1 00:00:00,320 --> 00:00:04,240 Speaker 1: New Zealand's home for trusted news and views. The Mike 2 00:00:04,360 --> 00:00:08,640 Speaker 1: Hosking breakfasts with Rainthrover, leading by example, news Togs Dead 3 00:00:08,680 --> 00:00:09,560 Speaker 1: b Olly, You're welcome. 4 00:00:09,600 --> 00:00:12,760 Speaker 2: Good news on teachers. Enrollments are booming. We've picked a 5 00:00:12,760 --> 00:00:15,560 Speaker 2: ferry company for the unter Islanders. Garage Project be a 6 00:00:15,640 --> 00:00:18,280 Speaker 2: have save Fortune Favors. Dave Ferguson you'll like and he's 7 00:00:18,280 --> 00:00:21,040 Speaker 2: a Kiwi. He's at the cutting edge of robotic driving 8 00:00:21,040 --> 00:00:23,439 Speaker 2: in San Francisco. He's with US. Katherine Field as the 9 00:00:23,480 --> 00:00:25,640 Speaker 2: EU and Roder Liddle does Great Britain. 10 00:00:25,320 --> 00:00:26,960 Speaker 1: For US Coscy. 11 00:00:27,080 --> 00:00:29,520 Speaker 2: Welcome to Thursday seven past six. Very good news for 12 00:00:29,520 --> 00:00:31,760 Speaker 2: Fortune Favors. If you missed this, the Beer News Garage 13 00:00:31,760 --> 00:00:34,200 Speaker 2: Project has come to the rescue Fortune Favors. Well known 14 00:00:34,280 --> 00:00:37,280 Speaker 2: beer maker fell over last week. Prices up, sales down, 15 00:00:37,280 --> 00:00:40,720 Speaker 2: economy tight, jobs lost. It's the old hospo or retail 16 00:00:40,840 --> 00:00:43,239 Speaker 2: story or is it? I mean, how much of the 17 00:00:43,240 --> 00:00:45,640 Speaker 2: story behind the headline is about the actual business. This 18 00:00:45,760 --> 00:00:48,200 Speaker 2: is my increasing fascination at the moment. How can Garage 19 00:00:48,240 --> 00:00:51,320 Speaker 2: Project make something that wasn't working work. They've got the 20 00:00:51,320 --> 00:00:54,040 Speaker 2: same costs, same beer, same punters. Ben Bailey and the 21 00:00:54,080 --> 00:00:56,319 Speaker 2: studio just a couple of days ago, expanding. How can 22 00:00:56,360 --> 00:00:58,440 Speaker 2: you expand in hospit for goodness sake? Well he can, 23 00:00:58,520 --> 00:01:01,000 Speaker 2: he does. He's bullish, he argues, you do it right, 24 00:01:01,040 --> 00:01:03,280 Speaker 2: you will succeed. I believe them. How can you not 25 00:01:03,440 --> 00:01:06,399 Speaker 2: look at his record? Garage Project ironically a linked to 26 00:01:06,400 --> 00:01:09,160 Speaker 2: Bailey and his new Wellington Pavilion business opening in Oriental 27 00:01:09,200 --> 00:01:13,759 Speaker 2: Parade next year. Are there awkward questions around fortune favors? 28 00:01:13,800 --> 00:01:16,120 Speaker 2: I mean, is it not the industry but the specifics 29 00:01:16,120 --> 00:01:17,880 Speaker 2: of the operation at player? I mean, were they not 30 00:01:17,920 --> 00:01:20,080 Speaker 2: to put too fine a point on it? Simply not 31 00:01:20,200 --> 00:01:22,759 Speaker 2: good enough? How come Smith's cities in trouble but other 32 00:01:22,800 --> 00:01:25,160 Speaker 2: furniture players aren't. Is it a niche in the market? 33 00:01:25,480 --> 00:01:27,720 Speaker 2: Is it location? Is at debt? Is its service? Is 34 00:01:27,720 --> 00:01:29,759 Speaker 2: it top down leadership? Is it luck? Is it all 35 00:01:29,800 --> 00:01:32,720 Speaker 2: of those things? Will Garage Project use their bank balance 36 00:01:32,720 --> 00:01:35,000 Speaker 2: simply to tread water until better days arrived? Is that 37 00:01:35,080 --> 00:01:38,119 Speaker 2: how the government's thirty million dollar loan program to regional 38 00:01:38,160 --> 00:01:41,000 Speaker 2: airlines work. Keep the wolf from the door until the 39 00:01:41,040 --> 00:01:43,920 Speaker 2: growth returns, and then the rising tide basically lifts everybody. 40 00:01:44,160 --> 00:01:47,120 Speaker 2: Did Garage Project see an opportunity? Or is this ultruism. 41 00:01:47,200 --> 00:01:48,880 Speaker 2: They simply want to save some beer and a brand. 42 00:01:49,120 --> 00:01:52,280 Speaker 2: How much risk is involved? These, to me are fascinating questions. 43 00:01:52,400 --> 00:01:55,840 Speaker 2: There's no doubt we're at the bottom of this business cycle, 44 00:01:55,880 --> 00:01:58,920 Speaker 2: this economic cycle, and what an ugly cycle it's been, 45 00:01:59,040 --> 00:02:01,120 Speaker 2: and through it many have not survived, of course, But 46 00:02:01,160 --> 00:02:04,639 Speaker 2: how much of it was ever about the economy versus 47 00:02:04,640 --> 00:02:06,840 Speaker 2: how much of it was about wrong place, wrong time, 48 00:02:06,920 --> 00:02:11,080 Speaker 2: bad practice, lack of expertise. Obviously we love an entrepreneur 49 00:02:11,200 --> 00:02:14,560 Speaker 2: and we wish everyone well, but success is clearly about 50 00:02:14,600 --> 00:02:17,400 Speaker 2: more than a nice idea and self employment. Maybe risk 51 00:02:17,520 --> 00:02:21,359 Speaker 2: and startups are really about some pretty exceptional people who, 52 00:02:21,360 --> 00:02:23,480 Speaker 2: if you can survive what we've gone through, need a 53 00:02:23,480 --> 00:02:25,080 Speaker 2: lot more recognition than they get. 54 00:02:27,200 --> 00:02:30,079 Speaker 1: News of the world in ninety seconds begin. 55 00:02:29,880 --> 00:02:32,000 Speaker 2: At the White House, where we have witnessed another yellow 56 00:02:32,080 --> 00:02:35,360 Speaker 2: Chair's day and a flyover the guests the Polish President. 57 00:02:35,400 --> 00:02:37,320 Speaker 2: It was a missing man fly of the formation by 58 00:02:37,320 --> 00:02:39,400 Speaker 2: the way to honor a Polish pilot killed recently. 59 00:02:39,600 --> 00:02:44,680 Speaker 1: He dated he lost to child burd So it was 60 00:02:44,720 --> 00:02:45,400 Speaker 1: a great. 61 00:02:46,880 --> 00:02:50,639 Speaker 3: Drudged who was a legend in Poland, actually a legend 62 00:02:50,639 --> 00:02:53,720 Speaker 3: as a pilot. He was an incredible pilot, and I 63 00:02:53,720 --> 00:02:55,359 Speaker 3: think he went to the Air Force Academy. 64 00:02:55,400 --> 00:03:00,000 Speaker 2: Actually there was It's like he was his best friend. 65 00:03:00,520 --> 00:03:02,200 Speaker 2: There was interest, of course, in what the Trumps to 66 00:03:02,280 --> 00:03:03,079 Speaker 2: thought of yesterday. 67 00:03:03,120 --> 00:03:04,920 Speaker 3: I thought it was a beautiful ceremony. I thought it 68 00:03:04,960 --> 00:03:08,120 Speaker 3: was very, very impressive. But I understood the reason they 69 00:03:08,120 --> 00:03:10,280 Speaker 3: were doing it, and they were hoping. I was watching, 70 00:03:10,320 --> 00:03:13,960 Speaker 3: and I was watching. My relationship with all of them 71 00:03:14,040 --> 00:03:16,040 Speaker 3: is very good. We're going to find out how good 72 00:03:16,080 --> 00:03:17,040 Speaker 3: it is over the next. 73 00:03:16,919 --> 00:03:17,480 Speaker 4: Week or two. 74 00:03:17,720 --> 00:03:20,839 Speaker 2: Related matters. Caul of Epstein Papers also dropped. Trump calls 75 00:03:20,840 --> 00:03:23,359 Speaker 2: them an abstraction, but some of the Epstein accusers, of course, 76 00:03:23,400 --> 00:03:24,200 Speaker 2: don't see it that way. 77 00:03:24,360 --> 00:03:26,480 Speaker 5: We are not going away, we are not going to 78 00:03:26,480 --> 00:03:28,040 Speaker 5: be quiet, and we are not going to give up. 79 00:03:28,560 --> 00:03:32,440 Speaker 5: And I ask the American public to stand with us and. 80 00:03:32,360 --> 00:03:32,960 Speaker 6: Not give up. 81 00:03:33,080 --> 00:03:35,760 Speaker 2: And then in Britain, wells turned very bad overnight for 82 00:03:35,800 --> 00:03:39,200 Speaker 2: three pairs. Rahna Angela has admitted she didn't pay that tax, 83 00:03:39,240 --> 00:03:40,920 Speaker 2: the right tax on the houses, which makes it a 84 00:03:41,000 --> 00:03:42,440 Speaker 2: hypocrite of course, and the knives are out. 85 00:03:42,760 --> 00:03:45,400 Speaker 7: I remember when the Prime Minister said the tax evasion 86 00:03:45,480 --> 00:03:47,200 Speaker 7: is a criminal offense and should be. 87 00:03:47,120 --> 00:03:49,040 Speaker 8: Treated as all other fraud if. 88 00:03:48,880 --> 00:03:50,640 Speaker 7: He had a backbone, he would suck her. 89 00:03:52,000 --> 00:03:54,200 Speaker 2: That's the Tories reformer on that bandwagon. 90 00:03:54,320 --> 00:03:59,200 Speaker 9: She was so vocal in attacking opposing politicians when she 91 00:03:59,320 --> 00:04:00,000 Speaker 9: was in opposition. 92 00:04:00,680 --> 00:04:02,160 Speaker 2: But she can't stand up. 93 00:04:02,080 --> 00:04:04,200 Speaker 9: And say I'm the biggest typocrite in the land. She 94 00:04:04,280 --> 00:04:06,680 Speaker 9: has to offer her resignation to the Prime Minister. 95 00:04:06,920 --> 00:04:09,160 Speaker 2: As for Old Ange, it's complicated. 96 00:04:09,200 --> 00:04:12,120 Speaker 10: Apparently, when I'm looking after the children, I go back 97 00:04:12,160 --> 00:04:14,400 Speaker 10: to the family home, and then when my ex husband 98 00:04:14,520 --> 00:04:16,160 Speaker 10: is looking after the children he does. And it was 99 00:04:16,200 --> 00:04:20,880 Speaker 10: done primarily to support my son with his additional needs 100 00:04:20,880 --> 00:04:23,600 Speaker 10: and to provide stability for them during the divorce. 101 00:04:24,000 --> 00:04:26,240 Speaker 2: We will be going to rod later. Of course. Finally, 102 00:04:26,480 --> 00:04:29,200 Speaker 2: watch the scope here shaped FIFA I have announced that 103 00:04:29,200 --> 00:04:31,160 Speaker 2: the World Cup tickets will be sold for the first 104 00:04:31,160 --> 00:04:34,880 Speaker 2: time using dynamic pricing. In a nutshell, prices are linked 105 00:04:34,920 --> 00:04:36,720 Speaker 2: to demand. Of course, anyone who's been in a que 106 00:04:36,760 --> 00:04:38,599 Speaker 2: at ticket laster at two in the morning, New Zealand 107 00:04:38,600 --> 00:04:41,120 Speaker 2: time for a river make entire continent medicines where Garden 108 00:04:41,160 --> 00:04:43,280 Speaker 2: knows how this works, but I dug this. Currently, the 109 00:04:43,360 --> 00:04:45,600 Speaker 2: cheapest tickets for anyone game will be one hundred and 110 00:04:45,600 --> 00:04:47,960 Speaker 2: two dollars. The most expensive of the final will start 111 00:04:48,200 --> 00:04:51,200 Speaker 2: start at eleven thousand, four hundred, So good luck. Maybe 112 00:04:51,240 --> 00:04:52,840 Speaker 2: try a be a go go. They should be able 113 00:04:52,839 --> 00:04:56,200 Speaker 2: to help it. Asks of the World and ninety seconds 114 00:04:56,680 --> 00:04:59,600 Speaker 2: Australian GDP jealous and good News jealous because they're better 115 00:04:59,640 --> 00:05:01,839 Speaker 2: than we are in good News because they're a trading partner. 116 00:05:01,880 --> 00:05:04,159 Speaker 2: But Andrew will be the numbers in a moment, not 117 00:05:04,320 --> 00:05:07,320 Speaker 2: just Rainer, but Reeves has got eight. If you're following 118 00:05:07,360 --> 00:05:09,400 Speaker 2: the bond market, if you're not following the bond market, 119 00:05:09,480 --> 00:05:13,279 Speaker 2: start following the bond market. The UK's a basket case, 120 00:05:13,360 --> 00:05:15,479 Speaker 2: the whole world's basket case, but the UK's of particular 121 00:05:15,520 --> 00:05:18,440 Speaker 2: basket case. Japan overnights proved to be a problem. How 122 00:05:18,480 --> 00:05:20,600 Speaker 2: does Reeves balance all of this up? She's announced to 123 00:05:20,640 --> 00:05:25,359 Speaker 2: autumn budget date November twenty six. I suspect shall be 124 00:05:25,440 --> 00:05:27,240 Speaker 2: dreading it twelve past six. 125 00:05:29,000 --> 00:05:33,720 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio Power 126 00:05:33,880 --> 00:05:34,920 Speaker 1: by News Talk Zippy. 127 00:05:37,040 --> 00:05:38,880 Speaker 2: It's turn Pear Shape and Thailand. Mind you, it was 128 00:05:38,920 --> 00:05:41,040 Speaker 2: always going to so Shinawatra got thrown out over the 129 00:05:41,040 --> 00:05:43,080 Speaker 2: weekend by the courts. The bloke who's been running the 130 00:05:43,080 --> 00:05:44,880 Speaker 2: place since then, so it's only been a couple of days. 131 00:05:44,880 --> 00:05:48,040 Speaker 2: He submitted a petition yesterday to dissolve parliament because the 132 00:05:48,040 --> 00:05:50,440 Speaker 2: opposition back to rival candidates, so they send that off 133 00:05:50,480 --> 00:05:52,720 Speaker 2: to the Royals. The Royals will either tick that off 134 00:05:52,760 --> 00:05:54,480 Speaker 2: and then it's all on I assume. So what's the 135 00:05:54,560 --> 00:05:58,800 Speaker 2: space fifteen past six from JUA while Pandrew Keller have 136 00:05:58,960 --> 00:06:02,240 Speaker 2: good morning, very good morning. Make so better than they thought? 137 00:06:02,279 --> 00:06:05,240 Speaker 11: Ah yeah, yeah. So we have been spending a little 138 00:06:05,240 --> 00:06:07,400 Speaker 11: bit of time looking across the TASM this week, and 139 00:06:07,480 --> 00:06:10,520 Speaker 11: I think yesterday delivered good news. I mean, it's one 140 00:06:10,520 --> 00:06:13,000 Speaker 11: of our largest trading partners as being Australia of course, 141 00:06:13,080 --> 00:06:16,200 Speaker 11: and they just reported better than expected growth in the 142 00:06:16,360 --> 00:06:19,479 Speaker 11: June quarter. So June quarter growth is printed at zero 143 00:06:19,520 --> 00:06:22,000 Speaker 11: point six percent quarter on quarter. Annually they're at one 144 00:06:22,000 --> 00:06:26,520 Speaker 11: point eight percent. Market expectations were setting a tad lower 145 00:06:27,040 --> 00:06:29,080 Speaker 11: zero point five percent for the quarter, but there were 146 00:06:29,120 --> 00:06:32,320 Speaker 11: plenty of pundits around zero point four and the year 147 00:06:32,320 --> 00:06:34,400 Speaker 11: on year expectations at one point six. So it's a 148 00:06:34,440 --> 00:06:37,240 Speaker 11: definite beat. And I was supposed to put this into 149 00:06:37,279 --> 00:06:39,320 Speaker 11: a little bit of context here, Mike. There was a 150 00:06:39,560 --> 00:06:42,120 Speaker 11: do you remember all the hand ringing earlier this year 151 00:06:42,160 --> 00:06:45,320 Speaker 11: when growth for the first quarter was reported at zero 152 00:06:45,440 --> 00:06:47,840 Speaker 11: point two percent, it was revised up yes day to 153 00:06:47,920 --> 00:06:50,479 Speaker 11: zero point three percent. And one thing the Aussies have 154 00:06:50,560 --> 00:06:53,440 Speaker 11: been very good at over the last few decades is 155 00:06:53,480 --> 00:06:56,800 Speaker 11: avoiding recessions, and zero point two percent was just too 156 00:06:56,800 --> 00:06:59,520 Speaker 11: close to zero for comfort. So they've got a long 157 00:06:59,560 --> 00:07:04,000 Speaker 11: record of robust growth growth. That six percent and one 158 00:07:04,000 --> 00:07:06,440 Speaker 11: point eight for the year is still below their historic trend, 159 00:07:06,480 --> 00:07:08,880 Speaker 11: but look, some aspects of the result are encouraging. So 160 00:07:09,080 --> 00:07:11,680 Speaker 11: the lifting growth was assisted, You could even say it 161 00:07:11,720 --> 00:07:15,080 Speaker 11: was driven by a zero put nine percent quart from 162 00:07:15,160 --> 00:07:18,880 Speaker 11: quarter increase in household consumption, and that was the surprise 163 00:07:18,920 --> 00:07:21,800 Speaker 11: for many of the Australian economists. And the other feature 164 00:07:21,840 --> 00:07:23,520 Speaker 11: that I think we've talked about Mike quite a bit 165 00:07:23,600 --> 00:07:25,640 Speaker 11: is the role of central governments in Australia. The government 166 00:07:25,680 --> 00:07:28,200 Speaker 11: has taken quite a different stance from the government here. 167 00:07:28,200 --> 00:07:31,000 Speaker 11: They've been spending now that impulse is now sort of 168 00:07:31,040 --> 00:07:34,640 Speaker 11: some evidence that impulse is now diminishing now. Some of 169 00:07:34,680 --> 00:07:38,880 Speaker 11: the lifting household spending can be attributed to highest spending 170 00:07:38,880 --> 00:07:41,640 Speaker 11: on discretionary services. And there was a little there was 171 00:07:41,680 --> 00:07:44,040 Speaker 11: a little I suppose there was a little not a glitch, 172 00:07:44,040 --> 00:07:46,040 Speaker 11: a little anomaly this year, and that the Easter and 173 00:07:46,080 --> 00:07:48,960 Speaker 11: the Anzac Day holidays were very close together this year, 174 00:07:49,200 --> 00:07:51,000 Speaker 11: so people went on a holiday and they made the 175 00:07:51,000 --> 00:07:53,680 Speaker 11: holidays longer because they could whack the two of them together. 176 00:07:53,920 --> 00:07:58,200 Speaker 11: So you get extra spending on hospitality accommodation. So all 177 00:07:58,200 --> 00:07:59,920 Speaker 11: in all, you've got a firmer picture of the Australians. 178 00:08:01,000 --> 00:08:03,360 Speaker 11: You've got evidence of a private sector recovery. I think 179 00:08:03,400 --> 00:08:06,080 Speaker 11: that's recovering a little bit of a warning flag around 180 00:08:06,120 --> 00:08:07,520 Speaker 11: private investment. 181 00:08:07,040 --> 00:08:08,040 Speaker 12: That was quite flat. 182 00:08:08,760 --> 00:08:11,560 Speaker 11: It certainly didn't help the Aussie share market yesterday Mike 183 00:08:11,600 --> 00:08:13,480 Speaker 11: though the a Sex two hundred and found one point 184 00:08:13,560 --> 00:08:16,840 Speaker 11: eight percent. That's a big fall. That's the biggest since April. 185 00:08:17,360 --> 00:08:19,440 Speaker 11: And that they've got quite a few interest rate sensitive 186 00:08:19,480 --> 00:08:21,720 Speaker 11: stops over there so you get better growth. It brings 187 00:08:21,800 --> 00:08:24,080 Speaker 11: into question some of those rate cuts and their tech 188 00:08:24,120 --> 00:08:26,240 Speaker 11: sector under a bit of pressure yes day zero actually 189 00:08:26,440 --> 00:08:27,640 Speaker 11: down six point two percent. 190 00:08:27,760 --> 00:08:29,920 Speaker 2: All right, good stuff. Now tell me about gold is 191 00:08:30,600 --> 00:08:32,160 Speaker 2: are we just freaking out? Is it all? 192 00:08:32,240 --> 00:08:32,560 Speaker 6: That is? 193 00:08:32,600 --> 00:08:33,280 Speaker 2: The flight on? 194 00:08:34,440 --> 00:08:36,199 Speaker 11: Well, look it's a bit of a I suppose it's 195 00:08:36,200 --> 00:08:38,280 Speaker 11: a bit of investment one oh one. This morning, we've 196 00:08:38,320 --> 00:08:40,439 Speaker 11: been talking about gold heading all time highs. That's done 197 00:08:40,440 --> 00:08:44,040 Speaker 11: that again overnight, three thousand, five hundred and seventy one 198 00:08:44,160 --> 00:08:46,559 Speaker 11: dollars the last time US dollars the last time I 199 00:08:46,600 --> 00:08:49,520 Speaker 11: looked at it. Now, just to put this into context 200 00:08:49,520 --> 00:08:51,720 Speaker 11: as well, gold is now at close to thirty percent 201 00:08:51,800 --> 00:08:55,280 Speaker 11: so far this year, and over forty three percent over 202 00:08:55,280 --> 00:08:56,080 Speaker 11: the last twelve months. 203 00:08:56,080 --> 00:08:57,280 Speaker 2: They're very substantial lift. 204 00:08:57,320 --> 00:08:59,599 Speaker 11: And now you often hear gold referred to as this 205 00:08:59,640 --> 00:09:02,560 Speaker 11: sort of haven asset, which means that when investors get 206 00:09:02,600 --> 00:09:05,120 Speaker 11: worried about well, the whole range of things, they look 207 00:09:05,160 --> 00:09:07,200 Speaker 11: towards gold. And there are a range of issues at 208 00:09:07,240 --> 00:09:09,600 Speaker 11: the moment, and one of the things is we have 209 00:09:09,679 --> 00:09:12,600 Speaker 11: this possibility of a lower US FED funds rate. Now, 210 00:09:12,679 --> 00:09:15,480 Speaker 11: when you get when you get lower interest rates, it 211 00:09:15,559 --> 00:09:20,120 Speaker 11: reduces the funding cost of holding gold, or looking at 212 00:09:20,160 --> 00:09:22,880 Speaker 11: another way, it reduces the opportunity cost because gold doesn't 213 00:09:22,920 --> 00:09:24,679 Speaker 11: give you any income. I mean, if you own it, it 214 00:09:24,760 --> 00:09:26,840 Speaker 11: just sits there and if you've got to store it 215 00:09:26,880 --> 00:09:29,840 Speaker 11: even costs you money. So lower interest rates actually makes 216 00:09:29,840 --> 00:09:32,880 Speaker 11: that less of a problem. There's also other safe haven 217 00:09:32,960 --> 00:09:36,160 Speaker 11: fears coming from a whole range of different perceptions. You 218 00:09:36,240 --> 00:09:39,160 Speaker 11: just refer to global bond markets. They're being rattled by 219 00:09:39,280 --> 00:09:42,480 Speaker 11: prospects of rapidly rising fiscal deficits. 220 00:09:42,520 --> 00:09:43,440 Speaker 2: To think of the US and. 221 00:09:43,440 --> 00:09:47,280 Speaker 11: The UK, that gets people worried share market valuations, Mike. 222 00:09:47,360 --> 00:09:49,000 Speaker 11: If I look at the US, they're getting a little 223 00:09:49,000 --> 00:09:52,320 Speaker 11: bit frothy, and we can't go past that ever present 224 00:09:52,640 --> 00:09:55,400 Speaker 11: the prevalent geopolitical risk. So there's lots of things there. 