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Speaker 1: New Zealand's voice of reason is Mike the mic Hosking

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Speaker 1: Breakfast with the range Rover villa designed to intrigue and

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Speaker 1: use togshead.

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Speaker 2: Be given to day Andrew Bailey and whether this thing's

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Speaker 2: been blown out of all proportion the teacher numbers cock

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Speaker 2: up in the announcement to fix it. We got good

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Speaker 2: news from the tourism hotel sector. Prime Minister's in before

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Speaker 2: he hops on the big Bird to Vietnam, Scott McLachlin

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Speaker 2: ahead of this weekend's Indie car returned Catherine Field rodin

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Speaker 2: Little they're in Europe for a year as well Oscar

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Speaker 2: Tuesday morning, seven past six. Like so many things the

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Speaker 2: Trump administration are doing right now, there is a seed

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Speaker 2: of a good idea and the Musk email asking what

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Speaker 2: it has people do each week. Obviously over all that's insane.

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Speaker 2: It achieves nothing. No one's reading them. It's not a

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Speaker 2: disciplined exercise, well targeted with a honed in outcome in mind.

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Speaker 2: It's a mass shocking or piece of nuttiness that goes

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Speaker 2: along with all the other nuttiness we've seen from Musk

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Speaker 2: of late. By the way, given how many cars Tesla

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Speaker 2: are currently recalling. We might like to ask elon just

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Speaker 2: how much attention he's paid to his car firm lately,

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Speaker 2: and how all the customers who went and got a

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Speaker 2: Tesla only to have to get back the feel and

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Speaker 2: whether he was actually paying attention to his job or

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Speaker 2: just being a knob at sea pack with a chainsaw.

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Speaker 2: Small fun fact, Tesla recalled more cars last year than

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Speaker 2: anyone according to motorwe dot com. How come he can't

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Speaker 2: build a car properly? And if he can't, how can

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Speaker 2: he be trusted to be in charge of a mass

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Speaker 2: reorganization of the public service. But as an idea, the

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Speaker 2: concept of checking off five things you did last week?

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Speaker 2: How many would one have trouble too put five things down?

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Speaker 2: But if they were honest, wonder if a few weren't

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Speaker 2: a bit non essential or three look at just what

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Speaker 2: it is they do for a living and come to

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Speaker 2: the conclusion that what they do isn't interesting or important

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Speaker 2: or perhaps most importantly, enjoyable. COVID was a blessing in

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Speaker 2: that sense, wasn't it? As it seems a lot of

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Speaker 2: people genuinely ask themselves the meaning of life, or at

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Speaker 2: least parts of life, and decided they were trapped, so

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Speaker 2: did something about it. Change of job, change of outlook,

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Speaker 2: change of company, change of country. Working from home, which

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Speaker 2: was a change has turned out to be bad news,

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Speaker 2: but seems a permanent part of the new landscape. Maybe

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Speaker 2: we should all get an email every now and again

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Speaker 2: to focus the mind. Life is short. How many are tripped?

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Speaker 2: How many aboard? How many do stuff that goes nowhere?

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Speaker 2: How many filled time with nothingness? How many would actually

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Speaker 2: benefit from that level of honesty and accountability.

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Speaker 1: What news of the world in ninety seconds.

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Speaker 2: Would get together? In cave of world leaders, Zelenski doing

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Speaker 2: his best to rally them at the word.

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Speaker 3: Beginning, they said that they are not occupying our authorities,

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Speaker 3: that they defend Russian speaking people.

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Speaker 4: That's why I think that stony.

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Speaker 5: And people have these risks if we will fall down.

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Speaker 2: Justin of Canada joining that general vibe that we need

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Speaker 2: to spend more defending ourselves.

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Speaker 6: We have more than tripled defense spending on the path

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Speaker 6: to twenty thirty and we're on our way to two percent,

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Speaker 6: and we know we're going to have to continue to

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Speaker 6: do more and more in an uncertain world, and Canada

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Speaker 6: will be there as to how we will be there.

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Speaker 6: We will work with our neighbors on it.

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Speaker 2: But Kristen of Estonia, she's into.

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Speaker 4: It well, is to go zoo.

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Speaker 7: Five percent of CDP d xda's probably in the air

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Speaker 7: four already, and we know that independence is invaluable.

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Speaker 4: That's why I'm.

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Speaker 8: Here in a sterner celebrating Gastna's birthday.

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Speaker 2: Kira Britain zoomed in from India, where he's looking to

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Speaker 2: reach out trade talks. He's all over the boots on

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Speaker 2: the ground.

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Speaker 8: The UK is ready and willing to support this with

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Speaker 8: troops on the ground, with other Europeans and with the

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Speaker 8: right conditions in place, and ultimately a US backstop will

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Speaker 8: be vital.

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Speaker 2: The big concession yesterday from Zelenski was if we get

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Speaker 2: NITO membership, I'll quit. Well, that's not happening.

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Speaker 9: I do not see the United States having Ukraine enter

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Speaker 9: into NATO and then having United States troops essentially obligated immediately.

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Speaker 2: Also in Europe, but in Germany specifically, posts about Mitz

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Speaker 2: is the winner. He's off to deal with the socialist losers.

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Speaker 10: With three hundred and twenty eight seats out of six

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Speaker 10: hundred and thirty, we can form a grand coalition Conservatives

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Speaker 10: and Social Democrats and that's exactly what we want and

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Speaker 10: the board has now given me full support for the

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Speaker 10: talks with the Social Democrats.

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Speaker 2: Finally, we have statistics from the National f GMC in

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Speaker 2: to what's that, Well, it's a children and Family services group.

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Speaker 2: In the past decade they've received over fourteen thousand witchcraft accusations,

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Speaker 2: the most frequenter of which is the people accused of

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Speaker 2: using witchcraft to inflict financial or health misfortunes on others.

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Speaker 2: Not sure what you do with it these the world

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Speaker 2: of ninety Yeah, the whole musk thing's falling apart. So

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Speaker 2: yesterday was Kesh for telling the FBI. Today it's the

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Speaker 2: State Department of the Pentagon. They've all issued their own

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Speaker 2: emails saying you know that idiot musk, don't worry about it.

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Speaker 2: Eleven past six.

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Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio powered

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Speaker 1: by News Talks IVY.

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Speaker 2: Singapore's done well yet again inflation. They seem to have

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Speaker 2: it well and truly unlike potentially this country and certainly

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Speaker 2: Britain and maybe America and kind of Australia, they've increased

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Speaker 2: one point two percent year on year, down from the

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Speaker 2: revised one point five core inflation, which is the one

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Speaker 2: we're interested in, zero point eight percent year on year,

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Speaker 2: down from one point eight, so they seem to be

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Speaker 2: rolling nicely. Fourteen past six and jere Am I Wealth

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Speaker 2: Andrew Caller had good morning, Good morning, Mike. Billion dollars

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Speaker 2: a lot of money. Twenty nine percent discount. That's a

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Speaker 2: good discount, isn't it.

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Speaker 5: Yes, well, they did have to offer a healthy intent.

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Speaker 4: Now what are we talking about? Well, the week has

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Speaker 4: started with a flurry of activity.

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Speaker 5: Unfortunately the result is they was a much weak in

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Speaker 5: his zone share market, which is now looking quite soggy

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Speaker 5: in year to day trading. So we are talking for

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Speaker 5: people out there rhyme and healthcare. So yesterday they announced

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Speaker 5: a billion dollar capital raise, quite a lot of money,

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Speaker 5: so they're effectively selling more shares in the company. They're

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Speaker 5: doing what's called an institutional placement, just over three hundred million,

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Speaker 5: so that goes out to large investors see if they

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Speaker 5: like to buy some shares. The balance is what's called

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Speaker 5: an entitlement office, so you get the opportunity to buy

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Speaker 5: more shares if you are an existing shareholder. And yes,

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Speaker 5: Mike three five twenty nine point two percent discount to

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Speaker 5: the last close, So they have had to offer this

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Speaker 5: healthy incentive to get people interested.

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Speaker 4: What's going on?

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Speaker 5: I mean, do you remember Ryman was once the darling

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Speaker 5: of the share market, very much so. So Ryman's calling

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Speaker 5: it a resetting of the balance sheet. They refer to

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Speaker 5: the now very widely quoted challenging market conditions which have

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Speaker 5: been amplified by a near term loss of sales momentum,

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Speaker 5: and importantly, Mike, the timing of the improvement in market

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Speaker 5: conditions and new sales and resales is uncertain. So look,

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Speaker 5: they've been working with their banking partners. They've decided they

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Speaker 5: need to take the size of action back in twenty

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Speaker 5: twenty three, I think February twenty twenty three.

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Speaker 4: They raise money back then that.

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Speaker 5: Also reduced Yet my uncertainty is the new buzz word

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Speaker 5: around town. Look, I think a couple more than one

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Speaker 5: person has counted it, but apparently the RBNZ used it

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Speaker 5: more than fifty times.

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Speaker 4: I haven't sat and counted it.

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Speaker 5: In the recent MPs in November, they only used it,

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Speaker 5: I don't know, sixteen, seventeen, eighteen times. Now Ryman owned

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Speaker 5: retirement villages, Mike so to grow the business. Historically, they borrowed,

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Speaker 5: they built more villages, but you've got to be able

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Speaker 5: to sell that inventory. And they got caught with an

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Speaker 5: extended balance sheet in a sort of a rising interest

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Speaker 5: rate environment, slowing property market, and they came undone.

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Speaker 4: So the answer here.

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Speaker 5: Now is to reduce what they call their gearing, all

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Speaker 5: their borrowing, de risk the current balance sheet, and then

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Speaker 5: try and reduce the inventory sort of. Management talked about

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Speaker 5: a softer than anticipated property market. There was competition in

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Speaker 5: the sector because other competitors were in the same place.

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Speaker 5: Yesterday we saw this ripple through the broader market. They

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Speaker 5: gave a training update as well, which was pretty soft. Then,

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Speaker 5: of course, might you had that lead from Friday night

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Speaker 5: that was pretty weak, then you get investors, we can

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Speaker 5: speculate them. Investors are also selling other positions to raise

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Speaker 5: cash to participate in this capital race. So Somerset was

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Speaker 5: down six and a quarter percent, Oceania down over five percent,

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Speaker 5: and the end result might was the ins and X

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Speaker 5: was down almost sort of well, let's call it one

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Speaker 5: and three quarter percent yesterday, so February three point six

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Speaker 5: percent fall and we're now down almost four and a

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Speaker 5: half percent so far this year, So not a great

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Speaker 5: starts to the year for the ins of X fifty,

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Speaker 5: but spending.

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Speaker 4: Finally, that's for some good news.

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Speaker 5: Retail trade Quarter four, last quarter of last year, released

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Speaker 5: by Stats New Zealand yesterday.

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Speaker 4: Retail activity picked up.

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Speaker 5: This will be music to the ears of the beleagued

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Speaker 5: retail sector. This is on a season adjuster basis. The

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Speaker 5: previous two quarters are both shown falls. So like the

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Speaker 5: total volume of retail sales increased by zero point nine

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Speaker 5: percent compared to the previous quarter. Look, it's not a

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Speaker 5: monumental shift, is it, But following what has been a

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Speaker 5: very extended period of weakness and retail sales, it is

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Speaker 5: welcome if only a modest increase. Annual growth is zero

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Speaker 5: point three percent, which is pretty amnemic flatlining really, but

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Speaker 5: the needle is starting to move. The move was broad

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Speaker 5: based regionally. Ten out of fifteen categories advanced, probably a

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Speaker 5: little bit better than the market expected.

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Speaker 4: Look at Mike.

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Speaker 5: This does join other data would suggest generally the New

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Speaker 5: Zealand economy is improving.

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Speaker 4: We just have to preface that people.

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Speaker 5: We say the economy is improving, people start thinking about

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Speaker 5: sort of twenty twenty one, twenty twenty five is not

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Speaker 5: the new twenty twenty one.

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Speaker 4: It'll be a modest recovery.

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Speaker 2: I noticed all the regions moved in the right direction.

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Speaker 2: I saw Hoo reasonably good as well. So that's encouraging, right.

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Speaker 2: What are the numbers?

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Speaker 5: Well, Thank goodness, the markets have recovered a little bit

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Speaker 5: from Friday night's sell off. For dal Jones is up

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Speaker 5: point four percent forty three thy six hundred and twelve.

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Speaker 5: The S and P five hundred is sort of flu

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Speaker 5: in the green. It's up six points six oh one nine. Unfortunately,

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Speaker 5: the Nasuaka is still is a little lower. It's down

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Speaker 5: point two percent nineteen thousand, four hundred and eighty five.

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Speaker 5: The FORTZEA one hundred overnight barely moved. The nick A

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Speaker 5: was up quarter percent three eight seven seven sixteen. How compose,

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Speaker 5: it fell small three three seven three. The Aussi's yesterday

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Speaker 5: gained twelve points eight three eight and for the record,

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Speaker 5: the nz NEX fifty was down two hundred and twenty points,

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Speaker 5: closing its twelve thousand, five hundred and thirty one. Kiwi

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Speaker 5: dollar point five seven four to two against the US

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Speaker 5: point nine oh three one against the Australian dollar point

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Speaker 5: five four eight to euro point four five four five

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Speaker 5: pounds eighty five point nine three Japanese end gold still

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Speaker 5: as strong as a Knox two thousand, nine hundred and

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Speaker 5: forty three dollars and Brett Crewed seventy four dollars and

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Speaker 5: eighty cents.

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Speaker 2: You have a fantastic day. See for Wednesday. Andrew Kelli

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Speaker 2: Jojoemiwealth dot co dot m z pasking I'd be a

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Speaker 2: bit about the movies. Imax. You know what i Amax is.

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Speaker 2: They're saying overnight that globally this year they reckon about

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Speaker 2: one point two big and that's US money for the year,

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Speaker 2: our strong domestic movie slate. Domestic, they're mean American improved

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Speaker 2: ticket sales in China, they're standing by a permission impossible,

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Speaker 2: How to Train Your Dragon, another Jurassic Park, the sequel

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Speaker 2: to Zotopia, and the Third Avatar. So they're feeling pretty

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Speaker 2: good about Life of the Movies, which is good. Six

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Speaker 2: twenty one, you're on the Mic Hosking.

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Speaker 1: Breakfast Good the Mike Hosking Breakfast Full Show podcast on

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Speaker 1: iHeartRadio powered by News Talks at B.

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Speaker 2: That spending was good. So, as I said to Andrew,

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Speaker 2: all regions were around the country HOSPO particularly did well,

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Speaker 2: and we've got more good news coming from the tourism

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Speaker 2: sector this morning hotel numbers. Interesting insight there, so that's

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Speaker 2: after seven o'clock, and then we've got the ASB Housing

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Speaker 2: confidence survey got a net thirty three percent expect prices

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Speaker 2: to rise this year, which they will, a net twenty

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Speaker 2: three believe it's a good time to buy a house.

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Speaker 2: Snooze you lose this for the three months end of December.

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Speaker 2: Banks suggests we might actually right here, right now, be

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Speaker 2: in a sweet spot at the moment. Canterbury confidence rose

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Speaker 2: the most surprisingly, where we are now is pretty much

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Speaker 2: on part of the optimism that we saw in twenty

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Speaker 2: twenty early twenty twenty one. So that's kind of encouraging,

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Speaker 2: isn't it. Mike Andrew Bailey's flamboyant and exuberant and clearly

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Speaker 2: self reflecting. But was he doing a good job and

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Speaker 2: serving a swell I wouldn't have a clear I hope

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Speaker 2: the sensitive staffer, who obviously wasn't satisfied with an apologies,

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Speaker 2: believes that we the taxpayer has the best outcoming here. Judia,

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Speaker 2: it's an interesting point. I really despair at this country

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Speaker 2: at the moment. I mean what he did. If you

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Speaker 2: grab somebody's arm, you know, no it's not cool, and

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Speaker 2: no you shouldn't do it. And I get all of that,

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Speaker 2: and yes he had form and he was always going

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Speaker 2: to be toast. But honestly, it's he didn't deck the guy.

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Speaker 2: He didn't run from the police like a mister Clark

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Speaker 2: that I could name. He just had an animated discision.

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Speaker 2: This is politics, for God's sake. Animated discussions happen every

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Speaker 2: single minute of every single day. Is it really that

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Speaker 2: big a deal?

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Speaker 1: Six twenty five trending now with Chemist Warehouse The Real

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Speaker 1: House of Vitamins.

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Speaker 2: Got some high quality radio from the UK. This is

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Speaker 2: on lb C on the Henry Riley Show. The subject

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Speaker 2: nudist beaches. Good topic for after mid day to day.

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Speaker 2: I would have thought. A guy called Clive calls in

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Speaker 2: to say that him and his wife Cynthia Cynthia axually

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Speaker 2: Cynthia have been going for years to these n beaches.

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Speaker 2: The host a little bit skeptical.

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Speaker 11: We've been now going for about twenty years, nudist beat.

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Speaker 11: My wife is here, oh.

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Speaker 12: I've been.

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Speaker 2: Want to pass me over to your wife, then, Clive, I.

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Speaker 11: Will try what the reception is good, much is saying,

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Speaker 11: but I can repeat things.

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Speaker 1: How long have you been going nude for Cynthia?

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Speaker 11: Okay, well, I mean we've been making going.

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Speaker 4: For twenty years, but from Cynthia.

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Speaker 11: Sorry, can you hear a reception? I think again?

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Speaker 2: Well, I'm not being rude here, Clive. Are you doing

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Speaker 2: a voice for Cynthia or is it?

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Speaker 13: Can you?

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Speaker 2: Can you both speak at the same time?

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Speaker 11: Do you want to talk at the same time? We

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Speaker 11: would be interfering with LBC signal? Do you reckon?

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Speaker 4: Absolutely?

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Speaker 13: Fine?

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Speaker 14: Enough?

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Speaker 2: Checked, I've checked.

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Speaker 11: What did you think I think, Clive saying to the

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Speaker 11: last speech when we went, would you say it was

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Speaker 11: any good?

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Speaker 14: Yes?

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Speaker 4: Voice has changed dramatically.

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Speaker 2: Ratings Juggernaut. So the New Zealand Initiative have done this research.

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Speaker 2: This is interesting. I don't know whether this goes anywhere,

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Speaker 2: not just the New Zealand Initiative. But Grigg Smith opened

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Speaker 2: the conversation the other day with a very good piece

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Speaker 2: in the Weekend. Here all that I alerted you to

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Speaker 2: yesterday on the program This is asset sales. Seymour will

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Speaker 2: be all over this, of course, and there's a possibility

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Speaker 2: the National Party are going to run to the election

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Speaker 2: campaign with the prospect of asset sales. So the report

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Speaker 2: out this morning suggests we've got basically a bit over

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Speaker 2: half a trillion dollars worth of sales assets. Rather the

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Speaker 2: returns no good, In other words, the amount of money

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Speaker 2: we've borrowed to pay for the stuff. It doesn't make

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Speaker 2: physical sense. So is the great asset sale debate? Back on,

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Speaker 2: Bryce Wilkinson of the New Zealand Initiative after the News,

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Speaker 2: which is next the news talk said.

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Speaker 1: Be my cost game in sateful engaging and title the

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Speaker 1: mic Hosking Breakfast with Bailey's real Estate finding the buyers

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Speaker 1: others can't use.

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Speaker 2: Tom said, b Acron's literally just walked into the White

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Speaker 2: House with Trump. So wil Lum get Katherine Field all

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Speaker 2: over that for you. Shortly, just to reiterate what we

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Speaker 2: were talking about with Andrew earlier on, just a couple

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Speaker 2: of numbers around the spending increase to give you some

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Speaker 2: sort of encouragement. Accommodation up eleven percent. That's material, food

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Speaker 2: and beverage up three point three percent, Electrical and electronic

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Speaker 2: goods up three point three percent. Eleven of the fifteen

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Speaker 2: industries are up. I told you every region in the

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Speaker 2: country has done well as far as regions the most

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Speaker 2: positive a targo seasonally adjusted sales values rising seven point

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Speaker 2: eight percent. Can't argue with that twenty three to seven right,

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Speaker 2: speaking money, more insight this morning into the crown's assets

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Speaker 2: and whether they're worth owning, whether we should be in

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Speaker 2: a discussion again about selling them. State owns about half

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Speaker 2: a trillion and ass it's five hundred and seventy one

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Speaker 2: billion to be precise. So here's the rub. The returns

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Speaker 2: don't cover the interest costs on money borrowed to own

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Speaker 2: them in the first place. New Zealand initiative they've done

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Speaker 2: the report in Bryce Wilkinson is well, it's a very

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Speaker 2: good morning to you.

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Speaker 15: Good morning.

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Speaker 2: Make the amount of interest that we now owe an

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Speaker 2: every dollar, do you reckon people? Get that? Understand that

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Speaker 2: or not?

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Speaker 4: Really?

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Speaker 16: No?

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Speaker 15: So in the report we identify the net interest speed

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Speaker 15: on government borians is about three point seven cents and

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Speaker 15: every dollar collected in taxes, and that's about three times

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Speaker 15: higher than it was a few years ago when interest

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Speaker 15: rates were very low and the.

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Speaker 13: Debt was lower.

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Speaker 2: What would you sell if you could?

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Speaker 15: The literature empirical workers overwhelming that governments are not good

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Speaker 15: at running commercial assets, so you'd start there. Also, the

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Speaker 15: government owns an enormous amount of real estate in New

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Speaker 15: Zealand and dark owns about thirty percent of New Zealand

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Speaker 15: and ever going to be funded well enough to enhance

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Speaker 15: the amenity value of that for New Zealand as much

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Speaker 15: as other people could. So idle land which it's not

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Speaker 15: using well, should also be looked at.

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Speaker 2: You've already enraged people, and this is where the debate

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Speaker 2: gets interesting, isn't it. Do you think we're up for

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Speaker 2: the politics of this discussion.

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Speaker 15: Yeah, the report acknowledges people's concerns about selling assets. We

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Speaker 15: use the analogy of what a household does when it's

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Speaker 15: in trouble with the level of its borrowings. You've either

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Speaker 15: got to cut back and spending or raise income somehow.

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Speaker 15: The government could raise tax rates, but it's also got

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Speaker 15: a productivity objective, so that doesn't tell the other thing

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Speaker 15: the report a knowledge is is that any assets salers

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Speaker 15: process has to be pretty squeaky clean. It's got to

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Speaker 15: be getting a good price and no sort of hidden deals.

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Speaker 15: It's got to be transparent, it's got to be an

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Speaker 15: option sort of process. So the report is very conscious

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Speaker 15: of the people's concerns about government as itself.

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Speaker 2: If this was the first time we were ever having

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Speaker 2: the discussion, would it be completely different from the reality

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Speaker 2: of what we're doing. And we've seen key we rail

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Speaker 2: and all the other problems. You look at Wyaler in

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Speaker 2: South Australia at the moment, you look at Thames Water

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Speaker 2: in Britain. Saying you sell something well and it actually

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Speaker 2: being sold well are often two different things. And that's

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Speaker 2: a problem, isn't it.

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Speaker 15: Yes, that's right, And to some extent there are report

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Speaker 15: emphasizes so that that so much so it is a

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Speaker 15: bit of a warning sign to the government that you

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Speaker 15: should be looking at doing this. You need so much

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Speaker 15: money for infrastructure for maintenance, hospitals, schools and the like,

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Speaker 15: and now with the Chinese wake up and more on defense,

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Speaker 15: so should be looking at whether the country should be

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Speaker 15: prepared to look at all the options and have an

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Speaker 15: adult conversation about them and not let fears shut it down,

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Speaker 15: but insist on good process.

