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Speaker 1: Demanding the answers from the decision makers. Ken the duplic

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Speaker 1: Ellen on the my casking Breakfast with a Vida, Retirement, Communities,

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Speaker 1: Life Your Way, News togs.

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Speaker 2: That'd be good morning and welcome to you. Coming up today,

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Speaker 2: Nikola willis on the government's box. There is a lot

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Speaker 2: of redd in there. What she's going to do to

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Speaker 2: get it back into the black and how long is

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Speaker 2: she going to keep taking this softly softly approach. We'll

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Speaker 2: speak to her after half past seven. The Commerce Commission

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Speaker 2: on capping those credit card vis finally how high should

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Speaker 2: a door handle be in an early childhood center? We

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Speaker 2: finally got the red tape review out, and David Cima

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Speaker 2: will talk us through that, and then we have politics

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Speaker 2: Wednesday after eight o'clock.

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Speaker 3: Heather Duplicy Ellen, Look, I think we knew.

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Speaker 2: That the government books were going to be bad, right,

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Speaker 2: but I don't know that we knew that it was

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Speaker 2: going to be this bad. There's no way that we're

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Speaker 2: going to get to the surplus that we expected in

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Speaker 2: twenty twenty eight. In fact, that is now so far

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Speaker 2: away it's not even in Treasury's forecast period anymore. It'll

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Speaker 2: be sometime who knows when sometime in the twenty thirties

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Speaker 2: we're going to have to borrow another twenty billion dollars

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Speaker 2: in debt to tide us over the net four years.

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Speaker 2: That's going to push our interest payments over ten billion

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Speaker 2: dollars every year. So we are already spending more, will

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Speaker 2: be spending even more on our debt interest than we

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Speaker 2: spend on defense, corrections, police and customs combined every single year. Now,

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Speaker 2: this is not the current government's fault. This is caused

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Speaker 2: by a recession that was caused by Adrian Or and

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Speaker 2: the Reserve Bank to try to deal with labors, overspending

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Speaker 2: in the bank zone problems, but national and not doing

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Speaker 2: what they need to be doing right now. I mean,

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Speaker 2: these guys need to be cutting way harder than they

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Speaker 2: are right now. There is a measure that we use

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Speaker 2: to look at how much government spending is adding to

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Speaker 2: or reducing from economic growth. It's called public consumption. Nikoli

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Speaker 2: Willis was supposed to cut public consumption by one point

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Speaker 2: four percent. This year, she cut it by zero points

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Speaker 2: two percent. I mean, there's basically no cut at all.

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Speaker 2: It's so close to zero. Next year it was supposed

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Speaker 2: to be cut by two point two percent. It's going

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Speaker 2: to be cut by another zero point two percent. Again,

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Speaker 2: no cut. There is not much being cut here. We

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Speaker 2: still pay the wages of fourteen thousand more public service

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Speaker 2: than we did in twenty eighteen. The government has only

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Speaker 2: cut one public agency, which is the Productivity Commission. Nikola

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Speaker 2: Willis spent more in her last budget than Grant Robertson

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Speaker 2: ever did in any of his budgets. Now National keeps

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Speaker 2: saying they have to do this. They can't cut more

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Speaker 2: because they don't want austerity. We are so far from austerity.

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Speaker 2: It's not funny. We are spending more money. We are

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Speaker 2: hiring more public servants than we did six years ago. Now,

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Speaker 2: the trouble with that is that currently with all this

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Speaker 2: big spending, we're in a recession. Six years ago we

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Speaker 2: were not in a recession. National needs to treat this

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Speaker 2: like the economic train record is and cut their cloth accordingly.

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Speaker 2: They might not be responsible for the mess that we're in,

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Speaker 2: but they are responsible now for fixing it, and so

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Speaker 2: far they're not really fixing it.

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Speaker 1: What views of the world in ninety seconds.

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Speaker 2: We'll finally have some justice for Sarah Sharif this morning.

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Speaker 2: This is the young girl killed and tortured by her

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Speaker 2: father's stepmother and uncle.

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Speaker 4: Sara's death was the culmination of years of neglect, frequent assaults,

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Speaker 4: and what can only be described as the torture of

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Speaker 4: this child. This happened in plain sight, in front of

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Speaker 4: the rest of the family.

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Speaker 2: Her mother gave an impet statement, you are sadists. Although

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Speaker 2: even this word is not enough for you. I would

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Speaker 2: say you were executionist. As the Post Office scandal inquiry

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Speaker 2: wraps up, Fujitsu are throwing all in sundry under the bus.

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Speaker 5: Fijitsu has identified at least seventy seven zero individuals within

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Speaker 5: Post Office and Royal Mail in relation to whom the

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Speaker 5: inquiry has received unequivocal evidence of their knowledge of bugs,

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Speaker 5: errors and defects.

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Speaker 2: Now do you reckon that the UK is said that

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Speaker 2: the head of the Russian nuclear forces has been assassinated,

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Speaker 2: And make.

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Speaker 6: No mistake, this was a bad man and he has

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Speaker 6: a proven and admitted record of using chemical weapons against

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Speaker 6: troops on the battlefield.

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Speaker 2: Yes, staying in the UK. Despite the Ombudsman recommending that

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Speaker 2: the waspy women get paid, they won't get a dime.

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Speaker 7: I do understand, of course, the concern of the waspy women.

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Speaker 7: But also, of course I have to take into account

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Speaker 7: whether it's right at the moment to impose for the

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Speaker 7: burden on the taxpayer, which is what it would be.

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Speaker 2: And a lawyer for one of p did He's accusers

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Speaker 2: has done in an interview and outlined some of the

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Speaker 2: allegations against the men.

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Speaker 8: She alleges that she was groped and grabbed, that by

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Speaker 8: Shaan Klms, that she witnessed him physically assaulting other women,

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Speaker 8: that he restrained her, locked her into cars and other places,

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Speaker 8: falsely imprisoned her.

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Speaker 2: And finally, the fan experience for the twenty thirty four

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Speaker 2: Football World Cup is going exactly the way that everybody

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Speaker 2: expected when Saudi Arabia was controversially given the hosting rights

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Speaker 2: last week, being widely reported booze is not going to

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Speaker 2: be sold to those attending the Game's alcohol has been

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Speaker 2: banned from the country since nineteen fifty four. Easy's seventy

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Speaker 2: three to have even been there at the time when

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Speaker 2: it was being sold. But anyway, but there are special

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Speaker 2: exceptions or seventy one I suppose maths special exceptions for

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Speaker 2: non Muslim diplomats and some special tourists who are able

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Speaker 2: to get their hands on a drink for football fans.

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Speaker 2: Nap not going to be special under these particular rules.

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Speaker 2: No drinks for you guys that has news of the

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Speaker 2: world in ninety seconds. Now, this is probably going to

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Speaker 2: be absolutely no surprise to you, but it's something slightly

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Speaker 2: groom about it, like a little maccarb. Documentary makers are

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Speaker 2: already clamoring, apparently to get their hands on the story

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Speaker 2: of Luigi Mangioni, who is the guy, the hot guy

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Speaker 2: accused of killing the United Healthcare boss.

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Speaker 9: Now.

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Speaker 2: One of the documentary makers is an award winning filmmaker

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Speaker 2: called Alex Gibney, and he's paired up with an entertainment

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Speaker 2: company Anonymous Content they want to make a docer. The

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Speaker 2: other one is Steven Robert Moose, who produced Amanda Knox

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Speaker 2: for Netflix, which actually did really well, has also been

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Speaker 2: nominated for Emmy, and on that subject, Michael Moore, who's

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Speaker 2: of course another reasonably famous documentary maker's got actually really

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Speaker 2: nothing to do with this, but he's weighed in on it,

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Speaker 2: and he's actually backing the people who are lionizing. The

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Speaker 2: hot shooter says some people who's written on a substack.

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Speaker 2: Some people have stepped forward to condemn this and anger.

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Speaker 2: I'm not one of them. The anger is one thousand

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Speaker 2: percent justified. It is long overdue for the media to

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Speaker 2: cover it. It is not new, it has been boiling,

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Speaker 2: and I'm not going to tamper down or ask people

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Speaker 2: to shut up. I want to pour gasoline on that anger.

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Speaker 2: So very responsible. Thirteen past six.

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

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Speaker 1: by News Talk sep.

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Speaker 10: Hey.

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Speaker 2: By the way, we've got the first North Korean troops

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Speaker 2: killed in the Ukrainian War. Apparently they've up to now

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Speaker 2: it sounds like they've been doing some support work and

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Speaker 2: stuff like that for the Russians, but now they're on

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Speaker 2: the front lines as of about a week ago in

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Speaker 2: infantry positions, and so the boekend about thirty of them

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Speaker 2: were killed or wounded in the Kursek border region. And

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Speaker 2: I am quite looking forward to seeing how that's going

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Speaker 2: to go down in North Korea, because, Yeah, I just

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Speaker 2: wonder if they thought that all the way through when

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Speaker 2: they sent them over to do support work. Sixteen past

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Speaker 2: six Andrew kelliher JMI wealth is worth us last time

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Speaker 2: this year? Andrew? Is that right?

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Speaker 9: Yeah?

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Speaker 2: There's good, all right? Well then let's get stuck into

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Speaker 2: an absolutely positive subject, which is high school. What do

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Speaker 2: you make of it?

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Speaker 11: Well, there wasn't just Christmas chair in those numbers yet

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Speaker 11: they was that. I mean, we've been talking a fair

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Speaker 11: bit about the last year about the week's stay.

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Speaker 10: Of the economy.

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Speaker 11: Now we can see the impact that that's had on

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Speaker 11: government accounts. So there's a lot of facts and figures

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Speaker 11: here at Heather. There's one hundred and forty nine pages

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Speaker 11: of them, to be exact. Now, we had expected the

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Speaker 11: figures to be weaker. The degree of weakness is higher

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Speaker 11: than expected.

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Speaker 12: You know.

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Speaker 11: We compare the numbers to what we saw in the

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Speaker 11: budget twenty twenty four documents and they are worse and

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Speaker 11: at a very high level. This is a story of

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Speaker 11: slow economic activity and a deterioration in the recent tax outcomes.

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Speaker 11: So look, there's lots of numbers, so we'll try and

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Speaker 11: pick out the key ones. So when listeners out there

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Speaker 11: head along to their staff Christmas party in the next

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Speaker 11: couple of days, they'll know what to talk about, because

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Speaker 11: I know everybody really wants to do that. They want

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Speaker 11: to talk about the high food Now GDP growth is

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Speaker 11: low than expected, so you can express growth at a percentage,

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Speaker 11: or you can do it in dollar terms, and now

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Speaker 11: tulously over the four years to twenty twenty, it's twenty

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Speaker 11: billion dollars lower. Now government over those years receives thirteen

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Speaker 11: billion dollars less in revenue than previously expected, so that

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Speaker 11: there's lower tax revenues. You've got on the government spending.

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Speaker 11: You've got a couple of kinds of government spending. Got

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Speaker 11: operational that's day to day. You've got capital spending that's

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Speaker 11: new stuff. They have been revised up, so less money

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Speaker 11: and more money out each year the government has that

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Speaker 11: allows for extra spending. The day to day spending that

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Speaker 11: was two point four billion in the budget in the

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Speaker 11: budget documents. That hasn't changed, so it's still at two

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Speaker 11: point four billion twenty five, twenty six, twenty seven. When

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Speaker 11: you look at when do the book's balance, when have

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Speaker 11: you got earned more than you spend? As you've said,

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Speaker 11: that's now been pushed out a year to twenty eight

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Speaker 11: twenty nine. There's a growth number here which captures my

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Speaker 11: eye because we know growth is negative for the twenty

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Speaker 11: four year, it's very small for the twenty five year,

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Speaker 11: but then it accelerates to three point three percent of

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Speaker 11: the twenty six Yeah, that's a big bounce. We're going

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Speaker 11: to have to wait and see whether that's achievable or not.

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Speaker 11: Unemployment four point eight percent, the annual average peaks at

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Speaker 11: five point four percent. You may get a quarteringly number

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Speaker 11: higher than that. So it's gonna get a little worse

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Speaker 11: before it gets better. And we've got this new measure,

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Speaker 11: this obigal X. And now if obigal wasn't bad enough,

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Speaker 11: we've now got obigal with ACC taken out of it

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Speaker 11: as well, because ACC is quite volatile. So they're all

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Speaker 11: the numbers.

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Speaker 2: Yeah, okay, So what does it actually mean for the government,

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Speaker 2: do you think? Right?

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Speaker 9: Yeah?

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Speaker 10: Right?

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Speaker 11: So the first point is there's there's no wriggle room here.

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Speaker 11: There's no regle room at all. Without changing their plan,

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Speaker 11: they now need to borrow more because the deficits are bigger.

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Speaker 11: So compared to the twenty twenty four projections, they now

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Speaker 11: need to borrow twenty billion dollars more. Now we're already

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Speaker 11: borrowing a lot more than we were before. The other

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Speaker 11: thing that's not being talked about quite a bit here

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Speaker 11: head we're in the middle of what we call quantitative

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Speaker 11: tightening at the moment. So the Reserve Bank bought a

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Speaker 11: whole lot of government bonds off the government in the

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Speaker 11: COVID that was called quadsative easing. That that created money

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Speaker 11: that's now being unwined unwound, So the is selling those

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Speaker 11: back to the governments at the moment. That's increasing the

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Speaker 11: borrowing requirement. There's cause for that process to be slowed.

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Speaker 11: Lower activity, lower tax take projected forward, the government had

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Speaker 11: decided to not reduce spending further.

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Speaker 10: You just talked about this.

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Speaker 11: That means they now have to sell one hundred and

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Speaker 11: sixty eight billion dollars worth of government bonds over the

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Speaker 11: forecast period. They have to include They've had to increase

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Speaker 11: the short term borrowing as well, so it just compounds.

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Speaker 11: They put that target out there of having net core

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Speaker 11: crown dead is a percent of GDP at forty percent,

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Speaker 11: we're not going to make that now it's forty six

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Speaker 11: and a half at the peak and at the end

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Speaker 11: of the forecast period forty five point two. This simply

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Speaker 11: isn't money for new spending initiatives. Cost pressures on your

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Speaker 11: existing spending could soak up quite a bit of operating allowance. Look,

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Speaker 11: we haven't even had time to talk about productivity. I

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Speaker 11: want to make one final point, Heather, this obigal X,

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Speaker 11: this new measure that we've got taking ACC out of

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Speaker 11: obigal is that okay, like ACC is supposed to be

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Speaker 11: self funding in the long term. So the logic is

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Speaker 11: the government doesn't want to be forced into short term

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Speaker 11: changes to their fiscal strategy to deal with short term

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Speaker 11: volatility to the ACC ledger. That's okay. I think if

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Speaker 11: ACC is actually self funding, because the reality is, under

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Speaker 11: the old rules, these numbers would have looked a lot worse.

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Speaker 11: And I just have to make the point we gave

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Speaker 11: it to Grant Robertson, didn't we when he changed the

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Speaker 11: rules on debt and he bought the New Zealandero, So

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Speaker 11: we kind of got to inspect this change as well.

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Speaker 11: To be fair, we've got to ask is it okay?

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Speaker 11: And I'm still not sure about that. I'm still trying

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Speaker 11: to figure it out.

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Speaker 2: Yeah, okay, run me through the numbers really quickly.

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Speaker 11: Sure, the Dow Jones is Dow on half a percent,

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Speaker 11: The S and P five hundred is down point three

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Speaker 11: eight percent, and then NAASAC is down point three five percent,

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Speaker 11: The fort to one hundred, lost three quarters of percent overnight,

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Speaker 11: and thei Ka was down a quarter of a percent.

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Speaker 11: Shanghai composite down three quarters of percent. The ASX two

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Speaker 11: hundred is at eight to three one four. They gainedero

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Speaker 11: point seven eight percent yesterday. The insects fifty twelve nine

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Speaker 11: hundred and fourteen. We had a good day up point

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Speaker 11: nine percent. Kimi dollar point five seven five six against

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Speaker 11: the US point nine oh eight three Aussie point five

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Speaker 11: four eight to Euro point four five two eight pounds

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Speaker 11: eighty eight point three seven against the Japanese end gold

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Speaker 11: two thy six hundred and forty bucks and break cruit

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Speaker 11: seventy two dollars and eighty three cents.

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Speaker 2: Andrew, go, are you going to get some son over some?

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Speaker 2: Are you well?

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Speaker 11: If we if we get some some'dy down the coromandel, Heather.

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Speaker 11: But I hope you have a great time.

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Speaker 10: Take it easy.

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Speaker 3: There and you will really well.

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Speaker 11: I told you what you look like.

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Speaker 2: But I'll make sure I google you and then and

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Speaker 2: then I will be old and gray. I'll stalk here, hey,

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Speaker 2: and you look after yourself. Enjoy the coramandeal Son. That's

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Speaker 2: Andrew callaher j my wealth You're right plenty to get

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Speaker 2: you through in the next half and hour, So let's

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Speaker 2: get into it. Six twenty two The.

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Speaker 1: Vike Asking Breakfast Full Show podcast on iHeartRadio powered by

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Speaker 1: News Talks at B Well.

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Speaker 2: This has just got really weird, hasn't it. Andrew Callaher

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Speaker 2: turns out has a beach house in the very same

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Speaker 2: town in the kram that I have a beach house,

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Speaker 2: and it's not a big town. And now I know.

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Speaker 2: I've googled him, and now I know what he looks like.

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Speaker 2: And I one hundred percent am going to bump into

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Speaker 2: him over Christmas. And I'm just saying this to you

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Speaker 2: right now so that when it does happen, I can't

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Speaker 2: be accused of stalking, because it is an inevitability that

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Speaker 2: this is now going to happen. I'm very excited. Actually,

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Speaker 2: six twenty.

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Speaker 1: Five Trending Now Warehouse your home for Christmas shopping.

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Speaker 2: Hello Adele, a Brazilian judge is hoping you can hear him.

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Speaker 2: In what's being called a landmark case, a judge has

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Speaker 2: ordered Adele's twenty fifteen track million years ago must be

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Speaker 2: taken down worldwide, not just in Brazil, worldwide, including on

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Speaker 2: streaming services because of plagiarism. Now, the claim was brought

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Speaker 2: by a Brazilian composer who said that Adele's song copied

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Speaker 2: his somber classic called Melchis. The judge agreed with the Sky,

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Speaker 2: specifically in regards to the first verse of the song. Okay,

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Speaker 2: so here's a dall song.

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Speaker 13: Won to have m learning to fly learning Durham I

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Speaker 13: led my ho they here is.

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Speaker 2: A squish ludge convincing that's basically exactly the same as

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Speaker 2: a down you copycat you anyway, the song must sound

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Speaker 2: like a lot of other songs because Turkish people also

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Speaker 2: accused her back in twenty fifteen of ripping off one

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Speaker 2: of their singers for exactly the same song. Now, this

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Speaker 2: guy is seeking royalties from the song. He wants three

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Speaker 2: hundred thousand dollars New Zealand in moral damages and songwriting credit.

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Speaker 2: Sony Brazil and Universal Brazil will be fined fifteen thousand

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Speaker 2: dollars every day that the song remains up and if

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Speaker 2: it is if they also get pinged for every stream

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Speaker 2: I've streamed of a loss this sing it's exactly the same.

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Speaker 14: She's an English they I think hard to know that

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Speaker 14: that doesn't cat don't.

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Speaker 2: Think so, Hey, we go to speak to David Seymour next. Well,

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Speaker 2: that's a miss about high food show.

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Speaker 3: We new stalks dB, you're trusted source for news and views.

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Speaker 1: Heather Duplicy Allen on the mic Hosking breakfast with the

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Speaker 1: range Rover Villa designed to intrigue and use talks that'd.

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Speaker 2: B on the state of the government's books. We're going

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Speaker 2: to have a chat to Nikolaulus after half past seven

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Speaker 2: about what the plan is because part of the problem,

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Speaker 2: obviously is that we're just spending way too much money,

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Speaker 2: so there's some deeper cuts that need to happen there.

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Speaker 2: But quite apart from that, GDP growth is just pretty average,

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Speaker 2: so we've got to think about ways to start getting

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Speaker 2: that going quick smart. We'll ask her about that as

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Speaker 2: well after half past seven. But Jeff Nightingale of PwC,

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Speaker 2: the tax partner formerly, will be with us just after

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Speaker 2: seven to give us his hot takes on it first

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Speaker 2: twenty three away from sevenbafting. So the Ministry of Regulations

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Speaker 2: completed its first task actually very fast. It's done its

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Speaker 2: report into the early childhood sector and it's recommended cutting

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Speaker 2: three quarters of a list of ninety eight different licensing

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Speaker 2: rules regulation. But mister David Seymore's with us now morning,

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Speaker 2: David good. So does this mean when they're not going

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Speaker 2: to have to maintain the old eighteen degrees in doors

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Speaker 2: all day long?

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Speaker 15: Yeah, that's exactly the sort of thing that we want

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Speaker 15: to either remove the regulation or clarify, because right across

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Speaker 15: the sector you feel a lot of anger from people

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Speaker 15: who say all I wanted to do was keep kids safe,

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Speaker 15: obviously and help them discover their potential. All I actually

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Speaker 15: do is to maintain a plethora of documents fear getting

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Speaker 15: inspected and answered to multiple regulators, from HERO to the

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Speaker 15: Ministry of Educations at Fire and Emergency in New Zealand,

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Speaker 15: often with each regulator having conflicting and positions on the

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Speaker 15: same basic questions. So I'm really soaked with the report

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Speaker 15: that the Ministry for Regulations produced. As you say, I

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Speaker 15: think they've done it pretty quickly. They've only been in

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Speaker 15: existence for nine months, notus up. You know, I had

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Speaker 15: submissions from twenty three hundred different people in the sector,

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Speaker 15: and in the new year we're basically going to roll

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Speaker 15: up these changes.

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Speaker 2: So what is actually going to happen with the door handles,

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Speaker 2: because this is one of these examples where you've got

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Speaker 2: conflicting things. Right, the building code says the door handles

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Speaker 2: have to be at a certain heights, but the EC

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Speaker 2: needs editor different heights. So where do you end up.

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Speaker 15: Well, where we'll end up is that we'll have one

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Speaker 15: regulator and one rule, so that if you're running an

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Speaker 15: EC you know what the rule is and you can

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Speaker 15: get on with it. Exactly which ones will change to

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Speaker 15: align them. There's a bit of work to do, and

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Speaker 15: you to go backwards and boards of the different ministries

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Speaker 15: and so you've got a movie yours. So exactly how

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Speaker 15: that plays out is for next year. But the clear

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Speaker 15: issue is we've identified this is a problem by asking

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Speaker 15: people and it's pretty obvious what needs to happen. You

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Speaker 15: need rule, one regulator on one question and in some

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Speaker 15: cases it's something that maybe doesn't need to be regulated.

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Speaker 2: Have you heard from the easies on this they stoked

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Speaker 2: about this or what.

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Speaker 15: Yeah, there's been a bit of commentary from some of

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Speaker 15: the people who are commentators in the sector. I see

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Speaker 15: Kelly Seberg there, who was a pretty knowledgeable and vocal

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Speaker 15: operator of several ecs and someone that's been involved in

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Speaker 15: the review and she as far as I can see

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Speaker 15: us saying, yes, this is exactly what we need.

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Speaker 2: David, listen, what are you thinking about the high food?

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Speaker 2: Why aren't you guys cutting harder to get back to surplus?

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Speaker 15: Well, a couple of things. I mean, if you look

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Speaker 15: at where government is as a percentage of GDP under

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Speaker 15: Robertson in eighteen twenty nineteen, they were spending about twenty

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Speaker 15: eight dollars out of every hundred in the economy. During

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Speaker 15: COVID they went nuts, went up to about thirty five

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Speaker 15: dollars out of an extra seven bucks out of every hundred,

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Speaker 15: ye earn goes to government. Now it's sitting around thirty

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Speaker 15: three and we're going to get it in a couple

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Speaker 15: of years down to thirty one. Now you say, well,

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Speaker 15: how can you be spending three percent more of duty

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Speaker 15: than Robertson was before COVID. The answer to that is

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Speaker 15: that every year there's about thirty thousand more people on

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Speaker 15: super healthier costs rise at a similar rate. That's a

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Speaker 15: factor of having a rising aging population compared with a

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Speaker 15: number of taxpayers. And also because dear Old Brant borrowed

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Speaker 15: about one hundred billion dollars when interest rates were low,

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Speaker 15: and of course now the higher we're paying almost ten

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Speaker 15: billion a year.

