1 00:00:00,360 --> 00:00:05,640 Speaker 1: Opinion edid Informed, Unapologetic, The Mic Hosking Breakfast with Ranger 2 00:00:05,680 --> 00:00:09,840 Speaker 1: of a Sport sv The Ultimate Performance SUV News Togs. 3 00:00:09,720 --> 00:00:12,600 Speaker 2: eDV All, You're welcome to the Ethic Fury. Issues include 4 00:00:12,640 --> 00:00:15,440 Speaker 2: the cancelation of flights, the possibility of more fuel storage, 5 00:00:15,480 --> 00:00:18,079 Speaker 2: and the chances of schooling at home. Also the Fish 6 00:00:18,120 --> 00:00:20,720 Speaker 2: back Down, Jenny Smith will sing us a song. Joe 7 00:00:20,760 --> 00:00:22,800 Speaker 2: mckenn and Rod Liddle open us up to the world 8 00:00:22,800 --> 00:00:26,600 Speaker 2: as well postcarsday morning, here we go six minutes past 9 00:00:26,720 --> 00:00:28,480 Speaker 2: I'm shall we say seven minutes past? Let's say that 10 00:00:28,560 --> 00:00:30,319 Speaker 2: seven minutes past six. Now, the problem with people like 11 00:00:30,360 --> 00:00:32,599 Speaker 2: Paul Conway. You know Paul Conway. He's the chief economist 12 00:00:32,640 --> 00:00:34,879 Speaker 2: at the Reserve Bank. Problem with people like him is 13 00:00:34,920 --> 00:00:37,360 Speaker 2: they know some stuff and they sound good in a speech, 14 00:00:37,400 --> 00:00:39,560 Speaker 2: but their record exposes them badly. So he gives this 15 00:00:39,640 --> 00:00:43,480 Speaker 2: speech yesterday to the National Financial Advisor's Conference. He talks 16 00:00:43,479 --> 00:00:45,600 Speaker 2: about how expensive this country is, and he talked about 17 00:00:45,600 --> 00:00:47,440 Speaker 2: our lack of productivity. Now, if the speech have been 18 00:00:47,479 --> 00:00:49,600 Speaker 2: a school project, he probably would have got a good mark. 19 00:00:49,600 --> 00:00:51,240 Speaker 2: He couldn't argue with a lot of what he said, 20 00:00:51,640 --> 00:00:54,920 Speaker 2: we aren't very efficient, Things like construction cost more here 21 00:00:54,960 --> 00:00:58,400 Speaker 2: than anywhere in the OECD. We were once okay ish 22 00:00:58,520 --> 00:01:00,680 Speaker 2: at productivity, we aren't any more or in our real 23 00:01:00,720 --> 00:01:03,600 Speaker 2: ability to buy stuff. As going backwards, he noted, before 24 00:01:03,640 --> 00:01:06,319 Speaker 2: twenty twenty, our purchasing power was growing faster than the 25 00:01:06,319 --> 00:01:09,160 Speaker 2: OECDS on average. Now ask yourself a question, what happened 26 00:01:09,200 --> 00:01:11,479 Speaker 2: in twenty twenty In post twenty twenty, Well, that's right, 27 00:01:11,560 --> 00:01:15,160 Speaker 2: that's COVID. So COVID was no one's fault, well possibly 28 00:01:15,160 --> 00:01:17,680 Speaker 2: the Chinese. But the response was the key. And in 29 00:01:17,680 --> 00:01:21,039 Speaker 2: that response, as is well documented, we blew it, blew 30 00:01:21,040 --> 00:01:23,399 Speaker 2: at sky high and ended up with inflation north of 31 00:01:23,400 --> 00:01:26,040 Speaker 2: seven percent, some of which was overseen by mister Conway 32 00:01:26,080 --> 00:01:30,200 Speaker 2: and mister raw at the Reserve Bank. Inflation, argues Paul, 33 00:01:30,560 --> 00:01:33,680 Speaker 2: is critical. Given the cash rate helps anchor prices, does it? 34 00:01:34,240 --> 00:01:36,480 Speaker 2: He cites the prices that make us the most expensive 35 00:01:36,480 --> 00:01:39,480 Speaker 2: place in the world, rates, power, insurance. Did the cash 36 00:01:39,560 --> 00:01:40,559 Speaker 2: rate do anything for those? 37 00:01:40,880 --> 00:01:41,000 Speaker 1: No? 38 00:01:41,600 --> 00:01:44,680 Speaker 2: Other prices he cited, like butter and lamb also expensive, 39 00:01:44,800 --> 00:01:48,200 Speaker 2: are expensive for obvious and well documented reasons, and ironically 40 00:01:48,560 --> 00:01:51,600 Speaker 2: expensive for good reasons for New Zealand Inc. Part of 41 00:01:51,640 --> 00:01:54,640 Speaker 2: the issue, of course, is market sizes why Walmart's successful. 42 00:01:54,640 --> 00:01:57,040 Speaker 2: It has a population base of over three hundred million. 43 00:01:57,200 --> 00:02:00,400 Speaker 2: We don't. Supply of goods always cheaper per unit when 44 00:02:00,440 --> 00:02:03,919 Speaker 2: you buy them by the million. We don't. The productivity question, 45 00:02:04,360 --> 00:02:06,840 Speaker 2: of course, has been bounced around for years, never really solved. 46 00:02:06,880 --> 00:02:09,760 Speaker 2: I mean many people don't even agree what productivity is. 47 00:02:09,760 --> 00:02:12,320 Speaker 2: Is it a robot replacing a human? Is it building 48 00:02:12,320 --> 00:02:14,920 Speaker 2: a road faster? Is it inventing a thing that changes 49 00:02:14,960 --> 00:02:17,240 Speaker 2: the world. Part of the reason the Reserve Bank Blue 50 00:02:17,280 --> 00:02:20,320 Speaker 2: COVID so badly is they write speeches like Conways. They 51 00:02:20,320 --> 00:02:23,280 Speaker 2: live in Wellington and small rooms, theorizing the moment you 52 00:02:23,280 --> 00:02:25,200 Speaker 2: give them a bit of real world. Look at what 53 00:02:25,240 --> 00:02:25,840 Speaker 2: they do with it. 54 00:02:27,960 --> 00:02:31,480 Speaker 1: News of the world in ninety seconds, things moving warwise. 55 00:02:31,520 --> 00:02:34,600 Speaker 2: We got to run the fifteen point plan publicly anyway. 56 00:02:34,639 --> 00:02:35,320 Speaker 2: They don't like it. 57 00:02:36,360 --> 00:02:38,240 Speaker 1: Our first and last word has been the same from 58 00:02:38,320 --> 00:02:40,880 Speaker 1: day one, and it will stay that way. Someone like 59 00:02:40,960 --> 00:02:43,040 Speaker 1: us will never come to terms with someone like you, 60 00:02:43,320 --> 00:02:43,800 Speaker 1: not now. 61 00:02:44,040 --> 00:02:44,480 Speaker 3: Not ever. 62 00:02:44,760 --> 00:02:47,079 Speaker 2: That's only half the story, of course, So more shortly meantime, 63 00:02:47,160 --> 00:02:50,800 Speaker 2: Antonio of the United Nations has decided he looks completely pointless, 64 00:02:50,800 --> 00:02:53,000 Speaker 2: of course, so he's appointed an envoy. 65 00:02:53,000 --> 00:02:54,560 Speaker 4: Visit has gone too far. 66 00:02:56,000 --> 00:03:00,360 Speaker 5: It's time to stop climbing the escalation leather and start 67 00:03:00,440 --> 00:03:05,240 Speaker 5: climbing the diplomatic leader and return to full respect of 68 00:03:05,360 --> 00:03:06,280 Speaker 5: international law. 69 00:03:07,000 --> 00:03:09,520 Speaker 2: And also in the states of the whole shutdown, airport, 70 00:03:09,560 --> 00:03:11,760 Speaker 2: missiles going nowhere. The Speaker's got no doubt as to 71 00:03:11,800 --> 00:03:12,680 Speaker 2: who the problem is. 72 00:03:12,720 --> 00:03:14,480 Speaker 6: I don't even think they would agree to vote on 73 00:03:14,560 --> 00:03:18,680 Speaker 6: a bill. They would simply restark our a munitions. We've 74 00:03:19,000 --> 00:03:21,919 Speaker 6: used some of those, as you know, in Operation Epic Fury, 75 00:03:22,520 --> 00:03:23,680 Speaker 6: and we've got to do that. 76 00:03:23,720 --> 00:03:26,960 Speaker 2: It's a necessity. Interesting vote yesterday, I'll give you a 77 00:03:26,960 --> 00:03:29,679 Speaker 2: result on in Flora didn't go well for the Republicans. 78 00:03:29,680 --> 00:03:33,120 Speaker 2: Then in Britain, which is also busy busy bening crypto 79 00:03:33,160 --> 00:03:35,240 Speaker 2: and foreign money for political party donations. 80 00:03:35,360 --> 00:03:40,000 Speaker 7: We already have a strong toolkit to detect, disrupt and. 81 00:03:39,960 --> 00:03:43,960 Speaker 8: Deter interference and we are strengthening this. 82 00:03:44,640 --> 00:03:49,120 Speaker 9: But as threats evolved, so too mass our protections busy. 83 00:03:49,160 --> 00:03:52,320 Speaker 2: Appointing Sarah as the first female Archrebiship. 84 00:03:51,800 --> 00:03:56,160 Speaker 10: Will you affirm your loyalty to this inheritance of faith 85 00:03:57,120 --> 00:04:02,880 Speaker 10: as your inspiration and guidance under God in bringing the 86 00:04:02,920 --> 00:04:06,760 Speaker 10: grace and truth of Christ to this generation. 87 00:04:08,200 --> 00:04:11,640 Speaker 2: She said, yes, I'm assuming did she and busy confirming 88 00:04:11,680 --> 00:04:13,560 Speaker 2: Matt Britain is the new boss of the BBC. 89 00:04:13,720 --> 00:04:16,360 Speaker 3: He's a fan of doctor who. We know that he's 90 00:04:16,360 --> 00:04:19,840 Speaker 3: a former Olympic rower. If any job requires stamina, it 91 00:04:20,000 --> 00:04:21,520 Speaker 3: is certainly this one. 92 00:04:21,880 --> 00:04:24,800 Speaker 10: But most importantly he worked at Google for as a 93 00:04:24,839 --> 00:04:27,679 Speaker 10: senior executive there for over twenty years. 94 00:04:28,320 --> 00:04:30,719 Speaker 2: So finally we've got some tips for your lunch today. 95 00:04:30,760 --> 00:04:34,520 Speaker 2: The twenty twenty six Shopper's Guide to Piste sides in 96 00:04:34,600 --> 00:04:40,840 Speaker 2: produce reporters out what's the worst spinach? Highest levels are 97 00:04:40,839 --> 00:04:43,599 Speaker 2: particularly harmful pisted the sides virtually one hundred percent test 98 00:04:43,600 --> 00:04:47,080 Speaker 2: and positive. The other bad ones strawberries, grapes, they call 99 00:04:47,160 --> 00:04:50,400 Speaker 2: forriv chemicals, some for river chemicals in there, rounding out 100 00:04:50,440 --> 00:04:55,279 Speaker 2: the dirty dozen. Well what they're calling the dirty does nichtarines, peaches, cherries, apples, blackberries, pears, 101 00:04:55,279 --> 00:04:59,640 Speaker 2: potatoes and blueberries, pineapple, sweet corn in abocado. Least contaminating 102 00:05:00,200 --> 00:05:03,040 Speaker 2: news the World of ninety one, the inflation Australia, Andrew 103 00:05:03,080 --> 00:05:05,719 Speaker 2: will do it for a year shortly, but Australia not bad. 104 00:05:05,839 --> 00:05:09,000 Speaker 2: Britain this morning over night three percent, which is flat 105 00:05:09,279 --> 00:05:11,040 Speaker 2: but more in a moment. Twelve past six. 106 00:05:12,800 --> 00:05:17,599 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio called 107 00:05:17,680 --> 00:05:18,720 Speaker 1: by News Talks. 108 00:05:18,480 --> 00:05:21,800 Speaker 2: Evy, you want to start with the good news on 109 00:05:21,880 --> 00:05:24,719 Speaker 2: the war. A bunch of vessels got through the straight overnight. 110 00:05:24,880 --> 00:05:27,600 Speaker 2: Iran's now charging countries a fee, and if you pay 111 00:05:27,680 --> 00:05:30,760 Speaker 2: the fee, you can go through. Iran's rejected, as you know, 112 00:05:30,839 --> 00:05:32,920 Speaker 2: the peace plan. What they're saying publicly, I'll come to 113 00:05:32,960 --> 00:05:34,560 Speaker 2: this later. What they're saying publicly and what they're doing 114 00:05:34,600 --> 00:05:37,760 Speaker 2: privately are two completely different things. Of course, they've got 115 00:05:37,880 --> 00:05:40,080 Speaker 2: five conditions to win the war, conclusion of the water 116 00:05:40,120 --> 00:05:42,280 Speaker 2: across all fronts, and payment of reparations. Of course, as 117 00:05:42,279 --> 00:05:44,360 Speaker 2: part of that plan, we don't know what the Americans want, 118 00:05:44,400 --> 00:05:48,280 Speaker 2: but you can probably guess oil's down, So there's some hope. 119 00:05:48,320 --> 00:05:51,600 Speaker 2: Fifteen past six, by Dollar taking money, Well, I'm sure, 120 00:05:51,640 --> 00:05:54,400 Speaker 2: and partner's Andrew Kella her good morning, Yeah, very good morning. 121 00:05:54,440 --> 00:05:58,240 Speaker 2: Make this employment confidence thing. I mean, it's like all 122 00:05:58,279 --> 00:06:00,320 Speaker 2: these numbers these days, isn't it was good until the 123 00:06:00,360 --> 00:06:00,960 Speaker 2: war started. 124 00:06:01,800 --> 00:06:04,360 Speaker 3: Yeah. The slightly interesting thing about this one is that 125 00:06:04,440 --> 00:06:07,320 Speaker 3: the responses were received. Although it's for the March Core 126 00:06:07,400 --> 00:06:09,920 Speaker 3: a sort of backward looking there are a few questions 127 00:06:09,960 --> 00:06:11,960 Speaker 3: in there that are forward looking, and they got the 128 00:06:12,000 --> 00:06:14,880 Speaker 3: responses after the first day much so there's a hint 129 00:06:15,680 --> 00:06:18,520 Speaker 3: of what of what the conflict might mean. So we're 130 00:06:18,600 --> 00:06:21,839 Speaker 3: talking towards we're talking about the west pacmc vermont Miller 131 00:06:21,920 --> 00:06:25,280 Speaker 3: employment confidence. So we're now sort of I suppose we're 132 00:06:25,279 --> 00:06:27,320 Speaker 3: almost a month into the Middle East conflict. Army this 133 00:06:27,440 --> 00:06:30,360 Speaker 3: was something that was going to go very soon, So 134 00:06:30,480 --> 00:06:32,800 Speaker 3: this is a quarterly read on the employment market. So 135 00:06:34,000 --> 00:06:35,800 Speaker 3: as I say, it does capture some of the sort 136 00:06:35,800 --> 00:06:38,440 Speaker 3: of maybe the feelings and sentiment change that we got 137 00:06:38,480 --> 00:06:40,600 Speaker 3: in response to the conflict. It rose one point eight 138 00:06:40,680 --> 00:06:43,680 Speaker 3: points to ninety five point six. That is the highest 139 00:06:43,720 --> 00:06:46,480 Speaker 3: reading since twenty twenty four. So, look, there was a 140 00:06:46,600 --> 00:06:49,960 Speaker 3: modest lift prior to the Middle East conflict, and for 141 00:06:50,160 --> 00:06:53,600 Speaker 3: understanding in context of reading below one hundred means more 142 00:06:53,640 --> 00:06:56,440 Speaker 3: people are pessimistic about the outlook than optimistic. 143 00:06:56,560 --> 00:06:56,720 Speaker 11: Now. 144 00:06:57,080 --> 00:06:59,320 Speaker 3: The main driver to what was their modest lift and 145 00:06:59,400 --> 00:07:05,000 Speaker 3: improvement and improvement in household's perceptions about current job availability. 146 00:07:05,160 --> 00:07:08,000 Speaker 3: So that's prior to the Middle East conflict. So it's 147 00:07:08,200 --> 00:07:10,720 Speaker 3: the end that's was moving in the right direction, albeit slowly. 148 00:07:10,840 --> 00:07:14,520 Speaker 3: Now we know the jobs markets improving, we know job 149 00:07:14,560 --> 00:07:17,679 Speaker 3: ads are picking up, we know employment intentions are improving. 150 00:07:17,760 --> 00:07:21,520 Speaker 3: There's a little counterbalance in this research and that households 151 00:07:21,600 --> 00:07:25,680 Speaker 3: do remain cautious about their earnings prospects and job security 152 00:07:25,680 --> 00:07:28,600 Speaker 3: because there was only small securities. There are small improvements 153 00:07:28,600 --> 00:07:31,080 Speaker 3: there over the quarter. A bit of a concern though, 154 00:07:31,120 --> 00:07:32,800 Speaker 3: This is what I was talking about. When you consider 155 00:07:32,840 --> 00:07:36,840 Speaker 3: the forward facing questions and responses, they were people were 156 00:07:36,880 --> 00:07:41,400 Speaker 3: a little more circumspect about their expectations of future conditions 157 00:07:41,440 --> 00:07:44,240 Speaker 3: and the available jobs in a year's time. So a 158 00:07:44,320 --> 00:07:46,560 Speaker 3: little bit of a little bit of doubt was creeping in. 159 00:07:47,120 --> 00:07:49,559 Speaker 3: But let's look at the positive stuff and that forty 160 00:07:49,600 --> 00:07:52,800 Speaker 3: six percent of respondents in the March survey felt it's 161 00:07:52,880 --> 00:07:54,960 Speaker 3: hard to find a job at the moment. While that 162 00:07:55,080 --> 00:07:59,600 Speaker 3: appears a lot, that's the least negative reading since December 163 00:07:59,600 --> 00:08:02,480 Speaker 3: tweeny two, twenty four. That is a good leading indicator 164 00:08:02,480 --> 00:08:05,040 Speaker 3: of the unemployment rate. So as the authors to this 165 00:08:05,520 --> 00:08:08,840 Speaker 3: to the survey state, it's consistent with the view that 166 00:08:08,960 --> 00:08:11,440 Speaker 3: that five point four percent unemployment will be the rate, 167 00:08:11,480 --> 00:08:14,000 Speaker 3: will be the peak, and it will get better. We 168 00:08:14,240 --> 00:08:16,280 Speaker 3: know that employment is one of the last dominos to 169 00:08:16,320 --> 00:08:18,680 Speaker 3: fall in an economic recovery. So there's nothing in the 170 00:08:18,760 --> 00:08:22,160 Speaker 3: survey to suggest that going into that when the survey 171 00:08:22,360 --> 00:08:26,320 Speaker 3: was taken, that that recovery is stalling, But that dreaded 172 00:08:26,400 --> 00:08:29,560 Speaker 3: spectrum of uncertainty is definitely sort of sitting in the background, 173 00:08:29,640 --> 00:08:31,720 Speaker 3: and we'll just have to see how this thing pans 174 00:08:31,760 --> 00:08:32,760 Speaker 3: out over the next few weeks. 175 00:08:32,920 --> 00:08:36,240 Speaker 2: Right, inflation better but I mean still high, but better 176 00:08:36,679 --> 00:08:38,880 Speaker 2: in Australia, So this is across the Tasman so good 177 00:08:38,920 --> 00:08:39,679 Speaker 2: news for the Aussies. 178 00:08:40,000 --> 00:08:42,720 Speaker 3: But the thing is might get resonated through our interest 179 00:08:42,800 --> 00:08:45,559 Speaker 3: rate market as well. So headline CPI for February and 180 00:08:45,559 --> 00:08:48,160 Speaker 3: Australia three point seven percent year on year, fell from 181 00:08:48,240 --> 00:08:50,560 Speaker 3: three point eight percent in January. That was a touch 182 00:08:50,640 --> 00:08:55,000 Speaker 3: below expectations a month and month didn't change. January that 183 00:08:55,120 --> 00:08:57,520 Speaker 3: was up zero point four so the market thought there'd 184 00:08:57,520 --> 00:08:59,439 Speaker 3: be a modest increase there, so that was good. What 185 00:08:59,640 --> 00:09:02,400 Speaker 3: is called trimmed me and that's the RBA's preferred measure 186 00:09:02,440 --> 00:09:05,720 Speaker 3: three point three percent stable, but it was below expectations 187 00:09:05,720 --> 00:09:09,000 Speaker 3: of three point four percent when you get Q when 188 00:09:09,040 --> 00:09:11,840 Speaker 3: you get the March number, sort of expectations are now 189 00:09:12,040 --> 00:09:15,160 Speaker 3: over there for the quarter that you'll get inflation maybe 190 00:09:15,240 --> 00:09:18,760 Speaker 3: point eight to one percent. Housing market the biggest contributor 191 00:09:18,840 --> 00:09:21,160 Speaker 3: to annual inflation, so the house price is still surging. 192 00:09:21,760 --> 00:09:25,240 Speaker 3: Rents are going up. They had big increases of their 193 00:09:25,360 --> 00:09:28,160 Speaker 3: energy inflation that's now sort of starting to pass through 194 00:09:28,200 --> 00:09:31,760 Speaker 3: a little bit. They had softer outcomes for some discretionary categories. 195 00:09:32,000 --> 00:09:34,280 Speaker 3: What we really care about here, though, Mike, is that 196 00:09:34,600 --> 00:09:39,199 Speaker 3: this prompted a big drop in wholesale interstrates in Australia 197 00:09:39,480 --> 00:09:42,400 Speaker 3: and that dragged our whole sale interistrates down as well, 198 00:09:42,640 --> 00:09:44,679 Speaker 3: which is good to see because our whole soul that's 199 00:09:44,760 --> 00:09:47,040 Speaker 3: really spiked. I've been talking about this, you know. Our 200 00:09:47,080 --> 00:09:48,760 Speaker 3: two year eight at the end of February was two 201 00:09:48,760 --> 00:09:51,240 Speaker 3: point ninety five. Two days ago that was almost at 202 00:09:51,280 --> 00:09:53,720 Speaker 3: three point seven percent, so it had gone an awful 203 00:09:53,720 --> 00:09:55,520 Speaker 3: lot in the last two days. It's come back a bit, 204 00:09:55,840 --> 00:09:57,880 Speaker 3: which is great, but it's still quite volatile. 205 00:09:58,000 --> 00:10:00,600 Speaker 2: I know it's fifty to fifty on cash right move 206 00:10:00,679 --> 00:10:04,040 Speaker 2: real quick KMD. So we talked yesterday about rip curl 207 00:10:04,080 --> 00:10:06,200 Speaker 2: and all that sort of Are they in trouble It. 208 00:10:06,240 --> 00:10:08,840 Speaker 3: Could be not good news. They went into a trading 209 00:10:08,880 --> 00:10:12,440 Speaker 3: halt yesterday delayed the release of the results the day before. 210 00:10:12,480 --> 00:10:14,400 Speaker 3: As you said, they turned down a proposal to demos 211 00:10:14,480 --> 00:10:17,800 Speaker 3: rip CURL. They need to raise capital. It looks like 212 00:10:17,880 --> 00:10:21,240 Speaker 3: an emergency capital raising. This is not good news. Challenging 213 00:10:21,360 --> 00:10:24,000 Speaker 3: times for them. Will keep you posted on what happens 214 00:10:24,000 --> 00:10:25,319 Speaker 3: here that yet could be bad news. 215 00:10:25,559 --> 00:10:27,120 Speaker 2: David Kirk at the Helm with that, of course, what 216 00:10:27,200 --> 00:10:27,720 Speaker 2: are the numbers? 217 00:10:28,440 --> 00:10:30,599 Speaker 3: So the so Mike's are looking quite good. You know, 218 00:10:30,679 --> 00:10:32,600 Speaker 3: there is one thing I'm going to say, mate, Let's 219 00:10:32,720 --> 00:10:35,080 Speaker 3: just look at what's happening. Don't listen to the headlines. 220 00:10:35,400 --> 00:10:37,640 Speaker 3: We are seeing some action in the straits of horms, 221 00:10:37,800 --> 00:10:41,679 Speaker 3: which is good. The Dow jones forty six, four hundred 222 00:10:41,679 --> 00:10:43,920 Speaker 3: and fifty two. That's up three hundred and twenty eight points, 223 00:10:44,320 --> 00:10:46,360 Speaker 3: zero point seventy one percent, the S and P five 224 00:10:46,480 --> 00:10:49,480 Speaker 3: hundred and sixty six oh one that's up point six 225 00:10:49,600 --> 00:10:52,920 Speaker 3: eight percent, and the Nasdaq is up point nine percent 226 00:10:53,240 --> 00:10:55,959 Speaker 3: twenty one nine hundred and fifty five. The foots to 227 00:10:56,040 --> 00:10:59,520 Speaker 3: one hundred overnight rallied one point four percent. That's all good, 228 00:10:59,559 --> 00:11:03,280 Speaker 3: tenenthoud one oh six. The Necker A rallied two point 229 00:11:03,360 --> 00:11:05,719 Speaker 3: eight seven cents. A big left there five three seven 230 00:11:05,840 --> 00:11:08,480 Speaker 3: four nine. The same how Composite was up one point 231 00:11:08,520 --> 00:11:11,200 Speaker 3: three percent three nine three one. The Aussie Sesay had 232 00:11:11,200 --> 00:11:13,240 Speaker 3: a bit of a storming day one point eight five percent. 