1 00:00:00,520 --> 00:00:06,000 Speaker 1: You're trusted home for news, Sports, entertainment, opinion and Mike 2 00:00:06,280 --> 00:00:10,520 Speaker 1: the Mic asking Breakfast with a Veda, Retirement, Communities, Life 3 00:00:10,720 --> 00:00:12,160 Speaker 1: your Way, News, togs, heead be. 4 00:00:12,280 --> 00:00:14,600 Speaker 2: Molly, you are welcome today. The war, petrol and financial 5 00:00:14,680 --> 00:00:16,960 Speaker 2: help from the government. New crime stats that show yet 6 00:00:17,000 --> 00:00:19,360 Speaker 2: again it's dropping the New Zealand Or of the Year, 7 00:00:19,360 --> 00:00:21,360 Speaker 2: and for a word about being awesome. Monty Victim is 8 00:00:21,400 --> 00:00:23,960 Speaker 2: in to say this is our year. Timikatie do the week, 9 00:00:24,120 --> 00:00:25,200 Speaker 2: Richard arl Ler, Murray. 10 00:00:24,960 --> 00:00:26,279 Speaker 3: Old's get amongst it as well. 11 00:00:27,080 --> 00:00:30,360 Speaker 2: Parsky Welcome to Friday seven past six. Obviously Chris Hipkins 12 00:00:30,400 --> 00:00:33,080 Speaker 2: would disagree, but Donald Trump surely wins the crap Week 13 00:00:33,120 --> 00:00:36,279 Speaker 2: of the Week award given as week as material outcomes 14 00:00:36,360 --> 00:00:38,479 Speaker 2: for all of us, and Hipkins is just a personal 15 00:00:38,560 --> 00:00:41,160 Speaker 2: mess on ugly in public. The war itself doesn't appear 16 00:00:41,159 --> 00:00:42,559 Speaker 2: to be any different at the end of week three 17 00:00:42,600 --> 00:00:44,000 Speaker 2: than it was at the end of week two or 18 00:00:44,080 --> 00:00:47,040 Speaker 2: indeed week one. Every indication as a run as being obliterated. 19 00:00:47,360 --> 00:00:49,280 Speaker 2: They had three major kills this week, and the fact 20 00:00:49,320 --> 00:00:51,280 Speaker 2: that we have yet to actually see or hear the 21 00:00:51,360 --> 00:00:54,480 Speaker 2: new Supreme Leader indicates the suggestion he's dead or disfigured 22 00:00:54,880 --> 00:00:57,120 Speaker 2: rings more true by the day. The attacks on golf 23 00:00:57,160 --> 00:00:59,880 Speaker 2: facilities show a Raunian desperation. The number of attacks can 24 00:01:00,000 --> 00:01:01,240 Speaker 2: win us to drop massively. 25 00:01:01,360 --> 00:01:02,520 Speaker 3: The Marines are on the way. 26 00:01:02,920 --> 00:01:04,839 Speaker 2: The B twos are dropping the mass of five thousand 27 00:01:04,920 --> 00:01:07,479 Speaker 2: kg bombs around the Strait to presumably clear the way 28 00:01:07,560 --> 00:01:10,479 Speaker 2: for them. So war wise, nothing new to report. 29 00:01:10,560 --> 00:01:10,840 Speaker 3: Really. 30 00:01:11,240 --> 00:01:14,480 Speaker 2: Trump could call it off any moment and claim victory, remembering, 31 00:01:14,560 --> 00:01:19,080 Speaker 2: of course, claiming something is not always the reality but massive. 32 00:01:19,160 --> 00:01:21,959 Speaker 2: But he asked for help on the Strait and short 33 00:01:21,959 --> 00:01:24,240 Speaker 2: of the French possibly once it's all settled and the 34 00:01:24,319 --> 00:01:26,320 Speaker 2: sun is out, he got nothing. In fact, he got 35 00:01:26,360 --> 00:01:28,600 Speaker 2: worse than nothing. He got the middle finger. A world 36 00:01:28,720 --> 00:01:32,520 Speaker 2: weary of his arrogance, threats and bullying over lordiness told 37 00:01:32,600 --> 00:01:34,679 Speaker 2: him to get stuffed. It's not our problem, at which 38 00:01:34,720 --> 00:01:36,880 Speaker 2: point he went straight to his baby act, whining and 39 00:01:36,959 --> 00:01:39,920 Speaker 2: bleeding and moaning. The Strait is a problem, and he 40 00:01:40,040 --> 00:01:42,520 Speaker 2: made it so. Whether than ever planned for it, thought 41 00:01:42,560 --> 00:01:45,440 Speaker 2: about it doesn't matter. They created it, and his voters 42 00:01:45,440 --> 00:01:47,760 Speaker 2: are paying a fortune for gas. The market is thinking. 43 00:01:48,000 --> 00:01:50,840 Speaker 2: The two things he cares most about, the dow and 44 00:01:50,880 --> 00:01:53,280 Speaker 2: the bloke at the Bowser aren't working for him, and 45 00:01:53,400 --> 00:01:56,840 Speaker 2: that's why. Still this thing will end sooner rather than later. 46 00:01:57,240 --> 00:01:59,720 Speaker 2: Small side note when he says America doesn't need the 47 00:01:59,720 --> 00:02:03,600 Speaker 2: strake eight half of America's generic medicine comes from India. 48 00:02:03,880 --> 00:02:06,640 Speaker 2: India gets their material through the Gulf. There isn't an 49 00:02:06,640 --> 00:02:09,400 Speaker 2: American not on a pillar of potion. So he hurts 50 00:02:09,440 --> 00:02:11,520 Speaker 2: them at the pump, and he hurts them at Walgreens. 51 00:02:11,639 --> 00:02:14,280 Speaker 2: It's a disaster, so he has to fix it. They 52 00:02:14,360 --> 00:02:16,920 Speaker 2: said four to six. They still say four to six. 53 00:02:17,200 --> 00:02:19,600 Speaker 2: It'll be more six than four, but the stakes are 54 00:02:19,639 --> 00:02:23,720 Speaker 2: too high. Not in Iran, but in Ohio, Minnesota, and Georgia. 55 00:02:24,200 --> 00:02:25,679 Speaker 2: That's where the real war is. 56 00:02:27,840 --> 00:02:30,440 Speaker 3: News of the world in ninety seconds. 57 00:02:30,200 --> 00:02:32,480 Speaker 2: Joint Chief's Chair has the latest on epic fury. 58 00:02:32,639 --> 00:02:35,679 Speaker 4: We continue to hunt and kill mine storage facilities and 59 00:02:35,800 --> 00:02:41,120 Speaker 4: naval ammunition depots. We continue to hunt and kill afloat assets, 60 00:02:41,200 --> 00:02:44,280 Speaker 4: including more than one hundred and twenty vessels and forty 61 00:02:44,320 --> 00:02:46,639 Speaker 4: four mind layers, and the pressure will continue. 62 00:02:47,040 --> 00:02:48,760 Speaker 2: Katari's are kind of sick of the Iranians. 63 00:02:49,560 --> 00:02:50,640 Speaker 5: Sub Jack the. 64 00:02:52,639 --> 00:02:56,600 Speaker 6: Only indicates at Agrissian policy and lack of responsibility and 65 00:02:56,680 --> 00:02:57,560 Speaker 6: are very danjouses. 66 00:02:57,600 --> 00:02:58,639 Speaker 7: Condition by the adions. 67 00:02:59,200 --> 00:03:01,560 Speaker 2: Higsseeth has kind of sick of people who don't love Trump, 68 00:03:01,680 --> 00:03:06,280 Speaker 2: the world, the Middle East, our ungrateful allies in Europe, 69 00:03:07,320 --> 00:03:10,600 Speaker 2: even segments of our own press should be saying one 70 00:03:10,639 --> 00:03:15,079 Speaker 2: thing to President Trump, thank you. The economic fall that's real, 71 00:03:15,200 --> 00:03:17,519 Speaker 2: slew of central banks of internection overnight, including the b 72 00:03:17,639 --> 00:03:18,720 Speaker 2: OFV who held. 73 00:03:18,560 --> 00:03:20,720 Speaker 8: Has been, of course a huge change since we last 74 00:03:20,800 --> 00:03:23,840 Speaker 8: met as the committee. I don't think it's appropriate to 75 00:03:23,880 --> 00:03:26,240 Speaker 8: say at this point because of the uncertainty whether we'll 76 00:03:26,400 --> 00:03:30,000 Speaker 8: be raising rates or holding rates thereafter that. Frankly, we're 77 00:03:30,000 --> 00:03:32,519 Speaker 8: going to have to look at this very carefully continuously. 78 00:03:32,760 --> 00:03:34,800 Speaker 2: Also in Britain, them in and Gita's outbreak is still 79 00:03:34,800 --> 00:03:35,080 Speaker 2: a thing. 80 00:03:35,280 --> 00:03:39,560 Speaker 9: We may see cases reported which are completely unrelated to 81 00:03:39,680 --> 00:03:43,480 Speaker 9: the Canterbury outbreak, because we tend to have at least 82 00:03:43,520 --> 00:03:47,440 Speaker 9: three hundred and fifty meningitis be cases in any given year. 83 00:03:47,600 --> 00:03:49,520 Speaker 2: Also on health metas there against you and a half 84 00:03:49,560 --> 00:03:52,080 Speaker 2: billion dollar COVID inquiries out. 85 00:03:52,280 --> 00:03:54,600 Speaker 10: Some patients did not get the level of care they 86 00:03:54,640 --> 00:03:58,640 Speaker 10: would usually receive. Some people were not admitted to hospital 87 00:03:58,680 --> 00:04:01,880 Speaker 10: when they should have been. Those taken to hospital and 88 00:04:02,120 --> 00:04:04,720 Speaker 10: ambulance often waited hours to be admitted. 89 00:04:05,320 --> 00:04:08,800 Speaker 2: Finally turned to pop a cork. Three Appolian businessman Suhu 90 00:04:08,880 --> 00:04:11,280 Speaker 2: Conten he bought a bottle of eighteen ninety nine or 91 00:04:11,280 --> 00:04:13,600 Speaker 2: Onminy Conti for his fiftieth He got it from the chateau, 92 00:04:13,640 --> 00:04:15,760 Speaker 2: which is a big dealing in terms of providence. It 93 00:04:15,840 --> 00:04:17,680 Speaker 2: was a private sale that experts at the time he 94 00:04:17,760 --> 00:04:20,040 Speaker 2: did this last year. Experts at the time reckon it 95 00:04:20,120 --> 00:04:22,559 Speaker 2: was worth about a little bit over two hundred thousand dollars, 96 00:04:22,960 --> 00:04:25,599 Speaker 2: So he said, too many good bottles are never opened. 97 00:04:25,800 --> 00:04:27,640 Speaker 2: And despite many arguing, what are you talking about two 98 00:04:27,680 --> 00:04:29,400 Speaker 2: hudred thousand dollars, you got to keep it anyway, he said, 99 00:04:29,440 --> 00:04:32,440 Speaker 2: popping the cork is a sign of respect for the 100 00:04:32,520 --> 00:04:35,520 Speaker 2: vineyard and its workers. And what was revealed was warm, 101 00:04:36,320 --> 00:04:39,039 Speaker 2: with evolved notes of dried flowers, tea and preserved hum 102 00:04:39,440 --> 00:04:42,400 Speaker 2: with the purity and elegance beyond comprehension. 103 00:04:42,720 --> 00:04:44,359 Speaker 3: And all these news of the world in. 104 00:04:44,480 --> 00:04:48,200 Speaker 2: Ninety just not the Bank of e overnight European Central Bank, 105 00:04:48,240 --> 00:04:50,800 Speaker 2: they held Sweden's Bank and the Swiss National Bank now 106 00:04:50,839 --> 00:04:58,200 Speaker 2: the Swiss National Bank in Switzerland. Fascinating, they are increasingly 107 00:04:58,400 --> 00:05:01,279 Speaker 2: willing to intervene in foreign extreme market. So the Swiss 108 00:05:01,320 --> 00:05:03,000 Speaker 2: Frank traditionally is a bit of a safe haven when 109 00:05:03,000 --> 00:05:05,880 Speaker 2: the world goes to you know what. The problem with 110 00:05:05,960 --> 00:05:08,760 Speaker 2: that is Trump doesn't like it, so he repeatedly accuses 111 00:05:08,800 --> 00:05:12,520 Speaker 2: them of unfair currency practices. They're holding their key rate 112 00:05:12,600 --> 00:05:16,359 Speaker 2: at zero, So watch this space. Twelve past six. 113 00:05:18,480 --> 00:05:23,120 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, How 114 00:05:23,360 --> 00:05:24,400 Speaker 1: My News Talks. 115 00:05:24,160 --> 00:05:29,440 Speaker 2: EPI Uber good news for Rivian, so Uber's announced over 116 00:05:29,560 --> 00:05:32,400 Speaker 2: night one point two five billion four Ribbean. Rivian needs 117 00:05:32,440 --> 00:05:34,760 Speaker 2: help because they make electric cars and they're not I mean, 118 00:05:34,800 --> 00:05:36,320 Speaker 2: they may make a great electric car, but they're not 119 00:05:36,360 --> 00:05:37,800 Speaker 2: making a lot of money anyway. So they want to 120 00:05:37,839 --> 00:05:40,480 Speaker 2: make fifty thousand robo taxes by twenty thirty one, so 121 00:05:40,560 --> 00:05:45,040 Speaker 2: they're probably grateful for the input. Fifteen Passing Partners Andrew 122 00:05:45,080 --> 00:05:47,240 Speaker 2: Keller had good morning, Yeah, very good morning, mane. Now 123 00:05:47,240 --> 00:05:48,520 Speaker 2: whe's point five go mate? 124 00:05:48,560 --> 00:05:49,200 Speaker 3: What happened here? 125 00:05:49,920 --> 00:05:53,160 Speaker 11: There was absolutely no room for an optimistic take. Yesterday 126 00:05:53,320 --> 00:05:55,360 Speaker 11: was the no that was well off the mark. I 127 00:05:55,440 --> 00:05:57,720 Speaker 11: think I was just as it was a misguided attempt 128 00:05:58,040 --> 00:06:00,520 Speaker 11: to be optimistic in a sea of gloom. 129 00:06:01,760 --> 00:06:02,760 Speaker 3: So no got that wrong. 130 00:06:03,320 --> 00:06:05,720 Speaker 11: GDP came in at zero point two percent, very much 131 00:06:05,800 --> 00:06:09,520 Speaker 11: at the lower end of recently revised expectations, wouldn't I 132 00:06:09,600 --> 00:06:12,160 Speaker 11: will make the point mic it was zero point two 133 00:06:12,279 --> 00:06:15,000 Speaker 11: four eight, so it was very close to being rounded 134 00:06:15,080 --> 00:06:16,160 Speaker 11: up to zero point three. 135 00:06:18,200 --> 00:06:19,280 Speaker 3: There was a downard. 136 00:06:18,920 --> 00:06:21,320 Speaker 11: Revision to Q three as well, so from one point 137 00:06:21,400 --> 00:06:23,920 Speaker 11: one down to zero point nine annual change one point 138 00:06:24,000 --> 00:06:27,640 Speaker 11: three percent GDP per capital is flat. Let's cheer what 139 00:06:27,760 --> 00:06:31,120 Speaker 11: we can, Mike. There were some technical factors in there 140 00:06:31,160 --> 00:06:34,119 Speaker 11: that affected the numbers. So you get this problematic balancing item, 141 00:06:34,200 --> 00:06:36,720 Speaker 11: which is the discrepancy between the sort of the sum 142 00:06:36,800 --> 00:06:39,920 Speaker 11: of the parts and the total the total GDP number. 143 00:06:39,960 --> 00:06:41,320 Speaker 3: That was a that was a drag. 144 00:06:41,360 --> 00:06:43,200 Speaker 11: There was also quite a big drag from what's called 145 00:06:43,360 --> 00:06:47,919 Speaker 11: unallocated taxes, but sort of I was supposed to further 146 00:06:48,000 --> 00:06:50,400 Speaker 11: look at what positives we can find. There was a 147 00:06:50,480 --> 00:06:52,880 Speaker 11: positive impact from tourism and the number there. You can 148 00:06:53,000 --> 00:06:57,719 Speaker 11: see the contribution from the primary industries, big lifting contribution 149 00:06:57,839 --> 00:07:00,320 Speaker 11: from mining, which I think was a little unexpected, but 150 00:07:00,400 --> 00:07:02,159 Speaker 11: primary industry was up zero pot nine percent. 151 00:07:02,240 --> 00:07:04,359 Speaker 3: Construction sector was a drag. 152 00:07:04,560 --> 00:07:06,480 Speaker 11: I think the warning flag was there and that building 153 00:07:06,520 --> 00:07:08,680 Speaker 11: work put in place. Number for Q four that was 154 00:07:08,760 --> 00:07:11,640 Speaker 11: quite a bit weaker than expected. The services sector did 155 00:07:11,720 --> 00:07:13,600 Speaker 11: grow a little more than expected. It's a big part 156 00:07:13,640 --> 00:07:16,120 Speaker 11: of the economy, if you want to sort of a 157 00:07:16,320 --> 00:07:20,400 Speaker 11: summary takeaway, the water cooler takeaway. Despite the technical factors, 158 00:07:20,680 --> 00:07:23,160 Speaker 11: the economy did grow in the second half of the year, 159 00:07:23,200 --> 00:07:25,720 Speaker 11: it was just a little weaker than expected. So we 160 00:07:25,800 --> 00:07:28,880 Speaker 11: don't have the momentum coming from Q four that we 161 00:07:29,040 --> 00:07:32,040 Speaker 11: thought we had. If anything, again, if we're trying to 162 00:07:32,080 --> 00:07:34,360 Speaker 11: look for positives here, it gives the rbn Z a 163 00:07:34,480 --> 00:07:36,360 Speaker 11: bit more rope to play with in terms of how 164 00:07:36,440 --> 00:07:39,520 Speaker 11: to react to the current or the forward looking situation. 165 00:07:39,680 --> 00:07:43,000 Speaker 11: Given the economies growing at a slow place, so presumably 166 00:07:43,800 --> 00:07:46,520 Speaker 11: the spare capacity in economy isn't getting used up quite 167 00:07:46,560 --> 00:07:49,480 Speaker 11: as quickly. I don't think it's a real game changer 168 00:07:49,520 --> 00:07:52,680 Speaker 11: for them because they've just got so much uncertainty in 169 00:07:52,720 --> 00:07:54,560 Speaker 11: front of their conundrum. Is really what happens in the 170 00:07:54,640 --> 00:07:58,600 Speaker 11: next few weeks the government point of view, Mike, it's 171 00:07:58,600 --> 00:08:02,080 Speaker 11: another head wind, isn't it for them? It's highly likely 172 00:08:02,120 --> 00:08:05,040 Speaker 11: the economy will take a hit from the Middle East conflict, 173 00:08:05,120 --> 00:08:07,920 Speaker 11: so it just leads into more economic disruption. I hope 174 00:08:07,960 --> 00:08:10,480 Speaker 11: to say it as the election looms, you're not. You know, 175 00:08:10,600 --> 00:08:14,360 Speaker 11: you've got economic uncertainty. So yeah, all in a little 176 00:08:14,360 --> 00:08:18,120 Speaker 11: bit disappointing, but hopefully we get the growth in twenty 177 00:08:18,680 --> 00:08:20,080 Speaker 11: twenty six that we're looking for. 178 00:08:20,280 --> 00:08:22,040 Speaker 2: So we're hanging on to twenty six, now, are we? 179 00:08:22,360 --> 00:08:22,600 Speaker 12: We are? 180 00:08:23,080 --> 00:08:23,320 Speaker 5: We are? 181 00:08:23,880 --> 00:08:24,000 Speaker 6: Now? 182 00:08:24,280 --> 00:08:26,200 Speaker 2: So the Fed under I mean, who would be a 183 00:08:26,280 --> 00:08:27,760 Speaker 2: central banker for goodness sake. 184 00:08:27,840 --> 00:08:31,200 Speaker 11: It's a very difficult situation for central bankers. So they 185 00:08:31,280 --> 00:08:32,959 Speaker 11: left it not long after we spoke you, So the 186 00:08:33,040 --> 00:08:35,880 Speaker 11: left rates unchanged. If I look at their statement, they 187 00:08:35,960 --> 00:08:39,920 Speaker 11: said economic activity expanding at a solid pace, Inflation remains 188 00:08:39,960 --> 00:08:45,960 Speaker 11: somewhat elevated. Uncertainty, the uncertainty about the economic outlook remains elevated. 189 00:08:46,720 --> 00:08:49,440 Speaker 11: Implications of developments in the Middle East are uncertain. 190 00:08:49,520 --> 00:08:49,920 Speaker 5: That is the. 191 00:08:50,080 --> 00:08:54,040 Speaker 11: Buzzword of the moment, Mike uncertain and elevated is too. 192 00:08:54,720 --> 00:08:55,320 Speaker 3: If you look at the. 193 00:08:55,400 --> 00:08:59,560 Speaker 11: Dot plots in both twenty twenty six and twenty twenty seven, 194 00:08:59,679 --> 00:09:03,160 Speaker 11: only one interest rate cut is suggested. That's a long 195 00:09:03,240 --> 00:09:05,400 Speaker 11: way from what President Trump thinks should be the track 196 00:09:05,559 --> 00:09:07,800 Speaker 11: of official interest rates. But also if I look at 197 00:09:07,800 --> 00:09:11,600 Speaker 11: the actual futures market, it's only pricing one cut over 198 00:09:11,679 --> 00:09:14,880 Speaker 11: the whole of those two years. At the press conference 199 00:09:15,000 --> 00:09:17,760 Speaker 11: Key takeaways, he did say the policy rate was at 200 00:09:17,760 --> 00:09:20,280 Speaker 11: the upper end of the neutral range, so it's slightly restrictive. 201 00:09:20,960 --> 00:09:23,200 Speaker 11: They did talk about rate hikes, decided they didn't need 202 00:09:23,240 --> 00:09:26,080 Speaker 11: to go there. He says energy prices will push up inflation. 203 00:09:26,600 --> 00:09:29,439 Speaker 11: He importantly the supply shock is a one off event. 204 00:09:30,080 --> 00:09:31,880 Speaker 11: What you've got to worry about is the second round effect. 205 00:09:31,880 --> 00:09:34,240 Speaker 11: The US economy rangs strong, and he also said he 206 00:09:34,320 --> 00:09:37,400 Speaker 11: isn't going anywhere. He's not leaving. He's not going to 207 00:09:37,440 --> 00:09:39,160 Speaker 11: get pushed out. If I just look at how the 208 00:09:39,280 --> 00:09:42,679 Speaker 11: market reacted, might just sort of take away pause here. 209 00:09:43,080 --> 00:09:45,120 Speaker 11: At the end of February, the US two year rate 210 00:09:45,280 --> 00:09:47,800 Speaker 11: was at three point three seven. At the moment it's 211 00:09:47,840 --> 00:09:49,920 Speaker 11: at three point eighty five. It's gone on as fifty 212 00:09:50,040 --> 00:09:53,559 Speaker 11: basis points since the end of February. The US ten 213 00:09:53,679 --> 00:09:56,199 Speaker 11: uere getting up towards four point three percent. Both of 214 00:09:56,240 --> 00:09:57,840 Speaker 11: those at the top of the range we've seen them 215 00:09:57,880 --> 00:10:01,040 Speaker 11: at over the last six months. It's a lower and 216 00:10:01,240 --> 00:10:04,079 Speaker 11: the US dollar is stronger. So look, it's all looking 217 00:10:04,200 --> 00:10:05,080 Speaker 11: a little bit grim. 218 00:10:05,440 --> 00:10:08,920 Speaker 3: Yes, it is. Give me some numbers. Yeah, So in 219 00:10:08,960 --> 00:10:10,079 Speaker 3: the last twenty four hours Mike. 220 00:10:10,120 --> 00:10:13,360 Speaker 11: This sort of been this realization that this maybe isn't 221 00:10:13,400 --> 00:10:16,120 Speaker 11: going quite as well for the US presidents he thinks 222 00:10:16,160 --> 00:10:18,839 Speaker 11: it is, and so share markets have actually reacted. It's 223 00:10:18,880 --> 00:10:20,360 Speaker 11: been a tough last twenty four hours. 224 00:10:21,000 --> 00:10:22,280 Speaker 3: The dal Jones is. 225 00:10:22,320 --> 00:10:25,080 Speaker 11: Down point eight six percent three hundred ninety eight points 226 00:10:25,160 --> 00:10:27,520 Speaker 11: four five eight two six, The S and P five 227 00:10:27,600 --> 00:10:30,440 Speaker 11: hundred is down three quarters of percent sixty five seven four, 228 00:10:30,880 --> 00:10:33,760 Speaker 11: and the Nastaq is down point eight nine as one 229 00:10:33,800 --> 00:10:36,079 Speaker 11: hundred and ninety five points twenty one, nine hundred and 230 00:10:36,120 --> 00:10:39,560 Speaker 11: fifty seven. But global markets were weak. The forty one 231 00:10:39,640 --> 00:10:41,960 Speaker 11: hundred down over two percent two hundred and forty one 232 00:10:42,000 --> 00:10:45,480 Speaker 11: points ten thousand and sixty three. The Nick yesterday down 233 00:10:45,880 --> 00:10:49,000 Speaker 11: one thousand, eight hundred and sixty six points three point 234 00:10:49,080 --> 00:10:52,000 Speaker 11: four percent fifty three thousand, three hundred and seventy two. 235 00:10:52,400 --> 00:10:55,959 Speaker 11: The Shanghai composite fell fifty six points four double six. 236 00:10:56,080 --> 00:10:58,840 Speaker 11: The Ossie's got smacked yesterday one point sixty five percent 237 00:10:59,240 --> 00:11:01,520 Speaker 11: eight four nine seven. The New Zealand market was quite 238 00:11:01,559 --> 00:11:05,560 Speaker 11: weak yesterday, lost almost two percent two hundred and sixty 239 00:11:05,600 --> 00:11:09,120 Speaker 11: three points thirteen thou fifty one. Kiwi dollar point five 240 00:11:09,120 --> 00:11:12,120 Speaker 11: to eight three six against the US point eight two 241 00:11:12,320 --> 00:11:14,679 Speaker 11: eighty four against the Ossie has rebound a little bit there, 242 00:11:15,000 --> 00:11:16,880 Speaker 11: point five to six to one against the Euro, point 243 00:11:16,880 --> 00:11:18,520 Speaker 11: four to three sixty seven against the pound. 