1 00:00:00,160 --> 00:00:04,480 Speaker 1: It's your source of freaking news, challenging opinion and honored facts. 2 00:00:04,800 --> 00:00:09,760 Speaker 1: The Mike Hosking Breakfast with Veda, Retirement Communities, Life Your 3 00:00:09,800 --> 00:00:11,160 Speaker 1: Way News, togs Head been. 4 00:00:11,160 --> 00:00:13,240 Speaker 2: Wedding him Welcome today. Banks come to the party to 5 00:00:13,280 --> 00:00:15,440 Speaker 2: make it easier for some first home buyers. We got 6 00:00:15,440 --> 00:00:17,279 Speaker 2: a new bill to make it easier potentially to buy 7 00:00:17,280 --> 00:00:19,440 Speaker 2: a farm. We've got new stats around how many kids 8 00:00:19,480 --> 00:00:22,560 Speaker 2: are getting educated these days from home. The PM is 9 00:00:22,600 --> 00:00:25,360 Speaker 2: in fresh from the week of cast distribution leading up 10 00:00:25,400 --> 00:00:27,159 Speaker 2: to the budget. The lads and the commentary box up 11 00:00:27,200 --> 00:00:29,840 Speaker 2: for rape. Richard arm Steve Price, they're part of it 12 00:00:29,920 --> 00:00:32,560 Speaker 2: all as well, pasking welcome to a new week. Seven 13 00:00:32,600 --> 00:00:34,879 Speaker 2: past six. The money market didn't seem to indicate that 14 00:00:34,880 --> 00:00:36,559 Speaker 2: the Dolphins were in with the chance. They were not 15 00:00:36,600 --> 00:00:39,280 Speaker 2: the favorites, but they weren't paying crazy money either, and 16 00:00:39,320 --> 00:00:41,199 Speaker 2: so it turned out to be I suppose reminding us 17 00:00:41,200 --> 00:00:43,240 Speaker 2: the old saying that you need to follow the money 18 00:00:43,240 --> 00:00:44,920 Speaker 2: that tends to be right. Although for most of the 19 00:00:44,920 --> 00:00:46,800 Speaker 2: game there was little doubt that we were the better side. 20 00:00:46,840 --> 00:00:49,320 Speaker 2: Of course, not a lot of points for most of it, 21 00:00:49,360 --> 00:00:52,520 Speaker 2: but as the commentator said at one stage, an enthralling game, 22 00:00:52,560 --> 00:00:55,440 Speaker 2: and I thought he was probably right. Fisher Harris is awesome, 23 00:00:55,440 --> 00:00:57,480 Speaker 2: but to e vasishek also back in the side, didn't 24 00:00:57,480 --> 00:00:59,880 Speaker 2: seem to make the impact you might have hoped for. Really, 25 00:01:00,000 --> 00:01:02,760 Speaker 2: it was all over until the Dotin started scoring in 26 00:01:02,800 --> 00:01:06,839 Speaker 2: a Warriors of Old kind of way. One try, that's 27 00:01:06,880 --> 00:01:09,160 Speaker 2: nothing too, try a bit of a sniff, and then 28 00:01:09,160 --> 00:01:10,720 Speaker 2: all of a sudden they were back. But the biggest 29 00:01:10,720 --> 00:01:13,120 Speaker 2: opponent was no longer US, but the clock, and they 30 00:01:13,200 --> 00:01:15,600 Speaker 2: ran out of time. They called it a nail bitter. 31 00:01:15,840 --> 00:01:18,080 Speaker 2: I suppose it was, but I didn't really have any doubt. 32 00:01:18,120 --> 00:01:20,440 Speaker 2: And what's interesting now if you look at the table, 33 00:01:20,720 --> 00:01:22,840 Speaker 2: is there's quite the gap between the top two or 34 00:01:22,840 --> 00:01:24,760 Speaker 2: three and the rest of the competition. The Bulldogs won, 35 00:01:24,800 --> 00:01:26,880 Speaker 2: and they won well in a thriller, so the gap 36 00:01:26,920 --> 00:01:28,760 Speaker 2: between them and US remains a couple of points. But 37 00:01:28,800 --> 00:01:31,080 Speaker 2: the gap between US and the include the Raiders if 38 00:01:31,120 --> 00:01:33,279 Speaker 2: you like, and the rest of the field. It's multi game. 39 00:01:33,840 --> 00:01:36,360 Speaker 2: I mean, what's normally a raizer thin points, ladders looking 40 00:01:36,400 --> 00:01:38,800 Speaker 2: like a couple of really high quality teams, and the 41 00:01:38,840 --> 00:01:41,080 Speaker 2: rest are languishing trying to work out how to match US. 42 00:01:41,720 --> 00:01:44,640 Speaker 2: If things continue, then Week twenty three is the one 43 00:01:44,640 --> 00:01:47,000 Speaker 2: to look out for Week twenty three. It's going to 44 00:01:47,040 --> 00:01:49,040 Speaker 2: be one for the ages, the Bulldogs via the Warrior's 45 00:01:49,040 --> 00:01:51,120 Speaker 2: House sold outs. That can to be, But for now 46 00:01:51,480 --> 00:01:54,080 Speaker 2: we march on. As always, you can find things to 47 00:01:54,080 --> 00:01:56,760 Speaker 2: work on. I guess should we have leaked those final points? 48 00:01:56,760 --> 00:01:58,960 Speaker 2: Should it have been that close? Should Fisher Harris have 49 00:01:59,000 --> 00:02:02,480 Speaker 2: been sent off and left with twelve? But also, as always, 50 00:02:02,480 --> 00:02:05,360 Speaker 2: what counts as the result, and we won. We won again. 51 00:02:05,880 --> 00:02:10,320 Speaker 2: We keep winning. We really are really, really good and 52 00:02:10,360 --> 00:02:13,520 Speaker 2: it's a thrill to watch. And yes, as each week passes, 53 00:02:13,520 --> 00:02:16,359 Speaker 2: it looks more and more like this is our year. 54 00:02:22,160 --> 00:02:23,800 Speaker 3: Who news of. 55 00:02:23,840 --> 00:02:26,200 Speaker 1: The world in ninety seconds. 56 00:02:26,240 --> 00:02:27,880 Speaker 2: And the good of gathered in Rome for the new 57 00:02:27,919 --> 00:02:29,559 Speaker 2: Pope's and augural mass. 58 00:02:29,600 --> 00:02:31,359 Speaker 3: Comes out to the laudial. 59 00:02:31,720 --> 00:02:35,000 Speaker 4: In this a time, we still see too much discord, 60 00:02:35,680 --> 00:02:39,640 Speaker 4: too many wounds caused by hatred, violence, prejudice, and an 61 00:02:39,680 --> 00:02:44,000 Speaker 4: economic system that exploits the Earth's resources and marginalizes the poorest. 62 00:02:44,160 --> 00:02:46,680 Speaker 2: US President hitting the phones tomorrow, he tells us to 63 00:02:46,720 --> 00:02:49,160 Speaker 2: at least have a crack and a bit of Ukrainian peace. Meantime, 64 00:02:49,200 --> 00:02:51,120 Speaker 2: back in Gazan, no sign of anything good. 65 00:02:51,120 --> 00:02:54,560 Speaker 5: In the Alamas, the area this morning where thirty six 66 00:02:55,240 --> 00:02:58,720 Speaker 5: people were killed in so called safe So it's difficult 67 00:02:58,720 --> 00:03:03,600 Speaker 5: to describe in words what's happening here. The constant sound 68 00:03:03,639 --> 00:03:05,520 Speaker 5: of bombardon and jets overhead. 69 00:03:05,760 --> 00:03:07,720 Speaker 2: Then from the EU they're and talks with the British 70 00:03:07,760 --> 00:03:10,520 Speaker 2: liber at post bricks sort of deal that although it 71 00:03:10,600 --> 00:03:12,959 Speaker 2: looks a lot like pre bricks, it isn't. 72 00:03:12,840 --> 00:03:15,320 Speaker 6: You want to emerge with a deal. As I say that, 73 00:03:15,360 --> 00:03:18,360 Speaker 6: we can say it makes our borders more secures, bringing 74 00:03:18,520 --> 00:03:21,560 Speaker 6: is good for jobs and growth, and he's bringing people's 75 00:03:21,600 --> 00:03:23,959 Speaker 6: household bills down. That is what is in our national 76 00:03:24,000 --> 00:03:26,320 Speaker 6: interests and that's what we'll continue to do over these 77 00:03:26,400 --> 00:03:27,240 Speaker 6: final few hours. 78 00:03:27,600 --> 00:03:28,560 Speaker 2: Tory is not convinced. 79 00:03:28,760 --> 00:03:30,840 Speaker 7: We may well be looking at a scheme which allows 80 00:03:31,160 --> 00:03:34,440 Speaker 7: thirty year olds to come over and claim access to 81 00:03:34,600 --> 00:03:37,480 Speaker 7: the NHS on day one, to claim benefits on day one, 82 00:03:37,720 --> 00:03:39,680 Speaker 7: to bring their extended families. 83 00:03:39,560 --> 00:03:42,640 Speaker 2: More detail over the weekend, yet again reinforcing the fact 84 00:03:42,640 --> 00:03:45,000 Speaker 2: that Biden didn't have a clue what was going on 85 00:03:45,040 --> 00:03:45,840 Speaker 2: when he reigned the place. 86 00:03:46,320 --> 00:03:53,720 Speaker 8: So this is I'm at this stage two thousand man. 87 00:03:57,280 --> 00:03:59,839 Speaker 2: Yeah. Then in New York we got the ship tall 88 00:03:59,880 --> 00:04:03,400 Speaker 2: my really tall masts certainly taller than the bridge. It 89 00:04:03,440 --> 00:04:04,280 Speaker 2: all went to custard. 90 00:04:04,400 --> 00:04:06,640 Speaker 9: It felt like maybe that there was something wrong from 91 00:04:06,720 --> 00:04:08,800 Speaker 9: the moment they got out into the river and they 92 00:04:08,840 --> 00:04:11,200 Speaker 9: were fighting that and just kind of drifted very slowly 93 00:04:11,640 --> 00:04:13,680 Speaker 9: back towards the bridge. It was kind of like a 94 00:04:13,800 --> 00:04:15,240 Speaker 9: slow motion event. 95 00:04:15,320 --> 00:04:18,240 Speaker 2: Unfounded. Finally, a new study out of the UK's found 96 00:04:18,279 --> 00:04:21,200 Speaker 2: that semi colon use is in terminal decline and there 97 00:04:21,279 --> 00:04:24,480 Speaker 2: is fear that could be removed completely from grammar. The 98 00:04:24,560 --> 00:04:27,600 Speaker 2: usage has dropped by almost half in the last two decades, 99 00:04:27,640 --> 00:04:29,840 Speaker 2: as putting a semi colon in your workers seeing as 100 00:04:30,000 --> 00:04:32,680 Speaker 2: well being a bit snooty, while one author described it 101 00:04:32,720 --> 00:04:36,360 Speaker 2: as its incessant use as an embarrassment to families and friends. 102 00:04:36,560 --> 00:04:40,719 Speaker 2: For the record of semi colon indicja pause between two 103 00:04:40,720 --> 00:04:43,520 Speaker 2: main clauses, that is more pronounced than a comma, and 104 00:04:43,560 --> 00:04:47,080 Speaker 2: that as news of the world. In ninety Moodies, I 105 00:04:47,200 --> 00:04:49,000 Speaker 2: think I'm right in saying or check in a moment, 106 00:04:49,040 --> 00:04:50,800 Speaker 2: I think I'm right in saying the United States were 107 00:04:50,839 --> 00:04:53,039 Speaker 2: the last with the triple A credit rating. Moodies had 108 00:04:53,040 --> 00:04:54,599 Speaker 2: to look at that and said, not anymore, you're not. 109 00:04:55,200 --> 00:04:57,479 Speaker 2: We've gone double A one, So more on that in 110 00:04:57,480 --> 00:04:58,880 Speaker 2: the moment. Twelve past six. 111 00:05:00,520 --> 00:05:05,160 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio, how 112 00:05:05,240 --> 00:05:06,440 Speaker 1: of my News Talk SEPPI. 113 00:05:08,560 --> 00:05:10,840 Speaker 2: A lot of democracy going on this morning, and Romania 114 00:05:10,920 --> 00:05:12,880 Speaker 2: poll in Portugal or come back to most of them 115 00:05:12,880 --> 00:05:15,880 Speaker 2: in a moment. But the exit polls just had the 116 00:05:16,000 --> 00:05:19,559 Speaker 2: Romanian situation's fascinating. This is the runoff for the presidential race. 117 00:05:20,080 --> 00:05:22,440 Speaker 2: The guy Simmyon who won last time the first run 118 00:05:22,480 --> 00:05:24,360 Speaker 2: didn't get the fifty percent, so we've got the runoff, 119 00:05:24,400 --> 00:05:26,200 Speaker 2: and the runoff is with the book arrest mayor guy 120 00:05:26,240 --> 00:05:30,320 Speaker 2: called Dan Nikasaw, Dan versus George Simmons. Simeon's off the 121 00:05:30,320 --> 00:05:34,520 Speaker 2: far right. Dan's winning. First exit poll turnout high at 122 00:05:34,600 --> 00:05:37,120 Speaker 2: sixty five percent, So Dan's got fifty five percent to 123 00:05:37,360 --> 00:05:41,200 Speaker 2: forty five. So one guess is that's over. Fifteen past 124 00:05:41,200 --> 00:05:45,360 Speaker 2: six from Joy my Wealth Andrew Callah, very good morning, 125 00:05:45,720 --> 00:05:47,719 Speaker 2: you got morning, Mic. So the good news, let's start 126 00:05:47,760 --> 00:05:50,560 Speaker 2: with the good news manufacturing as opposed to consumer confidence, 127 00:05:50,839 --> 00:05:52,520 Speaker 2: which isn't up. Manufacturing is up. 128 00:05:53,040 --> 00:05:55,760 Speaker 10: It is, Hey, before we do that, though, fifteen dollars 129 00:05:55,920 --> 00:05:57,720 Speaker 10: that's what the Warriors are paying to win the whole 130 00:05:57,720 --> 00:06:01,320 Speaker 10: thing fifteen bucks, Panthers. 131 00:06:01,040 --> 00:06:04,280 Speaker 11: Bulldogs and stormer in front of them. What do you reckon? 132 00:06:04,320 --> 00:06:05,320 Speaker 2: What are the bulldogs paying? 133 00:06:06,560 --> 00:06:09,000 Speaker 11: Not sure I think, but they're all about they're all less. 134 00:06:08,880 --> 00:06:12,839 Speaker 2: Fifteen not bad, not bad. With a shout Andrew. 135 00:06:13,560 --> 00:06:14,960 Speaker 11: Anyway, let's talk manufacturing. 136 00:06:15,320 --> 00:06:17,280 Speaker 10: Yeah, this is also going to start the week on 137 00:06:17,320 --> 00:06:19,240 Speaker 10: a positive note because last week we had some sort 138 00:06:19,279 --> 00:06:21,560 Speaker 10: of softish starter like things like cards. 139 00:06:21,279 --> 00:06:23,000 Speaker 11: Spending that was a bit weaker than we thought. 140 00:06:23,400 --> 00:06:25,680 Speaker 10: So we've got the green shoots that we're not really 141 00:06:25,720 --> 00:06:28,200 Speaker 10: following through with the spending. There was a number of 142 00:06:28,360 --> 00:06:31,800 Speaker 10: companies who've been commenting on week discretionary spending, migration was 143 00:06:31,800 --> 00:06:34,400 Speaker 10: a bit soggy than we thought. And then Fletcher Building 144 00:06:34,400 --> 00:06:35,800 Speaker 10: that they're restructure at the end of the week, and 145 00:06:35,839 --> 00:06:37,640 Speaker 10: in their comments they said there is a lack of 146 00:06:37,680 --> 00:06:41,000 Speaker 10: any material momentum in the recovery of New Zealand's economy. 147 00:06:41,040 --> 00:06:42,479 Speaker 10: So that was a little bit of a downer, But 148 00:06:42,600 --> 00:06:45,080 Speaker 10: manufacturing's not. I mean a year ago it was looking 149 00:06:45,080 --> 00:06:46,880 Speaker 10: pretty sick. But if we look at the Business New 150 00:06:46,960 --> 00:06:50,000 Speaker 10: Zealand B and Z performance of manufacturing, they headline number 151 00:06:50,000 --> 00:06:52,960 Speaker 10: fifty three point nine up point seven of a point. 152 00:06:53,200 --> 00:06:57,120 Speaker 10: That is an uptick in an already expanding sector. So 153 00:06:57,160 --> 00:06:59,320 Speaker 10: you've got four months in a row of expansion. And 154 00:06:59,360 --> 00:07:02,440 Speaker 10: then I look into the subcategories production, new orders, employment, 155 00:07:02,800 --> 00:07:04,000 Speaker 10: all in positive territory. 156 00:07:04,000 --> 00:07:05,000 Speaker 11: As I said, a year. 157 00:07:04,839 --> 00:07:07,640 Speaker 10: Ago or not even a year ago. Last June, this 158 00:07:07,760 --> 00:07:10,480 Speaker 10: index at at forty one point four, So we've got 159 00:07:10,480 --> 00:07:15,560 Speaker 10: a really good indication that there is a manufacturing recovery. 160 00:07:15,560 --> 00:07:16,520 Speaker 11: We can't ignore that. 161 00:07:17,440 --> 00:07:19,120 Speaker 10: I sort of tend to agree with a bit of 162 00:07:19,120 --> 00:07:21,840 Speaker 10: a view out there that there's an underlying issue now 163 00:07:21,920 --> 00:07:24,720 Speaker 10: is whether we can sort of sustain these little pockets 164 00:07:24,760 --> 00:07:27,640 Speaker 10: of momentum that we do have. You know, agri looks 165 00:07:27,720 --> 00:07:31,560 Speaker 10: good and manufacturers looking good. But Mike, I think global 166 00:07:31,560 --> 00:07:34,480 Speaker 10: events do seem to potentially play a big role in 167 00:07:34,520 --> 00:07:36,440 Speaker 10: that whether or not we can keep that momentum going 168 00:07:36,480 --> 00:07:39,239 Speaker 10: because we've got you know, you've got the concerns around 169 00:07:39,240 --> 00:07:42,280 Speaker 10: the US recession, got concerns around the impact of global 170 00:07:42,480 --> 00:07:43,480 Speaker 10: trade tariffs and. 171 00:07:43,480 --> 00:07:46,880 Speaker 11: Not but on an international comparison, we look good. 172 00:07:47,160 --> 00:07:50,720 Speaker 10: JP Morgan global manufacturing PMI is at forty. 173 00:07:50,480 --> 00:07:51,320 Speaker 12: Nine point one. 174 00:07:51,560 --> 00:07:55,320 Speaker 10: Now, admittedly, the global sort of tariff uncertainty that'll be 175 00:07:55,360 --> 00:07:58,440 Speaker 10: impacting these larger manufacturing economies to a fire great extent 176 00:07:58,480 --> 00:08:01,800 Speaker 10: than US, but fifty three point nine we're looking pretty 177 00:08:01,840 --> 00:08:03,960 Speaker 10: good on a global comparison at the moment. 178 00:08:04,040 --> 00:08:07,840 Speaker 2: Yeah, I reckon. Now, these inflation expectations up, so that's bad. 179 00:08:07,960 --> 00:08:10,560 Speaker 2: But within the band, So does that negate that or not? 180 00:08:11,600 --> 00:08:13,480 Speaker 11: Well, I think there will be. This is potentially a 181 00:08:13,520 --> 00:08:15,360 Speaker 11: little bit of concern for the rbn Z. 182 00:08:15,600 --> 00:08:19,840 Speaker 10: So on Friday, the RBNZ release there may survey of expectations, 183 00:08:20,040 --> 00:08:23,280 Speaker 10: and inflation expectations have picked up right across the all 184 00:08:23,320 --> 00:08:26,800 Speaker 10: of the time horizons, so specifically, one year has gone 185 00:08:26,840 --> 00:08:29,440 Speaker 10: from two point one five to two point four one, 186 00:08:29,880 --> 00:08:31,640 Speaker 10: two years has gone from two point oh six to 187 00:08:31,680 --> 00:08:34,200 Speaker 10: two point twenty nine. So you're right, they're not massive moves, 188 00:08:34,480 --> 00:08:36,640 Speaker 10: still in the one to three percent band, but they're 189 00:08:36,640 --> 00:08:39,400 Speaker 10: sort of heading the wrong way in the year's time. 190 00:08:39,440 --> 00:08:41,720 Speaker 10: Respondents also expect the OCR to be at two point 191 00:08:41,800 --> 00:08:42,880 Speaker 10: nine one per cent of under three. 192 00:08:42,920 --> 00:08:45,199 Speaker 11: That seems reasonable. Look, it's just not. 193 00:08:45,200 --> 00:08:48,360 Speaker 10: A good sign that inflation expectations are lifting. I think 194 00:08:48,440 --> 00:08:52,480 Speaker 10: this will be noted by the rbn ZED Monetary Policy Committee. 195 00:08:52,559 --> 00:08:55,000 Speaker 11: They'll also have to weigh up what I was. 196 00:08:54,960 --> 00:08:57,840 Speaker 10: Talking about before the headlines the concerns around the tariff 197 00:08:58,000 --> 00:09:00,920 Speaker 10: global tariff landscape, and I think that will have played 198 00:09:00,960 --> 00:09:04,000 Speaker 10: on these responses. But Mike, you look at that selected 199 00:09:04,040 --> 00:09:07,680 Speaker 10: price and those selective price indexers last week, those outcomes 200 00:09:07,679 --> 00:09:10,680 Speaker 10: there suggest that inflation will creep up this year. It'll 201 00:09:10,679 --> 00:09:12,720 Speaker 10: get into the high twos, it'll be closer to three. 202 00:09:13,120 --> 00:09:15,160 Speaker 10: And I think you, look, there is the chance that 203 00:09:15,640 --> 00:09:19,240 Speaker 10: this will elicit some caution on the OCI. Moves from 204 00:09:19,280 --> 00:09:21,240 Speaker 10: the abbey and said, the good thing, Mike is on 205 00:09:21,360 --> 00:09:23,520 Speaker 10: twenty eight to May next week, we'll get an answer 206 00:09:23,600 --> 00:09:24,920 Speaker 10: to this, or potentially. 207 00:09:24,480 --> 00:09:25,040 Speaker 11: Get an answer. 208 00:09:25,200 --> 00:09:27,600 Speaker 2: We will double A plus A yeah. 209 00:09:27,520 --> 00:09:28,199 Speaker 11: Yeah, very quickly. 210 00:09:28,320 --> 00:09:32,200 Speaker 10: US federal government credit rating A change seems dramatic, doesn't it. 211 00:09:32,240 --> 00:09:34,200 Speaker 10: But this is Moody going from triple A to double 212 00:09:34,200 --> 00:09:36,480 Speaker 10: A plus. But that just moves Moody in line with 213 00:09:36,559 --> 00:09:38,959 Speaker 10: the other credit agencies. I mean Fitch downgrade at the 214 00:09:39,040 --> 00:09:41,240 Speaker 10: US and twenty twenty three S and p of ben 215 00:09:41,280 --> 00:09:44,960 Speaker 10: there since twenty eleven. But the downgrade reflects the increase 216 00:09:45,040 --> 00:09:47,880 Speaker 10: over more than a decade in government debt interest and 217 00:09:48,000 --> 00:09:51,760 Speaker 10: payment ratios to levels that are significantly higher than similarly 218 00:09:51,800 --> 00:09:54,560 Speaker 10: rated sovereigns. Look, it's not it's not the end of 219 00:09:54,559 --> 00:09:56,760 Speaker 10: the world, but it is sort of a pointer that 220 00:09:56,840 --> 00:09:59,080 Speaker 10: they've got to do something about black deficit. 221 00:09:59,520 --> 00:10:03,400 Speaker 2: You can live beyond your means, no ever our numbers please. 222 00:10:03,760 --> 00:10:06,440 Speaker 10: Yeah, So a good week last week, a good week. 223 00:10:06,480 --> 00:10:10,120 Speaker 10: The recovery from sort of April the ninth continues. The 224 00:10:10,200 --> 00:10:12,800 Speaker 10: Dale Jones was up three hundred and thirty two points 225 00:10:13,160 --> 00:10:16,120 Speaker 10: forty two thousand, six hundred and fifty four. That's over 226 00:10:16,160 --> 00:10:18,240 Speaker 10: three cores of percent, The S and P five hundred 227 00:10:18,320 --> 00:10:21,400 Speaker 10: gain forty one, closing the week just under six thousand, 228 00:10:21,520 --> 00:10:24,360 Speaker 10: five nine five eight. That was up point seven percent, 229 00:10:24,679 --> 00:10:27,120 Speaker 10: and the Nasdak also up half a percent ninety eight 230 00:10:27,120 --> 00:10:30,880 Speaker 10: points nineteen thousand, two hundred and eleven forty one hundred 231 00:10:30,920 --> 00:10:33,360 Speaker 10: up point five nine percent eight six eighty four. The 232 00:10:33,440 --> 00:10:37,960 Speaker 10: nick Vich unchanged three seven seven five four. Shanghai composite 233 00:10:38,000 --> 00:10:41,360 Speaker 10: was down point four percent three three six seven. The 234 00:10:41,400 --> 00:10:44,640 Speaker 10: Aussie's gained point five six of a percent forty six 235 00:10:44,679 --> 00:10:46,600 Speaker 10: points eight three four to three on the A six 236 00:10:46,640 --> 00:10:49,440 Speaker 10: two hundred and then sex fifty actually fell to close 237 00:10:49,480 --> 00:10:52,200 Speaker 10: the week ninety four points point seven three percent four 238 00:10:52,240 --> 00:10:53,960 Speaker 10: twelve thousand, seven hundred and eighty six. 239 00:10:54,400 --> 00:10:55,280 Speaker 11: We're starting the week with. 240 00:10:55,280 --> 00:10:58,000 Speaker 10: Chemi dollar at point five eight seven seven against the 241 00:10:58,080 --> 00:11:01,040 Speaker 10: US point nine one four seven is ossie point five 242 00:11:01,080 --> 00:11:03,880 Speaker 10: to sixty five euro point four four one two pounds 243 00:11:03,920 --> 00:11:07,000 Speaker 10: eighty five point five in Japanese yen gold three thousand, 244 00:11:07,160 --> 00:11:09,719 Speaker 10: two hundred and four dollars and oil finished the week 245 00:11:09,800 --> 00:11:12,280 Speaker 10: last week at sixty five dollars and forty one cents. 