where the one who 1306 01:01:02,240 --> 01:01:04,680 Speaker 20: has had a modicum of success down there. 1307 01:01:05,400 --> 01:01:06,240 Speaker 10: I think there are chants. 1308 01:01:06,240 --> 01:01:08,680 Speaker 20: I think you're right, the Crusaders will probably will shorten. 1309 01:01:08,720 --> 01:01:10,480 Speaker 20: I'd think it'll will end up being one of those 1310 01:01:10,960 --> 01:01:13,160 Speaker 20: you know, one eighty two dollars situations. 1311 01:01:13,360 --> 01:01:14,440 Speaker 10: To be honest with you, they might. 1312 01:01:14,520 --> 01:01:18,680 Speaker 20: I think history might be irrelevant on Saturday night, you know, 1313 01:01:18,800 --> 01:01:22,440 Speaker 20: grand final. Clat McMillan off to Munster, I reckon the 1314 01:01:22,520 --> 01:01:23,960 Speaker 20: Chiefs are an absolute chance down there. 1315 01:01:24,040 --> 01:01:26,720 Speaker 3: Okay, well, let's hope so. And the good side is Andrew, 1316 01:01:26,800 --> 01:01:28,560 Speaker 3: or the good thing is Andrew. That you got the 1317 01:01:28,600 --> 01:01:30,840 Speaker 3: two best teams and all things being yet, well, it 1318 01:01:30,880 --> 01:01:32,560 Speaker 3: should be a very good game and that's what you wanted. 1319 01:01:32,720 --> 01:01:34,720 Speaker 14: Yeah, I mean it should be. It'll be, it'll be tense, 1320 01:01:34,880 --> 01:01:38,240 Speaker 14: it'll be, it should be a classic final. These two 1321 01:01:38,320 --> 01:01:40,440 Speaker 14: teams have been picked by many to make the final 1322 01:01:40,520 --> 01:01:43,120 Speaker 14: for quite a while, since probably mid season, if not earlier. 1323 01:01:44,720 --> 01:01:46,920 Speaker 14: Wasn't that a great finish? A bench of the Blues 1324 01:01:46,920 --> 01:01:50,800 Speaker 14: are still kicking themselves. Oh, with players like Rico Yuanni 1325 01:01:50,840 --> 01:01:53,320 Speaker 14: and Talia and Caleb Clark, they maybe should have shifted 1326 01:01:53,360 --> 01:01:56,960 Speaker 14: that ball earlier. But to the Crusaders credit, that defense 1327 01:01:57,080 --> 01:01:58,000 Speaker 14: was just. 1328 01:01:58,280 --> 01:02:00,600 Speaker 3: Yeah, but you never won, Andrew. You never want a 1329 01:02:00,640 --> 01:02:02,040 Speaker 3: game on regrets, my friend. 1330 01:02:02,760 --> 01:02:03,120 Speaker 14: There you go. 1331 01:02:05,120 --> 01:02:08,240 Speaker 3: I can't argue with that. The Jason can I just quickly. 1332 01:02:08,240 --> 01:02:09,919 Speaker 3: I don't want to dwell on this because it's the weird. 1333 01:02:10,120 --> 01:02:11,880 Speaker 3: I mean, it happens everyfore, I get it. But this 1334 01:02:12,000 --> 01:02:15,680 Speaker 3: world clup, you know, the Club Cup we go where 1335 01:02:15,720 --> 01:02:18,160 Speaker 3: you go to Blues ten nil. I mean, what's the 1336 01:02:18,240 --> 01:02:18,600 Speaker 3: point of that? 1337 01:02:19,520 --> 01:02:22,360 Speaker 10: Yeah, Well, This is a revised format, you know. 1338 01:02:22,480 --> 01:02:26,320 Speaker 20: And previously it's you know, Auckland City usually is our representative. 1339 01:02:26,360 --> 01:02:29,680 Speaker 20: They go over there, they play one game and that's it. 1340 01:02:29,920 --> 01:02:33,520 Speaker 20: They've changed it to an expanded, bloated group format, which 1341 01:02:33,600 --> 01:02:36,920 Speaker 20: is throwing Auckland City in with the likes of Bayern Munich, Benfka, 1342 01:02:37,040 --> 01:02:40,560 Speaker 20: Boca Junior's absolute mismatch Mike, you know. 1343 01:02:40,760 --> 01:02:44,720 Speaker 10: And yeah, look, these are amateur players, you know. 1344 01:02:45,080 --> 01:02:47,640 Speaker 20: They're guys with jobs the you know, hairdressers and real 1345 01:02:47,760 --> 01:02:50,400 Speaker 20: estate agents against the you know, some of the best 1346 01:02:50,480 --> 01:02:53,240 Speaker 20: paid and top players in the world. So the result 1347 01:02:53,320 --> 01:02:57,400 Speaker 20: shouldn't be a surprise. It will hurt, absolutely, it'll hurt. 1348 01:02:57,520 --> 01:03:00,480 Speaker 3: But would you enjoy it? I mean, if you were 1349 01:03:00,520 --> 01:03:02,840 Speaker 3: a hairdresser Jason, and you were in the side and 1350 01:03:02,920 --> 01:03:07,080 Speaker 3: you were going over there and you saw the ball 1351 01:03:07,160 --> 01:03:09,360 Speaker 3: go past you ten times, would you go this is fun. 1352 01:03:10,320 --> 01:03:11,600 Speaker 18: Given Jason's lack of. 1353 01:03:13,280 --> 01:03:15,880 Speaker 14: A boot, I don't think you'd be a head dressing. 1354 01:03:15,800 --> 01:03:17,000 Speaker 10: Yeah, I realized that agent. 1355 01:03:17,120 --> 01:03:20,520 Speaker 20: Maybe yes, But look, I think you look across and 1356 01:03:20,560 --> 01:03:23,680 Speaker 20: you say, oh, there's Harry Kane. I'm marking Harry Kine 1357 01:03:23,720 --> 01:03:26,440 Speaker 20: today to be on the same pitch, and things like that. 1358 01:03:26,600 --> 01:03:28,920 Speaker 20: I think that would be significant for you. Would you 1359 01:03:29,080 --> 01:03:30,360 Speaker 20: enjoy being beaten ten nil? 1360 01:03:30,720 --> 01:03:31,440 Speaker 10: Absolutely not? 1361 01:03:31,760 --> 01:03:34,440 Speaker 3: Yeah, I just I don't know what the enjoyment slash. 1362 01:03:34,720 --> 01:03:37,240 Speaker 14: Let's not get too grinchy about it, Michael. I mean 1363 01:03:37,280 --> 01:03:40,520 Speaker 14: it's a great experience for those guys. I'll never taste 1364 01:03:40,520 --> 01:03:43,920 Speaker 14: it again. Well, I'd imagine that the tour as a 1365 01:03:43,960 --> 01:03:45,720 Speaker 14: whole would be a great experience. You know, that'd be 1366 01:03:45,800 --> 01:03:49,360 Speaker 14: staying and I'd imagine four or five stars given fevers. 1367 01:03:49,120 --> 01:03:51,840 Speaker 3: In a nice hotel. So so what you're you're on holiday? 1368 01:03:51,840 --> 01:03:52,040 Speaker 8: Are you? 1369 01:03:52,120 --> 01:03:54,320 Speaker 3: Andrew? Don't worry about n nice room. 1370 01:03:55,360 --> 01:03:58,280 Speaker 14: The whole experience of aiming to finish in Oceania as 1371 01:03:58,320 --> 01:04:00,240 Speaker 14: a number one club and then getting the chart to 1372 01:04:00,320 --> 01:04:02,520 Speaker 14: go to this sort of tournament, it would be it'd 1373 01:04:02,560 --> 01:04:07,680 Speaker 14: be a fantastic, fantastic life changing. Would an unforgettable experience? 1374 01:04:07,800 --> 01:04:10,160 Speaker 3: Yeah, I think that goes down to the individual. That's 1375 01:04:10,160 --> 01:04:11,720 Speaker 3: why I'm asking the question. I mean, some people you 1376 01:04:11,720 --> 01:04:13,480 Speaker 3: are you one hundred percent right? Some people go, well, 1377 01:04:13,640 --> 01:04:15,200 Speaker 3: no one else is going to get the opportunity to 1378 01:04:15,280 --> 01:04:15,440 Speaker 3: do this. 1379 01:04:15,520 --> 01:04:17,040 Speaker 14: It's not going to go over there and beat Bayern 1380 01:04:17,160 --> 01:04:18,520 Speaker 14: Munich Car No, they're no. 1381 01:04:19,040 --> 01:04:21,560 Speaker 3: There was a lot it will be some competitive people 1382 01:04:21,640 --> 01:04:25,400 Speaker 3: in there that that secretly, deep down want to achieve 1383 01:04:25,520 --> 01:04:28,200 Speaker 3: something specific on the field. And unless that hamsdal Field 1384 01:04:28,240 --> 01:04:30,560 Speaker 3: disappointed about it. Actually, speaking of what Jason, this is, 1385 01:04:30,600 --> 01:04:33,160 Speaker 3: This Stephen Adams thing needs more coverage than it's getting, 1386 01:04:33,760 --> 01:04:36,920 Speaker 3: mainly because how long has he been playing now? 1387 01:04:38,000 --> 01:04:40,840 Speaker 10: Oh well, yeah, see, I think he turns thirty five 1388 01:04:40,960 --> 01:04:42,560 Speaker 10: at the end of this deal. Is that right? Or 1389 01:04:42,680 --> 01:04:43,080 Speaker 10: is he thirty? 