225 00:09:56,120 --> 00:09:56,400 Speaker 6: Also. 226 00:09:56,400 --> 00:09:58,120 Speaker 11: The other thing is, Mike, is that it's now a 227 00:09:58,120 --> 00:10:00,800 Speaker 11: lot easier for people to part to pate and things 228 00:10:00,880 --> 00:10:03,959 Speaker 11: like gold, because you've got this exchange traded funds where 229 00:10:04,000 --> 00:10:06,120 Speaker 11: you can any retail investor can just go and buy 230 00:10:06,160 --> 00:10:08,559 Speaker 11: some gold, buy an ETF. And of course the more 231 00:10:08,559 --> 00:10:11,000 Speaker 11: ETF you've got, the easier it is, the more of 232 00:10:11,040 --> 00:10:12,640 Speaker 11: them are out buying gold. So who it all becomes 233 00:10:12,679 --> 00:10:15,760 Speaker 11: sort of quite self perpetuating. Really, it's not just gold though, 234 00:10:15,800 --> 00:10:18,720 Speaker 11: silver If you want a bit of silver, Silver's up 235 00:10:18,800 --> 00:10:21,559 Speaker 11: forty three percent since the start of this year. So 236 00:10:21,640 --> 00:10:24,000 Speaker 11: the commodities it was, they're going off, Mike, they're just 237 00:10:24,040 --> 00:10:24,480 Speaker 11: going off. 238 00:10:24,720 --> 00:10:26,839 Speaker 2: I polish mine, but that's for another day. 239 00:10:27,040 --> 00:10:29,840 Speaker 11: On what are the numbers, Well, the Dow Jones under 240 00:10:29,840 --> 00:10:32,160 Speaker 11: a little bit of pressure. It's up down two hundred 241 00:10:32,160 --> 00:10:34,400 Speaker 11: and thirty points as I look at it, just over 242 00:10:34,440 --> 00:10:37,360 Speaker 11: half percent forty five thousand and fifty six. The S 243 00:10:37,400 --> 00:10:39,920 Speaker 11: and P five hundred was a bit stronger earlier on. 244 00:10:39,960 --> 00:10:41,840 Speaker 11: It's now weakened off a little bit, but it sort 245 00:10:41,840 --> 00:10:44,160 Speaker 11: of flats up five points sixty four to two oh 246 00:10:44,360 --> 00:10:47,400 Speaker 11: and the Nazdak up one hundred and twenty three points 247 00:10:47,559 --> 00:10:50,760 Speaker 11: point five eight percent twenty one thousand, four hundred and 248 00:10:50,760 --> 00:10:54,160 Speaker 11: three overnight. The forty one hundred gained two thirds of 249 00:10:54,160 --> 00:10:57,160 Speaker 11: a percent nine one seven eight. The Nicka was down 250 00:10:57,200 --> 00:11:00,360 Speaker 11: zero point eight eight percent four one nine three nine. 251 00:11:00,400 --> 00:11:03,000 Speaker 11: The clothes there, the Shanghai comps it down just over 252 00:11:03,080 --> 00:11:04,839 Speaker 11: one percent three eight one three. As I said, the 253 00:11:04,880 --> 00:11:07,400 Speaker 11: Aussie has had a shoker down one point eight two 254 00:11:07,440 --> 00:11:11,040 Speaker 11: percent yesterday eight seven three eight, and we went down 255 00:11:11,040 --> 00:11:13,120 Speaker 11: a little bit in sympathy. We were down point four 256 00:11:13,200 --> 00:11:15,800 Speaker 11: to four of a percent thirteen zero and seventy four. 257 00:11:15,840 --> 00:11:17,160 Speaker 2: The close on the inseets. 258 00:11:16,800 --> 00:11:20,079 Speaker 11: Fifty five et seven nine. That's the Kiwi dollar against 259 00:11:20,080 --> 00:11:22,200 Speaker 11: the US and the wholesale markets point eight nine seven 260 00:11:22,280 --> 00:11:25,280 Speaker 11: seven OZI point five three eight against the euro point 261 00:11:25,280 --> 00:11:28,040 Speaker 11: four to three seven one pounds eighty six point nine 262 00:11:28,040 --> 00:11:30,199 Speaker 11: to nine Japanese end goals. I said, well, it's now 263 00:11:30,280 --> 00:11:34,160 Speaker 11: three thousand, five hundred and seventy four dollars and break 264 00:11:34,320 --> 00:11:36,880 Speaker 11: sixty seven dollars and fifty seven cents. 265 00:11:36,880 --> 00:11:39,480 Speaker 2: See you tomorrow, Andrew Kellahajomo wealth dot co dot nz 266 00:11:40,280 --> 00:11:42,320 Speaker 2: scheme is the good news, partially good news. A company 267 00:11:42,360 --> 00:11:45,160 Speaker 2: called Airleases agreed to a seven point four billion dollar takeover. 268 00:11:45,280 --> 00:11:47,880 Speaker 2: It's led by a group of people, A Summertoma corporation 269 00:11:47,960 --> 00:11:49,040 Speaker 2: a part of it. You may have heard of them. 270 00:11:49,080 --> 00:11:52,000 Speaker 2: They're a big player further consolidating the aircraft leasing industry. 271 00:11:52,000 --> 00:11:54,880 Speaker 2: Why is this interesting because most aircraft are leased. But 272 00:11:54,960 --> 00:11:58,000 Speaker 2: here's the downside. They used to own fifty one percent 273 00:11:58,040 --> 00:12:00,280 Speaker 2: ownership in two thousand and nine. These days they control 274 00:12:00,320 --> 00:12:03,280 Speaker 2: fifty eight percent of the global aviation market. And given 275 00:12:03,320 --> 00:12:07,040 Speaker 2: all the problems in the aviation market, is somebody controlling 276 00:12:07,040 --> 00:12:09,760 Speaker 2: fifty eight percent of that market wise? And can you 277 00:12:09,840 --> 00:12:12,720 Speaker 2: just merge these two companies? And nobody asking any questions anyway? 278 00:12:13,240 --> 00:12:15,840 Speaker 2: Something upon the sex twenty one Your Reviews talk z B. 279 00:12:22,360 --> 00:12:26,880 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 280 00:12:26,880 --> 00:12:27,920 Speaker 1: by News Talk ZB. 281 00:12:28,920 --> 00:12:30,720 Speaker 2: How long it would take a text to arrive Mike 282 00:12:30,960 --> 00:12:33,400 Speaker 2: and Mike Joy's outrageous outburst thoughts. I'll come back to 283 00:12:33,480 --> 00:12:35,040 Speaker 2: that if you don't know what I'm talking about, Mike, 284 00:12:35,120 --> 00:12:38,239 Speaker 2: I just watched the Chinese parade? How cool are those processions? 285 00:12:38,240 --> 00:12:40,040 Speaker 2: So do we roll over now or go down swinging 286 00:12:40,040 --> 00:12:43,199 Speaker 2: with the Yanks? Forget the politics for a moment. It 287 00:12:43,440 --> 00:12:48,120 Speaker 2: was unbelievable as a spectacle, wasn't it. Sex twenty five 288 00:12:48,600 --> 00:12:52,360 Speaker 2: trending now with one square house, you're one start for 289 00:12:52,480 --> 00:12:56,679 Speaker 2: Father's Day fragrances and really interesting the Australian media treatment 290 00:12:56,720 --> 00:12:59,199 Speaker 2: of Dan Andrews versus the New Zealand media treatment of 291 00:12:59,280 --> 00:13:01,439 Speaker 2: Key and Clark. But I'll come back to that as well. Right, 292 00:13:01,760 --> 00:13:05,600 Speaker 2: personal recommendation, If you haven't discovered slow horses, do yourself 293 00:13:05,600 --> 00:13:07,920 Speaker 2: a favor in a world of douge its quality. It's 294 00:13:07,920 --> 00:13:10,520 Speaker 2: on Apple, four seasons deep, with the trailer for season 295 00:13:10,559 --> 00:13:12,840 Speaker 2: five out this morning. If this is an Honor Spot 296 00:13:12,920 --> 00:13:16,839 Speaker 2: performance review, I have to tell you I am absolutely 297 00:13:16,920 --> 00:13:18,800 Speaker 2: killing him right now. 298 00:13:18,840 --> 00:13:20,880 Speaker 1: Eleven people were killed yesterday morning. 299 00:13:21,679 --> 00:13:22,920 Speaker 2: I had something to do with it. 300 00:13:23,120 --> 00:13:26,000 Speaker 1: I have a your friend. I've not been compromised. 301 00:13:26,120 --> 00:13:29,160 Speaker 7: Nothing raises my spidery since it is as much as 302 00:13:29,240 --> 00:13:30,600 Speaker 7: hearing a woman is happy to. 303 00:13:30,559 --> 00:13:31,319 Speaker 6: Spend time with you. 304 00:13:31,480 --> 00:13:33,239 Speaker 1: We've killed and plundered and blackmailed. 305 00:13:33,280 --> 00:13:35,480 Speaker 2: Who now is being done to us? 306 00:13:36,480 --> 00:13:39,079 Speaker 5: Finister forces are trying to bring down the country. 307 00:13:39,200 --> 00:13:40,160 Speaker 1: What are we going to do? 308 00:13:40,440 --> 00:13:41,600 Speaker 13: And don't see nothing? 309 00:13:43,880 --> 00:13:44,880 Speaker 7: Give be thrown out for this. 310 00:13:47,200 --> 00:13:50,679 Speaker 2: We've already been thrown out. Look what I've got to 311 00:13:50,760 --> 00:13:51,079 Speaker 2: work with. 312 00:13:51,160 --> 00:13:54,000 Speaker 4: It's a crack up, a drunk psych bad whatever. 313 00:13:54,080 --> 00:13:56,440 Speaker 7: That is, all of them more functional than you. 314 00:13:56,960 --> 00:13:59,040 Speaker 2: The five seasons, by the way, fun Factor been pumped 315 00:13:59,040 --> 00:14:01,679 Speaker 2: out in three years, working like nobody's business anyway. That 316 00:14:01,840 --> 00:14:05,200 Speaker 2: main voice there is Gary Oldman. Kristen Thomas is in 317 00:14:05,240 --> 00:14:07,400 Speaker 2: their Hugo weavings and there. But Oldman really is the 318 00:14:07,400 --> 00:14:09,640 Speaker 2: reason to watch. He's a genius and you don't have 319 00:14:09,679 --> 00:14:11,200 Speaker 2: to wait long. This is the other good news. Three 320 00:14:11,240 --> 00:14:15,880 Speaker 2: weeks yesterday, September twenty four, on Apple Netflix This morning 321 00:14:15,920 --> 00:14:18,040 Speaker 2: of announcer, I didn't realize this was the thing. It's 322 00:14:18,040 --> 00:14:19,800 Speaker 2: on your screen, the summitch on your screen. You don't 323 00:14:19,800 --> 00:14:21,720 Speaker 2: know what the hell's going on anyway. They've updated their 324 00:14:21,760 --> 00:14:25,400 Speaker 2: moment's feature so that allows viewers to choose the start 325 00:14:25,440 --> 00:14:27,920 Speaker 2: and an endpoint to save a specific clip and once 326 00:14:27,960 --> 00:14:30,360 Speaker 2: you've saved it, it lives in the my Netflix tab 327 00:14:30,840 --> 00:14:35,000 Speaker 2: for rewatching or sharing. But that's only available for mobile devices, 328 00:14:35,000 --> 00:14:35,720 Speaker 2: so appear into that. 329 00:14:35,760 --> 00:14:38,040 Speaker 12: They've you don't understand anything that you of. 330 00:14:38,040 --> 00:14:40,360 Speaker 2: Course not well. I understand it's like clipping, you know, 331 00:14:40,440 --> 00:14:43,400 Speaker 2: send it to somebody. But you know who's got time 332 00:14:43,440 --> 00:14:44,160 Speaker 2: for that nonsense? 333 00:14:44,960 --> 00:14:46,520 Speaker 1: Tax? Big tech? 334 00:14:47,080 --> 00:14:49,720 Speaker 2: Interesting week for big tech for that AWS thing, which 335 00:14:49,720 --> 00:14:51,080 Speaker 2: I may or may not come back to, depending on 336 00:14:51,080 --> 00:14:53,480 Speaker 2: what's going anyway. A new report out on the big 337 00:14:53,520 --> 00:14:56,440 Speaker 2: players and big tech paying their so called fair share 338 00:14:56,480 --> 00:14:57,000 Speaker 2: of tax. 339 00:14:57,040 --> 00:15:00,040 Speaker 1: Will look at this next setting me a g and 340 00:15:00,600 --> 00:15:04,760 Speaker 1: talking to big issues the mic asking Breakfast with Bailey's 341 00:15:04,760 --> 00:15:08,080 Speaker 1: real Estate covering all your real estate needs news togs 342 00:15:08,120 --> 00:15:08,480 Speaker 1: head be. 343 00:15:08,560 --> 00:15:10,680 Speaker 2: Mikey jumping all over the place this morning, start on 344 00:15:10,680 --> 00:15:12,440 Speaker 2: the topic, then finished it, then move to the next one. 345 00:15:12,520 --> 00:15:14,600 Speaker 2: It's the espoogers. I keep telling you just stay with me. 346 00:15:14,720 --> 00:15:16,440 Speaker 2: You can't get good help. What can I say? Mike 347 00:15:16,520 --> 00:15:19,920 Speaker 2: Joy's outrageous outburst. Mike thoughts, Yes, Mike Joy, he's a 348 00:15:19,920 --> 00:15:23,200 Speaker 2: water guy and he's gone on whatever your social media 349 00:15:23,240 --> 00:15:25,960 Speaker 2: pick a platform, and he's talked about hanging directors so 350 00:15:26,000 --> 00:15:28,520 Speaker 2: he's talking about the dairy, he's talking about night track, 351 00:15:28,600 --> 00:15:31,560 Speaker 2: this is his us on debt, and he talks about 352 00:15:31,560 --> 00:15:34,240 Speaker 2: bringing back hanging for directors. So that's caused an element 353 00:15:34,240 --> 00:15:37,080 Speaker 2: of outrage. I'm not outraged. I choose not to be outraged. 354 00:15:37,120 --> 00:15:38,800 Speaker 2: I see Mike Joy for what he is. But some 355 00:15:38,840 --> 00:15:41,680 Speaker 2: people will be outraged, And if other people said similar things, 356 00:15:42,320 --> 00:15:44,400 Speaker 2: a whole different group of people would be outraged. So 357 00:15:44,640 --> 00:15:47,840 Speaker 2: you know, make up your own mind. Twenty three to seven. 358 00:15:47,960 --> 00:15:50,840 Speaker 2: There's another coalition of the Willing meeting in Paris tomorrow. 359 00:15:50,880 --> 00:15:52,640 Speaker 2: I hope it's not one in the morning because Luxon 360 00:15:52,640 --> 00:15:54,880 Speaker 2: won't make it. But we'll get the update from Catherine 361 00:15:55,120 --> 00:15:56,920 Speaker 2: Field for you in just a couple of moments. Long 362 00:15:57,000 --> 00:15:59,280 Speaker 2: time back here. You report this morning into one of 363 00:15:59,320 --> 00:16:01,400 Speaker 2: the lafe's great undrums, how to get big tech to 364 00:16:01,400 --> 00:16:03,960 Speaker 2: pay their so called fair share of text. Now we've 365 00:16:03,960 --> 00:16:07,040 Speaker 2: blurred the lines of New Zealand subsidiaries making large payments 366 00:16:07,080 --> 00:16:09,320 Speaker 2: to offshore affiliates. This is not new, of course, they 367 00:16:09,320 --> 00:16:12,200 Speaker 2: call them service fees. Nick Miller is the Authory's international 368 00:16:12,240 --> 00:16:14,360 Speaker 2: text specialist in these with us. Nick, morning to you, 369 00:16:16,080 --> 00:16:17,720 Speaker 2: why won't that work? There? We go Sorry, I got 370 00:16:17,800 --> 00:16:21,160 Speaker 2: you now, without no disrespect to you at all. This 371 00:16:21,280 --> 00:16:23,120 Speaker 2: isn't new, is it. I mean they've been paying service 372 00:16:23,120 --> 00:16:23,640 Speaker 2: fees forever. 373 00:16:25,160 --> 00:16:28,440 Speaker 14: They have been paying service fees for a long time, 374 00:16:29,600 --> 00:16:33,800 Speaker 14: that's right. But what the report, what our report seems 375 00:16:33,800 --> 00:16:36,880 Speaker 14: to do is is to now look at how we 376 00:16:36,960 --> 00:16:43,080 Speaker 14: can use existing legislation to challenge these service fees in 377 00:16:43,120 --> 00:16:45,880 Speaker 14: the wake of obviously the demise of the Digital Services tax, 378 00:16:45,920 --> 00:16:49,440 Speaker 14: because obviously there's been a perception that these companies haven't 379 00:16:49,480 --> 00:16:52,280 Speaker 14: been paying enough tax. Otherwise why would we have had 380 00:16:52,280 --> 00:16:56,480 Speaker 14: the advent of the DST. So the report is trying 381 00:16:56,480 --> 00:17:00,800 Speaker 14: to shine a light in some detail on these techniques 382 00:17:01,160 --> 00:17:05,240 Speaker 14: and moving on to look at how we can use 383 00:17:05,760 --> 00:17:11,680 Speaker 14: existing legislation, existing principles to challenge these techniques and get 384 00:17:11,720 --> 00:17:12,200 Speaker 14: more tax. 385 00:17:12,359 --> 00:17:15,000 Speaker 2: Important point you make existing would we need to change 386 00:17:15,040 --> 00:17:17,240 Speaker 2: the law, because presumably you could then ask the question, 387 00:17:17,280 --> 00:17:18,840 Speaker 2: if we don't need to change the law and can 388 00:17:18,920 --> 00:17:21,919 Speaker 2: use existing legislation, why isn't the IID already doing it. 389 00:17:23,960 --> 00:17:25,760 Speaker 14: I don't think we would need to change the law, 390 00:17:26,960 --> 00:17:29,760 Speaker 14: and the report makes that clear. I think you'd need 391 00:17:29,800 --> 00:17:34,720 Speaker 14: to ask ir about that. But I guess if you 392 00:17:34,800 --> 00:17:36,720 Speaker 14: if you look back over the last up two or 393 00:17:36,760 --> 00:17:39,960 Speaker 14: three years, there's been a focus on the digital services 394 00:17:39,960 --> 00:17:45,600 Speaker 14: taps and potentially other multilateral solutions or potential multilateral solutions. 395 00:17:45,840 --> 00:17:49,359 Speaker 14: Now those that don't seem now likely to see the 396 00:17:49,440 --> 00:17:52,520 Speaker 14: life of day. So we are back that the issue 397 00:17:52,560 --> 00:17:54,840 Speaker 14: hasn't gone away, So we're back with how do we 398 00:17:54,960 --> 00:17:56,360 Speaker 14: how do we deal with this? How do we find 399 00:17:56,359 --> 00:17:57,199 Speaker 14: a way to challenge it? 400 00:17:57,280 --> 00:17:59,439 Speaker 2: Do we have small countries syndrome? In other words, we 401 00:17:59,480 --> 00:18:01,080 Speaker 2: go to high they're going to get pissed off and 402 00:18:01,119 --> 00:18:02,960 Speaker 2: go away. 403 00:18:04,960 --> 00:18:09,200 Speaker 14: I doubt if that is the case, because if if 404 00:18:09,240 --> 00:18:12,440 Speaker 14: you look at the filings of these multinational groups of 405 00:18:12,480 --> 00:18:15,399 Speaker 14: the global filings, that is, they're in dispute with with 406 00:18:15,520 --> 00:18:18,360 Speaker 14: many countries all around the world. So I don't think 407 00:18:18,359 --> 00:18:21,640 Speaker 14: we wouldn't be unique. And obviously if it's all what's 408 00:18:21,680 --> 00:18:27,360 Speaker 14: going on in Australia that uh, the Australian Tax officers 409 00:18:27,480 --> 00:18:31,440 Speaker 14: have been involved in litigation and taking other measures, so 410 00:18:31,440 --> 00:18:34,760 Speaker 14: so no, we we would we would simply be fighting 411 00:18:34,800 --> 00:18:38,120 Speaker 14: our own corner in common with a lot of other countries. 412 00:18:38,240 --> 00:18:39,080 Speaker 2: Who does it will? 413 00:18:43,160 --> 00:18:49,040 Speaker 14: I think the the Australian Tax Office is big because 414 00:18:49,080 --> 00:18:51,880 Speaker 14: they're they're they're the closest closest country to us. But 415 00:18:52,480 --> 00:18:58,840 Speaker 14: also they have I think had had a pretty relentless 416 00:18:58,840 --> 00:19:04,840 Speaker 14: focus on this and on the subject of, for example, royalties. 417 00:19:04,920 --> 00:19:09,320 Speaker 14: Can we use our existing law to impose with holding 418 00:19:09,359 --> 00:19:12,840 Speaker 14: tax on royalties which which otherwise reduce which reduced the 419 00:19:12,840 --> 00:19:17,880 Speaker 14: profits in both Australia and New Zealand. But I mean 420 00:19:18,960 --> 00:19:21,600 Speaker 14: we should still forge our own path. I think we 421 00:19:21,640 --> 00:19:23,880 Speaker 14: can learn a lot from what's what's going on over 422 00:19:23,880 --> 00:19:31,320 Speaker 14: the ditch, But ultimately, if we want to obtain more 423 00:19:31,400 --> 00:19:35,119 Speaker 14: tax from multinationals operating here, then ultimately the New Zealand 424 00:19:35,119 --> 00:19:38,879 Speaker 14: courts may have to reach an interview on these issues. 425 00:19:38,880 --> 00:19:39,800 Speaker 2: Do you have it a test all right? 426 00:19:39,840 --> 00:19:39,959 Speaker 5: Now? 427 00:19:40,040 --> 00:19:42,440 Speaker 2: Nick appreciated my last Prime minister about it on Monday. Actually, 428 00:19:42,520 --> 00:19:45,359 Speaker 2: Nick Miller International Tech specialists with us this morning. Because 429 00:19:45,400 --> 00:19:47,040 Speaker 2: of course we all know that the I Idea have 430 00:19:47,080 --> 00:19:48,760 Speaker 2: been shaking the tree Philly hard, and they've got some 431 00:19:48,800 --> 00:19:51,280 Speaker 2: new tich and they're matching stuff up and they're bringing 432 00:19:51,280 --> 00:19:52,720 Speaker 2: in more money. So I don't know why they haven't 433 00:19:52,720 --> 00:19:56,200 Speaker 2: gone down this particular path nineteen away from seven tsking 434 00:19:56,400 --> 00:19:59,560 Speaker 2: it's scary rather than spectacular reach China. Yep, you could 435 00:19:59,640 --> 00:20:04,520 Speaker 2: probably say that the treatment on Andrews. Dan Dan Andrews 436 00:20:04,560 --> 00:20:07,679 Speaker 2: doesn't care, but he's lost his moral compass. There's your 437 00:20:07,680 --> 00:20:10,600 Speaker 2: headline this morning. Clearly doesn't give us stuff anymore about 438 00:20:10,600 --> 00:20:13,119 Speaker 2: what people think. So this is out of the photo 439 00:20:13,200 --> 00:20:16,480 Speaker 2: yesterday that he turns up and with your despots, your 440 00:20:16,480 --> 00:20:19,719 Speaker 2: lineup of weirdos and who was in that same photo. 441 00:20:20,200 --> 00:20:22,240 Speaker 2: And yet we don't seem to get the same treatment 442 00:20:22,359 --> 00:20:24,159 Speaker 2: from the New Zealand media here Why not? 443 00:20:24,400 --> 00:20:29,240 Speaker 1: Eighteen to two the Mike Hosking Breakfast Full Show podcast 444 00:20:29,320 --> 00:20:32,119 Speaker 1: on iHeartRadio powered by News Talks. 445 00:20:32,040 --> 00:20:36,160 Speaker 2: B Small Irony. What wasn't covered really here yesterday out 446 00:20:36,200 --> 00:20:38,640 Speaker 2: of China is that Russia and China are actually signed 447 00:20:38,680 --> 00:20:41,440 Speaker 2: a major deal. They're going to be building the Power 448 00:20:41,440 --> 00:20:45,280 Speaker 2: of Siberia to Gas pipeline, so that will set to 449 00:20:45,320 --> 00:20:48,879 Speaker 2: transit gas reserves in Russia's western Siberia to northern China 450 00:20:48,960 --> 00:20:54,160 Speaker 2: via eastern Mongolia, possible supply of fifty billion cubic meters 451 00:20:54,200 --> 00:20:57,800 Speaker 2: of gas per year. The agreement runs for thirty years. 452 00:20:57,800 --> 00:21:00,520 Speaker 2: The price of gas via the pipeline will be agreed separately, 453 00:21:00,560 --> 00:21:02,879 Speaker 2: So China and Russia are very happy to do business. 454 00:21:02,880 --> 00:21:06,120 Speaker 2: Which of corse Funds the war, speaking of which six forty. 455 00:21:05,800 --> 00:21:10,440 Speaker 1: Five international correspondence with endsed Eye Insurance, Peace of Mind 456 00:21:10,480 --> 00:21:11,720 Speaker 1: for New Zealand business. 