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Speaker 1: New Zealand's voice of reasom is Mike the MYC Hosking

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Speaker 1: Breakfast with Bailey's Real Estate, your local experts across residential,

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Speaker 1: commercial and rural news togs Head been.

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Speaker 2: Then and welcome today the tariffs of the market blood

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Speaker 2: bath that's followed the trade ministers in and we sought

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Speaker 2: out that twenty v ten tariff for US overnight. Peter

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Speaker 2: Windsor former Williams f one team manager on the weekend

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Speaker 2: hit for Liam and Japan Fill got back home and

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Speaker 2: post sacking of course, and for a work Tim Katy,

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Speaker 2: you do the week which to Donold straight side Murray

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Speaker 2: Olds on the Australian campaign trail PASKI all rightay morning,

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Speaker 2: we're into its seven past six. To tell you what

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Speaker 2: the irony was not lost on me this week as

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Speaker 2: a couple of things job related happened. One the survey

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Speaker 2: that suggested over half of us regret our career choice.

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Speaker 2: That struck me as profoundly sad. Say whenever you want

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Speaker 2: about work and work life balance, but a lot of

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Speaker 2: ours are spent in a lifetime crafting. Virtually everyone at

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Speaker 2: least at the start has to work. I mean everyone,

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Speaker 2: of course should work because it's good for you, but

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Speaker 2: to have a lifetime of regret, to have not really

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Speaker 2: lived at all, or at least not fill your full potential.

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Speaker 2: Juxtaposing that was the surprise to me anyway, that I'd

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Speaker 2: been here at ZB for twenty five years. A smaller

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Speaker 2: surprise was on the same day, April one, Irony Morning

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Speaker 2: Report at Radio New Zealand was marking fifty years. I

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Speaker 2: spent a short stint at Morning Report immoderately, although ultimately

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Speaker 2: I think successful circumstances without word of a lie, I

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Speaker 2: have loved every day of every week of every month,

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Speaker 2: every year, not just at z B, but the forty

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Speaker 2: four years I've been in this game. Of course, I've

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Speaker 2: had bad days, had bad employers, I had ropew times,

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Speaker 2: have been sacked twice by morons. But I never regretted

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Speaker 2: picking what I do, which is a small miracle given

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Speaker 2: I've never really been able to tell anyone with any

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Speaker 2: clarity why I picked this game in the first place,

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Speaker 2: other than it seemed appealing. I had no mentors or

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Speaker 2: people I knew in the media. As a kid, I

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Speaker 2: listened to the radio, thought that sounds fun. As it

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Speaker 2: turns out, I was right. Other small saviors been. In fact,

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Speaker 2: not only didn't I regret it, it worked out moderately

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Speaker 2: well in terms of gainful employment, because at no stage

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Speaker 2: in the past four decades have I been able to

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Speaker 2: conjure up an alternative. I literally cannot think of anything

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Speaker 2: else I would want to do. I would like to think, though,

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Speaker 2: and this goes to the survey that if it hadn't

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Speaker 2: gone well or I did regret it, I would have

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Speaker 2: done something about it. Because life's big lesson is life

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Speaker 2: is short and if you aren't rolling with it, you're

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Speaker 2: fighting it, and that's no fun and it wears you out.

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Speaker 1: Who used of the world in ninety seconds?

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Speaker 2: Right, Welcome to the Mount Dewn. We'll do the markets

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Speaker 2: with Andrews shortly. But reactions coming from everywhere in the UK.

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Speaker 2: They see what it will mean for all.

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Speaker 3: Weight of tariffs would be have an impact on GDP,

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Speaker 3: but particularly if there's retaliation. So I don't think it

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Speaker 3: helps us to do the retaliation and maximize the impact

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Speaker 3: on our GDP.

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Speaker 4: American c for what it is seventy two percent that,

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Speaker 4: according to the latest yugo of poll, is the number

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Speaker 4: of Americans who believe this tariff's approach will drive up

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Speaker 4: prices here at home, and incredibly sixty four percent of Republicans.

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Speaker 2: German Finance Minister offers either a solution or delusion.

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Speaker 5: Both parties put in as a proposal a free trade

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Speaker 5: agreement between Meuropean Union and the United States of America

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Speaker 5: with the goal of eliminating tariffs, and that would be

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Speaker 5: the ultimate level playing field if both sides charge zero

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Speaker 5: on everything.

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Speaker 2: Plenty more throughout the morning other matters. Nitnya who's arrived

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Speaker 2: for a state visit in Hungary. Now he can do

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Speaker 2: this without being arrested because Hungary is pulled out of

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Speaker 2: the ICC. Being doesn't like the ICC.

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Speaker 6: It's important to stand up to this corrupt organization. The

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Speaker 6: ICC directs its actions against us finding a just war

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Speaker 6: with just means, and of course not against our tormentors.

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Speaker 2: We can and me and MA doesn't look good.

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Speaker 7: Over one million people have lost their homes and are

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Speaker 7: left with no food, no water, no shelter. Even before

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Speaker 7: the earthquake, there were some nineteen million people in me

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Speaker 7: Animal that were already reliant on humanitarian assistance.

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Speaker 2: And Harry you remember him, charity Tragic Stroppy Misses Anyways,

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Speaker 2: launched an investigation sort of into himself.

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Speaker 8: What has transpired over the last week has been heartbreaking

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Speaker 8: to witness, especially when such blatant lies hurt those who

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Speaker 8: have invested decades in this shared goal. No one suffers

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Speaker 8: more than the beneficiaries of Center Bell itself.

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Speaker 2: Finally, the nnual Forbes Billionaires listeners out, although give them

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Speaker 2: the markets this morning, it's probably redundant. Musk three forty

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Speaker 2: two billion, will he was yesterday? Anyway, Zuckerberg second to sixteen,

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Speaker 2: Bezos third at two fifteen means you can pay for

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Speaker 2: the wedding in Italy this summer. Larry Ellison, Bernard Aneau

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Speaker 2: and family. They make up the top five buffet sixth

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Speaker 2: at one hundred and fifty four billion, some newcomers Bruce

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Speaker 2: Springsteen Andnold Swanson and getting Jerry Seinfelder now officially, according

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Speaker 2: to Forbes Billionaires, overall, there are three thy and twenty

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Speaker 2: eight billionaires with a combined worth of sixteen point one

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Speaker 2: tree in dollars. And let as news the world in

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Speaker 2: ninety a little bit of fighting talk out of Germany.

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Speaker 2: We've got the economy minister, a guy called Robert. They

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Speaker 2: probably call them Bob anyway. He claims that Trump will

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Speaker 2: quote buckle under pressure if Europe bands together over Teriff.

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Speaker 2: So let's see where that goes. Twelve 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.

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Speaker 4: It be.

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Speaker 2: Idiot effect in the car industry stillentis their pausing production

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Speaker 2: at a couple of assembly plants, one in Canada, one

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Speaker 2: in Mexico. Nine hundred US representative employees are gone or

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Speaker 2: getting temporarily laid off, along with four and a half

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Speaker 2: thousand hourly workers at the Canadian plant. Not even the

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Speaker 2: Republican seamen to this.

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Speaker 4: Anyone who says there may be a little bit of

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Speaker 4: pain before we get things right.

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Speaker 1: They need to talk about farmers who are one crop

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Speaker 1: away from bankruptcy.

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Speaker 9: They don't have time.

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Speaker 10: I think Wisconsin will be particularly hard hit with all

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Speaker 10: the manufacturing and agricultural interests.

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Speaker 11: I would have thought they would have been.

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Speaker 2: Less dramatic, was significant and more targeted from their Republicans.

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Speaker 2: Quarter past six from JMI Wealth and Andrew Keller had

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Speaker 2: good morning, Good morning Mike to crunch us through the encounterage.

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Speaker 12: Oh boy, how long have we got this morning, Mike?

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Speaker 12: How long have we got? Look By now I suspect

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Speaker 12: most listeners will have caught up with some of the

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Speaker 12: detail around Liberation Day.

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Speaker 2: The bottom line is the tariffs were announced.

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Speaker 12: We're probably a little bit deeper than had been expected,

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Speaker 12: leaving Mike what I have characterized as a miasmic veil

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Speaker 12: of protectionist bully boy trade tactics that will now linger

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Speaker 12: and then the future will inevitably weigh on ongoing global

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Speaker 12: geopolitical relationships. I mean, President Trump announced it says Day.

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Speaker 12: He sold it as supposedly ushering a new golden age

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Speaker 12: of America, sort of channeling an economic milieu that was

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Speaker 12: last seen decades ago in the US, and he's essentially

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Speaker 12: moved the global trading environment back into very much a

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Speaker 12: protectionist mindset. So leave all that kind of rhetoric aside,

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Speaker 12: let's look at some of the facts. Look, there are

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Speaker 12: a range of tariff outcomes. These are reciprocal tariffs. They

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Speaker 12: range from the universal level of temps which has been

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Speaker 12: applied to New Zealand, through too much higher rates for

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Speaker 12: the likes of people like China and Vietnam and hardest

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Speaker 12: that were what were termed the bad actors. These are

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Speaker 12: and these nations specific tariffs are on top of the

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Speaker 12: previous announced measures, so you need to understand that. So

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Speaker 12: China has been hit with a thirty four percent tariff,

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Speaker 12: but that's on top of the previously around twenty so

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Speaker 12: you got fifty four percent import tariffs on goods from China.

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Speaker 12: Look immediately, Mike, markets have reacted well. They've given a

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Speaker 12: fairly clear message I think being sent back to the

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Speaker 12: Trump administration. The Dow Jones is down three percent the

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Speaker 12: estimatesism looking at now. Of course it could change over

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Speaker 12: the next few hours. The S and P five hundred

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Speaker 12: down three point seven six percent, and the Nasdaq down

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Speaker 12: four point nine percent. So look, they're large moves. They're

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Speaker 12: not unprecedented, but they are notable. Interesting over night, Mike,

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Speaker 12: the European markets sold off less than that. The European

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Speaker 12: what we call the stops fifty index was down three

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Speaker 12: point six percent. And I just listened to an analyst,

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Speaker 12: actually a European equity and has who said that the

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Speaker 12: European companies actually produce quite a lot of what they

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Speaker 12: sell in the US. They actually produce it actually.

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Speaker 2: In the US.

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Speaker 12: So the tariffs are going to hit them to a

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Speaker 12: lesser degree than maybe feed. So that's something to research

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Speaker 12: over the course of today US long term interest rates, Mike,

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Speaker 12: tenure bond, they're lower and yield they're heading towards four percent.

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Speaker 12: They rub as high a sort of earlier on this

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Speaker 12: year four point eight. That's because the expectation is the

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Speaker 12: US economy will slow and despite the potential lift and inflation,

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Speaker 12: we could actually see a more flexible federal reserve, so

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Speaker 12: lower FED funds rate, the US dollar is weaker. That's

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Speaker 12: on the back of growth fares. So you've seen the

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Speaker 12: New Zealand dollars higher. Look, Mike, there's still a lot

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Speaker 12: of water to go under the bridge over the next

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Speaker 12: few days. We've got to see how other people react.

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Speaker 12: If you got us job started this evening, so this

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Speaker 12: will be a moving picture, a moving tapestry of responses

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Speaker 12: over the next few days.

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Speaker 2: Indeed, we've got the Trade minister out to seven o'clock.

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Speaker 2: So where does it leave us specifically, Well, look here, Mike.

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Speaker 13: Well, first of all, the theory.

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Speaker 12: Behind the tariffs. You know, this is what I call

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Speaker 12: the evil genius theory. There is this scenario which it

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Speaker 12: actually works.

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Speaker 11: You know, production.

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Speaker 12: Surges back to the US. Companies commit to US production,

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Speaker 12: you get a surge of invest with lots of new jobs,

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Speaker 12: the inflation lifters is benign, and temporary wages go up.

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Speaker 12: In America is great again, but certainly that does seem

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Speaker 12: a little bit, a little bit of a stretch in

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Speaker 12: the short term. Now, the direct impacts for New Zealand,

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Speaker 12: they actually do seem relatively contained. So just just work

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Speaker 12: through these simple numbers. Okay, we've got roughly nine billion

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Speaker 12: dollars of annual exports.

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Speaker 11: To the US.

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Speaker 12: Now, in the worst case scenario, we have to absorb

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Speaker 12: a ten percent in point tariff. So these aren't exact.

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Speaker 12: These are just we're just sort of back of the

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Speaker 12: envelope type numbers. That's nine hundred million dollars of lost

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Speaker 12: export revenue. Now that's a big hit for the export

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Speaker 12: is obviously, but it's actually quite a small percentage of

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Speaker 12: GDP and that's worst case. Look, we do have companies

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Speaker 12: that import or that export directly to the ES, people

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Speaker 12: like Fish and Pipal Healthcare. There's price did drop on

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Speaker 12: the open yesterday quite dramatically, but subsequently recovered as sort

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Speaker 12: of analysts reworked their numbers and said, look, this might

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Speaker 12: not be as bad as we think, and I think

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Speaker 12: it actually closed up small yesterday. You've got companies like

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Speaker 12: scaleer Up, You've got delegates selling the wine that are

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Speaker 12: obviously impacted, but it's you know, maybe it's less than

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Speaker 12: might have been fared. Those are direct impacts, Mark, I

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Speaker 12: think what we probably want to talk about are the

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Speaker 12: indirect effects. Now, we're a small, open trading economy, so

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Speaker 12: our access to our second biggest trading partners now affected.

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Speaker 12: But our biggest trading partner, China has been hit pretty hard,

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Speaker 12: so you know, the bigger picture impacts. We're not too

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Speaker 12: sure what we're going to be yet. Like global trade

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Speaker 12: is elastic, we are going to see changes, but it's

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Speaker 12: going to take a little bit of time to understand

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Speaker 12: the full implications.

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Speaker 2: Right O, brace yourself, give us these numbers.

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Speaker 12: Oh, here we go, let's just run through good news. Friday,

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Speaker 12: Dale Jones is down one thousand to two hundred and

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Speaker 12: eighty six points. That's three percent, so it's forty thousand,

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Speaker 12: nine hundred thirty nine. The S and P five hundred

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Speaker 12: is down two hundred and fourteen points three point seven

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Speaker 12: six percent, five thousand, four hundred and fifty eight, and

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Speaker 12: the Nasdaq is down eight hundred and seventy six points.

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Speaker 12: It's just clicked on five percent four actually sixteen thousand,

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Speaker 12: seven hundred and nineteen overnight. The forty one hundred lost

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Speaker 12: one point five five percent eight four seven four. The

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Speaker 12: Niket lost two point seven seven percent, closing at thirty

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Speaker 12: four thousand, seven hundred and thirty five. The Sheghai composite

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Speaker 12: down eight three three four two. The Aussis lost just

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Speaker 12: under one percent seven eight five. The ends the NEX fifty.

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Speaker 12: Big cheer out there, please. It was up eighteen points

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Speaker 12: point one five percent. Remarkable twelve thousand, three hundred thirty

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Speaker 12: eight Key dollar point five to eighth nine against the

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Speaker 12: US point nine four one nine ossie point five two

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Speaker 12: six two, Euro point four four to three to two

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Speaker 12: against the pound eighty four point nine one. Japanese en

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Speaker 12: gold surprising me has actually come down a bit three thousand,

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Speaker 12: one hundred and nine dollars and Brent crude. This has

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Speaker 12: been hit by global growth. We car sixty nine dollars

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Speaker 12: eighty five cents.

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Speaker 2: Yeah, but a very good weekend. We'll catch up next week.

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Speaker 2: Good on your mate, Andrew kellaher Joemiwealth dot co dot

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Speaker 2: m Z Pasky. The Zone Media News Dezone finalized their

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Speaker 2: deal with Foxtail across the Tasman are three point four

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Speaker 2: billion dollar sale. They got the a Triple C clearance.

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Speaker 2: In Australia, it'll be known Foxtail as a dezone company.

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Speaker 2: The main reason I mentioned that is we're still looking

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Speaker 2: to see where the dezone is part of the rugby

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Speaker 2: equation in this country. So watch this space. Six twenty two.

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Speaker 2: You're a News Talks edbo.

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Speaker 1: The Vike asking Breakfast Full Show podcast on iHeartRadio powered

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Speaker 1: by News Talks AB.

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Speaker 2: Looking on to catch up with Murray Old's later. The

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Speaker 2: campaign's getting interesting in Australia. Elbow fell off a stage yesterday,

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Speaker 2: which was interesting. It didn't get hurt, so that was

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Speaker 2: that was the good news. They've agreed to a second debate.

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Speaker 2: First debate is this coming Tuesday on Sky so we'll

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Speaker 2: be able to watch it. They've agreed to a second

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Speaker 2: debate on the ABC the sixteenth of April. Seven and

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Speaker 2: nine are still this to try and get their own debates.

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Speaker 2: As regard the tariffs, Richard Arnold, of course we got teen.

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Speaker 2: We'll talk to the Trade minister after seven. South Africa

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Speaker 2: got thirty.

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Speaker 10: Is absolutely devastating to the South African economy. I mean

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Speaker 10: South Africa. South Fruit manufactured projects of products like autos

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Speaker 10: and metals to the US, and so Afrika exports around

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Speaker 10: ten percent or more to the USA. It's really really

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Speaker 10: going to impact on.

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Speaker 1: The ecomy trending now with ms Wells keeping Kiwi's healthy

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Speaker 1: four years.

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Speaker 2: I saw this yesterday. I thought, jeezus, it's good. This

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Speaker 2: lies from guy Richie. A lot of Indiana Jones about

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Speaker 2: it's called Fountain of Youth where the stars go looking

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Speaker 2: for Fountain of youth is absolutely.

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Speaker 11: Charlotte, have you been well?

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Speaker 3: That might take a while.

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Speaker 13: We haven't spoken any years.

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Speaker 11: That a brotherhood want to see his sister.

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Speaker 9: Are you in trouble? And why I would you say that?

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Speaker 9: Do you only call when you're in trouble? That's not

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Speaker 9: true and which genius will explain to me. Why iron here?

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Speaker 2: Keep cat in the bag until I release it?

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Speaker 14: Yeah?

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Speaker 9: Great, we're looking for the fountain of youth. Oh please, no,

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Speaker 9: I just say you are the cat in the bag.

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Speaker 2: Cat wasn't happy in the bag.

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Speaker 15: There's a reason the fountain was hidden.

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Speaker 16: You can't succeed, So you really think you're going to

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Speaker 16: find a magic pool of water at the end of this?

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Speaker 2: I don't know, but I think you want to find out. Krazinski,

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Speaker 2: John Portman, Natalie, their brother and sister. You've got Isaa

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Speaker 2: Gonzalez and you will have picked the boy Stanley Tucci

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Speaker 2: not in theaters straight to Apple May twenty third. From

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Speaker 2: what I saw yesterday, looks good.

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Speaker 11: Mike.

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Speaker 2: I know you're not a moron, but you didn't mention

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Speaker 2: the thirty percent tariffs that the EU charged the US

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Speaker 2: or the obscene tariffs that Canada charges the US on deary.

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Speaker 15: We have.

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Speaker 2: We've mentioned that extensively, but let me come back later

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Speaker 2: and explain more on that in case you are still

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Speaker 2: a little bit confused. Meantime, Phil Goff is back in

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Speaker 2: the country and talking this morning. Does he have any

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Speaker 2: regrets about the second.

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Speaker 1: The Mike Hoskume in safeguld Engaging and Vital the Mic asking,

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Speaker 1: Breakfast with a Vida, Retirement, Communities, Life Your Way, News,

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Speaker 1: togs Head.

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Speaker 2: Be Carnage and Paul Arts and Tom McClay Tariff Minister

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Speaker 2: or Trade Minister after seven o'clock, which are done stateside

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Speaker 2: in a couple of moments, twenty three minutes away from

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Speaker 2: seven other matters. Last time we heard from our former

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Speaker 2: UK High Commissioner Phil GoF, he was an asking a

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Speaker 2: question that would get him sacked because the Foreign Minister

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Speaker 2: said his position was untenable, and that was that. Phil

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Speaker 2: Goff has his ladder back in the country and he's

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Speaker 2: with us. Very good morning to you.

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Speaker 17: Yeah, good morning, Mike.

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Speaker 2: Good to be back on the land.

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Speaker 17: Oh, fantastic being back in New Zealand. I'm not really

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Speaker 17: looking forward to going from one winter and for another,

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Speaker 17: but we've had a great week up to the rain

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Speaker 17: we're getting now, so lovely to be back home.

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Speaker 2: On the day you asked the question, did you know

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Speaker 2: what you were doing?

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Speaker 11: Yeah?

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Speaker 17: Absolutely, I've given some thought to it, and I thought

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Speaker 17: there was a serious and important question that, excuse me,

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Speaker 17: needed to be asked about the Trump administration's policy and

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Speaker 17: seeking to appease Russia, which was clearly what they were doing.

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Speaker 17: Did they understand the lessons of history? Did they understand

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Speaker 17: the things that you and I know about that had

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Speaker 17: happened pre World War Two when Nevill Chamberlain had tried

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Speaker 17: to appease Hitler. And the result of appeasing and aggressor

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Speaker 17: is not to satisfy them, but to wet their appetite

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Speaker 17: for more regression. I don't believe that the Trump administration

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Speaker 17: understands that. I thought it was a serious and important

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Speaker 17: question and it needed to be asked.

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Speaker 2: Was it a question more of a former foreign minister

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Speaker 2: than a high commissioner? Probably?

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Speaker 17: Look a career civil servant is training to be very cautious,

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Speaker 17: not to express any strong value that they may hold

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Speaker 17: personally in the question they asked. I thought it was

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Speaker 17: a critical question. The people in the room thought it

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Speaker 17: was a critical question, but no other diplomat wanted to

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Speaker 17: ask it. I'd just had a conversation though, the previous

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Speaker 17: night with the spouse of one of my colleagues who

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Speaker 17: was a high commissioner, and she was a teacher, and

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Speaker 17: she talked about the playground and the bully would abuse

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Speaker 17: the victim. But the people that enabled that to happen

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Speaker 17: were the people that stayed silent. I didn't want to

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Speaker 17: be an enabler. I think that frankly, the lies that

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Speaker 17: Trump was talking about Zelensky being a dictator Ukraine starting

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Speaker 17: the war needed to be called out. He needed to

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Speaker 17: be challenged. Otherwise we were complicit in what he was doing,

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Speaker 17: and what he was doing was betraying the struggle of

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Speaker 17: the Ukrainian people for their freedom, their democracy and their nationhood.

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Speaker 2: How big a surprise was the second.

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Speaker 17: I thought I'd taken the question right up to the line.

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Speaker 17: I didn't think that I'd crossed the line, and I

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Speaker 17: believed actually that the question I was asking must have

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Speaker 17: been the question on the minds of the New Zealand

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Speaker 17: government and certainly most of the people that I was

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Speaker 17: talking to back home in New Zealanders. Well, but it's

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Speaker 17: the minister's prerogative to decide who are his head submission.

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Speaker 17: I have no complaint about removal from office.

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Speaker 1: That was the price.

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Speaker 17: If that was the price that I had to pay

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Speaker 17: for saying something that I thought was really important, I'm

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Speaker 17: prepared to pay the price.

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Speaker 2: Was it convenient to Saki? Was there an element of

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Speaker 2: that to it or not?

