1 00:00:00,600 --> 00:00:04,560 Speaker 1: New Zealand's voice of reason is Mike the Mic asking 2 00:00:04,640 --> 00:00:08,479 Speaker 1: breakfast with Bailey's real Estate covering all your real estate 3 00:00:08,560 --> 00:00:10,360 Speaker 1: needs news tog's head be Hlly. 4 00:00:10,240 --> 00:00:12,480 Speaker 2: Welcome well today. How long does a simple idea take 5 00:00:12,480 --> 00:00:14,440 Speaker 2: to get across the line? The PM and Peter's on 6 00:00:14,600 --> 00:00:17,400 Speaker 2: foreign buyers, Good news on housing as mortgage money starts 7 00:00:17,440 --> 00:00:20,120 Speaker 2: to flow more freely. Ben Bailey, host of in New Zealand, 8 00:00:20,160 --> 00:00:22,560 Speaker 2: Food Story, owner of half a dozen successful restaurants, on 9 00:00:22,600 --> 00:00:25,880 Speaker 2: hospital and successes with us after Right, Catherine Field in 10 00:00:25,960 --> 00:00:29,880 Speaker 2: Paris and Rod Little does the Money UK Pascal it 11 00:00:29,880 --> 00:00:32,440 Speaker 2: a Tuesday seven past six. Wow, we got there lasted 12 00:00:32,479 --> 00:00:34,200 Speaker 2: and't we? I mean, if you're a Golden visa holder, 13 00:00:34,200 --> 00:00:36,040 Speaker 2: that's a person who puts five or ten million into 14 00:00:36,080 --> 00:00:38,360 Speaker 2: the country, you can buy a house. The idea that 15 00:00:38,400 --> 00:00:40,400 Speaker 2: we expected you to put that sort of money into 16 00:00:40,400 --> 00:00:45,159 Speaker 2: a country but then rent what was and is absurd. 17 00:00:45,440 --> 00:00:47,240 Speaker 2: Not to get into the weeds too deeply. The Golden 18 00:00:47,280 --> 00:00:49,000 Speaker 2: visa as different to the one hundred and eighty three 19 00:00:49,080 --> 00:00:51,320 Speaker 2: days rule. The Golden visa means you can invest but 20 00:00:51,440 --> 00:00:53,200 Speaker 2: not be here for one hundred and eighty three days, 21 00:00:53,760 --> 00:00:56,480 Speaker 2: but now means you do qualify for a five million 22 00:00:56,520 --> 00:00:59,200 Speaker 2: dollar plus home. None of this is complex, none of 23 00:00:59,200 --> 00:01:01,040 Speaker 2: this needed to be as as it turned out to be. 24 00:01:01,160 --> 00:01:04,440 Speaker 2: You will note from the Winston Peters comments he has 25 00:01:04,560 --> 00:01:07,240 Speaker 2: preserved his ongoing dislike for the so called foreigners coming 26 00:01:07,240 --> 00:01:09,640 Speaker 2: here and snapping up the countryside and locking the rest 27 00:01:09,640 --> 00:01:11,200 Speaker 2: of us out of the market, none of which happened, 28 00:01:11,240 --> 00:01:13,840 Speaker 2: of course, but the xenophobic streak runs deep in the 29 00:01:13,840 --> 00:01:16,600 Speaker 2: party clearly. But if you go back to National's original 30 00:01:16,600 --> 00:01:19,000 Speaker 2: idea of two million dollars, a lot of water has 31 00:01:19,000 --> 00:01:21,000 Speaker 2: gone under that bridge, a lot of banging of heads 32 00:01:21,000 --> 00:01:23,200 Speaker 2: has clearly happened, and some people have had to be 33 00:01:23,280 --> 00:01:25,240 Speaker 2: drag kicking and screaming to what I would have thought 34 00:01:25,280 --> 00:01:27,800 Speaker 2: was a fairly obvious finish line. The weird thing for 35 00:01:27,840 --> 00:01:30,280 Speaker 2: me about Peter's is this is the same bloke who's 36 00:01:30,280 --> 00:01:32,440 Speaker 2: out in the world pleading with said world to come 37 00:01:32,440 --> 00:01:35,120 Speaker 2: and invest and come and do business. We are open. 38 00:01:35,520 --> 00:01:38,639 Speaker 2: Is trying on one hand to desperately rectify the damage 39 00:01:38,640 --> 00:01:40,880 Speaker 2: of the Labour government covid era, while at the same 40 00:01:40,920 --> 00:01:42,959 Speaker 2: time doing the old New Zealand first cake and eat 41 00:01:42,959 --> 00:01:46,160 Speaker 2: at two trick, Please come, please bring your money. But oh, 42 00:01:46,319 --> 00:01:48,680 Speaker 2: given you a foreigner, can you airbn B? I mean 43 00:01:48,680 --> 00:01:52,440 Speaker 2: it's nonsense. At five million, it changes little or nothing 44 00:01:52,440 --> 00:01:54,200 Speaker 2: for you and me. It's a tiny portion of homes. 45 00:01:54,200 --> 00:01:56,600 Speaker 2: It's a couple of million pounds at three million American bucks. 46 00:01:56,920 --> 00:01:59,280 Speaker 2: For some global citizens it's pocket change. But it all 47 00:01:59,320 --> 00:02:02,760 Speaker 2: helps a man. Do we need help? The worry is 48 00:02:02,800 --> 00:02:07,120 Speaker 2: the difficulty in getting here easy obvious decisions should not 49 00:02:07,240 --> 00:02:10,600 Speaker 2: be hard, they should be quick and slick. But it 50 00:02:10,680 --> 00:02:13,680 Speaker 2: all helps. It was a good day for New Zealand and. 51 00:02:15,639 --> 00:02:18,440 Speaker 3: News of the world. In ninety seconds. 52 00:02:18,240 --> 00:02:20,800 Speaker 2: With the fn earth quake, eight hundred twenty five hundred 53 00:02:20,800 --> 00:02:21,960 Speaker 2: injured a lot of survivors. 54 00:02:21,960 --> 00:02:25,120 Speaker 4: The earthquake struck at midnight. Children are trapped under the rubble. 55 00:02:25,240 --> 00:02:27,959 Speaker 4: The elderly are under the rubble. Young people are under 56 00:02:27,960 --> 00:02:33,440 Speaker 4: the rubble. We need help here. Nearly ninety five percent 57 00:02:33,480 --> 00:02:35,080 Speaker 4: of our village houses are destroyed. 58 00:02:35,600 --> 00:02:37,600 Speaker 3: We have many martyred and wounded people. 59 00:02:37,760 --> 00:02:39,359 Speaker 2: You can imagine the rescue operation. 60 00:02:40,080 --> 00:02:42,640 Speaker 5: Rescue work is underway in various areas, and we have 61 00:02:42,760 --> 00:02:45,440 Speaker 5: some areas where rescue teams have not yet reached due 62 00:02:45,480 --> 00:02:46,400 Speaker 5: to difficult terrain. 63 00:02:46,960 --> 00:02:49,440 Speaker 2: We had reached them via helicopter, but not by road. 64 00:02:49,440 --> 00:02:50,519 Speaker 6: As it's very difficult. 65 00:02:50,680 --> 00:02:52,880 Speaker 2: In the Middle East, also a missed but for different reasons. 66 00:02:52,960 --> 00:02:55,120 Speaker 2: The back and forward over a journalist excess to gas 67 00:02:55,160 --> 00:02:55,720 Speaker 2: and continues. 68 00:02:55,840 --> 00:02:59,960 Speaker 1: Which organizations were from them recently them at least one, 69 00:03:00,160 --> 00:03:02,360 Speaker 1: at least once a week in many of the weeks, 70 00:03:02,360 --> 00:03:03,239 Speaker 1: twice the week. 71 00:03:03,040 --> 00:03:03,680 Speaker 3: Dozens of week. 72 00:03:03,720 --> 00:03:07,160 Speaker 7: Which organizations are later on which media organizations. 73 00:03:07,440 --> 00:03:11,720 Speaker 8: Wider organizations, and we're also participating with foreign press associations. 74 00:03:11,800 --> 00:03:13,240 Speaker 2: Now then we go to Europe, where a number of 75 00:03:13,240 --> 00:03:16,360 Speaker 2: semi dramatic things have unfolded. Firstly, vonder Land's plane on 76 00:03:16,440 --> 00:03:19,959 Speaker 2: approach to Bulgaria yesterday had as gps GM by the Russian. 77 00:03:19,720 --> 00:03:24,560 Speaker 9: Treats and intimidations that are a regular component of Russia's 78 00:03:24,600 --> 00:03:29,440 Speaker 9: hostile behavior. This incident actually underlines the urgency of the 79 00:03:29,480 --> 00:03:32,960 Speaker 9: mission that the president is carrying out in the frontline 80 00:03:33,000 --> 00:03:33,600 Speaker 9: member state. 81 00:03:33,960 --> 00:03:36,520 Speaker 2: In the UK, what looks like something close to panic 82 00:03:36,680 --> 00:03:39,400 Speaker 2: is Stama reshaping his office and the Home Secretary reshapes 83 00:03:39,440 --> 00:03:40,120 Speaker 2: migrant rules. 84 00:03:40,200 --> 00:03:43,400 Speaker 10: We need to close all asylum hotels, and we need 85 00:03:43,440 --> 00:03:46,400 Speaker 10: to do so for good, but that must be done 86 00:03:46,600 --> 00:03:49,680 Speaker 10: in a controlled and orderly manner and not through a 87 00:03:49,720 --> 00:03:53,560 Speaker 10: return to the previous government's chaos that led to the 88 00:03:53,600 --> 00:03:55,600 Speaker 10: opening of hotels, and the. 89 00:03:55,600 --> 00:03:57,600 Speaker 2: Queen shared and sat through a new book of the 90 00:03:57,640 --> 00:03:59,960 Speaker 2: time as a teenager she took on a sexual devian 91 00:04:00,080 --> 00:04:01,240 Speaker 2: trying to attack her on a train. 92 00:04:01,400 --> 00:04:05,520 Speaker 11: She now feels quite pragmatic about it and thinks if 93 00:04:05,560 --> 00:04:09,880 Speaker 11: people realize that there's no shame or stigma to being 94 00:04:10,120 --> 00:04:14,320 Speaker 11: a victim of these experiences, perhaps might make it easier 95 00:04:14,360 --> 00:04:17,000 Speaker 11: for other women and girls to talk about it. 96 00:04:17,520 --> 00:04:20,120 Speaker 2: Talk to him with a shoe apparently led to an arrest. Finally, 97 00:04:20,120 --> 00:04:22,640 Speaker 2: Guinness Book of World Records has turned seventy, so they 98 00:04:22,680 --> 00:04:27,040 Speaker 2: are revealing the records as yet unclaimed starters for ten 99 00:04:27,080 --> 00:04:30,320 Speaker 2: if you're interested, most whoopee cushions sat on in one minute, 100 00:04:31,080 --> 00:04:34,320 Speaker 2: fastest time to blow a stamped teen meters to most 101 00:04:34,400 --> 00:04:38,000 Speaker 2: high fives and thirty seconds, fastest four hundred meters sack race, 102 00:04:38,240 --> 00:04:40,240 Speaker 2: and the fastest time to ascend the height of Everest 103 00:04:40,240 --> 00:04:43,080 Speaker 2: by basketball, amongst others. Use the world and record in 104 00:04:43,080 --> 00:04:46,000 Speaker 2: the ninety city. Yes, Darbo, it's all internal. He needs 105 00:04:46,000 --> 00:04:48,080 Speaker 2: some more advisors, so he's hired a whole bunch of people, 106 00:04:48,080 --> 00:04:49,839 Speaker 2: some of them from the Bank of England. That Parat's 107 00:04:49,880 --> 00:04:53,839 Speaker 2: moderately interesting. Cooper's thing is more interesting. She suspended the 108 00:04:53,839 --> 00:04:56,880 Speaker 2: refugee family reunion applications. As the Tory said in the House, 109 00:04:57,240 --> 00:04:59,080 Speaker 2: if you arrive in Britain illegally, you should not be 110 00:04:59,120 --> 00:05:02,680 Speaker 2: allowed to bring your family. There's no kidding meantime. Leguard 111 00:05:02,760 --> 00:05:05,080 Speaker 2: and we'll probably cover this off with Catherine Leguard as 112 00:05:05,080 --> 00:05:09,159 Speaker 2: in Christine Leguard, the European Central bankhead has given a 113 00:05:09,160 --> 00:05:11,839 Speaker 2: speech said if Trump gets hold of the US Federal Reserve, 114 00:05:11,880 --> 00:05:14,520 Speaker 2: it represent a very serious dange to the global economy. 115 00:05:14,560 --> 00:05:16,280 Speaker 2: So she's laying it on thick as well. It's a 116 00:05:16,320 --> 00:05:18,000 Speaker 2: busy morning, twelve past six. 117 00:05:19,800 --> 00:05:24,640 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio, followed 118 00:05:24,680 --> 00:05:25,720 Speaker 1: by News Talks EPI. 119 00:05:28,640 --> 00:05:31,400 Speaker 2: Joe Bugners died. Remember Joe Bugner's seventy five years old. 120 00:05:31,440 --> 00:05:34,040 Speaker 2: He was He was in a care home in Brisbane 121 00:05:34,080 --> 00:05:36,280 Speaker 2: in Australia. He was Hungarian born, but he was British 122 00:05:36,320 --> 00:05:40,920 Speaker 2: and Australian. Henry Coopery beat if you're into boxing in 123 00:05:41,000 --> 00:05:43,960 Speaker 2: seventy one became the British, European and Commonwealth heavyweight titles. 124 00:05:43,960 --> 00:05:45,960 Speaker 2: He ended with a record of sixty nine victories, forty 125 00:05:46,000 --> 00:05:48,080 Speaker 2: one by knockout. His big claim to fame, of course, 126 00:05:48,600 --> 00:05:51,120 Speaker 2: was he went the distance with Ali back in seventy 127 00:05:51,120 --> 00:05:55,440 Speaker 2: three and seventy five. Fifteen past six, Joy and my wealth, 128 00:05:55,440 --> 00:05:58,400 Speaker 2: Andrew Keller her, good morning, very good morning, my love, 129 00:05:58,440 --> 00:06:01,200 Speaker 2: Building consents. We building, though? Is the question? 130 00:06:02,440 --> 00:06:04,720 Speaker 8: Well, we Hey, Mike, is it fair to say that 131 00:06:04,760 --> 00:06:06,840 Speaker 8: in the last few weeks we've seen a little bit 132 00:06:06,880 --> 00:06:10,080 Speaker 8: of a lift up in general economic centric I think 133 00:06:10,080 --> 00:06:12,640 Speaker 8: we have, and that's helped, of course by the dovers 134 00:06:12,680 --> 00:06:16,120 Speaker 8: shift in the RB and Z thinking. But as ever, now, 135 00:06:16,160 --> 00:06:18,159 Speaker 8: even though we've got that, we now wait, as we 136 00:06:18,240 --> 00:06:21,080 Speaker 8: have been doing for most of twenty twenty five, for 137 00:06:21,160 --> 00:06:23,800 Speaker 8: the numbers sort of to turn meaningfully. And we know 138 00:06:23,839 --> 00:06:26,080 Speaker 8: the construction sector is one that is really feeling the 139 00:06:26,080 --> 00:06:28,800 Speaker 8: effects of the sort of economic slow down, compounded of 140 00:06:28,839 --> 00:06:32,600 Speaker 8: course by the very lackluster residential property market, and we 141 00:06:32,640 --> 00:06:34,800 Speaker 8: need we need to see a lift in building contents, 142 00:06:34,880 --> 00:06:37,280 Speaker 8: I think, to give us confidence that the residential property 143 00:06:37,279 --> 00:06:40,799 Speaker 8: sector is really recovering. Now we aren't seeing that lift, 144 00:06:41,160 --> 00:06:44,120 Speaker 8: but we can say with confidence that the numbers are 145 00:06:44,279 --> 00:06:47,280 Speaker 8: very stable. We have built a very solid base. The 146 00:06:47,800 --> 00:06:50,320 Speaker 8: problem is, as we keep comparing ourselves to those crazy 147 00:06:50,320 --> 00:06:53,120 Speaker 8: times in twenty twenty one twenty twenty two, which kind 148 00:06:53,120 --> 00:06:56,440 Speaker 8: of doesn't help. They were weird. Now, in July thirty three, 149 00:06:56,800 --> 00:06:59,600 Speaker 8: eight hundred and seventy nine new homes were consented. That's 150 00:06:59,640 --> 00:07:02,520 Speaker 8: down zero point one percent compared to the year end 151 00:07:02,520 --> 00:07:04,880 Speaker 8: of July twenty twenty four, so I would call that 152 00:07:05,360 --> 00:07:08,480 Speaker 8: very stable now of interest. If you look at the breakdown, 153 00:07:08,800 --> 00:07:12,560 Speaker 8: standalone dwellings rose one point seven percent, offset by fall 154 00:07:12,960 --> 00:07:17,480 Speaker 8: in multi unit dwelling consents. But within that multi unit category, 155 00:07:17,560 --> 00:07:20,400 Speaker 8: apartment consents of how to jump now, they are by 156 00:07:20,440 --> 00:07:22,800 Speaker 8: their very nature lumpy, so we do have to be 157 00:07:22,880 --> 00:07:26,200 Speaker 8: careful of that of just one one spike. But there's 158 00:07:26,240 --> 00:07:29,600 Speaker 8: twenty six percent more apartments were consented for the year 159 00:07:29,960 --> 00:07:32,040 Speaker 8: compared to the year to July twenty twenty four, which 160 00:07:32,040 --> 00:07:34,240 Speaker 8: sounds like an awful lot, doesn't it. But it's still 161 00:07:34,280 --> 00:07:37,480 Speaker 8: only twenty two hundred and seventy nine concents out of 162 00:07:37,520 --> 00:07:40,320 Speaker 8: nearly sort of thirty four thousand, I suppose, so it's 163 00:07:40,320 --> 00:07:43,280 Speaker 8: not a huge proportion of them regionally. Mike, again not 164 00:07:43,320 --> 00:07:46,360 Speaker 8: surprising that apartment lift as an Auckland story, so lifted 165 00:07:46,360 --> 00:07:49,040 Speaker 8: the Auckland twelve month numbers up five percent and you go, well, 166 00:07:49,120 --> 00:07:52,960 Speaker 8: that's exciting, But you scan the rest of the country, Canterbury, 167 00:07:53,360 --> 00:07:57,000 Speaker 8: even Canterbury the twelve month total down two point six percent, 168 00:07:57,720 --> 00:08:00,520 Speaker 8: and then you've got places like Wellington down seven point four, 169 00:08:00,600 --> 00:08:03,760 Speaker 8: the Waikato down seven point one. But there is good 170 00:08:03,800 --> 00:08:06,320 Speaker 8: news in this making that the consents are very stable. 171 00:08:06,400 --> 00:08:07,240 Speaker 8: They're not falling. 172 00:08:07,320 --> 00:08:07,600 Speaker 2: Good. 173 00:08:07,600 --> 00:08:10,840 Speaker 8: What about Australia, Well, yeah, staying in the same lane. 174 00:08:10,880 --> 00:08:12,840 Speaker 8: I'm not sure why we keep doing this to our salves, 175 00:08:13,480 --> 00:08:16,360 Speaker 8: this constant comparison with Australia, but we do, don't we 176 00:08:16,720 --> 00:08:19,960 Speaker 8: And in the property lane, you could characterize their property 177 00:08:19,960 --> 00:08:22,880 Speaker 8: market as starting to show a little bit of life. 178 00:08:22,920 --> 00:08:24,440 Speaker 8: I think you might have referred to this a couple 179 00:08:24,480 --> 00:08:26,320 Speaker 8: of times in the last couple of weeks here. But 180 00:08:26,400 --> 00:08:30,560 Speaker 8: looking at the latest catality report Capital city houses over 181 00:08:30,560 --> 00:08:32,880 Speaker 8: there up zero point eight percent in August, which doesn't 182 00:08:32,920 --> 00:08:35,560 Speaker 8: seem like a lot, but that is the strongest growth 183 00:08:35,600 --> 00:08:37,360 Speaker 8: in over a year. Remember it's only a month, so 184 00:08:37,440 --> 00:08:40,000 Speaker 8: that's a very healthy run rate. But the thing is 185 00:08:40,040 --> 00:08:43,400 Speaker 8: that's not happening in isolation. You're seeing good growth in 186 00:08:43,440 --> 00:08:46,840 Speaker 8: housing credit and what we aren't seeing they're getting good 187 00:08:46,880 --> 00:08:49,840 Speaker 8: growth in building approvals over there, you're probably also going 188 00:08:49,880 --> 00:08:51,679 Speaker 8: to see further interest rate cuts. And I read an 189 00:08:51,720 --> 00:08:54,720 Speaker 8: article in the AFI yesterday where you had a property expert. 190 00:08:54,720 --> 00:08:59,000 Speaker 8: They were actually invoking the potential return of FOMO to 191 00:08:59,040 --> 00:09:01,680 Speaker 8: the Aussie resident market. That fear of missing out that 192 00:09:01,760 --> 00:09:04,840 Speaker 8: tends to drive a market, and favorite sellers not buyers. 193 00:09:04,920 --> 00:09:07,760 Speaker 8: But the last six Australia now might now looking a 194 00:09:07,800 --> 00:09:09,960 Speaker 8: little stronger. And if you know this is a I 195 00:09:10,000 --> 00:09:12,600 Speaker 8: know this is a fabricated number, but if you analyze, 196 00:09:12,640 --> 00:09:16,640 Speaker 8: if you annualize the six month numbers, you get very 197 00:09:16,840 --> 00:09:22,000 Speaker 8: perky numbers. Capital cities seven point one percent annualized, Darwin 198 00:09:22,120 --> 00:09:26,280 Speaker 8: almost twenty percent, Brisbane ten point two per nine point six. 199 00:09:26,360 --> 00:09:30,679 Speaker 8: I might if our little wager was on Australian cities, 200 00:09:31,400 --> 00:09:33,760 Speaker 8: you'd be in the money. You'd be in the money. 201 00:09:33,640 --> 00:09:35,440 Speaker 2: But I just said, it's not I just got the 202 00:09:35,440 --> 00:09:37,160 Speaker 2: wrong country, didn't I my fault. 203 00:09:37,280 --> 00:09:37,720 Speaker 3: That's right. 204 00:09:37,760 --> 00:09:39,360 Speaker 8: So you were almost there, you are. 205 00:09:39,360 --> 00:09:42,680 Speaker 2: I was just slightly to the left. Now, what you 206 00:09:42,840 --> 00:09:43,800 Speaker 2: like the Golden Visa? 207 00:09:45,040 --> 00:09:47,840 Speaker 8: Yeah, look, I think that makes absolute sense. It's just 208 00:09:47,880 --> 00:09:50,439 Speaker 8: such a sensible announcement in terms of complimenting the Golden 209 00:09:50,520 --> 00:09:53,240 Speaker 8: Visa offering as you've just said, as you said in 210 00:09:53,240 --> 00:09:56,040 Speaker 8: your editor you cannot expect somebody coming in taking a 211 00:09:56,040 --> 00:09:58,520 Speaker 8: residential visa, putting that amount of money and then tell 212 00:09:58,559 --> 00:10:00,520 Speaker 8: them they've got to rent it. So it's the central 213 00:10:00,600 --> 00:10:04,199 Speaker 8: sensible announcement saw percentage of actual actual housing stock. And 214 00:10:04,240 --> 00:10:07,120 Speaker 8: I think a good move, a sensible move, and i'd 215 00:10:07,200 --> 00:10:08,800 Speaker 8: like you though, I can't believe it took us that 216 00:10:08,840 --> 00:10:09,439 Speaker 8: long to get there. 217 00:10:09,559 --> 00:10:12,120 Speaker 2: It's amazing, eh. I think there's there's a story to 218 00:10:12,160 --> 00:10:14,000 Speaker 2: be told from behind the scenes that may well one 219 00:10:14,040 --> 00:10:15,839 Speaker 2: day make its way to the public view. Anyway, what 220 00:10:15,880 --> 00:10:17,080 Speaker 2: are what are the numbers? 221 00:10:18,040 --> 00:10:20,480 Speaker 8: So the US markets, it's labor day, so there's shuts. 222 00:10:20,480 --> 00:10:23,040 Speaker 8: So the closes there were exactly the same as well 223 00:10:23,040 --> 00:10:26,000 Speaker 8: on Friday, But for the record, the futures markets were 224 00:10:26,000 --> 00:10:29,079 Speaker 8: trading and small games. Looking at the futures marks and 225 00:10:29,120 --> 00:10:31,280 Speaker 8: the Dow Jones, the S and P five hundred and 226 00:10:31,280 --> 00:10:34,600 Speaker 8: the NASDAK overnight the fortsy one hundred nine one ninety 227 00:10:34,640 --> 00:10:37,280 Speaker 8: six up point one percent, the nick fel one point 228 00:10:37,320 --> 00:10:40,640 Speaker 8: twenty four percent, forty two than one hundred and eighty eight. 229 00:10:40,720 --> 00:10:43,360 Speaker 8: The close there. Shangho Composite was up just under half 230 00:10:43,400 --> 00:10:46,240 Speaker 8: a percent three eight seven five the close. The Aussie 231 00:10:46,240 --> 00:10:49,040 Speaker 8: has lost point five to one of a percent forty 232 00:10:49,040 --> 00:10:51,559 Speaker 8: five points eight nine to seven the close and the 233 00:10:51,600 --> 00:10:54,160 Speaker 8: insects fifty had good days up one hundred and thirty 234 00:10:54,200 --> 00:10:56,800 Speaker 8: nine points one point zero eight percent thirteen thousand and 235 00:10:56,960 --> 00:11:00,160 Speaker 8: seventy Kiwi dollop bang on point five nine. Again it's 236 00:11:00,240 --> 00:11:04,760 Speaker 8: the US point nine four against Ozzie point five four 237 00:11:04,800 --> 00:11:07,040 Speaker 8: to one Euro point four to three five six pounds 238 00:11:07,040 --> 00:11:10,319 Speaker 8: eighty six point eight five Japanese yen gold is surging 239 00:11:10,720 --> 00:11:13,760 Speaker 8: three thousand, four hundred and seventy seven dollars so very 240 00:11:13,840 --> 00:11:17,200 Speaker 8: high and breakthrought sixty eight dollars and fifteen. 