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Speaker 1: Your source of breaking news, challenging opinion and honored facts.

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Speaker 1: The Mike Hosking Breakfast with a Veda, Retirement, Communities, Life

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Speaker 1: Your Way News, togs Head been.

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Speaker 2: Today ferries, We've got doctors strikes, We've got deals on

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Speaker 2: ski Field to read on our housing and our economy.

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Speaker 2: Got good news from education and u Zhid and Rugby

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Speaker 2: hopefully sorted out that sponsorship. Miss are Liam Skeets and

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Speaker 2: his story on how to live your motor racing dream

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Speaker 2: and how hard that currently is. Joe's in Rome, Rod

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Speaker 2: fills in the blanks in Britain, pasking welcome to the day,

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Speaker 2: seven past six. I knowe the German government has weighed

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Speaker 2: in to this end of the war debate, which is

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Speaker 2: not to say the German government doesn't have a stake

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Speaker 2: in this, because as does all of Europe, I guess.

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Speaker 2: But their advice is not to take the current deal.

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Speaker 3: Now.

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Speaker 2: The current deal as we understand it is crime is gone.

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Speaker 2: That's based on the thinking that it got next to a

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Speaker 2: number of years ago. Anyway, no one really objected at

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Speaker 2: the time. The rest of the eastern part of Ukraine

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Speaker 2: is under dispute militarily currently most of it broadly under

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Speaker 2: Russian control, some of it under the Ukrainian control. Of

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Speaker 2: the American argument, crime eras Russia the stuff Russia currently

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Speaker 2: has as theirs. Ukraine keeps the rest. This is what

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Speaker 2: the Germans are not happy about. Now here's the problem.

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Speaker 2: Does Germany outside of words actually have any sway? I mean,

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Speaker 2: does anyone outside of America have any sway? Well, if

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Speaker 2: Europe by a NATO could or would step up and

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Speaker 2: fund the war, yes they do, are they though?

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Speaker 4: No?

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Speaker 2: So look at all the huffing and puffing that went

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Speaker 2: on when Trump first suggested a deal and that America

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Speaker 2: was out. A lot of the money type promises, a

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Speaker 2: lot of the we stand with us, but really the

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Speaker 2: cult hard truth is America has funded such a large

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Speaker 2: amount of the defense. If it goes NATO, for all

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Speaker 2: their fighting talk, don't seem up for it. If Putin

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Speaker 2: turns out to be a crook and is stringing trumping

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Speaker 2: along and that all gets up his nose, then I

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Speaker 2: guess all bets are off. But that aside, Trump has

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Speaker 2: been consistent he is not interested in wars, He is

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Speaker 2: not interested in much outside of America, and certainly billions

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Speaker 2: and weaponry is wasteful spending he can redirect elsewhere. So

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Speaker 2: I believe them when they say cut a deal or

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Speaker 2: we are out. The cold true that Europe and NATO

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Speaker 2: tried to hide with all their rhetoric and patriotic verbiage

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Speaker 2: was Ukraine doesn't have any carts. They are reliant on

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Speaker 2: a continent that is with them, but only so far,

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Speaker 2: and another continent that can't wait to pack up and

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Speaker 2: go home. Russia can hang in there forever Ukraine can't.

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Speaker 2: So Germany, chirping from the sidelines, achieves nothing.

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Speaker 1: News of the world in ninety seconds.

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Speaker 2: Day one oh one has not started well for Bigdonald.

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Speaker 2: The US economy went backwards in the first quart But

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Speaker 2: there's a reason for that.

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Speaker 5: Some numbers today and I have to start off, I say,

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Speaker 5: and that's Baden, that's not Trump.

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Speaker 6: Because we came in on January just a quarterly numbers.

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Speaker 6: We have more moneys being spent than any at any

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Speaker 6: time in the history of our country.

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Speaker 2: Now this is all happening at another one of those

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Speaker 2: televised cabinet meetings where there seem a lot of random

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Speaker 2: thoughts for the world and not a lot of meeting anyway.

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Speaker 2: How tiny screws Lutnik. He's there talking gold visas a.

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Speaker 7: Trump gold cart. I mean it makes me very popular.

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Speaker 7: Last night, I was out to dinner and someone came

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Speaker 7: up and said, can.

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Speaker 8: I buy ten?

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Speaker 7: How do I buy ten?

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Speaker 9: And I'm like, that's pretty much.

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Speaker 7: It's fifty million dollars for dinner, so you know, it

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Speaker 7: was paying for my dinner.

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Speaker 2: As is Pete. Let me get this on signal for

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Speaker 2: the missus. Higgsath and his excitement out of defense spending

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Speaker 2: ripped wotness out of the military star DEI trans and

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Speaker 2: we're rebuilding a military stirve.

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Speaker 8: The Golden Dome is well under way.

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Speaker 7: We found nearly six billion in dose savings that we're

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Speaker 7: going to reinvest and ll have.

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Speaker 8: As you said, sir, the first trillion dollar do as.

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Speaker 2: Well on the way, who is he getting it from?

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Speaker 2: Walmut Meantime, on the other side of the political spectrum,

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Speaker 2: the governor of Illinois, Pritzka, he's out at one of

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Speaker 2: these town holes banging the drum.

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Speaker 8: It's time to fight.

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Speaker 6: Everybody has to get up, stand up, speak out, show up.

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Speaker 6: Everybody has got to stand up for not only what's

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Speaker 6: best for themselves and their families, but also their neighbors

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Speaker 6: and their friends.

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Speaker 2: As far as the market's got a lot of results

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Speaker 2: rolling at the and the theme is a lack of

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Speaker 2: Ford guidance. GIVEBN. No one knows what the hell's are

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Speaker 2: going on. Aston as in Martin are caught up in

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Speaker 2: all of this. Is there limiting exports? You'll lose those

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Speaker 2: volumes whether you whether you decide to sell or decide

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Speaker 2: not to sell. So it makes sense not to ship

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Speaker 2: stock into the US, I would suggest. Then in Rome

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Speaker 2: this the cardinals who are waiting to get to the

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Speaker 2: conclave had a mess Joe's being there and she'll be

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Speaker 2: with us very shortly. Finally, one of the netherlands most

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Speaker 2: valuable paintings has been damaged by a kid. Gray Orange

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Speaker 2: on the Run number eight, which is while worth looking up.

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Speaker 2: It's a very good painting by Rockco, of course, was

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Speaker 2: painted in the sixties in the museum in Rotterdam. The

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Speaker 2: kid brushes against it, damages the base, which means months

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Speaker 2: of resto and the bill of tens of thousands and

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Speaker 2: painting the lid of an auction. But the Rickons worth

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Speaker 2: somewhere between fifty and sixty as a million. They might

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Speaker 2: want to think about a Rope at the museum.

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Speaker 8: It's just thoughts.

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Speaker 2: News of the world in ninety the number for Trump

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Speaker 2: that did like the GDP is minus zero point three,

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Speaker 2: so they're game backwards. The German economy inflation at two

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Speaker 2: point two. Economy expanded at zero point two. That was

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Speaker 2: above expectation, so the inflation a little bit hotter than

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Speaker 2: they thought. Australia's inflation two point four a little bit

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Speaker 2: hotter than they thought as well, they thought it would

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Speaker 2: be two point three. So the most significant price rises

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Speaker 2: in Australia housing, education, food and non alcoholic beverage is

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Speaker 2: all playing in, of course, to the election campaign.

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Speaker 1: Twelve past six, the Mike Asking Breakfast Full Show podcast

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Speaker 1: on iHeartRadio, how It By News talks.

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Speaker 2: Eb or China manufacturing activity film more than expected two

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Speaker 2: year low. They're at forty nine. Forty nine's contraction, so

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Speaker 2: we're not happy about that. Fifteen past six being aid

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Speaker 2: from Andrew callaher JM. I'm well, very happy to see you,

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Speaker 2: but good morning by the way down nine doesn't bring

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Speaker 2: me good vibeses Andrew.

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Speaker 10: Oh no, Well, the world's a crazy play, though, isn't.

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Speaker 10: At Maestra and so much to cover this morning, I

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Speaker 10: let the let's.

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Speaker 8: Get into it. You are talking about the am zaid

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Speaker 8: business outlook.

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Speaker 10: Now, I just want to say before I get into that,

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Speaker 10: my anecdotally, so there's no science in what I'm about

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Speaker 10: to say. This is, but just there's a vibe out

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Speaker 10: there at the moment that when you're talking to people

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Speaker 10: and mixing with people, those green shoots we've been talking

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Speaker 10: about that it feels like they might be wilting a bit.

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Speaker 8: The momentum that we thought.

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Speaker 10: We were going to get into the second half of

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Speaker 10: the year of twenty twenty five sort of waning. And anyway,

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Speaker 10: that's the vibe I'm getting. But what are the numbers

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Speaker 10: telling us, am said business outlook. It sort of confirms that,

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Speaker 10: but it also provides some comfort that things are getting better.

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Speaker 10: So let's explain that, and maybe we can speculate here

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Speaker 10: that New Zealand is a sort of a little microcosm

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Speaker 10: of what's happening in the US at the moment, because

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Speaker 10: New Zealand businesses they're a little worried. So headline business

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Speaker 10: confidence has fallen nine points to plus forty nine, so

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Speaker 10: that's concerning business's own expected activity, though has not fallen

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Speaker 10: to the same degrees down one point.

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Speaker 8: But the number we like here is what is to

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Speaker 8: past own activity. That's real. That's not a perception, it's

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Speaker 8: not a survey. It's real.

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Speaker 10: It's up ten points. It's up from plus one to

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Speaker 10: plus eleven. That's the best indicator of GDP. So we

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Speaker 10: like that past employment lifted as well. But look what

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Speaker 10: we saw in the survey. Might is a very clear

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Speaker 10: trend within the survey. So this is for the month

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Speaker 10: of April. The early responses to the survey that came

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Speaker 10: sort of the beginning of the month are far more

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Speaker 10: positive than response.

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Speaker 8: Is received later in the month.

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Speaker 10: So the impact of global concern over tariffs becoming more

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Speaker 10: pronounced and more evident as the month progressed. And I

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Speaker 10: just want to make another sort of comment here. Do

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Speaker 10: you remember we always talked about the fact that it

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Speaker 10: comes towards the end of twenty twenty four into twenty

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Speaker 10: twenty five, confidence had lifted, but real activity hadn't caught up.

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Speaker 8: The here and now hadn't caught up with that.

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Speaker 10: As April sort of progressed, what we're actually seeing is

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Speaker 10: that almost switching around. So we've got some activity now,

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Speaker 10: but now we're worried about what's going to happen as

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Speaker 10: that global trade issues deepened, we got worried. And if

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Speaker 10: you think about the US China stand off, in our

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Speaker 10: exposure to both of those places, that concern does have

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Speaker 10: some justification a couple of details though. The agrisector is

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Speaker 10: the most confident sector as expected and inflation expectations are.

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Speaker 8: Well anchored at two point sixty five percent.

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Speaker 10: What we don't know, Mike, is how deep seated and

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Speaker 10: lengthy this sort of slumping confidence, how long that's going

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Speaker 10: to be so, and whether or not that sort of jump,

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Speaker 10: whether or not it jumps the gap from confidence to

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Speaker 10: actual activity.

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Speaker 8: A lot of unknowns.

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Speaker 2: There exactly, And that's why I know, AND's I bring

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Speaker 2: forward guidance anymore. What do we make of these numbers?

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Speaker 2: So GDP zero point three inflation, what's the read on

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Speaker 2: this US?

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Speaker 10: Well, I don't think I've ever seen as many as

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Speaker 10: many articles and headlines about a US about a US

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Speaker 10: GDP number. But I'm just going to put a really

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Speaker 10: big caveat on the Mike. I think you have to

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Speaker 10: be very careful about interpreting some of the current data

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Speaker 10: out of the US. There's so much noise so much volatility,

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Speaker 10: you've got a great, big spanner has been thrown into

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Speaker 10: the works. You've got to be very careful. So two

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Speaker 10: pieces of data out overnight. This first estimate of US growth.

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Speaker 10: US economy is contracted by this measure zero point three percent,

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Speaker 10: so bit of a so that look, that looks alarming,

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Speaker 10: but it's not really a surprise. But people or businesses

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Speaker 10: react to what's happening around them. So in anticipation of

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Speaker 10: the introduction of tariffs, and at the same time might

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Speaker 10: confirming that US consumers and US important understand who pays

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Speaker 10: the import tariffs.

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Speaker 8: There was a surgeon imports ahead of the start date.

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Speaker 10: So when you calculate growth, you use a net export number,

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Speaker 10: so you take exports less imports. If you get a

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Speaker 10: whole lot of imports, you get a negative number. But

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Speaker 10: what's not clear for me and Mike, and this is

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Speaker 10: where we need to do a little bit more work,

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Speaker 10: is there should be an offset to that. You should

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Speaker 10: get inventory, so you buy stuff, you're sticking on the

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Speaker 10: shelf and you wake to sell it.

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Speaker 8: I just need to understand a little bit more what's

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Speaker 8: happened there.

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Speaker 10: Presumably this all reverses out as the imports fall in

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Speaker 10: the next quarter, but you get very messy outcomes for

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Speaker 10: a while.

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Speaker 8: Couple of positives out out.

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Speaker 10: Of the number investment numbers, private investment numbers were positive.

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Speaker 8: Consumer spending.

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Speaker 10: That's two thirds of the US economy that's running at

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Speaker 10: one point eight percent, So those are positive numbers within it.

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Speaker 10: So but you're going to have to look through the

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Speaker 10: next quarter as well, micause, if you think.

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Speaker 8: About it, you've inputed a bunch of cars, you stick them.

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Speaker 10: On the lot, they get sold through the next quarter,

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Speaker 10: so it's going to take a while. Also, an inflation

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Speaker 10: number of a night PCEE inflation that's under control, call

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Speaker 10: pc inflation zero point zero percent month a month, two

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Speaker 10: point six percent for the year. That's on expectations. But

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Speaker 10: this is going to be messy, it's going to be noisy.

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Speaker 10: A bunch of company.

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Speaker 8: Results out as well.

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Speaker 10: Starbucks, you know those kind of crazy, big, overpriced coffees

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Speaker 10: that may or may not have some caffeine in them,

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Speaker 10: down seven percent. There the people are running down to

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Speaker 10: Dunkin Donuts. They're not buying the Starbucks. Caterpillar, Bell Weather

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Speaker 10: Stock they miss their estimates. Share price only down one percent.

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Speaker 10: Now are you a.

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Speaker 8: Smart watch guy, I didn't think you will. Well.

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Speaker 10: Smart watch people out there, they tend to be Garment

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Speaker 10: Apple watches. Garment missed estimates and so their share price

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Speaker 10: down under.

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Speaker 8: A bit of pressure.

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Speaker 2: We'rever and Microsoft and I know, yeah, after our bill.

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Speaker 2: What are the numbers?

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Speaker 10: Well, actually the dal Jones staging a little bit of

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Speaker 10: a bounce back. So it started off week, but now

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Speaker 10: it's only down sixty two points. It's only down zero

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Speaker 10: point one five percent for forty thousand, four hundred and

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Speaker 10: sixty four. The S and P five hundred is down,

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Speaker 10: are out forty points about point seven percent, also bouncing

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Speaker 10: back five five to two.

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Speaker 11: Oh.

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Speaker 10: The Nasdaq down point seven nine percent one hundred and

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Speaker 10: thirty eight points seventeen thousand, three hundred and twenty three overnight,

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Speaker 10: The Footze one hundred gained thirty one points point three seven.

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Speaker 8: Eight four ninety four.

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Speaker 10: The nick A was up point five seven percent thirty

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Speaker 10: six thousand and forty five. Shang Ho Cobbs had lost

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Speaker 10: seven The Aussi's yesterday gained fifty six points point sixty

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Speaker 10: nine eight one two six ten six fifty, though had

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Speaker 10: a shocker fell one percent. Key we point five nine

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Speaker 10: three five against the US point ninety two seven three,

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Speaker 10: Aussie point five two two nine, Euro point four four

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Speaker 10: four seven against the pound eighty four points seven sixty

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Speaker 10: yen gold three three hundred and eight dollars and oil

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Speaker 10: is a bit weaker sixty three dollars and fifteen cents.

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Speaker 2: Wowsers have a good one see tomorrow. Andrew callaher Jmiwealth

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Speaker 2: dot Co dot m Z, Pascar, Clays Bank profits good,

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Speaker 2: but that's from yesteryear. They are preparing a range of

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Speaker 2: scenarios a ubs they came in with. I mean they

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Speaker 2: did well as well. I mean the numbers are up

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Speaker 2: and all that sort of stuff for now, which is fantastic,

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Speaker 2: but once again they don't know what the hell's going

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Speaker 2: on as far as fort Guidance is concerned. More in

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Speaker 2: our economy. By the way, after six thirty six twenty

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Speaker 2: two at Newstalks EDB, the.

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Speaker 1: Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by

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Speaker 1: News Talk SEDB, just.

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Speaker 2: To give you an indication as to why the US

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Speaker 2: economy is going backwards and it'll only get worse. The

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Speaker 2: Port of Los Angeles as of next week is expecting

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Speaker 2: this is ship's booked and containers booked in a thirty

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Speaker 2: five percent drop in business out of China. Meantime. China,

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Speaker 2: and there's obviously talk going behind the scenes. They've waved

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Speaker 2: tariffs on US ethane. What's ethane? It's a byproduct of fracking,

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Speaker 2: and America produces a hell of a lot of ethane

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Speaker 2: and the Chinese buy it record amounts in fact, so

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Speaker 2: they've waived that. So there's obviously some negotiations going on

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Speaker 2: behind the scene, which is encouraging. Six twenty five.

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Speaker 1: Trending now with Tim Squarehouse, you're one stuff for Mother's

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Speaker 1: Day fragrances.

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Speaker 2: Why one of the books, Dwayne the Rock new movie

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Speaker 2: it's generating awards buzz, which you don't hear that phrase

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Speaker 2: every day? And all these donners release a single trailer.

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Speaker 2: It's called The Smashing Machine. It's inspired by a documentary

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Speaker 2: of the same name about an MMA fighter called Mark

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Speaker 2: Kerr in his career probably looking at my eyes, how'd

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Speaker 2: that happen?

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Speaker 3: Well?

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Speaker 12: Have you ever heard of the Ultimate Fighting Championship the UFC?

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Speaker 2: That's the bloody thing they're trying to ban.

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Speaker 13: Def Jack is the best, it has everything.

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Speaker 2: Winning is the best feeling there is.

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Speaker 8: It's forty thousand pre then they're tearing you off.

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Speaker 2: There's no other Haylay Kittman. What do you think at

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Speaker 2: the beginning of the faith? It's simple? Am I going

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Speaker 2: to hurt him before he heards me?

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Speaker 14: This ram?

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Speaker 2: Free to Crome, the greatest fighter in the world. Yes,

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Speaker 2: come back from the break. Let's see if.

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Speaker 8: There's can fly a victory.

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Speaker 2: Obviously stars the Rock also stars Emily Blunt. Rock's been

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Speaker 2: made up in a way that you may or may

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Speaker 2: not recognize them immediately, but it's out in Cinema's October third.

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Speaker 2: By the way, a note overnight that Weimo is an

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Speaker 2: outstay deal with Toyota. Weimo the people who provide you

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Speaker 2: in San Francisco and various parts of America, not many

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Speaker 2: of them because they're still working out whether this thing works.

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Speaker 2: Driveraler's cars. They've done this deal with Toyota. They're going

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Speaker 2: to put it into personally owned vehicles. In other words,

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Speaker 2: you can have a driverer's car. I'm opening a book

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Speaker 2: as to and the better is simple. Will this come

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Speaker 2: to a Toyota dealer near you in our lifetime? Yes?

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Speaker 14: Or no?

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Speaker 13: I go no?

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Speaker 2: What do you reckon? The odds are the news and.

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Speaker 1: The news makers the mic Hosking breakfast with the range

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Speaker 1: Rover villa designed to intrigue and use togs ed.

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Speaker 2: B gift declaration. I received a tray of personals this morning,

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Speaker 2: and in receiving a tray of persons, I found out

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Speaker 2: something really interesting I didn't know about persons and that

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Speaker 2: was beyond what I found out the other days, which is,

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Speaker 2: of course they're not quints. So so more and more

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Speaker 2: personal news for you. Shortly twenty three minutes away from

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Speaker 2: seven go to Rome and Joe McKenna in the moment. Meantime,

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Speaker 2: back to this business of our economy. Couple of key

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Speaker 2: measures here, housing and confidence both have taken a bit

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Speaker 2: of a hit in the latest day and Z data

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Speaker 2: as far as business confidence is concerned, down nine, as

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Speaker 2: we talked about with Andrew. So we're in contraction territory.

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Speaker 2: Anti Chief Economy Sharon Zolna is back with a Sharon,

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Speaker 2: good morning to you.

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Speaker 9: Good morning do you my person monder also called Sharon Fruits?

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Speaker 2: Didn't I didn't know that. Where'd you get that from?

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Speaker 9: Oh, somewhere much childhood.

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Speaker 4: Not sure whether we go I.

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Speaker 2: Would remember it, yes, exactly a little bit of little

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Speaker 2: bit of noise around these numbers or not you're confident

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Speaker 2: with them.

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Speaker 9: Well, we've got the normal sample size. It's always a

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Speaker 9: bit dodger when you start splitting into into smaller groups.

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Speaker 9: But so basically the story is that the business confidence

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Speaker 9: survey it fell a lot in the early in the

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Speaker 9: later months sample compared to earlier in the month. And

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Speaker 9: in between, of course, we had all the tariff noise

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Speaker 9: in the market turmoil, so the business confidence, investment intensions,

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Speaker 9: employment intensions really across the board all lower in the

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Speaker 9: second half of the month. So a very consistent message.

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Speaker 9: So I think I think there definitely is more than

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Speaker 9: just noise exactly.

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Speaker 2: Which is why I asked, is there is there a

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Speaker 2: hint potentially a panic in here that might rectify itself

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Speaker 2: in a later date if things don't turn out to

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Speaker 2: be the end of the world.

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Speaker 9: Oh, panic will be too strong, but it is absolutely

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Speaker 9: possible there's a bit of a knee jerk reaction that

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Speaker 9: might not last. So that's the real question.

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Speaker 4: I think.

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Speaker 9: Will is that effect decision making and will it just

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Speaker 9: affect it for a couple of weeks or will it

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Speaker 9: actually be something more lasting? So obviously the only time

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Speaker 9: will answer that question.

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Speaker 2: Indeed, all these companies that are about this global, all

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Speaker 2: these companies that are abandoning guidance now because they have

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Speaker 2: no idea what's going on, does that make life more

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Speaker 2: difficult for us all?

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Speaker 9: Well, so it does make it more difficult for them.

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Speaker 9: In the Zealand's case, I mean the actual direct tariff

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Speaker 9: on US ten percent on abound twelve percent of our

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Speaker 9: exports really of our goods exports. So it's not a

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Speaker 9: game changer for the economy, but for some individual companies,

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Speaker 9: of course it's it's a very big deal. But the

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Speaker 9: main channel through which and young could be affected the

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Speaker 9: flower growth and including in China of course, our biggest

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Speaker 9: export partner, are impacting our commodity prices and exports more generally,

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Speaker 9: but also that confidence channel that it could just be

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Speaker 9: fur just delay their investment and employment plans. So of

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Speaker 9: course we don't have to wait very long to yet

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Speaker 9: another read on that confidence channel. But I'll be looking

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Speaker 9: at particularly will that impact last, but also what we

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Speaker 9: start to see in the impact on what firms are

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Speaker 9: saying they're experiencing as opposed to expecting, because that's where

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Speaker 9: the rubber really hits.