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Speaker 17: It's really hard to know. I mean, I have had

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Speaker 17: no conversation with the Foreign Minister. He said that it

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Speaker 17: was a difficult decision and he held me in high

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Speaker 17: esteem personally. If I'd been Foreign Minister, would I have

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Speaker 17: done that to somebody that had asked a question that

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Speaker 17: probably I thought was a relevant question. The answer is no,

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Speaker 17: I wouldn't have done that. But then he's the minister.

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Speaker 17: It's his prerogative. I've got no complaint about his action.

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Speaker 2: What are you going to do now?

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Speaker 17: I do a bit of thinking and writing. I've been

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Speaker 17: approached by a publisher to see if I wanted to

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Speaker 17: write a book, and I'm going to take a while

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Speaker 17: working on the farm. I'm doing a bit of chainsaw

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Speaker 17: therapy and wood splitting therapy. I'll think about it for

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Speaker 17: a while and then consider my next steps, but I

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Speaker 17: don't think it'll be going back into politics.

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Speaker 2: Good to catch up, presci out at Phil Goff Form,

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Speaker 2: my UK High Commissioner. The last time I saw him,

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Speaker 2: I was in his office in London, just ahead of

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Speaker 2: the coronation. Mike, if tariff's are so bad, and Trump's

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Speaker 2: tariffs are reciprocal, why don't all countries just drop their tariffs?

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Speaker 2: Good question? Israel did and look what happened. Seventeen percent

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Speaker 2: nineteen to two.

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

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Speaker 1: by News.

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Speaker 2: Talks a B Now, if you're into the F one

404
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Speaker 2: and who isn't These days, Red Bull's decision to drop

405
00:19:33,600 --> 00:19:36,639
Speaker 2: Liam in favor of Yuki has been dominating the headlines

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00:19:36,640 --> 00:19:38,440
Speaker 2: across the media. For the last week and a half

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00:19:38,520 --> 00:19:41,960
Speaker 2: or so, So what about getting behind Liam and the

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00:19:42,000 --> 00:19:44,119
Speaker 2: Japanese Grand Prix this weekend ta b home of the

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Speaker 2: Formula One Racing odds of course, offering something special that

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Speaker 2: you won't want to miss. Back Liam to beat Yuki

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00:19:50,000 --> 00:19:52,959
Speaker 2: in the Grand Prix this weekend and the TAB special

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00:19:53,040 --> 00:19:55,280
Speaker 2: four dollar boosted odds. It means if you place a

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00:19:55,320 --> 00:19:59,520
Speaker 2: twenty dollar bet Liam finishes higher than Yuki, you get

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Speaker 2: eighty b So we know Lawson's performed well in the past.

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00:20:03,080 --> 00:20:05,520
Speaker 2: Of course, at one Suzukah and Sonoda is going to

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00:20:05,560 --> 00:20:07,359
Speaker 2: be driving the very difficult Red Bull cap for the

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00:20:07,359 --> 00:20:09,359
Speaker 2: first time, so it's going to be a fascinating matchup.

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Speaker 2: So make the most of the limited time off a

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Speaker 2: tab dot co dot nz maximum bets twenty bucks one

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00:20:14,240 --> 00:20:17,359
Speaker 2: for customer tees and sees. Apply R eighteen bet responsibly.

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Speaker 2: He might on many things, I'm not aligned with Philbert

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Speaker 2: on this. I totally agree with them the school yard

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Speaker 2: bully and Alogy nails the point that Ollie. The only

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Speaker 2: problem is it's not the quick you. We may all

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Speaker 2: agree with it, but you don't ask that question as

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Speaker 2: a high commissioner. And that's why you get sacked essentially

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Speaker 2: at the end of the day. Right the tariffs Italy,

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Speaker 2: some matters.

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Speaker 9: Are going to be less effective.

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Speaker 1: They're more expressive.

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Speaker 18: We see the Barolos or the.

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Speaker 7: Brunellos, those ones that they have already quite of an

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Speaker 7: important price point.

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Speaker 9: They were going to be less effective.

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Speaker 7: But nothing to be to be happy about.

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Speaker 2: No, because you pay anything for the Barolos.

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Speaker 11: Britain.

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Speaker 19: It remains our belief that the best route to economic

439
00:21:03,640 --> 00:21:06,679
Speaker 19: stability for working people is a negotiator deal with the

440
00:21:06,800 --> 00:21:11,200
Speaker 19: US that builds on our shared strengths. However, we do

441
00:21:11,280 --> 00:21:14,359
Speaker 19: reserve the right to take any action we deem necessary

442
00:21:14,680 --> 00:21:16,280
Speaker 19: if a deal is not secured.

443
00:21:17,040 --> 00:21:21,760
Speaker 1: International correspondence on Youth Talk said so in America Original morning,

444
00:21:22,520 --> 00:21:24,120
Speaker 1: what do you Mike fairbit to talk about?

445
00:21:24,160 --> 00:21:24,480
Speaker 11: Richard?

446
00:21:25,520 --> 00:21:28,719
Speaker 20: Yeah, starting with money, money, money, New Zealand stocks might

447
00:21:28,760 --> 00:21:30,800
Speaker 20: have taken a beat, but here if stock promises are

448
00:21:31,200 --> 00:21:33,800
Speaker 20: off the cliff. In response to the Trump Teriff's Wall

449
00:21:33,840 --> 00:21:36,920
Speaker 20: Street Rilling Dour is down by a bit over three percent,

450
00:21:37,160 --> 00:21:39,479
Speaker 20: with a twelve hundred and eighty points sell off at

451
00:21:39,480 --> 00:21:41,840
Speaker 20: the minute. It was down by some sixteen hundred points

452
00:21:41,840 --> 00:21:44,040
Speaker 20: at one stage. To take heavy nezzek off by nearly

453
00:21:44,320 --> 00:21:46,000
Speaker 20: five percent, and if you look at some of the

454
00:21:46,000 --> 00:21:49,040
Speaker 20: biggest US companies with global supply lines, Apple has lost

455
00:21:49,080 --> 00:21:52,320
Speaker 20: nearly nine percent in this latest round, almost three hundred

456
00:21:52,320 --> 00:21:56,040
Speaker 20: billion dollars in value. The apparel stocks are way off, also,

457
00:21:56,119 --> 00:21:59,280
Speaker 20: including Nike, Ralph Lauren because they get supplies from China

458
00:21:59,320 --> 00:22:01,359
Speaker 20: and other parts of which now are on the Trump

459
00:22:01,440 --> 00:22:04,480
Speaker 20: high tariff list. Trump is being saying on the tariffs, of.

460
00:22:04,359 --> 00:22:06,800
Speaker 9: Course they do it to us, and we do it

461
00:22:06,840 --> 00:22:07,200
Speaker 9: to them.

462
00:22:07,320 --> 00:22:10,080
Speaker 20: Well, that has caused confusion, has it not. With his

463
00:22:10,320 --> 00:22:13,520
Speaker 20: Show and Tell prop yesterday, Trump claimed New Zealand has

464
00:22:13,560 --> 00:22:18,040
Speaker 20: a twenty percent tariff on US exporterers. New Zealand's Trade

465
00:22:18,040 --> 00:22:20,320
Speaker 20: Minister Tom McClay, as you've been noting, the NISS has

466
00:22:20,359 --> 00:22:23,080
Speaker 20: it average a about one point nine percent. Australia making

467
00:22:23,080 --> 00:22:26,200
Speaker 20: a similar case, saying that Trump tariffs on Australia are

468
00:22:26,240 --> 00:22:29,040
Speaker 20: a fraud and arguing that controls on beef, pork and

469
00:22:29,080 --> 00:22:32,800
Speaker 20: food imports are due to biosecurity. Scott the Sant, the

470
00:22:32,880 --> 00:22:34,600
Speaker 20: US Treasury Secretary.

471
00:22:34,200 --> 00:22:38,000
Speaker 17: Is advising, do not sit back, take.

472
00:22:37,840 --> 00:22:42,000
Speaker 20: It out Europe, China, they say they intend to respond

473
00:22:42,040 --> 00:22:44,320
Speaker 20: with strength. As you've been hearing meantime, it's being noted

474
00:22:44,359 --> 00:22:46,960
Speaker 20: that there are no US tariffs on Putin's Russia. There

475
00:22:47,000 --> 00:22:51,560
Speaker 20: are tariffs, however, on the Australian territories of McDonald Islands Antarctica,

476
00:22:51,640 --> 00:22:54,720
Speaker 20: where no people live, but there are lots of penguins,

477
00:22:54,720 --> 00:22:57,440
Speaker 20: so if those penguins are ever an economic threat, might

478
00:22:57,480 --> 00:23:00,520
Speaker 20: watch out. In There's country, there are warnings that chances

479
00:23:00,520 --> 00:23:03,359
Speaker 20: of recession have increased prices on almost everything expected to

480
00:23:03,400 --> 00:23:06,440
Speaker 20: go up, as Trump allays say it's only a brief concern,

481
00:23:06,880 --> 00:23:09,280
Speaker 20: a brief aus in what several years. The number of

482
00:23:09,359 --> 00:23:12,239
Speaker 20: Canadians planning to travel to this country is plummeted, with

483
00:23:12,400 --> 00:23:15,200
Speaker 20: four million fewer Canadians expected to come here this year,

484
00:23:15,359 --> 00:23:17,840
Speaker 20: and official is saying there's a lot of anger stilandis

485
00:23:17,880 --> 00:23:20,600
Speaker 20: which used to be Chrysler says it will idle their

486
00:23:20,680 --> 00:23:23,200
Speaker 20: car plants in Canada and Mexico for the minute, Ford

487
00:23:23,280 --> 00:23:25,439
Speaker 20: saying they have a lot of existing stock and they

488
00:23:25,440 --> 00:23:28,360
Speaker 20: will keep prices low for some weeks. Then what, well,

489
00:23:28,400 --> 00:23:31,720
Speaker 20: we don't know. Meantime, four Republican senators split with Trump

490
00:23:31,760 --> 00:23:34,560
Speaker 20: and voted to try to stop Trump's Canada tariff, saying

491
00:23:34,760 --> 00:23:37,239
Speaker 20: there is no economic emergency as the White House has

492
00:23:37,280 --> 00:23:41,399
Speaker 20: been claiming there Susan Collins, Lisa Mkowski, Ran Paul and

493
00:23:41,440 --> 00:23:44,560
Speaker 20: a longtime Republican Senate leader Mitch McConnell. But the Republican

494
00:23:44,640 --> 00:23:47,000
Speaker 20: Speaker Mike Johnson has moved to block any vote on

495
00:23:47,000 --> 00:23:50,040
Speaker 20: this in the US House, so using political tricks to

496
00:23:50,280 --> 00:23:51,920
Speaker 20: keep his party in tow.

497
00:23:52,280 --> 00:23:56,240
Speaker 2: Now, elon is he going or staying? What's happening? Yeah,

498
00:23:56,240 --> 00:23:57,240
Speaker 2: it's become a big question.

499
00:23:57,400 --> 00:23:57,640
Speaker 11: Now.

500
00:23:58,200 --> 00:24:00,480
Speaker 20: He was brought in initially fo one hundred and thirty days,

501
00:24:01,240 --> 00:24:04,680
Speaker 20: but that was something that always might have been extended.

502
00:24:04,720 --> 00:24:08,439
Speaker 20: Now Musk is putting out some feelers about this, and

503
00:24:08,520 --> 00:24:10,879
Speaker 20: so was the White House. Musk saying his loss in

504
00:24:10,920 --> 00:24:14,119
Speaker 20: that was consonant Supreme Court election. We must put in

505
00:24:14,160 --> 00:24:17,360
Speaker 20: what some twenty million dollars for a campaign where he

506
00:24:17,520 --> 00:24:20,720
Speaker 20: lost in Trump country by about ten percentage points, Musk

507
00:24:20,760 --> 00:24:23,600
Speaker 20: saying now he expected to lose. It's only money, folks.

508
00:24:23,960 --> 00:24:26,920
Speaker 20: Other Republican lawmakers are worried by the political shifts. They

509
00:24:26,960 --> 00:24:29,560
Speaker 20: are singing with some of this. Trump now saying of

510
00:24:29,680 --> 00:24:32,240
Speaker 20: his chainsaw wielding crony.

511
00:24:32,119 --> 00:24:34,760
Speaker 21: I think he's amazing, but I also think he's got

512
00:24:34,800 --> 00:24:36,640
Speaker 21: a big company to run, and so at some point

513
00:24:36,680 --> 00:24:37,680
Speaker 21: he's going to be going back.

514
00:24:37,800 --> 00:24:39,919
Speaker 20: Well, we see how Tesla is being savage, don't we

515
00:24:39,920 --> 00:24:43,080
Speaker 20: buy the backlash? Over the most political Trump says it

516
00:24:43,080 --> 00:24:45,000
Speaker 20: will be a point at which the secretaries will be

517
00:24:45,000 --> 00:24:47,679
Speaker 20: able to do this work. In recent interviews, Musque has

518
00:24:47,720 --> 00:24:50,439
Speaker 20: sounding got to say somewhat emotional over the protest that

519
00:24:50,600 --> 00:24:53,720
Speaker 20: he is facing. So yeah, is he tiring of this

520
00:24:53,840 --> 00:24:54,800
Speaker 20: political game?

521
00:24:54,960 --> 00:24:57,200
Speaker 2: On coment, go well and we'll catch up on Monday.

522
00:24:57,280 --> 00:25:01,480
Speaker 2: Richard on Steitz. By the way, Waltz Mike regularly set

523
00:25:01,560 --> 00:25:04,439
Speaker 2: up chats on Signal to coordinate official work on issues

524
00:25:04,440 --> 00:25:07,560
Speaker 2: including Ukraine, China, Garza, Middle East policy, Africa, and Europe.

525
00:25:07,560 --> 00:25:11,159
Speaker 2: That's from Politico this morning, claims confirmed by four people

526
00:25:11,200 --> 00:25:14,359
Speaker 2: who were personally added to the chats. Two of them

527
00:25:14,359 --> 00:25:17,240
Speaker 2: had direct knowledge of at least twenty chats. All four

528
00:25:17,320 --> 00:25:20,520
Speaker 2: saw instances of sensitive information being discussed, so that one

529
00:25:20,560 --> 00:25:23,440
Speaker 2: hasn't gone away. Meantime, if you want to read the Economist,

530
00:25:23,560 --> 00:25:26,399
Speaker 2: this is how we got to the calculation. Allegedly, Trump's

531
00:25:26,440 --> 00:25:30,160
Speaker 2: grasp of the technicalities was pathetic. Their words, not mine.

532
00:25:30,320 --> 00:25:34,119
Speaker 2: Trump's grasp of the technicalities was pathetic. He suggested the

533
00:25:34,160 --> 00:25:36,360
Speaker 2: new tariffs were based on an assessment of a country's

534
00:25:36,359 --> 00:25:40,679
Speaker 2: tariffs against America plus currency manipulation are the supposed distorse them,

535
00:25:40,760 --> 00:25:43,239
Speaker 2: such as value added tax. But it looks as if

536
00:25:43,240 --> 00:25:45,800
Speaker 2: officials set the tariffs using a formula that takes America's

537
00:25:45,840 --> 00:25:47,760
Speaker 2: by a lateral trade deficit as a share of goods

538
00:25:47,760 --> 00:25:50,600
Speaker 2: imported from each country and halves it, which is almost

539
00:25:50,640 --> 00:25:52,720
Speaker 2: as random as taxing you on the number of ours

540
00:25:52,760 --> 00:25:57,000
Speaker 2: in un name Trade Minister Todd McLay shortly ten to

541
00:25:57,040 --> 00:25:57,920
Speaker 2: seven of the.

542
00:25:58,000 --> 00:26:03,680
Speaker 1: Mike Hosking breakfast with Vita Retirement Communities News Dogs head Bajof's.

543
00:26:03,080 --> 00:26:05,880
Speaker 2: Getting some level come back to that in the moment, Canada.

544
00:26:06,000 --> 00:26:12,040
Speaker 22: They are all unjustified, unwarranted, and in our judgment, misguided,

545
00:26:13,440 --> 00:26:17,720
Speaker 22: and we are already seeing the consequences. Just last evening,

546
00:26:18,359 --> 00:26:22,600
Speaker 22: workers from Uniform Local four four four, with whom I

547
00:26:22,720 --> 00:26:26,280
Speaker 22: met last week, learned that their auto assembly plant in

548
00:26:26,400 --> 00:26:30,040
Speaker 22: Windsor will be shutting down for at least the next

549
00:26:30,040 --> 00:26:35,640
Speaker 22: two weeks. That's three six hundred workers who are now

550
00:26:35,800 --> 00:26:39,880
Speaker 22: out of work, not by their choice, workers who now

551
00:26:39,920 --> 00:26:42,639
Speaker 22: worry how they're going to put food on the table

552
00:26:43,000 --> 00:26:43,840
Speaker 22: and pay their bills.

553
00:26:44,240 --> 00:26:46,199
Speaker 2: Germany, the Youngston toilent Chi.

554
00:26:46,600 --> 00:26:49,240
Speaker 23: I believe the latest decision on tariffs by the US

555
00:26:49,359 --> 00:26:52,840
Speaker 23: President are fundamentally wrong. This is an attack on a

556
00:26:52,880 --> 00:26:55,960
Speaker 23: trade order that has created its prosperity all over the world,

557
00:26:56,600 --> 00:26:59,400
Speaker 23: a trade order that is essentially the result of American

558
00:26:59,440 --> 00:27:03,080
Speaker 23: and devils. The entire global economy will suffer from these

559
00:27:03,119 --> 00:27:04,440
Speaker 23: ill considered decisions.

560
00:27:05,160 --> 00:27:05,600
Speaker 2: Lutnick.

561
00:27:06,080 --> 00:27:08,680
Speaker 5: Let Donald Trump run the global economy.

562
00:27:08,840 --> 00:27:09,960
Speaker 15: He knows what he's doing.

563
00:27:10,119 --> 00:27:12,159
Speaker 1: He's been talking about it for thirty five years.

564
00:27:12,320 --> 00:27:14,480
Speaker 12: You gotta trust Donald Trump in the White House.

565
00:27:14,480 --> 00:27:15,560
Speaker 24: That's why they put him there.

566
00:27:16,480 --> 00:27:19,480
Speaker 2: Posking, I was with Phil Goff Mike at the White

567
00:27:19,480 --> 00:27:21,760
Speaker 2: Tangy Ball in London couple of weeks before a sacking.

568
00:27:21,800 --> 00:27:24,080
Speaker 2: I'm not a labor supporter, but what a statesman, fantastic

569
00:27:24,160 --> 00:27:26,560
Speaker 2: ambassadory was. He should never have been sacked. Winston's on

570
00:27:26,600 --> 00:27:29,840
Speaker 2: the wrong side here, Mike, having heard Gof's explanation. Like

571
00:27:29,920 --> 00:27:31,800
Speaker 2: him or not, he was right to say what he did.

572
00:27:32,080 --> 00:27:34,760
Speaker 2: This puts Winston on the wrong side of history. So

573
00:27:34,800 --> 00:27:37,040
Speaker 2: there you go, Times two five minutes away from seven.

574
00:27:37,720 --> 00:27:41,680
Speaker 15: Well, the inns and the ouse. It's the fizz with business.

575
00:27:41,720 --> 00:27:44,720
Speaker 1: Timer, take your business productivity to the next level.

576
00:27:44,840 --> 00:27:46,360
Speaker 2: At some point this morning, I may work you through

577
00:27:46,359 --> 00:27:48,360
Speaker 2: some of the countries who have been particularly hard hit

578
00:27:48,440 --> 00:27:50,640
Speaker 2: and look at the disparity in trade and what sort

579
00:27:50,680 --> 00:27:52,840
Speaker 2: of Trump was thinking and trying to go back at them.

580
00:27:52,920 --> 00:27:56,000
Speaker 2: Vietnam has been hit really badly. A lot of major brands,

581
00:27:56,040 --> 00:27:58,359
Speaker 2: of course, moved their base to Vietnam from China. They

582
00:27:58,400 --> 00:28:00,800
Speaker 2: wanted to avoid repercussions between the US and China, so

583
00:28:00,840 --> 00:28:01,640
Speaker 2: that went well for them.

584
00:28:01,680 --> 00:28:02,359
Speaker 15: Not so.

585
00:28:02,520 --> 00:28:05,600
Speaker 2: Imports from Vietnam to the US grew by nineteen percent

586
00:28:05,680 --> 00:28:08,040
Speaker 2: last year. So at two thirty four billion. New Zealand,

587
00:28:08,400 --> 00:28:11,320
Speaker 2: they've got forty six percent by way of taris forty

588
00:28:11,359 --> 00:28:15,320
Speaker 2: six So Nike manufacture anywhere between a quarter and a

589
00:28:15,320 --> 00:28:17,680
Speaker 2: half of their shoes in Vietnam. They're already predicting a

590
00:28:17,720 --> 00:28:20,680
Speaker 2: double digit percentage sales drop for Q two and now

591
00:28:20,720 --> 00:28:23,400
Speaker 2: this shares have fallen about thirteen percent since the announcement.

592
00:28:23,440 --> 00:28:26,240
Speaker 2: Addi Das or Adidas thirty nine percent of their shoes

593
00:28:26,280 --> 00:28:29,240
Speaker 2: are made in Vietnam. There years are down twelve. Deckers brands,

594
00:28:29,240 --> 00:28:31,440
Speaker 2: they're the ones who make Uggs and the Hoker shares

595
00:28:31,520 --> 00:28:34,800
Speaker 2: down fifteen. Steve Madden, they're into shoes as well. America's

596
00:28:34,800 --> 00:28:37,360
Speaker 2: most successful shoe designer. In fact, there shares down sixteen

597
00:28:37,680 --> 00:28:41,680
Speaker 2: as in percent vf they make your vans, your timberlands,

598
00:28:41,720 --> 00:28:43,880
Speaker 2: your north face. Seventeen percent of their products are made

599
00:28:43,920 --> 00:28:46,320
Speaker 2: in Vietnam. There years are down twenty six other big

600
00:28:46,320 --> 00:28:48,840
Speaker 2: industry is furniture. About fifty six percent of furniture coming

601
00:28:48,880 --> 00:28:52,200
Speaker 2: into the States is from Vietnam. Who knew big player

602
00:28:52,280 --> 00:28:55,200
Speaker 2: is wayfair? Their shares a down twenty five percent as

603
00:28:55,240 --> 00:28:57,920
Speaker 2: of six o'clock this morning. So just to address the

604
00:28:57,960 --> 00:29:02,200
Speaker 2: text earlier on the part I can justify, if not

605
00:29:02,280 --> 00:29:05,200
Speaker 2: agree with, is that when you're American and you put

606
00:29:05,200 --> 00:29:07,520
Speaker 2: something into a country and that country goes, well, if

607
00:29:07,560 --> 00:29:09,440
Speaker 2: it's American, we're going to tax you twenty percent or

608
00:29:09,440 --> 00:29:12,600
Speaker 2: tariff you're twenty percent. So America then goes, well, we'll

609
00:29:12,600 --> 00:29:15,120
Speaker 2: see you twenty percent. That part I get. There's an

610
00:29:15,200 --> 00:29:19,400
Speaker 2: element of truth to that aspect of trade, but generally

611
00:29:19,440 --> 00:29:23,200
Speaker 2: it's not broad based. Generally it's on individual products. So

612
00:29:23,440 --> 00:29:26,600
Speaker 2: somebody like Britain goes, will tax you fifteen percent? On

613
00:29:26,680 --> 00:29:29,680
Speaker 2: New Zealand, lamb will go well, we don't because we're

614
00:29:29,680 --> 00:29:32,000
Speaker 2: free traders. But you know another country might go well,

615
00:29:32,080 --> 00:29:35,040
Speaker 2: we'll tax you fifteen percent on wine, and therefore it's

616
00:29:35,080 --> 00:29:37,920
Speaker 2: not across the board. What's unusual about Trump? It's across

617
00:29:37,920 --> 00:29:42,000
Speaker 2: the board. He's also what's unusual about Trump tariffing countries

618
00:29:42,040 --> 00:29:45,920
Speaker 2: that have no real tariffs ie New Zealand or Australia

619
00:29:46,240 --> 00:29:48,920
Speaker 2: or the aforementioned Israel who dropped their tariffs. They had

620
00:29:48,920 --> 00:29:52,000
Speaker 2: some tariffs against US products, they drop every single one

621
00:29:52,040 --> 00:29:55,120
Speaker 2: of them, and yet Trump whacked them with seventeen percent.

