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Speaker 1: Your trusted source for news and fuse the Mic Hosking

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Speaker 1: Breakfast with Jaguar, the Art of Performance News, togs DBHLLI

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Speaker 1: you and.

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Speaker 2: Welcome today GDP day. Are we out of recessional? Deeper

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Speaker 2: in it? Do we see light? The carbon auction for

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Speaker 2: the government was yet another bust yesterday, as the climate

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Speaker 2: argument shifting and or being lost. Kane Williamson's given up

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Speaker 2: the captaincy. There's aanngst over the emission review for cars.

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Speaker 2: Joe Parker is in for a little bit of boxing

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Speaker 2: chat end of Brady's in Britain for us, and Joe

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Speaker 2: McKenna is in Rome. Hosking Blight, Oh seven past six.

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Speaker 2: Welcome to the day our GDP today, of course, will

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Speaker 2: reminder it is for Q one, January, February and March,

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Speaker 2: And once again we say, why is it we are

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Speaker 2: such a backward country. Many countries produce a monthly GDP

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Speaker 2: read to give us a clue as to where we're at,

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Speaker 2: and those who do it quarterly have already got their

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Speaker 2: number out. So we are slow, and in that small

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Speaker 2: detail might well be the seed of our overall problem.

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Speaker 2: We just don't appear to be that slick to a degree,

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Speaker 2: not a very big one, but at least a fraction

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Speaker 2: this number falls on the new government. There is not

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Speaker 2: a lot they could have done about it, but they

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Speaker 2: were technically in chargeable of this upshot is we look sick.

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Speaker 2: I think we'll go backwards. Personally, in other words, we

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Speaker 2: were and are still in recession. The bank's the split

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Speaker 2: three of them Westpac, by and Zen and kiwibanks say

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Speaker 2: we went backwards, A Z and AASB say it was up,

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Speaker 2: but barely. There's universal agreement that no matter what it is,

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Speaker 2: it's bad news overall. I think we went backwards because

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Speaker 2: ask yourself this question. If we went backwards at the

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Speaker 2: end of last year, which we did, what was it

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Speaker 2: in January and February and March that changed so dramatically.

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Speaker 2: I mean, maybe tourism, maybe some holiday New Year spending,

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Speaker 2: but this year was the time I think anyway, the

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Speaker 2: crunch really hit that our clouds of doom arrived, and

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Speaker 2: here we are in June and they've not let up.

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Speaker 2: So fore warning here if Q one today is down,

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Speaker 2: Q two, which we're about to end, won't be up either.

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Speaker 2: And never forget, this is already a double dip. All

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Speaker 2: we're doing is extending the double dip recession. The world

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Speaker 2: is growing. Never forget that the world is growing. There

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Speaker 2: are very few places in recession and no one, no

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Speaker 2: one is in a double procession. Our trading partners aren't.

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Speaker 2: Australia as in America isn't. China isn't. This region isn't.

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Speaker 2: Many areas of the world of being upgraded by the

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Speaker 2: likes of the IMF in terms of growth, not us.

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Speaker 2: We're in a debt ladened incompetence induced mess. The really

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Speaker 2: dark bit is of Q one is backwards and Q

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Speaker 2: two is backwards. Where's the light? How long is the tunnel?

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Speaker 3: News of the world in ninety seconds.

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Speaker 2: Beyond couple in North Korea of Katadal the.

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Speaker 4: Two leaders are pledging to strengthen their ties. Can also

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Speaker 4: express the unconditional support for all Russian policies, so this

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Speaker 4: includes Putin's warn Ukraine. Vladimir Putin says their agreement includes

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Speaker 4: a promise to aid each other either country is attacked.

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Speaker 2: Old Cyril has been sworn in to continue the mess

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Speaker 2: that is South Africa.

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Speaker 5: I Madamia Cyril Ramaposa swear that I will be faithful

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Speaker 5: to the Republic of South Africa.

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Speaker 6: So help me.

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Speaker 2: God Wil's run by him. Geniuses, aren't. It's some good

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Speaker 2: news at last for Rishi, who's lipped all over. The

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Speaker 2: inflation number which is two percent, which is back in

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Speaker 2: the Bank of England's happy place.

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Speaker 7: Back to target. It was eleven percent when I became

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Speaker 7: Prime Minister. I said it was a party to bring

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Speaker 7: it down. Want to build on this economic foundation that

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Speaker 7: we now have, and I want to keep cutting people's

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Speaker 7: taxes at every stage in their life. And in contrast,

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Speaker 7: labor would reverse the progress that we've made and just

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Speaker 7: whack taxes up for everyone, and I don't want to

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Speaker 7: see that happen.

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Speaker 2: Dinton state side, Biden's rolling out a sense of humor.

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Speaker 8: My name is Joe Biden and Joe Biden's husband. Thanks

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Speaker 8: to all the members of Congress and Homewood Security Secretary.

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Speaker 8: I'm not sure going to do way on our kidner side,

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Speaker 8: Secretary Marcus, as well as Secretary Massarah.

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Speaker 6: Everybody's is here.

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Speaker 2: Reassured. Trump's proving he's no economist.

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Speaker 9: We take a look at our inflation, our real inflation.

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Speaker 9: They said it was ten for the last couple of years. Cumulatively.

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Speaker 9: You take a look at inflation and if you add

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Speaker 9: different cat which said I think our inflation is between

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Speaker 9: forty and fifty percent. They say it's a twenty two percent,

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Speaker 9: but I think you could double it.

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Speaker 2: Why not? And as the debate gets close to the

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Speaker 2: question of whether, if you are Biden, you raise the

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Speaker 2: business of the courts and the convictions, that's front and center.

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Speaker 10: I think it would be folly for President Biden himself

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Speaker 10: to lean into the convicted fellow language on the debate stage.

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Speaker 10: President Trump will weaponize that immediately. He will come in

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Speaker 10: and say, see, I told you these were the Biden trials.

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Speaker 10: It would be a huge mistake.

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Speaker 2: Finally, the mysterious monoliths are black back back in black

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Speaker 2: twelve foot mirrored objects. These are found in the Desert

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Speaker 2: National Wildlife Refuge in Nevada. They've been popping up since

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Speaker 2: twenty twenty, when officials found one deep in the desert

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Speaker 2: in Utah, and since then there are monolists now in Romania,

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Speaker 2: Central California, Fremont Street in Vegas, and Hillside in Southeast Wales.

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Speaker 2: I'm also told there could be one in Birkenhead, but

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Speaker 2: that's just a rumor. Still, no one has any The

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Speaker 2: wiser ast Wyan how they are there. That is news

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Speaker 2: of the world in ninety seconds, just quickly on that

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Speaker 2: North Korea Russian deal. I mean all the usual white

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Speaker 2: white about you know, we love each other and all

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Speaker 2: that sort of stuff. And more importantly putin gave Kim

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Speaker 2: a new worris and Orus is a Russian built limousine.

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Speaker 2: You wouldn't want one, but they're big and they're shiny

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Speaker 2: when they're new. So he took that. He also got

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Speaker 2: an admiral's dagger unusual gift and a tea set just

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Speaker 2: to round out the gift basket. Twelve past six.

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Speaker 3: The myke costing breakfast.

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Speaker 2: Yeah, the reason Rischie was so excited. Inflation came in

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Speaker 2: for May from two point three down to two to two,

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Speaker 2: bang right in the middle for the Bank of England.

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Speaker 2: Bank of England go tomorrow, but they don't go anywhere.

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Speaker 2: The word is they're not still going to move. Fifteen

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Speaker 2: past six. Squeeze and my wife Andrew Kella har good morning,

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Speaker 2: very good morning. By current account, where are we at

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Speaker 2: with this? And is the recession playing its part? In

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Speaker 2: other words, if we don't do any business, it's not

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Speaker 2: surprising the gap closes.

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Speaker 11: Well, yes, although it's not closing very quickly. So you've

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Speaker 11: got an important number of GDP today. But we had

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Speaker 11: another important number, yes, which is the current account.

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Speaker 12: Now the current can, of course be a surplus.

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Speaker 11: I don't think anybody in the zill where have we

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Speaker 11: ever said current accounts to It's just so the current

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Speaker 11: account deficit. The update on the current account deficit.

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Speaker 6: So this is for the year to the.

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Speaker 11: End of the March quarter, the current account deficit was

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Speaker 11: twenty seven point six billion dollars, that is six point

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Speaker 11: eight percent of GDP.

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Speaker 12: It has improved from a year ago.

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Speaker 11: It's improved by five point billion dollar five point four

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Speaker 11: billion dollars.

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Speaker 12: But the thing is, my the progress is slowing.

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Speaker 11: So the March quarter alone, the deficit seven point three billion.

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Speaker 11: It's actually actually looking it's actually a touch higher than

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Speaker 11: it was at the end of the December quarter in

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Speaker 11: terms of in terms of its day to day significance.

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Speaker 11: It's not a market move, but it's important, Mike. As

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Speaker 11: a percentage of GDP, it did improve slightly, so the

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Speaker 11: external position is improving. The question is whether it's sustainable,

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Speaker 11: and I don't think that is because while it's high,

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Speaker 11: we're sort of vulnerable if we have another shop at

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Speaker 11: the external internal And on top of this you growth

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Speaker 11: that loook is weak and we continue to run fiscal deficits.

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Speaker 11: So if you consider our sovereign credit risk rating, the

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Speaker 11: risks aren't going away. In fact, you could argue with

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Speaker 11: the moment that they're going back up again.

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Speaker 12: And Fits recently commented on this.

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Speaker 11: So Budget twenty twenty four might record that revealed material

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Speaker 11: deterioration operating balances over the next few years. The services deficit,

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Speaker 11: that's exports, les impulse, it widened. It's not good news

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Speaker 11: and we need to correct this. But you can't correct

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Speaker 11: it quickly. That's the problem.

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Speaker 2: No, you can't, I warmed to Paul Conway yesterday, because he,

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Speaker 2: like me, has asked for better data, faster data. We

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Speaker 2: need to pull our finger out and get our act together.

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Speaker 2: But apart from that, no stagflation.

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Speaker 12: Yeah, there is no stagflation in New Zealand.

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Speaker 11: Yes a speech yesterday by Paul Conway. He's the chief

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Speaker 11: economist of the Reserve Bank. Look, he doesn't comment on

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Speaker 11: monetary policy. This was sort of more around that actually

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Speaker 11: did this because they released some research recently which pointed

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Speaker 11: to some things we're talking.

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Speaker 12: A lot about that's non tradable inflation.

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Speaker 11: We need to get to where we can sort of

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Speaker 11: reflect on the level of the oci with regards to

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Speaker 11: this inflation, I mean stagflation.

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Speaker 12: It gets talked about a lot. My understanding is that.

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Speaker 11: One of the criteria for stagflation is high in employment.

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Speaker 11: We don't meet that criteria. We have got stick inflation,

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Speaker 11: and growth right now is going nowhere. Look we're in,

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Speaker 11: according to Conway, a slow to know to negative growth

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Speaker 11: environment which covers most of the bases except for actually

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Speaker 11: some growth, doesn't it. But the growth is expected to improve,

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Speaker 11: Thank heavens for that.

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Speaker 12: But at the moment we are going backwards on the

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Speaker 12: non tradable inflation.

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Speaker 11: The purpose of the speech was to hide coincide with

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Speaker 11: someone's the research they've done so non tradable inflation. The

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Speaker 11: arbians that expects the spare capacity to start emerging in

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Speaker 11: the economy over twenty twenty four after several years of

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Speaker 11: the economy growing well beyond its sustainable rate, and that

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Speaker 11: spare capacity is going to feed through strongly into lower

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Speaker 11: domestically generated inflation, which we hope to see. Disinflation will

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Speaker 11: spread across a wider set of non tradables and look,

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Speaker 11: Mike spoke to some of the some of the different

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Speaker 11: what they call different sort of sectors of non trade

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Speaker 11: of inflation, and basically he said some of them are

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Speaker 11: improving quickly and some of them aren't, which is things

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Speaker 11: like insurance, which he says will start to wane once

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Speaker 11: some of the some of the other factors, things like

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Speaker 11: pandemic and weather disruptions have run their course. While the

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Speaker 11: pandemic course was four years ago.

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Speaker 12: So look, all in all it was it was quite interesting.

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Speaker 12: Of course there was a carbon auction as well. Yes

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Speaker 12: they might that went well, didn't they go?

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Speaker 13: Well?

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Speaker 11: No one came, so the government could be looking at

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Speaker 11: another big.

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Speaker 12: Hole in revenue.

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Speaker 2: That's two billion dollars a year that they lose out

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Speaker 2: on that GDP what you call up or down.

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Speaker 12: I think it's going to be small up because I'm

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Speaker 12: being hosted.

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Speaker 2: Okay, good on you. I think you're wrong, but fair enough,

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Speaker 2: your your big eras to her, the kell eras to

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Speaker 2: her meeting. Just for July two, we're going to put

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Speaker 2: the world to rights. Ticket selling out. Have we sold

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Speaker 2: out already?

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Speaker 12: We're getting close.

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Speaker 11: So we're just encouraging people if you want to come

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Speaker 11: along listen to you and me who wouldn't want to

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Speaker 11: do that on a morning Mic want to just go

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Speaker 11: go to jaiwealth dot and register.

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Speaker 12: Make sure you register. The worse you might give a seat,

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Speaker 12: you'll be standing at the back throwing your but armis

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Speaker 12: aut us.

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Speaker 2: Exactly all right, mate, So register at jmiwealth dot co

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Speaker 2: dot t go. Well, we'll see you, Maria Andrew kelliher

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Speaker 2: jmiwealth dot co dot n Z Pasky tell you what

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Speaker 2: we did it last year. And they're still talking about it.

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Speaker 2: Some of them are still down there in the room,

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Speaker 2: still talking about They're just never left. By the way,

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Speaker 2: Japan given it's been a topic of conversation. Trade data

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Speaker 2: out for May exports up thirteen point five percent year

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Speaker 2: on year. See exports up thirteen point five percent year

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Speaker 2: on year. Imports grew nine point five percent for the

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Speaker 2: same period. That's called a surplus in their direction. Anyway,

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Speaker 2: we're interested in that because we love Japan. Now after

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Speaker 2: this week seven now it's not six twenty, you're on

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Speaker 2: the Mike Hosking.

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Speaker 3: Breakfast, No, the Mic Hosking Breakfast.

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Speaker 2: Mike, some good news film and diesel ute four months

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Speaker 2: ago cost one hundred and fifty bucks now it's one

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Speaker 2: hundred and ten, Thank you, Chris. Very important to recognize

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Speaker 2: those things because always complain that the prices go up

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Speaker 2: and they don't recognize when the prices go down. Mind you,

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Speaker 2: the've been bliping oil lately, but so it won't last,

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Speaker 2: but it's better than it was GDP. By the way,

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Speaker 2: who else agrees with Andrew callaher Well? A and Z

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Speaker 2: are saying zero point two to the good I think

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Speaker 2: they're dreaming, fell in their dreaming ASB say zero point one.

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Speaker 2: The other's Westpac bn Z and Kiwibank west Pacer negative.

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Speaker 2: There is zero point two zero point one for B

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Speaker 2: and Z and Kiwibank. But we'll we'll get the read

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Speaker 2: on that. One might give us your read on the

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Speaker 2: likelihood of a rate cut from the Reserve Bank this

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Speaker 2: year if we have four quarters of recession, good question.

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Speaker 2: Surely something will have to be done to release the

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Speaker 2: shackles and get us out of a death spiral before

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Speaker 2: twenty twenty four ends. David, it's a very very good

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Speaker 2: point you make. My read today is it will be negative.

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Speaker 2: The overarching commentary is fair. It doesn't really matter. It

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Speaker 2: could be plus zero point one minus zero point one?

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Speaker 2: Who cares? Where stuffed?

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Speaker 5: So?

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Speaker 2: If zero? So, if you're negative today, you're certainly negative

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Speaker 2: Q two. Then ask yourself the question if you're negative

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Speaker 2: in one and two, who what changes for three? What

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Speaker 2: magic happens in the middle of winter that suddenly we

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Speaker 2: all get up in the morning and go, my god,

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Speaker 2: this is good. Nothing is the answer, so Adrian says,

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Speaker 2: next year before he cuts. What you're arguing is the

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Speaker 2: oft argued question at the moment when you look at

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Speaker 2: the retail sector, they're bleeding, they're screaming, doors are closing,

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Speaker 2: people are losing their jobs. Does the Reserve Bank care?

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Speaker 2: Not really, because they engineered this whole thing. This is

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Speaker 2: supposed to be happening according to them, and according to

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Speaker 2: them every time we talk to Adrian, this is going

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Speaker 2: to plan. This is the misery they want. So what

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Speaker 2: you're saying to be David is this is bad and

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Speaker 2: we need to get out of it. I tend to agree.

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Speaker 2: They don't agree with us. I think they'll go earlier

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Speaker 2: than they think. I think they'll go by the end

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Speaker 2: of the year. But only just is my assummation. But

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Speaker 2: I think four quarters. I'd like to think you're wrong

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Speaker 2: but I struggle to mount an argument that says you

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Speaker 2: are sex twenty five.

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Speaker 3: Trending now the home of big brands skincare and.

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Speaker 2: Just remember Grant, just Cinda and Adrian A three people,

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Speaker 2: Paris Hilton remember her debut. She came on this program

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Speaker 2: that was quite fun, dibut her real voice, and social

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Speaker 2: media went a little bit nuts.

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Speaker 3: I love it.

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Speaker 12: It's like Malibu Queen Barbie. It is men Carter and

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Speaker 12: I there me here.

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Speaker 14: This is actually my real voice. My other voice was

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Speaker 14: you know, that simple life kind of baby voice. Actually

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Speaker 14: I have a low voice in real life.

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Speaker 2: Everyone she came on the show with a low voice,

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Speaker 2: did a low voice interview with me a couple of

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Speaker 2: years ago, says that your low voice, Paris, you said

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Speaker 2: it is Mike. Now the fascination with Ariana Grande, whose

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Speaker 2: fans are calling fake after this from a podcast, I mean.

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Speaker 14: That's the only thing I thought.

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Speaker 15: That's how I felt. I was like, what has happened? Yeah,

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Speaker 15: I don't know, but yeah, I've been writing a line me.

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Speaker 15: There's some more, but I would like to do a

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Speaker 15: deluxe at some.

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Speaker 2: Point, I'd like to do a delaxet one more. Who

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Speaker 2: when the big things happen, you can see it and

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Speaker 2: you listen to it. I think initially a lot of

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Speaker 2: people won't watch television. They'll listen to it, they'll keep

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Speaker 2: their ear on it the same way they do with radio.

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Speaker 2: But the moment something big happens, they'll want to watch it.

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Speaker 2: And that's important. Who's that a little pip squeak? See

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Speaker 2: the interesting way is that for what year?

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Speaker 3: Is that?

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Speaker 2: From nineteen ninety seven? See that? I put that down

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Speaker 2: to when people go your voice has changed over the years.

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Speaker 2: I put that down to the technology of the time.

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Speaker 2: I think the tapes speed, the tape spinning. Either that

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Speaker 2: or I've got older, which is quite possible. We're going

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Speaker 2: to talk about the emissions business around cars, Simmy and Brown.

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Speaker 2: Bit of banks around that Simmy and Brown after seven setting.

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Speaker 1: The news agenda and digging into the issues the Mic

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Speaker 1: Hosking Breakfast with Bailey's real estate altogether better across residential, commercial,

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Speaker 1: and rural on news talks.

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Speaker 2: B put on a deeper voice now as you're an

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Speaker 2: international sex symbol, modesty prevents me from agreeing with you

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Speaker 2: on that. Farmers more confident about the performance of their

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Speaker 2: own businesses. This is the best I can find for

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Speaker 2: you in the Rabobank. This is the farmer confidence server

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Speaker 2: that they do, so as far as their own business

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Speaker 2: is concerned, confidence is up a little bit less positive

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Speaker 2: about the broader agri economy. Sheep and beef farmers most

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Speaker 2: significant upwards lift, which is good. They've gone from listen

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Speaker 2: to this minus thirty one to minus seventeen break out

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Speaker 2: the balloons. Sentiment among sheep and beef as been at

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Speaker 2: the dire levels, of course, attributable to the strong pricing

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Speaker 2: outlook for the beef over the months ahead. That's what's

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Speaker 2: led to the pick up. So I hope they're right

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Speaker 2: about that. Dairy got some good prices out of the

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Speaker 2: auctions of late in May and early June. We had

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Speaker 2: a little dip the other day, but it wasn't the

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Speaker 2: end of the world, I don't think, so that's okay.

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Speaker 2: One of the possible reasons Rabobank reckons is that the

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Speaker 2: farmer concerns about the prospects of the New Zealand's overall

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Speaker 2: economy feeding into the pessimism. And if you're looking out

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Speaker 2: from the farm, you personally might be doing okay, but

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Speaker 2: the rest of the world or the rest of the

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Speaker 2: country no, not really. Twenty two to seven very business

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Speaker 2: developments in Italy. A direct election of the Italian Prime

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Speaker 2: minister's been ticked off by the Senate, So change is coming.

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Speaker 2: Joe mckennaon on that shortly meantime back home, country's largest

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Speaker 2: business events trade show. It's underway. It's called Meetings. It

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Speaker 2: connects overseas investors with domestic industries, and by god, do

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Speaker 2: we need some of that going on at the moment.

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Speaker 2: The boss of Business Events Industry, Lisa Hopkins, is with

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Speaker 2: us on all of this. Lisa, Morning, Good morning night.

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Speaker 2: So it's been held in, wrote a Ruer, give me

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Speaker 2: your vibal sense of wrote to Rua's ability to host

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Speaker 2: and bounce back and provide a good vibe given all

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Speaker 2: that's gone on with emergency housing and stuff in the

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Speaker 2: last couple of years.

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Speaker 16: Well, I guess what I can do is I can

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Speaker 16: tell you, I can give you some direct quotes from

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Speaker 16: some of our international visitors to say that they have

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Speaker 16: been blown away by the warmth and hospitality of everything

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Speaker 16: that they've seen down here. In is an understate or

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Speaker 16: an understatement of what's been going on there is absolutely

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Speaker 16: you know, this is a city that's really come to

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Speaker 16: get this is a city that really understands how to

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Speaker 16: take care of visitors. And they have done an exceptional job.

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Speaker 16: It's been it's been outstanding. It's just an exceptional.

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Speaker 2: Event, fantastic. Who are these people? What sort of money

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Speaker 2: do they have and what are they looking for?

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Speaker 16: So a lot of these people are either they're what

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Speaker 16: we call intermediaries. They are working on behalf of a

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Speaker 16: number of different customers from across a broad spectrum of

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Speaker 16: different organizations who are either looking to hold their association

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Speaker 16: conference here in New Zealand or bring their customers to

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Speaker 16: New Zealand to hold an incentive or another big conference.

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Speaker 16: And look, you know the value of this industry globally

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Speaker 16: goes into the trillions of dollars. It's a huge, huge industry.

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Speaker 16: And you know, New Zealand, with all of its assets,

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Speaker 16: including the new convention centers, we stand at a really

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Speaker 16: strong position to do very well.

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Speaker 2: Good good good Luckson's been out there, you know, talking

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Speaker 2: about being open for business. These people understand we are

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Speaker 2: open for business here.

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Speaker 16: One one hundred percent. And they aren't just coming into Rotola.

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Speaker 16: They're also while they're down here, they're also going into

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Speaker 16: different parts of the country, so you know, opened well

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Speaker 16: into christ Church, over into Queenstown as well, getting a

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Speaker 16: really really strong sense of what New Zealand has to offer.

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Speaker 2: Fantastic Lisa good Insight. Thank you for that. Lisa Hopkins

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Speaker 2: Business Events Industry out here, I CEO with us this morning.

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Speaker 2: Isn't that good here eight nineteen minutes away from seven

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Speaker 2: Pasket we had a very good mayor in that particular

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Speaker 2: part of the world in New Zealand. And this dovetails

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Speaker 2: into what I was sort of telling you yesterday. Millionaires

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Speaker 2: who were fleeing Britain heading to places like Germany and

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Speaker 2: to America have actually got the list this morning of

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Speaker 2: where they're heading and where everyone's losing it. But be

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Speaker 2: that as it may, we didn't make the list. I

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Speaker 2: don't know that we ever will, but we should be

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Speaker 2: looking to get And this goes back to what I

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Speaker 2: was saying about the housing market earlier on. If you're

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Speaker 2: a millionaire and you can be anywhere in the world

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Speaker 2: and you look to New Zealand, thing interesting place might

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Speaker 2: look that, oh I can't buy a house, Well that's

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Speaker 2: off the list. Then I mean, these are the things

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Speaker 2: we got. Effects we have is part of this list,

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Speaker 2: the Henleyan Partners List being named one of the top

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Speaker 2: safe havens in the world. There's one hundred and twenty

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Speaker 2: eight thousand millionaires right, one hundred and twenty eight thousand

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Speaker 2: millionaires relocating in this year. That's a record number. That's

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Speaker 2: geopolitical tensions, it's economic uncertainty, it's social upheaval, it's all

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Speaker 2: that stuff. They've got the wherewithal the go wherever they

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Speaker 2: want to go. We're one of the safe havens, a

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Speaker 2: sovereign state with high levels of safety and security that

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Speaker 2: remains largely shielded from the world political and economic problems.