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Speaker 2: The race exactly what's your sense, what are your spidery

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Speaker 2: senses telling you? On recession and all this talk about it.

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Speaker 9: Well, I mean, the economy is recovering, absolutely, but we

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Speaker 9: have revised down our forecast partly because of this uncertainty thing.

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Speaker 9: So it's basically recovery is going to take a bit

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Speaker 9: longer and need a bit more of support from muntary policy.

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Speaker 9: We've put a couple of extra cuts ocr cuts, and

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Speaker 9: our forecasts in our CEOs are going to two and

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Speaker 9: a half, but still recovering. Obviously, there is a scenario

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Speaker 9: where it turns more pair shape than that. With the

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Speaker 9: Reserve Bank here has pointed out that they're in a

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Speaker 9: very good position to cut rates quickly if they needed to,

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Speaker 9: and they are particularly compare to the Federal Reserve and

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Speaker 9: the US who's facing a very nasty trade off between

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Speaker 9: the inflationary impacts of the tariffs and the growth impacts

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Speaker 9: now here in New Zealand. Of course we haven't put

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Speaker 9: the new tariffs on, so it shouldn't be inflationary here.

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Speaker 9: But it was interesting in our consumer confidence we actually

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Speaker 9: saw consumers inflation expectations jumped half a percent. Is a

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Speaker 9: bit of confusion out there, but businesses inflation expectations were

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Speaker 9: steady as a rock, so I think businesses understand it.

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Speaker 2: So that's interesting. So if you expect inflation to rise,

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Speaker 2: does it or if you just got it wrong? And

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Speaker 2: if it does in this minimal to know growth, that's

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Speaker 2: stagflation and is that real?

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Speaker 9: As a businesses inflation expectations generally matter more than households

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Speaker 9: because they're the ones who set prices. I would say

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Speaker 9: household inflation expectations matter more if the economy is running hot,

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Speaker 9: because it would impact wage demands. For example, it would

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Speaker 9: make it easier or else equal for firms to pass

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Speaker 9: on price and cost increases into their prices. But with

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Speaker 9: the economy still in a fairly subdued state, I wouldn't

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Speaker 9: think that those higher consumer inflation expectations will will make

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Speaker 9: much difference to anything, and they may not last.

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Speaker 2: Okay, do you have a view on the Willis budget

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Speaker 2: in the sense that the seems to be some debate

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Speaker 2: among economists. If she cuts radically in terms of government

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Speaker 2: expenditure that hurts an economy as opposed to priming the

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Speaker 2: pump when we need it most, is that fair or not?

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Speaker 8: Well?

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Speaker 9: I think as she's playing long game, a longer game anyway,

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Speaker 9: and that's you know, we are running quite structural deficits

441
00:20:11,480 --> 00:20:15,280
Speaker 9: that aren't sustainable, and so we need to do something

442
00:20:15,400 --> 00:20:18,320
Speaker 9: about that. I mean, it will be pro cyclical and

443
00:20:18,400 --> 00:20:20,560
Speaker 9: so far as you know, flowing fiscal spending while the

444
00:20:20,560 --> 00:20:22,920
Speaker 9: economy is flowing. But we didn't have to don't have

445
00:20:22,960 --> 00:20:25,679
Speaker 9: a lot of choice because we had expansionary fiscal policies

446
00:20:25,680 --> 00:20:28,520
Speaker 9: when the economy was booming. So this is the other

447
00:20:28,600 --> 00:20:32,440
Speaker 9: side of that. You know, the fiscal policy was unhelpful

448
00:20:32,520 --> 00:20:34,520
Speaker 9: nuntro policy in that regard, and so far as it

449
00:20:34,560 --> 00:20:36,960
Speaker 9: was adding to demand at the time, and private demand

450
00:20:37,040 --> 00:20:40,560
Speaker 9: was already very strong. So now now the cost of that,

451
00:20:40,600 --> 00:20:41,840
Speaker 9: and one of the costs of that is that we

452
00:20:41,920 --> 00:20:45,120
Speaker 9: have to have title fiscal policy in the economy all

453
00:20:45,640 --> 00:20:49,720
Speaker 9: could probably handle a bit more fiscal stimulus. But you

454
00:20:49,760 --> 00:20:51,680
Speaker 9: know this there we're an environment where I think there's

455
00:20:51,680 --> 00:20:55,080
Speaker 9: going to be more focus on fiscal balances, on deficits.

456
00:20:56,080 --> 00:20:59,960
Speaker 9: Our deficits, our fiscal debt is higher than it was.

457
00:21:00,000 --> 00:21:04,119
Speaker 9: It still looks pretty good in an international comparison, but

458
00:21:04,760 --> 00:21:07,480
Speaker 9: people are starting perhaps for looks for alternatives to the

459
00:21:07,560 --> 00:21:10,840
Speaker 9: traditional place of packing your money in the US government debts,

460
00:21:11,160 --> 00:21:15,240
Speaker 9: So if we can show them responsible fiscal numbers, then

461
00:21:15,320 --> 00:21:18,399
Speaker 9: hopefully we can get a tiny fraction of that global

462
00:21:18,400 --> 00:21:21,040
Speaker 9: money that's maybe looking to diversify, but more than previously,

463
00:21:21,080 --> 00:21:22,440
Speaker 9: and that would be a win for our text path,

464
00:21:22,520 --> 00:21:23,000
Speaker 9: wouldn't it be?

465
00:21:23,080 --> 00:21:24,639
Speaker 2: N It's nice to talk to you, appreciate the insiders

466
00:21:24,640 --> 00:21:26,919
Speaker 2: all where Sharon's on A and Z chief economists with

467
00:21:27,000 --> 00:21:29,600
Speaker 2: us this morning, seventeen minutes away from seven Pasky contact.

468
00:21:29,640 --> 00:21:33,200
Speaker 2: I always like to read snap reported overnight they bring

469
00:21:33,240 --> 00:21:34,680
Speaker 2: in a lot of money. They're a bit worried about

470
00:21:34,720 --> 00:21:37,960
Speaker 2: advertising going forward, so everyone who invested in snap freaked out.

471
00:21:38,000 --> 00:21:41,800
Speaker 2: But Snapchat is so often us all we're on Snapchat?

472
00:21:41,920 --> 00:21:43,680
Speaker 2: Or what about Snapchat? Do you know how many global

473
00:21:43,720 --> 00:21:46,120
Speaker 2: active users there are on Snapchat? Four hundred and sixty million.

474
00:21:46,160 --> 00:21:48,560
Speaker 2: Think about that as the world's populations, it's about five

475
00:21:48,560 --> 00:21:51,040
Speaker 2: percent of the world. Ninety five percent of the world

476
00:21:51,560 --> 00:21:54,240
Speaker 2: is not on Snapchat, and yet look at the noise

477
00:21:54,240 --> 00:21:55,440
Speaker 2: it makes. Seventeen to two.

478
00:21:56,160 --> 00:21:59,760
Speaker 1: The Mike Hosking Breakfast Full Show podcast on I Heard

479
00:21:59,800 --> 00:22:01,840
Speaker 1: Rate powered by News Talks.

480
00:22:01,600 --> 00:22:04,640
Speaker 2: Eppie, Mike Sharon's on are among the beast we ever

481
00:22:04,680 --> 00:22:07,080
Speaker 2: heard simple language and common sense approach. Wonderful. Yeah she is.

482
00:22:07,119 --> 00:22:09,399
Speaker 2: She's very good and we thoroughly enjoy having on the program.

483
00:22:09,440 --> 00:22:11,159
Speaker 2: She was also right about the person's the shar and

484
00:22:11,200 --> 00:22:14,280
Speaker 2: fruit personmans are the personans that have had the exstringency

485
00:22:14,400 --> 00:22:16,320
Speaker 2: bred out of them. So you learned so much on

486
00:22:16,320 --> 00:22:17,720
Speaker 2: this program. Fourteen Away from.

487
00:22:17,600 --> 00:22:21,879
Speaker 14: Seven International Correspondence with Ends and Eye Insurance, Peace of

488
00:22:21,920 --> 00:22:24,080
Speaker 14: Mind for New Zealand business and the learning.

489
00:22:23,880 --> 00:22:26,600
Speaker 2: Don't stop there because here from Italy is Joe McKenna.

490
00:22:26,640 --> 00:22:29,320
Speaker 2: Very good morning to you, good money mine. How those

491
00:22:29,359 --> 00:22:31,080
Speaker 2: cardinals doing? What do they do all day?

492
00:22:33,960 --> 00:22:36,800
Speaker 15: I wish they would tell us they're locked behind closed

493
00:22:36,800 --> 00:22:39,600
Speaker 15: doors and when don't get very much information. They're going

494
00:22:39,640 --> 00:22:43,320
Speaker 15: into meetings at about nine o'clock in the morning for

495
00:22:43,600 --> 00:22:47,359
Speaker 15: half the day. And I've been told that they're giving

496
00:22:47,400 --> 00:22:50,479
Speaker 15: speeches to each other. They're wearing name tags because they

497
00:22:50,480 --> 00:22:54,560
Speaker 15: don't know who each other are. There are interpreters there

498
00:22:54,600 --> 00:22:57,840
Speaker 15: because they're not speaking the same language. It's really a

499
00:22:57,960 --> 00:22:59,840
Speaker 15: meet and greet and let's get to know each other

500
00:22:59,840 --> 00:23:03,280
Speaker 15: at this point because we've had so many new cardinals appointed.

501
00:23:02,880 --> 00:23:06,560
Speaker 2: Now do you. I've watched some pictures and it seems

502
00:23:06,600 --> 00:23:09,439
Speaker 2: to me you can approach your cardinal when they wander

503
00:23:09,520 --> 00:23:11,440
Speaker 2: out into the square or something and talk to them.

504
00:23:11,520 --> 00:23:12,920
Speaker 2: Is that fair enough? Can you just wander up to

505
00:23:12,960 --> 00:23:14,840
Speaker 2: a cardinal and pose a few questions?

506
00:23:15,560 --> 00:23:17,600
Speaker 15: Well, it's a bit of a media pack. As you've

507
00:23:17,600 --> 00:23:21,240
Speaker 15: probably seen in the images. They don't tend to respond,

508
00:23:22,880 --> 00:23:25,040
Speaker 15: but yes you can. You can doorstop.

509
00:23:24,600 --> 00:23:28,560
Speaker 2: Them and they may or may not say anything. And

510
00:23:28,640 --> 00:23:31,280
Speaker 2: I'm assuming for fear of somebody behind the closed doors

511
00:23:31,320 --> 00:23:33,280
Speaker 2: going to say please, don't say that again publicly.

512
00:23:34,040 --> 00:23:36,159
Speaker 15: Yes, But having said that, they have been doing a

513
00:23:36,160 --> 00:23:40,600
Speaker 15: few more newspaper interviews this time around, and certainly some

514
00:23:40,640 --> 00:23:42,359
Speaker 15: of them have had a wrap over the knuckles because

515
00:23:42,359 --> 00:23:46,000
Speaker 15: they're using social media inappropriately to take photos and selfies

516
00:23:46,040 --> 00:23:46,640
Speaker 15: of themselves.

517
00:23:47,040 --> 00:23:50,080
Speaker 2: Yeah, what was said? So in watching the funeral as

518
00:23:50,119 --> 00:23:52,560
Speaker 2: I did, obviously, I mean, what a picture Rome was?

519
00:23:52,640 --> 00:23:56,040
Speaker 2: My god? How beautiful was it on Saturday?

520
00:23:56,080 --> 00:23:59,159
Speaker 15: Wasn't it incredible? It was a magnificent day, and I

521
00:23:59,200 --> 00:24:01,880
Speaker 15: think it was amazing just to see the world leaders there.

522
00:24:01,880 --> 00:24:04,520
Speaker 15: That image that we saw of President Zelenski and President

523
00:24:04,560 --> 00:24:06,720
Speaker 15: Trump was just iconic exactly.

524
00:24:06,760 --> 00:24:10,760
Speaker 2: But what I watched the cardinals upcome the iPhones snapity

525
00:24:10,800 --> 00:24:14,480
Speaker 2: snap snap snap of the minot. Surely that's against the rules.

526
00:24:15,400 --> 00:24:18,440
Speaker 15: Yeah, well, especially with these young ones, because we've got

527
00:24:18,480 --> 00:24:21,640
Speaker 15: so many young cardinals now. The Ukrainian chap from Melbourne

528
00:24:21,680 --> 00:24:24,360
Speaker 15: who's coming, he's only forty five years old. He's the youngest.

529
00:24:24,480 --> 00:24:25,000
Speaker 8: Bit shock.

530
00:24:26,520 --> 00:24:29,639
Speaker 15: They're all into social media. It's as someone said to me,

531
00:24:29,680 --> 00:24:33,120
Speaker 15: they're the gen X, you know, and they love their phones.

532
00:24:33,160 --> 00:24:35,440
Speaker 15: And some of them have been saying, we're going to

533
00:24:35,480 --> 00:24:37,560
Speaker 15: find it really hard to go into the Sistine Chapel

534
00:24:37,560 --> 00:24:39,239
Speaker 15: because we won't have our iPads with us.

535
00:24:39,400 --> 00:24:40,280
Speaker 2: It's amazing, isn't it.

536
00:24:40,280 --> 00:24:40,440
Speaker 8: Now.

537
00:24:40,440 --> 00:24:43,400
Speaker 2: I do know you're in some financial difficulty. I would

538
00:24:43,440 --> 00:24:45,320
Speaker 2: have thought, given all the property in all of the

539
00:24:46,480 --> 00:24:48,879
Speaker 2: Catholic Church has, how is it you end up in

540
00:24:48,920 --> 00:24:49,320
Speaker 2: the red.

541
00:24:50,280 --> 00:24:53,119
Speaker 15: They could sell off a few artworks in Vatican museums

542
00:24:53,160 --> 00:24:57,119
Speaker 15: and sort that out. Again, not a full disclosure. We

543
00:24:57,160 --> 00:24:59,560
Speaker 15: haven't seen a full budget report, which I believe since

544
00:24:59,600 --> 00:25:02,520
Speaker 15: twenty two. I've seen some reports this week that say

545
00:25:02,920 --> 00:25:06,560
Speaker 15: they're fighting a deficit of around eighty three million and

546
00:25:06,600 --> 00:25:09,679
Speaker 15: they really need to attract new donations. They've lost a

547
00:25:09,680 --> 00:25:11,679
Speaker 15: lot of support, as we know in the US with

548
00:25:12,119 --> 00:25:15,639
Speaker 15: clerical sex abuse, and in other parts of the world,

549
00:25:15,680 --> 00:25:17,760
Speaker 15: but the Americans are the big donors, and I think

550
00:25:17,760 --> 00:25:19,800
Speaker 15: they want to get some of that money coming back

551
00:25:19,840 --> 00:25:20,399
Speaker 15: in of course.

552
00:25:20,800 --> 00:25:22,840
Speaker 2: Interesting you met the Pope's nephew or one of the

553
00:25:22,840 --> 00:25:26,200
Speaker 2: Pope's nephew. Is he a good luck, lovely chap.

554
00:25:26,640 --> 00:25:30,840
Speaker 15: He's around sixty. He's a university professor in Argentina. And

555
00:25:31,000 --> 00:25:34,840
Speaker 15: it was just really wonderful to hear his heartfelt stories

556
00:25:34,920 --> 00:25:39,000
Speaker 15: about Pope Francis. He described him as not only an uncle,

557
00:25:39,080 --> 00:25:42,600
Speaker 15: but as a loyal son and grandson and just a

558
00:25:42,840 --> 00:25:45,240
Speaker 15: very down towards Chap And he said the message that

559
00:25:45,280 --> 00:25:47,800
Speaker 15: he always had from him was, you know, don't big

560
00:25:47,840 --> 00:25:51,840
Speaker 15: note yourself because you're related to me, keep you, you know,

561
00:25:51,960 --> 00:25:54,480
Speaker 15: keep clear about who you are, and don't exaggerate.

562
00:25:54,640 --> 00:25:57,359
Speaker 2: It's nice actually speaking of money. Is it boom time

563
00:25:57,359 --> 00:25:59,320
Speaker 2: and rhyme at the moment? I mean, given the world's

564
00:25:59,359 --> 00:26:01,280
Speaker 2: attentions all the place and will be for the next

565
00:26:01,359 --> 00:26:03,760
Speaker 2: couple of weeks and waiting for the white smoke, is

566
00:26:03,800 --> 00:26:05,480
Speaker 2: everyone you know doing business.

567
00:26:06,080 --> 00:26:12,040
Speaker 15: It's crazy out there. I'm seeing lots of souvenirs and

568
00:26:12,080 --> 00:26:15,440
Speaker 15: the restaurants and the cafes are really going to town.

569
00:26:15,560 --> 00:26:18,200
Speaker 15: With all the tourists. I heard that a couple of

570
00:26:18,240 --> 00:26:21,840
Speaker 15: Australians paid ten euros each for a coffee the other day,

571
00:26:22,040 --> 00:26:23,800
Speaker 15: So there are a lot of ripoffs going off on

572
00:26:24,040 --> 00:26:24,360
Speaker 15: as well.

573
00:26:24,600 --> 00:26:26,439
Speaker 2: A scandal. Now, listen, you've been down to the tailor,

574
00:26:26,560 --> 00:26:28,879
Speaker 2: the tailor who makes I love Tailor's Taylor's makes the

575
00:26:28,880 --> 00:26:31,320
Speaker 2: outfits for the pope. What sort of fabric do they use?

576
00:26:31,800 --> 00:26:33,920
Speaker 2: And what do you hating per meter for the fabric

577
00:26:33,960 --> 00:26:36,280
Speaker 2: and what's one of those big big outfits cost.

578
00:26:37,080 --> 00:26:39,960
Speaker 15: Yeah, well, we spoke to the chap who used to

579
00:26:39,960 --> 00:26:42,879
Speaker 15: make quite a lot of outfits for Pope Francis, and

580
00:26:42,960 --> 00:26:46,560
Speaker 15: he's preparing three different sizes. I think you might know

581
00:26:46,600 --> 00:26:50,560
Speaker 15: that they prepare three different outfits, different sizes for the

582
00:26:50,560 --> 00:26:55,479
Speaker 15: potential pope. And he's using the very simple fabric that

583
00:26:56,040 --> 00:26:58,479
Speaker 15: Pope Francis used. That could be risky because we might

584
00:26:58,520 --> 00:27:01,280
Speaker 15: have a pope he likes a bit of glitz, yes,

585
00:27:02,119 --> 00:27:04,560
Speaker 15: And it's the fabric keys using, I think is around

586
00:27:04,560 --> 00:27:07,399
Speaker 15: fifty euros a meter, so not super expensive. But I

587
00:27:07,400 --> 00:27:09,439
Speaker 15: did see a lot of silk in that shop today.

588
00:27:09,680 --> 00:27:11,800
Speaker 2: Very nice, all right, Joe, you you stant touch and

589
00:27:11,880 --> 00:27:14,560
Speaker 2: keep us posted Joe Kenner in Rome this Thursday morning,

590
00:27:14,600 --> 00:27:15,720
Speaker 2: where it's nine to seven.

591
00:27:15,800 --> 00:27:19,800
Speaker 1: The mate Hosking breakfast with Bailey's real Estate news Dogs,

592
00:27:19,800 --> 00:27:20,520
Speaker 1: there'd be Mike.

593
00:27:20,560 --> 00:27:24,119
Speaker 2: The snooker last night was unbelievably good both games. Thank you,

594
00:27:24,200 --> 00:27:26,720
Speaker 2: don't thank me. It's got slightly out of control. In fact,

595
00:27:26,760 --> 00:27:28,359
Speaker 2: I've got a couple of emails on that later, but

596
00:27:29,000 --> 00:27:31,880
Speaker 2: I assume you refer to Higgins Williams. I won't tell

597
00:27:31,920 --> 00:27:35,520
Speaker 2: you what happened other than to say it went all

598
00:27:35,560 --> 00:27:39,760
Speaker 2: the way and to the last ball, and it was,

599
00:27:40,240 --> 00:27:42,640
Speaker 2: as somebody called it, an instant classic thing I learned

600
00:27:42,640 --> 00:27:46,919
Speaker 2: about persons, by the way, eight years before your first fruit,

601
00:27:47,359 --> 00:27:51,080
Speaker 2: fifteen before you're commercially viable. That's hard, yards, isn't it

602
00:27:51,119 --> 00:27:52,240
Speaker 2: five minutes away from seven?

603
00:27:54,280 --> 00:27:57,560
Speaker 1: Well, the ins and the outs, it's the fiz with

604
00:27:57,840 --> 00:28:01,320
Speaker 1: business favor. Take your business product to the next level.

605
00:28:01,480 --> 00:28:04,359
Speaker 2: A large amount of crap this morning provided to us

606
00:28:04,400 --> 00:28:06,919
Speaker 2: by booking dot com as part of their tenth annual

607
00:28:06,960 --> 00:28:09,800
Speaker 2: Sustainable Travel Research. So they survey two hundred and thirty

608
00:28:09,800 --> 00:28:13,159
Speaker 2: thousand travelers across thirty five markets, and they've been doing

609
00:28:13,200 --> 00:28:15,720
Speaker 2: it since twenty sixteen, completely and utterly wasting their time.

610
00:28:15,720 --> 00:28:18,840
Speaker 2: Given everyone lies to them, it's not just about creating

611
00:28:18,880 --> 00:28:21,399
Speaker 2: memories and photos, but also apparently it's about leaving the

612
00:28:21,440 --> 00:28:25,240
Speaker 2: place better off than when you arrived. Of keyw Is

613
00:28:25,240 --> 00:28:29,320
Speaker 2: involved in this particular survey, seventy two percent said sustainability

614
00:28:29,359 --> 00:28:32,920
Speaker 2: is important to them when traveling. The same number so

615
00:28:33,040 --> 00:28:34,720
Speaker 2: they want their money to go back to the local

616
00:28:34,720 --> 00:28:37,600
Speaker 2: communities w they're traveling in, like burly Heads. They want

617
00:28:37,600 --> 00:28:40,120
Speaker 2: the local burly Heads community to benefit because of the

618
00:28:40,160 --> 00:28:43,040
Speaker 2: Seventy seven percent say when they travel they seek authentic

619
00:28:43,080 --> 00:28:46,400
Speaker 2: experiences representative of local culture, like the local culture of

620
00:28:46,720 --> 00:28:50,880
Speaker 2: Pelican Heads or Burley Beach. When these new places like Corumba,

621
00:28:51,120 --> 00:28:53,880
Speaker 2: forty percent of us say we worry about traffic congestion

622
00:28:54,000 --> 00:28:56,520
Speaker 2: of the place we visit, thirty two percent worry about littering,

623
00:28:56,840 --> 00:28:59,480
Speaker 2: twenty six percent worry about overcrowding, and twenty six percent

624
00:28:59,480 --> 00:29:03,040
Speaker 2: worry about the rise and cost of living from over tourism.

625
00:29:03,200 --> 00:29:08,120
Speaker 2: Wes we're so worried by the time we get home

626
00:29:08,160 --> 00:29:11,120
Speaker 2: we need to book another holiday. We're more and more mindful,

627
00:29:11,240 --> 00:29:14,720
Speaker 2: allegedly almost as though we'd hopped on a bandwagon. Back

628
00:29:14,720 --> 00:29:16,920
Speaker 2: in twenty twenty, only twenty percent of us turned off

629
00:29:16,920 --> 00:29:19,600
Speaker 2: the air con when we left the hotel. But apparently

630
00:29:19,640 --> 00:29:23,440
Speaker 2: now sixty six percent of us do that. You're all liars,

631
00:29:23,560 --> 00:29:26,800
Speaker 2: you're liars. Ninety eight percent of people who participated in

632
00:29:26,840 --> 00:29:30,720
Speaker 2: the survey lied. Forty percent said we'd look to travel

633
00:29:30,760 --> 00:29:34,120
Speaker 2: at off peak times. No, not because it's cheap. No,

634
00:29:35,200 --> 00:29:37,680
Speaker 2: to combat over tourism.