241 00:11:16,800 --> 00:11:19,839 Speaker 2: Cent habitgrea da mate, Andrew Kelleher jmowalth dot co dot 242 00:11:19,920 --> 00:11:23,079 Speaker 2: m z go hohold the Minimus thing in America. If 243 00:11:23,080 --> 00:11:24,480 Speaker 2: you want to look at it from a British point 244 00:11:24,480 --> 00:11:28,959 Speaker 2: of view, small parcels from China to the UK more 245 00:11:29,000 --> 00:11:31,520 Speaker 2: than doubled in value last year, and our local British 246 00:11:31,559 --> 00:11:33,839 Speaker 2: businesses are going. It's not fair, but nevertheless people love 247 00:11:33,880 --> 00:11:36,040 Speaker 2: it and can't get enough of it. They are now 248 00:11:36,040 --> 00:11:37,800 Speaker 2: worth It was one point three billion pounds back in 249 00:11:37,800 --> 00:11:40,040 Speaker 2: twenty three, twenty four. It is now six point eight 250 00:11:40,320 --> 00:11:43,880 Speaker 2: billion New Zealand dollars a year. That is a big business. 251 00:11:43,880 --> 00:11:54,880 Speaker 2: Six twenty one, you're a newstalksitbo. 252 00:11:51,040 --> 00:11:55,480 Speaker 1: The Vike Hosking Breakfast Full Show podcast on iHeartRadio Power 253 00:11:55,559 --> 00:11:56,520 Speaker 1: by the News Talks. 254 00:11:56,320 --> 00:12:00,680 Speaker 2: It B Morning Mike. In unintended con sequence of the 255 00:12:00,800 --> 00:12:03,560 Speaker 2: five million dollars spend on houses golden visa immigrants is 256 00:12:03,600 --> 00:12:06,240 Speaker 2: that will enforce investment into Auckland and Queenstown. Should have 257 00:12:06,240 --> 00:12:08,400 Speaker 2: been a limit of say five times medium house price 258 00:12:08,440 --> 00:12:11,240 Speaker 2: in areas which may have seen golden visas go to 259 00:12:11,280 --> 00:12:15,160 Speaker 2: Kaiko funger A Timuru a year. See. I've thought about 260 00:12:15,160 --> 00:12:17,920 Speaker 2: that and I know that it was part of the 261 00:12:17,960 --> 00:12:20,480 Speaker 2: equation for a while. So in other words, maybe do 262 00:12:20,600 --> 00:12:23,880 Speaker 2: five million orcan Queen's toown three million elsewhere something like that. 263 00:12:24,280 --> 00:12:26,640 Speaker 2: It's a reasonable point to make, and it's certainly a 264 00:12:26,679 --> 00:12:29,120 Speaker 2: decent question to ask lux and with us directly after 265 00:12:29,160 --> 00:12:32,120 Speaker 2: seven treat us with us after seven thirty. Meantime, if 266 00:12:32,120 --> 00:12:35,480 Speaker 2: you've been following your social media, there was a video 267 00:12:35,520 --> 00:12:39,040 Speaker 2: that's gone viral globally of a bloke who snatched a 268 00:12:39,040 --> 00:12:41,800 Speaker 2: cap of a tennis player at the US Open from 269 00:12:41,800 --> 00:12:44,559 Speaker 2: a kid the player hands the cap to the kid. 270 00:12:45,200 --> 00:12:48,680 Speaker 2: The bloke the adult is standing next to him, snatches 271 00:12:48,720 --> 00:12:52,240 Speaker 2: at grabs it and runs. Will goes nuts. The power 272 00:12:52,240 --> 00:12:54,160 Speaker 2: of social media is out at him. He turns out 273 00:12:54,200 --> 00:12:57,360 Speaker 2: to be a Polish businessman called Peter, so he's busy 274 00:12:57,400 --> 00:13:01,640 Speaker 2: apologizing this morning because he's been sprung to unequivocally apologize 275 00:13:01,640 --> 00:13:04,280 Speaker 2: to the injured boy, his family, as well as all 276 00:13:04,280 --> 00:13:06,920 Speaker 2: fans and the player himself. I made a huge mistake 277 00:13:07,400 --> 00:13:10,040 Speaker 2: emotionally in the crowd cheering after the victory. I was 278 00:13:10,120 --> 00:13:12,520 Speaker 2: convinced that the player was passing me the hat in 279 00:13:12,520 --> 00:13:14,439 Speaker 2: my direction, which is complete crap. If you see the 280 00:13:14,480 --> 00:13:18,000 Speaker 2: video today, I know I did something that seemed like 281 00:13:18,200 --> 00:13:21,200 Speaker 2: consciously collecting a memento from a child. This wasn't my intention, 282 00:13:21,280 --> 00:13:22,839 Speaker 2: but it doesn't change the fact that I hurt the 283 00:13:22,880 --> 00:13:24,679 Speaker 2: boy and disappointed the fans. The hat was given to 284 00:13:24,679 --> 00:13:26,840 Speaker 2: the boy in apologies to the family, so I don't 285 00:13:26,840 --> 00:13:28,600 Speaker 2: know whether he gets away with that. But nevertheless, the 286 00:13:28,600 --> 00:13:30,559 Speaker 2: power of social media is an extraordinary thing. Because it 287 00:13:30,600 --> 00:13:32,880 Speaker 2: wasn't for social media, you'd never know who the prat 288 00:13:33,000 --> 00:13:36,319 Speaker 2: was and he never would have been out sex twenty six. 289 00:13:36,520 --> 00:13:40,720 Speaker 3: Trending now with Womsquare House. You're one start for Fathers 290 00:13:40,720 --> 00:13:41,640 Speaker 3: and day Fragrances. 291 00:13:41,800 --> 00:13:46,320 Speaker 2: Now to the women's rugby League in the UK. So 292 00:13:46,400 --> 00:13:52,160 Speaker 2: we've got York Valkyrie versus Saint Helen's. Shanade peaches the 293 00:13:52,160 --> 00:13:54,040 Speaker 2: captain of the York side. She didn't like one of 294 00:13:54,040 --> 00:13:56,560 Speaker 2: the calls that went against her team, so she let 295 00:13:56,600 --> 00:13:59,079 Speaker 2: the ref know. Ref not impressed. 296 00:14:00,240 --> 00:14:03,800 Speaker 7: Seven has another chat with the player. That's a decision. 297 00:14:03,960 --> 00:14:05,960 Speaker 12: I'm not having new saying twenty is shagging. 298 00:14:06,080 --> 00:14:12,200 Speaker 2: You're here, she's gone. I'm not having you saying which 299 00:14:12,240 --> 00:14:13,120 Speaker 2: one am I shagging? 300 00:14:14,720 --> 00:14:16,000 Speaker 7: Is that because he didn't want to tell her which 301 00:14:16,040 --> 00:14:17,000 Speaker 7: one he was shagging, or. 302 00:14:18,679 --> 00:14:20,840 Speaker 2: Could have been more than one that would be got embarrassing, 303 00:14:23,360 --> 00:14:24,800 Speaker 2: said a bit below the belt at this time of 304 00:14:24,800 --> 00:14:25,160 Speaker 2: the morning. 305 00:14:25,600 --> 00:14:26,240 Speaker 7: I retract. 306 00:14:26,520 --> 00:14:28,880 Speaker 2: Yep, sorry I retract? Do I I don't know. It's 307 00:14:28,880 --> 00:14:31,720 Speaker 2: probably too late house listings, by the way, we've got 308 00:14:31,760 --> 00:14:33,760 Speaker 2: good house listening, but some good news. I think Andrew 309 00:14:33,800 --> 00:14:36,280 Speaker 2: was right. We've got some good news around housing at 310 00:14:36,280 --> 00:14:38,840 Speaker 2: the moment, and the mortgage money is starting to flow, 311 00:14:38,960 --> 00:14:42,160 Speaker 2: so obviously a lot of people refixing. We know that story. 312 00:14:42,160 --> 00:14:43,960 Speaker 2: It's been told a million times over in the last 313 00:14:43,960 --> 00:14:47,680 Speaker 2: couple of years. But new mortgage lending as and give 314 00:14:47,720 --> 00:14:49,200 Speaker 2: me some money, I want to go buy a house 315 00:14:49,320 --> 00:14:52,040 Speaker 2: is up twenty four percent in fact over twenty four 316 00:14:52,040 --> 00:14:54,720 Speaker 2: percent in the last year. So something is going on. 317 00:14:54,760 --> 00:14:56,560 Speaker 2: We'll talk to the good people at CENTRICX up for 318 00:14:56,560 --> 00:14:59,320 Speaker 2: the news, which is next to your news talk said be. 319 00:15:10,400 --> 00:15:15,840 Speaker 1: Mike hos Game insightful, engaging and vital, the Mic Hosking, 320 00:15:15,880 --> 00:15:20,360 Speaker 1: Breakfast with a Vita, Retirement Communities, Life Your Way, News, 321 00:15:20,400 --> 00:15:21,800 Speaker 1: Togs Dead b cathern. 322 00:15:21,560 --> 00:15:24,280 Speaker 2: Field shortly vander Lane's planer told you about at the 323 00:15:24,280 --> 00:15:25,680 Speaker 2: start of the show, and that comes off the back 324 00:15:25,720 --> 00:15:28,400 Speaker 2: of the EU delegation officers being attacked last week. There 325 00:15:28,480 --> 00:15:31,760 Speaker 2: is certainly no meeting between Putin and Zelensky so and 326 00:15:31,880 --> 00:15:34,520 Speaker 2: troops on the ground in terms of security guarantees. So 327 00:15:34,520 --> 00:15:36,400 Speaker 2: a lot going on in Europe. We'll head there shortly 328 00:15:36,840 --> 00:15:39,080 Speaker 2: meantime at twenty three to seven. Back here seems we've 329 00:15:39,080 --> 00:15:40,720 Speaker 2: got a lift of sorts and housing, which is good. 330 00:15:40,760 --> 00:15:42,800 Speaker 2: So spring is here for on by a band of course, 331 00:15:42,800 --> 00:15:45,280 Speaker 2: we're investors adjustable. Talk to Luxon about that after seven 332 00:15:45,280 --> 00:15:48,320 Speaker 2: o'clock and new stats that show mortgage inquiries are up 333 00:15:48,360 --> 00:15:51,360 Speaker 2: sixteen percent. New lending is up over twenty four percent 334 00:15:51,400 --> 00:15:54,040 Speaker 2: year on year. Monica Lacy is Centric's chief operating officer. 335 00:15:54,080 --> 00:15:55,880 Speaker 2: In his back, well this Monica, good morning to you. 336 00:15:56,680 --> 00:15:57,360 Speaker 13: Good morning, Mike. 337 00:15:57,480 --> 00:15:58,800 Speaker 2: Do we feel a vibe here? 338 00:16:00,320 --> 00:16:02,960 Speaker 13: Possibly? I think a lot of the new mortgage lending 339 00:16:03,000 --> 00:16:06,880 Speaker 13: activity is definitely driven by the changing intra thrates and 340 00:16:06,920 --> 00:16:09,880 Speaker 13: people shopping around for the best deal they can get. 341 00:16:10,000 --> 00:16:13,840 Speaker 13: So whether that ends up translating and continuing to grow 342 00:16:14,600 --> 00:16:15,360 Speaker 13: was yet to be saying. 343 00:16:16,040 --> 00:16:18,920 Speaker 2: Good piece of clarification. So what you term new mortgage 344 00:16:19,000 --> 00:16:22,120 Speaker 2: lending is not fresh money. It is just people renegotiating 345 00:16:22,120 --> 00:16:22,880 Speaker 2: what they've already got. 346 00:16:23,560 --> 00:16:26,280 Speaker 13: It's a combination. That's actually the RBNZ definition. 347 00:16:26,440 --> 00:16:29,240 Speaker 2: So it's both okay, twenty four percent, so a lot 348 00:16:29,240 --> 00:16:31,680 Speaker 2: of people on turnover, but the interest rates are lower, 349 00:16:31,720 --> 00:16:34,400 Speaker 2: so that presumably leads something. So we don't know whether 350 00:16:34,440 --> 00:16:36,840 Speaker 2: there's much more money out there in the market buying 351 00:16:36,880 --> 00:16:37,720 Speaker 2: more homes. 352 00:16:37,440 --> 00:16:39,440 Speaker 13: Yet not from our data. 353 00:16:39,440 --> 00:16:42,320 Speaker 2: And I okay, does anyone crunch the numbers on what 354 00:16:42,360 --> 00:16:44,600 Speaker 2: they're choosing at the moment? By the way, is it fixed, 355 00:16:44,680 --> 00:16:46,880 Speaker 2: is it floating? Is it how fixed? For how long? 356 00:16:46,920 --> 00:16:49,880 Speaker 13: All that sort of stuff, I don't have that information 357 00:16:49,920 --> 00:16:51,720 Speaker 13: in front of me. I think the rbnz'd published that. 358 00:16:51,840 --> 00:16:53,360 Speaker 13: But what I do know is that there is about 359 00:16:53,360 --> 00:16:56,200 Speaker 13: thirty six percent of fixed mortgages to roll off in 360 00:16:56,240 --> 00:16:58,600 Speaker 13: the next six months. So that's quite a bit of 361 00:16:58,600 --> 00:17:01,760 Speaker 13: activity that will start to see through, and that should 362 00:17:01,760 --> 00:17:03,800 Speaker 13: also result in a bit more cash in people's pockets, 363 00:17:03,800 --> 00:17:04,440 Speaker 13: which will be good. 364 00:17:04,640 --> 00:17:06,840 Speaker 2: If I ask you a pop question now, Monica, the 365 00:17:06,920 --> 00:17:09,440 Speaker 2: question is do you think there will be more mortgage 366 00:17:09,440 --> 00:17:12,000 Speaker 2: cuts coming before the end of the year. What's your answer? 367 00:17:13,640 --> 00:17:16,760 Speaker 13: The indication certainly is that we'll see at least another one. 368 00:17:17,520 --> 00:17:19,399 Speaker 13: Whether there'll be two or not, I don't know, but 369 00:17:19,760 --> 00:17:21,040 Speaker 13: we'll just have to wait and say. 370 00:17:21,600 --> 00:17:23,520 Speaker 2: The reason I ask you that question is there was 371 00:17:23,560 --> 00:17:25,960 Speaker 2: a poll out yesterday that said sixty six percent of 372 00:17:25,960 --> 00:17:28,120 Speaker 2: New Zealanders don't think there'll be any more cuts before 373 00:17:28,119 --> 00:17:29,520 Speaker 2: the end of the year. And I just find that 374 00:17:29,640 --> 00:17:32,600 Speaker 2: astounding that people are so asleep that we all know 375 00:17:32,760 --> 00:17:34,720 Speaker 2: more was coming, and that's what the Reserve Bank has said, 376 00:17:34,760 --> 00:17:36,840 Speaker 2: and that's what we need, et cetera. So I just 377 00:17:36,880 --> 00:17:39,480 Speaker 2: wonder if this sort of weird disconnect in the market 378 00:17:39,480 --> 00:17:41,080 Speaker 2: of no one knows what the hell's going on. 379 00:17:42,760 --> 00:17:45,520 Speaker 13: Yeah, that's very well. It definitely sounds like it doesn't that. Sorry, 380 00:17:46,119 --> 00:17:47,960 Speaker 13: it's a shame actually, because what we need is people 381 00:17:48,000 --> 00:17:50,080 Speaker 13: to feel confident to help ten things around a little 382 00:17:50,080 --> 00:17:50,600 Speaker 13: bit more. 383 00:17:50,560 --> 00:17:52,719 Speaker 2: Exactly as far as things or money is owed at 384 00:17:52,720 --> 00:17:54,600 Speaker 2: the moment, four hundred and eighty thousand people in areas, 385 00:17:54,600 --> 00:17:56,320 Speaker 2: it's up a couple of thousand. Is that material? 386 00:17:57,600 --> 00:17:59,840 Speaker 13: It's not like it's a really small percentage of the 387 00:18:00,080 --> 00:18:03,560 Speaker 13: real population. We've got four million credit active kiwis in 388 00:18:03,560 --> 00:18:07,320 Speaker 13: the market. Of those eighty one thousand or in ninety 389 00:18:07,400 --> 00:18:11,199 Speaker 13: days plus, so that's quite a severe delinquency stage. So 390 00:18:11,800 --> 00:18:13,560 Speaker 13: I mean, that's a big number on its own, but 391 00:18:13,600 --> 00:18:17,480 Speaker 13: in the context that's actually quite small. So overall kiwis 392 00:18:17,480 --> 00:18:20,400 Speaker 13: are doing quite well at managing their financial situations. 393 00:18:20,440 --> 00:18:22,600 Speaker 2: Good to hear in ninety days and that numbers actually 394 00:18:22,640 --> 00:18:24,600 Speaker 2: for those who are in trouble ninety days, which are 395 00:18:24,600 --> 00:18:26,439 Speaker 2: a reasonable period of time. As you point out, that 396 00:18:26,560 --> 00:18:30,040 Speaker 2: number is trending down or is it least flat year, Yeah, it. 397 00:18:30,000 --> 00:18:32,480 Speaker 13: Is, so the late stagery is a flat in the 398 00:18:32,520 --> 00:18:35,680 Speaker 13: early stageries is trending down, So that means that should 399 00:18:35,720 --> 00:18:39,399 Speaker 13: start to flow through into the lower late Stagerias, so 400 00:18:39,800 --> 00:18:41,359 Speaker 13: you know there is a positive sign there. 401 00:18:41,480 --> 00:18:43,280 Speaker 2: Good stuff all right, Nice to catch up as always, 402 00:18:43,280 --> 00:18:46,600 Speaker 2: Monica Lacy, who's the chief operating officer at Centrix, by 403 00:18:46,640 --> 00:18:50,520 Speaker 2: the way, just quickly on the listings yesterday more listings, 404 00:18:50,640 --> 00:18:52,560 Speaker 2: but we've never had a problem with listenings. Have been 405 00:18:52,600 --> 00:18:55,040 Speaker 2: record numbers of listenings and plenty of houses per sale. 406 00:18:55,400 --> 00:18:57,919 Speaker 2: But over the August period nine percent left to Auckland 407 00:18:58,000 --> 00:19:02,480 Speaker 2: up thirteen percent, Wellington eleven, wycout nine Buy plenty forty six. 408 00:19:02,640 --> 00:19:05,400 Speaker 2: Something's gone on there that'll be a new development or something. 409 00:19:05,440 --> 00:19:07,840 Speaker 2: Gisben up forty percent. So those and monthly numbers, but 410 00:19:07,880 --> 00:19:11,160 Speaker 2: six regions year on year, month on month asking price 411 00:19:11,200 --> 00:19:13,560 Speaker 2: growth and the Bay a plenty, Cori, Mental, Gisban, Manawatu, 412 00:19:13,640 --> 00:19:15,439 Speaker 2: North lond and Taranaki. So I think there is some 413 00:19:15,520 --> 00:19:16,440 Speaker 2: life there after all. 414 00:19:16,680 --> 00:19:22,720 Speaker 1: Nineteen two The Mic Hosking Breakfast Full Show podcast on iHeartRadio, 415 00:19:22,960 --> 00:19:24,359 Speaker 1: coward By News Talks EPI. 416 00:19:25,640 --> 00:19:28,359 Speaker 2: Here's something real for you this Tuesday morning. Street Smart 417 00:19:28,359 --> 00:19:30,680 Speaker 2: hands on in car training for young drivers. Told you 418 00:19:30,720 --> 00:19:33,440 Speaker 2: about this before. It's teaching the roads unforgiving realities. It's 419 00:19:33,440 --> 00:19:36,440 Speaker 2: a brilliant idea. It ran into trouble, but then Tony 420 00:19:36,480 --> 00:19:38,440 Speaker 2: Quinn Foundation sort of brought it back to life, which 421 00:19:38,480 --> 00:19:40,400 Speaker 2: is good. So we've got a company with backbone Star 422 00:19:40,480 --> 00:19:42,560 Speaker 2: and sure they're on board now they're supporting it. They're 423 00:19:42,560 --> 00:19:45,400 Speaker 2: not waiting our old mat Greg Murphy, he's on board. 424 00:19:45,440 --> 00:19:47,840 Speaker 2: He backs the program, So that's got some credibility behind 425 00:19:47,880 --> 00:19:51,840 Speaker 2: at Subaru. Also recognizing the critical need for practical education, 426 00:19:52,040 --> 00:19:55,280 Speaker 2: Starr Insurer's commitment means that more young drivers basically are 427 00:19:55,320 --> 00:19:58,040 Speaker 2: going to get skills that keep them alive. Forget the classrooms, 428 00:19:58,080 --> 00:20:01,240 Speaker 2: forget the computer tests. This is all about real world reactions. 429 00:20:01,280 --> 00:20:04,359 Speaker 2: So if you're a business leader, give street Smart a call, 430 00:20:04,440 --> 00:20:06,600 Speaker 2: get a young driver in your life, book them into 431 00:20:06,640 --> 00:20:09,720 Speaker 2: the street Smart course. It's not a luxury, it's a necessity. 432 00:20:09,760 --> 00:20:11,880 Speaker 2: It's amazing what you will learn. You know, it's good 433 00:20:11,920 --> 00:20:16,879 Speaker 2: practical stuff. Star and Suer, Tony Quinn Foundation, Greg Murphy, Sabari. 434 00:20:16,880 --> 00:20:19,480 Speaker 2: They're making a real difference. So street smart dot en 435 00:20:19,680 --> 00:20:22,520 Speaker 2: z is where you're heading for locations and times and 436 00:20:22,520 --> 00:20:24,000 Speaker 2: all that sort of stuff to find out more and 437 00:20:24,080 --> 00:20:27,080 Speaker 2: register street smart hands on practical learning for young people. 438 00:20:27,119 --> 00:20:31,840 Speaker 2: So street smart dot n z pask Dodgy yesterday about 439 00:20:31,920 --> 00:20:34,960 Speaker 2: Vegas and the tariff starting the Bank on tourism. So 440 00:20:35,040 --> 00:20:38,159 Speaker 2: official numbers out yesterday from Tourism Economics, which is an 441 00:20:38,160 --> 00:20:42,600 Speaker 2: analytics company US again they were they said US was 442 00:20:42,600 --> 00:20:45,200 Speaker 2: going to see nine percent growth and overall international visitation 443 00:20:45,320 --> 00:20:48,640 Speaker 2: this year. Good nine percent, fantastic. They updated it yesterday. 444 00:20:48,840 --> 00:20:51,040 Speaker 2: It's now going backwards eight point two percent. So it's 445 00:20:51,040 --> 00:20:54,320 Speaker 2: gone from plus nine to minus eight point two, twenty 446 00:20:54,359 --> 00:20:58,040 Speaker 2: five percent fall in Canadians six forty five. 447 00:20:58,680 --> 00:21:02,600 Speaker 14: International correspondent squid ins an eye insurance, peace of mind 448 00:21:02,640 --> 00:21:04,600 Speaker 14: for New Zealand business brothers and. 449 00:21:04,520 --> 00:21:07,679 Speaker 2: Past Captain wind You good morning, mate, So I end 450 00:21:07,720 --> 00:21:09,760 Speaker 2: a Lyon's on the plane yesterday. And this comes off 451 00:21:09,800 --> 00:21:11,520 Speaker 2: the back of that attack on the officers here. This 452 00:21:11,560 --> 00:21:15,200 Speaker 2: is getting really problematic, isn't it. 453 00:21:15,200 --> 00:21:17,400 Speaker 15: It's getting a little bit close to the bone. You're 454 00:21:17,440 --> 00:21:20,120 Speaker 15: quite right, Mike, and there is concerned that kat as 455 00:21:20,119 --> 00:21:24,520 Speaker 15: you rightly said last week, those Russian attacks on the 456 00:21:24,640 --> 00:21:30,280 Speaker 15: Ukrainian capital Kiev, there was damage done to the EU's 457 00:21:30,359 --> 00:21:33,639 Speaker 15: delegation office there and the capitol. And then, of course, 458 00:21:33,840 --> 00:21:37,080 Speaker 15: as you say on Sunday, Erstena Vonderlin had been on 459 00:21:37,680 --> 00:21:42,280 Speaker 15: quite an extensive tour of frontline state. She'd been to Finland, 460 00:21:42,359 --> 00:21:44,960 Speaker 15: the Baltic States, remaining in Poland, and this was the 461 00:21:45,040 --> 00:21:49,760 Speaker 15: final leg that was to support, which was, you know, 462 00:21:49,840 --> 00:21:52,120 Speaker 15: quite a difficult airport to land it really because it's 463 00:21:52,240 --> 00:21:56,400 Speaker 15: right in central Bulgaria, quite away from the coastline there. 464 00:21:57,119 --> 00:22:03,399 Speaker 15: And suddenly the electronic navigation on that plane was jammed. 