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Speaker 2: Interesting take outside looking in. We're part of what's called

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Speaker 2: the safe haven eight Australia, Switzerland, Singapore, the UAE, Malta

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Speaker 2: and Monica. So that's a good club to be in.

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Speaker 2: Glad we're in a good club. Eighteen to seven.

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Speaker 3: The Mike Hosking Breakfast.

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Speaker 2: Mike, We're in Rudderua. Two weeks ago. Street corner guitar

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Speaker 2: players said hello, asked where we're from. We told him.

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Speaker 2: He said, welcome to our beautiful town and joy yourself.

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Speaker 2: There you go, And that's what we want to hear

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Speaker 2: more of.

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Speaker 3: Mike.

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Speaker 2: The one thing that could change for the best is

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Speaker 2: confidence in the government, giving us much needed hope for

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Speaker 2: business in the economy. Matt, I think to be fair,

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Speaker 2: they're probably doing the best they can at the moment.

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Speaker 2: If you look at the fast track, the ets, the

435
00:20:34,840 --> 00:20:37,200
Speaker 2: public works out we talked about yesterday, the spending cuts

436
00:20:37,240 --> 00:20:39,480
Speaker 2: of the education reject the PPPs, all the stuff there.

437
00:20:39,480 --> 00:20:42,080
Speaker 2: They're pulling a lot of levers at the moment. And

438
00:20:42,160 --> 00:20:44,720
Speaker 2: if you don't feel at least the intent is there,

439
00:20:45,560 --> 00:20:49,600
Speaker 2: look a little harder. Six forty five International correspondence with

440
00:20:49,880 --> 00:20:52,439
Speaker 2: ends and Eye Insurance Peace of mind for New Zealand

441
00:20:52,480 --> 00:20:56,040
Speaker 2: business in Italy. Jomi keenned, good morning to you, good money, mate,

442
00:20:56,200 --> 00:20:58,439
Speaker 2: I got this bit right. So this direct election of

443
00:20:58,440 --> 00:21:01,640
Speaker 2: Italian and prime minister, so another words, Maloney would stand

444
00:21:01,800 --> 00:21:05,040
Speaker 2: as an entity for the job of Prime minister above

445
00:21:05,080 --> 00:21:06,160
Speaker 2: and beyond other elections.

446
00:21:06,880 --> 00:21:07,800
Speaker 14: Yeah, that's correct.

447
00:21:07,880 --> 00:21:10,239
Speaker 17: I mean most of the listeners will be aware that

448
00:21:10,320 --> 00:21:13,440
Speaker 17: Italy has had a lot of political instability, in fact,

449
00:21:13,480 --> 00:21:17,840
Speaker 17: seventy governments since World War Two, and it's usually we

450
00:21:17,880 --> 00:21:20,439
Speaker 17: see the parties elected and then they try to cobble

451
00:21:20,480 --> 00:21:23,680
Speaker 17: together some sort of majority and go to the president

452
00:21:23,760 --> 00:21:25,760
Speaker 17: and see if they can make a prime minister instead.

453
00:21:25,840 --> 00:21:29,280
Speaker 14: This would mean a direct election. The prime minister.

454
00:21:29,040 --> 00:21:31,960
Speaker 17: Would be elected for five years and the winning Coalition

455
00:21:32,920 --> 00:21:36,400
Speaker 17: candidate would be would have fifty five percent of the seats,

456
00:21:36,480 --> 00:21:39,760
Speaker 17: so would have a workable majority in both houses of Parliament.

457
00:21:40,119 --> 00:21:41,320
Speaker 14: And Maloney of course.

458
00:21:41,080 --> 00:21:44,399
Speaker 17: Says that this would help to create some stability in

459
00:21:44,440 --> 00:21:47,400
Speaker 17: the country. The opposition says that would create some sort

460
00:21:47,400 --> 00:21:48,200
Speaker 17: of dictatorship.

461
00:21:48,600 --> 00:21:50,520
Speaker 2: So having said that is going to happen, and if

462
00:21:50,520 --> 00:21:52,040
Speaker 2: it is going to happen, when's it going to happen.

463
00:21:52,960 --> 00:21:57,119
Speaker 17: Well, of course the right wing coalition has the numbers

464
00:21:57,119 --> 00:21:59,160
Speaker 17: in the Parliament, it's been approved by the Senate.

465
00:21:59,200 --> 00:22:01,600
Speaker 14: It's going back to the lower house. But it is

466
00:22:01,800 --> 00:22:02,680
Speaker 14: likely to go to a.

467
00:22:02,640 --> 00:22:06,159
Speaker 17: Referendum, and I've heard that that would probably happen in

468
00:22:06,480 --> 00:22:07,399
Speaker 17: twenty twenty five.

469
00:22:07,560 --> 00:22:09,680
Speaker 2: What's your vibe if you held that vote today, what

470
00:22:09,720 --> 00:22:10,240
Speaker 2: would happen?

471
00:22:10,359 --> 00:22:10,679
Speaker 3: Roughly?

472
00:22:11,960 --> 00:22:15,120
Speaker 17: I think in any referendum it's quite difficult to get

473
00:22:15,119 --> 00:22:19,080
Speaker 17: it across the line, and I think most people here

474
00:22:19,080 --> 00:22:21,800
Speaker 17: would probably take a conservative view and think it wasn't

475
00:22:21,840 --> 00:22:25,200
Speaker 17: appropriate to have so much power concentrated in the prime minister.

476
00:22:25,400 --> 00:22:26,840
Speaker 2: And the other interesting thing at the moment of the

477
00:22:26,880 --> 00:22:29,639
Speaker 2: CEO accusing various members of not balancing their books, and

478
00:22:29,680 --> 00:22:34,119
Speaker 2: obviously Italy is one of them. So what actually happens?

479
00:22:34,160 --> 00:22:36,760
Speaker 2: I mean, this fascinating line between you running your own

480
00:22:36,800 --> 00:22:39,920
Speaker 2: country and making your own decisions versus somebody in Brussels

481
00:22:40,000 --> 00:22:41,720
Speaker 2: going tut tut tut, you must do better.

482
00:22:42,520 --> 00:22:45,200
Speaker 17: Yeah, I mean, Italy seems to have the worst budget

483
00:22:45,200 --> 00:22:48,720
Speaker 17: deficit around seven point four percent of the country's GDP,

484
00:22:49,840 --> 00:22:54,040
Speaker 17: just ahead of Hungary. What power does the EU really

485
00:22:54,080 --> 00:22:56,000
Speaker 17: have to make a difference? As you said that, there's

486
00:22:56,000 --> 00:22:59,200
Speaker 17: a rap over the knuckles. They've tried that with Romania

487
00:22:59,800 --> 00:23:02,520
Speaker 17: and now Romania faces a more serious charge. I'm not

488
00:23:02,600 --> 00:23:05,040
Speaker 17: sure what that means because they've failed to listen to

489
00:23:05,119 --> 00:23:09,679
Speaker 17: the EU warnings over their spending. I'm not sure that

490
00:23:09,760 --> 00:23:12,600
Speaker 17: Italy is terribly concerned, but it might affect the flow

491
00:23:12,640 --> 00:23:14,680
Speaker 17: of money that's coming out of Brussels.

492
00:23:14,800 --> 00:23:17,919
Speaker 2: Now this mafia intimidation business with mayors and counselors and

493
00:23:17,920 --> 00:23:21,040
Speaker 2: stuff like that. Question number one, what sort of intimidation too?

494
00:23:21,680 --> 00:23:24,720
Speaker 2: Is it an election issue with it? Does anybody ever

495
00:23:24,720 --> 00:23:26,399
Speaker 2: stand up and go, you watch me, vote for me

496
00:23:26,440 --> 00:23:28,000
Speaker 2: and I'll sort the mafia out? Or is it just

497
00:23:28,160 --> 00:23:29,400
Speaker 2: part of Italian life.

498
00:23:30,240 --> 00:23:33,399
Speaker 17: Look, I think it's fairly embedded, and it's a question

499
00:23:33,480 --> 00:23:36,240
Speaker 17: of how strong it is in various areas. And we

500
00:23:36,359 --> 00:23:39,919
Speaker 17: have seen a lot of cases of intimidation and also

501
00:23:40,200 --> 00:23:45,000
Speaker 17: political corruption where the local councilors and mayors are on

502
00:23:45,040 --> 00:23:49,080
Speaker 17: the take and they are doing deals and episodes of

503
00:23:49,080 --> 00:23:52,400
Speaker 17: collusion are playing out in all sorts of ways in

504
00:23:52,560 --> 00:23:58,600
Speaker 17: political administrations across Italy, and some councils have been dissolved

505
00:23:58,760 --> 00:24:02,800
Speaker 17: for mafia tration. So it is a huge issue for

506
00:24:02,840 --> 00:24:06,800
Speaker 17: Italy and around three hundred and eighty councils have been

507
00:24:06,800 --> 00:24:10,159
Speaker 17: dissolved since nineteen ninety one. Can they do much about it?

508
00:24:10,200 --> 00:24:12,000
Speaker 17: I think that's the big question exactly.

509
00:24:12,080 --> 00:24:14,600
Speaker 2: We had Catherine Fukin on Last Hour out of America.

510
00:24:14,640 --> 00:24:17,320
Speaker 2: She's an Australian living in America. She's our correspondent there.

511
00:24:17,520 --> 00:24:19,879
Speaker 2: They've got the National Guard out in New York for

512
00:24:19,920 --> 00:24:23,400
Speaker 2: twenty nine degrees. I mean, give me a break. Give

513
00:24:23,480 --> 00:24:26,360
Speaker 2: us your forecast, Joe in the latter part of June.

514
00:24:26,680 --> 00:24:30,760
Speaker 17: Well, we're expecting around thirty nine in Rome tomorrow and

515
00:24:31,080 --> 00:24:34,760
Speaker 17: it's going to get across forty in Sicily and Sardinia.

516
00:24:34,800 --> 00:24:36,359
Speaker 14: I think in the next couple of days.

517
00:24:36,400 --> 00:24:40,280
Speaker 17: Temperatures here are about twelve degrees above average because we're

518
00:24:40,280 --> 00:24:43,640
Speaker 17: getting this heat coming across from Africa. So I think

519
00:24:43,640 --> 00:24:45,119
Speaker 17: everyone's a bit nervous about what happened.

520
00:24:45,119 --> 00:24:47,080
Speaker 2: Well, yeah, for see, thirty nine forty is not unheard of.

521
00:24:47,119 --> 00:24:49,040
Speaker 2: But late june's an issue, isn't it.

522
00:24:49,520 --> 00:24:51,480
Speaker 14: Yeah, that's right. It's a little early for us.

523
00:24:51,520 --> 00:24:53,639
Speaker 2: I think, good stuff. Go well, we'll catch up soon.

524
00:24:53,720 --> 00:24:55,720
Speaker 2: Joe appreciate it, bree much just before we leave itally,

525
00:24:55,720 --> 00:24:57,240
Speaker 2: by the way, Golden Goose, which I told you about

526
00:24:57,240 --> 00:24:59,439
Speaker 2: a couple of weeks ago. Golden Goose make a very

527
00:24:59,520 --> 00:25:02,320
Speaker 2: nice sneak, among other things. They're available in New Zealand,

528
00:25:03,000 --> 00:25:06,600
Speaker 2: very Italian looking. Anyway, they're going to IPO themselves, and

529
00:25:06,640 --> 00:25:08,320
Speaker 2: we said stand by, it's going to be the biggest

530
00:25:08,320 --> 00:25:10,960
Speaker 2: IPO in Europe this year potentially. They pulled the pin

531
00:25:11,040 --> 00:25:13,280
Speaker 2: over night. And the reason they pulled the pen is interesting.

532
00:25:13,840 --> 00:25:18,000
Speaker 2: The European Parliament minary elections mess. Everyone went right, No

533
00:25:18,080 --> 00:25:20,760
Speaker 2: one voted for the Greens. There's upheaval and the snap

534
00:25:20,800 --> 00:25:23,200
Speaker 2: election of France they didn't like either. The current market

535
00:25:23,240 --> 00:25:27,320
Speaker 2: backdrop is not the right environment to take the company public. Now,

536
00:25:27,320 --> 00:25:29,040
Speaker 2: whether or not you would have ever been involved in

537
00:25:29,040 --> 00:25:31,080
Speaker 2: an IPO of an Italian company is not the point.

538
00:25:31,080 --> 00:25:34,480
Speaker 2: The point is that the geopolitical instability in the world

539
00:25:34,520 --> 00:25:38,000
Speaker 2: at the moment is not good or conducive for doing business,

540
00:25:38,040 --> 00:25:41,640
Speaker 2: and that affects us all. Turn away from seven call

541
00:25:41,760 --> 00:25:42,119
Speaker 2: the My.

542
00:25:42,280 --> 00:25:45,159
Speaker 3: Costing Breakfast with Jaguar News Tom.

543
00:25:45,080 --> 00:25:47,040
Speaker 2: S b Right, So I gave you the safe Haven

544
00:25:47,080 --> 00:25:49,160
Speaker 2: News about New Zealand as far as millionaires and where

545
00:25:49,160 --> 00:25:51,359
Speaker 2: they're going. We touched on this very briefly yesterday, but

546
00:25:51,400 --> 00:25:53,560
Speaker 2: this morning they published the full list the top countries

547
00:25:53,600 --> 00:25:56,240
Speaker 2: in the world where they're all going. Where is utopia

548
00:25:56,359 --> 00:25:58,240
Speaker 2: if you're lucky enough to be able to park yourself

549
00:25:58,280 --> 00:26:00,800
Speaker 2: anywhere in the world. The will start with ten Japan,

550
00:26:01,119 --> 00:26:02,960
Speaker 2: they're going to gain about four hundred of them this year,

551
00:26:02,960 --> 00:26:06,240
Speaker 2: Portugal eight hundred, Grease twelve hundred. I suspect that small

552
00:26:06,280 --> 00:26:08,000
Speaker 2: lifestyle Greece is not really I mean you're not going

553
00:26:08,000 --> 00:26:09,680
Speaker 2: to Greece to do much apart from eat Hollives and

554
00:26:09,720 --> 00:26:12,800
Speaker 2: line in the sun aas Switzerland fifteen hundred. A couple

555
00:26:12,880 --> 00:26:14,760
Speaker 2: of thousand are going to go to Whitley. That's interesting.

556
00:26:14,760 --> 00:26:17,320
Speaker 2: Australia two and a half. See Australia's there. Why is

557
00:26:17,359 --> 00:26:20,600
Speaker 2: Australia on the list of attracting millionaires and we're not

558
00:26:20,960 --> 00:26:24,760
Speaker 2: why because they got their act together. Canada Singapore doesn't

559
00:26:24,760 --> 00:26:27,480
Speaker 2: surprise me us I gave you yesterday. But top of

560
00:26:27,480 --> 00:26:29,360
Speaker 2: the pile is the UAE, if you want to say,

561
00:26:29,359 --> 00:26:32,000
Speaker 2: I mean, I don't know about the UAE culturally, whether

562
00:26:32,040 --> 00:26:35,760
Speaker 2: you'd really enjoy its fifty degrees in summer. Booze is

563
00:26:35,800 --> 00:26:37,399
Speaker 2: a problem. I mean, if booze is a problem, it's

564
00:26:37,440 --> 00:26:39,280
Speaker 2: too hot, I don't know why you'd go there, But anyway,

565
00:26:39,400 --> 00:26:41,360
Speaker 2: lots of people do because it's fizzing. I mean they've

566
00:26:41,359 --> 00:26:44,240
Speaker 2: built a utopia basically. Now, the countries that are losing

567
00:26:44,800 --> 00:26:48,240
Speaker 2: the most millionaires, Vietnam's losing about three hundred, Nigeria three hundred,

568
00:26:48,760 --> 00:26:51,199
Speaker 2: Taiwand's losing a few. South Africa. I mean they're all

569
00:26:51,240 --> 00:26:53,400
Speaker 2: left anyway, so there's only six hundred to lose. Brazil's

570
00:26:53,440 --> 00:26:57,080
Speaker 2: losing them, Russia another thousand are wandering off. You wonder why,

571
00:26:57,760 --> 00:27:01,840
Speaker 2: probably running before they get shot at the border. South Korea. India.

572
00:27:01,920 --> 00:27:04,480
Speaker 2: I'm surprised about India. India's gangbusters at the moment, the

573
00:27:04,600 --> 00:27:06,480
Speaker 2: UK gave you the number yesterday, nine and a half

574
00:27:06,480 --> 00:27:10,280
Speaker 2: thousand in counting. China are going to lose the most millionaires.

575
00:27:10,320 --> 00:27:12,160
Speaker 2: If you're Chinese and wealthy, why would you hang out

576
00:27:12,160 --> 00:27:13,840
Speaker 2: in China? The way they're running the place at the moment,

577
00:27:13,880 --> 00:27:15,720
Speaker 2: five minutes away from seven.

578
00:27:16,200 --> 00:27:17,720
Speaker 3: All the ins and the outs.

579
00:27:18,040 --> 00:27:21,520
Speaker 1: It's the fizz on the Mike Husking breakfast on News

580
00:27:21,560 --> 00:27:22,800
Speaker 1: Talk sed B now from I.

581
00:27:22,760 --> 00:27:24,480
Speaker 2: Did I Tell You? I Did I tell you? File?

582
00:27:24,560 --> 00:27:26,480
Speaker 2: We got another reb start up this morning that's filed

583
00:27:26,520 --> 00:27:29,000
Speaker 2: for bankruptcy protection, Fiski. You know the name, Fiska. Their

584
00:27:29,000 --> 00:27:32,359
Speaker 2: initial car was quite good looking goes back aways, but

585
00:27:32,440 --> 00:27:35,800
Speaker 2: you thought at the time O year Design's okay. They

586
00:27:35,920 --> 00:27:39,879
Speaker 2: filed for protection after admitting there was lackluster consumer demand

587
00:27:39,960 --> 00:27:42,960
Speaker 2: for their cars. No kidding, they're burning cashlight this no tomorrow.

588
00:27:43,040 --> 00:27:45,960
Speaker 2: They got operational and product issues, mostly within their batteries.

589
00:27:46,440 --> 00:27:49,080
Speaker 2: They went public four years ago, had evaluation of almost

590
00:27:49,080 --> 00:27:53,120
Speaker 2: three billion US eh I. They see the future absolutely,

591
00:27:53,160 --> 00:27:58,520
Speaker 2: Fisca gangbusters. They were fueled by seeing Tesla's success, as

592
00:27:58,520 --> 00:28:00,639
Speaker 2: well as low interest rates and walls great thinking that

593
00:28:00,680 --> 00:28:04,040
Speaker 2: evs were rather go to anyway. Tesla was an anomally

594
00:28:04,119 --> 00:28:06,560
Speaker 2: still are. Of course, how you explained Tesla, I got

595
00:28:06,640 --> 00:28:09,960
Speaker 2: no way of understanding. But nevertheless, they've got problems for months.

596
00:28:09,960 --> 00:28:12,479
Speaker 2: They've got what they had. They've recalled most of their

597
00:28:12,560 --> 00:28:15,000
Speaker 2: vehicles because the software issues. They also had what was

598
00:28:15,040 --> 00:28:16,919
Speaker 2: it called the s view is called like the ocean,

599
00:28:17,480 --> 00:28:20,080
Speaker 2: the Fiska Ocean, and I mean that alone. No one's

600
00:28:20,080 --> 00:28:23,480
Speaker 2: buying a car called the Ocean. So they're the latest collapse.

601
00:28:23,480 --> 00:28:27,640
Speaker 2: You've got the likes of praterr, Lordstown Motors, Electric Lass Mile,

602
00:28:27,720 --> 00:28:30,440
Speaker 2: they're all gone. Electric Last Mile Solutions wasn't a solution

603
00:28:30,560 --> 00:28:34,960
Speaker 2: all they're gone. Others like Nicola or Nicola, Faraday Future,

604
00:28:35,000 --> 00:28:37,320
Speaker 2: they're still surviving, but they've traded under a bucker share

605
00:28:37,359 --> 00:28:40,520
Speaker 2: at the moment. Guy at the Bank of America, who

606
00:28:40,560 --> 00:28:44,160
Speaker 2: does the motoring stuff for them, he said yesterday to

607
00:28:44,280 --> 00:28:49,080
Speaker 2: the GMS, the Chryslers, get out of China as fast

608
00:28:49,160 --> 00:28:52,040
Speaker 2: as you can, and if they can't. And this is

609
00:28:52,080 --> 00:28:53,760
Speaker 2: what I was trying to explain the other day. With

610
00:28:53,840 --> 00:28:57,640
Speaker 2: the sanctions and the EU and the US pinging China

611
00:28:57,680 --> 00:28:59,840
Speaker 2: for dumping these products on the market, a lot of

612
00:28:59,840 --> 00:29:02,480
Speaker 2: the companies, a lot of European companies, companies like BMW

613
00:29:02,560 --> 00:29:05,560
Speaker 2: are heavily immersed in China. But once the Chinese government

614
00:29:05,560 --> 00:29:07,600
Speaker 2: are behaving the way the Chinese government is, you got

615
00:29:07,600 --> 00:29:09,720
Speaker 2: your factory, you got your workers, You're stuck. And when

616
00:29:09,720 --> 00:29:11,320
Speaker 2: some guy at a bank goes, get the hell out

617
00:29:11,360 --> 00:29:13,520
Speaker 2: because you're never going to compete. You will never compete

618
00:29:13,920 --> 00:29:16,440
Speaker 2: with You're not just competing with BYD. You're competing with

619
00:29:16,480 --> 00:29:19,280
Speaker 2: BYD in the Chinese government and that is your problem.

620
00:29:19,400 --> 00:29:22,840
Speaker 2: Until they break that, no one's going anywhere fast. So

621
00:29:22,920 --> 00:29:25,320
Speaker 2: think about that next time you're dealing with the Chinese

622
00:29:25,360 --> 00:29:27,840
Speaker 2: in any way, shape or form. Michael Gordon at the

623
00:29:27,880 --> 00:29:29,520
Speaker 2: bank or at least one of the banks, are we

624
00:29:29,560 --> 00:29:32,680
Speaker 2: going up? Well, we're going down. It's GDP day today.

625
00:29:32,760 --> 00:29:34,560
Speaker 2: More after the News, which is next here at news

626
00:29:34,600 --> 00:29:35,400
Speaker 2: Talk said.

627
00:29:35,160 --> 00:29:40,600
Speaker 1: Be you're trusted home for news for its entertainment's opinion

628
00:29:40,680 --> 00:29:44,800
Speaker 1: and fighting the my Hosking breakfast with a Vida live

629
00:29:44,840 --> 00:29:47,200
Speaker 1: the age you feel, news Talk said.

630
00:29:46,960 --> 00:29:50,240
Speaker 2: B seven past seven. Who doesn't love GDP Day? Are

631
00:29:50,240 --> 00:29:52,000
Speaker 2: we still in recession or not? It's the print for

632
00:29:52,080 --> 00:29:54,440
Speaker 2: Q one, Jan, Feb and March. Banks are split Westpac,

633
00:29:54,520 --> 00:29:56,200
Speaker 2: Qui Bank B and z C of four A and

634
00:29:56,280 --> 00:29:59,760
Speaker 2: z ASBC growth. Westpac senior economist Michael Gordon will us

635
00:29:59,800 --> 00:30:02,160
Speaker 2: could good morning. As far as the banks are concerned,

636
00:30:02,200 --> 00:30:04,760
Speaker 2: you're at the negative end of the spectrum. Why you

637
00:30:04,880 --> 00:30:06,880
Speaker 2: there and others are up? How are you down and

638
00:30:06,920 --> 00:30:07,360
Speaker 2: there up?

639
00:30:08,960 --> 00:30:09,200
Speaker 18: Well?

640
00:30:09,240 --> 00:30:11,760
Speaker 19: I think firstly, everyone's in a pretty similar range. It's

641
00:30:11,800 --> 00:30:16,160
Speaker 19: either slightly above or slightly below zero growth. And bearing

642
00:30:16,160 --> 00:30:18,200
Speaker 19: in mindus is when we've also still had some pretty

643
00:30:18,200 --> 00:30:20,560
Speaker 19: strong population growth through that time. You'd think that would

644
00:30:20,560 --> 00:30:23,440
Speaker 19: provide a little bit of a baseline of growth and activity.