635
00:29:40,000 --> 00:29:42,920
Speaker 16: Believe, before people take surveys, they should be made to

636
00:29:43,360 --> 00:29:45,080
Speaker 16: swear to tell the truth, the whole truth, and nothing

637
00:29:45,120 --> 00:29:45,680
Speaker 16: about the truth.

638
00:29:45,720 --> 00:29:47,920
Speaker 2: And also those people can see me the money, the

639
00:29:47,960 --> 00:29:50,320
Speaker 2: money they spent on that survey. Stop it now, give

640
00:29:50,360 --> 00:29:52,520
Speaker 2: it to me. I've got better things to do with it.

641
00:29:52,960 --> 00:29:55,600
Speaker 2: The KiwiRail, we got problems. We did have three fairies,

642
00:29:55,600 --> 00:29:57,440
Speaker 2: if you can call them fairies. We've only got two now.

643
00:29:57,480 --> 00:30:00,280
Speaker 2: So we'll look at that financial literacy co to a

644
00:30:00,280 --> 00:30:02,000
Speaker 2: school near you, which is no bad thing. And the

645
00:30:02,040 --> 00:30:04,160
Speaker 2: story of Liam's Skeetz you'll love it. He's with us

646
00:30:04,160 --> 00:30:04,600
Speaker 2: after rate.

647
00:30:06,120 --> 00:30:09,200
Speaker 1: The only report you need to start your day, the

648
00:30:09,400 --> 00:30:13,520
Speaker 1: mic casting Breakfast with Bailey's Real Estate your local experts

649
00:30:13,520 --> 00:30:16,360
Speaker 1: across residential, commercial, and rural news togs.

650
00:30:16,360 --> 00:30:19,160
Speaker 2: He'd been fulloing seven past seven as part of our

651
00:30:19,200 --> 00:30:21,800
Speaker 2: ongoing coverage of this country doesn't function very well. Theme,

652
00:30:21,880 --> 00:30:23,920
Speaker 2: we have seen your doctors on strike. Today four thy

653
00:30:24,000 --> 00:30:26,600
Speaker 2: three hundred medical procedures are off Health New Zealand Chief

654
00:30:26,640 --> 00:30:28,959
Speaker 2: Clinical Officer, Doctor Richard Sullivan is with us. A very

655
00:30:28,960 --> 00:30:32,400
Speaker 2: good morning, right, carry you very well. Indeed, is this complex?

656
00:30:32,400 --> 00:30:34,680
Speaker 2: Given you simply don't do some stuff today, you schedule

657
00:30:34,720 --> 00:30:36,320
Speaker 2: it for another day and edit to the backlog.

658
00:30:38,800 --> 00:30:43,080
Speaker 17: So that's a great question, you know. Obviously we've got

659
00:30:43,080 --> 00:30:46,000
Speaker 17: significant weightless you know for a patient to be seen

660
00:30:46,080 --> 00:30:49,479
Speaker 17: and get treatment, and Sony, any day of no treatment

661
00:30:49,560 --> 00:30:52,600
Speaker 17: has an impact on the waitlist. But we're pretty focused

662
00:30:52,640 --> 00:30:54,720
Speaker 17: on trying to reduce those weights to try and reduce

663
00:30:54,760 --> 00:30:58,160
Speaker 17: the harm for our patients. So the fact that I look,

664
00:30:58,200 --> 00:30:59,800
Speaker 17: it's more than a day, it's sort of a few

665
00:30:59,840 --> 00:31:01,800
Speaker 17: days leading up to strike in the day after, we

666
00:31:01,880 --> 00:31:04,920
Speaker 17: have to reduce your capacity. So at all that extra

667
00:31:05,200 --> 00:31:09,640
Speaker 17: four three hundred you know number that's going to impact

668
00:31:09,680 --> 00:31:11,440
Speaker 17: on you know, just trying to get people who their

669
00:31:11,440 --> 00:31:12,080
Speaker 17: access to care.

670
00:31:12,120 --> 00:31:14,160
Speaker 2: Really, I don't want to get into the politics of

671
00:31:14,200 --> 00:31:17,320
Speaker 2: all of this, but but as a mechanism, does it

672
00:31:17,560 --> 00:31:20,080
Speaker 2: change anything? Really, So people don't turn up to work

673
00:31:20,080 --> 00:31:21,640
Speaker 2: for a day they say, yes, we get you met.

674
00:31:21,720 --> 00:31:26,320
Speaker 17: What changes literally, Yeah, So I think probably the first

675
00:31:26,360 --> 00:31:28,040
Speaker 17: point to make is, you know it does change a

676
00:31:28,080 --> 00:31:32,120
Speaker 17: lot because we have to reduce our services significantly, and

677
00:31:32,520 --> 00:31:34,800
Speaker 17: you know this is a significant strike. You know, it's

678
00:31:34,800 --> 00:31:37,560
Speaker 17: a twenty four hours start at midnight finishes midnight tonight,

679
00:31:38,800 --> 00:31:42,440
Speaker 17: and so we've had to reduce our services, cancel our

680
00:31:43,040 --> 00:31:46,520
Speaker 17: or postpones I say, our plan here, and so we've

681
00:31:46,520 --> 00:31:48,960
Speaker 17: really got a real focus on keeping a hospital safe today.

682
00:31:48,960 --> 00:31:51,080
Speaker 17: That's probably the most important thing and a really important

683
00:31:51,120 --> 00:31:54,040
Speaker 17: message for our communities are that if they need healthare

684
00:31:54,160 --> 00:31:57,960
Speaker 17: do come in. So our eeds and mess departments are open,

685
00:31:58,040 --> 00:32:00,960
Speaker 17: our hospitals are open, and we work closer with the

686
00:32:01,040 --> 00:32:03,480
Speaker 17: union to make sure that we have the right number

687
00:32:03,520 --> 00:32:06,360
Speaker 17: of senior doctors on site to deliver the kear we

688
00:32:06,440 --> 00:32:10,600
Speaker 17: need to. So that's probably a key message for people

689
00:32:10,640 --> 00:32:14,080
Speaker 17: to know. But yeah, when you do that, yeah.

690
00:32:14,120 --> 00:32:15,840
Speaker 2: Well let me I get all of that on a

691
00:32:15,880 --> 00:32:19,120
Speaker 2: scale of one's team though, how stretched are you team?

692
00:32:19,240 --> 00:32:21,719
Speaker 2: You can barely cope one you breeze through today.

693
00:32:22,720 --> 00:32:27,600
Speaker 17: Well, look, I think we will be better five. So

694
00:32:28,760 --> 00:32:32,240
Speaker 17: we we're well prepared. We've done a lot of planning,

695
00:32:32,360 --> 00:32:35,080
Speaker 17: so we're confident so far we're six hours, seven hours

696
00:32:35,080 --> 00:32:38,360
Speaker 17: into what we've had, no things coping well and again,

697
00:32:38,400 --> 00:32:40,480
Speaker 17: as I say, we're working closely with the union to

698
00:32:40,520 --> 00:32:43,160
Speaker 17: make sure that we deliver that safe here. So I

699
00:32:43,160 --> 00:32:46,320
Speaker 17: think we'll get through today. I think the bigger issue,

700
00:32:46,320 --> 00:32:49,640
Speaker 17: as you say, is those tafar as, those postponements of

701
00:32:49,800 --> 00:32:52,120
Speaker 17: care and that ketch up and for those patients who

702
00:32:52,160 --> 00:32:55,080
Speaker 17: got calls to so I'm sorry your operations being postponed

703
00:32:55,160 --> 00:32:57,440
Speaker 17: or your connets postpone and we'll find your new time

704
00:32:57,440 --> 00:32:58,440
Speaker 17: on new days in the future.

705
00:32:58,600 --> 00:33:00,800
Speaker 2: Well and good luck. Whther Dr Richard's ULIV Health New

706
00:33:00,880 --> 00:33:03,960
Speaker 2: Zealand chief Clinical Officer. It is ten minutes past seven

707
00:33:04,280 --> 00:33:06,520
Speaker 2: pasting very news. We're losing one of the three into

708
00:33:06,560 --> 00:33:10,080
Speaker 2: Islanders as Kiwi Rail retires the Oratari infrastructure as the issue.

709
00:33:10,120 --> 00:33:12,240
Speaker 2: Qi We Rail boss Peter Ridi is with us on this. Peter,

710
00:33:12,360 --> 00:33:13,120
Speaker 2: very good morning to you.

711
00:33:13,760 --> 00:33:14,480
Speaker 4: Good morning Mite.

712
00:33:14,600 --> 00:33:16,320
Speaker 2: Had I had a sort of a headline grab what,

713
00:33:16,760 --> 00:33:19,240
Speaker 2: pull up and get excited yesterday. I assume this wasn't

714
00:33:19,240 --> 00:33:20,960
Speaker 2: breaking news yesterday or was it.

715
00:33:22,240 --> 00:33:24,120
Speaker 4: No look we thought would come to the market early,

716
00:33:24,200 --> 00:33:27,360
Speaker 4: just update customers and the whole market and planning for

717
00:33:27,680 --> 00:33:30,640
Speaker 4: the new new ships and the new assets. It's an

718
00:33:30,720 --> 00:33:33,240
Speaker 4: opportunity for us to engage with people now and just

719
00:33:33,240 --> 00:33:34,880
Speaker 4: get out there. We knew it was going to happen.

720
00:33:35,360 --> 00:33:38,040
Speaker 4: We now we know the timing of the port wharf development.

721
00:33:38,920 --> 00:33:40,920
Speaker 4: It's now time to get on with it and start

722
00:33:40,960 --> 00:33:43,320
Speaker 4: the planning. But you know, it's a big decision. We're

723
00:33:43,320 --> 00:33:46,120
Speaker 4: going to engage with the people and stakeholder so in

724
00:33:46,160 --> 00:33:46,880
Speaker 4: a tough decision.

725
00:33:46,960 --> 00:33:48,000
Speaker 11: It's been a big.

726
00:33:47,840 --> 00:33:48,840
Speaker 4: Workhorse for the fleet.

727
00:33:49,280 --> 00:33:51,480
Speaker 2: Exactly how not ideal is this?

728
00:33:52,920 --> 00:33:55,440
Speaker 4: Well, we always knew it had to happen. You know,

729
00:33:55,440 --> 00:33:58,400
Speaker 4: we're talking about a third year plan to new assets

730
00:33:58,400 --> 00:34:01,920
Speaker 4: for cook straight safety and reliable and of course I

731
00:34:01,960 --> 00:34:04,040
Speaker 4: would always like to keep the existing fleet in and

732
00:34:04,120 --> 00:34:06,600
Speaker 4: just you know, turn the keys over one day and

733
00:34:06,640 --> 00:34:08,480
Speaker 4: bring the and bring the new ships in. But that

734
00:34:08,520 --> 00:34:13,160
Speaker 4: can't happen. So the out teddy needs particular rail infrastructure

735
00:34:13,160 --> 00:34:15,640
Speaker 4: of Port Marlboro. Port Marlboro, you know they need to

736
00:34:15,640 --> 00:34:18,359
Speaker 4: bring that wharf down. They've been upgrading, but it needs

737
00:34:18,360 --> 00:34:22,040
Speaker 4: to be changed. So you know, look, yes there will

738
00:34:22,040 --> 00:34:25,839
Speaker 4: be a some capacity constraints at some stages. We've done

739
00:34:25,880 --> 00:34:28,799
Speaker 4: a lot of work in terms of how we'll work

740
00:34:28,800 --> 00:34:31,800
Speaker 4: it through with our timetables in terms of our planning

741
00:34:31,880 --> 00:34:34,839
Speaker 4: for for man Ginello locations were we're going to start

742
00:34:34,880 --> 00:34:39,000
Speaker 4: talking to customers now. During peak season, you know, there's

743
00:34:39,040 --> 00:34:41,520
Speaker 4: not a lot of freight and Christmas's great for passengers.

744
00:34:41,719 --> 00:34:44,560
Speaker 4: There'll be some periods where there will be some constraints,

745
00:34:44,560 --> 00:34:45,680
Speaker 4: but we're working through all that.

746
00:34:45,719 --> 00:34:46,120
Speaker 8: Of the month.

747
00:34:46,440 --> 00:34:48,480
Speaker 2: Here's a text Mike. As it gets harder to get

748
00:34:48,480 --> 00:34:50,200
Speaker 2: on a fairy, watch them put the price up.

749
00:34:50,400 --> 00:34:54,880
Speaker 4: You say, what, well, well, what I could say. The

750
00:34:54,920 --> 00:34:57,600
Speaker 4: reliability fairies over the summer season the last four months

751
00:34:57,600 --> 00:35:00,880
Speaker 4: has been one hundred percent. Right now, our focus is

752
00:35:00,920 --> 00:35:04,480
Speaker 4: on making sure we can move the capacity and the passengers.

753
00:35:04,520 --> 00:35:07,680
Speaker 4: So you know, the competitor's got two ferries, will have two.

754
00:35:08,719 --> 00:35:12,800
Speaker 4: We will be making sure they're reliable and and running between.

755
00:35:12,880 --> 00:35:14,719
Speaker 4: But yes, there will be some times where you might

756
00:35:14,719 --> 00:35:16,520
Speaker 4: be able to not get on the early morning one,

757
00:35:16,600 --> 00:35:19,640
Speaker 4: but get on the ferry you know, three four us later.

758
00:35:19,920 --> 00:35:22,239
Speaker 2: Okay, is this a gift for Bluebridge? Basically you're just

759
00:35:22,280 --> 00:35:26,640
Speaker 2: handing them business. No, well no, well no yet I

760
00:35:26,680 --> 00:35:27,440
Speaker 2: think yes, we.

761
00:35:27,480 --> 00:35:29,480
Speaker 11: Always we always think that when't take.

762
00:35:29,320 --> 00:35:32,320
Speaker 4: Capacity out, you're going to have capacity gets spread across

763
00:35:32,320 --> 00:35:35,520
Speaker 4: the two so yes, and actually you know, when when

764
00:35:35,560 --> 00:35:37,279
Speaker 4: either they have an issue, we have an issue, we

765
00:35:37,280 --> 00:35:39,440
Speaker 4: actually help each other out. So yes, you're going to

766
00:35:39,440 --> 00:35:41,680
Speaker 4: take a ship out. There's going to be capacity spread

767
00:35:41,920 --> 00:35:45,040
Speaker 4: across both. You know what we have seen and we've

768
00:35:45,080 --> 00:35:47,839
Speaker 4: had great customer experience and service and reliability the last

769
00:35:47,880 --> 00:35:50,239
Speaker 4: four months, so you know, we'ld be hoping that people

770
00:35:50,280 --> 00:35:52,960
Speaker 4: will stick with us, but I can understand at times

771
00:35:53,040 --> 00:35:53,960
Speaker 4: they'll make other decisions.

772
00:35:53,960 --> 00:35:55,880
Speaker 2: Here's another text. They're flooding in for your Peter. How

773
00:35:55,960 --> 00:35:58,000
Speaker 2: much will you get for selling the oratary? What's it worth?

774
00:35:58,040 --> 00:36:00,239
Speaker 2: A scrap which I'm assuming is all it's left now?

775
00:36:00,840 --> 00:36:04,319
Speaker 4: Yeah, look, we haven't that there are options, Mike, we

776
00:36:04,360 --> 00:36:07,760
Speaker 4: haven't really gone through that. If it is scrapped, it's minimal.

777
00:36:07,840 --> 00:36:10,360
Speaker 4: But I mean will go through that as we go

778
00:36:10,440 --> 00:36:14,040
Speaker 4: through the planning of the exact retirement. But you know

779
00:36:14,040 --> 00:36:15,560
Speaker 4: it's twenty eight years old, so.

780
00:36:17,160 --> 00:36:19,680
Speaker 8: Is it not bad? Do you?

781
00:36:19,800 --> 00:36:21,120
Speaker 2: I don't think I've talked to you about through this

782
00:36:21,160 --> 00:36:24,759
Speaker 2: whole process, this whole fairy thing. You know that you'll

783
00:36:24,800 --> 00:36:28,279
Speaker 2: be well acquainted with how is the country? Do you reckon?

784
00:36:28,320 --> 00:36:28,920
Speaker 2: We've handled it?

785
00:36:30,560 --> 00:36:30,759
Speaker 8: Oh?

786
00:36:30,840 --> 00:36:33,840
Speaker 4: Look, if you think about you know the two islands.

787
00:36:33,840 --> 00:36:37,600
Speaker 4: The way we've moved significant freight and passengers across the

788
00:36:37,640 --> 00:36:41,799
Speaker 4: country significantly reliably, and the Cook Strait is not an

789
00:36:41,800 --> 00:36:45,040
Speaker 4: easy water passage. I think incredible. The fact that we've

790
00:36:45,080 --> 00:36:48,200
Speaker 4: got ships now, you know, the last four months, as

791
00:36:48,200 --> 00:36:51,359
Speaker 4: I've said, one hundred percent reliably. You know, it's had

792
00:36:51,360 --> 00:36:53,959
Speaker 4: a history like a lot of industries. But I think

793
00:36:54,000 --> 00:36:56,160
Speaker 4: our team, I'm really proud of what our team do.

794
00:36:57,000 --> 00:36:59,239
Speaker 4: We've had, you know, issues, but we've got on with it.

795
00:36:59,280 --> 00:37:02,440
Speaker 4: I think the museum, it's a critical trading route, and

796
00:37:03,160 --> 00:37:06,719
Speaker 4: I think ourselves and the other competitor, we're all out

797
00:37:06,719 --> 00:37:07,719
Speaker 4: there doing as best we can.

798
00:37:07,840 --> 00:37:10,080
Speaker 2: Good stuff. Pet appreciate time very much. Peter Radio. I

799
00:37:10,080 --> 00:37:11,799
Speaker 2: love the way people call the other people. I mean

800
00:37:11,800 --> 00:37:14,280
Speaker 2: it's called blue Bridge. I mean I call like Radio

801
00:37:14,280 --> 00:37:16,800
Speaker 2: New Zealand's Radio New Zealand and go the other COMPETI

802
00:37:16,840 --> 00:37:21,319
Speaker 2: top fourteen minutes past seven asking yes no no, yes, no, yes,

803
00:37:22,000 --> 00:37:24,799
Speaker 2: that was funny. Using booking dot Com, Mike, around twenty

804
00:37:24,840 --> 00:37:27,560
Speaker 2: percent of the booking goes overseas. If qus want money

805
00:37:27,560 --> 00:37:29,359
Speaker 2: to go to the local communities, they need to book

806
00:37:29,360 --> 00:37:31,839
Speaker 2: with New Zealand booking agents. Very good point. Another one

807
00:37:31,840 --> 00:37:34,480
Speaker 2: booking dot com. Don't use them, book direct with the

808
00:37:34,520 --> 00:37:37,440
Speaker 2: accommodation providers. No, I should have picked that up at

809
00:37:37,440 --> 00:37:40,759
Speaker 2: the time. But well set fourteen past the.

810
00:37:40,800 --> 00:37:45,719
Speaker 1: Mike Asking Breakfast full show podcast on iHeartRadio, Howard By News.

811
00:37:45,480 --> 00:37:49,799
Speaker 2: Talks at b Hey Mike sial with Bluebridge first time

812
00:37:49,840 --> 00:37:52,080
Speaker 2: March after fifteen years of the inter island A cheaper,

813
00:37:52,120 --> 00:37:55,080
Speaker 2: better facilities including cabins with showers, better service, more reliable.

814
00:37:55,080 --> 00:37:58,320
Speaker 2: Good that's what competition does, Mike. Well the Navy scuttle

815
00:37:58,360 --> 00:38:01,399
Speaker 2: it for free. It's a very good question. Too soon.

816
00:38:01,640 --> 00:38:04,160
Speaker 2: Seventeen past seven. Good news for the Central North Island

817
00:38:04,160 --> 00:38:06,600
Speaker 2: as well as the tourism sector. Fuck a paper ski

818
00:38:06,600 --> 00:38:09,440
Speaker 2: field deal. It's done. Ten year concession from Doc to

819
00:38:09,600 --> 00:38:11,719
Speaker 2: fucker Papa Holdings. The government's on the hook for about

820
00:38:11,719 --> 00:38:13,600
Speaker 2: fifty million ish to keep it the field open. The

821
00:38:13,680 --> 00:38:15,520
Speaker 2: rule of pay who mere Western curtain is with us

822
00:38:15,560 --> 00:38:16,719
Speaker 2: Western Very good morning to you.

823
00:38:17,280 --> 00:38:18,120
Speaker 17: Yes, good morning, Mike.

824
00:38:18,160 --> 00:38:19,480
Speaker 2: What's your sense of this relief?

825
00:38:20,200 --> 00:38:21,000
Speaker 17: Oh, it certainly is.

826
00:38:21,040 --> 00:38:24,480
Speaker 13: It's a critical milestone mic and securing the future of

827
00:38:24,520 --> 00:38:27,279
Speaker 13: our ski skiing in Mount Real Pehu, and it gives

828
00:38:27,280 --> 00:38:31,600
Speaker 13: confidence to the wider tourism sector. And it provides a

829
00:38:31,719 --> 00:38:34,880
Speaker 13: huge amount of income for our community and the region,

830
00:38:35,400 --> 00:38:37,360
Speaker 13: to the tune of around one hundred million dollars, so

831
00:38:37,360 --> 00:38:38,359
Speaker 13: we had a lot of the stake here.

832
00:38:38,760 --> 00:38:40,560
Speaker 2: I followed it very closely. I get the sense it

833
00:38:40,560 --> 00:38:43,600
Speaker 2: shouldn't have been as complex or as angsty as it got.

834
00:38:43,760 --> 00:38:45,799
Speaker 17: Fair well, that's fair.

835
00:38:46,040 --> 00:38:50,040
Speaker 13: I think taxpayers were putting money into this operation back

836
00:38:50,080 --> 00:38:52,520
Speaker 13: in twenty twenty two, and of course everyone had the

837
00:38:52,560 --> 00:38:55,440
Speaker 13: opinion about it being in receivership, whether we should go

838
00:38:55,480 --> 00:38:58,560
Speaker 13: ahead or go have government money into this, but of

839
00:38:58,560 --> 00:39:00,799
Speaker 13: course the government's propped it up enough for it to

840
00:39:00,880 --> 00:39:04,319
Speaker 13: actually proceed to get over the line the possibility of

841
00:39:04,360 --> 00:39:08,000
Speaker 13: other bidders in receivership. As course in twenty twenty two

842
00:39:08,600 --> 00:39:11,680
Speaker 13: then we saw one or two bidders coming forward and

843
00:39:11,719 --> 00:39:14,360
Speaker 13: they had to go through the due diligence, and government

844
00:39:14,680 --> 00:39:17,520
Speaker 13: had faith in the fact that there was a future

845
00:39:17,560 --> 00:39:20,600
Speaker 13: for skiing in this region, and of course we got

846
00:39:20,640 --> 00:39:24,799
Speaker 13: over line the consultation phase. And of course now we've

847
00:39:24,800 --> 00:39:28,080
Speaker 13: got a situation whereby the ministers made the call yesterday

848
00:39:28,600 --> 00:39:31,000
Speaker 13: and we already appreciate and thank all those concerned to

849
00:39:31,120 --> 00:39:32,480
Speaker 13: get this overline for our.

