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Speaker 1: New Zealand's voice of reason is Mike the Mic asking

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Speaker 1: breakfast with Bailey's real Estate covering all your real estate

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Speaker 1: needs news Tog's head be.

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Speaker 2: Billy, You're welcome GDP day as we race for Q

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Speaker 2: two and what we hope was the worst of it,

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Speaker 2: had we got a scam with the tourist Levy, Big

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Speaker 2: chunks of at being banked, not being spent on things

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Speaker 2: like conservation. New stats that show youth offending us down

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Speaker 2: big time. Jacob Douglas, you'll like another new motorsport talent

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Speaker 2: to look out for his story after right jos and

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Speaker 2: Italy rodders watching Trump watching parades, asking welcome to the day,

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Speaker 2: seven past six. Important to remember, of course, that today's

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Speaker 2: GDP number is about things that have come and gone

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Speaker 2: months back, when we were discussing how tight it all felt,

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Speaker 2: how quiet it was. It will be proven today we

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Speaker 2: were right. The ongoing irony being, of course that as

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Speaker 2: we discussed that, as we saw it felt it, the

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Speaker 2: Reserve Bank was asleep or blind or had their spreadsheets

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Speaker 2: outside down because in May they were holding rates as

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Speaker 2: though nothing was going on. Oh, they were telling us

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Speaker 2: they'd done enough. They were telling us rates had come down,

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Speaker 2: the flow through effect was on, and things had settled wrong, wrong, wrong,

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Speaker 2: and wrong. So the Reserve Bank forecast is for zero

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Speaker 2: point three to the negative. Other banks have anywhere between

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Speaker 2: that and about zero point five backwards. Either way, going

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Speaker 2: backwards is not good. It's generally accepted that post that

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Speaker 2: period ie July, August and September, the period we're currently

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Speaker 2: wrapping up, that things have improved, but by how much?

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Speaker 2: And if you look at some of the live GDP

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Speaker 2: reads in the latter part of this current quarter, once

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Speaker 2: again things seem to have slowed. They have possibly gone backwards.

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Speaker 2: Given that, it beggars belief that the Reserve Bank won't

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Speaker 2: be rapping the year with their final two decisions as

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Speaker 2: both being cuts, and you can only hope that someone

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Speaker 2: there here is the call for the bigger cuts of

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Speaker 2: fifty points. But rubbing up against the cold hard data

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Speaker 2: are the politics of this. The government will be fast

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Speaker 2: to tell you that Q two today's numbers go on,

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Speaker 2: better days are ahead, Whether they are or not. They

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Speaker 2: will worry about Q three another day, But this week's

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Speaker 2: poll on the economy has got to start to be

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Speaker 2: a worry. A decent chunk of the country blames this

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Speaker 2: government for the current economic malays. They shouldn't, of course,

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Speaker 2: but apparently they do here and now the butt's too much. Yes,

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Speaker 2: who do I hate for this luxon? That's how myopic

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Speaker 2: thinking goes. But the myopic thinker has the same number

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Speaker 2: of votes as the educated one. You might argue, I don't.

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Speaker 2: But you might argue that the labor plan of asking

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Speaker 2: the government every question time about the economy, whether it

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Speaker 2: be the people who have left the country, jobs that

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Speaker 2: have been lost, or the prices that have gone up,

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Speaker 2: asking them as though it's their fault, has been in

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Speaker 2: fact a stroke a political genius. Say it until it sticks. Basically,

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Speaker 2: if logic drive votes, this government will be fine. But

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Speaker 2: logic doesn't. A bad Q two they can live with

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Speaker 2: a bad Q three. That's a whole new story.

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Speaker 1: News of the world. In ninety seconds, the.

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Speaker 2: Charm offensive has begun. The red arrows. Then some inspections

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Speaker 2: and walkings and royal stuff.

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Speaker 3: It's fun for the king to show these objects to

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Speaker 3: the president, and the President I think be very interested

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Speaker 3: to see these objects. Also, there are letters from George

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Speaker 3: the sixth to the king's mother, Queen Elizabeth the second,

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Speaker 3: when she was a girl.

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Speaker 2: I mean, big day, big day. They've just cut the cat.

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Speaker 2: They reckon. There's two more to come before the end

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Speaker 2: of the year. But they've still got their critics.

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Speaker 4: If they cut twenty five now there are three months

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Speaker 4: too late. Now, what's the consequence of that? The public

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Speaker 4: all over the country has small businesses that can't get

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Speaker 4: funding and mortgage rates that are too high.

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Speaker 2: Meantime, the Senate Committee on Health was hearing from Susan Manaries.

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Speaker 2: She was the head of the CDC until Arry Kay

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Speaker 2: told us to do a whole bunch of stuff. She

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Speaker 2: wasn't going to do.

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Speaker 5: I responded that I could not preapprove recommendations without reviewing

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Speaker 5: the evidence, and I had no basis to fire scientific experts.

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Speaker 5: He told me he had already spoken with the White

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Speaker 5: House several times about having me removed.

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Speaker 2: And we have a course of the war. After yesterday's report,

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Speaker 2: Antonia has not finished.

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Speaker 6: We have seeing massive killing of civilians.

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Speaker 7: This is something that it is morally, politically and legally intolerable.

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Speaker 2: Ben Yamen, talking to his people, ain't giving up now.

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Speaker 6: And if there is one lesson we've learned from this war,

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Speaker 6: it is that we want to be in a situation

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Speaker 6: where we are not restricted. Israel must defend itself with

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Speaker 6: its own forces and its own weapons. That's why we

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Speaker 6: aim for security independence.

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Speaker 2: Finally, we've got a five day IS show set to

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Speaker 2: begin tomorrow in China. They will be showing off their

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Speaker 2: new electric vertical takeoff and landing vehicles, otherwise known as

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Speaker 2: flying cars. Unfortunately, during the rehearsal, a couple of these

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Speaker 2: flying cars crashed into each other, injuring one of the

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Speaker 2: pilots and causing the other under burst into flames. The

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Speaker 2: companies you pen are claims have happened because quote unquote

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Speaker 2: of insufficient spacing, despite the fact that there are only

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Speaker 2: two cars flying at the time. This is all part

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Speaker 2: of China's plan to build what they call a low

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Speaker 2: altitude economy. This is taxis and drying deliveries, all operating

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Speaker 2: below three thousand meters use the world in ninety are

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Speaker 2: UK inflations sticking not good for three point eight cars

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Speaker 2: three point six, so they don't like the look of that.

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Speaker 2: Japan exports slowed, but they slowed less than they thought,

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Speaker 2: so in this weird old world that passes for good news. Apparently,

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Speaker 2: twelve past six.

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Speaker 1: The Mike asking Breakfast Full Show podcast on iHeartRadio, how Offy.

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Speaker 3: News talksp.

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Speaker 2: Mortgage rate three year low in America, you can get

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Speaker 2: a thirty year fixed at sixty one to three. So

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Speaker 2: they we'll be I think excited about that, but you'll

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Speaker 2: note it's worse than us. Just quickly. The TikTok deal

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Speaker 2: which Trump is going to sign off was on Saturday

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Speaker 2: our time. One of the investors is Oracle. The other one,

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Speaker 2: and this is interesting for us, is silver Lake. Where

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Speaker 2: do you know the name? All Blacks fifteen past six

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Speaker 2: by Welt Andrew Keller had good morning, Yeah morning, Mike,

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Speaker 2: So Jerome to the party.

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Speaker 7: Yeah, so fed announcement which has really very much just

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Speaker 7: come out. So we went into this expecting a quarter

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Speaker 7: of cent rate cut. We also went into its expecting

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Speaker 7: that there was going to be a bit of dissension. Look,

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Speaker 7: before we get into the detail, it's probably one of

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Speaker 7: the I think one of the most interesting and contentious

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Speaker 7: backdrops that I can remember having seen to a Federal

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Speaker 7: Lope Market Committee meeting. I mean, we had two people

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Speaker 7: on there, Lisa Cook, who got to retain his seat

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Speaker 7: despite Trump's you know, fairly fairly striding attempts to remove

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Speaker 7: her from that committee.

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Speaker 8: But he got his plant.

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Speaker 7: He got Stephen Moran in there into the meeting and

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Speaker 7: was sort of expecting him to pitch for a fifty

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Speaker 7: bases point cut. We were also expecting the labor market

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Speaker 7: to be the sort of key factor. What we got

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Speaker 7: a zero point two to five cuts.

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Speaker 9: So that was as.

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Speaker 7: Expected, and Stephen Rand did in fact dissent, and Mike

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Speaker 7: he didn't just dissent. He went off the radar, which

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Speaker 7: I'll go into in a minute in terms of their

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Speaker 7: comments downside, risks to employment has risen, job gains have slowed,

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Speaker 7: so they really emphasizing. I think we'll hear more of

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Speaker 7: that from Jerome Powell in quarter of an hour when

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Speaker 7: he has the press conference. They said inflation remains somewhat elevated,

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Speaker 7: and if we sort of look at the dot plot,

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Speaker 7: the median forecast now for two more rate cuts.

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Speaker 2: But this is when it starts to get interesting.

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Speaker 7: One official didn't want to cut the rate at all.

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Speaker 7: Six wants no more cuts from now onwards. Nine want

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Speaker 7: two more cuts. One individual, which we can have to

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Speaker 7: assume is Stephen Muran, wants five more rate cuts between

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Speaker 7: now and Christmas. And so I mean, it's just bordering

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Speaker 7: on the ridiculous.

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Speaker 2: Really, so core inflation three.

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Speaker 7: Percent next year. They are actually saying that cor inflation

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Speaker 7: will go up a little bit two point four to

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Speaker 7: two point six. Unemployment rates still forecast at four point five.

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Speaker 7: They've got growth going, They've got growth in twenty twenty

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Speaker 7: six going from down slightly downslightly.

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Speaker 10: You don't have those numbers right now.

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Speaker 2: Five members want to go below.

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Speaker 7: Three percent down the road in twenty by twenty twenty seven. Look,

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Speaker 7: by the real for me in this what we're seeing here,

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Speaker 7: the real long term danger being signaled by what we've

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Speaker 7: seen is by this unfettered stance that's been taken by

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Speaker 7: the Trump appointee. I think this has serious long term

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Speaker 7: implications for the independence of the Fed beca. You've got

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Speaker 7: people going in, you've got put something that's gone on

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Speaker 7: to this committee that is said no, look, I'm going

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Speaker 7: to try and be reasonable, but a complete outline, I

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Speaker 7: mean so far away from the general consensus that it

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Speaker 7: raises concerns that if you get more plants in there,

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Speaker 7: the independence of the Fed to me starts to come

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Speaker 7: under under scrutiny. Markets reacted positively, but they're starting to

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Speaker 7: come back a little bit. We have seen US dollar

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Speaker 7: get a little bit weaker, so Kiwi dollar is a

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Speaker 7: little bit stronger. But we now wait for the six

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Speaker 7: thirty press conference when we get a bit more detail.

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Speaker 2: We'll have some of that for you shortly back home.

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Speaker 2: Ninety point nine is still not good.

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Speaker 7: Yeah, So yesterday saw the release of the Westpac McDermott

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Speaker 7: Miller Consumer Confidence So this up to day Dart. It's

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Speaker 7: September quarter, it's not high frequency as a quarterly report,

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Speaker 7: and economic confidence remains in there was soggy. Yeah, the

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Speaker 7: index edge down zero point three point. It's ninety point nine,

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Speaker 7: still below the historic average on this which sits at

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Speaker 7: ninety nine, So below one hundred on this on this

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Speaker 7: index means that there are more households that are pessimistic

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Speaker 7: about the outlook than those that are optimistic. And I

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Speaker 7: looked at this with some degree of sort of contemplations

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Speaker 7: that we're actually basically slightly pessimistic people, aren't we because

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Speaker 7: the long term average is ninety nine. Look, it's also significant,

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Speaker 7: Mike that the survey would have happened after the RBNZ

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Speaker 7: moved the official cash rate lower and indicated further cuts.

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Speaker 7: So we've got this lingering softness and consumer confidence. That's

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Speaker 7: despite the falling interest rates and the factors weighing on

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Speaker 7: that have been well documented. Softness in the job market,

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Speaker 7: increasing cost of living, you know, soft residential housing market.

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Speaker 7: It's not just the headline confidence number here. We've got

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Speaker 7: other measures. They haven't really budged yet either. In fact,

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Speaker 7: your expected financial situation people respond to that. It weakened

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Speaker 7: a little bit. Look, we've still got interest rate cuts.

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Speaker 7: They're still flowing through the households. Still roughly fifty percent

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Speaker 7: of fixed rate loans that repriced in the next six months.

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Speaker 8: They'll be repriced at the lower rates.

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Speaker 7: But as we've said before, that booster household wallets is

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Speaker 7: been tempered by increased costs for food they're at five

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Speaker 7: percent and other essentials. Mike, my final comment on this

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Speaker 7: will be the survey show the concern about financial pressures

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Speaker 7: is widespread and it's particularly acute for households on lower incomes.

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Speaker 7: So I think this political significance and this result exactly

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Speaker 7: Actually one final more comment, one final comment. Yesterday I

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Speaker 7: talked about the Big City. I said something might be

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Speaker 7: stirring in the Big city because the days to sell

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Speaker 7: for houses had fallen four days in Auckland in this survey.

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Speaker 7: Who's the most upbeat place in the country Auckly blooming Auckland.

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Speaker 9: Yeah, yeah, get that.

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Speaker 7: So maybe it's happening.

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Speaker 2: I'm telling it. It's stirring in the market, believe me.

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Speaker 2: Can we let's come back to the current account tomorrow

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Speaker 2: because we don't have time because this revision things. Something's

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Speaker 2: gone wrong here anyway. What are the numbers for now?

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Speaker 7: So right as we speak about it, the Dow Jones

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Speaker 7: sort of kind of went up quite a.

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Speaker 2: Bit, and it's come back a little bit.

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Speaker 7: As we look at it now, it's up a roughly

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Speaker 7: three hundred points, which is about point sixty three percent gain.

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Speaker 7: The S and P five hundred up sixteen points, about

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Speaker 7: a quarter percent game, but the Nasack is actually lower.

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Speaker 7: It's down point sixty nine percent twenty two thousand, one

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Speaker 7: hundred and eighty As we look at it overnight, the

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Speaker 7: Forts one hundred game point one four percent thirteen points.

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Speaker 7: The Nike A was down a quarter percent four four

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Speaker 7: seven nine. Oh Shanghai Composite was up point three seven percent.

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Speaker 7: The A six two hundred, Yes, they lost two thirds

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Speaker 7: of percent fifty nine points eight eight one eight, and

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Speaker 7: we had a very small move seven points lower on

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Speaker 7: the n six fifty thirteen thousand, two hundred and twenty

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Speaker 7: eight Kimi dollar points six double oh six win our

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Speaker 7: last check. So it's gone back over sixty cents because

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Speaker 7: weiki US dollar point eight ninety five eight against the

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Speaker 7: ossie point five oh four oh euro point four to

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Speaker 7: three seven one pounds eighty seven point three nine Japanese

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Speaker 7: yen gold three thousand, six hundred and eighty seven dollars

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Speaker 7: in Brent crude sixty eight dollars and twenty cent.

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Speaker 2: See you tomorrow, Andre Kelleherjmowealth dot Co dot m ZEK

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Speaker 2: Farmer Day Eli Lilly five billion to build a manufacturing

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Speaker 2: facility in Virginia boost production capacity. Not to be out

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Speaker 2: done GSK Glaxo Smith thirty billion over five years in

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Speaker 2: US research and developing R and D and manufacturing. This

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Speaker 2: is all the Trump UK thing going on. So there's

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Speaker 2: money flying all over the place. Six twenty one. The

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Speaker 2: News Talks b.

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Speaker 11: Help you get on this label, I'm hev you get

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Speaker 11: this bee or.

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Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered

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Speaker 1: by the News.

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Speaker 2: Talks b Andrews right. Auckland is the most optimistic part

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Speaker 2: of the country at the moment, which is encouraging, along

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Speaker 2: with Wellington by the way, Waikato, Canterbury on ninety two

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Speaker 2: to the west in the country Taranaki Wanganu. We had

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Speaker 2: eighty one, which is miserable. But one of the most

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Speaker 2: interesting aspects is the men and woman split. Women are miserable,

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Speaker 2: Come on, ladies, Men ninety nine point six bordering on

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Speaker 2: being optimistic, Women at eighty three point four six twenty.

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Speaker 1: Five trending now with him as well, spring free, he sail.

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Speaker 2: On now taking a women next chapter and the Vicam

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Speaker 2: story is out. First there was the Beckham doco that's

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Speaker 2: absolutely brilliant. It was fantastic and when you're on your

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Speaker 2: roll you milk it. So next cab off the old rankers, Victoria,

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Speaker 2: the missus.

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Speaker 12: People thought I was that miserable cow that never smiled,

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Speaker 12: but I do. Don't be shocked. That uncle kid at school,

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Speaker 12: that's awkward. That was me, but I desperately wanted to

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Speaker 12: be liked, have a sense of worse. Fashion was this

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Speaker 12: creative out there.

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Speaker 3: A lot of people didn't take it seriously.

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Speaker 2: Everybody's warning her you will not be acceptable that.

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Speaker 12: It's taken so long to get to this point. I'm

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Speaker 12: not going to let it slip through my fingers again.

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Speaker 2: You can make cheese and antoasted sandwich with you, proud

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Speaker 2: of you.

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Speaker 13: Let's be honest.

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Speaker 12: I couldn't actually make a cheese sandwich very.

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Speaker 2: Well, and there's nothing wrong with that because I can't

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Speaker 2: make a choose and m sandwi John either. It's done

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Speaker 2: by the same people who made Beckham, which is in

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Speaker 2: part of the Becham company. Hashtag no bad press when

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Speaker 2: you control it all yourself. Three parter. It's out on

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Speaker 2: Netflix October the night. It is called Victoria Beckham, so

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Speaker 2: you don't get confused with the other one, which is

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Speaker 2: just called Beckham. They probably regret now not calling it

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Speaker 2: David Beckham or posh or yeah. I mean you know

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Speaker 2: that name. Brainstorm would have been fantastic, wouldn't it. E

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Speaker 2: Can yesterday deeply disappointed and e Can so they called

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Speaker 2: an emergency. What does it mean? It means nothing. They voted.

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Speaker 2: If you're not up on this, this is night trait,

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Speaker 2: this is Canterbury, and they say let's have an emergency.

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Speaker 2: They vote for an emergency. It was contentious nine to seven.

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Speaker 2: Nothing comes of it. Are they fixing it? Are they

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Speaker 2: changing anything?

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Speaker 14: Do the rule?

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Speaker 2: And nothing? So we'll talk to fair farmers about that

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Speaker 2: on the next half out on the better side of life,

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Speaker 2: on the good new side of the equation. These stats

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Speaker 2: around youth offending, they seem material and it seems to

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Speaker 2: be working. So we'll talk to the minister about this

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Speaker 2: in an hour's time or so.

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Speaker 1: Mike Housgame Insightful, engaging and vital The Mic Hosking Breakfast

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Speaker 1: with a Vita, Retirement Communities, Life your Way, News talks,

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Speaker 1: head bes up.

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Speaker 2: Nowra guys, we told you the Fed finally moved. Here

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Speaker 2: is the rationale.

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Speaker 15: Near term measures of inflation expectations have moved up on

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Speaker 15: balance over the course of this year on news about tariffs,

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Speaker 15: as reflected in both market and survey based measures. Beyond

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Speaker 15: the next year or so, However, most measures of longer

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Speaker 15: term expectations remained consistent with our two percent inflation goal.

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Speaker 2: John McKinnon's and Napoli. She's with us shortly twenty three

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Speaker 2: minutes away from seven. How about E can I not trite?

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Speaker 2: Emergency must be electioncies in any environment? Canterbury. They declared

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Speaker 2: this emergency. They worried about the ground water. You can

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Speaker 2: guess what the farmers think. Colin hourst is the thod

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Speaker 2: Farmers vice president is with us morning. Colin nine to seven,

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Speaker 2: which was the voute, shows how contentious it is. I

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Speaker 2: guess is this electioneering?

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Speaker 16: Most definitely might Look this is a cheap political stunt

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Speaker 16: and the last meeting of a council.

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Speaker 9: Why now?

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Speaker 2: Good question?

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Speaker 4: I think.

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Speaker 2: Also nothing, Actually it's important to point out nothing happens,

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Speaker 2: does it. I mean they had a bite and they

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Speaker 2: said all is emergency. Nothing actually happens, does it?

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Speaker 17: No?

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Speaker 16: No, that's right. But look, this is something that farmers

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Speaker 16: don't we know about. It's been going on for years.

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Speaker 16: We know there's night trade issues and farmers are doing

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Speaker 16: their bit and we're working with the council can constructively. Yeah,

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Speaker 16: it's hugely diverse, Mike.

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Speaker 2: Do we know for a fact the night traders all

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Speaker 2: farmers or could there be something else from history?

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Speaker 16: Most definitely. We've got examples of an old meatworks in

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Speaker 16: some areas where there's a whole of scepty tanks, so

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Speaker 16: it's just not farming. And it goes back a number

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Speaker 16: of years as well, so it can go back. We've

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Speaker 16: had some people come up with some information that goes

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Speaker 16: back to the sixties. There has been night trade.

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Speaker 2: Issues, right, So the part that farmers can do are

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Speaker 2: they doing.

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Speaker 16: It almost definitely. Look, we've had a through the council

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Speaker 16: Egin we've had past ten years, we've had up to

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Speaker 16: thirty percent reductions on some of the nitrate losses required

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Speaker 16: by farmers. So there's a lot of work been going on.

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Speaker 16: There's fencing of our waterways, some of the new different

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Speaker 16: plants like plantain reduced to nitrogen. We're really kickle how

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Speaker 16: we apply our food lives in nowadays. So there's lots

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Speaker 16: of things going on.

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Speaker 2: Okay, so they did ten percent of the worlds. They

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Speaker 2: did a big test on wells that were three hundred

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Speaker 2: and forty nine wells around the region. Ten percent were

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Speaker 2: found to have nitrate levels above the maximum acceptable value

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Speaker 2: for drinking water. You don't dispute that, do you.

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Speaker 16: No, Definitely, we know there's an issue and we're working

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Speaker 16: on it. What they've done yesterday is providing a wedge

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Speaker 16: between our farmers that do doing a really good job

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Speaker 16: and the council. Basically because we have been working what's

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Speaker 16: the council or a number of years to try and

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Speaker 16: to try and solve these problems.