457 00:21:12,119 --> 00:21:15,400 Speaker 2: You, Catherine Field, good morning to you. Good morning mate. 458 00:21:15,400 --> 00:21:17,840 Speaker 2: So another Coalition of the Willing meeting. That's a lot 459 00:21:17,880 --> 00:21:21,000 Speaker 2: of meetings, of meetings were you know, solutions with What 460 00:21:21,040 --> 00:21:22,160 Speaker 2: are we expecting this time. 461 00:21:23,200 --> 00:21:26,600 Speaker 5: Well, we're just starting to see the first part of 462 00:21:26,640 --> 00:21:30,840 Speaker 5: this Coalition of the Willing meeting. Just of an hour ago, 463 00:21:31,080 --> 00:21:34,359 Speaker 5: President Zelensky of Ukraine arrived at the Elyse Palace and 464 00:21:34,400 --> 00:21:38,560 Speaker 5: it was there that he made a statement. Also, we're 465 00:21:38,640 --> 00:21:42,199 Speaker 5: alongside French President's Emanuel Macron. On the one hand, we 466 00:21:42,240 --> 00:21:45,240 Speaker 5: had Zelenski saying there was no sign that Russia wants 467 00:21:45,240 --> 00:21:48,280 Speaker 5: to end the war, and we had French presidents Manual 468 00:21:48,359 --> 00:21:51,560 Speaker 5: macarn saying that they're going to talk about this reassurance 469 00:21:51,640 --> 00:21:53,760 Speaker 5: force that the Coalition of the Willing are going to 470 00:21:53,800 --> 00:21:57,680 Speaker 5: put in place. But this is all post conflict. He said, 471 00:21:57,720 --> 00:22:00,440 Speaker 5: this will happen on the day pieces side, which is 472 00:22:00,480 --> 00:22:05,000 Speaker 5: then extraordinary thing considering that those talks have stored completely. 473 00:22:05,200 --> 00:22:08,200 Speaker 5: So what I've got happening right now, Mike, is the 474 00:22:08,240 --> 00:22:12,000 Speaker 5: military chiefs representing most of the Coalition of the Willing 475 00:22:12,080 --> 00:22:15,960 Speaker 5: are meeting with Zelenski and the Elsa Palace talking about 476 00:22:16,000 --> 00:22:21,000 Speaker 5: what exactly they can provide, what they can contribute, how 477 00:22:21,040 --> 00:22:24,199 Speaker 5: it will all work. Then we've got that big meeting 478 00:22:24,240 --> 00:22:28,040 Speaker 5: again and just over twelve hours time, when all of 479 00:22:28,080 --> 00:22:31,760 Speaker 5: the members of that coalitional most of them will come 480 00:22:31,800 --> 00:22:35,800 Speaker 5: together either video conference or in place actually at the 481 00:22:35,880 --> 00:22:39,879 Speaker 5: Lysa Palace and to come up with more details of 482 00:22:39,920 --> 00:22:44,680 Speaker 5: that reassurance force that would eventually be deployed on Ukrainian soil. 483 00:22:44,960 --> 00:22:47,240 Speaker 2: I've got so many questions out of this, first one 484 00:22:47,280 --> 00:22:49,200 Speaker 2: being and I mentioned on the program yesterday or the 485 00:22:49,240 --> 00:22:51,399 Speaker 2: day before, I can't remember the research. So we're starting 486 00:22:51,400 --> 00:22:53,119 Speaker 2: and I think Denmark was one of the countries that 487 00:22:53,160 --> 00:22:55,600 Speaker 2: were handful of countries actually paying the bill. But the 488 00:22:55,720 --> 00:22:58,680 Speaker 2: US weaponry is starting to be bought and presumably will 489 00:22:58,760 --> 00:23:03,040 Speaker 2: end up on the battlefield at some point. Is the 490 00:23:03,240 --> 00:23:06,040 Speaker 2: US involved in this given the last time they entered this, 491 00:23:06,280 --> 00:23:08,400 Speaker 2: they had a meeting, the meeting went nowhere and there 492 00:23:08,440 --> 00:23:10,720 Speaker 2: was no follow up meeting. How involved is America in 493 00:23:10,800 --> 00:23:11,119 Speaker 2: all this? 494 00:23:11,960 --> 00:23:15,560 Speaker 5: Okay, so here's what the Europeans are hoping the US 495 00:23:15,640 --> 00:23:19,479 Speaker 5: will do. What the Elise Palace have said is that 496 00:23:19,720 --> 00:23:22,760 Speaker 5: they have got a plan, They've got it all together. 497 00:23:23,200 --> 00:23:25,159 Speaker 5: They will be able to put your boots on the 498 00:23:25,160 --> 00:23:27,920 Speaker 5: ground as a second line of defense. They will be 499 00:23:27,960 --> 00:23:30,720 Speaker 5: able to do everything else. But the only way this 500 00:23:30,760 --> 00:23:34,960 Speaker 5: can work is if the US gives that security umbrella. 501 00:23:35,080 --> 00:23:41,719 Speaker 5: Now that means intelligence, training, support, not troops on the ground, 502 00:23:42,280 --> 00:23:45,400 Speaker 5: but being able to give that air cover which Thelensky 503 00:23:45,560 --> 00:23:47,560 Speaker 5: has been talking about so much. 504 00:23:47,960 --> 00:23:48,120 Speaker 6: Now. 505 00:23:48,160 --> 00:23:50,200 Speaker 5: Also, don't forget, just in the last couple of hours 506 00:23:50,280 --> 00:23:53,080 Speaker 5: mote we've had, the Polish president has been at the 507 00:23:53,080 --> 00:23:56,680 Speaker 5: White US talking to Donald Trump, and Donald Trump said 508 00:23:56,920 --> 00:23:59,800 Speaker 5: that he had no intention of pulling US troops out 509 00:23:59,800 --> 00:24:04,320 Speaker 5: of Poland, a frontline state to Ukraine. There are between 510 00:24:04,359 --> 00:24:07,720 Speaker 5: eight and ten thousand American troops based in Poland, he 511 00:24:07,920 --> 00:24:10,879 Speaker 5: said there might even be more. The other thing to 512 00:24:10,920 --> 00:24:13,560 Speaker 5: remember about how that was such an important announcement is, 513 00:24:13,640 --> 00:24:16,800 Speaker 5: of course Poland is one of the few NATO countries 514 00:24:16,840 --> 00:24:19,800 Speaker 5: that's big with their defense spending four point seven percent 515 00:24:19,840 --> 00:24:22,679 Speaker 5: of GDP this year being spent on the military. A 516 00:24:22,720 --> 00:24:24,520 Speaker 5: lot of that's going to be spent in the US. 517 00:24:24,720 --> 00:24:26,840 Speaker 2: So on the one hand, you got the Poles. 518 00:24:26,560 --> 00:24:28,800 Speaker 5: Saying, you know, look gets in your interest, will buy 519 00:24:28,800 --> 00:24:29,320 Speaker 5: your weapons. 520 00:24:29,320 --> 00:24:30,600 Speaker 2: You put your troops there. 521 00:24:31,200 --> 00:24:33,960 Speaker 5: The Europeans and the others in the coalition of the 522 00:24:34,000 --> 00:24:36,719 Speaker 5: willing as saying, look, we'll do the hard work on 523 00:24:36,760 --> 00:24:39,439 Speaker 5: the ground, but to you, the Americans have got to 524 00:24:39,440 --> 00:24:42,639 Speaker 5: give us the backstop, which means the intelligence and the 525 00:24:42,680 --> 00:24:43,080 Speaker 5: air cover. 526 00:24:43,440 --> 00:24:45,520 Speaker 2: I know, I know it's only words, but Putin said 527 00:24:45,600 --> 00:24:48,440 Speaker 2: yesterday ironically from China, that the war ends with talk 528 00:24:48,560 --> 00:24:51,080 Speaker 2: or he'll finish it himself. There is no talk, there 529 00:24:51,119 --> 00:24:54,160 Speaker 2: is no meeting. Trump's been tapped along the seams. Clear now. 530 00:24:54,280 --> 00:24:56,080 Speaker 2: They must of Europe must have been watching what was 531 00:24:56,080 --> 00:24:59,320 Speaker 2: happening in China yesterday and been I don't know, ropa 532 00:24:59,400 --> 00:25:01,679 Speaker 2: ball or at least it must have hardened their result 533 00:25:01,720 --> 00:25:02,840 Speaker 2: to some degree, isn't it. 534 00:25:03,640 --> 00:25:07,160 Speaker 5: You do feel that, you really do feel that these 535 00:25:07,520 --> 00:25:10,800 Speaker 5: pictures that we saw out of China over the last 536 00:25:10,880 --> 00:25:14,320 Speaker 5: what twenty four to forty eight hours has woken up 537 00:25:14,400 --> 00:25:17,080 Speaker 5: those who weren't already awake, if you like Mike here, 538 00:25:17,119 --> 00:25:20,400 Speaker 5: that it's all shifted, all the dominoes are moving around, 539 00:25:20,840 --> 00:25:24,399 Speaker 5: the new access is there, and that these three, you know, 540 00:25:24,480 --> 00:25:28,040 Speaker 5: seeing those three who Russia, China and North Korea who 541 00:25:28,080 --> 00:25:30,880 Speaker 5: are newcle got nuclear weapons. That this is a new 542 00:25:30,880 --> 00:25:31,360 Speaker 5: ball game. 543 00:25:31,520 --> 00:25:33,000 Speaker 2: All right. Always good to have you on the program. 544 00:25:33,040 --> 00:25:34,919 Speaker 2: We'll see you Tuesday. Casroin Field out of plants for 545 00:25:35,000 --> 00:25:36,359 Speaker 2: us this morning ten to seven. 546 00:25:36,720 --> 00:25:40,280 Speaker 1: The Mike Hosking Breakfast with Rainfrow Bern News Togs dead 547 00:25:40,280 --> 00:25:40,760 Speaker 1: be They. 548 00:25:40,720 --> 00:25:42,840 Speaker 2: Didn't see a lot of yesterday. And the Chinese parade was, 549 00:25:42,840 --> 00:25:44,560 Speaker 2: of course their navy because it was on land and 550 00:25:44,600 --> 00:25:46,800 Speaker 2: Teneman Square. Very difficult to get a frigged into the 551 00:25:46,880 --> 00:25:49,440 Speaker 2: anim and Square. But anyway, I read a fascinating article 552 00:25:49,440 --> 00:25:51,639 Speaker 2: this week about their ship building. The last two decades, 553 00:25:51,640 --> 00:25:53,760 Speaker 2: they've ramped up investment, of course into their ships. More 554 00:25:53,800 --> 00:25:56,919 Speaker 2: than sixty percent of the world's orders this year have 555 00:25:56,920 --> 00:25:59,359 Speaker 2: gone to Chinese shipyards. Sixty percent. We'll talk about the 556 00:25:59,400 --> 00:26:01,960 Speaker 2: inter Island. I wonder if they're Chinese. I don't think so, 557 00:26:02,000 --> 00:26:03,960 Speaker 2: but we'll find out. They won't tell us. Probably that 558 00:26:04,119 --> 00:26:06,720 Speaker 2: was weird? Was that weird yesterday? With Winston Winster? Everything 559 00:26:06,720 --> 00:26:09,879 Speaker 2: Winston does is weird. We've picked who it is not 560 00:26:09,920 --> 00:26:13,000 Speaker 2: going to tell you. I mean, what's that about? Where 561 00:26:13,080 --> 00:26:16,400 Speaker 2: was I? China's building more ships than any other country 562 00:26:16,440 --> 00:26:19,120 Speaker 2: because it does it faster than anyone else. That's their success. 563 00:26:19,119 --> 00:26:22,840 Speaker 2: That's why they're successful in EVS. Chinese ship building capacity 564 00:26:23,720 --> 00:26:28,560 Speaker 2: is two hundred times over all that of the United States, 565 00:26:29,200 --> 00:26:34,760 Speaker 2: two hundred times. The party now has two hundred and 566 00:26:34,800 --> 00:26:39,680 Speaker 2: thirty four warships, the US has two nineteen. So add 567 00:26:39,720 --> 00:26:43,160 Speaker 2: those to what you saw wandering down the road yesterday. 568 00:26:44,720 --> 00:26:46,679 Speaker 2: Then have a look at the Japanese bond market, the 569 00:26:46,760 --> 00:26:48,920 Speaker 2: UK bond market, and the flight from the dollar in 570 00:26:48,960 --> 00:26:51,840 Speaker 2: the US. And if you're not worried by that, I 571 00:26:51,840 --> 00:26:54,400 Speaker 2: don't know why you wouldn't, Mike, you didn't do due 572 00:26:54,400 --> 00:26:57,720 Speaker 2: diligence before luxon interview re Amazon employment facts and figures. 573 00:26:57,760 --> 00:27:00,720 Speaker 2: Expect more from you. I take it you've been sucked 574 00:27:00,720 --> 00:27:03,560 Speaker 2: in by the radio New Zealand coverage this week, have you? 575 00:27:04,960 --> 00:27:07,800 Speaker 2: I mean, come on mate, did they open something up? 576 00:27:08,080 --> 00:27:10,920 Speaker 2: Is there money in the country? Are people employed? Yes? 577 00:27:11,640 --> 00:27:15,120 Speaker 2: Be happy five minutes away from seven for the ins 578 00:27:15,400 --> 00:27:16,000 Speaker 2: are the outs? 579 00:27:16,320 --> 00:27:19,679 Speaker 1: It's the fizz with business, Faber and take your business 580 00:27:19,760 --> 00:27:21,400 Speaker 1: productivity to the next level. 581 00:27:21,440 --> 00:27:23,399 Speaker 2: There's a week for housing. Let's toss a little bit 582 00:27:23,400 --> 00:27:25,880 Speaker 2: more data at you. We've got Cotelity's latest home value 583 00:27:25,880 --> 00:27:28,080 Speaker 2: index for August, so across the country you have seen 584 00:27:28,080 --> 00:27:29,760 Speaker 2: a drop of zero point two percent for the month. 585 00:27:29,800 --> 00:27:31,879 Speaker 2: I mean that's is that a drug dumming? Technically it's 586 00:27:31,880 --> 00:27:34,120 Speaker 2: a drop fifty month in a row. So that's your problem. 587 00:27:34,880 --> 00:27:37,200 Speaker 2: For the year, prices are down an average of zero 588 00:27:37,240 --> 00:27:39,480 Speaker 2: point six. So there's ups and downs overs numbers there, 589 00:27:39,480 --> 00:27:40,840 Speaker 2: and I'll tell you some of those in a moment. 590 00:27:41,280 --> 00:27:43,560 Speaker 2: The gains from the last year and earlier this year, 591 00:27:43,560 --> 00:27:46,399 Speaker 2: they've been wiped out basically, So your national median price 592 00:27:46,840 --> 00:27:49,600 Speaker 2: sets at eight oh nine, lowest level since August of 593 00:27:49,640 --> 00:27:51,679 Speaker 2: twenty three. Now the main center is Auckland down a 594 00:27:51,680 --> 00:27:53,879 Speaker 2: half point Now that's material to my mind. Half a 595 00:27:53,880 --> 00:27:56,320 Speaker 2: point in a month is material. So average price a 596 00:27:56,320 --> 00:27:59,240 Speaker 2: bit over a million, Hamilton down zero point one, that's nothing. 597 00:27:59,400 --> 00:28:02,520 Speaker 2: Average price seven fifty three, Towering is flat, remains at 598 00:28:02,560 --> 00:28:05,080 Speaker 2: nine hundred and twelve, Wellington zero point one, So you've 599 00:28:05,160 --> 00:28:08,440 Speaker 2: leveled out. I reckon average of seven ninety seven. Christ 600 00:28:08,480 --> 00:28:12,400 Speaker 2: Church up again, boring, christ Church stopped being so successful 601 00:28:12,720 --> 00:28:15,200 Speaker 2: up zero point two, average of seven oh six, and 602 00:28:15,320 --> 00:28:18,640 Speaker 2: Aneedn up zero point four, average of six oh three. 603 00:28:19,200 --> 00:28:22,120 Speaker 2: Cans get a bit of spinny. Was the time where 604 00:28:22,160 --> 00:28:23,960 Speaker 2: Dnedan was quite a gap between the rest of the 605 00:28:23,960 --> 00:28:26,119 Speaker 2: country and Dunedan, but not anymore now for the region's 606 00:28:26,119 --> 00:28:28,480 Speaker 2: your biggest game with New Plumouth zero point six up 607 00:28:28,840 --> 00:28:31,320 Speaker 2: Invercargo and Nelson up zero point five percent. The biggest 608 00:28:31,359 --> 00:28:33,440 Speaker 2: dropt of zero point six was a napier in Hasting. 609 00:28:33,560 --> 00:28:36,440 Speaker 2: So that's that's about. I've got more to say on 610 00:28:36,480 --> 00:28:38,680 Speaker 2: this because we're sort of a little bit active in 611 00:28:38,720 --> 00:28:40,600 Speaker 2: the property market at the moment. It's a fascinating time 612 00:28:40,640 --> 00:28:41,040 Speaker 2: in Auckland. 613 00:28:41,080 --> 00:28:41,160 Speaker 15: Now. 614 00:28:41,160 --> 00:28:43,920 Speaker 2: I don't don't freak out if you're not in Auckland. 615 00:28:43,920 --> 00:28:45,680 Speaker 2: I'm trying not to bore the rest of the country here. 616 00:28:45,720 --> 00:28:48,680 Speaker 2: But David Seymour that there's a whole new draft plan 617 00:28:48,760 --> 00:28:54,520 Speaker 2: in Auckland that involves tremendous numbers of high rises and 618 00:28:54,560 --> 00:28:57,360 Speaker 2: it's going to look like Hong Kong. And you might 619 00:28:57,480 --> 00:28:59,200 Speaker 2: like Hong Kong. I used to like Hong Kong toll 620 00:28:59,200 --> 00:29:01,920 Speaker 2: the Chinese role than but that's another story anyway. David Seymour, 621 00:29:01,960 --> 00:29:04,240 Speaker 2: who is part of the government, is taking on his 622 00:29:04,280 --> 00:29:07,840 Speaker 2: own government because as an Auckland MP, he doesn't like 623 00:29:08,480 --> 00:29:10,400 Speaker 2: the look of what's going to happen. But part of 624 00:29:10,400 --> 00:29:12,600 Speaker 2: the problem is no one seems to know what's going 625 00:29:12,640 --> 00:29:15,840 Speaker 2: to happen. Saying things and doing things are two completely 626 00:29:15,880 --> 00:29:19,520 Speaker 2: different matters. But anyway, he's with us on that after 627 00:29:19,560 --> 00:29:21,440 Speaker 2: seven thirty. But as I say, we'll get to these 628 00:29:21,720 --> 00:29:23,680 Speaker 2: the inter Island fairies. We'll try and get some more 629 00:29:23,680 --> 00:29:25,640 Speaker 2: detail than that for you right after the news. 630 00:29:25,600 --> 00:29:29,760 Speaker 1: Which is next, the Breakfast Show, Kiwi's Trust to Stay 631 00:29:29,920 --> 00:29:34,680 Speaker 1: in the Know, the mic asking, Breakfast with A Veda, Retirement, Communities, 632 00:29:34,920 --> 00:29:36,480 Speaker 1: Life Your Way News. 633 00:29:36,280 --> 00:29:38,680 Speaker 2: Togs Head be only seven past seven, so the Chief Justice, 634 00:29:38,720 --> 00:29:40,840 Speaker 2: in an annual report tells us of stress and lack 635 00:29:40,880 --> 00:29:43,720 Speaker 2: of facility, shortage and resources lawyers and access to just 636 00:29:43,760 --> 00:29:46,680 Speaker 2: as serious offending that's murder and manslaughter now makes up 637 00:29:46,760 --> 00:29:50,320 Speaker 2: seventy six percent of all new trials in the High Court. 638 00:29:50,360 --> 00:29:52,920 Speaker 2: Paul Goldsmith, Justice Minister of Courses, with us, good morning, 639 00:29:53,760 --> 00:29:56,080 Speaker 2: good morning, we got alarm bells or this is what 640 00:29:56,160 --> 00:29:56,400 Speaker 2: we know? 641 00:29:58,400 --> 00:30:01,280 Speaker 7: Well, yes, this is is what we know. There has 642 00:30:01,320 --> 00:30:05,160 Speaker 7: been a lot of pressure in the justice system and 643 00:30:05,280 --> 00:30:07,960 Speaker 7: so we're doing everything we can to focus on speeding 644 00:30:08,040 --> 00:30:11,080 Speaker 7: up the processes of the courts and recognizing that obviously 645 00:30:11,120 --> 00:30:14,120 Speaker 7: the very difficult and demanding role that our judges play 646 00:30:14,160 --> 00:30:16,320 Speaker 7: on behalf of the rest of society. You know, quite 647 00:30:16,360 --> 00:30:19,120 Speaker 7: often the dealing with people on the worst day of 648 00:30:19,160 --> 00:30:21,200 Speaker 7: their lives were one of the most stressful days of 649 00:30:21,240 --> 00:30:24,440 Speaker 7: their lives. So it is a difficult environment, but we're 650 00:30:24,480 --> 00:30:27,120 Speaker 7: doing everything we can to help on that front. On 651 00:30:27,120 --> 00:30:30,560 Speaker 7: that front, what are you doing, Well, we're increasing the 652 00:30:30,640 --> 00:30:33,440 Speaker 7: number of High Court judges. We've got a bill in 653 00:30:33,440 --> 00:30:35,720 Speaker 7: the House lifting it by two and we're actually going 654 00:30:35,760 --> 00:30:39,040 Speaker 7: to amend that to have the possibility to go up 655 00:30:39,040 --> 00:30:42,480 Speaker 7: by another three. On top of that, we're investing in 656 00:30:42,480 --> 00:30:44,800 Speaker 7: a whole lot of new courthouses around the country. We've 657 00:30:44,840 --> 00:30:47,520 Speaker 7: got a real focus on digitizing the system. You know, 658 00:30:47,560 --> 00:30:50,600 Speaker 7: we've inherited a situation which has been going back over 659 00:30:50,640 --> 00:30:53,320 Speaker 7: many decades now where it's still a very paper based 660 00:30:53,360 --> 00:30:55,600 Speaker 7: system and we've got to get it modernized. 661 00:30:55,640 --> 00:30:58,720 Speaker 2: From personal experience, I just when I was lasting quote, 662 00:30:58,760 --> 00:31:01,760 Speaker 2: I couldn't believe how nineteen seventy three it looked. Is 663 00:31:01,800 --> 00:31:03,480 Speaker 2: that being fixed and fixed rapidly? 664 00:31:05,200 --> 00:31:05,520 Speaker 13: Yes. 665 00:31:07,320 --> 00:31:10,960 Speaker 7: The fundamental thing is around digitizing the whole process and 666 00:31:11,000 --> 00:31:13,800 Speaker 7: not having people wandering around with big folders. And so 667 00:31:14,240 --> 00:31:17,520 Speaker 7: we're underway. We should be in the Family Court starting 668 00:31:17,520 --> 00:31:20,640 Speaker 7: that next year. Well, actually implementing. 669 00:31:20,120 --> 00:31:20,640 Speaker 12: It next year. 670 00:31:20,680 --> 00:31:22,520 Speaker 7: So they've been working for a couple of years. They 671 00:31:22,520 --> 00:31:24,880 Speaker 7: have tried in the past and failed, so we're making 672 00:31:24,880 --> 00:31:26,400 Speaker 7: sure we get it right this time round. 673 00:31:26,480 --> 00:31:28,440 Speaker 2: The length of trials, they talk of, how much is 674 00:31:28,440 --> 00:31:31,080 Speaker 2: that about the law and maybe the law needs amending, 675 00:31:31,160 --> 00:31:33,360 Speaker 2: or how much of it's about soft judges that go, yes, 676 00:31:33,400 --> 00:31:34,960 Speaker 2: you can have an adjunment, Yes you can have a 677 00:31:35,000 --> 00:31:36,960 Speaker 2: delay and maybe then get stretched out. 678 00:31:38,680 --> 00:31:42,200 Speaker 7: Well, the Chief Justice referred to the fact that there's 679 00:31:42,240 --> 00:31:46,480 Speaker 7: quite a lot of trials now with multiple players. I 680 00:31:46,560 --> 00:31:49,320 Speaker 7: saw one in the bar plenty recently where more than 681 00:31:49,360 --> 00:31:52,320 Speaker 7: ten people were charged, and so that is more complicated. 682 00:31:52,640 --> 00:31:56,080 Speaker 7: But look that there's always been complications in the system. 683 00:31:57,600 --> 00:32:00,480 Speaker 7: I mean, we're obviously focusing on reducing crime role and 684 00:32:00,480 --> 00:32:02,040 Speaker 7: that will flow through, but in the meantime, there's a 685 00:32:02,080 --> 00:32:02,760 Speaker 7: lot of work to do. 686 00:32:03,600 --> 00:32:06,120 Speaker 2: Was that a very delicate way of not criticizing I 687 00:32:06,160 --> 00:32:08,760 Speaker 2: just wonder how much butt coverings going on here, and 688 00:32:08,840 --> 00:32:11,720 Speaker 2: the judges toughened up a little bit, things might happen 689 00:32:11,760 --> 00:32:12,640 Speaker 2: a little bit quicker. 