246 00:11:12,320 --> 00:11:13,760 Speaker 2: Go well, have a good week and we'll catch up 247 00:11:13,760 --> 00:11:16,600 Speaker 2: next time. Andrew kellerhea jmiwealth dot co dot mzit. He's 248 00:11:16,600 --> 00:11:20,360 Speaker 2: off tasking week. Rischmont is the name you may or 249 00:11:20,400 --> 00:11:22,400 Speaker 2: may not know, but it's an insight into luxury. They 250 00:11:22,440 --> 00:11:26,520 Speaker 2: own Cartier and not only Cartier, but Van Cleff and Uphell's. Anyway, 251 00:11:26,600 --> 00:11:28,640 Speaker 2: they're doing really well, so there's money out there to 252 00:11:28,640 --> 00:11:31,120 Speaker 2: be spent on luxury. It's the right sort of luxury. 253 00:11:31,160 --> 00:11:33,360 Speaker 2: Better than expected for the fourth quarter, revenues are up 254 00:11:33,400 --> 00:11:37,080 Speaker 2: seven percent. They pulled in five point one seven billion 255 00:11:37,360 --> 00:11:41,520 Speaker 2: euros worth of watches and jewelry six twenty one heard 256 00:11:41,600 --> 00:11:43,720 Speaker 2: News Talks there'd be next. 257 00:11:48,000 --> 00:11:52,520 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 258 00:11:52,520 --> 00:11:53,240 Speaker 1: by News Talks. 259 00:11:53,280 --> 00:11:58,040 Speaker 2: At b Portugal third general election in three years, so 260 00:11:58,160 --> 00:12:01,000 Speaker 2: place a bit of a mess, and they've got a 261 00:12:01,000 --> 00:12:04,280 Speaker 2: presidential race on. But then we've got Romania, which I 262 00:12:04,280 --> 00:12:06,079 Speaker 2: gave you the results of the exit poles just a 263 00:12:06,160 --> 00:12:09,800 Speaker 2: couple of moments ago. Simeon, who's coming a fairly distant second. 264 00:12:09,840 --> 00:12:13,600 Speaker 2: He's nine points behind. He's the Trump supporter. He doesn't 265 00:12:13,640 --> 00:12:15,840 Speaker 2: like the look of the exit poles, not doesn't like 266 00:12:15,880 --> 00:12:17,920 Speaker 2: the look of them at all. So he's rejecting them now. 267 00:12:18,600 --> 00:12:21,560 Speaker 2: So he's rejecting the exit poles. And he says, not 268 00:12:21,600 --> 00:12:23,760 Speaker 2: only is he rejecting the exit poles, he's gone, I'm 269 00:12:23,800 --> 00:12:26,640 Speaker 2: the new president. So he's declared himself for the winner, 270 00:12:27,280 --> 00:12:29,760 Speaker 2: and he insists his estimate to put him ahead by 271 00:12:29,800 --> 00:12:32,160 Speaker 2: some four hundred thousand bucks. So she's going to be 272 00:12:32,200 --> 00:12:35,440 Speaker 2: an interesting old day in Romania. Six twenty five. 273 00:12:35,559 --> 00:12:40,160 Speaker 1: Trending now quit chemist wareuse mayhem megasale on now. 274 00:12:40,320 --> 00:12:42,600 Speaker 2: Elton John not happy with the British government. So he's 275 00:12:42,600 --> 00:12:44,880 Speaker 2: on the BBC's Sunday program. He was asked about the 276 00:12:44,880 --> 00:12:48,360 Speaker 2: government's proposal to allow tech firms to use copyright protected 277 00:12:48,400 --> 00:12:49,400 Speaker 2: work without permission. 278 00:12:49,520 --> 00:12:52,920 Speaker 13: They be committing theft fevery on the highest scale. It's 279 00:12:52,960 --> 00:12:56,640 Speaker 13: criminal and I feel incredibly betrayed. The House of Lords 280 00:12:57,200 --> 00:12:58,840 Speaker 13: did a vote and it was more than two to 281 00:12:58,880 --> 00:13:01,280 Speaker 13: one in our favor. The government just looked at it 282 00:13:01,320 --> 00:13:03,680 Speaker 13: as if to say, well, the old people, you know, 283 00:13:03,720 --> 00:13:06,240 Speaker 13: the old people like me can afford it. Some people 284 00:13:06,280 --> 00:13:08,160 Speaker 13: aren't like me. They don't earn as much as I do, 285 00:13:08,240 --> 00:13:10,719 Speaker 13: but they when they're creative, and it comes from the 286 00:13:10,800 --> 00:13:14,080 Speaker 13: human soul and not a machine, because a machine isn't 287 00:13:14,080 --> 00:13:17,240 Speaker 13: capable of writing anything with any soul in it. If 288 00:13:17,240 --> 00:13:19,080 Speaker 13: you've got to get rid of that, and you're going 289 00:13:19,160 --> 00:13:22,440 Speaker 13: to rob young people of their legacy and their income, 290 00:13:22,920 --> 00:13:23,960 Speaker 13: it's a criminal offense. 291 00:13:24,000 --> 00:13:24,320 Speaker 2: I think. 292 00:13:24,360 --> 00:13:27,960 Speaker 13: I think the government are just being absolute losers, and 293 00:13:28,840 --> 00:13:31,000 Speaker 13: I'm very angry about it. I don't know who the 294 00:13:31,040 --> 00:13:34,160 Speaker 13: Tech Minister is. What's his name, Peter Kyle? Yeah, well 295 00:13:34,200 --> 00:13:35,160 Speaker 13: he's a bit of a morn. 296 00:13:35,320 --> 00:13:38,520 Speaker 2: Sorry, here we go. Very articulate. Its always been very articulate. 297 00:13:38,720 --> 00:13:40,680 Speaker 2: He's going to take them to court if they don't 298 00:13:40,800 --> 00:13:43,120 Speaker 2: change the plans, and good luck to him. Speaking of 299 00:13:43,160 --> 00:13:48,160 Speaker 2: the tick groc, which was invented by musk false claims 300 00:13:48,160 --> 00:13:51,400 Speaker 2: about white genocide in South Africa that was caused by humans, 301 00:13:52,120 --> 00:13:54,640 Speaker 2: underscores a key problem with AI chetbots don't believe the 302 00:13:54,679 --> 00:13:56,960 Speaker 2: word they say because they might be saying something that's 303 00:13:57,080 --> 00:13:59,520 Speaker 2: completely and utterly wrong. By the way, Trump's run into 304 00:13:59,559 --> 00:14:03,720 Speaker 2: trouble over the weekend. That eat the tariffs thing? Does 305 00:14:03,760 --> 00:14:05,960 Speaker 2: he think people are really stupid? So he says to 306 00:14:06,000 --> 00:14:08,480 Speaker 2: Walmart over the weekend, Walmart go, while we're gonna have 307 00:14:08,520 --> 00:14:09,760 Speaker 2: to pass on the price and we're gonna have to 308 00:14:09,760 --> 00:14:12,360 Speaker 2: put the price of stuff up. He goes, No, you 309 00:14:12,440 --> 00:14:15,480 Speaker 2: guys can eat the tariffs. What he originally told us, 310 00:14:15,520 --> 00:14:17,440 Speaker 2: of course, was that China was going to pay all this, 311 00:14:17,480 --> 00:14:19,720 Speaker 2: So China would pay for the tariffs, no worries at all, 312 00:14:19,760 --> 00:14:22,160 Speaker 2: and they'd bring in trillions and trillions and trillions of dollars. 313 00:14:22,600 --> 00:14:25,640 Speaker 2: We all know that tariffs are passed on. They passed 314 00:14:25,680 --> 00:14:28,960 Speaker 2: on from China to the retailer, and the retailer passes 315 00:14:29,040 --> 00:14:31,880 Speaker 2: them on to the consumer. And then suddenly Trump's running 316 00:14:31,920 --> 00:14:33,680 Speaker 2: the old will you can eat the traffs. Other thing 317 00:14:33,680 --> 00:14:36,120 Speaker 2: he ran into over the weekend was this big beautiful 318 00:14:36,160 --> 00:14:40,240 Speaker 2: tax bill failed, and he's got major troubles here because 319 00:14:40,360 --> 00:14:43,440 Speaker 2: five Republicans bailed on him, and he was tight at 320 00:14:43,440 --> 00:14:45,040 Speaker 2: the best of times. So I don't know. 321 00:14:45,000 --> 00:14:48,240 Speaker 12: Where this goes, but we'll get the update with Richard 322 00:14:48,280 --> 00:14:49,840 Speaker 12: Arnold Stateside in a couple of moments. 323 00:14:49,880 --> 00:14:52,120 Speaker 2: Meantime, the news is next. It's Monday morning on the 324 00:14:52,120 --> 00:14:58,320 Speaker 2: Mike Hoskin Bricks to your Homes five years dumb mill, 325 00:14:59,200 --> 00:15:00,640 Speaker 2: the news end. 326 00:15:00,840 --> 00:15:04,680 Speaker 1: The news makers, the Mi Hosking breakfast with the range 327 00:15:04,760 --> 00:15:08,320 Speaker 1: rover villa designed to intrigue and use togs dead. 328 00:15:08,200 --> 00:15:10,520 Speaker 2: B The Fan's economy contracted more than they thought, which 329 00:15:10,560 --> 00:15:12,480 Speaker 2: is never a good sign given they are they still 330 00:15:12,520 --> 00:15:14,440 Speaker 2: the third or are they now the fourth biggest economy 331 00:15:14,440 --> 00:15:15,480 Speaker 2: in the world. Anyway, it was bad. 332 00:15:15,560 --> 00:15:19,400 Speaker 12: You's twenty three minutes away from seven Richard Island, Stateside. 333 00:15:19,440 --> 00:15:22,720 Speaker 2: We've got a man named in the Palm Springs attack 334 00:15:22,800 --> 00:15:25,640 Speaker 2: that they call terror over the weekend, and of course 335 00:15:25,920 --> 00:15:28,080 Speaker 2: beyond gaing business of the tariffs, and we've got the 336 00:15:28,400 --> 00:15:30,200 Speaker 2: big beautiful bill and all sorts of things to cover 337 00:15:30,320 --> 00:15:33,360 Speaker 2: off as usual. Meantime, back here, some banks are coming 338 00:15:33,360 --> 00:15:35,560 Speaker 2: to the first time biased party rules are being relaxed 339 00:15:35,600 --> 00:15:37,960 Speaker 2: around borrowers using flatmates to pay the mortgage. Right, So 340 00:15:38,000 --> 00:15:41,040 Speaker 2: it used to be that you needed sign documentation from 341 00:15:41,160 --> 00:15:44,680 Speaker 2: the flatmate, but now a declaration of intent is all 342 00:15:44,760 --> 00:15:48,200 Speaker 2: that's needed now Resident economists at Opus Partners Ed mcnighters 343 00:15:48,200 --> 00:15:49,120 Speaker 2: will us d morning to you. 344 00:15:50,240 --> 00:15:50,920 Speaker 14: Good morning, Mike. 345 00:15:51,120 --> 00:15:53,760 Speaker 2: I'm assuming based on the idea that really you're not 346 00:15:53,840 --> 00:15:56,200 Speaker 2: going along to try and you know, rip off the 347 00:15:56,280 --> 00:15:58,520 Speaker 2: banks and lie to them, and that if you want 348 00:15:58,560 --> 00:16:00,320 Speaker 2: a mortgage, you'll get a mortgage in your disas to 349 00:16:00,360 --> 00:16:01,680 Speaker 2: pay it, and you're not going to be a fool 350 00:16:01,680 --> 00:16:02,000 Speaker 2: about it. 351 00:16:03,120 --> 00:16:05,480 Speaker 15: That's genuously the case, and I think it was a 352 00:16:05,520 --> 00:16:08,200 Speaker 15: bit tough. Previously we had to sign up a flatmate 353 00:16:08,280 --> 00:16:10,360 Speaker 15: before you even bought the flat because it's kind of 354 00:16:10,440 --> 00:16:12,520 Speaker 15: a cut before the horse kind of thing. So now 355 00:16:12,680 --> 00:16:14,920 Speaker 15: just saying hey, look I'm planning on getting a flat mat, 356 00:16:15,240 --> 00:16:17,000 Speaker 15: I'll do it once I buy the house, I think 357 00:16:17,040 --> 00:16:18,360 Speaker 15: that makes it much easier. 358 00:16:18,520 --> 00:16:20,520 Speaker 14: I did that myself when I've bought my first. 359 00:16:20,280 --> 00:16:22,720 Speaker 15: Home, rather than having to find the flatmate before you 360 00:16:22,720 --> 00:16:23,560 Speaker 15: actually bought the house. 361 00:16:23,920 --> 00:16:26,360 Speaker 2: Is the fragility of the arrangement a problem. I mean, 362 00:16:26,360 --> 00:16:28,480 Speaker 2: you've got the flatmate, then the flatmate moves out, and 363 00:16:28,520 --> 00:16:30,160 Speaker 2: then you've got to cover the difference between when the 364 00:16:30,200 --> 00:16:32,320 Speaker 2: old fund leaves and the new one arrives, et cetera. 365 00:16:33,640 --> 00:16:35,600 Speaker 15: Well, there's a lot of stress tests in the bank's 366 00:16:35,640 --> 00:16:38,720 Speaker 15: applications already. So if you go and get a mortgage today, 367 00:16:38,760 --> 00:16:41,600 Speaker 15: you'll probably pay about five percent interest rate, but the 368 00:16:41,680 --> 00:16:44,120 Speaker 15: banks are going to be stress testing you on about 369 00:16:44,240 --> 00:16:47,400 Speaker 15: seven percent already. There's quite a bit of fat and 370 00:16:47,520 --> 00:16:51,280 Speaker 15: the bank's mortgage application. So just trading a few of 371 00:16:51,320 --> 00:16:53,280 Speaker 15: the rules around flatmates, I don't think it's going to 372 00:16:53,320 --> 00:16:54,600 Speaker 15: make any of the banks fall over. 373 00:16:54,880 --> 00:16:57,440 Speaker 2: Does it make a big difference when you juxtapose it 374 00:16:57,520 --> 00:17:00,880 Speaker 2: with deposits, LVRSBT to income ratios. 375 00:17:00,520 --> 00:17:00,960 Speaker 12: And all of that. 376 00:17:02,240 --> 00:17:04,919 Speaker 15: It makes a difference, but perhaps not as much as 377 00:17:05,000 --> 00:17:07,240 Speaker 15: you might think. So rather than a silver bullet to 378 00:17:07,280 --> 00:17:09,440 Speaker 15: help first home buyers get into the market, I'm calling 379 00:17:09,520 --> 00:17:11,600 Speaker 15: this more of a maybe a brass bullet or a 380 00:17:11,720 --> 00:17:15,600 Speaker 15: tin bullet. But from an income perspective, if you've got 381 00:17:15,720 --> 00:17:18,919 Speaker 15: a flatmate in for two hundred bucks a week, it's 382 00:17:18,960 --> 00:17:21,560 Speaker 15: about an extra one hundred and thirty thousand dollars worth 383 00:17:21,600 --> 00:17:24,720 Speaker 15: of lending. Now, that's only from an income perspective, And 384 00:17:25,000 --> 00:17:27,399 Speaker 15: the reason I call it a brass bullet is because 385 00:17:27,560 --> 00:17:30,960 Speaker 15: usually it's deposit that holds first home buyers back. When 386 00:17:31,040 --> 00:17:33,720 Speaker 15: we look at first home buyers debt to income ratios, 387 00:17:33,800 --> 00:17:38,040 Speaker 15: compared to owner occupies, like other second home third home 388 00:17:38,119 --> 00:17:40,800 Speaker 15: buyers who are upgrading to bigger and bigger houses, those 389 00:17:40,880 --> 00:17:44,160 Speaker 15: people actually take on more debt compared to their incomes. 390 00:17:44,359 --> 00:17:46,760 Speaker 15: The first home buyers, it's the deposit holding them back. 391 00:17:47,240 --> 00:17:49,440 Speaker 2: Okay, how much of this driver is driving business for 392 00:17:49,480 --> 00:17:51,159 Speaker 2: the banks? In other words, they're saying, right, this is 393 00:17:51,160 --> 00:17:53,080 Speaker 2: an avenue for us in times that we can get 394 00:17:53,080 --> 00:17:54,080 Speaker 2: a bit of business through the door. 395 00:17:54,960 --> 00:17:57,120 Speaker 15: Well, this is a part of a general trend where 396 00:17:57,160 --> 00:17:59,200 Speaker 15: banks are competing on policy, and I think it's a 397 00:17:59,320 --> 00:18:02,360 Speaker 15: very good thing. Which is basically, if an Z has 398 00:18:02,400 --> 00:18:05,480 Speaker 15: such tight criteria that you can't get a mortgage through them, 399 00:18:05,760 --> 00:18:08,119 Speaker 15: but asb have loosened some things and you can actually 400 00:18:08,119 --> 00:18:11,160 Speaker 15: get a mortgage through them, well it doesn't matter who's 401 00:18:11,160 --> 00:18:13,440 Speaker 15: got the higher interest rate. If you're a first home buyer, 402 00:18:13,520 --> 00:18:16,239 Speaker 15: you're going to the bank that's actually going to give 403 00:18:16,280 --> 00:18:18,280 Speaker 15: you the mortgage. So I think this is a good thing. 404 00:18:18,320 --> 00:18:20,679 Speaker 15: We've also seen a little change in terms of interest 405 00:18:20,880 --> 00:18:23,840 Speaker 15: only mortgages out of am Z as well, so that's 406 00:18:23,880 --> 00:18:26,800 Speaker 15: going to be very good for investors. But this is 407 00:18:26,840 --> 00:18:29,199 Speaker 15: a trend we're seeing where banks are saying, other than 408 00:18:29,359 --> 00:18:30,400 Speaker 15: just dropping interest rates? 409 00:18:30,480 --> 00:18:32,960 Speaker 14: What else can we do to become the preferred bank 410 00:18:33,000 --> 00:18:33,600 Speaker 14: for borrowers? 411 00:18:33,840 --> 00:18:35,720 Speaker 2: What you read on the economic the moment are be 412 00:18:35,880 --> 00:18:37,920 Speaker 2: next week? On the cash rights are twenty five points? 413 00:18:37,960 --> 00:18:39,359 Speaker 2: What have you got neutral? 414 00:18:39,440 --> 00:18:41,919 Speaker 14: At neutral? 415 00:18:42,280 --> 00:18:44,480 Speaker 15: Two point seventy five percent? Is I think where we're 416 00:18:45,040 --> 00:18:46,520 Speaker 15: to end up? If I had to take a guest 417 00:18:46,560 --> 00:18:46,920 Speaker 15: for your. 418 00:18:46,840 --> 00:18:50,080 Speaker 2: Mic and is it bullish? Out there? Are people wanting money? 419 00:18:51,960 --> 00:18:54,919 Speaker 15: We're seeing a slow recovery. About seventy four thousand houses 420 00:18:54,960 --> 00:18:57,560 Speaker 15: sold over the last year. We're talking about the housing market. 421 00:18:57,840 --> 00:18:59,360 Speaker 15: We bottomed outed about. 422 00:18:59,200 --> 00:19:02,440 Speaker 14: Fifty thousand houses, so you know there's an. 423 00:19:02,400 --> 00:19:05,000 Speaker 15: Extra eighteen thousand houses selling compared to the bottom of 424 00:19:05,080 --> 00:19:07,920 Speaker 15: the market in twenty twenty three. But it's a slow recovery. 425 00:19:07,960 --> 00:19:09,840 Speaker 15: I think that's the same for the whole of the economy. 426 00:19:09,880 --> 00:19:13,480 Speaker 15: You're probably hearing it from people yourself, where people are nervous, 427 00:19:13,720 --> 00:19:16,360 Speaker 15: and I think it's the uncertainty that kills People's giving 428 00:19:16,400 --> 00:19:19,840 Speaker 15: an economics presentation to a board of a large industry 429 00:19:19,960 --> 00:19:22,920 Speaker 15: organization and they said to me, ed, it has never 430 00:19:23,119 --> 00:19:26,720 Speaker 15: felt so uncertain at the moment. How do we decide 431 00:19:26,880 --> 00:19:29,920 Speaker 15: whether to invest and grow our organization or not? When 432 00:19:29,960 --> 00:19:32,080 Speaker 15: we don't know what's going to happen next week when 433 00:19:32,119 --> 00:19:33,840 Speaker 15: the Reserve Bank makes their announcements. 434 00:19:34,440 --> 00:19:36,960 Speaker 2: Not a bad question. I appreciate of Ed mckknight, who's 435 00:19:37,240 --> 00:19:40,200 Speaker 2: resident economists at opu's partners. It is nineteen minutes away 436 00:19:40,240 --> 00:19:43,400 Speaker 2: from seven last speed, which we referenced it and didn't 437 00:19:43,400 --> 00:19:45,600 Speaker 2: give the numbers. The consumer sentiment side of the equation, 438 00:19:45,720 --> 00:19:49,200 Speaker 2: manufacturings on the up. That's encouraging consumer those still in 439 00:19:49,359 --> 00:19:53,400 Speaker 2: expansionary mode, but only just for April. We went from 440 00:19:53,560 --> 00:19:55,680 Speaker 2: fifty two to two down to fifty point eight. Fifty 441 00:19:55,720 --> 00:19:58,040 Speaker 2: plus is what you need to see. Second lowest reading 442 00:19:58,119 --> 00:20:01,639 Speaker 2: on record. Majority of the survey a completed on the 443 00:20:01,880 --> 00:20:04,680 Speaker 2: business of you know, all the China and deals in 444 00:20:04,720 --> 00:20:09,159 Speaker 2: the ninety day, et cetera. So just expansionary at fifty 445 00:20:09,240 --> 00:20:10,920 Speaker 2: point eight at the moment, eighteen to two. 446 00:20:12,920 --> 00:20:17,480 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered 447 00:20:17,560 --> 00:20:18,440 Speaker 1: by News Talk ZIP. 448 00:20:20,320 --> 00:20:23,000 Speaker 2: Just going back to Andrew Kellerher who raised the prospect 449 00:20:23,040 --> 00:20:26,159 Speaker 2: that the Warriors at fifteen bucks and he didn't have 450 00:20:26,200 --> 00:20:28,320 Speaker 2: the Bulldogs and the Storm number. The Bulldogs at four, 451 00:20:28,400 --> 00:20:30,280 Speaker 2: the Storm at three. I don't know why the Storm 452 00:20:30,280 --> 00:20:31,840 Speaker 2: are at three I get the Storm at good but 453 00:20:31,920 --> 00:20:34,639 Speaker 2: the Bulldogs are better anyway. The Bulldogs at four in 454 00:20:34,680 --> 00:20:37,840 Speaker 2: the Storm at three, the Warriors at fifteen. That's not 455 00:20:37,960 --> 00:20:40,399 Speaker 2: bad money, Mike. I got the Warriors at twenty One's 456 00:20:41,040 --> 00:20:43,600 Speaker 2: same price. I got Crystal Palace full back in January. 457 00:20:43,760 --> 00:20:46,200 Speaker 2: It's an omen world. I'm Glenn six forty. 458 00:20:46,000 --> 00:20:50,320 Speaker 1: Five International correspondence with ends an eye insurance, peace of 459 00:20:50,400 --> 00:20:51,680 Speaker 1: mind for New Zealand business. 460 00:20:51,800 --> 00:20:54,919 Speaker 2: Stay time, Richard Arlbery, Good morning, the good one. 461 00:20:54,920 --> 00:20:55,600 Speaker 8: Are you making now? 462 00:20:55,680 --> 00:20:58,600 Speaker 2: This big beautiful bill? Five short? Five Republicans bailed? So 463 00:20:58,680 --> 00:20:59,320 Speaker 2: what happens now? 464 00:21:01,240 --> 00:21:01,800 Speaker 14: Well and I go. 465 00:21:02,680 --> 00:21:05,280 Speaker 8: This is Trump facing some pretty strong headwinds after his 466 00:21:05,440 --> 00:21:09,680 Speaker 8: return from Limited East celebrations on his key legislative plan 467 00:21:10,160 --> 00:21:12,399 Speaker 8: revolved by this handful of members of his own party 468 00:21:12,480 --> 00:21:15,800 Speaker 8: blocked the advancement out of committee, a cause for locking 469 00:21:15,840 --> 00:21:18,560 Speaker 8: into place tax cunts, which mostly benefit the wealthy, although 470 00:21:18,560 --> 00:21:20,680 Speaker 8: it also calls for no taxes on tips, which was 471 00:21:20,720 --> 00:21:24,320 Speaker 8: a Trump campaign pledge. But to try and pay for 472 00:21:24,920 --> 00:21:27,800 Speaker 8: some of the tax cuts and increases in military and 473 00:21:27,800 --> 00:21:32,000 Speaker 8: immigration enforcement spending, they would seek to cut medical aid 474 00:21:32,320 --> 00:21:36,520 Speaker 8: and food for the poor, and clean energy initiatives, all 475 00:21:36,640 --> 00:21:39,440 Speaker 8: to bust the budget even further by another four or 476 00:21:39,520 --> 00:21:45,119 Speaker 8: five trillion, even as the Moody's Credit agency rating has 477 00:21:45,280 --> 00:21:47,960 Speaker 8: just been downgraded, taking the United States from the top 478 00:21:48,080 --> 00:21:50,880 Speaker 8: level to the first time. Amid fears over swing debt, 479 00:21:50,920 --> 00:21:54,760 Speaker 8: Scott Bussanti, Trump Treasury secretary, is dismissing that part of it. 480 00:21:54,880 --> 00:21:57,800 Speaker 14: I think that Moody's is a lagging indicator. I think 481 00:21:57,840 --> 00:21:59,880 Speaker 14: that's what everyone thinks of crediting. 482 00:22:00,359 --> 00:22:02,240 Speaker 8: Yeah, tell that to the bank next time you're going 483 00:22:02,359 --> 00:22:04,440 Speaker 8: for a loan. Right, So, even if they push for 484 00:22:04,720 --> 00:22:07,680 Speaker 8: a House vote and managed to get that through, there's 485 00:22:07,720 --> 00:22:09,640 Speaker 8: a long long way to go in this budget battle. 486 00:22:09,640 --> 00:22:12,800 Speaker 8: Republican Josh Hawley, who supported the Trump claim about stole 487 00:22:12,800 --> 00:22:15,200 Speaker 8: an election, says, on cutting healthcare. 488 00:22:14,960 --> 00:22:17,880 Speaker 12: It is wrong to cut healthcare for the working poor. 489 00:22:18,000 --> 00:22:19,560 Speaker 14: That's what we're talking about here with Medicaid. 