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Speaker 2: Have you got a time frame on it? Can you

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Speaker 2: tell the council? Look, here's what we doing, here's why

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Speaker 2: we're doing it, and here's the effect, and here's what's

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Speaker 2: going to happen over time?

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Speaker 16: Yes, I certainly. Well it's a hard one. It takes

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Speaker 16: Some of it can be immediate, but some of it

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Speaker 16: can also take a number of years. If we reduce

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Speaker 16: our farming intention in some areas, it just takes a

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Speaker 16: number of years. It's a bit like the weather, extreme

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Speaker 16: rainfall and it will wash the night treats.

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Speaker 2: Through this world exactly. Well, what I mean it was

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Speaker 2: all driven by green peace, apart from anything yesterday. Who

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Speaker 2: hate cows? I mean, what do you do about that?

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Speaker 16: Well, farmers are trying. We're investing in a whole lot

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Speaker 16: of science to work out what to do. Look, we

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Speaker 16: would like to work with the whole community constructively. Well

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Speaker 16: that's what we want to do.

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Speaker 2: They're just I think, are here frustration. Colin, appreciate your time.

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Speaker 2: Colin Hurst, Federated Farmer's National Vice President. The other I'll

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Speaker 2: come back to it later, but then other incomprehensible psychobabble

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Speaker 2: we had yesterday was Keisha Castle Hughes, and I didn't

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Speaker 2: delve into the story until I delved into the story.

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Speaker 2: And then when I delved into the story, I regretted

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Speaker 2: every moment of it. But more shortly nineteen to seven

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Speaker 2: the Mike.

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Speaker 1: Hosking Breakfast Full Show podcast on iHeartRadio powered by newstalksp.

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Speaker 2: Now for Bailey's real Estate being all together better, it

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Speaker 2: means bringing well being basically a trusted partner in every

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Speaker 2: corner of the property sector. They've worked super hard to

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Speaker 2: builders trust back by proven results, of course, and the

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Speaker 2: commitment to doing things differently across They got it all covert, residential, commercial,

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Speaker 2: rural property services one hundred percent here we owned, which

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Speaker 2: we loved and locally operated national network of more than

402
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Speaker 2: two thousand real estate professionals one hundred branches nationwide, So

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Speaker 2: there are big success story boots on the ground across

404
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Speaker 2: the country. They've made it their business to add value

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Speaker 2: to yours with integrity and a depth of knowledge, no

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Speaker 2: matter where in the country you are. So Bailey's they've

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Speaker 2: been a leader and real estate innovation since nineteen seventy three.

408
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Speaker 2: They've focused on people centric solutions, but providing unmatched expertise,

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Speaker 2: relentless professionalism, of course, which is what you want to need,

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Speaker 2: wrap around support that nets optimal results time after time.

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Speaker 2: That is the Bailey's difference, altogether better for all of

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Speaker 2: New Zealand. No plans to stop and why would they

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Speaker 2: licensed under the Area Act of two thousand and eight.

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Speaker 2: Bailees dot CO dot Z to learn more asking the Fed.

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00:20:23,800 --> 00:20:26,720
Speaker 2: Some want no cuts, some want two cuts. One bloke

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Speaker 2: one's five cuts.

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Speaker 15: But the Committee remains noted and in pursuing our dual

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Speaker 15: mandate calls, we're strongly committed to maintaining our independence. And

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Speaker 15: beyond that, I really don't have anything to share.

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Speaker 2: Get me out of here. No cuts, two cuts, five cuts,

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Speaker 2: and they're all aligned whatever.

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Speaker 17: Six forty five International correspondence with Enzed Eye Insurance.

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Speaker 1: Peace of mind for New Zealand business.

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Speaker 2: Go to leave, Joe morning, Good money mate. Old mister

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Speaker 2: Salvini is causing trouble yet again when he does his thing.

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Speaker 2: Is that just like ah, there he is, that's him?

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Speaker 2: Or does it cause ructions? Oh, it's caused a bit

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Speaker 2: of a rush.

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Speaker 5: Now.

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Speaker 18: He was out the other night at a party greeting

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Speaker 18: the Russian ambassador to Italy, Alexo Paramonov very warmly, and

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Speaker 18: that's caused a bit of an outcry, people saying you

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Speaker 18: shouldn't be buddying up with Russia at this point, after

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Speaker 18: we saw those attacks last week in Poland and Romania

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Speaker 18: from the drones.

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Speaker 2: Now, as far as Italy is concerned, given that you

437
00:21:28,800 --> 00:21:31,359
Speaker 2: aren't Poland or Finland and you don't share a border

438
00:21:31,400 --> 00:21:34,639
Speaker 2: with Russia, how angsty is a country? I mean, the

439
00:21:34,720 --> 00:21:37,639
Speaker 2: war does it sit heavily with you each day or not?

440
00:21:38,600 --> 00:21:40,760
Speaker 18: I wouldn't say each day, but I think there is

441
00:21:40,800 --> 00:21:44,600
Speaker 18: a certain certain tension, a bit of rising panic dore

442
00:21:44,680 --> 00:21:47,119
Speaker 18: I say, in Italy, and a sense that we're not

443
00:21:47,280 --> 00:21:50,240
Speaker 18: fully prepared. And this week the Italian Defense Minister Guido

444
00:21:50,359 --> 00:21:53,800
Speaker 18: Crozetto said that Italy was not prepared for a foreign

445
00:21:53,800 --> 00:21:57,200
Speaker 18: attack from Russia or anyone else, and he used the

446
00:21:57,760 --> 00:22:00,720
Speaker 18: term madmen. If a madman decided to attack us, and

447
00:22:00,800 --> 00:22:03,880
Speaker 18: I don't mean Putin, He said, we're not quite ready

448
00:22:03,920 --> 00:22:04,080
Speaker 18: for that.

449
00:22:04,640 --> 00:22:05,560
Speaker 2: Who's the madman?

450
00:22:05,600 --> 00:22:05,719
Speaker 9: Then?

451
00:22:08,160 --> 00:22:10,400
Speaker 18: I don't know who is referring to, except for one.

452
00:22:10,520 --> 00:22:13,760
Speaker 2: That he might have had in mind. How bizarre as

453
00:22:13,800 --> 00:22:16,600
Speaker 2: far as the what I mean we're on the other

454
00:22:16,680 --> 00:22:19,040
Speaker 2: side of the world, and that's sort of not really present.

455
00:22:19,119 --> 00:22:20,919
Speaker 2: But I mean when you talk about what happens, say

456
00:22:20,960 --> 00:22:23,280
Speaker 2: you see Putin go to Alaska, there was going to

457
00:22:23,280 --> 00:22:25,040
Speaker 2: be a meeting, then there isn't a meeting. Then NATO

458
00:22:25,119 --> 00:22:27,359
Speaker 2: comes back and Trump goes one hundred percent tariffs, you

459
00:22:27,440 --> 00:22:30,000
Speaker 2: do it, then nothing happens. So that's sort of almost

460
00:22:30,200 --> 00:22:33,560
Speaker 2: like nothing's happened and the war goes on forever, isn't it.

461
00:22:34,080 --> 00:22:37,440
Speaker 18: Yeah, it's quite a seesaw. I saw some friends from

462
00:22:37,520 --> 00:22:40,639
Speaker 18: Poland visiting Italy this week and they said people are

463
00:22:40,800 --> 00:22:43,600
Speaker 18: very on edge in Poland and people with any money,

464
00:22:43,840 --> 00:22:45,520
Speaker 18: you know, they're moving the money out of the country,

465
00:22:45,920 --> 00:22:47,159
Speaker 18: they're investing in Spain.

466
00:22:47,600 --> 00:22:49,360
Speaker 2: They're really preparing for war.

467
00:22:49,640 --> 00:22:51,600
Speaker 18: So there is a lot of concern across Europe.

468
00:22:51,800 --> 00:22:54,480
Speaker 2: So is Europe split in that sense? So in other words,

469
00:22:54,480 --> 00:22:56,320
Speaker 2: if you're in Italy, do you look at Poland or

470
00:22:56,359 --> 00:22:58,720
Speaker 2: Romania or Finland and go it's sort of kind of

471
00:22:58,760 --> 00:23:01,000
Speaker 2: that more their problem than it is ours or is

472
00:23:01,080 --> 00:23:01,919
Speaker 2: EU united.

473
00:23:02,600 --> 00:23:04,680
Speaker 18: I think the man on the street thinks it's well,

474
00:23:05,200 --> 00:23:07,240
Speaker 18: it could be just their problem and we don't want

475
00:23:07,240 --> 00:23:08,760
Speaker 18: to send our troops and we don't want to get

476
00:23:08,840 --> 00:23:11,080
Speaker 18: too involved, but at the same time they're keeping an

477
00:23:11,080 --> 00:23:11,480
Speaker 18: eye on it.

478
00:23:11,720 --> 00:23:14,440
Speaker 2: Now, zero point six percent of Looking at GDP forecast,

479
00:23:14,560 --> 00:23:16,960
Speaker 2: zero point six percent doesn't strike me as illustrious.

480
00:23:18,200 --> 00:23:21,240
Speaker 18: It doesn't do. But I mean, I think it's still

481
00:23:21,640 --> 00:23:24,680
Speaker 18: perhaps a little bit ambitious because Italy hasn't really seen

482
00:23:24,760 --> 00:23:28,399
Speaker 18: the end of these negotiations over US tariffs, and I

483
00:23:28,560 --> 00:23:32,720
Speaker 18: think those any sort of prediction of GDP growth could

484
00:23:32,760 --> 00:23:35,640
Speaker 18: be ambitious at this point. Talking about zero point six

485
00:23:35,720 --> 00:23:38,280
Speaker 18: percent for this year, zero point eight percent in twenty

486
00:23:38,359 --> 00:23:41,880
Speaker 18: twenty six, but we could see more upeople, As I said,

487
00:23:41,920 --> 00:23:43,160
Speaker 18: with Donald Trump up ahead.

488
00:23:43,320 --> 00:23:45,760
Speaker 2: Politically, how does that play? I mean, do people blame

489
00:23:45,800 --> 00:23:48,639
Speaker 2: the government, go this is mediocre or it is what

490
00:23:48,760 --> 00:23:49,000
Speaker 2: it is.

491
00:23:49,840 --> 00:23:51,040
Speaker 19: I think they just go with it.

492
00:23:51,200 --> 00:23:53,680
Speaker 18: I think they just, you know, think this is the

493
00:23:53,760 --> 00:23:56,760
Speaker 18: way it is. We've had some positive industrial output over

494
00:23:56,800 --> 00:23:59,520
Speaker 18: the last few months, and that was considered to be

495
00:23:59,560 --> 00:24:03,160
Speaker 18: a positive sign. I think most people are just getting

496
00:24:03,160 --> 00:24:04,720
Speaker 18: on with it and getting back to work after a

497
00:24:04,840 --> 00:24:05,639
Speaker 18: very lazy summer.

498
00:24:06,320 --> 00:24:08,080
Speaker 2: Was speaking of which, why is the rhymeya talking about

499
00:24:08,080 --> 00:24:09,800
Speaker 2: swimming in the river again? Why wouldn't you do that

500
00:24:09,840 --> 00:24:11,320
Speaker 2: in the middle of summer, not noughtumn.

501
00:24:13,320 --> 00:24:16,000
Speaker 18: I don't know where that came from, but the Romeo

502
00:24:16,080 --> 00:24:18,760
Speaker 18: Roberto Gualdieri was in Japan and he said, I think

503
00:24:18,800 --> 00:24:20,920
Speaker 18: it's a great idea that we shoull start swimming in

504
00:24:21,000 --> 00:24:23,960
Speaker 18: the Tiber River. Maybe because they started doing it in

505
00:24:24,080 --> 00:24:26,880
Speaker 18: the Sane in Paris, but he thinks that the river

506
00:24:26,960 --> 00:24:28,639
Speaker 18: should be cleaned up and we should all be bathing

507
00:24:28,680 --> 00:24:29,919
Speaker 18: in that river in a.

508
00:24:29,960 --> 00:24:30,600
Speaker 6: Few years time.

509
00:24:30,720 --> 00:24:31,800
Speaker 2: What is the state of the river.

510
00:24:32,600 --> 00:24:33,879
Speaker 18: It doesn't look too friendly to me.

511
00:24:35,960 --> 00:24:38,400
Speaker 2: What they need to do to convince you nothing that's

512
00:24:38,440 --> 00:24:39,120
Speaker 2: never going to happen.

513
00:24:39,680 --> 00:24:41,920
Speaker 18: Well, it does look very murky. It's got a, you know,

514
00:24:42,040 --> 00:24:44,560
Speaker 18: a bit of a look like like Melbourne's Yarrow River

515
00:24:44,720 --> 00:24:47,680
Speaker 18: that's a little bit brown on the outside. On the

516
00:24:47,760 --> 00:24:50,320
Speaker 18: outside looking in, I have seen quite a few fishermen

517
00:24:50,560 --> 00:24:53,120
Speaker 18: pulling out some decent fish from there, so at least

518
00:24:53,200 --> 00:24:55,639
Speaker 18: the fish can survive in there, so maybe we should

519
00:24:55,720 --> 00:24:56,680
Speaker 18: keep an open mind about that.

520
00:24:56,920 --> 00:24:59,080
Speaker 2: Go well, Joe, nice to catch up with Joe mckinna,

521
00:24:59,080 --> 00:25:01,840
Speaker 2: who was in rhymebab way before I forget. Dennis Shanahan

522
00:25:01,880 --> 00:25:04,560
Speaker 2: on the program yesterday was alerting us to the fact

523
00:25:04,560 --> 00:25:06,639
Speaker 2: that yesterday could be a very bad day for Elbneasy.

524
00:25:07,240 --> 00:25:09,480
Speaker 2: He was up in P and G signing this historic

525
00:25:09,680 --> 00:25:13,560
Speaker 2: defense treaty until he wasn't. And I don't know whether

526
00:25:13,600 --> 00:25:16,639
Speaker 2: he's been stitched up or whether the P and G

527
00:25:16,840 --> 00:25:19,919
Speaker 2: people sort of the cabinet basically failed to sign off

528
00:25:19,960 --> 00:25:21,359
Speaker 2: the pack that it was the P and G signe

529
00:25:21,359 --> 00:25:24,119
Speaker 2: of it that couldn't get there. But surely before you

530
00:25:24,280 --> 00:25:27,160
Speaker 2: leave the country in lobby into P and G, you've

531
00:25:27,160 --> 00:25:29,480
Speaker 2: got your ducks in a row, haven't you. So we

532
00:25:29,600 --> 00:25:32,320
Speaker 2: went up to P and G and came away with nothing.

533
00:25:33,400 --> 00:25:37,400
Speaker 2: So that's embarrassing, mind you. If you look at the poles,

534
00:25:37,440 --> 00:25:38,040
Speaker 2: what does he care?

535
00:25:38,160 --> 00:25:42,119
Speaker 1: Ten away from seven, the Mike Hosking breakfast with Alvida

536
00:25:42,240 --> 00:25:44,359
Speaker 1: Retirement Communities News togs had.

537
00:25:44,240 --> 00:25:46,200
Speaker 2: Be like the only emergency that needs to be called

538
00:25:46,200 --> 00:25:49,159
Speaker 2: as a Council of Politician Emergency. Ecn's got sixteen of them.

539
00:25:49,200 --> 00:25:50,760
Speaker 2: You see the pictures yesterday. If you look at, I

540
00:25:50,760 --> 00:25:52,080
Speaker 2: mean a the room, look at the look of the

541
00:25:52,160 --> 00:25:54,840
Speaker 2: room looks like something out of Eastern Europe and the

542
00:25:54,920 --> 00:25:56,560
Speaker 2: size of it, and they're all sitting around the table

543
00:25:56,600 --> 00:25:59,320
Speaker 2: with full of their own self importance. Mike Luxon's going

544
00:25:59,359 --> 00:26:01,600
Speaker 2: weak at the Knees Gaza. Why do you say that, Jack,

545
00:26:02,320 --> 00:26:04,360
Speaker 2: I don't think that. If there's a problem, and there's

546
00:26:04,359 --> 00:26:08,359
Speaker 2: clearly an element of attention within the coalition, but it'll

547
00:26:08,440 --> 00:26:10,480
Speaker 2: be more act in New Zealand first than it will

548
00:26:10,520 --> 00:26:13,840
Speaker 2: be the National Party. If they could declare Palestine estate.

549
00:26:13,920 --> 00:26:16,360
Speaker 2: I think National will be first in line, followed possibly

550
00:26:16,400 --> 00:26:20,320
Speaker 2: by New Zealand first, dragging up the end will be acted.

551
00:26:20,400 --> 00:26:22,600
Speaker 2: Because David Seymour said the other day, why would you

552
00:26:23,240 --> 00:26:26,680
Speaker 2: recognize people who hold hostages? It's not a bad question,

553
00:26:26,840 --> 00:26:29,160
Speaker 2: is it. By the way, if you're in the housing market,

554
00:26:30,240 --> 00:26:32,639
Speaker 2: kyeing Aura are going to announce today there's a bit

555
00:26:32,680 --> 00:26:33,920
Speaker 2: of a scoop. I've got ahead of the market and

556
00:26:33,960 --> 00:26:35,680
Speaker 2: they're going to put an early bid and so don't

557
00:26:35,720 --> 00:26:39,280
Speaker 2: outbid me or I'll be furious. Kyeing Aura are going

558
00:26:39,359 --> 00:26:41,680
Speaker 2: to be selling the country's most valuable state house. It's

559
00:26:41,720 --> 00:26:44,000
Speaker 2: in Ponsonby, which if you're out of Auckland's very nice area,

560
00:26:44,400 --> 00:26:48,360
Speaker 2: inner city suburb of Auckland, one hundred and two years old.

561
00:26:48,400 --> 00:26:50,639
Speaker 2: It's a villa. It's a do up. I don't know,

562
00:26:50,800 --> 00:26:52,720
Speaker 2: maybe you reno it, maybe a bowler anyway, it's got

563
00:26:52,760 --> 00:26:55,000
Speaker 2: a CV of three point nine RB of three point one.

564
00:26:55,440 --> 00:26:57,359
Speaker 2: It's on six hundred and nineteen squares of land and

565
00:26:57,400 --> 00:26:59,680
Speaker 2: that's the key to it all. So they'll take that

566
00:27:00,840 --> 00:27:03,879
Speaker 2: from a singular house and put it into oh, I

567
00:27:03,960 --> 00:27:06,879
Speaker 2: don't know, half a dozen regular houses. And you know

568
00:27:07,080 --> 00:27:09,840
Speaker 2: that's how social housing should be run. But that's going

569
00:27:09,880 --> 00:27:12,320
Speaker 2: to be announced later on today. Five away from seven.

570
00:27:13,440 --> 00:27:16,680
Speaker 1: All the ins and the outs. It's the fizz with

571
00:27:16,960 --> 00:27:20,320
Speaker 1: business fiber. Take your business productivity to the next level.

572
00:27:20,400 --> 00:27:22,200
Speaker 2: Now, if you don't want to buy that, you're probably

573
00:27:22,240 --> 00:27:24,919
Speaker 2: busy going on holiday. What cost of living? Cristis Auckland

574
00:27:24,920 --> 00:27:28,040
Speaker 2: Airport telling us this morning are the upcoming holes? Over

575
00:27:28,119 --> 00:27:31,639
Speaker 2: a million over a million travelers are going to be

576
00:27:31,720 --> 00:27:35,200
Speaker 2: going through that airport alone. So forget queens sound, forget

577
00:27:35,240 --> 00:27:38,679
Speaker 2: dned and christ Jurch Hamilton got Hamilton later Hamilton booming

578
00:27:39,280 --> 00:27:41,480
Speaker 2: jet planes all over the place in Hamilton anyway, Orkan

579
00:27:41,520 --> 00:27:43,760
Speaker 2: the airport a million people alone, which is up six

580
00:27:43,840 --> 00:27:46,640
Speaker 2: percent on the same school holidays this time last year,

581
00:27:47,160 --> 00:27:50,639
Speaker 2: evenly split domestic and international. Five hundred and thirty thousand

582
00:27:50,800 --> 00:27:53,360
Speaker 2: others ago. When I say, as it's not me, I'm

583
00:27:53,400 --> 00:27:56,680
Speaker 2: not going anywhere I'm still here and loving it. Five

584
00:27:56,760 --> 00:27:58,920
Speaker 2: hundred and thirty thousand going off shore, four hundred and

585
00:27:58,920 --> 00:28:02,000
Speaker 2: seventy seven thousand going I'm within the country. The Sunday

586
00:28:02,080 --> 00:28:04,760
Speaker 2: is expected to be the busiest departure day. Third of October,

587
00:28:04,760 --> 00:28:07,080
Speaker 2: which is the Friday. That's when you can come home

588
00:28:07,119 --> 00:28:09,119
Speaker 2: and check whether the cat's still alive and do your

589
00:28:09,200 --> 00:28:11,080
Speaker 2: washing before you go back to school and work. That's

590
00:28:11,119 --> 00:28:14,560
Speaker 2: the busiest arrival day. Where are we going, Australia, of

591
00:28:14,640 --> 00:28:18,000
Speaker 2: course most popular destination internationally, followed by Fiji, China and

592
00:28:18,040 --> 00:28:21,479
Speaker 2: the US. Australia is leading the rebound. There's a four

593
00:28:21,520 --> 00:28:23,800
Speaker 2: percent capacity increase for this year, which is up on

594
00:28:23,840 --> 00:28:27,199
Speaker 2: the twenty nineteen numbers, Thank the Good Lord. That's offset

595
00:28:27,240 --> 00:28:28,800
Speaker 2: by the fact that we're still done nine percent on

596
00:28:28,840 --> 00:28:32,000
Speaker 2: the twenty nineteen number for overall international capacity. Of course,

597
00:28:32,040 --> 00:28:34,359
Speaker 2: we've told that story about a million times. Christ Jurch

598
00:28:34,440 --> 00:28:36,760
Speaker 2: is the top destination for domestic travel. Remember when it

599
00:28:36,880 --> 00:28:39,840
Speaker 2: used to be Queenstown. Now it's christ Church. Everyone's going

600
00:28:39,840 --> 00:28:43,240
Speaker 2: to christ Church, followed by Wellington and Queenstown is Wellington

601
00:28:43,280 --> 00:28:47,040
Speaker 2: the stopover. So are you flying or like Auckland Wellington,

602
00:28:47,080 --> 00:28:49,040
Speaker 2: you're stopping over to go somewhere proper. Are you going

603
00:28:49,080 --> 00:28:51,560
Speaker 2: to Wellington? What are you doing in Wellington? I'm joking?