465 00:22:03,400 --> 00:22:06,879 Speaker 15: The entire satellite system was jammed, couldn't use any of 466 00:22:06,880 --> 00:22:10,479 Speaker 15: the electronic navigational aids and in fact had to go 467 00:22:10,600 --> 00:22:14,520 Speaker 15: back to using this ground based navigational aid which, of 468 00:22:14,560 --> 00:22:18,200 Speaker 15: course in some of our Leman's turns me maps looking 469 00:22:18,240 --> 00:22:21,840 Speaker 15: at where the hills are, checking where the runway is. 470 00:22:22,160 --> 00:22:24,720 Speaker 15: Essentially the plane had to circle for about an hour 471 00:22:24,920 --> 00:22:30,240 Speaker 15: above above the airport there. Unfortunately, Mike, this isn't the 472 00:22:30,280 --> 00:22:33,480 Speaker 15: first time we've had this happen. It's been quite often 473 00:22:33,840 --> 00:22:36,760 Speaker 15: occurring in the Baltic Sea around that area since twenty 474 00:22:36,800 --> 00:22:40,000 Speaker 15: twenty two. I think the biggest one we saw before 475 00:22:40,080 --> 00:22:44,760 Speaker 15: this might remember March last year, the UK Defense Secretary, 476 00:22:45,080 --> 00:22:47,800 Speaker 15: he was on a flight back to the UK from Poland. 477 00:22:48,320 --> 00:22:52,840 Speaker 15: Again happened, there's jamming the satellite system. It's assumed the 478 00:22:52,920 --> 00:22:57,680 Speaker 15: Russians carried out this jamming of the system as well 479 00:22:57,720 --> 00:23:02,080 Speaker 15: as last year for the UK Defense Secretary, certainly just 480 00:23:02,119 --> 00:23:05,639 Speaker 15: a concern that perhaps just you know, mister Putin should 481 00:23:06,080 --> 00:23:08,080 Speaker 15: step back a little, getting a bit too close to 482 00:23:08,119 --> 00:23:09,359 Speaker 15: the bone for some Europeans. 483 00:23:09,960 --> 00:23:12,439 Speaker 2: Call me Nai, but have we given up on Putin? 484 00:23:12,480 --> 00:23:14,760 Speaker 2: Vzelenski in a meeting room. 485 00:23:15,240 --> 00:23:16,240 Speaker 15: Were given up on that? 486 00:23:16,359 --> 00:23:18,159 Speaker 6: Yeah, yeah, that's not going to happen. 487 00:23:18,720 --> 00:23:21,320 Speaker 15: And I think what do we see the Russian Foreign 488 00:23:21,359 --> 00:23:24,280 Speaker 15: Minister lever Off last week he said, well, there's got 489 00:23:24,359 --> 00:23:26,080 Speaker 15: to be a lot of work to be done before 490 00:23:26,160 --> 00:23:26,840 Speaker 15: anything like this. 491 00:23:27,600 --> 00:23:28,720 Speaker 5: I think we can read that. 492 00:23:28,720 --> 00:23:33,080 Speaker 2: The security guarantee thing related matters if the Europeans go 493 00:23:33,160 --> 00:23:36,200 Speaker 2: in as a security guarantee, is that boots on the ground. 494 00:23:37,560 --> 00:23:40,080 Speaker 15: Depends how you talked to a bit of a concern 495 00:23:40,119 --> 00:23:44,080 Speaker 15: about this one, Mike, because still Wonderline was making a 496 00:23:44,119 --> 00:23:47,000 Speaker 15: big thing over the weekend, particularly also in an interview 497 00:23:47,040 --> 00:23:50,560 Speaker 15: with The Financial Times, that the European Commission had put 498 00:23:50,600 --> 00:23:55,640 Speaker 15: together what she described as a pretty precise plan of engagement, 499 00:23:56,480 --> 00:24:00,520 Speaker 15: which meant boots on the ground in Ukraine once there 500 00:24:00,560 --> 00:24:03,679 Speaker 15: has been some sort of ceasefire, once it's been some 501 00:24:03,760 --> 00:24:06,120 Speaker 15: sort of peace plant. Well, we're a long way from that. 502 00:24:07,080 --> 00:24:09,360 Speaker 15: The German defenseman is that just in the last couple 503 00:24:09,400 --> 00:24:12,400 Speaker 15: of hours has hit the roof about this idea, said 504 00:24:12,760 --> 00:24:18,359 Speaker 15: there's fundamentally wrong to be discussing these sorts of logistics 505 00:24:18,480 --> 00:24:22,719 Speaker 15: even when there isn't the opening of peace negotiations, but 506 00:24:22,760 --> 00:24:25,800 Speaker 15: also pretty much saying, look, you know, the European Commission 507 00:24:25,800 --> 00:24:29,159 Speaker 15: has got no competency and there's no responsibility for this. 508 00:24:29,280 --> 00:24:32,600 Speaker 15: So already seen Europeans arguing about this. But at the 509 00:24:32,600 --> 00:24:36,040 Speaker 15: same time, Mike, you know we're looking at later this 510 00:24:36,119 --> 00:24:41,000 Speaker 15: week the collition of the Willing meeting to discuss security guarantees. 511 00:24:41,840 --> 00:24:44,760 Speaker 15: Now that's very different from boots on the ground, isn't it. 512 00:24:44,800 --> 00:24:47,880 Speaker 15: And of course France and the UK have been talking 513 00:24:47,880 --> 00:24:51,120 Speaker 15: about the possibility of troops on the ground, but other 514 00:24:51,200 --> 00:24:55,280 Speaker 15: countries such as Germany, Italy, they're not so keen. 515 00:24:55,520 --> 00:24:57,679 Speaker 2: Well, just give us quickly on the reguard speech in 516 00:24:57,680 --> 00:25:00,320 Speaker 2: this business of Trump allegedly taking over the fee and 517 00:25:00,640 --> 00:25:03,440 Speaker 2: I'm sure if there's a lot to worry about, Catherine, 518 00:25:04,440 --> 00:25:05,240 Speaker 2: there is a. 519 00:25:05,200 --> 00:25:08,359 Speaker 15: Lot to worry about. And essentially what Legand is saying 520 00:25:08,520 --> 00:25:11,520 Speaker 15: is read the signals that are coming out of the US. 521 00:25:12,200 --> 00:25:14,600 Speaker 15: This is going to affect us all. It's not just 522 00:25:14,760 --> 00:25:18,359 Speaker 15: this signal going hey, watch out, you cannot trust our 523 00:25:18,440 --> 00:25:20,760 Speaker 15: figures and when it comes to the US, you cannot 524 00:25:20,800 --> 00:25:23,879 Speaker 15: trust our markets. You cannot trust this. She is saying, 525 00:25:24,200 --> 00:25:26,800 Speaker 15: this is going to affect us all and watch out. 526 00:25:27,000 --> 00:25:29,640 Speaker 2: Yeah, hey, just quickly this time next week the big 527 00:25:29,720 --> 00:25:32,240 Speaker 2: votes on the confidence vote, Do we have any sense 528 00:25:32,280 --> 00:25:33,760 Speaker 2: of numbers? Are they going to lose it or not? 529 00:25:33,960 --> 00:25:38,919 Speaker 15: For the budget, well, there's no consensus whatsoever that he 530 00:25:38,960 --> 00:25:42,080 Speaker 15: will win. I mean French prime minister is he's not powerful, 531 00:25:42,200 --> 00:25:44,879 Speaker 15: he's not popular enough to carry this through. And the 532 00:25:44,960 --> 00:25:47,639 Speaker 15: thing was this big announcement he made in an interview 533 00:25:47,720 --> 00:25:50,720 Speaker 15: over the weekend. He's just said, how dre The situation 534 00:25:50,960 --> 00:25:55,399 Speaker 15: is that it's been twenty years spend span spent well not. 535 00:25:55,480 --> 00:25:57,280 Speaker 15: What the people are saying is yeah, but you're the 536 00:25:57,320 --> 00:26:00,679 Speaker 15: same politicians that have been spending this money. They really 537 00:26:00,720 --> 00:26:04,359 Speaker 15: do not have public confidence that these same politicians are 538 00:26:04,400 --> 00:26:05,719 Speaker 15: going to kind of come up with the answers. 539 00:26:05,760 --> 00:26:07,879 Speaker 2: All right, listen, you're so good, Catherine. I'm going to 540 00:26:07,920 --> 00:26:10,720 Speaker 2: get you back Thursday, so all right, don't go anyway. 541 00:26:11,000 --> 00:26:13,320 Speaker 2: Nice to see Catherine Field in for Joe on Thursday. 542 00:26:13,359 --> 00:26:15,320 Speaker 2: Catherine Field out of Francis Whey. By the way, europe 543 00:26:15,320 --> 00:26:17,520 Speaker 2: are buying these American weapons announced yesterday three and a 544 00:26:17,560 --> 00:26:20,840 Speaker 2: half thousand extended range cruise missiles at GPS navigation kits. 545 00:26:21,160 --> 00:26:24,119 Speaker 2: That's off to Ukraine. Congress needs to formally approve it, 546 00:26:24,200 --> 00:26:27,840 Speaker 2: but it's eight hundred and twenty five US million. Denmark, 547 00:26:27,880 --> 00:26:30,119 Speaker 2: Netherlands and Norway are paying it. It's one of these 548 00:26:30,160 --> 00:26:33,800 Speaker 2: first purchases that the Europeans have agreed to since Trump 549 00:26:33,880 --> 00:26:35,800 Speaker 2: told them to start spending more on defense. So that's 550 00:26:35,800 --> 00:26:38,200 Speaker 2: a win for my guests. Nine minutes away from seven. 551 00:26:38,160 --> 00:26:42,600 Speaker 1: The Mike Hosking Breakfast with a Vida Retirement, Communities News 552 00:26:42,640 --> 00:26:43,080 Speaker 1: togs Head. 553 00:26:43,119 --> 00:26:45,159 Speaker 2: Been away from some very exciting day to day I 554 00:26:45,160 --> 00:26:46,600 Speaker 2: don't know if you're weare, but the nurses are on 555 00:26:46,680 --> 00:26:48,680 Speaker 2: strike again for a couple of days to day and Thursday. 556 00:26:48,800 --> 00:26:50,919 Speaker 2: No one loves industrial election more than I do, and 557 00:26:50,960 --> 00:26:52,879 Speaker 2: so it's very exciting that we're back on the packet 558 00:26:52,880 --> 00:26:55,879 Speaker 2: line with fresh science and complaining about our lot. Not 559 00:26:55,960 --> 00:26:57,840 Speaker 2: that we don't have sympathy for the nurses, of course, 560 00:26:57,880 --> 00:27:00,800 Speaker 2: because we do. But if you're one of the people 561 00:27:00,880 --> 00:27:03,119 Speaker 2: who was in a line for a bit of surgery today. 562 00:27:03,160 --> 00:27:05,960 Speaker 2: Thirteen thousand surgeries and appointments have been adjusted today just 563 00:27:06,000 --> 00:27:09,680 Speaker 2: the thirteen thousand, so there's not much disruption. Average salary, 564 00:27:09,680 --> 00:27:11,760 Speaker 2: by the way, for a registered nurses now over one 565 00:27:11,840 --> 00:27:14,760 Speaker 2: hundred and twenty five thousand dollars and I have more 566 00:27:14,840 --> 00:27:17,680 Speaker 2: numbers on that too. So really, should you be striking 567 00:27:17,680 --> 00:27:19,520 Speaker 2: for more money in a country that has no money 568 00:27:19,520 --> 00:27:21,440 Speaker 2: when you're already earning one hundred and twenty five thousand 569 00:27:21,480 --> 00:27:25,920 Speaker 2: dollars five away from seven for the ins and the ouse. 570 00:27:26,240 --> 00:27:30,360 Speaker 1: It's the fizz with business tiber take your business productivity 571 00:27:30,440 --> 00:27:31,320 Speaker 1: to the next level. 572 00:27:31,320 --> 00:27:32,680 Speaker 2: I think we've got some good news if you're in 573 00:27:32,720 --> 00:27:35,440 Speaker 2: a house building. We got the QB Cost Builders August 574 00:27:35,560 --> 00:27:37,880 Speaker 2: update stats this morning, so that looks at the cost 575 00:27:37,920 --> 00:27:42,840 Speaker 2: of thousands of material or materials over sixty thousand different 576 00:27:42,880 --> 00:27:45,480 Speaker 2: labor rates in our main centers. It's found the average 577 00:27:45,520 --> 00:27:48,399 Speaker 2: cost of constructing a one or two bedroom home between 578 00:27:48,440 --> 00:27:50,400 Speaker 2: one hundred and fifty and two hundred and fifty square meters, 579 00:27:50,400 --> 00:27:53,000 Speaker 2: which is about average about two hundred square meters on average. 580 00:27:53,080 --> 00:27:56,240 Speaker 2: It went up just zero zero point two percent over 581 00:27:56,280 --> 00:28:00,520 Speaker 2: the past three months, so she's flattened out nice. That 582 00:28:00,560 --> 00:28:02,720 Speaker 2: follows a zero point three percent rise for the first 583 00:28:02,760 --> 00:28:04,400 Speaker 2: half of the year, so we've only got a half 584 00:28:04,440 --> 00:28:08,000 Speaker 2: point increase for three quarters of the year. So we're 585 00:28:08,000 --> 00:28:11,360 Speaker 2: flat as a pancake. Considering between twenty and twenty four 586 00:28:12,040 --> 00:28:13,920 Speaker 2: the cost and build a home went up forty four percent. 587 00:28:13,960 --> 00:28:16,280 Speaker 2: We didn't like that. When it's something done about it 588 00:28:16,359 --> 00:28:19,680 Speaker 2: looks like we've done. Construction cost inflation this quarter is subdued, 589 00:28:19,800 --> 00:28:23,520 Speaker 2: that's their word, not mine. Subdued, with annual growth easing 590 00:28:23,640 --> 00:28:25,600 Speaker 2: down slightly to one point two percent, competed with one 591 00:28:25,600 --> 00:28:28,239 Speaker 2: point three last quarter. And all of those numbers are 592 00:28:28,280 --> 00:28:30,679 Speaker 2: before by the way, any of the governments announced overseas 593 00:28:30,720 --> 00:28:33,080 Speaker 2: product rules come to places, the old jib board debarkle. 594 00:28:33,160 --> 00:28:34,600 Speaker 2: Remember you can bring in a whole bunch of stuff 595 00:28:34,600 --> 00:28:36,399 Speaker 2: now that you never used to be able to, and 596 00:28:36,440 --> 00:28:38,560 Speaker 2: that allegedly is going to make the house building cheaper 597 00:28:38,600 --> 00:28:41,640 Speaker 2: and easier. They're not expected to affect the market for 598 00:28:41,600 --> 00:28:43,959 Speaker 2: a least six more months those new rules, So if 599 00:28:44,000 --> 00:28:47,120 Speaker 2: we're flat now, it might be entirely possible we start 600 00:28:47,120 --> 00:28:48,920 Speaker 2: going backwards in terms of cost now. The cost for 601 00:28:49,000 --> 00:28:52,120 Speaker 2: non residential builds also only went up to zero point 602 00:28:52,160 --> 00:28:54,640 Speaker 2: two percent with an annual cost increase of one percent, 603 00:28:54,720 --> 00:28:58,240 Speaker 2: so that's good. Problem is, of course, that it's elevated 604 00:28:58,680 --> 00:29:00,520 Speaker 2: and the cost per square meat there is still a 605 00:29:00,560 --> 00:29:02,000 Speaker 2: hell of a lot higher than it used to be, 606 00:29:02,080 --> 00:29:04,600 Speaker 2: and there is an element of resistance in the marketplace 607 00:29:05,040 --> 00:29:07,400 Speaker 2: as to whether if you're running in ten thousand dollars 608 00:29:07,400 --> 00:29:10,600 Speaker 2: a square meter building your an two hundred square meter house, 609 00:29:10,600 --> 00:29:12,440 Speaker 2: you've got two million dollars worth of house just there, 610 00:29:12,480 --> 00:29:15,160 Speaker 2: and that's before you buy the land. So it remains 611 00:29:15,160 --> 00:29:16,520 Speaker 2: a bit of an issue as far as new bills 612 00:29:16,560 --> 00:29:19,120 Speaker 2: are concerned. The Prime Minister, speaking of new bills, five 613 00:29:19,120 --> 00:29:21,560 Speaker 2: million dollars, thank you very much, five million dollars plus. 614 00:29:21,880 --> 00:29:25,880 Speaker 2: We moved at last on the foreign investors home buying business, 615 00:29:25,920 --> 00:29:28,280 Speaker 2: so crystal luxon in the next half hour and a 616 00:29:28,280 --> 00:29:31,400 Speaker 2: new idea to save even more money. Let's slash some 617 00:29:31,520 --> 00:29:34,440 Speaker 2: government ministries. New report on that to deal with, as. 618 00:29:34,320 --> 00:29:38,880 Speaker 3: Will news, opinion and everything in between. 619 00:29:39,240 --> 00:29:43,560 Speaker 1: The Mike Hosking breakfast with Rainthrover leading by example News 620 00:29:43,600 --> 00:29:44,160 Speaker 1: togsad B. 621 00:29:44,560 --> 00:29:46,280 Speaker 2: Seven past seven. So we got there at last. The 622 00:29:46,280 --> 00:29:48,040 Speaker 2: deal has been struck for the Golden v's a hold 623 00:29:48,040 --> 00:29:49,440 Speaker 2: as they can buy or build a house to the 624 00:29:49,480 --> 00:29:51,960 Speaker 2: value of five million dollars plus. The idea that we 625 00:29:52,000 --> 00:29:55,040 Speaker 2: wanted you to invest millions in the country but you 626 00:29:55,080 --> 00:29:57,720 Speaker 2: could go and rent a AIRBMB was of course absurd. 627 00:29:57,720 --> 00:30:00,800 Speaker 2: Crystal Reluction's back with us. Good morning, Good morning, Mike. 628 00:30:00,840 --> 00:30:03,280 Speaker 2: How I am very well? So you wouldn't confirm it yesterday? 629 00:30:03,400 --> 00:30:06,480 Speaker 2: Was this very last minute? Was there angst behind the scenes. 630 00:30:07,920 --> 00:30:10,720 Speaker 16: No, it's just that we it's been an ongoing series 631 00:30:10,760 --> 00:30:12,880 Speaker 16: of conversations about how you do it. But you just 632 00:30:12,880 --> 00:30:15,520 Speaker 16: summed it up in a nutshell, which is, if you're 633 00:30:15,520 --> 00:30:17,320 Speaker 16: going to come here and invest five to ten million 634 00:30:17,360 --> 00:30:19,600 Speaker 16: dollars of your own hard earned money, you don't want 635 00:30:19,600 --> 00:30:21,160 Speaker 16: to be renting a property. If you want to buy one, 636 00:30:21,200 --> 00:30:23,400 Speaker 16: we're going to let you do that. And Mike, it 637 00:30:23,440 --> 00:30:25,280 Speaker 16: was a fantastic day, you say, because I met this 638 00:30:25,320 --> 00:30:27,720 Speaker 16: company called Seaflux right now. They are a young guy 639 00:30:27,840 --> 00:30:30,719 Speaker 16: started the software company from New Zealand. He's basically got 640 00:30:30,720 --> 00:30:33,840 Speaker 16: a cloud based system where he integrates all the maintenance, 641 00:30:33,880 --> 00:30:37,360 Speaker 16: safety compliance stuff that you need for commercial marine vessels 642 00:30:37,360 --> 00:30:40,120 Speaker 16: ships out there in the ocean. Long story short, this 643 00:30:40,520 --> 00:30:42,120 Speaker 16: guy raised it with his own money. His mum and 644 00:30:42,200 --> 00:30:44,480 Speaker 16: dad put money into it, got it up and running. 645 00:30:45,000 --> 00:30:48,080 Speaker 16: Puna Kaiki Fund came in just invested three million dollars 646 00:30:48,160 --> 00:30:51,200 Speaker 16: with him. That three million dollars came from those active 647 00:30:51,240 --> 00:30:53,800 Speaker 16: investor visas. And now what's he going to go off 648 00:30:53,800 --> 00:30:55,880 Speaker 16: and do. He's going to go hire five new people 649 00:30:55,880 --> 00:30:57,600 Speaker 16: for new jobs in his business so he can grow 650 00:30:57,680 --> 00:31:01,160 Speaker 16: the company. Another company there cleanly. They do cleaning products 651 00:31:01,440 --> 00:31:04,200 Speaker 16: in a quite a cool way. They've actually taken they 652 00:31:04,200 --> 00:31:06,680 Speaker 16: ahead investment from the same people and they've ended up 653 00:31:06,720 --> 00:31:10,200 Speaker 16: going off and investing into opening up new selling the 654 00:31:10,200 --> 00:31:12,920 Speaker 16: product in North America and Kroger and Albertson. So this 655 00:31:13,040 --> 00:31:15,680 Speaker 16: is exactly what we're talking about, is not dumb speculative 656 00:31:15,720 --> 00:31:19,719 Speaker 16: property investment stuff, but actual productive investment in New Zealand 657 00:31:19,720 --> 00:31:22,160 Speaker 16: that gives capital to New Zealanders but also connections and 658 00:31:22,160 --> 00:31:24,560 Speaker 16: knowledge and know how that's helpful for them to export. 659 00:31:24,640 --> 00:31:26,719 Speaker 16: So it was really actually quite excited. I mean, as 660 00:31:26,720 --> 00:31:28,160 Speaker 16: you've been saying, you know for a long time, Look, 661 00:31:28,160 --> 00:31:31,560 Speaker 16: it's a no brainer. And I think yes, it took 662 00:31:31,600 --> 00:31:34,480 Speaker 16: some time with Winston and I you know, both getting 663 00:31:34,520 --> 00:31:36,360 Speaker 16: to the same place where we could say, yeah, we 664 00:31:36,400 --> 00:31:39,520 Speaker 16: want to we both want to accelerate productive investment. I 665 00:31:39,520 --> 00:31:40,719 Speaker 16: think this's just sensible stuff. 666 00:31:40,800 --> 00:31:43,800 Speaker 2: He seemed angsty yesterday and his reaction. He's with us shortly, 667 00:31:43,840 --> 00:31:46,760 Speaker 2: but he seemed angsty yesterday. Was he drave kicking and screening? 668 00:31:47,600 --> 00:31:50,400 Speaker 16: Not at all, honestly, not at all. He might have 669 00:31:50,520 --> 00:31:52,760 Speaker 16: just he has a peculiar way with the media, as 670 00:31:52,760 --> 00:31:56,520 Speaker 16: you well aware, so I wouldn't read too much into that. No, No, honestly, 671 00:31:56,560 --> 00:32:00,400 Speaker 16: it's been it's been very constructive, very productive conversation. He 672 00:32:00,480 --> 00:32:02,400 Speaker 16: genuinely came from a point of view if I just 673 00:32:02,440 --> 00:32:05,760 Speaker 16: don't want to see property speculation because none of that's 674 00:32:05,760 --> 00:32:08,280 Speaker 16: adding a lot of value. He's been very pro investment, 675 00:32:08,400 --> 00:32:10,480 Speaker 16: talking about Ireland and Singapore in the same way that 676 00:32:10,520 --> 00:32:12,920 Speaker 16: I have since. In fact, that was actually Winston and 677 00:32:12,960 --> 00:32:14,920 Speaker 16: I when we first met. I mean we spent and 678 00:32:14,960 --> 00:32:18,040 Speaker 16: didn't talk about coalition, we're agreement. We actually just talked 679 00:32:18,040 --> 00:32:21,080 Speaker 16: about Ireland and Singapore, the opportunity for New Zealand, all 680 00:32:21,080 --> 00:32:22,480 Speaker 16: of that kind of stuff, and that's how he sort 681 00:32:22,480 --> 00:32:26,720 Speaker 16: of connected. So he's been very much into pro productive investment, 682 00:32:26,840 --> 00:32:30,600 Speaker 16: as have I, and so yes, we up the threshold. 