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Speaker 2: You're on your brice preciated as always. Bryce Wilkinson, New

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Speaker 2: Zealand Initiative Senior Fellow and Mike Transpowers Not for Sale well,

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Speaker 2: according to Greg Smith at Devon Funds, it should be

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Speaker 2: that's one and a half billion, I think from memory.

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Speaker 2: And then you get rid of the rest of the

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Speaker 2: other power companies going and then you can sell various

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Speaker 2: airports and ports and so the debate begins what will

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Speaker 2: be interesting The next step required as a party to

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Speaker 2: come forward and go yep, that's us. And so we're

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Speaker 2: already get David Seymour at the Act Party thinking that

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Speaker 2: that could be something he campaigned on. And the other

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Speaker 2: interesting thing is do National go down that same route

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Speaker 2: nineteen away from seven pask like, please ask the PM

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Speaker 2: if he's going to do anything about the Supreme Court

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Speaker 2: making law. Read the seabed where the Supreme Court have

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Speaker 2: done such a thing as such, showing the court case

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Speaker 2: is underway at the moment it will be for a

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Speaker 2: sustained period of time. If you're not following that, it's

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Speaker 2: absolutely fascinating. There's a great debate as to whether they

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Speaker 2: should be in court this night Tahoo in the South Island.

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Speaker 2: It's the great debate whether they should be in court

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Speaker 2: or whether they should be in the way Tangy Tribunal.

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Speaker 2: That's the Crown's argument or part of the Crown's argument,

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Speaker 2: Mike Bailey's a loose unit. Lucky for him he hadn't

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Speaker 2: decked somebody, or hasn't been decked by somebody. I don't

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Speaker 2: think you'd put up with someone like that in the office, Mike.

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Speaker 2: I see Chris Hipkins is barking at cars again. Mike,

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Speaker 2: you might like to ask the PM who's about to

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Speaker 2: be out of the country with the deputy Prime Minister

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Speaker 2: already oversees, who's going to run the country. It can't

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Speaker 2: be David Seemore, He's not the deputy. Will you make

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Speaker 2: the mistake in it has to be the deputy. It

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Speaker 2: is the deputy in Winston's case. And whether he's still

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Speaker 2: out of the country, I don't know. Is in Saudi

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Speaker 2: Arabia over the weekend of the boxing, but he may

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Speaker 2: well be back. And if he's not at his David Seymore.

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Speaker 2: Do you know why I know this because he's done

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Speaker 2: it before. This is not a first. There's nothing unusual

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Speaker 2: about this.

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Speaker 1: Eighteen to two The Mike Asking Breakfast Full Show podcast

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Speaker 1: on iHeartRadio, powered by News Talks ep.

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Speaker 2: Off and running Mike sell Coorus Government owned sixty six

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Speaker 2: percents are worth a couple of billion years. Griggs piece,

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Speaker 2: which I do reiterator, is well worth reading from the weekend.

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Speaker 2: He's arguing get rid of the rest of the power

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Speaker 2: companies at fifteen billion, Mike. If they privatize electricity, doesn't

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Speaker 2: that just mean that the middle income New Zealand will

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Speaker 2: pay more for electricity prices and those at the bottom

440
00:20:53,760 --> 00:20:55,680
Speaker 2: will be getting government handouts, and those at the top

441
00:20:55,680 --> 00:20:58,080
Speaker 2: will wreap the benefits of buying into the electricity companies

442
00:20:58,080 --> 00:21:01,680
Speaker 2: they currently already own. That's the jold debate around osset sales.

443
00:21:01,720 --> 00:21:04,480
Speaker 2: We already own them and we've already paid for them,

444
00:21:04,800 --> 00:21:06,600
Speaker 2: and it all depends on one how you sell them

445
00:21:06,600 --> 00:21:08,720
Speaker 2: and to whether they run them efficiently. Of course, I

446
00:21:08,760 --> 00:21:10,880
Speaker 2: can cite you any number of examples in New Zealand's

447
00:21:10,880 --> 00:21:13,840
Speaker 2: a better company for being publicly floated or being sold off.

448
00:21:13,880 --> 00:21:16,120
Speaker 2: There's no question about that, mind you. I can counter

449
00:21:16,200 --> 00:21:17,600
Speaker 2: that by saying, one of the best airlines in the

450
00:21:17,640 --> 00:21:20,280
Speaker 2: world as Emirates, who owns Emirates? The government who owned Singapore?

451
00:21:20,359 --> 00:21:22,640
Speaker 2: The government? Morning? Might I need to sell the wog

452
00:21:22,680 --> 00:21:24,720
Speaker 2: train wreck that TV one and radio in New Zealand are, well,

453
00:21:24,720 --> 00:21:26,640
Speaker 2: you couldn't sell it. That's the other point, what's left

454
00:21:26,680 --> 00:21:28,280
Speaker 2: John Key when he was on the program a couple

455
00:21:28,320 --> 00:21:29,920
Speaker 2: of weeks ago, it did not a lot left to sell.

456
00:21:30,400 --> 00:21:33,000
Speaker 2: You'd be selling TV one literally for scrap. It's not

457
00:21:33,080 --> 00:21:35,080
Speaker 2: worth anything. Once upon a time, maybe a couple of

458
00:21:35,080 --> 00:21:37,800
Speaker 2: billion dollars. Now it's worth next to nothing. Six forty five.

459
00:21:38,480 --> 00:21:42,399
Speaker 3: International correspondent squid ends in eye insurance peace of mind

460
00:21:42,440 --> 00:21:43,879
Speaker 3: for New Zealand business in France.

461
00:21:43,960 --> 00:21:45,159
Speaker 2: Katherline Field, how are you.

462
00:21:45,840 --> 00:21:47,159
Speaker 13: I'm fine, thank you, mate, man.

463
00:21:47,960 --> 00:21:50,199
Speaker 2: And I was just watching old Macron wandering with Trumpe.

464
00:21:50,600 --> 00:21:52,480
Speaker 2: I didn't see the handshake, whether it is up or down,

465
00:21:52,480 --> 00:21:54,880
Speaker 2: around around, they're off for lunch. I mean he's got

466
00:21:54,880 --> 00:21:57,640
Speaker 2: a job, hasn't he. Macron, he's representing I'm assuming all

467
00:21:57,640 --> 00:21:58,160
Speaker 2: of Europe.

468
00:21:59,080 --> 00:21:59,439
Speaker 9: He is.

469
00:21:59,480 --> 00:22:02,719
Speaker 7: Indeed, yes, just to be precise on that, Mike, it

470
00:22:02,760 --> 00:22:05,640
Speaker 7: was a handshake, not a hug. That was the first

471
00:22:05,680 --> 00:22:08,320
Speaker 7: thing that the French TV said when they saw it.

472
00:22:08,359 --> 00:22:11,520
Speaker 7: Of course, in the past twenty seventeen, when Macron first

473
00:22:11,600 --> 00:22:15,040
Speaker 7: met Donald Trump, then president, it was a hug. It's

474
00:22:15,080 --> 00:22:18,200
Speaker 7: all warmth, all smiles. We haven't seen that today. This

475
00:22:18,440 --> 00:22:22,080
Speaker 7: visits by Emmanuel Macron, the first European leader to have

476
00:22:22,119 --> 00:22:24,760
Speaker 7: a one on one with Trump since he took office,

477
00:22:25,000 --> 00:22:28,040
Speaker 7: of course, coincides with a third anniversary of the start

478
00:22:28,080 --> 00:22:28,560
Speaker 7: of the war.

479
00:22:29,080 --> 00:22:29,639
Speaker 1: He does.

480
00:22:29,680 --> 00:22:33,600
Speaker 7: He has a really hard job to convince Donald Trump

481
00:22:33,800 --> 00:22:38,040
Speaker 7: that if there is a quick deal with Vladimir Putin

482
00:22:38,160 --> 00:22:41,480
Speaker 7: to stop the war in Ukraine, then that risks being

483
00:22:41,520 --> 00:22:43,960
Speaker 7: a bad deal. And that's the message he's going to say, Look,

484
00:22:44,280 --> 00:22:46,320
Speaker 7: if it's a bad deal, you will end up on

485
00:22:46,359 --> 00:22:48,960
Speaker 7: the wrong side of history. It will weaken you, It'll

486
00:22:48,960 --> 00:22:51,720
Speaker 7: make you look weak to the Chinese. That's what he

487
00:22:51,840 --> 00:22:55,520
Speaker 7: wants to convince him about. He also wants to tell Trump, Okay,

488
00:22:55,600 --> 00:22:58,040
Speaker 7: we know what you're going on about European defense.

489
00:22:58,119 --> 00:22:59,520
Speaker 2: We know we need to do better.

490
00:23:00,080 --> 00:23:02,399
Speaker 7: There is going to be increased defense spending. There's a

491
00:23:02,440 --> 00:23:06,879
Speaker 7: discussion about European defense capability. But for the time being,

492
00:23:07,560 --> 00:23:11,600
Speaker 7: he's going to say, please can you keep that US

493
00:23:11,640 --> 00:23:15,200
Speaker 7: security guarantee in place in Europe. It's been there since

494
00:23:15,200 --> 00:23:17,280
Speaker 7: the end of the Second World War. That is what

495
00:23:17,359 --> 00:23:21,120
Speaker 7: europe stability in Euro's economics are based on. Please keep

496
00:23:21,200 --> 00:23:23,359
Speaker 7: that in place. On top of that, he's going to

497
00:23:23,480 --> 00:23:27,120
Speaker 7: talk about this idea that macroml and the UK Prime

498
00:23:27,160 --> 00:23:30,040
Speaker 7: Minister Starma have come up with that there could be

499
00:23:30,119 --> 00:23:33,560
Speaker 7: some sort of European reassurance force that would go into

500
00:23:33,680 --> 00:23:36,720
Speaker 7: Ukraine after there was a peace settlement. Now, of course

501
00:23:36,800 --> 00:23:39,160
Speaker 7: they can't do that on their own. They would need

502
00:23:39,440 --> 00:23:42,440
Speaker 7: US intelligence and put they would need US air support.

503
00:23:42,720 --> 00:23:45,280
Speaker 7: So he's also going to say, if we do do that,

504
00:23:46,320 --> 00:23:48,280
Speaker 7: would you be able to help us out there? So

505
00:23:48,320 --> 00:23:51,560
Speaker 7: that's what he's hoping he's going to get. We are

506
00:23:51,720 --> 00:23:54,760
Speaker 7: told from the USA Palace that you will not see

507
00:23:54,800 --> 00:23:58,240
Speaker 7: the usual emmanual Macron mayor that you will see him

508
00:23:58,720 --> 00:24:02,760
Speaker 7: looking very serious and showing humility towards Donald Trump as

509
00:24:02,840 --> 00:24:03,720
Speaker 7: what we're told.

510
00:24:03,760 --> 00:24:05,760
Speaker 2: No pressure. Then then the main time back in Keev,

511
00:24:06,160 --> 00:24:07,679
Speaker 2: I know that Starmer is an India doing a tri

512
00:24:07,760 --> 00:24:11,000
Speaker 2: deealer Macrons obviously in Washington, so limited in numbers. But

513
00:24:11,200 --> 00:24:14,240
Speaker 2: once again we gather around the table and what say

514
00:24:14,280 --> 00:24:15,120
Speaker 2: what We're with you?

515
00:24:16,880 --> 00:24:20,119
Speaker 7: That's exactly yet. Yes, there was that decision to have

516
00:24:20,400 --> 00:24:24,800
Speaker 7: this big EU meeting in Kiev to mark the anniversary,

517
00:24:24,880 --> 00:24:27,280
Speaker 7: to say yes, we are with you, we have been

518
00:24:27,320 --> 00:24:29,080
Speaker 7: with you since the start, we will be with you

519
00:24:29,119 --> 00:24:31,000
Speaker 7: at the end, and we'll be with you into the future.

520
00:24:31,560 --> 00:24:34,280
Speaker 7: That is the message that they hope to get across.

521
00:24:34,359 --> 00:24:37,280
Speaker 7: They did get that message. There was also the Canadian

522
00:24:37,280 --> 00:24:40,160
Speaker 7: Prime minister, the current Prime Minister Trudeau was also there.

523
00:24:40,680 --> 00:24:42,480
Speaker 7: And that's what they're trying to do, Mike. You know,

524
00:24:42,800 --> 00:24:45,800
Speaker 7: when you've got all these European and non European leaders

525
00:24:45,800 --> 00:24:49,720
Speaker 7: going there, they're trying to counter what they see quite

526
00:24:49,760 --> 00:24:54,200
Speaker 7: clearly as Donald Trump siding with Putin, and they're saying, look,

527
00:24:54,240 --> 00:24:56,879
Speaker 7: we are still siding with you. And when you just

528
00:24:56,920 --> 00:24:58,920
Speaker 7: look at what else has happened in the last hour

529
00:24:59,080 --> 00:25:03,960
Speaker 7: that you win RESERL, which condemned the Russian aggression in Ukraine,

530
00:25:04,440 --> 00:25:07,919
Speaker 7: that the US voted against that sided with Russia and

531
00:25:07,960 --> 00:25:10,520
Speaker 7: North Korea and Belarusia. So that is what they're trying

532
00:25:10,520 --> 00:25:12,720
Speaker 7: to do, and say, look, you know, the United States

533
00:25:12,840 --> 00:25:15,439
Speaker 7: might be siding with Putin for the time being, but

534
00:25:15,520 --> 00:25:18,480
Speaker 7: we are still there. And I think I've said it before, Mike.

535
00:25:19,359 --> 00:25:24,240
Speaker 7: The French Defense Minister reminded everyone today that fighting between

536
00:25:24,560 --> 00:25:28,119
Speaker 7: Russia and Ukraine is just two thousand kilometers away from

537
00:25:28,200 --> 00:25:29,680
Speaker 7: mainland France exactly.

538
00:25:30,240 --> 00:25:32,760
Speaker 2: Just quickly, I noted Merzers off to talk to the

539
00:25:32,760 --> 00:25:34,840
Speaker 2: Social Democrats. He's got the nod to do. That is

540
00:25:34,840 --> 00:25:37,399
Speaker 2: that an easy deal or not, it should be an

541
00:25:37,440 --> 00:25:38,000
Speaker 2: easy deal.

542
00:25:38,240 --> 00:25:41,840
Speaker 7: Matt says that he should have a coalition in place

543
00:25:41,880 --> 00:25:45,879
Speaker 7: by easter. That's the twentieth of April. Very interesting stuff

544
00:25:45,880 --> 00:25:49,680
Speaker 7: coming from him, though, Mike warning that we're now at

545
00:25:49,720 --> 00:25:53,720
Speaker 7: a five to midnight moment that the mainstream parties have

546
00:25:53,840 --> 00:25:55,880
Speaker 7: to act now if they're going to stop the far

547
00:25:56,040 --> 00:25:59,879
Speaker 7: right from really coming into Parliament and the next election.

548
00:26:00,119 --> 00:26:03,360
Speaker 7: There the other thing which was extraordinary to hear him

549
00:26:03,440 --> 00:26:06,400
Speaker 7: talk about this being the end of the Transatlantic Alliance.

550
00:26:06,720 --> 00:26:09,560
Speaker 7: Very unusual for a German of his generation to say that.

551
00:26:10,560 --> 00:26:13,240
Speaker 7: But you know what they're hoping for, of course, is

552
00:26:13,280 --> 00:26:16,600
Speaker 7: that Matt's and Emmanuel macronold they're both risk takers. They

553
00:26:16,720 --> 00:26:19,840
Speaker 7: both know that times are changing in Europe and Europe's

554
00:26:19,840 --> 00:26:22,440
Speaker 7: going to have to start talking at least about some

555
00:26:22,480 --> 00:26:24,960
Speaker 7: sort of independent European defense capability.

556
00:26:25,080 --> 00:26:27,560
Speaker 2: Jeez, are interesting times, aren't they? Catherine appreciated as all

557
00:26:27,600 --> 00:26:30,320
Speaker 2: I see next week Catherine Field in France ten to seven.

558
00:26:30,560 --> 00:26:34,359
Speaker 1: The Mike Hosking Breakfast with the Range Rover Villa news togs.

559
00:26:34,359 --> 00:26:37,200
Speaker 2: There'd be there's Mike in't like the vast majority of politicians.

560
00:26:37,240 --> 00:26:39,879
Speaker 2: Andrew Bailey actually had a successful life in the business world.

561
00:26:40,160 --> 00:26:42,240
Speaker 2: Most of our politicians couldn't read a balance sheet, but

562
00:26:42,280 --> 00:26:45,080
Speaker 2: Bailey clearly canon was actually doing work in his portfolio.

563
00:26:45,160 --> 00:26:47,760
Speaker 2: And like some of the other lightweights, why would anyone

564
00:26:47,760 --> 00:26:50,200
Speaker 2: who has a successful life outside politics want to sign

565
00:26:50,280 --> 00:26:52,600
Speaker 2: up if you'll get the boot for making silly jesters

566
00:26:52,600 --> 00:26:55,720
Speaker 2: and touching somebody on the arm. It's a fine line.

567
00:26:56,080 --> 00:26:57,720
Speaker 2: I don't defend what he did. I mean, I don't

568
00:26:57,760 --> 00:27:00,000
Speaker 2: even know what he did. I mean, does anyone actually

569
00:27:00,240 --> 00:27:01,800
Speaker 2: know what he did? I mean, was that was the

570
00:27:02,040 --> 00:27:03,800
Speaker 2: do we even know of the person's male or female?

571
00:27:04,320 --> 00:27:08,439
Speaker 2: Was a female? Is that confirmed? Was a male? So

572
00:27:08,560 --> 00:27:11,400
Speaker 2: it's a male, So you grab somebody's arm. No, it's

573
00:27:11,440 --> 00:27:15,159
Speaker 2: not cool, No, but it's you know, really, maybe he'd

574
00:27:15,160 --> 00:27:16,760
Speaker 2: had a clean sheet, it would have been nothing. But

575
00:27:16,800 --> 00:27:19,040
Speaker 2: he didn't have a clean sheet, and that weird loser

576
00:27:19,080 --> 00:27:21,600
Speaker 2: thing that you can't explain that either. So maybe the

577
00:27:21,600 --> 00:27:23,120
Speaker 2: guy I don't know him from a bar of soap.

578
00:27:23,440 --> 00:27:25,920
Speaker 2: Maybe he's eclectic, maybe he's an odd bloke. Maybe he's

579
00:27:25,920 --> 00:27:28,199
Speaker 2: an odd ball, but as a decent bloke, he's a

580
00:27:28,200 --> 00:27:31,320
Speaker 2: good representative of the region. Somebody who's asking yesterday, why

581
00:27:31,359 --> 00:27:33,520
Speaker 2: didn't he resign as an MP and his whole well,

582
00:27:33,520 --> 00:27:35,919
Speaker 2: of course, why not, let's let's have a by election.

583
00:27:36,160 --> 00:27:38,080
Speaker 2: Why don't we spend half a million dollars on a

584
00:27:38,080 --> 00:27:40,679
Speaker 2: good old by election as well, because God forbid, he

585
00:27:40,720 --> 00:27:43,080
Speaker 2: holds onto a job forever. The whole thing just seems

586
00:27:43,119 --> 00:27:46,199
Speaker 2: to be yet another example of why this country is

587
00:27:46,280 --> 00:27:51,600
Speaker 2: drifting so bloody aimlessly, because we obsess about MINUTIAI and

588
00:27:51,640 --> 00:27:56,240
Speaker 2: that's our problem. Five minutes away from seven and Helse.

589
00:27:56,600 --> 00:28:00,720
Speaker 1: It's the fizz with business fiber, take your business productivity

590
00:28:00,800 --> 00:28:01,760
Speaker 1: to the next level.

591
00:28:01,880 --> 00:28:03,679
Speaker 2: As I mentioned with Catherine a moment ago, a lot

592
00:28:03,680 --> 00:28:05,880
Speaker 2: of wait and see around the potential new government in Germany.

593
00:28:06,080 --> 00:28:08,520
Speaker 2: Reports this morning indicate there is optimism that the economy

594
00:28:08,600 --> 00:28:10,040
Speaker 2: is going to start to do better than it has,

595
00:28:10,119 --> 00:28:11,719
Speaker 2: which is just as well, because what it's been doing

596
00:28:11,840 --> 00:28:13,800
Speaker 2: is going backwards, and that's what you do. When you

597
00:28:13,800 --> 00:28:16,880
Speaker 2: give a country to the socialists, they generally wreck the thing.

598
00:28:17,160 --> 00:28:19,919
Speaker 2: Debt break is what they're talking about now. Merkle was

599
00:28:19,960 --> 00:28:21,919
Speaker 2: the inventor of the debt break. This is back in

600
00:28:21,960 --> 00:28:25,439
Speaker 2: two thousand and nine. Basically, it's a sort of a

601
00:28:25,480 --> 00:28:27,720
Speaker 2: way of showing you can balance the books and it

602
00:28:27,800 --> 00:28:30,600
Speaker 2: kind of limits what you can do. Annual borrowing is

603
00:28:30,640 --> 00:28:33,159
Speaker 2: limited to zero point three five percent of the GDP. Now,

604
00:28:33,160 --> 00:28:35,680
Speaker 2: depending on who you ask, it's either that's a good

605
00:28:35,680 --> 00:28:38,560
Speaker 2: thing because it's discipline, or it's the reason why they're

606
00:28:38,560 --> 00:28:41,440
Speaker 2: struggling now because under investment and infrastructure they could borrow

607
00:28:41,480 --> 00:28:43,840
Speaker 2: more money. Anyway, Mertz wants to change all of that

608
00:28:44,360 --> 00:28:47,640
Speaker 2: as well as the Social Dems are the AfD and DILINK.

609
00:28:48,160 --> 00:28:51,040
Speaker 2: They hold enough seats to veto any constitutional amendments, so

610
00:28:51,080 --> 00:28:53,960
Speaker 2: they can pars legislation. But if you go big on

611
00:28:54,000 --> 00:28:56,560
Speaker 2: the constitutional side of the equation, they don't have what

612
00:28:56,560 --> 00:28:59,960
Speaker 2: they would loosely call the supermajority euro and the sheer market.

613
00:29:00,400 --> 00:29:03,680
Speaker 2: They're anticipating a coalition announcement fairly shortly. The euro top

614
00:29:03,720 --> 00:29:05,560
Speaker 2: one a five against the US dollar ap to drop

615
00:29:05,560 --> 00:29:08,280
Speaker 2: into its lowest level since November twenty two. It was

616
00:29:08,280 --> 00:29:10,400
Speaker 2: when Trump announced the first out of terror plans. The

617
00:29:10,520 --> 00:29:13,960
Speaker 2: dacks hit a wall after going up fifteen percent in January.