604
00:28:52,040 --> 00:28:54,920
Speaker 2: So christ Church is your number one domestic Come please

605
00:28:58,280 --> 00:29:00,440
Speaker 2: tune in, you know, don't leave us behind when you're

606
00:29:00,480 --> 00:29:02,840
Speaker 2: going on holiday, or you or you flash folks who

607
00:29:03,160 --> 00:29:05,520
Speaker 2: you know can afford the affairs and stuff like that.

608
00:29:05,880 --> 00:29:08,080
Speaker 2: Speaking of the economy Q two today, we all agree

609
00:29:08,120 --> 00:29:09,800
Speaker 2: it's going to go backwards. It's just a matter of

610
00:29:09,880 --> 00:29:11,840
Speaker 2: whether it's oh not as that as we thought. Well

611
00:29:12,360 --> 00:29:15,520
Speaker 2: that was bad, wasn't it. The Ford picture is the key.

612
00:29:15,640 --> 00:29:18,080
Speaker 2: Michael Gordon's the West Pax senior economist. He's back with

613
00:29:18,200 --> 00:29:22,840
Speaker 2: us on the program. Very good numbers on youth offending material,

614
00:29:23,000 --> 00:29:27,040
Speaker 2: reduction in the number of young rat bags. We'll talk

615
00:29:27,080 --> 00:29:28,680
Speaker 2: to the minister after seven thirty.

616
00:29:29,040 --> 00:29:33,640
Speaker 1: News Opinion and everything in between. The Mike Hosking Breakfast

617
00:29:33,800 --> 00:29:36,120
Speaker 1: with Rainethrover leading by example.

618
00:29:36,280 --> 00:29:38,680
Speaker 2: News togs Head by seven past seven. So the New

619
00:29:38,760 --> 00:29:40,680
Speaker 2: Zealand economy is that stood in the months of April,

620
00:29:40,720 --> 00:29:42,960
Speaker 2: May and June, otherwise known as Q two. Everyone thinks

621
00:29:43,000 --> 00:29:45,360
Speaker 2: it went backwards, of course, the RB thinks zero point three.

622
00:29:45,440 --> 00:29:48,120
Speaker 2: The key to optimism is that as bad as it got,

623
00:29:48,320 --> 00:29:50,280
Speaker 2: in other words, as the current quarter on the right direction.

624
00:29:50,400 --> 00:29:53,600
Speaker 2: Michael Gordon, Westpac Senior Economists back with us. Michael morning,

625
00:29:54,240 --> 00:29:57,760
Speaker 2: good morning. You're minus what minus point four for us?

626
00:29:58,000 --> 00:30:00,560
Speaker 2: So what are you looking at? Construction, manufacturer those sort.

627
00:30:00,400 --> 00:30:03,880
Speaker 19: Of areas, Yeah, I mean there's some areas like construction

628
00:30:04,000 --> 00:30:06,840
Speaker 19: has been in a downturn for a while. Manufacturing is

629
00:30:06,880 --> 00:30:09,280
Speaker 19: a bit more of a reversal from what was actually

630
00:30:09,320 --> 00:30:12,440
Speaker 19: a decent Q one. The big thing that in there, though,

631
00:30:12,760 --> 00:30:16,200
Speaker 19: is that we're finding at the moment the GDP numbers

632
00:30:17,120 --> 00:30:21,480
Speaker 19: are not really fully capturing the effects of winter or

633
00:30:21,600 --> 00:30:23,800
Speaker 19: summer for that matter, So there's a little bit of

634
00:30:23,800 --> 00:30:26,360
Speaker 19: a distortion that's slightly to cause that number to be negative.

635
00:30:26,480 --> 00:30:28,640
Speaker 19: But even without that, it's probably more like a true

636
00:30:28,680 --> 00:30:30,280
Speaker 19: picture of a very.

637
00:30:30,200 --> 00:30:32,400
Speaker 2: Small plus something better in Q three or not.

638
00:30:33,840 --> 00:30:36,400
Speaker 19: I think things that tracking better in Q three certainly,

639
00:30:37,240 --> 00:30:39,719
Speaker 19: And that kind of fits with the idea that as

640
00:30:39,800 --> 00:30:42,040
Speaker 19: interest rates are flowing through, it's really only in the

641
00:30:42,120 --> 00:30:44,880
Speaker 19: last few months we've really seen substantial numbers of people

642
00:30:45,680 --> 00:30:48,160
Speaker 19: going from higher morgagraates to lower ones, and it's putting

643
00:30:48,160 --> 00:30:50,680
Speaker 19: a bit more money in people's pockets that will eventually

644
00:30:50,760 --> 00:30:52,240
Speaker 19: flow out to other parts of the economy.

645
00:30:52,360 --> 00:30:55,000
Speaker 2: And are you saying that as an economist, as a theorist,

646
00:30:55,200 --> 00:30:58,400
Speaker 2: or are you actually at the bank materially seeing that,

647
00:30:58,520 --> 00:31:00,880
Speaker 2: because we've been saying that all twenty twenty five.

648
00:31:02,880 --> 00:31:05,720
Speaker 19: I mean, we're certainly seeing on the books in terms

649
00:31:05,760 --> 00:31:08,920
Speaker 19: of what rates people are paying, in terms of seeing

650
00:31:08,960 --> 00:31:10,760
Speaker 19: what they do with it, I mean, inevitably it's going

651
00:31:10,840 --> 00:31:13,680
Speaker 19: to be a combination of maybe some paying down debt,

652
00:31:14,200 --> 00:31:16,840
Speaker 19: maybe a bit of saving as well as spending. But

653
00:31:17,040 --> 00:31:19,000
Speaker 19: that tends to happen in every cycle, so we're not

654
00:31:19,120 --> 00:31:21,320
Speaker 19: counting on the idea that everyone's going to spend all

655
00:31:21,360 --> 00:31:23,040
Speaker 19: that money that they're saving on interest.

656
00:31:23,320 --> 00:31:25,080
Speaker 2: I read an article the other day that said this

657
00:31:25,360 --> 00:31:27,400
Speaker 2: interest rate thing has been overstated. In other words, from

658
00:31:27,480 --> 00:31:29,520
Speaker 2: the Reserve Bank's point of view, they keep saying, oh,

659
00:31:29,560 --> 00:31:31,400
Speaker 2: look we've cut here and there and everywhere, and that

660
00:31:31,480 --> 00:31:34,520
Speaker 2: will flow through. That's been overstated. Is there something in

661
00:31:34,640 --> 00:31:35,360
Speaker 2: that do you think?

662
00:31:37,080 --> 00:31:38,840
Speaker 19: I mean, I think there's a pretty high hurdle to

663
00:31:38,880 --> 00:31:42,200
Speaker 19: making those kind of claims, just because again, this happens

664
00:31:42,280 --> 00:31:44,600
Speaker 19: every time around, and it's usually you know, we're a

665
00:31:44,720 --> 00:31:46,800
Speaker 19: year into an easing or a tightening cycle. Then you

666
00:31:46,840 --> 00:31:49,160
Speaker 19: get the people emerging starting to say things are different,

667
00:31:49,240 --> 00:31:52,680
Speaker 19: the economy's broken. Interest rates don't work. A year further

668
00:31:52,720 --> 00:31:54,400
Speaker 19: down the track we usually find that they had worked.

669
00:31:54,600 --> 00:31:57,880
Speaker 2: Yeah, consumer, the mood that came out yesterday was still

670
00:31:58,040 --> 00:32:02,200
Speaker 2: in the negative. How much that is we've decided it's psychological.

671
00:32:02,280 --> 00:32:05,719
Speaker 2: We've just decided things are stuffed versus it actually being stuffed.

672
00:32:06,840 --> 00:32:10,480
Speaker 19: I think there is a psychological out element, certainly. I

673
00:32:10,560 --> 00:32:12,840
Speaker 19: mean one, I mean, one thing that does cut up

674
00:32:12,840 --> 00:32:15,520
Speaker 19: in any conversation really is just this perception of the

675
00:32:15,600 --> 00:32:18,520
Speaker 19: cost of living crisis. Now we're kind of we're back

676
00:32:18,600 --> 00:32:22,840
Speaker 19: to below three percent inflation, so technicals was on target,

677
00:32:22,920 --> 00:32:25,960
Speaker 19: but I think there's still a perception that the cost

678
00:32:26,000 --> 00:32:27,560
Speaker 19: of living is just moving out of control. You get

679
00:32:27,600 --> 00:32:30,320
Speaker 19: these food prices, electricity prices and so on, the really

680
00:32:30,400 --> 00:32:33,840
Speaker 19: visible stuff, and that is just continuing to sour the mood.

681
00:32:34,080 --> 00:32:36,040
Speaker 2: But explain to me, just before the news I gave

682
00:32:36,040 --> 00:32:38,080
Speaker 2: the numbers from Auckland Airport. There'll be a million people

683
00:32:38,120 --> 00:32:40,280
Speaker 2: through these school holidays. A million people are flying. They're

684
00:32:40,280 --> 00:32:42,600
Speaker 2: going to America, they're going to China, are going to Fiji,

685
00:32:42,640 --> 00:32:44,880
Speaker 2: they're going to Australia. So what's real.

686
00:32:47,120 --> 00:32:49,040
Speaker 19: Well, yeah, I mean it's like I said, it's a

687
00:32:49,120 --> 00:32:51,200
Speaker 19: multi speed economy to some extent. But also I think

688
00:32:51,600 --> 00:32:54,520
Speaker 19: it lets the fact that, yeah, I mean people are spending,

689
00:32:54,560 --> 00:32:59,640
Speaker 19: they're just not necessarily spending here. And yeah, I mean

690
00:32:59,720 --> 00:33:03,480
Speaker 19: the the travel numbers have been notable, and I think

691
00:33:03,520 --> 00:33:05,959
Speaker 19: also the exchange rate has been quite favorable for us

692
00:33:06,000 --> 00:33:07,400
Speaker 19: compared to the last couple of years.

693
00:33:07,520 --> 00:33:09,800
Speaker 2: Good stuff, Michael appreciated very much. Michael good and Westpac

694
00:33:09,840 --> 00:33:12,480
Speaker 2: senior economist. I'm going to Los Angeles and I'm going

695
00:33:12,520 --> 00:33:14,680
Speaker 2: to mine about the price of butter. It's ten minutes

696
00:33:14,720 --> 00:33:17,760
Speaker 2: past seven, Pascoe. The irony bit of banks around the money,

697
00:33:17,800 --> 00:33:20,720
Speaker 2: speaking of which we pulled from International Tourists budget papers,

698
00:33:21,400 --> 00:33:23,520
Speaker 2: show of the two hundred and twenty nine million collected

699
00:33:23,520 --> 00:33:25,680
Speaker 2: each year, the government's banking one hundred and thirty nine

700
00:33:25,720 --> 00:33:27,960
Speaker 2: of that. So this is the levey they raised, remember,

701
00:33:28,000 --> 00:33:29,880
Speaker 2: from thirty five to one hundred bucks a year. Tom

702
00:33:29,920 --> 00:33:31,920
Speaker 2: oft Potak is the Ministry of Conservation and is with

703
00:33:32,040 --> 00:33:35,080
Speaker 2: us morning mate, Hey cholem mate, how are you very well?

704
00:33:35,080 --> 00:33:36,040
Speaker 2: Are those numbers true?

705
00:33:37,160 --> 00:33:39,400
Speaker 9: Well, the two twenty nine was an estimate number, and

706
00:33:39,480 --> 00:33:43,000
Speaker 9: I'm sure may's well becoming true. But Importantly, tourists come

707
00:33:43,040 --> 00:33:45,480
Speaker 9: and use services, use the conservation state a whole range

708
00:33:45,520 --> 00:33:48,560
Speaker 9: of other things, so it's important that we allocate accordingly.

709
00:33:48,720 --> 00:33:50,200
Speaker 2: So that's what I was trying to find out, was

710
00:33:50,240 --> 00:33:52,080
Speaker 2: the two twenty nine an estimate. So in other words,

711
00:33:52,160 --> 00:33:54,560
Speaker 2: you will, once you've got it, pass it on to

712
00:33:54,640 --> 00:33:55,680
Speaker 2: the right areas or not.

713
00:33:56,760 --> 00:33:58,680
Speaker 9: Yes, well, that's exactly what we're going to do. You

714
00:33:58,760 --> 00:34:00,880
Speaker 9: might recall in the budget twenty five we said we're

715
00:34:00,880 --> 00:34:03,360
Speaker 9: going to give some more money to conservation through the IVL.

716
00:34:03,480 --> 00:34:05,360
Speaker 9: And I've got some other ideas as well about how

717
00:34:05,400 --> 00:34:07,280
Speaker 9: to make some money off thirty percent of the country,

718
00:34:07,600 --> 00:34:12,120
Speaker 9: like what like payde parking in certain areas, charging tourists

719
00:34:12,200 --> 00:34:16,799
Speaker 9: international tourism four or five locations like maybe Cathedral Milford Sound.

720
00:34:17,000 --> 00:34:20,080
Speaker 9: There's some areas of the country thirty percent under conservation.

721
00:34:20,160 --> 00:34:22,239
Speaker 9: We make about sixty million dollars from that, Mike, it's

722
00:34:22,280 --> 00:34:22,680
Speaker 9: not good.

723
00:34:22,600 --> 00:34:26,160
Speaker 2: Enough, okay, So just to clarify the story, what you

724
00:34:26,360 --> 00:34:28,200
Speaker 2: get you will pass on. This is like the funding

725
00:34:28,239 --> 00:34:30,320
Speaker 2: of rights. When I go to the petrol pump, the

726
00:34:30,360 --> 00:34:32,640
Speaker 2: money I pay in tax goes to roads. This will

727
00:34:32,680 --> 00:34:34,359
Speaker 2: go to conservation, et cetera.

728
00:34:35,560 --> 00:34:38,880
Speaker 9: The IVL was set up to allocate funds through to

729
00:34:39,719 --> 00:34:42,920
Speaker 9: conservation and tourism. Right, Okay, that's the first thing. The

730
00:34:43,040 --> 00:34:46,960
Speaker 9: second thing is we lifted the dollar amounts of the

731
00:34:47,080 --> 00:34:50,920
Speaker 9: IVL from thirty five to hundred dollars. Will increase the

732
00:34:51,080 --> 00:34:53,880
Speaker 9: number of dollars that are now going conservation, but not

733
00:34:54,080 --> 00:34:56,040
Speaker 9: all of it will go to conservation and tourism.

734
00:34:56,719 --> 00:34:57,480
Speaker 2: Well where's it going?

735
00:34:58,360 --> 00:35:01,720
Speaker 9: Well, some of it will go to you know, general

736
00:35:01,800 --> 00:35:03,960
Speaker 9: crown expenses. It's not as if tourists come in and

737
00:35:04,160 --> 00:35:06,440
Speaker 9: just use the conservation of states and tourism there is

738
00:35:06,440 --> 00:35:08,759
Speaker 9: They actually also use things like the health system and

739
00:35:08,800 --> 00:35:10,560
Speaker 9: the roads and a whole runge of vertry. A good point.

740
00:35:10,800 --> 00:35:12,279
Speaker 2: Did you say at the time, and I think this

741
00:35:12,360 --> 00:35:14,040
Speaker 2: is where people get angsty. Did you say at the

742
00:35:14,080 --> 00:35:15,879
Speaker 2: time and putting it from thirty five to one hundred,

743
00:35:15,920 --> 00:35:18,759
Speaker 2: that it will go exclusively to conservation and tourism or not?

744
00:35:19,760 --> 00:35:21,640
Speaker 9: Well, we did not say that. We were very clear

745
00:35:21,760 --> 00:35:24,440
Speaker 9: in the budget that some would go to conservation and

746
00:35:24,480 --> 00:35:27,320
Speaker 9: tourism and increased amount actually, but some would go to

747
00:35:27,400 --> 00:35:28,040
Speaker 9: general Have.

748
00:35:28,120 --> 00:35:30,520
Speaker 2: You got any sense of whether it's put people off?

749
00:35:30,560 --> 00:35:32,359
Speaker 2: Because that was one of the great criticisms of the time.

750
00:35:32,400 --> 00:35:33,959
Speaker 2: People won't come because it's hundred bucks.

751
00:35:34,120 --> 00:35:34,560
Speaker 16: Is that true?

752
00:35:35,480 --> 00:35:38,520
Speaker 9: No, then tourism's coming back. The numbers are branding again.

753
00:35:38,840 --> 00:35:41,680
Speaker 9: They're not perfect, but certainly in the South Island down

754
00:35:41,760 --> 00:35:43,680
Speaker 9: Queenston another areas. Mike, you will know that a lot

755
00:35:43,719 --> 00:35:45,200
Speaker 9: of the Australian cousins are coming over.

756
00:35:45,400 --> 00:35:47,480
Speaker 2: Yes they are well. Nice to catch up. Time of

757
00:35:47,520 --> 00:35:50,640
Speaker 2: po tak a Minister of Conservation, thirteen minutes past seven past.

758
00:35:50,960 --> 00:35:52,640
Speaker 2: That was only the story if they said it's going

759
00:35:52,680 --> 00:35:55,719
Speaker 2: exclusively like Rhodes to tourism and conservation. They never said that.

760
00:35:55,800 --> 00:35:57,320
Speaker 2: Therefore they can spend it on what they like. And

761
00:35:57,400 --> 00:36:00,239
Speaker 2: then the number of texts I get from p people

762
00:36:00,239 --> 00:36:02,480
Speaker 2: who go. But what about when they end up in hospital?

763
00:36:02,560 --> 00:36:04,520
Speaker 2: It's free, so that's where some of the money goes.

764
00:36:04,600 --> 00:36:04,759
Speaker 11: Mike.

765
00:36:04,840 --> 00:36:09,480
Speaker 2: Love listening to zib while cruising. Nice for some leave

766
00:36:09,520 --> 00:36:11,720
Speaker 2: Saturday for a six week Oh just the six weeker

767
00:36:11,840 --> 00:36:15,279
Speaker 2: good Alaska to Singapore. Aren't we lucky? Yes you are.

768
00:36:15,520 --> 00:36:17,600
Speaker 2: Unfortunately I can't listen to you, Mike. It's the time

769
00:36:17,640 --> 00:36:18,640
Speaker 2: of the day when I'll be at the bar.

770
00:36:18,760 --> 00:36:18,960
Speaker 16: Paul.

771
00:36:19,000 --> 00:36:21,040
Speaker 2: I know you're joking because you can listen to any

772
00:36:21,080 --> 00:36:22,839
Speaker 2: hour of the day and night and get the podcast. Mike,

773
00:36:22,880 --> 00:36:27,040
Speaker 2: I'm hearing heading to Georgia and Armenia, the birthplace of wine.

774
00:36:27,120 --> 00:36:29,200
Speaker 2: It's their wine harvest in a couple of weeks. Are

775
00:36:29,239 --> 00:36:31,480
Speaker 2: you familiar with the region moderately but not great. Would

776
00:36:31,520 --> 00:36:34,040
Speaker 2: you like to place in order? No, Mike. When my

777
00:36:34,120 --> 00:36:36,200
Speaker 2: wife and I retired from Dneedin to christ Church both

778
00:36:36,280 --> 00:36:38,600
Speaker 2: quake people thought we were nuts. Look at christ Church

779
00:36:38,719 --> 00:36:41,600
Speaker 2: now exactly, Daryl, well done. Sure, Mike, I'll report him

780
00:36:41,640 --> 00:36:46,240
Speaker 2: from Perth, Cambodia. Then Bali three weeks three days leaving.

781
00:36:46,840 --> 00:36:47,319
Speaker 2: Can't wait.

782
00:36:47,920 --> 00:36:50,400
Speaker 8: So people are just literally texting him with humble brags.

783
00:36:50,440 --> 00:36:51,520
Speaker 2: Now that's what they do.

784
00:36:51,760 --> 00:36:56,800
Speaker 1: Fourteen past the Mike asking Breakfast Fall Show podcast on

785
00:36:57,040 --> 00:36:59,200
Speaker 1: iHeartRadio powered by News Talk.

786
00:36:59,120 --> 00:37:02,320
Speaker 2: ZB best one yet morning, Mike Monaco boat show for me.

787
00:37:02,360 --> 00:37:04,439
Speaker 2: I'll send you some pictus of the big boats. Thank you, Max,

788
00:37:04,480 --> 00:37:07,279
Speaker 2: have a good time. Seventeen past is Tiki Tani the

789
00:37:07,360 --> 00:37:09,440
Speaker 2: start of something locally on Spotify. So Tani, if you

790
00:37:09,520 --> 00:37:11,080
Speaker 2: have not up on this, is pulling his music from

791
00:37:11,120 --> 00:37:14,560
Speaker 2: the platform. He argues exploitation, poor royalty, subsidizing big names,

792
00:37:14,560 --> 00:37:17,560
Speaker 2: et cetera. Each stream owns an artist around about one

793
00:37:17,640 --> 00:37:20,640
Speaker 2: twentieth of Descent. Paul Spain, tech and business commentator with

794
00:37:20,760 --> 00:37:21,640
Speaker 2: US Paul morning.

795
00:37:22,520 --> 00:37:23,160
Speaker 20: Good morning mine.

796
00:37:23,280 --> 00:37:25,040
Speaker 2: So we got the bats as well pulling out. I

797
00:37:25,040 --> 00:37:27,160
Speaker 2: don't think Spotify is shaking in their boots. Is this

798
00:37:27,320 --> 00:37:28,560
Speaker 2: a thing though? Internationally?

799
00:37:29,920 --> 00:37:33,719
Speaker 20: Yeah, this has been going on for some time and

800
00:37:34,239 --> 00:37:37,000
Speaker 20: yet and it doesn't seem as though, you know, it

801
00:37:37,080 --> 00:37:40,480
Speaker 20: brings much much change or action at the Spotify end.

802
00:37:40,640 --> 00:37:42,880
Speaker 2: No, indeed not. I mean Taylor pulled out and she

803
00:37:43,000 --> 00:37:45,319
Speaker 2: came back. So if she can pull out and come back,

804
00:37:45,400 --> 00:37:47,520
Speaker 2: then nothing's changing. This is what it is, isn't it.

805
00:37:48,680 --> 00:37:48,879
Speaker 4: Yeah.

806
00:37:48,920 --> 00:37:53,160
Speaker 20: Look, they're the most dominant platform for music streaming now.