683 00:32:30,680 --> 00:32:32,400 Speaker 16: We got rid of the stamp duty component, which was 684 00:32:32,440 --> 00:32:35,040 Speaker 16: a complexity frankly we just didn't need but it is 685 00:32:35,080 --> 00:32:38,280 Speaker 16: to do exactly this to get capital into particularly our 686 00:32:38,280 --> 00:32:41,320 Speaker 16: small medium, startup exporting kind of companies that actually just 687 00:32:41,320 --> 00:32:43,960 Speaker 16: need that capital injection to grow. There was a guy 688 00:32:44,000 --> 00:32:46,280 Speaker 16: there yesterday I met who came in on this active 689 00:32:46,320 --> 00:32:49,720 Speaker 16: investor VISA plus program. Right. He's done four investments, He's 690 00:32:49,720 --> 00:32:51,600 Speaker 16: spent a hell of a lot more than than ten 691 00:32:51,600 --> 00:32:54,640 Speaker 16: million dollars investing in these companies, loves it and is 692 00:32:54,680 --> 00:32:56,520 Speaker 16: now living more of his time here in New Zealand 693 00:32:56,520 --> 00:32:58,120 Speaker 16: than he is in New York and California, where his 694 00:32:58,160 --> 00:33:01,520 Speaker 16: base is in America. So that's exactly what you want. 695 00:33:01,560 --> 00:33:03,440 Speaker 16: Because once you get here, and as you've been saying, 696 00:33:03,680 --> 00:33:05,680 Speaker 16: once you can buy a house, well actually that means 697 00:33:05,720 --> 00:33:07,959 Speaker 16: you get into the ecosystem. You sort of understand how 698 00:33:07,960 --> 00:33:10,360 Speaker 16: it all works down here. You see other investment opportunities, 699 00:33:10,680 --> 00:33:12,960 Speaker 16: and it's not just that first five to ten million 700 00:33:13,000 --> 00:33:15,360 Speaker 16: dollars at you're spending. It's actually what comes after all 701 00:33:15,400 --> 00:33:18,239 Speaker 16: of that. Once you're a you're wired that way as 702 00:33:18,240 --> 00:33:20,360 Speaker 16: an investor to look for more opportunities, and you understand it, 703 00:33:20,360 --> 00:33:21,960 Speaker 16: and you got a comfort level with the place, which 704 00:33:22,040 --> 00:33:22,280 Speaker 16: is good. 705 00:33:22,400 --> 00:33:24,720 Speaker 2: Couldn't agree more, just explain to me, give us the 706 00:33:25,080 --> 00:33:28,880 Speaker 2: background inside scoop. Why then, did such a simple decision 707 00:33:29,080 --> 00:33:29,920 Speaker 2: take so long? 708 00:33:31,000 --> 00:33:33,200 Speaker 16: Oh well, I guess we had a lot of things 709 00:33:33,240 --> 00:33:34,760 Speaker 16: to sort of work through. I mean, we first we 710 00:33:34,800 --> 00:33:37,280 Speaker 16: had to retool the Active Investor program. We've had to 711 00:33:38,520 --> 00:33:40,920 Speaker 16: do a bunch of other things around RMA reform fast tracks, 712 00:33:40,920 --> 00:33:43,000 Speaker 16: which took a lot of our energy initially as we 713 00:33:43,040 --> 00:33:45,520 Speaker 16: worked our way through all of that, it just took time, 714 00:33:45,640 --> 00:33:47,680 Speaker 16: you know, And you know, in hindsight, yep, you look 715 00:33:47,680 --> 00:33:49,480 Speaker 16: and it could have been done much quicker and much faster, 716 00:33:49,560 --> 00:33:51,960 Speaker 16: fully agree. But at the end of the day, when 717 00:33:51,960 --> 00:33:54,840 Speaker 16: you had quite different positions, you know, as you know, 718 00:33:54,920 --> 00:33:58,520 Speaker 16: pre election, and we just needed to get ourselves fully comfortable. 719 00:33:58,520 --> 00:34:01,040 Speaker 16: Were both of us could stand up and say we're 720 00:34:01,080 --> 00:34:01,760 Speaker 16: up for this, okay? 721 00:34:01,840 --> 00:34:04,560 Speaker 2: Were you ever looking to split the cost in other words, 722 00:34:04,600 --> 00:34:07,440 Speaker 2: five million Auckland, Queenstown, three million, two million, four million 723 00:34:07,440 --> 00:34:08,920 Speaker 2: whatever elsewhere or not? 724 00:34:09,680 --> 00:34:09,919 Speaker 17: Yeah? 725 00:34:09,960 --> 00:34:12,080 Speaker 16: We were, I mean I was. I was interested in saying, 726 00:34:12,120 --> 00:34:14,520 Speaker 16: could you do five million in Auckland and Queenstown and say, 727 00:34:14,600 --> 00:34:16,800 Speaker 16: you know, three and a half everywhere else around the country. 728 00:34:17,880 --> 00:34:20,080 Speaker 16: We couldn't get agreement to do that. But at the 729 00:34:20,160 --> 00:34:23,480 Speaker 16: end of the day, I think this is fine. I mean, 730 00:34:24,000 --> 00:34:26,439 Speaker 16: if you think about it, Mike, there's probably only there's 731 00:34:26,440 --> 00:34:28,680 Speaker 16: only ten thousand houses itself a five million or more 732 00:34:28,680 --> 00:34:30,840 Speaker 16: in New Zealands, so it's about less than half a percent. 733 00:34:31,880 --> 00:34:33,920 Speaker 16: There's about almost eighty percent of them here in Auckland. 734 00:34:33,920 --> 00:34:36,480 Speaker 16: There's another ten percent city in Queenstown. So basically you've 735 00:34:36,480 --> 00:34:39,440 Speaker 16: got ninety percent of the houses above five million in 736 00:34:39,440 --> 00:34:42,800 Speaker 16: those two places. The people that end up buying those houses. 737 00:34:43,040 --> 00:34:45,279 Speaker 16: And I was telling saying yesterday, and you're talking to 738 00:34:45,280 --> 00:34:48,320 Speaker 16: the different meres of Queenstown over the years, the people 739 00:34:48,320 --> 00:34:50,360 Speaker 16: that are actually doing all the philanthropy and backing the 740 00:34:50,440 --> 00:34:53,320 Speaker 16: charities down there are actually these wealthy from overseas folks 741 00:34:53,320 --> 00:34:56,359 Speaker 16: who are doing exactly that. So yeah, so look it's 742 00:34:56,440 --> 00:34:58,879 Speaker 16: it's and you know we've had I mean the cool 743 00:34:58,880 --> 00:35:01,160 Speaker 16: thing is we've had three hundred applicants. She had three 744 00:35:01,200 --> 00:35:03,879 Speaker 16: hundred and eight. We got another seven over the weekend 745 00:35:04,400 --> 00:35:07,200 Speaker 16: applying for this Act of for vesta visas. That's almost 746 00:35:07,200 --> 00:35:09,440 Speaker 16: two billion dollars we didn't have in the economy on 747 00:35:09,480 --> 00:35:12,200 Speaker 16: April one. That's now here. It's doing the things like 748 00:35:12,239 --> 00:35:14,600 Speaker 16: I talked about with these companies ce Flux and Cleanalley 749 00:35:14,680 --> 00:35:19,000 Speaker 16: and others, and you know, it's pretty cool. And probably 750 00:35:19,040 --> 00:35:20,680 Speaker 16: almost half of them are coming out of the US. 751 00:35:21,239 --> 00:35:24,320 Speaker 16: Obviously a number out of China Hong Kong, but Germany's 752 00:35:24,320 --> 00:35:26,520 Speaker 16: another big place as well. So they're coming from all 753 00:35:26,560 --> 00:35:28,120 Speaker 16: over the world, which is exactly what we need. 754 00:35:28,200 --> 00:35:31,440 Speaker 2: Yes we do. You're off to Amazon as a headline 755 00:35:31,440 --> 00:35:32,160 Speaker 2: out of that today. 756 00:35:33,360 --> 00:35:35,920 Speaker 16: This is an incredible story, right, Amazon, one of the 757 00:35:35,920 --> 00:35:38,280 Speaker 16: biggest companies in the world, probably with over a trillion dollars, 758 00:35:38,320 --> 00:35:40,040 Speaker 16: which is you know, three and a half times size 759 00:35:40,040 --> 00:35:43,800 Speaker 16: of New Zealand. Yeah, that AAWS, which is their web services. 760 00:35:43,800 --> 00:35:46,200 Speaker 16: They do all the cloud storages, data centers and all that stuff. 761 00:35:46,320 --> 00:35:49,680 Speaker 16: They're investing seven and a half billion dollars in New Zealand. 762 00:35:50,280 --> 00:35:52,840 Speaker 16: That will have an impact on our GDP for sure. 763 00:35:53,239 --> 00:35:55,600 Speaker 16: Crewed up to about one thousand jobs and it's about 764 00:35:55,600 --> 00:35:58,480 Speaker 16: about an almost an eleven billion dollar boost to our GDP. 765 00:35:59,120 --> 00:36:01,799 Speaker 16: And what it is, it's just us to us to 766 00:36:01,800 --> 00:36:04,600 Speaker 16: be able to have a good, big global company like 767 00:36:04,600 --> 00:36:07,600 Speaker 16: AWS put a vote of confidence into New Zealand in 768 00:36:07,640 --> 00:36:11,600 Speaker 16: that way. That's probably the largest ever certainly publicly announced 769 00:36:11,600 --> 00:36:13,920 Speaker 16: technology investment I would have mentioned in New Zealand by 770 00:36:13,920 --> 00:36:14,839 Speaker 16: an the national tech firm. 771 00:36:14,920 --> 00:36:16,680 Speaker 2: So have you told them we haven't got the power 772 00:36:16,680 --> 00:36:17,080 Speaker 2: to run it? 773 00:36:19,560 --> 00:36:20,120 Speaker 5: Don't you worry? 774 00:36:20,120 --> 00:36:22,640 Speaker 16: That's the next problem, Mike. You give me a problem 775 00:36:22,640 --> 00:36:23,399 Speaker 16: every time we meet. 776 00:36:23,400 --> 00:36:25,680 Speaker 2: It just trying to salt the country one day. 777 00:36:25,560 --> 00:36:27,600 Speaker 16: To help, he says, just well that's what I'm trying 778 00:36:27,600 --> 00:36:27,759 Speaker 16: to do. 779 00:36:27,880 --> 00:36:28,359 Speaker 5: So good. 780 00:36:29,040 --> 00:36:30,759 Speaker 2: Seven and a half billion on a thousand jobs. You 781 00:36:30,760 --> 00:36:32,160 Speaker 2: can't argue with that. 782 00:36:32,160 --> 00:36:32,560 Speaker 18: That's great? 783 00:36:32,600 --> 00:36:34,160 Speaker 2: Is it just a good sign though that you know? 784 00:36:34,640 --> 00:36:36,480 Speaker 16: You know the other day I was telling you, like 785 00:36:36,680 --> 00:36:38,600 Speaker 16: this company, Halter, you one of our great tech companies 786 00:36:38,640 --> 00:36:41,839 Speaker 16: actually used as Amazon Web Services for all the clouds solutions. 787 00:36:42,480 --> 00:36:44,959 Speaker 16: You know. They raised one hundred and sixty five million dollars, 788 00:36:44,960 --> 00:36:46,920 Speaker 16: have one hundred and seven vacant jobs right there today 789 00:36:47,160 --> 00:36:50,240 Speaker 16: here in Auckland. So yeah, it's coming, rights, it's moving. 790 00:36:50,280 --> 00:36:52,439 Speaker 16: So we just got to follow it through and stick 791 00:36:52,480 --> 00:36:53,000 Speaker 16: with a clean. 792 00:36:52,960 --> 00:36:55,000 Speaker 2: Appreciate your time as always, Christopher Lux and Prime Minister 793 00:36:55,040 --> 00:36:58,000 Speaker 2: Winston Peter's back on the Housing After seven thirty fourteen past. 794 00:37:00,120 --> 00:37:04,400 Speaker 1: Breakfast Full Show podcast on iHeartRadio powered by News Talks 795 00:37:04,400 --> 00:37:04,640 Speaker 1: at Be. 796 00:37:05,400 --> 00:37:07,279 Speaker 2: Come back to your feedback in a moment seventeen past 797 00:37:07,280 --> 00:37:09,840 Speaker 2: seven other crack at the size of government New Zealand 798 00:37:09,920 --> 00:37:12,319 Speaker 2: initiative calling for an overhaul of our systems. We've got 799 00:37:12,360 --> 00:37:14,320 Speaker 2: They argue one of the most complex cabinets in the 800 00:37:14,320 --> 00:37:17,280 Speaker 2: developed world, three times as many portfolios as similar countries. 801 00:37:17,560 --> 00:37:19,720 Speaker 2: We need a cabinet with about fifteen to twenty policy 802 00:37:19,719 --> 00:37:22,160 Speaker 2: areas and departments being cut from forty three to twenty. 803 00:37:22,239 --> 00:37:24,799 Speaker 2: Roger Partridge is the co author of the Reporters Back 804 00:37:24,840 --> 00:37:28,200 Speaker 2: with It's Roger Morning, Good morning, Mike. We've been here before, 805 00:37:28,239 --> 00:37:30,040 Speaker 2: haven't we. I mean, there's too much self interest in 806 00:37:30,040 --> 00:37:32,279 Speaker 2: New Zealand politics to whoever make this happen or us. 807 00:37:33,400 --> 00:37:35,440 Speaker 12: I don't think it's so much. I didn't think it's 808 00:37:35,480 --> 00:37:39,200 Speaker 12: so much self interest. It's it's just a developed in 809 00:37:39,239 --> 00:37:42,160 Speaker 12: a haphazard way and it's time to step back and 810 00:37:42,160 --> 00:37:46,319 Speaker 12: have a look at it. We've got eighty one ministerial 811 00:37:46,440 --> 00:37:51,200 Speaker 12: portfolios split across twenty eight ministers and forty three government departments. 812 00:37:51,640 --> 00:37:54,960 Speaker 12: Other countries have about twenty of each, and so when 813 00:37:55,000 --> 00:37:58,719 Speaker 12: you look at the organizational structure of executive government, that 814 00:37:58,800 --> 00:38:01,640 Speaker 12: looks more like a maze than an org chart or 815 00:38:01,640 --> 00:38:02,759 Speaker 12: as we call it spaghetti. 816 00:38:03,120 --> 00:38:05,400 Speaker 2: Yes, it does. Brian Roche is sort of doing some 817 00:38:05,480 --> 00:38:06,719 Speaker 2: of the working. You're hopeful in that. 818 00:38:07,760 --> 00:38:10,720 Speaker 12: I am hopeful and it's good as we've been working 819 00:38:10,719 --> 00:38:12,840 Speaker 12: on this over the last two years. We produced a 820 00:38:12,880 --> 00:38:16,080 Speaker 12: report in twenty twenty four Cabinet Congestion the Growth of 821 00:38:16,080 --> 00:38:19,440 Speaker 12: a Ministerial Maze, and then we started consulting on this 822 00:38:19,520 --> 00:38:22,040 Speaker 12: report earlier in the year, and hand in hand with that, 823 00:38:22,400 --> 00:38:27,080 Speaker 12: Brian and Minister of Public Services Judith Collins have been 824 00:38:27,080 --> 00:38:29,840 Speaker 12: looking at how they could consolidate some of our fragmented 825 00:38:29,880 --> 00:38:33,759 Speaker 12: government departments. But it's more than that, it's ministerial positions. 826 00:38:33,840 --> 00:38:38,040 Speaker 12: What we've done is we've just kept slicing pieces off 827 00:38:38,160 --> 00:38:43,959 Speaker 12: portfolios and then giving them a new name. As a resultant, 828 00:38:44,400 --> 00:38:50,160 Speaker 12: important policy areas like housing split across multiple ministers. Housing 829 00:38:50,320 --> 00:38:54,879 Speaker 12: reports to up to twelve ministers. If you think about 830 00:38:54,880 --> 00:38:57,320 Speaker 12: the most important ones, the Minister for Housing, the Minister 831 00:38:57,360 --> 00:39:02,320 Speaker 12: for Building and Construction, the Minister for Local Government, Infrastructure, Transport, Environment, 832 00:39:03,080 --> 00:39:08,640 Speaker 12: and when you slice key portfolio areas and splinter them 833 00:39:08,640 --> 00:39:12,520 Speaker 12: across multiple ministers, you then get fragmented decision making, a 834 00:39:12,640 --> 00:39:16,360 Speaker 12: lack of accountability and higher costs. One of the former 835 00:39:16,440 --> 00:39:20,319 Speaker 12: prime ministers we consulted with said if a proposal needs 836 00:39:20,360 --> 00:39:24,359 Speaker 12: a sign off from six different ministers, that's six opportunities 837 00:39:24,400 --> 00:39:27,120 Speaker 12: for other ministers or their officials to kill it. And 838 00:39:27,160 --> 00:39:28,480 Speaker 12: we've got to do something about that. 839 00:39:28,600 --> 00:39:30,640 Speaker 2: Well, let's hope we do. Roger, appreciate your work. Roger 840 00:39:30,680 --> 00:39:33,600 Speaker 2: Partridge are with the New Zealand initiative. Of course, Mike, 841 00:39:33,640 --> 00:39:35,319 Speaker 2: I've got a family member a lot of this this morning. 842 00:39:35,320 --> 00:39:37,319 Speaker 2: I've rightd yup. I've got a family member who's a nurse. 843 00:39:37,320 --> 00:39:39,120 Speaker 2: Can I ask you to check why they're striking? I 844 00:39:39,120 --> 00:39:41,880 Speaker 2: don't think it's salary related. In part it is, but 845 00:39:42,000 --> 00:39:44,160 Speaker 2: in part, as always, it's stuff. But I will come 846 00:39:44,200 --> 00:39:45,799 Speaker 2: back to that and crunch some more numbers for you. 847 00:39:45,840 --> 00:39:51,440 Speaker 1: Seven twenty The Mike Asking Breakfast Full Show podcast on 848 00:39:51,680 --> 00:39:54,200 Speaker 1: iHeartRadio powered by News Talks EV. 849 00:39:56,960 --> 00:39:59,600 Speaker 2: If you're a sales leader, you'll know how important it 850 00:39:59,640 --> 00:40:03,120 Speaker 2: is to respond to those requests for proposal from potential customer. 851 00:40:03,200 --> 00:40:05,280 Speaker 2: You've got to do it quickly, got to do it effectively, speed, 852 00:40:05,280 --> 00:40:08,600 Speaker 2: precision and stand out messaging in the old RFP that 853 00:40:08,640 --> 00:40:10,600 Speaker 2: can make all the difference in winning your business. Of course, 854 00:40:10,640 --> 00:40:13,520 Speaker 2: but you know that what if AI could help you 855 00:40:13,560 --> 00:40:17,120 Speaker 2: respond better, automating the production of those proposals while keeping 856 00:40:17,160 --> 00:40:19,759 Speaker 2: your own unique company style and brand tone. So one 857 00:40:19,760 --> 00:40:22,840 Speaker 2: net syster company the fabulous Grizzly AI. They've built the 858 00:40:22,920 --> 00:40:25,800 Speaker 2: safe and secure path for risk averse businesses to access 859 00:40:26,200 --> 00:40:29,240 Speaker 2: generative AI. So Grizzly software means that you can produce 860 00:40:29,239 --> 00:40:32,719 Speaker 2: the winning RFP responses far more efficiently than any AI 861 00:40:32,800 --> 00:40:35,239 Speaker 2: you've used before. So if you need to close more 862 00:40:35,280 --> 00:40:37,239 Speaker 2: deals and boost that profit, one net dot co dot 863 00:40:37,280 --> 00:40:39,319 Speaker 2: inzt is where you go, write it down. One net 864 00:40:39,360 --> 00:40:43,240 Speaker 2: dot co dot inzet request to complementary consultation. They'll assess 865 00:40:43,280 --> 00:40:46,080 Speaker 2: how your business can generate winning proposals with AI. So 866 00:40:46,120 --> 00:40:48,960 Speaker 2: you got the one to punch one net plus Grizzly 867 00:40:49,000 --> 00:40:54,520 Speaker 2: AI your partners in productivity Rhodo seven twenty four. We've 868 00:40:54,520 --> 00:40:56,000 Speaker 2: all seen it. I mean I've seen it a good 869 00:40:56,080 --> 00:40:58,160 Speaker 2: number of times myself personally. The cafe. We all know 870 00:40:58,239 --> 00:41:01,160 Speaker 2: the story of the cafe that was exemplary right. Sold, 871 00:41:01,719 --> 00:41:04,160 Speaker 2: new owner changes the menu, brings in a few kids 872 00:41:04,200 --> 00:41:06,200 Speaker 2: to serve, and wonders why six months later they're out 873 00:41:06,200 --> 00:41:10,319 Speaker 2: of business. As the HOSPO people yet again told their 874 00:41:10,360 --> 00:41:12,600 Speaker 2: tale of woe. Do not get me wrong. I mean 875 00:41:12,640 --> 00:41:14,960 Speaker 2: times have been tight, yes, and many an outlet has struggled. 876 00:41:15,040 --> 00:41:17,080 Speaker 2: We know that. But as the new numbers got rolled 877 00:41:17,120 --> 00:41:19,959 Speaker 2: out for the obligatory headline that you might have seen, 878 00:41:20,000 --> 00:41:22,200 Speaker 2: it's probably time, I think, to get a little bit 879 00:41:22,200 --> 00:41:25,280 Speaker 2: honest about a sector that at times is its own 880 00:41:25,560 --> 00:41:28,719 Speaker 2: worst enemy. So the numbers. In the past twelve months, 881 00:41:28,760 --> 00:41:32,120 Speaker 2: two thy five hundred and sixty four HOSPO outlets have closed. 882 00:41:32,160 --> 00:41:36,520 Speaker 2: That's an increase of nineteen percent as a stat looks miserable, 883 00:41:36,719 --> 00:41:39,719 Speaker 2: but ask yourself this, are all the cafes gone? No, 884 00:41:40,280 --> 00:41:43,399 Speaker 2: so as it possible, we were over cafd as part 885 00:41:43,400 --> 00:41:46,040 Speaker 2: of the problem with HOSPO the fact anyone can join. 886 00:41:46,080 --> 00:41:48,120 Speaker 2: You simply write a check, put on an apron, and 887 00:41:48,160 --> 00:41:50,799 Speaker 2: you're in the hospow game. Do you know what you're doing? 888 00:41:50,840 --> 00:41:52,879 Speaker 2: Does anyone ask these questions? Do you know what you're doing? 889 00:41:53,200 --> 00:41:56,000 Speaker 2: Are you interested in excelling or are you looking for 890 00:41:56,040 --> 00:41:57,880 Speaker 2: an easy job and an easy job for your family? 891 00:41:58,120 --> 00:42:01,200 Speaker 2: Are you providing something new or better or different? Or 892 00:42:01,239 --> 00:42:03,440 Speaker 2: just adding to the collection of people who peddle paninis 893 00:42:03,440 --> 00:42:05,960 Speaker 2: and bowls of cappuccino. We talk a lot about the 894 00:42:06,000 --> 00:42:09,759 Speaker 2: two step or two stage economy. Normally it's rural versus urban, 895 00:42:09,800 --> 00:42:13,040 Speaker 2: Auckland versus queenstowne. But there's another two step economy, the 896 00:42:13,040 --> 00:42:15,919 Speaker 2: people who are good and the people who aren't. Now 897 00:42:15,920 --> 00:42:18,040 Speaker 2: this doesn't just apply to HOSPO, of course, but HOSPO 898 00:42:18,200 --> 00:42:20,600 Speaker 2: is the standout example because it's one of those sectors 899 00:42:20,840 --> 00:42:23,680 Speaker 2: where one anyone can join, and two you can be 900 00:42:23,800 --> 00:42:27,120 Speaker 2: anything from exceptional too useless, and a lot of things 901 00:42:27,120 --> 00:42:29,440 Speaker 2: in between. See in nineteen ninety is think about this 902 00:42:29,440 --> 00:42:32,000 Speaker 2: the other day. In nineteen ninety Poul Keating, then Australian Treasurer, 903 00:42:32,320 --> 00:42:35,120 Speaker 2: famously said, this is the recession we had to have. 904 00:42:35,280 --> 00:42:37,920 Speaker 2: So Australia had not known a recession. That always been 905 00:42:37,920 --> 00:42:40,360 Speaker 2: the so called lucky country. But part of the argument 906 00:42:40,480 --> 00:42:43,400 Speaker 2: was a recession cleans out the hopeless. It tidy is 907 00:42:43,440 --> 00:42:46,359 Speaker 2: an economy up. The strong survive because they hustle, they 908 00:42:46,360 --> 00:42:48,719 Speaker 2: adjust the week whither and they die and out of 909 00:42:48,760 --> 00:42:52,759 Speaker 2: that renewal starts something afresh. A lot of people liquidating 910 00:42:52,960 --> 00:42:54,680 Speaker 2: only tells you a fraction of the story, and the 911 00:42:54,680 --> 00:42:56,520 Speaker 2: story is supposed to make you feel bad. Of course 912 00:42:56,600 --> 00:43:00,400 Speaker 2: it shouldn't, because it's life. If you are good and 913 00:43:00,480 --> 00:43:03,960 Speaker 2: determined and work hard in hospo or anywhere else, you'll 914 00:43:03,960 --> 00:43:08,200 Speaker 2: be fine. If you're really determined, you'll be more than fine. 915 00:43:08,560 --> 00:43:09,480 Speaker 3: Pasking, Mike. 916 00:43:09,520 --> 00:43:11,480 Speaker 2: Word on the ground as the building data centers near 917 00:43:11,520 --> 00:43:14,080 Speaker 2: the power stations. Power stations will get an upgrade as well, well, 918 00:43:14,080 --> 00:43:16,400 Speaker 2: they'll need to. I mean, that's an announcement. If you 919 00:43:16,440 --> 00:43:18,560 Speaker 2: ever missed that, seven and a half billion dollars to 920 00:43:18,600 --> 00:43:21,920 Speaker 2: day coming from Amazon, one thousand jobs. That's a good 921 00:43:21,960 --> 00:43:23,640 Speaker 2: news day all around. Why don't we hear good news 922 00:43:23,680 --> 00:43:25,719 Speaker 2: investment stories like that in our mainstream media. Well, I'll 923 00:43:25,760 --> 00:43:26,839 Speaker 2: get around to it. That was a bit of an 924 00:43:26,880 --> 00:43:28,480 Speaker 2: exclusive as far as I can work out, Mike, it 925 00:43:28,480 --> 00:43:30,520 Speaker 2: didn't happen overnight, but it did happen. Feeling very good 926 00:43:30,560 --> 00:43:32,319 Speaker 2: about what's happening in New Zealand, so you should be 927 00:43:32,520 --> 00:43:34,959 Speaker 2: about time this visa investment might look at Rick Cane 928 00:43:34,960 --> 00:43:37,319 Speaker 2: north of Auckland invested over one hundred million employees, over 929 00:43:37,360 --> 00:43:40,799 Speaker 2: three hundred people, plus another five hundred indirectly due to 930 00:43:40,920 --> 00:43:44,279 Speaker 2: the development. It's amazing. Then we come back to the nurses. Mike, 931 00:43:44,320 --> 00:43:46,960 Speaker 2: please get your fact straight when talking about nurses. Nurses 932 00:43:46,960 --> 00:43:48,680 Speaker 2: do not earn one hundred and twenty five thousand dollars. 