645
00:30:23,960 --> 00:30:25,600
Speaker 19: But I think everyone's saying we was sort of backwards

646
00:30:25,640 --> 00:30:25,960
Speaker 19: in per.

647
00:30:25,880 --> 00:30:27,280
Speaker 3: Person terms exactly.

648
00:30:28,040 --> 00:30:28,560
Speaker 2: So carry on.

649
00:30:29,680 --> 00:30:31,520
Speaker 19: I think in terms of detailed I would just like

650
00:30:31,560 --> 00:30:34,480
Speaker 19: to highlight this where we see the weakness. It is

651
00:30:34,520 --> 00:30:37,960
Speaker 19: concentrated in a few areas, like building. It's not necessarily

652
00:30:38,000 --> 00:30:40,040
Speaker 19: a widespread thing. But that said, that's not really any

653
00:30:40,120 --> 00:30:42,480
Speaker 19: area that standing out is particularly strong at the moment.

654
00:30:42,600 --> 00:30:44,560
Speaker 2: Okay, so's say you're right for Q one. Can we

655
00:30:44,600 --> 00:30:46,520
Speaker 2: write Q two off, which we're just about to wrap up?

656
00:30:46,520 --> 00:30:48,760
Speaker 2: In other words, Q two can't have been better than

657
00:30:48,800 --> 00:30:49,200
Speaker 2: Q one.

658
00:30:50,160 --> 00:30:52,000
Speaker 19: No, it's not looking great, and we do have a

659
00:30:52,040 --> 00:30:55,000
Speaker 19: small minus penciled into that one as well as as

660
00:30:55,040 --> 00:30:57,760
Speaker 19: some of the indicators are coming in, it's you know,

661
00:30:57,920 --> 00:30:59,680
Speaker 19: it's certainly not looking flash at the moment, and I

662
00:30:59,720 --> 00:31:01,920
Speaker 19: think it really a story of it's probably going to

663
00:31:01,920 --> 00:31:05,200
Speaker 19: be something either side of zero growth or for much

664
00:31:05,200 --> 00:31:05,680
Speaker 19: of this year.

665
00:31:05,760 --> 00:31:07,480
Speaker 2: Yeah, I was going to say, because I can't see

666
00:31:07,520 --> 00:31:09,080
Speaker 2: what it is that happens. We all seem to be

667
00:31:09,120 --> 00:31:12,240
Speaker 2: holding out for some miracle that the expert returns go

668
00:31:12,360 --> 00:31:14,880
Speaker 2: through the roof, or Adrian says my mistake and I'll

669
00:31:14,880 --> 00:31:16,120
Speaker 2: start cutting left, right and center.

670
00:31:16,200 --> 00:31:16,360
Speaker 3: Now.

671
00:31:16,560 --> 00:31:18,600
Speaker 2: I don't see either thing like that happening, do you.

672
00:31:19,760 --> 00:31:19,960
Speaker 20: Yeah.

673
00:31:19,960 --> 00:31:22,120
Speaker 19: I mean, I think the most likely catalyst will be

674
00:31:22,240 --> 00:31:25,520
Speaker 19: on their interest rate side. Once we get I guess

675
00:31:25,520 --> 00:31:29,440
Speaker 19: some convincing evidence that inflation pressures are coming down and

676
00:31:29,480 --> 00:31:32,480
Speaker 19: staying down where they should be, then there'll be room

677
00:31:32,520 --> 00:31:34,320
Speaker 19: for interest rate relief. And it's really just a question

678
00:31:34,360 --> 00:31:36,360
Speaker 19: of when that happens. I mean, we're kind of talking

679
00:31:36,480 --> 00:31:39,320
Speaker 19: early next year for the first cuts, reserve banks trying

680
00:31:39,320 --> 00:31:41,200
Speaker 19: to put out a signal of something even later into

681
00:31:41,240 --> 00:31:44,600
Speaker 19: next year. But I do think there's probably an issue

682
00:31:44,640 --> 00:31:46,480
Speaker 19: of there are a lot of people that thought we'd

683
00:31:46,520 --> 00:31:49,400
Speaker 19: be having them by now and they haven't happened, and

684
00:31:50,560 --> 00:31:51,800
Speaker 19: you know, they haven't really planned to that.

685
00:31:52,240 --> 00:31:54,719
Speaker 2: What's the level of pain that you're really seeing that

686
00:31:54,800 --> 00:31:57,680
Speaker 2: the headlines will tell us people are screaming, doors are closing,

687
00:31:57,760 --> 00:32:00,480
Speaker 2: wallets are shut. Adrian goes on, this is all going

688
00:32:00,480 --> 00:32:02,640
Speaker 2: to plan. What's the real story?

689
00:32:04,200 --> 00:32:06,440
Speaker 19: Yeah, I mean, I think this is the reality of

690
00:32:06,720 --> 00:32:09,080
Speaker 19: what it's like to live through a recession from day

691
00:32:09,080 --> 00:32:10,840
Speaker 19: to day. I think it's we easily forget that and

692
00:32:10,840 --> 00:32:13,120
Speaker 19: we see it as a few points on a chart

693
00:32:13,680 --> 00:32:15,560
Speaker 19: in history, but actually living through it, you do get

694
00:32:15,560 --> 00:32:19,440
Speaker 19: these kind of stories. I mean, I think the best

695
00:32:19,560 --> 00:32:22,480
Speaker 19: gauge of where we are, where the economy is right

696
00:32:22,480 --> 00:32:25,520
Speaker 19: now I always synthesize, is it's really down employment rates.

697
00:32:25,600 --> 00:32:28,120
Speaker 19: So whereas it now four point three percent, that's not

698
00:32:28,520 --> 00:32:30,520
Speaker 19: terribly high. In fact, there's probably one of the lower

699
00:32:30,600 --> 00:32:33,040
Speaker 19: rates we've had in history. But it is rising and

700
00:32:33,480 --> 00:32:35,280
Speaker 19: you know, no one thinks it's going to stop here.

701
00:32:35,280 --> 00:32:37,360
Speaker 19: We're expecting that to peak at about five and a

702
00:32:37,400 --> 00:32:37,880
Speaker 19: half percent.

703
00:32:38,240 --> 00:32:40,200
Speaker 2: Miche I appreciate it very much, and good luck with

704
00:32:40,240 --> 00:32:43,160
Speaker 2: your forecast. Westpac. Seen your economist Michael Gordon with us

705
00:32:43,160 --> 00:32:45,280
Speaker 2: ten minutes past seven pass How would you tall for

706
00:32:45,280 --> 00:32:46,960
Speaker 2: further morning on News talks there. But now, as we

707
00:32:47,000 --> 00:32:49,120
Speaker 2: suggested this time yesterday, the cowvi An auction was going

708
00:32:49,160 --> 00:32:51,200
Speaker 2: to be another bust. No bids were made yesterday. It's

709
00:32:51,240 --> 00:32:53,040
Speaker 2: the second action of the year, so the government misses

710
00:32:53,080 --> 00:32:55,320
Speaker 2: out on hundreds of millions of dollars. The Minister of

711
00:32:55,400 --> 00:32:57,560
Speaker 2: Climate Change, Simon Watts, is with us on this. Simon,

712
00:32:57,640 --> 00:32:58,480
Speaker 2: very good morning.

713
00:32:58,200 --> 00:33:00,280
Speaker 18: To you, Very good morning, Michael.

714
00:33:00,280 --> 00:33:01,840
Speaker 2: Thanks for having me. Not at all. No one's more

715
00:33:01,840 --> 00:33:03,640
Speaker 2: interested in the carbon market than I am. So the

716
00:33:03,680 --> 00:33:06,800
Speaker 2: last government completely and utterly cocked the thing up. You

717
00:33:06,920 --> 00:33:09,920
Speaker 2: ironically have done the same thing by doing good stuff

718
00:33:10,000 --> 00:33:13,560
Speaker 2: ets on farmers, ets on forest. But what that means

719
00:33:14,200 --> 00:33:16,560
Speaker 2: is if you put uncertainty into the market. When you

720
00:33:16,560 --> 00:33:18,640
Speaker 2: put uncertainty in the market, no one turns up. Is

721
00:33:18,640 --> 00:33:19,040
Speaker 2: that fair?

722
00:33:20,320 --> 00:33:22,560
Speaker 18: I don't think it is fair. The reality is the

723
00:33:22,560 --> 00:33:28,200
Speaker 18: effectiveness of the ets isn't determined by an individual market outcome,

724
00:33:28,320 --> 00:33:31,720
Speaker 18: and what we saw yesterday was the reality that demand

725
00:33:32,160 --> 00:33:34,760
Speaker 18: wasn't meeting the supply at the price which was in

726
00:33:34,840 --> 00:33:39,360
Speaker 18: play on the government market, and there was no participation.

727
00:33:39,560 --> 00:33:42,160
Speaker 18: Those units move forward to the next auction. But you

728
00:33:42,160 --> 00:33:44,920
Speaker 18: know these players, if they want units, there is a

729
00:33:44,960 --> 00:33:49,280
Speaker 18: secondary market and that's operating, you know, pretty reasonably at

730
00:33:49,280 --> 00:33:50,080
Speaker 18: the moment.

731
00:33:51,320 --> 00:33:53,560
Speaker 2: The price you're setting your main market at, and if

732
00:33:53,560 --> 00:33:55,760
Speaker 2: you just transfer a whole lot of unsold stuff to

733
00:33:55,800 --> 00:33:57,480
Speaker 2: the next auction, the same thing's going to happen like

734
00:33:57,520 --> 00:33:58,200
Speaker 2: it did last year.

735
00:33:59,120 --> 00:34:00,720
Speaker 18: Yeah, well, there's a lot of actors a play in

736
00:34:00,880 --> 00:34:04,600
Speaker 18: terms of driving the overarching price. I don't comment as

737
00:34:04,640 --> 00:34:07,360
Speaker 18: minister around that, but what I am focused on is

738
00:34:07,400 --> 00:34:09,400
Speaker 18: making sure we've got a credible market. Hence why we

739
00:34:09,440 --> 00:34:12,080
Speaker 18: stopped the review that the current the last government had

740
00:34:12,120 --> 00:34:14,520
Speaker 18: in play, why we've been putting through what we think

741
00:34:14,560 --> 00:34:17,680
Speaker 18: is from pretty sensible changes. But the big key aspect

742
00:34:17,800 --> 00:34:20,880
Speaker 18: is the release of our emissions reduction plan. What are

743
00:34:20,880 --> 00:34:23,000
Speaker 18: we going to do in the next five years in

744
00:34:23,000 --> 00:34:25,759
Speaker 18: addition to the ets to get the emissions down And

745
00:34:25,800 --> 00:34:27,880
Speaker 18: that'll be coming out in early July exactly.

746
00:34:27,880 --> 00:34:29,600
Speaker 2: But that's my entire point. No one knows what that

747
00:34:29,760 --> 00:34:31,160
Speaker 2: is and because no one knows what it is now

748
00:34:31,160 --> 00:34:31,960
Speaker 2: it is turning up to an.

749
00:34:31,920 --> 00:34:36,080
Speaker 18: Option well fair enough, but not long to wait. And

750
00:34:36,120 --> 00:34:38,879
Speaker 18: regards the release of that, you know, we're just over

751
00:34:38,920 --> 00:34:41,560
Speaker 18: two fifty days in to this government. There's a lot

752
00:34:41,600 --> 00:34:43,640
Speaker 18: on We've had to stabilize a lot of aspects. But

753
00:34:43,680 --> 00:34:45,759
Speaker 18: we've been working damn hard in the background to get

754
00:34:46,000 --> 00:34:48,319
Speaker 18: a plan in place to send a clear signal to

755
00:34:48,360 --> 00:34:51,319
Speaker 18: the market around what our intent is. Because words are good,

756
00:34:51,360 --> 00:34:53,319
Speaker 18: but we need to follow that through with that more.

757
00:34:53,640 --> 00:34:55,960
Speaker 2: How far short of Dutton are you and pulling out

758
00:34:56,000 --> 00:34:58,080
Speaker 2: of the Paris deal because it's unrealistic.

759
00:34:59,080 --> 00:35:02,759
Speaker 18: Yeah, we're nowhere near where they are at. And I

760
00:35:02,760 --> 00:35:06,680
Speaker 18: don't comment on other other countries governments and all of that,

761
00:35:06,760 --> 00:35:09,880
Speaker 18: but we've been very clear we're committed to our targets.

762
00:35:10,480 --> 00:35:13,880
Speaker 18: We've got prime ministerial targets around our domestic emissions. Early

763
00:35:13,920 --> 00:35:16,640
Speaker 18: indications are that we're looking good in regards to the

764
00:35:16,680 --> 00:35:20,279
Speaker 18: domestic missions budget. We'll have more information in our plan

765
00:35:20,400 --> 00:35:23,719
Speaker 18: around that. But you know, look, it is challenging but

766
00:35:24,440 --> 00:35:27,880
Speaker 18: finding the balance between you know, not killing industry and

767
00:35:28,000 --> 00:35:33,080
Speaker 18: not doing stuff that isn't practical, letting the market do

768
00:35:33,160 --> 00:35:35,239
Speaker 18: what it can, but actually supporting the market to do

769
00:35:35,280 --> 00:35:37,560
Speaker 18: what it does. Know the corporates like from Terror and

770
00:35:37,600 --> 00:35:39,280
Speaker 18: that are already doing a whole lot of the stuff.

771
00:35:39,280 --> 00:35:42,279
Speaker 18: Why because the customers and the consumers overseas are demanding it,

772
00:35:42,320 --> 00:35:43,719
Speaker 18: not because the government's telling them to do.

773
00:35:43,680 --> 00:35:45,640
Speaker 2: It all right, Well, we'll look for auction three or

774
00:35:45,640 --> 00:35:47,560
Speaker 2: four and see if it works. Simon, appreciate it. Minister

775
00:35:47,640 --> 00:35:50,880
Speaker 2: of Climate Change, Simon, what's the team? Minutes past seven past.

776
00:35:51,239 --> 00:35:53,320
Speaker 2: My fear is that if the RB doesn't cut to

777
00:35:53,360 --> 00:35:55,319
Speaker 2: the first quarter of twenty five, the pain using them

778
00:35:55,360 --> 00:35:57,640
Speaker 2: we'll go through before that and at least a year

779
00:35:57,680 --> 00:35:59,640
Speaker 2: after a national won't have enough time to turn it

780
00:35:59,640 --> 00:36:01,799
Speaker 2: around till twenty six in the election and will vote

781
00:36:01,800 --> 00:36:03,680
Speaker 2: for anyone that promises to take away the pain. So

782
00:36:03,760 --> 00:36:05,399
Speaker 2: Labour and the Greens and the Marray Party get back

783
00:36:05,440 --> 00:36:07,640
Speaker 2: and then we're really stuffed. Well couple of things out

784
00:36:07,640 --> 00:36:09,160
Speaker 2: of that. It's not a bad point. A lot can

785
00:36:09,160 --> 00:36:11,879
Speaker 2: happen in a year, and there's a desperation i think

786
00:36:11,920 --> 00:36:14,120
Speaker 2: in this economy and in this country to see the

787
00:36:14,160 --> 00:36:15,879
Speaker 2: good news, and when the good news comes, we want

788
00:36:15,880 --> 00:36:17,759
Speaker 2: to leap on it with alacrity. So that should be

789
00:36:17,880 --> 00:36:20,760
Speaker 2: late twenty four to twenty five. So two full years

790
00:36:20,800 --> 00:36:23,400
Speaker 2: is a long time in politics and the economy. And

791
00:36:23,480 --> 00:36:25,919
Speaker 2: also the question around Adrian. Maybe they'll live to regret

792
00:36:25,960 --> 00:36:28,240
Speaker 2: that they should have rolled Adrian. They don't like Adrian,

793
00:36:28,320 --> 00:36:30,600
Speaker 2: we know they don't like Adrian. We know they blame

794
00:36:30,640 --> 00:36:33,200
Speaker 2: Adrian for the mess we're in, yet they didn't do

795
00:36:33,200 --> 00:36:35,360
Speaker 2: anything about it when they had the opportunity. Mike, interesting

796
00:36:35,400 --> 00:36:37,759
Speaker 2: listening to texts complaining about what the government aren't doing.

797
00:36:38,760 --> 00:36:41,000
Speaker 2: They're trying to create an environment so people can once

798
00:36:41,000 --> 00:36:43,720
Speaker 2: again pursue a future they might aspire to. Good line.

799
00:36:43,920 --> 00:36:46,080
Speaker 2: When you're dealing with a populace and doctrinator with a

800
00:36:46,160 --> 00:36:49,160
Speaker 2: nanny state. Dare I say at semi socialist mindset, it's

801
00:36:49,200 --> 00:36:50,960
Speaker 2: a tough road to hope for them, but there's no

802
00:36:51,040 --> 00:36:53,720
Speaker 2: handout anymore that will afford you the right to complain

803
00:36:53,760 --> 00:36:57,200
Speaker 2: a little less than yesterday, but fuel tomorrow's grizzle and

804
00:36:57,239 --> 00:36:59,600
Speaker 2: the hope their ten of borrowed money might still hold

805
00:36:59,640 --> 00:37:03,200
Speaker 2: one more penny for you. Text of the Morning fourteen.

806
00:37:02,880 --> 00:37:05,720
Speaker 3: Past the hosting races.

807
00:37:06,280 --> 00:37:08,160
Speaker 2: A bit of upsetting the car industry, your parts in

808
00:37:08,160 --> 00:37:11,240
Speaker 2: the car industry, Simming Brown, Transport minister looking at reviewing

809
00:37:11,280 --> 00:37:14,400
Speaker 2: the emission standards. I'll explain the detail that's about important

810
00:37:14,400 --> 00:37:15,880
Speaker 2: cars and how you got to balance it out and

811
00:37:15,920 --> 00:37:17,360
Speaker 2: what labour did and how they cocked it all up

812
00:37:17,360 --> 00:37:19,000
Speaker 2: and how it needs to be rectified. But anyway, more

813
00:37:19,040 --> 00:37:21,960
Speaker 2: on that coming shortly seventeen past seven, Caine Williamson as

814
00:37:22,000 --> 00:37:24,000
Speaker 2: I'm sure you're well where by now stepping down as captain,

815
00:37:24,080 --> 00:37:26,600
Speaker 2: turned down a heavyweight contract for a casual one, is

816
00:37:26,640 --> 00:37:28,360
Speaker 2: going to look for some income in those overseas T

817
00:37:28,520 --> 00:37:31,080
Speaker 2: twenty leagues next year. Now the Players Association boss Heath

818
00:37:31,120 --> 00:37:34,160
Speaker 2: Mills is with us on this morning, mate, Good morning, Mike.

819
00:37:34,480 --> 00:37:36,040
Speaker 2: Is this bolt but better handled?

820
00:37:36,280 --> 00:37:36,640
Speaker 6: Sort of?

821
00:37:37,960 --> 00:37:40,520
Speaker 21: Possibly? Yes, I think that's fair to say. I think

822
00:37:40,520 --> 00:37:44,640
Speaker 21: we're first he accepted the contract a couple of years

823
00:37:44,640 --> 00:37:46,239
Speaker 21: ago and then h had the opportunity to go and

824
00:37:46,280 --> 00:37:48,800
Speaker 21: play in the Ilt League of the UAE, and that

825
00:37:48,960 --> 00:37:51,759
Speaker 21: was pretty new. It probably not handled that well by

826
00:37:51,760 --> 00:37:54,239
Speaker 21: all of us, but we're now going to have a

827
00:37:54,239 --> 00:37:56,360
Speaker 21: good system in place. I think we have a casual

828
00:37:56,440 --> 00:38:00,080
Speaker 21: international playing agreement and you know, caters for the situation

829
00:38:00,320 --> 00:38:04,319
Speaker 21: where some of our players are very compelling, you know,

830
00:38:05,719 --> 00:38:08,879
Speaker 21: players for overseas leagues and T twenty leagues, and we've

831
00:38:08,880 --> 00:38:10,759
Speaker 21: got the opportunity now for them to go and play

832
00:38:10,800 --> 00:38:12,600
Speaker 21: in these leagues. But we'll still play for New Zealand.

833
00:38:13,400 --> 00:38:15,279
Speaker 2: If you're a king Williams, and why wouldn't you need

834
00:38:15,320 --> 00:38:16,920
Speaker 2: to set your family up and if there's money in

835
00:38:17,000 --> 00:38:19,200
Speaker 2: India or the Caribbean whatever, then go.

836
00:38:19,280 --> 00:38:23,160
Speaker 21: For them, absolutely right. I mean, as we were all

837
00:38:23,200 --> 00:38:24,759
Speaker 21: over the world where you know, we all need to

838
00:38:24,800 --> 00:38:27,439
Speaker 21: pay the bills and in our players that have huge

839
00:38:27,440 --> 00:38:29,920
Speaker 21: opportunities now. And I think part of this issue that

840
00:38:29,960 --> 00:38:32,080
Speaker 21: we have as stems from the fact that there's there's

841
00:38:32,080 --> 00:38:35,720
Speaker 21: not a coherent global schedule. We have international cricket colliding

842
00:38:35,719 --> 00:38:38,239
Speaker 21: with franchise T twenty cricket all around the world now

843
00:38:38,480 --> 00:38:41,439
Speaker 21: because the national boards haven't come together in the Greed

844
00:38:41,600 --> 00:38:44,200
Speaker 21: program that made sense where you had windows for T

845
00:38:44,200 --> 00:38:47,320
Speaker 21: twenty leagues or windows for international cricket. So this is

846
00:38:47,400 --> 00:38:50,080
Speaker 21: just a symptom of that bigger problem. And we saw

847
00:38:50,080 --> 00:38:53,279
Speaker 21: it last year when the South African side since their

848
00:38:53,280 --> 00:38:55,360
Speaker 21: best players stayed at home to prioritize playing in the

849
00:38:55,480 --> 00:38:57,560
Speaker 21: T twenty comp rather than come here and play a

850
00:38:57,600 --> 00:38:59,640
Speaker 21: T series in New Zealand. So it's a bigger problem

851
00:38:59,680 --> 00:38:59,920
Speaker 21: at play.

852
00:39:00,600 --> 00:39:02,920
Speaker 2: I've got tremendo sympathy for your argument. It's sort of

853
00:39:02,960 --> 00:39:05,319
Speaker 2: like North South rugby as well. But when you're dealing

854
00:39:05,320 --> 00:39:07,480
Speaker 2: with millionaires who own stuff, they will do it the

855
00:39:07,480 --> 00:39:10,040
Speaker 2: way they couldn't give the monkeys about you, Heath or

856
00:39:10,080 --> 00:39:11,920
Speaker 2: anything else apart from their own competition.

857
00:39:12,840 --> 00:39:14,520
Speaker 21: I do feel that at times might don't worry. But

858
00:39:15,160 --> 00:39:17,520
Speaker 21: what I would say though, was that national Boards though

859
00:39:18,239 --> 00:39:20,080
Speaker 21: if you own and run a lot of these T

860
00:39:20,200 --> 00:39:23,440
Speaker 21: twenty competitions like the South African one other big BESH League,

861
00:39:23,480 --> 00:39:26,000
Speaker 21: so these are actually run by the national boards, so

862
00:39:26,440 --> 00:39:28,920
Speaker 21: they're actually competing with themselves, which is the person thing

863
00:39:28,920 --> 00:39:31,480
Speaker 21: about us where you have they're trying to run a

864
00:39:31,600 --> 00:39:34,680
Speaker 21: teen eleven months of the year international program whilst the

865
00:39:34,719 --> 00:39:37,600
Speaker 21: same time playing tea twenty franchise competitions, trying to get

866
00:39:37,600 --> 00:39:39,759
Speaker 21: the best players in the will to play them. So

867
00:39:39,920 --> 00:39:42,800
Speaker 21: until the issue, until they come together in a greer

868
00:39:43,239 --> 00:39:47,239
Speaker 21: program that makes sense his context and meaning his room

869
00:39:47,320 --> 00:39:49,239
Speaker 21: for both, then we're going to have players making these

870
00:39:49,280 --> 00:39:51,560
Speaker 21: sorts of decisions. And indeed, as we saw last year,

871
00:39:51,800 --> 00:39:54,759
Speaker 21: national Boards sending effective for your CE teams to play

872
00:39:54,760 --> 00:39:56,640
Speaker 21: in the National Cricket No one wins out of that.

873
00:39:56,920 --> 00:39:59,440
Speaker 2: No, that is true. Keith Heath, go well, appreciate it.