618
00:29:13,960 --> 00:29:16,920
Speaker 2: That's expected to start gaining some sort of momentum again

619
00:29:17,360 --> 00:29:19,560
Speaker 2: with a new government expected to reboot the economy and

620
00:29:19,600 --> 00:29:22,640
Speaker 2: bring in international investment. You note that everyone's bringing an

621
00:29:22,640 --> 00:29:27,560
Speaker 2: international investment. Indonesia yesterday announced a big fund. The Chinese

622
00:29:27,560 --> 00:29:30,440
Speaker 2: want international investment. So it's like somebody's passed a book

623
00:29:30,440 --> 00:29:32,800
Speaker 2: around leaders around the world and clearly gave lux and

624
00:29:32,840 --> 00:29:35,400
Speaker 2: one and said what you need is international investment. They

625
00:29:35,440 --> 00:29:37,120
Speaker 2: all went, Oh, I know, let's set up a big

626
00:29:37,160 --> 00:29:41,560
Speaker 2: world fund and let's attract international investment. Anyway, defense spending,

627
00:29:41,640 --> 00:29:44,840
Speaker 2: that's good because the largest arms manufacturer told you about

628
00:29:44,840 --> 00:29:47,640
Speaker 2: this last week. Ryan Metal Bear shares are up forty

629
00:29:47,760 --> 00:29:53,959
Speaker 2: four percent so far this year. Geopolitical shambles is always

630
00:29:54,000 --> 00:29:57,440
Speaker 2: good for people who make things that go bang now.

631
00:29:57,760 --> 00:30:00,120
Speaker 2: Erica Stanford told you about this yesterday too. I had

632
00:30:00,120 --> 00:30:02,200
Speaker 2: no idea how many teachers were short off, so we

633
00:30:02,240 --> 00:30:04,080
Speaker 2: need to do something about it. So she's got the

634
00:30:04,080 --> 00:30:06,720
Speaker 2: details on that. Christopher Luxan after seven thirty.

635
00:30:07,880 --> 00:30:12,240
Speaker 1: News Opinion and everything in between, the Mike Hosking Break

636
00:30:12,280 --> 00:30:16,400
Speaker 1: Best with a Vita Retirement, Communities, Life Your Way news

637
00:30:16,440 --> 00:30:17,080
Speaker 1: togs had.

638
00:30:16,920 --> 00:30:19,120
Speaker 2: Been folloing seven past seven. So numbers have proved to

639
00:30:19,160 --> 00:30:20,680
Speaker 2: be a problem with the public service. We thought we

640
00:30:20,720 --> 00:30:22,800
Speaker 2: had a lot more teachers than we've actually got. Turns

641
00:30:22,800 --> 00:30:24,920
Speaker 2: out were about twelve hundred and fifty short this year.

642
00:30:25,000 --> 00:30:27,920
Speaker 2: So offshore primary teachers will be put on the straight

643
00:30:28,000 --> 00:30:31,200
Speaker 2: residency greenlist as of next month. The Immigration and Education Minister,

644
00:30:31,320 --> 00:30:33,600
Speaker 2: Erica Stanford is with us on all this morning to you.

645
00:30:34,320 --> 00:30:35,080
Speaker 17: Good morning, mate.

646
00:30:35,080 --> 00:30:37,520
Speaker 2: Have you had to hustle to make this announcement because

647
00:30:37,520 --> 00:30:38,200
Speaker 2: of what happened?

648
00:30:39,760 --> 00:30:42,719
Speaker 17: No, I haven't hustled. At the end of last year

649
00:30:42,760 --> 00:30:46,000
Speaker 17: when the teacher data should have come out, and they

650
00:30:46,920 --> 00:30:48,960
Speaker 17: turned up at my office and handed me a document

651
00:30:49,000 --> 00:30:51,560
Speaker 17: that showed me the teacher data, which was wildly different

652
00:30:51,600 --> 00:30:54,880
Speaker 17: than the year before. Of course you could imagine my reaction, Mike,

653
00:30:55,720 --> 00:30:57,800
Speaker 17: at which point I asked them to start delving into

654
00:30:57,840 --> 00:30:59,520
Speaker 17: the data. When they came back to me and they

655
00:30:59,560 --> 00:31:04,200
Speaker 17: said to me, the Minister, our data is wholly unreliable.

656
00:31:04,200 --> 00:31:07,080
Speaker 17: Those were their words. And I enjoy at that point

657
00:31:07,320 --> 00:31:10,720
Speaker 17: late last year that we ready to get better data,

658
00:31:10,760 --> 00:31:12,840
Speaker 17: but I also knew that it wasn't going to be great.

659
00:31:12,920 --> 00:31:15,960
Speaker 17: So at that point that's when I hustled, said to

660
00:31:15,960 --> 00:31:18,520
Speaker 17: Immigration right what we do right now? And they have

661
00:31:18,640 --> 00:31:21,400
Speaker 17: been amazing, worked at speed so that I've been able

662
00:31:21,440 --> 00:31:23,320
Speaker 17: to do this right.

663
00:31:23,400 --> 00:31:25,000
Speaker 2: So the next thing. All the problem we have is

664
00:31:25,320 --> 00:31:27,240
Speaker 2: there a demand. So in other words, green lighting is

665
00:31:27,240 --> 00:31:29,000
Speaker 2: one thing. Are there a bunch of people who will

666
00:31:29,000 --> 00:31:29,440
Speaker 2: turn up?

667
00:31:31,040 --> 00:31:33,200
Speaker 17: I think that there are because we did this for

668
00:31:33,600 --> 00:31:36,520
Speaker 17: secondary school teachers. So when I got there initial data

669
00:31:36,920 --> 00:31:39,400
Speaker 17: back in twenty twenty three, when I first became the minister,

670
00:31:39,520 --> 00:31:42,760
Speaker 17: I saw the secondary school teachers we were in trouble.

671
00:31:42,800 --> 00:31:44,520
Speaker 17: I mean that it was looking like we were going

672
00:31:44,560 --> 00:31:47,840
Speaker 17: to be one hundreds short, and I moved immediately to

673
00:31:47,880 --> 00:31:51,240
Speaker 17: put them on the immediate pathway to residence. We didn't

674
00:31:51,280 --> 00:31:53,479
Speaker 17: put primary school teachers on because the data told us

675
00:31:53,520 --> 00:31:56,360
Speaker 17: something different. And we've seen since then we have had

676
00:31:56,520 --> 00:32:00,360
Speaker 17: quite a big uptick in secondary school teachers coming through.

677
00:32:00,680 --> 00:32:03,280
Speaker 17: It has made a difference. So that's why we know

678
00:32:03,360 --> 00:32:05,120
Speaker 17: this well. But it's only a very small part of

679
00:32:05,160 --> 00:32:06,880
Speaker 17: the puzzle. There's a lot more we need to do

680
00:32:06,960 --> 00:32:09,880
Speaker 17: in terms of on site training and scholarships and encouraging

681
00:32:09,920 --> 00:32:11,080
Speaker 17: young people to get into teaching.

682
00:32:11,200 --> 00:32:12,120
Speaker 2: Exactly are we doing that?

683
00:32:13,120 --> 00:32:15,680
Speaker 17: We are? And I knew last year even though I

684
00:32:15,720 --> 00:32:18,520
Speaker 17: had data from the Ministry when I first became the

685
00:32:18,520 --> 00:32:20,480
Speaker 17: minister that said we're going to have an oversupply of

686
00:32:20,520 --> 00:32:23,960
Speaker 17: primary teachers. I knew in my gut. I was like, no,

687
00:32:24,120 --> 00:32:26,440
Speaker 17: I doesn't feel right. I'd been around the country. I'd

688
00:32:26,440 --> 00:32:29,680
Speaker 17: talked to the Southland Primary Principles, the Auckland Primary Principles

689
00:32:29,680 --> 00:32:32,560
Speaker 17: and they were saying to me, we're not seeing it here.

690
00:32:32,680 --> 00:32:35,240
Speaker 17: So when I said to the Ministry, doesn't feel right,

691
00:32:35,280 --> 00:32:37,360
Speaker 17: they said, oh, no, Minister, it's just regional. So I've

692
00:32:37,360 --> 00:32:40,200
Speaker 17: now made them do regional data the first time that

693
00:32:40,280 --> 00:32:42,720
Speaker 17: they've never done that before. So I knew something was up.

694
00:32:42,880 --> 00:32:44,800
Speaker 17: I didn't trust the ministry and last year and last

695
00:32:44,880 --> 00:32:48,600
Speaker 17: year's budget we put in, you know, tens of millions

696
00:32:48,600 --> 00:32:51,560
Speaker 17: of dollars into helping to train more teachers. The on

697
00:32:51,600 --> 00:32:55,400
Speaker 17: site training programs was fifteen hundred more teachers into the

698
00:32:55,440 --> 00:32:59,360
Speaker 17: mix and put and we put a special category of

699
00:32:59,400 --> 00:33:02,560
Speaker 17: primary school teachers because I just had feeling, and we

700
00:33:02,600 --> 00:33:04,320
Speaker 17: will look to do that again this year as well.

701
00:33:04,400 --> 00:33:07,560
Speaker 2: So I had rough on the program last week when

702
00:33:07,560 --> 00:33:09,600
Speaker 2: he wrote his report, and I haven't had the Prime

703
00:33:09,600 --> 00:33:11,680
Speaker 2: Minister on, but I've got him on this morning. How

704
00:33:11,760 --> 00:33:13,840
Speaker 2: much of what you want to do as a government

705
00:33:14,560 --> 00:33:18,040
Speaker 2: is held back by a public service that simply isn't.

706
00:33:17,840 --> 00:33:18,280
Speaker 15: Up for him?

707
00:33:20,680 --> 00:33:23,680
Speaker 17: Good question. Look, to be honest with you, I have

708
00:33:25,320 --> 00:33:29,160
Speaker 17: for the most part, when you are very clear and

709
00:33:29,200 --> 00:33:32,760
Speaker 17: you go in with a with plans and you know

710
00:33:32,800 --> 00:33:36,600
Speaker 17: exactly what you want, they will respond. I mean, the

711
00:33:36,720 --> 00:33:40,040
Speaker 17: education is doing an absolutely fantastic job because we are

712
00:33:40,160 --> 00:33:42,880
Speaker 17: very clear about exactly what we want to achieve. And

713
00:33:42,960 --> 00:33:44,920
Speaker 17: yes there's the occasional hack up. But when you have

714
00:33:45,000 --> 00:33:46,840
Speaker 17: good leadership and you know what you want and you're

715
00:33:46,960 --> 00:33:48,760
Speaker 17: very clear about it, and you stay on top of them,

716
00:33:48,840 --> 00:33:51,480
Speaker 17: and yes sometimes you have to micromanage them, then you

717
00:33:51,520 --> 00:33:53,160
Speaker 17: get results. And you've seeing that in education.

718
00:33:53,600 --> 00:33:55,920
Speaker 2: I appreciate your time as always, Erica Stanford. So the

719
00:33:55,920 --> 00:33:58,000
Speaker 2: green light for the primary teachers, they were just if

720
00:33:58,000 --> 00:34:00,560
Speaker 2: you hadn't followed the story, we are twelve hundred fifty short.

721
00:34:00,680 --> 00:34:02,400
Speaker 2: They thought we were going to have one thousand more

722
00:34:02,440 --> 00:34:05,760
Speaker 2: than we needed. So a two and a half thousand

723
00:34:06,160 --> 00:34:09,799
Speaker 2: difference eleven past seven tasky not some good news for

724
00:34:09,960 --> 00:34:12,879
Speaker 2: our economy and from our tourism industry. Millennium Copthorne as

725
00:34:12,880 --> 00:34:14,840
Speaker 2: in the hotels have reported the highest full year revenue

726
00:34:14,840 --> 00:34:16,760
Speaker 2: in five years now. There is a sense that twenty

727
00:34:16,760 --> 00:34:19,760
Speaker 2: five apparently is looking good for holidays. See Stuart Harrison's

728
00:34:19,760 --> 00:34:21,239
Speaker 2: with us on this Stuart Morning.

729
00:34:21,800 --> 00:34:22,360
Speaker 18: Good morning.

730
00:34:22,480 --> 00:34:25,080
Speaker 2: Is this specific to your series of hotels or the

731
00:34:25,120 --> 00:34:26,040
Speaker 2: industry generally.

732
00:34:28,000 --> 00:34:31,080
Speaker 18: It will be across the industry generally, and I think

733
00:34:31,120 --> 00:34:35,240
Speaker 18: it's also related to specifically areas within that country.

734
00:34:35,040 --> 00:34:37,040
Speaker 2: Because I'm still seeing eighty nine percent of what we

735
00:34:37,040 --> 00:34:39,360
Speaker 2: were in twenty nineteen as far as the rivals are concerned.

736
00:34:39,440 --> 00:34:42,680
Speaker 2: So what's going on here that you're doing so well

737
00:34:43,080 --> 00:34:44,560
Speaker 2: but we're not back to where we were?

738
00:34:46,200 --> 00:34:48,480
Speaker 18: Yeah, I mean, I think we have been holding to

739
00:34:48,560 --> 00:34:51,520
Speaker 18: a strategy which we've referred to as revive and thrive.

740
00:34:52,280 --> 00:34:54,160
Speaker 18: So yes, we knowledge we're not going to yet, but

741
00:34:54,200 --> 00:34:57,520
Speaker 18: it is part and partle of that revive process that

742
00:34:57,520 --> 00:34:59,759
Speaker 18: we're going through. So I guess in some ways we've

743
00:34:59,800 --> 00:35:04,080
Speaker 18: seen in the opportunity whilst Noethers are down to actually

744
00:35:04,080 --> 00:35:09,240
Speaker 18: be reviving our product, doing refurbishments and refreshments and upgrades

745
00:35:09,280 --> 00:35:11,840
Speaker 18: and things like that to sort of position ourselves, and

746
00:35:11,880 --> 00:35:13,799
Speaker 18: I think that's part and parcel of being able to

747
00:35:14,280 --> 00:35:17,040
Speaker 18: then seize on those opportunities as they start coming through.

748
00:35:17,160 --> 00:35:18,440
Speaker 2: What's your occupancy rate?

749
00:35:20,239 --> 00:35:22,000
Speaker 18: So we close out the year at around about sixty

750
00:35:22,040 --> 00:35:22,879
Speaker 18: six percent.

751
00:35:22,600 --> 00:35:23,560
Speaker 13: Across our hotels.

752
00:35:23,719 --> 00:35:26,480
Speaker 2: Is that good? No?

753
00:35:27,840 --> 00:35:29,000
Speaker 13: Yeah?

754
00:35:29,200 --> 00:35:31,600
Speaker 18: If you actually look back to sort of pre COVID days,

755
00:35:31,640 --> 00:35:33,120
Speaker 18: you know we were up into sort of about eighty

756
00:35:33,120 --> 00:35:37,560
Speaker 18: percent level. So it is definitely a growing perspective that

757
00:35:37,680 --> 00:35:39,560
Speaker 18: is starting to come through. But yeah, a long way

758
00:35:39,600 --> 00:35:40,000
Speaker 18: to go yet.

759
00:35:40,040 --> 00:35:41,520
Speaker 2: And what about your room rate? What have you done

760
00:35:41,520 --> 00:35:41,719
Speaker 2: with that?

761
00:35:43,760 --> 00:35:47,040
Speaker 18: Yeah, I mean that has grown over the past few years,

762
00:35:47,520 --> 00:35:50,400
Speaker 18: obviously on the back of COVID. Again, that's part of

763
00:35:50,440 --> 00:35:52,640
Speaker 18: the revived process that we've been going through.

764
00:35:53,440 --> 00:35:55,920
Speaker 2: And far as the American thing, I'm just trying to

765
00:35:55,920 --> 00:35:58,320
Speaker 2: get a vibe around the tourism. I'm seeing the numbers.

766
00:35:58,360 --> 00:36:00,719
Speaker 2: America loves us at the moment, seeing that.

767
00:36:01,760 --> 00:36:02,319
Speaker 14: Yes we are.

768
00:36:02,640 --> 00:36:05,760
Speaker 18: Yeah, that is definitely one market that has been delivering

769
00:36:05,800 --> 00:36:09,520
Speaker 18: for us and coming in in good numbers, and obviously

770
00:36:09,560 --> 00:36:12,320
Speaker 18: they seem to enjoy their long stays here as well,

771
00:36:12,400 --> 00:36:15,440
Speaker 18: So that's helpful across the country.

772
00:36:15,520 --> 00:36:17,960
Speaker 2: And as far as you're concerned in terms of hotels

773
00:36:18,040 --> 00:36:21,600
Speaker 2: is location. The key is at location specific. In other words,

774
00:36:21,640 --> 00:36:23,239
Speaker 2: if you're in the right areas, you'll do better than

775
00:36:23,280 --> 00:36:25,080
Speaker 2: people who are parked up in the wrong areas.

776
00:36:25,880 --> 00:36:28,200
Speaker 18: Yeah, I mean there's definitely the pockets that are there.

777
00:36:28,200 --> 00:36:30,120
Speaker 18: I mean, if you look at it and go Queenstown

778
00:36:30,280 --> 00:36:33,200
Speaker 18: is a location which has had high demand on a

779
00:36:33,320 --> 00:36:36,640
Speaker 18: relatively consistent basis out the other side that you have

780
00:36:36,760 --> 00:36:40,160
Speaker 18: in Auckland that was probably gearing itself up for the

781
00:36:40,920 --> 00:36:43,399
Speaker 18: convention centers to be up and running, and so you've

782
00:36:43,400 --> 00:36:45,719
Speaker 18: had a whole lot of hotel inventory that's sort of

783
00:36:45,719 --> 00:36:49,520
Speaker 18: come on board. As a result, there is excess supply

784
00:36:50,400 --> 00:36:51,040
Speaker 18: as a location.

785
00:36:51,360 --> 00:36:54,719
Speaker 2: And what about this tourism campaign everybody's got to go.

786
00:36:55,280 --> 00:36:57,480
Speaker 2: Do you hold hope that this could work or not?

787
00:37:00,080 --> 00:37:02,600
Speaker 18: I'm keen on the fact that some money is actually

788
00:37:02,600 --> 00:37:04,759
Speaker 18: being spent in that area. I think we came out

789
00:37:04,840 --> 00:37:06,400
Speaker 18: last year and said of said they needed to be

790
00:37:06,480 --> 00:37:10,840
Speaker 18: a concerdered effort, with central and local government support being needed.

791
00:37:11,520 --> 00:37:15,320
Speaker 18: Such great to actually see something happening and I definitely

792
00:37:15,360 --> 00:37:16,920
Speaker 18: encourage it in that respect and.

793
00:37:17,040 --> 00:37:17,960
Speaker 19: We would be on board.

794
00:37:18,320 --> 00:37:18,920
Speaker 13: I think we.

795
00:37:18,880 --> 00:37:21,800
Speaker 18: All know that Australia is one of our key market places.

796
00:37:22,200 --> 00:37:24,960
Speaker 18: So to be able to spend some money to promote

797
00:37:25,000 --> 00:37:27,520
Speaker 18: New Zealand and get Australians to come here and stay,

798
00:37:28,080 --> 00:37:31,320
Speaker 18: it's a step in the right direction. We will always

799
00:37:31,320 --> 00:37:32,880
Speaker 18: be suggesting this would be.

800
00:37:32,920 --> 00:37:35,359
Speaker 2: More good and so I appreciate Stuart Stuart Harrison out

801
00:37:35,400 --> 00:37:38,440
Speaker 2: of Millennium and cop Porn Hotels this morning, fourteen past seven,

802
00:37:39,320 --> 00:37:41,560
Speaker 2: Andrew Bailey bollocks just shows how small minded we are

803
00:37:41,600 --> 00:37:43,600
Speaker 2: as a nation. Now we can't get past the Stockholm

804
00:37:43,600 --> 00:37:45,719
Speaker 2: syndrome that was pushed on us for six years by labor,

805
00:37:45,719 --> 00:37:47,720
Speaker 2: and now it's okay to feel unsafe with the handtouch.

806
00:37:48,400 --> 00:37:52,080
Speaker 2: I keep saying the same thing. What he did was

807
00:37:52,200 --> 00:37:56,359
Speaker 2: not acceptable, but it's become, as it's so often, is

808
00:37:56,520 --> 00:37:59,440
Speaker 2: way bigger than it needs to be. Got an insight

809
00:37:59,480 --> 00:38:02,279
Speaker 2: into hospito from yesterday's conversation for you in a Moment

810
00:38:02,320 --> 00:38:03,480
Speaker 2: fourteen past seven.

811
00:38:04,560 --> 00:38:08,960
Speaker 1: The High Asking Breakfast Full Show podcast on iHeartRadio powered

812
00:38:09,000 --> 00:38:10,000
Speaker 1: by News Talks.

813
00:38:09,760 --> 00:38:12,319
Speaker 2: At b seventeen past seven. I won't tell you who

814
00:38:12,320 --> 00:38:15,400
Speaker 2: this text is from, but they've been in the political arena.

815
00:38:15,440 --> 00:38:17,600
Speaker 2: They know Bailey. I know Andrew Bailey. Mike Well, he's

816
00:38:17,640 --> 00:38:20,239
Speaker 2: one of Blipe's good guys. Yes, he's quirky. You walk

817
00:38:20,280 --> 00:38:22,120
Speaker 2: to the north of North and South Pole's travel across

818
00:38:22,120 --> 00:38:24,560
Speaker 2: the Sahara on a camel, but he's not threatening. When

819
00:38:24,560 --> 00:38:26,440
Speaker 2: you work for somebody like Bailey, you understand that you

820
00:38:26,480 --> 00:38:29,040
Speaker 2: work for somebody who's animated and passionate. Yes, technically what

821
00:38:29,120 --> 00:38:31,799
Speaker 2: Andrew did as assault, but his tactile and this while

822
00:38:31,880 --> 00:38:34,160
Speaker 2: unusual is just who Andrew is. If a staffer doesn't

823
00:38:34,239 --> 00:38:37,480
Speaker 2: like the minister or style, get out. Then we come

824
00:38:37,520 --> 00:38:39,480
Speaker 2: to this. I thought, this is not a bad point. Actually, Mike,

825
00:38:39,520 --> 00:38:42,279
Speaker 2: have a look at the assault that Liz Gunn was

826
00:38:42,320 --> 00:38:45,480
Speaker 2: found guilty initially for, and you'll understand how pathetic it's become.

827
00:38:45,560 --> 00:38:47,960
Speaker 2: That's a very good point because that got tossed in

828
00:38:48,000 --> 00:38:50,920
Speaker 2: the end, and that was a grab of the arm

829
00:38:50,920 --> 00:38:53,239
Speaker 2: as well. And so what that does is simply reiterate

830
00:38:53,280 --> 00:38:56,320
Speaker 2: that really the story is not about the physicality of

831
00:38:56,360 --> 00:38:59,239
Speaker 2: it all. It's just about the imagery, the politics of it,

832
00:38:59,320 --> 00:39:01,759
Speaker 2: the super fe sheelity, and the complete nonsense that we

833
00:39:01,840 --> 00:39:04,200
Speaker 2: obsess about. Mike, when you have the pmon, could you

834
00:39:04,239 --> 00:39:07,160
Speaker 2: ask him by the police? Don't talk to the judge's resentences.

835
00:39:07,239 --> 00:39:09,040
Speaker 2: What I mean is if the police catch a thief,

836
00:39:09,200 --> 00:39:11,040
Speaker 2: judges let them off. Tell the police not to waste

837
00:39:11,080 --> 00:39:13,719
Speaker 2: time catching thieves lots of times, Judge, you ain't go

838
00:39:14,480 --> 00:39:18,560
Speaker 2: nate your honor. Not really happy with what you did there.