850
00:39:32,320 --> 00:39:34,960
Speaker 2: Communities fantastic Wesdom. Good to catch up. I'm glad it's

851
00:39:34,960 --> 00:39:36,680
Speaker 2: worked out well for you Western Curtain, who's the rue

852
00:39:36,680 --> 00:39:38,120
Speaker 2: of pay who may have got some very good news

853
00:39:38,120 --> 00:39:39,640
Speaker 2: coming or I have finally come back to us on

854
00:39:39,680 --> 00:39:42,080
Speaker 2: the state housing and rent areas. We were talking about

855
00:39:42,080 --> 00:39:43,759
Speaker 2: it briefly, a number of people being booted out from

856
00:39:43,800 --> 00:39:46,120
Speaker 2: their tendencies, but rent areas was another issue. How much

857
00:39:46,239 --> 00:39:47,920
Speaker 2: is owed by people who don't pay their rent? I

858
00:39:47,920 --> 00:39:50,480
Speaker 2: had numbers. I have encouraging numbers, actually, and I have

859
00:39:50,719 --> 00:39:55,160
Speaker 2: very encouraging numbers speaking of transport, very encouraging numbers around

860
00:39:55,160 --> 00:39:57,399
Speaker 2: the world of airfairs, and it's not as bad as

861
00:39:57,440 --> 00:40:00,319
Speaker 2: you might have thought. Ongoing mail on the snook Mike,

862
00:40:00,840 --> 00:40:02,680
Speaker 2: it is great that you've managed to work out or

863
00:40:02,760 --> 00:40:05,560
Speaker 2: work your magic by getting the snooker televised by Sky.

864
00:40:05,760 --> 00:40:08,919
Speaker 2: Are you able to do the same for the tennis now?

865
00:40:09,200 --> 00:40:13,399
Speaker 2: Just heads up on this my programming days for the Sky.

866
00:40:14,560 --> 00:40:16,439
Speaker 2: I mean, obviously I've done this for you for free.

867
00:40:16,840 --> 00:40:19,520
Speaker 2: It's voluntary and you can thank me later. But I

868
00:40:19,520 --> 00:40:22,880
Speaker 2: am not Sky's programmer. I am not the repository for

869
00:40:23,000 --> 00:40:25,680
Speaker 2: everything they don't do or everything they do do but

870
00:40:25,840 --> 00:40:28,520
Speaker 2: could do. Better. I'm not here to solve all the problems,

871
00:40:28,560 --> 00:40:31,239
Speaker 2: so I have dipped my toe into programming and I

872
00:40:31,239 --> 00:40:35,040
Speaker 2: have been successful in the snooker. I now retire seven twenty.

873
00:40:37,400 --> 00:40:41,560
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio.

874
00:40:41,880 --> 00:40:43,720
Speaker 8: How It My News talksp.

875
00:40:45,680 --> 00:40:48,759
Speaker 2: Now lately you've heard on this radio station, you know

876
00:40:48,760 --> 00:40:51,359
Speaker 2: a bit to talk about healthy homes and healthy home

877
00:40:51,400 --> 00:40:54,080
Speaker 2: is not complete without the old DBS, and that is true.

878
00:40:54,239 --> 00:40:56,160
Speaker 2: But if you're not exactly sure what it is all

879
00:40:56,160 --> 00:40:58,719
Speaker 2: the difference to DBS can make in your home, we

880
00:40:59,000 --> 00:41:01,839
Speaker 2: can sort you through this. It's about ventilating every room

881
00:41:01,840 --> 00:41:04,480
Speaker 2: of your home, filtered fresh air, ren stale air out.

882
00:41:04,880 --> 00:41:07,520
Speaker 2: It's a preventative measure against mold and mildew and windows,

883
00:41:07,520 --> 00:41:10,359
Speaker 2: crying condensations, being able to enjoy a drier, healthier home

884
00:41:10,360 --> 00:41:12,680
Speaker 2: in all kinds of weather anywhere in the country. Now,

885
00:41:12,719 --> 00:41:15,520
Speaker 2: with thirty years of experienced DBS knows ventilation better than anyone,

886
00:41:15,560 --> 00:41:18,200
Speaker 2: So you can join the thousands of Kiwis and experience

887
00:41:18,200 --> 00:41:21,200
Speaker 2: the DBS difference. And if you're planning on building, DBS

888
00:41:21,200 --> 00:41:23,239
Speaker 2: has got those new solutions for new homes as well,

889
00:41:23,280 --> 00:41:26,360
Speaker 2: so it's all good. Say yes to DVS. Your healthy

890
00:41:26,360 --> 00:41:28,239
Speaker 2: home not complete without it. So here's where you go

891
00:41:28,320 --> 00:41:30,880
Speaker 2: DBS dot co dot inz super simple DBS dot co

892
00:41:30,960 --> 00:41:33,399
Speaker 2: dot INZ and the telephone number. This is even better.

893
00:41:33,719 --> 00:41:40,440
Speaker 2: Eight hundred DBSDVS eight hundred dvsdvsske SEVN twenty three regulars

894
00:41:40,440 --> 00:41:42,720
Speaker 2: will know. School and I were never really that close.

895
00:41:43,440 --> 00:41:45,600
Speaker 2: It was a means to an end. The end couldn't

896
00:41:45,640 --> 00:41:47,800
Speaker 2: come soon enough, and the means was these skills required

897
00:41:47,800 --> 00:41:49,480
Speaker 2: to get out into the world and get on with life.

898
00:41:49,560 --> 00:41:51,960
Speaker 2: One of the things that did help with was economics.

899
00:41:52,040 --> 00:41:54,480
Speaker 2: I found it genuinely interesting. I did quite well, and

900
00:41:54,640 --> 00:41:57,400
Speaker 2: they taught me compounding interest. Well, it taught me about

901
00:41:57,400 --> 00:41:59,920
Speaker 2: compounding interests. Now, if you don't know about compounding interest,

902
00:42:00,160 --> 00:42:03,319
Speaker 2: you don't know about life. Basically, economics is life, and

903
00:42:03,360 --> 00:42:05,440
Speaker 2: its lack of understanding is why so many people have

904
00:42:05,480 --> 00:42:08,719
Speaker 2: so many difficulties with money. As of twenty twenty seven,

905
00:42:08,719 --> 00:42:11,160
Speaker 2: if you're not up on this financial education, it has

906
00:42:11,200 --> 00:42:14,120
Speaker 2: been announced will be compulsory in school. He is one

907
00:42:14,200 --> 00:42:16,440
Speaker 2: through ten. I'd make it one through thirteen personally, but

908
00:42:16,480 --> 00:42:19,640
Speaker 2: praise the Lord. This education. This is education you can use.

909
00:42:19,840 --> 00:42:23,880
Speaker 2: I mean geography in Latin and physics. They're about career pathways, right,

910
00:42:23,880 --> 00:42:26,240
Speaker 2: They're about ideas you may or may not find interesting.

911
00:42:26,280 --> 00:42:28,399
Speaker 2: As a result, you may or may not ever used them.

912
00:42:28,600 --> 00:42:31,319
Speaker 2: But finance is about life. It's about success. It's about

913
00:42:31,360 --> 00:42:33,960
Speaker 2: navigating the world. People who know what money is, currency

914
00:42:34,040 --> 00:42:37,440
Speaker 2: is interests, dibendends are investment as returns are do better

915
00:42:37,480 --> 00:42:40,120
Speaker 2: in the world than those who don't. It raises the question,

916
00:42:40,600 --> 00:42:43,000
Speaker 2: I suppose as to what education is really all about.

917
00:42:43,080 --> 00:42:46,279
Speaker 2: Is it about a pathway to university, to skills or

918
00:42:46,320 --> 00:42:49,120
Speaker 2: to understanding or the power or value of learning or

919
00:42:49,160 --> 00:42:50,799
Speaker 2: the basics of life? I mean they used to do

920
00:42:50,880 --> 00:42:54,320
Speaker 2: home ech still do under different names. I mean, is

921
00:42:54,320 --> 00:42:57,400
Speaker 2: that a pathway to work with alarm de cars? Or

922
00:42:57,480 --> 00:42:59,360
Speaker 2: is it just to make some scones on a rainy Sunday.

923
00:42:59,520 --> 00:43:02,600
Speaker 2: I figure nothing else school should be useful. A lot

924
00:43:02,640 --> 00:43:04,520
Speaker 2: of people don't use a lot of what we got

925
00:43:04,560 --> 00:43:07,960
Speaker 2: at school. I mean, nomadic tribes of Africa in geography

926
00:43:08,040 --> 00:43:10,880
Speaker 2: didn't serve me all that well. But compound interest has

927
00:43:11,200 --> 00:43:14,520
Speaker 2: economics opened a door for me, A useful, beneficial, financially

928
00:43:14,600 --> 00:43:17,680
Speaker 2: fruitful door. The idea that all kids will get that

929
00:43:17,760 --> 00:43:21,960
Speaker 2: going forward is no bad thing. Asking Mike, what about

930
00:43:21,960 --> 00:43:25,160
Speaker 2: the beautiful old chateau. This also needs a close look at. Yeah,

931
00:43:25,160 --> 00:43:27,040
Speaker 2: they've been looking at that. The problem is the market.

932
00:43:27,120 --> 00:43:30,160
Speaker 2: They can't get anyone to buy it because the renovation.

933
00:43:30,160 --> 00:43:32,280
Speaker 2: You've seen the cost of renovations these days, the renault

934
00:43:32,280 --> 00:43:34,920
Speaker 2: on the chateau is too high. I also have. By

935
00:43:34,960 --> 00:43:38,240
Speaker 2: the way, my daughter is busy texting me on the program.

936
00:43:38,840 --> 00:43:42,719
Speaker 2: She goes first ever in a way that only young

937
00:43:42,760 --> 00:43:45,439
Speaker 2: people can give you the news, as though even though

938
00:43:45,560 --> 00:43:47,680
Speaker 2: your father works in the news, he knows nothing about

939
00:43:47,719 --> 00:43:51,040
Speaker 2: what's going on in the news. First ever endsz SMO

940
00:43:51,200 --> 00:43:55,040
Speaker 2: strike today exclamation mark. Have you heard much about it

941
00:43:55,080 --> 00:43:58,719
Speaker 2: in the news so far? This young woman is going

942
00:43:58,800 --> 00:43:59,280
Speaker 2: to be a doctor.

943
00:44:00,920 --> 00:44:01,080
Speaker 9: See.

944
00:44:01,280 --> 00:44:05,480
Speaker 16: And that is why we are such a high performance

945
00:44:05,600 --> 00:44:08,480
Speaker 16: sort of a news program, because we we've got the

946
00:44:08,520 --> 00:44:09,640
Speaker 16: fingers out there.

947
00:44:09,840 --> 00:44:13,200
Speaker 2: They're allers out there. If you tuned in sources. My

948
00:44:13,320 --> 00:44:16,160
Speaker 2: answer to it was, if you tuned in, we just

949
00:44:16,200 --> 00:44:18,680
Speaker 2: did an interview. I said to you, off, are you working?

950
00:44:18,840 --> 00:44:21,480
Speaker 2: She goes, don't have time to tune in, busy working

951
00:44:21,520 --> 00:44:23,960
Speaker 2: instead of striking no strikes for the hard working training

952
00:44:24,040 --> 00:44:27,040
Speaker 2: interns getting paid zilch. She can tell she's a unionist.

953
00:44:27,360 --> 00:44:32,920
Speaker 2: Here's my other problem today water. I feel under resourced

954
00:44:32,920 --> 00:44:36,640
Speaker 2: as a broadcast this morning, the tap I have hot

955
00:44:36,680 --> 00:44:41,600
Speaker 2: water and lemon, which makes me sound slightly problematic to

956
00:44:41,640 --> 00:44:44,120
Speaker 2: deal with, but nevertheless, I've done it for many, many years,

957
00:44:44,160 --> 00:44:47,400
Speaker 2: and it cleanses the liver. It makes you feel younger

958
00:44:47,440 --> 00:44:50,840
Speaker 2: than you are. Anyway, the tap I access, which is

959
00:44:50,880 --> 00:44:53,000
Speaker 2: just outside the studio, is broken, of course, because this

960
00:44:53,040 --> 00:44:55,759
Speaker 2: place refuses to do any sort of maintenance program, and

961
00:44:55,800 --> 00:44:57,480
Speaker 2: so we wait till everything breaks, and then we call

962
00:44:57,520 --> 00:44:59,040
Speaker 2: a tech and we put a label as we have

963
00:44:59,160 --> 00:45:01,560
Speaker 2: on the tap this morning on the tech saying beautifully printed.

964
00:45:01,680 --> 00:45:03,719
Speaker 2: It's a very nicely printed If we if we only

965
00:45:03,920 --> 00:45:06,520
Speaker 2: maintained things as well as we printed labels, we'd actually

966
00:45:06,520 --> 00:45:09,600
Speaker 2: have some bloody water running. Anyway, so we were tap broke,

967
00:45:10,120 --> 00:45:11,520
Speaker 2: and we called the tech. But of course you know

968
00:45:11,560 --> 00:45:14,360
Speaker 2: what it's like getting anybody. So I'm now having to

969
00:45:14,440 --> 00:45:16,840
Speaker 2: I'm leaving shortly. By the way, I'm leaving shortly for

970
00:45:16,920 --> 00:45:20,160
Speaker 2: the next tap. The nearest tap is killometers away, and

971
00:45:20,200 --> 00:45:24,359
Speaker 2: I may exactly and I may not be back before

972
00:45:24,400 --> 00:45:27,239
Speaker 2: the end of the news. I've had to run, and

973
00:45:27,320 --> 00:45:30,040
Speaker 2: I had to run with a full cup and it's held.

974
00:45:30,480 --> 00:45:32,200
Speaker 2: I don't know if it's coming across on the show.

975
00:45:32,239 --> 00:45:34,839
Speaker 2: I feel quite good, but wish me well.

976
00:45:36,719 --> 00:45:40,680
Speaker 1: New Zealand's voice of reason is Mike the Mic asking

977
00:45:40,760 --> 00:45:45,480
Speaker 1: Breakfast with Vita, Retirement Communities, Life your Way News togs

978
00:45:45,520 --> 00:45:45,799
Speaker 1: Head be.

979
00:45:46,120 --> 00:45:48,399
Speaker 2: Like, I have a lime tree absolutely loaded at the moment.

980
00:45:48,480 --> 00:45:48,799
Speaker 3: So do I?

981
00:45:48,800 --> 00:45:50,120
Speaker 2: Actually? I have a several lime tree. Is going to

982
00:45:50,160 --> 00:45:51,240
Speaker 2: be a very good citrus season.

983
00:45:51,840 --> 00:45:54,719
Speaker 18: You're going to You're going to say it's a lime

984
00:45:54,760 --> 00:45:55,560
Speaker 18: tree and then.

985
00:45:55,960 --> 00:45:58,800
Speaker 2: No, good point, good point. There's a couple of trees

986
00:45:58,840 --> 00:46:00,799
Speaker 2: I had that could turn out to be other things,

987
00:46:00,880 --> 00:46:02,920
Speaker 2: like oranges. I've got a blood orange I thought was

988
00:46:02,920 --> 00:46:05,480
Speaker 2: a lemon for a while. So the blood orange.

989
00:46:05,160 --> 00:46:07,760
Speaker 18: Is yesterday's person in tree was a one hundred.

990
00:46:07,560 --> 00:46:10,239
Speaker 2: Percent exactly, But no, it's I'm confident on limes. I've

991
00:46:10,239 --> 00:46:14,160
Speaker 2: got limes, lemons, several sorts of lemons, and several sorts

992
00:46:14,200 --> 00:46:17,320
Speaker 2: of grapefruit, and a blood orange, just the one blood orange.

993
00:46:17,320 --> 00:46:19,240
Speaker 2: If I wanted to plant more, I do more blood orange.

994
00:46:19,280 --> 00:46:21,720
Speaker 2: But this person's got a lime tree. What's my ratio

995
00:46:22,480 --> 00:46:24,319
Speaker 2: to lemon to water? I have two slices of lemon

996
00:46:24,360 --> 00:46:26,560
Speaker 2: and a very small cup of water, So it's quite high.

997
00:46:26,640 --> 00:46:29,200
Speaker 2: I think, how come Mike gets a cup in the studio?

998
00:46:29,280 --> 00:46:33,840
Speaker 2: Other studios? You can't what other studios? Well, you studio

999
00:46:33,960 --> 00:46:37,000
Speaker 2: frequenta you how do you know you're an expert in studios?

1000
00:46:37,000 --> 00:46:37,239
Speaker 8: Are you?

1001
00:46:37,880 --> 00:46:40,000
Speaker 2: Good? Grief? My command of your standing. I thought you

1002
00:46:40,040 --> 00:46:41,759
Speaker 2: would have staff to fetch your water. You think that,

1003
00:46:41,800 --> 00:46:44,800
Speaker 2: wouldn't you? You think that I am.

1004
00:46:45,000 --> 00:46:46,719
Speaker 18: Is it a hygiene issue that you don't let other

1005
00:46:46,760 --> 00:46:47,360
Speaker 18: people do that?

1006
00:46:47,800 --> 00:46:48,480
Speaker 2: Pretty much?

1007
00:46:48,760 --> 00:46:51,319
Speaker 18: Yeah, you can't have people fingering your lemon water.

1008
00:46:51,440 --> 00:46:53,520
Speaker 2: Boss did say you get me a thermos? And I said, good,

1009
00:46:53,560 --> 00:46:55,680
Speaker 2: go get one, because there I know full well there's

1010
00:46:55,680 --> 00:46:58,720
Speaker 2: not a thermos in the building. Mike boiler jug ah,

1011
00:46:58,760 --> 00:47:01,160
Speaker 2: good question, what chug? Where's the jug? Go on, tell

1012
00:47:01,160 --> 00:47:01,880
Speaker 2: me where the jugg is?

1013
00:47:01,920 --> 00:47:04,880
Speaker 18: There's no jug here, and if there was, there'd be

1014
00:47:04,920 --> 00:47:05,520
Speaker 18: a notice of it.

1015
00:47:05,680 --> 00:47:10,400
Speaker 2: Exactly twenty two minutes away from eight. You're sleeping on

1016
00:47:10,400 --> 00:47:12,839
Speaker 2: a sofa at the moment, or so, he claims, doing

1017
00:47:12,920 --> 00:47:16,600
Speaker 2: cold calls to raise money to make sure he stays

1018
00:47:16,640 --> 00:47:18,799
Speaker 2: in Indie. Next, this is the battle that the young

1019
00:47:18,840 --> 00:47:20,880
Speaker 2: talents have in the world of motor racing. So Williams

1020
00:47:20,880 --> 00:47:23,360
Speaker 2: Skeets is in Indianapolis. He's got a race this weekend

1021
00:47:23,400 --> 00:47:24,960
Speaker 2: because he raised the money for it. But as for

1022
00:47:25,000 --> 00:47:26,840
Speaker 2: the rest of the season, we would know. It's a

1023
00:47:26,840 --> 00:47:28,839
Speaker 2: great story and he's with us after eight lean time

1024
00:47:29,560 --> 00:47:31,520
Speaker 2: to the aforementioned very good news at our schools are

1025
00:47:31,520 --> 00:47:34,719
Speaker 2: going to be concentrating more on financial literacy. Years one

1026
00:47:34,760 --> 00:47:37,840
Speaker 2: through teen will study the likes of income, spending, savings, interest, tax,

1027
00:47:37,880 --> 00:47:42,759
Speaker 2: insurance in this refreshed social science program. Now financial organizations,

1028
00:47:42,800 --> 00:47:44,879
Speaker 2: banks and charity is going to be taking part and

1029
00:47:45,160 --> 00:47:47,680
Speaker 2: Banker a part of that. They're a CEO, Simon Brown

1030
00:47:47,880 --> 00:47:50,879
Speaker 2: is with a Simon very good morning to you mate.

1031
00:47:50,960 --> 00:47:52,880
Speaker 2: If I used your name correctly, b A n q

1032
00:47:53,080 --> 00:47:56,720
Speaker 2: U are I just you know spelling you are banker?

1033
00:47:56,760 --> 00:47:57,120
Speaker 12: Got on?

1034
00:47:57,280 --> 00:47:59,960
Speaker 2: Okay, good god on glad. I probably shouldn't have highlighted

1035
00:48:00,080 --> 00:48:02,160
Speaker 2: because I come across as more cool. If I'm going

1036
00:48:02,160 --> 00:48:03,719
Speaker 2: to write first time, it's this win win. I mean,

1037
00:48:03,719 --> 00:48:04,960
Speaker 2: this is a win win, isn't it.

1038
00:48:06,160 --> 00:48:06,719
Speaker 19: Absolutely?

1039
00:48:06,760 --> 00:48:10,239
Speaker 12: I think a lot of people appreciate the importance in

1040
00:48:10,320 --> 00:48:12,600
Speaker 12: value of this. This is something that we hear about

1041
00:48:12,680 --> 00:48:15,400
Speaker 12: a lot in terms of people thinking it's a no brainness.

1042
00:48:15,440 --> 00:48:16,960
Speaker 12: So to see it to come to fruition, I think

1043
00:48:17,080 --> 00:48:18,440
Speaker 12: is a really exciting step.

1044
00:48:18,800 --> 00:48:21,799
Speaker 2: What's your assessment if you were to be asked of

1045
00:48:21,840 --> 00:48:24,480
Speaker 2: the literacy level of most kids, what would your guests

1046
00:48:24,560 --> 00:48:27,160
Speaker 2: be currently varied?

1047
00:48:27,560 --> 00:48:30,200
Speaker 12: And then when you look at international research, I mean

1048
00:48:30,200 --> 00:48:33,000
Speaker 12: we stack up not too badly, but I think, to

1049
00:48:33,080 --> 00:48:36,319
Speaker 12: my mind it is that variation between students. When we're

1050
00:48:36,440 --> 00:48:39,200
Speaker 12: in schools, working with schools, we see a real wide

1051
00:48:39,320 --> 00:48:42,560
Speaker 12: variety of delivery of financial education. Some schools do a

1052
00:48:42,560 --> 00:48:45,960
Speaker 12: great job deliberance to all students. Some still schools deliver

1053
00:48:46,000 --> 00:48:48,400
Speaker 12: it to a subject of students, maybe common students, and

1054
00:48:48,440 --> 00:48:52,440
Speaker 12: then at other students in other schools it's just lacking totally,

1055
00:48:52,440 --> 00:48:54,920
Speaker 12: which really leads to yea, is.

1056
00:48:54,920 --> 00:48:56,680
Speaker 2: It fair to suggest a lot of it comes from home?

1057
00:48:56,719 --> 00:48:58,399
Speaker 2: In other words, Mum and Dad know what they're doing.

1058
00:48:58,480 --> 00:49:02,560
Speaker 12: You might too, Yeah, I think so, especially if it's

1059
00:49:02,600 --> 00:49:04,800
Speaker 12: not to live it in school, and increasingly so social

1060
00:49:04,880 --> 00:49:08,200
Speaker 12: media influencers as well, which isn't necessarily a good thing.

1061
00:49:08,239 --> 00:49:10,640
Speaker 12: And I think as a result, a lot of our

1062
00:49:10,680 --> 00:49:13,239
Speaker 12: students preparedness for the financial world has really left a

1063
00:49:13,320 --> 00:49:14,160
Speaker 12: chance at the moment.

1064
00:49:14,440 --> 00:49:16,239
Speaker 2: What do you reckon the value of all the things

1065
00:49:16,239 --> 00:49:19,400
Speaker 2: you learn at school? What do you reckon the value

1066
00:49:19,440 --> 00:49:21,759
Speaker 2: of this? If you can enter the world having a

1067
00:49:22,239 --> 00:49:25,200
Speaker 2: basic understanding of what's good, what's not, how it pays, etc.