690 00:32:13,000 --> 00:32:16,360 Speaker 7: Well, well, yes, I can see you're sort of trying 691 00:32:16,400 --> 00:32:19,760 Speaker 7: to go me into criticizing the judges, and I'm not 692 00:32:19,760 --> 00:32:21,600 Speaker 7: going to do that because it's you know, it is 693 00:32:21,640 --> 00:32:24,719 Speaker 7: actually an important sort of institutional norm that we have 694 00:32:24,800 --> 00:32:26,080 Speaker 7: a separation of powers. 695 00:32:26,640 --> 00:32:29,120 Speaker 2: I couldn't agree more. But when the Chief Justice goes 696 00:32:29,160 --> 00:32:31,880 Speaker 2: this is broken, and one of the fairly obvious parts 697 00:32:31,920 --> 00:32:34,840 Speaker 2: that is broken might be because of their behavior. You've 698 00:32:34,840 --> 00:32:36,040 Speaker 2: got to push back of it, don't you. 699 00:32:36,520 --> 00:32:39,600 Speaker 7: Well, well, what I would say is that all of 700 00:32:39,680 --> 00:32:42,520 Speaker 7: the all of the different parts of the justice system 701 00:32:42,560 --> 00:32:46,320 Speaker 7: have to contribute to improving and so speeding up the 702 00:32:46,360 --> 00:32:50,080 Speaker 7: courts is a classic classic systems challenge. Where you've got corrections, 703 00:32:50,080 --> 00:32:53,720 Speaker 7: you've got police, you've got the judges, you've got the judiciary. Sorry, 704 00:32:53,720 --> 00:32:56,280 Speaker 7: you've got the justice system. You've got a whole lot 705 00:32:56,280 --> 00:32:58,520 Speaker 7: of other different players, and everybody tends to blame each 706 00:32:58,560 --> 00:33:02,400 Speaker 7: other sometimes for the situation. And so that's why we 707 00:33:02,440 --> 00:33:04,520 Speaker 7: get everybody into the same room on a regular basis 708 00:33:04,520 --> 00:33:06,160 Speaker 7: and say, well, look, what are the twenty things we 709 00:33:06,160 --> 00:33:08,320 Speaker 7: can do that will help, And once we've done those, 710 00:33:08,360 --> 00:33:09,800 Speaker 7: what are the next twenty things we can do? It 711 00:33:09,800 --> 00:33:14,080 Speaker 7: will help partly legislation, partly you know, technology and making 712 00:33:14,120 --> 00:33:16,160 Speaker 7: sure the Wi Fi works, the basic sort of stuff, 713 00:33:16,280 --> 00:33:18,800 Speaker 7: and partly yep, the rules of the courts are an issue, 714 00:33:18,840 --> 00:33:20,880 Speaker 7: and we work our way through all of those things 715 00:33:20,520 --> 00:33:23,320 Speaker 7: in a collective and collaborative fashion. 716 00:33:23,560 --> 00:33:26,479 Speaker 2: Got yourself out of that one nicely, Paul Goldsmith, Justice Minister. 717 00:33:26,520 --> 00:33:27,800 Speaker 2: It is ten minutes past seven. 718 00:33:28,200 --> 00:33:28,640 Speaker 14: Here we go. 719 00:33:28,960 --> 00:33:30,360 Speaker 2: Who doesn't want to be a teacher. We've got a 720 00:33:30,400 --> 00:33:33,360 Speaker 2: thirty percent jumping enrollments three and a half thousand, five 721 00:33:33,440 --> 00:33:35,640 Speaker 2: hundred and twenty five students this year compeed to twenty 722 00:33:35,640 --> 00:33:38,240 Speaker 2: seven hundred and fifteen last year. Primary is up thirty one, 723 00:33:38,280 --> 00:33:40,960 Speaker 2: secondaries twenty eight. He sees up twenty four. John O'Neil's 724 00:33:40,960 --> 00:33:43,480 Speaker 2: professor of Teaching education at Massa University and is with 725 00:33:43,600 --> 00:33:47,160 Speaker 2: us John, Morning, Morning, Mike, these golden days. 726 00:33:48,680 --> 00:33:52,000 Speaker 13: Well, it's certainly a turnaround, isn't it. So it's good news. 727 00:33:52,120 --> 00:33:55,040 Speaker 13: And the challenge, I suppose is to find out what 728 00:33:55,120 --> 00:33:57,000 Speaker 13: are the causes? Why is it happening? 729 00:33:57,840 --> 00:34:00,360 Speaker 2: I'm going to cluse you've got any ideas. What's it? 730 00:34:00,440 --> 00:34:02,760 Speaker 2: Can't just be Erica Stanford and putting walls up in 731 00:34:02,840 --> 00:34:03,720 Speaker 2: the classroom, ken it. 732 00:34:04,520 --> 00:34:08,520 Speaker 13: No, of course it can't. It's partly cyclical, so every 733 00:34:08,560 --> 00:34:12,759 Speaker 13: time there's a recession or an economic downturn, numbers in 734 00:34:12,840 --> 00:34:16,200 Speaker 13: it and other training programs tend to go up, so 735 00:34:16,239 --> 00:34:20,959 Speaker 13: that's part of it. The challenge for government is really 736 00:34:20,960 --> 00:34:22,480 Speaker 13: that we're in the middle of a sort of ten 737 00:34:22,560 --> 00:34:26,839 Speaker 13: year growth cycle in school role. So Ministries Forecasting says 738 00:34:26,840 --> 00:34:29,400 Speaker 13: that by twenty thirty there'll be an extra hundred thousand 739 00:34:29,440 --> 00:34:32,120 Speaker 13: students in school. So even though the numbers are up, 740 00:34:32,400 --> 00:34:35,319 Speaker 13: they need to there's an ongoing challenge to keep them 741 00:34:35,360 --> 00:34:37,960 Speaker 13: in the system, and we've also got an aging teacher workforce. 742 00:34:39,640 --> 00:34:44,920 Speaker 13: The subsidy for school based placement is certainly helping, but 743 00:34:44,960 --> 00:34:48,520 Speaker 13: it's a tiny fraction. So twenty thousand subsidy get people 744 00:34:48,600 --> 00:34:51,320 Speaker 13: into the classroom early on, have school based teacher training. 745 00:34:51,760 --> 00:34:54,160 Speaker 13: That seems to be a real incentive for people to 746 00:34:54,200 --> 00:34:56,879 Speaker 13: take part and for schools to host students. But it's 747 00:34:56,880 --> 00:35:00,319 Speaker 13: a tiny fraction of the overall numbers, so money could 748 00:35:00,320 --> 00:35:02,759 Speaker 13: be an issue going forward. So it's the subtle center 749 00:35:02,800 --> 00:35:03,240 Speaker 13: as well. 750 00:35:03,320 --> 00:35:05,759 Speaker 2: Does the split interest you thirty one, twenty eight, twenty four, 751 00:35:05,760 --> 00:35:07,960 Speaker 2: it's reasonably even across the sector. 752 00:35:08,640 --> 00:35:12,240 Speaker 13: Yeah. The thing I was surprised about was early childhood 753 00:35:12,280 --> 00:35:15,480 Speaker 13: numbers up to the extent that they are, particularly in 754 00:35:15,600 --> 00:35:19,920 Speaker 13: light of changes made by Minister Seymour in terms of 755 00:35:20,160 --> 00:35:24,680 Speaker 13: starting salaries and deregulation and changing the ratio. So we 756 00:35:24,760 --> 00:35:28,319 Speaker 13: know we're already got a challenge in getting people into 757 00:35:28,360 --> 00:35:31,360 Speaker 13: early childhood education. So it's a real surprise for me 758 00:35:31,480 --> 00:35:34,319 Speaker 13: to see those numbers holding up in the same way 759 00:35:34,360 --> 00:35:36,200 Speaker 13: that primary and secondary were. 760 00:35:36,480 --> 00:35:39,600 Speaker 2: Very encouraging, John, appreciate your insight, Professor of Teaching Education 761 00:35:39,640 --> 00:35:42,440 Speaker 2: at MESSI it is thirteen minutes past seven pasking. I 762 00:35:42,440 --> 00:35:45,560 Speaker 2: don't think people realize Mike, how massive Amazon aw is 763 00:35:45,560 --> 00:35:47,720 Speaker 2: coming here is maybe that should take some personal leadership 764 00:35:47,760 --> 00:35:49,719 Speaker 2: and do some of their own research before they message in. 765 00:35:50,440 --> 00:35:52,319 Speaker 2: It's the weirdest story. I mentioned this earlier on in 766 00:35:52,320 --> 00:35:54,680 Speaker 2: the week, the media's obsession with a building that may 767 00:35:54,760 --> 00:35:57,000 Speaker 2: or may not have been built on a bit of land. 768 00:35:57,040 --> 00:35:58,640 Speaker 2: I mean, we know it hasn't been built, and what 769 00:35:58,680 --> 00:36:00,759 Speaker 2: that means, and how come it a good news story 770 00:36:00,800 --> 00:36:04,560 Speaker 2: became an alleged scandal sort of. I just, I just 771 00:36:04,719 --> 00:36:07,480 Speaker 2: I'm exasperated by it. Mike. I would feel much more 772 00:36:07,480 --> 00:36:10,160 Speaker 2: comfortable about your cheerleading of China. I know where you 773 00:36:10,160 --> 00:36:12,319 Speaker 2: get it that I cheerlead China if only I could 774 00:36:12,320 --> 00:36:14,920 Speaker 2: be convinced that the Chinese government have peaceful intentions and 775 00:36:14,960 --> 00:36:17,520 Speaker 2: respect democracy and human rights. Well, they're not into democracy 776 00:36:17,520 --> 00:36:19,839 Speaker 2: and they never have been. They're not a democracy and 777 00:36:20,040 --> 00:36:22,239 Speaker 2: I don't know waky waky, Peter, they're not starting now. 778 00:36:22,640 --> 00:36:24,920 Speaker 2: And human rights they're not into that either, really, but 779 00:36:25,000 --> 00:36:26,719 Speaker 2: we don't deal with them on that level. We deal 780 00:36:26,760 --> 00:36:28,319 Speaker 2: them with the trade partner, the one of the most 781 00:36:28,320 --> 00:36:31,920 Speaker 2: powerful businesses and companies and economies in the world, and 782 00:36:31,960 --> 00:36:34,359 Speaker 2: that's how we interface with them. Mike, you talked about 783 00:36:34,360 --> 00:36:36,520 Speaker 2: the seven eight. Have you talked about the seven eightyf 784 00:36:36,640 --> 00:36:41,160 Speaker 2: members found dead in Germany? Debs don't for question mark me. 785 00:36:41,440 --> 00:36:46,760 Speaker 2: I've read enough about that at this point. I'm not convinced, 786 00:36:46,760 --> 00:36:49,440 Speaker 2: but I am reassured to a degree. Look it up. 787 00:36:49,480 --> 00:36:51,680 Speaker 2: If you don't know what we're talking about, I'm reassured 788 00:36:51,719 --> 00:36:55,359 Speaker 2: to an appropriate degree that there is no scandal there. Mike, 789 00:36:55,440 --> 00:36:56,839 Speaker 2: Are you going to be able to tell us how 790 00:36:56,880 --> 00:37:01,000 Speaker 2: on Earth? H Clark and j Key rationalize attending Zee's 791 00:37:01,000 --> 00:37:03,480 Speaker 2: big birthday party, Bryce, I can't. 792 00:37:04,160 --> 00:37:06,360 Speaker 8: So there you go, cheerleading China again. 793 00:37:07,400 --> 00:37:10,520 Speaker 2: I think it was a mistake. I've heard Helen's I've 794 00:37:10,560 --> 00:37:12,680 Speaker 2: got I like them both. I like Helen, I like John. 795 00:37:13,239 --> 00:37:15,200 Speaker 2: They were both very good prime ministers. And I get 796 00:37:15,239 --> 00:37:17,399 Speaker 2: the basic explanation. They were marking the end of World 797 00:37:17,400 --> 00:37:22,160 Speaker 2: War two, but were the Chinese? Not really so optics 798 00:37:22,200 --> 00:37:24,400 Speaker 2: are important and I think they might have got the 799 00:37:24,440 --> 00:37:27,399 Speaker 2: optics wrong. Fifteen past the. 800 00:37:27,400 --> 00:37:31,839 Speaker 1: High Asking Breakfast Full Show podcast on iHeartRadio powered by 801 00:37:31,880 --> 00:37:33,680 Speaker 1: News Talks at b Right. 802 00:37:33,760 --> 00:37:36,080 Speaker 2: Eighteen past seven, another step closer to our two new 803 00:37:36,080 --> 00:37:38,800 Speaker 2: inter Island fairies. Shipyard's been selected. We've got a price, 804 00:37:38,840 --> 00:37:41,600 Speaker 2: I think in a timeframe deal. The ink needs to 805 00:37:41,600 --> 00:37:44,160 Speaker 2: be put on some paperwork somewhere. Chris McKenzie's the chair 806 00:37:44,200 --> 00:37:47,600 Speaker 2: of Faery Holdings and is with us Chris Morning. As 807 00:37:47,640 --> 00:37:51,080 Speaker 2: a process smooth sailing, no pun intended or not. 808 00:37:52,840 --> 00:37:57,040 Speaker 16: It has been smooth sailing, but it has been a 809 00:37:57,080 --> 00:38:01,080 Speaker 16: fairly concentrated process with because of the timeline of twenty 810 00:38:01,120 --> 00:38:04,520 Speaker 16: twenty nine. We've had to push the staff and the 811 00:38:04,520 --> 00:38:08,960 Speaker 16: shipyards quite hard, but it has all gone very well 812 00:38:09,040 --> 00:38:09,800 Speaker 16: up to this point. 813 00:38:09,960 --> 00:38:12,560 Speaker 2: In going to the world with a deal like this, 814 00:38:12,600 --> 00:38:14,319 Speaker 2: are there plenty of people who are keen or will 815 00:38:14,360 --> 00:38:15,120 Speaker 2: we small beer? 816 00:38:16,680 --> 00:38:16,759 Speaker 6: No? 817 00:38:17,120 --> 00:38:21,759 Speaker 16: We started off with over sixty yards, then came down 818 00:38:22,080 --> 00:38:25,799 Speaker 16: to fifteen to twelve and then the final six. And 819 00:38:25,840 --> 00:38:28,520 Speaker 16: the reason for the final six was. They were the 820 00:38:28,600 --> 00:38:31,160 Speaker 16: yards that gave us a very good guarantee that they 821 00:38:31,160 --> 00:38:33,600 Speaker 16: could have the two ships by twenty twenty nine. 822 00:38:34,000 --> 00:38:37,280 Speaker 2: So where literally are we at on time frame and price? 823 00:38:37,440 --> 00:38:39,600 Speaker 2: Is that locked in? Or are we going down to 824 00:38:39,680 --> 00:38:40,799 Speaker 2: micro negotiating? 825 00:38:40,840 --> 00:38:44,520 Speaker 16: Now we have signed a letter. I signed a letter 826 00:38:44,560 --> 00:38:48,120 Speaker 16: of intent on Monday. We've had a response from the shipyard. 827 00:38:48,600 --> 00:38:52,480 Speaker 16: We now go into technical negotiations, even down to things 828 00:38:52,520 --> 00:38:56,400 Speaker 16: like where the toilets are located and so forth, and 829 00:38:56,560 --> 00:38:59,719 Speaker 16: those are to be completed and a contract will be 830 00:38:59,800 --> 00:39:04,120 Speaker 16: sold in November or December, which meets the deadline that 831 00:39:04,160 --> 00:39:06,760 Speaker 16: we had for the end of twenty twenty five. 832 00:39:07,200 --> 00:39:09,000 Speaker 2: Right. Compare it to a car. I don't know if 833 00:39:09,000 --> 00:39:10,840 Speaker 2: you know anything about cars. What have we bought? We 834 00:39:10,880 --> 00:39:12,759 Speaker 2: bought a Toyota Corolla? Have we bought a nine to 835 00:39:12,760 --> 00:39:14,120 Speaker 2: eleven Porsche? What have we bought? 836 00:39:15,560 --> 00:39:19,879 Speaker 16: I would say that we brought and Obecca. We've bought 837 00:39:19,880 --> 00:39:21,120 Speaker 16: a good solid. 838 00:39:20,760 --> 00:39:26,040 Speaker 2: Holden Holden, what Camara, Holden, Commodore, Holding Commodore. There you go. 839 00:39:26,160 --> 00:39:27,920 Speaker 2: I want to ask you lot, size, engine or manual 840 00:39:27,960 --> 00:39:30,000 Speaker 2: or automatic? But okay, we like it. So you're happy 841 00:39:30,040 --> 00:39:30,719 Speaker 2: with where we're at. 842 00:39:31,680 --> 00:39:33,920 Speaker 16: I am very happy with where we're at. I'm happy 843 00:39:33,920 --> 00:39:37,279 Speaker 16: with the discussion that we've had with the shipyards. You know, 844 00:39:37,320 --> 00:39:41,640 Speaker 16: we've had shipyards in four different countries. We've come down 845 00:39:41,760 --> 00:39:45,120 Speaker 16: to one and that will be announced at the time 846 00:39:45,160 --> 00:39:46,280 Speaker 16: that we signed the contract. 847 00:39:46,320 --> 00:39:48,640 Speaker 2: Appreciate your time very much, Chris. Chris mccanzi, who's the 848 00:39:48,719 --> 00:39:51,000 Speaker 2: chair of Ferry Holding's Greg Murphy, will have fallen off 849 00:39:51,000 --> 00:39:52,080 Speaker 2: this chair eating this breath. 850 00:39:51,920 --> 00:39:53,120 Speaker 8: So we're going to be able to get the parts 851 00:39:53,120 --> 00:39:53,239 Speaker 8: of it. 852 00:39:53,560 --> 00:39:56,320 Speaker 2: They bought a hold. They bought a hold in Commodore. 853 00:39:57,080 --> 00:40:00,239 Speaker 2: Let's talk about building up in Auckland and intensification in 854 00:40:00,239 --> 00:40:01,440 Speaker 2: a moment. Seven twenty. 855 00:40:03,160 --> 00:40:07,320 Speaker 1: The Mike Asking Breakfast Full Show podcast on Payheart Radio 856 00:40:07,640 --> 00:40:09,080 Speaker 1: powered by News Talks EPI. 857 00:40:11,200 --> 00:40:13,400 Speaker 2: Dave Ferguson of NERO. Are you gonna like him as 858 00:40:13,400 --> 00:40:15,200 Speaker 2: in New Zealand and San Francisco. We'll talk to him 859 00:40:15,200 --> 00:40:17,880 Speaker 2: after eight o'clock this morning. Now, something new and seriously 860 00:40:17,880 --> 00:40:19,520 Speaker 2: smart from Kiwibank. What do we got if you're a 861 00:40:19,560 --> 00:40:22,719 Speaker 2: small business owner? Check out quick Payplus. So this is 862 00:40:22,760 --> 00:40:26,080 Speaker 2: the latest business offering from Kiwibank. 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So it makes it easier for 872 00:40:50,560 --> 00:40:52,799 Speaker 2: business owners to see the benefits of quick Payplus for 873 00:40:52,840 --> 00:40:55,680 Speaker 2: themselves and Qeibank offering. By the way, no setup or 874 00:40:55,719 --> 00:40:58,720 Speaker 2: monthly user fees until jan of next year, so basically 875 00:40:58,800 --> 00:41:02,239 Speaker 2: get paid anywhere, any time with key Bank Quickpayplus on 876 00:41:02,360 --> 00:41:04,839 Speaker 2: the smartphone, fast, easier way to keep the old cash 877 00:41:04,840 --> 00:41:07,480 Speaker 2: flow moving and the admin low. So it's available now 878 00:41:07,520 --> 00:41:12,040 Speaker 2: search quick Keywi Bank Quickpay Plus, right Keywi Bank Quick 879 00:41:12,200 --> 00:41:16,840 Speaker 2: Pay Plus apply online and Keywi Bank Quickpay Plus are 880 00:41:16,880 --> 00:41:20,560 Speaker 2: the terms and conditions, Eligibility criteria, fees charges apply subject 881 00:41:20,600 --> 00:41:22,680 Speaker 2: to approval. Offerings by the way, the thirty first of 882 00:41:22,760 --> 00:41:26,759 Speaker 2: January twenty twenty sixth lasking se twenty four trouble with 883 00:41:26,920 --> 00:41:29,560 Speaker 2: change as apart from the fate we don't like it is. 884 00:41:29,640 --> 00:41:32,680 Speaker 2: It's essentially bad, and especially bad if we don't know 885 00:41:32,719 --> 00:41:33,160 Speaker 2: what it is. 886 00:41:33,160 --> 00:41:33,279 Speaker 9: Now. 887 00:41:33,320 --> 00:41:34,920 Speaker 2: The good news for real estate this week has been 888 00:41:34,960 --> 00:41:37,280 Speaker 2: the foreign buyers changes for visa holders of course, added 889 00:41:37,320 --> 00:41:39,040 Speaker 2: to that and we've had a series of interest rate 890 00:41:39,080 --> 00:41:41,759 Speaker 2: cuts with more to come. But but in a place 891 00:41:41,880 --> 00:41:45,279 Speaker 2: like Auckland, what do you buy and where see? There's 892 00:41:45,280 --> 00:41:47,719 Speaker 2: no small amount of banks currently over a new plan, 893 00:41:47,920 --> 00:41:50,360 Speaker 2: unitary plan and tenttification plan, draft plan, call it whatever 894 00:41:50,360 --> 00:41:52,480 Speaker 2: you want. The new plan came out of the government's 895 00:41:52,480 --> 00:41:54,880 Speaker 2: idea of having three houses three stories tall on a 896 00:41:54,880 --> 00:41:58,400 Speaker 2: regular section with no real clearance required. Auckland didn't want that, apparently, 897 00:41:58,760 --> 00:42:01,720 Speaker 2: so they were and allowed to make up their own. 898 00:42:01,920 --> 00:42:04,279 Speaker 2: So the answer, roughly at the moment, appears to be 899 00:42:04,920 --> 00:42:07,800 Speaker 2: high rise and a lot of it around public transport 900 00:42:07,880 --> 00:42:10,480 Speaker 2: hubs Q. The outrage Q, the upset, the questions, the 901 00:42:10,480 --> 00:42:13,040 Speaker 2: heated meetings. Now the new plan must be able to 902 00:42:13,080 --> 00:42:16,880 Speaker 2: accommodate two million new houses. Doesn't mean they'll actually turn up, 903 00:42:16,880 --> 00:42:19,840 Speaker 2: but it means to accommodate them. What this does to 904 00:42:19,920 --> 00:42:22,520 Speaker 2: a real estate market is very simple. It hobbles it, 905 00:42:22,880 --> 00:42:25,160 Speaker 2: especially at a time when none of the decisions are made, 906 00:42:25,360 --> 00:42:28,480 Speaker 2: or in any sort of concrete what neighborhood is affected? 907 00:42:28,640 --> 00:42:31,160 Speaker 2: Fair question? What part of that neighborhood? See, we looked 908 00:42:31,200 --> 00:42:33,879 Speaker 2: at a place the other day currently mixed use, next 909 00:42:33,880 --> 00:42:36,480 Speaker 2: door being commercial. Could be twenty seven stories tall. It's 910 00:42:36,520 --> 00:42:39,200 Speaker 2: not currently, but it could be another place. Nice view 911 00:42:39,200 --> 00:42:41,120 Speaker 2: of the harbor apart from the house in front. That 912 00:42:41,160 --> 00:42:43,879 Speaker 2: could be multi story. It isn't currently, but it could be. 913 00:42:44,160 --> 00:42:46,000 Speaker 2: You don't look at a house anymore. This is the problem. 