839
00:39:18,600 --> 00:39:22,760
Speaker 2: That's not really how it works. Unfortunately, right insight into Hospo.

840
00:39:23,239 --> 00:39:26,520
Speaker 2: So yesterday Plank, this is Wellington closing next month, winebar,

841
00:39:26,960 --> 00:39:29,719
Speaker 2: custom house, key Johnson Street, relatively well known but open

842
00:39:29,760 --> 00:39:32,239
Speaker 2: since twenty twenty three. What I'm leading to is this

843
00:39:32,360 --> 00:39:34,600
Speaker 2: is owned one of a number of eateies. It's owned

844
00:39:34,600 --> 00:39:38,080
Speaker 2: by the U Group. So the You Group are telling us,

845
00:39:38,120 --> 00:39:40,920
Speaker 2: on one hand that they've never seen life so difficult.

846
00:39:42,120 --> 00:39:45,160
Speaker 2: So they had Atlas. If you're a Wellingtonian, you know

847
00:39:45,200 --> 00:39:48,040
Speaker 2: the area Atlas that closed in twenty twenty three decreased

848
00:39:48,560 --> 00:39:51,319
Speaker 2: appetite for fine dining. Here's what I'm assessing, and this

849
00:39:51,360 --> 00:39:53,919
Speaker 2: comes out of a conversation yesterday in which I said,

850
00:39:53,920 --> 00:39:58,080
Speaker 2: the places I've been lately are just absolutely jam packed,

851
00:39:58,320 --> 00:40:01,960
Speaker 2: like ludicrously, so you can't get access to them. So

852
00:40:02,280 --> 00:40:05,160
Speaker 2: how come I'm still hearing all of the hospo's dreadful.

853
00:40:05,239 --> 00:40:08,520
Speaker 2: It's a nightmare. We can't get staff, we can't operate

854
00:40:08,520 --> 00:40:10,759
Speaker 2: a business. We're all going bust. There seems to be

855
00:40:10,800 --> 00:40:14,239
Speaker 2: two diametrically opposing stories here. So you, on one hand

856
00:40:14,280 --> 00:40:16,800
Speaker 2: are telling me, upon the closure of their particular operation,

857
00:40:16,920 --> 00:40:20,840
Speaker 2: the Plank Bar, that life is tough, it's never been harder,

858
00:40:20,920 --> 00:40:25,719
Speaker 2: and yet in the same story they remain buoyant. They

859
00:40:25,800 --> 00:40:30,600
Speaker 2: close three venues but open six, so in other words,

860
00:40:30,600 --> 00:40:33,360
Speaker 2: they're expanding so is it only we're hearing about the

861
00:40:33,400 --> 00:40:35,960
Speaker 2: three day closed, but we're not hearing about the six

862
00:40:36,040 --> 00:40:39,560
Speaker 2: day open. Is that what's going on in Hospo? Is

863
00:40:39,560 --> 00:40:42,239
Speaker 2: it specific to the what you're doing. If you're doing

864
00:40:42,320 --> 00:40:44,520
Speaker 2: the coffee in the cafe, you might well do well.

865
00:40:44,760 --> 00:40:46,560
Speaker 2: If you're doing the fine dining, you might not have.

866
00:40:46,640 --> 00:40:49,080
Speaker 2: The wine bar is not working, you'll open up a bakery.

867
00:40:49,560 --> 00:40:51,400
Speaker 2: Is that what's going on at Hospo? Let me know.

868
00:40:51,840 --> 00:40:53,360
Speaker 14: Did they just think that Plank was a bit of

869
00:40:53,360 --> 00:40:53,920
Speaker 14: a silly name?

870
00:40:54,000 --> 00:40:57,080
Speaker 2: Could have been a silly name Macron and Trump more

871
00:40:57,080 --> 00:40:58,960
Speaker 2: on that for you in just a moment seven twenty.

872
00:41:00,560 --> 00:41:05,360
Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio Power

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Speaker 1: by Newstalk zip.

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Speaker 18: Right.

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Speaker 2: dot mzet innovation leaders since two thousand asking yes seven

896
00:42:09,800 --> 00:42:12,040
Speaker 2: twenty four. So on a day of a resignation at

897
00:42:12,080 --> 00:42:14,360
Speaker 2: a fairly high level, we also have a confession in

898
00:42:14,400 --> 00:42:17,200
Speaker 2: court from another high profile operator. The problem with high

899
00:42:17,200 --> 00:42:19,439
Speaker 2: profile is it tends to be high wire. Of course,

900
00:42:19,520 --> 00:42:22,759
Speaker 2: more is expected of you because of your role, or

901
00:42:22,840 --> 00:42:25,759
Speaker 2: is it. Andrew Bailey from the details available as we've

902
00:42:25,760 --> 00:42:28,279
Speaker 2: been discussing this morning, which aren't Many didn't commit a

903
00:42:28,280 --> 00:42:30,160
Speaker 2: sackable offense. As far as I can work out, putting

904
00:42:30,160 --> 00:42:31,680
Speaker 2: your hand on the arm of a person you're having

905
00:42:31,760 --> 00:42:35,000
Speaker 2: a lively discussion with is very cool or acceptable, but

906
00:42:35,160 --> 00:42:36,520
Speaker 2: in and of itself, it's not the end of a

907
00:42:36,600 --> 00:42:39,200
Speaker 2: Korean But the trouble with Bailey is the loser thing,

908
00:42:39,440 --> 00:42:41,160
Speaker 2: in some way, shape or form, was always going to

909
00:42:41,160 --> 00:42:43,000
Speaker 2: haunt them. So a small infringement by way of a

910
00:42:43,040 --> 00:42:46,000
Speaker 2: follow up misdemeanor was always going to be larger than

911
00:42:46,040 --> 00:42:48,239
Speaker 2: it would have been with a clean sheet. Also lux

912
00:42:48,320 --> 00:42:50,520
Speaker 2: and set the behavior bar high the precedent, is there

913
00:42:50,600 --> 00:42:54,560
Speaker 2: any trouble you're out? Contrast that to Caleb Clark, who

914
00:42:54,560 --> 00:42:57,680
Speaker 2: has pled guilty to dangerous driving and failing to stop

915
00:42:57,760 --> 00:43:00,680
Speaker 2: for the police. Maximum sentence, which will have in June

916
00:43:00,880 --> 00:43:03,560
Speaker 2: is many thousands of dollars and several years of jail time.

917
00:43:04,239 --> 00:43:07,200
Speaker 2: His lawyer wants some discharge without conviction. Unlike Bailey, he

918
00:43:07,239 --> 00:43:08,560
Speaker 2: has an offer to quit as far as I know,

919
00:43:08,600 --> 00:43:11,560
Speaker 2: so the question becomes is it a sackable offense? Drink

920
00:43:11,640 --> 00:43:14,319
Speaker 2: driving has been established with a number of incidents over

921
00:43:14,320 --> 00:43:16,880
Speaker 2: the years with high profile convictions not to be a

922
00:43:16,880 --> 00:43:19,360
Speaker 2: sackable offense, So the president are set there, But what

923
00:43:19,440 --> 00:43:22,799
Speaker 2: about dangerous driving? And more worryingly, with the message it

924
00:43:22,840 --> 00:43:26,440
Speaker 2: sends failing to stop for the police, failing to stop

925
00:43:26,440 --> 00:43:29,720
Speaker 2: with a view to what scarper not get caught, evade

926
00:43:29,760 --> 00:43:32,600
Speaker 2: the law, get away with it. Law and order, of course,

927
00:43:32,640 --> 00:43:34,960
Speaker 2: been a major election issue in the police's role in

928
00:43:35,000 --> 00:43:37,319
Speaker 2: getting on top of law breaking has been a major

929
00:43:37,320 --> 00:43:40,080
Speaker 2: focus for most of us of late. If I, as

930
00:43:40,080 --> 00:43:42,520
Speaker 2: a high profile operator, was up on charges this morning

931
00:43:42,520 --> 00:43:44,920
Speaker 2: of failing to stop or dangerous driving, would you expect

932
00:43:45,000 --> 00:43:48,640
Speaker 2: me to be sacked? Would this workplace beyond whatever happens

933
00:43:48,640 --> 00:43:51,920
Speaker 2: in court? Expect to see some sort of resignation from me,

934
00:43:52,000 --> 00:43:55,520
Speaker 2: I suspect yes? Or does profile only count in politics

935
00:43:55,520 --> 00:43:58,440
Speaker 2: where no law was broken but emotions got you sacked instead?

936
00:43:58,880 --> 00:44:02,080
Speaker 2: What does an all black have to do illegally to

937
00:44:02,200 --> 00:44:07,239
Speaker 2: be sacked as an all like coasking six? So it's

938
00:44:07,280 --> 00:44:09,839
Speaker 2: Macron and Trump who's first? Should we do Macron first?

939
00:44:09,920 --> 00:44:11,040
Speaker 2: Let's do Macron first.

940
00:44:11,120 --> 00:44:16,320
Speaker 16: Europe is willing to set up to be a stronger partner,

941
00:44:17,000 --> 00:44:19,799
Speaker 16: to do more in defense and security for its continents

942
00:44:20,080 --> 00:44:24,440
Speaker 16: and as well to be a reliable partner and to

943
00:44:24,480 --> 00:44:28,040
Speaker 16: be engaged on trade, economy, investments, in a lot of topics.

944
00:44:28,160 --> 00:44:30,080
Speaker 2: All right, So that's so far. It's so far, so

945
00:44:30,280 --> 00:44:32,080
Speaker 2: but he's got all Europe on his back, of course,

946
00:44:32,080 --> 00:44:34,520
Speaker 2: and no pressure on that. N Donald Trump, I think

947
00:44:34,560 --> 00:44:36,000
Speaker 2: a lot of progress has been made.

948
00:44:36,080 --> 00:44:38,920
Speaker 20: We've had some very good talks with Russia. We've had

949
00:44:38,960 --> 00:44:41,520
Speaker 20: some very good talks with others, and we're trying to

950
00:44:41,560 --> 00:44:44,640
Speaker 20: get the war ended with Russia and Ukraine. And I

951
00:44:44,680 --> 00:44:47,000
Speaker 20: think we've come a long way in a short period

952
00:44:47,000 --> 00:44:51,920
Speaker 20: of weeks. And the President's been very helpful also, and

953
00:44:52,040 --> 00:44:55,040
Speaker 20: we're also talking about trade, various trade deals that we

954
00:44:55,800 --> 00:44:57,040
Speaker 20: will be doing with France.

955
00:44:57,680 --> 00:44:59,839
Speaker 2: Well, let's see how that goes. Show with James carb

956
00:45:00,080 --> 00:45:02,320
Speaker 2: who you'll know if you've been around to the Clinton years,

957
00:45:02,560 --> 00:45:06,280
Speaker 2: fairly serious political operator in the democratic circles of America.

958
00:45:06,360 --> 00:45:08,960
Speaker 2: He says Trump's going to implode within thirty days. And

959
00:45:09,040 --> 00:45:11,440
Speaker 2: the good thing about that prediction did it on a podcast.

960
00:45:11,440 --> 00:45:14,359
Speaker 2: The good thing about that prediction is it's timelined. It's

961
00:45:14,400 --> 00:45:17,120
Speaker 2: thirty days, so by the end of March. Let's give

962
00:45:17,200 --> 00:45:18,799
Speaker 2: them a little bit of leeway. By the end of March.

963
00:45:18,800 --> 00:45:21,279
Speaker 2: According to Carbill. It's all going to complete it.

964
00:45:21,280 --> 00:45:22,640
Speaker 14: Does he mean physically or.

965
00:45:22,719 --> 00:45:25,319
Speaker 2: No, the whole thing. The administration's over because there are

966
00:45:25,320 --> 00:45:28,560
Speaker 2: too many weird emails, too much nuttiness going on. The

967
00:45:28,600 --> 00:45:30,719
Speaker 2: pushback from the Republican is going to be so great.

968
00:45:30,760 --> 00:45:33,879
Speaker 2: So his advice to the Democrats has just staged them

969
00:45:34,200 --> 00:45:37,120
Speaker 2: and just watch them and plode. Chris Luxeon is next.

970
00:45:37,480 --> 00:45:41,040
Speaker 1: It's in New Zealand's home for trusted news and views,

971
00:45:41,280 --> 00:45:45,279
Speaker 1: the mic Hosking Breakfast with the range Rover villa designed

972
00:45:45,520 --> 00:45:47,239
Speaker 1: to intrigue and use togs.

973
00:45:47,160 --> 00:45:49,320
Speaker 2: B let He's bring them. It's away from the indie

974
00:45:49,400 --> 00:45:52,279
Speaker 2: season kicks off and St. Petersburg or some pizzas they

975
00:45:52,320 --> 00:45:54,920
Speaker 2: call it. This weekend. Scott McLaughlin is back with us

976
00:45:54,960 --> 00:45:57,040
Speaker 2: after eight o'clock this morning. Meantime this Tuesday morning, the

977
00:45:57,040 --> 00:45:59,399
Speaker 2: play mins to Christopher Luxembury the morning to you cold

978
00:46:00,120 --> 00:46:02,800
Speaker 2: things to cover off one. I watched your press conference

979
00:46:02,880 --> 00:46:08,279
Speaker 2: yesterday with Chambers. He seems effusive these days in what

980
00:46:08,440 --> 00:46:11,120
Speaker 2: he and he said so in what he's allowed to do,

981
00:46:11,719 --> 00:46:14,160
Speaker 2: what he's achieving, and he seemed to indicate at the

982
00:46:14,239 --> 00:46:17,960
Speaker 2: end of his brief comments yesterday that he's seemingly looking

983
00:46:18,000 --> 00:46:21,160
Speaker 2: to you for more law to do more. Is that

984
00:46:21,600 --> 00:46:22,880
Speaker 2: the impression I got or not?

985
00:46:23,080 --> 00:46:23,279
Speaker 4: Yeah?

986
00:46:23,280 --> 00:46:24,880
Speaker 19: Well, yeah, I mean look at me first and foremost.

987
00:46:24,920 --> 00:46:26,919
Speaker 19: I think he's a great arm he's doing a great

988
00:46:26,960 --> 00:46:29,680
Speaker 19: job as Police Commissioner. He's really loved by the frontline staff.

989
00:46:29,719 --> 00:46:32,200
Speaker 19: I think you've got good alignment between the Prime Minister,

990
00:46:32,520 --> 00:46:35,960
Speaker 19: Minister Mitchell and obviously the Police Commissioner. What we're wanting

991
00:46:35,960 --> 00:46:37,680
Speaker 19: to do is just they feel backed up, you know.

992
00:46:37,760 --> 00:46:39,799
Speaker 19: And for the first time. What we were talking about

993
00:46:39,920 --> 00:46:42,759
Speaker 19: yesterday was that gang patch laws that we passed back

994
00:46:42,800 --> 00:46:45,920
Speaker 19: in October that gives a lot of permission to go

995
00:46:45,960 --> 00:46:47,680
Speaker 19: after the illegal guns and the drugs.

996
00:46:47,719 --> 00:46:47,960
Speaker 2: You know.

997
00:46:48,040 --> 00:46:50,040
Speaker 19: As a result, there's more that we want to do

998
00:46:50,160 --> 00:46:53,120
Speaker 19: frankly in the firearm prohibition orders and illegal guns and

999
00:46:53,120 --> 00:46:55,080
Speaker 19: give them a few more powers there, and that will

1000
00:46:55,080 --> 00:46:57,040
Speaker 19: come in due course. But you know, the trick is

1001
00:46:57,040 --> 00:47:00,080
Speaker 19: that you want the police backed by a government and

1002
00:47:00,080 --> 00:47:02,279
Speaker 19: actually empowered to go after and disrupt gangs, which is

1003
00:47:02,280 --> 00:47:04,600
Speaker 19: what's been happening. And yeah, I thought it was interesting

1004
00:47:04,600 --> 00:47:07,920
Speaker 19: over summer, very few stories that we'd normally get about gangs.

1005
00:47:08,320 --> 00:47:11,040
Speaker 19: I went down to the to the to Christ Church

1006
00:47:11,040 --> 00:47:13,040
Speaker 19: where they'd gone and smashed up the common cero so

1007
00:47:13,080 --> 00:47:16,080
Speaker 19: beautifully and we want to keep keep encouraging that.

1008
00:47:16,280 --> 00:47:19,200
Speaker 2: Okay, Andrew Bailey, has he got form?

1009
00:47:19,680 --> 00:47:19,960
Speaker 19: Well?

1010
00:47:20,000 --> 00:47:21,120
Speaker 2: Has he done this before?

1011
00:47:21,239 --> 00:47:22,919
Speaker 19: Well, we had the incident at the end of last

1012
00:47:23,000 --> 00:47:24,800
Speaker 19: year which we spoke very at that aside.

1013
00:47:24,960 --> 00:47:26,959
Speaker 2: Is there something wrong with him? No?

1014
00:47:26,960 --> 00:47:29,759
Speaker 19: No, I think he got this wrong. As he said,

1015
00:47:29,760 --> 00:47:32,040
Speaker 19: he went through it, he looked at his interaction, didn't

1016
00:47:32,040 --> 00:47:34,160
Speaker 19: feel it met as standards and the expectations that we

1017
00:47:34,239 --> 00:47:36,719
Speaker 19: had set before and what he sets for himself more importantly,

1018
00:47:37,200 --> 00:47:39,200
Speaker 19: and got on to me, you know, proactively came forward

1019
00:47:39,200 --> 00:47:40,480
Speaker 19: and resigned to me very late on Friday.

1020
00:47:40,520 --> 00:47:42,279
Speaker 2: Somebody texted me earlier this morning. I think it's a

1021
00:47:42,320 --> 00:47:44,439
Speaker 2: fair point, and that is that he's got a life

1022
00:47:44,440 --> 00:47:47,880
Speaker 2: outside of politics. As indeed, you did what sort of

1023
00:47:47,920 --> 00:47:49,719
Speaker 2: I mean, if that's the sort of crap you got

1024
00:47:49,760 --> 00:47:52,440
Speaker 2: to put up with, I know what he did is unacceptable. Again,

1025
00:47:52,800 --> 00:47:54,600
Speaker 2: but if that's the sort of crap you got to

1026
00:47:54,600 --> 00:47:55,520
Speaker 2: put up with, why bother?

1027
00:47:56,000 --> 00:47:58,600
Speaker 19: Yeah, But I think he's someone who feels very strongly

1028
00:47:58,640 --> 00:48:01,800
Speaker 19: about parliamentary process. He likes making good law. He actually

1029
00:48:01,840 --> 00:48:06,440
Speaker 19: is very energized around the tasks around you know, complicated legislation.

1030
00:48:06,520 --> 00:48:09,000
Speaker 19: He's actually you know, gets gets and that's what turns

1031
00:48:09,040 --> 00:48:11,359
Speaker 19: him on. So I think that's a really good thing.

1032
00:48:11,360 --> 00:48:13,120
Speaker 19: That's why he's still got a good contribution to make,

1033
00:48:13,160 --> 00:48:15,440
Speaker 19: you know, as a local MP, but also in Parliament

1034
00:48:15,440 --> 00:48:17,440
Speaker 19: through the set committee processes all of that stuff.

1035
00:48:17,480 --> 00:48:20,719
Speaker 2: Am I just too woke? Not too no, No, am

1036
00:48:20,719 --> 00:48:24,600
Speaker 2: I not wouldn't. I don't understand. I don't understand what

1037
00:48:24,640 --> 00:48:27,239
Speaker 2: the problem is he. I mean, what he did wasn't right.

1038
00:48:27,360 --> 00:48:29,719
Speaker 2: I get that, but but we've lost a person who,

1039
00:48:29,719 --> 00:48:32,520
Speaker 2: presumably you at one point thought was good enough to

1040
00:48:32,520 --> 00:48:33,720
Speaker 2: be cabinet.

1041
00:48:33,920 --> 00:48:36,279
Speaker 19: Look, honestly, he was doing a very good job, making

1042
00:48:36,280 --> 00:48:40,120
Speaker 19: good contributions and two very technical portfolios. I'm sure it's

1043
00:48:40,160 --> 00:48:42,000
Speaker 19: got some some will carry that on, but look, the

1044
00:48:42,040 --> 00:48:44,080
Speaker 19: reality is you've got to have some standards, Mike. And

1045
00:48:44,360 --> 00:48:46,239
Speaker 19: you know, I watched the last lot go through a

1046
00:48:46,280 --> 00:48:49,759
Speaker 19: series of ministers and it wasn't even clear. It was

1047
00:48:49,800 --> 00:48:53,120
Speaker 19: clear in this case, and importantly he recognized that he

1048
00:48:53,160 --> 00:48:55,120
Speaker 19: hadn't met his own standards and that's his decision. So

1049
00:48:55,560 --> 00:48:56,160
Speaker 19: I respect that.

1050
00:48:56,360 --> 00:48:58,560
Speaker 2: Would you, because you've got yourself in the usual trouble

1051
00:48:58,640 --> 00:49:00,640
Speaker 2: with you being too nice? Would you have sacked him

1052
00:49:00,640 --> 00:49:02,000
Speaker 2: if he hadn't offered to resign.

1053
00:49:02,360 --> 00:49:04,160
Speaker 19: Well, hypothetical he did resign.

1054
00:49:04,280 --> 00:49:06,160
Speaker 2: No, I know that, But just answer the question, Well,

1055
00:49:06,320 --> 00:49:07,319
Speaker 2: would you have said, well.

1056
00:49:07,200 --> 00:49:09,440
Speaker 19: He didn't meet the expectations of the minister, so was

1057
00:49:09,480 --> 00:49:10,680
Speaker 19: it a seckable offense?

1058
00:49:10,960 --> 00:49:11,200
Speaker 2: Well?

1059
00:49:11,560 --> 00:49:13,920
Speaker 19: I think give him how clear we've been on the

1060
00:49:13,960 --> 00:49:15,319
Speaker 19: first instance about why?

1061
00:49:15,800 --> 00:49:17,600
Speaker 2: Just answered the question was this is why you get

1062
00:49:17,640 --> 00:49:21,319
Speaker 2: yourself reputationally in so much trouble? Would you have sacked him?

1063
00:49:21,440 --> 00:49:21,759
Speaker 13: You saw?

1064
00:49:21,840 --> 00:49:23,800
Speaker 19: No, I could say, yeah, he didn't meet the expectators

1065
00:49:23,840 --> 00:49:25,880
Speaker 19: I have ministers, so you would have sacked him. I

1066
00:49:25,920 --> 00:49:27,200
Speaker 19: didn't need to because he resigned.

1067
00:49:27,320 --> 00:49:29,239
Speaker 2: I see what you're doing here.

1068
00:49:29,320 --> 00:49:32,040
Speaker 19: I don't Well, but you're talking about a specific case, right,

1069
00:49:33,600 --> 00:49:35,200
Speaker 19: would you have said, have I done a good job

1070
00:49:35,239 --> 00:49:38,759
Speaker 19: playing down expectations of my minister's But.

1071
00:49:38,680 --> 00:49:41,839
Speaker 2: The next step is really simple. If he hadn't, I'm

1072
00:49:41,840 --> 00:49:43,920
Speaker 2: glad he offered to resign, because I'll tell you what,

1073
00:49:44,080 --> 00:49:46,120
Speaker 2: if he didn't, I would have sacked him.