244 00:11:18,840 --> 00:11:19,920 Speaker 3: Ninety two point twenty five. 245 00:11:20,040 --> 00:11:23,520 Speaker 11: Japanese end gold has fallen four thousand, five hundred and 246 00:11:23,559 --> 00:11:26,959 Speaker 11: eighty nine dollars and Brent crude as we look at it, 247 00:11:27,800 --> 00:11:30,520 Speaker 11: one hundred and nine dollars and sixty three cents. 248 00:11:30,600 --> 00:11:32,599 Speaker 2: YEO, good weekend, mat appreciate it as always sure in 249 00:11:32,679 --> 00:11:36,560 Speaker 2: partners Andrew Keller see who is doing well the music industry? 250 00:11:36,640 --> 00:11:40,559 Speaker 2: The international it's the industry's Global Music Report from the 251 00:11:40,600 --> 00:11:45,840 Speaker 2: International Federation of the Phonographic Industry. So recorded music revenues 252 00:11:45,920 --> 00:11:48,680 Speaker 2: last year all over the world grew six point four percent. 253 00:11:48,880 --> 00:11:51,680 Speaker 2: It's a fifty billion dollar a year industry and that's 254 00:11:51,720 --> 00:11:54,240 Speaker 2: its eleventh consecutive year of growth. 255 00:11:54,800 --> 00:11:56,000 Speaker 3: So you can't argue with that, can you? 256 00:11:56,080 --> 00:12:03,040 Speaker 2: Six twenty one and a half at News Talks, Vyo. 257 00:12:02,360 --> 00:12:06,200 Speaker 1: Love Mike Hosking Breakfast, a full show podcast on iHeartRadio 258 00:12:06,520 --> 00:12:07,600 Speaker 1: powered by News Talks. 259 00:12:07,600 --> 00:12:10,440 Speaker 2: At b Jersey died for Trump. He's starting to lose 260 00:12:10,480 --> 00:12:13,000 Speaker 2: control of the narrative around this war. He's off to 261 00:12:13,040 --> 00:12:15,400 Speaker 2: meet the oil executive shortly, but he was on the 262 00:12:15,480 --> 00:12:18,079 Speaker 2: yellow chairs earlier with Takaichi, but he had to talk 263 00:12:18,080 --> 00:12:19,000 Speaker 2: about the war generally. 264 00:12:19,800 --> 00:12:22,240 Speaker 3: S and P had just hit seven thousand. 265 00:12:22,320 --> 00:12:25,000 Speaker 13: They said that was even more impossible than the Dow 266 00:12:25,120 --> 00:12:25,760 Speaker 13: hitting fifty. 267 00:12:26,440 --> 00:12:28,520 Speaker 3: And we did that in one year. So it's all done. 268 00:12:29,120 --> 00:12:32,160 Speaker 13: Everything was going great, the economy is great. Oil prices 269 00:12:32,200 --> 00:12:35,440 Speaker 13: were very low, Gasoline was dropping to I mean. 270 00:12:35,400 --> 00:12:38,720 Speaker 3: We had a dollar ninety nine dollars eighty five. 271 00:12:38,840 --> 00:12:42,079 Speaker 13: We had great everything. And I saw what was happening 272 00:12:42,200 --> 00:12:45,880 Speaker 13: in Iran, and I said, I hate to make this excursion, 273 00:12:45,960 --> 00:12:47,839 Speaker 13: but we're going to have to do it. And I 274 00:12:47,920 --> 00:12:50,319 Speaker 13: actually thought the numbers would be worse. I thought that 275 00:12:50,800 --> 00:12:52,520 Speaker 13: it would go up more than it did. 276 00:12:53,240 --> 00:12:57,520 Speaker 1: Trending now with the chemist, well house keeping, Kiwi's healthy. 277 00:12:57,440 --> 00:12:58,200 Speaker 5: All year round. 278 00:12:58,320 --> 00:12:58,800 Speaker 3: Come back to that. 279 00:12:58,880 --> 00:13:00,640 Speaker 2: Tam rockwall is back by the He's got a movie, 280 00:13:00,720 --> 00:13:04,640 Speaker 2: Wild Horse nine Duck comedy. Cia Duo sent toy Store 281 00:13:04,679 --> 00:13:06,880 Speaker 2: Island for a holiday ahead of the nineteen seventy three 282 00:13:06,960 --> 00:13:07,680 Speaker 2: Chilean coup. 283 00:13:09,240 --> 00:13:13,040 Speaker 3: You're always eating, you never stopped eating. Stop yeah, if 284 00:13:13,120 --> 00:13:16,719 Speaker 3: you're sleeping or if you're shooting a guy Chris run 285 00:13:16,800 --> 00:13:19,000 Speaker 3: an airplane al right, I don't pull rank on me. 286 00:13:19,280 --> 00:13:22,559 Speaker 3: I've killed people in countries. You can't even spell name 287 00:13:22,600 --> 00:13:25,160 Speaker 3: one country you killed someone in, then I can't spell 288 00:13:25,400 --> 00:13:29,480 Speaker 3: checkers Slovakia. All right, listen, can we just keep a 289 00:13:29,559 --> 00:13:32,800 Speaker 3: little bit of a low profile while we're here? We 290 00:13:33,000 --> 00:13:38,240 Speaker 3: are the Yeah, we're totally this. See we're not the CIA. 291 00:13:40,440 --> 00:13:42,079 Speaker 2: Your country is gonna be absolutely fine. 292 00:13:44,160 --> 00:13:48,000 Speaker 3: Hello, where's big Mouth his next door? We hear he's 293 00:13:48,040 --> 00:13:51,760 Speaker 3: been acting problematic again problematic? No, he's acting the same 294 00:13:51,840 --> 00:13:53,439 Speaker 3: exact pan as he's always acting. 295 00:13:53,880 --> 00:13:57,400 Speaker 2: Rockwell and Melkovich, John Milkovich. Who else we got? We've 296 00:13:57,400 --> 00:14:01,200 Speaker 2: got Tom Waite's Parker Posey Theatres November the sixth, interesting report. 297 00:14:01,240 --> 00:14:03,280 Speaker 3: We'll get into it in the moment. News that's not news. 298 00:14:04,080 --> 00:14:06,600 Speaker 2: The cost of running of farms become structural. So prices 299 00:14:06,679 --> 00:14:08,839 Speaker 2: go up. Are they structural or just inflation? So, in 300 00:14:08,880 --> 00:14:10,720 Speaker 2: other words, when a council says your rates to write 301 00:14:10,720 --> 00:14:13,719 Speaker 2: your insurance is up, the cost of fertilizer is up. 302 00:14:13,679 --> 00:14:15,320 Speaker 3: Does it ever go back down? Very rarely? 303 00:14:15,400 --> 00:14:18,080 Speaker 2: Therefore that cost becomes structural. That's not really the news. 304 00:14:18,160 --> 00:14:20,960 Speaker 2: What I found interesting in the report is the gap 305 00:14:21,040 --> 00:14:23,640 Speaker 2: between the good farms and the not so good farms 306 00:14:23,800 --> 00:14:27,080 Speaker 2: is not only wide, but it's growing in certain sectors. 307 00:14:27,120 --> 00:14:29,800 Speaker 2: So that's productivity. So when we ask what is productivity, 308 00:14:30,240 --> 00:14:32,440 Speaker 2: that's a good example of it. So why aren't the 309 00:14:32,520 --> 00:14:34,640 Speaker 2: poor farms doing better? Is it because they don't know? 310 00:14:34,760 --> 00:14:34,920 Speaker 6: How? 311 00:14:35,120 --> 00:14:37,320 Speaker 2: Is it because they don't want to? But the gap 312 00:14:37,480 --> 00:14:39,600 Speaker 2: is there, so there is potential for growth. So we'll 313 00:14:39,640 --> 00:14:41,680 Speaker 2: talk more about that in just a couple of moments. 314 00:14:41,920 --> 00:14:43,440 Speaker 2: Then the story, I don't know why it's not more 315 00:14:43,480 --> 00:14:46,640 Speaker 2: widely reported. South Korea, who we get our petrol from, 316 00:14:46,680 --> 00:14:48,880 Speaker 2: along with Singapore, are looking to buy a Russian oil. 317 00:14:49,720 --> 00:14:51,560 Speaker 2: So if they're looking to buy a Russian oil, where 318 00:14:51,560 --> 00:14:53,520 Speaker 2: does that sit with us? The primement is stry. Note 319 00:14:53,600 --> 00:14:55,560 Speaker 2: yesterday said no, we're not going to buy a Russian oil, 320 00:14:55,600 --> 00:14:57,480 Speaker 2: But if you're buying from South Korea, how do you 321 00:14:57,520 --> 00:15:01,720 Speaker 2: know it's Russian oil or not? And does anybody care anymore? 322 00:15:02,280 --> 00:15:04,600 Speaker 2: So that's still to come on the program. Nikola Willis's 323 00:15:04,640 --> 00:15:06,040 Speaker 2: with us after seven o'clock this. 324 00:15:06,120 --> 00:15:10,960 Speaker 1: Month, the newsmakers and the personalities, the big names talk 325 00:15:11,240 --> 00:15:14,320 Speaker 1: to Mike the mic Hosking Breakfast with Ranger of a 326 00:15:14,440 --> 00:15:18,840 Speaker 1: Sport SV The Ultimate Performance SUV News togsad b're not. 327 00:15:18,880 --> 00:15:21,720 Speaker 2: Traveling in America at the moment because the weight with 328 00:15:21,840 --> 00:15:25,600 Speaker 2: the partial strike is increasingly disastrous. So we'll have a 329 00:15:25,640 --> 00:15:27,600 Speaker 2: look at that with Richard. Obviously, the war shortly meantime 330 00:15:27,600 --> 00:15:29,400 Speaker 2: of twenty three minutes away from seven. I alluded to 331 00:15:29,480 --> 00:15:32,120 Speaker 2: this before the news later stands at agri Insights, it 332 00:15:32,160 --> 00:15:34,200 Speaker 2: tells us the cost of running farm twenty five percent 333 00:15:34,320 --> 00:15:38,160 Speaker 2: higher than post COVID. These costs not inflationary, they're structural. 334 00:15:38,280 --> 00:15:40,640 Speaker 2: More interesting for me was the bit that tells us productivity. 335 00:15:40,680 --> 00:15:41,920 Speaker 2: The productivity gap is large. 336 00:15:41,960 --> 00:15:42,080 Speaker 1: Now. 337 00:15:42,160 --> 00:15:45,560 Speaker 2: Doctor Jacqueline Roweth, Adjunct Professor of Course at Agrascience in 338 00:15:45,640 --> 00:15:48,400 Speaker 2: Aggrascience at Lincoln University is back where it's Jacqueline, very 339 00:15:48,440 --> 00:15:51,000 Speaker 2: good morning to you, Good morning to you. Make the 340 00:15:51,120 --> 00:15:54,760 Speaker 2: twenty five percent is that just a reflection of life. 341 00:15:54,800 --> 00:15:57,240 Speaker 2: I mean, whether it's a farm or a house, stuff 342 00:15:57,320 --> 00:15:59,000 Speaker 2: goes up and stays up, and that's the way the 343 00:15:59,080 --> 00:15:59,760 Speaker 2: economy works. 344 00:16:00,440 --> 00:16:02,880 Speaker 14: Yes, and houses has actually gone a lot more. But 345 00:16:03,000 --> 00:16:06,520 Speaker 14: at the same time wages go up, and so overall 346 00:16:07,080 --> 00:16:11,239 Speaker 14: it is the farmer who buys retail and sells wholefale 347 00:16:11,680 --> 00:16:14,280 Speaker 14: that is feed feeling the pinch and that's what these 348 00:16:14,400 --> 00:16:14,920 Speaker 14: data show. 349 00:16:15,320 --> 00:16:19,600 Speaker 2: Does the cost vary from sector to sector in this report, yes, 350 00:16:20,000 --> 00:16:20,600 Speaker 2: and we. 351 00:16:20,680 --> 00:16:22,880 Speaker 14: Look at poor old pit fruit. During the time since 352 00:16:22,960 --> 00:16:26,600 Speaker 14: COVID until twenty twenty four, pit fruits costs went up 353 00:16:27,080 --> 00:16:31,120 Speaker 14: eleven percent, but here we fruit forty nine percent and 354 00:16:31,280 --> 00:16:35,040 Speaker 14: therey of course are staple thirty one. So we are 355 00:16:35,640 --> 00:16:39,160 Speaker 14: always under pressure. And that's why productivity is so important. 356 00:16:39,360 --> 00:16:39,680 Speaker 3: Exactly. 357 00:16:39,760 --> 00:16:41,760 Speaker 2: I'll come back to that in the moment, and can 358 00:16:41,840 --> 00:16:45,760 Speaker 2: we how much is it counteracted by returns? So in 359 00:16:45,800 --> 00:16:47,520 Speaker 2: other words, yes, it's up twenty five percent, but there 360 00:16:47,560 --> 00:16:49,880 Speaker 2: are certain people in certain sectors who are who are laughing? 361 00:16:50,080 --> 00:16:50,400 Speaker 5: Are they? 362 00:16:51,600 --> 00:16:53,920 Speaker 14: I don't think laughing would be quite the word, But 363 00:16:54,120 --> 00:16:58,080 Speaker 14: certainly some sectors on their land, which might well have 364 00:16:58,160 --> 00:17:01,400 Speaker 14: cost more in the beginning than some other land, they 365 00:17:01,440 --> 00:17:05,160 Speaker 14: are getting better returns per hectare. And yes, the gap 366 00:17:05,240 --> 00:17:08,920 Speaker 14: between the PLoP farmers and the average farmers has increased. 367 00:17:09,520 --> 00:17:14,000 Speaker 2: Okay, So is that no one within farming accepted within farming? 368 00:17:14,160 --> 00:17:16,119 Speaker 2: And does anybody do anything about it? 369 00:17:16,359 --> 00:17:16,800 Speaker 3: Or you can? 370 00:17:17,960 --> 00:17:19,240 Speaker 5: Now we can, and. 371 00:17:19,359 --> 00:17:21,960 Speaker 14: That's the role of the levy bodies like Beef and 372 00:17:22,040 --> 00:17:26,280 Speaker 14: Lamb Dairy ENZ Foundation for Arable Research. We collect a 373 00:17:26,400 --> 00:17:31,000 Speaker 14: levee from every kilo or product really and then invest 374 00:17:31,080 --> 00:17:34,159 Speaker 14: it back in terms of science for the farmers and 375 00:17:34,560 --> 00:17:37,879 Speaker 14: often work with MPI on that and be aside the 376 00:17:38,000 --> 00:17:42,040 Speaker 14: new science organizations to try and increase productivity for the 377 00:17:42,119 --> 00:17:44,920 Speaker 14: farmers and run a lot of discussion groups, for instance, 378 00:17:45,040 --> 00:17:49,920 Speaker 14: which say this person is achieving this much or this productivity, 379 00:17:50,160 --> 00:17:52,359 Speaker 14: how's he doing it? Or she doing it? And then 380 00:17:52,440 --> 00:17:54,919 Speaker 14: the explanations start and farmers will go back to their 381 00:17:54,960 --> 00:17:57,960 Speaker 14: own place and think what that would work online? 382 00:17:58,400 --> 00:18:01,320 Speaker 2: And though, don't you isn't that the same as it's 383 00:18:01,400 --> 00:18:03,200 Speaker 2: like you know, people who get out there in a 384 00:18:03,280 --> 00:18:05,760 Speaker 2: job and a productive and into life. This is the 385 00:18:05,800 --> 00:18:07,520 Speaker 2: person who can't be bothered happy on the benefit. 386 00:18:07,640 --> 00:18:08,879 Speaker 3: Is it like that in farming? 387 00:18:09,720 --> 00:18:13,800 Speaker 14: No, I have over four I've been here fifty years, 388 00:18:13,920 --> 00:18:17,360 Speaker 14: and I have the number of farmers that I've met 389 00:18:17,440 --> 00:18:21,560 Speaker 14: that are not interested in productivity gains, going ever better 390 00:18:22,320 --> 00:18:26,879 Speaker 14: is things of one hand, most of them are highly competitive. 391 00:18:26,960 --> 00:18:29,320 Speaker 14: That's why they're looking over the neighbor's fence all the 392 00:18:29,400 --> 00:18:31,280 Speaker 14: time and they're wondering, how did. 393 00:18:31,320 --> 00:18:32,240 Speaker 5: He she do that. 394 00:18:32,520 --> 00:18:34,600 Speaker 14: I want to look and have my paddockts and my 395 00:18:35,200 --> 00:18:37,439 Speaker 14: orchards look as good as that. What do I need 396 00:18:37,560 --> 00:18:42,560 Speaker 14: to do to increase my farm or my orchard or whatever? 397 00:18:42,760 --> 00:18:45,399 Speaker 14: How can I do it? And they are this is 398 00:18:46,119 --> 00:18:49,920 Speaker 14: why we're in New Zealand. We're all innovatives, entrepreneurs and 399 00:18:50,160 --> 00:18:51,879 Speaker 14: trying to do better for our families. 400 00:18:52,160 --> 00:18:54,800 Speaker 2: Fantastic Jackuel and good inside as always, Doctor Jacquelin Row 401 00:18:54,840 --> 00:18:57,360 Speaker 2: at the Edge and Professor Negro Science at Lincoln the University. 402 00:18:57,440 --> 00:19:01,560 Speaker 2: Speaking of which, Mike Casey, the electric guy from Central 403 00:19:01,560 --> 00:19:03,600 Speaker 2: Otago with the cherries and all that. He was one 404 00:19:03,600 --> 00:19:05,119 Speaker 2: of the winners at the New Zealander of the Year 405 00:19:05,160 --> 00:19:07,760 Speaker 2: award last night. Not the big winner. The big winner 406 00:19:07,840 --> 00:19:09,840 Speaker 2: was Rod Drury. He's with us in about an hour's time. 407 00:19:09,880 --> 00:19:14,440 Speaker 1: Twenty two The Mic Hosking Breakfast Full Show podcast on 408 00:19:14,720 --> 00:19:17,200 Speaker 1: iHeartRadio powered by News Talks EPI. 409 00:19:18,880 --> 00:19:20,680 Speaker 2: Right bit of flat white talk for you for a moment, 410 00:19:20,760 --> 00:19:23,760 Speaker 2: Because if you love diary but lactose doesn't love your back, 411 00:19:24,160 --> 00:19:25,639 Speaker 2: very good news for you this morning, anchor. 412 00:19:25,800 --> 00:19:26,960 Speaker 3: Zero lacto milk. 413 00:19:27,080 --> 00:19:30,560 Speaker 2: Now that is real dairy milk, same cafe quality flat 414 00:19:30,600 --> 00:19:32,680 Speaker 2: white that you've always loved, right in your own kitchen 415 00:19:32,720 --> 00:19:34,800 Speaker 2: every single morning. Because you shouldn't have to give up 416 00:19:34,840 --> 00:19:37,600 Speaker 2: the things you love just because of lactose sensitivity. So 417 00:19:37,760 --> 00:19:40,680 Speaker 2: anchor zero lactose milk, it is the real thing. It 418 00:19:40,880 --> 00:19:42,920 Speaker 2: just doesn't come with a lactose. So you don't have 419 00:19:42,960 --> 00:19:45,600 Speaker 2: to give up anything you love just because lactose doesn't 420 00:19:45,600 --> 00:19:47,840 Speaker 2: agree with you. So if your lactose intolerant, you can 421 00:19:47,920 --> 00:19:50,000 Speaker 2: still enjoy the real milk every day in the same 422 00:19:50,040 --> 00:19:51,919 Speaker 2: way that you always have. Try it in the morning coffee, 423 00:19:52,160 --> 00:19:54,640 Speaker 2: do the flat white, do the bowl of cereal, put 424 00:19:54,680 --> 00:19:56,720 Speaker 2: it in your baking and once you do, you don't 425 00:19:56,720 --> 00:19:59,440 Speaker 2: look back. Real dairy taste back where it belongs. Anchor 426 00:19:59,560 --> 00:20:02,600 Speaker 2: zero lect milk, real dairy taste. You can enjoy it again. 427 00:20:03,960 --> 00:20:07,399 Speaker 2: Pasky clean your winners and innovators. Rocket Lab the biggest 428 00:20:07,400 --> 00:20:09,840 Speaker 2: contract ere by three hundred and twenty seven million dollars 429 00:20:09,920 --> 00:20:13,720 Speaker 2: with the Department of War. No less HIGSETH series of 430 00:20:13,800 --> 00:20:18,639 Speaker 2: hypersonic test flights lifts its total order backlog this is 431 00:20:18,760 --> 00:20:22,600 Speaker 2: rocket Lab to three point four to four billion dollars. 432 00:20:23,320 --> 00:20:25,639 Speaker 2: So this deals a four year deal. Twenty test flights 433 00:20:25,720 --> 00:20:30,920 Speaker 2: on their hypersonic accelerator Suborbital Test Electron otherwise known as HASTE, 434 00:20:31,480 --> 00:20:33,680 Speaker 2: payloads of up to seven hundred kilograms at speeds of 435 00:20:33,720 --> 00:20:36,719 Speaker 2: mac five. He's a former New Zealander of the Year, 436 00:20:36,760 --> 00:20:38,359 Speaker 2: isn't he clear a bit? I think he is either that? 437 00:20:38,480 --> 00:20:38,879 Speaker 5: What was he? 438 00:20:39,200 --> 00:20:41,800 Speaker 2: Was he Sportsman of the Year or one lot? He 439 00:20:41,880 --> 00:20:43,359 Speaker 2: did something six forty. 440 00:20:43,119 --> 00:20:47,320 Speaker 15: Five International correspondence with ends and eye Insurance, peace of 441 00:20:47,440 --> 00:20:50,920 Speaker 15: mind for New Zealand business d Good morning, good money mate. 442 00:20:50,960 --> 00:20:52,400 Speaker 2: So all we got to do is secure the straight 443 00:20:52,440 --> 00:20:52,880 Speaker 2: up for Merson. 444 00:20:52,920 --> 00:20:54,840 Speaker 3: We can go home. Is that what's happening? Simple? 445 00:20:54,960 --> 00:20:55,080 Speaker 16: Right? 446 00:20:55,200 --> 00:20:55,400 Speaker 5: Yeah? 447 00:20:56,960 --> 00:20:57,480 Speaker 2: This is oil. 448 00:20:57,560 --> 00:21:00,639 Speaker 17: Prices of spiked again after a dramatic escalation in attacks 449 00:21:00,680 --> 00:21:03,440 Speaker 17: on oil and gas facilities in the last several hours. 450 00:21:03,480 --> 00:21:07,040 Speaker 17: It started with the Israeli strike on Iran's South Park 451 00:21:07,200 --> 00:21:11,280 Speaker 17: gas field, then Iran responded with strikes on Skulf Neighbors 452 00:21:11,680 --> 00:21:14,240 Speaker 17: energy operations. Speaking from the Oval office a short time ago, 453 00:21:14,640 --> 00:21:17,240 Speaker 17: Jump suggested he had nothing to do with the Israeli 454 00:21:17,280 --> 00:21:20,520 Speaker 17: action and says he spoke with Israel's Nettanna who about it. 455 00:21:20,640 --> 00:21:23,320 Speaker 3: I told him don't do that, and he won't do that. 456 00:21:23,760 --> 00:21:25,080 Speaker 13: We didn't discuss, you know, we do. 457 00:21:26,240 --> 00:21:28,760 Speaker 3: We're independent. We get along great. 458 00:21:29,520 --> 00:21:32,679 Speaker 13: It's coordinated, but on occasion he'll do something and if 459 00:21:32,720 --> 00:21:35,760 Speaker 13: I don't like it, and so we're not doing that anymore. 460 00:21:36,359 --> 00:21:39,080 Speaker 17: Axios is reporting that a source told them the US 461 00:21:39,160 --> 00:21:41,159 Speaker 17: knew of the attack, it was not part of it, 462 00:21:41,280 --> 00:21:43,440 Speaker 17: while a couple of unnamed Israeli officials told them the 463 00:21:43,480 --> 00:21:46,479 Speaker 17: attack on the natural gas the site was approved by 464 00:21:46,600 --> 00:21:50,520 Speaker 17: and coordinated with the Trump team, so different accounts. South 465 00:21:50,600 --> 00:21:53,520 Speaker 17: Park is the world's largest natural gas field offshore in 466 00:21:53,560 --> 00:21:57,160 Speaker 17: the Persian Gulf, shared between Iran and Katta. It supplies 467 00:21:57,200 --> 00:22:00,119 Speaker 17: around seventy percent of Iran's natural gas and so it 468 00:22:00,200 --> 00:22:03,879 Speaker 17: is key to the Iranian economy. Most of their power 469 00:22:04,040 --> 00:22:07,760 Speaker 17: comes from natural gas, so that includes electricity heating. Iran 470 00:22:07,880 --> 00:22:11,439 Speaker 17: responded by striking Cutter's Liquor natural gas terminal, the world's 471 00:22:11,440 --> 00:22:15,119 Speaker 17: biggest such facility. That Iranian attack knocked out around twenty 472 00:22:15,160 --> 00:22:19,520 Speaker 17: percent of Cutter's export capacity. Its estimator repairs will take 473 00:22:19,600 --> 00:22:20,679 Speaker 17: three to five years. 474 00:22:21,320 --> 00:22:21,680 Speaker 11: As well. 475 00:22:21,880 --> 00:22:25,240 Speaker 17: Iranian drone strikes cause fires at two refineries in Kuwait 476 00:22:25,520 --> 00:22:28,040 Speaker 17: and hit an export terminal in Saudi Arabia. Trump says 477 00:22:28,080 --> 00:22:31,200 Speaker 17: on social media that Cutter knew nothing of the Israeli strike, 478 00:22:31,280 --> 00:22:34,920 Speaker 17: and says if attax on Katari energy locations continue, the 479 00:22:35,080 --> 00:22:37,800 Speaker 17: US will quote massively blow up the entirety of the 480 00:22:37,920 --> 00:22:40,960 Speaker 17: South Pass gas Field at an amount of strength and 481 00:22:41,160 --> 00:22:44,680 Speaker 17: power that Iran has never seen or witness before end quote. Meantime, 482 00:22:45,160 --> 00:22:47,280 Speaker 17: the Trump team is said to be keeping options open 483 00:22:47,320 --> 00:22:50,480 Speaker 17: when it comes to possible US military reinforcements. Trump is 484 00:22:50,520 --> 00:22:54,280 Speaker 17: said to be considering the deployment of thousands of additional 485 00:22:54,720 --> 00:22:57,480 Speaker 17: US troops. He was just questioned about. 486 00:22:57,240 --> 00:23:01,760 Speaker 12: This to contentially true for more troops than reason. 