914 00:42:46,000 --> 00:42:47,759 Speaker 2: You don't look at a house anymore. You look at 915 00:42:47,760 --> 00:42:50,239 Speaker 2: the house next door or behind it, or around it, 916 00:42:50,360 --> 00:42:52,239 Speaker 2: or down the street. What is it? What could it be? 917 00:42:52,320 --> 00:42:55,000 Speaker 2: A dunger that's ripe for future trouble, so you don't buy. 918 00:42:55,200 --> 00:42:59,400 Speaker 2: There's little in life to fire us up more potently 919 00:42:59,680 --> 00:43:03,240 Speaker 2: than our castle and its environs being meddled with. Making 920 00:43:03,280 --> 00:43:06,080 Speaker 2: it worse, specifically in a place like Auckland, is the 921 00:43:06,080 --> 00:43:08,200 Speaker 2: fact the place has been butchered by clowns. You wouldn't 922 00:43:08,200 --> 00:43:10,160 Speaker 2: trust these people to run your bar, far less the city. 923 00:43:10,280 --> 00:43:12,919 Speaker 2: So as we sit and wait and debate and get 924 00:43:12,960 --> 00:43:15,719 Speaker 2: tents and object and fume and worry, how many people 925 00:43:15,760 --> 00:43:17,840 Speaker 2: who are about to borrow or spend or shift or 926 00:43:17,840 --> 00:43:20,719 Speaker 2: expand or build in our second guessing themselves and in 927 00:43:20,800 --> 00:43:25,359 Speaker 2: second guessing doing nothing. Pasky, Mike, happy for our ex 928 00:43:25,360 --> 00:43:27,600 Speaker 2: prime ministers to share air with the Chinese leadership. We 929 00:43:27,640 --> 00:43:30,120 Speaker 2: need more informed dialogue between nations, not less. Not a 930 00:43:30,160 --> 00:43:32,839 Speaker 2: bad point, Key and Clark might know how to play 931 00:43:32,880 --> 00:43:36,360 Speaker 2: the game. Also not a bad point, Mike. Trump is 932 00:43:36,360 --> 00:43:39,440 Speaker 2: turning the US into a dictatorship. It's his way or 933 00:43:39,440 --> 00:43:41,520 Speaker 2: the highway. It's not a dictatorship. Are at a very 934 00:43:41,560 --> 00:43:43,160 Speaker 2: good piece to look it up if you can be bothered. 935 00:43:43,200 --> 00:43:46,120 Speaker 2: In the Financial Times, Ray a guy called Ray Dalio, 936 00:43:46,760 --> 00:43:50,040 Speaker 2: and he started a company called Bridgewater. He's a heavyweight 937 00:43:50,600 --> 00:43:54,040 Speaker 2: player in the money markets. He calls it an autocracy 938 00:43:54,560 --> 00:43:56,840 Speaker 2: and he cites history, looks back to the thirties. He 939 00:43:56,880 --> 00:44:01,080 Speaker 2: reckons it's a thirty style autocracy where the government suddenly 940 00:44:01,160 --> 00:44:04,239 Speaker 2: is involved in intel ten percent and we might buy 941 00:44:04,239 --> 00:44:05,760 Speaker 2: a bit of them and a bit of those people 942 00:44:05,760 --> 00:44:07,960 Speaker 2: over there, and oh you can you can export those 943 00:44:08,000 --> 00:44:10,200 Speaker 2: chips and video, but you are going to give us 944 00:44:10,239 --> 00:44:12,759 Speaker 2: twenty percent. It's that sort of style of government is 945 00:44:12,800 --> 00:44:15,360 Speaker 2: what you're seeing unfold in America at the moment. But 946 00:44:15,440 --> 00:44:18,320 Speaker 2: Ray Dalio is always worth listening to. The name rings 947 00:44:18,320 --> 00:44:23,400 Speaker 2: a bell right the aforementioned intensification angst worry David Seymour's 948 00:44:23,400 --> 00:44:25,359 Speaker 2: and Auckland MPI. So he's into it, we'll talk down 949 00:44:25,400 --> 00:44:26,080 Speaker 2: about it. Next. 950 00:44:27,400 --> 00:44:31,440 Speaker 1: Your source of breaking news, challenging opinion and honors facts, 951 00:44:31,719 --> 00:44:36,239 Speaker 1: the Mike Hosking Breakfast with Range Rover leading by example news. 952 00:44:36,280 --> 00:44:39,640 Speaker 2: Tog's dad b was an interesting keys in San Francisco. 953 00:44:39,760 --> 00:44:42,319 Speaker 2: The company is neuro and he's at the covering edge 954 00:44:42,400 --> 00:44:45,960 Speaker 2: of Dribler's Cars, robotic cars. And he used to work 955 00:44:46,000 --> 00:44:47,920 Speaker 2: with Weimo and Google and all of that before he 956 00:44:47,960 --> 00:44:49,960 Speaker 2: went out on his own. So we'll talk with him 957 00:44:50,000 --> 00:44:51,560 Speaker 2: up to ode o'clock mean time back here at twenty 958 00:44:51,600 --> 00:44:54,600 Speaker 2: three away hard to overstates have tried to just before 959 00:44:54,640 --> 00:44:56,800 Speaker 2: the news the sort of angst in Auckland at the 960 00:44:56,800 --> 00:44:59,120 Speaker 2: moment over this new intensification plan or draft plan or 961 00:44:59,160 --> 00:45:01,640 Speaker 2: whatever you want a court without boring the rest of 962 00:45:01,640 --> 00:45:03,640 Speaker 2: the country. The housing minister wants the potential for two 963 00:45:03,680 --> 00:45:07,200 Speaker 2: million more homes. People may not want to vote in 964 00:45:07,239 --> 00:45:09,080 Speaker 2: the local body elections, but you don't want to mess 965 00:45:09,080 --> 00:45:11,399 Speaker 2: with their backyard. Boy, you get them exercise. Then local 966 00:45:11,480 --> 00:45:14,360 Speaker 2: MP David Symour plans to lobby the Council around an 967 00:45:14,440 --> 00:45:17,319 Speaker 2: adequate infrastructure and poor developments and he's with us. Very 968 00:45:17,360 --> 00:45:18,000 Speaker 2: good morning to you. 969 00:45:18,719 --> 00:45:20,840 Speaker 12: Good morning mate, So do you speak to us. 970 00:45:20,640 --> 00:45:23,120 Speaker 2: This morning in your capacity as actively the Deputy Prime 971 00:45:23,120 --> 00:45:26,640 Speaker 2: Minister or MP for EPSOM. 972 00:45:25,520 --> 00:45:28,640 Speaker 17: Well primarily is MP for EPSOM, and that capacity, my 973 00:45:28,760 --> 00:45:33,719 Speaker 17: job is to ensure that the residents I represent in EPSOM, 974 00:45:33,920 --> 00:45:39,799 Speaker 17: Mount Eden, Newmarket, Parnell and Remuera suburbs have their interests 975 00:45:39,920 --> 00:45:44,480 Speaker 17: advocated for within the political process under the law, so 976 00:45:44,520 --> 00:45:48,080 Speaker 17: that everyone understands what's going on and that their views 977 00:45:48,080 --> 00:45:51,000 Speaker 17: are heard. And that's simply a job that I see 978 00:45:51,040 --> 00:45:55,239 Speaker 17: as my first and most important because while I represent 979 00:45:55,920 --> 00:45:58,040 Speaker 17: a lot of people on behalf of acts, and while 980 00:45:58,080 --> 00:46:00,960 Speaker 17: I minor to have some job in the governments of 981 00:46:01,000 --> 00:46:04,560 Speaker 17: New Zealand, it's the people in the EPSOM Electric who 982 00:46:04,640 --> 00:46:05,920 Speaker 17: gave me the ticket to attend. 983 00:46:06,160 --> 00:46:09,560 Speaker 2: What would your assessment of the level of Angston Auckland 984 00:46:09,640 --> 00:46:14,239 Speaker 2: be and are other Auckland MPs as active on this 985 00:46:14,320 --> 00:46:14,799 Speaker 2: as you are. 986 00:46:16,000 --> 00:46:19,160 Speaker 17: I'm aware that other Auckland MPs are getting feedback, in 987 00:46:19,200 --> 00:46:23,600 Speaker 17: some cases voluminous feedback on this issue. Frankly, I don't 988 00:46:23,680 --> 00:46:25,920 Speaker 17: believe it's as strong as it could be because of 989 00:46:25,960 --> 00:46:29,799 Speaker 17: the way that the Auckland Council has behaved. In order 990 00:46:29,880 --> 00:46:32,760 Speaker 17: to find the maps of how the zoning will change, 991 00:46:32,840 --> 00:46:36,160 Speaker 17: whether your neighborhood will be zoned for up to fifty 992 00:46:36,280 --> 00:46:40,560 Speaker 17: meter towers or just have its zoning changed from one 993 00:46:40,840 --> 00:46:44,480 Speaker 17: existing Auckland zone to another. In order to find those maps, 994 00:46:44,480 --> 00:46:47,040 Speaker 17: you actually have to go into the section of the 995 00:46:47,040 --> 00:46:50,680 Speaker 17: Auckland Council website where they keep the minutes of the meetings. 996 00:46:50,960 --> 00:46:54,040 Speaker 17: Then you've got to go to the Special Planning Committee's minutes. 997 00:46:54,080 --> 00:46:57,240 Speaker 17: Then you've got to plow through that to download these images. 998 00:46:57,280 --> 00:47:00,359 Speaker 17: Now I talk to people at the Herald who that 999 00:47:00,440 --> 00:47:04,840 Speaker 17: the most read story on their page last week was 1000 00:47:04,880 --> 00:47:07,520 Speaker 17: about this topic. But if you go to the Auckland 1001 00:47:07,600 --> 00:47:10,319 Speaker 17: Council website, the thing that people are most interested in 1002 00:47:10,680 --> 00:47:13,000 Speaker 17: as one of the most hidden things. So I suspect 1003 00:47:13,280 --> 00:47:16,799 Speaker 17: interesting as people get more information, they will take an 1004 00:47:16,840 --> 00:47:19,879 Speaker 17: interest in it. My challenge to Auckland Council is rate 1005 00:47:19,920 --> 00:47:23,040 Speaker 17: payers paid for these maps. You've been preparing them since 1006 00:47:23,120 --> 00:47:27,160 Speaker 17: April and then you release them after Parliament voted on 1007 00:47:27,200 --> 00:47:31,760 Speaker 17: the legislation, which you clearly knew was coming. But chose 1008 00:47:31,840 --> 00:47:36,200 Speaker 17: to prepare a plan that you used for your purposes, 1009 00:47:36,239 --> 00:47:38,520 Speaker 17: but not to inform public debate about. And I think 1010 00:47:38,560 --> 00:47:40,400 Speaker 17: that as Shane fall, they should put it on the 1011 00:47:40,400 --> 00:47:41,840 Speaker 17: front page of the website this morning. 1012 00:47:41,880 --> 00:47:43,880 Speaker 2: Which is the really interesting thing for a person like 1013 00:47:43,920 --> 00:47:46,000 Speaker 2: me is trying to sort of wait and stand in 1014 00:47:46,000 --> 00:47:47,440 Speaker 2: the middle of all of this is this is the 1015 00:47:47,440 --> 00:47:50,080 Speaker 2: interface between local government and central government. It is central 1016 00:47:50,080 --> 00:47:53,040 Speaker 2: government who wants it. It's Chris Bishop who's pushing for this, 1017 00:47:53,600 --> 00:47:56,640 Speaker 2: and local government doesn't necessarily want this particular way, but 1018 00:47:56,680 --> 00:47:58,640 Speaker 2: they didn't want three houses of three stories on a 1019 00:47:58,680 --> 00:48:01,759 Speaker 2: six hundred square meet property of the Twain shall meet in. 1020 00:48:01,840 --> 00:48:03,920 Speaker 2: That is the angst, isn't it. 1021 00:48:05,120 --> 00:48:05,799 Speaker 12: Well, that's right. 1022 00:48:05,960 --> 00:48:07,759 Speaker 17: I mean not to go through all the history, and 1023 00:48:08,040 --> 00:48:10,720 Speaker 17: I'm conscious that there are non Auckland listeners on the shows, 1024 00:48:10,760 --> 00:48:14,440 Speaker 17: I apologize to them, but look, basically, you know, the 1025 00:48:14,480 --> 00:48:19,280 Speaker 17: medium density residential standard was a deal between the Labor 1026 00:48:19,320 --> 00:48:22,400 Speaker 17: government of the day and supported by the National Party 1027 00:48:22,440 --> 00:48:24,960 Speaker 17: in opposition that would have said you can build three 1028 00:48:25,000 --> 00:48:28,040 Speaker 17: three story houses basically every section in Auckland. 1029 00:48:28,440 --> 00:48:30,359 Speaker 12: I oppose that from the get go. I think that 1030 00:48:30,440 --> 00:48:30,920 Speaker 12: was mad. 1031 00:48:31,280 --> 00:48:35,120 Speaker 17: For example, we saw shortly after that agreement flooding and 1032 00:48:35,160 --> 00:48:37,920 Speaker 17: real damage and destruction across Auckland. All of those places 1033 00:48:37,920 --> 00:48:41,280 Speaker 17: and floodplains were deemed to have three three story houses 1034 00:48:41,320 --> 00:48:44,600 Speaker 17: on them. So we've defeated the MDRS. I'm pleased we've 1035 00:48:44,640 --> 00:48:49,440 Speaker 17: done that. The government has made a massive improvement on it. However, 1036 00:48:50,360 --> 00:48:52,719 Speaker 17: the plan that has been produced by Auckland Council, as 1037 00:48:52,800 --> 00:48:57,759 Speaker 17: Chris Bishop noted in his column this morning, that requires 1038 00:48:58,000 --> 00:49:03,200 Speaker 17: almost no greenfield develop all intensification. It requires half of 1039 00:49:03,280 --> 00:49:06,160 Speaker 17: Parnell to have fifty meter buildings. Now, I just make 1040 00:49:06,200 --> 00:49:08,359 Speaker 17: the point that you know to only two years ago 1041 00:49:08,400 --> 00:49:11,280 Speaker 17: that we had a building fall into a sinkhole because 1042 00:49:11,320 --> 00:49:15,000 Speaker 17: a one hundred and twenty year old brick sewer underneath 1043 00:49:15,360 --> 00:49:18,480 Speaker 17: Parnell imploded and everything fell down into it, and we 1044 00:49:18,520 --> 00:49:20,880 Speaker 17: had two years of fixing that up. So the idea 1045 00:49:20,880 --> 00:49:24,279 Speaker 17: you're going to intensify that rate there doesn't make sense. 1046 00:49:24,320 --> 00:49:27,839 Speaker 17: So we've got an improvement, but now we've got an 1047 00:49:27,880 --> 00:49:30,600 Speaker 17: obligation I think to make sure that we really go 1048 00:49:30,680 --> 00:49:33,680 Speaker 17: through this from an Auckland perspective and make sure that 1049 00:49:33,719 --> 00:49:38,040 Speaker 17: the plan actually makes sense in that Chris Bishop has 1050 00:49:38,120 --> 00:49:42,520 Speaker 17: the ultimate say, and I'm also rarely determined that someone 1051 00:49:42,640 --> 00:49:45,920 Speaker 17: I consider a very good friend and a very impressive 1052 00:49:45,960 --> 00:49:50,279 Speaker 17: politician doesn't get demonized for his role as some people 1053 00:49:50,360 --> 00:49:52,760 Speaker 17: are trying to do in Auckland. 1054 00:49:52,760 --> 00:49:55,479 Speaker 12: That would be wrong. And I actually agree with Chris 1055 00:49:55,480 --> 00:49:56,319 Speaker 12: about one other thing. 1056 00:49:57,120 --> 00:49:59,680 Speaker 17: If we want this country to work, then the next 1057 00:49:59,680 --> 00:50:04,120 Speaker 17: gen must believe that if you do all the right stuff, 1058 00:50:04,680 --> 00:50:07,600 Speaker 17: listen to your teacher, study, grow up, get a job, 1059 00:50:07,840 --> 00:50:10,480 Speaker 17: save your money carefully, then you will have a place 1060 00:50:10,520 --> 00:50:11,040 Speaker 17: of your own. 1061 00:50:11,440 --> 00:50:12,840 Speaker 12: As soon as you take away the. 1062 00:50:12,880 --> 00:50:16,640 Speaker 17: Ladders of opportunity to a property owning democracy, you get 1063 00:50:16,680 --> 00:50:19,520 Speaker 17: a generation who doesn't believe in that concept and you 1064 00:50:19,600 --> 00:50:21,960 Speaker 17: have big trouble. So we do need to make it 1065 00:50:22,000 --> 00:50:25,640 Speaker 17: easier to build a home, But what we absolutely cannot 1066 00:50:25,680 --> 00:50:31,239 Speaker 17: do is dis locate planning and infrastructure provision, which will 1067 00:50:31,320 --> 00:50:33,160 Speaker 17: lead to a total disaster. So it's a bit of 1068 00:50:33,200 --> 00:50:35,080 Speaker 17: water to go under this bridge. But I believe we'll 1069 00:50:35,080 --> 00:50:35,880 Speaker 17: get to a better place. 1070 00:50:35,920 --> 00:50:37,400 Speaker 2: Well, I hope you're right. Nice to talk to you. 1071 00:50:37,400 --> 00:50:40,280 Speaker 2: Appreciated David Simai. Let's call him the MP for EPSOM. 1072 00:50:40,320 --> 00:50:42,520 Speaker 2: On that particular one I think we mentioned a week ago, 1073 00:50:42,560 --> 00:50:44,520 Speaker 2: the Boss went along to his first ever a public 1074 00:50:44,600 --> 00:50:46,680 Speaker 2: meeting in a big church hall. In the church hall 1075 00:50:46,880 --> 00:50:50,239 Speaker 2: was because he suddenly he bought his house and he's 1076 00:50:50,239 --> 00:50:51,880 Speaker 2: looking next door and he sees the plan and the 1077 00:50:51,880 --> 00:50:53,880 Speaker 2: plan has got the multi story building next door, and 1078 00:50:53,920 --> 00:50:55,680 Speaker 2: he suddenly freaks out. And this is how this whole 1079 00:50:55,680 --> 00:50:57,600 Speaker 2: thing goes. He goes along to the public meeting first 1080 00:50:57,640 --> 00:51:00,200 Speaker 2: and his life place is packed. So there's the day. 1081 00:51:00,239 --> 00:51:03,319 Speaker 2: It's right this more where that came from? Seventeen too good? 1082 00:51:03,840 --> 00:51:08,160 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, pow 1083 00:51:08,239 --> 00:51:09,320 Speaker 1: ad by the News Talks. 1084 00:51:09,120 --> 00:51:09,360 Speaker 5: It be. 1085 00:51:11,280 --> 00:51:13,760 Speaker 2: Mike fully supported in terms of housing and the cities. However, 1086 00:51:14,000 --> 00:51:15,640 Speaker 2: where on earth did they get the number two million? 1087 00:51:15,680 --> 00:51:17,960 Speaker 2: Come from? Where it's not two million? This seems everyone 1088 00:51:18,000 --> 00:51:21,840 Speaker 2: seems confused about this. It's not about two million more houses. 1089 00:51:21,920 --> 00:51:25,800 Speaker 2: It's the ability to cope with potentially two million more houses. 1090 00:51:26,360 --> 00:51:30,160 Speaker 2: The Bishop article that seem more references in the Herald 1091 00:51:30,160 --> 00:51:32,080 Speaker 2: this morning. Speaking of the Herald, they've done the mapping. 1092 00:51:32,560 --> 00:51:36,160 Speaker 2: If you're interested in the mapping, you can have a 1093 00:51:36,160 --> 00:51:37,960 Speaker 2: look at that, and it said it's relatively easy to 1094 00:51:38,000 --> 00:51:40,040 Speaker 2: work through. Technically speaking, Mike, something like a third of 1095 00:51:40,080 --> 00:51:42,319 Speaker 2: the country lives in Auckland. Every time we have to 1096 00:51:42,320 --> 00:51:44,319 Speaker 2: talk about an issue here, you apologize to the rest 1097 00:51:44,320 --> 00:51:46,480 Speaker 2: of the country. I neihverhood. You apologize to Auckland as 1098 00:51:46,560 --> 00:51:48,839 Speaker 2: every time you focus on issues outside of the region. Well, 1099 00:51:49,080 --> 00:51:50,640 Speaker 2: to be fair to the program, I walk a very 1100 00:51:50,640 --> 00:51:53,239 Speaker 2: fine line. The difficulty of a national program is that 1101 00:51:53,280 --> 00:51:55,600 Speaker 2: there are pockets of interest in different parts of the 1102 00:51:55,600 --> 00:51:58,080 Speaker 2: country depending on the circumstances. And to be also fair, 1103 00:51:58,120 --> 00:52:03,000 Speaker 2: we don't often focus on individual issues in regions like 1104 00:52:03,120 --> 00:52:04,640 Speaker 2: you know, the last I can't remember the last time 1105 00:52:04,640 --> 00:52:08,399 Speaker 2: we talked about the West Coast specifically. So Auckland does 1106 00:52:08,600 --> 00:52:12,440 Speaker 2: buy its sheer size get some more attention than other places. 1107 00:52:13,480 --> 00:52:16,680 Speaker 2: But and I'm just very aware that if you're sitting 1108 00:52:16,680 --> 00:52:18,640 Speaker 2: in to Mauru this morning on Nelson, you're probably not 1109 00:52:18,680 --> 00:52:20,200 Speaker 2: that grip by Auckland. So I'm just trying to be 1110 00:52:20,239 --> 00:52:21,080 Speaker 2: the nice guy about it. 1111 00:52:21,120 --> 00:52:23,600 Speaker 8: And obviously the stuff in Wellington's is just funny. 1112 00:52:24,040 --> 00:52:26,680 Speaker 2: Well, speaking of Wellington, let me introduce a little Wellington topic. 1113 00:52:26,680 --> 00:52:28,839 Speaker 2: Poll out yesterday Andrew Little's leading. It's one of those 1114 00:52:28,840 --> 00:52:32,279 Speaker 2: weird polls where it says absolutely nothing. I'm overpolling. I'm 1115 00:52:32,280 --> 00:52:32,960 Speaker 2: sick of polling. 1116 00:52:34,520 --> 00:52:35,279 Speaker 8: Shall we ban it? 1117 00:52:35,719 --> 00:52:37,480 Speaker 2: No, we shouldn't ban it. I mean, if people want 1118 00:52:37,520 --> 00:52:39,040 Speaker 2: to spend money on polling, let them do it. 1119 00:52:39,040 --> 00:52:40,120 Speaker 8: But yeah, I mean on the show. 1120 00:52:40,680 --> 00:52:43,520 Speaker 2: Yeah maybe maybe I'm pretty close to it, to be honest. 1121 00:52:43,600 --> 00:52:45,280 Speaker 8: Allowed it like three months out from election. 1122 00:52:45,400 --> 00:52:47,680 Speaker 2: Yeah, maybe we should have an election rules because yesterday 1123 00:52:47,719 --> 00:52:49,799 Speaker 2: is there are more people undecided than there are for 1124 00:52:49,880 --> 00:52:52,160 Speaker 2: Andrew Little, who's the most popular candidate in the race. 1125 00:52:52,760 --> 00:52:55,800 Speaker 2: As for those numbers in the Tanucky by election, three thousand, 1126 00:52:55,880 --> 00:52:57,680 Speaker 2: seven hundred out of forty four thousand, I mean, are 1127 00:52:57,719 --> 00:53:02,239 Speaker 2: you serious? Is that really disinterested? You are? What the 1128 00:53:02,280 --> 00:53:05,560 Speaker 2: hell's the point of being enrolled if you can't literally 1129 00:53:05,640 --> 00:53:09,720 Speaker 2: haul your ass out and vote when you have the opportunity. Anyway, 1130 00:53:09,760 --> 00:53:12,840 Speaker 2: So Little's thirty percent and he leads, but forty percent 1131 00:53:12,880 --> 00:53:17,400 Speaker 2: are undecided. Are they undecided or they just can't be bothered? Anyway? 1132 00:53:17,480 --> 00:53:20,440 Speaker 2: So that was a poll out yesterday, and I assumed 1133 00:53:20,440 --> 00:53:25,800 Speaker 2: he was going to win, and win easily. That's my poll. 1134 00:53:26,280 --> 00:53:28,080 Speaker 2: A couple of court cases, by the way, just quickly 1135 00:53:28,080 --> 00:53:30,040 Speaker 2: say you're up to speak. So Google, I didn't follow 1136 00:53:30,080 --> 00:53:33,399 Speaker 2: this with the microscope, but I followed it close enough 1137 00:53:33,440 --> 00:53:36,560 Speaker 2: to think to myself that I reckon Google were going 1138 00:53:36,640 --> 00:53:39,560 Speaker 2: to lose Chrome but they didn't, and I reckon that's 1139 00:53:39,560 --> 00:53:42,239 Speaker 2: probably one of the bigger judicial stories globally this week. 1140 00:53:42,280 --> 00:53:47,160 Speaker 2: They get to hold Chrome plaintives overreached and seeking forced 1141 00:53:47,160 --> 00:53:51,560 Speaker 2: a vestiture of these key assets which Google did not 1142 00:53:51,760 --> 00:53:55,560 Speaker 2: use to affect any illegal constraints. So I think the 1143 00:53:55,680 --> 00:53:59,120 Speaker 2: key word there is illegal as opposed to highly dodgy. 1144 00:54:00,480 --> 00:54:04,480 Speaker 2: Fox are being sued this morning by Newsmax. This is ridiculous. 