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Speaker 2: But are you comfortable, I mean fair enough you hit

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Speaker 2: it in the right direction. Are you're comfortable with the

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Speaker 2: slow pace at what you're doing or do you think

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Speaker 2: should be doing it faster?

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Speaker 15: Well, I mean, look, there's no surprise from ACT when

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Speaker 15: we have these budget meetings, like generally the ones saying

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Speaker 15: that I think we need to go harder and faster.

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Speaker 15: But you know, obviously we're in a coalition and other

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Speaker 15: people as you're here and Nicole Assay and you heard

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Speaker 15: Chris lux And say yesterday, we don't want to go

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Speaker 15: to what they would call austerity. So obviously there's a

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Speaker 15: natural tension there and no surprise that ACT, being the

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Speaker 15: association of consumers and taxpayers and a tech ronym, would

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Speaker 15: like to do that. But I also think that where

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Speaker 15: we are in this government is an awful lot better

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Speaker 15: than where we would be with the alternatives. So ye, look,

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Speaker 15: I mean there's no surprise I'd probably like to go faster,

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Speaker 15: but I'm pretty happy with we and the governments it

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Speaker 15: ended up because I know what the alternative is.

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Speaker 2: Okay, David, thanks very much, really appreciate this, David seem

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Speaker 2: more regulation, Minister Heather, you want the Coalition to make

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Speaker 2: harder and deeper cuts, but you forgot the borderline trees

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Speaker 2: in this public service would revolt and the lefties would

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Speaker 2: march down the streets and then come next selection, Hipkins

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Speaker 2: would wave from the pulpit again. I don't know that

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Speaker 2: it would play out like that. There's no how it's

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Speaker 2: played out in Argentina where they've done the big cuts. Anyway,

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Speaker 2: I run because we've got even more data coming out

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Speaker 2: Argentina overnight that shows that they are cutting hard and

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Speaker 2: fast and it's the right thing to do. There are

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Speaker 2: more just remember there are more people who want to

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Speaker 2: see this the books get back in order, I believe,

438
00:21:10,640 --> 00:21:13,359
Speaker 2: than there are public servants. So I actually think cutting

439
00:21:13,400 --> 00:21:16,600
Speaker 2: public servants may be a good political move. Seventeen away

440
00:21:16,600 --> 00:21:17,800
Speaker 2: from seven, the.

441
00:21:18,000 --> 00:21:22,520
Speaker 1: Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by

442
00:21:22,560 --> 00:21:23,199
Speaker 1: News Talks that.

443
00:21:23,320 --> 00:21:25,199
Speaker 2: Be Hey, we've been waiting for a little while for

444
00:21:25,240 --> 00:21:26,879
Speaker 2: the Commus Commission to tell us what it's going to

445
00:21:26,960 --> 00:21:28,280
Speaker 2: do with the credit card fees. You know, when you

446
00:21:28,359 --> 00:21:29,720
Speaker 2: go up to the f boss machine, you go to

447
00:21:29,760 --> 00:21:31,439
Speaker 2: the dairy you want to buy yourself chocolate milk, you

448
00:21:31,480 --> 00:21:33,440
Speaker 2: go to scan, you you go to tap your card

449
00:21:33,440 --> 00:21:35,840
Speaker 2: because you're lazy, and then they charge you for that.

450
00:21:36,200 --> 00:21:38,639
Speaker 2: Commos Commission's been looking into how much they're charging for that.

451
00:21:38,680 --> 00:21:40,919
Speaker 2: They've just released their draft decision just this morning, just

452
00:21:40,920 --> 00:21:43,560
Speaker 2: about an hour ago, on how much they're going to

453
00:21:43,600 --> 00:21:44,960
Speaker 2: where they're going to cap it and stuff they reckon.

454
00:21:45,000 --> 00:21:47,000
Speaker 2: They'll save us two hundred and sixty million dollars a

455
00:21:47,080 --> 00:21:48,440
Speaker 2: year and what we're paying on those things. So we

456
00:21:48,520 --> 00:21:50,960
Speaker 2: have a chat to the chair of the Commerce Commission.

457
00:21:50,960 --> 00:21:52,760
Speaker 2: Will be with us after seven. Right now, it's fourteen

458
00:21:52,800 --> 00:21:53,440
Speaker 2: away from seven.

459
00:21:53,920 --> 00:21:57,800
Speaker 1: International correspondence with Ends and Eye Insurance, Peace of mind

460
00:21:57,840 --> 00:22:00,199
Speaker 1: for New Zealand Business with.

461
00:22:00,240 --> 00:22:02,760
Speaker 2: Courts one of Richard Arnold' let us hey, Richard, Hey,

462
00:22:03,160 --> 00:22:04,879
Speaker 2: so what's the latest on the shooting in Wisconsin.

463
00:22:05,400 --> 00:22:07,000
Speaker 16: Well, you know it was a seven year old, a

464
00:22:07,040 --> 00:22:09,800
Speaker 16: seven year old kid who called police emergency from her

465
00:22:09,800 --> 00:22:12,800
Speaker 16: classroom to let people know that there was, yeah, another

466
00:22:12,880 --> 00:22:16,280
Speaker 16: deadly mass shooting in her school this time. So he

467
00:22:16,359 --> 00:22:20,679
Speaker 16: says Madison Police Chief Shon Barnes of the situation with this, I'll.

468
00:22:20,560 --> 00:22:24,480
Speaker 17: Let that so camp for a minute a second grade

469
00:22:24,520 --> 00:22:27,520
Speaker 17: student call nine one one.

470
00:22:27,320 --> 00:22:29,680
Speaker 16: Yeah, let it soak in so adding to the gun

471
00:22:29,680 --> 00:22:32,480
Speaker 16: crazy casually told. A teacher and a student were killed

472
00:22:32,520 --> 00:22:35,719
Speaker 16: in this Wisconsin attack. Five other students are dealing with

473
00:22:35,720 --> 00:22:38,520
Speaker 16: gunshot injuries. Two of these are in critical condition at

474
00:22:38,560 --> 00:22:42,720
Speaker 16: the minute. Another seven year old girl who witnessed all

475
00:22:42,720 --> 00:22:43,000
Speaker 16: of this.

476
00:22:43,080 --> 00:22:45,359
Speaker 18: Says, I just heard sighting in.

477
00:22:46,920 --> 00:22:48,879
Speaker 2: There was a teacher and she.

478
00:22:49,119 --> 00:22:52,200
Speaker 14: Was going to be like, oh my lag hel hell.

479
00:22:52,520 --> 00:22:54,840
Speaker 16: So a memory that will stay with that child forever,

480
00:22:55,240 --> 00:22:58,159
Speaker 16: no doubt. Another student twelve years old says of the

481
00:22:58,200 --> 00:23:01,320
Speaker 16: shooting and after math and the fifteen year old with

482
00:23:01,359 --> 00:23:04,119
Speaker 16: a handgun open fire on a mixed age study group.

483
00:23:04,400 --> 00:23:08,040
Speaker 9: They're crying somewhere, scared, Yeah, hugging each other.

484
00:23:08,680 --> 00:23:11,280
Speaker 16: The young shooter took her own life after the rampage,

485
00:23:11,280 --> 00:23:12,520
Speaker 16: says the police chief.

486
00:23:12,520 --> 00:23:15,320
Speaker 17: She was a student at the school and evidence suggests

487
00:23:15,760 --> 00:23:18,680
Speaker 17: she died from a self and afflicted gunshot.

488
00:23:18,720 --> 00:23:21,760
Speaker 16: Wine. So it's a girl this time. That is uncommon. Typically,

489
00:23:21,840 --> 00:23:24,639
Speaker 16: of course it's young boys. How does a fifteen year

490
00:23:24,720 --> 00:23:27,280
Speaker 16: old get a gun like this? Her family is said

491
00:23:27,320 --> 00:23:30,560
Speaker 16: to be cooperating, so we'll see this girl also left

492
00:23:30,560 --> 00:23:33,920
Speaker 16: behind a note. Wisconscinous Democratic Party Governor Tony Evers course,

493
00:23:34,080 --> 00:23:37,080
Speaker 16: is a gut wrenching tragedy. President Biden calls the shooting

494
00:23:37,160 --> 00:23:40,040
Speaker 16: quote shocking and unconscionable, and is calling on the US

495
00:23:40,080 --> 00:23:42,840
Speaker 16: Congress to act immediately on gun control. Fat chance of

496
00:23:42,840 --> 00:23:45,520
Speaker 16: that four hundred and eighty eight no shootings here this

497
00:23:45,640 --> 00:23:46,360
Speaker 16: year so.

498
00:23:46,480 --> 00:23:49,560
Speaker 2: Far, Jesus quite something, Richard. Listen, what's going on with

499
00:23:49,720 --> 00:23:52,720
Speaker 2: RFK Junior? Is he backing away from this anti vax stance?

500
00:23:54,640 --> 00:23:57,040
Speaker 16: Seems to be under pressure. You know, he is to

501
00:23:57,040 --> 00:24:00,000
Speaker 16: pick by Donald Trump to head the Health and Humor

502
00:24:00,080 --> 00:24:03,720
Speaker 16: and Services Department. He is on Capitol Hill right now

503
00:24:04,160 --> 00:24:07,000
Speaker 16: where his presence is raising questions about the polio vaccine

504
00:24:07,000 --> 00:24:09,399
Speaker 16: because you know how much about polioid these days, because

505
00:24:09,440 --> 00:24:12,640
Speaker 16: of the vaccine that was introduced in nineteen fifty five,

506
00:24:12,680 --> 00:24:14,720
Speaker 16: the Solt vaccine. Before that, it was one of the

507
00:24:14,760 --> 00:24:18,040
Speaker 16: most feared diseases in the world and in this country.

508
00:24:18,040 --> 00:24:20,920
Speaker 16: He said, in nineteen sixteen, over two thousand people died

509
00:24:20,920 --> 00:24:23,320
Speaker 16: of it, and in the worst year fifty two, more

510
00:24:23,320 --> 00:24:27,200
Speaker 16: than three thousand died. Many others was left with lifelong effects,

511
00:24:27,240 --> 00:24:31,040
Speaker 16: including FDR President Roosevelt, who got polioidt age thirty nine.

512
00:24:31,080 --> 00:24:32,720
Speaker 16: Had to get around in a wheelchair for the rest

513
00:24:32,720 --> 00:24:35,040
Speaker 16: of his life because he was partially paralyzed.

514
00:24:35,040 --> 00:24:35,800
Speaker 10: So Robert F.

515
00:24:35,840 --> 00:24:39,119
Speaker 16: Kennedy Junior has been questioning the use of the polio vaccine,

516
00:24:39,359 --> 00:24:41,760
Speaker 16: and the AP is reporting that r of case lawyer

517
00:24:41,840 --> 00:24:45,359
Speaker 16: petitioned recently to suspend approval for the vaccine. So this

518
00:24:45,520 --> 00:24:48,400
Speaker 16: was very much the issue on reporter's minds a short

519
00:24:48,440 --> 00:24:48,880
Speaker 16: time ago.

520
00:24:49,040 --> 00:24:52,119
Speaker 1: Mister Kennedy, do you believe in the polio vaccine? What

521
00:24:52,119 --> 00:24:53,879
Speaker 1: do you say to Americans who were worried you're going

522
00:24:53,920 --> 00:24:54,880
Speaker 1: to take away their vaccines?

523
00:24:54,920 --> 00:24:59,240
Speaker 16: Mister Kennedy, Yeah, So in the spotlight right now, he

524
00:24:59,280 --> 00:25:01,640
Speaker 16: seems to be rever seeing himself. But just days ago,

525
00:25:01,720 --> 00:25:02,879
Speaker 16: this is what he was saying about it.

526
00:25:03,000 --> 00:25:05,040
Speaker 19: Do you say to me that the you know, polio

527
00:25:05,119 --> 00:25:08,040
Speaker 19: vaccine was effective against polio? I'm going to say yes.

528
00:25:08,720 --> 00:25:11,600
Speaker 19: If if you said to me, did it kill more people?

529
00:25:11,760 --> 00:25:14,960
Speaker 19: That did caused more? Doin I've heard, I would say

530
00:25:15,000 --> 00:25:16,879
Speaker 19: I don't know, because we don't have the data.

531
00:25:17,040 --> 00:25:19,840
Speaker 16: Not enough data after sixty nine years of use and

532
00:25:19,920 --> 00:25:24,960
Speaker 16: polio being largely eradicated. The incoming president he said he

533
00:25:25,000 --> 00:25:27,840
Speaker 16: wanted arfk to go wild right on health issues. Now

534
00:25:28,119 --> 00:25:28,920
Speaker 16: is putting it this way.

535
00:25:29,000 --> 00:25:32,480
Speaker 5: I'm a big believer in it, and I think everything

536
00:25:32,480 --> 00:25:33,200
Speaker 5: should be looked at.

537
00:25:33,200 --> 00:25:35,240
Speaker 2: But I'm a big believer in the polio vaccines.

538
00:25:35,280 --> 00:25:37,159
Speaker 16: Well I didn't say that during the campaign, did he?

539
00:25:37,240 --> 00:25:40,160
Speaker 16: Then there is measles. Back in twenty nineteen, RAFC Junior

540
00:25:40,440 --> 00:25:45,560
Speaker 16: discourage people in Samoa from using measles vaccine. They followed

541
00:25:45,560 --> 00:25:48,160
Speaker 16: more than five thousand cases of measles and eighty three

542
00:25:48,240 --> 00:25:50,720
Speaker 16: children died of it. Meantime, Trump's choice to hit the

543
00:25:50,720 --> 00:25:53,720
Speaker 16: Pentagon a former Fox News Weekend co presenter, Pete Heggsas

544
00:25:54,080 --> 00:25:57,080
Speaker 16: still is seeking congressional backing. This is still all playing

545
00:25:57,080 --> 00:25:59,520
Speaker 16: out now. We find that Hexas is being escorted around

546
00:25:59,520 --> 00:26:02,080
Speaker 16: the Capitol by a fellow named John hasn't By, who

547
00:26:02,119 --> 00:26:05,040
Speaker 16: was deployed to Iraq eight times and won two Bronze Stars.

548
00:26:05,080 --> 00:26:09,400
Speaker 16: So quite a long military record there with all kinds

549
00:26:09,440 --> 00:26:12,680
Speaker 16: of new courageous interventions. But he also faced a court

550
00:26:12,720 --> 00:26:14,840
Speaker 16: martial which ended in a mistrial because a mate of

551
00:26:14,920 --> 00:26:17,120
Speaker 16: his had been talking to one of the jurors. They

552
00:26:17,119 --> 00:26:19,160
Speaker 16: didn't bother to do a second trial. But account say

553
00:26:19,200 --> 00:26:22,320
Speaker 16: that hasn't By a tack a civilian trainer knocking his

554
00:26:22,400 --> 00:26:25,959
Speaker 16: fellow into a concrete pillar, giving him quote hammerfist strikes

555
00:26:25,960 --> 00:26:28,440
Speaker 16: to his ribs and knee kicks to his face until

556
00:26:28,480 --> 00:26:30,399
Speaker 16: he was left hog tied in a pool of his

557
00:26:30,400 --> 00:26:33,920
Speaker 16: own blood. So part of the newly proposed Pentagon team.

558
00:26:34,920 --> 00:26:37,920
Speaker 2: Richard, thanks very much, very exciting, Richard Arnold UIs correspond.

559
00:26:37,920 --> 00:26:40,280
Speaker 2: I love listening to RFK June. Don't you always look

560
00:26:40,320 --> 00:26:43,040
Speaker 2: forward to it? This is like a malfunctioning AI every

561
00:26:43,040 --> 00:26:44,879
Speaker 2: time you hear him. Nine away from seven.

562
00:26:45,119 --> 00:26:49,080
Speaker 1: Heather Duplessy Ellen Bond the Mike Hosking Breakfast with Bailey's

563
00:26:49,119 --> 00:26:50,240
Speaker 1: real Estate News Talk.

564
00:26:50,359 --> 00:26:53,400
Speaker 2: The quick update on the situation with Wellington City Council.

565
00:26:53,520 --> 00:26:54,959
Speaker 2: So it was a big day for them yesterday they

566
00:26:55,000 --> 00:26:57,639
Speaker 2: actually managed to pass the long term plan. They managed

567
00:26:57,640 --> 00:27:00,320
Speaker 2: to headline they managed to pass the long term plan.

568
00:27:00,800 --> 00:27:03,440
Speaker 2: Was their last chance for the year to do it.

569
00:27:03,800 --> 00:27:05,520
Speaker 2: Just you know, this is what all the kafuffle about

570
00:27:05,520 --> 00:27:09,160
Speaker 2: the Crown Monitor, the Crown observers and stuff. Anyway, side

571
00:27:09,240 --> 00:27:12,399
Speaker 2: note though that's not even the real story. Torri Faro

572
00:27:12,520 --> 00:27:15,800
Speaker 2: has balls is the real story because after they pass

573
00:27:16,000 --> 00:27:19,480
Speaker 2: the long term plan, oh mate, who I think we

574
00:27:19,600 --> 00:27:22,360
Speaker 2: all know is massively offside of the government. Oh, mate,

575
00:27:22,359 --> 00:27:24,320
Speaker 2: gets up and she's like, I've got a word for

576
00:27:24,359 --> 00:27:27,560
Speaker 2: the government. She goes, We're a local council making decisions

577
00:27:27,600 --> 00:27:30,080
Speaker 2: for our local people. So with all due respect to

578
00:27:30,080 --> 00:27:32,240
Speaker 2: the government, it's not their decision. Just to remind her

579
00:27:32,320 --> 00:27:36,520
Speaker 2: of the government to stay in their lane. Wow, Like

580
00:27:36,680 --> 00:27:39,040
Speaker 2: for a woman who's just had the grown ups called

581
00:27:39,080 --> 00:27:42,199
Speaker 2: in on her, she's got courage, doesn't she. Anyway, The problem,

582
00:27:42,200 --> 00:27:43,960
Speaker 2: of course for her is that she is their lane

583
00:27:43,960 --> 00:27:46,640
Speaker 2: now because they've got the Crown Observer in there and

584
00:27:46,920 --> 00:27:49,800
Speaker 2: you know, so you know that seems a little bit difficult.

585
00:27:49,800 --> 00:27:51,240
Speaker 2: But anyway, whatever, you know, you got to give her,

586
00:27:51,320 --> 00:27:53,159
Speaker 2: got to give her, you know, a little bit of

587
00:27:53,160 --> 00:27:54,440
Speaker 2: credit for the fact she ain't going to go down

588
00:27:54,440 --> 00:27:59,119
Speaker 2: without a fight. So anyway, because because we were fascinated

589
00:27:59,119 --> 00:28:00,960
Speaker 2: by this fighting talk, Tory, you want to come on

590
00:28:01,000 --> 00:28:04,640
Speaker 2: the show, Nay said to Laurie, her deputy Lorri Foon,

591
00:28:04,760 --> 00:28:07,399
Speaker 2: you want to come on the show. Nah surprised me

592
00:28:07,440 --> 00:28:09,880
Speaker 2: to find out. Sam was telling me Tory hasn't been

593
00:28:09,880 --> 00:28:13,880
Speaker 2: on this show since she became mayor, which is I'm

594
00:28:13,920 --> 00:28:16,760
Speaker 2: alarmed by that. I am shocked by that. Sounds to

595
00:28:16,800 --> 00:28:18,560
Speaker 2: me like she'd only got fighting talk when you're not

596
00:28:18,600 --> 00:28:21,480
Speaker 2: in Actually just for the government, not for Mike Hosking anyway.

597
00:28:21,680 --> 00:28:24,480
Speaker 2: There's a little bit of a laying down the gauntlet, Tory.

598
00:28:24,520 --> 00:28:26,480
Speaker 2: Come and talk to Mike next year. See how you

599
00:28:26,520 --> 00:28:29,399
Speaker 2: go with that five away from seven, all the.

600
00:28:29,480 --> 00:28:33,320
Speaker 1: Ins and the ouse. It's the fizz with business timer,

601
00:28:33,520 --> 00:28:36,479
Speaker 1: take your business productivity to the next level, all right.

602
00:28:36,520 --> 00:28:38,040
Speaker 2: So the Bank of England might be holding off on

603
00:28:38,080 --> 00:28:40,200
Speaker 2: the next interest rate lowering because we've got new stat

604
00:28:40,200 --> 00:28:42,160
Speaker 2: growth numbers which show workers are going to be happy

605
00:28:42,240 --> 00:28:45,000
Speaker 2: heading into Christmas, aren't they. This is Official Office for

606
00:28:45,080 --> 00:28:49,040
Speaker 2: National Statistics data showed UK pay growth jump five percent

607
00:28:49,080 --> 00:28:50,960
Speaker 2: five point two for the month of October. Now it's

608
00:28:51,000 --> 00:28:54,080
Speaker 2: significant because it had been slowing down all over over

609
00:28:54,080 --> 00:28:56,880
Speaker 2: the year. It was the manufacturing sector and the private

610
00:28:56,920 --> 00:28:59,360
Speaker 2: pay that led the way. Wages rose four point four percent,

611
00:28:59,360 --> 00:29:01,600
Speaker 2: four point nine percent and five point two percent in

612
00:29:01,640 --> 00:29:06,240
Speaker 2: three consecutive quarters. Factory workers pay rose six percent. The

613
00:29:06,280 --> 00:29:09,240
Speaker 2: annual average regular earnings growth was five point four percent

614
00:29:09,280 --> 00:29:11,719
Speaker 2: for the private sector and a lower four point three

615
00:29:11,760 --> 00:29:13,959
Speaker 2: percent for the public sector. That's a gap that's got wider.

616
00:29:14,320 --> 00:29:17,200
Speaker 2: So that's growth and reserve banks don't like growth. When

617
00:29:17,240 --> 00:29:19,360
Speaker 2: they're trying to bring interest rates down. So now it's

618
00:29:19,480 --> 00:29:22,080
Speaker 2: likely to hold any further cups until next year because

619
00:29:22,080 --> 00:29:23,720
Speaker 2: they're going to want to drop from four point seventy

620
00:29:23,800 --> 00:29:26,160
Speaker 2: five to about four point one by the end of

621
00:29:26,200 --> 00:29:28,680
Speaker 2: twenty twenty five. Keep and I on. That's that's the

622
00:29:28,720 --> 00:29:31,440
Speaker 2: difficulty we don't have. We've got it coming down. We

623
00:29:31,480 --> 00:29:33,600
Speaker 2: ain't got no growth, which we're going to speak about

624
00:29:33,680 --> 00:29:38,280
Speaker 2: next actually with Jeff Knightingale, former tax partner at PwC,

625
00:29:38,480 --> 00:29:41,240
Speaker 2: give us take on the government's box opening yesterday. It was,

626
00:29:41,440 --> 00:29:44,120
Speaker 2: as we well know, we've discussed it. It's pretty ugly.

627
00:29:44,320 --> 00:29:46,800
Speaker 2: And then after that the immigration ministers have another look

628
00:29:46,800 --> 00:29:49,160
Speaker 2: at the old visas and trying to get the migrants

629
00:29:49,160 --> 00:29:50,560
Speaker 2: and make it a little bit easier to get them

630
00:29:50,560 --> 00:29:53,240
Speaker 2: in for longer at lower pay and more of them.

631
00:29:53,560 --> 00:29:55,760
Speaker 2: Talk to Business New Zealand about that. Newstalk z B.

632
00:30:00,840 --> 00:30:02,240
Speaker 10: Merry Christmas Boy.

633
00:30:04,880 --> 00:30:07,760
Speaker 1: Setting the news of Jedder and digging into the issues.