490 00:22:19,800 --> 00:22:23,280 Speaker 8: Yeah, so he is clearly thinking about his own electric 491 00:22:23,800 --> 00:22:28,680 Speaker 8: and possible future elections. Republican Senator Rand Paul is among 492 00:22:28,720 --> 00:22:31,040 Speaker 8: several Republicans who say that that should be cut even 493 00:22:31,119 --> 00:22:34,679 Speaker 8: more than the Trump team is outlining, so somewhat more 494 00:22:34,760 --> 00:22:37,879 Speaker 8: cuts someone less. On the tariff front, Trump also is 495 00:22:38,240 --> 00:22:41,800 Speaker 8: slamming Walmart right now. Of course, is country's biggest retailer 496 00:22:41,880 --> 00:22:44,640 Speaker 8: for proposing price hikes on a lot of their products, 497 00:22:44,680 --> 00:22:47,480 Speaker 8: which are important because of the Trump tariffs. Trump says 498 00:22:47,520 --> 00:22:50,000 Speaker 8: Walmart made billions in profits last year, they should quote 499 00:22:50,000 --> 00:22:53,399 Speaker 8: eat the tariffs. Meantime, on foreign policy, Trump will have 500 00:22:53,560 --> 00:22:58,399 Speaker 8: separate calls tomorrow with the leaders of Russia and Ukraine. 501 00:22:58,400 --> 00:23:01,760 Speaker 8: He will speak separately with Olenskia with Putin. Trump's negotiator, 502 00:23:01,880 --> 00:23:05,199 Speaker 8: Steve Wikoff, is voicing confidence today red Trump his. 503 00:23:05,880 --> 00:23:07,960 Speaker 16: Sensibility or that he's got to get on the phone 504 00:23:08,000 --> 00:23:11,959 Speaker 16: with President Putin and that is going to clear up 505 00:23:12,040 --> 00:23:14,080 Speaker 16: some of the large jam and get us to the 506 00:23:14,160 --> 00:23:16,399 Speaker 16: place that we need to get to. And I think 507 00:23:16,440 --> 00:23:18,160 Speaker 16: it's going to be a very successful call. 508 00:23:18,720 --> 00:23:20,800 Speaker 8: Well, on the eve of what he suggests could be 509 00:23:20,960 --> 00:23:24,639 Speaker 8: a very successful call, Putin ordered another drone attack on Ukraine, 510 00:23:24,720 --> 00:23:27,440 Speaker 8: hitting a shuttle bus carrying civilians and killing at least 511 00:23:27,560 --> 00:23:30,680 Speaker 8: nine people. Later, so Zalenski says, the Russians could not 512 00:23:30,760 --> 00:23:32,880 Speaker 8: have failed to be aware of what kind of bus 513 00:23:33,359 --> 00:23:34,600 Speaker 8: they were hacking. 514 00:23:34,760 --> 00:23:36,560 Speaker 2: And we've got now Palm Springs, we got the name 515 00:23:36,600 --> 00:23:37,000 Speaker 2: of the blog. 516 00:23:38,240 --> 00:23:38,440 Speaker 3: Yeah. 517 00:23:38,720 --> 00:23:40,800 Speaker 8: The FBI has just given an on scene briefing about 518 00:23:40,800 --> 00:23:43,800 Speaker 8: this car bomb attack on a fertility clinic there. They've 519 00:23:43,840 --> 00:23:46,359 Speaker 8: named the bomber as twenty five year old Guy Bartkis, 520 00:23:46,400 --> 00:23:49,119 Speaker 8: who died in the blast. They are searching his family 521 00:23:49,240 --> 00:23:51,720 Speaker 8: home right now and it's about an hour from the scene. 522 00:23:52,000 --> 00:23:54,439 Speaker 8: They say this was a terrorist assault and a massive attack, 523 00:23:54,480 --> 00:23:56,399 Speaker 8: says the FBI's Acculled Davis. 524 00:23:56,560 --> 00:23:58,760 Speaker 9: This is probably the largest bombing scene that we've had 525 00:23:58,960 --> 00:24:00,320 Speaker 9: in southern California. 526 00:24:00,119 --> 00:24:02,159 Speaker 8: So putting it in that perspective, he says, there is 527 00:24:02,200 --> 00:24:05,399 Speaker 8: debris covering blocks, and the front part of the in 528 00:24:05,520 --> 00:24:09,400 Speaker 8: vitro clinic, as many will have seen, was completely demolished. Fortunately, 529 00:24:09,880 --> 00:24:13,080 Speaker 8: no one in the clinic was killed, and says the FBI. 530 00:24:13,000 --> 00:24:16,320 Speaker 17: You're able to see all of the embryos at this facility. 531 00:24:17,359 --> 00:24:19,280 Speaker 9: Good guys, one, bad guys, zero. 532 00:24:19,240 --> 00:24:22,200 Speaker 8: Well, not entirely. Four people on the streets suffered minor 533 00:24:22,240 --> 00:24:24,160 Speaker 8: injuries in the blasts. Meantime, the FEDS are going through 534 00:24:24,200 --> 00:24:27,600 Speaker 8: what they say was a manifesto left by this bomber. 535 00:24:27,800 --> 00:24:30,480 Speaker 8: It ount lies what they describe as an anti natalist 536 00:24:30,560 --> 00:24:34,119 Speaker 8: ideology of beliefs that no one, no human should have children. 537 00:24:34,280 --> 00:24:35,439 Speaker 14: So bizarre. 538 00:24:35,600 --> 00:24:38,840 Speaker 2: All right, all right, might see Wednesday. Richard Arl state side, Mike, 539 00:24:38,880 --> 00:24:40,480 Speaker 2: please ask the big banks next time you get the 540 00:24:40,520 --> 00:24:42,520 Speaker 2: mon Wide and New Zealand mortgage holders play a higher 541 00:24:42,560 --> 00:24:45,800 Speaker 2: margin between the ocr and their loan than their Australian counterparts. 542 00:24:45,960 --> 00:24:48,679 Speaker 2: We've answered this many times on the program. I debate 543 00:24:49,359 --> 00:24:53,240 Speaker 2: whether the answers real. Part of the argument is because 544 00:24:53,359 --> 00:24:55,879 Speaker 2: the banks have to hold more money, and that's an 545 00:24:55,920 --> 00:24:58,760 Speaker 2: adriena or thing. More money for a rainy day, the 546 00:24:59,000 --> 00:25:00,840 Speaker 2: just in case money, and the more they hold, the 547 00:25:00,920 --> 00:25:03,840 Speaker 2: higher the margin. And the other argument of courses of 548 00:25:03,920 --> 00:25:07,280 Speaker 2: Australia's a twenty seven million person market. We're a five 549 00:25:07,440 --> 00:25:11,040 Speaker 2: million person market, and therefore you can have a bigger argument. 550 00:25:11,119 --> 00:25:14,080 Speaker 2: The government, the Commerce Commission would argue against it. But 551 00:25:14,560 --> 00:25:18,040 Speaker 2: it's an ongoing debate. As they say ten to seven, the. 552 00:25:18,200 --> 00:25:21,840 Speaker 1: Mic Hosking Breakfast with Bailey's Real Estate News Talks said, 553 00:25:21,880 --> 00:25:22,720 Speaker 1: be your Piece. 554 00:25:22,520 --> 00:25:25,720 Speaker 2: Are reported this morning about the hospo sector. I'm increasingly 555 00:25:25,800 --> 00:25:29,960 Speaker 2: over the hospo sector moaning, and I'm increasingly over bodies 556 00:25:30,040 --> 00:25:34,560 Speaker 2: that represent groups of the economy in their incessant whining 557 00:25:34,600 --> 00:25:37,280 Speaker 2: about how miserable life is now In some sectors, life 558 00:25:37,400 --> 00:25:39,280 Speaker 2: is tough. No one's going to argue that the cost 559 00:25:39,320 --> 00:25:41,440 Speaker 2: of living crisis hasn't had a lot of us in 560 00:25:41,520 --> 00:25:44,320 Speaker 2: this economy. I get all of that, but all you 561 00:25:44,400 --> 00:25:46,879 Speaker 2: ever hear from hospital is how dreadful it is, how 562 00:25:46,920 --> 00:25:50,480 Speaker 2: everyone's closing, and how none of it's any good. And 563 00:25:50,680 --> 00:25:54,320 Speaker 2: the reporters this morning is generally suggesting that really things 564 00:25:54,320 --> 00:25:55,800 Speaker 2: aren't as bad as they make it out. It's not 565 00:25:56,080 --> 00:25:59,960 Speaker 2: all doom and gloom. And this is specifically out of Wellington, 566 00:26:00,480 --> 00:26:02,360 Speaker 2: and some are tired of being the post a child 567 00:26:02,440 --> 00:26:04,800 Speaker 2: for a struggling capital city. So very well said. I've 568 00:26:04,840 --> 00:26:08,040 Speaker 2: got friends this person who's been quoted, he's in the 569 00:26:08,119 --> 00:26:10,840 Speaker 2: hospow industry. I have friends who are builders and plumbers 570 00:26:11,040 --> 00:26:13,320 Speaker 2: and those sectors feel way more hard hit than the 571 00:26:13,359 --> 00:26:15,920 Speaker 2: hospitality one. Well, that's anecdotal, isn't it. They may or 572 00:26:16,000 --> 00:26:19,840 Speaker 2: may not be. My increasing impression of the hospitality sector 573 00:26:19,880 --> 00:26:22,560 Speaker 2: in this country, and this is from personal experience and 574 00:26:22,960 --> 00:26:25,480 Speaker 2: the experience of francis you can do well, and it's 575 00:26:25,480 --> 00:26:27,480 Speaker 2: applicable to any sort of business and any sort of 576 00:26:27,520 --> 00:26:29,880 Speaker 2: sector in this economy. You can do well. But there's 577 00:26:29,880 --> 00:26:33,000 Speaker 2: a couple of key ingredients in things like hospo and 578 00:26:33,119 --> 00:26:35,920 Speaker 2: that is you need to be open and so this 579 00:26:36,080 --> 00:26:38,480 Speaker 2: long weekend business or closing the kitchen at two or 580 00:26:38,520 --> 00:26:40,879 Speaker 2: three o'clock, or we're not quite open on Sundays or 581 00:26:40,880 --> 00:26:42,720 Speaker 2: we're a bit tired on Mondays and all that sort 582 00:26:42,720 --> 00:26:45,040 Speaker 2: of stuff. Either open or date. And if you can't 583 00:26:45,080 --> 00:26:47,520 Speaker 2: be bothered, don't whine. Second of all, you need some 584 00:26:47,600 --> 00:26:49,119 Speaker 2: good staff. And to get good staff, you need to 585 00:26:49,160 --> 00:26:52,240 Speaker 2: pay people good money. Then you need to supply good product. 586 00:26:52,280 --> 00:26:54,119 Speaker 2: And all the places that we deal with and we 587 00:26:54,200 --> 00:26:56,480 Speaker 2: deal with a number of places on an ongoing and 588 00:26:56,640 --> 00:27:01,000 Speaker 2: regular basis in all forms of hospitality that's food gathering, 589 00:27:01,040 --> 00:27:03,359 Speaker 2: whether it be a cup of coffee or biscuits or 590 00:27:03,520 --> 00:27:06,320 Speaker 2: fruit and vegetables or whatever the case may be. We 591 00:27:06,520 --> 00:27:09,200 Speaker 2: have a series of people that we could recommend to 592 00:27:09,280 --> 00:27:11,480 Speaker 2: you that are the top of their game and they're 593 00:27:11,560 --> 00:27:14,440 Speaker 2: very good at what they do and they are thriving businesses. 594 00:27:14,560 --> 00:27:17,280 Speaker 2: So can you thrive if you are good at what 595 00:27:17,440 --> 00:27:21,119 Speaker 2: you do? Yes, you can. And in fact, further on 596 00:27:21,200 --> 00:27:24,359 Speaker 2: the HOSPO sector in Wellington, the number of operators in 597 00:27:24,400 --> 00:27:28,520 Speaker 2: Wellington is up three percent on last year, up twelve 598 00:27:28,640 --> 00:27:30,840 Speaker 2: percent on the past five years, so there are more 599 00:27:30,880 --> 00:27:32,760 Speaker 2: people in hospow You wouldn't hear that in the news. 600 00:27:32,800 --> 00:27:34,600 Speaker 2: Often would you five away from seven? 601 00:27:35,640 --> 00:27:38,879 Speaker 1: All the inns are the ouse, it's the biz with 602 00:27:39,160 --> 00:27:42,560 Speaker 1: business tiber take your business productivity to the next level. 603 00:27:42,640 --> 00:27:45,280 Speaker 2: Related matter state of the old SME market. This is 604 00:27:45,320 --> 00:27:48,480 Speaker 2: the Prosperous EME Sentiment Tracker report. Forty nine percent, so 605 00:27:48,560 --> 00:27:51,439 Speaker 2: we'll call that half lack confidence that the budget's going 606 00:27:51,480 --> 00:27:54,560 Speaker 2: to deliver a meaningful support for them on government support 607 00:27:54,640 --> 00:27:56,960 Speaker 2: twenty six percent, so they expect positive moves in the 608 00:27:56,960 --> 00:28:00,680 Speaker 2: budget for small business thirty seven percent don't. Forty percent 609 00:28:00,720 --> 00:28:03,280 Speaker 2: say the budget announcement, whatever it is, will have a 610 00:28:03,359 --> 00:28:06,639 Speaker 2: significant impact on their business success. When it comes to 611 00:28:06,680 --> 00:28:09,119 Speaker 2: the biggest differences, the government can help with tax reform. 612 00:28:09,520 --> 00:28:11,760 Speaker 2: That's at the top. Thirty nine percent say tax reform. 613 00:28:11,920 --> 00:28:14,240 Speaker 2: I don't know what that means. Is that less tax? 614 00:28:15,359 --> 00:28:17,840 Speaker 2: If it is, you'r well, I have I got bad 615 00:28:17,920 --> 00:28:19,399 Speaker 2: news view. I mean, I haven't seen the budget, but 616 00:28:19,400 --> 00:28:21,359 Speaker 2: I can tell you there's no tax relief coming. Twenty 617 00:28:21,400 --> 00:28:24,600 Speaker 2: two percent say government taxes at the highest cost. Twenty 618 00:28:24,680 --> 00:28:27,560 Speaker 2: five percent want to see more removal of bureaucratic red tape. 619 00:28:27,600 --> 00:28:30,760 Speaker 2: That's an age old favorite. Fifty seven percent, I've got 620 00:28:30,800 --> 00:28:35,159 Speaker 2: something slightly upbeaf. Fifty seven percent majority currently rate their 621 00:28:35,200 --> 00:28:38,440 Speaker 2: business as good or very good. Cash reserves a bit low, 622 00:28:38,640 --> 00:28:42,400 Speaker 2: aren't they? For everybody really fifty nine percent, so they've 623 00:28:42,440 --> 00:28:44,640 Speaker 2: got three months or less in cash reserves. Twenty two 624 00:28:44,680 --> 00:28:46,960 Speaker 2: percent say they're holding less than a month's reserves. Forty 625 00:28:47,000 --> 00:28:50,640 Speaker 2: three percent say next year's profits remain stable, thirty five 626 00:28:50,680 --> 00:28:53,640 Speaker 2: percent expecting an increase in profits. So that's not a 627 00:28:53,760 --> 00:28:57,120 Speaker 2: bad picture all things being considered, however, And that's exactly 628 00:28:57,200 --> 00:28:59,560 Speaker 2: what I was saying a moment ago. A lot of companies. 629 00:28:59,800 --> 00:29:02,040 Speaker 2: You look around the wider economy and everyone goes m 630 00:29:04,320 --> 00:29:06,200 Speaker 2: and then you go, what about your business? You know, actually, 631 00:29:06,280 --> 00:29:09,080 Speaker 2: yeah know, we're in pretty well funny ah, uncertainly with 632 00:29:09,200 --> 00:29:11,840 Speaker 2: the markets is rising those expecting an improvement dropping from 633 00:29:11,880 --> 00:29:14,560 Speaker 2: fifty five percent last year to forty four percent this year. 634 00:29:14,600 --> 00:29:16,840 Speaker 2: But that's psychological as well. You can convince yourself that 635 00:29:16,920 --> 00:29:18,640 Speaker 2: things aren't going to be any good, and whether they 636 00:29:18,680 --> 00:29:20,480 Speaker 2: are or not are two completely different things, right. So 637 00:29:20,640 --> 00:29:24,320 Speaker 2: the big money spray yesterday was on emergency healthcare. I 638 00:29:24,400 --> 00:29:26,400 Speaker 2: could bore you witless over our experience in the last 639 00:29:26,440 --> 00:29:28,320 Speaker 2: couple of weeks about the public hospital system, and I 640 00:29:28,360 --> 00:29:30,360 Speaker 2: can tell you exactly where the problems are and if I, 641 00:29:30,480 --> 00:29:32,280 Speaker 2: if I was in charge of it, I would blow 642 00:29:32,320 --> 00:29:34,720 Speaker 2: the whole damn thing up. Anyway, They think that having 643 00:29:34,800 --> 00:29:37,400 Speaker 2: some more emergency care is going to help. So we'll 644 00:29:37,400 --> 00:29:39,200 Speaker 2: crunch the numbers for you in just a couple of 645 00:29:39,280 --> 00:29:40,560 Speaker 2: moments after the news, which is. 646 00:29:40,600 --> 00:29:44,920 Speaker 1: Next the only report you need to start your day, 647 00:29:45,240 --> 00:29:48,960 Speaker 1: the my Casting Breakfast with Bailey's Real Estate, your local 648 00:29:49,040 --> 00:29:52,040 Speaker 1: experts across residential, commercial and rural news. 649 00:29:52,120 --> 00:29:54,280 Speaker 2: Togs Head be only seven past seven more pre budget 650 00:29:54,320 --> 00:29:56,040 Speaker 2: noise from the government, this time one hundred and sixty 651 00:29:56,080 --> 00:29:58,480 Speaker 2: four million oirever four years, which will buy five new 652 00:29:58,560 --> 00:30:01,440 Speaker 2: twenty four seven urgent healthcare services have ninety eight percent 653 00:30:01,440 --> 00:30:03,760 Speaker 2: of us within an hour of urgent care. Rural areas 654 00:30:03,800 --> 00:30:06,320 Speaker 2: will get round the clock on call support. The chief 655 00:30:06,360 --> 00:30:09,280 Speaker 2: executive of Rural Healthcare Network, doctor Grant Davidson's with us. 656 00:30:09,320 --> 00:30:12,200 Speaker 2: Grant Morning morning, Mike. Make you happy. 657 00:30:13,720 --> 00:30:16,120 Speaker 18: Yeah, we are happy that this is that high priority 658 00:30:16,160 --> 00:30:18,880 Speaker 18: area for us that's finally getting some attention. So that 659 00:30:19,080 --> 00:30:19,360 Speaker 18: is good. 660 00:30:19,760 --> 00:30:21,520 Speaker 2: Do we know what all this money buy? 661 00:30:21,640 --> 00:30:21,680 Speaker 16: Is? 662 00:30:21,720 --> 00:30:23,719 Speaker 2: All we ever get is numbers. We've got millions here 663 00:30:23,760 --> 00:30:26,480 Speaker 2: and millions over there. What's it buying, Is it value 664 00:30:26,520 --> 00:30:27,680 Speaker 2: for money? Does anyone know? 665 00:30:28,880 --> 00:30:32,000 Speaker 18: No, there's no detail released, and as we know, the 666 00:30:32,080 --> 00:30:34,720 Speaker 18: devil is always in the detail. So I've searched the 667 00:30:34,840 --> 00:30:37,240 Speaker 18: documents that are available, and all we can see is 668 00:30:37,320 --> 00:30:40,960 Speaker 18: we're going to get seventy improved rural urgent and after 669 00:30:41,080 --> 00:30:45,320 Speaker 18: ours services and no idea how much of that forty 670 00:30:45,360 --> 00:30:47,680 Speaker 18: one million a year will go to rural compared to 671 00:30:47,720 --> 00:30:49,520 Speaker 18: the urgent care clinics and urban areas. 672 00:30:49,720 --> 00:30:51,440 Speaker 2: Glad you said that, because I looked for the same thing, 673 00:30:51,480 --> 00:30:55,640 Speaker 2: couldn't find it. So are we desperate for better service 674 00:30:55,800 --> 00:30:57,600 Speaker 2: in the rural communities of New Zealand? 675 00:30:58,680 --> 00:31:03,520 Speaker 18: We are absolutely this for the animal mortality rate and 676 00:31:03,600 --> 00:31:06,680 Speaker 18: rural is two times that of urban and that's one 677 00:31:06,720 --> 00:31:10,440 Speaker 18: of the key indicators. I guess minimal mortality is those 678 00:31:12,080 --> 00:31:15,840 Speaker 18: deaths that could be prevented by early intervention. So we've 679 00:31:15,880 --> 00:31:17,040 Speaker 18: got a major problem. 680 00:31:17,120 --> 00:31:20,440 Speaker 2: Reality versus theory. So if we all want a tertiary 681 00:31:20,520 --> 00:31:24,160 Speaker 2: hospital around the corner versus this is a small country 682 00:31:24,240 --> 00:31:28,040 Speaker 2: and it's difficult geographically. So let's be real. How far 683 00:31:28,200 --> 00:31:28,760 Speaker 2: short are we? 684 00:31:30,200 --> 00:31:33,000 Speaker 18: Oh we're a long way sure, but we're reality is 685 00:31:33,080 --> 00:31:34,959 Speaker 18: never going to get that. But what we do need 686 00:31:35,160 --> 00:31:38,520 Speaker 18: is if you want, if you need urgent here in 687 00:31:38,720 --> 00:31:42,080 Speaker 18: a rural area, those rural people expect to drive, you know, 688 00:31:42,240 --> 00:31:45,800 Speaker 18: some distance, but then they need someone there who has 689 00:31:45,920 --> 00:31:49,480 Speaker 18: hands on and can help them. And that's what we're 690 00:31:49,560 --> 00:31:54,160 Speaker 18: hoping to get through improved funding for those clinics. 691 00:31:54,440 --> 00:31:57,280 Speaker 2: Big issue is the staff. Are you hopeful on that? 692 00:31:57,600 --> 00:31:59,680 Speaker 2: I mean where do they come from? Overseas? On as humor? 693 00:32:01,400 --> 00:32:06,560 Speaker 18: Over fifty percent of the rural GPS, for example, internationally trained. 694 00:32:06,680 --> 00:32:11,480 Speaker 18: That's right, So starfing. There's a strange comment in the 695 00:32:11,720 --> 00:32:14,640 Speaker 18: press release going out the Health New Zealand star thing 696 00:32:14,720 --> 00:32:16,800 Speaker 18: has never been better. Well you'd have to ask that 697 00:32:17,280 --> 00:32:20,720 Speaker 18: then that but in terms of primary care, it's never 698 00:32:20,800 --> 00:32:24,000 Speaker 18: been worse. So starfing isn't Is she okay? 699 00:32:24,040 --> 00:32:26,880 Speaker 2: Grunt appreciate it. Grant Davidson, who's the chief executive Rural 700 00:32:26,960 --> 00:32:29,280 Speaker 2: Health Network, will we probably will touch on this with 701 00:32:29,360 --> 00:32:31,200 Speaker 2: the Prime Minister when you joined us after seven thirty 702 00:32:31,240 --> 00:32:33,680 Speaker 2: this morning, coming up to ten past seven, asking a 703 00:32:33,720 --> 00:32:36,640 Speaker 2: new idea for Kiwisaber and the rural community. A member's 704 00:32:36,680 --> 00:32:38,560 Speaker 2: bill will look to adjust the rules around keyy saver 705 00:32:38,720 --> 00:32:40,320 Speaker 2: so that you can use it to buy a farm. 706 00:32:40,600 --> 00:32:42,840 Speaker 2: It would also let the likes of defense force personnel 707 00:32:42,880 --> 00:32:44,760 Speaker 2: get access to a first time. Now the national MP 708 00:32:44,920 --> 00:32:48,040 Speaker 2: for Ringer tiquis Sus Redmond or Redmain is behind the 709 00:32:48,080 --> 00:32:51,360 Speaker 2: bill and is with a Sue's morning to you, good morning, March. 710 00:32:51,560 --> 00:32:54,360 Speaker 2: Just educate me a defense force personnel different to regular 711 00:32:54,440 --> 00:32:56,480 Speaker 2: Keywis I mean if you happen to be in the 712 00:32:56,640 --> 00:32:58,560 Speaker 2: army and you are in KEII saber, can't you just 713 00:32:58,600 --> 00:33:00,880 Speaker 2: automatically get your money like every on else for first time? 714 00:33:02,120 --> 00:33:04,280 Speaker 19: No, well, at the moment, the current rules say that 715 00:33:04,360 --> 00:33:06,240 Speaker 19: you have to live in it for at least six months. 716 00:33:06,320 --> 00:33:08,960 Speaker 19: So people that are in a service tendancy, so that's 717 00:33:09,080 --> 00:33:14,920 Speaker 19: like farm workers and defense personnel, some teachers and police officers, 718 00:33:15,680 --> 00:33:19,320 Speaker 19: they can't satisfy that requirement, so they're excluded from getting 719 00:33:19,360 --> 00:33:20,880 Speaker 19: onto a home ownership leadder. 720 00:33:21,120 --> 00:33:23,520 Speaker 2: And why are they excluded from buying a farm if 721 00:33:23,560 --> 00:33:25,400 Speaker 2: it's a house because a house comes with a farm, 722 00:33:25,440 --> 00:33:27,800 Speaker 2: et cetera. Or are you looking for a farm without 723 00:33:27,800 --> 00:33:28,960 Speaker 2: a house, or it might not be you know, it 724 00:33:29,040 --> 00:33:30,080 Speaker 2: might be down the road or whatever. 725 00:33:31,080 --> 00:33:34,800 Speaker 19: Well, technically it's actually already allowed, but it's a bit tricky, 726 00:33:35,160 --> 00:33:37,600 Speaker 19: so my bill just tweaks it a bit, because a 727 00:33:37,760 --> 00:33:40,120 Speaker 19: farm and a business are usually in a home, all 728 00:33:40,240 --> 00:33:43,800 Speaker 19: inextricably linked, and this bill just allows you to buy 729 00:33:43,920 --> 00:33:47,080 Speaker 19: the farm in the name of business as opposed to 730 00:33:47,160 --> 00:33:49,080 Speaker 19: having to buy it in the name of a person. 