1145 00:54:04,520 --> 00:54:09,880 Speaker 2: Newsmax are arguing that Fox has repressed them or suppressed 1146 00:54:09,880 --> 00:54:12,120 Speaker 2: them sort of I think, not dissimilar to how we 1147 00:54:12,200 --> 00:54:17,880 Speaker 2: suppress Morning Report. But for Fox's anti competitive behavior, Newsmax 1148 00:54:17,920 --> 00:54:21,120 Speaker 2: would have achieved greater PATV distribution, seen its audience and 1149 00:54:21,239 --> 00:54:25,319 Speaker 2: ratings grow sooner, gained earlier critical mass for major advertisers, 1150 00:54:25,320 --> 00:54:27,560 Speaker 2: and become over all the more valuable media company. Now 1151 00:54:27,600 --> 00:54:30,400 Speaker 2: they don't explain how that's happened other than Fox turning 1152 00:54:30,480 --> 00:54:32,239 Speaker 2: up each day and doing quite a good program that 1153 00:54:32,280 --> 00:54:37,560 Speaker 2: people like. Sort of like this, jeez, the moment you 1154 00:54:37,600 --> 00:54:40,400 Speaker 2: get sued for success and I'm counting for Zip for 1155 00:54:40,440 --> 00:54:45,040 Speaker 2: Trump this week in court because the FTC commissioner she 1156 00:54:45,160 --> 00:54:48,600 Speaker 2: won yesterday. Her name Slaughter, Rebecca Slaughter, so she's in 1157 00:54:48,640 --> 00:54:51,000 Speaker 2: the Appeals Court. She's one of the people that Trump 1158 00:54:51,120 --> 00:54:54,839 Speaker 2: sacked lowered. District Court ordered a reinstatement. This is back 1159 00:54:54,840 --> 00:54:58,279 Speaker 2: in July. Justice Department got an emergency stay for the 1160 00:54:58,320 --> 00:55:01,040 Speaker 2: appeals court that temporarily blocked that. But then in the 1161 00:55:01,040 --> 00:55:02,680 Speaker 2: Appeals Court yesterday it was two to one, so it 1162 00:55:02,680 --> 00:55:05,960 Speaker 2: wasn't unanimous. Two to one. They denied Trump the right 1163 00:55:06,040 --> 00:55:08,239 Speaker 2: to request a speed up of the appeals process. But 1164 00:55:08,280 --> 00:55:10,759 Speaker 2: he lost so so far this week, Captain, tell me 1165 00:55:10,800 --> 00:55:13,279 Speaker 2: I'm wrong. He's lost on the migrants. This is the 1166 00:55:13,280 --> 00:55:16,279 Speaker 2: Guatemala case. He's been held up on that. He's been 1167 00:55:16,280 --> 00:55:21,200 Speaker 2: held up on firings the National Guards illegal and of 1168 00:55:21,200 --> 00:55:23,520 Speaker 2: course most importantly of all, the tariffs. And I was 1169 00:55:23,560 --> 00:55:25,759 Speaker 2: reading a very interesting article. If he loses at the 1170 00:55:25,760 --> 00:55:28,719 Speaker 2: Supreme Court on tariffs, the check they're going to have 1171 00:55:28,800 --> 00:55:32,759 Speaker 2: to write every business person in America is going to bankrupted. 1172 00:55:33,480 --> 00:55:38,000 Speaker 1: Tay the make Hosking Breakfast with Bailey's Real Estate News 1173 00:55:38,080 --> 00:55:38,840 Speaker 1: tog zedb. 1174 00:55:38,760 --> 00:55:40,360 Speaker 2: Blidows seven away from it. The beer is still to 1175 00:55:40,400 --> 00:55:42,760 Speaker 2: be poured for another day. Brewers Garage Project have stepped 1176 00:55:42,760 --> 00:55:45,480 Speaker 2: into say Fortune Favors from closure, Fortune Favors or a 1177 00:55:45,520 --> 00:55:48,320 Speaker 2: forty five percent drop in revenue, costs were up, and 1178 00:55:48,520 --> 00:55:50,600 Speaker 2: awards don't pay the bill, so it was over until 1179 00:55:50,640 --> 00:55:53,160 Speaker 2: it wasn't. Pet Llsbie is the founder of Garage Project 1180 00:55:53,280 --> 00:55:54,399 Speaker 2: and as well, there's Pete morning. 1181 00:55:55,520 --> 00:55:56,920 Speaker 18: What I know, how are you making very well? 1182 00:55:56,960 --> 00:55:59,480 Speaker 2: Indeed, the state of craft beer generally as you see 1183 00:55:59,520 --> 00:55:59,800 Speaker 2: it is. 1184 00:56:01,360 --> 00:56:04,480 Speaker 18: Oh, it's been tough. I mean, it's just shows. I mean, 1185 00:56:04,960 --> 00:56:08,920 Speaker 18: Fortune Favors did an incredible job setting up like a 1186 00:56:09,120 --> 00:56:11,960 Speaker 18: really cool little venue in the heart of Wellington. You 1187 00:56:12,040 --> 00:56:14,239 Speaker 18: couldn't find a better place to have a beer on 1188 00:56:14,360 --> 00:56:16,920 Speaker 18: one of the five nice days we haven't Wellington. And 1189 00:56:17,040 --> 00:56:20,920 Speaker 18: yet still you know, it's still this has happened. I 1190 00:56:21,000 --> 00:56:23,000 Speaker 18: think it's just tough. Tough for them, tough for all 1191 00:56:23,120 --> 00:56:24,000 Speaker 18: venues in Wellington. 1192 00:56:24,200 --> 00:56:25,919 Speaker 2: Well, what have you got that they haven't? 1193 00:56:25,960 --> 00:56:26,120 Speaker 6: Then? 1194 00:56:26,160 --> 00:56:27,200 Speaker 2: How come you want to step in? 1195 00:56:28,800 --> 00:56:28,960 Speaker 6: Oh? 1196 00:56:29,160 --> 00:56:31,600 Speaker 18: Look, honestly, Mike, it is like I said, they did 1197 00:56:31,719 --> 00:56:34,520 Speaker 18: such an incredible job of that space. It would just 1198 00:56:34,640 --> 00:56:37,239 Speaker 18: be a crime to see everything ripped out of there. 1199 00:56:38,440 --> 00:56:42,359 Speaker 18: I don't know what have we got, Probably more optimism 1200 00:56:42,600 --> 00:56:45,560 Speaker 18: than maybe we should, but I just feel like, I 1201 00:56:45,600 --> 00:56:47,040 Speaker 18: don't know, it's worth doubling down. 1202 00:56:47,080 --> 00:56:49,640 Speaker 2: All this is an altruistic thing. On your This is 1203 00:56:49,680 --> 00:56:52,080 Speaker 2: an emotional decision on your part, opposed to the cold 1204 00:56:52,120 --> 00:56:52,680 Speaker 2: hard numbers. 1205 00:56:53,560 --> 00:56:53,759 Speaker 5: Ah. 1206 00:56:54,200 --> 00:56:56,160 Speaker 18: I mean, look, we wouldn't do it if we didn't 1207 00:56:56,160 --> 00:56:59,280 Speaker 18: think we could pull it off. I mean there's definitely 1208 00:56:59,320 --> 00:57:02,320 Speaker 18: an emotional element. I mean, I love Wellington, Mic. I 1209 00:57:02,360 --> 00:57:04,120 Speaker 18: think it's really cool. I mean, I know it's a 1210 00:57:04,160 --> 00:57:07,239 Speaker 18: bit shit in places, but really I really want to 1211 00:57:07,320 --> 00:57:09,520 Speaker 18: double down on it. I mean, we're doing this. We're 1212 00:57:09,600 --> 00:57:12,640 Speaker 18: partnering with Bill Bailey down at the Pavilion as well. 1213 00:57:13,320 --> 00:57:15,560 Speaker 18: I mean, I don't know, maybe it's a moment we 1214 00:57:15,600 --> 00:57:16,479 Speaker 18: could turn things around. 1215 00:57:16,680 --> 00:57:18,840 Speaker 2: Well, let us hope. So that's why I'm arguing. I'm 1216 00:57:18,880 --> 00:57:21,080 Speaker 2: wondering if you've got the bank balance to hold it 1217 00:57:21,280 --> 00:57:25,200 Speaker 2: until the un till the rising tide lifts everybody. 1218 00:57:26,360 --> 00:57:28,640 Speaker 18: Yes, well, I mean obviously this is one of the things, 1219 00:57:28,680 --> 00:57:30,400 Speaker 18: isn't it. I Mean we have a little tap room 1220 00:57:30,480 --> 00:57:32,440 Speaker 18: up at Arto. I mean it's tiny, it's like a 1221 00:57:32,600 --> 00:57:34,800 Speaker 18: it's like a sort of storage cupboard where you can 1222 00:57:34,840 --> 00:57:37,960 Speaker 18: go and have a beer. So we've got obviously a 1223 00:57:38,080 --> 00:57:42,360 Speaker 18: brewery behind us. We sell into supermarkets as well. Hopefully 1224 00:57:42,440 --> 00:57:45,120 Speaker 18: we've got enough stretch to build a buffer and make 1225 00:57:45,200 --> 00:57:47,280 Speaker 18: this work and like I said, I mean it is 1226 00:57:47,440 --> 00:57:49,800 Speaker 18: on those on those few sunny days in Wellington. I 1227 00:57:49,880 --> 00:57:52,000 Speaker 18: cannot think of a place I'd rather sit and have 1228 00:57:52,040 --> 00:57:54,960 Speaker 18: a beer than on that deck there. So yeah, it'd 1229 00:57:55,000 --> 00:57:55,640 Speaker 18: be nice to make that. 1230 00:57:55,840 --> 00:57:58,640 Speaker 2: Give me thirty seconds on zero or low alcohol beer. 1231 00:57:58,760 --> 00:57:59,760 Speaker 2: Is it going off or not? 1232 00:58:01,560 --> 00:58:01,760 Speaker 4: Yeah? 1233 00:58:02,000 --> 00:58:05,960 Speaker 18: Absolutely, I mean it's now our number one selling six pack. 1234 00:58:06,120 --> 00:58:09,720 Speaker 18: Tiny is huge. I'd love to say Mike that we 1235 00:58:09,840 --> 00:58:11,880 Speaker 18: saw it coming and we're very clever, But to be 1236 00:58:11,960 --> 00:58:14,680 Speaker 18: absolutely honest, I mean we just had a stab at 1237 00:58:14,760 --> 00:58:17,800 Speaker 18: making Tiny. It seemed I'd tried a lot of the 1238 00:58:17,840 --> 00:58:20,320 Speaker 18: other non alcohol beers that were available at the time, 1239 00:58:20,440 --> 00:58:23,600 Speaker 18: and I mean, honestly, some of them were rubbish. I 1240 00:58:23,800 --> 00:58:25,919 Speaker 18: really felt like we could crack something with a little 1241 00:58:25,920 --> 00:58:27,880 Speaker 18: bit more flavor. So we made Tiny and we just 1242 00:58:28,480 --> 00:58:30,959 Speaker 18: happened to be there at the right moment and caught 1243 00:58:31,000 --> 00:58:33,720 Speaker 18: that wave. It's interesting where it's come from. Is it 1244 00:58:33,880 --> 00:58:37,280 Speaker 18: just that we all sat at home during COVID and 1245 00:58:37,400 --> 00:58:40,760 Speaker 18: maybe over indulged and this is us swinging back the 1246 00:58:40,840 --> 00:58:41,200 Speaker 18: other way? 1247 00:58:42,760 --> 00:58:43,440 Speaker 1: Yeah, I don't know. 1248 00:58:43,720 --> 00:58:45,200 Speaker 2: All right, mate, We'll go well with the bar and 1249 00:58:45,640 --> 00:58:49,280 Speaker 2: good luck with the Tiny, And I love talking about 1250 00:58:49,320 --> 00:58:51,440 Speaker 2: I found myself talking a lot about beer this week, 1251 00:58:51,480 --> 00:58:54,760 Speaker 2: and I find myself enjoying that experience. Peat Gillespie out 1252 00:58:54,800 --> 00:58:57,520 Speaker 2: of garage, project News from just a couple of moments, 1253 00:58:57,560 --> 00:58:59,600 Speaker 2: then a New Zealander You love. 1254 00:59:01,680 --> 00:59:06,440 Speaker 1: The news and the newsmakers, the Mic Hosking Breakfast with 1255 00:59:06,720 --> 00:59:10,160 Speaker 1: Bailey's Real Estate covering all your real estate needs News 1256 00:59:10,240 --> 00:59:11,600 Speaker 1: togs Head, Ben. 1257 00:59:11,200 --> 00:59:13,240 Speaker 2: Passed right, Let's meet a cube at the cutting edge 1258 00:59:13,240 --> 00:59:15,880 Speaker 2: of the robotics and self driving car game. Dave Ferguson. 1259 00:59:15,960 --> 00:59:18,280 Speaker 2: He left Google, where he was working for Waimo to 1260 00:59:18,320 --> 00:59:20,920 Speaker 2: set up his own company, Neuro. Their capital rays involved 1261 00:59:20,960 --> 00:59:23,520 Speaker 2: in Lydia, No Less and Uber as well as New 1262 00:59:23,560 --> 00:59:26,240 Speaker 2: Zealand's ice House ventures. Now Neuro's value these days at 1263 00:59:26,280 --> 00:59:29,080 Speaker 2: over ten billion New Zealand dollars a day. Ferguson's with 1264 00:59:29,200 --> 00:59:32,160 Speaker 2: us out of San Francisco. Good morning, Thanks Mike, Good 1265 00:59:32,200 --> 00:59:34,880 Speaker 2: to be here. At what stage is Neuro at in 1266 00:59:35,000 --> 00:59:37,880 Speaker 2: terms of delivery, the capital, raise, the money out there, 1267 00:59:37,960 --> 00:59:39,120 Speaker 2: access to it, et cetera. 1268 00:59:40,720 --> 00:59:43,480 Speaker 6: Well, we've raised just over two billion dollars, so in 1269 00:59:43,600 --> 00:59:46,920 Speaker 6: terms of capital Rays, I think we've done pretty well. Overall. 1270 00:59:46,960 --> 00:59:50,480 Speaker 6: We're nine years into our journey and we very recently 1271 00:59:50,680 --> 00:59:53,880 Speaker 6: signed a pretty big commercial deal with Uber where we're 1272 00:59:53,880 --> 00:59:57,400 Speaker 6: going to be building a robotaxi. That Robotaxi will launch 1273 00:59:57,600 --> 00:59:59,160 Speaker 6: at the end of twenty twenty six. 1274 01:00:00,320 --> 01:00:03,000 Speaker 2: As far as the capitalizer is concerned, the names like 1275 01:00:03,200 --> 01:00:07,400 Speaker 2: Uber and Nvidia, how much of that name association is 1276 01:00:07,480 --> 01:00:08,760 Speaker 2: important to what you do. 1277 01:00:10,640 --> 01:00:13,960 Speaker 6: Well? I think for us, it's more the strategic partnership 1278 01:00:14,640 --> 01:00:18,360 Speaker 6: that is part of the investment that they're making that 1279 01:00:18,760 --> 01:00:21,840 Speaker 6: is important. So it's not so much the name, but 1280 01:00:22,640 --> 01:00:24,720 Speaker 6: rather what we're doing together. 1281 01:00:25,800 --> 01:00:28,160 Speaker 2: When you were working with Google and Waimo, I mean, 1282 01:00:28,280 --> 01:00:30,480 Speaker 2: was it always your intention to go out and do 1283 01:00:30,600 --> 01:00:31,440 Speaker 2: your own thing or No? 1284 01:00:32,880 --> 01:00:36,160 Speaker 6: No, absolutely not. Actually I loved working at Google, and 1285 01:00:36,720 --> 01:00:38,840 Speaker 6: my co founder and I worked together there. We met 1286 01:00:38,920 --> 01:00:43,400 Speaker 6: at Google and we worked together for about five years 1287 01:00:43,600 --> 01:00:46,720 Speaker 6: before deciding to branch out on our own and starting neuro. 1288 01:00:46,880 --> 01:00:50,240 Speaker 6: I think I was probably a reluctant entrepreneur. It wasn't 1289 01:00:50,320 --> 01:00:53,320 Speaker 6: something that I'd ever planned, but we were very excited 1290 01:00:53,320 --> 01:00:56,680 Speaker 6: about the potential role we could have really working on 1291 01:00:56,800 --> 01:01:00,320 Speaker 6: robotics generally, not so much self driving in particular, but 1292 01:01:00,720 --> 01:01:03,160 Speaker 6: this has become the first application that we're working on. 1293 01:01:03,600 --> 01:01:05,680 Speaker 2: What do you make of self driving as a concept. 1294 01:01:05,760 --> 01:01:08,440 Speaker 2: I read obsurvey the other day that I can't even 1295 01:01:08,480 --> 01:01:11,000 Speaker 2: remember who did it, But as far as Tesla specifically 1296 01:01:11,200 --> 01:01:15,000 Speaker 2: was concerned, only fourteen percent of people thought that the 1297 01:01:15,120 --> 01:01:18,480 Speaker 2: ability to be driven would attract you to a brand. 1298 01:01:18,640 --> 01:01:21,200 Speaker 2: Is that something you need to battle or change? 1299 01:01:23,160 --> 01:01:26,640 Speaker 6: I think personally, I think it's a terrible idea. That's 1300 01:01:26,680 --> 01:01:30,120 Speaker 6: why I've devoted much of my career towards it. Look 1301 01:01:30,400 --> 01:01:33,880 Speaker 6: I think that the safety benefits that we're going to get, 1302 01:01:34,240 --> 01:01:38,400 Speaker 6: the improvement and access, the sustainability, the economic benefits, the 1303 01:01:38,520 --> 01:01:43,280 Speaker 6: time back, it's going to be an incredible product, and 1304 01:01:43,320 --> 01:01:45,960 Speaker 6: I think in a pretty incredible part of society long term. 1305 01:01:46,520 --> 01:01:50,400 Speaker 6: I do think that there is a journey that we 1306 01:01:50,520 --> 01:01:53,320 Speaker 6: need to go on together with the public around acceptance. 1307 01:01:54,040 --> 01:01:57,360 Speaker 6: But I can say that almost everyone that I've ever 1308 01:01:57,520 --> 01:01:59,520 Speaker 6: known who has been in a way Moat, which is 1309 01:01:59,600 --> 01:02:02,760 Speaker 6: the only fully self driving vehicle, you know, Tesla is 1310 01:02:02,880 --> 01:02:05,840 Speaker 6: just a driver assistant system right now. Everyone that's been 1311 01:02:05,880 --> 01:02:09,480 Speaker 6: in a Weimo in San Francisco absolutely loves it. And 1312 01:02:09,920 --> 01:02:14,800 Speaker 6: if they were skeptics beforehand, they're converts almost immediately after the. 1313 01:02:14,960 --> 01:02:18,320 Speaker 2: Journey of Weimo. Just in terms of robotaxis, where they 1314 01:02:18,440 --> 01:02:20,920 Speaker 2: do it in what cities and jurisdictions in America? The 1315 01:02:21,000 --> 01:02:24,400 Speaker 2: trials the rules of regulations. Has that been slower than 1316 01:02:24,440 --> 01:02:25,160 Speaker 2: you would have liked? 1317 01:02:26,880 --> 01:02:30,680 Speaker 6: I think from a regulatory perspective, it's been about as expected. 1318 01:02:31,600 --> 01:02:35,240 Speaker 6: The challenge with the states is that the federal government 1319 01:02:35,320 --> 01:02:39,880 Speaker 6: regulates vehicles and each state regulates drivers. So when you 1320 01:02:39,960 --> 01:02:42,800 Speaker 6: have a self driving vehicle, you have both the vehicle 1321 01:02:42,840 --> 01:02:44,720 Speaker 6: and the driver in one and so you have to 1322 01:02:44,840 --> 01:02:48,120 Speaker 6: deal with regulations on both the federal and state level, 1323 01:02:48,200 --> 01:02:50,600 Speaker 6: and so that becomes a little bit more complicated. But 1324 01:02:50,720 --> 01:02:53,520 Speaker 6: there are a number of states, including California, where you 1325 01:02:53,640 --> 01:02:57,400 Speaker 6: can do full driverless operation, and those are obviously the 1326 01:02:57,440 --> 01:02:59,880 Speaker 6: first states that companies are expanding it. 1327 01:03:00,280 --> 01:03:02,440 Speaker 2: What's the issue the biggest issue you face is it 1328 01:03:02,520 --> 01:03:03,800 Speaker 2: the tech or is it government? 1329 01:03:05,560 --> 01:03:08,160 Speaker 6: I think for now it's still the tech. I think 1330 01:03:08,200 --> 01:03:13,000 Speaker 6: Waymover has proven that it's possible to build incredibly safe technology, 1331 01:03:13,160 --> 01:03:16,320 Speaker 6: and I think we have two through the driverless deployments 1332 01:03:16,360 --> 01:03:19,680 Speaker 6: that we've made as a company. But there's still a 1333 01:03:19,760 --> 01:03:23,600 Speaker 6: pretty significant challenge in scaling that tech, particularly in a 1334 01:03:23,960 --> 01:03:27,960 Speaker 6: very economically feasible way, basically doing it fast enough and 1335 01:03:28,120 --> 01:03:28,600 Speaker 6: cheap enough. 1336 01:03:29,280 --> 01:03:32,560 Speaker 2: It strikes me that if you're in certain areas of life. 1337 01:03:32,640 --> 01:03:35,800 Speaker 2: Chips is one, your area is another. There's a lot 1338 01:03:35,880 --> 01:03:38,120 Speaker 2: of money out there to be grabbed if you want it. 1339 01:03:38,280 --> 01:03:39,080 Speaker 2: Is that fair or not. 1340 01:03:40,600 --> 01:03:43,600 Speaker 6: I think the autonomous vehicle industry has had a tough 1341 01:03:43,680 --> 01:03:46,440 Speaker 6: couple of years, to be honest, Mike. We've seen almost 1342 01:03:46,680 --> 01:03:51,040 Speaker 6: every company shut down that was working in their space 1343 01:03:51,080 --> 01:03:54,000 Speaker 6: about three years ago, including some of the biggest companies 1344 01:03:54,040 --> 01:03:55,920 Speaker 6: in the world, like Uber had their own effort that 1345 01:03:56,000 --> 01:03:59,320 Speaker 6: shut down. Apple had their own internal effort that shut down. 1346 01:04:00,000 --> 01:04:02,840 Speaker 6: I think we've gone through a period where it was 1347 01:04:03,000 --> 01:04:06,240 Speaker 6: much much, sort of a trough of disillusionment around av 1348 01:04:06,400 --> 01:04:08,920 Speaker 6: in general. I think now we're coming out of that, 1349 01:04:09,360 --> 01:04:13,240 Speaker 6: and Weimo is a big part of that because they've 1350 01:04:13,320 --> 01:04:15,720 Speaker 6: shown that the tech is there and so now it 1351 01:04:15,880 --> 01:04:18,320 Speaker 6: is just a scale and economics question, and so I 1352 01:04:18,400 --> 01:04:22,120 Speaker 6: think the capital is coming back to the space, particularly 1353 01:04:22,200 --> 01:04:25,400 Speaker 6: for the players that look like they're going to be 1354 01:04:25,440 --> 01:04:26,760 Speaker 6: strong enough to actually. 1355 01:04:26,560 --> 01:04:28,400 Speaker 2: Deliver on this How did you Survive? 1356 01:04:30,280 --> 01:04:32,800 Speaker 6: We were fortunate to raise quite a lot of money 1357 01:04:33,320 --> 01:04:36,880 Speaker 6: through twenty twenty one. Our last fundraise before this current one, 1358 01:04:36,920 --> 01:04:38,680 Speaker 6: which is our series, was at the end of twenty 1359 01:04:38,720 --> 01:04:42,040 Speaker 6: twenty one at that point, we had I think roughly 1360 01:04:42,080 --> 01:04:44,160 Speaker 6: a billion dollars on the balance sheet, and so we 1361 01:04:44,720 --> 01:04:48,240 Speaker 6: had a pretty good coffer wather to weather the storm, 1362 01:04:48,680 --> 01:04:52,840 Speaker 6: and we cut our expenses, we reduced our team unfortunately, 1363 01:04:53,000 --> 01:04:57,280 Speaker 6: and we really focused on just delivering on the autonomy 1364 01:04:57,360 --> 01:05:01,160 Speaker 6: on the tech side, and fortunately we had enough runway 1365 01:05:01,240 --> 01:05:03,440 Speaker 6: to really make it through the lean periods. And now 1366 01:05:04,240 --> 01:05:07,120 Speaker 6: with many of the other competitors gone, I think we're 1367 01:05:07,120 --> 01:05:09,120 Speaker 6: in a really good position with the maturity of the 1368 01:05:09,240 --> 01:05:12,320 Speaker 6: tech to actually forge partnerships like the Uber one and 1369 01:05:12,760 --> 01:05:14,080 Speaker 6: to make this a reality. 1370 01:05:14,200 --> 01:05:16,040 Speaker 2: All right, listen, hold on there, mate, We'll come back 1371 01:05:16,080 --> 01:05:17,960 Speaker 2: and talk about next steps in a moment. Dave Ferguson 1372 01:05:18,000 --> 01:05:20,440 Speaker 2: out of neuro New Zealand are flying the flag internationally. 1373 01:05:20,440 --> 01:05:21,600 Speaker 2: It's thirteen past eight. 1374 01:05:22,360 --> 01:05:26,880 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio Howard 1375 01:05:26,960 --> 01:05:27,760 Speaker 1: by News Talk. 1376 01:05:27,680 --> 01:05:31,520 Speaker 2: Zipp Us talks sixteen past eight. Dave Ferguson out of 1377 01:05:31,640 --> 01:05:34,480 Speaker 2: Neuro is with us. Now right, let's move it forward. 