634
00:30:08,000 --> 00:30:11,920
Speaker 1: Heather Duplessy Ellen on the My asking Breakfast with Bailey's

635
00:30:11,920 --> 00:30:16,040
Speaker 1: real Estate, your local experts across residential, commercial and rural

636
00:30:16,080 --> 00:30:17,120
Speaker 1: news togs, that'd.

637
00:30:16,880 --> 00:30:18,800
Speaker 2: Be good morning to you. Well, we were expecting the

638
00:30:18,840 --> 00:30:20,960
Speaker 2: government's books to be bad, but probably not as bad

639
00:30:20,960 --> 00:30:23,360
Speaker 2: as they ended up being. Surplus won't happen by twenty

640
00:30:23,400 --> 00:30:25,920
Speaker 2: twenty eight that's now been pushed out so far doesn't

641
00:30:25,920 --> 00:30:28,200
Speaker 2: even show up in the Treasury forecast, meaning it's going

642
00:30:28,240 --> 00:30:30,200
Speaker 2: to be some time in the twenty thirties and we're

643
00:30:30,240 --> 00:30:32,320
Speaker 2: going to have to take on twenty billion dollars worth

644
00:30:32,360 --> 00:30:34,080
Speaker 2: of debt in the next four years just to make

645
00:30:34,080 --> 00:30:37,040
Speaker 2: the ends meet. Joining me now is former PwC partner

646
00:30:37,320 --> 00:30:41,360
Speaker 2: and independent tax expert Jeff Nightingale. Good morning, Jeff, good morning.

647
00:30:41,360 --> 00:30:42,400
Speaker 2: Here are you expecting this?

648
00:30:43,680 --> 00:30:47,080
Speaker 20: Well, it's actually but grimmer than even we were expecting.

649
00:30:47,120 --> 00:30:50,760
Speaker 20: The economy has deteriorated faster in the last six months,

650
00:30:50,800 --> 00:30:52,640
Speaker 20: and I think many of us expected.

651
00:30:52,960 --> 00:30:55,080
Speaker 2: So based on that. Given that that it's worse than

652
00:30:55,080 --> 00:30:56,960
Speaker 2: we expect, and we look at the figure showing that

653
00:30:56,960 --> 00:30:58,920
Speaker 2: we're going to grow somehow at three point three percent

654
00:30:58,920 --> 00:31:00,320
Speaker 2: and twenty twenty sixty that.

655
00:31:01,520 --> 00:31:02,000
Speaker 9: Yes, I do.

656
00:31:02,280 --> 00:31:06,760
Speaker 20: I think growth is coming. Interest rates coming down is

657
00:31:06,840 --> 00:31:11,840
Speaker 20: very important. That there are green shoots of economic activity

658
00:31:11,960 --> 00:31:15,440
Speaker 20: that you can see around US. Unemployments not as bad

659
00:31:15,440 --> 00:31:18,120
Speaker 20: as it was, wages are rising faster and all of

660
00:31:18,120 --> 00:31:20,280
Speaker 20: those things will contribute to the growth, So I don't

661
00:31:20,280 --> 00:31:25,280
Speaker 20: think the growth forecasts are optimistic, too optimistic. But the

662
00:31:25,320 --> 00:31:29,880
Speaker 20: worrying trend is that the government expenditure is persistently higher

663
00:31:29,920 --> 00:31:32,720
Speaker 20: than the government revenue. So we're running efforts, as you said,

664
00:31:33,200 --> 00:31:34,480
Speaker 20: right through to twenty twenty nine.

665
00:31:34,720 --> 00:31:36,200
Speaker 2: Yeah, I was just about to ask you about that.

666
00:31:36,240 --> 00:31:37,560
Speaker 2: Why do you think they can't get on top of

667
00:31:37,560 --> 00:31:39,040
Speaker 2: the expenditure.

668
00:31:39,600 --> 00:31:43,360
Speaker 20: Yeah, Look, it's really hard. They've taken a lot of

669
00:31:43,360 --> 00:31:45,920
Speaker 20: political hits and used up a lot of political capital

670
00:31:46,000 --> 00:31:50,760
Speaker 20: to drive cuts in government expenditure. But what the forecast

671
00:31:50,760 --> 00:31:55,080
Speaker 20: shows that they're really not getting traction. And you know,

672
00:31:55,920 --> 00:31:57,640
Speaker 20: as you said in your opening, we're going to borrow

673
00:31:57,680 --> 00:32:01,920
Speaker 20: another fifty billion dollars over the next four years, and

674
00:32:02,320 --> 00:32:05,440
Speaker 20: you know most of that will be on operation expenditure

675
00:32:05,520 --> 00:32:08,200
Speaker 20: rather than capital expenditure. So you know, bad debt not

676
00:32:08,280 --> 00:32:12,720
Speaker 20: good debt. There's three big drivers that are really hard

677
00:32:12,720 --> 00:32:14,600
Speaker 20: to get on top of. What one has benefits in

678
00:32:14,680 --> 00:32:18,200
Speaker 20: the biggest component of that as national super The second

679
00:32:18,200 --> 00:32:20,280
Speaker 20: one is the finance costs of the debt we've already

680
00:32:20,280 --> 00:32:23,239
Speaker 20: wrapped up so that we're paying interest of about eight

681
00:32:23,320 --> 00:32:26,880
Speaker 20: or nine billion a year now. And then the third

682
00:32:26,920 --> 00:32:30,120
Speaker 20: thing is new spending just because of population increases and

683
00:32:30,200 --> 00:32:32,680
Speaker 20: residual inflation that you know, just to stand still, we

684
00:32:32,720 --> 00:32:35,560
Speaker 20: have to spend more. And so it's a pretty tough

685
00:32:35,600 --> 00:32:37,400
Speaker 20: ask and I think what the four car shows is

686
00:32:37,400 --> 00:32:38,840
Speaker 20: they're not yet getting on top of it.

687
00:32:38,960 --> 00:32:40,960
Speaker 2: You're quite right, Jif, thank you very much, really appreciate

688
00:32:40,960 --> 00:32:44,640
Speaker 2: your expertise. Jef Nightingale form PwC partner in independent Taxics.

689
00:32:44,640 --> 00:32:46,960
Speaker 2: But Nicola will is the Finance minister on that after

690
00:32:47,000 --> 00:32:50,000
Speaker 2: half past it's ten past seventh togeather do for Sea

691
00:32:50,040 --> 00:32:52,760
Speaker 2: Allen Immigration Minister is making it easier for businesses to

692
00:32:52,840 --> 00:32:56,520
Speaker 2: hire migrants. She's changing work visa requirements again, meaning businesses

693
00:32:56,560 --> 00:32:58,920
Speaker 2: can pay them less, higher more and have them stay longer.

694
00:32:58,960 --> 00:33:03,040
Speaker 2: Business ends. It's Eocatherine Riches with us. Morning, Catherine, good morning.

695
00:33:03,200 --> 00:33:03,920
Speaker 2: You like the look of this.

696
00:33:05,040 --> 00:33:07,440
Speaker 21: Oh look this is great to step in the right direction.

697
00:33:07,720 --> 00:33:10,640
Speaker 21: There are lots of areas where businesses can't get the

698
00:33:10,680 --> 00:33:13,040
Speaker 21: skills and the experience they need, and the changes of

699
00:33:13,160 --> 00:33:15,520
Speaker 21: Erica Stanford have made will be really welcomed.

700
00:33:17,080 --> 00:33:19,280
Speaker 2: Was that threshold that they were being forced to pay,

701
00:33:19,320 --> 00:33:24,320
Speaker 2: which is at least the media in wage too high.

702
00:33:22,800 --> 00:33:25,600
Speaker 21: Yes it was. It ended up being an artificial proxy

703
00:33:25,800 --> 00:33:29,400
Speaker 21: for skill and experience. But what happened in effect was

704
00:33:29,480 --> 00:33:32,840
Speaker 21: that in some cases when businesses were hiring in people

705
00:33:32,880 --> 00:33:35,520
Speaker 21: from offshore, they ended up having to pay more than

706
00:33:35,960 --> 00:33:38,400
Speaker 21: their key we counterparts, and you can imagine that caused

707
00:33:38,400 --> 00:33:39,040
Speaker 21: a bit of friction.

708
00:33:39,560 --> 00:33:41,400
Speaker 2: Is it weird timing to be doing this at a

709
00:33:41,440 --> 00:33:44,240
Speaker 2: time when we're probably in recession again and we're laying

710
00:33:44,280 --> 00:33:46,800
Speaker 2: people off or is that too simplistic. You don't just

711
00:33:46,840 --> 00:33:48,160
Speaker 2: lay people off and they find a job in a

712
00:33:48,200 --> 00:33:50,840
Speaker 2: sector that needs them. No.

713
00:33:51,080 --> 00:33:53,080
Speaker 21: I think that is a bit simplistic. There are just

714
00:33:53,120 --> 00:33:55,760
Speaker 21: some areas in the economy where we either don't train

715
00:33:55,880 --> 00:33:59,640
Speaker 21: enough people or we don't train at all. And there

716
00:33:59,640 --> 00:34:05,280
Speaker 21: are some examples, for example in manufacturing where if you've

717
00:34:05,320 --> 00:34:07,880
Speaker 21: got to have someone who runs a particular piece of

718
00:34:08,320 --> 00:34:13,200
Speaker 21: pharmaceutical manufacturing kit or makes aluminium cans, you just simply

719
00:34:13,239 --> 00:34:16,240
Speaker 21: can't get enough people locally. There are lots of areas

720
00:34:16,239 --> 00:34:20,400
Speaker 21: where in New Zealand, because it's small, we simply don't train.

721
00:34:21,160 --> 00:34:22,880
Speaker 2: Catherine's really good to you to talk to you. I

722
00:34:22,880 --> 00:34:26,520
Speaker 2: really appreciated as Katherine Rich Business New Zealand CEO Heather

723
00:34:26,719 --> 00:34:28,919
Speaker 2: do for see ala the quoting the Labour Party about

724
00:34:28,920 --> 00:34:31,359
Speaker 2: fixing the economy as akin to pretending the arsonist didn't

725
00:34:31,400 --> 00:34:33,239
Speaker 2: light the fire, knowing that he did and will again

726
00:34:33,560 --> 00:34:35,719
Speaker 2: this is I mentioned this much earlier, but the Labour

727
00:34:35,760 --> 00:34:37,880
Speaker 2: Party press release on this is actually quite a treat

728
00:34:38,440 --> 00:34:41,959
Speaker 2: so it says. Labor calls fiscal update and nightmare before

729
00:34:42,040 --> 00:34:45,880
Speaker 2: Christmas for Nikola Willis. Labour says Finance Minister Nichola Willis's

730
00:34:45,880 --> 00:34:49,000
Speaker 2: reputation is in tatters after her failure to return the

731
00:34:49,000 --> 00:34:52,840
Speaker 2: government's books to surplus. Finance spokesperson Barbara Edmonds says the

732
00:34:52,880 --> 00:34:55,520
Speaker 2: half year Economic and Fiscal Update is the rotten cherry

733
00:34:55,840 --> 00:34:58,240
Speaker 2: on top of Willis's first year as the finance minister.

734
00:34:58,640 --> 00:35:01,319
Speaker 2: The damage she has done to the economy means the

735
00:35:01,360 --> 00:35:06,000
Speaker 2: recession will be longer and the recovery harder. A haa lols.

736
00:35:06,480 --> 00:35:08,960
Speaker 2: Hey as if you didn't even as if you're not

737
00:35:09,000 --> 00:35:12,360
Speaker 2: even responsible for it. Let's just remind everybody the reason

738
00:35:12,400 --> 00:35:15,720
Speaker 2: that we are in probably the third recession is because

739
00:35:15,719 --> 00:35:18,000
Speaker 2: we've been put here by Adrian Or to try to

740
00:35:18,040 --> 00:35:21,360
Speaker 2: get inflation down, and inflation was up because Grant was

741
00:35:21,440 --> 00:35:23,960
Speaker 2: spending the dollars, So don't pretend you got nothing to

742
00:35:24,000 --> 00:35:24,440
Speaker 2: do with that.

743
00:35:24,640 --> 00:35:29,360
Speaker 16: Twelve past seven, The Mike Asking Breakfast Fall Show podcast

744
00:35:29,520 --> 00:35:32,200
Speaker 16: on iHeartRadio, Howard By News talks.

745
00:35:31,920 --> 00:35:33,759
Speaker 2: At b whether it sounds like we need to take

746
00:35:33,800 --> 00:35:36,680
Speaker 2: a look at the Argentinian president's success. Actually, thank you

747
00:35:36,719 --> 00:35:38,440
Speaker 2: for raising that. I'm going to run you because there's more.

748
00:35:38,480 --> 00:35:40,600
Speaker 2: I'm going to run you through that shortly, and then

749
00:35:40,600 --> 00:35:42,399
Speaker 2: we're going to talk to Nichola Willis after half past

750
00:35:42,440 --> 00:35:44,359
Speaker 2: It's quarter past seven at the minute. Now, good news

751
00:35:44,360 --> 00:35:46,880
Speaker 2: for you. Credit card fees are coming down. The Commas

752
00:35:46,880 --> 00:35:49,080
Speaker 2: Commission has this morning finally released a plan for how

753
00:35:49,120 --> 00:35:51,239
Speaker 2: they're going to deal with these excessive fees when you're going,

754
00:35:51,320 --> 00:35:53,640
Speaker 2: you know, you tap your card to buy your chocolate

755
00:35:53,719 --> 00:35:55,880
Speaker 2: milk at the dairy. The end result is that we

756
00:35:55,920 --> 00:35:58,720
Speaker 2: should all be about two hundred and sixteen, two hundred

757
00:35:58,719 --> 00:36:01,319
Speaker 2: and sixty million dollars better off and joining us now

758
00:36:01,320 --> 00:36:03,280
Speaker 2: as the Commerce Commission's chaired doctor John.

759
00:36:03,080 --> 00:36:05,719
Speaker 12: Small John, Hello, Hey, good morning, Heather.

760
00:36:06,320 --> 00:36:08,560
Speaker 2: I love the sound of this. How do master Card

761
00:36:08,600 --> 00:36:09,600
Speaker 2: and Visa feel about it?

762
00:36:10,440 --> 00:36:12,120
Speaker 12: Oh, look, there's a lot of people who are not

763
00:36:12,239 --> 00:36:15,200
Speaker 12: very happy about it, and yeah, they are on the

764
00:36:15,200 --> 00:36:19,560
Speaker 12: list for sure. I look at it. I described as

765
00:36:19,640 --> 00:36:21,719
Speaker 12: a balanced decision, which means that it is going to

766
00:36:21,760 --> 00:36:24,640
Speaker 12: annoy quite a few people. But what we're doing here

767
00:36:24,719 --> 00:36:28,680
Speaker 12: is taking to cost out of the system. We've consulted

768
00:36:28,719 --> 00:36:31,040
Speaker 12: pretty widely on it, and we think that we've got

769
00:36:31,400 --> 00:36:34,879
Speaker 12: ourselves to a point where we can simplify these rates,

770
00:36:34,920 --> 00:36:37,560
Speaker 12: bring them down, and then once that costs out of

771
00:36:37,600 --> 00:36:39,359
Speaker 12: the system there next year we're going to look at

772
00:36:39,800 --> 00:36:42,279
Speaker 12: how to deal with the surcharging on top of that

773
00:36:42,400 --> 00:36:43,840
Speaker 12: lower cost.

774
00:36:43,600 --> 00:36:46,120
Speaker 2: Boat how much is it dropping as a proportion of

775
00:36:46,160 --> 00:36:46,840
Speaker 2: what we're paying.

776
00:36:46,640 --> 00:36:52,480
Speaker 12: At the moment, the around about a quarter of the

777
00:36:52,640 --> 00:36:56,040
Speaker 12: total cost of accepting payments is coming out, So we

778
00:36:56,080 --> 00:36:59,439
Speaker 12: think about two hundred and sixty million a year out

779
00:36:59,480 --> 00:37:01,760
Speaker 12: of the out of a cost that's.

780
00:37:02,280 --> 00:37:04,520
Speaker 2: Ending up with much creaming it, aren't they.

781
00:37:07,120 --> 00:37:10,360
Speaker 12: Look, there's what's important here is that there's quite a

782
00:37:10,360 --> 00:37:12,239
Speaker 12: few people. To understand, it's quite a few people in

783
00:37:12,280 --> 00:37:15,440
Speaker 12: this chain that need a little bit of money, but

784
00:37:15,480 --> 00:37:18,239
Speaker 12: they only need a little bit each. So you know,

785
00:37:18,280 --> 00:37:20,319
Speaker 12: you've got the banks who are serving the merchants, You've

786
00:37:20,320 --> 00:37:24,200
Speaker 12: got the town providers, you've got the payment service providers.

787
00:37:24,680 --> 00:37:27,600
Speaker 12: So we're going for as a system where everybody gets

788
00:37:27,640 --> 00:37:30,600
Speaker 12: a little bit enough to keep them going, but the

789
00:37:30,719 --> 00:37:32,000
Speaker 12: end result was not excessive.

790
00:37:32,600 --> 00:37:35,040
Speaker 2: Now, something that you were kind of just touching on before,

791
00:37:35,080 --> 00:37:37,120
Speaker 2: how do you actually how are you going to make

792
00:37:37,160 --> 00:37:39,319
Speaker 2: sure that when I go to the dairy and I

793
00:37:39,360 --> 00:37:41,760
Speaker 2: do tap my card, that I am actually not paying

794
00:37:41,760 --> 00:37:42,680
Speaker 2: more than I'm supposed to.

795
00:37:43,600 --> 00:37:49,520
Speaker 12: Yeah, so we do have power to regulate surcharges, and

796
00:37:49,560 --> 00:37:52,879
Speaker 12: that's what that's the next step after we get through

797
00:37:52,880 --> 00:37:55,960
Speaker 12: this consultation. Remember this is a draft decision. We're going

798
00:37:56,000 --> 00:37:57,799
Speaker 12: to be flooded with stuff in the new years and

799
00:37:57,960 --> 00:38:01,000
Speaker 12: feedback from people who so much were and understand things,

800
00:38:01,040 --> 00:38:03,920
Speaker 12: and you know, so once we get through that and

801
00:38:03,960 --> 00:38:06,720
Speaker 12: we get a final decision on this, then we turned

802
00:38:06,719 --> 00:38:09,840
Speaker 12: to surcharging off. Whatever the cost base happens to be.

803
00:38:10,480 --> 00:38:13,120
Speaker 12: We've got we can put in rules about it. But

804
00:38:13,160 --> 00:38:15,600
Speaker 12: it's also going to be really important to see an expectation,

805
00:38:15,680 --> 00:38:18,799
Speaker 12: I think, for the public about what they can what

806
00:38:18,840 --> 00:38:22,800
Speaker 12: they can expect to be surcharged, and what seems excessive.

807
00:38:23,239 --> 00:38:28,040
Speaker 12: So we'll be relying heavily on public understanding of what's

808
00:38:28,120 --> 00:38:28,920
Speaker 12: reason and what's not.

809
00:38:29,600 --> 00:38:31,919
Speaker 2: Brilliant, John, thank you so much. Appreciated doctor John Small

810
00:38:31,920 --> 00:38:35,239
Speaker 2: Commerce commission share all right. So on Argentina. The case

811
00:38:35,280 --> 00:38:39,080
Speaker 2: of Argentina is an interesting one because the Argentinian election

812
00:38:39,239 --> 00:38:42,040
Speaker 2: was not that far apart from ours. So our government

813
00:38:42,040 --> 00:38:44,320
Speaker 2: has been in power for about a year, and Javier

814
00:38:44,520 --> 00:38:47,879
Speaker 2: Malay has also been Wolverine has also been in charge

815
00:38:47,920 --> 00:38:50,239
Speaker 2: of Argentina for around about a year. So the news

816
00:38:50,280 --> 00:38:53,120
Speaker 2: that yesterday I mentioned it yesterday because what happened yesterday

817
00:38:53,200 --> 00:38:55,080
Speaker 2: was they got inflation down to two point four percent,

818
00:38:55,120 --> 00:38:57,560
Speaker 2: WHI would be roughly where we are right now, right,

819
00:38:57,560 --> 00:39:00,520
Speaker 2: but they were coming from I think was it had

820
00:39:00,560 --> 00:39:03,239
Speaker 2: peaked at about twenty five percent. They mentioned it, they

821
00:39:03,280 --> 00:39:06,279
Speaker 2: measure it monthly. Twenty five percent down to two point

822
00:39:06,280 --> 00:39:09,040
Speaker 2: five percent is an incredible effort by them. How and

823
00:39:09,360 --> 00:39:12,520
Speaker 2: then overnight we also got the news that they've just

824
00:39:12,560 --> 00:39:14,840
Speaker 2: come out of recession. So they've been in recession for

825
00:39:14,880 --> 00:39:18,840
Speaker 2: about a year and they just the last quarter July

826
00:39:18,920 --> 00:39:21,680
Speaker 2: to September got a bounds of three point nine percent growth. Now,

827
00:39:21,760 --> 00:39:23,960
Speaker 2: what's going on here? How he's managed to make this

828
00:39:24,440 --> 00:39:26,960
Speaker 2: work is he's just gone and done exactly the thing

829
00:39:26,960 --> 00:39:28,560
Speaker 2: that I think that our government needs to do, and

830
00:39:28,600 --> 00:39:32,120
Speaker 2: he's cut public spending hard, cut thirty thousand public servants,

831
00:39:32,280 --> 00:39:35,360
Speaker 2: cut thirty percent of government spending. The risk of default

832
00:39:35,360 --> 00:39:37,920
Speaker 2: by JP Morgan, as measured by JP Morgan, has fallen

833
00:39:37,920 --> 00:39:41,040
Speaker 2: from around two thousand when he took office late last

834
00:39:41,120 --> 00:39:43,320
Speaker 2: year to about seven hundred and fifty now. It's lowest

835
00:39:43,360 --> 00:39:47,279
Speaker 2: level in five years. He has cut eighteen ministries down

836
00:39:47,280 --> 00:39:50,040
Speaker 2: to eight. He's halted the vast majority of public works,

837
00:39:50,120 --> 00:39:53,479
Speaker 2: ended most transfers to provincial governments. He's gone and cut

838
00:39:53,600 --> 00:39:55,719
Speaker 2: red tape, which was in everything from air travel to

839
00:39:55,760 --> 00:39:59,000
Speaker 2: apartment rentals, to divorce to satellite internet and all of

840
00:39:59,040 --> 00:40:02,360
Speaker 2: these things. Right, so he has done all of the cutting.

841
00:40:02,480 --> 00:40:05,120
Speaker 2: It's been brave done the cutting. Our government is not

842
00:40:05,239 --> 00:40:07,600
Speaker 2: so keen to do exactly that, and it's actually ended

843
00:40:07,680 --> 00:40:11,040
Speaker 2: up being reasonably popular, reasonably popular as a result. It's

844
00:40:11,080 --> 00:40:13,040
Speaker 2: not to say that this is not going to hurt people.

845
00:40:13,080 --> 00:40:15,160
Speaker 2: It will hurt people. There are always people who are

846
00:40:15,200 --> 00:40:17,600
Speaker 2: hurt when you stop spending government money. But you have

847
00:40:17,640 --> 00:40:19,360
Speaker 2: to wonder whether the pain is worth the gain that

848
00:40:19,400 --> 00:40:21,640
Speaker 2: you get. Nikola willis with us after half past seven

849
00:40:21,800 --> 00:40:23,600
Speaker 2: on why she doesn't go down a similar path.

850
00:40:24,000 --> 00:40:30,640
Speaker 1: Seven The Mike Asking Breakfast Full Show podcast on iHeartRadio

851
00:40:30,920 --> 00:40:32,120
Speaker 1: powered by News Talks.

852
00:40:32,120 --> 00:40:32,400
Speaker 10: That'd be.

