1 00:00:00,440 --> 00:00:04,600 Speaker 1: Your source of freaking news, challenging opinion and honored facts. 2 00:00:04,760 --> 00:00:09,320 Speaker 1: The Mike Hosking Breakfast with a Veda, Retirement Communities, Life 3 00:00:09,480 --> 00:00:10,840 Speaker 1: Your Way News, togs. 4 00:00:10,640 --> 00:00:13,080 Speaker 2: Hed b Wanning and Welcome today. Food inflation adds to 5 00:00:13,119 --> 00:00:15,880 Speaker 2: our ongoing cost of living issues. Banks look like they're 6 00:00:15,960 --> 00:00:18,360 Speaker 2: lending least to small business now is that deliberate or 7 00:00:18,400 --> 00:00:20,240 Speaker 2: just a lack of demand? We got new numbers around 8 00:00:20,239 --> 00:00:22,279 Speaker 2: health and they look positive, which is good. Giny and 9 00:00:22,360 --> 00:00:25,640 Speaker 2: Mark Politics Wednesday after rape for Richard Arnold, State Side's 10 00:00:25,640 --> 00:00:29,040 Speaker 2: see price in Australia for you as well. Posky, welcome 11 00:00:29,080 --> 00:00:31,160 Speaker 2: to the day seven past six. Right for day three, 12 00:00:31,520 --> 00:00:33,400 Speaker 2: Let's deal with the economy. Two things happened to me 13 00:00:33,520 --> 00:00:35,680 Speaker 2: yesterday the food price inflation? Will that happened to us all? 14 00:00:35,720 --> 00:00:35,959 Speaker 3: Of course? 15 00:00:35,960 --> 00:00:39,200 Speaker 2: The food price inflation. It is not contained now. Why 16 00:00:39,200 --> 00:00:43,200 Speaker 2: it's increasing beyond broad inflation is a many in varied thing. 17 00:00:43,320 --> 00:00:45,920 Speaker 2: And the upside of these numbers is we can control 18 00:00:46,000 --> 00:00:47,920 Speaker 2: them to a degree. Think about it. You don't have 19 00:00:47,960 --> 00:00:50,520 Speaker 2: to buy chocolate given cocos through the roof. You don't 20 00:00:50,560 --> 00:00:53,760 Speaker 2: have to buy butter or a lot of dairy are veggies? 21 00:00:53,760 --> 00:00:56,240 Speaker 2: I noted up? This is seasonal seasonal fruit and vegies, 22 00:00:56,280 --> 00:01:00,200 Speaker 2: though generally are reasonably priced. Water, though, which was the 23 00:01:00,200 --> 00:01:02,520 Speaker 2: second thing, is not a luxury. Our bill arrived yesterday, 24 00:01:02,560 --> 00:01:04,280 Speaker 2: yet again the price is going up, this time over 25 00:01:04,319 --> 00:01:07,479 Speaker 2: seven percent. It's like the rates, it's like electricity. They're 26 00:01:07,480 --> 00:01:08,960 Speaker 2: all going up, and they're all going up beyond the 27 00:01:09,000 --> 00:01:11,680 Speaker 2: band of inflation. Now, the trouble with this is several fault. Firstly, 28 00:01:12,160 --> 00:01:15,920 Speaker 2: it is in and of itself inflationary, and it isn't productive. 29 00:01:15,959 --> 00:01:18,000 Speaker 2: In other words, we are no better off. I still 30 00:01:18,120 --> 00:01:21,800 Speaker 2: use the same water, it just cost more. Normally or ideally, 31 00:01:22,080 --> 00:01:24,000 Speaker 2: what you want is more stuff done to produce the 32 00:01:24,080 --> 00:01:26,240 Speaker 2: income to afford the bill. So the cost of living 33 00:01:26,280 --> 00:01:28,400 Speaker 2: is going up three percent and your income is going 34 00:01:28,440 --> 00:01:30,720 Speaker 2: up five percent. Where okay, we're ahead of the curve. 35 00:01:30,800 --> 00:01:34,480 Speaker 2: This sadly is not happening. So we have most likely 36 00:01:34,880 --> 00:01:37,120 Speaker 2: no growth driving the economy at the moment, and yet 37 00:01:37,120 --> 00:01:40,000 Speaker 2: we have increasing cost to operate that non productive economy 38 00:01:40,160 --> 00:01:44,160 Speaker 2: that my friends, is called stagflation. So can we control 39 00:01:44,280 --> 00:01:46,720 Speaker 2: Israel attacking Iran and the oil price spiking? 40 00:01:46,800 --> 00:01:46,880 Speaker 3: No? 41 00:01:47,440 --> 00:01:49,920 Speaker 2: Can we control the cost of shipping through troubled Middle 42 00:01:49,960 --> 00:01:50,600 Speaker 2: Eastern waters? 43 00:01:50,640 --> 00:01:50,720 Speaker 4: No? 44 00:01:51,280 --> 00:01:54,200 Speaker 2: But can we control to some degree this incessant cost 45 00:01:54,240 --> 00:01:57,320 Speaker 2: plus accounting that's going on domestically by people who got 46 00:01:57,320 --> 00:02:00,800 Speaker 2: the taste of price increases during COVID and basically stopped. Well, 47 00:02:00,840 --> 00:02:03,080 Speaker 2: you would hope so, because this is a government thing, 48 00:02:03,120 --> 00:02:06,320 Speaker 2: a central government thing, especially given a lot of these businesses, 49 00:02:06,360 --> 00:02:09,680 Speaker 2: whether the power companies or water agencies or councils, have 50 00:02:09,760 --> 00:02:13,359 Speaker 2: a major central government input. If the banks were right 51 00:02:13,480 --> 00:02:16,280 Speaker 2: yesterday upon the release of the services sected numbers when 52 00:02:16,280 --> 00:02:19,520 Speaker 2: they said this was an economy in recession again, price 53 00:02:19,680 --> 00:02:23,239 Speaker 2: rises in food and water aren't helping what is becoming 54 00:02:23,320 --> 00:02:25,200 Speaker 2: an alarmingly large hole. 55 00:02:26,919 --> 00:02:29,400 Speaker 1: News of the world in ninety seconds. 56 00:02:31,520 --> 00:02:33,440 Speaker 2: I'll come back to the shipping in Hamus in just 57 00:02:33,560 --> 00:02:39,400 Speaker 2: a couple of moments. No, I haven't got the I've 58 00:02:39,440 --> 00:02:41,560 Speaker 2: thrown it out. We seem to be some sort of 59 00:02:41,880 --> 00:02:44,840 Speaker 2: weird holding pattern on this new war. Trump bailed on 60 00:02:44,880 --> 00:02:47,120 Speaker 2: the G seven to get back to the situation room 61 00:02:47,160 --> 00:02:48,880 Speaker 2: of pinches today a real. 62 00:02:48,760 --> 00:02:54,480 Speaker 5: Ad otassy sire or giving up entirely if a certainly 63 00:02:54,560 --> 00:02:55,280 Speaker 5: a past. 64 00:02:57,520 --> 00:02:59,120 Speaker 1: Give up that's passd. 65 00:03:00,040 --> 00:03:02,440 Speaker 2: The British goes starmer still in Canada. He's got a theory. 66 00:03:02,600 --> 00:03:04,840 Speaker 6: I sat next to the President for that to our 67 00:03:04,960 --> 00:03:07,880 Speaker 6: discussion as we were working through not just the issues 68 00:03:07,880 --> 00:03:10,880 Speaker 6: but the statement itself. So you're not worried about escalation, 69 00:03:11,320 --> 00:03:13,080 Speaker 6: I'm clear that we need to be. 70 00:03:13,680 --> 00:03:14,960 Speaker 7: Are you worried about escalation? 71 00:03:15,200 --> 00:03:18,520 Speaker 2: So I'm worried about escalation? Deferentse Secretary probably speaks for 72 00:03:18,560 --> 00:03:19,000 Speaker 2: most of us. 73 00:03:19,120 --> 00:03:23,800 Speaker 6: I repeat the calls on all sides to show restraint 74 00:03:24,120 --> 00:03:28,640 Speaker 6: this afternoon, because a diplomatic resolution rather than military action, 75 00:03:29,639 --> 00:03:33,560 Speaker 6: really is the only route to lasting stability in the region. 76 00:03:33,880 --> 00:03:35,960 Speaker 2: The Iranians running the usual line about nukes. 77 00:03:36,000 --> 00:03:39,160 Speaker 8: It's not only for international obligation. This is our religious 78 00:03:39,200 --> 00:03:43,600 Speaker 8: teachings that all of the mass destruction beapen is prohibit 79 00:03:43,640 --> 00:03:49,480 Speaker 8: are prohibited in according to the Shia, Sherry and Islamic fact. Yes, 80 00:03:49,560 --> 00:03:50,520 Speaker 8: that's the fact. 81 00:03:50,680 --> 00:03:53,320 Speaker 2: As far as another war goes as the Middle East war, 82 00:03:53,400 --> 00:03:55,640 Speaker 2: the Medico is still sick of being shot at in Gaza. 83 00:03:55,720 --> 00:03:59,040 Speaker 9: The United Nations know what has to be done in Gaza. 84 00:03:59,240 --> 00:04:01,440 Speaker 9: We know how to liver care, we know how to 85 00:04:01,440 --> 00:04:04,480 Speaker 9: support partners, We know how to do our job. But 86 00:04:04,920 --> 00:04:07,840 Speaker 9: to make the very best of our presence here, we 87 00:04:07,960 --> 00:04:09,880 Speaker 9: have to be allowed and facilitated. 88 00:04:10,440 --> 00:04:12,800 Speaker 2: The in state side, they've got a police briefing on 89 00:04:12,840 --> 00:04:14,560 Speaker 2: the hill to day after the Minnesota attack as to 90 00:04:14,600 --> 00:04:16,760 Speaker 2: whether being a politician was getting too dangerous and whether 91 00:04:16,880 --> 00:04:18,000 Speaker 2: enough protection was in place. 92 00:04:18,040 --> 00:04:20,240 Speaker 10: How would you characterize the briefing that you had just 93 00:04:20,320 --> 00:04:21,160 Speaker 10: now sobering? 94 00:04:21,960 --> 00:04:25,960 Speaker 11: Why that the threat, the threat to public officials and 95 00:04:25,960 --> 00:04:28,320 Speaker 11: the families is very real and very widespread. 96 00:04:28,760 --> 00:04:29,920 Speaker 12: Is enough being done right now? 97 00:04:30,000 --> 00:04:32,200 Speaker 3: No one needs to be done well. 98 00:04:32,240 --> 00:04:36,920 Speaker 2: We're discussing that finally, airline of wartime, Kata Guitari Waves 99 00:04:36,960 --> 00:04:39,760 Speaker 2: has been named the world's best dairline again ninth time, 100 00:04:40,040 --> 00:04:42,599 Speaker 2: best Middle East airline obviously, as well as best business class. 101 00:04:42,600 --> 00:04:45,880 Speaker 2: That's the sweet Singapore second along with best cabin crew. 102 00:04:45,920 --> 00:04:48,200 Speaker 2: They got the best first class and the best airline 103 00:04:48,240 --> 00:04:51,240 Speaker 2: in Asia. Care papers I because third Emirates of fourth, 104 00:04:51,360 --> 00:04:53,360 Speaker 2: A and A all Nippon Airways are fifteen in New 105 00:04:53,440 --> 00:04:57,880 Speaker 2: Zealand didn't quite make the top twenty. That is News 106 00:04:57,880 --> 00:05:00,560 Speaker 2: of the World in ninety sixes underline what I was 107 00:05:00,600 --> 00:05:02,960 Speaker 2: saying about the shipping a moment ago. The Shipowners Association 108 00:05:03,120 --> 00:05:06,000 Speaker 2: globally speaking, the Strait of Hormusa is becoming increasingly, as 109 00:05:06,040 --> 00:05:08,080 Speaker 2: we speak, a problem, and what happens in that particular 110 00:05:08,080 --> 00:05:10,200 Speaker 2: part of the world is one you avoid it completely, 111 00:05:10,880 --> 00:05:13,240 Speaker 2: or if you're going to hang around the area, their 112 00:05:13,240 --> 00:05:15,839 Speaker 2: freight rates go up and the crew wages often rise. 113 00:05:15,960 --> 00:05:18,520 Speaker 2: And that is as we speak, what is happening. So 114 00:05:18,760 --> 00:05:20,280 Speaker 2: watch out for the price of oil and the price 115 00:05:20,320 --> 00:05:22,960 Speaker 2: of the cost of living generally. Twelve past six. 116 00:05:25,200 --> 00:05:30,040 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 117 00:05:30,080 --> 00:05:31,400 Speaker 1: by News Talk Zippy. 118 00:05:33,120 --> 00:05:36,359 Speaker 2: Fun Fact Wednesday, Amazon Prime Day is now going to 119 00:05:36,360 --> 00:05:38,240 Speaker 2: be four days. I suppose that was inevitable, wasn't it 120 00:05:38,320 --> 00:05:41,120 Speaker 2: July eighth through eleven. So it's designed to lure you 121 00:05:41,200 --> 00:05:43,560 Speaker 2: and to pay a sub but basically Prime Day's gone 122 00:05:43,600 --> 00:05:48,120 Speaker 2: from one day to four days. Fifteen past six, speaking 123 00:05:48,120 --> 00:05:51,200 Speaker 2: of which, from Grigsmith from Devon Funds Management, Grigsmith, morning 124 00:05:51,240 --> 00:05:54,159 Speaker 2: to you, Morning to Mike. Yeah, those retail numbers this morning. 125 00:05:54,200 --> 00:05:56,440 Speaker 2: The States don't look good, do they. Yeah, that's right. 126 00:05:56,480 --> 00:05:58,480 Speaker 13: So the Americans are definitely pulled back from that pre 127 00:05:58,600 --> 00:06:02,920 Speaker 13: Tiff spinning splurge. You look at May down point nine percent. 128 00:06:03,880 --> 00:06:05,839 Speaker 13: It's more than the point one percent four in April. 129 00:06:05,839 --> 00:06:08,440 Speaker 13: It's the first back to back declines since the end 130 00:06:08,480 --> 00:06:11,520 Speaker 13: of twenty twenty three, so also more than the point 131 00:06:11,520 --> 00:06:15,120 Speaker 13: six percent decline that was expected, So were they not? 132 00:06:15,279 --> 00:06:17,560 Speaker 13: Spending on cars is one thing that was down three 133 00:06:17,640 --> 00:06:21,359 Speaker 13: and a half percent. More positively, take out cars and 134 00:06:21,400 --> 00:06:25,039 Speaker 13: take out restaurants spend was upo point four percent. But yeah, 135 00:06:25,080 --> 00:06:28,320 Speaker 13: overall America consume consumes look a bit nervous about what 136 00:06:28,440 --> 00:06:30,960 Speaker 13: lies ahead, and I suppose they could be forgiven for that. 137 00:06:31,120 --> 00:06:34,040 Speaker 13: So they're saving rather than splashing the cash at shops 138 00:06:34,040 --> 00:06:37,040 Speaker 13: and malls it seems, but actually go against the recent 139 00:06:37,080 --> 00:06:39,320 Speaker 13: consumer serves, which would be a bit more positive. We 140 00:06:39,320 --> 00:06:42,120 Speaker 13: talked about that on Monday. But yeah, there's lots of uncertadies. 141 00:06:42,120 --> 00:06:45,240 Speaker 13: Obviously there's tariffs, is inflation and where interest rates are heading, 142 00:06:45,240 --> 00:06:47,000 Speaker 13: and now we've god to obviously a conflict in the 143 00:06:47,000 --> 00:06:49,040 Speaker 13: Middle East and surging all process to the also have 144 00:06:49,080 --> 00:06:52,599 Speaker 13: to see how that affects things, but certainly important consumer accunts. 145 00:06:52,640 --> 00:06:55,720 Speaker 13: With seventy percent of the world's largest economy, this report 146 00:06:55,720 --> 00:06:58,000 Speaker 13: covers around about a third of consumers spending the rest 147 00:06:58,520 --> 00:07:00,839 Speaker 13: on services, So yeah, it's going to be a factor 148 00:07:00,920 --> 00:07:03,320 Speaker 13: for the Central Bank officials to consider the FED meaning 149 00:07:03,320 --> 00:07:07,080 Speaker 13: of courses underway. Some suggestions that this report alone could 150 00:07:07,120 --> 00:07:10,200 Speaker 13: give them room to take a more dubvish stance, which 151 00:07:10,200 --> 00:07:12,320 Speaker 13: he also had some other data mite than industrial production 152 00:07:12,440 --> 00:07:15,520 Speaker 13: that contracted for the second time in three months. So 153 00:07:16,000 --> 00:07:18,240 Speaker 13: it could be a cautious tone to percentings. 154 00:07:18,240 --> 00:07:19,920 Speaker 2: They might all right, and then we come back home 155 00:07:19,960 --> 00:07:21,840 Speaker 2: and then we've got food prices here as well. 156 00:07:22,040 --> 00:07:23,880 Speaker 13: Yeah, as you say that, it certainly is a concern. 157 00:07:24,000 --> 00:07:25,960 Speaker 13: Up four point four percent of twelve months to May. 158 00:07:26,040 --> 00:07:28,360 Speaker 13: It's up to three point seven percent increase in the 159 00:07:28,400 --> 00:07:31,640 Speaker 13: twelve months to April. So grocery food, meat that drove 160 00:07:32,040 --> 00:07:34,880 Speaker 13: things up, both up over five percent. Yeah, it's pretty 161 00:07:34,880 --> 00:07:36,840 Speaker 13: incredibly you look at some of those prices, so milk 162 00:07:37,200 --> 00:07:41,080 Speaker 13: up fifteen percent annually, butter fifty one percent annually. If 163 00:07:41,120 --> 00:07:43,280 Speaker 13: you look at early twenty twenty four, it's almost doubled, 164 00:07:43,640 --> 00:07:47,360 Speaker 13: cheese thirty percent annually. Meat prices are also on the 165 00:07:47,600 --> 00:07:51,640 Speaker 13: beef steak, beef mints up eighteen point six percent thirteen 166 00:07:51,640 --> 00:07:54,120 Speaker 13: percent respectively. So we talk about obviously the eggy sector 167 00:07:54,160 --> 00:07:56,720 Speaker 13: and this is all good news for Kiwi farmers, but yeah, 168 00:07:56,720 --> 00:07:58,560 Speaker 13: the price of things just keep going up, so not 169 00:07:58,640 --> 00:08:02,160 Speaker 13: good news for Kiwi shoppers. Food price is up point 170 00:08:02,240 --> 00:08:04,320 Speaker 13: five percent on the month. That was after a point 171 00:08:04,400 --> 00:08:07,480 Speaker 13: eight percent rise in April. So yeah, everything's just getting 172 00:08:07,520 --> 00:08:11,800 Speaker 13: more expensive, isn't it. Tomatoes, evocado's cucumber, and on the 173 00:08:11,840 --> 00:08:14,400 Speaker 13: meat side, chicken nuggets and lamb, you know that's going 174 00:08:14,480 --> 00:08:14,960 Speaker 13: up as well. 175 00:08:15,160 --> 00:08:16,480 Speaker 2: Just pretty incredible. 176 00:08:16,520 --> 00:08:19,240 Speaker 13: They will take some positive news. They might rent inflation 177 00:08:19,680 --> 00:08:22,560 Speaker 13: two point eight percent. Only that sounds high, but it's 178 00:08:22,560 --> 00:08:25,080 Speaker 13: after a three percent increase in April. It's actually the 179 00:08:25,200 --> 00:08:30,360 Speaker 13: lowest increase for rent since January twenty fifteen, when they 180 00:08:30,360 --> 00:08:32,480 Speaker 13: increased by the same amount, so staggeringly, I thought this 181 00:08:32,480 --> 00:08:35,760 Speaker 13: was pretty amazing. Annual rent prices haven't been below two 182 00:08:36,160 --> 00:08:40,080 Speaker 13: point eight percent since twenty eleven, so let's take that 183 00:08:40,160 --> 00:08:42,480 Speaker 13: bit of good news. But yeah, food inflation numbers certainly 184 00:08:42,520 --> 00:08:43,240 Speaker 13: are concerning. 185 00:08:43,320 --> 00:08:45,199 Speaker 2: Now what's the thinking in Japan with the whole? 186 00:08:46,640 --> 00:08:49,760 Speaker 13: Well, yeah, the whole was widely expected, but perhaps wasn't 187 00:08:49,920 --> 00:08:53,240 Speaker 13: was there been unwinding sort of the stimulous tape of 188 00:08:53,280 --> 00:08:56,360 Speaker 13: the slowing the bond purchases and that's basically known also 189 00:08:56,400 --> 00:09:01,120 Speaker 13: as quantita easing, But they're actually reducing they're cuts, if 190 00:09:01,120 --> 00:09:05,040 Speaker 13: that makes sense, to bond purchases. Quarterly reductions going forward 191 00:09:05,040 --> 00:09:08,320 Speaker 13: of two hundred billionion. They were reducing these purchases by 192 00:09:08,400 --> 00:09:10,640 Speaker 13: four hundred billion yi in so there still going to 193 00:09:10,679 --> 00:09:14,560 Speaker 13: be buying around three trillion YenS by March twenty six 194 00:09:14,640 --> 00:09:18,000 Speaker 13: and two trillion by March twenty twenty seven. Basically has 195 00:09:18,040 --> 00:09:20,720 Speaker 13: been a lot of volatility in the Japanese government bonds. 196 00:09:21,400 --> 00:09:25,160 Speaker 13: Japan is really struggling with the tariffs, does not deal 197 00:09:25,160 --> 00:09:28,040 Speaker 13: with the US yet. They're an export heavy nation that 198 00:09:28,240 --> 00:09:31,840 Speaker 13: facing the risk of a technical recession. They're going to 199 00:09:31,840 --> 00:09:34,840 Speaker 13: election next month as well. So yeah, they've left rights 200 00:09:34,880 --> 00:09:37,520 Speaker 13: where they are half a percent, so that's still well 201 00:09:37,559 --> 00:09:40,560 Speaker 13: below where there are most other countries, and they stepping 202 00:09:40,600 --> 00:09:43,080 Speaker 13: back from the bond market, but at are reduced rates, 203 00:09:43,120 --> 00:09:45,160 Speaker 13: they're still buying the same amount of bonds that they 204 00:09:45,200 --> 00:09:47,080 Speaker 13: bought back in twenty thirteen, So. 205 00:09:47,240 --> 00:09:48,040 Speaker 3: Hat a huge balance. 206 00:09:48,040 --> 00:09:50,599 Speaker 13: She Actually it's one hundred and twenty percent of GDPs, 207 00:09:50,640 --> 00:09:52,679 Speaker 13: so pretty high. And this is while you look at 208 00:09:52,679 --> 00:09:55,920 Speaker 13: you know, Japan's been gripped by deflation for many decades, 209 00:09:56,000 --> 00:09:58,880 Speaker 13: but inflation has actually been averaging three percent on average 210 00:09:58,880 --> 00:10:01,520 Speaker 13: over the past three The prior three years was point 211 00:10:01,559 --> 00:10:04,400 Speaker 13: one percent. So yeah, that's actually going in the right 212 00:10:04,440 --> 00:10:06,520 Speaker 13: direction for them. But yeah, they're leaving nothing to chance 213 00:10:06,559 --> 00:10:07,199 Speaker 13: it seems. 214 00:10:07,000 --> 00:10:10,160 Speaker 2: My right numbers, please, So things are a bit. 215 00:10:10,040 --> 00:10:13,520 Speaker 13: Weaker on those retail sales numbers. Also, obviously, what's happening 216 00:10:13,520 --> 00:10:15,960 Speaker 13: in the Middle East down down point seven percent. Forty 217 00:10:16,000 --> 00:10:18,439 Speaker 13: two two zero three s and P five hundred also 218 00:10:18,520 --> 00:10:21,360 Speaker 13: down point seven percent. Na's deck down point nine percent. 219 00:10:21,360 --> 00:10:23,920 Speaker 13: I did final interesting that the tel Aviv stock exchange 220 00:10:23,960 --> 00:10:26,480 Speaker 13: is up point four percent to a record high. So 221 00:10:26,520 --> 00:10:29,120 Speaker 13: a different view of things there, Forts one hundred and 222 00:10:29,120 --> 00:10:31,160 Speaker 13: down half percent. Nick Ay, well, a bit of an 223 00:10:31,160 --> 00:10:33,960 Speaker 13: outlier's up point six percent on that bog decision A 224 00:10:34,040 --> 00:10:36,280 Speaker 13: SX two hundred down point one percent. We were down 225 00:10:36,280 --> 00:10:39,920 Speaker 13: point four percent insects fifty twelve six three nine going 226 00:10:39,960 --> 00:10:43,600 Speaker 13: at five bucks oil up another two dollars sixty seventy 227 00:10:43,640 --> 00:10:46,559 Speaker 13: four spot thirty barrel. So it's something to watch just 228 00:10:46,600 --> 00:10:49,800 Speaker 13: in the currencies might against the US dollar keys down 229 00:10:49,840 --> 00:10:52,840 Speaker 13: point seven percent, sixty point two ninety two point nine 230 00:10:52,920 --> 00:10:55,160 Speaker 13: six against Ossie, up a little bit against the British 231 00:10:55,200 --> 00:10:57,360 Speaker 13: pound forty four point eight down a bit against the 232 00:10:57,440 --> 00:11:00,760 Speaker 13: end eighty seven point four. But all eyes are on 233 00:11:00,800 --> 00:11:01,120 Speaker 13: the Fed. 234 00:11:01,640 --> 00:11:03,680 Speaker 2: That is the truth. Go well, catch up to morrow. 