1378 01:05:34,520 --> 01:05:36,000 Speaker 2: So I go in the future to buy a cow 1379 01:05:36,120 --> 01:05:39,800 Speaker 2: with your robotics in do I say versus somebody else's? Right? 1380 01:05:39,880 --> 01:05:41,680 Speaker 2: So would that be from my point of view, the 1381 01:05:41,720 --> 01:05:44,880 Speaker 2: punter's point of view a commercial choice, sales choice or whatever, 1382 01:05:45,040 --> 01:05:46,200 Speaker 2: or is it going to be different from that? 1383 01:05:46,760 --> 01:05:48,920 Speaker 6: Yes, I believe so. I think we're going to have 1384 01:05:49,120 --> 01:05:52,160 Speaker 6: fleets of vehicles much like the Robotaxi that we're building 1385 01:05:52,240 --> 01:05:55,920 Speaker 6: now with Uber, that will be owned by mobility companies. 1386 01:05:55,960 --> 01:05:58,040 Speaker 6: So Uber will have a bunch of their own av 1387 01:05:58,400 --> 01:06:02,080 Speaker 6: fleets that they operate, but you'll also have the opportunity 1388 01:06:02,240 --> 01:06:05,360 Speaker 6: as a consumer to buy a personally owned vehicle that 1389 01:06:05,480 --> 01:06:09,000 Speaker 6: will have autonomy on it. And for Neuro, we are 1390 01:06:09,120 --> 01:06:11,720 Speaker 6: working very hard to play in both spaces, so we're 1391 01:06:11,760 --> 01:06:14,840 Speaker 6: forming partnerships on the mobility side. We're also forming partnerships 1392 01:06:15,320 --> 01:06:18,360 Speaker 6: with the car manufacturers so that we can be part 1393 01:06:18,400 --> 01:06:20,480 Speaker 6: of a future vehicle that you or someone else might 1394 01:06:20,560 --> 01:06:21,880 Speaker 6: choose to buy for your own use. 1395 01:06:22,200 --> 01:06:24,560 Speaker 2: But would I see, I've got a million questions about 1396 01:06:24,560 --> 01:06:27,200 Speaker 2: the car makers, But would I buy Neuro? Would I go, 1397 01:06:27,400 --> 01:06:29,640 Speaker 2: I'm buying that because it's got neural on board as 1398 01:06:29,680 --> 01:06:31,880 Speaker 2: opposed to somebody else's products like a good set of 1399 01:06:31,920 --> 01:06:35,439 Speaker 2: abs breaks or some Elkintara interior or a good color 1400 01:06:35,480 --> 01:06:36,440 Speaker 2: scheme or something. 1401 01:06:37,520 --> 01:06:39,080 Speaker 6: Yeah, I think so, I think it's going to be 1402 01:06:39,120 --> 01:06:41,440 Speaker 6: a differentiator. Now, it may not be the case that 1403 01:06:42,160 --> 01:06:44,360 Speaker 6: you would pick the same car and you have a 1404 01:06:44,520 --> 01:06:48,040 Speaker 6: trim that is a NEUROAV system versus some other AV provider. 1405 01:06:48,080 --> 01:06:51,960 Speaker 6: There may only be one per vehicle, but I think 1406 01:06:52,040 --> 01:06:54,560 Speaker 6: it will make a differences whether you choose to buy 1407 01:06:54,600 --> 01:06:57,280 Speaker 6: a Corolla that has Neuro or you choose to buy 1408 01:06:57,320 --> 01:06:59,280 Speaker 6: a Forward that has some other AV. 1409 01:06:59,600 --> 01:07:03,360 Speaker 2: What about the car makers, do you perceive a problem 1410 01:07:03,920 --> 01:07:06,560 Speaker 2: of one them getting in the market and purchasing them 1411 01:07:06,600 --> 01:07:08,920 Speaker 2: stuff as opposed to say, doing it themselves, or and 1412 01:07:09,200 --> 01:07:11,680 Speaker 2: or what they're prepared to pay for it versus what 1413 01:07:11,800 --> 01:07:12,800 Speaker 2: you're prepared to sell it for. 1414 01:07:14,880 --> 01:07:19,200 Speaker 6: It's an incredibly tough technical challenge, Mike, and I think 1415 01:07:19,280 --> 01:07:22,960 Speaker 6: we've seen through the last few years how difficult it 1416 01:07:22,960 --> 01:07:25,680 Speaker 6: is for OEMs to build it themselves. Now there's a 1417 01:07:25,720 --> 01:07:31,360 Speaker 6: lot of variety in the OEM, the automotive automaker's field, 1418 01:07:31,400 --> 01:07:33,760 Speaker 6: where some of them are very technically savvy and some 1419 01:07:33,880 --> 01:07:35,480 Speaker 6: of them are much less so, and so I think 1420 01:07:35,520 --> 01:07:38,440 Speaker 6: we will see some of them continue to try to 1421 01:07:38,520 --> 01:07:41,240 Speaker 6: go it alone. That's a very small subset. These days, 1422 01:07:41,640 --> 01:07:44,280 Speaker 6: most of them are going to partner with AV providers 1423 01:07:44,360 --> 01:07:47,040 Speaker 6: like Neuro so that they can have the absolute bed 1424 01:07:47,160 --> 01:07:49,080 Speaker 6: class technology to provide to their. 1425 01:07:49,000 --> 01:07:51,280 Speaker 2: Customers, and how will it roll out for me as 1426 01:07:51,320 --> 01:07:54,040 Speaker 2: a punter? Do I buy or will it be in 1427 01:07:54,160 --> 01:07:56,400 Speaker 2: my car as an early version? So, in other words, 1428 01:07:56,440 --> 01:07:58,640 Speaker 2: once you crack it, once you get the regulatory tick off, 1429 01:07:58,720 --> 01:08:02,200 Speaker 2: and it's in the car, what's the advance from that 1430 01:08:02,400 --> 01:08:05,000 Speaker 2: first day to three years, seven years, tenures down the 1431 01:08:05,040 --> 01:08:07,680 Speaker 2: track where it does something that maybe we can't even imagine. 1432 01:08:09,200 --> 01:08:11,280 Speaker 6: So that's a great question. I think the way that 1433 01:08:11,360 --> 01:08:13,840 Speaker 6: we will see it roll out into personally owned vehicles 1434 01:08:14,120 --> 01:08:17,639 Speaker 6: is that it will actually be a product that improves 1435 01:08:17,720 --> 01:08:20,360 Speaker 6: over time. So the simplest way to think about it is, 1436 01:08:20,439 --> 01:08:22,920 Speaker 6: your vehicle will have the hardware, it'll have the eyes 1437 01:08:22,960 --> 01:08:25,720 Speaker 6: and ears, the cameras and light eyes and radars that 1438 01:08:25,840 --> 01:08:28,720 Speaker 6: will enable it to drive itself, but on day one 1439 01:08:29,080 --> 01:08:32,080 Speaker 6: it may only do that in certain areas, so maybe 1440 01:08:32,120 --> 01:08:34,320 Speaker 6: it'll only drive itself on highway, so you can have 1441 01:08:34,400 --> 01:08:37,720 Speaker 6: breakfast or run a radio show from the front seat 1442 01:08:37,760 --> 01:08:39,400 Speaker 6: of your car on the way to work while it's 1443 01:08:39,400 --> 01:08:42,400 Speaker 6: on the highway. And then over time the software will 1444 01:08:42,439 --> 01:08:44,560 Speaker 6: improve with the same hardware, so you won't have to 1445 01:08:44,680 --> 01:08:48,080 Speaker 6: upgrade your car, and it will expand the areas over 1446 01:08:48,160 --> 01:08:52,160 Speaker 6: which it can do fully driverless or fully autonomous behavior. 1447 01:08:52,280 --> 01:08:55,040 Speaker 6: So it will be what you hint to that, which 1448 01:08:55,120 --> 01:08:57,560 Speaker 6: is a product that should continue to get better and 1449 01:08:57,640 --> 01:08:58,960 Speaker 6: better over the years. 1450 01:08:59,280 --> 01:09:02,519 Speaker 2: Is it subscription should potentially over rear downloads all that 1451 01:09:02,640 --> 01:09:03,200 Speaker 2: sort of stuff. 1452 01:09:04,400 --> 01:09:04,599 Speaker 14: Yep. 1453 01:09:05,920 --> 01:09:07,840 Speaker 2: So you get the base in the car, and then 1454 01:09:07,880 --> 01:09:10,679 Speaker 2: you want the upgrade, like you want the heated seats, 1455 01:09:10,760 --> 01:09:12,600 Speaker 2: you pay seven dollars a month and you're in. 1456 01:09:14,320 --> 01:09:17,760 Speaker 6: Yeah. I think that particularly for the higher levels of autonomy. 1457 01:09:17,840 --> 01:09:20,719 Speaker 6: So we in the industry we sort of differentiate between 1458 01:09:20,840 --> 01:09:24,160 Speaker 6: a system that is sort of helping you personally drive 1459 01:09:24,320 --> 01:09:26,880 Speaker 6: versus a system that is taking full control over the car. 1460 01:09:27,120 --> 01:09:29,200 Speaker 6: I think as we get to those higher levels where 1461 01:09:29,240 --> 01:09:31,920 Speaker 6: you can have a nap or you can not even 1462 01:09:31,960 --> 01:09:34,880 Speaker 6: be in the car those levels, I'm pretty confident they're 1463 01:09:34,880 --> 01:09:37,000 Speaker 6: going to be subscription based because they just provide so 1464 01:09:37,160 --> 01:09:39,760 Speaker 6: much value and that will be the easiest way to 1465 01:09:39,960 --> 01:09:43,559 Speaker 6: recoup the investment and frankly to reduce the upfront costs 1466 01:09:43,560 --> 01:09:45,400 Speaker 6: of the vehicle to the end consumer as well. 1467 01:09:45,680 --> 01:09:48,360 Speaker 2: Do you have an age issue of you corunched any 1468 01:09:48,400 --> 01:09:51,160 Speaker 2: of that data? Older people going I love my car, 1469 01:09:51,800 --> 01:09:54,360 Speaker 2: this is mental, I'm never doing this versus the eighteen 1470 01:09:54,439 --> 01:09:56,240 Speaker 2: year old ago is bring it on, I can't wait. 1471 01:09:56,320 --> 01:09:59,040 Speaker 2: Will that be a hurdle or not? Do you think not? 1472 01:09:59,320 --> 01:09:59,599 Speaker 6: Really? 1473 01:09:59,760 --> 01:10:00,000 Speaker 2: I think. 1474 01:10:00,000 --> 01:10:02,360 Speaker 6: I think what we've seen through a lot of the 1475 01:10:02,439 --> 01:10:06,120 Speaker 6: surveys is, again, once people experience it, they're pretty excited 1476 01:10:06,160 --> 01:10:08,320 Speaker 6: about it, Mike. And you can imagine the elderly at 1477 01:10:08,360 --> 01:10:14,040 Speaker 6: some point they're no longer super comfortable or confident in driving, 1478 01:10:14,320 --> 01:10:16,040 Speaker 6: either it's too much of a hassle, or as the 1479 01:10:16,200 --> 01:10:20,360 Speaker 6: age they become less excited about taking that on themselves. 1480 01:10:20,400 --> 01:10:23,080 Speaker 6: And so you do have a lot of variety within 1481 01:10:23,160 --> 01:10:25,840 Speaker 6: the different age groups. But at the end of the day, 1482 01:10:25,960 --> 01:10:28,200 Speaker 6: if you can have a product that is safer, so 1483 01:10:28,320 --> 01:10:31,479 Speaker 6: basically better than you at driving in terms of safety, 1484 01:10:32,360 --> 01:10:35,599 Speaker 6: and it can be incredibly low cost, then the result 1485 01:10:35,760 --> 01:10:37,960 Speaker 6: is just a product that makes a lot of sense 1486 01:10:38,040 --> 01:10:39,559 Speaker 6: to every age group. Frankly. 1487 01:10:39,880 --> 01:10:43,840 Speaker 2: And then when you've done it, Dave, then what for you? 1488 01:10:44,240 --> 01:10:45,639 Speaker 2: What's next when we've. 1489 01:10:45,520 --> 01:10:48,040 Speaker 6: Solved such Oh I don't know, that's still a we 1490 01:10:48,400 --> 01:10:49,559 Speaker 6: was Mike. 1491 01:10:49,720 --> 01:10:50,880 Speaker 1: You know, the startup. 1492 01:10:50,560 --> 01:10:54,160 Speaker 6: Experience has been an absolute right of a lifetime. It's 1493 01:10:54,240 --> 01:10:57,400 Speaker 6: been incredibly difficult, by far, the hardest thing I've ever done, 1494 01:10:58,479 --> 01:11:02,720 Speaker 6: but it's also been an incredibly fulfilling journey. So my 1495 01:11:02,800 --> 01:11:05,160 Speaker 6: wife says, I'm going to start another company. I don't 1496 01:11:05,240 --> 01:11:07,320 Speaker 6: know if I've got that in me. But there's still 1497 01:11:07,360 --> 01:11:11,320 Speaker 6: a long way to go with getting this to scale worldwide. 1498 01:11:11,400 --> 01:11:14,519 Speaker 6: You know, we lose one point two million people every 1499 01:11:14,600 --> 01:11:17,519 Speaker 6: year in road accidents. Like there's a long way for 1500 01:11:17,640 --> 01:11:20,519 Speaker 6: us to go to realize these benefits and actually put 1501 01:11:20,600 --> 01:11:21,560 Speaker 6: a massive dent in that. 1502 01:11:21,720 --> 01:11:23,760 Speaker 2: All right, Dave, go well, appreciate it. We'll stay in touch. 1503 01:11:23,840 --> 01:11:26,880 Speaker 2: Dave ferguson KIWI in San Francisco. As company is neuro 1504 01:11:27,040 --> 01:11:27,720 Speaker 2: eight twenty two. 1505 01:11:28,320 --> 01:11:33,680 Speaker 1: The Mic Hosking Breakfast with al Vida Retirement Communities News togstead. 1506 01:11:33,280 --> 01:11:36,360 Speaker 2: B If you're looking for a simple supplement routine that 1507 01:11:36,400 --> 01:11:38,439 Speaker 2: supports the old well being and gives you peace of 1508 01:11:38,479 --> 01:11:40,880 Speaker 2: mind with high quality ingredients, care well, a Bink got 1509 01:11:40,920 --> 01:11:43,040 Speaker 2: something for you. Golden Trio Bundle, that's what they call 1510 01:11:43,080 --> 01:11:45,880 Speaker 2: it about health. Golden Trio Bundle, so the home of 1511 01:11:46,000 --> 01:11:48,559 Speaker 2: Listers We Love list is usually popular and for very 1512 01:11:48,560 --> 01:11:51,920 Speaker 2: good reason. 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Take only as directed, 1522 01:12:16,000 --> 01:12:18,080 Speaker 2: of course, but stay well, stay you About Health and 1523 01:12:18,160 --> 01:12:22,120 Speaker 2: lesters and that fabulous Golden Trio bundle online at about 1524 01:12:22,160 --> 01:12:24,800 Speaker 2: health dot co dot n z. And for the Golden 1525 01:12:24,840 --> 01:12:27,880 Speaker 2: Trio Bundle, use the code breakfast for an extra ten 1526 01:12:27,920 --> 01:12:30,360 Speaker 2: dollars and receive a free gift because they're nice like that. 1527 01:12:30,560 --> 01:12:34,000 Speaker 2: It's all at about Health oscar wimo. By the way, 1528 01:12:34,400 --> 01:12:38,360 Speaker 2: they've begun testing in Denver and Seattle. They've got human 1529 01:12:38,439 --> 01:12:40,240 Speaker 2: drivers in it while they do the testing, obviously, and 1530 01:12:40,280 --> 01:12:43,240 Speaker 2: they've recently obtained a permit to test in New York City. Mike, 1531 01:12:43,520 --> 01:12:45,720 Speaker 2: who incurs the liability cost could be a big part 1532 01:12:45,760 --> 01:12:48,120 Speaker 2: of the subscription cost could be Those are questions that 1533 01:12:48,160 --> 01:12:50,120 Speaker 2: aren't answered yet because people aren't thinking about this the 1534 01:12:50,160 --> 01:12:52,080 Speaker 2: way they should be. Good interview with mister Ferguson Mike. 1535 01:12:52,160 --> 01:12:54,960 Speaker 2: Good questions about insurance. What about insurance? Well, once again, 1536 01:12:55,360 --> 01:12:57,960 Speaker 2: these are things that we haven't come across as yet. 1537 01:12:58,040 --> 01:13:00,720 Speaker 2: Doesn't mean eventually people will be going out on a 1538 01:13:00,760 --> 01:13:02,560 Speaker 2: Friday having quite a few wines and then able to 1539 01:13:02,640 --> 01:13:05,240 Speaker 2: jump in a car which will drive them home. And 1540 01:13:05,320 --> 01:13:08,360 Speaker 2: there's no legal implications of that. Once again, very good question. 1541 01:13:08,439 --> 01:13:10,400 Speaker 2: They won't have an answer on that yet. Can it 1542 01:13:10,520 --> 01:13:13,880 Speaker 2: navigate ninety thousand cones a day? Once again excellent question. 1543 01:13:14,000 --> 01:13:16,479 Speaker 2: They probably haven't tested an autland, but they might need to. 1544 01:13:17,240 --> 01:13:20,160 Speaker 2: Might call me a luddite by actually enjoy driving my car. 1545 01:13:20,280 --> 01:13:22,679 Speaker 2: I don't want a Solve driver. Yep, And that's fine. 1546 01:13:22,880 --> 01:13:24,920 Speaker 2: You can't. That's why some people buy blue things and 1547 01:13:24,960 --> 01:13:28,000 Speaker 2: other people by red things. It's called choice. The Big 1548 01:13:28,120 --> 01:13:31,719 Speaker 2: Father's Day winner after the news the only. 1549 01:13:31,600 --> 01:13:35,040 Speaker 1: Report you need to start your day on my casking 1550 01:13:35,120 --> 01:13:41,800 Speaker 1: breakfast with a Vita retirement Communities, Life your Way. When 1551 01:13:41,920 --> 01:13:45,240 Speaker 1: one thousand dollars for Father's Day thanks to Chemist Warehouse, 1552 01:13:45,400 --> 01:13:48,160 Speaker 1: the real House of fragrances and news talks it be. 1553 01:13:48,680 --> 01:13:51,880 Speaker 2: My mail bag contained a little something from Catherine, who 1554 01:13:51,920 --> 01:13:55,840 Speaker 2: wrote my Dad Mark the best because he would come 1555 01:13:55,920 --> 01:13:58,240 Speaker 2: and get me anywhere any time. When I was a teenager, 1556 01:13:58,680 --> 01:14:01,320 Speaker 2: he set up an eight hundred number so that we 1557 01:14:01,400 --> 01:14:03,679 Speaker 2: could call them for free if we were stuck or worried. 1558 01:14:03,720 --> 01:14:06,040 Speaker 2: When I borrowed his car, one time it was munted 1559 01:14:06,160 --> 01:14:12,000 Speaker 2: when a bus hit it. You sell trouble, Katherine, Sorry 1560 01:14:12,040 --> 01:14:15,240 Speaker 2: where was I? Another time it got stolen and used 1561 01:14:15,240 --> 01:14:18,840 Speaker 2: in a ram rate that old line, But a quick 1562 01:14:18,920 --> 01:14:21,680 Speaker 2: call to dad and he rode to the rescue. Fortunately, 1563 01:14:21,800 --> 01:14:24,400 Speaker 2: my luck with cars has improved, but I've always hit 1564 01:14:24,439 --> 01:14:27,320 Speaker 2: the jackpot with the dad like mine, so supportive and kind, 1565 01:14:27,680 --> 01:14:31,400 Speaker 2: always helping other people, and an awesome puppa to my kids. Well, 1566 01:14:31,520 --> 01:14:33,320 Speaker 2: very nice of you to write him, Katherine, and your 1567 01:14:33,400 --> 01:14:37,439 Speaker 2: dad Mark is going to be receiving a thousand dollars 1568 01:14:37,479 --> 01:14:40,439 Speaker 2: from Chemi's Warehouse, the House of Fragrances, and he'll also 1569 01:14:40,479 --> 01:14:43,519 Speaker 2: get a voucher for two hundred dollars. So I'd go 1570 01:14:43,640 --> 01:14:46,160 Speaker 2: pik A Raban, just saying I'd go to the Pika Raban. 1571 01:14:46,240 --> 01:14:48,479 Speaker 2: Why not? Anyway, you can choose your own fragrance for 1572 01:14:48,560 --> 01:14:50,600 Speaker 2: Father's Day and we have one more chance? Do we 1573 01:14:50,640 --> 01:14:52,439 Speaker 2: have one more chance? Can you enter today? For tomorrow. 1574 01:14:52,479 --> 01:14:55,719 Speaker 2: Why not go to Newstalk Hevy Doco dott Ford slash 1575 01:14:56,000 --> 01:14:59,280 Speaker 2: Win and we'll make the drawer and we'll present applies 1576 01:14:59,320 --> 01:15:01,320 Speaker 2: tomorrow on the pro again. Twenty and all thanks to 1577 01:15:01,400 --> 01:15:03,479 Speaker 2: our very good friends in Chemistry House twenty two minutes 1578 01:15:03,479 --> 01:15:03,960 Speaker 2: away from. 1579 01:15:03,920 --> 01:15:08,439 Speaker 1: Nine International correspondence with Insieye Insurance Peace of mind for 1580 01:15:08,520 --> 01:15:09,360 Speaker 1: New Zealand business. 1581 01:15:09,400 --> 01:15:11,920 Speaker 2: But we go Robert, good morning to you, Good morning 1582 01:15:12,000 --> 01:15:15,760 Speaker 2: to you, Angela Raina, three pads. It's got to the 1583 01:15:15,840 --> 01:15:18,439 Speaker 2: point surely, and the calls are out obviously, It's got 1584 01:15:18,439 --> 01:15:20,400 Speaker 2: to the point surely where Star is going to have 1585 01:15:20,439 --> 01:15:21,720 Speaker 2: to show some leadership here, isn't it. 1586 01:15:22,840 --> 01:15:27,120 Speaker 4: Yeah, you would think so. I mean he is damned 1587 01:15:27,360 --> 01:15:30,120 Speaker 4: either way. She is the standard bearer for the left 1588 01:15:31,479 --> 01:15:34,759 Speaker 4: and a working class voice which are in short supply 1589 01:15:35,040 --> 01:15:39,400 Speaker 4: the cabinet, as you can imagine. But you know she 1590 01:15:39,560 --> 01:15:41,719 Speaker 4: is trying to get away with saying that a tax 1591 01:15:42,240 --> 01:15:45,880 Speaker 4: that she was advised by her tax adviser that she 1592 01:15:46,000 --> 01:15:49,040 Speaker 4: didn't need to pay the full amount of stamp duty 1593 01:15:49,120 --> 01:15:53,320 Speaker 4: on this house, which we knew she deliberately avoided pain 1594 01:15:53,760 --> 01:15:59,040 Speaker 4: And you know she's the Housing Minister. You can't get 1595 01:15:59,080 --> 01:16:03,559 Speaker 4: away with that. Pocketed forty grands, or at least avoided 1596 01:16:03,680 --> 01:16:07,920 Speaker 4: paying forty grand treated the taxpayer. She is in real, 1597 01:16:08,240 --> 01:16:13,280 Speaker 4: real trouble. The whole thing is now with the Independent 1598 01:16:14,840 --> 01:16:22,320 Speaker 4: Examine on Parliamentary Standards Cabinet standards in fact lorri Ming Magnus, 1599 01:16:23,680 --> 01:16:27,240 Speaker 4: and he will deliver his verdict sometime next week. In 1600 01:16:27,400 --> 01:16:30,160 Speaker 4: the meantime, Stana has to decide whether he does what 1601 01:16:30,320 --> 01:16:33,360 Speaker 4: he's done in fairness all the way through his tenure 1602 01:16:33,400 --> 01:16:35,720 Speaker 4: as leader of the party, which is as soon as 1603 01:16:35,760 --> 01:16:38,360 Speaker 4: anyone steps out of line or does something bad. Second, 1604 01:16:38,880 --> 01:16:43,439 Speaker 4: he has been very very resolute on that. But can 1605 01:16:43,520 --> 01:16:46,040 Speaker 4: he do it now? It's not looking good for him, 1606 01:16:46,080 --> 01:16:46,679 Speaker 4: It really isn't. 1607 01:16:46,920 --> 01:16:51,040 Speaker 2: She went out and tried to explain divorce the advice 1608 01:16:51,160 --> 01:16:55,280 Speaker 2: you mentioned sun with special needs different anyone buying that 1609 01:16:55,479 --> 01:16:55,600 Speaker 2: or not. 1610 01:16:56,760 --> 01:17:00,640 Speaker 4: Well, Look, there is no doubt that she has very 1611 01:17:00,680 --> 01:17:04,439 Speaker 4: difficult ter home circumstances in many ways because her son 1612 01:17:05,160 --> 01:17:09,240 Speaker 4: was born prematurely, very prematurely, and also blind and has 1613 01:17:09,479 --> 01:17:13,880 Speaker 4: educational special needs. And you know, she is effectively a 1614 01:17:13,960 --> 01:17:19,680 Speaker 4: single mum. No one doubts the fact that she has 1615 01:17:19,760 --> 01:17:23,120 Speaker 4: overcome great hardship to get where she's got. But you 1616 01:17:23,200 --> 01:17:27,120 Speaker 4: know she wasn't terribly clear about what house she owned 1617 01:17:27,920 --> 01:17:30,760 Speaker 4: a couple of years ago when she was under the 1618 01:17:30,840 --> 01:17:34,800 Speaker 4: microscope for renting out the wrong house, not being clear 1619 01:17:34,880 --> 01:17:37,320 Speaker 4: about what house was her main home. And she's done 1620 01:17:37,360 --> 01:17:39,960 Speaker 4: it again now to the tune of forty grand. The 1621 01:17:40,120 --> 01:17:42,120 Speaker 4: patience is wearing very very thin. 1622 01:17:42,560 --> 01:17:46,200 Speaker 2: Who's in more trouble her for the specific crimes or 1623 01:17:46,320 --> 01:17:49,160 Speaker 2: Reeves for announcing the budget date while the bond market 1624 01:17:49,320 --> 01:17:53,240 Speaker 2: tanks and she must be quaking in her shoes to 1625 01:17:53,320 --> 01:17:55,439 Speaker 2: come up with something that will convince the world that 1626 01:17:55,479 --> 01:17:56,439 Speaker 2: she knows what she's doing. 