853
00:40:34,800 --> 00:40:37,400
Speaker 2: Seven two listen. If you had to pick a theme

854
00:40:37,440 --> 00:40:39,400
Speaker 2: for this particular week that we're in right now, it

855
00:40:39,440 --> 00:40:42,399
Speaker 2: would be the theme of just a week of bad economic news,

856
00:40:42,440 --> 00:40:44,120
Speaker 2: isn't it. I mean we've got the government books opening

857
00:40:44,160 --> 00:40:47,439
Speaker 2: yesterday which were horrific, got the current account deficit which

858
00:40:47,440 --> 00:40:48,920
Speaker 2: will be laid bare today. And then we've got the

859
00:40:48,960 --> 00:40:52,840
Speaker 2: recession that we're probably in, which should be confirmed tomorrow.

860
00:40:52,880 --> 00:40:54,799
Speaker 2: So it's it's a it's a it's a tough week, right,

861
00:40:54,800 --> 00:40:56,239
Speaker 2: it's gonna it's a week that's going to tell us

862
00:40:56,680 --> 00:40:59,040
Speaker 2: things are not going very well. So it's a weird week,

863
00:40:59,200 --> 00:41:01,400
Speaker 2: don't you think for the unions to be as agitated

864
00:41:01,400 --> 00:41:04,000
Speaker 2: as they are over the minimum wage increase which came

865
00:41:04,040 --> 00:41:06,640
Speaker 2: out yesterday, found out yesterday's going to be thirty five

866
00:41:06,680 --> 00:41:09,960
Speaker 2: cents an hour. Unions are desperate to paint this as miserly.

867
00:41:10,200 --> 00:41:13,440
Speaker 2: It's actually not that miserly. If you've been tracking the

868
00:41:13,440 --> 00:41:16,120
Speaker 2: minimum wage increases in the last I don't know, however long,

869
00:41:16,719 --> 00:41:19,040
Speaker 2: go back a decade. The increase came in at twenty

870
00:41:19,080 --> 00:41:22,400
Speaker 2: five cents quite a few times under the last National government.

871
00:41:22,400 --> 00:41:24,920
Speaker 2: It only looks miserly when you compare it to the

872
00:41:24,960 --> 00:41:27,919
Speaker 2: excessive increases that we've seen under the Arderne government, which

873
00:41:27,960 --> 00:41:30,600
Speaker 2: were often around about a dollar twenty or thereabouts. It

874
00:41:30,640 --> 00:41:33,000
Speaker 2: was like really high stuff that they were passing through.

875
00:41:33,440 --> 00:41:35,920
Speaker 2: This one comes in at a percent of straate of

876
00:41:35,920 --> 00:41:38,840
Speaker 2: one point five percent, which isn't actually that far behind

877
00:41:38,880 --> 00:41:42,160
Speaker 2: inflation at the minute, which is two point two percent. Actually,

878
00:41:42,560 --> 00:41:44,440
Speaker 2: when you look at it over the last few years,

879
00:41:44,440 --> 00:41:47,520
Speaker 2: minimum wage workers have done pretty well, and I would

880
00:41:47,560 --> 00:41:49,680
Speaker 2: say probably better than most of us. If you look

881
00:41:49,680 --> 00:41:53,080
Speaker 2: from twenty eighteen when the last labor lot started adjusting

882
00:41:53,120 --> 00:41:56,200
Speaker 2: the minimum wage, the minimum wage worker has increased their

883
00:41:56,280 --> 00:42:01,239
Speaker 2: pay by forty two percent hands who else's pay went

884
00:42:01,360 --> 00:42:04,480
Speaker 2: up by forty two percent. That way outstrips even the

885
00:42:04,520 --> 00:42:06,560
Speaker 2: inflation rate over the same period, which I worked out

886
00:42:06,600 --> 00:42:09,680
Speaker 2: as being around about twenty six percent, So they're definitely

887
00:42:09,719 --> 00:42:12,640
Speaker 2: doing okay on this. Now, I know a worker who's

888
00:42:12,680 --> 00:42:15,160
Speaker 2: not on the minimum wage who is about to sign

889
00:42:15,160 --> 00:42:18,080
Speaker 2: a contract that's got no pay increase in it. They're

890
00:42:18,120 --> 00:42:20,560
Speaker 2: taking the same pay as they took about three years ago,

891
00:42:20,640 --> 00:42:23,320
Speaker 2: and they're grateful for it because at least they have

892
00:42:23,400 --> 00:42:26,160
Speaker 2: got a job given the state of the economy, the

893
00:42:26,239 --> 00:42:28,400
Speaker 2: Defense Force. Look at what's going on there. They've just

894
00:42:28,480 --> 00:42:31,279
Speaker 2: been offered a zero percent pay offer. Now, despite the

895
00:42:31,320 --> 00:42:32,880
Speaker 2: way that the unions see the world, this is not

896
00:42:32,920 --> 00:42:35,600
Speaker 2: a decision that only affects one party, right. It's not

897
00:42:35,640 --> 00:42:37,960
Speaker 2: just about the worker. It's also about the employer who

898
00:42:37,960 --> 00:42:39,759
Speaker 2: has to pay that bill. And it's very hard to

899
00:42:39,760 --> 00:42:42,000
Speaker 2: be an employer right now now. I know unions have

900
00:42:42,040 --> 00:42:44,759
Speaker 2: got a job to do, which increasingly does appear to

901
00:42:44,760 --> 00:42:47,080
Speaker 2: just simply be publicly losing their minds over anything that

902
00:42:47,120 --> 00:42:49,160
Speaker 2: this government does. But they need to read the room

903
00:42:49,200 --> 00:42:52,479
Speaker 2: on this one. The economy is kind of stuffed. Any

904
00:42:52,520 --> 00:42:54,960
Speaker 2: pay rise right now is a good thing because it

905
00:42:55,000 --> 00:42:55,880
Speaker 2: shows you still.

906
00:42:55,719 --> 00:43:02,000
Speaker 3: Have a job, Heaver Duplessy Llen, You.

907
00:43:01,960 --> 00:43:04,000
Speaker 2: Want to see what a district court judge and the

908
00:43:04,040 --> 00:43:07,160
Speaker 2: boyfriend have been up to. Are you ready for this?

909
00:43:07,320 --> 00:43:09,520
Speaker 2: Brace yourself, okay, because you don't get this kind of

910
00:43:09,520 --> 00:43:13,360
Speaker 2: behavior down at the living Cosmopolitan club, do you, judge.

911
00:43:13,360 --> 00:43:17,040
Speaker 2: Emma Aiken and her boyfriend, the intensive care specialist David Galla,

912
00:43:17,160 --> 00:43:19,520
Speaker 2: were at an end of year bash for district judges

913
00:43:19,920 --> 00:43:23,720
Speaker 2: at Auckland's exclusive Northern Club last month when they realized

914
00:43:23,719 --> 00:43:26,719
Speaker 2: that Winnie P and New Zealand First were next door

915
00:43:26,719 --> 00:43:29,840
Speaker 2: for a private function, so they gate crashed it. What

916
00:43:29,960 --> 00:43:32,880
Speaker 2: happened was Judge Emma was going to do the wheeze,

917
00:43:33,320 --> 00:43:35,200
Speaker 2: She's go off to the toilet when she heard, oh,

918
00:43:35,239 --> 00:43:37,960
Speaker 2: that's Winston talking next door. So she thought, I know,

919
00:43:38,160 --> 00:43:40,480
Speaker 2: I'll get myself invited to the party. And when she

920
00:43:40,520 --> 00:43:43,000
Speaker 2: couldn't get in the room, she shouted, hey, hey's lying.

921
00:43:43,360 --> 00:43:46,520
Speaker 2: How can you let him say that? So she got

922
00:43:46,520 --> 00:43:48,759
Speaker 2: stopped by the party secretary. Just remind her this is

923
00:43:48,760 --> 00:43:51,800
Speaker 2: a district court. Judge got stopped by the party secretary,

924
00:43:51,840 --> 00:43:54,080
Speaker 2: and eventually, after the party secretary wouldn't let her in,

925
00:43:54,160 --> 00:43:57,200
Speaker 2: she decided to leave. But then the boyfriend arrived. He's

926
00:43:57,280 --> 00:44:00,000
Speaker 2: the doctor, and he hung around there for about twenty minute,

927
00:44:00,640 --> 00:44:02,719
Speaker 2: at which point Winnie P had done his speech and

928
00:44:02,760 --> 00:44:04,880
Speaker 2: he decided he was going to leave. So the doctor

929
00:44:04,920 --> 00:44:07,919
Speaker 2: blocks when he's exit and says, you're doing a shit

930
00:44:08,040 --> 00:44:11,640
Speaker 2: job in government. So at this point the Chief of Staff,

931
00:44:11,719 --> 00:44:14,080
Speaker 2: Derrek Bull, who used to be an MP, turns up

932
00:44:14,120 --> 00:44:16,000
Speaker 2: to try to help Winnie to actually get through the

933
00:44:16,080 --> 00:44:19,839
Speaker 2: room and pass. The doctor gets him out. He comes back,

934
00:44:19,880 --> 00:44:23,960
Speaker 2: he finds the doctor allegedly verbally attacking Casey Costello because

935
00:44:24,040 --> 00:44:27,160
Speaker 2: the doctor's upset about the smoking stuff. Then I know

936
00:44:27,200 --> 00:44:28,719
Speaker 2: you're like, can this actually get into it? Yes, it

937
00:44:28,760 --> 00:44:32,640
Speaker 2: can get worse. Then prominent barrister Michael Reid Casey allegedly

938
00:44:32,680 --> 00:44:35,480
Speaker 2: turns up starts taking photos of New Zealand First guests,

939
00:44:35,760 --> 00:44:39,359
Speaker 2: including Shane Jones's wife Dot, despite the Northern Club saying

940
00:44:39,360 --> 00:44:41,799
Speaker 2: you can't do this, he won't stop. The staff try

941
00:44:41,840 --> 00:44:44,480
Speaker 2: to intervene, someone starts filming him. The videos out there now.

942
00:44:44,480 --> 00:44:46,200
Speaker 2: He says to one of the staff members, don't touch

943
00:44:46,239 --> 00:44:48,320
Speaker 2: me because you will be sued for a lot of money.

944
00:44:48,719 --> 00:44:51,799
Speaker 2: He did not respond to any requests for comment. Then

945
00:44:52,440 --> 00:44:55,319
Speaker 2: the staff apparently identified the doctor go and they're like, oh,

946
00:44:55,360 --> 00:44:57,319
Speaker 2: that's him right there. He was one of the troublemakers.

947
00:44:57,320 --> 00:45:00,440
Speaker 2: And apparently the doctor allegedly then says to the staffer,

948
00:45:00,480 --> 00:45:04,640
Speaker 2: who's Indian, this used to be a respectable place. Since

949
00:45:04,680 --> 00:45:07,360
Speaker 2: when did we start allowing Indians to enter this club.

950
00:45:07,680 --> 00:45:10,279
Speaker 2: Hay denies all of this, by the way, says it

951
00:45:10,320 --> 00:45:12,800
Speaker 2: never happened, but admits he did make some response remarks

952
00:45:12,800 --> 00:45:14,960
Speaker 2: to Winston Peters and Casey Costello because, as I say,

953
00:45:15,000 --> 00:45:21,399
Speaker 2: he cares about smoking, so dispute it. But out there

954
00:45:21,440 --> 00:45:23,120
Speaker 2: and I think clearly some people were having a good

955
00:45:23,160 --> 00:45:25,960
Speaker 2: time on the ras. Don't you think news is next?

956
00:45:28,280 --> 00:45:29,239
Speaker 16: The next.

957
00:45:33,560 --> 00:45:35,520
Speaker 10: The breakfast show? You can throw us?

958
00:45:35,600 --> 00:45:39,719
Speaker 1: Heather dup c Allen on the mic, hosting Breakfast with Alvida,

959
00:45:39,840 --> 00:45:43,279
Speaker 1: Retirement Communities, Life Your Way, News, Togs, Dead vs.

960
00:45:44,640 --> 00:45:44,759
Speaker 10: Right.

961
00:45:44,840 --> 00:45:47,719
Speaker 2: Mart and Jinny are with us for Politics Wednesday after eight.

962
00:45:47,920 --> 00:45:49,680
Speaker 2: Right now, as we said earlier, the state of the

963
00:45:49,719 --> 00:45:52,000
Speaker 2: government's box is worse than expected. We're not going to

964
00:45:52,000 --> 00:45:55,000
Speaker 2: be getting to surplus anytime this decade. So the government's

965
00:45:55,040 --> 00:45:57,279
Speaker 2: changed the way that we actually measure the surplus. Leaving

966
00:45:57,280 --> 00:45:59,160
Speaker 2: our acc makes it look a little bit better, gets

967
00:45:59,239 --> 00:46:01,959
Speaker 2: us to surplus by two nine. Productivity is down, growth

968
00:46:02,040 --> 00:46:04,480
Speaker 2: is down, tax takers down. Only two things that are

969
00:46:04,520 --> 00:46:07,400
Speaker 2: going up is debt and interest repayments. Finance Minister Nikola

970
00:46:07,440 --> 00:46:09,040
Speaker 2: Allis is with us now, Hey, Nicola.

971
00:46:09,400 --> 00:46:11,600
Speaker 22: Hey, the other thing that's going up is growth next year.

972
00:46:11,640 --> 00:46:15,440
Speaker 2: So that's a positive zero point five percent, yeah.

973
00:46:15,280 --> 00:46:18,040
Speaker 22: And then it recovers beyond that. But after several years

974
00:46:18,160 --> 00:46:21,160
Speaker 22: bouncing along the bottom and recessionary conditions, that period of

975
00:46:21,160 --> 00:46:23,400
Speaker 22: sustained growth will feel a lot better. We do need

976
00:46:23,440 --> 00:46:25,560
Speaker 22: to drive it higher. That's a big focus for the government.

977
00:46:25,840 --> 00:46:27,919
Speaker 2: Look, I take your point, but we are still going

978
00:46:27,920 --> 00:46:29,960
Speaker 2: backwards poo capita next year, aren't we. I mean so

979
00:46:30,000 --> 00:46:31,400
Speaker 2: I'm literally going to be getting poorer.

980
00:46:31,960 --> 00:46:35,800
Speaker 22: Oh look, there's no sugarcoating it. Yesterday what the Treasury

981
00:46:35,880 --> 00:46:39,000
Speaker 22: presented was a tough set of books that represent significant

982
00:46:39,080 --> 00:46:42,080
Speaker 22: economic challenges for New Zealand. Now the government is going

983
00:46:42,120 --> 00:46:44,479
Speaker 22: to do the right things. One we're going to stick

984
00:46:44,560 --> 00:46:47,600
Speaker 22: to a medium term path of fiscal consolidation, being very

985
00:46:47,640 --> 00:46:51,880
Speaker 22: disciplined about the spending due and two get very serious

986
00:46:52,000 --> 00:46:55,080
Speaker 22: about addressing this productivity disease that New Zealand has been

987
00:46:55,120 --> 00:46:58,719
Speaker 22: suffering now for a couple of decades. So driving those

988
00:46:58,760 --> 00:47:01,800
Speaker 22: growth leaders is going to be essential for New Zealand

989
00:47:01,840 --> 00:47:04,600
Speaker 22: to pay down its debt and provide better opportunities for

990
00:47:04,640 --> 00:47:05,120
Speaker 22: its people.

991
00:47:05,280 --> 00:47:07,120
Speaker 2: Why don't you cut harder so that we get to

992
00:47:07,120 --> 00:47:09,240
Speaker 2: surplus faster, so we pay down our debt faster.

993
00:47:10,719 --> 00:47:13,400
Speaker 22: Because there are commitments that we have made to the

994
00:47:13,480 --> 00:47:16,160
Speaker 22: New Zealand people. One that we are going to keep

995
00:47:16,160 --> 00:47:19,279
Speaker 22: improving frontline services and that will require more resources p

996
00:47:19,360 --> 00:47:23,239
Speaker 22: US schools, for our health system, for our police and

997
00:47:23,320 --> 00:47:25,879
Speaker 22: two because what we've said will do is do that

998
00:47:25,920 --> 00:47:28,000
Speaker 22: in a sensible way. So we will have to deliver

999
00:47:28,080 --> 00:47:32,560
Speaker 22: savings in order to provide those extra resources elsewhere. Just

1000
00:47:32,719 --> 00:47:36,120
Speaker 22: to make sure that we're meeting frontline service demands will

1001
00:47:36,160 --> 00:47:41,280
Speaker 22: require significant reprioritization across government. We're doing that work now. Actually,

1002
00:47:41,280 --> 00:47:44,040
Speaker 22: in our last budget we delivered twenty three billion dollars

1003
00:47:44,120 --> 00:47:47,160
Speaker 22: worth of savings, so I have conviction that we will

1004
00:47:47,160 --> 00:47:49,200
Speaker 22: be able to deliver significance by spending.

1005
00:47:49,280 --> 00:47:51,640
Speaker 2: I mean, if you look at the public consumption figures

1006
00:47:52,200 --> 00:47:54,600
Speaker 2: you've owned that you were expecting to cut by one

1007
00:47:54,640 --> 00:47:56,680
Speaker 2: point four percent, you've only cut by zero point two percent.

1008
00:47:56,719 --> 00:47:57,600
Speaker 2: That's not even a cut.

1009
00:47:58,239 --> 00:48:01,080
Speaker 22: Well, the major factor there is that when, as when

1010
00:48:01,080 --> 00:48:03,719
Speaker 22: any economy is smaller than it was forecast to be,

1011
00:48:03,840 --> 00:48:07,400
Speaker 22: which is the case, then actually spending is proportion of

1012
00:48:07,440 --> 00:48:10,120
Speaker 22: the economy looks larger. And so that brings me back

1013
00:48:10,120 --> 00:48:12,400
Speaker 22: to the point I'm making. Yes, more discipline about the

1014
00:48:12,400 --> 00:48:15,759
Speaker 22: spending that's important, but also driving growth is going to

1015
00:48:15,800 --> 00:48:19,360
Speaker 22: be really relevant in these next few years.

1016
00:48:20,160 --> 00:48:22,000
Speaker 2: Regardless of the size of the economy, in real terms,

1017
00:48:22,040 --> 00:48:24,680
Speaker 2: your spending is far higher than Grant Robinsons you can't

1018
00:48:24,719 --> 00:48:25,279
Speaker 2: be proud of that.

1019
00:48:26,080 --> 00:48:29,839
Speaker 22: We are having far less discretionary spending than he did

1020
00:48:29,920 --> 00:48:33,600
Speaker 22: so his operating allowances. That's the amount of discretionary additional

1021
00:48:33,600 --> 00:48:36,520
Speaker 22: money you put in at each budget average more than

1022
00:48:36,520 --> 00:48:39,719
Speaker 22: four billion dollars. We're sticking to a path where they

1023
00:48:39,760 --> 00:48:42,560
Speaker 22: are only two point four billion dollars. They haven't been

1024
00:48:42,560 --> 00:48:46,600
Speaker 22: that low since Steven Choice delivered a budget. So we

1025
00:48:46,640 --> 00:48:50,520
Speaker 22: are sticking to a very disciplined path. And yes, it

1026
00:48:50,600 --> 00:48:54,800
Speaker 22: is true that we could have much more significant reductions

1027
00:48:54,800 --> 00:48:57,200
Speaker 22: in spending. The judgment that we have made is that

1028
00:48:57,200 --> 00:49:01,120
Speaker 22: that could sacrifice the economic recovery and lead to diminishing

1029
00:49:01,120 --> 00:49:03,279
Speaker 22: frontline services, and that's not the path we take.

1030
00:49:03,400 --> 00:49:05,680
Speaker 2: Quically, you don't have to cut frontline services. When there

1031
00:49:05,680 --> 00:49:08,280
Speaker 2: are a whole bunch of ministries and quangos in government

1032
00:49:08,320 --> 00:49:10,319
Speaker 2: that are completely useless. You could cut them. You could

1033
00:49:10,360 --> 00:49:11,400
Speaker 2: save a whole bunch of money.

1034
00:49:12,080 --> 00:49:15,240
Speaker 22: I can tell you Heather, we are after the wasteful spending.

1035
00:49:15,320 --> 00:49:17,359
Speaker 22: We're going to have to be because that is the

1036
00:49:17,360 --> 00:49:20,440
Speaker 22: only way that next year's budget will be able to

1037
00:49:20,440 --> 00:49:22,880
Speaker 22: be delivered with such a low roof for spending. We

1038
00:49:22,960 --> 00:49:24,840
Speaker 22: are going to have to cut more of the waste,

1039
00:49:24,840 --> 00:49:25,840
Speaker 22: there's no question about it.

1040
00:49:26,040 --> 00:49:27,840
Speaker 2: I think probably what's going to happen is you're going

1041
00:49:27,880 --> 00:49:30,799
Speaker 2: to be bombarded with comparisons with Argentina. Have you taken

1042
00:49:30,840 --> 00:49:32,640
Speaker 2: a look at how hard they've cut and thought about

1043
00:49:32,640 --> 00:49:33,920
Speaker 2: whether you should be doing the same thing.

1044
00:49:34,600 --> 00:49:37,320
Speaker 22: Well, I would start by saying that they did start

1045
00:49:37,360 --> 00:49:40,480
Speaker 22: from a much much worse place than us. Their inflation

1046
00:49:41,320 --> 00:49:43,920
Speaker 22: rates still on a monthly basis is higher than our

1047
00:49:43,960 --> 00:49:46,640
Speaker 22: annual inflation rate, So I think people need to bear

1048
00:49:46,680 --> 00:49:48,960
Speaker 22: that in mind when they're making the comparisons.

1049
00:49:48,960 --> 00:49:51,280
Speaker 2: Before versus our two point two it's not that much higher.

1050
00:49:51,800 --> 00:49:56,040
Speaker 22: Well, New Zealand, by comparison, looked at by international fiscal institutions,

1051
00:49:56,120 --> 00:49:58,800
Speaker 22: is regarded as having a much better set of books,

1052
00:49:58,800 --> 00:50:01,759
Speaker 22: are much better economic and fiscal path.

1053
00:50:01,960 --> 00:50:04,440
Speaker 2: Yes, turnaround is better than yours, isn't it.

1054
00:50:05,800 --> 00:50:06,120
Speaker 17: Well.

1055
00:50:06,680 --> 00:50:08,279
Speaker 22: I think that we need to be judged by the

1056
00:50:08,320 --> 00:50:10,839
Speaker 22: results we deliver for New Zealanders, and what we are

1057
00:50:10,960 --> 00:50:14,240
Speaker 22: looking to is a path with growth restored, with inflation

1058
00:50:14,360 --> 00:50:17,000
Speaker 22: under control, which we've delivered in our first year, interest

1059
00:50:17,080 --> 00:50:20,239
Speaker 22: rates dropping and ensuring as are said, that we can

1060
00:50:20,239 --> 00:50:22,800
Speaker 22: continue to deliver good frontline services. So it's going to

1061
00:50:22,840 --> 00:50:27,480
Speaker 22: be challenging either, and we are making more significant trade

1062
00:50:27,480 --> 00:50:31,560
Speaker 22: offs and reprioritizations the New Zealand has experienced for several years.

1063
00:50:31,600 --> 00:50:34,239
Speaker 22: Just about every day round Parliament there's a Labor Party

1064
00:50:34,320 --> 00:50:38,880
Speaker 22: or Green Party politician screaming that we shouldn't be reprioritizing

1065
00:50:38,880 --> 00:50:40,840
Speaker 22: things in the way that we are pretending there's a

1066
00:50:40,840 --> 00:50:43,080
Speaker 22: magic money tree. But we're going to stick stick to

1067
00:50:43,160 --> 00:50:45,319
Speaker 22: the course. It's the prudent, responsible thing to do.

1068
00:50:45,320 --> 00:50:47,040
Speaker 2: Do you think that you can actually make surplus in

1069
00:50:47,080 --> 00:50:50,000
Speaker 2: twenty twenty nine the new obergallex X measure that you use,

1070
00:50:50,040 --> 00:50:51,920
Speaker 2: and can you actually meet that or we're going to

1071
00:50:51,960 --> 00:50:53,239
Speaker 2: Are we going to get there next year? And we

1072
00:50:53,360 --> 00:50:54,279
Speaker 2: just get posted out again?