622
00:29:55,240 --> 00:29:58,200
Speaker 2: So on that aspect of the announcement, there is literally

623
00:29:58,440 --> 00:30:02,720
Speaker 2: no logic what so ever. The Trade Minister Todd McLay

624
00:30:02,920 --> 00:30:04,160
Speaker 2: after the news which is.

625
00:30:04,200 --> 00:30:10,160
Speaker 1: Next news, opinion and everything in between, the mic Hosking

626
00:30:10,200 --> 00:30:14,320
Speaker 1: breakfast with the range Rover villare designed to intrigue and

627
00:30:14,480 --> 00:30:15,400
Speaker 1: use toks dead being.

628
00:30:15,520 --> 00:30:17,240
Speaker 2: Seven past seven, So where are we at this morning

629
00:30:17,280 --> 00:30:19,360
Speaker 2: in this new world of terrorists? Possibly a trade warren

630
00:30:19,480 --> 00:30:21,840
Speaker 2: is the confusion over our ten slash twenty percent sorted

631
00:30:21,880 --> 00:30:25,360
Speaker 2: trade Minister Todd McClay with us good morning, my good morning,

632
00:30:25,440 --> 00:30:28,280
Speaker 2: ten or twenty.

633
00:30:28,000 --> 00:30:31,160
Speaker 21: Well, we will be facing ten percent, as every country

634
00:30:31,240 --> 00:30:34,320
Speaker 21: the world will although many others obviously have will have

635
00:30:34,360 --> 00:30:38,080
Speaker 21: a higher teriff rate than that. There was confusion about

636
00:30:38,200 --> 00:30:40,680
Speaker 21: where they got their numbers in as far as what

637
00:30:40,680 --> 00:30:43,800
Speaker 21: they think New Zealand's tariff rate applied against US exports

638
00:30:43,840 --> 00:30:47,480
Speaker 21: and into New Zealand. Actually, our average rate is about

639
00:30:47,480 --> 00:30:50,040
Speaker 21: one point nine percent for the US. It seems they've

640
00:30:50,080 --> 00:30:53,040
Speaker 21: got some unusual formula to come up with twenty percent.

641
00:30:53,080 --> 00:30:56,760
Speaker 21: That's not correct. It's wrong, and our officials are starting

642
00:30:56,760 --> 00:30:57,760
Speaker 21: the process to correct.

643
00:30:57,840 --> 00:31:00,160
Speaker 2: So you still no further ahead this morning than we

644
00:31:00,160 --> 00:31:03,400
Speaker 2: were yesterday. Is it hard to get to a Trump official?

645
00:31:03,400 --> 00:31:06,080
Speaker 2: Given I'm assuming the whole world is trying to get them.

646
00:31:06,560 --> 00:31:08,200
Speaker 21: They're very, very busy over there.

647
00:31:08,240 --> 00:31:08,800
Speaker 11: I think you're right.

648
00:31:08,880 --> 00:31:11,160
Speaker 21: A lot of countries that's face twenty thirty forty cent

649
00:31:11,240 --> 00:31:15,719
Speaker 21: tariffs are making contact. I expect to beloved negotiation. Our

650
00:31:15,760 --> 00:31:17,920
Speaker 21: people have reached out, but we'll just work through this.

651
00:31:18,320 --> 00:31:21,360
Speaker 21: I mean, ultimately, they are wrong. We don't have a

652
00:31:21,400 --> 00:31:24,320
Speaker 21: twenty percent tariff against the US. But putting that aside,

653
00:31:24,360 --> 00:31:26,680
Speaker 21: the lowest tariff rate in any country the world faces

654
00:31:26,760 --> 00:31:28,960
Speaker 21: is ten percent. So we want to fix that for

655
00:31:29,040 --> 00:31:31,280
Speaker 21: reputational reasons. But it's not like the shape.

656
00:31:31,280 --> 00:31:33,000
Speaker 2: What if you can't tell? But here's your problem, Todd.

657
00:31:33,040 --> 00:31:34,960
Speaker 2: I mean, what you may think is right, they may

658
00:31:35,000 --> 00:31:37,400
Speaker 2: not care about can we handle twenty.

659
00:31:38,560 --> 00:31:41,680
Speaker 21: Well, so no, so we're not facing a twenty percent teriffrate.

660
00:31:41,680 --> 00:31:44,240
Speaker 21: We're only facing ten percent. What they've said is that

661
00:31:44,280 --> 00:31:48,280
Speaker 21: our the teriffyct US exports Faceingo New Zealand is twenty percent.

662
00:31:48,360 --> 00:31:51,200
Speaker 21: Then they've put us on the lowest band of tariff,

663
00:31:51,200 --> 00:31:52,680
Speaker 21: which is ten percent. So we're not going to be

664
00:31:52,760 --> 00:31:54,959
Speaker 21: having a higher tariff rate than that it is ten percent.

665
00:31:55,120 --> 00:31:57,480
Speaker 21: We just want to get the record right because actually

666
00:31:58,040 --> 00:32:00,040
Speaker 21: one point nine percent is a lot different.

667
00:31:59,760 --> 00:32:02,680
Speaker 2: Than a lot of people texting me. They see they

668
00:32:02,720 --> 00:32:05,920
Speaker 2: claim Trump SU's GSTVA to all that stuff as a terriff.

669
00:32:06,160 --> 00:32:09,320
Speaker 2: Is that part of the calculation? Do you think, No,

670
00:32:09,440 --> 00:32:11,880
Speaker 2: it's not. In fact, some thing's come out overnight. I've

671
00:32:11,880 --> 00:32:13,640
Speaker 2: just had a quick report that some wanting a very

672
00:32:13,680 --> 00:32:15,520
Speaker 2: quick read of it. It seems what they've done is

673
00:32:15,560 --> 00:32:18,920
Speaker 2: they've taken our exports of the US at nine billion dollars,

674
00:32:19,680 --> 00:32:22,120
Speaker 2: their imports in New Zealand about eight billion dollars one

675
00:32:22,160 --> 00:32:25,520
Speaker 2: billion dollar difference, applied that to their exports, which comes

676
00:32:25,520 --> 00:32:28,479
Speaker 2: to a twenty percent difference in the value of trade.

677
00:32:28,880 --> 00:32:30,760
Speaker 21: And so they're saying it's twenty percent. That's not a

678
00:32:30,840 --> 00:32:33,240
Speaker 21: teriff rate. I think what they're actually saying to some

679
00:32:33,280 --> 00:32:37,280
Speaker 21: countries of the world is, you know, you you sell

680
00:32:37,360 --> 00:32:39,280
Speaker 21: us more than you buy from us. We want you

681
00:32:39,320 --> 00:32:42,000
Speaker 21: to buy more. But it's not the way tariff rates

682
00:32:42,000 --> 00:32:45,160
Speaker 21: are worked out, and will will will go. It's I mean, ironically,

683
00:32:45,280 --> 00:32:47,479
Speaker 21: and buy a new airplane the next week or so

684
00:32:47,680 --> 00:32:50,200
Speaker 21: or next month or so, and you know it'll swing

685
00:32:50,240 --> 00:32:52,880
Speaker 21: in the other direction. So we'll make that case to them,

686
00:32:53,080 --> 00:32:55,800
Speaker 21: but it won't change the ten percent because that's the

687
00:32:55,880 --> 00:32:57,760
Speaker 21: bottom that they've said they're putting on any country.

688
00:32:57,880 --> 00:32:59,960
Speaker 2: So we're buying one or two aeroplanes for the air force.

689
00:33:00,280 --> 00:33:02,520
Speaker 2: Todd Well, I.

690
00:33:02,480 --> 00:33:05,800
Speaker 21: Mean, as you know, I went up to up to

691
00:33:06,280 --> 00:33:09,080
Speaker 21: Japan with the Peer. We stopped in an aeroplane in Papa,

692
00:33:09,080 --> 00:33:11,400
Speaker 21: New Guinea for an extra day. I'm all in favor

693
00:33:11,440 --> 00:33:12,960
Speaker 21: of buying aeroplanes exactly.

694
00:33:13,520 --> 00:33:15,800
Speaker 2: Ultimately, where do you think this goes? Is this another

695
00:33:15,800 --> 00:33:17,440
Speaker 2: three and a half years of Trump and then we'll

696
00:33:17,600 --> 00:33:20,280
Speaker 2: get the will back in order or is this permanent issue?

697
00:33:21,200 --> 00:33:21,440
Speaker 11: Well?

698
00:33:21,800 --> 00:33:24,120
Speaker 21: Look, look, I think over the coming days and weeks,

699
00:33:24,120 --> 00:33:27,600
Speaker 21: we're going to see the announcement yesterday change. Different countries

700
00:33:27,600 --> 00:33:29,520
Speaker 21: of the world are going to react to it. I

701
00:33:29,560 --> 00:33:32,280
Speaker 21: think we are going to say, see escalation and retaliation

702
00:33:32,320 --> 00:33:34,960
Speaker 21: of the European Union is going to put things in place. China, Well,

703
00:33:35,240 --> 00:33:37,440
Speaker 21: that's not good for world trade. It's not good for

704
00:33:37,480 --> 00:33:40,600
Speaker 21: New Zealand. Interestingly, a number of the exporters I'm talking

705
00:33:40,600 --> 00:33:42,840
Speaker 21: to now, they're able to digest it. They're telling me

706
00:33:42,880 --> 00:33:45,800
Speaker 21: they see more than just opportunity at market summer, saying

707
00:33:45,840 --> 00:33:49,160
Speaker 21: compared to their competitors who are facing high TWERF rates,

708
00:33:49,200 --> 00:33:51,440
Speaker 21: they might be able to sell more. And there's an

709
00:33:51,520 --> 00:33:53,800
Speaker 21: economist in New Zealand over night saying that actually we

710
00:33:54,120 --> 00:33:56,840
Speaker 21: could see our trade grow. I'm not sure about that.

711
00:33:57,040 --> 00:33:58,720
Speaker 21: All I'm saying is I think there's a way to

712
00:33:58,760 --> 00:34:01,880
Speaker 21: go yet before we see what this means. But if

713
00:34:01,920 --> 00:34:04,680
Speaker 21: other countries of the world put in place significant terrace,

714
00:34:04,960 --> 00:34:06,480
Speaker 21: it is going to be a challenge of the world's

715
00:34:06,480 --> 00:34:08,399
Speaker 21: economy and it will be a challenge for your tail

716
00:34:08,480 --> 00:34:08,960
Speaker 21: next quarters.

717
00:34:09,200 --> 00:34:11,160
Speaker 2: Just real quick, does it help it to us out

718
00:34:11,200 --> 00:34:13,239
Speaker 2: with India? They got whacked hard. Do we turn up

719
00:34:13,239 --> 00:34:15,280
Speaker 2: as a free trader and go, you see those guys,

720
00:34:15,280 --> 00:34:16,600
Speaker 2: this is what we want to do and they look

721
00:34:16,640 --> 00:34:17,520
Speaker 2: at us more kindly.

722
00:34:18,440 --> 00:34:21,799
Speaker 21: Yeah, I discussed this with the Indian Trade Minister when

723
00:34:21,840 --> 00:34:23,040
Speaker 21: I was here a couple of weeks ago, when we

724
00:34:23,160 --> 00:34:26,160
Speaker 21: lots of negotiation, we've both agreed to respective of what

725
00:34:26,239 --> 00:34:28,160
Speaker 21: might happen around the world with the US, we can

726
00:34:28,280 --> 00:34:31,640
Speaker 21: push on and get our deal done. We have capacity

727
00:34:31,640 --> 00:34:34,080
Speaker 21: on both sides to be dealing with other nations and

728
00:34:34,120 --> 00:34:38,239
Speaker 21: to negotiate. But certainly, you know, I think in as

729
00:34:38,280 --> 00:34:41,000
Speaker 21: far as our discussion with other countries about getting barriers down,

730
00:34:41,080 --> 00:34:43,160
Speaker 21: creating certainty, it does help.

731
00:34:43,280 --> 00:34:46,280
Speaker 2: Yes, good, have a good week. I appreciate it. Tom McLay,

732
00:34:46,280 --> 00:34:49,760
Speaker 2: our Trade minister, eleven past seven pask Health update midsay

733
00:34:49,840 --> 00:34:51,720
Speaker 2: for going to be able to fast track new medicines

734
00:34:51,760 --> 00:34:53,759
Speaker 2: within thirty days if they're recognized by a couple of

735
00:34:53,800 --> 00:34:57,040
Speaker 2: other jurisdictions. I think that's the act idea and report

736
00:34:57,040 --> 00:35:00,239
Speaker 2: from Health New Zealand out also shows improvements and three

737
00:35:00,239 --> 00:35:02,960
Speaker 2: out of five quarterly targets good. But then it's got

738
00:35:02,960 --> 00:35:04,759
Speaker 2: a bit third will this week with these headlines around

739
00:35:04,760 --> 00:35:07,319
Speaker 2: Nelson Gismond hospitals. Anyway, the health men's assuming in brown

740
00:35:07,360 --> 00:35:10,520
Speaker 2: with this morning good morning make in totality this is

741
00:35:10,560 --> 00:35:13,000
Speaker 2: a quagmire, isn't it? Being Minister of Health is just

742
00:35:13,040 --> 00:35:15,200
Speaker 2: a gargantuan quagmire.

743
00:35:16,239 --> 00:35:16,799
Speaker 15: Ho Loock Mike.

744
00:35:16,880 --> 00:35:19,319
Speaker 25: I wasn't appoint Administer of Health because everything's fine. There's

745
00:35:19,360 --> 00:35:21,520
Speaker 25: a lot of challenges and we need to fix them

746
00:35:21,920 --> 00:35:24,440
Speaker 25: and I think the quarterly Update which was put out

747
00:35:24,480 --> 00:35:27,279
Speaker 25: yesterday shows some of those areas that we need to

748
00:35:28,000 --> 00:35:32,960
Speaker 25: need to fix, particularly around elective surgeries, which is hips, knees, cataracts.

749
00:35:33,200 --> 00:35:35,000
Speaker 25: There's too many people waiting too long to get the

750
00:35:35,000 --> 00:35:37,480
Speaker 25: surgery they need. But that's why we put back the

751
00:35:37,520 --> 00:35:40,440
Speaker 25: health targets to highlight these issues. You can't manage what

752
00:35:41,480 --> 00:35:43,399
Speaker 25: you don't measure, so we've put those targets in place

753
00:35:43,440 --> 00:35:46,040
Speaker 25: to get the system focused on delivery for patients.

754
00:35:46,160 --> 00:35:48,279
Speaker 2: On the two that you haven't hit first specialist in

755
00:35:48,320 --> 00:35:52,160
Speaker 2: elective treatment, they're still going backwards. Will that turn this year?

756
00:35:53,200 --> 00:35:55,760
Speaker 25: Yes, So that's why we've got the Elective Boost in place.

757
00:35:56,360 --> 00:35:59,840
Speaker 25: That's around actually outsourcing more electives to the private sector,

758
00:36:00,239 --> 00:36:02,640
Speaker 25: working across both the public and private system to actually

759
00:36:02,640 --> 00:36:05,319
Speaker 25: get people the care they need when they need it.

760
00:36:06,200 --> 00:36:08,600
Speaker 25: And look, you know that that's something which we need

761
00:36:08,640 --> 00:36:11,000
Speaker 25: to be doing more of, actually working across the private system,

762
00:36:11,000 --> 00:36:14,560
Speaker 25: make sure we're maximizing the amount of hips, knees, cataract

763
00:36:14,600 --> 00:36:16,360
Speaker 25: operations that can be done so people can get that

764
00:36:16,360 --> 00:36:19,160
Speaker 25: treatment done quickly. So we've already put fifty million dollars

765
00:36:19,200 --> 00:36:22,600
Speaker 25: into that until June. Obviously we're putting the budget together

766
00:36:22,640 --> 00:36:25,319
Speaker 25: for the next financial year. We won't want to get

767
00:36:25,320 --> 00:36:27,440
Speaker 25: as much done as possible to get Keywis the care

768
00:36:27,480 --> 00:36:28,440
Speaker 25: they need when they need it.

769
00:36:28,680 --> 00:36:31,880
Speaker 2: Nelson and Gisbone. How much clickbait? How much third world?

770
00:36:33,200 --> 00:36:33,359
Speaker 24: Oh?

771
00:36:33,360 --> 00:36:36,600
Speaker 25: Look, there are certainly challenges Ibarked Health New Zealand to

772
00:36:36,640 --> 00:36:40,880
Speaker 25: work closely with those hospitals to find solutions. In terms

773
00:36:40,920 --> 00:36:44,040
Speaker 25: of Nelson, they've got a team going in there to

774
00:36:44,080 --> 00:36:47,160
Speaker 25: work with the local clinicians and put to plan together

775
00:36:47,200 --> 00:36:50,359
Speaker 25: to address those issues. And in terms of Gisbon, there's

776
00:36:50,360 --> 00:36:53,800
Speaker 25: an active recruitment playing in place. They've got about eleven

777
00:36:54,160 --> 00:36:57,440
Speaker 25: SMOs which have been recruited but not yet started. Another

778
00:36:57,560 --> 00:37:00,520
Speaker 25: ten to twelve in the pipeline in terms of various

779
00:37:00,520 --> 00:37:03,440
Speaker 25: to either at jobs advertised that or in the recruitment process.

780
00:37:04,000 --> 00:37:06,920
Speaker 25: So does work under way? Look, I would say, you know,

781
00:37:07,480 --> 00:37:11,239
Speaker 25: some of these unions are causing trying to cause a

782
00:37:11,280 --> 00:37:13,760
Speaker 25: lot of noise around some of these challenges and encourage

783
00:37:13,760 --> 00:37:16,640
Speaker 25: them to work closely with Health New Zealand to actually

784
00:37:16,640 --> 00:37:18,799
Speaker 25: just address the issues and get on with it.

785
00:37:18,880 --> 00:37:19,080
Speaker 11: Good.

786
00:37:19,360 --> 00:37:22,560
Speaker 2: All right, have a good weekend too, Simon Brown, Health Minister. Mike,

787
00:37:22,880 --> 00:37:24,680
Speaker 2: how is it going to affect a New Zealand company

788
00:37:24,680 --> 00:37:28,040
Speaker 2: that manufactures in China like Zoru? Good question, zeru are

789
00:37:28,040 --> 00:37:30,920
Speaker 2: in America, they're here, They're in China. If you manufacture

790
00:37:30,920 --> 00:37:33,440
Speaker 2: in China and you sell to America, you will be

791
00:37:33,480 --> 00:37:35,920
Speaker 2: tariffed sixty seven percent. The fact that they're a New

792
00:37:35,960 --> 00:37:37,800
Speaker 2: Zealand company and we know their name, is no different

793
00:37:37,800 --> 00:37:39,400
Speaker 2: from any other company in the world that does a

794
00:37:39,400 --> 00:37:41,200
Speaker 2: bit of business in China and a bit of business

795
00:37:41,440 --> 00:37:45,359
Speaker 2: in the United States. Fourteen past seven, The.

796
00:37:45,400 --> 00:37:49,799
Speaker 1: High Asking Breakfast Full Show podcast on iHeartRadio powered by

797
00:37:49,880 --> 00:37:50,640
Speaker 1: News Talks at.

798
00:37:50,560 --> 00:37:54,600
Speaker 2: B Brad Setster is a former US Department of Treasury economist,

799
00:37:54,600 --> 00:37:57,080
Speaker 2: teams with us after seven to thirty on this trade business. Mike,

800
00:37:57,120 --> 00:37:59,160
Speaker 2: does New Zealand wine now have a ten percent advantage

801
00:37:59,160 --> 00:38:02,280
Speaker 2: over French wine if exporting to the US? Shawn, Good question, Yes,

802
00:38:02,560 --> 00:38:05,600
Speaker 2: because e has been tagged twenty percent. We've been tagged ten. Mike.

803
00:38:05,920 --> 00:38:08,480
Speaker 2: How New Zealand's economy or economic recovery is going to

804
00:38:08,480 --> 00:38:10,879
Speaker 2: be affected once again. Very good question. Surely it can't

805
00:38:10,920 --> 00:38:13,880
Speaker 2: help confidence, No, it can't. It's to the tune of

806
00:38:13,920 --> 00:38:17,439
Speaker 2: about nine nine hundred million dollars, which is a lot,

807
00:38:17,480 --> 00:38:20,160
Speaker 2: but in terms of a percentage of GDP, it is

808
00:38:20,200 --> 00:38:22,080
Speaker 2: not the end of the world, right if One Circus

809
00:38:22,080 --> 00:38:24,279
Speaker 2: back in business after a week off Leam Lawson's been

810
00:38:24,280 --> 00:38:26,200
Speaker 2: the talk of the paddock, of course. He lines up

811
00:38:26,200 --> 00:38:28,480
Speaker 2: in Japan this weekend with his old Racing Balls team

812
00:38:28,480 --> 00:38:30,839
Speaker 2: now Peter Windsor been around IF one for years work

813
00:38:30,880 --> 00:38:33,880
Speaker 2: with Ferrari, was team manager for Williamsy's whether there's Peter morning.

814
00:38:35,480 --> 00:38:37,440
Speaker 11: Good morning to you, good evening from Spain.

815
00:38:37,800 --> 00:38:40,719
Speaker 2: What's your verdict on Lawson? Hard done by or has

816
00:38:40,760 --> 00:38:44,960
Speaker 2: he been looked after by his team?

817
00:38:45,440 --> 00:38:48,040
Speaker 13: I think he's been pretty well looked after, to be honest,

818
00:38:48,200 --> 00:38:52,040
Speaker 13: because we've seen drivers in this situation in the past

819
00:38:52,840 --> 00:38:55,000
Speaker 13: struggling a bit, things haven't worked out and they just

820
00:38:55,040 --> 00:38:59,560
Speaker 13: got completely dismissed from the team. They don't drive again.

821
00:39:00,000 --> 00:39:01,560
Speaker 13: I ever seen him get in Formula One. I mean

822
00:39:01,560 --> 00:39:03,080
Speaker 13: the good thing about Red Bull it is quite a

823
00:39:03,120 --> 00:39:05,120
Speaker 13: big family and they've got these two teams and here

824
00:39:05,120 --> 00:39:10,680
Speaker 13: he is you know, rebooting back at racing balls, which

825
00:39:10,719 --> 00:39:12,239
Speaker 13: is not a bad thing anyway, because they've probably got

826
00:39:12,280 --> 00:39:14,080
Speaker 13: a better car at the moment than the A team anyway.