1390 01:04:43,320 --> 01:04:44,680 Speaker 14: I think at the end of his end of this 1391 01:04:44,840 --> 01:04:47,280 Speaker 14: new contract he would have been playing in the NBA fifteen. 1392 01:04:47,480 --> 01:04:50,080 Speaker 3: I mean that's fantastic, isn't it. I mean that I 1393 01:04:50,160 --> 01:04:52,440 Speaker 3: remember I remember distinctly when he got packed and I 1394 01:04:52,520 --> 01:04:55,840 Speaker 3: thought while NBA were who were all excited? And then 1395 01:04:55,880 --> 01:04:57,760 Speaker 3: he went off the boil for a while. You remember 1396 01:04:57,800 --> 01:04:59,240 Speaker 3: that he was sort of hot than he was and 1397 01:04:59,320 --> 01:05:00,240 Speaker 3: and then he got traded. 1398 01:05:00,240 --> 01:05:02,240 Speaker 14: Around a couple of times, had injuries. 1399 01:05:02,360 --> 01:05:05,480 Speaker 20: Yeah, but they may love over there. The Houston Rockets 1400 01:05:05,520 --> 01:05:08,520 Speaker 20: absolutely love him. And look, I mean, I think it'll 1401 01:05:08,560 --> 01:05:11,840 Speaker 20: bring his career earnings to half a billion. I think 1402 01:05:11,920 --> 01:05:14,680 Speaker 20: I read so you know that that in itself is 1403 01:05:14,880 --> 01:05:19,120 Speaker 20: extraordinary for Steven ANDAs But he's clearly found a niche 1404 01:05:19,160 --> 01:05:19,560 Speaker 20: over there. 1405 01:05:19,640 --> 01:05:21,680 Speaker 10: That teams love having him on board. 1406 01:05:21,720 --> 01:05:24,200 Speaker 20: He's never going to be a big scorer, but infusively 1407 01:05:24,440 --> 01:05:26,080 Speaker 20: as a teammate outstanding. 1408 01:05:26,240 --> 01:05:28,280 Speaker 14: Yeah, you saw the way he played for the Houston Rockets. 1409 01:05:28,360 --> 01:05:29,479 Speaker 14: Might need the tail end of this season. 1410 01:05:29,560 --> 01:05:29,680 Speaker 8: Yea. 1411 01:05:29,680 --> 01:05:31,720 Speaker 14: I think they got beaten in the first round of 1412 01:05:31,720 --> 01:05:35,520 Speaker 14: the playoffs. But he played some of the best basketball's career. 1413 01:05:35,360 --> 01:05:37,240 Speaker 3: And they spoke very well of them. They spoke very 1414 01:05:37,320 --> 01:05:38,760 Speaker 3: very well. Brief break more in a moment with the guys. 1415 01:05:38,800 --> 01:05:40,640 Speaker 3: It's thirteen Past The. 1416 01:05:40,800 --> 01:05:45,040 Speaker 1: Mike Husking Breakfast Full Show podcast on iHeartRadio car it 1417 01:05:45,160 --> 01:05:46,160 Speaker 1: by News Talk ZIPP. 1418 01:05:47,160 --> 01:05:51,040 Speaker 3: He talks seventeen Past Days the Monday morning commentary box 1419 01:05:51,240 --> 01:05:54,880 Speaker 3: on the Mike Husking Breakfast with Spears Finance, supporting Kiwi 1420 01:05:54,960 --> 01:05:58,400 Speaker 3: businesses with finance solutions for over fifty years. Jason Pin 1421 01:05:58,440 --> 01:06:01,680 Speaker 3: Andrews Sevil save you've been watching the one oh a 1422 01:06:01,720 --> 01:06:05,320 Speaker 3: little bits of it might the Papaya rules and when 1423 01:06:05,360 --> 01:06:06,800 Speaker 3: you don't have a number one drive. 1424 01:06:06,840 --> 01:06:07,360 Speaker 8: It happened there. 1425 01:06:07,920 --> 01:06:11,920 Speaker 3: What happened there was that Norris was getting antsy and 1426 01:06:12,600 --> 01:06:15,160 Speaker 3: instead of having instruction, clear instruction from the team as 1427 01:06:15,200 --> 01:06:17,200 Speaker 3: to what you do in those circumstances, because it wasn't 1428 01:06:17,200 --> 01:06:19,760 Speaker 3: the first time, and it won't be the last. Norris 1429 01:06:19,840 --> 01:06:22,400 Speaker 3: tries to overtake on the inside and hits a wall 1430 01:06:22,480 --> 01:06:23,840 Speaker 3: and that's the end of his racing. There are no 1431 01:06:23,960 --> 01:06:25,080 Speaker 3: points and they blow it. 1432 01:06:25,960 --> 01:06:28,800 Speaker 14: This pretty much always happens, doesn't it. When one team 1433 01:06:28,960 --> 01:06:31,320 Speaker 14: is a lot better than others and they have two 1434 01:06:31,440 --> 01:06:34,400 Speaker 14: very good drivers and two very good cars, that teammates 1435 01:06:34,520 --> 01:06:35,400 Speaker 14: end up in bust ups. 1436 01:06:35,480 --> 01:06:37,880 Speaker 3: Yeah, but that's each other. That's where that's where it's 1437 01:06:37,880 --> 01:06:39,920 Speaker 3: good to have a driver, and you have favored the 1438 01:06:40,160 --> 01:06:43,160 Speaker 3: driver over the two drivers, and you know, what do 1439 01:06:43,240 --> 01:06:43,960 Speaker 3: you do, Jason. 1440 01:06:44,880 --> 01:06:47,320 Speaker 10: They'll have to decide, won't they, Mike, Well, they. 1441 01:06:47,320 --> 01:06:49,080 Speaker 3: Said that last year and they're saying it this year. 1442 01:06:49,160 --> 01:06:51,560 Speaker 3: But they won't and they don't, and they favor everybody 1443 01:06:51,680 --> 01:06:54,560 Speaker 3: until they get into the situation. Instead of scoring whatever 1444 01:06:54,680 --> 01:06:57,240 Speaker 3: number of points they got, they got zero because you 1445 01:06:57,320 --> 01:06:58,720 Speaker 3: don't get points for hitting a wall. 1446 01:06:59,600 --> 01:07:02,600 Speaker 20: Yeah, And they're clearly the fastest cars, aren't they. McLaren So, 1447 01:07:03,080 --> 01:07:05,120 Speaker 20: I don't know, maybe it's I mean, you've got to 1448 01:07:05,200 --> 01:07:07,480 Speaker 20: just say to one of them, look, I'm sorry, mate, 1449 01:07:07,520 --> 01:07:09,280 Speaker 20: but you're number two, Yeah, don't you? 1450 01:07:09,840 --> 01:07:12,240 Speaker 3: Well you would have thought so. But they haven't, so 1451 01:07:12,400 --> 01:07:14,000 Speaker 3: I don't know what happens. Anyway. The point is that 1452 01:07:14,320 --> 01:07:17,480 Speaker 3: Russell Russell won and Antonelli came third, which is not 1453 01:07:17,520 --> 01:07:19,160 Speaker 3: bad to get a But at some point I'm going 1454 01:07:19,200 --> 01:07:23,760 Speaker 3: to talk about old Liam because his engine car blew up, right, Yeah, 1455 01:07:23,840 --> 01:07:25,240 Speaker 3: but there was a new engine. 1456 01:07:25,320 --> 01:07:27,880 Speaker 14: I mean, you think it's not his fault. 