1074
00:49:47,320 --> 00:49:49,360
Speaker 19: He wouldn't have met my expectations as a minist.

1075
00:49:49,360 --> 00:49:51,120
Speaker 2: But why are you saying it that way? I don't understand.

1076
00:49:51,160 --> 00:49:54,560
Speaker 19: Well, that's what I mean. If if he hadn't resigned,

1077
00:49:54,600 --> 00:49:56,080
Speaker 19: I would have I would have would have made an

1078
00:49:56,080 --> 00:49:57,520
Speaker 19: INTERVENTIONU I would have actually, yeah.

1079
00:49:59,040 --> 00:50:00,120
Speaker 2: I would have sacked No.

1080
00:50:00,320 --> 00:50:02,160
Speaker 19: But there's an issue here, which is what is it?

1081
00:50:02,520 --> 00:50:05,000
Speaker 19: The issue is that, most importantly, the Sandars are really

1082
00:50:05,040 --> 00:50:07,160
Speaker 19: clear of my ministers. They know the sanates. I operate

1083
00:50:07,200 --> 00:50:09,719
Speaker 19: with him whenever we have any personnel issues. I think

1084
00:50:09,719 --> 00:50:12,920
Speaker 19: we've acted incredibly decisively. But what I'd say in this

1085
00:50:13,000 --> 00:50:15,280
Speaker 19: case is I laid down after the last instance, crystal

1086
00:50:15,280 --> 00:50:18,480
Speaker 19: clear expectations. He reassured me there wouldn't be another incident.

1087
00:50:18,760 --> 00:50:21,000
Speaker 19: He knew there was an incident. He then actually made

1088
00:50:21,000 --> 00:50:23,640
Speaker 19: that decision himself. It didn't meet my expectations. That didn't

1089
00:50:23,640 --> 00:50:23,920
Speaker 19: meet us.

1090
00:50:24,200 --> 00:50:26,239
Speaker 2: How many words you're using to explain this, This is,

1091
00:50:26,280 --> 00:50:28,320
Speaker 2: this is why you're in trouble in the polls. People

1092
00:50:28,360 --> 00:50:31,880
Speaker 2: want something decisive and so look if you wouldn't have

1093
00:50:31,880 --> 00:50:33,799
Speaker 2: sacked him, so so either way, I don't care, but

1094
00:50:33,880 --> 00:50:36,359
Speaker 2: all people want from you, the Prime Minister, to go.

1095
00:50:36,719 --> 00:50:39,719
Speaker 2: This is my expectation. I'm glad he resigned because if

1096
00:50:39,719 --> 00:50:41,239
Speaker 2: he didn't, I would have sacked him.

1097
00:50:41,360 --> 00:50:44,080
Speaker 19: Well, that's exactly what has happened here, though, isn't it.

1098
00:50:44,120 --> 00:50:46,080
Speaker 19: I mean like he has resigned, and I've said to

1099
00:50:46,160 --> 00:50:48,640
Speaker 19: him he hasn't met his own expectations, which is important, right,

1100
00:50:48,719 --> 00:50:51,760
Speaker 19: I want the I want ministers to understand I saw example,

1101
00:50:51,800 --> 00:50:53,560
Speaker 19: he can't do his own conclusion.

1102
00:50:53,560 --> 00:50:55,840
Speaker 2: Fantastic good or for doing that, But are you the

1103
00:50:55,920 --> 00:50:58,319
Speaker 2: sort of person that would have sacked him? I think

1104
00:50:58,320 --> 00:50:59,640
Speaker 2: he has seen to that conclusion.

1105
00:50:59,680 --> 00:51:02,320
Speaker 19: I think you've seen me act very decisively on personnel issues,

1106
00:51:02,440 --> 00:51:03,520
Speaker 19: something I've done all my life.

1107
00:51:03,600 --> 00:51:06,960
Speaker 2: You know it's I know that still doesn't answer that.

1108
00:51:06,960 --> 00:51:09,640
Speaker 2: I don't want to get bogged down on this. Why

1109
00:51:09,640 --> 00:51:12,200
Speaker 2: can't you be decisive enough to simply say I would

1110
00:51:12,200 --> 00:51:13,520
Speaker 2: have secked in this case or not.

1111
00:51:14,200 --> 00:51:16,560
Speaker 19: In this case, he resigned and if they hadn't happened,

1112
00:51:16,640 --> 00:51:18,520
Speaker 19: I would have then been involved with that and would

1113
00:51:18,520 --> 00:51:20,560
Speaker 19: have made a decision to say they didn't meet my expectations,

1114
00:51:20,840 --> 00:51:22,440
Speaker 19: and that would which would have led to what it

1115
00:51:22,440 --> 00:51:25,120
Speaker 19: would have led to him losing the role anyway, So

1116
00:51:25,320 --> 00:51:27,439
Speaker 19: he would have been he would have been he would

1117
00:51:27,480 --> 00:51:30,280
Speaker 19: have been devoted and demoted, he would have the ministry

1118
00:51:30,280 --> 00:51:30,960
Speaker 19: would have been taken.

1119
00:51:30,840 --> 00:51:35,160
Speaker 2: Away, right, sacked? Yeah, well, yeah, you've made a complete

1120
00:51:35,200 --> 00:51:38,759
Speaker 2: meal of this. The cooks deal in China, First of

1121
00:51:38,800 --> 00:51:42,759
Speaker 2: all China. Have we found out specifically what.

1122
00:51:42,760 --> 00:51:45,359
Speaker 19: They were doing here and why, No, we haven't been

1123
00:51:45,360 --> 00:51:48,680
Speaker 19: informed by them. What they're doing here is doing exercises.

1124
00:51:48,680 --> 00:51:50,960
Speaker 19: They have a destroyer, they have a frigate, and they

1125
00:51:51,000 --> 00:51:53,440
Speaker 19: also have a refueler with them. That is different from

1126
00:51:53,440 --> 00:51:55,560
Speaker 19: what we've seen before. We've seen research vessels do some

1127
00:51:55,600 --> 00:51:59,040
Speaker 19: of that sort of navigations. It is completely legal with

1128
00:51:59,080 --> 00:52:02,279
Speaker 19: an international law, is completely within the UN Convention of

1129
00:52:02,280 --> 00:52:05,360
Speaker 19: the Law of the Sea. But our problem and frustration

1130
00:52:05,440 --> 00:52:07,319
Speaker 19: has been that we would like a bit more advanced notice.

1131
00:52:07,360 --> 00:52:09,760
Speaker 19: Normally you get twenty four to forty eight hours notice.

1132
00:52:10,160 --> 00:52:12,920
Speaker 19: It's a very busy set of airway, as you well know,

1133
00:52:13,800 --> 00:52:17,200
Speaker 19: but we've had you know, that's the reality of it

1134
00:52:17,239 --> 00:52:18,960
Speaker 19: is that they are completely entitled. We use the same

1135
00:52:19,000 --> 00:52:21,439
Speaker 19: laws when we move our assets around the world as well.

1136
00:52:21,680 --> 00:52:22,960
Speaker 2: Is their behavior acceptable?

1137
00:52:23,520 --> 00:52:25,600
Speaker 19: What's clear is that it's got much more benign, much

1138
00:52:25,600 --> 00:52:27,719
Speaker 19: more competitive within the Pacific Ocean. You've seen that with

1139
00:52:27,760 --> 00:52:31,640
Speaker 19: the cooks. You've seen that with this increase and change around,

1140
00:52:32,160 --> 00:52:35,520
Speaker 19: much heavier military and more powerful vessels coming through you.

1141
00:52:35,680 --> 00:52:37,120
Speaker 2: But it is their behavior acceptable?

1142
00:52:37,719 --> 00:52:40,000
Speaker 19: Well, they're entitled to that. You know what you're saying

1143
00:52:40,120 --> 00:52:41,120
Speaker 19: is just more competition.

1144
00:52:41,520 --> 00:52:44,279
Speaker 2: They them not benignas. The main reason I ask is

1145
00:52:44,280 --> 00:52:45,400
Speaker 2: that we're divoting flights.

1146
00:52:46,200 --> 00:52:48,680
Speaker 19: We are, and that's quite normal around the world if

1147
00:52:48,880 --> 00:52:51,759
Speaker 19: militaries will send radio signals up to airlines and into

1148
00:52:51,800 --> 00:52:54,040
Speaker 19: the aviation system and into the maritime system to say

1149
00:52:54,040 --> 00:52:56,960
Speaker 19: they are doing exercises. What we're saying is, look, we're

1150
00:52:56,960 --> 00:52:59,560
Speaker 19: relaxed with what's happening when the sense of it's legal,

1151
00:52:59,640 --> 00:53:00,879
Speaker 19: but we want to make sure we've got a bit

1152
00:53:00,880 --> 00:53:01,680
Speaker 19: more advanced notice.

1153
00:53:01,719 --> 00:53:04,120
Speaker 2: Okay, the Cooked deal itself, from what you know and

1154
00:53:04,120 --> 00:53:06,640
Speaker 2: what we've been told so far, are you bothered by it?

1155
00:53:06,960 --> 00:53:07,160
Speaker 4: Yeah?

1156
00:53:07,280 --> 00:53:09,840
Speaker 19: And clearly frustrated by it because at the end of

1157
00:53:09,880 --> 00:53:12,160
Speaker 19: the day, areash'es not with the Cook Islands people. They

1158
00:53:12,160 --> 00:53:13,920
Speaker 19: made great contribution to New Zealand, but it is with

1159
00:53:13,960 --> 00:53:16,800
Speaker 19: Prime Minister Brown and the government. They weren't transparent or

1160
00:53:16,800 --> 00:53:18,080
Speaker 19: consultant before they.

1161
00:53:18,040 --> 00:53:20,880
Speaker 2: Signed to your side. The deal itself. Mining the seabed

1162
00:53:21,400 --> 00:53:23,319
Speaker 2: by the Chinese does that bother you?

1163
00:53:23,760 --> 00:53:25,520
Speaker 19: Well, there's quite a few things that we want to

1164
00:53:25,560 --> 00:53:28,160
Speaker 19: digest in those documents and fairness, what's happening is again

1165
00:53:28,200 --> 00:53:30,279
Speaker 19: we still don't have transparency because we get at the

1166
00:53:30,320 --> 00:53:31,920
Speaker 19: same time you get it, and the same time the

1167
00:53:31,920 --> 00:53:35,040
Speaker 19: Cook Islands people are seeing the comperhences, tragic partnership and

1168
00:53:35,080 --> 00:53:38,160
Speaker 19: the three MOUs And so what we've got to do

1169
00:53:38,239 --> 00:53:40,320
Speaker 19: is go through clause by clause and really understand the

1170
00:53:40,400 --> 00:53:42,880
Speaker 19: risk and the implications of that around defense and security

1171
00:53:42,880 --> 00:53:45,400
Speaker 19: in particular, and then we need to have a resett

1172
00:53:45,480 --> 00:53:47,400
Speaker 19: around to what are going to be the parameters of

1173
00:53:47,440 --> 00:53:50,280
Speaker 19: our constitutional arrangements and have those discussions with the Cookolents.

1174
00:53:50,280 --> 00:53:52,279
Speaker 2: Which brings us then to defense. Will we see this

1175
00:53:52,400 --> 00:53:54,960
Speaker 2: long away to defense review made public before the budget?

1176
00:53:55,040 --> 00:53:56,800
Speaker 19: Yeah, it doo to come out very shortly, on a

1177
00:53:56,840 --> 00:53:57,680
Speaker 19: matter of weeks yet.

1178
00:53:57,560 --> 00:53:59,640
Speaker 2: Okay, so we'll know what we're looking at then in

1179
00:53:59,680 --> 00:54:02,200
Speaker 2: the we hare. Due to Colinto on yesterday, she seemed

1180
00:54:02,239 --> 00:54:05,759
Speaker 2: to infer monumental amounts of money we're going to get

1181
00:54:05,800 --> 00:54:06,040
Speaker 2: to spend.

1182
00:54:06,120 --> 00:54:08,319
Speaker 19: Is she correct them, Yes, there'll be a very significant

1183
00:54:08,440 --> 00:54:10,080
Speaker 19: uplift and defense spending.

1184
00:54:09,800 --> 00:54:12,800
Speaker 2: In the budget. Yes, over a long period of time

1185
00:54:12,880 --> 00:54:13,759
Speaker 2: and in a.

1186
00:54:13,840 --> 00:54:16,480
Speaker 19: Year and over a period of time. I mean, what's

1187
00:54:16,520 --> 00:54:19,360
Speaker 19: happened here, Mike, is that historically our defense and just

1188
00:54:19,440 --> 00:54:21,239
Speaker 19: you know, SECT has gone off and bought bits of

1189
00:54:21,320 --> 00:54:23,919
Speaker 19: ships and boats and planes and stuff. What I've asked

1190
00:54:23,920 --> 00:54:26,080
Speaker 19: for new leadership is a proper strategy for the next

1191
00:54:26,120 --> 00:54:28,200
Speaker 19: fifteen years of where do we want to build capability

1192
00:54:28,200 --> 00:54:30,759
Speaker 19: in the defense forces and therefore make sure that as

1193
00:54:30,760 --> 00:54:32,760
Speaker 19: we tip money into it, that is actually good money

1194
00:54:32,760 --> 00:54:35,040
Speaker 19: going into a good strategy. A lot of what we've

1195
00:54:35,040 --> 00:54:37,680
Speaker 19: got to do is make things much more interoperable with Australia.

1196
00:54:37,760 --> 00:54:39,680
Speaker 19: As you've seen even over the course of this week.

1197
00:54:39,920 --> 00:54:42,359
Speaker 19: We have pights. They have pights that helps us when

1198
00:54:42,360 --> 00:54:45,399
Speaker 19: we're doing things like the China does blow the budget though, no, no,

1199
00:54:45,440 --> 00:54:47,520
Speaker 19: we have no money. No, we think we can manage this,

1200
00:54:48,000 --> 00:54:50,399
Speaker 19: and so we've got a budget frame around it which

1201
00:54:50,680 --> 00:54:52,000
Speaker 19: which we feel very comfortable.

1202
00:54:52,040 --> 00:54:54,920
Speaker 2: Money comes from where well, the.

1203
00:54:54,840 --> 00:54:57,080
Speaker 19: Money comes from us continuing to grow the economy but

1204
00:54:57,080 --> 00:54:59,080
Speaker 19: also actually making we're not growing the economy, no, but

1205
00:54:59,160 --> 00:55:01,879
Speaker 19: to continue to greet savings out of what we've talked about, right,

1206
00:55:01,920 --> 00:55:05,319
Speaker 19: So there are savings and debt. Yes, there's savings. Is

1207
00:55:05,320 --> 00:55:07,320
Speaker 19: what we're doing more debt. We'll talk about the budget

1208
00:55:07,320 --> 00:55:09,200
Speaker 19: and we get there. You've just given it away. So

1209
00:55:09,239 --> 00:55:11,719
Speaker 19: we're going to go even more debt to pay for this.

1210
00:55:11,760 --> 00:55:13,239
Speaker 19: So I'm not arguing it's not a good idea. I'm

1211
00:55:13,280 --> 00:55:15,960
Speaker 19: just saying there is more debt being loaded up against us. Well,

1212
00:55:15,960 --> 00:55:17,400
Speaker 19: what we're doing is a couple of things. One as

1213
00:55:17,440 --> 00:55:19,680
Speaker 19: we are going to continue the behavior of savings. We've

1214
00:55:19,680 --> 00:55:21,680
Speaker 19: got a big savings drive and program that we have

1215
00:55:21,719 --> 00:55:23,400
Speaker 19: to get out of the public service, and we'll continue

1216
00:55:23,400 --> 00:55:25,600
Speaker 19: to do that every single day. As you saw at

1217
00:55:25,600 --> 00:55:27,720
Speaker 19: the last budget, I think we generated some like twenty

1218
00:55:27,719 --> 00:55:30,480
Speaker 19: three billion dollars worth of savings that funded a lot

1219
00:55:30,520 --> 00:55:33,040
Speaker 19: of our investment in other areas. And that's the mentality

1220
00:55:33,080 --> 00:55:34,799
Speaker 19: that we have of thinking of sweating the money that

1221
00:55:34,840 --> 00:55:36,960
Speaker 19: we actually have and making sure it's deployed in the

1222
00:55:37,040 --> 00:55:39,440
Speaker 19: right way. So that's the work that the budget ministers

1223
00:55:39,440 --> 00:55:41,600
Speaker 19: are working through right now. I was with them last week.

1224
00:55:42,120 --> 00:55:43,800
Speaker 19: We've got a lot more to do there.

1225
00:55:43,840 --> 00:55:46,480
Speaker 2: Just real quick. I heard you talk to Kerry last week.

1226
00:55:46,960 --> 00:55:48,960
Speaker 2: Is Marsden reel or was that a thought bubble?

1227
00:55:49,719 --> 00:55:52,800
Speaker 19: Marsden's binary is real. Well, Marsden and looking at Marsden

1228
00:55:52,920 --> 00:55:54,719
Speaker 19: was a commitment we made in the coalition agreement with.

1229
00:55:54,680 --> 00:55:56,239
Speaker 2: You were looking and doing it two different things.

1230
00:55:56,320 --> 00:55:58,239
Speaker 19: Yeah, But I'll let Shane Jones come back that because

1231
00:55:58,239 --> 00:55:59,960
Speaker 19: it is actually part of a broader piece of work

1232
00:56:00,040 --> 00:56:01,319
Speaker 19: around fuel security.

1233
00:56:02,120 --> 00:56:03,319
Speaker 2: It all makes sense, but is.

1234
00:56:03,239 --> 00:56:06,600
Speaker 19: It real Well he'll talk to that shortly. But what

1235
00:56:06,640 --> 00:56:09,080
Speaker 19: I'd say is the fuel strategy is another piece. Like

1236
00:56:09,239 --> 00:56:11,080
Speaker 19: you know, if we're going to import and fuel, you

1237
00:56:11,160 --> 00:56:13,160
Speaker 19: need to have a number of days cover so that

1238
00:56:13,200 --> 00:56:15,919
Speaker 19: if you got disrupted in a supply chain from Singapore,

1239
00:56:16,120 --> 00:56:18,000
Speaker 19: actually we'll have we got enough cover here on the ground.

1240
00:56:18,040 --> 00:56:20,120
Speaker 19: There's a whole bunch of things. That's one part of it.

1241
00:56:20,200 --> 00:56:22,440
Speaker 2: Just real quick and almost out of time. Is anything

1242
00:56:22,560 --> 00:56:24,280
Speaker 2: tangible come out of Vietnam.

1243
00:56:24,920 --> 00:56:28,080
Speaker 19: Yes, just just much deeper trade relationship. I mean that's

1244
00:56:28,120 --> 00:56:30,840
Speaker 19: an exciting place. I mean one hundred million people, thirty

1245
00:56:30,920 --> 00:56:33,960
Speaker 19: years age, fastest growing economy for twenty five years, going

1246
00:56:33,960 --> 00:56:36,040
Speaker 19: to average seven percent growth in the next five to

1247
00:56:36,080 --> 00:56:40,400
Speaker 19: ten years. And massive opportunity for food, beverage, the traditional sectors,

1248
00:56:40,400 --> 00:56:44,719
Speaker 19: tourism and also education. Education's massive and Vietnam for New Zealand,

1249
00:56:44,760 --> 00:56:46,520
Speaker 19: a lot more to do there. So all about trade

1250
00:56:46,520 --> 00:56:47,040
Speaker 19: there really.

1251
00:56:46,960 --> 00:56:49,120
Speaker 2: All right, go well see next week. We will see

1252
00:56:49,120 --> 00:56:49,799
Speaker 2: you next week or not.

1253
00:56:50,880 --> 00:56:52,759
Speaker 19: I'm not sure. I'm back in Parliament expects so that

1254
00:56:52,760 --> 00:56:53,520
Speaker 19: we will be doing for.

1255
00:56:53,600 --> 00:56:56,480
Speaker 2: Parliament's open next week. Oh, come on, congratulations.

1256
00:56:56,760 --> 00:56:58,480
Speaker 19: You keep giving me grief on this How long was

1257
00:56:58,520 --> 00:56:59,280
Speaker 19: your summer? Holiday?

1258
00:56:59,400 --> 00:57:01,520
Speaker 2: Was a long summer? Twelve minutes away.

1259
00:57:01,280 --> 00:57:06,000
Speaker 1: From eight, The Mike Hosking Breakfast Full Show podcast on

1260
00:57:06,160 --> 00:57:08,200
Speaker 1: iHeartRadio powered by the News.

1261
00:57:08,040 --> 00:57:08,560
Speaker 3: Talks at me.

1262
00:57:09,600 --> 00:57:11,799
Speaker 2: I'm just trying to work out where we are. We

1263
00:57:11,840 --> 00:57:14,680
Speaker 2: at fifty to fifty on the you hate me versus

1264
00:57:15,000 --> 00:57:19,040
Speaker 2: Luckson's a spineless wimp debate that normally comes out of

1265
00:57:19,040 --> 00:57:21,160
Speaker 2: a Prime minister. I'll work through the text at the

1266
00:57:21,160 --> 00:57:24,360
Speaker 2: moment as the smoke clears from the text machine. By

1267
00:57:24,400 --> 00:57:26,960
Speaker 2: the way, the Yellow Chair meeting has been concluded between

1268
00:57:26,960 --> 00:57:29,120
Speaker 2: Macron and Trump talk about the war.

1269
00:57:29,480 --> 00:57:30,240
Speaker 14: I think we've gon.

1270
00:57:30,200 --> 00:57:33,440
Speaker 20: End it within weeks if we're smart. If we're not smart,

1271
00:57:33,680 --> 00:57:40,320
Speaker 20: it'll keep going and we'll keep losing young, beautiful people.

1272
00:57:40,480 --> 00:57:42,080
Speaker 4: That shouldn't be daying.

1273
00:57:43,240 --> 00:57:43,960
Speaker 13: And we don't want that.

1274
00:57:44,120 --> 00:57:47,640
Speaker 20: And remember what I said, this could escalate into a

1275
00:57:47,680 --> 00:57:51,120
Speaker 20: third World war and we don't want that either.

1276
00:57:51,520 --> 00:57:54,200
Speaker 2: No, we do not husking for Prime minister. After that interview,

1277
00:57:54,240 --> 00:57:57,080
Speaker 2: Mike unfair, can't discuss employment issues. Not a fair deal.

1278
00:57:57,200 --> 00:57:59,520
Speaker 2: Mike Luckson's become a true politician. A lot of talk

1279
00:57:59,520 --> 00:58:01,479
Speaker 2: and not a lot of doing. If this guy doesn't

1280
00:58:01,480 --> 00:58:03,240
Speaker 2: get right of center and the very in near future,

1281
00:58:03,240 --> 00:58:05,200
Speaker 2: there's no way hes getting in again. Mike, my brother's

1282
00:58:05,280 --> 00:58:07,480
Speaker 2: n ardent national supporter, but is really disappointed with the

1283
00:58:07,520 --> 00:58:10,760
Speaker 2: Prime minister. Mike, you'll be using disgraceful bullying tactics. I

1284
00:58:10,800 --> 00:58:13,040
Speaker 2: think so far I'm on the right side of this,

1285
00:58:13,160 --> 00:58:14,640
Speaker 2: but I'll go through the rest of it. Shortly eight

1286
00:58:14,720 --> 00:58:15,520
Speaker 2: minutes away from.