235 00:11:03,679 --> 00:11:07,120 Speaker 2: Grigsmith Demon Fund's management task, how to Train Your Dragon 236 00:11:07,200 --> 00:11:09,559 Speaker 2: open domestically in America over the weekend eighty three million. 237 00:11:09,640 --> 00:11:09,959 Speaker 3: Is that good? 238 00:11:09,960 --> 00:11:12,560 Speaker 2: It's not bad they thought seventy, So it's better than 239 00:11:12,600 --> 00:11:16,160 Speaker 2: they thought and took over from Lelo and Stitch. When 240 00:11:16,200 --> 00:11:18,720 Speaker 2: that first of those movies came out, it was sixty 241 00:11:18,720 --> 00:11:21,000 Speaker 2: four million. That was back in twenty ten. That's just 242 00:11:21,080 --> 00:11:22,920 Speaker 2: for inflation, by the way. And then the second edition 243 00:11:22,960 --> 00:11:24,920 Speaker 2: in twenty nineteen made eighty one million, So this is 244 00:11:24,960 --> 00:11:26,880 Speaker 2: the best of them so far and not The Mission 245 00:11:26,920 --> 00:11:30,600 Speaker 2: Impossible came in third over the weekends, down to ten 246 00:11:30,640 --> 00:11:32,640 Speaker 2: million and take. So, in other words, what of obviously 247 00:11:32,679 --> 00:11:35,120 Speaker 2: happens in movies. Everyone gets excited, goes and sees an 248 00:11:35,160 --> 00:11:37,080 Speaker 2: opening day, and then it sort of dies to death 249 00:11:37,120 --> 00:11:39,760 Speaker 2: from there. But the point overall being that the movies 250 00:11:39,760 --> 00:11:43,120 Speaker 2: seemed to be still going recently well domestically in America anyway. 251 00:11:43,120 --> 00:11:49,080 Speaker 2: Six twenty one at news Talk seventies. 252 00:11:48,559 --> 00:11:53,080 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 253 00:11:53,080 --> 00:11:54,119 Speaker 1: by News Talks. 254 00:11:53,840 --> 00:11:56,920 Speaker 2: It be mentioned the free votes in the commons the 255 00:11:57,000 --> 00:12:00,240 Speaker 2: other day, building up to the well, they're basically makeing 256 00:12:00,440 --> 00:12:04,559 Speaker 2: abortion legal three seventy nine to one thirty seven. They 257 00:12:04,559 --> 00:12:07,320 Speaker 2: needed a majority of two forty two. That's literally just happened. 258 00:12:07,520 --> 00:12:07,640 Speaker 3: Now. 259 00:12:07,679 --> 00:12:10,679 Speaker 2: The fun fact for this Wednesday, streaming in the States 260 00:12:11,600 --> 00:12:15,480 Speaker 2: has outpaced the combined share of broadcast and cable television 261 00:12:15,520 --> 00:12:20,520 Speaker 2: viewing for the first time ever. Forty four point eight 262 00:12:20,559 --> 00:12:25,400 Speaker 2: percent of total TV viewership in May for streaming. Broadcast 263 00:12:25,480 --> 00:12:27,959 Speaker 2: was twenty cable was twenty four. At those two together, 264 00:12:28,000 --> 00:12:31,280 Speaker 2: you get forty four. Streaming at forty four point eight wins. 265 00:12:31,320 --> 00:12:34,120 Speaker 2: The times, as they say, they are a changing six 266 00:12:34,280 --> 00:12:35,080 Speaker 2: twenty five. 267 00:12:35,160 --> 00:12:40,000 Speaker 1: Trending now Qui chemist warehouse celebrate big brands and bigga sevings. 268 00:12:40,040 --> 00:12:41,679 Speaker 2: The game to have state of origin tonight. Of course, 269 00:12:41,720 --> 00:12:43,160 Speaker 2: if you're into that ten oh five I think is 270 00:12:43,200 --> 00:12:45,560 Speaker 2: the kickoff time offield stuff is getting the headlines. 271 00:12:45,600 --> 00:12:45,720 Speaker 4: Though. 272 00:12:45,720 --> 00:12:48,600 Speaker 2: You've got your former Blues player Aaron Woods. He's on 273 00:12:48,679 --> 00:12:52,000 Speaker 2: his Triple M radio show called Queensland Coach Billy Slater 274 00:12:52,040 --> 00:12:54,160 Speaker 2: at grub. It's a uniquely Australian word, isn't it When 275 00:12:54,200 --> 00:12:55,400 Speaker 2: you get no one else calls an you want to 276 00:12:55,400 --> 00:12:58,560 Speaker 2: go and he's a grub For an incident where Slater 277 00:12:58,679 --> 00:13:00,640 Speaker 2: kicked a player on the head. This was in two 278 00:13:00,640 --> 00:13:04,000 Speaker 2: thousand and sex. Anyway, Slater was asked about that in 279 00:13:04,040 --> 00:13:05,160 Speaker 2: the press conference yesterday. 280 00:13:05,679 --> 00:13:08,600 Speaker 10: When you hold a position in the media in our game, 281 00:13:09,120 --> 00:13:12,439 Speaker 10: I feel that's a privilege, and with that privilege comes 282 00:13:12,440 --> 00:13:13,400 Speaker 10: a responsibility. 283 00:13:13,760 --> 00:13:14,600 Speaker 14: I know Aaron Woods. 284 00:13:14,640 --> 00:13:16,240 Speaker 10: I actually ran into him about three or four weeks 285 00:13:16,240 --> 00:13:19,320 Speaker 10: ago at a footy game, and he didn't voice that opinion. 286 00:13:19,600 --> 00:13:21,600 Speaker 10: He actually brought his son over to introduce him to me. 287 00:13:21,840 --> 00:13:24,160 Speaker 10: And I get the attention in our game, but there's 288 00:13:24,160 --> 00:13:28,000 Speaker 10: a responsibility with that attention. When you degrade someone personally, 289 00:13:28,600 --> 00:13:32,000 Speaker 10: you probably don't deserve one of those privileged positions that 290 00:13:32,040 --> 00:13:36,520 Speaker 10: you're all in that we're all in. I'm not done yet. 291 00:13:37,320 --> 00:13:39,480 Speaker 10: You don't know what people are going through, and although 292 00:13:39,520 --> 00:13:41,600 Speaker 10: I might be able to handle it, the next person 293 00:13:41,679 --> 00:13:44,480 Speaker 10: mightn't be. Maybe our last coach didn't. I believe the 294 00:13:44,559 --> 00:13:47,680 Speaker 10: character of a person who is judged how they treat people, 295 00:13:47,960 --> 00:13:53,160 Speaker 10: then what an individual says to create attention about someone. 296 00:13:54,679 --> 00:13:58,720 Speaker 2: There's your answer, particularly articulate. The last coach you referred to, 297 00:13:58,760 --> 00:14:02,719 Speaker 2: of course, was Paul Green. By the way, I note 298 00:14:02,720 --> 00:14:05,800 Speaker 2: that Craft hinds this morning. It's interesting as to whether 299 00:14:05,840 --> 00:14:07,800 Speaker 2: this is going to be international because they're making it 300 00:14:07,800 --> 00:14:12,200 Speaker 2: about America. So RFK make America healthy again, all that 301 00:14:12,320 --> 00:14:16,319 Speaker 2: colored crap and food Hines craft Hindes have said overnight 302 00:14:16,360 --> 00:14:19,240 Speaker 2: that they will remove all that stuff by the end 303 00:14:19,240 --> 00:14:21,560 Speaker 2: of twenty twenty seven, sort of coool aid and jello. 304 00:14:22,240 --> 00:14:25,080 Speaker 2: But ten percent of their items in America, they keep 305 00:14:25,120 --> 00:14:27,480 Speaker 2: talking about America, ten percent of their items have got 306 00:14:27,520 --> 00:14:31,400 Speaker 2: this colored stuff in it that they want out now internationals. 307 00:14:31,440 --> 00:14:33,320 Speaker 2: I don't know whether that means they're going to pull 308 00:14:33,360 --> 00:14:36,000 Speaker 2: it out of the production line generally speaking or just 309 00:14:36,040 --> 00:14:37,840 Speaker 2: in America. So we'll have to follow that with a 310 00:14:37,880 --> 00:14:41,280 Speaker 2: great deal ofmentrist there is reported this morning the banks 311 00:14:41,440 --> 00:14:44,440 Speaker 2: are not lending to small businesses, who are, of course 312 00:14:44,480 --> 00:14:46,760 Speaker 2: the lifeblood of the economy. About ninety seven percent of 313 00:14:46,760 --> 00:14:50,720 Speaker 2: businesses in this country are small businesses sm smeat. Now, 314 00:14:50,760 --> 00:14:52,880 Speaker 2: are they not lending because they don't want to because 315 00:14:52,880 --> 00:14:54,680 Speaker 2: there are some rules around it, and I'll explain the 316 00:14:54,680 --> 00:14:57,200 Speaker 2: detail on that shortly, or are they lending simply because 317 00:14:57,240 --> 00:14:59,000 Speaker 2: there is no demand at the moment. We'll crunch some 318 00:14:59,080 --> 00:15:01,600 Speaker 2: numbers for you after the news, which is next. You're 319 00:15:01,640 --> 00:15:03,760 Speaker 2: on the mic Hosking breakfasted News Talks edb. 320 00:15:07,200 --> 00:15:11,760 Speaker 1: The news and the news makers. The Mic Hosking Breakfast 321 00:15:11,960 --> 00:15:15,280 Speaker 1: with the defender Octor, the most powerful defender ever made 322 00:15:15,360 --> 00:15:15,720 Speaker 1: and used. 323 00:15:15,760 --> 00:15:18,040 Speaker 2: Togs dead be not. Although the social media as we 324 00:15:18,120 --> 00:15:22,239 Speaker 2: speak telling the Uranians to surrender, the Uranian leadership to surrender, 325 00:15:22,280 --> 00:15:24,840 Speaker 2: that they know where the Uranian leadership are hiding, and 326 00:15:24,880 --> 00:15:27,160 Speaker 2: so the rhetoric is being ramped up. So America is 327 00:15:27,400 --> 00:15:29,320 Speaker 2: very heavily involved in this. And of course the early 328 00:15:29,360 --> 00:15:31,680 Speaker 2: departure from the G seven straight to the situation room, 329 00:15:31,720 --> 00:15:34,600 Speaker 2: we'll give you some sort of education to the fact 330 00:15:34,640 --> 00:15:36,680 Speaker 2: that his fingers are all over this. Sir Richard arlottle 331 00:15:36,680 --> 00:15:38,800 Speaker 2: bit more on that shortly meantime back here. Is it 332 00:15:38,880 --> 00:15:41,440 Speaker 2: a sign of the squeeze on the economy? Bank lending 333 00:15:41,440 --> 00:15:44,520 Speaker 2: for small businesses has slowed growth rates now just one 334 00:15:44,560 --> 00:15:46,520 Speaker 2: point five percent. In fact, our biggest bank A and 335 00:15:46,680 --> 00:15:50,520 Speaker 2: Z has seen their book shrink. Westpac have flatlined since COVID. 336 00:15:50,520 --> 00:15:52,880 Speaker 2: Now Phil Wicks's the Small Business New Zealand founder and 337 00:15:53,040 --> 00:15:54,480 Speaker 2: is back with us. Feel good morning to. 338 00:15:54,440 --> 00:15:56,880 Speaker 15: You, Good morning, very well. 339 00:15:56,920 --> 00:15:58,520 Speaker 2: Indeed some of the dark rice scene. It used to 340 00:15:58,560 --> 00:16:00,640 Speaker 2: be six percent growth, no outstandard one point five What 341 00:16:00,800 --> 00:16:03,080 Speaker 2: is that? Does that demand or attitude or the rules 342 00:16:03,080 --> 00:16:05,440 Speaker 2: around lending or what ah I. 343 00:16:05,400 --> 00:16:07,840 Speaker 15: Think that's attitude and a lack of understanding. I think 344 00:16:07,880 --> 00:16:11,360 Speaker 15: sometimes the banks assess small business like it's the eighteen hundreds. 345 00:16:12,520 --> 00:16:12,720 Speaker 3: You know. 346 00:16:12,760 --> 00:16:16,320 Speaker 15: They often will look at historical financials when they should 347 00:16:16,360 --> 00:16:18,200 Speaker 15: be looking at, you know what, where the business is, 348 00:16:18,320 --> 00:16:21,120 Speaker 15: what's what quotes are on the table, and it's lazy 349 00:16:21,200 --> 00:16:26,000 Speaker 15: risk assessment. They've got clients or there are small businesses 350 00:16:26,000 --> 00:16:28,800 Speaker 15: with strong forward where no debt, personal guarantees, and they're 351 00:16:28,800 --> 00:16:32,520 Speaker 15: still being declined. And that's because of the formulas that 352 00:16:32,600 --> 00:16:35,800 Speaker 15: they use are often historical or some arbitrary formula in 353 00:16:35,800 --> 00:16:38,920 Speaker 15: a spreadsheet, rather than understanding you know, where the business 354 00:16:39,040 --> 00:16:40,720 Speaker 15: is and where it's going. 355 00:16:40,960 --> 00:16:43,280 Speaker 2: Does it vary widely from being tobank depending on who 356 00:16:43,320 --> 00:16:43,840 Speaker 2: you're dealing with? 357 00:16:46,360 --> 00:16:48,520 Speaker 15: No, not really, I mean I think I think that. 358 00:16:48,680 --> 00:16:50,960 Speaker 15: I mean, there is definitely an opportunity for some bank 359 00:16:51,000 --> 00:16:54,440 Speaker 15: to step up. But I think, you know, the irony is, 360 00:16:54,480 --> 00:16:57,120 Speaker 15: I think small business is often less risky than big business. 361 00:16:57,240 --> 00:16:59,520 Speaker 15: You know, they will mortgage their house before they default 362 00:16:59,520 --> 00:17:02,360 Speaker 15: from alone. A lot of these business owners you're learning 363 00:17:02,360 --> 00:17:04,119 Speaker 15: to somebody with skin in the game. I mean, that's 364 00:17:04,160 --> 00:17:07,920 Speaker 15: not risky, that's exactly who who you want to back. 365 00:17:08,200 --> 00:17:11,119 Speaker 2: Yeah, exactly I'm read. Is there a suggestion there's some 366 00:17:11,240 --> 00:17:12,919 Speaker 2: you need a little more capital as a bank to 367 00:17:13,080 --> 00:17:14,760 Speaker 2: back a small business on a loane than you do, 368 00:17:14,960 --> 00:17:17,640 Speaker 2: say to a house. Put the money into a house. 369 00:17:17,640 --> 00:17:18,199 Speaker 2: It's easier. 370 00:17:19,520 --> 00:17:24,639 Speaker 15: Oh that's that's It's easier and easier and faster. And 371 00:17:24,720 --> 00:17:27,200 Speaker 15: I think, you know, I think the banks will loan 372 00:17:27,240 --> 00:17:29,040 Speaker 15: to big business. You know, it's a lot easier for 373 00:17:29,040 --> 00:17:31,080 Speaker 15: a bank to a nine hundred k morbwards in a 374 00:17:31,160 --> 00:17:34,520 Speaker 15: ninety k working cattle loone to a trade business. And 375 00:17:34,560 --> 00:17:36,880 Speaker 15: I suppose that's where the margin is, so that's where 376 00:17:36,880 --> 00:17:40,200 Speaker 15: the focus goes. But it's you know, it's policy driven discrimination. 377 00:17:40,280 --> 00:17:42,479 Speaker 15: It's costing the country of productivity and growth. What they 378 00:17:42,480 --> 00:17:45,920 Speaker 15: should be looking at is that ninety k time ten 379 00:17:46,000 --> 00:17:48,760 Speaker 15: thousand businesses. You know, that's where the opportunity is. And 380 00:17:48,800 --> 00:17:51,879 Speaker 15: if you know, there's a real vacuum there. And I 381 00:17:51,920 --> 00:17:56,720 Speaker 15: think if one bank, one bank really steps up, could 382 00:17:56,720 --> 00:18:00,000 Speaker 15: really own that segment. It's a branding and trust opportunity 383 00:18:00,160 --> 00:18:02,119 Speaker 15: just waiting, in my opinion, just wanting to be claimed. 384 00:18:02,600 --> 00:18:03,960 Speaker 2: Do they know that? I mean, we'll get them on 385 00:18:03,960 --> 00:18:05,879 Speaker 2: eventually and I'll ask them, but would they know that 386 00:18:06,040 --> 00:18:07,919 Speaker 2: or would they defend it or would they then go 387 00:18:08,080 --> 00:18:10,439 Speaker 2: But listen, Mike, here's what we've learned from lending to 388 00:18:10,480 --> 00:18:12,919 Speaker 2: a thousand businesses. You know, sixty seven of them go 389 00:18:13,000 --> 00:18:14,560 Speaker 2: bust and we were on the line for it. 390 00:18:15,960 --> 00:18:16,160 Speaker 3: Look. 391 00:18:16,160 --> 00:18:18,399 Speaker 15: A couple of years ago I was asked to speak 392 00:18:18,440 --> 00:18:20,680 Speaker 15: to all the all the Australian and New Zealand banks 393 00:18:20,760 --> 00:18:23,520 Speaker 15: is part of a risk assessment. Basically, they wanted to know, 394 00:18:23,640 --> 00:18:26,120 Speaker 15: you know, what makes a good lending risk to small 395 00:18:26,160 --> 00:18:29,160 Speaker 15: business and it was a real eye opener. I mean, 396 00:18:29,160 --> 00:18:31,680 Speaker 15: to their credit. They sort of said, look, we really 397 00:18:31,680 --> 00:18:34,359 Speaker 15: don't understand and this is across the board, we really 398 00:18:34,440 --> 00:18:35,880 Speaker 15: don't understand small businesses. 399 00:18:35,920 --> 00:18:36,320 Speaker 16: We should. 400 00:18:36,320 --> 00:18:38,160 Speaker 15: A lot of our good people come in and end 401 00:18:38,240 --> 00:18:43,320 Speaker 15: up being going straight up into corporate And I think 402 00:18:43,359 --> 00:18:44,960 Speaker 15: there's a lot of truth in that, just from my 403 00:18:45,040 --> 00:18:49,040 Speaker 15: own experience, is just identifying that the way that they 404 00:18:49,080 --> 00:18:54,000 Speaker 15: assess business is really looking very much at how business 405 00:18:54,240 --> 00:18:57,840 Speaker 15: has performed historically, rather than saying, hey, this business is 406 00:18:57,880 --> 00:19:00,800 Speaker 15: doing really well. Now it's got a lot of business 407 00:19:00,800 --> 00:19:03,280 Speaker 15: in fun of it. It's a low risk cause because 408 00:19:03,320 --> 00:19:05,400 Speaker 15: most small business owners when they go for a loan 409 00:19:05,440 --> 00:19:08,560 Speaker 15: that they usually put up quite a bit of collateral, 410 00:19:08,640 --> 00:19:10,760 Speaker 15: but it's the way that they're assessed, and that to 411 00:19:10,840 --> 00:19:13,600 Speaker 15: me points to a real lack of understanding or people 412 00:19:13,600 --> 00:19:16,639 Speaker 15: getting to know those individual businesses as well as they should. 413 00:19:16,760 --> 00:19:18,959 Speaker 2: Good insight feel this will get a bank on eventually, 414 00:19:18,960 --> 00:19:20,760 Speaker 2: and we'll ask them about this because it's interesting and 415 00:19:20,800 --> 00:19:22,960 Speaker 2: it surprises me to a degree. Philwick, Small Business New 416 00:19:23,040 --> 00:19:25,480 Speaker 2: Zealand founder, make the small bank sector. I have to 417 00:19:25,480 --> 00:19:27,720 Speaker 2: put the fifty percent more capital against business loans. I 418 00:19:27,800 --> 00:19:30,280 Speaker 2: think that's probably part of what the problem is. Richard 419 00:19:30,359 --> 00:19:31,720 Speaker 2: Arnold next nineteen to two. 420 00:19:32,440 --> 00:19:36,480 Speaker 1: The Mic Asking Breakfast Full Show podcast. I have radio 421 00:19:36,680 --> 00:19:38,160 Speaker 1: powered by news talks. 422 00:19:37,840 --> 00:19:39,760 Speaker 3: It be now. 423 00:19:39,800 --> 00:19:41,920 Speaker 2: It's about this time of year that the outside maintenance 424 00:19:41,920 --> 00:19:43,960 Speaker 2: of the old home becomes a bit more difficult with 425 00:19:43,960 --> 00:19:46,120 Speaker 2: the winter weather condition. 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Vida is Arvida and you can go 441 00:20:26,280 --> 00:20:29,080 Speaker 2: to book a tour, have a look around are Veda 442 00:20:29,160 --> 00:20:32,199 Speaker 2: dot co dot z that is r Veda dot Co 443 00:20:32,400 --> 00:20:36,560 Speaker 2: dot zscy some good news for business, which is good. 444 00:20:36,560 --> 00:20:38,040 Speaker 2: This is the two degrees. If you even't caught up 445 00:20:38,080 --> 00:20:40,439 Speaker 2: on this. This survey about five hundred odd businesses they 446 00:20:40,440 --> 00:20:44,520 Speaker 2: talked to over April and May. Optimism highest level recorded 447 00:20:44,520 --> 00:20:47,840 Speaker 2: in the survey. Good was off a low base fifty 448 00:20:47,880 --> 00:20:50,720 Speaker 2: two percent planning to increase investment. That's up from forty 449 00:20:50,720 --> 00:20:53,160 Speaker 2: six percent last year and twenty eight percent the year before. 450 00:20:53,640 --> 00:20:56,200 Speaker 2: Over half fifty two percent plan to invest in business development, 451 00:20:56,200 --> 00:20:58,879 Speaker 2: sales and marketing. Good Good good thirty five percent last year. 452 00:20:58,920 --> 00:21:02,000 Speaker 2: So that's a material increase. But here we go. A 453 00:21:02,080 --> 00:21:04,520 Speaker 2: third of businesses started the show. With this third of 454 00:21:04,520 --> 00:21:09,240 Speaker 2: businesses cost increases of more than forty percent, things like electricity. 455 00:21:09,280 --> 00:21:10,840 Speaker 2: Got to get it. We've got to get a handle 456 00:21:10,840 --> 00:21:11,040 Speaker 2: on this. 457 00:21:11,400 --> 00:21:15,760 Speaker 5: Six forty five international correspondence with ends and eye insurance. 458 00:21:15,920 --> 00:21:17,879 Speaker 1: Peace of mind for New Zealand business. 459 00:21:17,880 --> 00:21:21,680 Speaker 2: No problemate, Donald morning, Good morning, right situation room. Where 460 00:21:21,680 --> 00:21:22,080 Speaker 2: are we at? 461 00:21:23,040 --> 00:21:25,359 Speaker 17: Well, it's still meeting. But as you've been noting, there 462 00:21:25,359 --> 00:21:28,480 Speaker 17: are some stark new social media posts from Trump in 463 00:21:28,560 --> 00:21:30,639 Speaker 17: the background of all of this. We could be on 464 00:21:30,680 --> 00:21:33,080 Speaker 17: the brink of a rapid shift in the American role. 465 00:21:33,160 --> 00:21:36,960 Speaker 17: Trump wrote, quote, we emphasize on the word emphasis on 466 00:21:37,000 --> 00:21:40,400 Speaker 17: the word wi. We now have complete and total control 467 00:21:40,600 --> 00:21:43,040 Speaker 17: of the skies over Iran. Here's what is ready, Leader 468 00:21:43,240 --> 00:21:46,280 Speaker 17: nettno who said in here's latest US interview. 469 00:21:46,200 --> 00:21:47,840 Speaker 2: We control the skies of Tehran. 470 00:21:48,440 --> 00:21:53,040 Speaker 17: So sound familia, Trump, echoing Nettnohu. Trump also put out 471 00:21:53,080 --> 00:21:56,400 Speaker 17: a veiled threat to the Iranian leader a Kamani quote. 