807
00:37:53,239 --> 00:37:56,719
Speaker 20: I think something like seventy percent market share. You've got

808
00:37:56,800 --> 00:37:59,319
Speaker 20: YouTube music as well. He'll probably pay out a little

809
00:37:59,320 --> 00:38:03,120
Speaker 20: bit more per stream and Apple Music who pay out

810
00:38:03,400 --> 00:38:06,560
Speaker 20: the most. The reason they're able to pay out the most, though,

811
00:38:06,760 --> 00:38:11,200
Speaker 20: is they only have paid subscribers, whereas with Spotify you've

812
00:38:11,239 --> 00:38:15,359
Speaker 20: got that free tier where it's ad supported. So that's

813
00:38:15,400 --> 00:38:19,120
Speaker 20: why they're in part why the numbers don't stack up

814
00:38:19,160 --> 00:38:22,840
Speaker 20: as well. Although Spotify have been increasing their prices and

815
00:38:22,880 --> 00:38:25,640
Speaker 20: they haven't been increasing their payouts. I think there's a

816
00:38:26,000 --> 00:38:30,040
Speaker 20: there's a fair point there from artists that they probably

817
00:38:30,080 --> 00:38:34,440
Speaker 20: should be getting a bigger slice of the revenue.

818
00:38:34,600 --> 00:38:37,120
Speaker 2: What's actually driving at most is it the slice of

819
00:38:37,160 --> 00:38:39,560
Speaker 2: the revenue or is it this politics? And they invested

820
00:38:39,640 --> 00:38:41,800
Speaker 2: in some military AI and it's got all political.

821
00:38:43,080 --> 00:38:43,279
Speaker 5: Yeah.

822
00:38:43,360 --> 00:38:46,480
Speaker 20: Look, I mean I think that the investment from their CEO,

823
00:38:46,640 --> 00:38:50,439
Speaker 20: Daniel eck In healsing and he's also chair of the board,

824
00:38:50,520 --> 00:38:53,080
Speaker 20: so this is not just an investment. He's invested something

825
00:38:53,239 --> 00:38:58,120
Speaker 20: like a billion New Zealand dollars in there, and you

826
00:38:58,200 --> 00:39:01,920
Speaker 20: know they're a defense company. And I think that's that's

827
00:39:01,920 --> 00:39:04,920
Speaker 20: something doesn't align very well with a lot of artists

828
00:39:05,080 --> 00:39:10,080
Speaker 20: that that their music effectively is funding it. There is

829
00:39:10,120 --> 00:39:11,719
Speaker 20: a flip side, though, and I think, you know, it's

830
00:39:11,719 --> 00:39:13,839
Speaker 20: important to remember, you know, if we look back twenty

831
00:39:13,920 --> 00:39:17,000
Speaker 20: five years ago, the music industry was being disrupted, not

832
00:39:17,080 --> 00:39:21,320
Speaker 20: by Spotify, by nap Start, and you know, at that

833
00:39:21,480 --> 00:39:23,879
Speaker 20: point we were moving into a world where nobody paid

834
00:39:23,920 --> 00:39:28,160
Speaker 20: for music any longer, and the future of music was,

835
00:39:28,320 --> 00:39:30,960
Speaker 20: you know, was very much in doubt. You know, today,

836
00:39:31,080 --> 00:39:34,759
Speaker 20: for musicians to do well, largely, you know, it comes

837
00:39:34,840 --> 00:39:40,279
Speaker 20: down to doing live shows and selling merchandise. So you know,

838
00:39:40,360 --> 00:39:43,759
Speaker 20: we've had these sort of two big disruptions that technology

839
00:39:43,840 --> 00:39:47,840
Speaker 20: has has enabled and facilitated when it comes to the

840
00:39:47,960 --> 00:39:50,240
Speaker 20: music industry. But you know, I can, I can totally

841
00:39:50,360 --> 00:39:53,759
Speaker 20: understand why musicians don't really want to be associated with

842
00:39:54,239 --> 00:39:55,239
Speaker 20: what daniel 's doing.

843
00:39:55,480 --> 00:39:57,480
Speaker 2: Fantastic good on you, Paul good to catch uppreciate it

844
00:39:57,560 --> 00:39:59,480
Speaker 2: very much. And despite how clear that was, he's not

845
00:39:59,560 --> 00:40:02,040
Speaker 2: in the next room. He's actually in Singapore, which by

846
00:40:02,120 --> 00:40:04,640
Speaker 2: my accounts about quarter past three or four in the morning.

847
00:40:04,719 --> 00:40:07,520
Speaker 2: So he wins the Simon Watts Memorial Prize this week

848
00:40:08,000 --> 00:40:10,560
Speaker 2: for getting up early and actually appearing on the program

849
00:40:10,719 --> 00:40:11,600
Speaker 2: seven twenty.

850
00:40:13,880 --> 00:40:18,520
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Call

851
00:40:18,600 --> 00:40:19,800
Speaker 1: it by Newstalk Zippy.

852
00:40:22,800 --> 00:40:25,719
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865
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866
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867
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868
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Speaker 2: week for compulsory key, we say it. It was sort

869
00:41:14,960 --> 00:41:18,120
Speaker 2: of ironic, probably lucky there. Several reports came out post

870
00:41:18,160 --> 00:41:20,200
Speaker 2: those comments that wanted exactly the same thing, and then

871
00:41:20,400 --> 00:41:22,399
Speaker 2: enter Winston Peter's the other day wants it as well.

872
00:41:22,520 --> 00:41:24,480
Speaker 2: We'll pay for it apparently with tax cuts. The tax

873
00:41:24,560 --> 00:41:27,440
Speaker 2: cuts of course completely unaffordable. But it doesn't make the

874
00:41:27,520 --> 00:41:31,440
Speaker 2: compulsion a bad idea, just a reminder. I personally am

875
00:41:31,520 --> 00:41:34,359
Speaker 2: not for compulsion, but it is it seems the only

876
00:41:34,440 --> 00:41:37,439
Speaker 2: way to say, solve our never ending inability to save.

877
00:41:37,600 --> 00:41:41,480
Speaker 2: Now what possibly is the defining argument? As a bloke

878
00:41:41,520 --> 00:41:44,360
Speaker 2: called John O'Malley works for Deloitte has written a paper

879
00:41:44,400 --> 00:41:48,440
Speaker 2: on creditor and debtor nations. That is, when you take

880
00:41:48,520 --> 00:41:50,600
Speaker 2: all of the country's financial dealings with the world and

881
00:41:50,680 --> 00:41:53,200
Speaker 2: you work out who owes what. Now, Places like Germany

882
00:41:53,239 --> 00:41:56,200
Speaker 2: and Japan and Switzerland are what they call creditor nations.

883
00:41:56,320 --> 00:42:00,359
Speaker 2: They are owed money. The debtor nations owe them money.

884
00:42:00,800 --> 00:42:04,319
Speaker 2: New Zealand, it will not surprise you, is a debt nation. Australia,

885
00:42:04,719 --> 00:42:07,040
Speaker 2: which is where the paper originated, is what they call

886
00:42:07,080 --> 00:42:09,840
Speaker 2: a switcher nation. In other words, it has been a debtor,

887
00:42:10,120 --> 00:42:13,080
Speaker 2: but the numbers have reversed dramatically. Net foreign liabilities have

888
00:42:13,160 --> 00:42:15,600
Speaker 2: gone from sixty three percent of GDP in twenty sixteen

889
00:42:15,960 --> 00:42:18,360
Speaker 2: to thirty two down to twenty four. Now, if it

890
00:42:18,480 --> 00:42:21,160
Speaker 2: keeps going, you are a credit to nation. How have

891
00:42:21,280 --> 00:42:24,400
Speaker 2: they done this? Answer? Well, number of things because economies

892
00:42:24,400 --> 00:42:28,359
Speaker 2: are complex, but no small contributor has been You guessed it, superannuation.

893
00:42:28,840 --> 00:42:32,440
Speaker 2: Paul Keating, formal labour treasurer, introduced compulsion back in nineteen

894
00:42:32,520 --> 00:42:36,799
Speaker 2: ninety two contributions from employee employer. They've never looked back. Yes,

895
00:42:36,920 --> 00:42:39,200
Speaker 2: they had the usual arguments that cuts pay rise as

896
00:42:39,200 --> 00:42:42,520
Speaker 2: it's unaffordable, but thirty something years later the proofers in

897
00:42:42,560 --> 00:42:44,719
Speaker 2: the pudding. We have an average QI saber in this

898
00:42:44,760 --> 00:42:47,920
Speaker 2: country of about thirty thousand dollars. There's ze hundred and

899
00:42:47,960 --> 00:42:50,440
Speaker 2: thirty thousand. Recently, for the first time they could say

900
00:42:50,520 --> 00:42:53,759
Speaker 2: a person starting work, working for forty years on an

901
00:42:53,760 --> 00:42:57,279
Speaker 2: average salary could look forward to retiring in comfort. So

902
00:42:57,480 --> 00:43:00,840
Speaker 2: problem solved. They don't debate retirement and its cost, and

903
00:43:00,920 --> 00:43:02,920
Speaker 2: the wealth created makes them on the verge of being

904
00:43:02,920 --> 00:43:06,320
Speaker 2: a credited nation, joining the heavyweights like Japan and Germany

905
00:43:06,480 --> 00:43:10,960
Speaker 2: and Switzerland. So New Zealand or Australia. Who would you

906
00:43:11,080 --> 00:43:11,400
Speaker 2: rather be?

907
00:43:12,040 --> 00:43:12,440
Speaker 3: Husking?

908
00:43:12,600 --> 00:43:16,239
Speaker 2: I my friends walking the Camino Spain. Her husband was

909
00:43:16,320 --> 00:43:19,320
Speaker 2: made redundant one polar step post, she said when the

910
00:43:19,360 --> 00:43:22,440
Speaker 2: scenery got dull in when the EarPods and she got

911
00:43:22,480 --> 00:43:24,480
Speaker 2: the mic hosking update on what's happening at time. Isn't

912
00:43:24,480 --> 00:43:26,520
Speaker 2: that nice? Doesn't you can do it also when the

913
00:43:26,560 --> 00:43:29,800
Speaker 2: scenery is good that polar step things quite good. My

914
00:43:29,880 --> 00:43:32,320
Speaker 2: daughter was in Albania recently and she did the polar steps.

915
00:43:32,360 --> 00:43:32,719
Speaker 2: That was good.

916
00:43:32,800 --> 00:43:32,960
Speaker 11: Mike.

917
00:43:33,239 --> 00:43:35,600
Speaker 2: We're off to India for eight weeks. I'll send you

918
00:43:35,640 --> 00:43:37,399
Speaker 2: a pick of the taj Mahal just the eight weeks.

919
00:43:37,440 --> 00:43:39,719
Speaker 2: Good on you, hi, Mike. If a million people are

920
00:43:39,760 --> 00:43:41,960
Speaker 2: going through Auckland Airport, that means twenty percent of us

921
00:43:41,960 --> 00:43:44,160
Speaker 2: are traveling. Not a bad economy. I couldn't agree more

922
00:43:44,520 --> 00:43:46,399
Speaker 2: this whole thing. Now, this will be the two step.

923
00:43:46,520 --> 00:43:49,000
Speaker 2: I get it. Not everyone's got money, not everyone's traveling.

924
00:43:49,000 --> 00:43:52,840
Speaker 2: I understand that. But you cannot have a million people

925
00:43:54,120 --> 00:43:56,360
Speaker 2: forking out for airfares half the time. When you're not

926
00:43:56,400 --> 00:43:58,759
Speaker 2: complaining about the butter, what are you complaining about er

927
00:43:58,800 --> 00:44:01,760
Speaker 2: New Zealand hate you news Zan cost you nine million

928
00:44:01,840 --> 00:44:03,239
Speaker 2: dollars to fly half an hour.

929
00:44:03,640 --> 00:44:05,200
Speaker 8: You haven't got a million people. You've got to go

930
00:44:05,280 --> 00:44:06,359
Speaker 8: there and back, So that's happy.

931
00:44:06,360 --> 00:44:08,640
Speaker 2: Okay, half a million people, You've still got half a

932
00:44:08,719 --> 00:44:13,880
Speaker 2: million people, five hundred thousand people or somebody actually negatively said, well,

933
00:44:13,880 --> 00:44:16,400
Speaker 2: how many you're on one way tickets? Stop being negative

934
00:44:16,600 --> 00:44:18,640
Speaker 2: when the numbers are in front of you. The numbers

935
00:44:18,680 --> 00:44:20,239
Speaker 2: are in front of you. You can't argue with that

936
00:44:20,320 --> 00:44:23,279
Speaker 2: many people with enough money to fly internationally and around

937
00:44:23,360 --> 00:44:25,840
Speaker 2: the countryside for what is nothing more than a holiday

938
00:44:25,880 --> 00:44:28,680
Speaker 2: for FUNDSI youth offending more on this than just a

939
00:44:28,719 --> 00:44:29,799
Speaker 2: couple of months to.

940
00:44:29,840 --> 00:44:33,799
Speaker 1: New Zealand's home for trusted news and views, the mic

941
00:44:33,880 --> 00:44:37,719
Speaker 1: asking Breakfast with Bailey's real Estate, covering all your real

942
00:44:37,800 --> 00:44:39,440
Speaker 1: estate needs, use togs, dead b.

943
00:44:39,880 --> 00:44:42,520
Speaker 2: Mike Positive, piece of news. Our daughter and new partner

944
00:44:42,600 --> 00:44:46,719
Speaker 2: on a one way ticket from London to christ Jurch.

945
00:44:46,880 --> 00:44:48,839
Speaker 2: Having lived overseas for more than six years, they're coming

946
00:44:48,840 --> 00:44:51,120
Speaker 2: home to settle in christ Isn't that good, Mike? Here's

947
00:44:51,120 --> 00:44:52,560
Speaker 2: a great way to in. A couple of good stories

948
00:44:52,600 --> 00:44:54,120
Speaker 2: that have appeared in the last twenty four hours. My

949
00:44:54,239 --> 00:44:57,480
Speaker 2: friend Kushler as a serial entrepreneur. She has developed a

950
00:44:57,520 --> 00:45:00,440
Speaker 2: technology to remove night trate from our waterways and rivers.

951
00:45:00,480 --> 00:45:02,560
Speaker 2: You should speak to her about the challenges in raising

952
00:45:02,640 --> 00:45:07,200
Speaker 2: venture capital. Your producers should contact her. Jeff, my producer,

953
00:45:07,280 --> 00:45:10,840
Speaker 2: Will We're on to it. And speaking of which, I

954
00:45:10,920 --> 00:45:13,560
Speaker 2: received a letter just the other morning from a bloke

955
00:45:13,640 --> 00:45:16,520
Speaker 2: called Jacob, who I didn't know of, and Jacob told

956
00:45:16,560 --> 00:45:18,719
Speaker 2: me a story and so as a result of people

957
00:45:18,760 --> 00:45:21,120
Speaker 2: writing to me, Jacob is on the show after eight o'clock,

958
00:45:23,960 --> 00:45:25,960
Speaker 2: twenty three minutes away from Mate. I might have a

959
00:45:26,000 --> 00:45:28,520
Speaker 2: wedding with new numbers around youth offending showing it's down

960
00:45:28,600 --> 00:45:32,040
Speaker 2: fourteen point six percent competed to June of twenty three.

961
00:45:32,120 --> 00:45:35,520
Speaker 2: Northland seen of forty percent drop Auklands down fourteen. Karen Chawles,

962
00:45:35,520 --> 00:45:37,560
Speaker 2: the Children's Minister, of course, and as well as Karen

963
00:45:37,640 --> 00:45:41,160
Speaker 2: Morning Morning, How are you very well? Indeed how much

964
00:45:41,200 --> 00:45:43,680
Speaker 2: of this as ram raids, like because we don't ram

965
00:45:43,760 --> 00:45:45,680
Speaker 2: raid much anymore, that numbers naturally dropped.

966
00:45:46,600 --> 00:45:49,600
Speaker 21: Oh yeah, that's a big part of it. I don't

967
00:45:49,640 --> 00:45:52,279
Speaker 21: have the percentage in front of me, but ramroids have

968
00:45:52,480 --> 00:45:55,480
Speaker 21: dropped by eighty two percent, and we do know that

969
00:45:56,239 --> 00:45:59,000
Speaker 21: that a small group of young people are causing a

970
00:45:59,320 --> 00:46:03,240
Speaker 21: large problem within our communities. So this isn't a massive problem,

971
00:46:03,960 --> 00:46:06,920
Speaker 21: and so we're focusing on the small group of serious,

972
00:46:07,040 --> 00:46:09,719
Speaker 21: persistent youth offenders and it's starting to work good.

973
00:46:09,800 --> 00:46:12,319
Speaker 2: So this is the repeat offending is down. But one

974
00:46:12,360 --> 00:46:14,760
Speaker 2: of the in your press release you're claiming boot camps.

975
00:46:15,120 --> 00:46:17,480
Speaker 2: Correct me if I'm wrong. The boot camps haven't even started.

976
00:46:18,520 --> 00:46:20,480
Speaker 21: Yes, but we did run a pilot and we had

977
00:46:20,520 --> 00:46:22,759
Speaker 21: a lot of learnings from that pilot that we're now

978
00:46:22,960 --> 00:46:28,040
Speaker 21: using within our work program, working with the community, working

979
00:46:28,160 --> 00:46:31,120
Speaker 21: with the families, making sure that we have a good

980
00:46:31,200 --> 00:46:34,120
Speaker 21: wrap around service with young people when they're going back

981
00:46:34,200 --> 00:46:38,400
Speaker 21: to the homes back into their homes. So whilst the

982
00:46:38,680 --> 00:46:42,719
Speaker 21: military style academy hasn't started for the program within the

983
00:46:42,800 --> 00:46:46,040
Speaker 21: youth justice facilities, it doesn't mean that we haven't taken

984
00:46:46,120 --> 00:46:49,520
Speaker 21: some of those learnings and put it into our work program.

985
00:46:49,960 --> 00:46:52,560
Speaker 2: I've also, I'm quoting you, I've also been informed that

986
00:46:52,640 --> 00:46:55,520
Speaker 2: repeat young offenders are avoiding reoffending because they know courts

987
00:46:55,520 --> 00:46:58,000
Speaker 2: are rung a tamariki and police are working together more closely.

988
00:46:58,360 --> 00:46:59,480
Speaker 2: Is that anecdotal?

989
00:47:00,200 --> 00:47:00,719
Speaker 9: Is that real?

990
00:47:02,320 --> 00:47:05,400
Speaker 21: That's what I'm hearing out in the community. I'm hearing

991
00:47:05,480 --> 00:47:10,160
Speaker 21: that the consistent message from Autongitomiitiki police and other agencies

992
00:47:10,920 --> 00:47:14,239
Speaker 21: that the messages out there that young people know now

993
00:47:14,400 --> 00:47:17,840
Speaker 21: that they're not untouchable and that there will be consequences

994
00:47:17,960 --> 00:47:18,800
Speaker 21: of their offending.

995
00:47:19,239 --> 00:47:23,200
Speaker 2: Okay, Now, the variation and region so forty percent, Northland

996
00:47:23,280 --> 00:47:27,480
Speaker 2: thirty six, Tasman twenty eight, Wellington seventeen, Wykato. Can you

997
00:47:27,640 --> 00:47:30,400
Speaker 2: explain that? Is that a different approach from the police

998
00:47:30,440 --> 00:47:33,160
Speaker 2: in ot or there was more crime in some areas

999
00:47:33,200 --> 00:47:34,440
Speaker 2: than others, or what's gone on there.

1000
00:47:35,560 --> 00:47:39,799
Speaker 21: We've had focus in some areas where we knew there

1001
00:47:39,960 --> 00:47:42,480
Speaker 21: was a big problem, where communities were telling us this

1002
00:47:42,680 --> 00:47:46,839
Speaker 21: was a problem. So there were some regions where where

1003
00:47:47,040 --> 00:47:51,680
Speaker 21: tables were set up with cross agency approaches around the table.

1004
00:47:52,280 --> 00:47:54,360
Speaker 21: But what I would say is the fast track, the

1005
00:47:54,440 --> 00:47:57,719
Speaker 21: extension of the fast track that had been set up.

1006
00:47:57,800 --> 00:48:02,240
Speaker 21: I think over multiple community chees have really made a difference.

1007
00:48:02,840 --> 00:48:07,239
Speaker 21: In Hamilton wrote a rua christ Church Auckland, where where

1008
00:48:07,280 --> 00:48:10,920
Speaker 21: we have multiple agencies sitting around the table and making quicker,

1009
00:48:11,000 --> 00:48:12,840
Speaker 21: faster decisions about what we're going.

1010
00:48:12,719 --> 00:48:14,920
Speaker 2: To do good Is there more where this came from.

1011
00:48:15,840 --> 00:48:19,520
Speaker 21: Oh, absolutely, we're not going to stop. Whilst fourteen point

1012
00:48:19,600 --> 00:48:21,839
Speaker 21: six percent is a good number and we're a few

1013
00:48:21,960 --> 00:48:24,800
Speaker 21: years ahead of our target, it doesn't mean we stop.

1014
00:48:25,320 --> 00:48:28,040
Speaker 21: We keep going because communities have told us they felt

1015
00:48:28,160 --> 00:48:31,160
Speaker 21: unsafe and this is a problem that needed to be fixed,

1016
00:48:31,680 --> 00:48:34,360
Speaker 21: and I campaigned on making sure there were consequences for

1017
00:48:34,480 --> 00:48:37,040
Speaker 21: young people. But we also need to make sure that

1018
00:48:37,160 --> 00:48:40,040
Speaker 21: we've got good rehabilitation there so that we're not getting

1019
00:48:40,080 --> 00:48:41,640
Speaker 21: this repeat of ending good stuff.

1020
00:48:41,680 --> 00:48:44,600
Speaker 2: Karenppreciate it. Karen Shaw Children's Minister, one of the better ones.

1021
00:48:44,680 --> 00:48:47,759
Speaker 2: Nineteen minutes away from mate Mike. We just finished walking

1022
00:48:47,840 --> 00:48:50,040
Speaker 2: the last one hundred and fifteen k's of the Camino.

1023
00:48:50,440 --> 00:48:54,160
Speaker 2: Now in Portugal, thank you for listening, then off to Ireland.

1024
00:48:55,239 --> 00:48:57,719
Speaker 2: Love traveling, but love to get home. So Cadie's at

1025
00:48:57,719 --> 00:49:00,480
Speaker 2: the headdress of the other day. Her headdresser is one

1026
00:49:00,480 --> 00:49:03,320
Speaker 2: of those hairdressers that has clients that just permanently travel

1027
00:49:03,440 --> 00:49:05,879
Speaker 2: internationally and then come back here to get their hair done.