1068
00:49:25,760 --> 00:49:28,520
Speaker 2: How valuable is that in life.

1069
00:49:29,000 --> 00:49:31,520
Speaker 12: I'm very biased because this is my day and day out,

1070
00:49:31,560 --> 00:49:34,719
Speaker 12: but I think it's massively valuable. I put this right

1071
00:49:34,760 --> 00:49:36,960
Speaker 12: up there to be honest. When you think about the

1072
00:49:37,080 --> 00:49:39,840
Speaker 12: things that students can be assured to interact with and

1073
00:49:40,239 --> 00:49:42,880
Speaker 12: when they leave real well, when they leave school, money

1074
00:49:42,960 --> 00:49:45,560
Speaker 12: is one of the only assured things. Whether you're fortunate

1075
00:49:45,640 --> 00:49:48,080
Speaker 12: enough to have a lot or maybe not so much,

1076
00:49:48,160 --> 00:49:50,040
Speaker 12: you're going to have to interact with money. So being

1077
00:49:50,080 --> 00:49:52,400
Speaker 12: prepared to do so, I think is really important.

1078
00:49:52,560 --> 00:49:54,480
Speaker 2: Yeah, from a subject point of view, what do you

1079
00:49:54,520 --> 00:49:56,520
Speaker 2: reckon it? As science or an art?

1080
00:49:58,360 --> 00:49:59,239
Speaker 12: Sorry it's cut up there.

1081
00:49:59,280 --> 00:50:01,000
Speaker 2: I'm not sure is it a science or an art?

1082
00:50:01,000 --> 00:50:01,440
Speaker 2: You with us?

1083
00:50:02,719 --> 00:50:03,880
Speaker 12: Sorry, there's a bit of a cut out there. I

1084
00:50:03,960 --> 00:50:05,200
Speaker 12: lost that last questions right now?

1085
00:50:05,280 --> 00:50:07,440
Speaker 2: Is it a science or an art? The understanding of finance?

1086
00:50:08,719 --> 00:50:10,759
Speaker 12: I think it's a science. I think when you look

1087
00:50:10,800 --> 00:50:13,359
Speaker 12: at it, most of it is nearly black and white

1088
00:50:13,360 --> 00:50:18,160
Speaker 12: when you understand the definitions and understand how financial concept works.

1089
00:50:18,880 --> 00:50:22,560
Speaker 12: At the end of the day, human emotions do drive

1090
00:50:22,640 --> 00:50:25,680
Speaker 12: a degree of financial behavior though, so I guess from

1091
00:50:25,719 --> 00:50:27,239
Speaker 12: that aspective it it's a little bit of an art.

1092
00:50:27,520 --> 00:50:29,640
Speaker 2: Yeah, i'd extend to see it's this one through ten.

1093
00:50:29,680 --> 00:50:31,680
Speaker 2: I know they do other stuff, you know, eleven, twelve,

1094
00:50:31,719 --> 00:50:33,800
Speaker 2: and thirteen, but I'd have it the whole way through.

1095
00:50:36,160 --> 00:50:36,640
Speaker 8: Yeah. Yeah.

1096
00:50:36,640 --> 00:50:38,160
Speaker 12: My understanding is there is going to be more to

1097
00:50:38,200 --> 00:50:40,720
Speaker 12: come in the senior school, but there's a real focus

1098
00:50:40,760 --> 00:50:45,200
Speaker 12: on years one through ten, given that's when students will

1099
00:50:45,239 --> 00:50:47,600
Speaker 12: be doing social sciences as a compulsory subject.

1100
00:50:47,800 --> 00:50:49,520
Speaker 2: Exactly get them up to speak to start with. All right,

1101
00:50:49,560 --> 00:50:52,160
Speaker 2: So I appreciated Simon Brown, who's the Bank of CEO

1102
00:50:52,360 --> 00:50:55,399
Speaker 2: eighteen minutes away from eight scale your money and people

1103
00:50:55,400 --> 00:50:57,719
Speaker 2: who clearly don't understand money. This is coming alas, So

1104
00:50:57,760 --> 00:51:00,400
Speaker 2: we had a lawyer on the program. What's today Thursday?

1105
00:51:00,440 --> 00:51:03,520
Speaker 2: Probably Tuesday would have been which the reason I mentioned

1106
00:51:03,520 --> 00:51:05,320
Speaker 2: that is that kaying Aura, as far as the government

1107
00:51:05,320 --> 00:51:08,040
Speaker 2: department is concerned, is very very good. I can name

1108
00:51:08,080 --> 00:51:10,080
Speaker 2: your government departments and have done who are useless but

1109
00:51:10,200 --> 00:51:12,440
Speaker 2: going or appear to be really good in our requests

1110
00:51:12,480 --> 00:51:14,960
Speaker 2: for information. So part of the conversation with the lawyer

1111
00:51:15,000 --> 00:51:17,359
Speaker 2: not only were people being booted out in tendencies ending,

1112
00:51:17,400 --> 00:51:19,719
Speaker 2: which this government has got on with as opposed to

1113
00:51:19,760 --> 00:51:22,440
Speaker 2: the last government. Literally, you could be a thug and

1114
00:51:22,600 --> 00:51:24,719
Speaker 2: nothing would ever happen to you. So she mentioned one

1115
00:51:24,719 --> 00:51:27,520
Speaker 2: of the growing issues is rent areas, so we thought, oh, yeah,

1116
00:51:27,560 --> 00:51:30,120
Speaker 2: fair enough, what are the rent areas well for February.

1117
00:51:30,239 --> 00:51:32,319
Speaker 2: The reason I mentioned February is the March numbers are

1118
00:51:32,320 --> 00:51:34,160
Speaker 2: coming out next week and I'll update you at this point,

1119
00:51:34,239 --> 00:51:37,279
Speaker 2: But in February there's twelve point eight million dollars in

1120
00:51:37,280 --> 00:51:39,480
Speaker 2: renter rears. Now, that in and of itself, obviously for

1121
00:51:39,520 --> 00:51:41,000
Speaker 2: you and I is a tremendous amount of money. But

1122
00:51:41,040 --> 00:51:43,000
Speaker 2: when you look at the size of the social housing sector,

1123
00:51:43,000 --> 00:51:46,439
Speaker 2: I wouldn't have thought it's that bad. Even better, it's

1124
00:51:46,520 --> 00:51:49,560
Speaker 2: down from January from sixteenth, so it's gone from sixteen

1125
00:51:49,600 --> 00:51:53,000
Speaker 2: down to twelve. And it was last year in June nineteen,

1126
00:51:53,280 --> 00:51:55,400
Speaker 2: so they're cracking on with it and they're making a

1127
00:51:55,400 --> 00:51:58,640
Speaker 2: big difference. There are two hundred ninety nine tenuts in debt.

1128
00:51:59,280 --> 00:52:03,200
Speaker 2: Of those in debt, eighty percent of that debt is dropping,

1129
00:52:03,640 --> 00:52:07,279
Speaker 2: so they're effective. This is good. Since June seventy people

1130
00:52:07,320 --> 00:52:09,520
Speaker 2: have had their tendency terminator because they haven't paid their

1131
00:52:09,520 --> 00:52:13,200
Speaker 2: rent good average debts seventeen hundred and fifty eight dollars.

1132
00:52:14,480 --> 00:52:16,720
Speaker 2: They set it at whatever's higher out of ten percent

1133
00:52:16,719 --> 00:52:19,840
Speaker 2: of your regular rent or ten dollars or the existing

1134
00:52:19,880 --> 00:52:22,160
Speaker 2: repayment already agreed upon. There is no interest in no

1135
00:52:22,320 --> 00:52:25,600
Speaker 2: penalty on those areas. As I say, the new numbers

1136
00:52:25,600 --> 00:52:28,120
Speaker 2: to come much extent, but I took that to be

1137
00:52:28,200 --> 00:52:30,879
Speaker 2: relatively positive, so that's good. Seventeen to two.

1138
00:52:31,840 --> 00:52:36,239
Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio now

1139
00:52:36,239 --> 00:52:37,120
Speaker 1: ADLT News talks.

1140
00:52:37,120 --> 00:52:40,799
Speaker 2: It'd be Mollie. My twelve year old daughter has used

1141
00:52:40,880 --> 00:52:42,880
Speaker 2: Banker the program in the past couple of years at

1142
00:52:42,920 --> 00:52:44,759
Speaker 2: her primary school and Mowrensville. Kids love it and they

1143
00:52:44,880 --> 00:52:48,440
Speaker 2: learned a lot that's encouraging. No interest, no penalty on areas. Gosh,

1144
00:52:48,480 --> 00:52:50,839
Speaker 2: that's generous of Only IRD approach things the same way.

1145
00:52:50,840 --> 00:52:54,600
Speaker 2: To be fair, Texter, they do occasionally, not all the time,

1146
00:52:54,600 --> 00:52:57,560
Speaker 2: but they do. You don't automatically get penalties from the IRD.

1147
00:52:57,680 --> 00:52:59,400
Speaker 2: They take an open It depends on what sort of

1148
00:52:59,440 --> 00:53:02,800
Speaker 2: attitude to the equation. Mike best you ask Ko and

1149
00:53:02,840 --> 00:53:05,080
Speaker 2: this view Sammy front and center please buckle up and

1150
00:53:05,080 --> 00:53:06,839
Speaker 2: listen on. And we've got some advice. Best you. Ask

1151
00:53:06,960 --> 00:53:09,520
Speaker 2: KO if the debt reduction is a bit negative? This,

1152
00:53:10,040 --> 00:53:11,960
Speaker 2: and I suspect the answer we're going to get, and boyd,

1153
00:53:11,960 --> 00:53:13,640
Speaker 2: we are going to get the answer because the research

1154
00:53:13,680 --> 00:53:16,680
Speaker 2: department is going to be onto this. Ask KO if

1155
00:53:16,680 --> 00:53:19,719
Speaker 2: the debt reduction is due to areas being written off?

1156
00:53:19,960 --> 00:53:22,400
Speaker 2: It's not a bad question. It's not a bad question.

1157
00:53:22,840 --> 00:53:25,640
Speaker 2: Are the areas written off? My suspicion is the answer

1158
00:53:25,680 --> 00:53:27,239
Speaker 2: is going to be it's a fairly low ball number.

1159
00:53:27,320 --> 00:53:30,440
Speaker 2: Now let me bring you to airfares. Steve Biddle, never

1160
00:53:30,480 --> 00:53:32,040
Speaker 2: heard of him, runs a thing called travel Talk, never

1161
00:53:32,120 --> 00:53:34,000
Speaker 2: heard of It doesn't really matter, but just to give

1162
00:53:34,000 --> 00:53:35,959
Speaker 2: you the information if you want to go chase it down.

1163
00:53:36,400 --> 00:53:39,440
Speaker 2: So he does this airfare comparison thing, goes back to

1164
00:53:39,480 --> 00:53:41,640
Speaker 2: were in New Zealand. They're all robber barons. They're ripping

1165
00:53:41,680 --> 00:53:43,440
Speaker 2: us off. The whole thing's a scandal. It cost nine

1166
00:53:43,480 --> 00:53:46,560
Speaker 2: million dollars to fly from Parmersan North to Dunedin. So

1167
00:53:46,640 --> 00:53:49,120
Speaker 2: he does these comparison and twenty twenty five across the

1168
00:53:49,239 --> 00:53:52,319
Speaker 2: fourteen different fair buckets. Now fair buckets are how many

1169
00:53:52,320 --> 00:53:56,000
Speaker 2: seats at different price levels there are available. Prices range

1170
00:53:56,000 --> 00:53:59,000
Speaker 2: from seventy nine dollars to four hundred and thirty. So

1171
00:53:59,080 --> 00:54:02,720
Speaker 2: this is all come to christ In nineteen ninety five,

1172
00:54:03,239 --> 00:54:06,880
Speaker 2: he compares Taroga and Wellington. The cheapest fare was a

1173
00:54:07,000 --> 00:54:10,359
Speaker 2: super thrifty for one hundred and fifty one dollars at

1174
00:54:10,360 --> 00:54:12,000
Speaker 2: the time. Now, what's that in today's money? Was two

1175
00:54:12,080 --> 00:54:15,200
Speaker 2: hundred and forty five dollars. A regular economy fair cost

1176
00:54:15,239 --> 00:54:17,160
Speaker 2: two hundred and fifty dollars. That's four hundred and five

1177
00:54:17,160 --> 00:54:19,960
Speaker 2: dollars in today's money. Now. He makes a very good

1178
00:54:20,000 --> 00:54:22,080
Speaker 2: point if you take into accounty airport charges, which have

1179
00:54:22,200 --> 00:54:26,040
Speaker 2: changed dramatically on any given seat, twenty to twenty five

1180
00:54:26,080 --> 00:54:28,880
Speaker 2: dollars is a typical flight cost for Texas. GST is

1181
00:54:28,920 --> 00:54:30,520
Speaker 2: now fifteen percent. It used to be twelve and a

1182
00:54:30,560 --> 00:54:33,600
Speaker 2: half percent back in nineteen ninety five. So he goes

1183
00:54:33,680 --> 00:54:36,399
Speaker 2: back to nineteen ninety five. June of nineteen ninety five,

1184
00:54:37,080 --> 00:54:41,080
Speaker 2: eight of the fourteen fair buckets are actually cheaper in

1185
00:54:41,160 --> 00:54:44,719
Speaker 2: twenty twenty five, fifty to sixty percent of all seats

1186
00:54:44,760 --> 00:54:46,840
Speaker 2: sold on each flight, So, in other words, the bulk

1187
00:54:47,000 --> 00:54:51,200
Speaker 2: of seats sold on eight of fourteen. Flights are cheaper

1188
00:54:51,239 --> 00:54:54,200
Speaker 2: now when you do the old calculation with inflation than

1189
00:54:54,239 --> 00:54:57,440
Speaker 2: they used to be. I remember the very first Tripever

1190
00:54:57,440 --> 00:54:59,759
Speaker 2: took to Australia was when I was twelve years old,

1191
00:55:00,080 --> 00:55:04,600
Speaker 2: So you're going back twenty twenty five years now as

1192
00:55:04,640 --> 00:55:06,960
Speaker 2: long as that could be as long as that, and

1193
00:55:07,040 --> 00:55:11,800
Speaker 2: it was seven hundred and something Australian dollars seven hundred

1194
00:55:11,840 --> 00:55:15,080
Speaker 2: and something Australian dollars, So this is the seventies, whereas

1195
00:55:15,080 --> 00:55:18,160
Speaker 2: you can do the same thing now, let's be honest

1196
00:55:18,200 --> 00:55:22,239
Speaker 2: forty ish years later, or if not less so. As

1197
00:55:22,280 --> 00:55:24,600
Speaker 2: much as we feel aggrieved about the price of flying,

1198
00:55:24,640 --> 00:55:28,719
Speaker 2: the price of flying overall has become exponentially cheaper. It

1199
00:55:28,840 --> 00:55:33,279
Speaker 2: is extraordinarily cheap comparatively speaking, to fly these days. And

1200
00:55:33,320 --> 00:55:35,560
Speaker 2: I think Steve's numbers back there are turn Away.

1201
00:55:35,360 --> 00:55:39,440
Speaker 1: From eight the Mike Hosking Breakfast with a Vida Retirement

1202
00:55:39,440 --> 00:55:41,520
Speaker 1: Communities News togs Head ben.

1203
00:55:41,200 --> 00:55:43,600
Speaker 2: Away from New Zealand. Rugby have solved their innios problem,

1204
00:55:43,640 --> 00:55:45,960
Speaker 2: or at least part of it. Toyota, we hear this morning,

1205
00:55:46,040 --> 00:55:47,960
Speaker 2: are taking the naming rights to the training kit. The

1206
00:55:48,000 --> 00:55:50,640
Speaker 2: former Rugby CEO David Moffatt's back with it's vid morning

1207
00:55:50,640 --> 00:55:50,880
Speaker 2: to you.

1208
00:55:51,640 --> 00:55:53,359
Speaker 11: Good Mordan, How are you very well?

1209
00:55:53,360 --> 00:55:55,359
Speaker 2: What does that actually mean? The training kit? Is that

1210
00:55:55,400 --> 00:55:56,960
Speaker 2: the regular kit, all the kits, some of the kit

1211
00:55:57,080 --> 00:55:57,920
Speaker 2: or just the training kit.

1212
00:55:58,680 --> 00:56:01,279
Speaker 11: Well, by the sound of it, it's it's the training kit.

1213
00:56:01,480 --> 00:56:04,920
Speaker 11: So that's you know, when your blacks are in camp,

1214
00:56:05,000 --> 00:56:08,000
Speaker 11: they spend a lot of time training obviously, and that's

1215
00:56:08,040 --> 00:56:11,520
Speaker 11: where they'll get their their exposure.

1216
00:56:12,560 --> 00:56:12,759
Speaker 12: Yeah.

1217
00:56:12,760 --> 00:56:14,879
Speaker 11: No, I think it's I think it's good news. I mean,

1218
00:56:15,239 --> 00:56:20,319
Speaker 11: I'm I'm really positive about it. I'd like to know

1219
00:56:20,360 --> 00:56:23,120
Speaker 11: what percentage is cash and what percentage is in kind

1220
00:56:23,200 --> 00:56:26,200
Speaker 11: because obviously New Zealand rugby needs as much cash as

1221
00:56:26,239 --> 00:56:29,600
Speaker 11: they can get. But yeah, very similar to the Ford

1222
00:56:29,640 --> 00:56:32,640
Speaker 11: deal that we did back in nineteen ninety five, really indeed.

1223
00:56:32,680 --> 00:56:35,360
Speaker 2: So yeah, well that's interesting because this is supposed to

1224
00:56:35,440 --> 00:56:38,480
Speaker 2: the toyet is supposed to place forward and enios, I

1225
00:56:38,520 --> 00:56:40,600
Speaker 2: can't see it comes even close. Have they still got

1226
00:56:40,600 --> 00:56:41,480
Speaker 2: some money worries?

1227
00:56:42,960 --> 00:56:45,520
Speaker 11: Well, I think they've always got money worries at the moment,

1228
00:56:45,640 --> 00:56:49,200
Speaker 11: Like every other rugby union in the world, you know,

1229
00:56:49,360 --> 00:56:53,200
Speaker 11: cash is king and it's never been more important than

1230
00:56:53,200 --> 00:56:55,600
Speaker 11: it is now in the game. Right around the world

1231
00:56:55,600 --> 00:56:58,719
Speaker 11: to be perfectly honest with you. But yeah, I mean, look,

1232
00:56:59,440 --> 00:57:03,120
Speaker 11: small steps and steps in the right direction. But Mike,

1233
00:57:03,239 --> 00:57:05,520
Speaker 11: I don't think that's the best news that they've had recently.

1234
00:57:05,560 --> 00:57:08,759
Speaker 11: The best news is the announcement by the NRL that

1235
00:57:08,800 --> 00:57:13,040
Speaker 11: they're not going to even think about another twentieth team

1236
00:57:13,239 --> 00:57:16,720
Speaker 11: until twenty thirty two, and a lot of what's been

1237
00:57:16,760 --> 00:57:19,240
Speaker 11: said seems to me that they're going to be actually

1238
00:57:19,280 --> 00:57:24,160
Speaker 11: putting something in the western corridor of Brisbane. Yes, so

1239
00:57:24,520 --> 00:57:27,080
Speaker 11: no team here for the South Island and no additional

1240
00:57:27,080 --> 00:57:28,680
Speaker 11: team for New Zealand, so it think.

1241
00:57:28,600 --> 00:57:32,200
Speaker 2: It doesn't drain the competition. The Innos thing was interesting

1242
00:57:32,200 --> 00:57:33,919
Speaker 2: to me because in the OS is not a name

1243
00:57:33,920 --> 00:57:36,960
Speaker 2: that I mean, Toyota, although they're Japanese. Are you equate

1244
00:57:37,200 --> 00:57:38,680
Speaker 2: with being a local company? I mean a lot of

1245
00:57:38,680 --> 00:57:40,720
Speaker 2: people drive Toyota, so I get that part. Is that

1246
00:57:40,800 --> 00:57:43,880
Speaker 2: a better deal than someone you go, well, who the

1247
00:57:43,880 --> 00:57:46,480
Speaker 2: hell is in the OS and they bug it off? Anyway?

1248
00:57:47,520 --> 00:57:51,120
Speaker 11: Yeah, it is absolutely. Toyota is a well brand, very

1249
00:57:51,120 --> 00:57:55,360
Speaker 11: well known, loved here in New Zealand. Many people drive

1250
00:57:55,520 --> 00:57:59,640
Speaker 11: Toyota's We've got one and yeah, I look, I think

1251
00:57:59,640 --> 00:58:04,240
Speaker 11: it's very positive. Not quite sure about what mix, you know,

1252
00:58:04,320 --> 00:58:06,760
Speaker 11: what they've actually got the rights to, and then what

1253
00:58:06,880 --> 00:58:08,880
Speaker 11: other rights that any else had that they might be

1254
00:58:08,920 --> 00:58:12,520
Speaker 11: able to sell as well. Yeah, but I just think

1255
00:58:13,240 --> 00:58:16,760
Speaker 11: it's a bit of good news and good honor.

1256
00:58:16,640 --> 00:58:18,400
Speaker 2: Good stuff. David, nice to talk to you appreciate it

1257
00:58:18,440 --> 00:58:21,520
Speaker 2: very much, David Moffatt Foreman using on Rugby ceo BO

1258
00:58:21,600 --> 00:58:24,760
Speaker 2: do you'll be driving a land Cruiser? Can I just

1259
00:58:24,800 --> 00:58:28,800
Speaker 2: say it's just a personal opinion. They butchered that design wise,

1260
00:58:29,280 --> 00:58:32,919
Speaker 2: the new land Cruiser absolutely butchered. I don't know who's

1261
00:58:32,960 --> 00:58:35,280
Speaker 2: responsible for it. I don't know what they thought they

1262
00:58:35,280 --> 00:58:39,480
Speaker 2: were doing at the time, but what they've produced is visually,

1263
00:58:40,240 --> 00:58:45,720
Speaker 2: to my eye, unacceptable. Mike, what are you thinking? Read

1264
00:58:45,840 --> 00:58:49,320
Speaker 2: if one this weekend Liam slowly improving, Yes points this

1265
00:58:49,360 --> 00:58:53,120
Speaker 2: week in they're racing around the car park at the

1266
00:58:53,160 --> 00:58:56,560
Speaker 2: Miami Dolphin Stadium. It's the worst of the tracks. Want

1267
00:58:56,560 --> 00:58:58,200
Speaker 2: to say track, It's not even a track, it's a

1268
00:58:58,240 --> 00:59:00,680
Speaker 2: car park. They're racing around the car park, literally the

1269
00:59:00,680 --> 00:59:04,040
Speaker 2: car park. What time is it all, Well, it's American time.

1270
00:59:04,080 --> 00:59:06,480
Speaker 2: He's coach time at eight as an hour, so the

1271
00:59:06,560 --> 00:59:09,800
Speaker 2: race will be at about six o'clockish on Monday morning.

1272
00:59:09,840 --> 00:59:12,960
Speaker 2: So you've got practice and qualifying over the weekend on

1273
00:59:12,960 --> 00:59:15,040
Speaker 2: Saturday and Sunday in the early morning, you know, six,

1274
00:59:15,120 --> 00:59:18,880
Speaker 2: seven o'clock in the morning something. No, that's a yeah,

1275
00:59:18,920 --> 00:59:21,400
Speaker 2: eight am, so it'll be is it four in the

1276
00:59:21,440 --> 00:59:24,040
Speaker 2: afternoon Miami? Maybe let the heat of the day go down.