933 00:43:48,719 --> 00:43:51,480 Speaker 2: I didn't say they did. I said some do, Mike. 934 00:43:51,480 --> 00:43:53,640 Speaker 2: The nurses wages you quoted not correct for the average 935 00:43:53,719 --> 00:43:56,120 Speaker 2: nurse on the floor. A nurse doing all the horrible chefts, 936 00:43:56,160 --> 00:43:58,640 Speaker 2: light nights and weekends and afternoons. Well horrible are they? 937 00:43:59,239 --> 00:44:01,040 Speaker 2: I don't know. The last you look to health, it's 938 00:44:01,080 --> 00:44:02,799 Speaker 2: a twenty four to seven game, the same way that 939 00:44:02,840 --> 00:44:04,760 Speaker 2: getting up at two thirty in the morning in radios 940 00:44:04,840 --> 00:44:07,000 Speaker 2: a twenty four to seven game. Some of us do 941 00:44:07,120 --> 00:44:09,279 Speaker 2: old hours, some of us don't. If you don't want 942 00:44:09,280 --> 00:44:11,000 Speaker 2: to do the odd hours, you don't get the money. Mike, 943 00:44:11,040 --> 00:44:13,440 Speaker 2: who's supplying the figures for the nurse's income? Is that 944 00:44:13,520 --> 00:44:16,279 Speaker 2: a sixty hour week? No, it isn't. But I will 945 00:44:16,360 --> 00:44:19,560 Speaker 2: run you through the numbers I have after seven thirty. 946 00:44:19,560 --> 00:44:21,360 Speaker 2: But we do need to deal with Winston Peters. I 947 00:44:21,360 --> 00:44:23,759 Speaker 2: thought that was interesting from Luxon that they wanted to 948 00:44:23,800 --> 00:44:27,319 Speaker 2: split the numbers nationally around the country. Peters wasn't having it. 949 00:44:27,400 --> 00:44:29,440 Speaker 2: So what was his problem with that and how did 950 00:44:29,480 --> 00:44:30,879 Speaker 2: he get there? In the end, we'll talk with him, 951 00:44:30,880 --> 00:44:34,040 Speaker 2: and then Ben Bailey Food Hero back with us after 952 00:44:34,280 --> 00:44:35,359 Speaker 2: eight in the studio. 953 00:44:35,640 --> 00:44:40,120 Speaker 1: Zarnie's in New Zealand's home for trusted news and views. 954 00:44:40,239 --> 00:44:41,440 Speaker 3: The mic asking. 955 00:44:41,200 --> 00:44:45,000 Speaker 1: Breakfast with Bailey's Real Estate covering all your real estate 956 00:44:45,080 --> 00:44:46,479 Speaker 1: needs news togs had been. 957 00:44:46,480 --> 00:44:49,319 Speaker 2: Ben Bailey back with us after ah beens to half 958 00:44:49,320 --> 00:44:51,719 Speaker 2: a dozen restaurants these days, the new zum And food story. 959 00:44:51,760 --> 00:44:53,839 Speaker 2: If you've watched that on television anyway, He's got news 960 00:44:53,840 --> 00:44:55,560 Speaker 2: for us this morning. So been Baby back with us 961 00:44:55,560 --> 00:44:57,480 Speaker 2: after right back can Now it's twenty three to eight. 962 00:44:57,560 --> 00:45:00,040 Speaker 2: The business of Foreign buyers. Government finally got across the 963 00:45:00,040 --> 00:45:02,160 Speaker 2: line on the deal. Of course you Golden Visa brigade 964 00:45:02,760 --> 00:45:04,680 Speaker 2: get to buy or build something worth more than five 965 00:45:04,719 --> 00:45:07,120 Speaker 2: million dollars. Winston Peter's New Zealand first lead that is 966 00:45:07,160 --> 00:45:11,000 Speaker 2: with us, good morning, good morning. Does it feel good 967 00:45:11,040 --> 00:45:11,759 Speaker 2: now you've done it? 968 00:45:13,320 --> 00:45:18,239 Speaker 19: Well? Look you recall twenty eighteen, we were reacting to 969 00:45:18,080 --> 00:45:21,880 Speaker 19: a total shambles in the Zeeland housing market. Also learning 970 00:45:21,880 --> 00:45:24,759 Speaker 19: from the Canadian experience where on the West Coast and 971 00:45:24,840 --> 00:45:28,240 Speaker 19: Vancouver in particular, there was a massive escalation and prices 972 00:45:28,239 --> 00:45:31,920 Speaker 19: because of allowing foreign buying and absentee buying at that 973 00:45:32,000 --> 00:45:35,160 Speaker 19: absenty ownership at that and we decided to put a 974 00:45:35,160 --> 00:45:38,719 Speaker 19: bracket ban on things. But the reality is they were 975 00:45:38,920 --> 00:45:41,279 Speaker 19: investors who were saying, look, we've put money in the 976 00:45:41,280 --> 00:45:43,920 Speaker 19: country as we could also come and live here when 977 00:45:43,920 --> 00:45:47,200 Speaker 19: we feel like it down again. And so we had 978 00:45:47,200 --> 00:45:49,359 Speaker 19: a good hard look and said, well, it was going 979 00:45:49,440 --> 00:45:52,239 Speaker 19: to be not national parties two million, because that'll been 980 00:45:52,560 --> 00:45:56,239 Speaker 19: interfering with the market where qwis are seriously involved. But 981 00:45:56,280 --> 00:45:57,800 Speaker 19: it was the very top end of the market, and 982 00:45:57,840 --> 00:46:01,480 Speaker 19: you've got five million invested. Then if you were buying 983 00:46:01,520 --> 00:46:04,879 Speaker 19: a new house or an existing house, then we'd made 984 00:46:04,880 --> 00:46:07,040 Speaker 19: that an exception. So ninety nine percent of the market 985 00:46:07,040 --> 00:46:09,520 Speaker 19: would be denied to them. They'll be accessing less than 986 00:46:09,520 --> 00:46:10,120 Speaker 19: one percent of. 987 00:46:10,080 --> 00:46:14,120 Speaker 2: It, exactly. It seemed to me observation, Correct me if 988 00:46:14,120 --> 00:46:16,560 Speaker 2: I'm wrong that yesterday you were a bit angsty about it, 989 00:46:16,640 --> 00:46:19,200 Speaker 2: angry about it, upset about it, whatever the case may be. 990 00:46:19,320 --> 00:46:21,759 Speaker 2: Did you have to get dragged kicking and screaming to 991 00:46:21,800 --> 00:46:23,040 Speaker 2: this particular conclusion. 992 00:46:24,400 --> 00:46:28,799 Speaker 19: Now, what my answer was about those who so sat 993 00:46:28,880 --> 00:46:31,680 Speaker 19: in the mainstream media they can't get their head around 994 00:46:31,719 --> 00:46:34,920 Speaker 19: it that this is not a change to the foreign 995 00:46:35,000 --> 00:46:38,440 Speaker 19: buyers man, It's a change through the investment rules to 996 00:46:38,520 --> 00:46:41,279 Speaker 19: attract people to come to this country for money that 997 00:46:41,320 --> 00:46:45,200 Speaker 19: we desperately need. And it's the different emphasis if you 998 00:46:45,680 --> 00:46:48,240 Speaker 19: had listened to seven point thirty who want to report. 999 00:46:48,400 --> 00:46:50,120 Speaker 19: The first thing they set out in my interview was 1000 00:46:50,640 --> 00:46:53,399 Speaker 19: that it was about living the foreign buyers ban. Now 1001 00:46:53,400 --> 00:46:55,760 Speaker 19: this is the breathtaking stuff. I just finished the interview, 1002 00:46:56,000 --> 00:46:58,040 Speaker 19: pointed out that they were accessing lesson one percent of 1003 00:46:58,080 --> 00:47:00,960 Speaker 19: the market and nine percent of the market was available 1004 00:47:00,960 --> 00:47:03,560 Speaker 19: to his illness, and they still said that, So Hi 1005 00:47:03,719 --> 00:47:05,760 Speaker 19: anxiety was around misrepresentation. 1006 00:47:06,000 --> 00:47:09,280 Speaker 2: Well that's what you get for dealing with lowreentis Winston. 1007 00:47:09,320 --> 00:47:11,160 Speaker 2: I mean, what can I say? 1008 00:47:13,680 --> 00:47:15,480 Speaker 19: Oh, well, that's the thing. I was in part of 1009 00:47:15,520 --> 00:47:16,800 Speaker 19: the mainstream media, and you were. 1010 00:47:17,280 --> 00:47:20,200 Speaker 2: Well, as far as the split, we had luxon on 1011 00:47:20,239 --> 00:47:22,640 Speaker 2: before he was keen to split. So in other words, 1012 00:47:22,640 --> 00:47:25,600 Speaker 2: five million four Queenstown and Auckland, something else around the 1013 00:47:25,600 --> 00:47:27,200 Speaker 2: rest of the country. You didn't seem to like that. 1014 00:47:27,280 --> 00:47:28,279 Speaker 2: What was your issue with that? 1015 00:47:30,040 --> 00:47:33,880 Speaker 19: Because when you did the calculations, it was so marginal. 1016 00:47:34,360 --> 00:47:36,600 Speaker 19: We did those calculations around the rest of the country, 1017 00:47:36,719 --> 00:47:40,560 Speaker 19: say adjusted pro rata on values across the rest of 1018 00:47:40,560 --> 00:47:43,120 Speaker 19: the country, there wasn't a great deal of difference. There 1019 00:47:43,120 --> 00:47:44,719 Speaker 19: are a lot of places up north of are worth 1020 00:47:45,120 --> 00:47:47,640 Speaker 19: more than five million. There are a lot of places 1021 00:47:47,680 --> 00:47:50,719 Speaker 19: even in a town, are worth more than five million. 1022 00:47:51,280 --> 00:47:53,719 Speaker 19: And so it didn't work, and we said, no, stick 1023 00:47:53,760 --> 00:47:57,600 Speaker 19: to the blanket five million. If they're investing and they 1024 00:47:57,640 --> 00:48:00,399 Speaker 19: want to buy a five million dollar house, this will 1025 00:48:00,400 --> 00:48:03,560 Speaker 19: not be a serious winners charge against them. 1026 00:48:03,680 --> 00:48:08,160 Speaker 2: No, exactly. Obviously this you must have. You mean, no 1027 00:48:08,239 --> 00:48:11,320 Speaker 2: one's traveled around the world more than you have in 1028 00:48:11,360 --> 00:48:13,520 Speaker 2: the last couple of years, and your role as Foreign minister, 1029 00:48:13,600 --> 00:48:15,759 Speaker 2: it must have struck you as the obvious thing to 1030 00:48:15,800 --> 00:48:18,120 Speaker 2: do that you can't be in the world saying come 1031 00:48:18,120 --> 00:48:20,160 Speaker 2: to New Zealand, look at New Zealand. We're open in 1032 00:48:20,239 --> 00:48:22,719 Speaker 2: New Zealand, help us out and at the same time 1033 00:48:22,760 --> 00:48:24,480 Speaker 2: make them rent. I mean that must have struck you 1034 00:48:24,520 --> 00:48:25,240 Speaker 2: as being absurd. 1035 00:48:26,920 --> 00:48:30,319 Speaker 19: Well, what concerned me was that we were having an 1036 00:48:30,360 --> 00:48:33,919 Speaker 19: investment in New Zealand thrust without answering the question why 1037 00:48:34,000 --> 00:48:37,040 Speaker 19: New Zealand, and this was one of the answers to 1038 00:48:37,080 --> 00:48:41,440 Speaker 19: why New Zealand for wealthy foreign investors. Yes, this struck 1039 00:48:41,440 --> 00:48:44,160 Speaker 19: me as unusual. But also I was in Canada not 1040 00:48:44,280 --> 00:48:48,120 Speaker 19: so many years ago when I learned about firsthand the 1041 00:48:48,239 --> 00:48:52,240 Speaker 19: appalling offshore bidding that was going on driving the west 1042 00:48:52,239 --> 00:48:57,440 Speaker 19: coast of Vancouver market mad at the very expensive costs 1043 00:48:57,480 --> 00:49:00,000 Speaker 19: to their local people, and we decided we needed to 1044 00:49:00,000 --> 00:49:00,400 Speaker 19: avoid that. 1045 00:49:01,440 --> 00:49:04,040 Speaker 2: What do you make of Hipkin's reaction yesterday? He would 1046 00:49:04,080 --> 00:49:07,400 Speaker 2: still ban everybody? I mean, does that must worry you 1047 00:49:07,480 --> 00:49:09,920 Speaker 2: as a as a country that's looking to get people 1048 00:49:09,960 --> 00:49:13,200 Speaker 2: here to grow stuff. Then suddenly we're going to go 1049 00:49:13,239 --> 00:49:15,240 Speaker 2: back to nineteen eighty three if he gets back into power. 1050 00:49:17,000 --> 00:49:20,640 Speaker 19: Oh the thing is about mister Hopkins, with the greatest respect, 1051 00:49:21,320 --> 00:49:23,800 Speaker 19: what does he know about anything to do with business. 1052 00:49:24,120 --> 00:49:30,000 Speaker 19: He's never been out of a university labor party hierarchy background, 1053 00:49:30,320 --> 00:49:32,239 Speaker 19: has never had a real job. Wouldn't I how to 1054 00:49:32,280 --> 00:49:34,600 Speaker 19: run the school tuch shop? So I'm not surprised at 1055 00:49:34,640 --> 00:49:38,319 Speaker 19: this sort of massive reaction from him when all we're 1056 00:49:38,360 --> 00:49:42,920 Speaker 19: doing is saying for serious foreign investors who could bring 1057 00:49:43,280 --> 00:49:46,680 Speaker 19: better into this country, then there is one benefit that 1058 00:49:47,120 --> 00:49:49,920 Speaker 19: we need to add to our incentivized to invest in 1059 00:49:49,920 --> 00:49:50,640 Speaker 19: New Zealand plan. 1060 00:49:50,880 --> 00:49:53,160 Speaker 2: Yeah, can't argue with him, all right, Appreciate it very much. 1061 00:49:53,160 --> 00:49:55,879 Speaker 2: Winston Peter's New Zealand first leader got there at last 1062 00:49:55,920 --> 00:49:59,640 Speaker 2: eighteen minutes away from eight tasking democracies alive. And while 1063 00:49:59,680 --> 00:50:01,400 Speaker 2: in tel I m kechem maccaro, I can tell you 1064 00:50:01,400 --> 00:50:05,560 Speaker 2: with the by election, forty four thousand people enrolled in 1065 00:50:05,600 --> 00:50:07,640 Speaker 2: what really is a really interesting race. I mean, normally 1066 00:50:07,680 --> 00:50:09,480 Speaker 2: by elections are a bit ho hum, but this is 1067 00:50:09,840 --> 00:50:12,520 Speaker 2: interesting given the background. Henery got robbed. I mean, I 1068 00:50:12,560 --> 00:50:15,279 Speaker 2: don't literally mean robbed. A serious broad office will work 1069 00:50:15,320 --> 00:50:18,319 Speaker 2: that out in the full course of time. But it 1070 00:50:18,360 --> 00:50:20,919 Speaker 2: was what forty two votes. It was a tight race 1071 00:50:21,440 --> 00:50:23,120 Speaker 2: and there's a lot of question marks around it, and 1072 00:50:23,160 --> 00:50:25,680 Speaker 2: so we're back into it. So forty four thousand people 1073 00:50:25,800 --> 00:50:28,360 Speaker 2: enrolled as of the weekend. How many people do you 1074 00:50:28,440 --> 00:50:31,719 Speaker 2: reckon voted have voted? Of your forty four thousand, two, 1075 00:50:32,120 --> 00:50:34,520 Speaker 2: seven hundred and eighty nine so next to no one's interested. 1076 00:50:34,840 --> 00:50:38,520 Speaker 2: Biggest day Saturday. Of course, everyone's available to vote on Saturday, 1077 00:50:38,560 --> 00:50:42,520 Speaker 2: so a full seven hundred and fifty one people turned up. 1078 00:50:42,520 --> 00:50:43,799 Speaker 2: If you want to compare it to the last by 1079 00:50:43,840 --> 00:50:45,879 Speaker 2: election that was Port Wykatto a couple of years ago, 1080 00:50:46,239 --> 00:50:48,680 Speaker 2: fifty two thousand were enrolled and in the seven days 1081 00:50:48,680 --> 00:50:51,279 Speaker 2: of voting that that had instead of the twenty seven 1082 00:50:51,360 --> 00:50:53,840 Speaker 2: hundred and eighty nine that they've got in Toamackie mccaro. 1083 00:50:53,960 --> 00:50:56,399 Speaker 2: They had eighty one hundred and sixty five. So even 1084 00:50:56,480 --> 00:50:58,200 Speaker 2: at the best of times, is not that much interest. 1085 00:50:58,760 --> 00:51:00,879 Speaker 2: But in this particular race, it's embarrassing. 1086 00:51:01,040 --> 00:51:02,400 Speaker 7: Maybe it was affected by the wind. 1087 00:51:02,920 --> 00:51:06,720 Speaker 2: Oh I forgotten, No, I'll hold on. What was wendy day? Sunday, 1088 00:51:06,800 --> 00:51:07,160 Speaker 2: wasn't it? 1089 00:51:07,320 --> 00:51:07,400 Speaker 1: No? 1090 00:51:07,680 --> 00:51:10,719 Speaker 2: Yeah, So Saturday seven p. Fifty one they got in 1091 00:51:10,840 --> 00:51:13,760 Speaker 2: because they knew the wind was coming. Because everybody knows 1092 00:51:14,680 --> 00:51:16,600 Speaker 2: you can't vote when it's windy day. 1093 00:51:16,840 --> 00:51:19,200 Speaker 7: You don't want your votes blowing away, that's for sure. 1094 00:51:19,320 --> 00:51:22,200 Speaker 2: Red Warning seventeen to two. 1095 00:51:22,400 --> 00:51:26,920 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio, powered 1096 00:51:26,920 --> 00:51:27,680 Speaker 1: by News Talks. 1097 00:51:27,680 --> 00:51:30,719 Speaker 2: It'd be funny thing about Winston a moment ago and 1098 00:51:30,960 --> 00:51:33,160 Speaker 2: you know, doing deals with the coalition. The twenty twenty 1099 00:51:33,160 --> 00:51:36,240 Speaker 2: three edition of a long running New Zealand election study 1100 00:51:36,280 --> 00:51:39,240 Speaker 2: had some numbers crunched, and they've run at every election 1101 00:51:39,320 --> 00:51:42,640 Speaker 2: since nineteen ninety. A majority of national voters wanted the 1102 00:51:42,640 --> 00:51:45,600 Speaker 2: Act Party in coalition, not New Zealand First. Act Party 1103 00:51:45,680 --> 00:51:48,640 Speaker 2: voters weren't particularly ent thirst about New Zealand First. Just 1104 00:51:48,680 --> 00:51:51,799 Speaker 2: seventeen percent wanted New Zealand First in the coalition. New 1105 00:51:51,880 --> 00:51:55,760 Speaker 2: Zealand first voters thirty six percent were happy with National, 1106 00:51:55,800 --> 00:51:58,840 Speaker 2: twenty eight percent with ACT. They could have gone with 1107 00:51:58,920 --> 00:52:03,440 Speaker 2: labor either way, three percent we're happy with labor. Overall, 1108 00:52:03,520 --> 00:52:05,680 Speaker 2: the majority of US fifty one percent, so barely a 1109 00:52:05,719 --> 00:52:09,399 Speaker 2: majority preferred a coalition under MMP A third thirty three 1110 00:52:09,440 --> 00:52:11,640 Speaker 2: percent one of majority government, which is interesting given what 1111 00:52:11,640 --> 00:52:14,800 Speaker 2: we've just gone through. Twenty through twenty three. National parties 1112 00:52:14,920 --> 00:52:18,040 Speaker 2: support US fifty six percent like a single party government, 1113 00:52:18,080 --> 00:52:20,359 Speaker 2: thirty six percent in favor of multiple parties, So we're 1114 00:52:20,360 --> 00:52:23,240 Speaker 2: still sort of seemingly coming to grips with the MMP. 1115 00:52:23,719 --> 00:52:25,840 Speaker 2: Mike tell me you're going to play the audio of 1116 00:52:26,000 --> 00:52:29,759 Speaker 2: her interview Q and A. No, I'm not. But if 1117 00:52:29,760 --> 00:52:32,560 Speaker 2: you saw this is a Reny, the one of the 1118 00:52:32,600 --> 00:52:35,560 Speaker 2: candidates or the candidate for the New Zealand Maori Party 1119 00:52:35,640 --> 00:52:37,520 Speaker 2: or the Maory Party or Tabati Mahriy or whatever the 1120 00:52:37,600 --> 00:52:39,640 Speaker 2: hell they call themselves. Anyway, if you saw her interview 1121 00:52:39,640 --> 00:52:43,279 Speaker 2: with Jack on Q and A probably probably tells you 1122 00:52:43,280 --> 00:52:44,960 Speaker 2: why I know and votes so far. 1123 00:52:46,600 --> 00:52:48,280 Speaker 7: We had the information on your phone. 1124 00:52:48,520 --> 00:52:50,960 Speaker 2: She just did never phone and never phone. I don't 1125 00:52:51,000 --> 00:52:53,320 Speaker 2: think she had the information on the phone. I don't think. 1126 00:52:53,200 --> 00:52:55,240 Speaker 7: She she was hoping she could look it up quickly. 1127 00:52:55,360 --> 00:52:57,279 Speaker 2: All the information I think what she was looking for 1128 00:52:57,400 --> 00:53:01,200 Speaker 2: was Google. By the way, if you haven't seen it, 1129 00:53:01,239 --> 00:53:09,080 Speaker 2: don't bother. Honestly, it's so depressing. Kiora News team. 1130 00:53:09,120 --> 00:53:09,520 Speaker 7: This is. 1131 00:53:12,200 --> 00:53:15,400 Speaker 2: This is from the Cornwall Park communications team. Now first 1132 00:53:15,400 --> 00:53:18,120 Speaker 2: Cornwall Parks in Auckland. If you're listening around the rest 1133 00:53:18,120 --> 00:53:19,400 Speaker 2: of the country, you want to laugh at Auckland for 1134 00:53:19,440 --> 00:53:21,800 Speaker 2: a moment. This to do with the wind on Sunday. 1135 00:53:22,239 --> 00:53:26,080 Speaker 2: The most obviously concerning part about this is a park 1136 00:53:26,120 --> 00:53:30,120 Speaker 2: has a communications team, so and you wonder whether there 1137 00:53:30,120 --> 00:53:31,080 Speaker 2: are too many bureaucrats. 1138 00:53:31,320 --> 00:53:34,239 Speaker 7: How do you normally communicate with a park beings closes. 1139 00:53:34,239 --> 00:53:35,960 Speaker 2: I'm saying you just talked to the park and the 1140 00:53:36,000 --> 00:53:39,240 Speaker 2: park talks back to you. Could you please correct host 1141 00:53:39,280 --> 00:53:43,400 Speaker 2: Mike Hoskins commentary regarding the closure of Cornwall Park. It 1142 00:53:43,440 --> 00:53:45,759 Speaker 2: was not closed on Saturday. Now the important point about that, 1143 00:53:45,800 --> 00:53:48,080 Speaker 2: not only does a park have a communications team, I 1144 00:53:48,120 --> 00:53:51,520 Speaker 2: never said it was closed on Saturday. So first fact 1145 00:53:51,560 --> 00:53:56,160 Speaker 2: completely wrong. We issued the media advisory on Saturday, which 1146 00:53:56,200 --> 00:53:58,759 Speaker 2: is exactly what I said. I said, you said you 1147 00:53:58,760 --> 00:54:00,880 Speaker 2: were going to close the Park day before the wind 1148 00:54:00,920 --> 00:54:03,160 Speaker 2: actually came. That's what I said on the program yesterday. 1149 00:54:03,320 --> 00:54:06,080 Speaker 2: Cornwall Park was closed from one pm Sunday afternoon. Reopened 1150 00:54:06,080 --> 00:54:09,160 Speaker 2: this morning at the usual time. As noted, the health 1151 00:54:09,160 --> 00:54:11,720 Speaker 2: and safety of the public and our staff is our priority. Clearly, 1152 00:54:12,120 --> 00:54:14,840 Speaker 2: it was concerning to hear your host being cavalier about 1153 00:54:14,840 --> 00:54:20,640 Speaker 2: health and safety. Sorry, license license Cerria. 1154 00:54:20,800 --> 00:54:23,600 Speaker 7: That's what they say, they say, Hosking. He might be haggard, 1155 00:54:23,680 --> 00:54:24,880 Speaker 7: but at least he's cavalier. 