827
00:39:14,160 --> 00:39:16,800
Speaker 2: Yeah, exactly. What's your view of him as a driver

828
00:39:17,000 --> 00:39:19,279
Speaker 2: outside looking in, where, of course all obsisted in the

829
00:39:19,320 --> 00:39:20,000
Speaker 2: side of the world.

830
00:39:21,760 --> 00:39:24,919
Speaker 13: Yeah, I'm sure you are. The New Zealand has got

831
00:39:24,960 --> 00:39:27,120
Speaker 13: a great Formula One heritage, I got to say. I

832
00:39:27,160 --> 00:39:30,880
Speaker 13: mean a massive fan of everything that you know, New

833
00:39:30,960 --> 00:39:32,799
Speaker 13: Zealand had done in Formula One over the years, from

834
00:39:32,840 --> 00:39:35,000
Speaker 13: Bruce McLaren to Chris Aam and anyway. To get to

835
00:39:35,040 --> 00:39:39,000
Speaker 13: the point, he first got my attention when he was

836
00:39:39,040 --> 00:39:41,080
Speaker 13: in Formula three and I remember watching him in the

837
00:39:41,120 --> 00:39:43,960
Speaker 13: semi wet in a race in Hungary i think it was,

838
00:39:44,040 --> 00:39:47,440
Speaker 13: and his car control was just sublime, beautiful to watch.

839
00:39:47,800 --> 00:39:50,400
Speaker 2: I remember thinking then, wow, this guy's.

840
00:39:50,160 --> 00:39:52,239
Speaker 13: Good and sort of followed him and I did an

841
00:39:52,280 --> 00:39:56,640
Speaker 13: interview with him on my YouTube channel You're not long afterwards,

842
00:39:57,239 --> 00:40:00,440
Speaker 13: and I was always a fan and still i'm a fan.

843
00:40:00,480 --> 00:40:03,719
Speaker 13: Really a great car control, very spectacular driver. I think

844
00:40:03,760 --> 00:40:08,319
Speaker 13: the problem today is that Formula One and motors Board

845
00:40:08,360 --> 00:40:10,920
Speaker 13: in general, Formula one in particular is very very data

846
00:40:11,000 --> 00:40:16,360
Speaker 13: driven very very digital, and it's lost its ability to

847
00:40:16,440 --> 00:40:18,640
Speaker 13: allow a driver just to go out and drive on

848
00:40:18,719 --> 00:40:22,719
Speaker 13: gut feel. Everything is done according to data and telemetry

849
00:40:22,719 --> 00:40:25,480
Speaker 13: overlays from the other driver in the other car, and

850
00:40:25,520 --> 00:40:27,239
Speaker 13: I think it sort of sucks the wind out of

851
00:40:27,280 --> 00:40:29,520
Speaker 13: you as a driver. And we saw that with Daniel Ricardo.

852
00:40:29,560 --> 00:40:31,400
Speaker 13: I think when he went to Reno and McLaren he

853
00:40:31,480 --> 00:40:33,160
Speaker 13: wasn't the same drive that he'd been at Red Bull,

854
00:40:33,360 --> 00:40:35,759
Speaker 13: and I think it's that with Liam. I think he's

855
00:40:35,800 --> 00:40:38,360
Speaker 13: not just he's not just going out and driving the

856
00:40:38,360 --> 00:40:40,719
Speaker 13: car as Liam Lawson wants to drive it. He's looking

857
00:40:40,719 --> 00:40:42,799
Speaker 13: at what Max with Stappan's doing on the data. He's

858
00:40:42,800 --> 00:40:44,719
Speaker 13: looking at this, he's looking at that, and I think

859
00:40:44,719 --> 00:40:47,600
Speaker 13: that's a great shame. But there are so many people

860
00:40:47,600 --> 00:40:50,040
Speaker 13: in Formula one with the jobs with important titles, most

861
00:40:50,040 --> 00:40:52,560
Speaker 13: of them managers of something. They've all got to justify

862
00:40:52,600 --> 00:40:55,719
Speaker 13: their existence, and it's all too complicated. There's too much information.

863
00:40:56,280 --> 00:40:58,840
Speaker 13: And you know, Liam's a very natural racing driver and

864
00:40:58,960 --> 00:41:01,719
Speaker 13: this needs to be allowed to get out there and race.

865
00:41:02,000 --> 00:41:02,880
Speaker 2: I enjoyed your insight.

866
00:41:02,880 --> 00:41:03,080
Speaker 11: Peter.

867
00:41:03,160 --> 00:41:05,120
Speaker 2: Listen, let's get you back on again soon. Peter Windsor

868
00:41:05,160 --> 00:41:08,200
Speaker 2: former F one team manager. For no other reason. What

869
00:41:08,239 --> 00:41:10,800
Speaker 2: Williams are doing at James Vale's at the moment is fantastic,

870
00:41:10,840 --> 00:41:14,000
Speaker 2: So Peter Windsor once worked for Williams. Good insight to

871
00:41:14,000 --> 00:41:16,399
Speaker 2: the Japanese if P one and P two. By the way,

872
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Speaker 2: practice one and practice two from Japan this afternoon seven.

873
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Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered

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00:42:26,080 --> 00:42:27,560
Speaker 2: to mark the week. Little piece of news and current

895
00:42:27,600 --> 00:42:29,640
Speaker 2: events that's hotter than the bell on opening day of

896
00:42:29,640 --> 00:42:31,959
Speaker 2: the New York Stock Exchange for newsmax. Are the Murray

897
00:42:32,000 --> 00:42:36,120
Speaker 2: Party one? They get one because they're legitimately they're because

898
00:42:36,160 --> 00:42:38,440
Speaker 2: of votes and that's democracy and you can't argue with it.

899
00:42:38,480 --> 00:42:40,200
Speaker 2: As for the rest of the performance this week, they're

900
00:42:40,200 --> 00:42:42,279
Speaker 2: a joke in an embarrassment to this country. Are the

901
00:42:42,320 --> 00:42:43,279
Speaker 2: Greens two?

902
00:42:43,600 --> 00:42:43,880
Speaker 23: Two?

903
00:42:44,200 --> 00:42:44,640
Speaker 11: Not one?

904
00:42:44,760 --> 00:42:46,400
Speaker 2: Are because they get more support in the polls and

905
00:42:46,440 --> 00:42:48,640
Speaker 2: the Murray Party, but the prospect of labor letting them

906
00:42:48,680 --> 00:42:50,920
Speaker 2: round a cabinet table, I mean, really, book my ticket

907
00:42:50,920 --> 00:42:52,479
Speaker 2: out Trump Three they.

908
00:42:52,440 --> 00:42:53,160
Speaker 9: Rip us off.

909
00:42:53,200 --> 00:42:54,640
Speaker 15: It's so sad to see.

910
00:42:55,120 --> 00:42:56,239
Speaker 11: It's so pathetic.

911
00:42:56,880 --> 00:42:59,759
Speaker 2: One better than the Greens because to counter teriffs of

912
00:42:59,800 --> 00:43:02,719
Speaker 2: other is not free trade, but it's understandable. I get it.

913
00:43:02,760 --> 00:43:05,080
Speaker 2: As for the rest of it, he's mental. The Warrior

914
00:43:05,120 --> 00:43:07,879
Speaker 2: is seven. Yes, because three in a row is three

915
00:43:07,880 --> 00:43:10,279
Speaker 2: in a row and two more points this weekend, of course,

916
00:43:10,320 --> 00:43:12,120
Speaker 2: which on the my asking score sheet is four in

917
00:43:12,160 --> 00:43:18,000
Speaker 2: a row. Clarkson's Farm seven because launch date was revealed

918
00:43:18,000 --> 00:43:20,160
Speaker 2: this week for season four it is May twenty three.

919
00:43:20,200 --> 00:43:22,160
Speaker 2: Market down. See even though there's a lot of it

920
00:43:22,200 --> 00:43:25,040
Speaker 2: about these days quality television, I reckon remains a looser

921
00:43:25,040 --> 00:43:28,640
Speaker 2: for reminding us quantity is not automatically equality. And the

922
00:43:28,680 --> 00:43:32,640
Speaker 2: America's Cup four is going to be held here. So

923
00:43:32,680 --> 00:43:34,960
Speaker 2: I wasn't a surprise and I wasn't disappointed, although in

924
00:43:35,000 --> 00:43:36,880
Speaker 2: the spirit of being open for business, I would have

925
00:43:37,040 --> 00:43:39,520
Speaker 2: liked to have seen a bit more enthusiasm from the government.

926
00:43:39,880 --> 00:43:42,000
Speaker 2: I mean, pleading poverty is a poor man's game, not

927
00:43:42,040 --> 00:43:45,239
Speaker 2: a go getter game. Hawks Bay Wine eight could be,

928
00:43:45,600 --> 00:43:47,960
Speaker 2: could be a classic, vintage, could be like twenty thirteen.

929
00:43:47,960 --> 00:43:49,799
Speaker 2: It's been an awesome summer for a lot of us, really,

930
00:43:49,800 --> 00:43:53,080
Speaker 2: hasn't it. Here's cheers. The Jobs Report too shared a

931
00:43:53,160 --> 00:43:55,000
Speaker 2: story of the week for me to have over half

932
00:43:55,040 --> 00:43:57,960
Speaker 2: the country regretting their career as a study and lack

933
00:43:58,000 --> 00:43:59,960
Speaker 2: of planning or lack of action or lack of life

934
00:44:00,239 --> 00:44:03,319
Speaker 2: life to the full the school lunch pole seven, most

935
00:44:03,360 --> 00:44:05,759
Speaker 2: of us think parents should make our kids lunches. What

936
00:44:05,800 --> 00:44:08,279
Speaker 2: that shows is most of us are still attached to

937
00:44:08,280 --> 00:44:11,160
Speaker 2: some form of reality. Cory Booker six.

938
00:44:11,440 --> 00:44:14,920
Speaker 11: Fasted for das into it. I start drinking water a long.

939
00:44:14,719 --> 00:44:17,520
Speaker 2: Time ago, achieved nothing outside of optics, But twenty five

940
00:44:17,520 --> 00:44:19,680
Speaker 2: plus hours of stem are to be admired and are

941
00:44:19,680 --> 00:44:21,560
Speaker 2: blader to be impressed by. I would have thought. That's

942
00:44:21,560 --> 00:44:23,319
Speaker 2: the week copies on the website, and everyone who works

943
00:44:23,320 --> 00:44:25,200
Speaker 2: on this, by the way, was paid the new living wage.

944
00:44:25,280 --> 00:44:27,960
Speaker 2: It was also recognized this week that when taken properly,

945
00:44:28,040 --> 00:44:31,800
Speaker 2: this is just as of effective as we're go be Husky.

946
00:44:31,960 --> 00:44:37,719
Speaker 2: Back to the terroriffs China. China has repeatedly stressed that

947
00:44:37,760 --> 00:44:40,200
Speaker 2: there are no winners in trade halls and tariff wars,

948
00:44:40,200 --> 00:44:43,080
Speaker 2: and protectionism is not away out Norway.

949
00:44:43,440 --> 00:44:43,920
Speaker 11: The most of.

950
00:44:45,600 --> 00:44:48,000
Speaker 4: The tariffs are the most serious setback to open and

951
00:44:48,120 --> 00:44:50,760
Speaker 4: free world trade we have seen since the interwar period.

952
00:44:51,280 --> 00:44:53,560
Speaker 2: France, it interests to this.

953
00:44:54,120 --> 00:44:56,680
Speaker 15: One thing is certain with the last night's decisions.

954
00:44:56,760 --> 00:45:00,680
Speaker 25: The US economy, it's businesses and citizens william it's weaker

955
00:45:00,760 --> 00:45:02,200
Speaker 25: and poorer than before.

956
00:45:02,320 --> 00:45:05,160
Speaker 11: The UK it is the beginning of a new era.

957
00:45:05,719 --> 00:45:08,279
Speaker 2: We need to understand that, just as we've understood it

958
00:45:08,280 --> 00:45:12,240
Speaker 2: for defense and security, we have to understand the changing

959
00:45:12,239 --> 00:45:15,560
Speaker 2: world when it comes to trade and the economy I Ireland.

960
00:45:15,760 --> 00:45:18,640
Speaker 16: My determination, and certainly the economists termination will be to

961
00:45:19,239 --> 00:45:21,640
Speaker 16: encourage and continue to grow the aland economy before it

962
00:45:21,680 --> 00:45:24,160
Speaker 16: hard for that over the brigs ait tobacco, and we

963
00:45:24,200 --> 00:45:26,640
Speaker 16: will fight hard again for it. In terms of where

964
00:45:26,640 --> 00:45:27,360
Speaker 16: we are now.

965
00:45:27,640 --> 00:45:30,800
Speaker 2: Former Department of Treasury economists Bread set stuff out of

966
00:45:30,840 --> 00:45:33,200
Speaker 2: the States with us after the News, which is next

967
00:45:33,400 --> 00:45:35,160
Speaker 2: on the Mike Hosking Breakfast.

968
00:45:35,640 --> 00:45:39,640
Speaker 1: New Zealand's home for trusted news and views, The Mic

969
00:45:39,719 --> 00:45:44,480
Speaker 1: Hosking Breakbit with Bailey's Real Estate, your local experts across residential,

970
00:45:44,480 --> 00:45:47,120
Speaker 1: commercial and rural news talks head be so.

971
00:45:47,160 --> 00:45:48,840
Speaker 2: I think we've covered off most of the countries that

972
00:45:48,880 --> 00:45:52,200
Speaker 2: are severely hit from various correspondents, but the Irish PM's

973
00:45:52,280 --> 00:45:52,720
Speaker 2: not happy.

974
00:45:52,840 --> 00:45:55,160
Speaker 18: There is no doubt that the imposition of tariffs by

975
00:45:55,200 --> 00:46:00,480
Speaker 18: the US will have an adverse impact. Ireland's priority is

976
00:46:00,520 --> 00:46:02,960
Speaker 18: the protection of jobs under our economy.

977
00:46:03,200 --> 00:46:05,560
Speaker 2: The US Treasury Secretary is doing his best.

978
00:46:05,920 --> 00:46:10,360
Speaker 8: Prices will go up for Americans in the short term, right.

979
00:46:10,400 --> 00:46:15,200
Speaker 26: They could, they don't have to, and the President Trump's

980
00:46:15,239 --> 00:46:20,120
Speaker 26: first administrations prices didn't go up, so the businesses don't

981
00:46:20,120 --> 00:46:23,640
Speaker 26: have to pass them on, or the producers and the

982
00:46:23,800 --> 00:46:29,880
Speaker 26: other countries can eat the tariffs, and traditionally the dollar adjusts.

983
00:46:30,160 --> 00:46:33,360
Speaker 26: So it's a very complicated calculus to see where we

984
00:46:33,480 --> 00:46:33,799
Speaker 26: end up.

985
00:46:36,040 --> 00:46:38,919
Speaker 2: Well, none of that has twenty two minutes waye for mate.

986
00:46:39,640 --> 00:46:41,560
Speaker 2: So as far as this is all concerned, do we

987
00:46:41,640 --> 00:46:45,280
Speaker 2: see retaliation? What happens next? Does it reshape global trade?

988
00:46:45,680 --> 00:46:48,239
Speaker 2: Does the Trump administration play a heavy political price for

989
00:46:48,280 --> 00:46:50,880
Speaker 2: increasing the cost of living? If not engineering a potential

990
00:46:50,840 --> 00:46:54,440
Speaker 2: resision forming US Department of Treasury economists Bread sitster is

991
00:46:54,480 --> 00:46:55,759
Speaker 2: with us bread Morning to you?

992
00:46:57,440 --> 00:47:00,319
Speaker 24: Oh well, good, good afternoon in my time, but morning

993
00:47:00,320 --> 00:47:00,640
Speaker 24: to you.

994
00:47:00,680 --> 00:47:01,480
Speaker 2: What do you make of it?

995
00:47:04,239 --> 00:47:10,719
Speaker 24: Well, it's a shockingly radical shift in policy. I mean,

996
00:47:10,719 --> 00:47:14,920
Speaker 24: I think everyone knew that President Trump wanted to raise tariffs.

997
00:47:16,320 --> 00:47:19,400
Speaker 24: But even in a context where there was an understanding

998
00:47:19,400 --> 00:47:23,720
Speaker 24: that President Trump wanted to raise tariffs, he wrote increased

999
00:47:23,760 --> 00:47:27,520
Speaker 24: tariffs on a host of trading partners by more than expected.

1000
00:47:28,600 --> 00:47:33,680
Speaker 24: This is a fundamental break in the post World War

1001
00:47:33,719 --> 00:47:39,960
Speaker 24: two US international economic policy approach and it's an enormous

1002
00:47:40,000 --> 00:47:43,120
Speaker 24: political and economic risk for President Trump. I mean, the

1003
00:47:43,160 --> 00:47:46,520
Speaker 24: magnitude of the tariff increase does, in my view, threaten

1004
00:47:46,640 --> 00:47:49,560
Speaker 24: to push the US into a recession. It's such a

1005
00:47:49,560 --> 00:47:52,840
Speaker 24: big increase, so broad based, so poorly targeted.

1006
00:47:53,600 --> 00:47:57,200
Speaker 2: Do you expect what happened yesterday to be followed by

1007
00:47:57,200 --> 00:47:59,359
Speaker 2: a lot of phone calls and a lot of negotiation

1008
00:47:59,520 --> 00:48:01,360
Speaker 2: and a lot of cobouts. And what we're seeing this

1009
00:48:01,440 --> 00:48:03,600
Speaker 2: morning is not what we'll see in a couple of months.

1010
00:48:04,880 --> 00:48:09,000
Speaker 24: Look, I think, on one hand, there's still a set

1011
00:48:09,080 --> 00:48:12,080
Speaker 24: of tariffs that are in the works that haven't yet

1012
00:48:12,080 --> 00:48:16,239
Speaker 24: been imposed, tariffs on semiconductor is, tariffs and pharmaceuticals. So

1013
00:48:16,280 --> 00:48:18,520
Speaker 24: on one hand, we know there are more terriffs in

1014
00:48:18,560 --> 00:48:21,880
Speaker 24: the works. We haven't seen the end of the tariff onslought.

1015
00:48:22,680 --> 00:48:28,000
Speaker 24: On the other hand, certainly some in the administration, not all,

1016
00:48:28,640 --> 00:48:32,200
Speaker 24: are open to the idea of negotiating some of these

1017
00:48:32,280 --> 00:48:37,480
Speaker 24: terraffs down in return for concessions from America's trading partners.

1018
00:48:37,920 --> 00:48:40,960
Speaker 24: But I think the clear signal is that you're negotiating

1019
00:48:41,000 --> 00:48:42,840
Speaker 24: the tariff down, you're not going to get the tariff

1020
00:48:43,200 --> 00:48:47,160
Speaker 24: taken off the ten percent baseline. Tariff seems to be

1021
00:48:47,600 --> 00:48:50,359
Speaker 24: a minimum that everyone's going to have to pay, and

1022
00:48:50,400 --> 00:48:54,080
Speaker 24: we don't yet know whether the administration is willing to

1023
00:48:54,080 --> 00:48:57,120
Speaker 24: do realistic deals, whether they just are going to say

1024
00:48:57,120 --> 00:49:01,000
Speaker 24: they are open to negotiation, but in practice this their

1025
00:49:01,120 --> 00:49:04,800
Speaker 24: terms are not going to be suitable for our trading partners.

1026
00:49:05,160 --> 00:49:08,399
Speaker 2: Do does the average American understand? Of course, we from

1027
00:49:08,400 --> 00:49:11,240
Speaker 2: New Zealand come from a pretty free trading sort of environment,

1028
00:49:11,480 --> 00:49:13,440
Speaker 2: and the bits we don't understand is that we've got

1029
00:49:13,480 --> 00:49:16,680
Speaker 2: a balanced trade portfolio with America. Australia's got a pretty

1030
00:49:16,719 --> 00:49:19,839
Speaker 2: balanced trade portfolio. Israel drops all their tariffs the day

1031
00:49:19,840 --> 00:49:22,600
Speaker 2: before the announcement, they still get whacked with seventeen percent.

1032
00:49:23,160 --> 00:49:27,160
Speaker 2: Does American or do Americans understand that the whole world

1033
00:49:27,280 --> 00:49:30,360
Speaker 2: is not going to relocate to America and build factories

1034
00:49:30,360 --> 00:49:33,240
Speaker 2: and build you everything you need at prices you can afford,

1035
00:49:33,520 --> 00:49:35,440
Speaker 2: and that's just basically bs.

1036
00:49:37,880 --> 00:49:37,960
Speaker 22: No.

1037
00:49:38,000 --> 00:49:42,799
Speaker 24: I don't think most Americans yet realize how radical this

1038
00:49:42,960 --> 00:49:47,680
Speaker 24: policy is, how much it's going to raise prices, how

1039
00:49:47,840 --> 00:49:50,480
Speaker 24: the cost of living, which was a big issue in

1040
00:49:50,480 --> 00:49:53,680
Speaker 24: the recent presidential election, is going to go up for

1041
00:49:53,760 --> 00:49:57,080
Speaker 24: most people. So I don't think most Americans recognize it.

1042
00:49:58,280 --> 00:50:02,680
Speaker 24: I don't think the administration recognizes how hard it's going

1043
00:50:02,760 --> 00:50:06,960
Speaker 24: to be to relocate production into the US when, as

1044
00:50:06,960 --> 00:50:10,000
Speaker 24: you said, for many goods, the US is going to

1045
00:50:10,000 --> 00:50:12,200
Speaker 24: be a high cost producer, and he's put this production

1046
00:50:12,880 --> 00:50:15,680
Speaker 24: is only going to be viable with permanent protection. So

1047
00:50:16,200 --> 00:50:19,200
Speaker 24: I do think that the costs of this policy shift

1048
00:50:19,200 --> 00:50:24,239
Speaker 24: had been underestimated. And I completely understand how countries that

1049
00:50:24,280 --> 00:50:27,600
Speaker 24: have had balance trade with the US are wondering why

1050
00:50:27,640 --> 00:50:30,359
Speaker 24: they're on this list. And I think the answer is

1051
00:50:30,400 --> 00:50:33,120
Speaker 24: that balance trade isn't enough. President Trump wants to get

1052
00:50:33,120 --> 00:50:36,879
Speaker 24: some revenue and ten percent is basically the minimum. So

1053
00:50:37,040 --> 00:50:40,560
Speaker 24: Australia should take comfort, in President Trump's view, from the

1054
00:50:40,600 --> 00:50:43,239
Speaker 24: fact that their rate is only ten percent, and the

1055
00:50:43,280 --> 00:50:45,839
Speaker 24: best probably Europe can hope to get out of negotiation

1056
00:50:46,440 --> 00:50:48,920
Speaker 24: is going from say twenty to ten. I think it's

1057
00:50:48,960 --> 00:50:50,000
Speaker 24: just a new world.

1058
00:50:50,360 --> 00:50:52,360
Speaker 2: If I don't know if this is in your wheelhouse,

1059
00:50:52,400 --> 00:50:55,480
Speaker 2: but if it gets idly economically in America and you

1060
00:50:55,560 --> 00:50:58,399
Speaker 2: got the midterms, do the Republicans freak out? And it's

1061
00:50:58,440 --> 00:51:01,000
Speaker 2: not to implode.