1287
00:58:15,400 --> 00:58:19,520
Speaker 1: It, the Mike Hosking Breakfast with Bailey's Real Estate News

1288
00:58:19,560 --> 00:58:20,160
Speaker 1: togs dead.

1289
00:58:20,040 --> 00:58:22,240
Speaker 2: Being a hypocrite. Might I agree that New Zealand's in

1290
00:58:22,240 --> 00:58:24,480
Speaker 2: trouble because a minister has to resign for an innocuous

1291
00:58:24,520 --> 00:58:26,360
Speaker 2: touch of the arm, But you just wasted five minutes

1292
00:58:26,400 --> 00:58:28,720
Speaker 2: trying to force the Prime Minister to answer a hypothetic question.

1293
00:58:28,760 --> 00:58:31,720
Speaker 2: It's not remotely hypothetical. That's the whole point. One of

1294
00:58:31,720 --> 00:58:34,160
Speaker 2: the great issues image issues he has around him at

1295
00:58:34,160 --> 00:58:36,560
Speaker 2: the moment, if you look at the polls, is he's perceived,

1296
00:58:36,640 --> 00:58:40,160
Speaker 2: rightly or wrongly, as indecisive, and he talks a big

1297
00:58:40,160 --> 00:58:42,360
Speaker 2: game in certain areas, but when it comes to the crunch,

1298
00:58:42,400 --> 00:58:45,280
Speaker 2: he can't answer a simple question. Lux and listen to

1299
00:58:45,320 --> 00:58:47,760
Speaker 2: Mike answer the question, or you will lose the next election.

1300
00:58:47,840 --> 00:58:49,600
Speaker 2: Mike Luxon should look at a current leader of the

1301
00:58:49,600 --> 00:58:51,960
Speaker 2: free world, love and or hate him. Trump got re

1302
00:58:52,000 --> 00:58:55,320
Speaker 2: elected as he is decisive makes things happen. Mike, I'm

1303
00:58:55,320 --> 00:58:57,200
Speaker 2: a national supporter of Luxe needs to go. Can't answer

1304
00:58:57,240 --> 00:59:00,440
Speaker 2: a question. I don't think it's that strong, Mike. He again,

1305
00:59:00,680 --> 00:59:02,280
Speaker 2: you're making a meal of trying to put words in

1306
00:59:02,280 --> 00:59:04,200
Speaker 2: the Prime Minister's mouth. I wasn't trying to those asking

1307
00:59:04,320 --> 00:59:06,320
Speaker 2: very simple question. Would it have been sackable? Sackable? Yes

1308
00:59:06,440 --> 00:59:08,840
Speaker 2: or no. Good on you, Mike for insisting the Prime

1309
00:59:08,880 --> 00:59:11,640
Speaker 2: Minister answer a direct question. That's not bullying, that's doing

1310
00:59:11,680 --> 00:59:13,760
Speaker 2: your job. I would tend to defend it at the

1311
00:59:13,800 --> 00:59:15,000
Speaker 2: end of the day, but I know you get a

1312
00:59:15,000 --> 00:59:16,560
Speaker 2: bit angsty about these things. But at the end of

1313
00:59:16,600 --> 00:59:19,200
Speaker 2: the day, you want the job in public life and

1314
00:59:19,240 --> 00:59:21,880
Speaker 2: you want to be held to account. The obvious question

1315
00:59:22,080 --> 00:59:27,560
Speaker 2: around the way you handle set expectations your people. Was

1316
00:59:27,600 --> 00:59:29,400
Speaker 2: that a sackable offense? He could have easily said no,

1317
00:59:29,440 --> 00:59:31,120
Speaker 2: it wasn't. I didn't think so, but he came to

1318
00:59:31,160 --> 00:59:33,360
Speaker 2: his own conclusion. I had to accept it, or he

1319
00:59:33,360 --> 00:59:35,240
Speaker 2: came to his own conclusion, and I talked him out

1320
00:59:35,240 --> 00:59:37,680
Speaker 2: of resigning or yes, it was a sackable offense. They're

1321
00:59:37,720 --> 00:59:39,960
Speaker 2: all easy answers to give. It's just the way he

1322
00:59:40,040 --> 00:59:43,040
Speaker 2: handles that stuff is problematic and don't say it isn't

1323
00:59:43,080 --> 00:59:45,080
Speaker 2: because it is. Listen to the interview again and see

1324
00:59:45,080 --> 00:59:49,200
Speaker 2: how he stumbled with it. Scott McLaughlin began the return

1325
00:59:49,280 --> 00:59:51,240
Speaker 2: this weekend. Is he going to win it all? Scott

1326
00:59:51,280 --> 00:59:53,280
Speaker 2: McLachlin with us out of the States after the news,

1327
00:59:53,280 --> 00:59:54,120
Speaker 2: which is next.

1328
00:59:54,040 --> 00:59:57,680
Speaker 1: News talk said, be setting me agenda and talking the

1329
00:59:57,720 --> 01:00:01,200
Speaker 1: big issues for the mic costing break best with Bailey's

1330
01:00:01,200 --> 01:00:20,080
Speaker 1: real estate, finding the buyers others can't use togs dead by.

1331
01:00:12,400 --> 01:00:14,360
Speaker 2: Seven parts out light. The sport world is coming back

1332
01:00:14,360 --> 01:00:16,240
Speaker 2: to life, so the new year. Of course, supercarnts this

1333
01:00:16,320 --> 01:00:18,560
Speaker 2: past weekend, testing in the Middle East for IF one

1334
01:00:18,640 --> 01:00:21,200
Speaker 2: this week and Indy Cow's crank up in some Petersburg

1335
01:00:21,280 --> 01:00:23,760
Speaker 2: this coming weekend. Indy these days is as much a

1336
01:00:23,880 --> 01:00:26,880
Speaker 2: key we ex pat community as any Dixon Armstrong and

1337
01:00:26,920 --> 01:00:30,040
Speaker 2: of course Scott McLoughlin, who dare we suggest, after a

1338
01:00:30,080 --> 01:00:32,840
Speaker 2: series of increasingly successful season since his debut back in

1339
01:00:32,840 --> 01:00:36,120
Speaker 2: twenty twenty one, might just be looking at the title itself.

1340
01:00:36,120 --> 01:00:38,600
Speaker 2: Scott McLaughlan is with us. A very good morning to you.

1341
01:00:40,120 --> 01:00:40,880
Speaker 14: Hey, Mike Haydon.

1342
01:00:41,000 --> 01:00:44,560
Speaker 2: I'm doing extremely well. How's life as a dad?

1343
01:00:46,280 --> 01:00:52,360
Speaker 14: I'm really enjoying it. It's been an awesome outlet for us,

1344
01:00:52,400 --> 01:00:55,280
Speaker 14: both from the off season. Basically as soon as the

1345
01:00:55,360 --> 01:00:58,600
Speaker 14: season was done, you know, Lucy came into our lives.

1346
01:00:58,640 --> 01:01:02,520
Speaker 14: So it's it's been pretty old, but enjoyed it. At

1347
01:01:02,520 --> 01:01:05,480
Speaker 14: a great Christmas and just really really excited to get

1348
01:01:05,480 --> 01:01:08,360
Speaker 14: back to the racetrack and and get amongst it. She's

1349
01:01:08,400 --> 01:01:10,440
Speaker 14: coming this weekend, which would be awesome, was.

1350
01:01:11,960 --> 01:01:12,240
Speaker 4: The first.

1351
01:01:12,400 --> 01:01:14,440
Speaker 2: My next question was how old does she have to be?

1352
01:01:14,480 --> 01:01:16,600
Speaker 2: So ear muffs on?

1353
01:01:18,200 --> 01:01:21,280
Speaker 14: Oh yeah, yeah, a muffs are on. Mum's pretty particular

1354
01:01:21,360 --> 01:01:23,280
Speaker 14: about that, the same as dad. But she's going to

1355
01:01:23,280 --> 01:01:26,240
Speaker 14: be right amongst it. She's been sleeping really well so

1356
01:01:26,800 --> 01:01:29,440
Speaker 14: so hopefully haven't jinxed that. And she sleeps pretty good

1357
01:01:29,440 --> 01:01:32,000
Speaker 14: on the at the hotel of the bus, so we'll

1358
01:01:32,040 --> 01:01:32,720
Speaker 14: see how that goes.

1359
01:01:33,000 --> 01:01:35,720
Speaker 2: Fantastic, Correct me if I'm wrong. You're in North Carolina?

1360
01:01:35,800 --> 01:01:39,280
Speaker 14: Right, Yes, yeah, I'm in Charlotte, North Carolina.

1361
01:01:39,320 --> 01:01:41,440
Speaker 2: Were you you guys affected in any way, shape or

1362
01:01:41,480 --> 01:01:44,080
Speaker 2: form by all? That dreadful weather that came through that

1363
01:01:44,240 --> 01:01:46,760
Speaker 2: broad area of America over the Christmas break or not.

1364
01:01:48,160 --> 01:01:50,880
Speaker 14: Uh No, a lot of it was west of US,

1365
01:01:50,920 --> 01:01:53,520
Speaker 14: about a couple hours west of US, but certainly got

1366
01:01:53,560 --> 01:01:56,280
Speaker 14: a lot of rain around home. But yeah, it was

1367
01:01:56,680 --> 01:02:02,640
Speaker 14: very sad up up up western North Carolina, up Ashville

1368
01:02:02,720 --> 01:02:05,280
Speaker 14: and where the flooding was. You know, we go up there.

1369
01:02:05,440 --> 01:02:07,880
Speaker 14: It's quite a popular spot for holiday and and whatnot,

1370
01:02:07,960 --> 01:02:11,280
Speaker 14: and and a lot of breweries and really fun town

1371
01:02:11,600 --> 01:02:14,920
Speaker 14: and unfortunately, yeah, a lot of it's been washed away,

1372
01:02:14,920 --> 01:02:19,040
Speaker 14: but they're working really hard. It reminded me of christ Church.

1373
01:02:19,080 --> 01:02:21,200
Speaker 14: You know when the earthquakes happen. It's like a town

1374
01:02:21,320 --> 01:02:25,800
Speaker 14: like that where it's very strong, and you know, they

1375
01:02:25,880 --> 01:02:28,160
Speaker 14: managed to rebuild. They will just going to take some time,

1376
01:02:28,200 --> 01:02:30,680
Speaker 14: which sucks, but eventually it's gonna be really cool.

1377
01:02:30,720 --> 01:02:30,959
Speaker 4: Good.

1378
01:02:31,200 --> 01:02:33,120
Speaker 2: Hey, did you happen to see the supercars over the

1379
01:02:33,120 --> 01:02:33,760
Speaker 2: weekend or not?

1380
01:02:35,520 --> 01:02:37,600
Speaker 14: I watched the highlights. The races are on too late

1381
01:02:37,640 --> 01:02:39,840
Speaker 14: for me, but I certainly a lot of the racing

1382
01:02:39,960 --> 01:02:42,000
Speaker 14: was really good. It was great to see some good

1383
01:02:42,040 --> 01:02:44,080
Speaker 14: stuff and yeah, it was enjoying it.

1384
01:02:44,360 --> 01:02:50,840
Speaker 2: Race two Saturday Night waters Feene the side draft finish,

1385
01:02:51,240 --> 01:02:54,560
Speaker 2: closest finish in the history of supercars. I've never seen

1386
01:02:54,600 --> 01:02:57,440
Speaker 2: a side draft. If ever, you question the value and

1387
01:02:57,520 --> 01:02:59,840
Speaker 2: power of side draft, that was it.

1388
01:03:00,200 --> 01:03:04,560
Speaker 14: Yeah, oh absolutely, and it's a huge tool these days

1389
01:03:04,600 --> 01:03:07,680
Speaker 14: and so many sports, even an IndyCar in some ways,

1390
01:03:07,680 --> 01:03:10,480
Speaker 14: the side draft is such a big thing and exploiting that.

1391
01:03:10,480 --> 01:03:12,880
Speaker 14: It's a huge deal because not only you can get

1392
01:03:12,880 --> 01:03:15,480
Speaker 14: a benefit from it, but you can actually impact the

1393
01:03:15,520 --> 01:03:17,200
Speaker 14: car in front of you as well the car that

1394
01:03:17,240 --> 01:03:20,800
Speaker 14: you're chasing. So ultimately, what Cam did was one get

1395
01:03:20,800 --> 01:03:23,200
Speaker 14: a benefit of the draft and found an air pocket.

1396
01:03:23,440 --> 01:03:25,520
Speaker 14: But he basically put if you could see the air

1397
01:03:25,680 --> 01:03:28,240
Speaker 14: you would you would see that a lot of the

1398
01:03:28,280 --> 01:03:30,360
Speaker 14: air got thrown over the top of his car and

1399
01:03:30,400 --> 01:03:33,959
Speaker 14: the momentum shifted backwards. So it was a perfect move.

1400
01:03:34,200 --> 01:03:36,280
Speaker 14: And yeah, it was awesome to see Ben.

1401
01:03:36,720 --> 01:03:39,360
Speaker 2: As regards you this year, fifth year, Am I overselling

1402
01:03:39,360 --> 01:03:41,040
Speaker 2: the prospect? I mean, yes, you want to and of

1403
01:03:41,080 --> 01:03:42,640
Speaker 2: course you do, can you?

1404
01:03:44,480 --> 01:03:44,720
Speaker 13: Yeah?

1405
01:03:44,760 --> 01:03:49,840
Speaker 14: Absolutely? Look I feel just as you know, comfortable and

1406
01:03:49,920 --> 01:03:52,360
Speaker 14: confident as I did when I started, you know, sort

1407
01:03:52,400 --> 01:03:55,240
Speaker 14: of going on our run here in New Zealand, Australia

1408
01:03:55,320 --> 01:03:57,880
Speaker 14: with the supercars, so you know, I feel like I'm

1409
01:03:58,120 --> 01:04:00,520
Speaker 14: at a right the right frame of mind. I feel

1410
01:04:00,560 --> 01:04:02,200
Speaker 14: like I'm driving the best I ever have and I've

1411
01:04:02,200 --> 01:04:04,800
Speaker 14: got all the tools to do it. So there's no

1412
01:04:04,840 --> 01:04:06,760
Speaker 14: reason why we can't compete. It's just going to be

1413
01:04:06,760 --> 01:04:08,919
Speaker 14: come up to us and how we execute. And yeah,

1414
01:04:09,040 --> 01:04:11,960
Speaker 14: I have a ton of confidence and certainly the title

1415
01:04:12,000 --> 01:04:13,680
Speaker 14: for me is a big goal.

1416
01:04:13,920 --> 01:04:17,040
Speaker 2: Good. How's your trajectory gone in the time, you know,

1417
01:04:17,080 --> 01:04:19,800
Speaker 2: when you start? I remember talking to you towards the beginning,

1418
01:04:20,120 --> 01:04:23,320
Speaker 2: different style of car, fitness levels, neck all that sort

1419
01:04:23,320 --> 01:04:26,280
Speaker 2: of stuff. How's that trajectory worked out for you? As

1420
01:04:26,320 --> 01:04:27,520
Speaker 2: far as you're concerned.

1421
01:04:29,080 --> 01:04:31,320
Speaker 14: I'm definitely in a in a great spot now, you know.

1422
01:04:31,400 --> 01:04:34,280
Speaker 14: I'm I'm definitely feel more of an open wheeler driver

1423
01:04:34,400 --> 01:04:37,320
Speaker 14: than I do a touring car driver. Now you know,

1424
01:04:37,320 --> 01:04:40,040
Speaker 14: I've lost a couple of my habits of the touring car,

1425
01:04:40,200 --> 01:04:44,960
Speaker 14: and definitely my fitness has probably reached another level just

1426
01:04:45,000 --> 01:04:47,520
Speaker 14: for for this car. It's just a lot more physical.

1427
01:04:47,560 --> 01:04:50,960
Speaker 14: But you know, it's you know, I've had had a

1428
01:04:50,960 --> 01:04:54,120
Speaker 14: blast of here and I think, yeah, I'm in a

1429
01:04:54,160 --> 01:04:56,760
Speaker 14: great spot. I think for sure last year I would

1430
01:04:56,760 --> 01:04:59,000
Speaker 14: have loved to have been a little bit better. Maybe

1431
01:04:58,840 --> 01:05:00,760
Speaker 14: one a couple more races or been a little bit

1432
01:05:00,760 --> 01:05:03,120
Speaker 14: close at the five hundred, But we're improving every year

1433
01:05:03,680 --> 01:05:05,440
Speaker 14: and I think we're right on tracks. So we'll see

1434
01:05:05,440 --> 01:05:05,800
Speaker 14: how we go.

1435
01:05:06,080 --> 01:05:12,800
Speaker 2: How much changes season to season in terms of technical specifications, cars, engines, drivers, teams,

1436
01:05:12,840 --> 01:05:13,240
Speaker 2: any of that.

1437
01:05:15,440 --> 01:05:17,800
Speaker 14: It just gets developed. You know, this car has been

1438
01:05:17,840 --> 01:05:19,960
Speaker 14: around a long time. The hybrid this is this will

1439
01:05:20,000 --> 01:05:22,680
Speaker 14: be our second year with the hybrid energy system that

1440
01:05:22,720 --> 01:05:26,200
Speaker 14: we use. So and for the most part, you know,

1441
01:05:26,760 --> 01:05:31,120
Speaker 14: engineers have gone between Penske Andassi are other teams, so

1442
01:05:31,360 --> 01:05:34,680
Speaker 14: a lot of people have the knowledge from other teams

1443
01:05:34,680 --> 01:05:38,320
Speaker 14: and it's spread throughout the series. So the competitive competitiveness

1444
01:05:38,320 --> 01:05:40,439
Speaker 14: of the series is right there, and you're just looking

1445
01:05:40,480 --> 01:05:43,160
Speaker 14: for nuances and looking for a little bits and pieces

1446
01:05:43,200 --> 01:05:46,480
Speaker 14: to you know, really maximize and you know, I think

1447
01:05:46,560 --> 01:05:50,920
Speaker 14: you know it's there's little things that you hardly will see,

1448
01:05:50,920 --> 01:05:52,880
Speaker 14: but it's just at half tenth of the second and

1449
01:05:52,920 --> 01:05:56,320
Speaker 14: you're just constantly developing that part. But in twenty seven

1450
01:05:56,400 --> 01:05:59,480
Speaker 14: we'll go to a new car, so that'll be a

1451
01:05:59,480 --> 01:05:59,919
Speaker 14: big thing.

1452
01:06:00,200 --> 01:06:01,920
Speaker 2: Fantastic hold on. We'll talk more about that in the

1453
01:06:01,920 --> 01:06:04,320
Speaker 2: Moment's got mcglocklin's whether it's out of North Carolina. More

1454
01:06:04,320 --> 01:06:05,720
Speaker 2: shortly thirteen past eight.

1455
01:06:06,640 --> 01:06:11,120
Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio. Power

1456
01:06:11,120 --> 01:06:12,000
Speaker 1: it by News Talks.

1457
01:06:12,040 --> 01:06:15,000
Speaker 2: It be news Talks. It'll be sixteen minutes. Class doan't

1458
01:06:15,040 --> 01:06:18,320
Speaker 2: Scott mcglonklin is when I say, North Carolina, take it

1459
01:06:18,320 --> 01:06:19,920
Speaker 2: you are? When do you get to When do you

1460
01:06:19,960 --> 01:06:21,720
Speaker 2: get to St? Pete for the weekend?

1461
01:06:23,160 --> 01:06:25,880
Speaker 14: We leave Thursday morning, so yeah, a couple of days.

1462
01:06:25,880 --> 01:06:26,960
Speaker 14: So it's Monday over here.

1463
01:06:26,840 --> 01:06:29,240
Speaker 2: Now, Okay, as far as the holidays are concerned, all

1464
01:06:29,280 --> 01:06:31,560
Speaker 2: the in between season, if you like, do you test?

1465
01:06:31,960 --> 01:06:33,560
Speaker 2: Are you behind a wheel at all? Are you in

1466
01:06:33,600 --> 01:06:35,200
Speaker 2: a sim anything like that?

1467
01:06:36,920 --> 01:06:39,959
Speaker 14: A lot of simulating, A lot of simulator driving for sure.

1468
01:06:40,280 --> 01:06:43,000
Speaker 14: Probably in that nearly every week from the last race

1469
01:06:43,040 --> 01:06:47,400
Speaker 14: of the year to now. That's pretty grilly, and then

1470
01:06:47,560 --> 01:06:49,280
Speaker 14: probably in the car a couple of times. And I

1471
01:06:49,320 --> 01:06:52,400
Speaker 14: also did the Daytona twenty four hour and a couple

1472
01:06:52,440 --> 01:06:55,720
Speaker 14: other things as well, so sort of I do the

1473
01:06:55,800 --> 01:06:57,360
Speaker 14: dayton and twenty four hours a bit of fun, but

1474
01:06:57,400 --> 01:07:00,120
Speaker 14: at the same time it's great to get behind on

1475
01:07:00,160 --> 01:07:01,760
Speaker 14: the wheel and drive things.

1476
01:07:01,960 --> 01:07:03,320
Speaker 2: That was with Shane, wasn't it.

1477
01:07:04,400 --> 01:07:05,360
Speaker 13: Yeah, Yeah, yeah, it was.

1478
01:07:05,360 --> 01:07:06,680
Speaker 14: It was awesome. I had a lot of fun.

1479
01:07:06,880 --> 01:07:09,760
Speaker 2: Does that change because there was there used to be

1480
01:07:09,840 --> 01:07:12,160
Speaker 2: that thing in supercars I could never work out whether

1481
01:07:12,200 --> 01:07:14,200
Speaker 2: you didn't like each other or it was just competition

1482
01:07:14,360 --> 01:07:17,760
Speaker 2: or whatever in a different setting, in a different environment,

1483
01:07:17,840 --> 01:07:19,160
Speaker 2: is it completely different now?

1484
01:07:20,640 --> 01:07:24,320
Speaker 14: I think, you know, we've always had that respect, and honestly,

1485
01:07:24,360 --> 01:07:26,920
Speaker 14: I think we always have liked each other. But at

1486
01:07:26,960 --> 01:07:30,400
Speaker 14: the same time, you're chasing that same goal. You know,

1487
01:07:30,880 --> 01:07:33,680
Speaker 14: you're constantly trying to beat each other, and it makes

1488
01:07:33,720 --> 01:07:36,080
Speaker 14: it hard to have a personal relationship in some ways.

1489
01:07:36,080 --> 01:07:38,760
Speaker 14: But if I'm met honest and I think he's the

1490
01:07:38,760 --> 01:07:39,240
Speaker 14: same deal.

1491
01:07:39,320 --> 01:07:39,480
Speaker 7: You know.

1492
01:07:39,520 --> 01:07:41,760
Speaker 14: I feel like when as soon as I came over here,

1493
01:07:42,200 --> 01:07:45,160
Speaker 14: you know, we sort of cracked onto being friends again

1494
01:07:45,440 --> 01:07:48,000
Speaker 14: and being a little bit more close. He's probably the

1495
01:07:48,000 --> 01:07:49,560
Speaker 14: guy that I spoke too more often than not week

1496
01:07:49,640 --> 01:07:52,440
Speaker 14: to week, and now see what he's doing over here

1497
01:07:52,520 --> 01:07:55,880
Speaker 14: is awesome. But yeah, definitely it doesn't help the media.