487 00:23:02,280 --> 00:23:04,640 Speaker 13: No, I'm putting troops anywhere. 488 00:23:05,160 --> 00:23:08,920 Speaker 17: If I were, it wouldn't tell you what's been canvassed 489 00:23:09,000 --> 00:23:11,160 Speaker 17: is helping to secure the passage of all tankers through 490 00:23:11,240 --> 00:23:13,640 Speaker 17: the straight up on moves with air in naval power, 491 00:23:13,680 --> 00:23:16,400 Speaker 17: and also some troops on a round shoreline. Also under 492 00:23:16,480 --> 00:23:19,560 Speaker 17: discussion is the idea of sending US ground forces to 493 00:23:19,760 --> 00:23:22,560 Speaker 17: carg Island, which is the center for ninety percent of 494 00:23:22,640 --> 00:23:25,920 Speaker 17: Iran's oil exports. Clearly a risky thought there being in 495 00:23:26,040 --> 00:23:28,440 Speaker 17: range of missiles and drones. With all that, Benagone is 496 00:23:28,480 --> 00:23:32,199 Speaker 17: seeking around two hundred billion US dollars in additional funding 497 00:23:32,400 --> 00:23:35,600 Speaker 17: for the war. Defense Secretary Hexi says. 498 00:23:35,480 --> 00:23:36,720 Speaker 3: Takes money to kill bad guys. 499 00:23:37,280 --> 00:23:40,040 Speaker 18: So we're going back to Congress and folks there to 500 00:23:40,359 --> 00:23:44,159 Speaker 18: ensure that we're properly funded for what's been done for 501 00:23:44,280 --> 00:23:45,600 Speaker 18: what we may have to do in the future. 502 00:23:46,080 --> 00:23:48,400 Speaker 17: Trump just said, quote, it's a small price to pay 503 00:23:48,560 --> 00:23:52,560 Speaker 17: to make sure that we stay tippy top two hundred billion. 504 00:23:52,800 --> 00:23:55,080 Speaker 17: This is the FED has put a freeze on reducing 505 00:23:55,280 --> 00:23:58,480 Speaker 17: interest rates, job creation here is slow to virtually zip 506 00:23:58,560 --> 00:24:02,240 Speaker 17: the US national datas past thirty nine trillion. And jd Vance, 507 00:24:02,640 --> 00:24:05,880 Speaker 17: who is publicly backing a war that he once opposed 508 00:24:05,920 --> 00:24:09,480 Speaker 17: and who fears it could torpedo his own future presidential chance. 509 00:24:09,560 --> 00:24:11,800 Speaker 17: It says, of the fuel price spikes. 510 00:24:11,480 --> 00:24:13,440 Speaker 3: This is a temporary blood and we know that we 511 00:24:13,520 --> 00:24:15,159 Speaker 3: have a problem. We're doing everything that we can't to 512 00:24:15,240 --> 00:24:15,680 Speaker 3: address it. 513 00:24:15,840 --> 00:24:16,960 Speaker 17: Feeling the pressure is he. 514 00:24:18,600 --> 00:24:21,000 Speaker 2: How are the airports insane? 515 00:24:21,240 --> 00:24:23,159 Speaker 17: That would be a fair description of the chaos here 516 00:24:23,240 --> 00:24:25,560 Speaker 17: right now. For more than a month, the federal government 517 00:24:25,600 --> 00:24:28,160 Speaker 17: has been partially and shut down in a political fight 518 00:24:28,240 --> 00:24:32,320 Speaker 17: over how ice immigration agents have been acting according to 519 00:24:32,320 --> 00:24:34,920 Speaker 17: the midst of the Airport security Agents the TSA, and 520 00:24:34,960 --> 00:24:37,760 Speaker 17: that means airports are in turmoil. The security workers haven't 521 00:24:37,800 --> 00:24:40,240 Speaker 17: been paid more than a month now. More than sixty 522 00:24:40,359 --> 00:24:45,080 Speaker 17: thousand of them have no money, so many are taking 523 00:24:45,119 --> 00:24:47,199 Speaker 17: sickout so they can drive ubers or do whatever they 524 00:24:47,240 --> 00:24:49,359 Speaker 17: can to pay the bills. That has meant delays of 525 00:24:49,520 --> 00:24:53,359 Speaker 17: hours getting through security with the limited staffers still turning 526 00:24:53,440 --> 00:24:56,200 Speaker 17: up for no money. People have been waiting for hours, 527 00:24:56,200 --> 00:24:59,399 Speaker 17: I mean three for five hours to catch their flights. 528 00:25:00,119 --> 00:25:02,520 Speaker 17: Bloke who missed his plane but it was three hours and. 529 00:25:02,560 --> 00:25:04,399 Speaker 13: Forty five minutes, so missed our flights. 530 00:25:04,440 --> 00:25:05,840 Speaker 8: We're stuck trying to figure out what. 531 00:25:05,920 --> 00:25:07,480 Speaker 18: Are we gonna do now, trying to get another flights 532 00:25:07,520 --> 00:25:08,879 Speaker 18: if our luggage is there, but we're not. 533 00:25:09,400 --> 00:25:13,560 Speaker 17: Yeah, almost four hours now they're talking about temporarily having 534 00:25:13,600 --> 00:25:16,240 Speaker 17: to shut down some airports because no staff. This is 535 00:25:16,960 --> 00:25:20,280 Speaker 17: ridiculous as damson Republicans blame each other crazy. At one airport, 536 00:25:20,359 --> 00:25:23,000 Speaker 17: a food bank has just stepped in mate to provide 537 00:25:23,040 --> 00:25:25,280 Speaker 17: free lunches to staffers, So maybe they can take the 538 00:25:25,359 --> 00:25:26,080 Speaker 17: leftover hiss home. 539 00:25:26,240 --> 00:25:26,440 Speaker 13: You know. 540 00:25:26,680 --> 00:25:29,360 Speaker 3: Defeed the family unreal, all right, see next week, mate. 541 00:25:29,480 --> 00:25:32,920 Speaker 2: Richard Arnold st outside as Andrew alluded to. Kevin Walsh 542 00:25:33,040 --> 00:25:36,600 Speaker 2: hasn't been confirmed, and until he's confirmed, Pale staying on 543 00:25:36,800 --> 00:25:39,639 Speaker 2: at the feed. But he's also staying on, remember his chairman. 544 00:25:39,680 --> 00:25:42,200 Speaker 2: But he's also part of the committee, and his appointment 545 00:25:42,200 --> 00:25:44,320 Speaker 2: at the committee doesn't ended twenty twenty eight, so he 546 00:25:44,320 --> 00:25:46,399 Speaker 2: announced yesterday he's not going anywhere. So he's stuck it 547 00:25:46,480 --> 00:25:48,560 Speaker 2: right up, Trump, and good on him. You want to 548 00:25:48,600 --> 00:25:51,800 Speaker 2: read the book, don't you. When the book comes, it'll 549 00:25:51,840 --> 00:25:53,920 Speaker 2: be a blockbuster. Carg Island, by the way, here's what 550 00:25:53,960 --> 00:25:55,720 Speaker 2: I think is going to happen. So the Marines arrived. 551 00:25:55,720 --> 00:25:58,640 Speaker 2: They're about less than a week away. The Marines arrived, 552 00:25:58,680 --> 00:26:00,160 Speaker 2: they do what they need to do. In the strap, 553 00:26:01,040 --> 00:26:05,320 Speaker 2: they grab CARG. That means Iran has no oil, which 554 00:26:05,359 --> 00:26:08,480 Speaker 2: means they have no power at all. They run power, 555 00:26:08,520 --> 00:26:11,120 Speaker 2: they do cooking, they do everything out of Carg. They've 556 00:26:11,160 --> 00:26:14,080 Speaker 2: got CARG. They're going to cube of the place, and 557 00:26:14,240 --> 00:26:18,119 Speaker 2: at that point Iran will start negotiating. What do you 558 00:26:18,200 --> 00:26:19,160 Speaker 2: reckon ten to seven? 559 00:26:19,920 --> 00:26:23,480 Speaker 1: So Mike asking breakfast with Bailey's real estate news talks, 560 00:26:23,480 --> 00:26:24,320 Speaker 1: there'd be one. 561 00:26:24,200 --> 00:26:26,560 Speaker 2: Of the questions Trump was asked with Takeichi sitting next 562 00:26:26,600 --> 00:26:28,600 Speaker 2: to him on the yellow chairs today, is why when 563 00:26:28,640 --> 00:26:30,520 Speaker 2: all this began, you know, this came out of nowhere 564 00:26:30,520 --> 00:26:32,399 Speaker 2: in the early hours of a Saturday morning. Why didn't 565 00:26:32,400 --> 00:26:33,160 Speaker 2: he tell anybody? 566 00:26:33,440 --> 00:26:35,720 Speaker 13: You know, when we go in, we went in very high, 567 00:26:36,480 --> 00:26:40,720 Speaker 13: and we didn't tell anybody about it because we wanted surprise. 568 00:26:40,840 --> 00:26:45,080 Speaker 3: Who knows better about surprise than Japan? Okay, why didn't 569 00:26:45,080 --> 00:26:53,720 Speaker 3: you tell me about Pearl Harbor? Okay? Right, it's when 570 00:26:53,800 --> 00:26:55,120 Speaker 3: he was just over a week ago. 571 00:26:55,200 --> 00:26:58,719 Speaker 2: He jawbone the market down by saying the war's over shortly, 572 00:26:58,960 --> 00:27:01,920 Speaker 2: and it worked, and then the IEA came in with 573 00:27:02,000 --> 00:27:04,760 Speaker 2: their four hundred million and that tanked it. And ever 574 00:27:04,840 --> 00:27:07,880 Speaker 2: since then he's lost the narrative. He sounds increasingly insane, 575 00:27:08,000 --> 00:27:09,640 Speaker 2: like he doesn't know what he's doing, and heg Seth 576 00:27:09,680 --> 00:27:13,360 Speaker 2: isn't helping him and the Americans this thing. I'm assuming 577 00:27:13,480 --> 00:27:17,399 Speaker 2: behind the scenes at night, the Republicans are literally losing 578 00:27:17,520 --> 00:27:19,200 Speaker 2: their you know what over this. So he's got to 579 00:27:19,280 --> 00:27:21,160 Speaker 2: tidy this up in the next week or so. By 580 00:27:21,200 --> 00:27:24,880 Speaker 2: the way, Turners they're saying they gave a very good 581 00:27:24,960 --> 00:27:26,760 Speaker 2: update yesterday to the market. We love Tina and we 582 00:27:26,800 --> 00:27:28,280 Speaker 2: love Turners and all that sort of stuff. So they're 583 00:27:28,359 --> 00:27:30,520 Speaker 2: upgrading their forecast and life is good and they're looking 584 00:27:30,520 --> 00:27:32,560 Speaker 2: for a record result blah blah blah. But one of 585 00:27:32,560 --> 00:27:34,600 Speaker 2: the things they do, of course, is cars. We've seen 586 00:27:34,600 --> 00:27:37,359 Speaker 2: a strong increase in interest in evs and hybrids. And 587 00:27:37,520 --> 00:27:39,720 Speaker 2: here's the key, this Tod Hunter who runs Turners and 588 00:27:39,760 --> 00:27:42,399 Speaker 2: he's a good bloke. In my experience, people tend to 589 00:27:42,520 --> 00:27:45,840 Speaker 2: overreact on the short term basis and then things will 590 00:27:45,880 --> 00:27:48,560 Speaker 2: be things and it will level out. I think he 591 00:27:48,680 --> 00:27:50,280 Speaker 2: nailed that five minutes away from seven. 592 00:27:51,400 --> 00:27:52,920 Speaker 5: Well, the in and the ouse. 593 00:27:53,240 --> 00:27:57,320 Speaker 1: It's the fizz with business fiber take your business productivity 594 00:27:57,440 --> 00:27:58,280 Speaker 1: to the next level. 595 00:27:58,400 --> 00:28:00,480 Speaker 2: Here's another interesting thing that's going on the moment. A 596 00:28:00,720 --> 00:28:03,040 Speaker 2: massive drops and gold and silver in the last twenty 597 00:28:03,080 --> 00:28:05,280 Speaker 2: four hours. So gold's down four point nine percent, gold 598 00:28:05,359 --> 00:28:07,880 Speaker 2: futures down five point eight, Silver's down nine point five, 599 00:28:07,960 --> 00:28:08,919 Speaker 2: futures down twelve. 600 00:28:09,920 --> 00:28:13,280 Speaker 3: So what's going on here? So it's all linked to oil. 601 00:28:13,400 --> 00:28:13,840 Speaker 3: How come? 602 00:28:13,960 --> 00:28:16,280 Speaker 2: Well, the longer the war goes, the longer the fuel 603 00:28:16,320 --> 00:28:18,240 Speaker 2: prices are up and stay up. That makes it less 604 00:28:18,359 --> 00:28:21,399 Speaker 2: likely the Fed cuts the interest rates, That strengthens the 605 00:28:21,560 --> 00:28:23,960 Speaker 2: US dollar, increases the bond yields. 606 00:28:24,000 --> 00:28:25,879 Speaker 3: Do we like bond yields? We like bond yields. 607 00:28:25,920 --> 00:28:29,720 Speaker 2: We like nice, big, high fat, juicy bond yields. And 608 00:28:29,920 --> 00:28:31,880 Speaker 2: you only go to gold and go to silver when 609 00:28:31,960 --> 00:28:34,320 Speaker 2: there's no interest rate money to be had, which is 610 00:28:34,359 --> 00:28:36,120 Speaker 2: what we've been doing of late, and that's why gold 611 00:28:36,200 --> 00:28:38,000 Speaker 2: cross five thousand dollars. But now that we think that 612 00:28:38,040 --> 00:28:39,880 Speaker 2: the yields are good, now we don't need gold anymore 613 00:28:39,920 --> 00:28:43,480 Speaker 2: and we don't need silver. So non yielding assets, your gold, 614 00:28:43,560 --> 00:28:46,560 Speaker 2: your silver, they get sold. And so that's how the 615 00:28:46,600 --> 00:28:49,480 Speaker 2: world works. Private equity. I've not had time all week 616 00:28:49,520 --> 00:28:51,240 Speaker 2: to talk about this, the number of people who are 617 00:28:51,280 --> 00:28:53,959 Speaker 2: in the market at the moment. So private equity got 618 00:28:54,040 --> 00:28:56,360 Speaker 2: into debt a while back. So in other words, people 619 00:28:56,440 --> 00:28:57,800 Speaker 2: went out there and said, can you give me a 620 00:28:57,840 --> 00:29:00,920 Speaker 2: couple of billion dollars to go invent something that's associated 621 00:29:00,960 --> 00:29:04,200 Speaker 2: with AI. Private equity went have as much as you like, 622 00:29:04,560 --> 00:29:07,000 Speaker 2: get into it, make go for gold, and for a 623 00:29:07,080 --> 00:29:09,560 Speaker 2: while that was a thing, still is a thing. Now 624 00:29:09,640 --> 00:29:12,760 Speaker 2: it's starting to come home to roost and an increasing 625 00:29:12,840 --> 00:29:14,840 Speaker 2: number of people are going to go this thing's going 626 00:29:14,920 --> 00:29:18,280 Speaker 2: to go bang and shortly, and when it does, you've. 627 00:29:18,160 --> 00:29:19,200 Speaker 3: Got a credit squeeze. 628 00:29:19,440 --> 00:29:21,520 Speaker 2: So if you just want to add another problem to 629 00:29:21,600 --> 00:29:25,000 Speaker 2: your pile of problems, just watch that story unfold in 630 00:29:25,120 --> 00:29:26,840 Speaker 2: the next few weeks, possibly months. 631 00:29:27,360 --> 00:29:28,840 Speaker 3: Nicola Willis will know all about that. 632 00:29:29,000 --> 00:29:30,600 Speaker 2: I may or may not ask her about it, but 633 00:29:30,680 --> 00:29:32,840 Speaker 2: she's too busy at the moment with worst case scenario, 634 00:29:32,920 --> 00:29:34,680 Speaker 2: So we'll get the latest for you, Tim and Katie 635 00:29:34,720 --> 00:29:37,680 Speaker 2: after Rake this Friday morning on the Mic Hosking Breakfast. 636 00:29:40,040 --> 00:29:43,720 Speaker 1: Credible, compelling, the breakfast show you can't miss. It's the 637 00:29:43,920 --> 00:29:49,400 Speaker 1: Mic Hosking Breakfast with Bailey's real Estate altogether better across residential, commercial, 638 00:29:49,520 --> 00:29:50,680 Speaker 1: and rural news talks. 639 00:29:50,680 --> 00:29:52,520 Speaker 2: Head be only seven past seven, So we end the 640 00:29:52,520 --> 00:29:54,480 Speaker 2: week with the softer than hopeful GDP read in a 641 00:29:54,520 --> 00:29:56,560 Speaker 2: war that makes petrol es central part of our budgets 642 00:29:56,560 --> 00:29:58,720 Speaker 2: these days. Nikola Willis Finance Minister back with us. 643 00:29:58,760 --> 00:30:00,680 Speaker 3: Good morning, Good morning Mike. 644 00:30:00,760 --> 00:30:02,560 Speaker 2: How disappointed was zero point two? 645 00:30:02,640 --> 00:30:02,920 Speaker 6: Are you. 646 00:30:04,640 --> 00:30:04,840 Speaker 10: Well? 647 00:30:04,960 --> 00:30:07,280 Speaker 7: I would always have preferred a higher growth number, but 648 00:30:07,400 --> 00:30:09,160 Speaker 7: what I am pleased to see is that growth was 649 00:30:09,240 --> 00:30:12,400 Speaker 7: sustained over a number of quarters last year, and that 650 00:30:12,520 --> 00:30:14,920 Speaker 7: means we're in a stronger position coming into this current 651 00:30:15,600 --> 00:30:17,680 Speaker 7: set of very challenging events than we might have been. 652 00:30:18,200 --> 00:30:22,080 Speaker 2: Tourism. Tourism's good. What's you read on tourism at the 653 00:30:22,120 --> 00:30:24,200 Speaker 2: moment as it sort of offsets the heavy lifting that 654 00:30:24,320 --> 00:30:26,960 Speaker 2: dairy and experts and stuff have been doing in that department, 655 00:30:27,000 --> 00:30:28,600 Speaker 2: and this anemic dollar of ours. 656 00:30:28,960 --> 00:30:30,680 Speaker 3: Is there some hope there? Do you think? 657 00:30:31,680 --> 00:30:32,720 Speaker 16: Look, there is some hope. 658 00:30:32,800 --> 00:30:35,040 Speaker 7: On the one hand, there's the obvious challenge that with 659 00:30:35,200 --> 00:30:38,160 Speaker 7: jet fuel prices going up that makes the affairs more expensive. 660 00:30:38,200 --> 00:30:40,360 Speaker 7: On the other hand, could there be a safer place 661 00:30:40,480 --> 00:30:43,080 Speaker 7: in the world to come right now than New Zealand? 662 00:30:43,480 --> 00:30:46,240 Speaker 7: And actually we will look like an attractive destination for 663 00:30:46,360 --> 00:30:48,640 Speaker 7: many travelers around the world who will be looking for 664 00:30:48,960 --> 00:30:51,640 Speaker 7: places they can come that don't involve going through the 665 00:30:51,680 --> 00:30:53,600 Speaker 7: Middle East and that they can be guaranteed there won't 666 00:30:53,600 --> 00:30:54,880 Speaker 7: be missiles flying over their heads. 667 00:30:55,160 --> 00:30:57,400 Speaker 2: Barbara Edmonds had a crack at you yesterday and I 668 00:30:57,480 --> 00:31:00,200 Speaker 2: would have too if I was her. RB says zero 669 00:31:00,320 --> 00:31:02,880 Speaker 2: point five, You delivered zero point two. Are you not 670 00:31:03,160 --> 00:31:04,160 Speaker 2: very good at your job? 671 00:31:05,480 --> 00:31:05,680 Speaker 15: Well? 672 00:31:05,840 --> 00:31:10,720 Speaker 7: No, Obviously, quarterly forecasts and GDP notoriously bump around a bit. 673 00:31:10,880 --> 00:31:13,160 Speaker 7: What we've always said is if we get the conditions right, 674 00:31:13,280 --> 00:31:16,760 Speaker 7: will get sustained growth. We have had sustained growth for 675 00:31:17,000 --> 00:31:20,000 Speaker 7: three quarters and we are fixing the underlying conditions that 676 00:31:20,040 --> 00:31:22,239 Speaker 7: will allow for faster growth in the future. That's why 677 00:31:22,280 --> 00:31:24,480 Speaker 7: we're doing the investment those tax credit That's why we're 678 00:31:24,520 --> 00:31:27,640 Speaker 7: replacing the ROMA that's why we're educating our kids better, 679 00:31:27,680 --> 00:31:30,360 Speaker 7: that's why we're signing free trade agreements. So if Barbara 680 00:31:30,480 --> 00:31:32,760 Speaker 7: Edmunds had an actual set of ideas for what she 681 00:31:32,800 --> 00:31:35,080 Speaker 7: would have done to grow the economy faster, I'd be listening. 682 00:31:35,160 --> 00:31:36,520 Speaker 7: But I haven't heard those ideas yet. 683 00:31:36,720 --> 00:31:40,000 Speaker 2: Read the help for petrol. It feels clunky to me. 684 00:31:40,120 --> 00:31:42,080 Speaker 2: So you've gone and asked the IID to come up 685 00:31:42,120 --> 00:31:43,479 Speaker 2: with something. This tax credit thing. 686 00:31:43,600 --> 00:31:44,320 Speaker 3: Is that a bit clunky? 687 00:31:44,360 --> 00:31:45,880 Speaker 2: Would you like to do it differently if you could, 688 00:31:45,920 --> 00:31:46,680 Speaker 2: but maybe you can't. 689 00:31:47,480 --> 00:31:50,480 Speaker 7: Well, I face three issues. The first is, of course 690 00:31:50,520 --> 00:31:52,480 Speaker 7: I'm worried about the pressure on the cost of living, 691 00:31:53,000 --> 00:31:55,480 Speaker 7: but number two, I don't want to drive more inflation 692 00:31:55,720 --> 00:31:58,960 Speaker 7: through a huge spend up, so I can't provide relief 693 00:31:59,040 --> 00:32:02,360 Speaker 7: to everyone. And three, I am conscious of New Zealand's 694 00:32:02,400 --> 00:32:04,800 Speaker 7: debt and borrowing position because we're living in a world 695 00:32:05,640 --> 00:32:09,200 Speaker 7: where globally people are asking people to pay higher interest 696 00:32:09,320 --> 00:32:11,200 Speaker 7: rates on debt, so I've got to be very careful. 697 00:32:11,280 --> 00:32:13,640 Speaker 7: So what we're looking at is who are the people 698 00:32:14,040 --> 00:32:18,120 Speaker 7: who are working, who are on really load of middle incomes, 699 00:32:18,120 --> 00:32:21,120 Speaker 7: who are feeling very squeezed by the current pressures and 700 00:32:21,240 --> 00:32:24,239 Speaker 7: what's the way we could provide targeted relief to them, 701 00:32:24,280 --> 00:32:27,840 Speaker 7: because if we do a blanket intervention, frankly, that could 702 00:32:27,920 --> 00:32:30,200 Speaker 7: drive inflation worse and it would add in a dangerous 703 00:32:30,200 --> 00:32:31,120 Speaker 7: way to our debt position. 704 00:32:31,400 --> 00:32:31,600 Speaker 5: Yeah. 705 00:32:31,920 --> 00:32:34,000 Speaker 2: I get all of that, but you ran into an 706 00:32:34,000 --> 00:32:35,760 Speaker 2: element of trouble with I can't even remember what you 707 00:32:35,840 --> 00:32:37,760 Speaker 2: call it, the so many welfare payments in this country. 708 00:32:37,800 --> 00:32:40,000 Speaker 2: But was it family boost or whatever? Your tax credit? 709 00:32:40,040 --> 00:32:42,040 Speaker 2: And have you got three kids and you work twelve 710 00:32:42,080 --> 00:32:43,840 Speaker 2: hours or whatever it was and know and applied for 711 00:32:43,920 --> 00:32:45,520 Speaker 2: it and it was a shambles. Is that the same 712 00:32:45,640 --> 00:32:48,600 Speaker 2: sort of mechanism that you're looking to run this time potentially? 713 00:32:49,640 --> 00:32:53,320 Speaker 7: No, I am into doing something that is simple and 714 00:32:53,440 --> 00:32:55,080 Speaker 7: that we know will work and we'll get to the 715 00:32:55,160 --> 00:32:57,960 Speaker 7: right bank accounts on time, and that is the core 716 00:32:58,080 --> 00:33:01,960 Speaker 7: criteria against which we're judging proposals. I'm very keen that 717 00:33:02,080 --> 00:33:05,200 Speaker 7: this be simple and it work well, and frankly, that 718 00:33:05,280 --> 00:33:08,720 Speaker 7: it ends up in cashion people's bank accounts, because that 719 00:33:08,840 --> 00:33:12,160 Speaker 7: gives people the most flexibility. People have a range of circumstances, 720 00:33:12,200 --> 00:33:13,200 Speaker 7: are affected in a range of. 721 00:33:13,200 --> 00:33:15,320 Speaker 3: Way, But do they have to fill out paperwork? Is 722 00:33:15,360 --> 00:33:15,800 Speaker 3: my question? 723 00:33:16,880 --> 00:33:19,280 Speaker 7: Well, my desire is no paperwork, okay. 724 00:33:19,480 --> 00:33:22,040 Speaker 2: So and as you sit here talking to me this 725 00:33:22,080 --> 00:33:25,280 Speaker 2: Friday morning, the chances of some mechanism happening is what 726 00:33:25,640 --> 00:33:26,840 Speaker 2: in percentage. 727 00:33:26,400 --> 00:33:30,080 Speaker 7: Terms, Well, that depends on the deliberations of our cabinet. 728 00:33:30,840 --> 00:33:33,320 Speaker 7: But I am ready in the sense that I have 729 00:33:33,640 --> 00:33:36,760 Speaker 7: sought the advice from IRD and the Treasury so that 730 00:33:36,840 --> 00:33:38,520 Speaker 7: we have a good option in front of us as 731 00:33:38,560 --> 00:33:38,960 Speaker 7: a cabinet. 732 00:33:39,160 --> 00:33:41,720 Speaker 2: Are you working this group of yours? Are you working 733 00:33:41,760 --> 00:33:46,360 Speaker 2: to specific time frame scenarios in other words, week, three, four, five, six. 734 00:33:46,280 --> 00:33:46,680 Speaker 3: Et cetera. 