1457 01:07:28,320 --> 01:07:30,880 Speaker 3: I'm not blaming him. I'm just saying that the problem 1458 01:07:30,920 --> 01:07:32,600 Speaker 3: with F one is by the time you've got a 1459 01:07:32,640 --> 01:07:34,520 Speaker 3: whole bunch of stuff that happens to you that isn't 1460 01:07:34,600 --> 01:07:37,919 Speaker 3: your fault, accumulated with a bunch of stuff that's happening 1461 01:07:37,960 --> 01:07:40,640 Speaker 3: in the team that isn't your doing, Accumulated with a 1462 01:07:40,680 --> 01:07:43,440 Speaker 3: bunch of stuff that may well be your fault, then 1463 01:07:43,800 --> 01:07:44,720 Speaker 3: things don't look good. 1464 01:07:45,680 --> 01:07:48,880 Speaker 14: Yeah. Yeah, the stuff that happens it isn't your fault 1465 01:07:48,920 --> 01:07:50,840 Speaker 14: would soon heat pressure on you, right Yeah. 1466 01:07:51,600 --> 01:07:56,160 Speaker 20: And he's so frustrated, isn't he. You see Liam interviewed 1467 01:07:56,200 --> 01:07:59,360 Speaker 20: after qualifying. I haven't seen his post race stuff today, 1468 01:07:59,440 --> 01:08:02,640 Speaker 20: but he's clearly so frustrated. And I think sav you 1469 01:08:02,720 --> 01:08:04,440 Speaker 20: said a few weeks ago, there always seems to be 1470 01:08:04,600 --> 01:08:07,760 Speaker 20: something that happens, you know, whether it's his fold or not. 1471 01:08:08,400 --> 01:08:11,439 Speaker 20: Something happens around that team every Grand Prix. 1472 01:08:12,720 --> 01:08:15,080 Speaker 3: It's unfortunate. It's frustrating watching. I can tell you that 1473 01:08:15,160 --> 01:08:17,120 Speaker 3: for nothing. Did either of you guys watch the Gulf 1474 01:08:17,160 --> 01:08:19,200 Speaker 3: over the weekend Because I didn't. I couldn't work out 1475 01:08:19,240 --> 01:08:21,160 Speaker 3: whether it was it the conditions or the course or 1476 01:08:21,280 --> 01:08:23,880 Speaker 3: both that caused so much difficulty at the US Open 1477 01:08:23,920 --> 01:08:25,280 Speaker 3: and know and score particularly well. 1478 01:08:25,360 --> 01:08:28,920 Speaker 14: Would you rather watch the world's best players struggle or 1479 01:08:29,280 --> 01:08:32,240 Speaker 14: go around the course? It's manicured and quite easy in 1480 01:08:32,320 --> 01:08:33,559 Speaker 14: a vertical very good point. 1481 01:08:33,600 --> 01:08:35,719 Speaker 3: There's nothing worse than watching when the winner's at twenty 1482 01:08:35,800 --> 01:08:37,840 Speaker 3: three under. You're thinking that. 1483 01:08:38,520 --> 01:08:39,120 Speaker 2: That's a joke. 1484 01:08:40,040 --> 01:08:40,240 Speaker 14: Yep. 1485 01:08:40,600 --> 01:08:43,960 Speaker 3: But I'd like to watch a tough course. I don't 1486 01:08:44,080 --> 01:08:47,479 Speaker 3: like to see tough conditions because tough conditions means the 1487 01:08:47,600 --> 01:08:50,280 Speaker 3: element of luxeen play. I don't mind a tough course 1488 01:08:50,280 --> 01:08:51,920 Speaker 3: where you have to battle the course though, which I'm 1489 01:08:51,960 --> 01:08:53,400 Speaker 3: assuming is what happened here. 1490 01:08:54,280 --> 01:08:56,400 Speaker 14: There's two players, any two players under the pars and 1491 01:08:56,439 --> 01:08:58,520 Speaker 14: the underparts Adam Scott's and the huntst. 1492 01:08:58,400 --> 01:08:59,920 Speaker 8: I think so, yeah, yeah. 1493 01:09:00,080 --> 01:09:01,960 Speaker 10: Ryan Fox actually had a really good fourth round. He 1494 01:09:02,040 --> 01:09:02,720 Speaker 10: shot one under. 1495 01:09:03,560 --> 01:09:06,679 Speaker 20: Not many have gone under part in a rounds across 1496 01:09:06,720 --> 01:09:08,960 Speaker 20: the entire weekend. So yeah, Fox, he's finished pretty well 1497 01:09:09,000 --> 01:09:11,599 Speaker 20: actually with a one under round. I think Adam Scott. 1498 01:09:12,040 --> 01:09:14,840 Speaker 20: And it's also Sam Burns, isn't it who Ryan Fox? 1499 01:09:14,920 --> 01:09:17,400 Speaker 20: Beating a playoff in that Canadian Open a week ago. 1500 01:09:17,439 --> 01:09:19,080 Speaker 20: They're the two at the top, so they'll battle it 1501 01:09:19,120 --> 01:09:21,120 Speaker 20: out down the streets, no doubt. But yeah, I think, 1502 01:09:21,200 --> 01:09:23,720 Speaker 20: you know, the golfers themselves say, why would you put 1503 01:09:23,800 --> 01:09:26,120 Speaker 20: us through this? You know, we've worked so hard to 1504 01:09:26,200 --> 01:09:28,160 Speaker 20: become the best in the world. Why would you bought 1505 01:09:28,200 --> 01:09:30,040 Speaker 20: us on this dog of a course? But yeah, I 1506 01:09:30,200 --> 01:09:31,920 Speaker 20: like the challenge off player. 1507 01:09:31,680 --> 01:09:35,040 Speaker 14: These courses, the grant the majors that Fox has played, 1508 01:09:35,040 --> 01:09:36,920 Speaker 14: and he's generally done pretty well as in the top twenty, 1509 01:09:36,960 --> 01:09:38,120 Speaker 14: top thirty. You can't sneeze at that. 1510 01:09:38,439 --> 01:09:39,000 Speaker 3: It's good miss. 1511 01:09:39,040 --> 01:09:40,960 Speaker 14: Of course he'd love to win one, obviously, but. 1512 01:09:42,640 --> 01:09:45,120 Speaker 3: It's a good win. By the way, you guys watching 1513 01:09:45,160 --> 01:09:49,400 Speaker 3: Full Swing season three, No, No, it's funny that because 1514 01:09:49,560 --> 01:09:51,840 Speaker 3: I watched the first season one or bits of it, 1515 01:09:52,080 --> 01:09:54,400 Speaker 3: and then I went to see it. I've thought I 1516 01:09:54,479 --> 01:09:56,679 Speaker 3: don't need this anymore, and I happened to watch episode 1517 01:09:56,720 --> 01:09:59,479 Speaker 3: one of season three well worth watching, and it's one 1518 01:09:59,479 --> 01:10:02,360 Speaker 3: of those rare things that's episodic. In other words, you 1519 01:10:02,439 --> 01:10:04,880 Speaker 3: don't have to be buying the whole thing. You can 1520 01:10:04,960 --> 01:10:08,479 Speaker 3: watch any episode and it's a really good one and 1521 01:10:08,600 --> 01:10:11,599 Speaker 3: the next one's really bad. So it's not like you're 1522 01:10:11,600 --> 01:10:13,680 Speaker 3: committed to the whole thing, but some very good, very 1523 01:10:13,720 --> 01:10:14,240 Speaker 3: good coverage. 1524 01:10:14,360 --> 01:10:16,000 Speaker 14: I might be late to the party, but I've watched 1525 01:10:16,080 --> 01:10:18,760 Speaker 14: the Shaquille O'Neil relaunching of Rebok. Have you watched? 1526 01:10:18,840 --> 01:10:22,400 Speaker 3: I thought that was crap? Really yeah, I thought that's 1527 01:10:22,520 --> 01:10:22,920 Speaker 3: It's got. 1528 01:10:23,040 --> 01:10:25,120 Speaker 14: Me a little bit out, you know, all that youth culture, 1529 01:10:25,160 --> 01:10:27,280 Speaker 14: and that's probably not in your bloody lane, is it? 1530 01:10:27,400 --> 01:10:29,200 Speaker 14: I just I like quite watching it. You know, I'd 1531 01:10:29,240 --> 01:10:33,960 Speaker 14: like to stick. I like to is it. I like 1532 01:10:34,080 --> 01:10:35,320 Speaker 14: to keep up with the trends. 