1277
00:59:24,120 --> 00:59:26,120
Speaker 2: Is that what they're doing? So eight am?

1278
00:59:26,160 --> 00:59:29,160
Speaker 18: That's remember last year Mark Anthony saying the national anthemy.

1279
00:59:29,240 --> 00:59:31,440
Speaker 2: I remember, who can forget it? I mean, come on,

1280
00:59:31,480 --> 00:59:34,400
Speaker 2: it's Mark Anthony for goodness sake. So your points, it's

1281
00:59:34,440 --> 00:59:37,440
Speaker 2: always possible. The racing balls in the middle of the

1282
00:59:37,480 --> 00:59:40,320
Speaker 2: field there are hedges is a big problem. You said

1283
00:59:40,360 --> 00:59:42,160
Speaker 2: the other day. He is feeling more comfortable than the car,

1284
00:59:42,200 --> 00:59:43,880
Speaker 2: so that's encouraging. He's had a week off, he's been

1285
00:59:43,880 --> 00:59:48,520
Speaker 2: at Kachella. I'm personally, once again, more Toyota advice. If

1286
00:59:48,560 --> 00:59:50,360
Speaker 2: I was Liam, I wouldn't be hanging out at Coachella.

1287
00:59:50,800 --> 00:59:53,560
Speaker 2: I'd be keeping my head down, my bum up. I'd

1288
00:59:53,600 --> 00:59:56,360
Speaker 2: be on a simulator. I'd score some points, I'd get

1289
00:59:56,360 --> 01:00:00,240
Speaker 2: some places. Then I'd go to Coachella. I I mus

1290
01:00:00,240 --> 01:00:02,240
Speaker 2: shy out for seventeen years and I haven't been to Caicella.

1291
01:00:02,360 --> 01:00:04,960
Speaker 2: I'm still working hard to see what I'm saying us

1292
01:00:05,040 --> 01:00:06,640
Speaker 2: for you. Then we'll go in more motor racing at

1293
01:00:06,720 --> 01:00:08,680
Speaker 2: est A couple of moments with William Skits.

1294
01:00:09,120 --> 01:00:14,280
Speaker 1: Cool the mic cards, games, insightful, engaging and dal the

1295
01:00:14,480 --> 01:00:18,280
Speaker 1: mic Hosking, Breakfast with the range Rover, the la designed

1296
01:00:18,480 --> 01:00:20,240
Speaker 1: to intrigue and use togs d B.

1297
01:00:22,920 --> 01:00:25,600
Speaker 2: Seven passed. Take great story for you from behind the

1298
01:00:25,640 --> 01:00:28,320
Speaker 2: scenes of trying to crack it as a professional motorsport driver.

1299
01:00:28,400 --> 01:00:31,320
Speaker 2: Nineteen year old Kiwi Liam Skeets trying to make his

1300
01:00:31,400 --> 01:00:33,960
Speaker 2: dream come true. He's only to be an indie car driver.

1301
01:00:34,040 --> 01:00:37,560
Speaker 2: He's currently competing in Indy Next with HMD Motorsports. He

1302
01:00:37,600 --> 01:00:41,120
Speaker 2: needs to raise one point two million I'll repeat that,

1303
01:00:41,480 --> 01:00:43,840
Speaker 2: one point two million US to be able to compete

1304
01:00:43,880 --> 01:00:45,800
Speaker 2: in all twelve rounds of the season. He's currently got

1305
01:00:45,800 --> 01:00:48,800
Speaker 2: a three deal event or a three event deal. Needs

1306
01:00:48,840 --> 01:00:51,600
Speaker 2: to secure more funding and sponsors, which obviously becomes easier

1307
01:00:51,640 --> 01:00:53,720
Speaker 2: the better he does. Anyway, let's get the catch up here.

1308
01:00:53,720 --> 01:00:56,440
Speaker 2: Liam Skeets is with us from Indianapolis. Morning to you,

1309
01:00:56,760 --> 01:00:57,440
Speaker 2: Good morning, Mike.

1310
01:00:57,480 --> 01:00:58,360
Speaker 3: Are you doing very well?

1311
01:00:58,360 --> 01:01:00,440
Speaker 2: Indeed, just bring us up to speed on where you're

1312
01:01:00,480 --> 01:01:03,520
Speaker 2: at in this wonderful life of yours. Saint Petersburg looked good,

1313
01:01:03,520 --> 01:01:06,360
Speaker 2: didn't end up particularly well. So that's race one so far.

1314
01:01:06,440 --> 01:01:08,800
Speaker 2: You've got a couple of events coming up. Have I

1315
01:01:08,840 --> 01:01:09,840
Speaker 2: got that about right?

1316
01:01:10,320 --> 01:01:10,560
Speaker 3: Yes?

1317
01:01:10,760 --> 01:01:14,360
Speaker 20: Yes, I'm currently in Indianapolis over here in the States

1318
01:01:14,600 --> 01:01:18,880
Speaker 20: and have a race in Alabama this weekend and Indianapolis

1319
01:01:19,000 --> 01:01:24,040
Speaker 20: next weekend for a doubleheader. Florida was not the end result,

1320
01:01:24,120 --> 01:01:27,200
Speaker 20: but very promising signs there, so looking to carry that forward.

1321
01:01:27,120 --> 01:01:29,480
Speaker 2: Indeed, So let's just go through Florida just briefly. You

1322
01:01:29,560 --> 01:01:32,560
Speaker 2: qualified fifth, you ended up eighteenth. When you qualified fifth,

1323
01:01:32,600 --> 01:01:35,160
Speaker 2: you were behind the wheel, you were, you know, following

1324
01:01:35,240 --> 01:01:36,720
Speaker 2: living your dream. Did it feel good?

1325
01:01:37,080 --> 01:01:38,479
Speaker 3: Yes, of course it felt good.

1326
01:01:39,160 --> 01:01:42,520
Speaker 20: Saint Peter's a street circuit, so to have a debut there,

1327
01:01:43,080 --> 01:01:44,880
Speaker 20: you know, it was, to be honest, kind of sort

1328
01:01:44,920 --> 01:01:48,880
Speaker 20: of daunting, but we were fast and I managed.

1329
01:01:48,560 --> 01:01:49,840
Speaker 3: To get to grips with it quickly.

1330
01:01:49,920 --> 01:01:52,800
Speaker 20: And last year on my debut and Formula three, I

1331
01:01:52,880 --> 01:01:54,600
Speaker 20: got on the podium there, so I knew I could

1332
01:01:54,800 --> 01:01:58,160
Speaker 20: could be strong there, and yeah, we showed, we showed

1333
01:01:58,600 --> 01:01:59,520
Speaker 20: our strong pace.

1334
01:01:59,360 --> 01:02:01,120
Speaker 3: And qualifying with third group fifth.

1335
01:02:01,160 --> 01:02:04,240
Speaker 20: Overall, Yeah, it's a shame with what happened happened in

1336
01:02:04,480 --> 01:02:06,800
Speaker 20: the race on the opening lap, but you know that,

1337
01:02:06,840 --> 01:02:09,080
Speaker 20: you see that, you say that all the time in

1338
01:02:09,160 --> 01:02:09,760
Speaker 20: modor sport.

1339
01:02:10,160 --> 01:02:13,200
Speaker 2: What's your assessment of your prospects for this weekend in Alabama.

1340
01:02:13,800 --> 01:02:18,040
Speaker 20: I'm confident, as I said at Saint Petersburg, not only that,

1341
01:02:18,120 --> 01:02:21,320
Speaker 20: through the four tests we've had so far this year

1342
01:02:21,360 --> 01:02:23,880
Speaker 20: and the back end of last year, I've been been fast.

1343
01:02:23,880 --> 01:02:27,200
Speaker 20: I've been in the top six and as a Rockie,

1344
01:02:27,840 --> 01:02:29,760
Speaker 20: one of the leading leading Rockies.

1345
01:02:29,840 --> 01:02:31,280
Speaker 3: So I'm confident.

1346
01:02:31,800 --> 01:02:36,640
Speaker 20: Barber is a high downforce, high risk slash reward track,

1347
01:02:37,160 --> 01:02:40,120
Speaker 20: which makes it obviously tricky, and then the weather also

1348
01:02:40,160 --> 01:02:45,120
Speaker 20: looks a bit undecided. So yeah, I'm really excited to

1349
01:02:45,160 --> 01:02:46,640
Speaker 20: get there and prove what I've got.

1350
01:02:46,800 --> 01:02:49,600
Speaker 2: And then you get to Indianapolis. You've got a double

1351
01:02:49,640 --> 01:02:51,720
Speaker 2: headed there, and this is where your deal sort of

1352
01:02:51,800 --> 01:02:53,280
Speaker 2: runs out. And this is sort of the point of

1353
01:02:53,280 --> 01:02:56,760
Speaker 2: this interview. I guess how much pressure sits on your

1354
01:02:56,800 --> 01:03:00,720
Speaker 2: shoulders knowing there's for now anyway a kind of an endpoint.

1355
01:03:01,600 --> 01:03:04,440
Speaker 20: Yes, it's there's a lot of pressure, but this is

1356
01:03:04,480 --> 01:03:06,480
Speaker 20: not the first time and it won't be the last.

1357
01:03:06,560 --> 01:03:10,800
Speaker 20: I think, well, last year my season race was raced

1358
01:03:10,800 --> 01:03:13,360
Speaker 20: by Race and turned up to the to the racetrack

1359
01:03:13,400 --> 01:03:16,280
Speaker 20: after flying over from New Zealand, thinking it might be

1360
01:03:16,320 --> 01:03:19,360
Speaker 20: my last time here, my last crack edit. So every

1361
01:03:19,360 --> 01:03:23,440
Speaker 20: weekend for me is make or break and I realized this,

1362
01:03:23,480 --> 01:03:25,080
Speaker 20: and I realized that I just need to jump on

1363
01:03:25,160 --> 01:03:27,800
Speaker 20: the car and do the best I possibly can and

1364
01:03:27,920 --> 01:03:31,720
Speaker 20: bring results, really and perform in order to grant that

1365
01:03:31,760 --> 01:03:32,480
Speaker 20: further support.

1366
01:03:33,280 --> 01:03:36,920
Speaker 2: Is it that simple? If you do well, money will follow.

1367
01:03:37,480 --> 01:03:38,960
Speaker 3: It's not. It's certainly not.

1368
01:03:40,360 --> 01:03:42,680
Speaker 20: I wish it definitely does help when you're when you're

1369
01:03:42,680 --> 01:03:46,439
Speaker 20: a winner, support comes to you more easily. But yeah,

1370
01:03:46,520 --> 01:03:52,800
Speaker 20: for me, largely it comes from hustling and doing the groundwork,

1371
01:03:53,240 --> 01:03:55,840
Speaker 20: which I've been doing over in New Zealand soil for

1372
01:03:55,840 --> 01:03:57,920
Speaker 20: for the last six months of my New Zealand summer

1373
01:03:58,280 --> 01:04:02,280
Speaker 20: to have a crack Indy next this year on the

1374
01:04:02,280 --> 01:04:06,560
Speaker 20: doorstep of IndyCar by Yeah, doing as much as I can,

1375
01:04:07,600 --> 01:04:10,520
Speaker 20: talking to people and meeting with people to rally more support.

1376
01:04:10,760 --> 01:04:12,600
Speaker 2: Is there goodwill around it? I mean when you talk

1377
01:04:12,640 --> 01:04:14,800
Speaker 2: to people, do they want to help? In general?

1378
01:04:15,320 --> 01:04:15,560
Speaker 8: Yes?

1379
01:04:15,800 --> 01:04:18,880
Speaker 20: Yes, there are so many generous people out there in

1380
01:04:19,080 --> 01:04:22,000
Speaker 20: New Zealand and I have such great support currently behind

1381
01:04:22,000 --> 01:04:26,640
Speaker 20: me and the Tony Quinn Foundation, James Koccatcheck Group, JFC, Omega,

1382
01:04:26,680 --> 01:04:30,160
Speaker 20: Rental Cars, Go Media and so many more. So yeah,

1383
01:04:30,160 --> 01:04:33,600
Speaker 20: these people really want to help and see I guess

1384
01:04:33,600 --> 01:04:37,560
Speaker 20: the kiwi of the next generation to be on the

1385
01:04:37,560 --> 01:04:40,800
Speaker 20: world stage and follow follow the career of Scott Dixon.

1386
01:04:40,880 --> 01:04:43,360
Speaker 20: Really so, I've been very lucky to this point in

1387
01:04:43,400 --> 01:04:43,800
Speaker 20: my career.

1388
01:04:43,960 --> 01:04:46,680
Speaker 2: I suppose, given you've been in it since you're like

1389
01:04:46,760 --> 01:04:49,840
Speaker 2: everybody in carts, you know how the system works. But

1390
01:04:49,880 --> 01:04:52,760
Speaker 2: it is a funny sport, isn't it that in most sports,

1391
01:04:53,240 --> 01:04:57,200
Speaker 2: talent will get you to a place. Motorsport's not like that.

1392
01:04:57,240 --> 01:04:59,360
Speaker 2: Talent will only get you so far and you need

1393
01:04:59,400 --> 01:05:00,800
Speaker 2: help from them on in, don't you.

1394
01:05:02,360 --> 01:05:06,120
Speaker 20: Yeah, motor sport is very different in the sense as

1395
01:05:06,120 --> 01:05:09,080
Speaker 20: you said that it doesn't only require talent and skill,

1396
01:05:09,120 --> 01:05:13,520
Speaker 20: but talent, skill and finance funding behind you. So yeah,

1397
01:05:13,560 --> 01:05:16,640
Speaker 20: brings in a new dynamic where you know you not

1398
01:05:16,680 --> 01:05:18,880
Speaker 20: only have to perform on track, but also off track

1399
01:05:19,400 --> 01:05:23,440
Speaker 20: with raising sponsorship, investment and getting those people behind you

1400
01:05:23,520 --> 01:05:26,800
Speaker 20: so you can continue to fuel your racing. And that's

1401
01:05:26,840 --> 01:05:28,800
Speaker 20: exactly what I what I have to do, coming from

1402
01:05:28,840 --> 01:05:31,280
Speaker 20: little little Old New Zealand listen.

1403
01:05:31,360 --> 01:05:33,960
Speaker 2: Greg Murphy said, I thought something really interesting the other day.

1404
01:05:34,000 --> 01:05:36,360
Speaker 2: He said, with as regards Liam, and if one what

1405
01:05:36,560 --> 01:05:39,800
Speaker 2: what pstre has is Mark Webber. He's got somebody sitting

1406
01:05:39,800 --> 01:05:42,400
Speaker 2: next to him who's got experience, had racecraft, all of

1407
01:05:42,400 --> 01:05:44,000
Speaker 2: those sort of things, and that's to sort of help

1408
01:05:44,080 --> 01:05:47,880
Speaker 2: Liam needs. Do you have around you people who are helping,

1409
01:05:47,960 --> 01:05:49,640
Speaker 2: who can give you the advice you need.

1410
01:05:49,920 --> 01:05:52,480
Speaker 20: Yes, I'm very fortunate to have many people, as I

1411
01:05:52,520 --> 01:05:55,640
Speaker 20: mentioned the partners earlier who have surrounded me. Of course,

1412
01:05:55,720 --> 01:05:59,160
Speaker 20: my family big supporters behind me and my management includes

1413
01:05:59,720 --> 01:06:05,400
Speaker 20: Steve Porn, Mark Pilcher and Shane mcconically and countless other

1414
01:06:05,800 --> 01:06:09,960
Speaker 20: mentors like Greg Murphy himself and Paul radisich Oh and

1415
01:06:10,000 --> 01:06:13,480
Speaker 20: Evan Daniel Gallant who all behind me and really backing

1416
01:06:13,520 --> 01:06:14,200
Speaker 20: me on this journey.

1417
01:06:14,240 --> 01:06:16,120
Speaker 2: Very good to hear. Let's talk more about this fundraising

1418
01:06:16,120 --> 01:06:17,920
Speaker 2: in just a couple of moments. Liam skeets with us

1419
01:06:17,920 --> 01:06:19,960
Speaker 2: out of Indianapolis, their team Past eight.

1420
01:06:20,760 --> 01:06:25,360
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

1421
01:06:25,400 --> 01:06:27,680
Speaker 1: by News Talk Zippy Use.

1422
01:06:27,600 --> 01:06:30,200
Speaker 2: Talks It be fifteen past eight. Liam skeats with this

1423
01:06:30,280 --> 01:06:32,680
Speaker 2: season in Indianapolis at the moment. We've heading to Alabama

1424
01:06:32,720 --> 01:06:34,840
Speaker 2: this weekend. Then got a couple of races the ninth

1425
01:06:34,840 --> 01:06:38,880
Speaker 2: and tenth of May the Indianapolis Ims Road Course, so

1426
01:06:38,960 --> 01:06:40,840
Speaker 2: a double head of there. Anyway, listen to the Liam

1427
01:06:40,880 --> 01:06:43,600
Speaker 2: this cold calling? Is that true? You literally cold call

1428
01:06:43,640 --> 01:06:44,400
Speaker 2: to raise money?

1429
01:06:44,560 --> 01:06:46,000
Speaker 3: Ah? Yes, it is.

1430
01:06:47,760 --> 01:06:49,720
Speaker 20: It's just something I have to do. It's part of

1431
01:06:49,720 --> 01:06:53,680
Speaker 20: the job as a as a racing car driver. Yeah,

1432
01:06:53,720 --> 01:06:55,760
Speaker 20: I mean to be honest with you, Mike. I love

1433
01:06:55,800 --> 01:06:56,520
Speaker 20: the process of it.

1434
01:06:56,600 --> 01:06:56,760
Speaker 8: Now.

1435
01:06:56,800 --> 01:06:59,000
Speaker 20: I've had to learn to love it in order to

1436
01:06:59,080 --> 01:07:01,800
Speaker 20: keep my bomb and to see behind the wheel. I'm

1437
01:07:01,840 --> 01:07:04,520
Speaker 20: not sure if the people on the receiving end always

1438
01:07:04,520 --> 01:07:05,360
Speaker 20: appreciate it and.

1439
01:07:06,920 --> 01:07:07,160
Speaker 8: Love it.

1440
01:07:07,160 --> 01:07:08,880
Speaker 20: But yeah, as I said, I just have to. I

1441
01:07:08,920 --> 01:07:10,880
Speaker 20: have to do it. So yeah, it's kind of a

1442
01:07:10,920 --> 01:07:12,520
Speaker 20: new new passion of mine.

1443
01:07:12,680 --> 01:07:15,080
Speaker 2: How do you sell yourself? You go, Hi, it's Liam.

1444
01:07:15,960 --> 01:07:18,320
Speaker 2: Do you have to explain what you do, how you

1445
01:07:18,360 --> 01:07:20,480
Speaker 2: do it, the importance of it, where it could lead.

1446
01:07:20,520 --> 01:07:21,120
Speaker 2: What do you do?

1447
01:07:21,960 --> 01:07:22,160
Speaker 3: Yeah?

1448
01:07:22,160 --> 01:07:24,880
Speaker 20: I think the selling point I have is, yeah, I

1449
01:07:24,920 --> 01:07:27,280
Speaker 20: want to be that next Kiwi of the next generation

1450
01:07:27,480 --> 01:07:30,479
Speaker 20: to achieve what Scott Dixon has Now He's a prime

1451
01:07:30,520 --> 01:07:33,960
Speaker 20: example of someone who was just a young feller in

1452
01:07:33,960 --> 01:07:37,720
Speaker 20: New Zealand with the talent and the potential to make

1453
01:07:37,760 --> 01:07:42,720
Speaker 20: it big, and through rallying investors and sponsors behind him,

1454
01:07:42,840 --> 01:07:44,400
Speaker 20: he managed to.

1455
01:07:44,320 --> 01:07:45,960
Speaker 3: Go to the US and the rest is history.

1456
01:07:46,000 --> 01:07:48,240
Speaker 20: And now those people behind we are really reaping the benefit,

1457
01:07:48,320 --> 01:07:50,640
Speaker 20: you know, of a journey they were a part of,

1458
01:07:51,080 --> 01:07:53,720
Speaker 20: and of course the payback through the investment scheme. So

1459
01:07:54,080 --> 01:07:56,560
Speaker 20: I mean, I'm just using that as a prime example

1460
01:07:56,600 --> 01:07:59,800
Speaker 20: and trying to find my own people to get behind

1461
01:07:59,840 --> 01:08:02,120
Speaker 20: me and enjoy a journey and be a part of,

1462
01:08:02,520 --> 01:08:05,320
Speaker 20: be a part of something special to be I truly

1463
01:08:05,320 --> 01:08:08,000
Speaker 20: believe that I have what it takes and and can

1464
01:08:08,080 --> 01:08:11,960
Speaker 20: be that that next Kiwi achieving huge success in the

1465
01:08:11,960 --> 01:08:12,520
Speaker 20: world stage.

1466
01:08:12,560 --> 01:08:14,800
Speaker 3: So yeah, that's that's that's the selling.

1467
01:08:14,600 --> 01:08:17,200
Speaker 2: Because of course you mentioned Dixon, there's McLaughlin and Armstrong

1468
01:08:17,240 --> 01:08:19,640
Speaker 2: as well, and does that that that does help? I

1469
01:08:19,720 --> 01:08:23,080
Speaker 2: take it, because I mean, in terms of pound for pound,

1470
01:08:23,200 --> 01:08:25,920
Speaker 2: New Zealand boxes so far above its weight in the

1471
01:08:25,960 --> 01:08:27,120
Speaker 2: sort of area, doesn't it.

1472
01:08:27,560 --> 01:08:32,439
Speaker 20: Yes, it's it's huge having Scott Marcus and and Dixon

1473
01:08:32,479 --> 01:08:35,880
Speaker 20: as well over there paving the way for a young Kiwi,

1474
01:08:36,080 --> 01:08:37,720
Speaker 20: not just me. There are so many of us who

1475
01:08:38,200 --> 01:08:40,400
Speaker 20: you know, look up to those guys, are inspired by

1476
01:08:40,439 --> 01:08:43,200
Speaker 20: them and aspire to be to be in their shoes

1477
01:08:43,280 --> 01:08:46,439
Speaker 20: one day. Yes, Scott as I mentioned as a prime example,

1478
01:08:47,080 --> 01:08:50,000
Speaker 20: uh and point of inspiration for me as he you know,

1479
01:08:50,040 --> 01:08:52,760
Speaker 20: he's doing exactly what I'm having to do, hustle to

1480
01:08:53,040 --> 01:08:56,120
Speaker 20: have the opportunity on track and then prove themselves. So yeah,

1481
01:08:56,240 --> 01:08:58,400
Speaker 20: very lucky to have those guys look up to over here.

1482
01:08:58,720 --> 01:09:01,400
Speaker 2: Is it an incentive for you because you're mixing in

1483
01:09:01,439 --> 01:09:05,320
Speaker 2: a field of extremely wealthy, successful people. So in other words,

1484
01:09:05,320 --> 01:09:08,000
Speaker 2: if you do well, you can have your own plane

1485
01:09:08,160 --> 01:09:11,519
Speaker 2: and houses and all. Does that incentivize you or it's

1486
01:09:11,560 --> 01:09:12,120
Speaker 2: not your thing?

1487
01:09:15,000 --> 01:09:17,400
Speaker 3: No, it doesn't incentivize me.

1488
01:09:18,200 --> 01:09:20,880
Speaker 20: I mean my goal is to just when the Indy

1489
01:09:20,920 --> 01:09:24,400
Speaker 20: five hundred win an Indy car and the long term

1490
01:09:24,400 --> 01:09:25,840
Speaker 20: potentially look at Formula one.

1491
01:09:27,360 --> 01:09:28,360
Speaker 3: Yeah, I'm a.