735 00:33:48,480 --> 00:33:50,960 Speaker 7: What we're working too is what are the trigger points 736 00:33:51,000 --> 00:33:55,040 Speaker 7: that would tell us actually it's time to start preparing 737 00:33:55,200 --> 00:33:59,600 Speaker 7: for a worst case scenario. And that's actually about are 738 00:33:59,640 --> 00:34:02,320 Speaker 7: we going to have challenges getting refined fuel? Because the 739 00:34:02,400 --> 00:34:04,960 Speaker 7: issue is not so much what's happening with the crude 740 00:34:05,000 --> 00:34:08,200 Speaker 7: oil price. Of course that's impacting people at the pump massively, 741 00:34:08,360 --> 00:34:11,480 Speaker 7: but it's can we get diesel in petrol and jet 742 00:34:11,560 --> 00:34:14,279 Speaker 7: fuel out of refineries or are we going to have 743 00:34:14,360 --> 00:34:16,719 Speaker 7: problems with those orders? And that's why I'm meeting with 744 00:34:16,760 --> 00:34:18,200 Speaker 7: the fuel importers today. 745 00:34:18,040 --> 00:34:21,200 Speaker 2: And you're not there yet? And are they there yet? 746 00:34:21,600 --> 00:34:23,840 Speaker 2: And why would there be a problem. Given eighty to 747 00:34:23,960 --> 00:34:25,920 Speaker 2: eighty five percent of the world is still available to. 748 00:34:26,040 --> 00:34:28,839 Speaker 7: Us, We're not there yet. We've got plenty of fuel 749 00:34:28,920 --> 00:34:29,799 Speaker 7: here on the way. 750 00:34:29,920 --> 00:34:32,000 Speaker 2: Yeah, I get that part, but we're beyond that. We're 751 00:34:32,040 --> 00:34:33,799 Speaker 2: beyond that. Now, we've got petrol here and there's more 752 00:34:33,840 --> 00:34:34,160 Speaker 2: on the water. 753 00:34:34,200 --> 00:34:34,719 Speaker 3: We've heard all that. 754 00:34:34,800 --> 00:34:37,319 Speaker 2: Let's move the conversation forward. Are you at the point 755 00:34:37,360 --> 00:34:39,600 Speaker 2: where you've got the next lot of shipment locked in? 756 00:34:41,120 --> 00:34:44,360 Speaker 7: There are shipments locked in for several weeks ahead, but 757 00:34:44,520 --> 00:34:47,040 Speaker 7: they don't put their orders in months and months ahead, 758 00:34:47,080 --> 00:34:48,800 Speaker 7: so we're looking ahead to that. And what we know 759 00:34:48,920 --> 00:34:51,839 Speaker 7: in South Korea, for example, is they've said that they're 760 00:34:51,880 --> 00:34:56,400 Speaker 7: going to require their refineries to prioritize domestic consumption, that 761 00:34:56,520 --> 00:34:59,439 Speaker 7: they want to have ninety percent of domestic consumption met 762 00:34:59,560 --> 00:35:02,239 Speaker 7: before they do any experts. So depending on how much 763 00:35:02,320 --> 00:35:05,240 Speaker 7: crude they can refine, that could create a limitation in future. 764 00:35:05,920 --> 00:35:07,680 Speaker 7: And we know in the case of Singapore that they 765 00:35:07,719 --> 00:35:11,839 Speaker 7: are refining less fuel than they typically have, significantly less, 766 00:35:11,960 --> 00:35:14,759 Speaker 7: which of course raises questions for the future about how 767 00:35:14,800 --> 00:35:17,200 Speaker 7: well they'll be able to fulfill orders. Of course, fuel 768 00:35:17,239 --> 00:35:19,759 Speaker 7: importers will look around the world for other sources of 769 00:35:19,800 --> 00:35:21,279 Speaker 7: fuel if they're not able to get it out of 770 00:35:21,320 --> 00:35:25,800 Speaker 7: their normal refiners. But there's still an open question about 771 00:35:25,840 --> 00:35:28,040 Speaker 7: how easy that will be and whether that will lead 772 00:35:28,080 --> 00:35:30,320 Speaker 7: to delay. So that's why we're working closely with the 773 00:35:30,360 --> 00:35:33,200 Speaker 7: fuel industry to get a sense of Okay, when do 774 00:35:33,239 --> 00:35:34,720 Speaker 7: you think the crunch points could. 775 00:35:34,560 --> 00:35:36,200 Speaker 16: Be and what do we do then? 776 00:35:36,360 --> 00:35:38,359 Speaker 2: What was lux on abou Russian oil? Or South Korea 777 00:35:38,400 --> 00:35:41,200 Speaker 2: goes and buys Russian oil? Who cares well? 778 00:35:41,440 --> 00:35:45,960 Speaker 7: Our current sanctions regime is focused on the refined product 779 00:35:46,200 --> 00:35:49,759 Speaker 7: rather than where the fuel stock was received from. So 780 00:35:49,920 --> 00:35:52,360 Speaker 7: what that means is that at the moment, it wouldn't 781 00:35:52,360 --> 00:35:56,560 Speaker 7: be a problem if those Southeast Asian refineries were sourcing 782 00:35:57,160 --> 00:35:59,640 Speaker 7: crude oil from a range of different nations. That wouldn't 783 00:35:59,640 --> 00:36:01,040 Speaker 7: affect New Zealand's ability to. 784 00:36:01,120 --> 00:36:06,440 Speaker 2: Oh the irony, Nicola, what a wacky old world in. 785 00:36:06,480 --> 00:36:07,040 Speaker 3: Which we live? 786 00:36:08,480 --> 00:36:10,320 Speaker 7: Well, you know, I wish we were living in a 787 00:36:10,400 --> 00:36:13,479 Speaker 7: world where there wasn't a conflict in the Middle East, 788 00:36:13,640 --> 00:36:17,200 Speaker 7: in which people were dying, the global oil price was spiking, 789 00:36:17,640 --> 00:36:20,600 Speaker 7: and challenges getting refined products were massive. I wish we 790 00:36:20,680 --> 00:36:22,759 Speaker 7: weren't living in that world, but we are, so we 791 00:36:22,840 --> 00:36:24,000 Speaker 7: deal with what's in front of us. 792 00:36:24,320 --> 00:36:27,080 Speaker 2: What's your trigger point for buying an EV personally. 793 00:36:29,120 --> 00:36:33,440 Speaker 7: Well, personally, that's not something we've contemplated as a family. 794 00:36:33,840 --> 00:36:36,680 Speaker 7: If we were going to replace one of our family vehicles, 795 00:36:37,040 --> 00:36:38,879 Speaker 7: then at that point I think we'd think pretty hard 796 00:36:38,920 --> 00:36:41,040 Speaker 7: about it. But look, we drive our cars till they 797 00:36:41,200 --> 00:36:43,600 Speaker 7: just about dead. And I'm not a big car person. 798 00:36:43,640 --> 00:36:46,440 Speaker 7: I prefer to spend our discretionary on holidays. But I 799 00:36:46,560 --> 00:36:50,680 Speaker 7: recognize that people are buying events. They've been extremely popular 800 00:36:51,360 --> 00:36:54,240 Speaker 7: and I think that demand has been going up hugely, 801 00:36:54,280 --> 00:36:56,520 Speaker 7: and I think that's really positive to see because people. 802 00:36:56,400 --> 00:36:57,959 Speaker 16: Are controlling their own lives. 803 00:36:58,000 --> 00:36:59,680 Speaker 7: They're saying, well, actually I don't want to be exposed 804 00:36:59,680 --> 00:37:02,200 Speaker 7: to the peer price, and they're making what for them 805 00:37:02,320 --> 00:37:04,120 Speaker 7: is a good decision. So it's not about me and 806 00:37:04,239 --> 00:37:06,600 Speaker 7: my choices. It's about what suits are the kiwis, and 807 00:37:07,239 --> 00:37:08,880 Speaker 7: you know, I celebrate the fact that lots of them 808 00:37:09,080 --> 00:37:10,680 Speaker 7: are wanting to buy an EB All right, you have. 809 00:37:10,680 --> 00:37:13,480 Speaker 2: A good weekend. Nicola Willis, Finance Minister. The Australia's had problems. 810 00:37:13,480 --> 00:37:15,680 Speaker 2: I'll talk Tomorry about this later on this week later 811 00:37:15,760 --> 00:37:18,239 Speaker 2: on the show. The Australians have all the headlines are 812 00:37:18,239 --> 00:37:19,959 Speaker 2: they're running out of petrol. They're running out of petrol, 813 00:37:19,960 --> 00:37:21,640 Speaker 2: and they keep saying, well, it's a distribution, not a 814 00:37:21,719 --> 00:37:22,200 Speaker 2: petrol problem. 815 00:37:22,200 --> 00:37:22,960 Speaker 3: There's plenty of punch. 816 00:37:23,160 --> 00:37:25,279 Speaker 2: I finally got the numbers yesterday, and this is where 817 00:37:25,320 --> 00:37:27,400 Speaker 2: the media has to play their part, because there's been 818 00:37:27,440 --> 00:37:30,319 Speaker 2: headlines all week. Oh, panic at the stations, they're running 819 00:37:30,320 --> 00:37:32,680 Speaker 2: out of petrol. It turns out in New South Wales 820 00:37:32,719 --> 00:37:35,640 Speaker 2: there are three thousand petrol stations, right, three thousand. How 821 00:37:35,680 --> 00:37:37,359 Speaker 2: many had run out of petrol at some point during 822 00:37:37,360 --> 00:37:40,279 Speaker 2: the week? Thirty so one percent had run out of 823 00:37:40,480 --> 00:37:44,040 Speaker 2: petrol and had trouble ninety nine percent of them happens? 824 00:37:44,840 --> 00:37:45,359 Speaker 3: Is that news? 825 00:37:45,640 --> 00:37:50,600 Speaker 1: Fifteen past the Mike asking Breakfast Full Show podcast on 826 00:37:50,840 --> 00:37:53,200 Speaker 1: iHeartRadio powered by News Talks. 827 00:37:52,960 --> 00:37:55,719 Speaker 2: At B Yeah, Mike, why are we so depended on 828 00:37:55,760 --> 00:37:57,479 Speaker 2: the twenty percent of the oil coming through the strait 829 00:37:57,520 --> 00:37:59,680 Speaker 2: up homose there's still eighty percent out there? Let me 830 00:37:59,719 --> 00:38:01,640 Speaker 2: come back to that because it's an excellent question. A 831 00:38:01,800 --> 00:38:04,480 Speaker 2: quick word on crime, more insight into that particular story. 832 00:38:05,120 --> 00:38:07,600 Speaker 2: Those of us experience in crime has dropped from thirty 833 00:38:07,600 --> 00:38:09,680 Speaker 2: percent and twenty eighteen to twenty eight percent last year. 834 00:38:09,760 --> 00:38:12,520 Speaker 2: Lowest level since the survey began. Burglary is down nine 835 00:38:12,560 --> 00:38:15,400 Speaker 2: percent or two nine percent from twelve percent. That's one 836 00:38:15,440 --> 00:38:18,520 Speaker 2: hundred and eighty four thousand household Most serious violent offenses 837 00:38:18,560 --> 00:38:20,759 Speaker 2: are down to three percent from four percent. Jeanette Park 838 00:38:20,840 --> 00:38:23,319 Speaker 2: is the police Assistant commissioner on this and she's with us. 839 00:38:23,360 --> 00:38:24,080 Speaker 3: Janet morning to you. 840 00:38:25,080 --> 00:38:25,719 Speaker 12: Good morning, right. 841 00:38:25,840 --> 00:38:27,800 Speaker 2: Those numbers I gave you four to three, twelve to 842 00:38:28,000 --> 00:38:29,320 Speaker 2: nine is that material? 843 00:38:30,880 --> 00:38:35,920 Speaker 12: Look? I think for us, our staff have been out 844 00:38:36,000 --> 00:38:38,640 Speaker 12: there and about and working in the communities, and you 845 00:38:38,880 --> 00:38:41,920 Speaker 12: look at the visibility and the beat work they're doing, 846 00:38:41,960 --> 00:38:44,839 Speaker 12: and it's all playing apart in the results that we've seen. 847 00:38:45,840 --> 00:38:48,640 Speaker 2: The burglary aspect of it is that essentially there were 848 00:38:48,640 --> 00:38:51,520 Speaker 2: a smallish group of people who were doing the same 849 00:38:51,560 --> 00:38:53,120 Speaker 2: stuff over and over and they got put away and 850 00:38:53,160 --> 00:38:54,160 Speaker 2: therefore the crime comes down. 851 00:38:54,320 --> 00:38:54,880 Speaker 3: Is that fair or not? 852 00:38:55,920 --> 00:38:58,120 Speaker 12: Look, I think we know that there's a small group 853 00:38:58,120 --> 00:39:00,480 Speaker 12: of people that do a disproportionate amount of the crime, 854 00:39:01,080 --> 00:39:03,760 Speaker 12: and we've been out and about targeting with our teams, 855 00:39:04,239 --> 00:39:07,640 Speaker 12: targeting high risk offenders and also making sure offenders are 856 00:39:07,680 --> 00:39:10,279 Speaker 12: held to account. So it certainly makes the difference. The 857 00:39:10,360 --> 00:39:11,160 Speaker 12: work that we've been doing. 858 00:39:11,320 --> 00:39:13,799 Speaker 2: And do you guys feel it when you're sitting around 859 00:39:13,880 --> 00:39:16,279 Speaker 2: talking about the work you're doing. Does it feel different now? 860 00:39:17,400 --> 00:39:17,520 Speaker 10: Oh? 861 00:39:17,719 --> 00:39:18,239 Speaker 6: Absolutely? 862 00:39:18,320 --> 00:39:21,480 Speaker 12: Look how Commission has been really clear on his expectations, 863 00:39:21,880 --> 00:39:25,560 Speaker 12: and our teams have been using their initiative getting out 864 00:39:25,600 --> 00:39:29,440 Speaker 12: and talking to people and having myself just only five 865 00:39:29,480 --> 00:39:32,520 Speaker 12: weeks ago been the Eastern District Commander. I know the 866 00:39:32,680 --> 00:39:35,120 Speaker 12: morale of our staff. You know they're feeling good, they're 867 00:39:35,200 --> 00:39:39,320 Speaker 12: working hard and that drives results. You know, they're awesome. 868 00:39:39,440 --> 00:39:41,560 Speaker 12: The teams out and about across the country are. 869 00:39:41,440 --> 00:39:43,719 Speaker 2: Awesome, fantastic. Jeanett, good to catch up, Appreciate it and 870 00:39:43,760 --> 00:39:47,560 Speaker 2: congratulations Jeanette Park. Interesting story, So crime coming down? 871 00:39:48,000 --> 00:39:48,560 Speaker 5: What are we doing? 872 00:39:48,600 --> 00:39:53,759 Speaker 2: The one News editorial meeting today? Just Asking seven twenty. 873 00:39:55,480 --> 00:39:58,800 Speaker 1: The Make Asking Breakfast full show pod. Guys on a 874 00:39:59,000 --> 00:40:01,360 Speaker 1: hard radio now if my news talk sippy? 875 00:40:03,400 --> 00:40:03,719 Speaker 3: All right? 876 00:40:03,760 --> 00:40:06,000 Speaker 2: If you've been thinking about upgrading the old telephone, and 877 00:40:06,160 --> 00:40:07,959 Speaker 2: now's a very good time to do it, because Harvey 878 00:40:07,960 --> 00:40:10,239 Speaker 2: Norman's got the brand new Samsung Galaxy S twenty six 879 00:40:10,320 --> 00:40:12,759 Speaker 2: series in store. This is a this is a good phone. 880 00:40:12,800 --> 00:40:15,440 Speaker 2: This is the S twenty six. It builds meaningfully on 881 00:40:15,520 --> 00:40:17,759 Speaker 2: the S twenty five generation, offering a more polished and 882 00:40:18,160 --> 00:40:20,799 Speaker 2: powerful experience across the board. So here's the kicker. If 883 00:40:20,840 --> 00:40:24,160 Speaker 2: you go for the Galaxy S twenty six Ultra outright, 884 00:40:24,239 --> 00:40:26,280 Speaker 2: you're going to get four hundred dollars Harvey Norman Bonus 885 00:40:26,360 --> 00:40:27,840 Speaker 2: gift card, which is not bad. Or if you go 886 00:40:27,920 --> 00:40:29,680 Speaker 2: for the S twenty six or S twenty six Plus, 887 00:40:30,360 --> 00:40:31,799 Speaker 2: if that's more your speed, you're going to pick up 888 00:40:31,840 --> 00:40:34,520 Speaker 2: two hundred and fifty dollars gift card. This outright offer 889 00:40:34,680 --> 00:40:37,040 Speaker 2: ends thirty one March, or if you're in the market 890 00:40:37,120 --> 00:40:39,120 Speaker 2: for a mobile plan, sign up to an eligible one 891 00:40:39,200 --> 00:40:41,640 Speaker 2: New Zealand eighty five dollars pay monthly plan and you 892 00:40:41,719 --> 00:40:43,560 Speaker 2: could save up to seven hundred dollars over twenty four 893 00:40:43,640 --> 00:40:45,640 Speaker 2: or thirty six months. This outright offer ends at the 894 00:40:45,719 --> 00:40:48,640 Speaker 2: end of April thirty April twenty twenty six, which is 895 00:40:48,680 --> 00:40:50,880 Speaker 2: real money of course, So if your current phone's feeling 896 00:40:50,920 --> 00:40:53,600 Speaker 2: a little bit tired, this is the upgrade moment, so 897 00:40:53,760 --> 00:40:56,919 Speaker 2: check out the Samsung Galaxy S twenty six series Harvey 898 00:40:56,960 --> 00:40:59,480 Speaker 2: Norman instare or online. The outright offer and pay monthly 899 00:40:59,520 --> 00:41:02,600 Speaker 2: offer not available in conjunction with each other. T's and 900 00:41:02,719 --> 00:41:07,160 Speaker 2: season eligibility criteria apply. Pasking now there is twenty four 901 00:41:07,200 --> 00:41:09,080 Speaker 2: time now to mark the week, little piece of news 902 00:41:09,160 --> 00:41:10,839 Speaker 2: and current events. It's as popular as a good old 903 00:41:10,840 --> 00:41:13,560 Speaker 2: fashioned station wagon, given they carry more Jerry cans. Are 904 00:41:13,600 --> 00:41:18,600 Speaker 2: the war three the three Glenn thank you. Week three 905 00:41:18,760 --> 00:41:21,319 Speaker 2: was the worst week for Trump by a mile. Asked 906 00:41:21,360 --> 00:41:23,000 Speaker 2: for help, got none packed. 907 00:41:23,160 --> 00:41:24,439 Speaker 3: Sad. The Warrior is nine. 908 00:41:25,520 --> 00:41:28,560 Speaker 2: You literally can't start any better than they have in 909 00:41:28,600 --> 00:41:34,040 Speaker 2: the nights this week, So three from three. Chris Hipkins 910 00:41:34,320 --> 00:41:37,080 Speaker 2: two waa wam who needs. 911 00:41:36,840 --> 00:41:37,560 Speaker 3: That sort of crap? 912 00:41:37,680 --> 00:41:39,840 Speaker 2: As a result of the Hipkins week, the Shardon Freud 913 00:41:39,880 --> 00:41:43,160 Speaker 2: Brigade too, wat we needs that sort of crap. House 914 00:41:43,200 --> 00:41:45,720 Speaker 2: price is six on the move and in the right direction, 915 00:41:45,800 --> 00:41:47,799 Speaker 2: and record levels of first time buyers, so I think 916 00:41:47,880 --> 00:41:49,799 Speaker 2: we might actually be in some sort of sweet spot 917 00:41:49,840 --> 00:41:52,840 Speaker 2: of them at the moment. GDP six I mean in 918 00:41:52,920 --> 00:41:55,080 Speaker 2: the right direction, lacking the heft some thought it might have, 919 00:41:55,360 --> 00:41:57,080 Speaker 2: but on a per capita basis not the end of 920 00:41:57,120 --> 00:41:59,440 Speaker 2: the world. Hence the feeling that the recovery is widespread. 921 00:42:00,080 --> 00:42:04,040 Speaker 2: Very auctions nine every one bar one a winner so 922 00:42:04,200 --> 00:42:05,680 Speaker 2: far this year. Kind of like the Warriors. 923 00:42:05,719 --> 00:42:06,200 Speaker 3: It's raining. 924 00:42:06,239 --> 00:42:09,880 Speaker 2: Demand and money are the brain drain six, along with 925 00:42:09,920 --> 00:42:12,400 Speaker 2: the tourism numbers this week, which are now excellent. By 926 00:42:12,400 --> 00:42:14,640 Speaker 2: the way, we saw the brain drain finish its draining 927 00:42:15,040 --> 00:42:17,920 Speaker 2: and not a moment too soon. Beef mints three I 928 00:42:18,000 --> 00:42:20,560 Speaker 2: mean beat half of the week glass half four. Food 929 00:42:20,640 --> 00:42:24,520 Speaker 2: Actually month on month went down, and if that trend continues, 930 00:42:24,560 --> 00:42:28,640 Speaker 2: the annual number will eventually go down. That's how statistics work. 931 00:42:28,960 --> 00:42:32,840 Speaker 2: Color coding seven school reports that people who didn't finish 932 00:42:32,880 --> 00:42:35,560 Speaker 2: school can understand, and it gets extra marks because two 933 00:42:35,600 --> 00:42:38,320 Speaker 2: of the colors are green and green is cooled. Manufacturing 934 00:42:38,480 --> 00:42:41,480 Speaker 2: seven another month on month rebuild or rebound. It's part 935 00:42:41,520 --> 00:42:44,319 Speaker 2: of the overall good news economic story. Stations running dry 936 00:42:44,480 --> 00:42:47,879 Speaker 2: for I mean hyperbole, alarmed headlines, and knobs with Jerry 937 00:42:47,920 --> 00:42:52,600 Speaker 2: cans I mean none of it helps worst case scenarios three. 938 00:42:53,239 --> 00:42:58,120 Speaker 2: Given its guesswork, what on earth the point booze reform eight? 939 00:42:59,000 --> 00:43:01,800 Speaker 2: Not a single bit of it doesn't make complete in 940 00:43:01,920 --> 00:43:05,040 Speaker 2: utter sense, leading to the obvious question, how can something 941 00:43:05,120 --> 00:43:08,279 Speaker 2: so obvious only be getting sorted now? Myles hurrahl eight 942 00:43:09,400 --> 00:43:11,640 Speaker 2: for a brill job and putting straight to the rugby rumor, 943 00:43:11,719 --> 00:43:13,800 Speaker 2: thus reminding us there is a very big difference between 944 00:43:13,880 --> 00:43:16,920 Speaker 2: gossip and fact. And that's the work copies on the website. 945 00:43:16,920 --> 00:43:18,560 Speaker 2: And if you take six of these, by the way, 946 00:43:18,920 --> 00:43:20,959 Speaker 2: soak them in ninety eight, you can now swap one. 947 00:43:20,920 --> 00:43:23,279 Speaker 3: For a gold Rolex HOSKYY. 948 00:43:23,360 --> 00:43:25,520 Speaker 2: Can you ask why diesel has not increased so much 949 00:43:25,560 --> 00:43:28,000 Speaker 2: higher than the rest? I'm not sure why you're asking 950 00:43:28,120 --> 00:43:30,719 Speaker 2: what you're asking there, because it has. No, it's not 951 00:43:30,880 --> 00:43:34,800 Speaker 2: more expensive. Ninety one's gone to three oh seven on 952 00:43:34,880 --> 00:43:36,880 Speaker 2: average this morning diesel at two eight two. So no, 953 00:43:37,000 --> 00:43:38,880 Speaker 2: it's not higher. But the reason it's not high it's 954 00:43:38,920 --> 00:43:41,239 Speaker 2: not refined as much. It's a dirty, old fuel, so 955 00:43:41,320 --> 00:43:43,240 Speaker 2: the cost of refining is not as much input. Therefore 956 00:43:43,239 --> 00:43:45,840 Speaker 2: that's why it's cheaper. But in terms of percentage has 957 00:43:45,840 --> 00:43:48,760 Speaker 2: gone up fifty two percent in the month versus nineteen 958 00:43:48,800 --> 00:43:51,200 Speaker 2: percent for ninety one, or nineteen percent for ninety five 959 00:43:51,280 --> 00:43:54,680 Speaker 2: and twenty percent for ninety eight. So hopefully that answers 960 00:43:54,719 --> 00:43:56,640 Speaker 2: your question. Why are we so dependent on twenty percent 961 00:43:56,680 --> 00:43:59,120 Speaker 2: of oil? That's my great equation. I've been trying to 962 00:44:00,000 --> 00:44:02,799 Speaker 2: god one hundred sandwiches right. First of all, the straight 963 00:44:02,840 --> 00:44:05,760 Speaker 2: up ho miss is not closed. It's limited, So oil 964 00:44:05,840 --> 00:44:08,960 Speaker 2: to Pakistan India, China, and Russia's getting through. So there 965 00:44:09,040 --> 00:44:12,120 Speaker 2: is still oil in the world, and so maybe eighty 966 00:44:12,160 --> 00:44:14,560 Speaker 2: five percent of the world oil is available now. So 967 00:44:14,600 --> 00:44:16,359 Speaker 2: if you get one hundred sandwiches and suddenly you only 968 00:44:16,400 --> 00:44:19,320 Speaker 2: got eighty five sandwiches, no, you don't have as much sandwiches, 969 00:44:19,360 --> 00:44:22,440 Speaker 2: but you still got a lot of sandwiches. So generally 970 00:44:22,480 --> 00:44:25,239 Speaker 2: the price goes up, which then affects demand, which is 971 00:44:25,320 --> 00:44:26,160 Speaker 2: exactly what's happening. 972 00:44:26,200 --> 00:44:26,520 Speaker 14: Of course. 973 00:44:27,080 --> 00:44:29,719 Speaker 2: So there's still lots and lots of oil out there, 974 00:44:29,840 --> 00:44:32,319 Speaker 2: so it's not like there is no oil. Hence I'm 975 00:44:32,400 --> 00:44:35,120 Speaker 2: not convinced that we're actually going to run out. Hence 976 00:44:35,200 --> 00:44:39,600 Speaker 2: we don't need necessarily a worst case scenario. 