1533 01:10:35,840 --> 01:10:37,680 Speaker 3: What I didn't know is I didn't know. I mean 1534 01:10:37,720 --> 01:10:40,320 Speaker 3: the backstory that they signed Who's who's his mate? The 1535 01:10:40,400 --> 01:10:44,320 Speaker 3: other guys on and so they signed him. They never 1536 01:10:44,400 --> 01:10:47,120 Speaker 3: were anything. They got to number two, are respectable, number two, 1537 01:10:47,680 --> 01:10:50,000 Speaker 3: it's down to number three. They want to relaunch it. 1538 01:10:50,080 --> 01:10:52,160 Speaker 3: I thought the concept of a show was quite good. 1539 01:10:52,200 --> 01:10:53,719 Speaker 3: I just don't know that he's that good. 1540 01:10:53,640 --> 01:10:56,720 Speaker 14: Of talent, really, Shaqui. I think he's I think he's 1541 01:10:56,760 --> 01:10:57,080 Speaker 14: good at. 1542 01:10:57,040 --> 01:10:59,760 Speaker 3: The basketball, but sitting around in the very. 1543 01:10:59,760 --> 01:11:02,439 Speaker 14: Dry I'm very funny. Yeah, so you might. 1544 01:11:03,040 --> 01:11:03,880 Speaker 18: You know, I just don't. 1545 01:11:04,000 --> 01:11:06,240 Speaker 14: Well do you think I just don't think you like 1546 01:11:06,320 --> 01:11:11,920 Speaker 14: a bright shoe? You know me? 1547 01:11:12,040 --> 01:11:12,080 Speaker 1: So? 1548 01:11:12,200 --> 01:11:14,519 Speaker 3: Well, nice to see your sat pants with a bit 1549 01:11:14,520 --> 01:11:17,080 Speaker 3: of movement. Yeah, no, fair enough to ad Jason Py 1550 01:11:17,120 --> 01:11:21,479 Speaker 3: and Andrews Savil's and with TV recommendations eight twenty two of. 1551 01:11:21,640 --> 01:11:26,320 Speaker 1: The Mike hosting Breakfast with Veda Retirement Communities News togs headv. 1552 01:11:27,160 --> 01:11:29,719 Speaker 3: Fifty years now, Bailey's Real Estate has built a legacy 1553 01:11:29,760 --> 01:11:32,240 Speaker 3: of trust and innovation across this country as the country's 1554 01:11:32,360 --> 01:11:35,360 Speaker 3: leading full service real estate agency. From the humble beginnings, 1555 01:11:35,400 --> 01:11:37,840 Speaker 3: they've matured into the country's largest locally owned it's a 1556 01:11:37,840 --> 01:11:40,400 Speaker 3: great story and family operated of course real estate network. 1557 01:11:40,640 --> 01:11:43,400 Speaker 3: They've got how many hundred officers, They've got two thousand 1558 01:11:43,479 --> 01:11:46,720 Speaker 3: personnel expertise across all corners of that property sector that 1559 01:11:46,800 --> 01:11:50,040 Speaker 3: includes the residential, commercial, rural, property services, the whole kit 1560 01:11:50,080 --> 01:11:53,280 Speaker 3: and caboodle. And while adding value across the property sector, 1561 01:11:53,320 --> 01:11:55,880 Speaker 3: they also beside you on the rugby picture and in 1562 01:11:55,880 --> 01:11:58,240 Speaker 3: the gun boots on the farm and investing in the 1563 01:11:58,320 --> 01:12:02,040 Speaker 3: local communities nationwide of the kiwiway. It it's the Bailey's way. 1564 01:12:02,080 --> 01:12:04,439 Speaker 3: It's why they're so successful, backed of course by National 1565 01:12:04,520 --> 01:12:07,679 Speaker 3: Network strategic international partnerships in there as well. That gives 1566 01:12:07,760 --> 01:12:09,960 Speaker 3: their clients the cutting edge. People are at the forefront 1567 01:12:10,000 --> 01:12:13,080 Speaker 3: of everything. They do very proud to support New Zealanders 1568 01:12:13,280 --> 01:12:15,360 Speaker 3: to achieve their property goals. Bailey, They've done the real 1569 01:12:15,479 --> 01:12:18,360 Speaker 3: estate differently for half a century. So the question for 1570 01:12:18,439 --> 01:12:21,560 Speaker 3: you is how can Baileys altogether better approach help you. 1571 01:12:22,000 --> 01:12:26,240 Speaker 3: Bailey's dot co dot NZ licensed under the Area Act 1572 01:12:26,280 --> 01:12:28,960 Speaker 3: of two thousand and eight, of course, but Bailey's dot 1573 01:12:29,040 --> 01:12:31,280 Speaker 3: Co dot Nz you can deal. 1574 01:12:31,479 --> 01:12:33,320 Speaker 2: With the best Cosking. 1575 01:12:33,640 --> 01:12:37,560 Speaker 3: Season three of Full Swing Mike is great. Last episode 1576 01:12:38,000 --> 01:12:42,479 Speaker 3: is incredible. Never cried that hard in a sports documentary. Oo, 1577 01:12:44,000 --> 01:12:47,479 Speaker 3: I'm not there yet, Mike. Please get the health Minister 1578 01:12:47,560 --> 01:12:49,240 Speaker 3: on your show to answer the four pm must stop 1579 01:12:49,280 --> 01:12:51,479 Speaker 3: working question. It's too important to let luxe and brush. 1580 01:12:51,520 --> 01:12:53,000 Speaker 3: It's a fair point, Ross and I think at some 1581 01:12:53,120 --> 01:12:54,880 Speaker 3: point we're going into next time I get Simmi in 1582 01:12:54,920 --> 01:12:57,160 Speaker 3: honor as associate. Will will do that because it was 1583 01:12:57,240 --> 01:12:59,519 Speaker 3: that If you missed it last week, we had a 1584 01:13:00,240 --> 01:13:03,519 Speaker 3: sougenon and it was the operations being done to the 1585 01:13:03,520 --> 01:13:06,559 Speaker 3: private sector and labor are ideologically opposed to this sort 1586 01:13:06,560 --> 01:13:07,960 Speaker 3: of thing, and we were trying to work through why 1587 01:13:08,080 --> 01:13:10,200 Speaker 3: you would be as long as people get the job done, 1588 01:13:10,240 --> 01:13:12,120 Speaker 3: who cares? And then I said, what is it that's 1589 01:13:12,120 --> 01:13:14,280 Speaker 3: stuck with the public service? He goes, well, once it 1590 01:13:14,320 --> 01:13:17,400 Speaker 3: looks like it's going past four o'clock, they start canceling things. 1591 01:13:17,520 --> 01:13:19,320 Speaker 3: Now that was a revelation to me. It seems the 1592 01:13:19,400 --> 01:13:21,920 Speaker 3: weirdest thing in the world. So it does deserve some 1593 01:13:22,080 --> 01:13:22,679 Speaker 3: sort of answer. 1594 01:13:22,800 --> 01:13:23,920 Speaker 2: So we are on it. 1595 01:13:24,160 --> 01:13:26,040 Speaker 3: As they say, Steve Price though. 1596 01:13:26,080 --> 01:13:29,639 Speaker 1: Next the only report you need to start your day 1597 01:13:29,960 --> 01:13:34,360 Speaker 1: on my casting breakfast with a Veta Retirement, Communities, Life 1598 01:13:34,600 --> 01:13:36,160 Speaker 1: your Way, News togs headvs. 1599 01:13:36,320 --> 01:13:37,639 Speaker 3: Just around out what I was saying to the Prime 1600 01:13:37,640 --> 01:13:40,959 Speaker 3: Minister an hour ago. And this was the reference around benefits. 1601 01:13:41,880 --> 01:13:44,840 Speaker 3: Hundred and forty three people more are receiving a benefit 1602 01:13:45,040 --> 01:13:47,760 Speaker 3: just in May twenty seven, two hundred and forty three. Now, 1603 01:13:47,800 --> 01:13:50,519 Speaker 3: as explanation is fair enough, the unemployment is the last 1604 01:13:50,560 --> 01:13:52,439 Speaker 3: one to you know, you get the inflation under control, 1605 01:13:52,479 --> 01:13:54,920 Speaker 3: you get the spending under control, last cab off the 1606 01:13:55,040 --> 01:13:59,080 Speaker 3: rank and sorting the economy out is unemployment, but it is. 1607 01:13:59,240 --> 01:14:02,479 Speaker 3: The number of people benefits rose by seven percent to 1608 01:14:02,800 --> 01:14:05,320 Speaker 3: four hundred and three thousand. Think about population, but it's 1609 01:14:05,320 --> 01:14:07,280 Speaker 3: about ten you know, just under ten percent of the 1610 01:14:07,320 --> 01:14:10,599 Speaker 3: population is on some sort of benefit accessing job seeker. 