1498
01:07:55,880 --> 01:07:57,680
Speaker 14: That doesn't help it, and then they try and beef

1499
01:07:57,720 --> 01:08:00,640
Speaker 14: it up, which is part of the show. But you know, yeah,

1500
01:08:00,720 --> 01:08:02,400
Speaker 14: we definitely get along really well. Now.

1501
01:08:02,600 --> 01:08:05,400
Speaker 2: Is he living his dream?

1502
01:08:05,480 --> 01:08:05,800
Speaker 18: Yeah?

1503
01:08:05,840 --> 01:08:07,520
Speaker 14: Well, I mean I think I think he is I

1504
01:08:07,520 --> 01:08:10,520
Speaker 14: think he's ever having a blast over here, and he's

1505
01:08:10,520 --> 01:08:13,480
Speaker 14: got a house here now, and he's and he's gone

1506
01:08:13,520 --> 01:08:16,680
Speaker 14: really well. Honestly, Mike, he's I've always said he's like

1507
01:08:16,960 --> 01:08:18,920
Speaker 14: one of the most talented guys I've ever raced against,

1508
01:08:18,960 --> 01:08:22,680
Speaker 14: and definitely from a respect level and fund racing has

1509
01:08:22,720 --> 01:08:24,960
Speaker 14: been great. But he's killing it like he is good

1510
01:08:24,960 --> 01:08:27,160
Speaker 14: the NASCAR. What he's doing is so hard and I

1511
01:08:27,240 --> 01:08:28,479
Speaker 14: think he's done such a great job.

1512
01:08:28,640 --> 01:08:32,160
Speaker 2: Fantastic And you're clearly loving America and and you know,

1513
01:08:32,200 --> 01:08:33,920
Speaker 2: I figured all the politics and all the weird stuff

1514
01:08:33,920 --> 01:08:37,960
Speaker 2: about it as a country, as a lifestyle, you're clearly

1515
01:08:38,000 --> 01:08:38,400
Speaker 2: loving it.

1516
01:08:38,720 --> 01:08:41,680
Speaker 14: Yeah. Yeah, look, I think it's it's been the next

1517
01:08:41,680 --> 01:08:44,400
Speaker 14: step in my career and and you know, I've really

1518
01:08:44,479 --> 01:08:46,760
Speaker 14: enjoyed being over here. Certainly miss home a lot, but

1519
01:08:46,920 --> 01:08:49,760
Speaker 14: at the same time, yeah, I'm building a life here

1520
01:08:49,800 --> 01:08:53,160
Speaker 14: with my wife and now my baby girl, and yeah,

1521
01:08:53,240 --> 01:08:56,519
Speaker 14: having a blast doing that. So definitely always sharing the

1522
01:08:56,520 --> 01:08:59,519
Speaker 14: all blacks, So that's the main thing. And yeah, we're

1523
01:08:59,600 --> 01:09:00,479
Speaker 14: enjoying it over here.

1524
01:09:00,600 --> 01:09:04,360
Speaker 2: Good stuff is I read this speaks to who you are.

1525
01:09:04,720 --> 01:09:07,439
Speaker 2: Did you honestly when you first met your wife to

1526
01:09:07,680 --> 01:09:09,920
Speaker 2: be Carly you told her you were a mechanic.

1527
01:09:10,120 --> 01:09:15,880
Speaker 14: Yep, yeah I did. Yeah, it was you know, make

1528
01:09:15,960 --> 01:09:20,280
Speaker 14: sure that she didn't take me for advantage, right, So.

1529
01:09:19,800 --> 01:09:23,200
Speaker 2: It worked that good worked out extremely well.

1530
01:09:23,280 --> 01:09:23,439
Speaker 18: Well.

1531
01:09:23,439 --> 01:09:25,800
Speaker 2: Listen, good luck with this weekend, good luck with the

1532
01:09:25,840 --> 01:09:28,360
Speaker 2: whole season, and we're following you with a great deal

1533
01:09:28,400 --> 01:09:30,280
Speaker 2: of interest and hopefully we'll talk again.

1534
01:09:30,360 --> 01:09:33,120
Speaker 14: So yeah, thanks, Mike, appreciate it.

1535
01:09:33,160 --> 01:09:35,160
Speaker 2: Good on you, mate, Nice to talk. Cares Scott McLoughlin

1536
01:09:35,240 --> 01:09:38,360
Speaker 2: out of North Carolina. This morning, it's nineteen past.

1537
01:09:38,120 --> 01:09:44,040
Speaker 1: Eight the Mike Hosking Breakfast with Vita Retirement, Communities, News Dogs.

1538
01:09:43,800 --> 01:09:47,760
Speaker 2: Head b now HR real headache at times of course,

1539
01:09:47,800 --> 01:09:50,719
Speaker 2: the hiring, the firing, the performance reviews. It's minefield and frankly,

1540
01:09:50,720 --> 01:09:52,240
Speaker 2: who's got time for all of that? This is where

1541
01:09:52,280 --> 01:09:55,679
Speaker 2: my HHR changes the game. My HR real human expertise

1542
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1543
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Speaker 2: at says to HR professionals, right who you know people

1544
01:10:02,320 --> 01:10:04,800
Speaker 2: who enjoy this stuff. Plus you're also going to get

1545
01:10:04,800 --> 01:10:06,920
Speaker 2: the scripts in the letters you need for disciplinaries and

1546
01:10:06,920 --> 01:10:09,120
Speaker 2: restructures and trial periods, whatever is. You're on your plate

1547
01:10:09,160 --> 01:10:12,800
Speaker 2: and you hire, well, MYHR helps you on board seamlessly

1548
01:10:13,120 --> 01:10:16,720
Speaker 2: with automated workflows, performance management sort it. With my HR,

1549
01:10:16,800 --> 01:10:19,240
Speaker 2: you can manage review's appraisals, gold tracking. It's all there.

1550
01:10:19,520 --> 01:10:21,840
Speaker 2: If you want real insights, MYHR allows you to track

1551
01:10:21,880 --> 01:10:24,360
Speaker 2: performance and engagement and compliance so you can get the

1552
01:10:24,439 --> 01:10:27,400
Speaker 2: data and make better decisions. And let's talk admin. MYHR

1553
01:10:27,439 --> 01:10:30,040
Speaker 2: simplifies the process, rights, contracts and policies for you and

1554
01:10:30,120 --> 01:10:32,160
Speaker 2: let you get back to running your business. This is

1555
01:10:32,520 --> 01:10:35,639
Speaker 2: HR without the hussles. My HR makes it easy. Where

1556
01:10:35,640 --> 01:10:38,519
Speaker 2: do you go? Here's where you go? My hr dot

1557
01:10:38,600 --> 01:10:43,800
Speaker 2: works simple as that. My hr dot works. Lasking Mike,

1558
01:10:43,880 --> 01:10:46,280
Speaker 2: I'm just driving my Mustang, which is a Scott mcloughland

1559
01:10:46,320 --> 01:10:48,680
Speaker 2: number twenty very NASA is just looking up those a

1560
01:10:48,760 --> 01:10:50,080
Speaker 2: couple for sale in the country. If you want a

1561
01:10:50,120 --> 01:10:54,040
Speaker 2: Scott in the clockland Ford Mustang ones in Invercargol nineteen

1562
01:10:54,080 --> 01:10:57,040
Speaker 2: hundred and fifty eight k so brand new one sixty nine.

1563
01:10:57,120 --> 01:11:00,840
Speaker 2: Other ones in Auckland twenty eight one hundred k still

1564
01:11:00,840 --> 01:11:05,479
Speaker 2: brand new one sixth nine. No bab that's what you're into.

1565
01:11:06,360 --> 01:11:10,120
Speaker 2: World's Best Airline, by the way, had been handed out

1566
01:11:10,160 --> 01:11:14,200
Speaker 2: this morning. This is Airline Ratings dot Com and the

1567
01:11:14,240 --> 01:11:18,800
Speaker 2: twenty five World's Best Airline Cabin Class awards, So the

1568
01:11:18,840 --> 01:11:21,800
Speaker 2: world's best first class has gone to Singapore Airlines. The

1569
01:11:21,880 --> 01:11:25,639
Speaker 2: runner up Istard Etyard don't fly here, but you can

1570
01:11:25,640 --> 01:11:27,639
Speaker 2: get them out of Australia and go into the Middle East,

1571
01:11:27,960 --> 01:11:29,880
Speaker 2: which goes back to that whole conversation we were having

1572
01:11:29,880 --> 01:11:32,000
Speaker 2: earlier on this morning about government owned airlines. I mean,

1573
01:11:32,040 --> 01:11:34,280
Speaker 2: it seems to me the best airlines in the world

1574
01:11:34,760 --> 01:11:37,240
Speaker 2: all happen to be government owned. Is that a model

1575
01:11:37,800 --> 01:11:40,960
Speaker 2: or is that just luck? So you got Ettyard, you

1576
01:11:41,080 --> 01:11:48,040
Speaker 2: got Guitar, You've got Emirates, You've got Singapore Alatarlia is

1577
01:11:48,040 --> 01:11:52,000
Speaker 2: probably an example of the opposite best business class Guitar Airlines.

1578
01:11:52,000 --> 01:11:54,000
Speaker 2: They fly here with the a Q Suite, the runner

1579
01:11:54,080 --> 01:11:56,240
Speaker 2: up in business as Cafe Pacific, the aria Is Suite,

1580
01:11:56,280 --> 01:11:58,360
Speaker 2: which is a brand new product. They fly here, but

1581
01:11:58,400 --> 01:12:00,759
Speaker 2: not with the aris Sweet. At this point, standing of Cathay,

1582
01:12:00,800 --> 01:12:03,160
Speaker 2: correct me if I'm wrong. Is they've got some fairly

1583
01:12:03,160 --> 01:12:04,960
Speaker 2: old planes coming into the country at the moment because

1584
01:12:04,960 --> 01:12:06,120
Speaker 2: we're at the bottom of the world. But you can

1585
01:12:06,120 --> 01:12:07,439
Speaker 2: still get to Hong Kong if you want to get

1586
01:12:07,439 --> 01:12:10,919
Speaker 2: to Hong Kong. But that's probably a separate subject premium

1587
01:12:10,920 --> 01:12:14,720
Speaker 2: economy emirates and quantus time for first place, which is

1588
01:12:14,760 --> 01:12:17,400
Speaker 2: then and the reason I mentioned all of this being

1589
01:12:17,400 --> 01:12:21,519
Speaker 2: a patriot. The world's best economy class is to be

1590
01:12:21,600 --> 01:12:24,760
Speaker 2: found in Korean Air, which also flies here. And the

1591
01:12:24,840 --> 01:12:28,720
Speaker 2: runner up is the mighty New Zealand. So another day,

1592
01:12:28,800 --> 01:12:31,240
Speaker 2: another reward. So good on them. By the way, I

1593
01:12:31,280 --> 01:12:33,200
Speaker 2: didn't have time to raise it with the Prime Minister,

1594
01:12:33,240 --> 01:12:35,720
Speaker 2: but the word is that they're looking to increase. They

1595
01:12:35,800 --> 01:12:39,080
Speaker 2: used to call it EQC. Now they call it something

1596
01:12:39,120 --> 01:12:42,599
Speaker 2: weird like the National Hazard's Insurance Levy and we all

1597
01:12:42,640 --> 01:12:44,920
Speaker 2: pay for it. And this is the ability to fund

1598
01:12:45,000 --> 01:12:47,439
Speaker 2: when you know cyclones roll through the place, to pay

1599
01:12:47,479 --> 01:12:50,760
Speaker 2: the first x number of dollars increasing the amount of

1600
01:12:50,800 --> 01:12:55,799
Speaker 2: cover that the Natural Hazard's Commission provides for residential buildings

1601
01:12:55,800 --> 01:12:57,640
Speaker 2: from three hundred and forty five to four hundred and

1602
01:12:57,680 --> 01:13:00,400
Speaker 2: sixty thousand dollars including GST. So that's what they're looking

1603
01:13:00,479 --> 01:13:03,000
Speaker 2: to do the most in the proposals. This is a

1604
01:13:03,000 --> 01:13:05,439
Speaker 2: proposal at the stage. But this is my problem is

1605
01:13:05,479 --> 01:13:08,960
Speaker 2: we probably need to do it, and it's an enforced cost,

1606
01:13:09,040 --> 01:13:11,200
Speaker 2: and it's like rates and councils and stuff like that

1607
01:13:11,680 --> 01:13:13,840
Speaker 2: they're looking at four hundred bucks a year from each

1608
01:13:13,880 --> 01:13:16,200
Speaker 2: and every one of us. The problem with this is,

1609
01:13:16,240 --> 01:13:19,040
Speaker 2: of course it's inflationary. It's just yet more cost that

1610
01:13:19,120 --> 01:13:22,280
Speaker 2: comes from nowhere, and they just go, yep, well, you

1611
01:13:22,080 --> 01:13:24,120
Speaker 2: can pay four hundred dollars more than most of the

1612
01:13:24,120 --> 01:13:26,160
Speaker 2: proposals are looking at a nine hundred and forty eight

1613
01:13:26,160 --> 01:13:29,840
Speaker 2: dollars a year, seventy two percent more than the current maximum.

1614
01:13:30,080 --> 01:13:33,320
Speaker 2: So that's a big increase. Our cabinet's expected to decide

1615
01:13:33,320 --> 01:13:38,559
Speaker 2: on the sometime around July. It's underfunded the NHC. There's

1616
01:13:38,560 --> 01:13:42,320
Speaker 2: only a thirty seven percent chance it's levy will meet

1617
01:13:42,479 --> 01:13:44,640
Speaker 2: the costs over the next five years. So they're like

1618
01:13:44,680 --> 01:13:48,200
Speaker 2: acc they don't have enough money. It must cover the

1619
01:13:48,240 --> 01:13:51,280
Speaker 2: first two point one billion in claims before they get

1620
01:13:51,320 --> 01:13:54,160
Speaker 2: the reinsurance cover at eight point two billion. So in

1621
01:13:54,200 --> 01:13:57,280
Speaker 2: other words, of something major hit then they don't have

1622
01:13:57,360 --> 01:14:00,439
Speaker 2: the dough to cover it. They only have five hundred

1623
01:14:00,439 --> 01:14:02,040
Speaker 2: and fifty million dollars and the kitty at the moment,

1624
01:14:02,080 --> 01:14:04,920
Speaker 2: so they need to have two point one They've got

1625
01:14:04,920 --> 01:14:06,960
Speaker 2: five hundred and fifty million. So the difference is you

1626
01:14:07,040 --> 01:14:09,719
Speaker 2: and I'm stumping up something like four hundred odd dollars,

1627
01:14:10,880 --> 01:14:13,920
Speaker 2: so stand by for that particular cost of living thrill

1628
01:14:14,600 --> 01:14:16,320
Speaker 2: sometime in the middle of the year, right, So we'll

1629
01:14:16,320 --> 01:14:18,960
Speaker 2: go to UK and just a moment, Rod Little the

1630
01:14:19,320 --> 01:14:22,599
Speaker 2: MP who came out of a shop unfortunately got caught on.

1631
01:14:22,680 --> 01:14:25,639
Speaker 2: You see, this is a sackable offense. The MP comes

1632
01:14:25,640 --> 01:14:28,080
Speaker 2: out of a shop, gets into a dispute with a

1633
01:14:28,200 --> 01:14:32,559
Speaker 2: constituent and dexam smakes them in the head and Dexam right,

1634
01:14:33,840 --> 01:14:36,639
Speaker 2: not really, Andrew Bailey, is it so? And he's ended

1635
01:14:36,720 --> 01:14:39,559
Speaker 2: up going to jail today? So yes, sacked, Yes he

1636
01:14:39,640 --> 01:14:41,920
Speaker 2: got suspended, and yes he's going to jail. So we'll

1637
01:14:41,920 --> 01:14:43,840
Speaker 2: get all the details on That was right after the news,

1638
01:14:43,840 --> 01:14:45,320
Speaker 2: which is next News, Talk.

1639
01:14:46,120 --> 01:14:56,719
Speaker 21: Time Westing You there alone, the Breakfast Show, Kiwi's Trust

1640
01:14:56,800 --> 01:15:02,240
Speaker 21: to Stay in the Now, the Mike Hosking Breakfast with Vida, Retirement, Communities,

1641
01:15:02,520 --> 01:15:04,920
Speaker 21: Life Your Way News, togs Head b Mike.

1642
01:15:04,800 --> 01:15:07,679
Speaker 2: My Son from Wellington. There's a NASCAR design engineer living

1643
01:15:07,760 --> 01:15:11,120
Speaker 2: in Charlotte, friends with Shane and Scott got me nine

1644
01:15:11,240 --> 01:15:14,000
Speaker 2: laps around Charlotte Speedway last year in a NASCAR Cup

1645
01:15:14,080 --> 01:15:16,600
Speaker 2: car retired driver of kit How incredible is that? I?

1646
01:15:17,080 --> 01:15:19,160
Speaker 2: Mike flew to Hong Kong recently with Cathay on the

1647
01:15:19,240 --> 01:15:23,000
Speaker 2: A three fifty from Auckland Business class. Absolutely superb service,

1648
01:15:23,040 --> 01:15:25,320
Speaker 2: really good cabin. Please to hear it, Mike here, New

1649
01:15:25,400 --> 01:15:28,400
Speaker 2: Zealand premium economy is three point seven six eight times

1650
01:15:28,479 --> 01:15:31,360
Speaker 2: better than Emirates. Will glad you're a happy customer. Twenty

1651
01:15:31,400 --> 01:15:32,960
Speaker 2: three to nine paskimes.

1652
01:15:33,120 --> 01:15:33,240
Speaker 11: Right.

1653
01:15:33,400 --> 01:15:35,800
Speaker 2: Let's go to Britain now and Rod Little's with us. Roderick,

1654
01:15:35,920 --> 01:15:36,600
Speaker 2: very good morning to you.

1655
01:15:37,640 --> 01:15:38,479
Speaker 13: Football in meat.

1656
01:15:38,640 --> 01:15:40,320
Speaker 2: So when you come out of a place and you

1657
01:15:40,400 --> 01:15:44,160
Speaker 2: get caught on CCTV and you're an MP and you

1658
01:15:44,479 --> 01:15:47,000
Speaker 2: whack someone about it, but that tends not to go

1659
01:15:47,120 --> 01:15:52,000
Speaker 2: well for you, as Mike can probably explain, Yes, I.

1660
01:15:52,080 --> 01:15:55,080
Speaker 13: Think that's exactly right. And I think basically Mike Cadsbury

1661
01:15:55,160 --> 01:15:58,280
Speaker 13: is a labor MP for runcorn is over. There is

1662
01:15:58,360 --> 01:16:02,280
Speaker 13: no more. Mike Cavensbury is the guy because he didn't

1663
01:16:02,360 --> 01:16:06,439
Speaker 13: just punch someone. He punched someone. They continued punching them

1664
01:16:06,680 --> 01:16:10,000
Speaker 13: when they were lying on the ground and unfortunately say

1665
01:16:10,120 --> 01:16:13,320
Speaker 13: it was all called on CCTV. He was suspended by

1666
01:16:13,360 --> 01:16:16,120
Speaker 13: the labor parties. Now come before a court and they've

1667
01:16:16,200 --> 01:16:18,880
Speaker 13: decided that he should go to prison for ten weeks

1668
01:16:20,040 --> 01:16:23,200
Speaker 13: and that is more than enough, more than ample to

1669
01:16:23,479 --> 01:16:26,720
Speaker 13: ensure that, whether he wanted to or not, there will

1670
01:16:26,800 --> 01:16:31,120
Speaker 13: be a challenge to his authority as an MP. And

1671
01:16:31,320 --> 01:16:36,599
Speaker 13: that means, through a various, typically British complex, elaborate process,

1672
01:16:37,000 --> 01:16:42,640
Speaker 13: there will soon be a referendum. Okay, And so did

1673
01:16:42,720 --> 01:16:45,559
Speaker 13: I say referendum elections by election?

1674
01:16:45,760 --> 01:16:48,599
Speaker 2: By election? It was he did he have formed by

1675
01:16:48,640 --> 01:16:50,160
Speaker 2: the way, I'm sure I asked you this at the

1676
01:16:50,200 --> 01:16:52,120
Speaker 2: time when it happened. But did he have formas or

1677
01:16:52,160 --> 01:16:53,040
Speaker 2: has to come out of the blow?

1678
01:16:54,200 --> 01:16:58,439
Speaker 13: It's got fought for certain belliterents he's got, but nothing

1679
01:16:58,520 --> 01:17:01,599
Speaker 13: really and we didn't really know him. He's the MP

1680
01:17:01,960 --> 01:17:06,320
Speaker 13: for a constituency in the north of the country, run Corn,

1681
01:17:07,000 --> 01:17:10,720
Speaker 13: but which is nonetheless quite posh. So it's always been

1682
01:17:10,800 --> 01:17:16,519
Speaker 13: a fairly keystone constituency switching from one to another. And

1683
01:17:16,920 --> 01:17:19,680
Speaker 13: if the last election and reform came second, and I

1684
01:17:19,760 --> 01:17:22,160
Speaker 13: don't think there's much doubt at all that, you know,

1685
01:17:22,360 --> 01:17:24,960
Speaker 13: if the election came up within the next you know,

1686
01:17:25,479 --> 01:17:28,479
Speaker 13: three or four months, the reform would walk home, which

1687
01:17:28,560 --> 01:17:33,800
Speaker 13: is which is a problem. Firsu Kastama, Mike Gamesbury. I

1688
01:17:33,920 --> 01:17:37,439
Speaker 13: mean he looked a broken man in court, head in

1689
01:17:37,520 --> 01:17:41,840
Speaker 13: his hands, you know, and I felt some sympathy for him,

1690
01:17:41,880 --> 01:17:45,800
Speaker 13: to be honest, but the footage of him was so

1691
01:17:46,120 --> 01:17:49,839
Speaker 13: convincing that there was nothing to challenge. He had literally

1692
01:17:49,960 --> 01:17:51,559
Speaker 13: nothing to say apart from.

1693
01:17:51,439 --> 01:17:54,439
Speaker 2: Sorry, okay south Port. The inquiry where are we at?

1694
01:17:54,479 --> 01:17:55,080
Speaker 2: What's the latest?

1695
01:17:56,439 --> 01:18:00,479
Speaker 13: Well, the latest is that is that one of the

1696
01:18:00,920 --> 01:18:06,280
Speaker 13: charts with overseeing our counter terrorism operation believes that, indeed

1697
01:18:06,640 --> 01:18:11,439
Speaker 13: has been said, there was far too little information given

1698
01:18:11,479 --> 01:18:15,600
Speaker 13: out about the attacker. When ministers and the police and

1699
01:18:15,720 --> 01:18:19,439
Speaker 13: the prosecuting authorities all knew he had stacks of rising

1700
01:18:20,160 --> 01:18:25,080
Speaker 13: or knew that he knew his name, knew his background,

1701
01:18:25,280 --> 01:18:28,400
Speaker 13: knew his previous and none of this was put out

1702
01:18:28,439 --> 01:18:33,839
Speaker 13: to the public deliberately. And the suggestion is that because

1703
01:18:33,880 --> 01:18:36,360
Speaker 13: of that we had those riots in the summer, because

1704
01:18:36,400 --> 01:18:39,799
Speaker 13: people thought that they were that information was being withheld

1705
01:18:39,880 --> 01:18:44,040
Speaker 13: from them. Now as it happens, I find it hard

1706
01:18:44,120 --> 01:18:47,240
Speaker 13: to class that Southpoort attack as a terrorist attack. It

1707
01:18:47,320 --> 01:18:52,559
Speaker 13: was a lunatics attack basically, but nonetheless it led an

1708
01:18:52,560 --> 01:18:55,120
Speaker 13: awful lot of people to believe that is what was happening.