1028
00:49:06,440 --> 00:49:09,640
Speaker 2: They all said the same thing. Interesting, they travels hard,

1029
00:49:10,239 --> 00:49:14,839
Speaker 2: and travels harder, travels indisputably more expensive. Travel has more

1030
00:49:14,920 --> 00:49:18,360
Speaker 2: issues with it these days, a tremendous and this is anecdotal, obviously,

1031
00:49:18,640 --> 00:49:21,759
Speaker 2: but most of them, virtually all of them came home

1032
00:49:21,800 --> 00:49:25,799
Speaker 2: and got ill, and they're all said the same thing.

1033
00:49:26,040 --> 00:49:29,080
Speaker 2: Traveling's great, still love it, but it's great to be home,

1034
00:49:29,200 --> 00:49:30,400
Speaker 2: which I found to be encouraged.

1035
00:49:30,440 --> 00:49:32,240
Speaker 8: So can you not get your hair done overseas?

1036
00:49:32,680 --> 00:49:34,080
Speaker 2: Not in the way that they get it done with?

1037
00:49:34,520 --> 00:49:37,279
Speaker 2: Nicole Nichole's like one out of the box. Eighteen to two.

1038
00:49:38,800 --> 00:49:43,280
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, powered

1039
00:49:43,320 --> 00:49:44,319
Speaker 1: by the News Talks at be.

1040
00:49:46,400 --> 00:49:49,920
Speaker 2: Mike. I'm currently touring and heavy traffic on the Northwestern Motorway.

1041
00:49:50,000 --> 00:49:52,600
Speaker 2: Travel broadens the mind. It's very funny. Mike, just come

1042
00:49:52,640 --> 00:49:55,000
Speaker 2: back from Paris, got sick. Glad to be home. I

1043
00:49:55,080 --> 00:49:57,600
Speaker 2: need Nicole which salon. Thanks Nicki, Nicky, you can't have

1044
00:49:57,680 --> 00:49:59,840
Speaker 2: a books are full. She's another one. This is my

1045
00:50:00,000 --> 00:50:05,680
Speaker 2: ongoing theme at the moment with this economy radish this morning. Sorry.

1046
00:50:06,680 --> 00:50:10,359
Speaker 2: The theme is if you are good, you will do well.

1047
00:50:11,840 --> 00:50:14,239
Speaker 2: So it's as simple as that. And if you and

1048
00:50:14,440 --> 00:50:17,040
Speaker 2: Nicole is good. I've never been to Nicole. Just Cadie

1049
00:50:17,080 --> 00:50:18,960
Speaker 2: tells me she's good. But she she set up her

1050
00:50:18,960 --> 00:50:20,839
Speaker 2: own business. You can't get in for love nor money

1051
00:50:20,840 --> 00:50:23,400
Speaker 2: because she's you know, people will trap and they go

1052
00:50:23,480 --> 00:50:27,640
Speaker 2: for miles around. Now, Scott Bessont quickly, who's the Treasury

1053
00:50:27,680 --> 00:50:30,200
Speaker 2: secretary who appears to be in London. They sort of

1054
00:50:30,320 --> 00:50:32,160
Speaker 2: joined at the hip, those guys. They sort of just

1055
00:50:32,400 --> 00:50:35,239
Speaker 2: go round the world together. I wouldn't be surprised a

1056
00:50:35,280 --> 00:50:37,040
Speaker 2: bit coughs at Windsor Castle as well. At the moment

1057
00:50:37,160 --> 00:50:39,319
Speaker 2: Rubio certainly is he was in Israel, so he's gone

1058
00:50:39,360 --> 00:50:43,520
Speaker 2: from Israel to Windsor Castle anyway. Besson't eddie has been

1059
00:50:43,560 --> 00:50:48,040
Speaker 2: sprung this morning. In his mortgage documents. He agreed to

1060
00:50:48,280 --> 00:50:51,200
Speaker 2: call two houses principal residents. Now why is this a

1061
00:50:51,239 --> 00:50:54,000
Speaker 2: big deal? Well, when somebody else did a woman called

1062
00:50:54,080 --> 00:50:57,160
Speaker 2: Lisa who works at the FED. When she did it,

1063
00:50:57,239 --> 00:50:59,400
Speaker 2: Trump didn't like it so much. He went to SAKA.

1064
00:50:59,520 --> 00:51:03,279
Speaker 2: Now that particular action is in abeyance at the moment

1065
00:51:03,760 --> 00:51:05,719
Speaker 2: due to the fact the courts are involved, but if

1066
00:51:05,760 --> 00:51:07,880
Speaker 2: he can sack it for that wise and he sacking Vesson.

1067
00:51:08,600 --> 00:51:11,319
Speaker 2: This was back in two thousand and seven. A house

1068
00:51:11,360 --> 00:51:14,640
Speaker 2: in Bedford Hills, New York and Provincetown, Massachusetts, each would

1069
00:51:14,640 --> 00:51:17,759
Speaker 2: be his principal residence. So she can do it. So

1070
00:51:18,200 --> 00:51:19,880
Speaker 2: whether you all see anything come out of that, I

1071
00:51:19,960 --> 00:51:27,440
Speaker 2: don't know. Keisha Castle Hughes in comprehensible psychobabble and this

1072
00:51:27,600 --> 00:51:29,640
Speaker 2: is can I just I just want to dovetail two

1073
00:51:29,680 --> 00:51:31,279
Speaker 2: stories together. It's a very good piece of this morning

1074
00:51:31,320 --> 00:51:33,920
Speaker 2: floating about. I think it's in The Herald. Gavin Ellis,

1075
00:51:33,920 --> 00:51:36,000
Speaker 2: who used to be the editor of The Herald, works

1076
00:51:36,080 --> 00:51:40,000
Speaker 2: for Sir Peter Gluckman's think tank these days, and he's

1077
00:51:40,040 --> 00:51:42,320
Speaker 2: written a thing about the media. And I try and

1078
00:51:42,360 --> 00:51:44,680
Speaker 2: avoid talking about the media on this program because it

1079
00:51:44,719 --> 00:51:46,719
Speaker 2: sounds like I've got a vested interest and I don't.

1080
00:51:46,800 --> 00:51:50,480
Speaker 2: But his paper appears to be relatively comprehensive, and he

1081
00:51:50,600 --> 00:51:54,320
Speaker 2: talks about information deserts, and with the shrinking of the

1082
00:51:54,400 --> 00:51:56,400
Speaker 2: media in this country, there are parts of the country

1083
00:51:56,440 --> 00:51:59,040
Speaker 2: that essentially are no longer covered. You're seeing in another country,

1084
00:51:59,080 --> 00:52:03,000
Speaker 2: see in Australia, parts of America. Essentially whole chunks of

1085
00:52:03,040 --> 00:52:06,600
Speaker 2: the country aren't actually covered in news form locally, and

1086
00:52:06,719 --> 00:52:10,320
Speaker 2: that's an issue. But can I then dovetail in the

1087
00:52:10,360 --> 00:52:13,000
Speaker 2: fact that we do ourselves? And when I say we,

1088
00:52:13,160 --> 00:52:15,839
Speaker 2: I just very loosely associate myself with the media these

1089
00:52:15,920 --> 00:52:17,440
Speaker 2: days and try and keep as big a distance as

1090
00:52:17,480 --> 00:52:21,120
Speaker 2: I possibly can. But the Keisha Castle Hughes story yesterday

1091
00:52:21,360 --> 00:52:24,280
Speaker 2: was a very good example of that. The media indulges nonsense.

1092
00:52:24,760 --> 00:52:27,239
Speaker 2: And when the media indulges nonsense, everyone looks at the

1093
00:52:27,280 --> 00:52:30,600
Speaker 2: media and goes, well, that's why it's in the state.

1094
00:52:30,680 --> 00:52:33,200
Speaker 2: It's in so Kisha Castle here is So I finally

1095
00:52:33,200 --> 00:52:34,799
Speaker 2: get to the bottom of it yesterday and I'm watching

1096
00:52:34,840 --> 00:52:37,920
Speaker 2: TV three News who apparently interview I'm watching this interview

1097
00:52:37,920 --> 00:52:40,080
Speaker 2: and I thought, why are you interviewing it? They're interviewing it.

1098
00:52:40,600 --> 00:52:44,640
Speaker 2: It turns out she's claiming racism and her child and

1099
00:52:44,840 --> 00:52:47,600
Speaker 2: getting citizenship. Turns out she's in front of the white

1100
00:52:47,600 --> 00:52:50,360
Speaker 2: tangy Tribunal. First question, why are you in front of

1101
00:52:50,400 --> 00:52:53,920
Speaker 2: the White Tangy Tribunal. The White Tangy Tribunal has zero

1102
00:52:54,480 --> 00:52:58,239
Speaker 2: legal standing. What they say does not go. They just

1103
00:52:58,440 --> 00:53:00,799
Speaker 2: offer opinions. That's all they do. So why you would

1104
00:53:00,800 --> 00:53:02,680
Speaker 2: go in front of somebody who's going to do nothing

1105
00:53:02,719 --> 00:53:06,480
Speaker 2: more than offer an opinion, I don't know unless you've

1106
00:53:06,480 --> 00:53:08,359
Speaker 2: got a tremendous amount of spare of time. Turns out

1107
00:53:08,440 --> 00:53:12,759
Speaker 2: Keisha Castle Hughes had trouble with her daughter, who she

1108
00:53:12,880 --> 00:53:16,080
Speaker 2: wants citizenship for, and the trouble is that this daughter

1109
00:53:16,200 --> 00:53:18,080
Speaker 2: wasn't born in New Zealand. Now it's not her fault

1110
00:53:18,120 --> 00:53:19,760
Speaker 2: that she wasn't born in New Zealand. She was apparently

1111
00:53:19,800 --> 00:53:22,560
Speaker 2: locked down in New York, so that's unfortunate. But it

1112
00:53:22,680 --> 00:53:25,640
Speaker 2: also turns out he's the key to this. Keisha Castle

1113
00:53:25,920 --> 00:53:30,120
Speaker 2: wasn't born in New Zealand either, So mum wasn't born

1114
00:53:30,160 --> 00:53:32,920
Speaker 2: in New Zealand. Daughter wasn't born in New Zealand. But somehow,

1115
00:53:33,160 --> 00:53:35,000
Speaker 2: and this is where the race issue comes in. Somehow

1116
00:53:35,080 --> 00:53:39,239
Speaker 2: because where Maori, we can just change the rules. Now,

1117
00:53:39,280 --> 00:53:43,279
Speaker 2: the rules that she's railing against have been in place

1118
00:53:43,320 --> 00:53:45,000
Speaker 2: as far as I can work out forever. She is

1119
00:53:45,040 --> 00:53:48,040
Speaker 2: a citizen in Keisha Castle Hughes is a citizen by descent.

1120
00:53:48,880 --> 00:53:52,239
Speaker 2: Her mother's a New Zealand citizen, had her in Australia,

1121
00:53:53,080 --> 00:53:56,040
Speaker 2: so she becomes citizen by descent. When your citizen by descent,

1122
00:53:56,160 --> 00:53:58,920
Speaker 2: you can't then just go have a child overseas, as

1123
00:53:59,040 --> 00:54:01,760
Speaker 2: unfortunate as those circumstances may have been because of COVID,

1124
00:54:02,080 --> 00:54:03,960
Speaker 2: and then just rock up and go, well that child,

1125
00:54:04,040 --> 00:54:06,040
Speaker 2: there's a news. It doesn't work that way. It's never

1126
00:54:06,160 --> 00:54:08,800
Speaker 2: worked that way. And all we got out of that

1127
00:54:09,040 --> 00:54:11,719
Speaker 2: was I can assume we paid attention to it. All

1128
00:54:11,760 --> 00:54:13,919
Speaker 2: those who paid attention paid attention to it because she's

1129
00:54:14,080 --> 00:54:16,239
Speaker 2: Keisha Castle Hughes and was once in a movie and

1130
00:54:16,280 --> 00:54:19,400
Speaker 2: we all got excited about it. Now, the rules are

1131
00:54:19,480 --> 00:54:21,120
Speaker 2: the rules. If you want to change the rule, sure,

1132
00:54:21,200 --> 00:54:23,239
Speaker 2: lobby if you want. But by the time I got

1133
00:54:23,280 --> 00:54:25,560
Speaker 2: to the bottom of the issue, she just wanted to

1134
00:54:25,600 --> 00:54:27,439
Speaker 2: fuck a popper and Correy Rue and do a whole

1135
00:54:27,440 --> 00:54:29,240
Speaker 2: bunch of stuff in front of the White Tangi Tribunal.

1136
00:54:29,320 --> 00:54:32,960
Speaker 2: And we all sat there wasting our time. Nothing's changing.

1137
00:54:33,120 --> 00:54:36,120
Speaker 8: You really distance yourself from the media there, turn away

1138
00:54:36,160 --> 00:54:36,360
Speaker 8: from it.

1139
00:54:37,560 --> 00:54:40,520
Speaker 1: She's a make hosking breakfast with rainthrow ber and used

1140
00:54:40,560 --> 00:54:41,200
Speaker 1: Tog's dead Bees.

1141
00:54:41,239 --> 00:54:42,839
Speaker 2: Living away from a good day for the White Cato.

1142
00:54:42,880 --> 00:54:45,359
Speaker 2: As the previously announced jet service between Hamilton and christ

1143
00:54:45,440 --> 00:54:47,399
Speaker 2: Church takes off air and Z will run at five

1144
00:54:47,480 --> 00:54:50,080
Speaker 2: days a week, first domestic jet service for a quarter century.

1145
00:54:50,200 --> 00:54:52,520
Speaker 2: Don Good as the White Catter Chamber of Comma's bosses

1146
00:54:52,520 --> 00:54:53,160
Speaker 2: with us morning.

1147
00:54:53,400 --> 00:54:54,160
Speaker 13: How are you this morning?

1148
00:54:54,239 --> 00:54:54,399
Speaker 4: Mike?

1149
00:54:54,680 --> 00:54:57,040
Speaker 2: Very well? Indeed, does it feel like this is going

1150
00:54:57,120 --> 00:54:59,400
Speaker 2: to be impactful or a game changer?

1151
00:55:01,400 --> 00:55:03,960
Speaker 13: It certainly is going to increase the capacity on that

1152
00:55:04,680 --> 00:55:07,839
Speaker 13: that air that's for sure, and it will certainly bring

1153
00:55:08,000 --> 00:55:10,640
Speaker 13: christ Edge and a lot closer to the White Ghatto,

1154
00:55:10,680 --> 00:55:11,279
Speaker 13: which is great.

1155
00:55:11,520 --> 00:55:13,879
Speaker 2: Do you think if they build that people will come.

1156
00:55:14,040 --> 00:55:16,200
Speaker 2: Is this about just you know, different planes or is

1157
00:55:16,200 --> 00:55:17,600
Speaker 2: it about actually growing a market?

1158
00:55:19,400 --> 00:55:22,480
Speaker 13: I think they've had excess demand on those routes already

1159
00:55:22,880 --> 00:55:25,640
Speaker 13: and that's why they're putting the aircraft on. They wouldn't

1160
00:55:25,640 --> 00:55:26,320
Speaker 13: do it otherwise.

1161
00:55:26,880 --> 00:55:29,800
Speaker 2: Is there a convenience factor as the schedule changes that

1162
00:55:29,960 --> 00:55:31,839
Speaker 2: you know, easier for people to get from one place

1163
00:55:31,880 --> 00:55:32,280
Speaker 2: to another.

1164
00:55:34,200 --> 00:55:38,320
Speaker 13: Certainly easier to get to christ Jitch by air from

1165
00:55:38,360 --> 00:55:39,560
Speaker 13: the White Ghatto, that's for sure.

1166
00:55:39,840 --> 00:55:42,600
Speaker 2: What about Jetstar they're doing some international stuff as well.

1167
00:55:42,760 --> 00:55:45,040
Speaker 2: Is it one of those things where they're going to battle,

1168
00:55:45,560 --> 00:55:47,320
Speaker 2: someone's going to pay the price and you're going to

1169
00:55:47,400 --> 00:55:50,520
Speaker 2: be back to square one where you think this is sustainable?

1170
00:55:52,480 --> 00:55:53,399
Speaker 9: A couple of things.

1171
00:55:53,480 --> 00:55:56,320
Speaker 13: One, I think certainly there's this competition, which is a

1172
00:55:56,360 --> 00:56:00,319
Speaker 13: wonderful thing. But I do think they wouldn't have made

1173
00:56:00,360 --> 00:56:02,400
Speaker 13: the decision to put an A through twenty on that

1174
00:56:02,560 --> 00:56:05,560
Speaker 13: route if there wasn't the demand. So I suspect that

1175
00:56:06,200 --> 00:56:09,799
Speaker 13: they've both seen the opportunity and believe that it will grow.

1176
00:56:10,040 --> 00:56:11,839
Speaker 2: And do you think it's a two way demand? People

1177
00:56:11,880 --> 00:56:16,319
Speaker 2: will come to your place and spend I believe so I.

1178
00:56:16,360 --> 00:56:20,400
Speaker 13: Think that's already happening. The two economies of Canterbury and

1179
00:56:20,760 --> 00:56:25,279
Speaker 13: the White Kado have a lot in common and complimentary,

1180
00:56:25,680 --> 00:56:27,719
Speaker 13: so I do see that this will grow and grow.

1181
00:56:27,800 --> 00:56:30,359
Speaker 2: Good stuff, Don fly well, today's on the inaugural flight.

1182
00:56:30,800 --> 00:56:33,440
Speaker 2: Don good the one Kato Chamber of Commerce CEO five

1183
00:56:33,480 --> 00:56:37,040
Speaker 2: minutes away from eight become a born New zealandor Kiwi.

1184
00:56:37,160 --> 00:56:38,920
Speaker 2: My daughter was born while we're in the UK. We've

1185
00:56:38,960 --> 00:56:40,880
Speaker 2: always known and pressed on her that if she has

1186
00:56:40,920 --> 00:56:43,239
Speaker 2: a child overseas, it won't have New Zealand cederships. That

1187
00:56:43,360 --> 00:56:45,400
Speaker 2: them are the rules. Might we had two children overseas.

1188
00:56:45,400 --> 00:56:47,520
Speaker 2: Everyone knows that if you're a Kiwi by descent they

1189
00:56:47,560 --> 00:56:50,120
Speaker 2: cannot have. Of course they do. That's my point. My

1190
00:56:50,280 --> 00:56:52,440
Speaker 2: point is there was nothing new on that, but apart

1191
00:56:52,480 --> 00:56:54,520
Speaker 2: from the fact that a semi well known person went

1192
00:56:56,360 --> 00:56:59,360
Speaker 2: and the media like moths to a flame off they

1193
00:56:59,440 --> 00:57:02,960
Speaker 2: went Virgin. Speaking of flying Virgin Australia. I like this,

1194
00:57:03,120 --> 00:57:07,400
Speaker 2: but I own a Maltese and my Maltese cost US

1195
00:57:07,400 --> 00:57:11,360
Speaker 2: three hundred dollars yesterday because the Maldese the day before

1196
00:57:12,239 --> 00:57:15,279
Speaker 2: was chasing Katie. Maltese, in case you don't know, form

1197
00:57:15,440 --> 00:57:17,880
Speaker 2: a bond with a person within the house, and that

1198
00:57:18,000 --> 00:57:22,440
Speaker 2: particular person is Katie, despite the fact the dog was

1199
00:57:22,520 --> 00:57:24,720
Speaker 2: the daughter's. So the dog looked at the daughter and

1200
00:57:24,760 --> 00:57:27,040
Speaker 2: looked at Katie and went, nah, hang with Katie. So anyway,

1201
00:57:27,080 --> 00:57:29,360
Speaker 2: so the dog hangs with Katie. Problem is, part of

1202
00:57:29,400 --> 00:57:32,160
Speaker 2: our house has wooden floors, and the dog sort of

1203
00:57:32,200 --> 00:57:35,160
Speaker 2: sits there and suddenly realizes Katie isn't in the immediate vicinity,

1204
00:57:35,200 --> 00:57:37,840
Speaker 2: in panics and starts running around the house. What happened

1205
00:57:37,880 --> 00:57:40,280
Speaker 2: two days ago. Was the dog came sliding around the corner,

1206
00:57:40,360 --> 00:57:43,200
Speaker 2: you know how dog lose the rear end came slightly

1207
00:57:43,240 --> 00:57:45,560
Speaker 2: around the corner and here just so it went around

1208
00:57:45,560 --> 00:57:49,320
Speaker 2: the corner room like that, and so something happened to

1209
00:57:49,400 --> 00:57:54,960
Speaker 2: the dog, probably an injury. So then Maltese, of you

1210
00:57:55,000 --> 00:57:57,160
Speaker 2: know Maltese as they just then pack a stand sad

1211
00:57:57,240 --> 00:58:00,720
Speaker 2: and start shaking and they're pathetic. And so then we

1212
00:58:00,800 --> 00:58:02,640
Speaker 2: thought is it going to come right? Is it not

1213
00:58:02,680 --> 00:58:04,440
Speaker 2: going to come right? So it sort of came right.

1214
00:58:04,560 --> 00:58:05,920
Speaker 2: Then he thought, oh well we'll cancel the bit. So

1215
00:58:05,960 --> 00:58:07,320
Speaker 2: we had an eva. So we canceled a bit.

1216
00:58:07,800 --> 00:58:09,400
Speaker 8: Then you net up a bet. You went on the

1217
00:58:09,440 --> 00:58:11,000
Speaker 8: way out in the back to get the shotgun.

1218
00:58:11,440 --> 00:58:11,480
Speaker 22: Mo.

1219
00:58:12,480 --> 00:58:14,800
Speaker 2: So then we the next day, dog was shaking again.

1220
00:58:14,960 --> 00:58:16,400
Speaker 2: We go down to the bed. By the time we

1221
00:58:16,480 --> 00:58:18,919
Speaker 2: get to the dogs fine. Three hundred dollars later after

1222
00:58:18,960 --> 00:58:22,680
Speaker 2: a big examination, dog's fine, happy ass. That's malteseus for you.

1223
00:58:23,120 --> 00:58:25,040
Speaker 2: Lessen than that is, never buy a Maltese. We love

1224
00:58:25,080 --> 00:58:28,160
Speaker 2: the Maltese. Anyway, I've told you about Maltesa. Unfortunately, what

1225
00:58:28,200 --> 00:58:29,960
Speaker 2: I was going to tell you about is Virgin Australia

1226
00:58:30,000 --> 00:58:31,800
Speaker 2: and flying with animals. And I think because I own

1227
00:58:31,840 --> 00:58:33,960
Speaker 2: a Malteseer, that's the sort of dog you can fly with.