233 00:11:13,280 --> 00:11:15,560 Speaker 3: Game there one hundred and fifty five points a six 234 00:11:15,640 --> 00:11:18,160 Speaker 3: two hundred and eight five three four. The n Sex 235 00:11:18,240 --> 00:11:21,680 Speaker 3: fifty also had a lovely day yesterday, up two hundred 236 00:11:21,679 --> 00:11:24,679 Speaker 3: and twenty eight points one point seven nine percent twelve 237 00:11:24,760 --> 00:11:27,440 Speaker 3: than nine hundred and twenty nine. Key we dollar point 238 00:11:27,480 --> 00:11:30,280 Speaker 3: five eight one seven against the US point eight three 239 00:11:30,360 --> 00:11:33,120 Speaker 3: five seven, Aussie point five oh two nine, Euro point 240 00:11:33,160 --> 00:11:36,280 Speaker 3: four three four eight against the quid ninety two points 241 00:11:36,320 --> 00:11:39,440 Speaker 3: sixty four. Japanese yen gold is trading up four thousand, 242 00:11:39,640 --> 00:11:42,320 Speaker 3: five hundred and fifty seven US dolls, and Breakbrew still 243 00:11:42,320 --> 00:11:45,560 Speaker 3: over one hundred bucks one hundred and one point seven seven. 244 00:11:45,760 --> 00:11:48,160 Speaker 2: Have a good day. Andrew Kella has sure and partners, 245 00:11:48,480 --> 00:11:50,839 Speaker 2: fast gigs all go in the IPL. A guy called 246 00:11:50,920 --> 00:11:56,520 Speaker 2: Blitzer who owns a whole bunch of teams NFL, NBA, NLB. Anyway, 247 00:11:56,559 --> 00:12:00,080 Speaker 2: he's gone and bought the Royal Challenges for one one 248 00:12:00,080 --> 00:12:04,800 Speaker 2: point seven eight billion in India. Also another guy called Kalsamani. 249 00:12:04,920 --> 00:12:06,400 Speaker 2: This is all good for the New Zealand. You know, 250 00:12:07,000 --> 00:12:09,040 Speaker 2: twenty league as far as I can work out, a 251 00:12:09,080 --> 00:12:12,400 Speaker 2: guy called Kalsimana. Yesterday he bought the Rajasthan Royals four 252 00:12:12,400 --> 00:12:14,839 Speaker 2: one point six three billion. So it's big money in 253 00:12:14,840 --> 00:12:17,160 Speaker 2: sport these days, and whether it's betting or owning team. 254 00:12:17,200 --> 00:12:19,559 Speaker 2: Six twenty one and a half he read news Talk zby. 255 00:12:24,880 --> 00:12:29,360 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered 256 00:12:29,440 --> 00:12:31,640 Speaker 1: by News Talk zb Ston. 257 00:12:31,720 --> 00:12:34,840 Speaker 2: In California, Google as a meta found liable for negligence 258 00:12:34,880 --> 00:12:36,880 Speaker 2: in the social media case and that comes off the 259 00:12:36,920 --> 00:12:39,240 Speaker 2: back of the new Mexico case three hundred and seventy 260 00:12:39,400 --> 00:12:42,079 Speaker 2: five million. By the way, that Mexico case has a 261 00:12:42,200 --> 00:12:45,959 Speaker 2: second part to it, which starts in May judge only, 262 00:12:47,080 --> 00:12:48,760 Speaker 2: and they're going to work out whether they created a 263 00:12:48,800 --> 00:12:51,520 Speaker 2: public nuisance and should find public programs intended or fund 264 00:12:51,559 --> 00:12:54,400 Speaker 2: public programs intended to address alleged harms. Also of a night, 265 00:12:54,480 --> 00:12:57,360 Speaker 2: Zuckerbergs announced he's laying off hundreds of his workers from 266 00:12:57,440 --> 00:13:00,480 Speaker 2: Facebook and recruiting and sales and reality labs. He's having 267 00:13:00,480 --> 00:13:02,439 Speaker 2: a hell of a week. But we'll get you more 268 00:13:02,480 --> 00:13:04,720 Speaker 2: on californiare in the moment. Six twenty five. 269 00:13:04,960 --> 00:13:09,239 Speaker 1: Trending now with chemist Wells keeping Kiwi's healthy. 270 00:13:09,120 --> 00:13:11,560 Speaker 2: All year round, cooling at the big tobacco moment from 271 00:13:11,960 --> 00:13:15,000 Speaker 2: Stephen Colbert. So the Telly one's up in my Warner 272 00:13:15,040 --> 00:13:16,679 Speaker 2: Brothers and Peter Jackson to put this out. 273 00:13:16,760 --> 00:13:19,000 Speaker 10: So I was just explaining to the folks about the 274 00:13:19,160 --> 00:13:22,720 Speaker 10: next Tolkien movie after Hunt for Gollum and the fact 275 00:13:22,720 --> 00:13:25,520 Speaker 10: that we've putted it up with you to develop the script. 276 00:13:25,880 --> 00:13:28,120 Speaker 12: Yeah, I'm pretty happy about it. You know what the 277 00:13:28,160 --> 00:13:30,319 Speaker 12: books mean to me and what your films mean to me. 278 00:13:30,640 --> 00:13:32,760 Speaker 2: Yeah. So he's a big Lord of the Rings van Colba. 279 00:13:32,920 --> 00:13:34,839 Speaker 2: So the film's going to be based on some of 280 00:13:34,840 --> 00:13:36,960 Speaker 2: the characters left out from the original trilogy. 281 00:13:37,160 --> 00:13:39,560 Speaker 12: I started talking over with my son Peter, who's also 282 00:13:39,840 --> 00:13:43,120 Speaker 12: a screenwriter, and it took me a few years to 283 00:13:43,200 --> 00:13:45,000 Speaker 12: scrape my courage into a pile to. 284 00:13:45,160 --> 00:13:45,880 Speaker 2: Give you a call. 285 00:13:46,480 --> 00:13:48,679 Speaker 12: But about two years ago I did you liked it 286 00:13:48,840 --> 00:13:50,920 Speaker 12: enough to talk to me about it, And ever since 287 00:13:50,960 --> 00:13:52,920 Speaker 12: then the two of us have been working with the 288 00:13:53,000 --> 00:13:56,440 Speaker 12: brilliant Philip of Boyans on how to develop the story, 289 00:13:56,640 --> 00:13:59,480 Speaker 12: and we recently took it to Warner Brothers and I 290 00:13:59,559 --> 00:14:01,640 Speaker 12: could not be happier to say. 291 00:14:01,920 --> 00:14:03,280 Speaker 2: That they loved it fantastic. 292 00:14:03,360 --> 00:14:04,720 Speaker 4: Now, are you sure you've got the time? 293 00:14:04,760 --> 00:14:06,960 Speaker 2: Though, because you know that I did not. 294 00:14:07,040 --> 00:14:08,080 Speaker 3: Think I would have the time. 295 00:14:08,120 --> 00:14:10,240 Speaker 12: As much as I love it, I knew I couldn't 296 00:14:10,280 --> 00:14:11,880 Speaker 12: do that and do this show at the same time. 297 00:14:11,920 --> 00:14:13,640 Speaker 12: But it turns out I am going to be free 298 00:14:13,760 --> 00:14:14,640 Speaker 12: starting this summer. 299 00:14:15,000 --> 00:14:15,920 Speaker 4: Is it that fortunate? 300 00:14:16,440 --> 00:14:17,200 Speaker 2: Isn't that fortunate? 301 00:14:17,280 --> 00:14:17,400 Speaker 13: Yes? 302 00:14:17,440 --> 00:14:19,440 Speaker 2: At a shadow of the past is what they think 303 00:14:19,520 --> 00:14:21,440 Speaker 2: they will call it. By the way, in Denmark, we 304 00:14:21,680 --> 00:14:26,880 Speaker 2: meant that they were voting yesterday. The vibe was if Fredrickson, 305 00:14:27,000 --> 00:14:29,680 Speaker 2: having stood up to Trump, would do better than she 306 00:14:29,840 --> 00:14:33,480 Speaker 2: was going to do. Didn't come to pass. She got hits, 307 00:14:33,760 --> 00:14:38,240 Speaker 2: not badly. She's still in contention. She's got a bunch 308 00:14:38,280 --> 00:14:40,880 Speaker 2: of parties on the left, there's a bunch of parties 309 00:14:40,960 --> 00:14:43,400 Speaker 2: on the right. There's a guy called Rasmussen in the 310 00:14:43,480 --> 00:14:47,320 Speaker 2: middle who's got very little support, but nevertheless he's in 311 00:14:47,360 --> 00:14:49,280 Speaker 2: the middle and could go either way. So he's the 312 00:14:49,360 --> 00:14:53,560 Speaker 2: Winston Peters of Denmark. So there's no result at this 313 00:14:53,680 --> 00:14:55,520 Speaker 2: particular point in time in that part of the world. 314 00:14:55,560 --> 00:14:57,760 Speaker 2: But the thinking that she was going to stand up 315 00:14:57,760 --> 00:15:00,400 Speaker 2: to Trump and that would work well for her simply 316 00:15:00,480 --> 00:15:03,480 Speaker 2: didn't happen now, fishing decisions, the end of the fishing decision, 317 00:15:03,560 --> 00:15:05,680 Speaker 2: big backdown from the government yesterday. Have a look at 318 00:15:05,720 --> 00:15:05,960 Speaker 2: that for you. 319 00:15:06,080 --> 00:15:12,400 Speaker 1: Shortly, You're trusted home for news, sport, entertainment, opinion, and 320 00:15:13,400 --> 00:15:17,800 Speaker 1: Mike the Mic asking breakfast with Bailey's real estate altogether 321 00:15:17,920 --> 00:15:20,840 Speaker 1: better across residential, commercial, and rural news. 322 00:15:20,920 --> 00:15:21,640 Speaker 4: Togs had been. 323 00:15:21,800 --> 00:15:24,200 Speaker 2: Shocking down court for Better and Google. They've been found liable. 324 00:15:24,240 --> 00:15:26,960 Speaker 2: This is in California, found libel for negligence. I thought 325 00:15:26,960 --> 00:15:29,200 Speaker 2: the hurdle was high. The argument was that they had 326 00:15:29,480 --> 00:15:34,320 Speaker 2: intentionally designed an algorithm to hook you knowingly directed young 327 00:15:34,480 --> 00:15:37,000 Speaker 2: users towards harmful content. I thought that's a high bar, 328 00:15:37,200 --> 00:15:38,800 Speaker 2: but they got there. It is a jury and it 329 00:15:38,920 --> 00:15:42,120 Speaker 2: is California. But nevertheless it is a court. So three million, 330 00:15:42,200 --> 00:15:44,560 Speaker 2: that's not the point. The point is, as I said 331 00:15:44,600 --> 00:15:46,800 Speaker 2: before the news, there's probably a big tobacco moment when 332 00:15:46,880 --> 00:15:49,760 Speaker 2: you add the New Mexico story from yesterday. There, Snap 333 00:15:49,840 --> 00:15:53,640 Speaker 2: and TikTok were also trapped into this, but they settled. 334 00:15:54,400 --> 00:15:57,120 Speaker 2: So you got fifteen other people looking to launch action. 335 00:15:57,240 --> 00:15:59,400 Speaker 2: So this was the case of KGM. So this has 336 00:15:59,480 --> 00:16:01,840 Speaker 2: just been an out that Meta and Google had been 337 00:16:02,880 --> 00:16:07,440 Speaker 2: found libel for negligence twenty three to seven small only 338 00:16:07,760 --> 00:16:10,360 Speaker 2: Queen Time in Italy is in a world of pain. 339 00:16:10,480 --> 00:16:13,640 Speaker 2: The referendum went badly for this is the judicial referendum 340 00:16:13,680 --> 00:16:15,040 Speaker 2: that we've been talking about for the last couple of 341 00:16:15,080 --> 00:16:18,400 Speaker 2: weeks with Joe. Not only that, she's got ministers resigning 342 00:16:18,480 --> 00:16:21,440 Speaker 2: left right in Centa and she's in Algeria today trying 343 00:16:21,440 --> 00:16:24,000 Speaker 2: to drum up a bit of oils, so she's busy 344 00:16:24,040 --> 00:16:27,680 Speaker 2: as well. Meantime, back here, it was controversial until it wasn't. 345 00:16:27,720 --> 00:16:29,640 Speaker 2: Sort of the government's u turn have they on part 346 00:16:29,680 --> 00:16:31,960 Speaker 2: of its Fisheries Act legislation, So they're looking to remove 347 00:16:32,000 --> 00:16:35,600 Speaker 2: that minimum size limit for commercial fishes. Sam Wilford is 348 00:16:35,720 --> 00:16:37,920 Speaker 2: program lead for Legacy Group, and that is with the 349 00:16:38,000 --> 00:16:38,720 Speaker 2: Sam morning to you. 350 00:16:39,800 --> 00:16:40,400 Speaker 11: Good morning Mike. 351 00:16:40,440 --> 00:16:41,120 Speaker 14: How are you well? 352 00:16:41,160 --> 00:16:42,000 Speaker 2: Thank you? You're happy? 353 00:16:43,360 --> 00:16:44,880 Speaker 11: No, not in the slightest. 354 00:16:45,480 --> 00:16:47,880 Speaker 2: Well, come on, you've got to be a little bit 355 00:16:47,880 --> 00:16:49,000 Speaker 2: happy because it's better than. 356 00:16:48,960 --> 00:16:49,560 Speaker 15: What it was. 357 00:16:51,120 --> 00:16:53,360 Speaker 14: Well, I think we've got to go back about twelve months. First, 358 00:16:53,960 --> 00:16:56,840 Speaker 14: when the legislation was first introduced, twenty five thousand people 359 00:16:56,840 --> 00:16:59,240 Speaker 14: opposed it. Now that was before minimum size on. It 360 00:16:59,360 --> 00:17:02,120 Speaker 14: was even at these things have added at the eleventh 361 00:17:02,200 --> 00:17:07,040 Speaker 14: hour just to have them remove one. It's pretty hollow, so. 362 00:17:07,160 --> 00:17:08,679 Speaker 2: You think they're trying to snooky you. Is this one 363 00:17:08,720 --> 00:17:10,560 Speaker 2: of those plays whereby they say, hey, look we gave 364 00:17:10,640 --> 00:17:12,800 Speaker 2: you this and you go away happy. Is that the 365 00:17:12,840 --> 00:17:13,760 Speaker 2: plan pretty much? 366 00:17:14,160 --> 00:17:14,360 Speaker 16: Yep. 367 00:17:14,440 --> 00:17:16,840 Speaker 14: The opening line of the legislation says that it's to 368 00:17:16,960 --> 00:17:21,240 Speaker 14: increase value for the seafood sector exports. So we're not 369 00:17:21,280 --> 00:17:22,919 Speaker 14: going to speak keywise, We're not actually going to look 370 00:17:22,920 --> 00:17:24,760 Speaker 14: at the domestic value of these fish. We're just going 371 00:17:24,800 --> 00:17:25,520 Speaker 14: to ship it offshore. 372 00:17:25,880 --> 00:17:28,640 Speaker 2: Right, So when you will go to select committees still 373 00:17:28,680 --> 00:17:30,119 Speaker 2: and say what you were going to say, or is 374 00:17:30,160 --> 00:17:30,440 Speaker 2: it over? 375 00:17:31,880 --> 00:17:33,680 Speaker 14: No, it's definitely not over. And I think that's a 376 00:17:33,720 --> 00:17:36,600 Speaker 14: really important thing, is that there's actually some really nefarious 377 00:17:36,680 --> 00:17:39,160 Speaker 14: stuff still in the legislation. They want to remove judicial 378 00:17:39,320 --> 00:17:40,959 Speaker 14: reviews or make it really hard for public to get 379 00:17:41,000 --> 00:17:44,080 Speaker 14: involved in public consultation. They're still going to legalize dumping 380 00:17:44,080 --> 00:17:46,160 Speaker 14: and discarding efish at sea, So even if they catch 381 00:17:46,200 --> 00:17:48,320 Speaker 14: those undersized fish, they're still going to be legally out 382 00:17:48,320 --> 00:17:49,080 Speaker 14: allowed to dump them. 383 00:17:49,520 --> 00:17:52,040 Speaker 2: As passionate as people like you are, and we've had 384 00:17:52,080 --> 00:17:53,960 Speaker 2: other people on the station in the last twenty four 385 00:17:54,000 --> 00:17:56,200 Speaker 2: hours and I get it and I understand it. Do 386 00:17:56,320 --> 00:17:58,080 Speaker 2: you think this is one of those issues that goes 387 00:17:58,160 --> 00:18:00,200 Speaker 2: beyond your sort of groups. 388 00:18:02,480 --> 00:18:05,040 Speaker 14: Well, what I want everybody to start thinking about is 389 00:18:05,080 --> 00:18:08,840 Speaker 14: the economic cost here. So what we're talking about is, 390 00:18:09,000 --> 00:18:10,159 Speaker 14: you know, the essay, and they want to say the 391 00:18:10,200 --> 00:18:12,200 Speaker 14: seafood sector, and what it is is a very short 392 00:18:12,280 --> 00:18:14,880 Speaker 14: term conversation. We need to start looking twenty thirty forty 393 00:18:14,960 --> 00:18:17,320 Speaker 14: years out. And we also need to recognize that the 394 00:18:17,400 --> 00:18:20,760 Speaker 14: recreational fishing sector, tourism is an incredibly valuable assets in 395 00:18:20,760 --> 00:18:23,520 Speaker 14: New Zealand. The recretional fishing sector generate it's one point 396 00:18:23,560 --> 00:18:26,600 Speaker 14: eight billion dollars a year and a plaus eight thousand people. Now, 397 00:18:26,920 --> 00:18:28,879 Speaker 14: you know, if we have more rich Americans coming to 398 00:18:28,920 --> 00:18:31,280 Speaker 14: New Zeland to catch snapper, that's a good thing for 399 00:18:31,400 --> 00:18:31,840 Speaker 14: this country. 400 00:18:31,960 --> 00:18:33,879 Speaker 2: Yeah, but it doesn't offset and I'm not arguing with you, 401 00:18:34,000 --> 00:18:36,720 Speaker 2: but it doesn't offset a rich American staying at Hooker Lodge, 402 00:18:36,800 --> 00:18:39,560 Speaker 2: hiring a helicopter and going fishing doesn't offset a massive 403 00:18:39,640 --> 00:18:41,920 Speaker 2: trawler full of fish that we sell to the Japanese 404 00:18:41,960 --> 00:18:42,520 Speaker 2: for a fortune. 405 00:18:43,760 --> 00:18:45,199 Speaker 14: We don't sell it for a fortune. We sell our 406 00:18:45,240 --> 00:18:48,040 Speaker 14: kaha for about a dollar eighty five a kilo. A 407 00:18:48,119 --> 00:18:50,600 Speaker 14: lot of it goes into Catford and Crabate in Australia. 408 00:18:50,880 --> 00:18:53,200 Speaker 2: Okay, all right, Sam, go well with it. Never the 409 00:18:53,240 --> 00:18:55,240 Speaker 2: Twain shall meet Ah, you got that vibe this morning. 410 00:18:55,320 --> 00:18:57,720 Speaker 2: Never the Twain, she'll meet Sam Wolford, who is with 411 00:18:57,880 --> 00:19:00,679 Speaker 2: the Legacy Troga. Mike, the backdown by the government. Are 412 00:19:00,760 --> 00:19:03,240 Speaker 2: these signs that's too well? Are they two backdowns? There's 413 00:19:03,280 --> 00:19:04,920 Speaker 2: that one we've just talked about. The other one is 414 00:19:04,960 --> 00:19:07,840 Speaker 2: this charge on your card, which may or may not 415 00:19:07,960 --> 00:19:09,680 Speaker 2: be a backdown. We'll talk to Seema about it after 416 00:19:09,720 --> 00:19:11,760 Speaker 2: seven to thirty. But Mike, the backdown by the government. 417 00:19:12,160 --> 00:19:15,760 Speaker 2: Are these signs of a coalition in disintegration? Or are 418 00:19:15,840 --> 00:19:18,960 Speaker 2: they evidence that pragmatism over ideology is trying to in 419 00:19:19,080 --> 00:19:21,879 Speaker 2: trying times, is exactly what this country needs. What an 420 00:19:21,920 --> 00:19:25,680 Speaker 2: excellent question, Graham. And in your question, of course, there 421 00:19:25,760 --> 00:19:27,560 Speaker 2: is no answer. You can make up your own mind. 422 00:19:27,680 --> 00:19:29,840 Speaker 2: Nineteen to two the Mike. 423 00:19:29,800 --> 00:19:33,760 Speaker 1: Asking Breakfast Full Show podcast on I have radio powered 424 00:19:33,880 --> 00:19:34,639 Speaker 1: by news talks. 425 00:19:34,640 --> 00:19:36,159 Speaker 15: It be now. 426 00:19:36,200 --> 00:19:37,920 Speaker 2: When it comes to hearing age, people tend to fall 427 00:19:37,960 --> 00:19:39,919 Speaker 2: into a couple of groups, right, those who know they 428 00:19:40,040 --> 00:19:42,080 Speaker 2: need them. But yeah, they put it off because of 429 00:19:42,119 --> 00:19:43,919 Speaker 2: the cost, and those who already have them but they 430 00:19:43,920 --> 00:19:46,000 Speaker 2: don't want to upgrade because it means paying thousands all 431 00:19:46,080 --> 00:19:48,720 Speaker 2: over again. So you end up with people either delaying 432 00:19:48,840 --> 00:19:51,760 Speaker 2: help or stuck without data technology, which is pointless, which 433 00:19:51,800 --> 00:19:54,200 Speaker 2: is why O resonate Health came along, basically flip the 434 00:19:54,200 --> 00:19:57,080 Speaker 2: whole system and introduce their unlimited subscription. So what you 435 00:19:57,200 --> 00:19:59,800 Speaker 2: get for ninety dollars a month is you get a 436 00:19:59,800 --> 00:20:02,040 Speaker 2: to top of the range hearing AIDS or hearing AIDS, 437 00:20:02,680 --> 00:20:05,879 Speaker 2: ongoing care and upgrades every three years ninety dollars a month, right, 438 00:20:06,000 --> 00:20:08,280 Speaker 2: no large upfront payments, and the ninety dollars a month, 439 00:20:08,320 --> 00:20:11,720 Speaker 2: by the way, fixed for life, so it means you 440 00:20:11,760 --> 00:20:14,200 Speaker 2: don't have to put it off. You're not stuck, So 441 00:20:14,400 --> 00:20:16,760 Speaker 2: don't delay all the details I eight hundred seven three 442 00:20:16,840 --> 00:20:19,240 Speaker 2: seven sixty six two. Right I eight hundred seven three 443 00:20:19,320 --> 00:20:22,440 Speaker 2: seven sixty six two or online at resonatehealth dot co 444 00:20:22,640 --> 00:20:26,280 Speaker 2: dot nzsky. I alluded to a vote yesterday. It was 445 00:20:26,359 --> 00:20:31,040 Speaker 2: in Florida District Seat eighty seven, Palm Beach County. Who 446 00:20:31,080 --> 00:20:33,159 Speaker 2: would one of the residents of that particular part of 447 00:20:33,200 --> 00:20:37,280 Speaker 2: the world be That's right, Donald Anyway, Emily won Emily Gregory. 448 00:20:37,359 --> 00:20:40,159 Speaker 2: Who's she, Well, she's a Democrat, so she's going to 449 00:20:40,200 --> 00:20:43,200 Speaker 2: beat John Maples. Who's John. He's the Republican. Did Trump 450 00:20:43,320 --> 00:20:46,040 Speaker 2: back John? Yes he did. Did they flip the seat, Yes, 451 00:20:46,119 --> 00:20:50,680 Speaker 2: they did so. Since Trump has been president, Republicans have 452 00:20:50,760 --> 00:20:54,280 Speaker 2: lost control of twenty nine seats in state legislatures around 453 00:20:54,320 --> 00:20:58,879 Speaker 2: the country to the Democrats. So they're starting to sweat. 454 00:21:00,040 --> 00:21:03,440 Speaker 2: Trump is an eleven plus district or marril Argo is 455 00:21:03,480 --> 00:21:08,000 Speaker 2: an eleven plus percentage district, and he's lost it. So 456 00:21:08,119 --> 00:21:09,879 Speaker 2: if you don't think he's ending the war on that 457 00:21:10,240 --> 00:21:12,119 Speaker 2: and that alone, you're not awake. 458 00:21:12,359 --> 00:21:16,640 Speaker 9: Six forty five International correspondence with ends in Eye Insurance 459 00:21:16,840 --> 00:21:19,159 Speaker 9: Peace of Mind for New Zealand Business Jo McKenna. 460 00:21:19,200 --> 00:21:19,639 Speaker 2: How are you? 461 00:21:20,520 --> 00:21:21,200 Speaker 17: I'm excited? 462 00:21:21,280 --> 00:21:22,040 Speaker 18: How are you? Well? 463 00:21:22,440 --> 00:21:25,280 Speaker 2: Look, I'm You're watching them drop like flies as we speak. 