977 00:44:39,200 --> 00:44:41,640 Speaker 19: As long as we can get somebody to share the sandwiches. 978 00:44:42,280 --> 00:44:46,280 Speaker 1: No fluff, just facts and fierce debate. The Mic Hosking 979 00:44:46,360 --> 00:44:50,839 Speaker 1: Breakfast with Vida, Retirement Communities, Life Your Way News togs 980 00:44:50,960 --> 00:44:52,240 Speaker 1: d B twenty three minutes. 981 00:44:52,000 --> 00:44:54,320 Speaker 2: Away from A to the Car The Way, of Course Murray. 982 00:44:54,040 --> 00:44:54,680 Speaker 3: Old's later on. 983 00:44:55,320 --> 00:44:57,480 Speaker 2: This year's New Zealander of the Year was named last 984 00:44:57,560 --> 00:44:59,680 Speaker 2: night at the sort of glittering occasion you would expect 985 00:44:59,680 --> 00:45:02,759 Speaker 2: The News the Year two be named at twenty twenty six. 986 00:45:02,880 --> 00:45:05,719 Speaker 2: It is sir Rod Drewy, entrepreneur and founder of zero 987 00:45:05,840 --> 00:45:06,680 Speaker 2: of course, and he's with. 988 00:45:06,800 --> 00:45:08,560 Speaker 3: Us in the studio. Good to see you there. 989 00:45:08,560 --> 00:45:09,640 Speaker 20: It's been a few years, mate. 990 00:45:09,600 --> 00:45:12,680 Speaker 2: It has been a few years, and I strongly suspect 991 00:45:12,719 --> 00:45:14,000 Speaker 2: that you've aged better than I have. 992 00:45:14,880 --> 00:45:15,440 Speaker 6: You looking good. 993 00:45:16,400 --> 00:45:19,080 Speaker 2: Having been and hosted at a number of these in 994 00:45:19,120 --> 00:45:22,440 Speaker 2: the early days, I always found them tremendously uplifting. 995 00:45:22,760 --> 00:45:25,640 Speaker 20: Last night, Yeah, like I cried three or four times. 996 00:45:25,760 --> 00:45:29,359 Speaker 20: I was, you know, I mean, you're living in your 997 00:45:29,360 --> 00:45:31,480 Speaker 20: own bubble kind. I think you're doing some good stuff. 998 00:45:31,520 --> 00:45:35,200 Speaker 20: But the selflessness of so many are New Zealanders, it 999 00:45:35,400 --> 00:45:37,680 Speaker 20: was it just fired me up. And I think the 1000 00:45:37,760 --> 00:45:40,520 Speaker 20: whole night everyone was just riveted to every story that 1001 00:45:40,640 --> 00:45:43,160 Speaker 20: you heard and just gives you so much faith around 1002 00:45:43,160 --> 00:45:45,000 Speaker 20: what we're doing in New Zealand and the values we 1003 00:45:45,120 --> 00:45:47,880 Speaker 20: have and you know, some of the some of the 1004 00:45:48,120 --> 00:45:50,480 Speaker 20: just amazing work and the selfless work that people do. 1005 00:45:51,000 --> 00:45:53,160 Speaker 2: Does it answer the question because one of my concerns 1006 00:45:53,200 --> 00:45:55,200 Speaker 2: in the early days was we're only a country five 1007 00:45:55,239 --> 00:45:56,919 Speaker 2: million people, so we're going to run out of people 1008 00:45:56,960 --> 00:45:59,799 Speaker 2: to honor. And yet that that indicates to me there's 1009 00:45:59,880 --> 00:46:01,879 Speaker 2: no shortage of people doing brilliant things. 1010 00:46:02,120 --> 00:46:04,400 Speaker 20: Yeah, like I like, I probably only knew about four 1011 00:46:04,480 --> 00:46:06,720 Speaker 20: or five of the people last night, so every story 1012 00:46:06,840 --> 00:46:09,920 Speaker 20: was pretty much new and just completely blown away. But 1013 00:46:10,040 --> 00:46:12,120 Speaker 20: that five million things really interesting. I think with what's 1014 00:46:12,120 --> 00:46:13,880 Speaker 20: happening in the world now, you know, we have to 1015 00:46:14,040 --> 00:46:17,040 Speaker 20: use our competitive advantage that there is only five million 1016 00:46:17,080 --> 00:46:19,160 Speaker 20: of us, so we're smaller than Melbourne. We should be 1017 00:46:19,160 --> 00:46:20,040 Speaker 20: able to get stuff done. 1018 00:46:20,400 --> 00:46:21,359 Speaker 3: And that was a bit of a theme. 1019 00:46:21,400 --> 00:46:23,160 Speaker 20: I think, you know, with what's happening with the world, 1020 00:46:23,280 --> 00:46:27,520 Speaker 20: you know, power with you know, the the energy crisis 1021 00:46:27,600 --> 00:46:30,520 Speaker 20: happening that I think, you know, we've been quite passive 1022 00:46:30,560 --> 00:46:32,120 Speaker 20: over the last few years. And I've talked about this 1023 00:46:32,280 --> 00:46:32,719 Speaker 20: last night. 1024 00:46:33,239 --> 00:46:34,400 Speaker 3: Now that we are in. 1025 00:46:36,040 --> 00:46:40,320 Speaker 20: The next crisis, that you know, petrol prices are so expensive, 1026 00:46:40,560 --> 00:46:42,439 Speaker 20: and something happening on the other side of the world 1027 00:46:42,520 --> 00:46:45,600 Speaker 20: affects us. That wars changing. It's not just about people 1028 00:46:45,640 --> 00:46:49,480 Speaker 20: finding missiles at each other. It's it's creating an economic 1029 00:46:49,560 --> 00:46:53,000 Speaker 20: impact all across the world. I think at fire, it 1030 00:46:53,120 --> 00:46:55,239 Speaker 20: has fired a lot of kiwis up to Actually, we 1031 00:46:55,280 --> 00:46:57,520 Speaker 20: can't just muck around anymore. We need to drive change. 1032 00:46:57,760 --> 00:46:59,200 Speaker 3: So you reckon this is a tipping point. 1033 00:46:59,360 --> 00:47:01,080 Speaker 20: Yeah, absolute encouraging. 1034 00:47:01,719 --> 00:47:04,440 Speaker 2: What's your view of the disconnect if there is one 1035 00:47:04,560 --> 00:47:07,359 Speaker 2: between what you could know about New Zealand think about 1036 00:47:07,400 --> 00:47:09,800 Speaker 2: New Zealand. In other words, we're in a funk versus 1037 00:47:10,040 --> 00:47:12,080 Speaker 2: what is actually out there and happening. 1038 00:47:12,480 --> 00:47:14,040 Speaker 20: Well, we are in a funk, and part of that 1039 00:47:14,200 --> 00:47:16,120 Speaker 20: is I don't think we've had that national discussion of 1040 00:47:16,200 --> 00:47:18,880 Speaker 20: where we sit in the world after COVID. You know, 1041 00:47:19,000 --> 00:47:21,960 Speaker 20: that was a big event for us. But with what's 1042 00:47:22,000 --> 00:47:26,400 Speaker 20: happening with technology and with global politics, you know, we 1043 00:47:26,520 --> 00:47:28,560 Speaker 20: are it does feel like we're being left behind a 1044 00:47:28,600 --> 00:47:31,880 Speaker 20: little bit. And we're also we had when other countries 1045 00:47:31,920 --> 00:47:34,520 Speaker 20: were rebuilding after COVID, we had three hundred thousand people 1046 00:47:34,600 --> 00:47:37,640 Speaker 20: rated from US, so you know, the Australians were running 1047 00:47:37,719 --> 00:47:42,480 Speaker 20: job fairs, doing a radio advertising to you know, to 1048 00:47:42,600 --> 00:47:45,000 Speaker 20: take out take that cohort of people that are mobile 1049 00:47:45,080 --> 00:47:47,479 Speaker 20: with their careers. So we have lost that group of people. 1050 00:47:47,719 --> 00:47:51,520 Speaker 20: Yet we still have these big advantages being only five 1051 00:47:51,600 --> 00:47:58,120 Speaker 20: million of us, you know, having the ability to create abundant, 1052 00:47:58,400 --> 00:48:03,040 Speaker 20: a renewable tricity. You know, what we're doing on the 1053 00:48:03,160 --> 00:48:06,560 Speaker 20: digital size of things positioned us really well for AI. 1054 00:48:07,600 --> 00:48:09,880 Speaker 20: We have access to all the technology in the world. 1055 00:48:10,200 --> 00:48:12,840 Speaker 20: We have distance, so we feel safe. People want to 1056 00:48:12,880 --> 00:48:14,600 Speaker 20: be here because the rest of the world is scary. 1057 00:48:15,000 --> 00:48:17,560 Speaker 20: So you line all of those things up. It really 1058 00:48:17,680 --> 00:48:18,840 Speaker 20: is our time to move forward. 1059 00:48:19,760 --> 00:48:21,920 Speaker 2: I'm lucky enough to know a group of guys like you. 1060 00:48:22,680 --> 00:48:24,960 Speaker 2: Why do you Some of them have gone, A lot 1061 00:48:25,040 --> 00:48:27,920 Speaker 2: of people have gone at your level have gone. Why 1062 00:48:28,000 --> 00:48:28,680 Speaker 2: do you stay? 1063 00:48:31,080 --> 00:48:33,000 Speaker 20: Because I think we're all kind of proud New Zealanders 1064 00:48:33,000 --> 00:48:35,800 Speaker 20: and it's really it's awesome to live here. And I 1065 00:48:35,880 --> 00:48:39,640 Speaker 20: spent thirty years traveling, you know, all around the world, 1066 00:48:39,680 --> 00:48:42,600 Speaker 20: and it is so good here. But the reality is, 1067 00:48:42,640 --> 00:48:45,480 Speaker 20: with what I've done at zero, my income now is global. 1068 00:48:45,520 --> 00:48:48,399 Speaker 20: If I was working here and I had to earn 1069 00:48:48,840 --> 00:48:51,280 Speaker 20: a salary here, I probably would go because the salaries 1070 00:48:51,320 --> 00:48:53,800 Speaker 20: are so much more, the markets are so much larger. 1071 00:48:54,120 --> 00:48:56,480 Speaker 20: But I've been lucky enough to engineer a career where 1072 00:48:56,480 --> 00:49:02,600 Speaker 20: I can stay here, I can work internationally or grow 1073 00:49:02,680 --> 00:49:05,400 Speaker 20: businesses from here to get all of the benefits. And 1074 00:49:05,520 --> 00:49:08,680 Speaker 20: I think that's why in this next phase, this sort 1075 00:49:08,719 --> 00:49:12,520 Speaker 20: of post full time work, using those skills and seeing 1076 00:49:12,560 --> 00:49:15,759 Speaker 20: all the opportunity, that's what really fires a lot of 1077 00:49:15,840 --> 00:49:17,400 Speaker 20: us up. We really can make a difference. 1078 00:49:17,760 --> 00:49:18,839 Speaker 3: You know, it's a pretty. 1079 00:49:18,560 --> 00:49:21,920 Speaker 20: Small Petrie dish here and we all know everybody. You know, 1080 00:49:22,000 --> 00:49:23,800 Speaker 20: we know all the ministers, we know the Prime Minister, 1081 00:49:24,520 --> 00:49:26,320 Speaker 20: we know all the business leaders, and you can have 1082 00:49:26,440 --> 00:49:29,600 Speaker 20: those conversations much much faster than you can in much 1083 00:49:29,640 --> 00:49:32,399 Speaker 20: bigger places. So that was so exciting about last night. 1084 00:49:32,440 --> 00:49:35,080 Speaker 20: There's a real ambition for New Zealand and I think 1085 00:49:35,120 --> 00:49:37,520 Speaker 20: with the world being a little bit fractured, well very 1086 00:49:37,600 --> 00:49:40,600 Speaker 20: fractured and kind of crazy at the moment, there's a 1087 00:49:40,680 --> 00:49:43,319 Speaker 20: time for our values that you know, for us to lead, 1088 00:49:43,400 --> 00:49:45,120 Speaker 20: we need to contribute something to the world. 1089 00:49:45,480 --> 00:49:47,839 Speaker 2: Were you always into the philanthropy? Was that the plan 1090 00:49:47,960 --> 00:49:49,919 Speaker 2: in starting a business and doing well that you would 1091 00:49:50,000 --> 00:49:51,759 Speaker 2: give back in some way shape upon Is that who 1092 00:49:51,840 --> 00:49:52,160 Speaker 2: you are? 1093 00:49:52,760 --> 00:49:54,279 Speaker 20: No, I don't think you even think about that when 1094 00:49:54,280 --> 00:49:56,520 Speaker 20: you're doing business, just doing business. It's pretty stressful and 1095 00:49:56,560 --> 00:49:58,480 Speaker 20: you're flying around the world and you know, at one 1096 00:49:58,520 --> 00:50:01,400 Speaker 20: point we had five thousand staff, so you've got a 1097 00:50:01,440 --> 00:50:03,960 Speaker 20: lot of responsibility for that. But once you sort of 1098 00:50:04,040 --> 00:50:06,279 Speaker 20: finish and you take your breath for a year or two, 1099 00:50:06,800 --> 00:50:09,680 Speaker 20: then you think about, you know, you know, yet pretty 1100 00:50:09,680 --> 00:50:12,719 Speaker 20: bored doing nothing. And for me, it was like, I 1101 00:50:12,880 --> 00:50:14,759 Speaker 20: just really wanted to think about what can I do 1102 00:50:15,200 --> 00:50:17,560 Speaker 20: in New Zealand. So that's what you know, the projects 1103 00:50:17,560 --> 00:50:21,840 Speaker 20: we're doing in Queenstown. We have a really unique problem 1104 00:50:21,920 --> 00:50:25,040 Speaker 20: down there. We have some nights forty times as many 1105 00:50:25,200 --> 00:50:28,480 Speaker 20: tourists then rate payers. Yet with our centralized tax system, 1106 00:50:28,680 --> 00:50:31,200 Speaker 20: it's very you know, all of our infrastructure networks are 1107 00:50:31,280 --> 00:50:37,880 Speaker 20: at over capacity. You know, we don't have enough electricity 1108 00:50:37,960 --> 00:50:41,320 Speaker 20: down there. Wastewater is a problem. We don't have enough schools, 1109 00:50:41,600 --> 00:50:44,440 Speaker 20: Public transport is a mess. So what we're trying to 1110 00:50:44,480 --> 00:50:46,440 Speaker 20: do down there is to lean in and use our 1111 00:50:46,480 --> 00:50:49,600 Speaker 20: private sector schools to solve these problems. And if we 1112 00:50:49,680 --> 00:50:52,239 Speaker 20: can do that, hopefully it gets our mojo back for 1113 00:50:52,320 --> 00:50:53,080 Speaker 20: all in New Zealand. 1114 00:50:53,280 --> 00:50:56,040 Speaker 2: What I want to know is in that scenario, so 1115 00:50:56,200 --> 00:50:58,840 Speaker 2: how much of it's on a person like you versus 1116 00:50:58,920 --> 00:51:01,160 Speaker 2: it's on the government. Why are you in business with 1117 00:51:01,320 --> 00:51:03,440 Speaker 2: the waste water and people who can't do the job properly? 1118 00:51:03,640 --> 00:51:03,759 Speaker 7: Well? 1119 00:51:03,760 --> 00:51:04,600 Speaker 3: Because it's really hard. 1120 00:51:04,640 --> 00:51:08,000 Speaker 20: I mean we are a subscale country, and there's other 1121 00:51:08,080 --> 00:51:10,920 Speaker 20: things that are really important. The way the world's changing, 1122 00:51:11,000 --> 00:51:15,880 Speaker 20: everything's got really expensive and you know, and it's you know, 1123 00:51:16,280 --> 00:51:20,080 Speaker 20: to how to do politics in New Zealand, like it's 1124 00:51:20,560 --> 00:51:21,600 Speaker 20: you know, it doesn't pay that well. 1125 00:51:21,920 --> 00:51:23,200 Speaker 1: So a lot of the really. 1126 00:51:23,040 --> 00:51:26,239 Speaker 20: Talented kind of managers and entrepreneurs are doing their own 1127 00:51:26,239 --> 00:51:28,200 Speaker 20: business thing because it's so easy to do business now 1128 00:51:28,680 --> 00:51:31,440 Speaker 20: in the tech world. So you put all those things together, 1129 00:51:31,520 --> 00:51:33,560 Speaker 20: it's actually really hard. I'd hate to be a politician 1130 00:51:33,600 --> 00:51:36,120 Speaker 20: because you know, you're trying to make the least worse 1131 00:51:36,239 --> 00:51:38,279 Speaker 20: choice of a whole lot of things. So that's why 1132 00:51:38,320 --> 00:51:40,279 Speaker 20: I love the idea. We do have to grow, you know, 1133 00:51:40,360 --> 00:51:42,839 Speaker 20: and that's what we try to do at zero. Small 1134 00:51:42,880 --> 00:51:46,800 Speaker 20: businesses are the biggest contributor to each economy. If we 1135 00:51:46,880 --> 00:51:49,000 Speaker 20: give them the tools to add one more job or 1136 00:51:49,080 --> 00:51:51,839 Speaker 20: pay people more, that's how we grow. And that's why 1137 00:51:51,920 --> 00:51:54,960 Speaker 20: I think growth is really urgent, but doing it in 1138 00:51:55,040 --> 00:51:58,680 Speaker 20: the right way. So you're bullish on this country generally, No, 1139 00:51:58,760 --> 00:52:02,560 Speaker 20: I'm pretty down at the moment. But I think the 1140 00:52:03,400 --> 00:52:05,520 Speaker 20: great thing is, you know, I don't think we ever 1141 00:52:07,280 --> 00:52:09,839 Speaker 20: give up that with the some of the experiences we're 1142 00:52:09,840 --> 00:52:12,080 Speaker 20: having at the moment, like we're being to fast track 1143 00:52:12,200 --> 00:52:15,560 Speaker 20: for our gondola projects soon we're working on our public 1144 00:52:15,640 --> 00:52:17,600 Speaker 20: hospital down there. If we can get a few of 1145 00:52:17,640 --> 00:52:19,440 Speaker 20: these wins over the next few years we can show 1146 00:52:19,480 --> 00:52:20,640 Speaker 20: there's a new way of doing things. 1147 00:52:20,680 --> 00:52:21,360 Speaker 3: We're off and running. 1148 00:52:21,520 --> 00:52:23,640 Speaker 2: Yeah, with the award last night and the knighthood, you're 1149 00:52:23,640 --> 00:52:26,000 Speaker 2: getting bored with being on it, I. 1150 00:52:26,000 --> 00:52:29,480 Speaker 20: Think I'm done now, so no, I get I get 1151 00:52:29,560 --> 00:52:31,640 Speaker 20: much more excitement seeing the next generation come through. 1152 00:52:31,719 --> 00:52:34,239 Speaker 3: To be honest, good on you, lovely to see good Sir, 1153 00:52:34,280 --> 00:52:36,040 Speaker 3: ro Drew. It is sixteen to wait. 1154 00:52:37,360 --> 00:52:41,800 Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio powered 1155 00:52:41,880 --> 00:52:42,600 Speaker 1: by the News Talks. 1156 00:52:42,600 --> 00:52:42,880 Speaker 5: It'd be. 1157 00:52:44,400 --> 00:52:46,600 Speaker 2: Totally from the New Zealander of the Year awards last night. 1158 00:52:46,920 --> 00:52:50,480 Speaker 2: Young New Zealander Lucy Blackiston, who's founder and CEO, Shit 1159 00:52:50,520 --> 00:52:53,719 Speaker 2: you should care about? Senior New Zealander doctor Ellen and 1160 00:52:53,800 --> 00:52:57,520 Speaker 2: Hazel Curve volunteer medical missions to Palestine. Innovator of the 1161 00:52:57,600 --> 00:53:01,600 Speaker 2: Year's Craig Piggot, who's with Halter which is nagratequ innovation company. 1162 00:53:01,800 --> 00:53:04,359 Speaker 2: And Sustainability Leader of the Year was my mile mate 1163 00:53:04,360 --> 00:53:07,480 Speaker 2: Mike Casey with the cherries and the electric harvest is 1164 00:53:07,520 --> 00:53:09,560 Speaker 2: in Christy. In fact, it is talking off here with 1165 00:53:09,640 --> 00:53:11,560 Speaker 2: Rod because Mike put me on to I hope I'm 1166 00:53:11,600 --> 00:53:15,719 Speaker 2: not giving away confidences here, but Mike put me on too, Rod, 1167 00:53:15,800 --> 00:53:20,520 Speaker 2: because Rod's got a ty Can Turbos electric car. So 1168 00:53:20,640 --> 00:53:22,440 Speaker 2: Mike was trying to get me to buy an electric car, 1169 00:53:22,560 --> 00:53:24,359 Speaker 2: and he goes, if you want an electric car, talk 1170 00:53:24,400 --> 00:53:27,560 Speaker 2: to Rod. Rod's got the tie can from Turbos drive 1171 00:53:27,680 --> 00:53:30,600 Speaker 2: that I'd already driven one. So anyway, I've started the 1172 00:53:30,600 --> 00:53:34,360 Speaker 2: conversation this week with my wife hasn't gone well. Obviously, 1173 00:53:35,080 --> 00:53:39,680 Speaker 2: she was at the dentist yesterday and her dentist collects Porsches, 1174 00:53:40,719 --> 00:53:43,360 Speaker 2: which gives you a good indication of probably why you 1175 00:53:43,360 --> 00:53:46,319 Speaker 2: should become a dentist. Anyway, he collects Porsches, and she's 1176 00:53:46,360 --> 00:53:49,640 Speaker 2: at the dentist and he goes, what's your trigger points 1177 00:53:49,880 --> 00:53:53,719 Speaker 2: on EV's and she goes, quote unquote, I would rather 1178 00:53:53,960 --> 00:53:58,600 Speaker 2: walk than buy an EV. He goes, me too, or 1179 00:53:58,719 --> 00:54:00,960 Speaker 2: cycle because he's a cyclist cycles for an hour and 1180 00:54:01,000 --> 00:54:03,320 Speaker 2: fifteen every day, so he's got his collection of Porsches 1181 00:54:03,320 --> 00:54:05,640 Speaker 2: and his bicycles, so he's not buying an EV. 1182 00:54:06,040 --> 00:54:07,320 Speaker 19: Put a bike rack on a Porsche. 1183 00:54:07,760 --> 00:54:09,000 Speaker 2: No bike racks on the Porsche. 1184 00:54:09,080 --> 00:54:09,720 Speaker 3: Now he doesn't. 1185 00:54:09,719 --> 00:54:12,959 Speaker 2: But having said that, I'm in the business, I'm close 1186 00:54:13,000 --> 00:54:14,799 Speaker 2: to being in the business of possibly looking at an 1187 00:54:14,840 --> 00:54:18,520 Speaker 2: EV because I'm thinking to myself, why not, when's a 1188 00:54:18,520 --> 00:54:20,680 Speaker 2: better time than an oil crisis to get into this 1189 00:54:20,760 --> 00:54:24,000 Speaker 2: business of evs. So I broached that this week in 1190 00:54:24,080 --> 00:54:27,120 Speaker 2: a really casual let's not make it a conversation or 1191 00:54:27,120 --> 00:54:29,960 Speaker 2: anything official with you know who, and. 1192 00:54:32,000 --> 00:54:32,640 Speaker 3: Didn't go well. 1193 00:54:32,880 --> 00:54:34,840 Speaker 19: You've had a lot of people in your air about 1194 00:54:35,160 --> 00:54:36,680 Speaker 19: because Stephen Joyce last week. 1195 00:54:36,800 --> 00:54:38,759 Speaker 2: Letephen Joyce was here, a chairman of the board, former 1196 00:54:38,800 --> 00:54:40,319 Speaker 2: financeman said compulsory. 1197 00:54:40,400 --> 00:54:43,840 Speaker 19: When you drive an EV yourself, you just want to 1198 00:54:43,840 --> 00:54:46,160 Speaker 19: make yourself feel better about it by insisting that other 1199 00:54:46,200 --> 00:54:47,239 Speaker 19: people should get one too. 1200 00:54:47,719 --> 00:54:49,520 Speaker 2: Something that could be something in that. Actually he's a 1201 00:54:49,560 --> 00:54:51,520 Speaker 2: Pollstar driver and he loves the Polestar. I would get 1202 00:54:51,520 --> 00:54:54,080 Speaker 2: another Pollster? Should he in New Zealand kill the Auckland 1203 00:54:54,080 --> 00:54:58,080 Speaker 2: New York route? Business desk interesting question. Guy called David Mackenzie, 1204 00:54:58,440 --> 00:55:00,880 Speaker 2: former chair of the Christich Internation Airports, so he knows 1205 00:55:00,920 --> 00:55:04,120 Speaker 2: about aviation. He goes if in New Zealand looking to 1206 00:55:04,160 --> 00:55:06,680 Speaker 2: save some money, kill Auckland New York ties up the 1207 00:55:06,760 --> 00:55:09,200 Speaker 2: plane too long one hundred and twenty hours of operation 1208 00:55:09,320 --> 00:55:12,240 Speaker 2: required for that singular route. It only works three times 1209 00:55:12,280 --> 00:55:16,320 Speaker 2: a week, and it was a thing for foreun Furn's 1210 00:55:16,400 --> 00:55:17,000 Speaker 2: now gone. 1211 00:55:17,400 --> 00:55:19,520 Speaker 3: What have you been on that? I've never been on it, 1212 00:55:19,640 --> 00:55:20,200 Speaker 3: and I won't. 1213 00:55:20,800 --> 00:55:25,880 Speaker 2: It's too far, too edgy, too sketchy, too limited to 1214 00:55:26,040 --> 00:55:28,520 Speaker 2: head when Kale wins. You know what I'm saying. But 1215 00:55:28,640 --> 00:55:30,200 Speaker 2: I thought it was an interesting idea, and good on 1216 00:55:30,280 --> 00:55:31,359 Speaker 2: them for saying it out loud. 1217 00:55:31,640 --> 00:55:35,279 Speaker 1: Ten away from eight the Mike Hosking Breakfast with a 1218 00:55:35,440 --> 00:55:38,200 Speaker 1: Vita Retirement Communities News togs had been. 1219 00:55:38,280 --> 00:55:40,800 Speaker 2: We flew Auckland to New York JFK last August. It 1220 00:55:40,840 --> 00:55:42,640 Speaker 2: was brilliant win and a flash highly recommended. 