1156 00:54:25,120 --> 00:54:29,560 Speaker 2: So cavalier thirteen thousand surgeries strike day for the nurses 1157 00:54:29,560 --> 00:54:32,239 Speaker 2: today and Thursday. Average salary for a registered nurses now 1158 00:54:32,239 --> 00:54:35,400 Speaker 2: over one hundred and twenty five thousand dollars, including overtime 1159 00:54:35,880 --> 00:54:40,680 Speaker 2: and allowances. Since twenty eleven, Union nurses have seen their 1160 00:54:40,680 --> 00:54:43,600 Speaker 2: pay rise nearly seventy four percent, which is more than 1161 00:54:43,640 --> 00:54:45,920 Speaker 2: double the wage growth of the thirty five percent across 1162 00:54:45,920 --> 00:54:50,839 Speaker 2: the wider economy. Nurses also receive extra pay for nights, weekends, 1163 00:54:51,200 --> 00:54:55,600 Speaker 2: on call work, additional lea for long shifts, long service sickness, 1164 00:54:55,840 --> 00:54:58,680 Speaker 2: professional development payments about to six thousand dollars a year 1165 00:54:58,880 --> 00:55:03,120 Speaker 2: and five weeks annually after five years. Current offer would 1166 00:55:03,120 --> 00:55:05,359 Speaker 2: see a new graduate nurse on seventy five thousand, seven 1167 00:55:05,440 --> 00:55:07,680 Speaker 2: hundred and seventy three dollars receive a total pay increase 1168 00:55:07,680 --> 00:55:09,360 Speaker 2: of eight thousand, three hundred and thirty seven by the 1169 00:55:09,440 --> 00:55:12,080 Speaker 2: end of June of twenty twenty six. Those are the facts, 1170 00:55:12,200 --> 00:55:14,760 Speaker 2: Those are the stats. Get angry at me and text 1171 00:55:14,800 --> 00:55:16,120 Speaker 2: me now ten to eight. 1172 00:55:16,800 --> 00:55:20,600 Speaker 1: The mic hosting breakfast with rainthrow Ber News togs Head been. 1173 00:55:20,600 --> 00:55:23,080 Speaker 2: But no I promoke. The rebuild of our tourism sector continues, 1174 00:55:23,120 --> 00:55:26,040 Speaker 2: with the latest initiative being the North Island's biggest tourism operators. 1175 00:55:26,040 --> 00:55:28,040 Speaker 2: They're working across the ditch this morning as we speak. 1176 00:55:28,080 --> 00:55:30,719 Speaker 2: The Keiwi North Partnership. It's launched earlier this year. We 1177 00:55:30,719 --> 00:55:32,120 Speaker 2: told you about it at the time. It's running a 1178 00:55:32,120 --> 00:55:34,759 Speaker 2: week long road show Sydney and Melbourne. Any dundas is 1179 00:55:34,800 --> 00:55:38,600 Speaker 2: with Auckland unlimited and as with us any morning, Good morning, Mike. 1180 00:55:38,719 --> 00:55:40,360 Speaker 2: Are you up early in Sydney or Melbourne? 1181 00:55:41,560 --> 00:55:43,879 Speaker 18: I'm deafly in Auckland, but Wisher was there? 1182 00:55:44,200 --> 00:55:47,239 Speaker 2: I bet you do. The delineation between the North and 1183 00:55:47,360 --> 00:55:49,520 Speaker 2: the South as opposed to North being just one part 1184 00:55:49,560 --> 00:55:51,560 Speaker 2: of the country. Can they get their head around that? 1185 00:55:53,000 --> 00:55:55,400 Speaker 18: Well, this is all part of the exercise, right, this 1186 00:55:55,520 --> 00:55:58,600 Speaker 18: is educating Australians that the North Island has absolutely so 1187 00:55:58,760 --> 00:56:00,680 Speaker 18: much to offer as to the South. 1188 00:56:01,200 --> 00:56:04,040 Speaker 2: So it'd be sort of like Australia selling your Queensland. 1189 00:56:04,400 --> 00:56:06,320 Speaker 17: It would exactly, Mike, Okay. 1190 00:56:06,760 --> 00:56:09,560 Speaker 2: So the front of mind aspect, how does it actually work? 1191 00:56:09,640 --> 00:56:12,040 Speaker 2: How do you end up there? You tell who what 1192 00:56:12,560 --> 00:56:15,440 Speaker 2: and they tell your average Australian how do what go 1193 00:56:15,560 --> 00:56:16,239 Speaker 2: to Rhoda Rua. 1194 00:56:17,360 --> 00:56:20,279 Speaker 18: Well, the average Australian holiday is either four to seven 1195 00:56:20,400 --> 00:56:22,360 Speaker 18: days or eight to fourteen days, so that's like a 1196 00:56:22,480 --> 00:56:25,000 Speaker 18: perfect time to come and explore the North Island. So 1197 00:56:25,680 --> 00:56:29,120 Speaker 18: Aukland's the main gateway. What we're encouraging is that people arrive, 1198 00:56:29,200 --> 00:56:31,560 Speaker 18: they're obviously heading up north, they're heading further south, whether 1199 00:56:31,600 --> 00:56:34,120 Speaker 18: it's around Rua, down to the Waikato, out to New Plymouth, 1200 00:56:34,160 --> 00:56:37,480 Speaker 18: Hawks Bay, wherever it may be. So we've got fifteen 1201 00:56:37,560 --> 00:56:41,040 Speaker 18: regions up in Sydney and Melbourne talking about the reasons 1202 00:56:41,080 --> 00:56:43,760 Speaker 18: to come to those destinations as part of a North. 1203 00:56:43,600 --> 00:56:47,520 Speaker 2: Island So they're more regions than companies. Right, So Auckland 1204 00:56:47,600 --> 00:56:50,240 Speaker 2: Unlimited Destination, how Recki, Hawks Bay Etctera. 1205 00:56:51,440 --> 00:56:55,560 Speaker 18: We've got fifteen regions and total seventy operators. So from Auckland, 1206 00:56:55,600 --> 00:56:58,319 Speaker 18: we've got follows, We've got the big foody, We've got 1207 00:56:58,400 --> 00:57:01,040 Speaker 18: a Nando Tillers from Wahiki. So we've got a broad 1208 00:57:01,120 --> 00:57:04,359 Speaker 18: range of operators from Auckland and every region some along 1209 00:57:04,400 --> 00:57:04,719 Speaker 18: as well. 1210 00:57:04,840 --> 00:57:06,400 Speaker 2: And when you do this sort of thing, do you 1211 00:57:06,520 --> 00:57:08,799 Speaker 2: get good buy and from the industry of people can 1212 00:57:08,880 --> 00:57:09,799 Speaker 2: to fire this thing up? 1213 00:57:10,680 --> 00:57:13,200 Speaker 18: Oh, we have a weight list. It's extraordinary and I 1214 00:57:13,239 --> 00:57:15,400 Speaker 18: mean we charge people to come. It's you know, all 1215 00:57:15,480 --> 00:57:19,480 Speaker 18: costs off set and a long weightless and this is 1216 00:57:19,480 --> 00:57:21,400 Speaker 18: the first event, so we're really hoping that this is 1217 00:57:21,480 --> 00:57:22,480 Speaker 18: kind of the first of many. 1218 00:57:22,640 --> 00:57:24,960 Speaker 2: Do you have KPIs I mean by you spend this, 1219 00:57:25,200 --> 00:57:27,200 Speaker 2: you do that you would expect what an increase of 1220 00:57:27,240 --> 00:57:29,600 Speaker 2: one per ten thousand people? What are you looking for? 1221 00:57:30,480 --> 00:57:32,600 Speaker 18: We're looking for a shift in market share. So the 1222 00:57:32,680 --> 00:57:35,360 Speaker 18: South Island's obviously jot a great lift out of Australia. 1223 00:57:35,440 --> 00:57:37,320 Speaker 18: We want to see a lift out, you know, one 1224 00:57:37,360 --> 00:57:39,840 Speaker 18: to two percent out of the North Island out of 1225 00:57:39,880 --> 00:57:43,640 Speaker 18: this work. So they'll be those operators will be charging. 1226 00:57:44,000 --> 00:57:46,480 Speaker 18: I think we've talked about three hundred travel sellers as 1227 00:57:46,520 --> 00:57:48,520 Speaker 18: well as journalists, so it's trying to get in the 1228 00:57:48,600 --> 00:57:50,640 Speaker 18: minds of media that the North Island is a great 1229 00:57:50,680 --> 00:57:53,760 Speaker 18: proposition for you know, a New Zealand holiday. 1230 00:57:53,840 --> 00:57:55,439 Speaker 2: I hope it works. A treat for you. Any any 1231 00:57:55,520 --> 00:57:58,320 Speaker 2: dundas of Auckland unlimited with us this morning four minutes 1232 00:57:58,320 --> 00:58:01,400 Speaker 2: away from mate past like when it is quite funny. 1233 00:58:01,400 --> 00:58:03,360 Speaker 2: You're lucky to have them as a single My sister 1234 00:58:03,400 --> 00:58:06,080 Speaker 2: would love him. Send us a photo of your sister. 1235 00:58:06,720 --> 00:58:07,240 Speaker 2: I'm kidding. 1236 00:58:08,560 --> 00:58:10,960 Speaker 7: Yeah, I need a full personality profile, not just a photo. 1237 00:58:11,240 --> 00:58:15,840 Speaker 2: But Cavalier, wasn't it morning, Mike. What are your thoughts 1238 00:58:15,880 --> 00:58:18,400 Speaker 2: on Regional airlines getting a thirty million dollar boost? Previously 1239 00:58:18,400 --> 00:58:21,000 Speaker 2: said it wouldn't happen. Well it hasn't. It's important we 1240 00:58:21,040 --> 00:58:22,720 Speaker 2: get the facts right here. They haven't got a boost, 1241 00:58:22,760 --> 00:58:25,840 Speaker 2: They've got a loan facility. So the James Meaga was 1242 00:58:25,840 --> 00:58:31,520 Speaker 2: on the program yesterday and it's just I'm not convinced 1243 00:58:31,560 --> 00:58:33,600 Speaker 2: it's going to work. I hope it does, obviously, But 1244 00:58:33,840 --> 00:58:36,600 Speaker 2: a loan is not a grant, is not a gift, 1245 00:58:36,760 --> 00:58:39,280 Speaker 2: is not a boost. It's the It just gets your liquid. 1246 00:58:39,360 --> 00:58:40,680 Speaker 2: If you can see some light at the end of 1247 00:58:40,680 --> 00:58:43,040 Speaker 2: the tunnel. But from all I'm seeing from regional airlines. 1248 00:58:44,040 --> 00:58:46,080 Speaker 2: They got numbers problems, they got demand problems, they got 1249 00:58:46,120 --> 00:58:47,640 Speaker 2: cost problems. I got all sorts of things that are 1250 00:58:47,640 --> 00:58:51,320 Speaker 2: coming at them that aren't suddenly going to go away. Therefore, 1251 00:58:51,400 --> 00:58:53,600 Speaker 2: unless you can service the loan, I'm not sure what 1252 00:58:53,720 --> 00:58:55,560 Speaker 2: the point is, but hopefully I'm going to be proven 1253 00:58:55,600 --> 00:58:57,440 Speaker 2: to be wrong. Food here I Ben Bailey back in 1254 00:58:57,480 --> 00:59:00,240 Speaker 2: the studio after eight after the News, which is next 1255 00:59:00,320 --> 00:59:01,600 Speaker 2: here at news Talk said. 1256 00:59:01,440 --> 00:59:06,760 Speaker 1: Be setting the agenda and talking the big issues, the 1257 00:59:07,040 --> 00:59:11,760 Speaker 1: Mike Hosking Breakfast with Veda, Retirement, Communities, Life Your Way, 1258 00:59:11,920 --> 00:59:12,800 Speaker 1: News Talks, Dead be. 1259 00:59:14,920 --> 00:59:16,600 Speaker 2: If a seven past day. Time for a catch up 1260 00:59:16,640 --> 00:59:18,600 Speaker 2: with one of the country's best hospital operators and all 1261 00:59:18,600 --> 00:59:21,600 Speaker 2: around food hero. Ben Bailey owned six restaurants these days. 1262 00:59:21,640 --> 00:59:23,600 Speaker 2: A seventh is a great story and we'll come to that. 1263 00:59:23,760 --> 00:59:25,480 Speaker 2: Also as television show, if you've been watching it in 1264 00:59:25,520 --> 00:59:28,840 Speaker 2: New Zealand, Food Stories just wrapped its fourth season. So 1265 00:59:29,080 --> 00:59:30,520 Speaker 2: but to cover and Ben bodies back. 1266 00:59:30,600 --> 00:59:32,440 Speaker 6: That's good to see you, same here, Thank you. 1267 00:59:32,640 --> 00:59:36,360 Speaker 2: The food story was the Stone Fruit and Central Otago. 1268 00:59:36,640 --> 00:59:38,360 Speaker 2: We like that, isn't it amazing? 1269 00:59:38,520 --> 00:59:41,400 Speaker 5: It's just it's well class, you know, did you see 1270 00:59:41,440 --> 00:59:44,320 Speaker 5: the Forest Lodge orchard. The legendary is a very first 1271 00:59:44,480 --> 00:59:46,080 Speaker 5: electric farm in New Zealand. 1272 00:59:46,200 --> 00:59:46,600 Speaker 2: That's Mike. 1273 00:59:46,920 --> 00:59:48,640 Speaker 6: Yeah, Mike's He's amazing, Mike. 1274 00:59:48,960 --> 00:59:52,160 Speaker 2: Mike hates me. Mike, Mike loves me and he hates 1275 00:59:52,240 --> 00:59:54,919 Speaker 2: me well, because we've got this electricity. 1276 00:59:54,400 --> 00:59:54,760 Speaker 3: Thing going on. 1277 00:59:54,880 --> 00:59:57,360 Speaker 2: I'm a sort of a I'm not as enamored with 1278 00:59:57,480 --> 00:59:59,320 Speaker 2: EVS as he is, and he wants to turn the 1279 00:59:59,360 --> 01:00:02,120 Speaker 2: whole world electric and so he writes to me on 1280 01:00:02,200 --> 01:00:05,920 Speaker 2: a regular basis. But when it comes to cherries, nobody 1281 01:00:06,000 --> 01:00:06,960 Speaker 2: does it better than he does. 1282 01:00:07,320 --> 01:00:07,760 Speaker 6: That's right. 1283 01:00:07,840 --> 01:00:10,280 Speaker 5: And you know the cool thing about this is that 1284 01:00:11,320 --> 01:00:13,640 Speaker 5: I've never seen a cherry tree and that actually give 1285 01:00:13,680 --> 01:00:16,080 Speaker 5: birth cherries. It was my first time plucking a cherry 1286 01:00:16,120 --> 01:00:18,120 Speaker 5: off the tree and that sounds weird because New Zealand 1287 01:00:18,120 --> 01:00:21,560 Speaker 5: grows the best cherries in the world. And when you 1288 01:00:21,720 --> 01:00:24,240 Speaker 5: see the cherries you can purchase from Forest Lodge Orchard 1289 01:00:24,320 --> 01:00:26,840 Speaker 5: or electric cherries. They want a big balanced farm environment 1290 01:00:26,880 --> 01:00:29,760 Speaker 5: awards as well. They won every Bloody award. You actually 1291 01:00:29,840 --> 01:00:32,880 Speaker 5: get export cherries in your home, so if you buy 1292 01:00:33,040 --> 01:00:35,120 Speaker 5: cherries from a supermarket, they're the tiny, little kind of 1293 01:00:35,240 --> 01:00:38,240 Speaker 5: B grade ones. And so ordering from him, that was 1294 01:00:38,320 --> 01:00:40,360 Speaker 5: really my first experience as a New Zealander in New 1295 01:00:40,440 --> 01:00:42,880 Speaker 5: Zealand eating an export cherry and now this big or 1296 01:00:42,920 --> 01:00:45,120 Speaker 5: you can't really see, but they're like thirty two to 1297 01:00:45,240 --> 01:00:47,360 Speaker 5: thirty six centimeters millimeters. 1298 01:00:48,360 --> 01:00:51,800 Speaker 2: The interesting thing about you so high peak station was 1299 01:00:51,880 --> 01:00:54,320 Speaker 2: one of my favorites as well, because I can't work 1300 01:00:54,360 --> 01:00:56,120 Speaker 2: out whether it's just the highest station where I'm from, 1301 01:00:56,160 --> 01:00:59,240 Speaker 2: candorbur anyway, I find looking at those sort of places 1302 01:00:59,320 --> 01:01:04,680 Speaker 2: actually quite emotional. Well yes, and do you absolutely, because 1303 01:01:04,760 --> 01:01:08,360 Speaker 2: there's something it's so big what they do at a 1304 01:01:08,440 --> 01:01:12,320 Speaker 2: place like that is it's a significant business, isn't It's 1305 01:01:12,360 --> 01:01:14,440 Speaker 2: not just some sheep running away, you know, hundreds of 1306 01:01:14,800 --> 01:01:15,520 Speaker 2: hectares away. 1307 01:01:16,080 --> 01:01:18,480 Speaker 6: It's a story about farmers diversifying. 1308 01:01:19,080 --> 01:01:21,360 Speaker 5: And if you look at that family, who are just 1309 01:01:21,600 --> 01:01:24,800 Speaker 5: wonderful human beings, to be honest, how do you Especially 1310 01:01:24,840 --> 01:01:28,000 Speaker 5: when farms pass on through the generations, they often get 1311 01:01:28,240 --> 01:01:31,880 Speaker 5: divided up or sold, and so the father who sadly 1312 01:01:31,920 --> 01:01:35,080 Speaker 5: passed away one of the whole family to live there 1313 01:01:35,160 --> 01:01:37,880 Speaker 5: together and to work it out. So you've got one 1314 01:01:37,920 --> 01:01:41,440 Speaker 5: person running the farming element. Then you've got the tourism element, 1315 01:01:41,480 --> 01:01:45,080 Speaker 5: and then you've got the honey element. So so much 1316 01:01:45,160 --> 01:01:47,560 Speaker 5: land ten thousand acres, you know, and right at the 1317 01:01:47,560 --> 01:01:51,600 Speaker 5: foothills of Mount Hart and so I mean you're just 1318 01:01:52,120 --> 01:01:54,280 Speaker 5: as a New Zelander getting access to that high country 1319 01:01:54,440 --> 01:01:57,120 Speaker 5: is phenomenal and in fact, it's sort of like if 1320 01:01:57,160 --> 01:01:58,880 Speaker 5: I wasn't a chef, that's what I'd like to do. 1321 01:01:59,200 --> 01:02:00,520 Speaker 6: So for me, that's emotional. 1322 01:02:00,960 --> 01:02:03,280 Speaker 2: Do you has this worked for you? What was your 1323 01:02:03,320 --> 01:02:07,040 Speaker 2: purpose of because I think I'm correct in saying tell 1324 01:02:07,120 --> 01:02:10,120 Speaker 2: me if I'm telling tales here, But this was self funded, 1325 01:02:10,200 --> 01:02:12,040 Speaker 2: wasn't it. This was sort of a gift from you 1326 01:02:12,200 --> 01:02:13,560 Speaker 2: to the country. 1327 01:02:13,280 --> 01:02:15,840 Speaker 5: To Yeah, we're fully self funded and we do have 1328 01:02:15,960 --> 01:02:18,800 Speaker 5: sponsors like Balanced Farm Environment Awards. Without those guys, we 1329 01:02:18,840 --> 01:02:20,320 Speaker 5: wouldn't be able to make the show, so we don't 1330 01:02:20,320 --> 01:02:22,040 Speaker 5: get any money from New Zealand on air or anything 1331 01:02:22,080 --> 01:02:25,200 Speaker 5: like that. For me, it's a couple of things like 1332 01:02:25,640 --> 01:02:27,480 Speaker 5: as a chef, it's my responsibility to get out there 1333 01:02:27,480 --> 01:02:30,000 Speaker 5: and make sure I know what the farmers having for breakfast, 1334 01:02:30,120 --> 01:02:34,720 Speaker 5: let alone how they've grown the animals. And you've got 1335 01:02:34,800 --> 01:02:38,240 Speaker 5: to find out like what's good out there this You know, 1336 01:02:38,280 --> 01:02:40,320 Speaker 5: you go to the supermarket and you you kind of 1337 01:02:40,400 --> 01:02:43,600 Speaker 5: don't know the story of food and when you go 1338 01:02:43,840 --> 01:02:45,680 Speaker 5: on the farm where you go out on a boat 1339 01:02:45,760 --> 01:02:48,560 Speaker 5: and you hear the stories and you hear how hard 1340 01:02:48,600 --> 01:02:51,400 Speaker 5: it is, you have a new respect. That is the 1341 01:02:51,480 --> 01:02:55,040 Speaker 5: beginning of the creative process for coming up with a dish. 1342 01:02:55,600 --> 01:02:57,720 Speaker 5: Like there's just this natural process that goes on in 1343 01:02:57,800 --> 01:02:59,800 Speaker 5: my brain, Like you know, I want to create a 1344 01:03:00,080 --> 01:03:01,960 Speaker 5: from these ingredients and I want to buy direct from 1345 01:03:02,040 --> 01:03:02,480 Speaker 5: these people. 1346 01:03:03,360 --> 01:03:04,480 Speaker 6: So there's that process. 1347 01:03:04,520 --> 01:03:06,760 Speaker 5: And then there's a whole New Zealand ink story where 1348 01:03:07,600 --> 01:03:11,000 Speaker 5: if we tell our food story better, we can sell 1349 01:03:11,080 --> 01:03:13,400 Speaker 5: our products for more, especially when. 1350 01:03:13,320 --> 01:03:15,080 Speaker 6: It comes to export. 1351 01:03:15,680 --> 01:03:17,840 Speaker 5: So I think we're hiding the story too much in 1352 01:03:17,880 --> 01:03:20,040 Speaker 5: New Zealand and we want to uncover and see the 1353 01:03:20,560 --> 01:03:21,120 Speaker 5: soldier of the earth. 1354 01:03:21,200 --> 01:03:22,120 Speaker 6: Kiwis who are doing just. 1355 01:03:22,160 --> 01:03:23,800 Speaker 2: Doing phenomenal autastic stories? 1356 01:03:24,560 --> 01:03:24,760 Speaker 15: Do you? 1357 01:03:24,800 --> 01:03:27,320 Speaker 2: Are you running yourself too thin at the moment? Six restaurants? 1358 01:03:27,680 --> 01:03:29,520 Speaker 2: And when I happened to be an Ah couple of 1359 01:03:29,560 --> 01:03:31,560 Speaker 2: months ago, you were there and you look like you 1360 01:03:31,600 --> 01:03:34,200 Speaker 2: were doing something. That's like you weren't wandering around aimlessly. 1361 01:03:34,840 --> 01:03:37,960 Speaker 2: So how do you how do you do that? Plus 1362 01:03:38,080 --> 01:03:40,480 Speaker 2: your television plus the seventh restaurant? 1363 01:03:41,240 --> 01:03:43,520 Speaker 5: It's like for me, I feel like I've just started 1364 01:03:43,560 --> 01:03:46,520 Speaker 5: out in my career and I just feel like I'm 1365 01:03:46,600 --> 01:03:49,640 Speaker 5: a commie chef just started out from culinary school or so. 1366 01:03:50,080 --> 01:03:53,760 Speaker 5: I have the sense of enthusiasm that that I that 1367 01:03:53,880 --> 01:03:59,440 Speaker 5: I can't can't extinguish. I get a lot of I 1368 01:03:59,520 --> 01:04:01,800 Speaker 5: get a lot of pride and value out of seeing 1369 01:04:02,200 --> 01:04:05,480 Speaker 5: other people sort of rise up, employees or staff members 1370 01:04:05,560 --> 01:04:08,560 Speaker 5: rise up through the ranks. And I'm constantly replacing myself 1371 01:04:09,160 --> 01:04:12,120 Speaker 5: and giving a pathway to those staff members to be 1372 01:04:12,240 --> 01:04:14,520 Speaker 5: able to level up. I mean, I'm just a stepping 1373 01:04:14,560 --> 01:04:18,320 Speaker 5: stone for everyone that works out these restaurants. So my 1374 01:04:18,480 --> 01:04:19,960 Speaker 5: job is to make sure that they're going. 1375 01:04:19,920 --> 01:04:22,160 Speaker 2: To do so quick health check on the hospital industry, 1376 01:04:22,200 --> 01:04:24,400 Speaker 2: which has so many headlines if you want to in 1377 01:04:24,480 --> 01:04:28,520 Speaker 2: this current environment in New Zealanding, can you do well 1378 01:04:29,360 --> 01:04:30,200 Speaker 2: if you want to? 1379 01:04:30,560 --> 01:04:31,160 Speaker 6: Absolutely? 1380 01:04:31,560 --> 01:04:34,000 Speaker 5: I mean you've got to love what you do, right, 1381 01:04:34,160 --> 01:04:37,080 Speaker 5: And I don't have a job by Hospitality is a 1382 01:04:37,120 --> 01:04:40,000 Speaker 5: lifestyle business. I work on the weekends. I answer emails 1383 01:04:40,040 --> 01:04:42,240 Speaker 5: and take calls. Someone will text me, I'll make a 1384 01:04:42,280 --> 01:04:44,840 Speaker 5: booking and I love that stuff. You know, it's really 1385 01:04:45,080 --> 01:04:48,240 Speaker 5: it's a noble thing to serve someone. Someone walks in 1386 01:04:48,280 --> 01:04:49,840 Speaker 5: the restaurant, you look at them and you go, I 1387 01:04:49,960 --> 01:04:53,440 Speaker 5: wonder what you need. And there's nothing better than putting 1388 01:04:53,440 --> 01:04:56,160 Speaker 5: a smile on someone's face, you know, when people leave, 1389 01:04:56,280 --> 01:04:58,600 Speaker 5: like say, Ahi, we will do one hundred covers a night. 1390 01:04:58,680 --> 01:05:01,320 Speaker 5: I get one hundred. Thank you, Like what other job 1391 01:05:01,360 --> 01:05:03,240 Speaker 5: do you walk out at the end of the day 1392 01:05:03,520 --> 01:05:06,360 Speaker 5: and every single customer said, Wow, that was amazing. 1393 01:05:06,040 --> 01:05:06,600 Speaker 6: Thank you so much. 1394 01:05:06,720 --> 01:05:08,400 Speaker 2: That's so true and it's really cool. 1395 01:05:08,480 --> 01:05:09,640 Speaker 6: Industry A it's hard. 1396 01:05:09,720 --> 01:05:13,920 Speaker 5: Yeah, sure, every job's hard, but that for me is 1397 01:05:14,720 --> 01:05:17,880 Speaker 5: it really fills my carp And so you talk about 1398 01:05:17,880 --> 01:05:19,400 Speaker 5: big spread and people go, oh, you can't be every 1399 01:05:19,440 --> 01:05:19,680 Speaker 5: at once. 1400 01:05:19,760 --> 01:05:22,640 Speaker 6: Well, I don't need to be real ever at once. 1401 01:05:22,760 --> 01:05:24,720 Speaker 6: I want to do it like this. 1402 01:05:24,840 --> 01:05:26,320 Speaker 5: I mean, I could stay at one restaurant and just 1403 01:05:26,400 --> 01:05:29,600 Speaker 5: cook every day, but I love the sense of adventure 1404 01:05:29,640 --> 01:05:35,040 Speaker 5: and that's there's nothing better than cruising around and pretend 1405 01:05:35,080 --> 01:05:35,520 Speaker 5: you're working. 