1611 01:14:10,640 --> 01:14:13,840 Speaker 3: That's up eleven percent, so twenty one thousand, So it's 1612 01:14:13,880 --> 01:14:16,040 Speaker 3: two hundred and thirteen thousand, eight hundred and thirty one. 1613 01:14:16,479 --> 01:14:19,400 Speaker 3: What makes it slightly complicated is the people on to 1614 01:14:19,479 --> 01:14:21,960 Speaker 3: people off ratio. Because nine and a half percent more 1615 01:14:22,080 --> 01:14:27,200 Speaker 3: people found work, so that's encouraging. Eight percent more benefits 1616 01:14:27,240 --> 01:14:29,800 Speaker 3: were canceled than a year ago, which is a total 1617 01:14:29,800 --> 01:14:32,799 Speaker 3: of just over six thousand. For some that would include 1618 01:14:32,880 --> 01:14:35,400 Speaker 3: sanctions as well, so there are people leaving the benefit 1619 01:14:35,520 --> 01:14:38,439 Speaker 3: too fine work, which I guess is encouraging, but you 1620 01:14:38,560 --> 01:14:41,080 Speaker 3: can't hide from the overall number. And the overall number 1621 01:14:41,320 --> 01:14:44,840 Speaker 3: of people on welfare is higher than it was the 1622 01:14:44,920 --> 01:14:46,599 Speaker 3: previous month, and that's never a good sign. 1623 01:14:46,720 --> 01:14:50,640 Speaker 16: Twenty two to nine International correspondence with ends in eye 1624 01:14:50,720 --> 01:14:53,479 Speaker 16: Insurance Peace of mind for New Zealand business see. 1625 01:14:53,320 --> 01:14:56,360 Speaker 3: Price from Australia. Very good Monday morning to you. Good there, 1626 01:14:56,640 --> 01:14:58,640 Speaker 3: So Elbow got it. First of all, he's got the 1627 01:14:58,720 --> 01:15:00,920 Speaker 3: meeting locked in, which for a while they were over 1628 01:15:00,960 --> 01:15:02,400 Speaker 3: the week and looked a bit touch and go. Does 1629 01:15:02,479 --> 01:15:04,000 Speaker 3: he know how he's going to handle us? 1630 01:15:05,240 --> 01:15:07,080 Speaker 8: I can't imagine he would, and I thought it would 1631 01:15:07,080 --> 01:15:11,040 Speaker 8: have been a very nervous flight from Australia fig onto 1632 01:15:11,120 --> 01:15:15,000 Speaker 8: Canada for the Prime Minister Anthony Alberiz. He wanting to 1633 01:15:15,040 --> 01:15:18,440 Speaker 8: meet Donald Trump. We had it reported all weekend, expected 1634 01:15:18,560 --> 01:15:20,479 Speaker 8: to you always know that it's not locked in, and 1635 01:15:20,560 --> 01:15:23,880 Speaker 8: then someone's obviously said, yeah, it'll happen. And so he's 1636 01:15:23,920 --> 01:15:27,800 Speaker 8: now scheduled to meet Donald Trump tomorrow our time. He 1637 01:15:27,880 --> 01:15:32,519 Speaker 8: flies into Calgary in Canada this morning. He's on the 1638 01:15:32,640 --> 01:15:35,120 Speaker 8: sidelines of the G seven, which means you're not invited, 1639 01:15:35,160 --> 01:15:37,519 Speaker 8: but if you hang around long enough you can talk 1640 01:15:37,520 --> 01:15:39,479 Speaker 8: to a few people. He's got to hold a meeting, 1641 01:15:39,560 --> 01:15:43,200 Speaker 8: a bilateral meeting with the Canadian Prime Minister Mark Carney, 1642 01:15:43,240 --> 01:15:47,400 Speaker 8: who's from his same side of politics, and he'll sit 1643 01:15:47,479 --> 01:15:49,679 Speaker 8: down and talk to him. He'll also meet with Sirkirs 1644 01:15:49,680 --> 01:15:52,240 Speaker 8: Starmer from the UK. So what's he going to talk 1645 01:15:52,280 --> 01:15:55,040 Speaker 8: to all these people about? Well, aucust for a start, 1646 01:15:55,400 --> 01:15:58,640 Speaker 8: this is the multi billion dollar deal over the submarines 1647 01:15:59,200 --> 01:16:02,920 Speaker 8: that is a sort of risk because the American US 1648 01:16:03,000 --> 01:16:05,640 Speaker 8: Congress has said, well, hang on a minute, we're going 1649 01:16:05,680 --> 01:16:08,519 Speaker 8: to make sure we have subs for ourselves before we 1650 01:16:08,600 --> 01:16:12,160 Speaker 8: start making them and shelving them off to Australia. So 1651 01:16:12,280 --> 01:16:15,479 Speaker 8: that's going to be a reasonably interesting conversation. And then 1652 01:16:15,840 --> 01:16:18,519 Speaker 8: you have tariffs with aluminum and steel. He's going to 1653 01:16:18,560 --> 01:16:20,800 Speaker 8: talk about that as well. I don't know how you'd 1654 01:16:20,840 --> 01:16:22,640 Speaker 8: handle Donald Trump. I mean, what would you do if 1655 01:16:22,640 --> 01:16:25,000 Speaker 8: you put in the room with Donald Trump to sit 1656 01:16:25,080 --> 01:16:26,760 Speaker 8: down and have a meeting. I presumed there's be some 1657 01:16:26,920 --> 01:16:30,680 Speaker 8: advisers there, but we've already seen how he dealt with 1658 01:16:30,880 --> 01:16:34,040 Speaker 8: various other world leaders in the Oval Office. At least 1659 01:16:34,080 --> 01:16:36,519 Speaker 8: this won't be public. It'll be in private exactly, and 1660 01:16:36,640 --> 01:16:38,600 Speaker 8: we probably won't hear if there is any sort of 1661 01:16:38,640 --> 01:16:39,599 Speaker 8: a blue that accurse. 1662 01:16:39,920 --> 01:16:42,400 Speaker 3: Is there an expectation because you've got your steel, but 1663 01:16:42,560 --> 01:16:44,680 Speaker 3: I mean, you've got your ten percent universal tariffs that 1664 01:16:44,760 --> 01:16:47,400 Speaker 3: we've all got, but you've got the you've got a 1665 01:16:47,479 --> 01:16:50,439 Speaker 3: surplus or they've got a surplus with you, so that's 1666 01:16:50,520 --> 01:16:53,160 Speaker 3: to your advantage. But then the steel and the aluminium, 1667 01:16:53,200 --> 01:16:54,800 Speaker 3: you've got a good case. And if he doesn't come 1668 01:16:54,840 --> 01:16:57,599 Speaker 3: away with something, then that's a fails. 1669 01:16:58,640 --> 01:17:00,519 Speaker 8: Yeah, it is really. I mean, we do, as you say, 1670 01:17:00,560 --> 01:17:03,720 Speaker 8: have a surplus. We also have something called Pine Gap, 1671 01:17:03,760 --> 01:17:06,679 Speaker 8: which is outside out of Springs, which is an extremely 1672 01:17:06,760 --> 01:17:09,800 Speaker 8: important US spy base. For want of a better work, 1673 01:17:10,400 --> 01:17:13,280 Speaker 8: we train American marines here. They are based in Darwin. 1674 01:17:13,920 --> 01:17:16,200 Speaker 8: The Port of Darwin is obviously crucial when it comes 1675 01:17:16,240 --> 01:17:19,360 Speaker 8: to monitoring what's going on with the Chinese navy in 1676 01:17:19,439 --> 01:17:22,080 Speaker 8: our region. So we have a lot of pluses on 1677 01:17:22,160 --> 01:17:24,880 Speaker 8: our side. But additionally, with Donald Trump, you know, the 1678 01:17:25,000 --> 01:17:27,040 Speaker 8: king who's got a military parade up and down out 1679 01:17:27,080 --> 01:17:29,280 Speaker 8: the front of his house because it's his birthday. So 1680 01:17:29,920 --> 01:17:32,240 Speaker 8: it's unpredictable. We'll just have to wait and see what How. 1681 01:17:32,720 --> 01:17:34,320 Speaker 3: Where are you at with the super text debate. 1682 01:17:35,400 --> 01:17:38,760 Speaker 8: Well, Bill Kelty, former boss of the ACTU, who with 1683 01:17:38,960 --> 01:17:42,080 Speaker 8: Paul Keating sat down an invented superannuation in this country. 