1221 00:55:42,680 --> 00:55:43,160 Speaker 3: Thank you, David. 1222 00:55:43,239 --> 00:55:46,640 Speaker 2: Now, apart from filling a jerry can this weekend, the 1223 00:55:46,680 --> 00:55:48,400 Speaker 2: Warriors are going to be part of your weekend surely 1224 00:55:48,920 --> 00:55:51,879 Speaker 2: nights tomorrow. It's our first away adventure the season. Small 1225 00:55:51,920 --> 00:55:54,800 Speaker 2: injury issues, Harris Avitas out upside, Mitch Barnett's back in 1226 00:55:54,800 --> 00:55:57,360 Speaker 2: the reserves. Monty bethams with us of course, Monty morning. 1227 00:55:58,200 --> 00:55:58,839 Speaker 5: Good morning, Mike. 1228 00:55:58,880 --> 00:56:01,239 Speaker 6: I'm very jealous of you're a jumper or you're a 1229 00:56:01,320 --> 00:56:04,240 Speaker 6: jacket that you got last week. One of them very limited. 1230 00:56:04,480 --> 00:56:05,640 Speaker 3: Have you got one of these? 1231 00:56:05,680 --> 00:56:08,400 Speaker 6: I think that is just the second one that I've 1232 00:56:08,440 --> 00:56:11,600 Speaker 6: seen out there in circulation and that has come to you, 1233 00:56:11,880 --> 00:56:14,040 Speaker 6: So you should feel very special, my friends. 1234 00:56:13,880 --> 00:56:16,480 Speaker 2: I do feel special and the more I wear it, 1235 00:56:16,600 --> 00:56:18,040 Speaker 2: and I wear it a lot. I wore it to 1236 00:56:18,080 --> 00:56:20,880 Speaker 2: bed last night and it's lovely and comfy. It's a 1237 00:56:20,920 --> 00:56:23,319 Speaker 2: beautiful quality piece of merchandise. 1238 00:56:24,880 --> 00:56:25,560 Speaker 5: Well deserved. 1239 00:56:25,800 --> 00:56:28,480 Speaker 2: Thank you, You're so kind. This is I don't even 1240 00:56:28,520 --> 00:56:30,040 Speaker 2: know what to ask you, apart from I mean, how 1241 00:56:30,080 --> 00:56:31,640 Speaker 2: good are we? We're so good, aren't we? 1242 00:56:33,040 --> 00:56:33,200 Speaker 3: Oh? 1243 00:56:33,480 --> 00:56:33,799 Speaker 5: Very good? 1244 00:56:33,840 --> 00:56:36,759 Speaker 6: And as you expect, you know, like two from two 1245 00:56:36,800 --> 00:56:39,440 Speaker 6: they have been at home. Newcastle Knights are also two 1246 00:56:39,480 --> 00:56:41,879 Speaker 6: from to themselves and they return home for the first time, 1247 00:56:41,960 --> 00:56:44,880 Speaker 6: but as we know, they're going to be without Calumponger. 1248 00:56:44,920 --> 00:56:47,480 Speaker 6: The last ten times without Calum Ponger they haven't got 1249 00:56:47,520 --> 00:56:50,520 Speaker 6: a win. And also Dylan Brown, who's been in fantastic form. 1250 00:56:50,600 --> 00:56:53,360 Speaker 6: So first one away from home, a couple of injury 1251 00:56:53,400 --> 00:56:56,359 Speaker 6: issues ourselves, but with the confidence that they've got eighty 1252 00:56:56,440 --> 00:56:59,000 Speaker 6: points in the last two weeks, you think the Warriors 1253 00:56:59,080 --> 00:57:01,319 Speaker 6: have a very very good times of going three from three. 1254 00:57:01,560 --> 00:57:04,480 Speaker 2: So what's clicked in the two so far? Not just 1255 00:57:04,680 --> 00:57:07,800 Speaker 2: wins but really comprehensive wins. What's going on? 1256 00:57:09,160 --> 00:57:11,480 Speaker 6: I think coming into round one, there will be a 1257 00:57:11,520 --> 00:57:14,320 Speaker 6: lot of apprehensive people, especially from the form and the 1258 00:57:14,440 --> 00:57:17,360 Speaker 6: trials because it was up and down. There was no 1259 00:57:17,560 --> 00:57:21,080 Speaker 6: real charity in terms of seeing these types of performances, 1260 00:57:21,640 --> 00:57:23,479 Speaker 6: you know, like back to back wins for the first 1261 00:57:23,480 --> 00:57:25,600 Speaker 6: time since twenty and eighteen when they won five in 1262 00:57:25,640 --> 00:57:29,320 Speaker 6: a row. But also to score really good points in 1263 00:57:29,440 --> 00:57:31,640 Speaker 6: terms of a number of points. The Warriors in the 1264 00:57:31,720 --> 00:57:34,280 Speaker 6: past have been a team they had a struggle for points. 1265 00:57:34,360 --> 00:57:38,240 Speaker 6: But eighty points, forty points against some big names, what's collector? 1266 00:57:38,360 --> 00:57:40,640 Speaker 6: I think I believe that they're fit and it's more 1267 00:57:40,720 --> 00:57:42,640 Speaker 6: time underneath the very good coaching staff. 1268 00:57:43,760 --> 00:57:44,640 Speaker 5: The charity is there. 1269 00:57:45,720 --> 00:57:48,080 Speaker 6: I think the younger guys that were there last year 1270 00:57:48,480 --> 00:57:51,760 Speaker 6: in previous years really looked like they feel better in 1271 00:57:51,840 --> 00:57:54,480 Speaker 6: their skin under the process and what they need to 1272 00:57:54,560 --> 00:57:58,200 Speaker 6: do to be better rugby league players at first grade level. 1273 00:57:58,560 --> 00:58:00,640 Speaker 2: Cameron George, when he was in here giving the movie 1274 00:58:00,680 --> 00:58:03,000 Speaker 2: my jacket said, what we had last year with some newbies, 1275 00:58:03,200 --> 00:58:05,160 Speaker 2: the newbies and our hardening our old players, and that 1276 00:58:05,240 --> 00:58:06,240 Speaker 2: makes a different sets. 1277 00:58:06,040 --> 00:58:09,840 Speaker 6: Fear absolutely, you know, they say you're not really a 1278 00:58:09,920 --> 00:58:11,960 Speaker 6: first grade player to you play fifty games or you 1279 00:58:12,040 --> 00:58:15,240 Speaker 6: get closer that in terms of experience, especially the pace 1280 00:58:15,640 --> 00:58:19,920 Speaker 6: and the skill sets that amongst the game of today. 1281 00:58:20,000 --> 00:58:22,960 Speaker 6: So to have these kids get used to it, they've 1282 00:58:23,000 --> 00:58:25,440 Speaker 6: been coming through the pathway systems. They've been playing together. 1283 00:58:25,920 --> 00:58:26,439 Speaker 5: Last year. 1284 00:58:26,560 --> 00:58:29,680 Speaker 6: Don't forget there that the cup team won two titles. 1285 00:58:30,000 --> 00:58:32,240 Speaker 6: They won the state title and they also won the 1286 00:58:32,320 --> 00:58:35,200 Speaker 6: New South Wales title. So those boys who play in 1287 00:58:35,240 --> 00:58:37,720 Speaker 6: those teams have been coming up. They've been training alongside 1288 00:58:37,760 --> 00:58:41,480 Speaker 6: the top boys, the top thirty. Have been buoyed by 1289 00:58:41,600 --> 00:58:44,000 Speaker 6: the pos sessions during the week. You know they say 1290 00:58:44,080 --> 00:58:48,200 Speaker 6: iron sharpens iron, and when everyone's training well and plane 1291 00:58:48,240 --> 00:58:50,960 Speaker 6: to get the confidences up and it shows out there 1292 00:58:50,960 --> 00:58:53,320 Speaker 6: on the field. But this is a test away at 1293 00:58:53,360 --> 00:58:53,840 Speaker 6: the Knights. 1294 00:58:54,200 --> 00:58:55,800 Speaker 2: All right, mate, you go well, always good to have 1295 00:58:55,840 --> 00:58:58,440 Speaker 2: you on the progate. Monti Bigton, former Warriors captain and 1296 00:58:58,720 --> 00:59:01,000 Speaker 2: all round good bloke. Any good blokes in the last 1297 00:59:01,040 --> 00:59:02,560 Speaker 2: half hour, how uplifted do you feel? 1298 00:59:02,560 --> 00:59:03,120 Speaker 3: For goodness sake? 1299 00:59:03,120 --> 00:59:05,360 Speaker 2: And we haven't even got to Tim Katie who will 1300 00:59:05,440 --> 00:59:07,760 Speaker 2: be with us but moments away and Mike, you've just 1301 00:59:07,840 --> 00:59:10,280 Speaker 2: contradicted yourself. You've gone on for years about how you 1302 00:59:10,440 --> 00:59:13,400 Speaker 2: never have an ev Yeah, no, no, it's true. I 1303 00:59:13,520 --> 00:59:16,000 Speaker 2: am contrary, or I could be just a change in 1304 00:59:16,040 --> 00:59:17,320 Speaker 2: my mind. Who knows anyway, more. 1305 00:59:17,280 --> 00:59:22,960 Speaker 1: Shortly asking the questions others won't the mic asking Breakfast 1306 00:59:23,120 --> 00:59:26,920 Speaker 1: with Ranger of a Sport SV the Ultimate Performance SUV 1307 00:59:27,200 --> 00:59:28,040 Speaker 1: news togs head b. 1308 00:59:28,320 --> 00:59:32,480 Speaker 2: I put to ask Nikola willis earlier on whether we're 1309 00:59:32,520 --> 00:59:34,680 Speaker 2: at a tipping point in this country and whether the 1310 00:59:34,800 --> 00:59:38,120 Speaker 2: lessons learned on vulnerability will ever be dealt to in 1311 00:59:38,200 --> 00:59:41,120 Speaker 2: a way that profoundly changes the way we conduct ourselves 1312 00:59:41,160 --> 00:59:43,920 Speaker 2: in the world, or whether we'll just go, oh, yeah, no, 1313 00:59:44,080 --> 00:59:46,520 Speaker 2: that's the way it is. Because I'm looking at places 1314 00:59:46,600 --> 00:59:48,480 Speaker 2: like Japan and career and the sort of storage of 1315 00:59:48,520 --> 00:59:51,360 Speaker 2: fuel they have. Is it worth investing in the storage. 1316 00:59:51,000 --> 00:59:51,520 Speaker 5: They have or not? 1317 00:59:51,720 --> 00:59:53,880 Speaker 3: But I'm just talking out loud because I suddenly. 1318 00:59:53,640 --> 00:59:56,600 Speaker 2: Thought I reviewed the interviews in my head, and I 1319 00:59:56,640 --> 00:59:59,120 Speaker 2: thought I missed the opportunity to ask that this is 1320 00:59:59,600 --> 01:00:06,640 Speaker 2: the Black Crows. They had an album comeback album in 1321 01:00:06,680 --> 01:00:11,000 Speaker 2: twenty four called Happiness Bastards. We've got a guest on 1322 01:00:11,240 --> 01:00:12,000 Speaker 2: the program. 1323 01:00:11,840 --> 01:00:14,680 Speaker 3: Next week on Tuesdays on Tuesday. His company is. 1324 01:00:14,680 --> 01:00:22,680 Speaker 2: Called Lucky Bastards. I'm giving away no more clues than that. Anyway, 1325 01:00:22,720 --> 01:00:26,480 Speaker 2: it was a strong Comeback apparently one of their most 1326 01:00:26,520 --> 01:00:30,160 Speaker 2: exciting records. This one was done over a two weeks span, 1327 01:00:30,280 --> 01:00:32,160 Speaker 2: which if it was if I did something over a 1328 01:00:32,200 --> 01:00:35,800 Speaker 2: two week span, I wouldn't say so because it makes 1329 01:00:35,840 --> 01:00:37,600 Speaker 2: you look like you're just sort of filling in a 1330 01:00:37,640 --> 01:00:39,080 Speaker 2: bit of time lit, a bit of this, and they 1331 01:00:39,160 --> 01:00:41,160 Speaker 2: moved on with something else. Anyway, there's eleven of these, 1332 01:00:43,080 --> 01:00:45,520 Speaker 2: lasting forty one minutes and fifty nine seconds. 1333 01:00:45,640 --> 01:00:49,400 Speaker 1: A week in review with two degrees, bringing smart business 1334 01:00:49,440 --> 01:00:50,520 Speaker 1: solutions to the table. 1335 01:00:50,560 --> 01:00:52,360 Speaker 2: Okay, Hawksby's Wether's very good morning to you. 1336 01:00:53,720 --> 01:00:55,920 Speaker 16: Good morning to you, Mike Costking. 1337 01:01:04,160 --> 01:01:06,360 Speaker 2: Okay, and tim good morning to you. 1338 01:01:07,640 --> 01:01:10,240 Speaker 3: Good morning mikey Dyki. How you doing, mate, I'm doing 1339 01:01:11,320 --> 01:01:12,680 Speaker 3: doing fantastic, Timo. 1340 01:01:13,280 --> 01:01:15,640 Speaker 2: How much does the dentist away, Katie, by the way, 1341 01:01:15,640 --> 01:01:16,840 Speaker 2: how much of the dentist yesterday? 1342 01:01:17,760 --> 01:01:21,760 Speaker 16: I can't remember, but it's like two is it two 1343 01:01:21,880 --> 01:01:23,360 Speaker 16: hundred and something dollars? 1344 01:01:23,920 --> 01:01:24,200 Speaker 6: I don't know. 1345 01:01:24,240 --> 01:01:26,640 Speaker 16: It's money, it's money well spent. He's very experienced, he's 1346 01:01:26,640 --> 01:01:27,800 Speaker 16: a great deal. I love my dentist. 1347 01:01:30,080 --> 01:01:34,800 Speaker 21: But we agree that you don't just buy an electric 1348 01:01:34,920 --> 01:01:38,120 Speaker 21: car because you might be paying more for petrol for 1349 01:01:38,160 --> 01:01:41,240 Speaker 21: a couple of weeks and also you don't if you are, 1350 01:01:41,640 --> 01:01:44,760 Speaker 21: in his case, a Porsche driver, you certainly don't drive 1351 01:01:44,800 --> 01:01:47,560 Speaker 21: an electric one because half the reason of driving a Porsche. 1352 01:01:47,560 --> 01:01:49,040 Speaker 16: And he races them on tracks by the way. 1353 01:01:49,040 --> 01:01:51,560 Speaker 21: In fact, he asked about whether you're still track racing, 1354 01:01:51,600 --> 01:01:53,960 Speaker 21: and I had to say, you know, since the crash 1355 01:01:54,080 --> 01:01:56,760 Speaker 21: and writing off a car, you're not really doing that anymore. 1356 01:01:58,640 --> 01:02:00,520 Speaker 3: Where where is the truthers? 1357 01:02:01,320 --> 01:02:03,760 Speaker 2: Ever since you put your foot down and didn't allow 1358 01:02:03,880 --> 01:02:06,160 Speaker 2: me to anymore, it's over and the dream was crushed? 1359 01:02:06,280 --> 01:02:09,080 Speaker 21: Not true, no's you just didn't like the traffic on 1360 01:02:09,200 --> 01:02:10,200 Speaker 21: the way to get into the track. 1361 01:02:10,280 --> 01:02:10,640 Speaker 3: That's true. 1362 01:02:11,040 --> 01:02:13,560 Speaker 16: Time to be fair, it takes too long to get there. 1363 01:02:13,760 --> 01:02:16,520 Speaker 22: You know, Wait a minute, I'm hearing someone saying that 1364 01:02:16,600 --> 01:02:19,080 Speaker 22: someone put their foot down. I'm hearing someone else saying that. 1365 01:02:19,240 --> 01:02:22,000 Speaker 2: No, she's right, she's right, she's right. Okay, do you 1366 01:02:22,120 --> 01:02:23,680 Speaker 2: know I was down a back straight term? I was 1367 01:02:23,720 --> 01:02:25,840 Speaker 2: at Highlands, No, I was. I was at Hampton Downs 1368 01:02:26,560 --> 01:02:28,120 Speaker 2: and I used to drive. I used to go from 1369 01:02:28,240 --> 01:02:30,880 Speaker 2: work here to Hampton Down, so that takes it used 1370 01:02:30,880 --> 01:02:33,120 Speaker 2: to be take an hour and it needs to take 1371 01:02:33,160 --> 01:02:35,880 Speaker 2: about twenty eight minutes because the road works. And I 1372 01:02:36,000 --> 01:02:37,919 Speaker 2: was going down a back straight, the main back straight 1373 01:02:37,960 --> 01:02:39,960 Speaker 2: there on the International Circuit one day, and I was 1374 01:02:40,000 --> 01:02:43,800 Speaker 2: doing about two fifty two fifty five and you need 1375 01:02:44,000 --> 01:02:46,120 Speaker 2: there's a hairpin at the end, and you really need 1376 01:02:46,200 --> 01:02:48,800 Speaker 2: to hit the breaking point at the right point, otherwise 1377 01:02:48,960 --> 01:02:51,200 Speaker 2: at the end of the track there's really none of 1378 01:02:51,440 --> 01:02:55,600 Speaker 2: there's no off rent, there's just a wall. And I, 1379 01:02:55,920 --> 01:02:58,720 Speaker 2: because I was too tired, I hit the brake just 1380 01:02:58,800 --> 01:03:01,520 Speaker 2: a bit late, just you know that. It split second 1381 01:03:02,000 --> 01:03:06,240 Speaker 2: and I thought shit, and I thought, I'm too tired 1382 01:03:06,280 --> 01:03:06,760 Speaker 2: to be here. 1383 01:03:07,560 --> 01:03:08,840 Speaker 3: And so I went round the. 1384 01:03:10,440 --> 01:03:12,440 Speaker 2: Corner and then I went around the other corners and 1385 01:03:12,480 --> 01:03:13,560 Speaker 2: got to the end of the track and I thought, 1386 01:03:13,600 --> 01:03:15,080 Speaker 2: now I'll give this a rest for a while until 1387 01:03:15,080 --> 01:03:15,600 Speaker 2: on this time. 1388 01:03:15,760 --> 01:03:18,400 Speaker 3: So that was the end of that. That that sounds good. 1389 01:03:18,720 --> 01:03:23,360 Speaker 3: But you didn't crash? No I didn't. No, I didn't crash. Okay, 1390 01:03:23,840 --> 01:03:27,320 Speaker 3: can I not there? Can I suggest? Is there? 1391 01:03:28,160 --> 01:03:32,680 Speaker 22: Because marriage is about compromise, right, as your unofficial counselor, So. 1392 01:03:33,200 --> 01:03:35,800 Speaker 3: Is there a hybrid that you could both compromise on? 1393 01:03:36,080 --> 01:03:37,840 Speaker 3: You mean, is that the way to go? You mean 1394 01:03:37,840 --> 01:03:41,240 Speaker 3: a plug in? Well no, no, no, but hybrids don't 1395 01:03:41,240 --> 01:03:44,880 Speaker 3: plug in? You mean not a p here. You mean 1396 01:03:45,440 --> 01:03:50,120 Speaker 3: so you well, I mean, well, it's bevl here, isn't it. 1397 01:03:50,160 --> 01:03:52,000 Speaker 3: It's here? I don't know. 1398 01:03:52,040 --> 01:03:53,400 Speaker 2: I mean the point of the point of the pe 1399 01:03:53,440 --> 01:03:55,560 Speaker 2: here is you've got a one plug it and plus 1400 01:03:55,600 --> 01:03:57,000 Speaker 2: you've got to fill it with petrol, which seems to 1401 01:03:57,040 --> 01:03:58,600 Speaker 2: me to be the stupidest thing in the world. Why 1402 01:03:58,600 --> 01:04:00,720 Speaker 2: would you want a few weeks have to plug them 1403 01:04:00,720 --> 01:04:04,640 Speaker 2: in here? You do the heave you don't do You 1404 01:04:04,720 --> 01:04:06,400 Speaker 2: don't know your heaves and your pea hips him. Don't 1405 01:04:06,400 --> 01:04:09,120 Speaker 2: come to the car conversation start cocking it up because 1406 01:04:09,120 --> 01:04:10,040 Speaker 2: you don't know what you're talking about. 1407 01:04:10,080 --> 01:04:11,280 Speaker 3: Do you two want the best news going out? 1408 01:04:11,280 --> 01:04:11,400 Speaker 17: Now? 1409 01:04:11,520 --> 01:04:13,680 Speaker 3: You take the jargon out of the car conversation. That's 1410 01:04:13,720 --> 01:04:14,680 Speaker 3: the deal, that is true. 1411 01:04:14,960 --> 01:04:16,240 Speaker 2: Do you want good news? 1412 01:04:16,320 --> 01:04:16,600 Speaker 3: You too? 1413 01:04:18,640 --> 01:04:18,680 Speaker 14: Me? 1414 01:04:19,200 --> 01:04:21,520 Speaker 3: Yep, it's been pretty good the last half hour. Actually, 1415 01:04:22,440 --> 01:04:23,680 Speaker 3: Rod drewy isn't he lovely? 1416 01:04:23,720 --> 01:04:27,040 Speaker 2: He love us such a fantastic He's a fantastic It 1417 01:04:27,200 --> 01:04:30,439 Speaker 2: was uplifting. I agree between him and Miles Hurrale this week. 1418 01:04:31,760 --> 01:04:34,400 Speaker 2: How much good has the show done? The Country's psyche. 1419 01:04:35,760 --> 01:04:36,160 Speaker 16: Excellent? 1420 01:04:36,240 --> 01:04:38,600 Speaker 21: They were both brilliant and I love the fact that 1421 01:04:38,720 --> 01:04:40,200 Speaker 21: we have people at the top of their game in 1422 01:04:40,240 --> 01:04:42,800 Speaker 21: our country, who love the country back and want to 1423 01:04:42,840 --> 01:04:43,960 Speaker 21: do good stuff and give back. 1424 01:04:44,080 --> 01:04:46,760 Speaker 16: That's actually you know, that doesn't get better than that. 1425 01:04:46,920 --> 01:04:49,560 Speaker 3: Good an agreement? Can we get I've said this before, 1426 01:04:49,640 --> 01:04:51,800 Speaker 3: but can we get Miles Hurrale to run? Okay? 1427 01:04:51,840 --> 01:04:54,080 Speaker 22: So he didn't want the rugby, but if we throw 1428 01:04:54,120 --> 01:04:56,680 Speaker 22: in the knit ball and the cricket, could he just 1429 01:04:56,840 --> 01:04:57,800 Speaker 22: tenos all around? 1430 01:04:57,960 --> 01:05:01,800 Speaker 2: Several sport I was reading yesterday water polo too has 1431 01:05:01,920 --> 01:05:08,520 Speaker 2: troubles and so between cricket, hockey, netball, water polo and rugby. 1432 01:05:10,240 --> 01:05:12,240 Speaker 16: News, I thought you were giving us some good news. 1433 01:05:12,600 --> 01:05:15,200 Speaker 3: Hang on, oh yeah, yeah, thanks, thanks, I have I do? 1434 01:05:15,440 --> 01:05:16,959 Speaker 3: I have the best news you ready? 1435 01:05:17,800 --> 01:05:18,000 Speaker 5: Yep? 1436 01:05:18,280 --> 01:05:21,760 Speaker 3: Yeah, I'll tell you in a moment. Thirteen past the Mic. 1437 01:05:21,680 --> 01:05:26,480 Speaker 1: Hosking Breakfast Full Show podcast on iHeartRadio powered by News Talks. 1438 01:05:26,520 --> 01:05:30,240 Speaker 2: At b sixteen past eight the Weekend. 1439 01:05:29,920 --> 01:05:34,240 Speaker 1: Review with two degrees bringing smart business solutions to the table. 1440 01:05:34,480 --> 01:05:34,600 Speaker 16: NT. 1441 01:05:34,680 --> 01:05:36,560 Speaker 2: Yeah, who's just giving a press conference in which he's 1442 01:05:36,600 --> 01:05:40,840 Speaker 2: claiming he is alive. He has talked the conspiracy theorists 1443 01:05:40,840 --> 01:05:42,720 Speaker 2: at the coffee shop the other day said that they 1444 01:05:42,840 --> 01:05:45,120 Speaker 2: thought that was all Ai, but then they thought Zinda 1445 01:05:45,320 --> 01:05:48,240 Speaker 2: got married. But there you go, the good news, you guys. 1446 01:05:48,320 --> 01:05:51,120 Speaker 2: Here is the coffee shop to my left. 1447 01:05:52,360 --> 01:05:52,520 Speaker 22: Oh. 1448 01:05:53,680 --> 01:05:56,240 Speaker 16: I thought this was good news that could affect everybody. Look, 1449 01:05:56,320 --> 01:05:58,440 Speaker 16: these difficult, dark. 1450 01:05:58,440 --> 01:06:01,240 Speaker 21: And decisive days, we're all feeling a bit kind of like, ah, 1451 01:06:01,360 --> 01:06:03,680 Speaker 21: what's happening. It's got covid vibes. You know, we're a 1452 01:06:03,720 --> 01:06:06,720 Speaker 21: bit everything's a bit topsy turvy and unsettling. I thought 1453 01:06:06,720 --> 01:06:08,560 Speaker 21: you were bringing to the table good news for all 1454 01:06:08,600 --> 01:06:10,480 Speaker 21: of us. But this is just literally good news for 1455 01:06:10,840 --> 01:06:12,280 Speaker 21: literally one person, just for you. 1456 01:06:12,640 --> 01:06:16,880 Speaker 3: No, no, no, oh my god, I'm gonna cry. Hang onkay, 1457 01:06:16,960 --> 01:06:19,320 Speaker 3: Other people go to the coffee shop. People go to 1458 01:06:19,400 --> 01:06:20,120 Speaker 3: the coffee shop. 1459 01:06:20,800 --> 01:06:23,520 Speaker 16: You're only excited because now you'll get a decent espresso. 1460 01:06:23,600 --> 01:06:24,240 Speaker 16: Is that what you're saying. 1461 01:06:24,320 --> 01:06:28,040 Speaker 2: No, I'm our little thing, a little shed out on 1462 01:06:28,160 --> 01:06:30,640 Speaker 2: the courtyard which came and it went, and it came 1463 01:06:30,680 --> 01:06:31,880 Speaker 2: and it went, and it came and it went. 1464 01:06:32,440 --> 01:06:34,200 Speaker 3: What was it called the birdcage or something? 1465 01:06:34,600 --> 01:06:34,960 Speaker 16: I see? 1466 01:06:35,040 --> 01:06:38,160 Speaker 3: Good for them, good for back this morning. Well they're 1467 01:06:38,160 --> 01:06:38,680 Speaker 3: not back yet. 1468 01:06:38,920 --> 01:06:40,720 Speaker 2: But every now and again we look out our window 1469 01:06:40,800 --> 01:06:42,840 Speaker 2: and we see somebody come in and do something, and 1470 01:06:42,960 --> 01:06:45,080 Speaker 2: often it's just they've come in to drop something. Or 1471 01:06:45,120 --> 01:06:48,280 Speaker 2: pick something up or and we think someone's got to 1472 01:06:48,320 --> 01:06:51,120 Speaker 2: do something with it. Anyway, yesterday guy turns up and 1473 01:06:51,200 --> 01:06:54,640 Speaker 2: he starts moving some stuff. This morning it's a construction site. 1474 01:06:55,040 --> 01:06:58,400 Speaker 2: There are cones, oh, there are saw benches. There are 1475 01:06:58,440 --> 01:07:01,760 Speaker 2: guys with tools, truly doing something and they're going to 1476 01:07:01,840 --> 01:07:03,480 Speaker 2: open it and it's going to be a new thing. 