464 00:21:25,359 --> 00:21:27,560 Speaker 2: Let me get to the resignations this game. Are the 465 00:21:27,680 --> 00:21:30,919 Speaker 2: resignations that quitting the problems the issues? Are they all 466 00:21:31,000 --> 00:21:34,000 Speaker 2: directly tied to the referendum or are they completely separate. 467 00:21:34,440 --> 00:21:37,160 Speaker 17: Absolutely tied to the referendum. We're seeing a blood bath. 468 00:21:37,680 --> 00:21:40,560 Speaker 17: Prime Minister Georgia Maloney is on the war path and 469 00:21:40,720 --> 00:21:44,840 Speaker 17: she wants to clean up any mess that is potentially 470 00:21:45,119 --> 00:21:47,520 Speaker 17: damaging to her future as a prime minister. 471 00:21:47,920 --> 00:21:49,800 Speaker 2: Right, So let's deal with the refereendum. First of all, 472 00:21:49,880 --> 00:21:53,600 Speaker 2: she lost it. I'm the reading I did was and 473 00:21:53,640 --> 00:21:55,360 Speaker 2: we've talked about it, you know, over the last couple 474 00:21:55,359 --> 00:21:57,960 Speaker 2: of it suggested it was a difficult question for people 475 00:21:58,000 --> 00:21:59,560 Speaker 2: to get their head around. Is that fear or not? 476 00:22:00,480 --> 00:22:01,280 Speaker 2: That was partly it. 477 00:22:01,440 --> 00:22:04,119 Speaker 17: I think it's important to remember for many Italians the 478 00:22:04,200 --> 00:22:08,080 Speaker 17: constitution is really sancrosanct and they don't want it to 479 00:22:08,160 --> 00:22:11,680 Speaker 17: be touched in the first place. These reforms were a 480 00:22:11,720 --> 00:22:14,760 Speaker 17: little bit muddy and it looked like a grab for 481 00:22:14,920 --> 00:22:18,639 Speaker 17: power by the Maloney government. But on top of that, 482 00:22:18,760 --> 00:22:21,280 Speaker 17: I think there were other factors, particularly for young people, 483 00:22:21,920 --> 00:22:26,960 Speaker 17: a lot of disillusionment about Maloney's close relationship to the 484 00:22:27,119 --> 00:22:30,760 Speaker 17: US President Donald Trump. They didn't like that, as well 485 00:22:30,840 --> 00:22:34,960 Speaker 17: as the proposed constitutional change. And so the young people 486 00:22:35,040 --> 00:22:38,560 Speaker 17: in particular were the biggest surprise here, Mike. Sixty one 487 00:22:38,680 --> 00:22:42,840 Speaker 17: percent of Generation Z turned out to vote on this reform. 488 00:22:43,000 --> 00:22:45,320 Speaker 2: It was about sixty percent overall. I think is that 489 00:22:45,440 --> 00:22:46,960 Speaker 2: a good number for a referendum. 490 00:22:48,400 --> 00:22:51,200 Speaker 17: That's almost a record in Italy people were turning out 491 00:22:51,280 --> 00:22:53,960 Speaker 17: in huge numbers, both yes and no, so. 492 00:22:54,359 --> 00:22:57,520 Speaker 2: They were exercised right, So the Tourism Minister is just gone. 493 00:22:57,760 --> 00:22:59,080 Speaker 2: Who else is going. 494 00:23:00,560 --> 00:23:00,800 Speaker 10: Well? 495 00:23:01,200 --> 00:23:03,600 Speaker 17: We've also had two other resignations in the last twenty 496 00:23:03,640 --> 00:23:08,200 Speaker 17: four hours. There's the Justice Minister's chief of staff who 497 00:23:08,840 --> 00:23:11,800 Speaker 17: was saying some pretty outrageous things during the campaign, and 498 00:23:12,280 --> 00:23:17,520 Speaker 17: also the Justice Minister's under secretary, Andrea del Mastro. Now 499 00:23:17,640 --> 00:23:20,399 Speaker 17: that is something that George Maloney should have cleaned up 500 00:23:20,480 --> 00:23:23,280 Speaker 17: well before the referendum. He has been linked to a 501 00:23:23,359 --> 00:23:26,760 Speaker 17: scandal business links with a restaurant that's linked to the 502 00:23:26,880 --> 00:23:30,520 Speaker 17: Naples mafia. So that was making headlines. How can you 503 00:23:30,840 --> 00:23:33,920 Speaker 17: run a referendum on justice reform if you've got someone 504 00:23:34,040 --> 00:23:35,280 Speaker 17: like that in the Justice ministry. 505 00:23:35,520 --> 00:23:37,359 Speaker 2: No, it's not a bad sort of question. Is the 506 00:23:37,480 --> 00:23:38,840 Speaker 2: government in trouble. 507 00:23:40,600 --> 00:23:44,160 Speaker 17: It's a little bit early to tell. As we've talked 508 00:23:44,160 --> 00:23:48,000 Speaker 17: about many times, Georgia Maloney had a very strong lead 509 00:23:48,119 --> 00:23:52,399 Speaker 17: over the opposition. The opposition parties are still weak. At 510 00:23:52,440 --> 00:23:53,959 Speaker 17: A sign of that, I think is as soon as 511 00:23:53,960 --> 00:23:56,560 Speaker 17: we've got the referendum results, instead of saying she should go, 512 00:23:56,920 --> 00:23:59,640 Speaker 17: we're demanding her resignation. They were saying, Oh, we better 513 00:23:59,680 --> 00:24:03,159 Speaker 17: get our together and start running some primaries. So I 514 00:24:03,240 --> 00:24:04,840 Speaker 17: think they've got a bit of work to do there too. 515 00:24:05,160 --> 00:24:09,160 Speaker 2: Interesting, She's in Algeria, So what's happening with your petrol 516 00:24:09,200 --> 00:24:11,280 Speaker 2: and your royalty, your heating and stuff like that. Are 517 00:24:11,280 --> 00:24:12,040 Speaker 2: people freaking out? 518 00:24:13,320 --> 00:24:16,000 Speaker 17: Yeah, there's a lot of panic going on, and I 519 00:24:16,160 --> 00:24:19,159 Speaker 17: think she had that on her schedule, but I think 520 00:24:19,240 --> 00:24:22,520 Speaker 17: it was something she seized on as well to resume 521 00:24:22,640 --> 00:24:26,000 Speaker 17: her role as the international statesman. So she was in 522 00:24:26,080 --> 00:24:30,320 Speaker 17: Algeria trying to negotiate a new energy deal. They've had disruption, 523 00:24:30,440 --> 00:24:33,760 Speaker 17: of course, in the supply of gas from Kata, and 524 00:24:34,160 --> 00:24:36,399 Speaker 17: it looks like they've reached a deal on that today, 525 00:24:36,880 --> 00:24:39,600 Speaker 17: but still a lot of panic. I think about where 526 00:24:40,240 --> 00:24:42,320 Speaker 17: Italy is going to get its energy sources. 527 00:24:42,480 --> 00:24:44,720 Speaker 2: What's your big problem? Is it oil or get I mean, 528 00:24:44,760 --> 00:24:47,159 Speaker 2: obviously it's both, but as oil gets the bigger of 529 00:24:47,200 --> 00:24:49,440 Speaker 2: the problems a bit of both. 530 00:24:50,400 --> 00:24:55,400 Speaker 17: Algeria has become one of Italy's top gas suppliers. Before 531 00:24:55,760 --> 00:24:58,679 Speaker 17: Italy was very dependent on Russian gas before the Moscow 532 00:24:58,880 --> 00:25:03,440 Speaker 17: invasion of Ukraine. Algeria now accounts for thirty percent of 533 00:25:03,920 --> 00:25:07,160 Speaker 17: gas consumption in Italy. So it's pretty important. 534 00:25:07,359 --> 00:25:09,760 Speaker 2: Is it springtime? You're feeling warmthed? Is this something to 535 00:25:10,600 --> 00:25:11,520 Speaker 2: talk about, Joe. 536 00:25:12,080 --> 00:25:14,000 Speaker 17: I had a feeling you'd ask me about that. Today 537 00:25:14,160 --> 00:25:16,480 Speaker 17: was beautiful, but I'm seeing that the temperature is going 538 00:25:16,520 --> 00:25:18,640 Speaker 17: to drop about ten degrees in the next couple of days. 539 00:25:18,720 --> 00:25:20,440 Speaker 2: Oh, for goodness sake, I don't know what's going on. 540 00:25:20,520 --> 00:25:22,440 Speaker 2: All right, Nice to see you, Joe McKenna in Italy. 541 00:25:22,800 --> 00:25:25,359 Speaker 2: Springtime in Italy, by the way, So isn't it funny? 542 00:25:25,760 --> 00:25:29,520 Speaker 2: Isn't it funny? When Trump arrived in power the Eastern 543 00:25:29,600 --> 00:25:32,560 Speaker 2: Europe in particularly everyone. You know, if you acted like Trump, 544 00:25:32,680 --> 00:25:35,080 Speaker 2: you did well politically. You know, if you were aligned 545 00:25:35,080 --> 00:25:37,200 Speaker 2: to Trump, you're a hit. If you sort of talk 546 00:25:37,400 --> 00:25:39,399 Speaker 2: like Trump, you were going to win an election. Whereas 547 00:25:39,480 --> 00:25:43,080 Speaker 2: now the guy's poison Australia. By the way, yesterday we 548 00:25:43,119 --> 00:25:45,120 Speaker 2: should be paying attention to this. What I was worried 549 00:25:45,119 --> 00:25:46,840 Speaker 2: about yesterday with lux And I don't know if you 550 00:25:46,920 --> 00:25:48,480 Speaker 2: pick this up, but he gave and they didn't that 551 00:25:48,560 --> 00:25:53,400 Speaker 2: once again, either the clip they ran was truncated foolishly 552 00:25:53,480 --> 00:25:55,680 Speaker 2: or they didn't ask him the appropriate question. So he 553 00:25:55,760 --> 00:25:58,720 Speaker 2: talks with the South Korea, the Malaysians and Wong and Singapore. 554 00:25:59,200 --> 00:26:02,680 Speaker 2: The obvious question is was he reassured by them that 555 00:26:02,840 --> 00:26:05,720 Speaker 2: ships would continue to come? That's the question. All he 556 00:26:05,840 --> 00:26:08,040 Speaker 2: did was, oh, well, we talked about the world and 557 00:26:08,119 --> 00:26:10,000 Speaker 2: how difficult it is at the moment. Now that either 558 00:26:10,040 --> 00:26:13,479 Speaker 2: means he got no reassurances or we didn't ask him. 559 00:26:13,600 --> 00:26:15,400 Speaker 2: But meantime, and this is what you should be paying 560 00:26:15,400 --> 00:26:21,040 Speaker 2: attention to, is Australia dealing with Japan. Japan yesterday seemed 561 00:26:21,200 --> 00:26:24,200 Speaker 2: to indicate that they would be prepared to help out 562 00:26:24,200 --> 00:26:27,480 Speaker 2: Australia in terms of oil supply if things become a 563 00:26:27,520 --> 00:26:30,520 Speaker 2: bit crunchy. Japan keeps at least two hundred and fifty 564 00:26:30,600 --> 00:26:33,479 Speaker 2: days aside, and this is where we might fall by 565 00:26:33,520 --> 00:26:38,960 Speaker 2: the wayside. Unfortunately, Australia has LNG and they say to 566 00:26:39,000 --> 00:26:40,760 Speaker 2: the Japanese, tell you what we can do. We'll give 567 00:26:40,760 --> 00:26:41,920 Speaker 2: you a bit of al and G and you give 568 00:26:41,960 --> 00:26:43,560 Speaker 2: us a bit of oil. And the Japanese seemed to 569 00:26:43,600 --> 00:26:47,320 Speaker 2: think that's a good idea. We of course, I mean, 570 00:26:47,359 --> 00:26:48,840 Speaker 2: we can give them a leg of lamb I guess 571 00:26:48,920 --> 00:26:51,760 Speaker 2: or whatever the going currency out of this country is. 572 00:26:51,840 --> 00:26:55,040 Speaker 2: But new sources is the point of that ten minutes 573 00:26:55,040 --> 00:26:57,320 Speaker 2: away from seven the make. 574 00:26:57,200 --> 00:26:59,440 Speaker 1: Hosking, breakfast with rainthrow a sport. 575 00:26:59,680 --> 00:27:00,840 Speaker 13: SV's to dead. 576 00:27:01,119 --> 00:27:03,120 Speaker 2: Garland's giving you a briefing at the White House. Here's 577 00:27:03,200 --> 00:27:07,080 Speaker 2: the clue. The Trump she meeting is now confirmed for 578 00:27:07,200 --> 00:27:11,080 Speaker 2: fourteen fifteen May, so you can work backwards from there. Obviously, 579 00:27:11,119 --> 00:27:14,200 Speaker 2: they're giving themselves some runway to get the wall sorted out, 580 00:27:14,760 --> 00:27:16,520 Speaker 2: open up the strait of a moose. In fact, in 581 00:27:16,600 --> 00:27:20,119 Speaker 2: many respects, if you think about it, forcing the straight 582 00:27:20,240 --> 00:27:23,800 Speaker 2: open is more problematic than agreeing to open the strait, 583 00:27:24,040 --> 00:27:26,600 Speaker 2: which I'm convinced now is going to happen within the 584 00:27:26,680 --> 00:27:29,600 Speaker 2: next week as the ceasefire. I'll get to the guy. 585 00:27:29,720 --> 00:27:32,520 Speaker 2: They've got the most fascinating thing I've read, probably certainly 586 00:27:32,560 --> 00:27:36,240 Speaker 2: this week from the Telegraph yesterday, the Iranians, the guy 587 00:27:36,320 --> 00:27:38,879 Speaker 2: they put forward, the speaker, the one the Americans are 588 00:27:38,920 --> 00:27:41,560 Speaker 2: talking to. He's got a fascinating background and the rationale 589 00:27:42,240 --> 00:27:44,720 Speaker 2: as to why he's there and not the Foreign Minister. 590 00:27:44,840 --> 00:27:47,639 Speaker 2: Of course, all the rest of dead is interesting in 591 00:27:47,720 --> 00:27:51,560 Speaker 2: and of itself. While I've got you the ev thing's real. 592 00:27:52,160 --> 00:27:57,800 Speaker 2: So yesterday for the new registrations one thousand and thirty 593 00:27:57,840 --> 00:28:00,920 Speaker 2: three EVS and p heabs compair it to two hundred 594 00:28:00,920 --> 00:28:03,080 Speaker 2: and twenty five this time last year, so two twenty 595 00:28:03,160 --> 00:28:05,639 Speaker 2: five up to one thousand and thirty three. It's twenty 596 00:28:05,680 --> 00:28:10,560 Speaker 2: percent of new registrations in cars in this country. Normally 597 00:28:10,560 --> 00:28:13,760 Speaker 2: it's five or six. So a chunk of New Zealanders 598 00:28:14,000 --> 00:28:18,080 Speaker 2: have materially gone out and bought themselves. An ev byd 599 00:28:18,760 --> 00:28:21,760 Speaker 2: are telling us they're completely sold out, five away from seven. 600 00:28:22,800 --> 00:28:26,080 Speaker 1: Well, the ins and the outs, it's the fizz with 601 00:28:26,359 --> 00:28:29,760 Speaker 1: business fiber take your business productivity to the next level. 602 00:28:29,840 --> 00:28:31,639 Speaker 2: Now, the US economy, which is the other reason, as 603 00:28:31,680 --> 00:28:34,000 Speaker 2: I've said all along, this was going to end sooner 604 00:28:34,080 --> 00:28:36,240 Speaker 2: rather than later, is economists this morning have pushed up 605 00:28:36,240 --> 00:28:38,440 Speaker 2: their risk assessments of a recession in the US, which 606 00:28:38,520 --> 00:28:40,760 Speaker 2: is exactly what Trump needs as he's losing all these 607 00:28:40,800 --> 00:28:45,040 Speaker 2: seats to the Democrats and approaching the midterms. So what 608 00:28:45,160 --> 00:28:47,920 Speaker 2: have we got to at any given time. The risk 609 00:28:48,000 --> 00:28:50,120 Speaker 2: of recession in America over a twelve month period is 610 00:28:50,160 --> 00:28:52,880 Speaker 2: about twenty percent, So Moody's this morning they raised that 611 00:28:52,920 --> 00:28:55,360 Speaker 2: recession to forty eight point six over the next twelve months. 612 00:28:55,800 --> 00:28:59,720 Speaker 2: Wilmington Trust have gone to forty five e y Parthman 613 00:28:59,800 --> 00:29:02,960 Speaker 2: at forty caveat being the odds will rise rapidly with 614 00:29:03,040 --> 00:29:06,320 Speaker 2: a prolonged Middle East conflict. Really, what a surprise, hope, 615 00:29:06,360 --> 00:29:09,120 Speaker 2: no one's paying the money for this. Goldman Sachs is 616 00:29:09,200 --> 00:29:11,520 Speaker 2: hit thirty, So there. I don't know where they optimistic. 617 00:29:11,640 --> 00:29:14,040 Speaker 2: I guess all of them say the cutoff where fuel 618 00:29:14,080 --> 00:29:16,440 Speaker 2: and oil needs to come down is Memorial Day, which 619 00:29:16,480 --> 00:29:19,320 Speaker 2: is May twenty five. So if oil stays where it 620 00:29:19,440 --> 00:29:21,640 Speaker 2: is by Memorial Day, the odds of a recession in 621 00:29:21,720 --> 00:29:24,960 Speaker 2: America go to more than eighty percent. So just work 622 00:29:25,080 --> 00:29:27,280 Speaker 2: that through in your mind. From Trump's point of view, right, 623 00:29:28,360 --> 00:29:31,600 Speaker 2: he doesn't want Memorial Day at eighty percent chance of 624 00:29:31,680 --> 00:29:35,040 Speaker 2: recession leading into the midterms. That really is the beginning, 625 00:29:35,360 --> 00:29:38,480 Speaker 2: the middle and the end of the thinking around the walk. 626 00:29:39,320 --> 00:29:40,760 Speaker 2: Has it gone the way he thought it would? 627 00:29:40,960 --> 00:29:41,000 Speaker 7: Know? 628 00:29:42,160 --> 00:29:43,240 Speaker 2: Is the off ramp tricky? 629 00:29:43,560 --> 00:29:43,720 Speaker 11: Yes? 630 00:29:44,720 --> 00:29:45,960 Speaker 2: Will he get there? Yes? 631 00:29:46,440 --> 00:29:46,600 Speaker 9: Why? 632 00:29:47,280 --> 00:29:50,640 Speaker 2: Because he can't afford not to? And that's the real issue. Now, 633 00:29:51,320 --> 00:29:53,920 Speaker 2: planes Jetstar if you were catching one of those, Auckland 634 00:29:53,920 --> 00:29:56,040 Speaker 2: to Wellington, Auckland to christ Due to Aukland to Brisbane, 635 00:29:56,080 --> 00:29:58,600 Speaker 2: Auckland to Sydney, they pulled some of the services back. 636 00:29:58,720 --> 00:30:00,920 Speaker 2: Is this a thing we're all going to have some 637 00:30:01,160 --> 00:30:04,160 Speaker 2: education at home sort of. COVID two point zero cover 638 00:30:04,280 --> 00:30:06,400 Speaker 2: all of the developments out of Epic Fury for you. 639 00:30:06,520 --> 00:30:11,600 Speaker 1: Right after the news, which is next, the newsmakers and 640 00:30:11,760 --> 00:30:15,760 Speaker 1: the personalities, the big names talk to Mike, the mic Hosking, 641 00:30:15,840 --> 00:30:20,160 Speaker 1: Breakfast with A, Veda, Retirement Communities, Life your Way, news 642 00:30:20,240 --> 00:30:20,680 Speaker 1: talk said. 643 00:30:20,720 --> 00:30:22,920 Speaker 2: Be only thing Carolyn said, morning, by the way, seven 644 00:30:22,960 --> 00:30:25,080 Speaker 2: past seven. The only thing Carolyn said, have note so 645 00:30:25,280 --> 00:30:27,320 Speaker 2: far at the White House is the Americans are loosening 646 00:30:27,400 --> 00:30:30,000 Speaker 2: up their standards on oil. In other words, slightly dirty 647 00:30:30,000 --> 00:30:32,880 Speaker 2: your oil is going to be utilized by the American public. 648 00:30:32,960 --> 00:30:36,360 Speaker 2: But the questions on the peace plan, the talks which 649 00:30:36,400 --> 00:30:38,960 Speaker 2: we understand to be set to go in the weekend 650 00:30:39,040 --> 00:30:41,440 Speaker 2: in Pakistan, we're not getting any detail from here on 651 00:30:41,480 --> 00:30:43,360 Speaker 2: that at the moment, but we'll keep you posted obviously. 652 00:30:43,680 --> 00:30:45,960 Speaker 2: Meantime back here, related matters, of course, getting on a 653 00:30:46,000 --> 00:30:48,600 Speaker 2: plane getting a bit harder as Epic Fury bites into 654 00:30:48,640 --> 00:30:51,200 Speaker 2: that jet fuel access. Jet Star's gone and can twelve 655 00:30:51,200 --> 00:30:53,880 Speaker 2: percent of their services in New Zealand's already cut flights. 656 00:30:53,880 --> 00:30:55,880 Speaker 2: Of course. Billy Moore is the chief executive of the 657 00:30:55,920 --> 00:30:59,320 Speaker 2: Airport's Association and is with us, Billy, good morning, good morning? 658 00:30:59,400 --> 00:30:59,720 Speaker 4: Do you reckon? 659 00:30:59,760 --> 00:31:00,120 Speaker 2: There's all? 660 00:31:00,120 --> 00:31:04,760 Speaker 19: Whether this came from well, look, we would expect if 661 00:31:04,840 --> 00:31:06,880 Speaker 19: the challenges go on for a bit longer, there might 662 00:31:06,960 --> 00:31:09,479 Speaker 19: be some rolling cuts like this, but hopefully not at 663 00:31:09,720 --> 00:31:11,240 Speaker 19: more of a scale that we've seen already. 664 00:31:11,480 --> 00:31:14,080 Speaker 2: Does it actually affect me or is it more about 665 00:31:14,120 --> 00:31:16,360 Speaker 2: the airline's bottom line? I mean, if I can still 666 00:31:16,480 --> 00:31:18,880 Speaker 2: get there short of having a choice of three, I 667 00:31:18,960 --> 00:31:20,960 Speaker 2: now have a choice of two that I don't care 668 00:31:21,040 --> 00:31:21,280 Speaker 2: do I? 669 00:31:22,480 --> 00:31:25,880 Speaker 19: Well, it will depend on frequency and schedule. At the moment, 670 00:31:25,960 --> 00:31:28,480 Speaker 19: New Zealand already doesn't have the flight capacity that it 671 00:31:28,600 --> 00:31:31,239 Speaker 19: needs for the economy, so these cuts do have an 672 00:31:31,240 --> 00:31:33,880 Speaker 19: effect across the country in terms of making things a 673 00:31:33,920 --> 00:31:38,480 Speaker 19: bit harder, making business connectivity a bit harder. They're probably 674 00:31:38,600 --> 00:31:41,320 Speaker 19: sensible and pretty reasonable reactions from the airlines at the moment. 675 00:31:41,400 --> 00:31:43,160 Speaker 19: But it is a price issue right now, not a 676 00:31:43,200 --> 00:31:45,640 Speaker 19: supply issue with feel right So. 677 00:31:45,680 --> 00:31:47,800 Speaker 2: When you say this is what I'm trying to work out, 678 00:31:47,880 --> 00:31:50,600 Speaker 2: what could they bump the prices and carry on with 679 00:31:50,640 --> 00:31:52,920 Speaker 2: the flights or are they running to too big a 680 00:31:53,040 --> 00:31:55,840 Speaker 2: risk on demand or is it the access to jet 681 00:31:55,880 --> 00:31:58,040 Speaker 2: fuel they're worried about I. 682 00:31:58,080 --> 00:32:01,680 Speaker 19: Think they'll be thinks strategically about the path a head. 683 00:32:01,760 --> 00:32:03,560 Speaker 19: So yes, they could sump up the price, and that 684 00:32:03,800 --> 00:32:06,600 Speaker 19: is happening. We're seeing some fuel charges from your lines 685 00:32:06,640 --> 00:32:10,200 Speaker 19: as well, which are the reasonable thing to do. But 686 00:32:10,920 --> 00:32:13,600 Speaker 19: I think what they're doing is quite strategically looking at 687 00:32:13,640 --> 00:32:16,160 Speaker 19: where they can consolid flights, where there are flights that 688 00:32:16,240 --> 00:32:19,400 Speaker 19: could be merged into one, things like that. So we 689 00:32:19,520 --> 00:32:20,440 Speaker 19: can't really critcize that. 690 00:32:20,680 --> 00:32:22,440 Speaker 2: Are we seeing this all over the world. I mean, 691 00:32:22,480 --> 00:32:25,120 Speaker 2: are domestic Ish carriers in other parts of the world 692 00:32:25,200 --> 00:32:27,520 Speaker 2: doing the same sort of cutbacks, I know, United for example, 693 00:32:27,520 --> 00:32:29,160 Speaker 2: as cutting back stateside. 