1492
01:09:28,320 --> 01:09:30,519
Speaker 20: Racing card over That's all I care about is the

1493
01:09:30,600 --> 01:09:34,200
Speaker 20: racing and for the moment, the short term, I'm all

1494
01:09:34,240 --> 01:09:37,040
Speaker 20: focused on getting to Barber, getting to Indy in a

1495
01:09:37,040 --> 01:09:41,120
Speaker 20: couple of weeks time, and doing enough to keep in

1496
01:09:41,160 --> 01:09:42,839
Speaker 20: the car and keep having a crack.

1497
01:09:42,920 --> 01:09:45,120
Speaker 2: And having followed you and look, you know in eighty

1498
01:09:45,120 --> 01:09:47,280
Speaker 2: six is and Formula forwards and you know obviously at

1499
01:09:47,280 --> 01:09:50,200
Speaker 2: the start carts and stuff. What's the step up been

1500
01:09:50,439 --> 01:09:52,120
Speaker 2: like into what you're driving now?

1501
01:09:53,479 --> 01:09:58,280
Speaker 20: Yeah, it's been yeah, many steps along the way. Saturday

1502
01:09:58,280 --> 01:10:00,280
Speaker 20: and go ka to six years old to form miller

1503
01:10:00,360 --> 01:10:02,680
Speaker 20: Ford to the Toyota Racing Series where I managed to

1504
01:10:02,680 --> 01:10:05,960
Speaker 20: win the New Zealand Grand Prix, to racing and Formula

1505
01:10:05,960 --> 01:10:09,600
Speaker 20: three in Japan in America. Yeah, I think the New

1506
01:10:09,720 --> 01:10:13,599
Speaker 20: Zealand Grand Prix was the breakthrough for me, and that

1507
01:10:13,680 --> 01:10:16,680
Speaker 20: has gave me the opportunity last year to step over

1508
01:10:17,040 --> 01:10:19,000
Speaker 20: here to the US and have a crack on the

1509
01:10:19,360 --> 01:10:21,280
Speaker 20: road to IndyCar scene.

1510
01:10:22,160 --> 01:10:24,839
Speaker 3: So yeah, I mean all all of that racing wouldn't

1511
01:10:24,840 --> 01:10:25,200
Speaker 3: have been.

1512
01:10:25,040 --> 01:10:27,920
Speaker 20: Possible without without these people, but pit people behind me.

1513
01:10:28,840 --> 01:10:31,400
Speaker 20: I think I've raised just over a million dollars in

1514
01:10:31,439 --> 01:10:34,439
Speaker 20: sponsorship and investments since twenty twenty two, which was when

1515
01:10:34,439 --> 01:10:36,479
Speaker 20: I hopped out of go karts at fifteen years old.

1516
01:10:36,520 --> 01:10:39,320
Speaker 20: So yeah, a lot has gone into a boat on

1517
01:10:39,439 --> 01:10:40,000
Speaker 20: and off track.

1518
01:10:40,120 --> 01:10:42,559
Speaker 2: That's not bad. Is it true you're sleeping on a couch.

1519
01:10:42,680 --> 01:10:43,799
Speaker 2: That cannot be true.

1520
01:10:44,400 --> 01:10:47,680
Speaker 20: Yes, yes, it is true. I'm sleeping on the couch too.

1521
01:10:47,680 --> 01:10:51,679
Speaker 20: Of Kiwi mates over here. Yeah, I'm as I said,

1522
01:10:51,720 --> 01:10:53,800
Speaker 20: I'm raced by race. I fly in and out of

1523
01:10:53,840 --> 01:10:56,559
Speaker 20: New Zealand for the test last week. I was severely

1524
01:10:56,640 --> 01:10:59,040
Speaker 20: jet ladd because I flew less than flew into America

1525
01:10:59,120 --> 01:11:01,800
Speaker 20: less than twenty four hours before being out on track.

1526
01:11:02,400 --> 01:11:04,240
Speaker 3: But yeah, that's just the reality of my situation.

1527
01:11:04,400 --> 01:11:09,800
Speaker 20: I enjoy, I can find the fun in it. But yes,

1528
01:11:09,880 --> 01:11:12,360
Speaker 20: that is true. I'm I'm sleeping on the couches preparation

1529
01:11:12,439 --> 01:11:13,439
Speaker 20: for barber this weekend.

1530
01:11:13,560 --> 01:11:16,080
Speaker 2: Jeez, that's dedication. We'll go well this weekend in Alabama,

1531
01:11:16,200 --> 01:11:18,000
Speaker 2: also in India in a couple of weeks.

1532
01:11:18,000 --> 01:11:18,160
Speaker 8: Time.

1533
01:11:18,160 --> 01:11:19,080
Speaker 2: Good to catch up with you.

1534
01:11:19,160 --> 01:11:20,080
Speaker 3: Thank you very much, Mike.

1535
01:11:20,200 --> 01:11:22,840
Speaker 2: There we go. Nice guy, isn't he? Lilliams kets Mike.

1536
01:11:22,920 --> 01:11:24,400
Speaker 2: If I got a call from Liam, I do they

1537
01:11:24,439 --> 01:11:26,960
Speaker 2: keep the hustle going? Young men? The country is behind you.

1538
01:11:27,000 --> 01:11:28,800
Speaker 2: Get on your minfe for giving these young drivers like

1539
01:11:28,880 --> 01:11:32,599
Speaker 2: Liam's more exposure. Your platform and audience is perfect. Thank

1540
01:11:32,600 --> 01:11:35,040
Speaker 2: you from an old retired amateur racer. Reminds me of

1541
01:11:35,040 --> 01:11:37,080
Speaker 2: an interview I saw once upon a time. Actually played

1542
01:11:37,080 --> 01:11:39,960
Speaker 2: with Mark Brown. If you remember the name Make Brown

1543
01:11:39,960 --> 01:11:43,240
Speaker 2: and Golf. He was one of those guys who sort

1544
01:11:43,240 --> 01:11:45,240
Speaker 2: of battled on a circuit. At the time I played

1545
01:11:45,240 --> 01:11:48,680
Speaker 2: with him, he was battling across Canada. And the thing

1546
01:11:48,720 --> 01:11:50,280
Speaker 2: about it was, and I'll get back to Michael Candell

1547
01:11:50,280 --> 01:11:51,720
Speaker 2: in the moment, but the thing about Mark Brown is

1548
01:11:51,720 --> 01:11:53,519
Speaker 2: there was about four or five of them and they

1549
01:11:53,560 --> 01:11:56,600
Speaker 2: didn't have enough money. So they pulled their money and

1550
01:11:56,640 --> 01:11:59,080
Speaker 2: they rented a car together and they did the tour

1551
01:11:59,120 --> 01:12:01,840
Speaker 2: from West to Coke, west coast to East coast, staying

1552
01:12:01,840 --> 01:12:03,760
Speaker 2: at the Motel six, and where they couldn't afford the motel,

1553
01:12:03,800 --> 01:12:06,439
Speaker 2: they'd stay in the car. And so the idea was

1554
01:12:06,479 --> 01:12:08,880
Speaker 2: that they'd win enough money to afford the rental car,

1555
01:12:08,960 --> 01:12:11,160
Speaker 2: to afford the Motel six to maybe one day win

1556
01:12:11,280 --> 01:12:13,400
Speaker 2: something to get real money to find real planes to

1557
01:12:13,439 --> 01:12:16,320
Speaker 2: go to real places. And with Michael Campbell won bick.

1558
01:12:16,920 --> 01:12:20,800
Speaker 2: He said the great revelation for him was that the

1559
01:12:20,880 --> 01:12:23,639
Speaker 2: better you get, the easier it becomes, because of course

1560
01:12:23,640 --> 01:12:26,400
Speaker 2: suddenly you're not renting cars, you're flying in planes, and

1561
01:12:26,400 --> 01:12:27,760
Speaker 2: then you're at the front of the plane, and then

1562
01:12:27,800 --> 01:12:29,639
Speaker 2: you got your own plane, and you're not at Motel

1563
01:12:29,720 --> 01:12:31,519
Speaker 2: sixy or at any hotel you like, and then you're

1564
01:12:31,560 --> 01:12:34,920
Speaker 2: at an Airbnb and so it goes. So sleeping on

1565
01:12:34,960 --> 01:12:37,840
Speaker 2: a couch having flown in from New Zealand being jet

1566
01:12:37,920 --> 01:12:41,160
Speaker 2: lagged to then jump in an inde car is quite

1567
01:12:41,160 --> 01:12:42,640
Speaker 2: the thing, isn't it. You got to be determined to

1568
01:12:42,680 --> 01:12:43,920
Speaker 2: succeed eight twenty two.

1569
01:12:44,640 --> 01:12:48,439
Speaker 1: The my Hosking Breakfast with the range Rover Villa News togs.

1570
01:12:48,479 --> 01:12:51,599
Speaker 2: He'd be almost come back to this in just a moment.

1571
01:12:51,640 --> 01:12:53,680
Speaker 2: I need to tell you about this though. If you've

1572
01:12:53,720 --> 01:12:55,639
Speaker 2: heard me talk about the natural range of supplements from

1573
01:12:55,680 --> 01:12:58,599
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1574
01:12:58,600 --> 01:12:59,960
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1575
01:13:00,320 --> 01:13:00,519
Speaker 3: Why?

1576
01:13:00,600 --> 01:13:03,519
Speaker 2: Because About Health have just launched their special Mayhem offer.

1577
01:13:04,439 --> 01:13:06,759
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1578
01:13:06,800 --> 01:13:10,519
Speaker 2: percent site wide, fifteen percent site wide with the code

1579
01:13:10,560 --> 01:13:12,920
Speaker 2: Breakfast fifteen. Right, Breakfast fifteen. That's what you've got to remember,

1580
01:13:12,960 --> 01:13:15,679
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1581
01:13:15,680 --> 01:13:18,800
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1582
01:13:18,840 --> 01:13:20,360
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1583
01:13:20,479 --> 01:13:23,720
Speaker 2: value bundles like the Ultimate Healthy Aging Pack, get into that.

1584
01:13:24,200 --> 01:13:25,400
Speaker 2: You don't want to settle for the less when it

1585
01:13:25,400 --> 01:13:27,559
Speaker 2: comes to get supplements and certainly don't want to compromise

1586
01:13:27,600 --> 01:13:30,400
Speaker 2: on your health. So About Health pride themselves on quality

1587
01:13:30,439 --> 01:13:33,759
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1588
01:13:33,760 --> 01:13:36,880
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1589
01:13:36,880 --> 01:13:39,160
Speaker 2: proudly made right here in the country. Read the label.

1590
01:13:39,200 --> 01:13:42,320
Speaker 2: Take only as directed. But I eight hundred triple nine

1591
01:13:42,360 --> 01:13:44,400
Speaker 2: three are nine I eight hundred triple line three nine

1592
01:13:44,439 --> 01:13:46,720
Speaker 2: online at about health dot co dot m said use

1593
01:13:46,760 --> 01:13:51,400
Speaker 2: the code breakfast fifteen and get fifteen percent off, asking

1594
01:13:51,640 --> 01:13:56,160
Speaker 2: ah the boss, God bless them. So my water, I'm shortitch.

1595
01:13:56,200 --> 01:13:59,080
Speaker 2: He's gone down to the supermarket. He's left the building

1596
01:13:59,240 --> 01:14:01,479
Speaker 2: in what can only well, it's what the Herald would

1597
01:14:01,520 --> 01:14:04,080
Speaker 2: describe as meteorologically the end of the world, because I'm

1598
01:14:04,120 --> 01:14:06,880
Speaker 2: sure there's sixteen or eighteen weather alerts at the moment.

1599
01:14:07,160 --> 01:14:09,559
Speaker 2: So he's gone out into the storm this morning. He's

1600
01:14:09,600 --> 01:14:12,320
Speaker 2: gone up to the supermarket and he's purchased me a

1601
01:14:12,439 --> 01:14:19,759
Speaker 2: day Corps insulated double wall Adventurer stainless steel thermos, twenty

1602
01:14:19,760 --> 01:14:24,040
Speaker 2: four hours of cold, twelve hours of hot, one point

1603
01:14:24,040 --> 01:14:28,120
Speaker 2: two liters forty point five fluid ounces of beautiful boiling water,

1604
01:14:28,560 --> 01:14:31,720
Speaker 2: isn't that good? So I'm good to go. So and

1605
01:14:31,760 --> 01:14:32,960
Speaker 2: it costs four what do you say.

1606
01:14:32,800 --> 01:14:37,200
Speaker 16: It cost forty one dollars ninety nine? I think it's

1607
01:14:38,560 --> 01:14:40,280
Speaker 16: it's is it overstate to get to say that he

1608
01:14:40,360 --> 01:14:43,479
Speaker 16: bought it for you because it's Oh, it's the studio

1609
01:14:43,560 --> 01:14:44,400
Speaker 16: tet that's not working.

1610
01:14:44,439 --> 01:14:45,160
Speaker 18: Isn't it just for this?

1611
01:14:45,640 --> 01:14:45,680
Speaker 6: No?

1612
01:14:45,880 --> 01:14:48,720
Speaker 2: No, he's mine, No, no, firmis is mine. I'm going

1613
01:14:48,760 --> 01:14:51,120
Speaker 2: to write Mike on it. Mike, I'm gonna.

1614
01:14:50,920 --> 01:14:53,360
Speaker 18: Say my amory to print a label like the one

1615
01:14:53,360 --> 01:14:54,000
Speaker 18: that I at.

1616
01:14:54,120 --> 01:14:57,920
Speaker 2: It says mikes do not touch news for you. In

1617
01:14:57,960 --> 01:15:00,200
Speaker 2: a couple of moments, it is election day tomorrow, local

1618
01:15:00,200 --> 01:15:03,040
Speaker 2: body election day in anders A by election. Rod Little

1619
01:15:03,040 --> 01:15:04,760
Speaker 2: with the details shortly.

1620
01:15:06,960 --> 01:15:11,599
Speaker 1: News, opinion, and everything in between, the mic hosting Breakfast

1621
01:15:11,800 --> 01:15:16,000
Speaker 1: with Bailey's real Estate, your local experts across residential, commercial

1622
01:15:16,080 --> 01:15:17,600
Speaker 1: and rural news togs dead be.

1623
01:15:18,120 --> 01:15:19,920
Speaker 2: Hey, Mike, if you changed your mind about living in

1624
01:15:20,000 --> 01:15:23,559
Speaker 2: seln come on, harden up. You've been hanging out with

1625
01:15:23,600 --> 01:15:26,479
Speaker 2: a hero too long. Whether alert, whether alert? Whether alert?

1626
01:15:26,479 --> 01:15:28,400
Speaker 2: A little bit of surface flooding in the Selwyn district

1627
01:15:28,439 --> 01:15:31,799
Speaker 2: ain't going to do anything, Mike. Liam Lawson correction Liam

1628
01:15:31,880 --> 01:15:34,919
Speaker 2: was at Stagecoach, which is the same venue as Coachella,

1629
01:15:35,400 --> 01:15:38,000
Speaker 2: but it's country. It's a very good point you make.

1630
01:15:38,160 --> 01:15:40,200
Speaker 2: My wife had already alerted to me to that, and

1631
01:15:40,240 --> 01:15:41,760
Speaker 2: I was going to get around to the apologizes.

1632
01:15:41,840 --> 01:15:46,080
Speaker 16: So this is another person and woman, Yeah, you got

1633
01:15:46,080 --> 01:15:46,759
Speaker 16: it wrong again.

1634
01:15:46,840 --> 01:15:47,760
Speaker 2: I got it wrong again.

1635
01:15:47,880 --> 01:15:49,719
Speaker 18: You've just spent all week giving out fail.

1636
01:15:50,000 --> 01:15:52,000
Speaker 2: No, no, no, that no. The good news is, Glenn,

1637
01:15:52,080 --> 01:15:55,280
Speaker 2: it's it's only two mistakes so far, and it's Thursday,

1638
01:15:55,400 --> 01:15:57,120
Speaker 2: so we're coming to the end. If it was Monday,

1639
01:15:57,160 --> 01:15:59,880
Speaker 2: i'd be going I'm losing it. But by Thursday I'm allowed.

1640
01:15:59,920 --> 01:16:00,280
Speaker 3: You know.

1641
01:16:00,680 --> 01:16:03,160
Speaker 16: I was listening to a podcast yesterday and a bloke

1642
01:16:03,240 --> 01:16:04,280
Speaker 16: called them per Simmons.

1643
01:16:05,240 --> 01:16:07,400
Speaker 2: It's a debate, and funnily enough, you should say that.

1644
01:16:07,720 --> 01:16:09,760
Speaker 2: I was going to raise it in the interview, but

1645
01:16:09,800 --> 01:16:13,320
Speaker 2: I didn't have time. They said from the persimmon industry

1646
01:16:13,920 --> 01:16:16,720
Speaker 2: that they don't mind which way you go as long

1647
01:16:17,000 --> 01:16:19,479
Speaker 2: by them, as long as you buy them. By the way,

1648
01:16:19,520 --> 01:16:22,519
Speaker 2: my wife had already pointed out the Stagecoach Kitchella situation.

1649
01:16:22,920 --> 01:16:25,599
Speaker 2: She called me a boomer, So she's called me haggard

1650
01:16:26,040 --> 01:16:28,600
Speaker 2: and a boomer so far this week, which makes me,

1651
01:16:28,720 --> 01:16:32,400
Speaker 2: I guess a haggard boomer twenty two minutes away from.

1652
01:16:32,360 --> 01:16:36,519
Speaker 14: Nine international correspondence with ends in eye insurance, peace of

1653
01:16:36,520 --> 01:16:37,800
Speaker 14: mind for New Zealand business.

1654
01:16:37,880 --> 01:16:40,360
Speaker 2: Yeah, but we go twenty two minutes away from Unrodins

1655
01:16:40,360 --> 01:16:43,400
Speaker 2: with us morning mate, good morning chee, and make local elections.

1656
01:16:43,439 --> 01:16:46,160
Speaker 2: I'm fascinated by these things, especially given what's been happening

1657
01:16:46,200 --> 01:16:47,680
Speaker 2: in the polls. In fact, twenty four hours ago on

1658
01:16:47,720 --> 01:16:49,599
Speaker 2: the show, I gave a poll out saying reform yet

1659
01:16:49,680 --> 01:16:54,839
Speaker 2: again continues to surge. Will that translate into mayoralties and seats?

1660
01:16:55,600 --> 01:17:00,160
Speaker 19: I think in terms of seats, yes, I think by

1661
01:17:00,200 --> 01:17:05,640
Speaker 19: election we have tomorrow. Yes, in terms of mayoralities I

1662
01:17:05,720 --> 01:17:12,240
Speaker 19: can't pronounce that word. Mide possibly, but probably not. The

1663
01:17:12,280 --> 01:17:14,200
Speaker 19: way things are looking at the moment, it's going to

1664
01:17:14,240 --> 01:17:17,160
Speaker 19: be a bad night for the Tories, who are coming

1665
01:17:17,160 --> 01:17:20,439
Speaker 19: third in the polls at the moment and people can't

1666
01:17:20,479 --> 01:17:22,679
Speaker 19: see a reasoners to white to vote for them. We've

1667
01:17:22,720 --> 01:17:25,800
Speaker 19: got twenty three councils, six mayoralities. Hey, I did it

1668
01:17:25,800 --> 01:17:30,360
Speaker 19: all right, then up for grabs, and it seems to

1669
01:17:30,400 --> 01:17:34,000
Speaker 19: me the Labor has more seats at the moment than

1670
01:17:34,479 --> 01:17:38,439
Speaker 19: the Tories do in these councils. I can see the

1671
01:17:38,479 --> 01:17:43,479
Speaker 19: Tories losing seats to reform, but I think the real

1672
01:17:43,760 --> 01:17:47,800
Speaker 19: story here is how many labor seats are lost to reform,

1673
01:17:48,080 --> 01:17:51,320
Speaker 19: and I can see it happening in capital letters in

1674
01:17:51,360 --> 01:17:55,120
Speaker 19: the Ron carn dielection, which I think labor will lose

1675
01:17:55,600 --> 01:17:59,080
Speaker 19: to reform, despite the fact that labor, while it was

1676
01:17:59,240 --> 01:18:02,840
Speaker 19: fifty two percent of the vote last time, twenty two

1677
01:18:03,479 --> 01:18:06,559
Speaker 19: three hundred and fifty eight votes for Mike Gamsbury who

1678
01:18:06,640 --> 01:18:09,000
Speaker 19: was later found to have kicked someone's head in outside

1679
01:18:09,000 --> 01:18:13,400
Speaker 19: a pub and therefore have to resign, only seven thousand

1680
01:18:13,400 --> 01:18:17,959
Speaker 19: and six hundred odd for reform, So a massive, massive difference,

1681
01:18:18,479 --> 01:18:21,400
Speaker 19: and yet it looks as if reform are going to

1682
01:18:21,479 --> 01:18:25,679
Speaker 19: take it. And that's where I think the problem lies

1683
01:18:25,720 --> 01:18:28,799
Speaker 19: for the government more in a way than the Tories,

1684
01:18:28,800 --> 01:18:31,240
Speaker 19: who are just seen at the moment. Frankly, is a

1685
01:18:31,360 --> 01:18:35,280
Speaker 19: kind of irrelevance that you know in those red wall seats,

1686
01:18:35,280 --> 01:18:37,519
Speaker 19: and one call is kind of on the edge of

1687
01:18:37,520 --> 01:18:39,599
Speaker 19: the red wall seats, though it's also a mid middle

1688
01:18:39,640 --> 01:18:46,000
Speaker 19: class where labor is genuinely threatened by a great upset

1689
01:18:46,080 --> 01:18:49,720
Speaker 19: in reforms votes, and reformers never done terribly well in

1690
01:18:49,800 --> 01:18:52,800
Speaker 19: council elections before which so this will be a real test.

1691
01:18:52,920 --> 01:18:55,360
Speaker 2: Yeah, it's interesting. How much can we lay down at

1692
01:18:55,400 --> 01:18:58,840
Speaker 2: the by elections team to go against zebra and charge

1693
01:18:58,840 --> 01:19:00,320
Speaker 2: on the day and we want to send some sort

1694
01:19:00,320 --> 01:19:02,439
Speaker 2: of strange message that may or may not rely in

1695
01:19:02,439 --> 01:19:05,920
Speaker 2: the stimulfation next time we go to the general Well.

1696
01:19:05,680 --> 01:19:10,960
Speaker 19: Except they don't always. The usual trend over here is

1697
01:19:11,000 --> 01:19:13,879
Speaker 19: for by elections in the first six to eight months,

1698
01:19:13,880 --> 01:19:17,519
Speaker 19: even to the hear of a new government, the government

1699
01:19:17,600 --> 01:19:19,840
Speaker 19: tends to have a wind behind it and tends to

1700
01:19:19,880 --> 01:19:23,000
Speaker 19: take seats. It's only when that government's been in power

1701
01:19:23,040 --> 01:19:25,840
Speaker 19: for two or three years that you suddenly see, you know,

1702
01:19:25,880 --> 01:19:28,800
Speaker 19: the Lib DEM's Reform, Green and so on eating into

1703
01:19:28,840 --> 01:19:33,400
Speaker 19: the votes. So really, at this stage, Labor only, you know,

1704
01:19:34,160 --> 01:19:40,080
Speaker 19: nine months into its rain, should be gaining seats rather

1705
01:19:40,120 --> 01:19:43,720
Speaker 19: than losing them. But my suspicion is, yeah, it'll gain

1706
01:19:43,760 --> 01:19:46,080
Speaker 19: a few at the Tories expense, but it will lose

1707
01:19:46,160 --> 01:19:51,320
Speaker 19: more to reform reform. I've have trouble though, Mike. They've

1708
01:19:51,360 --> 01:19:54,320
Speaker 19: had trouble with a number of candidates, one of whom

1709
01:19:54,760 --> 01:19:58,320
Speaker 19: was quoted as saying that Hitler would have been a

1710
01:19:58,439 --> 01:20:03,679
Speaker 19: legend if he'd just come concentrated on the Muslims, which

1711
01:20:07,000 --> 01:20:10,840
Speaker 19: just a tat controversial a you know, Mike, there will

1712
01:20:10,880 --> 01:20:15,160
Speaker 19: be I will guarantee that ten nutters will be elected tomorrow,

1713
01:20:15,240 --> 01:20:19,600
Speaker 19: a minimum of ten nutters, which will detract from the

1714
01:20:19,680 --> 01:20:22,920
Speaker 19: overall performance, but are wining the wrong corn by election

1715
01:20:23,600 --> 01:20:26,679
Speaker 19: and a whole crop of seats, you know, a thousand

1716
01:20:26,800 --> 01:20:31,000
Speaker 19: seats or so. That's really bad news for the government

1717
01:20:31,000 --> 01:20:32,080
Speaker 19: particularly it is.