731 00:33:49,440 --> 00:33:52,360 Speaker 2: Do you strike me as relatively minor tweaks that should 732 00:33:52,360 --> 00:33:54,160 Speaker 2: have been perhaps in there in the first place. 733 00:33:55,840 --> 00:33:57,840 Speaker 19: Oh, well, that's not for me to determine. I'm just 734 00:33:57,960 --> 00:34:00,640 Speaker 19: really excited about this bill and getting it allowing people 735 00:34:00,680 --> 00:34:03,240 Speaker 19: to get back or to get onto the property letter. 736 00:34:03,600 --> 00:34:05,360 Speaker 19: That's what motivated me to do it. And see, what 737 00:34:05,520 --> 00:34:09,480 Speaker 19: really motivated me to do it was a young worker 738 00:34:09,719 --> 00:34:12,400 Speaker 19: on our farm called Terrell, who was really keen to 739 00:34:12,440 --> 00:34:15,040 Speaker 19: buy himself a house and couldn't understand why he couldn't. 740 00:34:15,080 --> 00:34:16,920 Speaker 19: And I didn't think that was fair and needed did he. 741 00:34:17,120 --> 00:34:19,200 Speaker 20: So that's what drove me to do this. 742 00:34:19,719 --> 00:34:22,120 Speaker 2: In call it Terrell's Bill. There you go now too, 743 00:34:22,360 --> 00:34:25,560 Speaker 2: I can call it tore exactly. So, So, private members, 744 00:34:25,640 --> 00:34:29,560 Speaker 2: why isn't government and if it is remaining as private, 745 00:34:29,640 --> 00:34:31,239 Speaker 2: do you have any sense of the numbers you may 746 00:34:31,360 --> 00:34:31,880 Speaker 2: or may not have. 747 00:34:33,800 --> 00:34:35,920 Speaker 19: Well, it's in the ballot at the moment, so I'm 748 00:34:35,960 --> 00:34:37,880 Speaker 19: at the mercy of that. So every time there's a 749 00:34:37,960 --> 00:34:39,960 Speaker 19: drawer of the ballot, I cross my fingers and hope 750 00:34:40,000 --> 00:34:40,839 Speaker 19: it'll get drawn out. 751 00:34:42,080 --> 00:34:44,320 Speaker 2: But having said that, why isn't part of the government's 752 00:34:44,320 --> 00:34:46,160 Speaker 2: work program, Because you guys are all in favor of 753 00:34:46,200 --> 00:34:47,560 Speaker 2: the rural community, aren't you. 754 00:34:48,680 --> 00:34:52,160 Speaker 19: Absolutely, we're one hundred percent committed to farming. We back 755 00:34:52,239 --> 00:34:55,439 Speaker 19: our farmers one hundred percent. So yeah, I'll be working 756 00:34:55,480 --> 00:34:57,480 Speaker 19: behind the scenes to hope that it gets adopted as 757 00:34:57,480 --> 00:35:00,160 Speaker 19: a member's bill. But in the meantime, I'm just I'm 758 00:35:00,440 --> 00:35:01,920 Speaker 19: hoping that it gets drawn out of the ballot. 759 00:35:02,080 --> 00:35:04,520 Speaker 2: Absolutely, I can't work out what the problem here is 760 00:35:04,560 --> 00:35:07,200 Speaker 2: with the general idea, may once again asked the Prime Minister, 761 00:35:07,280 --> 00:35:09,759 Speaker 2: depending on whether we get times sus Redmain, who's the 762 00:35:10,000 --> 00:35:13,680 Speaker 2: National impeople ranger ticket? Twelve minutes past seven past gig Mike, 763 00:35:13,719 --> 00:35:16,479 Speaker 2: you should see the riverside and Victoria's Strip in christ 764 00:35:16,480 --> 00:35:17,800 Speaker 2: which will I have been? There are a number of 765 00:35:17,840 --> 00:35:19,680 Speaker 2: times in the hospital strip and Rolliston all go. It's 766 00:35:19,719 --> 00:35:22,880 Speaker 2: exactly what I'm saying. Every single one of us knows 767 00:35:22,960 --> 00:35:25,920 Speaker 2: a successful business or a series of successful businesses in 768 00:35:26,000 --> 00:35:28,440 Speaker 2: Hospow And if we stopped and thought long enough and 769 00:35:28,520 --> 00:35:31,040 Speaker 2: asked ourselves the basic questions, Why is it that they 770 00:35:31,080 --> 00:35:34,680 Speaker 2: are successful? The answers would be reasonably obvious. Mike Browns 771 00:35:34,719 --> 00:35:36,959 Speaker 2: and remyu Era bursting at the seams every day, lucky 772 00:35:37,000 --> 00:35:39,080 Speaker 2: to get a seat. Dead right, by the way, Romania. 773 00:35:39,600 --> 00:35:43,800 Speaker 2: We've got Portugal and Romania this morning in an election, 774 00:35:44,239 --> 00:35:47,440 Speaker 2: and the Romanian situation exit polls. These are now with 775 00:35:47,600 --> 00:35:50,840 Speaker 2: fifty percent turns out. Simeon might have been right, Simeon's 776 00:35:50,840 --> 00:35:54,880 Speaker 2: Trump's mate hard right, depending on who you're reading. But anyway, 777 00:35:54,960 --> 00:35:57,120 Speaker 2: the guy who was leading isn't leading by much anymore 778 00:35:57,200 --> 00:35:59,480 Speaker 2: so with fifty percent of the vote, and now from Romania, 779 00:36:00,200 --> 00:36:03,960 Speaker 2: Nichol saw Dan is on fifty point nine percent, George 780 00:36:04,000 --> 00:36:07,359 Speaker 2: Simeon making a surge from behind, sitting on forty nine 781 00:36:07,400 --> 00:36:11,080 Speaker 2: point Oh wait, who thought Romania could be that exciting? 782 00:36:11,440 --> 00:36:12,520 Speaker 2: Thirteen past. 783 00:36:13,880 --> 00:36:18,240 Speaker 1: The Like asking Breakfast Full Show podcast on iHeartRadio powered 784 00:36:18,320 --> 00:36:20,359 Speaker 1: by News Talks at BE New. 785 00:36:20,440 --> 00:36:22,040 Speaker 2: Talks at BE Prime Minister. Still to come, We've got 786 00:36:22,080 --> 00:36:24,000 Speaker 2: the sport apter rate, of course. Sixteen past seven new 787 00:36:24,080 --> 00:36:26,840 Speaker 2: insight into the way we're getting educated. Distance learning is 788 00:36:26,880 --> 00:36:29,399 Speaker 2: on the up. Correspondent School has seen a thirty two 789 00:36:29,480 --> 00:36:33,400 Speaker 2: percent rise in enrollment since twenty eighteen. That's against the 790 00:36:33,400 --> 00:36:35,720 Speaker 2: backdrop of a fall of in person attendance. 791 00:36:35,760 --> 00:36:36,000 Speaker 14: Of course. 792 00:36:36,080 --> 00:36:39,279 Speaker 2: CEO of Online Educated Crimson Global Academy, Penelope Bartons with 793 00:36:39,400 --> 00:36:40,520 Speaker 2: us Penelope morning. 794 00:36:41,280 --> 00:36:41,719 Speaker 19: Good morning. 795 00:36:42,000 --> 00:36:45,520 Speaker 2: Is this a shift post COVID, whether you work from 796 00:36:45,560 --> 00:36:47,839 Speaker 2: home or school or whatever. Is the world changed since COVID? 797 00:36:47,920 --> 00:36:49,320 Speaker 2: Is this it or is there something more to it? 798 00:36:51,040 --> 00:36:54,279 Speaker 20: That's definitely a factor for it. We've seen, I mean, 799 00:36:54,400 --> 00:36:56,719 Speaker 20: you saw that peak during COVID, and then afterwards you've 800 00:36:56,719 --> 00:36:58,800 Speaker 20: seen a pretty steady trend not just a New Zealand 801 00:36:58,840 --> 00:37:01,719 Speaker 20: but overseas in terms of students looking for an alternative 802 00:37:01,800 --> 00:37:03,520 Speaker 20: that sort of opens their eyes in terms of what 803 00:37:03,600 --> 00:37:06,440 Speaker 20: else is possible now looking for other options. But then 804 00:37:06,480 --> 00:37:10,640 Speaker 20: you've also got just broadly mental health, chronic disengagement in schools. 805 00:37:10,719 --> 00:37:12,520 Speaker 20: You talked about the attendance rates, there's a lot of 806 00:37:12,600 --> 00:37:14,560 Speaker 20: other factors that are just causing families and how to 807 00:37:14,640 --> 00:37:15,600 Speaker 20: look for other options. 808 00:37:15,840 --> 00:37:18,719 Speaker 2: Can you get as good an education online as you 809 00:37:18,840 --> 00:37:20,240 Speaker 2: can by going to school. 810 00:37:21,719 --> 00:37:26,919 Speaker 20: Absolutely, we've had students and there's actually probably a piece here. Yes, 811 00:37:27,000 --> 00:37:29,400 Speaker 20: you can, depending on the program. There should always be 812 00:37:29,400 --> 00:37:32,840 Speaker 20: a caveat on that. But we have access to on 813 00:37:32,960 --> 00:37:36,080 Speaker 20: the Crimson Cardal Academy side some of the top teachers. 814 00:37:36,600 --> 00:37:38,360 Speaker 20: You have access to international curriculum. 815 00:37:38,480 --> 00:37:40,120 Speaker 19: And what's unique that. 816 00:37:40,200 --> 00:37:42,560 Speaker 20: You can do in online because you have a bit 817 00:37:42,640 --> 00:37:45,640 Speaker 20: more flexibility, is you can really personalize the education for 818 00:37:45,719 --> 00:37:47,800 Speaker 20: the students. It's very very hard to do that in 819 00:37:47,960 --> 00:37:51,560 Speaker 20: a traditional classroom, and so being able to personalize that learning, 820 00:37:51,719 --> 00:37:55,120 Speaker 20: access to different pathways, more flexibility. You know, we're just 821 00:37:55,160 --> 00:37:57,680 Speaker 20: seeing students absolutely come in and come in and thrive. 822 00:37:58,120 --> 00:38:00,640 Speaker 2: But that's what you guys do, and that's that international 823 00:38:00,719 --> 00:38:03,000 Speaker 2: side of the equation. If I'm just looking to simply 824 00:38:03,080 --> 00:38:06,040 Speaker 2: pull my kid out of a primary school in suburban 825 00:38:06,120 --> 00:38:09,280 Speaker 2: New Zealand and do it at my house in suburban 826 00:38:09,320 --> 00:38:11,560 Speaker 2: New Zealand, and it's not international, it's just part of 827 00:38:11,600 --> 00:38:14,080 Speaker 2: the New Zealand curriculum. Can I do that and do that? 828 00:38:14,320 --> 00:38:14,520 Speaker 14: Well? 829 00:38:15,760 --> 00:38:20,120 Speaker 20: Yes, there are a few different models available in New Zealand. 830 00:38:20,239 --> 00:38:22,920 Speaker 20: You've got Takura, you've got Mount Hobson, and you've got 831 00:38:23,040 --> 00:38:25,880 Speaker 20: us on the international site. Mount Hobson runs a similar 832 00:38:25,960 --> 00:38:28,879 Speaker 20: model to ourselves in terms of the small classroom. It's 833 00:38:28,960 --> 00:38:33,160 Speaker 20: really differentiated learning pathways. One element you've got to consider 834 00:38:33,200 --> 00:38:35,520 Speaker 20: and if you're thinking about particularly in that primary age 835 00:38:35,880 --> 00:38:39,120 Speaker 20: is thinking about what that social emotional connection piece looks 836 00:38:39,200 --> 00:38:41,320 Speaker 20: like that learning through play, how are you going to 837 00:38:41,400 --> 00:38:45,160 Speaker 20: be building that because you can do online at that age, 838 00:38:45,280 --> 00:38:47,799 Speaker 20: but you'll need to be thinking about exactly as a parent, 839 00:38:48,040 --> 00:38:49,840 Speaker 20: how much am I going to be involved in that 840 00:38:50,040 --> 00:38:52,839 Speaker 20: learning to make sure that it's not just sitting there 841 00:38:53,040 --> 00:38:54,640 Speaker 20: and letting things go by. You need to take a 842 00:38:54,719 --> 00:38:57,799 Speaker 20: really active role in it at any age. It's an option, 843 00:38:58,280 --> 00:38:59,880 Speaker 20: but you'd need to be prepared to be very act 844 00:39:00,280 --> 00:39:02,520 Speaker 20: and hands on and make sure you've got the holistic development. 845 00:39:02,719 --> 00:39:05,480 Speaker 2: What drives it? To start trouble at school, so I'll 846 00:39:05,480 --> 00:39:08,239 Speaker 2: get my kid at home or I can do better 847 00:39:08,320 --> 00:39:09,920 Speaker 2: at home. Therefore, that's what drives it. 848 00:39:12,080 --> 00:39:15,000 Speaker 20: I've seen sort of roughly four groups of students. There's 849 00:39:15,080 --> 00:39:18,600 Speaker 20: definitely I'm not accelerating fast enough. I'm in this class 850 00:39:18,680 --> 00:39:21,360 Speaker 20: because I'm this age, and then that just you know, 851 00:39:21,800 --> 00:39:25,520 Speaker 20: that's actually not challenging them. They get quite bored. We're 852 00:39:25,560 --> 00:39:29,480 Speaker 20: seeing a lot of students who might have social anxiety, 853 00:39:29,760 --> 00:39:31,719 Speaker 20: things like actually just getting up and out of the 854 00:39:31,800 --> 00:39:35,320 Speaker 20: house and thinking about lunch breaks. That's quite an issue 855 00:39:35,800 --> 00:39:38,000 Speaker 20: for them. And then we're seeing other students who are 856 00:39:38,080 --> 00:39:40,560 Speaker 20: just going. I've got other passions. I want to be 857 00:39:40,640 --> 00:39:45,000 Speaker 20: a professional athlete. I want to ride horses during the day. 858 00:39:45,160 --> 00:39:47,960 Speaker 20: I want to go and train, and actually doing school 859 00:39:48,120 --> 00:39:50,800 Speaker 20: nine till three every day is sort of an outdated 860 00:39:50,880 --> 00:39:53,279 Speaker 20: way to look at that model for those students. They 861 00:39:53,320 --> 00:39:55,200 Speaker 20: want to do their classes a little bit in the morning, 862 00:39:55,239 --> 00:39:57,400 Speaker 20: a little bit at night, and then have that daytime 863 00:39:57,480 --> 00:39:57,640 Speaker 20: for you. 864 00:39:58,040 --> 00:40:00,840 Speaker 2: Penelvie Good Insight appreciate it very much. A partner's with 865 00:40:00,880 --> 00:40:05,720 Speaker 2: Crimson Global Academy thirty two percent rise, not the Global Academy, 866 00:40:05,760 --> 00:40:08,840 Speaker 2: but thirty two percent rights in general. Since twenty eighteen. 867 00:40:08,840 --> 00:40:11,520 Speaker 2: It's a lot, isn't it? But a housing news for you. 868 00:40:11,640 --> 00:40:14,719 Speaker 2: I read something really interesting that could be coming to 869 00:40:15,280 --> 00:40:19,799 Speaker 2: possibly the budget in government policy. More shortly seven twenty. 870 00:40:21,440 --> 00:40:25,200 Speaker 1: The Mike Asking Breakfast Full Show podcast on a heart 871 00:40:25,320 --> 00:40:27,080 Speaker 1: radio powered by News Talks. 872 00:40:27,120 --> 00:40:27,360 Speaker 7: It be. 873 00:40:29,600 --> 00:40:29,719 Speaker 21: Now. 874 00:40:29,960 --> 00:40:32,080 Speaker 2: If you're missing out on life's adventures because the old 875 00:40:32,160 --> 00:40:35,279 Speaker 2: joint discomforts you do not have to. 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About health dot co dot Nz online order 893 00:41:17,680 --> 00:41:21,120 Speaker 2: your Lesters Oil get back to enjoying the active lifestyle 894 00:41:21,160 --> 00:41:22,759 Speaker 2: you deserve. Never been a bit of time to order. 895 00:41:22,800 --> 00:41:26,719 Speaker 2: We've got fifteen percent off site wide, Plus you're going 896 00:41:26,760 --> 00:41:28,560 Speaker 2: to get a free gift when you use the code breakfast. 897 00:41:28,560 --> 00:41:31,480 Speaker 2: Always use the code breakfast. Some exclusions apply, but eight 898 00:41:31,560 --> 00:41:34,439 Speaker 2: hundred triple line three oh nine or About health dot 899 00:41:34,560 --> 00:41:39,200 Speaker 2: co dot Nz. Sevent twenty four one roof had a 900 00:41:39,239 --> 00:41:41,320 Speaker 2: story over the Weekend about an apartment in Auckland that 901 00:41:41,480 --> 00:41:44,960 Speaker 2: is for sale for seventeen million dollars. It was for 902 00:41:45,080 --> 00:41:48,000 Speaker 2: sale for sixteen million dollars, so they put the price 903 00:41:48,120 --> 00:41:50,360 Speaker 2: up despite the fact that it's been for sale for 904 00:41:50,480 --> 00:41:54,000 Speaker 2: several years. Now. They're looking to the international market, where 905 00:41:54,040 --> 00:41:55,959 Speaker 2: seventeen million is not a lot of money. The article 906 00:41:56,000 --> 00:41:59,959 Speaker 2: also featured information about a Night franc international wealth report 907 00:42:00,600 --> 00:42:03,799 Speaker 2: that ranked the priorities of those with money and real estate. 908 00:42:03,840 --> 00:42:06,440 Speaker 2: It turns out real estate investment was right up there 909 00:42:06,480 --> 00:42:09,120 Speaker 2: for those people, and for the super wealthy, the ability 910 00:42:09,200 --> 00:42:12,799 Speaker 2: to have a super yacht parked featured doe very highly 911 00:42:12,840 --> 00:42:15,400 Speaker 2: for them as well. So the point being, in a 912 00:42:15,440 --> 00:42:18,440 Speaker 2: place like Auckland, your seventeen million dollar penthouse can be 913 00:42:18,480 --> 00:42:20,600 Speaker 2: a few hundred meters away, of course, from your super yacht. 914 00:42:20,760 --> 00:42:23,640 Speaker 2: Yet in this country foreigners cannot do that because they 915 00:42:23,680 --> 00:42:26,120 Speaker 2: are not allowed to buy a house. What they are 916 00:42:26,160 --> 00:42:28,680 Speaker 2: allowed to do is get a golden visa, and the 917 00:42:28,760 --> 00:42:31,960 Speaker 2: new rules have proved very popular. There's good inquiry are 918 00:42:32,080 --> 00:42:34,680 Speaker 2: for five or ten million dollars, you invest in a business, 919 00:42:34,760 --> 00:42:37,120 Speaker 2: you employ people, you grow that business, you help us 920 00:42:37,160 --> 00:42:39,880 Speaker 2: out as an economy, and you still despite all of 921 00:42:39,920 --> 00:42:42,720 Speaker 2: that can't buy a house. The fact that the apartment 922 00:42:43,200 --> 00:42:45,880 Speaker 2: has been on the market now for years clearly shows 923 00:42:45,960 --> 00:42:48,360 Speaker 2: no locals want it or indeed can afford it. So 924 00:42:48,520 --> 00:42:51,200 Speaker 2: the fear as profit by some that foreigners take houses 925 00:42:51,239 --> 00:42:54,440 Speaker 2: off New Zealanders at this level clearly is not true. 926 00:42:54,680 --> 00:42:57,360 Speaker 2: The government or parts of it want to fix this anomaly, 927 00:42:57,440 --> 00:43:00,560 Speaker 2: and yet they can't or don't because New Zealand First refuses. 928 00:43:01,040 --> 00:43:04,440 Speaker 2: Rumors while back suggested a compromise had been reached. National 929 00:43:04,480 --> 00:43:06,560 Speaker 2: had an election policy of a couple of million dollars 930 00:43:06,840 --> 00:43:09,680 Speaker 2: as a protection on the lower priced houses. The rumor 931 00:43:09,960 --> 00:43:11,920 Speaker 2: was that negotiated a figure with New Zealand First for 932 00:43:11,960 --> 00:43:15,000 Speaker 2: about five or six million. It never came to fruition. 933 00:43:15,480 --> 00:43:18,239 Speaker 2: So in budget week, when yet again the dire state 934 00:43:18,320 --> 00:43:20,720 Speaker 2: of our finances is laid bare and a commentary around 935 00:43:20,760 --> 00:43:23,840 Speaker 2: growth will be pushed hard, one of the answers i e. 936 00:43:24,040 --> 00:43:26,560 Speaker 2: The wealthy with money to invest has not been fully 937 00:43:26,680 --> 00:43:29,719 Speaker 2: enacted because one part of the government is xenophobic. This 938 00:43:29,920 --> 00:43:33,960 Speaker 2: battle to regain our economic mojo is hard enough as 939 00:43:34,040 --> 00:43:36,640 Speaker 2: it is without ankle tapping ourselves by refusing to enact 940 00:43:36,680 --> 00:43:41,000 Speaker 2: blatantly obvious ideas. If we can't pull every lever possible. 941 00:43:41,800 --> 00:43:45,000 Speaker 2: We have no one to blame but ourselves, ask eted 942 00:43:45,040 --> 00:43:48,160 Speaker 2: Blazer with the Prime minister shortly Portugal. The race. This 943 00:43:48,320 --> 00:43:50,880 Speaker 2: is a This is a general election as opposed to 944 00:43:50,960 --> 00:43:53,360 Speaker 2: the presidential races have been telling about so far. This 945 00:43:53,520 --> 00:43:57,719 Speaker 2: morning it was suggested third election by the way in 946 00:43:57,840 --> 00:43:59,880 Speaker 2: three years because the rare basket case. But it was 947 00:44:00,000 --> 00:44:03,920 Speaker 2: suggested going in that the ruling center right Democratic Alliance 948 00:44:05,600 --> 00:44:08,560 Speaker 2: would win, but they would fall short of a majority, 949 00:44:08,760 --> 00:44:10,760 Speaker 2: and the first exit polls out a couple of moments 950 00:44:10,760 --> 00:44:14,000 Speaker 2: ago suggests that that's what's going to happen. They're getting 951 00:44:14,040 --> 00:44:16,719 Speaker 2: somewhere between twenty nine and thirty five percent. The far 952 00:44:16,880 --> 00:44:20,600 Speaker 2: right Jagger Party's got about twenty percent. Montenegro runs the 953 00:44:20,680 --> 00:44:23,759 Speaker 2: place he ran a vote of confidence. Lost the vote 954 00:44:23,800 --> 00:44:26,080 Speaker 2: of confidence because a few people ask some questions about 955 00:44:26,120 --> 00:44:27,879 Speaker 2: his business dealings. It turned out to be a little 956 00:44:27,880 --> 00:44:30,880 Speaker 2: bit dodgy. Went to the parliament said back meet. They didn't, 957 00:44:31,000 --> 00:44:33,319 Speaker 2: so he's gone to a third election. To win an 958 00:44:33,320 --> 00:44:35,719 Speaker 2: outright majority, they need about forty two percent of the vote. 959 00:44:35,760 --> 00:44:37,400 Speaker 2: They're not obviously going to get it, so they're going 960 00:44:37,480 --> 00:44:40,160 Speaker 2: to be back in minority and being back in minority 961 00:44:40,239 --> 00:44:44,520 Speaker 2: seems to suggest that it'll probably fall apart again. But 962 00:44:44,680 --> 00:44:46,759 Speaker 2: we shall see Prime Minister in the next half hour 963 00:44:46,800 --> 00:44:48,919 Speaker 2: of the program. Of course, the commentary box, we haven't 964 00:44:48,960 --> 00:44:52,160 Speaker 2: dealt with the f one. This morning every red ball 965 00:44:52,360 --> 00:44:57,040 Speaker 2: driver scored points Max one Sonoda came from the back 966 00:44:57,120 --> 00:45:01,560 Speaker 2: of the field, did well, had just scored points, so 967 00:45:01,719 --> 00:45:06,080 Speaker 2: that leaves one left and then that might be the issue. Anyway, 968 00:45:06,120 --> 00:45:08,000 Speaker 2: more on that still to come after the News, which 969 00:45:08,120 --> 00:45:09,840 Speaker 2: is next your reviews talk see. 970 00:45:11,520 --> 00:45:15,480 Speaker 1: New Zealand's Voice of Reason is Mike the mic asking 971 00:45:15,560 --> 00:45:20,280 Speaker 1: breakfast with Vita, Retirement, Communities, Life your Way, News, Dogs 972 00:45:20,320 --> 00:45:20,640 Speaker 1: Dead be. 973 00:45:22,600 --> 00:45:25,600 Speaker 2: Twenty three minutes away from mate Andrew and Jason after 974 00:45:26,040 --> 00:45:27,960 Speaker 2: the sport. It cost me time on the Monday morning, 975 00:45:28,000 --> 00:45:29,560 Speaker 2: the time in the Citizen to studio. Did you see 976 00:45:29,560 --> 00:45:31,520 Speaker 2: you can see your team. I now you won't remember 977 00:45:31,560 --> 00:45:34,240 Speaker 2: this and I'm not here to embarrass you, but Bill's 978 00:45:34,280 --> 00:45:36,480 Speaker 2: written to me and Villa and his wife were celebrating 979 00:45:36,520 --> 00:45:40,680 Speaker 2: their sixtieth wedding anniversary and they said they couldn't believe 980 00:45:40,760 --> 00:45:43,279 Speaker 2: all the cards they got. They got one from the 981 00:45:43,360 --> 00:45:46,759 Speaker 2: local MP, personally signed, they got one from you. Do 982 00:45:46,800 --> 00:45:49,120 Speaker 2: you remember writing bill's cart I have a system in 983 00:45:49,160 --> 00:45:52,000 Speaker 2: place for sixtieth wedding, And how many sixtieth winning anniversary 984 00:45:52,040 --> 00:45:55,359 Speaker 2: cards would you write? I don't know many snowed under? 