694 00:32:29,600 --> 00:32:33,400 Speaker 19: Yeah, not quite as much as we've seen here. I'd 695 00:32:33,440 --> 00:32:36,360 Speaker 19: say it has been a bit of a first mover 696 00:32:37,240 --> 00:32:40,040 Speaker 19: over here, and that might just be because there's a 697 00:32:40,080 --> 00:32:42,200 Speaker 19: bit less competition in New Zealand, so this kind of 698 00:32:42,240 --> 00:32:43,240 Speaker 19: reactions can be a. 699 00:32:43,240 --> 00:32:44,080 Speaker 11: Bit easier to do. 700 00:32:45,280 --> 00:32:47,000 Speaker 19: But look, it will happen. 701 00:32:47,560 --> 00:32:48,320 Speaker 10: There will be this. 702 00:32:48,480 --> 00:32:52,960 Speaker 19: Kind of trend overall. And look, so far it's good 703 00:32:53,000 --> 00:32:54,920 Speaker 19: to see, for instance, in New Zealand protecting some of 704 00:32:55,000 --> 00:32:59,560 Speaker 19: those small reasonal routes. Look, that's the key question is 705 00:32:59,600 --> 00:33:00,720 Speaker 19: how long it's going to last. 706 00:33:01,040 --> 00:33:04,080 Speaker 2: And we've just got to hope nobody knows the first 707 00:33:04,160 --> 00:33:06,120 Speaker 2: move of things? Interesting, Are we panicking a bit? 708 00:33:08,160 --> 00:33:08,360 Speaker 11: Look? 709 00:33:08,800 --> 00:33:11,720 Speaker 19: I don't think so. I mean these are for instance, 710 00:33:11,720 --> 00:33:14,640 Speaker 19: an Zeland cuts about four percent of their domestic network. 711 00:33:14,680 --> 00:33:16,200 Speaker 19: This is jet Star twelve percent. 712 00:33:17,640 --> 00:33:19,440 Speaker 2: And yeah, but they haven't got much of the network. 713 00:33:20,520 --> 00:33:22,800 Speaker 19: That's right, You're exactly right. And they did boost the 714 00:33:22,840 --> 00:33:25,960 Speaker 19: network by twenty percent already in the past twelve months, 715 00:33:26,040 --> 00:33:29,240 Speaker 19: so it is it isn't so bad a story on 716 00:33:29,400 --> 00:33:33,000 Speaker 19: that side. But look, the demand is there. I would 717 00:33:33,000 --> 00:33:35,600 Speaker 19: be very optimistic that the capacity will bounce back. 718 00:33:36,240 --> 00:33:40,160 Speaker 2: Is if jet fuel gets crunchy, what happens on the 719 00:33:40,200 --> 00:33:44,040 Speaker 2: flight that comes from London? Is there an international agreement 720 00:33:44,120 --> 00:33:46,240 Speaker 2: that we've got to refuel them? Or do we tell 721 00:33:46,320 --> 00:33:48,960 Speaker 2: them before they get here that we can't or won't 722 00:33:49,080 --> 00:33:51,520 Speaker 2: or whatever, and therefore they never come in the first place. 723 00:33:52,760 --> 00:33:56,440 Speaker 19: There are some really well worn processes for how aviations 724 00:33:56,480 --> 00:33:59,480 Speaker 19: deals with these kind of issues. There are fuel allocation 725 00:33:59,680 --> 00:34:02,760 Speaker 19: process users that help us look at what a slightly 726 00:34:02,840 --> 00:34:06,520 Speaker 19: smaller shoe door might look like. So people can be 727 00:34:06,680 --> 00:34:08,680 Speaker 19: very confident that if we did get to that stage, 728 00:34:08,719 --> 00:34:10,400 Speaker 19: and we're not there yet, if we did get to 729 00:34:10,480 --> 00:34:13,360 Speaker 19: that stage, it would be an organized and predictable process, 730 00:34:13,360 --> 00:34:15,359 Speaker 19: and that's what we're working with government to plan ahead 731 00:34:15,400 --> 00:34:17,320 Speaker 19: on now, just in case we get to get to 732 00:34:17,400 --> 00:34:17,680 Speaker 19: that point. 733 00:34:17,800 --> 00:34:19,680 Speaker 2: Okay, Billy, appreciate it very much. Billy Moore, who's the 734 00:34:19,719 --> 00:34:22,880 Speaker 2: chief executive of New Zealand Airport's Association. Related matters. Eleven 735 00:34:22,920 --> 00:34:25,920 Speaker 2: minutes past seven as Mardin Point become the star of 736 00:34:25,920 --> 00:34:28,040 Speaker 2: the epic Fury Show A channel infrastructure run it of 737 00:34:28,120 --> 00:34:30,279 Speaker 2: course newest ideas they restore a bunch of tanks for 738 00:34:30,360 --> 00:34:32,920 Speaker 2: fuel storage. They've got around three hundred million leads currently 739 00:34:32,960 --> 00:34:35,719 Speaker 2: in use. There's another three hundred and fifty million leters 740 00:34:35,719 --> 00:34:38,960 Speaker 2: available for conversion. Robie Cannon is the chief executive and 741 00:34:39,120 --> 00:34:42,200 Speaker 2: he's with us. Rob morning, Good morning, Mike. You enjoying 742 00:34:42,239 --> 00:34:43,759 Speaker 2: your time in the Shane Jones Sun. 743 00:34:47,040 --> 00:34:49,440 Speaker 8: Well. Look, I think our role in all of this 744 00:34:49,719 --> 00:34:51,680 Speaker 8: is to keep our heads down as much as we 745 00:34:51,760 --> 00:34:54,200 Speaker 8: can and keep doing the job that we do, which 746 00:34:54,239 --> 00:34:57,600 Speaker 8: is to provide fuel residency for New Zealand through import 747 00:34:57,719 --> 00:35:00,640 Speaker 8: terminal services, storage and distribution down our pipeline. 748 00:35:00,800 --> 00:35:03,080 Speaker 2: As a big picture idea of the three hundred and 749 00:35:03,120 --> 00:35:05,960 Speaker 2: fifty million you got, is it worth converting anyway? 750 00:35:08,160 --> 00:35:08,359 Speaker 3: Yeah? 751 00:35:08,640 --> 00:35:12,399 Speaker 8: So those tanks. To be clear, we're all cleaned out 752 00:35:12,560 --> 00:35:15,800 Speaker 8: post conversion from a refinery to an important terminal, and 753 00:35:16,360 --> 00:35:19,080 Speaker 8: they are all excrude tanks, so they can't you can't 754 00:35:19,080 --> 00:35:22,440 Speaker 8: immediately put petrol or jet fuel in them. There are 755 00:35:22,600 --> 00:35:25,920 Speaker 8: tanks there that you can put diesel into much more quickly, 756 00:35:26,040 --> 00:35:28,160 Speaker 8: which is one of the options that we've been looking at. 757 00:35:28,840 --> 00:35:31,799 Speaker 8: Our perspective is and actually I think the government's own 758 00:35:31,960 --> 00:35:35,200 Speaker 8: fuel security investigation found that the best way to build 759 00:35:35,360 --> 00:35:39,160 Speaker 8: domestic fuel resilience is through increased storage. And obviously we've 760 00:35:39,160 --> 00:35:41,600 Speaker 8: got a lot of capacity there we can convert if needed. 761 00:35:41,920 --> 00:35:44,400 Speaker 2: And when you say you would you do it anyway 762 00:35:44,520 --> 00:35:45,640 Speaker 2: or do you need government help? 763 00:35:47,200 --> 00:35:51,080 Speaker 8: So to be clear, we've already been increasing our storage. 764 00:35:51,160 --> 00:35:54,320 Speaker 8: So since conversion to a terminal, we've added one hundred 765 00:35:54,360 --> 00:35:57,759 Speaker 8: million liters of new fuel storage and we've funded that 766 00:35:57,880 --> 00:36:02,080 Speaker 8: all ourselves. In terms of any further conversions of those tanks, 767 00:36:02,200 --> 00:36:05,080 Speaker 8: we would absolutely fund that ourselves. I think the key 768 00:36:05,160 --> 00:36:07,719 Speaker 8: issue is that we would need a customer for those 769 00:36:07,840 --> 00:36:09,960 Speaker 8: tanks at the end of it. So we're going to 770 00:36:10,000 --> 00:36:11,640 Speaker 8: spend the money and do the works to bring a 771 00:36:11,719 --> 00:36:14,600 Speaker 8: tank into service, we need somebody that wants to put 772 00:36:14,840 --> 00:36:15,360 Speaker 8: fuel in it. 773 00:36:15,719 --> 00:36:18,520 Speaker 2: Is there somebody outside the government. 774 00:36:19,520 --> 00:36:22,239 Speaker 8: Well, I think that that's the discussion that we want 775 00:36:22,320 --> 00:36:26,440 Speaker 8: to have, right and from our perspective, our role in 776 00:36:26,520 --> 00:36:30,080 Speaker 8: the supply chain is to provide the storage and do 777 00:36:30,239 --> 00:36:33,960 Speaker 8: that in a very resilient and safe way. And you know, 778 00:36:34,480 --> 00:36:37,800 Speaker 8: the fuel companies are the ones that own the fuel 779 00:36:37,840 --> 00:36:39,080 Speaker 8: and bring that into New Zealand. 780 00:36:39,239 --> 00:36:42,480 Speaker 2: Well, at timeframe on this, if you've got the go 781 00:36:42,560 --> 00:36:44,000 Speaker 2: ahead right now? Timeframes? 782 00:36:44,040 --> 00:36:48,800 Speaker 8: What we think there's a couple of tanks in particular 783 00:36:48,960 --> 00:36:54,000 Speaker 8: that have current certificates and are in pretty good condition 784 00:36:54,320 --> 00:36:56,880 Speaker 8: that could be brought into service in the next two 785 00:36:56,960 --> 00:36:57,520 Speaker 8: or three months. 786 00:36:57,800 --> 00:36:59,880 Speaker 2: All right, good on, appreciate your time, Rob, you can. 787 00:37:00,080 --> 00:37:02,000 Speaker 2: Who's with cham My big question out of this whole thing, 788 00:37:02,080 --> 00:37:04,640 Speaker 2: We're not there yet, but we'll ask it eventually, is 789 00:37:04,760 --> 00:37:08,440 Speaker 2: do you think this is a tipping point moment in 790 00:37:08,520 --> 00:37:12,120 Speaker 2: which we will make some large, profound decisions, whether personally 791 00:37:12,280 --> 00:37:15,480 Speaker 2: or as a country, to become more self reliant and 792 00:37:15,600 --> 00:37:19,440 Speaker 2: less reliant on one government's and two international shipping channels, 793 00:37:19,760 --> 00:37:22,360 Speaker 2: Or if this thing in shortly, will we simply go 794 00:37:22,480 --> 00:37:25,960 Speaker 2: back to being the way we were previously fourteen past. 795 00:37:27,120 --> 00:37:31,480 Speaker 1: The like asking Breakfast Full Show podcast on iHeartRadio powered 796 00:37:31,560 --> 00:37:32,560 Speaker 1: by News Talks. 797 00:37:32,280 --> 00:37:32,560 Speaker 20: At b. 798 00:37:34,200 --> 00:37:36,160 Speaker 2: Levitz just wrapped up at the White House. She said, 799 00:37:36,239 --> 00:37:40,160 Speaker 2: the four to six week timeline is still their plan 800 00:37:40,760 --> 00:37:43,040 Speaker 2: sixteen past seven. So we've got to report into the 801 00:37:43,080 --> 00:37:45,800 Speaker 2: efficiency of our energy sector. It's called the re Energized 802 00:37:45,800 --> 00:37:48,279 Speaker 2: twenty six Framework. Warms Without the right skills and workers, 803 00:37:48,320 --> 00:37:50,920 Speaker 2: projects could be delayed, growth missed, this lack of coordination 804 00:37:51,000 --> 00:37:52,839 Speaker 2: across the sector. Blah blah blah. I mean they've written 805 00:37:52,880 --> 00:37:55,640 Speaker 2: a million pecket sector, they've written a report about it. 806 00:37:55,880 --> 00:37:58,760 Speaker 2: Louise Upston is the Minister for Social Development and Employment 807 00:37:58,880 --> 00:38:02,320 Speaker 2: and is with us. Louise morning, Good morning mine. Is 808 00:38:02,400 --> 00:38:04,680 Speaker 2: this sector any different from any other sector that doesn't 809 00:38:04,680 --> 00:38:06,719 Speaker 2: have the right skills or the right workers and things 810 00:38:06,760 --> 00:38:08,680 Speaker 2: could get delayed if you write a report and tell 811 00:38:08,680 --> 00:38:09,320 Speaker 2: everyone about it. 812 00:38:10,680 --> 00:38:12,840 Speaker 13: Well, I think one of the important thing is that 813 00:38:12,920 --> 00:38:16,640 Speaker 13: they're actually really recognizing that energy is an enormous growth sector. 814 00:38:16,760 --> 00:38:20,520 Speaker 13: New Zealand needs to ensure that we have electricity and 815 00:38:20,719 --> 00:38:23,960 Speaker 13: energy when we need it, and so they're thinking ahead, 816 00:38:24,040 --> 00:38:28,360 Speaker 13: which I think is really important. And often when we 817 00:38:28,440 --> 00:38:31,400 Speaker 13: think about electricity, we think about energy, we think about 818 00:38:32,360 --> 00:38:36,640 Speaker 13: towers and power plants and wire than those sorts of things. 819 00:38:37,160 --> 00:38:39,640 Speaker 13: But actually they're thinking about the people that are needed 820 00:38:39,760 --> 00:38:41,960 Speaker 13: and the skills that are needed when they're needed to 821 00:38:42,160 --> 00:38:45,359 Speaker 13: ensure we can build all of that. So I think 822 00:38:45,400 --> 00:38:49,120 Speaker 13: it's really sensible, and MB's been involved from a data 823 00:38:49,320 --> 00:38:52,640 Speaker 13: and analytics perspective just to help them. What's the work 824 00:38:52,680 --> 00:38:53,440 Speaker 13: they're already doing? 825 00:38:53,719 --> 00:38:55,560 Speaker 2: What do you reckon? The problem? Is is it school? 826 00:38:55,640 --> 00:38:57,560 Speaker 2: So in other words, school kids don't know anything about 827 00:38:57,600 --> 00:38:59,560 Speaker 2: this industry and never think about it. Is it a 828 00:38:59,719 --> 00:39:01,600 Speaker 2: job that no one wants any way even if they 829 00:39:01,680 --> 00:39:04,040 Speaker 2: did know about it, Or is it about people leaving 830 00:39:04,120 --> 00:39:05,720 Speaker 2: the country and the skills. 831 00:39:05,400 --> 00:39:06,800 Speaker 11: Left for all of that? 832 00:39:07,000 --> 00:39:09,480 Speaker 13: I think there's a combination of fect is one of 833 00:39:09,560 --> 00:39:13,880 Speaker 13: the subjects that definitely came up yesterday in the discussion was, 834 00:39:14,120 --> 00:39:16,480 Speaker 13: you know, how do we attract more people into the 835 00:39:16,640 --> 00:39:20,520 Speaker 13: energy sector as the MP for top or geo thermal 836 00:39:20,719 --> 00:39:24,839 Speaker 13: is a really exciting area. But actually I'm not sure 837 00:39:24,960 --> 00:39:27,560 Speaker 13: enough of our school kids locally, lit alone across the 838 00:39:27,640 --> 00:39:33,440 Speaker 13: country understand our critical energy is for our future. Gens 839 00:39:33,480 --> 00:39:38,719 Speaker 13: of every home, every business, every government agency, hospitals all 840 00:39:38,880 --> 00:39:42,520 Speaker 13: require energy and you know, being a country that's serious 841 00:39:42,520 --> 00:39:46,080 Speaker 13: about our climate emissions. We actually need to be developing 842 00:39:46,160 --> 00:39:49,680 Speaker 13: greater resilience as well. So yes, I think attraction is 843 00:39:49,840 --> 00:39:52,320 Speaker 13: one of the challenges and that was raised yesterday and 844 00:39:52,440 --> 00:39:56,200 Speaker 13: it's one of the key priorities in the report. It's 845 00:39:56,280 --> 00:40:00,640 Speaker 13: also about building the capability that's in the existing workforce. 846 00:40:01,120 --> 00:40:05,800 Speaker 13: How do they get people up to speed faster, And 847 00:40:05,920 --> 00:40:08,960 Speaker 13: when you've got a growing sector, one of the challenges 848 00:40:09,040 --> 00:40:11,560 Speaker 13: you might be attracting more people in, but then you've 849 00:40:11,600 --> 00:40:14,120 Speaker 13: got to have the existing workforce who are then freed 850 00:40:14,239 --> 00:40:17,640 Speaker 13: up to train and mentor and develop the new people 851 00:40:17,800 --> 00:40:22,440 Speaker 13: coming in. So and yes, retention is part of it. 852 00:40:22,560 --> 00:40:27,120 Speaker 13: But look, this is a really sensible move for a 853 00:40:27,239 --> 00:40:31,759 Speaker 13: workforce that is growing and will continue to grow, and 854 00:40:31,880 --> 00:40:36,880 Speaker 13: they have identified it early and have identified that actually 855 00:40:36,920 --> 00:40:41,319 Speaker 13: what is needed is coordination across the industry. So two 856 00:40:41,520 --> 00:40:47,800 Speaker 13: industry organizations have come together, the Electricity Engineers Association and 857 00:40:48,880 --> 00:40:53,680 Speaker 13: Energy Resources are CERROA working with mb to come up 858 00:40:53,760 --> 00:40:58,520 Speaker 13: with this plan. And then the intention is just to 859 00:40:58,640 --> 00:41:02,280 Speaker 13: make sure that they're working more together across the industry 860 00:41:02,520 --> 00:41:05,640 Speaker 13: and building a workforce together. So it makes a lot 861 00:41:05,680 --> 00:41:08,600 Speaker 13: of sense, and particularly when we know it's a growth 862 00:41:08,680 --> 00:41:12,680 Speaker 13: industry and energy will be so critical to growing the 863 00:41:12,760 --> 00:41:16,040 Speaker 13: economy overall and making sure there are more opportunities for 864 00:41:16,120 --> 00:41:16,880 Speaker 13: more new Zealanders. 865 00:41:17,000 --> 00:41:19,000 Speaker 2: That is the truth. Nice to talk to you, Louise Upston. 866 00:41:19,120 --> 00:41:20,759 Speaker 2: Let me come back to the F one fuel in 867 00:41:20,800 --> 00:41:23,719 Speaker 2: a moment to watch this video. They grow grass turn 868 00:41:23,760 --> 00:41:27,719 Speaker 2: it into petrol. It's incredible. All scientists, all scientists. So 869 00:41:27,840 --> 00:41:30,520 Speaker 2: there's a future of energy anyway more. Shortly seven twenty. 870 00:41:32,160 --> 00:41:36,960 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 871 00:41:37,040 --> 00:41:38,040 Speaker 1: by News Talks EV. 872 00:41:40,000 --> 00:41:41,359 Speaker 2: Now you're going to want to look this up. Very 873 00:41:41,360 --> 00:41:43,800 Speaker 2: few developments that genuinely make you stop and take notice. 874 00:41:43,920 --> 00:41:46,840 Speaker 2: Pillars is one of them. So just twitty homes across 875 00:41:46,880 --> 00:41:50,040 Speaker 2: two architecturally striking buildings. They're overlooking Saint Mary's Bay, which 876 00:41:50,080 --> 00:41:52,399 Speaker 2: is as good as it gets. You're talking water front 877 00:41:52,440 --> 00:41:54,920 Speaker 2: the city, some of Auckland's best neighborhoods right on your doorstep. 878 00:41:55,200 --> 00:41:57,959 Speaker 2: This has been developed by Precinct and designed by jazz Max. 879 00:41:58,520 --> 00:42:01,799 Speaker 2: They're generously proportioned two and bedroom home, all approximately two 880 00:42:01,840 --> 00:42:05,200 Speaker 2: hundred squares with dual aspect layouts, drawing a natural light 881 00:42:05,239 --> 00:42:07,080 Speaker 2: from morning through to the evening. Now depending on the 882 00:42:07,120 --> 00:42:09,800 Speaker 2: home you choose, you'll enjoy either a north facing private 883 00:42:09,880 --> 00:42:13,560 Speaker 2: landscape garden or a harbor facing balcony. Upper level residents 884 00:42:13,640 --> 00:42:15,640 Speaker 2: is enjoying sweeping views across the white matter in the 885 00:42:15,680 --> 00:42:18,359 Speaker 2: city skyline, and where a quarter of the homes already sold. 886 00:42:18,400 --> 00:42:20,200 Speaker 2: Interest is going to be strong. So if this sounds 887 00:42:20,200 --> 00:42:23,400 Speaker 2: a bit of you, Pillars dot co dot nz brilliant 888 00:42:23,440 --> 00:42:25,920 Speaker 2: website spent some time on it this morning. The display 889 00:42:26,000 --> 00:42:30,040 Speaker 2: suite Fortintonbury's Road both open on the weekend eleven to one. 890 00:42:30,400 --> 00:42:32,920 Speaker 2: You can arrange a private viewing through Louise Stringer or 891 00:42:33,000 --> 00:42:35,800 Speaker 2: Dominic Donahey. This is at Bailey's licensed under the re 892 00:42:36,000 --> 00:42:38,440 Speaker 2: double A Act of two thousand and eight, but the 893 00:42:38,520 --> 00:42:41,120 Speaker 2: website see if you don't love it Pillars dot co 894 00:42:41,400 --> 00:42:45,480 Speaker 2: dot Nz Husky sevent twenty four. I note the winging 895 00:42:45,600 --> 00:42:48,040 Speaker 2: has started from the ev owners already, as their fixed 896 00:42:48,120 --> 00:42:51,640 Speaker 2: price deals for recharging their leafs at home has come 897 00:42:51,680 --> 00:42:53,520 Speaker 2: to an end. Some claim the new deals being offered 898 00:42:53,520 --> 00:42:55,520 Speaker 2: by the power company is going to be fifty percent higher. 899 00:42:55,800 --> 00:42:59,120 Speaker 2: How can you possibly be surprised? Did you think you 900 00:42:59,160 --> 00:43:02,279 Speaker 2: would get away with it forever for a while. The 901 00:43:02,400 --> 00:43:04,960 Speaker 2: more deluded you may remember lauded the road tax loophole 902 00:43:05,040 --> 00:43:07,560 Speaker 2: as well, until that got closed. Anyway, the power companies 903 00:43:07,600 --> 00:43:10,520 Speaker 2: see EV owners work this out. They see you as 904 00:43:10,880 --> 00:43:13,800 Speaker 2: a new revenue stream, as petrol may or may not 905 00:43:13,920 --> 00:43:16,520 Speaker 2: become a commodity not worth bothering with anymore, at least 906 00:43:16,560 --> 00:43:19,400 Speaker 2: for cars. Car dealers will be licking their lips that 907 00:43:19,480 --> 00:43:21,920 Speaker 2: a product three and a half short weeks ago they 908 00:43:21,960 --> 00:43:24,799 Speaker 2: couldn't shift for love nor money may have awake time 909 00:43:24,840 --> 00:43:27,680 Speaker 2: as the desperadoes clamber in for something that unshackles them 910 00:43:27,719 --> 00:43:30,760 Speaker 2: from the tyranny of oil. But equally, if it becomes 911 00:43:30,960 --> 00:43:33,319 Speaker 2: a thing. It is way too early to say whether 912 00:43:33,400 --> 00:43:34,640 Speaker 2: or not it is, of course, but if it does, 913 00:43:35,080 --> 00:43:38,360 Speaker 2: power companies will not believe their luck in almost entirely 914 00:43:38,520 --> 00:43:40,440 Speaker 2: new revenue stream, not just from a whole new series 915 00:43:40,440 --> 00:43:43,520 Speaker 2: of customers, but old customers paying way more. Now that 916 00:43:43,719 --> 00:43:46,840 Speaker 2: they've got you hooked in. We must remember power prices 917 00:43:46,840 --> 00:43:49,640 Speaker 2: arising because renewable investment and basicline maintenance. Of course, the 918 00:43:49,680 --> 00:43:52,320 Speaker 2: Commerce Commission has allowed big increases for you and me 919 00:43:52,440 --> 00:43:54,640 Speaker 2: to upgrade the infrastructure. So maybe the way to see 920 00:43:54,640 --> 00:43:57,440 Speaker 2: an EV is not about the cost, although it is 921 00:43:57,480 --> 00:44:01,120 Speaker 2: still cheaper, but more about the convenience. Despite the doom merchants, 922 00:44:01,200 --> 00:44:03,160 Speaker 2: we are no longer running out of power, So don't 923 00:44:03,200 --> 00:44:05,040 Speaker 2: text me ever again about if we all get EV's 924 00:44:05,040 --> 00:44:06,399 Speaker 2: we're going to run out of power. We're not. In fact, 925 00:44:06,400 --> 00:44:10,080 Speaker 2: one of the country's most upbeat stories. We've seemingly transitioned 926 00:44:10,520 --> 00:44:14,480 Speaker 2: or will pretty well in terms of baseload and meeting ongoing, 927 00:44:14,600 --> 00:44:17,960 Speaker 2: if not growing demand. It's why Sri Lanka overnight has 928 00:44:18,000 --> 00:44:20,160 Speaker 2: turned the kneon signs off and told office workers to 929 00:44:20,239 --> 00:44:23,840 Speaker 2: kill the ac. They don't have Clyde, they don't have Tapo, getherrmal. 