1062
00:51:01,640 --> 00:51:04,319
Speaker 24: I don't know they implode, but you could certainly see

1063
00:51:04,360 --> 00:51:08,920
Speaker 24: a split between the congressional Republicans, some of whom are

1064
00:51:08,920 --> 00:51:13,280
Speaker 24: not that keen on this policy privately, and President Trump.

1065
00:51:13,360 --> 00:51:16,160
Speaker 24: President Trump's all in, but I think there is yet

1066
00:51:16,280 --> 00:51:21,799
Speaker 24: still a strong contingent of traditional free trade Republicans that

1067
00:51:22,120 --> 00:51:26,520
Speaker 24: would break from President Trump. If President Trump's approval rating

1068
00:51:26,719 --> 00:51:32,000
Speaker 24: falls significantly and the Senate candidate or the House candidate

1069
00:51:32,120 --> 00:51:35,800
Speaker 24: feals like the tariffs are dragging their prospects down, that

1070
00:51:35,840 --> 00:51:39,279
Speaker 24: would be a fracture in the party. But it's the

1071
00:51:39,400 --> 00:51:42,200
Speaker 24: kind of fracture that happens when you have a president who,

1072
00:51:42,280 --> 00:51:47,160
Speaker 24: at least under conventional terms, is not up for reelection

1073
00:51:47,760 --> 00:51:51,520
Speaker 24: and his power will start to wane further into his term.

1074
00:51:51,719 --> 00:51:53,520
Speaker 2: Great to check to you, but I appreciate it very much.

1075
00:51:53,560 --> 00:51:57,040
Speaker 2: Bred sits a who's a former US Department Treasury economists.

1076
00:51:57,040 --> 00:51:59,520
Speaker 2: I'll work you through some of the worst countries most

1077
00:51:59,560 --> 00:52:04,680
Speaker 2: affect and almost mounted defense of Trump in what he's

1078
00:52:04,680 --> 00:52:07,160
Speaker 2: thinking in a moment. Seventeen to two.

1079
00:52:07,480 --> 00:52:11,919
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Power

1080
00:52:12,000 --> 00:52:12,960
Speaker 1: by News Talks at Me.

1081
00:52:14,640 --> 00:52:17,200
Speaker 2: Oh, Mike, does Foodstuffs buy its products from America? The

1082
00:52:17,200 --> 00:52:18,960
Speaker 2: price on products in the last few months must be

1083
00:52:19,000 --> 00:52:21,240
Speaker 2: due to the tariff's nest cafe instant coffee one hundred

1084
00:52:21,280 --> 00:52:23,040
Speaker 2: gram was around eight to fifty a month or two back.

1085
00:52:23,040 --> 00:52:26,000
Speaker 2: Nowadays it's twelve dollars nine as of Monday. Or was

1086
00:52:26,040 --> 00:52:29,960
Speaker 2: it just price scouching? Good question, very simple answer for

1087
00:52:30,000 --> 00:52:33,720
Speaker 2: you in a moment, right China thirty four percent tariff,

1088
00:52:34,080 --> 00:52:36,279
Speaker 2: Well depends that you said, that's the reciprocal tariff. When

1089
00:52:36,280 --> 00:52:38,160
Speaker 2: you add it to all the rest of it comes

1090
00:52:38,200 --> 00:52:41,560
Speaker 2: out at sixty seven percent. The US has a deficit

1091
00:52:41,600 --> 00:52:46,040
Speaker 2: with China of about eight hundred billion dollars a year.

1092
00:52:47,120 --> 00:52:49,680
Speaker 2: So that's where Trump sees himself being ripped off. Why

1093
00:52:49,680 --> 00:52:52,239
Speaker 2: aren't the Chinese buying more American products? So from that

1094
00:52:52,440 --> 00:52:55,640
Speaker 2: point of view, you can understand Trump's thinking saying, well,

1095
00:52:55,680 --> 00:52:58,080
Speaker 2: hold on here, we're buying all the stuff from Japan. Now,

1096
00:52:58,840 --> 00:53:01,000
Speaker 2: a purist like news Eylan would argue, well, the reason

1097
00:53:01,040 --> 00:53:03,560
Speaker 2: you're buying all the stuff from Japan is because you

1098
00:53:03,640 --> 00:53:05,759
Speaker 2: want it. You don't buy it reluctantly. You don't buy

1099
00:53:05,800 --> 00:53:07,000
Speaker 2: it because you get a gun to your head. You

1100
00:53:07,000 --> 00:53:08,319
Speaker 2: buy it because you want it. They make a whole

1101
00:53:08,320 --> 00:53:10,520
Speaker 2: bunch of stuff you're interested in buying, and that's how

1102
00:53:10,760 --> 00:53:14,680
Speaker 2: business commerce works all over the world. Park that to

1103
00:53:14,719 --> 00:53:17,280
Speaker 2: one moment. All he sees is a bottom line number.

1104
00:53:17,719 --> 00:53:20,600
Speaker 2: We buy more from them than they buy from us. Now,

1105
00:53:20,600 --> 00:53:22,239
Speaker 2: the fact that a lot of what America makes is

1106
00:53:22,280 --> 00:53:28,680
Speaker 2: crap like meat. Their meat is rubbish, it's barn raised nonsense.

1107
00:53:29,120 --> 00:53:31,480
Speaker 2: So the reason that we, for example, don't buy their

1108
00:53:31,520 --> 00:53:33,719
Speaker 2: meat is because we make better meat, and we've got

1109
00:53:33,719 --> 00:53:37,240
Speaker 2: plenty for ourselves. We don't want to buy rubbish from them.

1110
00:53:37,360 --> 00:53:39,560
Speaker 2: So park that aside as well. If you're all you're

1111
00:53:39,560 --> 00:53:42,040
Speaker 2: looking at is the bottom line. China does more business

1112
00:53:42,080 --> 00:53:44,799
Speaker 2: with American and buace business, so he wants to reciprocate.

1113
00:53:44,840 --> 00:53:47,319
Speaker 2: He wants to do something about that. So you can

1114
00:53:47,400 --> 00:53:51,040
Speaker 2: understand that from his point of view, the Soto fifty

1115
00:53:51,080 --> 00:53:56,040
Speaker 2: percent only imports two point eight million dollars worth of

1116
00:53:56,040 --> 00:53:59,719
Speaker 2: you as good, so nothing, but there is an imbalance there.

1117
00:53:59,840 --> 00:54:04,160
Speaker 2: America buys diamonds, knit women suits and non knit men suits,

1118
00:54:04,480 --> 00:54:06,480
Speaker 2: so not a lot of trade, but it's not balanced.

1119
00:54:06,520 --> 00:54:08,480
Speaker 2: So he goes right, I'm going to get you fifty percent.

1120
00:54:08,719 --> 00:54:11,080
Speaker 2: The EU major player, of course, and this is where

1121
00:54:11,120 --> 00:54:15,759
Speaker 2: it could get ugly if they retaliate. World's largest bilateral

1122
00:54:15,760 --> 00:54:18,799
Speaker 2: trade and investment relationship is with the US. It is

1123
00:54:18,880 --> 00:54:27,120
Speaker 2: worth fifteen billion dollars every day. Germany, Ireland Italy are

1124
00:54:27,120 --> 00:54:29,920
Speaker 2: the biggest exporters, so they've been whacked with twenty percent.

1125
00:54:30,080 --> 00:54:34,560
Speaker 2: The justification is the deficit is about five hundred billion dollars,

1126
00:54:34,600 --> 00:54:37,160
Speaker 2: So in other words, America buys more to the tune

1127
00:54:37,200 --> 00:54:39,359
Speaker 2: of about half a billion dollars from the EU than

1128
00:54:39,360 --> 00:54:42,600
Speaker 2: the EU buys from America. It's not faircs Trump, hence

1129
00:54:42,640 --> 00:54:45,920
Speaker 2: it's twenty percent. So you understand that Switzerland's been particularly

1130
00:54:45,960 --> 00:54:48,360
Speaker 2: badly hit. And one of the reasons you can really

1131
00:54:48,440 --> 00:54:53,160
Speaker 2: clearly understand, US has been Switzerland's biggest export market. Why

1132
00:54:53,920 --> 00:54:58,799
Speaker 2: are watches? They make roll Exes and there's a lot

1133
00:54:58,840 --> 00:55:01,440
Speaker 2: of rich Americans who buy rolex It's not just Rolllexes,

1134
00:55:01,440 --> 00:55:03,440
Speaker 2: but they make a lot of medical products, and they

1135
00:55:03,440 --> 00:55:07,120
Speaker 2: make a lot of vaccines and blood and cultures and watches.

1136
00:55:07,600 --> 00:55:09,680
Speaker 2: America doesn't do any of that. They don't make any watches.

1137
00:55:09,680 --> 00:55:11,160
Speaker 2: When was the last time you looked at an American

1138
00:55:11,200 --> 00:55:12,640
Speaker 2: watch and go, tell you what, I'll give you twenty

1139
00:55:12,680 --> 00:55:15,320
Speaker 2: thousand dollars for that. They don't do it. So Americans,

1140
00:55:15,400 --> 00:55:17,719
Speaker 2: rich Americans like to buy rolls, so they bring those

1141
00:55:17,760 --> 00:55:20,200
Speaker 2: into the country. But it's a trade in balance, hence

1142
00:55:20,200 --> 00:55:22,640
Speaker 2: he wants to rectify it. Vietnam, as we've mentioned this morning,

1143
00:55:22,719 --> 00:55:24,399
Speaker 2: is about the worst. And this is where it gets

1144
00:55:24,440 --> 00:55:26,880
Speaker 2: really complicated because you get a lot of American companies

1145
00:55:27,239 --> 00:55:31,839
Speaker 2: packed up in Vietnam. Why because the labor's cheap. So

1146
00:55:32,040 --> 00:55:35,960
Speaker 2: Trump's theory is, Nike guys are, well, all right, we'll

1147
00:55:35,960 --> 00:55:39,920
Speaker 2: move back to Minnesota and we'll make all our Jordans

1148
00:55:39,920 --> 00:55:42,439
Speaker 2: in Minnesota. So instead of you Jordan's being two underd

1149
00:55:42,440 --> 00:55:45,200
Speaker 2: in twenty bucks, there'll be eight hundred bucks. Because guess what,

1150
00:55:45,239 --> 00:55:46,960
Speaker 2: your average American wants to be paid a bit more

1151
00:55:46,960 --> 00:55:50,080
Speaker 2: than your average Vietnamese. Now, all of this, to my mind,

1152
00:55:50,200 --> 00:55:55,440
Speaker 2: is completely and utterly plain and obvious. Trump doesn't see it,

1153
00:55:55,640 --> 00:55:59,160
Speaker 2: or I strongly suspect doesn't want to see it. But

1154
00:55:59,280 --> 00:56:01,040
Speaker 2: that's what rationale is.

1155
00:56:01,320 --> 00:56:05,840
Speaker 1: Tinderwait, the Mike Hosking breakfast with the Range Rover, VI

1156
00:56:05,920 --> 00:56:07,320
Speaker 1: LA News talks dead.

1157
00:56:07,120 --> 00:56:09,879
Speaker 2: Be Trump's got a big day hit. He's just off

1158
00:56:09,880 --> 00:56:13,120
Speaker 2: to Florida to play some golf. But before he goes

1159
00:56:13,160 --> 00:56:15,399
Speaker 2: a word on you know what, I think it's going

1160
00:56:15,520 --> 00:56:15,959
Speaker 2: very well.

1161
00:56:15,960 --> 00:56:19,080
Speaker 22: It was an operation like when a patient.

1162
00:56:18,760 --> 00:56:22,319
Speaker 10: Gets operated on, and it's a big thing I.

1163
00:56:22,320 --> 00:56:23,920
Speaker 15: Said, this would exactly be.

1164
00:56:24,120 --> 00:56:24,759
Speaker 11: The way it is.

1165
00:56:25,600 --> 00:56:28,920
Speaker 17: We have six or seven trillion dollars coming into.

1166
00:56:28,719 --> 00:56:33,480
Speaker 15: Our country and we've never seen anything like it. The

1167
00:56:33,560 --> 00:56:35,520
Speaker 15: markets are going to boom, the stock is going.

1168
00:56:35,440 --> 00:56:36,560
Speaker 11: To boom, the country is going.

1169
00:56:36,560 --> 00:56:39,440
Speaker 23: To boom, and the rest of the world wants to see, is.

1170
00:56:39,400 --> 00:56:40,919
Speaker 4: There any way they can make a deal.

1171
00:56:41,880 --> 00:56:44,960
Speaker 21: They've taken advantage of us for many, many years.

1172
00:56:45,000 --> 00:56:48,000
Speaker 23: For many years, we've been at the wrong side.

1173
00:56:47,800 --> 00:56:48,279
Speaker 2: Of the ball.

1174
00:56:48,360 --> 00:56:49,919
Speaker 24: And I'll tell you what I think.

1175
00:56:49,960 --> 00:56:51,239
Speaker 11: It's going to be unbelievable.

1176
00:56:52,880 --> 00:56:57,200
Speaker 2: John thun who's the Senate majority leader, said, quote, this

1177
00:56:57,440 --> 00:57:03,040
Speaker 2: market reaction to the tariffs was not expect In that quote,

1178
00:57:03,160 --> 00:57:06,120
Speaker 2: if he believes it, it seems almost impossible to believe

1179
00:57:06,160 --> 00:57:09,240
Speaker 2: that he believes it. But if he does believe it,

1180
00:57:09,239 --> 00:57:14,920
Speaker 2: it shows you just how thick they are. Meantime, Pentagon's

1181
00:57:14,920 --> 00:57:17,560
Speaker 2: independent watchdog has announced it has agreed to a request

1182
00:57:17,600 --> 00:57:19,760
Speaker 2: from a number of senators it's launching a probe into

1183
00:57:19,760 --> 00:57:24,280
Speaker 2: the use of signal by the Defense Secretary Pete Hegseth

1184
00:57:24,960 --> 00:57:27,800
Speaker 2: and the others. So that, as I mentioned earlier on

1185
00:57:27,800 --> 00:57:29,520
Speaker 2: in the program, that's not going away. Back to the

1186
00:57:29,600 --> 00:57:32,040
Speaker 2: question around the price of coffee. The price of coffee's

1187
00:57:32,040 --> 00:57:35,040
Speaker 2: got nothing. It's not price gouging, and it's got nothing

1188
00:57:35,120 --> 00:57:39,920
Speaker 2: to do with tariffs. And it's been very heavily publicized.

1189
00:57:39,960 --> 00:57:42,560
Speaker 2: And so that's why it remains very important that you

1190
00:57:42,640 --> 00:57:46,680
Speaker 2: remain cognizant of international matters on any given day. And

1191
00:57:46,720 --> 00:57:48,840
Speaker 2: that is I thought we all knew that two things

1192
00:57:48,880 --> 00:57:50,880
Speaker 2: were happening in the world of food this year. One

1193
00:57:51,120 --> 00:57:52,960
Speaker 2: was cocoa was a problem, and that was due to

1194
00:57:52,960 --> 00:57:55,680
Speaker 2: climate change, and they've got cropping issues. So chocolate's gone

1195
00:57:55,680 --> 00:57:58,720
Speaker 2: through the roof. And coffee's the same problem. It's climate

1196
00:57:58,760 --> 00:58:02,680
Speaker 2: related demand supply it doesn't meet. The price of beans

1197
00:58:02,760 --> 00:58:06,120
Speaker 2: has gone up, speaking of which, I ordered some beans

1198
00:58:06,160 --> 00:58:08,760
Speaker 2: the other day from the place I get beans from,

1199
00:58:08,960 --> 00:58:11,080
Speaker 2: which is in Wypoo, which is a very small town

1200
00:58:11,160 --> 00:58:14,320
Speaker 2: north of Aalkland's about an hour our's drive away. Now

1201
00:58:14,360 --> 00:58:18,440
Speaker 2: that's gone up in price, not horrendously. I didn't estimate

1202
00:58:18,640 --> 00:58:20,640
Speaker 2: by a couple of dollars a bag, which is in

1203
00:58:20,680 --> 00:58:23,240
Speaker 2: a percentage terms, probably quite a lot. But nevertheless, I'm

1204
00:58:23,280 --> 00:58:26,360
Speaker 2: still talking a bag. Well, we're down. They cut them interesting.

1205
00:58:26,360 --> 00:58:28,040
Speaker 2: You should say that they used to do five hundred k,

1206
00:58:28,160 --> 00:58:31,160
Speaker 2: but five hundred grand bags. They're down to two fifties,

1207
00:58:31,760 --> 00:58:33,720
Speaker 2: and the two fifties are actually, I won't tell you

1208
00:58:33,720 --> 00:58:35,400
Speaker 2: what the two fifties are because you'll do your uge

1209
00:58:35,520 --> 00:58:39,520
Speaker 2: Oh go right, anyway, So there are two fifty backs anyway,

1210
00:58:39,560 --> 00:58:42,800
Speaker 2: the point being what has gone up is the cost

1211
00:58:42,800 --> 00:58:46,160
Speaker 2: of transporting that coffee from basically an hour's drive away

1212
00:58:46,240 --> 00:58:50,680
Speaker 2: through New Zealand post eleven dollars eighty, almost as much

1213
00:58:50,720 --> 00:58:53,200
Speaker 2: as the coffee, it seems. Which so that's gone through

1214
00:58:53,200 --> 00:58:55,760
Speaker 2: the roof. Your cost of powers gone through the roof

1215
00:58:55,760 --> 00:58:58,640
Speaker 2: because you realize that transpower have been given the clearance

1216
00:58:58,680 --> 00:59:01,520
Speaker 2: to charge you billions of dolls or us collectively billions

1217
00:59:01,520 --> 00:59:04,120
Speaker 2: of dollars so they can build some more power pylons

1218
00:59:04,160 --> 00:59:07,280
Speaker 2: and make us more resilient and stuff like that. So

1219
00:59:07,480 --> 00:59:10,439
Speaker 2: those things are still around in the economy. They're inflationary, which,

1220
00:59:10,440 --> 00:59:12,040
Speaker 2: as far as I can work out, it's a problem.

1221
00:59:12,120 --> 00:59:15,439
Speaker 27: So we know that coffee costs at least eleven dollars eighty.

1222
00:59:15,960 --> 00:59:18,600
Speaker 2: It costs i'll give it to you, it's eighteen. It's

1223
00:59:18,640 --> 00:59:21,680
Speaker 2: eighteen dollars for a two to fifty gram bag. Now

1224
00:59:22,280 --> 00:59:24,480
Speaker 2: this is where life gets slightly interesting, because you talk

1225
00:59:24,480 --> 00:59:26,720
Speaker 2: about tariffs and price increases and the cost of living

1226
00:59:26,720 --> 00:59:28,919
Speaker 2: in everything. There are certain things in life you are

1227
00:59:28,960 --> 00:59:31,040
Speaker 2: prepared to pay above the odds on because you have

1228
00:59:31,080 --> 00:59:33,600
Speaker 2: an emotional connection to them. Can I buy coffee beans cheap?

1229
00:59:33,600 --> 00:59:35,920
Speaker 2: Of course I can, probably not a lot cheaper these days,

1230
00:59:35,920 --> 00:59:37,560
Speaker 2: but at eighteen dollars, that's right up there as far

1231
00:59:37,600 --> 00:59:40,640
Speaker 2: as I can work out. But their high quality coffee beans,

1232
00:59:40,680 --> 00:59:43,440
Speaker 2: and they bring me tremendous pleasure. What price do you

1233
00:59:43,560 --> 00:59:46,520
Speaker 2: plate place on pleasure at two thirty in the morning?

1234
00:59:46,800 --> 00:59:48,800
Speaker 2: A little double the spress, So two thirty in the morning,

1235
00:59:49,120 --> 00:59:51,040
Speaker 2: I mean I'm paying eighteen dollars per two ndred fifty

1236
00:59:51,080 --> 00:59:53,320
Speaker 2: grams of that. Anyway, Tom Katie, we will do the

1237
00:59:53,360 --> 00:59:55,480
Speaker 2: week for you right after the news, which is next.

1238
00:59:55,640 --> 00:59:57,360
Speaker 2: They're on my costing breakfast.

1239
00:59:57,080 --> 01:00:02,520
Speaker 1: Time setting me gender than talking the big issues, the

1240
01:00:02,760 --> 01:00:07,480
Speaker 1: Mike Hasting breakfast with al Vida, Retirement, communities, life your Way,

1241
01:00:07,680 --> 01:00:08,280
Speaker 1: news talk.

1242
01:00:08,200 --> 01:00:08,600
Speaker 11: Sad.

1243
01:00:10,880 --> 01:00:24,000
Speaker 9: To say, flapping the trunk, Come on, come?

1244
01:00:25,120 --> 01:00:30,920
Speaker 2: Do you like deliberately trolls with this crap? This is

1245
01:00:32,120 --> 01:00:38,280
Speaker 2: Mike Hedreas. He calls himself perfume Garden. No, he doesn't

1246
01:00:38,560 --> 01:00:45,400
Speaker 2: calls himself perfume genius. True artists never stopped discovering. I

1247
01:00:45,480 --> 01:00:49,520
Speaker 2: wonder if he's discovered He's not very good. He delivers

1248
01:00:49,560 --> 01:00:53,520
Speaker 2: plenty of the cathartic revelatory moments. His work is renowned

1249
01:00:53,520 --> 01:00:57,400
Speaker 2: for lead, but the way he's work is renowned for

1250
01:00:57,440 --> 01:01:04,960
Speaker 2: anything other than my nausea. We've got eleven of these Franks,

1251
01:01:06,400 --> 01:01:09,200
Speaker 2: and in total you'll find one of them. Actually look

1252
01:01:09,200 --> 01:01:11,000
Speaker 2: at track two. Track two is called no front Teeth,

1253
01:01:12,360 --> 01:01:17,160
Speaker 2: Perhaps a sense of humor. Forty one minutes and fifteen seconds.

1254
01:01:16,840 --> 01:01:21,240
Speaker 1: Office the Week in Review with two degrees, bringing smart

1255
01:01:21,320 --> 01:01:22,800
Speaker 1: business solutions to the table.

1256
01:01:23,000 --> 01:01:25,160
Speaker 2: Let's welcome to the program, Kate Hawksby and Tim Wilson.

1257
01:01:25,200 --> 01:01:28,480
Speaker 2: Good morning, good morning, good morning.

1258
01:01:28,520 --> 01:01:28,800
Speaker 4: Does that.

1259
01:01:30,600 --> 01:01:31,160
Speaker 11: Go okay?

1260
01:01:31,480 --> 01:01:32,680
Speaker 3: I was just going to say, I cannot believe you

1261
01:01:32,760 --> 01:01:36,120
Speaker 3: sent Sam out in this weather box Auckland is experiencing

1262
01:01:36,240 --> 01:01:38,240
Speaker 3: to go get you a coffee, which I see to

1263
01:01:38,240 --> 01:01:40,320
Speaker 3: Sam was probably just blown to some of the ens

1264
01:01:40,360 --> 01:01:41,800
Speaker 3: and freezing cold by the time he got.

1265
01:01:41,720 --> 01:01:42,000
Speaker 21: Back with it.

1266
01:01:42,040 --> 01:01:42,800
Speaker 2: It's a very good point.

1267
01:01:42,840 --> 01:01:45,240
Speaker 15: And then what did what did what did he get called?

1268
01:01:45,440 --> 01:01:48,800
Speaker 15: After putting you first and getting that coffee?

1269
01:01:48,880 --> 01:01:49,840
Speaker 18: What did you call him?