985 00:45:55,520 --> 00:45:55,719 Speaker 22: Or no? 986 00:45:55,920 --> 00:45:58,520 Speaker 12: No, I mean there's not that many people that make 987 00:45:58,560 --> 00:46:02,040 Speaker 12: sixty honest, That's what I'm asking. So you do there 988 00:46:02,120 --> 00:46:04,800 Speaker 12: is a system in place for system in place, and 989 00:46:04,880 --> 00:46:06,319 Speaker 12: the King wrote to them, Yeah, that's great. 990 00:46:06,400 --> 00:46:07,759 Speaker 2: Is it nice? Is that lovely? 991 00:46:07,800 --> 00:46:09,279 Speaker 12: If you're going to do sixty years of marriage? I 992 00:46:09,280 --> 00:46:10,400 Speaker 12: think that's something we're celebrating. 993 00:46:10,400 --> 00:46:13,480 Speaker 2: Couldn't agree more. New Zealand First are seeking changes to 994 00:46:13,560 --> 00:46:16,520 Speaker 2: the Regulatory Standards Bill because New Zealand First has got 995 00:46:16,560 --> 00:46:17,320 Speaker 2: problems true or not? 996 00:46:18,160 --> 00:46:20,439 Speaker 12: Well, I mean they've got some issues, but that will 997 00:46:20,480 --> 00:46:22,719 Speaker 12: be flushed out through a sleept committee process. I mean, 998 00:46:23,080 --> 00:46:24,799 Speaker 12: if you take a step back, this bill is about 999 00:46:24,840 --> 00:46:27,520 Speaker 12: making sure we do decent good law making and more 1000 00:46:27,560 --> 00:46:31,400 Speaker 12: transparency about bad lawmaking in particular. It's pretty complex legislation, 1001 00:46:31,600 --> 00:46:34,240 Speaker 12: but like the fast Track Bill, and it will benefit 1002 00:46:34,320 --> 00:46:35,360 Speaker 12: frankly from going through. 1003 00:46:35,320 --> 00:46:37,840 Speaker 2: But just so it's complex. I heard David Seymore do 1004 00:46:37,880 --> 00:46:40,279 Speaker 2: an interview once on it, and I was bamboozled by 1005 00:46:40,320 --> 00:46:42,440 Speaker 2: what he's trying to achieve, but outside of the broad 1006 00:46:42,520 --> 00:46:45,080 Speaker 2: it will be more efficient, is it. Do you understand? 1007 00:46:45,120 --> 00:46:46,520 Speaker 12: Well, that's the point is we want to make sure 1008 00:46:46,520 --> 00:46:49,560 Speaker 12: it doesn't drive increased bureaucracy. It's actually got to be 1009 00:46:49,600 --> 00:46:51,279 Speaker 12: a much simpler way to say. Look, if you're making 1010 00:46:51,360 --> 00:46:53,719 Speaker 12: new laws as a minister, you've got to make sure 1011 00:46:53,760 --> 00:46:56,160 Speaker 12: that it actually does work that you're not and as 1012 00:46:56,200 --> 00:46:58,239 Speaker 12: a result, the system that checks that, we want that 1013 00:46:58,280 --> 00:47:01,560 Speaker 12: to be pretty tiptop shaped. So so David's got you know, 1014 00:47:01,600 --> 00:47:03,600 Speaker 12: the idea is more transparency in the regulations. 1015 00:47:03,680 --> 00:47:06,400 Speaker 2: But is there an ideological scrap between Winston and David on. 1016 00:47:06,400 --> 00:47:08,360 Speaker 12: This No, it's just making sure it's the devil's and 1017 00:47:08,440 --> 00:47:10,160 Speaker 12: the detail on this one. And it's no different from 1018 00:47:10,200 --> 00:47:12,279 Speaker 12: fast Track. If you remember how we started that one 1019 00:47:12,360 --> 00:47:14,560 Speaker 12: off and then we ended up creating panels and a 1020 00:47:14,600 --> 00:47:16,719 Speaker 12: bunch of different things, that's similar to this one. 1021 00:47:16,920 --> 00:47:20,640 Speaker 2: Okay, Nick Stewart, who is a financial advisor, I am 1022 00:47:20,680 --> 00:47:23,640 Speaker 2: reading over the weekend the case for full expensing of 1023 00:47:23,760 --> 00:47:27,640 Speaker 2: capital expenditure. Having read the article, it does make sense. 1024 00:47:27,840 --> 00:47:30,720 Speaker 2: Is there any possibility, either in the budget or generally 1025 00:47:31,320 --> 00:47:34,200 Speaker 2: that we can full expense capital expenditure and therefore drive 1026 00:47:34,280 --> 00:47:34,760 Speaker 2: the economy. 1027 00:47:34,920 --> 00:47:36,600 Speaker 12: We'll talk more about that obviously in the budget in 1028 00:47:36,600 --> 00:47:38,800 Speaker 12: a few days. There's something in the budget you never know. 1029 00:47:38,840 --> 00:47:40,879 Speaker 12: We'll talk about the budget in a few days yet. 1030 00:47:41,080 --> 00:47:43,279 Speaker 12: But what I just say is that idea is not 1031 00:47:43,360 --> 00:47:46,520 Speaker 12: an unattractive idea because if essentially, Mike, if you look 1032 00:47:46,560 --> 00:47:49,000 Speaker 12: at the small medium enterprises in New Zealand, the top 1033 00:47:49,120 --> 00:47:51,520 Speaker 12: ten percent of seven times more productive than the bottom 1034 00:47:51,560 --> 00:47:53,600 Speaker 12: ten percent, and a lot of it's to do with 1035 00:47:53,680 --> 00:47:56,560 Speaker 12: their adoption of capital and plant and equipment and automation 1036 00:47:56,760 --> 00:47:58,880 Speaker 12: and all that good stuff. So I've got a lot 1037 00:47:58,920 --> 00:48:00,800 Speaker 12: of sympathy for that, but weft way to the budget. 1038 00:48:00,920 --> 00:48:02,600 Speaker 2: So much sympathy we might be able to hear something 1039 00:48:02,680 --> 00:48:06,080 Speaker 2: on Thursday that's exciting to know you. You're so good 1040 00:48:06,120 --> 00:48:09,279 Speaker 2: at this trying to get a scoop on that. I'm John, 1041 00:48:09,360 --> 00:48:11,719 Speaker 2: just please you positive about it. Stephen Joyce's piece in 1042 00:48:11,760 --> 00:48:13,080 Speaker 2: the Hero all over the weekend. Did you happen to 1043 00:48:13,120 --> 00:48:15,680 Speaker 2: read that? Okay? So does he have an argument. I'm 1044 00:48:15,680 --> 00:48:17,080 Speaker 2: not sure he has an but he's talking about the 1045 00:48:17,960 --> 00:48:23,319 Speaker 2: productivity of Fontierra's production side at a time when butter 1046 00:48:23,400 --> 00:48:26,040 Speaker 2: and ETCeteras through the roof. Do we know of Fontra 1047 00:48:26,160 --> 00:48:27,200 Speaker 2: are any good at what they do? 1048 00:48:27,440 --> 00:48:27,719 Speaker 22: Or is it? 1049 00:48:28,080 --> 00:48:29,800 Speaker 12: I think they're pretty good. I mean, how do you 1050 00:48:29,880 --> 00:48:31,719 Speaker 12: know that well? I mean when I look at their 1051 00:48:31,760 --> 00:48:34,440 Speaker 12: relative global performance, they've done a very good job, particularly 1052 00:48:34,440 --> 00:48:36,360 Speaker 12: in the last six years or so. Five years or so, 1053 00:48:37,120 --> 00:48:38,919 Speaker 12: I think there was a period in time, frankly where 1054 00:48:38,920 --> 00:48:41,160 Speaker 12: I think they lost it and lost a lot of 1055 00:48:41,200 --> 00:48:43,719 Speaker 12: ground against their global competitors. But I just say to 1056 00:48:43,719 --> 00:48:46,279 Speaker 12: you when you're offshore, I'm really you know. I think 1057 00:48:46,360 --> 00:48:48,399 Speaker 12: Fontier has got the right strategy. They're going for high 1058 00:48:48,480 --> 00:48:51,120 Speaker 12: margin products. Yeah, I was in Korea. They make an 1059 00:48:51,160 --> 00:48:54,600 Speaker 12: ambient whipping cream sold to Korean bakers. Now everyone listening 1060 00:48:54,600 --> 00:48:56,759 Speaker 12: to that, guys, whipp you do well? Actually bakers and 1061 00:48:56,840 --> 00:48:59,840 Speaker 12: cakes in career a freaking big market, and actually do 1062 00:48:59,920 --> 00:49:01,880 Speaker 12: it that way. They get higher margin that comes back 1063 00:49:01,880 --> 00:49:04,320 Speaker 12: to their farmers than doing consumer goods business, for example. 1064 00:49:04,840 --> 00:49:06,920 Speaker 12: So I think Fonteria has had a really good strategy 1065 00:49:07,000 --> 00:49:09,160 Speaker 12: to enhance margin so they can get returns. 1066 00:49:09,200 --> 00:49:11,440 Speaker 2: Back to the mororification of New Zealand. So the tea 1067 00:49:11,520 --> 00:49:14,200 Speaker 2: Kunger leads story, this was m fat. This was Winston 1068 00:49:14,239 --> 00:49:16,919 Speaker 2: Peter's getting upset about a teacung a lead type job. 1069 00:49:17,520 --> 00:49:20,320 Speaker 2: Let me quote you this his comments. Peter's comments and 1070 00:49:20,360 --> 00:49:23,960 Speaker 2: subsequent requests to m FAT for a response by political 1071 00:49:24,040 --> 00:49:26,799 Speaker 2: reporters set off a flurry of emails and messages between 1072 00:49:26,840 --> 00:49:28,880 Speaker 2: the most senior staff at the agency. I would have 1073 00:49:28,880 --> 00:49:30,120 Speaker 2: thought they had better things to do with the time. 1074 00:49:30,200 --> 00:49:34,000 Speaker 2: Be that as it may, who appeared to be unaware 1075 00:49:34,400 --> 00:49:38,880 Speaker 2: the job fell foul of Peter's expectations. How does senior 1076 00:49:38,960 --> 00:49:43,040 Speaker 2: bureaucrats not understand that they're working for a government that 1077 00:49:43,120 --> 00:49:47,040 Speaker 2: have spoken very clearly on the maorification of this country. 1078 00:49:47,239 --> 00:49:49,279 Speaker 12: Well, where we see it, we call it out, but 1079 00:49:49,360 --> 00:49:52,560 Speaker 12: I mean they sleep well, I mean Oncesta's obviously called 1080 00:49:52,600 --> 00:49:55,319 Speaker 12: it out very strongly, which is important. You've seen it. Also. 1081 00:49:55,440 --> 00:49:58,960 Speaker 12: We had a situation with Treo stop ghost signs for example, 1082 00:49:59,040 --> 00:50:00,880 Speaker 12: recently as well, and you know where we see it, 1083 00:50:00,960 --> 00:50:03,759 Speaker 12: we actually we say, look, that's not appropriate. You know, 1084 00:50:03,800 --> 00:50:06,000 Speaker 12: we don't want we need the stop go signs to 1085 00:50:06,040 --> 00:50:08,799 Speaker 12: be very unambiguous and very clearly producing the same thing here. 1086 00:50:09,400 --> 00:50:12,120 Speaker 12: We want everybody in the public service focused on delivery, 1087 00:50:12,239 --> 00:50:15,840 Speaker 12: focused on results, and not lots of resources tied up 1088 00:50:15,840 --> 00:50:16,200 Speaker 12: in things that. 1089 00:50:16,280 --> 00:50:18,520 Speaker 2: Isn't How this is happening? How come it's still happening. 1090 00:50:18,560 --> 00:50:20,839 Speaker 2: How come somebody somewhere goes, I tell you what, I'm 1091 00:50:20,840 --> 00:50:22,759 Speaker 2: going to make a Maory road sign. Yeah, well, I 1092 00:50:22,840 --> 00:50:24,160 Speaker 2: mean they're taking the person, aren't they. 1093 00:50:24,280 --> 00:50:27,040 Speaker 12: Well, there's a I mean we're a new government. We've 1094 00:50:27,040 --> 00:50:29,920 Speaker 12: been very clearly not but a year and a year 1095 00:50:29,920 --> 00:50:30,160 Speaker 12: and a half. 1096 00:50:30,160 --> 00:50:30,520 Speaker 3: I get it. 1097 00:50:30,600 --> 00:50:33,520 Speaker 12: But we want to run things differently from the previous minstration. 1098 00:50:33,640 --> 00:50:36,560 Speaker 12: That's taking some people sometime to understand that. Where where 1099 00:50:36,600 --> 00:50:38,440 Speaker 12: it comes out, and they get it wrong, we're very 1100 00:50:38,520 --> 00:50:40,440 Speaker 12: quick to clamp it down on it and to say 1101 00:50:40,480 --> 00:50:42,480 Speaker 12: that's got to change. Get back to what the program is, 1102 00:50:42,880 --> 00:50:43,520 Speaker 12: which is delivery. 1103 00:50:43,680 --> 00:50:45,439 Speaker 2: Let's get back to the budget without giving it away. 1104 00:50:45,440 --> 00:50:48,080 Speaker 2: I get all of that. The money you announced Nicola 1105 00:50:48,080 --> 00:50:50,680 Speaker 2: Willis on Friday has hundreds of millions of dollars for 1106 00:50:50,760 --> 00:50:53,640 Speaker 2: the film industry. Fantastic. You've got money yesterday for Regina. 1107 00:50:53,680 --> 00:50:56,040 Speaker 2: Where's it all coming from? Well that'll be revealed on 1108 00:50:56,120 --> 00:50:58,520 Speaker 2: the budget, I know, But give us a just say 1109 00:50:58,640 --> 00:51:00,839 Speaker 2: we don't have any money. We have said very clearly 1110 00:51:00,920 --> 00:51:03,080 Speaker 2: that we think we can invest in economic growth, we 1111 00:51:03,120 --> 00:51:06,320 Speaker 2: think we can invest in health and education. But what 1112 00:51:07,600 --> 00:51:09,400 Speaker 2: you watch waight you see the fiscal plan and it 1113 00:51:09,440 --> 00:51:11,840 Speaker 2: will be all revealed at that point. It's either borrowed 1114 00:51:12,440 --> 00:51:14,520 Speaker 2: or you've got it from somewhere, which is it. 1115 00:51:14,840 --> 00:51:16,640 Speaker 12: Well, again, i'm not going to get it. Why can't 1116 00:51:16,680 --> 00:51:18,320 Speaker 12: you give us that part? Not because we've got to, 1117 00:51:18,400 --> 00:51:20,960 Speaker 12: but it's budget sensitive. We'll wait for what's what's bunget 1118 00:51:21,080 --> 00:51:23,960 Speaker 12: sensitive about something as broad as we've got the cash 1119 00:51:24,200 --> 00:51:26,000 Speaker 12: or we're borrowing. Well, as I said to you, it's 1120 00:51:26,040 --> 00:51:28,279 Speaker 12: within our fiscal track and what we've set ourselves up 1121 00:51:28,320 --> 00:51:29,319 Speaker 12: and the rules that we're trying to. 1122 00:51:29,320 --> 00:51:30,520 Speaker 2: Do work towards. 1123 00:51:31,040 --> 00:51:33,440 Speaker 12: It'll be revealed on Thursday. We need to be able 1124 00:51:33,440 --> 00:51:35,279 Speaker 12: to do it in one comprehensive thing so you can 1125 00:51:35,320 --> 00:51:37,719 Speaker 12: see the total fiscal picture of what we're dealing with 1126 00:51:37,800 --> 00:51:38,719 Speaker 12: and how we're funding it. 1127 00:51:38,800 --> 00:51:40,640 Speaker 2: But it seems an extraordinary amount of money. 1128 00:51:41,000 --> 00:51:43,320 Speaker 12: Well, where we are, we're making some serious investments and 1129 00:51:43,360 --> 00:51:45,839 Speaker 12: some key places. Now you're making investments, but I want 1130 00:51:45,840 --> 00:51:47,400 Speaker 12: to know where you're getting the dough from and that 1131 00:51:47,440 --> 00:51:49,520 Speaker 12: will be revealed on because if you're borrowing it, I'm 1132 00:51:49,560 --> 00:51:51,279 Speaker 12: not going to be happy next week. Well, that's fine, 1133 00:51:51,280 --> 00:51:54,280 Speaker 12: we'll have that conversation next week. Well, so you are borrowing, 1134 00:51:54,560 --> 00:51:56,239 Speaker 12: and I say we're borrowing. But I'm just I'm not 1135 00:51:56,280 --> 00:51:57,719 Speaker 12: going to give you anything on this. I know it's 1136 00:51:57,719 --> 00:51:59,520 Speaker 12: going to be a very frustrating interview for your listeners. 1137 00:52:00,760 --> 00:52:02,440 Speaker 12: All Right, he's so good, can I say to all 1138 00:52:02,440 --> 00:52:04,279 Speaker 12: the people listening here? And he tries to weasel it 1139 00:52:04,320 --> 00:52:06,200 Speaker 12: out of me. But now we've got to wait to 1140 00:52:06,200 --> 00:52:07,960 Speaker 12: Thursday because I got to show you the whole financial 1141 00:52:08,160 --> 00:52:08,799 Speaker 12: set in the front. 1142 00:52:08,880 --> 00:52:13,359 Speaker 2: Okay, So reassure me once again that it will make 1143 00:52:13,560 --> 00:52:16,200 Speaker 2: sense in a way that perhaps a conservative like me 1144 00:52:16,360 --> 00:52:19,120 Speaker 2: that doesn't like debt yep, can understand. 1145 00:52:19,320 --> 00:52:19,520 Speaker 3: Yep. 1146 00:52:19,800 --> 00:52:21,840 Speaker 12: So we have a problem with debt, as you well know, 1147 00:52:22,200 --> 00:52:24,640 Speaker 12: we've had a threefold increase in debt from sixty to 1148 00:52:24,719 --> 00:52:27,480 Speaker 12: one hundred and eighty billion dollars. The cost on the 1149 00:52:27,520 --> 00:52:29,920 Speaker 12: budget now on the interest build on that a loan's 1150 00:52:29,920 --> 00:52:32,879 Speaker 12: gone from three to nine billion dollars in rising it's 1151 00:52:32,920 --> 00:52:35,680 Speaker 12: about sixty thousand dollars for every household his own, twenty 1152 00:52:35,719 --> 00:52:38,279 Speaker 12: two thousand extra it's been added onto every KIWI. And 1153 00:52:38,400 --> 00:52:40,920 Speaker 12: we've got nothing to show for it, because basically they 1154 00:52:41,560 --> 00:52:44,279 Speaker 12: debt's good if you're borrowing for productivity enhancing stuff. And 1155 00:52:44,360 --> 00:52:47,319 Speaker 12: we'll only to point to a point but there's good 1156 00:52:47,480 --> 00:52:49,840 Speaker 12: stuff there. In this case, we didn't do that. The 1157 00:52:49,920 --> 00:52:51,920 Speaker 12: last administration ran it up on the credit card and 1158 00:52:51,960 --> 00:52:54,480 Speaker 12: for daily living expenses. That's why we've got nothing to 1159 00:52:54,560 --> 00:52:57,480 Speaker 12: show with better schools, hospitals or roads. We've got to 1160 00:52:57,600 --> 00:52:59,640 Speaker 12: change that course. We've got to find a pathway to 1161 00:52:59,640 --> 00:53:02,520 Speaker 12: get us off to a surplus, because that's importance that 1162 00:53:02,560 --> 00:53:05,680 Speaker 12: we've got future capacity should something be for New Zealand, 1163 00:53:05,680 --> 00:53:08,319 Speaker 12: that we can deal with that issue. And we've got 1164 00:53:08,360 --> 00:53:09,640 Speaker 12: to get in shape. And that's why things like the 1165 00:53:09,719 --> 00:53:12,680 Speaker 12: Greens idea of more taxes, more borroing. You're hearing it 1166 00:53:12,719 --> 00:53:17,359 Speaker 12: from Thomas's piece over the weekend on I did yeah. Nurses, yeah, 1167 00:53:17,680 --> 00:53:21,160 Speaker 12: a pay cut, yes, under a greenness Greens budget. Yeah, 1168 00:53:21,520 --> 00:53:23,040 Speaker 12: and it's you know, and we've done a lot of 1169 00:53:23,120 --> 00:53:24,920 Speaker 12: work to actually lift nurse pay. I mean it's one 1170 00:53:25,040 --> 00:53:28,239 Speaker 12: hundred and twenty six thousand dollars including allowances, equal to 1171 00:53:28,320 --> 00:53:30,160 Speaker 12: pretty much what they get in New South Wales, which 1172 00:53:30,200 --> 00:53:32,200 Speaker 12: is a lot wealthier. But I mean that was just 1173 00:53:32,320 --> 00:53:35,879 Speaker 12: an absolute craziness and madness. But actually labors no better. 1174 00:53:36,280 --> 00:53:38,640 Speaker 12: They want to borrow more, tax more, spend more. You know, 1175 00:53:38,719 --> 00:53:40,680 Speaker 12: that's exactly where it is. We have to find a 1176 00:53:40,760 --> 00:53:43,719 Speaker 12: balance responsibly to get the books back in order over 1177 00:53:44,239 --> 00:53:47,760 Speaker 12: onto a pathway, but also make investments and also continue 1178 00:53:47,760 --> 00:53:49,319 Speaker 12: to reprioritize and make savings too. 1179 00:53:49,440 --> 00:53:50,960 Speaker 2: Okay, A couple of quick things out of last week 1180 00:53:51,040 --> 00:53:53,600 Speaker 2: is Jerry brownly letting the House down with that Privilegious 1181 00:53:53,600 --> 00:53:56,080 Speaker 2: Committee response that he gave to the House last week. 1182 00:53:56,760 --> 00:53:59,200 Speaker 2: Everyone gets to speak, everyone gets to have an amendment, 1183 00:53:59,280 --> 00:54:01,319 Speaker 2: everyone gets to speak to the amendment. I mean, what's 1184 00:54:01,400 --> 00:54:02,399 Speaker 2: that it's not stall Well. 1185 00:54:02,360 --> 00:54:05,879 Speaker 12: That is that that is actually protocol and that those 1186 00:54:05,960 --> 00:54:07,960 Speaker 12: are as I understand its standing orders and rules in 1187 00:54:08,000 --> 00:54:12,040 Speaker 12: the House. The bigger issue is that we discuss sensitive 1188 00:54:12,120 --> 00:54:15,000 Speaker 12: and difficult and emotional topics and that in that place 1189 00:54:15,520 --> 00:54:18,000 Speaker 12: the multi party are not getting penalized for Wayata and 1190 00:54:18,200 --> 00:54:21,440 Speaker 12: for Harker that happens a lot. They're getting penalized for 1191 00:54:21,480 --> 00:54:24,840 Speaker 12: breaking the rules, getting out of your seat, gestures, you know, 1192 00:54:25,239 --> 00:54:27,120 Speaker 12: disrupting a vote, all of that kind of stuff, and 1193 00:54:27,160 --> 00:54:29,640 Speaker 12: then not engaging with the Privileges Committee. We need to 1194 00:54:29,840 --> 00:54:31,520 Speaker 12: we need MP's are sent there by the people in 1195 00:54:31,520 --> 00:54:33,160 Speaker 12: New Zealand. They need to respect the rules of the 1196 00:54:33,200 --> 00:54:36,560 Speaker 12: place because otherwise it just evolves into absolute chaos and 1197 00:54:36,640 --> 00:54:39,120 Speaker 12: well last week and you low, well it wasn't great. 1198 00:54:39,239 --> 00:54:41,320 Speaker 12: I mean because I don't like it, because actually, you know, 1199 00:54:41,360 --> 00:54:44,680 Speaker 12: you got MPs talking about themselves and parliamentarians talking about themselves, 1200 00:54:44,719 --> 00:54:47,120 Speaker 12: and actually I try and stay above that fray because 1201 00:54:47,120 --> 00:54:48,719 Speaker 12: I want to focus on what New Zealand doesn't need 1202 00:54:48,800 --> 00:54:50,440 Speaker 12: us to do and at the moment they want us 1203 00:54:50,480 --> 00:54:53,279 Speaker 12: dealing with growing this economy and getting dealing with cost 1204 00:54:53,320 --> 00:54:53,600 Speaker 12: of living. 1205 00:54:53,840 --> 00:54:55,560 Speaker 2: Explain the logic of this to me. So there's an 1206 00:54:55,600 --> 00:54:57,440 Speaker 2: article in the paper over the weekend of one roof 1207 00:54:57,719 --> 00:54:59,920 Speaker 2: there's a penthouse for sailed downtown to Aukland for seventeen 1208 00:55:00,000 --> 00:55:02,759 Speaker 2: million dollars. It's been on the mark a few years now. 1209 00:55:03,000 --> 00:55:05,719 Speaker 2: No one here wants it. Clearly, why can't somebody buying it? 1210 00:55:07,920 --> 00:55:10,560 Speaker 2: Why can't somebody from offshore by it? 1211 00:55:11,120 --> 00:55:12,759 Speaker 12: Well, I mean you know our position on that. 1212 00:55:12,840 --> 00:55:13,200 Speaker 16: I do not. 1213 00:55:13,640 --> 00:55:15,720 Speaker 12: The National Party has a strong view that you should 1214 00:55:15,719 --> 00:55:16,319 Speaker 12: be able to buy. 1215 00:55:16,800 --> 00:55:19,239 Speaker 2: Have you made any progress with Peters at all on this? 1216 00:55:19,440 --> 00:55:21,359 Speaker 2: And if you haven't, why don't you call them out? 1217 00:55:21,719 --> 00:55:23,600 Speaker 12: Well, again, we still have a we still have a 1218 00:55:23,640 --> 00:55:25,200 Speaker 12: conversation going with it. I know that's not the answer 1219 00:55:25,200 --> 00:55:26,520 Speaker 12: you want to hear because you've give me a grief 1220 00:55:26,560 --> 00:55:29,160 Speaker 12: on the seats every time. But but if you're looking 1221 00:55:29,200 --> 00:55:31,920 Speaker 12: to pull every leader you can to get this economy going, yep, 1222 00:55:32,120 --> 00:55:34,520 Speaker 12: surely that is a lever you can puss one of 1223 00:55:34,520 --> 00:55:34,879 Speaker 12: the levers. 