1709
01:18:55,479 --> 01:18:58,160
Speaker 13: And the reason they thought that is because once again

1710
01:18:59,040 --> 01:19:02,720
Speaker 13: seeing the guy was black and have Gadi material on him,

1711
01:19:03,080 --> 01:19:05,400
Speaker 13: decided not to tell anybody about it in case he's

1712
01:19:05,439 --> 01:19:08,360
Speaker 13: upset them, or what upset them even more was not

1713
01:19:08,520 --> 01:19:12,080
Speaker 13: being given the information. And it's a salutary lesson for

1714
01:19:12,360 --> 01:19:12,960
Speaker 13: the next time.

1715
01:19:13,120 --> 01:19:16,080
Speaker 2: You know, do correct me if I'm wrong. But from

1716
01:19:16,120 --> 01:19:18,519
Speaker 2: my fine, we've just been following Macron, who's been at

1717
01:19:18,560 --> 01:19:20,360
Speaker 2: the been at the White House and talked with the

1718
01:19:20,760 --> 01:19:23,679
Speaker 2: new president, and it seems to me so Keia. While

1719
01:19:23,760 --> 01:19:26,120
Speaker 2: this whole meeting in Kiev has been going on, ke

1720
01:19:26,320 --> 01:19:28,880
Speaker 2: has been in India trying to restart some trade talks.

1721
01:19:29,200 --> 01:19:31,240
Speaker 2: Is he in India Honor's way to Washington.

1722
01:19:32,400 --> 01:19:34,519
Speaker 13: Yes, he's meant to be on his way to Washington.

1723
01:19:34,880 --> 01:19:38,000
Speaker 13: He's Sakia is far better going around the world that

1724
01:19:38,080 --> 01:19:40,320
Speaker 13: he is when he's in London, believes me, and we're

1725
01:19:40,320 --> 01:19:43,479
Speaker 13: all very happy for him to be there. He is

1726
01:19:43,640 --> 01:19:46,639
Speaker 13: in India at the moment. There are important trade talks.

1727
01:19:47,040 --> 01:19:50,200
Speaker 13: There's also the various important agreements we have on defense

1728
01:19:50,320 --> 01:19:55,320
Speaker 13: with India, which will suddenly become much more acute and

1729
01:19:55,520 --> 01:19:58,640
Speaker 13: hed the deals we have with you in Australia on

1730
01:19:59,479 --> 01:20:03,800
Speaker 13: defense given the current rift with the US. But yes,

1731
01:20:03,880 --> 01:20:07,360
Speaker 13: he is supposed to be going to Washington following Macron,

1732
01:20:08,520 --> 01:20:12,560
Speaker 13: and his job there is to somehow act as a

1733
01:20:12,680 --> 01:20:16,360
Speaker 13: kind of intermediary between the European Union and the USA.

1734
01:20:17,160 --> 01:20:20,560
Speaker 2: Okay, and so his whole house. What's the anticipation of

1735
01:20:20,640 --> 01:20:23,320
Speaker 2: his whole boots on the ground peacekeeping force along with

1736
01:20:23,400 --> 01:20:26,160
Speaker 2: the US back up thing, what's the anticipation that's going

1737
01:20:26,240 --> 01:20:26,400
Speaker 2: to go?

1738
01:20:26,479 --> 01:20:31,679
Speaker 13: Well? Well? I don't think. I don't. I think he's

1739
01:20:31,760 --> 01:20:35,040
Speaker 13: played his hand really well. I have to say, as

1740
01:20:35,120 --> 01:20:38,400
Speaker 13: someone who hasn't admired him as a prime minister particularly,

1741
01:20:38,840 --> 01:20:42,840
Speaker 13: I think in this particular juncture, he has kind of

1742
01:20:42,920 --> 01:20:48,360
Speaker 13: walked the taut rope between neither offending the Europeans and Ukraine,

1743
01:20:48,520 --> 01:20:53,360
Speaker 13: nor indeed offending America too much. The more he does that,

1744
01:20:54,080 --> 01:21:01,120
Speaker 13: the more he is a diplomat, complements Trump and perhaps

1745
01:21:01,200 --> 01:21:05,120
Speaker 13: suggests the second way the greatest success he will have.

1746
01:21:05,600 --> 01:21:09,160
Speaker 13: And it wouldn't surprise me to see Starmer emerge from

1747
01:21:09,200 --> 01:21:12,720
Speaker 13: all this in a slightly better light, because I think

1748
01:21:12,800 --> 01:21:17,080
Speaker 13: this is where he is a far better politician. He's

1749
01:21:17,320 --> 01:21:21,040
Speaker 13: awful at home, he carries nothing to the domestic audience.

1750
01:21:22,000 --> 01:21:27,680
Speaker 13: He's thought of his robotic and untruthful and you know,

1751
01:21:27,800 --> 01:21:30,439
Speaker 13: this hasn't been a good first six months at all,

1752
01:21:31,080 --> 01:21:33,960
Speaker 13: whereas when he's been abroad he has handled himself with

1753
01:21:34,040 --> 01:21:34,640
Speaker 13: a degree of.

1754
01:21:37,560 --> 01:21:41,840
Speaker 2: Skill and adroitness, saying that Rod, does that translate? In

1755
01:21:41,920 --> 01:21:44,280
Speaker 2: other words, if you do well on the international stage,

1756
01:21:44,640 --> 01:21:47,960
Speaker 2: does it translate back domestically? Going there someone to be

1757
01:21:48,080 --> 01:21:49,479
Speaker 2: proud of in the British quite like that.

1758
01:21:50,800 --> 01:21:54,800
Speaker 13: It can do. It certainly did at various times for Blair.

1759
01:21:55,520 --> 01:21:59,280
Speaker 13: It certainly did for Gordon Brown during the financial crash,

1760
01:22:00,280 --> 01:22:03,760
Speaker 13: when Gordon Brown didn't say it himself, was able to

1761
01:22:03,840 --> 01:22:08,000
Speaker 13: suggest that he'd saved the entire world, which was perhaps

1762
01:22:08,040 --> 01:22:11,240
Speaker 13: stretched it, but he did did do very well. And

1763
01:22:11,360 --> 01:22:15,559
Speaker 13: of course there is no question that catches dovestic politics

1764
01:22:15,680 --> 01:22:19,639
Speaker 13: deeply unpopular, such as foreign policy hugely popular.

1765
01:22:20,080 --> 01:22:22,160
Speaker 2: Always going to catch up with you talk on Thursday.

1766
01:22:22,160 --> 01:22:23,800
Speaker 2: Appreciate it very much. Right a little out of Britain.

1767
01:22:23,800 --> 01:22:26,839
Speaker 2: By the way, the finances for January were in surplus,

1768
01:22:26,880 --> 01:22:29,240
Speaker 2: to highest level for the month since records began. So

1769
01:22:29,360 --> 01:22:31,360
Speaker 2: suddenly you think, oh my god, the British economy is

1770
01:22:31,400 --> 01:22:34,040
Speaker 2: coming right, and until you hear this morning's news, which

1771
01:22:34,120 --> 01:22:36,200
Speaker 2: is thirty five stores are going to be closed within

1772
01:22:36,320 --> 01:22:39,720
Speaker 2: days a major fashion retailer, almost tripled the amount of

1773
01:22:39,720 --> 01:22:42,519
Speaker 2: stores originally earmarked the closure. This is Select Fashion, they're

1774
01:22:42,560 --> 01:22:44,240
Speaker 2: the fast Fashion a lot. They were going to close

1775
01:22:44,280 --> 01:22:48,280
Speaker 2: twelve they're now closing thirty five. So good news and

1776
01:22:48,400 --> 01:22:50,360
Speaker 2: bad news on the economy. It's sixteen to.

1777
01:22:50,479 --> 01:22:54,840
Speaker 3: Nine International correspondence with Ends and Eye Insurance, Peace of

1778
01:22:54,920 --> 01:23:02,479
Speaker 3: mind for New Zealand business. The High Asking Breakfast Full

1779
01:23:02,600 --> 01:23:04,720
Speaker 3: Show podcast on iHeartRadio.

1780
01:23:04,960 --> 01:23:06,280
Speaker 1: Coward By News talks at b.

1781
01:23:07,920 --> 01:23:10,680
Speaker 2: For Ali Britain. He made starmer an announcement the other

1782
01:23:10,720 --> 01:23:13,960
Speaker 2: day four hundred million dollars to a place called Grangemouth.

1783
01:23:14,000 --> 01:23:16,080
Speaker 2: The reason I'm telling you this, it's is an oil refinery.

1784
01:23:16,120 --> 01:23:18,559
Speaker 2: Patronis walked away and they were going to close everything down.

1785
01:23:18,600 --> 01:23:21,920
Speaker 2: This is in Scotland. Scotland threw some money at it

1786
01:23:22,000 --> 01:23:25,000
Speaker 2: as well last week and they asked the UK government

1787
01:23:25,000 --> 01:23:28,000
Speaker 2: to get involved, which they did so. It's a refinery

1788
01:23:28,280 --> 01:23:30,920
Speaker 2: that was basically they were going to keep sixty five jobs,

1789
01:23:31,000 --> 01:23:32,600
Speaker 2: but about five hundred we're going to go. There are

1790
01:23:32,640 --> 01:23:34,720
Speaker 2: two thousand people directly employed at the site. This is

1791
01:23:34,760 --> 01:23:38,200
Speaker 2: Wayla in South Australia all over again. It's the Marsden

1792
01:23:38,280 --> 01:23:41,120
Speaker 2: Point here. It's it's do your back, you know, do

1793
01:23:41,240 --> 01:23:45,240
Speaker 2: you back the local area? Do you invest in fossil fuels?

1794
01:23:45,600 --> 01:23:49,160
Speaker 2: Do you you know, suddenly save and it sort of

1795
01:23:49,240 --> 01:23:52,040
Speaker 2: goes and I suppose dovetails into this kind of conversation

1796
01:23:52,120 --> 01:23:55,240
Speaker 2: we're having around asset sales. You know, once it's gone

1797
01:23:55,360 --> 01:23:57,599
Speaker 2: and sold and the person who bought it, the guy

1798
01:23:57,640 --> 01:23:59,760
Speaker 2: who owns the place in Wales's guy called Gupta. He's

1799
01:23:59,760 --> 01:24:01,479
Speaker 2: a biti AI out of Britain. Not that he cares.

1800
01:24:01,920 --> 01:24:03,800
Speaker 2: Whole thing's gone, you know what, and the government's got

1801
01:24:03,880 --> 01:24:06,160
Speaker 2: to come in and bail it. And the same appears

1802
01:24:06,160 --> 01:24:09,200
Speaker 2: to be the case in Grangemouth, So small town. Two

1803
01:24:09,240 --> 01:24:12,200
Speaker 2: thousand people directly employed at the site, five hundred at

1804
01:24:12,200 --> 01:24:14,519
Speaker 2: the refinery, four hundred and fifty at the forties pipeline

1805
01:24:14,560 --> 01:24:17,560
Speaker 2: in the North Sea, in another thousand at a petrochemical

1806
01:24:17,600 --> 01:24:21,439
Speaker 2: business Anios petrochemical business Inyos. There's a name, so one

1807
01:24:21,479 --> 01:24:24,439
Speaker 2: point five million dollar report one and a half million

1808
01:24:24,479 --> 01:24:28,519
Speaker 2: dollars for a report into the feasibility becoming a low

1809
01:24:28,560 --> 01:24:31,000
Speaker 2: carbon energy hub known as Project Willow. So they're all

1810
01:24:31,040 --> 01:24:33,040
Speaker 2: a bit trendy and cool. Let's do it. Let's toss

1811
01:24:33,120 --> 01:24:36,679
Speaker 2: four hundred million dollars into it. So the government increasingly

1812
01:24:36,720 --> 01:24:38,320
Speaker 2: all over the world appears to be in the business

1813
01:24:38,439 --> 01:24:42,040
Speaker 2: of saving stuff that got sold off to somebody else

1814
01:24:42,120 --> 01:24:44,800
Speaker 2: and then it went pear shaped, and the tax bar

1815
01:24:44,840 --> 01:24:47,200
Speaker 2: has got to come back. And that's so My conclusion

1816
01:24:47,360 --> 01:24:49,760
Speaker 2: is from the interview if you missed it earlier on

1817
01:24:49,840 --> 01:24:52,560
Speaker 2: this morning for the New Zealand initiative. Greggsmith started it

1818
01:24:52,680 --> 01:24:55,080
Speaker 2: over the weekend. I think David Seymour of the act

1819
01:24:55,160 --> 01:24:58,320
Speaker 2: parties involved in it as well. This general idea that

1820
01:24:58,479 --> 01:24:59,840
Speaker 2: we might in the next year be having it a

1821
01:25:00,000 --> 01:25:04,360
Speaker 2: cushion around asset sales. My gut says New Zealand is

1822
01:25:04,439 --> 01:25:07,880
Speaker 2: over it, and in some senses it makes sense. In

1823
01:25:07,960 --> 01:25:10,400
Speaker 2: others it doesn't. But we've been there, we've done that,

1824
01:25:11,320 --> 01:25:15,160
Speaker 2: and the antis have got enough weaponry or evidence to

1825
01:25:15,200 --> 01:25:17,560
Speaker 2: be able to go just have a look at some

1826
01:25:17,680 --> 01:25:20,240
Speaker 2: of the stuff that went pear shaped. We don't want

1827
01:25:20,240 --> 01:25:22,599
Speaker 2: to go there. There's no guarantee we won't go there again.

1828
01:25:22,720 --> 01:25:25,920
Speaker 2: So I think there's no political mileage in advancing the course.

1829
01:25:26,000 --> 01:25:27,679
Speaker 2: Maybe wrong, but let's see how it unfolds.

1830
01:25:27,840 --> 01:25:31,519
Speaker 1: Ten to nine, The Mike Hosking Breakfast with the Range

1831
01:25:31,600 --> 01:25:33,840
Speaker 1: Rover Villa News TOGSADB Mike.

1832
01:25:33,760 --> 01:25:36,800
Speaker 2: Sounds like New Zealand Railer's exactly if you if you're

1833
01:25:36,880 --> 01:25:40,040
Speaker 2: an anti asset sales person that you post a child

1834
01:25:40,240 --> 01:25:42,800
Speaker 2: simple as a Michael Hill. Now he's a very good

1835
01:25:42,840 --> 01:25:47,280
Speaker 2: insight into how buggered the New Zealand economy has been.

1836
01:25:47,880 --> 01:25:52,120
Speaker 2: Michael Hill International reported yesterday as part of the reporting

1837
01:25:52,240 --> 01:25:55,400
Speaker 2: season down overall a smitch zero point seven percent. That

1838
01:25:55,439 --> 01:25:57,160
Speaker 2: won't be happy with it, but nevertheless, it's not the

1839
01:25:57,240 --> 01:26:00,679
Speaker 2: end of the world. The group's New Zealand still posted

1840
01:26:00,880 --> 01:26:05,040
Speaker 2: a seven point four percent four So just think about

1841
01:26:05,080 --> 01:26:08,240
Speaker 2: that internationally as a company zero point seven down, but

1842
01:26:08,400 --> 01:26:11,760
Speaker 2: in New Zealand seven point four percent. That's major. So

1843
01:26:11,880 --> 01:26:13,840
Speaker 2: you think to yourself, well, hang on, where else have

1844
01:26:13,920 --> 01:26:16,639
Speaker 2: they done? Okay, well, let's look to Australia. They went

1845
01:26:16,720 --> 01:26:19,479
Speaker 2: up in Australia. They made more sales in Australia, indicating

1846
01:26:19,520 --> 01:26:22,960
Speaker 2: perhaps the New Zealand Australian economy might be slightly more

1847
01:26:23,080 --> 01:26:26,640
Speaker 2: robust than the New Zealand economy. Then Canada, they went

1848
01:26:26,680 --> 01:26:29,479
Speaker 2: through the roof. In Canada, they're selling jewelry light. There's

1849
01:26:29,520 --> 01:26:32,120
Speaker 2: been no tomorrow, So in Canada they're doing well. In

1850
01:26:32,200 --> 01:26:35,599
Speaker 2: Australia they're doing moderately well. In New Zealand, they're going backwards.

1851
01:26:36,120 --> 01:26:39,400
Speaker 2: So there's a very good snapshot of a player that's

1852
01:26:39,479 --> 01:26:44,200
Speaker 2: in three separate economies with three reasonably different results, one

1853
01:26:44,280 --> 01:26:50,479
Speaker 2: really good, one quite good, and one completely backwards. Let's

1854
01:26:50,520 --> 01:26:52,519
Speaker 2: hope the green shoots that we start to see at

1855
01:26:52,560 --> 01:26:54,680
Speaker 2: the moment of turning six minutes are or growing six

1856
01:26:54,720 --> 01:26:55,959
Speaker 2: minutes away from nine.

1857
01:26:56,200 --> 01:27:00,559
Speaker 1: Trending now with Chemist Warehouse the Real House Fighter.

1858
01:27:00,880 --> 01:27:04,839
Speaker 2: A green shoot can't turn Kenna, it just grows. Awards

1859
01:27:04,840 --> 01:27:08,639
Speaker 2: season SAgs yesterday, everyone commenting about how then everybody looks

1860
01:27:09,840 --> 01:27:11,360
Speaker 2: it's what they're doing at the moment. That's how that

1861
01:27:11,840 --> 01:27:14,439
Speaker 2: entertainment system works. Everyone goes, oh, they're looking Sathe and

1862
01:27:14,560 --> 01:27:17,599
Speaker 2: how did they get sath? And incredibly thin, so amazingly thin.

1863
01:27:17,760 --> 01:27:20,200
Speaker 2: What I did note with interest was Demi Moore was

1864
01:27:20,240 --> 01:27:23,799
Speaker 2: in Sydney over the weekend and yet in Los Angeles yesterday.

1865
01:27:23,880 --> 01:27:25,360
Speaker 2: Now I know it doesn't take that long. It doesn't

1866
01:27:25,360 --> 01:27:27,519
Speaker 2: take days to get there anymore unless you're flying the

1867
01:27:27,560 --> 01:27:29,680
Speaker 2: seven five seven with their New Zealand with the Air

1868
01:27:29,720 --> 01:27:34,160
Speaker 2: Force fourteen hours is taking Luxon fourteen hours to fly

1869
01:27:34,280 --> 01:27:36,479
Speaker 2: to Vietnam. You can do it commercially. For about nine

1870
01:27:36,680 --> 01:27:39,640
Speaker 2: maybe nine and a half. He's flying to Darwin, at

1871
01:27:39,680 --> 01:27:41,519
Speaker 2: which point they go to the BP and they fill

1872
01:27:41,560 --> 01:27:44,639
Speaker 2: it back up, check for parts, and then he flies

1873
01:27:44,720 --> 01:27:47,679
Speaker 2: on and from Darwin and you're right way up there.

1874
01:27:48,400 --> 01:27:50,280
Speaker 2: It takes another seven and a half to get to Vietnam.

1875
01:27:50,600 --> 01:27:52,519
Speaker 2: It's incredible. Anyway, where was I?

1876
01:27:52,640 --> 01:27:52,760
Speaker 3: Ah?

1877
01:27:52,840 --> 01:27:58,160
Speaker 2: Yes, the SAG Awards chamalat best for Bob Dylan. Adrian

1878
01:27:58,280 --> 01:28:01,120
Speaker 2: Brody has won everything till now. So you know interesting.

1879
01:28:01,520 --> 01:28:04,920
Speaker 2: Demi Moore in that very unusual movie that somebody told

1880
01:28:04,960 --> 01:28:07,400
Speaker 2: me not to watch because it's too preaky, ghoulish and weird.

1881
01:28:07,920 --> 01:28:13,000
Speaker 2: What's that called Kenny Substance Substance Conclave one, and that's

1882
01:28:13,240 --> 01:28:17,960
Speaker 2: becoming increasingly relevant. Jane Fonda, who apparently looked dazed. They

1883
01:28:18,000 --> 01:28:21,080
Speaker 2: couldn't work out what was wrong with her. She picked

1884
01:28:21,120 --> 01:28:24,280
Speaker 2: up a Lifetime Achievement award and she was set to go.

1885
01:28:24,680 --> 01:28:28,080
Speaker 12: Make no mistake, empathy is not weak or woke, And

1886
01:28:28,240 --> 01:28:30,160
Speaker 12: by the way, woke just means you give a damn

1887
01:28:30,200 --> 01:28:36,760
Speaker 12: about other people. Back to empathy, A whole lot of

1888
01:28:36,920 --> 01:28:40,880
Speaker 12: people are going to be really hurt by what is

1889
01:28:41,000 --> 01:28:44,360
Speaker 12: happening what is coming our way, And even if they're

1890
01:28:44,520 --> 01:28:48,280
Speaker 12: of a different political persuasion, we need to call upon

1891
01:28:48,400 --> 01:28:53,519
Speaker 12: our empathy and not judge, but listen from our hearts

1892
01:28:55,000 --> 01:28:58,680
Speaker 12: and welcome them into our tent, because we are going

1893
01:28:58,760 --> 01:29:02,759
Speaker 12: to need a big out to resist successfully what's coming

1894
01:29:02,840 --> 01:29:07,920
Speaker 12: at us. This is big time serious, folks, So let's

1895
01:29:08,000 --> 01:29:08,760
Speaker 12: be brave.

1896
01:29:10,360 --> 01:29:11,439
Speaker 2: What's coming at us.

1897
01:29:13,720 --> 01:29:17,240
Speaker 14: She was basically alluding to the current political climate.

1898
01:29:17,320 --> 01:29:19,320
Speaker 2: I think think was she going to get an email

1899
01:29:19,360 --> 01:29:22,280
Speaker 2: from you the name five things she'd done this week?

1900
01:29:22,439 --> 01:29:25,559
Speaker 14: Well, she's comparing it to the era of McCarthyism, when

1901
01:29:25,680 --> 01:29:28,479
Speaker 14: she of course saw firsthand, because she's been around.

1902
01:29:28,280 --> 01:29:30,120
Speaker 2: For a while, very much so. She has weird her

1903
01:29:30,160 --> 01:29:31,479
Speaker 2: on the program a couple of years ago. She was

1904
01:29:31,479 --> 01:29:35,600
Speaker 2: pleasant enough, wasn't she like a woman? I wish I

1905
01:29:35,640 --> 01:29:37,600
Speaker 2: could stay for another couple of hours, but apparently the

1906
01:29:37,800 --> 01:29:41,719
Speaker 2: rules prevent it. Back tomorrow morning from six as always

1907
01:29:46,479 --> 01:29:49,360
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1908
01:29:49,479 --> 01:29:52,559
Speaker 1: news talks it'd be from six am weekdays, or follow

1909
01:29:52,600 --> 01:29:54,120
Speaker 1: the podcast on iHeartRadio.