874
00:39:59,480 --> 00:40:02,319
Speaker 2: Good catch up, Heath Mills, New Zealand Cricketplaers Association. More

875
00:40:02,360 --> 00:40:04,440
Speaker 2: sport for you after eight. By the way, Joseph Parker

876
00:40:04,520 --> 00:40:06,640
Speaker 2: is in the studio looking forward to the catch up there, Mike,

877
00:40:06,680 --> 00:40:09,120
Speaker 2: I think the unemployment rates are a bit understated, as

878
00:40:09,160 --> 00:40:11,760
Speaker 2: many people losing their jobs, especially trades, are heading overseas

879
00:40:11,800 --> 00:40:13,680
Speaker 2: to Australia rather than going on the doll rick. Think

880
00:40:13,680 --> 00:40:16,000
Speaker 2: about what you're saying here. If the trade has lost

881
00:40:16,000 --> 00:40:17,760
Speaker 2: his job or the trade doesn't have any work anymore,

882
00:40:17,800 --> 00:40:20,480
Speaker 2: and they go to Australia, you can't understate the unemployment

883
00:40:20,560 --> 00:40:23,360
Speaker 2: rate here because there is nobody unemployed, because the unemployed

884
00:40:23,360 --> 00:40:25,880
Speaker 2: person who just cited is not in the country. Therefore

885
00:40:26,000 --> 00:40:28,480
Speaker 2: nothing changes. So I think the unemployment rates fairly accurate.

886
00:40:28,800 --> 00:40:31,879
Speaker 2: C Listers, let's talk about them shortly seven twenty.

887
00:40:32,719 --> 00:40:35,439
Speaker 3: On my Costil breakfast Keewe dream.

888
00:40:35,520 --> 00:40:37,359
Speaker 2: Many would agree owning a home is a big part

889
00:40:37,400 --> 00:40:39,359
Speaker 2: of that. So for the first time buyers in our lives,

890
00:40:39,400 --> 00:40:41,640
Speaker 2: whether it's the kids of the grandkids, the most, more

891
00:40:41,640 --> 00:40:44,239
Speaker 2: people who believe in making that dream a reality, the better,

892
00:40:44,320 --> 00:40:46,600
Speaker 2: of course. So like the bank with hart SBS Bank,

893
00:40:46,920 --> 00:40:48,960
Speaker 2: they believe in conserving the key we dream so much

894
00:40:49,239 --> 00:40:52,480
Speaker 2: that they've coined first home buyers and endangered species. They're

895
00:40:52,480 --> 00:40:54,520
Speaker 2: doing everything they can to help them thrive. So you

896
00:40:54,600 --> 00:40:56,799
Speaker 2: see this in their product. They've got the SBS First

897
00:40:56,880 --> 00:40:58,919
Speaker 2: Home Combo. Get to know this one. The SBS First

898
00:40:58,960 --> 00:41:04,279
Speaker 2: Home Combo very impressive inclusions. You got a discounted interest rate,

899
00:41:04,560 --> 00:41:06,440
Speaker 2: you got free Pulse broadband for the first year, got

900
00:41:06,480 --> 00:41:09,560
Speaker 2: a contribution towards SBS insurance home policies, got money back

901
00:41:09,560 --> 00:41:11,560
Speaker 2: into a life stage's ki we save, you got cash

902
00:41:11,600 --> 00:41:14,400
Speaker 2: back offer and of course first home lending and eligibility

903
00:41:14,480 --> 00:41:16,560
Speaker 2: criteria apply. So for all you need to know about

904
00:41:16,680 --> 00:41:19,200
Speaker 2: SBS terms, fees and charges, go to the old website.

905
00:41:19,280 --> 00:41:20,839
Speaker 2: And if you want to help guide a first home

906
00:41:20,880 --> 00:41:24,640
Speaker 2: buyer in the right direction, search SBS Bank. They are canstars,

907
00:41:24,680 --> 00:41:26,080
Speaker 2: by the way, best bank for the first home via

908
00:41:26,160 --> 00:41:29,520
Speaker 2: twenty twenty two and twenty twenty three, So go look

909
00:41:29,600 --> 00:41:34,839
Speaker 2: up and learn to love SBS Banks ketub seven twenty four.

910
00:41:34,880 --> 00:41:36,600
Speaker 2: On the fringes of the Prime Minister's Japan trip, a

911
00:41:36,600 --> 00:41:38,640
Speaker 2: couple of stories for you won the plane obviously that

912
00:41:38,760 --> 00:41:41,719
Speaker 2: needs replacing in two c listers. I very much doubt

913
00:41:42,280 --> 00:41:44,759
Speaker 2: whether anyone who matters in Japan really shifted their thinking

914
00:41:44,800 --> 00:41:47,279
Speaker 2: about New Zealand over such frippery. The plane is the

915
00:41:47,320 --> 00:41:49,759
Speaker 2: more serious story, obviously and needs addressing and if any

916
00:41:49,800 --> 00:41:51,960
Speaker 2: good news comes out of a bad situation, it might

917
00:41:52,160 --> 00:41:55,439
Speaker 2: just be that things have got so comical so third

918
00:41:55,520 --> 00:41:58,160
Speaker 2: world we might actually get around to addressing the problem.

919
00:41:58,640 --> 00:42:01,400
Speaker 2: No government, clearly, obviously over the years, has had the

920
00:42:01,440 --> 00:42:03,359
Speaker 2: gonads to make the call, given the politics of all

921
00:42:03,400 --> 00:42:05,440
Speaker 2: of this, remembering, of course, the seven five sevens are

922
00:42:05,480 --> 00:42:08,320
Speaker 2: not about VIPs really, They're mainly about troop movement. But

923
00:42:08,440 --> 00:42:11,200
Speaker 2: our plight, the image of our plight is now so pathetic,

924
00:42:11,680 --> 00:42:13,759
Speaker 2: we may as well just acquiesce and accept that we

925
00:42:13,920 --> 00:42:16,919
Speaker 2: need to actually show a bit of leadership and sort

926
00:42:16,960 --> 00:42:18,640
Speaker 2: it out once and for all. Than while we're at it,

927
00:42:19,160 --> 00:42:21,880
Speaker 2: do the ender Islanders at the same time. But to

928
00:42:21,960 --> 00:42:25,919
Speaker 2: story two CE listers and tagalogs, the PM was making

929
00:42:25,960 --> 00:42:28,480
Speaker 2: a point that bypassed too many of those who cover them.

930
00:42:28,680 --> 00:42:30,440
Speaker 2: Too many of those who cover them don't get it,

931
00:42:30,840 --> 00:42:32,719
Speaker 2: or more importantly, I suspect don't want to get it.

932
00:42:33,080 --> 00:42:35,040
Speaker 2: You only had to watch his press conference in full

933
00:42:35,480 --> 00:42:37,640
Speaker 2: in Japan on Tuesday, which I did to see it.

934
00:42:37,920 --> 00:42:40,280
Speaker 2: There are some in the press gallery basically that are children.

935
00:42:40,840 --> 00:42:41,600
Speaker 2: Was luxemblunt?

936
00:42:41,719 --> 00:42:41,879
Speaker 19: Yes?

937
00:42:42,239 --> 00:42:42,680
Speaker 2: Was he wrong?

938
00:42:43,000 --> 00:42:43,040
Speaker 11: No?

939
00:42:43,760 --> 00:42:46,480
Speaker 2: Was he indelicate? Maybe? And that's the price you pay

940
00:42:46,880 --> 00:42:49,560
Speaker 2: for unsophisticated coverage, of which there is far too much

941
00:42:49,600 --> 00:42:53,279
Speaker 2: these days. His point was specific in the sense, these

942
00:42:53,400 --> 00:42:56,280
Speaker 2: missions need people who have an interest in the market

943
00:42:56,440 --> 00:42:59,279
Speaker 2: you are in, can do business in the market you

944
00:42:59,440 --> 00:43:02,200
Speaker 2: are in, are already in the market you are in,

945
00:43:02,640 --> 00:43:06,000
Speaker 2: can convert into tangible results the trip they have just taken.

946
00:43:06,239 --> 00:43:07,960
Speaker 2: In other words, it's not a meet and greet. It's

947
00:43:08,000 --> 00:43:10,400
Speaker 2: not options and ideas, it's not blue sky, it's not

948
00:43:10,560 --> 00:43:13,640
Speaker 2: thought bubbles. It's cutting deals, doing business, banking the checks.

949
00:43:13,920 --> 00:43:15,879
Speaker 2: That was his point, and in fact, if you listened

950
00:43:15,880 --> 00:43:18,200
Speaker 2: to his words, he made that point. So therefore he

951
00:43:18,400 --> 00:43:20,799
Speaker 2: was right to double down when questioned by the clickbaits,

952
00:43:21,000 --> 00:43:23,080
Speaker 2: and it was based on experience because he had been

953
00:43:23,160 --> 00:43:26,760
Speaker 2: on these jaunts in another life. The credit he deserves

954
00:43:27,239 --> 00:43:29,480
Speaker 2: is based around his determination to do the miles, hold

955
00:43:29,520 --> 00:43:31,160
Speaker 2: the meetings, and put this country back on the map

956
00:43:31,440 --> 00:43:33,840
Speaker 2: when it comes to business. He is a serious player

957
00:43:34,080 --> 00:43:37,520
Speaker 2: looking for results. His punishment as he's followed about by

958
00:43:37,560 --> 00:43:41,200
Speaker 2: people who don't get that, asking Mike, where were the

959
00:43:41,239 --> 00:43:43,960
Speaker 2: mortgage brokers? You blame Adrian, where were the mortgage brokers

960
00:43:43,960 --> 00:43:46,000
Speaker 2: in the banks, and even the personal responsibility during the

961
00:43:46,040 --> 00:43:48,319
Speaker 2: twenty twenty period brokers and encourage people to borrow as

962
00:43:48,400 --> 00:43:50,960
Speaker 2: much as they could. Now they aren't spending cash, is

963
00:43:51,000 --> 00:43:52,960
Speaker 2: going to know they're in debt. At the time, I

964
00:43:53,080 --> 00:43:55,440
Speaker 2: was thirty three eaning four hundred thousand dollars a year,

965
00:43:55,480 --> 00:43:57,120
Speaker 2: wanted a two and a half million dollar house. One

966
00:43:57,160 --> 00:43:59,759
Speaker 2: million dollars debt. Banking brokers said I could borrow up

967
00:43:59,760 --> 00:44:01,000
Speaker 2: to three million. Imagine the pain.

968
00:44:01,080 --> 00:44:01,200
Speaker 6: Now.

969
00:44:01,480 --> 00:44:03,759
Speaker 2: You make a very good point. And I will never

970
00:44:03,800 --> 00:44:05,840
Speaker 2: forget asking Adrian or when he handed that money at

971
00:44:05,880 --> 00:44:08,400
Speaker 2: less than nothing to the banks, why are they no writers?

972
00:44:08,480 --> 00:44:10,160
Speaker 2: Why are they're no restrictions? Because you know where the

973
00:44:10,200 --> 00:44:12,320
Speaker 2: money's going. And he said to me, he said, the

974
00:44:12,400 --> 00:44:14,400
Speaker 2: money will go where the money goes. The market speaks.

975
00:44:14,520 --> 00:44:18,239
Speaker 2: And in that is the line between personal responsibility. Are

976
00:44:18,280 --> 00:44:21,160
Speaker 2: you and I going mental now squealing and crying and

977
00:44:21,480 --> 00:44:24,400
Speaker 2: moaning about our mortgage and we can't pay it versus Adrian,

978
00:44:24,480 --> 00:44:26,759
Speaker 2: who potentially, you could argue, should be the savior of us,

979
00:44:26,800 --> 00:44:29,520
Speaker 2: all knowing full well that if you trust the lowest

980
00:44:29,520 --> 00:44:32,080
Speaker 2: common denominator in New Zealand, you're going to pay a

981
00:44:32,160 --> 00:44:36,080
Speaker 2: very painful price. So probably you're right, mate, Probably we

982
00:44:36,160 --> 00:44:38,200
Speaker 2: are all in this together, and we all made some

983
00:44:38,320 --> 00:44:40,239
Speaker 2: decisions we might have regretted. You can go back to

984
00:44:40,280 --> 00:44:42,759
Speaker 2: twenty twenty three or twenty twenty in the election of

985
00:44:42,840 --> 00:44:44,560
Speaker 2: fifty percent of the vote. You can go back to

986
00:44:44,560 --> 00:44:46,600
Speaker 2: people who borrowed too much money thinking it would last

987
00:44:46,640 --> 00:44:48,600
Speaker 2: forever and didn't do their homework and didn't read the room.

988
00:44:48,880 --> 00:44:51,200
Speaker 2: But you can also go back to Adrian, who should

989
00:44:51,480 --> 00:44:54,840
Speaker 2: have known better at the time. Why because he's a professional.

990
00:44:56,800 --> 00:45:00,880
Speaker 1: The newsmakers and the personalities the big name talk to

991
00:45:01,239 --> 00:45:03,440
Speaker 1: like my costing breakfast.

992
00:45:03,320 --> 00:45:06,560
Speaker 3: With Jaguar, the art of performance news talk, said.

993
00:45:06,440 --> 00:45:09,279
Speaker 2: B oh Micah. Correction was always coming. I was lucky

994
00:45:09,320 --> 00:45:11,239
Speaker 2: to have an investment property and sold it three years

995
00:45:11,239 --> 00:45:12,960
Speaker 2: ago at the peak where debt free, and recently brought

996
00:45:12,960 --> 00:45:14,959
Speaker 2: a motor home at thirty grand less than it would

997
00:45:14,960 --> 00:45:18,080
Speaker 2: have been last year. John, there has been no crash.

998
00:45:18,440 --> 00:45:20,160
Speaker 2: Just let me give you some because funnily enough, I've

999
00:45:20,200 --> 00:45:22,120
Speaker 2: been dealing with real estate agents quite a bit lately,

1000
00:45:22,680 --> 00:45:24,560
Speaker 2: and a lot of them are are negative about the

1001
00:45:24,640 --> 00:45:26,600
Speaker 2: market at the moment, and I'm thinking, I'm just thinking,

1002
00:45:26,760 --> 00:45:28,640
Speaker 2: what about sales? I mean, we're all about the price

1003
00:45:28,680 --> 00:45:30,560
Speaker 2: and is it up? And there's down at what neighborhood

1004
00:45:30,600 --> 00:45:32,040
Speaker 2: moved and all that sort of stuff, But what about

1005
00:45:32,040 --> 00:45:34,080
Speaker 2: the actual sales, what's actually selling? So I crunched a

1006
00:45:34,120 --> 00:45:36,000
Speaker 2: few numbers and I'll have those for you shortly. Mike,

1007
00:45:36,040 --> 00:45:38,200
Speaker 2: I agree one hundred percent re theclaim on with Luxe

1008
00:45:38,239 --> 00:45:40,319
Speaker 2: and by the media. Jason Walls was glee as glee

1009
00:45:40,440 --> 00:45:42,560
Speaker 2: was palpable. I only give the monkeys of lucks and

1010
00:45:42,640 --> 00:45:45,160
Speaker 2: singles out time wasted. I like as refreshing attitude to

1011
00:45:45,200 --> 00:45:47,959
Speaker 2: get stuff done rather than just telling us to be kind.

1012
00:45:48,239 --> 00:45:53,040
Speaker 2: Twenty three to way Joe Parker in the studio, Shall

1013
00:45:53,120 --> 00:45:55,600
Speaker 2: we go twelve or fifteen rounds? I I I reckon,

1014
00:45:55,760 --> 00:45:57,279
Speaker 2: looking forward to the catch up shortly. A bit of

1015
00:45:57,320 --> 00:45:59,520
Speaker 2: banks around the motor industry though at the moment, as

1016
00:45:59,560 --> 00:46:02,759
Speaker 2: the government about reviewing emission standards for cars imported into

1017
00:46:02,800 --> 00:46:05,480
Speaker 2: the country, but they're only asking the car industry for feedback.

1018
00:46:05,520 --> 00:46:08,560
Speaker 2: Ev importers not happy about not being included in this.

1019
00:46:09,000 --> 00:46:12,880
Speaker 2: There is a transparency concern apparently the Transport Minister, Simeon

1020
00:46:12,920 --> 00:46:14,440
Speaker 2: Brown is with us. Very good morning to you.

1021
00:46:15,440 --> 00:46:16,040
Speaker 13: Good morning.

1022
00:46:17,040 --> 00:46:20,000
Speaker 2: The line that is being touted this morning. It is

1023
00:46:20,160 --> 00:46:24,520
Speaker 2: not keen you to publicize the changes or consult on them.

1024
00:46:24,640 --> 00:46:28,879
Speaker 2: Very widely. The secretive consultation has ev importers upper arms,

1025
00:46:28,960 --> 00:46:32,000
Speaker 2: with Tesla saying the government only went to its hand

1026
00:46:32,120 --> 00:46:33,600
Speaker 2: picked allies for feedback.

1027
00:46:33,840 --> 00:46:37,239
Speaker 22: You say, what, well, I mean Tesla should join the

1028
00:46:37,320 --> 00:46:40,560
Speaker 22: Mota Industry Association, or the Motor Trade Association or one

1029
00:46:40,640 --> 00:46:42,720
Speaker 22: of the other associations.

1030
00:46:42,040 --> 00:46:43,000
Speaker 19: We've consulted with.

1031
00:46:43,960 --> 00:46:48,720
Speaker 22: We're consulting with the car industry around these standards because

1032
00:46:48,760 --> 00:46:53,600
Speaker 22: the last government legislated them in a way which ultimately

1033
00:46:53,640 --> 00:46:57,520
Speaker 22: would mean our standards would become stricter than the European Union,

1034
00:46:58,120 --> 00:47:01,520
Speaker 22: and that would impose significant costs or New Zealanders trying

1035
00:47:01,600 --> 00:47:04,440
Speaker 22: to purchase cars, and so we're looking at the standards.

1036
00:47:04,440 --> 00:47:06,640
Speaker 22: We want to reduce emissions from imported vehicles, but we

1037
00:47:06,680 --> 00:47:07,640
Speaker 22: also want to do it in a way which is

1038
00:47:07,680 --> 00:47:10,880
Speaker 22: actually affordable for New Zealanders, rather than posing thousands of

1039
00:47:10,920 --> 00:47:14,120
Speaker 22: dollars of costs and actually having a standard which means

1040
00:47:14,440 --> 00:47:16,400
Speaker 22: we have to find cars which are cleaner than what

1041
00:47:16,440 --> 00:47:18,520
Speaker 22: have been produced in the European Union. By the way,

1042
00:47:18,640 --> 00:47:20,920
Speaker 22: we don't make cars here in New Zealand, no, we

1043
00:47:21,000 --> 00:47:21,200
Speaker 22: do not.

1044
00:47:21,520 --> 00:47:23,880
Speaker 2: So what happens is when I import cars, I can

1045
00:47:23,920 --> 00:47:25,600
Speaker 2: bring in a Lambeau V ten but they've got to

1046
00:47:25,640 --> 00:47:27,520
Speaker 2: balance it out with something that doesn't burn the planet

1047
00:47:27,640 --> 00:47:28,880
Speaker 2: just as much. That's where we're at.

1048
00:47:28,920 --> 00:47:31,919
Speaker 22: Effectively, that's how the standard. Effectively, that's how the standard works.

1049
00:47:31,960 --> 00:47:35,759
Speaker 22: Most countries have these emissions or fuel economy standards. They're

1050
00:47:35,760 --> 00:47:39,600
Speaker 22: designed to over time encourage importers to bring in a

1051
00:47:39,719 --> 00:47:42,800
Speaker 22: cleaner mix of vehicles. We want to make sure that

1052
00:47:42,920 --> 00:47:46,320
Speaker 22: that is done in a way which is affordable for

1053
00:47:46,440 --> 00:47:48,960
Speaker 22: New Zealanders, allows New Zealanders to get the range of

1054
00:47:49,000 --> 00:47:52,120
Speaker 22: vehicles which are needed, and it doesn't impose thousands of

1055
00:47:52,120 --> 00:47:55,200
Speaker 22: dollars of additional costs or New Zealanders unnecessarily. Look, we're

1056
00:47:55,200 --> 00:47:57,320
Speaker 22: reviewing that. At the moment. Cabinet hasn't made any decisions,

1057
00:47:57,680 --> 00:48:01,600
Speaker 22: but we have put legislation in to give the government

1058
00:48:01,760 --> 00:48:07,319
Speaker 22: minister that's me, the ability to amend the standard via

1059
00:48:07,440 --> 00:48:10,080
Speaker 22: regulation rather than it being baked into law as it

1060
00:48:10,160 --> 00:48:10,600
Speaker 22: currently is.

1061
00:48:10,680 --> 00:48:12,320
Speaker 2: The next couple of years you tried to flip it

1062
00:48:12,400 --> 00:48:14,719
Speaker 2: under agency, you couldn't get there. So this will solve

1063
00:48:14,760 --> 00:48:17,080
Speaker 2: that problem presumably once and for all. Is this once

1064
00:48:17,160 --> 00:48:19,440
Speaker 2: again too much power in the minister's hands you decide,

1065
00:48:19,480 --> 00:48:21,359
Speaker 2: as opposed to the Parliament or the people or whatever.

1066
00:48:22,320 --> 00:48:24,000
Speaker 22: No, I think it's actually better that this is an

1067
00:48:24,040 --> 00:48:26,920
Speaker 22: issue that is resolved by a minister rather than having

1068
00:48:27,080 --> 00:48:30,160
Speaker 22: baked into law, because ultimately, you want the standard to

1069
00:48:30,160 --> 00:48:32,160
Speaker 22: be flexible, You want it to be able to respond

1070
00:48:32,320 --> 00:48:35,080
Speaker 22: to market conditions. We don't want this to be imposing

1071
00:48:35,160 --> 00:48:37,279
Speaker 22: thousands of dollars of cost them New Zealanders trying to

1072
00:48:37,320 --> 00:48:39,600
Speaker 22: purchase a vehicle. I mean, some of the data we've

1073
00:48:39,800 --> 00:48:42,680
Speaker 22: we've been seeing as that in a couple of years time,

1074
00:48:42,719 --> 00:48:45,239
Speaker 22: it will add you know, potentially thousands of dollars to

1075
00:48:45,320 --> 00:48:47,719
Speaker 22: the cost of every every carving importance. So we want

1076
00:48:47,760 --> 00:48:50,480
Speaker 22: to make sure it's affordable for New Zealanders and that

1077
00:48:50,640 --> 00:48:52,880
Speaker 22: we get the emissions reductions when you did.

1078
00:48:52,880 --> 00:48:55,319
Speaker 2: At the same time, Okay, when do we get there?

1079
00:48:57,080 --> 00:48:57,480
Speaker 13: The review?

1080
00:48:57,520 --> 00:48:59,920
Speaker 22: The reviews underweight at the moment. Capital hasn't made a

1081
00:49:00,160 --> 00:49:03,880
Speaker 22: decisions yet, but the legislation is currently before the House

1082
00:49:04,080 --> 00:49:07,920
Speaker 22: which will enable us to be able to make those

1083
00:49:08,040 --> 00:49:10,040
Speaker 22: changes once the review this year.

1084
00:49:11,080 --> 00:49:13,960
Speaker 2: This year, okay, because in asking the car industry, I

1085
00:49:14,040 --> 00:49:15,439
Speaker 2: know for a fact they don't like it, so they'll

1086
00:49:15,480 --> 00:49:17,359
Speaker 2: be saying, I mean, this is this is why I'm

1087
00:49:17,400 --> 00:49:19,400
Speaker 2: not in politics, because I don't have the patience for it.

1088
00:49:19,640 --> 00:49:21,200
Speaker 2: You go to the car industry, the car I know

1089
00:49:21,280 --> 00:49:22,520
Speaker 2: what the car industry are going to tell you. They

1090
00:49:22,520 --> 00:49:25,120
Speaker 2: hate it because Labor Party didn't understand emissions and cars

1091
00:49:25,239 --> 00:49:27,120
Speaker 2: or anything to do with them. So you'll fix it.

1092
00:49:27,160 --> 00:49:29,879
Speaker 2: Why don't you just get on and do it well.

1093
00:49:29,880 --> 00:49:31,800
Speaker 22: We want to make sure that a stand which is

1094
00:49:32,200 --> 00:49:34,360
Speaker 22: achieves what we need to achieve them both in the

1095
00:49:34,400 --> 00:49:35,920
Speaker 22: best for all to talk to us understand what are

1096
00:49:35,960 --> 00:49:39,840
Speaker 22: the cars being manufactured globally. We don't manufact the cars

1097
00:49:39,880 --> 00:49:42,400
Speaker 22: in New Zealand. And the best people to talk to,

1098
00:49:42,719 --> 00:49:45,000
Speaker 22: talk to and find out that data and that evidence

1099
00:49:45,600 --> 00:49:48,280
Speaker 22: to the people who import vehicles, who actually manufacture vehicles,

1100
00:49:48,680 --> 00:49:50,279
Speaker 22: and so that's exactly what we're doing. We want to

1101
00:49:50,280 --> 00:49:53,719
Speaker 22: make sure that the standard is achievable, reduces emissions but

1102
00:49:53,840 --> 00:49:56,960
Speaker 22: also provides that mix of vehicles that New Zealanders need.