1224 00:55:35,000 --> 00:55:37,520 Speaker 2: Welcome to New Zealand, have a golden visa. And by 1225 00:55:37,560 --> 00:55:40,120 Speaker 2: the way, there's a penthouse there for yours for seven 1226 00:55:40,120 --> 00:55:43,040 Speaker 2: to or for nine million pounds, snap it up. 1227 00:55:43,080 --> 00:55:44,879 Speaker 12: I think you know we probably got the cap too 1228 00:55:44,960 --> 00:55:46,880 Speaker 12: low last time when we went to the election campaign 1229 00:55:47,080 --> 00:55:49,239 Speaker 12: we said were two million dollars. I think you could 1230 00:55:49,280 --> 00:55:51,279 Speaker 12: lift that, you know, quite reasonably to five or six. 1231 00:55:51,680 --> 00:55:54,440 Speaker 2: You have you in your negotiations? Sorry, have you and 1232 00:55:54,520 --> 00:55:58,520 Speaker 2: your negotiations five? And would you be looking to make 1233 00:55:58,520 --> 00:56:01,799 Speaker 2: an announcement on this sometimes I'm not sure we will. 1234 00:56:01,840 --> 00:56:03,200 Speaker 12: We've got it, we've got a better work to do it. 1235 00:56:03,239 --> 00:56:06,160 Speaker 12: So you're losing still Peter's is beating you up on that. No, no, well, 1236 00:56:06,200 --> 00:56:07,799 Speaker 12: I mean, let's be clear, we've got two issues. One 1237 00:56:07,920 --> 00:56:10,440 Speaker 12: is extending the superannuation age sixty seven, which I think 1238 00:56:10,480 --> 00:56:12,399 Speaker 12: also makes great sense, and that given the key he's 1239 00:56:12,480 --> 00:56:15,360 Speaker 12: living longer. But that's not palatable to labor and all 1240 00:56:15,400 --> 00:56:17,840 Speaker 12: New Zeland first, and we've had an issue with respect 1241 00:56:17,920 --> 00:56:19,560 Speaker 12: to you know, foreign by about I just think if 1242 00:56:19,560 --> 00:56:22,320 Speaker 12: you're a chief technology officer from San Francisco and you 1243 00:56:22,400 --> 00:56:24,160 Speaker 12: want to spend some of your months here in His 1244 00:56:24,239 --> 00:56:26,280 Speaker 12: Zealand because you've got an investment in a tech company 1245 00:56:26,320 --> 00:56:29,160 Speaker 12: here that's helping you Islanders grow, then you should be 1246 00:56:29,200 --> 00:56:29,600 Speaker 12: able to do that. 1247 00:56:29,840 --> 00:56:32,480 Speaker 2: Yes, you should. Why can't Peter's understand that he's in 1248 00:56:32,560 --> 00:56:33,600 Speaker 2: a phope because that's the problem. 1249 00:56:33,680 --> 00:56:35,200 Speaker 12: Well, I don't know. I mean, he's got a long 1250 00:56:35,280 --> 00:56:37,680 Speaker 12: standing position. He just has been against it. We are 1251 00:56:37,760 --> 00:56:40,319 Speaker 12: in conversation with him and his office as we've been 1252 00:56:40,400 --> 00:56:43,600 Speaker 12: doing our proposals to lift the threshold a lot more. 1253 00:56:43,840 --> 00:56:46,319 Speaker 12: We think that would be important ultimately someone we got 1254 00:56:46,400 --> 00:56:48,480 Speaker 12: to work through. Okay, Well, so you don't always get 1255 00:56:48,480 --> 00:56:50,320 Speaker 12: what you want in a colition government, right, Well you 1256 00:56:50,360 --> 00:56:51,320 Speaker 12: would if I was running it. 1257 00:56:53,360 --> 00:56:56,040 Speaker 2: I'd like to see that have a good budget, appreciate it. 1258 00:56:56,120 --> 00:56:57,399 Speaker 2: Twelve minutes away from eight. 1259 00:56:58,680 --> 00:57:03,160 Speaker 1: The Hosking Breakfast Full Show podcast on iHeartRadio now ad 1260 00:57:03,200 --> 00:57:03,800 Speaker 1: By News. 1261 00:57:03,640 --> 00:57:06,920 Speaker 2: Talks at be Mike, looking forward to you talk with 1262 00:57:06,960 --> 00:57:09,320 Speaker 2: the Prime Minister next Monday to explain why they've borrowed 1263 00:57:09,320 --> 00:57:11,279 Speaker 2: all this money for the budget spent. They better not 1264 00:57:11,600 --> 00:57:13,600 Speaker 2: have borrowed a tremendous amount of money. 1265 00:57:13,680 --> 00:57:14,920 Speaker 21: It sounds like they're going to be. 1266 00:57:15,239 --> 00:57:19,760 Speaker 2: It's don't rack me up, Lynn, because if they're just 1267 00:57:19,920 --> 00:57:22,320 Speaker 2: going to be another labor government that they'll argue one 1268 00:57:22,360 --> 00:57:24,200 Speaker 2: of a couple of things. One they found savings. I 1269 00:57:24,360 --> 00:57:27,760 Speaker 2: hope to god they've found savings. If they are borrowing money, 1270 00:57:27,800 --> 00:57:29,520 Speaker 2: they're going to do the well, we're going to borrow 1271 00:57:29,600 --> 00:57:31,919 Speaker 2: money because this is for investment, this is for growth 1272 00:57:32,160 --> 00:57:35,400 Speaker 2: in theory. I'm not against that, never have been. But 1273 00:57:35,600 --> 00:57:38,080 Speaker 2: given what they owe currently and the bill on the 1274 00:57:38,240 --> 00:57:42,320 Speaker 2: interest alone is nine billion dollars and climbing and it 1275 00:57:42,360 --> 00:57:44,480 Speaker 2: will be ten before you know it, before it's eleven, 1276 00:57:45,800 --> 00:57:48,320 Speaker 2: just the interest on the bill. Then I've got issues 1277 00:57:48,360 --> 00:57:50,760 Speaker 2: with that, Mike, where I knew someone would Texas. Where 1278 00:57:50,800 --> 00:57:52,800 Speaker 2: the hell does mister Luxeon get that figure for a 1279 00:57:52,880 --> 00:57:55,120 Speaker 2: nurse's salary. My wife is a senior nurse and I 1280 00:57:55,200 --> 00:57:58,800 Speaker 2: can guarantee you it isn't anything close to that. You're wrong, 1281 00:57:59,760 --> 00:58:01,040 Speaker 2: and I'll explain more in the moment. 1282 00:58:01,040 --> 00:58:05,080 Speaker 1: At eight to eight, the Make Hosking Breakfast with Vita 1283 00:58:05,200 --> 00:58:07,520 Speaker 1: Retirement Communities News Talks head bes. 1284 00:58:07,480 --> 00:58:09,960 Speaker 2: Right as regards nurses. Go to Thomas Cogler's piece over 1285 00:58:10,040 --> 00:58:12,960 Speaker 2: the weekend, the Primates have been talking about nurses in 1286 00:58:13,000 --> 00:58:16,080 Speaker 2: this country paying on average about the earning about the 1287 00:58:16,160 --> 00:58:18,040 Speaker 2: same as a person in New South Wales. So this 1288 00:58:18,120 --> 00:58:20,120 Speaker 2: whole debate, I'm going to Australia who earn more money. 1289 00:58:20,160 --> 00:58:23,320 Speaker 2: It's no longer the case according to Thomas's Peace and 1290 00:58:23,400 --> 00:58:25,160 Speaker 2: thin these are from the Stats Department. You can't argue 1291 00:58:25,160 --> 00:58:29,080 Speaker 2: with them. There are in excess of ten thousand nurses 1292 00:58:29,160 --> 00:58:31,520 Speaker 2: in this country who earn about one hundred and twenty 1293 00:58:31,560 --> 00:58:34,720 Speaker 2: five thousand dollars a year, and that does not include 1294 00:58:35,320 --> 00:58:37,880 Speaker 2: over time and shift allowances and all the extras. So 1295 00:58:38,160 --> 00:58:41,920 Speaker 2: ten thousand nurses in this country earn in excess of 1296 00:58:42,360 --> 00:58:44,920 Speaker 2: one hundred and twenty five thousand dollars. Plus on top 1297 00:58:44,960 --> 00:58:47,120 Speaker 2: of that you can do your overtime and your shift allowances, 1298 00:58:47,120 --> 00:58:50,360 Speaker 2: et cetera. So that's good money. The point of Thomas's Peace, 1299 00:58:50,400 --> 00:58:53,080 Speaker 2: which was very good, is that under the Green's budget, 1300 00:58:53,160 --> 00:58:56,960 Speaker 2: with their gargantuane amount of taxation, even nurses get a 1301 00:58:57,000 --> 00:58:59,760 Speaker 2: pay cut. So that may well surprise you. So when 1302 00:58:59,800 --> 00:59:01,360 Speaker 2: Peace go, well, where does he get the figure from 1303 00:59:01,440 --> 00:59:03,200 Speaker 2: he gets the figure from the stats department, and the 1304 00:59:03,240 --> 00:59:05,160 Speaker 2: stats department don't lie. 1305 00:59:05,960 --> 00:59:06,320 Speaker 1: Sport. 1306 00:59:07,400 --> 00:59:07,960 Speaker 3: What have we got. 1307 00:59:08,040 --> 00:59:11,400 Speaker 2: We've got Auckland afs Auckland FC. So they got one. 1308 00:59:11,480 --> 00:59:13,880 Speaker 2: I'm assuming the one is worth two because it's an 1309 00:59:13,880 --> 00:59:16,120 Speaker 2: away goal. I'm assuming those rules apply here as they 1310 00:59:16,200 --> 00:59:18,960 Speaker 2: do in Europe. So that's the good news. And we've 1311 00:59:18,960 --> 00:59:20,680 Speaker 2: got to deal with the rugby more one and Pacific 1312 00:59:21,080 --> 00:59:23,880 Speaker 2: dealing turning out to be something quite special. Liam. We 1313 00:59:24,040 --> 00:59:26,080 Speaker 2: need to focus on this morning, so there's plenty of 1314 00:59:26,080 --> 00:59:30,000 Speaker 2: sport around to talk about. Jason and sev in the commentary. 1315 00:59:29,600 --> 00:59:32,040 Speaker 12: Box after the news which is next year at News 1316 00:59:32,120 --> 00:59:33,680 Speaker 12: Talk Sedbo. 1317 00:59:34,160 --> 00:59:40,120 Speaker 1: Mike hoskame insightful, engaging and vitally the Mic Hosking breakfast 1318 00:59:40,320 --> 00:59:43,760 Speaker 1: with the range Rover, the LA designed to intrigue and 1319 00:59:43,960 --> 00:59:44,400 Speaker 1: use talks. 1320 00:59:44,560 --> 00:59:52,160 Speaker 22: D B sprung its run run, come in. 1321 00:59:52,240 --> 00:59:56,800 Speaker 4: The Highlanders absolutely devastated and out on their feet. 1322 00:59:57,000 --> 00:59:57,640 Speaker 1: The hurricane. 1323 00:59:57,640 --> 01:00:02,000 Speaker 3: They've got home here at sky Stadium, the Crusaders forty 1324 01:00:02,080 --> 01:00:05,120 Speaker 3: eight thirty three. I've done the job in Sydney. 1325 01:00:06,040 --> 01:00:10,360 Speaker 17: What a pacifica speak the Blues for the third time 1326 01:00:10,440 --> 01:00:11,280 Speaker 17: in their history. 1327 01:00:12,640 --> 01:00:14,160 Speaker 11: What a game at. 1328 01:00:14,120 --> 01:00:17,479 Speaker 2: Full time They've taken down the Dolphins at. 1329 01:00:17,480 --> 01:00:21,640 Speaker 12: Suncorp Stadium sixteen points to twelve. 1330 01:00:22,280 --> 01:00:26,440 Speaker 23: In all of this, they create another first Our Finals 1331 01:00:26,480 --> 01:00:28,919 Speaker 23: win at the first time of asking, and they keep 1332 01:00:28,960 --> 01:00:32,479 Speaker 23: Melbourne victory scoreless for a third straight game. 1333 01:00:33,480 --> 01:00:36,960 Speaker 1: The Monday Morning commentary barks on the Mike Husking breakfast 1334 01:00:37,120 --> 01:00:41,000 Speaker 1: with Spears Finance, supporting Kiwi businesses with finance solutions for 1335 01:00:41,120 --> 01:00:42,080 Speaker 1: over fifty years. 1336 01:00:42,200 --> 01:00:44,680 Speaker 2: It as I passed out Jason Pine and Andrew Sevil, 1337 01:00:44,760 --> 01:00:47,320 Speaker 2: both with US fellows, Good morning to you, him I 1338 01:00:48,440 --> 01:00:50,280 Speaker 2: Indy or if one for the weekend. 1339 01:00:50,400 --> 01:00:56,240 Speaker 17: Andrew probably if one because it's only well, when I 1340 01:00:56,320 --> 01:00:58,919 Speaker 17: say only, it's only practice and qualifying for Ruindy, isn't 1341 01:00:58,920 --> 01:01:04,000 Speaker 17: it too mess of crashes? For Kiwi's Marcus Armstrom was 1342 01:01:04,040 --> 01:01:07,520 Speaker 17: a yesterday. Scott mcglotson just this morning. Thankfully, both are 1343 01:01:07,600 --> 01:01:11,280 Speaker 17: okay close to four hundred three fifty four hundred ks 1344 01:01:11,320 --> 01:01:11,560 Speaker 17: an hour. 1345 01:01:12,640 --> 01:01:15,160 Speaker 2: I was doing average. I was watching yesterday. They're practicing 1346 01:01:15,240 --> 01:01:17,640 Speaker 2: their four laps, So to qualify, you do a four 1347 01:01:17,760 --> 01:01:21,360 Speaker 2: lap average and the average, a good average is three 1348 01:01:21,480 --> 01:01:26,520 Speaker 2: hundred and seventy five kilometers and our average, they're crazy, 1349 01:01:26,680 --> 01:01:30,160 Speaker 2: You're so close to literally just sliding out or flying 1350 01:01:30,240 --> 01:01:32,080 Speaker 2: off the or whatever the case. I was just saying 1351 01:01:32,120 --> 01:01:34,320 Speaker 2: to somebody off there, I'm pretty sure you can't have 1352 01:01:34,440 --> 01:01:38,680 Speaker 2: a crash in Indy without basically destroying your car. 1353 01:01:39,720 --> 01:01:43,160 Speaker 17: Pretty well that speed, yes, and yes, they're only well 1354 01:01:43,560 --> 01:01:46,960 Speaker 17: they're turning left right, left, left, left, lip left, but 1355 01:01:47,240 --> 01:01:52,760 Speaker 17: at that speed, any any any infantiesimal ad judgment of 1356 01:01:52,840 --> 01:01:56,280 Speaker 17: the steering wheel or the wheels, you're gone right and 1357 01:01:56,400 --> 01:02:00,280 Speaker 17: then in the race you've got cars all around you. Obviously, Yeah, 1358 01:02:00,280 --> 01:02:02,240 Speaker 17: it's quite amazing what they do. Remember talking to Scott 1359 01:02:02,280 --> 01:02:05,479 Speaker 17: Dixon years ago, I think the Texas Motor Speedway, maybe 1360 01:02:05,520 --> 01:02:08,080 Speaker 17: the fastest track or one of those ovals, and he said, 1361 01:02:08,120 --> 01:02:11,520 Speaker 17: you're at a point almost where time stands still or 1362 01:02:11,600 --> 01:02:12,320 Speaker 17: you black out. 1363 01:02:12,920 --> 01:02:15,720 Speaker 2: It's amazing. Eh, Yeah, the g's on you. And and 1364 01:02:15,840 --> 01:02:18,160 Speaker 2: funny enough, I took Scott mcglockin about very same thing. 1365 01:02:18,400 --> 01:02:23,160 Speaker 2: The point you're looking forward to is so ridiculously far 1366 01:02:23,320 --> 01:02:27,320 Speaker 2: ahead that it just it comes up. That's how far 1367 01:02:27,400 --> 01:02:30,360 Speaker 2: you have to otherwise your head would explode by the 1368 01:02:30,400 --> 01:02:32,080 Speaker 2: time you're just looking for corners and stuff like that. 1369 01:02:32,160 --> 01:02:35,960 Speaker 2: It's that unbelievable. So in many respects it's more dangerous 1370 01:02:36,800 --> 01:02:40,080 Speaker 2: and more skilled than if one if you think about it, 1371 01:02:40,120 --> 01:02:43,280 Speaker 2: because you're certainly going faster plus the field, plus the banking, 1372 01:02:43,360 --> 01:02:45,360 Speaker 2: plus the oval, plus you know all the other stuff 1373 01:02:45,400 --> 01:02:45,680 Speaker 2: that goes. 1374 01:02:46,120 --> 01:02:47,680 Speaker 3: Yes, yep, it's amazing. 1375 01:02:47,840 --> 01:02:49,440 Speaker 2: Do you see this morning z F one, Jason. 1376 01:02:50,280 --> 01:02:51,840 Speaker 21: I had a wee look at it, Mike. 1377 01:02:51,960 --> 01:02:55,120 Speaker 24: I was quite interested to see how Liam Lawson was going, 1378 01:02:55,240 --> 01:02:57,880 Speaker 24: and I must admit it wasn't a surprise when I 1379 01:02:58,040 --> 01:02:59,240 Speaker 24: found he was fourteenth. 1380 01:03:00,080 --> 01:03:02,080 Speaker 21: As I think we said last week, I think this is. 1381 01:03:02,080 --> 01:03:05,680 Speaker 24: What we have to expect from Liam in this racing 1382 01:03:05,760 --> 01:03:07,680 Speaker 24: bulls car is going to be in the teens most 1383 01:03:07,720 --> 01:03:08,200 Speaker 24: of the time. 1384 01:03:08,720 --> 01:03:10,959 Speaker 21: Of course, we'd love to see him get a point 1385 01:03:11,000 --> 01:03:11,800 Speaker 21: at some stage. 1386 01:03:12,520 --> 01:03:15,880 Speaker 24: The stepping again a genius McLaren of the fastest cars 1387 01:03:16,200 --> 01:03:18,720 Speaker 24: second and third, but Max the step and just a 1388 01:03:18,840 --> 01:03:19,840 Speaker 24: generational driver. 1389 01:03:21,040 --> 01:03:22,960 Speaker 21: Top of the podium again. So you're looking forward to 1390 01:03:23,040 --> 01:03:23,880 Speaker 21: Indie next Monday. 1391 01:03:23,960 --> 01:03:26,400 Speaker 24: Always enjoyable and yeah it's gotta McGlocklin won't get the 1392 01:03:26,480 --> 01:03:29,480 Speaker 24: chance to feature in the top twelve qualified session that's 1393 01:03:29,520 --> 01:03:31,880 Speaker 24: on at the moment, isn't it. But yeah, race properit 1394 01:03:31,920 --> 01:03:35,040 Speaker 24: next Monday. It's hope he's in better neck. But you're 1395 01:03:35,080 --> 01:03:37,120 Speaker 24: right that the margins are so small for error, so 1396 01:03:37,200 --> 01:03:39,040 Speaker 24: you wouldn't want to you wouldn't. I mean, if you're 1397 01:03:39,040 --> 01:03:40,960 Speaker 24: blacking out at three hundred and seventy five K, I'm 1398 01:03:40,960 --> 01:03:41,880 Speaker 24: not sure that's a great look. 1399 01:03:42,000 --> 01:03:44,320 Speaker 3: No, it is. At least Lawson's keeping his car on 1400 01:03:44,400 --> 01:03:44,800 Speaker 3: the track. 1401 01:03:45,360 --> 01:03:46,000 Speaker 12: Yeah, he is. 1402 01:03:46,160 --> 01:03:48,680 Speaker 2: But my problem is there are three Red Bull drivers's 1403 01:03:48,680 --> 01:03:52,560 Speaker 2: scored points this morning and he isn't one of them. Yeah, 1404 01:03:53,080 --> 01:03:55,120 Speaker 2: so seventy five percent of the team scores a point 1405 01:03:55,280 --> 01:03:57,400 Speaker 2: he didn't, and he didn't. I mean you can argue 1406 01:03:57,400 --> 01:03:59,720 Speaker 2: he got bad luck with the red light, you know, 1407 01:03:59,800 --> 01:04:01,280 Speaker 2: with red flag and all that sort of stuff, But 1408 01:04:01,320 --> 01:04:03,160 Speaker 2: you put a banker in early so that you don't 1409 01:04:03,360 --> 01:04:04,760 Speaker 2: just in case you do get caught, and had you 1410 01:04:04,880 --> 01:04:05,920 Speaker 2: did that? So how come had you? 1411 01:04:06,600 --> 01:04:09,439 Speaker 17: It just seems to be something new that's going wrong, 1412 01:04:09,480 --> 01:04:14,160 Speaker 17: whether it's the mechanics of the car, whether it's something 1413 01:04:14,200 --> 01:04:16,200 Speaker 17: else that's happened on the truck, whether it's just a 1414 01:04:16,320 --> 01:04:17,840 Speaker 17: track rather, whether it's just bad luck. 1415 01:04:17,960 --> 01:04:22,040 Speaker 2: Yeah, Jason, we're done, an't we AUK see? So the 1416 01:04:22,120 --> 01:04:24,920 Speaker 2: win next weekend? It is, I'm right hand. It's two goals, 1417 01:04:24,960 --> 01:04:26,920 Speaker 2: so in away goal is worth twice as that is 1418 01:04:26,960 --> 01:04:28,160 Speaker 2: that the rule's. 1419 01:04:27,720 --> 01:04:28,160 Speaker 1: Not what. 1420 01:04:30,240 --> 01:04:30,880 Speaker 11: Stupid rule? 1421 01:04:31,760 --> 01:04:33,400 Speaker 21: I know, the away goals. I think it was too 1422 01:04:33,480 --> 01:04:35,000 Speaker 21: confusing for people, Mike. 1423 01:04:34,920 --> 01:04:36,440 Speaker 2: So they confusing about. 1424 01:04:38,720 --> 01:04:41,360 Speaker 3: What about Champions League and that, Jason, but they still 1425 01:04:41,440 --> 01:04:42,320 Speaker 3: have more. 1426 01:04:43,880 --> 01:04:44,080 Speaker 14: Yeah. 1427 01:04:44,480 --> 01:04:47,600 Speaker 24: So yes, it varies from competition to competition, but down 1428 01:04:47,680 --> 01:04:51,600 Speaker 24: here we need to forget all about it. So for example, 1429 01:04:51,840 --> 01:04:56,640 Speaker 24: if Melbourne Victory were to win one nil on Saturday night, 1430 01:04:56,720 --> 01:04:58,040 Speaker 24: that would be a drawer. If they would have win 1431 01:04:58,080 --> 01:05:00,360 Speaker 24: two nil, they would go through. Look, I think Auckland 1432 01:05:00,480 --> 01:05:03,400 Speaker 24: FC will win at go Media Stadium on Saturday night. 1433 01:05:03,600 --> 01:05:08,120 Speaker 24: I think they were very, very very good in Melbourne. 1434 01:05:08,160 --> 01:05:10,160 Speaker 24: That's three games in a row. They haven't let Melbourne, 1435 01:05:10,200 --> 01:05:12,160 Speaker 24: one of the best attacking sides in the com score 1436 01:05:12,200 --> 01:05:14,720 Speaker 24: a goal thirty thousand at the stadium. 1437 01:05:14,800 --> 01:05:17,440 Speaker 21: This coming Saturday, they'll win that game. They'll host the 1438 01:05:17,520 --> 01:05:20,000 Speaker 21: Grand Final. This journey just continues. 1439 01:05:20,000 --> 01:05:22,880 Speaker 2: Okay, Well, two quick questions. If it's one all, what happens? 1440 01:05:22,920 --> 01:05:26,760 Speaker 24: Then extra time? Fifteen minutes of extra time each way? 1441 01:05:26,880 --> 01:05:29,960 Speaker 24: Then a shootout, still level of penalty shootout. 1442 01:05:30,120 --> 01:05:31,160 Speaker 2: All love a shootout. 1443 01:05:31,360 --> 01:05:35,240 Speaker 17: I'd love a shootout, Joseph, you have seen I think 1444 01:05:35,240 --> 01:05:37,520 Speaker 17: it was Moreno near the end he hit one post 1445 01:05:37,840 --> 01:05:40,120 Speaker 17: on the other post out Have you ever seen that 1446 01:05:40,240 --> 01:05:40,840 Speaker 17: happen before? 1447 01:05:41,000 --> 01:05:43,480 Speaker 21: No, I haven't defied the laws of physics. 1448 01:05:44,040 --> 01:05:46,560 Speaker 24: It was almost it was a triangle, wasn't it one post, 1449 01:05:46,640 --> 01:05:48,520 Speaker 24: other post and then back to the keeper. Yeah, how 1450 01:05:48,560 --> 01:05:50,440 Speaker 24: it didn't go and I don't know had it gone? 1451 01:05:50,480 --> 01:05:53,280 Speaker 24: And then I think we can we can start planning 1452 01:05:53,320 --> 01:05:55,440 Speaker 24: for the Grand Final. Two nils, a big lead, one 1453 01:05:55,560 --> 01:05:57,520 Speaker 24: nill you know, Melbourne Victory, get a bit of wind 1454 01:05:57,520 --> 01:05:58,960 Speaker 24: in their sales, get an early goal and all of 1455 01:05:59,000 --> 01:05:59,720 Speaker 24: a sudden it's all on. 1456 01:05:59,840 --> 01:06:02,160 Speaker 17: But I'm sure you've seen that sort of thing before, mate. 1457 01:06:02,320 --> 01:06:04,320 Speaker 17: Was it Canterbury under twelves at English Park? 1458 01:06:05,320 --> 01:06:07,520 Speaker 3: Two left feet? My ability to hit them? 1459 01:06:07,720 --> 01:06:09,480 Speaker 2: Yeah, I don't want to skype, but I hit all 1460 01:06:09,560 --> 01:06:13,640 Speaker 2: three so left right and at the top the who 1461 01:06:13,720 --> 01:06:15,920 Speaker 2: are we playing? Jason? I mean who are we likely 1462 01:06:16,000 --> 01:06:16,760 Speaker 2: to play in the final? 1463 01:06:17,600 --> 01:06:19,480 Speaker 24: In the in the final and the other side call 1464 01:06:19,520 --> 01:06:22,400 Speaker 24: Melbourne City in their first leg of their semi won 1465 01:06:22,560 --> 01:06:24,480 Speaker 24: three nil, so that's got a big. 1466 01:06:26,400 --> 01:06:28,640 Speaker 21: Melbourne City are the likely opponents. 1467 01:06:28,720 --> 01:06:30,920 Speaker 2: Okay, brief break more in a moment Andrewsvil Jason Pine 1468 01:06:31,000 --> 01:06:32,640 Speaker 2: thirteen past the. 1469 01:06:32,800 --> 01:06:37,040 Speaker 1: Mic Hosking breakfast full show podcast on iHeartRadio cow It 1470 01:06:37,160 --> 01:06:37,960 Speaker 1: by News Talk. 1471 01:06:37,880 --> 01:06:40,880 Speaker 2: Zippy News Talk Zippy sixteen past eight. 1472 01:06:47,280 --> 01:06:51,440 Speaker 1: Jeez, the Monday Morning commentary barks on the Mic Hosking 1473 01:06:51,520 --> 01:06:55,880 Speaker 1: Breakfast with Spears Finance, supporting Kiwi businesses with finance solutions 1474 01:06:56,080 --> 01:06:57,160 Speaker 1: for over fifty years. 