1718
01:20:32,120 --> 01:20:34,040
Speaker 2: What about the Tories though, Does it pile the pressure

1719
01:20:34,080 --> 01:20:36,160
Speaker 2: on the Tories and this ongoing debate that the Tories

1720
01:20:36,160 --> 01:20:38,479
Speaker 2: and the Reform Party need to do some sort of

1721
01:20:38,920 --> 01:20:40,759
Speaker 2: or at least come to some sort of arrangement.

1722
01:20:41,320 --> 01:20:44,960
Speaker 19: Yeah, I think it does though though it's equally the

1723
01:20:45,000 --> 01:20:47,759
Speaker 19: case if we went into if there was an election tomorrow,

1724
01:20:48,600 --> 01:20:52,240
Speaker 19: a general election, it looks as if Reformed within one

1725
01:20:52,320 --> 01:20:54,439
Speaker 19: hundred and eighty seats, the Tour is one hundred and

1726
01:20:54,520 --> 01:20:59,040
Speaker 19: sixty Labor one hundred and sixty between them, So in

1727
01:20:59,080 --> 01:21:03,639
Speaker 19: a way it doesn't matter. You might argue, if you're

1728
01:21:03,680 --> 01:21:07,599
Speaker 19: a Tory, you would say, well, reform in the largest party,

1729
01:21:07,680 --> 01:21:10,240
Speaker 19: but the only people they could possibly make any hay

1730
01:21:10,360 --> 01:21:13,400
Speaker 19: with our ourselves, So you know, we would be a

1731
01:21:13,439 --> 01:21:17,519
Speaker 19: coalition government. I just wonder the way reforms going at

1732
01:21:17,520 --> 01:21:21,640
Speaker 19: the moment. It's tilting to the left, just as have

1733
01:21:22,040 --> 01:21:25,280
Speaker 19: many populist parties in Europe on on issues such as

1734
01:21:25,360 --> 01:21:32,280
Speaker 19: nationalization and minimum wage. That labour's taking more votes from sorry,

1735
01:21:32,320 --> 01:21:35,160
Speaker 19: reformers taking more votes from labor, and would therefore be

1736
01:21:35,280 --> 01:21:38,559
Speaker 19: disinclined to join in a coalition with the Tories.

1737
01:21:38,680 --> 01:21:40,000
Speaker 2: Good to see you, make you have a good weekend.

1738
01:21:40,040 --> 01:21:41,759
Speaker 2: We'll catch up Tuesday. Rot a little out of Britain.

1739
01:21:41,880 --> 01:21:44,080
Speaker 2: Just the other couple of things going on. Rachael Reeves

1740
01:21:44,600 --> 01:21:49,639
Speaker 2: as announced plans a UK Treasury draft rules bringing crypto

1741
01:21:49,720 --> 01:21:52,280
Speaker 2: into the regulatory fold. I wish you the very best

1742
01:21:52,280 --> 01:21:54,960
Speaker 2: of luck with that. Meantime, there's these but I know

1743
01:21:54,960 --> 01:21:57,719
Speaker 2: if you're following the sycamore gap Hadrian's Wall. So these

1744
01:21:57,880 --> 01:22:01,479
Speaker 2: gormless idiots cut down the tree turns out in the

1745
01:22:01,479 --> 01:22:04,160
Speaker 2: court case which is underweight at the moment. One's called Daniel,

1746
01:22:04,200 --> 01:22:07,559
Speaker 2: one's called Adam. The depressing thing about it is Daniel's

1747
01:22:07,600 --> 01:22:11,160
Speaker 2: thirty nine and Adam's thirty two. So you know, if

1748
01:22:11,160 --> 01:22:14,280
Speaker 2: they be if I've been sixteen or seventeen, you would

1749
01:22:14,320 --> 01:22:17,000
Speaker 2: have thought, yep idiots. But at thirty nine and thirty two.

1750
01:22:17,040 --> 01:22:20,080
Speaker 2: There's no hope for them anyway. They did it for fundsies.

1751
01:22:20,120 --> 01:22:25,000
Speaker 2: Apparently just moronic quote unquote from the moronic mission to

1752
01:22:25,040 --> 01:22:28,680
Speaker 2: commit mindless vandalism. I reckon the trial is going to

1753
01:22:29,120 --> 01:22:31,040
Speaker 2: last ten days. They took a wedge of at home

1754
01:22:31,080 --> 01:22:35,000
Speaker 2: as a trophy. It's tragic sixteen too.

1755
01:22:35,880 --> 01:22:40,280
Speaker 1: The Mike Asking Breakfast Fall Show podcast on iHeartRadio powered

1756
01:22:40,360 --> 01:22:41,360
Speaker 1: by News talks.

1757
01:22:41,080 --> 01:22:44,200
Speaker 2: At b thirteen to nine. I'm enjoying my first SIPs

1758
01:22:44,200 --> 01:22:48,200
Speaker 2: of my newly thermist water hot boiling water coming out

1759
01:22:48,200 --> 01:22:51,719
Speaker 2: of my new Daycore thermos. And Edward during the Edward

1760
01:22:51,800 --> 01:22:53,320
Speaker 2: is a person who works at ZIB. I need to

1761
01:22:53,320 --> 01:22:55,760
Speaker 2: introduce all the people I mention names. Edward is a

1762
01:22:56,240 --> 01:22:58,320
Speaker 2: what would he low middal management something like that. He

1763
01:22:58,400 --> 01:23:00,000
Speaker 2: administrative tasks.

1764
01:23:00,080 --> 01:23:01,960
Speaker 18: Certainly good with the labeling machine.

1765
01:23:01,720 --> 01:23:03,879
Speaker 2: Very good. Came and straight in with the labeling machine.

1766
01:23:04,439 --> 01:23:08,200
Speaker 2: Mike's dash, do not touch three exclamation marks on it.

1767
01:23:10,360 --> 01:23:12,599
Speaker 2: His assistant head. Now is that what we're calling him?

1768
01:23:12,680 --> 01:23:13,559
Speaker 2: Assistant head?

1769
01:23:13,760 --> 01:23:16,439
Speaker 18: Well, you can't just call them chief label maker.

1770
01:23:16,760 --> 01:23:19,639
Speaker 2: That's no, that's true anyway. So I was just saying

1771
01:23:19,640 --> 01:23:20,840
Speaker 2: to the boss who went out and got me my

1772
01:23:20,960 --> 01:23:23,559
Speaker 2: day corps thermis that this is my new routine now,

1773
01:23:23,640 --> 01:23:26,200
Speaker 2: so Bo will have my boiling water and here every

1774
01:23:26,280 --> 01:23:27,920
Speaker 2: day because it lasts for twelve hours and I'm only

1775
01:23:27,920 --> 01:23:30,600
Speaker 2: here for three, So that's fantastic. The big thing was

1776
01:23:30,640 --> 01:23:34,120
Speaker 2: and I did it during rod just so it wouldn't

1777
01:23:34,120 --> 01:23:36,400
Speaker 2: be you know, I suppose I could have screamed during

1778
01:23:36,439 --> 01:23:38,000
Speaker 2: the interview live on Near if it had gone wrong.

1779
01:23:38,040 --> 01:23:40,560
Speaker 2: But I did my first paw. And there were some questions,

1780
01:23:40,360 --> 01:23:41,240
Speaker 2: what's the poor?

1781
01:23:41,360 --> 01:23:41,439
Speaker 3: Like?

1782
01:23:41,520 --> 01:23:43,800
Speaker 2: Can I pour with one hand? Do I need to

1783
01:23:43,800 --> 01:23:45,720
Speaker 2: hold the carp? So I held the carp, held the

1784
01:23:45,720 --> 01:23:49,000
Speaker 2: thermis in one hand, poored The paw was brilliant, wasn't it?

1785
01:23:49,040 --> 01:23:51,960
Speaker 18: As people was watching a Japanese tea ceremonium very.

1786
01:23:51,960 --> 01:23:55,040
Speaker 2: Much so wasn't it just it had a ceremonial brilliance

1787
01:23:55,080 --> 01:23:58,080
Speaker 2: to it? I thought so. Mike David Beckham gets a

1788
01:23:58,120 --> 01:24:02,080
Speaker 2: thermos for his birthday. The mate asks, what's this? The

1789
01:24:02,160 --> 01:24:07,559
Speaker 2: firmust flask, says David. What does it do? Asks the mate?

1790
01:24:07,760 --> 01:24:13,400
Speaker 2: It keeps hot things hot and cold. Thing's cold, says Beckham.

1791
01:24:13,680 --> 01:24:17,400
Speaker 2: Mate asks, so what have you got in it? Beckham replies,

1792
01:24:18,200 --> 01:24:24,479
Speaker 2: two cups of tea and a chock ice. I quite

1793
01:24:24,560 --> 01:24:24,800
Speaker 2: like that.

1794
01:24:25,400 --> 01:24:28,800
Speaker 18: By the way, what happens. I was just thinking what

1795
01:24:29,000 --> 01:24:31,920
Speaker 18: ED will do if the labeling machine stops working.

1796
01:24:32,320 --> 01:24:34,439
Speaker 2: These are good questions. We'll have another person in another

1797
01:24:34,479 --> 01:24:36,680
Speaker 2: department that's in charge of that, don't you worry. So

1798
01:24:36,680 --> 01:24:39,080
Speaker 2: I was reading about Starbucks yesterday, the head of Starbucks.

1799
01:24:39,120 --> 01:24:42,559
Speaker 2: There's a new head of Starbucks. This is globally. A

1800
01:24:42,560 --> 01:24:44,400
Speaker 2: lot of people have been texting about the toyotas. I

1801
01:24:44,400 --> 01:24:46,320
Speaker 2: think I gave Toyota a bad enough time earlier on.

1802
01:24:46,320 --> 01:24:48,080
Speaker 2: I didn't want to revisit that, so let me give

1803
01:24:48,160 --> 01:24:51,000
Speaker 2: Starbucks a bad time. So I don't obviously go to

1804
01:24:51,040 --> 01:24:55,040
Speaker 2: Starbucks because they're crap, but I was there once with

1805
01:24:55,080 --> 01:24:58,280
Speaker 2: one of the children. And Starbucks, if you followed, business

1806
01:24:58,320 --> 01:25:00,880
Speaker 2: has not been doing well globally. They do reasonably well

1807
01:25:00,920 --> 01:25:02,280
Speaker 2: in China, but the rest of the world things haven't

1808
01:25:02,280 --> 01:25:04,519
Speaker 2: been going well. They got a new bloke in and

1809
01:25:04,560 --> 01:25:07,880
Speaker 2: they're reporting and things aren't still going well for them,

1810
01:25:08,320 --> 01:25:11,120
Speaker 2: and so he announced yesterday that they were going to

1811
01:25:11,120 --> 01:25:13,200
Speaker 2: put some tech in that would take people out. So

1812
01:25:13,240 --> 01:25:15,320
Speaker 2: they're taking the people out and putting the tech in.

1813
01:25:15,760 --> 01:25:17,760
Speaker 2: But they've now decided to take the tech out and

1814
01:25:17,800 --> 01:25:19,559
Speaker 2: put some more people in. So they're going to hire

1815
01:25:19,600 --> 01:25:22,840
Speaker 2: more baristas. Do remember that Starbucks, once upon a time

1816
01:25:23,400 --> 01:25:24,720
Speaker 2: was a company that was supposed to be in the

1817
01:25:24,760 --> 01:25:28,439
Speaker 2: business of coffee. For coffee, you do actually need a barista,

1818
01:25:28,560 --> 01:25:30,840
Speaker 2: so in somewhere, and this is the thing, this is

1819
01:25:30,880 --> 01:25:32,840
Speaker 2: one of these things, and this is way you have consultants.

1820
01:25:33,600 --> 01:25:36,720
Speaker 2: And I should be a consultant for Starbucks, because you

1821
01:25:36,720 --> 01:25:38,360
Speaker 2: don't need to be part of the company to understand

1822
01:25:38,360 --> 01:25:41,599
Speaker 2: what's going wrong with Starbucks. Starbucks have lost their ways,

1823
01:25:41,720 --> 01:25:43,679
Speaker 2: and I would argue where the warehouse is the same,

1824
01:25:43,680 --> 01:25:46,240
Speaker 2: the warehouse has lost its way. What it's set out

1825
01:25:46,280 --> 01:25:47,800
Speaker 2: to be and what it is are two different things.

1826
01:25:47,840 --> 01:25:50,320
Speaker 2: Starbucks no longer makes coffee. If they stuck to coffee,

1827
01:25:50,680 --> 01:25:52,960
Speaker 2: if you could walk into Starbucks in order something that

1828
01:25:53,000 --> 01:25:55,439
Speaker 2: you knew to be coffee, understood to be coffee, and

1829
01:25:55,640 --> 01:25:58,520
Speaker 2: was called coffee and didn't come in a keg exactly,

1830
01:25:58,880 --> 01:26:01,400
Speaker 2: it might well have been more successful than it is.

1831
01:26:01,439 --> 01:26:03,920
Speaker 2: But the moment they went down the track of God

1832
01:26:04,040 --> 01:26:07,000
Speaker 2: knows whatever it is they called those drinks, it was

1833
01:26:07,040 --> 01:26:09,439
Speaker 2: always going to end in tears. Because once you offer

1834
01:26:09,479 --> 01:26:13,200
Speaker 2: the wider public that array of bollocks. They're always going

1835
01:26:13,240 --> 01:26:15,040
Speaker 2: to get picky and they're going to go, I want

1836
01:26:15,040 --> 01:26:17,679
Speaker 2: the purple one without the sugar and the bendy straw,

1837
01:26:17,720 --> 01:26:19,559
Speaker 2: but in a small cup and then put a twist

1838
01:26:19,600 --> 01:26:21,520
Speaker 2: on it. And the next thing you know, you're reinventing

1839
01:26:21,560 --> 01:26:24,599
Speaker 2: yourself every second day, and no one understands what's going

1840
01:26:24,640 --> 01:26:26,479
Speaker 2: on in the moment that no one understands what your

1841
01:26:26,479 --> 01:26:29,880
Speaker 2: business is, you've lost your customer base. And that's fundamentally

1842
01:26:29,920 --> 01:26:33,879
Speaker 2: what's gone with Starbuck's. So so far A fixed to Toyota.

1843
01:26:34,320 --> 01:26:37,679
Speaker 2: I fixed Starbucks. And the warehouse needs to look more

1844
01:26:37,800 --> 01:26:41,400
Speaker 2: like Briscoes. And you know where you're at with Briscoes.

1845
01:26:41,720 --> 01:26:43,160
Speaker 2: You don't know where you're at with the warehouse.

1846
01:26:43,160 --> 01:26:44,840
Speaker 18: I believe there might be a sale on actually at

1847
01:26:44,840 --> 01:26:46,200
Speaker 18: the moment at Briscoes.

1848
01:26:46,200 --> 01:26:49,479
Speaker 2: Do tell nine away from nine the mic.

1849
01:26:49,400 --> 01:26:52,960
Speaker 1: Hosking breakfast with Bailey's Real Estate News Dogs.

1850
01:26:52,640 --> 01:26:57,960
Speaker 2: There'd be like, might a tenant blend them now selves onions, bread, chocolate, biscuits, eggs,

1851
01:26:58,600 --> 01:27:02,680
Speaker 2: ginger beer. See that's mixed messaging to me. I go

1852
01:27:02,760 --> 01:27:06,840
Speaker 2: in there for a wheelbarrow. I'm not expecting bread. You

1853
01:27:06,920 --> 01:27:09,200
Speaker 2: know what I'm saying? Can I just quickly. I don't

1854
01:27:09,200 --> 01:27:11,519
Speaker 2: think I've got to it. John Hamm is getting quite

1855
01:27:11,560 --> 01:27:13,360
Speaker 2: a bit of buzz at the moment. John Hamm of

1856
01:27:13,720 --> 01:27:17,040
Speaker 2: mad Men. I never watched mad Men, but they tell

1857
01:27:17,080 --> 01:27:19,400
Speaker 2: me it was a success and those who watched it

1858
01:27:19,400 --> 01:27:22,240
Speaker 2: thought it was okay. Anyway, he's done nothing. By way,

1859
01:27:22,320 --> 01:27:23,840
Speaker 2: he got a bit of a role in the Morning

1860
01:27:23,840 --> 01:27:26,920
Speaker 2: Show with Jennifer Anderston. But he's done nothing lead wise

1861
01:27:27,680 --> 01:27:28,320
Speaker 2: four years.

1862
01:27:28,360 --> 01:27:32,559
Speaker 18: Are you serious? He's in every second program as a lead.

1863
01:27:32,880 --> 01:27:34,120
Speaker 2: He's done's the.

1864
01:27:34,040 --> 01:27:36,799
Speaker 18: Bad guy and the last season of Fargo.

1865
01:27:37,160 --> 01:27:38,280
Speaker 2: No, not as the lead.

1866
01:27:39,720 --> 01:27:43,719
Speaker 18: He was in Landman the latest Taylor Sheridan joined.

1867
01:27:43,920 --> 01:27:46,840
Speaker 2: Not as the lead, not as the star of the show.

1868
01:27:46,880 --> 01:27:49,280
Speaker 2: He's just in stuff, is what they're saying. I'm getting

1869
01:27:49,320 --> 01:27:52,600
Speaker 2: this from Vanity Fair, Glynn. Don't don't battle me on

1870
01:27:53,120 --> 01:27:56,000
Speaker 2: Vanity Fair. They say they hasn't had a job lead

1871
01:27:56,160 --> 01:27:59,679
Speaker 2: lead in fifteen years, Google, Google Chat, GBT. Has John

1872
01:27:59,720 --> 01:28:02,600
Speaker 2: ham had a lead role since mad Men? Tell me

1873
01:28:02,640 --> 01:28:07,080
Speaker 2: what it says. Anyway, He's in Your Friends and Neighbors,

1874
01:28:07,840 --> 01:28:13,600
Speaker 2: which is on US streaming service. Okay, and it's sensational,

1875
01:28:14,080 --> 01:28:18,000
Speaker 2: absolutely sensational. Five minutes away from nine trending.

1876
01:28:17,840 --> 01:28:22,040
Speaker 1: Now as well book in your flu vaccination today.

1877
01:28:22,240 --> 01:28:24,439
Speaker 2: Back to the Trump cabinet meeting today where they sit

1878
01:28:24,439 --> 01:28:28,240
Speaker 2: around the table and tell you everything is fabulous, despite

1879
01:28:28,240 --> 01:28:31,840
Speaker 2: the fact it's not. Here's some news that they were touting.

1880
01:28:31,840 --> 01:28:33,000
Speaker 2: Listen to the sea if you believe it.

1881
01:28:33,439 --> 01:28:38,240
Speaker 5: During the Biden administration, he has become a collaborator in

1882
01:28:38,400 --> 01:28:44,200
Speaker 5: child trafficking and for sex and for for slavery. And

1883
01:28:44,240 --> 01:28:47,000
Speaker 5: we have ended that. And we're very restively going out

1884
01:28:47,040 --> 01:28:49,120
Speaker 5: and trying to find these children. And so wee hundred

1885
01:28:49,120 --> 01:28:51,640
Speaker 5: thousand children that realize administration.

1886
01:28:52,000 --> 01:28:56,160
Speaker 2: Yes, so the Biden administration lost three hundred thousand children.

1887
01:28:56,840 --> 01:28:59,240
Speaker 2: So rfk's out there looking for him. That's that's a

1888
01:28:59,360 --> 01:29:01,800
Speaker 2: QAnon cannspiracy theory. Hard to believe it's a quan On

1889
01:29:01,880 --> 01:29:05,880
Speaker 2: conspiracy theory, but it is apparently. Anyway, then Pam as

1890
01:29:05,920 --> 01:29:10,160
Speaker 2: in Bondie, as in Florida, she's telling Trump, she's he's

1891
01:29:10,200 --> 01:29:14,400
Speaker 2: saved seventy five percent of America from death, thirty.

1892
01:29:14,120 --> 01:29:17,559
Speaker 4: Four hundred kilos of fentanyl since you've been your last

1893
01:29:17,680 --> 01:29:19,360
Speaker 4: hundred days would saved?

1894
01:29:19,400 --> 01:29:20,639
Speaker 8: Are you ready for this? Media?

1895
01:29:20,800 --> 01:29:24,800
Speaker 20: Two hundred and fifty eight million lives kids are dying

1896
01:29:24,960 --> 01:29:29,320
Speaker 20: Africa because they're taking this junk laced with something else.

1897
01:29:29,400 --> 01:29:30,599
Speaker 4: They don't know what they're taking.

1898
01:29:30,600 --> 01:29:32,680
Speaker 8: They think they're buying a tilenol or an auterall and.

1899
01:29:32,680 --> 01:29:35,000
Speaker 20: As the NX, and it's laced with fentanyl and they're

1900
01:29:35,080 --> 01:29:37,680
Speaker 20: dropping debt and no longer because of you.

1901
01:29:37,960 --> 01:29:41,200
Speaker 2: What you've done, she sounded angry at him, what you've done.

1902
01:29:41,400 --> 01:29:44,040
Speaker 2: What you've done is going to tone it down, Pam.

1903
01:29:44,680 --> 01:29:46,960
Speaker 2: So if she turned fifty eight million lives would have

1904
01:29:47,000 --> 01:29:49,880
Speaker 2: only left eighty million people in America. It's not many

1905
01:29:49,920 --> 01:29:52,640
Speaker 2: people in America to governor anymore. So, thank goodness, he

1906
01:29:52,680 --> 01:29:53,439
Speaker 2: saved tenundred fifty.

1907
01:29:53,439 --> 01:29:54,760
Speaker 18: You wouldn't need dosee anymore, would you do?

1908
01:29:54,880 --> 01:29:57,680
Speaker 2: You certainly don't need those when you're saving lives. And

1909
01:29:58,040 --> 01:30:00,360
Speaker 2: mind you, the population is going to grow once they

1910
01:30:00,400 --> 01:30:04,200
Speaker 2: find those three hundred thousand children. Please, they're busy. That

1911
01:30:04,479 --> 01:30:07,559
Speaker 2: is us, my Firmus and I will return tomorrow from

1912
01:30:07,600 --> 01:30:09,160
Speaker 2: six Happy Days.

1913
01:30:15,520 --> 01:30:18,439
Speaker 1: For more from the Mic Asking Breakfast, Listen live to

1914
01:30:18,520 --> 01:30:21,599
Speaker 1: news Talks at b from six am weekdays, or follow

1915
01:30:21,640 --> 01:30:23,160
Speaker 1: the podcast on iHeartRadio