1406 01:05:35,800 --> 01:05:38,120 Speaker 2: And that's the truth. I've made a living out of it. 1407 01:05:38,680 --> 01:05:40,280 Speaker 2: More in a Moment, Ben Bailey will talk about the 1408 01:05:40,320 --> 01:05:42,120 Speaker 2: seventh Restaurant In a Moment thirteen past. 1409 01:05:41,920 --> 01:05:47,040 Speaker 1: Eight, The Mic Asking Breakfast Full Show podcast on iHeartRadio 1410 01:05:47,280 --> 01:05:49,160 Speaker 1: powered by News TALKSIP. 1411 01:05:49,600 --> 01:05:52,240 Speaker 2: News Talks seventeen past eight have Ben Bailey's with us 1412 01:05:52,520 --> 01:05:55,280 Speaker 2: Food Hero among other things. Is there another series in 1413 01:05:55,320 --> 01:05:56,480 Speaker 2: the New Zealand story do we know? 1414 01:05:56,680 --> 01:05:59,160 Speaker 5: Yeah, we started already there you go. Yes, so we're 1415 01:05:59,200 --> 01:06:01,800 Speaker 5: going to go. We're doing a pop up up in China. 1416 01:06:02,000 --> 01:06:04,200 Speaker 5: So I sort of want to see in Shanghai for 1417 01:06:04,360 --> 01:06:09,080 Speaker 5: the CIOE, the big International Import Expo in Shanghai November, 1418 01:06:09,120 --> 01:06:10,840 Speaker 5: and you know, it's just sort of seeing where our 1419 01:06:10,880 --> 01:06:13,480 Speaker 5: food goes past New Zealand. I find that fascinating as well, 1420 01:06:13,520 --> 01:06:16,360 Speaker 5: and seeing who's exporting, what they're doing, how the story 1421 01:06:16,360 --> 01:06:18,760 Speaker 5: has been told to the world. So that's going to 1422 01:06:18,760 --> 01:06:20,720 Speaker 5: be fun. We're doing a week in Shanghai at w 1423 01:06:20,960 --> 01:06:24,440 Speaker 5: Hotel fourth to the eighth of November. So that's pretty cool, 1424 01:06:24,520 --> 01:06:25,360 Speaker 5: brilliant stuff. Right. 1425 01:06:25,440 --> 01:06:29,880 Speaker 2: The seventh restaurant is at the What I would know 1426 01:06:30,040 --> 01:06:33,760 Speaker 2: is the Rotunda. Yes in Wellington, Yes, Oriental Parade, Yes, 1427 01:06:34,040 --> 01:06:38,800 Speaker 2: prime real estate, waterfront on the waterfront. Yeah, it's called 1428 01:06:38,800 --> 01:06:43,560 Speaker 2: the Pavilion. It has been empty for twelve years. That's 1429 01:06:43,600 --> 01:06:45,080 Speaker 2: a disgrace in itself, isn't it? 1430 01:06:45,080 --> 01:06:45,680 Speaker 6: One hundred percent? 1431 01:06:45,840 --> 01:06:47,680 Speaker 2: Yeah, and so how's this come together? 1432 01:06:48,240 --> 01:06:48,959 Speaker 6: Well, I mean. 1433 01:06:49,520 --> 01:06:52,000 Speaker 5: Twelve years empty of waterfront building like that, it's kind 1434 01:06:52,040 --> 01:06:54,520 Speaker 5: of a symbol of Wellington. I mean, I love Wellington 1435 01:06:54,560 --> 01:06:56,240 Speaker 5: for a start. I've always loved going down there, had 1436 01:06:56,320 --> 01:06:58,960 Speaker 5: family down there, and so when the opportunity came up, 1437 01:06:59,000 --> 01:07:00,600 Speaker 5: I just flew down and checked out the building and 1438 01:07:00,680 --> 01:07:03,400 Speaker 5: just fell in love with it and met the developer, 1439 01:07:03,520 --> 01:07:05,960 Speaker 5: David Loveveradge from Watson Group, and then rod Der's one 1440 01:07:06,000 --> 01:07:10,000 Speaker 5: of the investors who as zero as in zero yes. 1441 01:07:10,040 --> 01:07:13,720 Speaker 5: So these guys are essentially doing a service to the community. 1442 01:07:14,160 --> 01:07:16,560 Speaker 5: They're spending the money, their own money, to fix this building, 1443 01:07:16,960 --> 01:07:18,960 Speaker 5: to get it ready to have a venue in it, 1444 01:07:19,320 --> 01:07:21,240 Speaker 5: which in itself is millions of dollars. 1445 01:07:21,360 --> 01:07:24,000 Speaker 2: So right, so that's what it needed. Because my understanding 1446 01:07:24,080 --> 01:07:25,520 Speaker 2: is that you guys aren't the first to have a 1447 01:07:25,560 --> 01:07:27,160 Speaker 2: look at it or a crack at it. But the 1448 01:07:27,280 --> 01:07:28,600 Speaker 2: problem was the dosh. 1449 01:07:29,040 --> 01:07:29,680 Speaker 6: Yeah exactly. 1450 01:07:29,920 --> 01:07:31,720 Speaker 5: I mean, one thing's for sure and the next sort 1451 01:07:31,760 --> 01:07:33,760 Speaker 5: of well, you know there's going to be more earthquakes 1452 01:07:33,760 --> 01:07:36,280 Speaker 5: in New Zealand, right and Wellington's due, so that's a 1453 01:07:36,320 --> 01:07:38,880 Speaker 5: big thing. Getting at earthquake strengthens a big Okay. 1454 01:07:38,720 --> 01:07:40,880 Speaker 2: So they've got the money, you've got the expertise. How 1455 01:07:40,920 --> 01:07:42,520 Speaker 2: did you get roped into it? They just said do 1456 01:07:42,560 --> 01:07:42,960 Speaker 2: you want to. 1457 01:07:43,400 --> 01:07:45,600 Speaker 5: Yeah, I guess once a week someone calls me up 1458 01:07:45,640 --> 01:07:48,080 Speaker 5: and asks me to buy their restaurant and they think 1459 01:07:48,120 --> 01:07:51,600 Speaker 5: it's a brilliant idea. And so that's what happened in 1460 01:07:51,640 --> 01:07:54,320 Speaker 5: this in this case. But I went down there and 1461 01:07:54,360 --> 01:07:56,680 Speaker 5: fell in love with the building and then got along 1462 01:07:56,800 --> 01:07:58,840 Speaker 5: really great with David and the team down there, and. 1463 01:07:59,600 --> 01:08:01,600 Speaker 6: So that was sort of the process. 1464 01:08:01,760 --> 01:08:04,680 Speaker 5: And you've got to be super careful getting into business 1465 01:08:04,720 --> 01:08:07,120 Speaker 5: with people, and you know, sometimes you just click and 1466 01:08:07,120 --> 01:08:09,560 Speaker 5: you've got to go with your gut, and all these 1467 01:08:09,600 --> 01:08:11,720 Speaker 5: things sort of sort of played out over the last 1468 01:08:11,760 --> 01:08:13,240 Speaker 5: sort of since the beginning of the year. 1469 01:08:13,280 --> 01:08:17,080 Speaker 2: And then that I without getting too political, did you 1470 01:08:17,160 --> 01:08:18,400 Speaker 2: deal with the council And how was it? 1471 01:08:18,800 --> 01:08:20,840 Speaker 5: Poor David had two Yes, but they've been good and 1472 01:08:21,200 --> 01:08:22,600 Speaker 5: they just don't have the money to fix that. So 1473 01:08:23,040 --> 01:08:25,280 Speaker 5: it's got to come, you know, from fro. 1474 01:08:25,360 --> 01:08:27,800 Speaker 2: So there's a mix of business and philanthropy in that sense. 1475 01:08:27,880 --> 01:08:31,559 Speaker 5: So my view is one hundred percent that's the case. 1476 01:08:32,520 --> 01:08:35,639 Speaker 5: I don't think it's a good business decision to fix 1477 01:08:35,680 --> 01:08:38,640 Speaker 5: this building. I mean, they're doing it for the community. 1478 01:08:38,320 --> 01:08:40,600 Speaker 2: I believe, So you're in that when does all this 1479 01:08:40,720 --> 01:08:41,519 Speaker 2: happen by the way. 1480 01:08:41,800 --> 01:08:43,439 Speaker 5: I reckon it will open sort of. We're hoping for 1481 01:08:43,560 --> 01:08:46,519 Speaker 5: October next year, okay, yeah, and I'm excited. You know, 1482 01:08:46,560 --> 01:08:48,360 Speaker 5: we've got Garage Project involved and they're part of the 1483 01:08:48,439 --> 01:08:52,960 Speaker 5: sort of cultural fabric of Wellington. So it's been amazing 1484 01:08:53,000 --> 01:08:54,800 Speaker 5: working with that team. They have one of the most 1485 01:08:54,840 --> 01:08:58,360 Speaker 5: amazing beverage companies in New Zealand seeing the alchemy. They 1486 01:08:58,400 --> 01:09:00,760 Speaker 5: make a hundred new beers a year, so it's really cool. 1487 01:09:00,800 --> 01:09:02,800 Speaker 5: So there's some really good sentergies there between food and. 1488 01:09:03,479 --> 01:09:05,320 Speaker 2: In some trouble the other day, I see I've not 1489 01:09:05,400 --> 01:09:08,160 Speaker 2: tasted as zero alcohol beer that I can. I just 1490 01:09:08,200 --> 01:09:10,280 Speaker 2: don't like it though. There's something about it's just have 1491 01:09:10,400 --> 01:09:12,639 Speaker 2: you got one? Have you tasted one? Is it out there? 1492 01:09:13,160 --> 01:09:13,360 Speaker 12: Yeah? 1493 01:09:13,479 --> 01:09:16,800 Speaker 6: Not zero zero tiny percent? So their Garage Project. 1494 01:09:18,000 --> 01:09:22,240 Speaker 2: Five or six percent something like that, just a little yeah, yeah, I. 1495 01:09:22,240 --> 01:09:25,080 Speaker 5: Think it's point five tiny is really good from Garage 1496 01:09:25,120 --> 01:09:27,400 Speaker 5: Project beer beer from. 1497 01:09:27,320 --> 01:09:30,080 Speaker 2: SMaL So you you argue they're good beers and you can. 1498 01:09:30,479 --> 01:09:35,320 Speaker 5: Yeah, I mean they're drinkable, you go, I mean, I 1499 01:09:35,400 --> 01:09:36,960 Speaker 5: mean those beers are good. Yeah, I mean you you 1500 01:09:37,120 --> 01:09:38,920 Speaker 5: drink them, and and I think when you drink zero 1501 01:09:39,000 --> 01:09:41,160 Speaker 5: beers or lower it very very low alcohol beers and 1502 01:09:41,200 --> 01:09:42,720 Speaker 5: you're at a party or whatever, there's some sort of 1503 01:09:43,200 --> 01:09:45,880 Speaker 5: sort of placebo effect where it's happy and you kind 1504 01:09:45,920 --> 01:09:46,640 Speaker 5: of I don't know. 1505 01:09:47,760 --> 01:09:50,479 Speaker 2: What I like about you is that, because we talk 1506 01:09:50,520 --> 01:09:53,360 Speaker 2: about the economy a lot in this program and it 1507 01:09:53,439 --> 01:09:56,479 Speaker 2: affects everybody, is that you don't seem affected by the 1508 01:09:56,560 --> 01:09:58,040 Speaker 2: economy and you. 1509 01:09:58,320 --> 01:09:59,320 Speaker 18: Just do what you do. 1510 01:10:00,120 --> 01:10:00,320 Speaker 9: Yeah. 1511 01:10:00,400 --> 01:10:03,960 Speaker 5: Well, I'm kind of nonchalant about it because you can't 1512 01:10:04,080 --> 01:10:07,719 Speaker 5: change it, and we are. Restaurants are a great barometer 1513 01:10:07,800 --> 01:10:09,960 Speaker 5: of the economy. Just CHRISTI who spin right, So with 1514 01:10:10,479 --> 01:10:12,400 Speaker 5: some of the I don't know, maybe people don't buy 1515 01:10:12,400 --> 01:10:14,640 Speaker 5: a new car, they don't go out for dinner. So 1516 01:10:14,920 --> 01:10:16,960 Speaker 5: you know, second quarter of this year we saw a 1517 01:10:17,160 --> 01:10:22,120 Speaker 5: huge drop because the economy was going backwards and tourism dropped. 1518 01:10:22,200 --> 01:10:25,640 Speaker 5: So when those two things combine, then it really can 1519 01:10:25,680 --> 01:10:30,200 Speaker 5: affect restaurants. We had an amazing Christmas, a really good 1520 01:10:30,680 --> 01:10:31,240 Speaker 5: first quarter. 1521 01:10:32,000 --> 01:10:34,120 Speaker 2: But yeah, that really Are you seeing some life now 1522 01:10:34,240 --> 01:10:35,720 Speaker 2: in Q three as they say in. 1523 01:10:35,800 --> 01:10:38,880 Speaker 5: Q three, Yes, I mean it's really dramatically picked up. 1524 01:10:38,880 --> 01:10:41,479 Speaker 5: There's been some great activations in Auckland with Auckland Restaurant 1525 01:10:41,520 --> 01:10:42,280 Speaker 5: Months and things like that. 1526 01:10:42,439 --> 01:10:44,840 Speaker 6: And corporates are sort of spending a bit little bit 1527 01:10:44,880 --> 01:10:45,240 Speaker 6: more money. 1528 01:10:45,400 --> 01:10:47,720 Speaker 2: What about your entire empire around the country you were 1529 01:10:47,720 --> 01:10:51,920 Speaker 2: a half dozen Well, yeah, you know Queenstown, You're in Queenstow. 1530 01:10:52,000 --> 01:10:53,360 Speaker 2: You can't go wrong in queenstonne can you. 1531 01:10:53,560 --> 01:10:55,559 Speaker 6: Well you can. There's a saying you can sell shit 1532 01:10:55,640 --> 01:11:01,400 Speaker 6: sandwiches in QUEENSTOWND and make money. So apparently yeah I had, 1533 01:11:01,439 --> 01:11:03,439 Speaker 6: but I din'd live by that just so you know. 1534 01:11:03,880 --> 01:11:07,639 Speaker 5: But yeah, I mean, I think when you know, you've 1535 01:11:07,680 --> 01:11:10,120 Speaker 5: got summer and winter season and then you've got two 1536 01:11:10,160 --> 01:11:13,519 Speaker 5: shoulder seasons. Some years so shoulder seasons are really small 1537 01:11:13,800 --> 01:11:16,960 Speaker 5: and some years they're really long. Like last one, for example, 1538 01:11:17,000 --> 01:11:19,200 Speaker 5: we didn't have many Australians come over for ski and 1539 01:11:19,280 --> 01:11:20,600 Speaker 5: then this year a lot of Australians. 1540 01:11:20,640 --> 01:11:22,439 Speaker 6: So you know, it's swings, It. 1541 01:11:22,479 --> 01:11:24,280 Speaker 2: Swings around about. Always good to see you, mate, Go 1542 01:11:24,360 --> 01:11:26,439 Speaker 2: well with thank you. We'll talk close to the time 1543 01:11:26,479 --> 01:11:29,240 Speaker 2: of the Wellington operation. Thanks by Ben Bailey eight twenty two. 1544 01:11:30,760 --> 01:11:34,400 Speaker 3: The My Hosking Breakfast with Bailey's Real Estate news talks. 1545 01:11:34,439 --> 01:11:37,920 Speaker 2: They'd be now New Zealand's meeting into large enterprise and 1546 01:11:37,960 --> 01:11:41,560 Speaker 2: government agencies. They're facing a critical challenge doing more with 1547 01:11:41,920 --> 01:11:45,160 Speaker 2: let's now tech technology an essential tool that you can 1548 01:11:45,280 --> 01:11:48,320 Speaker 2: leverage to enhance. But so Spark Business is helping organizations 1549 01:11:48,439 --> 01:11:51,759 Speaker 2: drive real productivity and resilience through their expertise in cloud 1550 01:11:51,840 --> 01:11:55,920 Speaker 2: I T automation, mobile solutions, call center tech, data centers, 1551 01:11:55,960 --> 01:11:58,719 Speaker 2: managed services, network security. So the thing that sets spark 1552 01:11:58,760 --> 01:12:01,320 Speaker 2: apart is they're a team of top New Zealand based 1553 01:12:01,360 --> 01:12:04,479 Speaker 2: experts who understand the unique challenges that we face in 1554 01:12:04,560 --> 01:12:07,240 Speaker 2: this country. So they're not just tech consultants, they're problem solvers, 1555 01:12:07,280 --> 01:12:09,920 Speaker 2: people who know what it takes to deliver results through tech. 1556 01:12:10,040 --> 01:12:13,880 Speaker 2: So if you're looking to boost your organization's capabilities, explore 1557 01:12:13,920 --> 01:12:16,400 Speaker 2: what Spark Business has to offer. Their track record speaks 1558 01:12:16,439 --> 01:12:18,760 Speaker 2: for itself. Their leaders in many spaces and know how 1559 01:12:18,880 --> 01:12:21,240 Speaker 2: to get the job done. So for more information check 1560 01:12:21,280 --> 01:12:25,400 Speaker 2: it out Spark Business. Just look up online Spark Business. 1561 01:12:26,360 --> 01:12:28,839 Speaker 2: Asking Mike, I wasn't going to listen to this interview. 1562 01:12:29,280 --> 01:12:31,120 Speaker 2: I thought it wasn't something I'd be interested in, But 1563 01:12:31,200 --> 01:12:33,280 Speaker 2: I didn't. I was wrong. It's always interesting to listen 1564 01:12:33,320 --> 01:12:35,360 Speaker 2: to someone who's enthusiastic and passionate about what they do 1565 01:12:35,439 --> 01:12:39,759 Speaker 2: because it's inspiring goodness sake show starts at six, finishes 1566 01:12:39,800 --> 01:12:42,400 Speaker 2: at nine. No one leaves. It's as simple as that. 1567 01:12:42,560 --> 01:12:45,280 Speaker 2: By the way, I've got a fabulous winner. I was 1568 01:12:45,320 --> 01:12:47,719 Speaker 2: going to do it now. This for the Chemists Warehouse 1569 01:12:47,760 --> 01:12:49,960 Speaker 2: Father's Day. By the way, if you haven't entered news Talk, 1570 01:12:50,040 --> 01:12:52,680 Speaker 2: Zibi dot co dot mst forward slash win and you 1571 01:12:52,720 --> 01:12:54,960 Speaker 2: can win a thousand dollars cash and you'll get a 1572 01:12:55,040 --> 01:12:57,280 Speaker 2: two hundred dollars about you for fragrance of your choice 1573 01:12:57,280 --> 01:12:59,200 Speaker 2: from the real House of Fragrances this Father's Day with 1574 01:12:59,240 --> 01:13:02,559 Speaker 2: Chemist Warehouse. Of course, I cannot do the letter justice. 1575 01:13:02,640 --> 01:13:05,439 Speaker 2: I thought yesterday's letter was fantastic. There were tears yesterday. 1576 01:13:05,439 --> 01:13:08,200 Speaker 2: I was told this. The two people involved were happy 1577 01:13:08,240 --> 01:13:09,560 Speaker 2: to be in the same room together when I was 1578 01:13:09,600 --> 01:13:13,760 Speaker 2: doing the business, and there were tears. And today's letter 1579 01:13:14,080 --> 01:13:20,519 Speaker 2: may even be better, or it may not. I personally 1580 01:13:20,560 --> 01:13:22,920 Speaker 2: think it is. Anyway, Well, we'll give away. We'll tell 1581 01:13:22,920 --> 01:13:24,680 Speaker 2: you who it is after the break But in the 1582 01:13:24,760 --> 01:13:27,760 Speaker 2: meantime enter at news Talk, saidb dot co dot m 1583 01:13:27,880 --> 01:13:31,400 Speaker 2: z Ford slash when so the winner in rod Little 1584 01:13:31,600 --> 01:13:32,600 Speaker 2: after the news, which is. 1585 01:13:32,640 --> 01:13:36,600 Speaker 3: Next the breakfast show Kiwi's trust to stay in the know. 1586 01:13:37,080 --> 01:13:41,160 Speaker 1: The Mike Hosking breakfast with range Rover, leading by example, 1587 01:13:41,280 --> 01:13:44,559 Speaker 1: News Talks dead b twenty three to nine when one 1588 01:13:44,600 --> 01:13:47,960 Speaker 1: thousand dollars for Father's Day thanks to Chemist Warehouse, the 1589 01:13:48,080 --> 01:13:50,680 Speaker 1: real house of Fragrancess and News Talks said be. 1590 01:13:50,840 --> 01:13:52,400 Speaker 2: Yeah, so I hope you entered during the news. News 1591 01:13:52,400 --> 01:13:54,479 Speaker 2: Talks at me doc dot inzed Ford slash when another 1592 01:13:54,520 --> 01:13:57,439 Speaker 2: winner tomorrow, another winter Thursday, another winner Friday. My dad, 1593 01:13:57,760 --> 01:14:02,679 Speaker 2: Mike murried Us, is a lead, not the history book variety, 1594 01:14:02,800 --> 01:14:05,240 Speaker 2: but because of the way he helped shape my life. 1595 01:14:06,200 --> 01:14:08,559 Speaker 2: Like teaching me how to tie things onto the car roof. 1596 01:14:09,240 --> 01:14:12,439 Speaker 2: Most dads would use proper straps. Mine he tied it 1597 01:14:12,560 --> 01:14:14,479 Speaker 2: down with so many knots that looked like Spider Man 1598 01:14:14,560 --> 01:14:17,599 Speaker 2: had a break down. We had to cut the rope 1599 01:14:17,640 --> 01:14:20,040 Speaker 2: to get it off, but the lesson stuck. Sometimes it's 1600 01:14:20,080 --> 01:14:23,240 Speaker 2: better to overdo it than have the whole load fall 1601 01:14:23,320 --> 01:14:26,599 Speaker 2: off halfway home. Or teaching me to mow the lawn. 1602 01:14:26,640 --> 01:14:29,639 Speaker 2: Overseeing the operation, arms crossed like a military sergeant pointing 1603 01:14:29,680 --> 01:14:32,080 Speaker 2: out every uneven line. At the time, I thought he 1604 01:14:32,200 --> 01:14:34,680 Speaker 2: was being picking. Now I just hear that voice in 1605 01:14:34,760 --> 01:14:36,960 Speaker 2: my head. If you're going to do it, do it. 1606 01:14:37,080 --> 01:14:41,960 Speaker 2: Properly annoying then, but useful now. That's why he's my hero. 1607 01:14:42,200 --> 01:14:45,679 Speaker 2: No big speeches or fancy advice, just lots of small, messy, 1608 01:14:46,080 --> 01:14:49,160 Speaker 2: funny moments that shaped me. So that's son him off. 1609 01:14:50,200 --> 01:14:53,240 Speaker 2: We love that. So your dad, Sonem gets one thousand 1610 01:14:53,280 --> 01:14:55,920 Speaker 2: dollars and a voucher from chemist ware House to House 1611 01:14:55,920 --> 01:15:00,280 Speaker 2: of Fragrances for a fragrance of his choice. We will 1612 01:15:00,320 --> 01:15:02,360 Speaker 2: do to the nice leader. But does that better than yesterday's? 1613 01:15:02,920 --> 01:15:06,120 Speaker 2: Didn't carry the same emotion as yesterday, but I think 1614 01:15:06,160 --> 01:15:08,000 Speaker 2: there was a much stronger life lesson there. 1615 01:15:08,280 --> 01:15:10,080 Speaker 7: I don't think that we're really supposed to be playing 1616 01:15:10,120 --> 01:15:15,360 Speaker 7: them off against each other, saying that somebody's dead or 1617 01:15:15,400 --> 01:15:17,599 Speaker 7: father figure is better than somebody else's. 1618 01:15:18,920 --> 01:15:20,640 Speaker 2: I'm into competition when I just like it. 1619 01:15:20,720 --> 01:15:22,479 Speaker 7: I mean, I'm assuming you're just talking about the quality 1620 01:15:22,520 --> 01:15:24,200 Speaker 7: of the letter, not the quality of the dead or 1621 01:15:24,240 --> 01:15:24,840 Speaker 7: father figure. 1622 01:15:24,920 --> 01:15:26,760 Speaker 2: I'm going to announce I'm going to take from my 1623 01:15:26,840 --> 01:15:29,960 Speaker 2: own pocket on Friday an amount of money, and I'm 1624 01:15:29,960 --> 01:15:31,080 Speaker 2: going to announce the bestweaker. 1625 01:15:31,760 --> 01:15:34,920 Speaker 7: I say, so, really it becomes a competition for letter 1626 01:15:34,920 --> 01:15:35,759 Speaker 7: writing skills exactly. 1627 01:15:35,800 --> 01:15:37,599 Speaker 2: I'm going I'm going to rank them five four three 1628 01:15:37,680 --> 01:15:40,320 Speaker 2: two one. So someone's going to be a wonder and 1629 01:15:40,400 --> 01:15:42,080 Speaker 2: someone isn't. Twenty one minutes. 1630 01:15:41,880 --> 01:15:46,800 Speaker 14: Away International correspondence with ends and eye insurance, peace of 1631 01:15:46,880 --> 01:15:48,120 Speaker 14: mind for New Zealand. 1632 01:15:47,840 --> 01:15:50,960 Speaker 2: Business are the UK ride Morning to you mate, good morning, 1633 01:15:51,200 --> 01:15:56,280 Speaker 2: you make three pads? Rainer? Is she I'm endlessly fascinated 1634 01:15:56,320 --> 01:15:58,880 Speaker 2: by her endless property empire and the trouble she seems 1635 01:15:58,880 --> 01:16:02,240 Speaker 2: to be in. Is this really across the landscape in Britain? 1636 01:16:02,280 --> 01:16:03,920 Speaker 2: The people genuinely upset by thiss? 