472 00:21:56,520 --> 00:22:00,719 Speaker 17: We again, we know where he is hiding. Trump calls 473 00:22:00,760 --> 00:22:04,960 Speaker 17: the Iotola quote an easy target, while adding he is 474 00:22:05,040 --> 00:22:08,960 Speaker 17: safe for now. Netnio, who also danced around the idea 475 00:22:09,000 --> 00:22:11,640 Speaker 17: that Israel might seek to assassinate the Eetola. He told 476 00:22:11,680 --> 00:22:12,560 Speaker 17: American ABC. 477 00:22:13,000 --> 00:22:14,560 Speaker 4: We're doing what we need to do. I'm not going 478 00:22:14,560 --> 00:22:17,040 Speaker 4: to get into the details. It's not going to escalate 479 00:22:17,080 --> 00:22:18,719 Speaker 4: the conflict. It's going to end the conflict. 480 00:22:19,080 --> 00:22:19,280 Speaker 3: Well. 481 00:22:19,320 --> 00:22:22,280 Speaker 17: After leaving the G seven summit in Canada a day early, 482 00:22:22,320 --> 00:22:26,480 Speaker 17: Trump said that the people of Tehran should quote evacuate immediately. 483 00:22:26,600 --> 00:22:29,119 Speaker 17: On his plane trip back to Washington, Trump said this 484 00:22:29,880 --> 00:22:33,679 Speaker 17: to be said once again, this echoes the statements of 485 00:22:34,240 --> 00:22:36,600 Speaker 17: Israel's Netno who who said this. 486 00:22:36,880 --> 00:22:42,439 Speaker 4: What we're doing is targeting regime sites, nuclear sites, military sides, 487 00:22:42,520 --> 00:22:46,240 Speaker 4: and ballistic missile sites that are embedded in Tehran. We're 488 00:22:46,240 --> 00:22:49,959 Speaker 4: telling the people leave, leave the zone of battle so 489 00:22:50,000 --> 00:22:52,600 Speaker 4: that you're not heard, and in fact they are leaving well. 490 00:22:52,680 --> 00:22:57,160 Speaker 17: Aerial views show massive traffic jams with people fleeing Tehran 491 00:22:57,200 --> 00:23:01,040 Speaker 17: at the minute, a city of what ten million people. Meantime, 492 00:23:01,160 --> 00:23:04,440 Speaker 17: there was an Israeli strike on Iran's state television. Many 493 00:23:04,480 --> 00:23:07,000 Speaker 17: will have seen this video or presento shown fleeing in 494 00:23:07,040 --> 00:23:11,480 Speaker 17: the midst of collapsing walls and smoke rising up. Israel 495 00:23:11,640 --> 00:23:14,440 Speaker 17: says it hit the TV studios since they are key 496 00:23:14,600 --> 00:23:18,800 Speaker 17: to Iranian propaganda. Trump's choice here is continuing to plembency, 497 00:23:18,920 --> 00:23:22,440 Speaker 17: or more directly siding with Israel militarily and perhaps using 498 00:23:22,760 --> 00:23:26,040 Speaker 17: the American bunker busting bomb, which is so huge it 499 00:23:26,040 --> 00:23:28,520 Speaker 17: can only be dropped by American be to bombers to 500 00:23:28,600 --> 00:23:31,520 Speaker 17: destroy the underground Iranian nuclear side of FODO. That is 501 00:23:31,560 --> 00:23:36,080 Speaker 17: a thirteen six hundred kilogram bomb. Its use would have 502 00:23:36,240 --> 00:23:40,040 Speaker 17: reversed many years of American policy on Iran. Just days ago, 503 00:23:40,080 --> 00:23:44,280 Speaker 17: in late May, Trump had warned Netanyahu against an Iranian attack, 504 00:23:44,600 --> 00:23:47,760 Speaker 17: saying it would destroy diplomatic options. Then on June the fourth, 505 00:23:47,920 --> 00:23:51,199 Speaker 17: Iran rejected the latest Trump proposal. However, there is a 506 00:23:51,240 --> 00:23:53,879 Speaker 17: long history with all of it like this. 507 00:23:54,000 --> 00:23:58,640 Speaker 4: Iran is so dangerous weeks away from having the fiscile 508 00:23:58,760 --> 00:24:02,879 Speaker 4: material for an entire arsenal of nuclear bards. 509 00:24:03,119 --> 00:24:06,600 Speaker 17: That was Netnio Who's saying Iran was just weeks off 510 00:24:06,600 --> 00:24:09,760 Speaker 17: from having an arsenal of nuke's. That was Netnio who 511 00:24:09,800 --> 00:24:14,480 Speaker 17: in twenty fifteen, there is a split among Trump's supporters 512 00:24:14,520 --> 00:24:16,760 Speaker 17: over direct American involvement in the war with Iran. This 513 00:24:16,800 --> 00:24:18,920 Speaker 17: could turn out to be Trump's biggest. 514 00:24:18,560 --> 00:24:21,960 Speaker 2: Decision indeed, and then we come to the business businessman 515 00:24:22,080 --> 00:24:25,199 Speaker 2: the Apolis or Minnesota the other day in this I mean, 516 00:24:25,240 --> 00:24:27,240 Speaker 2: what do we do to protect politicians? For goodness? 517 00:24:27,240 --> 00:24:30,080 Speaker 17: Say, well, in Washington, DC, they're worried about their own security. 518 00:24:30,080 --> 00:24:32,879 Speaker 17: They're asking to Speaker of a more funding for security 519 00:24:33,320 --> 00:24:35,679 Speaker 17: following those shootings where of course, the state poly and 520 00:24:35,680 --> 00:24:38,560 Speaker 17: her husband were killed, nan two others have been critically wounded. 521 00:24:38,640 --> 00:24:41,439 Speaker 17: Now the latest information shows that those wounded State Senator 522 00:24:41,560 --> 00:24:43,879 Speaker 17: John Hoffman and his wife were hit by a total 523 00:24:43,880 --> 00:24:48,400 Speaker 17: of seventeen bullets. Somehow, they're still hanging on to life. 524 00:24:48,560 --> 00:24:51,600 Speaker 17: The accused assassin, Evans Belta, who now is in custody, 525 00:24:51,680 --> 00:24:54,560 Speaker 17: is charged with the murders and other crimes. There is 526 00:24:54,600 --> 00:24:57,159 Speaker 17: also a furor over the politic and Utah Senator Might 527 00:24:57,240 --> 00:24:59,040 Speaker 17: Lee posted what I guess he thought was a joke. 528 00:24:59,200 --> 00:25:02,080 Speaker 17: Is this funny? Headlining a photo is quote nightmare on 529 00:25:02,119 --> 00:25:05,680 Speaker 17: Wall Street? Referring to Tim Waltsley, Minnesota governor who ran 530 00:25:05,720 --> 00:25:09,200 Speaker 17: as Kamala Harris's deputy. He was also on the list 531 00:25:09,280 --> 00:25:16,240 Speaker 17: of this alleged assassin's targets potential target So jokes about 532 00:25:16,240 --> 00:25:20,000 Speaker 17: political assassination that is pretty low. Well, Trump himself says 533 00:25:20,040 --> 00:25:23,080 Speaker 17: he hasn't bothered to call Tim Waltz, who was, as 534 00:25:23,080 --> 00:25:24,840 Speaker 17: I say, on the target list. 535 00:25:24,640 --> 00:25:27,480 Speaker 12: Would make a call, say hi, how you doing. 536 00:25:29,080 --> 00:25:33,000 Speaker 2: Theagel? He said, he's a mess, so you know it 537 00:25:33,040 --> 00:25:33,479 Speaker 2: could be na. 538 00:25:34,560 --> 00:25:38,000 Speaker 17: Why waste Trump himself, of course targeted twice with compassion 539 00:25:38,080 --> 00:25:40,200 Speaker 17: for said Trump, why waste time? 540 00:25:41,040 --> 00:25:43,760 Speaker 2: We can appreciate it very much. Richard Arnold stateside, by 541 00:25:43,760 --> 00:25:46,480 Speaker 2: the way, there's a scrap of sorts over the phone 542 00:25:46,480 --> 00:25:50,400 Speaker 2: that we announced yesterday, the Trump Company launching a mobile 543 00:25:50,440 --> 00:25:52,280 Speaker 2: app and a phone and a service and all that 544 00:25:52,280 --> 00:25:53,840 Speaker 2: sort of stuff. He claims the phone's going to be 545 00:25:53,840 --> 00:25:56,480 Speaker 2: made in America. Everyone in the industry can't see how 546 00:25:56,520 --> 00:25:58,560 Speaker 2: that's possible because they don't make phones in America. It 547 00:25:58,600 --> 00:26:01,240 Speaker 2: will be Chinese made, which is I wrong. Joey Chestnut 548 00:26:02,000 --> 00:26:05,160 Speaker 2: is back for the fourth of July Hot Dog eating Contest. 549 00:26:05,160 --> 00:26:06,960 Speaker 2: If you missed this last year, he was banned because 550 00:26:07,000 --> 00:26:09,879 Speaker 2: he did a deal with some of those people who 551 00:26:09,920 --> 00:26:12,280 Speaker 2: don't like eating meat, and so they banned him. But 552 00:26:12,320 --> 00:26:16,200 Speaker 2: he's now back. He's held the title sixteen times. July 553 00:26:16,320 --> 00:26:18,480 Speaker 2: fourth it's coming ten minutes away from seven. 554 00:26:18,840 --> 00:26:22,520 Speaker 1: The Myke Hosking Breakfast with Bailey's Real estate news talks, 555 00:26:22,520 --> 00:26:23,520 Speaker 1: there'd be it's some very. 556 00:26:23,480 --> 00:26:25,520 Speaker 2: Good feedback on the business of the bank loans and 557 00:26:25,520 --> 00:26:27,320 Speaker 2: the business bank loans. I'll come back to that after 558 00:26:27,400 --> 00:26:31,120 Speaker 2: run seven thirty. After seven o'clock this morning. I might 559 00:26:31,200 --> 00:26:33,359 Speaker 2: have missed this, and I'm not sure, but I've been 560 00:26:33,359 --> 00:26:36,679 Speaker 2: looking into it. I can't give you an explanation. So 561 00:26:36,840 --> 00:26:40,880 Speaker 2: originally Trump banned nationals from twelve countries, right, he also 562 00:26:40,920 --> 00:26:44,480 Speaker 2: put in partial restrictions for another seven. State Department is 563 00:26:44,480 --> 00:26:48,119 Speaker 2: currently looking at thirty six more. Now what's interesting about 564 00:26:48,119 --> 00:26:49,960 Speaker 2: that is then some of them you go, oh yeah, 565 00:26:49,960 --> 00:26:55,639 Speaker 2: I get that, Angola, Cambodia, Cameroon, Cape Verde, Democratic Republic 566 00:26:55,720 --> 00:27:01,240 Speaker 2: of Congo, Ethiopia, Egypt, Gambia, Ghana, Kazakhstan, Liberia, Malawi. But 567 00:27:01,280 --> 00:27:03,920 Speaker 2: then we've got a couple of locals here Tonga to 568 00:27:04,040 --> 00:27:08,080 Speaker 2: Varalu and Vanova two. Now why and I was trying 569 00:27:08,080 --> 00:27:10,880 Speaker 2: to think about Astrola. I can't find an explanation for it. 570 00:27:11,359 --> 00:27:14,680 Speaker 2: Could it be the link potentially in his mind, the 571 00:27:14,800 --> 00:27:18,720 Speaker 2: administration's mind or versus the real to China. Is that 572 00:27:18,800 --> 00:27:22,240 Speaker 2: what that's about? Now They've got sixty days to do 573 00:27:22,359 --> 00:27:26,640 Speaker 2: whatever it is the Americans want to convince the Americans 574 00:27:26,640 --> 00:27:29,480 Speaker 2: they're safe. But imagine the implications for this part of 575 00:27:29,480 --> 00:27:31,560 Speaker 2: the world if people from Tonga to Varalu and Vanova 576 00:27:31,600 --> 00:27:33,600 Speaker 2: two can no longer go to the United States of America. 577 00:27:33,640 --> 00:27:35,880 Speaker 2: Could it be they've got too many penguins there? Five 578 00:27:35,920 --> 00:27:41,040 Speaker 2: minutes away from seven. 579 00:27:39,160 --> 00:27:42,880 Speaker 1: And the ouse. It's the fizz with business Faber, take 580 00:27:42,960 --> 00:27:45,080 Speaker 1: your business productivity to the next list. 581 00:27:45,160 --> 00:27:47,560 Speaker 2: Oh more good news on Canterbury. Sorry to you know 582 00:27:47,680 --> 00:27:49,760 Speaker 2: boy your witness with it, but the latest started. This 583 00:27:49,800 --> 00:27:53,199 Speaker 2: is the ASP Regional Economic Scorecard four Q one. They 584 00:27:53,240 --> 00:27:56,160 Speaker 2: rank economic performance of the regions on top Canterbury yet 585 00:27:56,160 --> 00:28:00,640 Speaker 2: again oring top of the economic performance surgeon, consumer confidence, 586 00:28:00,880 --> 00:28:05,960 Speaker 2: population growth, improved housing market basically the South Island's the 587 00:28:05,960 --> 00:28:09,359 Speaker 2: place to be. West Coast was second. That's construction growth, 588 00:28:09,400 --> 00:28:12,159 Speaker 2: retail and house sales. If you don't like either of 589 00:28:12,200 --> 00:28:15,080 Speaker 2: those two, you can hear to Otago, Central Lakes, Queenstown 590 00:28:15,119 --> 00:28:19,480 Speaker 2: and other words or wanaka wah nakha as they say 591 00:28:19,480 --> 00:28:23,040 Speaker 2: on the TV one these days. Third, they've won the 592 00:28:23,080 --> 00:28:25,760 Speaker 2: last two quarters but slipped. Queenstown tourism big part of that. 593 00:28:26,040 --> 00:28:29,040 Speaker 2: Marlborough four. North Island comes to the table with the 594 00:28:29,040 --> 00:28:32,680 Speaker 2: Waikato in the fifth place, Auckland tenth, so the engine 595 00:28:32,720 --> 00:28:34,840 Speaker 2: room of the economy in tenth. How many regions in 596 00:28:34,840 --> 00:28:37,160 Speaker 2: the country are they? Well, there are sixteen, so ten 597 00:28:37,200 --> 00:28:40,760 Speaker 2: of sixteen is not particularly good. Wellington fifteen. But that's 598 00:28:41,080 --> 00:28:43,880 Speaker 2: we all understand Wellington and we're with you. Also belief 599 00:28:43,880 --> 00:28:48,400 Speaker 2: of Wellington worst performing region is Gisman sixteen, sixteenth place 600 00:28:48,400 --> 00:28:49,880 Speaker 2: on the plate. To tell you, Mike, we're working with 601 00:28:49,920 --> 00:28:52,440 Speaker 2: one of the banks. There's more. We us came from 602 00:28:52,440 --> 00:28:55,360 Speaker 2: for business overdraft. We're a small medium business with government 603 00:28:55,360 --> 00:28:57,720 Speaker 2: contracts and retail. The issues I see are the banks 604 00:28:57,760 --> 00:29:01,400 Speaker 2: don't have business managers who are ask how your business works. 605 00:29:01,440 --> 00:29:04,800 Speaker 2: They just fill in paperwork on the phone or email. 606 00:29:04,960 --> 00:29:07,720 Speaker 2: Our business was growing year on year until the government 607 00:29:07,760 --> 00:29:11,040 Speaker 2: cuts spending. So there's probably detail in each and every 608 00:29:11,040 --> 00:29:14,560 Speaker 2: individual story, isn't there, But there might be something here 609 00:29:14,600 --> 00:29:16,440 Speaker 2: as too, And so we will eventually get one of 610 00:29:16,440 --> 00:29:18,520 Speaker 2: the banks on, or a couple of the banks on, 611 00:29:18,560 --> 00:29:21,240 Speaker 2: and we'll ask them a few questions. Now, food price inflation, 612 00:29:21,360 --> 00:29:24,239 Speaker 2: can we explain it away? Can we go copies up? 613 00:29:24,280 --> 00:29:26,240 Speaker 2: Of course it is chop the top. Of course, it 614 00:29:26,360 --> 00:29:29,520 Speaker 2: is non seasonal fruit. Individuals, what what do you expect me? 615 00:29:29,560 --> 00:29:31,920 Speaker 2: Of course they're more expensive, or is there more to 616 00:29:32,040 --> 00:29:34,160 Speaker 2: it than that? Chris Quinn is back from the supermarket 617 00:29:34,280 --> 00:29:36,880 Speaker 2: for you. Simeon Brown does have some recentably good numbers 618 00:29:36,920 --> 00:29:39,560 Speaker 2: around our health service and how we're making some progress there, 619 00:29:39,680 --> 00:29:41,320 Speaker 2: So he's with us after seven p thirty. 620 00:29:42,600 --> 00:29:45,640 Speaker 1: The only report you need to start your day the 621 00:29:45,880 --> 00:29:49,520 Speaker 1: my casting Breakfast with Bailey's Real Estate, doing real estate 622 00:29:49,560 --> 00:29:52,680 Speaker 1: differently since nineteen seventy three US togsdad be. 623 00:29:52,720 --> 00:29:55,120 Speaker 2: Only seven past sevens have food price inflation spiked some? 624 00:29:55,240 --> 00:29:57,560 Speaker 2: What our new numbers have prices up four point four 625 00:29:57,560 --> 00:29:59,280 Speaker 2: percent for the year to May. That's up from three 626 00:29:59,320 --> 00:30:01,440 Speaker 2: point seven and n April. It's the old favorites that 627 00:30:01,480 --> 00:30:03,280 Speaker 2: have come to the party, dairy, meat and poultry, but 628 00:30:03,440 --> 00:30:06,000 Speaker 2: is up fifty one of course. Chris Quinn's Food starts 629 00:30:06,000 --> 00:30:08,720 Speaker 2: North Island CEO and is back with us. Chris, good morning, 630 00:30:09,320 --> 00:30:11,480 Speaker 2: Good morning Mike. The value of the numbers that we 631 00:30:11,520 --> 00:30:15,440 Speaker 2: saw headline wise yesterday versus the cost of actually doing business? 632 00:30:15,480 --> 00:30:18,240 Speaker 2: Are you guys keeping your costs under control? Beyond the 633 00:30:18,320 --> 00:30:20,080 Speaker 2: obvious look. 634 00:30:20,080 --> 00:30:22,680 Speaker 14: I think the best way of explaining that is that 635 00:30:22,720 --> 00:30:25,160 Speaker 14: the stats New Zealand Food price basket went at four 636 00:30:25,200 --> 00:30:28,320 Speaker 14: point four percent, as you mentioned, our retail prices for 637 00:30:28,360 --> 00:30:30,760 Speaker 14: the same period went not three point two percent. So 638 00:30:31,640 --> 00:30:34,960 Speaker 14: US working on our efficiency and us making the decision 639 00:30:35,000 --> 00:30:37,840 Speaker 14: not to pass on all of these product cost increases 640 00:30:37,840 --> 00:30:41,520 Speaker 14: to our customers is what makes that difference. So we're 641 00:30:41,520 --> 00:30:45,440 Speaker 14: doing everything we can, but the same cost increases for energy, 642 00:30:45,600 --> 00:30:48,680 Speaker 14: for people, for all of those things do affect every 643 00:30:48,680 --> 00:30:50,520 Speaker 14: one of our owner operator businesses. 644 00:30:50,560 --> 00:30:52,520 Speaker 2: And are you an outlier in that in any way, 645 00:30:52,600 --> 00:30:55,360 Speaker 2: shape or form, In other words, your wages, your transports, 646 00:30:55,960 --> 00:30:58,200 Speaker 2: any different from anybody else who would be passing on 647 00:30:58,240 --> 00:30:59,560 Speaker 2: some of the costs in the economy at. 648 00:30:59,520 --> 00:31:01,959 Speaker 14: The moment, not fundamentally different. 649 00:31:02,040 --> 00:31:05,560 Speaker 2: No, okay, So when we talk about these numbers, once 650 00:31:05,600 --> 00:31:07,840 Speaker 2: you strip out the stuff that you can avoid, once 651 00:31:07,880 --> 00:31:11,680 Speaker 2: you strip out the stuff you can explain away. Is 652 00:31:11,760 --> 00:31:14,560 Speaker 2: the price of food materially going up in a way 653 00:31:14,600 --> 00:31:15,600 Speaker 2: that we can't explain. 654 00:31:17,360 --> 00:31:19,800 Speaker 14: I think it's it can be explained. That does not 655 00:31:19,920 --> 00:31:22,840 Speaker 14: make it any easier for any household who is stirring 656 00:31:22,840 --> 00:31:25,719 Speaker 14: into this alongside all the other costs. So you know 657 00:31:25,760 --> 00:31:29,000 Speaker 14: the understanding what's driving it. It's important because I guess 658 00:31:29,040 --> 00:31:33,240 Speaker 14: it's understanding the cause and do these people the position 659 00:31:33,320 --> 00:31:33,480 Speaker 14: with that. 660 00:31:34,480 --> 00:31:38,240 Speaker 2: Or is just blaming you guys the easy out look. 661 00:31:38,320 --> 00:31:41,400 Speaker 14: We have the privilege of serving four point one million 662 00:31:41,400 --> 00:31:44,200 Speaker 14: customers a week in terms of number of visits we see, 663 00:31:44,600 --> 00:31:46,960 Speaker 14: so the only people they can talk to are us 664 00:31:47,000 --> 00:31:49,120 Speaker 14: because we have the food on the shelf and the price. 665 00:31:49,360 --> 00:31:50,760 Speaker 14: But it is important. 666 00:31:50,800 --> 00:31:50,840 Speaker 3: No. 667 00:31:50,960 --> 00:31:53,680 Speaker 14: Butter is probably the classic right now. It has gone 668 00:31:53,720 --> 00:31:56,800 Speaker 14: up fifty five percent in a year. That is fantastic 669 00:31:56,800 --> 00:31:59,640 Speaker 14: for New Zealand's economy, but very tough for households who 670 00:31:59,640 --> 00:32:03,520 Speaker 14: are buying product. Now we're seeing the same tomatoes we've 671 00:32:03,520 --> 00:32:06,040 Speaker 14: got mishe in Australia, where we're not allowed to import 672 00:32:06,040 --> 00:32:08,280 Speaker 14: from Australia. So I've seen a thirty percent increase in 673 00:32:08,320 --> 00:32:11,280 Speaker 14: those eighteen percent up and Kiwi for it. Another great 674 00:32:11,280 --> 00:32:14,640 Speaker 14: export story. But that part of our economy means that 675 00:32:14,720 --> 00:32:18,440 Speaker 14: the basic cost of those products increases at retail because 676 00:32:19,000 --> 00:32:21,160 Speaker 14: nearly seventy percent of what makes up a dollar on 677 00:32:21,200 --> 00:32:23,080 Speaker 14: shelf comes from the cost of the goods. 678 00:32:22,880 --> 00:32:25,040 Speaker 2: And there's nothing we can do. Chris, appreciate it very much. Again, 679 00:32:25,120 --> 00:32:27,560 Speaker 2: Chris Quinn, who's the food Stuff's Northland c But this 680 00:32:27,640 --> 00:32:29,120 Speaker 2: is an example morning, Mike and I'll come back to 681 00:32:29,120 --> 00:32:31,520 Speaker 2: the answer morning. Mike. Understand global meet and dairy prices, 682 00:32:31,720 --> 00:32:34,440 Speaker 2: but why can't the New Zealand export or producer not 683 00:32:34,560 --> 00:32:39,920 Speaker 2: deduct the international marketing and freight off the domestic costs? Max, 684 00:32:40,600 --> 00:32:42,520 Speaker 2: let me come back to that. Ten minutes past seven, 685 00:32:42,800 --> 00:32:44,920 Speaker 2: all right, So the government's having another crack at mental health. 686 00:32:44,960 --> 00:32:47,080 Speaker 2: We've got a new suicide Prevention Action Plan. This is 687 00:32:47,120 --> 00:32:49,440 Speaker 2: a five year old of government approach. Thirty six million 688 00:32:49,480 --> 00:32:52,800 Speaker 2: has been set aside prevention fund for rural and young people, 689 00:32:52,840 --> 00:32:57,360 Speaker 2: crisis recovery cafes, expanding suicide prevention training. Sean Robinson is 690 00:32:57,360 --> 00:32:59,480 Speaker 2: the Mental Health Foundation boss and is back well the 691 00:32:59,480 --> 00:33:00,680 Speaker 2: Shawn and good moell to you. 692 00:33:01,520 --> 00:33:02,040 Speaker 11: Good morning. 