1270
01:01:50,000 --> 01:01:50,720
Speaker 2: George Russell?

1271
01:01:52,240 --> 01:01:52,280
Speaker 28: No?

1272
01:01:53,080 --> 01:01:55,440
Speaker 2: I did, I said you sound like George Ruster. You're

1273
01:01:55,440 --> 01:01:58,760
Speaker 2: a mona, You're a whiner because he came back, so

1274
01:01:59,000 --> 01:02:02,240
Speaker 2: what No, just just he came back soaked. No he didn't. Well,

1275
01:02:02,280 --> 01:02:04,040
Speaker 2: he came but he claims he came backsacked, and that's

1276
01:02:04,080 --> 01:02:06,640
Speaker 2: what makes him George Russell esque because he's a whiner.

1277
01:02:07,120 --> 01:02:09,600
Speaker 2: So what happened was we had the discussion. Now this

1278
01:02:09,720 --> 01:02:11,880
Speaker 2: is where Will, our new boss, comes in, and Will

1279
01:02:12,000 --> 01:02:14,640
Speaker 2: is still trying to ingratiate himself with the team. So

1280
01:02:14,840 --> 01:02:18,280
Speaker 2: Will came in this morning, Will came up. Will came

1281
01:02:18,320 --> 01:02:21,320
Speaker 2: in this morning, because now we're a closed shop. Where

1282
01:02:21,400 --> 01:02:24,920
Speaker 2: Will came in this morning? He says, hey, guys, if

1283
01:02:24,960 --> 01:02:26,960
Speaker 2: you want a coffee this morning, I'm happy to go

1284
01:02:27,320 --> 01:02:29,320
Speaker 2: across and get it in the weather. And I thought,

1285
01:02:29,360 --> 01:02:31,520
Speaker 2: good on him. Fair enough because we've just had the conversation.

1286
01:02:31,600 --> 01:02:33,520
Speaker 2: I said to Sam, I said, what are your feelings

1287
01:02:33,640 --> 01:02:37,000
Speaker 2: visa v meteorological conditions and coffee? And he goes, and

1288
01:02:37,080 --> 01:02:39,320
Speaker 2: God bless Sam for the attitude. He said, I'm more

1289
01:02:39,360 --> 01:02:43,360
Speaker 2: than happy to go. So at that point we had

1290
01:02:43,440 --> 01:02:45,360
Speaker 2: no good attitude. I like it, and I said, of

1291
01:02:45,520 --> 01:02:48,480
Speaker 2: the two, let's go to the closer one so that

1292
01:02:48,560 --> 01:02:51,160
Speaker 2: you don't get as wet, because literally the gap between

1293
01:02:51,240 --> 01:02:53,440
Speaker 2: leaving our building and getting across the road is about

1294
01:02:53,480 --> 01:02:56,400
Speaker 2: three and a half to five meters, so at pace

1295
01:02:56,920 --> 01:02:59,200
Speaker 2: you'd barely know. It's a poor day with the atmospheric

1296
01:02:59,320 --> 01:03:03,360
Speaker 2: river where experiencing all over the country at the moment. Unfortunately,

1297
01:03:03,360 --> 01:03:05,600
Speaker 2: so it's all gone well until he came back and

1298
01:03:05,640 --> 01:03:06,800
Speaker 2: he went, oh boy.

1299
01:03:08,280 --> 01:03:08,520
Speaker 13: It's so.

1300
01:03:09,320 --> 01:03:11,560
Speaker 15: He didn't sound like that. He doesn't sound like that,

1301
01:03:11,720 --> 01:03:12,200
Speaker 15: Let's stop it.

1302
01:03:12,920 --> 01:03:16,520
Speaker 2: Then you started referring to as the bomb, bomb.

1303
01:03:16,360 --> 01:03:18,280
Speaker 3: The bomb, And I was the same as Sam. I

1304
01:03:18,360 --> 01:03:20,400
Speaker 3: didn't know until I went out in it how bad

1305
01:03:20,480 --> 01:03:23,560
Speaker 3: it is. It's really wet and blowy and miserable and

1306
01:03:23,720 --> 01:03:26,760
Speaker 3: horrible and wintery. It's just random ass. And the other

1307
01:03:26,840 --> 01:03:29,840
Speaker 3: thing I am deeply concerned about now is this coffee addiction.

1308
01:03:30,000 --> 01:03:31,480
Speaker 3: Is it spiraling a bit out of control?

1309
01:03:31,840 --> 01:03:32,680
Speaker 15: It does sound like.

1310
01:03:34,960 --> 01:03:36,400
Speaker 3: And then again during.

1311
01:03:38,440 --> 01:03:44,439
Speaker 2: Eighteen fifty's let's break that down. Let's break that down.

1312
01:03:45,360 --> 01:03:48,680
Speaker 2: First of all, the it's only on a Friday is

1313
01:03:48,800 --> 01:03:51,200
Speaker 2: my secondary one is only on a Friday, And the

1314
01:03:51,280 --> 01:03:53,320
Speaker 2: other one to start the day's to gut cleanser, and

1315
01:03:53,400 --> 01:03:55,280
Speaker 2: everybody knows cleansing your gut at the first thing in

1316
01:03:55,280 --> 01:03:57,320
Speaker 2: the morning is fantastic spikes.

1317
01:03:57,360 --> 01:03:59,280
Speaker 3: Your courtisol is what it does, and you're not meant

1318
01:03:59,280 --> 01:04:00,720
Speaker 3: to drink coffee on it empty stomach.

1319
01:04:01,080 --> 01:04:02,720
Speaker 11: But it's a thing.

1320
01:04:02,920 --> 01:04:03,640
Speaker 2: I thought you said it.

1321
01:04:05,120 --> 01:04:05,360
Speaker 26: This is.

1322
01:04:06,080 --> 01:04:10,080
Speaker 15: That's why it's so ratty, so foul mouthed and so unconscionable.

1323
01:04:10,360 --> 01:04:14,840
Speaker 28: Is because you're you're having cortisol for breakfast as opposed.

1324
01:04:14,440 --> 01:04:18,120
Speaker 2: To eighteen dollars for two fifty grams. And I would

1325
01:04:18,200 --> 01:04:20,960
Speaker 2: argue Tim in terms of coffee. In terms of certain

1326
01:04:21,000 --> 01:04:24,480
Speaker 2: things in life, you go quality over quantity or just

1327
01:04:24,560 --> 01:04:28,200
Speaker 2: sheer price. Certain things you go price petrols to an example,

1328
01:04:28,960 --> 01:04:31,479
Speaker 2: But coffee you can go a little bit extra wine,

1329
01:04:31,480 --> 01:04:33,120
Speaker 2: you can go a little bit extra cut of meat,

1330
01:04:33,160 --> 01:04:35,320
Speaker 2: you can go a little bit extra because of quality.

1331
01:04:36,560 --> 01:04:37,040
Speaker 11: I'll tell you what.

1332
01:04:37,320 --> 01:04:39,400
Speaker 15: I'll concede that if you go and say sorry to

1333
01:04:39,480 --> 01:04:41,760
Speaker 15: Sam in the break sorry.

1334
01:04:41,520 --> 01:04:44,320
Speaker 2: Sammy, I'll do it, you know, just.

1335
01:04:46,000 --> 01:04:46,240
Speaker 11: Sorry.

1336
01:04:46,520 --> 01:04:49,880
Speaker 27: Just as an impartial observat to all of this, I was.

1337
01:04:50,120 --> 01:04:51,640
Speaker 2: A really impartial Glenn Well.

1338
01:04:51,720 --> 01:04:53,800
Speaker 27: I was feeling sorry for Sam when he first came

1339
01:04:53,880 --> 01:04:57,280
Speaker 27: back and looked a little bit draggled. Yeah yeah, and

1340
01:04:58,480 --> 01:05:01,440
Speaker 27: you're blinking and that sort of thing. But then the

1341
01:05:01,560 --> 01:05:03,760
Speaker 27: very fact that he then went on to tell Kate

1342
01:05:03,920 --> 01:05:04,880
Speaker 27: in term about.

1343
01:05:04,680 --> 01:05:05,920
Speaker 2: First exactly he's a whiner.

1344
01:05:06,920 --> 01:05:09,760
Speaker 11: Yeah, I feel sorry as Geordan.

1345
01:05:10,880 --> 01:05:13,200
Speaker 15: Listen, just a whiner, he's a traitor.

1346
01:05:13,360 --> 01:05:16,000
Speaker 2: Listen to that list the radio in the F one,

1347
01:05:16,040 --> 01:05:18,240
Speaker 2: George always goes, Oh the seats really hot, seats really hot.

1348
01:05:18,280 --> 01:05:20,160
Speaker 2: Oh the seat's so hot, seats so hot. I've been

1349
01:05:20,200 --> 01:05:22,760
Speaker 2: to scratches, I've got coffee. I'm thinking wet. It's really cold.

1350
01:05:22,800 --> 01:05:25,040
Speaker 2: It's awful. It's a bomb. I'm ringing the Herald more

1351
01:05:25,080 --> 01:05:26,320
Speaker 2: shortly twelve past eight.

1352
01:05:27,600 --> 01:05:32,160
Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio, powered

1353
01:05:32,240 --> 01:05:32,960
Speaker 1: by News Talks.

1354
01:05:33,000 --> 01:05:35,600
Speaker 2: It be news Talks have been called a past eight.

1355
01:05:37,840 --> 01:05:41,760
Speaker 1: It's a weekend review with two degrees, bringing smart business

1356
01:05:41,800 --> 01:05:42,920
Speaker 1: solutions to the table.

1357
01:05:43,240 --> 01:05:45,440
Speaker 2: Sam sounds like my sixteen year old son, Mike does

1358
01:05:45,480 --> 01:05:48,480
Speaker 2: a job willingly. Then whine's about it morning. My black

1359
01:05:48,520 --> 01:05:50,720
Speaker 2: coffee in the morning is a very good antioxidant for

1360
01:05:50,800 --> 01:05:53,640
Speaker 2: your body. Tell the lady who just said it's bad

1361
01:05:53,840 --> 01:05:57,760
Speaker 2: on an empty stomach. So I tell the lady, come on,

1362
01:05:58,960 --> 01:06:01,600
Speaker 2: this is not a weather We better rain a little

1363
01:06:01,640 --> 01:06:04,640
Speaker 2: bit of wind. No right here in Christ, it's my

1364
01:06:04,720 --> 01:06:07,000
Speaker 2: beautiful stay we're waiting for you to join us.

1365
01:06:07,680 --> 01:06:12,040
Speaker 15: Than can we talk about twenty five years? Congratulations? Like

1366
01:06:12,360 --> 01:06:13,280
Speaker 15: twenty five years?

1367
01:06:13,560 --> 01:06:14,720
Speaker 28: I feel in this gag, it's it.

1368
01:06:14,920 --> 01:06:16,880
Speaker 2: Can I just say, I feel like impressive, I feel

1369
01:06:17,000 --> 01:06:19,360
Speaker 2: thank you, You're very kind. I feel sort of fraudulent

1370
01:06:19,400 --> 01:06:21,520
Speaker 2: because it's not sort of the complete story. It's just

1371
01:06:21,720 --> 01:06:24,040
Speaker 2: just at this particular place, that's all. It's kind of

1372
01:06:24,160 --> 01:06:26,520
Speaker 2: I suppose that's I mean, no one stays anywhere for

1373
01:06:26,560 --> 01:06:28,760
Speaker 2: twenty five years anymore, do they really? I guess.

1374
01:06:29,400 --> 01:06:32,240
Speaker 28: But I want to know what you were thinking that

1375
01:06:32,480 --> 01:06:35,440
Speaker 28: first morning when you sat down and you're sitting there

1376
01:06:35,560 --> 01:06:38,000
Speaker 28: waiting watching it tech back. You would have been quite young.

1377
01:06:38,040 --> 01:06:39,200
Speaker 28: You would have been what fifteen?

1378
01:06:39,520 --> 01:06:42,560
Speaker 2: So what was going through your mind April? Well, it

1379
01:06:42,680 --> 01:06:46,560
Speaker 2: was April first, twenty five years ago, but it was

1380
01:06:46,640 --> 01:06:48,800
Speaker 2: for Saturday morning. I was doing Saturday morning. That was

1381
01:06:48,840 --> 01:06:50,919
Speaker 2: all I was doing at the time, so I sort

1382
01:06:50,960 --> 01:06:53,240
Speaker 2: of probably wasn't thinking about anything. I thought, Oh, yesterday

1383
01:06:53,240 --> 01:06:55,840
Speaker 2: morning sounds fun to me. This could be good worked out.

1384
01:06:55,880 --> 01:06:59,240
Speaker 28: Okay, what would what would the twenty five years older

1385
01:06:59,400 --> 01:07:01,320
Speaker 28: Mike say that callow teenager?

1386
01:07:01,400 --> 01:07:03,640
Speaker 2: Now, well, he's not a callow teenager because I'm sixty

1387
01:07:03,720 --> 01:07:07,240
Speaker 2: minus twenty five. Work it out too. He was sixty

1388
01:07:07,280 --> 01:07:09,040
Speaker 2: even as a teenagerty five years old.

1389
01:07:10,600 --> 01:07:13,080
Speaker 15: I he's actually gotten younger, I did.

1390
01:07:13,040 --> 01:07:15,880
Speaker 2: Say earlier this morning. And it's one of those random things.

1391
01:07:16,080 --> 01:07:19,000
Speaker 2: And I regard myself as blessed because I have no

1392
01:07:19,120 --> 01:07:21,880
Speaker 2: real reason to understand why I got into radio other

1393
01:07:22,000 --> 01:07:24,320
Speaker 2: than I thought this could be fun, and as it

1394
01:07:24,360 --> 01:07:27,640
Speaker 2: turns out, it was. And also in those days, I

1395
01:07:27,680 --> 01:07:29,800
Speaker 2: didn't need to do anything to get it. I didn't

1396
01:07:29,840 --> 01:07:31,880
Speaker 2: need to go to a university or get a qualification.

1397
01:07:32,000 --> 01:07:33,560
Speaker 2: I could just, as it turns out, I could write

1398
01:07:33,840 --> 01:07:37,160
Speaker 2: three three companies and say, hey, I'm quite interested in

1399
01:07:37,280 --> 01:07:40,000
Speaker 2: doing some stuff. You got anything, And one wrote back

1400
01:07:40,040 --> 01:07:42,120
Speaker 2: and said, well, we've got this thing called copywriting, which

1401
01:07:42,160 --> 01:07:44,720
Speaker 2: is you write ads and do a test. And they

1402
01:07:44,800 --> 01:07:46,880
Speaker 2: sent me a test and I wrote some stuff down

1403
01:07:46,920 --> 01:07:48,800
Speaker 2: and they gave me a seventy two percent score, and

1404
01:07:48,840 --> 01:07:50,800
Speaker 2: I thought that's quite good. And then after they gave

1405
01:07:50,840 --> 01:07:52,480
Speaker 2: me a seventy two percent school, they said, do you

1406
01:07:52,560 --> 01:07:54,760
Speaker 2: want to come and be a junior copywriter for seven

1407
01:07:54,800 --> 01:07:57,080
Speaker 2: and a half thousand dollars a year, which was the

1408
01:07:57,160 --> 01:07:59,200
Speaker 2: minimum wage at the time in nineteen eighty two, and

1409
01:07:59,280 --> 01:08:01,800
Speaker 2: I said sure, And so that was the end of

1410
01:08:01,840 --> 01:08:08,680
Speaker 2: that rest. Could you think of carry on?

1411
01:08:09,640 --> 01:08:09,680
Speaker 15: No?

1412
01:08:09,800 --> 01:08:11,120
Speaker 3: I was just gonna say the good thing is that

1413
01:08:11,240 --> 01:08:13,320
Speaker 3: you enjoy it like it's been fun the whole way.

1414
01:08:13,400 --> 01:08:16,040
Speaker 3: I mean, COVID was testing. I'll be honest, that tested us.

1415
01:08:16,200 --> 01:08:18,559
Speaker 3: I don't know that broadcasting during COVID was a fun time.

1416
01:08:18,640 --> 01:08:19,360
Speaker 3: That was a challenge.

1417
01:08:19,479 --> 01:08:21,040
Speaker 2: Good for the races you wanted to tear your.

1418
01:08:21,000 --> 01:08:23,479
Speaker 3: Hair out, yeah, good for rating, but it.

1419
01:08:23,600 --> 01:08:27,720
Speaker 2: Was hard yards but everything was hard. Everything was hard

1420
01:08:27,800 --> 01:08:31,479
Speaker 2: yards for cod But I got I just, I just

1421
01:08:31,640 --> 01:08:34,479
Speaker 2: my My main point was I worry for people who

1422
01:08:34,600 --> 01:08:37,559
Speaker 2: have regret in something that you spend so much time

1423
01:08:37,600 --> 01:08:40,080
Speaker 2: in doing. You know, it's not like it's like I

1424
01:08:40,200 --> 01:08:42,600
Speaker 2: played golf and I regret it like WHIPPEDI do you know?

1425
01:08:42,680 --> 01:08:44,599
Speaker 2: This is your whole life. This is like eight hours

1426
01:08:44,600 --> 01:08:47,760
Speaker 2: plus per day for forty plus years. And how is

1427
01:08:47,800 --> 01:08:50,599
Speaker 2: it you possible immersed in something you're busy regretting. I mean,

1428
01:08:50,640 --> 01:08:51,280
Speaker 2: what's the point of that.

1429
01:08:52,120 --> 01:08:54,040
Speaker 3: Well, a lot of people don't have other options and choices.

1430
01:08:54,080 --> 01:08:55,600
Speaker 3: I mean, you yourself said if you didn't do this,

1431
01:08:55,720 --> 01:08:57,800
Speaker 3: you have no idea what else you would possibly do,

1432
01:08:58,040 --> 01:08:59,120
Speaker 3: And that for a lot of people.

1433
01:09:00,040 --> 01:09:02,960
Speaker 2: But if I was forced, i'd do something. So in

1434
01:09:03,000 --> 01:09:06,400
Speaker 2: other words, about been a disaster, or halfway through I'd gone,

1435
01:09:06,439 --> 01:09:09,080
Speaker 2: this is absolute crap, this is I've got to go.

1436
01:09:09,240 --> 01:09:12,240
Speaker 2: I would find something, and I probably would discover I

1437
01:09:12,479 --> 01:09:16,080
Speaker 2: like it. And you're right, I means in real estate.

1438
01:09:18,240 --> 01:09:19,200
Speaker 3: Working in a wine shop.

1439
01:09:19,400 --> 01:09:22,080
Speaker 2: Yeah, see, that's what the problem. I'd work at a

1440
01:09:22,160 --> 01:09:25,599
Speaker 2: larn shop, or I would make or i'd go work

1441
01:09:25,680 --> 01:09:26,920
Speaker 2: on the land or something like that.

1442
01:09:27,080 --> 01:09:29,640
Speaker 3: You'd be a lawnmower. You'd do people's lawns on the

1443
01:09:29,720 --> 01:09:30,000
Speaker 3: ride on.

1444
01:09:30,800 --> 01:09:31,760
Speaker 15: You'd be happy to do that.

1445
01:09:32,160 --> 01:09:34,360
Speaker 3: I watched I want to say my highlight of the

1446
01:09:34,439 --> 01:09:37,160
Speaker 3: week and my person of the week. I don't know

1447
01:09:37,240 --> 01:09:39,160
Speaker 3: that you played it on your show, but Winston Peter's

1448
01:09:39,280 --> 01:09:41,960
Speaker 3: calling the reporter a dickhead this week? Are we at

1449
01:09:42,000 --> 01:09:45,639
Speaker 3: Pete Winston? Because I think I railed against him big

1450
01:09:45,720 --> 01:09:47,880
Speaker 3: time during the election campaign. I thought he was just

1451
01:09:48,000 --> 01:09:50,640
Speaker 3: bad news, bad news, didn't want to borrow it. The

1452
01:09:50,960 --> 01:09:54,000
Speaker 3: sign of an intelligent curious mind is someone who's able

1453
01:09:54,080 --> 01:09:56,720
Speaker 3: to be open minded enough to change their mind. And

1454
01:09:56,800 --> 01:10:00,519
Speaker 3: I've completely come full circle and I just and now

1455
01:10:00,560 --> 01:10:02,639
Speaker 3: I just love everything he does and when he turns

1456
01:10:02,680 --> 01:10:04,479
Speaker 3: around and calls the reporter a dickhead. I thought, this

1457
01:10:04,680 --> 01:10:07,280
Speaker 3: is just he is at his peak, isn't he?

1458
01:10:07,439 --> 01:10:07,680
Speaker 11: I could?

1459
01:10:07,880 --> 01:10:09,519
Speaker 2: I think, do you know what it is? He's found

1460
01:10:09,600 --> 01:10:12,320
Speaker 2: his purpose and he's worked out two things. One this

1461
01:10:12,479 --> 01:10:14,960
Speaker 2: is his final chance to look like a statesman. And

1462
01:10:15,120 --> 01:10:16,960
Speaker 2: he's found his purpose. And he's on a plane every

1463
01:10:17,000 --> 01:10:19,040
Speaker 2: second day, wandering around the world, having the time of

1464
01:10:19,080 --> 01:10:21,040
Speaker 2: his life. And he's got a good work ethic, and

1465
01:10:21,120 --> 01:10:23,000
Speaker 2: he's on a good diet, and he's turning eighty, and

1466
01:10:23,040 --> 01:10:24,840
Speaker 2: he's thinking, man, I never thought i'd be here at

1467
01:10:24,880 --> 01:10:25,479
Speaker 2: the age of eighty.

1468
01:10:25,520 --> 01:10:25,960
Speaker 11: Good on me.

1469
01:10:26,120 --> 01:10:27,120
Speaker 2: And he's on a roll.

1470
01:10:28,240 --> 01:10:30,080
Speaker 3: He's very impressive for eighty, that's for sure.

1471
01:10:30,600 --> 01:10:34,040
Speaker 28: He's sure is he's a testament to Benson and Hedges

1472
01:10:34,240 --> 01:10:35,000
Speaker 28: and good Scott.

1473
01:10:35,280 --> 01:10:38,919
Speaker 2: Well, isn't it? Because my understanding, I'm getting the messages

1474
01:10:38,920 --> 01:10:42,840
Speaker 2: at the morning. I think he I think he's given

1475
01:10:42,880 --> 01:10:45,479
Speaker 2: up smoking. I might be wrong. And I was also

1476
01:10:45,560 --> 01:10:47,800
Speaker 2: told he'd pretty much given up drinking. No one really

1477
01:10:47,840 --> 01:10:50,240
Speaker 2: gives up drinking, but he's certainly given up drinking. He

1478
01:10:50,240 --> 01:10:52,720
Speaker 2: certainly hasn't turned up on this program. And this is

1479
01:10:52,760 --> 01:10:54,880
Speaker 2: the advantage of having been around for forty four years.

1480
01:10:55,320 --> 01:10:57,680
Speaker 2: He used to turn up on early morning programs like

1481
01:10:57,920 --> 01:11:00,280
Speaker 2: you knew full well that the Green Para had had

1482
01:11:00,280 --> 01:11:03,479
Speaker 2: a good night, and whereas these days you just don't

1483
01:11:03,520 --> 01:11:07,400
Speaker 2: hear it. He's too busy, to too diligent, working too hard.

1484
01:11:08,160 --> 01:11:11,160
Speaker 28: Age producers wisdom, it's actually why do we venerate the young?