1228
00:58:34,680 --> 00:58:37,960
Speaker 2: But Virgin Australia is starting the ability for you to

1229
00:58:38,120 --> 00:58:41,560
Speaker 2: take your dog or your cat on the plane. And

1230
00:58:41,600 --> 00:58:43,760
Speaker 2: I'll tell you how to book it, because if you're

1231
00:58:43,760 --> 00:58:45,920
Speaker 2: going on holidays, you'll be regretful you didn't book with

1232
00:58:46,040 --> 00:58:49,800
Speaker 2: Virgin to go flying around the world. Jacob Douglas, great story.

1233
00:58:50,520 --> 00:58:52,640
Speaker 2: I'll introduce you to him in just a couple of

1234
00:58:52,720 --> 00:58:54,400
Speaker 2: moments after the news, which is next.

1235
00:58:54,200 --> 00:58:59,200
Speaker 1: Setting the agenda and talking the big issues. The mic

1236
00:58:59,280 --> 00:59:03,720
Speaker 1: conting break best with Alveda, Retirement, Communities, Life your Way,

1237
00:59:03,920 --> 00:59:04,720
Speaker 1: New togs hed b.

1238
00:59:04,880 --> 00:59:07,400
Speaker 2: You just had the American national anthem in the halls

1239
00:59:07,400 --> 00:59:09,840
Speaker 2: of Windsor Castle and the King has been speaking.

1240
00:59:10,040 --> 00:59:15,800
Speaker 23: Our countries are working together in support of crucial diplomatic efforts,

1241
00:59:16,480 --> 00:59:21,000
Speaker 23: not least which was the President is your own personal

1242
00:59:21,080 --> 00:59:25,439
Speaker 23: commitment to finding solutions to some of the world's most

1243
00:59:25,520 --> 00:59:29,120
Speaker 23: intractable conflicts in order to secure peace.

1244
00:59:32,720 --> 00:59:34,919
Speaker 2: Trump has a reply, will give you a bit of better.

1245
00:59:34,960 --> 00:59:36,000
Speaker 11: It's driven later on.

1246
00:59:36,040 --> 00:59:38,720
Speaker 2: In the program meantime at seven past eight. Another name

1247
00:59:38,800 --> 00:59:40,560
Speaker 2: to add to our collection of the young New Zealand

1248
00:59:40,560 --> 00:59:42,920
Speaker 2: motor races going place, and Jacob Douglas competes in the

1249
00:59:43,080 --> 00:59:46,640
Speaker 2: USF Pro two thousand circuit in America. Basically it's the

1250
00:59:46,720 --> 00:59:49,720
Speaker 2: road to Windy. His seasons just rapily finished fifth over

1251
00:59:49,840 --> 00:59:51,520
Speaker 2: or he had a win and eight podiums and Jacob

1252
00:59:51,560 --> 00:59:54,840
Speaker 2: Douglas as well as Jacob morning to you, good morning Mike,

1253
00:59:55,560 --> 00:59:57,600
Speaker 2: very well and did good to meet you. Sixteen years old.

1254
00:59:57,680 --> 01:00:00,280
Speaker 2: You were when you left for Indy as a move

1255
01:00:00,400 --> 01:00:02,480
Speaker 2: as a thing. How big a deal was that?

1256
01:00:04,560 --> 01:00:06,960
Speaker 10: Yeah, yeah, no, it was a pretty big deal. In

1257
01:00:07,040 --> 01:00:10,960
Speaker 10: the moment, it was really really cool, and I was

1258
01:00:11,040 --> 01:00:13,800
Speaker 10: kind of just, you know, another key we going off

1259
01:00:13,840 --> 01:00:18,160
Speaker 10: overuseas to chase my goals in sports. But now that

1260
01:00:18,160 --> 01:00:21,160
Speaker 10: I look back at it, I feel, you know, I

1261
01:00:21,280 --> 01:00:24,680
Speaker 10: see how crazy it really was moving away to America

1262
01:00:24,680 --> 01:00:27,080
Speaker 10: at sixteen on my own. But it was a great experience,

1263
01:00:27,200 --> 01:00:29,600
Speaker 10: and yeah, I loved every minute of it.

1264
01:00:29,920 --> 01:00:34,640
Speaker 2: Is each year getting better and easier with experience, Yes, definitely.

1265
01:00:34,720 --> 01:00:38,280
Speaker 10: Yeah, I meet more people over there, get to grips

1266
01:00:38,320 --> 01:00:40,680
Speaker 10: with everything, and then of course as I'm getting older

1267
01:00:41,160 --> 01:00:43,320
Speaker 10: there's more things I can do. It makes it easier.

1268
01:00:44,040 --> 01:00:46,920
Speaker 10: This year, for example, I could rent a car, which

1269
01:00:47,040 --> 01:00:50,320
Speaker 10: was the first time, whereas other years have hit uber so,

1270
01:00:50,880 --> 01:00:52,080
Speaker 10: so that made it a lot easier.

1271
01:00:52,560 --> 01:00:55,520
Speaker 2: Just talk to it for non motor racing followers. The

1272
01:00:55,720 --> 01:00:58,200
Speaker 2: USF Pro two thousand. What sort of cow are we

1273
01:00:58,320 --> 01:01:00,680
Speaker 2: talking about it? It looks to me like a single seat,

1274
01:01:00,720 --> 01:01:02,720
Speaker 2: like an F two single seater. But you explain it

1275
01:01:03,000 --> 01:01:04,800
Speaker 2: and how far off the big dance are you?

1276
01:01:06,240 --> 01:01:08,240
Speaker 10: Yeah, so it's a single seater. It just looks like

1277
01:01:08,360 --> 01:01:13,840
Speaker 10: a junior if one car, if you like. We're probably

1278
01:01:14,000 --> 01:01:17,680
Speaker 10: about about little of a ten seconds off off IndyCar

1279
01:01:19,400 --> 01:01:22,400
Speaker 10: and we yeah, we have kind of all the bells

1280
01:01:22,440 --> 01:01:25,160
Speaker 10: and whistles. I guess they go pretty quick. We get

1281
01:01:25,200 --> 01:01:27,680
Speaker 10: up to around two hundred and sixty kilometers at the

1282
01:01:27,800 --> 01:01:31,480
Speaker 10: end of the straightaways, and yeah, we go pretty quick.

1283
01:01:31,960 --> 01:01:35,680
Speaker 2: The is it directly connected to the Indie circuit? I mean,

1284
01:01:35,720 --> 01:01:38,000
Speaker 2: are you on the circuits and the ovals and the straits?

1285
01:01:39,440 --> 01:01:39,640
Speaker 18: Yeah?

1286
01:01:39,760 --> 01:01:43,080
Speaker 10: So we we have six out of our eight rounds

1287
01:01:43,160 --> 01:01:45,640
Speaker 10: are with IndyCar, like on the same weekends, on the

1288
01:01:45,680 --> 01:01:49,960
Speaker 10: same tracks we we race on ims. So on the

1289
01:01:50,200 --> 01:01:53,080
Speaker 10: Indianapolis Motor Speedway, we don't go on the oval there,

1290
01:01:53,160 --> 01:01:55,240
Speaker 10: just on the road pust but all of our tracks

1291
01:01:55,280 --> 01:01:57,680
Speaker 10: that we drive at all indicar circuits and.

1292
01:01:57,760 --> 01:02:00,360
Speaker 2: Yet your story so you I'm as Sue mean, like

1293
01:02:00,440 --> 01:02:03,160
Speaker 2: everybody else in this country in a motorsport generally started

1294
01:02:03,200 --> 01:02:03,840
Speaker 2: in a cat.

1295
01:02:04,960 --> 01:02:07,280
Speaker 10: Yep, that's right. Yeah, I started out in in a

1296
01:02:07,360 --> 01:02:10,360
Speaker 10: go cart at Cars Road and Horsal christ Church.

1297
01:02:12,040 --> 01:02:15,320
Speaker 2: How was it immediate? How did that? Is there a

1298
01:02:15,400 --> 01:02:18,560
Speaker 2: family connection to karting or you just thought you'd like karting?

1299
01:02:18,800 --> 01:02:20,320
Speaker 2: And when did the magic kick in?

1300
01:02:21,800 --> 01:02:25,840
Speaker 10: Yeah? So my dad was always into all things kind

1301
01:02:25,880 --> 01:02:28,960
Speaker 10: of motorsport. He did a little bit of racing himself

1302
01:02:29,000 --> 01:02:32,160
Speaker 10: back in the day, but definitely there was nothing right

1303
01:02:32,200 --> 01:02:36,400
Speaker 10: home about And yeah, so I started out on a

1304
01:02:36,440 --> 01:02:38,920
Speaker 10: motorbike and then we went out to the go kart

1305
01:02:38,960 --> 01:02:41,160
Speaker 10: track one day to have a look and someone offered

1306
01:02:41,160 --> 01:02:42,680
Speaker 10: me a go and it kind of all went from there.

1307
01:02:42,960 --> 01:02:45,280
Speaker 2: Fantastic and it felt natural right from the start.

1308
01:02:47,080 --> 01:02:49,840
Speaker 10: I was actually pretty pretty average to start with, so

1309
01:02:50,800 --> 01:02:53,400
Speaker 10: there was a lot of improvement, but I got there eventually,

1310
01:02:53,520 --> 01:02:55,760
Speaker 10: so I wouldn't say I was a natural from the

1311
01:02:55,800 --> 01:02:56,080
Speaker 10: get go.

1312
01:02:56,400 --> 01:02:58,960
Speaker 2: Did you have mentors or people who advised you? I mean,

1313
01:02:59,000 --> 01:02:59,840
Speaker 2: how did you get good?

1314
01:03:01,600 --> 01:03:04,360
Speaker 10: Yeah? I had I had some mentors I had and

1315
01:03:04,440 --> 01:03:09,040
Speaker 10: go karting, Matt Hamilton and Tiffany Chittenden, who helps me

1316
01:03:09,120 --> 01:03:12,720
Speaker 10: out a lot. They helped the likes of Marcus Armstrong

1317
01:03:12,760 --> 01:03:15,640
Speaker 10: who's an Indy Carr at the moment. Yeah, they are

1318
01:03:15,680 --> 01:03:17,840
Speaker 10: great people and help me a lot along the way

1319
01:03:17,920 --> 01:03:19,120
Speaker 10: and still do at the moment.

1320
01:03:19,280 --> 01:03:22,160
Speaker 2: Tiffany, Tiffany is amazing. Isn't she huge? I mean, Lord

1321
01:03:22,240 --> 01:03:23,960
Speaker 2: knows how many people she's helped over the years. So

1322
01:03:24,040 --> 01:03:24,960
Speaker 2: from karting to what.

1323
01:03:26,840 --> 01:03:30,680
Speaker 10: Cutting and then into Formula Ford locally around New Zealand?

1324
01:03:31,840 --> 01:03:33,720
Speaker 2: Is that worth it? Somebody offered me a drive and

1325
01:03:33,720 --> 01:03:35,880
Speaker 2: a Formula Forward the other day. I've never been in one.

1326
01:03:36,080 --> 01:03:36,280
Speaker 16: Is it?

1327
01:03:36,360 --> 01:03:37,840
Speaker 2: Would that be the thrill of my life?

1328
01:03:39,120 --> 01:03:40,640
Speaker 10: I reckon you should do it. I think it would

1329
01:03:40,640 --> 01:03:43,760
Speaker 10: be pretty cool that the old cars, but but they're

1330
01:03:43,800 --> 01:03:47,560
Speaker 10: good fun. It's got a four speed HVATN and gearbox

1331
01:03:47,640 --> 01:03:50,120
Speaker 10: and they're pretty tricky to drive. But yeah, I reckon

1332
01:03:50,120 --> 01:03:50,560
Speaker 10: you should do it.

1333
01:03:50,680 --> 01:03:53,400
Speaker 2: They look they look tricky from Formula Forward.

1334
01:03:53,240 --> 01:03:57,040
Speaker 10: To what and then into Formula for in America.

1335
01:03:57,480 --> 01:03:59,400
Speaker 2: Wow, so you skipped the eighty sixers and all that

1336
01:03:59,480 --> 01:03:59,960
Speaker 2: sort of stuff.

1337
01:04:01,200 --> 01:04:02,840
Speaker 10: Yeah, I did it. I was I was kind of

1338
01:04:02,880 --> 01:04:05,280
Speaker 10: in a tricky tricky time period because it was right

1339
01:04:05,320 --> 01:04:06,680
Speaker 10: in the middle of COVID, so a lot of the

1340
01:04:06,800 --> 01:04:09,360
Speaker 10: things in New Zealand got shut down, so I kind

1341
01:04:09,400 --> 01:04:11,680
Speaker 10: of had to make them move over quite early.

1342
01:04:12,000 --> 01:04:13,600
Speaker 2: Okay, listen, I want to talk about the money and

1343
01:04:13,640 --> 01:04:15,160
Speaker 2: how well that's gone as well in just a couple

1344
01:04:15,200 --> 01:04:18,720
Speaker 2: of moments. Twelve minutes past eight, Jacob Douglas more shortly the.

1345
01:04:18,880 --> 01:04:23,840
Speaker 1: Mic Asking Breakfast Full Show podcast on iHeartRadio powered by News.

1346
01:04:23,720 --> 01:04:28,040
Speaker 2: TALKSP Talks at Me. Sixteen past eight Jacob Douglas is

1347
01:04:28,080 --> 01:04:31,360
Speaker 2: we as part of the USF Pro two thousand circuit. Jacob,

1348
01:04:31,400 --> 01:04:34,880
Speaker 2: the team you're in pepst am I pronouncing that it's

1349
01:04:34,920 --> 01:04:36,920
Speaker 2: a famous racing name. Are they good people?

1350
01:04:38,080 --> 01:04:41,360
Speaker 10: Yeah, they're great people. They do a lot for their

1351
01:04:41,440 --> 01:04:46,040
Speaker 10: drivers and for the sport and helping out Yeah, people

1352
01:04:46,040 --> 01:04:46,720
Speaker 10: as much as they can.

1353
01:04:47,480 --> 01:04:49,840
Speaker 2: The school thing, when you left to go to Indy

1354
01:04:49,880 --> 01:04:51,760
Speaker 2: at sixteen, where were you at school? How did you

1355
01:04:51,800 --> 01:04:53,880
Speaker 2: handle that with your parents? Did you have qualifications?

1356
01:04:53,920 --> 01:04:54,240
Speaker 10: All that that?

1357
01:04:54,520 --> 01:04:56,520
Speaker 2: I mean, what was thinking? What was the thinking?

1358
01:04:57,760 --> 01:05:00,400
Speaker 10: Yes, I was at Chriss College and I within year

1359
01:05:00,400 --> 01:05:05,840
Speaker 10: eleven and I yeah, left school and I kind of

1360
01:05:05,880 --> 01:05:08,960
Speaker 10: had a year off school and then I enrolled in

1361
01:05:09,080 --> 01:05:12,760
Speaker 10: online school, which was a tricky I was kind of

1362
01:05:12,880 --> 01:05:15,800
Speaker 10: just doing it on my own over there with no

1363
01:05:15,920 --> 01:05:18,440
Speaker 10: one kind of forcing me to do it, so it

1364
01:05:19,280 --> 01:05:20,360
Speaker 10: took a while to get it done.

1365
01:05:20,480 --> 01:05:22,600
Speaker 2: So you got twelve year, twelve and thirteen, so you

1366
01:05:22,720 --> 01:05:25,160
Speaker 2: got in CEA or university, the entrance or whatever it

1367
01:05:25,320 --> 01:05:25,960
Speaker 2: was you were chasing.

1368
01:05:26,760 --> 01:05:27,520
Speaker 10: Ah, yeah, that's right.

1369
01:05:27,600 --> 01:05:30,200
Speaker 2: Yeah, okay, So what's now that you're at this USF

1370
01:05:30,280 --> 01:05:33,440
Speaker 2: Pro two thousand, what's the plan for the next season?

1371
01:05:34,920 --> 01:05:37,160
Speaker 10: Yeah, so next year I'm heading back to do another

1372
01:05:37,240 --> 01:05:40,400
Speaker 10: year of USF Pro with a goal to win the

1373
01:05:40,480 --> 01:05:45,200
Speaker 10: championship and the scholarship into Indie Next, which is one

1374
01:05:45,320 --> 01:05:48,360
Speaker 10: level below IndyCar. So then all goes well, we'll win

1375
01:05:48,400 --> 01:05:52,840
Speaker 10: that scholarship, move into Indie next, and hopefully then into IndyCar.

1376
01:05:53,040 --> 01:05:55,800
Speaker 2: So Indi next is Callum Hedge Liam Skeets there currently

1377
01:05:56,640 --> 01:05:58,840
Speaker 2: in that side. But where's the money fit into it?

1378
01:05:58,960 --> 01:06:01,160
Speaker 2: How hard is money and how hard is the hustle?

1379
01:06:03,000 --> 01:06:07,720
Speaker 10: Yeah, I mean it's a problem every driver faces unfortunately,

1380
01:06:07,880 --> 01:06:10,560
Speaker 10: the funding side of it. Yeah, I got to work

1381
01:06:10,640 --> 01:06:14,480
Speaker 10: hard to find sponsors and stuff. We have a unique

1382
01:06:14,880 --> 01:06:20,240
Speaker 10: way of trying to fund my motorsport career. So we

1383
01:06:20,320 --> 01:06:22,720
Speaker 10: have a company called JAD and Properties, and JAD and

1384
01:06:22,760 --> 01:06:26,600
Speaker 10: Properties is our funding pathway from my career. So my

1385
01:06:26,720 --> 01:06:30,080
Speaker 10: parents come from a background and property. Yeah, so it's

1386
01:06:30,120 --> 01:06:31,280
Speaker 10: a way for us to be able to offer a

1387
01:06:31,320 --> 01:06:33,840
Speaker 10: return on the money invested into JA and Properties, with

1388
01:06:33,920 --> 01:06:38,320
Speaker 10: the remaining profit going toward my motorsport career and helping

1389
01:06:38,400 --> 01:06:42,720
Speaker 10: on the road to IndyCar And is that working? Yeah,

1390
01:06:42,800 --> 01:06:45,320
Speaker 10: it is working, and it's a way we can we

1391
01:06:45,360 --> 01:06:47,160
Speaker 10: don't have to ask for something for nothing, which is

1392
01:06:47,320 --> 01:06:49,800
Speaker 10: a lot of what sponsorship is unfortunately. So we can

1393
01:06:50,160 --> 01:06:53,560
Speaker 10: offer a return on the money with the investor making

1394
01:06:53,640 --> 01:06:54,280
Speaker 10: someone on top of that.

1395
01:06:54,640 --> 01:06:57,800
Speaker 2: So, like all of you guys, your parents are there

1396
01:06:57,840 --> 01:07:00,400
Speaker 2: and they're fully supportive and they're along for the ride.

1397
01:07:01,240 --> 01:07:04,160
Speaker 10: Yeah, my parents are amazing. They've always been supportive of

1398
01:07:04,280 --> 01:07:07,280
Speaker 10: me since they won, both my mum and my dad. Yeah,

1399
01:07:07,280 --> 01:07:09,600
Speaker 10: they work really hard to give me the opportunity. So

1400
01:07:09,840 --> 01:07:10,880
Speaker 10: I'm really grateful for that.

1401
01:07:11,120 --> 01:07:13,640
Speaker 2: How close to Dixon McLoughlin those guys, I mean, do

1402
01:07:13,680 --> 01:07:15,480
Speaker 2: you do you share the paddick? I mean are you

1403
01:07:15,600 --> 01:07:17,040
Speaker 2: in there or is there you know, is there any

1404
01:07:17,080 --> 01:07:18,120
Speaker 2: sort of contact there or not?

1405
01:07:19,360 --> 01:07:22,440
Speaker 10: Yeah, definitely they're really great guys. All three of the

1406
01:07:22,520 --> 01:07:25,400
Speaker 10: keywis over this are both Scott's and Marcus. I go

1407
01:07:25,480 --> 01:07:27,800
Speaker 10: to the same gym as Scott Dixon actually, so I

1408
01:07:27,920 --> 01:07:31,640
Speaker 10: see him every now and then and occasionally occasionally get

1409
01:07:31,640 --> 01:07:33,760
Speaker 10: a workout and together, which is really cool. And then

1410
01:07:34,160 --> 01:07:37,880
Speaker 10: Scott McLaughlin is a great guy. He offers a lot

1411
01:07:37,920 --> 01:07:40,720
Speaker 10: of guidance, a lot of advice, is always there to

1412
01:07:40,880 --> 01:07:44,400
Speaker 10: Linda Linda Eyre whenever, whenever I need, so it's always

1413
01:07:44,440 --> 01:07:46,640
Speaker 10: cool when I catch up with him as much as

1414
01:07:46,640 --> 01:07:47,960
Speaker 10: they can on the race weekends.

1415
01:07:48,280 --> 01:07:50,400
Speaker 2: No one seems to be a prick and motorsport do

1416
01:07:50,520 --> 01:07:51,800
Speaker 2: they No?

1417
01:07:52,160 --> 01:07:55,280
Speaker 10: No, Yeah, everyone's great people and they're all there to help,

1418
01:07:55,320 --> 01:07:56,160
Speaker 10: which is really cool.

1419
01:07:56,320 --> 01:07:58,200
Speaker 2: Well, good on you. And so between now and the

1420
01:07:58,320 --> 01:08:00,240
Speaker 2: next season, what do you do? You just hang in

1421
01:08:00,240 --> 01:08:01,440
Speaker 2: New Zealand? Do you drive a lot?

1422
01:08:02,600 --> 01:08:04,280
Speaker 10: I drive as much as they can, So we'll be

1423
01:08:04,360 --> 01:08:08,560
Speaker 10: out in a go cart at Cars Road hopefully twice

1424
01:08:08,600 --> 01:08:11,280
Speaker 10: a week. And then I own a one of the

1425
01:08:11,360 --> 01:08:14,400
Speaker 10: old model Tier risk cars, so I'll drive that out

1426
01:08:14,400 --> 01:08:17,320
Speaker 10: at Royal Puner. So yeah, trying to stay sharp.

1427
01:08:17,560 --> 01:08:19,800
Speaker 2: Fantastic go well mate, and I wish you all the

1428
01:08:19,920 --> 01:08:21,880
Speaker 2: very best and we'll stay in touch. Jacob Douglas, who

1429
01:08:21,960 --> 01:08:25,439
Speaker 2: was part of the USF Pro two thousand and yet

1430
01:08:25,640 --> 01:08:29,280
Speaker 2: another qwe flying the flag internationally and we wish them

1431
01:08:29,360 --> 01:08:31,559
Speaker 2: all the very best. Twenty past eight.