693 00:33:02,080 --> 00:33:04,280 Speaker 2: Make you like what you see? Is this any different 694 00:33:04,400 --> 00:33:05,120 Speaker 2: or more of the same. 695 00:33:07,160 --> 00:33:11,560 Speaker 11: I'd say we're grateful for small mercies. I think this 696 00:33:11,760 --> 00:33:17,320 Speaker 11: plan does take us forward in some areas and there 697 00:33:17,360 --> 00:33:21,400 Speaker 11: is some new resource applied to it. But we are 698 00:33:21,440 --> 00:33:25,920 Speaker 11: in a very resource constrained environment at the moment when 699 00:33:25,960 --> 00:33:30,840 Speaker 11: there's not a lot of funding from government around. So yeah, well, 700 00:33:30,920 --> 00:33:34,480 Speaker 11: everybody will do their best with what's available here, but 701 00:33:34,520 --> 00:33:35,920 Speaker 11: there's a lot more that could be done. 702 00:33:36,080 --> 00:33:38,520 Speaker 2: How much is needed. I mean, we got one point 703 00:33:38,600 --> 00:33:40,920 Speaker 2: nine and what was it, the famous you know, the 704 00:33:40,960 --> 00:33:43,880 Speaker 2: Goodwill budget or the Good Living whatever the hell Grant 705 00:33:43,960 --> 00:33:46,040 Speaker 2: Robertson called. It's another thirty So how much is needed? 706 00:33:46,040 --> 00:33:47,240 Speaker 2: How many billions do you need? 707 00:33:48,640 --> 00:33:52,960 Speaker 11: Well, look, mental health is a huge issue across the 708 00:33:53,080 --> 00:33:58,800 Speaker 11: whole New Zealand population and it's been undercooked and under 709 00:33:58,840 --> 00:34:05,120 Speaker 11: resourced and scope for decades, in fact forever really, so 710 00:34:07,000 --> 00:34:09,880 Speaker 11: you know, people may think that one point nine billion 711 00:34:10,000 --> 00:34:12,600 Speaker 11: was a huge number and should have fixed everything. 712 00:34:13,080 --> 00:34:14,640 Speaker 2: But well, there is a huge number. 713 00:34:15,400 --> 00:34:17,960 Speaker 11: Well it is a big number, but you know, when 714 00:34:18,000 --> 00:34:22,400 Speaker 11: you consider what gets spent on the whole of health, 715 00:34:23,480 --> 00:34:26,520 Speaker 11: you know it's not a very big number. But you know, 716 00:34:26,560 --> 00:34:31,640 Speaker 11: we're talking here about an additional nineteen millionaire year going 717 00:34:31,719 --> 00:34:37,520 Speaker 11: into suicide prevention, which brings the whole budget around suicide 718 00:34:37,560 --> 00:34:41,960 Speaker 11: prevention you know up to under forty million are years. 719 00:34:41,960 --> 00:34:45,279 Speaker 11: So that's not a very big number for what is 720 00:34:45,880 --> 00:34:48,680 Speaker 11: you know, one of the biggest causes of preventable death in. 721 00:34:49,160 --> 00:34:51,239 Speaker 2: Which was my next question. Are we an outlier in 722 00:34:51,280 --> 00:34:53,560 Speaker 2: the Western world? Is there something wrong with our mental 723 00:34:53,600 --> 00:34:56,360 Speaker 2: health that we're particularly vulnerable, or are we just like 724 00:34:56,400 --> 00:34:59,839 Speaker 2: every other Western country. 725 00:34:58,600 --> 00:35:00,880 Speaker 11: Well, look, we're not as an much of an outlier 726 00:35:00,920 --> 00:35:06,000 Speaker 11: as people portray it that rising suicide numbers or persistently 727 00:35:06,080 --> 00:35:12,400 Speaker 11: high suicide is a global issue. We have particularly high 728 00:35:12,719 --> 00:35:16,920 Speaker 11: youth suicide, but again we're not the only country in 729 00:35:16,960 --> 00:35:21,680 Speaker 11: the world that has that issue. So it's not quite 730 00:35:21,960 --> 00:35:27,440 Speaker 11: true that New Zealand's just getting this completely wrong. That 731 00:35:27,480 --> 00:35:31,560 Speaker 11: doesn't mean that we don't need to do everything we 732 00:35:31,600 --> 00:35:34,760 Speaker 11: can to reduce these numbers. Now, on the other hand, 733 00:35:35,600 --> 00:35:38,480 Speaker 11: the numbers have been starting to come down a bit 734 00:35:38,560 --> 00:35:42,160 Speaker 11: in the last three or four years. You know, they're 735 00:35:42,200 --> 00:35:46,120 Speaker 11: still persistently high, but we need to remember that there 736 00:35:46,160 --> 00:35:51,360 Speaker 11: are far more stories of hope than there are of despair. Yeah. 737 00:35:51,440 --> 00:35:53,640 Speaker 2: Good, Well, I'm encouraged about that really quickly because I'm 738 00:35:53,640 --> 00:35:56,640 Speaker 2: sure it on time. Is it pure money or is 739 00:35:56,640 --> 00:35:58,400 Speaker 2: it resource as well? In other words, you could have 740 00:35:58,440 --> 00:35:59,800 Speaker 2: the money, you just can't get the people. 741 00:36:01,239 --> 00:36:03,000 Speaker 11: Look, it's a bit of both. Now you need the 742 00:36:03,000 --> 00:36:06,480 Speaker 11: money in order to train and hire the people, but 743 00:36:06,800 --> 00:36:10,520 Speaker 11: you know, definitely more money to create more services, to 744 00:36:10,600 --> 00:36:14,239 Speaker 11: do more training, to put more training into school so 745 00:36:14,400 --> 00:36:17,360 Speaker 11: young people are able to cope with emotions and with 746 00:36:17,760 --> 00:36:20,080 Speaker 11: Vice's curve board, all of those things are important. 747 00:36:20,120 --> 00:36:22,040 Speaker 2: Fantastic Sean, appreciate your time, good luck with the work. 748 00:36:22,080 --> 00:36:25,640 Speaker 2: Shawan Robinson Mental Health Foundation head thirteen minutes past seven, 749 00:36:26,560 --> 00:36:29,200 Speaker 2: just back from Hawaii. Can buy butter at five cents. 750 00:36:29,200 --> 00:36:31,239 Speaker 2: It's the usual text, stop texting me this stuff that 751 00:36:31,360 --> 00:36:35,600 Speaker 2: we've already discovered. Cost Co sell butter as a lost leader. 752 00:36:36,200 --> 00:36:39,120 Speaker 2: They sell butter at a lost leader. They don't make 753 00:36:39,160 --> 00:36:41,640 Speaker 2: money on butter, so it's got nothing to do. As 754 00:36:41,680 --> 00:36:46,160 Speaker 2: for the subsidization on international marketing and freight, fine, who 755 00:36:46,160 --> 00:36:48,920 Speaker 2: would you want to pay it? Because the bill's not that, 756 00:36:49,000 --> 00:36:51,640 Speaker 2: the bill hasn't gone anywhere. Who would you pay it? 757 00:36:51,960 --> 00:36:54,120 Speaker 2: Who shall pay it? So you'll go, well, what about 758 00:36:54,120 --> 00:36:55,879 Speaker 2: the person in Britain is buying the butter fair enough? 759 00:36:56,719 --> 00:36:58,880 Speaker 2: So if you suddenly stack costs on them, they're not 760 00:36:58,880 --> 00:37:00,319 Speaker 2: going to buy as much butter as that what you 761 00:37:00,360 --> 00:37:02,759 Speaker 2: want for the country. There's no escaping this. I'm not 762 00:37:02,800 --> 00:37:05,080 Speaker 2: saying it's right or wrong, black or white, good or bad. 763 00:37:05,120 --> 00:37:08,200 Speaker 2: All I'm saying is business is business. If you produce 764 00:37:08,280 --> 00:37:10,120 Speaker 2: something for a dollar and you can sell it for 765 00:37:10,160 --> 00:37:13,560 Speaker 2: a dollar, if you want it for fifty cents, somebody 766 00:37:13,680 --> 00:37:16,800 Speaker 2: has to pay the difference. And until you can crack 767 00:37:16,840 --> 00:37:20,279 Speaker 2: that particular piece of economic magic. Things will continue the 768 00:37:20,280 --> 00:37:21,799 Speaker 2: way they are. Fourteen past. 769 00:37:23,040 --> 00:37:27,440 Speaker 1: The like Asking Breakfast Full Show podcast on iHeartRadio powered 770 00:37:27,520 --> 00:37:28,480 Speaker 1: by News Talks at be. 771 00:37:29,200 --> 00:37:32,080 Speaker 2: Simon Brown's got some reasonably good health numbers to update 772 00:37:32,120 --> 00:37:34,160 Speaker 2: us within a couple of moments. Seventeen past seven. Now 773 00:37:34,160 --> 00:37:36,319 Speaker 2: we're back with the polytechs and their various problems. Staff 774 00:37:36,400 --> 00:37:38,920 Speaker 2: numbers have been cut by over eight percent due to 775 00:37:38,920 --> 00:37:40,959 Speaker 2: surpluses and the Labor Government's tea put king a mess. 776 00:37:40,960 --> 00:37:42,719 Speaker 2: Of course, we still have too many staff, we find 777 00:37:42,719 --> 00:37:45,440 Speaker 2: out yesterday relative to how many students are actually enrolling now. 778 00:37:45,480 --> 00:37:48,520 Speaker 2: Penny Simmons is the Vocational Education Minister in charge of 779 00:37:48,600 --> 00:37:50,080 Speaker 2: unwinding all of this, and she's with us. 780 00:37:50,080 --> 00:37:52,160 Speaker 16: Penny morning, Good morning, Mike. 781 00:37:52,360 --> 00:37:54,480 Speaker 2: Are you winning? Are you making some ground here? Do 782 00:37:54,480 --> 00:37:55,760 Speaker 2: you feel like you've made progress? 783 00:37:56,520 --> 00:38:01,440 Speaker 16: Absolutely, We've turned the thing around and we are making progress. 784 00:38:01,480 --> 00:38:05,640 Speaker 16: We're getting the costs down, We've made those staffing decreases 785 00:38:05,680 --> 00:38:08,120 Speaker 16: as a foot view stool to go. We've got the 786 00:38:08,239 --> 00:38:11,759 Speaker 16: legislation in the Select Committee. It'll be back by September. 787 00:38:12,600 --> 00:38:15,800 Speaker 16: Cabinets will be making decisions about which polytechnics are stood 788 00:38:15,840 --> 00:38:18,480 Speaker 16: up on one January next year. They'll be making that 789 00:38:18,520 --> 00:38:21,000 Speaker 16: decision by the end of this month, so we're well 790 00:38:21,040 --> 00:38:24,279 Speaker 16: on the way. We've got community advisors back worth each 791 00:38:24,280 --> 00:38:27,879 Speaker 16: of the polytechnics, so well on the way. And look, 792 00:38:28,000 --> 00:38:30,879 Speaker 16: those staff numbers have had to come down because at 793 00:38:30,920 --> 00:38:34,799 Speaker 16: their worst in twenty twenty two there will one academic 794 00:38:34,840 --> 00:38:37,959 Speaker 16: staff member for nine and a half students, so that's 795 00:38:37,960 --> 00:38:41,080 Speaker 16: in class average size of nine and a half students. 796 00:38:41,160 --> 00:38:42,200 Speaker 16: It's just asn't. 797 00:38:42,000 --> 00:38:45,000 Speaker 2: Viable now it does not do. We have reputational issues 798 00:38:45,000 --> 00:38:47,480 Speaker 2: in terms of enrollment. In other words, when you announce 799 00:38:47,520 --> 00:38:48,839 Speaker 2: all of this, will people flood back? 800 00:38:50,320 --> 00:38:53,560 Speaker 16: I hope so, because yes, it's done enormous damage. It's 801 00:38:53,920 --> 00:38:57,440 Speaker 16: the student numbers have gone down by eleven thousand in 802 00:38:57,480 --> 00:39:02,479 Speaker 16: the polytech sector over the Tapouk King Fiesco. So we've 803 00:39:02,480 --> 00:39:04,920 Speaker 16: got to get that confidence back. So we've got to 804 00:39:04,920 --> 00:39:08,480 Speaker 16: get the student numbers up, the right size of staff 805 00:39:08,520 --> 00:39:11,120 Speaker 16: and then will be viable. And that's the hard work 806 00:39:11,120 --> 00:39:13,840 Speaker 16: we're doing at the moment, and that's starting to happen. 807 00:39:13,920 --> 00:39:17,000 Speaker 16: In twenty twenty four, student numbers went up by two 808 00:39:17,040 --> 00:39:20,239 Speaker 16: and a half thousand, staff numbers went down and we're 809 00:39:20,400 --> 00:39:23,040 Speaker 16: starting to move the ratio in the right direction. 810 00:39:23,440 --> 00:39:26,640 Speaker 2: Thank the Good Lord for that. Pennypreciate a penny simmificational 811 00:39:26,719 --> 00:39:29,600 Speaker 2: Education Minister. By the way, Mark Mitchell touched down at 812 00:39:29,640 --> 00:39:31,880 Speaker 2: three point thirty this morning New Zealand time in China. 813 00:39:32,760 --> 00:39:34,279 Speaker 2: So I don't know whether he's going to sleep or 814 00:39:34,280 --> 00:39:36,920 Speaker 2: getting up, or staying up or partying big, but he 815 00:39:36,960 --> 00:39:38,520 Speaker 2: will be with us up to eight o'clock. The reason 816 00:39:38,520 --> 00:39:40,480 Speaker 2: I mentioned China is because two thirds of New Zealand 817 00:39:40,520 --> 00:39:45,919 Speaker 2: businesses who operate in China are expecting increased revenue next year, 818 00:39:45,920 --> 00:39:48,120 Speaker 2: more than half of projecting higher profits. This is from 819 00:39:48,120 --> 00:39:51,080 Speaker 2: the New Zealand Business Roundtable and China People their Business 820 00:39:51,080 --> 00:39:53,600 Speaker 2: Outlooks survey. The sentiment of sixty companies operating in that 821 00:39:53,640 --> 00:39:55,600 Speaker 2: particular part of the world very important. Of course, we 822 00:39:55,640 --> 00:39:57,439 Speaker 2: export twenty one and a half billion worth of goods 823 00:39:57,440 --> 00:40:00,359 Speaker 2: and services and we import seventeen So do they as numbers? 824 00:40:00,360 --> 00:40:02,960 Speaker 2: You're close to forty billion dollars worth of two way trade. 825 00:40:03,040 --> 00:40:06,600 Speaker 2: But they appear, despite what you would hear about China, 826 00:40:06,800 --> 00:40:09,080 Speaker 2: they would appear to be optimistic. So we'll get that 827 00:40:09,200 --> 00:40:10,920 Speaker 2: vibe from Mark. After eight seven. 828 00:40:10,719 --> 00:40:17,760 Speaker 1: Twenty The Mic Asking Breakfast Full Show podcast on iHeartRadio, 829 00:40:18,080 --> 00:40:19,520 Speaker 1: fow it by News Talks Evy. 830 00:40:21,840 --> 00:40:23,520 Speaker 2: Now, if you're looking for some winter deals, let me 831 00:40:23,520 --> 00:40:25,640 Speaker 2: tell you about Chemist Warehouse. That's the place to celebrate 832 00:40:25,640 --> 00:40:27,640 Speaker 2: the savings of this winterhead and store. Do it online 833 00:40:27,640 --> 00:40:29,640 Speaker 2: if you like to shop a massive range to winter 834 00:40:29,680 --> 00:40:32,520 Speaker 2: bargains on Vitamin's cosmetic skin care, fragrances and much much 835 00:40:32,520 --> 00:40:36,760 Speaker 2: more so. Larel Paris Revital of Day Cream spr fifty 836 00:40:36,760 --> 00:40:39,040 Speaker 2: to fifty mils for only forty four ninety nine. You 837 00:40:39,080 --> 00:40:42,319 Speaker 2: can pick up some Swiss alt Aulti Booster Magnesium two 838 00:40:42,400 --> 00:40:45,080 Speaker 2: hundred tablets twenty six to forty nine. Get your hands 839 00:40:45,120 --> 00:40:48,160 Speaker 2: on the must have Mark Jacob's Daisy Adu toilette fifty 840 00:40:48,160 --> 00:40:51,359 Speaker 2: mils now eighty nine ninety nine unbeatable. Chemist Warehouse winter 841 00:40:51,400 --> 00:40:54,640 Speaker 2: catalog offers. They all got to end twenty five June, 842 00:40:55,239 --> 00:40:56,839 Speaker 2: so you got to head to the Chemist Warehouse. And 843 00:40:56,880 --> 00:40:59,360 Speaker 2: in addition to visiting the local Chemist Warehouse store, you 844 00:40:59,400 --> 00:41:02,839 Speaker 2: can always online. You can click and collect that saves time. 845 00:41:02,960 --> 00:41:05,000 Speaker 2: You can choose fast delivery for same day home delivery 846 00:41:05,040 --> 00:41:07,480 Speaker 2: if you want teas and season charges may apply. Celebrate 847 00:41:07,520 --> 00:41:10,799 Speaker 2: savings this winter with Chemist Warehouse because they've got great 848 00:41:10,840 --> 00:41:13,680 Speaker 2: savings every day asking thirty four. 849 00:41:13,719 --> 00:41:13,879 Speaker 3: Now. 850 00:41:13,880 --> 00:41:17,400 Speaker 2: Perhaps the most startling thing of the news yesterday that 851 00:41:17,480 --> 00:41:19,799 Speaker 2: our old mates at the state radio broadcaster have opened 852 00:41:19,800 --> 00:41:23,080 Speaker 2: a voluntary redundancy program is that they've never done that before. 853 00:41:23,920 --> 00:41:26,160 Speaker 2: One hundred years they've been doing the business, said Radio 854 00:41:26,160 --> 00:41:28,520 Speaker 2: New Zealand, one hundred years never had a voluntary redundancy 855 00:41:28,560 --> 00:41:30,880 Speaker 2: tells you something about how insulated the real world from 856 00:41:30,920 --> 00:41:33,520 Speaker 2: the real world they are, mind you, I don't even 857 00:41:33,520 --> 00:41:35,560 Speaker 2: know that's true actually, because Radio New Zealand used to 858 00:41:35,560 --> 00:41:37,960 Speaker 2: be a whole different beast and milely days of broadcasting. 859 00:41:38,040 --> 00:41:42,040 Speaker 2: Radio New Zealand en compassed commercial and non commercial radio stations, 860 00:41:42,080 --> 00:41:44,040 Speaker 2: and there was I can tell you from personal experience, 861 00:41:44,040 --> 00:41:46,759 Speaker 2: no shortage of carnage. Fiscally. The place was run by 862 00:41:46,800 --> 00:41:49,280 Speaker 2: halfwits and we were permanently in a state of flux, 863 00:41:49,280 --> 00:41:51,799 Speaker 2: if not carnage. The most famous might have been a 864 00:41:51,840 --> 00:41:54,520 Speaker 2: thing called Project Arara, where we allegedly all took pay cuts. 865 00:41:54,560 --> 00:41:56,400 Speaker 2: That was a scandal in and of itself. So it's 866 00:41:56,440 --> 00:41:58,440 Speaker 2: not like the media hasn't seen tricky days. And I 867 00:41:58,520 --> 00:42:01,200 Speaker 2: think that's the ultimate point here, isn't it. There's a 868 00:42:01,280 --> 00:42:04,360 Speaker 2: tremendous amount of coverage of the media too much, really, 869 00:42:04,640 --> 00:42:06,120 Speaker 2: and if I can be a little bit blunt, a 870 00:42:06,160 --> 00:42:08,040 Speaker 2: lot of the tough stuff in the industry is no 871 00:42:08,160 --> 00:42:11,120 Speaker 2: more upsetting than the dark days for any number of industries. 872 00:42:11,120 --> 00:42:13,279 Speaker 2: You can try a construction and hospital at the moment. Also, 873 00:42:13,760 --> 00:42:15,840 Speaker 2: and this applies to radio in New Zealand. If you 874 00:42:15,880 --> 00:42:18,080 Speaker 2: live in a false world, it will catch up with 875 00:42:18,120 --> 00:42:21,840 Speaker 2: you eventually. Yes, media, like a lot of industries, is changing, 876 00:42:21,920 --> 00:42:25,840 Speaker 2: but then it always has. Forty four years in accounting, 877 00:42:25,880 --> 00:42:27,440 Speaker 2: for me, I can tell your media has been in 878 00:42:27,480 --> 00:42:31,040 Speaker 2: a constant state of change, if not upheaval. It's all 879 00:42:31,080 --> 00:42:34,920 Speaker 2: I've ever known. No, it wasn't always Google or Facebook 880 00:42:35,000 --> 00:42:37,360 Speaker 2: nicking the ad money, but it was video or TV, 881 00:42:37,560 --> 00:42:40,840 Speaker 2: or deregulation of licenses or rubbish management. Having worked at 882 00:42:40,880 --> 00:42:44,200 Speaker 2: Morning Report myself, you've never seen such a sheltered workshop 883 00:42:44,239 --> 00:42:46,760 Speaker 2: of lavish staffing and indulgence. They enter the Radio Awards 884 00:42:46,760 --> 00:42:48,960 Speaker 2: every year and apart from not winning, the joke in 885 00:42:49,000 --> 00:42:52,600 Speaker 2: the industry is the number of producers they've got. Nineteen nineteen, 886 00:42:52,640 --> 00:42:55,640 Speaker 2: I think we counted as a record you series. For contrast, 887 00:42:56,080 --> 00:43:00,000 Speaker 2: this show which one wins and two has more listeners 888 00:43:00,440 --> 00:43:03,400 Speaker 2: three and that includes Glenn, which is debatable as to 889 00:43:03,400 --> 00:43:05,799 Speaker 2: whether we should include them at all. I wish no 890 00:43:05,840 --> 00:43:07,560 Speaker 2: one ill will. Don't get me wrong, I wish no 891 00:43:07,600 --> 00:43:10,440 Speaker 2: one ill will. I wish boon times prevailed across the 892 00:43:10,440 --> 00:43:13,560 Speaker 2: whole landscape. But equally I wish people lived in the 893 00:43:13,600 --> 00:43:15,880 Speaker 2: real world. And Willie Jackson handing out tens of millions 894 00:43:15,920 --> 00:43:18,759 Speaker 2: as irresponsible politics not a business plan. Willy and a 895 00:43:18,840 --> 00:43:21,360 Speaker 2: zilk as always never paid the price for this, the 896 00:43:21,400 --> 00:43:24,200 Speaker 2: poor sap who took the New Radio New Zealand job. 897 00:43:24,239 --> 00:43:26,960 Speaker 2: Will The money that pays for jobs is either earned 898 00:43:27,480 --> 00:43:30,520 Speaker 2: or it's given. If it's given, it's always on a whim, 899 00:43:30,719 --> 00:43:33,160 Speaker 2: in this case a political one. It is not their 900 00:43:33,200 --> 00:43:36,400 Speaker 2: fault that Willy is an idiot pasking. I had a 901 00:43:36,400 --> 00:43:38,480 Speaker 2: business Mike for Capiti twenty two years. Believe me, the 902 00:43:38,560 --> 00:43:41,239 Speaker 2: days are long gone where one could go to the 903 00:43:41,239 --> 00:43:43,200 Speaker 2: bank to discuss your business with a manager. I'm starting 904 00:43:43,280 --> 00:43:44,960 Speaker 2: up a business again. Contact to the bank had to 905 00:43:44,960 --> 00:43:47,640 Speaker 2: wait ten days to get an appointment with whoever bank 906 00:43:47,640 --> 00:43:50,040 Speaker 2: are understaff. They do not give a rats about small 907 00:43:50,040 --> 00:43:52,240 Speaker 2: to medium businesses. So this goes back to our conversation 908 00:43:52,280 --> 00:43:54,680 Speaker 2: an hour ago on the program Morning Mike Small business 909 00:43:54,719 --> 00:43:57,800 Speaker 2: spoke so much sense earlier on operated in SME for 910 00:43:57,840 --> 00:44:00,759 Speaker 2: over twenty five years of manufacturing, can get easy money 911 00:44:00,800 --> 00:44:03,600 Speaker 2: for residential housing, but keep getting decline for investing in plant. 