1103
00:49:57,040 --> 00:49:57,960
Speaker 22: That's exactly what we're doing.

1104
00:49:58,040 --> 00:50:00,400
Speaker 2: Okay, good on, go well with it, assuming who's the

1105
00:50:00,440 --> 00:50:03,000
Speaker 2: Transport minister. We are unique in this particular part of

1106
00:50:03,000 --> 00:50:04,440
Speaker 2: the world. In fact, we're unique in the world as

1107
00:50:04,440 --> 00:50:06,080
Speaker 2: far as I know. Were the possible exception of us

1108
00:50:06,080 --> 00:50:09,040
Speaker 2: at India, I can't remember. We import all these Japanese imports,

1109
00:50:09,040 --> 00:50:10,839
Speaker 2: and that's crashed the new car market over the years.

1110
00:50:10,880 --> 00:50:12,320
Speaker 2: In other words, when you buy a new car for

1111
00:50:12,400 --> 00:50:14,680
Speaker 2: fifty thousand dollars and three years time, it's worth about

1112
00:50:14,680 --> 00:50:17,399
Speaker 2: twenty five thousand dollars, whereas most other countries are worth

1113
00:50:17,440 --> 00:50:18,960
Speaker 2: eighty percent of what it was when it was new.

1114
00:50:18,960 --> 00:50:20,680
Speaker 2: If you go to Australia, buy a fifty thousand dollar

1115
00:50:20,760 --> 00:50:22,680
Speaker 2: car three years lad, it's worth about forty thousand dollars,

1116
00:50:22,760 --> 00:50:24,759
Speaker 2: not the twenty five it is here. And that's because

1117
00:50:24,800 --> 00:50:26,120
Speaker 2: we bring in all these and we've got an old

1118
00:50:26,160 --> 00:50:28,320
Speaker 2: fleet's about fourteen years old as the average fleet in

1119
00:50:28,360 --> 00:50:31,479
Speaker 2: this country, because we buy junkers. And so the counter

1120
00:50:31,600 --> 00:50:33,239
Speaker 2: argument from a labor party would be they we're going

1121
00:50:33,320 --> 00:50:34,680
Speaker 2: to clean it up though, we're going to make it newer.

1122
00:50:34,719 --> 00:50:36,840
Speaker 2: But of course in the real world that makes it unaffordable.

1123
00:50:36,880 --> 00:50:39,319
Speaker 2: No one can afford an expensive carra what's perceived as

1124
00:50:39,320 --> 00:50:43,200
Speaker 2: an expensive car eighteen minutes away from eight asking now

1125
00:50:43,960 --> 00:50:46,600
Speaker 2: very good tweet tweeted the day from David Farrer. He

1126
00:50:46,719 --> 00:50:49,600
Speaker 2: says this about thet Darlene Tanner inquiry. It's at ninety

1127
00:50:49,640 --> 00:50:56,279
Speaker 2: six days in counting ninety six days and counting see

1128
00:50:56,320 --> 00:50:58,520
Speaker 2: I said earlier on an early edition, see what I

1129
00:50:58,600 --> 00:51:00,480
Speaker 2: want as a Green Party in Parliament that's into the

1130
00:51:00,600 --> 00:51:04,920
Speaker 2: environment and advocates for the environment and national parks and

1131
00:51:05,040 --> 00:51:08,319
Speaker 2: public spaces with snails and fantails. That's what I want

1132
00:51:08,360 --> 00:51:10,359
Speaker 2: the Green Party to do. I'm not interested in near

1133
00:51:10,680 --> 00:51:13,840
Speaker 2: Palestinian scarves and all the other ranting and raving bollocks

1134
00:51:13,880 --> 00:51:17,120
Speaker 2: you're on about, and just the implosion of this party

1135
00:51:17,120 --> 00:51:19,279
Speaker 2: in terms of credibility. James Shaw ran for the Hills.

1136
00:51:19,320 --> 00:51:21,200
Speaker 2: He's stuck with Morrison now and he's probably having the

1137
00:51:21,280 --> 00:51:23,759
Speaker 2: time of his life. And all the other idiots in there,

1138
00:51:23,840 --> 00:51:27,759
Speaker 2: like goal Ris and Marramur As I said yesterday, that's

1139
00:51:27,760 --> 00:51:30,040
Speaker 2: a personal story and that's beyond anybody's control. And we

1140
00:51:30,040 --> 00:51:31,880
Speaker 2: wish you all the very best, obviously. But all the

1141
00:51:31,960 --> 00:51:34,839
Speaker 2: other headlines around the Green bar that one are self

1142
00:51:34,920 --> 00:51:39,160
Speaker 2: inflicted idiocy and they're just buffoons and they're just laughable.

1143
00:51:39,200 --> 00:51:41,880
Speaker 2: And the Darling Tanna case is a classic example. If

1144
00:51:41,920 --> 00:51:43,560
Speaker 2: I was Rachel Finch, I don't know Rachel from a

1145
00:51:43,600 --> 00:51:50,279
Speaker 2: bar of soap? Is it Fitchell Finch? Who Bert? Why

1146
00:51:50,280 --> 00:51:52,480
Speaker 2: don't call it Finch'll fit? I don't know Rachel Bert,

1147
00:51:52,480 --> 00:51:56,400
Speaker 2: who's the lawyer. I distanced myself on the greens as

1148
00:51:56,440 --> 00:51:58,680
Speaker 2: fast as I could run, because I mean, sure to

1149
00:51:58,719 --> 00:52:00,279
Speaker 2: the money. I mean, what are you doing of these

1150
00:52:00,320 --> 00:52:04,200
Speaker 2: people anyway? David Farris says this, The Darling Tanner Inquiry,

1151
00:52:04,200 --> 00:52:07,480
Speaker 2: at ninety six days encounting, is longer than the Falklands

1152
00:52:07,520 --> 00:52:10,879
Speaker 2: War one point three times the Falklands War seventy four days,

1153
00:52:11,280 --> 00:52:13,120
Speaker 2: two point three times, longer than the golf Was to

1154
00:52:13,160 --> 00:52:17,600
Speaker 2: liberate q eight forty two days, eight point six times,

1155
00:52:17,600 --> 00:52:20,640
Speaker 2: longer than Scaramuci's inquiry, which was eleven days one point

1156
00:52:20,680 --> 00:52:22,800
Speaker 2: three times. The Independent Inquiry into the appointment of the

1157
00:52:22,800 --> 00:52:25,560
Speaker 2: New Zealand Deputy Police Commissioner it was seventy four days

1158
00:52:25,880 --> 00:52:28,280
Speaker 2: one point one times the Independent Inquiry into Dudith Collins

1159
00:52:28,360 --> 00:52:31,839
Speaker 2: and the SFO direct eighty five days. It's a little

1160
00:52:31,880 --> 00:52:34,080
Speaker 2: bit shorter than the Rogers Commission inquiry into why a

1161
00:52:34,120 --> 00:52:38,279
Speaker 2: little bit into why the Space Shuttle Challenger exploded four

1162
00:52:38,320 --> 00:52:41,280
Speaker 2: point three times the US Senate investigation into the sinking

1163
00:52:41,320 --> 00:52:43,799
Speaker 2: of the Titanic, which took eighteen days one point one

1164
00:52:43,840 --> 00:52:46,759
Speaker 2: times the Tower Commissioned into the Iran Contra affair eighty

1165
00:52:46,800 --> 00:52:49,560
Speaker 2: five days, one point eight times, the Roberts Commission into

1166
00:52:49,560 --> 00:52:53,000
Speaker 2: the Pearl Harbor attack fifty four days. I mean, if

1167
00:52:53,040 --> 00:52:56,480
Speaker 2: it wasn't so pathetic, it'd be funny. Sixteen two the

1168
00:52:56,719 --> 00:52:59,400
Speaker 2: Make Costing Breakfast must have some dirt on the Greens

1169
00:52:59,440 --> 00:53:01,520
Speaker 2: party of this have been done by now either that.

1170
00:53:01,640 --> 00:53:03,520
Speaker 2: I mean, this is the other thing about vacuums. Vacuums

1171
00:53:03,520 --> 00:53:05,640
Speaker 2: are filled by speculation. And the other thing about it

1172
00:53:05,800 --> 00:53:07,719
Speaker 2: is that the lawyer's got a whole bunch of stuff

1173
00:53:07,719 --> 00:53:09,279
Speaker 2: and they don't know what to do with it. Or

1174
00:53:09,360 --> 00:53:11,280
Speaker 2: the more she digs, the more there is to find.

1175
00:53:11,480 --> 00:53:13,640
Speaker 2: And as I said on the program yesterday, if it

1176
00:53:13,680 --> 00:53:16,000
Speaker 2: looks ugly, how the Greens handle this is going to

1177
00:53:16,040 --> 00:53:18,719
Speaker 2: be absolutely fascinating. Let me get so the house so

1178
00:53:18,840 --> 00:53:20,960
Speaker 2: just quickly. It's just I became so so. I've been

1179
00:53:21,000 --> 00:53:22,239
Speaker 2: involved in the house bark at the moment for a

1180
00:53:22,320 --> 00:53:26,439
Speaker 2: variety of reasons. Anyway, the lot of downbeat talk about

1181
00:53:26,480 --> 00:53:28,279
Speaker 2: what's going on in housing, and it doesn't appear to

1182
00:53:28,320 --> 00:53:30,520
Speaker 2: be as in reality. And it's always important to go

1183
00:53:30,560 --> 00:53:33,200
Speaker 2: to the numbers, not the rhetoric. So I'm looking for

1184
00:53:33,400 --> 00:53:35,240
Speaker 2: I just got them to crunch a couple of numbers

1185
00:53:35,280 --> 00:53:38,560
Speaker 2: on houses sold this year so so far jan feb March, April, May.

1186
00:53:38,680 --> 00:53:41,200
Speaker 2: Obviously January thirty one hundred and sixty nine houses sold

1187
00:53:41,239 --> 00:53:42,920
Speaker 2: around the country. Not many, it's a you know, we're

1188
00:53:42,960 --> 00:53:45,560
Speaker 2: all on holiday, right, So thirty one hundred and January

1189
00:53:45,640 --> 00:53:48,640
Speaker 2: fifty six hundred, let's call it fifty seven hundred and February,

1190
00:53:48,920 --> 00:53:51,920
Speaker 2: sixty five hundred in March, fifty eight hundred and April,

1191
00:53:52,000 --> 00:53:55,359
Speaker 2: and sixty three hundred in May. Now is that that good? Well,

1192
00:53:55,560 --> 00:53:58,399
Speaker 2: if you go for the whole year, we've sold sixty

1193
00:53:58,440 --> 00:54:00,759
Speaker 2: seven than seven hundred and sixty houses, so that's an

1194
00:54:00,760 --> 00:54:02,680
Speaker 2: average of five and a half thousand houses a month.

1195
00:54:02,719 --> 00:54:04,360
Speaker 2: So in other words, this year, more often than not,

1196
00:54:04,400 --> 00:54:07,839
Speaker 2: we're above the average. So it seems houses are turning over.

1197
00:54:07,920 --> 00:54:09,800
Speaker 2: So yes, you can have an argument about prices and

1198
00:54:09,840 --> 00:54:12,560
Speaker 2: all that sort of stuff. As far as I know, statistically,

1199
00:54:12,640 --> 00:54:15,200
Speaker 2: the time on the market is falling. Number of houses

1200
00:54:15,320 --> 00:54:17,799
Speaker 2: is there or thereabouts seems reasonable to me. Some at

1201
00:54:17,800 --> 00:54:20,160
Speaker 2: the top end isn't moving. Obviously, banks are a bit

1202
00:54:20,200 --> 00:54:22,480
Speaker 2: of a problem, LPRs DTIs all that sort of stuff.

1203
00:54:22,560 --> 00:54:25,960
Speaker 2: You'll talk about the economy. But houses, it seems from

1204
00:54:26,040 --> 00:54:28,560
Speaker 2: the facts, are still selling. Are they selling the numbers

1205
00:54:28,600 --> 00:54:30,120
Speaker 2: they once and did once a mo on time. No,

1206
00:54:31,040 --> 00:54:33,680
Speaker 2: but all things considered, they seem to still be turning over.

1207
00:54:33,760 --> 00:54:36,000
Speaker 2: So this idea that no one's buying houses simply isn't true.

1208
00:54:36,000 --> 00:54:38,040
Speaker 2: Then we come to Karen Shaw. It's all part of

1209
00:54:38,080 --> 00:54:39,960
Speaker 2: scrutiny Week, which I said earlier on. I think in

1210
00:54:40,000 --> 00:54:42,520
Speaker 2: totality has been a good movement as far as democracy

1211
00:54:42,560 --> 00:54:43,960
Speaker 2: is concerned. I think we've learned a lot. If you're

1212
00:54:43,960 --> 00:54:46,759
Speaker 2: paying attention, we've learned a lot. Some people have said

1213
00:54:46,760 --> 00:54:49,319
Speaker 2: some interesting things. The opposition have had a good chance

1214
00:54:49,400 --> 00:54:51,160
Speaker 2: to get into ministers and you know, grill them and

1215
00:54:51,239 --> 00:54:52,440
Speaker 2: this is all good for democracy.

1216
00:54:52,480 --> 00:54:52,840
Speaker 20: We like it.

1217
00:54:52,920 --> 00:54:56,360
Speaker 2: Karen Schaw, she was in front yesterday. She was questioned

1218
00:54:56,400 --> 00:54:58,880
Speaker 2: again about seven double a a ring a tomerriiki of

1219
00:54:58,960 --> 00:55:01,719
Speaker 2: course and in two words, wanting the best and needing

1220
00:55:01,800 --> 00:55:06,000
Speaker 2: to put the safety of all children first. Then comes

1221
00:55:06,440 --> 00:55:07,640
Speaker 2: to party Maori.

1222
00:55:08,440 --> 00:55:10,719
Speaker 11: Have a listen, because it's a fundamental way in which

1223
00:55:10,760 --> 00:55:14,319
Speaker 11: you think about Mardy children who are mardy to them,

1224
00:55:14,320 --> 00:55:15,280
Speaker 11: they're not New Zealanders.

1225
00:55:15,480 --> 00:55:17,960
Speaker 2: They are Mardy children, and you just don't get that.

1226
00:55:20,239 --> 00:55:23,920
Speaker 2: You wonder why we've got problems. They're not new Zealanders,

1227
00:55:25,640 --> 00:55:28,960
Speaker 2: and I sort of by reiterate my comments on against

1228
00:55:29,160 --> 00:55:31,239
Speaker 2: an ethnic party or a Maray party in parliament either

1229
00:55:31,280 --> 00:55:34,440
Speaker 2: if they weren't radicals, they weren't crazies like the Greens are.

1230
00:55:34,560 --> 00:55:37,520
Speaker 2: So the problem with MMP is, yes, you get variation,

1231
00:55:38,000 --> 00:55:39,680
Speaker 2: and so you don't guess get left right and big

1232
00:55:39,719 --> 00:55:41,840
Speaker 2: fat scene to parties. What you do is you end

1233
00:55:41,920 --> 00:55:44,160
Speaker 2: up with smaller parties, some of whom are complete right.

1234
00:55:44,280 --> 00:55:45,759
Speaker 2: They're not new Zealanders. I mean, how do you get

1235
00:55:45,800 --> 00:55:47,759
Speaker 2: away with that sort of nonsense. And the thing about

1236
00:55:47,800 --> 00:55:49,400
Speaker 2: that is the people who support them, the one percent

1237
00:55:49,520 --> 00:55:50,960
Speaker 2: or one and a half percent too support them, they'll

1238
00:55:50,960 --> 00:55:53,080
Speaker 2: be lpping that up the whole think that's fantastic, a

1239
00:55:53,120 --> 00:55:55,600
Speaker 2: bit of tina rangeteer a tongue, run the country yourself,

1240
00:55:55,640 --> 00:55:58,080
Speaker 2: get it all going, all independence, all on, fantastic, have

1241
00:55:58,160 --> 00:55:59,880
Speaker 2: your own parliament. Just give us the money to pay

1242
00:55:59,880 --> 00:56:01,400
Speaker 2: for We don't want to do any of that ourselves.

1243
00:56:01,440 --> 00:56:02,759
Speaker 2: If you can just give us all the money that

1244
00:56:02,840 --> 00:56:04,840
Speaker 2: you've earned and then we'll take that away and for

1245
00:56:04,920 --> 00:56:06,640
Speaker 2: a bit of ten orangeteeratanga, it's all on.

1246
00:56:07,960 --> 00:56:08,240
Speaker 3: Jeez.

1247
00:56:08,719 --> 00:56:10,200
Speaker 2: By the way, if you think this is bad, here

1248
00:56:10,360 --> 00:56:14,480
Speaker 2: Louisiana first statement to require that the Ten Commandments be

1249
00:56:14,600 --> 00:56:17,200
Speaker 2: displayed in every public school classroom under a bill signed

1250
00:56:17,239 --> 00:56:21,040
Speaker 2: today by the governor mandates a poster, a size display

1251
00:56:21,080 --> 00:56:24,359
Speaker 2: of Ten Commandments and large easily readable font after all,

1252
00:56:24,400 --> 00:56:27,799
Speaker 2: it is Louisiana, be required in all public classrooms from

1253
00:56:27,880 --> 00:56:31,040
Speaker 2: kindergartens to state funded the universities, paired with a four

1254
00:56:31,080 --> 00:56:34,400
Speaker 2: paragraph context statement describing how the Ten Commandments were a

1255
00:56:34,480 --> 00:56:37,320
Speaker 2: prominent part of American public education for almost three centuries.

1256
00:56:37,400 --> 00:56:39,080
Speaker 2: Must be in place in classrooms by the start of

1257
00:56:39,120 --> 00:56:42,200
Speaker 2: twenty five. Yep, we're a bit crazy, but then so

1258
00:56:42,320 --> 00:56:42,600
Speaker 2: are they.

1259
00:56:42,920 --> 00:56:48,480
Speaker 3: Nine to eight the Myke costume Breakfast with news talks.

1260
00:56:48,760 --> 00:56:50,600
Speaker 2: Like we need to keep in mind that those two crazies,

1261
00:56:50,640 --> 00:56:53,480
Speaker 2: the Greens and the Murray Party other people Labor will

1262
00:56:53,480 --> 00:56:54,640
Speaker 2: have to go and to go listen to it. It's

1263
00:56:54,640 --> 00:56:57,680
Speaker 2: a very serious point you make Greens once upon a

1264
00:56:57,760 --> 00:57:00,440
Speaker 2: time with the James Show type figure, you could shield

1265
00:57:00,520 --> 00:57:03,680
Speaker 2: yourself from the nuttiness of it. You know, Labour needs

1266
00:57:03,680 --> 00:57:07,640
Speaker 2: to think long and hard about how they sell themselves

1267
00:57:07,680 --> 00:57:09,640
Speaker 2: to I mean, obviously in an election campaign they say

1268
00:57:09,760 --> 00:57:11,600
Speaker 2: just both us, give us another fifty percent, like they

1269
00:57:11,640 --> 00:57:15,759
Speaker 2: did between twenty seventeen and twenty twenty man or was

1270
00:57:15,800 --> 00:57:18,600
Speaker 2: it twenty twenty whenever that lesson that cluster was. But

1271
00:57:18,760 --> 00:57:20,280
Speaker 2: once you get beyond that and get back to the

1272
00:57:20,320 --> 00:57:22,960
Speaker 2: real world of MMP and the coalitions, they're going to

1273
00:57:23,040 --> 00:57:24,560
Speaker 2: have to sit there with the Greens and the Murray

1274
00:57:24,560 --> 00:57:26,040
Speaker 2: Party and they're going to have to sell that idea

1275
00:57:26,120 --> 00:57:28,240
Speaker 2: to you. Good luck with that bad day at the

1276
00:57:28,240 --> 00:57:31,280
Speaker 2: auction mike yesterday at Barfoot's zero sold at the main

1277
00:57:31,400 --> 00:57:33,960
Speaker 2: Central auction one point thirty, only four at the South

1278
00:57:34,000 --> 00:57:37,880
Speaker 2: Auckland auction. Across all sessions sold ten past in forty seven.

1279
00:57:38,160 --> 00:57:40,880
Speaker 2: Ten to fifty seven is seventeen and a half percent

1280
00:57:42,520 --> 00:57:44,720
Speaker 2: of those past in sixty eight percent or thirty two

1281
00:57:44,760 --> 00:57:48,120
Speaker 2: had no bits. That doesn't mean anything what that means

1282
00:57:48,160 --> 00:57:49,760
Speaker 2: to me. I mean, thank you for the stats, obviously,

1283
00:57:49,840 --> 00:57:51,120
Speaker 2: but what that means to me. And I've been a

1284
00:57:51,200 --> 00:57:53,520
Speaker 2: long advocate for not having an auction auction. I think

1285
00:57:53,560 --> 00:57:56,120
Speaker 2: unless you've got a highly unusual house in a bull

1286
00:57:56,240 --> 00:57:59,080
Speaker 2: market and people go, oh my god, that's my dream home,

1287
00:57:59,280 --> 00:58:01,919
Speaker 2: auctions are away of time in this market. At the moment.

1288
00:58:01,960 --> 00:58:04,400
Speaker 2: If you're saying, if somebody look, don't take my advice.

1289
00:58:04,520 --> 00:58:06,720
Speaker 2: Just listen to the advice, and you know, when the

1290
00:58:06,880 --> 00:58:08,840
Speaker 2: real estate agent goes done, listen to what Hosking says,

1291
00:58:08,840 --> 00:58:10,840
Speaker 2: he's an idiot, and you've got to go to auction,

1292
00:58:10,960 --> 00:58:12,600
Speaker 2: you know, just balance it up. But what I'm telling

1293
00:58:12,640 --> 00:58:14,400
Speaker 2: you is in a market like this at the moment,

1294
00:58:14,960 --> 00:58:18,120
Speaker 2: auctions buy and large don't work because auctions require at

1295
00:58:18,200 --> 00:58:20,680
Speaker 2: least two people in the room going I want it,

1296
00:58:20,840 --> 00:58:22,680
Speaker 2: No I do, No I do, no I do. And

1297
00:58:22,760 --> 00:58:24,360
Speaker 2: that's not the sort of market we're in at the moment.

1298
00:58:24,640 --> 00:58:28,560
Speaker 2: If you're smart, price it is my advice, work out

1299
00:58:28,600 --> 00:58:31,880
Speaker 2: what it's worth, do your due diligence, get some experts involved,

1300
00:58:32,120 --> 00:58:34,960
Speaker 2: get a number, don't be greedy and say that's what

1301
00:58:35,080 --> 00:58:36,760
Speaker 2: the market says, that's what I want for it, and

1302
00:58:36,840 --> 00:58:41,160
Speaker 2: go from there. If it doesn't work, don't blame me.

1303
00:58:41,440 --> 00:58:43,520
Speaker 2: But that's what I do. I've never gone to an

1304
00:58:43,520 --> 00:58:46,360
Speaker 2: auction in my life because it does require an element

1305
00:58:46,440 --> 00:58:49,600
Speaker 2: of greed and a lack of control on people's parts,

1306
00:58:50,200 --> 00:58:52,120
Speaker 2: and the fact that not many people at the moment

1307
00:58:52,160 --> 00:58:54,480
Speaker 2: initially necessarily cashed up and they've got to sell a

1308
00:58:54,520 --> 00:58:56,720
Speaker 2: house to buy a house. And of course auctions requires

1309
00:58:56,760 --> 00:58:59,400
Speaker 2: you to turn up with the money set to go right. Oh,

1310
00:58:59,760 --> 00:59:02,680
Speaker 2: let's talk some boxing. Let's get into the ring with

1311
00:59:02,760 --> 00:59:04,240
Speaker 2: the mighty Joe Parker has not a couple of years

1312
00:59:04,240 --> 00:59:05,840
Speaker 2: since he's been in the studio, so I'm looking forward

1313
00:59:05,840 --> 00:59:07,920
Speaker 2: to the catch up. And what a fantastic time he's

1314
00:59:07,960 --> 00:59:10,160
Speaker 2: having is he's a promoter now, he's got the Niaka

1315
00:59:10,200 --> 00:59:12,200
Speaker 2: fight coming up. We'll talk a bit about that. He's

1316
00:59:12,240 --> 00:59:14,200
Speaker 2: got another fight, two fights coming up before the end

1317
00:59:14,200 --> 00:59:16,640
Speaker 2: of the year, and the world title is not beyond

1318
00:59:16,720 --> 00:59:19,840
Speaker 2: the realms of possibility. What do you reckon? Joe Parker is.