1684 01:17:42,400 --> 01:17:44,560 Speaker 8: So if we want to look at why Australia's superannuation 1685 01:17:44,720 --> 01:17:47,599 Speaker 8: scheme is so good, it's because someone like Bill Kelty 1686 01:17:47,720 --> 01:17:49,519 Speaker 8: was involved in setting it up in the first place. 1687 01:17:49,920 --> 01:17:53,280 Speaker 8: He's come out with his first comments about this unrealized 1688 01:17:53,360 --> 01:17:56,920 Speaker 8: tax on profits over the amount of three million dollars 1689 01:17:56,960 --> 01:17:58,920 Speaker 8: in soup. He says bad policy. He said, I don't 1690 01:17:58,920 --> 01:18:02,639 Speaker 8: mind taxing people, but not unrealized earnings. I think taxing 1691 01:18:02,720 --> 01:18:07,000 Speaker 8: that is bad policy. It distorts the effective tax, changes 1692 01:18:07,040 --> 01:18:09,879 Speaker 8: your income flow. And if it was on superannuation, generally 1693 01:18:10,280 --> 01:18:13,640 Speaker 8: there'd be a revolution about it. It would destroy superannuation. 1694 01:18:14,080 --> 01:18:16,800 Speaker 8: You can't get any more blunt than that. And he 1695 01:18:17,040 --> 01:18:19,280 Speaker 8: is the architect of super in the first place. So 1696 01:18:20,000 --> 01:18:23,360 Speaker 8: with a hopefully he has some influence with Treasurer Jim 1697 01:18:23,439 --> 01:18:24,679 Speaker 8: Chalmers and they start to change. 1698 01:18:25,240 --> 01:18:27,559 Speaker 3: Just remind us because we're having the debate at the moment, 1699 01:18:27,600 --> 01:18:29,759 Speaker 3: so we can opt and opt out. So yours is compulsory. 1700 01:18:29,800 --> 01:18:31,080 Speaker 3: How much is your employer paying. 1701 01:18:32,880 --> 01:18:36,320 Speaker 8: It's going to eventually get to fifteen percent. You're currently 1702 01:18:36,439 --> 01:18:37,520 Speaker 8: paying twelve. 1703 01:18:37,320 --> 01:18:39,519 Speaker 3: Okay, so twelve you kick in twelve and they kick 1704 01:18:39,600 --> 01:18:40,240 Speaker 3: in twelve or no? 1705 01:18:41,280 --> 01:18:45,240 Speaker 8: No, no, well either or I mean you can either 1706 01:18:45,320 --> 01:18:48,280 Speaker 8: your employer pays it as part of your salary package, yes, 1707 01:18:48,600 --> 01:18:50,599 Speaker 8: or you pay it because you have to pay twelve 1708 01:18:50,640 --> 01:18:54,160 Speaker 8: percent out of your salary. So it's a negotiation with 1709 01:18:54,240 --> 01:18:59,320 Speaker 8: your employer. But everyone must contribute twelve percent of salary 1710 01:18:59,360 --> 01:19:03,080 Speaker 8: into into superannuation. So when you go for a job, 1711 01:19:03,439 --> 01:19:06,680 Speaker 8: it's normally he's your salary plus super right. 1712 01:19:06,840 --> 01:19:09,400 Speaker 3: And so given that's been going on for a long time, 1713 01:19:09,520 --> 01:19:13,160 Speaker 3: and it is unquestionably successful because you've saved a shedloaded 1714 01:19:13,240 --> 01:19:16,000 Speaker 3: dough when at two part question when it goes from 1715 01:19:16,000 --> 01:19:18,120 Speaker 3: twelve to fifteen to people go oh my god, this 1716 01:19:18,240 --> 01:19:21,639 Speaker 3: isn't fair and or would they argue that it isn't 1717 01:19:21,680 --> 01:19:24,120 Speaker 3: a good system. And overall it's worked well. 1718 01:19:24,960 --> 01:19:27,760 Speaker 8: Most people don't understand it, so they just simply wear it. 1719 01:19:27,920 --> 01:19:30,320 Speaker 8: They go and get a job and include super. So 1720 01:19:30,920 --> 01:19:33,320 Speaker 8: no one has that discussion, really, and no one takes 1721 01:19:33,360 --> 01:19:36,479 Speaker 8: any notice of how good or how bad superannuation is 1722 01:19:36,560 --> 01:19:38,479 Speaker 8: until they get into their mid fifties and work out 1723 01:19:38,479 --> 01:19:41,519 Speaker 8: how much they've got. So it works because it's forced 1724 01:19:41,600 --> 01:19:44,040 Speaker 8: saving it. It's like paying extra on your mortgage. There's 1725 01:19:44,080 --> 01:19:48,120 Speaker 8: no doubt it's a good system. But governments see these 1726 01:19:48,200 --> 01:19:52,160 Speaker 8: big pots of money and they go, well, we've got 1727 01:19:52,200 --> 01:19:53,840 Speaker 8: to get our hands on some of that. And that's 1728 01:19:53,880 --> 01:19:59,040 Speaker 8: why everybody labor liberal coalition who no matter who, loves 1729 01:19:59,120 --> 01:20:03,519 Speaker 8: to try and fiddle around the superannuation. 1730 01:20:03,000 --> 01:20:06,760 Speaker 3: And taxis interest. We're just going allegedly at the moment 1731 01:20:06,800 --> 01:20:08,880 Speaker 3: from three to four percent and that's voluntary. It's sort 1732 01:20:08,880 --> 01:20:11,360 Speaker 3: of pathetic, and we've got an ongoing superannuation problem. Hey 1733 01:20:11,400 --> 01:20:14,600 Speaker 3: how about Lando? Did you see it? Lando drive? He 1734 01:20:14,680 --> 01:20:17,439 Speaker 3: tries to take pstre on the inside hits What a clown, 1735 01:20:18,040 --> 01:20:18,719 Speaker 3: What an idiot? 1736 01:20:18,840 --> 01:20:22,120 Speaker 8: And you know I just saw the graphics on it 1737 01:20:22,320 --> 01:20:24,920 Speaker 8: just half an hour ago. And you can't put a 1738 01:20:25,000 --> 01:20:28,560 Speaker 8: McLaren through that gap. It was not wide enough. And 1739 01:20:28,680 --> 01:20:32,320 Speaker 8: so he's ruined his own race and probably cost Lando 1740 01:20:32,360 --> 01:20:35,960 Speaker 8: a podium, Probably cost Oscar a podium, I would have thought, 1741 01:20:36,120 --> 01:20:40,719 Speaker 8: because he's finished fourth. So McLaren's have got a problem 1742 01:20:40,760 --> 01:20:43,439 Speaker 8: because Lando Norris is not happy not driving well. He 1743 01:20:43,520 --> 01:20:46,439 Speaker 8: keeps getting told by his engineer, remember where your breaking 1744 01:20:46,520 --> 01:20:49,640 Speaker 8: points are? That was during qualifying. So he's obviously not 1745 01:20:49,720 --> 01:20:51,720 Speaker 8: as quick as ps and he doesn't like the fact 1746 01:20:51,720 --> 01:20:53,560 Speaker 8: that he's not as quick as Pastry. They have the 1747 01:20:53,640 --> 01:20:56,839 Speaker 8: break now they come back at Silverston. The other Australian 1748 01:20:56,880 --> 01:21:00,080 Speaker 8: to keep an eye on, Adam Scott, is one of 1749 01:21:00,200 --> 01:21:03,000 Speaker 8: the lead of the US Open, where buckets of rain 1750 01:21:03,080 --> 01:21:05,439 Speaker 8: have fallen on Oakmont, the golf course where they're playing, 1751 01:21:05,880 --> 01:21:07,400 Speaker 8: and play has been suspended. 1752 01:21:07,680 --> 01:21:12,160 Speaker 3: How long has Adam Scott been around? Years? Isn't it forever, Yeah, forever. 1753 01:21:12,280 --> 01:21:14,840 Speaker 8: I think if he can win this, it will be 1754 01:21:14,920 --> 01:21:19,519 Speaker 8: the longest gap between major golf wins in the history 1755 01:21:19,560 --> 01:21:23,599 Speaker 8: of the sport. He won the Masters, I'm saying ten 1756 01:21:23,840 --> 01:21:27,680 Speaker 8: twelve years ago. Amazing, he's twenty four years old. 1757 01:21:27,760 --> 01:21:29,519 Speaker 3: Good on, all right, mate, go well, we'll see Wednesday. 