912 00:44:03,640 --> 00:44:05,920 Speaker 2: The issue is the way they treat commercial property loans 913 00:44:06,120 --> 00:44:08,279 Speaker 2: which they expect to be repaid in ten years, and 914 00:44:08,320 --> 00:44:10,560 Speaker 2: that and impact service ability on new debt and their eyes. 915 00:44:11,000 --> 00:44:13,080 Speaker 2: I think what I've come to the conclusion, and once 916 00:44:13,120 --> 00:44:15,040 Speaker 2: again I reiterate, we will get somebody on from the 917 00:44:15,040 --> 00:44:17,040 Speaker 2: banks to talk about it. There are rules around the 918 00:44:17,040 --> 00:44:20,799 Speaker 2: way they handle business lending versus housing. It's a lot 919 00:44:20,840 --> 00:44:23,279 Speaker 2: easier to get money out into housing. It's harder to 920 00:44:23,320 --> 00:44:26,640 Speaker 2: get money out into business. Those are the rules, and 921 00:44:26,680 --> 00:44:29,920 Speaker 2: maybe it's the rules that need looking at, if not changing, 922 00:44:29,920 --> 00:44:33,040 Speaker 2: but that's for another day. Simming and Brown new Stats 923 00:44:34,280 --> 00:44:37,319 Speaker 2: tells us that things are slowly improving in the health 924 00:44:37,400 --> 00:44:40,640 Speaker 2: escape and the Health Department. Health Minister with us after 925 00:44:40,640 --> 00:44:42,440 Speaker 2: the News, which is next to News Talks EDB. 926 00:44:43,320 --> 00:44:47,360 Speaker 1: New Zealand's voice of reason is Mike the Mic asking 927 00:44:47,360 --> 00:44:52,560 Speaker 1: Breakfast with Veda, Retirement, Communities, Life Your Way, News Talks, dB. 928 00:44:52,719 --> 00:44:56,040 Speaker 2: Crime Minister Landlers in China. First thing to report, of course, 929 00:44:56,120 --> 00:44:58,080 Speaker 2: is the seven five seven obviously made it. It was 930 00:44:58,080 --> 00:45:01,960 Speaker 2: Auckland to Darwin, Darwin to man Manila to China, so 931 00:45:02,040 --> 00:45:04,200 Speaker 2: it's it's been a haul. So anyway, they arrived at 932 00:45:04,200 --> 00:45:06,840 Speaker 2: three thirty mark. Mitchell's there as part of a delegation, 933 00:45:07,440 --> 00:45:09,080 Speaker 2: so he's going to be with a slide out of 934 00:45:09,160 --> 00:45:11,560 Speaker 2: China as part of politics Wednesday with Jenny Anderson after 935 00:45:11,640 --> 00:45:13,560 Speaker 2: eight o'clock meantime of twenty three minutes away from it? 936 00:45:13,760 --> 00:45:15,960 Speaker 2: Are we seeing positive movement in the old health system? 937 00:45:16,280 --> 00:45:19,400 Speaker 2: New numbers on the target's new numbers on our target 938 00:45:19,400 --> 00:45:21,720 Speaker 2: show that in cancer treatment, eighty four point six percent 939 00:45:21,760 --> 00:45:24,640 Speaker 2: of patients are starting treatment within thirty one days now. 940 00:45:24,640 --> 00:45:27,080 Speaker 2: That's up from eighty three percent. Seventy four point two 941 00:45:27,080 --> 00:45:30,600 Speaker 2: percent are admitted, discharged or transferred within six hours at 942 00:45:30,640 --> 00:45:32,840 Speaker 2: the EDS. That is up from seventy point one percent. 943 00:45:32,880 --> 00:45:34,960 Speaker 2: So so Meian Browns the Health Ministry of course, and 944 00:45:35,000 --> 00:45:37,680 Speaker 2: it's back with us. Good morning, good morning mite. Are 945 00:45:37,719 --> 00:45:40,440 Speaker 2: these numbers significant or just stats? I mean, what's the 946 00:45:40,480 --> 00:45:42,959 Speaker 2: difference in I mean what is eighty three to eighty 947 00:45:43,000 --> 00:45:43,960 Speaker 2: four point six mean? 948 00:45:45,239 --> 00:45:48,000 Speaker 7: Well, it's an improvement and these are quarter by quarter 949 00:45:49,480 --> 00:45:53,160 Speaker 7: data points. This show's progress. We're committed to releasing this 950 00:45:53,239 --> 00:45:56,600 Speaker 7: information every three months so that the public can see 951 00:45:56,800 --> 00:45:59,839 Speaker 7: how well our health system is performing. But ultimately there 952 00:45:59,880 --> 00:46:01,759 Speaker 7: is a long way to go. We want ninety five 953 00:46:01,800 --> 00:46:06,160 Speaker 7: percent of patients being seen an emergency department within six hours, 954 00:46:06,160 --> 00:46:08,239 Speaker 7: so there is a long way to go. We want 955 00:46:08,320 --> 00:46:12,080 Speaker 7: ninety five percent of cancer tre cancer patients being seen 956 00:46:12,120 --> 00:46:16,200 Speaker 7: within within thirty one days as well, So there's still 957 00:46:16,280 --> 00:46:18,480 Speaker 7: work to do, but we're seeing progress in the right 958 00:46:18,520 --> 00:46:21,640 Speaker 7: direction and I'm going to continue that focus as Minister 959 00:46:21,719 --> 00:46:22,080 Speaker 7: of Health. 960 00:46:22,160 --> 00:46:23,600 Speaker 2: So on cancer have you're seeing a one and a 961 00:46:23,640 --> 00:46:29,040 Speaker 2: half percent improvement per quarter, that is six per year, 962 00:46:29,960 --> 00:46:31,200 Speaker 2: so you're a few years off. 963 00:46:32,640 --> 00:46:35,520 Speaker 7: Well, the targets are to meet that by twenty thirty. 964 00:46:35,560 --> 00:46:38,120 Speaker 7: We had a significant reduction over the last six years. 965 00:46:39,280 --> 00:46:43,320 Speaker 7: The health system is turning these around. Will take time, 966 00:46:43,920 --> 00:46:46,520 Speaker 7: but the reality is my expectations is that Health New 967 00:46:46,560 --> 00:46:49,600 Speaker 7: Zealand does need to move faster on these That's why 968 00:46:49,600 --> 00:46:52,440 Speaker 7: we're doing the elective boost at the moment, which is 969 00:46:52,480 --> 00:46:56,200 Speaker 7: outsourcing electives to the private sector at pace. We've done 970 00:46:56,239 --> 00:46:58,520 Speaker 7: nine and a half thousand so far, because actually we 971 00:46:59,239 --> 00:47:01,799 Speaker 7: can't wait till then. We have to be impatient and 972 00:47:01,840 --> 00:47:04,040 Speaker 7: we have to focus on putting patients first and doing 973 00:47:04,080 --> 00:47:06,520 Speaker 7: everything we can to get these treatments done. 974 00:47:06,640 --> 00:47:09,080 Speaker 2: We covered that on the program the other day. Are 975 00:47:09,080 --> 00:47:13,720 Speaker 2: you surprised about the angst around the private sector? 976 00:47:14,560 --> 00:47:14,759 Speaker 12: Oh? 977 00:47:14,760 --> 00:47:17,320 Speaker 7: Look, there's lots of noise from the unions, the Labor Party, 978 00:47:18,239 --> 00:47:22,800 Speaker 7: various voices and other media. Of course, who just oppose 979 00:47:22,880 --> 00:47:26,080 Speaker 7: anything which is about actually getting things done for patients. 980 00:47:27,000 --> 00:47:29,799 Speaker 7: I don't think a patient key is when they're sitting 981 00:47:29,800 --> 00:47:31,840 Speaker 7: on the operating table and looking up at the ceiling 982 00:47:31,880 --> 00:47:34,879 Speaker 7: and going, oh my goodness, who owns the roof? They're 983 00:47:34,920 --> 00:47:37,000 Speaker 7: focused on getting their treatment done. And that is my 984 00:47:37,120 --> 00:47:39,520 Speaker 7: focus as Minister of Health is getting the treatments done 985 00:47:39,640 --> 00:47:42,239 Speaker 7: that patients need and I will continue to have that 986 00:47:42,280 --> 00:47:43,399 Speaker 7: focus as Minister of Health. 987 00:47:43,440 --> 00:47:45,440 Speaker 2: The point they make that I think is fair. It 988 00:47:45,520 --> 00:47:48,719 Speaker 2: deprives surgical registrars of training, which is true, isn't it Yep? 989 00:47:48,760 --> 00:47:50,640 Speaker 7: I think that's a fair point. And that's where of 990 00:47:50,719 --> 00:47:52,839 Speaker 7: asked howth New Zealand to work and have long term 991 00:47:52,880 --> 00:47:56,799 Speaker 7: agreements with these with these private hospitals and actually look 992 00:47:57,040 --> 00:48:02,440 Speaker 7: at including training opportunities in those agreements. When we do outsource, 993 00:48:02,480 --> 00:48:05,640 Speaker 7: we do need to make sure it's beneficial to both 994 00:48:05,840 --> 00:48:07,799 Speaker 7: public and private. We need to make sure that people 995 00:48:07,840 --> 00:48:09,960 Speaker 7: are getting seen quickly, but we also do need to 996 00:48:09,960 --> 00:48:13,279 Speaker 7: make sure we are retaining those training opportunities for the 997 00:48:13,280 --> 00:48:16,520 Speaker 7: next generation of surgeons and specialists. That is critically important 998 00:48:16,680 --> 00:48:18,279 Speaker 7: in our vast Health New Zealand to make sure that's 999 00:48:18,280 --> 00:48:19,000 Speaker 7: included as part. 1000 00:48:19,040 --> 00:48:21,200 Speaker 2: Do you have any reason to believe that the private 1001 00:48:21,200 --> 00:48:24,640 Speaker 2: sector wouldn't be interested in doing that. 1002 00:48:24,680 --> 00:48:27,920 Speaker 7: All the feedback from the operators that I've spoken to 1003 00:48:28,000 --> 00:48:31,680 Speaker 7: is that they have interest in that. There are negotiations 1004 00:48:31,760 --> 00:48:34,640 Speaker 7: underway between Health New Zealand and those operators around those points. 1005 00:48:34,840 --> 00:48:37,960 Speaker 7: Obviously a lot of detailed work through, but look at 1006 00:48:37,960 --> 00:48:39,640 Speaker 7: the end of the day, it's putting patients at the 1007 00:48:39,680 --> 00:48:41,120 Speaker 7: center to get things done. 1008 00:48:41,320 --> 00:48:44,880 Speaker 2: Now, also reading yesterday the Royal College Australasian College of 1009 00:48:44,920 --> 00:48:47,879 Speaker 2: Surgeons and they're not alone, but they argue, and I've 1010 00:48:47,920 --> 00:48:49,640 Speaker 2: not been able to get to the bottom of it either. 1011 00:48:49,800 --> 00:48:52,880 Speaker 2: They argue it is actually more expensive to do it 1012 00:48:52,920 --> 00:48:55,480 Speaker 2: privately than it is publicly, and what the public system 1013 00:48:55,560 --> 00:48:58,960 Speaker 2: needs is more funding. How do they square that circle 1014 00:48:59,120 --> 00:49:00,200 Speaker 2: or are they simply making. 1015 00:49:00,000 --> 00:49:02,440 Speaker 7: Well, we need to be investing both in you know, 1016 00:49:02,560 --> 00:49:04,680 Speaker 7: we need to invest ultimately in putting patients at the 1017 00:49:04,680 --> 00:49:07,640 Speaker 7: center and going we need things to get done. Look, 1018 00:49:07,680 --> 00:49:11,239 Speaker 7: the majority, the vast majority of elective surgeries happen in 1019 00:49:11,880 --> 00:49:15,200 Speaker 7: the public system. Around ten percent happened in the private system. 1020 00:49:15,200 --> 00:49:17,160 Speaker 7: But this is about ensuring we can get surgeries done 1021 00:49:17,160 --> 00:49:19,560 Speaker 7: in a timely manner, and that will require outsourcing. It's 1022 00:49:19,560 --> 00:49:22,480 Speaker 7: always happened. In fact, Chris Hipkins, when he was Minister 1023 00:49:22,520 --> 00:49:24,799 Speaker 7: of Health back in twenty twenty, took a paper to 1024 00:49:24,840 --> 00:49:27,160 Speaker 7: cabinet saying we need to use more of the private 1025 00:49:27,200 --> 00:49:30,280 Speaker 7: system to get more done. So here they are opposing 1026 00:49:30,360 --> 00:49:32,200 Speaker 7: what we're doing today when he took a paper up 1027 00:49:32,200 --> 00:49:33,120 Speaker 7: to cabinet in twenty twenty. 1028 00:49:33,120 --> 00:49:35,800 Speaker 2: So that's why I can't understand why everyone's objecting to it. 1029 00:49:35,560 --> 00:49:37,840 Speaker 2: So would you argue because we had a private surgeon 1030 00:49:37,880 --> 00:49:39,520 Speaker 2: on the other day who said it's cheaper to do 1031 00:49:39,600 --> 00:49:42,200 Speaker 2: in the private sector, do you have a clear answer, 1032 00:49:42,239 --> 00:49:44,080 Speaker 2: is it cheaper to do in the private sector that 1033 00:49:44,280 --> 00:49:45,200 Speaker 2: it is in the public sector. 1034 00:49:45,440 --> 00:49:47,440 Speaker 7: It will depend in different parts of the country for 1035 00:49:47,440 --> 00:49:50,920 Speaker 7: different surgeries ultimately, but the point here is if you 1036 00:49:50,960 --> 00:49:54,080 Speaker 7: have long term agreements, you're able to get efficiencies, and 1037 00:49:54,120 --> 00:49:55,759 Speaker 7: that's where you're able to drive at the moment, Health 1038 00:49:55,800 --> 00:49:57,560 Speaker 7: New Zealand or in the past, has done ad hoc 1039 00:49:57,680 --> 00:50:00,200 Speaker 7: arrangements where they do short term agreements. Of course going 1040 00:50:00,200 --> 00:50:02,600 Speaker 7: to be more expensive if that's the approach you do it. 1041 00:50:02,840 --> 00:50:06,200 Speaker 7: If you take a long term approach, you can get efficiencies, better, 1042 00:50:06,280 --> 00:50:09,280 Speaker 7: better value for money and ultimately better care for patients, 1043 00:50:09,280 --> 00:50:10,120 Speaker 7: which is my focus. 1044 00:50:10,239 --> 00:50:12,000 Speaker 2: The other thing he said I thought was interesting and 1045 00:50:12,040 --> 00:50:14,319 Speaker 2: I didn't know about is he claims if things look 1046 00:50:14,440 --> 00:50:16,600 Speaker 2: like they might be going past four o'clock, it starts 1047 00:50:16,640 --> 00:50:18,560 Speaker 2: to close down a bit. Is that true. 1048 00:50:19,280 --> 00:50:23,360 Speaker 7: Well, look, there is heavily unionized contractoral arrange arrangements in 1049 00:50:23,400 --> 00:50:25,279 Speaker 7: the public system, and so yes, you do end up 1050 00:50:25,280 --> 00:50:29,840 Speaker 7: with in efficiencies throughout the system, and that those issues 1051 00:50:29,880 --> 00:50:32,560 Speaker 7: need to be dealt with by Health New Zealand to 1052 00:50:32,640 --> 00:50:36,720 Speaker 7: make sure that it is more efficient. But that's where again, 1053 00:50:36,880 --> 00:50:39,400 Speaker 7: using the public system and the private system and putting 1054 00:50:39,400 --> 00:50:41,360 Speaker 7: patients at the center is the answer. 1055 00:50:41,560 --> 00:50:44,799 Speaker 2: But how do you get around it? First of all, 1056 00:50:44,800 --> 00:50:46,719 Speaker 2: why does it even exist? I mean to say, oh, 1057 00:50:46,760 --> 00:50:48,280 Speaker 2: this is going to go to past four o'clock. 1058 00:50:48,360 --> 00:50:52,040 Speaker 7: Let's today those questions, Yeah, I mean I suggest you 1059 00:50:52,040 --> 00:50:55,080 Speaker 7: put those questions to the to the Senior Doctors Union 1060 00:50:55,080 --> 00:50:58,200 Speaker 7: when they when they're next on your show, because ultimately 1061 00:50:58,239 --> 00:51:01,040 Speaker 7: these are these are union agreement which have been negotiated 1062 00:51:01,080 --> 00:51:03,160 Speaker 7: over a long period of time, which drive inefficiency and 1063 00:51:03,200 --> 00:51:04,920 Speaker 7: a lack of productivity. 1064 00:51:04,400 --> 00:51:05,440 Speaker 2: With Health New Zealand. 1065 00:51:05,480 --> 00:51:08,680 Speaker 7: Though with Health New Zealand, I agree, and these are 1066 00:51:08,719 --> 00:51:12,560 Speaker 7: issues that do need to be resolved as part of 1067 00:51:12,600 --> 00:51:16,640 Speaker 7: those negotiations with the unions. But this is these are 1068 00:51:16,680 --> 00:51:20,360 Speaker 7: not issues that are going to be resolved overnight. Therefore, 1069 00:51:20,800 --> 00:51:22,799 Speaker 7: we have to focus on putting patients first. We have 1070 00:51:22,880 --> 00:51:25,239 Speaker 7: massive weightlifts we need to get through. And that's where 1071 00:51:25,480 --> 00:51:29,160 Speaker 7: I make no apology, no apology for using the private 1072 00:51:29,200 --> 00:51:30,399 Speaker 7: sector to get patient seen. 1073 00:51:30,560 --> 00:51:33,200 Speaker 2: All right, appreciate your times always, Health Minister sim And Brown. 1074 00:51:33,440 --> 00:51:35,120 Speaker 2: It is this pointing to find out that's true. Seventeen 1075 00:51:35,120 --> 00:51:38,160 Speaker 2: minutes away from eight tasking Bay of Islands. Now, this 1076 00:51:38,239 --> 00:51:40,840 Speaker 2: is another one of these moderately complicated things that you 1077 00:51:40,880 --> 00:51:42,839 Speaker 2: can understand to a degree why it's happening, but then 1078 00:51:42,840 --> 00:51:44,640 Speaker 2: again you disagree with the other reasons. So the Bay 1079 00:51:44,640 --> 00:51:47,040 Speaker 2: of Blans cruise season, so this all goes to tourism, right, 1080 00:51:47,320 --> 00:51:49,560 Speaker 2: we want more tourists. Yes, we're spending more money getting 1081 00:51:49,560 --> 00:51:51,600 Speaker 2: more tourists back. Yes, we haven't got back to where 1082 00:51:51,640 --> 00:51:52,400 Speaker 2: we were in COVID. 1083 00:51:52,440 --> 00:51:52,520 Speaker 12: No. 1084 00:51:53,200 --> 00:51:55,240 Speaker 2: So one of the things that's happening is the cruising system. 1085 00:51:55,280 --> 00:51:57,239 Speaker 2: Now the cruising system is not the way it was. 1086 00:51:57,280 --> 00:51:59,640 Speaker 2: And I'm reading this morning the Bay of Islands one 1087 00:51:59,680 --> 00:52:01,480 Speaker 2: of the most beautiful parts of the country, whether you're 1088 00:52:01,480 --> 00:52:03,279 Speaker 2: on a cruise ship or not. Next year the number 1089 00:52:03,280 --> 00:52:07,200 Speaker 2: of ships coming is almost harped. Why well, costs yet again, 1090 00:52:07,320 --> 00:52:11,880 Speaker 2: more costs, central government costs, port costs, regional authority costs. 1091 00:52:12,640 --> 00:52:17,160 Speaker 2: You've got a biofouling rule, which I can understand. So 1092 00:52:17,360 --> 00:52:19,480 Speaker 2: they've got a you know, they've got to tart their 1093 00:52:19,480 --> 00:52:21,600 Speaker 2: act up a bit, so I understand that part. But 1094 00:52:22,760 --> 00:52:25,960 Speaker 2: last season ninety two cruise ships, this year forty seven. 1095 00:52:26,360 --> 00:52:28,319 Speaker 2: So how do you rebuild a tourism industry when you 1096 00:52:28,320 --> 00:52:29,280 Speaker 2: get those sort of numbers? 1097 00:52:29,320 --> 00:52:37,120 Speaker 18: Sixteen too the My Costing Breakfast full show podcast on iHeartRadio, 1098 00:52:37,440 --> 00:52:40,160 Speaker 18: powered by News Talks at be Jews. 1099 00:52:40,200 --> 00:52:42,960 Speaker 2: I'm just looking through the trying to find a text 1100 00:52:42,960 --> 00:52:45,040 Speaker 2: but I can't find It'll come back to it. Primate 1101 00:52:45,120 --> 00:52:46,799 Speaker 2: is going to pay rise in Australia. Let me give 1102 00:52:46,800 --> 00:52:49,320 Speaker 2: you the Liverpool cities actually first, before I talk about Albanese. 1103 00:52:49,320 --> 00:52:52,359 Speaker 2: It's just fascinated with lux and flu. As I told 1104 00:52:52,400 --> 00:52:55,040 Speaker 2: you on that seven five seven, I don't think I'm 1105 00:52:55,080 --> 00:52:57,120 Speaker 2: breaking confidence and saying Luxean was telling me the other 1106 00:52:57,160 --> 00:53:04,160 Speaker 2: day about Albanesi's planes. Planes. He's got three and they're 1107 00:53:04,200 --> 00:53:06,799 Speaker 2: what you would be calling sort of YEA seven three 1108 00:53:06,880 --> 00:53:08,760 Speaker 2: sevens your A three twenty, something like that, the stuff 1109 00:53:08,760 --> 00:53:10,800 Speaker 2: that flies from Auckland to christ Church, Auckland to Wellington, 1110 00:53:10,840 --> 00:53:12,560 Speaker 2: those sort of planes. And they got TVs on board 1111 00:53:12,600 --> 00:53:14,400 Speaker 2: and showers and Life flat beds and stuff like that. 1112 00:53:14,440 --> 00:53:17,000 Speaker 2: So he whip around Australia and those. If you're going 1113 00:53:17,000 --> 00:53:19,160 Speaker 2: somewhere further Afiel, he's got another plane. He's got a 1114 00:53:19,160 --> 00:53:21,440 Speaker 2: fourth plane, which is an A three fifty. Now the 1115 00:53:21,480 --> 00:53:23,720 Speaker 2: A three fifty is something you'd probably get on flying 1116 00:53:23,800 --> 00:53:26,520 Speaker 2: Singapore Airlines from Auckland to Singapore. So it's a big 1117 00:53:26,560 --> 00:53:28,239 Speaker 2: plane and they've got Life flat beds and they can 1118 00:53:28,239 --> 00:53:30,600 Speaker 2: watch the NRL live as they jet their way around 1119 00:53:30,600 --> 00:53:32,520 Speaker 2: the World's got full catering, drinks, food and all that 1120 00:53:32,520 --> 00:53:34,600 Speaker 2: sort of stuff. Meantime, we in this country have, of 1121 00:53:34,600 --> 00:53:36,680 Speaker 2: course these seven five seven, which is pieced together with 1122 00:53:37,640 --> 00:53:39,719 Speaker 2: no duct tape and some glue and has to fly 1123 00:53:39,840 --> 00:53:42,200 Speaker 2: from literally to get to China. If you go to 1124 00:53:42,239 --> 00:53:44,720 Speaker 2: Auckland Airport and you book a ticket on a commercial airline, 1125 00:53:44,760 --> 00:53:47,080 Speaker 2: you can get from Auckland to China in one go. 1126 00:53:47,880 --> 00:53:50,680 Speaker 2: But when we fly our plane, it goes from Auckland 1127 00:53:50,719 --> 00:53:54,400 Speaker 2: to Darwin, Darwen to Manilla, Manila to China. That's a 1128 00:53:54,400 --> 00:53:56,000 Speaker 2: bit work'd be so dismissive. 1129 00:53:56,120 --> 00:53:57,880 Speaker 11: It's a fine example of our. 1130 00:53:57,880 --> 00:54:02,400 Speaker 2: Number eight ingenuity. There's that randinga anyway, so elbans you 1131 00:54:02,440 --> 00:54:04,880 Speaker 2: get to pay rise. He's now on six hundred and 1132 00:54:04,920 --> 00:54:06,680 Speaker 2: twenty two thousand dollars. Now is that a lot of money? 1133 00:54:06,760 --> 00:54:08,040 Speaker 2: Of course, it's a lot of money, But then again 1134 00:54:08,040 --> 00:54:11,400 Speaker 2: he's running a country. Trump gets six hundred and seventeen. 1135 00:54:11,920 --> 00:54:15,319 Speaker 2: But then my point being, it's the stuff that surrounds it, 1136 00:54:15,400 --> 00:54:19,839 Speaker 2: isn't it. So Trump's not really worried about food or 1137 00:54:19,960 --> 00:54:23,160 Speaker 2: dry cleaning, or security or transport or anything. So, in 1138 00:54:23,200 --> 00:54:25,240 Speaker 2: other words, the six hundred and seventeen one thousand dollars 1139 00:54:25,280 --> 00:54:27,839 Speaker 2: is irrelevant because everything's paid for. Singapore's prominence then gets 1140 00:54:27,840 --> 00:54:29,880 Speaker 2: paid two and a half million. If you run Hong 1141 00:54:29,960 --> 00:54:32,040 Speaker 2: Kong you get one point one million the Swiss president 1142 00:54:32,080 --> 00:54:36,880 Speaker 2: gets eight hundred and seventy seven thousand dollars. Carney in 1143 00:54:36,960 --> 00:54:40,080 Speaker 2: Canada for seventy seven lux and for seventy four, so 1144 00:54:40,239 --> 00:54:42,399 Speaker 2: four seventy four he doesn't even get paid that well, 1145 00:54:42,400 --> 00:54:45,480 Speaker 2: and he's got a crack plane. See Starmer gets three 1146 00:54:45,520 --> 00:54:47,400 Speaker 2: sixty five, so even less than lux and you go 1147 00:54:47,400 --> 00:54:50,000 Speaker 2: wild on he's running all of Britain sixty six million people. 