1432
01:08:32,000 --> 01:08:36,280
Speaker 1: The Mate Hosking Breakfast with Bailey's real estate news dog Zib.

1433
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Speaker 2: a couple of things. So firstly, having the energy to

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Speaker 2: do the things you love during the day and being

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Speaker 2: able to rest properly at night. It's as simple as that.

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Speaker 2: And this is where the healthy aging and the deep

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Speaker 2: your body unwind, relax your muscles, supports a deep, restorative sleep,

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Speaker 2: so you get energy independence during the day on the

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Speaker 2: quality rest you need at night. Ellie, what does Ellie say?

1447
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Speaker 2: I can't say I've ever taken supplements and noticed much difference,

1448
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Speaker 2: but this time, I have well worth the investment. So

1449
01:09:18,120 --> 01:09:20,280
Speaker 2: read the label take only as director, but give About

1450
01:09:20,320 --> 01:09:22,519
Speaker 2: Health the call. They're on eight hundred triple nine three

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Speaker 2: oh nine eight hundred triple nine three o nine online

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1453
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1454
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1455
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Speaker 2: to use the code breakfast. So it's the healthy aging

1456
01:09:35,920 --> 01:09:39,160
Speaker 2: and Deep Sleep pack helping you stay well and stay

1457
01:09:39,200 --> 01:09:42,960
Speaker 2: you From About Health asking Mike, I hope you well.

1458
01:09:43,000 --> 01:09:45,040
Speaker 2: My name is Jacob Douglas. He goes on. I want

1459
01:09:45,080 --> 01:09:47,200
Speaker 2: to introduce myself. If there's an opportunity, I'd love to

1460
01:09:47,240 --> 01:09:48,640
Speaker 2: do an interview to tell you a bit about my

1461
01:09:48,720 --> 01:09:50,880
Speaker 2: story and my plans going forward. Thanks for your time.

1462
01:09:50,960 --> 01:09:52,840
Speaker 2: I look forward to hearing from you. I wrote back

1463
01:09:53,080 --> 01:09:54,519
Speaker 2: in the early hours of the morning. And that's how

1464
01:09:54,600 --> 01:09:58,400
Speaker 2: these things work. A great interview about motorsport, Mike. Another

1465
01:09:58,439 --> 01:10:01,960
Speaker 2: great interview. A great interview Jacob Douglas. Well, I'm amazed

1466
01:10:01,960 --> 01:10:05,240
Speaker 2: at how well New Zealand produces so many competent and articulate,

1467
01:10:05,320 --> 01:10:08,719
Speaker 2: world class motorsport competitors. Another one to watch and support.

1468
01:10:09,120 --> 01:10:11,720
Speaker 2: Thank you, Phil. Another young key who's doing well on

1469
01:10:11,760 --> 01:10:15,599
Speaker 2: the world stage of motorsport. Another amazing and articulate young

1470
01:10:15,680 --> 01:10:19,320
Speaker 2: motor racer. We should bottle these guys. Phenomenal Mike listening

1471
01:10:19,360 --> 01:10:21,160
Speaker 2: to another fine young man. Why don't they do a

1472
01:10:21,200 --> 01:10:26,040
Speaker 2: study on useless appearance versus good parents? It's not bad.

1473
01:10:26,640 --> 01:10:28,240
Speaker 2: What did Trump have to say about the King?

1474
01:10:28,680 --> 01:10:30,760
Speaker 22: Well tell you that I just stood in line and

1475
01:10:30,800 --> 01:10:34,880
Speaker 22: shook about one hundred and fifty hands, and the King

1476
01:10:34,960 --> 01:10:38,040
Speaker 22: knew every single person and every single company, and some

1477
01:10:38,240 --> 01:10:44,400
Speaker 22: of them had bad names like XYZHQ three, and he

1478
01:10:44,479 --> 01:10:46,320
Speaker 22: knew every one of them for at least I think

1479
01:10:46,360 --> 01:10:48,040
Speaker 22: he did because nobody was complaining.

1480
01:10:48,680 --> 01:10:51,880
Speaker 2: I was very impressed with that, because he invites the

1481
01:10:51,960 --> 01:10:55,200
Speaker 2: same people at dinner all the time. But nice compliment.

1482
01:10:55,760 --> 01:10:56,559
Speaker 2: Does he like William?

1483
01:10:56,760 --> 01:10:59,639
Speaker 14: I just want to say that his Majesty is also

1484
01:10:59,760 --> 01:11:05,280
Speaker 14: reads the remarkable son and his Royal Highness, Prince of

1485
01:11:05,439 --> 01:11:08,519
Speaker 14: Wales really amazing.

1486
01:11:08,600 --> 01:11:10,479
Speaker 24: We've gotten to know you, and I think you're going

1487
01:11:10,560 --> 01:11:14,320
Speaker 24: to have an unbelievable success in future. Malaney and I

1488
01:11:14,360 --> 01:11:18,640
Speaker 24: are delayed to visit again with Prince William and to

1489
01:11:18,720 --> 01:11:20,800
Speaker 24: see her Royal Highness, Princess.

1490
01:11:20,520 --> 01:11:24,719
Speaker 14: Catherine, so radiant and so healthy, so beautiful. It's really

1491
01:11:24,920 --> 01:11:25,479
Speaker 14: great honor.

1492
01:11:25,600 --> 01:11:25,880
Speaker 12: Thank you?

1493
01:11:26,439 --> 01:11:28,800
Speaker 2: Is he creeping? When you got to the super creep

1494
01:11:29,040 --> 01:11:31,280
Speaker 2: When you got off the helicopter, he was met by

1495
01:11:31,800 --> 01:11:34,280
Speaker 2: William and Kate and he apparently went up to her

1496
01:11:34,560 --> 01:11:38,360
Speaker 2: and said, you're beautiful, You're really beautiful. I assume he

1497
01:11:38,439 --> 01:11:40,160
Speaker 2: meant it in just a nice way. But I don't

1498
01:11:40,200 --> 01:11:43,000
Speaker 2: know how you handle that. And I've got to say

1499
01:11:43,080 --> 01:11:45,320
Speaker 2: to be honest that you know how big a fan

1500
01:11:45,400 --> 01:11:48,040
Speaker 2: I am of Princess Kate. But she was completely and

1501
01:11:48,160 --> 01:11:50,599
Speaker 2: utterly out dressed today by Milania. I don't know who

1502
01:11:50,680 --> 01:11:53,960
Speaker 2: does Mlania as styling, but whoever it is, is the

1503
01:11:54,000 --> 01:11:55,880
Speaker 2: best in the world, literally the best in the world.

1504
01:11:55,880 --> 01:11:58,960
Speaker 2: Because Kate normally is on point. But today she turned

1505
01:11:59,040 --> 01:12:02,200
Speaker 2: up in a bird the type color which is very,

1506
01:12:02,560 --> 01:12:05,840
Speaker 2: very in so there's no criticism there. But she had

1507
01:12:05,880 --> 01:12:07,840
Speaker 2: what looked like a small cake on her head for

1508
01:12:07,920 --> 01:12:11,360
Speaker 2: a hat, whereas Milania turns up on those things look

1509
01:12:11,520 --> 01:12:16,520
Speaker 2: like sold the dishes. They're incredible. She looks incredible everything

1510
01:12:16,640 --> 01:12:18,719
Speaker 2: she does. When she turned up on that trench yesterday

1511
01:12:19,120 --> 01:12:20,960
Speaker 2: and she walked off the plane, if you look closely,

1512
01:12:21,040 --> 01:12:24,840
Speaker 2: she's wearing a spectacular pair of boots, and when you're

1513
01:12:24,880 --> 01:12:28,839
Speaker 2: dealing with those two, money's no object, Styling's no object,

1514
01:12:28,960 --> 01:12:32,839
Speaker 2: access to fashion is no object. But Cate got completely

1515
01:12:32,880 --> 01:12:36,680
Speaker 2: and utterly out dressed by Milania. Today. No one is

1516
01:12:36,800 --> 01:12:40,560
Speaker 2: more spectacular sartorially in the world as far as I

1517
01:12:40,600 --> 01:12:43,960
Speaker 2: can work out on the public stage than Milania Trump.

1518
01:12:44,160 --> 01:12:46,280
Speaker 8: Well, I mean, whoever's dressing her has all that practice

1519
01:12:46,320 --> 01:12:47,799
Speaker 8: on all the doubles of course.

1520
01:12:47,680 --> 01:12:49,680
Speaker 2: Well that's true. I mean do we know that that's

1521
01:12:49,760 --> 01:12:51,360
Speaker 2: the real one or just one of the couple.

1522
01:12:51,560 --> 01:12:53,400
Speaker 8: It's hard to see your face underneath the hat.

1523
01:12:54,000 --> 01:12:55,439
Speaker 2: I still don't have time to tell you about the

1524
01:12:55,520 --> 01:12:58,080
Speaker 2: Virgin pet thing. I want to tell you how you do.

1525
01:12:58,120 --> 01:12:59,040
Speaker 8: It's got another half hour.

1526
01:12:59,200 --> 01:13:03,040
Speaker 2: Yeah, that's true. It's just it's going to take off,

1527
01:13:03,160 --> 01:13:04,920
Speaker 2: believe me. I mean it's been in Europe for years,

1528
01:13:04,960 --> 01:13:07,640
Speaker 2: of course, but it's only starting to come before you

1529
01:13:07,880 --> 01:13:10,640
Speaker 2: know it. Every plane you're on is going to have

1530
01:13:10,720 --> 01:13:12,320
Speaker 2: a dog and a cat on board. So if you

1531
01:13:12,360 --> 01:13:14,240
Speaker 2: don't like the idea, you get used to it because

1532
01:13:14,240 --> 01:13:17,040
Speaker 2: the world is a changing. Let's go to rod and

1533
01:13:17,160 --> 01:13:19,720
Speaker 2: some more of this royal pomp and pageantry.

1534
01:13:20,120 --> 01:13:22,320
Speaker 25: After the news which is next to you with News Talk, Seque,

1535
01:13:27,000 --> 01:13:29,960
Speaker 25: The Breakfast Show, Kiwi's Trust to Stay in the Know,

1536
01:13:30,479 --> 01:13:35,759
Speaker 25: The mic Asking, Breakfast with Rainthrover leading by example, News Togs, deadb.

1537
01:13:36,000 --> 01:13:38,680
Speaker 2: Mike looking for a top quality Italian hair dryer? What

1538
01:13:38,880 --> 01:13:42,880
Speaker 2: was the brand you previously mentioned? Reese Gammer Gama is

1539
01:13:43,200 --> 01:13:46,639
Speaker 2: what you're after? Never look back. Absolutely brilliant, very small,

1540
01:13:46,840 --> 01:13:51,120
Speaker 2: very Italian, very powerful, just absolutely brilliant. Twenty three minutes away.

1541
01:13:50,880 --> 01:13:55,400
Speaker 17: From nine International correspondence with ends an Eye Insurance, peace

1542
01:13:55,439 --> 01:13:56,920
Speaker 17: of mind for New Zealand business.

1543
01:13:58,000 --> 01:13:59,680
Speaker 2: Right to the UK We go, Rod, a little bit

1544
01:13:59,680 --> 01:14:00,200
Speaker 2: of morning to you.

1545
01:14:00,560 --> 01:14:01,320
Speaker 11: Come on in, Mike.

1546
01:14:01,520 --> 01:14:06,120
Speaker 2: Now, Trump, the dinner, the pomp, the pageantry. It's I mean,

1547
01:14:06,280 --> 01:14:09,920
Speaker 2: how gripped is Britain by this as an exercise? Do

1548
01:14:09,960 --> 01:14:10,280
Speaker 2: you think?

1549
01:14:10,600 --> 01:14:10,720
Speaker 26: Well?

1550
01:14:10,720 --> 01:14:12,920
Speaker 11: I don't think you or people are terribly gripped one

1551
01:14:12,920 --> 01:14:14,840
Speaker 11: way or the other. I mean, there are something like

1552
01:14:15,000 --> 01:14:18,880
Speaker 11: five thousand protesters in London. Fortunately Trump isn't going anywhere

1553
01:14:18,960 --> 01:14:21,800
Speaker 11: near London, but they're all saying, what a ghastly band,

1554
01:14:21,840 --> 01:14:23,479
Speaker 11: what a ghastly man. The rest of the country is

1555
01:14:23,520 --> 01:14:26,439
Speaker 11: just watching on slightly bemusedly. The only person this is

1556
01:14:26,560 --> 01:14:31,519
Speaker 11: for is Donald Trump. We are flinging every bit of

1557
01:14:31,720 --> 01:14:35,000
Speaker 11: royal regalia at him that we can in order to

1558
01:14:35,080 --> 01:14:37,800
Speaker 11: be in order to curry favor. And it seems to

1559
01:14:37,920 --> 01:14:41,920
Speaker 11: work work last time on his first state visit. It

1560
01:14:42,000 --> 01:14:43,120
Speaker 11: seems to be working now.

1561
01:14:43,400 --> 01:14:45,640
Speaker 2: It talks about the power of the monarchy, doesn't it.

1562
01:14:45,680 --> 01:14:47,519
Speaker 2: I mean, I don't know what Charles thinks of Trump.

1563
01:14:47,640 --> 01:14:50,280
Speaker 2: I can guess what Charles thinks of Trump. But you

1564
01:14:50,560 --> 01:14:54,320
Speaker 2: cannot underestimate the power of soft diplomacy.

1565
01:14:54,840 --> 01:14:58,000
Speaker 11: No, you can't. Well, and we have that, you know,

1566
01:14:58,200 --> 01:15:01,320
Speaker 11: we have that right. Family is many people want to

1567
01:15:01,360 --> 01:15:04,920
Speaker 11: do away with and when they're not making friends with

1568
01:15:05,000 --> 01:15:08,680
Speaker 11: Jeffrey Epstein, and they're very useful to us. And you know,

1569
01:15:08,760 --> 01:15:13,280
Speaker 11: the rough families. It's had a rough ten or fifteen years,

1570
01:15:13,439 --> 01:15:16,800
Speaker 11: you know, ever since I suppose really longer than that.

1571
01:15:16,920 --> 01:15:20,879
Speaker 11: But that's a Princess Diana. It's it's it's had its problems,

1572
01:15:21,320 --> 01:15:23,560
Speaker 11: but at times like this it does show you that,

1573
01:15:23,800 --> 01:15:27,640
Speaker 11: you know, it's a valuable for something. And so we

1574
01:15:27,960 --> 01:15:32,440
Speaker 11: erry Trump to Winsor Castle. We give him state banquets.

1575
01:15:33,479 --> 01:15:37,200
Speaker 11: We have a fly pasted with the red arrows. Everything

1576
01:15:37,320 --> 01:15:38,720
Speaker 11: we can possibly fling it him.

1577
01:15:38,960 --> 01:15:42,240
Speaker 2: We fling once he leaves Windsor is going to go

1578
01:15:42,360 --> 01:15:44,680
Speaker 2: to chickens and he's going to meet Key Starmer. Is

1579
01:15:45,400 --> 01:15:47,639
Speaker 2: Starmer is desperate for good news and good headlines, of course,

1580
01:15:47,640 --> 01:15:49,760
Speaker 2: so he'll be welcoming that, does he get I mean,

1581
01:15:49,800 --> 01:15:52,240
Speaker 2: all this take money that's flying about, is that material?

1582
01:15:52,360 --> 01:15:52,920
Speaker 2: Is that real?

1583
01:15:53,439 --> 01:15:56,280
Speaker 11: I don't know. It seems to be at the moment

1584
01:15:56,360 --> 01:15:58,439
Speaker 11: when I first heard the figures that were being talked about,

1585
01:15:58,479 --> 01:16:01,479
Speaker 11: we're talking about something in the regions billion quid for

1586
01:16:01,600 --> 01:16:04,640
Speaker 11: some of the text stuff and these and deals on

1587
01:16:04,720 --> 01:16:08,320
Speaker 11: AI and high tech investment, which will of course go

1588
01:16:08,520 --> 01:16:13,280
Speaker 11: probably to the southeast of the country mainly. But an

1589
01:16:13,479 --> 01:16:15,880
Speaker 11: enormous philip at a time for the economy when the

1590
01:16:15,920 --> 01:16:18,439
Speaker 11: economy is pretty much on the rocks, and when Kars

1591
01:16:18,439 --> 01:16:21,720
Speaker 11: Starmer is desperate for some good news. So whatever the

1592
01:16:21,840 --> 01:16:26,160
Speaker 11: reality of it, we will certainly be played out as being,

1593
01:16:26,400 --> 01:16:30,760
Speaker 11: you know, an enormous gift and a consequence of Sir

1594
01:16:30,880 --> 01:16:35,439
Speaker 11: Kir Starmer and Peter Mandelson's and David Lammy's diplomatic efforts

1595
01:16:35,479 --> 01:16:38,880
Speaker 11: with the Trump administration which have paid off, you know,

1596
01:16:39,520 --> 01:16:42,479
Speaker 11: let's not take it away from them. They have managed

1597
01:16:42,520 --> 01:16:44,280
Speaker 11: to get on the right side of Trump, and Trump

1598
01:16:44,439 --> 01:16:45,240
Speaker 11: is an anglifier.

1599
01:16:45,520 --> 01:16:47,679
Speaker 2: Yes he is. He does seem to genuinely enjoy himself

1600
01:16:47,720 --> 01:16:49,720
Speaker 2: having said that the steel tariffs of which you're at

1601
01:16:49,720 --> 01:16:52,439
Speaker 2: twenty five percent, which was good compared to some countries,

1602
01:16:52,760 --> 01:16:56,080
Speaker 2: I think you were hoping for zero zero's off. If

1603
01:16:56,160 --> 01:16:58,480
Speaker 2: that doesn't come to pass, I mean that the relationship,

1604
01:16:58,560 --> 01:17:00,639
Speaker 2: the whole terror of thing did. What do you do, Yes,

1605
01:17:00,760 --> 01:17:01,519
Speaker 2: grinham Barrett.

1606
01:17:01,720 --> 01:17:03,679
Speaker 11: I think we grin and bear it. It's still better

1607
01:17:03,760 --> 01:17:06,280
Speaker 11: than what the use getting. That sort of matters to

1608
01:17:06,439 --> 01:17:09,000
Speaker 11: us right now. This is the way England has viewed

1609
01:17:09,040 --> 01:17:11,400
Speaker 11: its history for the last one thousand years. Are we

1610
01:17:11,520 --> 01:17:14,880
Speaker 11: doing better than the French and on that particular, that

1611
01:17:15,040 --> 01:17:16,880
Speaker 11: particular issue, than we are?

1612
01:17:17,720 --> 01:17:17,760
Speaker 26: No.

1613
01:17:18,000 --> 01:17:21,920
Speaker 11: It looks as if the plea for no Taus at

1614
01:17:21,960 --> 01:17:27,800
Speaker 11: all has indeed been roundly dismissed. More importantly is what

1615
01:17:28,600 --> 01:17:31,639
Speaker 11: is what perhaps Starmer will have to say to Trump

1616
01:17:32,400 --> 01:17:39,080
Speaker 11: on the issues of Ukraine and Israel and Russia. It

1617
01:17:39,560 --> 01:17:43,639
Speaker 11: is it will be tricky raising those problems, and also,

1618
01:17:43,680 --> 01:17:45,640
Speaker 11: of course what he's got to say to about Mandleson,

1619
01:17:45,680 --> 01:17:47,479
Speaker 11: which will have to there will have to be some

1620
01:17:47,680 --> 01:17:50,960
Speaker 11: sort of exchange over Mandlessoon, which brings you into the

1621
01:17:51,040 --> 01:17:51,799
Speaker 11: Epstein business.

1622
01:17:52,200 --> 01:17:53,920
Speaker 2: Yes it does. You have a good weekken Rod will

1623
01:17:53,960 --> 01:17:56,000
Speaker 2: catch up with you soon if you're not up on

1624
01:17:56,040 --> 01:17:57,760
Speaker 2: the India. Just quit a couple of quick things out

1625
01:17:57,800 --> 01:18:00,920
Speaker 2: of Brittany. Iratrian Blake was successful in court. He was

1626
01:18:00,960 --> 01:18:02,680
Speaker 2: one of the one in one outside. There's none and

1627
01:18:02,800 --> 01:18:06,280
Speaker 2: none out so far, so that's turning into the predictable bust.

1628
01:18:06,920 --> 01:18:08,760
Speaker 2: I will come back because I don't have time at

1629
01:18:08,760 --> 01:18:11,800
Speaker 2: the moment. But the Scottish Parliament has passed a new

1630
01:18:11,920 --> 01:18:16,080
Speaker 2: law the removal of not proven. They have three things

1631
01:18:16,240 --> 01:18:18,600
Speaker 2: in a court in Scotland. One is guilty, one is

1632
01:18:18,680 --> 01:18:22,080
Speaker 2: not guilty and one is not proven. And they finally,

1633
01:18:22,160 --> 01:18:24,800
Speaker 2: after years of arguing about it, changed that. But when

1634
01:18:24,880 --> 01:18:26,559
Speaker 2: I get time, I will come back to that. Because Mike,

1635
01:18:26,600 --> 01:18:29,679
Speaker 2: a bit of hypocrisy from the king alienated his brother,

1636
01:18:30,040 --> 01:18:32,960
Speaker 2: then welcomes another Epstein friend lost any support they clang

1637
01:18:33,000 --> 01:18:35,680
Speaker 2: onto in this household. Well, you're reading it completely wrong

1638
01:18:35,760 --> 01:18:37,880
Speaker 2: and in a way you're so exercised about it. I

1639
01:18:38,000 --> 01:18:40,160
Speaker 2: saw a protest as saying exactly the same thing from

1640
01:18:40,200 --> 01:18:43,120
Speaker 2: the streets of London yesterday. What you've got to understand

1641
01:18:43,360 --> 01:18:46,680
Speaker 2: is the president is the president. You know, Andrew's just

1642
01:18:47,080 --> 01:18:49,920
Speaker 2: a Dufas who hangs around the family and is a

1643
01:18:49,960 --> 01:18:52,840
Speaker 2: bit of a spare royal. The president is the duly

1644
01:18:53,000 --> 01:18:56,439
Speaker 2: elected representative of the United States of America. You may

1645
01:18:56,520 --> 01:18:58,519
Speaker 2: not like him, you may not like the way he's behaved,

1646
01:18:58,520 --> 01:19:01,479
Speaker 2: allegedly or not, but the fact is he's the most

1647
01:19:01,520 --> 01:19:02,960
Speaker 2: powerful man in the world and you've got to deal

1648
01:19:03,000 --> 01:19:04,519
Speaker 2: with them. It's as simple as that. And that's where

1649
01:19:04,520 --> 01:19:07,000
Speaker 2: you get to. A poll for Old Kia came out

1650
01:19:07,040 --> 01:19:09,160
Speaker 2: in Wales. They're having a vote in Wales next year.