930 00:44:24,080 --> 00:44:24,959 Speaker 2: They need oil. 931 00:44:25,360 --> 00:44:25,480 Speaker 21: Now. 932 00:44:25,719 --> 00:44:27,799 Speaker 2: This won't be a moment, by the way, in case 933 00:44:27,800 --> 00:44:29,560 Speaker 2: you're thinking of it, this won't be a moment for 934 00:44:29,640 --> 00:44:32,960 Speaker 2: public transport. They've blown that it's too unreliable. So the 935 00:44:33,040 --> 00:44:35,600 Speaker 2: current burst of patronage we're seeing that'll vanish as quickly 936 00:44:35,600 --> 00:44:40,000 Speaker 2: as it arrived. But evs might be having their moment, 937 00:44:40,480 --> 00:44:44,120 Speaker 2: and once you're in you might not go back. That 938 00:44:44,280 --> 00:44:48,279 Speaker 2: critical tipping point might have been provided by a war 939 00:44:49,239 --> 00:44:52,440 Speaker 2: pasking is switchgrass is what it is. You grow a 940 00:44:52,520 --> 00:44:55,440 Speaker 2: field of switch grass and you can make fuel that 941 00:44:55,719 --> 00:44:58,799 Speaker 2: at this point anyway runs if one cars and if 942 00:44:58,800 --> 00:45:00,279 Speaker 2: it can run an F one car. It's to be 943 00:45:00,360 --> 00:45:03,719 Speaker 2: eventually able to run yours. It's hideously expensive, as I 944 00:45:03,840 --> 00:45:07,920 Speaker 2: explained yesterday, but switchgrass grows in crappy soil and you 945 00:45:08,000 --> 00:45:10,040 Speaker 2: don't have to turn the soil over very often either. 946 00:45:10,120 --> 00:45:12,359 Speaker 2: You can grow crop after crop after crop after crop. 947 00:45:12,520 --> 00:45:15,359 Speaker 2: It's all done in the lab. It's all science and scientists, 948 00:45:15,800 --> 00:45:17,719 Speaker 2: but those are the sort of This is the sort 949 00:45:17,760 --> 00:45:19,680 Speaker 2: of future. If you can grow a crappy old crop 950 00:45:20,200 --> 00:45:22,600 Speaker 2: and turn it into petrol, and that solves our problem. 951 00:45:23,840 --> 00:45:26,120 Speaker 2: We've got something bright to look forward to, but well 952 00:45:26,160 --> 00:45:29,680 Speaker 2: worth looking up. Kim Illman is his name. He's done 953 00:45:29,719 --> 00:45:31,719 Speaker 2: the piece on it and it started off my I 954 00:45:31,800 --> 00:45:33,960 Speaker 2: alluded to it yesterday. It costs like forty thousand dollars 955 00:45:34,000 --> 00:45:35,520 Speaker 2: to fill in F one car. So the cost is 956 00:45:35,560 --> 00:45:37,719 Speaker 2: the issue at the moment, but it won't always be. 957 00:45:38,239 --> 00:45:41,000 Speaker 2: Jenny Smith, musician, got a song from her. 958 00:45:40,960 --> 00:45:45,879 Speaker 1: After eight credible, compelling The breakfast show you can't bess. 959 00:45:46,080 --> 00:45:49,000 Speaker 1: It's the Mic Hosking Breakfast with Rainthrow of a Sport 960 00:45:49,239 --> 00:45:52,600 Speaker 1: SV The Ultimate Performance SUV News togs d V. 961 00:45:52,960 --> 00:45:56,520 Speaker 2: Jenny Smith has got her David Weldon. It's coming up tomorrow, 962 00:45:57,120 --> 00:45:59,279 Speaker 2: so we're getting her in today, and she was going 963 00:45:59,320 --> 00:46:00,799 Speaker 2: to come on the program a couple of years ago. 964 00:46:00,840 --> 00:46:02,560 Speaker 2: I'll tell you the story on ear was the telling 965 00:46:02,640 --> 00:46:04,920 Speaker 2: other people anyway, you mentioned it in passing at the 966 00:46:05,000 --> 00:46:07,280 Speaker 2: end of the timeime, So if another sent me flowers 967 00:46:07,320 --> 00:46:08,920 Speaker 2: and I don't remember that, and I have no idea 968 00:46:09,000 --> 00:46:11,040 Speaker 2: why he sent me flowers, but he did apparently. And 969 00:46:11,120 --> 00:46:13,120 Speaker 2: then COVID came along and she never came in, and 970 00:46:13,440 --> 00:46:16,840 Speaker 2: I've been sitting here pining, wondering whatever happened to her. Anyway, 971 00:46:16,880 --> 00:46:19,719 Speaker 2: they've they've got her back, and her debut Welden is 972 00:46:19,760 --> 00:46:22,240 Speaker 2: out tomorrow, so she isn't for a song after eight. Meantime, 973 00:46:22,960 --> 00:46:25,759 Speaker 2: the government, speaking tomorrow, are going to be letting us 974 00:46:25,800 --> 00:46:27,960 Speaker 2: know if the oil becomes a real issue, what the 975 00:46:28,120 --> 00:46:31,480 Speaker 2: plan is. But meantime, the Ministry of Education apparently is 976 00:46:31,560 --> 00:46:34,880 Speaker 2: working on some remote learning options now. The Associate Minister 977 00:46:34,960 --> 00:46:37,000 Speaker 2: of Education is, of course David Seymour, who's with us. 978 00:46:37,040 --> 00:46:39,480 Speaker 2: Good morning, Good morning mate. The stories I'm hearing relief 979 00:46:39,560 --> 00:46:42,040 Speaker 2: teachers canceling, How real is that? How big a problem 980 00:46:42,160 --> 00:46:43,520 Speaker 2: is this in education at the moment. 981 00:46:44,560 --> 00:46:48,120 Speaker 21: I think whenever you have a situation like this, it's 982 00:46:48,320 --> 00:46:52,040 Speaker 21: always tempting to take an example of something that may 983 00:46:52,200 --> 00:46:55,480 Speaker 21: happen every day, view it through the lens of a 984 00:46:55,560 --> 00:46:58,520 Speaker 21: perceived crisis, and then and fate it further. That's how 985 00:46:58,600 --> 00:47:01,920 Speaker 21: this momentum gets going. I'm determined that we're going to 986 00:47:02,000 --> 00:47:05,440 Speaker 21: learn the lessons of COVID and be sensible. In the 987 00:47:05,560 --> 00:47:09,000 Speaker 21: last week, we've had days where school attendance across the 988 00:47:09,040 --> 00:47:12,799 Speaker 21: country was ninety one percent. That is very very good 989 00:47:12,880 --> 00:47:15,160 Speaker 21: because we and it's possible to know that because we 990 00:47:15,280 --> 00:47:19,000 Speaker 21: track attendance daily now. So I think it's important to 991 00:47:19,080 --> 00:47:23,120 Speaker 21: keep your head on the eye on the data and keep. 992 00:47:23,000 --> 00:47:23,520 Speaker 4: A call head. 993 00:47:23,880 --> 00:47:25,960 Speaker 2: And is everyone keeping the call head or just you? 994 00:47:26,200 --> 00:47:26,880 Speaker 2: Within government? 995 00:47:28,200 --> 00:47:31,680 Speaker 21: I think the government has been very very calm, working 996 00:47:31,840 --> 00:47:36,160 Speaker 21: through what the scenarios are, making sure that if we 997 00:47:36,320 --> 00:47:38,759 Speaker 21: need to go to a demand side plan, and that's 998 00:47:38,800 --> 00:47:41,600 Speaker 21: a long way in the future and it's hypothetical, we 999 00:47:41,680 --> 00:47:45,440 Speaker 21: will have done it properly. Our predecessors through COVID very 1000 00:47:45,480 --> 00:47:47,640 Speaker 21: good at making the announcements, not so good at the 1001 00:47:47,719 --> 00:47:51,120 Speaker 21: follow up. We are taking a stance of making sure 1002 00:47:51,160 --> 00:47:53,560 Speaker 21: we get the work done in the background before we 1003 00:47:53,640 --> 00:47:54,760 Speaker 21: rush off twenty podiums. 1004 00:47:55,000 --> 00:47:58,520 Speaker 2: I dread the idea of kids going back home to learn. 1005 00:47:58,640 --> 00:48:01,520 Speaker 2: I'm assuming you do too. What would it take for 1006 00:48:01,600 --> 00:48:02,200 Speaker 2: that to happen? 1007 00:48:03,640 --> 00:48:06,000 Speaker 21: Well, first of all, is a very strong sense in 1008 00:48:06,120 --> 00:48:09,000 Speaker 21: our cabinet that we're not going to repeat the mistake 1009 00:48:09,080 --> 00:48:12,359 Speaker 21: of putting education down the totem pole of priorities. 1010 00:48:12,880 --> 00:48:14,920 Speaker 4: For that to happen, we would have to get to. 1011 00:48:15,000 --> 00:48:19,080 Speaker 21: A scenario where there were severe fuel disruptions and we 1012 00:48:19,280 --> 00:48:24,800 Speaker 21: were reduced to maintaining essential life supporting services ambulances, police 1013 00:48:25,280 --> 00:48:28,879 Speaker 21: hospitals and essential food supply. But we're not even close 1014 00:48:28,960 --> 00:48:31,759 Speaker 21: to that, and the government's response is to work on 1015 00:48:31,880 --> 00:48:34,720 Speaker 21: the supply side first. So I've had the Prime Minister 1016 00:48:34,880 --> 00:48:37,920 Speaker 21: talk to the Prime Minister of South Korea, sorry, President 1017 00:48:37,960 --> 00:48:41,360 Speaker 21: of South Korea, Prime Minister of Singapore, tracking the ships, 1018 00:48:41,560 --> 00:48:44,360 Speaker 21: making sure the supply is working with like minded friends 1019 00:48:44,400 --> 00:48:47,120 Speaker 21: such as the Australians, and I think that we can 1020 00:48:47,200 --> 00:48:50,320 Speaker 21: avert that. But we're very clear that in the scenario 1021 00:48:50,440 --> 00:48:53,120 Speaker 21: where we had to start restricting, we will not be 1022 00:48:53,239 --> 00:48:56,520 Speaker 21: sacrificing education the way that it was done last time, 1023 00:48:56,800 --> 00:48:58,719 Speaker 21: because there will be a long term future for New 1024 00:48:58,800 --> 00:49:01,480 Speaker 21: Zealand and a lot of that future will be determined 1025 00:49:01,840 --> 00:49:04,640 Speaker 21: by how well educated the population is that will be 1026 00:49:04,719 --> 00:49:06,440 Speaker 21: determined by how many children went to school. 1027 00:49:06,560 --> 00:49:09,439 Speaker 2: You raise very important point Luckson's discussions, which wasn't covered 1028 00:49:09,480 --> 00:49:11,759 Speaker 2: properly in the media at all yesterday. Did he get 1029 00:49:11,920 --> 00:49:15,680 Speaker 2: reassurance that we're okay for now? So, in other words, 1030 00:49:15,760 --> 00:49:19,480 Speaker 2: beyond the stuff on the water, that beyond that there 1031 00:49:19,800 --> 00:49:22,040 Speaker 2: is something for us to be hopeful about or not, 1032 00:49:22,239 --> 00:49:22,680 Speaker 2: we don't know. 1033 00:49:24,040 --> 00:49:26,520 Speaker 21: Look, I think it's positive that the thing is the 1034 00:49:26,880 --> 00:49:28,520 Speaker 21: way I think about this, You've got to look at 1035 00:49:28,880 --> 00:49:32,440 Speaker 21: the military situation. Then on top of that layer is 1036 00:49:32,640 --> 00:49:35,800 Speaker 21: the fuel supply situation, and then on top of that 1037 00:49:36,239 --> 00:49:40,080 Speaker 21: is the policy responses and the business responses that you see. 1038 00:49:39,920 --> 00:49:40,600 Speaker 15: In New Zealand. 1039 00:49:41,040 --> 00:49:46,160 Speaker 21: The challenge, of course is the military situation. Nobody I suspect, 1040 00:49:46,239 --> 00:49:49,279 Speaker 21: including the people involved in it, can predict what is 1041 00:49:49,360 --> 00:49:51,680 Speaker 21: going to happen tomorrow, let alone next week. So with 1042 00:49:51,880 --> 00:49:55,520 Speaker 21: that uncertainty in the background, we're in a very good position, 1043 00:49:55,640 --> 00:49:56,440 Speaker 21: as good as could be. 1044 00:49:56,719 --> 00:49:59,040 Speaker 2: Okay, The other thing we got you on this morning, 1045 00:49:59,120 --> 00:50:01,960 Speaker 2: this search out thing is I mean, what the hell's 1046 00:50:02,040 --> 00:50:02,279 Speaker 2: going on? 1047 00:50:02,480 --> 00:50:02,759 Speaker 11: Is it on? 1048 00:50:02,920 --> 00:50:07,720 Speaker 2: Or it's off? Look, it's off right, So David Seymour says, 1049 00:50:08,000 --> 00:50:12,080 Speaker 2: it's off. Full stop correct. Yes, that's right, So Scott 1050 00:50:12,120 --> 00:50:14,479 Speaker 2: Simpson can put out all the press releases he wants. 1051 00:50:14,640 --> 00:50:15,160 Speaker 2: He's wrong. 1052 00:50:16,440 --> 00:50:18,680 Speaker 21: Well, what he said is he's continuing to work on 1053 00:50:18,880 --> 00:50:21,440 Speaker 21: options to reduce those charges, and that's always been the 1054 00:50:21,560 --> 00:50:24,560 Speaker 21: desire because people hate these charges. What's come back to 1055 00:50:24,680 --> 00:50:27,560 Speaker 21: us very very strongly is that if it was to 1056 00:50:27,680 --> 00:50:30,719 Speaker 21: be banned the way initially proposed, all it would do 1057 00:50:31,200 --> 00:50:33,560 Speaker 21: is put costs on to small businesses. So you imagine 1058 00:50:33,560 --> 00:50:36,080 Speaker 21: a motel perhaps a husband and wife team put their 1059 00:50:36,120 --> 00:50:39,320 Speaker 21: life savings into a million bucks a year through the 1060 00:50:39,360 --> 00:50:42,680 Speaker 21: payment system, you take two percent fee that that comes 1061 00:50:42,719 --> 00:50:45,440 Speaker 21: out of their bottom line, and that is something that they. 1062 00:50:45,440 --> 00:50:46,160 Speaker 4: Can ill afford. 1063 00:50:46,560 --> 00:50:49,440 Speaker 21: What's more, they're likely to somewhat if they can put 1064 00:50:49,520 --> 00:50:51,879 Speaker 21: prices up, and that's going to be paid by people 1065 00:50:51,880 --> 00:50:54,320 Speaker 21: who use cash and fos. So there's a bunch of 1066 00:50:54,400 --> 00:50:56,720 Speaker 21: reasons why you wouldn't do it this way. Pamji Palmer, 1067 00:50:56,840 --> 00:50:59,960 Speaker 21: the ACTMP in the Select Committee, proposed to a work 1068 00:51:00,120 --> 00:51:02,480 Speaker 21: through which was that, look, you can still charge the 1069 00:51:02,560 --> 00:51:05,560 Speaker 21: fees so long as you also give your customers a 1070 00:51:05,600 --> 00:51:07,960 Speaker 21: free option. And that's fair because look, if you want 1071 00:51:08,040 --> 00:51:11,000 Speaker 21: payway good, I mean I like using it too, but 1072 00:51:11,480 --> 00:51:13,480 Speaker 21: it doesn't seem fair to put the costs of that 1073 00:51:13,680 --> 00:51:14,600 Speaker 21: use onto other people. 1074 00:51:15,000 --> 00:51:16,600 Speaker 2: So can I say that both of you are right? 1075 00:51:16,680 --> 00:51:18,560 Speaker 2: Then yep. 1076 00:51:18,680 --> 00:51:20,000 Speaker 4: And often that's the case. 1077 00:51:20,040 --> 00:51:23,880 Speaker 21: People like to catastrophize politics, but sometimes you've got to 1078 00:51:23,920 --> 00:51:26,239 Speaker 21: recognize most people, most of the time, they're trying to 1079 00:51:26,320 --> 00:51:29,000 Speaker 21: do the right thing, reacting as they get information, just 1080 00:51:29,080 --> 00:51:31,200 Speaker 21: as you've seen with this fish thing. So you know 1081 00:51:31,800 --> 00:51:33,319 Speaker 21: that's politics and it's no bad thing. 1082 00:51:33,560 --> 00:51:36,799 Speaker 2: Right just before you go tomorrow. I don't know if 1083 00:51:36,840 --> 00:51:39,160 Speaker 2: it's at one o'clock, but tomorrow's big reveal on what 1084 00:51:39,360 --> 00:51:42,520 Speaker 2: the next stages could be. Given your optimistic outlook that 1085 00:51:42,600 --> 00:51:45,800 Speaker 2: you've expressed this morning, is tomorrow going to be anything 1086 00:51:45,840 --> 00:51:47,600 Speaker 2: that people are going to spend the weekend getting freaked 1087 00:51:47,600 --> 00:51:48,160 Speaker 2: out about or not. 1088 00:51:49,440 --> 00:51:51,520 Speaker 21: I think the point of tomorrow will be to make 1089 00:51:51,600 --> 00:51:55,279 Speaker 21: sure it's very clear to everybody what would happen if 1090 00:51:55,400 --> 00:51:58,920 Speaker 21: there was a major disruption and supply to our country. 1091 00:51:59,000 --> 00:52:02,279 Speaker 21: It would be comp depletely reckless not to prepare for that, 1092 00:52:02,440 --> 00:52:04,000 Speaker 21: So of course we're doing it, and there's a lot 1093 00:52:04,040 --> 00:52:06,839 Speaker 21: of hard work going on talking to businesses about how 1094 00:52:06,960 --> 00:52:09,640 Speaker 21: it would work, so that we make sure we prioritize 1095 00:52:09,680 --> 00:52:14,120 Speaker 21: really well. But it's also important to emphasize that that's 1096 00:52:14,200 --> 00:52:17,000 Speaker 21: not the plan. We're making the plan so we're ready, 1097 00:52:17,440 --> 00:52:20,279 Speaker 21: and frankly, we're being prepared so we don't have to 1098 00:52:20,400 --> 00:52:24,240 Speaker 21: use it rather than heading off into disaster management politics, 1099 00:52:24,280 --> 00:52:26,439 Speaker 21: which cost this country so dearly and we're still paying 1100 00:52:26,480 --> 00:52:27,440 Speaker 21: for it just around years ago. 1101 00:52:27,520 --> 00:52:29,640 Speaker 2: Yeh and d all right, appreciate it. David Seymore, the 1102 00:52:29,680 --> 00:52:33,080 Speaker 2: Associate Education Ministry. Yeah, the media yesterday and I can't 1103 00:52:33,080 --> 00:52:34,480 Speaker 2: remember who it was. I think there might have been 1104 00:52:34,520 --> 00:52:35,880 Speaker 2: a couple of them, since we're down to eleven or 1105 00:52:35,920 --> 00:52:39,080 Speaker 2: twelve days of diesel, which isn't true. I mean on 1106 00:52:39,320 --> 00:52:41,200 Speaker 2: land they never go. You know, it's all the small print. 1107 00:52:41,239 --> 00:52:43,080 Speaker 2: On land, it might be, but of course the rest 1108 00:52:43,239 --> 00:52:45,120 Speaker 2: is coming, and that's the key to all of this. 1109 00:52:45,239 --> 00:52:46,880 Speaker 2: And what I don't want to see is a lot 1110 00:52:46,920 --> 00:52:51,799 Speaker 2: of alarmism going on because we're predisposed. I think there's 1111 00:52:51,800 --> 00:52:54,680 Speaker 2: a certain percentage of New Zealanders who are predisposed to panic. 1112 00:52:55,719 --> 00:52:57,759 Speaker 2: And the last thing we need is that. By the way, 1113 00:52:57,800 --> 00:53:02,000 Speaker 2: Phil Rosenthaler was on the program Tuesday, Somebody feed Phil. 1114 00:53:02,600 --> 00:53:05,200 Speaker 2: So he was talking about the tourism groups and all 1115 00:53:05,239 --> 00:53:06,880 Speaker 2: that sort of stuff, and I said, well, you know, 1116 00:53:07,000 --> 00:53:09,080 Speaker 2: I don't know why Tourism New Zealand wouldn't get behind you, 1117 00:53:09,920 --> 00:53:12,359 Speaker 2: and you know, get him to New Zealand and get 1118 00:53:12,480 --> 00:53:14,640 Speaker 2: YouTube slash Netflix to New Zealand. He can do a 1119 00:53:14,640 --> 00:53:16,279 Speaker 2: show about New Zealand and put us on the map, 1120 00:53:16,280 --> 00:53:18,279 Speaker 2: et cetera. Anyway, we tagged it or sent it out 1121 00:53:18,360 --> 00:53:21,480 Speaker 2: on the socials. That's what we did. Tag Pure in 1122 00:53:21,560 --> 00:53:25,000 Speaker 2: New Zealand account. That's their global branding initiative. And they 1123 00:53:25,080 --> 00:53:30,000 Speaker 2: came back and said, hint, taken on it with emojis. Now, 1124 00:53:30,040 --> 00:53:33,839 Speaker 2: I always think that's an exciting thing. So let's watch 1125 00:53:33,920 --> 00:53:35,480 Speaker 2: the Space sixteen to two. 1126 00:53:36,800 --> 00:53:41,120 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio now 1127 00:53:41,200 --> 00:53:42,040 Speaker 1: ad By News Talks. 1128 00:53:42,080 --> 00:53:45,719 Speaker 2: It'd be thirteen away from Mike. Why are Watts and 1129 00:53:45,800 --> 00:53:47,760 Speaker 2: McCain shutting? Wages or power prices? 1130 00:53:47,840 --> 00:53:48,320 Speaker 22: Will all of that? 1131 00:53:49,160 --> 00:53:50,960 Speaker 2: If you can be bothered, and you should. Actually, it 1132 00:53:51,040 --> 00:53:53,560 Speaker 2: was a very good piece. The newsroom site. A couple 1133 00:53:53,640 --> 00:53:56,840 Speaker 2: of maybe only a week ago, possibly two did a 1134 00:53:57,160 --> 00:53:59,920 Speaker 2: one of their They write link the old pieces that lot. 1135 00:54:00,080 --> 00:54:02,920 Speaker 2: But you know, often they're interesting and they provide a 1136 00:54:03,000 --> 00:54:05,880 Speaker 2: level of detail no one else does. They looked at 1137 00:54:05,920 --> 00:54:08,240 Speaker 2: what happened. It wasn't McCain's at that point. It was Watties, 1138 00:54:08,960 --> 00:54:10,719 Speaker 2: but it appeared to me to go back to the 1139 00:54:10,800 --> 00:54:14,800 Speaker 2: days you can blame PAMs and house brands essentially, so 1140 00:54:14,920 --> 00:54:16,759 Speaker 2: a whole bunch of stuff was going on. But what 1141 00:54:17,000 --> 00:54:21,080 Speaker 2: happened to Watties was a decade in the making. There's 1142 00:54:21,120 --> 00:54:23,239 Speaker 2: nothing new about it. It's not the sudden cost of 1143 00:54:23,280 --> 00:54:25,400 Speaker 2: living crisis. It's not COVID, there's nothing. It's been a 1144 00:54:25,480 --> 00:54:28,480 Speaker 2: decade in the making, and it's got access to supermarkets. 1145 00:54:28,640 --> 00:54:33,000 Speaker 2: It's a whole bunch of stuff that they explain. None 1146 00:54:33,040 --> 00:54:36,000 Speaker 2: of it, unfortunately, should be a surprise. So McCain's problem 1147 00:54:36,040 --> 00:54:39,520 Speaker 2: will be what's problem, which is just generally a manufacturing 1148 00:54:39,600 --> 00:54:43,279 Speaker 2: problem in this country. Westpac yesterday, I'm afraid to tell 1149 00:54:43,320 --> 00:54:46,200 Speaker 2: you this is our good mate Kelly as an ech old. 1150 00:54:46,480 --> 00:54:48,719 Speaker 2: They've revised down their forecast for the country. How they 1151 00:54:48,840 --> 00:54:50,839 Speaker 2: know this, I don't know this for Q two, which 1152 00:54:50,880 --> 00:54:52,759 Speaker 2: is April, May and June, which hasn't even happened yet, 1153 00:54:52,760 --> 00:54:55,160 Speaker 2: but they're obviously forecasting some that would sort of flow 1154 00:54:55,280 --> 00:54:58,960 Speaker 2: through from epic fury. They think the GDP is going 1155 00:54:59,040 --> 00:55:02,160 Speaker 2: to fall zero point four in the June quarter. There's 1156 00:55:02,160 --> 00:55:03,920 Speaker 2: going to be a dropping household spending. I think that's 1157 00:55:03,920 --> 00:55:06,040 Speaker 2: a fair guess. There's going to be an increase in 1158 00:55:06,120 --> 00:55:08,160 Speaker 2: living costs, that's an even more fair guess. And there's 1159 00:55:08,200 --> 00:55:10,319 Speaker 2: going to be falls in consumer confidence. I reckon that's 1160 00:55:10,320 --> 00:55:12,279 Speaker 2: probably already happened. I mean the numbers they gave you 1161 00:55:12,360 --> 00:55:16,040 Speaker 2: out of Australia yesterday, their quote was death spiral. Consumer 1162 00:55:16,080 --> 00:55:18,840 Speaker 2: confidence numbers came out. Yes, it's in a death spiral. 