1637 01:16:04,240 --> 01:16:06,800 Speaker 17: It is a bit, It is a bit. She's had 1638 01:16:06,880 --> 01:16:12,760 Speaker 17: Sekelear Starmer's support today she was very grateful for but 1639 01:16:14,240 --> 01:16:16,640 Speaker 17: it is yet again a case of you know, do 1640 01:16:16,800 --> 01:16:20,120 Speaker 17: as we say, not as we as we do. She 1641 01:16:20,360 --> 01:16:23,840 Speaker 17: didn't pay it, now transpires, but she didn't pay the 1642 01:16:23,920 --> 01:16:26,799 Speaker 17: proper stamp duty on this flat. She bought it Brighton, 1643 01:16:27,800 --> 01:16:33,760 Speaker 17: which forty thousand quid. You know, she called it her 1644 01:16:33,840 --> 01:16:38,240 Speaker 17: own home and her main home. And that leaves her constituents, 1645 01:16:38,240 --> 01:16:42,559 Speaker 17: for example, in near Manchester, thinking well, hang on, isn't 1646 01:16:42,600 --> 01:16:45,000 Speaker 17: she meant to be the empty for up here rather 1647 01:16:45,120 --> 01:16:49,960 Speaker 17: than three hundred miles away down south? And so it rankles, 1648 01:16:50,120 --> 01:16:54,360 Speaker 17: it rankles with her constituents it rankles with the augury 1649 01:16:54,479 --> 01:16:57,479 Speaker 17: voters who said, you know, she's doing a taxpayer out 1650 01:16:57,520 --> 01:17:00,400 Speaker 17: of forty grand and that's not very good. 1651 01:17:00,280 --> 01:17:03,560 Speaker 2: Behavior given all the starmerhairs. And I'll come to his 1652 01:17:03,680 --> 01:17:06,080 Speaker 2: reorganization and of his office in just a mind, given 1653 01:17:06,120 --> 01:17:08,800 Speaker 2: all the problems at Starma Haas, how does he defend this? 1654 01:17:09,120 --> 01:17:10,760 Speaker 2: I mean he needs us like a hole in the head, 1655 01:17:10,800 --> 01:17:11,120 Speaker 2: doesn't he. 1656 01:17:11,240 --> 01:17:13,800 Speaker 17: She's just said, I think she's doing an absolutely marmous job. 1657 01:17:14,040 --> 01:17:16,639 Speaker 17: And everything she's done us within the law and everything, 1658 01:17:17,360 --> 01:17:19,519 Speaker 17: which is what he said every time he's coming to 1659 01:17:20,680 --> 01:17:26,240 Speaker 17: We ran into trouble with donations with Waki Dali by 1660 01:17:26,360 --> 01:17:29,840 Speaker 17: his suits. He's always said everything was done by the book. Well, 1661 01:17:29,880 --> 01:17:32,080 Speaker 17: it may have been done by the book, but it sticks, 1662 01:17:32,680 --> 01:17:39,120 Speaker 17: and Angela Rayner's housing choices stick, frankly much as did 1663 01:17:39,200 --> 01:17:43,320 Speaker 17: all those donations which he took a year ago. So 1664 01:17:44,400 --> 01:17:47,160 Speaker 17: I don't think he reads the public terribly well on it, 1665 01:17:47,600 --> 01:17:52,519 Speaker 17: because the argument was after that disastrous last autumn when 1666 01:17:52,560 --> 01:17:56,160 Speaker 17: they were done for all manner of sort of taking 1667 01:17:56,360 --> 01:18:01,040 Speaker 17: back pocketing donations and free being and everything was well, 1668 01:18:01,040 --> 01:18:03,360 Speaker 17: we're going to run a tight ship from now on. Well, 1669 01:18:03,560 --> 01:18:07,880 Speaker 17: there's your deputy Prime minister. You know it doesn't look good. 1670 01:18:08,200 --> 01:18:10,960 Speaker 2: No, it does not. His reorganization of his office and 1671 01:18:11,040 --> 01:18:13,479 Speaker 2: this is you know, private secretaries and communication chiefs and 1672 01:18:13,479 --> 01:18:15,080 Speaker 2: stuff like that. And when you dubbed tell that in 1673 01:18:15,200 --> 01:18:17,599 Speaker 2: with what Cooper was saying today about families and bringing 1674 01:18:18,040 --> 01:18:21,120 Speaker 2: it seems they've got real trouble. Is there a panic 1675 01:18:21,439 --> 01:18:22,960 Speaker 2: or just angst about the place? 1676 01:18:23,720 --> 01:18:26,000 Speaker 17: I think there's a fair amount of panic about the place. 1677 01:18:26,200 --> 01:18:30,880 Speaker 17: Now we're a year in and things are getting progressively 1678 01:18:31,040 --> 01:18:34,559 Speaker 17: worse for the government rather than better. And they didn't 1679 01:18:34,600 --> 01:18:37,800 Speaker 17: have a honeymoon period, so you know, I think he's 1680 01:18:37,840 --> 01:18:41,759 Speaker 17: a second least like leader in the world after Emanuel Macron, 1681 01:18:42,360 --> 01:18:45,840 Speaker 17: which is something to write home about, isn't it. And 1682 01:18:47,120 --> 01:18:50,519 Speaker 17: what happened to turn of the year. He started doing 1683 01:18:50,800 --> 01:18:55,840 Speaker 17: vaguely kind of blue laborish things such as taking quite 1684 01:18:55,880 --> 01:18:59,040 Speaker 17: a strict line on trans quite a strict line on 1685 01:18:59,240 --> 01:19:02,840 Speaker 17: Israel and so on. I'm not criticizing Israel too much. 1686 01:19:03,800 --> 01:19:08,280 Speaker 17: Lost the left of his party as a consequence, and 1687 01:19:08,880 --> 01:19:12,200 Speaker 17: probably lost quite a few voters in the affluent South 1688 01:19:12,240 --> 01:19:14,600 Speaker 17: who objected to this sort of count out into the 1689 01:19:14,640 --> 01:19:17,240 Speaker 17: working class vote. And all this was put down to 1690 01:19:17,360 --> 01:19:23,160 Speaker 17: being Morgan McSweeney, who is his chief advisor, And it 1691 01:19:23,280 --> 01:19:26,320 Speaker 17: now looks as if McSweeney is kind of being edged 1692 01:19:26,479 --> 01:19:28,720 Speaker 17: towards the door a little bit that there's a big 1693 01:19:29,280 --> 01:19:32,320 Speaker 17: there's a big change and what we will see, I 1694 01:19:32,439 --> 01:19:35,960 Speaker 17: think from here on in is a more leftwards tilt 1695 01:19:36,000 --> 01:19:40,400 Speaker 17: of the government, certainly beginning with the budget in the autumn. 1696 01:19:40,760 --> 01:19:42,880 Speaker 2: Since we last talk what was it, I mean talking 1697 01:19:42,920 --> 01:19:46,240 Speaker 2: about Cooper and the refugee family reunion program. Yeah, the 1698 01:19:46,600 --> 01:19:49,479 Speaker 2: iron surely has not lost on people in places like Epping. 1699 01:19:49,560 --> 01:19:53,320 Speaker 2: This happened over the weekend. The government appeals a decision 1700 01:19:54,000 --> 01:19:57,320 Speaker 2: and wins the appeal. So it's almost like the government 1701 01:19:57,439 --> 01:19:59,720 Speaker 2: versus the people, isn't it? Like you know, you're going 1702 01:19:59,760 --> 01:20:01,320 Speaker 2: to have these get st up. 1703 01:20:02,080 --> 01:20:04,840 Speaker 17: And that is exactly how it's been seen by an 1704 01:20:04,880 --> 01:20:09,280 Speaker 17: awful lot of people that basically it's the government versus 1705 01:20:09,360 --> 01:20:11,720 Speaker 17: the people, and the government on the side of asylum 1706 01:20:11,800 --> 01:20:17,320 Speaker 17: seekers versus the people. So again that loses of all 1707 01:20:17,400 --> 01:20:20,200 Speaker 17: the votes that they might have got as a consequence 1708 01:20:20,280 --> 01:20:23,280 Speaker 17: of eve keepers suddenly saying today, well, we're not going 1709 01:20:23,360 --> 01:20:26,519 Speaker 17: to let asylum seekers bring their families over. I suspect 1710 01:20:26,600 --> 01:20:29,160 Speaker 17: most people in the country didn't know that they were 1711 01:20:29,200 --> 01:20:33,640 Speaker 17: allowed to in the first place, is by suspicion. So 1712 01:20:34,760 --> 01:20:38,800 Speaker 17: it does go from that to worse for them. Just 1713 01:20:39,000 --> 01:20:43,840 Speaker 17: recently Keir Starmer's told Nigel starma off for exaggerating the 1714 01:20:43,960 --> 01:20:47,000 Speaker 17: problems which are facing Britain. But they really are, on 1715 01:20:47,160 --> 01:20:51,120 Speaker 17: both the economic and the social side of things, pretty immense. 1716 01:20:51,479 --> 01:20:53,160 Speaker 2: You go, well, right, we'll see a Thursday run a 1717 01:20:53,160 --> 01:20:55,160 Speaker 2: little out of Britain if you missed it yesterday. In 1718 01:20:55,200 --> 01:20:57,240 Speaker 2: the last twenty four hours, the UK has also secured 1719 01:20:57,280 --> 01:21:01,320 Speaker 2: ten billion pounds worth of military for the Norwegians to 1720 01:21:01,560 --> 01:21:04,719 Speaker 2: twenty six frigates. So that's the biggest ever warship export 1721 01:21:04,840 --> 01:21:08,640 Speaker 2: deal by value. Also, the bank, the banks had a 1722 01:21:08,680 --> 01:21:11,080 Speaker 2: tough end of the week last week. Remember, of course 1723 01:21:11,080 --> 01:21:13,720 Speaker 2: it's Monday. In that particular part of the world. There 1724 01:21:13,800 --> 01:21:16,639 Speaker 2: was a rumor floating around the Institute for Public Policy 1725 01:21:16,760 --> 01:21:20,840 Speaker 2: Research was arguing publicly that we need a what they 1726 01:21:20,920 --> 01:21:24,000 Speaker 2: call windfall profits, and they saw banks as a nice 1727 01:21:24,080 --> 01:21:27,120 Speaker 2: repository of for profits. In other words, if Reebs is 1728 01:21:27,160 --> 01:21:30,479 Speaker 2: looking for money, how about she goes in taxes the banks, 1729 01:21:31,040 --> 01:21:34,000 Speaker 2: at which point they said she could raise eight billion 1730 01:21:34,040 --> 01:21:36,439 Speaker 2: a year by doing that, and that's pounds, so at 1731 01:21:36,479 --> 01:21:39,160 Speaker 2: which point the shares fell through the floor for fairly 1732 01:21:39,160 --> 01:21:42,439 Speaker 2: obvious reasons. A forty five The like. 1733 01:21:42,520 --> 01:21:46,439 Speaker 1: Asking Breakfast Full Show podcast on I have Radio powered 1734 01:21:46,479 --> 01:21:47,519 Speaker 1: by News Talks at. 1735 01:21:47,400 --> 01:21:52,679 Speaker 2: B I lied the other day on the show. I said, 1736 01:21:52,760 --> 01:21:55,040 Speaker 2: what I forgotten what I called you on the Smeg promotion? 1737 01:21:55,160 --> 01:21:56,920 Speaker 2: What was the little thing we decided it was called 1738 01:21:56,960 --> 01:22:00,760 Speaker 2: the little flat thing that you put it utensil dish. 1739 01:22:01,200 --> 01:22:04,879 Speaker 7: It wasn't a dish, was a cradle or it wasn't. 1740 01:22:04,680 --> 01:22:07,280 Speaker 2: A cradle, no, whatever, it was whatever we decided. I 1741 01:22:07,320 --> 01:22:08,880 Speaker 2: said I had two of them. I've actually got five. 1742 01:22:09,400 --> 01:22:12,800 Speaker 2: I didn't realize. So there was just I know, I 1743 01:22:12,880 --> 01:22:15,799 Speaker 2: was just reading yesterday that the New World in Thornton. 1744 01:22:15,800 --> 01:22:19,439 Speaker 2: It's always Thornton, you know, you know Wellington, you know Thornton. Anyway, 1745 01:22:19,520 --> 01:22:22,040 Speaker 2: there was a frenzy on yesterday because it's coming to 1746 01:22:22,120 --> 01:22:24,880 Speaker 2: an end and they've started running out of some of 1747 01:22:24,920 --> 01:22:26,719 Speaker 2: the stuff, so a lot of people have got stickers. 1748 01:22:26,840 --> 01:22:29,360 Speaker 2: We've still got stickers at home. And we sat down 1749 01:22:29,360 --> 01:22:31,640 Speaker 2: at lunch yesterday and we were talking about this, and 1750 01:22:31,840 --> 01:22:33,679 Speaker 2: that's where I got the revelation that I had five 1751 01:22:33,760 --> 01:22:36,320 Speaker 2: of these utensil things, and we had the big brazier. 1752 01:22:36,360 --> 01:22:39,360 Speaker 2: The big one was was the cast iron brazier. But 1753 01:22:39,479 --> 01:22:41,080 Speaker 2: the problem with the brazier was you had to have 1754 01:22:41,160 --> 01:22:44,559 Speaker 2: all the stickers plus some money, and I fundamentally objected 1755 01:22:44,560 --> 01:22:46,680 Speaker 2: a handing over money. But I objected to it. After 1756 01:22:46,760 --> 01:22:48,640 Speaker 2: apparently we got the braziert home, so that was the 1757 01:22:48,720 --> 01:22:51,360 Speaker 2: end of that. Then there were these many cocots. Is 1758 01:22:51,400 --> 01:22:55,200 Speaker 2: a Cocott's, Yeah, We've got eighty seven of those. And 1759 01:22:55,320 --> 01:22:57,479 Speaker 2: so anyway, we concluded, and this was the problem with 1760 01:22:57,560 --> 01:23:00,640 Speaker 2: our excess stamps. We concluded that this promotion has been 1761 01:23:00,680 --> 01:23:03,840 Speaker 2: a bust. That the best promotion has been the Speak 1762 01:23:03,840 --> 01:23:06,920 Speaker 2: Glarer glasses. And then the second promotion there were some 1763 01:23:07,080 --> 01:23:10,840 Speaker 2: black cookware, black sort of African cookwhear. We decided they 1764 01:23:10,880 --> 01:23:13,000 Speaker 2: were quite good, but the Smeg one hasn't worked. Most 1765 01:23:13,040 --> 01:23:15,400 Speaker 2: of the Smeg stuff. This is Katie, not me. I 1766 01:23:15,600 --> 01:23:17,640 Speaker 2: couldn't care less what it was. All I know is 1767 01:23:17,680 --> 01:23:20,599 Speaker 2: I've got a lot of crockery around the house. She declared. 1768 01:23:20,640 --> 01:23:23,479 Speaker 2: It was hopeless. Anyway, people are starting to get angry. 1769 01:23:24,479 --> 01:23:25,080 Speaker 2: There's not enough. 1770 01:23:25,200 --> 01:23:27,360 Speaker 7: I'll be very angry now. And knowing that you're holding 1771 01:23:27,400 --> 01:23:29,920 Speaker 7: all the well, the senil. 1772 01:23:29,920 --> 01:23:34,400 Speaker 2: Rests utensil rests I have. I'll sell them for first 1773 01:23:34,400 --> 01:23:36,720 Speaker 2: person with nine dollars fifty You have a utensil rest. 1774 01:23:37,520 --> 01:23:39,720 Speaker 2: So the cocots are in short supply. The bakers are 1775 01:23:39,720 --> 01:23:42,200 Speaker 2: in large supply. As for your cast iron brazer. Forget it. 1776 01:23:42,400 --> 01:23:44,639 Speaker 7: When the knives good, didn't everybody love the knives? 1777 01:23:45,040 --> 01:23:45,240 Speaker 17: Yes? 1778 01:23:45,640 --> 01:23:49,080 Speaker 2: The knives were good? So knives? And what did I 1779 01:23:49,080 --> 01:23:50,559 Speaker 2: say was best to speak glug glasses? 1780 01:23:50,760 --> 01:23:52,479 Speaker 7: Who's with the knives with Jamie Olivers? 1781 01:23:52,800 --> 01:23:53,040 Speaker 3: Yes? 1782 01:23:53,880 --> 01:23:56,920 Speaker 2: Yes, And we also got some sorcepans, Master Chef Saucepans. 1783 01:23:57,240 --> 01:23:59,479 Speaker 7: I hang on, We're now somebody trying to claim that 1784 01:23:59,520 --> 01:24:00,560 Speaker 7: they were saves. 1785 01:24:00,680 --> 01:24:02,960 Speaker 2: No, they weren't smack knives. No way, they're not smag. 1786 01:24:03,080 --> 01:24:04,479 Speaker 2: I wouldn't have a snag knife in my house. 1787 01:24:04,560 --> 01:24:05,000 Speaker 9: What are you? 1788 01:24:05,400 --> 01:24:06,240 Speaker 2: I'm having enough trouble. 1789 01:24:06,600 --> 01:24:08,360 Speaker 7: We've got there from two sources, now that they were 1790 01:24:08,400 --> 01:24:08,880 Speaker 7: snag nocked. 1791 01:24:08,920 --> 01:24:10,200 Speaker 2: Now I don't have two sources. What do you mean 1792 01:24:10,240 --> 01:24:13,080 Speaker 2: two source pans. It's getting confusing anyway, it's two your prices. 1793 01:24:13,120 --> 01:24:15,360 Speaker 7: Oh, I need to I need to rest have one 1794 01:24:15,400 --> 01:24:17,000 Speaker 7: of those risks up shots. 1795 01:24:17,920 --> 01:24:22,240 Speaker 2: We have declared the smeg closed. Boring, stupid come up 1796 01:24:22,280 --> 01:24:22,559 Speaker 2: with something. 1797 01:24:22,720 --> 01:24:25,960 Speaker 7: Oh, it's easy for you to say, mister, you took 1798 01:24:26,000 --> 01:24:28,839 Speaker 7: about three pairs ray, Now what about five rest Tsking 1799 01:24:30,040 --> 01:24:31,559 Speaker 7: nine to nine, the. 1800 01:24:31,720 --> 01:24:36,320 Speaker 1: Mic Hosking Breakfast with Vita, Retirement, Communities, News Togs dead. 1801 01:24:36,200 --> 01:24:38,040 Speaker 2: B Now let me let me let you in on 1802 01:24:38,120 --> 01:24:40,639 Speaker 2: this most hearing test. Right, they're a quick fifteen minute 1803 01:24:40,680 --> 01:24:42,840 Speaker 2: screening in and out and you don't learn a lot. 1804 01:24:42,920 --> 01:24:45,320 Speaker 2: But Resonate Health they're doing it differently and this is 1805 01:24:45,360 --> 01:24:47,439 Speaker 2: the good news. So they created what they call EAR 1806 01:24:47,600 --> 01:24:51,080 Speaker 2: three sixty. It's a premium, in depth assessment that looks 1807 01:24:51,120 --> 01:24:54,000 Speaker 2: at you're hearing, your lifestyle, your health, not a last 1808 01:24:54,040 --> 01:24:56,000 Speaker 2: leader to save you some sort of hearing aid. It's 1809 01:24:56,000 --> 01:24:58,120 Speaker 2: a full picture, not just to tick the box exercise. 1810 01:24:58,160 --> 01:25:01,920 Speaker 2: So find out for yourself by visiting resonatehealth dot co 1811 01:25:02,000 --> 01:25:04,320 Speaker 2: dot NZ. You got that resonatehealth dot co dot z 1812 01:25:04,840 --> 01:25:08,400 Speaker 2: special offer call eight hundred Resonate for the deal eight 1813 01:25:08,479 --> 01:25:10,720 Speaker 2: hundred Resonate and if you call today mentioned that Mike 1814 01:25:10,800 --> 01:25:13,479 Speaker 2: sent you. That's me. Are you get fifty percent off 1815 01:25:13,520 --> 01:25:16,360 Speaker 2: your EAR three to sixty assessment? Fifty percent five oh 1816 01:25:16,400 --> 01:25:20,000 Speaker 2: percent So Resonators one hundred percent New Zealand owned it's 1817 01:25:20,040 --> 01:25:22,439 Speaker 2: turned hearing care on its head. Instead of thousands of 1818 01:25:22,520 --> 01:25:24,760 Speaker 2: upfront and you know dollars, it's a very simple hearing 1819 01:25:24,760 --> 01:25:27,559 Speaker 2: aid subscription ninety dollars a month for top of the range. 1820 01:25:27,600 --> 01:25:30,320 Speaker 2: Hearing aids are ongoing support and care included. No surprise, 1821 01:25:30,320 --> 01:25:32,640 Speaker 2: there's no head in extras. It's the transparent care that 1822 01:25:32,720 --> 01:25:35,320 Speaker 2: you deserve. So it's affordable, it's accessible, it's transparent. So 1823 01:25:35,640 --> 01:25:39,360 Speaker 2: that's the future of hearing care in this country. Eight 1824 01:25:39,520 --> 01:25:43,800 Speaker 2: hundred resonate which is eight hundred seven three seven sixty 1825 01:25:43,840 --> 01:25:47,680 Speaker 2: six y two and tell them a centure. Asking by 1826 01:25:47,720 --> 01:25:48,920 Speaker 2: the way, if you've got something to do for the 1827 01:25:48,960 --> 01:25:53,240 Speaker 2: school holidays. Supercar Show dot co dot Nz. Supercar Show 1828 01:25:53,320 --> 01:25:55,639 Speaker 2: dot co dot Nz. This is Giltraps again. They're raising 1829 01:25:55,680 --> 01:25:58,639 Speaker 2: money for Starship and they've done it for three years, 1830 01:25:58,680 --> 01:26:00,120 Speaker 2: could be for I can't remember how many year, but 1831 01:26:00,160 --> 01:26:01,840 Speaker 2: they've been doing it for years. And the cars they've 1832 01:26:01,840 --> 01:26:03,680 Speaker 2: got this year worth over one hundred million dollars worth 1833 01:26:03,720 --> 01:26:06,519 Speaker 2: of cars. You've got some Eston Martin Valkyries, got a 1834 01:26:06,560 --> 01:26:08,960 Speaker 2: sixty four Lamborghini four hundred GT. You got the only 1835 01:26:09,080 --> 01:26:13,040 Speaker 2: Ferrari SF ninety xx in the country, and you've got 1836 01:26:13,120 --> 01:26:17,479 Speaker 2: Brendan Hartley's twenty eighteen Toro Rosso Formula one car. So 1837 01:26:17,560 --> 01:26:19,560 Speaker 2: if you've never seen a recent Formula one car in 1838 01:26:19,720 --> 01:26:22,880 Speaker 2: the flesh, this is at Supercar Show dot co dot z. 1839 01:26:22,920 --> 01:26:24,479 Speaker 2: It's about twenty five bucks to get in. All the 1840 01:26:24,520 --> 01:26:26,519 Speaker 2: money Anyway goes to charity five to nine. 1841 01:26:26,920 --> 01:26:32,200 Speaker 3: Trending now with Chemist War's Great Savings every Day. 1842 01:26:32,200 --> 01:26:34,599 Speaker 2: House of Guinness. It's a new series from the creator 1843 01:26:34,600 --> 01:26:36,640 Speaker 2: of Peaky Blinders. He's a good guy. Actually he's in 1844 01:26:36,760 --> 01:26:40,120 Speaker 2: the Tom Brady Birmingham Football think. He's a big fan 1845 01:26:40,160 --> 01:26:42,160 Speaker 2: of Boomingham. Anyway tells the story of the Guinness family, 1846 01:26:42,880 --> 01:26:45,439 Speaker 2: the future of the brewery after the death of Benjamin Guinness, 1847 01:26:45,600 --> 01:26:47,360 Speaker 2: and the fight for his kids. BA you've heard all 1848 01:26:47,400 --> 01:26:49,400 Speaker 2: this before. It's succession, but with a brewery. 1849 01:26:49,200 --> 01:26:54,400 Speaker 3: Dearly beloved, we are gathered here today to mourn the 1850 01:26:54,479 --> 01:27:00,120 Speaker 3: death of a man who brought peace and prosperity to 1851 01:27:00,200 --> 01:27:01,080 Speaker 3: the people of Doublin. 1852 01:27:01,240 --> 01:27:03,920 Speaker 4: Hi, Sir Benjamin Lee Guinness, hereby give all my brewery 1853 01:27:04,040 --> 01:27:08,280 Speaker 4: concerns to my two sons, Edward and Arthur, jointly and equally. 1854 01:27:08,560 --> 01:27:11,519 Speaker 3: The death of your father has served two pog a 1855 01:27:11,640 --> 01:27:12,479 Speaker 3: stick in the horn. 1856 01:27:12,520 --> 01:27:13,160 Speaker 6: It's nurse. 1857 01:27:14,680 --> 01:27:17,000 Speaker 2: Behind a week and divided. 1858 01:27:17,640 --> 01:27:22,040 Speaker 3: Now is the time that week the black. 1859 01:27:21,920 --> 01:27:28,280 Speaker 16: Flag of Guinness in American style, which men attract clever women. 1860 01:27:30,040 --> 01:27:33,559 Speaker 3: Spas mayor and love is our hope. 1861 01:27:34,240 --> 01:27:36,559 Speaker 2: James Norton is your biggest name in that particular. One 1862 01:27:36,800 --> 01:27:41,519 Speaker 2: September twenty five, on Netflix, they were Smig knives. Sam 1863 01:27:41,640 --> 01:27:44,720 Speaker 2: was right. I was wrong. By apologies, Sam sold the 1864 01:27:44,880 --> 01:27:48,080 Speaker 2: he got this mid block and he stuck it on trade. 1865 01:27:48,160 --> 01:27:52,640 Speaker 2: He got to eighty nodge hed. I mean that was 1866 01:27:53,040 --> 01:27:56,040 Speaker 2: you should be ashamed of it, taking three stuff and 1867 01:27:56,200 --> 01:27:57,800 Speaker 2: selling it on trade. Mat you reckon. 1868 01:27:57,880 --> 01:27:59,800 Speaker 7: That comes close to how much extra he had to 1869 01:27:59,800 --> 01:28:01,679 Speaker 7: pay in the first place to get the knives. 1870 01:28:02,320 --> 01:28:04,080 Speaker 2: Don't tell them that it's time. Agin An upset him. 1871 01:28:06,200 --> 01:28:08,640 Speaker 2: Last sip of lemon water and then I'll be on 1872 01:28:08,760 --> 01:28:13,200 Speaker 2: my way. We'll look to reconvene sometime around six o'clock 1873 01:28:13,200 --> 01:28:14,880 Speaker 2: tomorrow morning, as we always. Happy days. 1874 01:28:27,880 --> 01:28:30,760 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1875 01:28:30,880 --> 01:28:33,960 Speaker 1: news talks that'd be from six am weekdays, or follow 1876 01:28:34,000 --> 01:28:35,520 Speaker 1: the podcast on iHeartRadio