1319
00:59:19,920 --> 00:59:25,040
Speaker 3: Next the Breakfast Show You Can Trust the Mic Hosking.

1320
00:59:24,720 --> 00:59:30,120
Speaker 1: Breakfast with Bailey's real Estate altogether Better across residential, commercial

1321
00:59:30,280 --> 00:59:30,840
Speaker 1: and rural.

1322
00:59:31,000 --> 00:59:39,000
Speaker 3: On News Talks, B Power per Pleasure.

1323
00:59:44,080 --> 00:59:45,840
Speaker 2: It is seven past eight. Time for a catch up

1324
00:59:45,880 --> 00:59:47,880
Speaker 2: with Joe Parker, who since he was last here, has

1325
00:59:48,040 --> 00:59:50,760
Speaker 2: re energized his career, won a couple of standout fights,

1326
00:59:50,800 --> 00:59:53,200
Speaker 2: and is very much back in the heavyweight world title conversation.

1327
00:59:53,240 --> 00:59:55,960
Speaker 2: He's also branching out and moving into the promotion business

1328
00:59:56,000 --> 00:59:59,480
Speaker 2: with an upcoming fight involving David Nicolo. This anyway, Joe Parkers, Well,

1329
00:59:59,480 --> 01:00:00,479
Speaker 2: it's good to see morning.

1330
01:00:01,040 --> 01:00:02,040
Speaker 6: Good to see you. Good morning.

1331
01:00:02,240 --> 01:00:04,640
Speaker 2: Can I just congratulate you because the last time you're

1332
01:00:04,640 --> 01:00:06,000
Speaker 2: in here and I can't remember, but it was a

1333
01:00:06,040 --> 01:00:08,160
Speaker 2: couple of years ago. It's pre these last couple of

1334
01:00:08,240 --> 01:00:11,840
Speaker 2: fights you've done and Joyce and Jang, and I've watched

1335
01:00:11,880 --> 01:00:14,320
Speaker 2: it all and I've followed you throughout the years, and

1336
01:00:14,560 --> 01:00:18,360
Speaker 2: it's just such a thrill to see you now doing

1337
01:00:18,560 --> 01:00:21,480
Speaker 2: so well because those last two fights were amazing to watch.

1338
01:00:21,560 --> 01:00:23,120
Speaker 2: Do you do you feel the same?

1339
01:00:23,600 --> 01:00:26,120
Speaker 6: Do you know what? I've had a great journey and

1340
01:00:26,200 --> 01:00:29,960
Speaker 6: it continues, and I've been boxing for eleven years, and

1341
01:00:30,200 --> 01:00:33,120
Speaker 6: I feel like the last year is the year finally

1342
01:00:33,200 --> 01:00:35,560
Speaker 6: I found the right formula that works for me, the

1343
01:00:35,680 --> 01:00:38,439
Speaker 6: right training, the right programs, the right nutrition, the right rest.

1344
01:00:39,160 --> 01:00:41,560
Speaker 6: Everything now has fallen into place in the second meet.

1345
01:00:41,640 --> 01:00:42,640
Speaker 6: Ten years to get.

1346
01:00:42,560 --> 01:00:45,680
Speaker 2: There, Yeah, did you know along the way something was missing?

1347
01:00:45,840 --> 01:00:47,000
Speaker 2: Per se or not?

1348
01:00:47,640 --> 01:00:50,240
Speaker 6: I always ask myself questions after each fight. The Joyce

1349
01:00:50,280 --> 01:00:53,040
Speaker 6: fire asks myself many questions. Another fire I had was

1350
01:00:53,080 --> 01:00:54,919
Speaker 6: Jack Massey, where I had a win, but I wasn't

1351
01:00:54,920 --> 01:00:56,720
Speaker 6: a convincing one and I wasn't the best win. I

1352
01:00:56,800 --> 01:00:59,760
Speaker 6: thought to myself, why am I not winning? In a

1353
01:00:59,800 --> 01:01:01,960
Speaker 6: way where I know I can win. Why is my

1354
01:01:02,040 --> 01:01:04,920
Speaker 6: conditioning not the best? Why am I not resting well?

1355
01:01:04,960 --> 01:01:08,000
Speaker 6: And I started asking myself all these questions and it

1356
01:01:08,120 --> 01:01:11,240
Speaker 6: made me find the right person and who is Who

1357
01:01:11,360 --> 01:01:14,040
Speaker 6: is George Lockert the best nutrition, is the best strength

1358
01:01:14,080 --> 01:01:15,280
Speaker 6: commissoning trainer in the world.

1359
01:01:15,680 --> 01:01:18,120
Speaker 2: So what does he literally do for you versus what

1360
01:01:18,200 --> 01:01:18,800
Speaker 2: Andy does for you?

1361
01:01:18,880 --> 01:01:20,960
Speaker 6: For example, Andy Lee is the best boxing train in

1362
01:01:21,000 --> 01:01:22,960
Speaker 6: the world. And Andy Lee is a head trainer going

1363
01:01:23,040 --> 01:01:25,400
Speaker 6: into every fight in every camp. But George Locker, he's

1364
01:01:25,480 --> 01:01:28,120
Speaker 6: that important that I've flowing him down to New Zealand

1365
01:01:28,560 --> 01:01:30,800
Speaker 6: and he's living with me for three months while we build.

1366
01:01:31,120 --> 01:01:35,560
Speaker 6: He cooks all my food every day. He trains me Monday, Tuesday, Thursday, Friday, Saturday,

1367
01:01:36,160 --> 01:01:38,280
Speaker 6: and we're just building, building, building for the next fight.

1368
01:01:38,520 --> 01:01:39,880
Speaker 2: So he tells you what to eat.

1369
01:01:40,160 --> 01:01:41,960
Speaker 6: He gives me what to eat, So he just gives

1370
01:01:42,000 --> 01:01:42,240
Speaker 6: it to you.

1371
01:01:42,440 --> 01:01:45,120
Speaker 2: And what do you eat? And what's different about it?

1372
01:01:45,720 --> 01:01:48,520
Speaker 6: At the moment we're doing a building phase in boxing.

1373
01:01:48,560 --> 01:01:52,240
Speaker 6: I've never even known about phases, building phase, you know,

1374
01:01:52,920 --> 01:01:55,840
Speaker 6: endurance phase, power phase. I've never knew anything about this

1375
01:01:55,960 --> 01:01:57,800
Speaker 6: until the last year working with George and at the moment,

1376
01:01:58,000 --> 01:02:00,920
Speaker 6: he's feeding me seven thousand calories a day. We're building,

1377
01:02:01,040 --> 01:02:03,800
Speaker 6: we're building building buildings. He wants me to be bigger, faster,

1378
01:02:03,920 --> 01:02:06,560
Speaker 6: stronger for when I fight, for when I fight and

1379
01:02:06,600 --> 01:02:07,360
Speaker 6: lock in the next fight.

1380
01:02:07,640 --> 01:02:10,280
Speaker 2: So here's the thing. So, so I follow you, I

1381
01:02:10,400 --> 01:02:13,320
Speaker 2: follow boxing, but I'm not an expert like you. I'm

1382
01:02:13,400 --> 01:02:15,760
Speaker 2: assuming that this is all in place, that this is

1383
01:02:15,800 --> 01:02:19,840
Speaker 2: a science, that you're all international top level sport. Is

1384
01:02:19,880 --> 01:02:22,640
Speaker 2: that the cutting edge of nutrition and science.

1385
01:02:22,840 --> 01:02:24,880
Speaker 6: You know what. Boxing has been around for the longest time,

1386
01:02:25,040 --> 01:02:28,000
Speaker 6: and I kid you, not boxing is way behind on

1387
01:02:28,120 --> 01:02:31,520
Speaker 6: all this stuff. George Lockard is very shocked when you

1388
01:02:31,600 --> 01:02:33,720
Speaker 6: came into boxing to find out that we don't have

1389
01:02:33,880 --> 01:02:37,760
Speaker 6: anything in place. Being the one of the longest sports around,

1390
01:02:37,920 --> 01:02:41,560
Speaker 6: there's nothing in place in terms of having a program,

1391
01:02:41,640 --> 01:02:44,560
Speaker 6: having a structure, having a plan. There's nothing.

1392
01:02:44,760 --> 01:02:47,120
Speaker 2: It's the weirdest thing. So because I look at you now,

1393
01:02:47,200 --> 01:02:49,080
Speaker 2: you're bigger than you have been. And one of the

1394
01:02:49,160 --> 01:02:51,440
Speaker 2: criticisms over the years about you is you're not big enough.

1395
01:02:51,680 --> 01:02:54,440
Speaker 2: If you get to Joshua, you're not big enough. So

1396
01:02:54,720 --> 01:02:56,800
Speaker 2: you're fixing that. Now we're fixing that.

1397
01:02:56,880 --> 01:02:59,200
Speaker 6: And the difference now like you said the difference with

1398
01:02:59,440 --> 01:03:02,600
Speaker 6: myself and the bigger fighters is that the size. But

1399
01:03:02,760 --> 01:03:04,439
Speaker 6: now we're fixing that. We're kind of close the gap,

1400
01:03:04,640 --> 01:03:06,040
Speaker 6: and the next time I fight, it's not going to

1401
01:03:06,120 --> 01:03:08,120
Speaker 6: be ten or twelve cag's heavy, It's going to be

1402
01:03:08,160 --> 01:03:08,640
Speaker 6: three or four.

1403
01:03:08,960 --> 01:03:12,280
Speaker 2: Jeez. Are you resentful of that or disappointed in that?

1404
01:03:12,600 --> 01:03:13,880
Speaker 3: Or it is what it is?

1405
01:03:13,960 --> 01:03:16,040
Speaker 6: I mean, that is what it is. You can't go back,

1406
01:03:16,120 --> 01:03:18,360
Speaker 6: and everything is timing and the time is now.

1407
01:03:18,640 --> 01:03:21,600
Speaker 2: Okay, since we also like, where are you at fight wise?

1408
01:03:21,640 --> 01:03:23,160
Speaker 2: By the way, do you know anything or not?

1409
01:03:23,560 --> 01:03:25,520
Speaker 6: I don't know anything at the moment. At the moment,

1410
01:03:25,600 --> 01:03:27,600
Speaker 6: I'm just building and waiting for the next fight to

1411
01:03:28,040 --> 01:03:29,920
Speaker 6: be announced or to be locked in. It's looking like

1412
01:03:30,000 --> 01:03:32,560
Speaker 6: it was September and now October, right, So the moment

1413
01:03:32,560 --> 01:03:35,400
Speaker 6: I'm building and I'm just I'm getting into promotion.

1414
01:03:35,800 --> 01:03:38,160
Speaker 2: Yeah, now, this is why you're here, David Nica. See

1415
01:03:38,200 --> 01:03:43,520
Speaker 2: now there's this is so Nika is built fantastically. Wow,

1416
01:03:43,680 --> 01:03:45,120
Speaker 2: and he's an Adonis, isn't it?

1417
01:03:46,080 --> 01:03:46,120
Speaker 20: So?

1418
01:03:46,240 --> 01:03:46,680
Speaker 3: Give it?

1419
01:03:46,720 --> 01:03:48,760
Speaker 2: Given what you just said about nutrition and building phases

1420
01:03:48,800 --> 01:03:51,480
Speaker 2: and stuff like that, is that just natural? So Joshua

1421
01:03:51,560 --> 01:03:54,040
Speaker 2: looks the way he looks and Nika looks the way

1422
01:03:54,120 --> 01:03:56,520
Speaker 2: he looks. Other people look different. That's just gold.

1423
01:03:56,640 --> 01:03:59,400
Speaker 6: I thought, Listen, I'm not really aware of what other

1424
01:03:59,440 --> 01:04:01,560
Speaker 6: fighters go, but I'm sure Joshua has a great set

1425
01:04:01,640 --> 01:04:04,800
Speaker 6: up himself being involved and you know, he's got the team,

1426
01:04:04,840 --> 01:04:07,640
Speaker 6: British team around him, and I'm sure he's been introduced

1427
01:04:07,680 --> 01:04:10,600
Speaker 6: to all these things that I'm talking about now David

1428
01:04:10,600 --> 01:04:12,280
Speaker 6: and Aika. When I trained with him in the past,

1429
01:04:12,440 --> 01:04:15,040
Speaker 6: he knew more about this kind of stuff than I did,

1430
01:04:15,800 --> 01:04:18,240
Speaker 6: you know, So he's very you know, he's achieved a

1431
01:04:18,280 --> 01:04:20,880
Speaker 6: lot as an amateur. Yeah, Bronze middle at the Olympus

1432
01:04:21,000 --> 01:04:23,360
Speaker 6: coming off games, and now he's made a great start

1433
01:04:23,440 --> 01:04:25,800
Speaker 6: to his professional career. But he does look very good.

1434
01:04:25,960 --> 01:04:28,360
Speaker 6: He's got a great work ethic, he's got height in reach, right,

1435
01:04:28,440 --> 01:04:31,240
Speaker 6: he's got the abs that I've always wanted. So he

1436
01:04:31,760 --> 01:04:35,360
Speaker 6: is the part right, and we're very I reckon. We're

1437
01:04:35,360 --> 01:04:37,200
Speaker 6: fortunate to be working off a talent like David made.

1438
01:04:37,360 --> 01:04:39,439
Speaker 2: I have this promotion thing come about with you and David.

1439
01:04:39,960 --> 01:04:43,520
Speaker 6: David Higgins, David Higgins had looked up, looked after my

1440
01:04:43,640 --> 01:04:46,360
Speaker 6: career from the beginning. I sign a promotional contract for

1441
01:04:46,440 --> 01:04:49,000
Speaker 6: six years and after they became my manager. And along

1442
01:04:49,080 --> 01:04:51,560
Speaker 6: the way, David has always taught me about the business

1443
01:04:51,560 --> 01:04:55,160
Speaker 6: side of boxing and what's involved. And I've always shown

1444
01:04:55,240 --> 01:04:59,600
Speaker 6: interest in the sponsorship, the venue, the tickets, the corporates,

1445
01:05:00,240 --> 01:05:02,520
Speaker 6: and now now he's given me the opportunity to do

1446
01:05:02,640 --> 01:05:04,880
Speaker 6: this event together. It's going to be my first promotional

1447
01:05:05,360 --> 01:05:06,960
Speaker 6: co promotional with David Higgins.

1448
01:05:07,040 --> 01:05:07,360
Speaker 3: Good on you?

1449
01:05:07,720 --> 01:05:10,200
Speaker 2: Is that to a view to life beyond the ring?

1450
01:05:10,880 --> 01:05:13,040
Speaker 6: Yes, it is life beyond the ring? But also I

1451
01:05:13,080 --> 01:05:15,200
Speaker 6: want to help other fighters and give them the same

1452
01:05:15,280 --> 01:05:18,000
Speaker 6: opportunity I was given from David Higgins to reach the top.

1453
01:05:18,080 --> 01:05:19,760
Speaker 2: All right for enough listen to hold on there, mate,

1454
01:05:19,840 --> 01:05:21,560
Speaker 2: and we'll take a brief break. More and more and

1455
01:05:21,560 --> 01:05:23,760
Speaker 2: more boxing talking a moment with Joseph park at thirteen

1456
01:05:23,800 --> 01:05:24,400
Speaker 2: past eight.

1457
01:05:25,400 --> 01:05:27,840
Speaker 3: The mic Hosking Breakfast talks.

1458
01:05:27,680 --> 01:05:29,600
Speaker 2: It will be fifteen passed. Make it quarter past eight

1459
01:05:29,960 --> 01:05:32,040
Speaker 2: on the mic Hosking Breakfast to Joe Parkers and just

1460
01:05:32,160 --> 01:05:33,920
Speaker 2: just before we leave this the Nikka thing and with

1461
01:05:34,040 --> 01:05:36,160
Speaker 2: your promoter's hat on, how far do you reckon? Nika

1462
01:05:36,200 --> 01:05:36,720
Speaker 2: can actually go?

1463
01:05:37,560 --> 01:05:39,720
Speaker 6: Nika has already shown that he's been inspiring with the

1464
01:05:39,760 --> 01:05:41,840
Speaker 6: top of the world in England, and he's given like

1465
01:05:41,960 --> 01:05:44,680
Speaker 6: he's giving them the best work they've ever gone. So

1466
01:05:44,800 --> 01:05:47,640
Speaker 6: if he continues to keep busy and keep progressing the

1467
01:05:47,680 --> 01:05:49,040
Speaker 6: way he is now, he's going to be a I

1468
01:05:49,080 --> 01:05:50,560
Speaker 6: reckon he's going to be champion of the world in

1469
01:05:50,640 --> 01:05:51,320
Speaker 6: the next two or three.

1470
01:05:51,480 --> 01:05:53,240
Speaker 2: Just to explain to people that he's one below heavyweight,

1471
01:05:53,240 --> 01:05:56,000
Speaker 2: doesn't he a cruise away? Yeah, so he wouldn't step

1472
01:05:56,120 --> 01:05:58,760
Speaker 2: up per se. He's a cruiser and that you can really.

1473
01:05:59,160 --> 01:06:01,040
Speaker 6: You know, well for you said Usick was a unified

1474
01:06:01,120 --> 01:06:02,800
Speaker 6: champion of the world, and he stepped up to heavyweight,

1475
01:06:02,840 --> 01:06:04,200
Speaker 6: and now he's a unified champion of the world in

1476
01:06:04,200 --> 01:06:07,120
Speaker 6: heavyweight beating Tyson Fury Naika can do the same thing.

1477
01:06:07,200 --> 01:06:08,800
Speaker 6: It's all up to Seriously, you can.

1478
01:06:08,960 --> 01:06:11,240
Speaker 2: How much of it do you reckon? In your experience now?

1479
01:06:11,800 --> 01:06:15,840
Speaker 2: Is God given talent versus if you work hard enough

1480
01:06:16,440 --> 01:06:17,920
Speaker 2: with less talent, you can get there.

1481
01:06:19,640 --> 01:06:22,920
Speaker 6: You need the talent, you need the hard work, And

1482
01:06:23,720 --> 01:06:25,640
Speaker 6: I believe I have the talent and hard work, and

1483
01:06:25,720 --> 01:06:27,840
Speaker 6: I believe David Naka has a talent and the hard work.

1484
01:06:27,920 --> 01:06:30,480
Speaker 2: That's super exciting. Since also we last talked, I've seen

1485
01:06:30,520 --> 01:06:33,520
Speaker 2: that reality television show that Tyson Fury. Did you know

1486
01:06:33,640 --> 01:06:36,920
Speaker 2: in More and his family and all, and that's you know,

1487
01:06:37,040 --> 01:06:39,440
Speaker 2: you've hung with him and his family and how he

1488
01:06:39,600 --> 01:06:42,920
Speaker 2: works and stuff. Is that beneficial of that? Is that

1489
01:06:43,040 --> 01:06:45,640
Speaker 2: whole Fury experience been beneficial to you?

1490
01:06:45,880 --> 01:06:46,000
Speaker 11: Well?

1491
01:06:46,080 --> 01:06:49,400
Speaker 6: Well, Tyson, I wouldn't be where I am today. Tyson

1492
01:06:49,800 --> 01:06:53,640
Speaker 6: gave me the link to train of Andy Lee. He

1493
01:06:53,720 --> 01:06:56,800
Speaker 6: gave me the link to employ George Lockhart. He gave

1494
01:06:56,840 --> 01:06:58,240
Speaker 6: me his house you live in. He gave me the

1495
01:06:58,280 --> 01:07:01,880
Speaker 6: opportunity to fight, and he had him and Spencer Brown.

1496
01:07:01,920 --> 01:07:03,840
Speaker 6: So without the relationship we have, I wouldn't be aware

1497
01:07:03,920 --> 01:07:04,240
Speaker 6: him today.

1498
01:07:04,320 --> 01:07:06,680
Speaker 2: That's amazing, isn't it? Is he coming back?

1499
01:07:07,480 --> 01:07:09,760
Speaker 6: Is he's fighting on the twenty first of December, right

1500
01:07:09,840 --> 01:07:11,760
Speaker 6: against you, Sick. It's a rematch. It's going to be

1501
01:07:11,760 --> 01:07:12,560
Speaker 6: back in Saudi Arabia.

1502
01:07:13,000 --> 01:07:14,800
Speaker 2: Were you were there? You saw it? What do you reckon? Happen?

1503
01:07:14,880 --> 01:07:15,360
Speaker 2: What went wrong?

1504
01:07:16,280 --> 01:07:19,240
Speaker 6: I feel like Tysons for my own opinion, Tyson needs

1505
01:07:19,280 --> 01:07:21,760
Speaker 6: to be the big man and fight like the big man. Yeah,

1506
01:07:22,600 --> 01:07:24,680
Speaker 6: and I'm sure he could make those positive changes coming

1507
01:07:24,680 --> 01:07:25,320
Speaker 6: into the I.

1508
01:07:25,320 --> 01:07:27,400
Speaker 2: Could see and watching the television show because you know him,

1509
01:07:27,440 --> 01:07:27,960
Speaker 2: you live with him.

1510
01:07:28,000 --> 01:07:28,320
Speaker 3: I don't.

1511
01:07:28,360 --> 01:07:31,160
Speaker 2: But but in watching the television program, he seems to

1512
01:07:31,280 --> 01:07:34,960
Speaker 2: be like he loves life until what I got to fight.

1513
01:07:35,160 --> 01:07:37,800
Speaker 2: So I go down to the Marcambe gym and then

1514
01:07:37,840 --> 01:07:40,120
Speaker 2: I start mucking around for a while and lose some

1515
01:07:40,200 --> 01:07:42,080
Speaker 2: weight and getting the He seems to be a freak

1516
01:07:42,120 --> 01:07:43,080
Speaker 2: of nature, is what I'm saying.

1517
01:07:43,120 --> 01:07:45,360
Speaker 6: He's a freak of nature. But he loves to have

1518
01:07:45,520 --> 01:07:48,720
Speaker 6: something locked in, and something locked in. He has purpose,

1519
01:07:48,800 --> 01:07:50,400
Speaker 6: and then all of a sudden he locks himself away

1520
01:07:50,480 --> 01:07:53,000
Speaker 6: and he's just groaning day in and day out.

1521
01:07:53,120 --> 01:07:55,040
Speaker 2: Right, So he hasn't reached the stage in his life

1522
01:07:55,040 --> 01:07:56,000
Speaker 2: where he wants to give it away.

1523
01:07:56,040 --> 01:07:56,840
Speaker 6: Like, I don't think so.

1524
01:07:57,040 --> 01:07:58,280
Speaker 2: So I've done everything I need to know.

1525
01:07:58,560 --> 01:08:00,720
Speaker 6: If I was in that position and I became unified

1526
01:08:00,800 --> 01:08:03,200
Speaker 6: Chamber of the world, I'll probably finish boxing, finish at

1527
01:08:03,240 --> 01:08:03,480
Speaker 6: the top.

1528
01:08:03,680 --> 01:08:04,960
Speaker 2: Do you reckon you could be unified?

1529
01:08:05,120 --> 01:08:05,400
Speaker 6: I can?

1530
01:08:06,600 --> 01:08:08,720
Speaker 2: I know I can, because this is what see what's

1531
01:08:08,760 --> 01:08:10,520
Speaker 2: so exciting about this one. You've got a whole bunch

1532
01:08:10,560 --> 01:08:13,680
Speaker 2: of genuine contenders At the moment. Heavyweight boxing looks fantastic,

1533
01:08:13,760 --> 01:08:16,000
Speaker 2: doesn't it in terms of contenders. Second of all, to

1534
01:08:16,120 --> 01:08:18,400
Speaker 2: have a unified instead of all these belts spread out

1535
01:08:18,400 --> 01:08:20,599
Speaker 2: all over the place. To have a unified champion, that's

1536
01:08:20,720 --> 01:08:21,719
Speaker 2: wonderful for the sport.

1537
01:08:21,960 --> 01:08:24,719
Speaker 6: It's great for the sport. You have one champion, one face,

1538
01:08:24,800 --> 01:08:26,519
Speaker 6: one name. Yeah, I can be that man.

1539
01:08:26,880 --> 01:08:29,240
Speaker 2: How far off or how many fights off do you

1540
01:08:29,320 --> 01:08:31,360
Speaker 2: reckon you are from that chance?

1541
01:08:31,840 --> 01:08:34,000
Speaker 6: I'm one fight off, one or two fights off being

1542
01:08:34,080 --> 01:08:36,639
Speaker 6: champion of the world, three or four fights being unified

1543
01:08:36,680 --> 01:08:37,280
Speaker 6: champion of the world.