1148 00:54:50,440 --> 00:54:52,879 Speaker 2: But then again he's got a plane. Hasn't he got 1149 00:54:52,880 --> 00:54:56,960 Speaker 2: a proper plane? So it's really fancy glasses too. It's 1150 00:54:57,000 --> 00:54:59,640 Speaker 2: the stuff that goes with the job, not what you weren't. 1151 00:55:00,000 --> 00:55:02,279 Speaker 2: You can Luxon to be happier if he earned less 1152 00:55:02,280 --> 00:55:04,239 Speaker 2: but got a better play. I reckon he would. I 1153 00:55:04,320 --> 00:55:06,759 Speaker 2: reckon Luxon would work for free if he had a 1154 00:55:06,760 --> 00:55:09,359 Speaker 2: proper plane and could go places. Is my guess on 1155 00:55:09,400 --> 00:55:10,800 Speaker 2: that ten minutes away from. 1156 00:55:10,680 --> 00:55:15,160 Speaker 1: Me the Mic Hosking breakfast with al Vida Retirement Communities 1157 00:55:15,280 --> 00:55:16,200 Speaker 1: News togs had been. 1158 00:55:16,120 --> 00:55:18,040 Speaker 2: Given away from it as the Super Rugby can't comes 1159 00:55:18,040 --> 00:55:19,960 Speaker 2: to a conclusion. This weekend we get the news that 1160 00:55:20,080 --> 00:55:21,920 Speaker 2: Ardie sarv is not going to be around next year 1161 00:55:21,920 --> 00:55:24,359 Speaker 2: for Mowana Pacifica because he's off to Japan again on 1162 00:55:24,400 --> 00:55:27,320 Speaker 2: a sabbatical. Now, Debbie Sorenson's the Mawana Pacific a CEO 1163 00:55:27,440 --> 00:55:28,040 Speaker 2: and is with us. 1164 00:55:28,080 --> 00:55:29,960 Speaker 5: Good morning, Good morning here mate. 1165 00:55:30,200 --> 00:55:32,400 Speaker 2: Is this a shock or has it been coming? 1166 00:55:33,680 --> 00:55:36,759 Speaker 19: Oh no, it's not a shock at all. It's a 1167 00:55:36,840 --> 00:55:41,839 Speaker 19: normal part of professional players' careers. And you know, we 1168 00:55:42,120 --> 00:55:45,080 Speaker 19: are very lucky with the gift of Ardi in this 1169 00:55:45,160 --> 00:55:47,719 Speaker 19: last season and so for him to go away for 1170 00:55:47,760 --> 00:55:52,840 Speaker 19: a sabbatical and really you know, recharges batteries. We're looking 1171 00:55:52,880 --> 00:55:54,000 Speaker 19: forward to him returning. 1172 00:55:54,840 --> 00:55:56,960 Speaker 2: Was everybody on the same page, all the players, all 1173 00:55:57,000 --> 00:55:58,799 Speaker 2: the management or the organization. 1174 00:56:00,080 --> 00:56:04,480 Speaker 19: Indeed we are. We've just had the most miraculous season 1175 00:56:04,600 --> 00:56:07,319 Speaker 19: this year, given that it's our fourth year running, and 1176 00:56:07,400 --> 00:56:10,640 Speaker 19: to do so well and to beat all the major 1177 00:56:10,840 --> 00:56:15,319 Speaker 19: you know, New Zealand clubs has really been exciting for us. 1178 00:56:15,400 --> 00:56:17,919 Speaker 19: So what we've seen this year is we've seen real 1179 00:56:17,960 --> 00:56:21,239 Speaker 19: potential in real hope and we know that we can 1180 00:56:21,280 --> 00:56:23,880 Speaker 19: make finals footy. It's just a matter of when. 1181 00:56:24,080 --> 00:56:26,319 Speaker 2: Did you say something to Ardie like what you just 1182 00:56:26,360 --> 00:56:28,840 Speaker 2: told me, and how wonderful it's been. Wouldn't he like 1183 00:56:28,880 --> 00:56:30,640 Speaker 2: to hang around a bit longer and you know, take 1184 00:56:30,680 --> 00:56:31,520 Speaker 2: it to the next level. 1185 00:56:33,719 --> 00:56:35,759 Speaker 19: What I've said to Ardie is thank you for what 1186 00:56:35,800 --> 00:56:38,399 Speaker 19: you've done for us this year, and we've appreciated all 1187 00:56:38,400 --> 00:56:41,359 Speaker 19: of that that we wish him well for next year. 1188 00:56:42,040 --> 00:56:44,560 Speaker 19: Certainly if he changed his mind and wanted to stay, 1189 00:56:44,560 --> 00:56:47,000 Speaker 19: we'd be delighted. But you know, I think it's a 1190 00:56:47,040 --> 00:56:50,759 Speaker 19: big thing to support your players in their career and 1191 00:56:50,800 --> 00:56:53,359 Speaker 19: what they need to do to you know, carry on, 1192 00:56:53,640 --> 00:56:56,959 Speaker 19: and so this is a key part of Ardie's game, 1193 00:56:57,160 --> 00:57:00,000 Speaker 19: end of his career. So we wish him well next year. 1194 00:57:00,440 --> 00:57:03,000 Speaker 19: And having that relationship with Japan is a good thing 1195 00:57:03,080 --> 00:57:05,359 Speaker 19: for us. You know, it's good for Super Rugby Club 1196 00:57:05,400 --> 00:57:08,120 Speaker 19: to have a relationship with Japan and that's what we're 1197 00:57:08,160 --> 00:57:11,160 Speaker 19: able to build on with him going there this next season. 1198 00:57:11,440 --> 00:57:14,440 Speaker 2: Is it unfortunate to the extent that he's made in 1199 00:57:14,520 --> 00:57:18,760 Speaker 2: a team game, he's made an outsized contribution, hasn't he. 1200 00:57:18,840 --> 00:57:19,880 Speaker 2: I mean, he's been brilliant. 1201 00:57:20,680 --> 00:57:23,840 Speaker 19: He has been brilliant. And there's two things I'd say 1202 00:57:23,840 --> 00:57:27,240 Speaker 19: about that. He has played what I would consider the 1203 00:57:27,240 --> 00:57:30,960 Speaker 19: best rugby of his life playing for us, and a 1204 00:57:30,960 --> 00:57:33,160 Speaker 19: lot of that is that he's just enjoyed it and 1205 00:57:33,200 --> 00:57:35,680 Speaker 19: it's his whole authentic self. You know, he can bring 1206 00:57:35,720 --> 00:57:37,960 Speaker 19: his whole self to the club and be who he is. 1207 00:57:38,520 --> 00:57:41,240 Speaker 19: But what he's done is he's lifted the whole club, 1208 00:57:41,480 --> 00:57:45,800 Speaker 19: like he's lifted the squad, who you know, understand what 1209 00:57:45,840 --> 00:57:48,080 Speaker 19: it looks like if they can see what it looks 1210 00:57:48,120 --> 00:57:51,640 Speaker 19: like to be a professional player. And also the club 1211 00:57:51,800 --> 00:57:54,440 Speaker 19: and the fans. You know, we've had the most incredible 1212 00:57:54,520 --> 00:57:58,640 Speaker 19: turnout from our fans this year, and you know we're 1213 00:57:58,680 --> 00:58:00,880 Speaker 19: filling that and Ath how the fat him without much 1214 00:58:00,880 --> 00:58:05,520 Speaker 19: of a problem. So I think it might look inordinate, 1215 00:58:05,960 --> 00:58:08,120 Speaker 19: but actually there's a lot of things that go together 1216 00:58:08,200 --> 00:58:12,360 Speaker 19: to make it work really well. And Addie has worked 1217 00:58:12,440 --> 00:58:17,080 Speaker 19: quite hard to make sure that he's not the single outlier. 1218 00:58:17,880 --> 00:58:20,440 Speaker 19: He's worked hard to bring the squad together. He's done 1219 00:58:20,520 --> 00:58:23,840 Speaker 19: lots of mentoring of the leaders. He's just been amazing. 1220 00:58:23,960 --> 00:58:28,680 Speaker 2: Dirdy has Debbie preciated DeBie Sorenson, who's the one specific CEO. Mike, 1221 00:58:28,720 --> 00:58:30,760 Speaker 2: do you realize the same doctors working on the private 1222 00:58:30,760 --> 00:58:33,080 Speaker 2: sector and the public sector? Same doctor? Yes, I do 1223 00:58:33,200 --> 00:58:34,720 Speaker 2: realize that. I don't know what the big dealer is. 1224 00:58:34,760 --> 00:58:37,400 Speaker 2: Mike cacc has been contracting surgery to private facilities for 1225 00:58:37,480 --> 00:58:39,640 Speaker 2: years exactly. Mike, last week I had to take my 1226 00:58:39,680 --> 00:58:42,080 Speaker 2: son from Westport to christ Church for a standard tooth extraction. 1227 00:58:42,440 --> 00:58:44,960 Speaker 2: Westport Coast health is almost non existent. Michael, it's an 1228 00:58:44,960 --> 00:58:47,760 Speaker 2: interesting insight you give. Dentistry shouldn't really be part of 1229 00:58:47,760 --> 00:58:50,520 Speaker 2: the public health system in my humble opinion, and dentistry 1230 00:58:50,600 --> 00:58:52,520 Speaker 2: is a major problem within the public health system because 1231 00:58:52,520 --> 00:58:54,120 Speaker 2: we're short of dentists at the best of time, and 1232 00:58:54,200 --> 00:58:55,720 Speaker 2: very few of them actually worked for the public health 1233 00:58:55,760 --> 00:58:57,600 Speaker 2: system at all. So there's that line as to what 1234 00:58:57,640 --> 00:59:01,120 Speaker 2: you expect from the public versus But Mike, it's the 1235 00:59:01,320 --> 00:59:04,160 Speaker 2: A lot of you saying this, theater nurses and anesthetic 1236 00:59:04,200 --> 00:59:06,840 Speaker 2: technicians that shut theaters down. The reason is that the 1237 00:59:06,880 --> 00:59:10,240 Speaker 2: hospitals will not pay any overtime news for you. In 1238 00:59:10,280 --> 00:59:12,800 Speaker 2: a couple of moments, Scrutiny Week, How's that gone? A 1239 00:59:12,960 --> 00:59:16,280 Speaker 2: Ginny Anderson, Mark Mitchell Politics Wednesday After the News? Which 1240 00:59:16,440 --> 00:59:16,960 Speaker 2: is next? 1241 00:59:18,440 --> 00:59:24,480 Speaker 1: Mike Hasky instateful, engaging and vitally the Mic Hosking Breakfast 1242 00:59:24,680 --> 00:59:28,040 Speaker 1: with the Defender, Doctor the most powerful Defender ever made? 1243 00:59:28,040 --> 00:59:29,040 Speaker 1: And news togs dead be. 1244 00:59:31,560 --> 00:59:40,120 Speaker 15: Come on, Jie, come on, Chrystler, let's roll again. Built 1245 00:59:40,200 --> 00:59:43,560 Speaker 15: something years people, me. 1246 00:59:45,280 --> 00:59:46,920 Speaker 2: Build us the same way. 1247 00:59:47,720 --> 00:59:48,080 Speaker 5: Rust. 1248 00:59:49,400 --> 00:59:52,320 Speaker 2: He's not bad. He's still going. He's still angry. Neil 1249 00:59:52,360 --> 00:59:54,920 Speaker 2: Young obviously, and the Chrome Hearts. The Chrome Hearts are 1250 00:59:54,920 --> 00:59:57,480 Speaker 2: a new band. He announced that last year. Although the 1251 00:59:57,480 --> 00:59:59,560 Speaker 2: new band has made up of people who's played with before. 1252 00:59:59,520 --> 01:00:01,720 Speaker 2: I don't be him to taking any risks these days. 1253 01:00:02,280 --> 01:00:04,680 Speaker 2: They're from a band called Promise of the Real, the 1254 01:00:04,680 --> 01:00:07,640 Speaker 2: band led by Lucas Nelson Nelson, Yes, and Willie's son. 1255 01:00:08,360 --> 01:00:11,320 Speaker 2: They back Young on several albums and tours. There's a 1256 01:00:11,320 --> 01:00:14,760 Speaker 2: song called Dark Mirage apparently, which is a grungy companion 1257 01:00:14,760 --> 01:00:16,920 Speaker 2: piece that lends credence to rumors that Young and his 1258 01:00:17,080 --> 01:00:20,320 Speaker 2: daughter had a severe falling out after he divorced his 1259 01:00:20,400 --> 01:00:23,440 Speaker 2: second wife and her mother in twenty fourteen so he 1260 01:00:23,440 --> 01:00:26,360 Speaker 2: could marry Daryl Hannah. I don't know whether any of 1261 01:00:26,360 --> 01:00:28,560 Speaker 2: that's true, but I thought i'd dropped that in for funzies. 1262 01:00:28,600 --> 01:00:32,920 Speaker 2: But we've got ten glorious tracks and they last thirty 1263 01:00:32,920 --> 01:00:35,479 Speaker 2: seven let's call it thirty eight minutes, thirty seven minutes 1264 01:00:35,480 --> 01:00:37,960 Speaker 2: and fifty six seven. Now. Mark Mitchell is with us 1265 01:00:37,960 --> 01:00:39,920 Speaker 2: long a jimiy Anderson, Good morning to both of you two. 1266 01:00:40,760 --> 01:00:43,440 Speaker 3: Both. Good morning morning, Chiley, Good morning. 1267 01:00:43,360 --> 01:00:46,280 Speaker 2: My god, never learned to speak English here? How is Mark? 1268 01:00:46,320 --> 01:00:48,320 Speaker 2: First of all, thank you for getting up because quarter 1269 01:00:48,360 --> 01:00:49,960 Speaker 2: past four in the morning, or did you not go 1270 01:00:50,040 --> 01:00:50,360 Speaker 2: to bed? 1271 01:00:52,680 --> 01:00:54,400 Speaker 20: I didn't really go to bed because we got by 1272 01:00:54,440 --> 01:00:56,440 Speaker 20: the time we arrived at midnight. Then by the time 1273 01:00:56,440 --> 01:00:58,840 Speaker 20: we sort of got sworded into the hotel, so I 1274 01:00:58,880 --> 01:00:59,720 Speaker 20: had some reading to do. 1275 01:00:59,800 --> 01:01:03,800 Speaker 3: So of course you know that I loyally try to 1276 01:01:03,800 --> 01:01:04,360 Speaker 3: be on the show. 1277 01:01:04,560 --> 01:01:07,600 Speaker 20: I found out an experience when we had cyclone Gabriel, 1278 01:01:07,720 --> 01:01:11,200 Speaker 20: how the listeners on the show turn up and when 1279 01:01:11,200 --> 01:01:11,800 Speaker 20: I was over there. 1280 01:01:11,840 --> 01:01:12,800 Speaker 3: I mean, you know, we don't. 1281 01:01:12,600 --> 01:01:14,400 Speaker 20: Talk about this often, but the amount of messages that 1282 01:01:14,480 --> 01:01:17,000 Speaker 20: came through and that makes it that made a huge 1283 01:01:17,000 --> 01:01:19,520 Speaker 20: difference for the people on the ground, so people bothered 1284 01:01:19,560 --> 01:01:21,240 Speaker 20: tuning to us. I just make the effort and I 1285 01:01:21,240 --> 01:01:24,000 Speaker 20: think that that I want to turn up for the show. 1286 01:01:24,080 --> 01:01:27,080 Speaker 2: Good on you take us through the journey. Was it 1287 01:01:27,120 --> 01:01:30,960 Speaker 2: three or four days to get from Auckland to China? 1288 01:01:31,800 --> 01:01:35,000 Speaker 20: It probably felt like four, but that was too The 1289 01:01:35,120 --> 01:01:39,280 Speaker 20: journey was outstanding. Our New Zealand Defense Force person now 1290 01:01:39,320 --> 01:01:42,840 Speaker 20: particularly Air Force, and the way they operate the seven 1291 01:01:42,920 --> 01:01:45,600 Speaker 20: five to seven there was flawless. We had to stop 1292 01:01:45,600 --> 01:01:48,200 Speaker 20: in Ken's a refuel and then to stop in Singapore 1293 01:01:49,160 --> 01:01:50,560 Speaker 20: and then through to Shanghai. 1294 01:01:50,640 --> 01:01:52,320 Speaker 3: So no, it's been through. It's been a good trip, 1295 01:01:52,560 --> 01:01:53,080 Speaker 3: Isn't it funny? 1296 01:01:53,080 --> 01:01:54,640 Speaker 2: Because I was talking to him blux and about that 1297 01:01:54,680 --> 01:01:57,320 Speaker 2: the other day. He had you stopping in Darwin and Manila. 1298 01:01:57,880 --> 01:01:59,960 Speaker 2: So the fact that you stopped in Ken's and Singer 1299 01:02:00,120 --> 01:02:03,440 Speaker 2: poor indicates for a man who ran an airline, I'm 1300 01:02:03,440 --> 01:02:06,720 Speaker 2: just thinking to myself, jeez, well. 1301 01:02:06,520 --> 01:02:08,920 Speaker 20: No, he's I mean, he's completely depend on the advice 1302 01:02:08,960 --> 01:02:12,400 Speaker 20: that he gets from Defense and they will take the best, 1303 01:02:12,560 --> 01:02:15,360 Speaker 20: most efficient route to sort of give us here. But 1304 01:02:15,720 --> 01:02:18,960 Speaker 20: ultimately those are operational decisions for them, and that's the 1305 01:02:18,960 --> 01:02:20,840 Speaker 20: way that we came was and it was it was good. 1306 01:02:20,880 --> 01:02:23,920 Speaker 20: I mean, you know, huge respect to our delegation and 1307 01:02:24,040 --> 01:02:25,760 Speaker 20: our keywis that come on these things. We don't have 1308 01:02:26,120 --> 01:02:28,640 Speaker 20: the most modern technologies, maybe not the most comfortable flight 1309 01:02:28,640 --> 01:02:31,840 Speaker 20: of the world, but our youthful people are outstanding, and 1310 01:02:32,360 --> 01:02:35,680 Speaker 20: we've got an incredibly strong business delegation up here that 1311 01:02:35,960 --> 01:02:37,440 Speaker 20: it's an interest sise of the country. 1312 01:02:37,640 --> 01:02:40,560 Speaker 2: Well, okay, just move. I know you're on a bonafhone mark, 1313 01:02:40,640 --> 01:02:43,160 Speaker 2: so just move, because that's I think your prepay might 1314 01:02:43,160 --> 01:02:48,400 Speaker 2: be might be, Jenny. As far as scrutiny weeks concerned, 1315 01:02:48,440 --> 01:02:52,040 Speaker 2: let me come back to yesterday and and your two 1316 01:02:52,040 --> 01:02:55,360 Speaker 2: potty mouth colleagues. Is that what's happening? I mean, I 1317 01:02:55,360 --> 01:02:56,760 Speaker 2: mean what happened there? Do you know? 1318 01:02:57,600 --> 01:02:59,640 Speaker 21: No, I don't think that's an accurate reflection of what 1319 01:02:59,680 --> 01:03:02,960 Speaker 21: actually happens in scrutiny week. So I've had seven ministers 1320 01:03:03,000 --> 01:03:05,800 Speaker 21: so far, and we've been working really long hours to 1321 01:03:05,840 --> 01:03:08,280 Speaker 21: be able to drill into parts of the budget and 1322 01:03:08,360 --> 01:03:12,040 Speaker 21: ask questions to understand where money's being spent and where 1323 01:03:12,040 --> 01:03:12,760 Speaker 21: directions going. 1324 01:03:13,520 --> 01:03:16,479 Speaker 2: Is it de scended in your view? Because I remember 1325 01:03:16,520 --> 01:03:17,960 Speaker 2: you came on this probram was it one or two? 1326 01:03:18,000 --> 01:03:20,480 Speaker 2: How long scrutiny? Is this a second year or third year? 1327 01:03:20,920 --> 01:03:24,400 Speaker 21: I think it's the third year, yeah. 1328 01:03:23,960 --> 01:03:26,680 Speaker 2: Because the first year I remember you were quite bullish 1329 01:03:26,720 --> 01:03:28,480 Speaker 2: about it and it was interesting and it was a 1330 01:03:28,480 --> 01:03:30,800 Speaker 2: bit different. And I just wondered if, as I watched 1331 01:03:30,840 --> 01:03:33,760 Speaker 2: Web and Russell yesterday and the swearing and stuff, whether 1332 01:03:34,200 --> 01:03:36,960 Speaker 2: it's got a bit acrimonious because the fun factor has 1333 01:03:37,160 --> 01:03:39,480 Speaker 2: gone and now you're just backing into hating each other. 1334 01:03:40,360 --> 01:03:43,000 Speaker 21: Well, remember we always do this. There's two cycles in 1335 01:03:43,040 --> 01:03:45,760 Speaker 21: the budget where we're analyzing it. So there's just longer 1336 01:03:45,800 --> 01:03:48,800 Speaker 21: periods of time and dedicated in a week. So it's 1337 01:03:48,800 --> 01:03:51,920 Speaker 21: still the same process that what politicians have always done. 1338 01:03:52,160 --> 01:03:55,720 Speaker 21: Ministers front up and answer questions about the budget. So 1339 01:03:56,080 --> 01:03:59,280 Speaker 21: it just means that there should be by standing orders 1340 01:03:59,320 --> 01:04:02,560 Speaker 21: longer period it's a time when ministers are being questioned 1341 01:04:02,560 --> 01:04:05,960 Speaker 21: through scrutin your week, and some have changed. So we're 1342 01:04:06,000 --> 01:04:08,160 Speaker 21: still debating that because some have cut their times right 1343 01:04:08,160 --> 01:04:10,880 Speaker 21: back just to fifteen minutes and that's not what our 1344 01:04:10,880 --> 01:04:12,760 Speaker 21: standing orders specified for ministers. 1345 01:04:12,920 --> 01:04:13,880 Speaker 2: Is it still fruitful? 1346 01:04:14,960 --> 01:04:17,240 Speaker 21: I think so, Like you get to talk to things 1347 01:04:17,560 --> 01:04:20,400 Speaker 21: like I talked with Mark about police performance measures and 1348 01:04:20,440 --> 01:04:22,800 Speaker 21: how they've been lowered. He denies that they have been 1349 01:04:22,840 --> 01:04:25,040 Speaker 21: and I debate that it's pretty clear from the budget 1350 01:04:25,040 --> 01:04:27,160 Speaker 21: that they have been lowered. So you get to talk 1351 01:04:27,200 --> 01:04:30,680 Speaker 21: about parts of the budget that are quite drilling down 1352 01:04:30,720 --> 01:04:33,800 Speaker 21: into detail that otherwise you wouldn't have that opportunity to 1353 01:04:33,880 --> 01:04:34,320 Speaker 21: talk about. 1354 01:04:34,600 --> 01:04:39,040 Speaker 20: Well, I had six hours of hearings on Monday and 1355 01:04:39,800 --> 01:04:40,880 Speaker 20: they only need twenty minutes. 1356 01:04:40,920 --> 01:04:42,880 Speaker 3: It's very weak. They don't come very well prepared. 1357 01:04:42,920 --> 01:04:46,080 Speaker 20: The questions aren't very good, so you know, probably twenty 1358 01:04:46,080 --> 01:04:47,800 Speaker 20: minutes is all you need in reality. 1359 01:04:47,480 --> 01:04:48,160 Speaker 3: But we go them. 1360 01:04:48,160 --> 01:04:49,560 Speaker 20: I gave them an hour and a half an hour, 1361 01:04:50,080 --> 01:04:51,520 Speaker 20: half an hour, half and a a half an hour 1362 01:04:51,520 --> 01:04:52,360 Speaker 20: and half an hour on my. 1363 01:04:54,600 --> 01:04:56,440 Speaker 3: You know, scrutiny hearings. 1364 01:04:56,560 --> 01:05:00,040 Speaker 2: Okay, Indigenous people is the official title of which you 1365 01:05:00,000 --> 01:05:06,640 Speaker 2: you are in China? What literally are you doing? Okay? 1366 01:05:06,640 --> 01:05:08,720 Speaker 2: Bernapine's completely run out of breath. Break more in a 1367 01:05:08,720 --> 01:05:10,080 Speaker 2: moment thirteen past eight. 1368 01:05:10,680 --> 01:05:15,080 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio. How 1369 01:05:15,160 --> 01:05:16,320 Speaker 1: it by News Talks. 1370 01:05:16,080 --> 01:05:16,360 Speaker 12: It be. 1371 01:05:17,960 --> 01:05:20,520 Speaker 2: News Talks will be sixteen past eight Politics Wednesday, Mark 1372 01:05:20,560 --> 01:05:22,680 Speaker 2: and Ginny, we'll try it one more time. Make Indigenous 1373 01:05:22,680 --> 01:05:25,360 Speaker 2: people what specifically you're going to be doing. 1374 01:05:26,760 --> 01:05:26,920 Speaker 3: Well? 1375 01:05:27,040 --> 01:05:30,000 Speaker 20: Firstly on back because Glenn and Sam shows some true 1376 01:05:30,080 --> 01:05:31,600 Speaker 20: key in to do it and sits stand on one 1377 01:05:31,640 --> 01:05:32,840 Speaker 20: league and hold onto a coating. 1378 01:05:33,040 --> 01:05:38,560 Speaker 3: So hopefully, hopefully that's going to work. So Indigenous people, 1379 01:05:38,640 --> 01:05:39,560 Speaker 3: can you ask questions again? 