1758 01:21:29,560 --> 01:21:32,160 Speaker 3: Steve Price out of Australia. By the way, Amazon Web Services, 1759 01:21:32,520 --> 01:21:35,639 Speaker 3: while we're in Australia, announced over the weekend they're increasingly 1760 01:21:35,760 --> 01:21:38,280 Speaker 3: spending on data centers in Australia. And you know what, 1761 01:21:38,439 --> 01:21:41,000 Speaker 3: Australia's God. Of course, they've got power, and when they 1762 01:21:41,040 --> 01:21:43,400 Speaker 3: want more power, they've got more power. It's incredible how 1763 01:21:43,439 --> 01:21:45,400 Speaker 3: it works over there that you know, they don't have 1764 01:21:45,479 --> 01:21:47,519 Speaker 3: winters whereby we go, I mean the Eastern Seaboard, to 1765 01:21:47,560 --> 01:21:49,000 Speaker 3: be fair, probably has a bit of a gas issue. 1766 01:21:49,040 --> 01:21:50,640 Speaker 3: But apart from that, that's only because they sell all 1767 01:21:50,640 --> 01:21:52,479 Speaker 3: the gas overseas and they need to keep a bit locally. 1768 01:21:52,560 --> 01:21:54,240 Speaker 3: But apart from that, they're not sure of power, is 1769 01:21:54,280 --> 01:21:56,920 Speaker 3: what I'm saying. So that leads to data centers coming 1770 01:21:56,960 --> 01:21:58,920 Speaker 3: in and they're going to be spending. They announced twenty 1771 01:21:59,439 --> 01:22:02,719 Speaker 3: billion dollars over the next five years. A joint announcement 1772 01:22:02,800 --> 01:22:05,920 Speaker 3: with Elbow before he left the country. Are artificial intelligence, 1773 01:22:06,000 --> 01:22:08,479 Speaker 3: cloud based storage, all that sort of stuff they were 1774 01:22:08,600 --> 01:22:11,719 Speaker 3: going to spend. They thought thirteen, they've already spent nine. 1775 01:22:12,439 --> 01:22:14,439 Speaker 3: They said, we're going to need to spend about thirteen. 1776 01:22:14,560 --> 01:22:16,120 Speaker 3: But then all of a sudden they've worked out with 1777 01:22:16,320 --> 01:22:17,880 Speaker 3: you know, all the demand for this sort of stuff, 1778 01:22:17,920 --> 01:22:20,439 Speaker 3: Suddenly it's gone to twenty. So that's the sort of 1779 01:22:20,560 --> 01:22:23,960 Speaker 3: investment you can get in a country that's sort of 1780 01:22:24,080 --> 01:22:28,519 Speaker 3: got their power base worked out and isn't scrambling every winter. 1781 01:22:29,000 --> 01:22:29,720 Speaker 3: Eight forty five. 1782 01:22:30,960 --> 01:22:35,320 Speaker 1: The Hike Asking Breakfast Full Show podcast on iHeartRadio powered 1783 01:22:35,400 --> 01:22:36,400 Speaker 1: by News Talks. 1784 01:22:36,120 --> 01:22:39,640 Speaker 3: At b B eleven away from nine. Super in Australia's 1785 01:22:39,640 --> 01:22:41,479 Speaker 3: on top of the salary Mike eg one hundred and 1786 01:22:41,520 --> 01:22:44,040 Speaker 3: sixty k per year plus twelve percent on top, so 1787 01:22:44,200 --> 01:22:46,400 Speaker 3: better than News in it will you say that? But 1788 01:22:46,520 --> 01:22:48,360 Speaker 3: it's not as easy as that, because of course one 1789 01:22:48,360 --> 01:22:49,880 Speaker 3: of the great debates here is, of course, if you 1790 01:22:49,920 --> 01:22:52,000 Speaker 3: suddenly make people go into Super, they say, well, you 1791 01:22:52,040 --> 01:22:54,080 Speaker 3: were going to get X salary, But because we've got 1792 01:22:54,160 --> 01:22:55,960 Speaker 3: Super on top of that and it was three percent 1793 01:22:56,000 --> 01:22:58,719 Speaker 3: and now it's four percent, I could give you that money, 1794 01:22:58,760 --> 01:23:00,720 Speaker 3: but I can't now because it's going So it's the 1795 01:23:00,760 --> 01:23:02,759 Speaker 3: same in Australia in that sense, you earning one hundred 1796 01:23:02,760 --> 01:23:04,960 Speaker 3: and sixty plus twelve or as twelve percent of one 1797 01:23:05,040 --> 01:23:07,000 Speaker 3: hundred and sixty, make that twenty thousand. Could it have 1798 01:23:07,080 --> 01:23:08,800 Speaker 3: been one hundred and eighty if you didn't have super 1799 01:23:09,120 --> 01:23:11,200 Speaker 3: And so it goes read the operating in public view. 1800 01:23:11,240 --> 01:23:14,080 Speaker 3: Private surgeons do their rounds first thing in the morning 1801 01:23:14,160 --> 01:23:16,120 Speaker 3: in order to be ready to operate by eight at 1802 01:23:16,160 --> 01:23:18,920 Speaker 3: the latest. It is the nurses and anesthetic technicians who 1803 01:23:19,000 --> 01:23:21,160 Speaker 3: insist operating stops early if it looks like it's going 1804 01:23:21,200 --> 01:23:23,560 Speaker 3: to go past four. Some staff have worked out that 1805 01:23:23,560 --> 01:23:26,559 Speaker 3: if they slow things down during the turnaround time between cases, 1806 01:23:26,760 --> 01:23:28,600 Speaker 3: then they can have the last patient put off and 1807 01:23:28,680 --> 01:23:31,400 Speaker 3: the list shut down after three o'clock. I would like 1808 01:23:31,520 --> 01:23:34,000 Speaker 3: to think that isn't true, but we'll get to the 1809 01:23:34,040 --> 01:23:36,920 Speaker 3: bottom of it eventually. The other thing is the conversion rate, 1810 01:23:37,439 --> 01:23:39,840 Speaker 3: which another one of these ongoing issues we have in 1811 01:23:39,880 --> 01:23:42,479 Speaker 3: this country. Interesting numbers out over the weekend whole farm 1812 01:23:42,560 --> 01:23:48,240 Speaker 3: to forest conversions forty thousand hectares forty thousand hectares of 1813 01:23:48,360 --> 01:23:51,960 Speaker 3: sheep and beef has been sold to forestry since September 1814 01:23:52,800 --> 01:23:55,200 Speaker 3: of last year, so in other words, seven or eight 1815 01:23:55,280 --> 01:23:59,400 Speaker 3: months twenty nine, five hundred and eighteen was sold in 1816 01:23:59,439 --> 01:24:03,160 Speaker 3: twenty twenty four hundred and eighty three and twenty twenty four, 1817 01:24:03,640 --> 01:24:06,160 Speaker 3: so the total amounts since jan of seventeen. So in 1818 01:24:06,200 --> 01:24:09,919 Speaker 3: the last seven eight years, more than three hundred thousand 1819 01:24:10,080 --> 01:24:15,560 Speaker 3: hectares of land has gone from farming to forestry, with 1820 01:24:15,720 --> 01:24:18,160 Speaker 3: a loss of more than two million stock units. So 1821 01:24:18,320 --> 01:24:20,000 Speaker 3: given what we're getting for these stock units at the 1822 01:24:20,040 --> 01:24:22,280 Speaker 3: moment when we slice them up, tournament to chops and 1823 01:24:22,320 --> 01:24:25,120 Speaker 3: beef and lamb and patties and stuff like that. Interestingly, 1824 01:24:25,160 --> 01:24:28,439 Speaker 3: Hawksby not surprising Wellington is one of the most popular 1825 01:24:28,479 --> 01:24:31,679 Speaker 3: areas in turning it over. You wouldn't have thought of Wellington, 1826 01:24:31,720 --> 01:24:35,599 Speaker 3: but Hawks Bay Wellington, the wire rapper Southland's increasingly popular. 