1544
01:08:37,360 --> 01:08:39,439
Speaker 2: It's amazing, very close. And then you're going to walk

1545
01:08:39,479 --> 01:08:40,320
Speaker 2: away and be a promoter.

1546
01:08:40,520 --> 01:08:42,680
Speaker 6: I'll walk away, I'll be a promoter. I'll probably I'll

1547
01:08:42,760 --> 01:08:45,040
Speaker 6: just do something else with my life, you know, enjoy it.

1548
01:08:45,160 --> 01:08:47,559
Speaker 6: But I'd like to help other young fighters, starting off

1549
01:08:47,600 --> 01:08:48,800
Speaker 6: with David Aker reach the top.

1550
01:08:48,960 --> 01:08:51,280
Speaker 2: That's brilliant. And Saudi Arabia, give me your take on

1551
01:08:51,560 --> 01:08:53,800
Speaker 2: see once upon a time when you started Kevin Barry

1552
01:08:53,920 --> 01:08:56,680
Speaker 2: Las Vegas. Then it seemed to move to London, and

1553
01:08:56,760 --> 01:08:58,880
Speaker 2: now it's moved to Saudi Arabia. They seem to have

1554
01:08:59,040 --> 01:09:02,360
Speaker 2: all the money in the world. And that's we're sport's.

1555
01:09:01,840 --> 01:09:04,559
Speaker 6: Listen to taken over. And also it's not just going

1556
01:09:04,640 --> 01:09:06,799
Speaker 6: to be in Chaudia Abba. They've got a show in America,

1557
01:09:06,880 --> 01:09:09,080
Speaker 6: They've got a show in the UK. I'm sure they're

1558
01:09:09,120 --> 01:09:11,599
Speaker 6: going to expand and go to Australia and all around

1559
01:09:11,640 --> 01:09:14,640
Speaker 6: the world. Yeah, Saudi Arabi taking over the sports world the.

1560
01:09:14,640 --> 01:09:17,960
Speaker 2: Book because the streaming service that you're on with Nika,

1561
01:09:18,240 --> 01:09:21,320
Speaker 2: the Zone, Yeah, that's is that out of Saudi Arabia

1562
01:09:21,520 --> 01:09:23,880
Speaker 2: or not? Or am I making that all around the world?

1563
01:09:24,080 --> 01:09:24,280
Speaker 6: Yeah?

1564
01:09:24,600 --> 01:09:26,719
Speaker 2: So they stream it, they stream it everywhere.

1565
01:09:26,720 --> 01:09:28,559
Speaker 6: So Devin Akas fight's going to be on the Zone,

1566
01:09:28,760 --> 01:09:30,360
Speaker 6: it's going to be live here in New Zealand, it's

1567
01:09:30,360 --> 01:09:31,800
Speaker 6: going to be broadcasts all around the world.

1568
01:09:31,920 --> 01:09:33,720
Speaker 2: So that's amazing. He's going to We don't know who

1569
01:09:33,720 --> 01:09:34,640
Speaker 2: he's fighting, do we yet?

1570
01:09:34,720 --> 01:09:37,439
Speaker 6: Not yet, but there's a few names that he's they're

1571
01:09:37,479 --> 01:09:38,680
Speaker 6: just negotiating.

1572
01:09:38,280 --> 01:09:41,280
Speaker 2: Good names, decent names, names, sell out names, names that

1573
01:09:41,600 --> 01:09:43,639
Speaker 2: I'd buy a table for to come along of course

1574
01:09:43,840 --> 01:09:46,720
Speaker 2: all that stuff. Of course, good on you, all right mate, Well,

1575
01:09:46,800 --> 01:09:48,720
Speaker 2: so you'll fight one more time before the end of

1576
01:09:48,760 --> 01:09:49,040
Speaker 2: the year.

1577
01:09:49,120 --> 01:09:51,599
Speaker 6: You think like one or two fights, one or two

1578
01:09:51,800 --> 01:09:53,679
Speaker 6: hopefully October and December.

1579
01:09:53,840 --> 01:09:56,000
Speaker 2: When you're in your phase at the moment with your

1580
01:09:56,000 --> 01:10:00,719
Speaker 2: seven thousand calories, how how much worky you' doing physically?

1581
01:10:00,880 --> 01:10:02,639
Speaker 2: A lot of because you've got to boon that stuf Las.

1582
01:10:02,600 --> 01:10:04,599
Speaker 6: Night around an hour and a half Monday night around

1583
01:10:04,680 --> 01:10:07,680
Speaker 6: hour and I'm doing weights and I'm just I'm doing

1584
01:10:07,760 --> 01:10:10,120
Speaker 6: waights in cardio. Yeah, there's a lot of hard work.

1585
01:10:10,200 --> 01:10:11,920
Speaker 6: And I'm tired. I'm tired from the training, I'm tired

1586
01:10:11,960 --> 01:10:15,240
Speaker 6: from eating, I'm tired from the family. I'm tired. But

1587
01:10:15,400 --> 01:10:17,720
Speaker 6: you know what, I love it more now than I've

1588
01:10:17,720 --> 01:10:18,400
Speaker 6: ever done before.

1589
01:10:18,520 --> 01:10:20,559
Speaker 2: Good on you mate, Listen, it's lovely to catch up

1590
01:10:20,600 --> 01:10:22,639
Speaker 2: with you. Good luck with the promotion job, good luck

1591
01:10:22,680 --> 01:10:23,920
Speaker 2: with a fight. We'll get you back in again.

1592
01:10:23,960 --> 01:10:24,639
Speaker 6: So very much.

1593
01:10:24,760 --> 01:10:26,880
Speaker 2: Always good to see you. There we go, Joseph Parker.

1594
01:10:27,040 --> 01:10:29,800
Speaker 2: Now this morning, good stuff. It is already twenty one

1595
01:10:29,840 --> 01:10:35,920
Speaker 2: past eight. Costel Breakfast with Alvider News Talk Siddy now

1596
01:10:36,120 --> 01:10:38,280
Speaker 2: Carl Winter Mornings, winterills and chills here to stay for

1597
01:10:38,320 --> 01:10:39,960
Speaker 2: at least a couple more months, of course, so very

1598
01:10:40,000 --> 01:10:41,760
Speaker 2: good time, very good time to look at some of

1599
01:10:41,800 --> 01:10:44,479
Speaker 2: those natural, nutritional and herbal supplements that can support your

1600
01:10:44,520 --> 01:10:47,120
Speaker 2: immune system. We got the fabulous riez v Ultimate two

1601
01:10:47,120 --> 01:10:48,800
Speaker 2: of those in the morning for met listers oil a

1602
01:10:48,800 --> 01:10:51,840
Speaker 2: couple of those, and the Olie Resist High Strength two

1603
01:10:51,880 --> 01:10:54,479
Speaker 2: of those as well. From about Health also dub the

1604
01:10:54,520 --> 01:10:58,559
Speaker 2: Immune Support Pack supports Healthy Agent look at me Energy joints,

1605
01:10:58,600 --> 01:11:02,360
Speaker 2: Immune Mood health. No one's happy. That may helps keep

1606
01:11:02,400 --> 01:11:04,000
Speaker 2: the winter els and chills it base. So do not

1607
01:11:04,080 --> 01:11:05,600
Speaker 2: compromise your health. Why would you want to do that?

1608
01:11:05,680 --> 01:11:08,160
Speaker 2: For goodness sake? About Health eight hundred triple line three

1609
01:11:08,280 --> 01:11:10,880
Speaker 2: h nine online at about health dot co dot nz.

1610
01:11:11,280 --> 01:11:13,679
Speaker 2: You order your supply the Risby Ultimate, use the code

1611
01:11:13,720 --> 01:11:16,280
Speaker 2: breakfast and they'll send your thirty capsule bottle of their

1612
01:11:16,320 --> 01:11:19,080
Speaker 2: amazing Element twelve magnesium that supports the sleep in the

1613
01:11:19,120 --> 01:11:22,240
Speaker 2: muscle cramps and that's absolutely free. By the way, read

1614
01:11:22,280 --> 01:11:24,960
Speaker 2: the label. Take only as director, but get yourself sorted

1615
01:11:25,040 --> 01:11:27,479
Speaker 2: for the cold winter months. Eight hundred triple line three

1616
01:11:27,479 --> 01:11:30,200
Speaker 2: oh nine online at about health the dot co dot

1617
01:11:30,439 --> 01:11:34,000
Speaker 2: n Z. Pasking Mike Parker, a genuinely nice guy. Couldn't

1618
01:11:34,040 --> 01:11:36,400
Speaker 2: agree with you more. Mike's so great to hear Joseph

1619
01:11:36,439 --> 01:11:38,600
Speaker 2: talking with such confidence and drive. I'm thinking about that

1620
01:11:38,640 --> 01:11:41,680
Speaker 2: as well. We started interviewing, obviously, Joseph many many many

1621
01:11:41,760 --> 01:11:44,160
Speaker 2: years ago. He said his boxing eleibny, so obviously that's

1622
01:11:44,160 --> 01:11:46,200
Speaker 2: when we started talking to him, and he was very

1623
01:11:46,640 --> 01:11:49,120
Speaker 2: very shy didn't have a lot to say. Likable guy,

1624
01:11:49,200 --> 01:11:51,519
Speaker 2: has been a likable guy, but never never really had

1625
01:11:51,520 --> 01:11:54,400
Speaker 2: anything to say. So just been wonderful to watch him

1626
01:11:54,439 --> 01:11:57,639
Speaker 2: grow into himself in the last decade. And he's these

1627
01:11:57,760 --> 01:11:59,840
Speaker 2: days really comfortable in his own skin. So he's a

1628
01:12:00,240 --> 01:12:02,519
Speaker 2: man and he's just fantastic. He's a great guy to

1629
01:12:02,600 --> 01:12:06,439
Speaker 2: be around. Good vibes. Joseph took a little snap. What

1630
01:12:06,920 --> 01:12:10,120
Speaker 2: you'll be interested have we put the snap up? Okay,

1631
01:12:10,160 --> 01:12:12,160
Speaker 2: we're going to put that up shortly. What you'll be

1632
01:12:12,320 --> 01:12:16,120
Speaker 2: really interested to see is my weight training program and

1633
01:12:16,280 --> 01:12:19,320
Speaker 2: the gains I've been able to make in the last

1634
01:12:19,400 --> 01:12:23,280
Speaker 2: couple of months. Because you've got to remember Parker's He's

1635
01:12:23,280 --> 01:12:26,559
Speaker 2: a decent sized guy, not as big as Joshua and stuff.

1636
01:12:26,600 --> 01:12:29,000
Speaker 2: But if you look look at where I've come from

1637
01:12:29,080 --> 01:12:31,640
Speaker 2: and where I am today with that photo, you're going

1638
01:12:31,720 --> 01:12:38,720
Speaker 2: to get I honestly don't know he put his arm

1639
01:12:38,800 --> 01:12:42,840
Speaker 2: around me, and I'm not sure I'm actually in the

1640
01:12:42,880 --> 01:12:47,960
Speaker 2: photo anymore. I think he put his arm around me

1641
01:12:48,040 --> 01:12:51,280
Speaker 2: and flexed to the bicet. How could I literally disappear

1642
01:12:51,360 --> 01:12:53,160
Speaker 2: from the photo. So if you see the photo, you

1643
01:12:53,200 --> 01:12:55,599
Speaker 2: think that's Hosking even in there, I'm under his arm.

1644
01:12:56,720 --> 01:12:59,439
Speaker 2: Good fun. Seven thousand calories, by the way, which is

1645
01:12:59,479 --> 01:13:02,639
Speaker 2: what he's eating every day. As an example, it's three

1646
01:13:02,720 --> 01:13:06,479
Speaker 2: times recommended intake for your average mail. Eddie Hall, who

1647
01:13:06,560 --> 01:13:09,040
Speaker 2: was a strong man, he does seven thousand a day,

1648
01:13:09,120 --> 01:13:11,760
Speaker 2: so seven thirty one apple before morning power walk. So

1649
01:13:11,880 --> 01:13:13,320
Speaker 2: you think, well, that's not bad. I can handle that.

1650
01:13:13,400 --> 01:13:15,840
Speaker 2: One apple. Breakfast you back from your power walk, Steak

1651
01:13:15,880 --> 01:13:18,840
Speaker 2: and scrambled eggs, five eggs, glass of orange juice. Lunch,

1652
01:13:19,120 --> 01:13:21,880
Speaker 2: two large pieces of chicken, rice, mixed vegetables and half

1653
01:13:21,920 --> 01:13:24,920
Speaker 2: a glass of orange juice. Mid afternoon chocolate granola or

1654
01:13:24,920 --> 01:13:28,439
Speaker 2: a punnet of strawberries with Manuoka honey. Six pm meal

1655
01:13:29,560 --> 01:13:33,240
Speaker 2: homemade chicken, curry, rice, vegetables, carrots, peas, and sweet corn. Dinner. Ah,

1656
01:13:33,400 --> 01:13:35,360
Speaker 2: you thought six pm meal was a dinner. No, that

1657
01:13:35,520 --> 01:13:38,400
Speaker 2: was just the six pm meal. Dinner eight o'clock large

1658
01:13:38,439 --> 01:13:41,479
Speaker 2: portion of beer, fried chicken, two baked potatoes, asparagus, coleslaw,

1659
01:13:41,520 --> 01:13:46,800
Speaker 2: peppers cooked in butter, half a bottle of mayonnaise, half

1660
01:13:47,320 --> 01:13:54,120
Speaker 2: a bottle of mayonnaise. Then once you swallow that, some

1661
01:13:54,280 --> 01:13:57,840
Speaker 2: evening snacks of yogurt, nuts, honey, and fruit, and you

1662
01:13:58,040 --> 01:14:01,760
Speaker 2: do that every day until you get in the ring

1663
01:14:02,000 --> 01:14:03,680
Speaker 2: and you burn it off in between times doing all

1664
01:14:03,760 --> 01:14:06,000
Speaker 2: your exercise. News in a couple of moments, a very

1665
01:14:06,120 --> 01:14:09,559
Speaker 2: very interesting poll out. More good news for Nigel Farage

1666
01:14:09,640 --> 01:14:12,560
Speaker 2: here is on the cusp of becoming an MP reformers,

1667
01:14:12,600 --> 01:14:15,320
Speaker 2: the story of this campaign in Deebrady with all the details.

1668
01:14:15,360 --> 01:14:16,320
Speaker 2: After the news which is.

1669
01:14:16,320 --> 01:14:22,160
Speaker 1: Mixed, what Big News, bold opinions, the Mic Hosking, Breakfast

1670
01:14:22,560 --> 01:14:23,800
Speaker 1: with a Veda.

1671
01:14:24,000 --> 01:14:27,280
Speaker 3: Live, The Age You Feel, News Talk, SEDB for what.

1672
01:14:27,360 --> 01:14:31,000
Speaker 2: It's Worth, NPR and PBS, which are public broadcasters in America.

1673
01:14:31,040 --> 01:14:33,400
Speaker 2: Of course, poll out this morning are taking June ten

1674
01:14:33,439 --> 01:14:36,679
Speaker 2: through twelve. This is independent voters and once again it's national.

1675
01:14:36,800 --> 01:14:38,519
Speaker 2: And once again I warn you about when you talk

1676
01:14:38,560 --> 01:14:40,680
Speaker 2: about poles in the United States being national, that the

1677
01:14:40,840 --> 01:14:43,080
Speaker 2: vote is not national. It's the college system. It's two

1678
01:14:43,160 --> 01:14:45,600
Speaker 2: hundred and seventy. It'll be a tight race, it'll be

1679
01:14:45,880 --> 01:14:48,599
Speaker 2: you know, as always, it'll be Pennsylvania, it'll be Michigan,

1680
01:14:48,640 --> 01:14:51,360
Speaker 2: et cetera. But nevertheless, they keep pumping out these national polls.

1681
01:14:51,400 --> 01:14:54,080
Speaker 2: What's interesting about this one is with the independent voters,

1682
01:14:54,080 --> 01:14:57,200
Speaker 2: because I think, to be fair, the Democrats and the

1683
01:14:57,240 --> 01:14:59,840
Speaker 2: Republicans are locked in. There are some Republicans who ma,

1684
01:15:00,000 --> 01:15:02,479
Speaker 2: I may not vote for Trump because they count stomach him.

1685
01:15:02,920 --> 01:15:05,080
Speaker 2: There may or may not be some Democrats who won't

1686
01:15:05,120 --> 01:15:07,679
Speaker 2: vote for Biden because he's too old and he's too senile,

1687
01:15:08,360 --> 01:15:09,880
Speaker 2: but they are locked in. In other words, you're not

1688
01:15:09,920 --> 01:15:11,400
Speaker 2: going to find a Biden voter who's going to switch

1689
01:15:11,439 --> 01:15:13,120
Speaker 2: to Trump and vice versas. It's just that they're two

1690
01:15:13,160 --> 01:15:15,439
Speaker 2: to divide him. So these are so called independent voters.

1691
01:15:15,920 --> 01:15:18,280
Speaker 2: Back in May, Trump was up fifty four to forty

1692
01:15:18,320 --> 01:15:22,200
Speaker 2: two among independent voters. Fifty four forty two jumped to

1693
01:15:22,360 --> 01:15:25,439
Speaker 2: now June ten through twelve, it's fifty to forty eight

1694
01:15:26,280 --> 01:15:29,439
Speaker 2: the other way. So Trump has gone from fifty four

1695
01:15:29,439 --> 01:15:32,679
Speaker 2: to forty eight. Biden's gone from forty two to fifty.

1696
01:15:33,640 --> 01:15:37,080
Speaker 2: So is that too big a move for no particular

1697
01:15:37,160 --> 01:15:40,760
Speaker 2: reason in too short a time. Probably, But it's out

1698
01:15:40,800 --> 01:15:43,160
Speaker 2: there and worth reporting. On twenty two minutes away from nine.

1699
01:15:43,400 --> 01:15:47,240
Speaker 1: International correspondence with ends and eye insurance, peace of mind

1700
01:15:47,360 --> 01:15:48,280
Speaker 1: for New Zealand business.

1701
01:15:48,520 --> 01:15:50,080
Speaker 2: It's going to ready, good.

1702
01:15:50,000 --> 01:15:52,960
Speaker 13: Morning to you, good morning, make goodn speak to AGAP

1703
01:15:53,000 --> 01:15:53,519
Speaker 13: and to you two.

1704
01:15:53,600 --> 01:15:55,559
Speaker 2: The two percent inflation figure. We had a little cut

1705
01:15:55,560 --> 01:15:57,280
Speaker 2: from Rashid. He was all over and he needs every

1706
01:15:57,320 --> 01:15:59,120
Speaker 2: bit of good news he can possibly get his hands on.

1707
01:15:59,200 --> 01:16:01,240
Speaker 2: But I think the banking and aren't cutting tomorrow. Do

1708
01:16:01,320 --> 01:16:04,120
Speaker 2: people pay attention to the inflation in that yeah, they've

1709
01:16:04,160 --> 01:16:05,160
Speaker 2: made it kind of way.

1710
01:16:05,960 --> 01:16:07,680
Speaker 13: Not at all. I don't think this is going to

1711
01:16:07,720 --> 01:16:09,479
Speaker 13: make the slightest bit of difference to the cost of

1712
01:16:09,560 --> 01:16:10,240
Speaker 13: living crisis.

1713
01:16:10,280 --> 01:16:10,400
Speaker 22: Here.

1714
01:16:10,520 --> 01:16:12,880
Speaker 13: Look, it's better than what it was two years ago

1715
01:16:12,920 --> 01:16:16,720
Speaker 13: when Russia started it's illegal war in Ukraine. Inflation here

1716
01:16:16,840 --> 01:16:20,360
Speaker 13: hit eleven percent, energy bills went through the roof. Then

1717
01:16:20,400 --> 01:16:24,280
Speaker 13: we had the Liz Truss memorable six weeks where mortgage

1718
01:16:24,360 --> 01:16:26,400
Speaker 13: rates are still high and people are still paying for

1719
01:16:26,479 --> 01:16:29,640
Speaker 13: that fiasco. I don't think inflation coming down to two

1720
01:16:29,720 --> 01:16:32,840
Speaker 13: percent is going to matter a jot to anyone. The

1721
01:16:32,960 --> 01:16:36,439
Speaker 13: feeling is that, you know, prices are still going up. Though,

1722
01:16:36,640 --> 01:16:39,160
Speaker 13: to be fair to Sunak, he did say that one

1723
01:16:39,200 --> 01:16:41,280
Speaker 13: of his core pledges a year ago. Judge me on

1724
01:16:41,400 --> 01:16:43,840
Speaker 13: the five things he said, and one of them was

1725
01:16:43,880 --> 01:16:45,920
Speaker 13: that he would get inflation down to two percent, and

1726
01:16:46,000 --> 01:16:46,519
Speaker 13: he has done that.

1727
01:16:47,040 --> 01:16:49,720
Speaker 2: Okay, So the other side of the equation, of course,

1728
01:16:49,800 --> 01:16:51,800
Speaker 2: these boat people, I think, well, what do you reckon.

1729
01:16:52,200 --> 01:16:54,400
Speaker 2: Speculate with us if Rishie had said I'm going to

1730
01:16:54,400 --> 01:16:56,000
Speaker 2: stop the boats and they're not going to come to

1731
01:16:56,040 --> 01:16:58,880
Speaker 2: this country anymore, and he had done it, would it

1732
01:16:58,920 --> 01:16:59,799
Speaker 2: have made any difference?

1733
01:17:01,280 --> 01:17:04,840
Speaker 13: Again, I think people are so angry and the cost

1734
01:17:04,920 --> 01:17:08,840
Speaker 13: of living crisis, fourteen years of a conservative party that

1735
01:17:08,960 --> 01:17:11,080
Speaker 13: appears to have run out of not only road but

1736
01:17:11,280 --> 01:17:15,320
Speaker 13: ideas and leadership. I think stopping the boats wouldn't even

1737
01:17:15,360 --> 01:17:18,519
Speaker 13: have shifted the dial maybe one or two percentage points.

1738
01:17:19,000 --> 01:17:21,680
Speaker 13: As it stands, the figure that we got today for

1739
01:17:21,880 --> 01:17:24,920
Speaker 13: yesterday's illegal crossings from France, so this is twenty six

1740
01:17:25,240 --> 01:17:29,200
Speaker 13: nautical miles of water from French soil to English soil.

1741
01:17:30,320 --> 01:17:34,759
Speaker 13: Fifteen boats got across yesterday containing eight hundred and eighty

1742
01:17:35,040 --> 01:17:38,280
Speaker 13: two people, and the bottom line for the British taxpayer

1743
01:17:38,400 --> 01:17:42,599
Speaker 13: is between hotels and B and b's, we're looking at

1744
01:17:42,640 --> 01:17:47,360
Speaker 13: eight million dollars enz a day being spent on that accommodation.

1745
01:17:47,760 --> 01:17:49,240
Speaker 6: Jeez, what to do.

1746
01:17:49,360 --> 01:17:51,200
Speaker 2: But then, having said that, despite the anger on a

1747
01:17:51,240 --> 01:17:53,840
Speaker 2: take you point, delaya have a plan to stop the biats?

1748
01:17:54,520 --> 01:17:56,240
Speaker 2: Does anyone have a plane to stop the bikes?

1749
01:17:57,360 --> 01:18:00,600
Speaker 13: Starmer has been reaching out to the French and he

1750
01:18:00,760 --> 01:18:03,719
Speaker 13: was granted an audience with President Macron at the Elise

1751
01:18:03,760 --> 01:18:06,800
Speaker 13: a couple of months ago. So behind the scenes, I

1752
01:18:06,920 --> 01:18:11,280
Speaker 13: think what Labor are doing is just trying to undo

1753
01:18:11,520 --> 01:18:14,439
Speaker 13: the damage that has been done to Britain's international reputation

1754
01:18:14,600 --> 01:18:18,000
Speaker 13: by Bresis. They're not going to undo Bresis in the

1755
01:18:18,120 --> 01:18:20,360
Speaker 13: short term. I think long term a lot of people

1756
01:18:20,400 --> 01:18:22,800
Speaker 13: would like to have that referendum again. But I think

1757
01:18:22,880 --> 01:18:25,400
Speaker 13: what Starmer is doing is realizing that, you know, you've

1758
01:18:25,400 --> 01:18:29,720
Speaker 13: got a problem that originates ultimately on French soil. These

1759
01:18:29,760 --> 01:18:32,160
Speaker 13: people want to come to the UK. How can we

1760
01:18:32,280 --> 01:18:36,479
Speaker 13: stop that happening? Having better relations with your nearest neighbor

1761
01:18:36,600 --> 01:18:39,200
Speaker 13: would be a good starting point. And what really struck

1762
01:18:39,240 --> 01:18:40,640
Speaker 13: me the other week, Mike, there was a story A

1763
01:18:40,680 --> 01:18:42,040
Speaker 13: lot of people made a big deal out of this.