1073
00:50:54,880 --> 00:50:58,200
Speaker 22: In fact, our short term intention is to hit an

1074
00:50:58,200 --> 00:51:01,600
Speaker 22: ober galex surplus in the twenty seven twenty eight year

1075
00:51:02,320 --> 00:51:06,480
Speaker 22: that we're currently forecasting a small deficit that year, but

1076
00:51:06,560 --> 00:51:08,920
Speaker 22: we intend to turn that into the surplus year.

1077
00:51:09,040 --> 00:51:10,960
Speaker 2: Do you reckon you're going to hit your operating allowance

1078
00:51:11,000 --> 00:51:11,399
Speaker 2: next year?

1079
00:51:12,280 --> 00:51:12,480
Speaker 10: Yes?

1080
00:51:12,560 --> 00:51:12,879
Speaker 22: I do?

1081
00:51:13,560 --> 00:51:15,800
Speaker 2: And what's the plan to get us growing? Because obviously

1082
00:51:16,320 --> 00:51:18,440
Speaker 2: cutting enough to get to surplus is one thing, but

1083
00:51:18,480 --> 00:51:21,520
Speaker 2: actually getting the economy going again it's quite another challenge.

1084
00:51:21,520 --> 00:51:22,319
Speaker 2: So what's the plan there.

1085
00:51:23,600 --> 00:51:26,120
Speaker 22: Yeah, well, there's five key things that we're focused on,

1086
00:51:26,160 --> 00:51:28,000
Speaker 22: and I want to start by saying not all of

1087
00:51:28,000 --> 00:51:30,719
Speaker 22: these things will lead to accelerated growth tomorrow, but you

1088
00:51:30,800 --> 00:51:33,680
Speaker 22: do have to get your underlying foundations right. So one,

1089
00:51:33,680 --> 00:51:36,680
Speaker 22: that's about education and schools. We've got to have better

1090
00:51:36,719 --> 00:51:40,480
Speaker 22: equipped school leaders too. It's about overseas investment and trade,

1091
00:51:40,520 --> 00:51:44,120
Speaker 22: allowing people to invest in New Zealand industries and jobs

1092
00:51:44,160 --> 00:51:45,680
Speaker 22: and getting rid of that red tape.

1093
00:51:46,160 --> 00:51:47,400
Speaker 2: Three, it's about.

1094
00:51:47,160 --> 00:51:49,279
Speaker 22: Actually getting rid of red tape across the economy that

1095
00:51:49,400 --> 00:51:53,000
Speaker 22: told things back, including through better competitive frameworks in our

1096
00:51:53,000 --> 00:51:56,000
Speaker 22: major industries. For it's about a smarter science system with

1097
00:51:56,160 --> 00:51:58,960
Speaker 22: better regulation there and also more commercialization of the big

1098
00:51:58,960 --> 00:52:03,000
Speaker 22: investments the government. And then finally about delivering infrastructure smarter,

1099
00:52:03,160 --> 00:52:06,920
Speaker 22: partnering with the private sector using modern funding and financing tools.

1100
00:52:06,960 --> 00:52:10,600
Speaker 22: All of those things is literally dozens, if not hundreds

1101
00:52:10,600 --> 00:52:14,440
Speaker 22: of initiatives occurring across the ministries. Collectively, it will make

1102
00:52:14,480 --> 00:52:16,880
Speaker 22: a difference. We are focused on how we earn it,

1103
00:52:17,040 --> 00:52:18,239
Speaker 22: not just how we spend it.

1104
00:52:18,239 --> 00:52:20,080
Speaker 2: Do you think the foreign capital is the key here?

1105
00:52:20,960 --> 00:52:23,200
Speaker 22: I think that's going to be an important part of

1106
00:52:23,239 --> 00:52:24,520
Speaker 22: New Zealand's future economics.

1107
00:52:24,560 --> 00:52:25,279
Speaker 2: How do you get it in?

1108
00:52:26,640 --> 00:52:30,880
Speaker 22: Well, one you process the applications to the Overseas Investment

1109
00:52:30,920 --> 00:52:32,960
Speaker 22: Office a lot faster, which we've been doing. And two

1110
00:52:33,080 --> 00:52:36,360
Speaker 22: you reform the Overseas Investment Act to welcome more investment.

1111
00:52:37,040 --> 00:52:40,080
Speaker 2: Nicol like doing in Ireland and dropping the corporate tax rate.

1112
00:52:41,320 --> 00:52:43,239
Speaker 22: Well, the thing I worry about with doing that is

1113
00:52:43,239 --> 00:52:45,600
Speaker 22: if I drop the corporate tax rate tomorrow, I'd also

1114
00:52:45,640 --> 00:52:48,080
Speaker 22: be rewarding the big banks and the big tailcos and

1115
00:52:48,200 --> 00:52:51,040
Speaker 22: very profitable companies with a windfull game. So it's how

1116
00:52:51,080 --> 00:52:54,440
Speaker 22: you target the extra investment you want, because we're not

1117
00:52:54,480 --> 00:52:56,400
Speaker 22: in a position where we can be giving away revenue

1118
00:52:56,440 --> 00:52:56,799
Speaker 22: for free.

1119
00:52:57,719 --> 00:52:59,920
Speaker 2: Okay, Nicholas, and thank you very much. I really appreciate

1120
00:52:59,920 --> 00:53:02,400
Speaker 2: your time. And Merry Christmas because I think it's probably

1121
00:53:02,480 --> 00:53:04,160
Speaker 2: hopefully the last time we talk this year.

1122
00:53:05,160 --> 00:53:05,880
Speaker 22: Merry Christmas.

1123
00:53:06,960 --> 00:53:09,920
Speaker 2: Only hopefully because every time it's about bad economic news,

1124
00:53:09,960 --> 00:53:11,800
Speaker 2: look after yourself and have a good time with your family.

1125
00:53:11,960 --> 00:53:14,040
Speaker 2: That's Nicola Lillis, the finance minister that's coming up.

1126
00:53:14,120 --> 00:53:18,560
Speaker 1: Call to the Mike Asking Breakfast Full Show podcast on

1127
00:53:18,760 --> 00:53:20,920
Speaker 1: iHeartRadio powered by News Talks.

1128
00:53:20,920 --> 00:53:23,120
Speaker 2: That'd be hither let's get Grant on and ask for

1129
00:53:23,120 --> 00:53:24,600
Speaker 2: his opinion on what to do now. It'd be a

1130
00:53:24,640 --> 00:53:26,920
Speaker 2: great Listen, Heather, it doesn't matter how you dress it up. There,

1131
00:53:26,920 --> 00:53:28,960
Speaker 2: failing Luxan is too scared to do the hard things.

1132
00:53:28,960 --> 00:53:31,080
Speaker 2: He's too busy trying to be liked. It won't happen.

1133
00:53:31,120 --> 00:53:34,040
Speaker 2: It's just not going to sort out the economy, Nicola, productivity,

1134
00:53:34,080 --> 00:53:36,040
Speaker 2: you cut your cloth there. Maybe US Middle New Zealand

1135
00:53:36,120 --> 00:53:38,319
Speaker 2: might try harder with productivity. It tests just keep coming

1136
00:53:38,320 --> 00:53:40,920
Speaker 2: in like this, Heather, after the economic news yesterday, we

1137
00:53:41,000 --> 00:53:44,280
Speaker 2: really need reform of our whole economy. Look at Argentina.

1138
00:53:44,360 --> 00:53:47,200
Speaker 2: That's the answer. Remember nineteen eighty four reforms. Unfortunately, that

1139
00:53:47,320 --> 00:53:50,759
Speaker 2: is what's needed. I feel much the same. I feel

1140
00:53:50,840 --> 00:53:53,240
Speaker 2: like there was a time where we were very happy

1141
00:53:53,280 --> 00:53:56,400
Speaker 2: for the incrementalism of John Key and just kind of

1142
00:53:56,440 --> 00:53:59,879
Speaker 2: keeping things going nicely and tacking along and so on.

1143
00:54:00,160 --> 00:54:01,759
Speaker 2: And I feel like the vibe has changed, don't you,

1144
00:54:01,760 --> 00:54:03,759
Speaker 2: Because I think we realize what kind of struck we're in,

1145
00:54:04,040 --> 00:54:06,239
Speaker 2: and I think that there is an increasing appetite here

1146
00:54:06,239 --> 00:54:08,400
Speaker 2: for reform. And we're not all going to agree on

1147
00:54:08,440 --> 00:54:10,840
Speaker 2: what reform we want. We're going to have fastly different

1148
00:54:10,880 --> 00:54:13,279
Speaker 2: ideas of what the reform you know, should look like.

1149
00:54:13,320 --> 00:54:14,960
Speaker 2: But I think we're all kind of gearing up. We're

1150
00:54:14,960 --> 00:54:17,760
Speaker 2: starting to gear up, aren't we, for some significant changes?

1151
00:54:18,040 --> 00:54:20,560
Speaker 2: And this is the problem with this particular government right now.

1152
00:54:20,680 --> 00:54:23,960
Speaker 2: You can't tell me it's reform When the biggest amount

1153
00:54:23,960 --> 00:54:26,120
Speaker 2: of money that Grant spent in his expenditure was one

1154
00:54:26,200 --> 00:54:30,000
Speaker 2: hundred and sixty two billion dollars, and then Nicholas spending

1155
00:54:30,000 --> 00:54:31,880
Speaker 2: one hundred and eighty billion, and then one hundred and

1156
00:54:31,920 --> 00:54:35,120
Speaker 2: eighty seven billion, and then one hundred and ninety one billion.

1157
00:54:35,120 --> 00:54:36,600
Speaker 2: It just keeps going up. And by the way, it's

1158
00:54:36,600 --> 00:54:39,200
Speaker 2: past the rate of inflation, right Affalantia doesn't account for

1159
00:54:39,200 --> 00:54:41,960
Speaker 2: that. That's way way more. Anyway, I feel, if I could

1160
00:54:42,000 --> 00:54:44,280
Speaker 2: sum it up, it feels a little bit like better

1161
00:54:44,320 --> 00:54:47,560
Speaker 2: than labor. Not quite what I hoped for, if you

1162
00:54:47,600 --> 00:54:49,880
Speaker 2: know what I mean. Hey, listen, little bit of intel.

1163
00:54:49,920 --> 00:54:52,680
Speaker 2: By the way, the judge's boyfriend, I'm not telling you

1164
00:54:52,719 --> 00:54:54,719
Speaker 2: about the judge. Just before the judge, the judge and

1165
00:54:54,719 --> 00:54:57,759
Speaker 2: the boyfriend, the doctor boyfriend, the intensive care specialist David Galla,

1166
00:54:58,440 --> 00:55:01,440
Speaker 2: judge's boyfriend, has been holding for fundraisers for Labour's Camilla

1167
00:55:01,480 --> 00:55:05,719
Speaker 2: Balich in EPSOM So there's a Facebook photo of it.

1168
00:55:05,800 --> 00:55:07,279
Speaker 2: You go up have a look. I think it's on

1169
00:55:07,320 --> 00:55:09,840
Speaker 2: her Facebook page. She put up a photo in twenty

1170
00:55:09,880 --> 00:55:12,920
Speaker 2: twenty with Icehevril and somebody else there three ladies and

1171
00:55:12,960 --> 00:55:15,160
Speaker 2: then said thank you to David Galla for hosting us.

1172
00:55:15,400 --> 00:55:19,759
Speaker 2: So maybe when David and his judge girlfriend were yelling

1173
00:55:19,800 --> 00:55:23,840
Speaker 2: at Winston Peters and Kasey Costello and everybody else allegedly

1174
00:55:24,719 --> 00:55:27,560
Speaker 2: it was because he cared, yeah about the smoking quite

1175
00:55:27,560 --> 00:55:31,080
Speaker 2: a lot, but also about the Labor Party. Don't you

1176
00:55:31,080 --> 00:55:33,640
Speaker 2: think that a politics involved in that anyway? Hashtag be

1177
00:55:33,800 --> 00:55:35,120
Speaker 2: kind ten away from.

1178
00:55:35,000 --> 00:55:38,080
Speaker 1: Eight Heather duple c Allen on on the My Costing

1179
00:55:38,160 --> 00:55:41,880
Speaker 1: Breakfast with Alveda Retirement Communities News togs dead b.

1180
00:55:42,640 --> 00:55:45,080
Speaker 2: H here the many years ago what Ireland actually did

1181
00:55:45,160 --> 00:55:47,600
Speaker 2: was it offered ten percent tax for ten years to

1182
00:55:47,640 --> 00:55:49,600
Speaker 2: new businesses to start up an island. And that's when

1183
00:55:49,640 --> 00:55:51,560
Speaker 2: the tech companies like Google arrived. And I suppose that

1184
00:55:51,560 --> 00:55:53,960
Speaker 2: gets around the problem of giving the old banks who

1185
00:55:53,960 --> 00:55:56,440
Speaker 2: are already here a bit of a tax break as well. Listen,

1186
00:55:57,000 --> 00:55:59,040
Speaker 2: some of the big news out of the Ukrainian conflict

1187
00:55:59,040 --> 00:56:02,799
Speaker 2: overnight is that Ukraine has managed to take out Lieutenant

1188
00:56:02,800 --> 00:56:06,279
Speaker 2: General Igor Kirilov over in Russia who was running the

1189
00:56:06,360 --> 00:56:08,760
Speaker 2: nuclear system over there and was used to us accused

1190
00:56:08,760 --> 00:56:11,040
Speaker 2: of all kinds of crimes against against people and whatnot.

1191
00:56:11,320 --> 00:56:14,160
Speaker 2: So there is foot it. There's actually footage of his

1192
00:56:14,239 --> 00:56:17,960
Speaker 2: assassination online and like obviously the media is being reasonably

1193
00:56:18,280 --> 00:56:20,440
Speaker 2: responsible about it and blurring out all the significant but

1194
00:56:20,480 --> 00:56:23,160
Speaker 2: so you don't have to watch anything particularly horrific. But

1195
00:56:23,200 --> 00:56:26,080
Speaker 2: basically what you see is how the thing unfolds. So

1196
00:56:26,120 --> 00:56:28,880
Speaker 2: it looks like it's outside some sort of a uh,

1197
00:56:29,840 --> 00:56:32,880
Speaker 2: I guess an apartment block or something like that in Russia.

1198
00:56:33,440 --> 00:56:36,000
Speaker 2: And he comes out that there's a scooter that gets

1199
00:56:36,040 --> 00:56:37,600
Speaker 2: placed like and when I'm talking about a scoter, I'm

1200
00:56:37,600 --> 00:56:39,880
Speaker 2: not talking about like a moped. I'm talking about you know,

1201
00:56:39,920 --> 00:56:42,359
Speaker 2: like a Lime scooter, one of those electric scooters. There's

1202
00:56:42,400 --> 00:56:45,320
Speaker 2: a scooter that's just casually placed to lean against the

1203
00:56:45,360 --> 00:56:48,319
Speaker 2: apartment building at four am. A couple of hours pass

1204
00:56:48,400 --> 00:56:50,720
Speaker 2: oh mate comes walking out at six a m boom,

1205
00:56:50,840 --> 00:56:53,600
Speaker 2: off it goes, and all of a sudden that massive noise,

1206
00:56:53,640 --> 00:56:56,799
Speaker 2: big flat it was it was, it was, it was

1207
00:56:56,920 --> 00:56:59,360
Speaker 2: just really bad timing. And like wrong play. It was

1208
00:56:59,360 --> 00:57:01,160
Speaker 2: a case of wrong place, wrong time, do you know

1209
00:57:01,200 --> 00:57:05,759
Speaker 2: what I mean? They do occasionally, They do occasionally do that.

1210
00:57:05,760 --> 00:57:08,480
Speaker 2: It's happened. It's happened here as well. So you get

1211
00:57:08,520 --> 00:57:10,920
Speaker 2: the flash, you get the blast, you get the smoke,

1212
00:57:11,000 --> 00:57:14,279
Speaker 2: you get the glass breaking and the snow sliding off

1213
00:57:14,320 --> 00:57:16,240
Speaker 2: the cars, and you get the alarms going off and

1214
00:57:16,280 --> 00:57:19,800
Speaker 2: all of that stuff, and he's gone. And then afterwards

1215
00:57:19,800 --> 00:57:21,960
Speaker 2: you can see their little scooter lying there and the

1216
00:57:21,960 --> 00:57:24,240
Speaker 2: handlebars have been blown off because apparently what they've done

1217
00:57:24,280 --> 00:57:27,240
Speaker 2: is they've strapped about three hundred grams of explosive into

1218
00:57:27,240 --> 00:57:29,920
Speaker 2: the handlebars, enough to kind of small enough to be

1219
00:57:30,040 --> 00:57:32,360
Speaker 2: hidden underneath the handlebars, but enough to kill him. And

1220
00:57:32,400 --> 00:57:36,480
Speaker 2: it's worked in that assassination. And very few people are

1221
00:57:37,040 --> 00:57:40,479
Speaker 2: in the diplomatic community and the international community apparently sad

1222
00:57:40,480 --> 00:57:43,600
Speaker 2: about the situation as it's played out. Five away from eight.

1223
00:57:43,680 --> 00:57:47,280
Speaker 2: Now onto politics again. You probably haven't seen this. This

1224
00:57:47,360 --> 00:57:49,040
Speaker 2: was drawn to my attention last night, so I'm going

1225
00:57:49,040 --> 00:57:51,479
Speaker 2: to draw it to yours. There is a picture doing

1226
00:57:51,520 --> 00:57:54,720
Speaker 2: the rounds on social media of what the Unite Union

1227
00:57:54,760 --> 00:57:56,760
Speaker 2: got up to at the Christmas party in Auckland, and

1228
00:57:57,040 --> 00:57:59,920
Speaker 2: I think was on Great South Road. I think the

1229
00:58:00,040 --> 00:58:03,200
Speaker 2: Christmas party was this last weekend. The picture is of

1230
00:58:03,280 --> 00:58:08,440
Speaker 2: Sam from Unite Union grinning madly. He's very very pleased

1231
00:58:08,440 --> 00:58:11,920
Speaker 2: with himself because he is standing behind a pinata of

1232
00:58:12,000 --> 00:58:16,560
Speaker 2: Christopher Luxen mounted on what looks like a gillatine. Sam

1233
00:58:16,640 --> 00:58:18,560
Speaker 2: obviously thinks it's going to be a really great time

1234
00:58:18,560 --> 00:58:21,320
Speaker 2: at the Christmas party getting the Union staffers to smash

1235
00:58:21,360 --> 00:58:25,640
Speaker 2: the face of an effigy of our prime minister. The head,

1236
00:58:25,720 --> 00:58:28,200
Speaker 2: it's just the head. It's head on like a little box, right,

1237
00:58:28,520 --> 00:58:31,160
Speaker 2: the head of the Prime Minister mounted on a guillotine.

1238
00:58:31,440 --> 00:58:33,800
Speaker 2: Now whatever I mean. I'm not going to judge Unit

1239
00:58:33,960 --> 00:58:36,400
Speaker 2: Union for this, you know, because we've got a bunch

1240
00:58:36,440 --> 00:58:38,720
Speaker 2: of examples of very bad behavior on the show today.

1241
00:58:38,760 --> 00:58:40,960
Speaker 2: This is just one of them. You do, you boo whatever.

1242
00:58:41,360 --> 00:58:43,880
Speaker 2: But I just want to point out the double standards

1243
00:58:43,880 --> 00:58:47,040
Speaker 2: here just for a minute, okay, Because when we had

1244
00:58:47,040 --> 00:58:49,360
Speaker 2: a crack at to Cinda, not we like collectively, I

1245
00:58:49,360 --> 00:58:51,360
Speaker 2: had nothing to do with it. But when people had

1246
00:58:51,360 --> 00:58:52,919
Speaker 2: a crack at to Cinder, I remember when that guy

1247
00:58:53,080 --> 00:58:55,920
Speaker 2: was going around turning the books around it it was

1248
00:58:56,280 --> 00:58:59,920
Speaker 2: turn at urdournal whatever it was. Well, people flipped out

1249
00:59:00,040 --> 00:59:02,880
Speaker 2: about that, didn't they That represented, apparently, according to the media,

1250
00:59:02,920 --> 00:59:06,080
Speaker 2: a simmering hatred of women. And you remember when somebody

1251
00:59:06,080 --> 00:59:08,240
Speaker 2: had the sign and it said pretty little communist, well

1252
00:59:09,040 --> 00:59:12,240
Speaker 2: misogyny writ large. Or what about when someone had the

1253
00:59:12,240 --> 00:59:15,760
Speaker 2: old noose hanging outside the parliamentary protest? Remember that? Wow,

1254
00:59:16,520 --> 00:59:19,320
Speaker 2: that was a little violent retrek and stuff and imagery

1255
00:59:19,320 --> 00:59:23,400
Speaker 2: and stuff. But apparently when a union has an effigy

1256
00:59:23,440 --> 00:59:26,760
Speaker 2: of the Prime minister on a guillotine and it's going

1257
00:59:26,840 --> 00:59:29,920
Speaker 2: to have people presumably smash the face of the Prime minister,

1258
00:59:30,040 --> 00:59:34,000
Speaker 2: that's just radio silence on that. Just saying, just wanting

1259
00:59:34,040 --> 00:59:36,600
Speaker 2: to point out, if you're going to flip out for Jacinda,

1260
00:59:37,000 --> 00:59:39,040
Speaker 2: you probably want to flip out for him as well,

1261
00:59:39,080 --> 00:59:39,480
Speaker 2: don't you.

1262
00:59:39,880 --> 00:59:42,800
Speaker 14: Anyway more flipping out least.

1263
00:59:42,840 --> 00:59:45,919
Speaker 2: I just want I want equal opportunity flipping out, That's

1264
00:59:45,920 --> 00:59:47,720
Speaker 2: all I want. I just want us to flip out

1265
00:59:48,320 --> 00:59:50,720
Speaker 2: like proportionate. Maybe it is propriety.

1266
00:59:50,760 --> 00:59:52,840
Speaker 14: I guess not flipping out at all might be an

1267
00:59:52,880 --> 00:59:53,440
Speaker 14: option or not.

1268
00:59:54,440 --> 00:59:57,080
Speaker 2: Or that we could go with that anyway. The Politics

1269
00:59:57,120 --> 01:00:00,160
Speaker 2: Wednesday's Guy Wednesday Guy's Mark Mitchell and Ginny Anderson with

1270
01:00:00,240 --> 01:00:02,439
Speaker 2: us next, and we've got lots to talk about news

1271
01:00:02,440 --> 01:00:03,120
Speaker 2: talks eb.

1272
01:00:06,160 --> 01:00:08,320
Speaker 3: What Big News fold opinions.

1273
01:00:08,520 --> 01:00:11,520
Speaker 1: Heather Duple see Allen on the Mic Hosking Breakfast with

1274
01:00:11,760 --> 01:00:15,240
Speaker 1: the Range Rover vi LA designed to intrigue and use

1275
01:00:15,280 --> 01:00:25,080
Speaker 1: talks dead bable.

1276
01:00:22,880 --> 01:00:32,640
Speaker 2: In the sea. Righty, Hi? So this is Vince Gill

1277
01:00:32,720 --> 01:00:36,480
Speaker 2: and Amy Grant who are a couple being being together

1278
01:00:36,520 --> 01:00:39,960
Speaker 2: for twenty four years, and they put out a Christmas album.

1279
01:00:40,000 --> 01:00:42,720
Speaker 2: When I think of Christmas? Now what you need to

1280
01:00:42,760 --> 01:00:45,960
Speaker 2: know about this couple? She loves Christmas.

1281
01:00:47,480 --> 01:00:48,880
Speaker 3: Let's all child.

1282
01:00:49,840 --> 01:00:54,760
Speaker 2: And he hates it. He hates it, but he loves her.

1283
01:00:55,120 --> 01:00:56,919
Speaker 2: And because she loves her, he's done the album. Isn't

1284
01:00:56,920 --> 01:01:00,360
Speaker 2: that nice? I love that? They're sweet? Ah, when you

1285
01:01:00,400 --> 01:01:02,360
Speaker 2: do the thing for your partner because you're like, I

1286
01:01:02,400 --> 01:01:04,760
Speaker 2: love you, I really hate this thing. I love you.

1287
01:01:04,960 --> 01:01:05,800
Speaker 2: I'll do it for you.