1380 01:05:40,280 --> 01:05:42,960 Speaker 2: That's your capacity in which you are in China? What 1381 01:05:43,040 --> 01:05:44,120 Speaker 2: is it you're doing there? 1382 01:05:45,040 --> 01:05:47,560 Speaker 3: And are you we doing you well? 1383 01:05:47,800 --> 01:05:50,360 Speaker 20: We've got a very powerful business delegation here, so we're 1384 01:05:50,400 --> 01:05:51,640 Speaker 20: going to be dealing with a whole lot of things. 1385 01:05:51,640 --> 01:05:54,120 Speaker 3: Obviously, trade. 1386 01:05:54,760 --> 01:05:59,920 Speaker 20: Help, food, education, it we've got We've got our Kappahr 1387 01:06:00,120 --> 01:06:03,880 Speaker 20: group here that won Martini that part of the So 1388 01:06:03,920 --> 01:06:05,560 Speaker 20: it's just we're only best's for years of we're here 1389 01:06:05,600 --> 01:06:08,360 Speaker 20: selling New Zealand. We're out here solidifying that trading relationship 1390 01:06:08,400 --> 01:06:10,440 Speaker 20: with China, which is critically important for us as a country, 1391 01:06:10,800 --> 01:06:14,480 Speaker 20: especially the time and you see the out of instability 1392 01:06:14,480 --> 01:06:15,040 Speaker 20: around the world. 1393 01:06:15,360 --> 01:06:18,120 Speaker 2: How do you dump tail them? And your Bona fine 1394 01:06:18,160 --> 01:06:20,600 Speaker 2: is a very good example of this. The relationship we 1395 01:06:20,640 --> 01:06:22,400 Speaker 2: have with China is a complex one. You're on a 1396 01:06:22,400 --> 01:06:24,680 Speaker 2: Berna fine for obvious reasons, and yet you want to 1397 01:06:24,680 --> 01:06:26,920 Speaker 2: do more and more business with China, isn't it strange? 1398 01:06:28,360 --> 01:06:30,320 Speaker 3: Well, only you just you highlight it. 1399 01:06:30,360 --> 01:06:32,520 Speaker 20: We live in a complex world and there's there's some 1400 01:06:32,600 --> 01:06:35,360 Speaker 20: things that countries do that we don't agree with, as 1401 01:06:35,480 --> 01:06:38,080 Speaker 20: kiwis and New Zealand's we highlight that those but there's 1402 01:06:38,120 --> 01:06:40,320 Speaker 20: also really important with parts of the relationship that we 1403 01:06:40,360 --> 01:06:43,360 Speaker 20: want to foster and strength and do. And obviously our 1404 01:06:43,400 --> 01:06:46,680 Speaker 20: trading relationship with China has been with us for a 1405 01:06:46,760 --> 01:06:49,080 Speaker 20: long long time. We have a free trade agreement with us. 1406 01:06:49,080 --> 01:06:50,800 Speaker 20: They're a big part of what we do and a 1407 01:06:50,800 --> 01:06:52,960 Speaker 20: big part of support in our economy, and so you 1408 01:06:53,000 --> 01:06:54,800 Speaker 20: know we've got to maintain those relationships. 1409 01:06:55,320 --> 01:06:58,080 Speaker 2: Ginny, did you hear Simmy and Brown earlier? 1410 01:06:58,960 --> 01:07:00,640 Speaker 21: I had parts of it. 1411 01:07:00,680 --> 01:07:03,160 Speaker 2: What is your I just cannot get to the bottom 1412 01:07:03,160 --> 01:07:06,120 Speaker 2: of it. What's you? And this was Asha Verial yesterday. 1413 01:07:06,240 --> 01:07:09,320 Speaker 2: What's your fundamental problem? If they can get the registrar 1414 01:07:09,400 --> 01:07:13,080 Speaker 2: thing in a contract with a private operator and also 1415 01:07:13,160 --> 01:07:15,840 Speaker 2: do more operations, what's wrong with that? 1416 01:07:16,760 --> 01:07:19,880 Speaker 21: Because there's not two workforces. There's not a magic private 1417 01:07:19,920 --> 01:07:23,720 Speaker 21: workforce and a public workforce. There's one workforce. So you 1418 01:07:23,760 --> 01:07:27,120 Speaker 21: don't get extra work. You just take things into private. 1419 01:07:27,400 --> 01:07:30,320 Speaker 21: Private still cops costs more, and it leaves all the 1420 01:07:30,400 --> 01:07:34,240 Speaker 21: complex more surgeries in the public system. After he is 1421 01:07:34,280 --> 01:07:36,640 Speaker 21: still in the public system, and it will send the 1422 01:07:36,680 --> 01:07:39,880 Speaker 21: workforce with those longer contracts he's putting in place, the 1423 01:07:39,920 --> 01:07:42,720 Speaker 21: workforce will go into private. So as you really picked 1424 01:07:42,720 --> 01:07:46,520 Speaker 21: out trainee doctors can't get those hours up. Yeah, but 1425 01:07:46,560 --> 01:07:51,520 Speaker 21: if they fix that, but the chronic problem is workforce shortages, 1426 01:07:51,880 --> 01:07:54,280 Speaker 21: and so there's still the same number of doctors here. 1427 01:07:54,320 --> 01:07:57,040 Speaker 2: But find okay in most doctors though, Jenny work in 1428 01:07:57,080 --> 01:07:59,200 Speaker 2: public and private. So Mike the surgeon works a bit 1429 01:07:59,240 --> 01:08:01,200 Speaker 2: in public and a bit private. When I go to private, 1430 01:08:01,280 --> 01:08:03,120 Speaker 2: if I end up doing some of the public work, 1431 01:08:03,440 --> 01:08:06,280 Speaker 2: what does it matter? And for for the for the record, 1432 01:08:06,280 --> 01:08:07,760 Speaker 2: the surgeon we had on the other day said is 1433 01:08:07,760 --> 01:08:10,640 Speaker 2: actually cheaper anyway. So be that as it may. If 1434 01:08:10,680 --> 01:08:14,120 Speaker 2: you utilize me and my skills more often, that's good, 1435 01:08:14,200 --> 01:08:14,520 Speaker 2: isn't it. 1436 01:08:15,400 --> 01:08:17,240 Speaker 21: Well, that's good in the short term, and it has 1437 01:08:17,360 --> 01:08:19,880 Speaker 21: we've we've worked as well to do some of those short, 1438 01:08:19,960 --> 01:08:23,320 Speaker 21: quick and easy surgeries in the in the private system. 1439 01:08:23,720 --> 01:08:26,599 Speaker 21: But long term of a ten year contracts, it doesn't 1440 01:08:26,640 --> 01:08:30,040 Speaker 21: fix the problem that there's a chronic underfunding and there's 1441 01:08:30,040 --> 01:08:33,880 Speaker 21: a workforce shortage. We don't have more doctors. We just 1442 01:08:33,960 --> 01:08:37,040 Speaker 21: have doctors doing short, quicker surgeries in the public. So 1443 01:08:37,080 --> 01:08:40,600 Speaker 21: the underlying problems aren't being addressed by doing. 1444 01:08:40,000 --> 01:08:43,519 Speaker 3: It labored in the story doesn't like the private sector, doesn't. 1445 01:08:43,600 --> 01:08:46,360 Speaker 21: You always say that you don't even know it's true. 1446 01:08:46,520 --> 01:08:49,040 Speaker 3: It's true. Well, you're fighting against the private set to 1447 01:08:49,080 --> 01:08:50,679 Speaker 3: step in in. I didn't say that. 1448 01:08:50,760 --> 01:08:52,320 Speaker 21: I just said that we used it as well. 1449 01:08:52,760 --> 01:08:54,560 Speaker 3: I just said that we used it as well, so 1450 01:08:54,680 --> 01:08:55,960 Speaker 3: we support that we're going to do that. 1451 01:08:56,000 --> 01:08:58,840 Speaker 20: The last time we're in government, Mike, we started reducing 1452 01:08:59,320 --> 01:09:03,000 Speaker 20: waiting lists of waiting times because we partner between public 1453 01:09:03,040 --> 01:09:04,559 Speaker 20: and private, and we're going to do the same thing again. 1454 01:09:05,000 --> 01:09:06,680 Speaker 2: So you can't argue Ginny when you when you do 1455 01:09:06,760 --> 01:09:10,120 Speaker 2: nine thousand and something more elective surgeries. Those people who 1456 01:09:10,200 --> 01:09:13,320 Speaker 2: got those surgeries are happy punters and they got a 1457 01:09:13,320 --> 01:09:16,040 Speaker 2: better service, and they'll they'll they'll they'll back that vote 1458 01:09:16,040 --> 01:09:16,760 Speaker 2: for that, won't they. 1459 01:09:16,920 --> 01:09:19,799 Speaker 21: I completely agree, But it does not fix the problem. 1460 01:09:19,880 --> 01:09:24,799 Speaker 21: We need more doctors across vote. It's the same doctor. 1461 01:09:24,880 --> 01:09:30,160 Speaker 21: It's the same doctor because it gives you short term gains, 1462 01:09:30,320 --> 01:09:32,280 Speaker 21: but over a longer period of time when you need 1463 01:09:32,280 --> 01:09:36,920 Speaker 21: to please finish because it leaves the more complex surgeries 1464 01:09:36,960 --> 01:09:39,320 Speaker 21: and the public system. It leaves after here in the 1465 01:09:39,360 --> 01:09:42,920 Speaker 21: public system, and those things aren't being fixed. It's a 1466 01:09:43,000 --> 01:09:45,559 Speaker 21: short term fix that's great, yes, But as a long 1467 01:09:45,640 --> 01:09:47,719 Speaker 21: term solution for the underfunding, more. 1468 01:09:47,640 --> 01:09:50,000 Speaker 2: Doctors, more doctors, that's a separate issue, isn't it. That's 1469 01:09:50,000 --> 01:09:52,040 Speaker 2: opening up places in med school and bringing in people 1470 01:09:52,040 --> 01:09:54,040 Speaker 2: from offshore and stuff like that. That's a completely separate 1471 01:09:54,040 --> 01:09:55,360 Speaker 2: thing completely. 1472 01:09:55,400 --> 01:09:57,759 Speaker 21: But these Mike's the same doctor and public and private 1473 01:09:57,800 --> 01:09:58,559 Speaker 21: and Mike can only do. 1474 01:09:59,640 --> 01:10:01,360 Speaker 3: It's got planned for that and he's working on that. 1475 01:10:01,400 --> 01:10:04,839 Speaker 20: And listen to last time, last time we were in government, 1476 01:10:05,120 --> 01:10:08,360 Speaker 20: we started reducing the massive wit list that we had 1477 01:10:08,439 --> 01:10:10,719 Speaker 20: under the previous labor government and elective surgeries. 1478 01:10:10,720 --> 01:10:11,360 Speaker 3: Again that done. 1479 01:10:11,400 --> 01:10:14,240 Speaker 20: We're setting targets and we're doing the same thing again. 1480 01:10:14,320 --> 01:10:17,680 Speaker 20: I just think that's a blind ideology so that the 1481 01:10:17,680 --> 01:10:18,920 Speaker 20: private sector doesn't have a roll. 1482 01:10:19,240 --> 01:10:22,599 Speaker 2: It's one for the election campaign. I suspect, Mark, what 1483 01:10:22,640 --> 01:10:24,679 Speaker 2: time are you? What's your first appointment today? 1484 01:10:26,680 --> 01:10:29,320 Speaker 20: My first appointment is at quarter past six this morning, 1485 01:10:29,400 --> 01:10:32,640 Speaker 20: and I'm meeting with the visit. Yeah, and we're going 1486 01:10:32,680 --> 01:10:35,519 Speaker 20: to I'm meeting with the Business delegation. So that we start, 1487 01:10:35,560 --> 01:10:37,880 Speaker 20: we get organized, we know what we want to achieve, 1488 01:10:38,000 --> 01:10:39,800 Speaker 20: and we and we plan out the day because the 1489 01:10:39,800 --> 01:10:41,920 Speaker 20: Prime Minister will be doing he'll be popping in and 1490 01:10:41,920 --> 01:10:44,200 Speaker 20: out with the Business Delegation, but he's got other things 1491 01:10:44,000 --> 01:10:45,719 Speaker 20: that he'll be off doing as well. 1492 01:10:45,760 --> 01:10:47,160 Speaker 2: All right, you go, well to you too. We'll catch 1493 01:10:47,200 --> 01:10:49,120 Speaker 2: up next week. Appreciate it very much. Mike Mitchell and 1494 01:10:49,200 --> 01:10:53,120 Speaker 2: Jinny Anderson Politics Wednesday for this Wednesday Morning, eight twenty two. 1495 01:10:54,040 --> 01:10:57,920 Speaker 1: The Cosking Breakfast with the Defender Octor News Dogs head. 1496 01:10:58,280 --> 01:11:00,519 Speaker 2: Now a state of origin game two News South Wales, 1497 01:11:00,600 --> 01:11:04,320 Speaker 2: Queensland Tonight all on the line, Blues could wrap it up, 1498 01:11:04,360 --> 01:11:06,000 Speaker 2: all the Marines could stay on the fire of course 1499 01:11:06,080 --> 01:11:08,320 Speaker 2: kickof ten oh five New Zealand Times. 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Basically, so 1510 01:11:34,120 --> 01:11:36,800 Speaker 2: if you haven't already, download that tab app to get 1511 01:11:36,880 --> 01:11:39,920 Speaker 2: your bet on max bonus fifty dollars one per customer 1512 01:11:39,920 --> 01:11:41,639 Speaker 2: tees and he supply this is R eighteen. Of course, 1513 01:11:41,760 --> 01:11:46,760 Speaker 2: you can bet responsibly. Pasky Mike twenty five years in 1514 01:11:47,320 --> 01:11:50,840 Speaker 2: or both private and public sectors, nurses and anesthetic technicians 1515 01:11:50,840 --> 01:11:52,760 Speaker 2: work until the end of the list in private as 1516 01:11:52,800 --> 01:11:55,200 Speaker 2: opposed to the end of the rostered shift in public. 1517 01:11:55,920 --> 01:11:58,519 Speaker 2: Private therefore is incentivized to work more efficiently so you 1518 01:11:58,560 --> 01:12:00,120 Speaker 2: can get home in good time. I think that it 1519 01:12:00,160 --> 01:12:02,400 Speaker 2: boils down to, at the end of the day, no 1520 01:12:02,520 --> 01:12:04,800 Speaker 2: coverage in this country for fairly obvious reasons. But the 1521 01:12:04,800 --> 01:12:08,040 Speaker 2: big thing yesterday in Australia with Trump leaving the G 1522 01:12:08,160 --> 01:12:11,280 Speaker 2: seven early was the Elbow meeting was off. Just like that, 1523 01:12:11,439 --> 01:12:16,160 Speaker 2: it was off. And you cannot underestimate the amount of 1524 01:12:16,320 --> 01:12:19,720 Speaker 2: angst and coverage that went into that meeting over a 1525 01:12:19,760 --> 01:12:22,439 Speaker 2: period of months, pretty much since Trump arrived. It started 1526 01:12:22,439 --> 01:12:25,120 Speaker 2: to get embarrassing for Elbow in the sense that a 1527 01:12:25,160 --> 01:12:27,280 Speaker 2: lot of leaders have wandered through the White House and 1528 01:12:27,280 --> 01:12:31,679 Speaker 2: sat on those yellow chairs, except Elbow hasn't. And Australia 1529 01:12:31,760 --> 01:12:34,640 Speaker 2: is one of America's biggest trading partners, it's one of 1530 01:12:34,640 --> 01:12:38,439 Speaker 2: the Five Eyes countries, it's part of haucas and yet 1531 01:12:38,520 --> 01:12:41,679 Speaker 2: still Elbanezi had not been invited to the White House, 1532 01:12:41,760 --> 01:12:44,839 Speaker 2: and so that started to get embarrassing. The broad sense 1533 01:12:46,120 --> 01:12:49,240 Speaker 2: was not that they ever admitted it, that Elbow's a 1534 01:12:49,280 --> 01:12:52,800 Speaker 2: bit pro Chinese for the American view of things. So 1535 01:12:53,040 --> 01:12:54,920 Speaker 2: finally they got this thing sorted out at the G 1536 01:12:55,040 --> 01:12:57,479 Speaker 2: seven and then of course all hell broke loose in 1537 01:12:57,600 --> 01:13:00,439 Speaker 2: terms of wars and China and the Middle least in 1538 01:13:00,560 --> 01:13:03,720 Speaker 2: Iran and whose side everybody was on, and then the 1539 01:13:03,800 --> 01:13:05,840 Speaker 2: steel and tariffs, and so it was going to be 1540 01:13:05,880 --> 01:13:08,760 Speaker 2: this awkward tightrope, and they built it up and built 1541 01:13:08,760 --> 01:13:10,240 Speaker 2: it up and built it up and built it up, 1542 01:13:10,240 --> 01:13:13,880 Speaker 2: and it was the most quote unquote the most important 1543 01:13:13,920 --> 01:13:17,920 Speaker 2: meeting of Albanese's life. So onto the three point fifty 1544 01:13:18,000 --> 01:13:20,960 Speaker 2: he gets to fly to Canada Lands and Trump goes 1545 01:13:21,160 --> 01:13:23,160 Speaker 2: gotta go by and that was the end of that. 1546 01:13:24,040 --> 01:13:28,960 Speaker 2: So the question question is when does Elbow get to 1547 01:13:28,960 --> 01:13:31,040 Speaker 2: meet Trump? So we'll talk to us Steve Price about 1548 01:13:31,080 --> 01:13:33,200 Speaker 2: that in the next couple of moments, after the news, 1549 01:13:33,200 --> 01:13:35,040 Speaker 2: which is next the rebused. 1550 01:13:34,680 --> 01:13:52,280 Speaker 1: Talks event, news, opinion and everything in between. The Mike 1551 01:13:52,400 --> 01:13:55,599 Speaker 1: Hosking bread best with Bailey's real estate doing real estate 1552 01:13:55,680 --> 01:13:59,000 Speaker 1: differently since nineteen seventy three news talks had been. 1553 01:13:58,960 --> 01:14:00,600 Speaker 2: So here's where it gets a little bit tricky on 1554 01:14:00,680 --> 01:14:03,000 Speaker 2: what happens next in the Middle East. Toulsey Gabett, who's 1555 01:14:03,000 --> 01:14:06,720 Speaker 2: the National Intelligence Director, and she was selected to be 1556 01:14:06,760 --> 01:14:10,639 Speaker 2: the National Intelligence Director broadly speaking because she's skeptical about 1557 01:14:10,720 --> 01:14:13,160 Speaker 2: US interventions in the Middle East. They've seen it all before, 1558 01:14:13,400 --> 01:14:16,360 Speaker 2: and we're sort of make America great again is really 1559 01:14:16,360 --> 01:14:19,719 Speaker 2: about doing stuff at home domestically. So she's in front 1560 01:14:19,720 --> 01:14:23,280 Speaker 2: of a Congressional committee and she goes, we continue to 1561 01:14:23,320 --> 01:14:26,639 Speaker 2: assess that Iran is not building a nuclear weapon, and 1562 01:14:26,760 --> 01:14:29,479 Speaker 2: the Supreme Leader has not authorized in the nuclear weapons 1563 01:14:29,479 --> 01:14:32,240 Speaker 2: program that he's suspended back in two thousand and three. This, 1564 01:14:32,280 --> 01:14:35,559 Speaker 2: of course, doesn't play well for Israel or indeed Trump, 1565 01:14:35,800 --> 01:14:37,879 Speaker 2: who seems to have jumped on board the Israel bandwagon 1566 01:14:37,920 --> 01:14:40,679 Speaker 2: with alacrity this morning, to which Trump says, I don't 1567 01:14:40,720 --> 01:14:43,960 Speaker 2: care what she said. I think they were very close 1568 01:14:44,000 --> 01:14:44,639 Speaker 2: to having won. 1569 01:14:44,960 --> 01:14:46,719 Speaker 1: Well, it's hard to argue with that kind of logic. 1570 01:14:47,439 --> 01:14:49,080 Speaker 2: I don't care what she said. 1571 01:14:50,479 --> 01:14:52,360 Speaker 7: And you wonder what when he is calling for a 1572 01:14:52,360 --> 01:14:54,320 Speaker 7: complete give up, don't forget. 1573 01:14:54,200 --> 01:14:59,120 Speaker 2: I wonder how wars start? Twenty two minutes away from. 1574 01:14:59,080 --> 01:15:03,400 Speaker 5: Nine International correspondence with ends and eye insurance the peace 1575 01:15:03,439 --> 01:15:04,880 Speaker 5: of mind for New Zealand business in. 1576 01:15:04,880 --> 01:15:08,280 Speaker 2: Australia to see price, good morning morning. Did you feel 1577 01:15:08,320 --> 01:15:11,200 Speaker 2: sorry for him? Did you laugh? I mean, how bad 1578 01:15:11,240 --> 01:15:11,720 Speaker 2: does it get? 1579 01:15:13,000 --> 01:15:16,920 Speaker 12: I think my initial reaction was I'm not surprised, but 1580 01:15:17,360 --> 01:15:20,880 Speaker 12: for Anthony Albanezi it is a major embarrassment. Now, all 1581 01:15:20,920 --> 01:15:22,960 Speaker 12: that being said, Donald Trump needed to get out of 1582 01:15:22,960 --> 01:15:25,839 Speaker 12: Canada go back to Washington. You were just speaking about 1583 01:15:26,240 --> 01:15:28,840 Speaker 12: what he does next, and none of us really know, 1584 01:15:29,120 --> 01:15:32,559 Speaker 12: So you can't blame Anthony Albanize the fact that Donald 1585 01:15:32,600 --> 01:15:36,280 Speaker 12: Trump is unpredictable. That being said, the only reason Anthony 1586 01:15:36,320 --> 01:15:38,840 Speaker 12: Alberze he really went to Canada as a guest on 1587 01:15:38,880 --> 01:15:42,040 Speaker 12: the sidelines of the G seven was to sit down 1588 01:15:42,080 --> 01:15:45,000 Speaker 12: for the first time since Trump was reelected last November 1589 01:15:45,400 --> 01:15:49,400 Speaker 12: and talk about probably two things August the submarine deal 1590 01:15:50,200 --> 01:15:53,720 Speaker 12: and tariffs, which include aluminum, steel and book So he 1591 01:15:53,760 --> 01:15:55,800 Speaker 12: doesn't get to see him. I mean, I was trying 1592 01:15:55,840 --> 01:15:59,040 Speaker 12: to think of a way, a way to compare this, 1593 01:15:59,600 --> 01:16:02,800 Speaker 12: and I thought of Mike Hosking inviting me to an 1594 01:16:02,840 --> 01:16:06,960 Speaker 12: exclusive dinner at the best restaurant in Auckland. And I 1595 01:16:07,120 --> 01:16:10,880 Speaker 12: turn up there and I'm told, no, Mike's found something 1596 01:16:10,920 --> 01:16:13,920 Speaker 12: better to do. He's gone to the place down the road, 1597 01:16:13,960 --> 01:16:15,880 Speaker 12: and you're here on your own with he also rabbits, 1598 01:16:16,360 --> 01:16:19,680 Speaker 12: which is really what happened to Alboi's ended up in 1599 01:16:19,720 --> 01:16:22,960 Speaker 12: Calgary with all the other leaders who were on the sidelines, 1600 01:16:23,000 --> 01:16:25,000 Speaker 12: not part of the G seven now the G six, 1601 01:16:25,880 --> 01:16:28,400 Speaker 12: and so no discussions happened. He's had three phone calls 1602 01:16:28,439 --> 01:16:32,240 Speaker 12: only since Trump was elected. But the most embarrassing thing 1603 01:16:32,240 --> 01:16:34,639 Speaker 12: I think was he was holding a media conference yesterday 1604 01:16:34,640 --> 01:16:38,320 Speaker 12: morning in our time in Calgary and talking about how 1605 01:16:38,360 --> 01:16:40,479 Speaker 12: the meeting was going to go and how important it was. 1606 01:16:40,600 --> 01:16:44,160 Speaker 12: It was crucial for Australia and he was going to 1607 01:16:44,240 --> 01:16:47,800 Speaker 12: negotiate hard and firmly with Donald Trump. We walked out 1608 01:16:47,800 --> 01:16:51,040 Speaker 12: of that media conference and his staff found out by 1609 01:16:51,479 --> 01:16:55,760 Speaker 12: their mobile phones on either Twitter or truth social that 1610 01:16:55,840 --> 01:17:00,519 Speaker 12: the president's media advisor had said that Donald Trump's going 1611 01:17:00,560 --> 01:17:02,439 Speaker 12: back to Washington. He wouldn't be there on the day 1612 01:17:02,439 --> 01:17:04,040 Speaker 12: they thought they were going to have the meeting, so 1613 01:17:04,120 --> 01:17:06,200 Speaker 12: no one even rang them, which is the worst part 1614 01:17:06,240 --> 01:17:06,800 Speaker 12: of the whole thing. 