1764
01:18:42,479 --> 01:18:45,280
Speaker 13: A French policeman happened upon one of these dinghies on

1765
01:18:45,360 --> 01:18:47,559
Speaker 13: a beach full of people being dragged out into the sea.

1766
01:18:47,840 --> 01:18:49,560
Speaker 13: He got a penknife felt and he just looked it

1767
01:18:49,640 --> 01:18:50,120
Speaker 13: in the dingy.

1768
01:18:50,320 --> 01:18:53,360
Speaker 2: Yeah game over exactly. Yeah, good old practical solution to

1769
01:18:53,400 --> 01:18:56,040
Speaker 2: the problem. This bitting scandal, fesstival, is it a scandal

1770
01:18:56,280 --> 01:18:58,640
Speaker 2: or anyway we've gotten a risk, but you can't go

1771
01:18:58,720 --> 01:18:59,479
Speaker 2: around bitting on stuff.

1772
01:18:59,479 --> 01:19:02,920
Speaker 13: You probably knew, well, this is a police officer that

1773
01:19:03,120 --> 01:19:06,320
Speaker 13: was allegedly doing this, one of Sunnak's close protection officers

1774
01:19:06,360 --> 01:19:09,000
Speaker 13: from the met. Now you can imagine, you know, traveling

1775
01:19:09,040 --> 01:19:12,240
Speaker 13: around with the Prime Minister, perhaps driving him or being

1776
01:19:12,360 --> 01:19:14,760
Speaker 13: near him, or when he's having coffee or when he's

1777
01:19:14,760 --> 01:19:18,479
Speaker 13: taking phone calls. He's obviously heard something. So the allegation

1778
01:19:18,720 --> 01:19:21,719
Speaker 13: is that this serving police officer from the Prime minister

1779
01:19:21,880 --> 01:19:24,880
Speaker 13: protection team has gone off and placed the bet on

1780
01:19:25,160 --> 01:19:28,400
Speaker 13: the timing of the election. If this sounds like deja vu,

1781
01:19:28,640 --> 01:19:30,439
Speaker 13: we did speak about this a couple of weeks ago

1782
01:19:30,560 --> 01:19:34,120
Speaker 13: and was actually an MP from the Conservative Party, Craig Williams,

1783
01:19:34,520 --> 01:19:38,639
Speaker 13: allegedly placing a bet on a July election. So someone

1784
01:19:38,720 --> 01:19:42,480
Speaker 13: has been loose lipped. There is an investigation into the politician.

1785
01:19:42,760 --> 01:19:45,559
Speaker 13: There is now an investigation into the police officer who

1786
01:19:45,760 --> 01:19:48,880
Speaker 13: has been arrested and is in a lot of hot water.

1787
01:19:49,560 --> 01:19:52,000
Speaker 2: Just accepting in that so I'm tapping into your expertise

1788
01:19:52,040 --> 01:19:54,639
Speaker 2: and experience here. Just accepting that the polls are broadly

1789
01:19:54,720 --> 01:19:56,600
Speaker 2: speaking going to be right in the Saint Slave is

1790
01:19:56,600 --> 01:19:58,840
Speaker 2: going to win this election. Do you believe a poll

1791
01:19:58,880 --> 01:20:01,280
Speaker 2: that's seen the sort of move we've seen for Farage

1792
01:20:01,320 --> 01:20:05,840
Speaker 2: and Clacton, and it's astonishing effectsavation SIT. It was unprecedented

1793
01:20:06,080 --> 01:20:08,600
Speaker 2: in modern electoral history. In other words, Farage is not

1794
01:20:08,680 --> 01:20:10,519
Speaker 2: just going to win, He's going to bolt home.

1795
01:20:11,880 --> 01:20:15,680
Speaker 13: I think he will. Look he appeals to people who

1796
01:20:15,840 --> 01:20:20,040
Speaker 13: voted BREGGSIT. He chose Clacton on Sea, which is with

1797
01:20:20,479 --> 01:20:23,120
Speaker 13: the greatest of respect. It is a town that has

1798
01:20:23,200 --> 01:20:27,800
Speaker 13: seen better days. He went there purely because that was

1799
01:20:27,880 --> 01:20:31,400
Speaker 13: the biggest percentage share of vote for Brexit eight years

1800
01:20:31,400 --> 01:20:35,160
Speaker 13: ago in that referendum. So he has chosen Clacton because

1801
01:20:35,200 --> 01:20:37,960
Speaker 13: these are people who sing off his song sheet. They

1802
01:20:38,200 --> 01:20:41,479
Speaker 13: like what he says about migration. He's a big character,

1803
01:20:42,160 --> 01:20:44,840
Speaker 13: Microphones in his face everywhere he goes. And as much

1804
01:20:44,880 --> 01:20:47,479
Speaker 13: as you get people chocking milkshakes and wet cement adam

1805
01:20:47,520 --> 01:20:52,599
Speaker 13: and coffee cups, microphones ink doesn't you know, paper doesn't

1806
01:20:52,640 --> 01:20:55,560
Speaker 13: refuse ink, and Farage comes out with the soundbites. So

1807
01:20:55,960 --> 01:20:58,759
Speaker 13: I think he is a nightmare for the Conservative Party

1808
01:20:58,840 --> 01:21:03,160
Speaker 13: now because people who would vote for reform are never

1809
01:21:03,320 --> 01:21:05,760
Speaker 13: going to vote labor in the first place. So he's

1810
01:21:05,920 --> 01:21:10,200
Speaker 13: chipping away at I think elderly Conservative voters who are

1811
01:21:10,240 --> 01:21:12,759
Speaker 13: sick of Sunac, sick of the Conservatives and don't believe

1812
01:21:12,760 --> 01:21:16,840
Speaker 13: they're right wing enough, and incomes Nigel Forage to save

1813
01:21:16,920 --> 01:21:19,080
Speaker 13: the day, as it were. The Poles are predicting that

1814
01:21:19,160 --> 01:21:21,719
Speaker 13: he will get elected at the eighth time of asking.

1815
01:21:21,880 --> 01:21:25,000
Speaker 13: Remember he's run for Parliament here seven times before and

1816
01:21:25,080 --> 01:21:28,400
Speaker 13: has failed seven times. The Poles are predicting the Forage

1817
01:21:28,439 --> 01:21:31,760
Speaker 13: wins Clacton on Sea, which is a safe Conservative seat

1818
01:21:31,800 --> 01:21:34,559
Speaker 13: gun and he will also pick up four other seats

1819
01:21:34,640 --> 01:21:37,160
Speaker 13: with his party. Now, the problem long term for the

1820
01:21:37,240 --> 01:21:40,000
Speaker 13: Conservatives is this puts him in the House of Commons.

1821
01:21:40,360 --> 01:21:43,160
Speaker 13: It gives him an even bigger platform. He will call

1822
01:21:43,200 --> 01:21:47,320
Speaker 13: it a mandate. Does he then try to invague his

1823
01:21:47,439 --> 01:21:49,439
Speaker 13: way into the Conservative Party and take over?

1824
01:21:49,800 --> 01:21:53,160
Speaker 2: Yeah, this is what makes it so fascinating, those idiots.

1825
01:21:53,280 --> 01:21:55,920
Speaker 2: It's downheinge. I mean, the really stop oil people are

1826
01:21:55,920 --> 01:21:57,519
Speaker 2: they just the kids who have got nothing be able

1827
01:21:57,520 --> 01:21:59,160
Speaker 2: to do? And then we just wander around the world's

1828
01:21:59,160 --> 01:21:59,920
Speaker 2: sprice stuff these.

1829
01:21:59,840 --> 01:22:05,519
Speaker 13: Day, it's shocking. I mean Stonehenge is five thousand years old.

1830
01:22:06,040 --> 01:22:10,519
Speaker 13: Five thousand years old. Those stones were sourced from a

1831
01:22:10,600 --> 01:22:13,720
Speaker 13: quarry in South Wales, which is a hell of a

1832
01:22:13,800 --> 01:22:16,559
Speaker 13: long way to lug Stones that big to a field

1833
01:22:16,680 --> 01:22:20,840
Speaker 13: in Wiltshire. It is beautiful, it is breathtaking. There's a

1834
01:22:21,000 --> 01:22:24,760
Speaker 13: mystique around Stonehenge. I've been there filming. I've been there

1835
01:22:24,840 --> 01:22:28,040
Speaker 13: as a tourist and I've been there at the crack

1836
01:22:28,080 --> 01:22:29,960
Speaker 13: of dawn watching the sun come up, and it is

1837
01:22:30,240 --> 01:22:34,280
Speaker 13: just beautiful. Why anyone would want to go and attack them.

1838
01:22:34,600 --> 01:22:36,560
Speaker 13: So they're saying, now just stop oil, that it was

1839
01:22:36,680 --> 01:22:40,120
Speaker 13: cornpowder and it will wash off. The damage is done,

1840
01:22:40,360 --> 01:22:42,080
Speaker 13: you know, tourists made.

1841
01:22:42,160 --> 01:22:42,600
Speaker 3: One is a.

1842
01:22:42,640 --> 01:22:46,679
Speaker 13: Student from Oxford. I think she's nineteen or twenty. They're

1843
01:22:46,720 --> 01:22:49,519
Speaker 13: saying that they made the point today that whoever is

1844
01:22:49,600 --> 01:22:52,120
Speaker 13: Prime Minister on July fifth, when the election is over

1845
01:22:52,240 --> 01:22:55,519
Speaker 13: the next morning, whether it's Sunak again or Starmer, comes in,

1846
01:22:55,920 --> 01:22:58,799
Speaker 13: that we need to stop our reliance on fossil fuels.

1847
01:22:59,120 --> 01:23:03,720
Speaker 13: But the end result there's a national treasure being desecrated.

1848
01:23:03,800 --> 01:23:05,599
Speaker 13: Really pretty shameful stuff exactly.

1849
01:23:05,640 --> 01:23:08,000
Speaker 2: They got no respect and good to see it into

1850
01:23:08,040 --> 01:23:09,840
Speaker 2: writing out of Britay's back. Next Thursday, on the my

1851
01:23:09,920 --> 01:23:13,799
Speaker 2: Casking Breakfast stayed forty five already, the Mike hosting Breakfast

1852
01:23:14,640 --> 01:23:17,439
Speaker 2: twelve to nine. To be fair to the Commerce Commission,

1853
01:23:17,760 --> 01:23:21,400
Speaker 2: because often I'm not particularly enamored with what they do

1854
01:23:22,439 --> 01:23:24,840
Speaker 2: with all these market studies and this fascination and belief

1855
01:23:24,920 --> 01:23:27,080
Speaker 2: that apparently if they look into something, the whole world's

1856
01:23:27,080 --> 01:23:28,920
Speaker 2: going to change, and you know, you can sign anything

1857
01:23:29,040 --> 01:23:32,240
Speaker 2: from petrol stations to building supplies to supermarkets. Where they

1858
01:23:32,360 --> 01:23:35,000
Speaker 2: have done well in terms of the supermarkets, and they've

1859
01:23:35,040 --> 01:23:37,200
Speaker 2: only done well because they've pointed out, basically in a

1860
01:23:37,280 --> 01:23:39,360
Speaker 2: shocking set of circumstances that were going on that I

1861
01:23:39,479 --> 01:23:41,559
Speaker 2: wasn't aware of at the time. And this came back

1862
01:23:41,560 --> 01:23:43,439
Speaker 2: in the news yesterday because they filed charges in the

1863
01:23:43,520 --> 01:23:46,800
Speaker 2: High Court against food Stuff's North Island from blocking rival.

1864
01:23:46,840 --> 01:23:49,200
Speaker 2: These were anti competitive land covenants. I had no idea

1865
01:23:49,240 --> 01:23:51,360
Speaker 2: that this was going on, and so I suppose in

1866
01:23:51,520 --> 01:23:54,640
Speaker 2: that sense, good on them for digging that up. I

1867
01:23:54,760 --> 01:23:56,479
Speaker 2: don't know you needed the Commerce Commission to do it.

1868
01:23:56,520 --> 01:23:58,040
Speaker 2: You probably could have had the media do it, or

1869
01:23:58,120 --> 01:23:59,560
Speaker 2: maybe even the government of the day do it. So

1870
01:23:59,640 --> 01:24:00,920
Speaker 2: what they use to do as they buy a chunks

1871
01:24:00,960 --> 01:24:03,639
Speaker 2: of land next door over the road whatever to their

1872
01:24:03,760 --> 01:24:05,800
Speaker 2: current operations and they put a covenant on the land

1873
01:24:05,840 --> 01:24:08,040
Speaker 2: that you couldn't ever build a supermarket there. Hence you

1874
01:24:08,080 --> 01:24:11,320
Speaker 2: were stifling competition. Now that came to an end once

1875
01:24:11,439 --> 01:24:14,280
Speaker 2: they got wind of that, they said, okay, maya culper

1876
01:24:14,360 --> 01:24:17,560
Speaker 2: will no longer do that. What I hadn't realized is

1877
01:24:17,720 --> 01:24:20,000
Speaker 2: the it needs to go to court. I don't know

1878
01:24:20,080 --> 01:24:21,960
Speaker 2: why it needs to go to court. Someone can answer that.

1879
01:24:22,360 --> 01:24:24,120
Speaker 2: So if you go along to these guys, and what

1880
01:24:24,200 --> 01:24:27,040
Speaker 2: they're doing is they've negotiated as settlement. In other words,

1881
01:24:27,080 --> 01:24:29,040
Speaker 2: they're going to have to write a check and they're

1882
01:24:29,080 --> 01:24:31,200
Speaker 2: going to have to say sorry and we're not going

1883
01:24:31,280 --> 01:24:32,840
Speaker 2: to do it again, which they've already done. And this

1884
01:24:32,960 --> 01:24:35,040
Speaker 2: was done months ago. I mean, this isn't brain new news.

1885
01:24:35,120 --> 01:24:37,400
Speaker 2: They'd agreed to this early on in the investigation said

1886
01:24:37,400 --> 01:24:39,400
Speaker 2: we will not do it again. It's not acceptable behavior.

1887
01:24:39,479 --> 01:24:40,920
Speaker 2: We apologize for it and stops now.

1888
01:24:41,560 --> 01:24:42,120
Speaker 6: So that was that.

1889
01:24:42,840 --> 01:24:46,479
Speaker 2: Then they started negotiating a deal, which they have done.

1890
01:24:46,520 --> 01:24:49,240
Speaker 2: It was part of the Commerce Grocery Sector Covenant's Amendment

1891
01:24:49,360 --> 01:24:53,120
Speaker 2: Act of twenty twenty two, which made certain grocery related

1892
01:24:53,160 --> 01:24:56,759
Speaker 2: covenants prohibited and unenforceable. So that was sorted out legally speaking,

1893
01:24:56,800 --> 01:24:58,560
Speaker 2: so you can't do it in future. So that was

1894
01:24:58,600 --> 01:25:01,160
Speaker 2: all tidied up. Somebody writes it. Somebody that's all fine,

1895
01:25:01,400 --> 01:25:04,280
Speaker 2: and for some reason beyond my comprehension needs to go

1896
01:25:04,360 --> 01:25:07,479
Speaker 2: to court, and the court needs to go. Yes, that's

1897
01:25:07,520 --> 01:25:11,040
Speaker 2: the deal. We accept that deal, and we rub a

1898
01:25:11,080 --> 01:25:14,920
Speaker 2: stampet I assume so to the Commerce Commission's credit they

1899
01:25:15,040 --> 01:25:17,240
Speaker 2: have in all their market studies, which as far as

1900
01:25:17,240 --> 01:25:20,640
Speaker 2: I've worked out, achieved very very little petrol. Is you're

1901
01:25:20,640 --> 01:25:22,920
Speaker 2: paying this patrol now because the Commers Commission came along.

1902
01:25:22,920 --> 01:25:24,360
Speaker 2: Of course you're not. You're paying this perpetrol because the

1903
01:25:24,360 --> 01:25:28,000
Speaker 2: oil is down anyway. In defense of the Commerce Commission,

1904
01:25:28,200 --> 01:25:30,920
Speaker 2: at least in that area, they've made a tangible and

1905
01:25:31,160 --> 01:25:35,400
Speaker 2: real difference. But but have your grocery prices gone down

1906
01:25:35,439 --> 01:25:37,280
Speaker 2: as a result, Have a whole lot of people gone

1907
01:25:37,320 --> 01:25:39,680
Speaker 2: on to that land set up a shop. You've got

1908
01:25:39,720 --> 01:25:41,559
Speaker 2: way more competition as a result of that, and you're

1909
01:25:41,560 --> 01:25:44,840
Speaker 2: paying less for your groceries. No, so a win, but

1910
01:25:45,000 --> 01:25:46,760
Speaker 2: not a complete win. Nine away from nine.

1911
01:25:47,560 --> 01:25:50,560
Speaker 3: The breaks with Jaguars.

1912
01:25:51,439 --> 01:25:53,200
Speaker 2: We haven't talk this morning. We probably should have Done's

1913
01:25:53,200 --> 01:25:55,800
Speaker 2: a big announcement yesterday. We alluded to it with Steve Price.

1914
01:25:55,880 --> 01:25:58,360
Speaker 2: But Dunn's big announcement yesterday on these seven sites for

1915
01:25:58,439 --> 01:26:02,080
Speaker 2: the nuclear options in Australia. What's perhaps more interesting than

1916
01:26:02,080 --> 01:26:06,120
Speaker 2: the nuclear options in Australia is the possibility that he's

1917
01:26:06,160 --> 01:26:09,960
Speaker 2: a political genius and he's turned his entire fortunes around.

1918
01:26:10,080 --> 01:26:13,320
Speaker 2: The once unelectable Peter Dutton has turned his entire fortune around.

1919
01:26:13,400 --> 01:26:16,240
Speaker 2: Albanese is in real trouble and he might have single handedly,

1920
01:26:16,360 --> 01:26:19,640
Speaker 2: with a single issue, flip the election whenever that's to

1921
01:26:19,680 --> 01:26:21,759
Speaker 2: be held on its head. But anyway, more with Murray

1922
01:26:21,880 --> 01:26:24,639
Speaker 2: later on. I know Netflix and part of this ongoing

1923
01:26:24,680 --> 01:26:28,599
Speaker 2: and fascinating evolving landscape that is streaming slash television, slash

1924
01:26:28,640 --> 01:26:31,720
Speaker 2: Old World, slash New World opening up a couple of

1925
01:26:31,840 --> 01:26:34,760
Speaker 2: entertainment venues in a couple of cities in America, experimental

1926
01:26:34,920 --> 01:26:39,000
Speaker 2: or experiential complexes. They're called Netflix Houses. They'll have big

1927
01:26:39,040 --> 01:26:41,839
Speaker 2: events themed to give shops, restaurants. Of course, because of America.

1928
01:26:42,120 --> 01:26:44,439
Speaker 2: It's at the Dallas Galleria or what was the Dallas

1929
01:26:44,479 --> 01:26:47,120
Speaker 2: Galleria and the King of Prussia Moor near Philadelphia, a

1930
01:26:47,160 --> 01:26:49,240
Speaker 2: couple of places that went bust and so they're empty buildings,

1931
01:26:49,280 --> 01:26:52,000
Speaker 2: big buildings at least one hundred thousand square feet set

1932
01:26:52,040 --> 01:26:54,560
Speaker 2: to open next year. They're going to recreate some of

1933
01:26:54,560 --> 01:26:57,200
Speaker 2: the stuff you see on Netflix, which is quite exciting.

1934
01:26:57,479 --> 01:26:59,120
Speaker 2: So they're going to do with Disney, in other words,

1935
01:26:59,160 --> 01:27:01,640
Speaker 2: what Disney did fifty sixty seventy eighty nine years ago

1936
01:27:01,640 --> 01:27:04,240
Speaker 2: whenever they opened up Disney. Netflix are going to open

1937
01:27:04,320 --> 01:27:06,639
Speaker 2: up their version of Disney. So they're going to make content,

1938
01:27:06,800 --> 01:27:09,160
Speaker 2: i e. Television and movies, and you're going to be

1939
01:27:09,280 --> 01:27:12,720
Speaker 2: invited along to Netflix house to experience things like the

1940
01:27:12,760 --> 01:27:14,280
Speaker 2: Squid Game and stuff. Do you reckon? It's a winner,

1941
01:27:14,640 --> 01:27:16,479
Speaker 2: they said. The big thing, the analysts say, the big

1942
01:27:16,560 --> 01:27:20,000
Speaker 2: problem is getting people to come back once you've been once.

1943
01:27:20,120 --> 01:27:22,479
Speaker 2: Unless it's brilliant, you're never coming back. And there's a

1944
01:27:22,479 --> 01:27:24,439
Speaker 2: lot of investment in making that happen physically, of course,

1945
01:27:24,439 --> 01:27:27,519
Speaker 2: as opposed to just making television programs five Away from nine.

1946
01:27:27,720 --> 01:27:32,720
Speaker 1: Trending now with Chemist Wells, keeping Kiwi's healthy all year round.

1947
01:27:32,880 --> 01:27:36,799
Speaker 2: Marjorie Taylor Greene, speaking at the Turning Point Action Conference

1948
01:27:36,920 --> 01:27:40,240
Speaker 2: and bragging that she was in bold in helping organize

1949
01:27:40,320 --> 01:27:41,120
Speaker 2: Jan six.

1950
01:27:41,120 --> 01:27:46,400
Speaker 20: Homers is where the real civil war in this country's starting.

1951
01:27:47,880 --> 01:27:53,160
Speaker 20: They stole the election. They stole it as the press Georgia.

1952
01:27:53,720 --> 01:27:58,080
Speaker 20: I knew Georgia voted for Don John Trump. I knew it,

1953
01:27:58,800 --> 01:28:01,760
Speaker 20: and so I'm of some of my friends. I called

1954
01:28:01,800 --> 01:28:04,200
Speaker 20: up Jiff Jordan, I called up Matt Gates, I called

1955
01:28:04,280 --> 01:28:07,760
Speaker 20: up for others. And then I found out that as

1956
01:28:07,840 --> 01:28:12,639
Speaker 20: a member of Congress, I can object to electoral college votes.

1957
01:28:12,960 --> 01:28:16,000
Speaker 20: I called Senators and have them to object with us.

1958
01:28:16,040 --> 01:28:18,720
Speaker 20: On January sixth. I worked diligently on.

1959
01:28:18,800 --> 01:28:20,280
Speaker 22: That, and I'm very proud of it.

1960
01:28:21,080 --> 01:28:24,080
Speaker 20: I'm proud that I objected the Joe Biden's electoral college

1961
01:28:24,120 --> 01:28:25,599
Speaker 20: fight from January six.

1962
01:28:26,960 --> 01:28:29,320
Speaker 2: The problem with that is you might have the old

1963
01:28:29,400 --> 01:28:32,880
Speaker 2: lawyer gain. Of course, certainly the Dems are now saying

1964
01:28:32,920 --> 01:28:36,000
Speaker 2: that the Department of Justice DJ should be involved in.

1965
01:28:36,280 --> 01:28:36,640
Speaker 3: All of that.

1966
01:28:37,479 --> 01:28:39,839
Speaker 2: Looking forward to about how do you reckon? The debate's

1967
01:28:39,880 --> 01:28:43,120
Speaker 2: gonna go? And it's only winters that June I want

1968
01:28:43,120 --> 01:28:44,880
Speaker 2: to say's June twenty seven. I want to say twenty

1969
01:28:44,920 --> 01:28:49,960
Speaker 2: seven for some particular reason. Twenty seven it is no

1970
01:28:50,200 --> 01:28:54,720
Speaker 2: Mike's when you're not talking. So I don't know whether

1971
01:28:54,720 --> 01:28:56,880
Speaker 2: it's going to be a bust up or but she's

1972
01:28:57,720 --> 01:28:59,760
Speaker 2: it's gonna be worth watching, though, Is it gonna be

1973
01:28:59,760 --> 01:29:01,120
Speaker 2: one of the high rating programs to the day. I

1974
01:29:01,160 --> 01:29:03,960
Speaker 2: suspected as spec Tomorrow morning, Friday morning, already six am

1975
01:29:04,080 --> 01:29:05,800
Speaker 2: for the Mic Hosking Breakfast. Look forward to your company,

1976
01:29:05,840 --> 01:29:06,760
Speaker 2: It's always happy days.

1977
01:29:14,240 --> 01:29:17,120
Speaker 1: For more from the mic Asking Breakfast, listen live to

1978
01:29:17,280 --> 01:29:20,280
Speaker 1: News Talks it' B from six am weekdays, or follow

1979
01:29:20,360 --> 01:29:21,880
Speaker 1: the podcast on iHeartRadio