1477 01:07:03,840 --> 01:07:06,280 Speaker 2: So that's part of the economic turnaround. The country is 1478 01:07:06,360 --> 01:07:08,960 Speaker 2: on the move, and it's never been better exemplified by 1479 01:07:09,120 --> 01:07:12,120 Speaker 2: a small business who somebody is taking a risk on 1480 01:07:12,440 --> 01:07:14,720 Speaker 2: is about to open the door just in time for 1481 01:07:14,800 --> 01:07:17,000 Speaker 2: winter to service all coffee. So it's going to be fantastic. 1482 01:07:24,160 --> 01:07:26,160 Speaker 2: And the problem, Katie with you is that you're you're 1483 01:07:26,200 --> 01:07:29,479 Speaker 2: part of the wind factor. Instead of celebrating this meeting, 1484 01:07:30,040 --> 01:07:31,600 Speaker 2: you're just going like. 1485 01:07:31,680 --> 01:07:33,200 Speaker 16: That, No, I'm just taking the pulse now. 1486 01:07:33,200 --> 01:07:34,720 Speaker 21: I was talking with a girlfriend uses today and it's 1487 01:07:34,800 --> 01:07:37,160 Speaker 21: just these these are sort of these. 1488 01:07:37,000 --> 01:07:38,800 Speaker 16: Are difficult times. You know, we're trying to move on, 1489 01:07:38,880 --> 01:07:39,680 Speaker 16: we're trying to get ahead. 1490 01:07:39,720 --> 01:07:42,040 Speaker 21: We're trying to do fun stuff like for holidays and 1491 01:07:42,120 --> 01:07:44,000 Speaker 21: make decisions about real estate and stuff like that, and 1492 01:07:44,040 --> 01:07:47,880 Speaker 21: it's like ah okay, Ran and so now we're just 1493 01:07:48,000 --> 01:07:50,960 Speaker 21: like everything's out of our control all the time. It 1494 01:07:51,000 --> 01:07:52,840 Speaker 21: feels like just when you think you might be able 1495 01:07:52,880 --> 01:07:55,560 Speaker 21: to get ahead, the world turns itself upside down again 1496 01:07:55,600 --> 01:07:57,320 Speaker 21: and then everything Do you know what I'm saying? 1497 01:07:57,480 --> 01:07:59,720 Speaker 3: What about Rod? What about Rod? 1498 01:08:00,080 --> 01:08:02,320 Speaker 2: So he's down on the company country, but once again 1499 01:08:02,360 --> 01:08:04,080 Speaker 2: he reminds us what a great So that guy can 1500 01:08:04,120 --> 01:08:05,920 Speaker 2: live literally when you were in the world he wants right, 1501 01:08:06,160 --> 01:08:08,120 Speaker 2: So why is he living here? Because he's got hope 1502 01:08:08,200 --> 01:08:10,040 Speaker 2: and prospect for the country and he can help pull 1503 01:08:10,080 --> 01:08:12,760 Speaker 2: a few leaders to make that happen. So that's and 1504 01:08:12,960 --> 01:08:16,360 Speaker 2: and so here's my philosophy. This is the world, right, 1505 01:08:16,520 --> 01:08:17,400 Speaker 2: this is the new world. 1506 01:08:17,479 --> 01:08:18,040 Speaker 3: The world is. 1507 01:08:18,160 --> 01:08:21,040 Speaker 2: You don't know what the hell's coming next. Right If 1508 01:08:21,080 --> 01:08:23,560 Speaker 2: I'd said to you three weeks ago, someone's going to 1509 01:08:23,600 --> 01:08:25,760 Speaker 2: bomb a round and you go, whatever, So that's going 1510 01:08:25,800 --> 01:08:27,760 Speaker 2: to happen. Then there's going to be another pandemic. Then 1511 01:08:27,760 --> 01:08:29,280 Speaker 2: there's going to be another war, then there's going to 1512 01:08:29,320 --> 01:08:30,760 Speaker 2: be you know, who the hell knows what's going to 1513 01:08:30,800 --> 01:08:31,360 Speaker 2: happen with AI. 1514 01:08:31,800 --> 01:08:32,600 Speaker 5: So it is what it is. 1515 01:08:32,720 --> 01:08:35,080 Speaker 3: So you either get on with it or you don't. 1516 01:08:36,120 --> 01:08:40,120 Speaker 16: It is unsettling, I agree it is, but it is unsettling. 1517 01:08:40,920 --> 01:08:43,120 Speaker 22: It's unsettling, but I think, you know, you've got to 1518 01:08:43,760 --> 01:08:46,680 Speaker 22: it's and and look, it's not just you know, an 1519 01:08:46,760 --> 01:08:49,840 Speaker 22: era of change. It's it's a change of era. We're 1520 01:08:49,920 --> 01:08:52,840 Speaker 22: in a new environment. But it's like I think, you know, 1521 01:08:53,400 --> 01:08:56,439 Speaker 22: I was reflecting on you Robbie Williams interview Mike, and 1522 01:08:56,520 --> 01:08:58,840 Speaker 22: I thought Robbie was sort talking about I think it's 1523 01:08:58,880 --> 01:09:01,080 Speaker 22: how you approach it. So he was talking about, oh, 1524 01:09:01,080 --> 01:09:02,799 Speaker 22: I've got this unfillable hole. 1525 01:09:02,640 --> 01:09:03,880 Speaker 3: Et cetera. I was quite surprised. 1526 01:09:04,040 --> 01:09:07,960 Speaker 22: It's a bit of deficit thinking. But maybe if he 1527 01:09:08,000 --> 01:09:10,639 Speaker 22: looked at it as as the fact that we're all 1528 01:09:11,160 --> 01:09:14,439 Speaker 22: made to do something and there's something that we were 1529 01:09:14,520 --> 01:09:17,040 Speaker 22: just made to do and for him at seeing him performing, 1530 01:09:17,360 --> 01:09:18,960 Speaker 22: each of us need to think, what is it that 1531 01:09:19,040 --> 01:09:19,720 Speaker 22: I was made to do? 1532 01:09:20,040 --> 01:09:21,160 Speaker 3: And that's how you move forward. 1533 01:09:21,680 --> 01:09:25,120 Speaker 21: That's the Japanese ikhagi, isn't it Purpose? That's what keeps us, 1534 01:09:25,320 --> 01:09:27,800 Speaker 21: you know, happy into our old age. Is having feeling 1535 01:09:27,840 --> 01:09:28,280 Speaker 21: like we've. 1536 01:09:28,120 --> 01:09:30,560 Speaker 3: Got a purpose is a mania. 1537 01:09:31,840 --> 01:09:33,200 Speaker 16: It's it's in the blue zones. 1538 01:09:33,280 --> 01:09:35,640 Speaker 2: Remember I love the blue well the guy he did 1539 01:09:35,680 --> 01:09:37,320 Speaker 2: the Blue Zones to be fair was a fraud. 1540 01:09:38,040 --> 01:09:39,479 Speaker 16: So debunking the Blue Zones. 1541 01:09:39,520 --> 01:09:40,240 Speaker 3: Now, no, I'm not. 1542 01:09:40,280 --> 01:09:42,600 Speaker 2: Debunking the Blue Zones, but the guy he did the 1543 01:09:42,680 --> 01:09:44,680 Speaker 2: doco was but he made a bit of that up 1544 01:09:44,840 --> 01:09:46,640 Speaker 2: and it wasn't quite what they made it out to be. 1545 01:09:46,880 --> 01:09:49,680 Speaker 2: So they're unsettling times for me who brought into the 1546 01:09:49,720 --> 01:09:50,360 Speaker 2: Blue zones. 1547 01:09:50,400 --> 01:09:54,160 Speaker 3: And you know, I know, now we're back at now, 1548 01:09:54,200 --> 01:09:56,320 Speaker 3: we're back at the back, at the negative. 1549 01:09:56,400 --> 01:09:58,880 Speaker 2: All I know is I've never been happier and I'm 1550 01:09:58,920 --> 01:10:01,800 Speaker 2: loving life. And if I you know, apart from that, 1551 01:10:02,000 --> 01:10:04,200 Speaker 2: I'm sure of Aneatha you. But apart from that, everything's 1552 01:10:04,240 --> 01:10:06,280 Speaker 2: going well. And there's a little guy opening his coffee 1553 01:10:06,280 --> 01:10:08,040 Speaker 2: shop up and I've had a good week and I've 1554 01:10:08,080 --> 01:10:09,040 Speaker 2: interviewed some good people. 1555 01:10:09,080 --> 01:10:11,360 Speaker 3: I got a good week into heat. What more do 1556 01:10:11,439 --> 01:10:14,600 Speaker 3: you want? You've got a blue blue wires jacket, And 1557 01:10:14,880 --> 01:10:16,479 Speaker 3: I was going to ask you, did you sleep in 1558 01:10:16,560 --> 01:10:17,040 Speaker 3: your jacket? 1559 01:10:17,280 --> 01:10:17,479 Speaker 5: Yeah? 1560 01:10:17,680 --> 01:10:20,439 Speaker 3: I did sleep. I did sleep in my jacket jacket 1561 01:10:20,920 --> 01:10:21,960 Speaker 3: silent sleep. 1562 01:10:22,040 --> 01:10:25,439 Speaker 2: And I zip I looped it up, I zipped it 1563 01:10:25,479 --> 01:10:27,880 Speaker 2: out right to the top and I snuggled down with 1564 01:10:27,960 --> 01:10:29,800 Speaker 2: my pillow on my head, and I dreamed of a 1565 01:10:29,880 --> 01:10:32,080 Speaker 2: third victory against the nights. 1566 01:10:34,120 --> 01:10:35,840 Speaker 3: It is a cool jacket and you are right. 1567 01:10:35,880 --> 01:10:39,000 Speaker 16: We just can control what we can control, what's right in. 1568 01:10:39,000 --> 01:10:39,479 Speaker 6: Front of us. 1569 01:10:39,640 --> 01:10:41,599 Speaker 3: Here we go. I think we've settled the world nicely. 1570 01:10:41,800 --> 01:10:42,800 Speaker 3: You guys have a lovely one. 1571 01:10:42,840 --> 01:10:45,360 Speaker 2: Took ourselves around exactly on. You see, it's been a 1572 01:10:45,400 --> 01:10:46,960 Speaker 2: good session after all. Eight twenty one. 1573 01:10:47,200 --> 01:10:51,840 Speaker 1: Yeah, the mic asking, breakfast with rainthrow of a sport SV, 1574 01:10:52,080 --> 01:10:53,040 Speaker 1: Here's togs eDV. 1575 01:10:53,120 --> 01:10:55,680 Speaker 2: Here's an idea chemist warehouse. Fragrance Frenzy is on. You 1576 01:10:55,760 --> 01:10:57,599 Speaker 2: get into this this weekend. They got up to seventy 1577 01:10:57,600 --> 01:11:00,559 Speaker 2: percent of the recommended retail price big brand fragrances. All 1578 01:11:00,600 --> 01:11:01,960 Speaker 2: the goodies are there. You can do it in store, 1579 01:11:02,040 --> 01:11:04,600 Speaker 2: do it online. But they got the Kelvin Klein eu 1580 01:11:04,640 --> 01:11:06,760 Speaker 2: Fouria men d T one hundred meals for fifty nine 1581 01:11:06,840 --> 01:11:09,720 Speaker 2: ninety nine. You'll save one hundred and fifteen dollars. It's ridiculous. 1582 01:11:10,360 --> 01:11:13,519 Speaker 2: Parker Rabahan Phantom ed T one hundred mills won twenty 1583 01:11:13,600 --> 01:11:16,439 Speaker 2: nine ninety nine, you save eighty What can I oh? 1584 01:11:16,520 --> 01:11:20,120 Speaker 2: Gucci Bamboo EDP seventy five mills only one forty four 1585 01:11:20,200 --> 01:11:22,719 Speaker 2: ninety nine saves you forty five. One of the greats 1586 01:11:22,800 --> 01:11:25,920 Speaker 2: is Emiaki for women EDT one hundred mills seventy nine 1587 01:11:26,000 --> 01:11:28,240 Speaker 2: ninety nine, you're saving one hundred and forty So it's 1588 01:11:28,240 --> 01:11:30,439 Speaker 2: seventy nine ninety nine and you're saving one hundred and 1589 01:11:30,520 --> 01:11:34,080 Speaker 2: fifty bucks. Three days only got to end on Sunday. 1590 01:11:34,240 --> 01:11:37,400 Speaker 2: In addition to your local chemist Warehouse store, you can 1591 01:11:37,479 --> 01:11:40,479 Speaker 2: always order online. You can click and collect, and you 1592 01:11:40,479 --> 01:11:42,640 Speaker 2: can choose fast delivery for same day Deliverary ties and 1593 01:11:42,640 --> 01:11:45,120 Speaker 2: season charges may apply. But the real house of fragrances, 1594 01:11:45,160 --> 01:11:48,439 Speaker 2: for goodness sake, it is Chemist Warehouse. Pasc that's a 1595 01:11:48,600 --> 01:11:50,679 Speaker 2: Netnyahu thing that told you about a moment ago. He's 1596 01:11:50,720 --> 01:11:52,519 Speaker 2: may a culprit on the gas field. He said he 1597 01:11:52,600 --> 01:11:55,040 Speaker 2: did it alone. I mean obviously whether he did it 1598 01:11:55,160 --> 01:11:57,000 Speaker 2: or not doesn't really matter. He's either he either did 1599 01:11:57,080 --> 01:11:58,360 Speaker 2: do it alone or he's been told to say he 1600 01:11:58,439 --> 01:11:58,920 Speaker 2: did it alone. 1601 01:11:58,960 --> 01:11:59,560 Speaker 3: But there it is. 1602 01:11:59,640 --> 01:12:02,920 Speaker 2: He's made colprit. Mike, you got to give national. They're 1603 01:12:02,960 --> 01:12:05,200 Speaker 2: looking forward some credit. They're looking forward for the worst 1604 01:12:05,200 --> 01:12:07,960 Speaker 2: case scenarios and forewarning us, unlike the last lock that 1605 01:12:08,040 --> 01:12:10,280 Speaker 2: did everything last month, fair call. I was thinking about 1606 01:12:10,280 --> 01:12:12,479 Speaker 2: that yesterday. I was watching Luxon and Nicola and I thought, 1607 01:12:13,160 --> 01:12:14,840 Speaker 2: between a rock and a hard place. I mean, there 1608 01:12:14,880 --> 01:12:16,720 Speaker 2: is no worst case scenario because we don't know what 1609 01:12:16,800 --> 01:12:18,840 Speaker 2: the hell's going on, So you can't plan for something 1610 01:12:18,920 --> 01:12:20,800 Speaker 2: you don't know what's going on. Yes, you can get 1611 01:12:20,800 --> 01:12:23,160 Speaker 2: a few mechanisms in place, maybe with a tax department 1612 01:12:23,240 --> 01:12:25,120 Speaker 2: for a credit or a bit of money or something 1613 01:12:25,160 --> 01:12:27,280 Speaker 2: to help you out with a petrol and stuff. But 1614 01:12:27,680 --> 01:12:31,000 Speaker 2: beyond that, what really is the issue is can your 1615 01:12:31,120 --> 01:12:35,880 Speaker 2: suppliers of fuel continue to supply you with fuel? That's 1616 01:12:36,040 --> 01:12:40,240 Speaker 2: the key going forward. Are you still getting deliveries and 1617 01:12:40,400 --> 01:12:42,760 Speaker 2: can you rely on those deliveries? That's the key, Mike. 1618 01:12:43,120 --> 01:12:45,760 Speaker 2: I take heart as a priord key with what Rod 1619 01:12:45,840 --> 01:12:49,160 Speaker 2: Drewy said. On a personal note, my son late twenties, 1620 01:12:49,320 --> 01:12:51,599 Speaker 2: is returning to New Zealand next month after almost three 1621 01:12:51,680 --> 01:12:54,360 Speaker 2: years living and working overseas Sydney, Madrid and Milan. Is 1622 01:12:54,400 --> 01:12:56,479 Speaker 2: an engineer and I hold high hope he can find 1623 01:12:56,560 --> 01:12:59,879 Speaker 2: his next career move here. If not, he'll head back overseas. 1624 01:13:00,000 --> 01:13:00,120 Speaker 1: Well. 1625 01:13:00,200 --> 01:13:02,000 Speaker 2: It'll be good to have him home, Kim. I'm assuming 1626 01:13:02,000 --> 01:13:04,240 Speaker 2: it'll be good to have him home, Mike. Great interview 1627 01:13:04,280 --> 01:13:06,120 Speaker 2: with Rod Dreerury. Good to hear someone taking the place 1628 01:13:06,240 --> 01:13:09,280 Speaker 2: up for a change. And notwithstanding we are on our knees. 1629 01:13:09,320 --> 01:13:12,400 Speaker 2: We need more people like him. He is a good realist. 1630 01:13:12,439 --> 01:13:14,400 Speaker 2: I thought it was a very realistic I said, you're bullish, 1631 01:13:14,400 --> 01:13:16,560 Speaker 2: and he goes, no, but we can be. And I 1632 01:13:16,560 --> 01:13:19,599 Speaker 2: thought that's a good honest assessment. Mike flew home New York, 1633 01:13:19,680 --> 01:13:24,080 Speaker 2: slept twelve hours in economy fab Service, had breakfast a 1634 01:13:24,120 --> 01:13:27,080 Speaker 2: few hours out from Auckland best into a magic holiday. 1635 01:13:27,160 --> 01:13:29,120 Speaker 2: So New York Plant, you seem to be liking it. 1636 01:13:29,160 --> 01:13:31,920 Speaker 2: They're getting new planes too, by the way, So the 1637 01:13:31,960 --> 01:13:34,479 Speaker 2: plane that's a bit sketchy at the moment in terms 1638 01:13:34,560 --> 01:13:37,120 Speaker 2: of distance, the new planes. 1639 01:13:36,800 --> 01:13:37,679 Speaker 3: Will do it easily. 1640 01:13:37,760 --> 01:13:39,840 Speaker 2: So that may well be a in part anyway, a 1641 01:13:39,920 --> 01:13:42,840 Speaker 2: game changer. So much going on in Australia at the moment. 1642 01:13:42,880 --> 01:13:44,920 Speaker 2: I literally don't even know where to start. But that's 1643 01:13:44,920 --> 01:13:46,880 Speaker 2: why Murray Eld's is going to help us out. Shortly 1644 01:13:47,200 --> 01:13:49,160 Speaker 2: after the news, which is next here with news. 1645 01:13:49,040 --> 01:13:49,679 Speaker 3: Talk see. 1646 01:13:51,280 --> 01:13:56,800 Speaker 1: Opinionated, Informed, Unapologetic, the Mike Hosking Breakfast with Bailey's real 1647 01:13:56,920 --> 01:14:01,080 Speaker 1: Estate altogether better across residential, commercial and rural news. 1648 01:14:01,160 --> 01:14:04,200 Speaker 2: Togs Head be called liquid lightning. We found out our 1649 01:14:04,200 --> 01:14:06,599 Speaker 2: little coffee cart to our left is called liquid lightning, 1650 01:14:06,920 --> 01:14:08,679 Speaker 2: and they're going to do juices, so it's no longer 1651 01:14:08,720 --> 01:14:11,160 Speaker 2: a coffee cart, it's a juice cart, and so they're 1652 01:14:11,160 --> 01:14:13,720 Speaker 2: going to do juices. Are there other people doing juices, Yes, 1653 01:14:14,400 --> 01:14:16,519 Speaker 2: but depending on how you do your juices, you could 1654 01:14:16,520 --> 01:14:19,280 Speaker 2: be successful. And they're doing bone broth and there's nothing. 1655 01:14:19,479 --> 01:14:23,439 Speaker 2: Bone broth is fantastically good for you. And I don't 1656 01:14:23,479 --> 01:14:25,240 Speaker 2: know a lot of other people who are doing bone broth, 1657 01:14:25,320 --> 01:14:27,080 Speaker 2: so they might have a little niche in the market. 1658 01:14:27,160 --> 01:14:29,880 Speaker 2: But all I can say is I'm super excited for 1659 01:14:29,960 --> 01:14:31,960 Speaker 2: people who still want to take a punt. 1660 01:14:32,560 --> 01:14:33,679 Speaker 3: And it was just begging. 1661 01:14:33,920 --> 01:14:36,320 Speaker 2: It was one of those little structures, those glass structures 1662 01:14:36,360 --> 01:14:38,519 Speaker 2: on a courtyard that you look at it and you go, 1663 01:14:38,720 --> 01:14:40,280 Speaker 2: it looks good, it looks cute. 1664 01:14:40,680 --> 01:14:41,800 Speaker 3: What can we do with it? 1665 01:14:41,920 --> 01:14:43,840 Speaker 2: And it's been sitting empty for months and suddenly it's 1666 01:14:43,840 --> 01:14:45,479 Speaker 2: come back to life. And I couldn't be more excited. 1667 01:14:45,560 --> 01:14:46,960 Speaker 2: Twenty three minutes away from. 1668 01:14:46,880 --> 01:14:51,160 Speaker 15: Nine International Correspondence with Ends and Eye Insurance Peace of 1669 01:14:51,240 --> 01:14:53,400 Speaker 15: Mind for New Zealand Business Murray Old. 1670 01:14:53,280 --> 01:14:56,840 Speaker 5: How are you good morning, Michael? Yes, it's Batten down 1671 01:14:56,880 --> 01:14:58,599 Speaker 5: the Head. I feel like I'm in Dad's army. An 1672 01:14:58,640 --> 01:15:02,280 Speaker 5: episode of Dad Tali because there's all the sort of 1673 01:15:02,360 --> 01:15:06,920 Speaker 5: wartime talk with budgets being drawn up and the Deputy 1674 01:15:07,000 --> 01:15:10,960 Speaker 5: Prime Minister refusing to rule out fuel rationing. It really is. 1675 01:15:11,400 --> 01:15:13,680 Speaker 5: You know that they don't like the cole steel up them. 1676 01:15:13,840 --> 01:15:16,439 Speaker 5: You remember that famous phrase and years ago. 1677 01:15:16,400 --> 01:15:18,280 Speaker 2: That's exactly right. I've been watching Jim Chalmers. I was 1678 01:15:18,400 --> 01:15:20,560 Speaker 2: we're watching elbow do with press conference yesterday, but I 1679 01:15:20,600 --> 01:15:23,320 Speaker 2: was watching Jim Chalmers. We I've got to say, in 1680 01:15:23,520 --> 01:15:27,600 Speaker 2: terms of if I was running a scorecard between government reactions, 1681 01:15:27,920 --> 01:15:31,000 Speaker 2: our government is doing vastly better than yours. They are 1682 01:15:31,080 --> 01:15:32,880 Speaker 2: and too they perhaps set up the committees and they 1683 01:15:32,920 --> 01:15:35,000 Speaker 2: had gone down the worst case scenario and they are 1684 01:15:35,080 --> 01:15:35,599 Speaker 2: looking at. 1685 01:15:35,479 --> 01:15:37,519 Speaker 3: Some financial support blah blah blah. 1686 01:15:37,840 --> 01:15:40,760 Speaker 2: But to listen to charmers and inflation could be above 1687 01:15:40,840 --> 01:15:43,679 Speaker 2: five percent and Bollock says it's going to be a recession. 1688 01:15:43,720 --> 01:15:47,439 Speaker 2: I'm thinking, mate, you know it hasn't happened yet. Look, 1689 01:15:47,600 --> 01:15:50,360 Speaker 2: don't lead us down to a big fat ditch before. 1690 01:15:50,120 --> 01:15:50,519 Speaker 6: You have to. 1691 01:15:51,560 --> 01:15:54,120 Speaker 5: Well, yeah, good point, and I think that's what the 1692 01:15:54,160 --> 01:15:57,400 Speaker 5: opposition's saying. Stopped talking it down. The government, on the 1693 01:15:57,439 --> 01:15:59,320 Speaker 5: other hand, as you say, you're saying, well, all we're 1694 01:15:59,400 --> 01:16:03,080 Speaker 5: doing is pre pairing for worst case scenario. And the 1695 01:16:03,200 --> 01:16:07,160 Speaker 5: other thing that I'm getting from reading and listening to 1696 01:16:07,240 --> 01:16:10,320 Speaker 5: all of this Jim Charmers, the federal treasurer. He has 1697 01:16:10,400 --> 01:16:12,880 Speaker 5: to have a budget in place by May. And I'll 1698 01:16:12,880 --> 01:16:15,360 Speaker 5: tell you what I've London to a breck. He's using 1699 01:16:15,479 --> 01:16:18,160 Speaker 5: this now to look at all sorts of things that 1700 01:16:18,240 --> 01:16:20,599 Speaker 5: he wouldn't have the ticket to look at otherwise. I mean, 1701 01:16:20,920 --> 01:16:23,360 Speaker 5: you and I have discussed before. Anthony ELBERONIZI is a 1702 01:16:23,520 --> 01:16:26,760 Speaker 5: very incremental prime minister. He doesn't like big changes, he 1703 01:16:26,800 --> 01:16:29,840 Speaker 5: doesn't want to scare the horses. Charmers, on the other hand, 1704 01:16:29,960 --> 01:16:33,840 Speaker 5: wants decent reform. He wants how decent I'm not sure, 1705 01:16:33,920 --> 01:16:36,439 Speaker 5: but he's going to use this this crisis in the 1706 01:16:36,479 --> 01:16:39,240 Speaker 5: Middle East now with field prices going up. We had, 1707 01:16:39,360 --> 01:16:41,719 Speaker 5: of course the second interest rate rise this week. Another 1708 01:16:41,760 --> 01:16:45,000 Speaker 5: one in May is almost certain. And what Charmers is doing, 1709 01:16:45,040 --> 01:16:47,640 Speaker 5: he's looking at things like a brand new tax on 1710 01:16:48,000 --> 01:16:52,160 Speaker 5: gas and oil investment. Over here in Australia, he's looking 1711 01:16:52,240 --> 01:16:56,960 Speaker 5: at changing capital gains, tax discounts and the rules around 1712 01:16:57,040 --> 01:17:01,080 Speaker 5: investment properties. And he's got renewed bigger in this because 1713 01:17:01,240 --> 01:17:04,720 Speaker 5: of what's happening. Inflation by unemployments ticked up as well, 1714 01:17:04,760 --> 01:17:06,679 Speaker 5: as you know this week to four point three percent. 