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Speaker 1: Liam Dan, the Herald's Business editor at large, is with

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Speaker 1: us a Liam, Hey, yeah, did you enjoy Toto last night?

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Speaker 2: I did enjoy Toto.

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Speaker 1: Yeah.

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Speaker 2: Yeah. Bit of you know, yacht rock, bit of eighties

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Speaker 2: yacht rock.

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Speaker 1: I would have thought it it's a bit like soft

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Speaker 1: glam rock.

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Speaker 2: Well, a lot of it was. It was more. It

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Speaker 2: was more of that than I thought. I mean, it

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Speaker 2: depends whether they're playing their late seventies stuff or their

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Speaker 2: early eighties stuff. But gee, they were good, good musicians,

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Speaker 2: were they?

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Speaker 1: How many of their songs did you know?

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Speaker 2: Though? I knew about five, which maybe means I knew

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Speaker 2: about one more than.

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Speaker 1: We And then so hold the line Rosanna, Africa, Georgie Paulgi.

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Speaker 2: Yeah, there's one called ninety nine.

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Speaker 1: Oh you knew ninety nine?

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Speaker 2: Yeah?

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Speaker 1: I didn't know that one.

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Speaker 2: Yeah. And there's another one I forgot the name, but

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Speaker 2: it was sampled on a big house track in the

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Speaker 2: nineteen nineties. That one of the big slow ballads.

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Speaker 1: You know what I've been listening to all day today,

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Speaker 1: the one that goes Pamela. Oh yeah, that was the

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Speaker 1: other one that.

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Speaker 2: Some of it was classic hair metal, wasn't it.

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Speaker 1: Yeah, Pamela was cool. And and it's always weird. You

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Speaker 1: go to a concert and you think, I mean, obviously

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Speaker 1: loved Africa, that was just peak everything. But there's always

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Speaker 1: a weird song that you just love afterwards and you

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Speaker 1: thrash on the Spotify. So New Zealand's listening of Pamela

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Speaker 1: by Toto is going up today markedly. I bet it's

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Speaker 1: totally based to me. And by the way, you've written

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Speaker 1: a the reason I'm asking you about this is written

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Speaker 1: a review on the Herald now, so your moon lighting

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Speaker 1: is some sort of a music for Shionado for the Herald.

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Speaker 2: Yeah, well they haven't. They've got a very hip, young

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Speaker 2: entertainment team, so there hasn't got too many people wanting

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Speaker 2: to do the dad rock.

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Speaker 1: Did nobody want to do the daggy Dads?

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Speaker 2: Right? So I'm picking it and share it with me.

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Speaker 1: I'll do it with you hard out. Those young ones

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Speaker 1: don't know what they're missing out on. It was there

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Speaker 1: ever a time as good as Africa by Toto. It's

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Speaker 1: spark Arena last night. Now listen, let's talk about inflation. Okay,

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Speaker 1: So I see consumer confidence has gone up, which is good,

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Speaker 1: but inflation expectations have gone up as well. And people

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Speaker 1: who are expecting inflation to go up are wrong.

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Speaker 2: Well, yeah, that's kind of kind of the theory. They

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Speaker 2: might be proved right. Things might change, they might change,

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Speaker 2: but at the moment, consumers are still really feeling the

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Speaker 2: acute inflation pressure. I mean, there's no doubt about that.

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Speaker 2: And so the latest consumer confidence confidence was up a bit.

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Speaker 2: That's good, we'll take it. This is the A and

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Speaker 2: Z Roy Morgan consumer confidence. But yeah, consumers also said

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Speaker 2: they were worried about inflation. Now, you know, Sharon zol And,

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Speaker 2: the chief economist A and Z, has sort of written

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Speaker 2: about this in a report that the points she's trying

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Speaker 2: to make us and I guess I've been trying to

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Speaker 2: make and a lot of people are trying to make,

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Speaker 2: is that inflation probably won't be a problem later this year.

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Speaker 2: And that's because we're expecting the economy is not going

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Speaker 2: to pick up as much as hopefully it's going.

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Speaker 1: To take a bit of a dive as a result

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Speaker 1: of this.

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Speaker 2: Well, I mean, it's hopefully not going back to recession.

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Speaker 2: But it's just that that, you know that the upswing

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Speaker 2: that we're looking for is taking much longer. You know,

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Speaker 2: all the turmoil around the world sort of that the

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Speaker 2: global growth being dampened just will have an effect on

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Speaker 2: New Zealand, even if there isn't direct impacts from the town.

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Speaker 1: Now, does this thing call into question these surveys where

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Speaker 1: we go out and ask a bunch of normal punters

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Speaker 1: if they expect inflation to go up, and simply because

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Speaker 1: inflation is bad and Trump's terriffs are bad, they go, yeah,

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Speaker 1: is there any value in there?

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Speaker 2: Well, I mean to the extent that they can be

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Speaker 2: self fulfilling. I mean that there's always questions about these surveys,

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Speaker 2: that's for sure. But you know, if consumers really believe something,

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Speaker 2: it affects their behavior and then the behavior goes and

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Speaker 2: you know, that's how spending goes. So if consumers think

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Speaker 2: things are improving, then maybe they'll get out and spend that. Yeah,

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Speaker 2: it's still still fairly low levels of confidence, but you know,

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Speaker 2: that little bit of upswing was probably a good thing

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Speaker 2: on balance.

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Speaker 1: What are you listening to on the way home?

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Speaker 2: Oh, it's good question. I'll be on my bike. I

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Speaker 2: can't listen to anything on the bike, it's too dangerous.

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Speaker 1: Does that really? Can you not drive and listen to music.

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Speaker 2: On the on the cycle.

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Speaker 1: Ah, Yes, we've about a bicycle. Yeah, bicycle because you've

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Speaker 1: got to leather jacket. And I thought you were cool

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Speaker 1: and going.

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Speaker 2: On a motorbike. No, no, I'm not an electric bike.

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Speaker 1: No, it's probably better if you don't because we need

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Speaker 1: you to hear the cars.

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Speaker 2: But yeah, it could have been. Toto could have.

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Speaker 1: Been if he didn't, if he wanted to die. Liam,

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Speaker 1: thank you, go and enjoy your long weekend. That's Liam Dwan,

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Speaker 1: the Herald's Business editor at large and also music reviewer.

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Speaker 2: Now. For more from Heather Duplessy Allen Drive, listen live

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Speaker 2: to News Talks it B from four pm weekdays, or

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Speaker 2: follow the podcast on iHeartRadio