1288
01:01:05,840 --> 01:01:07,959
Speaker 14: I don't know what you're talking about. I've never done anything.

1289
01:01:07,920 --> 01:01:08,600
Speaker 14: You have to do anything.

1290
01:01:08,920 --> 01:01:12,120
Speaker 2: I do that every day with the dishes. Get home

1291
01:01:12,160 --> 01:01:15,040
Speaker 2: at nine, it's just dishes everywhere, and I go, I

1292
01:01:15,120 --> 01:01:16,880
Speaker 2: hate doing the dishes, but I love you, so.

1293
01:01:16,840 --> 01:01:17,920
Speaker 18: I'll do your dishes for you.

1294
01:01:18,000 --> 01:01:19,480
Speaker 2: There we go. This is kind of a little bit

1295
01:01:19,520 --> 01:01:21,400
Speaker 2: the same, except they've got an album as a result

1296
01:01:21,400 --> 01:01:23,160
Speaker 2: of I just got a clean house and with me

1297
01:01:23,280 --> 01:01:26,400
Speaker 2: right now. For politics Wednesday, we've got Mark Mitchell and

1298
01:01:26,480 --> 01:01:30,960
Speaker 2: Jinny Anderson. Hello are you too? We're going to be

1299
01:01:30,960 --> 01:01:32,520
Speaker 2: poor for ages, aren't we, mich.

1300
01:01:34,120 --> 01:01:38,080
Speaker 23: Well, I mean, look, when you have a government, a

1301
01:01:38,160 --> 01:01:43,440
Speaker 23: laboring queen's government that we're not. We're dealing with the

1302
01:01:43,480 --> 01:01:46,360
Speaker 23: hangover and the countries the hangover. But the good news

1303
01:01:46,440 --> 01:01:47,440
Speaker 23: is we know how to deal with that.

1304
01:01:47,680 --> 01:01:48,600
Speaker 10: So I do you?

1305
01:01:49,000 --> 01:01:50,080
Speaker 24: I'm not sure you do them?

1306
01:01:51,800 --> 01:01:54,920
Speaker 10: Well? You guys put us in this situation, you guys

1307
01:01:55,600 --> 01:01:58,120
Speaker 10: a mistake. You guys put us in the situation.

1308
01:01:58,200 --> 01:01:59,840
Speaker 2: If the shoe fits Jenny.

1309
01:01:59,760 --> 01:02:03,160
Speaker 24: And it does well, I think that what what what

1310
01:02:03,200 --> 01:02:06,000
Speaker 24: New Zealanders are seeing after this year is that austerity,

1311
01:02:06,120 --> 01:02:09,960
Speaker 24: which is cutting back, is driving us deeper into sterity.

1312
01:02:10,360 --> 01:02:14,200
Speaker 2: You're talking about they are spending more And don't even start, Mitch,

1313
01:02:14,440 --> 01:02:17,560
Speaker 2: because I'm gonna come after you too. But spending more

1314
01:02:17,600 --> 01:02:19,959
Speaker 2: than grant is what austerity are you're talking about?

1315
01:02:20,480 --> 01:02:20,840
Speaker 10: What is she?

1316
01:02:20,960 --> 01:02:25,280
Speaker 24: But she spent it on things like tax cuts for landlords.

1317
01:02:25,280 --> 01:02:26,200
Speaker 24: So that's still.

1318
01:02:27,760 --> 01:02:27,960
Speaker 10: Well.

1319
01:02:28,040 --> 01:02:30,440
Speaker 24: You see, if you look in Wellington, we've seen eleven

1320
01:02:30,520 --> 01:02:33,400
Speaker 24: percent of the jobs gone in Wellington. That hits our

1321
01:02:33,440 --> 01:02:37,040
Speaker 24: local bars, our restaurants, our local businesses, and that slows

1322
01:02:37,080 --> 01:02:39,640
Speaker 24: down the economy. And when you had all of these

1323
01:02:39,680 --> 01:02:43,360
Speaker 24: really big infrastructure projects that got canned, the workers took

1324
01:02:43,360 --> 01:02:46,520
Speaker 24: off to Australia and it's hard to restart. So those

1325
01:02:46,560 --> 01:02:49,160
Speaker 24: things have slowed the wheels of the economy down.

1326
01:02:49,240 --> 01:02:51,880
Speaker 2: Do you honestly have a lower text? You don't think

1327
01:02:52,000 --> 01:02:54,080
Speaker 2: that Adrian or having a crack at us with the

1328
01:02:54,080 --> 01:02:56,480
Speaker 2: ocr has had more of an impact.

1329
01:02:57,400 --> 01:03:00,320
Speaker 24: Well, it has an impact in terms of makeing a

1330
01:03:00,320 --> 01:03:03,560
Speaker 24: little bit a lease in those mortgage repayments, but there's

1331
01:03:03,560 --> 01:03:05,760
Speaker 24: a whole bunch of keys who are renting who haven't

1332
01:03:05,800 --> 01:03:08,320
Speaker 24: seen that, and that means lease money, and well they.

1333
01:03:08,240 --> 01:03:09,160
Speaker 2: Lost their jobs and stuff.

1334
01:03:09,200 --> 01:03:09,439
Speaker 15: Jenny.

1335
01:03:09,480 --> 01:03:11,000
Speaker 2: I mean, he literally said he was going to do

1336
01:03:11,040 --> 01:03:13,080
Speaker 2: it to engineer a recession, and he has three. He's

1337
01:03:13,120 --> 01:03:16,080
Speaker 2: been very successful at that mark. Now why I'm coming

1338
01:03:16,080 --> 01:03:18,840
Speaker 2: at you is because yeah, sure labor did this, but

1339
01:03:18,880 --> 01:03:20,880
Speaker 2: you guys aren't really fixing it, are you, Because you're

1340
01:03:20,920 --> 01:03:23,840
Speaker 2: still spending like like drunken sailors.

1341
01:03:24,400 --> 01:03:26,720
Speaker 10: Well we're not spending like drunken sailors, but we did it.

1342
01:03:26,840 --> 01:03:29,680
Speaker 23: Here An awful economy with massive bond fires that we

1343
01:03:29,720 --> 01:03:32,040
Speaker 23: have to host down. Look, listen, listen to Ginny. Just

1344
01:03:32,080 --> 01:03:34,520
Speaker 23: then we dodged a bullet with a changing government, they

1345
01:03:34,520 --> 01:03:36,200
Speaker 23: would have us bankrupt us, So us.

1346
01:03:36,360 --> 01:03:39,400
Speaker 10: Lock venus sailer. We can't afford the theories that blew

1347
01:03:39,400 --> 01:03:41,800
Speaker 10: out to four billion dollars, they're going to be five billion.

1348
01:03:42,600 --> 01:03:44,600
Speaker 10: We can't. We can't afford as a country.

1349
01:03:44,640 --> 01:03:46,280
Speaker 23: The other night, we can't afford a country that you

1350
01:03:46,840 --> 01:03:50,200
Speaker 23: increase the bureaucracy by fourteen thousand. We cannot afford that.

1351
01:03:50,800 --> 01:03:53,120
Speaker 23: It was It was insane. So we've had to make

1352
01:03:53,160 --> 01:03:55,760
Speaker 23: some changes. Nikola is doing that. She is doing an

1353
01:03:55,800 --> 01:03:58,760
Speaker 23: outstanding job of that. She's taking a very measure approach.

1354
01:03:58,840 --> 01:04:01,560
Speaker 23: We are having, we are we are having. We are

1355
01:04:01,600 --> 01:04:04,360
Speaker 23: having to write size and make the cuts that's appropriate

1356
01:04:04,400 --> 01:04:06,560
Speaker 23: for us as a country, and that is sustainable and

1357
01:04:06,600 --> 01:04:08,840
Speaker 23: it puts us in a solid position to grow.

1358
01:04:08,880 --> 01:04:10,040
Speaker 10: And that's exactly what she's doing.

1359
01:04:10,200 --> 01:04:12,080
Speaker 24: It doesn't put us in a solid position to grow

1360
01:04:12,160 --> 01:04:15,680
Speaker 24: all I say, it puts us out another couple of years.

1361
01:04:15,720 --> 01:04:18,200
Speaker 24: Even with the wicked way she's cutting the books and

1362
01:04:18,240 --> 01:04:21,240
Speaker 24: cutting out stuff. The over gals a different way of

1363
01:04:21,280 --> 01:04:23,840
Speaker 24: counting Yeah, we're still not going to be in the

1364
01:04:24,280 --> 01:04:26,920
Speaker 24: in the in the pink until in the good space

1365
01:04:27,040 --> 01:04:29,600
Speaker 24: until twenty twenty nine. It's pushed us out a whole

1366
01:04:29,640 --> 01:04:33,120
Speaker 24: nother year, even with your dodgy counting see any zero growth?

1367
01:04:33,800 --> 01:04:37,400
Speaker 23: What you know what we're driving towards making sure that

1368
01:04:37,400 --> 01:04:38,000
Speaker 23: we're sustainable.

1369
01:04:38,040 --> 01:04:40,320
Speaker 24: The driver towards it, let's read, Yeah.

1370
01:04:40,480 --> 01:04:42,720
Speaker 10: But you drove us into a ditch a one hundred balls.

1371
01:04:42,800 --> 01:04:45,320
Speaker 10: Now we could afford it. We got the and you're

1372
01:04:45,400 --> 01:04:47,560
Speaker 10: driving towards children.

1373
01:04:47,600 --> 01:04:49,640
Speaker 2: I'll tell you that. I'm sitting here going I don't

1374
01:04:49,720 --> 01:04:51,160
Speaker 2: like either of you. Want to put both of you

1375
01:04:51,200 --> 01:04:54,040
Speaker 2: in time out on this particular subject. How's it going

1376
01:04:54,040 --> 01:04:56,400
Speaker 2: with the gang Tonguy? Actually are they behaving themselves?

1377
01:04:56,760 --> 01:04:56,960
Speaker 10: Yeah?

1378
01:04:56,960 --> 01:04:58,760
Speaker 23: The gang tongue has have been outstanding. I just want

1379
01:04:58,760 --> 01:05:01,000
Speaker 23: to give a shout out to our our police officers.

1380
01:05:01,000 --> 01:05:03,720
Speaker 23: They have done an outstanding job for us this year.

1381
01:05:03,760 --> 01:05:06,720
Speaker 23: The whole organization, whether you're sworn or non sworn, I

1382
01:05:06,760 --> 01:05:09,280
Speaker 23: want to thank them. They have definitely, without a doubt,

1383
01:05:09,280 --> 01:05:13,520
Speaker 23: responded to the new government's priorities. You've seen outstanding policing

1384
01:05:13,640 --> 01:05:16,240
Speaker 23: of gang tongues. You're not seeing gangs taking over provincial

1385
01:05:16,280 --> 01:05:19,200
Speaker 23: towns anymore. You're seeing police more presence on the streets

1386
01:05:19,240 --> 01:05:22,240
Speaker 23: with three Assurance, the outstanding they're doing, engaging with our

1387
01:05:22,280 --> 01:05:23,760
Speaker 23: retail sector in our communities.

1388
01:05:23,840 --> 01:05:25,160
Speaker 10: I'm really proud of the work that's done.

1389
01:05:25,200 --> 01:05:27,440
Speaker 2: They did they come through your electric, Ginny at all,

1390
01:05:27,440 --> 01:05:29,480
Speaker 2: because I think there was some talk they might have had.

1391
01:05:29,840 --> 01:05:33,000
Speaker 24: Yes, that the tongue was held in and then that

1392
01:05:33,080 --> 01:05:34,560
Speaker 24: the tongue he was over on the other.

1393
01:05:34,440 --> 01:05:36,200
Speaker 2: Coast and the behave themselves.

1394
01:05:36,560 --> 01:05:40,000
Speaker 24: Yeah, I've had no. I've got an Electric office and

1395
01:05:40,000 --> 01:05:43,080
Speaker 24: and also Tony so both around that area. And we've

1396
01:05:43,080 --> 01:05:46,760
Speaker 24: had no reports of nice, you're.

1397
01:05:46,640 --> 01:05:48,959
Speaker 23: Much, You're much save for Jinny, which is great news,

1398
01:05:49,000 --> 01:05:49,360
Speaker 23: isn't it.

1399
01:05:49,600 --> 01:05:52,240
Speaker 24: Well maybe maybe people Chris.

1400
01:05:54,360 --> 01:05:57,440
Speaker 23: And Chris Bishop is now providing great, great leadership of.

1401
01:05:57,480 --> 01:05:59,880
Speaker 24: The Electric was here, The tonguey was there.

1402
01:06:02,160 --> 01:06:04,160
Speaker 10: He's everywhere. He's visible, people see him.

1403
01:06:05,160 --> 01:06:07,200
Speaker 2: Police being so weird about going on that.

1404
01:06:07,160 --> 01:06:10,720
Speaker 10: Trip to China, Well, I'm not sure if they're being

1405
01:06:10,720 --> 01:06:11,320
Speaker 10: weird about it.

1406
01:06:11,360 --> 01:06:14,720
Speaker 2: They were, they're being weird about it. They're like, nah,

1407
01:06:14,720 --> 01:06:16,960
Speaker 2: it wasn't work, it wasn't organized through work. Now they

1408
01:06:17,200 --> 01:06:18,880
Speaker 2: took it and you'll leave. They paid for it themselves.

1409
01:06:18,880 --> 01:06:21,440
Speaker 2: Now and Jenny organized. Jessica at work organized that, but

1410
01:06:21,520 --> 01:06:23,800
Speaker 2: Jessica wasn't doing it in work hours. And then they

1411
01:06:23,800 --> 01:06:25,400
Speaker 2: sent us an email to tell us, yeah, that it

1412
01:06:25,440 --> 01:06:27,000
Speaker 2: was a good trip. I had nothing to do with work,

1413
01:06:27,160 --> 01:06:27,560
Speaker 2: Come on.

1414
01:06:27,760 --> 01:06:28,640
Speaker 10: Yeah, but no.

1415
01:06:28,680 --> 01:06:31,080
Speaker 23: But look, let us really fear is that every single

1416
01:06:31,840 --> 01:06:33,760
Speaker 23: sworn or non sworn member that went on that trip,

1417
01:06:33,760 --> 01:06:37,439
Speaker 23: they were on leave and everyone takes leave. They paid

1418
01:06:37,480 --> 01:06:40,440
Speaker 23: for the trip because they paid for it themselves, but.

1419
01:06:40,920 --> 01:06:42,440
Speaker 24: It was for cultural competency.

1420
01:06:42,720 --> 01:06:43,040
Speaker 10: Is that what?

1421
01:06:43,120 --> 01:06:45,640
Speaker 24: That's not a holiday, that's cultural competency.

1422
01:06:47,480 --> 01:06:49,040
Speaker 2: Leave much, but it's still work related.

1423
01:06:49,320 --> 01:06:52,200
Speaker 23: Well, all that I wanted to be satisfied about was

1424
01:06:52,200 --> 01:06:54,320
Speaker 23: that protocols were followed, and the information I had was

1425
01:06:54,320 --> 01:06:57,320
Speaker 23: that protocols were followed. I'm not gonna there is no

1426
01:06:57,440 --> 01:06:59,960
Speaker 23: way that you're going to catch me, especially coming to Christmas,

1427
01:07:00,240 --> 01:07:03,120
Speaker 23: criticizing our police officers because they want to be more

1428
01:07:03,120 --> 01:07:05,240
Speaker 23: culturally competent, they want to be more sensitive to them.

1429
01:07:05,880 --> 01:07:08,800
Speaker 10: Here's the thing, right, but they do an outstanding.

1430
01:07:08,520 --> 01:07:10,920
Speaker 2: Which why didn't they just say, Look, it was privately

1431
01:07:10,960 --> 01:07:12,920
Speaker 2: funded and it was done on their own time. But

1432
01:07:13,560 --> 01:07:15,680
Speaker 2: we're cool with it, we really like it. We're like

1433
01:07:15,720 --> 01:07:17,720
Speaker 2: that they'd taken this initiative with their own days off

1434
01:07:17,840 --> 01:07:19,720
Speaker 2: and kind of own it rather than trying to pretend

1435
01:07:19,720 --> 01:07:20,760
Speaker 2: that it had nothing to do well.

1436
01:07:20,920 --> 01:07:23,080
Speaker 23: I think they well, certainly I did, and I think

1437
01:07:23,120 --> 01:07:24,920
Speaker 23: they did as well. And listen, at the end of

1438
01:07:24,920 --> 01:07:27,160
Speaker 23: the day, there are whenever you've got groups of police

1439
01:07:27,160 --> 01:07:29,800
Speaker 23: officers traveling overseas, whether they're on duty or off duty,

1440
01:07:29,880 --> 01:07:34,120
Speaker 23: on league or not, there's always protocols to be followed,

1441
01:07:34,160 --> 01:07:35,680
Speaker 23: regardless of what country they're going too.

1442
01:07:36,000 --> 01:07:38,480
Speaker 10: I wanted to be satisfied that those protocols were followed.

1443
01:07:38,520 --> 01:07:38,880
Speaker 10: They were.

1444
01:07:39,480 --> 01:07:41,520
Speaker 23: They went over there when you look at their itinery,

1445
01:07:41,360 --> 01:07:44,960
Speaker 23: they were sightseeing, they went to Tenneman Square and everything else.

1446
01:07:44,960 --> 01:07:47,240
Speaker 10: That other keywis when they traveled to China. When they

1447
01:07:47,240 --> 01:07:48,720
Speaker 10: want to go and do some sites seeing do the

1448
01:07:48,760 --> 01:07:49,240
Speaker 10: same things.

1449
01:07:49,320 --> 01:07:52,960
Speaker 23: So but they followed the protocols that the hard working,

1450
01:07:53,280 --> 01:07:55,960
Speaker 23: non swollen sworn staff, they deserve to go away and

1451
01:07:55,960 --> 01:07:57,880
Speaker 23: have a bit of a holiday and enjoy themselves.

1452
01:07:58,240 --> 01:07:59,560
Speaker 2: We'll take a quick break and we'll come back to

1453
01:07:59,600 --> 01:07:59,800
Speaker 2: you guys.

1454
01:08:00,120 --> 01:08:03,479
Speaker 1: Let's cut it past the Mic Asking Breakfast Full Show

1455
01:08:03,560 --> 01:08:06,720
Speaker 1: podcast on iHeartRadio, it by News.

1456
01:08:06,520 --> 01:08:09,800
Speaker 2: Talks Back with Jenny and Mark on politics Wednesday, Ginny,

1457
01:08:09,840 --> 01:08:13,520
Speaker 2: did you see the luxe and pinnata?

1458
01:08:15,280 --> 01:08:19,160
Speaker 24: No, but I was listening to you talking about it,

1459
01:08:19,200 --> 01:08:19,800
Speaker 24: but I did not.

1460
01:08:19,960 --> 01:08:21,880
Speaker 2: See we flip out about it, So that we just

1461
01:08:21,920 --> 01:08:24,000
Speaker 2: balance the leadire between flipping out about stuff to do

1462
01:08:24,000 --> 01:08:26,879
Speaker 2: with just Cinda and stuff to do with luxem Well.

1463
01:08:26,680 --> 01:08:29,240
Speaker 24: If it's I guess, if it's a private party, yeah,

1464
01:08:29,280 --> 01:08:31,720
Speaker 24: you could flip out about it. Who's taking photos of

1465
01:08:31,760 --> 01:08:33,559
Speaker 24: it and putting it on the internet. It probably wasn't

1466
01:08:33,560 --> 01:08:36,040
Speaker 24: a great idea, But I'm.

1467
01:08:35,880 --> 01:08:37,760
Speaker 2: Not saying it's okay to have his head on a

1468
01:08:37,840 --> 01:08:39,840
Speaker 2: guillotine and then no, it's not okay.

1469
01:08:39,960 --> 01:08:42,479
Speaker 24: You shouldn't really be You shouldn't be doing that to anyone.

1470
01:08:42,520 --> 01:08:45,840
Speaker 24: I mean, we had instances where MP's faces were put

1471
01:08:45,880 --> 01:08:49,080
Speaker 24: on toilet seats and then urinated on. So anything where

1472
01:08:49,080 --> 01:08:52,240
Speaker 24: you're doing something and you know, hurting a person in

1473
01:08:52,360 --> 01:08:53,160
Speaker 24: terms of the way.

1474
01:08:53,439 --> 01:08:56,200
Speaker 2: A big scandal. I remember that being it wasn't that

1475
01:08:56,240 --> 01:08:58,200
Speaker 2: a big scandal, Mitch when people were wearing on the

1476
01:08:58,200 --> 01:08:59,160
Speaker 2: toilet seats.

1477
01:08:59,479 --> 01:09:01,639
Speaker 23: Yeah, be honest with you, I haven't heard about the

1478
01:09:01,680 --> 01:09:03,920
Speaker 23: begnata or the ween on the toilet seats.

1479
01:09:03,920 --> 01:09:05,000
Speaker 10: I've got no idea.

1480
01:09:10,680 --> 01:09:13,320
Speaker 2: Seeing as we're discussing weird scandals today. Have you caught

1481
01:09:13,400 --> 01:09:15,679
Speaker 2: up yet on the judge and her doctor boyfriend gate

1482
01:09:15,680 --> 01:09:17,160
Speaker 2: crashing the New Zealand First Party?

1483
01:09:18,640 --> 01:09:20,479
Speaker 10: Yes, I had. I think that.

1484
01:09:20,600 --> 01:09:23,320
Speaker 23: I think the Attorney General Judith Collins has come out

1485
01:09:23,400 --> 01:09:27,000
Speaker 23: very clearly and condemned that, and and it's some very

1486
01:09:27,000 --> 01:09:28,759
Speaker 23: clear expectations around her response.

1487
01:09:29,000 --> 01:09:31,280
Speaker 2: Yeah, this turns out this guy's are made of the

1488
01:09:31,320 --> 01:09:33,600
Speaker 2: Labor Party, Jinny, I think you need to cut. You

1489
01:09:33,640 --> 01:09:34,400
Speaker 2: need to cut.

1490
01:09:35,400 --> 01:09:37,320
Speaker 24: What do they do at the party? What was They

1491
01:09:37,320 --> 01:09:38,120
Speaker 24: don't crash.

1492
01:09:37,880 --> 01:09:42,040
Speaker 2: It obviously drank part too much red wine, but it'll

1493
01:09:42,080 --> 01:09:43,920
Speaker 2: be good bottle. It would be good bottles of red wine.

1494
01:09:43,920 --> 01:09:45,400
Speaker 2: But it does the same thing to you. You still

1495
01:09:45,439 --> 01:09:48,000
Speaker 2: end up like a Oligan, don't you. And then they

1496
01:09:48,000 --> 01:09:50,519
Speaker 2: went crashed the New Zealand First Party and they yelled

1497
01:09:50,520 --> 01:09:54,200
Speaker 2: at Winnipee allegedly in case and so on.

1498
01:09:54,320 --> 01:09:57,439
Speaker 24: Okay's let's not that's not nice. It's not ideal at all.

1499
01:09:57,640 --> 01:09:59,000
Speaker 24: I wouldn't recommend doing that.

1500
01:09:59,240 --> 01:10:02,479
Speaker 2: And then maybe allegedly also made racist comments which which

1501
01:10:02,479 --> 01:10:06,320
Speaker 2: they deny hashtag behind. I totally agree with you on that, Jinny. Listen,

1502
01:10:06,640 --> 01:10:08,400
Speaker 2: how about the councils Okay, you mate with any of

1503
01:10:08,439 --> 01:10:10,880
Speaker 2: these councils who are unhappy at the government, and if so,

1504
01:10:11,000 --> 01:10:12,080
Speaker 2: why are they unhappy?

1505
01:10:12,800 --> 01:10:16,280
Speaker 24: Well, the Hut City heard Campbell Berry on the radio yesterday,

1506
01:10:16,960 --> 01:10:20,320
Speaker 24: so well, the problem with canceling the whole three waters

1507
01:10:20,640 --> 01:10:23,240
Speaker 24: is that it's left them with about eighty to ninety

1508
01:10:23,280 --> 01:10:25,840
Speaker 24: percent of their budgets go on all that water infrastructure,

1509
01:10:26,320 --> 01:10:29,519
Speaker 24: so there's not money left to do other stuff. But

1510
01:10:29,600 --> 01:10:31,320
Speaker 24: you know, the funny thing is right we've had Sam

1511
01:10:31,479 --> 01:10:34,360
Speaker 24: and come out saying, you know, you can't have flesh stuff.