1827 01:24:36,280 --> 01:24:39,280 Speaker 3: So they're changing the rules around this. They've introduced the 1828 01:24:39,320 --> 01:24:42,360 Speaker 3: government new legislation to restrict farm to forest. Up to 1829 01:24:42,479 --> 01:24:46,080 Speaker 3: a quarter of your farm can be planted for the etes. 1830 01:24:47,160 --> 01:24:49,040 Speaker 3: There's also going to be a ban on full farm 1831 01:24:49,080 --> 01:24:52,920 Speaker 3: to forest entering the ETS four actively farm land and 1832 01:24:53,000 --> 01:24:56,200 Speaker 3: an annual cap of fifteen thousand hectares for forestry entering 1833 01:24:56,280 --> 01:24:58,960 Speaker 3: the ets for lower quality land so that at last 1834 01:24:59,000 --> 01:25:01,120 Speaker 3: they've woken up to the fact something's not right here. 1835 01:25:01,640 --> 01:25:03,360 Speaker 3: And if you can just go plant a tree, why 1836 01:25:03,400 --> 01:25:07,320 Speaker 3: wouldn't you. But once it's gone, once it's become a forest, 1837 01:25:07,400 --> 01:25:09,479 Speaker 3: it isn't going back, and you've lost reductive land. And 1838 01:25:09,520 --> 01:25:11,800 Speaker 3: I'm increasingly on the side of the people who you know, 1839 01:25:12,720 --> 01:25:14,880 Speaker 3: argued all along that there's too much of this going 1840 01:25:14,960 --> 01:25:16,720 Speaker 3: on and it was too easy to plant a tree, 1841 01:25:16,840 --> 01:25:19,479 Speaker 3: and we're probably going to live to regret it. And 1842 01:25:19,600 --> 01:25:21,400 Speaker 3: I think that's when you look at the numbers, that's 1843 01:25:21,439 --> 01:25:24,000 Speaker 3: probably where I land at the moment. Nine away from nine. 1844 01:25:24,360 --> 01:25:28,040 Speaker 1: The Mike Hosking breakfast with the Defender octurn Us togs 1845 01:25:28,080 --> 01:25:28,639 Speaker 1: Head be by. 1846 01:25:28,600 --> 01:25:30,240 Speaker 3: The way if you've got access to the Sydney Morning 1847 01:25:30,280 --> 01:25:32,160 Speaker 3: here all. There's very good piece yesterday about a guy 1848 01:25:32,240 --> 01:25:34,639 Speaker 3: called David Sinclair. If you're into longevity, and I'm sort 1849 01:25:34,640 --> 01:25:36,560 Speaker 3: of into longevity in the study around it and the 1850 01:25:36,600 --> 01:25:38,599 Speaker 3: science involved and where we're heading and what we're doing 1851 01:25:38,680 --> 01:25:40,080 Speaker 3: and what we think we might do and what we 1852 01:25:40,160 --> 01:25:44,040 Speaker 3: probably won't do. It's a longevity pill and whether that's 1853 01:25:44,080 --> 01:25:46,080 Speaker 3: on the horizon. The guy David Sinclair is a bit 1854 01:25:46,080 --> 01:25:49,920 Speaker 3: of a rock star, controversial among certain people and certain circles, 1855 01:25:49,960 --> 01:25:52,120 Speaker 3: but nevertheless, if you've got access to the paper, well 1856 01:25:52,160 --> 01:25:53,960 Speaker 3: with ree, because he's an interesting guy. Mike, this is 1857 01:25:54,000 --> 01:25:59,920 Speaker 3: Adam Scott's ninety sixth consecutive major. That's twenty three years. 1858 01:26:00,160 --> 01:26:02,160 Speaker 3: That's not bad asn't This Why I liked the Steven 1859 01:26:02,160 --> 01:26:04,160 Speaker 3: Adams story over the Weekend's one thing. I mean, they 1860 01:26:04,240 --> 01:26:06,200 Speaker 3: all get signed for big bucks in that particular part 1861 01:26:06,200 --> 01:26:09,320 Speaker 3: of the world, of course, but fifteen years at that 1862 01:26:09,560 --> 01:26:14,479 Speaker 3: level and still to be really respected, liked and being 1863 01:26:14,600 --> 01:26:17,120 Speaker 3: paid big money was fantastic. I had the pleasure of 1864 01:26:17,200 --> 01:26:20,800 Speaker 3: watching him in person once back in the early days 1865 01:26:20,800 --> 01:26:23,040 Speaker 3: when he was at Oklahoma and he played the La Lakers. 1866 01:26:23,120 --> 01:26:25,400 Speaker 3: We're in Los Angeles, and it's only when you look 1867 01:26:25,439 --> 01:26:28,000 Speaker 3: at a whole game in complete context. In other words, 1868 01:26:28,040 --> 01:26:30,360 Speaker 3: you're looking down at the whole court as opposed to 1869 01:26:30,400 --> 01:26:32,679 Speaker 3: what they're just showing you on television, that you understand 1870 01:26:32,840 --> 01:26:36,120 Speaker 3: just how effective and clever he is as a player. 1871 01:26:36,360 --> 01:26:37,479 Speaker 3: Five away from nine. 1872 01:26:38,120 --> 01:26:43,080 Speaker 1: Trending now with Chemist Warehouse celebrate big Brands and biggest savings. 1873 01:26:43,200 --> 01:26:46,479 Speaker 3: Speaking of La god Old Stewe Stewey Stuey Mundel. He 1874 01:26:46,560 --> 01:26:48,880 Speaker 3: works for Fox eleven and Los Angeles. He's out there 1875 01:26:48,920 --> 01:26:51,799 Speaker 3: covering the No Kings protest over the weekend. He's live streaming, 1876 01:26:51,880 --> 01:26:54,679 Speaker 3: is in the helicopter, and when you're doing the live streaming, 1877 01:26:54,720 --> 01:26:58,200 Speaker 3: they take questions real time. So this is risky. I 1878 01:26:58,240 --> 01:27:00,759 Speaker 3: would have thought somebody who knows Stu's prime life decided 1879 01:27:00,800 --> 01:27:03,280 Speaker 3: to fire off a couple of questions while he was live. 1880 01:27:04,240 --> 01:27:04,360 Speaker 18: Uh. 1881 01:27:04,479 --> 01:27:06,639 Speaker 3: They sort of wanted to inquire about his marriage. 1882 01:27:10,080 --> 01:27:13,559 Speaker 21: The answer is, yes, you know what, I don't care. 1883 01:27:13,800 --> 01:27:19,000 Speaker 21: I don't care about my I I got nothing right now, 1884 01:27:19,120 --> 01:27:25,080 Speaker 21: got nothing, got nothing, not really looking. Uh you know, 1885 01:27:25,120 --> 01:27:27,920 Speaker 21: I'm trying to trying to find myself and be happy. 1886 01:27:28,000 --> 01:27:32,920 Speaker 21: I'm being serious about that. I want to behold I 1887 01:27:33,040 --> 01:27:35,000 Speaker 21: want to be beholden to no one. 1888 01:27:35,000 --> 01:27:37,439 Speaker 8: At this moment, you know. 1889 01:27:37,600 --> 01:27:38,360 Speaker 21: Do I got lonely? 1890 01:27:38,479 --> 01:27:38,840 Speaker 2: Of course? 1891 01:27:39,120 --> 01:27:44,840 Speaker 10: Of course, but I got cats. I think all that. 1892 01:27:46,600 --> 01:27:48,840 Speaker 21: Informations on the internet. Look at all those red cars 1893 01:27:48,920 --> 01:27:51,200 Speaker 21: down there, it's. 1894 01:27:51,080 --> 01:27:56,280 Speaker 3: Just Real's this guy on television but also flying a 1895 01:27:56,320 --> 01:27:59,560 Speaker 3: hell is he flying it? He's not flying? Is he 1896 01:27:59,640 --> 01:28:02,680 Speaker 3: flying the helicopter as well? So he's flying a helicopter 1897 01:28:03,040 --> 01:28:07,559 Speaker 3: and he's on air and he's reading live questions sixteen 1898 01:28:07,560 --> 01:28:11,639 Speaker 3: point six million times that's been seen. They did ask 1899 01:28:11,720 --> 01:28:16,960 Speaker 3: about alcohol, He goes, I do, I do love bourbon, 1900 01:28:17,040 --> 01:28:19,439 Speaker 3: I love whiskey, I love bourbon, love gin do love 1901 01:28:19,560 --> 01:28:23,880 Speaker 3: gin So anyway back tomorrow, Happy Days. 1902 01:28:25,479 --> 01:28:28,360 Speaker 1: For more from the mic Asking Breakfast, listen live to 1903 01:28:28,479 --> 01:28:31,559 Speaker 1: news talks it'd be from six am weekdays, or follow 1904 01:28:31,600 --> 01:28:33,120 Speaker 1: the podcast on iHeartRadio