1715 01:17:07,200 --> 01:17:10,599 Speaker 5: Interesting stout out of South Australia. Drive offs from petrol 1716 01:17:10,640 --> 01:17:13,840 Speaker 5: station four courts doubled in a week, so you know 1717 01:17:14,320 --> 01:17:16,680 Speaker 5: it is it is a kind of a it's a 1718 01:17:16,760 --> 01:17:18,759 Speaker 5: febrile atmosphere over here, Mike, Yeah. 1719 01:17:18,600 --> 01:17:21,680 Speaker 2: It's really I've been really interested to watch because I've 1720 01:17:21,720 --> 01:17:24,560 Speaker 2: always seen Australia, to be honest, is I know, the 1721 01:17:24,680 --> 01:17:27,080 Speaker 2: sort of colloquial thing as you're all a bunch of 1722 01:17:27,200 --> 01:17:29,320 Speaker 2: bogans and all that, But I've always seen Australia's a 1723 01:17:29,360 --> 01:17:33,560 Speaker 2: slightly more sophisticated operation, a true international player on the 1724 01:17:33,640 --> 01:17:36,800 Speaker 2: global stage. And I've just looked at the way they've 1725 01:17:36,840 --> 01:17:39,040 Speaker 2: handled it this week and you look a bit ropey 1726 01:17:39,080 --> 01:17:40,760 Speaker 2: around the edges, to be honest, you look a bit 1727 01:17:40,840 --> 01:17:41,640 Speaker 2: small town to me. 1728 01:17:42,720 --> 01:17:46,559 Speaker 5: Well, that's a legitimate criticism from I'm sure Alban Easy 1729 01:17:46,600 --> 01:17:48,200 Speaker 5: on the other hand, is, well, look what we've done. 1730 01:17:48,280 --> 01:17:51,840 Speaker 5: We've set up a brand new fuel czar is in 1731 01:17:51,960 --> 01:17:54,760 Speaker 5: place now. The cover wealth responsible of course the fuel 1732 01:17:54,840 --> 01:17:57,800 Speaker 5: security and supply. It's the states though and territories that 1733 01:17:57,880 --> 01:18:01,000 Speaker 5: are responsible for distribution. He says, we've done that, We've 1734 01:18:01,040 --> 01:18:03,720 Speaker 5: set that up. Now we've got a month's supply of 1735 01:18:03,880 --> 01:18:06,960 Speaker 5: jet fuel. I mentioned that Richard Marles has refused to 1736 01:18:07,000 --> 01:18:10,759 Speaker 5: rule out rationing. No I remember that from the nineteen seventies. 1737 01:18:11,200 --> 01:18:14,040 Speaker 5: China of course, is the main supplier of aviation fuel, 1738 01:18:14,560 --> 01:18:17,280 Speaker 5: and there's talk in China they're going to have an 1739 01:18:17,280 --> 01:18:19,519 Speaker 5: export band that put on it. We've got the Food 1740 01:18:19,600 --> 01:18:23,639 Speaker 5: Council meeting on Monday next week, because you know, diesel 1741 01:18:23,760 --> 01:18:26,599 Speaker 5: is the lifeblood of Australia. Without diesel you get any 1742 01:18:26,600 --> 01:18:29,679 Speaker 5: food in from the books to the cities. And look, 1743 01:18:29,720 --> 01:18:32,240 Speaker 5: there's just so many balls in the air. Mate, It's extraordinary, 1744 01:18:32,280 --> 01:18:32,519 Speaker 5: isn't it. 1745 01:18:32,760 --> 01:18:36,680 Speaker 2: The South Australian election. Will one nation live up to 1746 01:18:36,800 --> 01:18:40,040 Speaker 2: their polling expectation or on Monday are we going to 1747 01:18:40,120 --> 01:18:41,880 Speaker 2: be going Well, that's all polling noise. 1748 01:18:43,160 --> 01:18:46,760 Speaker 5: Well, very good question and for all the smart money 1749 01:18:46,880 --> 01:18:49,360 Speaker 5: in the second half of this week, who's been South 1750 01:18:49,400 --> 01:18:53,759 Speaker 5: Australia is going to re elect Peter melanauskis Labor premier, 1751 01:18:54,160 --> 01:18:57,240 Speaker 5: massive massive majority and the Liberals are going to get 1752 01:18:57,320 --> 01:19:00,560 Speaker 5: smashed by one nation. The most recent Holling numbers and 1753 01:19:00,640 --> 01:19:02,080 Speaker 5: he had asked me about this, So I looked at 1754 01:19:02,120 --> 01:19:05,040 Speaker 5: that last night. Labour's looking at just under forty percent 1755 01:19:05,120 --> 01:19:07,600 Speaker 5: of the primary vote on Saturday. One Nation is a 1756 01:19:07,720 --> 01:19:11,040 Speaker 5: party on twenty five percent. The Liberals are only nineteen percent, 1757 01:19:11,160 --> 01:19:13,680 Speaker 5: just seven percent above the Greens. It's the same here, 1758 01:19:13,720 --> 01:19:15,439 Speaker 5: by the way, in New South Wales One Nation the 1759 01:19:15,520 --> 01:19:18,080 Speaker 5: primary vote of one and four. A lot of recent 1760 01:19:18,080 --> 01:19:21,320 Speaker 5: supports come from the right wing, the Liberals and the Nationals, 1761 01:19:21,400 --> 01:19:23,200 Speaker 5: but people are just peeling off them and going to 1762 01:19:23,280 --> 01:19:27,639 Speaker 5: Pauline Hanson. But is don't trust, don't like hate Whenever 1763 01:19:27,760 --> 01:19:31,240 Speaker 5: the conservative parties over here, the traditional conservative parties have 1764 01:19:31,360 --> 01:19:33,320 Speaker 5: to offer. So I think Monday morning we're going to 1765 01:19:33,320 --> 01:19:36,560 Speaker 5: see melanowskis re elected, probably with an intreaused majority, and 1766 01:19:36,680 --> 01:19:39,639 Speaker 5: Pauline Hanson's One Nation so she may have a couple 1767 01:19:39,640 --> 01:19:42,479 Speaker 5: of seats in the upper houses of the South Australian Parliament. 1768 01:19:42,840 --> 01:19:46,559 Speaker 2: Ordinary interesting, Hey, we've had no coverage here and I'm 1769 01:19:46,600 --> 01:19:49,840 Speaker 2: interested in whether you've got mass coverage in Australia. So victorious, 1770 01:19:50,280 --> 01:19:54,080 Speaker 2: there was a class section against COVID and the Victorian 1771 01:19:54,120 --> 01:19:56,240 Speaker 2: government has settled it at one hundred and twenty five 1772 01:19:56,320 --> 01:19:59,519 Speaker 2: million dollars. So this is for hotel quarantine failures, businesses 1773 01:19:59,560 --> 01:20:00,960 Speaker 2: who had tri old Supreme. 1774 01:20:00,680 --> 01:20:01,639 Speaker 3: Court blah blah blah. 1775 01:20:02,960 --> 01:20:06,479 Speaker 2: Does is this like, I mean a government basically admitting 1776 01:20:06,600 --> 01:20:08,439 Speaker 2: that they cocked it up and will write a check 1777 01:20:08,479 --> 01:20:10,439 Speaker 2: for one hundred and twenty five million dollars they don't 1778 01:20:10,520 --> 01:20:13,719 Speaker 2: have anyway? Is this Is this a scandal? 1779 01:20:15,160 --> 01:20:21,280 Speaker 5: Well, it's a government trying to get out of jail 1780 01:20:21,479 --> 01:20:23,519 Speaker 5: and like played that get out of jail card with 1781 01:20:23,720 --> 01:20:26,719 Speaker 5: a very very small check. I'd been twenty five million dollars. 1782 01:20:26,720 --> 01:20:30,599 Speaker 5: Wouldn't go close, Mike to the losses and curred by 1783 01:20:30,760 --> 01:20:35,920 Speaker 5: Victorian businesses, the hotel sector, the restaurant sector, tourism, the 1784 01:20:36,040 --> 01:20:38,280 Speaker 5: joint was locked down. You couldn't go out and play golf, 1785 01:20:38,320 --> 01:20:41,200 Speaker 5: for God's say, under Daniel Andrews. Golf courses last time 1786 01:20:41,240 --> 01:20:43,479 Speaker 5: I checked, were out in the open. You weren't confined 1787 01:20:44,280 --> 01:20:46,880 Speaker 5: with masks and so on inside school classrooms and all 1788 01:20:46,920 --> 01:20:49,000 Speaker 5: the rest of it. I hundred and twenty five million 1789 01:20:49,000 --> 01:20:51,160 Speaker 5: dollars will be small change in terms of the losses 1790 01:20:51,200 --> 01:20:53,519 Speaker 5: and cared by those businesses. And if she thinks she 1791 01:20:53,600 --> 01:20:57,000 Speaker 5: can sail away with that with that, I think she's 1792 01:20:57,080 --> 01:20:59,519 Speaker 5: kidding herself there's also going to be a lot of you, 1793 01:21:00,040 --> 01:21:01,880 Speaker 5: as you say, they've got their money down there no 1794 01:21:02,080 --> 01:21:05,640 Speaker 5: faith in her either, zind Allen. For goodness sake, I mean, 1795 01:21:05,720 --> 01:21:07,680 Speaker 5: labor is on its knees. But it's a measure of 1796 01:21:07,720 --> 01:21:09,800 Speaker 5: how poor the Liberal Party is going and that she 1797 01:21:10,040 --> 01:21:12,840 Speaker 5: is still her government that comes is still in front. 1798 01:21:13,000 --> 01:21:13,200 Speaker 6: Yeah. 1799 01:21:13,320 --> 01:21:15,320 Speaker 2: Interesting, all right mate, you go well, have a good weekend. 1800 01:21:15,320 --> 01:21:17,519 Speaker 2: We'll see an next Friday. Murray holds out of Australian Mike. 1801 01:21:17,560 --> 01:21:21,280 Speaker 2: Bluebridge Faerry technical issues on board. We've been told via 1802 01:21:21,360 --> 01:21:23,439 Speaker 2: text meant to have bought it at seven fifteen am. 1803 01:21:23,840 --> 01:21:27,120 Speaker 2: Between blue Bridge and what's left of the Inter Islanders 1804 01:21:27,320 --> 01:21:31,559 Speaker 2: is New Zealand's link between state highways on that bit 1805 01:21:31,640 --> 01:21:33,479 Speaker 2: of water in the middle of the country. The most 1806 01:21:33,640 --> 01:21:37,240 Speaker 2: abject failure of public transport and modern history, or. 1807 01:21:37,240 --> 01:21:38,800 Speaker 19: What at least it's cheap to fly down. 1808 01:21:39,320 --> 01:21:40,840 Speaker 3: Sixteen to two. 1809 01:21:42,280 --> 01:21:46,639 Speaker 1: The High Asking Breakfast Full Show podcast on iHeartRadio powered 1810 01:21:46,720 --> 01:21:47,680 Speaker 1: by News Talks at b. 1811 01:21:48,880 --> 01:21:51,000 Speaker 2: Tell you what Kura wrote to me this morning in 1812 01:21:51,040 --> 01:21:54,200 Speaker 2: the old mail bag. And Kurra won the prize we 1813 01:21:54,280 --> 01:21:56,280 Speaker 2: gave away last year September. I think it was with 1814 01:21:56,479 --> 01:21:59,960 Speaker 2: visa a trip to Melbourne in the F one, which 1815 01:22:00,160 --> 01:22:02,080 Speaker 2: of course was a couple of weekends ago, and so 1816 01:22:02,320 --> 01:22:02,680 Speaker 2: she went. 1817 01:22:02,800 --> 01:22:03,439 Speaker 3: She was the winner. 1818 01:22:03,560 --> 01:22:07,800 Speaker 2: As she writes, it goes, it was so one, two, three, four, 1819 01:22:08,360 --> 01:22:12,439 Speaker 2: four ohs, so amazing great from the time we got 1820 01:22:12,520 --> 01:22:14,320 Speaker 2: on the plane to Melbourne to the time we arrived home. 1821 01:22:14,400 --> 01:22:17,760 Speaker 2: Exceptional hosting from Visa access we got throughout the event 1822 01:22:17,840 --> 01:22:20,200 Speaker 2: was simply out of this world. We loved every minute 1823 01:22:20,240 --> 01:22:22,160 Speaker 2: of it. Thanks again for the great prize. It was 1824 01:22:22,200 --> 01:22:25,759 Speaker 2: a once in a lifetime experience. We loved every minute. 1825 01:22:26,400 --> 01:22:28,400 Speaker 2: She sent me photos, she got a lot of merch. 1826 01:22:28,520 --> 01:22:30,599 Speaker 2: Visa gave her a lot of merch, she got pit 1827 01:22:30,760 --> 01:22:32,799 Speaker 2: lane access, she got a photo with Brock Feeny. 1828 01:22:33,160 --> 01:22:34,519 Speaker 3: So she had the time of her life. 1829 01:22:34,600 --> 01:22:36,920 Speaker 2: So I'm so stoked for you and well done. I'm 1830 01:22:36,920 --> 01:22:38,880 Speaker 2: glad you had a good time. World's Best Economy Class 1831 01:22:38,960 --> 01:22:41,240 Speaker 2: in New Zealand talking about any New Zealand New York 1832 01:22:41,240 --> 01:22:43,519 Speaker 2: earlier on. But the awards were held I think last 1833 01:22:43,600 --> 01:22:47,160 Speaker 2: night Airline Ratings dot Com. There there's a number of awards, 1834 01:22:47,240 --> 01:22:48,519 Speaker 2: but these are pretty serious ones. 1835 01:22:48,840 --> 01:22:49,200 Speaker 3: Anyway. 1836 01:22:49,240 --> 01:22:51,600 Speaker 2: World's Best Economy Class Airlines were in New Zealand. On 1837 01:22:51,680 --> 01:22:54,800 Speaker 2: Board Experience Comfort Service in flight entertainment overall value, so 1838 01:22:55,120 --> 01:22:58,599 Speaker 2: in New Zealand wins, well done, Singapore second, Korean third. 1839 01:22:59,479 --> 01:23:01,680 Speaker 2: As far as over all airlines are concerned, in New 1840 01:23:01,760 --> 01:23:04,439 Speaker 2: Zealand came ninth, which is pretty damn good actually, because 1841 01:23:04,439 --> 01:23:09,760 Speaker 2: they beat Ittiat, they beat Quantus, they beat A and A, 1842 01:23:14,520 --> 01:23:18,479 Speaker 2: they beat here France, they beat Thai, they beat Sadia, Garuda, 1843 01:23:18,680 --> 01:23:21,679 Speaker 2: everyone beats Garuda. They say Garuda has been turned around. 1844 01:23:21,720 --> 01:23:24,320 Speaker 2: But I don't know our world's best economy classes, I say, 1845 01:23:24,360 --> 01:23:27,559 Speaker 2: in New Zealand, followed by Singapore, followed by Korean, Best 1846 01:23:27,720 --> 01:23:31,960 Speaker 2: Premium Economy, Quantus, Emirates in Japan, and best Business class Cathay. 1847 01:23:32,040 --> 01:23:34,800 Speaker 2: That Aria Sweet they say is beautiful. The q swite 1848 01:23:34,920 --> 01:23:37,040 Speaker 2: beat the Q Sweet, Aria beat the Q Sweet. Nothing 1849 01:23:37,080 --> 01:23:41,000 Speaker 2: beats the q swee apparently, and alligres that's Leftance's new product. 1850 01:23:41,560 --> 01:23:44,200 Speaker 2: Airports they also handed out. This was a separate award. 1851 01:23:44,880 --> 01:23:47,519 Speaker 2: The World's Best Airline. Change's back at number one, which 1852 01:23:47,600 --> 01:23:55,120 Speaker 2: is good. So Changy Soul, Tokyo Honkers, Narita Paris, Fumachino 1853 01:23:55,320 --> 01:23:57,160 Speaker 2: in Rome the seventh best airport in the world. They've 1854 01:23:57,160 --> 01:23:59,320 Speaker 2: obviously renovated that since I was last year because when 1855 01:23:59,320 --> 01:24:02,639 Speaker 2: I was last year. Certainly wasn't seventh seventy seventh? Maybe 1856 01:24:03,960 --> 01:24:07,240 Speaker 2: do by thirteenth, So that's interesting. Nothing nothing for Auckland. 1857 01:24:08,800 --> 01:24:10,680 Speaker 2: I've got it down to fifth. Nothing for Auckland isn't me. 1858 01:24:11,680 --> 01:24:12,000 Speaker 3: I don't know. 1859 01:24:12,920 --> 01:24:15,280 Speaker 2: I don't know what happened there. Maybe it's the parking 1860 01:24:15,520 --> 01:24:17,840 Speaker 2: ten minutes away from nine the. 1861 01:24:18,040 --> 01:24:21,479 Speaker 1: Make Hosking breakfast with Bailey's real estate news talks. 1862 01:24:21,479 --> 01:24:24,120 Speaker 2: There'd be over twenty six thousand kiwis have discovered the 1863 01:24:24,200 --> 01:24:25,880 Speaker 2: key to the old retirement is right in the walls. 1864 01:24:25,920 --> 01:24:26,519 Speaker 5: You know what that is? 1865 01:24:26,560 --> 01:24:29,840 Speaker 2: Of course, reverse mortgage with Heartland banks, so approaching a 1866 01:24:29,920 --> 01:24:33,160 Speaker 2: reserve mortgage worth questions and concerns. That is a good thing. 1867 01:24:33,760 --> 01:24:35,600 Speaker 2: So here are some common questions that were raised by 1868 01:24:35,760 --> 01:24:38,760 Speaker 2: existing Heartland Bank customers. Will you still own your home? 1869 01:24:39,080 --> 01:24:39,280 Speaker 6: Yes? 1870 01:24:39,800 --> 01:24:41,920 Speaker 2: With a reverse mortgage, you continue to own one hundred 1871 01:24:41,960 --> 01:24:43,479 Speaker 2: percent of your home for as long as you live 1872 01:24:43,520 --> 01:24:46,280 Speaker 2: in it. Will your debt be passed on to your children? No, 1873 01:24:47,120 --> 01:24:50,280 Speaker 2: Heartland banks are no negative equity guarantee. You will not 1874 01:24:50,439 --> 01:24:52,560 Speaker 2: own more than what the home sells for. Will you 1875 01:24:52,680 --> 01:24:55,960 Speaker 2: be locked into regular loan repayments? No, you don't need 1876 01:24:56,000 --> 01:24:57,640 Speaker 2: to make repayments while you live in your home, but 1877 01:24:57,720 --> 01:24:59,920 Speaker 2: we welcome repayments at any time, and that reduces the. 1878 01:25:00,000 --> 01:25:00,599 Speaker 3: Interest you pay. 1879 01:25:00,640 --> 01:25:03,440 Speaker 2: Of course, So if you're over sixty unlocked the possibilities 1880 01:25:03,479 --> 01:25:05,360 Speaker 2: of that retirement of yours with a Heartland Bank reverse 1881 01:25:05,400 --> 01:25:08,640 Speaker 2: mortgage oh eight hundred four double eight seven forty eight 1882 01:25:08,760 --> 01:25:11,080 Speaker 2: hundred four eight eight seven four to oh, talk to 1883 01:25:11,120 --> 01:25:15,320 Speaker 2: a specialist. They're online. Are Heartland Bank's responsible lending criteria? 1884 01:25:15,360 --> 01:25:17,280 Speaker 2: Teas and season fees apply, by the way, but online 1885 01:25:17,320 --> 01:25:22,639 Speaker 2: it's Heartland dot co dot in z mosking moa point 1886 01:25:22,760 --> 01:25:23,599 Speaker 2: reports out today. 1887 01:25:23,640 --> 01:25:24,639 Speaker 3: What do you reckon? That'll say? 1888 01:25:25,600 --> 01:25:29,519 Speaker 2: They were efficient? Beyond words, we couldn't fault them and 1889 01:25:29,720 --> 01:25:31,320 Speaker 2: we have no idea how that happened. 1890 01:25:33,000 --> 01:25:33,680 Speaker 3: I'm thinking not. 1891 01:25:34,479 --> 01:25:36,800 Speaker 2: And you notice it's coming out on a Friday. By 1892 01:25:36,920 --> 01:25:39,919 Speaker 2: the way, rents, what can I tell you? For February? 1893 01:25:40,000 --> 01:25:42,640 Speaker 2: Nothing's moved. So that's good because it's pretty So, I mean, 1894 01:25:42,680 --> 01:25:46,120 Speaker 2: six twenty is not bad. This national average so stable 1895 01:25:46,160 --> 01:25:50,439 Speaker 2: from jan to feb annualized down three point one percent. 1896 01:25:50,520 --> 01:25:52,120 Speaker 2: So every time I see Hipkins and Co. In the 1897 01:25:52,160 --> 01:25:54,559 Speaker 2: house asking you about increased rents, they're not up, they're down. 1898 01:25:54,960 --> 01:25:56,960 Speaker 2: I don't know why Luckxon doesn't correct them. Did I 1899 01:25:57,000 --> 01:25:58,840 Speaker 2: say that the other day? If I was Luxon, I'd 1900 01:25:58,840 --> 01:26:01,680 Speaker 2: stand up and go, dickhead, they've gone down, not up. 1901 01:26:01,880 --> 01:26:05,000 Speaker 2: Stop asking his stupid questions, wasting my time. Brownly would go, 1902 01:26:05,160 --> 01:26:07,160 Speaker 2: you can't call him the dick head. Withdraw and apologize, 1903 01:26:07,160 --> 01:26:09,200 Speaker 2: and I go, I withdraw an apologized dickhead. 1904 01:26:09,320 --> 01:26:09,479 Speaker 1: Ah. 1905 01:26:09,880 --> 01:26:11,280 Speaker 2: Then he'd asked me and then he boot me out 1906 01:26:11,280 --> 01:26:12,839 Speaker 2: of the house. And that's why I'm not in politics 1907 01:26:13,840 --> 01:26:17,360 Speaker 2: minus four point four in Gisbon minus three and Wellington 1908 01:26:17,400 --> 01:26:20,679 Speaker 2: minus fire point eight, Marlborough minus three point three in Otiga. 1909 01:26:20,760 --> 01:26:22,920 Speaker 2: The only region to go up and rent in the 1910 01:26:23,000 --> 01:26:26,719 Speaker 2: last month was Northland at one point seven percent. Seems 1911 01:26:26,760 --> 01:26:30,120 Speaker 2: stable to me, which is good stability in an uncertain world. 1912 01:26:30,200 --> 01:26:32,200 Speaker 2: Seems okay five minutes away from nine. 1913 01:26:32,439 --> 01:26:35,760 Speaker 1: Trending now with them as well, and you're home of 1914 01:26:35,840 --> 01:26:37,000 Speaker 1: sports and nutrition. 1915 01:26:37,400 --> 01:26:40,160 Speaker 2: Most people miss this. Joe Kent quit. He's the counter 1916 01:26:40,280 --> 01:26:43,400 Speaker 2: terrorism guy. He's an old maga guy. He's leaking left. 1917 01:26:43,520 --> 01:26:45,680 Speaker 2: This is not to say he's not right. So this 1918 01:26:45,720 --> 01:26:48,360 Speaker 2: is why his stories are complex. Joe Kent quit because 1919 01:26:48,400 --> 01:26:51,720 Speaker 2: he said RAN's not a threat. He's correct in that assessment, 1920 01:26:52,400 --> 01:26:56,040 Speaker 2: but Joe Kent's problem was he's Marjorie Taylor Green, He's 1921 01:26:56,120 --> 01:27:00,360 Speaker 2: Tucker Carlson. He can't believe he's not for foreign wolves. 1922 01:27:00,400 --> 01:27:03,400 Speaker 2: He's one of those guys. So yes, he's correct, but 1923 01:27:03,520 --> 01:27:05,880 Speaker 2: yes he's a Stua. So then he tuns up on 1924 01:27:05,960 --> 01:27:07,000 Speaker 2: taking Calson sees this. 1925 01:27:07,200 --> 01:27:08,960 Speaker 18: And the last time I saw Charlie Kirk on this 1926 01:27:09,080 --> 01:27:14,240 Speaker 18: earth was in June in the in the West Wing 1927 01:27:14,439 --> 01:27:16,680 Speaker 18: in the stairway, and I said hi to him, and 1928 01:27:16,760 --> 01:27:18,519 Speaker 18: he looked me in the eye and he said, very loudly, 1929 01:27:18,560 --> 01:27:19,800 Speaker 18: and it's a small you've been in the West Wing. 1930 01:27:19,840 --> 01:27:23,439 Speaker 18: It's small, it's a tight space. And he said, Joe, 1931 01:27:23,520 --> 01:27:25,200 Speaker 18: stop us from getting into a war. 1932 01:27:25,080 --> 01:27:27,920 Speaker 3: With Iran, very loudly. He was single minded, and he 1933 01:27:28,000 --> 01:27:28,559 Speaker 3: walked off and. 1934 01:27:28,600 --> 01:27:31,840 Speaker 18: He went, I believe, into the oval. So when one 1935 01:27:31,880 --> 01:27:36,360 Speaker 18: of President Trump's closest advisors, who is vocally advocating for 1936 01:27:36,520 --> 01:27:39,479 Speaker 18: us to not go to war with Iran and for 1937 01:27:39,640 --> 01:27:42,760 Speaker 18: us to rethink at least our relationship with the Israelis 1938 01:27:44,120 --> 01:27:47,920 Speaker 18: and then he suddenly publicly assassinated and we're not allowed 1939 01:27:47,960 --> 01:27:49,560 Speaker 18: to ask any questions about that. 1940 01:27:50,720 --> 01:27:51,439 Speaker 19: It's a data point. 1941 01:27:51,560 --> 01:27:53,040 Speaker 18: It's a data point that we need to look into. 1942 01:27:54,160 --> 01:28:02,360 Speaker 2: It's a data point. Okay, who's more mental. Let's who's 1943 01:28:02,400 --> 01:28:05,680 Speaker 2: more mental? The president? The vice president doesn't look that 1944 01:28:05,720 --> 01:28:12,759 Speaker 2: mental at the moment. The president RFK, Joe Kent, Marjorie 1945 01:28:12,840 --> 01:28:22,599 Speaker 2: Taylor Green, Gabby Tulsid, Christy Nome or Tucker Carlson anyway. Kent, 1946 01:28:22,680 --> 01:28:25,920 Speaker 2: of course, was a massive conspiracy theory theorist nine to 1947 01:28:25,960 --> 01:28:29,320 Speaker 2: eleven was an inside job. Biden's a clone, all that 1948 01:28:29,400 --> 01:28:30,960 Speaker 2: sort of stuff. Yet he still got the job, and 1949 01:28:31,040 --> 01:28:32,960 Speaker 2: he was a cool guy, and Phil he wasn't a 1950 01:28:33,000 --> 01:28:35,840 Speaker 2: cool guy. And then Trump was glad to get rid 1951 01:28:35,880 --> 01:28:41,080 Speaker 2: of them. You're tired, exhausted in one of those weeks, 1952 01:28:41,120 --> 01:28:43,320 Speaker 2: isn't it. I'm going to fill a Jerry Cannon. Have 1953 01:28:43,360 --> 01:28:45,479 Speaker 2: a good weekend, what about you? And We'll be back 1954 01:28:45,520 --> 01:28:47,880 Speaker 2: Monday from six Happy Days. 1955 01:28:57,080 --> 01:29:00,320 Speaker 1: For more from the Mic Asking Breakfast, listen Live News 1956 01:29:00,360 --> 01:29:03,240 Speaker 1: Talk set B from six am weekdays, or follow the 1957 01:29:03,320 --> 01:29:04,720 Speaker 1: podcast on iHeartRadio.