1475 01:06:57,400 --> 01:07:00,440 Speaker 2: The Tevil Jason Pine with us said the thought. 1476 01:07:00,360 --> 01:07:05,360 Speaker 3: I thought fat cheek could cut me off. Are you 1477 01:07:05,440 --> 01:07:06,520 Speaker 3: pushing the buttons yourself? 1478 01:07:06,640 --> 01:07:07,280 Speaker 4: These days. 1479 01:07:08,920 --> 01:07:11,360 Speaker 2: To be different? If I was pushing them the Warriors, 1480 01:07:12,240 --> 01:07:13,480 Speaker 2: I mean, what do you say? I mean, You've got 1481 01:07:13,520 --> 01:07:15,520 Speaker 2: to be serious about this though, don't you say? I mean, 1482 01:07:15,600 --> 01:07:17,200 Speaker 2: you know, for all the fun you might make it, 1483 01:07:17,600 --> 01:07:20,120 Speaker 2: this is a proper side, isn't it. It's like you 1484 01:07:20,240 --> 01:07:22,600 Speaker 2: can't argue with the results we are right. 1485 01:07:22,560 --> 01:07:25,080 Speaker 17: There, yeah, sort the tail end of that game and 1486 01:07:25,120 --> 01:07:28,880 Speaker 17: the way they held out the Dolphins. There's a lot 1487 01:07:28,920 --> 01:07:31,600 Speaker 17: of spirit in this team. I heard the comment the 1488 01:07:31,680 --> 01:07:34,200 Speaker 17: other day when James Fisher Harris is your captain and 1489 01:07:34,280 --> 01:07:36,840 Speaker 17: he's playing, there's nowhere in the world you'd want to lose, right. 1490 01:07:37,040 --> 01:07:40,400 Speaker 2: No, I knew Fisher Harris shouldn't have been sent off. 1491 01:07:40,440 --> 01:07:42,439 Speaker 2: And I'm getting a lot of grief even from people 1492 01:07:42,520 --> 01:07:44,640 Speaker 2: I would have some of the tougher guys around ZB 1493 01:07:44,720 --> 01:07:46,360 Speaker 2: and I know that's a weird thing to say tough 1494 01:07:46,440 --> 01:07:48,320 Speaker 2: and z B, but but there's you know, and I'm 1495 01:07:48,360 --> 01:07:50,120 Speaker 2: going Fisher hair shouldn't have been sent off and they're going, 1496 01:07:50,200 --> 01:07:50,440 Speaker 2: oh you. 1497 01:07:50,520 --> 01:07:53,840 Speaker 3: Think the shoulder Clemp've clemp right down on. 1498 01:07:54,240 --> 01:07:58,520 Speaker 2: Yeah, But you know, I ran into them the defense. 1499 01:07:58,760 --> 01:08:00,960 Speaker 17: I know a hardkom about this every week, but defense 1500 01:08:01,080 --> 01:08:03,760 Speaker 17: is about systems and about attitude, and they're defending very 1501 01:08:03,800 --> 01:08:05,960 Speaker 17: well and also the winning games. 1502 01:08:06,360 --> 01:08:09,320 Speaker 3: In the past they would have lost corecked those tight games. 1503 01:08:09,400 --> 01:08:13,280 Speaker 2: So that Dolphins comeback that was very Warriors of Old, 1504 01:08:13,400 --> 01:08:15,800 Speaker 2: wasn't it, And they sort of ran out of time 1505 01:08:15,920 --> 01:08:18,200 Speaker 2: and kind of we're always going to fall short and 1506 01:08:18,439 --> 01:08:20,720 Speaker 2: we're just in a different league, Jason. These days we're 1507 01:08:20,800 --> 01:08:22,759 Speaker 2: like we are the real deal. 1508 01:08:23,400 --> 01:08:26,360 Speaker 24: Yep, winning the tight ones, which last year we weren't doing. 1509 01:08:27,479 --> 01:08:29,639 Speaker 24: I do worry a bit about the Raiders on Sunday 1510 01:08:29,640 --> 01:08:32,719 Speaker 24: for a couple of reasons. The co captains are the reasons. 1511 01:08:32,800 --> 01:08:36,000 Speaker 24: James Fisher Harris, whether or not he deserves the yeah, 1512 01:08:37,200 --> 01:08:39,880 Speaker 24: and Mitch Barnett's been named in the new South Wales 1513 01:08:40,000 --> 01:08:42,720 Speaker 24: Origin team, so he won't be there either. So the 1514 01:08:42,800 --> 01:08:45,280 Speaker 24: two co captains. Looks like Kurk cape Well won't be 1515 01:08:45,360 --> 01:08:48,360 Speaker 24: called up by Queensland. If he was going to be, 1516 01:08:48,400 --> 01:08:50,280 Speaker 24: he would have stayed over there. He got on a 1517 01:08:50,320 --> 01:08:53,679 Speaker 24: plane back home last night or yesterday with the team. 1518 01:08:53,840 --> 01:08:57,960 Speaker 24: So look Ravenes for Vegas this coming Sunday. What will 1519 01:08:58,000 --> 01:09:00,640 Speaker 24: be a jumping go Media ge a weekend at co 1520 01:09:00,760 --> 01:09:04,719 Speaker 24: Media Stadium Football Saturday League Sunday. But without the co captains, 1521 01:09:04,920 --> 01:09:06,880 Speaker 24: maybe it sets them back a bit, but they found 1522 01:09:06,960 --> 01:09:09,120 Speaker 24: a way a lot of times this year. Mike, I 1523 01:09:09,560 --> 01:09:11,280 Speaker 24: wouldn't put it past them to go six on the 1524 01:09:11,320 --> 01:09:12,519 Speaker 24: trot against the Raiders. 1525 01:09:12,600 --> 01:09:14,760 Speaker 2: I wouldn't put it past them either, And I don't 1526 01:09:14,800 --> 01:09:17,200 Speaker 2: have any worries about Fisher, Harrison all those sort of things. 1527 01:09:17,280 --> 01:09:18,160 Speaker 2: Now I'm sad. 1528 01:09:18,760 --> 01:09:20,840 Speaker 3: Can we make special Yeah? Can we make special mention 1529 01:09:20,920 --> 01:09:21,760 Speaker 3: of Artie sat there? 1530 01:09:22,120 --> 01:09:28,040 Speaker 2: Wow? Yeah, he's fantastic. He's a generational player, isn't he. 1531 01:09:28,080 --> 01:09:29,360 Speaker 2: There's something magical about him. 1532 01:09:29,840 --> 01:09:30,240 Speaker 3: Yeah, I know. 1533 01:09:30,320 --> 01:09:32,479 Speaker 17: In the commentary, our old mate Tony Johnson said it's 1534 01:09:32,520 --> 01:09:34,760 Speaker 17: one of the great individual performances he's ever seen in 1535 01:09:34,800 --> 01:09:35,280 Speaker 17: Super Rape. 1536 01:09:35,280 --> 01:09:36,000 Speaker 3: I'd have to agree. 1537 01:09:36,080 --> 01:09:38,400 Speaker 17: You know, you had Jonah early on, you had McCaw 1538 01:09:38,520 --> 01:09:40,760 Speaker 17: and Carter and the heyday for the Crusaders putting in 1539 01:09:41,000 --> 01:09:45,639 Speaker 17: amazing performances. But this modern day performance from Ardie Savvey, 1540 01:09:45,720 --> 01:09:48,519 Speaker 17: it was just was just brilliant. I mean defensively the 1541 01:09:48,640 --> 01:09:51,000 Speaker 17: turnovers and then on attack he was punting the ball, 1542 01:09:51,080 --> 01:09:54,000 Speaker 17: he was chipping and chasing, he was making those signature 1543 01:09:54,080 --> 01:09:57,200 Speaker 17: barging runs. What he's done for this team and for 1544 01:09:57,280 --> 01:10:00,880 Speaker 17: this franchise is just out of this w But he's 1545 01:10:01,000 --> 01:10:03,160 Speaker 17: lifted a lot of the players around him that it's 1546 01:10:03,240 --> 01:10:06,160 Speaker 17: not it's not a true one man band. A lot 1547 01:10:06,240 --> 01:10:08,519 Speaker 17: of the players have lifted around him and they're playing 1548 01:10:08,600 --> 01:10:12,400 Speaker 17: very well also. And let's not forget Mike the hoops 1549 01:10:12,439 --> 01:10:15,120 Speaker 17: he had to jump through to get to Mowana when 1550 01:10:15,160 --> 01:10:18,000 Speaker 17: a lot of people in rugby, and especially at the 1551 01:10:18,080 --> 01:10:22,200 Speaker 17: top levels of rugby, there were threats that were innuendo. 1552 01:10:22,640 --> 01:10:25,439 Speaker 17: There was in the window rather passed about him going 1553 01:10:25,520 --> 01:10:27,679 Speaker 17: to this Mowana team and look what's happened. 1554 01:10:27,720 --> 01:10:28,400 Speaker 3: Look what he's done. 1555 01:10:29,240 --> 01:10:31,920 Speaker 2: Are the Blues done this side? Uh? 1556 01:10:32,000 --> 01:10:33,519 Speaker 17: Well, they've only got one more game. They've got the 1557 01:10:33,560 --> 01:10:35,439 Speaker 17: War Tars I think at Eden Park in a couple 1558 01:10:35,479 --> 01:10:37,000 Speaker 17: of weeks. They'd have to win that probably with the 1559 01:10:37,040 --> 01:10:39,200 Speaker 17: bonus point to have any chance of scraping him. 1560 01:10:39,560 --> 01:10:42,000 Speaker 21: Yeah, the problem for Mowana is they've got two tough. 1561 01:10:41,880 --> 01:10:44,360 Speaker 3: Games ways too local Darby's Yeah, yeah. 1562 01:10:44,640 --> 01:10:47,120 Speaker 21: Hurricane so but you wouldn't put a pass them after 1563 01:10:47,200 --> 01:10:49,160 Speaker 21: what they did the other day. You're so right about Artie. 1564 01:10:49,360 --> 01:10:52,680 Speaker 24: I mean, no one's a one man team, but he 1565 01:10:52,880 --> 01:10:56,719 Speaker 24: has almost single handedly lifted the fortunes of that team. 1566 01:10:56,760 --> 01:10:59,200 Speaker 24: They were, they were nowhere in the first couple of 1567 01:10:59,320 --> 01:11:01,519 Speaker 24: years of their life. Now here they are knocking on 1568 01:11:01,600 --> 01:11:04,000 Speaker 24: the on the door of the top six, and a 1569 01:11:04,240 --> 01:11:05,680 Speaker 24: huge part of that is down to him. 1570 01:11:05,920 --> 01:11:07,040 Speaker 21: Everybody around them playing well. 1571 01:11:07,040 --> 01:11:08,920 Speaker 24: I'll tell you what a lot of those guys in 1572 01:11:08,960 --> 01:11:11,599 Speaker 24: the Morner Pacific a team outplayed there. You know, they're 1573 01:11:11,640 --> 01:11:14,680 Speaker 24: much highly more highly credential opponents. The other night, that's right, 1574 01:11:14,720 --> 01:11:17,800 Speaker 24: that's right, Pony. The Blues look like a team that 1575 01:11:17,880 --> 01:11:18,920 Speaker 24: had just been shoved together. 1576 01:11:19,479 --> 01:11:19,679 Speaker 3: Yep. 1577 01:11:19,720 --> 01:11:22,680 Speaker 17: They looked completely out of sorts, and and you've got 1578 01:11:22,720 --> 01:11:25,160 Speaker 17: to give a lot of credit to Miana's defense for that. 1579 01:11:25,320 --> 01:11:27,559 Speaker 17: They were flying and the attack was left, right and center. 1580 01:11:27,760 --> 01:11:31,120 Speaker 17: But the Blues, and they're all black players, just looked flat, 1581 01:11:31,400 --> 01:11:32,200 Speaker 17: completely flat. 1582 01:11:32,439 --> 01:11:35,559 Speaker 2: Quick question on the netball save this new rule, whether 1583 01:11:35,760 --> 01:11:37,760 Speaker 2: the ring for the three point or extra point or 1584 01:11:37,760 --> 01:11:38,560 Speaker 2: whatever the hell that is? 1585 01:11:39,320 --> 01:11:39,720 Speaker 22: Is it? 1586 01:11:40,080 --> 01:11:41,880 Speaker 17: Yes, if you had played netball, you would have made 1587 01:11:41,880 --> 01:11:43,559 Speaker 17: the Canterbury team and you would have nailed. 1588 01:11:43,360 --> 01:11:47,559 Speaker 3: Those bomb shots. If you just want to know, if 1589 01:11:47,600 --> 01:11:49,840 Speaker 3: you were eligible to play for the cannopy, is. 1590 01:11:49,880 --> 01:11:52,640 Speaker 2: It worth four points if you're playing away from the 1591 01:11:52,720 --> 01:11:53,400 Speaker 2: outside ring. 1592 01:11:53,520 --> 01:11:56,040 Speaker 3: No, it's not. It's still only worth two. 1593 01:11:57,640 --> 01:11:59,960 Speaker 17: I reckon it should be worth three because the distance, 1594 01:12:01,280 --> 01:12:04,559 Speaker 17: the distance star shooting with no backboard, it's incredibly hard. 1595 01:12:04,880 --> 01:12:05,960 Speaker 2: Yeah, is it? How do you know? 1596 01:12:07,200 --> 01:12:08,120 Speaker 3: Well, I'm just looking at it? 1597 01:12:08,320 --> 01:12:10,679 Speaker 2: Look hard? Does it look hard from the sofa? Seth? 1598 01:12:11,360 --> 01:12:14,280 Speaker 3: It looks bloody hard from the sofast? Does everything? Michael? 1599 01:12:15,439 --> 01:12:17,800 Speaker 21: You're still critique? Oh, I see most look at that. 1600 01:12:17,920 --> 01:12:21,320 Speaker 2: That's exactly good as you where as. 1601 01:12:21,280 --> 01:12:23,559 Speaker 3: You sit on you much more expeenchive, say for going, 1602 01:12:23,640 --> 01:12:24,400 Speaker 3: I could have done that. 1603 01:12:24,880 --> 01:12:25,400 Speaker 18: I do that. 1604 01:12:29,640 --> 01:12:30,679 Speaker 3: These guys are idiots. 1605 01:12:32,200 --> 01:12:32,519 Speaker 14: Have done that? 1606 01:12:33,320 --> 01:12:33,519 Speaker 22: Have you? 1607 01:12:33,800 --> 01:12:35,880 Speaker 2: You've never been to my house either? It sounds exactly 1608 01:12:36,040 --> 01:12:38,000 Speaker 2: like I do. Well done. Nice to see you, guys. 1609 01:12:38,120 --> 01:12:39,040 Speaker 2: Jason Py and Andrews. 1610 01:12:39,080 --> 01:12:43,200 Speaker 1: Eve twenty two, The makee Hosking Breakfast with the Range 1611 01:12:43,280 --> 01:12:45,040 Speaker 1: rover Villa News togs Head b. 1612 01:12:45,840 --> 01:12:48,920 Speaker 2: Now, whether it's logistics firm monitoring deliveries in real time 1613 01:12:49,040 --> 01:12:51,960 Speaker 2: or a tech startup demanding seamless connectivity, can we businesses 1614 01:12:52,040 --> 01:12:55,160 Speaker 2: depend on strong, reliable networks. So with more than two 1615 01:12:55,200 --> 01:12:59,760 Speaker 2: thousand cell sites forty six hundred kilometers of fiber two, 1616 01:13:00,000 --> 01:13:02,160 Speaker 2: where still as world class networks that keep the businesses 1617 01:13:02,200 --> 01:13:05,720 Speaker 2: connected nation Why They've invested over a billion billion into 1618 01:13:05,760 --> 01:13:08,920 Speaker 2: the infrastructure that empowers local companies to succeed, making them 1619 01:13:08,960 --> 01:13:11,360 Speaker 2: the fastest growing telco in the business space. They're so 1620 01:13:11,560 --> 01:13:14,919 Speaker 2: confident in their network they offer a thirty day network guarantee. 1621 01:13:15,120 --> 01:13:17,759 Speaker 2: So you joined the thousands of Chiwi businesses already thriving 1622 01:13:17,800 --> 01:13:19,760 Speaker 2: with two degrees. Try it out. Make the switch to 1623 01:13:19,800 --> 01:13:23,000 Speaker 2: two degrees switch telco, stay connected, get to business. Simple 1624 01:13:23,040 --> 01:13:26,280 Speaker 2: as that. Here's the address noted down two degrees dot 1625 01:13:26,479 --> 01:13:29,280 Speaker 2: dz Ford slash business, two degrees dot in sed Ford 1626 01:13:29,320 --> 01:13:32,240 Speaker 2: slash business to find out more. Two degrees dot inzed 1627 01:13:32,320 --> 01:13:36,519 Speaker 2: Ford slash business. Teas and c's asking if you miss 1628 01:13:36,520 --> 01:13:39,599 Speaker 2: thee the headlines Joe Biden very sadly an aggressive form 1629 01:13:39,680 --> 01:13:42,439 Speaker 2: announced this morning from his office. Aggressive form of prostate 1630 01:13:42,560 --> 01:13:46,040 Speaker 2: cancer spread to his bones. Last week's seen for a 1631 01:13:46,120 --> 01:13:49,920 Speaker 2: new finding of a prostate nodule and it appears so 1632 01:13:50,080 --> 01:13:54,200 Speaker 2: the doctors to be hormone sensitive, which allows for effective management. 1633 01:13:54,720 --> 01:13:57,439 Speaker 2: But his family and him are reviewing treatment options with 1634 01:13:57,600 --> 01:14:02,120 Speaker 2: his physicians. So from Joe Biden, Mike, if one awaits 1635 01:14:02,200 --> 01:14:05,360 Speaker 2: us in Spain, our son graduated in Dunedin Saturday, super 1636 01:14:05,360 --> 01:14:07,360 Speaker 2: proud of his hard work in his degree, taking Jack 1637 01:14:07,400 --> 01:14:10,880 Speaker 2: to the Grand Prix as a graduation president. How good 1638 01:14:11,640 --> 01:14:14,400 Speaker 2: we are both visiting and can't wait. Come on, linalm, 1639 01:14:14,479 --> 01:14:15,280 Speaker 2: what a treaty. 1640 01:14:16,439 --> 01:14:18,479 Speaker 12: I would have gone to university to get a degree 1641 01:14:18,520 --> 01:14:20,040 Speaker 12: if I'd known someone was going to take me to 1642 01:14:20,120 --> 01:14:21,320 Speaker 12: the f one so June two. 1643 01:14:21,400 --> 01:14:23,240 Speaker 21: I don't think that's just a default thing that happens 1644 01:14:23,280 --> 01:14:23,719 Speaker 21: for everyone. 1645 01:14:23,840 --> 01:14:26,360 Speaker 2: No, lies are not, oh welcome, never mind news for 1646 01:14:26,439 --> 01:14:28,320 Speaker 2: you in a couple of moments, then across the Tasman 1647 01:14:28,360 --> 01:14:30,439 Speaker 2: and Steve Price in Australia here on the Mike hosting 1648 01:14:30,520 --> 01:14:31,599 Speaker 2: breakfast and news. 1649 01:14:31,520 --> 01:14:31,840 Speaker 22: Talk to. 1650 01:14:34,160 --> 01:14:38,839 Speaker 1: News, opinion and everything in between. The Mike costing Breakfast 1651 01:14:39,040 --> 01:14:43,200 Speaker 1: with Bailey's real Estate, your local experts across residential, commercial 1652 01:14:43,320 --> 01:14:45,360 Speaker 1: and rural news togs dead be just. 1653 01:14:45,400 --> 01:14:47,880 Speaker 2: To update you on the Romanian vote. This is the 1654 01:14:47,960 --> 01:14:52,000 Speaker 2: runoff for the presidents. The it seems now with ninety 1655 01:14:52,040 --> 01:14:56,080 Speaker 2: percent of the vote in that Dan's going to win it. 1656 01:14:56,320 --> 01:15:01,080 Speaker 2: But is the fifty three point nine is forty six 1657 01:15:01,800 --> 01:15:05,720 Speaker 2: to Simeon Simon who declared victory earlier on and of 1658 01:15:05,800 --> 01:15:07,599 Speaker 2: course had a lead of four hundred thousand votes, none 1659 01:15:07,640 --> 01:15:10,080 Speaker 2: of which has actually come to pass. But the diaspora vote, 1660 01:15:11,360 --> 01:15:14,160 Speaker 2: which is the counting of that will take a while. 1661 01:15:14,600 --> 01:15:17,479 Speaker 2: And he's putting his hope Spain, UK, Germany, France, Italy, 1662 01:15:17,520 --> 01:15:21,040 Speaker 2: a lot of people voting from off shore. His hope 1663 01:15:21,200 --> 01:15:25,400 Speaker 2: lies in that. Whether he's got seven percent is I 1664 01:15:25,560 --> 01:15:28,559 Speaker 2: suppose debatable, but it ainate over till it's over. Twenty 1665 01:15:28,600 --> 01:15:29,200 Speaker 2: three to nine. 1666 01:15:29,640 --> 01:15:33,600 Speaker 1: International correspondence with endsit, eye insurance, peace of mind for 1667 01:15:33,680 --> 01:15:34,800 Speaker 1: New Zealand, business. 1668 01:15:34,760 --> 01:15:37,920 Speaker 2: Strikes last, bring the money to you good That so 1669 01:15:38,120 --> 01:15:41,240 Speaker 2: Elbow was wearing a Sunnis and a sea of world leaders, 1670 01:15:41,280 --> 01:15:44,040 Speaker 2: there was one man with sunnys on and that was Elbow. 1671 01:15:45,000 --> 01:15:47,320 Speaker 14: And in a kubra hat. Can you explain that to me? 1672 01:15:47,439 --> 01:15:52,400 Speaker 22: I just don't understand. So for all of our wonderful 1673 01:15:52,439 --> 01:15:55,559 Speaker 22: listeners who've never worn on a cubra hat. It's an 1674 01:15:55,600 --> 01:15:59,360 Speaker 22: Australian brand. It's like our version of the cowboy had 1675 01:15:59,400 --> 01:16:03,439 Speaker 22: I suppose cool hat. And now politicians normally pull it 1676 01:16:03,520 --> 01:16:06,360 Speaker 22: out of a bag somewhere when they go outside of 1677 01:16:06,400 --> 01:16:09,760 Speaker 22: a capital city. So if they're campaigning or launching a 1678 01:16:09,840 --> 01:16:12,280 Speaker 22: new transport project somewhere out in the bush, they put 1679 01:16:12,320 --> 01:16:15,479 Speaker 22: onto the kubra. This is from a politician. By the way, 1680 01:16:15,520 --> 01:16:20,360 Speaker 22: antonew Venezia holds an inner urban seat in Sydney, which 1681 01:16:20,439 --> 01:16:22,599 Speaker 22: is about as far away from a cubra wearing as 1682 01:16:22,640 --> 01:16:25,840 Speaker 22: you could possibly get. It looks ridiculous when they do 1683 01:16:25,920 --> 01:16:28,800 Speaker 22: it here. It looked even more ridiculous in my view 1684 01:16:28,920 --> 01:16:30,400 Speaker 22: to do it at the Vatican. 1685 01:16:30,640 --> 01:16:31,759 Speaker 14: In Rome in Italy. 1686 01:16:32,000 --> 01:16:32,160 Speaker 2: Now. 1687 01:16:33,040 --> 01:16:35,599 Speaker 14: I don't know about you, Mike, but when you travel 1688 01:16:35,640 --> 01:16:37,479 Speaker 14: you try and blend in a little bit. You don't 1689 01:16:37,600 --> 01:16:40,960 Speaker 14: try and stand out if you possibly can. And there 1690 01:16:41,120 --> 01:16:41,360 Speaker 14: is this. 1691 01:16:41,479 --> 01:16:45,560 Speaker 22: Blow representing our country wandering around in sunglasses wearing a 1692 01:16:45,640 --> 01:16:48,439 Speaker 22: hat that he would not normally even wear at home. 1693 01:16:48,720 --> 01:16:51,360 Speaker 22: I mean, am I being too harsh? 1694 01:16:51,640 --> 01:16:53,880 Speaker 2: Well well no, I mean, just let me put this 1695 01:16:53,920 --> 01:16:56,559 Speaker 2: spart to your thinning on top warm day in. 1696 01:16:56,680 --> 01:16:59,080 Speaker 14: Rome baseball cap. 1697 01:17:00,520 --> 01:17:05,880 Speaker 22: I mean, anyway, he also met with bottom Zelensky on 1698 01:17:05,960 --> 01:17:09,320 Speaker 22: more serious matters on the sidelines. And finally these M 1699 01:17:09,400 --> 01:17:11,600 Speaker 22: one A one tanks that we no longer use in 1700 01:17:11,640 --> 01:17:14,280 Speaker 22: Australia because what would be the point of having tanks 1701 01:17:14,320 --> 01:17:17,880 Speaker 22: in Australia. Ever, anyway, because no one's coming invading us 1702 01:17:17,920 --> 01:17:21,479 Speaker 22: over the outside, Darwin, we're going to hit them with tanks. 1703 01:17:21,840 --> 01:17:24,439 Speaker 22: The ridiculous to own them. So we've decided we donate 1704 01:17:24,520 --> 01:17:27,759 Speaker 22: them to Ukraine, which desperately does need that sort of armory. 1705 01:17:27,800 --> 01:17:31,400 Speaker 22: And they never left Australian shores. But we now learn 1706 01:17:31,640 --> 01:17:35,000 Speaker 22: after this meeting between Zelenski and Anthony Alberanizi, that the 1707 01:17:35,120 --> 01:17:38,120 Speaker 22: tanks are now quote on their way. A couple of 1708 01:17:38,160 --> 01:17:40,400 Speaker 22: weeks ago the media revealed that the tanks we had 1709 01:17:40,479 --> 01:17:43,160 Speaker 22: promised I think about three years ago, we were sitting 1710 01:17:43,200 --> 01:17:45,240 Speaker 22: in a shed somewhere and hadn't even left the country. 1711 01:17:46,200 --> 01:17:49,800 Speaker 22: Now they are unlike the X fighter planes that we 1712 01:17:49,920 --> 01:17:52,600 Speaker 22: cut up and buried and don't use anymore. So the 1713 01:17:52,680 --> 01:17:55,160 Speaker 22: tanks are on their way to Ukraine. The meeting with 1714 01:17:55,320 --> 01:17:58,400 Speaker 22: Zelenski went very well, mister Albernizi. He told him it's 1715 01:17:58,560 --> 01:18:02,960 Speaker 22: crucial that we dem and Ukraine determines its own future. 1716 01:18:03,160 --> 01:18:05,840 Speaker 22: He said Australia has already donated one point five billion 1717 01:18:05,920 --> 01:18:10,320 Speaker 22: dollars in support, primarily military and defense support because the 1718 01:18:10,400 --> 01:18:13,160 Speaker 22: struggles is a quote from the Prime Minister. The struggle 1719 01:18:13,360 --> 01:18:16,400 Speaker 22: and the courage that your people are showing is quite remarkable, 1720 01:18:16,520 --> 01:18:17,519 Speaker 22: as is your leadership. 1721 01:18:17,600 --> 01:18:19,320 Speaker 14: So we're all in on Ukraine. 