1651
01:19:09,200 --> 01:19:11,840
Speaker 2: On this poll out this morning has the government the

1652
01:19:11,880 --> 01:19:14,519
Speaker 2: Labor Party in absolute diastrates. It's a you go of

1653
01:19:14,600 --> 01:19:17,400
Speaker 2: poll thirty percent to the local party. The the Cumbery

1654
01:19:17,479 --> 01:19:21,160
Speaker 2: Party plaied Cremery Reform is up four to twenty nine.

1655
01:19:21,320 --> 01:19:25,040
Speaker 2: Labour have dropped another four. They're down at fourteen, only

1656
01:19:25,160 --> 01:19:29,280
Speaker 2: beating the Tories to eleven. So Wales looks like it

1657
01:19:29,360 --> 01:19:31,920
Speaker 2: might get flipped in May next year unless things changed

1658
01:19:32,000 --> 01:19:33,439
Speaker 2: dramatically seventeen to two.

1659
01:19:34,880 --> 01:19:39,280
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Howard

1660
01:19:39,320 --> 01:19:40,280
Speaker 1: By News talks.

1661
01:19:40,080 --> 01:19:42,439
Speaker 2: That be Mike, what are your thoughts on the judge

1662
01:19:42,439 --> 01:19:45,160
Speaker 2: giving the confiscated gam patch back to the second gang member. Well,

1663
01:19:45,200 --> 01:19:47,800
Speaker 2: my thoughts are apart from the obvious, which I won't

1664
01:19:47,840 --> 01:19:50,599
Speaker 2: need to state because they're obvious, is that I'm proud

1665
01:19:50,600 --> 01:19:52,800
Speaker 2: of Mark Mitchell for making the statement he did, because

1666
01:19:52,880 --> 01:19:55,519
Speaker 2: Paul Goldsmith has run for cover and I know it's tricky,

1667
01:19:55,640 --> 01:19:57,400
Speaker 2: I get it, and I know that Judith has had

1668
01:19:57,439 --> 01:19:59,760
Speaker 2: a word with everybody. And you can't go around, you know,

1669
01:20:00,160 --> 01:20:03,840
Speaker 2: sizing the judiciary, but get you. I wouldn't be a

1670
01:20:03,880 --> 01:20:05,800
Speaker 2: politician if I was a politician, If I was the

1671
01:20:05,800 --> 01:20:08,960
Speaker 2: Minister of Police, the Minister of Justice in a government

1672
01:20:09,000 --> 01:20:10,760
Speaker 2: that said we were going to do certain things in

1673
01:20:10,840 --> 01:20:12,880
Speaker 2: the crime and justice area. And I was watching that,

1674
01:20:13,520 --> 01:20:17,200
Speaker 2: I couldn't live with myself without saying something. And Judith

1675
01:20:17,200 --> 01:20:19,000
Speaker 2: can come and yell at me all she wants, you know,

1676
01:20:19,160 --> 01:20:22,120
Speaker 2: otherwise you lose your integrity. Surely, isn't that the answer?

1677
01:20:22,200 --> 01:20:24,920
Speaker 2: So well done Mark Mitchell on that Mike Morning, in

1678
01:20:25,040 --> 01:20:26,960
Speaker 2: case no one else has reported it, which they haven't.

1679
01:20:26,960 --> 01:20:29,120
Speaker 2: Well done, Brian, and this is why the listenership of

1680
01:20:29,160 --> 01:20:31,840
Speaker 2: the show is so valuable. Tesla have released the update

1681
01:20:31,880 --> 01:20:34,360
Speaker 2: for the FSD to New Zealand customers this morning. As

1682
01:20:34,400 --> 01:20:37,240
Speaker 2: of eight thirty this morning, so the full support of

1683
01:20:37,320 --> 01:20:41,920
Speaker 2: driving supervised, not that you might read supervised. Maybe you

1684
01:20:41,960 --> 01:20:43,600
Speaker 2: read supervised or not. Maybe you want to put it

1685
01:20:43,640 --> 01:20:45,439
Speaker 2: into your car and just you know, cross your arms

1686
01:20:45,479 --> 01:20:47,080
Speaker 2: and pretend to go to sleep, and next thing you know,

1687
01:20:47,160 --> 01:20:49,680
Speaker 2: you're in a poll. But there you go. Eleven four

1688
01:20:49,800 --> 01:20:53,559
Speaker 2: hundred dollars. That's the optional extra. As far as an

1689
01:20:53,560 --> 01:20:57,880
Speaker 2: optional extra goes, eleven four hundred dollars is how many

1690
01:20:57,960 --> 01:21:00,639
Speaker 2: people you think are going to get it as a percentage?

1691
01:21:00,680 --> 01:21:02,880
Speaker 2: Do a percentage, So of the number of cars sold

1692
01:21:02,880 --> 01:21:05,600
Speaker 2: in code, what percentage of people? Add another eleven and

1693
01:21:05,640 --> 01:21:07,439
Speaker 2: a half thousand dollars to the price of a Tesla

1694
01:21:08,320 --> 01:21:10,840
Speaker 2: and want it. You can subscribe if you wanted one

1695
01:21:10,920 --> 01:21:12,560
Speaker 2: hundred and fifty nine dollars a month. That takes you

1696
01:21:12,640 --> 01:21:15,439
Speaker 2: to basically six years, which is probably longer than you're

1697
01:21:15,439 --> 01:21:18,200
Speaker 2: going to hold the car anyway, So work out the numbers.

1698
01:21:18,240 --> 01:21:22,840
Speaker 2: But I would guess next to no one I'll be

1699
01:21:22,920 --> 01:21:25,799
Speaker 2: interested with whether I press front actually speak of what cars.

1700
01:21:25,840 --> 01:21:27,759
Speaker 2: I don't want to bore you with my own personal problems.

1701
01:21:28,560 --> 01:21:31,760
Speaker 2: But yesterday I went down to the garage to start

1702
01:21:31,800 --> 01:21:33,800
Speaker 2: a car that I particularly like, and I drive it

1703
01:21:33,920 --> 01:21:37,439
Speaker 2: periodically and it wouldn't start, and I knew it was

1704
01:21:37,760 --> 01:21:40,080
Speaker 2: sort of maybe maybe not going to start because I thought,

1705
01:21:40,160 --> 01:21:41,880
Speaker 2: I don't drive this car enough. And if you don't

1706
01:21:41,920 --> 01:21:44,240
Speaker 2: drive a car enough, what happens is basically it dies.

1707
01:21:44,880 --> 01:21:47,439
Speaker 8: You can get a special battery for that, can't you interesting?

1708
01:21:47,479 --> 01:21:50,840
Speaker 2: You should say that, Glenn. So when this happened, I

1709
01:21:51,080 --> 01:21:53,679
Speaker 2: the last couple of times it went and it started

1710
01:21:53,760 --> 01:21:55,160
Speaker 2: up in a drive it round, but just not enough.

1711
01:21:55,200 --> 01:21:57,880
Speaker 2: So yesterday I rang my mate Max, who works at

1712
01:21:57,920 --> 01:22:00,640
Speaker 2: Continental Cars, and I said, Max, do you have a

1713
01:22:00,720 --> 01:22:03,040
Speaker 2: person who comes around and jump starts cars? And he goes, yes,

1714
01:22:03,120 --> 01:22:06,560
Speaker 2: I do. And I said, just one quick question. Is

1715
01:22:06,640 --> 01:22:09,000
Speaker 2: the battery in the front or the back? Because it

1716
01:22:09,040 --> 01:22:10,840
Speaker 2: was jammed into a car park in a building. And

1717
01:22:11,120 --> 01:22:13,000
Speaker 2: he goes, oh, you in town? I said yes I am.

1718
01:22:13,080 --> 01:22:14,840
Speaker 2: He goes, oh, come run see you now. Now there's

1719
01:22:14,840 --> 01:22:17,000
Speaker 2: a car salesman. Right, there's a car sales me. He

1720
01:22:17,080 --> 01:22:18,880
Speaker 2: owes me nothing. He doesn't have to come round and

1721
01:22:18,920 --> 01:22:21,840
Speaker 2: solve my problem. He's not a mechanic. He doesn't specialize

1722
01:22:21,880 --> 01:22:24,240
Speaker 2: in idiots who don't start their car often enough, and

1723
01:22:24,320 --> 01:22:26,200
Speaker 2: I'll solve your problem. He's not even in that area.

1724
01:22:26,240 --> 01:22:27,479
Speaker 2: He's just a car sales and me. He said, oh,

1725
01:22:27,520 --> 01:22:29,640
Speaker 2: come around right now, And ten minutes later he was

1726
01:22:29,680 --> 01:22:31,519
Speaker 2: run at my house and you brought this special thing

1727
01:22:31,560 --> 01:22:32,680
Speaker 2: and I wish I had the name of it in

1728
01:22:32,720 --> 01:22:35,200
Speaker 2: front of me. But it's a jumpstarter, obviously, but it's

1729
01:22:35,240 --> 01:22:38,800
Speaker 2: a tiny little thing that does one hundred and twenty

1730
01:22:38,840 --> 01:22:41,760
Speaker 2: starts for your average car before it needs recharging. In fact,

1731
01:22:41,760 --> 01:22:43,519
Speaker 2: if you go to recharge a car and jump it

1732
01:22:44,040 --> 01:22:46,120
Speaker 2: and you leave it on the car for forty seconds,

1733
01:22:46,160 --> 01:22:49,400
Speaker 2: it'll recharge the thing itself. So it's fantastic. Anyway he starts,

1734
01:22:49,439 --> 01:22:51,800
Speaker 2: my car just comes around just because he's a good bloke.

1735
01:22:51,960 --> 01:22:53,680
Speaker 2: How good a service is that? And what do you

1736
01:22:53,760 --> 01:22:55,759
Speaker 2: think as a result of that, I'm gonna feel towards

1737
01:22:55,840 --> 01:22:58,120
Speaker 2: him and his company? Guess what I'm gonna feel good

1738
01:22:58,120 --> 01:22:59,920
Speaker 2: about it? Aren't I? Anyway? So I got my car

1739
01:23:00,160 --> 01:23:01,800
Speaker 2: and I drive halfway to South Auckland, all the way

1740
01:23:01,840 --> 01:23:03,920
Speaker 2: down to Drury brom on the motorway and all the

1741
01:23:03,960 --> 01:23:04,320
Speaker 2: way back.

1742
01:23:04,920 --> 01:23:07,680
Speaker 8: But I think you need one of those batteries like

1743
01:23:07,960 --> 01:23:11,000
Speaker 8: my mum now has in her car because the last

1744
01:23:11,040 --> 01:23:13,080
Speaker 8: time she took her car and for a service, the

1745
01:23:13,160 --> 01:23:17,360
Speaker 8: mechanics said she's not really driving this very much. She

1746
01:23:17,439 --> 01:23:20,439
Speaker 8: plug it in and now it's just some some kind

1747
01:23:20,479 --> 01:23:23,479
Speaker 8: of different battery that does that holds its charge.

1748
01:23:23,680 --> 01:23:26,080
Speaker 2: You know, not a lithium, but I don't know. Well

1749
01:23:26,120 --> 01:23:28,240
Speaker 2: it's probably If it is, then you can plug it in.

1750
01:23:28,280 --> 01:23:29,680
Speaker 2: And then some cars come with a plug in.

1751
01:23:29,800 --> 01:23:31,280
Speaker 8: No, no, it doesn't plug ins.

1752
01:23:31,360 --> 01:23:33,280
Speaker 2: It's not an electric car, but it plugs into the battery,

1753
01:23:33,320 --> 01:23:34,160
Speaker 2: and a lot of cars do that.

1754
01:23:34,240 --> 01:23:36,320
Speaker 8: I'm just telling you the battery doesn't plug in. It's

1755
01:23:36,360 --> 01:23:41,240
Speaker 8: just a special battery that lasts longer between uses. And

1756
01:23:41,360 --> 01:23:43,200
Speaker 8: so I'm just saying basically, what I'm saying is it

1757
01:23:43,240 --> 01:23:45,640
Speaker 8: sounds like you need an old lady's battery in your car.

1758
01:23:45,680 --> 01:23:49,320
Speaker 8: What sort of car she got, it's a the car

1759
01:23:49,439 --> 01:23:51,559
Speaker 8: preferred by car thieves, a.

1760
01:23:54,160 --> 01:23:59,519
Speaker 2: Mesodemio, the Mighty, the Mighty Master. Anyway, So once again

1761
01:23:59,560 --> 01:24:02,200
Speaker 2: another example of Max, who didn't have to do anything,

1762
01:24:02,320 --> 01:24:05,000
Speaker 2: did because he's a good guy. And when you service

1763
01:24:05,040 --> 01:24:07,760
Speaker 2: people nicely and you look after them, guess what you

1764
01:24:07,880 --> 01:24:10,080
Speaker 2: feel good about life? Don't you turn away from nine.

1765
01:24:10,520 --> 01:24:14,720
Speaker 1: The Mike Hosking Breakfast with a Vida, Retirement Communities News,

1766
01:24:14,760 --> 01:24:15,320
Speaker 1: Tom tad b.

1767
01:24:15,600 --> 01:24:17,599
Speaker 2: Now, if you've spent your say on the factory floor,

1768
01:24:17,640 --> 01:24:19,559
Speaker 2: you know, construction on the farm, that sort of hard,

1769
01:24:19,680 --> 01:24:22,519
Speaker 2: noisy work type thing that built this country. You deserve

1770
01:24:22,560 --> 01:24:24,280
Speaker 2: the very best when it comes to your hearing, which

1771
01:24:24,320 --> 01:24:28,000
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1772
01:24:28,000 --> 01:24:31,280
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1773
01:24:31,360 --> 01:24:34,600
Speaker 2: It's guaranteed no matter which ACC funding band you qualify for,

1774
01:24:35,280 --> 01:24:37,840
Speaker 2: you will receive the top of the range the resound

1775
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Speaker 2: of Vivia nine. These are the hearing aids with no

1776
01:24:41,439 --> 01:24:44,200
Speaker 2: surcharge above the ACC funding you're entitled too, so it's

1777
01:24:44,200 --> 01:24:46,519
Speaker 2: a good set of hearing aids. Other providers might ask

1778
01:24:46,560 --> 01:24:47,880
Speaker 2: you to pay a little bit extra to get that

1779
01:24:47,920 --> 01:24:51,240
Speaker 2: best technology. Resonate do not, so everything is clear and

1780
01:24:51,320 --> 01:24:53,960
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1781
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1782
01:24:56,920 --> 01:24:59,280
Speaker 2: Resonate basically here for kiwis by Kiwi. So if you're

1783
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Speaker 2: working hard for you Zealand, let a one hundred percent

1784
01:25:01,720 --> 01:25:04,640
Speaker 2: New Zealand O company take care of your hearing. Eight

1785
01:25:04,760 --> 01:25:07,479
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1786
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1787
01:25:10,400 --> 01:25:13,960
Speaker 2: do it online. Resonate Health one word, Resonatehealth, dot co

1788
01:25:14,280 --> 01:25:15,040
Speaker 2: dot m z.

1789
01:25:17,400 --> 01:25:17,839
Speaker 3: Pasking.

1790
01:25:18,000 --> 01:25:21,040
Speaker 2: It's a projector by Intel Start. It's a cute little

1791
01:25:21,080 --> 01:25:24,320
Speaker 2: thing with two buy somebody one for Christmas. It just

1792
01:25:24,720 --> 01:25:26,559
Speaker 2: blew my mind. I thought's the gross thing in the world.

1793
01:25:27,439 --> 01:25:30,599
Speaker 2: Virgin God I got there at last. Initially they're trying

1794
01:25:30,680 --> 01:25:34,040
Speaker 2: it for Melbourne Gold Coast Melbourne Sunshine Coast one hundred

1795
01:25:34,040 --> 01:25:37,439
Speaker 2: and forty nine dollars an animal one way. After January

1796
01:25:37,520 --> 01:25:40,840
Speaker 2: next year, all of Virgin's domestic flights in Australia are

1797
01:25:40,880 --> 01:25:43,439
Speaker 2: going to be available. It will restrict the number of

1798
01:25:43,920 --> 01:25:47,400
Speaker 2: pets per flight to four. They will assign the pet

1799
01:25:47,479 --> 01:25:50,519
Speaker 2: owner to designated seats in a couple of prise you

1800
01:25:50,560 --> 01:25:52,679
Speaker 2: get eighteen eighty and f twenty to twenty.

1801
01:25:52,600 --> 01:25:59,720
Speaker 8: F adjacent seats. It's some potentially disastrous, isn't it?

1802
01:26:00,080 --> 01:26:01,800
Speaker 2: The thoughts at twenty and twenty. Yet they don't get

1803
01:26:01,840 --> 01:26:03,800
Speaker 2: on how badly can it go? Pretty badly, I would

1804
01:26:03,800 --> 01:26:06,320
Speaker 2: have thought. But anyway, there's the future for you there

1805
01:26:06,400 --> 01:26:07,519
Speaker 2: five minutes away from nine.

1806
01:26:07,800 --> 01:26:12,280
Speaker 1: It's trending now with Chamast Warehouse, I'll prize Fighter would.

1807
01:26:12,120 --> 01:26:13,000
Speaker 21: Sail on now.

1808
01:26:13,280 --> 01:26:16,200
Speaker 2: Nancy Mace. You know the name South Carolina congresswoman and

1809
01:26:17,439 --> 01:26:20,400
Speaker 2: Ilhan Omar. Anyway, here's Nancy here.

1810
01:26:20,439 --> 01:26:21,440
Speaker 10: I am standing.

1811
01:26:21,160 --> 01:26:27,240
Speaker 26: Outside of the anti American Elain Omar's office. Tomorrow we

1812
01:26:27,280 --> 01:26:31,880
Speaker 26: will follow a privileged motion to censure her and to

1813
01:26:32,400 --> 01:26:37,920
Speaker 26: shiper he committee assignments. I'm tired of your performative bs

1814
01:26:38,439 --> 01:26:41,479
Speaker 26: that is putting lives in danger.

1815
01:26:42,080 --> 01:26:43,720
Speaker 2: I love the way she got the echo in there.

1816
01:26:43,960 --> 01:26:47,040
Speaker 2: Gives a real production value. Doesn't it one way ticket

1817
01:26:47,080 --> 01:26:50,560
Speaker 2: to Somalia for you? Ilhan Omar? She says, this is

1818
01:26:50,640 --> 01:26:54,840
Speaker 2: Mace is your ridiculous censure about me being born in Somalia.

1819
01:26:55,560 --> 01:26:59,360
Speaker 2: This is il Han hitting back because that's just as

1820
01:26:59,479 --> 01:27:01,360
Speaker 2: crazy as as you are. Would love to see you

1821
01:27:01,439 --> 01:27:03,639
Speaker 2: get the help you need. Next you belong in rehab,

1822
01:27:03,720 --> 01:27:08,280
Speaker 2: not Congress. Who knows, Maybe I'll be about you marrying

1823
01:27:08,360 --> 01:27:15,720
Speaker 2: your brother next tune in Mace Central resolution could be

1824
01:27:15,800 --> 01:27:22,120
Speaker 2: voted on as soon as today. Does it get to

1825
01:27:22,200 --> 01:27:25,639
Speaker 2: the point of being tyresome? This stuff like at the start,

1826
01:27:25,760 --> 01:27:27,000
Speaker 2: is it one of those things that at the start

1827
01:27:27,080 --> 01:27:29,400
Speaker 2: you thought, yes, it's moderately entertaining, they're all nuts, and

1828
01:27:29,479 --> 01:27:31,640
Speaker 2: then it gets to the point where you know it

1829
01:27:31,840 --> 01:27:34,519
Speaker 2: just becomes pathetic by the way, just very quickly, a

1830
01:27:34,640 --> 01:27:36,120
Speaker 2: question you can think about today and give me an

1831
01:27:36,120 --> 01:27:38,800
Speaker 2: answer by tomorrow. B and pl You know the buy now,

1832
01:27:38,880 --> 01:27:42,200
Speaker 2: pay later business, lay By, which was the company they

1833
01:27:42,280 --> 01:27:46,519
Speaker 2: went into receivership this year. This last year they went

1834
01:27:46,600 --> 01:27:49,200
Speaker 2: in as of yesterday apparently into liquidation. They owe fifteen

1835
01:27:49,240 --> 01:27:51,680
Speaker 2: million to creditors. Anyway, I've been fascinated by the buy now,

1836
01:27:51,760 --> 01:27:53,960
Speaker 2: pay later market, and I mentioned the other day Klana,

1837
01:27:54,360 --> 01:27:56,880
Speaker 2: which is a global player. They ipo'd the other day

1838
01:27:56,880 --> 01:27:59,479
Speaker 2: and they're worth billions. They're the iPod up at billions

1839
01:27:59,520 --> 01:28:01,840
Speaker 2: and billions of dollars. So is it the buying our

1840
01:28:01,880 --> 01:28:04,280
Speaker 2: pay later thing that doesn't work, or is it Layby's

1841
01:28:04,360 --> 01:28:06,679
Speaker 2: model that doesn't work? Or is Layby just being local

1842
01:28:06,760 --> 01:28:09,760
Speaker 2: the problem and therefore New Zealand's the problem. But buy now,

1843
01:28:09,800 --> 01:28:12,240
Speaker 2: pay later, if you go global, is workable? Have you

1844
01:28:12,360 --> 01:28:14,040
Speaker 2: used by our pay later? Is it a thing of

1845
01:28:14,120 --> 01:28:17,040
Speaker 2: the future, et cetera. Is it as uplifting and interesting

1846
01:28:17,600 --> 01:28:20,680
Speaker 2: as carrying pets on a plane. We can develop a

1847
01:28:20,680 --> 01:28:22,880
Speaker 2: whole show for the future. But anyway, that's for tomorrow.

1848
01:28:22,960 --> 01:28:24,000
Speaker 2: As always, Happy days.

1849
01:28:24,800 --> 01:28:27,640
Speaker 1: For more from the Mic Asking Breakfast listen live to

1850
01:28:27,800 --> 01:28:30,840
Speaker 1: news talks that'd be from six am weekdays, or follow

1851
01:28:30,920 --> 01:28:32,440
Speaker 1: the podcast on iHeartRadio