1163 00:55:19,400 --> 00:55:22,600 Speaker 2: So they were forecasting for the year GDP of three 1164 00:55:22,680 --> 00:55:25,799 Speaker 2: point three and that really is by anyone's standards, extremely good. 1165 00:55:25,840 --> 00:55:27,799 Speaker 2: And they were forecasting three points something for next year 1166 00:55:27,800 --> 00:55:30,520 Speaker 2: as well. So the labor market would now remain weak, 1167 00:55:30,760 --> 00:55:34,160 Speaker 2: they say, until the middle of the unemployment peaks at 1168 00:55:34,200 --> 00:55:38,479 Speaker 2: five point six, ending twenty six at five point four. 1169 00:55:39,160 --> 00:55:41,800 Speaker 2: House price is now expected to fall. So for the 1170 00:55:41,960 --> 00:55:44,680 Speaker 2: year four So depending on who you ask, house prices 1171 00:55:44,680 --> 00:55:47,200 Speaker 2: were going up a bit or a smedge. I mean, 1172 00:55:47,239 --> 00:55:50,200 Speaker 2: I think somebody had them like rising by seven percent 1173 00:55:50,280 --> 00:55:52,080 Speaker 2: this year. Then they pull it back to five and 1174 00:55:52,160 --> 00:55:54,440 Speaker 2: then we're around about three or four. Now they think 1175 00:55:54,480 --> 00:55:58,160 Speaker 2: it'll fall zero point nine for the year. Inflation to 1176 00:55:58,239 --> 00:56:02,000 Speaker 2: peak at four went one, which is not Australia. Charmers 1177 00:56:02,040 --> 00:56:05,600 Speaker 2: are saying five plus for Australia, but here four point one. 1178 00:56:05,800 --> 00:56:08,279 Speaker 2: It'll remain above three percent through the first quarter of 1179 00:56:08,320 --> 00:56:11,319 Speaker 2: twenty twenty seven. So, in other words, if Kelly's right, 1180 00:56:12,600 --> 00:56:15,440 Speaker 2: you're reimagining the look of the economy and election year, 1181 00:56:15,440 --> 00:56:18,359 Speaker 2: which is no small thing. Nine away from eight. 1182 00:56:19,480 --> 00:56:23,160 Speaker 1: The Mike asking breakfast with Bailey's real estate news talks. 1183 00:56:23,200 --> 00:56:25,520 Speaker 2: There'd be Mike predictions for laws on this weekend. How's 1184 00:56:25,560 --> 00:56:27,640 Speaker 2: he going to do? Good question? I think, well, I 1185 00:56:27,680 --> 00:56:29,640 Speaker 2: think it's a good car. He loves the track. He's 1186 00:56:29,640 --> 00:56:31,200 Speaker 2: got good experience of the track. He was in the 1187 00:56:31,320 --> 00:56:33,239 Speaker 2: Super Series, of course, and they did a lot of 1188 00:56:33,320 --> 00:56:36,040 Speaker 2: racing in that particular part of the world. I'll come 1189 00:56:36,080 --> 00:56:37,600 Speaker 2: back to that in the moment, because the fai IS 1190 00:56:37,640 --> 00:56:41,359 Speaker 2: announcesday investor n investigation into Mercedes this morning. Seven away 1191 00:56:41,360 --> 00:56:43,640 Speaker 2: from eight. Right, if m A financial markets authorities had 1192 00:56:43,680 --> 00:56:46,040 Speaker 2: to look at our ability to access financial advice, turns 1193 00:56:46,040 --> 00:56:48,239 Speaker 2: out most of us don't. Just twenty eight percent did 1194 00:56:48,280 --> 00:56:51,600 Speaker 2: something about it. Nick Carr Haykes is the CEO of 1195 00:56:51,680 --> 00:56:53,919 Speaker 2: Financial Advice to New Zealand and is with US Nicker, 1196 00:56:54,000 --> 00:56:54,680 Speaker 2: very good morning to you. 1197 00:56:55,480 --> 00:56:56,239 Speaker 15: Good morning, Mike. 1198 00:56:56,440 --> 00:56:58,439 Speaker 2: Could it be the twenty eight percent did it because 1199 00:56:58,480 --> 00:56:59,880 Speaker 2: they wanted to need it to and the rest of 1200 00:57:00,080 --> 00:57:01,799 Speaker 2: us just getting on with life and we're fine, thank 1201 00:57:01,840 --> 00:57:02,399 Speaker 2: you very much. 1202 00:57:03,920 --> 00:57:05,920 Speaker 15: I mean, what the report said is that people do 1203 00:57:06,080 --> 00:57:09,640 Speaker 15: want it because they think about it at least every month, 1204 00:57:10,239 --> 00:57:14,120 Speaker 15: and we interact with financial products every day of our lives, 1205 00:57:14,160 --> 00:57:16,400 Speaker 15: and so people do want it. But what their review 1206 00:57:16,480 --> 00:57:19,760 Speaker 15: said is that they don't really know how or potentially 1207 00:57:19,800 --> 00:57:23,360 Speaker 15: what it is, and so clearly there's an opportunity for 1208 00:57:23,480 --> 00:57:25,000 Speaker 15: people to go and seek financial advice. 1209 00:57:25,160 --> 00:57:27,640 Speaker 2: Are there two groups and the ones I need help 1210 00:57:27,680 --> 00:57:30,040 Speaker 2: because I'm in trouble versus the I wouldn't mind knowing 1211 00:57:30,080 --> 00:57:32,400 Speaker 2: what to do with my money and things I haven't 1212 00:57:32,440 --> 00:57:33,400 Speaker 2: thought about in type group? 1213 00:57:34,320 --> 00:57:36,680 Speaker 15: Yeah, definitely a bit of both, you know. I think, 1214 00:57:36,880 --> 00:57:39,840 Speaker 15: let's be honest, we're not very good talking about money, 1215 00:57:39,960 --> 00:57:43,880 Speaker 15: no matter what ap situation. Money is often the biggest 1216 00:57:43,920 --> 00:57:46,880 Speaker 15: cause of stress, no matter what a situation, and a 1217 00:57:46,920 --> 00:57:48,920 Speaker 15: little bit similar to our health complaint is that if 1218 00:57:48,960 --> 00:57:51,120 Speaker 15: we sweep it under the carpet until it's too late. 1219 00:57:51,600 --> 00:57:54,400 Speaker 15: When people do get financial advice, they usually say I 1220 00:57:54,440 --> 00:57:55,960 Speaker 15: wish i'd started a little bit earlier. 1221 00:57:56,080 --> 00:57:58,640 Speaker 2: Yeah, are young people a problem in terms of excess. 1222 00:58:00,360 --> 00:58:02,360 Speaker 15: All age groups are a problem. That's what the review 1223 00:58:02,400 --> 00:58:07,320 Speaker 15: has identified. Help people younger people interact and start engaging 1224 00:58:07,400 --> 00:58:10,040 Speaker 15: with financial advice is going to be different to people 1225 00:58:10,120 --> 00:58:12,040 Speaker 15: at the other end of the spectrum, who are, you know, 1226 00:58:12,160 --> 00:58:15,440 Speaker 15: maybe transitioning into retirement. And I think that's the challenge 1227 00:58:15,440 --> 00:58:18,600 Speaker 15: and the opportunity for the advice profession is to meet 1228 00:58:18,600 --> 00:58:19,320 Speaker 15: people where they're at. 1229 00:58:19,440 --> 00:58:21,800 Speaker 2: I was going to say, it's on you, guys, really, 1230 00:58:21,920 --> 00:58:23,320 Speaker 2: isn't it, Because at the end of the day, I 1231 00:58:23,360 --> 00:58:25,160 Speaker 2: find you ever seek advice and things don't go well 1232 00:58:25,200 --> 00:58:27,760 Speaker 2: for me, that's on me. But if you can get 1233 00:58:27,800 --> 00:58:30,320 Speaker 2: to me and convince me, then you know, A you've 1234 00:58:30,320 --> 00:58:31,880 Speaker 2: got business and B you've helped me out. 1235 00:58:33,040 --> 00:58:35,560 Speaker 15: Yeah, let's start with the latter. Is that if we 1236 00:58:35,680 --> 00:58:38,560 Speaker 15: get you earlier, we know that you will be better off. 1237 00:58:39,400 --> 00:58:42,520 Speaker 15: And so that is the challenge for the financial advice profession, 1238 00:58:42,600 --> 00:58:44,080 Speaker 15: and you know, that's why we're driving a lot of 1239 00:58:44,160 --> 00:58:47,800 Speaker 15: the initiatives in the public space to build that awareness 1240 00:58:47,840 --> 00:58:50,040 Speaker 15: and address some of the findings of the fma's review. 1241 00:58:50,160 --> 00:58:52,960 Speaker 2: Good stuff. Nick nick Haiks, who was the chief financial 1242 00:58:53,000 --> 00:58:56,280 Speaker 2: officer at the Financial Advice in New Zealand Group four 1243 00:58:56,320 --> 00:58:58,760 Speaker 2: minutes away from Ete past. Might I think that worked out? 1244 00:58:58,760 --> 00:59:02,960 Speaker 2: What media means manufacturer, extreme drama, ideologically aligned. It's not bad, 1245 00:59:03,160 --> 00:59:04,480 Speaker 2: you know, it's the weather. That's some weather in the 1246 00:59:04,520 --> 00:59:06,400 Speaker 2: northern part of the country. This morning's bit of rain 1247 00:59:06,480 --> 00:59:09,320 Speaker 2: in Northland. I hope in the very specific area weather's 1248 00:59:09,320 --> 00:59:12,200 Speaker 2: a red warning. The media now report just warnings. So 1249 00:59:12,280 --> 00:59:14,720 Speaker 2: it used to be it used to be there's a 1250 00:59:14,800 --> 00:59:17,000 Speaker 2: storm coming, or there's windcoming or something. Now they just 1251 00:59:17,000 --> 00:59:19,120 Speaker 2: say warnings. There's fifteen warnings out there, as though that's 1252 00:59:19,160 --> 00:59:19,360 Speaker 2: a thing. 1253 00:59:19,520 --> 00:59:20,800 Speaker 4: I don't think they used to have colors. 1254 00:59:20,840 --> 00:59:23,480 Speaker 23: You see now that they've got colors exactly exactly what 1255 00:59:23,640 --> 00:59:24,280 Speaker 23: kind of warning they are. 1256 00:59:24,560 --> 00:59:26,280 Speaker 2: You're read and there are fifteen of them. They were 1257 00:59:26,320 --> 00:59:28,920 Speaker 2: saying that yesterday, as though though I give them monkeys. 1258 00:59:29,320 --> 00:59:32,200 Speaker 2: It's like the met Service issues warnings like there's no tomorrow. 1259 00:59:32,320 --> 00:59:34,959 Speaker 4: They should say all green today, guys, go for your life. 1260 00:59:35,040 --> 00:59:38,000 Speaker 2: I mean, honestly, it's like sooner or later we'll get 1261 00:59:38,840 --> 00:59:41,280 Speaker 2: it too. Shell Pass is my great hope. Now I've 1262 00:59:41,280 --> 00:59:42,760 Speaker 2: worked myself up and I have don't have time to 1263 00:59:42,880 --> 00:59:46,120 Speaker 2: tell you about Mercedes anyway Mercedes if one potentially got trouble. 1264 00:59:47,440 --> 00:59:50,840 Speaker 2: I FIA is investigating their their wings front end back 1265 00:59:51,800 --> 00:59:55,400 Speaker 2: accusation that they're a bit Dodge and that will come 1266 00:59:55,520 --> 00:59:59,800 Speaker 2: to play potentially in Japan this coming weekend Music Shortly 1267 01:00:00,040 --> 01:00:01,120 Speaker 2: with Jenny Smith. 1268 01:00:02,440 --> 01:00:06,440 Speaker 1: Asking the questions others won't the mic asking breakfast with 1269 01:00:06,680 --> 01:00:11,240 Speaker 1: Bailey's real estate altogether better across residential, commercial and rural 1270 01:00:11,360 --> 01:00:11,880 Speaker 1: news talks. 1271 01:00:11,920 --> 01:00:16,360 Speaker 4: Heead b you're a great so sylvesberration. 1272 01:00:18,000 --> 01:00:21,240 Speaker 16: That it's up my imagine soon. 1273 01:00:21,840 --> 01:00:24,640 Speaker 2: Hit is seven minutes past eight. Exciting times for Jenny Smith. 1274 01:00:24,720 --> 01:00:26,800 Speaker 2: She's well, she almost got on the show in twenty 1275 01:00:26,840 --> 01:00:30,000 Speaker 2: twenty one, then Covid Heath. But tomorrow her debut album 1276 01:00:30,160 --> 01:00:33,080 Speaker 2: drops and a tour ensues. She's been in music since 1277 01:00:33,120 --> 01:00:35,960 Speaker 2: she was twelve, got the Songwriter of the Year Country 1278 01:00:36,000 --> 01:00:38,160 Speaker 2: Music Awards back in twenty eighteen. Her singles from the 1279 01:00:38,280 --> 01:00:41,439 Speaker 2: album are already charting. Jenny Smith was with us lovely 1280 01:00:41,520 --> 01:00:44,720 Speaker 2: to see you mate at last, lovely to see you. 1281 01:00:45,160 --> 01:00:47,760 Speaker 2: What have you been doing? First of all, let's celebrate Mirror, 1282 01:00:48,640 --> 01:00:51,720 Speaker 2: which is number one on the hot charts. I mean 1283 01:00:51,840 --> 01:00:53,360 Speaker 2: number one, it's number one. 1284 01:00:53,440 --> 01:00:54,080 Speaker 22: It's crazy. 1285 01:00:54,360 --> 01:00:56,440 Speaker 2: You can't argue with that. No, do you get up 1286 01:00:56,480 --> 01:00:58,160 Speaker 2: every morning and look at the charts to see where 1287 01:00:58,200 --> 01:00:58,480 Speaker 2: you are? 1288 01:00:59,040 --> 01:00:59,080 Speaker 7: No? 1289 01:00:59,560 --> 01:01:02,720 Speaker 16: No, they they tagged me on Instagram and it just 1290 01:01:02,800 --> 01:01:03,439 Speaker 16: blew my mind. 1291 01:01:03,600 --> 01:01:05,920 Speaker 2: No way, isn't that exciting? Good on you? What have 1292 01:01:06,000 --> 01:01:07,760 Speaker 2: you been doing in the ensuing? So you did you 1293 01:01:07,880 --> 01:01:10,880 Speaker 2: hear twenty twenty one? It's a long time ago. What 1294 01:01:11,000 --> 01:01:12,040 Speaker 2: have you done since then? 1295 01:01:12,920 --> 01:01:17,800 Speaker 16: I graduated my songwriting degree at Auckland University, and then 1296 01:01:17,840 --> 01:01:21,560 Speaker 16: I started teaching music and took a slight break from releasing, 1297 01:01:22,200 --> 01:01:24,320 Speaker 16: and then I started releasing again in twenty twenty three, 1298 01:01:24,680 --> 01:01:26,640 Speaker 16: and I released. 1299 01:01:26,360 --> 01:01:27,320 Speaker 22: An EP in. 1300 01:01:28,960 --> 01:01:32,640 Speaker 16: Twenty twenty four. So, yeah, I'm releasing my debut album. 1301 01:01:32,760 --> 01:01:34,800 Speaker 16: It comes out at midnight to night? 1302 01:01:34,880 --> 01:01:36,360 Speaker 2: Really, how exciting is it? 1303 01:01:37,280 --> 01:01:39,200 Speaker 16: It's I've been working on it for three years, So 1304 01:01:40,040 --> 01:01:42,760 Speaker 16: exciting is like a less a word for it. 1305 01:01:45,360 --> 01:01:45,919 Speaker 9: Is it good? 1306 01:01:46,920 --> 01:01:47,840 Speaker 22: The album? Yeah? 1307 01:01:48,240 --> 01:01:48,439 Speaker 1: Yeah? 1308 01:01:49,200 --> 01:01:52,360 Speaker 2: So the reason I ask is we feature music on 1309 01:01:52,440 --> 01:01:54,560 Speaker 2: this program, and they often put in things like this 1310 01:01:54,760 --> 01:01:58,360 Speaker 2: album was recorded in two weeks. This album was recorded 1311 01:01:58,400 --> 01:02:00,640 Speaker 2: in a mass session lasting twenty four And I'm thinking 1312 01:02:00,680 --> 01:02:03,840 Speaker 2: to myself, I wouldn't say that publicly yet You've gone 1313 01:02:03,880 --> 01:02:07,520 Speaker 2: for three years. Do you run the risk of overthinking it. 1314 01:02:08,760 --> 01:02:11,360 Speaker 16: It was less about overthinking and more about the fact 1315 01:02:11,360 --> 01:02:14,240 Speaker 16: that I'm an independent artist, so I have to find 1316 01:02:14,280 --> 01:02:16,520 Speaker 16: the time to go to record, but I also fund 1317 01:02:16,560 --> 01:02:17,080 Speaker 16: it myself. 1318 01:02:17,400 --> 01:02:22,200 Speaker 2: Right, Yeah, it's hard work. The graduation in teaching or 1319 01:02:22,280 --> 01:02:26,800 Speaker 2: learning music officially, does that help in terms of performance, 1320 01:02:27,080 --> 01:02:28,880 Speaker 2: artistry creativity? 1321 01:02:29,760 --> 01:02:32,680 Speaker 16: I definitely learned a lot in my time studying songwriting. 1322 01:02:33,160 --> 01:02:35,040 Speaker 16: I think it made me think a little bit more 1323 01:02:35,080 --> 01:02:39,320 Speaker 16: in depth about what I'm writing. It arguably made my 1324 01:02:39,360 --> 01:02:43,200 Speaker 16: songwriting process slower because I go back and tweak things 1325 01:02:43,360 --> 01:02:46,720 Speaker 16: multiple times, but I think it paid off. 1326 01:02:46,880 --> 01:02:50,480 Speaker 2: So literally, what do you learn in writing? Is there 1327 01:02:50,520 --> 01:02:53,920 Speaker 2: a structure to it that they would teach you to follow. 1328 01:02:55,120 --> 01:02:57,560 Speaker 16: So not really a structure. They teach you different routes 1329 01:02:57,600 --> 01:03:02,480 Speaker 16: of creativity, so they give you different criterias, so they'll 1330 01:03:02,480 --> 01:03:04,680 Speaker 16: be like, today, you're going to write a song about 1331 01:03:05,120 --> 01:03:07,520 Speaker 16: something that you've heard on the news and then present 1332 01:03:07,600 --> 01:03:10,640 Speaker 16: it to us next week when you've edited it kind 1333 01:03:10,680 --> 01:03:13,440 Speaker 16: of thing. And just doing that and learning that there 1334 01:03:13,520 --> 01:03:16,160 Speaker 16: are different ways to write songs was really beneficial. 1335 01:03:16,600 --> 01:03:19,400 Speaker 2: Can I believe you're a Taylor Swift fan? 1336 01:03:19,520 --> 01:03:19,920 Speaker 8: Is that right? 1337 01:03:20,280 --> 01:03:20,520 Speaker 16: Huge? 1338 01:03:20,600 --> 01:03:20,800 Speaker 8: Yeah? 1339 01:03:20,920 --> 01:03:21,000 Speaker 22: Right? 1340 01:03:21,080 --> 01:03:24,240 Speaker 2: Okay, so I'm a massive Taylor Swift fan, but not 1341 01:03:24,440 --> 01:03:26,560 Speaker 2: in the way that you probably are, in the sense 1342 01:03:26,600 --> 01:03:29,880 Speaker 2: what I admire her. She's clearly a genius with words. 1343 01:03:30,560 --> 01:03:33,840 Speaker 2: Would that assessment be fair? Just talking about songwriting stuff? 1344 01:03:33,880 --> 01:03:37,120 Speaker 2: The stuff she comes out with verbally is little short 1345 01:03:37,200 --> 01:03:38,160 Speaker 2: or brilliant at times. 1346 01:03:39,040 --> 01:03:41,720 Speaker 16: Yeah, I'm a Swift you because of her music. Primarily. 1347 01:03:41,800 --> 01:03:45,000 Speaker 16: I don't go into her life or anything. No, and 1348 01:03:45,280 --> 01:03:48,880 Speaker 16: I definitely got into songwriting because of Taylor. I remember 1349 01:03:48,960 --> 01:03:53,080 Speaker 16: being seven or eight years old watching C four all 1350 01:03:53,120 --> 01:03:55,320 Speaker 16: the music videos and Taylor Swift came on and I 1351 01:03:55,440 --> 01:03:56,720 Speaker 16: was like, that is what I want to do. And 1352 01:03:56,760 --> 01:03:58,240 Speaker 16: then I beg my mum to get me the CD 1353 01:03:58,360 --> 01:04:00,120 Speaker 16: with the Romeo and Juliet song on it, and. 1354 01:04:00,160 --> 01:04:02,160 Speaker 2: There you go, and yeah, here I am, and it's 1355 01:04:02,200 --> 01:04:06,000 Speaker 2: become real. Yeah, that's fantastic. Now you've the first guest, 1356 01:04:06,080 --> 01:04:08,120 Speaker 2: by the way, I've been doing the show for eighteen years, 1357 01:04:08,720 --> 01:04:10,800 Speaker 2: you are the first guest who has ever bought me 1358 01:04:10,880 --> 01:04:15,560 Speaker 2: baking You're kidding. I wish I was, Mike. 1359 01:04:16,080 --> 01:04:16,360 Speaker 10: I know. 1360 01:04:17,080 --> 01:04:19,480 Speaker 2: So I haven't opened it because I don't like to 1361 01:04:19,560 --> 01:04:20,760 Speaker 2: open gifts in front of people. 1362 01:04:21,240 --> 01:04:21,680 Speaker 8: What is it? 1363 01:04:22,160 --> 01:04:25,360 Speaker 16: It is biscuit slice, But what's that mean, it's a 1364 01:04:25,480 --> 01:04:26,600 Speaker 16: fudge with biscuits in it. 1365 01:04:27,000 --> 01:04:30,000 Speaker 2: Wow, and you made that? Is it your recipe? 1366 01:04:30,360 --> 01:04:30,560 Speaker 22: Yeah? 1367 01:04:30,840 --> 01:04:31,560 Speaker 2: Is it delicious? 1368 01:04:32,200 --> 01:04:32,640 Speaker 3: I think so. 1369 01:04:33,360 --> 01:04:34,440 Speaker 16: You never had any complains? 1370 01:04:35,760 --> 01:04:39,600 Speaker 2: That fair enough to Now what your videos? I watched 1371 01:04:39,640 --> 01:04:43,600 Speaker 2: one yesterday Mirror, which I believe, as we've said, is 1372 01:04:43,680 --> 01:04:45,680 Speaker 2: number one on the hot charts at the moment, And 1373 01:04:45,880 --> 01:04:48,000 Speaker 2: the other one I watched was the bloke in the supermarket. 1374 01:04:48,760 --> 01:04:51,000 Speaker 2: Your videos seem to have I don't know what they 1375 01:04:51,040 --> 01:04:54,200 Speaker 2: would like, a quirkiness to it, like a touch of 1376 01:04:54,280 --> 01:04:57,000 Speaker 2: humor to them. That's obviously deliberate. 1377 01:04:57,600 --> 01:04:57,800 Speaker 22: Yeah. 1378 01:04:58,000 --> 01:05:00,920 Speaker 16: I love having a bit of humor in there. It 1379 01:05:01,120 --> 01:05:04,000 Speaker 16: just keeps everything white. But I do wonder what will 1380 01:05:04,040 --> 01:05:06,280 Speaker 16: happen the day that I write a really sad song 1381 01:05:06,400 --> 01:05:08,120 Speaker 16: for a single. I don't know what I'm going to 1382 01:05:08,200 --> 01:05:10,680 Speaker 16: do with that as a music video, but I'll figure 1383 01:05:10,680 --> 01:05:11,240 Speaker 16: out something. 1384 01:05:11,440 --> 01:05:13,040 Speaker 2: Well, good on you. What are you going to play 1385 01:05:13,080 --> 01:05:13,800 Speaker 2: for us after the break? 1386 01:05:13,920 --> 01:05:15,120 Speaker 16: I'm going to play Mirror for you? 1387 01:05:15,360 --> 01:05:15,480 Speaker 7: Now? 1388 01:05:15,640 --> 01:05:17,320 Speaker 2: Is Mirror the song that's number one on the hot 1389 01:05:17,440 --> 01:05:20,000 Speaker 2: charts of the moment? Yes, that's the one. More from 1390 01:05:20,120 --> 01:05:22,200 Speaker 2: Jenny Smith in a twelve past date. 1391 01:05:22,920 --> 01:05:27,480 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 1392 01:05:27,560 --> 01:05:28,400 Speaker 1: by News Talk. 1393 01:05:28,280 --> 01:05:32,960 Speaker 2: Zippy News Talk Zibby. It's coming up a quarter past eight. Mike, Jenny, 1394 01:05:33,200 --> 01:05:36,160 Speaker 2: this is a text for you. Jenny. Jenny is an 1395 01:05:36,160 --> 01:05:40,000 Speaker 2: amazing musician. She teaches me the banjo and is so 1396 01:05:40,240 --> 01:05:41,400 Speaker 2: lovely and encouraging. 