1722 01:18:19,479 --> 01:18:22,040 Speaker 2: Well, we're all into what extent because I thought, I mean, 1723 01:18:22,080 --> 01:18:24,840 Speaker 2: Trump's supposed to be ringing everyone tomorrow and we're going 1724 01:18:24,880 --> 01:18:26,880 Speaker 2: to get some sort of peace to Are you still 1725 01:18:27,000 --> 01:18:29,960 Speaker 2: giving these tanks to funder war or are you giving 1726 01:18:30,000 --> 01:18:32,160 Speaker 2: these tanks because you're promised and you're a bit embarrassed 1727 01:18:32,240 --> 01:18:34,519 Speaker 2: and they're sort of hopefully won't be used anymore if 1728 01:18:34,560 --> 01:18:35,960 Speaker 2: and when we ever get to some sort of peace 1729 01:18:36,000 --> 01:18:36,439 Speaker 2: of room. 1730 01:18:36,640 --> 01:18:38,840 Speaker 22: One hundred percent the latter comment that you make. They're 1731 01:18:38,880 --> 01:18:40,640 Speaker 22: on a ship on their way there. They should have 1732 01:18:40,680 --> 01:18:43,320 Speaker 22: been there two years ago. They will finally get there. 1733 01:18:43,360 --> 01:18:45,200 Speaker 22: Everyone hopes that the war's over by the time they 1734 01:18:45,240 --> 01:18:47,080 Speaker 22: do get there. And I presume I don't know if 1735 01:18:47,120 --> 01:18:48,760 Speaker 22: you've ever been delected in time, but when you go 1736 01:18:48,840 --> 01:18:51,040 Speaker 22: to the border, there's a tank sitting there in the 1737 01:18:51,160 --> 01:18:53,760 Speaker 22: tiniest country in Europe. I presume they'll stick them on 1738 01:18:53,800 --> 01:18:56,799 Speaker 22: the border and say don't come back to our territory. 1739 01:18:56,840 --> 01:18:59,439 Speaker 22: Otherwise the N ONEA ones will be there ready to 1740 01:18:59,479 --> 01:19:00,720 Speaker 22: should shells at you. 1741 01:19:01,360 --> 01:19:05,599 Speaker 2: Is there in the budget in Victoria tomorrow something for everybody, 1742 01:19:05,680 --> 01:19:06,200 Speaker 2: even though. 1743 01:19:06,080 --> 01:19:08,840 Speaker 22: You have no money, We have no money, and there 1744 01:19:08,880 --> 01:19:11,720 Speaker 22: is something for everyone in this budget. Absolutely, and it 1745 01:19:11,880 --> 01:19:15,760 Speaker 22: starts with guess what, Free public transport for anyone under 1746 01:19:15,760 --> 01:19:18,360 Speaker 22: the age of eighteen for the rest of their lives, 1747 01:19:18,600 --> 01:19:20,599 Speaker 22: starting on January the first next year. 1748 01:19:21,360 --> 01:19:24,920 Speaker 14: Now the election is next year, twenty twenty six. We 1749 01:19:25,040 --> 01:19:27,719 Speaker 14: are broke. But you'll be given a card. 1750 01:19:28,439 --> 01:19:30,799 Speaker 22: So you have to use a Mikey card in Melbourne 1751 01:19:30,840 --> 01:19:35,120 Speaker 22: to travel on trains or trams or buses. So anyone 1752 01:19:35,240 --> 01:19:38,000 Speaker 22: under eighteen will be issued with a special card that 1753 01:19:38,040 --> 01:19:40,519 Speaker 22: will cost a fortune and you will be able to 1754 01:19:40,600 --> 01:19:44,520 Speaker 22: tap this on to ride for free. This is all 1755 01:19:44,680 --> 01:19:47,120 Speaker 22: very well and good. I should point out though that 1756 01:19:47,200 --> 01:19:49,880 Speaker 22: the Premier, who probably doesn't catch as many trains and 1757 01:19:49,920 --> 01:19:52,880 Speaker 22: trams as what I do, is that anyone under the 1758 01:19:52,920 --> 01:19:55,960 Speaker 22: age of eighteen, particularly anyone between the ages of say 1759 01:19:56,479 --> 01:19:59,960 Speaker 22: twelve and eighteen, they don't pay anyone. I never see 1760 01:20:00,080 --> 01:20:02,880 Speaker 22: anyone bet on a Melbourne tram or a trained tappa cart. 1761 01:20:03,200 --> 01:20:05,080 Speaker 2: Very glad you said that, because last time I was 1762 01:20:05,160 --> 01:20:07,360 Speaker 2: in Melbourne and we were coming out of the restaurant 1763 01:20:07,360 --> 01:20:10,040 Speaker 2: of my daughter and my wife and I and she goes, 1764 01:20:10,080 --> 01:20:11,720 Speaker 2: we'll catch the train home and I said, well, what 1765 01:20:11,760 --> 01:20:12,320 Speaker 2: do you need for that? 1766 01:20:12,400 --> 01:20:14,360 Speaker 12: Do you need a credit card cash? She goes, don't 1767 01:20:14,400 --> 01:20:16,559 Speaker 12: need anything, just hop on board, noe pays anyway. 1768 01:20:18,439 --> 01:20:22,600 Speaker 22: Undred So it's a great promise. It's going to on 1769 01:20:22,840 --> 01:20:25,080 Speaker 22: paper who costs a lot of money, but in reality 1770 01:20:25,160 --> 01:20:26,040 Speaker 22: it's already happening. 1771 01:20:26,400 --> 01:20:28,519 Speaker 14: And I should just point out this wonderful figure for you. 1772 01:20:29,320 --> 01:20:33,080 Speaker 22: The Victorian government debt in twenty fourteen twenty fifteen was 1773 01:20:33,160 --> 01:20:35,759 Speaker 22: twenty two zero point three billion dollars. 1774 01:20:36,240 --> 01:20:37,559 Speaker 14: A lot of money, doesn't it makes them? 1775 01:20:37,920 --> 01:20:41,000 Speaker 22: Could that be because of to day in twenty twenty seven, 1776 01:20:41,120 --> 01:20:44,040 Speaker 22: twenty twenty eight, So in two years time will be 1777 01:20:44,720 --> 01:20:47,920 Speaker 22: one hundred and eighty seven point three billion dollars. 1778 01:20:49,479 --> 01:20:52,639 Speaker 2: Actually funny you should say that. I think ours from memory, 1779 01:20:52,720 --> 01:20:56,360 Speaker 2: our national debt is about that as well, and so 1780 01:20:56,720 --> 01:20:59,240 Speaker 2: we're a whole country. Mind you, you'll at least five million, 1781 01:20:59,280 --> 01:21:01,360 Speaker 2: but our bill on the interest for that is eight 1782 01:21:01,520 --> 01:21:04,120 Speaker 2: going on nine billion dollars a year just on interest, 1783 01:21:04,280 --> 01:21:05,639 Speaker 2: so yours will be something similar. 1784 01:21:06,320 --> 01:21:08,840 Speaker 14: Yes, several million dollars a day we're paying on just. 1785 01:21:10,880 --> 01:21:13,559 Speaker 2: You watch the F one this morning Oscar Oscar Max 1786 01:21:13,640 --> 01:21:16,960 Speaker 2: won and he won by a lot, So that whole 1787 01:21:17,320 --> 01:21:21,320 Speaker 2: Oscar slash and Lando dominance thing seems to be at 1788 01:21:21,400 --> 01:21:25,000 Speaker 2: least putting its box for a week. Yeah. 1789 01:21:25,080 --> 01:21:27,479 Speaker 14: Look, I mean it was the first second turn, wasn't it. 1790 01:21:27,560 --> 01:21:30,720 Speaker 14: I mean he was on pole. He just he let 1791 01:21:30,800 --> 01:21:31,479 Speaker 14: Mex get through. 1792 01:21:31,680 --> 01:21:34,599 Speaker 22: He breaked a bit too early, and Max breaked later 1793 01:21:34,760 --> 01:21:36,479 Speaker 22: and went straight past. Once he was past him, he 1794 01:21:36,560 --> 01:21:38,240 Speaker 22: was not unless there was a problem. He was not 1795 01:21:38,320 --> 01:21:40,920 Speaker 22: going to lose, so I wouldn't read too much into that. 1796 01:21:41,000 --> 01:21:44,080 Speaker 22: Oscar said afterwards that he thought that he'd made a mistake, 1797 01:21:44,360 --> 01:21:47,040 Speaker 22: and they also was a pit stop problem where they 1798 01:21:47,080 --> 01:21:49,240 Speaker 22: put him on old He was still on old tires 1799 01:21:49,320 --> 01:21:50,639 Speaker 22: and Norris went past him. 1800 01:21:50,680 --> 01:21:51,600 Speaker 21: But there you go. 1801 01:21:51,920 --> 01:21:53,160 Speaker 14: That's what formula one D. 1802 01:21:53,320 --> 01:21:55,320 Speaker 2: That is true. Hey, quick question. I read what I 1803 01:21:55,400 --> 01:21:57,919 Speaker 2: thought was a very interesting article over the weekend in Australia. 1804 01:21:57,960 --> 01:22:00,560 Speaker 2: They looked at a number of individual boot out of 1805 01:22:00,600 --> 01:22:04,560 Speaker 2: the election and the swing in Elbow's electorate in some 1806 01:22:04,680 --> 01:22:07,400 Speaker 2: of the booths, he had a swing to him of 1807 01:22:07,640 --> 01:22:12,680 Speaker 2: twenty five percent. How do you explain that gibbon one? 1808 01:22:12,720 --> 01:22:16,200 Speaker 2: You already knew who he was. Generally a prime minister's 1809 01:22:16,240 --> 01:22:18,920 Speaker 2: reasonably popular in their local electorate. What is it that 1810 01:22:19,080 --> 01:22:22,320 Speaker 2: happened that so many people suddenly fell in love with 1811 01:22:22,400 --> 01:22:22,880 Speaker 2: them that way? 1812 01:22:23,320 --> 01:22:24,560 Speaker 22: Well, I guess you're going to go back to the 1813 01:22:24,600 --> 01:22:28,360 Speaker 22: election before, and there was a very strong vote for 1814 01:22:28,880 --> 01:22:33,000 Speaker 22: both a Kiel candidate and an independent candidate and the Greens. 1815 01:22:33,520 --> 01:22:35,280 Speaker 22: So I would put that down without having a look 1816 01:22:35,320 --> 01:22:37,680 Speaker 22: at that particular booth. A whole bunch of people who 1817 01:22:37,720 --> 01:22:41,519 Speaker 22: thought they were voting Green in the election prior to 1818 01:22:41,600 --> 01:22:45,240 Speaker 22: a recent one decided that the Greens had become such 1819 01:22:45,320 --> 01:22:50,439 Speaker 22: a nasty, hard left pro Palestine party that they would 1820 01:22:50,760 --> 01:22:52,400 Speaker 22: pull their votes from the Greens and give it to 1821 01:22:52,600 --> 01:22:53,160 Speaker 22: alban Ezy. 1822 01:22:53,439 --> 01:22:56,519 Speaker 2: That's what I suspecting to see Wednesday. Preciate it very 1823 01:22:56,600 --> 01:22:59,000 Speaker 2: much to the Price Out of Australia eight forty five. 1824 01:23:00,280 --> 01:23:04,639 Speaker 1: The Like Asking Breakfast Full Show podcast on iHeartRadio powered 1825 01:23:04,720 --> 01:23:05,759 Speaker 1: by News Talks, a'd. 1826 01:23:05,640 --> 01:23:08,600 Speaker 2: Be Mike explained this for me, I'm losing two of 1827 01:23:08,680 --> 01:23:10,760 Speaker 2: my guys who are tilers to Australia as they're offered 1828 01:23:10,840 --> 01:23:12,880 Speaker 2: sixty five an hour on wages which I just can't 1829 01:23:12,920 --> 01:23:14,560 Speaker 2: compete with. But look at what they can build a 1830 01:23:14,600 --> 01:23:16,679 Speaker 2: house for in Australia. It's way cheaper than New Zealand. 1831 01:23:16,680 --> 01:23:18,559 Speaker 2: It's around three and a half thousand dollars a square meter. 1832 01:23:18,640 --> 01:23:20,680 Speaker 2: So I can't work it out. Murray, you're wrong. I 1833 01:23:20,720 --> 01:23:22,160 Speaker 2: don't know where you get three and a half thousand 1834 01:23:22,160 --> 01:23:24,639 Speaker 2: meters for dollars a meter from, because just last week 1835 01:23:24,680 --> 01:23:27,519 Speaker 2: I was reading the cost of building quote unquote the 1836 01:23:27,520 --> 01:23:29,599 Speaker 2: cost of building a new house has reached a record high. 1837 01:23:30,320 --> 01:23:33,719 Speaker 2: There's little chants the prices will ease. Labor and materials 1838 01:23:33,800 --> 01:23:36,800 Speaker 2: costs have jumped, no sign of reverting to previous levels. 1839 01:23:36,840 --> 01:23:38,599 Speaker 2: The average cost to build a new house is over 1840 01:23:38,640 --> 01:23:40,719 Speaker 2: half a million dollars now five hundred and four thousand, 1841 01:23:40,720 --> 01:23:43,920 Speaker 2: one hundred and nine dollars, six and a half percent 1842 01:23:44,200 --> 01:23:50,280 Speaker 2: higher than a year earlier, and fifty three percent higher 1843 01:23:50,360 --> 01:23:54,040 Speaker 2: than a March of twenty nineteen. So if your numbers 1844 01:23:54,040 --> 01:23:56,000 Speaker 2: are wrong, that's how they can do it. The costs 1845 01:23:56,040 --> 01:23:57,920 Speaker 2: are just going up and up, so they might be 1846 01:23:58,000 --> 01:24:01,120 Speaker 2: paying your billders, your tire of sixty five dollars now, 1847 01:24:01,160 --> 01:24:03,880 Speaker 2: but they're pinging off to the people who are buying 1848 01:24:03,960 --> 01:24:07,439 Speaker 2: the house, which gets me to the part Australia is 1849 01:24:07,479 --> 01:24:10,080 Speaker 2: a great place to live. Bit allowsy pace to work. 1850 01:24:10,840 --> 01:24:12,840 Speaker 2: I'll do that tomorrow. That was a very good piece 1851 01:24:12,880 --> 01:24:14,479 Speaker 2: of read over the weekend for all of the people 1852 01:24:14,520 --> 01:24:16,360 Speaker 2: who are leaving the country thinking Australia is great. 1853 01:24:16,400 --> 01:24:16,720 Speaker 12: It's not. 1854 01:24:18,280 --> 01:24:19,479 Speaker 2: But I come back to what I was talking to 1855 01:24:19,479 --> 01:24:22,479 Speaker 2: the Prime Minister about. It's pathetic, Mike that we want 1856 01:24:22,520 --> 01:24:26,439 Speaker 2: foreign investment but won't allow them to own properties over 1857 01:24:26,520 --> 01:24:29,040 Speaker 2: something at five million dollars, which would be less than 1858 01:24:29,120 --> 01:24:31,720 Speaker 2: one percent of the property transactions a year. I've got 1859 01:24:31,800 --> 01:24:34,640 Speaker 2: to next time we get Peter's on, I've got to 1860 01:24:35,040 --> 01:24:36,840 Speaker 2: talk to them about I just cannot, for the life 1861 01:24:36,880 --> 01:24:39,599 Speaker 2: of me, that general argument that you just don't want 1862 01:24:39,640 --> 01:24:42,639 Speaker 2: foreigners coming and snapping up houses. Fair enough, I fully 1863 01:24:42,680 --> 01:24:45,960 Speaker 2: get that, But at five million dollars, next to no 1864 01:24:46,080 --> 01:24:48,439 Speaker 2: one in this country buys a house worth five plus 1865 01:24:48,560 --> 01:24:52,479 Speaker 2: million dollars, and therefore, what is it you're afraid of? 1866 01:24:54,000 --> 01:24:55,920 Speaker 2: Read Peter Dunn's pieces. The other thing I read over 1867 01:24:55,960 --> 01:24:58,240 Speaker 2: the weekend National's worst week in Office and the outlines 1868 01:24:58,240 --> 01:25:00,920 Speaker 2: all the things that went wrong and he's right, he's correct. 1869 01:25:01,320 --> 01:25:03,559 Speaker 2: But before I leave Australia, just quickly the Lions are 1870 01:25:03,600 --> 01:25:05,320 Speaker 2: coming are the lines? There seems to be a real 1871 01:25:05,400 --> 01:25:08,439 Speaker 2: for song about the Lions, mainly because it's only every 1872 01:25:09,400 --> 01:25:12,840 Speaker 2: dozen years or so. Tickets of five forty nine dollars, 1873 01:25:13,000 --> 01:25:16,160 Speaker 2: which everyone's moaning about because it's too expensive. More than 1874 01:25:16,200 --> 01:25:18,439 Speaker 2: half a million fans are expected. But I asked this 1875 01:25:18,560 --> 01:25:20,800 Speaker 2: question just because it's the British and Irish Lions and 1876 01:25:20,840 --> 01:25:23,160 Speaker 2: it's all super exciting. If you're coming to play somebody 1877 01:25:23,200 --> 01:25:25,360 Speaker 2: who's useless, why would you then want to go? I mean, 1878 01:25:25,360 --> 01:25:27,280 Speaker 2: Australia can't play rugby and we all know that they're 1879 01:25:27,320 --> 01:25:30,479 Speaker 2: no good, so therefore, why would you get excited about 1880 01:25:30,479 --> 01:25:30,960 Speaker 2: a thrashing? 1881 01:25:31,160 --> 01:25:32,920 Speaker 1: I think there's an Australian team on top of the 1882 01:25:33,840 --> 01:25:38,479 Speaker 1: Super Rugby this week. Unfortunately it's only because the Chiefs 1883 01:25:38,520 --> 01:25:39,759 Speaker 1: had the weekend off, of course. 1884 01:25:39,920 --> 01:25:43,400 Speaker 2: Exactly, but I mean, one provincial side does not a 1885 01:25:43,520 --> 01:25:46,759 Speaker 2: national side make would be my argument. Night Away from nine. 1886 01:25:47,160 --> 01:25:51,280 Speaker 1: The Make Asking Breakfast with Bailey's Real Estate news Togs THEBBE. 1887 01:25:51,880 --> 01:25:54,400 Speaker 2: I was going to get this early, but as usual, 1888 01:25:54,560 --> 01:25:57,559 Speaker 2: events have overtaken me, so just christ chitch, wake up, 1889 01:25:57,600 --> 01:25:59,400 Speaker 2: what's the matter with you? There's business of the cross 1890 01:25:59,439 --> 01:26:02,679 Speaker 2: at Sumner Cave Rock. The cross has been there since 1891 01:26:02,720 --> 01:26:05,960 Speaker 2: eighteen sixty four, and there's angst. I'm watching this on there. 1892 01:26:06,000 --> 01:26:08,160 Speaker 2: It was saiday night, I'm watching it on the television news. 1893 01:26:08,680 --> 01:26:12,160 Speaker 2: Somebody called Andrew Docking. Andrew, come on, I don't like it. 1894 01:26:12,240 --> 01:26:14,920 Speaker 2: They put lights at Solar Powers. They don't panic about 1895 01:26:14,920 --> 01:26:17,200 Speaker 2: the power bill. They put lights on this cross a 1896 01:26:17,439 --> 01:26:20,080 Speaker 2: cave rock, fabulous place, big cross, been there forever. They 1897 01:26:20,120 --> 01:26:24,200 Speaker 2: put some lights on. So Andrew Docking of Sumner says, 1898 01:26:24,240 --> 01:26:28,680 Speaker 2: I don't like them. They're bright and they're horrible. It 1899 01:26:28,800 --> 01:26:33,240 Speaker 2: looks like Vegas. It doesn't Vegas looks like Vegas. A 1900 01:26:33,479 --> 01:26:36,800 Speaker 2: singular cross with some lights looks like a singular cross 1901 01:26:36,960 --> 01:26:42,439 Speaker 2: with some lights in Sumner. Andrew Morris of Clifton Hill, 1902 01:26:42,479 --> 01:26:44,320 Speaker 2: which is very nice. My grandparents had a place in 1903 01:26:44,360 --> 01:26:47,240 Speaker 2: Clifton Hill. It ought not to be the shape of 1904 01:26:47,240 --> 01:26:51,080 Speaker 2: a Christian cross. I mean, oh, for God's sake, So anyway, sure, 1905 01:26:51,360 --> 01:26:53,439 Speaker 2: and so that's not the worst of it. There's always 1906 01:26:53,439 --> 01:26:54,160 Speaker 2: someone's going to moan. 1907 01:26:54,320 --> 01:26:57,439 Speaker 5: It's like those those vehicles that go past those big 1908 01:26:57,560 --> 01:26:58,599 Speaker 5: lit up crosses on them. 1909 01:27:00,479 --> 01:27:04,479 Speaker 2: That's great, that's so noisy, so noisy, so bright. And 1910 01:27:04,560 --> 01:27:07,839 Speaker 2: then and those crosses just there in our Vegas. Anyway, 1911 01:27:08,400 --> 01:27:12,960 Speaker 2: the Council, instead of going get lost losers, is going 1912 01:27:13,040 --> 01:27:15,720 Speaker 2: to launch a survey as though they've got nothing better 1913 01:27:15,800 --> 01:27:17,920 Speaker 2: to do with their time. Five minutes away from. 1914 01:27:17,840 --> 01:27:23,000 Speaker 1: Nine trending now with chemist's warehouse, me megasale. 1915 01:27:22,640 --> 01:27:24,800 Speaker 2: On now Now the plane continues to be a problem. 1916 01:27:24,800 --> 01:27:26,479 Speaker 2: Trump's got another busy week. He's going to hit the 1917 01:27:26,479 --> 01:27:29,800 Speaker 2: phones tomorrow. Why is it Monday. I'm going to ring 1918 01:27:29,880 --> 01:27:31,760 Speaker 2: them on Monday. This is a war is He's got 1919 01:27:31,800 --> 01:27:33,640 Speaker 2: too much golf on over the weekend. We've got to 1920 01:27:33,760 --> 01:27:35,599 Speaker 2: can't do it until Monday. Anyway, He's going to hit 1921 01:27:35,640 --> 01:27:38,639 Speaker 2: the phones. He's got the he's got the Walmart Edam 1922 01:27:39,120 --> 01:27:42,280 Speaker 2: tariff thing, but he's still got the plane problem from 1923 01:27:42,280 --> 01:27:45,080 Speaker 2: the Middle East. So Susan Collins, who's a Republican really 1924 01:27:45,200 --> 01:27:48,960 Speaker 2: in name only, it's rife with political espionage. Rick Scott, 1925 01:27:49,000 --> 01:27:51,360 Speaker 2: who's a genuine Republican, isn't convinced it's a good idea. 1926 01:27:51,439 --> 01:27:54,400 Speaker 2: Ran Paul, who wanted to be a Republican president, said 1927 01:27:54,439 --> 01:27:56,880 Speaker 2: it could undermine Trump's wins raised more questions and isn't 1928 01:27:56,880 --> 01:27:58,880 Speaker 2: worth the headache, coudn't agree with them more? And that's 1929 01:27:58,920 --> 01:28:05,360 Speaker 2: before I keep constitutionally it's against the law anyway, the 1930 01:28:05,439 --> 01:28:06,479 Speaker 2: Deems have had a craik. 1931 01:28:06,520 --> 01:28:10,200 Speaker 21: Saudi Arabia giving twenty five million dollars guitar or all 1932 01:28:10,280 --> 01:28:11,040 Speaker 21: of these countries. 1933 01:28:11,120 --> 01:28:12,040 Speaker 22: These are people that. 1934 01:28:12,479 --> 01:28:16,000 Speaker 21: Kill women and treat women horribly, and yet you take 1935 01:28:16,080 --> 01:28:17,240 Speaker 21: their money. Got a gift to me. 1936 01:28:17,320 --> 01:28:20,600 Speaker 22: It's a gift to the Department of Defense. And you 1937 01:28:20,640 --> 01:28:21,320 Speaker 22: should know better. 1938 01:28:21,439 --> 01:28:24,120 Speaker 24: Why don't you give back the money that you've taken 1939 01:28:24,200 --> 01:28:29,479 Speaker 24: from certain countries that treat certain groups of people so horribly? 1940 01:28:29,600 --> 01:28:31,360 Speaker 2: You should be embarrassed to asking that question. 1941 01:28:32,200 --> 01:28:33,519 Speaker 7: They're giving us a free jet. 1942 01:28:34,080 --> 01:28:35,800 Speaker 19: I could say no, no, no, don't give us. 1943 01:28:36,080 --> 01:28:37,639 Speaker 14: Or I could say, thank you very much. 1944 01:28:37,720 --> 01:28:39,400 Speaker 2: Why don't you give back the money. I think it 1945 01:28:39,400 --> 01:28:40,679 Speaker 2: would be a great gesture. 1946 01:28:40,880 --> 01:28:42,679 Speaker 21: I thought it was a beautiful gesture. 1947 01:28:42,960 --> 01:28:45,080 Speaker 22: Now there are those that say we shouldn't be accepting 1948 01:28:45,120 --> 01:28:46,400 Speaker 22: gifts to the Defense. 1949 01:28:46,120 --> 01:28:49,040 Speaker 2: Department, And I would say, only a stupid person would 1950 01:28:49,040 --> 01:28:53,880 Speaker 2: say that it should have never happened. Yeah, dumb idea 1951 01:28:53,960 --> 01:28:55,720 Speaker 2: until it's a good idea, A good idea until it's 1952 01:28:55,720 --> 01:28:57,559 Speaker 2: a dumb idea, and so it goes depends on whether 1953 01:28:57,600 --> 01:28:58,320 Speaker 2: you're in office or not. 1954 01:28:58,400 --> 01:29:00,240 Speaker 12: I don't know how he gets past us. He's got 1955 01:29:00,360 --> 01:29:02,840 Speaker 12: enough problems with his base at the moment. If you 1956 01:29:02,920 --> 01:29:06,680 Speaker 12: look at all the polding than this, I don't get him. 1957 01:29:06,800 --> 01:29:09,080 Speaker 2: Anyway. That's us for the day. Monday morning. Not too bad. 1958 01:29:09,120 --> 01:29:10,880 Speaker 2: We'll do four more and then we'll call it a weekend. 1959 01:29:10,880 --> 01:29:12,840 Speaker 2: How's that sound to you. Annie Murphy does the name 1960 01:29:12,920 --> 01:29:17,000 Speaker 2: ring a Bell, Shit's Creek. Murray Bartlett does the name 1961 01:29:17,120 --> 01:29:21,479 Speaker 2: ring a Bell, White Lotus, among others. Anyway, they're together 1962 01:29:21,600 --> 01:29:26,360 Speaker 2: on the program Why I Shall Tell You Tomorrow, as 1963 01:29:26,439 --> 01:29:28,800 Speaker 2: they say, as always, Happy Days. 1964 01:29:30,680 --> 01:29:33,560 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1965 01:29:33,680 --> 01:29:36,719 Speaker 1: news talks. It'd be from six am weekdays, or follow 1966 01:29:36,800 --> 01:29:38,320 Speaker 1: the podcast on iHeartRadio.