1512
01:10:34,400 --> 01:10:36,760
Speaker 24: All these councils going to get back to basics. We'll

1513
01:10:36,800 --> 01:10:38,920
Speaker 24: tell you what. We opened a beautiful pool in the

1514
01:10:39,000 --> 01:10:41,519
Speaker 24: Hut Valley last week nine nine new pool.

1515
01:10:41,840 --> 01:10:42,200
Speaker 10: Tell you what.

1516
01:10:42,280 --> 01:10:44,559
Speaker 24: Chris Bushop was the pretty flash gym and the pool

1517
01:10:44,560 --> 01:10:46,160
Speaker 24: doing a bomb, saying this is awesome.

1518
01:10:46,240 --> 01:10:46,720
Speaker 10: I love it.

1519
01:10:46,720 --> 01:10:48,639
Speaker 18: It's going to be everywhere.

1520
01:10:49,520 --> 01:10:52,040
Speaker 24: He loves it, you know. But then you're saying, like,

1521
01:10:52,120 --> 01:10:53,760
Speaker 24: none of the stuff this is going to be canned.

1522
01:10:53,760 --> 01:10:55,519
Speaker 24: You always just going to have roads and binds and

1523
01:10:55,640 --> 01:10:57,599
Speaker 24: that's it. No libraries, no pools, nothing.

1524
01:10:57,840 --> 01:11:00,639
Speaker 2: I reckon a pool though, don't you think?

1525
01:11:01,439 --> 01:11:03,320
Speaker 23: Well, I hope the person did a good bomb, but

1526
01:11:03,360 --> 01:11:08,960
Speaker 23: the reality of Si Sibians absolutely right in most Yis agrees.

1527
01:11:09,080 --> 01:11:12,599
Speaker 23: We want councilors focused on the core role in delivering

1528
01:11:12,640 --> 01:11:15,960
Speaker 23: on you know, to rate pass what they expect. I

1529
01:11:16,000 --> 01:11:18,400
Speaker 23: just want to say, in terms of councils, I've had

1530
01:11:18,520 --> 01:11:20,840
Speaker 23: eight local states fermugency around the country this year. I

1531
01:11:20,880 --> 01:11:24,040
Speaker 23: want to acknowledge the me as the councilors, the chief executives,

1532
01:11:24,040 --> 01:11:27,160
Speaker 23: the controllers, our first responders, everyone that has done an

1533
01:11:27,160 --> 01:11:27,880
Speaker 23: outstandings of.

1534
01:11:28,080 --> 01:11:31,439
Speaker 2: You are always nice about people, You're kind about anybody.

1535
01:11:31,479 --> 01:11:32,920
Speaker 2: You you smack talk.

1536
01:11:35,680 --> 01:11:37,519
Speaker 24: I'd love to do account for the year on the

1537
01:11:37,600 --> 01:11:40,639
Speaker 24: use of the word outstanding. I think Mark is really

1538
01:11:40,680 --> 01:11:43,439
Speaker 24: great at owning the word love.

1539
01:11:43,720 --> 01:11:44,960
Speaker 10: I love the country, and I.

1540
01:11:44,920 --> 01:11:50,479
Speaker 24: Think I think outstanding that these just I.

1541
01:11:50,400 --> 01:11:52,920
Speaker 23: Personally, I personally think that we are a great little

1542
01:11:52,960 --> 01:11:55,559
Speaker 23: country and I think that we've got We've had some

1543
01:11:55,680 --> 01:11:56,240
Speaker 23: tough times.

1544
01:11:56,600 --> 01:11:56,840
Speaker 10: Either.

1545
01:11:56,880 --> 01:11:58,479
Speaker 23: I want to say, because it's the last show, I

1546
01:11:58,479 --> 01:12:04,640
Speaker 23: want to say Smiths to you, you have been outsteady

1547
01:12:04,720 --> 01:12:09,200
Speaker 23: this year without Merry Christmas, to you, to Bears and

1548
01:12:09,320 --> 01:12:10,800
Speaker 23: to agg and I know that he's going to be

1549
01:12:10,840 --> 01:12:12,920
Speaker 23: very close to catching his first wave and standing.

1550
01:12:12,720 --> 01:12:13,200
Speaker 10: Up, which is.

1551
01:12:14,840 --> 01:12:18,160
Speaker 2: Ginny, do you know. Mark actually gave when my son

1552
01:12:18,200 --> 01:12:20,520
Speaker 2: was probably about a year old. Mark gave him a surfboard.

1553
01:12:21,000 --> 01:12:24,760
Speaker 24: Oh that's exciting, very good, that's proper saf.

1554
01:12:26,720 --> 01:12:29,680
Speaker 2: He's going to I reckon it must be like an

1555
01:12:29,720 --> 01:12:30,200
Speaker 2: eight footer.

1556
01:12:31,280 --> 01:12:33,719
Speaker 23: Yea, no, look, it's a long board for him, without

1557
01:12:33,720 --> 01:12:35,639
Speaker 23: a doubt, but it's nice and stable.

1558
01:12:35,640 --> 01:12:37,880
Speaker 10: It will be a really good board to learn on. Ginny.

1559
01:12:37,920 --> 01:12:39,400
Speaker 10: I want to say Merry Christmas to you.

1560
01:12:40,000 --> 01:12:40,599
Speaker 24: Thank you, Mark.

1561
01:12:41,240 --> 01:12:43,040
Speaker 23: I got I got your book. It's a self help

1562
01:12:43,080 --> 01:12:45,640
Speaker 23: book called Not All My Thoughts Are Correct. You can

1563
01:12:45,680 --> 01:12:48,000
Speaker 23: read it over the summer. And I want to say

1564
01:12:48,000 --> 01:12:50,000
Speaker 23: I want to say Mary Christmas to everyone that joins

1565
01:12:50,080 --> 01:12:51,080
Speaker 23: us on a Wednesday morning.

1566
01:12:51,160 --> 01:12:53,160
Speaker 10: It has been a tough year for most of us.

1567
01:12:53,320 --> 01:12:55,519
Speaker 23: But regardless of when you arrived in New Zealand or

1568
01:12:55,520 --> 01:12:57,680
Speaker 23: where you came from, we're all key. We have the

1569
01:12:57,680 --> 01:12:59,519
Speaker 23: most beautiful country in the world. And there a broader

1570
01:12:59,560 --> 01:12:59,960
Speaker 23: daisy here.

1571
01:13:00,120 --> 01:13:00,320
Speaker 10: Yeah.

1572
01:13:00,320 --> 01:13:02,280
Speaker 24: Oh that's lovely, Marke. And I've got you a gift too.

1573
01:13:02,479 --> 01:13:05,640
Speaker 24: I've got you a year's membership for hot Yoga. The

1574
01:13:05,720 --> 01:13:11,120
Speaker 24: class is there, an aeron a half each yoga and

1575
01:13:11,200 --> 01:13:13,880
Speaker 24: a sauna. And I reckon we can bond doing that.

1576
01:13:13,920 --> 01:13:14,599
Speaker 10: That'll be well.

1577
01:13:14,840 --> 01:13:17,439
Speaker 2: Lord, I think we would pay for those photos. Guys,

1578
01:13:17,479 --> 01:13:19,960
Speaker 2: Thank you Merry Christmas to the pair of you. Have

1579
01:13:20,000 --> 01:13:22,759
Speaker 2: a lovely time and you both deserve a lovely break.

1580
01:13:23,000 --> 01:13:26,440
Speaker 2: That's politics. Weenesday make mature and Jinny Anderson A twenty three.

1581
01:13:26,760 --> 01:13:30,320
Speaker 1: Heatherpc Ellen on the Mike Hosking Breakfast with the range

1582
01:13:30,400 --> 01:13:31,840
Speaker 1: Rover the line news.

1583
01:13:33,760 --> 01:13:35,479
Speaker 2: Hey, just a quick heads up, bree, what's going on

1584
01:13:35,520 --> 01:13:38,719
Speaker 2: in Vanahatu? Read that earthquake that happened yesterday the seven

1585
01:13:38,720 --> 01:13:40,720
Speaker 2: point three. There are a couple of New Zealanders, or

1586
01:13:40,760 --> 01:13:43,680
Speaker 2: at least a couple of in fat staff members at

1587
01:13:43,680 --> 01:13:47,280
Speaker 2: the moment, unaccounted for. Now they are still pulling people

1588
01:13:47,800 --> 01:13:51,439
Speaker 2: out of out of buildings alive, so there is some hope.

1589
01:13:51,439 --> 01:13:53,320
Speaker 2: But yeah, at the moment, they've they've managed to account

1590
01:13:53,320 --> 01:13:54,960
Speaker 2: for the whole team except for those two people. Do

1591
01:13:55,000 --> 01:13:57,000
Speaker 2: you know what yesterday? I actually can't believe I'm telling

1592
01:13:57,000 --> 01:13:58,519
Speaker 2: you this. Yesterday I was telling you, Do you remember

1593
01:13:58,520 --> 01:14:00,720
Speaker 2: I was telling you about the Windyard original click which

1594
01:14:00,840 --> 01:14:03,639
Speaker 2: was broken again after only being up for three days.

1595
01:14:03,640 --> 01:14:07,599
Speaker 2: Again broken again for the second time. So last night

1596
01:14:07,800 --> 01:14:10,479
Speaker 2: there was some technical issue and they called a safety issue.

1597
01:14:10,560 --> 01:14:13,040
Speaker 2: Bes it's not a safety issue whatever. I mean, everything

1598
01:14:13,080 --> 01:14:14,479
Speaker 2: to do with the bridge is a safety issue.

1599
01:14:14,560 --> 01:14:14,840
Speaker 12: There is.

1600
01:14:15,040 --> 01:14:16,760
Speaker 2: The thing doesn't work anymore, doesn't go up and down

1601
01:14:16,760 --> 01:14:19,240
Speaker 2: which is supposed to do anyway. The operation of the

1602
01:14:19,280 --> 01:14:21,719
Speaker 2: WinDD crossing bridge was paused this evening while the project

1603
01:14:21,760 --> 01:14:25,559
Speaker 2: team investigated a censor issue. Said Ekipanuku. Now I feel

1604
01:14:25,680 --> 01:14:27,640
Speaker 2: very sorry for the hospital guys who are relying on

1605
01:14:27,720 --> 01:14:29,800
Speaker 2: this because they've been without this bridge for nine months

1606
01:14:29,840 --> 01:14:32,040
Speaker 2: and nobody was going to the Windyard quarter. And then

1607
01:14:32,040 --> 01:14:33,800
Speaker 2: they got it up on Friday and they said, oh well,

1608
01:14:34,000 --> 01:14:36,040
Speaker 2: we'll just see how it goes. But Monday it's broken.

1609
01:14:36,439 --> 01:14:38,640
Speaker 2: Tuesday it's broken. I don't know if it's broken at

1610
01:14:38,680 --> 01:14:44,320
Speaker 2: the moment, but i'd say probably probably. I mean, this

1611
01:14:44,520 --> 01:14:46,960
Speaker 2: is like I'm telling you this so that you can

1612
01:14:47,080 --> 01:14:51,160
Speaker 2: all feel sharden freud for us who have to deal

1613
01:14:51,200 --> 01:14:54,719
Speaker 2: with this bridge because it's it's Ikipinuku an Auckland Council outfit.

1614
01:14:54,800 --> 01:14:55,720
Speaker 10: Wow, what can you do?

1615
01:14:56,320 --> 01:15:06,280
Speaker 25: Headline's next, demanding the answers from the decision makers, Ken

1616
01:15:06,320 --> 01:15:08,640
Speaker 25: the duplessy Ellen on the Mike, asking.

1617
01:15:08,360 --> 01:15:12,840
Speaker 1: Breakfast with Bailey's real estate, your local experts across residential,

1618
01:15:12,920 --> 01:15:14,719
Speaker 1: commercial and Rural News talks.

1619
01:15:14,760 --> 01:15:18,000
Speaker 2: Dad Bailey, Hey, it turns out on the Barley nine.

1620
01:15:18,000 --> 01:15:20,160
Speaker 2: I don't know if you've been following this, absolutely fascinating.

1621
01:15:20,160 --> 01:15:22,280
Speaker 2: It turns out the parents of the Barley nine didn't

1622
01:15:22,280 --> 01:15:24,360
Speaker 2: even know that it was Bally five, now, isn't it

1623
01:15:24,680 --> 01:15:26,960
Speaker 2: didn't even know that they were coming home until they

1624
01:15:27,000 --> 01:15:28,920
Speaker 2: were actually on the plane. So there had been a

1625
01:15:28,960 --> 01:15:31,240
Speaker 2: little It wasn't altogether a massive surprise. There had been

1626
01:15:31,280 --> 01:15:34,200
Speaker 2: a little bit of speculation in recent weeks that maybe

1627
01:15:34,400 --> 01:15:36,000
Speaker 2: there could be a deal that could be struck to

1628
01:15:36,040 --> 01:15:38,160
Speaker 2: get these guys out of Indonesia, but the parents knew.

1629
01:15:38,200 --> 01:15:40,960
Speaker 2: Nothing was you know, I mean, these things aren't certain

1630
01:15:41,040 --> 01:15:43,880
Speaker 2: until they're certain. Anyway, Scott Rush, who was nineteen years

1631
01:15:43,920 --> 01:15:46,640
Speaker 2: old when he went into jail, it was only when

1632
01:15:46,720 --> 01:15:49,880
Speaker 2: he was on the plane that an anonymous text was

1633
01:15:49,920 --> 01:15:53,080
Speaker 2: sent to the Catholic Bishop of Townsville. And this guy

1634
01:15:53,240 --> 01:15:56,160
Speaker 2: is relevant because he's been an advocate for the Rash family.

1635
01:15:56,200 --> 01:15:58,479
Speaker 2: And this anonymous text arrives on his phone and it

1636
01:15:58,520 --> 01:16:02,040
Speaker 2: says wheels up the bar on their way back to Australia.

1637
01:16:02,479 --> 01:16:04,639
Speaker 2: So the bishop then picks up the phone to Russia's

1638
01:16:04,680 --> 01:16:07,880
Speaker 2: father tells Russia's father your boys on the way home,

1639
01:16:08,280 --> 01:16:10,760
Speaker 2: and that's the first they know about it. And as

1640
01:16:10,800 --> 01:16:12,920
Speaker 2: far as I can tell, it may have changed us

1641
01:16:12,920 --> 01:16:14,400
Speaker 2: in the last just overnight, but as far as I

1642
01:16:14,439 --> 01:16:16,400
Speaker 2: can tell, they still haven't had any contact with each other.

1643
01:16:16,479 --> 01:16:18,000
Speaker 2: The families haven't been able to get through to the

1644
01:16:18,080 --> 01:16:20,680
Speaker 2: guys because they were taken straight from the airport at

1645
01:16:20,720 --> 01:16:23,679
Speaker 2: Darwin to Howard Springs facility and they have to stay

1646
01:16:23,720 --> 01:16:25,680
Speaker 2: there for a while. And then after they've been there

1647
01:16:25,720 --> 01:16:27,680
Speaker 2: for this is an old quarantine facility, after they've been

1648
01:16:27,720 --> 01:16:29,639
Speaker 2: there for a while, they'll be let out. And imagine

1649
01:16:29,680 --> 01:16:31,479
Speaker 2: how massive this is for them. Right, this kid goes

1650
01:16:31,560 --> 01:16:34,479
Speaker 2: to jail when he's nineteen years old, hasn't been back

1651
01:16:34,479 --> 01:16:37,960
Speaker 2: to Australia, turns up thirty nine, twenty two away from.

1652
01:16:37,880 --> 01:16:42,360
Speaker 1: Known international correspondence with ends and eye insurance, Peace of

1653
01:16:42,439 --> 01:16:43,759
Speaker 1: mind for New Zealand business.

1654
01:16:44,479 --> 01:16:45,960
Speaker 2: Ozzi, corresponding to Murray Olds.

1655
01:16:45,840 --> 01:16:48,800
Speaker 9: Was with us now, muzz Hello, good morning.

1656
01:16:48,560 --> 01:16:52,040
Speaker 2: Ever, muz So, I'm quite fascinated by how the coalition

1657
01:16:52,280 --> 01:16:55,040
Speaker 2: coalitions promised it's going to deal with this domestic gas

1658
01:16:55,080 --> 01:16:56,559
Speaker 2: supply and increase it. But how.

1659
01:16:58,439 --> 01:17:01,320
Speaker 9: Well the idea is I mean, for example, Victoria is

1660
01:17:01,360 --> 01:17:04,719
Speaker 9: apparently sitting on the biggest ocean of gas you can imagine,

1661
01:17:04,720 --> 01:17:07,840
Speaker 9: but for some reason the ve government refuses to dig

1662
01:17:07,880 --> 01:17:10,679
Speaker 9: it up. That won't extract the gas. Why I'm mature.

1663
01:17:11,560 --> 01:17:14,960
Speaker 9: It's in labors according to the coalition, Labor's obsession with

1664
01:17:15,760 --> 01:17:19,720
Speaker 9: wind and solar energy. Now, yes, gas is going to

1665
01:17:19,760 --> 01:17:21,400
Speaker 9: have to be part of the transition.

1666
01:17:21,360 --> 01:17:23,759
Speaker 12: To clean energy for both sides.

1667
01:17:24,200 --> 01:17:28,559
Speaker 9: Dutton plans to get by mid century by extending your

1668
01:17:28,640 --> 01:17:31,439
Speaker 9: life of coal, using some gas and developing this nuclear

1669
01:17:32,120 --> 01:17:35,439
Speaker 9: power plan. As far as Labour's concern, and this is

1670
01:17:35,479 --> 01:17:37,880
Speaker 9: going to be pretty telling it the election here. Labour's

1671
01:17:37,920 --> 01:17:40,720
Speaker 9: going to use gas, plasing out coal, use gas as

1672
01:17:40,760 --> 01:17:44,240
Speaker 9: a transition. But then you know mid century that just

1673
01:17:44,320 --> 01:17:47,639
Speaker 9: about all Australia's energy needs, according to the label, will

1674
01:17:47,680 --> 01:17:50,920
Speaker 9: be supplied by renewables. Now you know it's all pine

1675
01:17:51,040 --> 01:17:54,759
Speaker 9: the sky right now, eye watering figures for Peter Dutton's

1676
01:17:55,280 --> 01:17:58,880
Speaker 9: nuclear program and they're just off the graph. Labor says

1677
01:17:58,920 --> 01:18:01,639
Speaker 9: it doesn't stack up. The critics are saying, well, Labor,

1678
01:18:01,680 --> 01:18:05,000
Speaker 9: you just wedded, you know, ideologically wedded to the idea

1679
01:18:05,040 --> 01:18:07,680
Speaker 9: of green energy. So it's going to be unpacked in

1680
01:18:07,800 --> 01:18:10,560
Speaker 9: more detail as we head into twenty twenty five and

1681
01:18:10,640 --> 01:18:13,240
Speaker 9: people are saying, listen, you know, Peter, we do need

1682
01:18:13,320 --> 01:18:15,400
Speaker 9: some more stuff from you. It's not good enough just

1683
01:18:15,479 --> 01:18:16,760
Speaker 9: to float this and then run away.

1684
01:18:17,560 --> 01:18:21,120
Speaker 2: Yeah, fair enough, I'd imagine, speaking of energy and stuff

1685
01:18:21,120 --> 01:18:22,200
Speaker 2: like that, I see that there's a bit of a

1686
01:18:22,320 --> 01:18:25,080
Speaker 2: bit of a resistance from the apartments as to whether

1687
01:18:25,120 --> 01:18:26,880
Speaker 2: people can charge their evs there. Yeah.

1688
01:18:27,479 --> 01:18:30,160
Speaker 9: Absolutely, I mean, as you know, I mean a lot

1689
01:18:30,200 --> 01:18:31,839
Speaker 9: of Sydney, a lot of them, a lot of Brisbane

1690
01:18:31,920 --> 01:18:36,080
Speaker 9: are apartment living. And you know, there are millions of

1691
01:18:36,080 --> 01:18:39,240
Speaker 9: people living in apartments, lots and lots of electric vehicles.

1692
01:18:39,320 --> 01:18:41,800
Speaker 9: But of course we've had a number of electric car

1693
01:18:42,080 --> 01:18:44,200
Speaker 9: fires and these things are just about it impossible to

1694
01:18:44,240 --> 01:18:46,400
Speaker 9: put out about it. You have to drown the batteries

1695
01:18:47,040 --> 01:18:52,160
Speaker 9: in swimming pools full of water to stop them, you know, combusting. Well,

1696
01:18:52,200 --> 01:18:56,040
Speaker 9: here's the thing. Many strata committees, Because strata committees run apartments.

1697
01:18:56,080 --> 01:18:59,680
Speaker 9: Over here, you've got fifty apartments, you might have one

1698
01:18:59,720 --> 01:19:03,160
Speaker 9: hundred fifty residents. They make decisions for their apartment block,

1699
01:19:03,560 --> 01:19:05,600
Speaker 9: and a lot of these decisions are coming down. You

1700
01:19:05,640 --> 01:19:07,880
Speaker 9: can take you by the EV and park it down

1701
01:19:07,920 --> 01:19:09,600
Speaker 9: the road. And charge it. B You're not going to

1702
01:19:09,680 --> 01:19:12,320
Speaker 9: do it in our underground car parker on the car

1703
01:19:12,439 --> 01:19:15,519
Speaker 9: partment that sits beneath our apartments. And this is becoming

1704
01:19:15,640 --> 01:19:17,920
Speaker 9: a real issue, a very big problem. Not sure where

1705
01:19:17,920 --> 01:19:18,080
Speaker 9: to go?

1706
01:19:18,800 --> 01:19:22,160
Speaker 2: Well, that's I mean that that is it's real consideration,

1707
01:19:22,320 --> 01:19:25,760
Speaker 2: isn't it. So what this presumably mass They're going to

1708
01:19:25,800 --> 01:19:27,200
Speaker 2: make a whole lot of people not want to buy

1709
01:19:27,280 --> 01:19:29,280
Speaker 2: evs because it just becomes too much of a faft

1710
01:19:29,320 --> 01:19:30,920
Speaker 2: to go and find a charge of somewhere down the road.

1711
01:19:32,280 --> 01:19:34,479
Speaker 9: Exactly right. That's of course one of the greatest problems

1712
01:19:34,560 --> 01:19:37,240
Speaker 9: confronting EV's over here. It's the infrastructure. But for the

1713
01:19:37,360 --> 01:19:40,560
Speaker 9: lack of infrastructure, so people are putting in these you know,

1714
01:19:40,640 --> 01:19:44,320
Speaker 9: the big extension calls running out from the apartment block outside,

1715
01:19:44,479 --> 01:19:46,880
Speaker 9: you know, in the rain and snow into the back

1716
01:19:46,920 --> 01:19:49,920
Speaker 9: of the electric vehicle. So I mean, I'm not a

1717
01:19:50,000 --> 01:19:50,719
Speaker 9: hund of present sure.

1718
01:19:50,760 --> 01:19:52,639
Speaker 2: This is going to end up even No, Hey, where

1719
01:19:52,680 --> 01:19:54,560
Speaker 2: are we at with that A and Z probe on

1720
01:19:54,680 --> 01:19:57,000
Speaker 2: the dead people letters and fees and stuff?