1615 01:17:06,840 --> 01:17:11,800 Speaker 2: It's unreal I it's I mean, look, it happened, that's like. 1616 01:17:11,920 --> 01:17:16,000 Speaker 2: But having said that, given Trump doesn't stay for these things, 1617 01:17:16,000 --> 01:17:19,280 Speaker 2: and it was, you could argue entirely predictable. He wasn't 1618 01:17:19,320 --> 01:17:21,120 Speaker 2: there for the whole length of it to get a 1619 01:17:21,240 --> 01:17:24,599 Speaker 2: meeting organized into the event that he was probably not 1620 01:17:24,600 --> 01:17:26,640 Speaker 2: going to be at You could go back and go 1621 01:17:26,680 --> 01:17:28,519 Speaker 2: why do we agree to that? Couldn't you? 1622 01:17:29,280 --> 01:17:29,920 Speaker 15: Yes, you could. 1623 01:17:30,000 --> 01:17:33,000 Speaker 12: I mean, in hindsight's a wonderful thing what they should 1624 01:17:33,080 --> 01:17:35,080 Speaker 12: be doing. And you know, I have no confidence in 1625 01:17:35,160 --> 01:17:37,800 Speaker 12: our I'll make Kevin Rudd as the ambassador. I mean, 1626 01:17:37,840 --> 01:17:39,759 Speaker 12: you can lay some of the blame at his feet here. 1627 01:17:40,320 --> 01:17:43,120 Speaker 12: The only meeting you should organize with Donald Trump's probably 1628 01:17:43,160 --> 01:17:46,120 Speaker 12: at mar Lago, playing goal exactly, and you know he'll 1629 01:17:46,120 --> 01:17:49,160 Speaker 12: turn up. Well, why did any think he was going 1630 01:17:49,200 --> 01:17:50,120 Speaker 12: to hang around in Canada? 1631 01:17:50,320 --> 01:17:53,160 Speaker 2: It's funny, I was, I was before the news and 1632 01:17:53,160 --> 01:17:55,439 Speaker 2: building up to this. It's and correct me if I'm wrong. 1633 01:17:55,479 --> 01:17:58,280 Speaker 2: But obviously this has got no coverage here, but in 1634 01:17:58,320 --> 01:18:01,519 Speaker 2: Australia this has been built up in a way that 1635 01:18:01,600 --> 01:18:05,200 Speaker 2: I'm not I mean, this was a big, big, big deal, 1636 01:18:05,320 --> 01:18:07,080 Speaker 2: wasn't it huge? 1637 01:18:07,920 --> 01:18:12,439 Speaker 12: And Anthony Albaneze was banking on this, showing the Australian 1638 01:18:12,439 --> 01:18:14,360 Speaker 12: population that it was a good thing that he was 1639 01:18:14,400 --> 01:18:17,960 Speaker 12: re elected. He could play on the world stage and 1640 01:18:18,240 --> 01:18:20,800 Speaker 12: Donald Trump had some respect for him. And you've got 1641 01:18:20,800 --> 01:18:24,000 Speaker 12: to remember there was a question asked of Trump at 1642 01:18:24,000 --> 01:18:28,400 Speaker 12: the end of the election campaign about Australia and Australian Politics. 1643 01:18:28,800 --> 01:18:31,080 Speaker 12: He said he didn't have a clue who Peter Dutton was, 1644 01:18:31,520 --> 01:18:33,719 Speaker 12: but he thought Antony Albaniz he was a nice blow. 1645 01:18:34,080 --> 01:18:36,960 Speaker 2: Yeah, exactly, Chalmers. Today, what's he got to say? 1646 01:18:37,840 --> 01:18:37,920 Speaker 1: Now? 1647 01:18:37,960 --> 01:18:40,439 Speaker 12: He's going to go to the press club and use 1648 01:18:40,640 --> 01:18:44,559 Speaker 12: a major speech to declare that economic reform is needed. 1649 01:18:45,280 --> 01:18:48,559 Speaker 12: Good on, you tell us something we didn't know to 1650 01:18:48,600 --> 01:18:52,000 Speaker 12: address three blunt truths about the nation's budget. And he 1651 01:18:52,120 --> 01:18:54,200 Speaker 12: makes the point in this speech. It's been leaked to 1652 01:18:54,200 --> 01:18:57,880 Speaker 12: The Australian this morning. The budget's not sustainable. Gee, thanks Jim. 1653 01:18:57,920 --> 01:19:00,479 Speaker 12: We knew that as well. He said, it's wrong, but 1654 01:19:00,560 --> 01:19:03,800 Speaker 12: not sustainable. Our economy is growing, but not productive enough. 1655 01:19:04,040 --> 01:19:07,400 Speaker 12: Productivities in the toilet here in this country. It's resilient, 1656 01:19:07,560 --> 01:19:12,840 Speaker 12: not resilient enough in face of global economic fragility. So 1657 01:19:12,960 --> 01:19:15,680 Speaker 12: he's not telling us anything we didn't know. In the 1658 01:19:15,760 --> 01:19:20,200 Speaker 12: last three years, the Albanizi government has added a net 1659 01:19:20,320 --> 01:19:24,280 Speaker 12: one hundred and twelve billion dollars to our deficits over 1660 01:19:24,320 --> 01:19:27,400 Speaker 12: the forward estimates, leaving a total of one hundred and 1661 01:19:27,400 --> 01:19:31,200 Speaker 12: fifty billion in read ink, while the federal government debt 1662 01:19:31,280 --> 01:19:34,200 Speaker 12: is going to reach a trillion dollars as soon as 1663 01:19:34,240 --> 01:19:35,400 Speaker 12: September this year. 1664 01:19:35,360 --> 01:19:37,479 Speaker 2: Is he going to be accused of you knew all 1665 01:19:37,520 --> 01:19:39,720 Speaker 2: this all along, but you didn't tell us enough in 1666 01:19:39,760 --> 01:19:41,720 Speaker 2: the election campaign, and now that you back, all of 1667 01:19:41,760 --> 01:19:44,000 Speaker 2: a sudden the bad news arises. Got that vibe about it? 1668 01:19:44,560 --> 01:19:44,760 Speaker 4: Yeah? 1669 01:19:44,840 --> 01:19:46,960 Speaker 12: Does That's what the questions would be about today, And 1670 01:19:47,040 --> 01:19:49,960 Speaker 12: no one really surprised him. And the federal government's broken. 1671 01:19:50,080 --> 01:19:52,479 Speaker 12: So it's just about every state government around the country, 1672 01:19:52,840 --> 01:19:55,200 Speaker 12: including Victoria of course, which says the worst debt and 1673 01:19:55,200 --> 01:19:56,679 Speaker 12: the lowest credit rating in the nation. 1674 01:19:57,080 --> 01:20:00,040 Speaker 2: Of your music collection where there is a ACDC. 1675 01:19:59,560 --> 01:20:04,040 Speaker 12: Fit pretty high if you're talking about Australian music, probably 1676 01:20:04,240 --> 01:20:08,360 Speaker 12: just below the Begs, who I'll claim as Australian crowded 1677 01:20:08,360 --> 01:20:15,200 Speaker 12: house who are Australians really? Then sorry, then maybe a DC. 1678 01:20:16,200 --> 01:20:18,400 Speaker 12: They're going to announce a concert series. I don't know 1679 01:20:18,439 --> 01:20:21,600 Speaker 12: if they're coming to the fine city of Auckland or not, 1680 01:20:21,760 --> 01:20:24,080 Speaker 12: but you'll find out. It's going to happen in November. 1681 01:20:24,120 --> 01:20:27,040 Speaker 12: But the interesting thing for Melbourne, and you're not old 1682 01:20:27,120 --> 01:20:29,679 Speaker 12: enough to remember this, but I can. In nineteen seventy six, 1683 01:20:30,280 --> 01:20:33,320 Speaker 12: the ac DC, the original band, got on top of 1684 01:20:33,320 --> 01:20:36,559 Speaker 12: a flatbed truck and drove down Swanson Street in the 1685 01:20:36,560 --> 01:20:40,320 Speaker 12: center of Melbourne with bagpipes on the back to film 1686 01:20:40,360 --> 01:20:45,360 Speaker 12: a very early music video back in Black. So it 1687 01:20:45,400 --> 01:20:48,880 Speaker 12: was an extraordinary historical moment. Now the hope is that 1688 01:20:48,920 --> 01:20:51,600 Speaker 12: when they come back in November, they're going to recreate 1689 01:20:51,680 --> 01:20:54,599 Speaker 12: that music video down the very same street. The only 1690 01:20:54,720 --> 01:20:57,760 Speaker 12: difference that they will find, Angus Young, of course was 1691 01:20:57,800 --> 01:20:59,760 Speaker 12: there on the back of that truck that day, is 1692 01:20:59,760 --> 01:21:01,680 Speaker 12: that the street they drove down in the truck in 1693 01:21:01,720 --> 01:21:05,360 Speaker 12: our cart can no longer drive down because it's full 1694 01:21:05,400 --> 01:21:09,759 Speaker 12: of cyclolopelan bike planes and tram stops. 1695 01:21:10,040 --> 01:21:12,760 Speaker 2: Hey, just quickly, I was reading yesterday the bloke they 1696 01:21:12,800 --> 01:21:15,439 Speaker 2: got for the Barley nightclub bombing. This is an interesting 1697 01:21:15,479 --> 01:21:18,280 Speaker 2: question about back in time. He's been sitting in Gimo 1698 01:21:18,320 --> 01:21:20,960 Speaker 2: all these years, and the Americans announced yesterday they're going 1699 01:21:21,000 --> 01:21:24,080 Speaker 2: to take him to trial. How if I went down 1700 01:21:24,120 --> 01:21:26,719 Speaker 2: the street of Melbourne's or streets of Melbourne said Barley 1701 01:21:26,800 --> 01:21:29,200 Speaker 2: Nightclub bombing two thousand and two, How many people are 1702 01:21:29,320 --> 01:21:31,120 Speaker 2: sort of cognizant of that and still aware of it 1703 01:21:31,160 --> 01:21:31,920 Speaker 2: and still a big. 1704 01:21:31,760 --> 01:21:37,560 Speaker 12: Deal my generation and down to probably people aged around 1705 01:21:37,920 --> 01:21:40,680 Speaker 12: fifty who would have been in their twenties when the 1706 01:21:40,720 --> 01:21:43,880 Speaker 12: Balley bombing took place. I mean it is seed into 1707 01:21:43,920 --> 01:21:47,439 Speaker 12: the nation's memory because it was so horrific and what 1708 01:21:47,479 --> 01:21:49,120 Speaker 12: we had to do to get people out of there, 1709 01:21:49,160 --> 01:21:52,400 Speaker 12: and the fact that some of the Barley bombers. I 1710 01:21:52,520 --> 01:21:54,840 Speaker 12: was actually on Aeron radio the night they were executed, 1711 01:21:55,439 --> 01:21:57,640 Speaker 12: but some of them were just let go in the 1712 01:21:57,720 --> 01:21:59,960 Speaker 12: back in the community and one bloke's running a cop 1713 01:22:00,080 --> 01:22:01,759 Speaker 12: be shopping BALI unreal. 1714 01:22:01,840 --> 01:22:03,760 Speaker 2: All right, make catch up soon. Appreciate it very much. 1715 01:22:04,040 --> 01:22:07,280 Speaker 2: Steve Price across the Tasman. Yeah, they're in Gitmo and 1716 01:22:07,360 --> 01:22:10,360 Speaker 2: it's a long time he's been sitting in Gitmo, but 1717 01:22:10,439 --> 01:22:12,639 Speaker 2: there he was also accused of a two thousand three 1718 01:22:12,640 --> 01:22:14,800 Speaker 2: bombing the JW Marry you may remember in Chakata. That 1719 01:22:14,800 --> 01:22:16,800 Speaker 2: was twelve people that eighty eight Australians dead in the 1720 01:22:17,160 --> 01:22:20,240 Speaker 2: Barley bombing of two thousand and two, eight forty five. 1721 01:22:20,280 --> 01:22:26,520 Speaker 1: Already the Mike Asking Breakfast Full Show podcast on iHeartRadio 1722 01:22:26,720 --> 01:22:28,040 Speaker 1: powered by News Talks at B. 1723 01:22:29,600 --> 01:22:32,639 Speaker 2: It appears that Steve got it wrong. Back in Black 1724 01:22:33,040 --> 01:22:34,679 Speaker 2: it was long way to the top. Rock and roll 1725 01:22:35,120 --> 01:22:37,240 Speaker 2: wasn't back in Black. So we'll let Steve know that 1726 01:22:38,439 --> 01:22:40,599 Speaker 2: most liveaboo cities in the world out today. We've got 1727 01:22:40,600 --> 01:22:43,240 Speaker 2: the best airlines earlier on today we're lucky to be 1728 01:22:43,320 --> 01:22:45,400 Speaker 2: serviced by Katar best air line and the world. Singapore 1729 01:22:45,439 --> 01:22:50,040 Speaker 2: was right up there. Best cities in the world. You 1730 01:22:50,080 --> 01:22:51,760 Speaker 2: want to do ten through one, one through ten, let's 1731 01:22:51,760 --> 01:22:58,160 Speaker 2: do ten through one Vancouver. I should tell you overall 1732 01:22:58,280 --> 01:23:03,800 Speaker 2: that last year twenty twenty four, global livability rose fractionally, 1733 01:23:04,640 --> 01:23:06,840 Speaker 2: but it hasn't been the case this year. We've seen 1734 01:23:06,880 --> 01:23:10,720 Speaker 2: declines in stability, no kidding. We do see some improvements 1735 01:23:10,760 --> 01:23:13,000 Speaker 2: in things like health care and education, but that's led 1736 01:23:13,040 --> 01:23:15,439 Speaker 2: mainly by the Middle East or the parts of the 1737 01:23:15,439 --> 01:23:17,960 Speaker 2: Middle East that aren't blowing up at the moment, but 1738 01:23:18,080 --> 01:23:20,760 Speaker 2: that's been offset by declines in stability. So we're not 1739 01:23:20,800 --> 01:23:22,479 Speaker 2: as stable as we used to be, which does bring 1740 01:23:22,520 --> 01:23:24,120 Speaker 2: us back to this whole attitude. And I don't have 1741 01:23:24,160 --> 01:23:25,679 Speaker 2: time this morning, but it was reading a very interesting 1742 01:23:25,680 --> 01:23:29,320 Speaker 2: piece yesterday about the Australian housing market, which is going gangbusters. 1743 01:23:29,560 --> 01:23:33,040 Speaker 2: It is absolute fomo is back. So the Australian economy 1744 01:23:33,120 --> 01:23:37,160 Speaker 2: is okay. It's not great, it's okay, but people are 1745 01:23:37,200 --> 01:23:39,760 Speaker 2: borrowing money like there is no tomorrow. There's a que 1746 01:23:39,760 --> 01:23:41,880 Speaker 2: to borrow money. There is a que to get into 1747 01:23:41,880 --> 01:23:44,559 Speaker 2: a house and they are literally wetting their pants with 1748 01:23:44,640 --> 01:23:47,240 Speaker 2: concern that they're going to miss out. Fomo is alive 1749 01:23:47,400 --> 01:23:50,000 Speaker 2: and well in Australian housing, and prices are going through 1750 01:23:50,040 --> 01:23:52,360 Speaker 2: the roof. So a lot of that, I suspect is 1751 01:23:52,360 --> 01:23:54,080 Speaker 2: about attitude and we're in a bit of a funk, 1752 01:23:54,120 --> 01:23:57,080 Speaker 2: as I've seen many times in this country. So how 1753 01:23:57,240 --> 01:24:00,360 Speaker 2: is it, I ask you that Auckland ends up seven, 1754 01:24:00,439 --> 01:24:03,240 Speaker 2: the seven most liberal city in the world, and a 1755 01:24:03,240 --> 01:24:06,680 Speaker 2: lot of you will listen to that and go, But 1756 01:24:06,720 --> 01:24:08,639 Speaker 2: the fact is, if you're you know, in a lot 1757 01:24:08,640 --> 01:24:10,840 Speaker 2: of parts of the world, Auckland would be a magnificent place. 1758 01:24:10,840 --> 01:24:14,960 Speaker 2: So number ten, Vancouver number nine, and Australia does extremely well. 1759 01:24:15,000 --> 01:24:16,719 Speaker 2: There are three cities in the top ten of the world. 1760 01:24:16,840 --> 01:24:21,920 Speaker 2: Adelaide nine, Auckland seven, Osakas seven, Sydney six, Geneva five, 1761 01:24:22,080 --> 01:24:26,400 Speaker 2: Melbourne four. See Melbourne, to my eye is nowhere near Sydney. 1762 01:24:26,520 --> 01:24:31,040 Speaker 2: Melbourne's got a tremendous number of cultural social problems, and 1763 01:24:31,120 --> 01:24:36,240 Speaker 2: yet is allegedly better than Sydney. Zurich three, or technically 1764 01:24:36,280 --> 01:24:41,519 Speaker 2: second equal with Vienna and Copenhagen is you're extremely expensive, 1765 01:24:41,560 --> 01:24:45,200 Speaker 2: but nevertheless, design wise, very nice and the most liberbal 1766 01:24:45,320 --> 01:24:48,000 Speaker 2: city in the entire world. So at least Auckland's is 1767 01:24:48,000 --> 01:24:51,000 Speaker 2: inn't there. So it boils down to how you see things, 1768 01:24:51,120 --> 01:24:52,320 Speaker 2: and if you want to see the good things, you 1769 01:24:52,320 --> 01:24:54,320 Speaker 2: will see them. Nine minutes away from nine. 1770 01:24:54,640 --> 01:24:58,800 Speaker 1: The Mike Hosking Breakfast with Bailey's Real Estate News talks 1771 01:24:58,800 --> 01:24:59,120 Speaker 1: dead be. 1772 01:24:59,240 --> 01:25:01,000 Speaker 2: Good news from Melbour if they've done it again eight 1773 01:25:01,040 --> 01:25:03,439 Speaker 2: years running. They've taken out the consuming New Zealand People's 1774 01:25:03,520 --> 01:25:07,200 Speaker 2: Choice Awards keiwisaber for the Milford qwisaber plan. And there's more. 1775 01:25:07,240 --> 01:25:10,040 Speaker 2: Morning Star's latest independence survey you find that, by the way, 1776 01:25:10,160 --> 01:25:13,599 Speaker 2: Morningstar dot com dot au that shows Milford has had 1777 01:25:13,600 --> 01:25:16,760 Speaker 2: the number one performing qisaber funds in growth, balanced and 1778 01:25:16,920 --> 01:25:19,880 Speaker 2: conservative categories for returns over the past ten years. All 1779 01:25:19,920 --> 01:25:22,000 Speaker 2: down to Milford's expert team, of course, and their active 1780 01:25:22,000 --> 01:25:24,599 Speaker 2: approach to investing. So why wouldn't you switch to Milford 1781 01:25:24,920 --> 01:25:27,960 Speaker 2: for the old keywisaber account takes minutes you jump online, 1782 01:25:27,960 --> 01:25:29,719 Speaker 2: All you need is a photo ID and an IRD 1783 01:25:29,880 --> 01:25:32,160 Speaker 2: number hand are You're good to go? Past performance of 1784 01:25:32,160 --> 01:25:35,280 Speaker 2: course not reliable indicator of future performance, and Milford Funds 1785 01:25:35,320 --> 01:25:38,080 Speaker 2: Limited is the issuer of the Milford Kewisaber Plan. So 1786 01:25:38,200 --> 01:25:41,640 Speaker 2: read that Milford Qisaberplan product disclosure statement that's available at 1787 01:25:41,640 --> 01:25:45,360 Speaker 2: Milford Asset dot com Melford asset dot com. And before investing, 1788 01:25:45,360 --> 01:25:47,320 Speaker 2: you may wish to seek financial advice. Are so for 1789 01:25:47,400 --> 01:25:50,240 Speaker 2: more information on Milford's advice services and to see their 1790 01:25:50,280 --> 01:25:53,439 Speaker 2: financial advice provider disclosure statement, you go to Milford Asset 1791 01:25:53,600 --> 01:25:57,599 Speaker 2: dot com slash getting Dash Advice one more time Milford 1792 01:25:57,640 --> 01:26:03,840 Speaker 2: Asset dot com slash getting Dash Advice asking give him 1793 01:26:03,880 --> 01:26:08,479 Speaker 2: a prize. Christopher Bishop, Housing Minister this morning has given 1794 01:26:08,520 --> 01:26:10,720 Speaker 2: a speech in which he is or Cabinet but he's 1795 01:26:10,760 --> 01:26:13,280 Speaker 2: announcing he's got new powers to and this is not 1796 01:26:13,360 --> 01:26:15,160 Speaker 2: a moment too soon. This is this will make the 1797 01:26:15,200 --> 01:26:20,880 Speaker 2: local council's absolutely spew. He has got new powers as 1798 01:26:20,960 --> 01:26:26,320 Speaker 2: Housing Minister to intervene in local council plans. He will 1799 01:26:26,360 --> 01:26:29,320 Speaker 2: be allowed to modify or change plans that work against 1800 01:26:29,400 --> 01:26:33,080 Speaker 2: economic growth, development and employment. This is a new housing 1801 01:26:33,080 --> 01:26:37,799 Speaker 2: discussion document. It's out for consultation. Consultation. Cabinet has agreed 1802 01:26:37,960 --> 01:26:41,680 Speaker 2: to insert a new regulation making power or a new 1803 01:26:41,720 --> 01:26:44,960 Speaker 2: regulation making power and to RMA following us allowing us 1804 01:26:44,960 --> 01:26:47,720 Speaker 2: to modify or remove provisions in local council plans if 1805 01:26:47,720 --> 01:26:51,760 Speaker 2: they negatively impact economic growth, development capacity, or employment. We 1806 01:26:51,960 --> 01:26:54,519 Speaker 2: are not willing to let a single line in a 1807 01:26:54,560 --> 01:26:57,599 Speaker 2: district plan hold back millions or billions in economic potential. 1808 01:26:58,280 --> 01:27:00,439 Speaker 2: If local councilors don't have the courage to make the 1809 01:27:00,439 --> 01:27:03,880 Speaker 2: tough decisions, we will do it for them. The days 1810 01:27:03,880 --> 01:27:07,439 Speaker 2: of letting counsels decide that growth shouldn't happen are over 1811 01:27:08,240 --> 01:27:10,000 Speaker 2: go him five to nine. 1812 01:27:11,040 --> 01:27:16,200 Speaker 1: Trending now with chemist whare House Great savings every day. 1813 01:27:16,320 --> 01:27:20,000 Speaker 2: Remember I know what you did last summer nineteen ninety seven, 1814 01:27:20,120 --> 01:27:22,799 Speaker 2: Jennifer Love Hewitt, Freddy Prince Junior. They had a sequel. 1815 01:27:22,880 --> 01:27:25,040 Speaker 2: I still know what you did last summer. They've done 1816 01:27:25,040 --> 01:27:26,720 Speaker 2: it a third time. If you can believe that, they 1817 01:27:26,720 --> 01:27:29,240 Speaker 2: haven't even changed the name. I know what you did 1818 01:27:29,400 --> 01:27:30,000 Speaker 2: last summer. 1819 01:27:35,960 --> 01:27:37,559 Speaker 16: Oh my god, I'm going on. 1820 01:27:39,400 --> 01:27:41,120 Speaker 2: We don't tell anybody what happened today? 1821 01:27:41,280 --> 01:27:41,760 Speaker 3: Where you go? 1822 01:27:45,960 --> 01:27:48,880 Speaker 21: What if someone says, outside of us, no one knows 1823 01:27:48,880 --> 01:27:49,519 Speaker 21: what happened. 1824 01:27:49,960 --> 01:27:57,960 Speaker 9: Right, someone is clearly coming after us and. 1825 01:27:58,120 --> 01:28:04,360 Speaker 2: Started drinking the cat not going to help us, and we'll. 1826 01:28:04,160 --> 01:28:05,000 Speaker 4: Find someone who will. 1827 01:28:07,000 --> 01:28:07,719 Speaker 12: One of us. 1828 01:28:10,160 --> 01:28:11,240 Speaker 16: Is hiding something. 1829 01:28:15,439 --> 01:28:16,479 Speaker 17: What are you waiting for? 1830 01:28:16,880 --> 01:28:18,639 Speaker 2: How can you tell the same story three times over? 1831 01:28:18,760 --> 01:28:20,320 Speaker 2: I mean, either you know what you did last summer 1832 01:28:20,439 --> 01:28:24,439 Speaker 2: you didn't know Meddling Klein is the lead. Yes, Jennifer 1833 01:28:24,439 --> 01:28:28,160 Speaker 2: Love Hewitt is also back. Freddy Prince Junior is also back. 1834 01:28:28,600 --> 01:28:32,960 Speaker 2: It's going to hit theaters in July, the eighteenth of July, 1835 01:28:33,120 --> 01:28:35,439 Speaker 2: which is not that far very Bay can We're sort 1836 01:28:35,479 --> 01:28:37,439 Speaker 2: of getting dangerously close to the end of June already, 1837 01:28:37,479 --> 01:28:39,840 Speaker 2: so the year is whizzing us by back tomorrow morning 1838 01:28:40,160 --> 01:28:43,200 Speaker 2: on the shortened week from six Happy Days. 1839 01:28:49,120 --> 01:28:52,040 Speaker 1: For more from the mic Asking breakfast, listen live to 1840 01:28:52,120 --> 01:28:55,200 Speaker 1: news talks. It'd be from six am weekdays, or follow 1841 01:28:55,240 --> 01:28:56,800 Speaker 1: the podcast on iHeartRadio.