1397 01:05:42,360 --> 01:05:43,440 Speaker 13: I know exactly who that is. 1398 01:05:43,720 --> 01:05:44,960 Speaker 2: I was going to say, how many people do you 1399 01:05:45,040 --> 01:05:45,920 Speaker 2: teach the banjo too? 1400 01:05:46,360 --> 01:05:49,040 Speaker 16: I've currently got one banjo student, but I've. 1401 01:05:48,880 --> 01:05:49,280 Speaker 1: Taught a for you. 1402 01:05:49,600 --> 01:05:50,560 Speaker 2: That'll be Who is it? 1403 01:05:50,800 --> 01:05:51,120 Speaker 16: Paula? 1404 01:05:51,440 --> 01:05:53,200 Speaker 2: So it's Paula's Paula any good. 1405 01:05:54,280 --> 01:05:56,120 Speaker 16: She's doing really well with her She's making a lot 1406 01:05:56,160 --> 01:05:56,640 Speaker 16: of progress. 1407 01:05:56,760 --> 01:05:56,960 Speaker 13: Good. 1408 01:05:57,360 --> 01:05:59,920 Speaker 2: That's fantastically again, good tonight. So you're a wonderful music 1409 01:06:00,040 --> 01:06:02,000 Speaker 2: she Paula loves you. Everybody loves you, and you bought 1410 01:06:02,040 --> 01:06:05,360 Speaker 2: in baking so God right. So number one on the 1411 01:06:05,440 --> 01:06:08,000 Speaker 2: hot shots is mirror hit me. 1412 01:06:12,640 --> 01:06:16,520 Speaker 18: I can see that you have already found a remplacement 1413 01:06:16,640 --> 01:06:22,480 Speaker 18: for me. Is she from the city and you're shoving 1414 01:06:22,640 --> 01:06:23,440 Speaker 18: her around? 1415 01:06:23,680 --> 01:06:24,280 Speaker 9: Stop up? 1416 01:06:24,840 --> 01:06:33,040 Speaker 22: And I even had a type, didn't think, God, mean 1417 01:06:34,080 --> 01:06:40,360 Speaker 22: what you mean? I bet she's into Disney, doesn't like Bisky. 1418 01:06:40,760 --> 01:06:46,080 Speaker 22: She's dressed a little nice little I don't know her. 1419 01:06:46,720 --> 01:06:48,600 Speaker 9: She don't know me, but. 1420 01:06:50,320 --> 01:06:52,080 Speaker 22: I think I've seen her before. 1421 01:06:52,840 --> 01:06:57,480 Speaker 18: That brunette dressed in red looks familiar. 1422 01:06:58,320 --> 01:06:59,480 Speaker 22: I think of seen her. 1423 01:07:00,040 --> 01:07:07,080 Speaker 18: I bet you'll think, out of all of the place, 1424 01:07:07,400 --> 01:07:11,480 Speaker 18: is that me meant to? And you'll act like it's 1425 01:07:11,560 --> 01:07:15,120 Speaker 18: brand new, and for a while it won't. 1426 01:07:14,920 --> 01:07:16,480 Speaker 22: Feel the daye of him. 1427 01:07:20,080 --> 01:07:23,120 Speaker 18: You said all your friends, she's so different from me, 1428 01:07:23,440 --> 01:07:28,680 Speaker 18: booming more similar the stranger should be. They'll call her 1429 01:07:28,840 --> 01:07:30,320 Speaker 18: my name, look in my. 1430 01:07:30,480 --> 01:07:36,040 Speaker 22: Picture, friend and leander how she's loved me. Don't let 1431 01:07:36,080 --> 01:07:41,240 Speaker 22: I don't know her, she don't know me, but I 1432 01:07:41,440 --> 01:07:42,920 Speaker 22: think I've seen her before. 1433 01:07:43,680 --> 01:07:48,360 Speaker 18: That the brunette dressedine red looks familiar. 1434 01:07:49,240 --> 01:07:50,400 Speaker 22: I think I've seen her. 1435 01:07:50,520 --> 01:08:03,760 Speaker 20: Re loove me, Bob, you're just nack On't burn me, baby. 1436 01:08:03,000 --> 01:08:09,560 Speaker 22: She's your idea of me dead. I couldn't Well, I 1437 01:08:09,680 --> 01:08:14,640 Speaker 22: don't know her and she don't know me, but I 1438 01:08:14,840 --> 01:08:16,400 Speaker 22: think i've seen her before. 1439 01:08:17,160 --> 01:08:21,800 Speaker 18: That brunet dressing bed looks familiar. 1440 01:08:22,640 --> 01:08:23,800 Speaker 22: I think I've seen her. 1441 01:08:23,920 --> 01:08:24,519 Speaker 9: Re loove you. 1442 01:08:25,520 --> 01:08:31,080 Speaker 22: I don't know she don't tell me, but I think 1443 01:08:31,120 --> 01:08:32,320 Speaker 22: I've seen her before. 1444 01:08:33,080 --> 01:08:37,680 Speaker 20: That burnet dressing bad looks familiar. 1445 01:08:38,520 --> 01:08:40,479 Speaker 22: I think I've seen her. Relove you. 1446 01:08:47,040 --> 01:08:48,879 Speaker 4: I know I've seen her before. 1447 01:08:50,479 --> 01:08:53,920 Speaker 2: Brilliant, well done. Congratulations on the album Mount Tomorrow, The 1448 01:08:54,000 --> 01:08:56,880 Speaker 2: Girl next Door, The Girl next Door, from which that 1449 01:08:57,080 --> 01:08:58,720 Speaker 2: is the single, because that's how it works these days, 1450 01:08:58,760 --> 01:09:00,600 Speaker 2: you release singles before the album come out. Now the 1451 01:09:00,640 --> 01:09:03,880 Speaker 2: show you've got to show on Saturday in Auckland. I 1452 01:09:03,920 --> 01:09:05,519 Speaker 2: will stick all that on a website. You're going to 1453 01:09:05,640 --> 01:09:09,439 Speaker 2: christch later in April and Wellington as well. So there's 1454 01:09:09,439 --> 01:09:11,720 Speaker 2: a two. There's the old and there's a single. Life 1455 01:09:11,760 --> 01:09:12,360 Speaker 2: seems good. 1456 01:09:12,280 --> 01:09:13,679 Speaker 16: Dinner, It's amazing at the moment. 1457 01:09:13,760 --> 01:09:16,120 Speaker 2: Yeah, good on you. Lovely to see you at last. 1458 01:09:16,439 --> 01:09:17,840 Speaker 22: Yes, thank you so much for having me. 1459 01:09:18,040 --> 01:09:19,880 Speaker 2: Jenny Smith. It's nineteen past eight. 1460 01:09:20,880 --> 01:09:24,920 Speaker 1: The mic Hosking Breakfast with a Vita Retirement Communities News, 1461 01:09:24,960 --> 01:09:25,559 Speaker 1: togs Head b. 1462 01:09:26,600 --> 01:09:28,360 Speaker 2: Now, if you're looking for a simple way to support 1463 01:09:28,400 --> 01:09:30,000 Speaker 2: your health every day, you can start with the two 1464 01:09:30,080 --> 01:09:33,160 Speaker 2: multi ingredient supplements from About Health. We've got the Lister's 1465 01:09:33,160 --> 01:09:36,200 Speaker 2: oil and we got the fabulous Element twelve magnesium. So 1466 01:09:36,320 --> 01:09:38,920 Speaker 2: they are designed to work together right to support your 1467 01:09:38,920 --> 01:09:41,080 Speaker 2: body from the inside out. So what's Listers do well, 1468 01:09:41,120 --> 01:09:44,040 Speaker 2: There's Listers delivers the high quality of Mega three fatty acids, 1469 01:09:44,479 --> 01:09:47,400 Speaker 2: so that helps support the normal heart health, the brain function, 1470 01:09:47,520 --> 01:09:50,040 Speaker 2: the circulation, the joint comfort. Then you got your element 1471 01:09:50,080 --> 01:09:53,200 Speaker 2: twelve magnesium that helps support the muscle relaxation, the nervous system, 1472 01:09:53,240 --> 01:09:56,040 Speaker 2: the health, the healthy sleep, the natural energy production. So 1473 01:09:56,120 --> 01:09:59,000 Speaker 2: that's a powerful daily combination to help your body state 1474 01:10:00,400 --> 01:10:03,920 Speaker 2: active and feeling at its best. And right now about 1475 01:10:04,000 --> 01:10:05,519 Speaker 2: health have got the Special Office, so they've got the 1476 01:10:05,560 --> 01:10:07,560 Speaker 2: two things going I've told you about. You've got if you, 1477 01:10:07,640 --> 01:10:09,719 Speaker 2: if you purchase you go and to win the fabulous 1478 01:10:09,760 --> 01:10:11,839 Speaker 2: four thousand dollars luxury trip to to Queenstown. 1479 01:10:11,960 --> 01:10:12,080 Speaker 15: Right. 1480 01:10:12,640 --> 01:10:15,160 Speaker 2: But the other thing is when you use the code Breakfast, 1481 01:10:15,520 --> 01:10:17,360 Speaker 2: they're going to give you a free one month supply 1482 01:10:17,520 --> 01:10:20,479 Speaker 2: of anxiet ease. So you've got to be into that. 1483 01:10:20,560 --> 01:10:22,720 Speaker 2: Oh eight hundred triple nine three h nine. Always read 1484 01:10:22,720 --> 01:10:25,000 Speaker 2: the label. Take only as directed, of course, and online 1485 01:10:25,000 --> 01:10:27,719 Speaker 2: if you want all the details at upout health dot 1486 01:10:27,920 --> 01:10:32,479 Speaker 2: co dot n z. Tasking Mike isn't my imagination, but 1487 01:10:32,560 --> 01:10:34,559 Speaker 2: all the singing artists you have on your show seem 1488 01:10:34,600 --> 01:10:37,000 Speaker 2: to be female, Chris, it is your imagination. It is 1489 01:10:37,040 --> 01:10:39,080 Speaker 2: simply not true. I'm thinking of what was his name 1490 01:10:39,560 --> 01:10:45,519 Speaker 2: was Cory Cayman, who yeah, courty Ken. He wasn't a female, 1491 01:10:45,640 --> 01:10:45,800 Speaker 2: was he? 1492 01:10:46,040 --> 01:10:46,080 Speaker 7: No? 1493 01:10:47,280 --> 01:10:53,799 Speaker 2: John Mayer, I remember Luke Colmes, I remember no females 1494 01:10:53,840 --> 01:10:58,240 Speaker 2: there By the way, the campaign already and although the 1495 01:10:58,320 --> 01:11:00,639 Speaker 2: campaign hasn't really begun, the election care paign of twenty 1496 01:11:00,720 --> 01:11:04,599 Speaker 2: twenty six, I can see where this is going. Things 1497 01:11:05,600 --> 01:11:06,519 Speaker 2: are going to get ugly. 1498 01:11:06,880 --> 01:11:10,000 Speaker 24: So this election year, we not only are asking people 1499 01:11:10,120 --> 01:11:13,599 Speaker 24: obviously for their votes, but we are also reminding people 1500 01:11:13,760 --> 01:11:18,000 Speaker 24: of their power, because politics belongs to those who turn up. 1501 01:11:18,600 --> 01:11:22,200 Speaker 24: And we would just remind all of those renters across 1502 01:11:22,280 --> 01:11:26,919 Speaker 24: Altiero on New Zealand. Your landlord is voting, your employer 1503 01:11:27,000 --> 01:11:31,000 Speaker 24: is voting, my costing is voting, so you better be too. 1504 01:11:33,040 --> 01:11:38,400 Speaker 2: She's got a thing for me, hasn't she, Erica, And 1505 01:11:38,520 --> 01:11:42,439 Speaker 2: she's correct, though, to be fair, I am voting, and 1506 01:11:42,560 --> 01:11:47,679 Speaker 2: I know who I'm voting for, Chloe. Now, mortgages, things 1507 01:11:47,720 --> 01:11:50,439 Speaker 2: aren't looking good. I'm afraid to tell you. The mortgages 1508 01:11:50,439 --> 01:11:52,360 Speaker 2: are going in the wrong way. I don't know if 1509 01:11:52,400 --> 01:11:55,559 Speaker 2: they're going to rectify. What's happening internationally is of course, 1510 01:11:55,640 --> 01:11:57,880 Speaker 2: money's getting more expensive. It's not good for the country 1511 01:11:57,920 --> 01:11:59,920 Speaker 2: because we are a fortune and the cost of ent 1512 01:12:00,600 --> 01:12:03,439 Speaker 2: is going up and up and up. Hence we couldn't 1513 01:12:03,439 --> 01:12:05,200 Speaker 2: hand out more money than we were going to yesterday. 1514 01:12:05,240 --> 01:12:07,000 Speaker 2: One of the questions I forget to ask Nicola Willis 1515 01:12:07,040 --> 01:12:09,559 Speaker 2: when she was on the program yesterday, is if things 1516 01:12:09,640 --> 01:12:13,240 Speaker 2: were materially different, if you didn't inherit a broken country 1517 01:12:13,400 --> 01:12:16,600 Speaker 2: with a skyrocketing debt and ridiculous inflation and all the 1518 01:12:17,320 --> 01:12:20,519 Speaker 2: accouterments that went with it, would you have done something 1519 01:12:20,600 --> 01:12:24,360 Speaker 2: materially different in terms of helping New Zealanders. Because I 1520 01:12:24,600 --> 01:12:27,360 Speaker 2: was right, as much as it pains me to say so, 1521 01:12:27,560 --> 01:12:29,519 Speaker 2: a couple of days earlier when I said there's no 1522 01:12:29,640 --> 01:12:32,880 Speaker 2: winning on this one. For whatever you do, no one's 1523 01:12:32,880 --> 01:12:34,640 Speaker 2: going to be grateful, and there's going to be a 1524 01:12:34,640 --> 01:12:36,519 Speaker 2: long line of people going what about me, what about me? 1525 01:12:36,600 --> 01:12:38,519 Speaker 2: And what about me? Because that's the sort of country 1526 01:12:38,600 --> 01:12:41,599 Speaker 2: unfortunately we are. So would it have been materially different 1527 01:12:41,680 --> 01:12:43,600 Speaker 2: if she had the wherewithal to do it? Anyway? One 1528 01:12:43,600 --> 01:12:45,439 Speaker 2: of the artworkings of all of this is money's getting 1529 01:12:45,439 --> 01:12:48,160 Speaker 2: a bit tight around the world, and so being z 1530 01:12:48,640 --> 01:12:50,840 Speaker 2: yesterday as the latest, they're going up ten points, which 1531 01:12:50,880 --> 01:12:53,000 Speaker 2: isn't a mutt, but if you are a lot, it's 1532 01:12:53,160 --> 01:12:55,800 Speaker 2: you know, it's something to think about one year out 1533 01:12:55,800 --> 01:12:58,680 Speaker 2: four five nine, eighteen at four seven nine, four year 1534 01:12:58,680 --> 01:13:01,439 Speaker 2: at five five nine, and five years at five seven nine. 1535 01:13:01,520 --> 01:13:05,439 Speaker 2: So you're getting longer term money's heading towards six, which, 1536 01:13:05,479 --> 01:13:08,479 Speaker 2: if you want a glass half full scenario, is not America. 1537 01:13:08,960 --> 01:13:11,800 Speaker 2: In America you're playing well in excess of six for 1538 01:13:11,920 --> 01:13:15,000 Speaker 2: thirty years. Britain's up there as well. Certainly Australia is 1539 01:13:15,040 --> 01:13:17,679 Speaker 2: not going particularly well with their inflation numbers at the moment. Bing' 1540 01:13:17,720 --> 01:13:21,160 Speaker 2: zi kiwibank four eight nine two years the best in 1541 01:13:21,240 --> 01:13:24,280 Speaker 2: the market most competitive eighteen months is asb's four to 1542 01:13:24,360 --> 01:13:28,640 Speaker 2: seven five b and z's four seven nine. Bing's in 1543 01:13:28,800 --> 01:13:31,400 Speaker 2: Westpac for longer money at five two nine for three 1544 01:13:31,520 --> 01:13:33,559 Speaker 2: years and Westpac cheapest of the four year rates at 1545 01:13:33,600 --> 01:13:35,760 Speaker 2: five three nine. Five year terms at Westpac five five 1546 01:13:35,880 --> 01:13:40,240 Speaker 2: nine and am z's six one nine. So what do 1547 01:13:40,320 --> 01:13:42,040 Speaker 2: you do at the moment day for a while there 1548 01:13:42,560 --> 01:13:44,600 Speaker 2: the bottom. What we do know for a factor is 1549 01:13:44,640 --> 01:13:47,360 Speaker 2: the bottom has most definitely been reached and it's on 1550 01:13:47,520 --> 01:13:51,880 Speaker 2: the way up unfortunately. So maybe you lock in. I mean, 1551 01:13:51,920 --> 01:13:53,559 Speaker 2: I'm not giving your advice to do whatever you want, 1552 01:13:53,600 --> 01:13:56,280 Speaker 2: but you know, at the end of the day poll 1553 01:13:56,320 --> 01:13:58,400 Speaker 2: out in Britain this morning. I can tell you about 1554 01:13:58,479 --> 01:14:02,120 Speaker 2: rod shortly. So the Welsh elections are coming up in May, 1555 01:14:02,240 --> 01:14:06,600 Speaker 2: early part of May. Labour and Our third. This is 1556 01:14:06,680 --> 01:14:09,400 Speaker 2: a country or a part of the United Kingdom that 1557 01:14:09,479 --> 01:14:14,080 Speaker 2: they've controlled with alacrity for one hundred years. They're now third. 1558 01:14:14,760 --> 01:14:18,880 Speaker 2: They're behind Plaid Cumery which is the local party of course, 1559 01:14:18,920 --> 01:14:21,679 Speaker 2: and Reform. We don't seem to do particularly well in Wales, 1560 01:14:21,760 --> 01:14:24,360 Speaker 2: but in certain electorates they are suggesting the Labor Party 1561 01:14:24,439 --> 01:14:27,240 Speaker 2: might in fact be fourth. Played at this point will 1562 01:14:27,439 --> 01:14:30,040 Speaker 2: be the largest party in Wales. They'll get forty three 1563 01:14:30,120 --> 01:14:32,640 Speaker 2: seats they think, out of the ninety six in the 1564 01:14:32,680 --> 01:14:37,840 Speaker 2: Welsh Parliament. That's a minority. But the Plaid Comeries, the 1565 01:14:37,920 --> 01:14:41,280 Speaker 2: Plaid coomeryes, they go, we're going to go minority. Very Crusipkins, 1566 01:14:41,320 --> 01:14:43,800 Speaker 2: isn't it. We're going to go minority. We could do 1567 01:14:43,920 --> 01:14:46,120 Speaker 2: business with the Greens, but we may or may not. 1568 01:14:46,320 --> 01:14:48,040 Speaker 2: But if we can't do business with the Greens, we're 1569 01:14:48,040 --> 01:14:50,560 Speaker 2: going to run Wales by ourselves as a minority. So 1570 01:14:50,680 --> 01:14:52,800 Speaker 2: anyway that in other matters with Roden, just a couple 1571 01:14:52,840 --> 01:14:54,200 Speaker 2: of moments here are news talks. 1572 01:14:54,240 --> 01:15:09,840 Speaker 1: They've been with the new systems, opinionated, informed, unapologetic, the 1573 01:15:10,040 --> 01:15:14,639 Speaker 1: mic asking, breakfast with a Vita, retirement, communities, life your way, 1574 01:15:14,800 --> 01:15:15,719 Speaker 1: news talks, head. 1575 01:15:15,600 --> 01:15:19,519 Speaker 2: Be Who do I blame im? Just trying to work 1576 01:15:19,520 --> 01:15:23,680 Speaker 2: out who I blame for this? So Imeraken Judge, we 1577 01:15:23,840 --> 01:15:26,280 Speaker 2: covered it quite substantially at the time, number of weeks ago, 1578 01:15:26,400 --> 01:15:29,160 Speaker 2: fundly enough, just yesterday afternoon, I was thinking, whatever happened 1579 01:15:29,160 --> 01:15:32,479 Speaker 2: to this case? So the Amerakan judge, she's a Northern 1580 01:15:32,520 --> 01:15:36,040 Speaker 2: club Winston Peters. She pops ahead and she yellow dress. 1581 01:15:36,080 --> 01:15:39,680 Speaker 2: Yeow dress, dont forget yellow dress, yellow dress, fetching, look beautiful. 1582 01:15:40,160 --> 01:15:43,639 Speaker 2: That was the New Zealand first super important, very very good, 1583 01:15:43,720 --> 01:15:46,960 Speaker 2: beautiful dress. She came into the room radiant, fabulous. That 1584 01:15:47,040 --> 01:15:49,799 Speaker 2: came from the New Zealand first Witness, not Casey Costello, 1585 01:15:49,840 --> 01:15:52,120 Speaker 2: but the other mind of the New Zealand first minder. 1586 01:15:52,880 --> 01:15:54,880 Speaker 2: She may or may not have yelled at Winston Peter's. 1587 01:15:54,920 --> 01:15:57,560 Speaker 2: She may or may not have recognized Winston Peters. She 1588 01:15:57,720 --> 01:15:59,679 Speaker 2: may or may not have had two glasses of champagne. 1589 01:16:00,160 --> 01:16:02,960 Speaker 2: Doctor was a celebrity doctor. There was a celebratory doctor 1590 01:16:03,479 --> 01:16:06,040 Speaker 2: who was her partner in the room. Next door there 1591 01:16:06,160 --> 01:16:10,920 Speaker 2: was the KC clearly several sheets to the wind who 1592 01:16:11,160 --> 01:16:14,200 Speaker 2: was filmed later going don't you come to host me 1593 01:16:14,320 --> 01:16:15,400 Speaker 2: because I'll sue you. 1594 01:16:15,800 --> 01:16:19,200 Speaker 4: This is late last season. It is on the judge. 1595 01:16:19,479 --> 01:16:23,439 Speaker 2: Anyway, we come to the bill this morning, which hasn't 1596 01:16:23,520 --> 01:16:25,679 Speaker 2: quite been settled, but it's sitting at about a million 1597 01:16:25,760 --> 01:16:28,120 Speaker 2: dollars in counting. So let me come back to who 1598 01:16:28,160 --> 01:16:29,320 Speaker 2: I blame for this in a moment. 1599 01:16:29,400 --> 01:16:33,160 Speaker 9: Twenty two to nine International correspondence with ins Inn Eye 1600 01:16:33,240 --> 01:16:35,520 Speaker 9: Insurance Peace of Mind for New Zealand. 1601 01:16:35,240 --> 01:16:39,639 Speaker 2: Business Willis and Britain. Roderick, good morning, Good morning. 1602 01:16:39,760 --> 01:16:43,240 Speaker 11: I have to say this to you first. It was 1603 01:16:43,320 --> 01:16:45,679 Speaker 11: difficult for me to get in touch with you because 1604 01:16:45,760 --> 01:16:49,599 Speaker 11: my phone has decided to update itself and won't accept 1605 01:16:49,640 --> 01:16:53,920 Speaker 11: any incoming calls. Listen, listen, this is what will happen 1606 01:16:54,000 --> 01:16:57,640 Speaker 11: with AI. It's one take over the world. It'll just 1607 01:16:57,840 --> 01:17:01,200 Speaker 11: tell you to get stuffed. It does what it wants 1608 01:17:01,280 --> 01:17:01,479 Speaker 11: to do. 1609 01:17:01,880 --> 01:17:04,479 Speaker 2: That's how it works. Well, welcome to the on Moby 1610 01:17:04,520 --> 01:17:08,519 Speaker 2: World technology. Hey, what is what is Reeb's going to do? 1611 01:17:08,640 --> 01:17:08,760 Speaker 1: By? 1612 01:17:08,840 --> 01:17:11,599 Speaker 2: Why have we've got some relief in the last couple 1613 01:17:11,680 --> 01:17:14,200 Speaker 2: of days working for families as a system we have. 1614 01:17:14,680 --> 01:17:16,599 Speaker 2: If you're a low income owner with a couple of kids, 1615 01:17:16,640 --> 01:17:18,360 Speaker 2: you get fifty dollars a week for the next year 1616 01:17:18,439 --> 01:17:21,599 Speaker 2: until ninety one pittrel goes below three dollars a liter 1617 01:17:21,720 --> 01:17:23,639 Speaker 2: for four weeks in a row. So that's what we've done. 1618 01:17:23,720 --> 01:17:24,559 Speaker 22: What are you doing. 1619 01:17:26,200 --> 01:17:29,720 Speaker 11: If you're earning anything, you're stuffed. Basically, this is a 1620 01:17:29,800 --> 01:17:34,840 Speaker 11: bailout of benefits claimants only, and that is the thing. 1621 01:17:35,200 --> 01:17:37,920 Speaker 11: And now it kind of makes sense, which is a 1622 01:17:38,080 --> 01:17:42,679 Speaker 11: benefit claimants are the least renewitity people in the country. 1623 01:17:43,520 --> 01:17:47,280 Speaker 11: But it just exascerbates that huge problem that labor has, 1624 01:17:47,800 --> 01:17:52,200 Speaker 11: which is that benefits claimants get the NOD and the 1625 01:17:52,320 --> 01:17:55,240 Speaker 11: people who do the right thing and work hard and 1626 01:17:55,439 --> 01:17:57,560 Speaker 11: go out every day and stop it cuts out for 1627 01:17:57,920 --> 01:18:00,680 Speaker 11: twenty eight grand a year don't get any thing, and 1628 01:18:00,880 --> 01:18:02,920 Speaker 11: that will be a huge problem for them. 1629 01:18:03,400 --> 01:18:04,960 Speaker 2: Is part of it, and it was part of it 1630 01:18:05,040 --> 01:18:08,160 Speaker 2: for us. Is they're constrained by the fact they owe 1631 01:18:08,200 --> 01:18:11,720 Speaker 2: so much money they can't afford to Basically, there's no dough. 