1485
01:11:12,120 --> 01:11:14,000
Speaker 3: And you're talking about people who stay in the same job.

1486
01:11:14,200 --> 01:11:15,920
Speaker 3: I mean, you know you've got to take your head

1487
01:11:15,960 --> 01:11:16,680
Speaker 3: off to him, don't you.

1488
01:11:17,000 --> 01:11:20,040
Speaker 2: Yeah, because I would argue he's got other stuff.

1489
01:11:20,600 --> 01:11:23,439
Speaker 15: You could say, are so good, No, he could.

1490
01:11:23,520 --> 01:11:23,800
Speaker 11: He could.

1491
01:11:23,880 --> 01:11:28,160
Speaker 2: He could, for example, go back to law, or you

1492
01:11:28,240 --> 01:11:30,640
Speaker 2: could argue he's trapped in politics and you can't give

1493
01:11:30,720 --> 01:11:32,800
Speaker 2: up the power or whatever. But he's got other fish

1494
01:11:32,880 --> 01:11:34,720
Speaker 2: to fry. Whereas you can look at some of them

1495
01:11:34,760 --> 01:11:36,960
Speaker 2: and go, you literally wouldn't find a job if you

1496
01:11:37,000 --> 01:11:39,559
Speaker 2: weren't here, Whereas I think that doesn't apply to him.

1497
01:11:39,560 --> 01:11:42,680
Speaker 2: He's he's obviously making a contribution, and he feels.

1498
01:11:42,920 --> 01:11:46,800
Speaker 28: And courageous too, like calling out that Benjamin Doyle those

1499
01:11:46,840 --> 01:11:48,759
Speaker 28: Instagram posts absolutely correct.

1500
01:11:49,040 --> 01:11:51,120
Speaker 2: Yeah, right, Well that comes from the fact that he's

1501
01:11:51,120 --> 01:11:52,840
Speaker 2: got nothing left to lose, Like you know, take me

1502
01:11:52,920 --> 01:11:54,600
Speaker 2: for what I am, what I am like love it.

1503
01:11:54,640 --> 01:11:54,960
Speaker 11: I hate it.

1504
01:11:55,040 --> 01:11:58,120
Speaker 2: I am And I like that quick word tim about

1505
01:11:58,439 --> 01:12:02,600
Speaker 2: Shakespeare and compulsion in school. You comfortable with that or not?

1506
01:12:04,120 --> 01:12:04,720
Speaker 9: Absolutely?

1507
01:12:04,960 --> 01:12:08,680
Speaker 15: Absolutely? And there's a comment sort of yes, okay.

1508
01:12:09,520 --> 01:12:11,280
Speaker 28: Yeah, yeah, yeah, there was a comment about, oh, you know,

1509
01:12:11,360 --> 01:12:13,920
Speaker 28: they may not be able to get it. But like

1510
01:12:14,479 --> 01:12:18,800
Speaker 28: my English teacher there age thirteen, made me read T. S.

1511
01:12:18,840 --> 01:12:21,360
Speaker 28: Eliot's The Wasteland and it just blew my head apart

1512
01:12:21,800 --> 01:12:25,040
Speaker 28: and created this affection for words that i'd sort of

1513
01:12:25,560 --> 01:12:28,120
Speaker 28: not really quite understood, but it crystallized it for me.

1514
01:12:28,439 --> 01:12:30,680
Speaker 28: And so that's such a gift. I think there's a

1515
01:12:30,720 --> 01:12:32,760
Speaker 28: gift they're waiting to be unpacked. And if it has

1516
01:12:32,800 --> 01:12:34,280
Speaker 28: to be compelled, compel it.

1517
01:12:34,840 --> 01:12:35,200
Speaker 11: Caddie.

1518
01:12:36,360 --> 01:12:39,880
Speaker 3: Yeah, I'm not a fan of compulsion for kids at

1519
01:12:40,000 --> 01:12:42,080
Speaker 3: high school because I think if you are forced to

1520
01:12:42,120 --> 01:12:44,120
Speaker 3: do something, it's often not enjoyable for you, and you

1521
01:12:44,200 --> 01:12:45,920
Speaker 3: rail against it. And I think, you know, all of

1522
01:12:45,960 --> 01:12:47,960
Speaker 3: those of us who were made to do Latin. Personally,

1523
01:12:48,000 --> 01:12:49,320
Speaker 3: I enjoyed it, but there were a lot of people

1524
01:12:49,320 --> 01:12:49,640
Speaker 3: who did it.

1525
01:12:50,479 --> 01:12:50,600
Speaker 24: You know.

1526
01:12:50,640 --> 01:12:53,160
Speaker 3: I don't like being forced to do things. But Shakespeare,

1527
01:12:53,240 --> 01:12:54,960
Speaker 3: I think we don't given up.

1528
01:12:55,040 --> 01:12:57,799
Speaker 8: You make an exception yeah, yeah, I don't.

1529
01:12:57,640 --> 01:12:59,519
Speaker 3: Make an exception, but I do think that it's I mean,

1530
01:12:59,560 --> 01:13:02,000
Speaker 3: our daughter, for example, she did extra curricular Shakespeare.

1531
01:13:02,080 --> 01:13:02,880
Speaker 15: She enjoyed it so much.

1532
01:13:02,960 --> 01:13:05,559
Speaker 3: Wow, when I did extra Shakespeare workshops and plays.

1533
01:13:05,640 --> 01:13:07,400
Speaker 2: I mean, it's funny you should say that I didn't

1534
01:13:07,439 --> 01:13:09,920
Speaker 2: know that. How much else goes on at home that

1535
01:13:09,960 --> 01:13:10,599
Speaker 2: I got no idea?

1536
01:13:10,680 --> 01:13:13,160
Speaker 3: Oh my gosh, it was major.

1537
01:13:13,520 --> 01:13:13,960
Speaker 11: I don't know.

1538
01:13:14,120 --> 01:13:15,240
Speaker 3: Do you want a prize for it?

1539
01:13:15,680 --> 01:13:17,400
Speaker 11: Oh? I remember that.

1540
01:13:17,800 --> 01:13:19,560
Speaker 2: Yeah, I didn't realize it was Shakespeare. I thought it

1541
01:13:19,640 --> 01:13:21,559
Speaker 2: was something else. Anyway, listen, I got to moder you guys.

1542
01:13:21,600 --> 01:13:23,120
Speaker 2: I could stay here and talk to you forever, but

1543
01:13:23,240 --> 01:13:25,720
Speaker 2: unfortunately other things prevent me from doing so.

1544
01:13:25,880 --> 01:13:30,320
Speaker 1: A twenty three The Mic Hosking Breakfast with Bailey's Real

1545
01:13:30,439 --> 01:13:33,280
Speaker 1: Estate News talk zby Gimmis Warehouse.

1546
01:13:33,320 --> 01:13:36,599
Speaker 2: They've got qualified pharmacists, they've got the nurse immunizers available

1547
01:13:36,600 --> 01:13:39,280
Speaker 2: in store for those vaccinations and for many in our community.

1548
01:13:39,400 --> 01:13:41,680
Speaker 2: Of course, these days, the vaxes are free, you go

1549
01:13:41,800 --> 01:13:43,479
Speaker 2: in store, you can book online. Get the old flu

1550
01:13:43,560 --> 01:13:46,280
Speaker 2: vaccine before winter, and Chimmis Warehouse they're offering the flu

1551
01:13:46,320 --> 01:13:48,479
Speaker 2: vaccine for twenty two ninety nine, but it is free.

1552
01:13:48,520 --> 01:13:51,080
Speaker 2: For pregnant people, anyone over the age of sixty five,

1553
01:13:51,120 --> 01:13:53,080
Speaker 2: and those with certain chronic conditions are to book all

1554
01:13:53,120 --> 01:13:56,320
Speaker 2: for more details. Chemist Warehouse dot co dot m z

1555
01:13:57,080 --> 01:13:59,880
Speaker 2: forward slash flu gimmis Warehouse. They'll continue to open it

1556
01:14:00,320 --> 01:14:03,120
Speaker 2: and they'll close late, and they've got the pharmacists available

1557
01:14:03,160 --> 01:14:05,280
Speaker 2: on hand to dispense that advice any time you need it.

1558
01:14:05,360 --> 01:14:07,440
Speaker 2: So as they continue to open up in more communities

1559
01:14:07,439 --> 01:14:10,320
Speaker 2: across this beautiful country, Chemist Warehouse is going to continue

1560
01:14:10,320 --> 01:14:12,479
Speaker 2: their mission to make health and wellness more accessible and

1561
01:14:12,560 --> 01:14:16,120
Speaker 2: affordable for everyone every day, no matter what the future holds.

1562
01:14:16,479 --> 01:14:18,519
Speaker 2: So to find out more and to shop those unbeatable

1563
01:14:18,560 --> 01:14:21,880
Speaker 2: chemist Warehouse bargains your head in store or online and

1564
01:14:22,560 --> 01:14:27,080
Speaker 2: stop paying too much asking Mike agree with Kate one

1565
01:14:27,160 --> 01:14:29,439
Speaker 2: hundred percent. Used to really dislike Peter's but I have

1566
01:14:29,520 --> 01:14:31,400
Speaker 2: done a complete one eighty. We're lucky to have him

1567
01:14:31,400 --> 01:14:33,320
Speaker 2: as a foreign minister and as a minister who says

1568
01:14:33,520 --> 01:14:36,400
Speaker 2: what needs to be said. Are you right about Winston, Mike,

1569
01:14:36,439 --> 01:14:38,720
Speaker 2: who's hit his peak, loving what he's doing and making

1570
01:14:38,760 --> 01:14:41,680
Speaker 2: a solid contribution. Winston's on fire. See we've got so

1571
01:14:41,720 --> 01:14:43,360
Speaker 2: many a bin in my job as a lawyer, Mike

1572
01:14:43,400 --> 01:14:45,759
Speaker 2: for twenty five years. That that's different though doctors, lawyers,

1573
01:14:45,800 --> 01:14:47,599
Speaker 2: you know you train that long. Ye sort of can't

1574
01:14:47,640 --> 01:14:50,599
Speaker 2: really give it up, can you. Mike Winston's eighty Friday,

1575
01:14:50,640 --> 01:14:53,280
Speaker 2: the eleventh of April. We should sing them happy Birthday

1576
01:14:53,360 --> 01:14:55,800
Speaker 2: next Friday, shouldn't. Then when he turns eighty news for you,

1577
01:14:55,960 --> 01:14:58,160
Speaker 2: and a couple of moments, then to the campaign trail

1578
01:14:58,600 --> 01:14:59,800
Speaker 2: in Australia.

1579
01:15:01,880 --> 01:15:04,840
Speaker 1: The Breakfast Show, Kiwi's Trust to Stay in the Know,

1580
01:15:05,320 --> 01:15:09,320
Speaker 1: the Mike Hosking Breakfast with the range Rover Villa designed

1581
01:15:09,600 --> 01:15:11,639
Speaker 1: to intrigue and use togs dead b Bolly.

1582
01:15:11,680 --> 01:15:13,439
Speaker 2: Mike, do you think Liam's comment and the news is

1583
01:15:13,479 --> 01:15:16,160
Speaker 2: a little dig at Yuki? I'm bloody excited for this

1584
01:15:16,280 --> 01:15:18,280
Speaker 2: weekend's racing. Dan, I am too, And I think the

1585
01:15:18,320 --> 01:15:20,679
Speaker 2: meatia is probably over analyzing whether this is a dig

1586
01:15:20,760 --> 01:15:22,600
Speaker 2: or that's a dig and some cars are easier to

1587
01:15:22,680 --> 01:15:24,720
Speaker 2: drive and I was on a simulator and all that

1588
01:15:24,800 --> 01:15:26,560
Speaker 2: sort of stuff. It will be what it will be,

1589
01:15:26,760 --> 01:15:28,720
Speaker 2: and we wish Liam all the very best. Mike talking

1590
01:15:28,720 --> 01:15:31,280
Speaker 2: about Winston, he just loves politics. He could have made

1591
01:15:31,280 --> 01:15:32,840
Speaker 2: a lot more money as a lawyer. That's a good point.

1592
01:15:33,040 --> 01:15:35,080
Speaker 2: And he also knows more about politics than any other

1593
01:15:35,160 --> 01:15:38,000
Speaker 2: person in Parliament. That too is true. Watch Question Time

1594
01:15:38,040 --> 01:15:41,000
Speaker 2: on any given day. He's a treat Mike. There's a

1595
01:15:41,080 --> 01:15:44,479
Speaker 2: movement of people given up drinking. People have realized alcohol's

1596
01:15:44,479 --> 01:15:46,240
Speaker 2: a poison chemical and don't want to put it in

1597
01:15:46,320 --> 01:15:48,560
Speaker 2: their bodies. Your poor body has to work hard to

1598
01:15:48,600 --> 01:15:50,720
Speaker 2: process toxic chemicals, that is true. I'm living through that

1599
01:15:50,800 --> 01:15:53,920
Speaker 2: at the moment. Younger people in general, not all, but

1600
01:15:54,040 --> 01:15:57,640
Speaker 2: in general do not drink the way they used to.

1601
01:15:57,680 --> 01:16:00,280
Speaker 2: Occasionally they have a blowout, but they do not. There's

1602
01:16:00,280 --> 01:16:02,679
Speaker 2: a changing tide and there is a movement. I don't

1603
01:16:02,720 --> 01:16:05,360
Speaker 2: know how big the movement is, but there is a

1604
01:16:05,680 --> 01:16:11,000
Speaker 2: very very distinct and definite movement away from alcohol generally.

1605
01:16:11,320 --> 01:16:14,280
Speaker 2: The stats, I don't think overtly back that up, but

1606
01:16:14,520 --> 01:16:16,599
Speaker 2: you know the number of the times where you meet

1607
01:16:16,640 --> 01:16:19,720
Speaker 2: a person now that goes no, I don't drink is

1608
01:16:19,840 --> 01:16:20,759
Speaker 2: increasingly common.

1609
01:16:20,920 --> 01:16:23,400
Speaker 27: If those people are wanting to get rid of their alcohol,

1610
01:16:23,439 --> 01:16:24,960
Speaker 27: I'm happy to come around and pick it out, take

1611
01:16:25,000 --> 01:16:25,760
Speaker 27: it out, take it off them.

1612
01:16:25,840 --> 01:16:28,920
Speaker 2: And then there are people like Glenn twenty two minutes

1613
01:16:28,920 --> 01:16:29,479
Speaker 2: away from.

1614
01:16:29,360 --> 01:16:32,559
Speaker 1: Nine International Correspondence on Use Dogs.

1615
01:16:32,600 --> 01:16:36,920
Speaker 2: Evy Murray olds as well this morning, very good morning,

1616
01:16:36,960 --> 01:16:40,200
Speaker 2: Mike Veru. So he's not a It's not the sort

1617
01:16:40,240 --> 01:16:43,600
Speaker 2: of thing a friend would do, says Albanezy yesterday. And

1618
01:16:43,760 --> 01:16:47,000
Speaker 2: you tried your hardest and you enlisted Greg Norman, but

1619
01:16:47,120 --> 01:16:50,040
Speaker 2: it came to nout what's it worth to your economy?

1620
01:16:50,080 --> 01:16:50,680
Speaker 11: How bad is it?

1621
01:16:50,800 --> 01:16:53,240
Speaker 2: Doesn't affect the election campaign? And are you disappointed?

1622
01:16:54,000 --> 01:16:54,200
Speaker 14: Well?

1623
01:16:55,560 --> 01:16:57,160
Speaker 11: Where do you want to Where do you want to start?

1624
01:16:57,240 --> 01:16:58,160
Speaker 11: Greg Gorman didn't work?

1625
01:16:58,240 --> 01:17:01,360
Speaker 14: That's true, But I think look, I think Australia when

1626
01:17:01,360 --> 01:17:03,759
Speaker 14: you look at that big league table that the President

1627
01:17:03,800 --> 01:17:06,559
Speaker 14: Trump held up on the Rose Guarden, Australia got off

1628
01:17:06,600 --> 01:17:11,799
Speaker 14: pretty lightly. Ten percent, didn't touch pharmaceuticals that Australia exports,

1629
01:17:11,840 --> 01:17:16,679
Speaker 14: didn't go hard as the American pharmaceutical manufacturers wanted because

1630
01:17:16,680 --> 01:17:21,840
Speaker 14: Australian governments both sides have been subsidized buying in bulk

1631
01:17:21,920 --> 01:17:25,639
Speaker 14: and then subsidizing for the Australian population for years. Beef, yes,

1632
01:17:25,760 --> 01:17:29,720
Speaker 14: but beef is not a massive item. Well, I mean

1633
01:17:29,760 --> 01:17:31,640
Speaker 14: if you're a beef producer here, of course it is.

1634
01:17:32,160 --> 01:17:35,280
Speaker 14: I've seen different things. The beef trade itself over three

1635
01:17:35,320 --> 01:17:38,439
Speaker 14: and a half billion dollars all meat into America in

1636
01:17:38,520 --> 01:17:40,760
Speaker 14: the order of six and a half billion dollars.

1637
01:17:40,479 --> 01:17:43,000
Speaker 11: With sheep and whatnot. But look, beef.

1638
01:17:42,840 --> 01:17:46,320
Speaker 14: Producers are a bit cranky, but I mean a simple

1639
01:17:46,360 --> 01:17:48,559
Speaker 14: fact of the matter is America can't produce enough beef

1640
01:17:48,600 --> 01:17:50,560
Speaker 14: to feed its people, so it's going to have to

1641
01:17:50,600 --> 01:17:51,680
Speaker 14: get it from somewhere and.

1642
01:17:52,520 --> 01:17:53,679
Speaker 11: Ten percent maybe.

1643
01:17:53,800 --> 01:17:55,920
Speaker 14: I mean, look, there's a couple of things to take

1644
01:17:56,000 --> 01:17:57,840
Speaker 14: out of the toll tarer of thing Australia got up

1645
01:17:57,840 --> 01:18:02,640
Speaker 14: a bit lightly Anthony Albernie, I think, broadly speaking, and

1646
01:18:02,920 --> 01:18:04,920
Speaker 14: you know that I'm an Albanesey fan.

1647
01:18:05,560 --> 01:18:08,920
Speaker 11: He said, listen, it is what it is. We did

1648
01:18:09,000 --> 01:18:09,400
Speaker 11: our best.

1649
01:18:09,439 --> 01:18:11,880
Speaker 14: We couldn't get any carve outs for anything the blanket

1650
01:18:11,960 --> 01:18:15,760
Speaker 14: tariff supply worldwide, so we're now in.

1651
01:18:15,880 --> 01:18:17,520
Speaker 11: The process of trying to negotiate.

1652
01:18:18,040 --> 01:18:20,720
Speaker 14: Peter Duncan's come out and said, oh, Albanese's missing an action,

1653
01:18:20,800 --> 01:18:23,400
Speaker 14: couldn't get a phone call. I'll do a deal with Trump,

1654
01:18:23,760 --> 01:18:27,200
Speaker 14: And Dunton also said, I'll put the security relationship up

1655
01:18:27,240 --> 01:18:29,680
Speaker 14: as a bargain each chip. Well, who thinks that's a

1656
01:18:29,720 --> 01:18:32,960
Speaker 14: good idea. You've got this volatile, orange faced buffoon in

1657
01:18:33,000 --> 01:18:36,000
Speaker 14: the White House, slashing and burning. Look at Wall Street staggered,

1658
01:18:36,120 --> 01:18:40,519
Speaker 14: biggest wipe out in years, and they're alsoying what on

1659
01:18:40,640 --> 01:18:43,120
Speaker 14: Earth forwar. It's going to make goods in America more

1660
01:18:43,240 --> 01:18:46,559
Speaker 14: expensive for American consumers. You can't tell me that an

1661
01:18:46,600 --> 01:18:49,320
Speaker 14: Australian wine maker or a guy at Hawk's Bay is

1662
01:18:49,400 --> 01:18:51,240
Speaker 14: going to pull up stumps and go and make wine

1663
01:18:51,240 --> 01:18:51,679
Speaker 14: in America.

1664
01:18:51,920 --> 01:18:53,440
Speaker 11: Just I mean, it's just nonsensitive.

1665
01:18:53,760 --> 01:18:56,360
Speaker 14: And every single car part in America comes out of

1666
01:18:56,439 --> 01:18:57,400
Speaker 14: Canada or Mexico.

1667
01:18:57,760 --> 01:19:00,080
Speaker 2: And what's the point, Yeah, exactly. No, No one, if

1668
01:19:00,120 --> 01:19:02,479
Speaker 2: no one who's ever lived or pedaled in the world

1669
01:19:02,520 --> 01:19:04,439
Speaker 2: of free trade understands what he's trying to do. The

1670
01:19:04,520 --> 01:19:06,439
Speaker 2: only thing I said on the program earlier, the bit

1671
01:19:06,520 --> 01:19:11,040
Speaker 2: where American product is tariffed. He use a good example

1672
01:19:11,160 --> 01:19:14,160
Speaker 2: American product of tariffs, and there's no real reciprocal tariffs.

1673
01:19:14,240 --> 01:19:16,640
Speaker 2: I sort of get his tat for tat thinking around it.

1674
01:19:16,720 --> 01:19:19,559
Speaker 2: I understand that, But you're right about your meat. I mean,

1675
01:19:19,640 --> 01:19:22,439
Speaker 2: they don't make enough meat. Their meat is crap. They

1676
01:19:22,520 --> 01:19:24,519
Speaker 2: buy quality meat, they buy it from in New Zealand

1677
01:19:24,560 --> 01:19:26,680
Speaker 2: and Australia. They can't get enough of it. It's going

1678
01:19:26,720 --> 01:19:29,800
Speaker 2: through what you know, there's no logic to what he's

1679
01:19:29,880 --> 01:19:31,840
Speaker 2: doing is what everyone's concluded, is it?

1680
01:19:32,960 --> 01:19:35,439
Speaker 14: So now is now the time that the phone calls

1681
01:19:35,479 --> 01:19:37,800
Speaker 14: start coming, and now will he take calls from alban

1682
01:19:37,880 --> 01:19:40,560
Speaker 14: Easy and from Luxon and from other leaders around the

1683
01:19:40,600 --> 01:19:43,719
Speaker 14: world saying listen, New Zealand Australia, we don't have tariffs

1684
01:19:43,720 --> 01:19:47,320
Speaker 14: against American goods. American goods, I mean Australia has a

1685
01:19:47,479 --> 01:19:49,240
Speaker 14: trade deficit with America exactly right.

1686
01:19:49,280 --> 01:19:51,280
Speaker 11: So it's not as though we're ripping Americans off.

1687
01:19:51,439 --> 01:19:56,200
Speaker 14: No, so it is nonsensical and it just a lot

1688
01:19:56,280 --> 01:20:00,599
Speaker 14: of Australian commentators now, particularly in the Murdoch Press this morning,

1689
01:20:00,680 --> 01:20:03,719
Speaker 14: on the back of the tariff decision yesterday, Anthony Alberesi

1690
01:20:03,720 --> 01:20:06,200
Speaker 14: should be writing a big thank you note to Donald

1691
01:20:06,240 --> 01:20:10,320
Speaker 14: Trump because what he's done is energize Albanese's campaign. Albanizi,

1692
01:20:10,400 --> 01:20:12,840
Speaker 14: the Moderate Statesman, saying it is what it is. Well,

1693
01:20:12,880 --> 01:20:16,280
Speaker 14: we'll do our best for bit negotiating, Peter Dutton saying, oh,

1694
01:20:16,400 --> 01:20:18,240
Speaker 14: you've you've been missing an action, old do a deal

1695
01:20:18,280 --> 01:20:18,639
Speaker 14: with Trump.