1721
01:19:57,080 --> 01:19:59,639
Speaker 9: This is crazy. I mean A and Z is been

1722
01:19:59,680 --> 01:20:03,040
Speaker 9: in the regulator sites for a bit now. Allegedly the

1723
01:20:03,120 --> 01:20:06,320
Speaker 9: A in ZI bank kept taking fees from customers who

1724
01:20:06,360 --> 01:20:09,960
Speaker 9: had actually died, not once or twice Heather. According to

1725
01:20:09,960 --> 01:20:13,400
Speaker 9: the Murdoch Media over here, twenty thousand customers had passed away,

1726
01:20:13,960 --> 01:20:16,000
Speaker 9: and the A and Z had their green little fingers

1727
01:20:16,120 --> 01:20:19,560
Speaker 9: in their estates, the estates of the dead people. It

1728
01:20:19,720 --> 01:20:22,519
Speaker 9: went on even though people were complaining. Now the corporate

1729
01:20:22,600 --> 01:20:26,040
Speaker 9: regulator is very unhappy. We told the Investments and Securities

1730
01:20:26,040 --> 01:20:29,560
Speaker 9: Commission it's going to prosecut was considering prosecuting the A

1731
01:20:29,720 --> 01:20:32,640
Speaker 9: and Z of the new year. And this comes at

1732
01:20:32,640 --> 01:20:35,880
Speaker 9: a time when it's an AGM tomorrow. I think in

1733
01:20:35,960 --> 01:20:36,519
Speaker 9: Melbourne the.

1734
01:20:37,000 --> 01:20:37,519
Speaker 10: A and Z.

1735
01:20:37,720 --> 01:20:40,040
Speaker 9: We'll see how shareholders feel about the way the bank's

1736
01:20:40,040 --> 01:20:43,160
Speaker 9: been performing. You've got Shane Elliott, the outgoing boss, and

1737
01:20:43,280 --> 01:20:46,280
Speaker 9: the board will meet shareholders down in Melbourne. I'm pretty

1738
01:20:46,360 --> 01:20:49,400
Speaker 9: sure it's Melbourne, and the mood apparently is pretty grumpy.

1739
01:20:49,920 --> 01:20:51,960
Speaker 9: Is it going to be pushed back against the remuneration

1740
01:20:52,120 --> 01:20:54,800
Speaker 9: packages of the executives and the Boardwork to wait to see,

1741
01:20:54,840 --> 01:20:58,960
Speaker 9: but it's a bit concerning. If you're Shane Elliott as

1742
01:20:58,960 --> 01:21:00,640
Speaker 9: you head into Christmas, may get a big kick in

1743
01:21:00,680 --> 01:21:01,200
Speaker 9: the backside.

1744
01:21:01,400 --> 01:21:03,679
Speaker 2: Absolutely listening, you're going to tune in for the Ellen

1745
01:21:03,760 --> 01:21:04,960
Speaker 2: Jones appearance in court today.

1746
01:21:05,960 --> 01:21:07,680
Speaker 9: He will be in court today. I don't think there's

1747
01:21:07,720 --> 01:21:11,320
Speaker 9: going to be much I can't imagine there's going to

1748
01:21:11,320 --> 01:21:12,960
Speaker 9: be a whole lot of Alan Jones may or may

1749
01:21:13,040 --> 01:21:14,800
Speaker 9: not appear. He doesn't have to appear, so they can

1750
01:21:14,840 --> 01:21:19,519
Speaker 9: appear for him. And look, it's fascinating. There's so much,

1751
01:21:19,680 --> 01:21:23,120
Speaker 9: so much media interest in this over here. And jonesy

1752
01:21:23,280 --> 01:21:26,200
Speaker 9: was such a powerful figure for all those years. And

1753
01:21:26,920 --> 01:21:30,080
Speaker 9: when we saw him go to the police station, what

1754
01:21:30,240 --> 01:21:32,400
Speaker 9: is it about three weeks ago, he looked like a

1755
01:21:32,439 --> 01:21:35,360
Speaker 9: little old granddad, you know, with his walking stick in

1756
01:21:35,439 --> 01:21:39,320
Speaker 9: his horror. Although he quitted and you just thought, well,

1757
01:21:39,320 --> 01:21:41,880
Speaker 9: this guy's got no power anymore. A lot of people

1758
01:21:41,920 --> 01:21:45,240
Speaker 9: are saying, well, bloody, good job. He polarized people, there's

1759
01:21:45,280 --> 01:21:48,479
Speaker 9: no doubt about it. A wonderful broadcaster. But you know,

1760
01:21:48,880 --> 01:21:50,640
Speaker 9: like seventy people, we've got the left side and the

1761
01:21:50,760 --> 01:21:53,080
Speaker 9: right side, and let's see where they meet in the middle,

1762
01:21:53,120 --> 01:21:55,160
Speaker 9: because there'd be a lot of interesting day in this court.

1763
01:21:55,240 --> 01:21:56,240
Speaker 15: Cache you're too right.

1764
01:21:56,479 --> 01:21:58,280
Speaker 2: Thanks very much, go well, look after yourself. It's Marie

1765
01:21:58,280 --> 01:22:01,080
Speaker 2: old Uzzie correspond muzzles just giving shame to that track

1766
01:22:01,160 --> 01:22:03,800
Speaker 2: suit that was a designer tracksuit that Alan Jones was wearing.

1767
01:22:03,800 --> 01:22:07,280
Speaker 3: I'll have you know hever du seen it sounds.

1768
01:22:07,160 --> 01:22:09,920
Speaker 2: Like a Gaza seas fire might be close to being signed.

1769
01:22:09,960 --> 01:22:11,519
Speaker 2: There are a bunch of people who are confirming this,

1770
01:22:11,600 --> 01:22:14,120
Speaker 2: both on the Palestinian and on the Israeli side, that

1771
01:22:14,200 --> 01:22:16,080
Speaker 2: it's about days away or something like that. Would be

1772
01:22:16,080 --> 01:22:18,920
Speaker 2: in a three phase plan. First, the civilians and women

1773
01:22:19,240 --> 01:22:21,439
Speaker 2: soldiers who were held hostage would be released, that's within

1774
01:22:21,479 --> 01:22:23,599
Speaker 2: the first month and a half, and then the Israelis

1775
01:22:23,600 --> 01:22:26,000
Speaker 2: would have to pull out of various parts of Gaza.

1776
01:22:26,320 --> 01:22:28,719
Speaker 2: Then the second stage is the remaining hostages are freed.

1777
01:22:29,000 --> 01:22:31,080
Speaker 2: They think there's about sixty two of them alive in total,

1778
01:22:31,160 --> 01:22:33,080
Speaker 2: and then the troops are completely withdrawn in the third

1779
01:22:33,160 --> 01:22:35,240
Speaker 2: ist to end the war. Ben Yamnett and Ya who's

1780
01:22:35,240 --> 01:22:37,560
Speaker 2: apparently on his way to Cairo for talks on this,

1781
01:22:37,720 --> 01:22:41,559
Speaker 2: but his spokespeople are not confirming that at all. Now, shorts,

1782
01:22:42,280 --> 01:22:44,479
Speaker 2: this has come up again, right, this is what you

1783
01:22:44,520 --> 01:22:47,880
Speaker 2: should be wearing in the office when you are it's

1784
01:22:48,280 --> 01:22:52,800
Speaker 2: you know, summertime or whatever. Apparently shorts are because there

1785
01:22:52,840 --> 01:22:53,880
Speaker 2: was a bit of I don't know if you were

1786
01:22:53,880 --> 01:22:55,240
Speaker 2: aware of it but for a little while there it

1787
01:22:55,320 --> 01:22:56,920
Speaker 2: was sort of like, yeah, can you wear shorts in

1788
01:22:56,960 --> 01:22:59,000
Speaker 2: the office if they designer shorts and dress shorts like

1789
01:22:59,040 --> 01:23:01,479
Speaker 2: the Italians. The Italians do a little boat shoe and

1790
01:23:01,479 --> 01:23:02,720
Speaker 2: stuff like can you do it? And it kind of

1791
01:23:02,760 --> 01:23:05,680
Speaker 2: became okay. But apparently we're going back the other way now.

1792
01:23:06,040 --> 01:23:09,200
Speaker 2: So this is a survey that's been done of Australian

1793
01:23:09,240 --> 01:23:11,920
Speaker 2: workers last year. Thirty two percent of them were like, yeah,

1794
01:23:12,120 --> 01:23:14,320
Speaker 2: shorts are cool, Yeah you can wear that. Now it's

1795
01:23:14,400 --> 01:23:17,519
Speaker 2: forty two percent of them who say yeah, no, hold

1796
01:23:17,560 --> 01:23:19,120
Speaker 2: on it, see the other way around. Wait, I'm lying

1797
01:23:19,160 --> 01:23:20,920
Speaker 2: to you. Thirty two percent of them were like, no,

1798
01:23:21,320 --> 01:23:24,240
Speaker 2: it's unprofessional, you can't. Now it's forty two percent. So

1799
01:23:24,360 --> 01:23:26,479
Speaker 2: what I'm trying to say is increasingly people are thinking

1800
01:23:26,520 --> 01:23:30,120
Speaker 2: shorts are not okay. I think that's because jobs are scarcer, scarcer,

1801
01:23:30,320 --> 01:23:32,680
Speaker 2: whatever the word is. So I think when you're not

1802
01:23:32,800 --> 01:23:34,800
Speaker 2: so sure about your job, suddenly you start dressing up

1803
01:23:34,800 --> 01:23:37,080
Speaker 2: a little bit. That's what's going on here. Baby boomers.

1804
01:23:37,160 --> 01:23:39,519
Speaker 2: Fifty percent of baby boomers say shorts are not okay

1805
01:23:39,560 --> 01:23:42,040
Speaker 2: in the workforce, but only thirty one percent of Gen

1806
01:23:42,160 --> 01:23:45,720
Speaker 2: zs and millennials feel the same. So over time, you

1807
01:23:45,880 --> 01:23:47,799
Speaker 2: are going to see more shirt shorts in the workplace,

1808
01:23:47,840 --> 01:23:49,400
Speaker 2: and I think the rule I'm actually fine with it.

1809
01:23:49,880 --> 01:23:54,080
Speaker 2: But but you can't just be turning up in your

1810
01:23:54,160 --> 01:23:57,439
Speaker 2: studies right or your boardies. It's got to be a

1811
01:23:57,560 --> 01:23:59,720
Speaker 2: short that you could wear. If you pretend that you'll

1812
01:23:59,760 --> 01:24:03,040
Speaker 2: do and ran on a yacht, that's okay.

1813
01:24:03,600 --> 01:24:06,240
Speaker 14: Well see, I think it's the whole combo, isn't it,

1814
01:24:07,080 --> 01:24:10,120
Speaker 14: Like you can't just because shorts and then and then

1815
01:24:10,160 --> 01:24:12,680
Speaker 14: it's a slippery slope to Jandles.

1816
01:24:14,120 --> 01:24:16,960
Speaker 2: From Sports turns up sometimes in shorts, and Jandles doesn't

1817
01:24:16,960 --> 01:24:20,320
Speaker 2: he Sports is kind of a they're different.

1818
01:24:20,640 --> 01:24:22,599
Speaker 14: They're different.

1819
01:24:22,680 --> 01:24:25,639
Speaker 2: That's a nice edge of they are unusual. That's not okay.

1820
01:24:25,760 --> 01:24:28,439
Speaker 2: But if you if you just imagine that you are

1821
01:24:28,920 --> 01:24:32,320
Speaker 2: hungry like the wolf the music video that was filmed

1822
01:24:32,320 --> 01:24:34,920
Speaker 2: on the yacht, and you're turning up looking like maybe

1823
01:24:34,960 --> 01:24:37,320
Speaker 2: you're going to go to the Northern Club next. Those

1824
01:24:37,360 --> 01:24:37,960
Speaker 2: shorts are open.

1825
01:24:38,040 --> 01:24:39,880
Speaker 14: Why were they hungry like a wolf on a yacht?

1826
01:24:40,000 --> 01:24:45,000
Speaker 14: Do you reckon? I'm hmm, cocaine.

1827
01:24:45,680 --> 01:24:47,840
Speaker 2: I remember thinking about that far too long today. I

1828
01:24:47,920 --> 01:24:52,840
Speaker 2: think maybe maybe cocaine, maybe thirteen away from knowing the.

1829
01:24:53,240 --> 01:24:57,160
Speaker 1: Asking Breakfast Full Show podcast on I have radio powered

1830
01:24:57,200 --> 01:24:58,920
Speaker 1: by News Talks a bhither it.

1831
01:24:59,040 --> 01:25:01,439
Speaker 2: Was Rio, not hungry like the wolf that was filmed

1832
01:25:01,479 --> 01:25:02,560
Speaker 2: on the yacht. I'm sorry about that.

1833
01:25:03,360 --> 01:25:04,800
Speaker 14: Like a wolf one seems to be set in a

1834
01:25:05,120 --> 01:25:06,800
Speaker 14: kas bar or something which is weird.

1835
01:25:07,000 --> 01:25:08,799
Speaker 2: Was hungry like the wolf, not set in a jungle.

1836
01:25:09,320 --> 01:25:13,240
Speaker 14: No, it appears to be like maybe maybe Egypt, if

1837
01:25:13,280 --> 01:25:13,839
Speaker 14: not Morocco.

1838
01:25:14,080 --> 01:25:15,599
Speaker 2: H lots of wolves there.

1839
01:25:15,720 --> 01:25:18,519
Speaker 14: Yeah, I'm just watching Simon Labond up ending a table.

1840
01:25:18,760 --> 01:25:21,320
Speaker 2: And those were the days, weren't they. Those were the

1841
01:25:21,439 --> 01:25:24,680
Speaker 2: days of music videos where you would you would just

1842
01:25:24,760 --> 01:25:26,759
Speaker 2: you'd go home. I mean it was just after school

1843
01:25:26,840 --> 01:25:29,080
Speaker 2: for me, go home after school and just sit there

1844
01:25:29,120 --> 01:25:31,439
Speaker 2: and just look at Juice TV for hours of there's

1845
01:25:31,439 --> 01:25:31,640
Speaker 2: the thing.

1846
01:25:31,680 --> 01:25:35,639
Speaker 14: We had whole television channels, several television channal fantastic music videos.

1847
01:25:35,760 --> 01:25:38,360
Speaker 2: Yeah, it was brilliant nowadays I was. You try it

1848
01:25:38,400 --> 01:25:41,280
Speaker 2: watching a music video that's made a modern music video rubbish.

1849
01:25:41,600 --> 01:25:43,320
Speaker 2: You only want to watch it once because it's so

1850
01:25:43,439 --> 01:25:46,400
Speaker 2: rubbish you don't want to ever watch it again. Very quickly,

1851
01:25:46,439 --> 01:25:49,759
Speaker 2: can I just mention I have heat intolerance and simply

1852
01:25:49,800 --> 01:25:51,640
Speaker 2: cannot wear long pants in the office shorts or a

1853
01:25:51,720 --> 01:25:53,880
Speaker 2: musk good one, Ben, I'm going to try that one too.

1854
01:25:54,280 --> 01:25:56,880
Speaker 2: Sam Neil is now campaigning to save that hideous city

1855
01:25:56,960 --> 01:25:59,120
Speaker 2: to see bridge in Wellington, which looks like a primary

1856
01:25:59,120 --> 01:26:02,240
Speaker 2: school art project has been put together by detritus collected

1857
01:26:02,280 --> 01:26:05,280
Speaker 2: from the beach. He is outraged, he says, by the demolition,

1858
01:26:05,400 --> 01:26:07,920
Speaker 2: to the decision to demolish it. And remember he used

1859
01:26:07,920 --> 01:26:09,720
Speaker 2: to live in Wellington, so he's got some right to

1860
01:26:09,800 --> 01:26:12,519
Speaker 2: be able to talk about this. He says, the most

1861
01:26:12,600 --> 01:26:15,000
Speaker 2: precious part of Civic Square and Wellington is the bridge.

1862
01:26:15,240 --> 01:26:17,800
Speaker 2: It is a rare thing of beauty. Has Sam lost

1863
01:26:17,840 --> 01:26:21,479
Speaker 2: his sight? Did when he got Is that what's happened late?

1864
01:26:21,600 --> 01:26:23,479
Speaker 2: Is that why he's not? Has he gone blind? Because

1865
01:26:23,479 --> 01:26:26,080
Speaker 2: he must have. It's a work of art and definitely

1866
01:26:26,120 --> 01:26:29,040
Speaker 2: gone blind. He says. It's a cultural tawinger, well whatever

1867
01:26:29,400 --> 01:26:32,280
Speaker 2: and then a whole bunch of important Mahordi artists and then,

1868
01:26:32,360 --> 01:26:36,040
Speaker 2: of course, says pakiher creative spirits were also included, one

1869
01:26:36,080 --> 01:26:38,880
Speaker 2: of whom was of course Ian Athfield, New Zealand's greatest

1870
01:26:38,920 --> 01:26:42,720
Speaker 2: ever architect. Now maybe what is not, maybe what was

1871
01:26:42,800 --> 01:26:45,800
Speaker 2: lost is not his site but his mind because Ian

1872
01:26:45,880 --> 01:26:49,599
Speaker 2: Athfield is not a great architect. Ian Athfield is hideous.

1873
01:26:50,120 --> 01:26:51,960
Speaker 2: Everything he does is hideous. Have you seen Go and

1874
01:26:52,040 --> 01:26:54,240
Speaker 2: google it. If you don't believe me. Everything he does

1875
01:26:54,400 --> 01:26:57,600
Speaker 2: looks like it's like designed on a submarine meets a

1876
01:26:57,680 --> 01:27:01,000
Speaker 2: Mediterranean house. There's nothing nice about demolished the bridge. It's

1877
01:27:01,000 --> 01:27:02,439
Speaker 2: head yes, eight away from nine.

1878
01:27:03,240 --> 01:27:07,360
Speaker 1: Ever Duellen on the mic, asking breakfast with Bailey's real

1879
01:27:07,479 --> 01:27:08,760
Speaker 1: estate news dogs.

1880
01:27:09,240 --> 01:27:14,280
Speaker 2: Hither, I'm feeling a treaty claim on Thiswellington bridge lodged

1881
01:27:14,320 --> 01:27:18,320
Speaker 2: by Sam Neil. Thank you, Ben Hither. It was Oh no,

1882
01:27:18,360 --> 01:27:21,200
Speaker 2: I've already mentioned that somebody was sorry that I was

1883
01:27:21,760 --> 01:27:24,360
Speaker 2: recorrecting myself, which I've already corrected myself about that it

1884
01:27:24,479 --> 01:27:28,200
Speaker 2: was not hungry like the wolf. But apparently somebody says

1885
01:27:28,240 --> 01:27:31,040
Speaker 2: to me, in the spirit of looking at excellent videos,

1886
01:27:31,080 --> 01:27:33,000
Speaker 2: go and look at the whippet video. I don't need

1887
01:27:33,040 --> 01:27:35,519
Speaker 2: to look at the whippet video. That video has tormented

1888
01:27:35,600 --> 01:27:36,960
Speaker 2: me for such a long time. This is the one

1889
01:27:37,000 --> 01:27:38,639
Speaker 2: by I don't even know how to pronounce. The band's

1890
01:27:38,720 --> 01:27:42,800
Speaker 2: name is a Devo Devo anyway, Devo, thank you. That's

1891
01:27:42,840 --> 01:27:44,600
Speaker 2: the one where they've got the weird lego hats on

1892
01:27:44,640 --> 01:27:47,000
Speaker 2: their head, isn't it the red lego hats? And I've

1893
01:27:47,160 --> 01:27:50,240
Speaker 2: never been able to explain it, but it was esthetically pleasing,

1894
01:27:50,320 --> 01:27:52,000
Speaker 2: which is more than I can say for the Wellington

1895
01:27:52,040 --> 01:27:54,000
Speaker 2: Bridge A five away from nine.

1896
01:27:54,240 --> 01:27:58,920
Speaker 1: Trending Now will Chemist Warehouse the home of big brand vitamins.

1897
01:27:59,080 --> 01:28:01,320
Speaker 2: Hey, the karate is back on the big screen. Were

1898
01:28:01,320 --> 01:28:02,280
Speaker 2: you expecting me to say that?

1899
01:28:02,400 --> 01:28:02,439
Speaker 10: No?

1900
01:28:02,600 --> 01:28:05,040
Speaker 2: The Cobra Kai TV show has been a surprising head

1901
01:28:05,040 --> 01:28:07,719
Speaker 2: on Netflix and some of their five seasons have actually

1902
01:28:07,760 --> 01:28:11,439
Speaker 2: broken viewing records. So on the back of that, they've decided, well,

1903
01:28:11,479 --> 01:28:13,960
Speaker 2: why not capitalize and make a new movie. It's called

1904
01:28:14,040 --> 01:28:15,600
Speaker 2: Karate Kid Legions.

1905
01:28:17,479 --> 01:28:24,919
Speaker 10: Our Traditions. I read it in history, Kung fool.

1906
01:28:28,560 --> 01:28:28,960
Speaker 9: Kladi.

1907
01:28:30,439 --> 01:28:30,920
Speaker 1: In life.

1908
01:28:32,640 --> 01:28:38,599
Speaker 18: You have for only one question? Is it worth fighting

1909
01:28:38,680 --> 01:28:38,920
Speaker 18: for it?

1910
01:28:41,880 --> 01:28:43,920
Speaker 2: I'm not I'm doing this wrong.

1911
01:28:45,080 --> 01:28:56,559
Speaker 18: Forte two branches, one tree.

1912
01:29:01,080 --> 01:29:03,240
Speaker 2: So if you did recognize any voices, the voice that

1913
01:29:03,280 --> 01:29:06,120
Speaker 2: you recognized was Jackie Chan and the other main voice

1914
01:29:06,160 --> 01:29:09,960
Speaker 2: in there was the original Karate Kid Ralph pronunciation guide.

1915
01:29:10,000 --> 01:29:14,439
Speaker 2: Please Marchio Marchio, Ralph Marchio is on the big screen,

1916
01:29:14,800 --> 01:29:17,120
Speaker 2: and it will be on the big screen theaters in

1917
01:29:17,240 --> 01:29:19,080
Speaker 2: theaters May thirty, so you got a little bit of

1918
01:29:19,120 --> 01:29:20,800
Speaker 2: waiting to do. And also if you can't be bothered

1919
01:29:20,800 --> 01:29:23,760
Speaker 2: waiting for that, well no, actually, either way you're going

1920
01:29:23,800 --> 01:29:25,519
Speaker 2: to be waiting if you're not really into the karate

1921
01:29:25,640 --> 01:29:27,559
Speaker 2: kid because the kids are too young Bluey, they're going

1922
01:29:27,600 --> 01:29:29,200
Speaker 2: to make a movie out of Blue And if you're

1923
01:29:29,320 --> 01:29:31,519
Speaker 2: like me right now, you're going, oh, yeah, that's what

1924
01:29:31,680 --> 01:29:32,240
Speaker 2: I'm talking.

1925
01:29:32,400 --> 01:29:33,840
Speaker 14: Is there anyway we can get some kind of co

1926
01:29:33,960 --> 01:29:36,080
Speaker 14: lab going and see Blue doing karate? I'd like to

1927
01:29:36,080 --> 01:29:36,320
Speaker 14: see that.

1928
01:29:36,520 --> 01:29:38,040
Speaker 2: I think that might be a great idea. Why not

1929
01:29:38,960 --> 01:29:41,400
Speaker 2: make it violent? Make it, make it all violent. Okay,

1930
01:29:41,640 --> 01:29:44,600
Speaker 2: thank you very much for your company today. We'll be

1931
01:29:44,680 --> 01:29:48,240
Speaker 2: back at you tomorrow. Look after yourselves. Kerry's next? Is

1932
01:29:48,280 --> 01:29:51,519
Speaker 2: it Kerry? Or is it John? That's just Perry got

1933
01:29:51,560 --> 01:29:53,519
Speaker 2: a holiday already. Is everybody else?

1934
01:29:53,640 --> 01:29:55,519
Speaker 14: You've only just noticed that she's been away all week.

1935
01:29:57,840 --> 01:30:00,519
Speaker 2: Everybody's on holiday already, and they're all in their sure anyway,

1936
01:30:00,520 --> 01:30:03,080
Speaker 2: we'll all be in our shorts soon. See you soon tomorrow.

1937
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Speaker 1: For more from the Mic Asking Breakfast, listen live to

1938
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Speaker 1: News Talks at b from six am weekdays, or follow

1939
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Speaker 1: the podcast on iHeartRadio.