1632 01:18:13,600 --> 01:18:16,720 Speaker 11: There's no dough. But if there is, or at least 1633 01:18:16,920 --> 01:18:21,360 Speaker 11: very little dough, and that which they put aside, you 1634 01:18:21,640 --> 01:18:24,439 Speaker 11: might think that they would think of the people who 1635 01:18:24,520 --> 01:18:27,960 Speaker 11: are trying to do the right thing and who go 1636 01:18:28,120 --> 01:18:30,960 Speaker 11: out to work to provide for their families and they'll 1637 01:18:31,000 --> 01:18:35,200 Speaker 11: get nothing. And it's just this stark divide we have 1638 01:18:35,320 --> 01:18:39,400 Speaker 11: in Britain at the moment between this massive and growing 1639 01:18:39,520 --> 01:18:43,040 Speaker 11: welfare bill of people who are either claiming depression or 1640 01:18:43,120 --> 01:18:48,640 Speaker 11: anxiety or ADHD and are living off the state and 1641 01:18:48,760 --> 01:18:53,120 Speaker 11: getting much more than people who are in entry level 1642 01:18:53,200 --> 01:18:59,120 Speaker 11: jobs in you know, fairly horrible warehouse jobs, and the 1643 01:18:59,200 --> 01:19:04,519 Speaker 11: cold calling and so it is a massive problem. I 1644 01:19:04,560 --> 01:19:07,360 Speaker 11: don't think anyone's really grasped how big it is yet. 1645 01:19:07,960 --> 01:19:10,040 Speaker 2: Not entry level, But what are the doctors going on 1646 01:19:10,120 --> 01:19:13,639 Speaker 2: strike for more money? I'm assuming Yeah, that's right. 1647 01:19:13,680 --> 01:19:17,240 Speaker 11: Yeah, Normaley. It's another problem which the kear Starmer wouldn't 1648 01:19:17,240 --> 01:19:20,480 Speaker 11: have wanted to have, given that he's got wet Streeting 1649 01:19:20,800 --> 01:19:25,040 Speaker 11: as you know, a perfect competent health secretary and who 1650 01:19:25,120 --> 01:19:27,479 Speaker 11: we thought had one this battle over the doctors. They're 1651 01:19:27,520 --> 01:19:30,439 Speaker 11: going on strike again next month April the seventh, just 1652 01:19:30,560 --> 01:19:34,320 Speaker 11: after Easter. They have risen. You know, they're going to 1653 01:19:34,400 --> 01:19:37,880 Speaker 11: be out for six days and it will cause it 1654 01:19:38,040 --> 01:19:40,680 Speaker 11: will it's not the worst time of the year to 1655 01:19:40,720 --> 01:19:44,240 Speaker 11: go on strike. It's it's it's probably not going to 1656 01:19:44,320 --> 01:19:48,519 Speaker 11: cripple the country, but it's just another indication that this 1657 01:19:48,680 --> 01:19:52,320 Speaker 11: government isn't succeeding in doing even what it's said it 1658 01:19:52,400 --> 01:19:55,880 Speaker 11: would do easily within the first three months of taking office. 1659 01:19:56,280 --> 01:19:58,639 Speaker 2: I gave just before the news, I gave out a poll. 1660 01:19:58,680 --> 01:20:01,000 Speaker 2: There's a Welsh poll out you go or not, you guys, 1661 01:20:01,080 --> 01:20:04,679 Speaker 2: but the Welsh advising in May and labor accounting. Third, 1662 01:20:05,120 --> 01:20:09,640 Speaker 2: if the election nationally wasn't so far away, would the 1663 01:20:09,720 --> 01:20:12,720 Speaker 2: government be in meltdown given the current standing and the 1664 01:20:12,800 --> 01:20:14,760 Speaker 2: polls and their general predicament. 1665 01:20:16,160 --> 01:20:19,920 Speaker 11: Kind of, But it's slightly more complex than that because 1666 01:20:21,960 --> 01:20:24,400 Speaker 11: in a general election there would be all these people 1667 01:20:24,479 --> 01:20:26,679 Speaker 11: who wish to vote for Nigel Faraj in the Reform 1668 01:20:26,880 --> 01:20:32,200 Speaker 11: UK Party and then matched against that, and it's difficult 1669 01:20:32,240 --> 01:20:34,080 Speaker 11: to know how it would happen. In a general election. 1670 01:20:34,439 --> 01:20:37,479 Speaker 11: There would be an enormous convocation of people who would 1671 01:20:37,600 --> 01:20:42,960 Speaker 11: vote for anyone, even me Mike against Nauta Farage. And 1672 01:20:43,280 --> 01:20:46,560 Speaker 11: it's the anti Farage vote which is beginning to determine 1673 01:20:46,840 --> 01:20:50,479 Speaker 11: what will happen at the next election. But no mistake 1674 01:20:50,560 --> 01:20:54,479 Speaker 11: about it. The next the council elections in May reform 1675 01:20:54,560 --> 01:20:57,240 Speaker 11: will make loads and loads of gains, so I think 1676 01:20:57,280 --> 01:21:00,880 Speaker 11: were the Greens. Incidentally, another poll she may not have seen, 1677 01:21:01,280 --> 01:21:06,280 Speaker 11: which is at thirty eight percent of Green supporters feel 1678 01:21:06,320 --> 01:21:09,639 Speaker 11: a sympathy for the Aya Toller Okay. 1679 01:21:10,160 --> 01:21:11,880 Speaker 2: In the early hours of this morning when I arrived 1680 01:21:11,880 --> 01:21:14,680 Speaker 2: about three o'clock, I was watching the archbishop being I 1681 01:21:14,760 --> 01:21:16,879 Speaker 2: had to look up the word is an archbishop anointed 1682 01:21:17,000 --> 01:21:20,320 Speaker 2: or appointed and the answers appointed. So she was getting appointed. 1683 01:21:20,520 --> 01:21:23,120 Speaker 2: Yet she was she is she going to be transformers 1684 01:21:23,200 --> 01:21:24,559 Speaker 2: that just changed the face of the church. 1685 01:21:26,040 --> 01:21:29,879 Speaker 11: Not in a million years. She is an exact despite 1686 01:21:29,920 --> 01:21:32,000 Speaker 11: being of a different gender for the first time in 1687 01:21:32,280 --> 01:21:36,240 Speaker 11: what what is it, a thousand years? She is exactly 1688 01:21:36,320 --> 01:21:39,280 Speaker 11: the same as the people have come before. Someone whose 1689 01:21:39,400 --> 01:21:41,720 Speaker 11: first comment was to say, I've got to stamp out 1690 01:21:41,800 --> 01:21:45,880 Speaker 11: sexism in the church. Now, your job, Sarah Molalley, who 1691 01:21:46,000 --> 01:21:49,040 Speaker 11: is the new archbishop, is to try to inculcate the 1692 01:21:49,160 --> 01:21:54,200 Speaker 11: values of Jesus Christ a must your congregation' that's your job. 1693 01:21:54,720 --> 01:21:58,080 Speaker 11: It's not to stamp out sexism or to make sure 1694 01:21:58,120 --> 01:22:00,880 Speaker 11: that transgender people have equal right. It's to do that. 1695 01:22:01,640 --> 01:22:04,679 Speaker 11: And so it's more of the same middle class left 1696 01:22:04,760 --> 01:22:08,400 Speaker 11: dish and pretty much as tame. Actually this is a 1697 01:22:08,479 --> 01:22:13,880 Speaker 11: new director general of the BBS ah yes, the same day. 1698 01:22:14,000 --> 01:22:17,080 Speaker 11: This is Matt written from Google who's also left Dish 1699 01:22:17,840 --> 01:22:24,599 Speaker 11: and I just think our institutions are lagging way behind 1700 01:22:25,160 --> 01:22:27,519 Speaker 11: where the political parties are at at the moment, because 1701 01:22:27,560 --> 01:22:29,200 Speaker 11: even Labours dropped all this stuff. 1702 01:22:29,560 --> 01:22:31,360 Speaker 2: Good to see you, mate, good luck with the pine 1703 01:22:31,439 --> 01:22:33,960 Speaker 2: up dight and we'll catch up with you on Tuesday. Yeah, 1704 01:22:34,040 --> 01:22:37,040 Speaker 2: Met Britain, Rod Little, Met Britain's been confirmed. Are they've 1705 01:22:37,080 --> 01:22:38,880 Speaker 2: risched two men by the way, they think there's a third. 1706 01:22:38,920 --> 01:22:40,800 Speaker 2: There was a third on the CCTV. This is the 1707 01:22:41,040 --> 01:22:44,120 Speaker 2: Jewish ambulance attack that we were talking with Rod about 1708 01:22:44,160 --> 01:22:47,360 Speaker 2: on Tuesday. So they've got two men overnight. One's forty seven, 1709 01:22:47,400 --> 01:22:50,400 Speaker 2: gotam in Northwest London. One's forty five Godom and Central London. 1710 01:22:50,520 --> 01:22:54,080 Speaker 2: Both are British nationals. They're aware of a third so 1711 01:22:54,200 --> 01:22:56,960 Speaker 2: they're trying to track him down in a sort of 1712 01:22:57,040 --> 01:22:59,160 Speaker 2: the interest of this country. As I was still Ryan 1713 01:22:59,240 --> 01:23:02,800 Speaker 2: earlier on the Small they voted the other day in 1714 01:23:02,840 --> 01:23:06,519 Speaker 2: Britain not to ban kids from social media. So there's 1715 01:23:06,520 --> 01:23:09,679 Speaker 2: a thing moving started in Australia, gone to den Mark, France, etc. 1716 01:23:10,040 --> 01:23:13,000 Speaker 2: We're looking at it. In Britain they decided not to 1717 01:23:13,120 --> 01:23:15,439 Speaker 2: do it. But what they are doing and it will 1718 01:23:15,479 --> 01:23:19,160 Speaker 2: runs alongside government consultation. It will be led by the government. 1719 01:23:19,560 --> 01:23:22,719 Speaker 2: Three hundred teams involved will have their social apps disabled 1720 01:23:22,880 --> 01:23:26,599 Speaker 2: entirely or blocked overnight or capped to one hour's use, 1721 01:23:27,080 --> 01:23:29,040 Speaker 2: alongside a bunch of teams who will just carry on 1722 01:23:29,120 --> 01:23:32,040 Speaker 2: as per normal. So this is a pilot. At the 1723 01:23:32,120 --> 01:23:33,800 Speaker 2: end of the pilot, the children and the parents will 1724 01:23:33,840 --> 01:23:37,800 Speaker 2: be spoken to get some feedback that runs until the 1725 01:23:37,880 --> 01:23:41,599 Speaker 2: end of May, and they will make a decision from there. 1726 01:23:42,160 --> 01:23:44,800 Speaker 2: So some are acting, some are doing a pilot. A 1727 01:23:45,000 --> 01:23:45,679 Speaker 2: forty five. 1728 01:23:47,320 --> 01:23:51,719 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 1729 01:23:51,760 --> 01:23:52,799 Speaker 1: by News Talks at. 1730 01:23:52,680 --> 01:23:57,599 Speaker 2: B Yes, Emma Aiken. So we've got a million dollars 1731 01:23:57,640 --> 01:23:59,640 Speaker 2: worth of legal bills at this particular point in time, 1732 01:23:59,680 --> 01:24:01,400 Speaker 2: and we've got no What I was thinking earlier on 1733 01:24:02,040 --> 01:24:05,479 Speaker 2: was to myself quietly as I prepared myself for the 1734 01:24:05,560 --> 01:24:09,120 Speaker 2: day in my on suite, was if I was listening 1735 01:24:09,200 --> 01:24:12,040 Speaker 2: to this I was on the panel, I will have 1736 01:24:12,120 --> 01:24:13,640 Speaker 2: made up my mind by the end of it. Like 1737 01:24:13,720 --> 01:24:15,720 Speaker 2: I board it everybody, I'm thinking what am I going 1738 01:24:15,760 --> 01:24:17,280 Speaker 2: to do with this? And I'm assuming this would be 1739 01:24:17,360 --> 01:24:20,080 Speaker 2: relatively quick. We'd get together with the other panel members 1740 01:24:20,120 --> 01:24:21,720 Speaker 2: and I go, well, I heard this, and therefore as 1741 01:24:21,760 --> 01:24:23,639 Speaker 2: a result of that, I think this, what do you reckon? 1742 01:24:23,720 --> 01:24:25,840 Speaker 2: And they'll do it and then we'd massage something together 1743 01:24:25,880 --> 01:24:29,400 Speaker 2: and come out with a decision. Anyway, that hasn't happened yet. 1744 01:24:29,439 --> 01:24:31,439 Speaker 2: So one million dollars by the Ministry of Justice and 1745 01:24:31,520 --> 01:24:35,920 Speaker 2: Crown Law on the Judicial Conduct Panel as of mid 1746 01:24:36,000 --> 01:24:38,120 Speaker 2: March five hundred and four thousand, but over five hundred 1747 01:24:38,120 --> 01:24:40,200 Speaker 2: and four thousand of that. Three hundred and sixty two 1748 01:24:40,200 --> 01:24:42,840 Speaker 2: thousand went on the judges' legal costs, one hundred and 1749 01:24:42,840 --> 01:24:45,400 Speaker 2: twelve thousand on the panel members fees, travel, accommodation and 1750 01:24:45,479 --> 01:24:49,160 Speaker 2: it support. Under Section twenty seven Brackets two of the 1751 01:24:49,320 --> 01:24:53,880 Speaker 2: Judicial Conduct Commissioner and Judicial Conduct Panel Act of two 1752 01:24:53,880 --> 01:24:57,360 Speaker 2: thousand and four, reasonable costs of representation in respect of 1753 01:24:57,360 --> 01:24:59,519 Speaker 2: the inquiry must be met by the Office of the Commissioner. 1754 01:25:00,200 --> 01:25:03,160 Speaker 2: So in the Good Judge's case, three hundred and sixty 1755 01:25:03,160 --> 01:25:08,920 Speaker 2: two thousand dollars Crown Law Senior Crown Council as funding 1756 01:25:09,000 --> 01:25:11,600 Speaker 2: the professional fees and disbursements of the special Council, and 1757 01:25:11,640 --> 01:25:14,080 Speaker 2: the council assisting and the research assistance. We've got to bill. 1758 01:25:14,120 --> 01:25:15,960 Speaker 2: There are four hundred and twelve thousand dollars or four 1759 01:25:16,080 --> 01:25:18,920 Speaker 2: hundred and ten thousand dollars traveling accommodation currently sitting at 1760 01:25:18,920 --> 01:25:20,760 Speaker 2: eleven and a bit thousand dollars. You add all that together, 1761 01:25:20,760 --> 01:25:23,920 Speaker 2: you've got a million dollars in counting. So I've decided 1762 01:25:23,920 --> 01:25:28,519 Speaker 2: I'm blaming New Zealand first because what she did, Judge Akin, 1763 01:25:28,840 --> 01:25:31,960 Speaker 2: is unbecoming. It's certainly not a sackable offense. In my 1764 01:25:32,040 --> 01:25:35,479 Speaker 2: humble opinion, It's something she shouldn't have done, and she 1765 01:25:35,560 --> 01:25:37,680 Speaker 2: should have kept her sticky beak out of it and 1766 01:25:37,760 --> 01:25:41,640 Speaker 2: simply carried on to her function. Equally, if I was 1767 01:25:41,720 --> 01:25:43,720 Speaker 2: in the room with New Zealand first, I wouldn't have 1768 01:25:43,880 --> 01:25:47,360 Speaker 2: elevated it as it was to Judith Collins, who then 1769 01:25:47,439 --> 01:25:50,000 Speaker 2: elevated it to the people, who then elevated it to 1770 01:25:50,080 --> 01:25:52,200 Speaker 2: the panel. Hence we're a million dollars down the drain 1771 01:25:52,320 --> 01:25:55,240 Speaker 2: for what really I mean, If what I'm right, if 1772 01:25:55,280 --> 01:25:57,719 Speaker 2: I'm right in saying that she's going to not get sacked, 1773 01:25:57,720 --> 01:26:00,360 Speaker 2: which I don't think she will or should, then what 1774 01:26:00,640 --> 01:26:04,559 Speaker 2: have we achieved he said, she said, never the twain 1775 01:26:04,640 --> 01:26:07,600 Speaker 2: shall meet. She wore a nice yellow dress. There was 1776 01:26:07,640 --> 01:26:11,439 Speaker 2: a pissed case KC. Her husband's a celebrity doctor. And 1777 01:26:11,560 --> 01:26:13,880 Speaker 2: we were moderately entertained on this program for about three 1778 01:26:13,920 --> 01:26:14,360 Speaker 2: or four days. 1779 01:26:14,400 --> 01:26:18,400 Speaker 23: Yeah, so quite a lot of content, great content. I mean, 1780 01:26:18,400 --> 01:26:22,320 Speaker 23: if we're charging that out at at an hourly rate. 1781 01:26:22,760 --> 01:26:26,200 Speaker 2: How how many days was I entertained for? It's three 1782 01:26:26,280 --> 01:26:27,559 Speaker 2: or four? Wasn't it was at least four? 1783 01:26:29,760 --> 01:26:31,080 Speaker 4: Well, went over a couple of weeks. 1784 01:26:31,240 --> 01:26:33,160 Speaker 2: Yeah, I know, but but I didn't get interested into 1785 01:26:33,200 --> 01:26:35,639 Speaker 2: the latter part. So let's let's say six or seven days. 1786 01:26:35,680 --> 01:26:38,200 Speaker 2: I saw one hundred thousand dollars a day, ebbs easily 1787 01:26:38,400 --> 01:26:40,360 Speaker 2: in front of how many people listen to the show, five, six, 1788 01:26:40,360 --> 01:26:42,320 Speaker 2: seven hundred thousand. It's like a bucket person. 1789 01:26:42,880 --> 01:26:45,240 Speaker 4: I mean, you think about what your hourly raiders alone. 1790 01:26:45,400 --> 01:26:45,880 Speaker 2: That's true. 1791 01:26:46,000 --> 01:26:46,800 Speaker 4: Am I onto it? 1792 01:26:46,960 --> 01:26:50,120 Speaker 2: Yeah? But I'm quality? I mean, was that quality? It 1793 01:26:50,240 --> 01:26:52,639 Speaker 2: was moderately entertained? Anyway, we'll see. Well, all I want 1794 01:26:52,680 --> 01:26:55,080 Speaker 2: now is for them to make a decision, and then 1795 01:26:55,160 --> 01:26:58,400 Speaker 2: the next question is can it be appealed? Give me 1796 01:26:58,520 --> 01:27:00,719 Speaker 2: that answer. Go to the research department, give me that answer. 1797 01:27:00,760 --> 01:27:01,880 Speaker 2: Nine minutes away from nine. 1798 01:27:02,280 --> 01:27:06,280 Speaker 1: The Mihocking Breakfast with Ranger of a sport, SV News 1799 01:27:06,360 --> 01:27:06,920 Speaker 1: togs dead V. 1800 01:27:07,479 --> 01:27:09,880 Speaker 2: Research department fail. They can't get an answer. I don't 1801 01:27:09,880 --> 01:27:14,320 Speaker 2: know why. How does ask Grock groc can if if 1802 01:27:14,439 --> 01:27:24,280 Speaker 2: Judge Akin loses her case, can she appeal? Research? The 1803 01:27:24,439 --> 01:27:28,080 Speaker 2: jobs produce? This job has never been easier since Ai 1804 01:27:28,240 --> 01:27:31,840 Speaker 2: R I've never been easier. If Judge Akin loses, can 1805 01:27:31,960 --> 01:27:34,840 Speaker 2: she appeal? Simple question? Is it ironic or is it 1806 01:27:35,000 --> 01:27:37,719 Speaker 2: just me that while we all fixate on the price 1807 01:27:37,760 --> 01:27:39,479 Speaker 2: of petrol and the Middle East and the strait of 1808 01:27:39,520 --> 01:27:42,120 Speaker 2: her moves, we've completely forgotten about Gaza. Of course, by 1809 01:27:42,160 --> 01:27:44,360 Speaker 2: the way, Iran's going to end up the same as Gaza. 1810 01:27:44,880 --> 01:27:46,840 Speaker 2: They're going to declare a ses fire. Whether or not 1811 01:27:46,960 --> 01:27:49,240 Speaker 2: that actually happens or not, everyone moves on right. Am 1812 01:27:49,280 --> 01:27:51,040 Speaker 2: I right about Gaza? Or am I right about Garza? 1813 01:27:51,120 --> 01:27:52,519 Speaker 2: No one knows what's going on, and Gaza no one 1814 01:27:52,600 --> 01:27:54,960 Speaker 2: cares the clear far that was the end of that. 1815 01:27:55,160 --> 01:27:57,160 Speaker 2: Same will happen with Iran. And yet overnight there were 1816 01:27:57,200 --> 01:27:59,719 Speaker 2: nine hundred and forty eight drone attacks on Ukraine by Russia, 1817 01:28:00,479 --> 01:28:04,759 Speaker 2: and that was the biggest attack period in five years 1818 01:28:04,800 --> 01:28:08,720 Speaker 2: of war and it barely got mentioned five minutes away 1819 01:28:08,720 --> 01:28:09,120 Speaker 2: from nine. 1820 01:28:09,800 --> 01:28:13,679 Speaker 1: Trending now with themis Walouse from your home of Sports 1821 01:28:13,760 --> 01:28:14,360 Speaker 1: and Nutrition. 1822 01:28:15,120 --> 01:28:17,920 Speaker 2: Yes, through a judicial review. You see it when that 1823 01:28:18,000 --> 01:28:21,439 Speaker 2: hut Grok. If Judge Akin loses the case, Yes, throw 1824 01:28:21,479 --> 01:28:22,519 Speaker 2: a judicial review. 1825 01:28:22,680 --> 01:28:26,160 Speaker 9: That's how production will be trending now with Chemist well 1826 01:28:26,200 --> 01:28:27,880 Speaker 9: house Keeping, Kiwi's. 1827 01:28:27,520 --> 01:28:28,760 Speaker 1: Healthy all year out. 1828 01:28:29,360 --> 01:28:31,559 Speaker 2: This is speaking of lawyers. Mike Lenia is the lawyer 1829 01:28:31,640 --> 01:28:33,840 Speaker 2: for the woman in this mesa case in LA Today 1830 01:28:33,960 --> 01:28:36,160 Speaker 2: she's won three million dollars. Here's what he said. 1831 01:28:36,280 --> 01:28:41,920 Speaker 7: It's a very great importance to a generation of people 1832 01:28:42,640 --> 01:28:46,080 Speaker 7: who have been affected. We've had a number of family 1833 01:28:46,200 --> 01:28:48,880 Speaker 7: members who have been so diligent to be here to 1834 01:28:49,040 --> 01:28:54,679 Speaker 7: lend moral support, prayer support, emotional support during this trial. 1835 01:28:54,960 --> 01:28:58,960 Speaker 7: There are so many families who've been tragically hurt through 1836 01:28:59,439 --> 01:29:04,400 Speaker 7: the addition of social media. Regardless of whether the children 1837 01:29:04,439 --> 01:29:09,720 Speaker 7: are getting sent pornographic pictures, regardless of whether they're being sexploitated, 1838 01:29:10,080 --> 01:29:13,880 Speaker 7: regardless of those types of issues, just because of the 1839 01:29:14,000 --> 01:29:18,760 Speaker 7: features alone that drive addiction, these companies can be held accountable. 1840 01:29:19,000 --> 01:29:20,479 Speaker 4: That's a huge message. 1841 01:29:20,880 --> 01:29:24,320 Speaker 2: Are you sexploitated? It's a good use of the word 1842 01:29:24,479 --> 01:29:27,280 Speaker 2: if it is a word, fifteen hundred others are looking 1843 01:29:27,320 --> 01:29:31,400 Speaker 2: to file suit now, so this is an avalanche, and 1844 01:29:31,680 --> 01:29:34,040 Speaker 2: I don't know what Meta does about it. The others settled, 1845 01:29:34,080 --> 01:29:36,439 Speaker 2: and you can see now why they settled. Now, obviously 1846 01:29:37,000 --> 01:29:39,320 Speaker 2: you could argue they're as guilty as Meta as in 1847 01:29:39,400 --> 01:29:42,479 Speaker 2: this particular case. But nevertheless they stayed out of court. 1848 01:29:44,000 --> 01:29:45,600 Speaker 2: As I said earlier on, I thought it was a 1849 01:29:45,680 --> 01:29:48,839 Speaker 2: high hurdle that they deliberately set out to make an algorithm, 1850 01:29:48,960 --> 01:29:51,160 Speaker 2: but you know, three millions three million, and a win's 1851 01:29:51,200 --> 01:29:53,840 Speaker 2: a win, and they've been found liable, and there it is. 1852 01:29:54,240 --> 01:29:56,679 Speaker 2: They will appeal on assuming like everything else, they'll appeal 1853 01:29:56,680 --> 01:29:59,160 Speaker 2: their appeal in New Mexico, the second part of the 1854 01:29:59,240 --> 01:30:01,640 Speaker 2: New Mexico case, by the way, so they're appealing that, 1855 01:30:01,920 --> 01:30:04,200 Speaker 2: and they'll appeal this. I'm assuming, but they've got made 1856 01:30:04,200 --> 01:30:07,439 Speaker 2: of trouble. Back tomorrow morning from six o'clock on the 1857 01:30:07,520 --> 01:30:10,040 Speaker 2: Mike Asking Breakfast as always Happy Days. 1858 01:30:11,760 --> 01:30:14,640 Speaker 1: For more from the My Asking Breakfast, listen live to 1859 01:30:14,760 --> 01:30:17,840 Speaker 1: News Talks a't B from six am weekdays, or follow 1860 01:30:17,880 --> 01:30:19,400 Speaker 1: the podcast on iHeartRadio.