1696
01:20:19,000 --> 01:20:21,000
Speaker 11: Well that's the that's the last thing he should be doing.

1697
01:20:21,040 --> 01:20:23,400
Speaker 14: He should be trying to calm down Mike the nervous

1698
01:20:23,520 --> 01:20:26,680
Speaker 14: Nelly's in his back bench because Peter Dutton's all these

1699
01:20:26,800 --> 01:20:29,599
Speaker 14: leaks are coming out again into the Burdock Press over here,

1700
01:20:30,000 --> 01:20:32,360
Speaker 14: all these leaks saying that Peter Dutton's not doing enough,

1701
01:20:32,400 --> 01:20:34,960
Speaker 14: he's not strong enough, there's no cut through. When can

1702
01:20:35,000 --> 01:20:36,760
Speaker 14: we see some policies with a bit of meat on

1703
01:20:36,840 --> 01:20:39,800
Speaker 14: the bone and you know, one week down, four to go.

1704
01:20:40,720 --> 01:20:43,439
Speaker 11: Time is you know, it's not it's not there.

1705
01:20:44,439 --> 01:20:46,360
Speaker 2: It's interesting you is to say that because the Canadian

1706
01:20:46,439 --> 01:20:48,200
Speaker 2: race is the one to watch as well, because Carney

1707
01:20:48,240 --> 01:20:50,080
Speaker 2: who's now the new Prime minister, that was a party

1708
01:20:50,160 --> 01:20:52,160
Speaker 2: that was going to get spanked and spanked in double

1709
01:20:52,240 --> 01:20:55,400
Speaker 2: digits and that's now suddenly they've rejuvenated the prospect of

1710
01:20:55,439 --> 01:20:59,360
Speaker 2: that particular party because of the tariffs. Economically, Murray with

1711
01:20:59,479 --> 01:21:02,000
Speaker 2: miss Buller who I watch this week and her she

1712
01:21:02,200 --> 01:21:04,880
Speaker 2: held this time around and they were expecting maybe two

1713
01:21:05,000 --> 01:21:08,000
Speaker 2: more by the end of the year with an economic impact.

1714
01:21:08,040 --> 01:21:12,240
Speaker 11: What she do well indeed, and look there's another factor

1715
01:21:12,280 --> 01:21:12,400
Speaker 11: in that.

1716
01:21:12,520 --> 01:21:15,760
Speaker 14: We we look there were three factors economic headwinds that

1717
01:21:15,840 --> 01:21:16,479
Speaker 14: were uncertain.

1718
01:21:16,520 --> 01:21:19,320
Speaker 11: On Tuesday with Donald Trump's tariff's landing.

1719
01:21:19,360 --> 01:21:22,479
Speaker 14: Forty eight hours later, we've got the federal election and

1720
01:21:22,680 --> 01:21:25,200
Speaker 14: they did not want to I'm sure they won't say

1721
01:21:25,240 --> 01:21:28,639
Speaker 14: this publicly, but I'm sure Michelle Bullock and her colleagues

1722
01:21:28,680 --> 01:21:30,560
Speaker 14: did not want to be able to, you know, to

1723
01:21:31,560 --> 01:21:34,280
Speaker 14: cut interest rates and then have one side of Australian

1724
01:21:34,320 --> 01:21:35,840
Speaker 14: politics say oh, you've just done.

1725
01:21:35,720 --> 01:21:37,640
Speaker 11: That to help the government. That would also have been

1726
01:21:37,680 --> 01:21:40,519
Speaker 11: in their mind. I'm convinced of that. And you've also

1727
01:21:40,640 --> 01:21:42,360
Speaker 11: got the idea that.

1728
01:21:43,840 --> 01:21:46,120
Speaker 14: You've got the other sort of economic stuff that we're

1729
01:21:46,160 --> 01:21:49,960
Speaker 14: looking at now after the February rate cut, for example,

1730
01:21:50,960 --> 01:21:54,080
Speaker 14: national house prices particularly in Sydney rose, and that's just

1731
01:21:54,160 --> 01:21:54,840
Speaker 14: what they don't want.

1732
01:21:54,880 --> 01:21:56,479
Speaker 11: They want to be able to get prices down.

1733
01:21:56,880 --> 01:22:00,439
Speaker 14: And you've also got there's brand new and now that

1734
01:22:00,920 --> 01:22:03,880
Speaker 14: up in New South Wales, Victoria and up in Queensland.

1735
01:22:04,360 --> 01:22:07,519
Speaker 14: People who are who are borrowing to buy a home,

1736
01:22:08,520 --> 01:22:12,360
Speaker 14: half of them now need lenders mortgage insurance. And what

1737
01:22:12,560 --> 01:22:14,960
Speaker 14: this is is normally charged with the deposit is less

1738
01:22:15,000 --> 01:22:19,200
Speaker 14: than twenty percent of the purchase price. People are struggling

1739
01:22:19,400 --> 01:22:22,759
Speaker 14: big time. Peter Dutt should stop flailing around and blaming

1740
01:22:22,840 --> 01:22:25,120
Speaker 14: Albaniez if not getting a phone call with Trump, and

1741
01:22:25,479 --> 01:22:27,240
Speaker 14: he should be focusing on cost of living.

1742
01:22:27,320 --> 01:22:29,280
Speaker 11: That's going to win the election. If he's gonna win it,

1743
01:22:29,360 --> 01:22:30,120
Speaker 11: that's going to do it.

1744
01:22:30,400 --> 01:22:33,880
Speaker 2: How engaged a people? I saw elbow fall off the

1745
01:22:33,920 --> 01:22:37,120
Speaker 2: stage yesterday, which is not it's not ideal campaigning, but

1746
01:22:37,479 --> 01:22:40,160
Speaker 2: at least he didn't hurt himself. How engaged people at

1747
01:22:40,160 --> 01:22:40,559
Speaker 2: this point?

1748
01:22:42,200 --> 01:22:42,760
Speaker 11: Good question.

1749
01:22:43,560 --> 01:22:47,000
Speaker 14: Every night the TVs have got vox pops of different

1750
01:22:47,040 --> 01:22:49,960
Speaker 14: people and look overwhelmingly hand on heart it is cost

1751
01:22:50,000 --> 01:22:50,360
Speaker 14: of living.

1752
01:22:51,200 --> 01:22:54,240
Speaker 11: Peter Dutton, for example, offering to.

1753
01:22:55,800 --> 01:22:59,400
Speaker 14: Reserve gas and you know, like natural gas, also to

1754
01:22:59,560 --> 01:23:01,840
Speaker 14: have the intralex size for twelve months.

1755
01:23:02,320 --> 01:23:05,280
Speaker 11: Well, what's that done? Well, all that's done is playing

1756
01:23:05,320 --> 01:23:06,120
Speaker 11: to Anthony Alban Easy.

1757
01:23:06,160 --> 01:23:08,640
Speaker 14: We're offering tax cuts forever in a day. So, I

1758
01:23:08,720 --> 01:23:11,920
Speaker 14: mean both of them are offering stuff that hasn't got

1759
01:23:11,960 --> 01:23:13,880
Speaker 14: any price tag attached, so that they're going to be

1760
01:23:13,920 --> 01:23:16,120
Speaker 14: borrowing all the money to pay for this stuff. A

1761
01:23:16,640 --> 01:23:19,720
Speaker 14: very interesting coming out of this election is going to

1762
01:23:19,760 --> 01:23:22,280
Speaker 14: be the huge, brand new block of people who are

1763
01:23:22,280 --> 01:23:25,280
Speaker 14: going to vote for the first time or the second time.

1764
01:23:25,320 --> 01:23:28,120
Speaker 14: I mean, they're all sort of under twenty five, under thirty,

1765
01:23:28,600 --> 01:23:32,240
Speaker 14: relatively left wing, left wing in terms of you know,

1766
01:23:32,560 --> 01:23:34,519
Speaker 14: if you listen to the right over here, Oh, they're

1767
01:23:34,520 --> 01:23:36,960
Speaker 14: all being indoctrinated in high school and universities.

1768
01:23:37,360 --> 01:23:39,960
Speaker 11: Young people just challenge. They just challenge the stuff their

1769
01:23:40,000 --> 01:23:42,519
Speaker 11: parents have been telling them. So that's where that is.

1770
01:23:42,640 --> 01:23:44,120
Speaker 11: And you know a lot of those people are going

1771
01:23:44,200 --> 01:23:44,960
Speaker 11: to vote left.

1772
01:23:47,040 --> 01:23:49,080
Speaker 2: On the more important What are you going to do

1773
01:23:49,200 --> 01:23:49,599
Speaker 2: for lunch?

1774
01:23:49,760 --> 01:23:49,880
Speaker 7: Now?

1775
01:23:50,000 --> 01:23:52,479
Speaker 2: I watched Iceberg's, which is your regular haunt for your

1776
01:23:52,520 --> 01:23:55,160
Speaker 2: share blee in your stay and I'm watching the swells

1777
01:23:55,200 --> 01:23:57,920
Speaker 2: and BONDI come in on Icebergs and destroy the place.

1778
01:23:57,920 --> 01:23:59,000
Speaker 2: Where are you going for lunch now?

1779
01:23:59,640 --> 01:24:01,360
Speaker 14: I was sitting at your table the other day, the

1780
01:24:01,439 --> 01:24:05,400
Speaker 14: Mike Husky Memorial Iceberg's luncheon table, and the thing was

1781
01:24:05,520 --> 01:24:05,960
Speaker 14: washed away.

1782
01:24:06,000 --> 01:24:06,759
Speaker 11: It was terrible.

1783
01:24:07,200 --> 01:24:10,000
Speaker 14: I mean, look, honestly, I'm looking down here now and

1784
01:24:10,320 --> 01:24:13,519
Speaker 14: well it's relatively came the beach down here at Manly.

1785
01:24:13,680 --> 01:24:14,559
Speaker 11: But I tell you, the.

1786
01:24:14,640 --> 01:24:20,080
Speaker 14: Surf, please excuse me, the surf in recent days was astronomical.

1787
01:24:20,320 --> 01:24:22,720
Speaker 11: There were still people out there riding. But I'll tell

1788
01:24:22,760 --> 01:24:24,679
Speaker 11: you what. The swell has been really, really bad.

1789
01:24:25,280 --> 01:24:27,320
Speaker 14: And what we've got now on the back of that

1790
01:24:27,520 --> 01:24:29,760
Speaker 14: bad weather system that was out in the taskm We've got,

1791
01:24:30,680 --> 01:24:33,800
Speaker 14: you know, countless tens of thousands of cattle, mainly cattle

1792
01:24:33,840 --> 01:24:36,000
Speaker 14: up in Queensland that have died. That's going to push

1793
01:24:36,080 --> 01:24:39,559
Speaker 14: meat prices up through the roof ere. You've got fences gone,

1794
01:24:39,760 --> 01:24:43,200
Speaker 14: roads gone. These some communities out there are going to

1795
01:24:43,240 --> 01:24:45,680
Speaker 14: be cut off for months because it's so flat out there.

1796
01:24:45,800 --> 01:24:48,840
Speaker 14: You've been out there. You know the terrain out there,

1797
01:24:49,120 --> 01:24:51,599
Speaker 14: all that Channel country. It's full of water and it's

1798
01:24:51,640 --> 01:24:54,320
Speaker 14: still getting some of that impact of that low pressure

1799
01:24:54,360 --> 01:24:55,759
Speaker 14: system that was out off the Tasman.

1800
01:24:55,960 --> 01:24:57,160
Speaker 11: That's a disaster up there.

1801
01:24:58,360 --> 01:25:01,400
Speaker 14: You know, if Peter Dutton wants to make some progress,

1802
01:25:01,479 --> 01:25:03,639
Speaker 14: get up there in a helicopter and promise all sorts

1803
01:25:03,640 --> 01:25:07,280
Speaker 14: of relief, go and be with a fodder convoy that's

1804
01:25:07,320 --> 01:25:08,080
Speaker 14: trying to feed these.

1805
01:25:08,000 --> 01:25:09,800
Speaker 11: Poor bloody animals that are starving out there.

1806
01:25:09,960 --> 01:25:11,599
Speaker 2: Good to have you on the program as always, Murray,

1807
01:25:11,680 --> 01:25:14,400
Speaker 2: Thanks Michle Murry Olds. It is thirteen to nine.

1808
01:25:15,760 --> 01:25:20,120
Speaker 1: The High Asking Breakfast Full Show podcast on iHeartRadio powered

1809
01:25:20,200 --> 01:25:22,120
Speaker 1: by News Talks at B A.

1810
01:25:22,080 --> 01:25:24,400
Speaker 2: Little bit of good news for you. Eleven nine hundred

1811
01:25:24,400 --> 01:25:26,960
Speaker 2: and twenty new cars were registered in March in this country,

1812
01:25:27,000 --> 01:25:29,080
Speaker 2: two point six percent year and year increase. I will

1813
01:25:29,120 --> 01:25:32,240
Speaker 2: take that seventeen point seven percent increase in registrations in February,

1814
01:25:32,320 --> 01:25:35,000
Speaker 2: so that's good. Bulk of them are passenger cars, the

1815
01:25:35,040 --> 01:25:37,800
Speaker 2: old light commercial and the heavy commercial. That's not looking

1816
01:25:37,840 --> 01:25:40,800
Speaker 2: good at the moment. Four of the five spots went

1817
01:25:40,840 --> 01:25:44,280
Speaker 2: to Utes, the Hilux, the Triton, the Nevara. Navara is

1818
01:25:44,320 --> 01:25:46,080
Speaker 2: running a lot of specials at the moment, so that's

1819
01:25:46,080 --> 01:25:47,960
Speaker 2: probably got something to do with it. So the top

1820
01:25:48,040 --> 01:25:54,280
Speaker 2: ten around the country the Swift is teen, Corolla, Celtos, Outlander, Ax, Nirvara, Triton, Highlux,

1821
01:25:54,400 --> 01:25:57,800
Speaker 2: Rave and Ranger Rangers close seven oh nine v seven

1822
01:25:57,840 --> 01:26:01,200
Speaker 2: oh five for the rav Gee that's a race nine seive.

1823
01:26:01,360 --> 01:26:04,160
Speaker 2: Could they be toppled? There's your question. Could they be toppled?

1824
01:26:04,800 --> 01:26:06,759
Speaker 2: By the way, the supply of New Zealand new vehicles

1825
01:26:06,800 --> 01:26:09,320
Speaker 2: from the US only makes up three percent of our

1826
01:26:09,400 --> 01:26:11,760
Speaker 2: vehicle imports. That's your rams and stuff like that, so

1827
01:26:12,160 --> 01:26:14,920
Speaker 2: that terriff side of the discussion is not really an issue.

1828
01:26:15,240 --> 01:26:17,840
Speaker 2: I got a very interesting letter this morning. I'll tell

1829
01:26:17,840 --> 01:26:19,880
Speaker 2: you about in the moment nine to nine, the.

1830
01:26:20,000 --> 01:26:24,599
Speaker 1: Mike asking breakfast with Vida, Retirement, Communities, News, togsad Bes.

1831
01:26:24,640 --> 01:26:26,160
Speaker 2: I've got a small thing, not a big thing, but

1832
01:26:26,240 --> 01:26:29,400
Speaker 2: a small thing about pr agencies who send you pointless crap,

1833
01:26:29,920 --> 01:26:32,040
Speaker 2: and it's often packaged in a way that didn't need

1834
01:26:32,080 --> 01:26:33,960
Speaker 2: to be packaged. And there's a lot of stuff around

1835
01:26:34,000 --> 01:26:36,840
Speaker 2: it in big boxes and earth destroying materials that they

1836
01:26:36,880 --> 01:26:39,000
Speaker 2: don't seem to care about, and inside this large box

1837
01:26:39,120 --> 01:26:41,000
Speaker 2: is just some bit of it. Anyway, this morning I

1838
01:26:41,120 --> 01:26:43,880
Speaker 2: got an album, as in a vinyl record, and it

1839
01:26:43,920 --> 01:26:45,640
Speaker 2: came with a letter. The letter is on a very

1840
01:26:45,720 --> 01:26:48,080
Speaker 2: heavy piece of paper, like a high quality piece of paper,

1841
01:26:48,600 --> 01:26:52,280
Speaker 2: and it's a typed letter, and it's You're supposed to

1842
01:26:52,360 --> 01:26:55,080
Speaker 2: think that the letter is personally signed, but it's not.

1843
01:26:55,240 --> 01:26:58,880
Speaker 2: It's just printed dear Mike, as someone whose opinion I

1844
01:26:59,000 --> 01:27:02,479
Speaker 2: truly value. I wanted you to be amongst the first

1845
01:27:02,560 --> 01:27:05,360
Speaker 2: people to hear my new album with Brandy Carlyle, who

1846
01:27:05,439 --> 01:27:08,000
Speaker 2: believes in angels. And the letter goes on for three

1847
01:27:08,080 --> 01:27:11,560
Speaker 2: paragraphs and iTANs I can't wait to hear what you

1848
01:27:11,720 --> 01:27:16,320
Speaker 2: think of it? Love Elton. So I'm supposed to think

1849
01:27:16,360 --> 01:27:19,000
Speaker 2: that Elton's personally written to me, and I'm supposed to

1850
01:27:19,080 --> 01:27:23,439
Speaker 2: go ooh, or I'm supposed to go what a waste

1851
01:27:23,600 --> 01:27:26,040
Speaker 2: of time? And do you think I'm an idiot?

1852
01:27:26,280 --> 01:27:27,439
Speaker 27: And how am I going to put that on my

1853
01:27:27,560 --> 01:27:28,559
Speaker 27: stick exactly.

1854
01:27:29,240 --> 01:27:34,080
Speaker 2: Second thing I get was from five minutes away from nine.

1855
01:27:34,640 --> 01:27:38,360
Speaker 1: Trending Now with Chemist ware House, the home of Big

1856
01:27:38,479 --> 01:27:39,880
Speaker 1: brand ftamins.

1857
01:27:39,479 --> 01:27:42,599
Speaker 2: The Mindcraft people, and there was a big tote did

1858
01:27:42,640 --> 01:27:46,120
Speaker 2: you just call it mind Craft whatever, it's a big tote.

1859
01:27:46,920 --> 01:27:49,000
Speaker 2: And inside the big tote was a sweatshirt which I'm

1860
01:27:49,040 --> 01:27:53,880
Speaker 2: not wearing and some McDonald's Minecraft stuff, which I'm also

1861
01:27:54,000 --> 01:27:56,800
Speaker 2: not using. But as Ants Ants next to me, Ants

1862
01:27:56,920 --> 01:27:58,960
Speaker 2: is loving it. I'm giving Ants or my is it

1863
01:27:59,040 --> 01:28:01,360
Speaker 2: food food Town that Sue Michael was that did the

1864
01:28:01,720 --> 01:28:05,599
Speaker 2: the chibi's, the ubi's, the b qbs qbs uh, he's

1865
01:28:05,640 --> 01:28:13,120
Speaker 2: got those whatever booth town and he's called market commissioner.

1866
01:28:13,520 --> 01:28:17,640
Speaker 2: We've got another player in Towns. Anyway, I've given it

1867
01:28:17,720 --> 01:28:19,639
Speaker 2: to him. So there was more stuff that was wasted.

1868
01:28:19,680 --> 01:28:22,719
Speaker 2: If Ants wasn't there, I would have bind all this stuff. Anyway,

1869
01:28:22,760 --> 01:28:24,720
Speaker 2: back to the movie. No one likes the movie. The

1870
01:28:24,800 --> 01:28:27,439
Speaker 2: movie's crap two hundred and sixty two million dollars to

1871
01:28:27,520 --> 01:28:30,160
Speaker 2: make the movie one star reviews left, right and center.

1872
01:28:30,240 --> 01:28:33,080
Speaker 2: Some people agree that Mamoa Black and Coolidge, who has

1873
01:28:33,120 --> 01:28:35,200
Speaker 2: starting They sort of try and say.

1874
01:28:37,880 --> 01:28:43,240
Speaker 1: In the overworld, Wow, anything you can dream about, you

1875
01:28:43,439 --> 01:28:44,080
Speaker 1: can create.

1876
01:28:44,560 --> 01:28:47,320
Speaker 2: So book all this and most of it.

1877
01:28:49,240 --> 01:28:51,559
Speaker 11: That thing doesn't understand a word you're saying.

1878
01:28:51,720 --> 01:28:58,160
Speaker 24: We're talking light here was perfect until one deck flint

1879
01:28:58,240 --> 01:29:01,919
Speaker 24: and star came a crust the nether.

1880
01:29:05,240 --> 01:29:08,000
Speaker 2: A place with no joy or creativity at all.

1881
01:29:08,520 --> 01:29:10,720
Speaker 11: You, yeah, that's it.

1882
01:29:11,280 --> 01:29:13,840
Speaker 2: So that's that's one star from most people. It's on

1883
01:29:13,960 --> 01:29:16,880
Speaker 2: at the movies now at the moment, apparently if you

1884
01:29:16,960 --> 01:29:18,880
Speaker 2: want to brave the atmospheric River to go out to

1885
01:29:18,920 --> 01:29:20,120
Speaker 2: the movie was there was there.

1886
01:29:20,040 --> 01:29:22,200
Speaker 27: A hat in the tote a Minecraft had to add

1887
01:29:22,240 --> 01:29:22,960
Speaker 27: to your No.

1888
01:29:23,720 --> 01:29:23,960
Speaker 14: There was.

1889
01:29:24,040 --> 01:29:27,479
Speaker 2: There was some McDonald's chips, not chips, No, no, there was.

1890
01:29:27,560 --> 01:29:30,200
Speaker 2: There was a plastic chip Minecraft thing. There was a

1891
01:29:30,760 --> 01:29:32,360
Speaker 2: gobbler was a gremlin?

1892
01:29:33,000 --> 01:29:38,439
Speaker 27: What with your mindcraft and your food and your gobblers?

1893
01:29:38,840 --> 01:29:42,519
Speaker 2: Anyway, I'm actually thinking of having a fire today, which is,

1894
01:29:42,600 --> 01:29:43,800
Speaker 2: I know it's a weird thing to say, but with

1895
01:29:43,920 --> 01:29:46,479
Speaker 2: the atmospheric river and I know it's I'm sitting here

1896
01:29:46,520 --> 01:29:48,519
Speaker 2: in the city, i'mand at the moment it's twenty degrees

1897
01:29:48,520 --> 01:29:51,040
Speaker 2: so that's probably a stupid idea, but it's wet, and

1898
01:29:51,200 --> 01:29:53,760
Speaker 2: I said, what not a fire? So I'll ponder that

1899
01:29:53,840 --> 01:29:55,639
Speaker 2: as I watch a p one and you can throw

1900
01:29:55,720 --> 01:29:59,439
Speaker 2: the mindcraft, the mindcraft stuff and anyway back on Monday

1901
01:30:00,040 --> 01:30:00,599
Speaker 2: Happy Days.

1902
01:30:01,840 --> 01:30:04,720
Speaker 1: For more from the mic Asking Breakfast, listen live to

1903
01:30:04,840 --> 01:30:07,880
Speaker 1: News Talk Set B from six am weekdays, or follow

1904
01:30:07,960 --> 01:30:09,480
Speaker 1: the podcast on iHeartRadio