1627 01:17:57,439 --> 01:17:59,719 Speaker 4: Yeah, but there is nothing that she can do because 1628 01:18:00,000 --> 01:18:03,080 Speaker 4: almost everything that is required to be done to the 1629 01:18:03,200 --> 01:18:06,800 Speaker 4: economy to make it grow again is the precise opposite 1630 01:18:06,840 --> 01:18:09,719 Speaker 4: of what they put wants to do in the budget. 1631 01:18:11,120 --> 01:18:17,479 Speaker 4: She is absolutely handstrung. Ironically, she's going to stick around. 1632 01:18:17,880 --> 01:18:21,320 Speaker 4: You know, there have been chances for Starma to get 1633 01:18:21,400 --> 01:18:24,320 Speaker 4: rid of Reeves before and he hasn't. I mean, that 1634 01:18:24,560 --> 01:18:30,160 Speaker 4: first disastrous budget a year ago should have been punished somehow, 1635 01:18:30,200 --> 01:18:33,200 Speaker 4: because it really was that that National Insurance whacked on 1636 01:18:33,680 --> 01:18:38,920 Speaker 4: small medium business enterprises really really wrecked the economy. But 1637 01:18:39,160 --> 01:18:41,120 Speaker 4: if anything's going to happen she's going to wreck it 1638 01:18:41,240 --> 01:18:42,120 Speaker 4: still further made. 1639 01:18:42,280 --> 01:18:45,519 Speaker 2: That's the problem, Graham Lynan, and this a risk? Is 1640 01:18:45,560 --> 01:18:48,240 Speaker 2: it about it being trends? Is it about the fact 1641 01:18:48,280 --> 01:18:51,720 Speaker 2: it's on social media? Elon's and jkas And how does 1642 01:18:51,760 --> 01:18:53,040 Speaker 2: this unfold and where does it go? 1643 01:18:54,040 --> 01:19:00,920 Speaker 4: It's really not good. It's a constant, constant and cry 1644 01:19:01,080 --> 01:19:05,519 Speaker 4: from America, particularly from JD. Vanzaninil Musk, that we have 1645 01:19:05,760 --> 01:19:10,920 Speaker 4: lost freedom of speech. Basically, Graham Anon said that a 1646 01:19:11,040 --> 01:19:13,600 Speaker 4: trans woman who goes into a woman only space is 1647 01:19:13,640 --> 01:19:18,160 Speaker 4: committing a violent and abusive act and you should call 1648 01:19:18,240 --> 01:19:21,080 Speaker 4: the police or punch him in the balls as she 1649 01:19:21,200 --> 01:19:27,320 Speaker 4: put it. As he put it, Why that would provoke 1650 01:19:27,680 --> 01:19:31,920 Speaker 4: five armed police officers to arrest him at hethrow airport 1651 01:19:32,680 --> 01:19:35,839 Speaker 4: tells you where we are with Britain today and freedom 1652 01:19:35,880 --> 01:19:39,160 Speaker 4: of speech. It is remarkable. And even those who would 1653 01:19:39,200 --> 01:19:44,960 Speaker 4: normally travel at some of gram Lenehan says. And Lenahan, 1654 01:19:45,040 --> 01:19:47,800 Speaker 4: of course a brilliant, brilliant writer. He wrote Father Ted 1655 01:19:48,360 --> 01:19:51,800 Speaker 4: and contributed to Brassa in the it crowd, has had 1656 01:19:51,840 --> 01:19:56,040 Speaker 4: his life ruined by the trans lobbyists. But even those 1657 01:19:56,080 --> 01:19:59,120 Speaker 4: who don't like him very much, and I would assume 1658 01:19:59,240 --> 01:20:02,920 Speaker 4: Kirstarma wet street to fall into that of Korea, saying 1659 01:20:03,600 --> 01:20:06,480 Speaker 4: the police have got better things to do than this, surely. 1660 01:20:06,640 --> 01:20:08,840 Speaker 2: Yeah, all right mate, we'll see you next week. Rod 1661 01:20:08,880 --> 01:20:11,439 Speaker 2: Little out of Britain, by the way, Scotland who's scrapped 1662 01:20:11,439 --> 01:20:14,439 Speaker 2: peak train prices, which dovetails into the story I told 1663 01:20:14,439 --> 01:20:16,160 Speaker 2: you last time I took to Rod, which was Wales 1664 01:20:16,240 --> 01:20:18,640 Speaker 2: giving young people free buses. The whole idea is that 1665 01:20:19,080 --> 01:20:21,240 Speaker 2: peak times don't work anyway, because everyone works from home 1666 01:20:21,280 --> 01:20:22,639 Speaker 2: in that part of the world, so the whole thing's 1667 01:20:22,640 --> 01:20:24,800 Speaker 2: a complete waste of time. But what I do not 1668 01:20:25,000 --> 01:20:28,000 Speaker 2: in an increasingly sticky big country is they've decided they're 1669 01:20:28,040 --> 01:20:30,760 Speaker 2: going to try and ban under sixteens from buying Red 1670 01:20:30,800 --> 01:20:33,960 Speaker 2: Bull and other drinks like it Monster and all that 1671 01:20:34,040 --> 01:20:38,160 Speaker 2: sort of stuff. These a voluntary thing at supermarkets that 1672 01:20:38,600 --> 01:20:40,840 Speaker 2: they sort of enforce it, but then they don't, and 1673 01:20:41,120 --> 01:20:43,719 Speaker 2: a third of people under sixteen drink this crap anyway. 1674 01:20:43,880 --> 01:20:46,120 Speaker 2: So I don't know that making a rule or a 1675 01:20:46,280 --> 01:20:48,560 Speaker 2: law is going to do anything, But there you go. 1676 01:20:49,000 --> 01:20:53,800 Speaker 1: Sixteen two The Like Asking Breakfast Full Show podcast on 1677 01:20:54,040 --> 01:20:56,360 Speaker 1: iHeartRadio powered by News Talks. 1678 01:20:56,160 --> 01:21:03,040 Speaker 2: At be thirteen Away from Now Mike in New Zealand Flight. 1679 01:21:03,080 --> 01:21:05,320 Speaker 2: I watched a doco called Keewis Born to Fly Too. 1680 01:21:05,439 --> 01:21:08,040 Speaker 2: It's an amazing quite inspirational you definite need to watch it. 1681 01:21:08,120 --> 01:21:10,360 Speaker 2: I have and I mentioned it on the program about 1682 01:21:10,360 --> 01:21:12,840 Speaker 2: a month ago, and it's very good. It's mainly the 1683 01:21:13,160 --> 01:21:15,800 Speaker 2: Keevy's Born to Fly one and two and both are 1684 01:21:15,840 --> 01:21:18,799 Speaker 2: good and it's got to do with New Zealand motorsport, 1685 01:21:18,880 --> 01:21:21,360 Speaker 2: different businesses you've never heard of, behind the scenes, people 1686 01:21:21,360 --> 01:21:23,320 Speaker 2: who make gearing and so it is. It's a fascinating 1687 01:21:23,360 --> 01:21:25,479 Speaker 2: documentary well worth looking up. Mike. My daughter works in 1688 01:21:25,520 --> 01:21:27,560 Speaker 2: the tap room at the Garage Project back to the 1689 01:21:27,600 --> 01:21:30,800 Speaker 2: beer earlier on Garage Project taking over the founders. She 1690 01:21:30,920 --> 01:21:33,880 Speaker 2: absolutely loves it, so obviously there's an amazing vibe there 1691 01:21:33,960 --> 01:21:36,439 Speaker 2: created by bloody good management. So the point I was 1692 01:21:36,439 --> 01:21:37,880 Speaker 2: trying to make at the very start of the program 1693 01:21:37,960 --> 01:21:40,040 Speaker 2: today he was too nice when he was on the 1694 01:21:40,080 --> 01:21:44,320 Speaker 2: program from Garage to say, you know, maybe just the 1695 01:21:44,439 --> 01:21:46,439 Speaker 2: business model did and work, whatever the case may be. 1696 01:21:46,640 --> 01:21:50,680 Speaker 2: But you can't hide from the fact that even in 1697 01:21:50,760 --> 01:21:53,519 Speaker 2: the most difficult of economic times, there are people who 1698 01:21:53,640 --> 01:21:56,120 Speaker 2: excel in areas where others don't. And you've got to 1699 01:21:56,200 --> 01:21:58,320 Speaker 2: ask yourself. That's how you learn. You ask yourself, why 1700 01:21:58,520 --> 01:22:01,599 Speaker 2: is it they're doing well when there are others seemingly 1701 01:22:01,720 --> 01:22:04,200 Speaker 2: doing the same thing that aren't. Mike, I survived dry 1702 01:22:04,320 --> 01:22:07,120 Speaker 2: July on tiny, tiny, zero point five percent alcohol, So 1703 01:22:07,160 --> 01:22:09,680 Speaker 2: I'm afraid to tell you that that wasn't dry. And 1704 01:22:09,760 --> 01:22:11,920 Speaker 2: I don't care whether it was July or not. You 1705 01:22:12,000 --> 01:22:14,639 Speaker 2: can't say it was dry July when you're drinking zero 1706 01:22:14,760 --> 01:22:17,800 Speaker 2: point five percent alcohol. A stickliff effact. I did read 1707 01:22:17,840 --> 01:22:22,639 Speaker 2: funnily enough. Erdinger the brewery set up in the eighteen 1708 01:22:22,680 --> 01:22:25,599 Speaker 2: eighties and Germany, this whole alcohol free thing's gone off. 1709 01:22:25,680 --> 01:22:28,200 Speaker 2: It's going off, particularly in Germany. And if it's going 1710 01:22:28,240 --> 01:22:31,040 Speaker 2: off in Germany, it's going off everywhere. Sales are up 1711 01:22:31,040 --> 01:22:33,680 Speaker 2: one hundred and nine percent, or demand is up one 1712 01:22:33,760 --> 01:22:36,240 Speaker 2: hundred and nine percent since twenty thirteen. A quarter of 1713 01:22:36,280 --> 01:22:40,240 Speaker 2: their production these days, Irdinger our biggest brewery in Germany. 1714 01:22:40,360 --> 01:22:44,400 Speaker 2: The quarter of their production is now these days non alcoholic. Now, 1715 01:22:44,560 --> 01:22:48,120 Speaker 2: can I just ask you this question? So the police 1716 01:22:48,680 --> 01:22:52,800 Speaker 2: don't stand sell them. So Stuart Copeland's coming to the 1717 01:22:52,840 --> 01:22:57,720 Speaker 2: country on a spoken tour, a spoken word tour, and 1718 01:22:57,840 --> 01:22:59,920 Speaker 2: I just and I'm looking at a photo of Stuart. 1719 01:23:01,320 --> 01:23:03,240 Speaker 2: So there's two things. If you haven't followed the police lately, 1720 01:23:03,360 --> 01:23:07,120 Speaker 2: he and his other mate Andy are a suing sting 1721 01:23:07,640 --> 01:23:11,040 Speaker 2: over the music. Bands are a pain, aren't they? I mean, 1722 01:23:11,160 --> 01:23:15,639 Speaker 2: you know, really the artistic side, if not the business side, 1723 01:23:15,720 --> 01:23:18,280 Speaker 2: is going to get you. Eventually they claim their own 1724 01:23:18,360 --> 01:23:20,519 Speaker 2: money from the music. Sting goes it was all me. 1725 01:23:22,720 --> 01:23:24,880 Speaker 2: Now Stuart doing a spoken word to her because he 1726 01:23:24,920 --> 01:23:27,960 Speaker 2: needs the money or because he wants to do a 1727 01:23:28,000 --> 01:23:31,439 Speaker 2: spoken word to her. Second question is is this my future? 1728 01:23:32,240 --> 01:23:34,599 Speaker 2: So when I finally get booted out of this place, 1729 01:23:34,640 --> 01:23:39,400 Speaker 2: which honestly can't be long, now am I going to 1730 01:23:39,479 --> 01:23:42,920 Speaker 2: do a spoken word to her? And does it sound 1731 01:23:43,040 --> 01:23:44,840 Speaker 2: less weird if I do a spoken word to her? 1732 01:23:44,880 --> 01:23:46,200 Speaker 2: Because this is all I do for a living is 1733 01:23:46,240 --> 01:23:48,280 Speaker 2: sit here speaking. I mean, I'm literally doing a spoken 1734 01:23:48,280 --> 01:23:50,040 Speaker 2: word to her right now. Actually, if I'm not leaving anything, 1735 01:23:50,040 --> 01:23:52,680 Speaker 2: I'm not going around the country. But Stuart is not 1736 01:23:52,800 --> 01:23:55,799 Speaker 2: known for a spoken word tour. He was singing songs. 1737 01:23:55,920 --> 01:23:58,000 Speaker 8: Surely the equivalent would be if you went around doing 1738 01:23:58,040 --> 01:23:58,760 Speaker 8: a drumming tour. 1739 01:23:58,880 --> 01:24:02,280 Speaker 2: Good question, good point. So if I suddenly say, Hosking's 1740 01:24:02,320 --> 01:24:05,160 Speaker 2: coming to town to you know, show you what he 1741 01:24:05,200 --> 01:24:07,320 Speaker 2: can do with a snare drum. Are you buying tickets? 1742 01:24:07,880 --> 01:24:10,280 Speaker 2: So Stuart Copeland's coming for a spoken word tour in 1743 01:24:10,320 --> 01:24:12,679 Speaker 2: the early part of next year, in January. He's going 1744 01:24:12,680 --> 01:24:14,599 Speaker 2: to various parts of this country which will be exciting. 1745 01:24:14,640 --> 01:24:16,639 Speaker 8: Well, also, you've never really been part of a band. 1746 01:24:17,840 --> 01:24:18,840 Speaker 8: Well that's the other thing. 1747 01:24:18,880 --> 01:24:21,120 Speaker 2: But look at what happens. That's why I haven't been 1748 01:24:21,160 --> 01:24:24,719 Speaker 2: part of the band. Look what happens. That's my warning. 1749 01:24:24,800 --> 01:24:28,439 Speaker 2: So that was a warning about joining a band and 1750 01:24:28,600 --> 01:24:31,679 Speaker 2: then falling out with people, but also an advertisement Ford 1751 01:24:31,720 --> 01:24:33,320 Speaker 2: Stuart Copeland, who's coming to the country. 1752 01:24:33,360 --> 01:24:37,880 Speaker 8: So and you're forthcoming exactly to a slash album, Slash 1753 01:24:39,000 --> 01:24:39,519 Speaker 8: something for. 1754 01:24:39,880 --> 01:24:42,840 Speaker 2: Something for everyone. Nine away from nine the. 1755 01:24:43,040 --> 01:24:46,439 Speaker 1: Make Hosking Breakfast with rainthrow bern Us, Tom's Dead. 1756 01:24:46,320 --> 01:24:56,120 Speaker 2: B once again. I think I said this this time yesterday. 1757 01:24:56,160 --> 01:24:58,240 Speaker 2: If only the stuff behind the scenes made it to 1758 01:24:58,320 --> 01:25:00,920 Speaker 2: where we'd be really sick. Well, now, if you're thinking 1759 01:25:00,960 --> 01:25:02,519 Speaker 2: about hearing aids, by the way, this is a year 1760 01:25:02,520 --> 01:25:04,160 Speaker 2: three sixty which I've told you about this week. This 1761 01:25:04,200 --> 01:25:06,560 Speaker 2: is good stuff. This is from Resonate Health, right, So 1762 01:25:06,840 --> 01:25:08,720 Speaker 2: this is your ideal starting point because it's not a 1763 01:25:08,800 --> 01:25:11,000 Speaker 2: quick sort of pass failed test like the other three 1764 01:25:11,040 --> 01:25:13,200 Speaker 2: tests from other providers, forget them, deal with the experts. 1765 01:25:13,280 --> 01:25:16,880 Speaker 2: EAR three sixty is a full premium assessment, so it 1766 01:25:16,920 --> 01:25:19,120 Speaker 2: looks at your hearing, your lifestyle, your health, all that stuff, 1767 01:25:19,360 --> 01:25:22,080 Speaker 2: and it's about understanding what's really impacting your hearing and 1768 01:25:22,160 --> 01:25:24,040 Speaker 2: how that's affecting things like your memory, you're sleep in 1769 01:25:24,040 --> 01:25:26,400 Speaker 2: your balance because it's profound, believe me. So here's the offer. 1770 01:25:26,920 --> 01:25:29,639 Speaker 2: Eight hundred Resonate is the phone number, eight hundred Resonate 1771 01:25:29,680 --> 01:25:31,680 Speaker 2: which is eight hundred and seventy three seven sixty six 1772 01:25:31,800 --> 01:25:34,720 Speaker 2: two mention my name. My name is Mike. By the way, 1773 01:25:35,439 --> 01:25:38,519 Speaker 2: you'll receive fifty percent off your EAR three sixty fifty 1774 01:25:38,600 --> 01:25:41,360 Speaker 2: percent five zero percent Resonate health. It's one hundred percent 1775 01:25:41,400 --> 01:25:44,200 Speaker 2: que own, which we love more five star Google reviews 1776 01:25:44,240 --> 01:25:47,519 Speaker 2: than any other hearing provider. They built twenty nine studios 1777 01:25:47,560 --> 01:25:49,720 Speaker 2: in twenty nine months, right through a recession, and their 1778 01:25:49,760 --> 01:25:52,200 Speaker 2: hearing aid subscription is super simple, so ninety dollars a 1779 01:25:52,280 --> 01:25:54,800 Speaker 2: month covers the top of arrange hearing aids support and 1780 01:25:54,880 --> 01:25:56,640 Speaker 2: upgrades every three year. So you don't want to wait 1781 01:25:56,720 --> 01:25:59,479 Speaker 2: on this one move now. Eight hundred Resonate or go 1782 01:25:59,600 --> 01:26:04,040 Speaker 2: to resins innate health dot co dot m Z asking. 1783 01:26:05,120 --> 01:26:08,120 Speaker 2: Remember the other week I suggested the answer to our 1784 01:26:08,200 --> 01:26:10,480 Speaker 2: key we save a problem was to make it compulsory. 1785 01:26:10,520 --> 01:26:12,240 Speaker 2: I mean, I don't personally want it compulsory. I think 1786 01:26:12,240 --> 01:26:13,880 Speaker 2: it's a stupid idea, But if you want to solve 1787 01:26:13,920 --> 01:26:16,960 Speaker 2: the problem, compulsion is the only answer. I'm reading just 1788 01:26:17,080 --> 01:26:19,600 Speaker 2: yesterday some people at the University of Auckland Pensions and 1789 01:26:19,680 --> 01:26:24,760 Speaker 2: Intergenerational Equity Hub are calling for compulsion. So we might 1790 01:26:24,800 --> 01:26:26,919 Speaker 2: be onto a thing. Five minutes away from nine. 1791 01:26:27,160 --> 01:26:32,240 Speaker 1: Trending now with chemist well House, great savings every. 1792 01:26:32,080 --> 01:26:36,200 Speaker 2: Day, pick off tomorrow. NFL cannot wait. It's Eagles Cowboys. 1793 01:26:36,920 --> 01:26:39,240 Speaker 2: The YouTube billionaire Jimmy Donaldson, who we all know is 1794 01:26:39,280 --> 01:26:43,160 Speaker 2: mister Beast. He and Roger Goodell or Goodell who's the commissioner, 1795 01:26:43,360 --> 01:26:45,880 Speaker 2: put out a video. It's called I Bought the NFL. 1796 01:26:45,960 --> 01:26:50,400 Speaker 15: Here it is today, Markston historic First, the NFL is 1797 01:26:50,520 --> 01:26:56,080 Speaker 15: now under the ownership of one individual, Jimmy Donaldson, mister Beast. 1798 01:26:58,080 --> 01:27:00,240 Speaker 1: Thank you, thank you, thank you. 1799 01:27:00,479 --> 01:27:04,240 Speaker 19: Everybody that is right. I officially own the NFL, and 1800 01:27:04,360 --> 01:27:07,240 Speaker 19: I think it's time for some changes. So for my 1801 01:27:07,479 --> 01:27:10,280 Speaker 19: very first change, you're going to be changing the rosters 1802 01:27:10,320 --> 01:27:15,080 Speaker 19: from fifty three players to fifty four and giving that new. 1803 01:27:15,120 --> 01:27:19,800 Speaker 1: Roster spot to a YouTuber. No, Jimmy, we can't woo 1804 01:27:20,200 --> 01:27:20,639 Speaker 1: all right. 1805 01:27:21,000 --> 01:27:24,040 Speaker 19: Well, for the first time ever, Chargers Versus Chiefs. 1806 01:27:23,920 --> 01:27:26,000 Speaker 1: Will be live for free on YouTube. 1807 01:27:26,200 --> 01:27:26,920 Speaker 12: Make sure you watch it. 1808 01:27:27,000 --> 01:27:30,839 Speaker 2: It's literally free. Why not September fifth, So it's interesting 1809 01:27:31,000 --> 01:27:34,400 Speaker 2: Charges Chiefs and that's the game in Brazil, by the way, 1810 01:27:34,439 --> 01:27:36,759 Speaker 2: it'll be the first exclusive NFL game to be streamed 1811 01:27:36,800 --> 01:27:40,120 Speaker 2: for nothing. NFL Sunday Ticket, by the way, is on 1812 01:27:40,200 --> 01:27:42,360 Speaker 2: YouTube TV. You pay six hundred and forty three dollars 1813 01:27:42,400 --> 01:27:44,080 Speaker 2: for that for the season. You get most of the games. 1814 01:27:45,400 --> 01:27:47,200 Speaker 2: I've told you before, and I've complained before it's a 1815 01:27:47,240 --> 01:27:49,720 Speaker 2: convoluted business these days, and including the NFL. And we 1816 01:27:49,840 --> 01:27:52,800 Speaker 2: can get it in TVNZ plus run some and ESPNS 1817 01:27:53,000 --> 01:27:54,960 Speaker 2: run some, and you can get some on a Thursday. 1818 01:27:55,000 --> 01:27:57,720 Speaker 2: Then you can get some on a Monday, and then 1819 01:27:57,760 --> 01:28:01,360 Speaker 2: some on a Tuesday. And and it's on Disney as well. 1820 01:28:01,479 --> 01:28:03,080 Speaker 2: And if you go on Disney, you go, well, hold on, 1821 01:28:03,120 --> 01:28:05,040 Speaker 2: where do they get it from? Whoops? They own ESPN. 1822 01:28:05,160 --> 01:28:06,760 Speaker 2: Then you say, well, I've got Disney and I'm paying 1823 01:28:06,800 --> 01:28:08,640 Speaker 2: for Disney. Why am I paying for ESPN? And then 1824 01:28:08,680 --> 01:28:11,120 Speaker 2: you've got to get up at two thirty in the 1825 01:28:11,160 --> 01:28:12,760 Speaker 2: morning to keep working to pay for all this crap. 1826 01:28:12,840 --> 01:28:16,799 Speaker 2: That's how that works anyway. It's all kicking off tomorrow. 1827 01:28:16,960 --> 01:28:20,680 Speaker 2: NFL season cannot wait, super super exciting Hard Knocks by 1828 01:28:20,720 --> 01:28:24,200 Speaker 2: the way, on HBO is coming up spoke if you 1829 01:28:24,240 --> 01:28:26,799 Speaker 2: haven't watched that, that's a good series. They mbent themselves 1830 01:28:26,840 --> 01:28:28,960 Speaker 2: in a team and this year's teams the Buffalo Bills, 1831 01:28:29,000 --> 01:28:31,679 Speaker 2: and I've totoughly enjoyed that. I've thoroughly enjoyed the morning 1832 01:28:31,920 --> 01:28:36,280 Speaker 2: as it happens otherways tomorrow from six as always, Happy Days. 1833 01:28:37,920 --> 01:28:40,760 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1834 01:28:40,920 --> 01:28:43,960 Speaker 1: news talks it'd be from six am weekdays, or follow 1835 01:28:44,040 --> 01:28:45,560 Speaker 1: the podcast on iHeartRadio.